• Title/Summary/Keyword: Economics Growth

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The Low Carbon & Green Growth Policy and Green Life-Style, The Practical Implication and Vision on Family (저탄소녹색성장정책과 녹색생활양식, 가족에 대한 실천적 함의와 전망)

  • Choi, Youn-Shil;Sung, Mi-Ai
    • Journal of the Korean Home Economics Association
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    • v.49 no.1
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    • pp.79-91
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    • 2011
  • The purposes of this study were firstly to explore the practical implications that of 'low carbon and green growth' policy, which is at the top of the Government's agenda provides to family, and secondly to propose some visions for a future based on those implications. The results of this study were as follows: Firstly, in terms of a global perspective, there is now a worldwide trend towards the adoption of 'low carbon and green growth' policies. Secondly, the Government-driven 'green growth policy' demands a total transformation, that is, revolution, not only in terms of our industries, but also in terms of our mentality and ordinary life. Thirdly, the driving force for this life revolution lies in having green life style, and the family is the primary agent for making the green life style a practical reality.

An Impact of Budgetary Goal Characteristics on Performance: The Case of Vietnamese SMEs

  • LE, Thang Ngoc;NGUYEN, Dung Duc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.363-370
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    • 2020
  • The paper aims to investigate the impact of budgetary goal on profit growth directly and indirectly through managerial performance. Two main characteristics of budgetary goal mentioning in the study are the clarity of budget goal and the difficult of budget goal. Data of the research collected from survey with 197 department managers and supervisors of 80 SMEs in Hanoi and Ho Chi Minh City who have budgeting responsible. Firstly, by using quantitative research method Cronbach's Alpha and Exploratory Factor Analysis, the research show that characteristic of budgetary goal has significant and positive impact on profit growth directly. Secondly, the regression analysis among variables show that budget goal clarity was positively and significantly related to growth of sale revenue, growth of profit and managerial performance. Therefore, the empirical findings show that that managerial performance has mediating role in the relationship between budgetary goal characteristic and financial performance. The findings of this study suggest that that managers need focus on setting clearer and more difficult but attainable budget goals to increase firm performance. This paper also provides a new insight the relationship between managerial performance and financial performance. Budgetary goal characteristics still have positive but insignificant impact on growth of sales revenue.

Ready-Made Garments (RMG) Export Earnings and Economic Development of Bangladesh: Empirical Analysis Using Vector Error Correction Model

  • JIBAN, Abul Jannat;BISWAS, Gautam Kumar;YANG, Shaohua
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.10
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    • pp.29-38
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    • 2022
  • Ready-made Garments (RMG) export earnings, which are almost 80% of the total exports of Bangladesh, have been recognized as one of the main catalysts for the recent development of the country. Therefore, the need to determine whether the RMG export had served as a mechanism for increasing the GDP growth as well as the economic development of the country is topical and pressing. We have applied the Johansen Co-integration test and Vector Error Correction Model (VECM) to reveal the linkage of RMG export earnings and other variables with the GDP growth rate in Bangladesh. Using data from 1990 to 2020 for Bangladesh, we have found long-run as well as short-run associations among RMG Export earnings, Foreign Direct Investment (FDI), and GDP growth. A co-integration among the variables is validated through the Johansen Co-integration test. Moreover, a causal correlation running from RMG export earnings to GDP was revealed by the Granger causality test in the long run. Finally, we estimated impulse response functions to observe the variations of model variables in response to a shock. Our result supports the proposition that RMG export earnings are one of the main growth engines in Bangladesh and this sector leads growth in other sectors also in the long term.

The Impact of Globalization on CO2 Emissions in Malaysia

  • CHUAH, Soo Cheng;CHEAM, Chai Li;SULAIMAN, Saliza
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.295-303
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    • 2022
  • This study investigates the impact of globalization, coal consumption, and economic growth on CO2 emissions in Malaysia by applying the Kuznets Environmental Curve model. The study employed the Autoregressive Distributed Lag modeling technique on time series data over the period of 1970-2018 to determine the short and long-run relationship between CO2 emissions and a number of variables, including globalization, coal consumption, and economic growth. The results show that globalization increase CO2 emissions in both the short and long run in Malaysia. Furthermore, the results reveal that economic growth and coal consumption degrade the environmental quality by accelerating the CO2 emissions in the short-run and long run. As a result, the findings validate the Kuznets Environmental Curve hypothesis of an inverted U-shaped relationship between economic growth and CO2 emissions in the long run for Malaysia. The findings of this study suggest that higher globalization levels and usage of coal consumption degrade the environmental quality in Malaysia. The findings also indicate the effect of economic growth on environmental degradation is positive at the initial stage but improves after the economy achieves a threshold level of income per capita in the economic development process with an inverted U-shaped pattern in the long run.

Decomposition of Energy - Induced CO2 Emissions in Korea Using Log Mean Divisia Index Approach (로그 평균 디비지아 지수 기법을 이용한 이산화탄소 배출량 변화의 요인분해)

  • Chung, Hae-Shik;Lee, Kihoon
    • Environmental and Resource Economics Review
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    • v.10 no.4
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    • pp.569-589
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    • 2001
  • We examine historical contributions of inter fuel substitution, changes in carbon efficiency and energy intensity, growth of economy and population to Korea's $CO_2$ emissions from 1970 to 1998 using the log mean weight Divisia index method. The study reveals that economic growth is the most significant factor to $CO_2$ emissions growth among the five factors. Changes in the fuel substitution and carbon coefficient are found negative contributors to $CO_2$ emissions growth. Energy intensity, which played dominant role in halting $CO_2$ emissions growth in the 1980s, began to play reversed role in the 1990s. When evaluated with the log mean Divisia index technique, deterioration of energy intensity in the 1990s is found worse and expected to contribute $CO_2$ emissions growth further.

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Is Carbon Neutral Policy Compatible with Sustainable Economic Growth? (탄소중립은 지속가능한 경제성장과 양립하는가?)

  • Park, Hojeong
    • Environmental and Resource Economics Review
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    • v.30 no.2
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    • pp.347-364
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    • 2021
  • Carbon neutral policy in Korea pays limited attention to the concept of sustainable economic growth. This limitation can be compared with other countries' carbon neutral policies such as US, UK and China where the climate change policies are closely connected to economic policies to boost further economic growth. This paper adopts a Ramsey growth model to account for the impact of carbon neutral policy on long-term economic growth and the accumulation capital. The model incorporates the Hartwick rule to allow sustainability of economic growth by transforming resource input into other input factor for growth. The analysis provides a possibility of low accumulation of capital as a result of carbon neutral policy in the absence of effective transformation of fossil-fuel factor into growth-related productive capital. Such low capital stock can be more aggravated when there exists a rent-seeking behavior of various interest groups with voracity to exploit social capital.

A Study on the Development of Teaching - learning Module in home Economics Facilitation CAI and Group Discussion (CAI와 토론 학습을 연계한 가정과 교수-학습 모형개발)

  • 김미정
    • Journal of the Korean Home Economics Association
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    • v.35 no.1
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    • pp.221-236
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    • 1997
  • Koreans who put a high value on confucian ethics traditionally have considered sex problems as taboo. Being faced with western liberal and hedonic culture that comes with waves of industrialization our younger generation who has grown in cultural backgrounds of confucianism has had mental confusion. Due to higher standards of living physical growth has quickened but mental growth has not reached there instead. Because of lureand trouble which come from this problem related with sex this is considered as a social problem. In this research through judgement which the most effective way that can solve adolescence sex problems is systematic sex education teaching method for desirable sex education is presented asfollowing First some supplement and desirable direction of sex education were proposed through the analysis of eight currently using home economics texbooks. A lesson plan was proposed using CAI program which was developed by authors with assistance of professional computer programmers. The CAI program includes following curriculum contents: 1concepts of sex This study ultimately aimed to let students develop desirable attitude and perspective on value regarding adolescence and sex, For this goal of research another lesson plan was proposed fostering classroom group discussion.

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Analysis of Impact of Distribution Tool Railway Transport on The Economic Growth of Azerbaijan

  • AKBULAEV, Nurkhodzha;BAYRAMLI, Gadir
    • Journal of Distribution Science
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    • v.20 no.5
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    • pp.23-33
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    • 2022
  • Purpose: The purpose of this article is to study the theory of railway transport in Azerbaijan. And also to determine the economic importance of this mode of transport and analyze its relationship with the country's GDP. Research design, data and methodology: This paper studies the theory of railway transport with a focus on the case of Azerbaijan. The economic value of this type of transport is determined, and its relationship with countries' GDP was analyzed. A qualitative model of multiple regressions was developed to characterize the dependence of the GDP of Azerbaijan on the performance of the railway industry. The feasibility of the Gauss-Markov hypotheses was analyzed. Finally, an economic interpretation of the results from the developed model is provided. Results: The results show that the main factors of this dependence are the length of roads and the average monthly salary of employees of the railway industry in Azerbaijan. Conclusions: Therefore, it can be concluded that rail transport contributes to the country's economy. The commencement of active work on the new railway Baku-Tbilisi-Kars railway will increase contribution to the economy of Azerbaijan. The development of railway transportation is important for the country's economy, as it will contribute to the development of other sectors in Azerbaijan.

How Does Financial Development Impact Economic Growth in Pakistan?: New Evidence from Threshold Model

  • TARIQ, Rameez;KHAN, Muhammad Arshad;RAHMAN, Abdul
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.161-173
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    • 2020
  • This study examines the nonlinear relationship between financial development and economic growth in Pakistan using the threshold regression model for the period 1980-2017. We also employed quantile regression with 0.25, 0.50, and 0.75 quantiles of conditional distribution. The quantile regression is based on minimizing of sum of squared residuals. The result indicates that economic growth responds positively to financial development when the level of financial development surpasses the threshold value of 0.151. However, when financial development lies below the threshold value (that is, 0.151), its impact on economic growth is negative. Thus, when financial development of Pakistan surpasses the threshold level, it contributes more towards economic growth since greater level of financial development contributes more to boosts economic growth. This finding reveals that economic growth reacts differently to financial development, and the relationship between financial development and economic growth is U-shaped in Pakistan. Among the other variables, physical capital, labor force, and government expenditure exert a positive effect on economic growth. Furthermore, inflation rate and trade openness have an insignificant impact on economic growth. The results of quantile regression also confirm the non-linear relationship between financial development and economic growth in Pakistan. The finding of this study suggests revamping of financial sector policies in Pakistan.

A Recipe Development and its Biological Study for The Enriched Bread (영양 강화 빵의 제법 연구)

  • Lee, Ki-Yull;Ryu, Kae-Won;Kim, Chung-Ja;Park, Chung-Ja
    • Journal of Nutrition and Health
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    • v.2 no.1
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    • pp.29-34
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    • 1969
  • The nutrients such as protein, calcium, iron and all three of them, either by natural or chemical substances were added to the recipes of yeast breads. Acceptability test was carried for the each formulated bread before selecting eight experimental diets. Sixty albino rats were separated into ten dietary groups including eight enriched breads and two control diets of plain breads from the market, which were used as the carbohydrate sources of the each basal diet. Experimental regime was seven weeks. The growth rate, hematology, total serum protein and organ weights we compared. Generally animals on the enriched bread showed the better growth rate than the rats fed control diet. Diet H enriched protein, iron and calcium by natural foods, brought up the highest weight gain among all of the rats. Hemoglobin concentrations of the rats on the diet H and G (enriched with three nutrients by chemicals) were 14.3 and 14.2 gram % comparing with other two control groups (12.9 and 13.1 gram%). Rats on diet K (fed nothing but diet H enriched bread) showed the significantly higher growth rate, total serum protein and hemoglobin level than these on the diet L (fed only plain bread from the market).

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