• Title/Summary/Keyword: economic ladder

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An Analysis of Affecting Factors on the Recognition of 'Ladder of Life' in Middle-Aged Adults : Focused on 60-70s (중장년의 '삶의 사다리' 인식에 대한 영향요인 분석 : 60-70대를 대상으로)

  • Lee, Doh-Hee;Jung, Myoung-Ja;Yu, Young-Seol
    • The Journal of the Korea Contents Association
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    • v.21 no.1
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    • pp.511-519
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    • 2021
  • This study examined the perception of life felt by low-income people in middle-aged and elderly people by enhancing the population structure of Korea, which is entering an aging society. For the analysis, the variables that need from the 2019 welfare panel data provided by the Ministry of Health and Welfare were selected. The final 1,684 samples were selected from the panel samples of 14,918 people, from the '60-70s' of 'low income class', by removing the unresponsive and insincere samples. In particular, this study defined as a dependent variable as a 'ladder of life' measured in panel data, and analyzed the personal characteristics and life satisfaction factors affecting 'ladder of life'. As a result of the analysis, most of the personal characteristics were found to be influential factors of the "ladder of life" when considering only personal characteristics as an influential factor for the dependent variable "ladder of life". Also, as a result of examining the interaction effect on the economic state variable, there was no significant interaction effect. This shows that the health condition is more important than the economic condition as the influential factor on the ladder of middle-aged elderly people. Therefore, the recognition of the elderly 'ladder of life' should improve the awareness of the elderly's life by various 'environmental factors', both internal and external, rather than the personal conditions and environment of the elderly. In other words, a plan to present a positive alternative to their perception of life will be needed.

The Impact of Children's Education Level on Intergenerational Income Persistence (자녀의 학력이 부자간 소득계층 대물림에 미치는 영향)

  • Lee, Jin Young
    • Journal of Labour Economics
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    • v.40 no.3
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    • pp.1-28
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    • 2017
  • Using Korea Labor and Income Panel Surveys data, this paper estimates the effect of schooling level on income over time and the effect of children's education level on intergenerational income persistence. The results show that the impact of education level on income decreased over time. Also, intergenerational income persistence, measured as a dummy variable that has value one if children's income percentile group is same as the father's, increased with children's educational attainment only when the father is in upper income percentile groups. These findings indicate that education fails to play a significant role of the economic ladder and does not much help in raising intergenerational income mobility. Rather, education may possibly function as a means of intergenerational transmission of wealth through parental investment in their children's private education.

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Inclusive Innovation in India: Historical Roots

  • Krishna, Venni V
    • Asian Journal of Innovation and Policy
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    • v.6 no.2
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    • pp.170-191
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    • 2017
  • Inclusive innovation refers to different types and forms of innovation activities or performance by which we can get more for lesser cost and which could cater and meet the needs and demands of more people. The essence of inclusive innovation is to help poor, marginalized and underprivileged sections of society to improve their livelihoods and enable them to climb up the socio-economic ladder. In the current phase of economic slowdown, increasing unemployment and inequalities, World Bank, OECD and various governments are turning towards inclusive innovation as a new source of optimism or even as a new innovation strategy. Whilst it is being reframed or packaged as a novel or a new strategy, one can trace its historical roots to the AT movement and the Gandhian ideas of economy and society in the 1940s and 1950s. These ideas have inspired and influenced a range of individuals, institutions and civil society groups in inclusive innovation.

A Study on the Implication of Sustainability and Environmental Assessment (지속가능성과 환경평가의 연계에 관한 연구)

  • Hong, Sang-Pyo
    • Journal of Environmental Impact Assessment
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    • v.20 no.3
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    • pp.269-279
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    • 2011
  • Sustainability assessments tend to integrate ecological, social, and economic concerns. Sustainability assessment could be considered the highest rung in the assessment ladder. Broad strategies that seek to integrate individual SEA(Strategic Environmental Assessment) could be subjected to a sustainability assessment. Sustainability assessment could incorporate global and transboundary effects and priorities into SEA and project-level EIA(Environmental Impact Assessment). SEA could provide an environmental context and direction for project-level EIA. Procedural and substantive EIA requirements can be addressed through tiering such as sustainability assessment, SEA, project-level EIA. In Korea, PERS(Prior Environmental Review System) that has been utilized to evaluate administrative plans related with various kinds of development projects should be evolved not only to incorporate environmental impacts into early stage decision-making, but also to implicate sustainability assessments that include social equity and economic efficiency. Integration of SEA and sustainability assessment can be initiated through the application of DPSIR (Driving Force - Pressure - State - Impact - Response ) framework that was developed by European Environmental Agency.

Inclusive Innovation in India: Contemporary Landscape

  • Krishna, Venni V
    • Asian Journal of Innovation and Policy
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    • v.6 no.1
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    • pp.1-22
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    • 2017
  • The essence of inclusive innovation is to serve poor, marginalized and underprivileged sections of society to improve their livelihoods and enable them to climb up the socio-economic ladder. In this article, we explore the contemporary Indian landscape. There is a diversity of institutions and institutional approaches, multiple methodologies and goals in promoting inclusive innovations in this landscape. There are grassroots innovation institutions. All these institutions and groups have demonstrated how to improve the living conditions of poor people and enhance their income. They have developed different methodologies of inclusive innovation to intervene, build capacities and capabilities of poor people towards bridging informal and formal sectors of economy. Indian landscape can now boast of some successful models and a "social laboratory" for inclusive innovation. The challenge, however, remains to replicate and multiply these models to impact other sectors of Indian informal economy.

Assessment of fish stocks and economic value in accordance with fishway renovation: Case study of Samcheokoshipcheon0010 Weir (어도 개보수에 따른 어류 자원량 및 경제적 가치 평가: 삼척오십천 사례)

  • Moon, Woon-Ki;Bae, Dae-Yeul;Kim, Do-Hyun;Shin, Hyun-Beom;Suh, Jung Bin;Lim, Kyeong Hun;Lee, Eui-Haeng;Yoo, Jae-Sang;An, Kwang-Guk;Kim, Jai-Ku
    • Korean Journal of Environmental Biology
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    • v.38 no.1
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    • pp.30-39
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    • 2020
  • The changes in fish stock and biomass before and after fishway renovation located in a Korean estuary were studied and fluctuations in the economic value of the fish resources were estimated. The target fishway located in the east coast area in Korea was renovated in 2014 from the small fish ladder to the ice-harbor fishway. Monitoring was continued for five consecutive years after the renovation(2015 to 2019). Since the renovation of the fish passage, the economic values increased with increases in the fishery resources, except for in 2016 when the drought impact was severe. The yearly average incremental increase in the five years after the renovation was about 227%. The increase in economic value is believed to be due to the increased population of migratory fish as a result of habitat expansion. The exponential rise model showed an increase in economic value with increasing fishery resources (R2=0.896). The model coefficient contributing to economic analysis was 0.582 and the maximum economic value after the renovation was estimated at about 30.4 million. The economic value would be a useful index for quantitative comparison in terms of ecosystem services before and after renovation.

Pricing Mechanism of Production Factors in the Broadcasting Industry (드라마 제작산업의 가격 결정 메커니즘)

  • Roh, Dong-Ryul
    • The Journal of the Korea Contents Association
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    • v.16 no.2
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    • pp.618-632
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    • 2016
  • In Korea's drama industry, a production factor has several prices, not one, bucking the general economic theory. The price changes depending upon the broadcaster, the producer, and even the genre. The price gets determined by such factors as the scarcity, the substitutability, the overall budget size, and so on. For star actors, the price stands for their popularity and ego, which makes them strive so desperately for a higher pay than competitors. The rise of the production factor price has outpaced that of the production budget, to cause undesirable structural problems. It is deemed that the running guarantee could be a way to rationalize the pricing system for production factors in Korea.

Uncovering Income Class Heterogeneity in Self-Reported Anxiety Levels among Indonesians Before and During the COVID-19 Pandemic

  • Indera Ratna Irawati Pattinasarany
    • Asian Journal for Public Opinion Research
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    • v.12 no.2
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    • pp.75-101
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    • 2024
  • This study investigates the variation in anxiety levels across income classes in the wake of the COVID-19 pandemic in Indonesia. The research is based on data from nationally representative surveys conducted in 2017 and 2021, and it employs a multilevel mixed-effects ordered logistic model. The unique aspect of this investigation lies in its utilization of the Cantril ladder, a commonly employed tool in public opinion research, to gauge anxiety levels. Participants are prompted to assess their present life circumstances concerning their daily worries and anxieties. The empirical findings provide evidence that individuals in provinces with higher exposures to COVID-19 reported heightened anxiety levels. Furthermore, the results highlight a consistent association between higher household income and lower levels of anxiety. Notably, individuals from the highest income group experienced a substantial decline in anxiety levels during the pandemic. When examining specific income classes, the study reveals heightened anxiety among women in higher-income brackets and among lower-income households residing in urban areas. Furthermore, regarding macroeconomic circumstances, the results illustrate a positive correlation between economic prosperity and anxiety levels among members of low-income households. The study also uncovers a positive connection between income inequality and self-assessed anxiety within upper-middle and high-income brackets.

Estimation of citizen's willingness to pay for water quality improvement on urban rivers (도시하천 수질개선을 위한 시민의 지불의사액 추정 연구)

  • Kang, Jiyoon;Yang, Jinwoo;Hwang, Youngsoon;Kim, Keewook
    • Journal of Korea Water Resources Association
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    • v.56 no.3
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    • pp.225-233
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    • 2023
  • Urban rivers and their surrounding environments have been altered due to factors such as rapid economic growth and urban development. This alteration have caused the rivers to lose their original value and become exposed to various pollution, resulting decrease in citizens' quality of life. This study aims to estimate citizens' Willingness To Pay (WTP) for water quality improvement in Suyeong River in Busan. To estimate the non-market value of the Suyeong River, the WTP of Busan citizens for water quality improvement was estimated, applying Contingent Valuation Method (CVM). The WTP for improving the water quality from Grade 4(polluted water) to Grade 2(game fish like bass can live in it) was estimated using the water quality ladder concept of the US Environmental Protection Agency, assuming annual donations for five years. For the CVM, the logistic distribution and Spike Model were adopted. As a result, citizens residing in the surrounding area of Suyeong River expressed a higher WTP. Considering more than half of the Busan citizens are aware of the "conservation of nature and ecosystems" as a major function of the Suyeong River, this higher WTP could serve as a basis for improving the value of urban rivers.

A Study on the Economic Impacts of Korean R&D Expenditure on the Manufacturing Industry by Technological Levels: Using the Input-Output Table (한국 R&D투자의 기술수준별 제조업 구분에 따른 경제적 파급효과 분석: 산업연관표 활용)

  • Park, Chang-Dae;Ahn, Seung-Ku;Park, Jung-Gu
    • Journal of Technology Innovation
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    • v.26 no.1
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    • pp.85-105
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    • 2018
  • This study analyzes the economic impacts of Korean R&D expenditure on the industrial structure by technological levels using 2010~2014 Input-Output table data. The industrial structure is reclassified into 4 manufacturing industries by OECD's Technology Intensity Definition. Then, we analyzes the production-inducing and value added-inducing of those industries. As the results of the analysis, it is found that the production-inducing effect by the R&D expenditure has been higher in the middle-high and middle-low technology manufacturing and that the value added-inducing effect has been higher in the middle-high technology manufacturing. On the other hand, the production and value added-inducing effects has been lower in the high-tech manufacturing which is highest in the R&D expenditure. The above results indicate that industrial structure has not been linked with the quality ladder that expresses the enhancement of tech level through R&D expenditure. Based on these results, the policy recommendation implies that R&D expenditure should be concentrated to improve the production- and value-added effects of the high technology manufacturing in order to advance the industrial structure. However, this study has the limitation that the analyses on the dynamic-inducing effects are not carried out due to the lack of fixed capital formation data.