• Title/Summary/Keyword: Country Income Level

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An Empirical Study of Foreign Direct Investment and Economic Growth in Developing Countries (외국인직접투자가 개발도상국의 경제성장에 미치는 영향)

  • Jeong, Dong-Won;Han, Jong-Ho;Lim, Chea-Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.5
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    • pp.2732-2742
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    • 2014
  • For the past decades, role of foreign direct investment has increased. Specially, East Asia and BRICs has experienced rapidly economic growth by FDI. Nevertheless, most of developing countries suffer from poverty. This paper empirically explores the impacts of FDI on economic output using a cross-country analysis based on data from 88 developing countries for the years 1990-2011. To this end, FDI is explicitly included in production function as production factor. Cross-country regression of income level is estimated with the country's human development, population growth, physical accumulation, and FDI as explanatory variables. Main finding of this paper is that FDI has a positive and significant impact on economic growth.

The Impact of Internet Access Charges on Economic Activities : A Cross-country Analysis (인터넷 사용료 수준이 경제활동 수준에 미치는 영향에 대한 다국가 분석)

  • Yoo, Seoung-Hoon;Yang, Chang-Young
    • Journal of Digital Convergence
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    • v.2 no.2
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    • pp.63-76
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    • 2004
  • There is a considerable gap in the level of the Internet access charges among countries because of the history of the Internet use, current status of the Internet infrastructure, the Internet penetration rate, and so on. Low Internet access charge increases the number of the Internet users and the Internet penetration rate, which boosts economic activities. This paper empirically explores the impacts of the internet access charges on economic activities using a cross-country analysis based on data from 76 countries for the year 1998-2001. To this end, several versions of the neoclassical growth models, explicitly including the internet access charges, are estimated with the GDP used for a proxy for economic activities and the level of Internet access charges considered as an input to production. Subject to the appropriate caveats, the results show that the level of the Internet access charges make a significantly negative effect on economic activities. In other words, it is concluded that low Internet access charges of a county increase economic activities and the increased economic activities in turn raise the real income of the county.

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Trade of ICT Products, Government, and Economic Growth: Evidence from East Asia-Pacific Region

  • NGUYEN, Lien Phuong;PHAM, Van Hong Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.175-183
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    • 2020
  • This study explores the effect of trade of Information Communications Technology (ICT) products and government's role, measured by three factors: Control of corruption, Government effectiveness, and Administrative tax level, on raising the economy across the East Asia-Pacific region. Secondary data were collected from the World Bank database of 21 countries over 12 years from 2006 to 2017. Applying the Panel corrected standard error model and running a robustness check based on the Dynamic panel data method, this research found that the exported ICT products, control of corruption, and government effectiveness could increase the economic income of a country in the region. The paper also provided the evidence indicating that the imported ICT products and the Administrative tax level are two harmful factors for economic growth. The major finding confirmed the useful contribution on improving government quality and its economy. First, improving the economy of a country always poses various challenges to its government. During the past decades, although much of the literature confirmed that exporting ICT products could promote an economy, very few studies investigated the role of Administrative tax level and the Government effectiveness. Second, there are only a few studies exploring the capability of government and the economic growth in the Asia-Pacific region.

Locational Determinants of FDI in Developing Countries (개발도상국 해외직접투자 유치 입지결정요인)

  • Yu, Seung Hun
    • Management & Information Systems Review
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    • v.32 no.5
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    • pp.1-18
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    • 2013
  • This study examined location determinants of FDI inflows in developing countries. I proposed and test modified gravitiy model empirically that include host country locational determinants, gravity link variable and home country control variable. The main findings are: countries with a larger market size, faster economic growth, higher per capita income, higher quality of human capital, higher level of foreign stock and more liberalized economic regime attracted relatively more FDI inflows.

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Revisiting a Gravity Model of Immigration: A Panel Data Analysis of Economic Determinants

  • Kim, Kyunghun
    • East Asian Economic Review
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    • v.26 no.2
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    • pp.143-169
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    • 2022
  • This study investigates the effect of economic factors on immigration using the gravity model of immigration. Cross-sectional regression and panel data analyses are conducted from 2000 to 2019 using the OECD International Migration Database, which consists of 36 destination countries and 201 countries of origin. The Poisson pseudo-maximum-likelihood method, which can effectively correct potential biased estimates caused by zeros in the immigration data, is used for estimation. The results indicate that the economic factors strengthened after the global financial crisis. Additionally, this effect varies depending on the type of immigration (the income level of origin country). The gravity model applied to immigration performs reasonably well, but it is necessary to consider the country-specific and time-varying characteristics.

What Drives Skilled Migration? Cross-country Evidence, 1990~2000 (숙련노동력 이민의 경제적 요인: 국가수준 횡단면 분석, 1990~2000)

  • Lee, Changkeun
    • Journal of Labour Economics
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    • v.29 no.2
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    • pp.1-27
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    • 2006
  • Recent migration is led by skilled labor, This paper performes a cross-country analysis to find the determinants of skilled migration using recently released Doquier and Marfouk(2005) data as dependent variable and economic indicators of nations as independent variables. Regression results show that the skilled migration to OECD countries are driven not only by income motive but also by structural factors, such as industrial structure and life expectancy, which have broader meanings in development. It is noteworthy that structural factors of a nation become more important as its income level rises. English seems to have positive effect on skilled migration. Some region-specific factors, proximity to USA of Caribbean countries and political instability of Gold Coast countreis, for example, are found. Middle-income countries seem to be the most vulnerable to the possible risk of brain drain.

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Determinants of Choice of Surgery in Asian Patients with Early Breast Cancer in A Middle Income Country

  • Teh, Yew-Ching;Shaari, Nor Elina Noor;Taib, Nur Aishah;Ng, Char-Hong;See, Mee-Hoong;Tan, Gie-Hooi;Jamaris, Suniza;Yip, Cheng-Har
    • Asian Pacific Journal of Cancer Prevention
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    • v.15 no.7
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    • pp.3163-3167
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    • 2014
  • Background: Breast-conserving surgery (BCS) plus radiotherapy is equivalent to modified radical mastectomy (MRM) in terms of outcome. However there is wide variation in mastectomy rates dependent both on tumour and patient characteristics. Objective: This study aimed to assess the determinants of surgery choice in Asian patients with early breast cancer in a middle-income country. Materials and Methods: 184 patients with early breast cancer treated between Jan 2008 and Dec 2010 were recruited to complete a questionnaire. Chi-square test was used to analyze the association between surgery choice and demographic and tumour factors, surgeon recommendation, family member and partner opinions, fear of recurrence, avoidance of second surgery, fear of disfigurement, interference with sex life, fear of radiation and loss of femininity. Results: 85 (46%) had BCS while 99 (54%) had mastectomy. Age >60, Chinese ethnicity, lower education level, and larger tumour size were significantly associated with mastectomy. Surgeon recommendation was important in surgery choice. Although both groups did not place much importance on interference with sex life, 14.1% of the BCS group felt it was very important compared to 5.1% in the mastectomy group and this was statistically significant. There was no statistical difference between the two groups in terms of the other factors. When analyzed by ethnicity, significantly more Malay and Indian women considered partner and family member opinions very important and were more concerned about loss of femininity compared to Chinese women. There were no statistical differences between the three ethnic groups in terms of the other factors. Conclusions: When counseling on surgical options, the surgeon has to take into account the ethnicity, social background and education level, age and reliance on partner and family members. Decision-making is usually a collective effort rather than just between the patient and surgeon, and involving the whole family into the process early is important.

The effects of Logistics Performance Index on International Trade of Korea (교역 상대국의 물류성과지표가 한국 무역에 미치는 영향)

  • Lim, Eun Jung;Jun, Sung Hee
    • Journal of Korea Port Economic Association
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    • v.35 no.1
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    • pp.77-96
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    • 2019
  • Logistics and transportation are increasingly playing a crucial role in international trade relations. Logistics services provide sectoral connections within the local economy. The efficient logistics services facilitate the flow of products; besides ensuring safety and speed of movement, they can reduce the cost of cross-border trade. The Logistics Performance Index (LPI) evaluates the efficiency of customs, quality of transportation service, and infrastructure for overland and maritime transport in each country it covers. The objective of this article is to analyze the impact of the various LPI indicators of Korea's trading partners. The impact of LPI on trade varies according to the income level of the trading partners. The results show that an improvement in any of the components of the LPI can lead to significant growth in a country's trade flow. Exports to Korea will increase as the LPI of the trading partner country is higher. This index has a greater impact on the exports of low-income countries.

Financing Risk in Indonesian Islamic Rural Banks: Do Financing Products Matter?

  • WIDARJONO, Agus;ANTO, M.B. Hendrie;FAKHRUNNAS, Faaza
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.305-314
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    • 2020
  • This paper investigates the impact of profit and loss sharing (PLS) contracts on non-performing financing of Islamic rural banks as Islamic small banks focus on small and medium enterprises at province level across country. Our study employs panel data, consisting of 142 Islamic rural banks and using quarterly data from 2013Q1 to 2018Q4, and splits them based on the bank's size and geographical area. Both static and dynamic panel regressions are then applied. The results obviously indicate that a high proportion of profit and loss sharing contracts leads to high financing risk. The large Islamic banks encounter a higher non-performing financing stemming from profit and loss contracts compared to small Islamic banks. Profit and loss contracts also produce higher financing risk for Islamic banks outside Java, as those areas are less developed areas than Java itself. A more efficient Islamic bank is less financing risk. Income diversification lessens the impaired financing and, more particularly, large Islamic banks and Islamic banks located in Java much benefit by diversifying income and financing to lower financing risk. Our study suggests that Islamic rural banks may consider the optimal level of profit and loss sharing contracts to minimize financing risk.

Study on the Factors Relating and the Abuse of Immigrant Women (결혼이민여성의 학대와 관련요인연구)

  • Kim, Min-Kyeong
    • Korean Journal of Human Ecology
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    • v.18 no.6
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    • pp.1181-1198
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    • 2009
  • The purposes of this study were to find the general trends of individuals, marital relation, migrated-cultural variables and abuse, and to analyze the effects of the individual, marital relation, and migrated-cultural variables on the abuse. The subjects were 174 immigrant women. The data was analyzed with frequency, t-test, ANOVA and multiple regression by SPSS. The major findings were as follows; Physical abuse amongst immigrant women was significantly different according to residence and income factors, psychological abuse was dependent on residence and native country, sexual abuse was dependent on education level, and total abuse was dependent on residence and native country. The level of abuse (range 1-4) was 2.07, Psychological abuse was the highest with 2.23, physical abuse was next with 1.92 and sexual abuse was 1.78. All the abuse types were influenced by the husband's alcohol behavior, communication efficiency, marital conflict, and knowledge of Korean culture. In conclusion, it is important to protect immigrant women who have been abused. So understanding, reasonable coping, prevention programs and counseling of abuse victims were provided to immigrant women.