• Title/Summary/Keyword: Government Expenditures

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International Development Cooperation for Human Resources Development in Marine and Fisheries Sector in Indonesia (인도네시아 해양수산분야 인적자원개발을 위한 국제개발협력 방향)

  • Deni Aulia;Kyoung-Mi Kang
    • The Journal of Fisheries Business Administration
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    • v.54 no.2
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    • pp.15-29
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    • 2023
  • This study aims to establish a development strategy for higher education in Indonesia's marine and fisheries sector and to present a direction for international development cooperation through evaluating policies and current problems related to higher education in marine and fisheries sector. To achieve the goals of human resources development in marine and fisheries sector, Indonesian government needs to secure non-salary expenditures to strengthen support for areas directly related to the effects of education, such as improving educational facilities, expanding scholarships, and so on. Education institution needs to develop effective teaching methods and systematic practice-based curriculum that reflects the needs of the local fishermen community and fisheries industry. In addition, it is necessary to support the supply of manpower throughout the fisheries industry. Fisheries industry needs to stop relying on the government or education institutions to secure excellent human resources and actively participate and cooperate in the education field so that excellent human resources can flow into the industry. Based on this strategy, international development cooperation for human resources development in Indonesia's marine and fisheries sector should focus on qualitative rather than quantitative expansion of higher education institutions.

The Effects of Local Government Capacities on the Improvement of Air Pollution in China (중국 지방정부 역량이 대기오염 개선성과에 미치는 영향)

  • Hong, Zhe;Park, In Kwon
    • Journal of the Korean Regional Science Association
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    • v.33 no.4
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    • pp.29-42
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    • 2017
  • This study aims to analyze the effect of local government capacities on the improvement of air pollution. For this purpose, we construct a dynamic panel model using a data set for air pollutants such as $SO_2$, $CO_2$, and particulate matters and the local governments' capacities for Chinese Provinces in the period of 2007 - 2014. The results show that of the three types of capacities, the organizational capacity measured by environmental personnel, environmental expenditures, and average size of environmental institutions is very important, while the institutional capacity and social capacity have a insignificant impact on the air quality improvement. Among the local government capacities, other than the organizational capacity, only the activity of environmental organizations, which is a social capacity, partially affects the improvement of air pollution. Regarding local conditions, vertical dependence of financial resources, GRDP per capita, and population density have a negative impact on improving air pollution. These findings provide implications for local governments in China as to what capacities they should improve to improve air pollution.

A Study on the Analysis of Attracting Factors for Global Foreign Direct Investment Inflows

  • Kim, Moo-Soo;Lee, Chan-Hee
    • Asia-Pacific Journal of Business
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    • v.13 no.1
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    • pp.37-52
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    • 2022
  • Purpose - The objective of this study is to investigate what motivates global FDI inflows in the different economic development level and to clarify the FDI motivation type in the level of qualitative economic growth. Design/methodology/approach - Major macroscopic social·economic factors induced FDI inflows were analyzed using fixed-effect panel regression with 30-year panel data of 28 countries from 1985 to 2014. For analysis in the stage of economic growth, two category of developed and developing countries was used. And to analyze FDI motivation type in the level of qualitative economic growth, 4 shares of GDP; consumption·government·investment expenditure and export, was used as explanatory variable. Findings - In developed country, TFP(total factor productivity) and GDP have a great influence on FDI inflows, and consumption and labor compensation have a slight effect. This result indicates that the market seeking-driven, horizontal type investment is shown along with efficiency seeking investment. In developing country, human capital and TFP is shown to have greater impact on FDI inflows and labor compensation, exports, investment and government expenditures also have impacts. Thus it has confirmed that not only efficiency-seeking vertical investment for using low cost well educated laborer, but also government-driven economic growth and export policies could affect the FDI inflows. Research implications or Originality - The FDI investment decision making of multinational companies is decided by their own purpose. But, in the concept of as follows; 1) FDI is a long-term capital flowing for maximization of economic utility with limited global resource, 2) Thus FDI could be affected by macro socio·economic factors of host country. 3) Also such macro factors is different by each economic growth qualitative level. Therefore macro socio·economic factors of each country could be affected by the qualitative level of their own economic growth. To attract FDI inflows, it is desirable to implement differentiated incentive policies in the qualitative level of economic growth. Furthermore in developing countries it is recommended to implement government driven economic growth policies as follows; fostering well educated human resources, improving technology productivity in the relative lower cost labor market compared to developed countries and boosting international export volume.

China's Consumer Market: Growth, Changes, and Korea's Opportunities

  • LEE, JINKOOK
    • KDI Journal of Economic Policy
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    • v.39 no.3
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    • pp.19-41
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    • 2017
  • This paper examines the aspects of changes in China's consumer market since the mid-1980s. By comparing urban and rural residents' expenditures, I find that the rural consumer market has exhibited extraordinary growth. Over the past decade, the consumption growth rate and average propensity to consume by rural residents have surpassed those of their urban counterparts, with the former's consumption patterns becoming increasingly similar to the latter's. Such a phenomenon prevails in rural areas which neighbor second-and third-tier cities where urbanization is progressing rapidly. These findings imply that Korean companies need to diversify their export goods in line with China's expanding rural markets while further differentiating their product composition to satisfy the heterogeneous demands in urban areas. With regard to the government, efforts must be made to strengthen the export cooperative system so that it targets not only urban but also rural markets in China.

National Health Expenditure Account of Korea: Sources and Estimation Methods (국민의료비 계정에 관한 연구 - 자료원 및 추계방법을 중심으로-)

  • 정영호
    • Health Policy and Management
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    • v.12 no.1
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    • pp.1-20
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    • 2002
  • National health expenditure account describes expenditure flows both public and private within the health sector. It describes the sources and uses and channels for all funds utilized in the health sector and is a basic requirement for optimal management of the allocation of health sector resources. Constructing a national health expenditure account should begin with sound estimates. This paper thoroughly examines the sources and discusses the estimation methods, and provides the national health expenditure account of Korea by function and source of funding category The national health expenditure account produced in this parer has, however, some drawbacks and followings are proposed fur enhancing the comprehensiveness and consistency of the account. First, comparable data un health related expenditures of local government and private sector should be produced because data sets on the sectors are very limited. Second, we need further study un overall scope and boundaries of health expenditure estimates in order to improve compatibility of other main aggregates.

Balancing work and family lives of working mothers (취업모의 가정생활과 일의 균형을 위한 방안 모색)

  • 박성옥
    • Journal of the Korean Home Economics Association
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    • v.33 no.5
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    • pp.13-25
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    • 1995
  • The purpose of this study was to understand the variables affecting the dual role strain and the satisfaction with the life of working mothers, Based on this result, the family policies for the balance between family life and work were proposed. 1) For the family, husband's psychological and behavioral supports were needed to wives as workers. 2) For business, the child care support and services have to be provided for children of both male and female employees. 3) For the government, the policies can be proposed : child care center or support and service in the business, child care program after school hours, insurance policies for child safety, deduction in income taxes corresponding expenditures for child care service.

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Analysis of Educational Expenditures by family life cycle (가족생활주기에 따른 가계의 교육비 지출 분석)

  • 양정선;김순미
    • Journal of Family Resource Management and Policy Review
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    • v.7 no.1
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    • pp.135-152
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    • 2003
  • This study examined which factors influence educational expenditure by family life cycle. Data for this study were from the 2001 Household Income and Expenditure Survey and consisted of a sample of 2,681 households. The results showed that the households having high school students had the highest educational expenditure and the households having middle school students had the highest ratio of educational expenditure to consumption expenditure. The education of household head, family type, the number of children, the age of the youngest child, and family income had significant effect on educational expenditure in all the stages of family life cycle. The results of this study will be useful for financial management of households and give suggestions for the government policy on education.

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An Evaluation of Information Systems Services in the Public Sector: Knowledge Management Approach (공공부문 정보화사업평가 - 지식경영 측면의 접근)

  • Lim, Joon Hyoung;Myung, Sung-Jun;Kim, Jae-Young
    • Knowledge Management Research
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    • v.18 no.3
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    • pp.231-246
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    • 2017
  • As an interest in the efficiency of public sector expenditures has spread across the world, Korea has operated a self-evaluation system for government projects as a part of the performance-based budget system. However, an evaluation system for public information technology project has been criticized for its lack of validity, which stems from the uniformity of performance management. This study draws insight from knowledge management literature in an attempt to address the problems with the extant performance evaluation system in public agencies. To realize benefits from IT investment, an agency needs to develop its own performance management model for information systems projects, with a focus on the interaction of IT and organizational system. The knowledge management-based framework for IT projects was verified through a case study, with which we discussed the applicability of knowledge management to the evaluation of public information systems projects.

A Study on the Operation of Nangok GRT (난곡 신교통시스템 GRT(Guided Rapid Transit) 도입에 따른 운영방안 고찰)

  • Chung, Su-Young;An, Sung-Jin;Park, Jong-Hyug
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.679-686
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    • 2008
  • There has been an increasing demand of introducing innovative public transport modes meriting high flexibilities of a bus mode along with on-time accuracy and quality environment-friendliness of a rail mode, as it is considered to significantly contribute to reducing huge social expenditures on the traffic congestion and environmental pollution agenda, and to be an alternative solution to better the urban transport problems. In order to comply with the need, Seoul Municipal Government has recently decided to build up GRT system of a new concept in Nangok area in Seoul, the first in its kind in Korea. The concession has been awarded to Seoul Metro. This thesis will study and benchmark similar systems abroad under operation, and further review necessary requirements overall which would secure full readiness for the operation of Nangok GRT system.

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The Financial Impact Generated by Shifts in Value Strategic Emphasis (가치전략 중점의 변화가 재무성과에 미치는 영향)

  • Hong, Kichul;Park, Kwangho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.4
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    • pp.26-39
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    • 2016
  • Korea's main manufacturing industries, which have led its economy for the past three decades, are faced with a serious downturn and loss of competitive advantages due to the current economic depression, China's rise, and the drop of oil prices. Korean business firms must adopt the paradigm shift in their value strategies, along with a government-led industrial restructuring in order to gain sustainable competitive advantages. Business firms allocate their limited resources between value creation and value appropriation, however, what effect does strategic emphasis on value creation versus value appropriation have on a business firm's financial performance? This paper empirically addresses this issue by examining the effect of shifts in strategic emphasis on stock return. Furthermore, this study examines appropriate choices of strategic emphasis to gain differential financial performance. The data set used in this regression analysis comes from the KISLINE database of NICE Information Service. The variables that form the basis of this analysis are stock return, ROA, and Strategic Emphasis [(advertising expenditures-R&D expenditures)/assets]. The interactive effect with situational factors regarding the firm and the type of technological environment in which the firm is operating was also analyzed. Our results show that investors acknowledge a shift of strategic emphasis as a sign of stock valuation. In comparison to US, Korean business firms have weak value creation capabilities in high-technology industries, and weak value appropriation capabilities in low-technology industries. This proves Korean firms are fast followers in the global market. Our findings suggest that Korean firms have to adopt a balanced value strategy, nurturing value creation and developing value appropriation for overcoming the current economic downturn and becoming a first mover in the dawn of "Industry 4.0."