• Title/Summary/Keyword: Economic indicators

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Creating Generic Cluster Indicators based upon an Agent-centred Cluster Framework (행위주체 중심 클러스터 사고 틀에 기반한 클러스터 지표 개발에 관한 연구)

  • Jeong, Jun-Ho;Kim, Hag-Soo
    • Journal of the Economic Geographical Society of Korea
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    • v.13 no.3
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    • pp.416-441
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    • 2010
  • This paper attempts to develop a framework articulating a suite of indicators of cluster development, based upon existing work on the economic geography of clusters, cluster frameworks and indicators and cluster policies. Unlike other work the framework adopted here emphasizes adaptive and proactive roles played by agents, whether individual or collective, within the cluster when understanding it as a learning environment to capture an implication made from adopting the cluster perspective. Some possible indicators are operationalized and suggested even if they are not definitive and exhaustive. The conceptual framework and the specific indicators suggested can provide policy-makers and key stakeholders in clusters with a proper set of tools for measuring the level of cluster development, maneuvering a broader strategic planning exercise for successful cluster development.

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A study on composite precedence indices focusing on Jeju (제주지역 경기선행종합지수에 관한 연구)

  • Kim, Kye Chul;Kim, Myung Joon;Kim, Yeong-Hwa
    • The Korean Journal of Applied Statistics
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    • v.29 no.1
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    • pp.243-255
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    • 2016
  • The developed composite index has limits to estimate and predict economic status due to economic pattern change and the response change of explanatory variables. A higher precedence individual indicators should be selected to predict the future accurately. In this study, effectiveness of Jeju Island precedence indicators consists of constituents in the area, the consumer price index, services production index, mining and manufacturing production index. The average temperature of Seogwipo and credit card purchase amount is reviewed as an economic turning point consideration and time lag correlation analysis with real data. In addition, we suggest the proper reference cycle in Jeju composite precedence index and evaluate the configuration in leading indicators for Jeju by comparing national economic indicators. Based on the derived results, the current problems of Jeju Island precedence indicators will be illustrated and the improvement methods to estimate a regional composite index will be suggested.

Wind and solar energy: a comparison of costs and environmental impacts

  • Carnevale, Ennio A.;Lombardi, Lidia;Zanchi, Laura
    • Advances in Energy Research
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    • v.4 no.2
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    • pp.121-146
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    • 2016
  • This study is concerned with the analysis of two renewable technologies for electric energy production: wind energy and photovoltaic energy. The two technologies were assessed and compared by economic point of view, by using selected indicators characterized by a clear calculation approach, requirement of information easy to be collected, clear, but even complete, interpretation of results. The used economic indicators are Levelized Cost of Energy, $CO_2$ abatement cost and fossil fuel saving specific cost; these last two specifically aimed at evaluating the different capabilities that renewable technologies have to cut down direct $CO_2$ emissions and to avoid fossil fuel extraction. The two technologies were compared also from the environmental point of view by applying Life Cycle Assessment approach and using the environmental impact categories from the Eco-indicator'95 method. The economic analysis was developed by taking into account different energy system sizes and different geographic areas in order to compare different European conditions (Italy, Germany and Denmark) in term of renewable resource availability and market trend. The environmental analysis was developed comparing two particular types of PV and wind plants, respectively residential and micro-wind turbine, located in Italy. According to the three calculated economic indicators, the wind energy emerged as more favorable than PV energy. From the environmental point of view, both the technologies are able to provide savings for almost all the considered environmental impact categories. The proposed approach, based on the use of economic and environmental indicators may be useful in supporting the policies and the decision making procedures concerned with the promotion and use of renewables, in reference to the specific geographic, economic and temporal conditions.

Foreign Uncertainty and Housing Distribution Market in Korea

  • Jeon, Ji-Hong
    • Journal of Distribution Science
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    • v.16 no.12
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    • pp.5-11
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    • 2018
  • Purpose - We investigate the relationship between economic policy uncertainty (EPU) of the US and China and housing distribution economy in Korea using EPU indexes of two countries and the economic indicators in Korea. Research design, data, and methodology - We use the data such as the Korean housing price stability index (HPSI), housing purchase price index (HPPI), housing lease price index (HLPI), banking stock index (BSI), and consumer price index (CPI) with EPU indexes from January 1999 to December 2017. As an empirical methodology, we select the vector error correction model (VECM) due to the existence of cointegration. Result - As results of the impulse response function, the impact of the US EPU index has initially a negative response on the Korean HPSI, HPPI, and HLPI referring the housing distribution market including the economic variables, BSI, and CPI. Likewise, the impact of index in China has initially a negative response on economic indicators except the BSI in Korea. Conclusions - This study shows that the EPU index of the US has significantly negative relationships on all economic indicators in Korea. In this study, we reveal EPU of the US and China has dynamic impact on housing distribution economy returns in Korea.

A Study on the Arson Characteristic by the Economic Variable (경제적변수에 따른 방화특성에 관한 연구)

  • Park, Nam-Kwun;Yoon, Myong-O
    • Fire Science and Engineering
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    • v.25 no.3
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    • pp.14-19
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    • 2011
  • This research was conducted with goals to reducing arson and finding its relationship with social phenomenons. Especially, unlike previous researches, focus has been on the economic indicators, and the effect of economic indicators on arson. As a result, we were able to find the relationship between economic indicators and arson. When growth rate and consumer index prices decrease, the economy stagnates and thus incidents of arson increases. In contrast, when growth rate increases and consumer index prices increase, the rate in which arson occurred decreased. Also, we have found that when personal debt rate increases, the numbers of arson incidents increased as well.

A study on indicators and reference points for the ecosystem-based resource assessment (생태계 기반 자원평가를 위한 지표와 기준점 연구)

  • Zhang, Chang-Ik;Park, Hee-Won;Lim, Jung-Hyun;Kwon, Hyeok-Chan;Kim, Doo-Hoon
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.46 no.1
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    • pp.32-49
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    • 2010
  • Ecosystem-based fisheries management requires a holistic assessment of the status of fisheries by integrating fishery ecosystem indicators for management objectives. In this study four objectives were identified such as the maintenance of the sustainability, biodiversity and habitat quality and socio-economic benefits. The ecosystem-based fisheries assessment (EBFA) model to assess fisheries and their resources at the ecosystem level developed for Korean fisheries (Zhang et al., 2009) has a number of indicators for three management objectives. However, it was found that there were some overlapping components among indicators and that there were difficulties in assessing some indicators in the EBFA model. This study identified problems of the approach and suggested more pragmatic and simpler indicators. It also presented alternative reference points to assess indicators and discussed issues associated with the application of the EBFA model to a marine ranching ecosystem. In this study a total of 24 indicators were used for the assessment which included 4 socio-economic indicators. New indicators and reference points were demonstrated by applying it to the Uljin marine ranch.

A Quantitative Approach for analysis on the Patterns of Socio-Economic Development Structure (사회경제발전구조의 유형분석을 위한 계량적 접근)

  • 권철신
    • Journal of the Korean Operations Research and Management Science Society
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    • v.8 no.2
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    • pp.27-43
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    • 1983
  • The purpose of this paper is to analyze the structure and properties of the patterns by extracting the general patterns on socio-economic development from huge data by statistical analysis. We collected data concerning socio-logical, economical and technological aspects. Indicators used for this study amounted to a total of 136, and among them 39 were on science & technology. What is more, these indicators were set up with the resent data for the first half of the 1970's mainly, and 141 nations were selected as the sample. Some rinkage patterns to the total indicators were abstracted by cluster analysis based on the correlation matrix. And some rinkage patterns to the total countries were educed by applying cluster analysis of centroid method to the respective indicators.

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Subjective and objective indicators of socioeconomic status and self-rated health in Korean adolescents

  • Choi, Kyungwon
    • Korean Journal of Health Education and Promotion
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    • v.32 no.5
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    • pp.53-62
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    • 2015
  • Objectives: The purpose of this study was to examine the associations among self-rated health and socioeconomic status. Methods: Analyses were conducted based on cross-sectional data obtained from the Korea Youth Risk Behavior Web-based Survey. A total of 79,202 students aged 12 to 18 years participated in the study and there was a response rate of 95.5%. Separate logistic regression analyses were performed on each gender group based on a set of independent variables. Those being: the level of parental education level; family affluence scale; subjective household economic status; and subjective school achievement with SRH as the dependent variable. Results: Multivariate analyses revealed significant associations between each SES and adolescent SRH after controlling for other covariates. However, in the models that included all SES indicators, subjective household economic status and subjective school achievement remained significant in boys and girls. Conclusions: The findings demonstrated that subjective SES indicators are more closely related to adolescent SRH when compared with objective indicators.

Analysis of Typhoon Vulnerability According to Quantitative Loss Data of Typhoon Maemi (태풍 매미의 피해 데이터 기반 국내 태풍 취약성 분석에 관한 연구)

  • Ahn, Sung-Jin;Kim, Tae-Hui;Kim, Ji-Myong
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.125-126
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    • 2019
  • This study aims to recognize damage indicators of typhoon and to develop damage function's indicators, using information derived from the actual loss of typhoon Maemi. As typhoons engender significant financial damage all over the world, governments and insurance companies, local or global, develop hurricane risk assessment models and use it in quantifying, avoiding, mitigating, or transferring the risks. For the reason, it is crucial to understand the importance of the risk assessment model for typhoons, and the importance of reflecting local vulnerabilities for more advanced evaluation. Although much previous research on the economic losses associated with natural disasters has identified the risk indicators that are indispensable, more comprehensive research addressing the relationship between vulnerability and economic loss are still called for. Hence this study utilizes and analyzes the actual loss record of the typhoon Maemi provided by insurance companies to fill such gaps. In this study, natural disaster indicators and basic building information indicators are used in order to generate the vulnerability functions; and the results and indicators suggest a practical approach to create the vulnerability functions for insurance companies and administrative tasks, while reflecting the financial loss and local vulnerability of the actual buildings.

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Bankruptcy Risk Level Forecasting Research for Automobile Parts Manufacturing Industry (자동차부품제조업의 부도 위험 수준 예측 연구)

  • Park, Kuen-Young;Han, Hyun-Soo
    • Journal of Information Technology Applications and Management
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    • v.20 no.4
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    • pp.221-234
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    • 2013
  • In this paper, we report bankruptcy risk level forecasting result for automobile parts manufacturing industry. With the premise that upstream supply risk and downstream demand risk could impact on automobile parts industry bankruptcy level in advance, we draw upon industry input-output table to use the economic indicators which could reflect the extent of supply and demand risk of the automobile parts industry. To verify the validity of each economic indicator, we applied simple linear regression for each indicators by varying the time lag from one month (t-1) to 12 months (t-12). Finally, with the valid indicators obtained through the simple regressions, the composition of valid economic indicators are derived using stepwise linear regression. Using the monthly automobile parts industry bankruptcy frequency data accumulated during the 5 years, R-square values of the stepwise linear regression results are 68.7%, 91.5%, 85.3% for the 3, 6, 9 months time lag cases each respectively. The computational testing results verifies the effectiveness of our approach in forecasting bankruptcy risk forecasting of the automobile parts industry.