• Title/Summary/Keyword: Non-Economic Effect

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Wage Differentials between Standard and Non-standard Workers: Assessing the Effects of Labor Unions and Firm Size (정규직과 비정규직의 임금격차 : 노동조합과 기업규모의 영향을 중심으로)

  • Lee, Injae;Kim, Tai Gi
    • Journal of Labour Economics
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    • v.32 no.3
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    • pp.1-26
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    • 2009
  • Using panel data from the Korean Labor and Income Panel Study(KLlPS), we examine the wage differentials between standard and Don-standard workers. To control for unobserved individual heterogeneities, we estimate the fixed effect models. Our results show that the OLS estimates are upwardly biased. We also find that labor unions and firm size are important determinants of the wage differentials.

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Patenting abroad and its effects on exports and sales in Korean Manufacturing firms (해외 특허출원이 한국 제조업 기업 수출과 매출에 미치는 영향 실증분석)

  • Yun Bai;Keunyeob Oh
    • Korea Trade Review
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    • v.47 no.6
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    • pp.211-228
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    • 2022
  • With the advent of a recent knowledge-based society, interest in patents is steadily increasing. The patent is an important indicator that can capture the level of R&D investment and technology development. In an era of deepening new protectionism and the pandemic of COVID-19, patents play an important role in sustainable economic development and establishing a strong domestic industrial ecosystem. In this paper, we analyze the impact of patent applications on the corporate performance of the Korean manufacturing industry over the past 21 years from 1999 to 2019. We divide patents into overseas patents and domestic patents and analyze the respective effects on the entire manufacturing industry, ICT industries, and non-ICT industries. Major findings are summarized as follows. First, patents have a positive effect on both exports and sales of Korean manufacturing companies. Second, overseas patents have a greater impact on corporate performance than domestic patents. Third, Patents have a more positive effect on ICT industries than on non-ICT industries.

Gyeongbu Highway: Political Economic Geography of Mobility and Demarcation (경부고속도로: 이동성과 구획화의 정치경제지리)

  • Choi, Byung-Doo
    • Journal of the Economic Geographical Society of Korea
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    • v.13 no.3
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    • pp.312-334
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    • 2010
  • This paper examines the process of Gyeongbu Highway construction from the standpoint of political economy, which was pursued by President Park Jeong-Hee in the 1960s, focusing on the politics of mobility and demarcation implied in it. As results of examination, it can be argued that Gyeongbu Highway was seen as a powerful element to promote a socio-spatial integration of population and hence to enforce an authoritative political power of the Park regime through creation of mobility; that it has had an strong impact on changing the physical landscape of national space and the spatio-temporal rhythm of everyday life by extending the 'machine space' as a non-place; that it has provided a physical infrastructure on which the period of capital circulation could be reduced through its effect of space-time compression. But Gyeongbu Highway has led serious problems such as uneven regional development, expansion of non-place or alienated place, ecological destruction and pollution. In conclusion, a sustainable politics is suggested to overcome this kind of 'tragedy of highway' and to develop the highway as a true way of political and spatial balance and integration.

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Marketing Standardization and Firm Performance in International E.Commerce (국제전자상무중적영소표준화화공사표현(国际电子商务中的营销标准化和公司表现))

  • Fritz, Wolfgang;Dees, Heiko
    • Journal of Global Scholars of Marketing Science
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    • v.19 no.3
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    • pp.37-48
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    • 2009
  • The standardization of marketing has been one of the most focused research topics in international marketing. The term "global marketing" was often used to mean an internationally standardized marketing strategy based on similarities between foreign markets. Marketing standardization was discussed only within the context of traditional physical marketplaces. Since then, the digital "marketspace" of the Internet had emerged in the 90's, and it became one of the most important drivers of the globalization process opening new opportunities for the standardization of global marketing activities. On the other hand, the opinion that a greater adoption of the Internet by customers may lead to a higher degree of customization and differentiation of products rather than standardization is also quite popular. Considering this disagreement, it is notable that comprehensive studies which focus upon the marketing standardization especially in the context of global e-commerce are missing to a high degree. On this background, the two basic research questions being addressed in this study are: (1) To what extent do companies standardize their marketing in international e-commerce? (2) Is there an impact of marketing standardization on the performance (or success) of these companies? Following research hypotheses were generated based upon literature review: H 1: Internationally engaged e-commerce firms show a growing readiness for marketing standardization. H 2: Marketing standardization exerts positive effects on the success of companies in international e-commerce. H 3: In international e-commerce, marketing mix standardization exerts a stronger positive effect on the economic as well as the non-economic success of companies than marketing process standardization. H 4: The higher the non-economic success in international e-commerce firms, the higher the economic success. The data for this research were obtained from a questionnaire survey conducted from February to April 2005. The international e-commerce companies of various industries in Germany and all subsidiaries or headquarters of foreign e-commerce companies based in Germany were included in the survey. 118 out of 801 companies responded to the questionnaire. For structural equation modelling (SEM), the Partial-Least. Squares (PLS) approach in the version PLS-Graph 3.0 was applied (Chin 1998a; 2001). All of four research hypotheses were supported by result of data analysis. The results show that companies engaged in international e-commerce standardize in particular brand name, web page design, product positioning, and the product program to a high degree. The companies intend to intensify their efforts for marketing mix standardization in the future. In addition they want to standardize their marketing processes also to a higher degree, especially within the range of information systems, corporate language and online marketing control procedures. In this study, marketing standardization exerts a positive overall impact on company performance in international e-commerce. Standardization of marketing mix exerts a stronger positive impact on the non-economic success than standardization of marketing processes, which in turn contributes slightly stronger to the economic success. Furthermore, our findings give clear support to the assumption that the non-economic success is highly relevant to the economic success of the firm in international e-commerce. The empirical findings indicate that marketing standardization is relevant to the companies' success in international e-commerce. But marketing mix and marketing process standardization contribute to the firms' economic and non-economic success in different ways. The findings indicate that companies do standardize numerous elements of their marketing mix on the Internet. This practice is in part contrary to the popular concept of a "differentiated standardization" which argues that some elements of the marketing mix should be adapted locally and others should be standardized internationally. Furthermore, the findings suggest that the overall standardization of marketing -rather than the standardization of one particular marketing mix element - is what brings about a positive overall impact on success.

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The Vicious Cycle of Regional Exodus: Examining the Economic Environment of Birthplace and the Out-migration of Young Individuals (지역이탈의 악순환: 출생지의 경제 환경과 청년 취업자의 지역이탈)

  • Wonchang Hur;Song Hyun Seo;Bogang Jun
    • Journal of the Korean Regional Science Association
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    • v.40 no.1
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    • pp.53-67
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    • 2024
  • Regional migration is a problem faced by all non-metropolitan areas in Korea, but the extent of migration varies depending on regional economic conditions. This study examines how the extent of youth migration varies depending on the economic conditions of their birthplaces. The results showed that youth migration was more severe in areas suffering from population decline and aging problems. The smaller the economy and the weaker the financial independence of the region, the more severe the youth migration. In particular, commercial, educational, and cultural facilities, except for medical facilities, were not able to curb youth migration. In addition, there was a significant wage gap between those employed in the metropolitan area and those employed in the regions, regardless of their origin. This suggests that non-metropolitan areas are caught in a vicious cycle of regional economic deterioration and youth migration.

Evaluating the Economic Damages to Anglers of the Marine Recreational Charter due to the Herbei Spirit Vessel Oil Spill (허베이 스피리트호의 기름유출에 따른 바다유어낚시어선 이용객의 경제적 손실평가연구)

  • Pyo, Heedong
    • Ocean and Polar Research
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    • v.36 no.3
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    • pp.289-302
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    • 2014
  • This paper aims to evaluate the indirect economic damages to anglers of the marine recreational charter caused by marine pollution associated with the Herbei Spirit vessel, which spilled 12,547 kl of crude oil in Taean coastal areas in December 2007. In order to evaluate the indirect cost to anglers of the charter fishing, consumer surplus for charter fishing is estimated using a Poisson model (PM), a negative binomial model (NBM), a truncated Poisson model (TPM), and a truncated negative binomial model (TNBM), which account for the characteristics of count data (non-negative discrete data), for individual travel cost method (ITCM). Because of over-dispersion problem in PM and TPM, NBM and TNBM are considered to be more appropriate statistically. All parameters such as income, fishing careers, travel cost and catch that are estimated are statistically significant and theoretically valid. Based on TNBM results, consumer surplus per trip and per person was estimated to be 277 thousand won, total consumer surplus per person and per year about 2.3 million won, and the marginal effect of consumer surplus on % changes in catch rate is about 33 thousand won. The consumer surplus was converted into total indirect economic damages for aggregation which are evaluated to be 125 billion won, reflecting the number of anglers and damage rate.

An Dynamic Analysis of Quality Control in Korean Manufacturing Industry (한국제조기업 품질관리활동의 동적 분석)

  • 이순룡;이광재
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.10 no.16
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    • pp.183-195
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    • 1987
  • The effectiveness of quality control is contingent to adaptability to the present circumstance. The objectives of this study are to provide empirical data to carry out qualify control effectively. To accomplish this purpose, an empirical study was made by questionaire (mailing survey method, Feb. to Mar. in 1987). The sample is the 167 companies in Korean manufacturing industry. The main findings out of the analysis are as follows the stage of quality control is concentrated in appraisal phase, the company standard is equiped gradually in non-KS marked company and the need of economic evaluation about quality control is increased gradually. With a view to analysing of relationship between quality control and it's effect factors (company standard, KS mark, computer based information system), the methods of $\chi$$^2$ test are used. The company standard have a significant difference in top manager's altitude to duality control, operation stage of quality control. operation scope of qualify control and quality budgeting system but is insignificant with economic evaluation about duality control. Otherwise, KS mark is insignificant with the equality control activity except for operation scope. The quality information system based in computer have a significant difference in operation stage, operation scope and economic evaluation. Therefor, for the purpose of attaining effectiveness of quality control through the economic evaluation about quality control, the company standard and computer based duality information system must be utilized in quality control activity.

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A Study on the Effect of Dietary Life and Health on the Changes in Economic Conditions of Korean Youths due to COVID-19 (코로나19로 인한 청소년의 경제적 상태 변화에 따른 한국 청소년의 식생활 및 건강에 미치는 영향)

  • Kim, Ho-Kyoung;Nam, Hyong-Kyong
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.5
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    • pp.765-772
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    • 2022
  • This study aims to understand the influence of COVID-19 on youth daily life by analyzing the correlation between youth health and diet according to whether economic status has changed due to COVID-19 and to provide basic data on program construction for the welfare of socially marginalized adolescents. As a result of the study, the proportion of respondents who answered that there was a change in economic status at a high rate for decreased academic performance (p<0.001), stress perception, and suicidal thoughts (p<0.001), and the proportion of decreased number of breakfasts and increased fast food consumption (p<0.001) was also high. These results of the study are thought to be the reason for the increase in adolescents who are alienated due to changes in home conditions due to COVID-19, which is expected to affect the physical and mental health of adolescents who lack communication and guidance, and the increase in delinquents rate due to reduced academic concentration and increased junk food intake. Therefore, through this study, it can be helpful to use basic data for the development of welfare programs such as non-face-to-face as basic data for teenagers alienated from COVID-19.

Exploration of Antecedents of Quality of Life and Perceived Healthiness for Senior Citizen at Chungbuk Province (충북 지역 노인들의 삶의 질과 주관적 건강도의 선행요인에 대한 탐구)

  • Song, Myungkeun;Lee, Won Seok;Moon, Joonho
    • Asia-Pacific Journal of Business
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    • v.13 no.3
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    • pp.417-431
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    • 2022
  • Purpose - The purpose of current study is to investigate the determinants of quality of life in Chungbuk province using Korean longitudinal study aging data. Design/methodology/approach - This study used quality of life and perceived healthiness as the dependent variables. This study selected perceived healthiness, economic participation, annual travel frequency, religion, and fellowship as the independent variables to account for quality of life. For the data analysis, this study implemented econometric analysis, which includes ordinary least square, one-way fixed effect, and feasible generalized least square. Findings - Perceived healthiness positively affected quality of life. Also, quality of life is positively influenced by economic participation and annual travel frequency. However, religion and fellowship appeared as non-significant attribute to account for quality of life. The results also present that perceived healthiness is positively influenced by economic participation, annual travel frequency, and fellowship. Research implications or Originality - Given the results, this offers the implication for the senior citizen welfare policy. This study also produced policy implication for local community.

A Study of the Non-market Effects of Five-day Workweek (주5일 근무제도 실시의 노동시장 외적 효과)

  • Park, Cheolsung
    • Journal of Labour Economics
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    • v.37 no.4
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    • pp.59-88
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    • 2014
  • I estimate the non-market effects of implementing five-day workweek controlling for the individual-job fixed effect. I find that the implementation of five-day workweek has improved an individual's subjective health status, increased the frequency of exercises, increased the probability to get education or training other than job training, improved subjective quality of life, increased spending for leisure and cultural activities, and improved an individual's satisfaction with the job and the employer. Much of the effects are due to reduction not of working hours but of working days.

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