• Title/Summary/Keyword: ecomomy

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The Effect of Inviting External Capital on Regional Economy (외부자본 유치가 지역경제가 미치는 경제적 효과)

  • 김영용;손용엽
    • Journal of the Korean Regional Science Association
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    • v.13 no.2
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    • pp.25-43
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    • 1997
  • This paper empirically estimates gains from capital inflow to a regional ecomomy. It will be a usefulc for indicator for a local government to build a policy for attracting capital. We estimate the respective Cobb-Douglas production function for 11 provinces of Korea, derive its marginal productivity of capital, and then calculate the amount of capital moved between two provinces and gains from the capital movement. With no barriers to capital movement, there would be a strong motive for capital inflow to Seoul, Pusan, and Kyungki, whereas capital outflow would be expected in Chonnam, Chungbuk, Chungnam, and Kyungbuk. The ratio of gains from capital movement to the regional domestic from capital movement to the regional domestic product(RDP) is high in Cheju, Kangwon, Chungbuk, and so on. It turns out that capital flows from an area with lower productivity of capital to one with hihger productivity. This implies that if the local government of an underdeveloped region wants to lure capital investment from outside, it needs to provide it with strong incentives of eax reduction and special loans.

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Effect of Walking Tour Experience on Tourist satisfaction and Revisit Intention (도보관광의 체험요소(4Es), 만족도, 재방문 의도에 관한 연구)

  • Kim, Seung-Lee;In, Ok-Nam
    • Journal of the Korea Society of Computer and Information
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    • v.19 no.5
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    • pp.99-107
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    • 2014
  • In the past decade, Pine & Gilmore set out the vision for a new economic era, the experience economy, in which consumers are in search for extraordinary and memorable experiences. The purpose of this study is to investigate the relationships among walking tourist's experiences, walking tourist satisfaction and revisit intention as the social interest on walking tour has risen. A total of 250 respondents completed a survey. Using structural equation modeling (SEM) technique, the results reveal the effects of Esthetics(indulged in environments) and Escapism(diverging to a new self) that impact on walking tourist satisfaction and on revisit intention indirectly. Overall, finding of this study enhance the theoretical progress on the experiential concept in walking tour and offer important implication for walking tour marketers.

The Feature and Modernistic Significance of Mohist's economic theory (묵가 경제 이론의 특징과 그 현대적 의의)

  • Hwang, SeongKyu
    • The Journal of Korean Philosophical History
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    • no.32
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    • pp.251-276
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    • 2011
  • In old days when there were no developed producing devices like today, all the scholars insisted that we should economize products and that will lead to economic stability of a nation. But the in case of Mozi, he criticized the ruler's extravagance and wastefulness. He tried to prove the result and its' effect on national economy and people's usual life. He also tried to protect and improve people's fortunes and productivity through his theories. He is one of the first scholars who thought about the relationship between labor cost, price theory and product circulation. His theories are in the book of Mojing. He thought that material condition makes a great impact on the people's ethical life and social systems. He devoted his life to improve his theory- if the nobility do not waste and exploit; the national economy will be developed. In Mozi's Economical theory, we can find out his love for the people and desire for the people's welfare.