• Title/Summary/Keyword: Catch-up growth

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An Analysis on the Efficiency and Productivity for Major Mutual Financing Cooperatives in Korea (우리나라 상호금융조합의 효율성 및 생산성 분석)

  • Bae, Se-Young;Kim, Hee-Chang
    • Journal of Digital Convergence
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    • v.18 no.2
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    • pp.235-247
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    • 2020
  • The Mutual Financial Cooperatives(MFCs) in Korea need to make efforts to increase efficiency and productivity in order to secure stable and sustainable growth and competitiveness. Therefore, this study analyzes the efficiency and productivity of MFCs from 2012 to 2018 and suggests some implications. The methodology employed is a Dynamic-Network Slacks-Based Measure(DNSBM) Model. The findings from an empirical study include that first, on average efficiency scores of the institutions, NH(0.225) showed the highest overall efficiency, and followed by SH(0.128) and MG(0.126). After 2015, most of the MFCs' efficiency scores had risen until to 2018. Second, in divisional analysis, the inefficiency in creating the high profitability-stage had been greater than establishing-funds-stage. Third, in projection analysis of Division 2, the inefficiency of the output factors such as interest income and operating income was severe. Fourth, the results from the Malmquist Productivity Index analysis of Division 1 of the fist-stage illustrate that all three MFCs showed minus catch-up effects. Also, a soundness from reducing bad loans and expansion of loans in combination with generating various ways of creating profits besides the interest income is urgently needed for Korean MFCs.

Spatial Data Analysis for the U.S. Regional Income Convergence,1969-1999: A Critical Appraisal of $\beta$-convergence (미국 소득분포의 지역적 수렴에 대한 공간자료 분석(1969∼1999년) - 베타-수렴에 대한 비판적 검토 -)

  • Sang-Il Lee
    • Journal of the Korean Geographical Society
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    • v.39 no.2
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    • pp.212-228
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    • 2004
  • This paper is concerned with an important aspect of regional income convergence, ${\beta}$-convergence, which refers to the negative relationship between initial income levels and income growth rates of regions over a period of time. The common research framework on ${\beta}$-convergence which is based on OLS regression models has two drawbacks. First, it ignores spatially autocorrelated residuals. Second, it does not provide any way of exploring spatial heterogeneity across regions in terms of ${\beta}$-convergence. Given that empirical studies on ${\beta}$-convergence need to be edified by spatial data analysis, this paper aims to: (1) provide a critical review of empirical studies on ${\beta}$-convergence from a spatial perspective; (2) investigate spatio-temporal income dynamics across the U.S. labor market areas for the last 30 years (1969-1999) by fitting spatial regression models and applying bivariate ESDA techniques. The major findings are as follows. First, the hypothesis of ${\beta}$-convergence was only partially evidenced, and the trend substantively varied across sub-periods. Second, a SAR model indicated that ${\beta}$-coefficient for the entire period was not significant at the 99% confidence level, which may lead to a conclusion that there is no statistical evidence of regional income convergence in the US over the last three decades. Third, the results from bivariate ESDA techniques and a GWR model report that there was a substantive level of spatial heterogeneity in the catch-up process, and suggested possible spatial regimes. It was also observed that the sub-periods showed a substantial level of spatio-temporal heterogeneity in ${\beta}$-convergence: the catch-up scenario in a spatial sense was least pronounced during the 1980s.

Productivity and Patterns of Trade: The Experience of Korea in the 1990s (생산성과 무역패턴: 1990년대의 한국경제의 경험)

  • Tcha, MoonJoong
    • KDI Journal of Economic Policy
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    • v.26 no.2
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    • pp.249-280
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    • 2004
  • This paper analyzes the industrial growth of Korea in the 1990s and its relationship with the nation's export performance. The result shows that total factor productivity (TFP) played a significant role in the growth of some industries, where in particular a sharp increase in TFP was observed in the electrics and electronics industry and the automobile industry in the late 1990s. While CEPII RCA indexes for the Korean industries such as IT industry and automobile industry significantly increased since 1998, only limited evidence was found that TFP or TFI influenced RCA. Investigating Korea's export performance in the Northeast Asian context, this paper shows that, in the 1990s, the growth of Korea's exports to Japan was led by industries that recorded relatively fast growth in total factor input (TFI). In contrast, that to China was almost equally contributed by industries that experienced relatively fast growth in TFP or TFI. This paper also investigates competition between Korea and China, and Korea and Japan in the world market. The competition between Korea and China was relatively stronger for the Korean industries to whose growth TFI made a more significant contribution. While no decisive evidence is found for the relationship between TFP growth in Korean industries and their competition against Japan in the world market, it is revealed that the competition between Korea and Japan became less intense for the Korean industries to whose growth TFI made a stronger contribution. In this regard, the paper supports the view of 'nut-cracking' that the Korean economy has lost its competitiveness in the sectors where it maintained comparative advantage, but failed to catch up more advanced countries such as Japan by gaining competitiveness in more capital or technology intensive sectors.

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DENTAL MANAGEMENT OF THE RUSSELL-SILVER SYNDROME: CASE REPORT (Russell-Silver Syndrome 환아의 치과적 관리: 증례 보고)

  • Kim, Jun-Hhewk;Sohn, Hyung-Kyu;Kim, Seung-Hye;Choi, Hyung-Jun;Lee, Jae-Ho
    • The Journal of Korea Assosiation for Disability and Oral Health
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    • v.6 no.2
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    • pp.99-104
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    • 2010
  • Russell-Silver syndrome is a genetic disorder characterized by intrauterine and/or postnatal growth restriction and typical facies. The clinical feature is various due to heterogeneous genetic characters. Their common findings are short stature without catch-up growth, normal head size for age, a distinctive triangular face with prominent forehead and a pointed chin, low set ears and clinodactyly of the fifth fingers. Intraoral features of the syndrome are microdontia, delayed tooth eruption, hypodontia, and crowding. More than 400 case have been reported in the literature, and estimated incidence is from 1 in 3000 to 1 in 100,000. In this case we performed caries treatment under the general anesthesia for the patient with Russell-Silver syndrome. Dentist have to consider microstomia for the management of patients with Russell-Silver syndrome.

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A Study on Development of the Evaluation Model about Level of Security in National R&D Program (국가연구개발사업 연구보안수준 평가모델 개발에 관한 연구)

  • Bae, Sang Tae;Kim, Ju Ho
    • The Journal of Korean Association of Computer Education
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    • v.16 no.1
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    • pp.73-80
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    • 2013
  • Government promotes that the strategy of national R&D converts from catch-up R&D type to leading R&D type for the future growth and national competitiveness according to the recent paradigm shift in the research and development. So the many national researches about foundation, source and core technology are actively being made. As a result of these researches, the security has become an important part of success factor in R&D. And so various security diagnosis and evaluation is being conducted about national R&D program. Existing the research security evaluation models are classified domains in terms of security management and created evaluation indicators according to the domains. However the models are inappropriate in case of researchers doing self-diagnosis of research security. This paper set up the domains in aspect of research management and then proposed the evaluation indicator of research security according to the domains. The evaluation indicator model that is suggested can be utilized in self-diagnosis of research security effectively.

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Effects of Initial Body Weight and Synbiotics Supplementation on Growth Performance of Weaned Pigs (개시체중과 Synbiotics 첨가가 이유자돈의 성장에 미치는 영향)

  • Seok Hee Lee;Su hyup Lee;Jin Ki Park;Jee Hwan Choe
    • Journal of Practical Agriculture & Fisheries Research
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    • v.25 no.4
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    • pp.53-59
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    • 2024
  • The purpose of the study was to examine the effects of initial body weight and synbiotics supplementation in the diet on growth performance of weaned pigs. A total of 80 crossbred pigs (Landrace×Yorkshire×Duroc, d 28±3, body weight 6.40±1.70 kg) were randomly distributed 4 treatments (4 replication, 5 pigs/replication). The treatments were 1) high initial body weight group (PC), 2) low initional body weight group (NC), 3) low initial body weight with 0.2% antibiotics (amoxicillin) supplementaion group (AB), 4) low initial body weight with 0.2% synbiotics (AllTech® Bio-Mos 0.3%, 0.3%, Bacillus subtillis 0.1%, formic acid 0.1%) supplementation group (Syn). AllTech® Bio-Mos is consist of at least 25% of glucomannanprotein extracted from the cell wall of Saccaromycess cerevisae. Growth performance was measured during 28 d. Average daily gain (ADG) of AB and Syn groups were significantly (p<0.05) higher than that of NC group. However, final body weight at the end of experiment were not different among NC, AB, and Syn groups. Initial body weight and final body weight of PC group were statistically (p<0.001) higher compared to those of other groups. Additionally, PC showed the tendency of lower average daily feed intake and higher ADG, thereby lower feed conversion ratio compared with other groups. Therefore, the current results imply that supplementation of antibiotics and synbiotics in diets for weaned pigs could not catch up with significant differences in initial body weight.

The clinical manifestations, the short- and long-term outcomes of Bartter syndrome (Bartter 증후군의 임상 양상과 장단기 치료 결과)

  • Park, Hye Won;Lee, Joo Hoon;Park, Young Seo
    • Clinical and Experimental Pediatrics
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    • v.50 no.12
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    • pp.1231-1240
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    • 2007
  • Purpose : Bartter syndrome is a renal tubular defect in electrolyte transport characterized by hypokalemia, metabolic alkalosis and other clinical signs and symptoms. The aims of this study were to analyze the clinical manifestations and the short- and long-term outcomes of Bartter syndrome. Methods : We retrospectively reviewed clinical history, laboratory finding of blood and urine, renal ultrasonography, and hearing tests of five patients who were diagnosed and managed with Bartter syndrome at Asan Medical Center from April 1992 to May 2007. We also evaluated height and body weight periodically after institution of therapy. Results : All patients had poor oral intake, failure to thrive and polyuria. Three of them had maternal history of polyhydramnios and premature delivery. The mean age at diagnosis was 11.8 months. All children presented with hypokalemia, metabolic alkalosis, hyperreninemia. Their blood pressures were normal. One patient had nephrocalcinosis on renal ultrasonography and all of them had normal result in hearing tests. After treatment with indomethacin or other prostaglandin inhibitors and potassium supplementation,their clinical features improved with catch-up growth and improvement in the development during long-term follow-up. Conclusion : We emphasize that early diagnosis and proper treatment in patient with Bartter syndrome are related to better prognosis.

The Creative Economy for People's Happiness: characteristics and policy implications (국민행복을 위한 창조경제: 특성과 함의)

  • Kim, Wangdong;Song, Wichin;Seong, Jieun
    • Journal of Korea Technology Innovation Society
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    • v.16 no.3
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    • pp.672-693
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    • 2013
  • The "Economy" is one of the hottest issues in Korean society these days, but there are still mixed views on the definition and approach to the creative economy, which is the catch phrase of the new government. Under these circumstances, this study assumes the current perspective of the domestic science and technology community on the creative economy fails to properly reflect the spirit of the times and so aims to suggest the "creative economy for people's happiness" as an alternative perspective along with a set of policy implications. To that end, this paper looks through the theory of the creative economy and examines existing perspectives on the creative economy from a critical point of view. And then, it explores the characteristics of the creative economy for people's happiness and related examples. Lastly, policy implications are drawn up for the Park Geun-hye government.

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Development of a Web-Based Application for YWBS in Integrated Management Systems (세일요트 통합관리 시스템을 위한 웹기반 YWBS 설계 프로그램)

  • Lee, Dong Kun;Nam, Seung Hoon;Jeong, Yong Kuk;Shin, Jong Gye
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.1
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    • pp.46-54
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    • 2013
  • Recently, the marine leisure industry has begun to make a mark on the growth engines of the Korean economy. Hence, various government research projects are in progress to catch up with the fundamental yacht technologies of advanced countries. Research on the integrated management technologies of sail yachts is carried out as a part of those projects. Work Breakdown Structure (WBS) is a basic architecture for robust and high-level management systems. In this paper, we suggest a product-oriented Yacht Work Breakdown Structure (YWBS). General WBS has a drawback in that it can only follow the targeted purpose, but YWBS allows for a generic WBS approach. This concept allows us to apply WBS to multi-purpose uses. The YWBS is used as an infrastructure in information management and for data relationships in sail yacht management systems. YWBS is designed and managed by a web application, and the system is implemented with a website as a user interface. This application has not only a design function, but also a data transfer function that is based on the Microsoft Silverlight platform, a kind of Rich Internet Application (RIA) technology. Using this application, YWBS designers can communicate with the management system without added tasks like as uploading and updating.

A False Diagnosis of Hypoplastic Left Heart Syndrome in a Fetus (태아기에 좌심형성부전증후군으로 잘못 진단되었던 1례)

  • Shin, Youn Jeong;Jang, Sung Hee;Choi, Jung Yun;Han, Eun Sook
    • Clinical and Experimental Pediatrics
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    • v.45 no.2
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    • pp.267-272
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    • 2002
  • Typical hypoplastic left heart syndrome(HLHS) is a distinct pathologic entity with aortic atresia, mitral atresia, very hypoplastic or absent left ventricle and thread like ascending aorta. Occasionally, the lesser degree of hypoplasia is found and is called hypoplastic left heart complex(HLHC) by some authors. This HLHC is often associated with critical aortic stenosis. Fetal echocardiography has enabled us to observe human fetal heart in-utero and to diagnose congenital heart disease prenatally over the last 20 years. The diagnosis of HLHS in fetal echocardiography is based on 2-dimensional echocardio -graphic evidence of a diminutive ascending aorta, aortic atresia, mitral atresia or severe stenosis and a hypoplastic left ventricle. Abnormal flow direction through atrial septum or through isthmus greatly aids the diagnosis. This report shows a fetal case who showed hypoplastic left side chambers and retrograde isthmic flow and was diagnosed with hypoplastic left heart syndrome. After birth, although the baby had tachy-dyspnea for the first 3 weeks, she finally recovered without any intervention and showed catch up growth of left side chambers. This case illustrates the extreme difficulty of assessing left ventricle in a fetus.