• Title/Summary/Keyword: Economic comparison

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Position Value for Relative Comparison of Healthcare Status of Korea in 2018 (2018년 한국 보건의료의 상대적 위치와 추이: 경제협력개발기구 국가와 비교)

  • Youn, Hin Moi;Lee, Hyeon Ji;Park, Eun-Cheol
    • Health Policy and Management
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    • v.31 no.2
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    • pp.217-224
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    • 2021
  • The objective of this study is to investigate the healthcare status of South Korea and other member countries of the Organization for Economic Cooperation and Development (OECD) using OECD health statistics 2020. We employed the position value for relative comparison index to measure the healthcare status in five following components: demand, supply, accessibility, quality, and cost. The Mann-Kendall test was used to analyze for increasing or decreasing trend of the position value for relative comparison values from 2000 to the recent year. Results showed that Korea was positioned above than the OECD median values in most of components, but lower than the median values in certain indices including healthcare employment, primary care, and mental health care. This study sheds some light on healthcare issues to be improved and the policy-makes can take into account for prior setting process.

South Korea's phenomenal growth and development through Entrepreneurship: A cue for Sub-Saharan Africa (SSA)

  • Charmant, Sengabira Ndereyimana;Mahuni, Kenneth
    • Asia Pacific Journal of Business Review
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    • v.2 no.1
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    • pp.1-20
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    • 2017
  • The model of success in South Korea from a pariah state coming from the ruins of the Korean War into a member of the Organization for Economic Cooperation and Development (OECD) with a trillion dollar economy is encouraging. The Korean economic experience in terms of entrepreneurship and poverty reduction is an intriguing jig saw puzzle to researchers. This paper looks at Korean entrepreneurship history from the 1960s and how it shaped the contemporary sustainable economic development success of the Korean economy. Using a qualitative approach, the study used the Korean case study in comparison with Sub Saharan Africa to explore five powerful lessons on how the region can replicate the Korean entrepreneurship experience. The study shows that entrepreneurship was key to the radical transformation of its economy and government was instrumental in latent nurturing of Korean entrepreneurial spirit.

Comparison of Environmental Economic Performance In South Korea and Germany

  • Choi, Jung-Su;Schoer, Karl;Schweinert, Stefan
    • Journal of Environmental Policy
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    • v.2 no.2
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    • pp.81-103
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    • 2003
  • This paper compares the environmental economic performance of the South Korean and the German economy during the last decade. The analysis is based on comparable data from the Environmental Economic Accounts (EEA). The EEA is a satellite account to the National Accounts which enhances the conventional economic accounts by a description of the interactions between the economy and the environment. The data from the EEA and the national accounts are fully compatible. In absolute terms the environmental pressures caused by economic activities were with regards to the environmental factors used for the analysis generally lower in South Korea than in Germany. If the use of environmental factors is related to each country's gross domestic product (environmental productivities) a lower level of environmental productivity can be observed for most of the environmental factors in South Korea compared to Germany. For example in 1999 energy and $CO_2$ productivity were about two fifths of the German level. This corresponds to the relation regarding labour productivity (Gross domestic product per employment).

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Economic Analysis of Various Residential Geothermal Heat Pump System Capacities (주택용 지열히트펌프 시스템의 용량 변화에 대한 경제성 비교 분석)

  • Lee, Chung-Kook;Suh, Seung-Jik;Kim, Jin-Sang
    • Journal of the Korean Society for Geothermal and Hydrothermal Energy
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    • v.7 no.2
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    • pp.1-9
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    • 2011
  • Geothermal heat pumps are known as the most efficient and environment-friendly heating and cooling system, and are also gaining acceptance in buildings. Building energy simulation program, EnergyPlus is used to calculate the energy consumption of residential buildings. This simulated energy consumption is essential for accurate economic analysis. Residential buildings with geothermal heat pumps have complex energy price structure. Electricity rates for residential buildings increase rapidly as the monthly use increases. This complex energy price structure makes the economic analysis complicated. The purpose of this study is to conduct economic comparison of residential geothermal heat pumps and provide a feasible approach in finding their economically feasible capacity.

Effect of Measurement Error on the Economic Design of Control Charts for Controlling Process Means (측정오차가 공정평균 관리도의 경제적 설계에 미치는 영향)

  • 염창선
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.22 no.50
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    • pp.55-63
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    • 1999
  • Past studies on economic control charts for controlling process means assumed that the measures of a quality characteristic do not have measurement error. In practice, however, this assumption is frequently violated. In this paper, the economic design models of three control charts(Xbar control chart, Xbar control chart with warning limits, and CUSUM control chart) for controlling process means are developed on the assumption that the measures can have measurement error. The effects of measurement error on the process control cost and design parameters of three economic control charts are examined. According to the experiments done in this study, when measurement error exists, the economic CUSUM control chart has lower process control cost in comparison with two other control charts. When measurement error becomes larger, both the sample size and the sampling interval increase while the control limits decrease.

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Growth Performance and Economic Evaluation of Insect Feed Powder-Fed Ducks (곤충분말 사료를 오리사료에 첨가 시 생산성과 경제성에 대한 평가)

  • Jang, Woo-Whan;Chung, Tae-Ho;Choi, In-Hag
    • Journal of Environmental Science International
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    • v.28 no.8
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    • pp.709-712
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    • 2019
  • The effect of insect feed powder on the growth performance and economic evaluation of ducks was investigated. One hundred and twenty-old Pekin ducks were randomly assigned to two dietary treatments (0% and 1% Hermetia illucens powder) with three replicates of 20 birds each for 14-42 d. No significant (p>0.05) difference in growth performance between the control and 1% H. illucens powder was observed, except the feed conversion ratio (p<0.05), for the experimental period. The treatments with 1% H. illucens powder improved the economic indicators in comparison with the controls. Therefore, a diet supplemented with 1% H. illucens powder could significantly improve the feed conversion ratios and increase the economic indicators.

Economic Structure of Male One-Person Households - Comparison of Age and Marital Status (남성 일인가구의 경제구조 분석 - 연령 및 혼인상태에 따른 비교)

  • Cha Kyung-Wook
    • Journal of Families and Better Life
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    • v.24 no.1 s.79
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    • pp.253-269
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    • 2006
  • This study examined the economic structure of male one-person households, and investigated how it differed by male's age and marital status. Specifically household incomes, expenditure patterns, assets, debts, and other demographic variables were compared by age and marital status. From the 2000 National Survey of Household Income and Expenditure conducted by Korea National Statistical Office(KNSO), 1,389 male one-person households were selected. The findings of this study were as follows: First, the economic status of male one-person households was unstable. They were more likely to depend on labor incomes and transfer incomes, and had less property incomes and total assets. Their average propensity to consumption was higher than that of general households. Second, the economic structure of male one-person households showed large differ+useholders in age 50s allocated $48\%$ of household expenditure to the non- consumption categories, especially child or (ex)spouse support payments. The economic status of householders in age 60s and over was inferior to those of the other groups. Third, there were considerable differences in the economic status of male householders who had different marital status. Divorced and separated males had higher incomes and expenditures, but assigned large portion of their incomes to the non-consumption categories. Widowers' level of economic living, such as incomes, expenditures, and assets, was the worst among male one-person households.

An Analysis on the Two Processes of Social Comparison and Self-Comparison (사회비교와 자기비교의 두 과정에 관한 분석)

  • Kang, Hye-Ja
    • Journal of Digital Convergence
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    • v.14 no.3
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    • pp.445-452
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    • 2016
  • The purposes of this study were to examine the two processes of social comparison and self-comparison, and to suggest the applications of social comparison theories and self-comparison theories. For these purposes, social comparison theory, self-evaluation maintenance model, control theory, self-discrepancy theory, regulatory focus theory, and temporal comparison theory were reviewed. The processes of social comparison and self-comparison are different, but both comparisons are similar in that they have some effects on self-evaluation, emotion, motivation and behaviors. Suggestions on education, health, economic justice and interpersonal relationships were discussed.