• East Asian Economic Review
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• v.17 no.4
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• pp.361-383
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• 2013

We find that institutional quality of an individual country was highly and significantly correlated with its economic performance in the euro area. We argue that governance reforms proposed at present do not suffice to resolving the fundamental problems of the EMU governance system unless disparities of institutional quality in member states are dissolved. Regarding regional integration, East Asia is far behind the Eurozone not only in institutional elements of the governance system but also in institutional quality at the level of individual nations.

• Asian-Australasian Journal of Animal Sciences
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• v.9 no.6
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• pp.737-741
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• 1996

Dry matter yield of reed canarygrass was investigated in uncultivated rice paddy in Korea, and an attempt was made to estimate the most economic and efficient cutting frequency and rates of nitrogen (N) fertilization, for increased production of reed canarygrass. Total dry matter yields of reed canarygrass per year were 7.4-15.7, 8.5-16.1, and 7.5-13.4 tons/ha in 3, 4, and 5 cutting frequencies, respectively, and over the N treatments of 0-120 kg N/ha/cut. When cut 3 or 5 times annually, the 2nd cut produced the highest proportion of total yield at 38.4 and 33.0%, respectively, when cut 4 times the 3rd cut was highest (38.3%). The ranges of economic N level, limiting N level and efficiency of dry matter production were 243.3-293.0, 387.2, and 14.6 kg DM/kg N, respectively. These indicators were particularly low for the 5 cutting frequency possibly because of the unusually high temperature in the summer season. The best cutting frequency for the dry matter production of reed canarygrass in 1994 was 3 per year because of the higher efficiency of dry matter production.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.1
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• pp.313-320
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• 2020

This study aims to analyze the household economic behavior of salt farmers participants in Salt Business Empowerment Program (Pugar) including of salt production, work flow, household revenue, the behavior of consumption of food and non-food items and the welfare level. This research followed a survey method by engaging 32 household farmers as participants. The findings revealed that the empowerment program was carried out through the technical assistance of salting production and the assistance of equipment and technology from Thread of Screw Filter and geoisolators to improve the quality of salt. The problems come when the marketing of salt is still limited to the collectors of salt which led to the price of salt level, manufacturers have not remained stable. Household revenue sources for some salt farmers also come from non-salt pond business activities. Farmer household revenue can be used to meet staple food consumption and non-food staple consumption. Based on the indicators of family welfare, households participating in the empowerment program were group into the category of prosperous families. In order to stabilize the price of salt at the producer level, government intervention in the people's salt trading system is needed.

• Journal of the Korean Home Economics Association
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• v.28 no.4
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• pp.155-176
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• 1990

The purpose of this study is to investigate the influential factors to home management ability of mothers and their unmarried daughters through researching the relationship of their home management ability. It would provide the basic data for the direction of Home Economics Education. The subjects were 653, from 20 to 30 years of unmarried women and their mothers in Chonbuk province. The questionaire was used to measure their Home Management ability. The measured areas were planing, creativity, consumption management, housework, evaluation, and human relation. The question items were respectively 6 and totally 36. Spss was used for the statistic. Frequency, Percentage, Means, Standard Deviation were used for general understanding. For data analysis, F-test, Pearson Product-moment Correlation, Duncan's Multiple Range Test, Stepwise Multi-regression Analysis were used. Lastly, the research pattern was examined by Path Analysis. The results were as follows. 1. The importnat influential factors to mother's home management ability were their schooling level and their perceived socio-economic status among the general factors(age, shooling level, perceived socio-economic status) and the family atmosphere factors(monthly income, family type). 2. The important influential factors of unmarried daughter's home management ability were the monthly income of their family and the socio-economic status perceived by them, among their mother's general factors, family atmohphere factors, their own general factors(age, schooling level, perceived socio-economics status, occupation, growing place). 3. The influence of mother's home management ability on unmarried daughter's home management ability was much more remarkable than mother's general factors, family atmosphere factors and unmarried daughter's general factors.

• Journal of Information Technology Applications and Management
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• v.20 no.4
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• pp.221-234
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• 2013

In this paper, we report bankruptcy risk level forecasting result for automobile parts manufacturing industry. With the premise that upstream supply risk and downstream demand risk could impact on automobile parts industry bankruptcy level in advance, we draw upon industry input-output table to use the economic indicators which could reflect the extent of supply and demand risk of the automobile parts industry. To verify the validity of each economic indicator, we applied simple linear regression for each indicators by varying the time lag from one month (t-1) to 12 months (t-12). Finally, with the valid indicators obtained through the simple regressions, the composition of valid economic indicators are derived using stepwise linear regression. Using the monthly automobile parts industry bankruptcy frequency data accumulated during the 5 years, R-square values of the stepwise linear regression results are 68.7%, 91.5%, 85.3% for the 3, 6, 9 months time lag cases each respectively. The computational testing results verifies the effectiveness of our approach in forecasting bankruptcy risk forecasting of the automobile parts industry.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.11 no.18
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• pp.71-80
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• 1988

Process capability implies the qualitative capability of a process, and it is necessary to specify the process capability by quantification and to evaluate the level with the specified standardizaion. But the process capability index is currently used to evaluate the performance of quality control activity. without considering the characteristics of process structure or the economy of management. Here the researcher would like to redefine process capability and emphasize its index may be used as the measure of managerial assessment and the objective of process quality control in full consideration of the economic aspects of process characteristics. Too little or too much process capability causes a loss of or excess. The proper economic level of process capability varies to each process. The procedure of taking the optimum process capability index is derived from the expected profit function, whereas each method is studied in cases of normal process with one-sided specification and two-sided specification. In addition, the process capability index is presented as a method of quality assurance. And an example is exhibited on wrapping process of 'A' company. The results of this study are summarized at follows. First, though the norminalization of the process capability index is possible by the existing methods, the optimum process capability index can vary to the situation of each process. So, the optimum process capability index which is suggested in this dissertation should be used as the standard to assess process capability. Second, the process capability index can take its effect not just in indicating quality control or managerial records but also in the management of high qualify assurance.

• Environmental and Resource Economics Review
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• v.22 no.1
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• pp.127-145
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• 2013

This study estimates the economic impact of sea-level rise on Jeju island and suggests the optimal protection level based on the FUND model. There exist a number of studies that estimate the impacts of sea-level rise on global scale, but their results are of limited use for local scale such as Korea. Therefore, this study applies some specific indicators and data of Korea into to FUND model for deriving site specific estimates. The results show that 2.01%~2.25% of land could be inundated by sea-level rise until 2100. The value of affected land is about 6.4%~7.2% of total land value. The discrepancy between the figures indicates that the area affected by sea-level rise is much more valuable than the rest of Jeju island. The optimal protection level in Jeju city is higher than that in Seguipo city, even though the coastal length of Jeju city is longer than that of Seguipo. This is due to the fact that the economic value of Jeju city is much higher than that of Seoguipo city.

• 한국노년학
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• v.31 no.4
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• pp.1135-1153
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• 2011

The study aims to examine the interaction of socio-economic status in education and income in the difference of the level of subjective health, physical health, and mental health of middle-age and the elderly of Korea. While there have been various discussions in precedent study with respect to the serious increase in the number of dependent life alongside with increasing elderly population, research on the health level according to socio-economic status is highly limited, and also how the health level of middle-age and the elderly - whom will arrive at senescence in just a few years - is different. The study aims at analyzing the health level by hierarchy and age based on data targeting the whole nation. As for analysis data, the study utilized 1st Korean Longitudinal Study of Ageing (KLoSA) implemented by Korea Labor Institute, and carried out a path analysis to verify whether income and academic background serve as a parameter to the level of subjective health, physical health, and mental health. As a result, while the subjective health level decreases, the study confirmed an increase in chronic diseases, and extremely low level of mental health when people in middle-age enter the elderly. In addition, the higher the education and income, the more the health levels both on middle-age and the elderly; the result suggests that education background and income have mediated effects in all health level of middle-age and the elderly.

• Journal of International Area Studies (JIAS)
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• v.22 no.2
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• pp.81-110
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• 2018

In this paper, we examined the regional economic integration, the trade negotiation strategy and bargaining power of the European Union through the logical structure of the three - dimensional game theory. In the three - dimensional game theory, the negotiator emphasized that the negotiation strategy of the triple side existed while simultaneously operating the game standing on the boundary of each side game, constrained from each direction or occasionally using the constraint as an opportunity. The study of three-dimensional game theory is aimed at organizing the process of coordinating opinions and meditating interests at the international level, regional level and member level by the regional union as a subject of negotiation. This study would compare and analyze the recently concluded EU-Japan EPA (Economic Partnership Agreement) negotiation process with the case of the EU FTA, and summarize the logic of the three-dimensional game theory applicable to the FTA of the regional economic partnership. Furthermore, the study would illustrate the strategies of the regional economic cooperatives to respond to negotiations. The area of trade policy at the EU level has already been completed by the exclusive power of the Union on areas where it is difficult to politicize with technical features. Moreover, the fact that the policy process at the Union level has not been revealed as a political issue, and that the public opinion process is a double-step approach. In conclusion, the EU's trade policy process constitutes a complicated and sophisticated process with the allocation of authority by various central organizations. The mechanism of negotiation is paradoxically simplified because of the common policy decision process and the structural characteristics of the trade zone, and the bargaining power at the community level is enhanced. As a result, the European Commission would function as a very strong negotiator in bilateral trade negotiations at the international level.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.3
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• pp.151-162
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• 2019

The paper examines the effects of Foreign Direct Investment (FDI) on the economic growth of Lao People's Democratic Republic (Lao PDR) between 1993 and 2015. The investigation is based on the influence of growth and economic absorptive capability determinants such as human capital, trade openness, and institutional quality. The methodological analysis uses a multivariate framework accounting capital stock, labor stock, FDI, human capital, trade openness, and institutional quality in regression of the Vector Autoregressive model. Augmented Dickey-Fuller unit root test, Johansen Cointegration test, and Granger Causality test were applied as parts of the econometric time-series analysis approach. The empirical results demonstrate the positive effects of FDI and trade openness, and the negative effects of human capital and institutional quality on the economic growth of the Lao PDR over the 1993 to 2015 period. The findings confirm that trade openness complemented by a sufficient level of infrastructure, education, quality institutions, and transparency significantly influence economic growth and attract more FDI. Research results lend credence to the need for the Lao PDR's government to focus on improving its economic absorptive capability and economic competitiveness regionally and globally by improving wealth and resource management strategies, as failure to take this course of action could lead to the Dutch Disease effects.