• Title/Summary/Keyword: Capital formation

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Assessment of the swelling potential of Baghmisheh marls in Tabriz, Iran

  • Asghari-Kaljahi, Ebrahim;Barzegari, Ghodrat;Jalali-Milani, Shahrokh
    • Geomechanics and Engineering
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    • v.18 no.3
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    • pp.267-275
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    • 2019
  • Tabriz is a large Iranian city and the capital of the East Azerbaijan province. The bed rock of this city is mainly consisted of marl layers. Marl layers have some outcrops in the northern and eastern parts of city that mainly belong to the Baghmisheh formation. Based on their colors, these marls are classified into three types: yellow, green, and gray marls. The city is developing toward its eastern side wherein various civil projects are under construction including tunnels, underground excavation, and high-rise building. In this regard, the swelling behavior assessment of these marls is of critical importance. Also, in lightweight structures with foundation pressure less than swelling pressure, several problems such as walls cracking and jamming of door and windows may occur. In the present study, physical properties and swelling behavior of Baghmisheh marls are investigated. According to the X-ray diffractometer (XRD) results, the marls are mainly composed of Illite, Kaolinite, Montmorillonite, and Chloride minerals. Type and content of clay minerals and initial void ratio have a decisive role in swelling behavior of these marls. The swelling potential of these marls was investigated using one-dimensional odometer apparatus under stress level up to 10 kPa. The results showed that yellow marls have high swelling potential and expansibility compared to the other marls. In addition, green and gray marls showed intermediate and low swelling potential and swelling pressure, respectively.

Fiscal Policy Effectiveness Assessment Based on Cluster Analysis of Regions

  • Martynenko, Valentyna;Kovalenko, Yuliia;Chunytska, Iryna;Paliukh, Oleksandr;Skoryk, Maryna;Plets, Ivan
    • International Journal of Computer Science & Network Security
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    • v.22 no.7
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    • pp.75-84
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    • 2022
  • The efficiency of the regional fiscal policy implementation is based on the achievement of target criteria in the formation and distribution of own financial resources of local budgets, reducing their deficit and reducing dependence on transfers. It is also relevant to compare the development of financial autonomy of regions in the course of decentralisation of fiscal relations. The study consists in the cluster analysis of the effectiveness of fiscal policy implementation in the context of 24 regions and the capital city of Kyiv (except for temporarily occupied territories) under conditions of fiscal decentralisation. Clustering of the regions of Ukraine by 18 indicators of fiscal policy implementation efficiency was carried out using Ward's minimum variance method and k-means clustering algorithm. As a result, the regions of Ukraine are grouped into 5 homogeneous clusters. For each cluster measures were developed to increase own revenues and minimize dependence on official transfers to increase the level of financial autonomy of the regions. It has been proved that clustering algorithms are an effective tool in assessing the effectiveness of fiscal policy implementation at the regional level and stimulating further expansion of financial decentralisation of regions.

Legal Stability and Determinants of Insurance Development in the Middle East and North Africa Region (MENA)

  • BEN DHIAB, Lassad;DKHILI, Hichem
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.141-149
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    • 2022
  • Despite the importance of the insurance business for financial and economic development, few studies have looked at the factors that influence its growth. This research adds to the body of knowledge by empirically examining the impact of numerous factors on the development of the insurance business in 15 Middle East and North African (MENA) countries from 2000 to 2017. The study looks at macroeconomic, demographic, and institutional factors as potential drivers of the insurance industry's growth, with the insurance premium as a percentage of GDP as the dependent variable. All variables are stationary at the first difference, according to the IPS panel unit root test. The Pedroni residual cointegration test, Kao residual cointegration test, and Johansen-Fisher panel cointegration tests are then used to look for long-run associations. The cointegration tests strongly suggest that the insurance premium and the various variables have long-run correlations. Findings from the Fully-Modified OLS imply that GDP per capita, gross capital formation, and the KOF economic globalization index have a positive long-term impact on the insurance business. The insurance business is also driven by combating corruption and the rule of law. The population and regulatory quality, on the other hand, have no significant impact.

Reading Habits and Library Use among Students in Colleges of Education in Ghana: A Case of Two Colleges of Education, Ghana

  • Deborah Kore Appiah;Christiana Oduraa Kwaah;Franklina Adjoa Yebowaah
    • International Journal of Knowledge Content Development & Technology
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    • v.13 no.1
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    • pp.7-25
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    • 2023
  • This paper presents the outcome of a survey done in two colleges of education in Kumasi, Ghana to determine the reading habits of students. A questionnaire was conveniently administered to the third-year students of Wesley College of Education and St. Louis College of Education all in Kumasi the capital of Ashanti Region of Ghana. One hundred and sixty-two copies of the questionnaire were administered to the students in the two colleges. The study found that both parents and tutors influence students reading at the same rate, in both colleges students read an average of one book in two months which was not encouraging with the most preferred reading materials being course books followed by textbooks and fiction. Their purpose of reading is to broaden their knowledge, and to pass examination. They choose busy schedule on campus and too much academic work as the reasons which affect their reading habits. Furthermore, it was revealed that, too much family responsibilities and lack of conducive environment were major constraints that restrict their reading at home. The study recommends the following to enhance reading habits of the students: parents should create healthy surrounding for learning; students should also be motivated to read through the formation of reading clubs and group presentation of assignment.

Domestic Government Debt and Economic Growth in Indonesia: An empirical analysis

  • Bukit, Alexander Romarino;Anggraeni, Lukytawati
    • The Journal of Economics, Marketing and Management
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    • v.5 no.1
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    • pp.27-37
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    • 2017
  • Domestic government debt securities is one of the steps which is taken by the government of Indonesia as a major source of financial budget, covering for the budget deficit, debt payments and interest debt. The purposes of this research are to know the development of budget deficits, government debt and impact of domestic government debt securities against economic growth in Indonesia. Method of analysis used Ordinary Least Squares (OLS) analyzing the impact of the domestic debt against economic growth in Indonesia. This research uses time series data from 1997 to 2014. Total government debt and domestic government debt securities in Indonesia increased during the last five years. The average of domestic government securities was above 50 percent of the total government debt. Estimated results showed domestic government debt securities has a positive and significant effect to economic growth. Official development assistance (ODA) has a negative effect to economic growth. Other variables such as the gross fixed capital formation and receipt of remittance have positive and significant effect, total imports and government expenditure have negative and significant effect against economic growth.

Assessment of Employment in the Development of the Distribution and Accessibility of Information Society in Azerbaijan

  • SALMANOVA, Mahila
    • Journal of Distribution Science
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    • v.20 no.6
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    • pp.67-74
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    • 2022
  • Purpose: In the current era of rapid development of the information and communication technologies (ICT) sector, the formation of an effective regulatory approach is important. There are some methodological shortcomings and difficulties in the approach system of international organizations that assesses the level of application of ICT in various areas in terms of quantity and quality. The basic element of economic growth differs according to the economic conditions prevailing in the period and the country. While the agricultural sector plays an active role in economic growth or development in an underdeveloped country, in a developed country, capital-intensive and even technology-intensive production is the main element of economic growth. From this point of view, the contribution of information and communication technologies (ICT) to Azerbaijan's socio-economy for the period between 2010-2020 will be examined. Research design and methodology: The unit root test and Granger causality test were applied by taking the CDPPC per Capita, Employment, and Unemployment Rate from the social-o-economic data as the dependent variable, fixed and mobile phone usage and internet usage as the independent variables. The principal results: According to the results obtained; It has been determined that the use of ICT positively affects the socio-economic economic situation.

An Impact Analysis of the Korea-Japan Undersea Tunnel Project;focus on Economic Potential Model Analysis (한일간 해저터널사업의 효과분석;성장잠재력 분석을 중심으로)

  • Park, Jin-Hee
    • Journal of Navigation and Port Research
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    • v.32 no.1
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    • pp.47-56
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    • 2008
  • With rapid growing of the Northeastern Asia, the interest for the connection of Infrastructure that was behind of interesting until now is getting larger. In a line of same connection, UN-ESCAP are forwarding transcontinental railway project, asian highway project et al.. And this study aimed at analysis on the effect that extended to a space by Korea-Japan undersea tunnel project. In aspect of a national land balanced-development to solve various problems such as overcrowding in capital region, unbalanced state by regions, weak exchange between South and North Korea, and weakness of national land basis to prepare for unification et al., this study consulted the economic potentiality model as a analysis method to examine an effect. In this analysis, I used 24 scenarios including all cases by combination of 3 scenarios for Korea-Japan undersea tunnel, 4 scenarios for transportation modes in the section of undersea tunnel, and 2 scenarios for adjacency infrastructure. Transportation modes in the section of undersea tunnel are railway, car-train, mixing way of railway and car-train, and mixing way of road and railway. Adjacency infrastructure applied railway and road. In all scenarios, Korea showed higher growth potentiality than Japan. Also, proposal plan C route relatively showed better in national land balanced-development than other proposal plans. The growth potentiality relatively appeared higher by buildup of a connection together with non-capital regions from the construction of Korea-Japan undersea tunnel. In aspect of Northeastern Asia, it resulted in a increasing of trade and chance of network formation in the region of Asia through infrastructure connection. But, in considering passenger and various factors that extended to the economic growth, this analysis have some limitation. Therefore, I hope that deep studies will continuously perform with various factors.

A Study on the Improvement of New Growth Engine Fund Management Ways by PEF Vehicle (사모투자펀드 기구를 이용한 신성장동력투자펀드 운용방식의 개선에 관한 연구)

  • Chung, Ki-Yun;Lee, Cheol-Gyu
    • Journal of Korea Technology Innovation Society
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    • v.13 no.3
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    • pp.538-557
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    • 2010
  • Korean Government has supplied small-medium enterprises with various technology financing programs such as R&D grant." loans, equities, guarantees since 1980's. The purpose of this study is to render policy suggestions for policy makers by analysing problems with regard to regulations. The suggestions of this study are such as the following. First, the current three months of the fund formation period should be extended within six months for general partners to have enough time to raise funds in the current tough capital market situation. Second, the government's non priority loss devotion system should keep going to prevent general partner's moral hazard. Third, in order to fulfill the policy purpose that is to create globally well-known companies, the government investment ratio should scale up from the current 20% to 30% of the total fund size in that the stable capital supply for core technology commercialization, industrialization and globalization of companies is achieved. Finally, general partners of the New Growth Engine Fund should showoff their investment abilities to the potential investors such as institutional investors by accumulating all track records and know-hows that prove their specialities and implementing action plans to achieve the best result of their investment. This study provides general considerations of the selection procedure, the government investment ratio, the government priority loss devotion system and so on when formating the public funds.

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Theories of the state and the state intervention in space economy (國家理論과 空間經濟에의 國家干涉)

  • ;Koh, Taekyung
    • Journal of the Korean Geographical Society
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    • v.29 no.3
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    • pp.281-296
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    • 1994
  • It is generally accepted that there is always a potential for crisis in the capitalist society because of the internal contradiction of capitalism. The contradiction is explicitly and implicitly expressed in space. The fundamental contradiction in capitalism, however, is controlled and mediated by the state (i.e., the capitalist state). We thus could argue that the state plays an important role in the capitalist society and in the capitalist spatial formation. It is necessary to note how and why spatial structure has developed unevenly in capitalist societies, particularly in the U.S., The general concept of uneven geographical development is understood in the context of the capitalist economic system and the role of the state. But the problem is that the capitalist state itself has a contradiction between the productive function (i.e., accumulation function) and the reproductive function (i.e., legitimation function). The compromise of the two functions is always the dilemma of the state and the state becomes the object of class struggle (e.g., political class struggle) . The research questions are as follows. First, what is the role of the state in the economic structure and what is the internal problem of the state\ulcorner Second, what is the role of the state in space economy (or in spatial structure)\ulcorner And last, what is the relation between the federal state and the local state in the U.S. and how does the relation form the urban policies and thus the urban and regional development\ulcorner The paper will be looking at how the political economy in the U.S. explains unevenly developed geographical phenomenon.

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Stereotypes and Inequality: A 'Signaling' Theory of Identity Choice (고정관념과 불평등: 정체성 선택에 관한 신호이론)

  • Kim, Young Chul;Loury, Glenn C.
    • KDI Journal of Economic Policy
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    • v.34 no.2
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    • pp.1-15
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    • 2012
  • We develop an identity choice model within the context of a stereotyping-cum-signaling framework. The model allows us to explore implications of the fact that, when individuals can choose identity, then the distribution of abilities within distinct identity groups becomes endogenous. This is significant because, when identity is exogenous and if the ability distributions within groups are the same, then inequality of group reputations in equilibrium can only arise if there is a positive feedback between group reputation and individual human capital investment activities (Arrow, 1973; Coate and Loury, 1993). Here we show that when group membership is endogenous then the logic of individuals' identity choices leads there to be a positive selection of higher ability individuals into the group with a better reputation. This happens because those for whom human-capital-investment is less costly are also those who stand to gain more from joining the favored group. As a result, ability distributions within distinct groups can endogenously diverge, reinforcing incentive-feedbacks. We develop the theoretical framework that can examine the positive selection and the endogenous group formation. The model implies that inequality deriving from stereotyping of endogenously constructed social groups is at least as great as the inequality that can emerge between exogenously given groups.

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