• Title/Summary/Keyword: Economic property

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The Intergenerational Effects of Tax Policy in an Overlapping Generations Model with Housing Assets

  • LEE, YOUNG WOOK
    • KDI Journal of Economic Policy
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    • v.40 no.2
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    • pp.53-73
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    • 2018
  • Using an overlapping generations model, this paper examines tax policy effects across generations. The model incorporates housing assets separately from capital assets and includes taxes on labor income, capital income, consumption and housing assets. Tax reforms for each tax rate have different effects on tax burdens across generations and the overall efficiency of the economy, leading to different welfare costs for generations. Specifically, raising housing property taxes results in the smallest welfare loss by future generations, as in the model it does not hurt economic efficiency and the tax burden increases mainly for the elderly, who have accumulated housing assets in preparation for retirement.

Determining Economic Speed for Green Freight Train (저탄소 화물열차를 위한 경제속도 결정에 관한 연구)

  • Kim, Kwang-Tae;Choi, Won-Suk;Kim, Young-Hoon;Lee, Sun-Young
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.461-464
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    • 2011
  • Rail transport has been considered as an environmental-friendly transport mode compared with other transport modes such as ship, truck, and aircraft. However, rail industry can not avoid a duty of alleviating Greenhouse gases emission owing to the Korean government polices for green growth which is an economic paradigm that simultaneously pursues growth and environmental improvement. The purpose of this research is to develop a methodology of determining an economic speed of freight train to be green freight train by considering fuel cost, environmental cost, and time cost. In the methodology, we first define a cost function based on cost factors and then suggest an economic speed of freight train by deriving a property.

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Study on Economic analysis and Dessemination Policy of Unused Energy (미활용에너지의 경제적 효과 및 보급지원방안 연구)

  • An, Hyung-Jun;Baek, Sung-Kwon;Heo, Eunn-Yeong
    • 한국신재생에너지학회:학술대회논문집
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    • 2008.05a
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    • pp.95-98
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    • 2008
  • Temperature difference energy is a good energy source replacing the fossil fuels. In the study, we classified the temperature difference energy as 4 types by the source & using method. For the understanding economic property of temperature difference energy, we tried simle economic analysis. As the result, Pay back period of 4 case of the temperature difference energy are from 1.23 to 12.65 years. Major factors influenced economic effect are operation time and energy user distance from the temperature difference energy source. If we can select optimal capacity and look for more effient energy users, Temperature difference energy play a important role of replacing fossil energy. So, for dess emination of temperature difference energy, we suggest that temperature difference energy must be included in renewable energy. Applying the effective methods among various promotion program of renewable energy policy, utilization of temperature difference energy could be activated.

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A Study on the Economic Feature of Fisheries Resource and Socio-economic Objectives in Fisheries Management (어업자원의 경제적 특성과 그 관리의 사회.경제적 목표에 관한 연구)

  • 유동운
    • The Journal of Fisheries Business Administration
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    • v.12 no.2
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    • pp.73-100
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    • 1981
  • Fisheries resources, due to their intrinsic biological -density dependent, and socio- economic -common property nature, might yield the sustained benefits to the society involved, depending on the degree to which the social management scheme, pursuing the optimum yield from each of them, is framed. And besides, the success or failure of the management on them would, with no doubt, lead parallelly to the direction on scientific study of "Natural Resource Economics." Thus the objectives of the management, to ensue the best use of these society's resource, should underlie the technical, economic, ana social efficiency all together to meet the maximization of society's benefits from yields, taking account of managerial efficiency. And those multiple conflicts need communications between biologists, social scientists, and managers given tile mandate, tobe coordinated to arrive at a unique value weighed, through the well-ordered system approach and resulting timely decision-making which accommodates dynamical fisheries aspects and varying social purposes. purposes.

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A Study on a Model of Economic Value of Transmission Speed of Internet Commerce (인터넷 상거래 처리속도의 경제적 가치분석 모형에 관한 탐색적 연구)

  • 노규성;김민철
    • The Journal of Society for e-Business Studies
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    • v.4 no.2
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    • pp.41-58
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    • 1999
  • This paper is a study on a model of economic value of transmission speed of Internet Commerce. For this research, this paper searches the factors that influence the transmission speed of Internet and suggests the model for measurement of economic value. The model adopted in this research is CVM(contingent valuation method) using in environment economics and the research area in this paper is concentrated on Internet-based Electronic Commerce. For this purpose, this paper suggests econometrics model that measures customer's payment intention for transmission speed of Internet. This model can be used as the basic tool of feasibility of investment analysis and reasonable pricing on Internet service. For the more, it will be followed empirical study and more careful comprehension for objective validity of this study.

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A Study on the Urban Housewives. Economic Preparation for their Retirement Planning based on the Attitudes of their Personal Asset.s Management and Perception on it (도시주부의 자산관리태도.자산적정인지도에 따른 노후경제대책수행에 관한 연구)

  • 계선자;박혜성
    • Journal of Family Resource Management and Policy Review
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    • v.4 no.1
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    • pp.29-45
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    • 2000
  • The purpose of this study is to investigate some influencial factors for urban housewives’economic retirement preparation. Questionnaires were distributed to the 550 housewives in Seoul. The 453 data obtained were analyzed by Frequency, Percentage, Mean, Factor analysis, Reliability, and Stepwised Multiple Regression with SPSS win PC+. The major findings of this study were summarized as follows: First, there wre significant differences on the attitudes of assets management and the perception of assets property according to the expectation for being supported in their old age and the controlable values. Second, the most influential variables on the economic preparation for the old age of the urban housewives were through the attitudes of assets management, the perception on it and controlable values. Based on the above findings the urban housewives should have concerns on the economic preparation in advance.

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A Study on Runoff Discharge Considering Economic Value of Water Resource (수자원의 경제적 가치를 고려한 유출량의 평가)

  • Kang, Sang-Hyeok
    • Spatial Information Research
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    • v.15 no.3
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    • pp.291-299
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    • 2007
  • Kangwon province has been suffering from the various types of disasters and these disasters stand in the way to sustainable development. The heavy rainfall by typhoon RUSA in 2002 damaged to property and bodily injury, and gave us a lesson. In this paper the rainfall-runoff was estimated on the viewpoint of economic aspect to give new prominence of water resource management. As a result, it is found that economic loss of water resource in Oship river of Samcheok city due to typhoon Rusa in 2002 was estimated 55,919,850 Won.

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Study on Urban Households' Consumption Expenditure -Focusing on Housewives' Lifestyle- (도시가계의 비목별 소비지출에 영향을 미치는 변인-주부의 생활양식성향을 중심으로-)

  • 이승신
    • Journal of Families and Better Life
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    • v.17 no.3
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    • pp.17-32
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    • 1999
  • This study shows how the lifestyle of Housewife as well as usual socio-economic variables affect the expenditure of urban household. The Result of Factor Analysis revealed that the lifestyle of urban housewives were composed by four different traits. 1) self-improvement and rational trait 2) consumption-oriented convenience seeking trait 3) traditional-conservation trait 4) money-oriented variety seeking trait. Based on the Multiple regression analysis the analysis of the relative influence of variables which were associated with the expenditure of each item showed that influential variables for each item were different but economic variables(e, g , income saving, property etc) affected on most of expenditure. Socio-economic variables were more influential than lifestyle variables for every item. But lifestyle variables were influential the same as Socio-economic variables for unnecessary expenditure item more than necessary items particularly consumption-oriented convenience eeking trait and money-oriented variety seeking trait affected.

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A Study on the Intellectual property rights for the protection of financial instruments (금융상품의 보호를 위한 지식재산권 연구)

  • You, Hyun-Woo
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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    • v.7 no.3
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    • pp.1-9
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    • 2017
  • Financial instruments are economic and intangible assets that bring financial company tremendous economic returns when it is a success. Also, It is necessary to protect this because it is a product of effort made by a lot of human resources and materials. However, legal and institutional devices for financial instruments are insufficient currently and 'copying practices' are rampant throughout the industry in korea. This ultimately inhibits the utility and welfare of consumers, but also adversely affects the competitiveness of the financial industry. In order to finance innovation that new financial products and services have appeared, it is necessary to grant the appropriate rights, such as intellectual property rights of financial instruments. And, there is a need for measures to protect it. Thus, this study proposed new way protecting the financial instruments through Intellectual property right. It is the introduction of similar protection system to financial instruments, such as mechanisms that protect database producers in copyright law.

Effects of Intellectual Property Rights Protection on Services Export Diversification in Developing Countries

  • SENA KIMM GNANGNON
    • KDI Journal of Economic Policy
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    • v.46 no.1
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    • pp.53-89
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    • 2024
  • The effects of the betterment of enforced intellectual property rights (IPRs) provisions on services export diversification are investigated. The analysis used an unbalanced panel dataset of 76 developing countries over the period of 1970-2014. The empirical analysis is based on the feasible generalized least squares estimator. It suggests that the implementation of weaker IPR protection fosters services export diversification in less developed countries (i.e., those whose real per capita incomes are less than US$US$ 1458.60), including those with a low level of export product upgrading. Conversely, in relatively advanced developing countries (countries whose real per capita income exceeds US$ 3356.80), including those with high levels of export product upgrading, the implementation of stronger IPR laws induces greater services export diversification. Finally, the analysis revealed the existence of a non-linear relationship between IPR protection and services export diversification. The implementation of stronger intellectual property laws spurs services export diversification in countries with high degree of IPR protection, especially when IPR protection exceeds a certain level, recorded here as having a score of 1.197. In contrast, in countries with weaker IPR protection, in particular those with IPR protection levels that score less than 0.915, it is rather the implementation of weaker intellectual property laws that promotes services export diversification.