• Title/Summary/Keyword: Stage of Economic Development

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Strategic Guidelines for The Intensification of Regional Development Under the Impact of Potential-Forming Determinants in the Conditions of Digitalization

  • Tulchinskiy, Rostislav;Chobitok, Viktoriia;Dergaliuk, Marta;Semenchuk, Tetiana;Tarnovska, Iryna
    • International Journal of Computer Science & Network Security
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    • v.21 no.8
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    • pp.97-104
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    • 2021
  • The key challenges and problematic aspects of the formation of intellectually and innovation-oriented strategies of regional entities at the present stage of their development are considered. The main tasks that arise in the process of strategizing the potential-forming development of regional economic systems in the context of digitalization are identified. The list of key organizational and economic directions of strategic character of providing intellectual and innovative development of regional economic systems is formed, which includes clustering of centers of high-tech development of regions, creation of creative hubs, development of knowledge infrastructure and improvement of interregional cooperation; a brief description of each of the presented strategic organizational and economic directions is given. Based on the analysis, the key strategic guidelines for the development of regional economic entities in the context of digitalization under the influence of potential-forming determinants, which form the content basis for further processes of strategizing qualitative aspects of development of specific regional entities.

A Study of the Installation Process and Managing System of Economic Development District in China (중국 경제개발구의 설치와 운영시스템에 관한 연구)

  • 안재섭
    • Journal of the Economic Geographical Society of Korea
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    • v.5 no.1
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    • pp.89-104
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    • 2002
  • The purpose of this study is about the installation process and managing system of Economic Development District installed in order to make economic and local development by introducing foreign investment, technology and managing methods after the reformation of China. The Economic Development District of China is being continuously enlarged in its quantity and form as the local opening is being enlarged, and so that it is leading the systematic change of open district and is being developed as a core part of local economic growth. The central and local governments used to mediate and control the fostering of Economic Development Districts in their initial stage. However, the economic and business activities in Economic Development Districts are controlled by the capitalistic market forces now, and the control of central and local governments are being reduced to the minimum and the autonomy of the administrative commission is being reinforced for the efficiency of Economic Development District.

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Characteristics and Significances of China's Rural Tourism (중국 향촌관광의 발전 특성과 의의)

  • Park, Kyong-Cheol
    • Journal of Agricultural Extension & Community Development
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    • v.23 no.3
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    • pp.295-308
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    • 2016
  • The purposes of this research are to not only investigate the time-based and regional characteristics in process of development of rural tourism in China, but also explain the significances of rural tourism in China by economic-political significance and social-cultural significance. The characteristics and significances investigated throughout this research are as follows. First, the development of rural tourism in China can be divided by three stages: the first stage(1980-1990), the second stage(1990-2000), the third stage (2000 -). Second, the rural tourism in China has been mainly developed around the metropolitan city such as Beijing, Chengdu. But, they showed different characteristics in process of development of rural tourism. Third, rural tourism in China has been used in solving san-nong(三農) problems which are the most urgent issues in contemporary China and reducing the gaps of living standard between urban and rural area. Forth, rural tourism in China has contributed in satisfying the needs of travel and leisure caused by the improvement of living standard of people due to China's rapid economic growth. Last, it is suggested in this research that the legal and institutional systems be prepared to guarantee the benefits of farmers.

Research on the Coupling Coordination Relationship between Regional Information Technology Level and Economic Development

  • Li, Jin-yang;kim, Hyung-Ho;Yang, Jun-Won
    • International journal of advanced smart convergence
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    • v.11 no.2
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    • pp.153-162
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    • 2022
  • The impact of the information technology industry on economic development is becoming increasingly important. In this study, we take China's provincial-level regions from 2015 to 2020 as the research object, comprehensively evaluates the level of their information technology systems by the entropy weight method, and then measures the coupling coordination relationship between the information technology system and the economic development system by the coupling coordination degree model. As a result, we found that the income of the information technology industry, the investment of talents and science research have the most important influence on the level of the information technology system. During the research period, with increasing values, the coupling degree of the two systems was at a high level. Affected by development strategies, diffusion effects and industrial relocation, the coupling degree in the central and western regions has shown a rapid growth trend. The coordination degree of the two systems is relatively low, and 83.9% of the provinces are in the medium-low coordination stage. The information technology industry has obviously promoted economic development. Besides, relevant policies should be introduced to effectively support and guide the high-quality development of the information technology industry and promote the high-level coordinated development of the two systems.

Analyzing the Efficiency of National 6T R&D Projects by Two-stage Network DEA Approach (첨단산업기술(6T) 연구개발사업의 효율성 분석: 2단계 네트워크 DEA 접근의 적용)

  • Nam, Hyundong;Nam, Taewoo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.3
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    • pp.248-261
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    • 2021
  • Scientific and technological performances (e.g., patents and publications) made through R&D play a pivotal role for national economic growth. National governments encourage academia-industry cooperation and thereby pursue continuous development of science technology and innovation. Increasing R&D-related investments and manpower are crucial for national industrial development, but evidence of poor performance in business performance, efficiency, and effectiveness has recently been found in Korea. This study evaluates performance efficiency of the 6T sector (Information Technology, Bio Technology, Nano Technology, Space Technology, Environment Technology, Culture Technology), which is considered a high-potential promising industry for the next generation growth and currently occupies two thirds of the national R&D projects. The study measures the relative efficiency of R&D in a comparative perspective by employing the Data Envelopment Analysis (DEA) method. The result reveals overall low efficiency in basic R&D (0.2112), applied R&D (0.2083), development R&D (0.2638), and others (0.0641), confirming that economic performance and efficiency were relatively poor compared to production efficiency. Efficient R&D needs policy makers to create strategies that can increase overall efficiency by improving productivity performance and quality while increasing economic performance.

Smart-City Development Management: Goals and Instruments

  • KALENYUK, Iryna;TSYMBAL, Liudmyla;UNINETS, Iryna
    • International Journal of Computer Science & Network Security
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    • v.22 no.1
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    • pp.324-330
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    • 2022
  • At the present stage of the world economic development, a new economic system is being formed, in which non-economic values, in particular environmental and social parameters, have become widespread. A new vision of economic activity is being formed, which acquires the qualities of Smart-economy. The purpose of this paper is reveal the features of managing the development of smart cities as specific entities of the Smart-economy. New functions of economic entities are formed within the framework of the Smart-economy concept, while their role and weight in the localities' activity or formation have changed. Determining that the key trends in the Smart-economy development are such as digitalization, greening, socialization, institutionalization, and urbanization, this is necessary to note that all these trends are most active in the formation of urban ecosystems. These trends are determined by the general population growth and the urban population growth, which requires considerable attention to planning each city's development itself. Such planning could ensure the comfort of living for all its inhabitants, quality, safe, and modern life. The Smart-city's key elements and the intellectualized approach implementation planes to the decision of these or those tasks are definedIt is determined that a new ecosystem of governance is being formed.

An Analysis of Farm household Economy by Family Life Cycle (가정생활주기에 따른 농가경제 분석)

  • 최현자;최은숙
    • Journal of Families and Better Life
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    • v.4 no.2
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    • pp.35-51
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    • 1986
  • The purpose of this study is to establish family life cycle of farm and to analyze changes of economic conditions-income, consumption expenditures, savings, assets, and debts-in farm household according to the family life cycle. Income, consumption expenditures, savings, assets, and debts functions are also estimated by age of household head. The data of Farm Household Economy Survey which was conducted in 1983 by Ministry of Agriculture and Fisheries is used in this study. Among total data of 2000, 1603 are analyzed for mean, percentage, and regression using CRISP Program at Office of Rural Development. The results of study can be summarized as follows; 1) Eight stages of family life cycle of farm are established according to the growth of the first child. They are: Establishment stage, Child bearing and preschool stage, Elementary school stage, Middle and high school stage, College and vocational adjustment stage, Period of children's marriage, Re-adjustment stage, and isorganizing stage. 2) The economic conditions of farm household are significantly fluctuated by family life cycle. Among the eight stages, stage Ⅱ is considered relatively comfortable living period and stage Ⅲ, Ⅳ are the most difficult periods of farm household economy. 3) The estimated functions of income, consumption expenditures, savings, assets, and debts by age of household head are as follows; Y(income) = 2, 354, 832+98,456T-1,036T2(F=11.746) C(consumption expenditures) = 81,876+154,976T-1,552T2 (F=37.272) S(savings) = 2,272,956+56,511T+516T2(F=4.262) D(debts) = 903,929+28,300T-438T2(F=3.339) A(assets) = 200,816+1,213,336T-12,930T2(F=21.069) To carry on a reasonable farm household management, a suitable measure to cope with the desire of family and the economic conditions of farm household should be prepared.

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A Signaling Theory of Education under the Presence of Career Concerns

  • HWANG, SUNJOO
    • KDI Journal of Economic Policy
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    • v.38 no.2
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    • pp.87-101
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    • 2016
  • A person's life consists of two important stages: the first stage as a student and the second stage as a worker. In an integrated model of education and career concerns, I analyze the welfare effects of education. In Spence's job market signaling model, education as a sorting device improves efficiency by mitigating the lemon market problem. In contrast, in the integrated model, education as a sorting device can be detrimental to social welfare, as it eliminates work incentives generated by career concerns.

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The Economic Effects on the Creation of Industrial Park (산업단지 조성에 따른 경제적 효과 분석)

  • Kim, Jin-Su;Lee, Jong-Ho
    • Journal of the Economic Geographical Society of Korea
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    • v.15 no.3
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    • pp.390-403
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    • 2012
  • Industrial parks have played a pivotal role in leading and sustaining economic and regional development in Korea. It is conventionally known that industrial parks induce a variety of effects in regional economy from a formation stage to an operational stage. Notwithstanding it is surprising that there is almost no literature on economic effects of the formation and operation of industrial parks. In this paper we attempt to measure economic effects of the formation of industrial parks in Gimhae, Sanmak (Yangsan) and Haman in Gyeongnam. The formation stage of industrial park is divided into a site renovation stage, a firm location stage and an operational stage. This research shows that economic effects of the formation of industrial parks can be different by the characteristics of individual industrial park. Particularly, the main sectors of industry to be located in an industrial park can be to a great extent influential for the effects of the new creation of industrial park on productive inducement and job creation.

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Regional Economic Effects of The Development in New Port : Focused on Incheon Port (항만 개발이 지역경제에 미치는 파급효과 - 인천항을 중심으로 -)

  • Yoo, Hong-sung;Kim, Youn-Sung;Shin, Jin;Chung, Ben-Yoon
    • Journal of Korea Port Economic Association
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    • v.26 no.3
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    • pp.240-258
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    • 2010
  • The purpose of this paper is to quantify the regional economic effects of the development in Incheon New Port(Stage I) using a regional I/O table and to provide implications for making policies to support the development of the port logistics industry. According to the results of this study, production inducing effect 6,064.5 billion won on Incheon local economy from the development of port facilities at the Incheon New Port (Stage I) occupies 15.0% of 40,398.5 billion won the total production of the Incheon area in 2005, added value inducing effect 2,821.3 billion won occupies 7.7% of 36,508.0 billion won the total added value of the Incheon area in 2005, and induced new employment 72,424 workers occupies 9.0% of 808,248 workers the total number of employees in the Incheon area in 2005. As presented above, the development in the Incheon New Port(Stage I) was expected to have huge spillover effects on Incheon local economy. Accordingly, the development in Incheon New Port must be promoted in a timely manner on national.