• Korea Trade Review
• /
• v.44 no.2
• /
• pp.269-282
• /
• 2019

This study analyzes the effects of participation in the global production network on the income inequality using panel data from 2005 to 2016 for 63 countries. In this study were used fixed effects model with autocorrelation, random effect model with autocorrelation and the GLS method. Results are as follows: First, the economic development level supports the Kuznets hypothesis. And then, the forward participation in global value chains increased income inequality, and the backward participation decreased income inequality. In order to derive more detailed estimation results, we analyzed OECD countries and non-OECD countries. First, OECD countries featured decreased, but increased beyond a certain level as a U-shaped curve, that did not support the Kuznets hypothesis. In contrast, non-OECD countries followed the Kuznets U-curve. Second, participation in the global production network showed that both OECD and non-OECD countries featured increased income inequality. In contrast, backward participation appears to mitigate income inequality both in OECD and non-OECD countries. Finally, the ratio of labor and capital is significant in mitigating income inequality in non-OECD countries in which they feature backward participation in production networks. This can be interpreted as developing economies participate in the global production network due to increased capital accumulation and increased the labor productivity.

• Bulletin of the Korean Mathematical Society
• /
• v.50 no.1
• /
• pp.275-283
• /
• 2013

In this paper we investigate an initial boundary value problem of a logarithmic wave equation. We establish the global existence of weak solutions to the problem by using Galerkin method, logarithmic Sobolev inequality and compactness theorem.

• 제어로봇시스템학회:학술대회논문집
• /
• 1996.10a
• /
• pp.69-72
• /
• 1996

This paper considers a global resolution of kinematic redundancy under inequality constraints as a constrained optimal control. In this formulation, joint limits and obstacles are regarded as state variable inequality constraints, and joint velocity limits as control variable inequality constraints. Necessary and sufficient conditions are derived by using Pontryagin's minimum principle and penalty function method. These conditions leads to a two-point boundary-value problem (TPBVP) with natural, periodic and inequality boundary conditions. In order to solve the TPBVP and to find a global minimum, a numerical algorithm, named two-stage algorithm, is presented. Given initial joint pose, the first stage finds the optimal joint trajectory and its corresponding minimum performance cost. The second stage searches for the optimal initial joint pose with globally minimum cost in the self-motion manifold. The effectiveness of the proposed algorithm is demonstrated through a simulation with a 3-dof planar redundant manipulator.

• Nonlinear Functional Analysis and Applications
• /
• v.29 no.1
• /
• pp.15-33
• /
• 2024

In this article, we considered a class of nonlinear variational hemivariational inequality problems and investigated a gap function and regularized gap function for the problems. We discussed the global error bounds for such inequalities in terms of gap function and regularized gap functions by utilizing the Clarke generalized gradient, relaxed monotonicity, and relaxed Lipschitz continuous mappings. Finally, as applications, we addressed an application to non-stationary non-smooth semi-permeability problems.

• Journal of Digital Convergence
• /
• v.17 no.1
• /
• pp.55-62
• /
• 2019

This study analyzed the relationship between housing price, purchase price, Gini coefficient, interest rate, and the employment, considering that the change in housing price was an important factor influencing macroeconomic variables and income inequality. The panel VAR model was constructed considering the panel data, and the Granger causality, Impulse response and Variance dispersion analysis were performed. As a result, when compared to before and after the global financial crisis, it was shown that the rent price had an effect on income inequality, but in the following period, both the rent price and the selling price affected the income inequality. And that it has a large impact on inequality. In addition, the causality between income inequality and employment rate, interest rate, and tax rate was confirmed. Therefore, it is expected that it will be a desirable policy to mitigate income inequality considering the influence of policy variables for economic activation including government real estate policy.

• Korean Journal of Labor Studies
• /
• v.24 no.3
• /
• pp.1-34
• /
• 2018

This paper attempts to provide a new theoretical approach and an empirical analysis based on it to interrogate the structure of household income inequality and its changes in South Korea in the 2010s. Previous research on inequality in sociology, labor economics and feminism has focused on local inequalities which derive from specific spaces of society. For a comprehensive understanding of social inequality in totality, it requires a discussion of global inequality beyond local inequalities. Thus, a synthetic approach that integrates local inequalities, encompassing class, the labor market, population, and family. By using regression-based inequality decomposition, we decompose the contribution of gender, level of education, employment status, occupation, household composition and wealth to household income inequality. This paper shows that household and wealth, as well as the factors discussed in the previous research, are significant factors affecting household income inequality in South Korea.

• Bulletin of the Korean Mathematical Society
• /
• v.49 no.6
• /
• pp.1193-1198
• /
• 2012

By constructing suitable Lyapunov functionals and combining with matrix inequality technique, a new simple sufficient condition is presented for the global asymptotic stability of the Cohen-Grossberg neural network models. The condition contains and improves some of the previous results in the earlier references.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.13 no.3
• /
• pp.1-12
• /
• 2018

This study attempts to identify the relationship between inequality and entrepreneurship activities and to provide theoretical and policy implications. To do this, we use the Global Entrepreneurship Monitor (GEM), which is a survey of entrepreneurial activities at the national level, the World Income Inequality Database (WIID), and the World Bank survey data. The analysis shows entrepreneurial activities are relatively high in countries with high level of inequality. We also find GDP moderates the relationship between inequality and entrepreneurial activity. In addition, as expected, necessity entrepreneurship prevails in low income group while opportunity entrepreneurship is dominant in high income group. The study illustrates potential venue for research of entrepreneurship and inequality, whiles calls for broader studies and scrutiny.

• Journal of Korea Trade
• /
• v.24 no.4
• /
• pp.18-33
• /
• 2020

Purpose - This paper investigated the effect of international trade affects income inequality. It also compares the different effects between developing and developed countries over the period from 2005 to 2014 for 58 countries. Design/methodology - The econometric estimation was used to identify the relationship between export, import, FDI, GDP, unemployment and income inequality. In this empirical analysis, we utilized a Vector Error Correction (VEC) model using panel data. Findings - The findings show that there is a close correlated between trade and income inequality. The higher export ratio of GDP tends to have a 1.79 times more income inequality in developing countries than in developed countries. The higher import ratio of GDP tends to have a 2.44 times higher income inequality in developing countries than in developed countries. Further, Increasing FDI tend to have an approximately 1.43 times higher income inequality in developing countries than in developed countries. Korea is in the middle of developed and developing countries' result. Originality/value - To correct the global income inequality regarding trade, developed countries' proactive trade policies, such as granting preferential tariff benefits to developing countries, are likely to be needed and Income Safety Net in international trade must be taken into account.

• Journal of the Korean Mathematical Society
• /
• v.53 no.4
• /
• pp.769-780
• /
• 2016

In this paper, we first prove some Liouville type theorems for elliptic inequalities on weighted manifolds which support a weighted Sobolev-type inequality. Secondly, applying the Liouville type theorems to self-shrinkers, we obtain some global rigidity theorems.