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South Korea’s economic revitalization strategy post COVID-19 pandemic

2023· article· en· W4390770730 on OpenAlexaboutno aff
Donghun Yoon

Bibliographic record

VenueEconomics & Sociology · 2023
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicCOVID-19 Pandemic Impacts
Canadian institutionsnot available
Fundersnot available
KeywordsRecessionGovernment (linguistics)Real estateQuarter (Canadian coin)PandemicEconomicsDevelopment economicsBusinessEconomic recoveryPanel dataGlobal recessionEconomic growthAsset (computer security)Coronavirus disease 2019 (COVID-19)Economic policyFinanceGeographyMacroeconomics

Abstract

fetched live from OpenAlex

The COVID-19 pandemic has caused serious problems in South Korea that led to an economic recession, stunted national growth, a huge gap between the real estate market and the asset market, and job instability in almost all sectors. Like most countries around the world, South Korea has aggressively implemented economic policies to overcome the debilitating effects of the pandemic, actively pursuing policy countermeasures that focused on what it called the Korean New Deal. To measure the effects of the Korean New Deal on the revitalization of the nation, this research paper used a dynamic regression model to analyze its impact on the economy. Our research used panel data on South Korea’s resulting economic growth rate and the supplementary budget the government provided to attain it. Our analysis showed that the supplementary budget created by the South Korean government did have an effect on the quarterly economic growth rate compared to that of the previous quarter. However, compared to the previous year’s economic growth rate, the government’s supplementary budget investment was unable to augment the yearly growth rate. It is our hope that these findings and the analysis of these outcomes will contribute to the formulation and implementation of a more efficient set of economic policies by the South Korean government for overcoming the adverse effects of the COVID-19 pandemic on the nation’s economic life and well-being.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow), Insufficient payload (model declined to judge)
Consensus categoriesInsufficient payload (model declined to judge)
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.385
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.001
Meta-epidemiology (narrow)0.0000.001
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0010.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0010.000
Insufficient payload (model declined to judge)0.0020.012

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.113
GPT teacher head0.321
Teacher spread0.208 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; both teacher heads agree on what is shown here.

Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2023
Admission routes1
Has abstractyes

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