• Title/Summary/Keyword: economic convergence

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An Empirical Analysis on the Economic Growth Convergence in the East Asian Countries (동아시아 국가의 경제성장 수렴에 대한 실증분석)

  • Song, Jeongseok;Kim, Hyunsuk
    • International Area Studies Review
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    • v.14 no.3
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    • pp.477-498
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    • 2010
  • This paper studies economic growth convergence conditioning on various characteristics of East Asian countries. Our findings suggest that when trade openness is conditioned in addition to human capital and investment, the economic growth rates for East Asian countries converge faster than when human capital and investment alone are considered. In particular, while Northeast Asian countries exhibit absolute economic growth convergence as well as economic growth convergence conditioned on trade openness, Southeast Asian countries show only economic growth convergence conditioned on trade openness. Analysis of policy implications based on the results of the first East Asian countries' high dependence on foreign trade, trade openness in the convergence of economic growth has had a significant positive effect. Second, in order to establish a regional economic integration in East Asia, Northeast Asia and Southeast Asia, the country's economic growth is necessary to reduce the gap.

An Exploratory Study on Future Economic Activity of Digital Convergence Generation (디지털 컨버전스 세대의 미래경제활동 특성에 관한 연구)

  • Kim, Yeon-Jeong;Park, Ki-Ho
    • Journal of Information Technology Services
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    • v.10 no.4
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    • pp.33-46
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    • 2011
  • This research focus on the economic activity as consumer and producer traits of future customers in the convergence age. We assess level of convergence for digital devices and services respectively by questionnaire survey and interview for 14 professions. And then, for evaluating convergence level and usage of digital services of each respondents, we conducted the questionnaire survey for 343 samples. Findings of our research hold that the group who showed higher level of convergence tends to use the socialized digital services more. Convergence generation were heavy users in appstore on smart-phone and wireless game and more participating. In digital service area, facebook/cyworld, twitter, UCC, portal, internet community in digital service. Convergence generation are global network communication, buying decision making activity, actively opinion expression, prosumer attitude, dependency on digital device, experience based purchase behavior, enthusiastic information sharing.

Measuring the Economic Impacts of Hydrogen Economy in South Korea: An Input-output Approach (산업연관분석을 이용한 수소경제의 경제적 파급 효과 분석)

  • SU-BIN CHOI;JU-HEE KIM;SEUNG-HOON YOO
    • Journal of Hydrogen and New Energy
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    • v.34 no.5
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    • pp.398-412
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    • 2023
  • The Korean government is actively promoting the hydrogen industry as a key driver of economic growth. This commitment is evident in the 2019 hydrogen economy activation roadmap and the 2021 basic plan for hydrogen economy implementation. This study quantitatively analyzes the economic impact of the hydrogen economy using input-output analysis based on the Bank of Korea's 2019 input-output table, projecting its size by 2050. Four parts dealt with production-inducing, value-added creation, employment-inducing, and wage-inducing based on a demand-driven model. The results reveal that transportation had the most remarkable economic effect throughout the hydrogen economy, and production was the least. The hydrogen economy is projected to reach 71.2 trillion won by 2050.

Study on the Impact of Various Economic Experience in Adolescence on Formation of Economic View in an age of convergence (융복합시대 청소년기의 다양한 경제 경험이 경제관 형성에 미치는 영향)

  • Lim, Sang-Ho
    • Journal of Digital Convergence
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    • v.13 no.11
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    • pp.509-515
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    • 2015
  • This study verified the effectiveness of various economic experience in adolescence on forming economic view. Survey was carried out for Asan-si residents and online homepage visitors in Sep. 2015, 116 cases were finally used for analysis. This study confirmed the moderating effect of interest in economy on the relationship between various economic experience in adolescence and formation of economic view, and analyzed differences depend on economic knowledge learning path. Various economic experience in adolescence positively affected economic comprehension, rational consumption attitude, start-up intention and the moderating effect of interest in the economy was verified. Demographic Characteristics and economic knowledge learning path also affected differences of economic view by the group. These study results suggest that experiential youth economic education program will be effective on forming economic view.

An Analysis of the Economic Effects of the Project which Constructs the Platfonn for Broadcasting and Communications Convergence Public Service (방통융합 공공서비스 플랫폼 구축사업의 경제적 파급효과 분석)

  • Jeong, Woo-Soo;Lee, Seung-Taek
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.34 no.7B
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    • pp.734-743
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    • 2009
  • This paper is to analyze the economic effects of the broadcasting & communications convergence public service platform build-up. For the economic effect analysis, we reclassified the Broadcasting & Communications Convergence Industry Classification System and re-drew up 2009 Inter-industry Relations Table by using the 2003 Inter-industry Relations Table issued by the Bank of Korea and the RAS techniques. And we analyzed the economic effects that can be drawn from the broadcasting & communications convergence public service platform establishment. As a result, the gross production inductive effect which appears with the economic effect of the broadcasting & communications convergence public service platform establishment project from 2009 to 2014 came out to be about 3trillion 325.1 billion KW, added value inductive effect of 2trillion 976.5billion KW and the employment inductive effect of the job creation of about 13,806 people. Afterward, it is anticipated that the broadcasting & communications convergence public service platform build-up project to contribute to the improvement of Koreans' daily life. Moreover, this research will be used as a valued basic material in the pursuit of the future broadcasting & communications convergence projects.

Convergence Relationship of Oral Health and Suicidal ideation in Korea Economic activity (한국 경제활동자의 구강 건강과 자살 생각의 관련성 융합연구)

  • Park, Sin-Young
    • Journal of Convergence for Information Technology
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    • v.10 no.10
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    • pp.268-272
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    • 2020
  • This study will be used as basic data for the prevention of suicide ideation and the promotion of oral health of economic activity by studying the data of National Health and Nutrition Survey in Korea to find out the relationship between the oral health and suicidal ideation in Korea economic activity. The collected data was based on the IBM SPSS Statistics 20.0 program, and the analysis method is to analyze the frequency of complex samples, Chi-square test of complex samples and logistic regression analysis of complex samples were performed. According to the study, discomfort chewing 2.49 times higher in relation to oral health and suicidal ideation. Therefore, it suggests the need for oral health care to prevent suicide ideation of economic activity.

Economic Analysis of an Internet Portal, 'NANOIN'

  • Kim, Heung-Kyu
    • Journal of the Korea Society of Computer and Information
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    • v.21 no.6
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    • pp.117-125
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    • 2016
  • In this research, economic analysis of Integrated Information System for Nano-convergence Industy (hereafter 'NANOIN'), which was developed and has been in operation by Organization of Nano-convergence Industrial Cooperation, is conducted. For this purpose, the research has been carried out in the following order. First, NANOIN user's maximum willingness-to-pay is estimated using contingent valuation method, the number for NANOIN users is estimated using Bass Diffusion Model, and annual benefit from NANOIN is estimated. Next, annual cost from NANOIN is estimated using annual budget for NANOIN related planned activities. Finally, economic value of NANOIN is evaluated using economic analysis applied to the estimated annual NANOIN benefit and cost. From the economic analysis, it is found that NANOIN has some economic value. It is expected that the procedures suggested in this research can help to systematically evaluate economic value for public goods which have not only uncertain benefit from user's side but also uncertain demand just like NANOIN.

Quantitative Tests for Income Level Convergence in Asian Countries

  • Tejero, Wilma Milo;Hwang, Jinyoung
    • Asia-Pacific Journal of Business
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    • v.10 no.1
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    • pp.1-11
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    • 2019
  • Asian countries have been striving for economic integration for decades. This effort may lead to the convergence of income level through externalities across countries. This paper investigates whether the convergence phenomenon holds for income levels in Asian countries for the periods between 1975-2015 applying the traditional methodology of ${\sigma}-$ and ${\beta}-convergence$. Although the absolute ${\beta}-convergence$ of income levels in Asian and ASEAN+3 countries do hold, ${\sigma}-convergence$ and conditional ${\beta}-convergence$ of income level generally do not exist. This suggests that the benefits of economic integration in Asian countries were not yet realized to be significant. A plausible explanation is that the economies of Asian countries are largely based on low trade openness and a high level of informal economy.

Study on the Impact of Perception towards Youth Economic Education on Personal Traits in an Age of Convergence (융복합시대 청소년 경제교육에 대한 인식이 개인의 인격적 특성에 미치는 영향)

  • Lim, Sang-Ho
    • Journal of Digital Convergence
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    • v.13 no.11
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    • pp.57-62
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    • 2015
  • This study intended to verify the importance and effectiveness of youth economic education by examining how perception towards youth economic education affects creativity, sociability and leadership in an age of convergence. As a result of the online survey, perception towards the importance of youth economic education affirmatively affected creativity and the perception towards effectiveness of youth economic education affirmatively affected creativity, sociability and leadership. Moreover, creativity, sociability, and leadership were higher when interest in economic education was high. This study showed that affirmative perception and interest towards youth economic education are effective in developing creativity, sociability and leadership.

A Study on the Economic Effect of the Establishment of Convergence Zone in the Gyeongbuk Industry-University Convergence Area (경북산학융합지구 융복합 Zone 조성 경제적 파급효과 연구)

  • Kim, Shin-Pyo;Kim, Jae-Moon;Gown, Yun-Ha;OH, Se-Dong;Lee, Soon-Bea
    • Journal of Industrial Convergence
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    • v.13 no.1
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    • pp.1-9
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    • 2015
  • The purpose of this Study is to analyze the economic effect of the project for the establishment of the Convergence Zone of the Gyeongbuk Industry-University Convergence Area aimed at activation of R&D of companies within the Kumoh Technology Valley. As the result of the analysis, the investment of 56.837 Billion Won in the establishment of the Convergence Zone of the Gyeongbuk Industry-University Convergence Area had the effect on production inducement valued at 133.582 Billion Won, effect on added value inducement valued at 41.764 Billion Won, effect on import inducement valued at 16.794 Billion Won and the effect on employment inducement numbered at 4,992 persons.try.

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