• Title/Summary/Keyword: Economic variable

Search Result 1,151, Processing Time 0.025 seconds

The Effect of Historical and Cultural Content-based Urban Regeneration on Resident Participation and Life Satisfaction : Focusing on Incheon Open Port Cultural District (역사·문화콘텐츠를 활용한 도시재생이 주민참여와 삶의 만족도에 미치는 영향 : 인천 개항장 문화지구 중심으로)

  • Jeong, Youngmi
    • Journal of Urban Science
    • /
    • v.11 no.1
    • /
    • pp.59-68
    • /
    • 2022
  • This study, the meaning of historical and cultural content utilization in urban regeneration was examined and in the process, the causal relationship between each variable was verified through path analysis among physical, cultural, social, and economic factors. The purpose of this study is to find the main variables of historical and cultural content urban regeneration projects in which the moderating effect of economic factors and demographic characteristics, which are mediating effects, have a significant effect on resident participation and life satisfaction of local residents. Furthermore, by presenting a more integrated and effective urban regeneration policy plan, it is intended to ultimately contribute to the vitalization and direction of urban regeneration.

Reflections on the China-Malaysia Economic Partnership

  • AL SHAHER, Shaher;ZREIK, Mohamad
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.9 no.3
    • /
    • pp.229-234
    • /
    • 2022
  • The study aims to investigate whether Musharakah management has an impact on Chinese and Malaysian business partnerships. To estimate the relationship between Musharakah and the Sino-Malaysian partnership, this study uses a panel econometric technique namely pooled ordinary least squares. Ordinary Least Squares regression (OLS) is a common technique for estimating coefficients of linear regression equations which describe the relationship between one or more independent quantitative variables and a dependent variable. Data was retrieved from the annual reports (from 2009 to 2019) of non-financial firms listed on the stock exchange of China and Malaysia. Four partnership measures (i.e., Musharakah, Mudarabah, Tawuruq, and Kafalah) were used to estimate the impact of Musharakah on the Sino-Malaysian partnership. Empirical results reveal that Musharakah and Mudarabah are positively related to Kafalah but the relationship is statistically insignificant. Alternatively, Musharakah is positively and significantly related to Mudarabah. Musharakah and Mudarabah have a positive but insignificant relationship. The findings of this study suggest that management of partnership has a positive impact on firm partnership. Furthermore, it supports the hypothesis that improving partnership enhances Musharakah, which has a positive impact on the firm's partnership.

On Capital Flight from the ASEAN-8 Countries: A Panel Data Estimation

  • ISTIKOMAH, Navik;SUHENDRA, Indra;ANWAR, Cep Jandi
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.12
    • /
    • pp.43-52
    • /
    • 2020
  • This paper examines how macroeconomic variables, such as interest rate differences, inflation, exchange rates, economic growth and external debt growth, affect capital flight in the ASEAN-8 countries. We apply a panel data model with fixed effect estimation for the data for eight countries from the period 1994 to 2018. We use the residual approach used by the World Bank to measure the value of capital flight. The results show that the interest rate differences, exchange rates, economic growth and foreign debt growth had a positive and significant effect on outward capital flight. A further implication of this finding is that the interest rate differences, exchange rate, economic growth and foreign debt growth are factors that trigger an increase in capital outflow in the ASEAN-8 countries. Nonetheless, inflation rate is not considered to be the main factor influencing capital flight, as average inflation in the ASEAN-8 countries remains relatively stable. This paper will be beneficial for policymakers in the ASEAN-8 countries and encourage them to constantly pay attention to these four variables, as they significantly influence capital flight, whereas they can disregard the impact of the inflation variable that is not significant in influencing capital flight.

Supply Chain Analysis in Public Works: The Role of Work Climate, Supervision and Organizational Learning

  • SOETJIPTO, Noer;KURNIAWAN, Gogi;SULASTRI, Sulastri;RISWANTO, Ari
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.12
    • /
    • pp.1065-1071
    • /
    • 2020
  • The study aims to analyze the supply chain role of supervision, discipline, work climate, and organizational learning on the performance of community services at the public works. This study took a sample of employees through purposive sampling technique at the Public Works Office and Bina Marga in a regency in East Java. Data through questionnaire was collected through a 5-point Likert scale model. The results show that the application of employee discipline affects the performance of public services, with a contribution of 39.7%, meaning that discipline and organizational learning are implementation factors that have an effect on public service performance. In stepwise regression analysis, the supervisory factor has a correlation with service performance, but it is less relevant, while the work climate is not relevant as a predictor variable to improve public service performance. The study revealed the importance of the supply chain policy of implementing good and clean governance and the enactment of the performance appraisal of the government apparatus established through Good Corporate Governance of the state apparatus. The findings provide a basis to encourage the public sector performance to smooth every step of supply chain management of every government project work, especially in the field of public services.

Structural Model Analysis of the Relationships Between Socio-economic Status of Family, Home Environment Stimulation, Children's Behavioral Problems, and Interactive Peer Play of Preschool Children (유아의 또래놀이 상호작용에 영향을 미치는 사회경제적 지위, 가정환경자극 및 유아의 행동문제 간의 구조적 관계)

  • Kim, Seri;Lee, Kangyi
    • Korean Journal of Childcare and Education
    • /
    • v.12 no.6
    • /
    • pp.41-58
    • /
    • 2016
  • This study investigated the relationships between socio-economic status of family, home environment stimulation, children's behavioral problems, and interactive peer play of preschool children. Surveys of 2,150 Korean mothers with their preschool children(Mean age= 51.9 months) from the Panel Study of Korean Children by Korea Institute of Child Care and Education were analyzed using structural equation modeling. Each variable's confirmatory factor analysis showed the correlation coefficient below .85, which made a satisfactory level of discriminant validity. The model fit to the data well, with an agreeable level of index. The major findings were as follows. First, SES did not significantly affected children's interactive peer play. Second, SES significantly affected home environment stimulation and children's behavioral problems. And the relationship between SES and children's behavioral problems are significantly mediated by home environment stimulation. Third, the relationship between SES and children's interactive peer play are significantly mediated by home environment stimulation and children's behavioral problems. These results help better understand the paths among the home characteristics and children's behavioral problems on children's social development. Interpretation and implication of the results have been discussed.

Development of a Numerical Model for Measuring a Comprehensive Regional Accessibility (종합지역접근성 측정모형의 개발)

  • 노정현;류재영
    • Journal of the Korean Regional Science Association
    • /
    • v.10 no.2
    • /
    • pp.61-71
    • /
    • 1994
  • Despite of being the criteria to choose the efficient and reasonable alternatioves inactual planning process, the measure of accessibility rarely has applied to practices because each model has unexplicity concept of it and limitations in itself. Accessibility implies transportation system which offers opportunity of movement to overcome spatial separation and, simultaneously, land-use system which represents the location of each activity. Therefore, measures of accessibility have to represent the attractiveness of locations and the interactions of activities, that is, land-use and transportation, with an index. Considering that urban activity is based on the economic efficiency, costs and benfits, accessibility means the economic efficiency of the location of activity and the travel in view of land-use and transport repectively. Combined models that measure accessibility with considering land-use and tranportation simultaneously depend on reasonable concepts, but it is too simple for them to explain the accessibility which resulted from complex interaction of urban activities. Combined urban activity model developed by Kim (1983) and Rho (1989) explains the characteristics of activities in each regions and urban strcture in economic general equilibrium states in the long term of urban system. This model measures a regional accessibility with a dual variable which means the location surplus. This is a more systematic and comprehensive model for calculating the regional accessibility because it considers the interaction of each activity in urban system. It needs efforts to apply the accessibility index as a criterion in actual planning process through finding and quantitification of other explanatory variables to measure it in combined urban activity model.

  • PDF

Import Patterns of Eyeglasses Industry (안경산업의 수입행태)

  • Hyun, Sung-Chul;Lim, Jun-Hyeong
    • Journal of Korean Ophthalmic Optics Society
    • /
    • v.14 no.4
    • /
    • pp.11-17
    • /
    • 2009
  • Purpose: The purpose of this study is to provide an empirical overview of the import patterns of the Eyeglasses and Contactlens industry. Methods: This study used an Engle-Granger cointegration technique and Johansen's multivariate cointegraion methodology test to check the stationarity of the model. This paper also applies Rolling regression to our model, indicating that Eyeglasses and Contact Lens import is endogenous to the economic variable. Results: The empirical results show how the import in Eyeglasses and Contact Lens is related to the economic variables. Conclusions: This paper shows how the import of Eyeglasses and Contactlens is influenced by economic variables, such as exchange rate and industrial product, and seasonal factors.

  • PDF

The Effects of Consumption Value and Consumer Trust on Crowdfunding Participation Intention

  • SHIN, Myoung-Ho;LEE, Young-Min
    • Journal of Distribution Science
    • /
    • v.18 no.6
    • /
    • pp.93-101
    • /
    • 2020
  • Purpose: While crowdfunding functions as a purchasing behavior, it is different from other purchasing behavior. It derives from non-existed idea and leads to production and purchase through continuous idea development with participants and participants' support is a proxy for future sales. This study researches on consumption value, customer's trust and consumer's innovativeness to reveal which constructs of consumption value and customer's trust should be considered. Research design, data, and methodology: Crowdfunding participation intentions were examined using consumer's consumption value and trust of platforms as independent variables, and consumer innovation as a control variable. A total of 175 surveys were used for analysis. The hypothesis was tested using hierarchical regression analysis. Results: The results showed economic, epistemic value and ability, benevolence consumer trust to have a significant effect in crowdfunding participation intentions. The moderating effect of innovation was shown to be significant in only economic value and benevolence. Conclusions: The economic and hedonic value of consumers should be emphasized, as well as the evaluation level of the project itself. Moreover, technology or system safety, competency, and product specific information, as well as user benefits for their ideas are core elements in attracting new participants.

The Dynamic Relationship of Domestic Credit and Stock Market Liquidity on the Economic Growth of the Philippines

  • CAMBA, Abraham C. Jr.;CAMBA, Aileen L.
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.1
    • /
    • pp.37-46
    • /
    • 2020
  • The paper examines the dynamic relationship of domestic credit and stock market liquidity on the economic growth of the Philippines from 1995 to 2018 applying the autoregressive distributed lag (ARDL) bounds testing approach to cointegration, together with Granger causality test based on vector error correction model (VECM). The ARDL model indicated a long-run relationship of domestic credit and stock market liquidity on GDP growth. When the GDP per capita is the dependent variable there is weak cointegration. Also, the Johansen cointegration test confirmed the existence of long-run relationship of domestic credit and stock market liquidity both on GDP growth and GDP per capita. The VECM concludes a long-run causality running from domestic credit and stock market liquidity to GDP growth. At levels, domestic credit has significant short-run causal relationship with GDP growth. As for stock market liquidity at first lag, has significant short-run causal relationship with GDP growth. With regards to VECM for GDP per capita, domestic credit and stock market liquidity indicates no significant dynamic adjustment to a new equilibrium if a disturbance occurs in the whole system. At levels, the results indicated the presence of short-run causality from stock market liquidity and GDP per capita. The CUSUMSQ plot complements the findings of the CUSUM plot that the estimated models for GDP growth and GDP per capita were stable.

Factors on Financial Preparation for Retirement: Focusing on Money Transfer between generations (경제적 은퇴준비행동의 영향요인: 세대간 자산이전 요인을 중심으로)

  • Jung, Ji Young;Yang, Se-Jeong
    • Journal of Family Resource Management and Policy Review
    • /
    • v.17 no.1
    • /
    • pp.199-219
    • /
    • 2013
  • The purpose of the study was to investigate the effects of money transfer between generations on preparation behaviors for retirement, separated into assets and saving for retirement. The survey was conducted by targeting 422 married people across the nation. The factor of money transfer between generations was defined as the inheritance and gift variable. The data were analyzed using SPSS 20. Correlation, analysis of variance (ANOVA), and multiple regressions were utilized. The results indicated that preparation behaviors for retirement are affected by the economic independence of parents, inheritance, expenses for children's education, and marriage. Retirement assets were significantly affected by inheritance, the economic independence of parents, educational expenses for children, financial assets, and amount of debt, while the significant factors related to retirement savings were interests on retirement, income, wedding expenses for children, economic independence of parents, and educational expenses for children. It was concluded that the financial preparation for retirement ought to be expanded from one household's finances to finances between generations.

  • PDF