• Title/Summary/Keyword: implications on government policy

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The Econometric Evaluation of the Impact of R&D Incentive on Technological Outcomes (R&D지원정책이 기술성과에 미치는 영향분석)

  • Lee, Johng-Ihl;Kim, Chan-Jun
    • Journal of Korea Technology Innovation Society
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    • v.10 no.1
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    • pp.1-21
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    • 2007
  • Among numerous policy influencers' and researchers' advices and policy suggestions, there is little opposition to the proposition that technology is essential to the economic development. The role of technology has never been more emphasized than today in Korea as in any other countries. The effects of the government's innovation policy on corporate R&D activities and more broadly the economic welfare of a whole nation are widely recognized with intuitional and empirical evidence. That is, various R&D incentives reduce the marginal cost of a firm's R&D efforts, inducing as much increase of its R&D investment to result in a better chance to acquire target technology. This paper examines the impact of R&D incentives on the technological outcomes by analyzing individual firms' investment behaviors subject to the government's R&D incentive policies. An econometric model of technological outcomes is estimated on a project level with cross-sectional data. "Probit model" is employed for estimations. Special attention was given to the effectiveness of R&D programs by estimating policy impact by types of investment. The data were collected from 928 different R&D projects completed between 1987 and 1993. With the single equation approach, we were able to find that the structure of investment is a far more significant factor in technological outcomes than the total amount of investment. The analysis also shows that the two types of firms' matching investment, in-kind and cash, do not bear a complementary, but a substitutive relations to each other. It also reconfirms the proposition that R&D incentives increase firm's financial investment. Despite many supportive studies emphasizing the cooperation between innovation performers, it is also found that the larger the number of institutions involved in a project, the less likely it leads to a technological success, And meeting the proposed deadlines without postponing is estimated to be a good barometer to predict the outcome of an R&D project. Also the probabilities of success for major variables are represented for policy implications, after calculating marginal effects.

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Analysis of Gender Chapters in Five Free Trade Agreements and Its Lessons for Korea

  • Ko, Bomin
    • Journal of Korea Trade
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    • v.24 no.6
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    • pp.82-100
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    • 2020
  • Purpose - This paper attempts to compare five free trade agreements with gender chapters ratified by Chile and Canada and derives lessons for Korea in terms of gender-aware trade policy. While Chile and Canada have three and two FTAs with gender chapter respectively, Korea has none so far, although it has already ratified an FTA with the two countries. Design/methodology - This study first investigates all the gender-provisions with the gender chapters, conducts a comparative analysis on the five chapters as well as a case study of one target FTA's implementation and achievements, and finally suggests policy implications for Korea's trade administration as well as trade-related agencies. Findings - According to the analysis, there are three phases in terms of advancement in gender-related trade policy. As Chile is in phase two and Canada is in phase three, Korea remains in phase one. It has a ministry related to gender within the government, but not within the OMT. It has statistics on female business, but not of women traders. It has a few gender-related provisions in its FTAs, but not a gender chapter. In this sense, new mandates related to gender-aware trade policy for OMT, KITA, and KOTRA should be provided to realize the concrete economic benefits resulting from empowering women traders and policies promoting them. Originality/value - Existing studies only focus on introducing gender-related international commitments and Korea's participation in them. This paper is the first attempt to compare actual gender chapters of five FTAs ratified by two countries with the most advanced gender chapters in the world. To gain benefits from the positive gender impact of trade agreements, negotiating and signing gender responsive FTA with future partners is one of the most efficient, as well as inclusive, trade policies urgently needed for Korea.

Determinants of Debt Ratio in Public Institutions

  • Jang, Ji-Kyung
    • Journal of the Korea Society of Computer and Information
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    • v.25 no.12
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    • pp.333-339
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    • 2020
  • This study investigated the determinants of debt ratio in public institutions. For this purpose, we analyzed the impact of external and internal factors on debt ratio. In this paper, external factors included government grants and deficits compensation, and internal factors included inefficient management. The results of this study are as follows. First, we find that there is a significant positive relation between government grants and debt ratio. This result means that the higher government grants, the higher debt ratio. Second, we also find that there is a significant positive relation between deficits compensation and debt ratio. This implies that the institutions subject to deficits compensation have higher debt ratio. Third, we can not find a significant relation between welfare benefit and debt ratio. This finding implies that inefficient management is not a factor on debt ratio of public institutions. The results documented in this paper provide important policy implications for investigating the determinants of debt ration in public institutions.

A Study on Factors Related to Individuals' Corruption Behaviors (개인의 부정부패 행위 실행에 미치는 영향요인)

  • Kim, Heungtae;Lee, Chang-Bae;Shim, Hyunjung
    • Korean Security Journal
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    • no.56
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    • pp.125-144
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    • 2018
  • Despite anti-corruption has been one of the major governmental tasks in Korea, anti-corruption policies have been focused largely on government officials in public sectors, and most of the prior studies have examined government employees not public citizens. In order to fill the vacuum in the literature, this study aims to develop evidence-based anti-corruption policies via a survey of people in various job categories for the relationship between their experiences of any corruption and related factors. Researchers analyzed a secondary data gathered by the Korean Institute of Public Administration, which included a sample of 1,000 adults aged over 19. The results showed that indirect experiences of corruption and interaction with the corrupted were positively related to individuals' corruption behaviors. In addition, their perception towards low- and mid-ranking officials were statistically signifiant in explaining the corruption behavior. Thus, policy-makers should consider focusing on indirect experiences of corruption, interaction with the corrupted, and perception towards low- and mid-ranking officials. This study contributed as an attempt to suggest policy implications and further research ideas by examining factors related to individuals' corruption behaviors.

Theoretical Analysis on Optimal SOC Investment in Urban Planning (도시계획관련 사회간접자본 투자의 적정성 분석을 위한 이론적 고찰)

  • 박재홍
    • Journal of the Korean Regional Science Association
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    • v.10 no.2
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    • pp.45-51
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    • 1994
  • The purpose of this paper is to present the optimal investment conditions of SOC facilities for maximizing regional social welfare in implementing the urban development project in the theoretical fashion. Particularily, SOC facilities are divided into both supply-side($P_s$) and demand-side SOC ($P_d$) in the paper. General equilibrium analysis from the intra-regional viewpoint by utilizing Pareto's Optimal Conditions and by revising Samuleson's Conditions for public goods($P_s$ and $P_d$) results in the optimum pattern of SOC investment. The following are important implications from the analysis. First, rather than the pursue social equity, SOC investment is to resolve the issue of efficiency to activate the regional economy. Second, the marginal rate of transformation (MRT) between $P_s$ and $P_d$ in the region is to play a significant role in structuring SOC investment plant of local government for social welfare maximization. Third, the optimal SOC investment policy based on this regional economy but also to generate the enhancement of soical amenities of the residents.

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The Effect of Internet Use on the Changes in Family Systems

  • Lee Hyunah;Lee Kiyoung
    • International Journal of Human Ecology
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    • v.5 no.2
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    • pp.61-80
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    • 2004
  • The introduction of the Internet in homes had an effect on family systems. The purpose of this study is to investigate the changes in family systems due to Internet use in South Korea. This study classified the types of changes in the family systems and analyzes the characteristics of each type. Systems approach provides the theoretical framework for this study. First, the cluster analysis demonstrated the three types of the changes in the family subsystems due to housewives' Internet use: 'positive changes', 'negative changes', and 'no changes'. Second, there are different characteristics among the types of changes according to demographic, Internet-related, and intra-system dynamic factors. These results suggest several implications for public policy. To utilize the Internet as a useful tool to improve the quality of family life, housewives must have the ability to control the Internet use and to manage their resources. In order to enhance their abilities of using the Internet, it may be necessary for the government to provide public educational programs for housewives.

A Study on International Marketing Strategies for Korean Traditional Food (한국전통식품의 국제마케팅 전략에 관한 연구 - 미국시장을 대상으로 -)

  • Khoe, Kyung-Il;Rowe, Sung-Jae;Lim, Hyo-Chang
    • International Commerce and Information Review
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    • v.9 no.2
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    • pp.375-397
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    • 2007
  • This paper aims to develop international marketing strategies for Korean traditional food and gives some implications to firms that are ready to invest in developed countries with Korean traditional food and to the government that needs to make a policy to support the food industry in international marketing. For this, we researched data and studied domestic and international cases. Also, we extracted two common factors(namely product factor and image factor) through fourteen variables by factor analysis and tested whether both factors significantly influence on the success of international marketing(favorable impression). As a results, we found several key success factors(KSF), including both factors mentioned above and developed international marketing strategies for Korean traditional food reflecting these key success factors.

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Evaluation of Urban Growth Management Policy using Urban Dynamics Model (도시동태모형을 이용한 도시성장관리정책의 평가)

  • 문태훈
    • Korean System Dynamics Review
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    • v.3 no.2
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    • pp.5-27
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    • 2002
  • This paper evaluate and compare effectiveness of urban growth management measures in Korea using system dynamics model. Simple urban dynamics model was used to compare urban growth management measures. Since the late 1960s, Korean government has been implementing various urban growth management measures without much success. In the 1960s, factories, universities, and public agencies were strongly encouraged to move out to local areas. During the 1970s, regulations on greenbelt area was adopted to prevent urban sprawl. Besides, regulations to prevent location of population inducing facilities, and promoting dislocation of those facilities were implemented simultaneously. During the 1990, regulations on total number of factories in the metropolitan area, development fees were adopted. These various method of urban management were compared. Simulation results shows that promoting decentralization of population, preventing population immigration, expanding greenbelt area are effectiveness ones compared to controlling total number of population inducing facilities, and preventing construction of new industries. Some implications of the findings were discussed.

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The exporter's attitude on the coordination of agro-food export in Korea (농식품 수출조직화 방안에 대한 수출업체 의식 연구)

  • Kim, Kyung-Phil;An, Kwang-Hwan
    • Korean Journal of Agricultural Science
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    • v.39 no.2
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    • pp.307-313
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    • 2012
  • The purpose of this study is to provide basic information on exporter's coordination methods from the attitude of agro-food exporters. The implications are; Firstly, most of exporters believe that the agro-food export raises farmer's competitiveness rather than it does the farmhouse's income increase. Secondly, The stabilization of the farm-gain income by exporting agricultural products are most important in order to reinforce the cohesion between farmers and exporters. Thirdly, the exporters intend to participate in establishing and operating a large-scale producers' organization and marketing company under export polices. So, it is necessary that the government drive to coordinate the exporters and producers.

A Comparative Study on Policies Related To Trust Services in e-Business (전자상거래 신뢰서비스를 활성화시키기 위한 선진국들의 정책에 관한 비교 연구)

  • Lee, Jung-Woo;Lee, Jong-Sung
    • Journal of Digital Convergence
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    • v.1 no.1
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    • pp.213-234
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    • 2003
  • "Trust" becomes a focal issue in e-business. Unlike traditional business environment, virtual situation requires new trust-ensuring mechanism other than face-to-face meetings and other related means of confirmation. Many countries are trying to foster trust services industry in order to increase e-business transactions and activities. This paper compares and contrasts these countries' policies on trust services. Conclusions of this comparative research includes: (1) trust services industry will be tightly integrated horizontally and increase their scope vertically towards trust in business sense over and beyond the mere technical level trust, (2) necessity of reciprocal trust authentication exchange is calling for an international standard in a near future, and (3) two different types of policies are under development: government-led and industry-led. Advantages and disadvantages of different approaches are presented with details of legal implications and structures of operations.

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