• 제목/요약/키워드: Economic sector

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The Regional Economic Impacts of Taiwan High Speed Rail

  • Huang, Hank C.C.;Hsu, Tao Hsin;Lin, Cynthia M.T.
    • International Journal of Railway
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    • 제1권1호
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    • pp.12-19
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    • 2008
  • Starting her business operation on January 5 2007, Taiwan High Speed Rail(THSR) shapes a new time-space frame for Taiwan western corridor, where more than 90% of national population lives around and more than 95% gross domestic product created from. Comparing with the four-hour traveling time by highway before 2007, THSR reduces the time required to one and half hours from Taipei to Kaohsiung. It will not only benefit the communication along the island from north to south, but also change the location advantages/disadvantages for all cities in these regions. Therefore, this paper establishes a spatial computable general equilibrium model(SCGE Model) to simulate the economic effect of High Speed Rail(HSR). This SCGE model divides Taiwan economy into fifteen geographic regions and thirteen industries. Each region has three sectors: household sector, transportation sector, and industries sector. Following the behavior function of economic theories, the general equilibrium can be achieved simultaneously. Thus, gross regional product (GRP), capital formation, employment income and welfare/utility level can be all observed by calculating the different economic result between cases with-/ without-HSR. Besides, this model presents the social welfare benefit from HSR operation, the polarization phenomenon among regions and within certain region, unbalance distribution of welfare along the HSR line, and industries development divergence among regions etc. These major findings should be useful for regional development policy making.

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The Regional Economic Impacts of Taiwan High Speed Rail

  • Huang, Hank C.C.;Hsu, Tao Hsin;Lin, Cynthia M.T.
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2007년도 추계학술대회 논문집
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    • pp.1896-1912
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    • 2007
  • Starting her business operation on January 5 2007, Taiwan High Speed Rail (THSR) shapes a new time-space frame for Taiwan western corridor, where more than 90% of national population lives around and more than 95% gross domestic product created from. Comparing with the four-hour traveling time by highway before 2007, THSR reduces the time required to one and half hours from Taipei to Kaohsiung. It will not only benefit the communication along the island from north to south, but also change the location advantages/disadvantages for all cities in these regions. Therefore, this paper establishes a spatial computable general equilibrium model (SCGE Model) to simulate the economic effect of High Speed Rail (HSR). This SCGE model divides Taiwan economy into fifteen geographic regions and thirteen industries. Each region has three sectors: household sector, transportation sector, and industries sector. Following the behavior function of economic theories, the general equilibrium can be achieved simultaneously. Thus, gross regional product (GRP), capital formation, employment income and welfare/utility level can be all observed by calculating the different economic result between cases with-/ without-HSR. Besides, this model presents the social welfare benefit from HSR operation, the polarization phenomenon among regions and within certain region, unbalance distribution of welfare along the HSR line, and industries development divergence among regions etc. These major findings should be useful for regional development policy making.

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한국의 전력소비와 경제성장의 인과관계 분석

  • 조정환;강만옥
    • 자원ㆍ환경경제연구
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    • 제21권3호
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    • pp.573-593
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    • 2012
  • 본 연구는 1980~2009년 동안 한국의 경제성장과 총 전력소비 및 산업별 전력소비 사이의 인과관계를 분석하였다. 이를 위해 단위근 검정을 실시하였으며 그 결과, 실질 GDP, 제1차 산업, 제조업 그리고 총 전력소비는 1차 차분형태의 안정적인 변수로 나타났다. 그러나 서비스업 전력소비는 2차 차분을 실시했을 때에 안정적인 변수로 나타났다. 공적분 검정을 실시한 결과, 실질 GDP와 총 전력소비 및 산업별 전력소비 사이에는 장기균형 관계가 존재하지 않는 것으로 분석되었다. 따라서 표준 Granger 인과관계 검정에 의하면, 경제성장이 총 전력소비, 제1차 산업 및 제조업의 전력소비에 영향을 주는 일방향 인과관계가 존재하는 것으로 나타났다. 그러나 서비스업 전력소비는 경제성장과 아무런 인과관계를 발견할 수 없었다. 이러한 인과성은 전력부문의 가격 및 비가격정책 등이 경제성장에 부정적인 영향을 최소화하면서 실행될 수 있음을 의미한다.

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Impact of Foreign Direct Investment on Power Sector: An Empirical Study with Refrence to India

  • Maran, K.;Anitha, R.
    • 동아시아경상학회지
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    • 제3권1호
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    • pp.8-16
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    • 2015
  • In the later quarter of the twentieth century, the need for foreign capital is realized among the various countries of the world. Developing countries especially developed multi-pronged strategies to attract foreign capital into the country. One such strategy is the adoption of liberalization policy. Almost all the developing countries started opening their economy, out of the compulsion, to achieve faster rate of economic growth and development. Even a communist country like China adopted liberalization policy as a strategy for accelerated economic growth during 1979. India also joined the race by 1991, when the government announced the policy of liberalization. The importance of FDI extends beyond the financial capital that flows into the country. The huge size of the market in this sector and high returns on investment are two important factors in boosting FDI inflows to power sector. 100 percent FDI is allowed under automatic route in almost all the sub sectors of power sector except the atomic energy. Major foreign investment is made in this sector during 2000 to 2009 is Mauritius with an investment of US$ 4490.96 i.e., 4.24 percent of the total FDI inflows into the country during the period. The estimation of future FDI flow shows a marginal decline in the year 2010. Then from 2011 to 2015 onwards upward trend of FDI was observed.

Business Environment of Public Sector Enterprises: Using the International Rankings for Evaluation

  • Shalimova, Nataliia;Kuzmenko, Halyna;Shalimov, Volodymyr;Reshetov, Valerii;Androshchuk, Iryna
    • International Journal of Computer Science & Network Security
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    • 제22권6호
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    • pp.297-309
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    • 2022
  • Taking into account the globalization of the economy and the intensification of European integration processes, it has been proved that an important part of evaluating the effectiveness of activity of public sector enterprises should be a comparative analysis of the overall operation environment, namely public procurement, economic environment and tax policy, with the relevant systems of other countries of the world. The indicators and components of international ratings "Doing Business", "Paying Taxes", "Benchmarking Public Procurement" have been studied. Different groups of indicators forming "Doing Business" and "Paying Taxes" in the context of the impact on public sector enterprises have been identified: those which fully comply with the need to evaluate the operating environment of public sector enterprises and those which should be used with restrictions, regarding the peculiarities of creating and functioning of public sector enterprises. A comparative analysis of the place of Ukraine, Lithuania and Slovenia among other countries of the world in accordance with the international rankings of "Doing Business", "Paying Taxes", "Benchmarking Public Procurement" have been made. It has been substantiated that the results of such comparative analysis will allow identifying risk areas, and relevant information can be used in developing of recommendations for improving the effectiveness of activity of public sector enterprises.

Liberalization of Trade in Services under ASEAN+n FTAs: A Mapping Exercise

  • Ishido, Hikari
    • East Asian Economic Review
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    • 제16권2호
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    • pp.155-204
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    • 2012
  • This study maps out the degree of liberalization of trade in services under four ASEAN+n frameworks. After constructing a database showing the existence of limitations on market access and/or national treatment by each service sector, the study finds that the commitment level differs greatly between sensitive and less sensitive sectors, and that the commitment level under the ASEAN Framework Agreement (AFAS) is the highest among the four FTAs studied. It also finds that there are cross-country and sector-wide similarities in the pattern of service sector commitment under and across each of the FTAs; this implies that the shared domestic sensitivities can be overcome by a shared economic cooperation scheme for enhancing competitiveness in the ASEAN+n region.

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Factors Influencing the Profitability of Listed Firms in Vietnam's Stock Markets

  • NGUYEN, Dinh Hoan
    • The Journal of Asian Finance, Economics and Business
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    • 제9권7호
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    • pp.197-203
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    • 2022
  • The agricultural sector has an important contribution to the economic development of Vietnam in particular and other countries in general. The growth of enterprises in the industry is an important bridge in promoting the economic development of the country. Currently, the policies of the Government of Vietnam always create favorable conditions for enterprises to conduct business, especially enterprises in the agricultural sector. The study aims to assess factors influencing the profitability of listed firms in Vietnam's stock market. Using 40 enterprises in the agricultural industry listed on the Ho Chi Minh City Stock Exchange and the Hanoi Stock Exchange and using advanced econometric modeling, dealing with defects in the regression model, the research results show that large-scale firm has higher economic efficiency than small-scale firm. In addition, a firm with higher use of loan capital is associated with a more efficient firm, reflected in the relatively good debt management ability of enterprises in the agricultural sector. Adversely, growth and age do not have any impact on firm performance. Macroeconomic factors do not impact profitability. Finally, the study has some policy implications for developing agricultural businesses in the case of Vietnam.

우리나라 제조업에 있어 자산형태별 실질 감가상각 곡선에 관한 연구 (A Study on the Effective Depreciation Curve by Asset in Korean Manufacturing Sector)

  • 조진형
    • 산업경영시스템학회지
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    • 제13권22호
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    • pp.7-16
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    • 1990
  • Because economic depreciation includes some disciplines like economics, accounting and industrial engineering, the terminologies concerned are selected and arranged. The economic depreciation is defined with which the cases that occur when economic depreciation is measured are considered. Two major methods of the measurement of economic depreciation are reviewed these are Hulten-Wykoff's approach and Bureau of Economic Analysis of U.S.A. methodology. In its application in Korea the expected problems are presented. This paper also shows that it is rarely possible. Therefore Under the restricted condition a method to measure the economic deprection is suggested in Korea manufacturing sector.

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베트남은 동아시아 발전국가를 따르는가?: 30년 개혁과정의 '발전 모델' 고찰 (Does Vietnam Follow the East Asian Developmental State?: A Study of the Developmental Model in the 30 Year Reform Process)

  • 이한우
    • 동남아시아연구
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    • 제26권3호
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    • pp.51-90
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    • 2016
  • 베트남은 1986년 말 전면적 개혁정책인 '도이머이' 정책을 채택하여, 급속한 정치체제의 변화 없이 점진적 개혁을 추진해왔다. 베트남은 단기적 경제 침체 시기가 있었지만 개혁과정 30년 간 비교적 성공적으로 경제성장을 달성한 국가라고 평가된다. 이러한 과정에서 개혁 초기 국유경제부문과 외국인투자부문의 경제성장에 대한 기여가 컸으나, 개혁의 진전에 따라 국유부문의 역할은 감소하고 국내 비국유부문 및 외국인투자부문의 경제적 역할이 더욱 증가하는 것으로 나타났다. 베트남의 개혁과정에서 국가의 발전지향적 역할은 표방되었고, 국가의 경제에 대한 개입은 개혁과정 전반에 작용하였기에, 베트남을 동아시아 발전국가와 같은 유형으로 평가하는 것은 부분적으로 타당하다. 그러나, 국가의 산업정책은 부분적으로만 성장에 기여하였다고 판단되며, 경제발전이 국가가 선도하는 부문 이외 부문에서 많이 이뤄졌기에, 이 평가는 한정적일 수밖에 없다. 결론적으로 베트남은 동아시아 발전국가의 외형을 띠면서 외국인투자로 발전을 도모하는 동남아 발전모형의 복합적 형태의 국가로 변화해 가고 있다고 평가할 수 있다.

IMF 이후 한국수산금융의 현황과 정책방향 (Recent Developments and Policy Directions in Fisheries Finance in Korea)

  • 김경호
    • 수산경영론집
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    • 제32권2호
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    • pp.1-22
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    • 2001
  • In recent years Korea fisheries have been much more influenced than ever before by domestic and foreign environmental changes such as market liberalization, sustainability, efficiency and effectiveness of domestic fisheries, fisher's welfare etc. Under the wide range of environmental changes, government is carrying out various fisheries policies. However, it seems insufficient to accomplish policy goals under the existing policy instruments. The main focus of the paper is to investigate structural changes and policy directions of fisheries finance in Korea after asian economic crisis. The results of the study are as follows; Fisheries sector in whole economy has been lowering in its proportion. To survive in emerging global competition, fisheries sector is needed structural reformation. In particular the strategy that increases operative efficiency and effectiveness on government financial policy in fisheries sector is much expected. Also, it is necessary to minimize costs, to reform institution and management for increasing efficiency and effectiveness.

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