• Title/Summary/Keyword: Economic and non-economic

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The Possibility of Unemployed Married Women's Entering into the Labor Market (비취업 기혼 여성의 취업의사와 영향요인 분석)

  • 김혜연
    • Journal of the Korean Home Economics Association
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    • v.35 no.2
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    • pp.81-94
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    • 1997
  • The purpose of this study is to identify the possibility of unemployed married women's economic activity by analysing their willingness to work and possible influencial factors on it. This study estimates the effects of independent variables on the dependent available by using Binomial Probit Model. sample are 592 two-parent households. The results of this study are as follows ; The percentage of unemployed married women's willingness to enter into the labor market is 25.2%. Among the variables which have affected their willingness are family variables(family size, the number of children and the existence of children under the age of 6), personal variables(the age, education level and the past working experience) and financial variables(non-wage income, Engel's coefficient, expenditure o leisure activities and the subject judgement of their financial status). It is hard to accept those women's low willingness as is since the most crucial statistically was especially the children of 6 or less among the family variables. That is to say, more favorable conditions of the labor market and inexpensive day-care centres available would certainly encourage married women to be more willing to participate in economic activities as employees.

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Economic Machining Process Models Using Simulation, Fuzzy Non-Linear Programming and Neural-Networks (시뮬레이션과 퍼지비선형계획 및 신경망 기법을 이용한 경제적 절삭공정 모델)

  • Lee, Young-Hae;Yang, Byung-Hee;Chun, Sung-Jin
    • Journal of Korean Institute of Industrial Engineers
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    • v.23 no.1
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    • pp.39-54
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    • 1997
  • This paper presents four process models for machining processes : 1) an economical mathematical model of machining process, 2) a prediction model for surface roughness, 3) a decision model for fuzzy cutting conditions, and 4) a judgment model of machinability with automatic selection of cutting conditions. Each model was developed the economic machining, and these models were applied to theories widely studied in industrial engineering which are nonlinear programming, computer simulation, fuzzy theory, and neural networks. The results of this paper emphasize the human oriented domain of a nonlinear programming problem. From a viewpoint of the decision maker, fuzzy nonlinear programming modeling seems to be apparently more flexible, more acceptable, and more reliable for uncertain, ill-defined, and vague problem situations.

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An Analysis of Economic Benefits derived from the Construction of One-Stop Seafood Export Complex - with reference to the case of GamCheon Port - (One-Stop 수산물 수출단지의 조성에 따른 경제적 편익분석 - 부산 감천항의 사례를 중심으로 -)

  • Pak, Myong-Sop;Lee, Kwang-Nam
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.20
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    • pp.181-212
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    • 2003
  • Many seafood processing and export companies are scattered in Pusan area. Most of them has experienced hardships, because of physical distribution and sanitary costs, rent costs and Non-tariff barriers. GamCheon One-Stop Seafood Export Complex (GOSEC) is considered as the project which is necessary to establish GamCheon port as the seafood trade hub of Northeast Asia. GOSEC is to build the processing and export complex for seafood export. It applies to small and medium seafood export company. This paper aims to examine the economic benefit which could be derived from the construction of GOSEC. It reviews the quantifiable benefits of companies which wants to move into GOSEC. It also shows the results of questionnaire carried out to find the characteristics of potential GOSEC tenants.

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A Study on Relationship between Customer Satisfaction Measure and Financial Performance (KS-SQI를 이용한 고객만족도와 기업재무성과간의 관계에 연구)

  • Song, Sang-Min;Cho, Jai-Rip
    • Proceedings of the Korean Society for Quality Management Conference
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    • 2009.10a
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    • pp.109-114
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    • 2009
  • Recently, there has been growing interest in the financial and economic effectiveness of service quality and customer satisfaction. It means that the final goal of customer satisfaction is the maximization with firms' financial performance, enterprise could survive through the creation of continuous financial performance. Companies are working in various ways to identify the direct relationship of service quality and customer satisfaction with financial and economic effectiveness in order to justify and validate customer satisfaction management. In this study, the influence of customer satisfaction on the financial performance is examined. Also, we have analyzed customer satisfaction by comparing financial outcome of each industry Customer satisfaction index, the key non-financial performance measure has significant association with firms' financial performance index. Moreover, high customer satisfaction has a competitive advantage, so it can be the key success factor of firm's financial performance improvement.

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Optimal Environmental and Economic Operation using Evolution Strategy (전력계통의 환경적.경제적운용을 위한 진화기법의 응용)

  • Lee, Won-Ju;Park, Chang-Joo;Kim, Kyu-Ho;You, Seok-Ku
    • Proceedings of the KIEE Conference
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    • 1997.07c
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    • pp.1088-1090
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    • 1997
  • This paper presents an effective methodology of optimal environmental and economic operation using evolution strategy. In power systems, evolution strategy, based on natural selection and genetics, can analyze non-linear and discontinuous functions in global search techniques. The formulation using this search techniques is multi-objective function, which consists of fuel cost and environmental effects concerning the pollution of the Earth's atmosphere caused by the emission of $SO_2$ and $NO_x$ from thermal generator plants. The proposed algorithms are applied on system with 6 generator.

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Parts Processing Route and Economic Design in Flexible Manufacturing Systems employing AGVs for Transport (무인 반송시스템을 이용하는 유연 제조시스템에서 작업경로와 경제적 설계)

  • 장석화
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.21 no.46
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    • pp.19-32
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    • 1998
  • This paper addresses the processing route of parts and economic design in flexible manufacturing systems (FMSs) employing AGVs for Transport. Parts are processed through several workstations according to operation sequences. The machine of each workstation can do multiple operation functions. The operation stage of a part can be processed in several workstations, which are non-identical in functional performance. The objective of this paper is to determine the processing route of parts, number of machines at each workstation, number of vehicles. The model is assumed that the operation stage of parts can be processed at the only one among several available workstations. Parts are transported by automated guided vehicle system(AGVS). The decision criteria is to minimize the sum of processing cost, travel cost, operating cost. A model formulation is represented. A solution algorithm is suggested by using mathematical programming and simulation technique, and a numerical example is shown.

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Minimum Wages and Firm Exports: Evidence from Vietnamese Manufacturing Firms

  • Nguyen, Dong Xuan
    • East Asian Economic Review
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    • v.25 no.1
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    • pp.99-121
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    • 2021
  • This paper investigates the relationship between the minimum wage and firm's export behavior by using firm-level data of Vietnamese manufacturing enterprises over the period 2010 through 2015. In this regard, I apply the logistic regression model for the probability of exporting and the differences-in-differences analysis to the data, and find that raising minimum wage standards drive no new exporters but a rise in a firm's export sales. Less productive and more labor-intensive firms raise their amount of exports in response to increasing minimum wage levels. Being exposed to increasing minimum wage levels makes a firm under-perform in terms of export sales compared to non-exposed firms.

The Relief Effect of Copayment Decreasing Policy on Unmet Needs in Targeted Diseases (산정특례제도가 미충족 의료경험에 미치는 영향: 2·4차 한국의료패널자료를 이용하여)

  • Choi, Jae-Woo;Kim, Jae-Hyun;Park, Eun-Cheol
    • Health Policy and Management
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    • v.24 no.1
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    • pp.24-34
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    • 2014
  • Background: Bankrupted households have recently been increased due to excessive medical expenditure in Korea. They have not been protected from economic risk when household's member has severe diseases that need a lot of money for treatment. Purpose of this study examines policy effect by comparing unmet needs' change of policy object households and non-object groups. Methods: We used Korea Health panel 2nd 4th data collected by Korea Institute for Health and Social Affairs and National Health Insurance Service. Analysis subjects were 381 households (pre-policy) and 393 households (post-policy) that had cancer and cardiovascular and cerebrovascular diseases. Since it was major concern that estimates benefit strengthening policy started by certain time, we setup comparing households which had diabetes, hypertension disease. Comparison subjects were 393,247 households, respectively and we evaluated policy effect using difference in difference (DID) model. Results: Although unmet needs of policy object households were higher than non-object groups, policy execution variable affected negative direction. But interaction-term which shows pure effect of policy was not statistically significant. We utilized multi-DID model to examine factors affecting unmet needs causes. Copayment assistance policy did not significantly affect households that responded to 'economic reason,' and 'no have time to visit' for unmet needs causes. Conclusion: The second copayment assistance policy did not significantly give positive effect to beneficiary households than non-beneficiary groups. When we consider that primary purpose of public insurance guarantee high medical expenditure occurred by unexpected events, it needs to deliberate on switch of benefit strengthening policy that can assist vulnerable people. Also, we suggest that government forward a policy covering non-reimbursable medical expenses as well as switch of benefit strengthening direction because benefit policy do not affect non-covered medical cost which accounts for quarter of total health expenditure.

The Relationship Between Monetary and Macroprudential Policies

  • KANG, JONG KU
    • KDI Journal of Economic Policy
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    • v.39 no.1
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    • pp.19-40
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    • 2017
  • This paper analyzes the interaction between monetary and macroprudential policies mainly in the context of the non-cooperation among policy authorities. Each policy authority's optimal response is to tighten its policy measures when other authorities' policy measures are loosened. This indicates that the two policies are substitutes for each other. This result still holds when an additional financial stability mandate is assigned to the central bank. The condition for the response functions to converge to a Nash equilibrium state is analyzed along with the speed of convergence, showing that they depend on the authorities' preferences and the number of mandates assigned to policy authorities. If the financial supervisory authority (FSA) assigns greater importance to the output gap or a stronger financial stability mandate is assigned to the central bank (CB), the probability of non-convergence increases and the speed of convergence declines even when the condition of convergence is satisfied. Meanwhile, if the CB considers output stability as an important task, the probability of convergence and the speed of converging to a state of equilibrium are high. Finally, when a single mandate or small number of mandates is/are assigned to each authority, stability is more quickly restored as compared to when many mandates are assigned.

Geochemistry of Vanadium-bearing Coal Formation in Metapelite of the Ogcheon Supergroup from the Hoenam Area, Korea (회남지역(懷南地域) 옥천누층군(沃川累層群)의 변성이질암내(變成泥質岩內)에 분포(分布)하는 바나듐을 함유(含有)한 탄층(炭層)의 지구화학적(地球化學的) 특징(特徵))

  • Lee, Chan Hee;Lee, Hyun Koo;Shin, Mi-ae
    • Economic and Environmental Geology
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    • v.29 no.4
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    • pp.471-481
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    • 1996
  • Clay mineral geothermometry using sericites and chlorites in Bobae sericite mine reveals that these clay minerals formed at relatively high temperature. It appears that sericites formed at around $200{\sim}350^{\circ}C$ and chlorites formed at around $250^{\circ}C$. X-ray diffraction study of these minerals reveals that sericite $2M_1$ type and chlorite IIb type are dominant phases. Both polytypes indicate that the precipitation temperatures of these minerals shows fairly good agreement with the estimated temperature by clay mineral geothermometry. The Bobae sericite mine was formed at relatively higher temperature than several non-metal ore deposits occurred in the southern part of Korea.

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