• The Korean Journal of Applied Statistics
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• v.27 no.1
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• pp.123-132
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• 2014

Inflation uncertainty is known to have deleterious effects on facilities investment by disturbing the corporate decision on the opportunity cost of investment. In this paper, we test the validity of this hypothesis in Korea by estimating the inflation uncertainty with both a time-varing parameter model with GARCH disturbances and the relative price volatility and then, estimate the facilities investment equation which includes those uncertainty indicators. The uncertainty indexes estimated by the above-mentioned methods continue to fluctuate even after the inflation rate has dropped dramatically reflecting the structural changes of Korea's economy since the financial crisis in 1997. As a result of estimation of the investment equation by both OLS and GMM, we find the inflation uncertainty has a negative effect on facilities investment with a statistical significance. Moreover, by means of Markov-switching regression model utilized to verify the non-linearity of this relationship, we draw a conclusion that this negative effect of inflation uncertainty heightens asymmetrically during the downturn periods of business cycle.

• Journal of Mushroom
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• v.9 no.4
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• pp.166-169
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• 2011

In this study we carried out to find suitable nutrient supplement of corncob as a main carbon source for bottle culture of oyster mushroom. Data from chemical analysis of Kapok seed cake(KP) treatment showed 20.2 of C/N ratio, $0.28g/cm^3$ of bulk density and 74.2% of porosity. Mushroom yield of KP treatment is 158g/bottle that is similar to control(150g/bottle). However, the price of KP is 400 won/kg that is cheaper than 550 won/kg of cotton seed cake(CS). The highest REV(relative feed value) also was observed KP treatment. A further study is required determine practical animal performance by feeding the corncob-based KP.

• Journal of the Korean Association of Geographic Information Studies
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• v.4 no.4
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• pp.29-38
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• 2001

This study addresses the topic of suitability analysis for helping with land use planning, which is one of important decision-making in urban planning, utilizing geographic information system. Covering the Kumi City before integrating with neighbor county, the site suitabilities for land uses, which are categorized into residential, commercial, industrial and green, were analyzed using the overlay method based upon the database constructed for this study. In the process, assessment criteria which include environmental factors and relative weights were determined and also the land use/cover map and NDVI map which were generated through satellite image processing were included in the database. The suitability maps by four function spaces were derived according to the grade and compared with the present land use state and the land use concept map of urban master plan. For more accurate analysis, practical developing plan, land price data, soil data should be included. Also if the demand estimation data by each land use had been added, the reliability of location allocation could have been raised.

• Culinary science and hospitality research
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• v.3
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• pp.271-289
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• 1997

The purpose of this study is to investigate previous data and possibility of the new culture building, insuring substantiality of the education in junior college, increasing of practical carrier, acquiring the money for practical class, and the direction of demand for education in a high level of industrial society. There's two parts to consist of investigation and the model case in wedding business in Junior college. The research groups in one part consist of 277 students in Junior college. The result were as follows: 1) The students would like to get the wedding business in new culture building. (72%) 2) The student shave got a idea to recommend to use the wedding facilities for their for their relative sand friends. (51%) 3) The trend of selecting in wedding facilities is outside than inside of facilities. (75%) 4) They would like to have the buffet service after wedding celemony, not a la carte for choose the meal. The above research data suggest that if the wedding facility's management would be accept, we could have expectation about development of junior college, emphasis of practical education and good wedding culture in this areas. For the most of student, they has a righ hand to manage the wedding facility in their college. First, the culinary students could have an experience of service practies to the customer in wedding celemony, as the result of training will be great. Second, the college could show their vision and hope to customer to interest it. Third, it can be supplied the right wedding culture and the wedding facilities which is low price and good circumstance for wedding. Fourth, it's very resonable to use the culture facilities during no class, Saturday and Sunday. Fifth, income from business can be used only a scholarship and a community development. Sixth, it can be induced the self-participication and motivation to take up a positive attitude for their life.

• Korean Journal of Construction Engineering and Management
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• v.4 no.4 s.16
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• pp.212-219
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• 2003

In construction project planning and control, a cost model performs a critical role such as cost determination on a contract stage and cost tracing. The model can maximize owner's profit and value within the project budget and optimize cost management works on overall construction implementation stages. A BoQ(Bill of Quantities) generally adopted in a unit price contract has been applied as an important tool for cost control and forecast. However a previous cost model based on the BoQ has shown limitations in that it requires too detailed information and heavy manpower on cost management and difficulty in keeping relationship with construction planning, scheduling and progress management. The each cost items and unit prices which constitute of construction works are individually very important management factors but the relative weight for each items and prices have a difference on the contents and conditions of each conditions of each construction works. In consideration of this structural mechanism of cost determination, this research is aimed at examining the critical factors affecting the construction cost determination and propose and verify a new cost forecasting model which is more simple and efficient and also keeps the accuracy of cost management.

• Journal of Korean Society of Forest Science
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• v.81 no.2
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• pp.124-138
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• 1992

This study was carried out to estimate long-term demand functions, and to project consumption of roundwood to the year 2030, using time series data for the period 1970-1990. Especially, the unique features of this study are in the estimation of demand functions for roundwood by species group and by end-use with help of dummy variables. It also, attempts to show how dummy variables can be utilized for improving the estimation result. The result of this study reveals that hardwood roundwood consumption is being substituted by softwood roundwood due to the rapid increase in the relative price of softwood, and this trend is expected to continue in the near future. The consumption of roundwood by mining industry is projected to fall as the coal :mining is expected to decline. The parametric estimates of timber demand function by species group and by end-use indicate that the demand for timber in Korea is more responsive to the performance of domestic economy as a whole, represented by GDP in this study, than to other variables such as own and substitute prices. The effects of population growth and substitute prices could not be determined.

• Journal of the Korea Convergence Society
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• v.6 no.4
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• pp.127-132
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• 2015

This study attempts to empirically investigate if relative momentum strategy is effective in the Korean stock market. The sample of the study is comprised of companies which are traded in both Kospi and Kosdaq stock markets in Korea for the period between 2001~2014. The study observes that the momentum strategy buying past winner stocks and selling past loser stocks is negatively correlated with the value strategy buying value stocks with high book to market ratio and selling glamour stocks with low book to market ratio. And each strategy is alternatively effective from period to period. The study demonstrates that the momentum strategy is effective when both strategies which are negatively correlated are treated as one system by estimating Fama and French's[1] 3 factor regression model.

• Journal of Korean Society of Rural Planning
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• v.22 no.4
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• pp.103-114
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• 2016

The global trade partners have been diversified and mixed in agricultural market, which is expended the international agri-food market through the Regional Trade Agreement and World Trade Organization, etc. The aim of this study is to derive influential factors for exports increases of agricultural products targeting to Association of South-East Asian Nations (ASEAN). We set the equation for agricultural products exports referred to panel gravity model considering panel fixed effect for controlling endogeneity within variables. The results of this study are the follows; (1) Social economic distance considering international oil price negatively affects in the mushroom model; (2) Korean GDP affects (-) in a mushroom model and (+) in a vegetable model, however, ASEAN's per capita GDP indicates opposite influence in the same model; (3) Relative exchange rate shows negative impact in a vegetable model; (4) The entry status into WTO and the status in force of FTA have converse effects in mushroom and vegetable model, respectively.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.23 no.2
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• pp.33-47
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• 2020

With population losses and stagnant or depressed economies, the local governments embrace shrinkage and accept having a significantly smaller population. Both the initial and ongoing causes of shrinkage hold dramatic effects on the city and its remaining residents. In this context, vacant land increases as an overabundance of unused infrastructure is demolished and municipalities become burdened with increasing maintenance costs of this land. The result is that vacant land often experiences minimal management relative to social norms and have chance to provide a setting for ecological processes with urban rightsizing strategy. Therefore, urban ecosystems undergo major shifts in structure and function. We need to better understand the possibilities of where and how much of houses and land will be abandoned to assist land planners and policymakers to mitigate conflict between optimal ecological and sociological outcomes. This article, therefore, aims to identify distributional characteristics of vacant houses and lands with case study of Mokpo. The study found and verified affecting factors of vacant houses and lands by type through the use of a Maxent model and spatial data that explained housing choice and preference theory. We can predict the vacancies with the spatial variables such as land price, the population ratio over 65, and the distance from security facility. Based on the analysis, the ways of managing housing and land vacancy for sustainable development and ecological restoration method are discussed.

• Proceedings of the Korean Society for Agricultural Machinery Conference
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• 1993.10a
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• pp.413-422
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• 1993

Air shipment affords the quickest possible delivery of horticultural products. The price of air shipped horticultural products are relatively high as most of these products are perishable. Usually the temperature in the cargo compartment is not controlled during flight. Thus, special attention should be paid to procooling prior to shipment. The environmental condition during transportation of horticultural products is an essential parameter for maintaining the quality of perishable products. Commonly horticultural products were loaded by ULD(Unit Load Devices) as a container or pallet in the aircraft (except for small aircraft) . Therefore, inside temperature of the container and cargo compartment came into question. Scarce literature on the relationship between environmental condition and quality changes of horticultural products during air shipment can be found. By the stand point of keeping fresh quality, investigations on the actual condition of air shipments were carried out to improve the technique during the distribution process of fresh horticultural products. Temperature, humidity, atmospheric pressure, carbon dioxide, ethylene, impacts, and changes in quality during the air shipment of snapbeans, okras and chrysanthemums were measured. Temperature was measured by recording thermometers, relative humidity by recording hygrometers, atmospheric pressure by a strain -guage type pressure sensor, carbon dioxide by testing tubes, ethylene by sampling bags and a gaschromatograph, impacts and vibrations by impact recorders and a 3D accelerometer. Relationships between environmental conditions and quality changes during air shipments were clarified. It was expected from investigations into actual shipments that the ventilation and insulation properties of air freight containers were related to the quality of agricultural products. Aircraft can no directly load and unload trucks into them. The transshipment is inclined to cause shocks and vibrations, and to invite damages within a short time.