• Economic Analysis
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• v.27 no.2
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• pp.1-40
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• 2021

Using an unobserved components model that features trend growth as a random walk, we find that GDP trend growth rates had gradually declined from the late 1980s to early 2010s in Korea. To uncover the underlying features of the slowdown, we use trend growth accounting. A major feature appears to be a significant decline in the growth rate of labor productivity. To be specific, the first gradual decline in trend growth, which started in 1988 and continued to 1998, is associated with a drop in TFP measured in labor-augmenting units. This finding is inconsistent with the hypothesis that the slowdown in GDP trend growth can be attributed to the 1997-1998 Korean financial crisis. Sluggish investment growth is behind the second period of the gradual slowdown, from 2002 to 2012.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.8 no.1
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• pp.143-150
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• 2007

Using a panel data of Korea for $1979{\sim}2002$, this study investigates the determinants of the service sector employment share in Korea. In order to analyze the impact of macroeconomic factors on the service sector's employment share we estimate a simple panel model which is in line with Baumol's model. The panel GMM estimation results show that: 1) The increase in the share of service-related jobs in total employment tends to rise with GDP per capita, which confirms demand-bias hypothesis proposed by Clark. 2) We find that a crucial role in this process has been played by the productivity gap. As Baumol's hypothesis or Baumolis disease, the expansion of the employment share in services relative to industry is the direct consequence of services' lower productivity performances.

• The Journal of the Korea Contents Association
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• v.12 no.4
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• pp.457-467
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• 2012

The purpose of the study was to explore the general characteristics of sports for all through the patterns of sports for all policy and analysis of causal relation of the determinants. To achieve this goal, 26 countries among OECD 30 members which provide useful data sources were selected. The data were analyzed by Qualitative Comparative Analysis(QCA) with cluster analysis. GDP, leisure time, social expenditure, Gini's coefficient, poverty rate and tax burden ratio were used as casual variables for Qualitative Comparative Analysis. The findings of this study were as follows. First, three patterns were examined and Korea was classified into the pattern which has low sports for all participation and sportsclub participation. Second, as a result of Qualitative Comparative Analysis for analyzing the determinants of sports for all patterns, the pattern in which includes Korea showed that GDP, leisure time, social expenditure, tax burden ratio had negative relationship and Gini's coefficient, poverty rate had positive relationship.

• Informatization Policy
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• v.26 no.4
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• pp.3-19
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• 2019

Many countries have developed e-governments, but their current statuses differ by country, as demonstrated in the United Nations E-Government Survey. This study focuses on what factors cause these differences. Specifically, it analyzes economic and organizational factors, both of which have not yet been sufficiently considered. Through quantitative and qualitative analyses, the results show that GDP growth and the days required to start a business are important factors, while fiscal balance does not appear to affect e-government development as much. In addition, the existence of allocated ministries or departments that belong to a president or prime minister are also important for e-government progression.

• Feed Journal
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• v.3 no.5 s.21
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• pp.66-72
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• 2005

대외경제 규모가 국내총생산(GDP)의 70$\%$를 차지하고 있는 우리나라는 명실상부한 통상 국가이다. 쉽게 말해 1만 5천 달러의 1인당 국민소득 중 1만 달러가 무역에서 나오고 국내에서 5천 달러만 생기는 것으로, 싫든 좋든 무역을 통해 먹고 살아야 할 운명을 가진 나라이다. 이렇듯 무역규모 12위의 통상국가인 우리나라는 오늘날 커다란 도전에 직면해 있다. 우리의 수출시장인 주요 교역국들이 자유무역협정(FTA: Free Trade Agreement)을 통해 그들끼리 관세를 철폐하며 더 높은 수준의 무역 자유화를 주고받는 배타적인 시장을 형성해 나가고 있기 때문이다. FTA는 이제 더 이상 선택이 아니라 세계 각국의 필수적인 통상정책이 되었다. 세계무역기구(WTO)에 따르면, 금년 1월로 162건의 FTA가 발효 중이고, 올 연말까지는 FTA 역내국간 무역이 세계무역의 50$\%$를 넘을 것으로 전망된다. 세계 제일의 경제대국인 미국도 예외는 아니어서 FTA 체결국과의 교역이 35.3$\%$를 차지하고 있다. 이에 반해, 우리나라는 지난해에서야 첫 번째 FTA인 한$\cdot$칠레 FTA를 천신만고 끝에 발효시켰을 따름이다.

• Journal of Navigation and Port Research
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• v.40 no.6
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• pp.485-494
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• 2016

The primary purpose of this study is to analyze the impact and determinants of bilateral Free Trade Agreements on international total bulk shipment trade volume at the port of Korea using the Panel Gravity Model. The model estimates the aggregated panel data of exports and imports (excluding transshipment) as a dependent variable during the period from 1996 to 2015. GDP, GDP per capita, distances between bilateral countries, and FTA dummies are included as independent variables. And the economic integration of FTAs including ASEAN+3 and NAFTA3 countries were used as dummy variables. Study results show that GDP and GDP per capita have positive impacts on bulk shipment trade volume at the port of Korea. In addition, Korea's bilateral FTAs with Singapore, India and the United States have positive effects on total bulk trade volume in Korea. This is the so called trade creation effect. On the other hand, ASEAN+3 and NAFTA have negative effects on the total bulk trade. This is the so called trade diversion effect. Also, the distance between Korea and its trade partners has a negative impact. These findings provide insights for: further academic research, site operators who work in related trade and maritime sectors, and policy makers engaged in port and maritime operations. The results can be used to develop strategies for maximizing bulk port throughput.

• International Area Studies Review
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• v.22 no.2
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• pp.19-40
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• 2018

This paper aims to quantify the determinants of the Gulf Cooperation Council (GCC) countries' exports by using an augmented gravity model. The gravity model was applied to the six members of the GCC (Kuwait, Saudi Arabia, Bahrain, Qatar, the United Arab Emirates and Oman) with datasets that consist of their major 55 trading partners. The findings of this paper reveal that the product of the exporter's GDP and its trading partner's GDP had a significantly positive effect on the exports of five GCC members, except for Qatar. Distance had a significant and negative effect on the exports of the UAE, Saudi Arabia and Oman, while it had a significantly positive effect on those of Bahrain and Qatar. The exporter's GDP per capita had a significantly positive effect on the exports of Bahrain, the UAE and Oman, while a negative effect on Saudi Arabia's exports. The exporter's population had a significantly positive effect on the exports of all six GCC members, while the importer's population had a significantly positive effect on the exports of Kuwait, Bahrain and Qatar, yet, a significantly negative effect on Saudi Arabia's exports. Borders had an insignificant effect on the exports of the six members. The common language had a significant and positive effect on the exports of Kuwait, Saudi Arabia, Bahrain and Oman. FTAs had a significantly positive effect on the exports of Bahrain and a significantly negative effect on Qatar's and Oman's exports. The membership of the GCC had a significantly positive effect on the exports of Kuwait, Bahrain and Qatar, while it had a negative effect on Saudi Arabia's exports.

• International Commerce and Information Review
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• v.16 no.5
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• pp.361-385
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• 2014

This study focused on Spillover of Technology Trade against Post- BRICs of the Technology export of Korea. Therefore this study made an empirical analysis for investigating the competitiveness of technology export in Korea and using panel data 2003-2012 of technology trade data between 6 Countries(Indonesia, Mexico, Nigeria, South Africa, Turkey, Vietnam). In particular, the study deduced the correlation between technology export in Korea using the variables of Gross Domestic Expenditure on R&D and Per capita GDP, distance, population, free-trade index, FDI, Technology-Intensive Manufactures, Pattern Investment fixed effect model in panel linear regression model. It is found that the Technology export of Korea SMEs made a significant effect on the pop, free_trade, and distance. and also it is found that the Technology export of Korea Big Business made a significant effect on the per-GDP, Fdi from Korea, free_trade, and distance. The results suggest that the study should use technology gap variables and the strategy for activating the Technology export of Korea should be made for future works.

• JOURNAL OF ELECTRICAL WORLD
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• s.386
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• pp.56-57
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• 2009

인도차이나의 서쪽, 태국 라오스 중국 방글라데시 인도에 둘러싸인 미얀마는 비옥한 토양과 천연자원의 혜택을 입고 있는 나라이다. 에너지자원으로서는 풍부한 포장 수력이 있는 외에 천연가스의 혜택도 입고 있다. 경제적으로는 네 윈 정권 하에서의 쇄국경제체제 이후 해외로부터의 경제원조가 중지되고, ASEAN 가맹을 달성한 현재에도 민주화운동의 탄압에 대한 유럽 미국 등의 엄한 대응에 의하여 서방 여러 국가로부터의 경제원조는 제한되어 있다. 이 때문에 성장이 두드러지고 있는 ASEAN 여러 국가 중에서 뒤처지고 있다. 1인당 국민총생산(GDP)을 보더라도 237 미달러(2007년 IMF 추정)로 ASEAN 여러 국가 중에서도 가장 낮은 실정이다. 전력부문에 있어서는, 설비의 신설 갱신이 충분히 시행되지 못하여 공급력이 상당히 부족한 상태이다. 이러한 상황 하에서 미얀마 정부는 영해 내에서 산출되는 천연가스를 태국에 수출하여 귀중한 외화 수입원으로 하는 한편, 전원으로서는 수력을 선택하여 중국에서의 경제원조도 받아 대규모의 수력 개발을 위해 매진하고 있다. 이 글에서는 미얀마의 수력개발의 현황과 앞으로의 전망에 대하여 소개한다.

• Review of Culture and Economy
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• v.21 no.3
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• pp.59-88
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• 2018

This study examines demand of the Korean TV VOD using monthly aggregate data and time series analysis models. In particular, the impact of box office attendance, number of IPTV subscribers, income and price of substitutes on TV VOD market is analyzed. Data on TV VOD download during the period 2013 January to 2018 June are used for the empirical analysis. TV VOD demand shows lower level of seasonality than box office attendance and the share of monthly top1 movie in TV VOD platform is also lower than that of box office attendance. The relationship between a movie's holdback and box office performance does not seem consistent. The empirical result of ARDL model reveals that in the short-run box office attendance, number of IPTV subscribers and price of substitutes have significant impact on TV VOD demand. The result on the long-term relation shows that income is the only determinant of TV VOD demand. The impact of box office attendance on TV VOD is not shown to be robust both for the short-term and long-term.