• Journal of the Korean Society of Marine Environment & Safety
• /
• v.7 no.3
• /
• pp.107-116
• /
• 2001

The relatively rapid rising trends of crime rates in marine situations leads to social concerns in Korea. This study reviews some theoretical backgrounds of the economics of crime and apply econometric models to Korean marine crimes. We find that there is a positive relationship between marine crime rates and unemployment rates in Korea and the degree of the relationship is higher in the 1990s' in comparison with the results of 1970s' and 1980s'. This findings are compatible with the previous theoretical researches in advanced countries. These findings show that recently the structure of our economy and the economic behaviors of economic agents in Korea have been similar to those of the advanced economies. Therefore this study shows that there exists the additional social costs of economic depression by causing the social crimes and the necessity of public policies to reduce unemployment rates would be higher.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.8 no.12
• /
• pp.49-63
• /
• 1985

This paper is focused on the introduction of the types of models and explanation of the fundamental concepts and theory for development and use of the corporate planning and modeling system. Nowadays, a great deal of companies have been or experimenting with some form of a corporate planning and modeling system to support managerial and strategic decision making. From previous studies it was noted that most applications have tended to be financially based. This trend will probably continue. However, with the software and hardware currently available it is likely that companies will move more toward integrated models that link marketing, production, as will as financial areas. More emphasis will undoubtedly be placed on the use of econometric modeling, since this subelement of the overall planning and modeling process is closely tied to the market place and the economy. At any rate, wherever the development of corporate planning and modeling system is directed, clear understanding for the fundamental concepts and elements of the system is settled in advance in order to develope and use it.

• KDI Journal of Economic Policy
• /
• v.37 no.1
• /
• pp.44-72
• /
• 2015

This study evaluates the economic impact of product innovation by using firm-level data from the Community Innovation Survey conducted in Japan. It accounts for possible technological spillover from innovation activities and examines the extent to which new-to-market product innovations contribute to firm performance. Econometric analysis using a simultaneous equation model reveals that new-to-market product innovation is likely to increase a firm's sales without cannibalizing those of existing products and generate more technological spillover to other firms. Moreover, such innovation is more likely to emerge from firms collaborating with academic institutions. The paper concludes by discussing policy implications of these findings as well as points to the importance of cross-country comparison between Korea and Japan.

• East Asian Economic Review
• /
• v.22 no.2
• /
• pp.117-140
• /
• 2018

WTO was established in 1995 and as many as 36 new members joined WTO until December 2017. Thus it would be interesting to see if new members have committed higher or lower levels of market opening compared to the original members. In this regard, a sophisticated scoring scheme is needed to quantify market opening commitments. After proper econometric model is established for the original members, same model can be applied to the new members for comparison. It was found that new members committed a much higher level of commitment than the original members. In addition, it was also found that transition economies committed higher levels than the non-transition economies. More interesting finding is that among the new members, the larger the economies or the larger the trading volume are, the closer was the level of commitment to the predicted level. Then the question is whether this difference was due to benign neglect by the new members or due to malign select by the original members.

• Environmental and Resource Economics Review
• /
• v.5 no.1
• /
• pp.1-39
• /
• 1995

본 연구는 에너지정책을 종합적 차원에서 일반경제정책과 병행하여 정량적으로 분석할 수 있는 수리모형 (numerical multi-sector general equilibrium model)을 개발하기 위하여 시도되었다. 모형은 크게 (i) 가격/기술변화 반응적인 투입-산출계수를 내생화한 "산업간 거래모형 (inter-industry production model)", (ii) 민간에 의한 최종부문 수요를 나다내는 "소비자 선택모형 (consumer choices model)", 그리고 (iii) 생산물시장과 본원적 투입요소시장, 수출입시장 등에서 민간기업 정부 및 해외라는 개별 경제주체간의 행태를 반영하는 "거시경제 (성장) 모형 (macro-econometric growth model)"으로 구성되어 있다. 이러한 방법은 분석경제를 충분히 세분하고 제(諸)경제변수들의 동시결정적 과정을 중시한 일반균형적 /부문적 접근방법 (general equilibrium/sectoral approaches)을 취함으로써 지금까지 단순한 거시경제모형(aggregate macroeconomic models)이나 전통적 산업연관모형 (static input-output models)에만 의존해 오던 경제예측이나 경제 및 에너지관련 정책의 효과분석이 한층 더 강화될 수 있을 것으로 기대된다.

• Journal of Korean Institute of Industrial Engineers
• /
• v.6 no.1
• /
• pp.9-15
• /
• 1980

By the mid 1960's the rate of productivity growth in the manufacturing industries of the United States reached the lowest level ever recorded in the American economy. As a result the cost-offsetting operations that had been a century-long part of cost minimizing became less feasible. U.S. manufacturing firins apparently embarked on a pattern of a cost pass-along management. Accounting for price variation as a function of a shift from cost minimizing to cost pass-along is the main subject of this investigation. An econometric model of the inflation process is presented which indicates a clear shift in the modal behavior of manufacturing industries from cost minimizing (1948-1964) to cost pass-along (1965-1975). The latter behavior, initially triggered by the drag of resource diversion on the productivity growth process, undermines the pressure toward productive efficiency that is at the core of industrial engineering, and at the center of U.S. industry's ability to remain competitive.

• Communications for Statistical Applications and Methods
• /
• v.23 no.3
• /
• pp.231-239
• /
• 2016

A graphical diagnostic method based on multiple case deletions in a regression context is introduced by using the sampling distribution of the difference between two least squares estimators with and without multiple cases. Principal components analysis plays a key role in deriving this diagnostic method. Multiple case deletions of test statistic are also considered when a new observation is fitted to a given regression model. The result is useful for detecting influential observations in econometric data analysis, for example in checking whether the consumption pattern at a later time is the same as the one found before or not, as well as for investigating the influence of cases in the usual regression model. An illustrative example is given.

• Proceedings of the Korean Nuclear Society Conference
• /
• 1997.05b
• /
• pp.651-656
• /
• 1997

Efforts are made to examine the role nuclear energy under the international carbon emissions regulation. To do so, an econometric model for energy demand and supply is developed. Here, several scenarios on the regulation are assumed and then each scenario is analyzed by using this model. This model also makes it Possible to analyze the effect of carbon tax. The results show that share nuclear increases up to 60% in 2020 Instead 45% makes GDP rise by 1.9% while the electricity price lower by 46% in carbon emission regulation.

• Journal of Industrial Convergence
• /
• v.13 no.1
• /
• pp.75-79
• /
• 2015

This paper investigates two important relationships relating to firm behaviour and performance using econometric methods. First, the relationship between product market competition and innovation is examined, and then the association between innovation and productivity is separately investigated. Data from the Australian Bureau of Statistics' Business Longitudinal Database are used in the analysis. For every measure of competition considered except one, the results of the modelling are consistent with an anti-Schumpeterian relationship between competition and innovation - that is, firms appear more likely to innovate if they face stronger competition. The results examining the relationship between innovation and productivity, although weaker than those between competition and innovation, suggest that innovation is associated with better productivity outcomes.

• East Asian Economic Review
• /
• v.25 no.1
• /
• pp.3-31
• /
• 2021

This paper estimates the effects of transport (road and rail) & energy and ICT infrastructure (telephone, mobile, and broadband) on GDP growths in neighboring countries as well as own countries. We confirm positive direct contributions of infrastructure, access to Internet, and human capital on economic growth. The spatial panel regression models indicate that there exist positive externalities of the broadband infrastructure and human capital, and these results are robust regardless of the choice of spatial weight matrices. Our findings on spillover effects of infrastructure suggest the key role of neighboring countries' infrastructure on own country's economic growth.