• Journal of the Korea Academia-Industrial cooperation Society
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• v.18 no.10
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• pp.588-596
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• 2017

Although many policy makers and scholars argue that foreign direct investment is crucial to the economic growth of developing countries, there is no universal agreement on the positive relationship between foreign direct investment inflows and economic growth. Using a cross-country analysis based on data from 88 countries for the years 1990-2015, this paper empirically explores the impact of FDI on economic growth. To this end, several versions of the neoclassical growth models, explicitly including FDI, are estimated. Subject to the appropriate caveats, the results provide further support for several key conclusions of former studies, including the inference that investment in physical capital, population growth, and human capital are important in accounting for economic growth across countries. The results show that FDI significantly contributes to economic growth in developing countries.

• Proceedings of the Korea Water Resources Association Conference
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• 2015.05a
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• pp.144-144
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• 2015

본 연구는 서울과 5대 광역시를 대상으로 (1) 과거추세가 연장되는 시나리오와 (2) 최근 활발하게 논의되고 있는 스마트 성장, 컴펙트 개발 등을 고려한 도시성장 시나리오를 전제로 미래의 토지이용의 변화를 예측하였다. 토지이용 변화 예측에는 로지스틱 회귀 분석을 기반으로 한 CLUE-s(Conservation of Land Use and its Effects at Small regional extent) 모형을 이용하였다. 토지이용 변화예측을 위해 WAMIS(WAter Management Information System)에서 제공하는 1975년부터 2000년까지의 5년 단위의 토지이용별 통계자료와 환경부에서 제공하는 2008년 토지이용도를 구축하였으며, 각 토지이용 항목은 총 6가지(시가지, 수역, 산림, 논, 밭, 초지)로 재분류하였다. 도시성장 시나리오는 지자체 조례에 따른 물리적 개발기준과 국토 환경성 평가 지도를 바탕으로 개발 제한 구역을 설정하고, 미래 인구변화와 토지수요 수요량 추정을 통해 미래 토지이용 변화 예측 시나리오를 구축하였다. 또한 도로망, 하천망과 유효 토심, 토양통 등을 고려한 토양 속성을 토지 피복 변화 예측을 위한 모형의 동적 요소(driving factor)로 대입하였다. 두 가지의 시나리오를 통해 미래 토지 이용 변화 예측결과 각 시나리오에 따라 확연히 다른 양상의 토지이용 변화 패턴을 보였다. 과거추세가 연장되는 시나리오에서는 물리적인 토지개발 기준 범위 내에서 무작위로 토지이용이 변화하며 시가지가 급속하게 성장하는 패턴을 보여주었다. 반면, 도시성장 시나리오를 전제로 하였을 경우 기존의 시가지와 연계하여 인근에 위치한 미개발지가 시가지로 변화하는 양상을 보였으며, 로그 추세로 증가 혹은 감소하는 패턴에 따라 변화폭이 줄어들며 종래에는 각 토지이용의 변화량이 0%로 수렴하는 모습을 보였다. 토지이용 변화 비율은 두 가지 시나리오 모두 주로 산지와 농지가 감소하고 시가지가 증가하는 모습을 보였다. 본 연구를 통해 구축한 미래 토지이용 변화 시나리오는 수문생태계에 큰 영향을 주는 지표의 변화에 대해 회귀분석을 기반으로 정량적인 예측을 가능케 함으로써 기후변화 시나리오 등 다양한 미래 예측 시나리오와의 접목을 통해 미래 수자원 예측 연구에 활용도를 높일 수 있을 것이라 기대한다.

• KDI Journal of Economic Policy
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• v.36 no.1
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• pp.107-126
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• 2014

The core of the neoclassical growth theory is the capital investment. Solow proposed that the diminishing return is key to such growth process in establishing the stability of the equilibrium growth path. This key postulation has critical implications on the sustainable and effective development policies, emphasizing the importance of productivity growth not only for the steady-state growth but also for the transitional growth from capital accumulation. This paper suggests a novel way to test the diminishing return, the backbone assumption of Solow model, and confirms its strong presence using the Penn World Tables version 8.0 data, hence validates Solow's implications on effective development policies.

• 사회경제평론
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• no.38
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• pp.51-83
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• 2012

Consider an n goods production economy. Assume the equilibrium condition of Sraffa's price system, a balanced growth condition and the goods market clearing conditions. If both equations are given to determine a real wage rate and investment, the economic system is over-determined. It suggests that there exists no long-period equilibrium to satisfy both labor market and goods market conditions. This paper interprets this situation of over-determinacy as a disequilibrium state, and attempts to solve it through disequilibrium dynamics. It constructs a model of accumulation and real wage rates consistent with Lotka-Volterra system, and shows that the overall growth path fluctuates endogenously around a resting point of long-period disequilibrium.

• The Korean Journal of Applied Statistics
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• v.25 no.1
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• pp.89-99
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• 2012

This study investigates the Granger-causality between economic growth and demand for electricity in Korea, using two quarterly time-series data (real GDP and electricity consumption) for 1970:Q1 through 2009:Q4. We apply Hsiao's sequential procedure to identify a vector autoregressive model to a decision of the optimal lags in the vector error-correction model because the two time-series data contain unit roots respectively and they are cointegrated. According to the empirical results in this study, we find that Hsiao's approach to the Granger-causality indicates a bidirectional causal relation between economic growth and demand for electricity in Korea. Following the Granger and Engle's approach, we also find the statistical evidence on (1) short-run bidirectional causality between real GDP and electricity consumption, (2) bidirectional strong causality between them, and (3) long-run unidirectional causality running from demand for electricity to economic growth. Our results show an inconsistency with the existing studies on Korea's case; however, the results appear to provide more meaningful policy implications for the Korean economy and its strategy of sustainable growth.

• Convergence Security Journal
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• v.12 no.3
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• pp.115-121
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• 2012

Software failure time presented in the literature exhibit either constant, monotonic increasing or monotonic decreasing. For data analysis of software reliability model, data scale tools of trend analysis are developed. The methods of trend analysis are arithmetic mean test and Laplace trend test. Trend analysis only offers information of outline content. In this paper, we discuss forecasting failure time case of failure time censoring. In this study, we predict the future failure time by using the curve regression analysis where the s-curve, growth, and Logistic model is used. The proposed prediction method analysis used failure time for the prediction of this model. Model selection using the coefficient of determination and the mean square error were presented for effective comparison.

• Survey Research
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• v.18 no.4
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• pp.25-59
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• 2017

The current study investigated how elderly husbands and wives' marital satisfaction and depression change over time and examined how changes in marital satisfaction account for changes in depression between and within the dyads. The longitudinal dyadic data from the first wave(2006) to the fifth wave(2014) of the Korean Longitudinal Study of Aging(KLoSA), collected by the Korea Employment Information Service, were used for the analyses. Because husbands and wives are interdependent within couples, we applied statistical models for dyadic data. The dyadic growth model(DGM) was used to model the trajectories of marital satisfaction and depressive symptoms. In order to analyze the association of these growth factors, we proposed the dyadic growth actor-partner interdependence model(DG-APIM) and applied the model to the data. The results showed that on average the husbands' marital satisfaction was higher but decreased faster over the course of the study than the wives'. It also showed that the average depression of the husbands was lower than that of the wives but the husbands' depression increased faster than the wives' over the course of the study. The variance of the averages of husbands' (wives's) depression was accounted for by that of wives'(husbands') marital satisfaction, showing a partner effect. The variance of the slopes of husbands'(wives') depression was accounted for by that of marital satisfaction of themselves, showing an actor effect. The results showed that there is a longitudinal interdependence between husbands and wives' marital satisfaction and depression and supported the marital discord model of depression.

• Journal of Environmental Policy
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• v.2 no.1
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• pp.77-86
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• 2003

Particle-size distributions (PSDs) are widely used for the estimation of soil hydraulic properties. The objective of this study was to select the best model among the nine PSD models with different underlying assumptions, by using a variety of Korean soils. The Fredlund model with four parameters, the logistic growth curve, and Weibull distribution model showed the highest performance compared to the other models with the majority of soils studied. It was interesting to find that the logistic growth function with no fitting parameters showed a great fitting performance.

• Tunnel and Underground Space
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• v.10 no.3
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• pp.301-308
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• 2000

Non-linear behavior of rock under compression can be predicted by a crack model. Crack growth in rock renders rock anisotropic. The degree of anisotropy is explained in terms of elastic moduli as a function of load level. In this study, we calculate the changes of elastic moduli due to crack growth numerically by using a crack model and compare these values with experimental results obtained from the measurement of ultrasonic wave velocities. Image processing technique is used to obtain the initial crack information needed for the numerical calculation of elastic moduli.

• Proceedings of the Korean Society for Rock Mechanics Conference
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• 2000.09a
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• pp.47-55
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• 2000

Non-linear behavior of rock under compression can be predicted by a crack model. Crack growth in rock renders rock anisotropic. The degree of anisotropy is explained in terms of elastic moduli as a function of load level. In this study, we calculate the changes of elastic moduli due to crack growth numerically by using a crack model and compare these values with experimental results obtained from the measurement of ultrasonic wave velocities. Image processing technique is used to obtain the initial crack information needed for the numerical calculation of elastic moduli.