• The Journal of Asian Finance, Economics and Business
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• 제9권5호
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• pp.11-18
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• 2022

Current research intended to measure the spillovers of education and on-the-job training to enhance sustainable economic development. Consideration of research and development expenditures for on-the-job training expands the impact of education and, thus, may provide spillovers for Pakistan's economic growth. The primary focus of this research is to look at the combined impact of education and research and development spending as value-added variables for sustainable growth. The econometric study uses data from a variety of sources, including the Pakistan Bureau of Statistics, the Pakistan Economic Survey, and world development indices. The secondary annual time series data from 1976 to 2019 are analyzed. To adequately estimate the empirical model, ARDL has been used while the presence of the unit root has been tested using the ADF test. The findings show that education, research, and development all contribute to all-inclusive, sustainable economic growth. Labor and capital, among other traditional components, continue to be the backbone of the development process. Still, the spillover effect is much enhanced with the expansion in education and the on-job training in the form of research and development expenditures. Consequently, the introduction of research and development in education will lead to a sustainable and inclusive economy.

• 한국게임학회 논문지
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• 제15권5호
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• pp.57-78
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• 2015

본 연구는 일국의 경제 발전에서 포용적 제도가 미치는 영향을 알아보기 위한 것이다. 이에 미래 경제성장을 견인할 수 있는 인덱스로 게임산업에 주목하고, 독일과 한국의 게임의 제도화 과정과 제도의 차이가 게임산업 발전에 미치는 영향을 비교하였다. 여기서 한국과 독일의 게임제도를 비교하는 이유는 양국에서 게임은 국가주도에 의해 육성되기 시작하였지만, 현 시점에서 한국과 독일의 게임제도는 첨예하게 대립되고 있다는 점에서, 이러한 차이가 발생하는 주요 지점으로 제도에 주목할 수 있기 때문이다. 본 연구의 결과, 첫째, 게임의 제도화 과정에서 개방적/폐쇄적 연결망은 게임의 사회적 위상에 영향을 준다. 이로 인해 둘째, 법제도에서 게임 인력은 독일의 경우 아티스트로, 한국의 경우 잠정적으로 중독자(중독생산자)로 분류되며, 인센티브 제도에서도 독일은 게임산업의 수익이 재투자되는 창작자 보호로, 한국은 그 수익이 중독치료를 위한 집단으로 이전되는 징벌적 수탈로 이어지게 된다. 셋째, 이러한 제도적 포용성의 차이는 게임시장 규모의 성장과 창조기업 및 인력의 지역적 유입에 영향을 미치고 있었다. 이같이 유망 산업인 게임산업에 대한 포용성의 상실은 한국사회가 경제발전의 기회로부터 멀어지는 결과를 가져올 수 있음을 시사한다.

• The Journal of Asian Finance, Economics and Business
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• 제7권2호
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• pp.143-149
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• 2020

Low inflation and sustainable growth have been the major macroeconomic goals being pursued by every developing country, Vietnam inclusive. The effect of inflation on economic growth has been intensively analyzed by a variety of studies, but the empirical evidence more often than not remains controversial and ambiguous. One common hypothesis of previous studies is that they have assumed that the effect of inflation on growth is symmetric. The main purpose of this study is to investigate the asymmetric effect of inflation and money supply on economic growth using the Nonlinear Autoregressive Distributed Lag approach introduced by Shin, Byungchul, and Greenwood-nimmo (2013) for Vietnam over the period 1990-2017. Empirical results provide evidence that the effects of inflation on economic growth are negative and asymmetric in the long run. The impact of money supply on growth is positive in both the short-run and long-run. Accordingly, the impact of the increase in the inflation rate is bigger than the decreasing in the long-run. This different impact is significant and high inflation will destruct economic activities. As a result, the study provides empirical evidence for the authorities to plan monetary policies and control the rate of inflation to achieve sustainable economic development in the long-run.

• 동아시아경상학회지
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• 제11권4호
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• pp.1-10
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• 2023

Purpose - Investigating the connection between 'Oriental philosophy' and financial success is an adventure into the world of old knowledge and its applicability to the modern era. Thus, the current study aims to find ways to approach economic growth in a more inclusive, sustainable, and comprehensive way if we can sort out the complex webs that bind these two fields. Research design, data, and methodology - The main component of the current study is a thorough literature investigation in the current major database that gathers information from fifteen significant research articles. Numerous disciplines, including political science, economics, philosophy, and cultural studies, are represented among the selected papers. Result: The finding section provides a comprehensive knowledge of how concepts of oriental philosophy intersect with and have the capacity to revolutionize economic systems by delving into the subtle insights gleaned from the literature survey, case studies, and comparative analyses. Conclusion - The study concludes that oriental philosophies' emphasis on social harmony and community welfare points to the necessity of policies beyond only looking at financial data. Practitioners can use the study's conclusions to guide the creation of inclusive policies that put the welfare of all people first, deal with social injustices, and advance environmental sustainability.

• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.1205-1214
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• 2020

The poverty level in Buru Regency is still high, despite the relatively stable economic growth. For this reason, the purpose of this study was to (1) Identify the leading commodity in each district in Buru Regency; (2) Analyze the effect of road infrastructure and leading commodities on poverty. The findings show that the most sparsely populated district is Fena Leisela, with mangoes as the leading commodity. Pineapple, langsat, apple rose, cabbages, cashews, coffee, cashew, melon, and watermelon are the leading products in Air Buaya, Batabual, Waplau, Lolong Guba, Lilialy, Waelata, Namlea, Kaiely Bay, and Waeapo, respectively. Additionally, the results also indicate that road infrastructure and leading commodities have a significant effect on poverty alleviation in Buru Regency. It means that improving infrastructure and increasing leading commodities production reduce poverty in the region. Good road infrastructure can promote connectivity between regions so that it can accelerate and expand economic development. The provision of infrastructure that encourages connectivity will reduce transportation costs and logistics costs to increase product competitiveness and accelerate the economic movement. When the road infrastructure in Buru Regency improves and new roads are built, it can improve transportation access, it will reduce the living cost for the poor and increase income, and open up opportunities for the poor to benefit from economic growth.

• The Journal of Asian Finance, Economics and Business
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• 제8권2호
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• pp.111-122
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• 2021

The main purpose of the present research is to analyze the effects of trade, financial globalization, and technological progress on income inequality in the Indian economy over the period from 1982 to 2018. For this purpose, the study uses economic growth, financial globalization, trade openness, technological development, and economic inequality variables with appropriate proxies. The study employs the Auto Regressive Distributed Lag (ARDL) approach to co-integration and VECM based Granger causality approach to estimate both the short-run and long-run relationship and causality among variables. Using the ARDL bounds test, the study finds a long-run co-integrating relationship existing among the variables in the model. The study confirms the existence of a positive and significant impact of technological progress on income inequality. Further, globalization's limited impact reflects two offsetting tendencies; trade globalization is associated with a reduction in income inequality, while financial globalization is related to an increase in inequality. The results of VECM based Granger causality approach further confirm that technological progress, trade, and financial globalization causes income inequality both directly and indirectly through economic growth and inflation. In case of India, the results of this research can significantly facilitate stakeholders and policymakers in devising policies towards effective globalization and technological innovation for inclusive growth.

• Asian Journal for Public Opinion Research
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• 제9권3호
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• pp.266-292
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• 2021

Vertical growth is viewed as the solution to the problem of urban housing. The present study aims to be multifocal in approaching the phenomenon of apartment living in Lahore, Pakistan. The primary focus of the research was to evaluate the satisfaction with and favorability of vertical living among the dwellers; however, the research was extended to include the in-depth experiences of adolescents regarding privacy because it was observed that this age group was being neglected severely in the distribution of privacy in apartments, as well as in research. The data was first collected from 150 respondents through a survey, and then interviews of 10 adolescents were conducted to explore notion of privacy. The findings highlight that, despite being satisfied with the infrastructural aspects of the building, the residents do not prefer vertical living over horizontal housing. The adolescents in apartments also prefer horizontal housing over vertical living to avoid the feeling of crowdedness that is associated with vertical growth due to shared space and proximity. The utilization of spaces within apartments is associated with certain elements of development of the personality during this age. The findings of the present study can be helpful for sustainable vertical housing policy development and implementation.

• 토지주택연구
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• 제8권2호
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• pp.33-53
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• 2017

The UK Government's approach to how to deliver regeneration in its towns and cities has changed considerably in recent years. Traditionally, urban regeneration policy focused on reversing physical, economic and social decline in an area where market forces would not do this without intervention. Since 2010 urban regeneration has become a vital part of the Government's approach to increasing local growth and competitiveness and building a strong and balanced economy. The current emphasis is on a place-based approach to regeneration that builds on the particular strengths of different places to drive growth and addresses the factors that hold them back. This paper outlines the key features of current UK urban regeneration policy and how interventions to support regeneration and growth are being pursued at different spatial scales to ensure all parts of the country benefit. They include pan regional initiatives like the Northern Powerhouse and Midlands Way, to groups of local authorities operating at a sub regional level (combined authorities/city regions), Local Enterprise Partnerships, and a variety of smaller scale programmes delivering regeneration in areas of economic and social decline. The paper explains some of the policy instruments and funding programmes available to support regeneration, and provides case studies of some major urban regeneration projects that illustrate the new approach including housing and infrastructure improvements like the planned High Speed Rail 2 line. These are supporting regeneration through the creation of strategic partnerships involving government, places and investors. The paper concludes with some lessons from past and future regeneration schemes to improve their effectiveness and impact on places and enhance local growth potential.

• Asia Pacific Journal of Business Review
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• 제1권1호
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• pp.67-88
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• 2016

This study aims to help address concerns about the growing demand of wider bandwidth Internet connection in the Philippines. Using articles and research of international organizations and content from official websites of the Philippine government, this paper has carefully examined the slow Internet connectivity and the high cost that the end-users pay for it. This paper suggests that this inefficiency hampers the motivation of users to innovate in a way that could contribute to inclusive growth and the development of an inclusive information society. Through a comparison of the current global ICT situation with the current situation in the Philippines, this paper shows that the country's Internet infrastructure lags behind among those of contemporary developing countries in Asia, particularly in terms of Internet connectivity. In 2015, Thailand had an average Internet speed of 7.4 Mbps, Sri Lanka 7.4, and Malaysia 4.3. Meanwhile, the Philippines had a meager average Internet speed of 2.8 Mbps, placing the country at 104 among 160 countries, with developed countries in Asia such as South Korea (23.6 Mbps) and Singapore (12.9 Mbps) ranking 1 and 12, respectively. Findings show that the lack of competition in the Internet connectivity market, among other reasons, is at the root of the dilemma of slow and costly Internet connection. Assessing the accomplishments of the Republic of Korea and other broadband-leading countries has provided practical insights and recommendations that can promote competitiveness. Furthermore, related literature argues how ISP practices may affect Internet speed and cost. This study offers an approach in improving Internet connectivity in the Philippines by bridging the gap between the Internet infrastructure market and government policies.

• 한국콘텐츠학회논문지
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• 제20권10호
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• pp.177-189
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• 2020

본 연구는 심양 서탑 코리아타운의 장소성을 새롭게 규명하기 위하여 포용도시의 주요 담론을 토대로 행위자-연결망 이론에 기반한 도시 포용성의 개념적 구조를 확립하고, 이를 해당 공간에 적용하여 분석하였다. 사례 분석의 과정은 신중국 건국부터 현재까지의 시기를 서탑 코리아타운의 맹아기와 발전기로 나누어 주요 행위자를 추출하고, 이 지역의 변화를 대표하는 여섯 개의 시기별로 각각의 행위자-연결망의 네트워크 그래프를 작성하였다. 이를 통하여 해당 공간의 도시 표용성 변화 추이를 해석하고 포용도시의 실현가능성을 전망하였다. 본 연구의 결과는 다음과 같다. 첫째, 서탑 코리아타운을 구성하는 행위자의 수와 종류는 한중 수교를 기점으로 빠르게 증가하였으며, 행위자-연결망 역시 도시 포용성의 전 지표에서 지속적으로 강화되었다. 둘째, 서탑 코리아타운의 특수성을 대표하는 조선족, 한국인, 현지인, 북한인 등의 주요 인간 행위자들의 행위성이 비약적으로 증진하였다. 셋째, 문화교류와 관련 정책 행위자가 성장하면서 이 지역의 행위자-연결망은 유래없는 도약을 성취하였다. 결론적으로, 심양 서탑 코리아타운의 도시 포용성은 지속적으로 상승하고 있으며, 이 지역의 도시 포용성을 더욱 향상시킬 잠재적 요인 또한 다수 관찰된다.