• Title/Summary/Keyword: Economics Growth

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Factors Affecting Foreign Direct Investment: Evidence on Tay Ninh Province

  • TRAN, Thinh Quoc;DANG, Tuan Anh;TRAN, Ngoc Anh Thu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.263-269
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    • 2020
  • The purpose of this paper is to examine the impact of consumer price index, infrastructure, human resources, trade openness, and private credit on the attraction of foreign direct investment (FDI) in Tay Ninh province as well as to emphasize the important role of FDI in economic growth of developing areas. The research data was collected from Tay Ninh Statistical Office with 80 samples of a 20-year period from 2000 to 2019. Also, OLS regression method using Eviews software was employed to analyze the data obtained. The findings revealed that human resources, infrastructure and private credit have a positive and significant impact on FDI attraction in Tay Ninh province, while consumer price index was proven to affect FDI attraction negatively. Accordingly, competent authorities of Tay Ninh province should focus on stabilizing prices as well as implementing policies for developing local human resources and attracting high-quality personnel from foreign countries. Tay Ninh province also needs to pay more attention to information technology investment for synchronous development of infrastructure. Moreover, the State Bank of Tay Ninh branch needs to consider more credit sources to provide support packages for businesses, creating a strong basis for establishments to attract FDI for the province's economic development.

A Stock Assessment of Yellow Croaker using Bioeconomic Model: a Case of Single Species and Multiple Fisheries (생물경제모형을 이용한 참조기의 자원평가에 관한 연구 - 단일어종·다수어업 사례를 중심으로)

  • Sim, Seonghyun;Nam, Jongoh
    • Ocean and Polar Research
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    • v.37 no.2
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    • pp.161-177
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    • 2015
  • This study analyzes the stock assessment of yellow croaker caught mainly by the Korean stow net and gill net fisheries focusing on single species and multiple fisheries. This study standardizes fishing efforts for the two fisheries using the general linear model and uses a surplus production model based on the exponential growth model. The Clarke Yoshimoto Pooley model estimates a maximum sustainable yield(MSY), an allowable biological catch(ABC), fishing efforts for MSY($E_{MSY}$) and for ABC($E_{ABC}$). The bio-economic model is used to estimate the maximum economic yield(MEY) and fishing efforts for MEY($E_{MSY}$). Also, the study employs an economic analysis to estimate the economic interaction between stow net and gill net fisheries. The economic analysis shows the profit accruing to the two fisheries from estimated ABC. Finally, the study compares TACs based on single species and single fishery to TAC based on single species and multiple fisheries. The study proposes that the TAC assessment is necessary for single species and multiple fisheries in order to preserve resources.

Determinants of Real Interest Rates: The Case of Jordan Long-Fei

  • Ajlouni, Moh'd Mahmoud
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.4
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    • pp.35-44
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    • 2018
  • The study is aimed at investigating the main factors that affect the interest rate yields, in the long-term. In addition, the study surveys the theories and literature relating to the determinants of interest rate. The importance of which is essential not only for governments, but also for banks and corporate financial risk management decisions, including risk exposures in banks and capital markets. Interest rate influences corporate profit as well as growth. For this purpose, the study examines the impact of budget deficit, risk-free rate, capital inflows, money supply and business cycles on real interest rate in Jordan. These factors are based upon well-established theories and straightforward practical view as interest rate determinants. Using data for (1990-2015), the study employed Johansen's co-integrating test, which takes into consideration the long-term unsynchronized relationships. The data is tested for normality, symmetric correlations, covariance diagonal and unit root. The results show that the government budget deficit, short-term risk-free interest rate, capital inflows, money supply and business cycle are long-term determinants of the real interest rate in Jordan. The coefficients of government budget deficit, short-term risk-free rate, money supply and business cycle all are inversely affecting the real interest rate, while capital inflows has a positive impact on the real interest rate.

Economic Evaluation of Two Imported Soybean Meals and Two Dietary Protein Levels for Broilers (육계에 대한 두 종류의 수입대두박과 두 가지의 단백질 수준의 경제성 비교)

  • 박홍석;이봉덕
    • Korean Journal of Poultry Science
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    • v.25 no.2
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    • pp.91-98
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    • 1998
  • In order to compare economics of soybean meals (SBMS) imported from Brazil and the U.S., a feeding trial was conducted with 480 commercial broiler chicks (Abor Acres strain) for 38 days. The Brazilian SBM was brownish in color and the protein solubility in 0.2 % KOH solution was 63. 4 %. The U.S. SBM, on the other hand, was a dehulled SBM, and uniform in color (light yellow) and particle size. The protein solubility value of the latter was 76.6 %. Two dietary protein levels (19 % and 21 %) were used for each source of SBM (2x2 factorial). Chicks fed diets containing the U.S. SBM grew significantly faster (P<0.05) and utilized feed more efficiently than chicks fed diets containing Brazilian SBM. Chicks fed diets containing 21 % CP showed better growth performance and profitability than those fed the 19 % CP diets. The price of the U.S. SBM was higher but the feed cost per unit gain was lower than the Brazilian SBM. Results suggest that there are over-cooked SBMs being traded on the Korean rnarket, and attention should be given to not only the price but also the quality of SBMs.

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An Evaluation of the Thermal Supply System Alternatives Using the Multi Attribute Utility Theory (다속성 효용이론을 이용한 열공급시스템 대안 평가)

  • Lee, Deok Ki;Park, Soo Uk;Hong, Jong Chul
    • Environmental and Resource Economics Review
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    • v.15 no.3
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    • pp.451-477
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    • 2006
  • At the "Dissemination Stage", the newly configured technical design is compared with other alternatives to come up with the most desirable selection. The assessment conducted at this stage is not a simple procedure. It goes through the complex evaluation process in which various elements including economic effects and technical characteristics are considered. The reason for taking such a complex procedure is that the assessment, selection and application of the desirable technical alternative is critical for the company's competitive edge in every field of industrial sectors, thus influencing its survival and continuous growth. This study reviews the MAUT method for assessing technical alternatives of the thermal supply system design. And, to show the practical validity of the MAUT method, it is applied to the evaluation of thermal supply system alternatives in the field of energy supply system technology.

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Study on Optimal Control of Stochastic Invasive Species and Infectious Disease (확률적 확산모형을 이용한 외래종과 전염성 질병의 최적제어에 관한 연구)

  • Park, Hojeong
    • Environmental and Resource Economics Review
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    • v.20 no.2
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    • pp.357-379
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    • 2011
  • The problem of invasive species has been recently emerged as one of complicated issues due to increasing globalisation and its consequence of species immigrations. Since in most cases of invasive species it is less likely to fully eradicate them through human efforts, it is often interested in reducing the possibility of ecological disaster caused by the invasive species. This paper provides an optimal control model to minimize such possibility while allowing the stochastic nature of biological growth of the invasive species. Conditions under which the partial eradication effort is optimal are derived. Simple numerical illustration is provided using H1N1 data which is categorized as an invasive disease in microorganism level.

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Priority Re-setting for Future Core & Strategic Technologies in Agricultural and Environmental Science (농업환경 분야의 미래유망기술 및 전략기술에 관한 우선순위 재설정)

  • Cho, Keun-Tae;Joo, Jin-Ho;Ok, Yong-Sik;Shin, Bong-Chul;Kim, Jee-Yong;Lee, Jong-In
    • Korean Journal of Environmental Agriculture
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    • v.27 no.4
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    • pp.395-405
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    • 2008
  • The objective of this study was to set priority for future core technologies in agricultural and environmental science using analytic hierarchy process(AHP). Forty-six technologies were derived by specialist meetings. Evaluation criteria, for setting the priority were decided as 'technology', 'marketability', and 'public'. Eighteen specialists in agricultural and environmental science answered to the questionnaire for AHP. As the results, 'technology' was decided as the most important evaluation criterion. The 'Feasibility' in 'technology' criterion, 'Market Growth' in 'marketability' criterion, and 'Impact to other industry' in 'public' criterion were decided as sub-criteria in each criterion. The most important technology was 'Risk assessment of toxic heavy metals and establishment of accreditation criteria for environmentally friendly agricultural products.

The effects of personal and environmental factors on adolescent' self-esteem (개인적 요인 및 환경적 요인이 청소년의 자아존중감에 미치는 영향)

  • 김희화
    • Journal of the Korean Home Economics Association
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    • v.36 no.2
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    • pp.47-60
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    • 1998
  • The effects of personal(gender, physical growth) and environmental(communication with parent, intimacy of friendship, school performance, and satisfaction of school-life) factors on adolescent's self-esteem were examined in a samlpe of 525 first and second grades in middle school. The subdomains of the self-esteem were peer-related self, home self, teacher-related self, academic self, physical appearance self, physical competence self, personality self, and general self. T-test, Pearson's correlation, and regression were used as statistical analysis. Results were as follows. First, there was evidence of a gender difference in the level of the subsdomains of self-esteem: teacher-related, physical-appearance, physical-competence, and personality. Second, the factor which was the most powerful predictor of each subdomain of the self-esteem was as follows 1) the most powerful predictor of the peer-related self was the intimacy of friendship, 2) the most powerful predictor of the home self was the communication with parent, 3) the most powerful predictor of the teacher-related self was the satisfaction of school-life, 4) the most powerful predictor of the academic self was the school performance, 5)the most powerful predictor of the physical-appearance self, the physical competence self, and the personality self was the satisfaction of school-life, 6) the most powerful predictor of the general self was the school performance.

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A Case Study of Husbands' Housework Type-focused on dual-earner couples- (기혼 남성들의 가사노동 참여 유형에 관한 사례 연구-맞벌이 부부를 중심으로-)

  • 조성은
    • Journal of the Korean Home Economics Association
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    • v.36 no.10
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    • pp.35-48
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    • 1998
  • The Korean family is changing. The growth in dual-earner households has been the 'revolution' of the century, implying inevitable modification of the role division in marriage toward greater symmetry of responsibility for breadwinning and homemaking. So, the purpose of this study is to understand husbands' housework and to investigate the change of the husbands' housework. This means to investigate how the husband is related to housework. For these research purpose, 60 dual-earner couples were deeply interviewed. The major discussions of this study can be summarized as follows: There are four types of housework in men's work, the type of refusal, the type of avoidance, the type of inevitability, and the type of participation. These types are taken order to understand change in housework is women's work. Men in the type of avoidance in household work is 25%, they have a tendency to avoid housework with making any excuses. People in the type of inevitability is 20%. These men are compelled to work in household owing to circumstances beyond control. 13% of couples is type of participation. These have a new idea of housework. They don't get the gender role division. They can become a good husband. and eventually solve conflicts and problems in couples.

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The Impact of Debt on Corporate Profitability: Evidence from Vietnam

  • NGO, Van Toan;TRAM, Thi Xuan Huong;VU, Ba Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.835-842
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    • 2020
  • The study aims to investigate the impact of debt on corporate profitability in the context of Vietnam. The paper investigates the impact of debt on corporate profitability in non-finance listed companies on the Vietnam stock market. The panel data of the research sample includes 118 non-financial listed companies on the Vietnam stock market for a period of nine years, from 2009 to 2017. The Generalized Method of Moments (GMM) is employed to address econometric issues and to improve the accuracy of the regression coefficients. In this research, corporate profitability is measured as the return of EBIT on total assets. The debt ratio is a ratio that indicates the proportion of a company's debt to its total assets. Firm sizes, tangible assets, growth rate, and taxes are control variables in the study. The empirical results show that debt has a statistically significant negative effect on corporate profitability. The result also shows this effect is stronger in a non-linear (concave) way, we show that the debt ratio has nonlinear effects on corporate profitability. From this, experimental evidence shows that the optimal debt ratio is 38.87%. This evidence provides a new insight to managers of the non-finance companies on how to improve the firm's profitability with debt.