• Title/Summary/Keyword: Education Expenditure

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Impacts of Foreign Direct Investment on Human Capital in ASEAN

  • NGUYEN, Hoi Van;NGUYEN, Thuy Thi Thu;TO, Tha Hien;DANG, Duong Quy;Luong, Trang Thi Dai
    • Journal of Distribution Science
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    • v.18 no.9
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    • pp.13-18
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    • 2020
  • Purpose: Research and development of human capital in countries bring sustainable development to the nations. Especially for developing countries, the attraction of foreign direct investment not only brings economic growth to the country but also contributes to improving human capital. This study aims to assess the impact of foreign direct investment on human capital in ASEAN countries. Research design, data and methodology: With data collected from ASEAN countries from 1990 to 2019, panel data analysis is performed with revised model types (the Pooled OLS, Fixed effect model, Random effect model and regression with Driscoll-Kraay standard errors). Result: The results of the regression analysis show that FDI has a positive impact on human capital. At the same time, the study also found that public investment in education also positively affects human capital; the life expectancy factor does not affect human capital. Conclusions: With this research result, the authors also proposed a number of solutions to improve human capital by attracting FDI and improving the efficiency of investment for the education of ASEAN countries. Besides, public expenditure on education also plays an important role in raising human capital. Therefore, investment in education should be promoted further in the future.

A Study on the Family Economic Structures, Housing States, and Housing Preferences of Urban Establishing Families (도시신혼기가계의 경제구조, 주거실태 및 선호에 관한 연구)

  • 이기춘
    • Journal of the Korean Home Economics Association
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    • v.30 no.2
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    • pp.113-137
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    • 1992
  • The purpose of this study was to figure out the urban establishing families' economic structures(income, expenditure, assets, first-present-future housing cost etc.), the states of first-present housing, the future housing plans, and the housing preferences. For this purpose 274 establishing families in Seoul and its metro-politan area were interviewed through the standardized questionnares. Finally 264 questionnares were analyzed. The major findings were as follows; 1. The important source of their monthly incomes was the labor income. But there was often the transfer income from their parents. And the important items of monthly expenditures were savings and foods. In higher income classes, the traffic cost was important relatively. 2. It was found that the urban establishing families were very dependent on their parents for their first-present housing costs. The dependency was stronger in high education classes compared to the low. This was the case in future housing costs. 3. The states and changes of first-present housing showed the demands for an apartment, homeowership, and privacy. These tendencies were higher in high education classes compared to low education classes, but the demands for future housing were according to the monthly income. The present locations were determined majorly by the distance from office and parents. 4. Their housing preferences were different from the present housing states. Furnished rental housing, open living space, large common spaces, and common using of unusual appliances etc. were more preferred by high education classes compared to low education classes.

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Education, Industry 4.0 and Earnings: Evidence from Provincial-Level Data of Vietnam

  • TU, Anh Thuy;CHU, Phuong Thi Mai;PHAM, Truong Xuan;DO, Ngoc Minh
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.675-684
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    • 2021
  • This paper aims to analyze factors influencing earnings of workers in Vietnam using provincial-level data from 2016 to 2018. We show the important determinants of earnings of workers of more than 15 years old including working hour, labor force, life expectancy, education, regulation measured by Provincial Competitiveness Index (PCI) and especially Industry 4.0, our major depart from literature proxies by government expenditure on science and technology, number of phone lines, and number of internet users. Working hours are a typical measurement of quantity of labor supplied. Labor force represents market size from the supply side. Life expectancy measures the health of laborers, a physical quality measure of workers. PCI stands for institutional status of the locality. Two most important factors of our interest are education, representing qualification of workers, and Industry 4.0, reflecting the new working environment of workers. By estimating a robust standard error fixed-effect model, we have evidence that all factors are significant in explaining earnings of Vietnamese workers. Education and IR4.0 play an important role in earnings of workers of Vietnam. Results also provide an estimation of Vietnam's labor supply in the context of Industry 4.0. In addition, findings contribute to explain the income discrepancy among Vietnamese provinces.

Analyses of Economic Impacts of an Marine Leisure Event on the Host City (해양레저이벤트의 경제적 파급효과 분석)

  • Cho, Woo-Jeong;Kang, Shin-Beum
    • Journal of Navigation and Port Research
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    • v.35 no.5
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    • pp.415-421
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    • 2011
  • The purposes of this study were to identify the economic impacts of hosting a marine leisure event and thus provide fundamental information that helps maximize the economic value of the event. In order to accomplish such purposes, this study employed both an economic impact analysis(EIA) using regional input output model and a benefit and cost ratio analysis(BCR). In specific, this study utilized a survey method with a total of 300 event visitors and 70 foreign players and thus collected expenditure data from 110 valid out of town visitors and 58 foreign players. In addition, investment expenditure data were collected from the host city official. Accordingly, EIA and BCR indicated following findings. First, the total direct impact from both visitors and players was 387 million Won and this direct impact resulted in output multiplier effect(OME) of 591 million Won, value added multiplier effect(VAME) of 306 million Won and income multiplier effect(IME) of 252 million Won. Second, the host city's investment expenditure created OME, VAME and IME of 825, 432 and 366 million Won, respectively. In conclusion, these findings suggest that in order to effectively boost potential economic benefits, more marketing efforts development policies should be implemented for increasing the number of out of town visitors and the amount of spendings from them.

Establishment and future tasks of estimated energy requirement in 2020 dietary reference intakes for Koreans (2020 한국인 에너지필요추정량 설정 및 앞으로의 과제)

  • Kim, Eun-Kyung;Kim, Oh Yoen;Park, Jonghoon;Kim, EunMi;Kim, Juhyeon
    • Journal of Nutrition and Health
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    • v.54 no.6
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    • pp.573-583
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    • 2021
  • Energy requirement is defined as energy expenditure in an energy equilibrium state. The doubly labeled water (DLW) method is considered the gold standard for measuring total energy expenditure (TEE). In 2002, the Institute of Medicine (IOM) of the National Academies established dietary reference intakes (DRIs) for Americans and Canadians, and the equations for estimated energy requirement (EER) were developed by using pooled data from studies that had applied the DLW method. Since 2005, these equations have been used for establishing EER in the DRI for Koreans. These equations based on age group include the physical activity (PA) coefficient determined by the PA level (PAL; sedentary, low active, active and very active) as well as body weight and height. The PAL values of Koreans calculated using the DLW method and PA diaries were determined to fall in the low active category (1.40~1.59). Therefore, the PA coefficient corresponding to 'low active' was applied to the EER equations. In recent years, with increasing number of people regularly engaging in various physical activities in Korea, EER is now separately presented for people with 'active' and 'very active' PALs. In the future, like the United States and Japan, Korea needs to expand the DLW research for developing EER predictive equations for Koreans. In addition, standardized guidelines should be prepared to accurately evaluate the PAL using the physical activity diary and the new PA classification table for Koreans.

The Differences in Wives' Financial Management Behavior according to Variables Related Employment and Income, and Perceived Economic Instability (고용.소득관련 변수와 경제적 불안에 따른 주부의 재무관리행동)

  • Jeong, Seo-Leen;Jang, Yoon-Ok
    • Journal of the Korean Home Economics Association
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    • v.45 no.10
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    • pp.59-71
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    • 2007
  • The purpose of this study was to investigate differences in wives' financial management behavior according to variables related employment and income, and perceived economic instability of household. Financial management behaviors were constructed with 4 sub dimensions : investment, income expenditure, risk, and debt management behavior. The subjects of this study were 225 wives. Factor analysis and MANOVA were performed for data analysis. The results of this study were as follows : First, there were signigicant differences in financial management behavior according to variables related employment, i. e. employment state of wives and husbands. Second, there were signigicant differences in financial management behavior according to variables related income, i. e. monthly income, additional income, income stability. Third, there were signigicant differences in financial management behavior according to perceived economic instability of urban household.

Consumer Expectation Index and Household Consumption Expenditures (소비지출 영역별 소비자전망지수와 실제소비)

  • Kim, Kyung-Ja
    • Journal of Families and Better Life
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    • v.26 no.6
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    • pp.181-192
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    • 2008
  • This study investigated the usefulness of Consumer Expectation Index to predict real household spending. Specifically, the forecasting impact of the index on clothing, eating-out, entertainment, education, and health consumption area was examined. The results showed that the CEI was a good indicator for the future household spending of clothing, eating-out, entertainment and total consumption but it was not true for the spending of education and health. Most of CEls were significantly correlated with household spending even when household income and CPI were controlled. The impact of CEls on household spending tended to be lagged by one or two quarters.

Science Policy Towards the 21st Century (21세기 대비 기초과학정책의 방향)

  • 송충한
    • Journal of Korea Technology Innovation Society
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    • v.1 no.2
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    • pp.262-274
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    • 1998
  • The national goals of basic science and technology Policy toward the 21st century are as follows ; first, advancement of knowledge second, production of the excellent scientists and engineers third, contribution to the economic growth and to the improvement of the quality of life. The strategies for reaching the national goals of basic S&T are as follows ; \circled1 enhance the government funding in basic S&T research, \circled2 enforce the connection between research and education, \circled3 extent S&T linkage internationally, \circled4 introduce the priority criteria among the research fields, \circled5 increase the effectiveness of government R& D expenditure.

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A Study on the Teenagers’Management of Pocket Money (제주도 중.고등학생의 용돈관리에 관한 연구)

  • 성화선;김정숙
    • Journal of Korean Home Economics Education Association
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    • v.12 no.1
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    • pp.89-108
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    • 2000
  • The objective of this study is to analyze variables that have significant effects pocket money management of adolescents. and to provide useful information for parents and educators who educate adolescents. Data obtained from questionnaires returned by 1,200 adolescents who were randomly selected from middle and high Schools in Chejudo. The data were analyzed by using SPSS Win Program. 40.3% of the adolescents were satisfied with their pocket money. Monthly average pocket money of them was 305.00₩, middle school students were 19.780₩. high school students were 41.230₩ male students were 32.880₩. and female students were 28,130₩. Pocket money expenditure of adolescents differed significantly according to gender. school, region. and pocket money. 43.3% of adolescents had experiences in doing part time for making pocket money. Gender, school, and pocket money have a statistically significant effect on it. The strongest predictor of pocket money management of adolescents is their consumer socialization. Pocket money management of them mostly was influenced by family. friends. school. and mass media.

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Preliminary Study on Contents Development and Education of Korean Family Living Culture (가정생활문화콘텐츠 개발과 교육에 대한 시론)

  • Jeong, Young-Keum
    • Journal of the Korean Home Economics Association
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    • v.48 no.2
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    • pp.63-74
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    • 2010
  • Interest in family living culture is decreasing in Korea, compared to interest in culture technology and culture industry which are rapidly increasing. Although expenditure on cultural activities is generally increasing, activities that are most preferred are concentrated on personal leisure or public performances. This study takes an in-depth look at the underlying issues related to family living culture in order to highlight its necessity and importance to productive family life. For this purpose, the dynamics of past and current family living culture in Korea are analyzed, with a particular focus on the role of education. Trial family living culture program are suggested based on overall findings.