• Title/Summary/Keyword: economic resource

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The Influence of Physical Resource Loss and Gain on Well-Being of People in Low-Income and the Mediating Role of Economic Stability (저소득층의 물리적 자원의 상실 및 획득이 안녕감에 미치는 영향과 경제적 안정의 매개 역할)

  • Park, Sunyoung
    • Korean Journal of Social Welfare
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    • v.65 no.2
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    • pp.335-356
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    • 2013
  • Physical resources are central to coping with economic hardships for people in low-income, yet life experiences such as resource loss and gain and their relationships with a sense of well-being received scarce attention. Thus this study investigated levels of loss and gain of physical resources, economic stability and well-being of 254 adults who participated in welfare-to-work programs; correlations and paths among these variables; and direct and indirect effects of economic stability by structural equation modeling. Major results were: first, the levels of resource loss and gain were below a moderate level and the level of gain was significantly higher than the loss level. Second, in the relationships with both economic stability and well-being, resource loss showed negative correlations, while resource gain showed significantly positive correlations. Third, the negative direct effect of resource loss either on the economic stability or on the well-being respectively was significant and the indirect effect on well-being through economic stability was also significant. Finally, the direct effect of resource gain on either economic stability or well-being was significant; and the indirect effect of resource gain on well-being was also significant. Thus in both models for resource loss and gain, the indirect effect of economic stability was significant, which supports partial mediation model. Based on these results, implications for social work practice and research were examined, particularly for enabling social work practice to utilize information regarding resource loss and gain, economic stability, and a sense of well-being that were embedded in the community life of people in low-income.

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A Study of the Economic Structure of Baby Boomer Households and the Determinants of Economic Satisfaction in Korea (베이비부머 가계의 경제구조 및 경제적 만족도 분석)

  • Seo, Ji-Won
    • Journal of Family Resource Management and Policy Review
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    • v.16 no.1
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    • pp.41-66
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    • 2012
  • Recently, Korean baby boomers, which make up approximately 15% of the total population, have begun to retire. Their economic well being is one of Korea's most important social issues. The purpose of this study was to compare the economic structure of baby boomers' households with that of the prior generation, as well as to analyze the determinants of economic satisfaction from the perspective of "work" and "child educational burden." In addition, group comparisons were made regarding economic resource allocation between baby boomers and the prior generation and within baby boomers of different work and child educational burden statuses. Data from the 2nd wave of the Korean Longitudinal Study of Ageing (KLoSA), including baby boomers and the generation prior to the baby boomers, were used. The major findings were as follows. First, the baby boomers had a different economic structure, level of economic satisfaction, and economic resource allocation when compared to the prior generation. The economic structure of baby boomers in terms of income, expenditure, savings and assets, debts, and trust in policies significantly differed from their counterparts. Second, the determinants of economic satisfaction and the propensity of resource allocation were different depending on whether they worked or had a child educational burden, respectively. Based on these empirical results, policy implications for the future economic well being of baby boomers were provided.

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Recent Trend for the Application of Total Economic Value (TEV) Estimation to Groundwater Resources (지하수자원의 경제적 가치 평가 적용과 관련한 최근동향)

  • Song, Sung-Ho;White, Paul;Zemansky, Gil
    • Journal of Soil and Groundwater Environment
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    • v.17 no.2
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    • pp.1-6
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    • 2012
  • Total Economic Value (TEV) provides a framework to estimate the economic value of water resources including groundwater with multiple applications to natural resource economics and environmental economics. Crucial to the application of economic analysis to natural resources are techniques to value the resources as an economic value that is expressed in monetary terms. On the other hand, the aim of TEV estimation is to determine the economic value of water resources including 'use' with production and recreation and 'non-use' such as existence values. TEV is used to assess the economic value of water resources for the multiple goods, and environmental 'services' that are provided by a water resource and also used to assess options for water use, for example balancing production values provided by water resource use against the cost of resource degradation by that use. The value of TEV can be assessed over time where pollution or unsustainable use may reduce the economic value of an environmental asset. Therefore, values are used to assess options of resource use, sometimes leading to policies on resource conservation or allocation. In conclusion, the application of TEV would be well adjusted over Jeju Island where groundwater resources account for more than 98% water resources and the budget of water demand/supply shows disparity over the Island.

Human Resource Competency, Economic Potential, and Village-Based Enterprises' Productivity: The Mediating Role of Governance

  • Ida Bagus Putu Purbadharmaja;Putu Yudi Setiawan;M. Rudi Irwansyah;Bagus Shandy Narmaditya
    • Asian Journal for Public Opinion Research
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    • v.11 no.1
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    • pp.31-53
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    • 2023
  • This study aims to investigate the relationship between human resource competency, economic potential, and productivity of village-based enterprises, as well as understand the role of governance in mediating this relationship. This study was conducted in several village-based enterprises in Bali, Indonesia and the data were collected using questionnaires. Furthermore, the collected data were analyzed quantitatively using partial least analysis to confirm the relationship between variables. The findings indicate that human resource competency has an impact on governance, but it failed to explain the productivity of village-based enterprises. In addition, economic potential can have an impact on the governance and productivity of village-based enterprises in Bali, Indonesia. This study also showed a robust link between governance and productivity. Lastly, based on the statistical analysis, it was found that governance can mediate the relationship between human resource competency, economic potential, and productivity of village-based enterprises.

Qualitative Approach on Family Resource Management : Individual Families' Understanding and Management on Economic Crisis (주부의 가정자원관리에 대한 질적 접근: 경제위기에 대한 개별가정의 이해와 대처)

  • Koh, Sun-Kang
    • Journal of Family Resource Management and Policy Review
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    • v.13 no.1
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    • pp.99-118
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    • 2009
  • In Korean society, a housewife and mother often plays the role of family resource manager. In 2008, the newly appointed Korean government proposed a new direction in social policies, including family policy, that is, "active social welfare". According to "active social welfare", family policy focuses on a preventive policy and a family needs-oriented policy. In other words, newly established family policies should reflect parents' needs in their family resource management. In this economic downturn, family policies should be established to satisfy parents' needs to overcome their own family's economic crisis. This study focuses on policy recipients' real voices and their needs: they need the government's help supporting their efforts to overcome the economic crises within their families.

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Family Resources and Life Satisfaction among Middle-aged Married Men and Women (중년기 기혼남녀의 가정자원 수준 및 집단별 생활만족도)

  • Park, Mee-Sok;Kim, Mi-Young
    • Journal of Family Resource Management and Policy Review
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    • v.16 no.3
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    • pp.35-51
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    • 2012
  • The purpose of this study was to assess middle-aged married men and women's access to family resources (economic and relationship) and to examine how this affects their life satisfaction. Data were drawn from the second wave of the Korean Longitudinal Study of Ageing (KLoSA). The sample consisted of 3,265 middle-aged married men and women aged between 45 and 60, who had children. The collected data were analyzed using multiple regression, ANOVA and the Scheff$\acute{e}$ctest using SPSS 18.0 The results showed that there was significant difference between men and women in terms of their access to economic and human relationship resources. In addition, the life satisfaction of the middle-aged was found to be significantly predicted by their access to economic and human relationship resources. In particular, the life satisfaction of group (A), who had low economic resource access but high family relationship satisfaction, was found to be higher than that of group (B), who had access to high economic resources but had low family relationship satisfaction This result indicated that there was an interaction effect between family resources. A number of policy implications were made.

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Female Baby Boomers' Perceptions on Resource Transfers to their Children Who Have Gotton Married or Plan on Getting Married (여성 베이비부머의 결혼기 자녀에 대한 자원이전 인식)

  • Hong, Sung-Hee
    • Journal of Family Resource Management and Policy Review
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    • v.23 no.2
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    • pp.61-78
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    • 2019
  • The purpose of this study was to examine the resource transfer process from female baby boomers to their children who have gotten married or plan on getting married. The following research questions were explored. (1)To what extent have female baby boomers been transferring their resources to their children supporting marriage or vice versa? (2)What are the opinions of female baby boomers on future resource transfer plans to their children? (3)What are the opinions of female baby boomers on supporting themselves in their old age, and those of their children on supporting their aging parents? In-depth interviews were conducted with 11 female baby boomers who were born between 1955 to 1963. A case study research method was used to analyze the interview results. The findings were as follows. First, economic resource was the most common type of resources that the interviewees transferred to their children. Those who could not transfer their economic resources instead transferred their instrumental resources. Second, it was anticipated that the current trend of interviewees' resource transfers would be similar in the future. In other words, those who used to transfer a large amount of economic resources to their children showed their willingness to do the same in the future. Third, the interviewees did not expect support from their children, but rather were trying to prepare for their old age by themselves. Based on the overall results, the female baby boomers' transferring economic resources to their children implied that they took responsibility for their children. This appears to stem more from to altruistic motivation than reciprocal motivation. Moreover, it can be cautiously concluded that female baby boomers have different perspectives on the transfer of their resources from male's since the interviewees had different opinions on it from their husbands'.

Effects of Married Working Women's Economic Resource Contributions and Sex-role Attitudes on Couples' Decision-making (취업기혼여성이 인지한 경제적 자원 기여도와 성역할태도가 부부의사결정 유형에 미치는 영향)

  • Kim, Hyunjin;Park, Jeoung Yun
    • Journal of Family Resource Management and Policy Review
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    • v.23 no.3
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    • pp.25-42
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    • 2019
  • The purpose of this study was to identify the effects of wives' economic contributions and sex-role attitudes on couples' decision-making for use in family education and to improve stable couple relationships. This study targeted 286 married women who have a child or children. The main results of this study indicate that almost half of the participants showed that their couple decision-making, economic resource contributions and sex-role attitudes were husband-dominated. Additionally, the participants' most modern sex-role attitudes were toward gender stereotypes, though the most conservative attitudes were toward women and men's household lives. The variables that distinguished between husband-dominated and equality couples were age, education level, spouse's average income and resource evaluation; related, age, education level, spouse's average income, contribution toward household management and the occupational life of the woman were the variables that distinguished between husband-dominated and wife-dominated couples. This study also revealed the variables that affect couples' decision- making, demonstrating the necessity of considering several variables in the approach to the decision-making process of individual couples.

The Effects of Strategic Planning, Human Resource and Asset Management on Economic Productivity: A Case Study in Indonesia

  • SARA, I. Made;SAPUTRA, Komang Adi Kurniawan;UTAMA, I Wayan Kartika Jaya
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.381-389
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    • 2021
  • This study aims to examine the effect of strategic planning, human resource management, and asset management on increasing the productivity of the rural economy. This research is a quantitative approach. The research sample was carried out by simple random sampling and data collection using a questionnaire so that 129 respondents were determined. The research test was conducted using multiple linear regression with the OLS (Ordinary Least Square model. The results obtained were that strategic planning, human resource management, and asset management had a significant positive effect on increasing the productivity of the rural economy. This shows that strategic planning is the most important thing in industry, companies, or organizations as a guideline to achieve optimal performance. In addition, human resource management and asset management are positive supports for increasing the economic productivity of rural communities to achieve welfare goals. This research proves that strategic planning must be carried out by considering the existing potential, both sources. natural resources, human resources, and economic resources Meanwhile, human resource management and asset management are mandatory to support the sustainability of an organization or company so that the benefits of the study as study material in strategic decision making, both in business and public policy.

Analysis of economic and environmental value of dredged soil (준설토의 경제적·환경적 가치 분석)

  • Cho, Sung-Soo
    • Journal of Environmental Impact Assessment
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    • v.22 no.6
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    • pp.659-665
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    • 2013
  • Most of dredged soil generating millions of tons per year is treated as a waste disposing in ocean or landfill except some part of recycling. The purpose of this study is to present the prerequisite for the use of dredged soil as a resource and analyse economic and environmental values of the recycling of dredged soil. The analysis of the economic and environmental value of recycling of dredged soil as a resource showed that several trillion won of budget can be saved in construction of disposal area or landfill and that loss of about 50 million tons of aggregates from deforestation can be restored by supplyment of dredged soil preserving a mountain as big as the Namsan(Mt.) every year. In order to utilize dredged soil in more diverse areas as high value of resource, the related domestic laws are needed to be readjusted integrating laws spreaded in different government departments and a special law is prepared and enacted.