소비에 대한 요인별 세계화의 영향 분석

• 영문명: The Influences of the Globalization Factors on Consumption
• 발행기관: 강원대학교 경영경제연구소
• 저자명: 윤재형(Jai-Hyung Yoon)
• 간행물 정보: 『아태비즈니스연구』제10권 제4호, 119~135쪽, 전체 17쪽
• 주제분류: 인문학 > 문학
• 파일형태: PDF
• 발행일자: 2019.12.30

영문 초록

This study analyzes the effects of trade globalization and financial globalization on consumption classified by type(durable, quasi-durable, non-durable and service). On the other hand, trade globalization and financial globalization were decomposed into OECD common factor, regional factors, and the idiosyncratic country-specific factors by time-varying dynamic factor analysis. The characteristics of OECD common factor, regional factors, and the idiosyncratic country-specific factors of trade and financial globalization were analyzed. Furthermore, the influences of these factors on consumption by type were analyzed. The analysis shows that globalization has negative effects on consumption. In particular, we found out that the idiosyncratic country-specific factor of Korea in trade and financial globalization had a statistically significant negative effect on consumption. We can infer that the globalization affecting consumption can be attributed to the idiosyncratic country-specific factor, which is economic choice rather than uncontrollable global trend. Accordingly, to solve the sluggish consumption problem caused by globalization, it is necessary to require not only domestic consumption expansion policies but also the efforts to resolve economic polarization problems to be able to stimulate consumption.

목차

Ⅰ. 서론

Ⅱ. 분석자료 및 추정모형

Ⅲ. 시간가변형 동학적 요소분석모형에 의한 세계화지표 분해

Ⅳ. 소비함수의 추정 결과

Ⅴ. 결론

키워드

Globalization Economic Polarization Cointegration Test Time-Varying Dynamic Factor Model