• 제목/요약/키워드: Fiscal Status

검색결과 16건 처리시간 0.02초

Donor Country's Fiscal Status and ODA Decisions before and after 2008 Global Financial Crisis

  • Ahn, Hyeonmi;Park, Danbee
    • 산경연구논집
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    • 제9권1호
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    • pp.25-38
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    • 2018
  • Purpose - The purpose of this study is to empirically investigate the impact of donor's fiscal status on aid decisions before and after the 2008 global financial crisis. The effects on aid can change depending on the donor country's fiscal status and the period of financial crisis. Research design, data, and methodology - A fixed effect regression and dynamic panel GMM is conducted using a comprehensive dataset combining 31 donor and 167 recipient countries during 1996-2015. The key explanatory variable is central government debt-to-GDP ratio of donor country. Recipient countries' GNI per capita, population, governance indicators, and bilateral trade-to-GDP ratio between donor and recipient countries are included as control variables. Results - We can confirm the relationship between donor country's fiscal status and aid flow. The cyclical component of government debt is found to have a negative impact on grant decisions particularly after the 2008 global financial crisis. This effect becomes larger in the countries with high government debt-to-GDP ratio. ODA decisions from the countries with low financial constraint do not significantly affected by the recipient countries' factors such as GNI, population, and governance indicator. Conclusions - Based on the empirical results of this study, the source of aid should be diversified by incorporating private sector and innovative financing sources.

국가의 재정분권이 복지재정에 미치는 영향 : OECD 19개 국가를 중심으로 (The Impact of national fiscal decentralization on welfare fiscal expenditure)

  • 이슬이;홍경준
    • 사회복지연구
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    • 제49권3호
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    • pp.35-60
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    • 2018
  • 본 연구는 탈산업사회를 경험한 복지국가들이 중앙정부의 재정 압박과 새로운 사회적 위험에 대해 지방정부 책임과 역할의 확대를 포함한 지방분권을 그 대응방안으로 삼았다는 점을 주목하여, 재정분권이 복지재정에 미친 영향을 파악하고자 하였다. 이는 복지재정의 다면적 특성에 따라, 재정분권이 복지지출에 미친 영향과 현물급여 비중에 미친 영향을 파악하는 것으로 구체화되었다. OECD 19개 회원국의 1997년에서 2013년까지의 시기를 대상으로 한 결합시계열회귀분석 분석결과는 다음과 같다. 첫째, 재정분권 수준이 증가할수록 국가의 복지지출 수준은 감소하는 것으로 나타났다. 둘째, 재정분권 수준이 증가할수록 전체 복지지출 중 현물급여의 지출이 증가하는 것으로 파악된다.

The Public-Private Partnerships and the Fiscal Soundness of Local Governments in Korea

  • LEE, HOJUN
    • KDI Journal of Economic Policy
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    • 제39권1호
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    • pp.41-82
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    • 2017
  • This paper studies the risks associated with local finance in Korea by identifying the financial status of each local government, including the financial burdens of PPP projects, and examined governmental future burdens related to PPP projects. We reviewed all fiscal burdens associated with projects, such as, for BTL (Build-Transfer-Lease) types of projects, facility lease and operating expenses, and, for the BTO (Build-Transfer-Operate) types of projects, construction subsidies that are paid at the construction stage, MRG (Minimum Revenue Guarantee) payments and the government's share of payment. Furthermore, we compared the annual expenditures of local governments on PPP projects against their annual budgets and checked if the 2% ceiling rule could be applied.

지방노후상수도 관망교체 및 정수장 국비지원의 효율화 방안 (The provision of local public goods in water supply)

  • 김현아
    • 상하수도학회지
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    • 제31권3호
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    • pp.205-217
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    • 2017
  • This paper tries to show the efficiency of water financing between central and local governments. From the year of 2017, the operation and maintenance costs for change water pipes has been provided by central government as block grants system(RDSA: Regional Development Special Account). Even though the water financing is responsible for local government, water drought and high production cost in poor area affects the quality of life nowadays. Then, fiscal transfer through block grant for water financing has been decided to invest regional SOC. The purpose of the paper sheds light on the function of the block grant for public provision by water financing. The firstly tried empirical results are based on the survey from local governments and ministry of environments. The point of the empirical analysis shows that the local governments does not have proper measurement for unexpected water leakage and termination until now. In a policy manner, the paper raises the issues about benefit principle for water users by the increase of tariffs. In order to do so, the paper investigates the relationship between the water provision and fiscal status of each local governments.

The Effect of Government Expenditure on Unemployment in India: A State Level Analysis

  • NEPRAM, Damodar;SINGH, Salam Prakash;JAMAN, Samsur
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.763-769
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    • 2021
  • The relationship between government size and unemployment is an important topic of study in economics. Large public expenditure has been blamed for causing higher unemployment contrary to the belief that it would help in reducing unemployment. More research on the topic, however, needs to be done as the available literature has been based largely on data from developed countries. The present paper examines the existence of the relationship in states of India by using panel data analysis. For more comprehensive study, public expenditure is divided into development, non-development, and aggregate expenditures, while the types of unemployment under consideration are usual status and current weekly status. Indeed, it has been observed that development and non-development expenditures increase both the types of unemployment though the impact of the latter is higher. The findings are important as it implies that a cut in expenditure can be an important fiscal tool to fight unemployment. It was further observed that unemployment was higher among states with a more educated population, which also suggests a revisiting of the education policy in the country. States ruled by left parties have higher unemployment rate. Higher income states as well as states with higher growth rate tend to have lower unemployment rate.

학교시설유지관리의 민간위탁에 관한 연구 (A Study on the Privatization of School Facilities Maintenance)

  • 조창희;이화룡
    • 교육시설
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    • 제15권2호
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    • pp.39-49
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    • 2008
  • School facilities maintenance is concerned about providing clean and safe environments for children. It is also about creating a physical setting that is appropriate and adequate for learning. But many of the school buildings in Korea have been maintained and operated by each school manger or pubic officers in the Educational Department. This system could not extend the life of building components, keep equipment functioning as designed or sustain a sage and healthful environment because of its non-professionality and the dual fiscal system. In order to improve such problems, it is proposed to privatize the maintenance of school building. It is sure that the new way to outsource services reduce costs and provide high quality services. Competitive contracting with the private sector can provide schools with expertise, flexibility and cost efficiencies as well as help school administrators focusing on educating the children. This study explores the maintaining status of existing schools, analyses the cases about BTL schools and the foreign country's policies and surveys the outsourcing cases of Kyungki-do schools. Finally it proposes more appropriate plans for privatizing the maintenance way of school building in Korea.

천문우주 분야의 2004~05년도 과제 현황분석 (ANALYSIS OF RESEARCH PROJECTS IN ASTRONOMY AND SPACE SCIENCE IN THE YEAR DURING 2004~05)

  • 김영수;김선우;성현일;김병수;박정한
    • 천문학논총
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    • 제22권4호
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    • pp.229-236
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    • 2007
  • Many departments in the governmental organization including Ministry of Science & Technology (MOST) allocate some of their budget into research and development in astronomy and space science. We identify the research projects related to astronomy and space science that were funded by the government during fiscal years 2004-2005. Then the distribution of budgets of those projects is analyzed according to several classification schemes and characteristics in order to find out the status and trends of the investment in this field. Five departments had conducted more than 190 projects related to astronomy and space science, which accounted for 7.3% of the government R&D budget in space and aeronautics area. As for most fields of basic science, MOST and Ministry of Education & Human Resources Development invested the most of budget in astronomy related projects. We briefly discuss the implications of this study.

Responsibility for Dissemination of Inaccurate Information on the Internet

  • Romanova, Vera;Nikitin, Yurii;Vozniuk, Natalia;Sverdlyk, Zoriana;Boichuk, Nelia;Kunderevych, Olena
    • International Journal of Computer Science & Network Security
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    • 제21권8호
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    • pp.137-140
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    • 2021
  • The article is devoted to the study of the issue of liability for the dissemination of inaccurate information on the Internet. The article emphasizes that now the public opinion of socially active segments of the population is mainly formed on the basis of not critical but subjective ("consumer") analysis of the received information. The modern realities show that the main source of its origin is the Internet: electronic media and, above all, the relevant social networks. The problem of dissemination by the mass media of inaccurate information obtained via the Internet is solved; it is seen in bringing the laws of Ukraine, which regulate public relations regarding the dissemination of information, into compliance with the Civil Code of Ukraine. The issues of development and implementation of new legislative acts aimed at regulating the status of subjects of informational relations on the Internet and establishing the grounds for their liability are also investigated.

The Structural Relationship between the Possibility of Socioeconomic Class Elevation of Workers and Related Variables

  • Hyo-Young LEE
    • 산경연구논집
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    • 제14권10호
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    • pp.35-43
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    • 2023
  • Purpose: The purpose of this study is to analyze the structural relationship between the possibility of socioeconomic class elevation of wage earners, happiness and organizational commitment, and life satisfaction. Research design, data and methodology: Data from the 24th fiscal year (2021) of the Korea Labor Panel data were used for analysis. Only wage earners who measured job satisfaction and organizational engagement were analyzed, and a sample of 9,138 respondents was finally used, excluding missing values. Structural Equation Modeling was performed using AMOS 23.0, and Maximum Likelihood Estimation (MLE) was used as a model estimation method. Results: First, the hypothetical structural model set up for the study was found to be suitable. Second, the Possibility of Socioeconomic Class Elevation of wage earners, happiness, and organizational commitment were found to have a direct impact on life satisfaction. Third, the possibility of improving the socio-economic status of wage earners affects life satisfaction, and happiness and organizational commitment appear to have a partially mediating effect. Conclusions: This study is significant in that it has increased interest in organizational participation and life satisfaction, which were not covered in previous studies on the possibility of wage workers moving up the socioeconomic class.

조세·재정정책이 노동시장에 미치는 영향: 동태적 일반균형분석 (Effects of Fiscal Policy on Labor Markets: A Dynamic General Equilibrium Analysis)

  • 김선빈;장용성
    • KDI Journal of Economic Policy
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    • 제30권2호
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    • pp.185-223
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    • 2008
  • 본 연구의 목적은 동태적 일반균형모형(dynamic stochastic general equilibrium)을 이용하여 노동소득세의 증가가 한국경제의 노동시장 및 주요 거시경제변수에 미치는 영향을 분석하는 데 있다. 이를 위해 증가된 세수를 일반보조금으로 사용하는 경우와 근로장려금으로 사용하는 경우로 나누어 분석한다. 본 연구에서 상정하는 모형경제의 특성은 다음과 같다. 첫째, 경제주체들의 생산성 차이를 명시적으로 고려한, 이질적 가계로 이루어진 거시경제모형(heterogeneous agent macroeconomy model)이다. 둘째, 노동공급의 비분할성(indivisible labor)을 가정하여 조세 재정정책의 변화에 따른 노동시장 참여 여부에 대한 선택의 변화에 중점을 두어 정책의 효과를 분석한다. 셋째, 불완전 금융시장(incomplete markets)을 가정하여 개별 근로자들의 자신의 생산성이 변함으로 발생하는 소득과 취업상태의 변화에 대해 완벽하게 대처할 수 없다. 넷째, 일반균형모형을 상정하므로 정책의 변화로 인한 거시경제변수의 변화가 개별 근로자의 의사결정에 미치는 영향까지도 분석할 수 있다. 세율상승으로 증가된 세수를 모든 사람에게 동등하게 분배하는 일반보조금정책의 경우 노동소득세율의 증가는 노동공급의 인센티브를 저하시켜 기본모형경제에 비해 취업률을 1% 정도 저하시킨다. 반면, 추가적인 세수를 저소득 취업근로자에게만 지급하는 근로장려금정책의 경우, 수혜대상자들의 노동의욕은 증가하는 반면, 고소득 취업자들의 경우 근로장려금의 혜택없이 추가적인 세금부담으로 인하여 노동의욕이 감소한다. 경제 전체적으로는 기본모형에 비해 최대 2.7% 정도의 취업률 증가효과를 가진다. 그러나 근로장려금의 수혜대상이 넓어질수록 일인당 지급되는 근로장려금의 액수가 작아져서 고용증대 효과는 미미해지고 세율상승으로 인한 노동의욕 감소효과가 압도하게 되어 전반적인 취업률에는 별 영향을 미치지 못하게 된다. 전반적으로 근로장려금과 같은 근로자 지원정책은 경제 전체의 취업률을 유효하게 증대시킬 수 있음을 보여준다. 이는 최근 한국경제가 직면한 가장 심각한 경제 사회 문제 중의 하나인 저출산과 인구고령화 등으로 인한 노동공급 감소에 대처하는 유효한 정책대안으로 근로장려금정책을 이용할 수도 있음을 보여준다.

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