• Title/Summary/Keyword: Supply Side

Search Result 703, Processing Time 0.025 seconds

A Study on Keynese's Employment and Price Theory (케인즈의 고용 . 물가이론소고)

  • 박일근
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.8 no.12
    • /
    • pp.65-77
    • /
    • 1985
  • The mainpoints of General Theory is 1) the mainspring of economic activity is effective demand which can expand or control in relation to supply as a result of spontaneous decision by customer or government. 2) change in effective demand Produce change in output and employment in the same direction 3) which given productivity of labour the Vice level depend on the money supply affect the in downward direction 4) change in the money supply affect the economy through the rates of interest 5) the only automatic mechanism through which the economy can adjust itself to a deficiency of effective demand is the long process which unemployment reduces wage rates and consequently the demand for money and interest rates, above summarized contents are General Theory frame-work. The neo-classical macro general equilibrium theory, which has been reconstructed subsequent to Keyneses critism is treated the neo-classical macro-general equilibrium theory which inherits the classical theories of labour market and the aggregate production function, on demand side, it introduce the Keyneses macro-general equilibrium theory, which function through flexible movement of prices, wage and interest. Nowadays, Keynes General Theory is being developed into new dimension i, e. the macro-disequilibrium theory, and adequacy, and appropriateness of the theory and its significant contributions to modern economics are being reinterpreted and substantiated.

  • PDF

A Study on The Determinants of the Medical Expenses in the Health Insurance System in Korea (의료보험 진료비의 결정요인에 대한 연구)

  • 사공진;김진영
    • Health Policy and Management
    • /
    • v.11 no.2
    • /
    • pp.29-57
    • /
    • 2001
  • Since the inauguration of the medical insurance system in 1977, the increasing medical expenses which can be menace to tile finance of the medical insurance system, have become major concern in the medical insurance field In Korea. This study focuses on the determinants of the medical expenses in the health insurance in Korea and analyzes the impact of these factors on the increase in the medical expenses. The empirical work is done using the pooled cross-section and time-series data of the medical insurance for the self-employeds and the industrial workers from the year 1995 to 1997. The result of this study shows that the main determinants of the medical expenses in the health insurance are the ratio of the population of the aged to the total population, the frequency of the utilization, number of doctors per capita and the regime changes. Although the increasing trend in the medical expenses seems to be unavoidable, we probably need to add some efficiency to the medical expenses by suppressing the supply and the utilization of the unnecessary medical services. The fee-for-service reimbursement system of today can't suppress the supply of the unnecessary medical services effectively. So we need to convert the present fee-for-service system into DRG's which is known to reduce the medical costs. The increase in the medical expenses comes from a lot of factors. Therefore, we should develop more systematic and comprehensive measures to control the soaring medical expenses in consideration of the various factors such as demand, supply, and the organizational side of the medical system.

  • PDF

Investigation of the effects of temporomandibular joint arthrocentesis on blood volume of the retinal structures

  • Keskinruzgar, Aydin;Cankal, Dilek Aynur;Koparal, Mahmut;Simsek, Ali;Karadag, Ayse Sevgi
    • Journal of Dental Anesthesia and Pain Medicine
    • /
    • v.19 no.1
    • /
    • pp.37-44
    • /
    • 2019
  • Objective: Arthrocentesis is a minimally invasive surgical procedure that is used to alleviate the symptoms of temporomandibular joint (TMJ) disorders. The aim of this study was to investigate the effect of arthrocentesis on the blood supply to the retinal structures. Materials and Methods: Arthrocentesis was performed on 20 patients with TMJ disorders, and choroidal thickness (CT) in patients was measured to evaluate retinal blood circulation. The blood volume of the retinal structures was evaluated ipsilaterally before and after arthrocentesis, and these measurements were then compared with measurements obtained from the contralateral side. Results: Before arthrocentesis, there were no differences in retinal blood volumes between the ipsilateral and contralateral sides (P = 0.96). When ipsilateral CT measurements taken before and after arthrocentesis were compared, retinal blood supply was found to have significantly decreased after arthrocentesis (P = 0.04). When contralateral CT measurements taken before and after arthrocentesis were compared, retinal blood supply was also found to have decreased after arthrocentesis, but not significantly (P = 0.19). Conclusion: The solution of local anesthesia with epinephrine applied before the arthrocentesis procedure was found to reduce the blood volume of the retinal structures. To the best of our knowledge, this is the first study that has investigated the blood volume of the retinal structures following arthrocentesis.

Education, Industry 4.0 and Earnings: Evidence from Provincial-Level Data of Vietnam

  • TU, Anh Thuy;CHU, Phuong Thi Mai;PHAM, Truong Xuan;DO, Ngoc Minh
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.2
    • /
    • pp.675-684
    • /
    • 2021
  • This paper aims to analyze factors influencing earnings of workers in Vietnam using provincial-level data from 2016 to 2018. We show the important determinants of earnings of workers of more than 15 years old including working hour, labor force, life expectancy, education, regulation measured by Provincial Competitiveness Index (PCI) and especially Industry 4.0, our major depart from literature proxies by government expenditure on science and technology, number of phone lines, and number of internet users. Working hours are a typical measurement of quantity of labor supplied. Labor force represents market size from the supply side. Life expectancy measures the health of laborers, a physical quality measure of workers. PCI stands for institutional status of the locality. Two most important factors of our interest are education, representing qualification of workers, and Industry 4.0, reflecting the new working environment of workers. By estimating a robust standard error fixed-effect model, we have evidence that all factors are significant in explaining earnings of Vietnamese workers. Education and IR4.0 play an important role in earnings of workers of Vietnam. Results also provide an estimation of Vietnam's labor supply in the context of Industry 4.0. In addition, findings contribute to explain the income discrepancy among Vietnamese provinces.

Non-Agricultural Occupations of Korean Immigrants at the Russian Far East (러시아 극동지역 한인이주민의 직업에 대한 연구: 비농업직(非農業職)을 중심으로)

  • 이채문
    • Korea journal of population studies
    • /
    • v.23 no.2
    • /
    • pp.39-77
    • /
    • 2000
  • The paper examines non-agricultural occupations of Korean immigrants in the Russian Far East from 1860s to 1930s. First of all, theoretical perspectives regarding immigrants\` job selection and positions in the labor market such as cultural theory, segmented labor market theory, human capital theory, and ethnic enclave theory were reviewed and then how these theories can be applied to various jobs of Korean immigrants including mining, fishing, small business, service, and miscellaneous jobs was studied. Next. this article points out that those theories cannot explain both supply and demand sides of migration simultaneously, suggesting the need to integrate two sides of migration. In order to fill out this gap in the literature, this paper suggests the integrative approach which combines supply side and demand side of migration. According to this model, several factors in the non-agricultural jabs which were affecting Korean immigration in the Russian Far East. were identified and discussed in relation with existing theoretical perspectives. Finally this paper concludes that, in order to understand Koran migration in the Russian Far East properly, we have to take into consideration simultaneously both supply-sided factors of immigration including farming-oriented characteristics of Koreans, Korean socio-economic problems preceding immigration, and self-dependent tendencies of Korean immigrants and demand-side factor like the Russian migration policy to the immigrants and various regional situations in the Russian Far East.

  • PDF

Impacts on the Support to Start-up Venture Company using Public Purchases (공공조달수요를 통한 창업벤처기업 지원의 거시경제 파급효과)

  • Kim, Jaehyun;Kim, Ji Young
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.16 no.2
    • /
    • pp.153-161
    • /
    • 2021
  • This study analyzed the ripple effect of the demand-side support for start-up venture companies on the macro economy using Dynamic General Equilibrium model. In the model, start-up venture companies were expressed in a manner that distinguished between workers and entrepreneurs by applying the span of control in the Lucas(1978). As a result of the analysis, when the share of public procurement of start-up venture companies was increased from 5.7% to 10%, the actual production of start-up venture companies increased by about 46.17% and the number of venture companies increased by about 150%. In addition, it was analyzed that the number of jobs through venture companies increased by about 61.56%. In addition, it was found that the economic effect was greatly reduced when the start-up venture company was supported as a subsidy for the supply sector with the same amount as the public procurement support. This is interpreted as the fact that if the government implements the supply-side support policy, the expansion of supply causes the price of start-up venture companies to fall, reducing the effect of the support policy in half. Therefore, when supporting start-up venture companies, the government should make efforts to maximize the policy effect by expanding the demand-side support through public procurement and reducing the payment of simple subsidies to start-up venture companies.

A Study on the Supply and Demand of Technical Manpower in Construction (건설기술인력의 수급효율화 방안 연구)

  • Park Hwan-Pyo;Ji Sang-Wuk;Lee Kyo-Sun;Park Sang-Hoon
    • Korean Journal of Construction Engineering and Management
    • /
    • v.3 no.3 s.11
    • /
    • pp.58-65
    • /
    • 2002
  • University graduates from construction-related departments are undergoing serious difficulties in getting a job as construction companies are reluctant to employ new personnel due to the depression in the construction industry which has been downscaled in both domestic and overseas markets. In the situation is like this, statistics show that the percentage of employment among the university graduates is less than $25\%$, the unemployment problem in the construction sector has started to demand urgent countermeasures. This report anticipated demand and supply for technical man power in the field of construction in between 2002-2008. For preparation of an effectiveness of supply and demand plan on over-supplied in construction technical man power, this suggested expansion of SOC investment, induced into IT field of unemployed construction manpower, enlargement of overseas construction manpower And this considered an elastic operation of curriculum related to construction, and arranged an excess supply and demand of construction technical manpower, which has been considered to education that will meet with demand of enterprise, etc. on both side of quantity and quality simultaneously.

A Study on Improvement of Connection Method of Underground Parking Lot SP Equipment Water Supply Pipe for Effective Fire Activities (효과적인 소방활동을 위한 지하주차장 스프링클러설비 송수배관 연결방식의 개선에 관한 연구)

  • Son, Gae-Seong;Choi, Ji-Hun;Choi, Don-Mook
    • Journal of the Korea Safety Management & Science
    • /
    • v.17 no.4
    • /
    • pp.161-169
    • /
    • 2015
  • A fire sprinkler system is very important to extinguish fire in the building. The sprinkler system initiates sprinkler discharge if the detection system identifies a developing fire and opens the pre-action valve. However, pre-action fire sprinkler systems mainly installed in the underground parking lot at the apartment complex do not properly operate at fire if the connection type of fire sprinkler systems does not properly installed and operated. This study identified the relationship between fire dispersion & damage and the connection type of water supply in the sprinkler system from many fire cases at the apartment complex in South Korea. In addition, this study also identified the water supply differences and characteristics between South Korea and foreign countries. The main purpose of this study is also to improve the water connection types in the sprinkler system that can reduce the potential failures of pre-action valve operation through electrical signal system. The study also suggests the improvement plan for water connection types in pre-action fire sprinkler system that can minimize potential failure of pre-action fire sprinkler system. The suggestions for revising the fire safe standard in South Korea includes letting the water supply pipe of sprinkler system water inlet connect to the second side of pre-action valve and the water flow device that can minimize potential failure of sprinkler system.

Analysis of Industrial and Locational Characteristics of Decent Work Supply using Job Posting Big Data (채용공고 빅데이터를 활용한 괜찮은 일자리 공급의 산업 및 지역입지 특성분석)

  • Jeong-Il Park
    • Journal of the Korean Regional Science Association
    • /
    • v.39 no.4
    • /
    • pp.19-32
    • /
    • 2023
  • Using extensive job posting big data, this study investigates the industrial and locational characteristics of decent work from the supply side. The analysis revealed that manufacturing is pivotal in supplying decent work, accompanied by a stark regional disparity, most notable in the Seoul Metropolitan Statistical Area (MSA), which constitutes nearly half of all decent work opportunities. The study further uncovered that the distribution of decent work varies significantly across MSAs, with a pronounced inclination towards a higher supply in peripheral rather than central areas. These findings bring to light the critical need for policies that bolster manufacturing, aiming to enhance the availability of high-quality jobs and to bridge the job quality gap between the Seoul MSA and other regions. Moreover, the results emphasize the necessity for customized job supply strategies in each MSA, prioritizing strategies that account for the proximity between workplaces and living areas in the job supply process.

Characteristics of Rice Hulls, Sawdust, Wood Shavings and Mixture of Sawdust and Wood Shavings, and Their Usefulness According to the Pen Location for Hanwoo Cattle

  • Ahn, Gyu Chul;Jang, Sun Sik;Kwak, Hyung Jun;Lee, Sang Rak;Oh, Young Kyun;Park, Keun Kyu
    • Asian-Australasian Journal of Animal Sciences
    • /
    • v.29 no.4
    • /
    • pp.599-605
    • /
    • 2016
  • In this study, two experiments were conducted to investigate the physicochemical characteristics (Exp. I) of bedding materials such as rice hulls (RH), sawdust (SD), wood shavings (WS) and sawdust+wood shavings (S+W; 1:1 in volume), and utilization of these beddings except RH (Exp. II) for rearing beef cattle. In Exp. I, the distribution of particle size (%) with $250{\mu}m$ and below $250{\mu}m$ was greater (p<0.05) in SD (30.4) than RH (4.4), WS (18.8) and S+W (20.1). Bulk density ($kg/m^3$) of bedding materials was directly proportional to the percentage of $250{\mu}m$ and below $250{\mu}m$ particles, 178, 46, 112, and 88 for SD, WD, S+W and RH, respectively. Water absorption rate (%) after submersion in water for 24 h was higher (p<0.05) in WS (540.2) compared to SD (270.2), S+W (368.2). The S+W had an intermediate value of the absorption rate between SD and WS, but had an outstanding durability of water absorption capacity. Moisture evaporation rate (%) for 12 h was higher (p<0.05) in WS (75.4) than SD (70.5), S+W (72.2) and RH (57.8). Average ammonia emission ($mg/m^2/h$) for 36 h was higher (p<0.05) in RH (3.15) than SD (1.70), WS (1.63), and S+W (1.73). In Exp. II, thirty six Hanwoo cows were allocated in 9 pens with one side on feed bunk side (Side A) and another side equipped with water supply (Side B) for 3 weeks with duplicated periods. Average moisture concentrations (%) of beddings were higher (p<0.05) in WS (side A, 65.7; side B, 57.9) than SD (side A, 62.5; side B, 52.2) and S+W (side A, 61.6; side B, 50.7). Regardless of types of beddings, moisture concentrations (%) of beddings within a pen were lower (p<0.05) at side B than A, implying longer period of utilization. These results suggest that using S+W would be a better choice than SD or WS alone, considering physicochemical characteristics and economics, and RH is not a suitable material as a bedding for beef cattle.