• 제목/요약/키워드: Economic Growth Coefficient

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순운의 축적 및 Leximin 재분배에 따른 Gini계수의 변화 (What will Happen to the Gini Coefficient When Brute Luck is Accumulated and Leximin-redistributed?: A Simulation Approach)

  • 김정훈
    • 사회경제평론
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    • 제38호
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    • pp.9-49
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    • 2012
  • 순운은 개인이 선택하거나 통제할 수 없는 - 선택하거나 통제할 수 없기 때문에 개인에게 책임이 따르지 않는 - 운을 의미한다. 순운의 행불운은 개인에 따라 갈린다. 개인 간 행불운의 차이 때문에 불평등이 발생한다. 운-평등주의적 정의는 순운에 의한 개인 간 행불운의 차이를 재분배를 통해서 제때에 완전하게 제거할 것을 요구한다. 그러나 개인 간 행불운의 차이가 제때에 완전하게 제거되지 않는다면, 더 나아가 개인별행불운이 쌓인다면, 불평등이 어떻게 변할까? 논문은 순운의 행불운을 하늘에서 떨어지는 만나(manna)로서 모형화한다. 만나는 재분배되고 축적된다. 다양한 leximin 재분배 수준과 만나 축적률의 조합에서 만나 축적량 분포의 Gini 계수를 구하는 모의실험을 하였다. Leximin 재분배 수준에 따라 만나 축적률이 높을수록 Gini 계수가 낮은 부(-)의 관계 혹은 만나 축적률이 높을수록 Gini 계수가 높은 정(+)의 관계가 결정된다. Leximin 재분배의 도입이 빠를수록 부(-)의 관계를 갖는 최소 leximin 재분배 수준이 낮다. 낮은 수준의 재분배 정책을 이른 시기에 도입하는 것이 높은 수준의 정책을 늦은 시기에 도입하는 것보다 효과적이다. '선성장 후분배'류의 정책이 개인에게 책임을 물을 수 없는 순불운의 희생자들을 더욱 불리하게 만들 수 있다는 정책적 함의가 있다.

플렉시블 CIGS 태양전지 제조를 위한 저온 나노입자공정 (Low Temperature Nanopowder Processing for Flexible CIGS Solar Cells)

  • 박진호;;;박준영
    • 한국신재생에너지학회:학술대회논문집
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    • 한국신재생에너지학회 2010년도 춘계학술대회 초록집
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    • pp.61.1-61.1
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    • 2010
  • $CuIn_{1-x}-GaxSe_2$ based materials with direct bandgap and high absorption coefficient are promising materials for high efficiency hetero-junction solar cells. CIGS champion cell efficiency(19.9%, AM1.5G) is very close to polycrystalline silicon(20.3%, AM1.5G). A reduction in the price of CIGS module is required for competing with well matured silicon technology. Price reduction can be achieved by decreasing the manufacturing cost and by increasing module efficiency. Manufacturing cost is mostly dominated by capital cost. Device properties of CIGS are strongly dependent on doping, defect chemistry and structure which in turn are dependent on growth conditions. The complex chemistry of CIGS is not fully understood to optimize and scale processes. Control of the absorber grain size, structural quality, texture, composition profile in the growth direction is important to achieving reliable device performance. In the present work, CIS nanoparticles were prepared by a simple wet chemical synthesis method and their structural and optical properties were investigated. XRD patterns of as-grown nanopowders indicate CIS(Cubic), $CuSe_2$(orthorhombic) and excess selenium. Further, as-grown and annealed nanopowders were characterized by HRTEM and ICP-OES. Grain growth of the nanopowders was followed as a function of temperature using HT-XRD with overpressure of selenium. It was found that significant grain growth occurred between $300-400^{\circ}C$ accompanied by formation of ${\beta}-Cu_{2-x}Se$ at high temperature($500^{\circ}C$) consistent with Cu-Se phase diagram. The result suggests that grain growth follows VLS mechanism which would be very useful for low temperature, high quality and economic processing of CIGS based solar cells.

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가계대출을 조건변수로 사용하는 소비 준거 자본자산 가격결정모형 (Can Bank Credit for Household be a Conditional Variable for Consumption CAPM?)

  • 권지호
    • 아태비즈니스연구
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    • 제11권3호
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    • pp.199-215
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    • 2020
  • Purpose - This article tries to test if the conditional consumption capital asset pricing model (CCAPM) with bank credit for household as a conditional variable can explain the cross-sectional variation of stock returns in Korea. The performance of conditional CCAPM is compared to that of multifactor asset pricing models based on Arbitrage Pricing Theory. Design/methodology/approach - This paper extends the simple CCAPM to the conditional version of CCAPM by using bank credit for household as conditioning information. By employing KOSPI and KOSDAQ stocks as test assets from the second quarter of 2003 to the first quarter of 2018, this paper estimates risk premiums of conditional CCAPM and a variety of multifactor linear models such as Fama-French three and five-factor models. The significance of risk factors and the adjusted coefficient of determination are the basis for the comparison in models' performances. Findings - First, the paper finds that conditional CCAPM with bank credit performs as well as the multifactor linear models from Arbitrage Pricing theory on 25 test assets sorted by size and book-to-market. When using long-term consumption growth, the conditional CCAPM explains the cross-sectional variation of stock returns far better than multifactor models. Not only that, although the performances of multifactor models decrease on 75 test assets, conditional CCAPM's performance is well maintained. Research implications or Originality - This paper proposes bank credit for household as a conditional variable for CCAPM. This enables CCAPM, one of the most famous economic asset pricing models, to conform with the empirical data. In light of this, we can now explain the cross-sectional variation of stock returns from an economic perspective: Asset's riskiness is determined by its correlation with consumption growth conditional on bank credit for household.

Evaluating Performance of Vietnamese Public Hospitals Based on Balanced Scorecard

  • PHAM, Cuong Duc;VU, Sen Thi;PHAM, Yen Thi Kim;VU, Nam Thi
    • The Journal of Asian Finance, Economics and Business
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    • 제7권6호
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    • pp.339-349
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    • 2020
  • The study evaluates the performance of public hospitals in Vietnam by applying the Balanced Scorecard (BSC). The authors first review the literature to find the research gap of performance in public hospitals. Then, we built Likert questionnaires to collect data from more than 200 managers of public hospitals in the Northwestern provinces of Vietnam. The research uses correlation regression to evaluate the performance based on the influence of factors in the BSC model, including Strategic planning, Internal process, Finance, Mission, Customer, and Employee learning and growth. The results show that the performance of public hospitals in the research sample is influenced by the factors in the BSC model in descending order based on the regression coefficient as follows: Internal process, Finance, Mission, Strategic planning, Customer, Employee learning and growth. Based on the quantitative research findings, we continue by conducting some deep interviews with specialty to propose intensive recommendations about how to implement Mission, Internal process, Financial policies, etc. to managers in public hospitals with an aim to improve the performance of public hospitals in the Northwestern mountainous region of Vietnam. The lessons could be applied for other public hospitals in Vietnam and other jurisdictions that have similar conditions.

Nuclear energy consumption and CO2 emissions in India: Evidence from Fourier ARDL bounds test approach

  • Ozgur, Onder;Yilanci, Veli;Kongkuah, Maxwell
    • Nuclear Engineering and Technology
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    • 제54권5호
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    • pp.1657-1663
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    • 2022
  • This study uses data from 1970 to 2016 to analyze the effect of nuclear energy use on CO2 emissions and attempts to validate the EKC hypothesis using the Fourier Autoregressive Distributive Lag model in India for the first time. Because of India's rapidly rising population, the environment is being severely strained. However, with 22 operational nuclear reactors, India boasts tremendous nuclear energy potential to cut down on CO2 emissions. The EKC is validated in India as the significant coefficients of GDP and GDP.2 The short-run estimates also suggest that most environmental externalities are corrected within a year. Given the findings, some policy recommendations abound. The negative statistically significant coefficient of nuclear energy consumption is an indication that nuclear power expansion is essential to achieving clean and sustainable growth as a policy goal. Also, policymakers should enact new environmental laws that support the expansion and responsible use of nuclear energy as it is cleaner than fossil fuels and reduces the cost and over-dependence on oil, which ultimately leads to higher economic growth in the long run. Future research should consider studying the nonlinearities in the nuclear energy-CO2 emissions nexus as the current study is examined in the linear sense.

Energy-related CO2 emissions in Hebei province: Driven factors and policy implications

  • Wen, Lei;Liu, Yanjun
    • Environmental Engineering Research
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    • 제21권1호
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    • pp.74-83
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    • 2016
  • The purpose of this study is to identify the driven factors affecting the changes in energy-related $CO_2$ emissions in Hebei Province of China from 1995 to 2013. This study confirmed that energy-related $CO_2$ emissions are correlated with the population, urbanization level, economic development degree, industry structure, foreign trade degree, technology level and energy proportion through an improved STIRPAT model. A reasonable and more reliable outcome of STIRPAT model can be obtained with the introducing of the Ridge Regression, which shows that population is the most important factor for $CO_2$ emissions in Hebei with the coefficient 2.4528. Rely on these discussions about affect abilities of each driven factors, we conclude several proposals to arrive targets for reductions in Hebei's energy-related $CO_2$ emissions. The method improved and relative policy advance improved pointing at empirical results also can be applied by other province to make study about driven factors of the growth of carbon emissions.

어류양식장 생산계획에 관한 연구 (Production planning in fish farm)

  • 어은양
    • 수산경영론집
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    • 제46권3호
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    • pp.129-141
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    • 2015
  • Because land based aquaculture is restricted by high investment per rearing volume and control cost, good management planning is important in Land-based aquaculture system case. In this paper master production planning was made to decide the number of rearing, production schedule and efficient allocation of water resources considering biological and economic condition. The purpose of this article is to build the mathematical decision making model that finds the value of decision variable to maximize profit under the constraints. Stocking and harvesting decisions that are made by master production planning are affected by the price system, feed cost, labour cost, power cost and investment cost. To solve the proposed mathematical model, heuristic search algorithm is proposed. The model Input variables are (1) the fish price (2) the fish growth rate (3) critical standing corp (4) labour cost (5) power cost (6) feed coefficient (7) fixed cost. The model outputs are (1) number of rearing fish (2) sales price (3) efficient allocation of water pool.

기술혁신이 생산성과 경제성장에 미치는 영향 (The Contribution of Innovation on Productivity and Growth in Korea)

  • 김병우
    • 기술혁신학회지
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    • 제11권1호
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    • pp.72-90
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    • 2008
  • 기술혁신이 경제성장에 미치는 영향은 어떠한가? 이는 전통적으로 지식스톡을 반영하는 성장회계법에 의해 분석되었다. R&D에 대한 수익률 추정은 특허와 같은 R&D 산출이 지식축적에서 기인하는 것으로 파악한다. Griliches(1973)는 이를 위해 회귀분석 방법을 사용하였다. 본 연구에서는 기존 성장회계법에서의 추정방법과 달리 R&D 효율성을 나타내는 파라미터가 시간이 지남에 따라 변동(time-varying)하는 것을 허용하는 상태공간 모형(state-space model)을 통해 한국경제의 R&D 효율성(fertility)을 추정하였다. R&D 스톡의 생산성에 대한 탄력성은 $0.120{\sim}0.135$ 정도로 추정되었다.

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노인의 소득구조 불평등 기여도 분석 (An Analysis of the Contribution of the Elderly to Income Inequality)

  • 신규철;이용재
    • 한국콘텐츠학회논문지
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    • 제21권8호
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    • pp.478-488
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    • 2021
  • 본 연구는 노년기 경제적 불평등을 2007년부터 2018년까지의 한국복지패널조사 자료에서 지니계수와 10분위 분배율로 노인의 소득불평등 기여도의 변화를 분석하였다. 연구결과 전체소득의 지니계수는 2007년 0.430, 2018년 0.383으로 점진적으로 불평등이 줄어들고 있었다. 또한, 소득분위가 높아질수록 소득증가율이 높아졌다. 시간이 지남에 따라 시장소득 불평등은 증가하였고 공적이전소득과 사적이전소득의 불평등은 감소하였다. 전체소득에 대한 소득구조의 불평등 기여도 분석결과, 시간이 지남에 따라 사적이전소득의 불평등 완화 역할을 공적이전소득이 대체하고 있었다. 노인의 기초생활유지를 위한 공적이전소득의 확대는 사적이전소득의 구축효과에도 불구하고 중요한 노인 소득원이며, 노인의 소득구조의 구성요소인 시장소득, 공적이전소득, 사적이전소득은 상호 전체소득을 보완하는 성격이 있어 노인의 소득불평등을 완화하는데 기여한 소득원을 파악하여 정책에 반영하는 것이 중요하다.

A Study on the Progress of Growth Promotion in Koreans by Maximum Growth Age for Height

  • Park, Soon-Young;Park, Jung-Min;Nam, Byung-Jip
    • 보건교육건강증진학회지
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    • 제19권4호
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    • pp.77-97
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    • 2002
  • Since growth promotion was defined by Koch(1935), many researches like Benholdt and Thomsen(1942) have conducted studies for understanding problem of puberty growth. Growth promotion means that growth is developed in puberty, and several researchers have reported that the more becomes economic growth, the more becomes growth promotion. Thereupon, this study was attempted to find Maximum Growth Age(M.G.A.), as an index of height growth promotion in Korea, which was obtained by longitudinal observations of the same group. Thus, this study can explain the earlier tendency of growth. To investigate domestic changes in M.G.A., M.G.A. was calculated with the results of cross-sectional researchs using 25 representative papers between 1940-1953 including measurements by Lee(1940) and data by Kim(1953) in this study. Based on the research data published between 1940 and 2000, height and M.G.A. of males and females who were born between 1925 and 1983 were gotten by years, and a trend of growth promotion for height in Koreans was suggested by examining study subjects. Findings of this study are as follows; 1. M.G.A. for height decreased both in males and females; for males, 14.28 years in 1940, 14.24 in 1953, 13.86 in 1967, 12.74 in 1985, and 11.71 in 2000; for females, 12.0 in 1940, 11.52 in 1965, 10.00 in 1978 and 9.77 in 2000. 2. Regression equations and standard errors of estimate concerning M.G.A. for height by years were obtained; for males, Y$_1$(M.G.A.) = 17.21 - 0.059X$_1$, S$_{Y1X1}$(standard error of estimate about the regression line) = ${\pm}$0.62; for females, Y$_2$(M.G.A.) = 13.81-0.042X$_2$, S$_{Y2X2}$(standard error of estimate about the regression line) = ${\pm}$0.64 3. As a result of finding correlation between year and M.G.A. r=-0.763 (p<0.001) for male and r=-0.699(p<0.001) for female were obtained 4. From a view that the growth promotion has been continued before 2000, M.G.A. decreased 0.6 years for male and 0.4 for female per 10 years. 5. M.G.A. for height is as shown in Table 2. 6. It is thought that the future trend of growth promotion for height will follow the progress from 1940s to now. It shall be reviewed again after development of coming several years is investigated.