• Title/Summary/Keyword: Economic View

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Comparison of International Competitive Power of Korea-Japan Plant Industry (한.일 플랜트 산업의 국제 경쟁력 비교)

  • 신용하
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.19 no.39
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    • pp.117-128
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    • 1996
  • Plant is production unit which consists of hardware for manufacturing like machinery, equipments and software for its installation like design, construction, supervision, engineering, know-how and trial operation. In the view of this, plant industry can be defined as an aggregation of manufacturers and sellers of plant. In this study, I would like to present the direction of cooperation for mutual benefit of Korea-Japan by understanding international competitive power of both countries' plant industry, which is not only growing as a national strategic industry, but also occupying the most important part in international economic cooperation.

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A Study of Work Values on the Students of Dental Hygiene Department (치위생과 학생들의 직업관에 관한 연구)

  • Lee, Sun-Mi;Kim, Seong-Chon;Han, Su-jin
    • Journal of dental hygiene science
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    • v.5 no.4
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    • pp.239-244
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    • 2005
  • The purpose of this study was to delve into the work values of dental hygiene students. The subjects in this study were 465 students who attended three different colleges in Gyeonggi province. After a survey was conducted, the collected data were analyzed with SPSSWIN 12.0 program. The findings of the study were as follows: (1) As for the type of work values, the largest group of the students investigated attached importance to pay and reputation, as they gave a mean of 4.18 to those things. In detail, they put the most emphasis on economic compensation since they gave it a mean of 4.42. (2) Regarding their detailed outlook, there was significantly strong positive correlation between their view of achievement and of competency, between their view of economic compensation and of position, and between their view of recognition and of position. (3) As to the impacts of their general characteristics, their work values in pursuit of self-realization was statistically significantly different according to their motivation of choosing dental hygiene(P = .042). Their school(P = .011), academic school year(P = .023), actual work experience as a dental hygienist(P = .045) and motivation of choosing dental hygiene (P = .023) made a statistically significant difference to their contribution- oriented view of occupation. And their work values that accentuated pay and reputation varied statistically significantly with their school(P = .000) and academic school year(P = .000).

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An Analysis of Effectiveness of Economic Sanctions and Inducements and Implications for Policies towards North Korea Based on Theoretical Applications from Prospect Theory (경제제재와 경제지원의 효과 분석 및 대북정책에 대한 시사점: 전망이론적 논의)

  • Park, Ji-Youn;Jo, Dongho
    • KDI Journal of Economic Policy
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    • v.35 no.1
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    • pp.1-32
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    • 2013
  • Economic sanctions and inducements are types of 'policy instruments' based on 'economic tools' to influence other international actors. Ongoing debates on sanctions and inducements have exposed drawbacks for relying on individual case studies. There are some studies in the literature that attempt theoretical analysis of sanctions and inducements, but they are mostly based on rational choice theory. In reality, however, there exist so many cases that cannot be explained by rational choice theory. These are called anomalies or exceptions. The literature introduces specific variables to interpret these anomalies and thus sacrifice the universality of the theory. From this point of view, prospect theory would present an effective tool to analyze economic sanctions and inducements. It is a behavioral economic theory that tries to model a decisions making process in reality. The theory says that people make decisions based on subjective value of losses and gains from an individual reference point, and that people evaluate these losses and gains using heuristics. Thus prospect theory could offer a different frame which has greater explanatory range without adding new variables. As a result of this study, target's losses of 'back down' towards economic sanctions loom larger when the reference point level increases, therefore, the effectiveness of sanctions decreases. However, target's losses of 'stand firm' towards economic inducements loom larger under the same condition of reference point, therefore, the effectiveness of inducements increases. The findings of the paper suggest meaningful implications to the economic policy towards North Korea.

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Organizational-Economic Mechanism of Providing Sustainability of the Region's Development Based on the Impact of the Potential-Forming Space in the Conditions of the Creative Economy Formation

  • Khanin, Semen;Derhaliuk, Marta;Arefieva, Olena;Murashko, Mykola;Nusinova, Olena
    • International Journal of Computer Science & Network Security
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    • v.22 no.2
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    • pp.348-356
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    • 2022
  • The article is devoted to substantiation of theoretical and methodical bases of formation of the organizational-economic mechanism of maintenance of stability of development of region on the bases of influence of potential-forming space in the conditions of formation of creative economy. It was found that the organizational-economic mechanism due to its multifaceted nature does not have a single generally accepted definition, and its acceptable scale and complexity is reflected in the structure, which is very dependent on the scope and conditions of its application, can be very different and contain different elements. In view of this, in order to highlight the characteristics that are inherent in the organizational-economic mechanism of sustainable development of the region on the basis of potential-forming space in the formation of creative economy, the article examines the properties and characteristics of direct organizational and economic mechanism. The necessity of basing the process of formation of any organizational-economic mechanism, including the organizational-economic mechanism of ensuring the sustainability of the region on the basis of the potential-forming space in the conditions of creative economy on the system of principles. In this context, the author's vision is proposed and a set of principles for the formation of organizational-economic mechanism for sustainable development of the region on the basis of the potential of the potential-forming space in the creative economy, as well as revealed the essence of each. According to the structural aspect, the organizational-economic mechanism of ensuring the sustainability of the region's development on the basis of the potential-forming space is proposed to be presented as a set of seven stages, which are implemented in a certain sequence. Within the limits of this research the sequence of realization of the stages making process of formation of the organizational-economic mechanism of maintenance of stability of development of region on the basis of influence of potential-forming space in the conditions of formation of creative economy is defined and their maintenance and essence is presented.

A analytical research into social and economic costs for each type of accident, injury and intoxication (사고·손상·중독 유형별 사회·경제적 비용분석에 관한 연구)

  • Yoo, In-Sook;Choi, Eun-Mi
    • Journal of Korea Society of Industrial Information Systems
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    • v.20 no.3
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    • pp.71-79
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    • 2015
  • In South Korea, few researches have been conducted into the incidence of injury diseases and into their demographic and sociologic characteristics. This research has estimated and analyzed the results of an questionnaire investigation carried out by the Korea medical panel (2008) and the social economic costs. In particular, an estimation has been conducted of social costs for each type of accident, injury and intoxication and of medical use for the injuries. For the future, it is necessary to develop concrete programs customized for age, education level, economic income and to continually implement injury prevention education, with a view to reducing the injury incidence and medical expenses; and also, individuals' participation in and social and national efforts are required for an efficient operation of the health insurance, for the purpose of reducing social and/or economic costs for injuries in South Korea.

The Analysis about Work Value of Undergraduates According to Major and Gender: In Focus of Engineering and Social Science Department (전공과 성별에 따른 대학생들의 직업가치관 분석: 공학 및 사회과학 계열을 중심으로)

  • Lee, Yong Kil;Kang, Kyung Hee
    • Journal of Engineering Education Research
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    • v.16 no.1
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    • pp.27-34
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    • 2013
  • The purpose of this study is to analyze work values of undergraduates according to major and gender. The result of this research is following. First, undergraduates from engineering and social science department took a very serious view of achievement and leasure of body and mind in work values. Second, undergraduates made much of achievement, job stability, leasure of body and mind, economic compensation and reputation. And undergraduates thought that internal value orientation was more important than external value orientation. Third, two groups had significant difference in service, knowledge pursuit, patriotism, economic compensation, reputation, and indoor activity. Fourth, the result of this analysis according to gender is following. Male undergraduates made much of leasure of body and mind, achievement, job stability, knowledge pursuit, and economic compensation in order. But female undergrduates made much of economic compesation, leasure of body and mind, achievement, and job stability in order. Fifth, that undergraduates make little of domain of service and patriotism gives a suggestion as to improvement of course education. As a result, this study is suggestive of instruction and advice in course search curriculum.

A Critical Review of Research on the Economic Valuation of Libraries (도서관 경제성 평가 연구의 비평적 분석)

  • Ko, Young-Man;Shim, Won-Sik
    • Journal of the Korean Society for Library and Information Science
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    • v.45 no.4
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    • pp.27-52
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    • 2011
  • The value of the library has always been recognized positively. Economic valuation of libraries and their services uses a concrete methodology that enables the quantification of library value and communication of said value among library stakeholders. This paper presents a comprehensive review of literature on economic valuation of the library based on a total of 89 studies conducted over the last quarter-century. Research on library valuation began in the mid-1990's with the formal exploration of the value of public libraries from a theoretical point of view. In the 2000's, various theories and methodologies were reviewed and put into actual measurement studies. The comprehensive review and analysis point to the need for the development of consistent and reliable set of methods, which will facilitate further application of methods and comparison of results.

Korean Exchange Rate Regime Change and Its Impact on Inflation in Comparison to Japan and Australia (한국 환율제도의 변화가 국내물가상승에 미치는 영향: 일본 및 호주와의 비교분석)

  • Lee, Byung-Joo
    • KDI Journal of Economic Policy
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    • v.28 no.1
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    • pp.193-218
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    • 2006
  • This paper examines the macroeconomic structural differences of the free floating exchange rate regime and the managed float exchange rate regime focusing on the Korean economy, and compares it to the two benchmark economies, Japan and Australia. Korea's shift to the free floating exchange rate regime from the managed float exchange rate regime came after the 1997 economic crisis. Korea's exchange rate policy provides a unique opportunity to study the different behaviors or roles, if any, of managed float and free floating exchange rate regimes. Based on a simple monetary model, we find that the exchange rates of Korea are more sensitive to the economic fundamentals under the free floating regime than under the managed float regime. Impulse response analysis shows that exchange rate pass-through into domestic variables, especially inflation rate, has a bigger short-term impact under the floating regime than under the managed regime. This finding is consistent with the view that the managed (or fixed) regime provides the domestic price stability necessary for the economic growth for the developing countries.

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A Public and Environmental Economic Analysis of Management Aspects and Institutional Management Framework of Marine Recreational Fisheries (해양낚시(해양유어)의 제도적 관리 타당성에 관한 공공경제학 및 환경경제학적 분석연구)

  • 이상고
    • The Journal of Fisheries Business Administration
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    • v.34 no.1
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    • pp.137-156
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    • 2003
  • Increasingly, leisure time is being used for outdoor recreational activities, and fishing is one of the principal forms of marine recreation. Marine recreational fishing is a popular activity in Korea and this activity has led to the development of a sector of substantial social and economic value. Also it is considered as one of the important outdoor leisure industries in Korea. With rising of income level and development of marine outdoor leisure industries, social, economic demand increase of marine recreational fishing are showing us new advance ability of marine aquatic bio-industry. However the recreational use of fish stocks has become an important consideration in the public and environmental economic analysis of management aspect of fishing, having grown considerably over recent years to reach a level in Korea where the fish stocks and coastal ecosystem has become a significant management problem. we are inevitably facing marine environmental deterioration and overfishing in marine recreational fishing. In this study, not only resources and environmental problems which are occurred by recreational fishers, but also illegal fishing behaviors and other problems such as market's failure are going to analyze basic management theories and methods of recreational fishing through mathematical principals and economic rents which maximize net social benefits. In view of the likelihood of marine recreational fishers adopting high rates of discount, the conservation of fish resources would appear to require continual public surveillance and control of the physical yield and condition of the fish stocks and the optimal use level. The institutional management of recreational fisheries is the way of escaping the collapse of recreational fisheries just like as the situation of management's failure of commercial fisheries worldwide. One of the effective management measure is a license system. In this system, optimal fee is paid by recreational fishers, which prevent them from overfishing, environmental problems to some extents and carry out the optimal number of outings. And money obtained by license fee should be spent for more improvement fishing culture and welfare for marine recreational fishing. Marine recreational fishing is to be promoted under sound conservation and management principles.

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The Development and Prospect for Economic Geography in a Knowledge-Information-Based Society (지식정보사회의 경제지리학 발전과 과제)

  • Han, Ju-Seong
    • Journal of the Economic Geographical Society of Korea
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    • v.11 no.3
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    • pp.273-301
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    • 2008
  • This study aims not only to examine the globalization, imformationization, and networking as background of knowledge-information-based society, but also to clarify the research fields of 'geography of knowledge' and further research themes for economic geography in a knowledge-information-based society. As a result of globalization, the degree of regional disparity, which had decreased with neoliberal policy in Europe and America in 1980's, has increased in early development states such as China and Eastern European countries. In opposition to the globalization that has led to increasing regional disparities at a global scale, many scholars argue that grassroots globalization or globalization from below is needed. Based on a pessimistic view on globalization, many maintain that unequal access to information has enlarged the gap between rich and poor. They also argue that the study of the geography of poverty is crucial in oder to solve the problem of bipolization. According to the world system theory, spatial grasp of commodity chains, actors' diversities, flows towards innovation in learning knowledges, and geographical, organizational, and institutional proximities are intertwined. Because these elements make significant influences each other in social networks, the interrelationships among those elements should be carefully considered. A 'geography of knowledge' deals with manufacturing, finance and service, media, cultural, and creative industries. Former researches in economic geography have tended to deal with those industries separately without attempting to make meaningful linkages among discussions on those industries.

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