• Title/Summary/Keyword: level of economic development

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Personal Economic Indicator and Its Distribution on Household Consumption Level

  • PRILMAYANTI, Sri;HASANUDDIN, Basri;Fatmawati;DWIANA SARI.S, Nur
    • Journal of Distribution Science
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    • v.20 no.4
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    • pp.1-7
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    • 2022
  • Economic progress has changed views of people in interpreting welfare and this affects the level of household consumption expenditure. An analysis of this issue is important to do so that the community may encourage the utilization and distribution of community welfare to be wiser and balanced in order to achieve the properness and appropriateness of welfare programs management with the development goals. Purpose: This study aims to analyze the impact of personal income, experience on lifestyle, and its distribution to household consumption of Makassar City Industrial workers. Research Design, Data, and Methodology: Data collection in this study was carried out by distributing questionnaires to 100 respondents in Makassar City, South Sulawesi. Partial Least Square (PLS) analysis was used as data analysis. Result: This study indicated income has a positive and significant effect on lifestyle, while experience has no significant effect on lifestyle, and family member has a positive and significant effect on lifestyle. This study also indicated that lifestyle has a significant effect on Household Consumption. Conclusion: Consumption patterns are influenced by many factors, so people need to be wise in regulating consumption patterns and managing the distribution of their economic resources in order to achieve balance of economic in family.

A Study on Prioritization of Regional Development Strategies According to Industrial Varieties and Innovation Competency (산업 다양성과 혁신역량에 따른 지역 발전전략의 우선순위 설정에 관한 연구)

  • Han, Jaepil
    • Journal of the Economic Geographical Society of Korea
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    • v.25 no.3
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    • pp.357-379
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    • 2022
  • This study diagnoses the industrial varieties and innovation capacity of the Korean regional economy and discusses how the priority for autonomous regional development can be set. Since the late 1990s, regional development policies in Korea have been attempted from various angles to reduce the economic gap between the metropolitan area and non-metropolitan areas, but the establishment of a development strategy in consideration of regional industrial characteristics and innovation capabilities has been insufficient. With the advancement and diversification of technologies and industries, regions must seek strategic diversification to prepare for economic shocks, away from strategies that specialize in specific industries. In this study, industrial varieties in regional basis is characterized using unrelated and related varieties. Variety indices show different patterns between the metropolitan area and non-metropolitan areas and between manufacturing and service sectors, which raises the need to consider industrial characteristics in regional development. Lastly, using the variety index and the innovation capacity index as two dimensions, the regional economic status at the municipal level is categorized into four types, and proper regional development policy priorities are suggested for each type.

Population Aging in Korea: Importance of Elderly Workers

  • JAEJOON LEE
    • KDI Journal of Economic Policy
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    • v.45 no.2
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    • pp.51-69
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    • 2023
  • Korea's population is aging at a faster pace than any other major country, and the adverse impact of this trend on the economy is predicted to be significant. This paper focuses on the macroeconomic effects of population aging with particular attention paid to the pace of aging in Korea. According to our analysis, it is difficult to offset the decline in the labor supply driven by rapid population aging, even if the labor force participation rate of the working-age population rises to a significantly high level. We suggest a re-orientation of policy directions to correspond to the behavioral changes of economic agents. Policies must focus on promoting labor force participation among the elderly while pushing towards human capital advancement and higher productivity.

An Empirical Study on the Impact of Trade Facilitation on China's Export Trade

  • ZHAO, Xinyu;ZHANG, Fan
    • The Journal of Industrial Distribution & Business
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    • v.11 no.9
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    • pp.7-16
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    • 2020
  • Purpose: Many studies show that promoting the development of trade facilitation has a positive role in stimulating the country's foreign trade. Therefore, it is of great practical significance to study the development level of trade facilitation for China's export trade. Research design, data and methodology:This study analyzes the growth trend of China's export trade volume in 2009-2019, the characteristics of China's export trade market according to the top 18 major exporting countries in 2017-2018, the structure of export commodities to understand China's economic development level, and compares the total amount of trade exported to all uses this to measure the level of trade development. On this basis, this paper selects the 2011-2018 Trade Facilitation Index and C continents to study the development trend. Based on the theory of trade facilitation, this paper constructs the Trade Facilitation Index, and hina's export trade volume for empirical research. Results: The results show that trade facilitation has a positive and significant impact on the development of China's export trade. Conclusions: Based on the analysis of the actual situations and empirical results, this paper puts forward some suggestions to promote the level of trade facilitation in order to promote the development of import and export trade.

외국어 원문 및 영문 초록

  • 한국환경교육학회
    • Hwankyungkyoyuk
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    • v.4 no.1
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    • pp.89-211
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    • 1993
  • The Korean government embarked upon ambitious economic development plans in the 1960's the goals of development policy at that time were the elimination of absolute poverty and the alleviation of unemployment. With scant natural resources, the government had to push for industrialization based upon borrowed foreign raw materials with surplus local labor. Preoccupation with the economic goals of industrialization and export expansion left little room for considering environmental protection. It is evident that Korea's exported industrialization strategy of the past three decades has been a success in terms of income, production, and other macroeconomic indicators, but it cannot be denied that a host of undesirable side-effects have been created. These include environmental problems. congestion in several large cities, poor wealth distribution, and regional disparities. The environmental problems were recognized even in the early stage of development, but preoccupation with the pending economic goals of industrialization and export expansion left little room for considering environment protection. The perceived and actual seriousness of the problems, however, has reached such a level that further negligence may imperil political stability and developmental problems facing the world arise from a world economic order characterized by ever expanding consumption and production, which exhausts and contaminates natural resources and creates and perpetuates gross inequalities between and within nations. It will be necessary to develop new culture and ethical values, transform economic structures, and reorient, our lifestyles. Changing lifestyles can not be promoted by government policy initiative alone but through self=generated educational efforts and mutual training by people themselves. The citizens group for environment (NGOs) should assume these educational and training responsibilities starting from grass-root level of people. It must be reawakened to the reality that the environmental preservation for better quality of life is based on the development of human relationships, creativity, spirituality, reverance for the natural world and celebration of life, and is not dependent upon increased consumption of non-basic material goods. To carry on such environment education social movements and NGOs should (1) provides educational methodologies, which focus on values clarification and moving beyond clarification and moving beyond blame to constructive action. (2) provide training for leaders of business and industry, government, union and others on consumption and production. (3) initiate and support the training and work of environmental counselor who encourage responsible consumption. (4) cooperative with media to initiate and strengthen educational programs on the social environmental programs on the social environmental impacts of consumption and production and to build awareness of consumer responsibility and potential. Economic and social development can be compatible with environment protection : both can be achieved simultaneously. Effective environmental management depends on the various factors : political will, institutional arrangements, appropriate legislation, and availability of the requistite financial and technological resources, which is possible with a strong public awareness of the importance of environmental preservation.

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Construction Industry Maturity Model

  • Kwon, Byung-ki;Lee, Hyun-soo;Park, Moonseo;Lee, Kwang-Pyo;Kim, Soo-young
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.445-449
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    • 2015
  • Construction industry is one of the most significant sector in national economic, but the portion of construction has been falling regularly with the regional development. In spite of decrease in economic portion, role of construction industry does not changed irrespective of development, as the foundation of development. To distinguish each state of the maturity, countries are grouped on GDP per capita, than compared with variance of GVA in construction and GFCF per GDP as level of construction industry. GVAc% and GFCF% shows corn-shaped plotting in increase of GDP per capita, and each value converge to around 20% and 5% as GDP per capita increase. The definition of maturity is consist of 4 stages; pre-developing, ascending, stabilization, and maturement. Maturity of construction industry is a term of broad sense of construction industry that is easily to figure current state of regional construction and shows what normal condition of construction is in regional economy.

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RESEARCH ON MANAGEMENT AND ECONOMIC IN ALTERNATIVE AGRICULTURE IN THE UNITED STATES OF AMERICA (미국 대체농업의 경영 및 경제적인 연구)

  • 김종무
    • Korean Journal of Organic Agriculture
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    • v.2 no.1
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    • pp.16-23
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    • 1993
  • The traditional farming method has very long history in the process of agricultural development. The application of chemical fertilizers production became most popular to increase quantities of agricultural production. The United States of America is one of largest countries in the world. There are at present 50 States and farming conditions are very different from each individual States. There are increasing trend of agricultural production by applying chemical fertilizers as well as sprays during last 50 years(1940-90). The disadvantages of conventional farming method were to destroy nature and human life. There were some other kinds of disadvantages such as nitriated contamination in drinking water both for human being and animals. The alternative farming method is one of new farming method reducing and/of non-application of chemical fertilizers and sprays in agricultural production. There is less economic research on alternative farming system about $5.444 economic advatages in organic farms comparing commercial farms at the same area. There are advantage of higher unit price level in orgnic products, decreasing chemical costs as well as effect of crop combinations. It is certainly necessary to have more empirical research on economic and management of alternative farming method in the United States of America. However, if there is economic advantage in alternative farming methods, the future development possibility of alternative farming method can be very bright in vear future. There might be more advantages such as soil conservation, better quality of agricultural products, better health conditions of farmer's and consumer's as well as keeping healthy environment of rural and urban areas.

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An Empirical Study of Foreign Direct Investment and Economic Growth in Developing Countries (외국인직접투자가 개발도상국의 경제성장에 미치는 영향)

  • Jeong, Dong-Won;Han, Jong-Ho;Lim, Chea-Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.5
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    • pp.2732-2742
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    • 2014
  • For the past decades, role of foreign direct investment has increased. Specially, East Asia and BRICs has experienced rapidly economic growth by FDI. Nevertheless, most of developing countries suffer from poverty. This paper empirically explores the impacts of FDI on economic output using a cross-country analysis based on data from 88 developing countries for the years 1990-2011. To this end, FDI is explicitly included in production function as production factor. Cross-country regression of income level is estimated with the country's human development, population growth, physical accumulation, and FDI as explanatory variables. Main finding of this paper is that FDI has a positive and significant impact on economic growth.

A Study on the Effectiveness of the Corporate Social Contribution Activities in the Local Community: Focusing on the Local People (기업 사회공헌활동의 지역사회 참여수준에 따른 지역사회발전 효과성 분석 -지역주민을 중심으로-)

  • Kim, Jae-Hyun;Lee, Mi-Hong;Lee, Hyo-Jung;Chang, Chu-Youn
    • Journal of the Economic Geographical Society of Korea
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    • v.15 no.2
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    • pp.258-273
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    • 2012
  • The purpose of this study is to analyze the effectiveness of the community development by the community involvement level of the corporate social contribution activities. This study classified Korean company's best social contribution activities according to the community involvement level and the effectiveness of the community development was analyzed on selected case activities. As a result, corporations that working on high level of community involvement show positive effectiveness of community development. Networking and communication with local people on the corporate social contribution activities have an effect on the community development of the economy, safety, convenience, comfortability, socio-cultural factor. It is necessary for the participation and communication with local people to develop corporate social contribution consistently. Furthermore, intermediary organization is needed to be set up various networks of stakeholders, especially community.

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Reviewing of Integrated Assessment of the Impacts of Climate Change and Sea-Level Rise on Agricultural Sector (기후변화·해수면 상승에 따른 농업부문 통합평가 사례연구 비교분석 및 개선방안)

  • Ahn, SoEun;Oh, SeoYun
    • Journal of Climate Change Research
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    • v.7 no.3
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    • pp.299-314
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    • 2016
  • The aim of this paper is to review integrated assessment studies conducted to address the impacts of climate change sea-level rise on agricultural sector and to derive suggestions for improving the integrated assessment process to assist decision-makers in establishing climate change adaptation policy. We collect integrated assessment studies which are based on the impact-pathway analysis, compare their step-by-step procedures and identify main factors addressed in each step. The assessment process is typically carried out in the sequence of scenario development, determination of assessment scope, physical impact assessment, economic analysis and synthesis of the outcomes from each step. We identify two types of integrated assessment. The first one examines the impacts of changes in temperature and/or precipitation on the crop-cultivation patterns and/or agricultural productivity and resulting economic effects on agricultural sector. The other investigates the impacts of sea-level rise on land use/coverage and resulting economic damages in terms of land-value loss where the effects on agriculture is treated as one sector among others. To enhance integrated assessment, we suggest that 1) scenarios need to incorporate the effects of climate change and sea-level rise simultaneously, 2) scope of the assessment needs to be extended to include ecosystem services as well as crop production, 3) social and cultural aspects need to be considered in addition to economic analysis, and 4) synthesis of the outcomes from each step should be able to combine quantitative as well as qualitative information.