• The Journal of the Korea Contents Association
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• v.13 no.11
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• pp.176-186
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• 2013

The purpose of this study is to investigate the economies of scale and scope in the medical service industry of Korea using the multiple output translog cost function. The results show that the single-product scale economy (SSE) estimated is highly significant and less than one, implying that Korean medical service institutes are on average enjoying the product-specific scale economy in providing their services. In addition, the ray scale economies (RSE) reflects the overall economy of the scale in individual firm, showing less than one. Thus, the medical service industry in Korea is generally operating in the region of increasing returns to scale. The findings provide evidence of the economy of scope, in particular, with the joint production of inpatient and outpatient services as well as inpatient and administrative services.

• Journal of Labour Economics
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• v.26 no.2
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• pp.129-160
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• 2003

In order to enhance the national competitiveness of the korean knowledge economy it is necessary to establish new, cooperative industrial relations. In the past mass production economy the technological innovations generally substitute the real assets for the labour so that the interest conflict between employers and employees was inherent and the resistance of the labourers to innovations was unavoidable. In the knowledge economy, however, the real assets and the labour are complementary to each other and the investments in skills and education bring increasing returns. These are the most important reasons for the common interest of employers and employees in improved skills and advanced education. In the knowledge economy, therefore, establishing and maintaining the cooperative industrial relations is a necessary condition to maximize the value creation, where in Korea the 'Tripartite Commission' can and has to play a active role.

• The KIPS Transactions:PartC
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• v.9C no.4
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• pp.453-458
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• 2002

Recently, the number of hacking, that use buffer overflow vulnerabilities, are increasing. Although the buffer overflow Problem has been known for a long time, for the following reasons, it continuos to present a serious security threat. There are three defense method of buffer overflow attack. First, allow overwrite but do not allow unauthorized change of control flow. Second, do not allow overwriting at all. Third, allow change of control flow, but prevents execution of injected code. This paper is for allowing overwrites but do not allow unauthorized change of control flow which is the solution of extending compiler. The previous defense method has two defects. First, a program company with overhead because it do much thing before than applying for the method In execution of process. Second, each time function returns, it store return address in reserved memory created by compiler. This cause waste of memory too much. The new proposed method is to extend compiler, by processing after compiling and linking time. To complement these defects, we can reduce things to do in execution time. By processing additional steps after compile/linking time and before execution time. We can reduce overhead.

• Journal of Korean Society of Forest Science
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• v.95 no.3
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• pp.268-273
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• 2006

This study analyzed the technological change of Korean sawmill industry affected by change of factor price. An aggregate cost function has been estimated to analyze the technological change in Korean sawmill industry between 1970 and 2003 to the technical bias and scale effect. There was substitution among labour, capital, and material, especially in more elastic relation between labour and capital. In addition, domestic sawmill industry was progressed into structure which is biased to labour saving, and capital and material using because of increase of labour price. Since Korean sawmill industry's technology still exhibits an increasing returns to the scale, the large amount of investment has contributed to productivity growth, and the future productivity growth continually depend on the scale effect for some time.

• KDI Journal of Economic Policy
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• v.35 no.2
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• pp.133-166
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• 2013

This study analyzes the relationships between soft dollar(brokerage commission) and characteristics of funds, and between brokerage commission and return on funds, using the data on equity funds of Korea from June 2008 to November 2011. The result confirms a statistically significant negative relationship between management & sales fees and brokerage commission, meaning that rather than raising management & sales fees, which could be easily recognized by investors, it is through brokerage commission, a hidden cost, which asset management firms indirectly compensate for their services. Meanwhile, the analysis on the relationship between brokerage commission and return on funds reveals that higher brokerage commissions lead to lower return on funds, meaning at least in short-term no contribution to increasing returns in the future. These results suggest the need for streamlining the system to alleviate conflicts of interest between investors and management firms in addition to effectively controlling for principal-agent problems.

• Journal of Veterinary Clinics
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• v.22 no.2
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• pp.125-129
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• 2005

This experiment was conducted for the development of oriental feed additives in broiler chicks. It conducted experiment to investigate the effect of $1\%$ dietary supplementation of oriental feed additives containing oriental herbal medicines such as Saururus Chnensis B.(S. chnensis) and Carthamus Tinctorius L.(C. tinctorius) on growth performance, and physicochemical properties in broiler chicks. The results of this study demonstrated that chicks feed $1\%$ oriental feed additives decreased feed gain, and death rates compared with control treatment. Weight gain and meat color were higher in the $1\%$ supplement group than control. The supplementation of $1\%$ oriental feed additives increased unsaturated fatty acid, and reduced crude fat in the broiler chicks compared with those of control. In conclusion, this study implied that oriental feed additives containing oriental herbal medicines such as S. Chnensis and C. Tinctorius were effective in improving broiler chicks on growth performance, physical-chemical properties and is highly recommended for increasing economic returns.

• KIEAE Journal
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• v.10 no.5
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• pp.165-170
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• 2010

Super high-rise mixed use buildings require a longer period for construction. Especially finishing work takes up about 40% of the whole construction period. Thus, finishing work is becoming an important factor in determining the construction period along with earth work and frame work. As the expected returns added by the reduction of the period and cost in constructing super high-rise mixed use buildings are huge, the expectations are now increasing for the possible gains. In this respect, as the period of finishing work is easier to be shortened than that of frame work, the efforts to acquire the technical knowledge to reduce the finishing work period are now being required. Accordingly, in this study, we aimed at suggesting the basic data for designing an economic plan for finishing-work procedure by analyzing the productivity of each work type of finishing work procedure on the basis of the execution and results of a construction method as a time-flexible finishing work plan. For this, we categorized the work types of finishing work procedure into each work unit and provided a work-system for each of them. Also, with case studies, we calculated the detailed amounts of the work-loads, required materials, productivity, and productivity index of the main work types of finishing work procedure and each of their separate work units as well as analyzed the relationship between the value results to suggest a better way to improve its productivity.

• Journal of the Korean Data and Information Science Society
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• v.28 no.4
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• pp.819-829
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• 2017

The aim of this study is to analyze intraday price momentum. When price trends are formed, price momentum is the phenomenon that future prices tend to follow the trend. When the market opened and closed, a U-shaped trading volume pattern in which the trading volume was concentrated was observed. In this paper, we defined price momentum as the 10 minute trend after market opening is maintained until the end of market. The strategy is to determine buying and selling in accordance with the price change in the initial 10 minutes and liquidating at closing price. In this study, the strategy was empirically analyzed by using minute data, and it showed effectiveness, indicating the presence of an intraday price momentum. A pattern in which returns are increasing at an early stage is called a J-shaped pattern. If the J-shaped pattern occurs, we have found that the price momentum phenomenon tends to be stronger than otherwise. The DTW algorithm, which is well known in the field of pattern recognition, was used for J-shaped pattern recognition and the algorithm was effective in predicting intraday price movements. This study showed that intraday price momentum exists in the KOSPI200 futures market.

• Agribusiness and Information Management
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• v.8 no.2
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• pp.1-8
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• 2016

The present study has aimed at analyzing the technical and scale efficiencies of credit utilization by the farmer-borrowers in Chittoor district of Andhra Pradesh, India. DEA approach was followed to analyze the credit utilization efficiency and to analyze the factors influencing the credit utilization efficiency, log-linear regression analysis was attempted. DEA analysis revealed that, the number of farmers operating at CRS are more in number in marginal farms (40%) followed by other (35%) and small (17.5%) farms. Regarding the number of farmers operating at VRS, small farmers dominate the scenario with 72.5 per cent followed by other (67.5%) and marginal (42.5%) farmers. With reference to scale efficiency, marginal farmers are in majority (52.5%) followed by other (47.5%) and small (25%) farmers. At the pooled level, 26.7 per cent of the farmers are being operated at CRS, 63 per cent at VRS and 32.5 per cent of the farmers are either performed at the optimum scale or were close to the optimum scale (farms having scale efficiency values equal to or more than 0.90). Nearly 58, 15 and 28 percents of the farmers in the marginal farms category were found operating in the region of increasing, decreasing and constant returns respectively. Compared to marginal farmers category, there are less number of farmers operating at CRS both in small farmers category (15%) and other farmers category (22.5%). At the pooled level, only 5 per cent of the farmers are operating at DRS, majority of the farmers (73%) are operating at IRS and only 22 per cent of the farmers are operating at CRS indicating efficient utilization of credit. The log-linear regression model fitted to analyze the major determinants of credit utilization (technical) efficiency of farmer-borrowers revealed that, the three variables viz., cost of cultivation and family expenditure (both negatively influencing at 1% significant level) and family income (positively influencing at 1% significant level) are the major determinants of credit utilization efficiency across all the selected farmers categories and at pooled level. The analysis further indicate that, escalation in the cost of cultivation of crop enterprises in the region, rise in family expenditure and prior indebtedness of the farmers are showing adverse influence on the credit utilization efficiency of the farmer-borrowers.

• Journal of Internet Computing and Services
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• v.15 no.2
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• pp.33-39
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• 2014

How to transfer spatial data from server to client in wireless broadcasting environment is shown as following: A server arranges data information that client wants and transfers data by one-dimensional array for broadcasting cycle. Client listens data transferred by the server and returns resulted value only to server. Recently number of users using location-based services is increasing alongside number of objects, and data volume is changing into large amount. Large volume of data in wireless broadcasting environment may increase query time of client. Therefore, we propose Client based Data Scheduling (CDS) for efficient data scheduling in wireless broadcasting environment. CDS divides map and then calculates total sum of objects for each grid by considering number of objects and data size within divided grids. It carries out data scheduling by applying hot-cold method considering total data size of objects for each grid and number of client. It's proved that CDS reduces average query processing time for client compared to existing method.