• Title/Summary/Keyword: per capita

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Inclusive Growth and Innovation: A Dynamic Simultaneous Equations Model on a Panel of Countries

  • Bresson, Georges;Etienne, Jean-Michel;Mohnen, Pierre
    • STI Policy Review
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    • v.6 no.1
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    • pp.1-23
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    • 2015
  • Based on the work of Anand et al. (2013) we measure inclusive income growth, which combines growth in gross domestic product (GDP) per capita and growth in the equity of the income distribution. Extending the work of Causa et al. (2014), we estimate a dynamic simultaneous structural equations model of GDP per capita and inclusive income on panel data for 63 countries over the 1990-2013 period. We estimate both equations in error correction form by difference GMM (generalized method of moments). Among the explanatory variables of the level and the distribution of GDP per capita we include R&D (research and development) expenditure per capita. In OECD countries we obtain a large positive effect of R&D on GDP. R&D is found to have a positive effect on the social mobility index but its impact on the income equity index at first decreases, then switches around to become slightly positive in the long run. In non- OECD countries, R&D is found to decrease inclusive income, mostly through a negative growth effect but also because of a slightly increasing income inequity effect.

The Subjective Financial Well-Being Among Urban Households Based on a System's Approach (체계론적 관점에서 본 가정의 주관적 재정복지에 관한 연구)

  • 김연정;김순미
    • Journal of Families and Better Life
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    • v.9 no.2
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    • pp.103-117
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    • 1991
  • The purpose of this study was to investigate causal relations of resources and demands, family financial management and subjective financial wee-being among urban households by applying a system's approach. The data were collected through the questionnaire whose respondent were 455 housewives in Seoul. The data were analyzed by various statistical methods such as Frequency. Percentile, ANOVA , F-test, T-test, Pearson's correlation analysis, Multiple Regression Analysis. Path Analysis. The results of this research were as follows. 1) The level of subjective financial wee-being among urban households exceeded the middle level. It had significant differences according to resource variables such as age of housewife. education level of housewife, housewife's occupation, househead's occupation. per capita income, debt/net asset ratio, and according to demand variables such as aspiration, expectancy, perception of financial progress, relative deprivation. 2) The level of subjective financial well-being among urban households according to level of family financial management capability has significant differences. Therefore, the higher family financial management capability, the higher level of subjective financial well-being. 3) Among all variables affecting the subjective financial well-being among urban households. aspiration had the highest relative influence on the subjective financial well-being and per capita income, occupation of househead and family financial management variables were in this order. 4) Among all variables affecting the subjective financial well-being among urban households aspiration, occupation of househead, per capita income and finacial management variables had direct effect on subjective financial well-being . Besides housewife's education level, aspiration and per capita income had indirect effect on it through family financial management.

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The Relationship Between Urbanization, Education, and GDP Per Capita in Indonesia

  • HARYANTO, Tri;ERLANDO, Angga;UTOMO, Yoga
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.561-572
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    • 2021
  • This study aims to analyze the causality between GDP per capita, urbanization, and education. This also aims to determine the long-term and short-term relationships between economic urbanization, education, and GDP per capita by applying Vector Error Correction Model (VECM). Data was obtained from the World Bank and UNDP from 1990 to 2018. The estimation results showed that economic growth and education on urbanization have the strongest causality in VECM. Therefore, they are pull factors with a significant effect in the long and the short term. Some suggestions concerning policy implications were stated, and they include: forming area-based urbanization, where cities within one area are integrated, to get the impact of an agglomeration economy. Also, the government needs to accelerate the distribution of infrastructure and public facilities in various regions to avoid population density in one area due to urbanization, and government needs to pay attention to easier access to education and more equitable ones in various regions. On the contrary, after education is evenly distributed in all regions, the government needs to pay attention to transportation access and infrastructure.

The Impact of Information and Communication Technology (ICT) on Regional Economy in Indonesia 2012-2018

  • DEWI, Dyah Makutaning;WULANSARI, Ika Yuni
    • Asian Journal of Business Environment
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    • v.11 no.3
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    • pp.21-32
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    • 2021
  • Purpose: Research aims to analyze the influence of ICT on regional economic growth in Indonesia Provinces are grouped using Klassen's typology, which divides four quadrants based on economic growth and GRDP per capita. Considering similarity characteristics, four typology categories are finally simplified into two named categories: the "rapidly developed and growing" region and the "relatively lagged" region. Research design, data and methodology: The study uses panel data of 33 provinces in Indonesia from 2012 to 2018. It employs panel regression analysis to determine the impact of ICT on the regional economic growth of both regions. Results: The study reveals the percentage of households that own computer and the percentage of households who have accessed the internet in the last three months have a positive and significant influence on the GRDP per capita in the "relatively lagged" region. Meanwhile, mean years of schooling has a positive and significant impact on both regions. Conclusions: In the "rapidly developed and growing" region, only mean years of schooling has a positive and significant effect on GRDP per capita, whilst in the "relatively lagged" region, percentage of households that own computer, percentage of households who have accessed the internet in the last three months, and mean years of schooling have a positive and significant impact on GRDP per capita in Indonesia.

The Relationship Between Income Inequality and Energy Consumption: A Pareto Optimal Approach

  • NAR, Mehmet
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.613-624
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    • 2021
  • This paper analyzes the relationship between income distribution and energy consumption from a Pareto optimal approach. For this purpose, the causality relationship between electricity consumption per capita (kWh) with respect to country groups and energy consumption per capita (kg of oil equivalent) along with gross domestic product per capita was analyzed. In addition to this purpose, a Pareto analysis was conducted to determine the countries with the highest per capita national income, how much of the world total energy they consume, and whether the law of power in the energy and electricity markets exists. Finally, the impact of official development assistance provided to low-income countries by high-income countries on the low-income countries' electricity and energy consumption was analyzed. In other words, it was questioned whether pareto redistribution policies serve the purpose or not. The Engle-Granger causality approach was used in the analysis of the causality relationship between variables. Our analysis indicated that, first, the energy data of the country groups may be inadequate in revealing income inequalities. Second, the existence of Pareto law of power and global income inequality can be explained based on energy data. Finally, Pareto optimal redistribution policies to eliminate income inequality remain inadequate in practice.

Regional Development Attractiveness Measurement Considering the Comprehensive Air Quality Index (통합대기환경지수를 고려한 지역개발 매력도 측정)

  • Lee, Byung-Hark;Jung, Nam-Su
    • Journal of Korean Society of Rural Planning
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    • v.28 no.4
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    • pp.11-18
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    • 2022
  • Recently, the relevance of the Air Quality Index considering major factors related to the air environment and the local economy and community was analyzed in abraod. In Korea, a comprehensive air-quality index has been proposed. In this study, the comprehensive air-quality index and the index that can integrate Gross Domestic Product per capita were summarized as regional attractiveness. As a result of the analysis, Ulsan, Chungnam, Seoul, Chungbuk, and Jeonnam had the highest Gross domestic product per capita, and Jeju, Gyeongnam, and Gyeongbuk had the best Comprehensive air-quality index, and Ulsan had the highest attractiveness. As a result of the correlation analysis, it was found that there was no correlation between the two variables, Gross domestic product per capita and Comprehensive air-quality index, because various factors such as topographical characteristics, hazardous substances, and local government's efforts were not taken into account. As a result of sensitivity analysis, Ulsan had the highest sensitivity and variance for Gross domestic product per capita and Comprehensive air-quality index. As for the relative ratio of attractiveness between regions, Ulsan's attractiveness was 2.95 times that of Daegu's, indicating a large difference between regions.

Estimation of Dietary Choline Intake of Korean by Gender, Age and Region (한국인의 성별, 연령별, 지역별 콜린 섭취 추정량)

  • Jeone Han Ok;Kim Cho-il;Lee Haene Shin;Chune Young-Jin
    • Journal of Nutrition and Health
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    • v.38 no.4
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    • pp.320-326
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    • 2005
  • This study was conducted to estimate dietary choline intake of Koreans according to gender, age and region by using the data on per capita food intake in 1998 and 2001 and the data on choline contents of foods customarily eaten by Koreans. Sixty-four and 97 kinds of food items were used for the estimation of choline intake in 1998 and 2001, respectively. And these corresponded to approximately $90\%$ of the total amount of food intake and energy intake. Based on these food items and choline content, per capita choline intake of Koreans was estimated to be 623.0 mg and 602.4 mg in 1998 and 2001 respectively , 687.2 mg and 659.1 mg in 1998 and 2001 for male, 560.2 mg and 551.0 mg in 1998 and 2001 for female. While the number of foods considered in estimation was higher in 2001 than 1998, choline intake was lower in 2001. The estimated per capita choline intake of male population was higher than that of female population by 108-127 mg, possibly due to the difference in total amount of food intake. The age group with the highest choline intake was different between 2 time points. Although adolescents of 13- 19 years showed the highest intake (712.0 mg) in 1998, mid-aged adults of 30-49 years showed the highest choline intake (662.2 mg) followed by adolescents (645.7 mg) in 2001. In regional comparison, choline intake of the rural population (588.7 mg and 588.3 mg in 1998 and 2001 respectively) was lower than that of population in small to medium-size cities (625.1 mg and 603.9 mg) or in metropolitan cities (637.7 mg and 602.8 mg). This result revealed that per capita choline intake of the Korean population falls within the adequate range with some differences by age, sex and residing area.

Empirical Analysis of the Effect of EU ETS on the CO2 Emission (유럽공동체 배출권거래제 도입 효과에 대한 실증분석)

  • Kim, Hyun;Lee, Gwanghoon
    • Environmental and Resource Economics Review
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    • v.19 no.4
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    • pp.875-896
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    • 2010
  • Using the difference in differences (DID) estimation method, this paper analyzes the effect of European Union's Emission Trading Scheme (EU ETS) on the reduction of per capita $CO_2$ emission among the twenty five participating countries. For this, the panel dataset of forty two European countries for the period 1990~2007 is constructed. Special attention is paid to the bias of the standard errors in the DID estimation due to the presence of serial correlation in the error terms. The results shows quite a robust effect of EU ETS on the reduction of per capita $CO_2$ emission among the participating countries regardless of the calculation methods of standard errors. The results also shows that the increased implicit tax rate on energy has a robust effect on the reduction of per capita $CO_2$ emission. On the contrary, the estimation results regarding the effects of per capita GDP and population density on the per capita $CO_2$ emission seem inconsistent. In particular, the environmental Kuznets curve is not statistically supported with the use of robust standard errors.

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The Test of Stochastic Convergence of Environment Emission and Environmental Kuznets Curve Hypothesis in Asian Developing Countries (아시아 국가들 환경오염배출량의 확률수렴성과 환경쿠즈네츠곡선가설 검정)

  • Kim, Ji Uk
    • Environmental and Resource Economics Review
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    • v.19 no.3
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    • pp.571-595
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    • 2010
  • This research applies an panel data stationarity and stochastic convergence test developed by Carrion-i-Silvestre et al. (2005), which has the advantage of considering multiple structural breaks and the presence of cross-section dependence in order to investigate the hypothesis that relative emission $CO_2$ per capita stochastically converge for 11 Asian countries from 1971~2007. We find that relative emission $CO_2$ per capita is stationary after the structural breaks and cross-section dependence are introduced into the model. We also investigate whether Environmental Kuznets Curve (EKC) hypothesis exists in 11 Asian countries. For EKC test, using the panel cointegration tests of Banerjee and Carrion-i-Silvestre (2006) and Westerlund and Edgerton(2007), we find that relative emission $CO_2$ per capita and relative GDP per capita are cointegrated. However EKC hypothesis in 11 Asian countries is not supported.

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Random Coefficient Models for Environmental Kuznets Curve Hypothesis in Seoul Metropolitan Region (확률계수모형을 이용한 수도권지역의 환경쿠즈네츠가설에 관한 재고찰)

  • Kim, Ji Uk
    • Environmental and Resource Economics Review
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    • v.11 no.3
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    • pp.377-396
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    • 2002
  • This paper investigates whether an inverted U relationship between pollution and economic development could be found in the Seoul metropolitan region using a panel data for the period of 1985~1999. We uses a model with a more flexible random coefficients specification which allows for a greater degree of regional heterogeneity. The emissions of sulfur dioxidetotal($SO_2$), suspended particulates(TSP), nitrogen dioxide($NO_2$), and carbon monoxide(CO) were selected as four major pollutants. We found that the emissions of these pollutants per capita except sulfur dioxidetotal exhibited inverted U shapes with per capita gross regional domestic product (GRDP). We also noted that the turning points for Seoul metropolitan region occured at a range of incomes, from $3,000 to $5,000 per capita.

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