• Title/Summary/Keyword: sectoral research

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Sectoral Price Divergence between Korea and Japan

  • Moon, Seongman
    • East Asian Economic Review
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    • v.20 no.4
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    • pp.493-517
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    • 2016
  • This paper examines the persistent properties of 12 sectoral relative prices between Korea and Japan obtained following the Classification of Individual Consumption according to Purpose (COICOP) over the period of 1985-2016. Applying a new econometric method developed by Pesaran which controls for the cross-section dependence in a panel, we are not able to reject the hypothesis that the sectoral real exchange rates contain a common stochastic trend. On the other hand, the well-known panel unit root tests such as the IPS and LLC tests widely used by previous studies strongly reject the unit root hypothesis. Since the error term of the regression for our panel exhibits significant cross-section dependence, these opposite results justify that the use of the new econometric method is appropriate.

Tasks for Present and Future of National Mental Health Promotion in Korea : Focused on Inter-Sectoral Collaborations (국가 정신건강증진사업의 현황과 향후 과제 : 부문 간 협력을 중심으로)

  • Chae, Eun-Hee;Lee, Hyo Young
    • Korean Journal of Health Education and Promotion
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    • v.30 no.4
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    • pp.25-39
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    • 2013
  • Objectives: The purpose of this manuscript was to come up with ideas about supportive policies and multi-sectoral collaboration for Mental health Promotion. Methods: The authors reviewed about 40 various international & internal scientific articles including WHO's publications related with mental health programmes and mental health promotion. Besides, we reviewed inter-sectoral and multi-sectoral collaborations of mental health works for policy recommendations. Results: There are many problems in present mental health services; lack of budgets, existence of many vulnerable people, lack of mental health indexes, low accessibilities to mental health services, lack of supportive policies, and no existence of comprehensive control tower. Conclusions: It is important to strengthen public mental health services focused on health promotion. In addition, reinforcement of the infra-structures and establishment of a comprehensive control tower for mental health promotion should be done immediately. The control tower will have specific roles in structures of different government sectors and infrastructures for inter-sectoral collaboration.

Sectoral Contribution to Economic Development in India: A Time-Series Co-Integration Analysis

  • SOLANKI, Sandip;INUMULA, Krishna Murthy;CHITNIS, Asmita
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.191-200
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    • 2020
  • This research paper examines the causal relationship between India's economic growth and sectoral contribution to Gross Domestic Product (GDP) and vice versa, in the short-run and long-run, over a 10 years time period. Johansen's method of cointegration is used to study the cointegration between the sectoral contributions to Indian GDP vis-à-vis India's economic growth. Further, the route of interconnection between economic growth and sectoral contribution is tested by using Vector Auto Regression (VAR) model. Special attention was given for investigating impulse responses of economic growth depending on the innovations in sectoral contribution using time-series data from 1960 to 2015. This paper highlighted a dynamic co-relationship among industrial sector contribution and agricultural sector contribution and economic development. In the long run, one percent change in industrial sector contribution causes an increase of 3.42 percent in the economic growth and an increase of 1.12 percent in the primary sector contribution, while in the short run industrial and service sector contributions showed significant impact on economic development and agriculture sector. The changing composition of sector contribution is going to be an important activity for the policymakers to monitor and control where the technology and integration of sectors play a significant role in economic development.

Transformation of Sectoral Innovation Pattern : Evidence from Korea

  • PARK, Kyoo-Ho
    • East Asian Journal of Business Economics (EAJBE)
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    • v.8 no.4
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    • pp.67-77
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    • 2020
  • Purpose - This work tries to analyze the transformation of sectoral innovation pattern as time goes by to enhance the understanding on sectoral innovative activities, particularly considering the change of the nature of knowledge, and the trend of convergence. Research design, data, and methodology - This work tries to identify main factors, which determine the output of technological innovation through the econometric analysis, utilizing the result of Korean Innovation Survey and find a stylized fact on the change of the innovation pattern. Result - As a result of estimation, some major elements show different effects for two discrete years, 2002 and 2010; in chemical industry the open information source and neutral basic research become more important with the appropriation mechanism such as patents, and in machinery industry, the importance of internal information has been getting decreased with rising importance of customers. Conclusion - This work presents that some elements show different effects for two discrete years. Among three major elements, the source of information and appropriation mechanism shows different features for both industries. This means that we should explicit consider the changing nature of innovative environment, which leads to and heavily influence whether the innovative activity would be effective or not when we design innovation strategy and innovation policy.

Sectoral Innovation Studies: A Review of the Literature and Its Implications (한국 산업혁신연구의 현황과 과제)

  • Choung, Jae-Yong;Hwang, Hye-Ran
    • Journal of Technology Innovation
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    • v.25 no.3
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    • pp.115-154
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    • 2017
  • This article offers a review of the major literature about sectoral innovation studies of Korea and its implications over the past 30 years. The literature on the sectoral innovation studies in Korea has focused on analysing successful technological catch-up from an evolutionary perspective and most of research has centered on the issues about entry strategies, learning mechanisms. Recently "Emerging economies" like Korea in the 2000s face major challenges as they make a transition from (a) a phase of economic development characterised by 'catching up' with the global technological frontier, involving technological "imitation", to (b) a phase of continuing development based on the development of new knowledge for globally leading (post catch-up) product and process innovation. This paper reviews those bodies of literature of patterns of sectoral innovation, technological capability accumulation and catch-up process, catch-up innovation and institutions, and patterns of growth dynamics. Finally, given the importance of sectoral innovation studies, we suggest that industrial upgrading, transition towards leadership, dark side of catch-up issues are needed for future research directions.

Calculation and Evaluation of Monthly Sectoral GHG Emissions of Seoul through Analysis of Energy Consumption from 1999 Until 2009 (1999~2009 서울시 에너지사용량 분석을 통한 월별·부문별 온실가스 배출량 산정 및 평가)

  • Lee, Joo-Bong;Park, Hyun-Shin;Kim, Dong-Kyu
    • Journal of Korean Society for Atmospheric Environment
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    • v.28 no.4
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    • pp.466-476
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    • 2012
  • This study calculated monthly and sectoral (for industry, energy industry, transport, residential, commercial and public sectors) greenhouse gas (GHG) emissions of Seoul, Korea from 1999 until 2009 with following the IPCC 2006 Guideline for National Greenhouse Gas Inventories through an analysis on available monthly data of fossil fuel and electricity consumption for the period. The time series analysis showed that GHG emissions had significant cyclical pattern season by season with the highest peak in August and the lowest peak in January throughout the period. The analysis on monthly and sectoral energy consumption showed that residential, commercial and public sectors had emitted about 65% of total GHG emissions of Seoul and had consumed more energy in winter for heating. About 30% GHG of Seoul was emitted from transport sector but its monthly energy consumption showed irregular pattern and it consumed 80% petroleum (in 2009) of Seoul. Hopefully together with further study on this subject, it is expected that this study can be used as basic data for various research regarding Greenhouse gas baseline emission, energy consumption pattern and estimation for future GHG emission of Seoul.

Assessment and Implications of Maximizing the Capacities in Social and Physical Infrastructure in Middle-Income Asian countries

  • YASMIN, Fouzia;SAFDAR, Noreen;KHATOON, Sabila;ALI, Fatima
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.85-94
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    • 2021
  • Infrastructure capacities are essential elements and one of the sustainable lines to drive economic growth. Infrastructure development, both physical and social, is vital to sector-wise economic development. However, there is limited evidence of how infrastructure development in certain sectors benefits the economy as a whole. This study explains the relationships between infrastructure and economic growth in selected middle-income Asian countries, highlighting the essential criteria to benefit from both physical and social infrastructure, as well as sectoral (agriculture, industry, and services) economic output. The research uses the data from 1990 to 2020 for empirical estimations. The study used Levin, Lin, & Chu test, ADF- Fischer chi- Square, and PP- Fischer Chi-Square to test unit root and to observe the stationary nature of the panel. Padroni and Kao cointegration is applied to check the cointegration among different panes. A Fully Modified OLS was employed for checking the association between physical and social infrastructure and economic growth. Results show that physical and social infrastructure negatively impact sectoral output in Asia's middle-income countries. Apart from infrastructure the per capita GDP growth, tax to GDP ratio, and population growth shows a simultaneous relation between infrastructure and sectoral economic growth.

Analysis on the innovation pattern by major industry in Korea

  • PARK, Kyoo-Ho
    • East Asian Journal of Business Economics (EAJBE)
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    • v.7 no.4
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    • pp.51-58
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    • 2019
  • Purpose - This paper aims to analyze the difference of technological innovative pattern by industry. Research design and methodology - we try to identify the major factors which can exert an effective influence on actual innovation output, utilizing the result of Korean Innovation Survey. By doing so, this work can make a comparison with Pavitt (1984) and succeeding discussion on sectoral pattern of innovation Results - Analysis on major industry in Korea shows that there are substantial differences in terms of the source of innovation, organization-related factor, and appropriation mechanism among each industry, and differential strategy to be proper for the nature of each industry is needed. There is some variation within industries which deemed as same type of sector defined by Pavitt. Conclusions - This analysis call for elaborate analysis on sectoral pattern of innovation, considering the change and difference of innovative environment as well as differential business strategy and way to do innovate, which is proper considering the nature of innovative pattern in each industry for successful technological innovation in Korea. At the same time, proper policy measure considering the differential pattern of technological innovation is needed.

Assessment of Input Impedance of an Axial Slot Antenna on a Sectoral Cylindrical Cavity Excited by Probe using Method of Moments

  • Wongsan, Rangsan;Phongcharoenpanich, Chuwong;Krairiksh, Monai
    • Proceedings of the IEEK Conference
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    • 2002.07b
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    • pp.731-734
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    • 2002
  • This paper presents the assessment of input impedance of a sectoral cylindrical cavity-backed slot antenna excited by a probe. This antenna is proposed to be an element of array that can be assembled to be the antenna for UHF TV broadcasting system. The integral equations are derived based on boundary conditions of the proposed structure and are expressed in terms of dyadic Green's functions and unknown currents. The unknown current densities are solved by the Method of Moments and the input impedance is derived subsequently. Numerical results show the variation of input impedance, for the specified dimensions of the antenna, as a function of frequency. This result is validated by measurement and found that the result is sufficiently accurate. The result from this study is useful for the design of a sectoral cylindrical cavity-backed slot antenna excited by a probe.

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Evaluation of Industry-specific Sectoral Approach in the Climate Change Framework (기후변화협상 체제에서 산업부문에 대한 부문별 접근방식(Sectoral Approach)의 평가 및 대응방향)

  • Han, Jin-Hyun;Yoo, Dong-Heon
    • Journal of Energy Engineering
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    • v.18 no.4
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    • pp.246-257
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    • 2009
  • Regarding climate change, the most significant challenge the world faces is achieving the goal of stabilizing the global concentration of greenhouse gases. However, this cannot be accomplished by greenhouse gas reduction efforts of developed countries alone. In this context, a "sectoral approach" has been brought up as a way to overcome the limit of the Kyoto Protocol and induce the participation of developing countries. This paper focuses on the different types of sectoral approaches that have been suggested so far, and their criteria, scope and effectiveness. It therefore explores the potential each approach has as a policy alternative under the post-2012 scheme. On top of that, with the possibility of these sectoral approaches becoming strong future policy alternatives in mind, this paper also analyzes their applicability to the Korean industry. For the steel, petrochemical and oil industries - in which energy efficiency exceeds the world average- a technology-based approach is proposed as an alternative. For the cement, paper and power generation industries - in which energy efficiency is about the same as the global average - a sectoral crediting mechanism or an index-based approach or a sector-wide transnational approach are proposed as alternatives. Lastly, this paper suggests a future research direction for their adoption and implementation.