• 제목/요약/키워드: Economic explanation

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Urban Respectability and the Maleness of (Southeast) Asian Modernity

  • Reid, Anthony
    • Asian review of World Histories
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    • 제2권2호
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    • pp.147-167
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    • 2014
  • The urban modernity that became an irresistible model for elites in Asia in the decades before and after 1900 was far from being gender-neutral. It represented an exceptional peak of patriarchy in its exclusion of respectable middle class women from the work force, from ownership and control of property and from politics. Marriage was indissoluble and the wife's role in the male-headed nuclear family was to care for and educate the abundant children she produced. Puritan religious values underlined the perils for women of falling outside this pattern of dependence on the male. Though upheld as modern and civilized, this ideal was in particularly striking contrast with the pre-colonial Southeast Asian pattern of economic autonomy and balance between women and men, and the relative ease of female-initiated divorce. Although attractive to many western-educated Southeast Asian men, including religious reformers determined to 'save' and domesticate women, urban respectability of this type was a poor fit for women accustomed to dominant roles in commerce and marketing, and at least equal ones in production. Southeast Asian relative failure in the high colonial era to adapt to the modern market economy may also have a gendered explanation. We should not be surprised that patriarchy and puritanism became more important in Southeast Asia as it urbanized in the late 20th Century, since this was echoing the European experience a century earlier. The question remains how far Southeast Asia could retain its relatively balanced gender pattern in face of its eventual rapid urbanization and commercial development.

우리나라 노동시장에서 영어 실력의 프리미엄 (The Wage Premium of English Skills in the Korean Labor Market)

  • 최형재;김진영
    • 노동경제논집
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    • 제32권2호
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    • pp.61-93
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    • 2009
  • 본고는 영어 실력이 우리나라 노동시장에 어떤 대가로 이어지는지를 노동패널 10차년도 조사 자료를 바탕으로 살펴본다. 분석 결과, 영어 실력을 갖춘 사람들은 그렇지 못한 사람들에 비해 학력이나 연령을 통제하더라도 상당히 높은 임금을 받고 있지만 영어 점수가 높은 사람의 임금이 높은 현상은 관측되지 않았으며, 수능 백분위 점수를 통제할 경우에나 도구 변수법을 사용한 추정에서는 영어 프리미엄이 거의 없는 것으로 나타난다. 이런 결과들은 영어 실력이 더 나은 사람들이 받는 높은 임금이 영어 실력에서만 기인하는 것은 아니라는 점을 시사한다.

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Search-based Sentiment and Stock Market Reactions: An Empirical Evidence in Vietnam

  • Nguyen, Du D.;Pham, Minh C.
    • The Journal of Asian Finance, Economics and Business
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    • 제5권4호
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    • pp.45-56
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    • 2018
  • The paper aims to examine relationships between search-based sentiment and stock market reactions in Vietnam. This study constructs an internet search-based measure of sentiment and examines its relationship with Vietnamese stock market returns. The sentiment index is derived from Google Trends' Search Volume Index of financial and economic terms that Vietnamese searched from January 2011 to June 2018. Consistent with prediction from sentiment theories, the study documents significant short-term reversals across three major stock indices. The difference from previous literature is that Vietnam stock market absorbs the contemporaneous decline slower while the subsequent rebound happens within a day. The results of the study suggest that the sentiment-induced effect is mainly driven by pessimism. On the other hand, optimistic investors seem to delay in taking their investment action until the market corrects. The study proposes a unified explanation for our findings based on the overreaction hypothesis of the bearish group and the strategic delay of the optimistic group. The findings of the study contribute to the behavioral finance strand that studies the role of sentiment in emerging financial markets, where noise traders and limits to arbitrage are more obvious. They also encourage the continuous application of search data to explore other investor behaviors in securities markets.

The practice of blind bolting connections to structural hollow sections: A review

  • Barnett, T.C.;Tizani, W.;Nethercot, D.A.
    • Steel and Composite Structures
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    • 제1권1호
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    • pp.1-16
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    • 2001
  • Due to aesthetic, economic, and structural performance, the use of structural hollow sections as columns in both continuous moment resisting and nominally pinned construction is attractive. Connecting the beams to these sections is somewhat problematic as there is no access to the interior of the section to allow for the tightening of a standard bolt. Therefore, bolts that may be tightened from one side, i.e., blind bolts, have been developed to facilitate the use of site bolting for this arrangement. This paper critically reviews available information concerning blind bolting technology, especially the performance of fasteners in shear, tension, and moment resisting connections. Also provided is an explanation of the way in which the results have been incorporated into design guidance covering the particular case of nominally pinned connections. For moment resisting connections, it is concluded that whilst the principle has been adequately demonstrated, sufficient data are currently not available to permit the provision of authoritative design guidance. In addition, inherent flexibilities in the connections mean that performance equivalent to full strength and rigid is unlikely to be achievable: a semicontinuous approach to frame design will therefore be necessary.

Acupuncture treatment of drug addiction

  • Oh, Jin-Kyung;Chae, Youn-Byoung;Shim, In-Sop;Park, Hi-Joon;Lee, Hye-Jung
    • Advances in Traditional Medicine
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    • 제4권2호
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    • pp.65-69
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    • 2004
  • Acupuncture as a therapeutic intervention has been widely used for treatment for many functional disorders, such as substances abuse and mental dysfunction. In general, acupuncture is known to be simple, economic; painless, non-traumatic, and without untoward reaction, being able to inhibit the abstinence syndrome. Although a number of studies on acupuncture have been reported, a few studies described acupuncture effect on drug addiction. Evidences suggest that substances abuses including nicotine, cocaine and alcohol are in part related to its effects on dopamine neurons in the reward pathways of the brain. The effects of acupuncture on drug addiction may be mediated through the neuronal cells within the limbic structures, which are known to be involved in rewarding properties of drug abuse. This essay reviews clinical and experimental evidences for its effectiveness on the drug addiction, and discusses a plausible explanation for the mechanism of acupuncture on substances abuse.

농촌지역 재가노인의 성공적 노화, 우울과 가족기능간의 관계 (Relationship of Successful Aging, Depression, and Family Function Among Rural Community Elders Living at Home)

  • 반금옥;한혜자
    • 한국농촌간호학회지
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    • 제7권1호
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    • pp.19-27
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    • 2012
  • Purpose: This study was done to examine the relationship of successful aging, depression, and family function in rural elders. Method: A descriptive correlation study design was used and data of the study were collected from 272 people who were overn 65 years of age and lived in a rural community. Result: The mean score for successful aging was $2.28{\pm}0.46$ points of a maximum 3 points. The elders showed a moderate degree of family function ($6.98{\pm}2.83$ points out of 10 points). The mean score for depression was $6.13{\pm}3.75$ points out of 15 points. There was a statistically significant correlation between successful aging and both depression (r=-.659, p<.001) and family function (r=.621, p<.001). Stepwise regression analysis was done to verify factors influencing successful aging. Depression was the dominant factor accounting for 43.2% of the total variance, followed by family function and age in that order. Inclusion of all of the study values resulted in an explanation power of 61.7%. Conclusion: The study results suggest that the provision of individual socio-psychological, and economic measures is important to promote successful aging in rural areas which are different in terms of socio-cultural as well as regional factors compared to urban areas.

A Conceptual Framework for Value Co-creation in an Innovation Ecosystem: The Case of Technology-based Collaboration Network

  • 한은정;홍순구
    • 한국산업정보학회논문지
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    • 제22권4호
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    • pp.29-43
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    • 2017
  • Innovation Cosystems are Conceptualized as Organizational Networks of Economic Actors, Technologies and Social Contexts that Interact for Knowledge Production, use, and Adaptation. This Paper Proposed a Conceptual Framework to Describe Value Co-creation of Organizational Networks Engaged in Technology Innovation. We Adopted Theory-Based Approach by Integrating the Perspective of Service-Dominant (S-D) Logic Into the Evolutionary Model of the Triple Helix. The Framework Gives a Plausible Explanation on how Actors Collaborate to Create Value in Dynamic Contexts of an Innovation Ecosystem. The Innovation Ecosystem can be Considered as a Composite of Sub-Ecosystems, Including Knowledge, Sectoral, and Business Ecosystems. When these Sub-Ecosystems are Recursively Transformed by Coordination of Functional Mechanisms that Serve Value Co-creation in the Innovation Process, the Innovation Ecosystem will be Re-Organized and Evolve. The case of the Digital Living Network Alliance (DLNA) was Examined to Demonstrate the Fundamental Mechanisms for Value Co-creation that was Described in the Framework. The case Study Indicates Features of Value Co-creation when Implementing Innovation in Organizational Networks.

The Effect of Trade Openness on Foreign Direct Investment in Vietnam

  • LIEN, Nguyen Thi Kim
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.111-118
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    • 2021
  • The purpose of this paper is to study the impact of trade openness on foreign direct investment (FDI) inflows into Vietnam, an emerging country with relatively high trade openness in recent years. The study used the vector autoregression (VAR) model to examine the impact of trade openness on FDI in Vietnam, in the period from 2005 to 2019. The research data are time-series data, with quarterly frequency, from 2005:Q4 to 2019:Q3. The FDI data were collected by International Financial Statistics. The data of trade openness were calculated based on Vietnam's export, import, and GDP data collected by the General Statistics Office of Vietnam. The estimated result shows that the trade openness has a positive effect on FDI. The current FDI is heavily influenced by FDI in the past with an average explanation of 74%. The main findings indicate that trade openness has a positive effect on FDI inflows into Vietnam. The findings also show that FDI in Vietnam is significantly affected by the shocks of the FDI itself in the past. The findings of the study suggest the Vietnamese Government improves the quality of trade openness and FDI, continues and maintains economic relations with other countries to increase trade openness.

WTO 통상환경 하에서 서비스부문의 세계화 모드에 관한 고찰 (A Study on the Globalization of Services Under the WTO System.)

  • 채대석
    • 통상정보연구
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    • 제7권3호
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    • pp.287-300
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    • 2005
  • The globalization of services is closely related to other economic problems facing the world today. These are: 1) the globalization of economic activities, 2) the servicization of economic activities. The world economy is now move interconnected than at any time in its history. Investment decisions, production processes, labor market regulations and even environmental legislation made by one country or company affect other economies, other companies and the lives of individuals. In fact, it is nearly impossible to think of a country that is not connected to the world economy in some form or another and it is no exaggeration to state that globalization is already an unassailable fact. The fabric of our economy and the way we do business are changing. This change is the transformation from a marketplace on goods to one focused on services. That is to say, we live and work in a service-centered, service-sensitive economy. As a result of the globalization an servicization of economic activities, services require the globalization, and services are increasing their international trade, foreign investment, agreements, alliances, mergers and collaboration networks. It is quite obvious that services are affected by globalization ; but raising the question by how much leads us to the paradox of service globalization, services represent 70% of the most advances economies but only account for less than 25% of international trade and almost half of direct investment; mergers and takeovers. These figures create a paradox that can be explained by two reasons. First; the natural(the service relationship) and artificial difficulties(barriers to trade) faced by the service sector that inhibits globalization. Second, the non-inclusion in official statistics of the share of internationalized goods that are due to services, for example intra-firm trade or the service value incorporated into exported goods. If these were taken into account the service trade figures would be extremely different. The first explanation can be subdivided into a number of elements. The OECD identifies six reasons:services cannot be stored; client-supplies interaction requires local presence; most service firms are SEMs; products are highly differentiated; cultural differences are especially important in this field; and, finally, trade barriers and restrictions on local operations exist. However, despite all of this, globalization produces clear advantages to suppliers. Therefore, the objective of this study is to explore the main forms of service globalization and differences between that of goods, and is to identify distinctive aspects of service globalization within the framework of the global economy.

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부문별 사회간접자본(SOC)의 경제적 파급효과 분석 (An Analysis on Economic Effects of Sectoral SOC Investment)

  • 김명수
    • 한국건설관리학회논문집
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    • 제15권3호
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    • pp.120-127
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    • 2014
  • 최근 복지부문에 대한 관심이 커지면서, 복지 예산은 증가하고 SOC투자에 대한 예산은 감소하는 추세이다. 그리고 도로 중심으로 투자되던 과거 SOC 투자패턴에서 철도 등 다른 부문의 투자를 늘리는 부문간 조정도 이루어지고 있다. 따라서 본 연구에서는 산업연관분석을 통해 부문별 SOC투자의 경제적 파급효과를 분석해 보았다. 도로, 철도, 항만, 공항 등 부문별 생산유발, 부가가치유발, 고용유발효과를 각각 비교 분석하였다. 실증분석 결과 먼저 건설단계에서 SOC 투자의 경제적 파급효과는 대부분 제조업 보다 큰 것으로 나타났다. 건설단계에서 생산유발효과는 철도부문 SOC가 가장 크게 나타났으며, 항만 및 도로부문의 SOC 투자는 부가가치 유발효과가 큰 것으로 나타났다. 특히 도로 SOC 투자의 고용유발 계수는 건설 및 운영단계에서 압도적으로 높은 수준으로 분석되었다. 분석결과가 시사하는 바는 다음과 같다. 먼저, 경제적 파급효과라는 측면에서는 SOC 투자는 지속되어야 하며 제고되어야 한다. 특히 고용문제를 생각한다면 도로를 중심으로 한 SOC투자는 필수적이다. 그리고 정부가 부가가치 유발 또는 생산유발 어디에 중점을 둘 것인지에 따라 SOC 부문간 투자조정은 달라질 것 같다. 생산유발효과를 극대화하려면 철도부문, 부가가치 유발을 높이려면 항만부문을, 고용 유발을 위해서는 도로부문 투자에 초점을 맞추어야 할 것이다.