• Title/Summary/Keyword: Annual growth rate

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The Impact of Income Inequality on Economic Growth: Empirical Evidence from Vietnam

  • HIEN, Luong Quang
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.305-312
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    • 2022
  • Each country's economic progress creates opportunities for its citizens to raise their income. Meanwhile, the country has secured the people's social security policies, particularly the protection of income equality, to promote harmonious and sustained economic development. Vietnam has been located in a dynamic economic development area in Southeast Asia since the 1986 economic reforms, with an annual growth rate of around 7%. Meanwhile, having achieved a middle-income status of roughly 3500 USD per person per year, Vietnam is attempting to maintain income equality and access to welfare systems for its inhabitants. As a result, the primary goal of this study is to use an autoregressive distributed lagged model to investigate the effects of income inequality and other economic factors such as foreign direct investment and trade openness on Vietnam's economic growth from 1992 to 2019. The research focuses attention on literature on income inequality, economic development indicators, and economic development in unique ways in this study. Income inequality slows the rate of change in economic development in the same year, according to our findings. Finally, the study will make policy suggestions to the Vietnamese government.

Studies on the Age and Growth fo Sun and Moon Scallop, Amusium japonicum japonicum (GMELIN) (해가리비, Amusium japonicum japonicum (GMELIN)의 연령과 성장에 관한 연구)

  • Son Pal-Won;Ha Dong-Soo;Rho Sum;Chang Dae-Soo
    • Journal of Aquaculture
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    • v.9 no.4
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    • pp.409-417
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    • 1996
  • Age, annual growth pattern, and other ecologically important observations are reporting from the analysis of annual growth annuli of the sun and moon scallop, Amusium japonicum. Field survey made from 1993 to 1994 indicated that the sun and moon scallops are mostly distributed along the southern coast of Cheju-do, especially around the Sogwipo area. They inhabit on muddy sand bottom, at depth between 30 and 40 m where water temperature varies from 14 to $23^{\circ}C$ annually. The gonadal analysis indicated that the spawning mostly occurs during October and December and they exhibit multiple spawning peaks. The formation of annual growth annuli was found to be related with their spawning period. The shell growth on A. japonium japonicum appeared that their shell growth rate is comparatively faster than that of other scallops : 1. japonium japonicum reaches 6.28 cm in shell hight at the first year and 9.07 cm at the second year. The growth rate of gonadal somatic tissue was also found to be faster than growth rates of other scallops. One year old scallops weigh about 18.8 g, two and three year old scallops weigh 60 and 102.4 g. Based upon these observations, it is concluded that A. japonium japonicum can be a valuable species for aquaculture development due to their rapid growth.

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Total Factor Productivity Growth and the Decomposition Components of Korean Port-Logistics Industry (항만물류산업의 총요소생산성과 그 분해요인분석)

  • Gang, Sang-Mok;Lee, Ju-Byeong
    • Journal of Korea Port Economic Association
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    • v.24 no.4
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    • pp.47-70
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    • 2008
  • The purpose of this study is to estimate total factor productivity(TFP) growth by stochastic frontier function and to grasp contributing factors of its growth rate by decomposing the total factor productivity into efficiency change, technical progress, scale change, and allocation change. Annual growth rate of total factor productivity for 1990-2003 is 0.019 (1.9%), higher than that of overall industry (0.010). The main component of TFP growth is not efficiency change but technical progress. Contributing factors of total factor productivity growth are change of allocation efficiency in port industry, technical progress in sea-transportation industry, and change of scale efficiency in transportation-equipment industry. The change of total factor productivity shows a decreasing trend since late in the 1990s. The annual technical efficiency of port-logistics industry is less than that of overall industry. Capital elasticity for output (0.391) is higher than labor elasticity (0.227), but scale economy of port-logistics industry is 0.618, which is far from optimal scale economy.

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Estimation of C Storage and Annual $CO_2$ Uptake by Street Trees in Gyeonggi-do (경기도 도시가로수의 탄소저장량과 연간 이산화탄소 흡수량 산정)

  • Park, Eun-Jin;Kang, Kyu-Yi
    • Korean Journal of Environment and Ecology
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    • v.24 no.5
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    • pp.591-600
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    • 2010
  • We estimated and compared C storages and annual $CO_2$ uptakes by 9 dominant tree species planted along the streets. DBH and age by tree species were measured in the sites selected considering the planting status and distributions of tree species, and biomass, C storage, growth rate, and annual $CO_2$ uptake were estimated for each species. As a result, L. tulipifera, M. glyptostroboides, P. occidentalis were classified into fast-growing group, P. serrulata, G. biloba, Z. serrata, S. japonica, A. palmatum showed intermediate growth rates, and P. densiflora was slow-growing. Average C storage per tree was 205kgC/tree and ranged from 518kgC/tree(L. tulipifera) to 41kgC/tree(P. densiflora). Average annual $CO_2$ uptake by urban street trees over their lifespan ranged from $7.6kgCO_2$/tree/y to $99.1kgCO_2$/tree/y and L. tulipifera was the greatest, followed by glyptostroboides and P. occidentalis, and P. densiflora was the lowest. Total annual $CO_2$ uptake by all street trees in Gyeonggi-do, estimated based on the annual $CO_2$ uptake by each species, was as small as approximately 0.67% of that by forest in Gyeonggi-do. However, urban trees are still important because forest area continues to decrease and urbanization occurs annually in Gyeonggi-do, and should be managed considering their multi-functional aspects, including mitigation of heat island effect and building energy saving(indirect $CO_2$ uptake).

Analyzing the Productivity of Korean Rail Transit Authorities: A Nonparametric Malmquist Approach (한국 도시철도 운영기관의 생산성 : 비모수적 Malmquist 접근법에 의한 분석)

  • Kim, Min-Jung;Kim, Sung-Soo
    • Journal of Korean Society of Transportation
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    • v.22 no.6
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    • pp.35-47
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    • 2004
  • Using data envelopment analysis, this paper annually estimates Malmquist total factor productivity indices and decomposes them into productive efficiency change, technical change, and scale change components for three publicly-owned rail transit properties: the Seoul Subway Corporation(SSC), the Seoul Metropolitan Electrified Railways Sector of Korea National Railroad (SMESRS) and the Busan Urban Transit Authority (BUTA). The paper then conceptualizes that the property produces a single output(car-kilometers) using four inputs(labor, electricity, car and maintenance, and track) and uses unbalanced panel data consisted of annual observations on SSC, SMESRS and BUTA. The results show that the average annual growth rate of productivity of the three properties is 6.6 percent, which is 0.5 percent less than the average annual increasing rate of their labor price. They also show that the greatest part of the growth in productivity is explained by technical change and to a lesser degree by scale change and changes in productive efficiency though each of the three components contributes more than 20 percent to the growth in productivity, These results suggest that the three properties should base the increasing rate of their wages on the growth rate of their productivity and utilize existing technologies more efficiently prior to introducing new ones to raise their productivity, and that all the three components should be considered to evaluate their productivity more correctly.

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.

Vegetation Characteristics of Main Herbaceous Flowers for Ecological Restoration (생태복원용 주요 초화류의 녹화특성)

  • Shim, Sang-Ryul;Kim, Jae-Hwan
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.9 no.1
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    • pp.64-71
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    • 2006
  • Research was initiated to investigate vegetation coverage and growth of main herbaceous flowers under low maintenance condition like a wild state. Eleven entries were comprised of 1 annual, 2 biennials and 8 perennials from widely used herbaceous flowers in Korea. Vegetation coverage and germination rate were high on annual and biennials when compared to perennials. Callistephus chinensis showed high vegetation coverage but lasted only for a year in 2001 and disappeared in 2002 as an annual. Oenothera odorata and Oenothera lamarckiana were also high vegetation coverage species with persistent only for two years as biennials. Therefore, these species should not be used in a large amount for ecological restoration when mixed with perennials because of affecting the vegetation coverage of perennials. There were considerable variations in vegetation coverage with perennial herbaceous flowers : Lotus corniculatus and Taraxacum platycarpum-high vegetation coverage species, Platycodon grandiflorum, Aster tataricus and Aster koraiensis-medium vegetation coverage species, and Aster yomena, Patrinia scabiosaefolia and Chrysanthemum indicum-low vegetation coverage species. Growth types of herbaceous flowers tested in this research were divided into 4 types : Callistephus chinensis, Oenothera lamarckiana and Aster koraiensis-wide leaf and tall type, Aster tataricus, Patrinia scabiosaefolia, Oenothera odorata, Taraxacum platycarpum, and Aster yomena-medium leaf and medium tall type, Platycodon grandiflorum-fine leaf and dwarf type, and Lotus corniculatus-fine leaf and tall type.

Forest Vegetation Types and Growth Characteristics of Seongin-bong in Ulleung Island, Korea (울릉도 성인봉지역의 산림식생유형과 생장특성)

  • Lee, Jung-Hyo;Cho, Hyun-Je;Lee, Byeng-Cheon;Oh, Seung-Hwan;Bae, Kwan-Ho
    • Korean Journal of Agricultural and Forest Meteorology
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    • v.9 no.1
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    • pp.37-48
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    • 2007
  • Forest vegetation types and growth characteristics of Seongin-bong at Ulleung Island in Korea were studied by using importance values, distributions of diameter classes, and annual growth analysis. Vegetation types were classified into 7 groups. The number of existing woody plant and herbaceous plant species varied from 17 to 21 species per $100m^2$. In case of life-forms importance values, woody and herbs showed average values of 47% and 53% across 5 groups. But in Tsuga sieboldii-Pinus parviflora and Fague engleriana- Taxus cuspidata var. latifolia groups, woody importance values were 68% and 54%, respectively. Diameter classes in most stand types were regularly distributed and showed continuous growth in annual diameter growth. from these results, this site is expected to maintain a stable vegetation structure continuously. F. engleriana, which forms major species in this site, showed 0.46-0.62 cm in annual average diameter growth. The annual average diameter growth of broad-leaved tree species was 0.2-0.6 cm, while the growth rate of T. sieboldii and P. parviflora was 0.38 cm and that of T. cuspidata var, latifolia was below 0.1 cm.

Growth and Production of Mactra veneriformis (Bivalvia) on the Songdo Tidal Flat, West Coast of Korea (서해 송도 갯벌에서의 동죽(Mactra veneriformis: Bivalvia)의 성장과 생산)

  • 신현출;고철환
    • 한국해양학회지
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    • v.30 no.5
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    • pp.403-412
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    • 1995
  • The present study was performed to determine th growth and production of Mactra veneriformis on the Songdo tidal flat off Inchon. west coast of Korea. Monthly samples were collected from Marc 1989 to September 1990. The size distributions of shell length showed unimodal patterns from March to August 1989. The binodal pattern after September 1989 indicated a recruitment of young clams during this period. The density fluctuated irregularly, but showed a decreasing pattern over time on the whole. The density of the year class 1989 increased markedly after February 1990. The growth in shell length showed three phases during a year, a fast growth phase in spring, a slow growth phase in summer and autumn, and a lag phase in winter. The annual increment in shell length reduced with age. The flesh dry weight showed a peak in late spring just before the spawning period, and another peak in autumn. The length of annuli and the back-calculated flesh dry weight were used to describe the annual growth. The growth in shell length fitted to the von Bertalanffy model and the flesh dry weight to the Gompertz model. The absolute growth rate of the shell length reduced gradually with age. The year class 1985 had the highest L, and the yeat class 1986 the lowest L. The annual growth in weight showed a typical sigmoid curve. The growth rate was maximum at the age of 2 to 3. Year classes of 1984 and 1985 had higher values of W and higher absolute growth rates than those of 1986 and 1987. Maximum absolute growth rates of 1986 and 1987 year classes were recorded at younger ages than 1984 and 1985 year classes. The annual relative growth rates of length and weight decreased exponentially with age. Biomass in flesh dry weight increased till spring and thereafter decreased progressively. Maximum biomass was 134.6g m/SUP -2/ in August 1990. The biomass of 1989 yeat class occupied highest proportion in total biomass. Annual production in flesh dry weight from March 1989 to March 1990 was 67.9 g m/SUP -2/ year/SUP -1/. Cumulative production of 1989 year class was highest among all year classes, and that of year class 1984 was lowest. The production is high in spring and autumn, and very low in summer and winter.

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Usability Evaluation Method for SOA Software (SOA 소프트웨어의 사용성 평가 방법)

  • Lee, Sang-Hyo;Yang, Hae-Sool
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.10 no.7
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    • pp.1575-1584
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    • 2009
  • Improvement of service quality and to be caused by with high re-use result expandability, the importance of SOA softwares to be coming to be high recently, according to the [thu] your (Gartner) group from 2006 until 2011 CAGR (yearly average complex growth rate: Compound it is a tendency where in Annual Growth Rate) these 35% the domestic and foreign SOA software markets are increasing suddenly at this degree. It follows hereupon and in about quality rating of SOA softwares the demand is augmented in about development of the quality rating method which it follows international standard. In order to evaluate the use characteristic quality of SOA softwares a quality and about the use frost requirement from the research which it sees and escape with the scale box it examined it measured and in about the method which it decides and an evaluation instance a research the result according to the standard which is appropriate it accomplished it presented. The research which it sees it leads and it induces strategic engineering development it leads and with the fact that it will be the possibility of raising an objectivity and an application degree it expects the use characteristic quality increase of SOA softwares.