• 제목/요약/키워드: Economic Factors

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Impact of Economic Policy Uncertainty and Macroeconomic Factors on Stock Market Volatility: Evidence from Islamic Indices

  • AZIZ, Tariq;MARWAT, Jahanzeb;MUSTAFA, Sheraz;KUMAR, Vikesh
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.683-692
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    • 2020
  • The primary purpose of the study is to investigate the volatility spillovers from global economic policy uncertainty and macroeconomic factors to the Islamic stock market returns. The study focuses on the Islamic stock indices of emerging economies including Indonesia, Malaysia, and Turkey. The Macroeconomic factors are industrial production, consumer price index, exchange rate. EGARCH model is employed for investigation of volatility spillovers. The results show that the global economic policy uncertainty has a significant spillover effect only on the returns of Turkish Islamic stock index. Similarly, the shocks in macroeconomic factors have little influence on the volatility of Islamic indices returns. The volatility of Indonesian and the Turkish Islamic stock indices returns is not influenced from the fluctuations in macroeconomic factors. However, there is significant volatility spillover only from industrial production to the returns of Malaysian Islamic index. The results suggest that the Islamic stock markets are less likely to influence from the global economic policies and macroeconomic factors. The stability of Islamic stocks provide opportunity for diversification of portfolios, particularly in stressed market conditions. The major price factors of Islamic markets could be firms' specific factors or investors' behaviors. The findings are helpful for policy makers and investors in formulating policies and portfolios.

한국 가계의 경제위기 대처행동에 관한 연구 (A Study on the Coping Behaviors with Economic Crisis of Korean Households)

  • 이경옥;정용선
    • 한국생활과학회지
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    • 제8권1호
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    • pp.81-93
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    • 1999
  • Now in Korea, many households are facing with economic crisis. The study based on the premise that household economic status could keep as stable as before economic crisis depending on the coping behavior of housewives as a manager of household. The purpose of this study was to find the coping behavior patterns with economic crisis of housewives, and to examine the socio-demo-economic factors which influence the coping behavior with economic crisis of housewives. Major findings were as follows; (1) The principal two patterns of coping with economic crisis were active coping behavior and passive coping behavior. (2) The most frequently used coping behavior pattern was passive coping behavior. (3) The patterns of coping with economic crisis were influenced by the socio-demo-economic factors.

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Socio-economic Factors Affect the Outcome of Soft Tissue Sarcoma: an Analysis of SEER Data

  • Cheung, Min Rex;Kang, Josephine;Ouyang, Daniel;Yeung, Vincent
    • Asian Pacific Journal of Cancer Prevention
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    • 제15권1호
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    • pp.25-28
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    • 2014
  • Background: This study analyzed whether socio-economic factors affect the cause specific survival of soft tissue sarcoma (STS). Methods: Surveillance, Epidemiology and End Results (SEER) soft tissue sarcoma (STS) data were used to identify potential socio-economic disparities in outcome. Time to cause specific death was computed with Kaplan-Meier analysis. Kolmogorov-Smirnov tests and Cox proportional hazard analysis were used for univariate and multivariate tests, respectively. The areas under the receiver operating curve were computed for predictors for comparison. Results: There were 42,016 patients diagnosed STS from 1973 to 2009. The mean follow up time (S.D.) was 66.6 (81.3) months. Stage, site, grade were significant predictors by univariate tests. Race and rural-urban residence were also important predictors of outcome. These five factors were all statistically significant with Cox analysis. Rural and African-American patients had a 3-4% disadvantage in cause specific survival. Conclusions: Socio-economic factors influence cause specific survival of soft tissue sarcoma. Ensuring access to cancer care may eliminate the outcome disparities.

소득수준별 가구 경제요인이 우울에 미치는 영향에 대한 종단적 고찰 (Longitudinal Study on the Effects of Depression by Household's Economic Factors According to Income Levels)

  • 성준모
    • 한국사회복지학
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    • 제62권1호
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    • pp.109-132
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    • 2010
  • 본 연구의 목적은 가구원의 우울정도에 영향을 미치는 가구내 경제요인이 무엇인지를 가구의 소득수준별로 알아보는 것이다. 이를 위해 한국복지패널 1,2차년도 자료를 활용하여 패널 회귀분석을 실시하였다. 연구결과, 가구원이 인식하는 주관적인 가족수입 만족도 변화가 우울정도에 미치는 영향력이 큰 것으로 나타났다. 일반 가구원의 경우 직접적인 소득이나 지출관련 변수들의 변화가 우울변화에 영향을 미치는 반면, 저소득층 가구원의 경우는 이러한 변수들이 우울에 유의미한 영향을 미치지 않았다. 통제변수중에서는 나이, 혼인상태, 교육수준 등이 유의미한 영향요인이었다. 이러한 결과를 통하여 우울의 차이를 가져오는 가구 경제요인이 무엇인지를 탐색적으로 이해하였으며, 우울과 관련한 사회복지적 개입에 있어서 가구경제 지원에 대한 정책적 방향을 논의하였다.

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The Key Historical Factors of Small and Medium-Sized Enterprises (SMEs) for Economic Growth in the Republic of Korea

  • Eungoo KANG
    • 한류연구
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    • 제2권2호
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    • pp.9-17
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    • 2023
  • The primary objectives of this study is to examine and identify the historical factors that have significantly contributed to the growth/ expansion and prosperity of SMEs in the Republic of Korea and to evaluate and assess the impact of historical factors on the economic progress/ development, innovation, and job creation within SMEs in South Korea. To achieve the purpose of the current study, the present author has investigated the comprehensive literature investigation and figured out a total of four Key historical factors of SMEs for Economic Growth in the Republic of Korea, such as (1) Government Policies, (2) Technological Advancements, (3) Access to Finance, (4) International Trade. In conclusion, this study has undertaken a thorough investigation into the four critical historical factors that have significantly affected the development and achievements of SMEs in the Republic of Korea. By addressing a notable gap in current scholarly work, this study not only adds to the existing pool of knowledge but also provides valuable insights for various stakeholders. Practitioners/ professionals should proactively participate in government support initiatives/ programs and financial aid. SMEs can benefit from monetary incentives and donations/ grants intended to stimulate research and development, creativity, and international trade ventures.

건설업의 산업재해 사고사망자 감소 영향요인 분석 - 경제적 요인 및 노동력 요인을 중심으로 - (Analysis on Reduction Effect Factors of Occupational Accident Fatalities in Construction Industry - Focusing on Economic and Workforce Factors -)

  • 송병춘;원정훈
    • 한국안전학회지
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    • 제35권2호
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    • pp.55-60
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    • 2020
  • The purpose of this study is to analyze the influence of the economic and workforce factors on the annual number of occupational accident fatalities occurring at the construction sites. The considered variables of the economic factor are the amount of economic losses caused by industrial accidents, the GDP, and the total monthly wage for each economically active population. And, the variables related to the workforce factor are the number of economically active population, the number of female economically active population, and the number of labor union members. The multiple regression analysis was conducted to determine the effect of two factors on the total number of occupational fatalities in the construction industry. The results show that GDP among considered variables in the economic factor had a statistically significant negative relationship with the number of the construction accident fatalities in the construction industry. Among variables related to the workforce factor, economically active population showed a statistically significant negative relationship with the number of the construction accident fatalities.

중고령 여성의 경제적 노후준비에 관한 연구 (A Study on economic preparations for aging of middle-old aged women)

  • 박효진
    • 한국산학기술학회논문지
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    • 제16권10호
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    • pp.6618-6626
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    • 2015
  • 본 연구는 중고령 여성의 경제적 노후준비에 영향을 미치는 요인을 파악하기 위한 목적으로 이루어졌다. 이를 위하여 국민연금연구원의 국민노후보장패널 4차 데이터 활용하여 분석을 실시하였다. 먼저 경제적 노후준비에 따른 중고령 여성의 노후생활에 대한 특성을 살펴보았으며, 경제적 노후준비에 영향을 미치는 요인을 분석하였다. 연구결과 중고령 여성의 경제적 노후준비에 영향을 미치는 요인으로는 교육수준, 건강상태, 청소년기 자녀 수, 청년기 자녀 수, 공적연금 가입, 금융자산, 부채가 나타났다. 이러한 연구결과를 바탕으로 중고령 여성의 경제적 노후준비에 대한 논의 및 제언이 이루어졌다.

노인의 사회 경제적 수준과 주관적 건강수준과의 관계 (The relationship between socio-economic factors and self-rated health among older people)

  • 이후연;김성아;이혜진;정상혁
    • 보건행정학회지
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    • 제15권2호
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    • pp.70-83
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    • 2005
  • The purpose of this paper is to examine the relationship between socio-economic factors and self-rated health among older people living in the community. In addition, the study tries to determine whether risk differentials by these socio-economic factors can be explained by other demographic factors, chronic diseases, and functional status. We surveyed to investigate the self-rated health of 397 study samples which had been selected by stratified randomized sampling, $2.7\%$ by each Dong (district) of S-city in Gyeonggi-do. Our study found that the socioeconomic factors such as income, occupation, and insurance were significantly associated with self-rated health. The level of social economic status was positively associated with the level of self-rated health. Two-staged multivariate analysis demonstrated that this relationship was still significant even after adjustment for demographic factors, chronic diseases, and functional status. In conclusion, there are wide socio-economic disparities in self-rated health of older people in this community. It is important that government should know not only health status but also the health-associated factors in order to prepare for the aged society and improve the health status of the elderly. Further researches should uncover causality and mechanism by which SES affects changes in functional health among the elderly.

Eurasian Economic Union: Asymmetries of Growth Factors

  • Khusainov, Bulat D.;Kireyeva, Anel A.;Sultanov, Ruslan
    • The Journal of Asian Finance, Economics and Business
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    • 제4권1호
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    • pp.51-58
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    • 2017
  • The aim of the study is to assess the asymmetry of influence of factors of economic growth of national economies, which are included in the integration. Unlike previous research, the scientific significance of the obtained results consists in the use of a new method of study - external demand as a factor of economic growth, disaggregated into two components. The first is net exports mutual trade in goods within integration associations. The second is net exports of foreign trade in goods outside the integration. By use of these methods we have evaluated the contribution of these factors on economic growth of the Customs Union and the Common Economic Space (CU/CES), as well as Kazakhstan, Russia and Belarus. In the conducted analysis of scientific research was based on the fact that the economies of the member (CU/CES) are very different in scale, economic potential and volume of foreign trade. Based on this research we conclude: integration is developing successfully and efficiently only with the rise of the national economies of the member countries; to enhance economic growth and competitiveness of the countries of the Eurasian integration it is necessary to increase the volume of mutual trade of member countries of this integration.

Determinants of Economic Segregation and Spatial Distribution of Poverty

  • Park, Yoonhwan
    • 유통과학연구
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    • 제17권3호
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    • pp.21-30
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    • 2019
  • Purpose - While many related prior studies have focused on the segregation by race and ethnicity, the academic interest in the separation of residence by income and social class is gradually increasing. This study aims to not only investigate spatial pattern of economic segregation and poverty rate in South Korea, but also shed light on what affect residential distribution of the poor. Research design, data, and methodology - The unit of analysis is Si-Gun-Gu municipal level entities of South Korea. Most demographic, socioeconomic, and residential variables were derived from Korean Census Data in 2015. In order to examine spatial patterns of economic segregation and poverty rate in South Korea, a series of measurements and visualization was conducted through the Geo-Segregation Analyzer and ArcGIS programs. Determinants of economic segregation and local poverty rates were investigated by regression analyses using STATA. Results - The spatial patterns of areas with high poverty rates were extremely clustered, while the distribution of areas with high economic segregation was relatively evenly distributed. Demographic, residential, and local factors appeared to affect whether the poor live in particular area or spread evenly. Conclusions - The factors that raise the poverty rate result in lower level of economic segregation, while factors that reduce the poverty rate lead to severe level of economic segregation.