• 자원ㆍ환경경제연구
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• 제13권2호
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• pp.245-269
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• 2004

환경보전 활동을 위한 노력도 교부금과 같은 예산의 지역간 배분에 있어 감안이 되어야 하는데 그렇지 못하고 있다. 개발활동만 기준하여 지원되고 있다. 본 연구의 주된 목적은 환경변수를 예산 배분정책에 반영할 수 있는 방법을 개발하고 이를 실제로 적용하는데 있다. 본 연구는 각 지역별 환경에 미치는 다양한 변수들을 고려하여, 지역간 환경 기여도의 평가방법론을 개발하고 검증하였다. 최대최소법, 최대최대법, 단순가중치법, 계층가중치법과 같은 네 가지 방법론을 적용하여, 대구시의 환경 기여도를 평가해 본 결과, 극단적 상황이 예상되지 않는 조건 하에서 단순가중치법과 계층가중치법을 우선해서 대구시 환경 기여도를 분석할 수 있었다. 이른 기준을 감안한 예산배분은 개발에 치중된 재정지원에서 환경적으로 건전한 지역개발을 유도하는데 기여할 것으로 기대한다.

• Asian Journal of Business Environment
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• 제7권4호
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• pp.5-9
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• 2017

Purpose - Many countries rely on currency depreciation or debt-financed government spending to stimulate their economies. Currency depreciation tends to increase net exports and aggregate demand but reduce short-run aggregate supply due to higher import costs. Debt-financed government spending increases aggregate demand, but the crowding-out effect due to a higher real interest rate may reduce private spending and aggregate demand. Therefore, the net impact of currency depreciation or debt-financed government spending on equilibrium real GDP is unclear. Research design, data, and methodology - This paper examines potential impacts of real depreciation of the ringgit, more government debt as a percent of GDP and other relevant macroeconomic variables on aggregate output in Malaysia. Results - Applying the AD/AS model, this paper finds that aggregate output in Malaysia is positively associated with real appreciation during 2005.Q3-2010.Q3, real depreciation during 2010.Q4-2016.Q1, the debt-to-GDP ratio and the real stock price, negatively affected by the real lending rate and inflation expectations, and is not influenced by the real oil price. Conclusions - Real depreciation of the ringgit after 2010. Q3 or sustainable expansionary fiscal policy would be beneficial to the economy.

• 산경연구논집
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• 제8권5호
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• pp.7-13
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• 2017

Purpose - The purpose of this paper is to analyze the relationship between the real exchange rate and the output, which is based on the macroeconomic equilibrium theory in China. Its aim will be to verify whether the change in the real exchange rate has a significant effect on the output or not. Research design, data, and methodology - This study endeavors tries to investigate the correlation among economic variables under the macroeconomic market (the commodity market and the money market) equilibrium. So, time-series data from 1990 to 2016 is applied to establish a vector auto-regression (VAR) model so as to perform an empirical analysis. Results - The empirical results reveal that an increase in the real exchange rate will result in an increase in the output in the short run. However, the empirical results also indicate that this kind of mechanism cannot work in the long run. Conclusions - The effect of a decrease of real exchange rate on output is significant in the short run. Also, this paper suggests that the total supply and the total demand can promote economic growth. The fiscal and money policy play a significant role in economic growth in China as well.

• 동아시아경상학회지
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• 제4권4호
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• pp.1-7
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• 2016

This paper has studied the impacts of the exchange rate, government debt as a percent of GDP and other relevant macroeconomic variables on aggregate output in the Philippines. A simultaneous-equation model consisting of aggregate demand and short-run aggregate supply is applied. The dummy variable technique is employed to detect whether the slope and intercept of the real effective exchange rate may have changed. Real depreciation during 1998.Q1 - 2006.Q3, real appreciation during 2006.Q4 - 2016.Q1, a lower domestic debt as a percent of GDP, a lower real interest rate, a higher stock price or a higher lagged real oil price would raise aggregate output. Recent trends of real peso appreciation, declining domestic debt as a percent of GDP, lower real interest rates, and rising stock prices are in line with the empirical results and would promote economic growth. The authorities may need to continue to pursue fiscal prudence and maintain a stronger peso as the positive effect of real appreciation dominates its negative effect in recent years.

• 산경연구논집
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• 제14권10호
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• pp.35-43
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• 2023

Purpose: The purpose of this study is to analyze the structural relationship between the possibility of socioeconomic class elevation of wage earners, happiness and organizational commitment, and life satisfaction. Research design, data and methodology: Data from the 24th fiscal year (2021) of the Korea Labor Panel data were used for analysis. Only wage earners who measured job satisfaction and organizational engagement were analyzed, and a sample of 9,138 respondents was finally used, excluding missing values. Structural Equation Modeling was performed using AMOS 23.0, and Maximum Likelihood Estimation (MLE) was used as a model estimation method. Results: First, the hypothetical structural model set up for the study was found to be suitable. Second, the Possibility of Socioeconomic Class Elevation of wage earners, happiness, and organizational commitment were found to have a direct impact on life satisfaction. Third, the possibility of improving the socio-economic status of wage earners affects life satisfaction, and happiness and organizational commitment appear to have a partially mediating effect. Conclusions: This study is significant in that it has increased interest in organizational participation and life satisfaction, which were not covered in previous studies on the possibility of wage workers moving up the socioeconomic class.

• 통상정보연구
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• 제19권1호
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• pp.257-278
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• 2017

본 논문은 전 세계 온라인 기업을 대상으로 소유구조가 기업의 가치에 영향을 미치는지 분석하였다. 실증분석을 위해 FACTIVA database를 사용하여 2014년 온라인 기업 자료를 수집하였다. 최소자승회귀분석, 일반 회귀분석, 모델링 분석 방법을 사용하여 변수들 간의 관계성 분석을 통해 이해일치 이론, 경영자안주 이론, 절충 이론을 검증하였다. 연구결과 대주주가 기업 가치에 미치는 영향이 상반된 것으로 나타났다. 최대 주주는 기업 가치와 음의 관련성을 보였고 나머지 2-3대 주주는 양의 관련성을 보였다. 대주주들 사이에서도 이해상충의 문제가 존재하고 최대 주주의 지분이 증가할수록 기업 가치가 낮은 것을 발견하였다. 최대 주주가 내부자인지 여부도 기업 가치와 관련이 있는 결과를 통해 최대 주주의 출신과 지분율이 중요한 변수임을 파악하였다.

• 한국병원경영학회지
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• 제9권1호
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• pp.22-45
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• 2004

This study was performed to identify factors affecting the profitability of private hospitals in Korea different and to make informations that could be very helpful to hospitals in improving profitability. Data used in this study were collected from 112 hospitals with complete general data of present conditions as well as financial statements(balance sheets, income statements). They were chosen from hospitals that passed the standardization audit undertaken by the Korean Hospital Association from 1998 to 2001 for the purpose of accrediting training hospitals. The dependent variables were used operating margin to total assets and operating margin to gross revenues as proxy indicators for profitability. The independent variables were ownership type, location, bed size, period of establishment, debt to total assets, current ratio, fixed ratio, total asset turnover, average length of stay, bed occupancy rate, admission ratio of outpatients, personnel costs per adjusted inpatient, and fiscal years. The factors had significantly positive effect on operating margin to total assets and operating margin to gross revenues were bed size, total asset turnover. And the factors had significantly negative effect on operating margin to total assets and operating margin to gross revenues were period of establishment, debt to total assets, average length of stay, personnel costs per adjusted inpatient. The adjusted $R^2$ of multiple regression equation was 25.2%, 21.4% respectively. It is very important for private hospitals to improve profitability by raising total asset turnover, and reducing debt to total assets, average length of stay, and personnel costs per adjusted inpatient using the rational and efficient business strategy.

• 한국화재소방학회논문지
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• 제24권3호
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• pp.119-130
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• 2010

다른 행정조직에 비하여 상대적으로 덜 발전된 재난관리분야는 체계적인 개선방안이 더 필요하다. 그런데 재난관리조직의 발전을 위해서는 먼저 소방예산을 충분하게 확보하는 것이 필요하다. 만약 소방예산이 충분하게 편성되지 않으면 소방조직은 재난을 효과적으로 방어하지 못할 것이다. 본 연구는 이론적인 근거와 과거연구를 바탕으로 소방예산에 관한 가설들을 설정하였다. 본 연구의 종속변수는 국민 1인당 소방예산액과 경찰예산액이며 독립변수는 수요변수, 경제적 변수, 정치적 변수, 점증적 변수이다. 가설검증을 위하여 사용한 통계분석방법은 회귀분석, 상관분석, t검정이다. 본 연구의 주요한 결과는 다음과 같다. 첫째, 회귀분석결과 점증적인 변수와 경제적 변수가 예산결정에 유의적인 변수로 나타났다. 그러나 정치적인 변수와 수요변수(구급변수 제외)는 예산결정에 유의적이지 못하였다. 둘째, 소방예산의 평균액은 경찰예산의 평균액과 유의적인 차이를 보이지 못하였다. 위의 결과는 본 연구의 모형에 따른 결과이며 소방예산분야의 의미있는 결과도출을 위하여 앞으로 많은 연구가 계속되어야 한다.

• 한국산학기술학회논문지
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• 제15권5호
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• pp.2678-2688
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• 2014

본 연구의 목적은 아버지의 자녀가치, 양육신념, 양육참여가 영아의 발달특성에 어떠한 영향을 미치는지 살펴보고 변인들의 설명력을 알아보는데 있다. 연구대상은 2010년도에 출생한 영아 1,802명과 그의 아버지이며 이를 대상으로 한 육아 정책연구소 한국아동패널 3차년도 데이터를 사용하였다. 자료의 분석은 SPSS 18.0을 이용하여 상관분석, 다중회귀분석을 실시하였으며 연구결과는 다음과 같다. 아버지의 자녀가치는 영아의 문제해결능력, 소근육 활동에 영향을 미치고 영아의 대근육 활동에는 아버지의 변인들이 영향을 미치지 않았으며 영아의 의사소통, 개인-사회성에 영향을 미치는 독립변인은 아버지 양육참여로 나타났다.

• 유통과학연구
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• 제12권8호
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• pp.113-121
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• 2014

Purpose - Recently, the number of corporations that practice environmental and social responsibility, besides engaging in traditional profit-seeking activities, has been growing steadily, as interest in Corporate Social Responsibility (CSR) is increasing. Recent research on CSR practices has identified the relationship between CSR activities and corporate value as one of the main issues in this respect. Considering that donations constitute a large proportion of a company's charitable activities, we considered the extent of donation expenses as a charitable activity in order to mitigate sample selection bias. Specifically, we analyzed the impact of donation expenses on firm value, while investigating if this impact varied in response to the level of corporate governance of firms. Research design, data, and methodology - We used non-financial firms listed on the Korean Stock Exchange, having their fiscal year end in December, and the sample period was 2006-2013. For the dependent variable, Tobin's q was used as the corporate value, and for the independent variable, donations were measured as the donation-expense-to-sales ratio. Corporate governance scores, as rated by the Korea Corporate Governance Service, were used to measure corporate governance levels because they consider the overall aspects of governance, including ownership structure, the board of directors, and the audit mechanism of individual companies. To examine the impact of donations on a company in relation to the level of corporate governance, we estimated regression models using the interaction terms of the governance dummy and donation variables. Then, we further estimated the regression models of two sub-samples that were classified according to the level of corporate governance. Similar to previous studies, the study uses variables that affect firm value, such as R&D expenditure, advertising expenses, EBITDA, debt-to-equity ratio, sales growth, company age, and company size as control variables. Results - The empirical results show that firm value significantly increased in response to an increase in donation expenses. Upon including the interaction terms of governance level dummy variables and donations, the coefficients of the interaction terms show significant positive values, while those of donation variables show significant negative values. In the strong governance sub-sample, the relationship between the donation expenses and corporate value was statistically positive (+) and significant. However, in the weak governance sub-sample, the relationship between the donation expenses and corporate value was statistically insignificant and negative (-). Conclusions - The empirical results suggest that donation expenses are significantly linked to an enhanced corporate value if firms have a good corporate governance structure. However, if the corporate governance structure is weak, the same relationship is not necessarily observed. The results of this study show that if a firm has high corporate governance, CSR practices enhance the company's reputation such that it has a positive (+) relationship with corporate value. If a firm has weak corporate governance, on the other hand, CSR practices are recognized as an agency cost and do not increase corporate value.