• Title/Summary/Keyword: Consumer welfare

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Current Studies to Estimate the Economic Values of Welfare-endowed Animal Products (동물복지형 축산물의 경제적 가치추정에 관한 연구 동향)

  • Jung, Yun-Pil;Roh, Sung-Hoon;Ohh, Sang-Jip;Lee, Jong-In
    • Journal of Animal Environmental Science
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    • v.16 no.1
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    • pp.29-40
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    • 2010
  • The purpose of the study is to review current studies for economic values on livestock products produced by animal welfare. In order to review the topic, published research papers and reports were reviewed in the world. As the result of the study, the studies for the topic are not researched actively. The main ideas for the studies were consumer survey on meats and egg. Data were questionnaire, Lexis-Nexis databases, consumptions and prices on meats, auction data. Tools for analyses were Random parameters logit and latent class model, WTP analysis, Roterdam model, Pearson's Chi test, Mann-Whitney V-test, Kruskal-Wallis test, structural equation model, regression model, Target-costing, and conjoint analysis.

Impact of Indebtedness on the Risk of Domestic Violence (가계부채가 부부폭력의 위험에 미치는 영향)

  • Park, Jung Min;Park, Ho Jun;Oh, Ukchan
    • Korean Journal of Social Welfare Studies
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    • v.48 no.4
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    • pp.33-57
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    • 2017
  • As there is a growing concern about the steady increase in the consumer debt and its potential consequences on individuals and families, this study examined the association between personal debt and the risk of domestic violence, which in this study is referred to as violence between man and woman who have a spousal relationship. We used the data from the Korea Welfare Panel Study collected from 2009 to 2016. We applied a generalized estimating equation approach for the analysis of panel data. The results show that the higher the ratio of personal debt to disposable income and the ratio of debt payment to disposal income is, the greater the risk of domestic violence. While the debt to income ratio played a role regarding was related to a heightened risk of domestic violence among the poor group, the debt payment to income ratio was associated with a higher risk of domestic violence among the non-poor group. Implications of the study were discussed.

A Study on the Influence of Securities on Corporate Financing Behavior in Financial Markets (금융시장에서 담보가 기업의 자금조달선택에 미치는 영향에 관한 연구)

  • Park, seok gang
    • International Area Studies Review
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    • v.22 no.3
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    • pp.201-219
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    • 2018
  • This paper suggested a theoretical model, in which a security-based(secured loan, non-secured loan) credit agreement determines the form of corporate cost function through a loaning company's cost minimization in the light of a company which behaves monopolistically in product markets. Also, this paper analyzed the influence of a corporate credit agreement on market equilibrium, and economic welfare in product markets. As a result, it was found that in case a company, whose equity capital is small, implements borrowing based on a secured loan from a financial institution, the company comes to face borrowing restraints, in which the company has no choice but to get a loan within the scope of securities. When a company offers its capital goods, i.e. a production factor, as a security, there occurs a distortion to the production factor input ratio. Meanwhile, when a company comes to get a loan based on an unsecured loan, for which the interest rate is high, marginal cost rises; accordingly, the company comes to choose a credit agreement aiming at maximizing its profits. However, a company's choice of a credit agreement is not quite desirable from a consumer's viewpoint, and from the whole economic point of view; overall, such a choice is likely to aggravate economic welfare.

Measuring the Maximum Social Welfare Effects of Outlook Information Service for Fruits Sector in Korea (과일류 관측의 최대 사회후생 효과 계측)

  • Kim, Bae-Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.11
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    • pp.6646-6651
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    • 2014
  • This study was carried out to find the social welfare effects of agricultural outlook information service for fruit in Korea. The goals of an agricultural outlook information service are to improve the efficiency of the agricultural product market, and stabilize the farmer's income and consumer price. This paper introduces the results of econometric analysis for the effects of social welfare benefits. According to the results of econometric analysis for the citrus industry, the effects of the social welfare benefits were estimated to be 15,228 million KRW on apples (ratio of the total revenue, 1.5%), 3,154 million KRW on pears (ratio of the total revenue, 1.8%), 1,936 million KRW on peaches (ratio of the total revenue, 0.9%), 5,211 million KRW on grapes (ratio of the total revenue, 1.0%), 44,976 million KRW on citrus (ratio of the total revenue, 5.4%), and 2,590 million KRW on sweet persimmon (ratio of the total revenue, 0.8%) in 2012.

Market Power and Retail Price in Mobile Communications Industry: an International Comparative Study (시장지배력 수준과 요금인하 간의 관계분석: 이동통신서비스시장의 국제비교)

  • Choi, Saesol;Han, Sung-Soo
    • International Area Studies Review
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    • v.18 no.3
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    • pp.231-248
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    • 2014
  • The relationship between market structure and social welfare outcomes has received considerable critical attention in the field of competition policy research. In particular, it is necessary to study in greater depth the impact of market power on social welfare in the telecommunications industry, which is highly likely to form a monopolistic market structure. This is because, when market powers are concentrated on few upper carriers, there are negative effects on social welfare due to an excess of profits. Against this background, the present study investigates the relationship between the market structure of the mobile communications industry (the level of market power) and social welfare outcomes (the retail rate cut) through an international comparison. The results demonstrate that both the market structure and competition status of the Korean market have had significant gaps in global trends. It also points out that the monopolistic market structure (when the leading provider has more than 50% of the market share) has significantly negative effects on consumer welfare (the retail price cut). In addition, the findings of this study suggest that the direction of competition policy should focus on not only improving market concentration(HHI), but also on mitigating the monopoly of power of a dominant operator.

The Relationship between Subjective Happiness and Satisfaction of Social Sustainability in Residential Environment (주거환경의 사회적 지속가능성 만족도와 주관적 행복감과의 관계)

  • Shin, Hwa-Kyoung;Jo, In-Sook
    • Journal of the Korean housing association
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    • v.26 no.2
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    • pp.57-66
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    • 2015
  • The purpose of the study was to find out the relationship between subjective happiness and satisfaction of social sustainability in residential environment. The data for the analysis were collected through questionnaire survey method from October 29 to November 10, 2013, and the sample consisted of 338 residents living in Seoul and Gyeonggi-Do province. The social sustianability was composed of locality, communality and organism. Locality composed of historical and cultural reflection of regional identity and of regions. Communality composed of social integration, community program and facilities. Organism composed of employment, self-sufficiency, welfare, population, safety and housing. The findings of the study were as followings: 1) The average of subjective happiness was 3.82 points, over neutral. 2) The social sustainability in residential environment was related with the subjective happiness. 3) In the social sustainability in residential environment, the residents was satisfied with locality and organism, but they was not satisfied with communality.

A Study on the Reaction towards Damage Related to Health Foods among the Elderly (노인들의 건강식품 관련 문제 경험에 대한 대응 행동에 관한 연구)

  • Kim, Hyo-Chung;Kim, Mee-Ra
    • Journal of the East Asian Society of Dietary Life
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    • v.18 no.4
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    • pp.608-617
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    • 2008
  • This study examined the level of reaction towards damage related to health foods and the factors affecting this reaction among the elderly. Data were collected from 269 elderly individuals living in Seoul, Daejeon, Daegu, Gwangju and Busan. Frequencies, chi-square tests, and a multinomial logistic regression analysis were performed using the SPSS v. 14.0 program. When asked about their reaction towards damage related to health foods, approximately 48% of the respondents answered 'no response', 34% answered 'private response', and 18% answered 'public response'. Multinomial logistic regression analysis revealed that education level and awareness of health food price were significant factors influencing 'private response', and concerns about health foods and awareness of damage redemption were significant factors for 'public response'. These results imply that consumer education for elderly to prevent damage derived from the purchase and consumption of health foods is required.

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Stereotypes of the Mother-in-law Held by Female Students (여자대학생의 시어머니에 대한 고정관념)

  • Yi Yeong-Sug;Park Kyung-Rhan
    • Journal of Families and Better Life
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    • v.24 no.1 s.79
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    • pp.1-9
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    • 2006
  • The purpose of this research is to identify stereotypes toward the mother-in-law held by female students. Stereotypes toward the mother-in-law were examined at two levels: to assess female students' beliefs about the traits of mother-in-law and to categorize the traits into stereotypes. The main results of this study were as follows: 1) Students reported 91 traits associated with the mother-in-law. 2) Hierarchical cluster analysis of the trait groupings revealed two high-level clusters: a cluster of 42 positive traits and a cluster of 49 negative traits. Within the positive and negative clusters, 14 middle-level categories, 6 positive categories(tough, leisurely, traditional image of prudent elders, image of the eldest in the family, intimate, tolerant), and 8 negative categories(dominant, self-assertive, cold, discriminating, fearful, mean, sadistic, authoritative, nervous) were identified. This results suggested that female students believed negative stereotypes are more typical than positive ones.

Content Analysis of Food Advertising Directed at Korean Children

  • Kim, Sora;Han, Eun-Jin
    • International Journal of Human Ecology
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    • v.13 no.2
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    • pp.101-111
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    • 2012
  • Children have become the target of intense and specialized food advertising efforts. This study examines the content of TV food advertising and discussed possible concerns from the perspective of children. A total of 102 ads were collected from two cable networks aimed at children. Most of the food ads used emotional appeals and did not provide information clues such as nutrition values. Ads with high sales pressure and celebrity endorsements appeared frequently and the ads for snack foods and high-carbohydrate bakery products were dominant. Understanding food ads can be a significant indicator to establish the orientation of consumer ad education and build educational programs appropriate for children. The issue that appears conspicuous in child targeted advertising and marketing is the childhood obesity and food advertising relation; subsequently, there is a need to evolve advertising that targets children into a positive educational information source.

A Study on the Policy for Supporting Child Care and Education in Korea (육아지원)

  • Rhee, Ock;Kong, In-Sook
    • Korean Journal of Child Studies
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    • v.30 no.6
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    • pp.99-109
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    • 2009
  • The purpose of this study is to review the characteristics of the policy for supporting child care and education in Korea. In order to suggest the theoretical and practical issues for child care and education policy, it is necessary to evaluate the existing policies. Based on the review of the literature, the legal system, and the policy, the child care support system in Korea is evaluated to be fragmentary and inconsistent. And Korean child care policy is a mixture of the conservative and the liberal one. In order to meet the needs of the family and children of Korea, more progress approach to child care policy is needed. The suggestions of this study are to have Korean government give more weight on societal care of children, introduce children's allowance, integrating child care and education system and developing policy monitoring systems in Korea.

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