• Title/Summary/Keyword: Economic variable

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Economic-Statistical Design of VSSI$\bar{X}$ Control Charts Considering Two Assignable Causes (두 개의 이상원인을 고려한 VSSI$\bar{X}$ 관리도의 경제적-통계적 설계)

  • Lee, Ho-Joong;Lim, Tae-Jin
    • Journal of Korean Institute of Industrial Engineers
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    • v.31 no.1
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    • pp.87-98
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    • 2005
  • This research investigates economic-statistical characteristics of variable sampling size and interval (VSSI)$\bar{X}$charts under two assignable causes. A Markov chain approach is employed in order to calculate average run length (ARL) and average time to signal (ATS). Six transient states are derived by carefully defining the state. A steady state cost rate function is constructed based on Lorenzen and Vance(1986) model. The cost rate function is optimized with respect to six design parameters for designing the VSSI $\bar{X}$ charts. Computational experiments show that the VSSI $\bar{X}$ chart is superior to the Shewhart $\bar{X}$ chart in the economic-statistical sense, even under two assignable causes. A comparative study shows that the cost rate may increase up to almost 30% by overlooking the second cause. Critical input parameters are also derived from a sensitivity study and a few guideline graphs are provided for determining the design parameters.

A Study on the Urban Housewives Economic Well-Being According to Family Cohesion and Adaptability (도시주부의 가족응집력과 적응력에 따른 경제복지감)

  • 계선자;한정화
    • Journal of Family Resource Management and Policy Review
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    • v.1 no.2
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    • pp.59-77
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    • 1997
  • The purpose of this study is to investigate some related factors which influence subjective economic well-being of the urban housewives, based on family cohesion and adaptability. Questionnaires were distributed to the 1,800 housewives residing in Seoul. The 1261 data obtained were analyzed by Frequency, Percentage, Mean and Multiple Regression. The major findings of this study were summarized as follows. (1) There were significant differences on the economic well-being of the urban housewives according to the social demographic variables, the objective variables, the perceptions of the subjective variables, the conjugal variables, the perceptions of the subjective economics well-being by the urban housewives were in the rank of the perceptions of the subjective(R²=.37), the objective variable(R²=.33) and the family cohesion and adaptability(R²=.28). Based on the above findings, this study concludes that the intermediary variables. such as family cohesion and adaptability are essential elements for comprehending the urban housewives’economic well-being. Accordingly in has been found that the value of family remains important factors to guide in despite the radical changes. If greater attentions should be directed to the social welfare, the quality of family life could be improved and stabilized.

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Perceived Ease of Use, Perceived Usefulness, Perceived Security and Intention to Use E-Filing: The Role of Technology Readiness

  • TAHAR, Afrizal;RIYADH, Hosam Alden;SOFYANI, Hafiez;PURNOMO, Wahyu Eko
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.537-547
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    • 2020
  • This study aimed to analyze evidence of the effect of perceived ease-of-use, perceived usefulness, and perceived security on the citizen's intention to use e-Filing with information technology readiness as an intervening variable. This study used primary data collected from Civil Servants Taxpayers, Indonesian National Armed Forces, and State Police of the Republic of Indonesia in Semarang City. One hundred fifty questionnaires were distributed, and 126 were processed and analyzed. The multiple linear regression and path analysis were employed to test the hypotheses. The results indicated that perceived ease-of-use and perceived security had a positive effect on the use of e-Filing, while perceived usefulness has no effect on the use of e-Filing. In addition, readiness of information technology did not mediate the relationships among the perceived ease-of-use, perceived usefulness, and perceived security on the use of e-Filing. This study implies that Directorate General of Taxes, as a provider of e-Filing services, may improve the quality of e-Filing, especially in terms of ease and security. It is because, based on the results of this study, both aspects have been empirically proven to be able to increase intention to use e-Filing in reporting the annual notification letter.

East Asian Trade Flows of Cultural Goods: A Gravity Model Approach

  • Yu, Shasha;Park, Eui Burm
    • Asia-Pacific Journal of Business
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    • v.2 no.1
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    • pp.49-73
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    • 2011
  • With the market evaluation of economic globalization exchanges between different cultures, cultural trade has been developing at an accelerated speed, and also playing an important role in East Asian intra-regional trade. In this research the author used gravity trade model to explain the causal relationship between dependent variable trade flows and several independent variables applying with five categories cultural goods which classified in HS codes. Firstly for cultural heritage trade flow, the results indicated that economic masses of bilateral countries have no significant influences on it; GDP per capita of host country and adjacency factor with partner country have significant negative influences on it; Internet coverage ratio has improved cultural heritages exchanges in East Asian regions. Secondly for printed matter cultural goods trade flow, the distance factor has significant negative influence but common language has significant positive influence on it. Thirdly for recorded media cultural goods, only economic masses and GDP per capita of bilateral countries can improved their trade flows. Fourthly for visual arts cultural products trade flows, almost all variables we tested have significant influences on it. Fifthly for cinema photography cultural goods trade flow, the influenced factor are same with cultural heritage products except they have strong positive interaction relationship with economic masses and common language. At last, the paper figured out some important and potential sectors for cultural goods trade in East Asia and gave some suggestions to government and cultural goods product enterprises.

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Economic Valuation of Yeido Park: Application of Double-Bounded Dichotomous Choice Contingent Valuation Method (여의도공원의 경제적 가치평가: 二段階 二選 假想價値推定法을 적용하여)

    • Journal of the Korean Institute of Landscape Architecture
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    • v.26 no.3
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    • pp.90-103
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    • 1998
  • The purposes of this study are to estimate the economic value and reasonable entrance fee of the Yeido Park, which is under construction in Seoul, by conduct the face-to-face interview. A total of 645 daults were selected by two stage cluster sampling. The senario was designed to meet the requirements for doubgle-bounded dichotomous choice CVM, and distributed with the photograph to epict and compare the current and suggested conditions. A donation vehicle and entrance fee were utilized to find the possibility of strategic behaviors and protest zero, and to make the data estimatable tfor interval censored survival analysis. Date was calibrated by the survival analysis to eleminate the 'fat-tail problem'. Weibull distribution was assumed as a baseline distrubution. The mean WTP of donation and entrance fee was ₩5,281 and ₩783, respectively. The economic value of this park was determined by aggregating the mean value, giving a total WTP for the population of ₩36,861,645,000. This economic value was composed with the use value and existence value. The calibrationi of the Weibull proportional hazard model showed that nearness to the park, age, intention to isit the park, and educational attainment were significant independent variable to influence an amount of donation.

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The Effect of Financial Liberalization on Economic Growth: The Case of Egypt and Saudi Arabia

  • MANSOUR, Hoda;HASSAN, Soliman
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.203-212
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    • 2021
  • Theoretically, economic growth necessitates financial liberalization. Thus, the current research examines the effect of financial liberalization on economic growth in emerging nations, with a particular focus on Egypt and Saudi Arabia. To determine this effect, the study employs a model that uses Gross Domestic Product growth as the dependent variable and the following macroeconomic variables as financial liberalization indices: Broad money as a percentage of GDP, Domestic bank credit to the private sector as a percentage of GDP, Monetary sector credit to the private sector as a percentage of GDP, Net inflows of foreign direct investment as a percentage of GDP. All data is annual data of Egypt and the Kingdom of Saudi Arabia for the period 1970-2018 obtained from the World Bank open data website. The empirical investigation employs the Autoregressive Distributed Lag (ARDL) approach. The findings indicate that, after more than three decades of implementation, both countries' financial and external liberalization policies do not have a favorable effect on their economies' growth rates. Additionally, this study has led us to conclude that any financial liberalization policy in both countries must be preceded by the strengthening of these countries' financial development and institutional frameworks, as well as the achievement of macroeconomic stability.

Socio-economic Indicators Based Relative Comparison Methodology of National Occupational Accident Fatality Rates Using Machine Learning (머신러닝을 활용한 사회 · 경제지표 기반 산재 사고사망률 상대비교 방법론)

  • Kyunghun, Kim;Sudong, Lee
    • Journal of the Korea Safety Management & Science
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    • v.24 no.4
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    • pp.41-47
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    • 2022
  • A reliable prediction model of national occupational accident fatality rate can be used to evaluate level of safety and health protection for workers in a country. Moreover, the socio-economic aspects of occupational accidents can be identified through interpretation of a well-organized prediction model. In this paper, we propose a machine learning based relative comparison methods to predict and interpret a national occupational accident fatality rate based on socio-economic indicators. First, we collected 29 years of the relevant data from 11 developed countries. Second, we applied 4 types of machine learning regression models and evaluate their performance. Third, we interpret the contribution of each input variable using Shapley Additive Explanations(SHAP). As a result, Gradient Boosting Regressor showed the best predictive performance. We found that different patterns exist across countries in accordance with different socio-economic variables and occupational accident fatality rate.

Where You Live Matters to Have the American Dream: The Impact of Collective Social Capital on Perceived Economic Mobility and the Moderating Role of Income

  • Kim, Yanghee;Yi, Youjae;Bak, Hyuna
    • Asia Marketing Journal
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    • v.23 no.1
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    • pp.29-62
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    • 2021
  • The current research develops and tests the theory that beliefs in economic mobility are affected by social capital at the community level, especially for low-income individuals. Integrating concepts from social capital and perceived economic mobility (PEM), this research hypothesizes that members of disadvantaged groups (vs. members of advantaged groups) are more likely to adjust their PEM depending on the social capital at the community level. Using archival data, multilevel analysis is employed to examine whether individual- or community-level social capital increases PEM and the extent to which income moderates this relationship. Consistent with our hypotheses, social capital at the community level is significantly associated with PEM and this relationship is stronger for low-income (vs. high-income) earners. Study 1 shows that individuals in communities with high levels of social relations and participation are more likely to have higher PEM than those in communities with lower levels. Study 2 replicates this finding with a similar dependent variable: negative prospects. Further, the PEM-enhancing and negative prospects-decreasing effects of community-level social capital are consistently stronger for low-income (vs. high-income) earners. This study extends the investigation of PEM and social capital by suggesting social capital as a possible antecedent of PEM.

Implications of IT Awareness and Digital Marketing to Product Distribution on the Performance of Makassar SMEs

  • Johannes Baptista HALIK;Dian Anggraece Sigit PARAWANSA;Indrianty SUDIRMAN;JUSNI
    • Journal of Distribution Science
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    • v.21 no.7
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    • pp.105-116
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    • 2023
  • Purpose: SMEs are one of the largest contributors to GDP for Indonesia. This study aims to investigate the effect of IT awareness and digital marketing on the performance of SMEs in the city of Makassar through product distribution. Research design, data, and methodology: IT Awareness and Digital Marketing are independent variables in this study, while Product Distribution is an intervening variable in viewing the performance of SMEs in Makassar City. The data is processed using Smart-PLS. The samples used were 381 business units operating in the city of Makassar. Results: From this study it was found that IT Awareness and Digital Marketing had a significant and positive effect on the distribution of products from SMEs in the city of Makassar. However, IT Awareness and Digital Marketing do not directly affect the performance of SMEs in the city of Makassar. So it can be concluded that both IT Awareness and Digital Marketing only affect the performance of SMEs in Makassar City through Product Distribution, not directly. Conclusions: From this study it can be concluded that SMEs in the city of Makassar should start increasing their IT awareness and use digital marketing to increase their product distribution to improve the performance of their SMEs.

Inclusive Policies and Distribution of Green Economic Transformation of Mining Areas: A Regional Development Perspective

  • Rismawati;Rahmad Solling HAMID;Mukhlis LUBIS
    • Journal of Distribution Science
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    • v.22 no.3
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    • pp.71-81
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    • 2024
  • Purpose: This study examines the impact of inclusive policies and green transformation on regional development of mining areas. Research design, data and methodology: We designed and utilized a structured questionnaire to collect data from a population of 300 individuals. The questionnaire was disseminated through Google Forms and consisted of five questions for each research variable. A total of 210 respondents completed the questionnaire, yielding a response rate of 70%. The sample was diverse in terms of gender and educational level Of the 210 respondents, 113 were female (53.8%) and 97 were male (46.2%). In terms of educational background, the sample was composed as follows: 13 individuals with a Doctorate degree (6.2%), 56 with a Master's degree (26.7%), 97 with a Bachelor's degree (46.2%), 22 with a Diploma (10.5%), and 22 with a High School education (10.5%). Results: The research outcomes highlight the significant influence of inclusive policies on driving the Distribution of green economic transformation. Emphasizing the pivotal role of inclusive distribution strategies, especially within the context of mining areas, the study sheds light on their crucial contribution to fostering regional development. Conclusion: These findings hold valuable implications for policymakers, industry stakeholders, and academics promoting environmentally conscious economic transformations.