• Title/Summary/Keyword: Government Spending

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A Study of the Relations between Characteristics of the Elderly with Disabilities and Extra Health Care Costs Caused by Disability (장애노인의 특성과 장애로 인한 추가소요 의료비 지출간의 관련성 연구)

  • Lee, Jong-Hwa;Jung, Hyun-Sik;Hwang, Hong-Gu;Kim, Sung-Woo
    • The Korean Journal of Health Service Management
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    • v.8 no.4
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    • pp.209-220
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    • 2014
  • This study found a relationship between the characteristics of the elderly with disabilities and extra health care monthly costs caused by disability and suggests methods for effectively managing health care spending of the elderly with disabilities. This study used data from the 2011 Survey on the Disabled conducted by the Ministry of Health and Welfare and the Korea Institute for Health and Social Affairs. The results of the analysis indicate that the relations between the socio-demographic characteristics of the elderly with disabilities and extra health care monthly costs caused by disability of the elderly are influenced by factors such as gender, age, members of the household, average monthly income and type of health insurance. Elderly people with disabilities spend too much for their medical care. To solve this problem, the government needs to find a variety of policy approaches to improve administrative procedure, establish a medical delivery system and enhance health care services.

Influence Factors on Health and Medical of Retirees Expense to Public Pension Recipients (공적연금유형에 따른 은퇴자들의 보건의료비지출 결정요인)

  • Choi, Ryoung;Hwang, Byung Deog
    • Health Policy and Management
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    • v.25 no.2
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    • pp.80-89
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    • 2015
  • Background: This study aims to identify the monthly average medical expenses of public pension recipients, and analyze the determinants of total health and medical expenses and Western and Oriental medicine expenses, medical service expenses, and medical supplies expenses. Methods: This study used the fifth year data of 2013 out of the raw data of the Korean Retirement and Income Study collected by the National Pension Research Institute. This study conducted t-test, analysis of variance, and linear regression to verify publicly the relevance between pension recipients' general characteristics and health and medical expenses status using IBM SPSS ver. 21.0 for data analysis. Results: It was analyzed that there is a difference in the spending of expenditure and health care costs according to public pension recipients. Medical expenses of the national pensioners was higher compared to the special corporate pensioners. The national pensioner is related expenditure size, education level, family members living together, residential areas, status of spouse, number of chronic illness, and status of limitation in daily life with psychological health status. Conclusion: Therefore, fairness does not occur fire to the medical use between the special corporate pensioners and national pensioners, aggressive of government such as health policy and financial support for the retiree pension policy that reflects the reality intervention would be required.

The Impact of R&D on the Singaporean Economy

  • Ho, Yuen-Ping;Wong, Poh-Kam
    • STI Policy Review
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    • v.8 no.1
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    • pp.1-22
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    • 2017
  • There has been a pronounced increase in research and development (R&D) expenditure in Singapore over the last two decades, with government spending accounting for a sizeable share. This increase has been spurred by public policy emphasis on research and innovation as engines of economic growth. This paper analyses the impact of R&D on economic performance in Singapore from 1978 to 2012 through the use of time series analysis. The Cobb-Douglas based analysis shows a long-run equilibrium relationship between Total Factor Productivity (TFP) and R&D investments. We found that the short-run productivity of R&D in Singapore is comparable to smaller advanced economies in the Organisation for Economic Co-operation and Development (OECD). However, in terms of long-run R&D productivity, Singapore lags slightly behind the smaller OECD nations and far behind the G7 countries. This suggests leakage of value capture and low absorptive capacity in local firms. Possibility of productivity improvements induced by policy changes in the 1990s was considered, but no evidence of significant structural breaks was found. Lastly, Granger causality analysis reveals that public sector R&D augments private sector R&D capital, thus playing an important role in generating externalities and spillover effects. Policy implications and lessons for other middle-income countries are discussed.

Put Investigation on the energy saving method using inverter driving for cooling pump at MMU training ship (인버터 구동방식에 의한 실습선 냉각수 펌프의 에너지 절감 방법)

  • Lim, Myeong-Hwan;Ahn, Byong-Won;Kim, Bu-Gi
    • Journal of Advanced Marine Engineering and Technology
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    • v.33 no.6
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    • pp.880-885
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    • 2009
  • The ships have a lot of electric machinery needed to supply electricity from the moment of launching coming out of dry dock to docking at jetty. Thus, the ships always have to use alternator and electric machinery that has low efficiency under the low load. Many government service ships like the MMU training ship have been spending lots of time at jetty rather than sailing at sea. These ships are operated under the condition of low load due to the operation of basic machinery at jetty and electric machineries are driven with the status of low efficiency. This paper would suggest the energy saving method for these ships. The investigation describes that shore connection is a great asset to these ships and that the flow rate control by adjusting revolution with the adoption of inverter is better than flow rate control by using throttle valve to save energy. The result is based on the investigation of cooling pump at MMU training ship.

A Study of Schema Mapping Technique for Efficient Establishment of Geospatial DB (지형DB의 효율적 구축을 위한 스키마매핑 기법 연구)

  • Kang, Joon-Mook;Park, Joon-Kyu;Jo, Hyeon-Wook;Lee, Cheol-Hee
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.26 no.1
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    • pp.1-7
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    • 2008
  • The government is spending a large amount of budget to establish NGIS due to the importance of geospatial information. This paper deals with the study of schema mapping technique which can efficiently establish military topographic DB forest layer using digital forest map and other existing geospatial DB. In order to accomplish this each schema of these types of DB was analyzed then, mapping table which connects related attributes was created and finally, military topographical DB forest layer of the area of interest was efficiently established. This research was able to display solutions that resolved compatibility issues between existing geospatial DB of these types, established by the schema mapping techniques described in this research.

A Study on the Appropriate Size of Stores and Countermeasures in Decline Commercial Area in the Original Downtown

  • Ryu, Tae-Chang
    • Journal of Distribution Science
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    • v.19 no.11
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    • pp.49-57
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    • 2021
  • Purpose: In this study, we try to figure out the appropriate size of commercial districts in the original downtown area through empirical studies targeting the Jinju Central Commercial Area in Gyeongnam and Cheonan Station in Chungnam, which are trying to regenerate a specific space that has been lost through government projects. Research design, data and methodology: The current status and characteristics of the shopping district were examined through on-site surveys of the central business district of Jinju, Gyeongnam Province, and Cheonan Station, Chungnam Province, and the size of the empty stores was determined. In addition, the standard median income was used as the survey data along with the survey of the mobile population in the commercial area. Result: The analysis result shows that 883 stores should be maintained considering the overall expenditure and gross sales profit within Cheonan Station in South Chungcheong Province. Currently, considering spending and margins in the Commercial Area, Jinju Central Commercial Area is a place where 222 stores can be sold excessively, and a proper commercial supply plan is needed. Conclusions: In this study, we conducted a demand prediction study in the commercial sector of the most basic sector to regenerate the commercial sector through major regional commercial districts.

Econometric Analysis of the Determinants of Real Effective Exchange Rate in the Emerging ASEAN Countries

  • RAKSONG, Saranya;SOMBATTHIRA, Benchamaphorn
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.731-740
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    • 2021
  • This research aims to investigate the determinants of real effective exchange rate in emerging ASEAN countries, including Indonesia, Malaysia, Philippines, Thailand, and Vietnam. The research was conducted by using quarterly time series data set from 1980Q1 to 2020Q3. Cointegration and the error correction model (ECM) methods were applied to test the long run and short run relationship of the real effective exchange rate and its determinants. The results indicate that the ratio of foreign direct investment to GDP and the government spending have significantly positive impact on real effective exchange rate in the Emerging ASEAN countries. The trade opening had influencing real effective exchange rate in most the Emerging ASEAN countries, except Vietnam. In addition, the international reserve (INR) had significant long-run impacts variables on real effective exchange rate in Malaysia, Thailand and Vietnam. In the short run equilibrium, the error collection term suggest that Indonesia and Malaysia are the fastest speed adjustment to equilibrium. In addition, the term of trade influence the real effective exchange rate in Indonesia, Malaysia, and the Philippines but it is not in Thailand and Vietnam. However, FDI is a major factor of the real effective exchange rate in Vietnam, but not for other countries.

Prediction of the number of public bicycle rental in Seoul using Boosted Decision Tree Regression Algorithm

  • KIM, Hyun-Jun;KIM, Hyun-Ki
    • Korean Journal of Artificial Intelligence
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    • v.10 no.1
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    • pp.9-14
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    • 2022
  • The demand for public bicycles operated by the Seoul Metropolitan Government is increasing every year. The size of the Seoul public bicycle project, which first started with about 5,600 units, increased to 3,7500 units as of September 2021, and the number of members is also increasing every year. However, as the size of the project grows, excessive budget spending and deficit problems are emerging for public bicycle projects, and new bicycles, rental office costs, and bicycle maintenance costs are blamed for the deficit. In this paper, the Azure Machine Learning Studio program and the Boosted Decision Tree Regression technique are used to predict the number of public bicycle rental over environmental factors and time. Predicted results it was confirmed that the demand for public bicycles was high in the season except for winter, and the demand for public bicycles was the highest at 6 p.m. In addition, in this paper compare four additional regression algorithms in addition to the Boosted Decision Tree Regression algorithm to measure algorithm performance. The results showed high accuracy in the order of the First Boosted Decision Tree Regression Algorithm (0.878802), second Decision Forest Regression (0.838232), third Poison Regression (0.62699), and fourth Linear Regression (0.618773). Based on these predictions, it is expected that more public bicycles will be placed at rental stations near public transportation to meet the growing demand for commuting hours and that more bicycles will be placed in rental stations in summer than winter and the life of bicycles can be extended in winter.

The Belt and Road Initiative in Lebanon: A Promising Initiative in a Complex Society

  • AL SHAHER, Shaher;ZREIK, Mohamad
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.151-158
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    • 2022
  • The study aims to investigate Lebanese-Chinese relations within the framework of the Belt and Road Initiative. Lebanon formally joined the effort in 2017; this paper emphasizes Lebanon's geostrategic importance. The paper presents an assessment of the investment risks in Lebanon, which is considered an economically unstable country with a volatile security situation, with many internal and external political hurdles. The paper refers to the obstacles and challenges that the Chinese investor may face in Lebanese society. The study employs qualitative descriptive analysis to address the status of Chinese investment in Lebanon and the consequences of this partnership; the paper examines previous research related to the Belt and Road Initiative and the Lebanese political, security, and economic situation literature. Due to the deteriorating security situation, external intervention, and the economic crisis, the results reveal that Lebanon is not a top investment priority for China, which is a big impediment to China entering into economic cooperation with Lebanon. The findings of this study suggest that the Lebanese government should adopt an anti-corruption policy to build confidence for the Chinese investor, reduce unnecessary public spending, and hold a national dialogue to build confidence among the Lebanese parties.

A Comparative Analysis of Childcare Expansion and Social Investment in Sweden, France, Germany, the UK, Japan and South Korea (스웨덴, 프랑스, 독일, 영국, 일본, 한국의 아동 돌봄 체제와 사회투자에 대한 비교 연구)

  • An, Mi-Young
    • 한국사회정책
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    • v.20 no.2
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    • pp.169-193
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    • 2013
  • This paper examines how a social investment approach can be applied in a comparative analysis of childcare arrangements. We compared changes in Sweden, France, Germany, the UK, Japan and Korea during the 2000s, focusing on four dimensions of social investment: activation, gender equality, quality of care, and the degree of state's intervention in the family. We considered leave systems and the number of children enrolled in formal care and education facilities as indicators for labour market activation. For gender equality, women's position in employment is considered with respect to labour market participation rates, proportion of permanent employment, and wage-sex ratio. Quality of care concerns child-to-staff ratio and care provided with government quality control. The state's intervention was measured as social spending on families as proportions of GDP and total social spending. Our analysis provides empirical evidence that Sweden and France are pioneers in this arena and that the UK, Germany, Korea, and Japan are path-shifters in their care paradigms, albeit to varying degrees. Is the social investment approach an adequate paradigm for care? In a normative sense, this approach has potential. However, the following issues remain unaddressed: gender equality should be achieved through an expansion in good-quality jobs, fathers should be encouraged to take on childcare duties, and families should have universal access to good-quality childcare services controlled by the government.