• Title/Summary/Keyword: 지역고정효과

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Multivariate Granger Causality between Regional R&D Investment and Regional Economic Variables (지역R&D투자와 지역경제지표 간 인과관계 분석)

  • Park, Chang-dae;Ahn, Seung-ku
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2017.11a
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    • pp.189-200
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    • 2017
  • 본 연구는 국내 지역R&D투자와 지역경제지표 간의 관계를 파악하기 위한 것이다. 연구 방법은 패널VECM을 사용하여 1995~2014년 국내 17개 시 도별 정부 및 민간R&D투자, 고정자본과 고용, 지역내총생산의 상호 간 장 단기 인과관계를 도출하였다. 분석결과, 단기적으로 GRDP의 원인변수는 고정자본, 고용, 그리고 민간R&D투자로 나타났다. 고정자본의 원인변수는 고용, 민간R&D투자로 나타났으며, 고용의 원인변수로는 GRDP와 고정자본으로 나타났다. 장기적으로 고용, 고정자본, 정부R&D투자가 다른 변수들의 장기균형관계로부터 각각 인과관계를 갖는 것으로 나타났다. 이와 같은 결과를 바탕으로 목적과 대상 그리고 시간의 흐름에 따라 지역R&D투자의 직 간접적 효과를 함께 고려할 수 있는 추가적인 분석이 요구된다.

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The Empirical Analysis on the Trade Creation Effect from the Joining EU of Central·Eastern European Countries (중·동유럽국들의 유럽연합(EU) 가입에 따른 무역창출효과 분석)

  • Kang, BoKyung
    • International Area Studies Review
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    • v.13 no.2
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    • pp.602-616
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    • 2009
  • EU and NAFTA which are huge regional economic blocs came out the world economy at the end of the twentieth century. It is the first that Europe has been trying to establish regional economic integration which is a revolutionary change to world economy. So that regional economic integration of Europe(European Union) has been improving to make a complete economic political integration. This paper analyzes trade creation effect for joining European Union(EU) of Central Eastern European countries with random effect estimation and fixed effect estimation. 12 Central Eastern European countries have become membership states of EU since 2004 is able to get 27.4% of trade increase effect on average between old and new membership countries one another as well as between new membership countries one another respectively. It is very important for some countries have a plan to affiliate to EU in the future to realize such a big effect if they are in.

The Regional Economic Growth Strategy Based on the Characteristics of Local Public Finance of Gyeonggi-do (경기도 재정력 변동의 특성에 따른 경제성장 전략 연구 -다양한 지역구분에 따른 실증분석-)

  • Park, Wan Kyu;Ji, Ann Cho;Song, Il Hwan
    • Journal of the Economic Geographical Society of Korea
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    • v.20 no.1
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    • pp.84-104
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    • 2017
  • In this study, we divided Gyeonggi-do into Northern, Southern, Western, and Eastern Parts and found out fiscal variables which affected regional economic growth of each Part differentially. And we drew the strategy for economic growth of each Part. After we found out the variables which affected regional economic growth using fixed-effect model, we carried out causality test to determine whether a specific fiscal variable caused economic growth. In the Eastern Part, local tax revenues had a significant effect on the economic growth. Total expenditures, current expenditure in the Southern Part and social welfare expenditure, expenditure on industries, current expenditure in the Northern Part had noticeable effects on economic growth respectively. And we calculated multipliers of fiscal variables to compare the magnitudes of effects among these Parts.

An Empirical Study on the Determinants of Economic Growth and Contribution in China (중국경제의 성장요인과 성장요인별 기여도에 관한 실증연구)

  • Kim, Jong-Sup
    • International Area Studies Review
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    • v.15 no.2
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    • pp.151-173
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    • 2011
  • The purpose of this paper is to examine the impact of production factors on economic growth in China during 1979~2008. In order to grasp the determinant and contribution analysis, we take fixed effect model and random effect model and Hausman test to choice model. The results show that the finance variable (rsav) and SOC variable (rsoc) have negative effects on the economic growth in the long run except some models. But unimproved raw labor variable (rlab), physical capital variable (rcap) and education variable (redu) shows strongly positive effect for the same time. We found the meaning of coefficients of growth factors. relative contribution of each input to per-capita growth in China. The direct elative contribution of physical investment to per-capita growth gives 35.9 percent in total model (TMO) and unimproved raw labor contributes only 4.7 percent. In all modes, physical investment (rcap) was the most important contributor of predicted growth in China economy.

The Long-Run Relationship between House Prices and Economic Fundamentals: Evidence from Korean Panel Data (주택가격과 기초경제여건의 장기 관계: 우리나라의 패널 자료를 이용하여)

  • Sim, Sunghoon
    • International Area Studies Review
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    • v.16 no.1
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    • pp.3-27
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    • 2012
  • This paper adopts recently developed panel unit root test that is cross-sectionally robust. Cointegration test is also used to find whether regional house prices are in line with gross regional domestic production (GRDP) in the long run in Korea during 1989-2009. Based on the panel VECM and the panel ARDL models, we examine causal relationships among the variables and estimate the long-run elasticity. We find evidence of cointegration and bidirectional causal relationships between regional house prices and GRDP. The results of long-run estimates, using both fixed effect and ARDL models, show that house prices positively and significantly influence on the GRDP and vice versa. Together with these results, the findings of ARDL-ECM imply that there exists a long-run equilibrium relationship between house prices and regional economic variables even if there is a possibility of short-run deviation from its long-run path.

Study on the Power Flux-Densities for HEO FSS in the 4 GHz and 11 GHz bands (4GHz 및 11GHz 대역에서 HEO FSS의 전력속밀도에 관한 연구)

  • 임상희;성향숙
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.28 no.10A
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    • pp.830-837
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    • 2003
  • The interests of HEO is growing due to the congestion of GSO. ITU-R is studying about the pfd for HEO FSS in the 4GHz and 11GHz bands that will adequately protect the FS and, at the same time, will better reflect HEO FSS satellite requirements. We simulated and analysed the interference effects from the USAKU-H2 type of HEO FSS system into the FS receive station in these bands. Based on our analysis, we evaluated if the pfd masks proposed in ITU-R provided the appropriate protection to the FS located at near latitude 40$^{\circ}$N.

Estimation of diesel fuel demand function using panel data (시도별 패널데이터를 이용한 경유제품 수요함수 추정)

  • Lim, Chansu
    • Journal of Energy Engineering
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    • v.26 no.2
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    • pp.80-92
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    • 2017
  • This paper attempts to estimate the diesel fuel demand function in Korea using panel data panel data of 16 major cities or provinces which consist of diesel demands, diesel market prices and gross value added from the year 1998 to 2015. I apply panel GLS(generalized least square) model, fixed effect model, random effect model and dynamic panel model to estimating the parameters of the diesel fuel demand function. The results show that short-run price elasticities of the diesel fuel demand are estimated to be -0.2146(panel GLS), -0.2886(fixed effect), -0.2854(random effect), -0.1905(dynamic panel) respectively. And short-run income elasticities of the diesel fuel demand are estimated to be 0.7379(panel GLS), 0.4119(fixed effect), 0.7260(random effect), 0.4166(dynamic panel) respectively. The short-run price and income elasticities explain that demand for diesel fuel is price- and income-inelastic. The long-run price and income elasticities are estimated to be -0.4784, 1.0461 by dynamic panel model, which means that demand for diesel fuel is price-inelastic but income-elastic in the long run. In addition I apply dummy variable model to estimate the effect of 16 major cities or provinces on diesel demands. The results show that diesel demands is affected 10 regions on the basis of Seoul.

Effects of Multicultural Experiences of Adolescents and Multicultural Perception and Stereotype (청소년의 다문화경험이 다문화인식과 고정관념에 미치는 영향)

  • Sim, Mi-Young;Lee, Dool-Nyeo
    • The Journal of the Korea Contents Association
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    • v.15 no.10
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    • pp.214-224
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    • 2015
  • The purpose of this study is to establish the social support system for social integration by analyzing the effect of multicultural experiences on multicultural perception and stereotype and the meditating effect of multicultural perception. The research result is summarized as follow : First, multicultural perception is differently influenced according to multicultural experiences. That is, multicultural experiences have found to have the positive effect on multicultural acceptance and the negative effect on rejection about other cultures or prejudice about other cultures. Second, the result which analyzed the effect of multicultural perception on stereotype has found that acceptance about other cultures doesn't have any effect on stereotype. However, it can be found that the prejudice and rejection about other cultures are verified to be the variables which have the positive effect on stereotype. Third, the result which analyzed the direct effect of multicultural experiences on stereotype and the indirect effect through multicultural perception has found that multicultural experiences don't have any direct effect on stereotype, but do have the indirect effect through multicultural perception. With the help of information technology.

The Development of Biomass Model for Pinus densiflora in Chungnam Region Using Random Effect (임의효과를 이용한 충남지역 소나무림의 바이오매스 모형 개발)

  • Pyo, Jungkee;Son, Yeong Mo
    • Journal of Korean Society of Forest Science
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    • v.106 no.2
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    • pp.213-218
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    • 2017
  • The purpose of this study was to develop age-biomass model in Chungnam region containing random effect. To develop the biomass model by species and tree component, data for Pinus densiflora in central region is collected to 30 plots (150 trees). The mixed model were used to fixed effect in the age-biomass relation for Pinus densiflora, with random effect representing correlation of survey area were obtained. To verify the evaluation of the model for random effect, the akaike information criterion (abbreviated as, AIC) was used to calculate the variance-covariance matrix, and residual of repeated data. The estimated variance-covariance matrix, and residual were -1.0022, 0.6240, respectively. The model with random effect (AIC=377.2) has low AIC value, comparison with other study relating to random effects. It is for this reason that random effect associated with categorical data were used in the data fitting process, the model can be calibrated to fit the Chungnam region by obtaining measurements. Therefore, the results of this study could be useful method for developing biomass model using random effects by region.

A study on the change of total fertility rate in regional level : An analysis using the panel data

  • Kim, Dokyun
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.5
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    • pp.77-86
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    • 2021
  • This study aims at exploring the change of the total fertility rate(TFR) in regional level and analysing what different effects the local labor market and housing market have on the change of TFR. Previous studies have emphasized that the job and housing issues of the youth are structural factors on the decline of TFR. However, considering that youth problem is variant in local level, the relationship of job and housing issues with TFR could be different in local level. This study analyses what effects the situation of local labor market and housing market have on the TFR from 2012 to 2018 in regional level. The result is that the employment and housing factors have different effects on capital areas and non-capital areas. While the high cost of housing has negative effects on TFR in capital areas, it has rather positive effects in non-capital areas. However, labor market variables have statistically insignificant effects on TFR.