• 제목/요약/키워드: Public Subsidies

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The Public-Private Partnerships and the Fiscal Soundness of Local Governments in Korea

  • LEE, HOJUN
    • KDI Journal of Economic Policy
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    • v.39 no.1
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    • pp.41-82
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    • 2017
  • This paper studies the risks associated with local finance in Korea by identifying the financial status of each local government, including the financial burdens of PPP projects, and examined governmental future burdens related to PPP projects. We reviewed all fiscal burdens associated with projects, such as, for BTL (Build-Transfer-Lease) types of projects, facility lease and operating expenses, and, for the BTO (Build-Transfer-Operate) types of projects, construction subsidies that are paid at the construction stage, MRG (Minimum Revenue Guarantee) payments and the government's share of payment. Furthermore, we compared the annual expenditures of local governments on PPP projects against their annual budgets and checked if the 2% ceiling rule could be applied.

An Institutional Approach on Land Problems; Concentrate on Agricultural Development Areas (농업진흥지역(農業振興地域)의 문제점(問題點)과 개선방안(改善方案))

  • Kim, Jai-Hong
    • Korean Journal of Agricultural Science
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    • v.22 no.2
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    • pp.223-230
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    • 1995
  • Agricultural land act was promulgated 1994, 12, 22. Now this is the time to evaluate present agricultural land related laws and its implications. Land problem is a conflict between private characteristics of ownership and public characteristics of utilization. Agricultural development aeras are the key areas where the conflict is intersected. Agricultural development aeras have many regulations to their use, so the price is relatively low. However to keep the food sufficiencies and public purposes, government have to keep agricultural development aeras. To compensate the owners of agricultural development aeras, I suggested some measures. One is direct payment to the owners of agricultural development aeras, the others are environmental subsidies.

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A financial feasibility study of the Mini-Solar Penal Subsidy Program in Seoul (서울시 태양광 보급 정책의 적정보조금 산정에 관한 연구 - 수용자적 입장에서의 재무성 분석을 중심으로 -)

  • Yeom, Sungchan;Lee, Eungkyoon
    • Journal of Environmental Impact Assessment
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    • v.24 no.4
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    • pp.317-331
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    • 2015
  • A major barrier to the spread and vitalization of renewable energy lies in its economic infeasibility. And yet, there is a disparity in estimating the economic feasibility between supply and demand sides. Taking this into account, we calculate an appropriate level of mini-solar panel subsidies provided by the Seoul metropolitan government. More pointedly, this research investigates the receptivity and social equity of the subsidy program based on the analysis of the program's financial feasibility. The results show that the subsidies can have anticipated effects for the heavy electricity consumption group but not for the low electricity consumption group. Specifically, estimated pay-back periods for groups of 401kWh ~ 500kWh (per month) users, 201 kWh ~ 400kWh users and 101kWh ~ 200kWh were approximately 5years, 8 ~ 9 years and 12 years, respectively. This implies that differential scales of the subsidies can better contribute to reducing regressive difference between the groups and meeting the goal of social equity in regards to energy justice.

A Model of Activation in Physical Therapy of Public Health Center (보건소 중심의 물리치료 활성화 모델)

  • Bae Sung-Soo;Kim Chung-Sun;Lee Han-Suk
    • The Journal of Korean Physical Therapy
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    • v.11 no.3
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    • pp.123-131
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    • 1999
  • The purpose of is study deals with the physical therapy and the delivery system of public health center, as a center, in community based rehabilitation and delivery system. We hope that the system of physical therapy of public health center in community based rehabilitation spreads all over the country and contributes to the promotion of national health and social welfare. There are many public health center in the country because it can serve inhabitants with the medical benefits in the Erst line. public health center continuously provides poor inhabitants who cant pay medical expenses care of health. It has the public health center branches that take care of inhabitants who live a remote village and hiterland. Additionally, many people want to receive physical therapy. Therefore, the physical therapy of public health center becomes the central paint in community based rehabilitation so that we supply the inhabitants with superior rehabilitation service. We can approach them as a team that be constituted with physical therapist speech therapist, psychologist, nurse, social work. Also the role of physical therapist is divided into two parts, which are home visiting part that individually takes can of patients nod public health part that takes care of patient, family, home, community. We connect with both self-governing body and the government so that we may receive government subsidies. Also, we must prepare regular school education for community based rehabilitation

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Effects of Iranian Economic Reforms on Equity in Social and Healthcare Financing: A Segmented Regression Analysis

  • Zandian, Hamed;Takian, Amirhossein;Rashidian, Arash;Bayati, Mohsen;Moghadam, Telma Zahirian;Rezaei, Satar;Olyaeemanesh, Alireza
    • Journal of Preventive Medicine and Public Health
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    • v.51 no.2
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    • pp.83-91
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    • 2018
  • Objectives: One of the main objectives of the Targeted Subsidies Law (TSL) in Iran was to improve equity in healthcare financing. This study aimed at measuring the effects of the TSL, which was implemented in Iran in 2010, on equity in healthcare financing. Methods: Segmented regression analysis was applied to assess the effects of TSL implementation on the Gini and Kakwani indices of outcome variables in Iranian households. Data for the years 1977-2014 were retrieved from formal databases. Changes in the levels and trends of the outcome variables before and after TSL implementation were assessed using Stata version 13. Results: In the 33 years before the implementation of the TSL, the Gini index decreased from 0.401 to 0.381. The Gini index and its intercept significantly decreased to 0.362 (p<0.001) 5 years after the implementation of the TSL. There was no statistically significant change in the gross domestic product or inflation rate after TSL implementation. The Kakwani index significantly increased from -0.020 to 0.007 (p<0.001) before the implementation of the TSL, while we observed no statistically significant change (p=0.81) in the Kakwani index after TSL implementation. Conclusions: The TSL reform, which was introduced as part of an economic development plan in Iran in 2010, led to a significant reduction in households' income inequality. However, the TSL did not significantly affect equity in healthcare financing. Hence, while measuring the long-term impact of TSL is paramount, healthcare decision-makers need to consider the efficacy of the TSL in order to develop plans for achieving the desired equity in healthcare financing.

The Effect of Leverage, Earning Management, Capital Intensity, and Inventory Intensity on Tax Aggressiveness of Manufacturing Companies in Indonesia

  • OKTAVIANI, Rachmawati Meita;PRATIWI, Yayang Eka;SUNARTO, Sunarto;JANNAH, Afifatul
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.501-508
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    • 2021
  • The largest source of revenue in Indonesia comes from the taxation sector. Taxes increase the state revenue, which the government utilizes for building public facilities and infrastructures, providing subsidies to the public, financing public interests, and so on. In addition to producing revenue, taxes may be used to promote economic stability. Thus, this study aims to examine and analyze the financial aspects of tax aggressiveness. The financial aspects include leverage, capital intensity, inventory intensity, and earning management. The population used in this study was manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2016-2019 period. Data analysis was carried out based on Eviews, with a selected sample of 32 companies of four observation years. Therefore, the number of samples was 128. The results of this study revealed that the best estimation model to use is the Fixed Effect Model (FEM). This study proved that leverage and earning management had a positive and significant effect on tax aggressiveness. In contrast, capital intensity and inventory intensity did not affect tax aggressiveness. In addition, the result of this study is still far from perfect. It is, therefore, hoped that further research can add other variables to find better results.

A Study on the Participatory Irrigation Management under Public Irrigation Management System (공적(公的)관리에서의 참여형 관개관리(PIM) 모델)

  • Lee, Sung-Hee;Kim, Tai-Cheol
    • Journal of The Korean Society of Agricultural Engineers
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    • v.53 no.3
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    • pp.13-17
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    • 2011
  • There was a transition from participatory irrigation management (PIM) to public irrigation management (PubIM) in Korea when Korea Rural corporation and Community (KRC) merged with Farm Land Improvement Associations (FLIAs), which had managed 60 % of irrigation areas. While making a number of achievements, some problems occurred in the public irrigation management, such as lack of farmers' participation, increased amount of water usage, and elevating operating costs. Accordingly, this paper suggested ways to increase efficiency in water usage and reduce operating costs under the public management through the motive power of farmers participation. First, WUGs replaced the discarded water management committee should be reorganized to revive the concept of PIM in the form of autonomously reinforced one and the roles and functions of WUGs and the board of representatives should be strengthened. The member of new type of WUGs should participate in the national and regional water management committees as a stakeholder of irrigation water user. And also new type of WUGs initiates not only the management of irrigation water but also the management of irrigation water quality and non-point source pollution in the watersheds. Those additional activities of WUGs should be properly compensated. Second, subsidies (direct payments) should be provided to faithful farmers as an incentive for their labor supply. Third, water fees could be charged to large scale agriculture companies. Fourth, professional managers could be hired, management targets would be adjusted, and incentives should be offered. These efforts are expected to improve the irrigation management by encouraging farmers' participation under public system.

Effects of the Elderly private transfer Income and public transfer Income on life satisfaction and Self Esteem (노인의 공적, 사적이전소득이 삶의 만족도, 자존감에 미치는 영향)

  • Won, Kyeong-Hye;Lee, Sang-Houck
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.6
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    • pp.3787-3796
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    • 2015
  • The purpose of this study is public and Private transfers in the elderly life satisfaction, self-esteem any influence to understand. Analysis of the frequency analysis, T-test, ANOVA, regression analysis was performed. Study the following points were discussed. First, the elderly public transfer and Private transfers in accordance with life satisfaction, self-esteem was significant. Second, private transfers from children in public transfer income subsidies and the more life satisfaction and self-esteem, respectively. Third, the private sector of private transfers. Individual grants fewer higher self-esteem. Based on these results, the following suggestions were Economic independence of the elderly a chance to increase the self-esteem that was found. Therefore, a more practical and should be supported by specific public transfer system.

A Study on Strengthening of Health Care Protection and Sustainability Plan (건강보험 보장성 강화 및 지속가능성 제고 방안 연구)

  • Jung, Yong-Ju
    • The Journal of the Korea Contents Association
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    • v.21 no.4
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    • pp.96-110
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    • 2021
  • Korea is faced with the challenge of adapting to the world's fastest - growing low birthrate, aging society, and low growth with low interest rate era. With low fertility and aging population, the factors of financial income of health insurance are decreasing, and the increase of public interest in health, high cost medical technology and the development of medicine are leading to increase expenditure of health insurance. In this study, I will examine the strengthen protection of health insurance, financial stabilization, and fairness of medical care. First, the present status and limitations of health insurance were identified through domestic policy report, domestic and foreign literature, and precedent research. Second, the foreign health insurance policy measures to stabilize the finances were examined separately. Based on this study, in order to maintain sustainable health insurance through reinforcement and financial stabilization of health insurance, the current financial income structure of health insurance must be renovated. It will be necessary to expand government subsidies and discover new tax revenues. In addition, a policy to save finances by reorganizing the medical bill payment system and medical delivery system will also be needed.

A Study on the Public Traffic Policy in Information Age: Focused on the Bus Quasi-Public Operating System in Gwang-ju Metropolitan City (정보화시대의 대중교통정책 : 광주광역시의 버스준공영제를 중심으로)

  • Joun, Joung-Hwan
    • Journal of Digital Convergence
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    • v.8 no.4
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    • pp.19-33
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    • 2010
  • As one of the most traffic devices, bus has played a great role in Korea for the last years. However, a great many peoples in big cities have continually decreased with the increase of private car ownership. It causes lower quality of bus service and unstability of operation in many bus companies. In the several local government, the operation system of bus was changed to Bus Quasi-Public Operating System. The aim of this study is to assess the effects and to suggest improvement strategies of Bus QPOS. According to the results of the analysis, Bus QPOS has brought various positive effects, but it has occurred negative effects, especially a much increase of government subsidies to bus company. To resolve a negative effects, government should examine the whole condition of bus operations. This study suggests strategies to improve Bus QPOS, which is including transparency of management, fair assessment system, standard cost system for bus operations.

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