• Title/Summary/Keyword: empirical research

Search Result 8,352, Processing Time 0.038 seconds

Empirical Analysis on the Industrial Productivity in the Electricity·Gas·Water Service Sector

  • Zhu, Yan Hua;Kang, Joo Hoon;Park, Sehoon
    • Journal of Korea Society of Industrial Information Systems
    • /
    • v.20 no.4
    • /
    • pp.25-37
    • /
    • 2015
  • The early studies indicated that the firm with monopoly power is likely to engage in X-inefficiency such as a managerial slack. The reflection of the X-inefficiency theory has led to the issue that the public sector may be more inefficient than the private sector. In Korea like other many countries the electricity gas water service which can be considered as natural monopoly have been provided mostly by the public sector. In order to provide the empirical evidence to the argument that the public sector may be more inefficient than the private sector this paper estimated the four types of Solow residual which is called the total factor productivity in the electricity gas water service industry with the associated empirical model and compared its productivity with one in the manufacturing industry. The empirical results do not support the argument that the public sector may be more inefficient or less productive than the private sector.

An Empirical Analysis of the Conflict Research Trend in the Field of Public Administration (행정학 분야에서의 갈등 연구경향 분석)

  • Byun, Sung-Soo;Bae, Jeong-Hwan
    • The Journal of the Korea Contents Association
    • /
    • v.10 no.1
    • /
    • pp.365-371
    • /
    • 2010
  • The research purpose of this paper is to afford a base data and a research direction for the effective conflict management. For this, this article analyzed the conflict research trend in the field of public administration. According to empirical analysis, the main research results are as follows. First, a published article number go on increasing in proportion to publication year. Second, a one-research paper have showed 71.2% of all papers because of limited researcher in the field of conflict research. Third, research paper which did not receive a research expenses have showed 73.1% of all papers. Fourth, research paper that used a empirical analysis and case study have showed 80.8% of all papers in the methodology of conflict. Fifth, the research purpose that aimed to propose an alternative and practical analysis have showed 91.3% of all papers. Sixth, about the research contents, it have showed each 50.0%(administration/institution and facilities location), 80.8%(interorganization conflict), 76.0%(intergovernment, between government and public), 64.5%(with local government) in a field, a level, a party, a relation of the conflict.

An Empirical Analysis of the Relationship between Direct Construction Approach and Construction Quality in General Construction Companies (종합건설기업의 직접 시공과 건설 품질 사이의 관련성에 대한 실증분석)

  • Park, Hong-Jo;An, Sung-Hoon
    • Journal of the Korea Institute of Building Construction
    • /
    • v.23 no.5
    • /
    • pp.619-628
    • /
    • 2023
  • This study undertook a empirical analysis, delving into the association between the direct construction approach and the construction quality of general construction companies. The research hinged on corporate financial data to elucidate the premise that a reduced emphasis on direct construction approach by general construction companies correlates with a notable prevalence of building defects. Specifically, the analysis engaged with the top 100 construction companies based on their construction capability evaluation in 2022. This appraisal leveraged the Empirical Research Model(ERM) rooted in financial data-sets spanning 2017 to 2021. Findings underscored that as the ratio of direct construction approach diminishes, the incidence of building defects amplifies, signifying a consequential dip in construction quality. Moreover, the research reaffirmed that companies with elevated construction capability evaluations or larger organizational scales tend to register decreased defect rates. This study fortifies, from a theoretical perspective, the legislative imperatives championing direct construction approach, by empirically spotlighting the potential perils of over-reliance on subcontracting.

The Impact of Big Data Investment on Firm Value

  • Min, Ji-Hong;Bae, Jung-Ho
    • Journal of Distribution Science
    • /
    • v.13 no.9
    • /
    • pp.5-11
    • /
    • 2015
  • Purpose - The purpose of this research is to provide insights that can be used for deliberate decision making around challenging big data investments by measuring the economic value of such big data implementations. Research design, data, and methodology - We perform empirical research through an event study. To this end, we measure actual abnormal returns of companies that are triggered by their investment announcements in big data, or firm size information, during the three-year research period. The research period targets a timeframe after the introduction of big data at Korean firms listed on the Korea stock markets. Results - Our empirical findings discover that on the event day and the day after, the abnormal returns are significantly positive. In addition, our further examination of firm size impacts on the abnormal returns does not show any evidence of an effect. Conclusions - Our research suggests that an event study can be useful as an alternative means to measure the return on investment (ROI) for big data in order to lessen the difficulties or decision making around big data investments.

A Study on the Changes of Flood Vulnerability in Urban Area Using One-Way Error Component Regression Model (One-Way Error Component Regression Model을 활용한 도시지역 수재해 취약성 변화의 실증연구)

  • Choi, Choong-Ik
    • Journal of Environmental Policy
    • /
    • v.3 no.2
    • /
    • pp.89-112
    • /
    • 2004
  • This Study aims to demonstrate how much flood vulnerability in urban area changed for the past 32 years by using the panel model. At the same time, this study strives to determine the primary factors and to construct an effective counter-plan by means of empirical research. After selecting research hypotheses based on considerations of issues concerning causes for urban flooding, their relevance is put to the test by conducting empirical research in individual case locations. This research verifies the four research hypotheses by using one-way error component regression model. In conclusion, this research has shown that urban land use and local characteristics act as significant flood determinants, with forests acting to reduce flood dangers. Moreover, constructing embankments can no longer represent a reliable flood control policy. The changes in future flood control policies need to incorporate local characteristics and to minimize natural destruction, so that humans and nature can coexist through environmentally friendly flood management policies.

  • PDF

An Empirical Analysis on a Predictive Method of Systematic Segmentation in Volatile High-Tech Markets

  • Shin, Yonghee;Jeon, Hyori;Choi, Munkee;Han, Eoksoo;Jung, Sungyoung
    • ETRI Journal
    • /
    • v.35 no.2
    • /
    • pp.321-331
    • /
    • 2013
  • High-tech markets are unpredictable owing to rapid technology innovation, diverse customer needs, high competition, and other elements. Many scholars have attempted to explain the uncertainty in high-tech markets using their own various approaches. However, sufficiently clear ways to predict diverse changes and trends in high-tech markets have yet to be presented. Thus, this paper proposes a new approach model, that is, systematic market segmentation, to give more accurate information. Using an empirical dataset from the mobile handset market in the Republic of Korea, we conduct our research model consisting of three steps. First, we categorize nine basic segments. Second, we test the stability of these segments. Finally, we profile the characteristics of the customers and products. We conclude that the approach is able to offer more diagnostic information to both practitioners and scholars. It is expected to provide rich information for an appropriate marketing mix in practice.

Strong Ground Motion Simulation at Seismic Stations of Metropolises in South Korea by Scenario Earthquake on the Causative Fault of the 2016 Gyeongju Earthquake (2016년 경주지진 유발단층 시나리오 지진에 의한 국내 광역 도시 지진관측소에서의 강진동 모사)

  • Choi, Hoseon
    • Journal of the Earthquake Engineering Society of Korea
    • /
    • v.24 no.2
    • /
    • pp.59-65
    • /
    • 2020
  • The empirical Green's function method is applied to the foreshock and the mainshock of the 2016 Gyeongju earthquake to simulate strong ground motions of the mainshock and scenario earthquake at seismic stations of seven metropolises in South Korea, respectively. To identify the applicability of the method in advance, the mainshock is simulated, assuming the foreshock as the empirical Green's function. As a result of the simulation, the overall shape, the amplitude of PGA, and the duration and response spectra of the simulated seismic waveforms are similar with those of the observed seismic waveforms. Based on this result, a scenario earthquake on the causative fault of Gyeongju earthquake with a moment magnitude 6.5 is simulated, assuming that the mainshock serves as the empirical Green's function. As a result, the amplitude of PGA and the duration of simulated seismic waveforms are significantly increased and extended, and the spectral amplitude of the low frequency band is relatively increased compared with that of the high frequency band. If the empirical Green's function method is applied to several recent well-recorded moderate earthquakes, the simulated seismic waveforms can be used as not only input data for developing ground motion prediction equations, but also input data for creating the design response spectra of major facilities in South Korea.

Development of Neural-Networks-based Model for the Fourier Amplitude Spectrum and Parameter Identification in the Generation of an Artificial Earthquake (인공 지진 생성에서 Fourier 진폭 스펙트럼과 변수 추정을 위한 신경망 모델의 개발)

  • 조빈아;이승창;한상환;이병해
    • Proceedings of the Computational Structural Engineering Institute Conference
    • /
    • 1998.10a
    • /
    • pp.439-446
    • /
    • 1998
  • One of the most important roles in the nonlinear dynamic structural analysis is to select a proper ground excitation, which dominates the response of a structure. Because of the lack of recorded accelerograms in Korea, a stochastic model of ground excitation with various dynamic properties rather than recorded accelerograms is necessarily required. If all information is not available at site, the information from other sites with similar features can be used by the procedure of seismic hazard analysis. Eliopoulos and Wen identified the parameters of the ground motion model by the empirical relations or expressions developed by Trifunac and Lee. Because the relations used in the parameter identification are largely empirical, it is required to apply the artificial neural networks instead of the empirical model. Additionally, neural networks have the advantage of the empirical model that it can continuously re-train the new recorded data, so that it can adapt to the change of the enormous data. Based on the redefined traditional processes, three neural-networks-based models (FAS_NN, PSD_NN and INT_NN) are proposed to individually substitute the Fourier amplitude spectrum, the parameter identification of power spectral density function and intensity function. The paper describes the first half of the research for the development of Neural-Networks-based model for the generation of an Artificial earthquake and a Response Spectrum(NNARS).

  • PDF

Consumption Value Effects on Shopping Mall Attributes: Moderating Role of On/Off-line Channel Type

  • Cha, Seong-Soo;Park, Cheol
    • Journal of Distribution Science
    • /
    • v.15 no.6
    • /
    • pp.5-12
    • /
    • 2017
  • Purpose - This study is to investigate the effects of consumption values of retailers on the importance of store attributes, and to determine the influence on the consumption values of consumers who shop at complex shopping malls on the empirical and functional attributes in those malls as well as on the influence of on/off-line channels. Research design, data, and methodology - With 344 surveyed questionnaires, this study was conducted by using SPSS 22.0 to verify the reliability and validity of the measured variables. Structural equation model (SEM) was employed as a statistical method for the hypotheses test of this study. Results - The results showed that hedonic value has more influence on the importance of empirical attribute than that of functional attribute in shopping malls. In addition, practical value has more influence on functional attributes than empirical properties of shopping malls. However, these relationships showed the difference in on/off-line channels. As for off-line channels, consumers' consumption values were more influential on empirical attributes, while functional attributes were more important in on-line channels Conclusions - This study analyzed the influence on the importance of the consumption values in store attributes, and the effects of each channel with suggesting practical implications.