• 제목/요약/키워드: Korea Economic

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가계의 사교육비 지출과 경제적 복지 (Private Education Expenditure for Children and Economic Well-being of Household)

  • 이승신
    • 대한가정학회지
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    • 제40권7호
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    • pp.211-227
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    • 2002
  • The issue of children′s education is the most important issue for all households in Korea. It is certain that the issue of private education for children is the first issue among household′s issues. This study is to recognize the current pictures of household primate education of Korean households. Also, whether the expenditure of private education effect the economic will-being of household. The data for this study was"the 3th Korean Labor Panal", conducted by Lobor in Korea. The sample was 1950 households from the panel data. The results of this study was as following: 1. The mean of monthly private education expenditure was 149273won for all households and 217,100won for households with high school students. 2. Almost 70% households had economic burden for private education expenditure. 0% households had no economic burden. 3. The factors of influencing the level of economic burden for private education were mother′s education level, mother′s job, the number of children, living location, monthly income, total asset of household′s. The factors of influencing the amount of monthly private education expenditure positively were living in 4. The economic well-being of household was analyzed by socio-economic variables, household′s financial variables, monthly private education expenditure, the level of economic burden of private education. The economic well-being were sub-categorized 4 divisions; the level of economic problem, the level of satisfaction for household′s income, the level of satisfaction for general living, the level of subject economic condition)

베이비부머 가계의 경제구조 및 경제적 만족도 분석 (A Study of the Economic Structure of Baby Boomer Households and the Determinants of Economic Satisfaction in Korea)

  • 서지원
    • 가족자원경영과 정책
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    • 제16권1호
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    • pp.41-66
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    • 2012
  • Recently, Korean baby boomers, which make up approximately 15% of the total population, have begun to retire. Their economic well being is one of Korea's most important social issues. The purpose of this study was to compare the economic structure of baby boomers' households with that of the prior generation, as well as to analyze the determinants of economic satisfaction from the perspective of "work" and "child educational burden." In addition, group comparisons were made regarding economic resource allocation between baby boomers and the prior generation and within baby boomers of different work and child educational burden statuses. Data from the 2nd wave of the Korean Longitudinal Study of Ageing (KLoSA), including baby boomers and the generation prior to the baby boomers, were used. The major findings were as follows. First, the baby boomers had a different economic structure, level of economic satisfaction, and economic resource allocation when compared to the prior generation. The economic structure of baby boomers in terms of income, expenditure, savings and assets, debts, and trust in policies significantly differed from their counterparts. Second, the determinants of economic satisfaction and the propensity of resource allocation were different depending on whether they worked or had a child educational burden, respectively. Based on these empirical results, policy implications for the future economic well being of baby boomers were provided.

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인천 경제자유구역이 인천시 자치구(군)간 지역불균형에 미치는 영향분석 (The Impact of the Incheon Free Economic Zones on Regional Disparities in Incheon)

  • 김보라;최진무
    • 한국경제지리학회지
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    • 제17권1호
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    • pp.86-97
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    • 2014
  • 인천 경제자유구역은 2003년 우리나라에서 처음 지정된 경제자유구역으로서, 3개 지구 즉, 송도, 청라, 영종지구를 포함한다. 기존연구에서는 경제자유구역에 대해 국가경제적인 차원에서의 경제자유구역 활성화 방안이나 외자투자유치 문제점 등이 주요 논점으로 연구되었다. 그러나 경제자유구역 개발로 인한 지역경제와의 연관성이나 배후지와의 연계발전, 지역균형발전 등의 관점에서의 연구는 현재까지 미비한 실정이다. 이에 본 연구는 인천 경제자유구역 법률제정(2003년)을 기점으로 전기(1996~2002년)와 후기(2003~2009년) 총 14년 동안의 인천시 자치구(군)간의 지역불균형의 원인과 특성을 분석하여 인천 경제자유구역이 인천시 지역불균형에 미치는 영향을 연구하고자 하였다. 그 결과 인천 경제자유구역 개발이 지역경제 활성화와 구도심 파급효과로 연결되지 못하고 있음을 알 수 있었으며, 경제자유구역 내 대규모 아파트건설이나 기반시설건설은 구도심과의 불균형을 더욱 커지게 하고 있는 것으로 분석되었다.

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일본의 FTA정책과 경제적 효과 (Japan's FTA Policy and Economic Effect of FTA)

  • 김정욱
    • 통상정보연구
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    • 제8권2호
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    • pp.249-274
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    • 2006
  • This study extensively investigated Japan's FTA strategy and plan of FTA policy and analyzed the economic effect caused by it. In the analysis of economic effect using world economical model shows not only positive economic effect in home country but also to the foreign country. Recently, Japan's bilateral relation with Korea and China is getting worse, not in a friendly way. Consequently Japan's future FTA negotiation will be expected to be focused on the East-Asia region. In other words, Japan expressed assistance for the purpose of communication, stability and prosperity in the East-Asia and will seek individual economic cooperation with each East-Asia country trying to reinforce the stand of Japan. This means that Japan is trying to improve the relation with Korea and China in the other way because it cannot change the relation with Korea and China on its own. That is to say, It can be interpreted as Japan is trying to reinforce the economic cooperation with other East-Asia countries for the realization of East Asia community rather than directly negotiating with Korea or China.

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R&D Expenditure, International Trade and Economic Growth: Korea's Experience

  • Yi, Myung-Hoon;Mah, Jai-Shin
    • 유통과학연구
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    • 제14권3호
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    • pp.39-44
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    • 2016
  • Purpose - The purpose of this research is to investigate whether Korea's economic growth can be explained by the endogenous growth theory. Specifically, we test whether R&D expenditure has a positive and significant effect on the economic growth. Research design, data, and methodology - We hypothesize that R&D expenditure has a positive effect on the economic growth after adding control variables in the growth equation. Korean annual data from 1963 to 2011 from Science and Technology Annual of the Ministry of Education, Science and Technology, the Bank of Korea, etc. are used. We estimate the growth equation by GMM in addition to OLS. Results - We found that R&D expenditure has a positive and significant effect on the economic growth after adding the ratio of investment to GDP, the ratio of FDI to GDP, the ratio of government expenditure to GDP, inflation and the ratio of trade openness to GDP as control variables in the growth equation. Conclusions - Our results show that Korea's rapid economic growth for the past five decades can be explained by the R&D-based endogenous economic growth theory. Our results suggest that the policy attention of the Korean government be paid to R&D promotion.

지역물류산업과 경제성장의 관계에 대한 패널분석 (Panel Analysis of Relationship Between Regional Logistics Industry and Economic Growth in Korea)

  • 최봉호;이기환
    • 무역학회지
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    • 제44권2호
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    • pp.173-188
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    • 2019
  • The purpose of this study is to investigate the causal relationship between the logistics industry and the economic growth in Korea, and to provide implications for the contribution of the logistics industry to economic growth. Unlike Previous Related Studies, we derive short-term and long-term effects through dynamic panel analysis such as panel Granger causality test and impulse response function estimation using panel vector error correction model. The results of the empirical analysis are as follows: Labor input of the logistics industry has the greatest positive impact on economic growth. And capital input and total sales of the logistics industry have a negative effect on economic growth. This means that Korea's logistics industry features labor-intensive growth. In addition, We have also found that the growth (sales) and capital input of the logistics industry have not yet had a direct positive impact on economic growth. Therefore, the results of this analysis provide implications for the direction of logistics industry policy to enhance contribution of the logistics industry to economic growth.

김정은 시대 북한의 경제특구전략: 영역화, 분권화, 그리고 중국식 개혁개방? (North Korea's Special Economic Zones Strategy in the Kim Jong-Un era: Territorialization, Decentralization, and Chinese-Style Reform and Opening?)

  • 이승욱
    • 한국경제지리학회지
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    • 제19권1호
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    • pp.122-142
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    • 2016
  • 이 연구는 1990년대 초반부터 시작된 북한의 경제특구 실험의 의의를 북한의 체제변화와 한반도 지정학적 질서의 변화 측면에서 살펴보았다. 구체적으로 북한 경제특구 정책의 변화과정을 북한 경제특구 전략 고유의 영역화 논리, 분권화/분산화에 대한 강조, 그리고 중국 개혁개방모델과의 비교 등 세 가지 측면을 중심으로 분석하였다. 이를 통해 북한 경제체제의 변화를 폐쇄에서 개방으로 이해하는 단선적 접근을 비판하고, 북한 특구전략의 역동성을 다층적인 차원에서 접근하였다. 북한의 경제특구전략을 경제난에 의한 불가피한 선택이나 중국과 같은 개혁개방 노선을 따르는 것으로 이해할 수는 없으며, 오히려 특구전략 기저에 작동하고 있는 지정학적 논리와 함께 지방경제발전에 대한 강조를 중심으로 보아야 한다고 주장하였다.

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The Effect of Trade Agreements on Korea's Bilateral Trade Volume: Mitigating the Impact of Economic Uncertainty in Trading Countries

  • Heedae Park;Jiyoung An
    • Journal of Korea Trade
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    • 제27권5호
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    • pp.153-166
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    • 2023
  • Purpose - This research empirically analyzes the influence of economic policy uncertainty and free trade agreements (FTAs) on bilateral trade volumes between Korea and its trading partners. The study investigates whether fluctuations in the Economic Policy Uncertainty Index (EPUI) for both Korea and its trading partners significantly impact trade volumes and whether the implementation of FTAs mitigates these effects. Design/methodology - The study employs dynamic panel data analysis using the system generalized method of moments (system GMM) estimation method to achieve its research objectives. It utilizes country-month-level panel data, including the EPUI, trade volume between Korea and its trading partner countries, and other pertinent variables. The use of system GMM allows for the control of potential endogeneity issues and the incorporation of country-specific and time-specific effects. Findings - The analysis yields significant results regarding the impact of economic policy uncertainty on Korea's exports and imports, particularly before the implementation of FTAs. An increase in the EPUI of trading partners leads to a notable increase in Korea's exports to them. Conversely, an increase in Korea's EPUI negatively affects its imports from trading partners. However, post-FTA implementation, the influence of each country's EPUI on trade volume is neutralized, with no significant difference observed. Originality/value - This research contributes to the existing literature by providing empirical evidence on the interaction effects between economic policy uncertainty and FTAs on bilateral trade volumes. The study's uniqueness lies in its examination of how FTAs mitigate the impact of economic uncertainty on trade relations between countries. The findings underscore the importance of trade agreements as mechanisms to address economic risks and promote international trade relations. In a world where global market uncertainties persist, these insights can aid policymakers in Korea and other countries in enhancing their trade cooperation strategies and navigating challenges posed by evolving economic landscapes.

Economic Growth, Crisis, and Recovery in Cameroon: A Literature Review

  • Tambi, Mbu Daniel
    • 산경연구논집
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    • 제6권1호
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    • pp.5-15
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    • 2015
  • Purpose - This study reviews Cameroon's economic growth, crisis, and recovery, aiming to: review the principal factors of Cameroon's real economic growth; explore the causes of its economic crisis analyze the determinants of its economic recovery; and suggest appropriate policies to ameliorate economic growth. Research design, data, and methodology - By reviewing the relevant literature and economic indicators, we observed that from the 1980s to the present, Cameroon experienced all the possible business cycle phases: economic prosperity (until 1985), economic and social crisis (1986-1994), and renewed economic growth (after 1995). Results - As a result of the economic changes in Cameroon, its macroeconomic indicators have evolved. Poverty and inequality have changed in both quantitative and qualitative terms. Throughout the examined period, rural poverty has become more widespread, deeper, and more severe than urban poverty, while inequality has experienced greater increases in urban areas relative to rural zones. Conclusions -To reap maximum benefits and reduce poverty from these economic changes, Cameroon needs to liberalize trade and foreign exchange transactions to attract foreign investment, especially during the current globalization.

한국과 러시아의 경제제재에 따른 무역구조 변화 분석 (Analysis of changes in trade structure due to economic sanctions by Korea and Russia)

  • 코르순 블라다;안태건
    • 무역학회지
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    • 제47권6호
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    • pp.229-246
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    • 2022
  • In order to understand the economic damage of economic sanctions on trade between Korea and Russia, a trade structure analysis was conducted through statistics on import and export trade between Korea and Russia. Through the structural analysis of product trade, we tried to accurately analyze the current status of product trade between Korea and Russia. In the trade structure analysis, it was confirmed that the trade in goods between Korea and Russia decreased the most in market share and trade concentration. However, trade specialization, comparative advantage by market, and intra-industry trade index were not significantly affected despite strong economic sanctions. from Russia's point of view Smart measures are needed to address the current situation to avoid a greater economic downturn. The end of the war and the restoration of partnership with other countries are considered the most beneficial solutions for Russia and all countries, but it is difficult to predict how the war will go or what economic situation Russia will be in after the war.