• Title/Summary/Keyword: Gross Investment

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A Study on the Factors affecting the Electrical and Electronics Industry Trading Volume between Korea and China (한·중 전기전자산업 물동량에 영향을 미치는 요인에 관한 연구)

  • An, Young Mo;Kwon, Moon Kyu;Nam, Ki-Chan;Kwak, Kyu-Seok
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.719-725
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    • 2013
  • Northeast Asia region is becoming the hub of world trade with China as the center. Integration of this region's economy is now visualized, domestic trade and international division of labor will be more invigorated. Especially on electrical and electronics industry is a large proportion of the trading volume between Korea and China and now, Present condition of electrical and electronics trading industry can effect on whole trading industry. In this study, conducting analysis of the current Korea-China electrical and electronics industry trading and advanced research, and find out the implication to trading volume with the panel analysis. As the results Korean/Chinese GDP, revealed comparative advantage, and foreign direct investment have an effect on the trading volume.

An Empirical Study on the Effect of Public Health Investment on Economic Growth in Korea - focusing on the period of 2002 to 2006 - (한국정부의 공공보건정책 투자사업이 경제성장에 미치는 영향)

  • Lim, Jae-Young
    • International Area Studies Review
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    • v.13 no.3
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    • pp.239-267
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    • 2009
  • Investment in health through an array of public health policies will lead to improvement of health at all levels, and the improved health can reduce the socioeconomic costs incurred with diseases. And finally, with reduced healthcare costs associated with diseases and health problems, economy will be able to achieve economic growth and development. Using simultaneous equations model, this study aims to identify this possible channel from public health policies to economic growth. Specifically, the policy effect is investigated on a basis of main disease groups and aging groups. The public health policies are proved to reduce healthcare costs related with disease groups including respiratory, digestive, circulative, and infectious disease, and with all age groups except 20~39 group. And the reduced healthcare costs have shown to increase the real gross domestic products in those group above.

The Estimation of the Gross Capital Stock in Transport Sector of Korea (교통부문의 시설별 자본스톡 추정)

  • 하헌구;조희덕
    • Journal of Korean Society of Transportation
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    • v.19 no.5
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    • pp.35-45
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    • 2001
  • In this research, we estimated annual gross fixed capital stock of transport sector, such as road, railroad, airport and seaport during 1968-1997 in Korea. As basic analytic method, we used the polynomial benchmark method. The polynomial benchmark method requires capital stock estimates of at least two benchmark-years and is distinguished from other methods in the fact that retirement rate can be estimated within the model. To estimate gross fixed capital stock of transport sector. we used the basic data on national wealth surveys in 1968, 1977, 1987 and 1997. and investment data of each transport sector during 1968-1997. We used the most reasonable data in the process of estimation after reviewing the collected data. In estimating, some retirement rates were estimated at (-) value, so we have applied various method to fix up the problem. At last, we have reported several estimation results which can be considered as reasonable ones. Compared our results with those of other researches in Korea, estimates in our research project could be said more accurate than those.

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The Role of Weather and Climate Information as a Growth Engine for Passing the Gross Domestic Product per Head of $20,000 (국민소득 2만달러 달성의 성장엔진으로서 기상정보의 역할)

  • Kim, Yeong-Sin;Lee, Ki-Bong;Kim, Hoe-Cheol
    • Atmosphere
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    • v.15 no.1
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    • pp.27-34
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    • 2005
  • High quality meteorological information is the typical product of service business industry which can offer the investment initiative by reducing the uncertainty and by activating other related industries. It requires a high level of meteorological technology and of ability to transform such technology as merchandising products. According to the analysis of the WMO data, the level of Korean meteorological technology is comparable to that of the nation with $17,500, GDP per head. However, the income of the meteorological business agent earns in Korea is 8 billion 4 hundred million won which is less than a tenth of that made by the US or Japan. The potential for such business field in Korea will be strong enough, if one can overcome such weak points. In addition, the efforts made by the government to advance the meteorological technology have been actualized gradually. Korean government will have a chance that is comparable to offering jobs for 20,000 unemployed by creating incomes of 40 billion won by meteorological technology as a sustained economic growth engine. It is proposed that government stimulate demand and supply by focusing on sales quantity than the price. The key points for creating the new demand are marketing and outsourcing of weather and climate information by maintaining the cooperative relationship between private and public sector.

Evaluation of Regional Knowledge Innovation System in China: An Economic Framework Based on Dynamic Slacks-based Approach

  • CHIU, Sheng-Hsiung;LIN, Tzu-Yu
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.3
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    • pp.141-149
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    • 2019
  • The paper proposes a knowledge innovation performance model by the dynamic data envelopment analysis with slacks-based measure approach for evaluating the effectiveness of 30 regional knowledge innovation activities in China from 2010 to 2016. In recent years, China has paid more attention to knowledge innovation activities, as central and local governments have pushed on with their innovation projects by lots of investment whatever the difficulties may be. Decision-maker is usually interested in judge its knowledge innovation performance relative to target benchmark by exploring whether one provincial administration region performs better among others and/or if the growth of economy will be benefited greatly by the knowledge innovation activities. To acquire the managerial insight about this issue from a comprehensively designed performance evaluation model, knowledge innovation activity is conceptualized as an intertemporal production process. Invention patent and regional gross product are imposed on desirable outputs, highlighting the need for knowledge economy. The empirical result shows that knowledge innovation has a positive effect on economic development. At the same time, decision-maker should be interest in the economic effect of patents' type and quality. The government should then encourage new technical applications with greater commercial value from a market-oriented perspective, in order to benefit the most from the innovation process in the short-run.

Survey of Corrosion Cost in China and Preventive Strategies

  • Ke, Wei;Li, Zhiqiang
    • Corrosion Science and Technology
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    • v.7 no.5
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    • pp.259-264
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    • 2008
  • A national consultative project entitled "corrosion cost survey in China and preventive strategies" was funded by the Chinese Academy of Engineering in 1998. Soon afterwards, an expert group was organized jointly by the Institute of Metal Research, CAS and Chinese Society of Corrosion and Protection. The report on corrosion cost survey in China was published in 2003. According to this report the overall annual corrosion cost in China estimated by the Uhlig Method and Hoar Method at 1997-2001 was found to be 200.7 billion Yuan RMB and 228.8 billion Yuan RMB respectively, which is equivalent to 2% of the gross national product of China. However the total cost of corrosion including the direct and indirect cost was estimated to be more than 500 billion Yuan RMB per year in China. Among them, corrosion cost of infrastructure ranked in first comparing with other sectors. Although corrosion costs in some sectors, such as electric power, petrochemical, oil pipeline and railway in China has reduced in the past years, significant losses are still being encountered in most sectors of industries and cost-effective methods have not always been implemented. Both successful and unsuccessful cases in corrosion control and corrosion management were collected. As the investment in capital construction continues increasing rapidly in China, the maintenance and life extension of the infrastructures will become a big issue. The preventive strategies have been suggested

Critical Factors Affecting Construction Price Index: An Integrated Fuzzy Logic and Analytical Hierarchy Process

  • NGUYEN, Phong Thanh;NGUYEN, Quyen Le Hoang Thuy To
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.197-204
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    • 2020
  • Nowadays, many construction engineering and technology enterprises are evolving to find that prosperity is driven and inspired by an open economy with dynamic markets and fierce multifaceted competition. Besides brand and product uniqueness, the ability to quickly provide customers with quotes are matters of concern. Such a requirement for prompt cost estimation of construction investment projects with the use of a construction price index poses a significant challenge to contractors. This is because the nature of the construction industry is shaped by changes in domestic and foreign economic factors, socio-financial issues, and is under the influence of various micro and macro factors. This paper presents a fuzzy decision-making approach for calculating critical factors that affect the construction price index. A qualitative approach was implemented based on in-depth interviews of experts in the construction industry in Vietnam. A synthetic comparison matrix was calculated using Buckley approach. The CoA approach was applied to defuzzified the fuzzy weights of factors that affect the construction price index. The research results show that the top five critical factors affecting the construction price index in Vietnam are (1) consumer price index, (2) gross domestic product, (3) basic interest rate, (4) foreign exchange rate, and (5) total export and import.

A Study on Factors of Job Satisfaction and Burnout of Hospital Dietitians (병원 영양사의 직무만족도 및 소진에 영향을 미치는 요인)

  • Yun, Hye-Jin;Lee, Joo-Eun;Hong, Wan-Soo
    • Korean Journal of Community Nutrition
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    • v.14 no.1
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    • pp.100-113
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    • 2009
  • This research aims to examine the experiences of hospital dietitians' burnout and the factors of their burnout, such as demographic factors, unique characteristics of hospitals, their self-respect, and organizational factors. In order for this, a questionnaire survey was conducted with hospital dietitians working in general hospitals of over 400 beds in the Seoul Metropolitan area. The average point of self-respect of dietitians is 3.67 out of 5.00. Their experience of burnout turned out to be 3.17 out of 7, the extent of job satisfaction is high, that is 3.35 out of 5.00. The decrease of personal accomplishment is shown to be closely related to the burnout of dietitians. The emotional exhaustion in burnout at the significant level 0.001 is increasing as the annual gross salary is low, their age is young, extra-working hours are long, and is high to the dietitians serving meals and working at entrusted companies. The factors affected by burnout experience vary with individual circumstances. So, to prevent the emotional exhaustion, depersonalization, and reduced personal accomplishment, hospital dietitians' spiritual and physical health needs to be kept up by their self-development and investment.

The Effect of Financial Liberalization on Economic Growth: The Case of Egypt and Saudi Arabia

  • MANSOUR, Hoda;HASSAN, Soliman
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.203-212
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    • 2021
  • Theoretically, economic growth necessitates financial liberalization. Thus, the current research examines the effect of financial liberalization on economic growth in emerging nations, with a particular focus on Egypt and Saudi Arabia. To determine this effect, the study employs a model that uses Gross Domestic Product growth as the dependent variable and the following macroeconomic variables as financial liberalization indices: Broad money as a percentage of GDP, Domestic bank credit to the private sector as a percentage of GDP, Monetary sector credit to the private sector as a percentage of GDP, Net inflows of foreign direct investment as a percentage of GDP. All data is annual data of Egypt and the Kingdom of Saudi Arabia for the period 1970-2018 obtained from the World Bank open data website. The empirical investigation employs the Autoregressive Distributed Lag (ARDL) approach. The findings indicate that, after more than three decades of implementation, both countries' financial and external liberalization policies do not have a favorable effect on their economies' growth rates. Additionally, this study has led us to conclude that any financial liberalization policy in both countries must be preceded by the strengthening of these countries' financial development and institutional frameworks, as well as the achievement of macroeconomic stability.

A Study on the Rent Characteristics of Small Shopping Malls

  • KIM, Sun-Ju
    • Journal of Distribution Science
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    • v.20 no.12
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    • pp.109-116
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    • 2022
  • Purpose: The purpose of this study is to analyze the rental determinants of a small shopping mall located in Seoul, Korea, and the characteristics of four commercial districts (CBD, GBD, YSD, etc.). Research design, data, and methodology: For the characteristics of the data, descriptive statistics and frequency analysis were used. Artificial Neural Networks (ANNs) have been used as rental determinants for small shopping malls. The characteristics of 4 commercial districts were analyzed using Analysis of variance (ANOVA) and post-hoc analysis. Results: 1) CBD 14.8%, GBD 16.7%, YSD 13.0%, others 55.6%. 2) The order of important variables affecting rent: CBD=1> GBD=1> vacancy rate> rental index> number of buildings> YBD=1> average gross floor area> conversion rate> average floor. 3) Characteristics of commercial district: Rents in CBD and GBD are high. The conversion rate is high in the GBD commercial area. The number of buildings is high in the CBD. The average area of GBD is larger than that of other commercial districts. Conclusions: 1) Several factors should be considered when investing in or renting a small shopping mall. 2) Depending on the investment and business purpose, factors such as rent, conversion rate, building, and area average should be considered.