• 제목/요약/키워드: Economic investment effect

검색결과 473건 처리시간 0.023초

동태적 Panel 분석을 통한 R&D투자의 지역효과 분석 (The Effect of R&D Investment on Local Economies Using Dynamic Panel Estimator in Korea)

  • 양지청
    • 국제지역연구
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    • 제18권3호
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    • pp.175-201
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    • 2014
  • 본 논문은 연구개발투자의 지방경제에 대한 효과와 관련한 논문이다. 연구개발투자는 구체적으로 피투자자의 고용증대와 생산성 증대를 통해 지역경제에 기여한다. 투자를 받은 기업과 기관(피투자자)은 증가된 생산성과 매출액, 고용증가로 만족할 수 있다. R&D 차원에서는 중앙정부 R&D 펀드나 기업의 자체투자 등이 해당된다. 혁신은 기업 내에서만 존재하는 것이 아니라 regional innovation도 연구대상이며 연구개발투자가 한 지역에서 중앙정부 펀드건 기업체 자금이건 진행되면 지역 내 연구 인력, 연구기관 등이 작동되고 성과로 지역 내에 특허, 지적 재산권 등이 증가될 것으로 가정할 수 있다. 좀 더 진전된 긍정적인 효과는 지역산업과 내재적인 관계에서 출발한다. 이 연구는 한국의 panel 데이터를 사용하여 연구개발투자의 지방경제에 대한 효과와 관련한 실증분석 사항이다. Lag 종속변수를 가진 Autoregressive 모형을 통해 Dynamic Panel 추정치가 구해졌으며, Da Silva 방법을 사용하여 혼합된 Variance-component moving average error process가 추정되었다. 연구개발투자는 지역의 생산성을 향상시키는 데 매우 중요한 요소이며 효과의 크기는 한국경제 역사에서 기간에 크게 의존한다.

중국의 농업기술진보와 농업환경보조금이 농업발전에 미치는 동태적 파급효과 - 동북 3성을 중심으로 - (The Dynamic Effects of China's Agricultural Technology Progress and Agricultural Environment Grants on Agricultural Development - Focusing on 3 Dongbei Province in China -)

  • 김림;문홍성
    • 농촌계획
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    • 제26권3호
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    • pp.57-65
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    • 2020
  • Agricultural research and development (R&D) investment has contributed not only to agriculture but also to the overall economic growth of the country. The recent arrival of the fourth industrial revolution has raised the need for agricultural R&D as a preparation. Agriculture R&D is directly related to the fourth industrial revolution in the agricultural and livestock sectors that utilize big data, robots, artificial intelligence and cloud. Meanwhile, subsidies or grants are considered the most widely used means of policy. Therefore, in light of the current situation in which Chinese agriculture values R&D investment, this study attempted to analyze the dynamic relationship between variables by establishing a model of agricultural environment subsidy representing the role of government, agricultural technology progress representing existing agricultural R&D investment, agricultural income representing agricultural development and total agricultural output. The analysis results showed that each variable's reaction to the rise in China's agricultural R&D investment has a positive effect on agricultural development, in line with the theory that the investment in science and technology in the agricultural sector has a positive effect. In addition, the response of each variable to China's rising agricultural environment subsidy is shown to have a positive relationship, which can also be said to be in line with the theory that the government's market-friendly intervention is beneficial to economic development.

The Impact of ICT Goods Imports on Economic Growth: Evidence from Asia-Pacific Countries

  • Yoon, Sang-Chul
    • Journal of Korea Trade
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    • 제23권7호
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    • pp.1-12
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    • 2019
  • Purpose - This paper empirically investigates the relationship between Information and Communication Technology (ICT) goods imports and economic growth with a focus on the 13 Asia-Pacific economies during 2005-2016. In particular, this paper extends the study by breaking down the data of Asia-Pacific countries into High Income Countries (HICs) and Low Income Countries (LICs) according to the difference of income levels. Design/methodology - Our empirical model employs the standard growth model based on the Barro (1998)-type growth framework. Using static panel-data technique, we estimate the effect of ICT goods imports on economic growth in the 13 Asia-Pacific economies. In addition, we also estimate a difference of the ICT goods imports-economic growth link between HICs and LICs. Findings -The estimation results indicate that ICT goods import has a significant positive effect on economic growth, while ICT goods export has a positive but statistically insignificant effect on it. When we break down the panel data into HICs and LICs in order to gain further insight, ICT goods imports has been effective in spurring growth in only LICs but not in HICs. The other supplementary results show that both domestic investment (GCF) and life expectancy (LE) have a significantly positive impact on economic growth in both HICs and LICs. Originality/value - The main findings of the paper suggest that ICT goods imports has a positive effect on economic growth in only LICs but not in HICs. This result supports the so-called 'leapfrogging' hypothesis through ICT goods imports in the Asia-Pacific countries, in which LICs are gaining more from ICT goods imports than HICs.

Different Types of Liberalization and Jobs in South Korean Firms

  • Kim, Hyuk-Hwang;Lee, Hongshik
    • East Asian Economic Review
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    • 제19권1호
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    • pp.71-97
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    • 2015
  • This study examines the effects of several factors indicating economic openness-imported intermediate goods, total imports, IFDI (inward foreign direct investment), and foreign ownership-on regular, irregular jobs and the ratio of irregular employment to regular employment. Findings revealed that imported intermediate inputs and IFDI affected neither regular nor irregular job figures. However, an increase in total imports led to a decrease in the number of irregular jobs without affecting regular full time jobs, leading to a decrease in the ratio of irregular jobs to regular jobs. On the other hand, changes in foreign ownership structure had a contrary effect, that is, a decrease in the number of regular jobs and an increase in irregular ones, and, thus, an increase in the ratio of irregular jobs to regular jobs. Overall results showed that a rise in imports results in depressed overall employment, irregular employment in particular, while more IFDI results in more irregular jobs replacing regular ones, effectively exacerbating job insecurity. The implication of this analysis is that greater economic openness may have a negative impact on the South Korean labor market overall.

정보기술의 경제적 효과 : 정보화수준과 생산성의 실증적 관계 (Economic Impact of Information Technology : Empirical Relationship between Informatization level and Productivity)

  • 조세형;정용균
    • 정보기술응용연구
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    • 제3권2호
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    • pp.25-48
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    • 2001
  • 최근 기업차원뿐 만 아니라 국가적 차원에서도 정보기술에 대한 투자 및 활용에 많은 노력을 기울이고 있다. 본 연구는 이러한 노력이 과연 가시적인 경제적 효과를 가져오는가를, 정보화수준과 생산성의 관계를 통해 알아보고자 한다. 특히, 거시적 차원에서 국가의 정보화수준이 국가경제생산성에 미치는 영향을 분석하기 위해, 주요 국가들의 정보화와 생산성에 관한 제반 통계자료를 수집하여 정보화지수 성장률과 총요소생산성(TFP : Total Factor Productivity) 및 노동생산성 성장률 등을 측정하고, 이들 개념간의 관계를 실증적으로 분석하였다.

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The Impact of Institutional Quality on FDI Inflows: The Evidence from Capital Outflow of Asian Economies

  • LE, Anh Hoang;KIM, Taegi
    • The Journal of Asian Finance, Economics and Business
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    • 제8권8호
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    • pp.335-343
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    • 2021
  • This paper investigates the effect of institutional quality on FDI inflows by using FDI outflows from Asian countries from 2009 to 2017. We used the FDI data from five major Asian economies, which are South Korea, China, Japan, Singapore, and Hong Kong. The gravity model was used to examine the effect of institutional quality on FDI flows. The regression model considers several independent variables, and we select the most appropriate variables by using the Bayesian Model Averaging (BMA) estimator. We have shown that foreign direct investment from Asian countries depends on the size of home and the partner countries, geographical distance, trade interaction between two countries, economic freedom, labor supply, tariff rate, and capacity of the government. The results of different estimation techniques emphasize that multinational enterprises prefer to invest in those countries which have a higher income, which shows the evidence for Lucas's paradox. The results also show that economic freedom and control of corruption have a positive impact on FDI inwards. The regression results show that better institutional quality in host countries encourages more FDIs from Asian economies. It suggests that the state should control corruption and create a free economic environment to attract FDIs.

The Financial Behavior of Investment Decision Making Between Real and Financial Assets Sectors

  • HALA, Yusriadi;ABDULLAH, Muhammad Wahyuddin;ANDAYANI, Wuryan;ILYAS, Gunawan Bata;AKOB, Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.635-645
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    • 2020
  • This research was conducted to achieve several objectives and focus research was based on financial behavior theory and prospect theory as grounded theory e.g., investigate the financial decision-making behavior between financial and real assets investment, and confirm the relationship existing between herding behavior and overconfidence factors to the level of loss and regret aversion, and financial literacy into real assets investment decisions. The study used 220 real estate auction respondents as investor samples at the State Assets and Auction Service Office Makassar, South Sulawesi, Indonesia. Data was collected through the use of a questionnaire consisting of 23 questions to measure the variables. Moreover, the research data passed through several feasibility tests like the inner and outer modeling by Partial Least Square - Structural equation model (PLS-SEM) while the hypotheses formulated were also tested to determine the magnitude of the variable relationship. Through the use of the direct and intervening test, loss and regret aversion variables have a positive and significant effect while financial literacy variables have no significant effect. There is a slight difference in the decision-making process for real assets and financial assets investors. Investment decision making behavior in the financial assets sector requires less complicated decisions compared to the decisions related to real assets investments.

디지털 치료기술 산업 육성에 따른 투자와 경제적 파급효과 (Investment and Economic Ripple Effects from Fostering the Digital Treatment Technology Industry)

  • 김재현;문종윤;장지은;심정연;신재용
    • 보건행정학회지
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    • 제30권4호
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    • pp.438-443
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    • 2020
  • The digital treatment technology industry is one of the core fostering industries of the Moon Jae-in government along with the global trend. The purpose of this study is to compare and analyze the investment and economic ripple effect on the related industries. To this end, we used the industry-related table, which is the actual measurement data for 2015 that the Bank of Korea actually measured and released every 5 years in 2019. The digital treatment technology industry was not clearly classified within Korea's industrial classification system, so the contents of the industry-related survey were analyzed, and the digital treatment technology industry was reclassified and then analyzed. As a result of the analysis, it was analyzed that the production induction effect of the digital treatment technology-related industry in 2015 was 1.770, the value-added induction effect was 0.875, and the employment induction effect was 19.128, which was higher than that of other industries in Korea. As a result of the analysis of the economic ripple effect (scenario 1), the production inducing effect was about 370 billion won, the added value inducing effect was about 185 billion won, and the employment inducing effect was 4,044 people. The results of this study are expected to play a large role in economic revitalization as the effect of inducing production, increasing employment, and creating added value through fostering the digital treatment technology industry is expected to play a large role in activating the economy. It is expected to play a large role in providing central medical services. Therefore, it is expected that policy support for revitalizing the digital treatment technology industry through active investment support and tax benefits from the government to foster the digital treatment technology industry is necessary.

건축과 도시개발의 사회경제적 주요 영향과 효과에 관한 역사적 고찰 (A Study for the Historical Consideration of Social Economical Main Impacts and Spread In Architectural and Urban Development)

  • 이동헌
    • 건축역사연구
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    • 제14권4호
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    • pp.177-195
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    • 2005
  • Tough Korean architecture and urban environment has been developed for almost 100 years, it still remains various kinds of problems. Many attempts was carried out by every new plan to reduce the problems, it result in requiring more investment than before. It means all the investment for the development has been inefficient and immature to protect economic problems compared with the developed country. For the reason of economic problems it must be studied in historical cases which influenced the economic impacts, before the proposal of index with the economic theory. Searching typical architecture or urban development that brought about economic impacts can be classified into 3 cases. First case is the impact that caused the economic growth, increase, boom like the Westminster & others and the american architectures after the economic crisis. Second case is the impacts that was the origin of decline, shrink in economic as the Palace of Versailles, the skyscrape buildings in america before the economic crisis. Third case is the impact that was the both role of increase and decline in economic as the modern architecture in industrial revolution which led to the national economic growth and the gap between the rich and the poor, and as the american architecture that was the root of crisis and the revival in economic. From the case study, it is clear that architecture has relation with economics in various factors as mass production, labour, and another industries all over the history & the world. Now, architecture strongly needed not only to raise functional, cultural effect and value, but to predict and control the economic impacts with theory from further research of historical cases to policy and practise.

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국내기업과 외국인직접투자(FDI)기업의 경영 몇 기술혁신 성과 비교 (The Comparison on Firm's Management and Innovation Performance According to Foreign Direct Investment)

  • 최석준;서영웅
    • 기술혁신학회지
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    • 제13권3호
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    • pp.446-458
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    • 2010
  • 세계 각국은 과거부터 경제성장과 성장동력의 확보를 위해 꾸준히 외국인직접투자를 유치해왔으며 이는 우리나라도 예외가 아니다. 실제로, 각종 정책적 지원을 통해 양질의 투자를 유치하고 있고, 정부차원에서도 하나의 성과로 홍보하고 있다. 기존의 연구가 대부분 국가경제적 차원에서 외국인직접투자의 성과를 분석하고 있는 것에 그치고 있는 것에 착안, 본 연구는 이러한 외국인직접투자가 기업의 경영성과와 혁신성과에 긍정적인 효과를 미칠 것으로 가정하고 PSM 방법을 통해 실증분석을 하였다. 분석결과 매칭 전에는 외국인직접투자가 경영성과와 혁신성에 모두 양(+)의 효과를 미치는 것으로 나타났으나, 매칭 후에는 모두 통계적 유의성을 상실하여 외국인직접투자가 기업에 미치는 긍정적인 효과가 생각보다 부진하다는 것을 알 수 있었다. 이러한 분석결과는 정부의 외국인직접투자 인센티브 효과가 기대했던 것에 비해 적으며, 추후 정책에 대한 개선이 필요한 것으로 판단할 수 있다.

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