• Title/Summary/Keyword: Economic impact analysis

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Growth and Impact Analysis of Nonemployment Income as an Urban Economic Base -The case study of U.S. Arizona State- (도시경제기반으로서의 비고용소득 성장과 영향분석 - 미국 아리조나주의 경우 -)

  • 김학훈
    • Journal of the Korean Regional Science Association
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    • v.9 no.2
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    • pp.27-40
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    • 1993
  • Most studies on regional economic impact have utilized employment or employment income data. Recently, a few scholars have noticed the importance of nonemployment income sources in urban economies. Using decennial census data on Arizona towns from 1970 to 1990, this paper first examines the increasing importance of nonempolyment income sources in urban economies and the associations of nonemployment income sources with elderly population and metropolitan location. Then, this paper investigates the impact of nonemployment income on urban growth in the framework of economic base model. The regression results show that the impact of nonemployment income is significant in the increase of nonbasic income and becomes greater over time, and that the impact of transfer over time, and that the impact of transfer income on nonbasic income of transfer income on nonbasic income is stronger in smaller towns and the impact of investment income is stronger in larger towns.

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A Theoretical Framework for Economic Assessment of Standardization Programs (표준화 사업의 경제성 분석 모형 및 이론 체계)

  • Kim, Bum-Hoan
    • Korean Management Science Review
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    • v.31 no.4
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    • pp.43-53
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    • 2014
  • There is no generally accepted single stylized methodology for the impact assessment of standardization programs even though some scholars in the United States or Europe have been trying to set up a common methodology during past decades. It is because the economic outcome indicators that analysts seek to quantify vary significantly with the diversity and complexity of the affected industry and the analytic approach, as well as the nature of STANDARDIZATION programs. This paper builds up the model to establish common methodology which is designed to enable the comparable economic assessment analysis between various STANDARDIZATION programs. The model thus serves to enable a comparable impact assessment because it enables both universally valid and stylized analysis, while traditional impact assessment analysis can vary depending on the kinds of analytic approaches. In other words, this paper developed the common methodology which is designed to stylize the universally valid impact assessment of STANDARDIZATION programs. In addition, this paper shows that it should be accompanied by empirical research for some items in the model, to enable the realization of the both comparable and sophisticated analysis of impact assessments, thereby outputting in the range of those values which depend on the industry and/or STANDARDIZATION type.

Bank Liquidity and Economic Development in Underdeveloped Regions: An Empirical Study in Indonesia

  • JUMONO, Sapto;ISKANDAR, Muhammad Dhafi;ADHIKARA, Muhammad Fachrudin Arrozi;MALA, Chajar Matari Fath
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.31-42
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    • 2021
  • This study aims to determine the relation between the real sector and the financial sector in underdeveloped areas in Nusa Tenggara, Indonesia. To facilitate understanding of these linkages, researchers use the logic of credit channel mechanism of monetary policy, financial intermediation, as well as supply leading and demand following theories. The research variables include economic growth, inflation, liquidity, and NPL at the provincial level, with a data sample from 2008 to 2019. This research uses VAR/VECM as the analysis tools. The findings of the long-term analysis in East Nusa Tenggara show there is a phenomenon of cost-push inflation as well as the negative relation between inflation and economic growth. The impact of liquidity on inflation is positive, while the impact of economic growth on inflation is negative. Meanwhile, in West Nusa Tenggara, the impact of economic growth on inflation is positive. On the other hand, the impact of liquidity and NPL on inflation and economic growth is negative. In conclusion, generally, the economy in West Nusa Tenggara is better than the East Nusa Tenggara. The key to improving the economy of Nusa Tenggara is by improving its liquidity. This can be done by increasing the volume of public savings to increase bank credit capacity.

Financial Development and Economic Growth: Credit Distribution in Southeast Asian Countries

  • Lan Thi Huong NGUYEN;Anh Le Dieu NGUYEN;Huyen Thanh LE;Duy Van NGUYEN
    • Journal of Distribution Science
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    • v.22 no.3
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    • pp.49-58
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    • 2024
  • Purpose: Research on financial development plays a crucial role in guiding and implementing policies for both financial development and economic growth. This study aims to evaluate the impact of financial development on the economic growth of Southeast Asian countries. Research design, data and methodology: The research utilizes data from 11 Southeast Asian countries from 2015 to 2022. Financial development data is proxied by credit distribution in private sector. Results: Based on the analysis using the FGLS model, it indicates that financial development has a positive impact on the economic growth of Southeast Asian countries. In addition, the study also examines the impact of state investment costs and FDI investment on economic growth. The results also show that foreign direct investment flows still play an important role in Southeast Asian countries (FDI has a positive impact on economic growth). State investment costs also impact economic growth, showing that the development of public investment also brings good development to countries. Conclusions: These results suggest that credit policies for financial development in general, and the development of private credit in particular, play a significant role in these countries. Building a system to promote the activities of private sector economies will help stimulate the economic development of Southeast Asian countries.

Evaluating the economic impact of R&D investments - Improvement of measurement reliability - (R&D 사업의 경제적 파급효과 측정 - 산업측정 신뢰도 제고사업을 중심으로 -)

  • Choi, Seung-Il;Kim, Jin-Ho;Jho, Moon-Jae;Hwang, In-Keuk
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.8 no.4
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    • pp.946-951
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    • 2007
  • R&D institutes, supporting development in industry, are required to provide an economic basis of their R&D investments. In this paper, we apply prospective cost-benefit analysis to evaluate the economic impact of R&D investments. We compute main metrics with cost and benefit estimated via counter-factual evaluation model. Among many projects of KRISS to improve measurement reliability, three projects are evaluated by applying prospective cost-benefit analysis.

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Quantification of Ecological Impact as a Basis for Evaluation (독일에서의 환경영향의 정량적 평가)

  • Schweppe-Kraft, Burkhard
    • Journal of Environmental Impact Assessment
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    • v.2 no.2
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    • pp.59-71
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    • 1993
  • Evaluation methods are employed in environmental impact assessment to choose between different project site, to determine the required measures to compensate impact and to decide whether the environmental impacts are more important than the social or economic effects of a project. The main obstacles that restrict use of quantitative evaluation method are a Lack of knowledge about the environmental effects (e.g. if impacts on wildlife or landscape amenities are predicted) and the relative importance of economic and social issues compared with nature conservation stability of ecosystem or landscape beauty. In Germany, the most common method for site planning is the "ecological risk analysis". It is a kind of multi-criteria-decision-method based on quantitative and qualitative description and ordinal ranking. The various kinds of "ecological balancing methods" that are more recently developed (within the last decade) to quantify the required amount for compensatory measures instead often use cardinal figures to express the value of ecosystems, the intensity of impacts, the need for additional measures to compensate for long recuperative periods when restoring ecosystems and so on. There are still only a view attempts to quantify decisions between environmental and socio-economic issues. Multicriteria-analysis as well as cost-benifit-analysis was used. Some new approaches which are still in a preliminary status are based on contingent valuation and on calculations for compensatory payments (instead of compensatory measures).

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The Asymmetric Impacts of Human Capital Accumulation through Trade on Economic Growth in the Manufacturing Sector of Korea (한국 제조업의 무역을 통한 인적자본축적이 경제성장에 미친 비대칭적 영향 분석)

  • Choi, Bong-Ho
    • Korea Trade Review
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    • v.44 no.1
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    • pp.1-15
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    • 2019
  • This study aims to analyze the effects of trade on human capital accumulation and economic growth in Korean manufacturing industry. The results of empirical analysis by dynamic panel model are as follows. The increase in exports of skilled labor intensive industries has a positive effect on human capital and economic growth, and the impact of import on human capital accumulation and economic growth has alst a positive impact. The exports of unskilled intensive labor industries have a negative impact on human capital accumulation and economic growth. Imports of unskilled labor intensive industries have negative on human capital accumulation and economic growth. It is difficult to derive statistically significant results for the effects of trade on human capital accumulation and economic growth before and after 2008. However, as a result of the financial crisis in 2008, it seems that the effects have decreased since 2008.

Economic Growth and Animal Traction Development in Africa : An Empirical Analysis

  • Panin, A.
    • Proceedings of the Korean Society for Agricultural Machinery Conference
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    • 1996.06c
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    • pp.219-227
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    • 1996
  • Since the introduction of animal traction technologies(ATT) in many Sub Saharan Africa (SSA) countries, attempts to propagate its widespread use in the continent have suffered several setbacks. Many factors are responsible of this. However, developments in the African economies are believed to be a prominent factor. This study provides empirical evidence of the impact of economic growth on the performance of ATT-in Sub-Saharan Africa(SSa). The analysis uses 1971-1990 time-series data on ATT from botswana. The performance of ATT is measured on the basis of changes year covered under this study. The models used, are a regression model and a trend projection model. Although the regression model is representing a simplified view of the relationship between ATT and economic growth , it takes account of the influence of annual amounts of rainfall. It is concluded that economic growth has had a negative impact on the performance of ATT in Botwana. As the country's Gross Domestic Pro uct (GDP) steadily increased over the period of the analysis, the number of households using ATT declined at a rate of 2.5% per year. The impact of the GDP on ATT was directly associated with increases in the use of tractor, food imports and beef exports. The results have serious policy implications for agricultural development in many African countries that are not capable of sustaining their economic growth.

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Impact on self-satisfaction of shopping tendencies and purchasing behaviors for luxury goods (명품쇼핑성향과 구매행동이 자기만족도에 미치는 영향)

  • Lee, Jeong-Min;Park, Sook-Hyun;Lee, Kyung-Lim
    • The Research Journal of the Costume Culture
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    • v.25 no.1
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    • pp.16-31
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    • 2017
  • This paper aims to identify the impact on self-satisfaction of shopping tendencies and purchase behaviors for luxury goods. The research was conducted by survey method using questionnaires. The subjects of this study were female consumers from 20 to years old with a high purchasing capability for luxury goods. Using the statistics program SPSS 21.0, factor analysis, reliability analysis, one-way ANOVA, and multiple-regression analysis were executed. The analysis results are summarized below. For shopping tendency depending on ages, pleasure pursuit tendency showed insignificant difference in 40~50s, but significant difference in 20~30s. For the self-satisfaction, the interpersonal satisfaction showed the difference by age group, which was much higher in the respondents in 30~50s than those in 20s. Individuality pursuit tendency and rational shopping tendency had impact on self-satisfaction and rational shopping tendency on interpersonal satisfaction in 20s. Pleasure pursuit tendency and rational shopping tendency had impact on self-satisfaction and interpersonal satisfaction and pleasure pursuit tendency on the economic satisfaction in 30s. Pleasure pursuit tendency had impact on self-satisfaction and economic satisfaction and rational satisfaction on interpersonal satisfaction in 40s. Pleasure pursuit tendency and rational shopping tendency had impact on self-satisfaction and interpersonal satisfaction in 50s. High quality had impact on self-satisfaction and economic satisfaction and practicality on interpersonal satisfaction in 20s. High quality had impact on self-satisfaction and interpersonal satisfaction in 30s. High quality had impact on interpersonal satisfaction in 40s. High quality had impact on all elements of self-satisfaction for the respondents in 50s, practicality had negative impact on interpersonal satisfaction.

The Impact of ODA·FDI·Trade on the South America's Economic Growth; Comparative analysis of 4 countries (무역·ODA·FDI가 남미 경제발전에 미치는 영향 분석: 4개국 비교를 중심으로)

  • Choi, Chang Hwan
    • International Commerce and Information Review
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    • v.17 no.3
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    • pp.115-130
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    • 2015
  • This paper investigates how ODA FDI Trade affect economic growth in 4 South America countries over the last 50 years and ODA, FDI, Trade have a impact on the 4 South America countries economic growth using the Vector Error Correction Model. The results of empirical analysis based on data from 1960 to 2014 confirmed that FDI and trade than ODA has had a significant impact on Brazil and FDI, Trade had affected on Argentina economic growth. On the other hand, ODA had a more major impact on Venezuela, Peru economic growth than FDI and trade. Based on the results of these empirical analysis, when it comes to support for economic growth of underdeveloping countries, developed countries have to supply enough ODA for least developing countries to start economic growth, in case of economic take off stage, they should consider FDI, and international trade volume increase.

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