• Title/Summary/Keyword: ANALYSIS OF THE ANNUAL GROWTH

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An Analysis on the R&D Productivity and Efficiency of Korea: Focused on Comparison with the OECD Countries (우리나라의 R&D 생산성 및 효율성 분석: OECD 국가와의 비교를 중심으로)

  • Kim, Young-H.;Kim, Sun-G.
    • Journal of Technology Innovation
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    • v.19 no.1
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    • pp.1-27
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    • 2011
  • This paper aims to measure and analyze R&D productivities and efficiencies of 17 major OECD countries including Korea over the 1984-2008 period by using the Malmquist Productivity Index and Data Envelopment Analysis, classifying R&D performance into an output and outcome aspects. It also searches the Korea's current status and characteristics in each R&D stage to enhance Total Factor Productivity (TFP) compared with other developed countries. Our major findings are the followings: (i) Korea's productivity index of R&D input vis-a-vis R&D output is very high (13.39% annual growth rate) compared with those of major advanced countries, whereas the annual average of efficiency index is very low (0.33), i.e. Korea's technical efficiency index has risen to 0.83 at the last time series started at 0.10 point and come up to the level of major advanced countries. (ii) the Korea's productivity index of R&D output vis-a-vis R&D outcome is very low (14.02% annual reduction rate) compared with those of major advanced countries, whereas the annual average of efficiency index is very high (0.22), i.e. Korea's integrated frontier technical efficiency index has dropped to 0.057 at the last time series started at 1.00 point and coming up to the level of major advanced countries. (iii) The productivity of R&D input vis-a-vis R&D outcome is positively correlated with that of R&D output vis-a-vis R&D outcome and the growth of R&D input factors. In a nutshell, it implicates that the effort to take advantage of R&D outputs, namely establishing the diffusion and commercialization system of technical knowledge to the level of developed countries, should be strengthened over that on the growth of R&D investment and output for enhancing R&D productivity and efficiency in Korea.

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Progress of Functional Food Market in Korea and Strategy of Korean Medicine (한국의 건강기능식품 시장의 성장과 한의계의 대응전략)

  • Son, Chang-Gue
    • The Journal of Korean Medicine
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    • v.35 no.1
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    • pp.68-74
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    • 2014
  • Objectives: To analyze the growth pattern of the functional food market in Korea, and thus produce essential information in mapping out a strategy for Korean medicine. Methods: A survey of literature or analysis reports about market changes related to functional foods in Korea was undertaken. Results: The Korean functional food market has been growing rapidly, to 1.4 trillion won in 2012 compared to 250 billion won in 2004, which is an annual growth rate of about 14%. In particular, individually-approved functional food is worthy of notice regarding its growth rate and functional position, which is similar to herbal drugs. The expanding growth of functional food affects negatively the decrease of herbal drug industry in Korea to date. Conclusions: To compete with functional foods, the Korean medicine community needs to develop patient-friendly and cost-effective herbal drugs, and strategies to adopt them as therapeutic modalities.

Assessment of Teak (Tectona grandis Linn. f.) Provenance Tests in the Bago Yoma Region, Myanmar

  • Lwin, Ohn;Hyun, Jung-Oh;Yahya, Andi Fadly
    • Journal of Korean Society of Forest Science
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    • v.99 no.5
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    • pp.686-692
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    • 2010
  • This study described the general pattern of genetic variation among ten teak (Tectona grandis Linn. f.) provenances in Myanmar and determined the most suitable seed sources for the plantation program in Bago Yoma region. Seeds of ten provenances were collected to cover the whole teak natural distribution in Myanmar and planted at four trial sites in Bago Yoma region in 1998. Seven years after planting, variation was assessed for growth, morphological characteristics and their correlation with geoclimatic factors. Statistical analysis using ANOVA revealed that there were significant differences in most of the traits measured among provenances, trial sites and provenance ${\times}$ site interaction at five percent level. A positive significant correlation (p<0.01) was found among most of the traits. The regression analyses between all traits and geoclimatic factors indicated the existence of ecoclinal variation in teak. Most of the traits were negatively correlated with the latitude while a positive significant correlation was found between longitude and C/B ratio, crown-diameter, average branch angle and leaf-remain. There was no significant correlation between the mean temperature and any other traits in this study. Furthermore, growth traits and crown diameter were positively correlated with the mean annual rainfall while negative correlation was found between the geographical distance and growth traits. Results indicate that the latitudinal pattern of teak genetic variations in growth performance was attributed to the limit of mean annual rainfall. Comparative assessment showed that local provenances were generally the best and could be use as suitable seed sources for the plantation program in the Bago Yoma region.

An Investigation on the Mutual Effect between Tax Revenue and Economic Growth

  • He, Yugang
    • The Journal of Economics, Marketing and Management
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    • v.6 no.3
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    • pp.14-25
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    • 2018
  • Purpose - Taxes cover all aspects of society, especially in terms of resource allocation and economic growth. In reality, the tax revenue is often used to measure the quality of a country's economy. The relationship between tax revenue and economic growth has been paid much attention by academic circles. Due to this background, this paper attempts to investigate the mutual effect between tax revenue and economic growth. Research design, data, and Methodology - The annual datum form 1980 to 2017 are employed to conduct an empirical analysis under the vector error correction model. In this paper, the GDP is treated as an independent variable. The tax revenue is treated as a dependent variable. Furthermore, a menu of statistic approaches will be used to testify the mutual effect between tax revenue and economic growth. Results - Via the co-integration test, the results report that the tax revenue has a positive effect on economic growth in the long run. Through the vector error correction estimation, the results also report that the tax revenue also has a positive effect on economic growth in the short run. Conclusions - This paper provides a view that the tax revenue is a kind of a determinant to promote economic growth. Therefore, the China's government should pay much attention to the improvement of tax revenue system so as to maintain a high-speed economic growth.

Estimation of Growth Parameters of Corbicula (Corhiculina) papyracea Heude from Chungpyeong (청평 내수면에 서식하는 엷은재첩, Corbicula (Corbiculina) papyracea Heude의 성장모수 추정)

  • Kwon Dae Hyeon;Kang Yong Joo;Kim Dae Hee
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.35 no.6
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    • pp.557-562
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    • 2002
  • This study was to estimate population growth parameters of the freshwater bivalve, Corbicula (Corbiculina) papyacca (Heude) in Korea. Samples were collected from Jojong stream in Chungpyeong from September 1999 to August 2000. Ages were determined from the ring of shell, The shell length of the samples ranged from 4,2 mm to 28.1 mm, The ring on the surface of shell was formed once a year from January to March, Marginal increment analysis of shell rings indicated that annuli were formed in June. Spawning period was estimated to be May to August with a peak between June and July through fatness analysis, and thus rings were considered to be true annual marks. Von Bertalanffy's growth parameter were estimated from a nonlinear method with the value of logical maximum shell length ($L_{propto}$) was 34,36 mm, K was 0.1531/year, logical age of shell length 0 ($t_{0}$) was -0,5246 year, and logical maximum total weight ($W_{propto}$) was 11.42 g.

A Study on the Mutual Effect between Small & Medium-sized Enterprises and Economic Growth: Evidence from Alibaba Group and City of Hangzhou

  • He, Yugang
    • Asian Journal of Business Environment
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    • v.9 no.2
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    • pp.27-34
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    • 2019
  • Purpose - From the advanced path of development and current situation, the development of enterprises plays a tremendous role in promoting national economic growth and raising the overall national strength. Therefore, this paper aims at examining the mutual effect between small & medium enterprises and economic growth. Research design, data, and methodology - In order to address the operating mutual effect between the small & medium enterprises and economic growth more clearly, this paper sets Alibaba Group and Hangzhou as an example. Meanwhile, the annual data from 2000 to 2017 will be employed, and an empirical analysis will be performed under the vector error correction model. Results - The findings display that the total revenue of Alibaba Group has a positive effect on economic growth in city of Hangzhou. However, the Granger Causality test implies that there is only a unidirectional causality between total revenue of Alibaba Group and economic growth in Hangzhou. More specifically, 1% increase in total revenue of Alibaba Group can result in 0.272% in economic growth of Hangzhou in the long run. Conclusions - In summary, for the long run, the local governments should promulgate a series of policies to assist the small & medium enterprises like Alibaba Group to improve the local economic growth as seen in the city of Hangzhou.

An Analysis of Evaluation for Korean Native Cattle (Hanwoo) Reproductive Performance and Cow-Calf Profitability (한우의 번식실태평가 및 번식우 생산성 분석)

  • Cho, Jaesung;Do, Changhee;Song, Hyungjun;Choi, Inchul
    • Journal of Embryo Transfer
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    • v.30 no.3
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    • pp.189-193
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    • 2015
  • Calculating break-even price of calf production is closely associated with reproductive efficiency. To determine the price, we need data from reproduction records including number of claves weaned, number of cows exposed for breeding, and annual cash coast per cow, and average weaning or market weight of claves sold and retained. Unfortunately, the data were not available in Korea native cow (Hanwoo). To evaluate the performance and the price, we collected calving interval from about 60,000 cows for last 10 years and estimated reproductive performance. Calving interval was increased 4.3% and pregnancy rate was decreased about 1.4~2.8% year-on-year. Increases in growth rates of number of cow and semen per calf supported the low reproductive performance. Finally, break-even price was calculated using estimated percent calf crop and demonstrated that growth rate of break-even price is larger than that of annual cash per cow, suggesting cow-calf profitability and financial efficiency in Korea native cow (Hanwoo) is getting worse.

Beyond Growth: Does Tourism Promote Human Development in India? Evidence from Time Series Analysis

  • SHARMA, Manu;MOHAPATRA, Geetilaxmi;GIRI, Arun Kumar
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.693-702
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    • 2020
  • The present study aims to investigate the impact of tourism growth on human development in Indian economy. For this purpose, the study uses annual data from 1980 to 2018 and utilizes two proxies for tourism growth - tourism receipt and tourist arrivals - and uses human development index calculated by UNDP. The study uses control variables such as government expenditure and trade openness. The study employs auto regressive distributed lag (ARDL) approach to investigate the cointegrating relationship among the variables in the model. Further, the study also explores the causal nexus between tourism sector and human development by using the Toda-Yamamoto Granger non-causality test. The result of ARDL bounds test reveals the existence of cointegrating relationship between human development indicators, government expenditure, trade openness, and tourism sector growth. The cointegating coefficient confirms a positive and significant relationship between tourism sector growth and human development in India. The causality result suggests that economic growth and tourism have a positive impact while trade openness has a negative impact on human development in India. The major findings of this study suggest that tourism plays an important role in the socio-economic development of Indian economy in recent years and the country must develop this sector to achieve sustainable development.

Analysis of Environmental Factors for Full Bloom Stage and Fruit Growth in Peach (복숭아 품종의 만개기와 과실 생장에 영향을 미치는 환경요인 분석)

  • Han, Hyun Hee;Han, Jeom Hwa;Jeong, Jae Hoon;Ryu, Su Hyun;Kwan, Yong Hee
    • Journal of Climate Change Research
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    • v.7 no.4
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    • pp.493-498
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    • 2016
  • This study was conducted to investigate the effect of environment factors on full bloom stage and fruit width in four peach cultivars. The average temperature in March was the main factor to determine the date of full bloom in 'Kurakatawase'($-0.6871^*$) and 'Changhowon Hwangdo'($-0.5270^*$). The fruit growth curve after 35 days from full bloom was the double sigmoid shape in 'Changhowon Hwangdo' cultivar. Environmental factors affecting fruit width were mean diurnal range(BIO2) and temperature annual range(BIO 7) in 'Kurakatawase', growing degree days(GDD) after 30 days from full bloom and July precipitation in 'Yumyeong', and annual mean temperature(BIO1), BIO7, and July precipitation in 'Kawanakajima Hakuto'. Of these, major environmental factors affecting fruit width in more than two cultivars were BIO7 and July precipitation.

The history of high intensity rainfall estimation methods in New Zealand and the latest High Intensity Rainfall Design System (HIRDS.V3)

  • Horrell, Graeme;Pearson, Charles
    • Proceedings of the Korea Water Resources Association Conference
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    • 2011.05a
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    • pp.16-16
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    • 2011
  • Statistics of extreme rainfall play a vital role in engineering practice from the perspective of mitigation and protection of infrastructure and human life from flooding. While flood frequency assessments, based on river flood flow data are preferred, the analysis of rainfall data is often more convenient due to the finer spatial nature of rainfall recording networks, often with longer records, and potentially more easily transferable from site to site. The rainfall frequency analysis as a design tool has developed over the years in New Zealand from Seelye's daily rainfall frequency maps in 1947 to Thompson's web based tool in 2010. This paper will present a history of the development of New Zealand rainfall frequency analysis methods, and the details of the latest method, so that comparisons may in future be made with the development of Korean methods. One of the main findings in the development of methods was new knowledge on the distribution of New Zealand rainfall extremes. The High Intensity Rainfall Design System (HIRDS.V3) method (Thompson, 2011) is based upon a regional rainfall frequency analysis with the following assumptions: $\bullet$ An "index flood" rainfall regional frequency method, using the median annual maximum rainfall as the indexing variable. $\bullet$ A regional dimensionless growth curve based on the Generalised Extreme Value (GEV), and using goodness of fit test for the GEV, Gumbel (EV1), and Generalised Logistic (GLO) distributions. $\bullet$ Mapping of median annual maximum rainfall and parameters of the regional growth curves, using thin-plate smoothing splines, a $2km\times2km$ grid, L moments statistics, 10 durations from 10 minutes to 72 hours, and a maximum Average Recurrence Interval of 100 years.

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