• Title/Summary/Keyword: economic inequality

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Income led growth in Korea: issues, implications and roles (소득주도 성장의 평가와 향후 방향)

  • Kim, Taeil
    • 한국사회정책
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    • v.25 no.3
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    • pp.175-208
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    • 2018
  • The purpose of this article is to evaluate Korea's income-led growth policy that is still in dispute. To do this, I discussed the content, background and implications of the income-led growth theory. Next, I discussed the role of income-led growth as a growth strategy in the Korean economy. The income-led growth theory comes from the Keynesian tradition which emphasizes the role of demand in the economic growth. The basic idea emerged nearly 80 years ago, and the current model emerged about 30 years ago. Some of the Korean researchers began to pay attention to this issue when ILO researchers discussed it in 2010. The recent emphasis on income-led growth theory was due to the tendency of declining labor income, thus forming a consensus that increasing inequality can hamper growth. The effectiveness of the income-led growth strategy, which can lead to economic growth by increasing the share of labor income, is theoretically and empirically controversial. However, it is understandable why income-led growth strategies have emerged. Income-led growth is not a short-term strategy nor a key of growth strategy. However, in current socio economic structures, the prescriptions of income-led growth theory is meaningful in that it enables sustainable growth by making the economic system healthy. In addition, unlike the West, the government's welfare expenditure can play a significant role as part of the income-led growth prescriptions in Korea.

Effect of Social Relation on Digital Device Usage: A Social Capital Perspective (개인의 사회적 관계가 디지털 기기 활용에 미치는 영향에 대한 연구: 사회적 자본 관점)

  • Yunmo Koo;Joohyun Oh
    • Information Systems Review
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    • v.21 no.3
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    • pp.131-149
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    • 2019
  • As smart phones, tablets, and other digital devices become more pervasive, theoretical arguments around digital divide, which has previously focused on "access," is now expanding to effectively "utilize," actively "produce" and "share" information. Such discussion is significant because the impact on inter-personal and social networks depends on how digital divides are used, which can then recreate or exacerbate social inequality structures. This study examines the effect of individual's social relations and two types of social capital (i.e., bonding and bridging) on economic and socio-participatory usage of digital devices. An empirical analysis of dataset from 740 surveys reveals that the more horizontal the social relations of the individual, the more both bonding and bridging social capital increase. However, rather than the social relationship of the individual directly influencing the two types of digital device usage, it has an indirect effect on both economic and socio-participatory usage of digital devices. In particular, mediating effects of both bonding and bridging social capital exist in the case of economic usage of digital devices, whereas bonding social capital only has mediating effects on economic usage of digital devices. We discuss the role of social capital on digital devices usage and present the theoretical and practical implications.

Historical Implications of Residential Segregation in Busan, Korea (부산시 거주공간분화의 시대사적 함의)

  • Bae, Mi-Ae
    • Journal of the Korean association of regional geographers
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    • v.13 no.5
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    • pp.477-494
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    • 2007
  • This paper offers a brief overview of the historical implications of residential segregation in Busan, Korea. It first reviews the history of residence from the early 1900s to the present and the transition of residential boundary of the City of Busan. It then considers the characteristics of residential segregation and the important factors in it. The social class of pre-industrial society led the inequality of residential areas around the Eubchee. The existed Korean residential areas were separated by newly built-up residential areas in the Japanese colonial era. After the liberation from Japanese Rule and Korean War, rapid population growth made considerable slums across the City of Busan. These slums were an important factor to segregate residential areas from prosperous areas ever afterward. The socio-economic status has related to residential segregation through the formation of differential housing classes since 1990s. The historial analysis of these periods will offer an insight into how the dominant factors lead residential segregation in a specific period by promoting a more socio-economically integrated society.

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Wage Determination Process and Income Disparity in Korean Metropolitan Cities (우리나라 광역대도시 지역노동시장의 임금결정과정과 소득격차)

  • 이원호
    • Journal of the Economic Geographical Society of Korea
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    • v.5 no.2
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    • pp.187-207
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    • 2002
  • This study investigates the wage determination process of regional labor markets in order to understand the regional dimension of labor market processes in Korean metropolitan cities. Since the financial crisis in late 1997, the interplay between labor market restructuring such as unemployment and skill polarization and income disparity has been shaped by the labor market process in the metropolitan cities. This is also closely related to the fact that both industrial restructuring and expanding information technologies in the metropolitan region have reshaped the labor demand structure and finally resulted in structural unemployment due to skill mismatch and spatial mismatch and wage inequality across different occupations. In addition, since wage determination process clearly has a regional dimension, wage determination and its influence on income profile in a certain regional labor market need to be understood by investigating its labor market characteristics including labor supply and demand structure, industrial changes, changing unemployment, etc. This is why labor market policy as a regional policy needs to be redefined and it can be much enhanced by geographical investigation on regional labor market.

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A Correlation between the Education Gap and Information Literacy (교육격차와 정보활용능력의 상관관계 연구 - 『도서관과 정보생활』교과의 I·II 영역을 중심으로 -)

  • Kang, Bong-Suk
    • Journal of Korean Library and Information Science Society
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    • v.49 no.2
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    • pp.179-199
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    • 2018
  • The purpose of this study is to analyze the difference of economic condition of students, that is, the difference of basic information utilization ability stemming from education gap. First, we investigated information literacy for high school freshmen who can control the difference of information utilization education experience by school. In doing the research, 629 high school students in the metropolitan city were surveyed using web. we analyzed the educational gap between schools depending on their economic conditions and analyzed the correlation between education gap and basic information utilization ability. As a result, it was found that there is a very significant negative correlation between the ratio of students who get support for school expenses and basic information utilization ability. Second, regression equation was produced through regression analysis of information literacy regression to analyze the effect of educational gap on basic information literacy. In addition, it seeks to consider alternatives that can improve the inequality of information literacy which is derived from education gap.

The Relationship between Industrial Classification and Chronic Disease (산업분류와 만성질환 유무와의 관계)

  • Hong, Jin Hyuk;Yoo, Ki Bong;Kim, Sun Ho;Kim, Chung Woo;Noh, Jin Won
    • Korea Journal of Hospital Management
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    • v.21 no.4
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    • pp.55-62
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    • 2016
  • Purposes: The industry has specialized and fragmented than in the past. As a factor of economic growth and industrialization, the number of people employed in primary industry decreased and the number of people employed in secondary and third industry continuously increased. In modern times, incidence of chronic disease is increasing according to industrial development. So, the purpose of this study was to analyze the chronic disease according to Clark's industrial classification. Methodology: Data were derived from the 2012 Korea Health Panel. The sample was made up of 7,132 adult participants aged 20 or over selected Korea Health Panel by probability sampling from Korea. Binary logistic regression analysis was conducted to examine the main factors associated with chronic disease. Findings: The significant factors associated with chronic disease were gender, age, marital status, household member, education level, insurance type, disability, BMI, and industrial classification. Female, elderly, divorced(including bereavement, missing and separation), one-person households, less than high school graduation, medical aid, disability, obese and primary industry were confirmed chronic disease increases. Practical Implications: The study finds that primary industry's prevalence of chronic disease was higher than secondary and third industry. Therefore, this study aims to management and effort of the worker who engaged in the primary industry. Policy development is required to address inequality or popularization of the differences in these factors by conducting a study to define the working conditions and socio-economic factors between industry.

For the Reforms and Progress in Researches on Korean Economy (개혁과 진보를 향하여 : 한국경제연구 10년의 기록)

  • Song, Won-Keun
    • 사회경제평론
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    • v.31 no.1
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    • pp.1-23
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    • 2018
  • This study reviews articles published in the Review of Social & Economics Studies and presented at many research conferences organized by Korean Association for Political Economy(KAPE). The purpose of this review is to retrospect such research activities of KAPE and to make a step forward to relevant research on Korean Economy. Considering current economic depressions and the crisis of academic science in general, the responsibilities of researchers as a economist are heavier than ever. To break through these difficulties, we have to inspire and organize research activities at KAPE level above all things. At the individual level, we should attend objective analysis and propose alternatives to Korean economy in the lights of reform and progress viewpoint.

Income-led Growth and Legacy of the Korean Welfare Regime (소득주도성장과 한국 복지체제의 유산 : 분배와 성장의 선순환을 만들 수 있을까?)

  • Yoon, Hong-Sik
    • 한국사회정책
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    • v.25 no.2
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    • pp.243-280
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    • 2018
  • This paper examines the discussion on the income-led growth known as the core economic strategy of Moon's administration in terms of Korean welfare regime. Although the income-led growth strategies have presented various issues, the income-led growth strategy seems to be a timely alternative discourse that emphasizes the demand side, considering supply-oriented growth strategies have caused long-term recession and deepening of inequality. It is important that the income-led growth strategy places social expenditures as an important growth engine for virtuous cycle of production and consumption. However, this paper has confirmed that simply raising wages and increasing social expenditure do not increase the aggregate demand and production. Moreover, empirical studies have shown that the inclusion of external sectors and liabilities into the analysis weakens the wage-led growth of the Korean economy. For this reason, this study concluded that the government's sophisticated policy intervention is necessary for the increase of real wages and social spending to be economic growth.

Factors Affecting Dental Utilization and Dental Expenses in the Economically Active Population: Based on the 2010~2014 Korea Health Panel Data

  • Lee, Jin-Ha;Ahn, Eunsuk
    • Journal of dental hygiene science
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    • v.19 no.1
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    • pp.23-30
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    • 2019
  • Background: The health of the economically active population contributes to increased corporate productivity by reducing the productivity loss caused by disease and increasing job efficiency, which in turn is a national benefit. Since the economically active population is a concept encompassing workers and a source of economic development for a country, that population's health should be treated with importance not only from a personal standpoint but also at a national level. Methods: In this study, data of 11,007 adults aged 20 years and older who participate in economic activities were analyzed in the five-year Korea Health Panel Study from 2010 to 2014 including the number of dental visits and dental medical expenses. Results: Factors related to "gender," "education level," "age," "duty category," "income level," "employment type," "national health insurance," and "chronic disease status" of the economically active population are affected in relation to the number of visits and dental medical expenses. The number of dental visits increased with higher education levels (p<0.001), and the number of visits to the dentist increased with older age (p <0.001). Dental medical expenses were 91,806 Korean won (KRW) more for "white-collar workers" than for "blue-collar workers" (p<0.03), and 127,674 KRW more for "regular workers" than for "atypical workers" (p<0.02). Conclusion: When it is necessary to improve policies to enhance the efficiency of the distribution of health and medical resources in the overall balance of the dental health sector, we should try to identify various factors of oral health disorder due to income inequality among the classes according to the country's employment type in order to find ways to reduce the health gap among the social classes.

Intensification and Spatial Concentration of Protected Horticulture through the Industrialization of Agriculture: Focused on Cultivation under Structure of Oriental Melons (농업의 산업화 과정에서 나타나는 시설원예농업의 집약화와 공간적 집중화: 참외농업 시설재배를 중심으로)

  • Jang, Youngjin
    • Journal of the Economic Geographical Society of Korea
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    • v.21 no.4
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    • pp.273-288
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    • 2018
  • The protected horticulture sector was evaluated as achieving the highest level of agricultural industrialization, this study examined the structural changes in the field of Korea oriental melon farming, where cultivation under structure has advanced through its long history, with the focus on intensification and concentration of agriculture. From the 1970's, the oriental melon farming labor were replaced by capital due to the increase of dependence on input industries and the decrease in labor input, thus intensification improved the productivity. Through the development, Seongju-gun of Gyeongsangbuk-do, experienced faster growth of cultivation compared to other regions, and gained a competitive edge in productivity which led to the spatial concentration as well as the concentration of farms. In this restructuring process of oriental melon farming, spatial inequality intensified throughout the agricultural development as the existing farming spaces underwent a dynamic shift.