• Journal of Digital Convergence
• /
• v.17 no.11
• /
• pp.1-7
• /
• 2019

This study analyzed the effects of labor aging on labor productivity using panel statistics of 16 local governments from 1995 to 2017. The aging of the labor force, defined as the proportion of workers aged 60 or older in total employment, in the results of the panel regression analysis considering regional fixed effects and various adjustment variables, has a very consistent and significant negative effect on labor productivity. For every 1% increase in aging, labor productivity decreases by about 0.14 ~ 0.20%. In addition, the per capita capital stock and human capital considered as adjustment variables contributed to the increase of labor productivity, and the unemployment rate, which is a proxy variable of the economic fluctuation, has a significant negative effect on labor productivity as expected. The coefficient of the industrial structure, which represents the share of the service industry in the whole industry, was positive, but is not significant. The results of this study suggest that the design and construction of economic and educational policies that can maintain and expand human capital are necessary to curb the reduction in labor productivity expected by the aging workforce.

• International Area Studies Review
• /
• v.12 no.3
• /
• pp.419-448
• /
• 2008

The objective of this study is to conduct a quantitative assessment of potential impacts on the Korean economy of Agreement on Trade in Services Under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Republic of Korea and the Member Countries of the Association of Southeast Asian Nations which was signed on 21 November 2007 using a Computable General Equilibrium (CGE) model. Tariff equivalents of services were calculated on the basis of concessions made in the Agreement between Korea and ASEAN member countries. The empirical analysis shows that Korea is to get an additional gain in real GDP of 0.04 percent and in welfare of US$106 million, with an increase in per capita utility of 0.03 percent. Total exports and imports of Korea are to rise by US$179 million and $191 million, respectively, causing a trade deficit of $12 million. Korea's exports to ASEAN member countries will increase by $108 million and Korea's imports from them will rise by $278 million, giving rise to a trade deficit of $170 million.

• Journal of Korea Water Resources Association
• /
• v.52 no.6
• /
• pp.441-449
• /
• 2019

Drought is a longer lasting and more extensive disaster than other natural disasters, resulting in significant socioeconomic damage. Even though drought events have same severity, their damage vary from region to region because of spatial, technical, economic, and social circumstances. In this study, drought vulnerability was assessed considering socioeconomic factors. Preliminary factors were identified from the case study for Chungcheong province, and evaluative factors were selected by applying the principal component analysis. The entropy method was applied to determine the weights of evaluative factors. As a result, in Chungcheong province, farm population, number of recipient of basic living, water fare gap indicator, area of industrial complex, amount of underground water usage, amount of water available per capita, water supply ratio, financial soundness for water resources, amount of domestic water usage, amount of agricultural water usage and agricultural land area were chosen as the evaluative factors. Among them, the factors associated with agriculture had larger weights. The overall assessment of vulnerability indicated that Cheongju, Dangjin and Seosan were the most vulnerable to drought.

• Journal of Climate Change Research
• /
• v.4 no.2
• /
• pp.159-175
• /
• 2013

Emission reduction targets to respond to climate change have been discussed and set locally, nationally and globally. After Korean government set the national target in 2009, 16 metropolitan cities established voluntary emission reduction targets by 2020. This study review and compare historical greenhouse gas emissions, reduction target by 2020 and strategies in 16 metropolitan cities. Most cities chose a consumption-based inventory approach. Some cities set the reduction target excluding land use change and forestry (LUCF) at 30% against business-as-usual by 2020, while others set the absolute reduction target against past year including LUCF. The stringency of reduction target in metropolitan cities was evaluated differently according to the comparative indicators such as the targets against BAU or past year and per capita emission, etc. Key mitigation sectors were different across metropolitan cities. It is suggested that national government share detailed raw data for metropolitan cities' emission inventory with the local government. Using advanced mitigation model and two types' target based on BAU and historical year and integrating local government's climate change plan with its energy plan are also required.

• Journal of the Korea Organic Resources Recycling Association
• /
• v.27 no.1
• /
• pp.15-22
• /
• 2019

This study analyzed the correlation between generation of municipal solid waste (MSW), number of tourists, and area of accommodation facilities of small island such as Shin, Si, Mo and Jangbong island in Ongjin county, Incheon for use as basic data for estimation of MSW generation. An analysis of statistics data from september in 2012 to august in 2018 showed MSW generation was steadily increasing, and MSW generation in 2018 was increased by about 3.98 times compared to 2012. In summer, which is the tourist season, MSW generation was 2.43~9.39 times higher than in winter. MSW generation was influenced by the number of tourists. As of August 2018, generation rate of per capita of MSW was $0.839kg/cap{\cdot}day$, which was about 3.71 times higher than August 2013. Area of accommodation increased continuously from 2008 to 2017, increasing by about 8.32 times. The coefficient of determination between the area of accommodation and the number of tourists was 0.8418. Also coefficient of determination between area of accommodation and MSW generation were 0.9370 and 0.6025 before and after August in 2015, respectively. Accommodation was lacked due to increase of tourists. Although accommodation was scarce because of increase in the number of tourists since 2015, the coefficient of determination decreased due to the increase in waste generation.

• International Area Studies Review
• /
• v.22 no.2
• /
• pp.19-40
• /
• 2018

This paper aims to quantify the determinants of the Gulf Cooperation Council (GCC) countries' exports by using an augmented gravity model. The gravity model was applied to the six members of the GCC (Kuwait, Saudi Arabia, Bahrain, Qatar, the United Arab Emirates and Oman) with datasets that consist of their major 55 trading partners. The findings of this paper reveal that the product of the exporter's GDP and its trading partner's GDP had a significantly positive effect on the exports of five GCC members, except for Qatar. Distance had a significant and negative effect on the exports of the UAE, Saudi Arabia and Oman, while it had a significantly positive effect on those of Bahrain and Qatar. The exporter's GDP per capita had a significantly positive effect on the exports of Bahrain, the UAE and Oman, while a negative effect on Saudi Arabia's exports. The exporter's population had a significantly positive effect on the exports of all six GCC members, while the importer's population had a significantly positive effect on the exports of Kuwait, Bahrain and Qatar, yet, a significantly negative effect on Saudi Arabia's exports. Borders had an insignificant effect on the exports of the six members. The common language had a significant and positive effect on the exports of Kuwait, Saudi Arabia, Bahrain and Oman. FTAs had a significantly positive effect on the exports of Bahrain and a significantly negative effect on Qatar's and Oman's exports. The membership of the GCC had a significantly positive effect on the exports of Kuwait, Bahrain and Qatar, while it had a negative effect on Saudi Arabia's exports.

• 한국노년학
• /
• v.28 no.4
• /
• pp.907-923
• /
• 2008

The main purpose of this paper is to analyse the determinant factors affecting the budget for welfare of the aged. This study employs the statistical data of fourteen different cities and counties of local government in Jeollabukdo. According to the analysis, in the county, the rate of the aged and populations of social-economic factors and the number of public officials of political-administrative factors turned out to be important influencing of budget for the aged welfare. However, incrementalism has no validity of statistics. Also, In the fiscal factors, estimated expenditures in per capita influenced a negative effect on the budget of the aged welfare. As the results of this research, the policy implications are suggested as follows. First, in order to reduce the gap of the aged welfare service between regions, the greater subsidy is provided by government and the budget of the aged welfare is enlarged positively. Second, as the considering regional characteristic, the higher ratio of the aged, the greater budget of the aged welfare is enlarged, especially in the county. Third, the budget of the aged welfare has to be regarded by the number of public officials.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.15 no.6
• /
• pp.55-65
• /
• 2020

The purpose of this study is to empirically analyze the factors that affect start-up activities at the national level. Unlike most existing research about entrepreneurship at the individual level, this empirical analysis makes use of the total early-stage entrepreneurial activity(TEA) index at national level. This was developed by the Global Entrepreneur Monitor (GEM) as the measure for the degree of entrepreneurship of the countries. Based on the previous studies, not only national income level and unemployment rate, but also other factors including the cultural characteristics of the countries were included in our regression model. Using GEM's panel data, we found that the effectiveness of the factors depends on the stage of economic development. In particular, we found 'U-shape' relationship between the level of per capita income and entrepreneurship activity by the panel regression analysis using quadratic function. This analysis result can explicitly confirm what the existing literature have explained descriptively. Furthermore, the governmental support programs are shown to have significantly positive effects on the entrepreneurship or start-up activities in the factor-driven and efficiency-driven economies. On the contrary, those programs were not very helpful in the innovative economies. Lastly, this research suggests that the 'education and training' and the 'entrepreneurial culture' be the supportive norm for new business regardless of the economic development level.

• International Area Studies Review
• /
• v.15 no.1
• /
• pp.241-266
• /
• 2011

This study examines the determinants of proportion of self-employed and their policy implications focusing hotel/restaurant and wholesale/retail sectors in Korea. In this study, we estimate the optimal size of self-employed in Korea using OECD data. Several hypothesis are tested by use of the regression analysis on the panel data of OECD economies during 2000-2007 period. Using the panel data of per capita GNI, unemployment level, income tax burden, we found that the excess supply level of self-employed was about 8.0%~9.5% overall. We also found that the excess supply level of self-employed was 13.7~14.1% for hotel and restaurant sector, and 10.4~11.1% for wholesale and retail sector. This results imply that strategically coordinated programs for noncompetitive sectors are more effectively implemented. Furthermore, more aggressive entry and exit policies are needed to solve the over-supply problem of self-employed in Korea.

• International Journal of Computer Science & Network Security
• /
• v.24 no.7
• /
• pp.128-142
• /
• 2024

Creation and implementation of export-oriented strategy is an urgent issue of economic development of any country. In an export-oriented model of economic development, exports should be a means of promoting economic growth and a tool to strengthen existing and potential competitive advantages. Agricultural production is the key factor in exports and the source of foreign exchange earnings in many countries. However, the export potential of agricultural producers may be inefficiently fulfilled due to the heterogeneity of countries in terms of economic development, trade relations and border policy. The aim of the research is to study the nature, main trends and problematic aspects of fulfilling the export potential of agricultural production in the context of aggravating food crisis. The study involved general scientific methods (induction and deduction, description, analysis, synthesis, generalization) and special (statistical method, economic analysis, descriptive statistics and interstate comparisons, graphical method). The need to ensure food security by countries around the world urges the importance of the agricultural sector as a catalyst for economic development, sources of foreign exchange earnings, investment direction, etc. The study of agricultural specialization led to the conclusion that wheat and sugar are goods with the highest export potential. It is substantiated that the countries of South America, OECD, North America and Europe have the highest level of realization of export potential of agricultural production, and African countries are import-dependent. In addition, the low export orientation of Africa and Asia due to the peculiarities of their natural and climatic conditions is established based on the assessment of export-import operations in the regional context. The internal and external export potential of each of the regions is analysed. Economic and mathematical simulation of assessing the impact of the most important factors on the wheat exports volumes was applied, which allowed predicting wheat exports volume and making sound management decisions regarding the realization of the export potential of agricultural companies. The inverse correlation between the exports volume and wheat consumption per capita, and the direct correlation between the effective size and area of land used for wheat cultivation was established through the correlation and regression analysis.