• Title/Summary/Keyword: growth regime

Search Result 238, Processing Time 0.024 seconds

Income-led Growth and Legacy of the Korean Welfare Regime (소득주도성장과 한국 복지체제의 유산 : 분배와 성장의 선순환을 만들 수 있을까?)

  • Yoon, Hong-Sik
    • 한국사회정책
    • /
    • v.25 no.2
    • /
    • pp.243-280
    • /
    • 2018
  • This paper examines the discussion on the income-led growth known as the core economic strategy of Moon's administration in terms of Korean welfare regime. Although the income-led growth strategies have presented various issues, the income-led growth strategy seems to be a timely alternative discourse that emphasizes the demand side, considering supply-oriented growth strategies have caused long-term recession and deepening of inequality. It is important that the income-led growth strategy places social expenditures as an important growth engine for virtuous cycle of production and consumption. However, this paper has confirmed that simply raising wages and increasing social expenditure do not increase the aggregate demand and production. Moreover, empirical studies have shown that the inclusion of external sectors and liabilities into the analysis weakens the wage-led growth of the Korean economy. For this reason, this study concluded that the government's sophisticated policy intervention is necessary for the increase of real wages and social spending to be economic growth.

Initial Growth Mode and Nanostructure of Bulk Heterojunction Layers in Planar Type Metal Pthanlocyanine Molecules

  • Kim, Hyo-Jung;Kima, Ji-Whan;Lee, Hyun-Hwi;Lee, Byeon-Du;Kim, Jang-Joo
    • Proceedings of the Korean Vacuum Society Conference
    • /
    • 2012.08a
    • /
    • pp.162-162
    • /
    • 2012
  • ZnPc and CuPc molecules stacked similar way in the film, but showed different growth modes in thermal evaporation. The distribution of CuPc crystals did not change by the film thickness, whereas the distribution of ZnPc became random as the increase of the film thickness. The disc type nanograins of CuPc were quite regularly distributed at the initial growth regime and the regular distribution of nanograins was kept during the film growth. On the other hand, ZnPc consisted in ellipsoid shaped nanograins and the distribution of nanograins was not regular in the initial growth regime. The irregular distribution of nanograins changed to the regular mode at the later growth regime by showing structure factor in GISAXS measurement. The different initial nanograin distribution in ZnPc and CuPc was related to the different nanostructure in the mixed layer with C60 to form the bulk heterojunction.

  • PDF

Effect of Temperature Treatments on the Penetration and Disease Development in the Leaf Epidermis by the Rice Blast Fungus, Pyricularia oryzae Cavara II. Difference in Percent Penetration, Hyphal Growth and Lesion Formation by Pre­ and Postdisposing Temperatures (기온변동이 벼 도열병균의 엽신에의 침입과 발병에 미치는 영향 II. 접종전 및 접종시의 온도처리에 의한 침입$\cdot$균사신전$\cdot$병반형성 차이)

  • Kim Chang Kyu;Mogi Shizuo
    • Korean Journal Plant Pathology
    • /
    • v.1 no.2
    • /
    • pp.122-127
    • /
    • 1985
  • Three rice cultivars, Aichi-asahi, Toyotama and Yamabiko, possessing a resistance gene $Pi-\alpha$ were evaluated for penetration, hyphal growth in the leaf epidermis and lesion formation using 6 isolates of Pyricularia oryzae by treating pre- and post disposing temperatures of $23/15^{\circ}C\;and\;29/21^{\circ}C$ (day/night) regimes, respectively. Percent penetration of the fungus was higher on the seedlings disposed at $29/21^{\circ}C$ regime and more lesions were formed at 7 days after inoculation than at $23/15^{\circ}C$ regime. Degree of hyphal growth and number of host cells with hyphal growth were remarkably increased from 72 to 96 hr after inoculation at $29/21^{\circ}C$ regime. However, lesion formation on the seedlings disposed at $23/15^{\circ}C$ regime was delayed, possibly as a result of the suppressed hyphal growth until 96 hr after inoculation.

  • PDF

Korean Exchange Rate Regime Change and Its Impact on Inflation in Comparison to Japan and Australia (한국 환율제도의 변화가 국내물가상승에 미치는 영향: 일본 및 호주와의 비교분석)

  • Lee, Byung-Joo
    • KDI Journal of Economic Policy
    • /
    • v.28 no.1
    • /
    • pp.193-218
    • /
    • 2006
  • This paper examines the macroeconomic structural differences of the free floating exchange rate regime and the managed float exchange rate regime focusing on the Korean economy, and compares it to the two benchmark economies, Japan and Australia. Korea's shift to the free floating exchange rate regime from the managed float exchange rate regime came after the 1997 economic crisis. Korea's exchange rate policy provides a unique opportunity to study the different behaviors or roles, if any, of managed float and free floating exchange rate regimes. Based on a simple monetary model, we find that the exchange rates of Korea are more sensitive to the economic fundamentals under the free floating regime than under the managed float regime. Impulse response analysis shows that exchange rate pass-through into domestic variables, especially inflation rate, has a bigger short-term impact under the floating regime than under the managed regime. This finding is consistent with the view that the managed (or fixed) regime provides the domestic price stability necessary for the economic growth for the developing countries.

  • PDF

Double-Diffusive Convection Due to Heating from Below in a Rotating Cylindrical Cavity (회전하는 원통형밀폐용기내의 아랫면가열에 의한 이중확산대류에 관한 실험적 연구)

  • 강신형;이태홍;이진호
    • Transactions of the Korean Society of Mechanical Engineers
    • /
    • v.19 no.7
    • /
    • pp.1731-1740
    • /
    • 1995
  • Experimental investigations have been made to study the double-diffusive nature of convection of an initially stratified salt-water solution due to heating from below in a rotating cylindrical cavity. The objective is to examine the flow phenomena and the heat transfer characteristics according to the changes in temperature gradient, concentration gradient and rotating velocity of cavity. Thermal and solutal boundary conditions at side wall are adiabatic and impermeable, respectively. The top and bottom plate are maintained each at constant temperature and concentration. The cavity is put into a state of solid body rotation. Like the stationary case, the types of initially-formed flow pattern are classified into three regimes depending on the effective Rayleigh number and Taylor number; stagnant flow regime, single mixed-layer flow regime and successively formed multi-mixed layer flow regime. At the same effective Rayleigh number, the number of initially-formed mixed layer and its growth rate decrease as the effect of rotation increases. The temperature and concentration profiles are both uniform in each layer due to convective mixing in the layered-flow regime, but look both liner in stagnant flow regime and single mixed-layer flow regime. At the interface between adjacent layers, the temperature changes smoothly but the concentration changes rapidly.

Site suitability for conifer plantation and a new challenge to utilize deciduous trees

  • NAGASHIMA, Keiko
    • Proceedings of the Plant Resources Society of Korea Conference
    • /
    • 2018.10a
    • /
    • pp.24-24
    • /
    • 2018
  • Degraded plantation forests are increasing because of unfavorable forestry conditions prevailing in Japan, including falling timber prices, increasing operational costs, and aging and declining forestry workforce. To remedy this situation, appropriate management strategy is required. This study introduces the challenges of Odai Town, Mie Prefecture that employed a new management strategy by evaluating site suitability for conifer forests and that proposes a new forest management regime of planting deciduous trees in unsuitable sites. The site suitability for conifer forests was evaluated from two aspects: the natural site conditions and the relationship among site conditions, growth, and damage by Anaglyptus subfasciatus Pic. in Cryptomeria japonica D. Don and Chamaecyparis obtusa Sieb. Et Zucc. forests. By analyzing the relationship among site conditions, growth, and insect damage based on field data obtained in plantation forests, growth evaluation and insect damage evaluation maps were developed. Based on the natural forest investigation, natural site condition maps for C. japonica and C. obtusa were established. Furthermore, by integrating these evaluation maps with the forest road maps showing the accessibility to the forest, the forest management regime for the whole plantation area of Odai Town was established. The forest management regime map indicates the sites suitable for forestry: suitable for long-rotation, short-rotation, and potential sites for short-rotation. The sites unsuitable for forestry were considered to be more suitable for broadleaved forests. Clear-cutting was conducted in a small area and different seral stage saplings (approximately 20 deciduous tree species) suitable to the site conditions were planted in an area of $80-120m^2$ protected by deer-fences. This might establish a forest composed of many species with a multilayer vertical forest structure in a short period. The planted saplings were distributed neither randomly nor uniformly to reflect the natural distribution of trees in the forest. A challenge to develop new products using the deciduous trees has started, such as wood chips for preparing smoked food, essential oil, and deodorizer. As these challenges have just begun, their effects on enhancing sustainable resource management are still being monitored. Even with the challenges, this regime can be of high value as a management strategy to remedy the situation of expansion of degraded forests in Japan.

  • PDF

Growth Performances of Some Oak Seedlings according to Soil Moisture Regime and Fertilization (수분(水分) 및 시비처리(施肥處理)에 따른 참나무 실생묘(實生苗)의 생육반응(生育反應))

  • Kim, Chi Moon;Kwon, Ki Won;Moon, Heung Kyu;Park, Hong Joon
    • Korean Journal of Agricultural Science
    • /
    • v.11 no.2
    • /
    • pp.207-217
    • /
    • 1984
  • Seasonal growth performances or root collar diameter and seedling height of Quercus acutissima. Q. mongolica and Q. variabilis were measured at regular intervals of 10 or 15 days after the treatments of some combinations of soil water regime ${\times}$ fertilization. The treatments of soil water regime and fertilization Influenced on the growth performances of seedlings differently with one another in course of time lapse. The growth performances revealed highly significant differences between soil water regimes, between fertilizations and between their interactions after unlike time lapses by species. The effects of soil water regime were exhibited in retard compared with those of fertilization, and to be different outstandingly in the treatments of N or N+P+K fertilization. The limit of soil water potential influencing critically on the growth performances might be estimated to be in -3~-6 bar in all the species. The growth responses were significantly different between N or N+P+K treatment and P or K treatment or control in all the species, and the treatment effects represented more great differences in moist soil water regime than in dry soil water regime. The interactions of soil water regime ${\times}$ fertilization were revealed s lowly with time lapse in all the treatments. The statistical differences of growth responses of root collar diameter according to the treatments were observed in earlier stage compared with those of seedling height. By comparison of the growth responses of the species studied, Q. variabilis and Q. mongolica seemed to be more resistant to moisture stress than Q. acutissima.

  • PDF

Enumeration and Recovery of Bacterial Isolates from Ruminants Fed with Different Dietary Regimes and Their Antibacterial Activity

  • Pattnaik, P.;Grover, Sunita;Batish, V.K.
    • Asian-Australasian Journal of Animal Sciences
    • /
    • v.14 no.6
    • /
    • pp.811-815
    • /
    • 2001
  • The study evaluated different synthetic and semisynthetic media for maximal recovery of rumen bacteria and expression of their antibacterial activity. Rumen Glucose Cellobiose Agar (RGCA) medium was found to be the best for recovery of rumen bacteria. However, L-10 medium was the best for expression of antibacterial activity of ruminal isolates followed by Easy, M-10, RGCA and M-98-5 medium. The present study recommends the use of L-10 medium as the medium of choice for screening of antibacterial activity of ruminal isolates. Comparative evaluation of bacterial counts on different dietary regimes indicated significant difference between different growth media on a specific diet and between diets on specific growth media within a species. However, there is no overall significant difference between total bacterial counts obtained from rumen liquor of cattle and buffalo with respect to either the feeding regime or growth media. Feeding straw based diet to the animal is the best for high recovery of rumen bacteria.

Environmental Damage Theory Applicable to Kenya

  • ONYANGO, James;KIANO, Elvis;SAINA, Ernest
    • Asian Journal of Business Environment
    • /
    • v.11 no.1
    • /
    • pp.39-50
    • /
    • 2021
  • Purpose: This study seeks to establish the environmental damage theory applicable to Kenya. The analysis is based on annual data drawn from World Bank on carbon dioxide emissions (CO2e) and gross domestic product per capita (GDPPC) for Kenya spanning 1963 to 2017. Research Methodology: The study adopts explanatory research design and autoregressive distributed lag model for analysis. Results: The results revealed a coefficient of -0.017 for GDPPC and 0.004 for GDPPC squared indicating that economic growth has negative effect on CO2e in the initial stages of growth but positive effect in the high growth regime with the marginal effect being higher in the initial growth regime. The findings suggest a U-shaped relationship consistent with Brundtland Curve Hypothesis (BCH). Conclusions: The findings emphasize the need for sustainable development path that enables present generations to meet own needs without compromising the capacity of future generations to meet their own. Sustainable development may include, investment in renewable energies like wind, solar and adoption of energy efficient technologies in production and manufacturing. The study concludes that BCH is applicable to Kenya and that developing affordable and effective mechanisms to boost sustainable development implementation is necessary to decrease the anthropogenic impact in the environment without any attendant reduction in the economic growth.

Monetary Policy Transmission during Multiple Indicator Regime: A Case of India

  • SETHI, Madhvi;BABY, Saina;DAR, Vandita
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.6 no.3
    • /
    • pp.103-113
    • /
    • 2019
  • The effectiveness of monetary policy critically depends upon how well the transmission mechanism functions, so that the desired impact on output and inflation is achieved. The purpose of this paper is to study the transmission mechanism of monetary policy by analyzing the impact on inflation and output during multiple indicator regime (1998-99 to 2014) in an emerging economy-India. The Inflation Targeting Regime is also briefly outlined alongwith the impact on output and inflation. Using quarterly data for the period 1997 to 2017, the paper uses weighted average call money market rate as a proxy for the policy rate and evaluates the strength of the interest rate channel. We use a conventional Structural vector auto regression (SVAR) methodology to evaluate the efficacy and show the impluse response functions. Our results find that changes in the policy rate impact output growth steeply with a lag of about two quarters and the impact on inflation is maximized after three quarters. The study concludes that the monetary policy in India has a significant impact on output and inflation in the short-to-medium-run. After the policy shock, the fall in the output growth rate is of greater magnitude than the fall in inflation.