• Title/Summary/Keyword: Non-Capital Region

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Industry in a Networked World: Globalization and Localization of Industry" (네트워크세계의 산업: 산업의 세계화와 국지화)

  • 박삼옥
    • Journal of the Korean Geographical Society
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    • v.37 no.2
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    • pp.111-130
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    • 2002
  • Major purposes of this stud? are to analyze Korean firms'innovation networks and sources of knowledge for innovation and to understand their spatial dimensions. In the innovation networks, parent firms are most important for subcontracting firms, while suppliers, customers and competitors are relatively important for independent firms. However, in the future innovation networks, it is expected that government-sponsored research institutions and university wilt become more important on the one hand, networks with foreign firms will become more important on the other hand. Regarding the process of innovation, distance does not matter for the acquisition of codified knowledge. Spatial proximity is, however, critical for the acquisition of tacit knowledge because discussions and researches in a research division within a firm, personal networks of CEO and workers who are responsible for innovation activity, and inter-firm relations with suppliers and customer in a region are regarded important as sources of tacit knowledge. Overall, the innovation networks are different between the Capital Region and non-Capital Region as well as between the industrial complex and non-industrial complex, suggesting that different regional innovation strategies and policies should be established and implemented by considering such regional specificities. Finally, based on the results of this study several policy implications are suggested.

Expenditure on Education for Children's Human Capital (자녀의 인적자본 형성을 위한 교육비 지출의 결정요인)

  • Mun, Suk Jae;Kim, Sun Mi;Kim, Seong Hui
    • Journal of Families and Better Life
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    • v.14 no.2
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    • pp.171-171
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    • 1996
  • The Purpose of this study is to find out factors which affect the expenditure on educations for children's human capital and to provide fundamental information to make a policy for education. Data are obtained from 2484 maried couples with children on the pre-school or over. The results of this study are as follows: 1) If the eldest child was in pre-school or public school, the expenditure on private education was higher than that of public education. While in the beyond junior high school, the expenditure on public education was much higher. 2) Life-cycle, the number of children, region, earned income, non-earned income, real assets, Engel's coeeficient were significant impact on the expenditure of education.

Analysis of Green Campus Initiatives Led by Voluntary Participants of University Students

  • Cheon, Wan;Koo, Ja-Kon
    • KIEAE Journal
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    • v.17 no.4
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    • pp.21-32
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    • 2017
  • Purpose: Since 2010, many universities in Korea have been implementing Green Leader Training Programs which are usually run by students themselves. In the last five years of 2015, the Green Leader Training Program under the sponsorship of Korean Association for Green Campus Initiative has promoted the practice of a green campus and many relative projects have been carried out in various fields. Method: We utilized the green campus component index established by the Presidential Committee on Green Growth in Korea and have analyzed 480 activities during the years of 2010~2015. Result: We found that many activities were classified into the environmental field(264, 55.0%). This was followed by university members' participation(130, 27.1%), community engagement(68, 14.2%), and university management(18, 3.7%). These results showed that the green campus initiatives were focused on the environmental field. The number of universities participating from 2010 to 2015 were 20 in the metropolitan area and 15 in the non-metropolitan are. In the metropolitan area, 81.7% of green leader activities were conducted at universities in Seoul, and those in non-capital areas were active in the Middle region(51.3%) and Yeongnam region(48.7%). On the other hand, there was no activity in the Honam region, and it shows that there was a noticeable differential by regional groups.

Financing of Innovation - A Survey of Various Institutional Mechanisms in Malaysia and Singapore

  • Mani, Sunil
    • Journal of Technology Innovation
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    • v.12 no.2
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    • pp.185-208
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    • 2004
  • Production of goods and services always necessarily depends on the use of knowledge. The knowledge intensity of production , however, has increased manifold in the last two decades or so. This is clearly indicated by the rise in the share of knowledge intensive products, which are traded. The production and export of these advanced products are not confined to developed countries alone, but also among developing countries. But in the latter there is considerable concentration of it in a handful of countries primarily in the Asian region. Knowledge underlying production, whether industrial or non-industrial, embodies two types of knowledge: formal and non-formal. In this paper we are entirely concerned with the financing of the creation of formalized knowledge in the context of two similar Asian developing countries, namely Singapore and Malaysia. Three broad types of financial instruments are considered: research grants, tax incentives and venture capital. Both the countries are shown to be having very similar financial instruments for promoting innovation. The timing of these instruments is quite similar too. But one country has performed much better than the other. The main argument of the paper is that while financial instruments are a necessary input for innovation, the sufficient condition lies in the supply of a sufficient quantity of scientists and engineers.

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A Study on Promoting the Intra-Regional Trade in Southeast Asia (동남아시아 역내교역 결정요인 분석 및 시사점)

  • Ra, Hee-Ryang
    • The Southeast Asian review
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    • v.24 no.2
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    • pp.35-79
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    • 2014
  • This study examines the measures for the activation and the growth of intra-regional trade in Southeast Asia taking a look at the four dimensions of tariff rates, non-tariff barriers, trade facilitations, and trade infrastructures. Utilizing a gravity model, we performed empirical analysis and discussed the policy implications with the priorities to implement. To expand the intra-regional trade in Southeast Asia it would be necessary to enhance the level of trade facilitations and provide trade infrastructures, such as ports and airports as well as cutting the tariff rates and eliminating the non-trade barriers. In particular, in the case of exports of ASEAN6 to ASEAN6 the infrastructure is the important factor. Also, in the case of the exports of ASEAN6 to CLMV(Cambodia, Laos, Myanmar, and Vietnam), it is expected that eliminating non-tariff barriers and enhancing trade facilitations may play important roles in the progress of intra-regional trade. These results may provide the important implications for Southeast Asian countries, which are trying to promote intra-regional trade ahead of the constitution of ASEAN Economic Community by 2015. Southeast Asian countries could be evaluated to achieve a certain level of trade liberalization and economic integration through the formation of AFTA. But in order for Southeast Asia to develop to advanced economic integrated region it requires mutual cooperations and policy harmonizations among regional countries. Also, for the elimination of non-tariff barriers, promoting trade facilitations, and providing infrastructures, the administrative, legal, and institutional measures would have to be fulfilled in advance. In addition, capital investment for constructing infrastructures would be necessary to realize the intra-regional trade expansion. However, to achieve the goal, it would require a large capital investment and highly mandated policy considerations and harmonizations among Southeast Asian countries in terms of further trade liberalization and economic integration.

Relationship among FDI, Economic Growth, and Employment (외국인직접투자와 경제성장 및 고용간 관계)

  • Kang, Gi-Choon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.12
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    • pp.574-580
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    • 2019
  • In this paper, the economic performance of the Jeju Free International City and the Free Economic Zone is investigated using statistical testing and the difference in differences (DID) model with data on foreign direct investment (FDI), gross regional domestic product (GRDP), and employment-to-population ratio (EPR). The relationships among FDI, GRDP, and EPR are also investigated using the panel vector error-correction model on the regional data. The compound average growth rate of actual investment, and the ratio of FDI received to FDI declared in the capital region were higher than in the non-capital region. For the growth and relative volume of FDI received, seven regions out of 16 were found to be low in growth and small in relative volume. The results of statistical testing showed statistically significant differences in some variables, except for two regions, but DID estimates that determine the pure policy effect of zone designation showed statistical insignificance. On the other hand, the explanatory power among the three variables was found to be quite limited, but it was greater in the cities, provinces, and non-capital region. In summary, it is necessary to establish the FDI inducement mechanism so the inflow of FDI can increase GRDP and EPR.

Cross-Border Asset Pledgeability for Enhanced Financial Stability

  • Choi, Gongpil
    • East Asian Economic Review
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    • v.24 no.1
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    • pp.89-124
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    • 2020
  • Even with the sizable Foreign Exchange (FX) holdings and good credit ratings of its top assets, Asia remains vulnerable to various shocks. This paper highlights the limited cross-border asset pledgeability as a significant factor for the lingering vulnerability in Asia. The dichotomy in asset holdings between pledgeable FX and non-pledgeable domestic assets in major economies in Asia has been the source of increasing stabilization costs as well as weakened market momentum in the region. Specifically, the peculiar feature of asset holdings in Asia reflects seriously deficient cross-border asset pledgeability that is left unaddressed. Asset pledgeability contributes toward financial stability via three channels: 1) capital market development by recognizing the role of collateral, 2) increased shock absorption capacity via collateral management, 3) and the newly activated safe asset provision. Therefore, it is crucial to go beyond the usual market development strategy and expand the overall asset pledgeability in the region that has remained unduly depressed.

Promoting Regional Innovation Projects and Cluster Formation in Korea (지역혁신사업 추진지역의 산업 클러스터 형성여건과 정책적 함의)

  • Kwon, Young-Sub
    • Journal of the Korean Academic Society of Industrial Cluster
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    • v.1 no.1
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    • pp.29-46
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    • 2007
  • The purpose of this paper is to analyses current status and issues of cluster formation and extract policy implications. To this end, the questionnaire which surveyed the level of cluster formation were executed targeting the actors of regional innovation projects(RIPs). The results show that the situations and development stage of the cluster formation between capital region and non-capital region, large cities and small and medium sized cites are different. The level of clustering is also satisfactory, which is a requirement for cluster formation at its early stage. However, the capacity for phase II of cluster growth is not sufficient yet in terns of relationships between ventures and large corporations, institutions supporting management, finance and marketing, researchers from each individual sector of strategic industries and spin-off fines. Therefore, RIPs should be promoted with different policy tools for various regions that are devised according to the varying development stage of each region. The location of RIPs should be determined considering efficiency rather than equity, clustering rather than decentralization, and specialization rather than multiple development. In the long term, developed regions should pursue balanced regional development, with underdeveloped regions targeting specialization.

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The Analysis of Regional Characteristics of the Aging Population in Korea (한국 인구고령화의 지역적 특성 분석)

  • Choi, Jae-Heon
    • Journal of the Economic Geographical Society of Korea
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    • v.16 no.2
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    • pp.233-246
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    • 2013
  • This paper investigates both the spatial patterns of aging population and its formal regional structure in 2010. The results are as follows: first, aging index shows high values in remote mountainous and coastal regions while showing relatively low values in Capital Region and large provincial cities. Aging index has low negative correlation with such variables as population increasing rate, ratio of youth population, ratio of apartments, and ratio of newly built housing. However, aging index shows high positive correlation with variables including ratio of single unit house, ratio of aged peoples' house ownerships, ratio of welfare recipients, ratio of old housing, and number of public healthcare facilities. Secondly, four factors are identified from factor analysis including aging factor, welfare factor, economic vitality factor, and new town factor. The aging level of a region is negatively related to the strong level of those factors. Thirdly, cluster analysis results in four different types of formal regions including rural mountainous coastal type, rural non-capital region type, large metropolitan type, and provincial industrial city type.

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Regional Variations of Poverty in Korea -How are Capital and Metropolitan Area Different from Non-Capital and Non-Metropolitan Area?- (한국사회 빈곤구조의 지역 편차 분석 - 수도권과 지방의 빈곤 격차를 중심으로 -)

  • Lee, Sang-Rok;Baek, Hak-Young
    • Korean Journal of Social Welfare
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    • v.60 no.4
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    • pp.205-230
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    • 2008
  • This study analyzed the regional effects on the poverty status of households and the poverty difference between Metropolitan and Non-metropolitan area in Korea. The Korea Welfare Panel Study was used for the study, and the results are as follows. First, the poverty rate of Non-metropolitan area is higher than Metropolitan area, and the poverty rate of small-sized regions is the highest area among Non-metropolitan areas. It shows that the poverty of regions is deeply related with the development of region. Second, the people living in Non-metropolitan area have experienced more hardships than the people of Metropolitan area, even though they have similar socio-demographic characteristics. It implies that living in the Non-metropolitan area is to have much more risk of poverty. Third, the regional effects on the poverty are found, that is, living in Non-metropolitan areas is positively associated with the poverty probability. Lastly, regional effect, that is the differences of the poverty probability between Metro and Non-metropolitan areas, is estimated as $49.2{\sim}73.7%$ of total poverty differences. Results of this study suggest that regional poverty policies are necessary to solve the regional differences of poverty in Korea.

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