• Title/Summary/Keyword: Economics Growth

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Economic Impacts of Energy Development on Domestic Economy

  • Hojjat, Tahereh Alavi
    • The Journal of Asian Finance, Economics and Business
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    • v.1 no.1
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    • pp.41-45
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    • 2014
  • New technologies and techniques to extract natural gas and gas liquids, as well as petroleum, from shale rock have greatly altered expectations for North America's capacity to produce energy products. As a result of innovations such as hydraulic fracturing, some government, industry, and academic observers have predicted that the United States will soon become energy self-sufficient and possibly become a net exporter of natural gas and petroleum. This paper will cover literature review and measure the potential impacts on economic growth and development. Fracking, renewable energy are just a few of the things that have reshaped the energy picture over the past 20 years, how much it will change in the next 20 years and the impacts on the economy will be discussed.

Country Analysis: Algeria

  • Mehyaoul, Quafaa
    • Asian Journal of Business Environment
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    • v.5 no.3
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    • pp.29-31
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    • 2015
  • Purpose - The purpose of this country analysis is to examine its current state: economically, politically, legally, and ethically, and look at small and medium Algerian businesses to identify any issues that could hinder economic and business performance and growth. Research Design, and Methodology - This is a case study, an analytical approach, which focuses on exploring and analyzing different aspects of Algeria. Results - Since 2008, the Algerian economy has experienced a relative slowdown due to falling oil and gas prices and the economic recessions of its main trading partners, in particular, European countries. Algeria has still not managed to diversify its economy or establish competitive industrialization at the international level; it has had difficulty shifting from its economic dependence on hydrocarbons. Algerian businesses continue to face obstacles and constraints, penalized in their performance and prevented from success in a dense and competitive global marketplace. Conclusion - The Algerian economy and Algerian businesses have shown positive performance and growth over the last few decades. However, issues exist that may hinder both business and economic progress in the future.

Long-Run Behavior of R&D Investment and Economic Growth : A Macro-Econometric Model

  • Shin, Tae-Young
    • Proceedings of the Technology Innovation Conference
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    • 2004.02a
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    • pp.83-107
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    • 2004
  • This study investigates how and through which channels R&D activities influences the national economy, using a macro-econometric model. The macro-econometric model in this study includes 24 behavioral equations and 25 identities and was estimated using the annual data. From a simulation analysis, it is shown that the R&D investment has a permanent effect on real variables; lowering prices, wages and interest rates, and increasing potential and real GDP in the long run. It is noted that the national account was recalculated to avoid double-counting in estimation of R&D stocks.

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Cooperative and Competitive Effect in Heterogeneous Networks of Healthcare System

  • Liu, Xiaoshuang;Kang, Guixia;Zhang, Ningbo;Guo, Yanyan
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.9 no.11
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    • pp.4405-4418
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    • 2015
  • Different network provides different service. To maximize the profit, heterogeneous networks form a whole, which may either compete or cooperate with each other. In this paper, the healthcare monitor network architecture is introduced to build the competitive and cooperative mechanisms of heterogeneous networks which contain three networks, namely, cellular network, WLAN and WMAN. This paper considers the natural growth rate of the network with competitive and cooperative effects. Then, the stability of the proposed model and its equilibrium points are analyzed by the ordinary differential principle. Finally, simulation results show that the natural growth rate cannot increase the profit of the network, but effective cooperative among heterogeneous networks can increase the profit of each network, and competitive may decrease the profit of each network.

A Study on Differences in Perception of Export Disruption Factors by Characteristics of Small and Medium Export Companies (중소수출기업의 특성에 따른 수출 활성화 저해요인 인식차이에 관한 연구)

  • Roh, Yoon-Jin
    • Asia-Pacific Journal of Business
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    • v.9 no.1
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    • pp.39-55
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    • 2018
  • Exports play an important role in Korea's economy and industry. Korea's share in world trade is also increasing. Governments and trade organizations are making great efforts to promote exports. However, since SMEs lack resources of enterprises, SMEs have a lot of difficulties in increasing exports compared to large enterprises. For this reason, in this study, we analyzed the difference of perception of export difficulties according to characteristics of small and medium export companies. As a result, four factors such as overseas market information, price and cost, competitiveness and regulation of importing country were derived. In addition, we investigated the differences in recognition of export difficulties by the stage of growth of company, period of export, products exported, export department, size of company. There was a significant difference in recognition. Especially, The companies which are the early stages of growth, short export period, finished product, the smaller the size of exports companies are more difficult in export difficulties.

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A Study on the Efficient peak Demand Control Method in Office Buildings (건물(建物) 최대수요전력(最大需要電力)의 효율적(效率的) 운용(運用) 방안(方案))

  • Kim, Se-Dong
    • Proceedings of the KIEE Conference
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    • 1993.07b
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    • pp.1088-1090
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    • 1993
  • This paper shows efficient peak demand control method in office buildings. With a rapid growth of national economics and living standard, electrical energy consumption markedly increased. Expecially, it is increased electrical energy comsumption in the office buildings and thus an energy conservation through efficient use of electricity became more important. From the data of electric equipment capacity and electric power consumption for 96 buildings, current levels of demand factor and a growth trend of peak loads by office buildings were surveyed and analyzed. In addition the efficient peak demand control method in office buildings were studied.

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Analysing the Acceptability of Jeonju-Wanju Hydrogen Demonstration City (전주·완주 수소시범도시 주민수용성 분석)

  • Lee, Jihoon
    • New & Renewable Energy
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    • v.17 no.4
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    • pp.28-35
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    • 2021
  • It is very important to secure hydrogen acceptability to achieve the hydrogen economy. This study empirically analyzed the factors affecting acceptance by using the results of a questionnaire administered to residents of Jeonju-Wanju Hydrogen Demonstration City. The results indicated that the safety of hydrogen infrastructure and local industry and economic growth positively affected acceptance. In particular, local industry and economic growth were more effective in improving resident acceptance. As policy factors, support for government policies and disclosure of information on projects were also positive factors. As perceptual factors, the higher interest in hydrogen and less safety concerns positively affected acceptability. Therefore, as far as hydrogen safety is concerned, it seems necessary to support local industry development to improve acceptability, disclose information related to industrial development, and introduce targeted experience programs.

Evolution of China's Economy and Monetary Policy: An Empirical Evaluation Using a TVP-VAR Model

  • Kim, Seewon
    • East Asian Economic Review
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    • v.25 no.1
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    • pp.73-97
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    • 2021
  • China has experienced many structural changes in the process of economic development over the past three decades. Using a time-varying parameter VAR model with stochastic volatility and mixture innovations, this study investigates whether such structural changes in, especially tools and operational aims of monetary policy, affect the monetary transmission mechanism. We find that impulse responses of output growth and inflation to monetary shocks have substantially increased and then reversed to decrease around 2005-2006. This time variation is mainly caused by changes in the monetary transmission mechanism, i.e., the manner in which main macroeconomic variables respond to policy shocks, rather than by changes in volatilities of exogenous shocks. The result implies that aggressive monetary policy to facilitate economic growth in the developing economies may be legitimized, unless it causes inflation seriously.

State Regulation of Banking Business in the Context of Social and Digital Transformation of the Economy

  • Rushchyshyn, Nadiya;Kulinich, Oksana;Tvorydlo, Olha;Mikhailov, Alexander;Viunyk, Olha
    • International Journal of Computer Science & Network Security
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    • v.22 no.4
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    • pp.67-72
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    • 2022
  • The main purpose of the study is to analyze the main aspects of state regulation of the banking business in the context of social and digital transformation. One of the key elements of the functioning of the economy of any country are banks that ensure the redistribution of financial resources and stimulate economic growth. However, the banking sector, like other activities, is dynamic and depends on the pace of development and forms of technological progress that affect the forms and types of information and digital technologies, as well as the globalization and remoteness of banking services. Accordingly, the need for effective implementation of the latest technologies becomes relevant, which will not only help increase consumer satisfaction with the banking product, but also ensure the development of the country's financial sector. As a result of the study, trends in the development of state regulation of the banking sector in the digital economy were identified.

Recent Trends on Smart City Security: A Comprehensive Overview

  • Hyuk-Jun, Kwon;Mikail Mohammed, Salim;Jong Hyuk, Park
    • Journal of Information Processing Systems
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    • v.19 no.1
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    • pp.118-129
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    • 2023
  • The expansion of smart cities drives the growth of data generated from sensor devices, benefitting citizens with enhanced governance, intelligent decision-making, optimized and sustainable management of available resources. The exposure of user data during its collection from sensors, storage in databases, and processing by artificial intelligence-based solutions presents significant security and privacy challenges. In this paper, we investigate the various threats and attacks affecting the growth of future smart cities and discuss the available countermeasures using artificial intelligence and blockchain-based solutions. Open challenges in existing literature due to the lack of countermeasures against quantum-inspired attacks are discussed, focusing on postquantum security solutions for resource-constrained sensor devices. Additionally, we discuss future research and challenges for the growing smart city environment and suggest possible solutions.