• Title/Summary/Keyword: technical change

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Structural Breaks, Manufacturing Revolutions, and Economic Catch-up: Empirical Validation of Historical Evidence from South Korea

  • SALAHUDDIN, Taseer;YULEK, Murat A.
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.1
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    • pp.13-24
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    • 2022
  • The main goal of this study is to look at how South Korea can catch up to the rest of the world through policy-driven structural change and manufacturing revolutions. To achieve the objective, this study used annual data on real exports and real GDP from the World Development Indicator WDI of South Korea for the period 1960 to 2019. The study's goal is to use econometrics to detect this policy-driven structural change trend. Multiple nonlinear Granger causality test was used to accomplish this. The findings revealed structural breaks and nonlinearities in the dynamic link between South Korea's real GDP and real exports. Furthermore, results also show evidence of multiple structural breaks in South Korean data. South Korea's economic catch-up was the result of a constant reevaluation of industrial policies, readjustment, and structural change to constantly explore and utilize comparative advantage, realizing economies of scale at the global level, and reallocating and redistribution of resources towards productive sectors with high value-added output, according to econometric analysis. If South Korea would have not done this structural change this miracle to escape the middle-income trap would not have been possible. These findings support the descriptive evidence of structural change in favor of manufacturing revolutions and value addition industry development in South Korea.

Comparison of Efficiency and Productivity Change, and Shadow Prices of Pollutant in Chinese and Korean Manufacturing Industries (한·중 제조업의 효율성, 생산성 변화와 오염잠재가격 비교)

  • Kang, Sang-Mok;Jeong, Jong-Pil;Lee, Keunjae;Song, Guojun
    • Environmental and Resource Economics Review
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    • v.18 no.2
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    • pp.241-277
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    • 2009
  • The purpose of this paper is to compare technical efficiencies and productivities without and with environmental constraints, and shadow prices of $SO_x$ in Korean and Chinese industries. The technical efficiencies without and with environment in Chinese manufacturing industries are higher than those in Korean manufacturing industries for 2000-2004. Most of individual Chinese manufacturing dominate those of Korean manufacturing in levels of technical efficiency. In terms of productivity changes excluding environmental constraints, the rates of annual growth in Korean and Chinese industries show 1.13 percent and 2.73 percent respectively. But Korean industry in productivity changes considering $SO_x$ reduction shows 2.41 percent, higher rate of growth than 1.58 percent of Chinese industry. In the shadow prices of $SO_x$, the reduction of an additional unit of $SO_x$ in the Korean manufacturing needs a decrease of 1.473 unit of output, while the shadow price of $SO_x$ in Chinese manufacturing is 0.0049, close to zero. Korean manufacturing should be specialized in higher sectors of technical efficiency and productivity and be also kept efficient in pollution abatement cost.

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Competitiveness and Export Performance in Korean Manufacturing Enterprises : Focusing on the Comparison of Conglomerates and SMEs (국내 제조기업의 경쟁력과 수출: 대기업과 중소기업의 비교를 중심으로)

  • Lee, Dong-Joo
    • Korea Trade Review
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    • v.43 no.3
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    • pp.1-26
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    • 2018
  • This study estimates the technical efficiency and total factor productivity(TFP) of and analyzes the relationship between TFP and exports for Korean manufacturing companies from 2000 to 2016. Specially, TFP is decomposed into Technical Change(TC), Technical Efficiency Change (TEC), and Sale Effect(SE), and compared between large and small enterprises. First, in the case of technical efficiency, the Korean economy has been very vulnerable to external shocks, such as the sharp decline following the 2008 financial crisis. The efficiency of the electronics, automobile, and machinery sectors is low and needs to be improved. In addition, the technological efficiency of large enterprises is higher than that of SMEs in most manufacturing sub-sectors except for non-ferrous metals. In the case of TFP, most changes are due to TC, and the effective combination of labor, capital and the effect of scale have little effect, suggesting that improvement of internal structure is urgent. In addition, volatility due to the impact of the financial crisis in 2008 was much larger in SMEs than in large companies, so external economic impacts are more greater for SMEs than large enterprises. The relationship between TFP decomposition factors and exports shows that TC has a positive effect only on exports of SMEs. Therefore, in order to increase exports, in the case of SMEs, R&D support to promote technological development is needed. In the case of large companies, it is necessary to establish differentiated strategies for each export market, competitor company, and item to link efficiency and scale effect of exports.

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An Intensification Plan of Technical Competitive strength in Domestic Construction Engineering Company (건설엔지니어링업체의 기술경쟁력 강화방안)

  • Park Hwan Pyo;Lee Kyo Sun;Ji Sang Wuk;Park Sang Hun
    • Korean Journal of Construction Engineering and Management
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    • v.3 no.3 s.11
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    • pp.66-74
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    • 2002
  • The Cost of Engineering is composed of the $3{\~}5{\%}$ of total cost of construction. It is important the role of engineering in the first stage of the business. But, it was not more the technical level of domestic design stage than advanced state. Expecially, it was because of the cognition lack and unreliable results about technical development. The result of that, it was lacking to the draw results of foreign countries. And it was to waste national budget through overlapped adopting of similar technologies from abroad that few projects are performed as their original plan. Therefore, the research is proposed to the intensification plan of technical competitive strength in domestic construction engineering company to cope with the change of economic environment.

A Study on the Application of Spatial Information Standards to Existing Technical Regulations (기존 기술기준의 공간정보 표준 적용연구)

  • Ko, Jae-Yong;Kim, Young-Wook;Kim, Eun-Hyung
    • Journal of Cadastre & Land InformatiX
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    • v.47 no.2
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    • pp.121-133
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    • 2017
  • Technical regulations in the spatial information domain have been developed by a variety of independent organizations and raised inconsistent and overlapping problems with spatial information standards. Many research projects have been done to solve these problems but due to the difficulty of changing or modifying existing administrative regulations, almost nothing has happened for the harmonization. As a response to the fundamental problem, KATS (Korean Agency for Technology and Standards) recently switched the existing system to "trans- governmental participatory standard operation system" and the administrative change created an independent and consistent standard system in the Ministry of Land, Infrastructure and Transport. The Ministry, as a part of the effort, established its own KSDI(Korean Spatial Data Infrastructure) Standard system. From this context this paper presents a redefinition of technical regulation for the harmonization with spatial information standards, an association model between the standards and regulations, and a maintenance methodology to solve the fore-mentioned problems.

Physical and Physiological Properties of Isomaltooligosaccharides and Fructooligosaccharides (이소말토올리고당과 프락토올리고당의 물리적 성질 및 생리학적 특성)

  • Kim, Jeong-Ryul;Yook, Cheol;Kwon, Hyuk-Kon;Hong, Sung-Yong;Park, Chan-Koo;Park, Kyung-Ho
    • Korean Journal of Food Science and Technology
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    • v.27 no.2
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    • pp.170-175
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    • 1995
  • Physical and physiological properties of isomaltooligosaccaride (IMO), fructooligosaccharide (FO) and sucrose were investigated. The viscosity and moisture retention power of IMO were similar to those of FO. IMO had an excellent heat and pH stability compared with FO and sucrose. To investigate the effect of oligosaccharides on the growth of mice, each sample was administered orally to mice for 2 weeks. Weight change, moisture content of feces, weight of appendix and the ratio of Bifidobacterium to total microorganisms in the feces were examined. There were no significant differences in the weight increases and the efficiency of feeds. Moisture content of feces was highest in the IMO feeding group, and IMO promoted selectively the growth of Bifidobacterium. On the other hand, FO group showed bigger cecum than other groups.

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INTUMESCENT INORGANIC AND ORGANIC COATINGS

  • Kodolov, V.I.;Mikhalkina, T.M.;Shuklin, S.G.;Bystrov, S.G.;Larionov, K.I.
    • Proceedings of the Korea Institute of Fire Science and Engineering Conference
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    • 1997.11a
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    • pp.130-137
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    • 1997
  • Intumescent inorganic and organic coatings which dintr one from the other by the type of gas formers and the mechanisms of foam formation have been obtained and investigated. Inorganic intumescent coatings are the compositions based on water glass and mineral additives with different dispersity. Mineral additives contain adsorbed and absorbed water and carbonates which are destructed with the carbon dioxide and water evolution during the flame action on coating. The decreasing of mineral additives particle sizes under the mechanical milling with the fraction precipitation promotes the foam coke formation with less defects. Here the main structure of comparing compositions does not change. In organic coatings based on epoxy-polymers the polyammonium phosphate additive is used. It is the cabonization catalyst and the foam agent. The polyammonium phosphate of various dispersity employed is uniformly distributed on the polymeric matrix. The decreasing of the particle sizes leads to the increasing of the fire resistant properties of the intumescent coa-ting. The fire resistant analysis of the coating during more than an hour: the coating back side the temperature on plastic or wooden materials does not exceed 423K, and on metal-573K.

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Influence of complex geological structure on horizontal well productivity of coalbed methane

  • Qin, Bing;Shi, Zhan-Shan;Sun, Wei-Ji;Liang, Bing;Hao, Jian-Feng
    • Geomechanics and Engineering
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    • v.29 no.2
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    • pp.145-154
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    • 2022
  • Complex geological conditions have a great influence on the mining of coalbed methane (CBM), which affects the extraction efficiency of CBM. This investigation analyzed the complicated geological conditions in the Liujia CBM block of Fuxin. A geological model of heterogeneities CBM reservoirs was established to study the influence of strike direction of igneous rocks and fault structures on horizontal well layout. Subsequently, the dual-porosity and dual-permeability mathematical model was established, which considers the dynamic changes of porosity and permeability caused by gas adsorption, desorption, pressure change. The results show that the production curve is in good agreement with the actual by considering gas seepage in matrix pores in the model. Complicated geological structures affect the pressure expansion of horizontal wells, especially, the closer to the fault structure, the more significant the effect, the slower the pressure drop, and the smaller the desorption area. When the wellbore extends to the fault, the pressure expansion is blocked by the fault and the productivity is reduced. In the study area, the optimal distance to the fault is 70 m. When the horizontal wellbore is perpendicular to the direction of coal seam igneous rock, the productivity is higher than that of parallel igneous rock, and the horizontal well bore should be perpendicular to the cleat direction. However, the well length is limited due to the dense distribution of igneous rocks in the Liujia CBM block. Therefore, the horizontal well pumping in the study area should be arranged along the direction of igneous rock and parallel plane cleats. It is found that the larger the area surrounded by igneous rock, the more favorable the productivity. In summary, the reasonable layout of horizontal wells should make full use of the advantages of igneous rock, faults and other complex geological conditions to achieve the goal of high and stable production.

A Study on the Technical Change and Maternal Touch in Child Care (보육 산업의 발달과 아동의 모성접촉으로부터의 소외)

  • Kim, Sung-Hee
    • Korean Journal of Human Ecology
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    • v.19 no.6
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    • pp.933-943
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    • 2010
  • This study was carried out to investigate the effect of changes in child care technology on mother-child contact by using all sorts of literature such as diaries, documents or statistical data. Child care technologies began to change during the 1960's. Diverse goods and services such as baby dry milk, paper diapers and child care centers have made child care easier and saved a great deal of time. This has also allowed women to participate in labor markets easily despite rearing children. But maternal contact with children have declined due to new goods and services and this trend is especially prevalent in early childhood. It could be supported that the convenience of rearing rather than the needs of children like as attachment to maternity primarily was considered in technological change. From this results it was suggested that we should develop the alternative child care technologies which better reflect children's needs.

Die design for HIP'ing of Nickel-base Superalloys (초내열합금 HIP 성형을 위한 금형설계)

  • Lim J.S.;Yeom J.T.;Hou Bongliang;Park N.K.
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 2004.05a
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    • pp.139-142
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    • 2004
  • Nickel base superalloys are widely used for high temperature applications due to heat resisting capability and corrosion resistance at high temperatures. Superalloys with many strengthening alloying elements are frequently used in powder form to alleviate harmful effects of alloy segregation. HIP (hot isostatic pressing) and DB (diffusion bonding) as a form of solid-state bonding process is used to make turbine components, such as integrated turbine rotors. HIP/DB process requires many technical overcomes related to dimensional changes as well as microstructural control. In this research, HIP/DB process for nickel base superalloys, Udimet 720 and MM 247, were investigated with a view to control the dimensional change during the consolidation process. Simple disc-shaped cans were used to select the conceptual die design for the control of the dimensional change especially in radial direction. The change in the shape of consolidated shape was investigated using commercial FE code with constitutive equations fur low temperature plasticity deformation.

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