• 한국사회정책
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• v.25 no.3
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• pp.175-208
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• 2018

The purpose of this article is to evaluate Korea's income-led growth policy that is still in dispute. To do this, I discussed the content, background and implications of the income-led growth theory. Next, I discussed the role of income-led growth as a growth strategy in the Korean economy. The income-led growth theory comes from the Keynesian tradition which emphasizes the role of demand in the economic growth. The basic idea emerged nearly 80 years ago, and the current model emerged about 30 years ago. Some of the Korean researchers began to pay attention to this issue when ILO researchers discussed it in 2010. The recent emphasis on income-led growth theory was due to the tendency of declining labor income, thus forming a consensus that increasing inequality can hamper growth. The effectiveness of the income-led growth strategy, which can lead to economic growth by increasing the share of labor income, is theoretically and empirically controversial. However, it is understandable why income-led growth strategies have emerged. Income-led growth is not a short-term strategy nor a key of growth strategy. However, in current socio economic structures, the prescriptions of income-led growth theory is meaningful in that it enables sustainable growth by making the economic system healthy. In addition, unlike the West, the government's welfare expenditure can play a significant role as part of the income-led growth prescriptions in Korea.

• The Proceeding of the Korean Institute of Electromagnetic Engineering and Science
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• v.18 no.2 s.62
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• pp.20-28
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• 2007

IT 산업은 1990년대 이후 우리나라의 경제 성장을 선도해 온 주력 산업이다. 그러나 최근 들어 일본, 중국 등 경쟁 국가의 경제 성장과 국내 내수 산업의 침체 등 IT 산업의 위기론이 제기되고 있어 IT 분야의 새로운 성장 동력의 개발이 필요하다. 이러한 상황 속에서 전파 산업은 새로운 성장 동력을 창출해 낼 수 있는 주력 분야로 주목 받고 있다. 본 논문에서는 IT 산업에서 전파 산업이 차지하고 있는 위상 등을 경제적 파급 효과 분석을 통해 가늠해 보고 전파 산업 활성화를 위해 필요한 정책적 사항을 제언한다.

• LP가스
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• s.69
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• pp.53-58
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• 2000

중국의 경제성장 속도가 급류를 타고 있다. 이러한 경제성장 속도에 비례해 에너지 소비도 급격하게 늘어나고 있는 추세다. 그러나 경제성장은 환경오염이라는 부작용을 함께 동반한다. 최근 중국은 자동차매연으로 인한 대기오염 등 심각한 환경오염에 처해 있으며 경제성장과 환경보고라는 두가지 압력을 받고 있다. 그 자구책의 일환으로 중국정부는 청정연료인 LPG의 보급에 가속 페달을 달았다. LPG는 단순 취사뿐 아니라 난방 수송 산업용 등 각 분야에서 수요가 늘어날 것으로 전망되고 있다. 최근 일본 도쿄에서 열린 '아시아 LP가스 세미나'에서 중국 건설부 도시건설국의 류하명, 남경시 액화석유가스공사 석성무씨가 발표한 내용을 번역, 게재한다.

• International Area Studies Review
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• v.15 no.3
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• pp.285-306
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• 2011

This paper analyzed the effects the regional competitiveness index on the characteristics of the regional growth. This study divides the regions in the US based on the static and dynamic standard of income for the characteristics of the regional growth. The results of the analysis are as follows. First some regions such as Alaska, Connecticut, Maryland, Massachusetts, Virginia, Washington and Wyoming have higher levels of SCI and both the rate of growth and per capita income than the national average. These are considered prosperous regions based on their high level of SCI. Second, in regards to the relation between the income level and regional competitiveness index for the regional growth, the variables such as human resource, science technology, business incubation, openness, safety and environmental policy are significant. Third, infrastructure, human resource, science technology and openness are the significant variables concerning the relation between the rate of income growth and regional competitiveness index for the regional growth.

• The Journal of the Korea Contents Association
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• v.11 no.1
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• pp.329-339
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• 2011

This study aims at investigating how English proficiency affects economic development of a country by analyzing the relationships among English proficiency, economic activities (amount of trade, R&D investment, etc), and the rate of economic growth, focusing on twenty-one non-English-speaking OECD countries. Ordinary Least Square (OLS) and Seemingly Unrelated Regression Estimation (SURE) were used for the data analysis in the study. The findings reveals that there existed little statistical significance to support the fact that English proficiency was directly related to the economic development in a positive way in many countries except Mexico, the Czech Republic, Finland, and Poland. However, English proficiency indirectly influenced the economic development in the way of increasing the amount of trade. These results can lead to the conclusion that English proficiency is not a sufficient element but a necessary one. Furthermore, it is expected that English proficiency can positively affect the economic development when it plays a part as sufficient complementary goods which make up for physical capital, technology accumulation, political stability, and worthy government.

• KDI Journal of Economic Policy
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• v.30 no.1
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• pp.33-70
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• 2008

This paper examines sources of growth of Korea's economy for the period from 1980 to 2005, based on both primal and dual growth accounting methodology employed by Young (1995) and Hsieh (2002). Also, this paper evaluates post-crisis growth performance of Korea, using cross-country comparison of growth accounting results and cross-country regressions. Main results of this paper are as follows. First, the growth slowdown after the crisis has been mainly driven by the slowdown of per worker capital accumulation. By contrast, the estimated TFPG of Korea for the period from 2001 to 2005 seems higher than, or at least roughly comparable to, the estimated TFPG in the pre-crisis period of 1991-1995. In theses respects, there were no substantial differences between the results obtained from primal and dual growth accounting methodology. Second, the cross-country regressions revealthat post-crisis growth slowdown of the Korea's economy can be largely attributed to world growth slowdown (decade effect) and East Asia-specific effects. In particular, it was found that the noticeable decelerationin per worker capital accumulation can be mostly attributed to some unknown factors which commonly affected East Asian countries. Viewed from an international perspective, the lowered post-crisis per worker GDP growth rate, as well as per-worker capital growth, which triggered concerns and debates in varying contexts, still seems respectable. So, the slowdown in capital accumulation is likely to be mainly a story of spectacularly high rate of capital accumulation in the pre-crisis period, not a story of 'weak' investment after the crisis.

• Journal of Technology Innovation
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• v.31 no.2
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• pp.59-82
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• 2023

The purpose of this research is to conduct the empirical analysis of the short- and long-term causal relationship between public R&D investment, corporate R&D investment, and university R&D investment on economic growth in Korea. To this end, based on the time series data from 1976 to 2020, a causality test was conducted through the unit root test, cointegration test, and vector error correction model (VECM). As a result, it was found that there is a long-run equilibrium relationship between economic growth in Korea, public R&D investment, corporate R&D investment, and university R&D investment, in which a causal relationship exists in the long run. Also, while public R&D investment has a short-term effect on economic growth, corporate and university R&D investment does not have a short-term effect on economic growth. In addition, the results shows that there is a bidirectional causal relationship between economic growth and public R&D investment, corporate R&D investment and public R&D investment, and university R&D investment and public R&D investment in the short term. Through this research, it was empirically found that a highly mutual relationship exists between public R&D investment, corporate R&D investment, university R&D investment and economic growth. In order to increase the ripple effect of R&D investment on economic growth in the future, R&D investment between universities and corporations should be mutually promoted, and R&D investment by corporations should have a positive effect on public R&D investment so that public R&D investment can contribute to future economic growth.

• 한국벤처창업학회:학술대회논문집
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• 2021.11a
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• pp.27-32
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• 2021

정부는 더불어 잘사는 경제, 성장의 과실이 국민 모두에게 골고루 돌아가는 경제를 국정과제로 제시하면서 역동적인 벤처창업 생태계를 만들기 위해 창의적인 벤처기업과 혁신적 창업자 육성을 중점 추진하고 있다. 정부의 다양한 노력에 힘입어 벤처투자금액 및 기술창업기업이 지속적으로 증가하는 등 벤처창업 생태계가 지속적으로 개선되고 있으나 COVID-19 이후 성장률이 급격히 낮아지고 청년층의 실업률이 급등하는 등 우리 경제는 저성장 국면이 장기화되고 있는 상황이다. 경제의 성장 활력을 증진시켜 부가 가치를 높이기 위해서 벤처창업기업의 혁신과 성장을 통한 일자리 창출이 당면과제로 부각되고 있고 특히 4차 산업혁명 환경에서 글로벌 경쟁력을 갖춘 혁신형기업의 중요성이 더욱 높아지고 있는 상황에서 우리 경제의 당면 과제인 성장잠재력 회복과 일자리 창출을 위해서는 기술 기반 중심의 벤처창업의 활성화가 가장 효과적인 방안으로 제시되고 있다. 본 연구에서는 벤처창업기업의 혁신과 성장을 위한 정부의 다양한 육성시책을 고찰하고 기술 기반 벤처창업기업의 생존과 성장, 및 일자리에 미치는 특성을 분석하였다. 또한 본 연구 결과를 바탕으로 벤처투자금액이 지속적으로 증가하고 있는 상황에서도 민간 금융기관 입장에서 벤처창업기업이 여전히 고(高)위험-저(低)수익 대상으로 여기고 있는 벤처투자시장의 구조적 문제점을 해결하기 위한 정책 대안을 제시하였다.

• Venture DIGEST
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• s.102
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• pp.10-11
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• 2007

2007년 우리 경제는 세계경제 둔화에 따른 수출증가세 하락과 내수둔화로 인해 4%대의 성장률을 기록할 전망이다. 거시경제정책은 부동산 시장 불안, 북한 핵사태, 대통령 선거 등 리스크 요인에 대비하면서 장기적인 성장잠재력 확충에 초점을 맞추어야 할 것이다.

• The Magazine for Energy Service Companies
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• s.60
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• pp.26-29
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• 2009

녹색성장은 저탄소 및 녹색산업화에 기반을 두고 경제성장력을 증대시키는 신성장 개념이다. $CO_2$ 발생량을 줄이고, 녹색기술, 친환경적 비즈니스를 신시장을 창출함으로써 경제성장의 원동력을 확보한다는 것이다. 이때 녹색산업이 투자 가치면에서 얼마큼 큰 부가가치를 발생할지는 예상하기 어렵지만, 단단한 시나리오를 준비하고 투자해나간다면 미래 성장원동력으로 자리할 것이다.