• Title/Summary/Keyword: Labor Tax

Search Result 87, Processing Time 0.028 seconds

Evaluations of the Financial Status of Single Mother Households Using Financial Ratios (재무비율을 이용한 편모가계의 재정상태 평가)

  • 곽민주;이희숙
    • The Korean Journal of Community Living Science
    • /
    • v.14 no.1
    • /
    • pp.55-71
    • /
    • 2003
  • The purpose of this study was to evaluate the financial status of single mother households by financial ratios. Data was drawn from Labor Panel Survey Data in 1999, and 198 single mother households were selected. Major findings were as follows: 1) The levels of after-tax income, income per person, expenditure, expenditure per person, asset, pure asset, and debt of single mother households were lower than their counter-parts. 2) All financial ratios showed that both financial security and financial growth of single mother households were lower than their counter-parts. Especially, 22% of single mother households had the lower level of income that the lowest cost of living.

  • PDF

Economic Evaluation of Various Cooling Systems (냉방기기별 경제성 평가)

  • Kim, Young-Il;Cho, Keum-Nam
    • Proceedings of the SAREK Conference
    • /
    • 2008.06a
    • /
    • pp.214-219
    • /
    • 2008
  • In this study, medium capacity EHP and GHP for air-conditioning a building with a floor area of $1,200\;m^2$ are compared economically. To consider all the factors of initial and operation costs effectively, an annual equal payment method is proposed. For the initial cost, equipment, construction, installation, electric facility, financial subsidy and tax cut are considered. Basic electricity, energy(electricity and gas), space charge, labor, insurance and repair are considered for the operation cost. Under the assumptions made in this study, overall cost of EHP is less than that of GHP. However, different outcome may result if different assumptions are made. This study is useful for performing an economic evaluation of various air-conditioning systems.

  • PDF

The Improvement Direction of the Honorary Industrial Safety Supervisor System (명예산업안전감독관 제도의 운영현황 및 개선방향)

  • 이동형;김병규
    • Journal of the Korea Safety Management & Science
    • /
    • v.4 no.1
    • /
    • pp.11-25
    • /
    • 2002
  • Though the Honorary Industrial Safety Supervisor System was activated from 1995, the system did not show the better effectiveness due to the unconcern of top management and the insufficient support of government etc. The purpose of this study is to analyze the problems of the system and to present the improvement direction of that system. The research result points out that we have to consider the following countermeasures; First, the government should make up the support system by a law dealing with proper compensation and professional education for the supervisor, and tax reduction for companies. Second, the companies should make an effort firming up the safety consciousness of top management, and strengthening the employees' concern about safety through continuous safety education and campaign by a labor union, and promoting the supervisor's pride through recognition from top management and other employees.

Old Age Workers' Labor Market: A Model for Understanding Its Structure and Policy Implication (고령자 임금노동시장의 구조와 정책적 시사)

  • Hur, Jai-Joon
    • Korea journal of population studies
    • /
    • v.21 no.2
    • /
    • pp.58-82
    • /
    • 1998
  • It is usually proposed that job security of old age workers is hampered by the structure of wage increasing with age. This paper sets forth a model to comprehend the characteristic of the old age workers' labor market and policy implications derived from it. In order to stimulate demand for old age workers, policy initiatives should be taken as follows : the wage criteria should be simplified which apply differently from one institution to other; incentives relatively favorable for employing old age workers' in manufacturing sector should be also given to service sectors; employment subsidy or other tax incentives should be given for labor contract after the retirement age; licensing and evaluation system for job ability should be introduced based on occupation & job analysis. To lower the reservation wage of workers, mortgage loan for house and long-term low interest loan for tuition fees should be developed together with stabilization of housing cost. Wedding culture which requires high expense should be amended. Above all, it is necessary to install reasonable social security system. Policy orientation should also pay attention to reduce labor supply of the old aged via aiding old age workers' firm opening and voluntary civil service together with developing various honor programs for members of civil corps.

  • PDF

Investigating Foreign Direct Investment Attractive Factors of Korean Direct Investment into Vietnam

  • TA, Van Loi;LE, Quoc Hoi;NGUYEN, Thi Lien Huong;PHAN, Thuy Thao;DO, Anh Duc
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.6
    • /
    • pp.117-125
    • /
    • 2020
  • This paper aims to investigate FDI attractive factors, which are important to formulate policies to attract Korean direct investment into Vietnam. Based on the literature review and the results of interview with 27 Korean investors in Vietnam, we determined the model of variables attracting Korea's FDI into Vietnam. It is used to assess the impact of attractive factors belonging to three groups of variables to support investment decision; they are macroeconomics variables (including market size factor, labor cost factor, and market openness factor), policies variables (including monetary policy factor and tax rate gap factor), and microeconomics variables (geographic advantage factor representative by location). This research also utilized a relatively new quantitative research method based on the Autoregressive Distributed Lag model (ARDL) with the time data chain from 1995 to 2017 of Korean FDI into Vietnam. It analyzes long-term relationships between dependent variables and independent variables. The result of this study indicates that there are three positive factors (low wages, trade openness and government policy) explaining the FDI flows in the long term. The result also shows that incentive tax policy has had a positive impact on Korean FDI, which has satisfied the aim of seeking efficiency of Korean investors.

Analysis on the Effect of EITC(Earned Income Tax Credit) on Work Incentive -Focus on the second policy that was revised in 2011- (근로장려세제(EITC)의 근로유인 분석 -2차 개정안 근로시간 증감 비교-)

  • Kim, Gun-Tai;Kim, Yun-Young
    • The Journal of the Korea Contents Association
    • /
    • v.17 no.8
    • /
    • pp.382-395
    • /
    • 2017
  • This study tries to analyze whether the Earned Income Tax Credit (EITC), which was modified in 2011, has the effect of work incentive. In this sense, by establishing the 8th Wave of Korea Welfare Panel Study (2013) and the 9th Wave (2014), Furthermore, in order to overcome the methodological limit, the results of two-party analysis method will be compared by firstly carrying out multiple regression analysis and then performing propensity score matching analysis. The 535 households out of 6,025 were selected. The following are the results of multiple digression analysis and propensity score matching analysis. First, there was no statistically meaningful relationship with regard to the perception of the EITC. Second, there was a statistically meaningful result in the reduction of working hours with regard to whether a household received labor incentive or not. The study found that the revised EITC is not providing incentives which stimulates the will to work.

An Analysis on the Economic Impact of China's Education Industry (중국 교육산업의 경제적 파급효과에 대한 분석)

  • Sang, Li;Zhang, Yizhou;Zhang, Mengze
    • The Journal of the Korea Contents Association
    • /
    • v.21 no.9
    • /
    • pp.299-311
    • /
    • 2021
  • The purpose of this study is to analyze the ripple effect of the Chinese education industry on the national economy by using the industry-related table of 2017 by the China Statistical Office to use it as policy data for revitalization of the Chinese education industry in the future. To achieve this purpose, 149 industries in the basic classification of the industry-related table were classified into 32 industries. Based on these classifications, by analyzing the production induction coefficient, sensitivity coefficient, influence coefficient, yield inducement coefficient, production tax induction coefficient, and labor induction coefficient, etc. The purpose of this study is to understand the relationship between different industries and to find out the economic impact of the Chinese education industry. The analysis results show that in 2017, the total production induction coefficient of China's education industry was 1.7188, the row total was 1.0626, the sensitivity coefficient was 0.01211, the influence coefficient was 0.01958, the income induction coefficient was 0.6667, the production tax induction coefficient was 0.035, and the final demand was 1 billion yuan. When this occurs, the labor induction coefficient shows a total of 31,254 persons (indirect 15,541 persons, direct 15,713 persons). Based on the analysis results, this study suggested the implications that government support, technology introduction and application of new operating models, policy regulations, and efficient supervision of the system and president are required for further development of the Chinese education industry.

The Effects of Profit-Sharing Schemes on Productivity through Firm's Contribution to the Employee Welfare Fund (사내근로복지기금제도를 통한 이윤공유참여의 생산성효과)

  • Cin, Beom Cheol
    • Journal of Labour Economics
    • /
    • v.26 no.3
    • /
    • pp.115-147
    • /
    • 2003
  • This paper scrutinizes the robustness of the profit-sharing findings first employing an original panel data on the Employee Welfare Fund over the period from 1992 to 2000. In examining the effects of profit-sharing schemes on labor productivity, it controls for simultaneity among profit-sharing, production factors, and productivity using both the two-stage least squares procedure and the lagged variable method. The empirical results show that an increase in firm's contribution to the Employee Welfare Fund is associated with capital-embodied and disembodied productivity enhancement, which is both statistically and economically highly significant. The empirical results are in contrast with predictions of both agency and transaction cost theories, and they imply that more tax benefits and financial incentives for expansion of the Employee Welfare Fund should be required to get productivity gains.

  • PDF

Why the states has no housework policy\ulcorner : The political issue on housework (가사노동의 정채적 반영을 위한 연구)

  • 윤소영
    • Journal of Families and Better Life
    • /
    • v.15 no.1
    • /
    • pp.41-52
    • /
    • 1997
  • This paper explored the public issue on housework analyzed the policy and the law associated housework and developed the theorical model for its political program. This idea is dependent that the policy has priority over change of the social ideology. That policy contains a campaign and a education to be aimed to share of housework in order to make responsibility of men as well as women on family and work. Also it contains economic value estimates to quantify and value the non-wage work(childcaring homemaking etc.) in order to confirm its productive activity. It would assume the lawful form as like a social security or a pension. For example the Family Rights Law Tax Law and Social Security Act have to be reflected on the value of housework and to be secured the social status of provider. After all this work was useful to improve a wage and a social status of all women. As consistent policy and operation associated housework are poor in Korea it is difficult to develop theoric l model on this theme. On the range a political proposal on housework would be bound by family policy(evaluation of housework) and women's labor policy(housework support). So the policy intend to secure a family life to improve welfare of women and to equilibrate the family and the work.

  • PDF

Split Households and Relative Poverty (분가와 상대적 빈곤)

  • Kim, Dae Il
    • Journal of Labour Economics
    • /
    • v.42 no.4
    • /
    • pp.31-57
    • /
    • 2019
  • This paper investigates the determinants of household splitting and offers the implication on relative poverty. Household splitting is more likely among high-income households, and also ensued by an increase in the number of job holders and household income, which indicate that household splitting has the nature of a normal good. A counter-factual analysis suggests that the relative poverty rate ould have been only one-third to one-eighth of the actual rate among the old households if they had lived together with their children. These results indicate that the social policy toward the old households without due consideration on the children's financial capability is quite likely to bring about the inefficiency of wasting tax money on essentially non-poor households.

  • PDF