• Title/Summary/Keyword: Market economy

Search Result 1,568, Processing Time 0.021 seconds

A Study on Job Creation and Spatial Mismatch in Jeollabuk-do: An Evaluation of Korean Regional Employment Survey Micro-data (전라북도 14개 시군의 일자리 창출과 직주불일치에 관한 연구 -지역별고용조사 자료를 중심으로-)

  • Lee, Chung Sup;Eun, Seog In
    • Journal of the Korean Geographical Society
    • /
    • v.48 no.2
    • /
    • pp.239-258
    • /
    • 2013
  • This study aims to examine that Jeollabuk-do 14 cities and counties's job creation policy would lead to a virtuous circle of the local economy through measuring the ratio of spatial mismatch. We suppose that the higher proportion of spatial mismatch in a city or county is, the lower multiplier effect contributes the local economy, especially in the income of residents and the influx of population. For the analysis, this study uses Korean Regional Employment Survey Micro-data and calculates the labor demand self-sufficiency(LDSS) rate of every local labor market for measuring the degree of spatial mismatch. Also we calculate the LDSS rate of employment status, industry, job classification and wage for testing the independency of local labor market. After analyzing, just Jeonju, Gunsan, Iksan, and Namwon could be regarded as independent local labor market where LDSS rates are above 75% in most criteria. But other local labor markets depend on outer labor supplies. For the development of regional economy, it is necessary to consider the creation of 'good jobs' that can induce the labor in parallel with the quantitative increase of employment.

  • PDF

Correlation Analysis Among the Price of Apartments in Seoul, Stock Market and main Economic Indicators (서울지역 아파트가격과 주식시장 및 주요 경제지표와의 상관관계 분석)

  • Choi, Jeong-Il;Lee, Ok-Dong
    • Journal of Digital Convergence
    • /
    • v.12 no.2
    • /
    • pp.45-59
    • /
    • 2014
  • Real estate has been the most preferable investment asset since 1980's has begun. Especially the ups and downs of housing price influence significantly on the household and national economy for a digital economy. In this analysis, monthly movement of apartment price of Seoul and its correlation with KOSPI, construction concerned shares, securities concerned shares, interest rate and exchange rate for 320 months(from January, 1987 to August, 2013) are shown. From the analysis, correlation coefficient of the price of apartment in Seoul and KOSPI is 0.8566 which is highly positive while the price of apartment in Seoul and interest rate are shown strong negative correlation which is -0.7846. The rise of stock market does affect the rise of the price of apartments in Seoul, on the contrary, the price goes down when the interest rate goes up.

Analyzing the Effects on Korean Regional Economy-Energy-Environment Gaps of GFGs Reduction (온실가스 감축의 지역간 격차 영향 분석)

  • Kim, Jae Hyun;Jeong, Kiho
    • Environmental and Resource Economics Review
    • /
    • v.20 no.2
    • /
    • pp.199-228
    • /
    • 2011
  • In this study, the effect on the economy-energy-environment gap among regions of reducing GHGs is analyzed under various scenarios, using a multiregional dynamic CGE model. Regions in Korea are classified as six metropolitan areas. Scenarios are set in three cases such as self-regulatory measures, carbon tax and emissions trading scheme. The reduction target under each scenario is again classified according to volume basis and intensity basis. In results, self-regulation is shown to deepen the economic divide mostly, followed by a carbon tax, emissions trading scheme in order. This result could be interpreted such that a system based on market incentives gives less effect on the gap among regions. However, market incentives based system is expected to take time to build. Thus in implementing policies to increase short-term effects of the reduction targets, complementary policies are needed to reduce the regional devide.

  • PDF

Analysis of Business Strategy and Industrial Policy Based on the Characteristics of ITS Industry (ITS산업의 특성에 따른 기업전략 및 산업정책 분석)

  • Lee, Young-Man;Lee, Bong-Gyou
    • Journal of Korea Spatial Information System Society
    • /
    • v.3 no.1 s.5
    • /
    • pp.109-116
    • /
    • 2001
  • ITS industry has general characteristics of Information Economy such as network externality and information duplex. It also has characteristics exclusive to ITS including timing and locality of information, spontaneous monopolist ability, public use, and system integration. Due to its characteristics ITS industry demands different business strategies and industrial policies from past economy. Reflecting on network externality, it would be more effective to open and mutually share or build a strategic coalition among the competitors and share the market, standardization at early stage is necessary for the market maturation. Reflecting its coexistent characteristics of spontaneous monopolistic ability, public use and profitability in ITS industry it is desirable to make determination on supply source and financial funding source for each system after reviewing public usage and profitability. ITS industry characteristics in Information Economy and the effects of these characteristics on business strategy and industrial policy are analyzed in this research.

  • PDF

Basic Operational Grounds of Regional Financial Institutions in Pusan (부산지역 서민금융기관의 영업기반)

  • 최진배
    • Journal of the Economic Geographical Society of Korea
    • /
    • v.6 no.2
    • /
    • pp.377-402
    • /
    • 2003
  • This study aims at analysing basic operational grounds of regional financial institutions in Pusan. Since 1980s many papers have discussed the issues how to develop the regional financial market. But they have neglected regional financial institutions and failed to clarify their roles in the regional economy. Recently the central government expels many regional financial institutions under financial distresses from the regional financial market without assessing their roles in the regional economy. This paper shows that regional financial institutions are indispensible for the stability and development of the regional economy, especially because they can supply credit to the small firms and households which have vulnerable credit standings and are tightly constrained in their access to bank credit. This paper also examines how credit unions deal with the problems caused by asymmetric information after the collapse of solidarity.

  • PDF

A Research for China's Corruption Problem and the Government's Counter Measures (중국의 부패상과 정부의 대응에 관한 연구)

  • Chun, Ka-Lim
    • International Area Studies Review
    • /
    • v.12 no.2
    • /
    • pp.351-377
    • /
    • 2008
  • Corruption in China became increasingly serious during the early period of its social transition, resulting in severe economic losses and huge challenges to China's government institution, as well as gradually becoming socially widespread. Recently. China's political corruption is an outcome of the attenuated political control, which has been caused by a systemic change from planned economy to market economy since 1978, and the lack of institutionalization to relieve such transition. Besides, the immature market system and state's intervention in the economy are other factors for the corruption. In short, current China's corruption can be regarded as a structuralized phenomenon. This article identified such circumstance by analyzing the scope, degree, and scale of the corruption. Overall assessment of the some factors suggests that present economic modernization is a principal cause for Chinese corruption while the other factors-monopoly power system in the Chinese Communist Party and the transformation of connection-are important but secondary.

Market segmentation based on the clothing benefits of female college students in Uzbekistan - Clothing involvement and clothing purchasing behavior - (의복추구혜택에 의한 우즈베키스탄 여대생의 의류시장 세분화 연구 - 의복관여와 의복구매행동을 중심으로 -)

  • Nargiza, Parpikhodjaeva;Lee, Okhee
    • The Research Journal of the Costume Culture
    • /
    • v.29 no.6
    • /
    • pp.795-809
    • /
    • 2021
  • The purpose of this study was first, to clarify the clothing benefits that Uzbek female college students seek through clothing products; and second, to determine whether there is a difference in clothing involvement and clothing purchasing behavior according to the type of clothing benefits. Data were collected from 290 female university students from Tashkent, Uzbekistan, and analyzed using factor analysis, K-means group classification analysis, ANOVA, Duncan test, χ2-test, and frequency analysis. Respondents were classified into four types according to their clothing benefits: individuality/economy-pursuit, comfort-pursuit, fashion/brand-pursuit, and indifference. Significant differences were identified in terms of clothing involvement, information sources, clothing evaluation criteria, clothing store attributes, clothing wearing conditions (including monthly clothing expenses), number of purchases per year, clothing purchase location, clothing preference style, and clothing dissatisfaction. The fashion/brand-pursuit and personality/economy-pursuit types were influenced more by fashion and symbolism of clothing involvement, information sources, clothing evaluation criteria, and clothing store attributes. The individuality/economy-pursuit type purchased more frequently, spent more monthly clothing expenses, and used the internet. Clothing store attributes were considered more important by female students than the other attributes. In these results, clothing benefits were identified as consumer characteristics of female Uzbek college students and market segmentation was determined. In addition, it is meaningful in providing basic data for efficient marketing activities and minimizing trials and errors in establishing local-friendly strategies for target customers in different cultures.

Human Capital as a Development Factor for Cultural and Creative Industries

  • Horban, Yurii;Dolbenko, Tetiana;Yaroshenko, Tetiana;Sokol, Oleksandr;Miatenko, Nataliia
    • International Journal of Computer Science & Network Security
    • /
    • v.21 no.12spc
    • /
    • pp.604-610
    • /
    • 2021
  • Human capital is the defining value of the national economy under market conditions. The manifestation of human capital is realized as an intellectual and creative capital, theoretically grounded and proven. The realization of intellectual capital is realized through the research creativity of scientists and researchers, and creative capital is manifested through artists and thinkers. Accordingly, creativity in market conditions forms a separate source of income and is an essential article in the formation of the GDP of the national economy. This research aims to analyze human capital from the perspective of cultural and creative industries. Research methods: systematization; comparative analysis of individual indicators of advanced countries of the world on the training system; statistical, taking into account macroeconomic indicators to assess the level of national creativity potential; system and logical analysis; method of information synthesis. Research results. The structural and quantitative composition of the factors of intellectual and creative capital formation has been systematized. The article proves that the unique properties of human capital, knowledge, creativity, experience and professional skills are the push factors of creativity development of the national economy and provide the priority development of creative and cultural industry that allows generating the added value on the national scale. The functions of creativity in the sphere of cultural industries are highlighted. It is noted that education and creativity of both intellectual and creative capital are the forming basis. The research of the world's advanced countries on the creativity index has pointed out the Netherlands as the leading country in the quantitative measurement of creativity. The economic development factors of the Netherlands were analyzed from the position of economic creativity, which allowed the formation of a two-factor model providing priority development of creativity in the cultural and creative industries.

GAME MODEL AND ITS SOLVING METHOD FOR OPTIMAL SCALE OF POWER PLANTS ENTERING GENERATION POWER MARKET

  • Tan, Zhongfu;Chen, Guangjuan;Li, Xiaojun
    • Journal of applied mathematics & informatics
    • /
    • v.26 no.1_2
    • /
    • pp.337-347
    • /
    • 2008
  • Based on social welfare maximum theory, the optimal scale of power plants entering generation power market being is researched. A static non-cooperative game model for short-term optimization of power plants with different cost is presented. And the equilibrium solutions and the total social welfare are obtained. According to principle of maximum social welfare selection, the optimization model is solved, optimal number of power plants entering the market is determined. The optimization results can not only increase the customer surplus and improve power production efficiency, but also sustain normal profits of power plants and scale economy of power production, and the waste of resource can also be avoided. At last, case results show that the proposed model is efficient.

  • PDF

A Study on the Methodology of Valuation of High-Technology (첨단기술의 기술가치 평가방법론에 대한 연구)

  • 박용태;박광만;윤병운;이용호;정세형
    • Proceedings of the Technology Innovation Conference
    • /
    • 2001.06a
    • /
    • pp.175-194
    • /
    • 2001
  • Recently, with the advent of knowledge-based economy and techno-economic paradigm social demands for technology valuation have increased. In nature, however, technology valuation is an intractable task since technology is characterized by intangible and tacit factors and is traded in a suppliers market. Consequently, it is quite common that each individual or organization has ie own valuation method or criterion. The main objective of this research is to propose a new technology valuation method which is easy to understand and apply. In addition, the method is designed to generate monetary value, rather than score or rank, of technology. To this end. we have proposed the overall framework and detailed procedure of a new valuation method. In doing that, we have emphasized the following factors. First, the new method. vis-a-vis existing methods, is applicable to high-tech areas, rather than traditional manufacturing sectors. Second. the proposed method analyzes the structural relationship between market value(value of market) and technology value(value of technology) and integrates them into valuation process. Third, the new method takes idiosyncratic characteristics of various industrial(technical) sectors into account.

  • PDF