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pISSN : 1738-7132

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2017, Vol.26, No.2

  • 1.

    Comparative Research on Quasi-regulation among Australia, US and Korea

    김신 | Choi jin sik | 2017, 26(2) | pp.3~35 | number of Cited : 1
    Abstract PDF
    This study focuses on exploring the ways of rationalizing quasi-regulation in Korea through comparative research on quasi-regulation among Korea, Australia, and US. Various aspects of quasi-regulation are examined by adopting a research model analyzing major indicators such as inclusion, transparency, accountability, coherence, efficacy, adaptability, efficiency, conformity with public laws, effectiveness, and compliance. The tasks of Korea Occupational Safety and Health Agency in Korea, the National Standard for Organic and Biodynamic Produce in Australia, 33/50 Program in US are compared based on the conceptual model. Some implications could be derived from the analysis of quasi-regulation as follows. First, various stake-holders have to be included in decision making and enforcement of quasi-regulation. Second, regular inspection and assessment are needed to monitor whether quasi-regulation agencies are equipped with performance capacity. Third, voluntary compliance should play an important role of achieving performance targets of quasi-regulation
  • 2.

    The Effect of Zoning Regulation on Traditional Markets: A Study using Difference-in-Differences Approach

    Hahn Shik Lee | Jinhwa Chung | Kim, Woo-Hyoung | 2017, 26(2) | pp.37~61 | number of Cited : 5
    Abstract PDF
    In this paper, we investigate the economic impact of zoning regulation on traditional markets in Korea. We estimate the changes in the amount of sales per square meter of traditional market in urban area by conducting panel DID (difference in differences) analysis. Our results show that the zoning regulation, which is called Traditional Commercial Activity Protection Zones, has contributed to reducing SSM’s entry near traditional market, but not to improving in their actual business performance. In particular, unlike large discount stores, which are identified as clear competitor with traditional markets, we could not find any evidence that the SSMs caused the decline of traditional markets in urban area.
  • 3.

    A Study on Private gain in the Assembly-introduced Bills: Focused on Universality of Benefits of Regulation

    Shinhoi, Heo | Tae-Yun Kim | 2017, 26(2) | pp.63~96 | number of Cited : 2
    Abstract PDF
    The purpose of this study is, based on the perspective of political economy, to prove that the tendency of the politicians to pursue the self-interest in the process of regulatory legislation. In particular, the existing studies about the influencing factors of the legislative system were reviewed to build research hypotheses and a research model for this study. Since there are not many preliminary studies related to this theme, this research brought the concept from legislative theory in political science. Legislative regulatory monitoring results were used as the analysis data to test the hypotheses. Analysis results confirms that politicians tend to pursue private interest. Despite some limitations, this study reaffirms that the assumption of political economy on politicians is still useful in studying legislative regulation.
  • 4.

    A New Perspective on Corruptive Practices of Korean Private Preschools

    김정호 | 2017, 26(2) | pp.97~119 | number of Cited : 8
    Abstract PDF
    We often encounter news of corruption scandals involving embezzlement, illegal internal transactio, and inadequate hiring of founder’s family members of Korean private preschools. The paper reveals that much of this corruption stems from sudden and unjust institutional changes, not because of the individual immorality of preschool owners. Originally, large portion of Korean private preschools started in the form of self-employed business, like restaurants and private hospitals. Therefore there was no legal distinction between the money of preschool owner and the preschool itself. After 2012, government began to regard all the private preschools as legal persons and prohibited transferring preschool’s money to the owner which had been regarded as natural aspect of managing preschools. Extracting income from the preschool that the owner founded himself or herself has become a crime. Such a policy change violates both the privates property right by the Constitution of Koreaand the principle of trust prescribed by the Administration Act. If current policy persists, many private preschools will be replaced by public ones and the cost of early childhood education will soar because unit cost of education of public preschools is double that of private ones. If we want to prevent such tragic situation from happening, government should allow transition period and appropriate compensations for the contributions of preschool owners.
  • 5.

    Regulatory Reform for Promoting Innovation in the Fields of Autonomous Driving and Advanced Driver Assistance System

    Bae Kwanpyo | 김영지 | 2017, 26(2) | pp.121~145 | number of Cited : 1
    Abstract PDF
    This study forecasts future of regulatory reform for promoting innovation in the fields of autonomous driving and Advanced Driver Assistance System (ADAS). Christensen(1997) argues that progress of disruptive and sustaining technologies goes together until the disruptive technology finally reorganizes industrial structure - the process is called disruptive innovation. Since it needs more time for the autonomous driving to be fully implemented in the market through the disruptive innovation, ADAS will continue to support human drivers at least for decades. This study reviews the regulatory framework of the United States, as the country is leading the advancement in autonomous driving and provides recommendations on how the government should reform its regulatory scheme to promote technological innovations; it suggests regulatory reinforcement to spread sustaining technology, such as ADAS, and argues for deregulation to stimulate the innovation of disruptive technology, i.e. autonomous driving technology.
  • 6.

    Analysis of the Characteristics of Performance Efficiency of Public Enterprise-Centered R&D Projects : Focusing on the Research Performance of the National Energy R&D Program for Energy Technology

    조정래 | Tae-Yun Kim | 2017, 26(2) | pp.147~187 | number of Cited : 4
    Abstract PDF
    This study analyzed the investment efficiency related to research performance according to the main research institute type and business field of National R&D Program for Energy Technology. In particular, it is the focus of research to investigate the performance difference of public enterprises playing a major role in energy technology compared to other types of institutes and the performance difference due to influence of public enterprises depending on the business sector of energy technology. As analysis results according to the research institute type of R&D projects, public enterprises showed higher efficiency of academic performance than private enterprises, and technological and economic performance efficiency was lower. In terms of economic performance efficiency, there was a clear difference between the research institute types. Public enterprises showed lower efficiency than private enterprises, but higher than non-enterprises such as government-funded research institutes and universities. In addition, the efficiency of economic performance of the electric power and nuclear power field, where the government has strong monopoly power, turned out to be low.
  • 7.

    The Impact of the Improper Solicitation and Graft Act on Micro-enterprises Survey Index

    양준석 | Jang, YoonSeop | 2017, 26(2) | pp.189~213 | number of Cited : 3
    Abstract PDF
    Heated controversies continues over a year ever since the Improper Solicitation and Graft Act(hereinafter referred to as“the Act”) put into effect from 2016 in Korea. However, surprisingly few researches have focused on the economic impact of the act. This paper empirically investigates the economic effects of the act on micro-enterprises. Specifically, We construct a difference-in-differences regression model with micro-enterprises s urvey index in order to estimate the actual effect of the act on micro-enterprises’business sentiments. We distinguish the industry group directly affected by the act (food, retail services) from the rest industry group(real estate, repair services and etc.), comparing two group’s differences in business survey index before and after the act is enforced. To estimate actual effects of the law, we control the variables such as seasonality, business fluctuations and industry specific characteristics which possibly affect micro-enterprises survey index. Our estimation results are summarized as following. After the law put in effect, survey index of affected group significantly decreased. The estimated effects remain statistically significant in robustness test model.