• Title/Summary/Keyword: High-Quality Economic Development

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The Semiconductor Industry and High-Quality Economic Development: An International Perspective

  • Eun-Young Nam;Xiao-Long Wang
    • Journal of Korea Trade
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    • v.26 no.7
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    • pp.77-92
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    • 2022
  • Purpose - This paper is an empirical investigation of the mediation effect of innovation activity in industry transformation considering the relationship between the semiconductor industry and high-quality economic development. The research questions are whether the semiconductor industry drives high-quality economic development and if so, what is the semiconductor industry's role in high-quality development? We found that the semiconductor industry has clearly improved the quality of economic development, and its comparative advantage has significantly increased per capita national incomes. Furthermore, innovation activity proved to be an intermediary factor for the semiconductor industry to promote high-quality economic development. The world economy should aim to reasonably develop the international semiconductor industry and cultivate innovation markets. Design/methodology - Our empirical model considers the relationship between the semiconductor industry, innovation activity, and high-quality economic development. We constructed an analysis framework based on data from 199 World Bank economies between 1995 and 2019, and we used a mediation effect method to calculate the total effect of the semiconductor industry on promoting high-quality economic development, the indirect effect of the semiconductor industry on promoting innovation activity, and the mediation effect of these innovation activities on the promotion of high-quality economic development. Findings - The results show that the semiconductor industry has significantly promoted high-quality economic development. This is true even after the robustness test of grouping and alternative variables was applied. An analysis of the mechanism shows that promoting patents, scientific research, efficient government, and urban management innovation are important mechanisms for the semiconductor industry to release high-quality development dividends. Originality/value - Although it has been shown that specific industries like semiconductors can affect high-quality economic development through industrial upgrading, few researchers have attempted to empirically test the impact of the semiconductor industry on high-quality economic development. In this paper, we use a mediation effect model, alternative variables and a grouping test to find the internal mechanisms of the comparative advantage of the semiconductor industry in high-quality economic development from the perspective of innovation activity.

Research on the Coupling Coordination Relationship between Regional Information Technology Level and Economic Development

  • Li, Jin-yang;kim, Hyung-Ho;Yang, Jun-Won
    • International journal of advanced smart convergence
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    • v.11 no.2
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    • pp.153-162
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    • 2022
  • The impact of the information technology industry on economic development is becoming increasingly important. In this study, we take China's provincial-level regions from 2015 to 2020 as the research object, comprehensively evaluates the level of their information technology systems by the entropy weight method, and then measures the coupling coordination relationship between the information technology system and the economic development system by the coupling coordination degree model. As a result, we found that the income of the information technology industry, the investment of talents and science research have the most important influence on the level of the information technology system. During the research period, with increasing values, the coupling degree of the two systems was at a high level. Affected by development strategies, diffusion effects and industrial relocation, the coupling degree in the central and western regions has shown a rapid growth trend. The coordination degree of the two systems is relatively low, and 83.9% of the provinces are in the medium-low coordination stage. The information technology industry has obviously promoted economic development. Besides, relevant policies should be introduced to effectively support and guide the high-quality development of the information technology industry and promote the high-level coordinated development of the two systems.

Comparative Study of the Health Status of Two Koreas (남북한 주민의 건강수준 비교연구)

  • 김영치
    • Health Policy and Management
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    • v.7 no.1
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    • pp.155-182
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    • 1997
  • Objectives : This study was designed to compare North Korea and South Korea in measures of the quality of life (physical quality of life index and human development index) and to investigate the impact of selected medical and socioeconomic factors on PQL variables. Data and Methods : The World Bank, the United Nations Development Programme, and Population Reference Bureau were the principal sources of statistical data of 121 countries. Variables included infant mortality, life expectancy at birth, literacy rate, secondary school enrollment (male and female), GNP per capita, population per doctor, daily calorie supply per capita, and a composite PQL index. The Ordinary Least Square model was employed for cross-countries analysis. Findings : Both countries under quite different political and economic systems saw big improvememts in the quality of life, reducing mortality and prolonging life expectancy during the past three decades. In recent decad, however, North Korea has experienced abrupt exacerbation in the quality of life. Significant improvements in infant mortality of the population wer attributable mainly to GNP per capita and the secondary school enrollemt of female. The principal predictors of life expectancy at birth were population per doctor, infant mortality, and literacy rate. The secondary school enrollment of female and population per doctor were significantly associated with improvements in the physical quality of life index (PQLI). Conclusion : The results of this study confirmed a point illustrated by other studies : The association between quality of life as a measure of health status and socioeconomic factors was strong and positive. The important contribution of educational attainment in general, female education level in particular to improvements in the quality of life deserves good news for building an integrated health care system in the reunified Korea, taking into account the high level of education two koreas are enjoying. Meanwhile, when a sharp drop in the quality of life has been observed in North Korea under serious economic difficulties and food shortage in recent decade, the significant contribution of economic development to improvements in the quality of life poses bad nows for reunifying Korean health care in economic terms.

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From Miracle to Mediocrity? Explaining the Growth Slowdown of the Korean Economy

  • DUYONG KANG;SUNGKEUN PARK
    • KDI Journal of Economic Policy
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    • v.45 no.4
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    • pp.23-56
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    • 2023
  • To investigate the causes of Korea's growth slowdown over the past thirty years, we estimate the contributions of major developmental factors, including i) demographic factors (changes in population growth and workforce age due to the demographic transition), ii) quality-of-life-related choice factors (changes in working hours, education, and the female employment rate), iii) structural change, and iv) the effects of productivity catch-up. Our estimates show that these four groups of factors account for approximately 90 percent of the growth slowdown, with demographic factors contributing approximately 30 percent and the other three groups of factors each contributing about 20 percent. We also show that the same factors explain most of Korea's high growth in the 1980s. These results suggest that Korea's growth slowdown is basically a consequence of its successful economic development and that the high growth and subsequent slowdown can be regarded as a single process. In addition, given that the factors examined here exhibit similar patterns of change in the course of economic development of most countries, we think that our estimation results of the relationship between economic development and changes in economic growth trends could have more general implications that go beyond Korea's experience.

Analysis of Economical Validity about Offshore Cage Culture for Cod (외해 가두리 대구 양식업 경제적 타당성 분석)

  • LEE, Kwang-Nam
    • Journal of Fisheries and Marine Sciences Education
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    • v.28 no.6
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    • pp.1724-1738
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    • 2016
  • This paper was researched on economic feasibility and sensibility of operation to offshore cage culture for cod. Offshore cage culture for cod needs to invest high budget what to construction and operation. And it was required variety methods about analysis of economic feasibility. Therefore, these were studied NPV, B/C and sensitivity for each by assuming a six scenarios considering the product performance according to the size of cod and culturing methods of fingerlings, etc. As a results, even though economy, if efficiency is low, it is a priority need the technical development to promote the feed efficiency to increase economic feasibility and should make efforts to enhance the business economy to strengthen the price competitiveness pricing with high quality products through quality control and brand recognition of cod. It expects to be used as a reference for related research in the future by deriving policy implications based on the method of analysis of the economic feasibility on offshore cage culture for cod.

Modern Management Technologies in the System of Ensuring the Security in the Context of Socio-Economic Development and the Digital Economy

  • Panchenko, Vladimir;Dombrovska, Svitlana;Samchyk, Maksym;Mykhailyk, Nataliia;Chabaniuk, Odarka
    • International Journal of Computer Science & Network Security
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    • v.22 no.3
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    • pp.213-219
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    • 2022
  • The main purpose of the study is to determine the main aspects of the introduction of modern management technologies into the security system in the context of socio-economic development and digitalization of the economy. Socio-economic development and a high level of security include growth in income, labor productivity, production volumes, increased competitiveness, changes in the institutional environment, consciousness, activity, social security, the quality of the education system, healthcare, etc. Despite the root cause of economic development, it is not an end in itself, but a tool for ensuring social development. Gaining access for citizens to education, health care, observance of the principles of equality and justice, ensuring protection are directly dependent on the level of economic well-being, the level of economic potential of the country or regions. The research methodology involved the use of both theoretical and practical methods. As a result of the study, the key elements of the introduction of modern management technologies into the security system in the context of socio-economic development and digitalization of the economy were identified.

Economic Development, Globalization, Political Risk and CO2 Emission: The Case of Vietnam

  • VU, Thi Van;HUANG, De Chun
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.21-31
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    • 2020
  • This study investigates the dynamic effects of economic development, international cooperation, electricity consumption, and political risk on the escalation of CO2 emission in Vietnam. We adopted autoregressive distributed lag model and Granger causality method to examine the interaction between CO2 and various economic and political factors, including foreign direct investment, trade openness, economic growth, manufacture, electricity consumption, and political risk in Vietnam since the economic revolution in 1986. The findings reflect opposite influence between these factors and the level of CO2 in the intermediate and long-term durations. Accordingly, foreign direct investment and CO2 emission have a bidirectional relationship, in which foreign direct investment accelerates short-term CO2 emission, but reduces it in the long run through an interactive mechanism. Moreover, economic development increases the volume of CO2 emission in both short and long run. There was also evidence that political risk has a negative effect on the environment. Overall, the findings confirm lasting negative environmental effects of economic growth, trade liberalization, and increased electricity consumption. These factors, with Granger causality, mutually affect the escalation of CO2 in Vietnam. In order to control the level of CO2, more efforts are required to improve administrative transparency, attract high-quality foreign investment, and decouple the environment from economic development.

Distribution of Factors Affecting Foreign Direct Investment in ASEAN Countries

  • Anh Thi Lan, NGUYEN;Chau Thi Minh, PHAM;Hanh Hong, NGUYEN;Dat Ngoc, NGUYEN;Duy Van, NGUYEN
    • Journal of Distribution Science
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    • v.21 no.2
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    • pp.1-6
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    • 2023
  • Purpose: Research on attracting foreign direct investment plays an important role in ASEAN countries. ASEAN has needed FDI capital for development and integration with many developing countries. Research design, data and methodology: This study is conducted to assess the impact of factors: inflation (INF), economic growth (GDP), population (POP), and trade (TRADE) on attracting foreign direct investment (FDI) of ASEAN countries. The study will find out how factors distribution contributes to FDI attraction. The study collects data from 10 ASEAN countries from 2010 to 2020. With data collected for ten countries from 2010 to 2020, data analysis with panel data will be used in this study. The Regression with Driscoll-Kraay standard errors correction model will be used in the study. Results: Panel data analysis shows that economic growth and population positively impact FDI attraction in ASEAN countries. However, two factors: INF and TRADE, do not affect FDI. Conclusions: Countries need to focus on economic development, create many good conditions for people and domestic enterprises and create opportunities for foreign investors to pay more attention. improving the quality of domestic human resources will help to better improve the working quality factor when the demand for high-quality human resources increases.

Mapping of Education Quality and E-Learning Readiness to Enhance Economic Growth in Indonesia

  • PRAMANA, Setia;ASTUTI, Erni Tri
    • Asian Journal of Business Environment
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    • v.12 no.1
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    • pp.11-16
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    • 2022
  • Purpose: This study is aimed to map the provinces in Indonesia based on the education and ICT indicators using several unsupervised learning algorithms. Research design, data, and methodology: The education and ICT indicators such as student-teacher ratio, illiteracy rate, net enrolment ratio, internet access, computer ownership, are used. Several approaches to get deeper understanding on provincial strength and weakness based on these indicators are implemented. The approaches are Ensemble K-Mean and Fuzzy C Means clustering. Results: There are at least three clusters observed in Indonesia the education quality, participation, facilities and ICT Access. Cluster with high education quality and ICT access are consist of DKI Jakarta, Yogyakarta, Riau Islands, East Kalimantan and Bali. These provinces show rapid economic growth. Meanwhile the other cluster consisting of six provinces (NTT, West Kalimantan, Central Sulawesi, West Sulawesi, North Maluku, and Papua) are the cluster with lower education quality and ICT development which impact their economic growth. Conclusions: The provinces in Indonesia are clustered into three group based on the education attainment and ICT indicators. Some provinces can directly implement e-learning; however, more provinces need to improve the education quality and facilities as well as the ICT infrastructure before implementing the e-learning.

Environmental Impacts of Port and Industrial Development Along the Thi Vai River

  • Tran, Ha Phuong;Nguyen, Tho;Nguyen, Thanh Hung
    • Journal of Environmental Impact Assessment
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    • v.18 no.6
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    • pp.435-443
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    • 2009
  • Ba Ria - Vung Tau province in Southern Vietnam is one of the fastest economic growing areas in the country, characterized by the rapid port and industrial development along the Thi Vai river. The socio-economic situation of the area has generally been improved; however, its part of the local inhabitants has not gained benefits from the changes. 35 surface water samples and 25 sediment samples were analysed with the interpretation of the SPOT images for 1995 and 2005. The data showed that rapid port and industrial development have resulted in significant losses of mangroves and agriculture land. The surface water was seriously polluted, particularly in terms of organic materials and suspended solids. It contained high and increasing oil concentrations. The river sediment was saline and slightly alkaline. It was heavily reduced, organic-rich, and contaminated with oil and heavy metals (Cu, Pb, and Cr).