• Title/Summary/Keyword: institutional complementarity

Search Result 15, Processing Time 0.022 seconds

Institutional Complementarity and Diversity of Innovation System (제도간 보완성과 기술혁신시스템의 다양성)

  • Seo, Hwan-Ju
    • Journal of Technology Innovation
    • /
    • v.13 no.1
    • /
    • pp.91-111
    • /
    • 2005
  • This paper aims to make a brief survey of the main concepts and theoretical frameworks proposed by Comparative Institutional Analysis. The main concepts to be discussed are 'institutional complementarity', 'diversity', 'system' and 'institutional hierarchy'. This paper also analyzes the recent evolution of U.S national innovation system using these concepts.

  • PDF

Labour Market institutions, Wage Dispersion, and Social Policy (노동시장 제도, 임금분산, 그리고 복지정책)

  • Hong, Kyung-Zoon
    • Korean Journal of Social Welfare
    • /
    • v.59 no.4
    • /
    • pp.297-317
    • /
    • 2007
  • In this article, I want to demonstrate wage equality increases support for welfare expenditures while the wage equality depends on how labour market institutions are organized. In other words, this study tries to show that there can be institutional complementarity between inequality-reducing labour market institutions and generous social policy. In the first section, I develop a theoretical models which deal(1) how the inequality of income affects the political support for welfare expenditure(2) how the configurations of labour market institutions affect income inequality in the labour market. In the following section, this study tests the models with data on welfare spending, configurations of labour market institutions, and the inequality of wage and salaries in 14 welfare states from 1980 to 1995. Empirical analysis also provides support for key implications of the models. These models and empirical findings may show that the institutional complementarity stems from the interdependence of institutional influences on actors' decision-making. Moreover, this study suggests welfare policy are always considered with labour market institutions.

  • PDF

Strategic Portfolio Building in Donors' Multilateral Institutional Choice

  • Han, Baran
    • East Asian Economic Review
    • /
    • v.25 no.4
    • /
    • pp.339-360
    • /
    • 2021
  • More donors are formally assessing their multilateral aid disbursement policies as well as the multilateral institutions that they contribute to. Analyzing OECD Creditor Reporting System data from 2011 to 2019 of 23 donors and 34 multilateral organizations, we find evidence of institutional portfolio building of donors to align multilateral and bilateral aid channels. Such tendency is more pronounced for core-funding than multi-bi funding and much stronger at the recipient country level than at the sectoral level. Smaller donors that operate from a limited multilateral budget show greater preferences for geographical similarity. When donors give to institutions with sectoral specialization, they seek sectoral similarity with their bilateral aid.

A Comparative Study on the Institutional Complementarities in Coordination of the sphere of Distribution and Production: Focus on the Determinants of Income Inequality (분배조정과 생산조정의 제도적 상보성에 관한 비교사회정책연구: 소득 불평등에 미친 영향을 중심으로)

  • Baek, Seung-Ho
    • Korean Journal of Social Welfare
    • /
    • v.57 no.4
    • /
    • pp.91-118
    • /
    • 2005
  • This paper examines the impact of the institutional complementarity between welfare regimes and production regimes on income inequality. Using comparative welfare data by various sources for 14 OECD nations from 1980 to 1997, this paper attempts to answer two questions. First, is there a institutional complementary in regulatory process between distribution and production? Second, if it is correct, what kind of causal structure do we predict? Panel Corrected Standard Errors(PCSE) model, a data analysis method in pooled cross-sectional time-series, is employed to examine the interaction effects between the two variables: coordination in the sphere of distribution; coordination in the sphere of production The evidence suggest that there are powerful interaction effects between distributive coordination and production coordination and that the institutional complementary has effects on income inequality. First, the income inequality effect of coordination in the sphere of distribution becomes less positive(more negative) as coordination in the sphere of production increases. Second, the income inequality effect of coordination in the sphere of production becomes less positive(more negative) as coordination in the sphere of distribution increases.

  • PDF

Market and Shadow Prices in a Pure Consumption Economy With Institutional Price Constraints

  • Kim, Sehun
    • Journal of the Korean Operations Research and Management Science Society
    • /
    • v.10 no.1
    • /
    • pp.31-40
    • /
    • 1985
  • When an economy has institutional price constraints the relationship between market prices and shadow prices is not yet fully investigated. A pure consumption economy is considered where market prices guide the consumption behavior and shadow prices measure the social value of resources. In this case we show that if the utility function is additively separable there exists a complementarity relation between the difference of the market price and the shadow price and the difference of the market price and the regulated upper (or lower) bound.

  • PDF

Institutional Quality, Regulatory Environment and Microeconomic Performance: Evidence from Transition and Non-transition Developing Countries

  • Ochieng, Haggai Kennedy;Park, Bokyeong
    • East Asian Economic Review
    • /
    • v.25 no.3
    • /
    • pp.273-309
    • /
    • 2021
  • The development of regulatory systems varies between transition and non-transition economies. This suggests that they provide different incentives for entrepreneurial development and could have varied effects on the economy because they have different methods to deal with market failure. However, limited empirical evidence exists to prove the assumption of dichotomy. Using comprehensive data for institutional quality, labor market and financial market development, this research sought to analyze their effect on employment growth at micro level. The results show that the quality of institutions in transition economies are poorer relative to those in non-transition economies, but their financial and labor markets are more developed than the latter. Further analysis for the transition sample shows that the three variables are individually positively related with employment growth. For the non-transition sample, institutional quality and labor market flexibility bear a positive and significant effect on employment. Financial market development enters the model with a negative coefficient when regressed alone, but a joint test of significance finds that all the variables have a positive effect on employment growth. This result could imply that there is interdependence between institutional quality, labor flexibility and financial market development in firm-employment-growth relationship, or complementarity between regulations and the quality of institutions. Alternatively, this finding suggests that a stringently regulated credit market in non-transition economies have a selection effect-allocating credit only to entrepreneurs who already demonstrate strong growth potential. In sum, despite differences in the evolution of regulatory environment between the two samples, both of them complement employment growth at firm level. The overall implication of these findings is that less rigid regulations and coherent policies that are enforced with impartiality provide incentives for firms to expand.

Fact and plan on specialist training for social security (사회안전관리에 대한 전문인력 양성실태와 발전방안)

  • Kong, Bae-Wan;Kim, Chang-Ho
    • Korean Security Journal
    • /
    • no.5
    • /
    • pp.5-18
    • /
    • 2002
  • The private security has been one of the fastest growing parts of the law enforcement industry, confronted with mutual coincidence or complementarity. Therefore, the primary factor in order to straighten it up should be bringing op a person, because he or she arranges the private security, based on the society in the end. In addition, it is suggested that further study of technical learning and its practice should be arranged. Because the education for agents undertaking the social security is comprehensive in space and limited in time, it may accompany hardship in arranging its content and curriculum Although this article leaves much to be desired, it has been analyzed end observed if a greater emphasis is placed on ample human resources supply for increased demand on social security in private law enforcement industry through institutional education system. A scientific advancement is expected to be attained in the majors related to the private security, with validity that the continuous studies should be implemented, and a social role of colleges as a specialized institute should be erected.

  • PDF

Why Women Remain Outsiders: A Comparative Study of Labour Market in Korea and Japan (여성은 왜 외부자로 남아 있는가?: 한국과 일본의 여성노동시장 비교연구)

  • Lee, Sophia Seung-yoon;AN, Juyoung;Kim, Yuhwi
    • 한국사회정책
    • /
    • v.23 no.2
    • /
    • pp.201-237
    • /
    • 2016
  • This paper focuses on Korean and Japanese female workers participating in the outside (secondary) labour market, especially with an attention given to two aspects. First, we explain how females are 'more outsiders' than males in the labour market. Secondly, we investigate M-shape in the female labour market participation by focusing on different proportion of non-standard worker. Then, in order to explain why women keep on being more concentrated in the outer side of the labour market, we examine the development of three policies in Korea and Japan since 1990s. Labour market deregulation policy, female employment policy and lastly, family policy are examined as institutional arrangement. Lastly, we discuss on how institutional combination is associated with females' concentration in the outside labour market in Korean and Japanese dual labour market.

The Concept of Extended Industrial Cluster and Its Policy Directions (광역클러스터 개념의 도입과 정책과제)

  • 주성재
    • Journal of the Economic Geographical Society of Korea
    • /
    • v.6 no.2
    • /
    • pp.327-338
    • /
    • 2003
  • The concept of industrial cluster began with the agglomeration economies occurring in a small scale place, which are mainly drawn from intense networking between companies, universities, research centers and other institutional bodies. Recently, however, as cooperation between autonomous administrative units and between industrial clusters has been more active than ever, there has emerged the concept of extended industrial cluster (EIC) and, subsequently, policy measures for nurturing it. This study focuses on the concept of EIC, mainly in the perspective of the need to adopt it into the industrial cluster literature. The study identifies the raison d'etre of EIC in the respects of the flexibility of geographic range, complementarity and cooperation between functions and regions, scale economies and productivity, and the development stage of industrial clusters. It also suggests how to establish the concept of EIC in the Korean context and how to apply EIC policy in the Korean industrial policy.

  • PDF

Comparison and analysis of Marine Officer License System for Fishing Vessels between Republic of Korea and New Zealand (한국과 뉴질랜드 어선 해기사 면허제도 비교 분석)

  • RYU, Kyung-Jin;KIM, Wook-Sung;LEE, Yoo-Won;PARK, Tae-Gun;KIM, Sung-Gi;KIM, Seok-Jae;KANG, II-Kwon;KIM, Hyung-Seok
    • Journal of Fisheries and Marine Sciences Education
    • /
    • v.27 no.5
    • /
    • pp.1265-1272
    • /
    • 2015
  • This study aims at comparison and analyzing of marine officer license system for fishing vessels between South Korea and New Zealand. It is urgently required to establish Republic of Korea-New Zealand mutual certification system for marine officers who are on board ships within applicable area given that New Zealand will force foreign fishing vessels within New Zealand area to reflag from 2016 in accordance with the amendment of Fisheries Act. Secondly, to compare and analyze systems between two countries will contribute to the preparatory work related to ratification STCW-F convention as New Zealand already have completed law amendment to adapt the convention. Maritime law of New Zealand, Seafarers Act and Ship Personnel Act of Republic of Korea were compared and analyzed as references. The result showed that an improvement to corresponding level to the international convention and development of safety training by vessel type, and job descriptions according to the license class are needed to Republic of Korea system. Furthermore, it is suggested to prepare specialized training for deckhands as required in STCW-F convention and standard fishing vessel officer training record for designated institute of education. Therefore institutional complementarity and framework is required as it is expected that the nations of fishing in piscary demand to reflag Korean deep-sea fishing vessels or to ratify the STCW-F convention.