• Title/Summary/Keyword: Economic regulation

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Demographic Trends and the Methods of their Regulation in the Republic of Kazakhstan

  • Nurlanova, Nailya K.;Meldakhanova, Marziya K.
    • The Journal of Asian Finance, Economics and Business
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    • v.2 no.3
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    • pp.23-32
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    • 2015
  • The aim of this work is to study the specifics of demographic processes in the Republic of Kazakhstan and to justify proposals concerning improvement of tendencies and methods of realizations of demographic policy in the country. The following methods have been used in this study: the principles of system approach; methods of statistical and comparative economic analysis, sociological analysis; method of expert evaluations; generalization and system analysis. Statistical method is based on the accountability of statistics office of the Ministry of National Economy of the Republic of Kazakhstan (RK) and on the results of sociological studies. The official statistic information, materials of the population census of the RK, materials of the Ministry of Health and Social Development of RK, data from author's studies, carried out in the Institute of Economy of science committee of Ministry of Education and Science of the Republic of Kazakhstan were used in this study. The conclusion about positive tendencies in demographic processes and about necessity of improvement of demographic policy was made. A number of proposals and recommendations concerning creation of favorable social and economic conditions for improvement of demographic situation, enhancement of institutional basis of demographic policy, forms and methods of its realization considering priorities of future development of Kazakhstan were justified.

Study on the Influencing Factors of TFP of Low-carbon Tourism Distribution

  • Cheng, Xiaoyu;Jiang, Keshen
    • The Journal of Industrial Distribution & Business
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    • v.8 no.7
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    • pp.13-20
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    • 2017
  • Purpose - Performance appraisal has a significant influence on the development of low-carbon tourism distribution. Research design, data, and methodology - Data of this study are collected from 27 provinces (cities) of China. SBM-Malmquist model is used to measure the TFP and its dynamic changes of low-carbon tourism distribution; TOBIT model is used to discuss the factors of TFP of low-carbon tourism distribution. Results - The results show that, there are obvious differences among regional TFP of low-carbon tourism distribution, the average change tends to grow positively in general, and the western region grows fastest on average due to the improvement of technical efficiency and technical progress, while there are technical efficiency improvement but technical regresses in eastern and central regions. The economic scale, economic strength, structure of energy consumption, location quotient and government regulation have a significant positive effect on the TFP of low-carbon tourism; energy intensity, industrial structure and opening degree have a negative effect; investments in fixed assets, intensity of R&D fund and urbanization rate have no significant influence on the TFP of low-carbon tourism. Conclusions - Improving the productivity of low-carbon tourism and reducing regional differences are effective ways to develop low-carbon tourism and enhance tourism competitiveness.

Preventing Capital Flight to Reach Lucrative Investment In Indonesia

  • BASORUDIN, Muhammad;KUSMARYO, R. Dwi Harwin;RACHMAD, Sri Hartini
    • Asian Journal of Business Environment
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    • v.10 no.1
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    • pp.29-36
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    • 2020
  • Purpose: This study aims to analyze the effect of macroeconomic and non-macroeconomic determinants of capital flight. Research design, data and methodology: With five determinants, this survey was conducted by Eviews 10, and the ordinary least squares (OLS) as a statistical method was applied for examining the research hypothesis. The five determinants are a budget deficit, economic growth, inflation rate, the exchange rate, and sovereign rating. The capital flight measurement uses the World Bank residual approach. The data derive from the Central Bank of Indonesia, BPS-Statistics Indonesia, OECD, and Moody's Investor Service. Results: The result considers that economic growth, the exchange rate, and the sovereign rating will decrease capital flight. In addition, the budget deficit and the inflation rate will increase capital flight. The sovereign rating decreases capital flight bigger than the other determinants. In addition, the exchange rate is statistically significant. Conclusions: The most influential problem of capital flight in Indonesia is because of non-macroeconomics factor political issue, corruption, bad regulation, and others. That's why the investment climate in Indonesia is still not secure. We propose that the regime would have to amend the business rule for reducing capital, raising the investment climate, and demonstrating the creative industry.

Developing Living and Managing Guidelines for the Sustainability of Back-to-Farm Community Village (귀촌형 공동체마을 지속성을 위한 생활 및 관리 가이드라인 개발)

  • Park, Kyoung-Ok;Lee, Sang-Un
    • Journal of the Korean Institute of Rural Architecture
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    • v.20 no.2
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    • pp.1-9
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    • 2018
  • The purpose of this study was to develop guidelines for sustainability of back-to-farm community village in 4 aspects; social environment, maintenance and management, regional environment, and economic environment. These 4 aspects, which count for sustainability, based on the comprehensive comparative analysis about items that field survey and literature suggested. Conclusions of guideline are of the following. The guidelines on social environment are developed by 3 items; resident participation and activity, village leader, decision making in village and person in charge of operation. The guidelines on maintenance and management are developed by 5 items; village operation system, village regulation, transparency of management, village operation expenses, and management type. The guidelines on regional environment are developed by 2 items; support by central and local government, and area projects and connection to regional resources. The guideline on economic environment is not developed due to low demands of based production facilities and income increase facilities.

A Study on the Situation of Weekend Farm, Kleingarten, from the Perspective of Multi-habitation (복수 거주의 개념에서 살펴본 체재형 주말농장 클라인가르텐의 실태와 과제)

  • Son, Hye-Mi;Choi, Jung-Min
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2009.04a
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    • pp.217-221
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    • 2009
  • With the increase in individual income and leisure time, those urban residents who want to stay in farmland on weekend are being increased. On the contrary, rural economic situation is getting worse due to the lack of labor and income. For this, as a win-win strategy between urban and rural life, a Kleingarten(below 'KG') has been attracted by local government such as Kyunggi prefecture in Korea. This article exam the situation of KG, a weekend farm where one can stay the night in a log cabin, from the perspective of Multi-habitation. For this purpose, this study surveyed four KG areas; two cases at Yangpyung and Yeonchoen in Korea, the rest are at Kasama and Yachiyo in Japan. The findings are as following. First, a standard regulation for the application and management of users in KG should be established as soon as possible. Second, the exchange between users in KG and local residents around KG should be activated in terms of well organized exchange program. Third, a sufficient budget by public sectors or an economic scheme where private sectors can participate in this program should be arranged. Lastly, a use of post occupancy should be well managed by user themselves in KG and well monitored by supervisor of KG simultaneously.

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Effect of Low Sulphur Fuel Oil Use on Korean Container Shipping Companies by IMO Environmental Regulations (IMO 환경규제에 따른 저유황 연료유 사용이 국적 컨테이너 선사에 미치는 영향)

  • Park, Sunghwa;Han, Chulhwan;Kim, Taeil
    • Journal of Korea Port Economic Association
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    • v.36 no.1
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    • pp.23-40
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    • 2020
  • This study examined the background of IMO environmental regulations and countermeasures of domestic and foreign liner shipping companies and also analyzed the additional cost and profitability of container shipping companies by implementation of IMO 2020, when the fuel oil is converted to low sulfur oil. The results show that the national flag carrier would incur significant additional costs when using low sulfur oil, which would worsen its profitability in all scenarios. These analysis results suggest that for regional shipping companies need reasonable BAF setting standards, which is flexible to the price of fuel oil and also seek ways to co-exist through mutual cooperation among oil refiners, shippers and shipping companies.

The Relationship Between Monetary and Macroprudential Policies

  • KANG, JONG KU
    • KDI Journal of Economic Policy
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    • v.39 no.1
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    • pp.19-40
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    • 2017
  • This paper analyzes the interaction between monetary and macroprudential policies mainly in the context of the non-cooperation among policy authorities. Each policy authority's optimal response is to tighten its policy measures when other authorities' policy measures are loosened. This indicates that the two policies are substitutes for each other. This result still holds when an additional financial stability mandate is assigned to the central bank. The condition for the response functions to converge to a Nash equilibrium state is analyzed along with the speed of convergence, showing that they depend on the authorities' preferences and the number of mandates assigned to policy authorities. If the financial supervisory authority (FSA) assigns greater importance to the output gap or a stronger financial stability mandate is assigned to the central bank (CB), the probability of non-convergence increases and the speed of convergence declines even when the condition of convergence is satisfied. Meanwhile, if the CB considers output stability as an important task, the probability of convergence and the speed of converging to a state of equilibrium are high. Finally, when a single mandate or small number of mandates is/are assigned to each authority, stability is more quickly restored as compared to when many mandates are assigned.

Physuical characteristics of crushed aggregates in Korea (한반도 산림골재의 물성특성)

  • 양동윤
    • Economic and Environmental Geology
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    • v.32 no.1
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    • pp.1-11
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    • 1999
  • In the last decade, the supply of natural aggregates has been continuously increased due to the other types of aggregates. In general, aggregates constitute 70-80% of the total volume of concrete, so the quality of aggregates is main factor controlling physical characteristics of concrete. For this reason, physical properties of aggregate according to different rock types were studied. The majority of crushed aggregates is taken out of granite, gneiss, sandstone, andesite, basalt and so forth. The physical properties of these rock types were tested and most of them fell within the acceptable limit on the base of Korean standard regulation. The major lithology of the crushed aggregates is granite and gneiss, both of which are marked for more than 50% of total lithology thpes in Korea. A to the physical properties of granite, the high specific gravity coincides with low porosity, low absorption ratio, while the abrasion and soundness index show, in general, no specific trend. It has been assumed that slight differences of the physical properties of granite aggregates are related with those of the mineral composition, grain size, and so on. In comparison to granite, the physical properties of gneiss have little correlation one after another. This trend is related to different mineral composition, grain size and typical sheet fractures typically prevailing in the texture of gneiss. Spatial pattern of physical properties shows that high specific gravity of granite coincides only with low porosity and absorption ratio in all provinces except Cheolla province, and high specific gravity of gneiss coincides with low porosity and absorption ratio only in Cheolla and Gandwon provinces.

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A Study on the Decision of Appropriate Subsidy Levels Regarding Electric Vehicles for V2G as Load Management Resources (V2G 전기자동차의 부하관리 자원 활용을 위한 적정 지원금 산정에 관한 연구)

  • Kim, Jung-Hoon;Hwang, Sung-Wook
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.2
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    • pp.264-268
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    • 2016
  • Recently, various energy efficiency optimization activities are ongoing globally by integrating conventional grids with ICT (Information and Communication Technology). In this sense, various smart grid projects, which power suppliers and consumers exchange useful informations bilaterally in real time, have been being carried out. The electric vehicle diffusion program is one of the projects and it has been spotlighted because it could resolve green gas problem, fuel economy and tightening environmental regulations. In this paper, the economics of V2G system which consists of electric vehicles and the charging infrastructure is evaluated comparing electric vehicles for V2G with common electric vehicles. Additional benefits of V2G are analyzed in the viewpoint of load leveling, frequency regulation and operation reserve. To find this benefit, electricity sales is modeled mathematically considering depth of discharge, maximum capacity reduction, etc. Benefit and cost analysis methods with the modeling are proposed to decide whether the introduction of V2G systems. Additionally, the methods will contribute to derive the future production and the unit cost of electric vehicle and battery and to get the technical and economic analysis.

Is Port Authority the Best Choice of Korean Port Reform?

  • Jun, Il-Soo;Hochstein, Anatoly
    • Journal of Korea Port Economic Association
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    • v.18 no.2
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    • pp.3-26
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    • 2002
  • In response to insurmountable pressure for a broad distribution of political power between the central government and local governments, the Korean Government pushes for the establishment of the local port authority as the optimum choice to achieve its goal. Starting with the Pusan and Incheon ports, the local port authority system is expected to setout the dramatic change in port management system throughout the Korean ports. However, this paper points out that the port reform choice should take into account the specific features of the society and country and some basic questions should be clearly answered beforehand. The fundamental questions are: whether institutional reform will markedly improve the ports managerial and operational efficiencies? and what will be the benefits and costs, compared to those of not changing? Without rigorous and comprehensive analysis on these issues in the institution transition, haphazard port reform will have the possibility to increase port users costs and disrupt the efficient port services. Experiences around the world clearly show that the indiscriminate copy of port reform found in other countries may be neither feasible nor practical presently in Korea. They also indicate that the port reform should be made on a gradual basis with full control of the pace.

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