• Title/Summary/Keyword: contribution to economic growth

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Analysis on Regional and Industrial Disparity of Employment in Korea (우리나라 지역 및 산업간 고용격차 분석)

  • Choi, Myoungsub;Cho, Kang-Joo;Kim, Myeong-Soo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.4
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    • pp.34-41
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    • 2018
  • This paper studied balanced regional development focused on employment in Korea, by analyzing regional disparity between regional and industrial employment. A Gini-coefficient decomposition method and Panel Granger causality test were conducted, using raw data of the Census on Establishments reported by the Statistics Korea. The regional and industrial disparity of employment, based on the Gini-coefficient decomposition method, have increased by year. However, the growth rates of disparity are on the decrease. Most of employment disparity occurred from regional disparity between SMA (Seoul Metropolitan Area) and Non-SMA. Industrial disparity are occurred mainly by the service industry. The amount of contribution to the whole disparity of inter/intra regional employment was differed by each industrial sector. Also the causal relationship between employment growth of manufacture and that of service industry was analyzed by Panel Granger causality test. In national level, the employment growth in manufacture industry has conduced that in service industry. On the other hand, in the Non-SMA, only the employment growth in manufacture industry has augmented that in service industry. In conclusion, to reduce employment disparity, the strategy for balanced regional development should be emphasized. Different strategies are needed across regions and industries. Basically creating new job in the Non-SMA is inevitable. In view of stable employment, manufacture industry is more desirable rather than service industry.

Feasibility Study on Small-scale A/R CDM Pilot Project in Mongolia (몽골 소규모 A/R CDM 시범사업 타당성 평가연구)

  • Cha, Junhee;Park, DongKyun;Lee, Jong-Hak;YOUN, Yeo-Chang;Choi, Jun-Seok
    • Journal of Korean Society of Forest Science
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    • v.100 no.4
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    • pp.698-707
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    • 2011
  • Over the past 10 years, South Korea has implemented various plantation projects including the Pine Restoration Project in Tujiin Nars and the desertification prevention forestation in Lun soum. This study has evaluated the implementation feasibility on the small-scale A/R CDM projects in Mongolia through which carbon emission credits can be secured. Characteristics, pros and cons, economic feasibility, and project execution feasibility were compared among three possible sites, Khyalganat, Tujiin Nars, and Lun soum. Among the three evaluated sites, Tujiin Nars has the better condition in tree growth, economic feasibility, and the applicability of experience than the other two sites. A/R CDM project in Mongolia, which has a great environmental benefit of combating desertification, is expected to have some effectiveness such as lowering costs from credit benefit, sustainable management by villagers, contribution to communities, investor's contribution to society and achievement of green image, and strengthening forestry cooperation between Korea and Mongolia.

Productivity and Patterns of Trade: The Experience of Korea in the 1990s (생산성과 무역패턴: 1990년대의 한국경제의 경험)

  • Tcha, MoonJoong
    • KDI Journal of Economic Policy
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    • v.26 no.2
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    • pp.249-280
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    • 2004
  • This paper analyzes the industrial growth of Korea in the 1990s and its relationship with the nation's export performance. The result shows that total factor productivity (TFP) played a significant role in the growth of some industries, where in particular a sharp increase in TFP was observed in the electrics and electronics industry and the automobile industry in the late 1990s. While CEPII RCA indexes for the Korean industries such as IT industry and automobile industry significantly increased since 1998, only limited evidence was found that TFP or TFI influenced RCA. Investigating Korea's export performance in the Northeast Asian context, this paper shows that, in the 1990s, the growth of Korea's exports to Japan was led by industries that recorded relatively fast growth in total factor input (TFI). In contrast, that to China was almost equally contributed by industries that experienced relatively fast growth in TFP or TFI. This paper also investigates competition between Korea and China, and Korea and Japan in the world market. The competition between Korea and China was relatively stronger for the Korean industries to whose growth TFI made a more significant contribution. While no decisive evidence is found for the relationship between TFP growth in Korean industries and their competition against Japan in the world market, it is revealed that the competition between Korea and Japan became less intense for the Korean industries to whose growth TFI made a stronger contribution. In this regard, the paper supports the view of 'nut-cracking' that the Korean economy has lost its competitiveness in the sectors where it maintained comparative advantage, but failed to catch up more advanced countries such as Japan by gaining competitiveness in more capital or technology intensive sectors.

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A study on the Economic Impact of Measurement Standards on the Advancement of Korean Industry - with case study on measuring equipment industry - (측정표준의 국내 산업성장에 대한 기여도 분석 - 측정기기산업의 분석을 중심으로 -)

  • Ahn, Ung-Hwan;Park, Byoung-Sun;Cho, Youn-Sang
    • Journal of Korea Technology Innovation Society
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    • v.10 no.2
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    • pp.361-382
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    • 2007
  • As the Korea's economy grows bigger and its industrial structure advances, demands of high quality product become increasing. And the technology becomes to be more important factor than labor power and capital. And, the development of technology plays the key role in promoting the competitiveness of a nation. Measurement means 'Measuring with instrument', dissemination of measurement standards related with dissemination and distribution of measuring instrument. Measurement technology has been known to be the main factor of economic growth and technological development. National measurement standards is one of these factors of measurement technology. Therefore, in order to enhance dissemination of measurement standards to industry, we have to define its economic impact. We analysed the economic impact of measurement standards in terms of its contribution to the product induction of industry and management results using I-O Table with the quantitative data. The results from this study show that the increasement of measurement standards dissemination is in complementary relation with the productivity of various industries, assembly manufacturing, in particularly.

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Efficiency of Financing High-Tech Industries: The Case of Kazakhstan

  • SADYKHANOVA, Gulnara;EREZHEPOVA, Aiman;NURMANOVA, Biken;AITBEMBETOVA, Aida;BIMENDIYEVA, Laila
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.4
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    • pp.287-295
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    • 2019
  • The study aims to build a model for evaluating the effectiveness of activities and the effectiveness of financial investments in high-tech industries in Kazakhstan. The development of high-tech industries plays an important role in the economic growth of a country. In this regard, it is relevant to study the effectiveness of financing the most important industry in Kazakhstan. The development of the high-tech sector ensures the efficient functioning of the national innovation system. High-tech enterprises are one of the competitive sectors that allow us to develop and implement leading-edge innovations with the goal of their subsequent commercialization domestically and abroad. The author defines the multicriteria of efficiency in a knowledge-based economy associated with achieving an economic effect with multivariate correlation of results with costs. A multivariate dynamic model, an integral indicator of performance, an integral indicator of cost-effectiveness is proposed. The assessment of the effectiveness of financial costs and performance indicators in all regions of Kazakhstan have the positive dynamics of indicators, as well as a high economic effect. The results of the study can be applied in regional management to adequately assess the effectiveness of high-tech organizations and the effectiveness of financial investments, contribution to ensuring the economic security of the region.

An Analysis of the Contribution of the Elderly to Income Inequality (노인의 소득구조 불평등 기여도 분석)

  • Shin, Gyu-Cheol;Lee, Yong-Jae
    • The Journal of the Korea Contents Association
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    • v.21 no.8
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    • pp.478-488
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    • 2021
  • This study analyzes the change in the contribution of the elderly to income inequality by using the Gini coefficient and the decile distribution ratio from the data of the Korea Welfare Panel Survey from 2007 to 2018 on economic inequality in old age. According to the study, the Gini coefficient of total income gradually decreased from 0.430 in 2007 to 0.383 in 2018. As a result, inequality decreased. Also, the higher the income quintile, the higher the income growth rate. Market income inequality has increased and inequality between public and private transfer income has decreased. Analysis of the contribution of income inequality to total income confirmed that public transfer income has replaced the role of private transfer income in reducing inequality over time. The expansion of public transfer income for the maintenance of basic living of the elderly is an important source of income for the elderly despite the crowding-out effect of private transfer income, market income, public and private transfer income, which are components of the income structure of the elderly, mutually complement total income. Therefore, it is important to identify income sources that contribute to alleviating income inequality among the elderly and reflect them in policy-making process.

A Study on Institutionalization of the Rent-A-Driver Industry from the Point of View at the Creative Industries

  • OH, Moon-Kap;YOUN, Myoung-Kil
    • Korean Journal of Artificial Intelligence
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    • v.7 no.2
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    • pp.1-8
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    • 2019
  • This paper, we argue that sector in terms of the creative industries the need to the institutional settle of the rent-a-driver business; the industry could create more than 200,000 jobs, the effect is to bring out the about 4 trillion underground economy and Can be interpreted industry, which contributes to reduce social costs, ranging from 1.7 trillion won to 5.7 trillion per year. Through institutionalization of policy should support. Observation and in-depth interviews were conducted with the law and the president of the rent-a-driver business company. The operating system should be improved. the rent-a-driver business, for the formulation of the work ethic and education is desperately needed. The effect socio-economic contribution effect of the rent-a-driver business industry can be summarized as follows. First, it is an industry that has an operating system utilizing state-of-the-art technology and equipment, and the convergence of creative industries to comply with the market. Second, the effect appears as an industry that creates jobs for the populace to replace the social security system, social safety net is considered as an industry. Third, this is an industry that can be self-reliant in the short term at least political support, the industry is considered in the industry to maximize the effectiveness and efficiency of the support policy.

The Aggregate Production Efficiency of IT Investment: a Non-Linear Approach

  • Repkine, Alexandre
    • Proceedings of the Technology Innovation Conference
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    • 2002.02a
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    • pp.59-89
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    • 2002
  • The rapid diffusion of information and telecommunication (IT) technologies during the recent decennia produced fundamental changes in the economic activity at a global level, resulting in what became coined as the "new economy". However, empirical evidence on the contribution of IT equipment to growth and productivity is at best mixed, with the more or less consistent results on the positive link between the two relating to the United States in the 1990-s. Although the empirical literature on the link between IT investment and economic performance employs a wide variety of methodologies, the overwhelming majority of the studies appears to be employing the assumption of linearity of the IT-performance relationship and predominantly explores the direct nature thereof. In this study we relax both these assumptions and find that the indirect, or aggregate productive efficiency, effects of IT investment are as important as are the direct ones The estimated non-linear nature of the indirect relationship between IT investment intensity and productive efficiency accommodates the concepts of critical mass and complementary (infrastructure) capital offered in the literature. Our key finding is that the world economy′s average level of IT investment intensity remained below the estimated critical mass. Since in this study we developed a methodology that allows one to explicitly measure the critical mass of IT investment intensity, its individual estimation at a country or industrialsector level may help evaluate the extent to which IT investment activity has to be encouraged or discouraged.

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A Survey of Nutritional Status, Physical Growth and Behavior of School Children (학령기 아동의 영양실태와 신체발달 및 행동에 관한 조사연구)

  • Kim, Sun-Hee;Kim, Sook-He
    • Journal of Nutrition and Health
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    • v.16 no.4
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    • pp.253-262
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    • 1983
  • A survey was undertaken to investigate relationship between nutritional status and physical growth and behavior of school children. Dietary intakes, environmental factors, physical growth, personality, and cognitive development were measured in 323 children of 4 th and 6th grader in the urban and rural arcas. The results are summarized as follows : 1) The average intakes of the food groups and nutrients except ascorbic acid were lower in rural children. Comparing the intakes of the rural children with RDA of the Korean children, 64.0% of them in protein, 99.3% in calcium, 84.6% in iron, and 73.5% in riboflavin consumed less than 75% of RDA. Environmental factors were significantly related to the nutrient intakes 2) Height, weight, and head circumference were significantly related to the nutrient intakes. Retarded growth due to malnutrition was supposed in the $rural^{1)}$ area. 3) Some domains of personality were significantly related to nutrient intakes. 4) Environmental factors, physical growth, and nutrient intakes made independent contribution to variation in cognitive performance and their relative importance depended on the particular cognitive domain when stepwise multiple regression analyses were undertaken. Environmental stimulation was largely associated with verbal usage, and economic status and nutrient intakes with numerical reasoning. Above findings support that nutritional deprivation retards brain growth and performance on various cognitive dimensions of children. Therefore, amelioration of the several adverse social, economical, environmental influences as well as the improvement of dietary intake is required to bring about a substantial enhancement of the physical growth and the mental development of children.

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China's Belt and Road Initiative and its Implications for Global Development

  • DUNFORD, MICHAEL
    • Acta Via Serica
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    • v.6 no.1
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    • pp.91-118
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    • 2021
  • China's Belt and Road Initiative (BRI) is China's contribution to the need for the world to collectively address deficits of peace, development, governance, and problems relating to climate, the environment and human health. The rise of China and the BRI do challenge the current 'rules-based global order' and the economic dominance and moral, political, economic, and cultural leadership of the United States and its allies. However, China's goal is not hegemony but a multipolar world in which common values coexist with principles of peaceful coexistence (including non-interference in the internal affairs of sovereign states). The evolution of the BRI is outlined, and the ways in which it reflects Chinese interests are summarized, including its roles in addressing natural resource dependence and excess capacity, a transition from investment promotion and factor-intensive growth to going out and industrial upgrading, going West, and the effective deployment of China's foreign exchange assets. Although China does therefore potentially gain, the BRI is designed so that partners also gain in a quest for win-win co-operation and mutual benefit. The values that underlie this approach and the call for a community with a shared future are compared with competing western values, whose roots lie in Enlightenment thought and are associated with a record of colonialism and imperialism. In this light, the article concludes with a consideration of the global implications of the BRI, the challenges it confronts and the likelihood that the unipolar moment will give way to a multipolar global development path.