• 산경연구논집
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• 제11권2호
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• pp.7-16
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• 2020

Purpose: This study explores how demographic transitions with workforce implications taking place in South Korea are affecting the job market, and proposes a novel conceptual model to analyze the increased role that migrant workers will play as the changes progress in the medium term. Research design, data and methodology: A qualitative approach based on the available published data is used in order to create a conceptual model that could be used to determine the order in which job sector strata will be gradually taken over by migrant workers, as the demographic transitions will create an increasing need for workforce reforms. Results: The study determines that migrant workers will replace domestic Korean workers in a stratified manner, initially in rural areas, followed by regional cities and then in the industrial areas on the edges of big cities, and the strata can be analyzed based on a proposed four-category model to determine where the opportunities will open. Conclusion: It is possible to use a conceptual model for this phenomenon. Extensive Government planning is needed to avoid possible social exclusion problems and to determine how to keep the economies of rural and regional Korean cities economically viable while they are becoming increasingly depopulated.

• 대한지리학회지
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• 제40권4호
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• pp.373-386
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• 2005

승용 자동차 임대업의 본사와 영업소의 배치를 통하여 사무소의 지역적 체계를 분석한 결과는 다음과 같다. 승용 자동차 임대업의 공간적 특성은 서비스 생산자가 국지적 시장을 벗어나기 위하여 주식회사, 합자회사 등을 설립하여 기업조직의 재구조화를 도모함으로 다양한 요인에 의해 본사가 있는 지역 내 및 지역 외 특정지역에 영업소를 배치시켜 광범위한 공간적 분업을 하고 있다. 이러한 공간분업은 최근 여가활동의 증가 등으로 수요증대에 따른 사무소간의 승용 자동차의 단기간 제공 등에 의한 네트워크의 형성이 규모의 경제를 발생시키고 있다.

• Asia pacific journal of information systems
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• 제9권1호
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• pp.39-58
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• 1999

This study examines whether expenditures in information technology (IT) are associated with increases in Tobin's q ratios, a measure of management performance, in the banking industry. The association between IT expenditures and Tobin's q ratios is different, depending upon the banks' size (national vs regional) and strategic orientation (wholesale vs retail), in the Korean commercial banks for the period studied 1990-1996, For national commercial banks which have more clients and electronic banking systems than regional banks, IT expenditures appear to increase Tobin's q ratios. This may indicate that IT is linked to the ability to achieve economies of scale or network effects when large banks use IT as a strategic tool. The association between IT expenditures and management performance measures is also positive and statistically significant for retail-oriented banks. This research makes two important practical contributions with respect to financial reform. First, the evidence suggested that Korean commercial banks need to apply IT strategy in conjunction with restructuring strategy to be a super-bank and, hence, reap substantial competitive advantage from IT applications. Second, since the government recently encouraged commercial banks to increase credit loans as a means of financial reform, most banks tend to focus on retail banking. IT used in the retail banking sector contributes to improve management performance as the evidence suggested.

• The Journal of Asian Finance, Economics and Business
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• 제9권2호
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• pp.15-27
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• 2022

The paper addresses the importance of redesigning strategies for resilient and sustainable regional economic development - by applying strategic approaches to free economic zones for the digital economy. The purpose of the paper is to provide a broad comparative perspective on developed versus developing country efforts to use free economic zone programs to enhance various economic and social objectives. First, the paper introduces the chronicle experiences of free economic zone programs in South Korea and mainland China - developed versus developing economies. The main results of the analysis indicate that (1) achieving the goals and objectives of free economic zones is challenging over time; (2) trying to upgrade the technical component, develop knowledge-based and eco-friendly new industries, or value-added to the economy through free economic zone policies is even challenging; and (3) incentives and other program-specific variables are highly context-specific and not structurally correlated with free economic zone performance. In addition, the paper shows that the initial conception of the role of free economic zones has undergone significant change as individual countries have tried to enhance the contributions and avoid damages from incorporating free economic zones into their development strategy respectively, over time.

• 유통과학연구
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• 제12권7호
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• pp.37-44
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• 2014

Purpose - This study reviews changes in the automobile export-import structure between Japan and USA through a trade related index, and focuses on analyzing comparative advantage based on time-series analysis of statistical data (2000, 2005, and 2012) by using the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Research design, data, and methodology - Japan and USA have mutually complementary economic phase characteristics. Therefore, this study aimed to understand each country's trade structure, to strengthen Japan-USA economic cooperation and aimed to examine trade drawbacks to analyze causes affecting trade and ways to improve it to facilitate its expansion. Results - These two economies have immense complementary potential and, further, significantly greater profits are assured from trade between them, as compared to any other integrated regional economic community. Conclusion - Economic cooperation between these two powers can provide opportunities for industry technology cooperation through partnerships against the backdrop of accelerating competition among industries, by identifying opportunities to secure stable resource suppliers and enlarge the export market.

• KDI Journal of Economic Policy
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• 제42권3호
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• pp.1-32
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• 2020

This paper studies urban growth in Korean cities. First, I document that population growth patterns change over time and that the current population distribution supports random urban growth. I confirm two empirical laws-Zipf's law and Gibrat's law-both of which hold in the period of 1995-2015, but do not hold in the earlier period of 1975-1995. Second, I find a systematic employment growth pattern of Korean cities in spite of the random population growth. I examine market access effects on employment growth. Market access, a geographical advantage, has a significant influence on urban employment growth. The market access effect is higher in the Seoul metropolitan area than in the rest of the country. This effect is stronger on employment growth in the manufacturing industry compared to employment growth in the service industry. These results are robust with various checks (e.g., different definitions of urban areas). The results here suggest that policymakers should consider geographical characteristics when they make policy decisions with respect to regional development.

• 무역학회지
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• 제45권4호
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• pp.171-194
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• 2020

Although there is a lot of literature on the effectiveness of regional trade agreements(RTAs), it is usually analyzed only using trade-related theories and data. However, this paper has a differentiation in that we examine the linkage between international trade and financial markets through the stock markets reactions when the trade agreements related news arrived. Specifically, using an event study, we look into the Korea-US free trade agreement(KORUS FTA) which is the most commercially significant FTA in almost two decades for both the countries. Korean stock market generally responded more sensitively to FTA news than the US stock market, especially in 'Auto & Parts', 'Electrical Equipment' and 'Chemicals' industries. And the investors' perception toward the effect of KORUS FTA on Korean industries changed from negative to positive as negotiations proceed. Korea has a comparative advantage in the production of labor-intensive goods relative to US, but the economies of scale hypothesis does not hold.

• KDI Journal of Economic Policy
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• 제46권1호
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• pp.1-19
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• 2024

This paper evaluates explanations for China's growth slowdown. The natural tendency for rapidly growing economies to slow down is a major factor, along with problems bequeathed by unbalanced growth, including a declining ICOR, slowing total factor productivity growth, and rising indebtedness. A number of other mechanisms are of lesser importance: demographics, President Xi's centralization of political power and anti-corruption campaign, and U.S. export controls. Sustaining growth in the longer term will require China to step away from investment, debt and export-fueled growth in favor of a balanced growth model with household consumption playing a larger role. Doing so will require hardening of the budget constraints of regional and local governments and restructuring of the nonperforming debts of property and construction companies.

• 한국경제지리학회지
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• 제10권3호
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• pp.263-280
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• 2007

최근 세계 여러 나라에서 문화 예술 활동의 진흥을 통해 지역경제를 활성화하고, 지역의 정체성을 강화하는 한편, 주민들의 삶의 질을 제고하고자 노력하고 있다. 특히 선진 공업국들은 제조업의 침체로 인해 도시경제가 쇠퇴하고, 도시기반시설이 노후화, 혹은 유휴화되는 상황에 직면하여 문화활동을 진흥하여 그러한 문제를 해결하고자 하고 있다. 본 연구에서 취급하고자 하는 캐나다 온타리오 주의 스트랫포드는 제조업의 침체에 대비하여 이미 1953년부터 셰익스피어 작품을 소재로 매년 연극축제를 개최하여 북미 최고 수준의 극단을 보유하고 연간 약 60만 명의 관객과 200만 명의 관광객을 유치할 수 있게 되었다. 스트랫포드 시는 또한 이 사업을 통해 북미 전체, 혹은 세계적으로 알려졌고, 문화산업 클러스터를 형성하여 지역경제도 활성화시켰다. 본 연구는 스트랫포드의 이러한 성공 사례를 분석하여 한국의 문화산업 정책에 시사하는 바를 도출하는 한편, 문화 예술 활동의 활성화 과정을 유도하는 혁신주체는 무엇인지, 그들간의 관계는 어떻게 설정되었는지를 규명하고자 한다.

• 한국경제지리학회지
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• 제22권2호
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• pp.178-195
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• 2019

본 연구에서는 창업과 폐업을 지리적 맥락에서 검토한다. 특히 업종에 따라 창업과 폐업의 지리적 특성을 밝히고 이들에 작용하는 지리적 요소 및 그 영향을 파악한다. 이를 위하여 창업에 대한 자료 수합이 이루어지는 지역단위인 전국의 시 군 구를 대상으로 지금과 같은 경제상황의 단초가 마련된 금융위기 이후 10년의 자료를 활용한다. 먼저 창업과 폐업의 지리적 특성을 파악하기 위해 개인 및 법인의 공간적 분포 양상을 검토하고, 이들의 지리적 분포를 설명하는 일반선형회귀모형과 공간회귀모형을 구축한다. 분석결과, 창업 입지분포를 결정하는 요인과 폐업에 영향을 미치는 요인이 개인과 법인 간, 개인의 창업과 폐업 간에 다소 상이함을 알 수 있었다. 본 연구결과는 창업을 독려하여 일자리을 창출하고 지역경제를 활성화시키고자하는 국가 및 지방정부의 지역계획에 기초적 자료가 될 것이다.