• The Journal of Asian Finance, Economics and Business
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• 제8권4호
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• pp.643-651
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• 2021

This study aims to determine the response of regional economic growth to the financial performance of regional economies in regard to the liquidity conditions, saving-investment gaps, trade openness, inflation, as well as the national economic growth. The basic logic theory of research uses the principles of open economics and financial intermediary systems. The data used in this study are secondary data, and the form of data is a quarterly time series for the period from 2008 to 2019. The data were obtained from various publications, such as the Central Statistics Agency (CSA), Regional Financial Economics Statistics (RFES), Indonesian Banking Statistics (IBS), and the Financial Services Authority (FSA). Data processing was done through VAR/VECM analysis; short-term and long-term equilibrium analyses were carried out. The results of the analysis illustrate that regional economic growth and the conditions of liquidity, saving-investment gaps, trade openness, inflation, and national economic growth are related and lead to significant impact variations in the provinces of Papua and West Papua. In conclusion, the findings of this research support the leading supply hypothesis and reformulate the strategy and policy of economic development, bearing in mind that there are still many underdeveloped districts in these two provinces.

• 벤처창업연구
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• 제19권2호
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• pp.181-196
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• 2024

본 연구는 대학 졸업생 창업률이 대학이 소재한 지역의 경제성장에 미치는 영향을 살펴보고자 2016년부터 2021년까지 6년간 한국 17개 지역의 35개 대학, 중국 13개 도시의 21개 대학의 패널데이터를 이용하여 분석하였다. 창업 주요 대학은 한국의 경우 교육부 "대학발(發) 창업" 정책의 일환으로 선정된 창업 중심대학, 창업교육 혁신 선도대학, 창업교육 거점대학, 창업교육 우수대학을 위주로 총 35개 대학을 표본으로 선정하여 조사하였고, 중국의 경우 "대중창업, 만중창신" 정책의 일환으로 조성된 시범기지 중 21개 대학을 표본으로 선정하여 조사하였다. 해당 대학이 소재한 지역에 경제적 영향을 분석하고자 소재지 지역의 경제성장률의 경제지표를 활용하여 경제적 효과에 대해 실증분석하는 것을 목적으로 하였다. 실증분석 결과, 한국과 중국의 대학 졸업생 창업률은 지역경제성장률에 모두 긍정적인 영향을 미치는 것으로 나타났지만, 중국보다 한국의 지역 대학 졸업생 창업률이 지역경제에 더 큰 영향을 미친 것으로 확인하였다. 본 연구는 대학에서 배출한 창업자가 많을수록 소재 지역의 경제성장에 긍정적인 영향을 미친다는 연구결과를 토대로 지역경제 활성화를 위한 대학과 지역의 역할과 수도권과 비수도권의 불균형을 해소하기 위한 제도의 마련 등을 시사점으로 도출하였다.

• 한국컴퓨터정보학회논문지
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• 제29권7호
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• pp.209-219
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• 2024

본 연구에서는 디지털 기술이 문화 산업과 관광 발전에 미치는 중요한 영향을 조사하기 위한 연구를 제안한다. 2005년부터 2022년까지 중국 281개 도시의 디지털 음악 상품을 수집, 선별하고 데이터를 분석한 결과, 잘 알려진 디지털 음악 상품이 국내 관광 경제성장을 촉진하는 데 중요한 역할을 한다는 사실을 확인했다. 그러나 국제 관광경제에 미치는 영향은 크지 않다. 또한, 이러한 잘 알려진 디지털 음악 상품은 지역 관광 경제 발전을 촉진할 수 있을 뿐만 아니라 인근 도시의 관광 경제에도 영향을 미칠 수 있다. 특히 문화 다양성과 관광 자원이 풍부한 4선 및 5선 도시에서는 잘 알려진 디지털 음악 상품의 홍보 효과가 더욱 중요하다. 전반적으로, 잘 알려진 디지털 음악 상품은 시장 활력을 자극하여 지역 관광 경제 발전을 촉진하는 데 긍정적인 역할을 한다. 이러한 연구 결과는 디지털 시대 문화와 관광의 통합적 발전을 위한 중요한 기반을 제공하고, 지역 산업구조 고도화와 지역 조화 발전에 유용한 영감을 제공한다.

• 동아시아경상학회지
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• 제12권2호
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• pp.29-34
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• 2024

Purpose: The primary objective of this study was to examine the influence of economic democratization on economic development from diverse perspectives. Research design, Data methodology: Justification of the qualitative literature methods used in this study is essential, as extensive descriptions, justifications, and explanations of the methods used allow researchers to increase the reliability of their studies for specific or specified audiences. Initially, the concept and principal attributes of economic democratization were scrutinized, followed by an exploration of its manifold effects on economic development. Results: Consequently, this study facilitated a comprehensive comprehension of how economic democratization fosters economic growth and advancement in contemporary society. Additionally, the study deliberated on the constraints and hurdles of economic democratization, proposing policy recommendations for future mitigation. Conclusion: In conclusion, this study is anticipated to furnish foundational data for regional economic development to both academia and policymakers. It achieves this by thoroughly evaluating the impact of economic democratization on economic development and delving into the dynamic interaction between democracy and economic progress.

• 무역학회지
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• 제44권2호
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• pp.173-188
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• 2019

The purpose of this study is to investigate the causal relationship between the logistics industry and the economic growth in Korea, and to provide implications for the contribution of the logistics industry to economic growth. Unlike Previous Related Studies, we derive short-term and long-term effects through dynamic panel analysis such as panel Granger causality test and impulse response function estimation using panel vector error correction model. The results of the empirical analysis are as follows: Labor input of the logistics industry has the greatest positive impact on economic growth. And capital input and total sales of the logistics industry have a negative effect on economic growth. This means that Korea's logistics industry features labor-intensive growth. In addition, We have also found that the growth (sales) and capital input of the logistics industry have not yet had a direct positive impact on economic growth. Therefore, the results of this analysis provide implications for the direction of logistics industry policy to enhance contribution of the logistics industry to economic growth.

• Journal of Korea Trade
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• 제24권1호
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• pp.171-207
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• 2020

Purpose - This paper investigates the potential effect of the Regional Comprehensive Economic Partnership (RCEP) on trade liberalization among member countries in order to answer key questions in our research on whether the RCEP will be a cornerstone or just collaboration. Furthermore, it aims to measure the likely magnitude of the economic impact it has on its members. Design/methodology - Toward achieving research objectives, we developed a regional CGE model based on the GTAP 9 database. Findings - The simulation results show Korea, Australia, India, and Japan ranked the top countries with an average growth in GDP of 0.38 %, 0.36%, 0.29%, and 0.23%, respectively. Moreover, China and New Zealand followed with a percentage of 0.12% each. The lower economic performing group is the ASEAN group due to a contraction in GDP by 0.13%. Accordingly, there was a positive impact of the RCEP agreement on all member states, as empirically demonstrated. Furthermore, Korea is one of the countries that will benefit most from joining this agreement. Finally, this agreement is important; it has many economic benefits to member states, but it is not a cornerstone. Originality/value - The examination of the quantitative effects of tariff removal among the RCEP's countries is its value. We will address all member countries of the convention simultaneously using a regional CGE model GAMS language, where we employed a Mathematical Programming System for General Equilibrium (MPSGE) to establish a Regional CGE model. This study is directed to policymakers looking at evaluating RCEP agreement.

• 국제학술발표논문집
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• The 9th International Conference on Construction Engineering and Project Management
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• pp.1017-1023
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• 2022

Past research shows that the construction of new infrastructure accelerates economic growth in the region by attracting more people and commodities. However, the previous studies only considered large-scale infrastructures such as sea-cross bridges and channel tunnels. There is a paucity of literature on regional infrastructure and its impact on socio-economic indicators. This paper explores the impact of new bridge construction on the human population, particularly focusing on regional bridges constructed during the 2000s in the state of Georgia. The human population at a county level was selected as a single socio-economic factor to be evaluated. A total of 124 cases were investigated as to whether the emergence of a new bridge affected the population change. The interrupted time series analysis was used to statistically examine the significance of population change due to the construction by treating each new bridge as an intervention event. The results show that, out of the 124 cases, the population of 67 cases significantly increased after the bridge construction, while the population of 57 cases was not affected by the construction at a significance level of 0.05. The 124 cases were also analyzed by route type, functional class, and traffic volume, but the results revealed, unlike large-scale infrastructure, that no clear evidence was found that a new bridge would bring an increase in the human population at a county level.

• Journal of Korea Trade
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• 제27권3호
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• pp.103-118
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• 2023

Purpose - This study aims to examine the dynamic relationship between the variables impacted by the Regional Comprehensive Economic Partnership (RCEP) and the level of intra-industry trade among member states, with the ultimate objective of deducing the short- and long-term effects of RCEP on trade. Design/methodology - This study focuses on tariffs, GDP growth rates, and the proportion of regional FDI to total FDI as research variables, and employs a panel vector autoregression model and GMM-style estimator to investigate the dynamic relationship between RCEP and intra-industry trade among member countries. Findings - The study finds that the level of intra-industry trade between member states is positively impacted by both tariffs and intra-regional FDI. The impulse response graph shows that tariffs and FDI within the region can promote intra-industry trade among member countries, with a quick response. However, the contribution rates of tariffs and intra-regional FDI are not particularly high at approximately 1.5% and 1.4%, respectively. In contrast, the contribution rate of GDP growth can reach around 8.5%. This implies that the influence of economic growth rate on intra-regional trade in industries is not only long-term but also more powerful than that of tariffs and intra-regional FDI. Originality/value - The originality of this study lies in providing a new approach to investigating the potential impact of RCEP while avoiding the limitations associated with the GTAP model. Additionally, this study addresses existing gaps within the research, further contributing to the research merit of the study.

• 한국경제지리학회지
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• 제13권4호
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• pp.601-622
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• 2010

본 연구는 대구문화콘텐츠산업 클러스터를 대상으로 가치사슬 변화가 지역경제에 미치는 영향을 분석하고 이에 대한 정책대안을 모색하고자 한다. 이를 위해 가치사슬의 부가가치 창출구조의 변화와 가치사슬의 변화에 영향을 미치는 제도적 환경과 혁신 주체들의 네트워크 변화를 분석하였다. 그 결과 대구문화콘텐츠산업 클러스터의 가치사슬은 직간접적 부가가치 창출 활동의 범위가 확대되었고 지역 내 혁신주체들과의 네트워크도 증가하였다. 이러한 가치사슬의 변화는 지역경제에 긍정적인 영향을 미치는 것으로 평가된다. 그러나 지역 문화콘텐츠 산업클러스터가 지속적인 경쟁력을 갖기 위해서는 기업의 역량 강화뿐만 아니라 문화콘텐츠산업을 둘러싼 제도적 문화적 환경의 창출과 혁신주체들 간의 트리플 힐릭스체제의 강화가 요구된다.

• Journal of Korea Trade
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• 제26권2호
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• pp.65-83
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• 2022

Purpose - The purpose of this study is to evaluate the economic effects of FTAs using the concept of value-added exports. So far, the economic effects of FTAs have been dependent on decrease in import prices due to tariff cuts in importing countries, but the actual tariff reduction need to consider the value added of the exporting countries. Design/methodology - Value-added export refers to the added value created in the exporting country out of total exports. Among value-added exports, direct value-added export is interpreted as the Regional Value Contents (RVC), from which the economic effect of the FTA can be analyzed. A modified GTAP-VA model takes into account RVC in order to estimate accurate effects of FTAs. Findings - By the re-evaluation of the FTA based on the RVC, this paper makes it clear that the economic effects of the existing FTA methodology have the possibility of overestimation. In addition, as a new FTA with a strengthened Rules of Origin (ROO) is being initiated, a negative impact on international trade and GVC utilization may occur. Originality/value - This study introduces the concept of value-added export in analyzing the effects of FTAs. The new analysis methodology of this paper emphasizes the importance of value-added exports. Re-organization of GVCs would change regional trade agreements and empower ROO by weakening existing GVCs and transforming the value chain from global into regional scope.