• Title/Summary/Keyword: Non-Capital Regions

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A Study on the Analysis of Management Characteristics of Coastal Port Freight Transportation Business Using Panel Regression Analysis (패널회귀분석을 이용한 내항 화물운송사업체의 경영특성 분석에 관한 연구)

  • Kim, Suk;Park, Sung-Hoon;Yang, Tae-Hyeon;Yeo, Gi-Tae
    • Journal of Digital Convergence
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    • v.17 no.3
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    • pp.79-92
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    • 2019
  • This study analyzes the effects of freight transportation income, capital, asset, non-operating expenses, and debt ratio on the debts of inner port freight transportation businesses through the GLS of panel regression analysis and the estimation of fixed effects model. The factors and hypotheses were established through a theoretical background review, and the financial statement and profit and loss data of inner port freight transportation businesses for 10 years from 2006 to 2015 were analyzed. The results showed that assets had positive effects on debts, and negative effects on capital, non-operating expenses, and debt ratio, but no effect on freight transportation income. This result empirically demonstrates the tendency of inner port freight transportation businesses to secure assets by increasing debts, creation of debt reduction leverage effect using non-operating expenses such as interest expenses through bank borrowing, and the adoption of management characteristics and financial operation method to lower the debt ratio by reducing capital more than debts. In future studies, it is necessary to analyze coastal port freight transportation business by industry (oil tankers, cargo ships, and barge ships), and regions such as East, West and South sea.

Location Determinants for Newly Established and Relocated Manufacturing Firms (신설 및 이동 제조업체의 입지 결정요인 분석)

  • Yoojin Yi
    • Journal of the Korean Regional Science Association
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    • v.40 no.3
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    • pp.95-108
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    • 2024
  • This study analyzes the location determinants of newly established and relocated manufacturing firms in South Korea using the National Business Survey data from 2016 to 2019. Both new establishments and relocations are concentrated in the Seoul metropolitan area, Chungcheong, Yeongnam, and Daegyeong regions, with relocated firms showing a higher degree of spatial concentration. Employing a negative binomial regression model, we find that manufacturing concentration, population density, industrial diversity, and lower wage levels positively influence both new establishments and relocations. The proportion of highly educated workers, accessibility to producer services, and average land prices only positively affect the frequency of new establishments, suggesting that firms in the early stages of their life cycle, which are more dependent on human capital and producer services, demonstrate a higher willingness to pay for land use. Conversely, increased travel time to Seoul and improved transportation accessibility enhance the probability of attracting relocated firms. This implies that cost reduction incentives associated with distance from Seoul may outweigh the benefits of proximity to the capital in relocation decisions. Our findings suggest that strengthening agglomeration economies and improving transportation infrastructure efficiency could increase the likelihood of attracting relocated manufacturing firms to non-capital regions.

Housing Characteristics of the Youth and their Determinants in Capital and Non-Capital City Regions (수도권 및 비수도권 청년층의 주거특성 및 주거특성에 미치는 영향요인 분석)

  • Hwang, Kwanghoon
    • Land and Housing Review
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    • v.13 no.3
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    • pp.21-38
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    • 2022
  • In this study, the housing-related characteristics of the youth are reviewed using data from the 4th - 14th Youth Panel Survey(YP2007) of the Korea Employment Information Service in the period 2010 - 2020. The factors that affect the characteristics of their dwelling are analysed. As a result, males, highly educated, and employed people are more likely to live in their own homes and apartments, but many of them seem to be living with their parents. On the contrary, economically independent young people tend to occupy their dwellings in the form of jeonsei/monthly rent and live in multi-family units, villas, and officetel. To support the youth in overcoming their key issues such as housing affordability, jobs, and marriage, so that they can play their roles, the cost of homeownership and rent should be tailored to their economic situations.

The Effect of Philippine National Wage Variation: The Top-Down Microsimulation Model

  • DIZON, Ricardo Laurio;VILLAHERMOSA, Joan M.
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.155-163
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    • 2021
  • The study aims to investigate the effect on Philippine occupational choice of House Bill No.7787, also known as the National Wage Law, which was filled by the Philippine Congress that mandates the implementation of an across the board minimum daily wage of Php750.00 to all workers in the Philippines. This study had used the Computable General Equilibrium-Top-Down Behavioral Microsimulation approach to determine the effect of National Wage Law on occupational choice. The results of the study revealed that the implementation of said National Wage Law would affect the distribution of labor force across occupational classification such as wage workers, entrepreneurial farming activities workers, and entrepreneurial non-farming activities workers. This has resulted from a higher utility that will be derived from the wage working sector once the National Wage Law will be implemented. Further, among regions in the Philippines, the Calabarzon, National Capital Region, and Central Luzon had recorded the highest number of workers who prefer the wage income sector. The findings of the study also suggest that the Philippine agricultural sector will be greatly affected by the National Wage Law due to the preference of workers to shift from the entrepreneurial farming sector to belong to the wage sector.

An Impact Analysis of the Korea-Japan Undersea Tunnel Project;focus on Economic Potential Model Analysis (한일간 해저터널사업의 효과분석;성장잠재력 분석을 중심으로)

  • Park, Jin-Hee
    • Journal of Navigation and Port Research
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    • v.32 no.1
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    • pp.47-56
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    • 2008
  • With rapid growing of the Northeastern Asia, the interest for the connection of Infrastructure that was behind of interesting until now is getting larger. In a line of same connection, UN-ESCAP are forwarding transcontinental railway project, asian highway project et al.. And this study aimed at analysis on the effect that extended to a space by Korea-Japan undersea tunnel project. In aspect of a national land balanced-development to solve various problems such as overcrowding in capital region, unbalanced state by regions, weak exchange between South and North Korea, and weakness of national land basis to prepare for unification et al., this study consulted the economic potentiality model as a analysis method to examine an effect. In this analysis, I used 24 scenarios including all cases by combination of 3 scenarios for Korea-Japan undersea tunnel, 4 scenarios for transportation modes in the section of undersea tunnel, and 2 scenarios for adjacency infrastructure. Transportation modes in the section of undersea tunnel are railway, car-train, mixing way of railway and car-train, and mixing way of road and railway. Adjacency infrastructure applied railway and road. In all scenarios, Korea showed higher growth potentiality than Japan. Also, proposal plan C route relatively showed better in national land balanced-development than other proposal plans. The growth potentiality relatively appeared higher by buildup of a connection together with non-capital regions from the construction of Korea-Japan undersea tunnel. In aspect of Northeastern Asia, it resulted in a increasing of trade and chance of network formation in the region of Asia through infrastructure connection. But, in considering passenger and various factors that extended to the economic growth, this analysis have some limitation. Therefore, I hope that deep studies will continuously perform with various factors.

The Effect of Waste Disposal Volume on Earnings Management Behavior in the Construction Waste Disposal Industry - Focused on the Size of the Licensed Storage Capacity and the Location of the Waste Disposal Site - (건설폐기물 기업의 폐기물처리량이 이익조정에 미치는 영향 - 허용보관량 규모와 폐기물처리장 소재지를 중심으로 -)

  • Kim, Dae-Bong;Lee, Hyo-Ik
    • Resources Recycling
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    • v.24 no.5
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    • pp.40-55
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    • 2015
  • The purpose of this study is to analyse whether the waste disposal volume level in the construction waste disposal industry makes a different effect on earnings management behaviour by size of the licensed storage capacity and by location of the waste disposal site. The empirical results of this study are as follows. First, the waste disposal volume significantly influences earnings management behavior. When it comes to the size of licensed storage capacity in the small-sized capacity firms, the smaller waste disposal volume firms make more aggressive earnings management by using discretionary accruals. On the other hand, in the large-sized capacity firms, more waste disposal volume firms report higher earnings by adjusting more discretionary accruals. Second, the effects of waste disposal volume on the earnings management show different pattern depending on the location of waste disposal site. When the firms are located in the non-capital regions, the smaller waste disposal volume firms report higher earnings by adjusting discretionary accruals as well as by using real activities earnings management. However, the firms located in the capital regions show more aggressive earnings management when they have higher waste disposal volume level.

Assessing Cerebral Oxygen Metabolism Changes in Patients With Preeclampsia Using Voxel-Based Morphometry of Oxygen Extraction Fraction Maps in Magnetic Resonance Imaging

  • Qihao Zhang;Chaofan Sui;Junghun Cho;Linfeng Yang;Tao Chen;Bin Guo;Kelly McCabe Gillen;Jing Li;Lingfei Guo;Yi Wang
    • Korean Journal of Radiology
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    • v.24 no.4
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    • pp.324-337
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    • 2023
  • Objective: The objective of this study was to analyze the different brain oxygen metabolism statuses in preeclampsia using magnetic resonance imaging and investigate the factors that affect cerebral oxygen metabolism in preeclampsia. Materials and Methods: Forty-nine women with preeclampsia (mean age 32.4 years; range, 18-44 years), 22 pregnant healthy controls (PHCs) (mean age 30.7 years; range, 23-40 years), and 40 non-pregnant healthy controls (NPHCs) (mean age 32.5 years; range, 20-42 years) were included in this study. Brain oxygen extraction fraction (OEF) values were computed using quantitative susceptibility mapping (QSM) plus quantitative blood oxygen level-dependent magnitude-based OEF mapping (QSM + quantitative blood oxygen level-dependent imaging or QQ) obtained with a 1.5-T scanner. Voxel-based morphometry (VBM) was used to investigate the differences in OEF values in the brain regions among the groups. Results: Among the three groups, the average OEF values were significantly different in multiple brain areas, including the parahippocampus, multiple gyri of the frontal lobe, calcarine, cuneus, and precuneus (all P-values were less than 0.05, after correcting for multiple comparisons). The average OEF values of the preeclampsia group were higher than those of the PHC and NPHC groups. The bilateral superior frontal gyrus/bilateral medial superior frontal gyrus had the largest size of the aforementioned brain regions, and the OEF values in this area were 24.2 ± 4.6, 21.3 ± 2.4, and 20.6 ± 2.8 in the preeclampsia, PHC, and NPHC groups, respectively. In addition, the OEF values showed no significant differences between NPHC and PHC. Correlation analysis revealed that the OEF values of some brain regions (mainly involving the frontal, occipital, and temporal gyrus) were positively correlated with age, gestational week, body mass index, and mean blood pressure in the preeclampsia group (r = 0.361-0.812). Conclusion: Using whole-brain VBM analysis, we found that patients with preeclampsia had higher OEF values than controls.

Regional Total Factor Energy Efficiency and its Determinants of the Korean Manufacturing Sector (우리나라 16개 시·도의 제조업부문 총요소 에너지 효율성 및 결정요인 분석)

  • Park, Changsuh;Seo, Yun Seok
    • Journal of the Korean Regional Science Association
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    • v.33 no.1
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    • pp.3-16
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    • 2017
  • This paper analyzed 16 regional total factor energy efficiency (TFEE) of the Korean manufacturing sector using data envelopment analysis method for the period of 2005-2013. According to the empirical results, it is necessary to use TFEE as well as partial energy efficiency defined by the ratio of energy usage to output (energy intensity) when we compare energy efficiency. Secondly, TFEE in the Korean manufacturing sector is quite different across 16 regions. For example, Gangwon province should improve energy efficiency by 55% compared to Seoul, Gwangju, Ulsan, and Gyeongbuk which are located on production frontier. Furthermore, the estimation of panel tobit regression model showed that the higher non fossil fuel using, the higher production share of large-sized firms, the lower energy intensity, and the lower capital-labor ratio could have positive effect on TFEE.

The Relocating Public Sector Employees' Willingness to Settle Down in 'Innovation City' : A Case Study of Naju (혁신도시 이전대상 기관 직원들의 이주 및 정착 의지 -광주.전남 공동혁신도시 나주를 사례로-)

  • Kim, Jun-Woo;Ahn, Young-Jin;Lee, Jeong-Rock
    • Journal of the Korean association of regional geographers
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    • v.13 no.6
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    • pp.639-650
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    • 2007
  • This paper deals with construction of a new administrative city in Naju. This kind of cities are commonly called as 'innovation city' in Korea. This is an experimental regional development program for non-Capital regions. State-owned corporations and public agencies are going to be relocated in the cities. Whether the employees will settle down in Naju with their families is the main research question in this paper. The result of the survey shows that more than half of the respondents are not going to settle down with their families. They are not optimistic about the present and future of the city either. In order to induce in-migration with families, educational environment need to be improved. To help their children to have more chance to talk with native English speakers is one of the examples. Facilities for the illed and the old are also necessary.

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Regional Quality of Life Satisfaction and Life SOC Service Gap Analysis: A Case of Chungcheongnam-do (지역의 삶의 질 만족도와 생활SOC 서비스 격차분석: 충청남도를 사례로)

  • Hong, Sung-Hyo;Im, Jun-Hong;Lee, Gyounju
    • Land and Housing Review
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    • v.12 no.4
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    • pp.61-79
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    • 2021
  • Despite the rapid economic growth, people's quality of life has not been improved and the regional and hierarchical disparities of it have deepened. We analysed regional differences in quality of life and it was found that non-capital regions, provinces and rural areas compared to Seoul and capital region, metropolitan cities, and urban areas respectively, show a relatively lower level of satisfaction in the quality of life. An in-depth analysis of Chungcheongnam-do province shows that the trend was similar to that of the national analysis. The quality of life satisfaction of the elderly was lower than that of the young and middle-aged, and this trend was similar regardless of region. Young people living in the Dong area showed high satisfaction with the quality of life than the middle-aged and elderly living in the Myeon area. It was observed the level of Life SOC services in urban areas have been better than the one in rural areas. However, there is no clear relationship between quality of life satisfaction and the expansion of Life SOC, therefore, it is difficult to argue that the government intervention to expand Life SOC will improve the citizen's quality of life satisfaction. The implication of the study is that the future supply policy of the Life SOC should be based on the detailed analysis of the impact on the environment, and linking with the development of various programs in progress rather than supplying a Life SOC that provides a single service. Furthermore, in rural areas it is essential to enhance user demand by combining several services in supply and to improve the efficiency of managing the services.