Development and Policy of Proper Management Estimation of Domestic Service Industry in Comparison with OECD Countries for Advancement of Korean Service Industry

• 발행기관: 한국유통과학회
• 저자명: Geun Ha Suh Sung Wook Yoon
• 간행물 정보: 『유통과학연구(JDS)』제12권 제11호, 25~34쪽, 전체 10쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2014.11.30

영문 초록

Purpose - Considering that the governments' official statistics on the optimum scale of the domestic service industry will be crucial in future, this study's results will be used as an important benchmark to develop and verify the parameters in the government's official statistics. Research design, data, and methodology - To identify the appropriate scale of Korea's service industry and its adequacy, I have determined them through estimation using a regression method involving panel data analysis on the panel data of 30 OECD countries. Results - The regression coefficient provided indications of being non-linear. This means that a U-shaped curve relationship exists-that is, the level of the economic growth leverage decreases along with the service industry's growth up to the level of 70.9% in terms of the Korean service industry's adequacy; it increases along with the service industry's growth at a level higher than 70.9%. Conclusions - While the current proportion of the size of the service industry among all industries in Korea stands at 50.7%, its proper proportion estimated by a regression analysis was 70.9%.

목차

Abstract

1. Introduction

2. Theoretical background

3. Design of empirical analysis and measurement of parameters to be analyzed

4. Result of empirical analysis

5. Conclusion

References

키워드

Estimation Service Industry OECD Korean Panel data GDP