• Korea Trade Review
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• v.44 no.6
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• pp.217-230
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• 2019

This study investigates the impacts of international trade and foreign direct investment (FDI) on income distribution both nationally as well as provincially in Vietnam. This study uses panel data of 63 provinces in Vietnam for the period of 2008-2016 and a time series dataset from 1992 to 2016. We found the following results. First, the income distribution is significantly affected by per capita income. When we consider the Kuznets hypothesis, the intra-provincial income inequality of Vietnam's 63 provinces follows a regular U-shaped relationship. In contrast, the income distribution in Vietnam exhibits an inverted U-shaped relationship between the Gini coefficient and per capita income. Second, the inward FDI tends to reduce income gaps in each province through the employment of predominantly low-skilled workers. FDI, however, seems to increase income inequality throughout Vietnam. This result is potentially due to the strong concentration of FDI into a very few areas. Third, the effect of trade openness exhibits a decrease in inequality both within each province and in the whole country of Vietnam.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.2
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• pp.49-59
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• 2022

The relationship between income inequality and capital account openness is empirically investigated in this study, where macroeconomic variables have opposing effects. Panel data used in the study from the KAOPEN Index and World Bank consists of 28 Asian countries and has been examined; it contains annual observations from 1970 to 2018. The data is examined using a random-effect model based on GMM estimates. Income inequality and capital account openness are positively and significantly related, according to our findings. Overall, the findings imply that increasing income gaps reduced capital investment in nations with large discrepancies. The growing economic discrepancy is being caused by the rich's increasing income share at the expense of the poor. In Asia, inward capital account openness exacerbates income inequality, while outward capital account openness exacerbates it. As a result, income inequality slows economic growth, leading to inflation, unemployment, and increased government spending in several Asian countries. Our control factors, GDP, and other secondary school enrolments, all had a statistically significant negative relationship with income inequality. Income disparity has a positive and statistically significant association with government spending, inflation, population, trade openness, and unemployment. Income disparity has a negative association with capital account openness, gross domestic product, and secondary school enrollment.

• Asia-Pacific Journal of Business
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• v.15 no.1
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• pp.99-111
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• 2024

Purpose - This study aims to quantify the long tail effect in the digital economy. It also investigates the role of digital platform before and after the COVID-19 pandemic. Design/methodology/approach - We take advantage of a granular data set from one of the biggest digital platforms in Korea. Rather than computing the absolute number of products sold or the Gini coefficient, we estimate the slope of the log-linear relationship of the non-parametric sales distribution. Findings - We find that the use of online food order and delivery services is positively associated with individual restaurant's sales growth. We also document that the long tail effect is increasing over time. Long tail effects are clustered in the cross-section where average revenue per order is high or the restaurant belongs to the top 50% of the sales distribution. Research implications or Originality - The findings may indicate that digital platforms are contributing to the development of the digital economy in Korea. Also, we confirm that digital platforms make it possible for small and sole proprietors to go through the difficulties induced by the COVID-19 pandemic.

• Journal of the Korean Geographical Society
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• v.48 no.1
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• pp.56-71
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• 2013

The purpose of this study is to examine the spatial distributional characteristics of industries among the Korean cities and to conduct industry classification using the findings. For this purpose, 82 cities in Korea are investigated with respect to 15 industrial sectors. In the analysis, concentration of and association between industries are recognized using both geographic and non-geographic measures. In order to measure concentration and association, locational Gini coefficient, Moran's I, correlation coefficient, and bivatiate Moran are used and 15 industrial sectors are classified based on these estimates. The findings reveal that the chemical sector shows strong geographic and non-geographic concentrations while the assembly, machinery and electronics sector only shows a strong geographic concentration. Printing and publishing, wholesale, and business services show a strong non-geographic association with other sectors. The remaining ten sectors show no explicit distribution patterns among cities. This study contributes to providing the methodology that analyzes the spatial distribution patterns of industries in a comprehensive way and is able to provide useful information in implementing industrial location policies including industrial clusters.

• Korean Journal of Social Welfare
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• v.61 no.2
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• pp.391-415
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• 2009

The purpose of this study is to examine the trends of income inequality by gender since 1997 economic crisis and to investigate what is the most influential factor on these changes for males and females. Data used for this study are nine waves of Korean Labor and Income Panel Study(KLIPS). Income inequality is measured by the Gini coefficient and the mean logarithmic deviation(MLD) and the MLDs are decomposed into three components to quantify within- and between-group inequalities. The results show that the extent of income inequality is greater for women during the whole period and is fluctuated more widely. Women's income inequality is mainly affected by the family-related variables, such as age and marital status, while men's inequality is primarily determined by the labor market factors, such as employment status, industrial types and occupation status. These results imply that gender-sensetive welfare policies need to be implemented and that it is necessary to assist the poor women and men through the benefits from the income assistance programs and labor market programs.

• Journal of the Korean Association of Geographic Information Studies
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• v.24 no.2
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• pp.64-77
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• 2021

The purpose of this study is to examine the spatial distribution of highly educated human capital and to identify key factors affecting their spatial distribution. We analyzed the spatial concentration and inequality using Gini's coefficient and exploratory spatial data analysis and identified the economic and amenity factors to affect the spatial concentration of highly educated human capital using spatial regression model. The findings show that the spatial pattern of highly educated human capital is concentrated, imbalanced, and clustered in Capital region and part of Chungcheong and Gangwon region. The spatial concentration were more affected by economic factor than by amenity factors. This study provides some implication on the regional economic strategies to attract the human capital.

• Korean Journal of Social Welfare
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• v.64 no.2
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• pp.185-212
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• 2012

This study examines changes in income inequality and income mobility associated with a transition to old age. In understanding the dynamics of income distribution over the later life course, it is important to explore the changes in income dispersion and the changes in relative income positions jointly. Data come from Korean Labor and Income Panel Study(KLIPS) 2nd, 7th, 12th wave. The results are as follows. First, a transition to old age is associated with an increase in income inequality. The Gini index of inequality increased steadily over the life course. Second, a transition to old age is associated with substantial income mobility. The Spearman's rank correlation coefficient between two periods was the lowest at the time of the transition. Increasing income dispersion and significant income mobility can be conceptualized as "income insecurity", since the older population are less likely to cope with income fluctuations. Third, in explaining such changes over time, changes in work life during old age and a subsequent decrease in earnings seem to be the most influential factor.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.6 no.1
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• pp.23-37
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• 2011

This paper is brought to carry out an empirical study whether evolution process of venture firm's scale is following the Gibrat's law; random evolution process, or Pareto law; self-organizing process. The empirical test, as attaching theoretical explanation, of this research utilize the serial data samples of 92 KOSDAQ listed companies from the year of 2005 through 2008. Summarizing the research results are as followed. First, Gini Coefficients representing the density of venture firm's scale has been constantly reduced since the year of 2005 in terms of number of employee, while these index increased during the same time period from the perspective of sales volume. Second, the evolution process of Korea venture firm's scale is following the Power Law related to Pareto Law. In particular, estimated Pareto coefficient, ${\alpha}$, is shown lower than 1 which is significant result. Third, the probability of joining in the top tier group of firm starting from the early stage growing is forecasted into 6.9%, the result which emphasize the starting scale of venture firm play an important role in long term evolution of venture firm.

• Journal of the Economic Geographical Society of Korea
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• v.17 no.4
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• pp.718-742
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• 2014

The capitalist economic process of glocalization and development of transportation and communication technology have led us to the significance of network city as well as concepts of global city, megacity region, etc. Network city theory pursues development of both individual cities and of the region of those cities through strengthening of mutual connectivity among them with specialized industries. On the basis of network city theory, this paper is to analyze specialized industries of cities and connectivity among them in the Youngnam region in S. Korea. It uses the methods of locational quotient, locational Gini coefficient, and shift-share method to analyze specialized industries of cities, and correspondence analysis, global and local Moran's I to examine connectivity among cities. As results, it can be identified that each city in the Youngnam region has its own specialized industries different from each others, but it seems not easy to grasp the overall extent of connectivity among them, partly because of the limitations of applied analysis methods and partly because of a lack of connectivity among cities themselves.

• Journal of Korean Society of Rural Planning
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• v.22 no.4
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• pp.1-11
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• 2016

Public transportation is public service that is contributed to the convenience of the public. However, opportunity for public services in rural areas is weaker than the chance in urban areas. The purpose of this study is to evaluate accessibility of various public facilities using public transportation. To evaluate the accessibility, we calculate the various time from community center to the nearest bus stop, walking time, riding time in bus, and waiting time for transfer. The results of this study ares as follows; (1) Villages occupy 19.8% in rural areas that walking time from community center to the nearest bus stop takes over 10 minutes in integrated Chungju-si; (2) The average speed is 21.9 km/hr estimated to departure and arrival time of bus route; (3) The accessibility time from community center using the average bus speed takes 15.43 minutes to public facilities, 35.15 minutes to emergency center, 8.70 minutes to medical center, 9.70 minutes to elementary school, 16.26 minutes to middle school, and 22.61 minutes high school; (4) The transfer time of public transportation takes 13.46, 21.96, 10.48, 7.78, 11.11, 16.10 minutes to public facilities, emergency center, medical center, elementary school, middle school, and high school, respectively; (4) Traffic accessibility using bus vehicles in the East and South Chungju-si is lower than areas in the West and North Chungju-si. Some villages surrounding public offices (eup-myeon office) which have a high density of population, indicate a high traffic accessibility.