• The Journal of Asian Finance, Economics and Business
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• 제7권8호
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• pp.175-183
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• 2020

This study explores the effect of trade of Information Communications Technology (ICT) products and government's role, measured by three factors: Control of corruption, Government effectiveness, and Administrative tax level, on raising the economy across the East Asia-Pacific region. Secondary data were collected from the World Bank database of 21 countries over 12 years from 2006 to 2017. Applying the Panel corrected standard error model and running a robustness check based on the Dynamic panel data method, this research found that the exported ICT products, control of corruption, and government effectiveness could increase the economic income of a country in the region. The paper also provided the evidence indicating that the imported ICT products and the Administrative tax level are two harmful factors for economic growth. The major finding confirmed the useful contribution on improving government quality and its economy. First, improving the economy of a country always poses various challenges to its government. During the past decades, although much of the literature confirmed that exporting ICT products could promote an economy, very few studies investigated the role of Administrative tax level and the Government effectiveness. Second, there are only a few studies exploring the capability of government and the economic growth in the Asia-Pacific region.

• The Journal of Asian Finance, Economics and Business
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• 제7권11호
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• pp.147-156
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• 2020

This study aims to analyze the effect of public spending, macroeconomic variables, and BPK opinion on economic growth. This study is motivated by the inequality of fiscal policy effectiveness between regions in Indonesia in influencing the economic growth of different regions, the ability of local governments to attract foreign investors, and the transparency of regional financial management in designing development programs to encourage regional economic growth. The analytical tool in this study is a dynamic panel regression model with data from 2008 to 2017. The results of this study show that, in the short term, the population affects regional economic growth, while in the long term, the economic growth is affected by the number of people, the poor, General Allocation Fund, health budget, foreign investment and BPK opinion. The findings of this study are that in the long term the General Allocation Fund becomes an obstacle to economic growth, this is because the general allocation funds is widely used to cover the lack of funds for routine regional activities, thereby reducing activities for development programs. Another research finding is that fiscal policies carried out by local governments make a small and ineffective contribution to promoting economic growth.

• 대한건축학회논문집:구조계
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• 제35권9호
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• pp.151-158
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• 2019

A concrete core is used widely as lateral stability systems in high-rise modular buildings. As an alternative to traditional cast in-situ core, the precast concrete(PC) method can accelerate the construction of reinforced concrete cores. A core composed of precast elements differs from a in-situ core in having connections between the precast elements. The typical vertical connection between PC panels is consisted of shear keys, loop bars, lacer bars and grout. In this study, the effect of vertical connection components on shear strength is investigated experimentally. The test results show that the contribution to the shear strength is greater in order of grout strength, shear keys, lacer bars and loop bars. In addition, the numerical models to estimate the shear strength according to two crack patterns in the vertical joint of the PC panels are derived. The feasibility of the numerical models is evaluated by comparing the estimated shear strength and the test results.

• The Journal of Asian Finance, Economics and Business
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• 제8권4호
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• pp.69-81
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• 2021

The aim of this paper is to identify the key determinants in the Gulf Cooperation Council (GCC) countries for Foreign Direct Investment (FDI) inflows by using a balanced data panel for the period from 1995 to 2018. This study covers GCC countries in their entirety. The study uses ten explanatory variables, namely, trade ratio, gross domestic product, external balance, fuel exports, gross savings, international tourism, military expenditure, net foreign assets, services value added, and total natural resources. The authors have tried to find the best fit model from the differences methods considered such as OLS, GLS regression with the help of Hausman test, and country by country regressions as additional analysis. The study revealed a significantly positive association between inflation, trade ratio, gross domestic product, gross savings, and net foreign assets with FDI. On the contrary, international tourism was revealed to have a negative association with FDI. The sample of all GCC countries chosen for this study has not been considered widely by any earlier study. Moreover, this study covered many determinants of FDI that add to the previous literature. It is a significant contribution to the current research body and stresses the originality of this paper.

• Journal of Korea Trade
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• 제26권2호
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• pp.1-20
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• 2022

Purpose - Multiple stakeholders-including politicians, investors, and the wider public-have questioned the value of investing in port infrastructure improvements and the contributions they can make to economic performance. Design/methodology - This paper presents an empirical study of 56 countries with seaports from the year 2006 to 2019 to determine how the quality of port infrastructure affects its contribution in terms of trade openness and economic growth. To this end, this study applies hierarchical multiple regression analysis with panel data to empirically examine the economic impact of port infrastructure quality on the relationship between trade openness and economic growth. After the 56 selected countries were categorized as developed or developing, a multi-group panel data analysis was conducted. Findings - The results of this study show that trade openness has a significant positive effect on the national economy. The findings also indicate that, although developing countries should expect greater economic growth after investing in port infrastructure, this relationship weakens as developing countries become richer. Originality/value - The findings of this study not only elucidate the relationship between trade openness and national economic growth, but they also emphasize the importance of trade openness and port infrastructure in national economic growth, particularly among developing countries.

• The Journal of Asian Finance, Economics and Business
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• 제8권9호
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• pp.189-199
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• 2021

This study attempts to examine the relationship between corporate social responsibility (CSR) disclosure and earnings management practices in the context of Saudi Arabia after mandatory IFRS adoption. It is carried out on an unbalanced panel of 277 observations over the period 2017-2019. For this purpose, CSR disclosure is measured by Bloomberg ESG scores, while the residuals from the modified Jones model are considered for earnings management. As control variables, we have retained the firm performance, market-to-book ratio, firm size, financial leverage, board independence, ownership concentration, managerial ownership, and lagged discretionary accruals. Using the system GMM estimator in the dynamic panel, the results show a positive association between CSR disclosure and earnings management practices, thus supporting the perspective of agency theory. Managers engage in socially responsible activities beforehand to conceal their wrongdoing and convince stakeholders that the organization is transparent. They probably use ethical codes as a tool to achieve their own goals rather than the firm's goals. Our contribution is the use of recent data (2017-2019) taking into account the mandatory adoption of IFRS in Saudi Arabia. Additionally, to our knowledge, this study is the first to address CSR disclosure and earnings management practices using GMM system estimates.

• International Journal of Advanced Culture Technology
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• 제10권2호
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• pp.28-33
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• 2022

This study aims to investigate factors that affect elderly poverty based on a comprehensive and universal perspective, suggesting some alternatives for improving the poverty rate of the elderly. The comprehensive and universal approach to the poverty of the aged that this study attempts can give a better understanding of the elderly poverty beyond the contribution of the existing literature, with the research model including individual, family, labor, and income factors as the causes of old-age poverty from the comprehensive and universal perspective on the causes of poverty of the elderly. In addition, the study attempts to input variants of variables into the equation for the causes of elderly poverty by using panel data from the 8th Korean Retirement and Income Study. This study employs decision tree analysis to determine the cause of the poverty of the elderly using CHAID. The decision tree analysis shows that the most vital variable affecting elderly poverty is making income. For the poor elderly without earned income, public pensions, educational careers, and residential areas influence elderly poverty, but for the poor elderly with earned income, wage earners and gender are variables that affect poverty. This study suggests some alternatives to improve the poverty rate of the aged. The government should create a better working environment such as senior re-employment for old people to be able to participate in economic activities, improve public pension or social security for workers with unfavorable conditions for public security of old age, and give companies that create employment of the aged diverse incentives.

• 한국지진공학회논문집
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• 제27권1호
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• pp.59-68
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• 2023

The column-tree type steel beam-column connections are commonly used in East Asian countries, including Korea. The welding detail between the stub beam and column is similar to the WUF-W connection; thus, it can be expected to have sufficient seismic performance. However, previous experimental studies indicate that premature slip occurs at the friction joints between the stub and link beams. In this study, for the accurate seismic performance evaluation of column-tree type moment connections, a moment-slip model was proposed by investigating the previous test results. As a result, it was found that the initial slip occurred at about 25% of the design slip moment strength, and the amount of slip was about 0.15%. Also, by comparing the analysis results from models with and without the slip element, the influence of slip on the performance of overall beam-column connections was examined. As the panel zone became weaker, the contribution of slip on overall deformation became greater, and the shear demand for the panel zone was reduced.

• 동아시아경상학회지
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• 제12권3호
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• pp.25-35
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• 2024

Purpose: The purpose of this paper is to investigate the consumption behavior of consumers more closely and efficient purchasing channels of domestic e-commerce buyers by specifically analyzing the relationship between demographics and channels that are used first to acquire purchasing information during e-commerce. Research design, data and methodology: Korean Media Panel Survey performs 17 cities and provinces nationwide, and 4,537 panel households (all household members aged 6 or older) are surveyed, and a household visit interview is conducted. Correspondence analysis, one of the popular multivariate techniques, is exploited to explore the association between priority channel for acquisition of information and demographics. Results: The findings show that the considered demographics are closely associated with the priority channel for acquisition of purchase information. In particular, 'searching for portal sites' are closely relevant to 'more than 5 million won', 'device & machine control assembly', 'graduate school or higher', and '40-59', while 'searching for online open market' is linked with college graduate and '20-39'. Conclusions: The substantial contribution of this work is that by analyzing the association between demographics and priority channel for acquisition of purchase information in e-commerce in South Korea, we can discern the segmentation standard factor for e-commerce market and advance the subdivided market.

• 한국콘텐츠학회논문지
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• 제21권8호
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• pp.478-488
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• 2021

본 연구는 노년기 경제적 불평등을 2007년부터 2018년까지의 한국복지패널조사 자료에서 지니계수와 10분위 분배율로 노인의 소득불평등 기여도의 변화를 분석하였다. 연구결과 전체소득의 지니계수는 2007년 0.430, 2018년 0.383으로 점진적으로 불평등이 줄어들고 있었다. 또한, 소득분위가 높아질수록 소득증가율이 높아졌다. 시간이 지남에 따라 시장소득 불평등은 증가하였고 공적이전소득과 사적이전소득의 불평등은 감소하였다. 전체소득에 대한 소득구조의 불평등 기여도 분석결과, 시간이 지남에 따라 사적이전소득의 불평등 완화 역할을 공적이전소득이 대체하고 있었다. 노인의 기초생활유지를 위한 공적이전소득의 확대는 사적이전소득의 구축효과에도 불구하고 중요한 노인 소득원이며, 노인의 소득구조의 구성요소인 시장소득, 공적이전소득, 사적이전소득은 상호 전체소득을 보완하는 성격이 있어 노인의 소득불평등을 완화하는데 기여한 소득원을 파악하여 정책에 반영하는 것이 중요하다.