• Environmental and Resource Economics Review
• /
• v.15 no.2
• /
• pp.177-200
• /
• 2006

The demand for the study about the pollution haven activities under increasing return to scale is increasing since the trade theory under increasing return to scale has been developed. In this paper, based on Davis (1998)'s argument about home market effect, pollution haven activities under increasing return to scale is developed. The result shows that pollution haven effect can be identified with the high trade barriers. When the trade barriers are lowered, both pollution haven effect of heavy polluted industries and migration of low polluted industries are mixed together. Even the behavior under pollution haven hypothesis and that of pollution haven effects are co-existed. Therefore, to keep both environmental protection and continuous economic development, the local government of the region with high environment preservation value encourages the productivity increase of the environmental technique.

• Journal of the Korea Safety Management & Science
• /
• v.17 no.4
• /
• pp.87-96
• /
• 2015

This study analyzed the safety management efficiency through input-oriented BCC Model using DEA by making of Models, in which this study selected the number of staff affiliated with the construction site, number of staff members on the construction team, and number of safety personnel as Input Factor, along with the number of disaster victims and zero-accident accomplished hours as output elements, targeting 40-or-so apartment building construction sites which are being built by 3 domestic construction companies. As a result of efficiency, it was 0.643, the number of efficient DMU was 4. In the aspect of returns to scale, 21 construction sites(52.5%) found to be in a state of increasing returns while 14 construction sites(35%) was in a state of Decreasing returns. The reason for inefficiency was found to lie in technical factors in case of 30 construction sites(75%). Lastly, inefficient DMU is in need of 38.9 % and 66% reduction in site personnel and safety personnel. Based on study results, the 29 construction sites accounting for 72.5% of DMU for safety management efficiency evaluation object turned out to do inefficient safety management that doesn't fit the size of each company.

• Asia pacific journal of information systems
• /
• v.13 no.4
• /
• pp.229-255
• /
• 2003

This article attempts to examine the well-known law that the increasing returns to scale(IRS) is effective in the Internet business. The effect of IRS is one of the hottest issues in the Internet business sector. Many cases and survey studies support the fact that the IRS phenomenon exists in the Internet business. Executives in Internet business generally give a deep trust on this theory. As the Internet business grows, however, the boundary of the business becomes widened and complicated. And each category of Internet business is characterized with a different business style and economic behavior. It may, therefore, be dangerous to accept that the phenomenon of IRS is applied to all areas of Internet business. For this reason, the research for the close look into the IRS phenomenon should provide significant implications for the managers in the Internet business industry. This article divides the internet business into four sub-areas, and analyzes the IRS phenomenon using AHP/DEA-based full ordering technique. Interpretations are given, based upon the research results, for each sub-area of Internet business, as a guideline of setting business strategies for practical managers.

• Journal of Information Technology Services
• /
• v.16 no.4
• /
• pp.1-13
• /
• 2017

This study examines how specific technology from Information and Communications Technology (ICT)-which plays a critical role in increasing productivity by promoting a spread of technology across the society though the use of big data, mobile or wearable devices-impacts of the productivity of society and productivity of added values, respectively. The impact of technology was studied from the perspective of efficiency levels of input. In order to provide an analysis, we have categorized ICT into 16 specific technologies and have set the number of companies and number of employees each as an input factor while setting the respective output and the output of added values as an output factor. Afterwards, we have applied data envelopment analysis (DEA) which is a form of nonparametric frontier analysis and measured the productivity and efficiency of added values for each technology. According to the analysis results, there were 2 technologies by the CRS standards, and 3 technologies by the VRS standards that showed relative efficiency levels. We have also presented some efficiency improvement strategies for specific technologies that revealed relative inefficiency and offered a reference set and projection point. In addition, we provide an analysis on scale efficiencies (SE), diminishing returns to scale (DRS), and increasing returns to scale (IRS) of each ICT.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.20 no.5
• /
• pp.163-169
• /
• 2019

This study examined whether industry-level competition affects excess stock returns because of changes in cash holdings. Competitive inter-company threats increase the possibility of the manager's replacement, and function to induce management to make their best efforts, resulting in the amount and quality of the information provided by the enterprise increasing. Therefore, as competition intensifies, agency problems are reduced and stock returns increase because the company's cash holdings are expected to increase. However, there is a view that firms in industries with severe competition tend to have high information asymmetry because competitors may compete in more favorable positions by using detailed information disclosed by the competing firms. Accordingly, as market competition intensifies, the excess stock returns resulting from increased cash holdings are expected to decline. These results show that excess stock returns because of increases in cash holdings increase as the degree of competition in the industry intensifies, thus supporting the positive effect of market competition. Overall, the results of this study provide an understanding that market competition plays an effective external governance mechanism and that investors positively evaluate the cash held by companies with severe industry competition.

• Korean Management Science Review
• /
• v.17 no.3
• /
• pp.181-201
• /
• 2000

This paper performs a case study on an Internet business networking company, oneQ.com. We define the functions of Internet business networker and discuss its characteristics such as network effect, lock-in effect, and increasing returns etc. Through reviewing the business models, strategies, and implemented technologies of the oneQ.com, we investigate the applicability and effectiveness of the Internet business networker as well as its research implications.

• Proceedings of the Korean Society For Composite Materials Conference
• /
• 2003.10a
• /
• pp.146-149
• /
• 2003

Two-way shape memory effect(TWSME) under residual stresses are considered in the present study. The structure using two-way shape memory alloy(SMA) concept returns to its initial shape by increasing or decreasing temperature under the initially given residual stress. In the present study, we use a thermo-mechanical constitutive equation of SMA and laminated composite plates are considered as simple morphing structural components which are based on first order shear deformable laminated composite plate with large deflection. Numerical results of fully coupled SMA-composite structures are presented

• Proceedings of the Korean Society For Composite Materials Conference
• /
• 2004.04a
• /
• pp.123-126
• /
• 2004

Two-way shape memory effect(TWSME) under residual stresses are considered in the present study. The structure using two-way shape memory effect concept returns to its initial shape by increasing or decreasing temperature under the initially given residual stress. In the present study, we use a thermo-mechanical constitutive equation of SMA and laminated composite beam are considered as simple morphing structural components which are based on large deformable 2D composite beam theory. Numerical results of fully coupled SMA-composite structures are presented.

• Korean Journal of Organic Agriculture
• /
• v.22 no.4
• /
• pp.581-591
• /
• 2014

This study analyze the policy efficiency of the environment-friendly farming zone program using data envelopment analysis. On analyzed results, the average policy efficiency is 0.185 and 98.3% of zones are inefficient. 97.8% of zones are in increasing returns to scales. The empirical results indicate that more work need to be done to increase the efficiency of the program.

• Asian-Australasian Journal of Animal Sciences
• /
• v.15 no.8
• /
• pp.1110-1114
• /
• 2002

The animal production sector in Jordan is characterized by shortages of locally produced feedstuffs derived from rangeland, forage plants or from human food crops as by products. This is exacerbated by insufficient rainfall, overgrazing, early grazing and high stocking rate. Thus, subject to these constraints, other technological improvements are highly desirable to meet the needs of crop growth and animal production. Alternative adapted technologies are also desirable in order to meet the increased demand for red meat in relation to population growth along with the changes in the price subsidy for feedstuff. The technologies are those, which have been introduced to the animal production sector, obtained in agricultural research stations besides on-farm demonstrations. They include technologies suited for increasing birth and twining rates, synchronizing the mating period, introducing the early weaning method, and animal feed and sheep production. Economic assessments conducted in this study demonstrate promising results of hormonal and nutritional practices in improving production efficiency of Awassi sheep in Jordan. Jordanian published data between 1991 and 1998 were used. The examined practices were: 1) use of PMSG in estrus synchronization in ewes, 2) introduction of early lamb weaning program, 3) supplementation with $AD_3E$ for ewes and 4) the use of agro-industrial feed block as a feed supplement for grazing lambs. Production data were then subjected to partial budgeting for economical evaluation. The use of PMSG outperformed the control groups in fertility and net returns per ewe by US$ 8.36/ewe. The early weaning of lambs increased the net returns by US$ 3.90/lamb. The injection with vitamin $AD_3E$ showed an average additional net return of US$ 5.66/ewe. Feeding agriculture by-product blocks improved weight gain in the feed block groups and resulted in additional net returns of US$ 3.5/lamb. The economic viability and reproductive performance indicators demonstrate that efforts should be undertaken to disseminate these new practices in the development program.