• STI Policy Review
• /
• v.6 no.1
• /
• pp.1-23
• /
• 2015

Based on the work of Anand et al. (2013) we measure inclusive income growth, which combines growth in gross domestic product (GDP) per capita and growth in the equity of the income distribution. Extending the work of Causa et al. (2014), we estimate a dynamic simultaneous structural equations model of GDP per capita and inclusive income on panel data for 63 countries over the 1990-2013 period. We estimate both equations in error correction form by difference GMM (generalized method of moments). Among the explanatory variables of the level and the distribution of GDP per capita we include R&D (research and development) expenditure per capita. In OECD countries we obtain a large positive effect of R&D on GDP. R&D is found to have a positive effect on the social mobility index but its impact on the income equity index at first decreases, then switches around to become slightly positive in the long run. In non- OECD countries, R&D is found to decrease inclusive income, mostly through a negative growth effect but also because of a slightly increasing income inequity effect.

• Journal of the Korean Society for Marine Environment & Energy
• /
• v.15 no.2
• /
• pp.118-125
• /
• 2012

World population has increased rapidly following the industrial revolution, reaching 7 billion in 2012. Several forecasts estimate that this number will rise to about 8 billion in 2025. Improvements of living standards in developing nations have also raised resource and energy demands worldwide. In consequences, human beings have faced many global and urgent problems, such as global warming, water and food shortages, resource and energy crises, and so on. Many ocean utilization technologies for avoiding or reducing such big problems have been developed, for examples $CO_2$ ocean sequestration, seawater desalination, artificial upwelling, deepwater mining, and ocean energies. It is important, however, to assess such technologies from the viewpoints of sustainability and public acceptancy, since the aims of those technologies are to develop sustainable social systems rather than conventional ones based on fossil resources. Inclusive Marine Pressure Assessment and Classification Technology Research Committee (generally called IMPACT Research Committee) of Japan Society of Naval Architects and Ocean Engineers, has proposed Inclusive Impact Index "Triple I" as an indicator, which can predict both environmental sustainability and economical feasibility, in order to assess the ocean utilization technologies from the viewpoints of sustainability and public acceptancy. This index was considered by combining Ecological Footprint and Environmental Risk Assessment. The Ecological Footprint and the Environmental Risk Assessment are introduced in the first part of this paper. Then the concept and the structure of the Triple I are explained in the second part of this paper. Finally, the economy-ecology conversion factor in Triple I accounting is considered.

• Journal of the Korean Society for Marine Environment & Energy
• /
• v.16 no.3
• /
• pp.181-188
• /
• 2013

The increase of carbon dioxide ($CO_2$) emission is known as one of the major causes of global warming, and it has a strong influence on the global environment. Therefore many researchers and politicians have tried to regulate the $CO_2$ emission. In regards to the matter, the IMPACT (Inclusive Marine Pressure Assesment and Classification Technology) committee under the Japan Society of Naval Architects and Ocean Engineers (JASNAOE) has developed an inclusive environmental impact assessment index, so-called "Triple I(III)", in order to assess the environmental impact including economic factors due to the artificial development of marine. In this study, III was applied to compare between the environmental impact of $CO_2$ emitted by container vessels during their life-cycle period and economic benefit due to their operating. Furthermore, III was also applied to assess the comprehensive environmental impact for the cases with various capacities of container vessels and different sailing route. From the results, the case for shortening of the sailing route is more effective to get the advantageous assessment results of III than the case for varying the size of vessels.

• Journal of Ocean Engineering and Technology
• /
• v.25 no.4
• /
• pp.54-58
• /
• 2011

The need and importance of developing and utilizing the oceans, not only as sources of renewable energy and mineral resources, but also as countermeasures to global warming such as for CCS (carbon capture and storage), have continued to increase, especially in countries with limited land areas and resources. Therefore, it is necessary to assess the sustainability of an ocean utilization technology or system not only from an economic point of view but also from an ecological one. For this purpose, it might be effective to develop a comprehensive evaluation method and/or index, by which the assessment of and decisions about a technology and system can be made more objectively. It would also be useful to have an environmental simulation model, which was developed and reported in a previous research. The aim of this study was to modify a reasonable and quantitative index, with which a comprehensive evaluation system can be established, to assess environmental sustainability and risk.

• Journal of Preventive Medicine and Public Health
• /
• v.56 no.6
• /
• pp.515-522
• /
• 2023

Objectives: The pandemic caused by coronavirus disease 2019 (COVID-19) has exerted an unprecedented impact on the health of populations worldwide. However, the adverse health consequences of the pandemic in terms of infection and mortality rates have varied across countries. In this study, we investigate whether COVID-19 mortality rates across a group of developed nations are associated with characteristics of their healthcare systems, beyond the differential policy responses in those countries. Methods: To achieve the study objective, we distinguished healthcare systems based on the extent of healthcare decommodification. Using available daily data from 2020, 2021, and 2022, we applied quantile regression with non-additive fixed effects to estimate mortality rates across quantiles. Our analysis began prior to vaccine development (in 2020) and continued after the vaccines were introduced (throughout 2021 and part of 2022). Results: The findings indicate that higher testing rates, coupled with more stringent containment and public health measures, had a significant negative impact on the death rate in both pre-vaccination and post-vaccination models. The data from the post-vaccination model demonstrate that higher vaccination rates were associated with significant decreases in fatalities. Additionally, our research indicates that countries with healthcare systems characterized by high and medium levels of decommodification experienced lower mortality rates than those with healthcare systems involving low decommodification. Conclusions: The results of this study indicate that stronger public health infrastructure and more inclusive social protections have mitigated the severity of the pandemic's adverse health impacts, more so than emergency containment measures and social restrictions.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.10
• /
• pp.109-117
• /
• 2021

This study investigates the effects of FDI and other macroeconomic variables on Total Factor Productivity (TFP) in selected ASEAN+3 countries from 1981 till 2016. Total Factor Productivity (TFP) for each ASEAN+3 country was constructed using the Malmquist productivity index method. Then, a panel ARDL framework (dynamic heterogeneous panel), namely Pooled Mean Group (PMG), Mean Group (MG), and Dynamic Fixed Effect (DFE) are employed in examining the effects of FDI and other controlling variables on TFP. The new findings show that FDI has a significant and positive impact on TFP in the long run and the short run in ASEAN+3 countries. Besides, the results also reveal that in the long run, other variables such as the average number of years of schooling and the ratio of high-skilled to low-skilled labor also have a significant and positive effect on TFP. However, economic openness, government expenditure on R&D, and interaction between countries and FDI have a negative and significant impact on TFP. These findings implied that the recipient countries must ensure their political stability and offer various incentives to attract more investors. Furthermore, the influx of foreign investors, especially large ones and lower costs, should be encouraged by each country as FDI inflows can boost their TFP growth.

• Management & Information Systems Review
• /
• v.32 no.1
• /
• pp.289-309
• /
• 2013

Social enterprise has moved from periphery to take center stage. Social enterprises are a truly global phenomenon and associated with solving social problems with business approaches. While the numbers of social enterprises have grown and their impact is likely to continue to do so, it would be dangerous to assume that the revolutionary momentum will automatically continue, because social enterprise faced sustainability challenges. This study collected the data from directory of Korean Social Enterprise to conduct a quantitative research on the growth of social enterprise in South Korea. This study conducted longitudinal analysis of 491 social enterprise certified between 2007 and 2010, of economic performance with financial index and social impact with employment structure. Though global financial crisis, Korean social enterprises show that there is a considerable increase in all of quantitative and qualitative aspects. Korean social enterprises have provided meaningful work to those normally excluded from the labour market and tried to raise their life of working. In the future, Korean social enterprises should find a way to balance social and financial performance and ensure the sustainability of the business.