• Journal of Contemporary Eastern Asia
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• 제10권2호
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• pp.1-23
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• 2011

China's proposal of the CAFTA (China-ASEAN Free Trade Area) in 2001 prompted a great debate about whether China was a trade competitor of ASEAN, given their similarity in economic development levels and trade/export structures. That Beijing shifted its focus on economic cooperation from the international level to the regional level led to its proposal of the CAFTA. As the Framework Agreement (Framework Agreement on Comprehensive Economic Cooperation between China and ASEAN) showed, Beijing's careful consideration for four newer ASEAN members (Cambodia, Laos, Myanmar and Vietnam) intended not only to help all ASEAN members develop economically, but also to narrow the economic gap existing between them and the six old ASEAN members; in return, China was recognized as a full market economy, which it is not currently recognized within the framework of the WTO. The substantial rise in bilateral trade and the structural changes of the trade in goods between China and ASEAN member nations after 2001 proves that ASEAN benefited more from the CAFTA, particularly when the areas where ASEAN had the comparative advantages were designated as the priority cooperation areas between China and ASEAN. In sum, similarities existing in economic development levels and industrial structures between China and ASEAN made them natural economic competitors. However, closer studies of trade in goods of S1-7, S1-6 and S1-0 reveal that China acted as an increasingly complementary trade partner of ASEAN after 2001.

• KDI Journal of Economic Policy
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• 제45권1호
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• pp.1-32
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• 2023

Growth of the Korean economy has been sluggish, and this situation is more pronounced in the service sector. We argue that capital misallocation, especially in the service sector, could contribute to this slowdown. Utilizing firm and sectoral level data, first we assess the rising dispersion of the marginal revenue product of capital (MRPK) driven by the service sector. This could represent a widening misallocation of capital. Furthermore, a panel regression shows that within-sector misallocations at the sectoral level are closely correlated with the lower growth rate of sectoral real value added. Again, this is mainly observed in the service sector, but not in the manufacturing sector. Misallocations of other resources, labor and the intermediate inputs do not stand out.

• International Journal of Computer Science & Network Security
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• 제21권12호
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• pp.309-315
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• 2021

The purpose of the article is to analyze the functioning of economic systems in the context of the development of their potential in a circular economy. It is determined that the functioning of economic systems to ensure their sustainability should meet modern challenges and provide for the formation of competitive institutional architecture, the introduction of structural and regulatory innovations, the transition to an innovative model of development. The specific principles of functioning of economic systems include openness, nonlinearity, multivectority, dynamism, emergence, uncertainty about the development of economic processes. It is substantiated that the linear nature of development and equilibrium are not dominant in the functioning of economic systems, and increasing the level of economic efficiency should go hand in hand with minimizing the activities of enterprises, which necessitates the use of circular economy. The main prerequisites for the transition to a circular economy are analyzed. It is determined that the basic concept of the circular economy involves the development of a system of production and consumption, which is based on processing, reuse, repair, product sharing, change of consumption patterns and new business models and systems. The main elements of the circular economy include: a closed cycle, the use of renewable energy sources, systems thinking. The correlation of the principles of sustainable development and the peculiarities of the application of the circular economy is analyzed. It is determined that the circular economy contrasts with the traditional linear economic model, which is based on the model of "take-do-consume-throw away". The advantages and disadvantages due to the use of the principles of circular economy are given. Based on the study, steps are identified to accelerate the transition from a linear economy to a circular economy.

• The Journal of Asian Finance, Economics and Business
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• 제8권4호
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• pp.93-104
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• 2021

In recent years, there has been a substantial theoretical and empirical study on the role that financial market development has significantly played in promoting economic growth and development in the world. The development of an economy requires the financial industry to be developed. In the context of rapid economic development, global warming has become a serious problem with issues such as rising average temperatures, climate change, rising sea level, and increasing carbon dioxide emissions. This study aims to examine the influence of economic growth, financial development, transportation capacity, and environmental degradation. Using time-series data from 1986 to 2019 and environmental degradation being measured by CO2 emissions, the study employs a quantity of ample unit root tests, the structural break unit root tests, Autoregressive Distributed Lag (ARDL), and cointegration bounds test. The results show that there is a significant long-term cointegration among study variables. Empirical findings also indicate that an increase in per capita GDP and financial development worsens environmental quality whereas transportation capacity and foreign investment can improve environmental quality.

• The Journal of Asian Finance, Economics and Business
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• 제2권1호
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• pp.23-28
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• 2015

Today, in the course of globalization and crisis, the world needs the new ideas, new variants and ways of development of civilizations. Due to this, the author has developed and introduced own research (know-how) without world's analogue. The main purpose of this research is to transfer Turkestan in the spiritual center (mega polis) of the international level. For the first time in history, as an example of one region, two large cardinal problems had been connected, i.e. on the one hand spiritual and cultural development of the society, on the other hand new 6th technological way to show to the world opportunity of Kazakhstan new model of spiritual-innovative development. After realization of this research the status of Kazakhstan will strengthen at international level. This workout is devoted to all people, especially to the youth - as future of our country.

• 디지털융복합연구
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• 제15권2호
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• pp.393-403
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• 2017

본 연구에서는 예비유아교사의 경제적 수준과 자아존중감 및 교수효능감의 상관관계를 살펴보고, 경제적 수준과 교수효능감의 관계에서 자아존중감의 매개효과에 대해 알아보고자 하였다. 연구대상은 인천시에 소재한 2개 대학의 유아교육과 학생 457명이며 수집된 자료는 SPSS 통계 프로그램을 사용하여 적률상관분석과 중다회귀분석을 실시하였다. 연구결과 주요변수들 간에 모두 정적상관이 있었으며 경제적 수준과 개인적 교수효능감의 관계에서 자아존중감의 매개효과가 나타났다. 연구결과, 주요변수들 간에 모두 정적상관이 있었으며 경제적 수준과 개인적 교수효능감의 관계에서 자아존중감의 매개효과가 나타났다. 경제적 수준과 일반적 교수효능감의 관계에서는 자아존중감의 매개효과가 나타나지 않았다. 본 연구를 통해 예비유아교사의 자아존중감과 교수효능감에 대한 경제적 수준의 영향력을 파악하고 이를 고려하여 예비유아교사의 교수효능감 신장을 위한 교육과정의 개발과 지도가 필요함을 시사하고 있다.

• 한국경제지리학회지
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• 제9권3호
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• pp.410-430
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• 2006

외부 경제 환경의 변화에 따라 지역 또는 기업이 재편되는 과정에서 지리 경제적 유산은 기업전략에 제약 또는 자산으로 활용될 수 있다. 이에 대한 이론적 성찰을 통해 지역의 자산이 기업전략 및 지역발전에 미치는 효과를 유형화하고, 안산 기업의 전략들을 분석하였다. 이러한 분석결과를 바탕으로 향후 가능한 몇 가지 인산의 지역발전경로를 제시하고 이를 비판적으로 논의하였다.

• Asian Journal of Innovation and Policy
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• 제6권1호
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• pp.94-110
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• 2017

This paper approaches knowledge capital as social infrastructure and analyzes its impact on economic growth. To this end, we constructed a panel dataset for 120 countries for the years 2000-2014 and estimated the economic growth function using the panel analysis. As proxies for knowledge capital, we used the R&D expenditure per capita and the number of patent applications per thousand people in each country, both measured in stock. Economic growth was measured in terms of real GDP per capita and real value added per capita at the industry level. The empirical findings demonstrate that knowledge capital accumulated in a society significantly promotes economic growth. Especially R&D stock increases real value added per capita in all industries-not only manufacturing, but also services and agriculture-implying substantial inter-industry spillover effects. The findings of this study suggest that knowledge capital boosts economic growth as core social infrastructure.

• 한국경제지리학회지
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• 제8권2호
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• pp.285-299
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• 2005

1978년 말 시작된 중국의 경제개혁은 시간이 지남에 따라 그 속도와 깊이가 심화되고 있으며, 특히 최근에 진행되고 있는 사영기업의 성장이 갖는 의미는 경제적으로나 정치적으로 매우 중요하지만, 공간적으로도 그 발전의 차별성으로 인해 특정지역의 발전과 지역불균등 성장패턴에 미치는 영향이 심대하다. 본 연구는 사영기업의 발전경로를 규정해 온 제도적 변화와 함께 사영기업 성장의 지역구조를 이해하고자하였다. 사영기업의 성장 이면에는 경제개혁의 근본접근양식이 시장화전략과 경제개혁이 진행됨에 따라 나타나는 실업의 문제해결이라는 중요한 동기가 자리 잡고 있다. 사영기업 발전의 지역패턴 또한 지속적으로 심화되는 공간적 차별화에 의해 특징 지워진다. 지역통계자료에 기초한 일차적인 분석결과, 사영기업의 발전은 지역경제의 시장화정도와 밀접한 관련성을 보이게 된다. 따라서 향후 경제발전의 지역적 패턴특정은 경제 개혁의 진전과 시장화 수준에 따라 결정될 것으로 생각되며, 이는 향후 지역발전을 위한 전략 수립에서 사영기업 발전전략이 차지하는 중요성을 뚜렷히 보여준다.

• 분석과 대안
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• 제3권1호
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• pp.5-28
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• 2019

This study suggests that Korea - Russia economic cooperation, which has been sluggish in the meantime, should be revitalized as a small, medium sized business that can be practiced at the local level of both countries. Some large scales of national projects were difficult to realize due to some internal and external factors. Therefore, if Russia's Far East region of the complementary economic structure with the Korea's Gyeonggi Province of Korea could form the basis of cooperation by centering on SMEs, it further can be positive for promoting cooperation among South Korea, North Korea and Russia. The trilateral cooperation among two Koreas and Russia is necessary for the balance of political and economic powers in the East Asia. China's retaliation case regarding THAAD (Terminal High Altitude Area Defense) clearly showed that the greater the economic dependence on a particular country, the more threatening it could be. Therefore, it is important for the political and economic security to keep the balance by diversifying economic cooperation counterparts. As China's influence in the global economy grows, building value chains for mutual prosperity with various neighboring countries is gaining great importance. To this end, this paper examined Russia's Eurasian Strategy, New East Policy, and Far East Development Policy which were designed to seek the way to establish Russia's independent economic zone not absorbed by Europe and China.