• 제목/요약/키워드: Policy Comparison

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Nexus between Inflation, Inflation Perceptions and Expectations

  • NAM, MINHO;GO, MINJI
    • KDI Journal of Economic Policy
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    • 제40권3호
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    • pp.45-68
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    • 2018
  • We uncover a nexus between actual inflation, inflation perceptions and expectations in Korea through analyzing micro as well as aggregate data from the Consumer Survey. We document two novel findings. First, households' subjective perceptions of inflation exert more impact on expectation formation than actual inflation. Second, inflation perceptions are broadly in line with the trajectory of the inflation trend. This is attributable to the fact that changes in actual inflation have been generated mainly by the consumption items whose price changes are perceived more sensitively as those items are frequently bought or have a larger share in household expenditures. Conducting a cross-country comparison, we find that information rigidity in expectation formation process and the nexus between perceptions and expectations of inflation prove to be stronger in Korea. Additionally, we reconfirm the existing finding that the scope of information utilized for forming inflation expectations is fairly circumscribed.

Supply Chain Coordination Under a Trade Credit Contract and a Quantity Discount Contract (외상판매 계약과 물량할인 계약을 통한 공급망 협력 방안)

  • Lee Chang-Hwan;Lim Jay-Ick
    • Journal of the Korean Operations Research and Management Science Society
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    • 제31권1호
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    • pp.25-36
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    • 2006
  • Consider a supply chain in which a vendor supplies a product to a buyer. We assume that the buyer's and vendor's inventory cost structures are different, resulting in differences in inventory order/delivery cycle times. Here, if one party insists on its individually optimal order/delivery quantity, the other party will suffer from mismatches in cycle times. Under this scenario, coordination contracts that make use of either a Net Term/Two parts Term Trade Credit or a Quantity Discount are designed to align individually optimal order Quantities. We compare and analyze the perform ances of these contracts. The focus of the comparison is the ability of contracts to generate a lower cost for the supply chain. We show that a Trade Credit policy can be effectively used to coordinate a supply chain. In many cases it will result in a lower supply chain cost compared to that achieved by using a Quantitative Discount policy.

The impact of family-friendly policies in the workplace on the childbearing intention of married-employed women: A comparison of two age groups (기업의 가족친화제도가 기혼 직장여성의 출산의향에 미치는 영향: 여성의 연령 집단별 비교)

  • Koh, Sun-Kang
    • Journal of Family Resource Management and Policy Review
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    • 제20권3호
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    • pp.151-171
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    • 2016
  • The purpose of this study was to identify the relationship between family-friendly policies in working places and the childbearing intentions of married-employed women. The analysis included 415 married working women from the 2012 wave of the Korean Longitudinal Survey of Women and Family. The factors influencing the childbearing intentions of the women were age, education, number of children under age 18, childbirth leave, childcare facilities, and flextime. The women whose work-places provided childbirth leave had stronger childbearing intentions. The women under age 35 had stronger childbearing intentions when their work-places had flextime policies. In conclusion, my recommendation is that the government should pay more attention to the micro-personal factors, such as the Family-friendly Workplace Practices proposed in this study, when executing policies to reverse the current trend of low fertility.

Innovation Height and Firm Performance: An Empirical Analysis from the Community Innovation Survey

  • ISOGAWA, DAIYA;NISHIKAWA, KOHEI;OHASHI, HIROSHI
    • KDI Journal of Economic Policy
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    • 제37권1호
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    • pp.44-72
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    • 2015
  • This study evaluates the economic impact of product innovation by using firm-level data from the Community Innovation Survey conducted in Japan. It accounts for possible technological spillover from innovation activities and examines the extent to which new-to-market product innovations contribute to firm performance. Econometric analysis using a simultaneous equation model reveals that new-to-market product innovation is likely to increase a firm's sales without cannibalizing those of existing products and generate more technological spillover to other firms. Moreover, such innovation is more likely to emerge from firms collaborating with academic institutions. The paper concludes by discussing policy implications of these findings as well as points to the importance of cross-country comparison between Korea and Japan.

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The Evolutionary Process of Daedeok Science Town and International Comparison - In the Perspective of Innovation Cluster (대덕연구단지의 발전과정 및 국제비교: - 혁신클러스터 관점에서 -)

  • 임덕순;김왕동;유정화
    • Journal of Korea Technology Innovation Society
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    • 제7권2호
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    • pp.373-395
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    • 2004
  • In year 2003, the Daedeok Science Town(DST) has celebrated its 30 years of anniversary and achievement in science and technology development. However, there is a criticism that DST has not played its expected role in Korea's National Innovation System. Recognizing this criticism, the development of DST was evaluated in the perspective of innovation cluster. The research shows that DST has been following the downstream path of evolution - from S&T development to business development - and is in the early stage of R&D-driven Innovation Cluster. Not only the development factors of DST innovation cluster were identified but the DST was compared with other internationally recognized innovation clusters. Finally, it is suggested that the business related functions should receive due attention in innovation cluster policy.

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Accreditation Criteria of Environmentally-Friendly Hospitals in the USA, UK and Australia (해외 친환경 병원 인증기준 고찰 : 미국, 영국, 호주를 중심으로)

  • Kang, Jung-Kyu;Seo, Young-Joon;Park, Hyun-Suk
    • Health Policy and Management
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    • 제20권4호
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    • pp.139-169
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    • 2010
  • The purpose of this study is to compare accreditation criteria of environmentally-friendly hospitals in the USA, UK and Australia and find out the implications for Korean hospitals. The comparison was made in terms of 11 categories : sustainable site, water efficiency, energy & atmosphere, transportation, indoor environmental quality, health, material & resources, management, waste, innovation, and regional priority. Literature review of the study revealed that most of the environmentally-friendly hospitals have experienced such positive effects as cost saving, health promotion of patients & employees and good reputation etc. The study result implies that the following factors are so critical to settle environmentally-friendly hospitals in Korea: 1) CEO's interest & support, 2) education for employees, 3) efficient renovation of existing facility and 4) data accumulation on the effectiveness of environmentally- friendly hospitals by scientific methods.

A Comparison of Daedeok Innopolis Cluster with the San Diego Biotechnology Cluster

  • Kim, Sang-Tae;An, Gi-Don
    • World Technopolis Review
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    • 제1권2호
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    • pp.118-128
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    • 2012
  • This paper suggests policy implications for Daedeok Innopolis (DI) in Daejeon by comparing the development and problems of DI with the San Diego biotechnology cluster. DI has strengthened its capabilities for technology commercialization and business activities after having created and managed by the Korean central government. While DI has been successful in increasing the number of institutes, researchers, research activities, however, its dynamism is not rigorous enough to be a regional innovative system. San Diego's scientific and entrepreneurial community shows the importance of formulating social and spatial contexts for mutual interactions and engagements. In San Diego, UCSD and networking organizations, especially CONNECT, are central in promoting interactions and communications between regional constituents including entrepreneurs, academics and local governments. The mechanisms of San Diego biotechnology imply that DI should provide more attention to designing and developing social and geographical space that can unleash the creative power of social interactions. To build an innovative regional system, DI needs to renovate its space, public-private relationship and networking platforms.

Accuracy Analysis of Point Cloud Data Produced Via Mobile Mapping System LiDAR in Construction Site (건설현장 MMS 라이다 기반 점군 데이터의 정확도 분석)

  • Park, Jae-Woo;Yeom, Dong-Jun
    • Journal of the Korean Society of Industry Convergence
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    • 제25권3호
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    • pp.397-406
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    • 2022
  • Recently, research and development to revitalize smart construction are being actively carried out. Accordingly, 3D mapping technology that digitizes construction site is drawing attention. To create a 3D digital map for construction site a point cloud generation method based on LiDAR(Light detection and ranging) using MMS(Mobile mapping system) is mainly used. The purpose of this study is to analyze the accuracy of MMS LiDAR-based point cloud data. As a result, accuracy of MMS point cloud data was analyzed as dx = 0.048m, dy = 0.018m, dz = 0.045m on average. In future studies, accuracy comparison of point cloud data produced via UAV(Unmanned aerial vegicle) photogrammetry and MMS LiDAR should be studied.

The trends and evaluations for Governmental system of redressing consumers' losses in Japan: comparison to Korea (일본의 소비자피해구제 행정체제 현황 및 평가: 한국과의 비교를 중심으로)

  • HUh Kyung Ok
    • Journal of Family Resource Management and Policy Review
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    • 제8권1호
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    • pp.1-13
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    • 2004
  • This study examined in detail the Japanese system of redressing consumers' losses and the overall consumer administrative system and compared them with the Korean counterpart to seek for a direction of reforming the systems. Several policy suggestions could be made as follows to activate the systems and improve the performances of the consumer administration in both Japan and Korea. First, in Japan, consumer center must be efficiently operated while private consumer groups, firms, consumer agencies and other organizations must actively join to actively redress consumers' losses and implement other consumer policies. Second, in Korea, regional consumer policies are weak so that they must learn Japanese well-developed regional consumer administration system by examining their current development, strengths, and weaknesses. Third, working conditions must be urgently improved, increasing the number of consumer counselors who are involved in consumer policies as well as to guarantee minimum level of their payment. On the other hand, the trend of hiring married and old employees being responsible for implementing consumer policies in Japan must be improved. Fourth, divisions of works in consumer policies among consumer groups as well as their specialization in Korea are necessary. Finally, as counseling of consumers through internet were not available in Japan, that type of counseling must introduce and become more popular in the future.

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