Social and Behavioral Sciences Commons^™

The Impact Of Corporate Tax On Investment In South Korea, Hyoungchul Lee

MPA/MPP/MPFM Capstone Projects

The President of the Republic of Korea, Moon Jae-in reformed corporate tax, which is the new establishment of the highest bracket affecting on only companies with 300 billion won or more of sales. However, it caused a great controversy in Korea. The conservative argues that lowering corporate tax rate will improve corporate competitiveness while the progressive says that corporate taxes are neutral in corporate investment decisions.

According to an economic model, the amount of an entity's investment is determined by costs and returns when an additional unit of capital is used. Assuming taxes are raised with depreciation and deductions, it …

A Study On The Determinants Of Childbirth In Primary Local Government Districts In South Korean ‘Do’ Metro Provinces, Seungmin Kim

MPA/MPP/MPFM Capstone Projects

Korea is experiencing a very serious low fertility rate. As of 2017, Korea has a fertility rate of 1.05, which is the lowest among the G20 countries. The low fertility rate can lead to pension burden problems and economic recession problems. In particular, the Primary Local Government Districts ((PLGDs) in "Do" Metro provinces in Korea may have a problem of a decrease in the agricultural population, and the reduction of organizational and administrative functions due to the reduction of fiscal income. To solve the low fertility rate, we need to identify factors that affect childbirth, and to engage in policy …

A Study On Change And Determinants Of South Koreans' Perceptions Of Unification, Seong Koo Ham

MPA/MPP/MPFM Capstone Projects

South Koreans’ interest in and aspirations for unification have decreased recently. This decrease of desires for unification is one of the obstacles to achieve unification. This study analyzes the change of South Koreans’ perceptions of unification and examines various factors that affect those perceptions toward unification. I use unification perceptions survey data from 2007 to 2014 collected by the Institute for Peace and Unification Studies Seoul National University.

The dependent variables of this study are perceptions of the necessity of unification and the possibility of unification. Independent variables are classified into four types. They are expected benefit factors, the political …

Effective Traffic Noise Policy Of Urban Development Projects In South Korea, Jaechang Jo

MPA/MPP/MPFM Capstone Projects

In 1980, South Korean government built a large scale apartment complex in the Seoul metropolitan area because of consecutive urbanization and rapid industrialization. However, in late 1980, as the housing market surged rapidly, the government constructed several huge new towns. These new towns and urban development projects contributed to stabilizing the housing market, but residents in new towns began to suffer from traffic noise and this became social problems.

Traffic noise is caused by tire friction and also influenced by various factors such as vehicle volume and traffic speed. There are two primary measures to mitigate the traffic noise; reducing …

The Effect Of The Housing Support Policy For The Disabled And Factors Affecting Policy Satisfaction In South Korea, Hee Bum Lee

MPA/MPP/MPFM Capstone Projects

The Korean government has recently recognized the importance of residential environment for the disabled, and has begun to establish various housing support policies as a social safety net. In this context, the Korean government has enacted the Housing Support Act for the Underprivileged (HSAU) which includes the disabled in 2012. The goal of this legislative action is to strengthen the Housing Support Policy for the Disabled (HSPD) and establish a legal basis for HSPD (NLIC, 2017). The purpose of this study is to analyze whether the introduction of HSAU has a positive effect on the policy satisfaction for the disabled. …

The Impact Of Socioeconomic Factors On Voter Turnout In The Republic Of Korea: Empirical Research For The Results Of 18Th And 19Th Presidential Elections, Hee Yup Yoon

MPA/MPP/MPFM Capstone Projects

This study examines the relationship between socioeconomic factors and voter turnout in South Korea. In particular, the determinants of the turnout in the 2012 and 2017 presidential elections in the Republic of Korea are analyzed by using the aggregated data in terms of municipal-level divisions. The findings partially support previous studies. The education level and the percentage of primary industry workers in the district have a significantly positive impact on turnout. Holding the other variables constant, as the proportion of the population over higher education in the district increases, voter turnout grows. Likewise, as the ratio of primary industry workers …

The Effects Of Land Use Deregulations In The Capitol Region On Gross Regional Domestic Product In South Korea, Youngchul Kim

MPA/MPP/MPFM Capstone Projects

South Korea has implemented strong land use regulations controlling the growth of the capitol region (Seoul, and around areas) in order to encourage balanced regional development between the capitol area and the non-capitol area. However, there are ongoing debates about the relationship between the regulatory policies and the balanced regional development.

The purpose of this study is to examine the extent of the effect that the land use deregulation in the capitol region has on growth of both regions. To address this question, I use a difference-in-differences model to empirically analyze how the land use deregulation in the capitol region …

The Impact Of Intellectual Property On Provincial Unemployment Rates In South Korea, Soon Ho Shin

MPA/MPP/MPFM Capstone Projects

Intellectual property is drawing attention as an important policy tool to lower the unemployment rate in low-growth economies. The Korean Intellectual Property Office (KIPO) provides services that facilitate companies to effectively create intellectual property by operating local intellectual property support centers in connection with local governments. In this context, this research examine how the differences of intellectual property registration affect provincial unemployment rates by analyzing 10 years (2006-2015) of panel data with a fixed-effects regression model. According to my estimation results, intellectual property registrations have a statistically significant impact on provincial unemployment rates in South Korea. Since the reduction of …

A Study On The Impact Of Demographic Change On Housing Price In South Korea, Jungman Moon

MPA/MPP/MPFM Capstone Projects

In recent years, the demographic structure of South Korea as been changing. Although the total population is still growing, the population growth rate is shrinking due to the rapid decline in the birth rate and the aging population. On the other hand, the growth rate of the total number of households is decreasing, but the rate of one-person or two-person households is steadily increasing. Data by region from 2003 to 2016 are used to analyze how these changes in the size and composition of population and households affect housing prices. Since the patterns of changes in the housing price and …

Determinants Of An Individual's Suicide Intention In South Korea, Nam Keun Choi

MPA/MPP/MPFM Capstone Projects

This study has examined a variety of variables that influence an individual’ s suicide intention, and analyzed the impact of these variables. The data are from the 2014 wave of the Korea Welfare Panel Survey (KoWePS). I analyze data on 13,687 out of 17,134 survey participants.

The dependent variable of my study is suicide intention such as suicidal thoughts and behaviors. The independent variables are classified into three categories: socio-demographic, psychological and mental health. Socio-demographic variables are gender, age, education, marital status, and income. Psychological variables are self-esteem, satisfaction with life, and religion. Mental health variables are depression, alcohol use, …

The Determinants Of Childbirth Grants Of Local Governments In South Korea, Gi-Jung Kim

MPA/MPP/MPFM Capstone Projects

Declining fertility is one of the top policy issues in South Korea. To increase the birth rate, the government of South Korea has been enacting several fertility encouragement polices. Although almost all of the birth encouragement policies have been led by the central government, a childbirth grant program was developed by primary local governments themselves. The grant levels vary significantly between local governments.

I examine what explains the differences in the childbirth grant level by analyzing twelve years (2004-2015) of panel data with a fixed-effects model. Prior studies indicate that the extent of demand for a policy and the availability …

Housing Satisfaction In South Korea, Yoo Gunseuk

MPA/MPP/MPFM Capstone Projects

Since April 2013, the Korean government has implemented a series of plans to stabilize the housing market, which has suffered from falling housing prices and surging rent after the 2008 financial crisis. This study estimates the effectiveness of the government's plans by analyzing the housing satisfaction of 2012 and 2014 Korea Housing Survey (KHS). The data used in this study are collected from the KHS carried out by the Ministry of Land, Infrastructure and Transport (MOLIT)

This study uses 2012 and 2014 KHS to show that some variables and subcategories of household and housing attributes have positive or negative correlation …

A Study Of Determinants Of The Birthrate Change In South Korea, Kyunghoon Ahn

MPA/MPP/MPFM Capstone Projects

South Korea has experienced a sharp demographic transition from a high birthrate of 4.5 children per woman in the 1970s to a low birthrate of around 1.19 in 2013. A low birthrate can lead to big problems for South Korean society.

In response to such a low birthrate, the South Korean government introduced policies to increase the birthrate, such as providing subsidies for daycare costs and the supply of daycare facilities. The South Korean government has spent heavily on these programs. However, the birthrate stays very low. Also, other social and economic factors could affect the birthrate.

Therefore, I studied …

Cartel Leniency Program And Cartel Enforcement In South Korea, Kyung Jong Han

MPA/MPP/MPFM Capstone Projects

Korea Fair Trade Commission (KFTC) is in charge of competition and consumer protection policies in South Korea. Of these policies, the cartel leniency program is the most powerful enforcement tool to regulate cartel activities which expropriate consumer surplus and create social welfare deadweight loss. The cartel leniency program grants exemptions or reductions in penalties to firms involved in the cartel activities when they cooperate with the cartel investigation of a competition authority. The Korea cartel leniency program was first adopted in 1997 and considerably revised in 2004.

The cartel leniency program can enhance the cartel detection or discovery ability of …

Impact Of Intellectual Property Promotion For Small And Medium Sized Enterprises (Smes) In South Korea: An Examination Of Ip Star Program Impact, Jongseok Yoon

MPA/MPP/MPFM Capstone Projects

The creation of new processes and technology - in a word, innovation - is a powerful factor that determine s the progress of economies. The creation of new processes and technology can be accelerated by Intellectual Property Rights (IPRs).

However, many Small and Medium-sized Enterprises (SMEs) do not get the most out of their use of the intellectual property, even though they represent over 90 percent of enterprise s in South Korea. As a result, the Korean Intellectual Property Office (KIPO) has initiated support services for Small and Medium-sized Enterprises.

This study 's main focus is to examine the impact …

The Effect Of Direct Payments To Rice Farming Households In Korea, Jaehyung Kim

MPA/MPP/MPFM Capstone Projects

1) Background

Rice farming is a very important agricultural policy issue for the Korean government not only because rice is a staple food for the Korean population but because rice production is also an important source of income for those involved in rice farming. The importance of rice production to the agricultural sector of Korea is indicated by the fact that 49% of Korea’s agricultural land is devoted to rice production. Therefore, Korean agricultural policy has focused on rice production issues as well as the income of farmers involved in rice production.

To support rice farming income, the Korean government …

An Analysis Of The Effects Of Formula Funding Project In The Korea Higher Education System, Kyungsoo Park

MPA/MPP/MPFM Capstone Projects

In 2008, the Korean government launched a funding project that used formulas to select which four-year universities received funding from the government. The aim of the project was to improve university performance and educational quality, particularly with respect to undergraduate student outcome. However, there were few empirical studies on the project's actual impact. This study is an examination of three effects of the project. First, I analyze whether the project itself, regardless of funding, can bring about change in five formula indicators of all universities: employment rate, enrollment rate, full-time faculty rate, educational expenses per student, and scholarship rate. Second, …

An Analysis Of The Impact Of Housing Policies On Housing Prices In South Korea, Daeil Kwon

MPA/MPP/MPFM Capstone Projects

The South Korean government has been intervening in the housing market for a long time to either activate or stabilize housing prices. However, there is a controversy about the effect of housing policy in South Korea. I analyzed the effect of housing policies as well as other factor s (interest rate, cost of renting, inflation, stock price, unemployment rate, exchange rate) on housing prices nationally as well as in northern Seoul and in southern Seoul, from January 2000 to January 2015 (181 months of data).

According to the results of my regression analysis to test the effect of housing policies, …