• Journal of Korea Trade
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• 제23권2호
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• pp.88-109
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• 2019

Purpose - This paper examines the effects of host country's non-economic factors on foreign affiliate's financial and operational performance. Design/Methodology - Using Korean-owned foreign affiliate-level data, we employ various measures that represent host country's non-economic factors and examine their effects on foreign affiliate's performance. We further investigate the effects of local top managers and local middle managers on the impact of country's non-economic factors on foreign affiliate's performance. Findings - We find that local top managers are effective in increasing foreign affiliate's financial performance by dealing with institutional and cultural factors, particularly in high-income countries, while local middle managers are effective in increasing affiliate's operational performance by responding to the changes in doing business factors, particularly in low-income countries. Originality/value - Considering that most of previous FDI studies focus on examining host country's economic factors on firm's FDI decision, our findings suggest that country's non-economic factors are strongly associated with actual business performance of foreign affiliates.

• 한국유기농업학회지
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• 제21권4호
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• pp.501-522
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• 2013

This study has performed comparative analysis on benefit indicators in agricultural irrigation and drainage project cases between Korea and Japan. The irrigation and drainage project with publicity should do economic analysis of direct benefit factors as well as indirect benefit factors. However, traditional economic evaluations are used that benefit factors are lack of consistency and focused on direct benefits. Therefore, the purpose of this study was to develop indicators for the economic evaluation of irrigation and drainage projects. We conducted a case study between Korea and Japan. The resulting benefit factors was divided into direct factors and indirect factors. The direct benefit factors were increase in income, cost savings. The indirect benefit factors were protection of property due to flooding, agricultural promotion, aesthetic improvement. The implications of this study are that the indicators of economic analysis can be evaluated and easily applied. Moreover, these indicators could promote the feasibility of economic analysis.

• 산업공학
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• 제14권4호
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• pp.421-428
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• 2001

The economic effects of informatization are differently occurred according to industry types. Thus an evaluation methodology which reflects the industry type characteristics of informatization is needed. In this paper, we develop and analyze the indices for evaluating economic effects through informatization according to industry types, such as manufacturing, construction, financial services and marketing services. The factors related to performance of enterprise informatization can be defined as cost factors, effect factors, risk factors and influence factors. Effect factors are defined as quantitative or qualitative performance of informatization and classified into operational effect factors and strategic effect factors. The influence factor is defined as characteristics of informatization for industry types, that is, value chain of business and business products or services. Economic effect indices are classified according to the activity of business value chain. Economic effects indices of this research can be expected to play a role of general and standardized factors for economic evaluation of industry informatization.

• The Journal of Asian Finance, Economics and Business
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• 제7권8호
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• pp.205-212
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• 2020

This study seeks to examine the main factors, external and internal to the bank, that enhance bank lending. Bank lending is one of the connecting bridges in sustaining society. Internal factors consist of ROA, DPK, and CAR. External factors are economic growth and interest rate of Bank Indonesia. The population of this research consists of traditional commercial banks listed on the IDX over the 2014-2017 period. Samples were chosen by purposive sampling method. This study uses secondary data with 56 samples; data analysis uses multiple linear regression. The findings of the study show that internal factors have a greater impact on increasing bank lending than external factors. The main variable among internal factors that influences increase in bank lending is ROA. DPK is the internal factor with the smallest impact on increasing bank lending. The implication of the study is that determining the bank lending should take more account of CAR, DPK, ROA, BI interest rates, and economic growth in making decisions about the amount of lending. These variables can only have a slight effect on increasing lending, though. Besides, internal factors such as NPL, LDR or non-economic factors also need to be considered in channeling bank credit.

• KDI Journal of Economic Policy
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• 제45권4호
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• pp.23-56
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• 2023

To investigate the causes of Korea's growth slowdown over the past thirty years, we estimate the contributions of major developmental factors, including i) demographic factors (changes in population growth and workforce age due to the demographic transition), ii) quality-of-life-related choice factors (changes in working hours, education, and the female employment rate), iii) structural change, and iv) the effects of productivity catch-up. Our estimates show that these four groups of factors account for approximately 90 percent of the growth slowdown, with demographic factors contributing approximately 30 percent and the other three groups of factors each contributing about 20 percent. We also show that the same factors explain most of Korea's high growth in the 1980s. These results suggest that Korea's growth slowdown is basically a consequence of its successful economic development and that the high growth and subsequent slowdown can be regarded as a single process. In addition, given that the factors examined here exhibit similar patterns of change in the course of economic development of most countries, we think that our estimation results of the relationship between economic development and changes in economic growth trends could have more general implications that go beyond Korea's experience.

• International Journal of Computer Science & Network Security
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• 제22권6호
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• pp.241-245
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• 2022

The main purpose of the study is to determine the main factors influencing the economic environment of the region and its financial and economic security. Ukraine aspires to become a full member of the European Union, but the events of 2022 have changed everything. Full-scale military operations on the territory of Ukraine significantly affect its socio-economic situation Today, the issue of studying the negative impact of military operations on the economic environment is very relevant. Based on the results of the study, we have identified the main negative factors of the military impact on the economic environment of the region and its financial and economic security.

• 수산경영론집
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• 제40권3호
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• pp.127-146
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• 2009

This study is to estimate the factor weights of the reasons for decreases in marine fishery resources using the Analytical Hierarchy Process. Furthermore, it classifies 20 fishes under a fishery resource recovery plan into various groups of fishes according to these factor weights using the non-hierarchial cluster analysis. The factors of decreases in marine fishery resources are identified as bio-ecological, technology-system, economic-business, and fishing village-society factors. Two of the most important factors of decreases in resource are turned out to be the economic-business and bio-ecological factors, estimated as 31% and 30% respectively. The technology-system and fishing village-society factors are estimated as 21% and 18% respectively. The study utilizes non-hierarchical cluster analysis in order to classify 20 fishes into 2, 3, and 4 groups. K-means cluster analysis is applied for grouping in conjunction with ANOVA to identify statistical differences in factors. Once again, the economic-business and bio-economic factors play main role in grouping 2-groups of fishes case. The third group of fishes in addition to the previous 2 groups of fishes appears as those 4 factors of decrease evenly play about the same role at a 3-groups of fishes case. Finally, the economic-business and bio-economic factors are turned out to be evenly important in the 4th group once there are 4-groups of fishes.

• 한국주거학회논문집
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• 제18권2호
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• pp.75-82
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• 2007

Under the premise that the housing market is not fixed, but changes organically according to social and systematic environment, it has important meaning as the object of this study to identify the recent housing market's movement by deducing the changed characteristics of the factors to compose the recent new houses. By using the following methodology, this study analyzed the characteristics and mutual relations of the economical and house-composing factors, categorized the investigation object into sub-markets, and executed comparative analysis. First, based on the leading studies analyzing the factors of house price determination and the assessment indicators of 'Green Building Certification Program', the composing factors are deduced. Second, the factors are categorized as economic, housing complex planning and geographical condition. Third, to identify the influence of housing environmental factors on economic factors, the correlation between the former and the latter, and the difference between economic factors are analyzed. Fourth, by segmenting and categorizing the housing market into time and location subgroups, the chronicle trend and the geographical characteristics are analyzed.

• 한국항만경제학회지
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• 제31권1호
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• pp.51-68
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• 2015

최근 우리나라에서도 '해양경제특구'의 지정 필요성이 대두되고 있다. 해양은 새로운 자원 확보 및 국가적 역량제고에 무한한 가능성의 공간을 제공하며, 특히 중국, 일본 등 동북아 주변국의 국가 차원의 해양산업 발전전략을 강화하고 있으나 국내 항만정책은 그간 양적성장 위주로 추진되어와 발전한계에 봉착하고 있다. 따라서 국가적 차원의 해양산업 고도화 및 고부가가치 창출 전략 필요한 시점에 와 있으며, 이에 '해양경제특구'의 지정 필요성이 크게 대두되고 있다. 그러나 '해양경제특구'의 지정이 중요한 것이 아니라 그 성공적인 개발을 통한 시너지 효과의 극대화가 중요한 것이다. 따라서 본 논문에서는 '해양경제특구'를 지정하여 성공적으로 개발하기 위한 성공 요인분석을 하였다. '해양경제특구'의 성공적인 발전 요인 중 대분류 세 가지 요인에 대한 분석결과는 "주관적인 요인"이 4.11점, "산업환경적인 요인"이 3.89점, 그리고 "정부정책적인 요인"이 3.72점이었다. 세 가지 요인 중 주관적인 요인의 평균평점이 월등히 높아 결국 '해양경제특구'의 성공적인 발전을 위해서는 입주기업 스스로가 집중화된 시장전략 및 친시장 능력을 확보하여 경쟁력을 갖추는 것이 가장 중요하다는 것을 나타내고 있다. 하지만 산업환경적인 요인과 정부정책적인 요인의 평균평점은 각각 3.89점 및 3.72점을 기록하여 주관적인 요인보다는 적은 영향을 미치고 있다는 결론이다. 즉, 주관적인 요인의 평균평점이 월등히 높다는 것은, '해양경제특구'의 성공적인 발전을 위해서는 입주업체 스스로가 가장 우선적으로 (1) 집중화된 시장전략 및 친시장적인 능력을 확보하고, (2) 신속한 고객 욕구 충족 및 신뢰성을 확보하며, (3) 특구 내 해양산업 분야 간 연계발전 모델 정립을 통한 경쟁력 확보하는 것이 가장 중요하다는 것을 의미한다.

• 아태비즈니스연구
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• 제13권1호
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• pp.37-52
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• 2022

Purpose - The objective of this study is to investigate what motivates global FDI inflows in the different economic development level and to clarify the FDI motivation type in the level of qualitative economic growth. Design/methodology/approach - Major macroscopic social·economic factors induced FDI inflows were analyzed using fixed-effect panel regression with 30-year panel data of 28 countries from 1985 to 2014. For analysis in the stage of economic growth, two category of developed and developing countries was used. And to analyze FDI motivation type in the level of qualitative economic growth, 4 shares of GDP; consumption·government·investment expenditure and export, was used as explanatory variable. Findings - In developed country, TFP(total factor productivity) and GDP have a great influence on FDI inflows, and consumption and labor compensation have a slight effect. This result indicates that the market seeking-driven, horizontal type investment is shown along with efficiency seeking investment. In developing country, human capital and TFP is shown to have greater impact on FDI inflows and labor compensation, exports, investment and government expenditures also have impacts. Thus it has confirmed that not only efficiency-seeking vertical investment for using low cost well educated laborer, but also government-driven economic growth and export policies could affect the FDI inflows. Research implications or Originality - The FDI investment decision making of multinational companies is decided by their own purpose. But, in the concept of as follows; 1) FDI is a long-term capital flowing for maximization of economic utility with limited global resource, 2) Thus FDI could be affected by macro socio·economic factors of host country. 3) Also such macro factors is different by each economic growth qualitative level. Therefore macro socio·economic factors of each country could be affected by the qualitative level of their own economic growth. To attract FDI inflows, it is desirable to implement differentiated incentive policies in the qualitative level of economic growth. Furthermore in developing countries it is recommended to implement government driven economic growth policies as follows; fostering well educated human resources, improving technology productivity in the relative lower cost labor market compared to developed countries and boosting international export volume.