• Title/Summary/Keyword: Economic activity

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Prediction on the Economic Activity Level of the Elderly in South Korea - Focusing on Machine Learning Method Combined with Forecast Combination - (우리나라 고령층의 경제활동 수준 예측 - 머신러닝 기법과 연계한 예측조합법을 중심으로 -)

  • Kim, Jeong-Woo
    • Journal of the Korea Convergence Society
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    • v.13 no.5
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    • pp.237-247
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    • 2022
  • This study predicts the economic activity level of the elderly in Korea using various machine learning methods. While the previous studies mainly focused on testing the relationship between the economic activity level and the life satisfaction or the social security system, this study aims at the accurate prediction on the economic activity level of the elderly using various machine learning methods and the forecast combination. Dependent variables such as the activity rate, employment rate, etc and independent variables such as the income, average wage, etc compose the dataset in this study. Five different machine learning methods and two forecast combinations are applied to the given dataset. The prediction performances of the machine learning method and the forecast combination varied across the dependent variables and prediction intervals, but it was found that the forecast combination was relatively superior to other methods in terms of the stability of prediction. This study has significance in that it accurately predicted the economic activity level of the elderly and achieved the stability of the prediction, raising practicality from a policy perspective.

Development of a Numerical Model for Measuring a Comprehensive Regional Accessibility (종합지역접근성 측정모형의 개발)

  • 노정현;류재영
    • Journal of the Korean Regional Science Association
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    • v.10 no.2
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    • pp.61-71
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    • 1994
  • Despite of being the criteria to choose the efficient and reasonable alternatioves inactual planning process, the measure of accessibility rarely has applied to practices because each model has unexplicity concept of it and limitations in itself. Accessibility implies transportation system which offers opportunity of movement to overcome spatial separation and, simultaneously, land-use system which represents the location of each activity. Therefore, measures of accessibility have to represent the attractiveness of locations and the interactions of activities, that is, land-use and transportation, with an index. Considering that urban activity is based on the economic efficiency, costs and benfits, accessibility means the economic efficiency of the location of activity and the travel in view of land-use and transport repectively. Combined models that measure accessibility with considering land-use and tranportation simultaneously depend on reasonable concepts, but it is too simple for them to explain the accessibility which resulted from complex interaction of urban activities. Combined urban activity model developed by Kim (1983) and Rho (1989) explains the characteristics of activities in each regions and urban strcture in economic general equilibrium states in the long term of urban system. This model measures a regional accessibility with a dual variable which means the location surplus. This is a more systematic and comprehensive model for calculating the regional accessibility because it considers the interaction of each activity in urban system. It needs efforts to apply the accessibility index as a criterion in actual planning process through finding and quantitification of other explanatory variables to measure it in combined urban activity model.

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Characteristics of the One-Person Households of the Elderly during Widowhood -Regional Distribution, Socio-Economic Characteristics, and Determinants of Living Arrangement- (사별 후 혼자 사는 노인1인가구의 특성 -지역별 분포와 사회경제적 특성, 결정요인을 중심으로-)

  • Song, Yoo-Jean
    • The Korean Journal of Community Living Science
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    • v.18 no.1
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    • pp.147-160
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    • 2007
  • This research challenges the general notion of one-person households of the elderly during widowhood as impoverished, isolated, and vulnerable. Recognizing a high potential vulnerability, however, this research attempts to describe the diverse composition of one-person households of the elderly. For this purpose, relying on 2% sample data from the 2000 census, it examines regional distribution, socio-economic characteristics, and determinants of one-person households of the elderly during widowhood. Socio-economic characteristics of one-person households of the elderly differ by region. Jeju island is distinct in terms of sex and age distribution, and residence area of children. In general, rates of economic activity and self-subsistence are higher in provinces than in cities. Compared to the elderly living with family, the elderly living alone show high rates of economic activity, self-subsistence, and capability of physical activity. Results of logistic regression analysis of determinants of living arrangement are consistent with those of descriptive statistics. Those who are economically active and able to move around without assistance tend to live alone after the death of a spouse. Number of sons and living in an urban area are negatively associated with living alone, whereas females are more likely than males to live alone. According to the separate analysis by age, the positive effect of economic activity is greater in the oldest of the old than in other age groups. Those who possess high educational attainment tend to live alone when they are 80 and older, unlike other age groups. Based on these findings, this paper finds that one-person households of the elderly nay not always be the most vulnerable group, and are diverse in terms of socioeconomic characteristics.

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An Exploratory Study on Future Economic Activity of Digital Convergence Generation (디지털 컨버전스 세대의 미래경제활동 특성에 관한 연구)

  • Kim, Yeon-Jeong;Park, Ki-Ho
    • Journal of Information Technology Services
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    • v.10 no.4
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    • pp.33-46
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    • 2011
  • This research focus on the economic activity as consumer and producer traits of future customers in the convergence age. We assess level of convergence for digital devices and services respectively by questionnaire survey and interview for 14 professions. And then, for evaluating convergence level and usage of digital services of each respondents, we conducted the questionnaire survey for 343 samples. Findings of our research hold that the group who showed higher level of convergence tends to use the socialized digital services more. Convergence generation were heavy users in appstore on smart-phone and wireless game and more participating. In digital service area, facebook/cyworld, twitter, UCC, portal, internet community in digital service. Convergence generation are global network communication, buying decision making activity, actively opinion expression, prosumer attitude, dependency on digital device, experience based purchase behavior, enthusiastic information sharing.

Association between the Physical Activity of Korean Adolescents and Socioeconomic Status (우리나라 청소년의 신체활동과 사회경제적 변수와의 관련성)

  • Oh, In-Hwan;Lee, Go-Eun;Oh, Chang-Mo;Choi, Kyung-Sik;Choe, Bong-Keun;Choi, Joong-Myung;Yoon, Tai-Young
    • Journal of Preventive Medicine and Public Health
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    • v.42 no.5
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    • pp.305-314
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    • 2009
  • Objectives : The physical activity of Korean adolescents and its distribution based on social characteristics have not yet been fully assessed. This study intends to reveal the distribution of physical activity by its subgroups and offer possible explanatory variables. Methods : The 3rd Korea Youth Risk Behavior Web-based Survey was analyzed for this study. The appropriateness of physical activity was defined by Korea s Health Plan 2010 and physical inactivity was assessed independently. Family affluence scale, parents education levels, subjective economic status, grade, and school location were considered explanatory variables. All statistical analysis was conducted using SAS ver. 9.1. Results : The proportion of participants engaging in vigorous physical activity was high in males (41.6%), at a low grade (38.5%), within the high family affluence scale group (35.5%). The distribution of participants engaging in moderate physical activity showed similar patterns, but the overall proportion was lower (9.8%). Low family affluence and students with lower subjective economic status reported a higher prevalence of physical inactivity. In multiple logistic regression analysis for physical activity, significant factors included family affluence scale (p<0.05). For physical inactivity, family affluence scale, parents education levels, and subjective economic status were included as significant factors (p<0.05). Conclusions : The results suggest that the physical activity and inactivity of adolescents may be affected by socioeconomic variables, such as family affluence scale. This implies the need to take proper measures to address these socio-economic inequalities.

A Convergence study on the happiness and participating desire of economic activity among elderly living alone (독거노인의 행복과 경제활동의 참여욕구에 대한 융합 연구)

  • Lee, Byunglim;Kim, Doo Ree;Lim, Hyo Nam;Kim, Kwang-Hwan
    • Journal of the Korea Convergence Society
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    • v.9 no.8
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    • pp.109-116
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    • 2018
  • The study focuses on the relationship between the desire for economic activity and happiness among the elderly living alone. Qualitative research was conducted as a research method. Research participants were either go to the elderly community wellness center or volunteer at the center. The results were: First, it turned out that enjoying different programs and socializing with others at the community wellness center and the health of family were the factors of happiness to the elderly living alone. Second, the difference on the desire on economic activity among the elderly living alone was significant. Three groups could be categorized: the elderly who wants economic income through jobs, others who were wealthy, and others who do not struggle with their finance but wanted to continue their economic activity through part-time jobs. In average, the desire for economic activity was high but they wanted 2 - 3 hours of labor per day, considering their physical condition. In case of income, there were two groups, who desperately wants more income, and others who feel their income is sufficient. This study suggested a virtuous cycle of government support policies to the elderly living alone in economic and psychological perspectives.

A Study on the Divergence of Economic Activities between Rural Villages in Rural-Urban Ares : The Cases of Two Villages of Seojong-Myeon in Yangpyeong County (도시 근교 농촌마을 경제활동의 다양성에 관한 연구: 경기도 양평군 서종면의 사례)

  • Ko, Kyung-Ho;Kim, Tae-Yeon
    • Korean Journal of Organic Agriculture
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    • v.27 no.3
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    • pp.289-306
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    • 2019
  • The study is a comparative analysis of the differences in economic activities of two rural villages near the city. It is the general notion that rural villages near large cities lose the characteristics of traditional rural villages and change the areas with urban characteristics due to the influence of urbanization. The survey also showed that Munho 4-ri and Jeongbae 1-ri in Gyeonggi-do have urban characteristics, such as population growth, agricultural activity reduction and non-agricultural activity increase, and community activity reduction. However, they also found that there were important differences in the future development patterns of the two villages. In other words, the reasons and purposes of migration of people moving to the two villages, the differences in the system of economic activity in the villages, and the differences in community cooperation are emerging. Therefore, the study shows that policies to develop rural villages near cities need to be implemented differently based on the characteristics of those villages.

A Study of Local Informatization and Elderly Social Activity(Employment) Programs Participatory Intention: Economic Activity as a Moderating Variable (지역정보화와 장· 노년층의 노인사회활동(노인일자리) 지원사업 참여의지에 관한 연구 - 경제활동을 조절변수로-)

  • Lee, Mi-Sook;Kim, Hee-Sop;Hong, Soon-Goo
    • Journal of Korea Society of Industrial Information Systems
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    • v.21 no.6
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    • pp.53-69
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    • 2016
  • The purpose of this study is to analyze the factors of Elderly Social Activity (Employment) Programs participatory intention of middle and old aged and to figure out the undertone of research results. To achieve this aims, we conducted a literature survey on Elderly Social Activity Programs and local informatization, and then designed a questionnaire including the demographic information and the five variables, i.e., satisfaction on local informatization, satisfaction on health condition, satisfaction on economic condition, satisfaction on human relationship, and participatory intention of Elderly Social Activity (Employment) Programs. The data were collected through online and offline survey targeted those aged over 50 and participated in information literacy program in Korea. A total of 333 valid data were analyzed using SPSS and AMOS statistical packages. The results can be summarized as follows: satisfaction on local informatization and satisfaction on health condition have a statistically significant effect on Elderly Social Activity (Employment) Programs participatory intention. In the comparative analysis of two groups between economic active group and economic inactive group, only health has a statistically significant effect on their participatory intention in economic active group, not only health but also local informatization has a statistically significant effect on the their participatory intention in economic inactive group. Therefore, local informatization is an essential prerequisite and local informatization should be improved for the middle aged and elderlies who have willingness to participate in Elderly Social Activity (Employment) Programs.

How to Recover From the Great Recession: The Case of a Two-Sector Small Open Economy with Traded and Non-Traded Capital

  • Jeon, Jong-Kyou
    • East Asian Economic Review
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    • v.17 no.2
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    • pp.161-206
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    • 2013
  • Since the global financial crisis in 2008, the world economy has been suffering from the Great Recession characterized by high and persistent unemployment as well as drastic fall in asset prices. Real business cycle theory or new-Keynesian economics which has been the dominant paradigm in macroeconomics for the last four decades is unable to explain the high and persistent unemployment during the Great Recession. This implies that the economics of Keynes should be taken seriously again as a tool to explain the Great Recession. Farmer (2012) proposes a new way of interpreting the economics of Keynes by providing it with a solid micro-foundation based on labor markets with search. According to Farmer (2012), aggregate economic activity independently depends on the long-term self-fulfilling expectations about the stock prices. As a consequence, the government or the central bank should implement a policy that influences the public's confidence about the stock market. For an open economy like the Korean economy, it is not only stock price but also the price of asset such as house that matters more for the aggregate economic activity. Households in the Korean economy hold more than 70 percent of their wealth in the form of real estate asset, especially housing asset. This makes the public's confidence about the future prices of houses even more important in explaining the business cycles of the Korean economy. Policymakers should implement policies to improve the confidence of households about the housing market to recover from the recession caused by a fall in house prices. Little theoretical work has been done in explaining fluctuations in the aggregate economic activity from the point of house prices. This paper develops a small open economy model with traded and non-traded capital based on Farmer (2012) and shows that the aggregate economic activity also independently depends on the households' self-fulfilling expectations about the future prices of non-traded asset such as houses.

Organizational-Economic Mechanism of Attracting Investment Resources in the Innovative Development of Regions in Teams of Sustainable Development

  • Krasnonosova, Olena;Perepeliukova, Olena;Papp, Vasyl;Doronina, Maya;Romaniuk, Mykhailo
    • International Journal of Computer Science & Network Security
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    • v.22 no.2
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    • pp.376-384
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    • 2022
  • The article considers the features of the organizational-economic mechanism of attracting investment resources in the innovative development of regions in terms of sustainable development. Factors influencing the investment activity of regions in terms of sustainable development, including: institutional structure, intellectual capital, level of innovation infrastructure, business development, financial and credit component, level of human resources development, information environment, production development, environmental component. Factors influencing the attraction of investment resources in the regions are identified. The dynamics of changes in the volume of capital investments and foreign direct investment in Ukraine is analyzed. The regional features of the distribution of capital investments in the conditions of sustainable development are revealed. The essence of the main principles on the basis of which the organizational - economic mechanism of attraction of investment resources in innovative development of regions in the conditions of sustainable development should be formed is analyzed. A set of measures to regulate the investment processes of the regions has been identified. The mechanism of attraction of investment resources in innovative development of regions in the conditions of sustainable development is outlined. The results of activity of separate Agencies of regional development for 2020 in the direction of investment and innovation activity and increase of level of investment attractiveness of regions are analyzed. Important prerequisites for the effective implementation of the organizational-economic mechanism for attracting investment resources in the innovative development of regions in terms of sustainable development are identified. The main directions of directing the efforts of the organizational-economic mechanism to ensure the attraction of investment resources in the innovative development of regions in the context of increasing the level of investment activity in the regional aspect are substantiated.