• Journal of the Korean Geographical Society
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• v.28 no.3
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• pp.200-212
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• 1993

Wholesaling is important industry that is remarkable by the function and characteristics of city. This paper aims at examing the recent changes in hierarchy of cities and city classifi-cation by wholesale activities in Korea. In order to grasp the stydy purpose, this paper is to analuze the changes of categories by wholesale industry, and to grasp the change in the city classification with city hierachy of wholesale sales in 1968, 1979, and 1991. The data were obtained from the statistics in the Census of Wholesale and Retail Trade published by the National Statistical Office, in 1969, 1981, and 1992. As the result of examination, the following finding were obtained: 1. Wholesaling has developed form that of production and consumption goods wholesale, especially 'Wholesaling of Farm Products, Foods and Beverages' to that of investment goods that is 'Wholesaling of Machinery and Equipment' and 'Wholesaling of Transport Equipment and Parts'. 2. Wholesaling has developed in the medium and small cities in 1970's, and in the larger cities in 1980's. And the concentration ratio of six larger cities were lower than another cities in terms of wholesale sales, especially Seoul and Pusan. 3. Recently with income increment and a purchasing power, city classification was changed by the increasing number of wholesale establi-shments of 'Automotive Parts and Tyres' in 1970's and of 'Office, Computing and Accounting Machines and Motor Vehicles' in 1980's.

• Journal of Arbitration Studies
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• v.19 no.1
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• pp.45-65
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• 2009

China and Taiwan had opened complete Three Linkages era December 2008, in the 59 years. The improvement of two countries' relationship is expecting to spur two countries more on the economy exchange. However the increasement of investment and trade between two countries will increase disputes to ratio. In order to settle the disputes related to economy between two countries, the most favorite way is to use arbitral system which involve less public power. After China and Taiwan recognized this point, they announced provisions which allow to solve controversies through the arbitration between parties of two countries since 1980, and prepared legal basis for dispute settlement between two countries. However, because China and Taiwan do not authorize each party as a country, the execution application made by each party based on New York Convention related to foreign arbitral awards cannot be approved. Because of these kind of reasons China and Taiwan should agree in order to guarantee mutual execution of arbitral awards which is an ultimate purpose of arbitration. However because of the political situation of two countries there are provisions related to execution for arbitral awards decided by each party. In this paper, I separated the provision related to mutual execution for arbitral awards of each party of China and Taiwan, examined exposed problems, and suggested ways to improve. It can support some of assistance and implication to establish basis of arbitral system between South Korea and North Korea and to suggest direction to derive through this kind of study.

• KDI Journal of Economic Policy
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• v.14 no.4
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• pp.63-77
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• 1992

This paper examined interactions between stock price and key macroeconomic variables over the period of 1975-1992. It has been found that more than 60% of real stock price changes can be well explained by movements in key macroeconomic variables, particularly in net exports and industrial production. On the other hand, real stock price changes were found to have a significant explanatory power for plant and equipment investments for the sample period of 1975-1985 during which the stock market was stable. In contrast, no significant linkage between stock price changes and investments emerged over the subsample period of 1986-92 despite the sharp expansion of the stock market in terms of trade volume. Based on such findings, two major policy implications were derived; (i) the government's intervention in the stock market to stabilize stock prices would be ineffective unless the stable economic growth supports the market fundamental, and (ii) the stock price stability is a precondition for the stock market to play a key role in mobilizing resources to finance the firm's long-term capital.

• The Journal of Society for e-Business Studies
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• v.24 no.4
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• pp.109-118
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• 2019

As a result of the United States (U.S) -China trade conflict, the recent instability of the stock market has led many people to invest in Bitcoin, a commodity that many previous studies have interpreted as a safe asset. However, recent Bitcoin market price fluctuations suggest that the asset's stability stems from speculative purchasing trends. Therefore, classifying the characteristics of Bitcoin assets can be an important reference point in analyzing relevant accounting information. To determine whether Bitcoin is a safe asset, this study analyzed the correlation between Bitcoin and economic indicators to verify whether gold and Bitcoin responded similarly in time series analyses. These show that the regression explanatory power between the price of gold and bitcoin is low, thus no relation between the two assets could be drawn. Additionally, the Granger causality analyses of six individual economic variables and Bitcoin did not establish any notable causality. This can be interpreted that short-term price fluctuations have a significant impact on the nature of Bitcoin as an asset.

• Proceedings of the Korea Institute of Fire Science and Engineering Conference
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• 2002.11a
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• pp.280-287
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• 2002

Most Technological laws of Korea are almost identical to those of Japan. Electricity was not introduced to Korea until lighting ceremony in Kyong-Bok palace observed in 1887. Since Korea was annexed to Japan in 1910, Korea have applied Japanese law and regulations made by Chosun government-general. And public works were under Japan control. Korea accepted adopted the power plants of America, codes of NESC, ASME / ANSI, MEMA while Japan accepted or adopted only IEC. Our generation distribution system takes American style while our consumer side takes Japanese style. As global trade system was transferred GATT into WTO, the technological standards, certification, construction and testing are in harmony internationally. The WTO / TBT agreement came in effect after 12th, April, 1979. The sections in the agreement require the members to exchange their own standards and codes for the harmonized ones by degree. The Korean distribution system has a strong resemblance to American system so that the internal engineers are confused in application of the relevant standards. IEC60364 and NEC are technologically similar but practically unconvertible because both have their different originality, that is to say Europe and USA. This paper deals with the fundamental elements of electrical safety system on review of IEC 60364 and NEC. This paper considers how engineers should apply IEC60364 and NFPA 70(NEC) based on all-the-way review of them.

• Journal of Arbitration Studies
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• v.22 no.3
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• pp.119-139
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• 2012

In the case of Banque Paribas V. Banco Santander in England for the reimbursement request of deferred payment credit by the nominated bank, the L/C-issuing bank refused to pay the proceeds at maturity because of a fraudulent transaction. The reason of refusal was that the nominated bank, Banco Santander, had no right of payment in deferred credit before its maturity if it made payment of proceeds without notice to the issuing bank, that is, payment not based upon a credit transaction but on its own account. However, in the case of ADIB V. Fortis Bank in America, the New York court made the decision that the deferred payment bank could not refuse to reimburse to the nominated bank, Fortis Bank, because of fraud. Its decision was based on the UCP600. We have analyzed and investigated the above two cases-one was an English court's decision and the other an American's. The English court's decision was made under UCP500, but the American court's was made under UCP600, which was revised in 2007. As a result, we can expect that from now on in deferred payment credit transactions, the power of the nominated bank will be greater than before, but the issuing bank will bear the risk of the beneficiary's fraud, so the issuing bank will be hesitant to issue deferred payment credit. Notwithstanding, we thought that the New York court decision would come into effect in the activation of deferred payment credit in practical trade transactions.

• Transactions of the KSME C: Technology and Education
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• v.1 no.2
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• pp.147-152
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• 2013

In this paper, we surveyed the opinion of MOTIE(Ministry of Trade, Industry and Energy) R&D PDs about what are the future promising industries and their mainly associated Ppuri-technologies. According to the survey result, the future technology trends are to shift the technologies beyond their own critical performance and dominate human-centered technologies through converging technologies. In particular, the 4 industries, personalized medical technology, intelligent and emotional-based system, solar power technology and flexible technology, are expected to be good perspective industries in the near future. In order to grow these industries, we need to develop the core Ppuri-technologies that are very closely related to the future main industries. More than all, Ppuri-technology acts as a leverage for the future promising industry and is expected to be the strong supporter in manufacturing infra.

• Journal of the Korean Electrochemical Society
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• v.9 no.4
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• pp.170-177
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• 2006

Optimum design of flow channel in the separation plate of Proton Exchange Membrane Fuel Cell is very prerequisite to reduce concentration over potential at high current region and remove the water generated in cathode effectively. In this paper, fully 3 dimensional computational model which solves anode and cathode flow fields simultaneously is developed in order to compare the performance of fuel cell with parallel and interdigitated flow channels. Oxygen and water concentration and pressure drop are calculated and i-V performance characteristics are compared between flows with two flow channels. Results show that performance of fuel cell with interdigitated flow channel is hi민or than that with parallel flow channel at high current region because hydrogen and oxygen in interdigitated flow channel are transported to catalyst layer effectively due to strong convective transport through gas diffusion layer but pressure drop is larger than that in parallel flow channel. Therefore Trade-off between power gain and pressure loss should be considered in design of fuel cell with interdigitated flow channel.

• Transactions of the Korean Society of Automotive Engineers
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• v.22 no.3
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• pp.179-185
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• 2014

Average temperature and temperature uniformity in a battery cell are the important criteria of the thermal management of the battery pack for hybrid electric vehicles and electric vehicles (HEVs and EVs) because high power with large size cell is used for the battery pack. Thus, liquid cooling system is generally applied for the HEV/EV battery pack. The liquid cooling system is made of multiple cooling plates with coolant flow paths. The cooling plates are inserted between the battery cells to reject the heat from batteries to coolant. In this study, the cooling plate with U-shaped coolant flow paths is considered to evaluate the effects of coolant flow condition on the cooling performance of the system. The counter flow and parallel flow set up is compared and the effect of flow rate is evaluated using CFD tool (FLUENT). The number of counter-flows and flow rate are changed and the effect on the cooling performance including average temperature, differential temperature, and standard deviation of temperature are investigated. The results show that the parallel flow has better cooling performance compared with counter flow and it is also found that the coolant flow rate should be chosen with the consideration of trade-off between the cooling performance and pressure drop.

• Korean Journal of Organic Agriculture
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• v.17 no.3
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• pp.307-326
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• 2009

The present study suggests a concept of resources circulation type agriculture and a concept of a livestock zone related to it and evaluated economical efficiency about a possibility of the resources circulation type livestock zone based on the concept. As a result, when the resources circulation type livestock zone is operated in an area of 1,300ha, it was evaluated that the profit of 11,244 hundred thousand won per year is generated, compared to the conventional agriculture. When light and heat expenses and roughage of Hanwoo production, production of TMR forage as well as income of the energy and composting business of livestock manure at the recycling center were considered in addition to that, it was judged that the present zone development bushiness has enough business feasibility. However, it is necessary that the support regulations, etc. is constructed so that all produced compost byproducts are used at farmhouses and the system related to facility investment assurance and assistance of operating expenses is maintained. It is thought that the complement of a system is also necessary so that energy or power generation expenses can be operated in the same conditions as other new & renewable energy, and the nation's purchase of carbon credits(CDM) is investigated and systemized in the early period, and construction of a revitalization plan of the business through budget securing of the Ministry of Agriculture and Forestry related to the trade of CDM and carbon emission rights is also a business that should be urgently developed. In the future, the change of an outside environment will further promote use of the energy. Also, as people, who don't know agriculture. farm village, increase day by day because of population concentration in a city, an opportunity that can new added value through experience tourism or educational programs utilizing them is increasing. Accordingly, if programs utilizing social characteristics, such as utilization as a space of tourism. leisure. experience, system construction of bio-energy and system construction that Micro Grid or Smart Grid as a dispersed storage and generation system is stabilized, are constructed, it can be said that revitalization or success conditions of the zone is further achieved.