• Title/Summary/Keyword: Industrial Factor

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Fiscal Convergence and Total Factor Productivity: Firm-Level Evidence from Pakistan

  • KHAN, Usman Shaukat;KHAN, Muhammad Arshad;NAWAZ, Saima;RAHMAN, Abdul
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.555-569
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    • 2020
  • This study examines the impact of corporate tax, a fiscal measure along with trade liberalization and research and development on total factor productivity for a panel of 153 industrial firms listed on the Pakistan Stock Exchange over the period 1997-2017. For empirical analysis, we employ the system generalized method of moment estimator. In the first step, we estimate industrial production function and the results reveal that raw material, industrial labour force and energy play vital role in enhancing industrial production. Whereas, industrial capital exerts negative impact on industrial output. We also measured total factor productivity using the production elasticities. In the second step, we examine the impact of corporate tax, trade liberalization and research and development on total factor productivity. The results indicate that higher level of corporate tax exerts negative impact on total factor productivity. The findings reveal that higher corporate taxation discourages industrial firms to undertake research and development thereby exerting adverse impact on total factor productivity of firms. The impact of trade liberalization proxied by average tariff is positive while customs duty and sales tax negatively impact firm-level total factor productivity. These findings provide useful insights for managers, investors and policy makers in Pakistan.

A Study on Influence Factors of Purchasing Decision Making of Industrial Buyer (산업재 구매자의 구매의사결정에 미치는 영향요인에 관한 연구)

  • Lee, Seung-Hui;Lee, Yeong-Ha;Kim, Hye-Gyeong
    • 한국디지털정책학회:학술대회논문집
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    • 2007.06a
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    • pp.205-214
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    • 2007
  • This paper aimed to exam the influence factor of purchasing decision making of industrial buyer and analyze their effects on success. To accomplish this purpose, this study examined previous studies and summarized influence factors of purchasing decision making of industrial buyer. From previous studies, we drew influence factor. influence factor is buying center, character of industrial goods provider, perceive risk.

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Analysis of the Typology and Factors Affecting the Decline in Old Industrial Parks (노후산업단지의 쇠퇴 영향요인과 유형화에 관한 연구)

  • Park, Hwan Yong;Park, Ji Ho
    • Korea Real Estate Review
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    • v.27 no.4
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    • pp.7-20
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    • 2017
  • This study attempts to diagnose and categorize the characteristics of old industrial parks, and eventually link the results to the regeneration of industrial complexes. For this reason, we performed a factor analysis by utilizing 15 indices of 89 industrial parks, excluding 5 large equipment industry sites. The 15 indices were classified into 5 factors. Factor 1 can be described as a category of 'urbanization possibility' for the indices of building age, plot ratio of less than $1,650m^2$, and urbanization ratio of the surrounding area. Factor 2 can be described as a category of 'productive efficiency' for the indices of land productivity, amount of exports by land, employment productivity, and repair costs of industrial areas. Factor 3 can be described as a category of 'infrastructure amenity' for the indices of road ratio, plot ratio attached to the road, and parks and recreation ratio. Factor 4 can be described as a category of 'location potentiality' for the indices of land price, infrastructure age, and distance to the highway, while factor 5 can be described as a category of 'availability of supporting facilities' for the indices of parking lot ratio and supporting facility land ratio. By using these 5 factor scores, we were able to extract industrial parks included in the lower 25% of the factor score and searched for what kind of factor problem they have for each industrial park. Based on these results, this research will provide sufficient information on the decline of industrial parks with respect to their demerits. The results of this study show significant implications and contribute to the establishment of policies for regional competitiveness, as well as job creation, in the process of industrial regeneration.

Estimation of Failure Rate and Acceleration Factor in Accelerated Life Testing under Type-I Censoring (정시중단 가속수명시험에서 고장률과 가속계수의 추정)

  • Kong, Myung Bock;Park, Il Gwang
    • Journal of Korean Institute of Industrial Engineers
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    • v.29 no.2
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    • pp.145-149
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    • 2003
  • We consider the estimation of failure rate and acceleration factor under type-I censoring without using acceleration model when testing is conducted in only one highly accelerated condition. Failure times of an item are assumed to be exponentially distributed. It is also assumed that the uncertainty about the acceleration factor, the failure time contraction ratio between accelerated condition and use condition, can be modeled by the uniform or gamma prior distribution of appropriate parameters. We respectively use Bayes and maximum likelihood approaches to estimate acceleration factor and failure rate in the use condition. An example is given to show how the method can be applied.

Analysis of the Productivity and Technological Change of the Manufacturing and Service Industries in Korea (우리나라 제조업과 서비스업의 생산성과 기술변화 비교분석)

  • Bae, Young-Im;Song, Sung-Hwan;Gwon, Seong-Hoon;Hong, Soon-Ki
    • IE interfaces
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    • v.21 no.3
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    • pp.312-321
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    • 2008
  • The productivity increase by technological advance is the biggest driving force of economic growth. In this paper, we investigate the inputs and outputs of the manufacturing and service industries in Korea. We also estimate the total and partial factor productivities of both industries using the Solow model and the Kendrick model. Finally, we analyze the contribution of each input factor to industrial growth.

A Study on the Effects of Technology Orientation on the Enterprise Management Performance of Small and Medium-Sized Manufacturer (중소제조기업에서 기술지향성이 경영성과에 미치는 영향에 관한 연구)

  • Yeo, Hyeong-Un;Chung, Young-Bae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.4
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    • pp.54-62
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    • 2014
  • This paper is present the Technology Orientation affects to Enterprise Management Performance. In order to carry out this research, we obtained 212 survey sheets and inspected ten assumptions based on the reliability, validity of the questionnaires. The results of regression analysis are summarized as follows; First, the factor of Technology Orientation, research development activity, affects to all factor of Enterprise Management Performance significantly. Second, the factor of Technology Orientation, research development environment, only effect on the technology performance. Third, research development ability is affect to technology performance and new product performance that factor of Enterprise Management Performance. Finally, technology industrialization ability isn't affects to Enterprise Management Performance significantly. Based on the results, we are recommendations for small and medium-sized manufacturing enterprises.

A Study on Simultaneous Load Factor of Intelligent Electric Power Reduction System in Korea (한국의 지능형 전력동시부하율 저감시스템에 관한 연구)

  • Kim, Tae-Sung;Lee, Jong-Hwan
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.1
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    • pp.24-31
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    • 2012
  • This study is designed to predict the overall electric power load, to apply the method of time sharing and to reduce simultaneous load factor of electric power when authorized by user entering demand plans and using schedules into the user's interface for a certain period of time. This is about smart grid, which reduces electric power load through simultaneous load factor of electric power reduction system supervision agent. Also, this study has the following characteristics. First, it is the user interface which enables authorized users to enter and send/receive such data as demand plan and using schedule for a certain period of time. Second, it is the database server, which collects, classifies, analyzes, saves and manages demand forecast data for a certain period of time. Third, is the simultaneous load factor of electric power control agent, which controls usage of electric power by getting control signal, which is intended to reduce the simultaneous load factor of electric power by the use of the time sharing control system, form the user interface, which also integrate and compare the data which were gained from the interface and the demand forecast data of the certain period of time.

Water Quality Evaluation on the Bottom Water of Masan Bay by Multivariate Analysis (다변량 해석에 의한 마산만 저층수의 수질평가)

  • Lee, Mu-kang;Hwang, Jeung-Wook;Choi, Young-Kwang
    • Journal of Environmental Science International
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    • v.5 no.1
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    • pp.15-23
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    • 1996
  • During the last two decades, many industrial complexes for heavy and chemical industries have been established along the Korean coastline, thereby increasing the pollution materials burden on the coastal environment of seawater. Masan Bay is one of the most polluted coastal areas in Korea and the main soures of pollutants are domestic and industrial wastewater from Masan, Changwon. This study was aimed to evaluate relationships among the physicochemical parameters in the bottom water of Masan bay and to examine environmental factors affecting to pollutions of seawater by factor analysis. 'rife factor loading, 1 is showed higher increasing inclination after 1989 year in station 1. The variance of pollutant materials is showed 43.7% in which the coastal inflow water is indicated external loadings(factor 1 : NO3--N, TN, factor 4 : SiO2-Si) corresponded to domestic sewage, industrial wastewater, and earth-sands in the bottom water of Masan bay And the internal loadings(factor 2 : SS, salinity, factor 3 . W.T., DO) are explained 33.8%'corresponded the phenomena of sedimentary layer and oxygen concentration. Therefore, The external loadings are explained by the higher factor pollutantal variance in Masan bay.

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Effect of Work Intensity on Fit Factor and Affecive Quality of Dustproof Mask (작업 강도가 방진 마스크의 밀착도와 감성품질에 미치는 영향)

  • Lee, Jinsil;Cho, Sunhee;Yun, Jungmin;Kim, Min-Sun;Park, Jaekyu;Choe, Jaeho
    • Journal of Korean Society for Quality Management
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    • v.46 no.2
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    • pp.301-310
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    • 2018
  • Purpose: The purpose of this study is to investigate the effect of work intensity on fit factor and affective quality of the dustproof Background: Among the victims who suffer pneumoconiosis due to the inhalation of toxic substances or the lack of oxygen during the work, the proportion of the victims is larger than the other causes. Wearing a respirator may prevent pneumoconiosis, but it can be hazardous to workers because of the leakage through filters, cartridges, exhaust valves, broken parts, and face-to-face contact. Despite leakage through the contact area between the mask and the face has various causes such as the wearer's activity, sweat accumulation, facial shape, etc., There is a lack of relevant research and regulation compared to developed countries that have already institutionalized the law 30 years ago and give the right to sell through a test Method: The work intensity was adjusted by walking or running at 6km/h and 11km/h on the treadmill, and tasks were defined with reference to the test procedure and the exercise sequence applied in the face leakage test of the dustproof mask. And fit factor was measured objectively using 'Respirator Fit Tester 8038' which measures fit factor calculated by dividing the number of dust present outside the mask by inside the mask. In addition, affective quality was classified by the ease of use, ease of breathing, and ease of wearing, and was measured using the 5-point likert scale questionnaire. Results: There was a significant difference in fit factor, ease of breathing, and wearing convenience according to work intensity and no significant difference in ease of use(${\alpha}=0.01$). And when the work intensity was high, fit factor, ease of breathing, and wearing convenience were all lower than when the work intensity was low. Conclusion: In Korea, it is necessary to consider consideration of the work intensity when testing the leakage rate of the face part for safety certification of the respiratory protective equipment, When developing a mask, it should be possible to maintain high adhesion even under intense, active situation and high temperature conditions by selecting materials, improving the wearing style, and expanding the adjustable range.

Estimation of Urbanization Factor in Wargame Model using Fractal Dimension (Fractal 차원을 이용한 워게임에서의 도시화조정계수 추정)

  • Ojeong Kwon;Jaeoh Kim;Dongchul Kim;Namsuk Cho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.1
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    • pp.42-47
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    • 2023
  • With rapid urbanization, the importance of urban warfare is increasing, and it is also required to reflect the characteristics of cities in wargame models. However, in the military's wargame models, the urbanization factor was calculated and used without theoretical basis. In this study, we investigate techniques for estimating the urbanization factor using Fractal dimension theory. The urbanization factor we propose can suggest a logical and valid representative value when used in conjunction with Agent Based Model and other methodologies.