• Title/Summary/Keyword: Economic regulation

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A Study on Direction of Regulation Policies by Classification of Government Regulation in Construction Industry;Focus on Subcontract or Specialty Contractor (정부규제의 유형분석을 통한 규제정책의 접근방법 연구;하도급 및 전문건설업을 중심으로)

  • Lee, Jong-Gwang;Jo, Sung-Yeon;Kim, Yong-Su
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.440-443
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    • 2006
  • The purpose of this study is to classify government regulations and to present the direction of regulation policy in korean construction industry with focus on subcontract or special contractor. The literature research and type analysis are adopted as research method. And the results of this study are as followed. The study has shown the type of government regulations related with subcontract or specialty contractor in korean construction industry. Also, Having shown the institutional function of the regulations in the market. And the study has presented the approach to reform government regulations in construction industry. First, government must recognize not only economic efficiency but also social equity as equivalent policy values. Second, government must evaluate the benefit and cost of policy group as regulations have changed. Third, government must analysis the functions and effects of regulation reform in comparison with existing regulation.

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An Increase the South-North Economic Corporations and Insurance as a Scheme for the Transfer of Risk - Focus on the Source of North Korea Insurance Law - (남북경협증가에 따른 위험의 완화방법으로서의 보험제도 - 북한보험법의 법원문제를 중심으로 -)

  • Kim Sun-Jeong
    • Journal of Arbitration Studies
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    • v.15 no.3
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    • pp.267-301
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    • 2005
  • Following the increased economic corporations between the South and North Korea, many companies participate the corporation program. They needs insurance policy as a scheme for the transfer of risk from those individual company to it to an insurer. This paper review the possibility of the North Korea insurance authorities and research the origin, history, structure and context of the North Korea insurance law. The North Korea Insurance law differ from the South Korea and China's. North Korea Insurance authority has not capability of doing insurance business both side of underwriting and indemnity. Partly, it caused the uncertainty, insufficient and vague of the insurance law. The writer conclude that the North Korea insurance law faced to the needs of modernization. Especially, the Gyesung Industrial Complex Insurance Regulation couldn't cover the investor and company's risk because it is not based on the nature and basic principles of insurance.

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Impact of Work Motivation on Satisfaction and Turnover of Public Universities Lecturers

  • PHAM, Chinh D.;HOANG, Thao P.D.;NGUYEN, Yen T.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.1135-1146
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    • 2021
  • The paper aims to examine the relationship between various types of motivation and satisfaction as well as turnover intentions of public university lecturers. Intrinsic motivation is found to affect both satisfaction and turnover, while for extrinsic motivation, only one type has a significant effect on satisfaction. The web-based questionnaire with convenience sampling was chosen to approach target respondents. Data was collected by sending a link of the questionnaire to the lecturers' email. There were 700 questionnaires collected. Of which 681 valid responses, after screening out unusual questionnaires. In order to fulfill these aims, the authors employed structural equation modeling with maximum likelihood method supported by AMOS software with 681 valid samples. The evidence confirms the high correlation between intrinsic motivation and satisfaction for university lecturers which has been shown in previous studies. With regard to extrinsic motivation, extrinsic regulation (material) is found to have a positive influence on satisfaction, meaning financial rewards and job security will lead to his contentment while introjected regulation is a source of dissatisfaction. The results also demonstrate that intrinsic motivation is negatively correlated with turnover intentions. A person who is interested in the job itself is less likely to leave his or her job due to a keen passion for it.

A Study on Furniture Market of South Korea in New Normal - Focus on Economic Perspectives - (뉴 노멀시대 한국의 가구 시장 연구 - 경제적 관점을 중심으로 -)

  • Jung, Jaenah
    • Journal of the Korea Furniture Society
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    • v.29 no.1
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    • pp.8-17
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    • 2018
  • Economic crisis in 2008 has changed South Korean market including furniture related field. Owing to Subprime Mortgage Crisis, new economic order, in other words, New Normal was established. Low growth rate, low interest, high unemployment rate, high risks, regulation strengthening, and all that sort of negative things have became generalized. South Korean economy has developed drastically since the Korean War, however recent economic crisis and Internet and smart phone have leading roles in shaping new consumption market. In a way, furniture market has expanded despite economic recession. Total service for housing is suited to South Korean consumers and shortened Product Life Cycle induces consumers to buy more furniture. In addition, Internet and smart phone allow people to show off their private spaces to unspecified masses. As a result, consumer prefers inexpensive and expendable furniture. It is certain that furniture market makes quantitative growth, but qualitative sides are questionable. Even though the study is focused on the existent circumstances, It will help to find out the proper ways of future furniture market in South Korea.

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Economic Value Evaluation for applying Intangible Cultural Resources to Tourism Policy: Focusing on 'Arirang' (무형 문화자원의 관광 정책적 활용을 위한 경제적 가치평가: 아리랑을 중심으로)

  • Tae-Hong, Ahn;Kwang Oh Kim
    • Asia-Pacific Journal of Business
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    • v.14 no.4
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    • pp.331-342
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    • 2023
  • Purpose - This study aims to develop a valid and appropriate method for measuring the economic value of intangible cultural resources. Design/methodology/approach - Building upon the concepts explored in many studies on the total value regulation of public goods or environmental goods, which are non-market value commodities, with a focus on the intangible cultural property Arirang, this study aims to formulate a new economic value concept for cultural resources that contributes to the overall economic total value, including non-use value. Based on this foundation, the study aim to identify and apply the most efficient model(CVM) among economic value measurement methods, as suggested by Tietenberg (2003). Findings - This involves estimating economic value through consumer behavior, encompassing the use or experience of cultural resources, as well as utilizing statements to estimate economic methods through consumer surveys. Only by presenting individual resource economic values of cultural resources in objective figures can a foundation be established for creating budgets and organizational structures to promote projects and policies. Research implications or Originality - Appropriate decisions can then be made by comparing these values with the expected costs in the management and planning process.

Optimal Clustering of Energy Storage System for Frequency Regulation Service Considering Life Degradation (수명감소를 고려한 주파수 조정용 에너지저장장치의 최적 클러스터링)

  • Kim, Wook-Won;Kim, Jin-O
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.4
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    • pp.555-560
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    • 2016
  • Recently, many countries have placed great attention on energy security and climate changes. Governments are promoting the construction of renewable energy projects with regulatory support in Korea. Despite an increasing penetration of renewable resources, however, the photovoltaic and wind power are underutilized due to the endemic problems such as difficulties of output control and intermittent output. The Energy Storage System (ESS) is proposed as a good solution for solving the problems and has been studied in both the private business and the government. However, because of inefficient aspects, the research has been carried out for improving high costs and a small capacity. In addition, the ESS is currently installed for using only one purpose which is frequency regulation or transmission congestion relief such that has an economic limitation. Therefore, methods which are becoming economically justifiable to increase the penetration of the ESS is required. Thus, this paper presents in terms of operation efficiency to improve economic feasibility of the ESS currently used. mainly, there are two aspects for the operation efficiency. Firstly, it is intended to improve the utilization rate through a process that can utilize the ESS for various purposes. It is necessary to be able to use for other purposes by classifying and clustering for increasing the efficiency of availability. The clustering method is proposed to conduct the grouping the ESS. Especially, it is proposed to utilize ESS for frequency regulation service which is the one of ancillary services in the power system. Through case studies, it is confirmed to secure the necessary resources by clustering small size ESS.

Cross-border Flow of Workers and Regulation of Border Labor Markets: Focus on EU's Grande R$\acute{e}$gion (월경취업 노동이동과 접경지역 노동시장 조절 -유럽연합 Grande R$\acute{e}$gion을 사례로-)

  • Moon, Nam-Cheol
    • Journal of the Economic Geographical Society of Korea
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    • v.16 no.2
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    • pp.167-181
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    • 2013
  • The cross-border flow of workers in EU having the freedom of labor mobility and residence plays a role in the border labor markets as a structural factor of regulation. The regulation role of the cross-border flow of workers on the Grand R$\acute{e}$gion, which is the border among the France-Belgium-Luxemburg-Germany, is as follows. First, the cross-border flow of workers regulates the regional surplus and lack of labor in quantity and quality. Second, the border labor markets are regulated by the regionally segmented supply and demand of labor and are modulated by the flexible employment like a part-time and temporary employment. Third, the residence of the cross-border workers concentrates on the adjacent regions to the border. And the atypical cross-border workers, who have their residence in the neighboring country but works in the existing country, are rising rapidly.

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A Study on the Industrial Organization Policy for the Market-oriented Fisheries Management (시장유인적 어업관리를 위한 산업조직정책에 관한 연구)

  • 신용민
    • The Journal of Fisheries Business Administration
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    • v.34 no.2
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    • pp.1-25
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    • 2003
  • During the past 100 years, Korean fisheries management policies have enforced the license system, it is the most typical regulation system in Korean fisheries. Even now, it has caused resource management failure, it has also invited economic inefficiency and inequity. Accordingly, the Korean government has recently introduced the self-regulatory management system for fishermen with the TAC system. These systems are one of the most market-oriented regulation systems in fisheries management systems. It is defined as regulatory policy tools other than regulations with command and control approach. It is also called “alternatives” which is composed of regulatory alternatives and non-regulatory alternatives. The self-regulatory management system and the ITQ system are cooperative-based co-management between government and fishermen as an alternative management strategy ; it is gaining the increasing attention to improve the effectiveness of fisheries management in Korea. It is expected not only to positively improve function in fisheries regulation, but also to decrease inefficiency in fisheries policies. However, these systems have many problems. The monopolization of rent is one of the typical examples. As solutions for the problem in the aspect of fishery management, fisheries policy is need of approach to industrial organization. For instance, Contestable market theory is one of the good theoretical background, it mean that market is able to free entry and free exit. Thus, fisheries management carry out policies such as revitalization of the used market of capital goods in fisheries, organize of the self-regulatory management group. Conclusively, as the exploiters and managers, fishers and the government should put emphasis on improving economic efficiency so that fishery would grow as an industry that contributes to the increase of social welfare, and the change to that direction will be the only way for our fisheries to preserve its importance.

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A Study on the Direction for Revision of Korea Shipping Act and Monopoly Regulation and Fair Trade Act (선화주 균형발전을 위한 해운법 및 독점규제법의 개정방향에 관한 연구)

  • Park, Kwang-So
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.49
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    • pp.213-236
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    • 2011
  • Korea Shipping Act admits shipping conferences' joint actions like rate agreement, sailing agreement in some degree for development of shipping transport industries for decades. Meanwhile, EU has prohibited all kinds of shipping conferences' joint actions since October 2008, and many advanced countries also have similar position on shipping conference. The balance development between shippers and ship owners is very important in terms of national economic growth. So it is appropriate time to revise related laws such as Shipping Act and Monopoly Regulation and Fair Trade Act. First, It is direction for revision of Korean Shipping Act. The act has to define precisely the criteria of "unfairness" in case of admitting of shipping conferences' joint actions. Shipping conferences have a conference with shipper or shipper's delegation substantially on freight and transport conditions and so on. Second, It is direction for revision of Monopoly Regulation and Fair Trade Act. The fair trade commission has to perform fair roles between shippers and ship owners. The judgement of fairness has to confirm according to the spirit of not Korea Shipping Act but Korea Monopoly Regulation and Fair Trade Act itself.

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The Relationship among Adult Attachment, Emotion Regulation Style, and Psychological Well-being of University Students (대학생의 성인애착, 정서조절양식 및 심리적 안녕감의 관계)

  • Chae, Young Moon;Kwak, Su Jin
    • Korean Journal of Human Ecology
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    • v.24 no.5
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    • pp.645-661
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    • 2015
  • The purpose of this study was to investigate the effects of socio-demographic variables, adult attachment and emotion regulation style on psychological well-being of university students. We conducted a survey on 318 university students in Cheongju-si and Hongseong gun. T-test, Pearson' productive correlation, hierarchical regression analysis were used. The results were as follows: First, there was a significant difference in emotion regulation style according to university student's sex. In other words, females used more support-seeking style than males did. Second, male university students' psychological well-being was high at more active style, less anxiety attachment and avoidant/distractive style, older students, less avoidance attachment, and higher economic status. Third, female university students' psychological well-being was high at less avoidant/distractive style and more active style, older students, less anxiety attachment, and more support-seeking style. In conclusion, emotion regulation style was the strongest factor to increase university student's psychological well-being among other variables. The implications and limitations of this study were discussed.