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한국의 서비스화에 대한 연구: Baumol 가설을 중심으로 (A Study on Tertiarization in Korea: Test of Baumol's Hypothesis)

  • 서환주;이영수
    • 한국산학기술학회논문지
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    • 제8권1호
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    • pp.143-150
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    • 2007
  • 본 연구는 우리나라 서비스화의 특징을 분석하기 위하여 서비스화에 대한 유력한 설명인 수요편향가설 및 Baumol 가설을 우리나라 경험과 비교하였다. 이를 위하여 Baumol의 모형을 확장하여 패널 GMM방식으로 고용함수를 추정하였다. 분석결과를 요약하면 다음과 같다. 첫째, Clark의 수요편향가설을 살펴보기 위하여 1인당 GDP증가와 서비스고용간의 상관관계를 살펴본 결과 서비스화에 있어 소득증가가 절대적인 역할을 수행한다는 Clark의 수요편향가설을 우리나라의 경우에도 확인할 수 있었다. 둘째, 서비스화에 있어서 생산성격차를 강조하는 Baumol의 가설은 도소매, 음식 및 숙박서비스를 제외하고 모든 서비스분류에서 확인할 수 있었다. 즉 제조업과 각 서비스산업의 노동생산성격차가 확대될수록 서비스업의 고용이 증가한다는 사실을 우리나라의 경우에도 확인할 수 있었다.

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Does Foreign Direct Investment Promote Skill Upgrading in Developing Countries? Empirical Evidence from Malaysia

  • JAUHARI, Azmafazilah;MOHAMMED, Nafisah
    • The Journal of Asian Finance, Economics and Business
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    • 제8권4호
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    • pp.289-306
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    • 2021
  • This paper aims to investigate how and to what extent FDI impacts the relative demand for skilled labor within firms in the case of developing countries. The analysis uses a sizeable micro-level dataset for Malaysian manufacturing industries using the System-GMM estimators to control the estimations' endogeneity problems. For this purpose, the study uses foreign equity share at the firm level to investigate foreign ownership effects at the firm level and the Horizontal FDI index by Smarzynska Javorcik (2004) to analyze FDI intra-industry linkages influence on the structure of labor demand for Malaysian domestic firms. Our findings indicate that foreign ownership increases the skilled demand within Malaysian manufacturing through the learning process, exclusively for small- and medium-sized firms (SMEs). Conversely for foreign-owned firms, changes in their skilled-labor share do not associate with changes in firm-level foreign equity share. We conclude that foreign ownership per se is not the major contributing factor for skill upgrading in Malaysian manufacturing firms. Furthermore, the competitive pressures caused by foreign firms' presence within the same industry - namely horizontal FDI - has a significant negative spillover effect on the level of skilled-labor share for domestic firms in the Malaysian manufacturing sector within periods of the understudies.

Does Ramzan Effect the Returns and Volatility? Evidence from GCC Share Market

  • ABRO, Asif Ali;UL MUSTAFA, Ahmed Raza;ALI, Mumtaz;NAYYAR, Youaab
    • The Journal of Asian Finance, Economics and Business
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    • 제8권7호
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    • pp.11-19
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    • 2021
  • The study aims to investigate the impact of seasonality in Gulf Cooperation Council (GCC) countries' share market during the month of Ramadan. It helps in finding the opportunities for stock market investors to earn abnormal (returns) gain by investing during Ramadan in GCC stock markets. This study uses stock returns data of GCC countries (Saudi Arabia, Bahrain, Qatar, Kuwait, Dubai, and UAE) from January 2004 to November 2019. Stock prices indexes of GCC stock markets have been obtained from Datastream. The ARCH-GARCH model is used to study the impact of the Ramadan month on the return and volatility of the stock market in GCC countries. The results showed that the Ramadan month has a significant impact on share market prices in Saudi Arabia and the United Arab Emirates. However, Ramadan has an insignificant impact on share market prices in Bahrain and Oman. The study found no evidence of serial correlational between residuals in Kuwait; meaning that stock return was not dependent on the prior stock returns in Kuwait, therefore, we cannot go for forecasting. The ARCH-LM test statistic for Qatar does not fulfill the requirement of a good regression model; therefore, we cannot go for forecasting or testing the hypothesis of Qatar.

Effect of Intangible Assets on the Value Relevance of Accounting Information: Evidence from Emerging Markets

  • AL-ANI, Mawih Kareem;TAWFIK, Omar Ikbal
    • The Journal of Asian Finance, Economics and Business
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    • 제8권2호
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    • pp.387-399
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    • 2021
  • This study mainly aims to examine the effect of intangible assets on the value relevance of the Gulf Cooperation Council (GCC)-listed non-financial firms. This study tested three types of models by using a large sample of non-financial firms listed in GCC countries as emerging markets from 2008 to 2016. The types of models are accounting information (earnings per share and book value of share) without intangible assets model, intangible assets model, and accounting information (earnings per share and book value of share) with intangible assets model. Ordinary least square (OLS) shows mixed results as intangible assets improve the value relevance of accounting information positively in UAE and negatively in Kuwait but not in other countries. The study documents a robust positive relationship between intangible assets and earnings quality in terms of value relevance in KSA and Qatar. The findings provide implications for policymakers, investors, and managers. The results suggest that intangible assets can improve the value relevance in emerging markets, such as GCC, as the need to organize the requirements of information disclosures on intangible assets and provide great transparency and additional disclosure of information about intangible assets and their components.

Traffic management for large-scale evacuation with public transportation and calculation of appropriate operating ratio

  • Ham, Seunghee;Lee, Jun;Lee, Sang Jo
    • Nuclear Engineering and Technology
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    • 제54권9호
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    • pp.3347-3352
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    • 2022
  • In 2013, the International Atomic Energy Agency (IAEA) changed the recommended maximum range of the Emergency Planning Zone (EPZ) to 30 km, and the Kori Nuclear Power Plant in Republic of Korea has also expanded the EPZ to 30 km, following the recommendation. As a result, metropolitan cities with a high population density are contained within the EPZ, and evacuating millions of people should be considered if the 30 km range of evacuation is to take place. This study proposes an evacuation plan using buses (public transportation) to transport people outside of the EPZ, quickly and efficiently. To verify the appropriate mode share ratio of buses that can guarantee the right of vulnerable road users and reduce traffic congestion, a model was built simulating the Kori Nuclear Power Plant in Ulsan Metropolitan City. The scenarios were established by changing the mode share ratio of buses and passenger cars by 10%. Considering a large-scale network analysis at the city level, a cell transmission model was applied to calculate the evacuation time in each scenario. The result shows that the optimal mode share ratio of buses is 40%, with a total evacuation time of 132 min, considering feasible bus fleets in Ulsan Metropolitan City.

An Expanded Website Quality Model in Online Shopping Malls for Developing Satisfaction and Loyalty: The Moderating Effect of Gender

  • Sang Min KIM;Tian JIAQI;Yong-Ki LEE
    • 유통과학연구
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    • 제22권5호
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    • pp.93-104
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    • 2024
  • Purpose: This study used the SORmodel (or cue utilization theory) to examine the impact of expanded quality factorsincluding product quality on customer satisfaction, attitude, and behavioral loyalty. This study examined the moderating effect of gender on the customer satisfaction-attitudinal and behavioral loyalty relationship. Research design, data, and methodology: 364 respondents were collected through an online survey and analyzed using the SmartPLS 4.0 program. Results: The findings show that product quality, along with system quality and service quality, are key determinants of customer satisfaction. In addition, this study shows that the relationship between customer satisfaction and attitudinal loyalty (repurchase and word-of-mouth intention) does not differ depending on gender, but the relationship between customer satisfaction and behavioral loyalty (share-of-visit and share-of-wallet) is stronger for women than for men. Conclusions: This research integrates concepts from environmental psychology and marketing focusing on website quality (information, system, service, and product), as well as satisfaction, attitudinal and behavioral loyalty. Online shopping mall practitioners must systematically analyze and assess the quality of online shopping, a pivotal factor driving customer satisfaction, attitude, and behavioral loyalty. Acknowledging the influence of gender on consumers' online purchasing behavior can aid online retailers in devising tailored e-commerce marketing strategies aimed at attracting and retaining customers.

Determinants of Share Prices of Listed Companies Operating in the Steel Industry: An Empirical Case from Vietnam

  • NGUYEN, Phu Ha;NGUYEN, Phi-Hung;TSAI, Jung-Fa;NGUYEN, Thanh Tam;HO, Van Nguyen;DAO, Trong-Khoi
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.131-138
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    • 2020
  • In accordance with huge demand for capital to meet the expansion of steel production, there are more and more steel companies who have officially listed their stocks in HOSE and HNX. One of the key issues in successful initial public offerings and seasonal offerings for these companies is how to make stocks of steel companies become more attractive in the eyes of investors. The purpose of this research is to analyze the determinants of share prices of listed steel companies in Vietnam. This study utilized macro-economic variables, ratios and indicators representing characteristics of steel industry collected from Quarter 1/2006 to Quarter 4/2019 in association with the panel data and the feasible generalized least square (FGLS) model to evaluate the degree of these factors on the share prices. The results of the research show that ROE, Cons_rate, and CO2_rate are three main factors affecting the share prices of listed steel companies. Among which, ROE and Cons_rate have a positive effect, while CO2_rate has a negative effect on the share prices of listed steel companies. It also confirms the relationship between the environmental factor, construction industry factor and the stock prices. This lays foundations for recommendations for the future policies towards environmental protection and sustainable development.

멀티큐 SSD를 위해 멀티코어 확장성을 제공하는 공정한 입출력 스케줄링 (Multi-core Scalable Fair I/O Scheduling for Multi-queue SSDs)

  • 조민정;강형석;김강희
    • 정보과학회 논문지
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    • 제44권5호
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    • pp.469-475
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    • 2017
  • 최근에 제안된 NVMe 기반의 멀티큐 SSD는 여러 개의 코어들이 전담 큐들을 통해 병렬적으로 입출력을 수행함으로써 높은 SSD 대역폭을 제공한다. 이러한 멀티큐 SSD에 대해서 입출력 응용마다 대역폭 지분을 제공하기 위해서는 각 코어에게 대역폭 지분을 제공하는 것이 요구되며, 이를 위한 공정지분 스케줄링이 필요하다. 본 논문은 멀티큐 SSD를 위해 멀티코어 확장성을 제공하는 공정 큐잉 알고리즘을 제안한다. 제안하는 알고리즘은 무작위 선택 기법을 이용하여 코어간 동기화 오버헤드를 최소화하고 각 코어가 가중치에 비례하는 대역폭을 수신하도록 한다. 실험 결과, 제안하는 알고리즘은 block-mq를 사용하는 커널에서 정확한 대역폭 분할 효과를 보여주며, 코어 개수에 상관 없이 기존 FlashFQ 스케줄러보다 우수한 성능을 보여준다.

청주의 고용 성장과 산업 변화, 1985-2005: 변이할당모형에 의한 분석 (Employment Growth and Industrial Change in Cheongju, 1985-2005: An Analysis Using a Shift-Share Model)

  • 김학훈
    • 한국경제지리학회지
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    • 제14권3호
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    • pp.325-341
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    • 2011
  • 청주시는 1970년대부터 인구와 고용이 급성장하였다. 본 연구는 청주시의 산업별 고용변화를 조사하고 고용성장에 대한 변이 할당 분석을 시행하였다. 본 연구에서 사용한 자료는 주로 1985년, 2000년, 2005년의 인구 및 주택 총조사에서 얻은 청주시의 산업별 고용자료이다. 본 연구는 먼저 청주의 인구 변화와 산업구조를 설명하고, 그 다음은 변이할당모형의 발달을 검토하였다. 본 연구에서 얻은 청주의 산업별 입지계수와 특화계수의 변화를 통해서 도시산업구조의 다양화 추세를 알 수 있었다. 본 연구에 적용한 변이할당모형은 Arcelus의 모형을 수정하여 사용하였으며, 분석 결과를 통해서 산업 부문별 경쟁력을 파악할 수 있었다. 청주는 국가 전체와 비교하면 대체로 유리한 산업구조를 가지고 있다. 일부 서비스 부문을 제외한 모든 산업 부문에서 국가보다 빨리 성장하여 양(+)의 경쟁효과를 보였다. 변이할당분석에서 세분된 산업분류와 짧게 나누어진 분석기간을 사용하면 경쟁력 있는 산업을 더 정확하게 찾을 수 있다.

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제헌헌법상(制憲憲法上) 이익균점권(利益均霑權)의 현대적(現代的) 의미(意味) (A Modern Meaning of Worker's Equal Rights to Share Profits of Private Companies in the first Korean Constitution of 1948)

  • 신재명
    • 한국정보컨버전스학회논문지
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    • 제7권2호
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    • pp.41-48
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    • 2014
  • 현대사회에서 고도의 자본주의는 인류문명에 찬란한 발전을 가져왔다. 하지만 노동의 소외현상으로 인한 비인간화, 양극화의 심화 등의 자본주의의 부작용 또한 우리에게 안겨주고 있다. 이러한 자본주의의 부작용을 완화하기 위해 제헌헌법상 이익균점권을 고려해 볼 필요성이 있다. 이는 현박근혜정부에서 지향하고 있는 '경제민주화'라는 슬로건과도 일치되는 일이라고 생각된다. 이익균점권이란, 한 회사에 초과이익이 발생하였을 경우 그 회사의 자본가뿐만 아니라 그 회사의 근로자에게도 초과이익에 대한 기여분만큼 적절한 수준의 배분을 받을 수 있도록 하는 권리를 말한다. 이 이익균점권은 일반적인 생각과 달리 우익계열인 대한노총에서 주도적으로 제안된 권리이다. 이러한 이익균점권이 어떠한 이유와 과정을 거쳐 제헌헌법에 규정되었는지, 만약 재헌법화된다면 어떠한 효과가 있을 것인지를 살펴보는 것은 오늘날 자본주의부작용의 해소방안을 모색하는 데 있어 의미있는 일이라 생각된다.

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