훐맺뗘쟸뺭볃퓶뎤뗄쟷춬폫닮틬ꦤꦤ뛔컷늿뾪랢햽싔뗄웴쪾
훐맺뗘쟸뺭볃퓶뎤뗄쟷춬폫닮틬ꦤꦤ뛔컷늿뾪랢햽싔뗄웴쪾1닌镐 뚼퇴튻틽 퇔쪵쪩컷늿뾪랢햽싔늢쟒풤웚좡뗃돉릦짐폐튻쾵쇐뗄샭싛컊쳢탨튪볓틔뷢뻶늢쟒룹뻝쟸폲뺭볃퓶뎤뗄샺쪷맽돌퓚뺭퇩짏ퟷ돶횤쏷쫗쿈탨튪쳡돶뗄컊쳢쫇뛔컷늿뗘쟸뷸탐쟣킱탔춶쓜럱닺짺킧맻벴볓뿬룃뗘쟸뗄뺭볃퓶뎤쪵쪩컷늿뾪랢햽싔뗄쒿뗄퓚폚춨맽헾뢮뗄춶얬솦쪹헢튻뗘쟸뺭볃퓶뎤쯙뛈뿬폚뚫늿뗘쟸듓뛸퓚뺭맽튻뚨쪱볤횮뫳뗘쟸닮뻠쟷폚쯵킡듓뺭볃퓶뎤샭싛뗄뷇뛈살쮵헢컞틬폚쳡돶헢퇹뗄컊쳢틔훐맺뚫늿훐늿뫍컷늿뗘쟸뮮럖캪쳘뗣뗄쟸폲뺭볃퓶뎤쫇럱듦퓚ퟅ튻훖쟷춬뗄쟷쫆탂맅뗤뺭볃퓶뎤샭싛볙짨놾놨돪뻟폐뗝복뗄쳘헷평폚뷏랢듯뗘쟸놾춶죫뇈늻랢듯뗘쟸돤풣뗃뛠틲뛸뷏퓧폶떽놾놨돪뗝복쿖쿳쿠랴뗘늻랢듯뗘쟸놾놨돪뗝복쿖쿳뻍살뗃동튻킩틲뛸뿉틔좡뗃뷏뿬뗄퓶뎤쯙뛈랢듯뗘쟸폫늻랢듯뗘쟸퓶뎤쯙뛈횮볤뗄헢룶닮틬죧맻뗃틔놣돖튻뚨뗄쪱볤늻랢듯뗘쟸뻍믡룏짏랢듯뗘쟸뮻뻤뮰쮵튻룶맺볒뗄죋뻹쫕죫퓶뎤쯙뛈폫웤죋뻹쫕죫뗄웰쪼쮮욽돊뢺쿠맘맘쾵(샽죧닎볻Barro1998)뺭볃퓶뎤샭싛냑헢훖뿉쓜뗄쿖쿳뷐ퟶ뺭볃퓶뎤뗄쟷춬(convergence)쿔뛸틗볻뗄쫇횻폐떱훐맺쟸폲뺭볃퓶뎤훐듦퓚헢훖쟷춬쿖쿳쪱컷늿뾪랢햽싔닅뿉쓜좡뗃풤웚뗄킧맻퓚맽좥튻뛾쪮쓪훐뺭볃퓶뎤샭싛뗄튻룶죈뗣퇐뺿랽쿲뻍쫇뷢쫍캪쪲쎴튻킩맺볒믲뗘쟸좡뗃뺭볃퓶뎤뗄돉릦뛸쇭튻킩좴쪧냜쇋떼훂뺭볃퓶뎤돉릦믲쪧냜뗄틲쯘쫇쪲쎴실뫳맺볒폐쎻폐쾣췻쪵쿖룏뎬뮻뻤뮰쮵뻍쫇쫇럱듦퓚ퟅ뺭볃퓶뎤싊믲쫕죫쮮욽퓚맺볒뫍뗘쟸횮볤쟷춬뗄쟷쫆튻킩뺭볃톧볒샻폃뿧맺쫽뻝뎢쫔퇩횤쟷춬볙쮵샽죧낢늼삭쒪캬듄(Abramovitz1986)샻폃16룶맺볒1870-1979쓪웚볤뗄샺쪷쫽뻝볆쯣쇋돵쪼샍뚯짺닺싊폫쯦뫳뗄샍뚯짺닺싊뇤뮯횮볤뗄뗈벶쿠맘쾵쫽(rank correlation)랢쿖퓚헢킩맺볒훐짺닺싊듦퓚ퟅ폫떱쪱ퟮ랢듯뗄맺볒ꦤ쏀맺뺭볃뗄쟷춬쟷쫆늻맽헢16룶맺볒좫늿쫇컒쏇쿖퓚쯹캽뗄랢듯맺볒쫂쪵짏뫳살뗄퇐뺿뇭쏷늢쎻폐튻훖웕뇩듦퓚뗄쟷춬쿖쿳쟷춬춨뎣횻듦퓚폚ퟮ뢻풣뗄맺볒횮볤틔벰ퟮ욶쟮뗄맺볒횮볤(Ben-David1998Barro and Sala-i-Martin, 1992)죋쏇폃쟷춬뻣샖늿살쏨쫶헢 1ퟷ헟룐킻췵뗂컄캪놾컄킴ퟷ쳡릩뗄폐틦붨틩뫍쿠맘쇏틔벰폫붯쓋뮪뗄쳖싛1
훖럖ퟩ뇰탔훊뗄쟷춬쳘헷퓚헢훖쟷춬뻣샖늿쓚쟷춬춨뎣쫇뻸뛔뗄뛸ퟮ욶쟮뗄쟷춬뻣샖늿췹췹틢캶ퟅ욶삧맺볒쿲욶삧쿝?뗄쟷춬훐맺쟸폲뺭볃퓶뎤쫇럱튲탎돉쇋헢훖쟷춬뻣샖늿킧펦쓘죧맻듰낸쫇뿏뚨뗄뮰쿠뛔욶삧뗄뗘쟸뻍폐뿉쓜쿝죫욶삧쿝?탎돉욶삧뗄뛱탔톭뮷뛸쓑틔냚췑돶살컷늿뾪랢햽싔뿉쓜닺짺늻쇋풤웚뗄킧맻틲듋컒쏇튪믘듰뗄쇭튻룶컊쳢쫇쟷춬뻣샖늿쫇럱튻뚨쫇뻸뛔뗄뛔폚욶삧뗘쟸살쮵폐쎻폐냚췑욶삧쿝?뗄믺믡탂맅뗤뺭볃퓶뎤샭싛뗄뷸튻늽퇐뺿랢쿖쪵볊짏맣랺뗘듦퓚ퟅ튻훖쯹캽뗄폐쳵볾쟷춬벴퓚뿘훆쇋훮죧죋솦놾뇼뢳뒢탮싊죋뿚퓶뎤싊뗈튻쾵쇐펰쿬뺭볃퓶뎤뗄쳵볾횮뫳룷맺뺭볃퓶뎤싊뇭쿖돶쟷춬뗄쟷쫆샽죧냍싞(Barro19911998)샻폃냼삨랢듯맺볒뫍랢햹훐맺볒퓚쓚뗄뿧맺쫽뻝횤쪵쇋헢훖폐쳵볾쟷춬쿖쿳뗄듦퓚웤몭틥쫇쮵죧맻볙짨룷맺퓚죋솦놾뒢탮쟣쿲죋뿚퓶뎤싊헾훎컈뚨뫍쏱훷뮯돌뛈뗈랽쏦쳵볾쫇튻퇹뗄맺볒횮볤뗄뺭볃퓶뎤싊듦퓚ퟅ쟷춬뗄쟷쫆헢쪵볊짏쳡쪾컒쏇볓뿬실뫳뗘쟸뗄뺭볃퓶뎤탨튪싺ퟣ쓄킩쳵볾믲헟쮵듓쓄킩쳵볾뗄뒴퓬랽쏦뿉틔쪵쿖뺭볃퓶뎤뗄쟷춬훐맺뗄뺭볃퓶뎤쪼훕듦퓚ퟅ쟸폲닮뻠틲듋룄룯뾪럅틔살뗄훐맺뺭볃퓶뎤룷룶뗘쟸쫇듓늻춬뗄웰뗣짏웰늽뗄듳뛠쫽퇐뺿헟뚼랢쿖룄룯틔살쟸폲뺭볃랢햹닮뻠늻뷶볌탸듦퓚뛸쟒돊쿖삩듳뗄쟷쫆(쇖틣럲뗈1998췵짜맢뗈1999)헽쫇퓚헢훖놳뺰횮쿂떳훐퇫뫍맺컱풺뻶뚨쪵쪩컷늿뾪랢햽싔볓뿬쿠뛔실뫳뗘쟸뗄뺭볃랢햹쯙뛈놾컄쓢춨맽뛔뻶뚨쟸폲뺭볃퓶뎤뗄틲쯘떼훂닮틬뗄풭틲뫍쟷춬뗄쳵볾뷸탐튻킩뺭퇩퇐뺿틔춼캪쪵쪩컷늿뾪랢햽싔쳡릩벸뗣헾닟붨틩뛾룄 룯틔살뗘쟸닮뻠뇤뮯뗄탍쪽탭뛠퇐뺿헟맛달떽룄룯틔살훐맺뗄뗘쟸랢햹닮틬뇈뷏춻돶뗘뇭쿖퓚죽샠뗘쟸횮볤(죧쇖틣럲뗈1998)듓춳볆럖컶짏살뾴헢뻍쫇쮵퓚좫맺뗄ퟜ쳥뗘쟸닮틬훐뚫늿훐늿뫍컷늿뗘쟸횮볤닮틬뗄릱쿗쫇삩듳뗄춨맽냑첩뛻횸1쫽(Theil entropy)뷸탐럖뷢컒쏇뿉틔냑좫맺헻쳥뗄죋뻹맺쓚짺닺ퟜ횵뗘쟸닮틬뻟쳥뗘럖뷢캪쯄룶살풴뚫늿뗘쟸쪡볊닮틬훐늿뗘쟸쪡볊닮틬컷늿뗘쟸쪡볊닮틬틔벰뚫늿훐늿뫍컷늿죽샠뗘쟸횮볤뗄닮틬춨맽뷸탐춳볆럖컶컒쏇뿉틔뾴떽퓚1978-1998쓪웚볤쯦ퟅ헻쳥뗘쟸닮틬횸뇪뺭샺쇋튻룶쿈붵뗍뫳짏짽뗄맽돌뗄춬쪱(1)뚫늿뗘쟸쓚늿죋뻹맺쓚짺닺ퟜ횵뗄쪡볊닮틬뛔좫맺헻쳥뗄뗘쟸닮틬릱쿗럝뛮ퟮ듳떫돊쿖쏷쿔뗄쿂붵쟷쫆듓%쿂붵캪%(2)훐늿뗘쟸쓚늿죋뻹맺쓚짺닺ퟜ횵뗄쪡볊닮틬뛔좫맺헻쳥뗄뗘쟸닮틬 1 맘폚럖뷢첩뛻횸쫽뗄랽램쟫닎볻Shorrocks(1980)2
릱쿗럝뛮뫜킡튲돊쿂붵쟷쫆(3)컷늿뗘쟸쓚늿죋뻹맺쓚짺닺ퟜ횵뗄쪡볊닮틬뛔좫맺헻쳥뗄뗘쟸닮틬릱쿗럝뛮튲캢늻ퟣ뗀쟒돊쿖쿠춬뗄쿂붵쟷쫆(4)뚫훐컷죽샠뗘쟸횮볤죋뻹맺쓚짺닺ퟜ횵닮틬뛔좫맺헻쳥뗘쟸닮틬뗄릱쿗럝뛮뫜듳돊쿖돶쏷쿔뗄쳡룟쟷쫆듓%쳡룟떽%(뇭튻)뇭튻 죽샠뗘쟸쓚늿벰횮볤닮틬뛔헻쳥닮틬뗄릱쿗럝뛮(%)쓪럝뚫늿릱쿗훐늿릱쿗컷늿릱쿗뗘쟸볤릱쿗첩뛻횸쫽쇏살풴탂훐맺컥쪮쓪춳볆쇏믣뇠훐맺춳볆돶냦짧2000평듋뿉틔뾴돶튻훖뻣샖늿쟷춬쟣쿲벴뚫늿훐늿뫍컷늿뗘쟸럖뇰탎돉뇋듋뿉틔쪶뇰뾪뗄뻣샖늿늢퓚쓚늿탎돉쟷춬쟷쫆뻟쳥맛달죽샠뗘쟸쓚늿뫍횮볤뗄닮틬뇤뮯탍쪽랢쿖뚫늿뗘쟸훐뗄쓚늿쟷춬돊쿖돶룄룯틔잰뷏랢듯뗘쟸뇤뮯뇈뷏컈뚨뛸쿠뛔실뫳뗘쟸틔뷏뿬뗄쯙뛈룏짏살뗄쳘헷훐컷늿뗘쟸퓲뇭쿖돶룄룯틔잰쫕죫쮮욽뷏뗍뗘쟸뇤뮯뷏컈뚨뛸쿠뛔쫕죫뷏룟뗘쟸실쿂살뗄쳘헷(Lin et. Al., 1997)헢폫뺭볃퓶뎤샭싛컄쿗훐쯹맛달떽뗄웤쯻맺볒뗄뺭퇩쪮럖쿠쿳(Ben-David1998)틲뛸돉캪튻훖뗤탍뗄뻣샖늿쟷춬쿖쿳튻냣살쮵죋뻹쫕죫쮮욽퓚쟸폲볤뗄닮틬쫇퓶뎤싊닮틬뗄뷡맻퓚폐맘쟷춬뗄퇐뺿훐춨뎣퇐뺿헟냑쟷춬쿖쿳쟸뇰캪죋뻹쫕죫쮮욽짏뗄쟷춬(뇭쪾캪쟷춬)뫍뺭볃퓶뎤싊짏뗄쟷춬(뇭쪾캪쟷춬)솽샠룄룯틔살훐맺뗘쟸횮볤뻟폐뷏듳뗄퓶뎤싊닮틬떼훂죋뻹쫕죫쮮욽닮틬뗄삩듳헢튻퓶뎤싊닮틬삩듳뗄쟷쫆춬퇹랴펳퓚뚫훐컷죽샠뗘쟸횮볤1978-1998쓪웚볤맺쓚짺닺ퟜ횵쓪욽뻹퓶뎤싊퓚뚫늿뗘쟸욽뻹캪%쪡볊쓪뻹퓶뎤싊뗄뇪ힼ닮캪%훐늿뗘쟸쓪뻹퓶뎤싊욽뻹캪%뇪ힼ닮캪%컷늿뗘쟸쓪뻹퓶뎤싊욽뻹캪3
%뇪ힼ닮캪%짏쫶훐맺룄룯틔살쟸폲뺭볃퓶뎤탍쪽벰웤쳘헷낵쪾컒쏇헢퇹튻훖쟷춬쟷쫆벴듓좫맺살뾴늢늻듦퓚ퟅ튻훖웕뇩뗄쟷춬쟷쫆뛸쫇뇭쿖캪뚫늿훐늿뫍컷늿뗘쟸쓚늿뗄쟷춬틔벰죽샠뗘쟸횮볤뗄닮틬쟷쫆캪쇋뷸튻늽볬퇩헢훖펡쿳컒쏇폃죋뻹맺쓚짺닺ퟜ횵퓶뎤싊뛔돵쪼쓪뛈(1978쓪)뗄죋뻹맺쓚짺닺ퟜ횵쮮욽ퟷ튻풪믘맩럖뇰맛달쫇럱듦퓚ퟅ좫맺뚫늿뗘쟸훐늿뗘쟸컷늿뗘쟸뫍훐컷늿뗘쟸뗄쟷춬쟷쫆뇭뛾훐뗄믘맩뷡맻뇭쏷뚫늿뗘쟸쓚늿뫍훐늿뗘쟸쓚늿뚼돊쿖쿔훸뗄쟷춬쟷쫆좫맺뫍컷늿뗘쟸뚼쎻폐쿔쪾돶춳볆짏쿔훸뗄쟷춬쟷쫆떫냑훐컷늿뗘쟸뫏늢웰살뾼달쿔훸탔폐쯹쳡룟틢캶ퟅ훐늿뫍컷늿뗘쟸퓚쒳훖돌뛈짏뗄쟷춬뛸룹뻝틔췹뗄맛달죧맻뗄좷듦퓚훐컷늿뗘쟸뗄쟷춬뗄뮰퓲쫇틔훐늿뗘쟸뗄쿂실캪쳘헷뗄뇭뛾 좫맺벰뗘쟸쓚늿뗄퓶뎤싊쟷춬볬퇩좫맺뚫늿훐컷늿훐늿컷늿Log(gdp78)()()()()뷘뻠 ()()()()()쇏살풴탂훐맺컥쪮쓪춳볆쇏믣뇠훐맺춳볆돶냦짧2000삨뫅훐뗄쫽횵캪t횵죽쳵 볾쟷춬뫍뻶뚨쟸폲랢햹뗄틲쯘캪쪲쎴퓚훐맺쟸폲뺭볃탎돉쫕죫쮮욽닮틬뫍퓶뎤싊닮틬뗄춬쪱뮹폐튻훖뻣샖늿쟷춬쿖쿳뮻뻤뮰쮵캪쪲쎴죽샠뗘쟸횮볤쳘뇰쫇뚫늿폫훐컷늿뗘쟸뛔뇈훐뗄랢햹닮틬뛔훐맺쟸폲뺭볃헻쳥닮틬뗄펰쿬풽살풽듳뫜ퟔ좻뗘컒쏇믡틔컯틔샠뻛뗄쮼뾼랽램쫔춼랢쿖퓚쟷춬뻣샖늿훐듦퓚ퟅ쓄킩릲춬뗄틲쯘ퟨ낭믲듙뷸웤뺭볃퓶뎤쯙뛈뛸퓚뻣샖늿횮볤폖듦퓚ퟅ쓄킩ퟮ캪믹놾뗄닮틬잡뫃냑늻춬뗄뻣샖늿쟸뇰뾪살틲듋폐뇘튪냑뚫늿뗘쟸럖뇰폫훐늿뫍컷늿뗘쟸ퟷ캪늻춬뗄쟷춬뻣샖늿뇈뷏웤쓚늿릲춬뗣뫍횮볤뗄닮틬뗣듓폐쳵볾쟷춬볙쮵뗄뷇뛈뾴헢훖뇈뷏뗄뷡맻펦룃쫇헒돶뻶뚨실뫳뗘쟸볓뿬뺭볃퓶뎤뗄쳵볾죋쏇쫗쿈믡맛달떽뗄쫇늻춬뻣샖늿횮볤돵쪼죋뻹쫕죫뗄늻춬죧맻컒쏇틔룄룯틁쪼ퟷ캪뾼달뗄웰뗣평폚쪵쪩뒫춳뗄뺭볃랢햹햽싔틑뺭탎돉쇋뗘쟸랢햹뗄뻞듳닮뻠쯹틔듓튻뾪쪼뚫늿뗘쟸폫훐컷늿뗘쟸뻍뒦폚늻춬뗄퓶뎤웰엜쿟짏헢쿠볌펰쿬떽죽샠뗘쟸횮볤뗄춶싊뫍뻍튵싊틔뎣맦춶죫튪쯘뗄랽쪽펰쿬뺭볃퓶뎤싊늻맽퓚쟷춬볙쮵뾴살룷룶뗘쟸늻춬뗄돵쪼쫕죫쮮욽잡잡쫇닺짺쟷춬쿖쿳뗄풭틲튲뻍쫇쮵죧맻웤쯻쳵볾싺ퟣ뗄뮰돵쪼뗣짏죋뻹쫕죫쮮욽펦룃폫쯦뫳뗄퓶뎤쯙뛈돊뢺쿠맘맘쾵쯹틔컒쏇붫벯훐폚뾼달펰쿬쟷춬킧맻뗄웤쯻틲쯘믲쳵볾벴퓶뎤뺭볃톧볒쯹캽뗄짧믡쓜솦(Abramovitz1986)듓돵쪼쳵볾짏뾴죋솦놾뇼뢳뗄닮틬쫇튻룶펰쿬뺭볃퓶뎤싊뗄훘튪틲4
쯘쫗쿈죋솦놾쫇퇐뺿폫뾪랢훐뗄튻훖맘볼춶죫욷뛸뫳헟폖믡닺짺탂뗄닺욷뫍쮼쿫늢떼훂벼쫵뷸늽Romer1990웤듎튻룶뺭볃뗄죋솦놾뗄듦솿풽룟웤컼쫕탂닺욷뫍탂쮼쿫뗄쓜솦튲뻍풽잿(Nelson and Phelps1966듋췢죋솦놾뛔폚뺭볃랢햹뗄ퟷ폃뮹쳥쿖폚웤뿉쓜닺짺뗄췢틧킧펦Becker,Murphy, and Tamura, 1990죧튻룶뗘쟸뗄죋솦놾듦솿퓶볓믡붵뗍짺폽싊쮮욽뗈쪵볊짏떼훂쟷춬뗄돵쪼틲쯘늢늻뷶뷶쫇돵쪼죋뻹쫕죫닮틬벼쫵쮮욽뗄닮틬룸폨실뫳뗘쟸뷨본뗄믺믡틲웤톧쾰돉놾듳듳뗍폚랢듯뗘쟸뗄뾪랢돉놾뛸뿉쓜떼훂쟷춬뗄랢짺뛸죋솦놾뇼뢳뗄돵쪼쮮욽뻶뚨쇋튻룶뗘쟸뗄헢훖톧쾰쓜솦죋솦놾뗄뫢솿폐뛠훖랽램쯤좻죋솦놾냼삨뷌폽뫍붡뾵솽룶랽쏦떫듳뛠쫽쟩뿶쿂뿉틔폃랴펳뷌폽쮮욽뗄횸뇪ퟷ캪듺샭뿉탐뗄횸뇪냼삨킡톧뫍훐톧죫톧싊(랴펳뷌폽웕벰돌뛈)뷌쪦폫톧짺뇈샽(랴펳뷌폽훊솿)뫍돉죋쪶ퟖ싊(랴펳뷌폽뗄뷡맻)뗈(Barro1991)본폚뿉틔믱뗃뗄쫽뻝컒쏇헢샯닉폃돉죋쪶ퟖ싊ퟷ캪죋솦놾뇼뢳뗄듺샭횸뇪퓚춼튻훐뚫늿훐늿뫍컷늿뗘쟸믹놾짏쫇내헕듓ퟳ떽폒뗄듎탲업쇐쿂살뗄듓훐뿉틔뾴떽1978쓪ퟷ캪돵쪼쓪럝죽샠뗘쟸횮볤퓚죋솦놾뇼뢳짏쏦뗄닮틬틔벰죽샠뗘쟸쓚늿퓚헢룶랽쏦뗄쿠1쯆탔898173655749413325춼튻 룷뗘쟸돵쪼뗄죋솦놾듦솿(쪶ퟖ싊%)퓚뚫늿훐늿뫍컷늿뗘쟸횮볤룄룯뾪럅뷸돌듓뛸쫐뎡뮯돌뛈튲듦퓚ퟅ닮틬80쓪듺훐웚슽탸붨솢늢뗃떽쳘쫢헾닟횧돖뗄뺭볃쳘쟸퇘몣뗘쟸뛔췢뾪럅돇쫐뫍룷훖룷퇹뗄뺭볃뾪랢쟸뚼캻폚뚫늿퇘몣뗘쟸뛸샠쯆뗄룄룯뾪럅믺믡횱떽1992쓪틔뫳닅뾪쪼쿲훐컷늿뗘쟸틆헢늻뿉뇜쏢뗘떼훂훐컷늿뗘쟸뗄뛔췢뾪럅쮮욽뷏뗍풴엤훃뻟폐룼뛠뒫춳쳥훆뗄쳘헷헾뢮횴탐룼뛠뗄늻잡 1 맘폚돵쪼죋솦놾듦솿퓚뚫훐컷늿횮볤닮틬뗄횱맛뇭듯뿉틔볻뢽슼뗄춼A-15놱뺩쳬뷲뫓놱쇉쓾짏몣붭쯕헣붭뢣붨즽뚫맣뚫즽컷쓚쏉벪쇖뫚쇺붭낲믕붭컷뫓쓏뫾놱뫾쓏쯄뒨맣컷맳훝퓆쓏컷님짂컷룊쯠쟠몣쓾쿄탂붮
떱뗄횰쓜듓뛸뺭볃킧싊뷏뗍쫗쿈컒쏇폃뗘쟸뷸돶뿚ퟜ뛮햼맺쓚짺닺ퟜ횵뗄뇈훘ퟷ캪뛔췢뾪럅돌뛈뗄듺샭횸뇪랢쿖퓚헻룶룄룯웚볤뚫늿뗘쟸뗄룃횸뇪짏짽럇뎣톸쯙쟒풶풶룟폚훐늿뫍컷늿뗘쟸(춼뛾)웤듎폃룷쪡횱쾽쫐뫍ퟔ훎쟸헾뢮쿻럑횧돶ퟷ캪헾뢮횰쓜늻잡떱틔벰쫐뎡믺훆엤훃풴뗄ퟷ폃늻돤럖뗄듺샭횸뇪랢쿖헾뢮쿻럑횧돶뛮햼맺쓚짺닺ퟜ횵뗄뇈훘컷늿ퟮ룟훐늿1웤듎뚫늿ퟮ뗍쯤좻뚼폐쳡룟뗄쟷쫆(춼죽)ퟮ뫳컒쏇폃룷뗘쟸만뚨놾2탎돉ퟜ뛮폫놾탎돉ퟜ뛮(만뚨놾탎돉ퟜ뛮+듦믵퓶볓)횮뇈듺뇭춶킧싊떫쫇헢룶횸뇪뗄몬틥싔캪뢴퓓튻킩퓚룄룯뗄퓧웚훐맺뺭볃죔좻뻟폐뫜잿뗄뛌좱뺭볃쳘헷폐ퟣ릻뗄춶죫욷릩룸틔놣횤짺닺탨튪ퟮ캪훘튪듦믵뛠늢늻쫇뮵쫂쯹틔떱쪱뚫늿뗘쟸뗄헢룶횸뇪늢늻샭쿫듳듳뗍폚컷늿뗘쟸떫쯦ퟅ룄룯뗄짮죫훐맺뺭볃풽살풽풶샫뛌좱뺭볃헢룶횸뇪풽살풽뷓뷼폚랴펳춶킧싊뛸폫듋춬쪱뚫늿뗘쟸뗄룄뷸쫇쪮럖쏷쿔뗄쯤좻컷늿뗘쟸죔좻ퟮ룟좴쎻폐쏷쿔뗄룄뷸(춼쯄)5550454035302520151050197819791980198119821983198419851986198719881989199019911992199319941995199619971998뚫늿뾪럅돌뛈훐늿뾪럅돌뛈컷늿뾪럅돌뛈춼뛾 뾪럅돌뛈뗄뗘쟸뇈뷏(1978-1998)뚫늿헾뢮쿻럑훐늿헾뢮쿻럑컷늿헾뢮쿻럑춼죽 헾뢮쿻럑뇈샽뗄뗘쟸뇈뷏(1978-1998) 1 냍싞(Barro1991)튲쳖싛쇋헢룶횸뇪늢뗃돶랽쿲쿠춬뗄뷡싛2 췵킡슳(2000)튲닉폃쇋샠쯆뗄랽램뾼달춶킧싊6
9087848178757269666360197819791980198119821983198419851986198719881989199019911992199319941995199619971998뚫늿춶킧싊훐늿춶킧싊컷늿춶킧싊춼쯄 춶킧싊뗄뗘쟸뇈뷏(1978-1998)쯄쳵 볾쟷춬뗄쪵횤벰웤뷡맻룷뗘쟸뺭볃퓶뎤싊폫쿠펦뗄펰쿬틲쯘뗄맘쾵뿉틔폃쿂쇐릫쪽뇭쪾 γ=α−βlog(y)+X+εi,tii,0i,ti,tX쫇튻ퟩ뿘훆뇤솿쯼쏇쪹뺭볃i뒦폚컈뚨ힴ첬볙뚨α쫇퓚룷룶뗘쟸뚼늻i,ti춬뗄뷘뻠쿮떫쫇쯼뿉틔럖뷢캪룷뗘쟸죋솦놾듦솿닮틬뫍튻룶퓚룷뗘쟸뚼쿠1춬뗄뷘뻠쿮α=α+ HK78ii0웤훐α쫇퓚룷룶뗘쟸뚼쿠춬뗄뷘뻠쿮뛸HK78퓲랴펳쇋룷룶뗘쟸퓚돵쪼i0뗄죋솦놾듦솿랽쏦뗄닮틬뛸뗘쟸뗄뺭볃퓶뎤뿉쓜폫헢뺭볃뗄돵쪼듦솿뫍X뚼폐맘쾵폃폚믘맩뗄랽돌쫇i,tγ=α+βlog(PGDP78)+βHK78+βINV+βLAB+βIEi,t0i,01i2i,t3i,t4i,t+βGOC+βOPEN+βT+ε5i,t6i,t7i,t웤훐뗈쪽폒뇟뗄뷢쫍뇤솿럖뇰쫇돵쪼웚(1978쓪)죋뻹맺쓚짺닺ퟜ횵(좡 1 죧맻늻뾼싇뗘쟸볤돵쪼죋솦놾듦솿뗄닮틬쓇쎴만뚨킧맻쒣탍뿉쓜룼쫊뫏폚놾퇐뺿뗄탨튪맘폚쒣탍탎쪽뗄Hausman볬퇩뿉닎볻뢽슼7
뛔쫽)폃1978쓪16쯪틔짏죋뿚쪶ퟖ싊뇭쪾뗄돵쪼웚죋솦놾듦솿폃만뚨놾탎돉ퟜ뛮햼맺쓚짺닺ퟜ횵뗄뇈샽뇭쪾뗄춶싊폃뻍튵죋뿚햼좫늿죋뿚뇈샽뇭쪾뗄뻍튵쾵쫽폃만뚨놾탎돉ퟜ뛮폫놾탎돉ퟜ뛮횮뇈뇭쪾뗄춶킧싊폃헾뢮쿻럑횧돶햼맺쓚짺닺ퟜ횵뗄뇈샽뇭쪾뗄쫐뎡뮯돌뛈틔벰폃뷸돶뿚ퟜ뛮햼맺쓚짺닺ퟜ횵뇈훘뇭쪾뗄뾪럅돌뛈T캪쪱볤쟷쫆뇤솿ε캪쯦믺럖늼i,t뗄죅뚯쿮평폚쪹폃쇋1978-1998쓪뗄럖쪡쪱볤탲쇐쫽뻝틲듋뇘탫듓볆솿뺭볃톧뗄뷇뛈뾼싇틔쿂솽룶틲쯘뛔맀볆쪽뿉쓜닺짺뗄펰쿬쫗쿈평폚뗘쟸볤뗄닮틬웄캪쿔훸틬랽닮뛔맀볆쪽뗄펰쿬쫇쿔뛸틗볻뗄웤듎탲쇐쿠맘튲뿉쓜떼훂맀볆쪽폐욫컒쏇뛔OLS맀볆쪽뷸탐Durbin-Waston볬퇩튲뇭쏷탲쇐쿠맘뗄좷듦퓚퓚헢훖쟩뿶쿂샻폃OLS맀볆쪽쫇늻뫏쫊뗄틲듋컒쏇볙뚨쎿튻룶쪡럝뗄쫽뻝뚼듦퓚쳘뚨뗄탲쇐쿠맘뛸쟒쪡볊볤듦퓚틬랽닮닉폃FGLSFeasibleGeneralized Least Square믘맩랽램뷸탐믘맩뫳뷡맻죧뇭죽훐뗄쒣탍I쯹쪾캪쇋뛔뇈튲쇐돶쇋뾼싇뗘쟸만뚨킧맻뗄쟩뿶웤뷡맻죧쒣탍II쯹쪾뇭죽 뛔죋뻹맺쓚짺닺ퟜ횵퓶뎤싊뷸탐믘맩뗄뷡맻뷢쫍뇤솿쒣탍I쒣탍II쾵쫽t 횵쾵쫽t 횵Log(GDP78)죋솦놾춶싊뻍튵쾵쫽뾪럅돌뛈헾뢮쿻럑춶킧싊쪱볤쟷쫆뚫늿훐늿컷늿뷘뻠맛달횵쫽609609쇏살풴탂훐맺컥쪮쓪춳볆쇏믣뇠훐맺춳볆돶냦짧2000믘맩뷡맻뇭쏷퓚뿘훆쇋웤쯻뇤솿횮뫳돵쪼쓪럝(1978쓪)뗄죋뻹맺쓚짺닺ퟜ횵폫쯦뫳뗄죋뻹맺쓚짺닺ퟜ횵퓶뎤싊돊랴쿲뇤뮯맘쾵헢쪵볊짏뻍쫇폐쳵볾뗄쟷춬뛸ퟷ캪뿘훆뇤솿룷뗘쟸뗄뾪럅돌뛈돵쪼쓪럝죋솦놾뇼뢳춶싊뻍튵싊춶킧싊뗈뚼듓늻춬뗄뷇뛈뛔뺭볃퓶뎤싊닺짺믽벫뗄펰쿬헾뢮쿻럑퓲듓랴쏦펰쿬죋뻹쫕죫퓶뎤싊헢폫샭싛뗄풤웚튲쫇튻훂뗄튻냣죏캪헾뢮쿻럑뇈샽풽듳뛔쫐뎡믺훆퓬돉얤쟺뿉쓜탔튲풽듳뛸쫐뎡믺훆뗄랢믓죧8
맻쫜떽펰쿬뛔폚뺭볃뗄뎤웚퓶뎤쫇늻샻뗄틲쯘쒣탍II뾼싇쇋뚫훐컷죽샠뗘쟸뗄만뚨킧맻쪵볊짏럅쯉쇋쿠춬뷘뻠뗄볙짨죧맻웤쯻뷢쫍뇤솿쟮뺡쇋뗘쟸볤뺭볃퓶뎤싊닮틬뗄쯹폐틲쯘쓇쎴뗘쟸탩쓢뇤솿펦룃늻쿔훸틲듋뗘쟸탩쓢뇤솿뗄믘맩쾵쫽퓲뇭쏷튻킩쿞훆뗘쟸볤뺭볃퓶뎤쟷춬뗄틲쯘쎻폐쓜퓚쒣탍훐뗃틔랴펳뛸듓탩뇤솿뗄럻뫅랽쿲뾴훐늿뫍컷늿뛔뚫늿뗘쟸쿠뇈뻟폐쏷쿔뗄퓶뎤싊쇓쫆훐맺룄룯틔살룷뗘쟸볤뺭볃퓶뎤뗄폐쳵볾쟷춬뮹뿉틔듓쿂쏦솽룶죽뗣춼뗄뛔뇈뗃틔횱맛뗄맛달죧맻뷶뷶뾴룷뗘쟸1978-1998쓪뗄쓪뺭볃퓶뎤싊폫돵쪼뗄죋뻹GDP솽헟횮볤늢캴뇭쿖돶쏷쿔뗄쿠맘맘쾵웤쿠맘쾵쫽캪떫죧맻볙뚨뇭죽쒣탍I훐웤쯻틲쯘늻뇤맛달뺭볃퓶뎤싊폫돵쪼죋뻹GDP뗄욫쿠맘맘쾵퓲믡랢쿖뛾헟뷏캪쏷쿔뗄뢺쿠맘맘쾵욫쿠맘쾵쫽캪죧춼컥뛾쯹쪾 뺭볃퓶뎤싊 돵쪼죋뻹GDP춼컥튻 룷뗘쟸돵쪼죋뻹GDP폫1978-1998욽뻹쓪퓶뎤싊 뺭볃퓶뎤싊 돵쪼죋뻹춼컥뛾룷뗘쟸돵쪼죋뻹GDP폫1978-1998욽뻹쓪퓶뎤싊뗄욫쿠맘9
컥뷡 싛폫헾닟붨틩헽죧퓚듳뛠쫽맺볊뇈뷏퇐뺿훐닺짺뗄뷡맻튻퇹훐맺퓚룄룯틔살뗄뗘쟸뺭볃랢햹훐늻듦퓚웕뇩뗄쟷춬쿖쿳좴탎돉쇋뚫늿훐늿뫍컷늿뗘쟸죽룶쟷춬뻣샖늿춬쪱퓚뾼싇떽훮죧죋솦놾뇼뢳뗈펰쿬죋뻹쫕죫퓶뎤싊뗄뇤솿횮뫳컒쏇뿉틔뾴떽헢튻퓶뎤싊폫돵쪼쓪럝뗄죋뻹맺쓚짺닺ퟜ횵횮볤뗄랴쿲맘쾵벴훐맺뗘쟸뺭볃랢햹훐듦퓚ퟅ폐쳵볾쟷춬튲뻍쫇쮵죧맻닉좡쫊떱뗄헾닟컷늿뾪랢햽싔뿉틔좡뗃풤쿫뗄킧맻헽죧죋쏇쯹풤웚뗄듦퓚ퟅ튻쾵쇐펰쿬죋뻹쫕죫뗄퓶뎤싊뗄틲쯘쳘뇰쫇죋솦놾뗄돵쪼뇼뢳럇뎣쿔훸뗘폫퓶뎤싊헽쿠맘쫇듙뷸퓶뎤쯙뛈뗄훘튪틲쯘헢룶뷡맻룸컒쏇뗄웴쪾쫇뗚튻퓚볓뿬컷늿뗘쟸랢햹뗄맽돌훐뛔죋솦놾춶쫇훁맘훘튪뗄쯼뿉틔뒴퓬쟸폲볤쟷춬뗄쳵볾듯떽쪵쪩컷늿뾪랢햽싔뗄풤웚킧맻쯹틔듓훐컷늿뗘쟸뗄춶헾닟뷇뛈뾴쫗쿈펦룃냑잮춶퓚뷌폽뗈듙뷸죋솦놾믽샛뗄쇬폲뗚뛾컒쏇뗄믘맩뷡맻뮹뇭쏷쫇럱쓜릻룼돤럖뗘샻폃쫐뎡믺훆쫇퓬돉틔잰뗄뺭볃랢햹맽돌훐뗘쟸닮틬삩듳뗄튻룶훘튪풭틲뮻퇔횮죧맻퓚뷱뫳뛔훐컷늿뗘쟸뗄뾪랢늻힢훘쫐뎡믺훆뗄샻폃뛸맽뛠뗘닉좡튻킩헾뢮룉풤쫐뎡뗄듫쪩튲쫆뇘펰쿬뾪랢킧맻쪵쪩컷늿뾪랢햽싔늢늻뷶뷶틢캶ퟅ튪춶죫뷰죭뮷뺳뗄붨짨뿉틔웰떽쫂냫릦놶뗄킧맻샽죧춨맽룄룯뾪럅잡떱뗘뚨캻헾뢮횰쓜삩듳쫐뎡믺훆엤훃풴뗄ퟷ폃폫랶캧룄짆춶킧싊뗈뗈뚼폐훺폚볓뿬죋뻹쫕죫뗄퓶뎤쯙뛈뗚죽뾪럅돌뛈뗄닮틬튲쫇퓬돉뗘쟸볤뺭볃퓶뎤닮틬뗄튻룶훘튪풭틲풽쫇뾪럅뗄뺭볃쫐뎡믺훆쯹랢믓뗄ퟷ폃튲풽쏷쿔풴엤훃뗄킧싊튲풽룟볓뿬훐컷늿뗘쟸룄룯뾪럅늽랥튲쫇듙뷸웤뺭볃퓶뎤쯙뛈뗄훘튪룜룋떫뾪럅돌뛈퓚뫜듳돌뛈짏쫇평훆뛈췢짺뻶뚨뗄틲듋튪쪵쿖뗘쟸볤뺭볃퓶뎤뗄쟷춬쫗쿈튪ퟶ떽헾닟뗄쟷춬닎뾼컄쿗Abramovitz, Moses (1986), “Catching Up, Forging Ahead, and Falling Behind”, Journal ofEconomic History, Vol. XLVI, No. 2 (June), pp. , R., and Sala-i-Martin, X., (1992), “Convergence”. Journal of Political Economy, 100 (2), , Robert (1991), “Economic Growth in A Cross Section of Countries”, Quarterly Journal ofEconomics, , Robert (1998), “Determinants of Economic Growth: A Cross-Country Empirical Study”,Cambridge, Massachusetts, London, England: The MIT , G., Kevin M. Murphy and Robert Tamura (1991), “Human Capital, Fertility and EconomicGrowth”. Journal of Political Economy, Vol. 98, pp.
Ben-David, D. (1998), “Convergence Clubs and Subsistence Economies”, Journal of DevelopmentEconomics, Vol. 55, pp. , Justin Yifu, Cai Fang and Li Zhou (1997), “Social Consequences of Economic Reform inChina: An Analysis of Regional Disparity in the Transition Period”, background paper for , Richard R. and Edmund Phelps(1966) , “Investment in Humans, Technological Diffusion,and Economic Growth”, American Economic Review Proceedings Vol. 56. , P. (1990) “Endogenous Technical Change”, Journal of Political Economy, Vol. 98, , R. (1980), “The Class of Additively Decomposable Inequality Measures”,Econometrica, Vol. 48, No. 3.췵킡슳(2000)훐맺뺭볃퓶뎤뗄뿉돖탸탔폫훆뛈뇤룯뺭볃퇐뺿뗚7웚췵짜맢뫺낰룖(1999)훐맺늻욽뫢랢햹뗄헾훎뺭볃톧놱뺩훐맺볆뮮돶냦짧쇖틣럲닌镐샮훜(1998)훐맺뺭볃맬쪱웚뗄뗘쟸닮뻠럖컶뺭볃퇐뺿뗚6웚11
뢽슼1 뛔쟷춬뻣샖늿뗄볬퇩 놾컄럖컶쪹폃뗄쫽뻝뻹살ퟔ폚탂훐맺컥쪮쓪춳볆쇏믣뇠쫽뻝벯냼삨30룶쪡쫐ퟔ훎쟸듓1978-1998쓪뗄볓ퟜ쫽뻝훘쟬쫐평폚쇏좱랦쎻폐냼삨퓚쓚맘폚뚫훐컷뗄뮮럖죧쿂뚫늿냼삨놱뺩쳬뷲짏몣뫓놱붭쯕헣붭뢣붨맣뚫몣쓏즽뚫쇉쓾훐늿냼삨낲믕붭컷뫾쓏뫾놱뫓쓏쯄뒨즽컷쓚쏉벪쇖뫚쇺붭컷늿냼삨맣컷퓆쓏맳훝컷님짂컷룊쯠쟠몣쓾쿄탂붮죋뻹GDP뗄퓶뎤싊내1978쓪늻뇤볛룱볆쯣1만뚨킧맻쒣탍폫쯦믺킧맻쒣탍뗄에뇰볙뚨퓚놾퇐뺿럖컶뗄돵쪼쪱웚1978쓪룷뗘쟸뗄뺭볃랢햹쮮욽닮틬뇭쿖캪뺭볃듦솿뗄닮틬죋뻹GDP쮮욽죋솦놾쮮욽퓚틔뫳뗄랢햹맽돌훐뗘쟸닮틬뗄뇤뮯퓲훷튪춨맽뺭볃퓶뎤뗄쯙뛈살쳥쿖뛸뺭볃퓶뎤쯙뛈쫇쫜솽샠틲쯘릲춬ퟷ폃뗄웤튻쫇쯦쪱볤뇤뮯뗄뇤뚯틲쯘쇭췢튻샠틲쯘뻍쫇뗘쟸볤돵쪼쳵볾뗄닮틬뛔퓶뎤싊뗄럖컶횼퓚럖컶솽샠틲쯘쯹닺짺뗄늻춬펰쿬뛔뗘쟸볤퓶뎤싊뗄믘맩럖컶뗄놻뷢쫍뇤솿쫇19791998뗄쓪뛈뺭볃퓶뎤싊뷢쫍뇤솿냼삨돵쪼죋뻹GDP돵쪼죋솦놾춶싊샍뚯춶죫뇈뾪럅돌뛈헾뢮쿻럑춶킧싊횸쫽믹뒡짨쪩쟩뿶뗈뇭A-1 쒣탍탎쪽뗄 Hausman볬퇩 Coefficients growth Fixed Random Effects Effects Difference invest .1116361 .0956697 .0159664 rlab .3654384 .2382766 .1271617 open .0084329 .0373565 goc .0381072 ei .082416 .0289578 .0534582Test: Ho: difference in coefficients not systematic벴쯦믺킧맻쒣탍폫만뚨킧맻쒣탍늻듦퓚쾵춳닮틬떫쫇 chi2(6) = (b-B)'[S^(-1)](b-B), S = (S_fe - S_re) = Prob>chi2 =볬퇩뗄뷡맻뻜뻸쇋쇣볙짨뇭쏷만뚨킧맻쒣탍룼쫊뫏폚놾퇐뺿뗄쟩뿶12
2ퟔ쿠맘볬퇩평폚퇹놾뗄쪱볤탲쇐듓1978-1998뎤듯21쓪틲듋폐뇘튪뾼싇탲쇐쿠맘뛔믘맩뷡맻뿉쓜닺짺뗄펰쿬뛔만뚨킧맻쒣탍뷸탐Durbin-Watson볬퇩e=ρe+ui,ti,t−1t 뻜뻸 Hρ=0 죧맻 d>d0UD-W Statistic =<5%쿔훸쮮욽뗄쿂쿞횵틲듋늻쓜뻜뻸컞ퟔ쿠맘뗄쇣볙짨쯹틔믘맩랽돌뇘탫뾼싇탲쇐쿠맘컊쳢뗄펰쿬3GLS뒦샭틬랽닮벰ퟔ쿠맘컊쳢볙뚨ퟔ쿠맘뗄탎쪽캪튻뷗탎쪽틔쿂캪GLSGeneralized Least Squre뗄믘맩뷡맻뇭훐놻뷢쫍뇤솿틀듎캪1978쓪죋뻹GDP춶햼GDP뗄뇈샽짧믡듓튵죋풱햼ퟜ죋뿚뗄뇈샽뷸돶뿚ퟜ뛮햼GDP뗄뇈샽헾뢮쿻럑햼GDP뗄뇈샽ei=만뚨놾탎돉뛮/만뚨놾탎돉뛮+듦믵퓶볓뛮폃틔랴펳춶뗄킧싊틔쿂럖뇰쫇킡톧훐톧듳톧쎿뷌쪦뢺떣뗄톧짺쫽ퟮ뫳쫇쪡탩쓢뇤솿 뇤솿쏻 | 쾵쫽 뇪ힼ닮 z P>|z| [95% 훃탅쟸볤] pgdp78 | .0027645 invest | .1076275 .0177194 .0728981 .1423568 rlab | .3077283 .0304218 .2481027 .3673539 open | .019093 .006267 .0068098 .0313762 goc | .0342443 .0385724 ei | .0531749 .0101007 .0333779 .0729718 rst78p | .6022336 .2120821 .1865603 rst78s | .0704543 rst78h | dp2 | .4375478 dp3 | dp4 | .1526195 dp6 | .051444 dp7 | .3766999 dp11 | dp12 | dp13 | dp16 | dp19 | dp20 | dp21 | dp23 | dp24 | dp26 | dp28 | .3537557 dp30 |
Coefficients: generalized least squares Panels:heteroscedastic with cross-sectional correlationCorrelation: common AR(1) coefficient for all panels ()chi2(25)= ; Log Likelihood = ; Pr > chi2 =죋솦놾ퟷ폃뗄볬퇩 떫쟷춬뗄펰쿬탨튪틔튻뚨뗄죋솦놾쮮욽캪쳵볾돵쪼죋솦놾쮮욽믹놾뇭쿖돶뛔뺭볃퓶뎤폐믽벫뗄ퟷ폃내헕샭싛쎿뷌쪦뢺떣뗄톧짺쫽랴펳쇋뗘쟸볤뷌폽훊솿뗄닮뇰벴쎿뷌쪦뢺떣뗄톧짺쫽풽룟퓲뷌폽뗄훊솿풽뗍쯹틔훐톧뫍듳톧룃뇈샽뗄뢺횵폫샭싛뗄풤닢튻훂떫킡톧쎿뷌쪦뢺떣뗄톧짺쫽좴캪헽횵뿉쓜뗄뷢쫍쫇뷏룟뗄톧짺/뷌쪦뇈샽튲췹췹뛔펦ퟅ룼룟뗄뛹춯죫톧싊뛸뫳헟쿔좻쫇뛔뺭볃퓶뎤폐샻뗄쇭췢럖뇰뛔킡톧뫍훐톧킡톧훐톧뫍듳톧뗄뷌폽뇤솿ퟷ솪뫏볬퇩뷡맻튲쫇쿔훸뗄뇭쏷돵쪼죋솦놾듦솿퓚헻쳥짏뛔뺭볃퓶뎤뗄ퟷ폃쫇쏷쿔뗄 킡톧뫍훐톧 test rst78p=rst78s= 02 χ(2)= Prob >χ(2)= 킡톧훐톧뫍듳톧test rst78h=rst78s=rst78h=02 χ(3)= Prob >χ(3)= 춼A-1 Theil뻸뛔쫽뗄뇤뮯1978-199814
Theil뻸뛔쫽뗄뇤뮯튲쫇뫜폐틢쮼뗄죧춼쯹쪾돊U탍업쇐쮵쏷냩쯦ퟅ뺭볃퓶뎤뗘쟸닮뻠뺭샺쇋쿈쯵킡퓙삩듳뗄맽돌헢샯쏦폐쪲쎴맊쫂짐듽뷸튻늽퇐뺿샽죧쫇늻쫇90쓪듺잰뗄뺭볃퓶뎤랽쪽폫90쓪듺틔뫳뗄뺭볃퓶뎤랽쪽폐ퟅ쒳훖놾훊뗄늻춬뛸헽쫇헢훖늻춬떼훂쇋뛔뗘쟸닮틬뗄늻춬펰쿬72706866646260585654뚫늿훐늿컷늿춼A-2 죋솦놾돵쪼닮틬돉죋쪶ퟖ싊뗄뚫훐컷뇈뷏15
