• 제목/요약/키워드: economic recession

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Impacts of Household Income and Economic Recession on Participation in Colorectal Cancer Screening in Korea

  • Myong, Jun-Pyo;Kim, Hyoung-Ryoul
    • Asian Pacific Journal of Cancer Prevention
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    • 제13권5호
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    • pp.1857-1862
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    • 2012
  • To assess the impact of household income and economic recession on participation in CRC screening, we estimated annual participating proportions from 2007 to 2009 for different CRC screening modalities according to household income levels. A total of 8,042 subjects were derived from the fourth Korean National Health and Nutrition Examination Survey (KNHANES IV). Multivariate logistic regression analysis was used to estimate odds ratios and 95% confidence intervals for CRC screening with household income quartiles by gender in each year. People were less likely to attend a high-cost CRC screening such as a sigmoidoscopy or colonoscopy independent of the income quartile during the economic recession. Income disparities for participating in opportunistic cancer screening appear to have existed among both males and females during the three years (2007-2009), but were most distinctive in 2009. An increase in mortality of CRC can therefore be expected due to late detection in periods of economic crisis. Accordingly, the government should expand the coverage of CRC screening to prevent excess deaths by reducing related direct and indirect costs during the economic recession.

IMF와 경기침체 전후 음독자살 환자에 대한 분석 -1997년부터 2004년까지 일개 대학병원 응급센터 연구조사를 중심으로- (Trends Analysis of Suicidal Poisoning in Korea- Comparison before and after the IMF Crisis and the Economic Recession)

  • 이원재;박규남;최승필;이미진
    • 대한임상독성학회지
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    • 제3권1호
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    • pp.33-39
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    • 2005
  • Purpose: Nowadays the Korean society is in the center of time of the social change. Because of dissociation of traditional family, IMF (International Monetary Fund) crisis and economic recession, the mortality rate of suicidal attempts are increasing annually. The majority of suicidal attempts were by poisoning considering the characteristics of korean society. Therefore we studied to find out the characteristics of suicidal poisoning before and after social economic stress, and to suggest the direction for the proper management. Methods: We reviewed medical records of 547 patients of suicide by poisoning who visited the emergency medical centers of St. Mary's hospitals from 1997 to 2004. For the annual trends analysis, we analyzed the demographic and toxicologic data of these patients compared with before and after IMF crisis (1998) and the economic recession ($2003\~2004$). Results: At the time of IMF and the economic recession, the number of suicidal poisoning increased, especially in fifth decade. The refusal rate of toxicological emergency treatment increased. Also the mortality rate and the admission rate to ICU (Intensive Care Unit) increased during the same period. In the result of the comparison analysis, clinical severity and mortality of social problem group were higher. However they couldn't be treated appropriately because of financial problem and the family indifference. Conclusion: At the economic recession period, the severity of suicidal poisoned patients was high. But the refusal rate of toxicologic treatment also increased, so the patients had lost the chance for proper toxicologic treatment. Therefore they would be supported by medical institution and public health.

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How to Recover From the Great Recession: The Case of a Two-Sector Small Open Economy with Traded and Non-Traded Capital

  • Jeon, Jong-Kyou
    • East Asian Economic Review
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    • 제17권2호
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    • pp.161-206
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    • 2013
  • Since the global financial crisis in 2008, the world economy has been suffering from the Great Recession characterized by high and persistent unemployment as well as drastic fall in asset prices. Real business cycle theory or new-Keynesian economics which has been the dominant paradigm in macroeconomics for the last four decades is unable to explain the high and persistent unemployment during the Great Recession. This implies that the economics of Keynes should be taken seriously again as a tool to explain the Great Recession. Farmer (2012) proposes a new way of interpreting the economics of Keynes by providing it with a solid micro-foundation based on labor markets with search. According to Farmer (2012), aggregate economic activity independently depends on the long-term self-fulfilling expectations about the stock prices. As a consequence, the government or the central bank should implement a policy that influences the public's confidence about the stock market. For an open economy like the Korean economy, it is not only stock price but also the price of asset such as house that matters more for the aggregate economic activity. Households in the Korean economy hold more than 70 percent of their wealth in the form of real estate asset, especially housing asset. This makes the public's confidence about the future prices of houses even more important in explaining the business cycles of the Korean economy. Policymakers should implement policies to improve the confidence of households about the housing market to recover from the recession caused by a fall in house prices. Little theoretical work has been done in explaining fluctuations in the aggregate economic activity from the point of house prices. This paper develops a small open economy model with traded and non-traded capital based on Farmer (2012) and shows that the aggregate economic activity also independently depends on the households' self-fulfilling expectations about the future prices of non-traded asset such as houses.

Investigating the Time Lag Effect between Economic Recession and Suicide Rates in Agriculture, Fisheries, and Forestry Workers in Korea

  • Yoon, Jin-Ha;Junger, Washington;Kim, Boo-Wook;Kim, Young-Joo;Koh, Sang-Baek
    • Safety and Health at Work
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    • 제3권4호
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    • pp.294-297
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    • 2012
  • Previous studies on the vast increase in suicide mortality in Southeast Asia have indicated that suicide rates increase in parallel with a rise in unemployment or during periods of economic recession. This paper examines the effects of economic recession on suicidal rates amongst agriculture, fisheries, and forestry workers in Korea. Monthly time-series gross domestic product (GDP) data were linked with suicidal rates gathered from the cause of death records between1993-2008. Data were analyzed using generalized additive models to analyze trends, while a polynomial lag model was used to assess the unconstrained time lag effects of changes in GDP on suicidal rate. We found that there were significant inverse correlations between changes in GDP and suicide for a time lag of one to four months after the occurrence of economic event. Furthermore, it was evident that the overall relative risks of suicide were high enough to bring about social concern.

경제와 헴라인의 상관관계 -헴라인 이론의 검증- (Does Economy Dictate Hemline Move? -Verification of the Hemline Theory-)

  • 안인숙
    • 한국의류학회지
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    • 제39권5호
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    • pp.755-764
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    • 2015
  • This study investigates if the relationships between hemline and macro-economic factors (rGDP, recession, and unemployment) are still applicable as well as analyzes time lags that reflect economic factors on the hemline index using U.S. data. The hemline theory and fashion cyclical theory were applied to propose the relationships studied. The data for the hemline measurements of women's day-wear were obtained from US Vogue spring and fall editions from 1950 to 2014. Data were standardized by dividing the length from shoulder to hemline by the length from the shoulder to ankle. I aggregated 2260 samples and hemline data to create a yearly average. This study used OLS of Stata 13 program to explore the relationship between macro-economic factors and hemline. The main findings were the recession and unemployment influenced hemline length for four years in a positive direction. Furthermore, the effects of previous recession and unemployment on the current hemline were very close to the significant level respectively. This finding supports the hemline theory in that a recessionary economy is related to longer hemlines and hemlines become shorter in flourishing economic periods.

Exploring the Performance of Australian Construction Industry in a Recent Global Recession

  • Alfred, Olatunji Oluwole
    • Journal of Construction Engineering and Project Management
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    • 제1권3호
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    • pp.1-8
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    • 2011
  • Available data on the recent global financial crisis (GFC) show that it lasted between the second quarter (Q2) of 2007 and the fourth quarter (Q4) of 2009. Australia is one of the first economies to fully recover from this crisis. This study explorles the role played by the Australian construction industry in stimulating economic growth during the recession. In order to investigate the macro-variability trend during the financial crisis, data were collected and analysed relating to the quarterly GDP of Australia and selected countries between Q1 2000 and Q4 2009. Specifically, changes in the construction industry's GDP were compared with aggregate GDP changes in Australian economy and similar indices in the 'Group of 7' (G7) countries and Organisation for Economic Co-operation and Development (OECD) countries. Moreover, specific attention was focused on Germany, France, Japan, United States of America (USA) and United Kingdom (UK). Graphical and Pearson's correlation methods were used to analyse the relationships between changes in construction GDP and Australia's overall economic growth during the recession. In addition, an attempt was made to develop a regression model for predicting economic growth during the recent recession using changes in gross fixed capital formation (GFCF), changes in construction GDP and the impact of these changes on national economy. Analysis shows a slight contraction in construction activities during the crisis; however construction triggered significant growth in the economy during the crisis period and afterwards. This appears to be the major difference between Australia and other major economies that have experienced a longer recession.

경기 불황과 욜로(YOLO): 지각된 부정적 경제 상황이 소비자의 현재에 편향된 선호에 미치는 영향 (Recession and YOLO: The Influence of Negative Perception of Economic Situation on Present-Biased Preference)

  • 정보희;정혜욱
    • 디지털융복합연구
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    • 제19권11호
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    • pp.135-144
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    • 2021
  • 본 연구에서는 밀레니얼 세대를 중심으로 한 욜로 추구 현상의 기저 매커니즘을 파악하여 지각된 경제 불황의 현재 편향적 소비 행동에 미치는 영향을 알아보고자 하였다. 또한 지각된 경제 불황이 소비자의 현재 편향적 선택 행동에 미치는 영향을 매개하는 요인으로 개인의 고정주의 성향을 제안하고 이를 실증적으로 검증함으로써 암묵적 이론 관련 연구 결과를 확장하고자 하였다. 학부생을 대상으로 한 세 번의 실험 연구에서 부정적 경제 상황이 점화되거나, 부정적 경제 상황을 더 높이 지각한 소비자들은 현재 편향된 소구에 대한 더 높은 선호를 보고하였고, 현재에 편향된 대안을 선호하는 경향을 보여주었다. 이러한 연구 결과는 저성장과 코로나 19 사태로 경기 침체를 경험하는 현 상황에서 마케터에게 보다 효과적이고 유용한 실질적 지침을 제공한다.

경영활동 중요도 평가가 경영성과에 미치는 영향 (The Effect of the Management Activities' Importance Perception on the Business Performance)

  • 김수현;이상규
    • 한국콘텐츠학회논문지
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    • 제18권9호
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    • pp.366-374
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    • 2018
  • 본 논문에서는 기업이 경영활동들에 대해 생각하는 중요성 정도를 경기 침체 전후로 구분하여 경영성과에 유의한 영향을 미치는 경영활동 요인을 발견하고자 한다. 또한, 기업이 포함되어 있는 산업별로, 기업이 참여하는 정부 지원정책 유형별로 경영활동별 중요도가 경영성과에 미치는 영향을 분석하고자 한다. 분석 결과에 따르면, 경기침체 이전과 이후에 동일하게 주로 '국내 외부 기술 도입'과 '신제품 출시' 등의 경영활동이 중요하다고 생각할수록 매출액에 유의한 영향을 주고, 추가적으로 경기침체 이전에는 '외국 외부 기술 도입' 활동이, 경기침체 이후에는 '자금조달' 활동이 매출액에 유의한 영향을 주는 것으로 나타났다. 대기업과 중소기업, IT기업과 비IT기업, 연구개발 투자 비중이 높은 기업과 낮은 기업, 그리고 참여한 정부 지원정책이 다른 기업별로 매출액에 영향을 주는 경영활동은 서로 다른 결과가 나타났다. 즉, 경영성과를 제고할 수 있는 경영활동의 지원은 모든 기업에게 공통적으로 제공되는 것보다는 기업의 특성을 고려하여 적절한 방법으로 이루어져야 한다는 것을 확인할 수 있다.

경기 대침체 이후 가계의 부채상환 문제 (Effects of the Great Recession on Debt Repayment Problems of Hispanic Households in the United States)

  • 이종희
    • Human Ecology Research
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    • 제55권3호
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    • pp.275-287
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    • 2017
  • The recent Great Recession of 2008 was a period of sharp economic decline throughout the late 2000s. All socio-demographic groups were impacted by the economic downturn, however, Hispanic households were particularly hard hit. It is not a recent phenomenon that minority groups often have greater problems related to credit and debt repayments. A better understanding of these racial/ethnic differences in credit and debt has been hindered by the propensity of many studies to pool all racial/ethnic minorities together and compare them to white households. Using a Heckman-type selection model with a combination of the 2010 and 2013 Survey of Consumer Finances datasets to study household debt repayment problems, we found that racial/ethnic groups have been differently impacted by the recent Great Recession in terms of debt repayment problems. Hispanic households were less likely to hold debt; however, those with debt were just as likely as white households and African American households to be delinquent in repayments. This finding is contrary to prior research that indicated Hispanics with debt were less likely than white and African American households to be delinquent on repayments prior to the Great Recession of 2008. We propose possible explanations for the increase in debt repayment problems, that includes increased assimilation into the U.S. culture of credit use, the circumstance of being more recent home buyers prior to the decline, and living in states that suffered the greatest decline in housing value.

Changes in Labor Regulations During Economic Crises: Does Deregulation Favor Health and Safety?

  • Jhang, Won-Gi
    • Journal of Preventive Medicine and Public Health
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    • 제44권1호
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    • pp.14-21
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    • 2011
  • Objectives: The regulatory changes in Korea during the national economic crisis 10 years ago and in the current global recession were analyzed to understand the characteristics of deregulation in labor policies. Methods: Data for this study were derived from the Korean government's official database for administrative regulations and a government document reporting deregulation. Results: A great deal of business-friendly deregulation took place during both economic crises. Occupational health and safety were the main targets of deregulation in both periods, and the regulation of employment promotion and vocational training was preserved relatively intact. The sector having to do with working conditions and the on-site welfare of workers was also deregulated greatly during the former economic crisis, but not in the current global recession. Conclusions: Among the three main areas of labor policy, occupational health and safety was most vulnerable to the deregulation in economic crisis of Korea. A probable reason for this is that the impact of deregulation on the health and safety of workers would not be immediately disclosed after the policy change.