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      • 産業組織과 産業內貿易의 聯關性에 관한 實證的 硏究

        金龍煥 全北産業大學校 産業經營硏究所 1993 産業經營硏究 Vol.1 No.-

        Inspite of their close connections, industrial organization theory and international economics have developed independently. In most traditional theories, including Ricardian and heckscher-Ohlin mode, international trade is generated between different indstries because of dissimlarity of factor endowments. However, recently new trade theories have been directed towards the model emphasizing economies of scale and product differentiation as origins of intra-industry trade. Because nowadays more and more international trade take place within the same industries as well as among different industries, and between countries with similar factor endowments. Specially, intra-industry trade grows among developed countries which are similar in factor endowments. Most researches on the intra-industry trade have been directed towards the trade among developed countries, and few have been done that among developing or underdeveloped countries. The primary purpose of this paper can be summarized as follows. (1) to identify the factors determining intra-industry trade by grouping explanatory variables in two sets such as industry concentration factor, entry barrier factor. (2) to analyze explanatary variables more important in Korea. The empirical findings from the analyses can be summarized as follws. (1) Variables which show the same signas the hypotheses suggest are economies of scale, research and development expenditure, the number of products in the industr. All variables except the variable called 'number of products' are significant at 5% level. (2) When determinants of intra industry trade are divided into two factors, empirical study shows that entry barrier fator is more important factor in determining intra-industry trade in korea. (3) Among the variables determining the intra-industry trade, it appears that economies of scale is the most important variable and the research and development expenditure is the next. As the income increases, intra industry trade which is mainly determined by industrial organization factors such as economies of scale, industry concentration ratio, research and development expenditure, grows much higher than the inter-industry trade. Nowadays, therefore, industrial organization factor is appearing as the most significant factor in international trade. Consequently, in counducting the trade policy, the effects of this factor on the intra-industry trade should be seriously considered.

      • 韓國의 實質煥率決定要因에 관한 分析

        崔東洙 全北産業大學校 産業經營硏究所 1993 産業經營硏究 Vol.1 No.-

        After the collapse of Bretton woods system, there have been many models presented to explain the volatility of exchange rates. but these models could not sufficiently interpretate the recent behavior of exchange rates and were constructed just for the purpose of explaining economic stituations of major industralized countries. the purpose of this paper investigate the determinants of the actual real exchange rates of korea by using data from 1980 to 1990. Main results obtained from the estimation are as follows. First, the terms of trade have affected real exchange rates negatively, but the tariffs, positively. Second, the negative relation between the ratio of goverment expenditure to GDP and the real exchange rate may suggest that Korean government has spent more expenditure on nontradable goods than on tradable goods. Third, the money increase rate turns out to be insignificant, but this should not to be too surpursing from the history of Korean monetary policies to stablize prices. Finally, the rates of nominal devaluation have been positive effect on real exchange rates. This provides some support for policy of nominal exchange rate determination for accomplishing real exchange rate realignment under real exchange rate misalignment. The following conclusion can be derived form above results. In the case of korea, real vairables are generally significant, but the nominable variable of the money increase rate in insignificant. Accordingly, the fluctuations of real exchange rates in the 1980's could not be of equilibrium phenomena, rater it might be the case that equilibrium real exchange rate itself fluctuates as real variables change.

      • 관광호텔 식음료부문의 메뉴개발 시스템 정립에 관한 연구

        심인보,채규현 全北産業大學校 産業經營硏究所 1997 産業經營硏究 Vol.5 No.-

        The study aims to menu developmet system uilding of the tourist hotel F&B those concerning menu planning and its analysis. This studyfocuses on evaluating the usefullness and necessity of menu profitability analysis in the F&B operations for successful management. At this time, many foodservice operators are concerned about the role and the importance of the menu because it determines the facilities and spaces required, It also determines the staff, type of service, and even nutritional factors which result from the kind of the menu selected. Therefore, to develop an effective menu which result in guest satisfaction and assures profit at the same thime, the author suggests the following. First, develop a analyzing method tailored to a given operation. Second, in the menu pricing system, it would e better to decide which method would fit in one's situation rather than be locked into only one method. Third, understand the limit of autimatization in the food and beverage business. Fourth, in the analsis of the menu, it is required that those data should be analized by precise material given through systemic business control rather than simple visual examnation. Lastly, take the results from menu analysis into practice.

      • 기업문화와 경영전략

        梁嘉鉉 全北産業大學校 産業經營硏究所 1993 産業經營硏究 Vol.1 No.-

        When the external business environments are taking radical change and enormous amount of informations pouring out continuously the abilities of external adaptation and internal integration of business companies are extraordinarily demanded to survive and advance themselves, for this reason it is quite necessary for organizations to be managed in total perspective rather than separating it into functional operations. The purpose of this study to approach the relationship between corporated culture and business strategy. Corporated culture should be managed strategically as was shown in the strong relationship between the corporated culture and characteristics. The corporate culture shaping factors are so complex that efforts for culture changes need full support from CEO's to be implemented successfully.

      • GMM을 이용한 통화론적 환율결정모형의 추정

        金美亨 全北産業大學校 産業經營硏究所 1997 産業經營硏究 Vol.5 No.-

        This Article attempts to forecast monthly won-dollar exchange rates using GMM. The study addresses several issues. The first issue is whether Bilson's monetary exchange rate model estimated with OLS and GMM outperforms a random walk model. The second one is whether the different exchange rate regimes such as the monetary basket system and the market average exchange rate system that is a floating exchange rate system with a daily exchange rate change limit influence the goodness-of-fit of the monetary model. The third one is whether the size of the daily exchange rate change limit causes the forecasting ability of the models to differ. The fourth one is whether the size of the estimation window affects the forecasting power. The sample period is from January 1970 through June 1996. The results can be summarized as follows. First, Bilson's monetary exchange rate model estimated with GMM outperforms a random walk model in out-of-sample forecasting power. The forecasting ability of the monetary model estimated with OLS is, however, confounding. It is better than random walk model in the criteria of MAE but worse in RMSE. Second, exchange rate volatility has significantly decreased after monetary exchange rate system has changed to market average exchange rate system. The monetary exchange rate model estimated with GMM, however, is a good statistical model in two different exchange rate regimes respectively. Third, the forecasting ability of the exchange rate model differs depending on the size of the daily exchange rate change limit. The bigger a change limit, the bigger a forecasting error based on RMSE and MAE. Most of time, the monetary model outperforms a random walk model. Fourth, extending the estimation period, the forecasting error increases. It indicated that the coefficients of the monetary model are time-variant.

      • 換率決定에 관한 理論的 考察

        李英植 全北産業大學校 産業經營硏究所 1993 産業經營硏究 Vol.1 No.-

        This paper eximines the two main views of exchange rate determination(that is, Asset market approach) that have evolved since the early 1970s: the monetary approach(in flexible-price, sticky-price, and real interest differential formulations) and the portfolio approach. Then eximines the empirical evidence on these models and conclude by speculating how the future research strategy is likely to develop. Thus this paper is organized as follows. Chapter one : Introduction. Chapter two : Theories of Exchange Rate Determination. Section one : Monetary Approach. Section two : Portfolio Balance Approach. Section three : Synthesis Model of Asset Market Approach. Chapter three : Empirical Evidence on Exchange Rate Models. Section one : Tests on Monetary Models. Section two : Tests on Portfolio Balance Models. Section three : Out - of - Sample Forecasting Performance of Exchange Rate Models. Chapter four : Result - New Directions -

      • 비지니스 프로세스 리엔지니어링(Business Process Reengineering)의 전략경영 측면에서의 역할

        梁嘉鉉 全北産業大學校 産業經營硏究所 1997 産業經營硏究 Vol.5 No.-

        Business Process Reengineering(BPR) was developed in leading western companies during 1990s that is recently being promoted as a new emerging management technique or tool among our corporation, especially "Cha-bul", and goverment authorities to improve adaptability of current rapidly changing business environment BPR refers to the radical, top-down strategic change project, that focus on process. This study describes the charater and scope of four types of process reengineering and their strategic concern with example. Reengineering aimed at core processes, or support processes converted the vertical function of old organizational structure into faster, more efficient, higher quality process that satisfy paticular customer needs such as cost and deliverly reliability. Covering processes that extend beyond the boundaries of single organization creates a powerful industry competencies due to the networked customer or supplies relationship. Reengineering of management processes also reengineering planning, organizing, controlling processes in entirely new ways. The purpose of this study is to try and seek roles of BPR in strategic management area, especilly how does it relate to strategy planning, competitive advantages and internal capability perspectives. This study concludes by outlining the BPR lies in the resources.

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