Search results

The purpose of this paper is to investigate the aims of IPTV‐based public services in Korea.

This is a case study written based on the results of a government research project that the authors participated in.

Korea's IPTV promotion policies are driven with a strong force. Focusing on public as well as industrial benefits, the Korean government decided to provide public services through IPTV. For example, the Korean government introduced a plan called “tailored IPTV education services” to expand education services through IPTV. The study of this case is expected to provide implications about new public services under the ubiquitous environment that combines broadcasting and communication.

IPTV‐based public services are currently in trial phase. Therefore, additional research is necessary to analyze the effectiveness of services after a commercial launch.

This case serves as a reference for other countries that are pursuing public interests through the new media.

This is the first study that looks into the effects of IPTV‐based public services.

The growth of telecommunications spending is the single most vital factor for continuity of the virtuous circle in the overall information communications technology (ICT) industry. This article aims to attempt to gauge the future telecommunications expenditure potential of Korean households by adopting the Kuznets curve which considers the income turning point.

This study begins by examining the structural pattern of household telecommunications expenditures, and then analyzes them using the fully modified least squares estimation method. Household survey raw data collected on a quarterly basis between 1982 and 2005 were used.

The paper finds that the Korean telecommunication market has grown at a high pace and adopted new technologies quickly. Most previous studies on the Korean telecommunication market have predicted that growth will continue on the basis of the past trend of continuous growth in consumer communications service expenditure, and the technological innovations which have rapidly taken place in the industry over recent years. However, the research paper finds various interesting points that contradict the prediction.

The main research limitation is the range of telecommunication expenditures. The main idea was to examine the relationship between household income and communications expenditure based on the concept of Kuznets hypotheses and to calculate an income turning point to measure spending potential.

The case of Korea offers implications for other countries that are putting in special efforts to manage the telecommunications service market.

The Kuznets hypotheses have never before been utilized in gauging consumers' expenditure potential in the ICT industry, and therefore the process and results discussed in this paper can be classed as pioneering.

This chapter investigates the impact of the euro crisis on Asia’s short-term economic outlook. This chapter tries to answer this question by examining both the trade and financial channels of crisis transmission. More specifically, it looks at the effect of euro crisis on Asian exports and growth, contagion from EU financial markets to Asian financial markets, and influence of EU bank lending on credit growth in Asia. The chapter also touches upon Asia’s policy space to assess how well the region is positioned to weather another major external shock. This chapter finds that the impact of euro crisis on developing Asia points to a sizable but manageable short-term impact. Furthermore, our analysis points to a significant effect on the region’s financial systems, especially its banking sector. This chapter informs policymakers of the impact of the euro crisis and advice to continue to keep a close eye on eurozone developments and their ramifications for their economies.

The study's objective is to examine the relevance of globalization in affecting the size of the shadow economy in selected African nations.

To do this, the authors employ the KOF globalization index and implement both static and dynamic common correlated mean group estimators on a panel of 24 African nations from 1995–2017. This technique accommodates the issue of cross-sectional dependence, sample bias and endogenous regressors. Panel threshold analysis is also conducted to establish the nonlinearity between globalization and the shadow economy. To examine the causality between the variables, the study employs Dumitrescu and Hurlin's panel causality test.

The results show that globalization reduces the size of the shadow economy. The results of the nonlinear analysis suggest a U-shaped relationship. Overall globalization has a threshold impact of 48.837%, economic globalization has 45.615% and political globalization has 66.661% while social globalization has a threshold value of 35.744%. The results of the panel causality show that there is a bidirectional causality between the two variables.

The results suggest that the government and other relevant authorities need to introduce capital controls and other policy measures to moderate the degree of social, political and cultural diffusion. Appropriate policies should be formulated to monitor the extent of African economic openness to other continents to maximize the gains from globalization.

Apart from being the first study in the African region that evaluates the relevance of globalization in controlling the shadow economy, it also analyzes the dynamics and threshold analysis between the two variables using advanced panel econometrics which makes the study unique. The study suggests that globalization tools are useful for affecting the size of the shadow economy in Africa. This study provides fresh empirical evidence on the impact of globalization on the shadow economy in the case of Africa.