The objective of this study was to compare the feeding effects of imported timothy hay, domestic Italian ryegrass silage (IRGS) and IRG dried by hot-air dry system (IRGHDS) under basic total mixed ration (bTMR) on rumination activity, milk production, and milk composition in lactating dairy cows. Eighteen Holstein dairy cows were divided into three groups: control (bTMR + imported timothy hay), treatment 1 (bTMR + IRGS) and treatment 2 (TMR + IRGHDS) groups. The study was conducted over a total period of 24 days, including a 10 days adaptation period and a 14 days main experimental period. The results indicate body weight was not significantly different between the three groups (p>0.05), and rumination time was significantly higher in the treatment 1 group compared with the control group (p<0.001). Milk fat, protein, and lactose were not significantly different between the three groups (p>0.05), however, somatic cell counts were significantly lower in the treatment 1 group compared with the control group (p<0.001). As a result of the economic feasibility analysis, it is expected that feeding TMR using IRGS and IRGHDS will increase profit by 402.8 won/day and 331.4 won/day per cow compared to imported timothy hay. Therefore, IRGS and IRGHDS can be used as substitutes for imported timothy hay in feeding lactating dairy cows.

The purpose of this study is to estimate the economic value of boat fishing experience marine tourism activity in Jeju Island’s Chagwido. The economic value is estimated as consumer surplus using count data models including the truncated Poisson model and the truncated negative binominal distribution model. This study collects the effective 504 questionnaires from boat fishing experience tourists in Jeju Island’s Chagwido. The truncated negative binominal distribution model was statistically more suitable and valid than other models. The truncated negative binominal distribution model was applied to estimate consumer surplus as economic value from boat fishing experience tourism activity in Jeju Island’s Chagwido. A consumer surplus value per trip was estimated as about 209,900 won. The annual economic value from boat fishing experience tourism activity was estimated as 273,700 won in Jeju Island’s Chagwido. Consequently, boat fishing experience marine tourism activity has a very large economic value in Jeju Island.

The purpose of this study is to implement and develop the integrated Economic Value Added (EVA) and Time-Driven Activity-Based Costing (TDABC) model to seek both improvement of Net Operating Profit Less Adjusted Tax (NOPLAT) and reduction of Capital Charge (CC). Net Operating Profit Less Adjusted Tax (NOPLAT) can be maximized by reducing the indirect cost of an unused resource capacity increased by Cost Capacity Ratio (CCR) of TDABC. On the other hand, Capital Charge (CC) can be minimized by improving the efficiency of Invested Capital (IC) considered by Weighted Average Cost of Capital (WACC) of EVA. In addition, the integrated system of TDABC using Balance Scorecard (BSC) and EVA is developed by linking between the lagging indicators and the three leading indicators. The three leading indicators include customer, internal process and growth and learning perspectives whereas the lagging indicator includes NOPLAT and CC in terms of financial perspective. When the Critical Success Factor (CSF) of BSC is cascading as a cause and an effect relationship, time driver of TDABC and capital driver of EVA can be used efficiently as Key Performance Indicator (KPI) of BSC. For a better understanding of the proposed EVA/TDABC model and BSC/EVA/TDABC model, numerical examples are derived from this paper. From the proposed model, the time driver of TDABC and the capital driver of EVA are known to lessen indirect cost from comprehensive income statement when increasing the efficiency of operating IC from the statement of financial position with unified KPI cascading of aligned BSC CSFs.

최근 서비스 산업이 성장하면서 창업활동이 매우 활성화되고 있다. 창업활동은 경제에 새로운 활력을 불어넣어준다는 측면에서 경제성장에 긍정적인 영향을 미친다고 알려져 있지만 어떤 과정을 통해 경제성장률을 제고시키는지에 대한 연구는 매우 부족한 실정이다. 이에 본 연구에서는 금융시스템의 발전단계에 따라 창업활동이 경제성장에 미치는 영향이 어떻게 달라지는지 분석하였다. 분석대상을 고소득 국가군과 중간소득 국가군으로 구분하여 실증 분석한 결과 창업활동은 모든 분석 국가집단에서 경제성장에 유의한 양(+)의 영향을 미치는 것으로 나타났다. 한편, 금융시스템의 발전단계를 고려한 분석결과에 따르면, 고소득 국가군에서는 창업활동이 시장 중심 금융시스템의 발달과 연계하여 경제성장에 영향을 미치고 있었지만 중간소득 국가군에서는 은행 중심 금융시스템과 상호작용하여 경제성장에 영향을 미치는 것으로 나타났다. 하지만 금융시스템의 발전단계와의 상호작용변수의 추정계수는 유의한 음(-)의 값을 보였다. 이러한 결과는 창업활동이 경제성장에 미치는 긍정적인 효과가 금융시스템의 발전에 의해 오히려 약화된다는 것을 의미한다. 따라서 기존의 금융시스템 외에 창업활동을 지원하는 금융 서비스를 정책적으로 강화하는 것이 매우 중요하다고 여겨진다. 그러나 장기적인 관점에서 정책적으로 직접적인 창업자금을 조달하기보다는 시장을 이용한 자본조달 시스템을 강화하는 한편 창업 실패에 대한 안전장치를 마련하는 등의 추가적인 조치를 취하는 것이 바람직할 것이다.

This study aims to investigate the effects of restrictions in economic activity on the spread of COVID-19 in the Philippines. This research employs daily time-series data of confirmed new COVID-19 cases, Apple mobility trends (i.e., use of public transport to destinations, volume of people driving, and amount of walking to destinations) and Google community mobility (i.e., visits to transit stations, visits to workplaces, and staying-at-home) indicators covering the period February 17 to September 11, 2020. The analysis starts by establishing the correlation pattern of new confirmed COVID-19 daily infections to each independent variable. The results show negative linear correlation of the number of new COVID-19 daily infections with less visit to transit station, increase stay-at-home, less use of public transport, and less amount of walking to destinations. Interestingly, the number of new COVID-19 daily infections indicates some form of positive linear correlation with visits to workplaces and volume of people driving. Moreover, employing robust least square regression via the method of MM-estimation, major findings reveal that across mobility measures, staying-at-home has the highest impact on reducing the spread of COVID-19, followed by visiting transit stations less, less use of public transport, less amount of walking, and less workplace visits.

Purpose - This study aims to analyze the effects of the social support on the economic activities from the Korean Chinese residing in Korea. Particularly, this paper focuses on the consequence of the economic activity intention according to the three kinds of social support. Research design, data, and methodology - For the statistics process of data collected by this survey, SPSS 19 statistics package program was used through data-coding and data-cleaning processes to analyze the data in this study. Results - This hypothesis was selected partially. As a result of investigating hypotheses in detail, Hypothesis 1-2 was significant as shown in the significance level 0.1, and when the emotional support was regarded important, the will of economic activities was also higher. Hypothesis 1-2 was found to be meaningful with the significance level of 0.05, and when the social support was regarded important, the will of economic activities was also higher. Lastly, Hypothesis 1-3 was found to not be statistically significant. Conclusions - The results of this study are expected to be used as basic data for vitalization of the Korean Chinese’ economic activities and governmental support for it, and to be a guideline in preparing successful strategies for expansion of the Korean Chinese’ economic activities in the future by applying these results.

The objective of this study was determined to evaluate α-amylase, α-glucosidase, pancreatic lipase inhibition in vitro and DPPH radical scavenging activity of the several Korean resources plants. The α-amylase inhibitory activity of Salicornia herbacea, Erythronium japonicum (flower) and Phragmites communis (root) in water extract showed relatively high 62.8%, 66.5% and 69.3%, respectively. The α-amylase inhibitory activity of Citrus junos (pericarp) and Cornus officinalis in methanol extract was found to have an effect with 32.8% in Citrus junos (pericarp) and 60.9% in Cornus officinalis. Corylopsis coreana in both water and methanol extract had the highest α-glucosidase inhibitory activity of 81.7% and 89.5%, while the extract of Portulaca oleracea, Ficus carica and Citrus junos was not measured α-glucosidase inhibitory activity at given experiment concentration. Depending on the extraction solvent and the plant species, it was observed that there was a significant difference in α-glucosidase inhibitory activity. The pancreatic lipase inhibitory activity showed relatively higher in the methanol extract than water extract except pericarp of Citrus junos. The DPPH radical scavenging activity of selected plants was much difference between measured plant species, and showed that the increase was proportional to the concentration. These results suggested that selected plants had the potent biological activity on carbohydrate, lipid Inhibitory activity and antioxidant activity, therefore these plant resources could be a good materials to develop medicinal preparations, nutraceuticals or health functional foods for diabetes or obesity.

The antioxidant potential and enzyme activities in Salicornia herbacea, Corylopsis coreana, Erythronium japonicum, Phragmites communis, Momordica Charantia, Nelumbo nucifera, Salvia plebeia, Portulaca oleracea, Ficus carica, Citrus junos and Cornus officinalis were determined. Their antioxidant activities were measured using DPPH radical scavenging and nitrite scavenging activity. Enzyme activities in investigated plants were evaluated as superoxide dismutase (SOD), catalase (CAT), peroxidase (POD), and ascorbate peroxidase (APX). The DPPH scavenging rate from 100 to 2500 mgL-1 was the highest in the flower of Corylopsis coreana. However, it was not detected in most of the samples at concentration below 100 mgL-1. The nitrite scavenging activity according to each kind of resource plants was significantly higher in the stem of Corylopsis coreana and leaf of Nelumbo nucifera. The root extract of Erythronium japonicum had the highest SOD enzyme activity of 94.0% while leaf of Salvia plebeia showed the lowest SOD enzyme activity of 30.4%. The activity of CAT and APX showed higher values in the stem of Corylopsis coreana, root of Erythronium japonicum and root of Phragmites communis in comparison with other plants. The activity of POD showed significantly high values in stem of Corylopsis coreana, Momordica Charantia and pericarp of Citrus junos extracts. The antioxidant enzyme activities differ significantly in different plants. In conclusion, we showed that Corylopsis coreana, Erythronium japonicum Cornus officinalis, and Momordica Charantia had the potent biological activities. Therefore, these plant resources showing antioxidant activity could be good materials for development of source of functional healthy food.

최근 노인 학대 인식의 날을 맞이하여 보건복지부는 1년간 전국의 65세 이상 노인 6745명을 대상으로 학대실태조사를 하였다. 결과를 보면, 전체 노인의 14%가 학대를 받은 경험이 있었으며, 그 중 정서 학대가 67%, 방임이 22%, 경제적 학대가 4.3%로 나타나 노인 문제에 대한 국가 차원에서의 관심이 필요한 것으로 나타났다. 이에 따라 본 연구에서는 노인들을 대상으로 신체활동 유무·부적 정서·경제적 수준과 정신건강간의 관계를 살펴보고자 한다. 수도권에 거주하는 65세 이상의 남녀 142명으로부터 얻은 자료를 토대로 타당도, 신뢰도, 카이제곱, Pearson 상관관계, 위계적 회귀분석을 실시하여 다음과 같은 결론을 얻었다. 신체활동 무 보다는 신체활동 유에서 간이정신진단검사-90-개정판의 9가지 요인들과 유의한 상관관계가 더 많이 나타났으며, 경제수준과 불안과는 부적상관, 부적정서와 신체화, 대인예민증, 우울증, 불안, 적대감, 편집증, 전체심도지수는 정적 상관이 있는 것으로 나타났다. 정신건강수준을 알 수 있는 변수들 간 상대적 영향력에 대한 평가에서는 부적정서, 신체활동유무, 경제수준 순으로 영향을 미치는 것으로 나타났다. 이상의 연구결과를 볼 때, 노인들의 정신건강을 위해서는 일상생활 속에서 느끼는 부적정서를 최소화하고 신체활동 권장을 통하여 스트레스, 불안, 고독감, 외로움 등을 해소할 수 있는 생활환경을 조성하는 것이 필요하다.

Sustainable development has been the key concept, both in economic policies and in environmental management. On the basis of an systems ecology perspective, this study suggests the sustainable development of Korea's natural environment and economic activity using the EMERGY evaluation. The total EMERGY use(7,730 E20sej/yr) in Korea is 81 percent from imported sources, fuels and goods and services. The ratio of outside investment to attracting natural resources is already large, like other industrialized countries. Continued availability of purchased inputs at a favorable balance of EMERGY trade, currently about 2.85 to 1 net EMERGY, is the basis for present economic activity and must decrease as the net EMERGY of purchased inputs including fossil fuels goes down. EMERGY yield ratio and environmental loading ratio were 1.23 and 20.30, respectively. The population level is already in excess of carrying capacity. Its carrying capacity for steady state on its renewable sources is only 2.2 million people, compared to 45.9 million in 1997. EMERGY sustainability index is therefore less than one, which is indicative of highly developed consumer oriented economies. Until now the development of a country has been achieved by the economic growth, but it can be sustained in the long run by the use of renewable resource systems, the efficiency of energy usage, and the transformation of the social-economic structure based on an ecological-recycling concept.