Korean | English

pISSN : 1738-7132

2020 KCI Impact Factor : 0.79
Aims & Scope
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『Regulatory Study』 is an academic journal published by the Korea Society for Regulatory Studies and aims to revitalize research on regulatory reform to create a market economy. By providing a venue for academic research related to regulation through this journal, research in the field of government regulation can be deepened, awareness of the necessity and importance of regulatory research can be spread to the academic community, and meaningful policy proposals for regulatory management can be made.   The scope of 『Regulatory Study』 is related to the development and diffusion of regulatory theories, verification of the effectiveness of regulatory policies, research on developing regulatory management tools, and in-depth understanding of market economy. Other studies on the relationship between policies and markets, such as studies on the impact of various government policies on the market economy, can be the subject of this study.   Therefore, studies related to the above topics are subject to review and publication in this journal, and the editorial committee expects these studies to be actively sumitted to the journal.
Editor-in-Chief
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Kim, Jinguk

(Paichai University)

Citation Index
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  • KCI IF(2yr) : 0.79
  • KCI IF(5yr) : 0.93
  • Centrality Index(3yr) : 1.156
  • Immediacy Index : 0.2

Current Issue : 2021, Vol.30, No.1

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  • K-Regulation and Digital Economy

    Ray Jo | 2021, 30(1) | pp.3~8 | number of Cited : 0
  • Analysis of the employment impact of the minimum wage increase in 2018 and its implications

    Jin Sung Yoo | 2021, 30(1) | pp.9~28 | number of Cited : 0
    Abstract PDF
    In this study, I analyzed the effect of the rapid increase in the minimum wage in 2018 on employment using the recent Korean Welfare Panel Study. As a result, it was found that the sharp increase in the minimum wage in 2018 reduced the employment rate of those subject to the minimum wage by about 4.1 to 4.6 percentage points. It is also analyzed that about 27.4~30.5% of the unemployed ratio in the group subject to the minimum wage is due to the rapid increase in the minimum wage in 2018. As it has been shown that a sharp increase in the minimum wage has a negative effect on employment, it is necessary to refrain from rapid increase in the minimum wage in the future. If a minimum wage increase is inevitable, it is necessary to avoid a big increase and find ways to reduce the negative impact on the employment, for example, by gradually increasing the minimum wage, or applying differentiated level by industry to the minimum wage, and so on.
  • An Analysis on the Environmental Cost from the Deregulation of the Regulation on Supervision of Electronic Financial Transactions

    Seungyoon Lee | Lim, Byung-in | 2021, 30(1) | pp.29~53 | number of Cited : 0
    Abstract PDF
    Korea government relaxed the regulation of Electronic Finance Supervision(hereafter, EFS) in January, 2019 before global IT companies have established a Data Center for private financial information. The deregulation made the Microsoft and the Google build in 2019 and provide the Cloud Service in 2020, and also many global IT companies, like Apple, Oracle, Facebook, declared that the Data Center would construct in Korea. We estimate the environmental cost from a Data Center under an assumption that the electric power facility capacity of a Data Center is 40, then it cost about 6.4 billion Korean Won, and converted it to the present value, 87 billion Korean Won, by using both the life cycle period(20 year) of a Data Center and the social discount rate(4.5%). It implies that Data Center has a negative influence on the environment. Nevertheless, the EFS deregulation does not provide any kinds of restrictions or conditions on the environment now. In fact, overseas global IT companies are well aware of the environmental problems induced by their Data Centers and steadily make efforts to use the renewable energy more, but they don’t still take the same action in Korea. In this context, we derive a following policy implication: any kinds of supplementary and environmental condition for overseas global IT companies to deploy and build the Data Center in Korea should be added, i.e., the production of the electricity with a renewable energy by themselves, etc.
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