Pub Date : 2015-05-01DOI: 10.23895/KDIJEP.2015.37.2.22
E. Hanushek
After a long, dormant period, recent attention has turned to a variety of measurement issues surrounding the concept of human capital. The traditional approach of rely entirely on measures of school attainment, while convenient, is almost certainly misleading. The availability of cognitive skills measures greatly improves on these measurements, but there remains also concern about other unmeasured factors, including noncognitive skills. This paper considers alternative approaches to assessing the role of human capital on individual earnings and on economic growth.
{"title":"Why Standard Measures of Human Capital are Misleading","authors":"E. Hanushek","doi":"10.23895/KDIJEP.2015.37.2.22","DOIUrl":"https://doi.org/10.23895/KDIJEP.2015.37.2.22","url":null,"abstract":"After a long, dormant period, recent attention has turned to a variety of measurement issues surrounding the concept of human capital. The traditional approach of rely entirely on measures of school attainment, while convenient, is almost certainly misleading. The availability of cognitive skills measures greatly improves on these measurements, but there remains also concern about other unmeasured factors, including noncognitive skills. This paper considers alternative approaches to assessing the role of human capital on individual earnings and on economic growth.","PeriodicalId":32627,"journal":{"name":"KDI Journal of Economic Policy","volume":"37 1","pages":"22-39"},"PeriodicalIF":0.0,"publicationDate":"2015-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68936011","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-03-01DOI: 10.23895/KDIJEP.2015.37..1
송영관
{"title":"Technology Standardization, Government Intervention, and Public Electronic Certificate in Korea","authors":"송영관","doi":"10.23895/KDIJEP.2015.37..1","DOIUrl":"https://doi.org/10.23895/KDIJEP.2015.37..1","url":null,"abstract":"","PeriodicalId":32627,"journal":{"name":"KDI Journal of Economic Policy","volume":"13 1","pages":"1-32"},"PeriodicalIF":0.0,"publicationDate":"2015-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68935909","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-03-01DOI: 10.23895/KDIJEP.2015.37..64
Beomsoo Kim, 김가영
* 본 논문은 2012년 정부(교육부)의 재원으로 한국연구재단의 지원을 받아 수행된 연구임(NRF-2012S1A5A8024315). 두 분의 익명의 검토자와 많은 조언과 토론을 해주신 박상수, Julian Cristia에게 깊은 감사를 드린다. 또한 자 료처리를 도와준 진성진 석사과정 학생에게도 고마움을 전한다. 김범수: (e-mail) kimecon@korea.ac.kr, (address) Department of Economics, Korea University, 145, Anam-ro Seongbuk-gu, Seoul, 136-701, Korea. 김가영: (e-mail) kgy817@hanmail.net, (address) JnK Digital Tower 1204-1206, 111, Digital-ro 26-gil, Guro-gu, Seoul, 152-848, Korea.
*本论文是2012年作为政府(教育部)的财源，在韩国研究财团的支援下执行的研究任(NRF-2012S1A5A8024315)。对两位不愿透露姓名的审阅者和给予很多建议和讨论的朴相洙、朱利安·Cristia表示深深的感谢。另外，还向帮助处理材料的硕士学生陈成镇表示感谢。金范洙:(e-mail) kimecon@korea.ac.kr， (address) Department of Economics, Korea University, 145, Anam-ro Seongbuk-gu, Seoul, 136-701, Korea。金佳英:(e-mail) kgy817@hanmail.net， (address) JnK Digital Tower 1204-1206, 111, Digital-ro 26-gil, Guro-gu, Seoul, 152-848, Korea。
{"title":"The Impacts of Coeducation in High School on the College Scholastic Ability Test","authors":"Beomsoo Kim, 김가영","doi":"10.23895/KDIJEP.2015.37..64","DOIUrl":"https://doi.org/10.23895/KDIJEP.2015.37..64","url":null,"abstract":"* 본 논문은 2012년 정부(교육부)의 재원으로 한국연구재단의 지원을 받아 수행된 연구임(NRF-2012S1A5A8024315). 두 분의 익명의 검토자와 많은 조언과 토론을 해주신 박상수, Julian Cristia에게 깊은 감사를 드린다. 또한 자 료처리를 도와준 진성진 석사과정 학생에게도 고마움을 전한다. 김범수: (e-mail) kimecon@korea.ac.kr, (address) Department of Economics, Korea University, 145, Anam-ro Seongbuk-gu, Seoul, 136-701, Korea. 김가영: (e-mail) kgy817@hanmail.net, (address) JnK Digital Tower 1204-1206, 111, Digital-ro 26-gil, Guro-gu, Seoul, 152-848, Korea.","PeriodicalId":32627,"journal":{"name":"KDI Journal of Economic Policy","volume":"37 1","pages":"64-85"},"PeriodicalIF":0.0,"publicationDate":"2015-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68935508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-02-01DOI: 10.23895/KDIJEP.2015.37.1.19
정대희
정대희.2013.글로벌 금융위기가 기업투자에 미친 영향(The effect of global financial crisis on corporate investment in Korea),Reports,서울한국개발연구원,정책연구시리즈/2013-09,71
정대희2013。《全球金融危机对企业投资的影响》(The effect of global financial crisis on corporate investment in Korea)，首尔韩国开发研究院，政策研究系列/2013-09,71
{"title":"글로벌 금융위기가 기업투자에 미친 영향(The effect of global financial crisis on corporate investment in Korea) 신용공급 축소의 영향을 중심으로(From the perspective of costly external finance)","authors":"정대희","doi":"10.23895/KDIJEP.2015.37.1.19","DOIUrl":"https://doi.org/10.23895/KDIJEP.2015.37.1.19","url":null,"abstract":"정대희.2013.글로벌 금융위기가 기업투자에 미친 영향(The effect of global financial crisis on corporate investment in Korea),Reports,서울한국개발연구원,정책연구시리즈/2013-09,71","PeriodicalId":32627,"journal":{"name":"KDI Journal of Economic Policy","volume":"42 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2015-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68935952","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-02-01DOI: 10.23895/KDIJEP.2015.37.1.44
H. Ohashi, Daiya Isogawa, K. Nishikawa
This study evaluates the economic impact of product innovation by using firm-level data from the Community Innovation Survey conducted in Japan. It accounts for possible technological spillover from innovation activities and examines the extent to which new-tomarket product innovations contribute to firm performance. Econometric analysis using a simultaneous equation model reveals that new-to-market product innovation is likely to increase a firm’s sales without cannibalizing those of existing products and generate more technological spillover to other firms. Moreover, such innovation is more likely to emerge from firms collaborating with academic institutions. The paper concludes by discussing policy implications of these findings as well as points to the importance of cross-country comparison between Korea and Japan.
{"title":"Innovation Height and Firm Performance: An Empirical Analysis from the Community Innovation Survey","authors":"H. Ohashi, Daiya Isogawa, K. Nishikawa","doi":"10.23895/KDIJEP.2015.37.1.44","DOIUrl":"https://doi.org/10.23895/KDIJEP.2015.37.1.44","url":null,"abstract":"This study evaluates the economic impact of product innovation by using firm-level data from the Community Innovation Survey conducted in Japan. It accounts for possible technological spillover from innovation activities and examines the extent to which new-tomarket product innovations contribute to firm performance. Econometric analysis using a simultaneous equation model reveals that new-to-market product innovation is likely to increase a firm’s sales without cannibalizing those of existing products and generate more technological spillover to other firms. Moreover, such innovation is more likely to emerge from firms collaborating with academic institutions. The paper concludes by discussing policy implications of these findings as well as points to the importance of cross-country comparison between Korea and Japan.","PeriodicalId":32627,"journal":{"name":"KDI Journal of Economic Policy","volume":"37 1","pages":"44-72"},"PeriodicalIF":0.0,"publicationDate":"2015-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68935963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2014-11-01DOI: 10.23895/KDIJEP.2014.36.4.33
InseokShin, Sungbin Cho
{"title":"Determinants of Fund Investment Flows: Asymmetry between Fund Inflows and Fund Outflows","authors":"InseokShin, Sungbin Cho","doi":"10.23895/KDIJEP.2014.36.4.33","DOIUrl":"https://doi.org/10.23895/KDIJEP.2014.36.4.33","url":null,"abstract":"","PeriodicalId":32627,"journal":{"name":"KDI Journal of Economic Policy","volume":"36 1","pages":"33-69"},"PeriodicalIF":0.0,"publicationDate":"2014-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68935896","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2014-08-01DOI: 10.23895/KDIJEP.2014.36.3.1
Kim TaeBong
{"title":"Effectiveness of Monetary Policy in Korea Due to Time Varying Monetary Policy Stance","authors":"Kim TaeBong","doi":"10.23895/KDIJEP.2014.36.3.1","DOIUrl":"https://doi.org/10.23895/KDIJEP.2014.36.3.1","url":null,"abstract":"","PeriodicalId":32627,"journal":{"name":"KDI Journal of Economic Policy","volume":"36 1","pages":"1-23"},"PeriodicalIF":0.0,"publicationDate":"2014-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68935557","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2014-08-01DOI: 10.23895/KDIJEP.2014.36.3.25
이봉수
{"title":"Is Mispricing in Asset Prices Due to the Inflation Illusion","authors":"이봉수","doi":"10.23895/KDIJEP.2014.36.3.25","DOIUrl":"https://doi.org/10.23895/KDIJEP.2014.36.3.25","url":null,"abstract":"","PeriodicalId":32627,"journal":{"name":"KDI Journal of Economic Policy","volume":"36 1","pages":"25-60"},"PeriodicalIF":0.0,"publicationDate":"2014-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68935805","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2014-08-01DOI: 10.23895/KDIJEP.2014.36.3.121
Jin Bai
{"title":"An Empirical Study on the “Effects of My Mom’s Friend’s Son” in the Job Search Process of Youths","authors":"Jin Bai","doi":"10.23895/KDIJEP.2014.36.3.121","DOIUrl":"https://doi.org/10.23895/KDIJEP.2014.36.3.121","url":null,"abstract":"","PeriodicalId":32627,"journal":{"name":"KDI Journal of Economic Policy","volume":"36 1","pages":"121-168"},"PeriodicalIF":0.0,"publicationDate":"2014-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68935617","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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