• KDI Journal of Economic Policy
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• v.14 no.3
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• pp.3-21
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• 1992

By localizing the production of core parts and intermediate goods previously imported from Japan, Korean firms have been striving to increase their market share and profit in the final goods market in which Japanese firms are dominating. Korean producers' efforts, however, have often been thwarted by Japanese suppliers' "strategic" behavior. This competitive strategy involves Japanese exporters supplying parts and intermediate goods at very high prices until Korean firms must locally develop them, and then setting the prices far below the previous level so that the profitability of localization is dramatically reduced, or even means a loss for the Korean manufacturer. This paper intends to explain the strategic behavior of Japanese firms through the concepts of strategic interactions and joint economies. Strategic interactions can be aggressive or accommodating depending on whether competitors are dealing with strategic substitutes or complements. Joint economies exist in multi-stage competition when competition in the previous state favorably influences "profits" of the ensuing stage. Competiton between Korean and Japanese firms (a two-stage game involving production and technology rivalries) can be characterized by joint economies and strategic substitutes: joint economies since technological improvement results in more profits in the production stage; and strategic substitutes since an increase in marginal profits of one firm brings about a decrease in marginal profits of the other in a duopolitic production stage. This implies that the flood of "low price" Japense substitutes is an almost "natural" phenomenon in the context of the duopolistic market described in this paper. In the technology competition stage, on the other hand, technology development and technology transfer can be either strategic complements or substitutes. This implies that, in typical comparative static analyses, the effect of changes in exogenous variables cannot be expected a priori. Thus it becomes very difficult to determine the desirability of applying various policy measures such as countervailing duties, R&D subsidies, and creating demand for localized products. For these reasons, it is indeed likely that the measures suggested as means of circumventing the strategic behavior of Japanese firms (and enhancing technological development of Korean firms) may not work.

• 대한치주과학회:학술대회논문집
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• 2007.11a
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• pp.29-30
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• 2007

• Magazine of the Korea Concrete Institute
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• v.12 no.6
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• pp.53-62
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• 2000

• Food Industry And Nutrition
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• v.2 no.1
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• pp.1-6
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• 1997

• Food Industry And Nutrition
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• v.5 no.2
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• pp.60-64
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• 2000

• The monthly packaging world
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• s.313
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• pp.85-89
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• 2019

• Korean Journal of Materials Research
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• v.16 no.5
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• pp.336-340
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• 2006

Fluorspar has been essential flux in steelmaking process. The main effects of fluorspar addition are lowering of the viscosity and melting temperature of slag. In recent years, due to the increasing price and environmental problem of fluorspar, various types of fluorspar substitute have been investigated. In this study, iron oxide by-products such as sinter dust, basic oxygen furnace (BOF) sludge and mill scale were developed as a substitute in terms of waste recycling. Several plant trials were carried out by addition of briquetted substitutes of $4{\sim}6$ kg/ton to compare with the fluorspar of $0.7{\sim}1$ kg/ton. The substitutes showed a similar behavior of slag formation, phosphorus removal and MgO saturation content.

• Korean Journal of Human Ecology
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• v.3 no.2
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• pp.47-57
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• 2000

We study on the housewives'social contribution through their household labor. By the method of literature review, we discuss about the housewives'social roles, their negative problems and the private and public efforts to solve the problems, and ultimate direction to the solutions. We find their four roles-Invisible labors In this capitalist society. consumers without any sovereignty, substitutes for incomplete social welfare system and agents to develop and sustain the social network. A few solutions which they have found out or the Korean society has devised are not enough. The utmost and ultimate solutions should include the housewives'autonomy. subjectivity and community.

• Journal of the Korean Association of Oral and Maxillofacial Surgeons
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• v.46 no.3
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• pp.211-217
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• 2020

In patients with insufficient bone height and width, the successful placement of dental implants is difficult with regards to maintaining an ideal pathway and avoiding important anatomical structures. Vertical and/or horizontal ridge augmentation may be necessary using various bone substitute materials and bone graft procedures. However, effective one-wall reconstruction has been challenging due to its poor blood supply and insufficient graft stability. In this paper, the authors summarize current evidence-based literature based on the author's clinical experience. Regarding bone substitutes, it is advantageous for clinicians to select the types of bone substitutes including autogenous bone. The most important consideration is to minimize complications through principle-based ridge augmentation surgery. Ridge augmentation should be decided with complete consent of the patients due to the possible disadvantages of surgery, complications, and unpredictable prognosis.

• East Asian Economic Review
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• v.21 no.1
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• pp.81-100
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• 2017

This study measures the degree of dollarization in North Korea using results from a survey of 231 North Korean refugees. Specifically, we compare foreign currency use of households as both store-of-value substitutes (i.e., asset substitution) and transaction substitutes (i.e., currency substitution) before and after the confiscatory currency reform of 2009. The degree of dollarization has advanced since the currency reform in terms of both asset and currency substitutions. Survey results also indicate that the Chinese yuan is frequently used in the Sino-North Korean border area, whereas the US dollar is predominantly used in non-border areas. Furthermore, foreign currency increasingly serves as a medium of exchange not only for large transactions but also for smaller transactions, such as food purchases.