• Title/Summary/Keyword: Economic Regulation Methods

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A Study of Distribution Pricing Methods Using Yardstick Regulation (Yardstick Regulation을 이용한 배전요금 산정에 관한 고찰)

  • Sohn, Hyoung-Suk;Ro, Kyoung-Soo
    • Proceedings of the KIEE Conference
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    • 2003.07a
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    • pp.646-648
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    • 2003
  • Distribution pricing has been one of keystones of ongoing deregulation and privatization process in power industries. The electricity market has been established based on open access and nondiscriminatory use of the Distribution assets. As Distribution business remains as a monopoly, it is necessary to provide economic regulation. This paper focuses on the distribution pricing methods using by Incremental Marginal Cost and Yardstick Regulation.

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Changes in Labor Regulations During Economic Crises: Does Deregulation Favor Health and Safety?

  • Jhang, Won-Gi
    • Journal of Preventive Medicine and Public Health
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    • v.44 no.1
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    • pp.14-21
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    • 2011
  • Objectives: The regulatory changes in Korea during the national economic crisis 10 years ago and in the current global recession were analyzed to understand the characteristics of deregulation in labor policies. Methods: Data for this study were derived from the Korean government's official database for administrative regulations and a government document reporting deregulation. Results: A great deal of business-friendly deregulation took place during both economic crises. Occupational health and safety were the main targets of deregulation in both periods, and the regulation of employment promotion and vocational training was preserved relatively intact. The sector having to do with working conditions and the on-site welfare of workers was also deregulated greatly during the former economic crisis, but not in the current global recession. Conclusions: Among the three main areas of labor policy, occupational health and safety was most vulnerable to the deregulation in economic crisis of Korea. A probable reason for this is that the impact of deregulation on the health and safety of workers would not be immediately disclosed after the policy change.

Estimation of the Level of Sustainable Development in Kazakhstan Regions and Recommendation for its Increase

  • Baimukhamedova, Gulzada S.;Nurlanova, Nailya K.;Akhmetova, Sharzada
    • Journal of Distribution Science
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    • v.10 no.7
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    • pp.23-31
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    • 2012
  • The purpose of this study is to investigate existing world economic science theories and concepts of sustainable development as well as create original system of criteria and indicators to assess potential and conditions for sustainable development from a regional perspective and based on the above justify proposals for public authorities to improve methods of economic regulation for regional development. To achieve the goal evolution process of existing theories and concepts of sustainable development and "green growth" have been studied in terms of its adaptation to the spatial development of Kazakhstan, comparative dynamics of natural resources consumption in the Asia-Pacific region and Kazakhstan were investigated as well. Methodology. World best theory and practice methods for assessment of the level of sustainable development of the country and some of its territories were also studied. We selected the best system of criteria and indicators for assessment of economic, social and environmental sustainability of regional systems. Methods offered in this article are based on traditional and new factors of economic development and conditions for operation of regional systems. Indicators are chosen with a glance to basic goals for future development of regions in Kazakhstan. It is recommended to use two levels of methodology offered by author, namely national and regional, and at the local level later (districts, municipalities, cities). The results. Method offered by the author has been tested based on materials and statistics of regions in Kazakhstan. Suitability and usability of the proposed system of criteria and indicators for measuring of economic, social and environmental sustainability of regional systems was proved. Based on this analysis it was found out that there are regions in Kazakhstan that differ from each other by most of key indicators of sustainable regional development and this tendency is increasing. Conclusions and recommendations. As a result of this analysis, the authors have substantiated a number of proposals on methods of analysis to be used, improvement of methods of regional development, implementation of institutional reforms, as well as improvement of regional statistics. This article provides recommendations that can be successfully used in the management practices by public authorities to implement a new regional strategy focused on sustainable development in future.

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Problems of Employment of the Population and Directions of Their Regulation in the Conditions of War

  • Zakharchyn, Galyna;Antonov, Andriі;Voityk, Oleksandra;Plotka, Lyubov;Mirko, Nataliia
    • International Journal of Computer Science & Network Security
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    • v.22 no.11
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    • pp.303-307
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    • 2022
  • The purpose of the study is to determine the key aspects of the problems of employment of the population and the directions of their state regulation in war conditions. Employment policy involves a system of measures to create conditions for a more complete use of the potential of labor and business activity of the able-bodied population, linking this activity through taking into account the specifics of group interests with the tasks and guidelines for socio-economic development. But in the conditions of war, this problem acquires a new relevance. For the study, a number of theoretical methods of analysis were used. Based on the results of the study, the key aspects of the problems of employment of the population and the directions of their state regulation in war conditions were identified.

A Welfare Economics Approach of Frequency Assignment (주파수 배정의 후생경제학적 분석)

  • 이민호
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.18 no.10
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    • pp.1483-1494
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    • 1993
  • Most studies analyse the frequecny polities intuitively based on the assumptin that there is no question in the frequency regulation by the government. But this paper started from the concept of frequency as economic goods. This paper conclude that frequency regulation by the government is needed to redistribute the economic surplus causing excessive demand. There are five methods in the frequency assignment-comparative healing, auction, lottery, Joint consortium and pioneer preference. The five methods are studied form the view of welfare economics and the respective political Implications are proposed in this paper.

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Environmental Economic Studies in Korea (한국의 환경경제학 연구)

  • Kim, Il-Chung;Park, Keun Soo
    • Environmental and Resource Economics Review
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    • v.10 no.3
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    • pp.289-322
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    • 2001
  • This paper introduces the environmental economic studies in Korea, focused especially on the environmental regulation policy and valuation of environmental resources in Korea. It can be seen from this survey that the Korean environmental economists have had most of their interests in socially hot issues such as the evaluation and alternatives of the existing environmental policy instruments, and the impacts of both the environmental regulation and greenhouse gas reduction policies, as well as economic valuation of environmental assets including air, water, and ecosystem. We need more intensive research on issues of the evaluation of individual public investment, enforcement, transaction costs and income distribution and inter-generational equity. More attention should also be paid to the valuation methods and environmental data.

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A study on regulatory approach to sharing economy platform (공유경제 플랫폼 규제접근방법에 대한 연구)

  • Cho, Dae-Keun
    • Journal of Internet Computing and Services
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    • v.19 no.5
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    • pp.133-145
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    • 2018
  • This paper proposes a desirable regulatory measure for the rapidly growing shared economic platform. The development and innovation of digital technology is expected to create new services and new economic and industrial values, but it also raises concerns, challenges about social trust issues arising from conflicts of interest with existing industries. Although sharing economies also creates new forms of supply and demand and grows rapidly around the world with innovative trading methods, institutional limitations are still being exposed in the major cities in terms of conflicts with existing industrial values. In order to reduce the social costs associated with the regulatory process and reach the appropriate regulatory policy goal, this paper proposes a co-regulation approach considering the sharing economic characteristics.

The Effects of Trading-Hour Regulations on Large Stores in Korea

  • Kim, Woohyoung;Lee, Hahn-Shik
    • Journal of Distribution Science
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    • v.15 no.8
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    • pp.5-14
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    • 2017
  • Purpose - This study empirically analyses the sale changes in large retail stores directly resulting from increased controls on those stores. More specifically, we discuss the economic impacts on Korean regulations that restrict trading hours and mandate statutory store closure 'holidays' twice per month. Research design, data and methodology - we attempt to empirically analyse the economic effects of trading hours regulations through quantitative analysis of the sales revenue data of large retail stores. We introduce the data and methods of empirical analysis used to analyse the economic effects of trading-hour regulations on large retail stores. We use a panel regression to analyse the sales losses of large retail stores caused by the new constraints on business hours. Results - The results of this study show that the sales of large retail stores fell by the average of 3.4% per month during the regulation periods. However, regulations affecting large retail stores have various economic impacts, including variations in sales, changes in consumption patterns, and influences on consumer welfare and national economy. Conclusions - Such changes may also be captured by other metrics: accordingly, further researches are needed to measure the impact of regulations on economic indicators such as employment and GDP.

Analysis and Priorities of State Regulation of the Labor Market in Crisis Conditions

  • Yurii Shpak;Vitaliy Davydenko;Vаsyl Pasichnyk;Valentyna Zhukovska;Viktoriya Ivanyuta
    • International Journal of Computer Science & Network Security
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    • v.23 no.12
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    • pp.181-186
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    • 2023
  • The main purpose of the study is to analyze the features of state regulation of the labor market in a crisis. Structural shifts in the labor market are due to the transformation of public and economic relations in today's globalized world. Increasing competition, the development of the knowledge economy, information technology, changes in the content and forms of labor require updating the labor market regulation system. The research methodology implies the use of modern methods of analysis. The analysis of the features of state regulation of the labor market in crisis conditions is carried out.

Economic Value Evaluation for applying Intangible Cultural Resources to Tourism Policy: Focusing on 'Arirang' (무형 문화자원의 관광 정책적 활용을 위한 경제적 가치평가: 아리랑을 중심으로)

  • Tae-Hong, Ahn;Kwang Oh Kim
    • Asia-Pacific Journal of Business
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    • v.14 no.4
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    • pp.331-342
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    • 2023
  • Purpose - This study aims to develop a valid and appropriate method for measuring the economic value of intangible cultural resources. Design/methodology/approach - Building upon the concepts explored in many studies on the total value regulation of public goods or environmental goods, which are non-market value commodities, with a focus on the intangible cultural property Arirang, this study aims to formulate a new economic value concept for cultural resources that contributes to the overall economic total value, including non-use value. Based on this foundation, the study aim to identify and apply the most efficient model(CVM) among economic value measurement methods, as suggested by Tietenberg (2003). Findings - This involves estimating economic value through consumer behavior, encompassing the use or experience of cultural resources, as well as utilizing statements to estimate economic methods through consumer surveys. Only by presenting individual resource economic values of cultural resources in objective figures can a foundation be established for creating budgets and organizational structures to promote projects and policies. Research implications or Originality - Appropriate decisions can then be made by comparing these values with the expected costs in the management and planning process.