• Journal of Korea Technology Innovation Society
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• v.4 no.2
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• pp.127-142
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• 2001

This paper presents an econometric model for measuring basic research capacity index(BRCI) of each OECD countries and analyses the gap in terms of time lag measured and forecasted in connection with factor analysis and BRCI progress function. Based on the analysis, gross domestic expenditure on R&D(GERD), total R&D personnel higher education expenditure on R&D(HERD) and number of science and technical papers based on SCI are more effective than other factors to BRCI. Also, BRCI progress function shows that 29 years is needed for Korea to catch up the level of German's BRCI of year 1998. But, it's impossible for Korea to catch up US and Japan. Therefore, with restricted scientific resources, Korea's own strategy for strengthening basic research capacity is going to be more important in 21st century.

• Proceedings of the Korea Technology Innovation Society Conference
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• 2001.05a
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• pp.473-492
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• 2001

This paper presents an econometric model for measuring basic research capacity index(BRCI) of each OECD countries and analyses the gap in terms of time lag measured and forecasted in connection with factor analysis and BRCI progress function. Based on the analysis, gross domestic expenditure on R&D(GERD), total R&D personnel, higher education expenditure on R&D(HERD) and number of science and technical papers based on SCI are more effective than other factors to BRCI. Also, BRCI progress function shows that 29 years is needed for Korea to catch up the level of German's BRCI of year 1998. But, it's impossible for Korea to catch up US and Japan. Therefore, with restricted scientific resources, Korea's own strategy for strengthening basic research capacity is going to be more important in 21st century.

• Journal of Digital Convergence
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• v.12 no.7
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• pp.65-76
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• 2014

This paper analyzes whether local public expenditures have converged during the 1985-2011 periods in Korea, using the sixteen metropolitan and provincial governments data. We analyze the convergence of per capita real local public expenditures in terms of both static view and dynamic view of convergence. Furthermore, we derive the estimating equation for per capita real local government expenditure growth function from theoretical model based on Skidmore et al.(2004)[23]. The main results from empirical analyses are such that an increase in aged people helped local government expenditures increase. Also, we found that the convergence speed of economic expenditure is greater than that of social welfare expenditure. Similarly the convergence speed of public capital expenditure is greater than that of public consumption expenditure. In the future we had better examine the convergence of local public goods taking into account their congestion rates.

• Korea Journal of Hospital Management
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• v.8 no.2
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• pp.93-110
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• 2003

Fiscal crisis in the medical insurance has put the pressure upon hospitals by increasing the rate of curtailment, since the implementation of the separation between prescription and dispensing of Drug. The purpose of this study is to analyze the curtailment for antibiotics, injected drug and other drugs expenditure before and after the system of separation between prescribing and dispensing. Data were gathered from 13 general hospitals and used for analysis of trends on antibiotics and injected drug expenditure, and curtailment in 2000-2001 at three months intervals. The results were as follows; The curtailment rate of antibiotics expenditure has been increased in outpatient and inpatient since 2000. The curtailed antibiotics cost and injected drug cost in outpatient under the prescription within the hospital and in inpatient increased. The ratios of curtailment versus expenditure had increased in antibiotics, injected drugs, anticancer drugs, antiulcer drugs, albumine, antiinflammatory drugs. These results suggest that claim review system in social health insurance were over-focused mainly to control the cost and it might to impede the validity of claim review function in health insurance system. Therefore, it's needed to develope the scientific and reasonable parameter & criteria for claim review of drug expenditure.

• Asia-Pacific Journal of Business
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• v.10 no.2
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• pp.13-26
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• 2019

This paper aims to empirically examine the short-run and long-run aggregate demand for the US imports using quarterly economic data for the period 2000-2018 including aggregate imports, final expenditure components, gross fixed capital formation and relative price of imports. According to the results of both multivariate co-integration analysis and error correction model, the above variables are all cointegrated and significant differences are found to exist among the long-run partial elasticities of imports as regards different macro components of final expenditure. Partial elasticities with respect to government expenditure, gross fixed capital formation, exports and relative price of import are found to be positive while imports seems to respond negatively to changes in private consumption, implying that an increase in private consumption could result in a significant reduction in demand for imports in the long run. With regard to the relative import prices, the results appear to indicate a relatively insignificant influence on the aggregate imports in the US in the long run. However, an error correction model designed for predicting the short-term variability shows that only exports have an impact on the imports in the short run.

• Journal of the Korean Statistical Society
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• v.4 no.1
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• pp.67-78
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• 1975

Over twenty-five years ago, Professor Klein and Rubin presented the linear expenditure system. That system was first estimated by Stone. Subsequently many investigators have estimated that system. In this paper, many points of the error structure shown by Pollak and Wales are referred to. Barten presented an estimation theorem on a singular covariance matrix. In order to estimate parameters, we place an emphasis on the maximum likihood method which we believe to be most appropriate. As we have one linear restriction on parameters to be estimated, we maximized the associated likelihood function subject to that linear restriction through the well-known lagrange multiplier method. This paper is organized in the following fashion : (1) a brief description on classical consumer theory, (2) a linear expenditure system and its constraint, (3) dyanmic specification and stochastic specification, (4) estimation method, and (5) conclusion.

• International journal of advanced smart convergence
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• v.10 no.4
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• pp.215-224
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• 2021

The purpose of this study is to estimate the factors that affect college students' drinking needs and spending. An analysis model to estimate the determinants affecting drinking needs was applied with a truncated Poisson model and a truncated negative binomial model. Tests to select more appropriate models of the two types were made using the comparison of log-likelihood function and the over-dispersion test. The analysis result was interpreted by applying the truncated negative binomial model as the truncated Poisson model showed over-dispersion. We also applied the Tobit model to analyze the determinantsthat affect college students' expenditure on drinking. According to the analysis, gender, grade, allowance and parental occupation were the factors influencing statistics, and gender, type of household income, and student religion were the factors influencing expenditure.

• Proceedings of the Fisheries Business Administration Society of Korea Conference
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• 2007.06a
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• pp.133-158
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• 2007

This study aims at analyzing the potential of leports-fishing for improving fishing household income. Leports-fishing is a composite concept which is combined with those of leisure, sports and fishing. Korean on-shore resources have also a composite characteristic. The characteristics of the east, west and south coastal waters are quite different in geography, biology and ecology. There is a array of leports-fishing development potentials of utilizing their characteristics. At present, angling forms a main activity of leports-fishing, but coastal seas would be an emerging space for the public. In order for them to be a ground of fun, enjoyment and festivals, there would be necessary to supply a wide range of activities including angling, scuba diving, fish barbecue, ecological experience, fishing experience, cruise, and so forth. As seen in the survey results, the participants have strong desire for fun and enjoyment through leports-fishing activities. The proportion of people participating in one or two times a year amounts to 40 percent. Most coastal places visited are close to medium/large cities and two-days leports-fishing/ tourism accounts for some 77 percent. However, it is shown that conflicts between leports-fishing participants and fishermen are not serious. The results of expenditure function estimation appear that the elasticity of per capita income is very high with 1.2660 and that there are negative relationships between leports-fishing expenditure and transportation/food/lodging costs. Assuming the economic growth rate of 4 percent, it is anticipated that Korean leports-fishing population will increase to 3.18 million in 2010 and 4.07 million in 2015. Korean leports-fishing market potential in 2015, which is calculated based on per capita expenditure on leports-fishing appeared to be 1,400 billion won$\sim$1,600 billion won. The contribution of such market potential is expected to be 62.3$\sim$74.2 percent(934.5 billion won$\sim$111.3 billion won) to the fishing households.

• Journal of Fisheries and Marine Sciences Education
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• v.19 no.2
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• pp.180-196
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• 2007

This study aims at analyzing the potential of leports-fishing for improving fishing household income. Leports-fishing is a composite concept which is combined with those of leisure, sports and fishing. Korean on-shore resources have also a composite characteristic. The properties of the east, west and south coastal waters are quite different in geography, biology and ecology. There is a array of leports-fishing development potentials of utilizing their characteristics. At present, angling forms a main activity of leports-fishing, but coastal seas would be an emerging space for the public. In order for them to be a ground of fun, enjoyment and festivals, it would be necessary to supply a wide range of activities and facilities including angling, scuba diving, fish barbecue, ecological experience, fishing experience, cruise, and so forth. As seen in the survey results, the participants have strong desire for fun and enjoyment through leports-fishing activities. The proportion of people participating in one or two times a year amounts to 40 percent. Most coastal places visited are close to medium/large cities and two-days leports-fishing/tourism accounts for some 77 percent. However, it turned out that conflicts between leports-fishing participants and fishermen are not serious. The results of expenditure function estimation appear that the elasticity of per capita income is very high with 1.2660 and that there are negative relationships between leports-fishing expenditure and transportation/food/lodging costs. Assuming the annual national economic growth rate of 4 percent, it is anticipated that Korean leports-fishing population will increase to 3.18 million in 2010 and 4.07 million in 2015. Korean leports-fishing market potential in 2015, which is calculated based on per capita expenditure on leports-fishing, appears to amount to 1,400 billion won~1,600 billion won. The contribution of such market potential to the fishing households is expected to be 62.3~74.2 percent(934.5 billion won~111.3 billion won).

• Journal of Korean Physical Therapy Science
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• v.15 no.1
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• pp.21-28
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• 2008

The purposes of this study are to quantify energy expenditure by measuring oxygen consumption while performing occupational therapy activities most commonly used for adult hemiplegia patients, to recommend a optimal dosage of exercise by comparing energy expenditure according to the recovery stage, and to suggest a precaution in the treatment of patients with cardiac disorders. According to Brunnstrom recovery stages in hand function, subjects were allocated to group I(3rd and 4th Brunnstrom recovery stages) and group II(5th and 6th Brunnstrom recovery stages). Outcome measures included oxygen consumption, energy expenditure rate, and heart rate during each activity and in recovery period after the activity. Occupational activities including sanding activity, putty activity, and skateboard activity were carried out for all patients. In sanding and putty activities, there were significant differences of oxygen consumption and energy expenditure during the activity between groupⅠandⅡ(p<0.05), but there were not significant differences of oxygen consumption, energy expenditure and heart rate in the recovery period(p>0.05). In skateboard activity, there were no significant differences in oxygen consumption, energy expenditure and heart rates between the two groups during the activity and in the recovery period(p>0.05). The findings indicates that cardiovascular demands for basic activities usually peformed for a treatment may be depended on the physical recovery of patients with hemiplegia. Therefore, therapeutic activities for patients should be selected with the great care.