Changes in the Trade Paradigm and Agency Dilemma in Korea’s Core Export-Leading Industries

배미경 한국무역연구원 2021 무역연구 Vol.17 No.2

This study investigates the impact of firm dynamics and consequent business durations of incumbents on the productivity growth of vertical integration with capital share (VI) and non-vertical integration with capital share (NVI) structures in Korea’s core export-leading industries. Design/Methodology/Approach A stochastic frontier production function model was applied to unbalanced firm-level panel data for Korea’s IT manufacturing and automobile industries over 2006 2017. Findings Empirical results verified the agency dilemma between stable supply chain and innovation incentive as a catalyst of firm dynamics, and the consequent productivity gain or loss triggered by market exogenous shocks, structural reform, and market selection forces. Firms shifting from a VI to an NVI structure had a negative pre-exit impact on the productivity growth of the VI structure, while they had a significant positive impact on the productivity growth of the NVI structure they entered. All new entrants raised productivity growth in the IT manufacturing industry, while only new NVI entrants promoted productivity growth in the automobile industry. All exiting firms decreased the productivity growth in both industries. All persevering IT manufacturing firms reduced the productivity growth of their structures, whereas only persevering NVI automobile firms lowered the productivity growth of their NVI structure. Research Implications In terms of productivity growth from firms’ entry, exit, and business duration, IT manufacturing firms retained greater competitiveness and resilience than automobile firms under the adverse global value chain conditions of 2012, relative to those before 2012. However, deteriorating technical efficiency caused TFP growth to plunge in both VI and NVI structures in these industries since 2012.

프로젝트 접근법이 유아의 사고력 증진에 미치는 영향

배미경,황혜정 한국보육지원학회 2012 한국보육지원학회지 Vol.8 No.5

본 연구는 프로젝트 활동이 유아의 사고력 증진에 미치는 효과를 알아보는데 그 목적이 있다. 연구의 대상으로는 경기도의 S유치원에 재원하고 있는 유아 60명을 선정하였다. 선정된유아들을 프로젝트 활동을 적용한 실험집단에 30명, 적용하지 않은 비교집단에 30명을 배정하고, 이들의 사고력을 비교 분석하였다. 프로젝트 접근법이 유아의 사고력과 하위구성요소인 지각적 사고, 분석적 사고, 종합적 사고, 추리적 사고에 미치는 영향을 살펴본 결과, 프로젝트 활동을 실시한 유아가 그렇지 않은 유아보다 지각적 사고, 분석적 사고, 종합적 사고, 추리적 사고가 높은 것으로 파악되었다. 따라서 프로젝트 접근법은 유아로 하여금 다양한 활동을 통하여 표상, 재표상의 단계를 거쳐 새로운 지식을 재구성함으로써 유아의 사고력 증진에 효과적이라고 할 수 있다.

신용불량자의 현황분석 및 증가요인에 따른 정책제언

배미경 啓明大學校 産業經營硏究所 2004 經營經濟 Vol.37 No.1

The purpose of this study is to investigate the bad-creditor's behavior and increasing number of the personal bankruptcy who misleading the usage of credit cards. The results of study showed various aspects of rescuing those bad-creditors and suggested the political issues in aspects of consumer education. Approximately 50% percent of bad-creditors are ranged from age 20 to 30 comparatively younger consumers face more difficulties in using credit cards. There are many reasons to rapidly extend the number of using credit cards and one of them is that business sector does not examine the personal credit line and also most bad-creditor experienced the cashing service which has higher interests. To rescue those bad-creditors, government started to introduce personal credit recovering system but the procedure of application to be beneficial from those system.

Vertical Integration and Exogenous Market Shocks in Korea’s Automobile Industry

배미경 한국산업조직학회 2023 産業組織硏究 Vol.31 No.3

A stochastic production frontier of Korea’s automobile industry, vertically integrated with capital-share (VI) and non-VI (NVI) structure, identify: in the aftermath of exogenous market shocks, NVI firms with extensive business durations boosted industry productivity growth; NVI entrants enhanced industry productivity growth; exiting NVI and VI firms contributed to severe productivity retrogression in 2015, prior to actual exit; VI firms with extensive business durations boosted VI structure productivity growth, despite agency costs; VI entrants dampened VI structure productivity growth while NVI entrants boosted NVI structure productivity growth; and self-selecting firms shifting from VI to NVI structure increased NVI structure productivity growth.

Structural Features and Firm Dynamics in Korea’s IT Manufacturing Industry

배미경 한국경제연구학회 2023 Korea and the World Economy Vol.24 No.2

This study investigates firm dynamics and productivity growth within IT manufacturing industry-specific features. The extensive business duration of vertically integrated with capital-share (VI) firms in their VI structure, despite agency costs, due to synergies from stable supply chains and lower transaction costs; new entrants in the industry and the structures; the strategic shifts that occurred in the non-VI (NVI) structure through self-selection, significantly contributed to productivity growth. The entry and exit impacts of VI firms in the industry and the structure were more pronounced than did NVI counterparts. TFP growth has been led mainly by technical progress and new entrants.

경기변동과 고소득층 소비지출에 대한 연구

배미경,박광희 啓明大學校 生活科學硏究所 2006 科學論集 Vol.32 No.-

This study investigated the consumption patterns of high-income households and analyzed the ratio of major 6 expenditures including food at home, food away from home, education, clothing, entertainment, and housing expenditure to total expenditure. The Daewoo Panel data was used and descriptive statistics, t-test and regression analysis were utilized for data analysis. Regression analyses were used to investigate the determinants of consumption pattern. To investigate effects of the economy depression, this study compared the consumption ratio for two different years. The results of study showed that among 6 categories, food away from home seemed to have larger effect of the economy depression but high-income household seemed not to lessen the education expense. The results showed that the age of reference person affected the amount of food expense, clothing and entertainment. This study would be useful to marketing strategies for fashion industries focusing on high-income households.

가계의 전반적 재무상태 측정 및 재무비율 영향요인 분석

배미경 啓明大學校 生活科學硏究所 2007 科學論集 Vol.33 No.-

The study examines the relationships among financial knowledge, financial management, and objective financial satisfaction. The data used in the study was 331 households from the survey in both Seoul and Kyeonggi-Do. The data analysis was done using the SAS-PC program and several statistical techniques were utilized such as frequency, and multiple regression analysis. The results of the study were as follows, With both more assets and older household head, they tended to have more financial basic knowledge and tax/insurance. The households doing more on financial management implement were found to have more objective Financial well-being, while those doing more on financial management plan were found to have more objective financial well-being.

Structural Features and Firm Dynamics in Korea's General Machinery Industry

배미경 한국경제통상학회 2023 경제연구 Vol.41 No.4

This study explores firm dynamics triggered by exogenous market shocks within the Korean general machinery industry in order to assess the impact of these shocks on productivity growth. The main findings are as follows: 1)vertically integrated with capital-share (VI) firms with extensive business durations showed resilience within the VI structure in the wake of market exogenous shocks, demonstrating their competitiveness by leveraging stable supply chains and reduced transaction costs, despite the presence of agency costs; 2) non-VI (NVI) entrants significantly boosted the productivity growth of the industry and their NVI structure in the midst of market exogenous shocks, showcasing their exceptional productivity capabilities as independent entities within the general machinery industry and its NVI structure.; 3) during the 2010 sharp economic bounceback and the 2020 economic depression, self-selecting VI firms transitioning to a NVI structure significantly increased productivity growth of the NVI structure; 4) sluggish technical progress for the VI structure and a substantial technical retrogression for the NVI structure hindered productivity growth of the entire general machinery industry. 5) Overall, the VI structure outperformed in terms of technical progress and business duration, with VI firms having a greater competitive edge than their NVI counterparts. These findings support the advantageous position of the VI structure in the general machinery industry. Therefore, timely remedies to restore and activate the industry’s growth potential through similarly efficient resource allocation must be implemented to contribute to economic growth for the country.

국제메가스포츠 이벤트의 PR 커뮤니케이션 구조와 전략 방안 : 2018 평창 올림픽 사례분석을 중심으로

배미경,우창완 한국PR학회 2022 한국PR학회 학술대회 Vol.2022 No.11

Size, business duration, and productivity growth for Korea’s export-leading industries

배미경 한국경제통상학회 2018 경제연구 Vol.36 No.1

This study investigate the impact from changes in the business duration of large establishments (LEs) and that of small and medium-sized establishments (SMEs) on the productivity growth of 29 export-leading industries and 13 other exporting industries during 1995-2014 in Korea. The impact from changes in business duration of LEs varied across industries and time periods in a far greater extent than did that of SMEs. For export-leading industries, the extent of impact from the decrease in business duration of LEs was far greater than that of SMEs to reduce the productivity growth, which was triggered by the market exogenous shocks. Older target industries of fine chemicals, basic metal products, petrochemicals, and machinery, showed that the increase in business duration of LEs promoted productivity growth to a greater extent, which recouped their flagging technical progress (TP) to sustain high productivity growth by help of their accommodated tacit knowledge. Changes in the business duration of LEs achieved twice the impact on productivity growth than that of SMEs in the export-leading industries, as well as that of LEs in other exporting industries. During the 1998 depression, the productivity growth of export-leading industries plunged to a half resulting from significant technical efficiency and allocative efficiency losses, but led by steady TP and the longer business duration of LEs. This study investigate the impact from changes in the business duration of large establishments (LEs) and that of small and medium-sized establishments (SMEs) on the productivity growth of 29 export-leading industries and 13 other exporting industries during 1995-2014 in Korea. The impact from changes in business duration of LEs varied across industries and time periods in a far greater extent than did that of SMEs. For export-leading industries, the extent of impact from the decrease in business duration of LEs was far greater than that of SMEs to reduce the productivity growth, which was triggered by the market exogenous shocks. Older target industries of fine chemicals, basic metal products, petrochemicals, and machinery, showed that the increase in business duration of LEs promoted productivity growth to a greater extent, which recouped their flagging technical progress (TP) to sustain high productivity growth by help of their accommodated tacit knowledge. Changes in the business duration of LEs achieved twice the impact on productivity growth than that of SMEs in the export-leading industries, as well as that of LEs in other exporting industries. During the 1998 depression, the productivity growth of export-leading industries plunged to a half resulting from significant technical efficiency and allocative efficiency losses, but led by steady TP and the longer business duration of LEs.