• Title/Summary/Keyword: Economic impact analysis

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Comparative Analysis of Trade-Labor Linkage in FTAs of the US and EU (미국과 EU의 FTA에 나타난 무역-노동기준 연계에 관한 비교 분석)

  • Kang, Yoo-Duk;Ko, Bo-Min
    • Korea Trade Review
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    • v.41 no.3
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    • pp.1-25
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    • 2016
  • This study reviews international discussions about the trade-labor linkage and examines the labor chapters of FTAs enforced by the US and the EU from a comparative perspective. Since early 1990s, starting from the NAFTA, the US has included forceable labor provisions in its FTAs and this trend continues to the TPP which was concluded in October 2015. On the other hand, the EU's labor provisions in its FTAs have been composed of promotional elements on labor rights based on cooperations and dialogues. These different features of labor provisions in the US and European FTAs are mainly due to the motives of the FTAs of the US and the EU respectively as well as their domestic situations with regards to domestic law and institutional set-ups. The coordination of labor provisions involves a long-term institutional as well as regulatory convergence which triggers not only economic but also social changes, compared to a relatively short-term effect of tariff elimination. For Korea which has been a FTA partner country both with the US and the EU, it is significant to keep the different characteristics in the labor provisions in mind, particularly in the process of its implementation. Concerning the implementation of Korea-US FTA, it might be problematic if Korean law and its regulatory practice on labor-management relations do not comply with that of the US. The Korea-EU FTA case can also have an indirect impact on Korea's labor laws since it stipulates in its provisions that both parties should have discussions not only within each government but also with the civil communities including NGOs. Thus, Korea should pay more attention to the true meaning in labor provisions of both FTAs in order to promote its firms to be equipped with the right labor-management system in their operations abroad.

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How do people verify identity in the Metaverse: Through exploring the user's avatar (메타버스 내 아바타 정체성 확인에 영향을 미치는 요인에 관한 연구)

  • Kihyun Kim;Seongwon Lee;Kil-Soo Suh
    • Journal of Intelligence and Information Systems
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    • v.29 no.2
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    • pp.189-217
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    • 2023
  • The metaverse is a virtual world where individuals engage in social, economic, and cultural activities using avatars, which represent an alternate version of oneself within the virtual realm. While the metaverse has garnered global attention recently, research exploring the identity manifested through avatars within the metaverse remains limited. This study investigates the influence of four IT artifact characteristics related to avatar usage in the metaverse-avatar representation, avatar copresence, avatar profiling, and avatar-space interaction-on perceived avatar identity verification. A survey was conducted with 196 experienced users of the Zepeto platform, and hypotheses were tested using structural equation modeling. The analysis results indicate that the use of IT artifacts enabling avatar representation, avatar copresence, and avatar-space interaction has a positive impact on perceived avatar identity verification. This achieved self-verification indirectly influences the satisfaction and subsequent intention to continue using the metaverse. This study contributes to the academic field by empirically verifying the metaverse technological factors that influence the projected identity onto avatars within the metaverse. Furthermore, it is expected to provide effective guidelines for metaverse platform companies in designing and implementing the metaverse.

Analyses of Spectators' Expenditure Determinants in a Professional Baseball Team (프로야구 관람객의 소비지출 결정요인 분석)

  • Cho, Woo-Jeong;Choi, Eui-Yul
    • 한국체육학회지인문사회과학편
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    • v.55 no.1
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    • pp.457-467
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    • 2016
  • Understanding professional baseball fans' expenditure is expected to provide fundamental marketing information that help increase each team's marketing profits and values and produce a better economic impact on its community. In this regard, this study employed a survey method with a total of 372 residents located in Changwon. A questionnaire included factors such as demographics, consumption patterns and perceived socio-psychic effect(PSE), all of which were derived from literature review. A binary logistic regression was modeled with a dichotomous dependent variable, expenditure(30,000 won more or less). The following were input in the model as the independent variables in order to see the relationships; gender, marriage, education, occupation, income, location, age, leisure type, distance, companion, transportation, interest, and PSE. The results of the logistic regression analysis are as follows. Overall, the model was statistically significant, χ²(21, N=372)=59.159, p=.000. Cox and Snell R² was reported as .147 and .200 respectively. So, the model accounted for between 14.7% and 20.0% of the variation in expenditure. Among the independent variables, income, location, companion, and PSE were found to be the significant factors to expenditure. For income, subjects with 2 million won less of income, compared to those with 4 million won more, were .38 times less likely to pay the money of 30,000 won more. For location, subjects in Masan, compared to those in Jinhae, were 3.49 times more likely to pay 30,000 won more. Subjects in Changwon, compared to those in Jinhae, were 3.05 times more likely to pay 30,000 won more. For companion, people visiting the stadium alone, compared to those with friends/colleague, were .36 times less likely to pay 30,000 won more. For PSE, the odds of 30,000 won more paid increased by 1.37 times with one-unit increase in PSE.

Modification of SPT-Uphole Method using Two Component Surface Geophones (2방향 지표면 속도계를 활용한 SPT-업홀 기법 개선 연구)

  • Bang, Eun-Seok;Kim, Jong-Tae;Kim, Dong-Soo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.2C
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    • pp.109-120
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    • 2006
  • SPT-Uphole test is a seismic field test using receivers on ground surface and a SPT (Standard penetration test) source in depth. Even though this method is simple and economic, it makes hesitate to apply in real field that it is difficult to obtain reliable travel time information of shear wave because of the characteristics of SPT impact source. To overcome this shortcoming, in this paper, modified SPT-Uphole method using two component surface geophones was suggested. Numerical analysis was performed using finite element method for understanding the characteristics of surface motion induced by in-depth vertical source, and comparison study of the various methods which determine the travel time information in SPT-Uphole method was performed. In result, it is thought that the most reasonable method is using the first local maximum point of the root mean square value signals of vertical and horizontal component in time domain. Finally, modified SPT-Uphole method using two component surface geophones was performed at the site, and the applicability in field was verified by comparing wave velocity profiles determined by the SPT-Uphole method with the profiles determined by SASW method and SPT-N values.

GIS-based Estimation of Climate-induced Soil Erosion in Imha Basin (기후변화에 따른 임하댐 유역의 GIS 기반 토양침식 추정)

  • Lee, Khil Ha;Lee, Geun Sang;Cho, Hong Yeon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.28 no.3D
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    • pp.423-429
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    • 2008
  • The object of the present study is to estimate the potential effects of climate change and land use on soil erosion in the mid-east Korea. Simulated precipitation by CCCma climate model during 2030-2050 is used to model predicted soil erosion, and results are compared to observation. Simulation results allow relative comparison of the impact of climate change on soil erosion between current and predicted future condition. Expected land use changes driven by socio-economic change and plant growth driven by the increase of temperature and are taken into accounts in a comprehensive way. Mean precipitation increases by 17.7% (24.5%) for A2 (B2) during 2030-2050 compared to the observation period (1966-1998). In general predicted soil erosion for the B2 scenario is larger than that for the A2 scenario. Predicted soil erosion increases by 48%~90% under climate change except the scenario 1 and 2. Predicted soil erosion under the influence of temperature-induced fast plant growth, higher evapotranspiration rate, and fertilization effect (scenario 5 and 6) is approximately 25% less than that in the scenario 3 and 4. On the basis of the results it is said that precipitation and the corresponding soil erosion is likely to increase in the future and care needs to be taken in the study area.

The Impacts of Student Loans on Early Labor Market Performance (학자금 대출 경험이 노동시장 초기행태에 미치는 영향)

  • Yang, Dongkyu;Choi, Jaesung
    • Economic Analysis
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    • v.25 no.4
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    • pp.1-24
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    • 2019
  • This study examines the labor market performance of graduates who had student loans. Compared to earlier studies, we extended analyses to all jobs that were experienced for more than 18 months after graduation. First, we found that students who had student loans earned 2.81% less at their first job compared to their counterparts without student loans. Second, the wage gap decreased over time, a reduction of 0.66%p due to labor market turnovers. Third, when we compared cumulated labor income, however, the amount for borrowers were continuously higher. This is because the job searching period of a borrower was shorter, despite relatively lower wages at the first job, and borrowers also made more frequent job turnovers, accompanying relatively more wage increases. These results suggest that the negative effects of college loans on earnings, reported in previous studies, may have exaggerated the negative impact to some extent of having loans. However, when we look at the quality of jobs beyond simply wages, the proportion of borrowers working at large companies as regular workers was consistently low. Given that job conditions at the earlier stages of one's career may lead to gaps over time, our findings call for more systematic investigations into the effects that student loans have on long-term labor performance.

A Study on the Relationship Between Institutional Distance and Outward Foreign Direct Investment: the Case of China (제도적 거리와 해외직접투자의 관계에 관한 연구: 중국을 중심으로)

  • Ya-Xin Lin;Cheon Yu;Yun-Seop Hwang
    • Korea Trade Review
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    • v.48 no.4
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    • pp.23-45
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    • 2023
  • This study aims to investigate the relationship between institutional distance and FDI and focuses on China's outward FDI. The institutional distance between China and the host country is measured using the institutional quality published by the World Bank. This study collects panel data from 50 countries in which China invested from 2008 to 2019 and use the panel GLS methodology to examine the factors affecting outward FDI through three models. First, this study examines the impact of the absolute value of institutional distance on China's OFDI across all countries in which China invests. Second, this study divides countries with positive and negative institutional distance to China into two groups and examine the relationship between institutional distance and OFDI in each group. Finally, this study examines the non-linear relationship between institutional distance and OFDI from China. To test this, this study adds the squared term of institutional distance to the model. The results of the analysis are as follows Institutional distance is positively related to China's OFDI. The relationship between institutional distance and OFDI is inverted U-shaped in the group of host countries with relatively higher institutional quality than China, but positive in the group of low-quality host countries. In addition, China's OFDI is affected by a combination of institutional and economic factors. The results of this study have implications not only for FDI host countries but also for MNCs' choice of FDI destinations.

A Study on Analysis and Enhancement Strategy of South Korea's Defense Industry Exports Amidst Global Geopolitical Crisis (세계 지정학적 위기 속에서 한국의 방산수출 분석 및 강화 전략 연구)

  • Dongbum Kim;Youngsam Yoon
    • Convergence Security Journal
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    • v.24 no.2
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    • pp.181-188
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    • 2024
  • Amid global geopolitical crises that are heightening tensions worldwide, the importance of national security is being reevaluated. Consequently, South Korea is gaining attention in the global defense market due to its superior technology, competitive pricing, and rapid delivery capabilities. The increasing international demand for defense materials offers opportunities for the development of the domestic defense industry and has the potential to lead to long-term defense strategies and an expansion of exports. In particular, the development of future advanced weapons systems and the expansion of defense exports are likely to be possible through a deep understanding of the international political and economic situation and proactive defense diplomacy. This study analyzes the impact of current global geopolitical crises on Korea's defense industry and presents effective strategies based on these findings, including innovative improvements to defense acquisition systems and the discovery of overseas defense cooperation partners to strengthen defense exports. This strategic approach aims to balance domestic consumption with exports, enhance military strength, and improve the country's standing in the international community. Therefore, efforts are needed to ensure the sustainable growth of the defense industry, enabling South Korea to achieve economies of scale and play a pivotal role in the global defense industry.

The Status of Clay Minerals in Aggregates and Their Effect on the Concrete Performance (골재에 포함된 토분의 현황 조사 및 콘크리트의 성능에 미치는 영향)

  • Kim, In;Han, Min-Cheol
    • Journal of the Korea Institute of Building Construction
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    • v.24 no.4
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    • pp.393-402
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    • 2024
  • The Korean Industrial Standard(KS) KS F 2527("Aggregates for Concrete") does not explicitly define criteria for clay mineral content in aggregates. This lack of clear quality standards and testing methodologies is further compounded by a scarcity of relevant research within both academic and industrial spheres. Consequently, the construction industry, encompassing both aggregate production and utilization, often overlooks the management of clay mineral content due to its perceived economic implications. This study addresses this gap by investigating the current state of regulations concerning clay mineral content in aggregates, exploring the causes of its occurrence, and evaluating its impact on concrete performance. The chemical composition of the clay minerals was determined to primarily consist of Al2O3, Fe2O3, and SiO2, which are commonly found in clay. X-ray diffraction(XRD) analysis revealed that the predominant clay minerals were montmorillonite and illite, both known for their high absorption capacity. An examination of domestic and international standards for clay mineral content in aggregates demonstrated that the density and absorption rate specifications outlined in KS F 2527("Aggregates for Concrete") only offer indirect estimations of clay mineral levels. Furthermore, the investigation into the influence of clay mineral content on concrete performance suggests that a higher clay mineral content necessitates a corresponding increase in the unit quantity of aggregates to maintain adequate workability. This, however, has a detrimental effect on the compressive strength of the concrete.

Qualitative Approach to Quality of Educational Service in Bio-PRIDE Consortium University (Bio-PRIDE 공유대학의 교육 서비스 품질에 대한 질적인 접근)

  • Su-Hyun Ahn;Sang-Jun Lee
    • Journal of Practical Engineering Education
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    • v.16 no.4
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    • pp.599-609
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    • 2024
  • The government has introduced the Regional Innovation System (RIS) to establish regional innovation platforms, leading to the creation of the Bio-PRIDE shared university in the Chungbuk region, centered around the bio-health industry. The purpose of this study is to analyze the educational service quality of the Bio-PRIDE shared university through a qualitative approach. To achieve this, in-depth exploration of the experiences of students participating in the Bio-PRIDE shared university was conducted using Focus Group Interviews (FGI) and telephone interviews. The study identified three main findings: 1) Motivations for student participation included recommendations and support from professors, economic benefits and scholarships, the flexibility and convenience of remote learning, and the appeal of new learning experiences and challenges. 2) Experiences during participation revealed themes such as the effectiveness and challenges of remote classes, the value of providing up-to-date technology and content, student engagement and commitment, and communication and support from faculty. 3) The impact of participation after completing the program highlighted the importance of innovative learning experiences and expanded choices, the significance of information accessibility and learning support, the need for improved promotion and awareness of the shared university, and the necessity for administrative support and communication. In conclusion, the Bio-PRIDE shared university has successfully implemented educational innovation, offering students new learning experiences and contributing to the broadening of their academic perspectives. This study will serve as a foundational resource for improving the educational service quality and ensuring the successful operation of the Bio-PRIDE shared university in the future.