• The Journal of Society for e-Business Studies
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• v.25 no.4
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• pp.77-109
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• 2020

In this paper, we build a gradient Boosting model to predict government SME R&D subsidy, select features of high importance, and measure the impact of each features to the predicted subsidy using PDP and SHAP value. Unlike previous empirical researches, we focus on the effect of the R&D subsidy distribution pattern to the incentive of the firms participating subsidy competition. We used the firm data constructed by KISTEP linking government R&D subsidy record with financial statements provided by NICE, and applied a Gradient Boosting model to predict R&D subsidy. We found that firms with higher R&D performance and larger R&D investment tend to have higher R&D subsidies, but firms with higher operation profit or total asset turnover rate tend to have lower R&D subsidies. Our results suggest that current government R&D subsidy distribution pattern provides incentive to improve R&D project performance, but not business performance.

• Asian-Australasian Journal of Animal Sciences
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• v.12 no.3
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• pp.429-434
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• 1999

In this study the financial performance of small scale dairy farms participating in the government subsidy programme and the impact of this government intervention on the number of animals owned, production and consumption of milk and labour employment in the farm households have been examined. After receiving the subsidy, dairy farmers expanded their herd size. The major changes occurred in the ownership of calves, heifers and cows in all categories of farms. Significant increases in production and consumption of milk as well as in labour employment were observed. The rates of increase for all the parameters studied were much higher in farms adopting cross breeding compared to those in only local-breed farms. The analysis showed that dairying was a profitable business. However, profitability was greater with cross-bred than with local-bred animals.

• The Journal of the Korea Contents Association
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• v.16 no.5
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• pp.157-171
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• 2016

The aim of this study is to analyze the relationship between fluctuations of a government subsidy and research outputs on the basic research field. An analysis of this study was conducted on basic research projects specifically on the field of information technology (IT) filed at university and Individual Research Programs of Korean ministry. Using various project characteristic variables, relationship between dependent variables and independent variables was controlled. To summarize results of a regression analysis, from looking at the correlation between fluctuations of a government subsidy and basic research outputs (weighted papers and patents), the result showed a positive relationship. The maximum effect of increased research funding projects on research outputs was 8 times greater than an effect of maintained funding projects. Moreover, the maximum effect of decreased research funding projects on research outputs was 4 times greater than an effect of maintained funding projects. Base on this result, we suggested implications from academic and practical aspects.

• 한국신재생에너지학회:학술대회논문집
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• 2010.11a
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• pp.144-144
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• 2010

Reasonable usage methods of energy resources, which are limited for human beings to use, consists of new & renewable energy (NRE) and demand side management (DSM). All technologies and policies for energy resources are classified into two fields, methods for using new energy resources and methods for using conventional fuel energy resources. Various development activities for these fileds have been implemented and various subsidy programs have been operated to penetrate into markets rapidly. These subsidy programs have various types of subsidy by energy resources and programs and the budget are funded by government, which is called Electric Power Industry Basis Fund and is managed considering technology level, economic analysis, global environment, etc. These subsidy programs are managed by Korea Energy Management Corporation (KEMCO) for NRE and by Korea Electric Power Corporation (KEPCO) for DSM, the management are different among two corporations because the purposes and features of establishment are different though these are all public organization. KEMCO is managing the NRE subsidy programs according to the government will, while the management of KEPCO subjects to power system operations though the government will for DSM is considered. NRE which is on the initial phase of diffusion would not affect on power system seriously but the affects could be grown when the diffusion and importance are expanded. Hence some integrated affection analyses considering NRE and DSM are required and this paper shows the concept of integrated operation strategies with ground source heat pump systems which are related with two fields simultaneously.

• Korean Journal of Agricultural Science
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• v.38 no.1
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• pp.173-181
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• 2011

Korean government has executed some programs to support producers and/or exporters for the promotion of agro-food exportation. Especially, governmental subsidizing program about the distribution cost for agro-food exportation shows positive effects. However, this subsidy should be changed or partly abolished due to the low effectiveness of subsidy. The goal of this paper is to analyze the effectiveness of governmental subsidy and to present the agro-food products with the low effects of subsidizing program. As the results of analysis, the subsidy for several products, including Ginseng drinks, Paprika, and Chrysanthemum, might be considered to be stopped due to low effectiveness.

• Journal of the Society of Disaster Information
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• v.8 no.3
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• pp.258-266
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• 2012

There are some problems for the designation criteria of metropolitan railroad project such as the similarity between urban railroad and metropolitan railroad, and the discriminative government subsidy. In this paper, the revised designation criteria is suggested. The ratio of commuter trips over all trips should be over 5% and the radius from the CBD of the central city be below 50km for the range of metropolitan railroad. The journey speed of metropolitan railroad should be over 60km/h. The revised criteria suggested in this paper can prevent the waste of central government subsidy and raise the responsibility of the local government.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.28 no.2
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• pp.81-93
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• 2005

The main purpose of this paper Is to develop the Management Resource Analysis System for KOTRA which is based on Activity Based Costing(ABC). Because the products and services of KOTRA are exclusive and include a government subsidy, we need develop a different system from the private firm's ABC system. The Management Resource Analysis System that we propose is embodied using JAVA and JSP within an UNIX environment and developed as a Web-enabling base. It is expected for aiding a manager's decision-making such as resource inquiry, standard resource analysis, estimating the ratio of a government subsidy, case based reasoning, what-if analysis. The results of this paper suggest what points are to be considered when we apply ABC for Government Investment Corporation.

• International conference on construction engineering and project management
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• 2011.02a
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• pp.636-646
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• 2011

Post-occupancy evaluation (POE) techniques have been developed to provide a means for evaluating occupant responses to changes in an environment and linking this response to physical measures of that environment. POE has been used to systematically evaluate the performance of buildings after they have been built and occupied for some time. This paper present findings on factors (social and physical), which influences housing residential satisfaction of a sample of occupants in four different government Housing Subsidy locations in the Gauteng Province of South Africa. Descriptive statistics were carried out on the data obtained through the use of occupant survey. Findings emanating from the survey revealed that the respondents were satisfied with their overall housing situation, but had complaints about certain aspects of the housing unit. However, the respondents felt that most of their housing needs were not being met. Also, a comparison is also made of the perceived factors of dissatisfaction amongst the housing subsidy occupants. It is recommended that a wider systematic coverage of the subject through investigation and diagnostic POE and occupants need assessment should be carried in housing subsidy schemes in South Africa.

• KDI Journal of Economic Policy
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• v.33 no.2
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• pp.111-143
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• 2011

As the 'jobless growth' is developing into a worldwide phenomenon, many countries try to recover a virtuous relationship between the growth and employment using various wage subsidy programs. This study focuses on wage subsidy to employers, labor demand-side wage subsidy for which one can think of two types-a tax credit(a flat wage subsidy) and a social insurance premium exemption(a proportional wage subsidy). For job creation, Korean government reintroduced a tax credit to small and medium-sized enterprises(SMEs) which have increased their employment level in 2010. But many experts has continuously insisted that it should be replaced with a social insurance premium exemption arguing only a few SMEs benefit from the tax credit as most of them are actually not paying any corporate or general income tax bills. However, as the insurance premium exemption accompanies an increase in the amount of budget with the coverage widen, one cannot confirm its cost effectiveness over the tax credit. This paper aims to provide a theoretical analysis to derive some formal conditions under which a social insurance premium exemption creates more jobs than a tax credit does given a budget constraint. We show that the former's dominance over the latter depends on whether there exists a dead zone of social insurance or not. If there does not exist a dead zone, a social insurance premium exemption is more desirable in many cases, whereas one cannot guarantees its dominance over a tax credit if there exists a dead zone. Therefore in order to realize its dominance, the government should minimize a dead zone so that most SMEs effectively benefit from the insurance premium exemption. In addition, applying discriminative exemption rates which reflect each firm's job conditions such as wage level and labor demand/supply sensitivity, the government try to enhance job creation effect.

• Journal of Labour Economics
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• v.43 no.2
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• pp.135-159
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• 2020

This paper analyzes and compares the effects of various government subsidies to improve labor productivity. Laborers are differentiated in learning ability, and duopsonists in the labor market sequentially determine the quality levels and wages of employed laborers in a two-stage noncooperative game under perfect information. If a subsidy is given to the advanced firm in quality and productivity of labor, that firm will prefer to intensify wage competition due to strengthening its competitiveness in the labor market, and attempt to lower its quality in order to reduce the degree of differentiation in quality. At that time, the other firm wants to avoid competition because of its weakened competitiveness, and may have an incentive to lower the quality level to expand the differentiation. If the government subsidizes low-quality and low-productivity firm, it is motivated to increase its quality level to reduce differentiation due to the strengthening of competitiveness, and its competitor has an incentive to improve the quality to expand the differentiation. And there is no significant difference in whether payments are made to laborers or firms.