• Title/Summary/Keyword: economy model

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Market-based Modeling of Decentralized Multiple Project Management (분권화된 다중 프로젝트 관리를 위한 시장 기반 모델링)

  • Lee, Yong-Han
    • 한국IT서비스학회:학술대회논문집
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    • 2003.05a
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    • pp.577-583
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    • 2003
  • Due to the widespread availability of the internet, large-scale and dynamic distributed projects in industry are becoming popular. We present a distributed, collaborative, and adaptive control approach for decentralized multiple projects, which is one of representative project environments in modern e-enterprises. In this paper we deal with short term scheduling and rescheduling of resources, which are shared by multiple projects. We in specific, address the dynamic nature of the situation. We model this as a dynamic economy, where the multiple local markets are established and cleared over time trading resource time slots(goods). Local markets are modeled using a combinatorial auction mechanism. Due to the dynamic and distributed nature of economy, through our approach we can achieve higher levels of flexibility, scalability and adaptability.

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The Trade-Agreement Embarrassment

  • Ethier, Wilfred J.
    • East Asian Economic Review
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    • v.17 no.3
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    • pp.243-260
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    • 2013
  • The dominant academic literature about trade agreements maintains that they are only about national terms-of-trade manipulation and not at all about purely political concerns. Non-academic economists, commentators, and diplomats by contrast think that trade agreements are all about political concerns. There are two substantive and important distinctions between the two views. i Practitioners maintain that policymakers care virtually not at all about the terms of trade or about trade-tax revenue. ii Practitioners, unlike academics, maintain that trade-agreement negotiations themselves change the underlying political economy. Observation of actual trade policy measures, though not conclusive, suggests that the practitioners are right and that the academics are wrong.

LEO 5G-NTN Service Trends (저궤도 5G-NTN 서비스 동향)

  • B.W. Kim;G.E. Choi
    • Electronics and Telecommunications Trends
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    • v.38 no.5
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    • pp.114-124
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    • 2023
  • Recently, there have been the World Economic Forum's space economy guidelines, the International Telecommunication Union's regulations for each satellite orbit, the development of chips using satellite communication by global manufacturers and service providers, and the registration of key telecommunication businesses. Accordingly, trends in low-orbit 5G satellite communication services in Korea were investigated and analyzed, and the current situation in Korea was diagnosed. Korea's satellite communications accounts for 0.31% of all satellites when analyzed centering on countries with 20 or more satellites. Korea's communication satellite holdings are insufficient compared to 187 times that of the United States, 45 times that of Russia, and 18 times that of China. There is no link technology between 5G and LEO, and the cost of launch vehicles is high. In addition, it is judged that the ecosystem of equipment companies in the low-orbit 5G-NTN business model is insufficient.

INTELLECTUAL CAPITAL AS THE BASIS FOR THE DEVELOPMENT OF CREATIVE INDUSTRIES

  • Hanna Kostromina;Olha Potishchuk;Tamara Rudenko;Maryna Pushkar;Oksana Romaniuk
    • International Journal of Computer Science & Network Security
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    • v.23 no.3
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    • pp.208-214
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    • 2023
  • Globalization and the development of technology have turned creativity into a necessity. Numerous countries consider creativity to be the major model of economic development. In this era of the knowledge-based economy, creativity is becoming a catalyst for the development of millions of people around the world. Irina Bokova, the former Director General of UNESCO, has stated that the cultural and creative industries have a capital of 2 250 billion US dollars, almost 30 million jobs worldwide in the economies of advanced countries and developing countries (Cultural Times, 2015). Copyright is a branch of intellectual property with a wider scope, forasmuch as it applies to every product of literary, scientific and artistic works in all forms of expression, relating to certain levels of originality.

International Transmission of Macroeconomic Uncertainty in China: A Time-varying Bayesian Global SVAR Approach

  • Wongi Kim
    • East Asian Economic Review
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    • v.28 no.1
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    • pp.95-140
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    • 2024
  • This study empirically investigates the international transmission of China's uncertainty shocks. It estimates a time-varying parameter Bayesian global structural vector autoregressive model (TVP-BGVAR) using time series data for 33 countries to evaluate heterogeneous international linkage across countries and time. Uncertainty shocks are identified via sign restrictions. The empirical results reveal that an increase in uncertainty in China negatively affects the global economy, but those effects significantly vary over time. The effects of China's uncertainty shocks on the global economy have been significantly altered by China's WTO accession, the global financial crisis, and the recent US-China trade conflict. Furthermore, the effects of China's uncertainty shocks, typically on inflation, differ significantly across countries. Moreover, Trade openness appears crucial in explaining heterogeneous GDP responses across countries, whereas the international dimension of monetary policy appears to be important in explaining heterogeneous inflation responses across countries.

The Economic Impact of the Korean Port Industry on the National Economy : from the Viewpoint of Macroeconomics (한국항만산업이 국가경제에 미치는 영향에 관한 분석 - 거시경제의 관점에서 -)

  • Moon, S.H.
    • Journal of Korean Port Research
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    • v.6 no.2
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    • pp.65-92
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    • 1992
  • The Korean central government has not appreciate the full extent of the impact of seaports on the national economy. As a consequence port investment has not been given sufficient priority and capacity has failed to keep pace with demand. The principal reason for this failure is the fact that the linkages (or relationships) of the port transport industry with other sectors have not been quantified and fully appreciated. To overcome this dificiency this paper developed a port input-output model to determine the economic impact of the port industry on the national economy. This impact study was conducted by analysing the impact of the Korean port industry upon the national economy from the macroeconomic viewpoint, and identifying the spreading effects of port investments upon the nation's economy. The analysis of the economic impact of the port industry suggests that its contribution to the Korean economy is substantial. What the model shows is, in quantifiable terms, there are the strong economic linkages between the port industry and the other sectors of the national economy. The contribution of the port industry to the Korean economy was summarised in the Conclusion section.

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Earthquake Resistant Analysis Model of a Steel Box Girder Bridge (강박스교의 내진해석모델)

  • 국승규
    • Proceedings of the Earthquake Engineering Society of Korea Conference
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    • 2000.10a
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    • pp.341-347
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    • 2000
  • Even for the same structure, the analysis results as well as design values might have differences depending on the selected analysis model. Therefore it is desirable to determin model considering the required accuracy of the analysis results, the given time restried economy. " Standard Specification for Roadway Bridges" Division V, Seismic Design prove "Single Mode Spectral Analysis Method" as the basic analysis method for the earthquake design of roadway bridges classified as "regular". In this study a 5 span steel box girl selected which satisfies the regularity and the applicability of the provided analysis simplified model in checked. For the comparision of the analysis results, "Multi-Mode Spect Method" is used with a detailed model.hod" is used with a detailed model.odel.

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A Development of Service Systems Model from Business Model Approach (비즈니스 모델을 기반으로 서비스 시스템 모델 개발에 관한 연구)

  • Yim, Myung-Seong;Jeong, Tae-Seok;Moon, Yong-Eun
    • The Journal of Information Systems
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    • v.19 no.4
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    • pp.1-24
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    • 2010
  • Over the past three decades, services have become the largest part of most industrialized nations' economies but it is the least-studied part of the economy. One approach is to develop a general theory of service with well-defined questions, tools, methods, and practical implications of society. The purpose of this study was to propose a service systems model to systematically approach a service research. For this purpose, we conducted literature review about business model and extant service systems researches. Based on a literature review, we propose a service systems model that comprises value proposition, participants, shared information/knowledge, organizational capability, value network, and technology. Implications for practice and recommendations for additional research were discussed.

A study on the Inventing Service Process Development Model (MAVIC) Based on SERVQUAL (SERVQUAL을 기반으로 한 서비스 프로세스 개선 모델(MAVIC) 개발에 관한 연구)

  • Ree, Sang-Bok;Kim, Su-Yen
    • IE interfaces
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    • v.20 no.3
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    • pp.315-326
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    • 2007
  • The service industry is becoming greater importance in the current economy. The service quality has become an important competitive factor in service industry. Until now, 6 sigma method has well accomplished in manufacturing industry. 6 sigma method has been applied to the service industry to improve service quality, but it has not been reported that 6 sigma method is a successful method for service industry to improve service quality. In this paper, we suggest a MAVIC model to improve service quality. It is a model which is combined with advantages of a SERVQUAL model and 6 sigma method. We has proved its effect with applying a MAVIC model to real service techniques.

A New Model for Predicting Width Spread in a Roughing Mill - Part II: Application to Flat Rolling (조압연 공정의 판 폭 퍼짐 예측 모델 - Part II : 평판에의 적용)

  • Lee, D.H.;Lee, K.B.;Hwang, S.M.
    • Transactions of Materials Processing
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    • v.23 no.3
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    • pp.145-150
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    • 2014
  • Precision control of the slab is crucial for product quality and production economy in hot strip mills. The current study presents a new model for predicting width spread of a slab with a rectangular cross section during roughing. The model is developed on the basis of the extremum principle for a rigid plastic material and a three dimensional admissible velocity field. This model incorporates the effect of process variables such as the shape factor and the ratio of width to thickness. We compare the results of this model to 3-D finite element (FE) process simulations and also to results from a previous study.