• Title/Summary/Keyword: Economic Measures

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Economic Impact of Government Archives (공공기록관의 경제적 효과)

  • Yakel, Elizabeth
    • Journal of Korean Society of Archives and Records Management
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    • v.12 no.3
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    • pp.155-176
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    • 2012
  • Economic impact analyses have not been widely conducted in archives. This article reports on a two parallel surveys in the US and Canada to assess the economic impact of government archives (state, provincial, territorial, county, and municipal). The surveys utilize indirect measures of economic impact. Responses from 2,534 people in 66 archives were analyzed. Findings indicate that archives were the primary reason that respondents visited an area and that visitors exhibit specific patterns of visiting the archives in conjunction with other cultural organizations in an area. Furthermore, while many respondents used local eateries, fewer rented lodgings or spent money on theater or sporting events. As a result, the archives participating in this survey did have a modest impact on local economies. The article concludes by discussing three major questions about the evaluation of the economic impact of archives which were raised by the findings: 1) Are indirect measures the most appropriate means of assessing economic impact in archives or should archives employ direct measures as used by public libraries? 2) How should government archives formulate their value proposition and should those value propositions focus on other aspects of archives' impact, such as the social impact, to demonstrate archives' important role in society? and 3) Since visitors exhibited distinct visitation patterns, should archives work more with these other aligned organizations and work on larger forms of collective impact that benefit the entire cultural heritage sector in an area?

A Study of Business Cycle Index Using Dynamic Factor Model (동태적 요인모형을 이용한 경기동행지수 개발에 관한 연구)

  • Na, In-Gang;Sonn, Yang-Hoon
    • Environmental and Resource Economics Review
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    • v.9 no.5
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    • pp.903-924
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    • 2000
  • This paper examines the alternative method to measure the state of overall economic activity. The macroeconomic variables, used for business cycle, take more than a month after a period for collection and aggregation. The electricity generation data is compiled in mechanical ways just after the period. Based on this fact, we develop the two stage estimation method for coincident economic indicators in order to detect the business cycle in an earlier period, using Stock-Watson's Dynamic Factor Model. Using monthly data from 1970 to 1999, it is found that the experimental coincidence economic indicators are well-fitted to data and also that the estimates of two stage estimation method have good explanatory power, equivalent to the experimental coincidence economic indicators. While the RMSE of coincidence economic indicators is found to be 1.27%, that of the experimental coincidence economic indicators is found to be 1.31% and that of the two stage estimation method is around 1.44%. If we take consideration into the fact that it measures the business cycle in one month earlier, we come to the conclusion that the two stage estimation is of great use.

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Optimal Inflation Threshold and Economic Growth: Ordinal Regression Model Analysis

  • DINH, Doan Van
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.5
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    • pp.91-102
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    • 2020
  • The study investigates the relationship between the inflation rate and economic growth to find out the optimal inflation threshold for economic growth. Therefore, this study applied an ordinary least square model (OLS) and the ordinal regression model, and collected the time-series data from 1996 to 2017 to test the relationship between inflation and economic growth in the short-term and long-term. The sample fits the model and is statistically significant. The study showed that 96.6% of correlation between inflation rate and economic growth are close and 4.5% of optimal inflation threshold is appropriate for economic growth. It finds that the optimal inflation threshold is base to perform economic growth, besides the inflation rate is positively related to economic growth. The results support the monetary policy appropriately. This study identifies issues for Government to consider: have a comprehensive solution among macroeconomic policies, monetary policy, fiscal policy and other policies to control and maintain the inflation and stimulate growth; have appropriate policies to regulate inflation to stimulate economic growth over the long term; set a priority goal for sustainable economic growth; not pursue economic growth by maintaining the inflation rate in the long term, but take appropriate measures to stabilize the inflation at the optimal inflation threshold.

COVID-19 and Aviation Medical Examination (코로나바이러스감염증-19 (COVID-19)과 항공신체검사)

  • Kwon, Young Hwan
    • Korean journal of aerospace and environmental medicine
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    • v.30 no.3
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    • pp.86-90
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    • 2020
  • Coronavirus disease 2019 (COVID-19) has had a significant impact on our society as a whole. The COVID-19 pandemic is not only a health crisis, it is also an economic, social and humanitarian crisis. Considering the dramatic global economic and social impact that the crisis has engendered, the aviation system is standing on the doorstep of rapid transformation. In particular, the impact on the aviation and travel industries is enormous. Air travel to most countries has been suspended and blocked. Looking at Korea's current situation, COVID-19 has wholly changed the aviation industry. As COVID-19 spreads around the world, countries have come up with aviation safety measures. Infectious disease safety measures were established to protect passengers and crew members, and countries with collapsed medical systems extended the validity period for aviation medical examinations. In Korea, on August 11, the Ministry of Land, Infrastructure and Transport provided guidance on medical measures related to COVID-19 through an official letter of "Notification of cautions for pilots and air traffic control officers (ATCO) when COVID-19 is confirmed". Overseas countries such as the United States and the United Kingdom have announced regulations for aviation medical examination regulations in relation to COVID-19, and have set standards for returning to aviation after COVID-19 is confirmed. In this paper, we would like to investigate the regulations for aviation medical examination related to COVID-19.

Cost Analysis of Fall Accidents in Domestic Construction Industry (국내 건설산업의 추락재해 비용 분석)

  • Sa, Young Bae;Choi, Sung Uk;Cho, Won Cheol;Lee, Tae Shik
    • Journal of Korean Society of Disaster and Security
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    • v.5 no.1
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    • pp.1-6
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    • 2012
  • This study analyzed the direct costs of fall accidents, which have the highest accident rate, for domestic construction industry workers. Firstly, the average insurance payment per person due to fall accidents in the construction industry is around 19 million won (18,971,000 won). Given that the average number of workers suffering fall accidents over ten years is 5,863, the total cost of losses from fall accidents is about 1.1 trillion won (111,360,000,000 won). Secondly, a cost-based economic feasibility analysis was done to develop nonstructural preventive measures for fall accidents. Since there was no data expressing the costs and effects of preventive measures in terms of monetary value, the economic feasibility analysis was attempted with a focus on how much the newly introduced preventive measures can reduce the accident loss costs due to fall accidents. Thirdly, if the accident loss size is grasped and the preventive measures for the causes of fall accidents are developed and strictly implemented, the insurance fee that can reduce the accident loss costs can be determined. Further study is needed to estimate the benefit of the accident loss cost reduction seen from the cost-based approach method.

Values and Utilization Measures of Stone Walls in Jeju Island as Place Assets (장소자산으로서 제주 돌담의 가치와 활용방안)

  • Jeong, Kwang-Joong;Kang, Seong-Gi
    • Journal of the Economic Geographical Society of Korea
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    • v.16 no.1
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    • pp.99-117
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    • 2013
  • This study aims to suggest the values and utilization measures of the stone walls in Jeju Island as place assets. The discussion on this subject may serve as a breakthrough to resolve the current situation where the stone walls in Jeju Island have been focused on for their potential value not for their practical value as place assets. Moreover, specific measures to utilize Jeju stone walls may become a vehicle to seek the sustainable development of the region. This study discussed the types, functions and values of the stone walls in Jeju Island as place assets and suggested practical measures to use the structures based on their regional distribution. The in-depth discussions largely concluded that there might be five values and seven utilization measures with regard to the Jeju stone walls. The results of the study are expected to be utilized as a new indicator for the regional development of Jeju Island.

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A Study on Some Consideration of Marime Casualities and Prevention Measures against them of Vessels engaged in Near-coastal and Greater-coasting Seas (연.근해 운항선박의 해난실태와 사고방지대책)

  • 윤점동;이윤철
    • Journal of the Korean Institute of Navigation
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    • v.15 no.1
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    • pp.67-93
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    • 1991
  • In general, marine casualities take palace by the composite action of three elements such as waterway condition, vessel condition and man condition. One of the important characteristics of most marie casualties for small cargo vessels in maritime transportation of near-coastal and greater-coasting seas in that the same kind of casualities take place repeatedly in spite of the apprent causes, Because, it takes much time and effort for seamen to master waterway, vessel or operatin technique only to the practical and sensible level. In these days, with the development of our economy, our shiypping industry has grown and therefore the demand of marine officers has increased. This economic growth brought about undesirable situation like the evasion of seamen and frequent casualities of Korea vessels. These marine casualities are being caused mainly by the unskilfulness of operating technique as well as the bad waterway condition and ship's installation condition. Therefore, I conclude, in this paper, that the most efficient and economic preventing measures of marine casualities are seeking causes and removing them in advance under the close coperation system among all concerned parties.

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Evaluation of Operational Rules for Container Terminals Using Simulation Techniques (시뮬레이션 기법을 이용한 컨테이너터미널 운영규칙의 평가)

  • 장성용;이원영
    • Journal of Korea Port Economic Association
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    • v.18 no.1
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    • pp.27-41
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    • 2002
  • This paper deals with the development of a simulation model for the container terminal, which consists of 3 berths, 8 container cranes, and 16 yard blocks with each yard crane and 90 yard trucks in order to evaluate the various operational rules. The proposed operational rules are 3 ship-dispatching rules, 3 berth allocation rules, 2 crane allocation rules, 2 yard allocation rules, and 2 yard truck allocation rules. These rules are simulated using 4 performance measures, such as ship time in the terminal, ship time in the port, the number of ships processed, and the number of containers handled. The simulation result is as follows: 1) there is no difference among 3 ship-dispatching rules, 2) berth allocation rules depend on performance measures, 3) dynamic crane allocation is better than fixed policy, 4) pooling yard allocation is better than short distance yard allocation rules, and 5) fixed yard truck allocation by berth is a little better than pooling policy.

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Supporting Policy Scheme for the Youth's Entrance to Farming in Japanese (일본의 청년 신규 취농 지원 정책과 시사점)

  • Kim, Jongin;Kim, Jeongseop
    • Journal of Agricultural Extension & Community Development
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    • v.23 no.2
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    • pp.115-122
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    • 2016
  • For 20 years, Japanese government have been pushed forward supporting policy measures for youths who wanted to start farming. These measures made up a systematized scheme and brought out some effects. In this paper, those scheme are introduced and analyzed. Those are composed of several measeurs as following: vocational edcucation and training, internship program, direct payment for livelihood, and governmental subsidies for investment. Japanese scheme can be evaluated as a good policy in the view of Korean situation. There is no systematic policy program for youth's entrance to farming in Korea.

DSM Potential Evaluation and Procedures on Commercial Sector (업무용 부문의 DSM 잠재량 평가절차 및 절전잠재량 추정)

  • Rhee, Chang-Ho;Park, Jong-Jin;Jo, In-Seung
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.48 no.5
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    • pp.531-537
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    • 1999
  • This paper presents the evaluaton procedures and the estimation model for DSM potential on commercial sector in Korea. In general, the evaluation process of the potential savings for DSM measures or programs consists of baseline electricity consumption forecast and potential evaluation such as technical potential(TP), economic potnetial(EP), and achievable potential(AP). A library of energy conservation measures applicable to each end-use or apparatus is developed, and energy savings and other factors are applied to the baseline demand estimates of consumption to produce potential savings estimates. The purpose of this paper is to establish the evaluation process of those DSM potential for commercial sector. In case study, we applied it to commercial sector for horizon years by end-use.

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