• Title/Summary/Keyword: limited income

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A Study on the Influence of Elderly Household Characteristics on Housing Consumption according to Public Pension Receipt (중·고령자 가구의 소득의 특성이 주택소비규모에 미치는 영향: 공적연금수령유무를 중심으로)

  • Jung, Sang Joon;Lee, Chang Moo;Shin, Hye Young
    • Korea Real Estate Review
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    • v.28 no.1
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    • pp.105-114
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    • 2018
  • According to Statistics Korea, South Korea has entered the realm of the "aging society" with the rapid development of the country's population. Researchers anticipate that the extremely high (73%) ratio of real estate property to total assets for mid-age to aged households in South Korea that do not have a fixed income may cause serious problems in the future. For example, the real estate market in South Korea may be bombarded with properties listed for sale, causing the average property price to drop due to the abundant supply. Although this prediction may be reasonable, this concept has excluded the idea of pension (which is crucial as it can be considered a consistent and fixed income) due to the limited amount of available data thereon; as such, it is important to include this factor to improve the pertinent research. Thus, this research was conducted using the data from the $3^{rd}$ and $5^{th}$ Korea Retirement and Income Study. For the study results, it was found that variables such as net asset, gender, education, and number of family members have the same impact as that found in the previous studies. To extend from here, two new factors were introduced: the existence of pensions and the amount of pension received by a household. From there, it was found that the existence of a consistent and fixed income such as a pension has led to an increase in housing consumption, the area of interest of the authors.

A Macro Analysis of Technology Billionaires : A Retrospective Approach of Technology Commercialization (기술업 억만장자 거시분석 : 거꾸로 보는 기술사업화 관점에서)

  • Kim, Moonhwan;Seol, Sung-Soo
    • Journal of Korea Technology Innovation Society
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    • v.21 no.4
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    • pp.1606-1632
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    • 2018
  • This study analyzes the technology billionaires with the combination of technology commercialization studies and billionaire research. However, we will not discuss individual billionaires, but discuss the general features of technology billionaires. This study assumes that the answers to the technology commercialization studies are in the technology billionaire researches. In other words, unlike the technology commercialization studies so far, it can be said that it is a retrospective approach of technology commercialization to see the process and the beginning from the result. The conclusion of this study is as follows. First, technology billionaires are in the middle rank among industries, but their wealth is the best. Second, in the technology sector, four 20s are self-made billionaires. It is a matter of securing technological opportunities, not a long training and preparation. Third, the determinants of technology billionaires are population size and venture capital investment. This means technological efforts and sufficient market conditions are the basis for the development of technology billionaires. Fourth, only high income is not the determinant of technology billionaires. There are many small countries that are very rich but can not utilize technology. Technology billionaires can appear in countries with a minimum of US $ 20,000, unless the country has a huge population such as China and India. Sixth, technology billionaires in the diversified business, classified as Chaebol in low-income countries become scarce in the countries over the US $ 40,000. Billionaires will increase rapidly from the mid-2000s. However, this is not explained by the income increase effect. The world's income increase has been slowing since the 1980s. The market economy effect of the socialist countries is not the reason, because it is limited to some socialist countries. Ultimately, the main reason is the new technology opportunity called the IT paradigm.

A Study on Health Status by Social-economic Status of Middle-aged and Elderly (중고령자의 사회경제적 지위에 따른 건강수준 연구)

  • Seo, Yeon Sook
    • 한국노년학
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    • v.31 no.4
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    • pp.1135-1153
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    • 2011
  • The study aims to examine the interaction of socio-economic status in education and income in the difference of the level of subjective health, physical health, and mental health of middle-age and the elderly of Korea. While there have been various discussions in precedent study with respect to the serious increase in the number of dependent life alongside with increasing elderly population, research on the health level according to socio-economic status is highly limited, and also how the health level of middle-age and the elderly - whom will arrive at senescence in just a few years - is different. The study aims at analyzing the health level by hierarchy and age based on data targeting the whole nation. As for analysis data, the study utilized 1st Korean Longitudinal Study of Ageing (KLoSA) implemented by Korea Labor Institute, and carried out a path analysis to verify whether income and academic background serve as a parameter to the level of subjective health, physical health, and mental health. As a result, while the subjective health level decreases, the study confirmed an increase in chronic diseases, and extremely low level of mental health when people in middle-age enter the elderly. In addition, the higher the education and income, the more the health levels both on middle-age and the elderly; the result suggests that education background and income have mediated effects in all health level of middle-age and the elderly.

Institutional Constraints to Innovation: Artisan Clusters in Rural India

  • Das, Keshab
    • Asian Journal of Innovation and Policy
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    • v.4 no.2
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    • pp.132-153
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    • 2015
  • Rural enterprise clusters in India have often been characterized by low-end products, poor income earning options and a near-absence of innovativeness. This has implied limited market access, inadequate organization of production and distancing from sources of formal knowledge. Policy neglect of rural industrialization notwithstanding this paper explores the nature of institutional constraints to innovation through intensive case studies of five rural artisan clusters (handlooms and handicrafts) in as many Indian states. Whether it relates to access to loan finance or technology support or linking to markets, the formal institutions (public or private) have been distanced by informality that typifies most rural enterprise clusters. An obsession with a sectoral approach to cluster development has negated addressing infirmities of the space of enterprise, even as scope for learning from some Asian economies in rural enterprise promotion exists. The paper also enquires if the innovation systems have been inclusive and pro-poor.

A Breakeven Analysis Using the Excel for an Engineering Project (Excel을 이용한 공학적 투자사업의 손익분기점분석)

  • Kim, Jin-Wook;Lee, Hyun-Ju;Kim, Jin
    • IE interfaces
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    • v.15 no.3
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    • pp.279-285
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    • 2002
  • A break-even analysis is a method used widely for profit planning or decisions in most companies. It is useful tool in financial studies because it is simple and offers useful insights from a modest amount of data. Although it is widely used, it has some weaknesses. It is limited in particular to the analysis for a short term time horizon or one period. We suggest a new break-even procedure to analyze projects with a long term time horizon as keeping the simplicity of a conventional break-even analysis. We will make efforts doing to include actual data for a cost or an income as much as possible rather than developing a mathematical model to improve unreality of a traditional break-even analysis. Also, we will use the spreadsheet software to solve problems.

Resources and Sustainable Development in Korea

  • Kim, ByungWoo
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2010.05a
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    • pp.3-14
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    • 2010
  • Through time-series plots, we can see relatively stable trend of energy factor share and the decreasing trend of relative energy prices (to wages) in Korea. We can compromise these empirical facts with the following explanation: if elasticity of substitution between capital and energy is smaller than one(<1) in Korea, a change(decrease) in energy price can prevent income share of resources from rising in the process of economic growth. This is consistent with theoretical and empirical results that substitution between energy and capital is so difficult. From simple empirical analysis and limited information, we can carefully infer that, in the past in Korea, resource-specific innovation was performed widely. Finally, If we are to reduce the magnitude of "growth drag", we should decrease energy factor share. This can be accomplished by energy-augmenting technical progress in the case of elasticity of substitution less than 1 as in Korea.

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An Approach for Enhancing Aviation Service Satisfaction based on Collaborative Filtering

  • Kim, Mi-Yeon
    • Journal of Multimedia Information System
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    • v.5 no.1
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    • pp.21-26
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    • 2018
  • Recently, data analysis technology through artificial intelligence is attracting major attention in various industrial fields. In addition, with the increase in personal income, nowadays, the importance of heterogeneous leisure life is becoming more prominent. However, there is a problem that the tourism industry is not out of the traditional service framework. For the ultimate development of the tourism industry, it is time to provide more scientific and systematic tourism services. In this paper, various data analysis techniques in the field of computer science are applied to the field of tourism to realize next generation tourism services. To this end, the scope of this study is limited to the aviation service, and a natural ecosystem of the aviation industry for future-oriented services of aviation tourism that can improve the efficiency of aviation service gradually is established. The proposed method effectively solves the problems of traditional aviation services through data analysis techniques with artificial intelligence techniques in computer science. We expect that it will enhance the customized satisfaction of customers through personalized service and foster loyal customers in aviation companies through the method proposed.

The Potential to Upgrade the Thai Innovation System by University- industry Linkages

  • Schiller Daniel
    • Journal of Technology Innovation
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    • v.14 no.2
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    • pp.67-91
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    • 2006
  • This paper discusses the potential to upgrade the Thai innovation system by university-industry linkages. Our results are structured into three parts. First, the identification of potentials for university-industry linkages (UIL) within the Thai innovation system shows that the re is a wide gap between absorptive capacities of private companies and knowledge production of universities. Second, we present survey results for individual departments at Thai universities showing that UIL are mostly limited to consulting and technical services, hampered by mutual distrust, and maintained to receive an extra personal income. Third, case studies on four typical modes of UIL allow us to discuss various ways to upgrade the Thai IS by UIL in future.

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A Study on Consumer Behavior of the Oriental Students Regarding Clothing purchase at Texas State of The United States (재미 동 남부 아시아계 유학생의 의류구매 행동에 관한 연구)

  • 계선자
    • Journal of Families and Better Life
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    • v.3 no.1
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    • pp.35-49
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    • 1985
  • The Purpose of the study is to identify some factors affecting the consumer behavior of the Oriental students in the United States and provide some basic information for desirable consumer skills. The ninety subjects ere collected form the Oriental groups who were studying in Denton, Texas, U.S.A. Data were analyzed by frequency, percentage, mean, X2-test. The results are as follows: 1) There are significant similarities in the consumer behavior of the Oriental students regarding the information source, the preferred type of clothing, the factors affecting the choice of retail store, and the satisfaction after the clothing purchase. 2) There are some differences in the consumer behavior among three groups regarding expenditures of the purchase of clothing and the preferred choice of retail store. This study concludes that the Oriental students tend to: 1) adjust their life style to new situation ; 2) avoid their conflicts dur to the language barrier; 3) have a limited income to stay in the USA; and 4) have their own social acceptability based on their nationality.

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Studies on the Actual Status of Production, Management and Export of Traditional Food Processing Company in Kyungpook Province (경북 지역 전통식품 가공업체의 생산.경영 및 수출실태 연구)

  • Lee, Ho-Cheol;Yun, Jin-Suk;Mun, Gwang-Deok
    • Food Science and Preservation
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    • v.4 no.2
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    • pp.197-213
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    • 1997
  • The actual status of production, management and export of 96 traditional food processing companies which supported by the government in Kyungpook province were investigated. Governmental support contributed to the increase of farmhouse income, employment and depreciation of agricultural products a bit, but it was supported mostly to unexperienced party. Technologies for food processing developed in institute and college were little. 42 percent of packaging design was developed by service commission, but the agency was very limited. Total export price in 1996 was 2.3 billion Won, but it was decreased in 1997. The responce to the prospect of traditional food processing work, 37.5 percent replied that this work can bring up as exportable product, but ambiguious response was a little. To settle a weakness of farming food processing work, the establishment of special marketing comapny was required and this company should accomplish marketing advertizing and exporting business.

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