• The Journal of Asian Finance, Economics and Business
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• 제8권2호
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• pp.809-820
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• 2021

The study aimed to investigate the impact of sectoral bank credit facilities provided by commercial banks on the non-oil economic growth in Saudi Arabia. Bank credit facilities are given for nine economic sectors: agriculture, manufacturing, mining, electricity and water, health services, construction, wholesale and retail trade, transportation and communications, services, and finance sector. The study employs annual data from 1970 to 2019. The study employs the Autoregressive Distributed Lag (ARDL) approach to identify the long-run and short-run dynamics relationships among the variables. The main results reveal that the overall impact of total bank credit has a significant and positive effect on non-oil economic growth in KSA. The results revealed that the effect of bank credit on the non-oil GDP growth in the short and long run was uneven. The study finds that all sectors have a positive and significant impact in the long run, except for the agricultural and mining sectors. Likewise, all sectors have a positive and significant impact in the short run, except for construction, finance, services, and transportation & communications. As a result, bank credit facilities in different sectors have played an important role in enhancing the non-oil economic growth in the KSA.

• 한국항만경제학회지
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• 제21권4호
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• pp.141-160
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• 2005

This paper estimate and analyze the economic effect of the port industries as well its production inducement coefficient, effect ratio and response ratio using above-mention input-output analysis. The results of analysis is that the production inducement effects and the forward and backward linkage effects of port industries sectors are evaluated low evaluations. This results is not the port industry doesn't have low effects and low contributions to Korea economy, port industries are more used in the field of export and import sectors than domestic demand and supply sectors. Accordingly, the import inducement coefficients of shipping industry is most high among the 404 detailed sectors.

• East Asian Economic Review
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• 제22권4호
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• pp.403-425
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• 2018

This paper documents the presence of "sensitive sectors" in Free Trade Agreements, defined as sectors for which the within-FTA tariffs remain positive. The paper includes some brief theoretical discussion of the welfare implications of these, but the main emphasis is on reporting two measures of this phenomenon for countries in FTAs that entered into force between 1994 and 2003. One measure is the percentage of tariff lines that remain dutiable, and the second is the change, from before the FTA to after, in the average maximum (across 6-digit products) positive tariffs. Both measures are derived from data in the UNCTAD TRAINS database, and are then related to measures of country characteristics that might explain them. Low per capita GDP countries tend to have larger fractions of dutiable tariff lines, while higher income countries tend to post larger increases in average maximum positive tariffs. Both suggest that the favored treatment of sensitive sectors is undermining the potential gains from trade that FTAs could provide.

• 기술혁신연구
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• 제12권2호
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• pp.99-126
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• 2004

Japan's economic clusters are characterized by their high level of diversity. In essence, Japanese economic clusters are not limited to single industries; they comprise numerous manufacturing industries and firms which cluster in specific heterogeneous economic zones, vice political boundaries. Japanese manufacturing sectors are showing an increased level of diversity, resulting in the spread of experience and knowledge among clusters, and sustained growth at the point of industrial structural transformation. Japan's Ministry of Education, Culture, Sports, Science and Technology (MEXT) proposed the creation of intellectual clusters for the purpose of promoting research and development(R&D) activities resulting in the stimulation and development of new technologies. The Ministry of Economy Trade and Industry (METI) is also proposing the industrial cluster plan with the aim to promote the local rebirth and revitalization of the Japanese industrial sector. This paper proposes a methodological analysis which will result in the integration of the two policies currently implemented by the Japanese government. If the current policies are not coordinated and integrated, artificial firms and sectors will continue to hamper innovation and discourage competitiveness, which will ultimately result in Japan's loss of economic opportunities within Asia. In the worst case, failure to act on current economic deficiencies illuminated in this paper could cost Japan its position as an Asian economic leader.

• Asian Journal of Business Environment
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• 제14권2호
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• pp.19-30
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• 2024

Purpose: This research article investigates the intricate relationship between economic growth and employment in the Korean agri-food industry. Research design, data and methodology: Drawing on Okun's law, which proposes a negative correlation between economic growth and unemployment, the study explores the applicability of this law to different sectors. By focusing on the agri-food industry, the study examines the impact of economic growth on both full-time and temporary employment. Results: The findings highlight the industry's role as a buffer, absorbing workers from other sectors, particularly manufacturing. Moreover, the study reveals that temporary employment is more sensitive to economic growth fluctuations compared to full-time employment. Conclusions: The research emphasizes the importance of implementing employment programs that support transitioning workers in the agri-food industry, facilitating knowledge and skill transfer to ensure sustained employment. Furthermore, it recommends government and company support for temporary employment during buffering periods to ensure safe job transitions. This study provides valuable evidence to understand the nuanced relationship between economic growth and employment in the Korean agri-food industry.

• STI Policy Review
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• 제7권2호
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• pp.85-105
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• 2016

This study compares the economic impacts among ICT sectors and derives strategic considerations for development of the ICT industry in Korea. Prior to analysis, this study classified ICT industry into four sectors: ICT equipment, components, service, and SW/system. This study conducted Input-Output Analysis on the four ICT sectors. An Input-Output Analysis is a quantitative economic technique that represents the direct and indirect interdependencies between different industries of a national economy. Features of each ICT sector were observed in the results. Within the ICT equipment sector, production is decreasing, import dependence is increasing, and employment size is very low, relative to the overall ICT industry. The component sector accounts for the over half of the output and value added of the ICT industry, but domestic production has recently declined. The subsector experienced decreasing production and increasing imports relative to the other ICT subsectors. In the service sector, output is small but its production and employment impact is very high. The fourth sector, ICT SW/system, has very low impact on production but high impact on employment. These features suggest two strategies to develop the ICT industry in Korea. First, the ICT component and service sectors should be promoted to stimulate growth of the national economy. Second, to encourage employment growth, policies should promote the ICT SW/system and service sectors.

• The Journal of Asian Finance, Economics and Business
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• 제7권9호
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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.

• 에너지공학
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• 제23권2호
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• pp.83-92
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• 2014

본 논문에서는 집단에너지 부문과 도시가스 부문의 경제적 파급효과를 비교분석하고자 한다. 이를 위해 산업연관분석을 적용하되 가장 최근에 발표된 2011년도 산업연관표를 이용한다. 특히 두 개 부문을 각각 외생화하여 분석함으로써 자기부문에 대한 효과와 타 부문에 대한 효과를 구분한다. 수요유도형 모형을 적용하여 생산유발효과, 부가가치 유발효과, 취업유발효과를 정량화한다. 아울러 공급유도형 모형 및 레온티에프 가격모형을 운용하여 각각 공급지장효과 및 물가파급효과를 계량화한다. 분석 결과 집단에너지 부문과 도시가스 부문의 생산유발효과, 부가가치 유발효과, 취업유발효과는 각각 1.5461 : 1.0297, 0.4759 : 0.1941, 2.2885 : 0.4053으로 전자의 값이 후자의 그것보다 1.5배에서 5.6배의 크기를 보였다. 집단에너지 부문 및 도시가스 부문 10% 요금인상의 물가파급효과는 각각 0.0127% 및 0.1585%로 전자가 후자의 8% 수준에 불과했다. 이러한 정량적 정보는 특정 지역에 난방원을 공급 하는 것과 관련된 경제적 파급효과와 요금조정의 물가파급효과를 사전적으로 예측하는 데 유용하게 활용될 수 있다.

• 한국경제지리학회지
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• 제16권1호
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• pp.1-16
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• 2013

본 연구는 우리나라 패션산업의 집중이 강하게 나타나고 있는 수도권 지역을 대상으로 패션산업의 공간분포를 파악하고, 그 특성을 분석한다. 특히, 우리나라 패션산업을 기존의 노동집약적인 저수익의 봉제의류산업에서 디자인을 통한 고부가가치 창출이 가능한 지식기반산업으로 전환시키고자 하는 상황에서 우리나라 패션산업이 집중되어 있는 서울의 패션제조업 분포에 지식기반산업들이 보이는 특성이 나타나는가에 초점을 두고 분석하였다. 이를 위하여 공간적 자기상관 분석을 이용하여 직능별 패션산업의 공간적 군집여부를 탐색하고, 그 분포양상을 바탕으로 수도권 패션산업의 클러스터를 구분 짓고 그 특성을 파악하였다. 또한 직능 간 연계성을 파악하기 위하여 이항 로지스틱 회귀분석을 통해 직능별 패션산업의 공간적 군집 형성에 영향을 주는 타 직능 변수와의 관계식을 도출하였다.

• 자원ㆍ환경경제연구
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• 제24권3호
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• pp.551-572
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• 2015

지구 온난화와 그에 따라 발생빈도가 늘어난 이상기온 현상으로 인해 제조업과 서비스 업종에서 감당해야 할 기후위험 역시 증가하는 추세에 있다. 본 연구는 Pardo et al. (2002)이 이용한 간단한 실증모델 추정을 통해 품목별 기후리스크를 측정한다. 실증분석의 결과, 제조업 품목의 26.7%, 서비스 업종의 27.9%가 날씨여건에 따라 판매량이나 경영성과에 유의미한 변화를 경험하고 있는 것으로 나타났다.