• The Journal of Fisheries Business Administration
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• v.29 no.2
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• pp.97-110
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• 1998

This paper tries to estimate Korea's import demand function for fisheries using cointegration analysis. The estimation function consists of one dependent variable-import quantity of fisheries(FTIW) and two independent variables-relative price(RP) between importable and domestic products and real income(GDP). As it has been empirically found out that almost all of time series of macro-variables such as GDP, price index are nonstationary, existing studies which ignore this fact need to be reexamined. Conventional econometric method can not analyze nonstationary time series in level. To perform the analysis, time series should be differenciated until stationarity is guaranteed. Unfortunately, the difference method removes the long run element of data, and so leads to difficulties of interpretation. But according to new developed econometric theory, cointegration approach could solve these problems. Therefore this paper proceeds the estimation on the basis of cointegration analysis, because the quartly variables from 1988 to 1997 used in the model is found out to be nonstationary. The estimation results show that all of the variables are statistically significant. Therefore Korea's import demand for fisheries has been strongly affected by the variation of real income and the relative price.

• Korean Business Review
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• v.2
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• pp.141-169
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• 1989

Most of the theories of collective bargaining outcomes start with a set of economic variables. The economic constraints, pressures, and incentives influence the bargaining power relationship between labor union and employer. In this paper, the critical macro and micro economic variables that need to be considered in analyzing the economic context of collective bargaining power relationship is outlined. The focus is on the role that economic forces play in shaping the results of bargaining, that is the outcome of negotiations. In this study, the elasticity of the demand for labor is introduced as one of the most important economic aspects that influence bargaining power. Unions will be most successful in increasing wages when they enjoy an inelastic demand for labor. If the demand for labor is not naturally inelastic, some institutional arrangement for "taking wages out of competition" must be sought. Inflation, business cycle, and income policy are influential in shaping both parties' goals and expectations as well. In addition to the analysis of the economic variables, the nature of power is diagonized with some introductory notions about its care and feeding before proceeding to the details of the above issues.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.20 no.10
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• pp.3361-3370
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• 1996

Micro-Macro approach is conducted for the mixture solidification to handle the closely linked phenomena of microscopic solute redistribution and macroscopic solidification behavior. For this purpose, present work combines the efficiency of mixture theory for macro part and the capability of microscopic analysis of two-phase model for micro part. The micro part of present study is verified by comparison with experiment of Al-4.9 mass% Cu alloy. The effect of back diffusion on the macroscopic variables such as temperature and liquid concentration, is appreciable. The effect, however, is considerable on the mixture concentration and eutectic fraction which are indices of macro and micro segregation, respectively. According to the diffusion time, the behavior near the cooling wall where relatively rapid solidification permits short solutal diffusion time, approaches Scheil equation limit and inner part approaches lever rule limit.

• Advances in aircraft and spacecraft science
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• v.10 no.1
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• pp.83-106
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• 2023

In this work, the static behavior of FGM macro and nano-plates under thermomechanical loading. Equilibrium equations are determined by using virtual work principle and local and non-local theory. The novelty of the current model is using a new displacement field with four variables and a warping function considering the effect of shear. Through this analysis, the considered sandwich FGM macro and nanoplates are a homogeneous core and P-FGM faces, homogeneous faces and an E-FGM core and finally P-FGM faces and an E-FGM core. The analytical solution is obtained by using Navier method. The model is verified with previous published works by other models and very close results are obtained within maximum 1% deviation. The numerical results are performed to present the influence of the various parameters such as, geometric ratios, material index as well as the scale parameters are investigated. The present model can be applicable for sandwich FG plates used in nuclear, aero-space, marine, civil and mechanical applications.

• Proceedings of the Korean Society of Machine Tool Engineers Conference
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• 1997.10a
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• pp.31-36
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• 1997

Thermal expansion of the ball screw in semi-closed loop type CNC Lathe directly affects the position precision along the travel axis. In this paper, the thermal displacement of the ball screw is estimated by using macro variables. The estimated displacements of the ball screw are managed by calculating the interval of pitch error rate in the NC. The thermal behaviour of the ball screw of the CNC Lathe, under the constant operating conditions, was measured to examine the effectiveness of this compensation method. The results showed that thermal displacement of the ball screw could be maintained its accuracy better than 6${\mu}{\textrm}{m}$ while applying this method.

• Journal of the Korean Society of Manufacturing Technology Engineers
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• v.8 no.1
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• pp.45-51
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• 1999

Thermal expansion of the ball screw can directly affect the accuracy of positioning along the travel axis in the semi-closed loop type CNC Lathe. In this paper, use of MACRO variables can make the thermal displacement of the ball screw estimated. Also, the estimated displacements of the ball screw are controlled by calculating the interval of pitch error rate in the Numerical Control(NC). Under the constant operating conditions, the thermal expansion of the ball screw was measured to confirm the effectiveness of the compensation method in the CNC Lathe. By using this method the results show that the thermal displacement of the ball screw could be reduced to 20% compared with ordinary method.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.22 no.4
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• pp.228-234
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• 2021

Real estate market participants need to have a sense of predicting real estate prices in decision-making. Commonly used methodologies, such as regression analysis, ARIMA, and VAR, have limitations in predicting the value of an asset, which fluctuates due to unknown variables. Therefore, to mitigate the limitations, an artificial neural was is used to predict the price trend of apartments in Seoul, the hottest real estate market in South Korea. For artificial neural network learning, the learning model is designed with 12 variables, which are divided into macro and micro factors. The study was conducted in three ways: (Ed note: What is the difference between case 1 and 2? Is case 1 micro factors?)CASE1 with macro factors, CASE2 with macro factors, and CASE3 with the combination of both factors. As a result, CASE1 and CASE2 show 87.5% predictive accuracy during the two-year experiment, and CASE3 shows 95.8%. This study defines various factors affecting apartment prices in macro and microscopic terms. The study also proposes an artificial network technique in predicting the price trend of apartments and analyzes its effectiveness. Therefore, it is expected that the recently developed learning technique can be applied to the real estate industry, enabling more efficient decision-making by market participants.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.6
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• pp.39-46
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• 2020

Playing an important role in developing the economy and overall developments of the country, commercial banks have to be aware of their crucial presence in order to perform well and contribute significantly. At the same time, as a place to receive deposits, banks are required to be in safe situations to avoid bankruptcy or deal with financial crises. This research seeks to identify the determinants of Capital Adequacy Ratio and Banks' performance as well as the relationship between these two dependent variables. The paper uses 128 observations of 16 Vietnamese commercial banks during the period from 2010 to 2017, with two simultaneous dependent variables CAR and ROE, and independent variables including Return on Assets, Tobin Q, Credit growth, GDP growth, Equity to Deposits, Loans to Deposits, Bank size, Cost to Income, Liquidity risk, Provision for Loan loss ratio, Non-performing loans and Inflation. The results reveal that Capital Adequacy Ratio and Banks' Performance have statistically significant relationship and Credit growth, GDP growth, Equity-to-Deposit ratio and Cost-to-Income ratio all have significant effects on two dependent variables. The findings of this study suggest that commercial banks should control the respective elements in order to maintain adequate level of capital and also create effective performance.

• Journal of Distribution Science
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• v.12 no.8
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• pp.103-112
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• 2014

Purpose - There have been local government systems since June 1955. Many local governments have made use of festivals for regional public relations and the achievement of competitiveness. This study analyzes effective components of local festivals. There has been extensive research in relation to variables such as participation motivation, satisfaction level, recall intention, royalty, and recommend purpose. However, as a variable factor, attachment to the participation motivation of a festival has been overlooked along with support level to a festival. This study has added new variables named "attachment to local society" and "support level," which are dependent variables. We will study the relationship of these two variables. Research design, data, and methodology - This study has devised a cause-and-effect relationship model, which deduces that local residents' participation motivation for the festival will have positive influence on the festival support level and satisfaction level. We circulated questionnaires to local residents to get the data required to prove the hypothesis. To analysis the data, we used SPSS 21.0, and accomplished basic analysis through the analysis of frequency as well as descriptive statistical analysis. Further, we verified our measurement tools through reliability analysis, and examined the research hypothesis through multiple regression analysis. Results - With regard to the festival satisfaction level, the variables of local society attachment, festival attraction, escaping from the daily life, and family harmony have influence upon a positive effect (+) in this order. Among them, the variable of local society attachment has the greatest influence. However, in respect of support level for the festival, only the variables of local society attachment and escaping from the daily life have a valid influence on the positive effect (+), and local society attachment has relatively greater influence. In addition, not only does the festival satisfaction level affect the support level for the festival in terms of positive effect, the influence is also far-reaching, which verifies the mediating effect. Conclusions - The result shows that the local residents' satisfaction level with the Yudalsan Mountain Spring Flower Festival is comparatively high, which is due to the local society attachment. It also shows that it is difficult to create support without local residents' attachment with their area. Consequently, this study insists that the Yudalsan Mountain Spring Flower Festival should exceed its limitation as just a village-level party, in order to become a remarkable and outstanding festival, and suggests three operational implications: macro-environmental development, task environment development, and internal operational environmental development. From the macro-environmental perspective, the constant development of local culture and local business is proposed. In the task environment perspective, a new functional development for the festival is proposed. From the internal operational environmental perspective, improvements in festival operation methods are proposed. If these weak points are addressed and resolved through a more detailed approach, it will be very helpful for local government systems to operate the festival.

• Korean Journal of Health Education and Promotion
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• v.31 no.1
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• pp.71-83
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• 2014

Objectives: This study examined the trend of alcohol-related research, with a specific focus on adolescent problem drinking, to provide evidence for prevention and intervention for adolescent alcohol problems and alcohol policy in Korea. Methods: A total of 17 studies examining adolescent problem drinking were included for meta-analysis. Using CMA (Comprehensive Meta-Analysis) 2.0, the effect sizes of correlation coefficients of variables related to adolescent problem drinking were analyzed. Results: 176 variables were extracted under 4 higher categories and 20 sub-categories. Variables were extracted using the four higher categories, namely individual, family, environmental, and demographics, as the theoretical framework. Results showed that most studies on adolescent problem drinking focused mostly on individual factors followed by family factors. Variables including drinking motivation, drinking expectancy, and peer relations showed relatively higher effect size. Conclusions: Study findings suggest the importance of balance between individual and environmental factors in examining problem drinking among adolescents. In order to provide evidence for alcohol policy, more attention should be given to macro environment that are known to influence adolescent drinking.