• East Asian Journal of Business Economics (EAJBE)
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• v.12 no.1
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• pp.13-22
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• 2024

Purpose: The purpose of this study is to investigate impact of smart city awareness on citizen satisfaction and to measure various factors influencing smart city competitiveness that were rarely addressed in previous studies. For the impacts on the competitiveness of smart cities, this study explored the effects of data-driven service, economic impact, social trust through sharing, environmental protection, and sustainable growth. Research design, data and methodology: To collect data, this study employed an online survey conducted by a reputable research organization. Data analysis involved the use of factor analysis, ANOVA, and regression analysis. Results: This study identified key aspects important for enhancing citizen satisfaction. Furthermore, this research unveiled the significant impacts of data-driven service, economic impact, social trust through sharing, environmental protection, and sustainable growth on the competitiveness of smart cities. Conclusions: The results yield valuable managerial and policy implications. The study suggests that enhancing citizen satisfaction through improved awareness of the smart city is crucial for effective city marketing management. Additionally, the results highlight special aspects necessary to improve smart city competitiveness, including the implementation of promotional policies supported by the government, promoting global competitiveness for domestic companies, and fostering citizen participation for effective city marketing management.

• Korean Journal of Organic Agriculture
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• v.32 no.1
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• pp.1-24
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• 2024

Considering the continuous growth in the production and consumption of Gastrodia elata, it's crucial to accurately understand the consumer demand for Gastrodia elata products and develop health products tailored to consumer preferences. In this study, we surveyed 400 consumers each from South Korea and China to gauge their perceptions and buying intentions concerning Gastrodia elata products. The results revealed that Korean consumers predominantly evaluate Gastrodia elata products based on health consciousness, whereas Chinese consumers emphasize the product's external characteristics. In Korea, Gastrodia elata products are mainly promoted for their health benefits and are primarily consumed in ingestible forms. In contrast, in China, Gastrodia elata is frequently used as a culinary ingredient. These findings underscore that consumer perceptions and buying intentions can differ depending on how a product is advertised and presented. Future studies should take into account the evolving international Gastrodia elata market and the surging demand, incorporating diverse countries and cities. It will also be imperative to maintain ongoing monitoring, drawing insights from the industrial growth drive model.

• Journal of the Korean Society of Clothing and Textiles
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• v.32 no.4
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• pp.517-529
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• 2008

The education status of the body make-up foundations for teenage girls was evaluated and their purchase & wearing behaviors and the level of satisfaction were studied to analyze the relationship between education level and wearing satisfaction. The research was conducted for 728 middle and high school girls in Seoul and Incheon area, by the questionnaire method. The collected data was analyzed by SPSS. Frequency, percentage, average, standard deviation, $X^2$-test, t-test, and ANOVA were performed. Among various foundation education contents learned in home economics class, most students were aware of the kind of underwear, the fiber content & management methods, laundry methods, and the kind and function of foundations. While more than 80% of all respondents didn't know about the size of foundations. As a results, most of students realized the influence of foundation wearing on the human body, selection methods for brassiere and girdle according to form and age, and matters to be attended to wear brassiere and girdle. The education standard, practical use, and awareness degree on the side effects, and the need for foundation education were positively related each other. Therefore, it is very important to educate teenage girls in the fast growth period the right selection of foundation and its effect on body health, in order to provide normal growth and healthy body.

• Journal of Korean Society of Forest Science
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• v.81 no.3
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• pp.280-286
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• 1992

When the social cost-benefit analysis is applied for analyzing the public forestry investment, the choice of discount rate to be used in analysis is critical. In this paper, the social discount rate discussed in the public economics was introduced and the social time preference rate as a measure of that was estimated for Korea. The component parameters of the model used are : the elasticity of social marginal utility of consumption and the growth rate of real consumption. The results for the social time preference rate and the elasticity of social marginal utility of consumption are 6.2% and -1.38, respectively, which are plausible and thus can be used as a useful basis in establishing rational resource allocation policies.

• Journal of Labour Economics
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• v.40 no.4
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• pp.91-114
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• 2017

This paper shows that when children's ability is heterogeneous, a parent's choices about educational expenditures and fertility follow a pooling equilibrium or a separating equilibrium. Which of the two equilibria will prevail depends on the probability of getting a high-ability child as well as productivity differentials in producing children's adult human capital. Adopting the model of Acemoglu's (1999), this paper presents that the outcome of the pooling choice in the pooling regime and the outcome of the separating choice in the separating regime make the growth rate of human capital higher than otherwise. In addition, as the probability of a high-ability child increases, the growth rate of human capital in the separating equilibrium exceeds that in the pooling equilibrium.

• Journal of environmental and Sanitary engineering
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• v.8 no.2
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• pp.49-64
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• 1993

The present waste problems require a change of thinking with regard to conventional economics. It has been generally believed that competitive markets maximize social welfare. But, the other hand, a few economists argue that "the competitive markets cannot always be relied on to provide all goods in the efficient amount." One of the best examples of the latter contention is the environmental problem. What is the basic thinking of the conventional economics that causes this problems \ulcorner What is the present problem that requires the change of conventional economic thinking \ulcorner The environmental problem result from the conventional economic thinking such as pursuing the limitless of the Gross National Product(GNP), believing the increasing returns in economics of scale and the efficiency of competitive market. This economic principles, howe- ver, does not apply currently to public goods, especially environmental amenity and natural resource because the price of markets does not reflect the natural goods of services. We call this eternality. Externalizes are no considered by either buyers or sellers of goods of which production or use results in an eternality. This leads to market failure are causes an waste problem in the economic activities. Today, it is almost impossible to say in a word what the solution for waste problems is because they are by-products complicated and entangled human activities. In this paper, I have introduced the causes of environmental problems only from the economic point of view. I have also described the needs of conversion of conventional economic thinking. Firstly, sustainable development, maintaining the natural resources, should be the basis of the economic growth rather that pursuing the limitless growth of GNP. Secondly, an appropriate scale of human's production activity should be taken into account to reduce the impact to the natural environment. Thirdly, internalization of eternality is asked to correct the market failure. This requires the public policy such as imposing a talsubsidy, assigning a property right or implement a more detailed environmental quality standard through, because use of the natural resources can be. allocated optimally by the intervention of government or social associations.

• Agribusiness and Information Management
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• v.11 no.2
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• pp.25-34
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• 2019

Poultry is one of the three major meats in Korea and is a representative source of protein. The annual per capita consumption of chicken has been showing steady growth trends, with an increase of approximately 89% in 2018 compared to that of 2005. In this study, we investigated the domestic chicken production and consumption, and conducted an overall study on the domestic chicken industry. By using consumer panel data, we analyzed the characteristics of consumers buying chicken. Specifically, poultry was categorized into two types: traditional raw chicken and processed chicken, which emphasizes convenience. The purchase of raw chickens has generally been on the decline. From these, however, the proportion of native Korean chicken and chicken cuts is on the rise. Processed chicken, on the other hand, continues to grow, especially online. After examining the consumption characteristics of consumers who buy chicken, it was found that the purchase share increased with increasing age of native Korean chickens, whereas the purchase share increased with decreasing age of processed chicken. Based on these results, we confirmed that it is necessary to establish differentiated marketing and promotion strategies for each consumer target for the growth of chicken market.

• Environmental and Resource Economics Review
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• v.28 no.1
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• pp.1-37
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• 2019

This study investigates the convergence in per capita $CO_2$ emission by income group for an unbalanced panel of 152 countries from 1980 to 2013 using beta and sigma convergence model. Absolute beta and sigma convergence differed by $CO_2$ emission reduction policies in each countries. Conditional beta convergence shows that per capita income has a negative effect on growth in per capita $CO_2$ emission. In particular, better-quality institutions and technology accelerated the negative effect of per capita income on the speed of convergence of per capita $CO_2$ emission in high-income countries. For middle-income countries, the growth of income affected the convergence of $CO_2$ emission per capita, but institutional quality has an insignificant impact. On the other hand, improvements in the level of technology have a mitigating effect on the negative impact of income in middle-income and low-income countries, contributing to the increase in $CO_2$ emission.

• International Area Studies Review
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• v.15 no.1
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• pp.267-288
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• 2011

As world trade becomes more active and expansive, job mobility has progressed correspondingly in growth. In particular, high-skilled scientists (including advanced-degree holders) now possess the option of various occupational and residential mobilities. We explain the "brain drain" by using two empirical examples. One concerns the U.S. experience of foreign-born Ph.D holders living and working in the United States. The other pertains to the Korean experience, where Korean-origin and foreign-born experienced scientists are actively recruited by the government. We also explore the necessary conditions for recruiting and keeping advanced-skilled scientists, the attainment of which will result in strong future economic growth.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.6
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• pp.109-116
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• 2020

The study examines the nexus between financial development and economic growth in India during Q1: 1996 to Q3: 2018. This study employs time-series data of real GDP and ratio of broad money to GDP as a proxy for economic and financial development, respectively. The data are obtained from RBI database on the Indian economy. All variables are seasonally adjusted using X12-arima technique and expressed in natural logarithm form. Non-linear Autoregressive Distributed Lag (NARDL) bound test has been used to check for cointegrating relationship of these two variables. Empirical findings suggest that, unlike in the short run, in the long run financial development does impact economic growth positively. Further, a symmetric effect of positive and negative components of financial development is found for the Indian economy, whereas the effect of control variable like exchange rate and trade openness is in consonance with common economic intuition. Exchange rate is in consonance with intuitive economic logic that a fall in exchange rate makes exports cheaper and increases the quantity of export, which improves the balance of payment and leads to a rise in aggregate demand, hence improves economic growth. This paper contributes to the existing literature on India by breaking down financial indicator into positive and negative components to examine the finance-growth relationship.