• Title/Summary/Keyword: Economic Level

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Analyzing Optimal Economic Fishing Efforts of the Coastal Snow Crab Gillnet Fishery (대게 연안자망어업의 경제적 적정 어구사용량 분석)

  • Kim, Do-Hoon;An, Heui-Chun;Lee, Kyoung-Hoon
    • The Journal of Fisheries Business Administration
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    • v.39 no.2
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    • pp.25-39
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    • 2008
  • The Korean government is in the establishment process of plan for managing fishing effort by setting up the maximum fishing gear usage per fishery type for the recovery of fishery resources, for the settlement of disputes between fishery sectors over fishing gears, and for the stability of fishing business condition. Especially in the setting up of the maximum fishing gear usage, economic standards as well as biological standards are being considered as a significant factor to promote the sustainable and economically viable development of fisheries. This study is, thus, to analyze the optimal economic fishing gear usage ($E_{MEY}$) as the most economically efficient one for the coastal snow crab gillnet fishery, one of the most controversial sectors in establishing the maximum fishing gear usage. The data of logbooks per trip were used for concentrating on the estimation of $E_{MEY}$ per trip because it was considered there were limitations of data available for analyses. As a finding drawn from the analyses, the optimal economic trap usage ($E_{MEY}$) of coastal snow crab gillnet vessels per trip has to be decreased by about 13%. That is, reducing the trip gillnet usage up to the level of $E_{MEY}$ can lead to the reduction of trip fishing costs, thereby resulting in the increased trip profits.

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The Relationship between Foreign Capital Inflows and Economic Growth: Empirical Evidence from Vietnam

  • NGUYEN, Cung Huu;PHAM, Thi Truc Quynh;TRAN, Thi Hoa;NGUYEN, Thi Hoa
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.325-332
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    • 2021
  • Foreign capital inflows play an essential role in each country's socio-economic growth, particularly for undeveloped and developing countries where capital accumulation is limited in the early stages of development, and Vietnam is no exception. The purpose of this article is to examine the impact of foreign capital inflows on economic growth in Vietnam. The empirical method employed secondary time-series data set during the period 1995-2018 to determine the impact of FDI, foreign aid, foreign loans, and exports on economic growth in Vietnam by using a linear approach. For this study, data was collected from the World Bank and relevant agencies in Vietnam. The results show that FDI (net inflows), foreign aid, foreign loans, exports, and GDP (current), have a positive effect at a 1% significance level on economic growth. Rather, an increase in FDI (net inflows), foreign aid, foreign loans, exports has beneficial effects on the Vietnamese economy in the study period. Based on the findings of this study, the article proposes several important policy implications for Vietnam in maintaining a high rate of economic growth via the contribution of FDI inflows, foreign aid, foreign loans, and exports.

A Descriptive Study on the Economic Activities of Middle-aged Adult Wage Workers

  • Lim, Ahn Na
    • International journal of advanced smart convergence
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    • v.8 no.3
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    • pp.1-6
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    • 2019
  • Adults in their middle age are being held back by their roles through economic activities, but their rapid retirement and job sharing are adding to their anxiety. Also, it is very important to establish welfare policies for the elderly in the future because it can predict the economic situation in the old age through the economic activities of middle-aged adults. My study analyzed the 6th data of Kreis of the National Pension Research Institute's. The number of people studied is 2,552 employed people aged 40 or over 64 across the country. According to the analysis, there were more men than women. There were many high school graduates and 50s. There were many people who had spouses and who lived in the province. Wage workers represented 53.1% of the total. The lower the age, the higher the level of education, the higher the number of wage earners. Only 29% of standard workers and 30.8% of regular workers were employed. There were many economically unstable middle-aged adults. Economic instability in the middle age requires social attention because it can lead to poverty in old age. Therefore, measures should be taken to ensure stable jobs for middle-aged adults, whose spending increases more than their income.

The Role of Digital Zakat Towards Economic Development at Slums in Indonesia

  • UTAMI, Pertiwi;Basrowi, Basrowi;NASOR, Muhammad
    • Asian Journal of Business Environment
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    • v.11 no.3
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    • pp.45-51
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    • 2021
  • Purpose: The purpose of this study is to reveal that digital Zakat has a role in economic development. Even when disasters hit densely populated areas in big cities, Zakat is distributed quickly and precisely. Research design, data, and methodology: This study uses literature studies with an approach to Islamic economics and sociology of society. The authenticity of this research is about the potential role of digital Zakat which can create sustainable economic development in slums. Result: The results of the study concluded that economic development in slums could be carried out if it collaborated with Zakat institutions which were carried out in several stages. The existence of sustainable solidarity is a serious threat in the effort to achieve development goals and this is very regrettable by almost everyone because it can increase economic inequality. Conclusion: Strategy development is obtained from empirical evidence, the construction of slums that have been carried out by other countries in various parts of the world who also have the same problem. Although statistically not analyzed the relationship between the potential for Zakat and the level of welfare of densely populated settlements, theoretically digital Zakat can be one of the pillars to achieve community welfare through the distribution of Zakat.

The Impact of Technology Transfer on Economic Development in the 4.0 Era: Empirical Evidence from the Agriculture and Rural Sector in Vietnam

  • TRAN, Quang Bach;NGUYEN, Thi Yen
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.261-272
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    • 2022
  • Agriculture and the rural sector play a crucial part in Vietnam's socio-economic growth. The study's goal is to see how technology transfer from young intellectual research activities affects the economic evolution of Vietnam's agriculture and rural sector in the 4.0 technology era. The research has used a quantitative method through analysis of linear structural model SEM, with a survey scale including 480 samples that are managers in departments and branches in agriculture and rural sector in the provinces in Vietnam. Research results show that technology transfer from research activities of the young intellectual has a direct and positive impact on economic development in agriculture and rural sector. This level of impact will increase with the participation of the intermediary factors such as awareness of managers, trust, and mechanisms in the mobilization and use of resources. These results contribute to both theoretical and practical aspects when proving the impact of technology transfer from the research activity of the young intellectual to the economic development in the field of agriculture and rural sector in the 4.0 era and the mediating role of awareness of managers, trust and mechanisms in the mobilization and use of resources.

The Impact of Globalization on CO2 Emissions in Malaysia

  • CHUAH, Soo Cheng;CHEAM, Chai Li;SULAIMAN, Saliza
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.295-303
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    • 2022
  • This study investigates the impact of globalization, coal consumption, and economic growth on CO2 emissions in Malaysia by applying the Kuznets Environmental Curve model. The study employed the Autoregressive Distributed Lag modeling technique on time series data over the period of 1970-2018 to determine the short and long-run relationship between CO2 emissions and a number of variables, including globalization, coal consumption, and economic growth. The results show that globalization increase CO2 emissions in both the short and long run in Malaysia. Furthermore, the results reveal that economic growth and coal consumption degrade the environmental quality by accelerating the CO2 emissions in the short-run and long run. As a result, the findings validate the Kuznets Environmental Curve hypothesis of an inverted U-shaped relationship between economic growth and CO2 emissions in the long run for Malaysia. The findings of this study suggest that higher globalization levels and usage of coal consumption degrade the environmental quality in Malaysia. The findings also indicate the effect of economic growth on environmental degradation is positive at the initial stage but improves after the economy achieves a threshold level of income per capita in the economic development process with an inverted U-shaped pattern in the long run.

The Nexus Between Social Mobility and Regional Disparity: Empirical Evidence from India

  • SINGH, Anuradha;MUNIYOOR, Krishna
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.1
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    • pp.229-240
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    • 2022
  • This article examines the link between regional disparity and social mobility in India. There has been a steady rise in economic inequality in India. The rapid economic growth coupled with a rise in income inequality is a serious concern in India. While the emphasis is on inclusive growth, it appears difficult to tackle the problem without looking at the intricacies of the problem. The Social Mobility Index is an important tool that focuses on bringing long-term equality by identifying priority policy areas in the country. We used a multivariate statistical approach to construct a social mobility index at the regional level by considering several social and economic variables. Our findings show that while the Union Territory of Delhi ranks first in the social mobility index, Chhattisgarh has the least social mobility. From a policy perspective, a comprehensive examination of the determinants of the social mobility index shows that health, education access, and quality, and equity of education are of great importance in improving social mobility. Considering India's potential economic growth resulting from its 'demographic dividend' and improved access, markets, and technology, increasing social mobility through facilitating equal opportunities in society is key to achieving inclusive growth.

Temperature analysis of each coolant level in turning by a multiple comparison (다중비교를 이용한 선삭가공시 절삭유량에 따른 온도변화분석)

  • 박태준;양승한;이영문;김희술
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2001.04a
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    • pp.1033-1036
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    • 2001
  • The object of this paper is to find out a coolant level, which is economic and similar to the conventional level, high level, in cutting temperature. For this, new coolant level, called a low level, was proposed, which is about 1/4 of conventional level. And the cutting temperature of each coolant level in turning was analyzed using statistical method. Firstly, it was analyzed that the temperature mean of each coolant level is not equal by ANOVA-test. Secondly by Tukey's HSD, one of multiple comparisons, it was analyzed that the temperature mean of low level is similar to that of high level and different from that of none level.

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A Theoretical Study on Trust Building in Economic Space (경제공간에서 신뢰형성에 관한 이론적 고찰)

  • Sung, Sin-Je;Lee, Hee-Yul
    • Journal of the Korean Geographical Society
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    • v.42 no.4
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    • pp.560-581
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    • 2007
  • The purpose of this paper is to present a conceptual framework and a stage of development of trust building and to study the factors affecting on the trust building in economics space. Conceptual framework on trust building in economics space is combined of in the three approaches. The macro(structural and institutional) approach includes normative and regulative factors(laws, norms), and positionality in social and economic systems(beliefs, political ideologies, institutions). The meso(intersubjective) approach contains the personal fronts(expressive factors, social cues, significant symbols) and settings(physical space, intermediary such as technologies & knowledges). The micro(subjective) approach comprises the willingness(internalization of value) and calculation(risk and uncertainties analysis) of economic actors. According to sustainable cooperation among economic actors, trust building to the macro(structural and institutional) level, the meso(intersubjective) level, and the micro(subjective) level develop by stages. The factors such as long-term and repeated interaction, information sharing and reciprocity, interdependence and asset specificity, uncertainty, proximity, and culture & norm of corporate and formal institution are determinants on the trust building across economic actors in economic space.

Development of Jeju Local Food Tour Package and Economic Value Estimation based on Contingent Valuation Method (제주 향토음식을 활용한 음식관광상품 개발 및 CVM을 적용한 경제적 가치 평가)

  • Ahn, So-jung;Yoon, Ji-young
    • Journal of the East Asian Society of Dietary Life
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    • v.26 no.4
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    • pp.346-358
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    • 2016
  • Local food reflects the identity and image of a specific region. It is also a core element for determining tourists' experience of a region. The purpose of the present study was to develop a Jeju food tour package using local foods and estimate the economic value of the suggested tour package using Contingent Valuation Method (CVM). Five food tour packages were developed by researchers. In order to modify and measure the value of each package, an expert panel survey was conducted, and 'package 5' was selected as a food tour scenario for the tourist survey. A survey was conducted on 295 domestic tourists who visited Jeju within the past 10 years in order to evaluate the economic value and feasibility of the Jeju food tour package. A total fo 72.9% of respondents answered that they were willing to pay for the Jeju local food tour, and the willingness to pay (WTP) range was between ₩45,000 and ₩105,000. The primary factors correlated with WTP was food expenses, followed by leisure experience expenses, interest in local foods, education level, visit frequency and age. The WTP of the Jeju local food tour was calculated with the significantly affected factors using stepwise regression model. The result of the present study reveal that tourists' WTP increased with higher food expenses, education level, and age group. The average value of food expenses, education level, and age were substituted into the formula derived from the regression analysis, yielding 58,385.752 KRW as the WTP. The expected economic value created by exploiting the Jeju local food tour was shown to be 700 billion KRW per year, calculated by multiplying WTP of the food tour packages by the number of tourists. This study examined the feasibility and plan of the food tour package to increase the economic value of Jeju local food. In the case of the culinary tour program based on Jeju local food launching, the estimated economic effect was great. Therefore, in-depth research to merchandise the Jeju local food tour program is needed.