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

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A Management Condition of Apartment House and Improvement Strategy of Remodeling (공동주택관리실태 및 리모델링 활성화 방안)

  • 유인근;정동환;윤여완;김천학;양극영
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2004.05a
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    • pp.77-83
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    • 2004
  • Apartment Building remodeling market is now growing centering around non housing building. Unlike non housing building remodeling business, understanding of remodeling demanders accustomed to profit of reconstruction, deficiency of experience performing remodeling project and construction, shortage of will performing remodeling policy and detailed action method are difficulties in performing apartment building remodeling business. Understanding change of remodeling demanders, strong economic incentive by government, construction management paradigm shift from new construction into building life cycle, application of construction method using existing building condition before remodeling and remodeling related industry infrastructure are required to improve this remodeling business circumstances.

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An Empirical Simulation for the Relevance of Alternative Systems to Unemployment Insurance in Korea

  • Yun, Jungyoll
    • Journal of Labour Economics
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    • v.25 no.3
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    • pp.59-86
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    • 2002
  • Using the simulated data set which is based upon the data set merging Economically Active Population Survey(EAPS) and the Supplementary Survey (SS) in 1998-2001, this paper examines the relevance of alternative programs Unemployment Insurance Savings Account (UISA) and Pension-funded Unemployment Benefit (PUB) - to unemployment insurance system in Korea. Estimating the relative size of unemployment benefit and IA balance under a specific type of UISA or PUB by simulation, this paper yields the two main results. First, replacing UI by UISA with the same benefit being maintained would be beneficial in terms of search efficiency in general, although its effectiveness is a little doubtful as for the non-regular workers. Second, the PUB is better than UISA as an alternative to UI, and also works relatively well even for the non-regular workers.

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Admissions Quotas in Metropolitan Areas and Competition between Universities in Korea

  • KIM, JAEHOON
    • KDI Journal of Economic Policy
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    • v.38 no.1
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    • pp.93-121
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    • 2016
  • The excessive demand for universities in metropolitan areas as a result of location premiums and regulated admissions quotas diminishes the competition between universities and the incentive to enhance educational performance to attract more students. Cases in point are the lower graduate employment rates (a measure of educational performance) of universities in metropolitan areas compared to those in non-metropolitan areas despite higher quality students. Additionally, the graduate employment rates of non-metropolitan universities are influenced by educational input factors such as an increase in the percentage of courses taught by full-time faculty, while those of metropolitan universities are contingent merely on enrollees' entrance scores. Ergo, a structure that revitalizes the competition between universities and encourages them to improve their educational services must be established in order to enhance the quality of higher education.

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Trade Liberalization and Manufacturing Productivity Changes in Korea during the Past Three Decades

  • SONG, YEONGKWAN
    • KDI Journal of Economic Policy
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    • v.43 no.1
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    • pp.53-80
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    • 2021
  • The main objective of this study is to determine whether there have been TFP increases in the Korean manufacturing sector due to trade liberalization since the 1990s. Based on the methodology proposed by Pavcnik (2002), which focuses on the channel through which trade liberalization measures enhance overall industrial productivity by triggering the exit of low-productivity firms, this study tests the following two hypotheses: first, the TFP increase in the Korean tradable industry is not higher than that in the non-tradable industry, and second, plants with lower TFP levels did not exit from the tradable industry. Through the rejection of these two hypotheses, it is possible to infer indirectly the effect of trade liberalization on firm productivity rates in Korea since the 1990s. First, this analysis reveals that since the 1990s, the TFP of the tradable sector compared to the non-tradable sector presented a statistically meaningful increase only in the 2000s, when China joined the WTO and trade increased sharply between Korea and China. Secondly, TFP growth in the tradable sector was positively affected by exits, as it was plants with lower TFP levels that ceased to exist.

The Effects of Financial and non-Financial Factors on the Formation of Main Bank Relations of Parts and Material Industry in Pusan-Kyungnam Region (기업의 재무적 및 비재무적 특성이 주거래은행관계 형성에 미치는 영향을 : 동남경제권 부품소재산업을 중심으로)

  • Choi, Jin-Bae
    • Journal of the Economic Geographical Society of Korea
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    • v.8 no.2
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    • pp.247-266
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    • 2005
  • The purpose of this paper is to analyse the effects of a firm's financial and non-financial factors on the relationship formation with its main bank in the industry of parts and material in Pusan-Kyungnam region. The results, out of accordance with the relation-banking or regional financial market perspective, do not support the hypothesis that regional financial institutions would be useful for decreasing the financial difficulties of the small and medium firms in the region. The analyses about the effects of non-financial factors on the formation of main bank relations show that while Kookmin Bank and Industrial Bank play important roles as main banks of small businesses other national banks put emphasis on the transaction lending. And the analyses about the effects of financial factors show that firms having main bank relations with non-bank financial institutions and Kookmin bank are more profitable and stable than firms having main bank relations with other banks including local banks. On the whole it seems that local banks are not making a commitment to the regional economy and their operational grounds are not strong enough.

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A method for analyzing heat conduction (열전도 해석을 위한 한 방법)

  • 서승일;장창두
    • Journal of Welding and Joining
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    • v.8 no.2
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    • pp.53-57
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    • 1990
  • Analytic solutions of heat conduction during welding which were first found by Resenthal have some restrictions. One of these is that models to which analytic solutions can be applied must have simple geometric shape, and another is that quasi-stationary state must be created. On the other hand, computational methods developed recently with the aid of the computer can overcome these shortcomings, but the methods raise problems from economic point of view when they are applied to 3 dimensional problems. Taking account of these problems, a new method combinig the analytic method with the computational one is proposed. This method can be ued in weldments with complicated geometric shape in non-stationary state, but with the aid of the analytic method can reduce the computing time.

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The Influence of Main Bearing Stiffness on the Gearbox of 3 Point Suspension Wind Turbine Drive Train (메인 베어링 강성이 풍력발전기용 3점 지지 드라이브 트레인의 기어박스에 미치는 영향)

  • Nam, Ju Seok;Nam, Yong Yun
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.24 no.3
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    • pp.278-286
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    • 2015
  • The effects of the main bearing stiffness combined with vertical non-torque force on the input load and shaft deflection of a gearbox were investigated for the three-point suspension drive train of a wind turbine. A finite element analysis model for the drive train was studied experimentally, and its applicability to the present study was verified. The results show that, as the main bearing stiffness is increased, the input load of the gearbox decreases, whereas the input shaft deflection increases. The stiffness component for the pitch moment has the largest influence on the gearbox input load. Although the gearbox life increases at a higher main bearing stiffness, the economic efficiency and durability of the entire drive train system should also be considered in the selection of the main bearing stiffness.

Searching for the Cause of the Gender Gap in Employment Losses during the COVID-19 Crisis

  • KIM, JIYEON
    • KDI Journal of Economic Policy
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    • v.43 no.2
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    • pp.53-79
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    • 2021
  • The recession caused by the COVID-19 crisis has features that could disproportionately harm female employment. Risk of infection and social distancing measures may have disrupted jobs in face-to-face industries, which have traditionally hired more women than men. School closures and a consequent increase in childcare and homeschooling demands may have discouraged labor market participation by working mothers. Using the Economically Active Population Survey, I examine how female employment was affected by each factor. I find that the gender gap in the Employment to Non-participation (E to N) transition rates is twice as large as the gap in the Employment to Unemployment (E to U) transition rates. Women's overrepresentation in the face-to-face industries accounts for most of the gap in the E to U transition but only a third of the gap in the E to N transition. The rise in non-participation is especially pronounced among married women aged 39-44, the group most likely to have elementary-school-age children.

A Study on the Practical Approach of European Union's Market Access through the Understanding of Tariffs and Non-Tariff Barriers in European Union (EU의 관세 및 비관세 장벽 이해를 통한 EU시장 개척 방안)

  • Jung, Jae-Woo;Lee, Kil-Nam
    • International Commerce and Information Review
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    • v.16 no.4
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    • pp.191-225
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    • 2014
  • Most of all, this paper analyzes the current situation of EU(European Union) and ascertain EU's economic condition in terms of tariff lines and non-tariff barriers. and the purpose of this article is to find out the problems of EU's tariff lines and non-tariff barriers. Next, We suggest some future direction of export promotion from Korea to EU more largely for our companies. First, this paper describes the characteristics and outline of EU. The EU is a politico-economic union of 28 member states that are primarily located in Europe. The EU traces its origins from the European Coal and Steel Community(ECSC) and the European Economic Community(EEC), formed by the Inner Six countries in 1951 and 1958, respectively. After that, The Maastricht Treaty established the European Union under its current name in 1993. The latest major amendment to the constitutional basis of the EU, the Treaty of Lisbon, came into force in 2009. There are a combined population of over 500 million inhabitants and generated a nominal gross domestic product(GDP) of 16.692 trillion US dollars in EU. The results are as follows ; First of all, In terms of tariff lines and customs duties, Our companies have to know precisely EU's real tariff lines and other customs duties, and such as value added tax and exercise tax, corporate tax regulated by EU commission and EU's 28 members. second, our companies have to confirm EU's non-tariff barriers. such as RoHS, WEEE, REACH. These non-tariff barriers could be hindrances or obstacles to trade with foreign companies in other countries. We perceive all companies exporting to EU are related with these Technical Barriers to Trade irrespective of their nationality. So, Our companies fulfill the requirements of EU Commission concerning safety, health, environment etc. Also, Our companies choose market-driven strategy to export more largely than before in the field of marketing and logistics.

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NON-VALUE ADDING ACTIVITIES IN SOUTH AFRICAN CONSTRUCTION: A RESEARCH AGENDA

  • Fidelis Emuze;John Smallwood
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.453-458
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    • 2011
  • The construction industry's importance to nation building, economic empowerment, and contributions to global commerce cannot be over emphasised. However, poor productivity, accidents, rework, time and cost overruns, and client dissatisfaction have characterised the industry performance in a multi-dimensional way. The central issue in this particular research is the seemingly inadequate achievement of optimum performance in the construction process, either with respect to value for money for the client and the entire construction supply chain or value in terms of the utility derived from built assets in spite of efforts by government and governmental bodies such as the Construction Industry Development Board (cidb) to increase industry performance. Therefore, based upon an extensive review of related literature, the paper reports on effects and causes of non-value adding activities in the construction industry in general, and South African construction in particular. The research findings indicate that activities that can be referred to as non-value activities are not only prevalent, but they can also be held responsible for performance related issues in terms of cost, time, quality and health and safety (H&S) in construction; and the exploration of pluralism in the research methodology may result in a robust model based upon the system dynamics approach. Therefore, the study suggests that there is major scope for value optimisation in the construction process especially in terms of availability and implementation of interventions, which have not only proven successful in other industries, but are also adaptable in the construction industry context.

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