• Title/Summary/Keyword: Mining Sector

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Analysis of Economic Development Based on Environment Resources in the Mining Sector

  • NAZIR, Munawir;MURDIFIN, Imaduddin;PUTRA, Aditya Halim Perdana Kusuma;HAMZAH, Nasir;MURFAT, Moch Zulkifli
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.133-143
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    • 2020
  • The purpose of this study is to investigate the economic potential of the regions from the mining sector of North Morowali, Central-Sulawesi, Indonesia, and the formulation of pro-business regional development management that aims to create synergy between the local government and mining sector entrepreneurs. This study uses a descriptive qualitative approach by taking data in the form of primary data from FGD and secondary data observations from statistical bureau data in the North Morowali, Indonesia. The analysis unit uses SWOT analysis to determine the economic potential of the North Morowali and Location Quotient (LQ) to analyze the economic potential of the mining sector. The research period covers one year (2018-2019) in North Morowali, Indonesia. All the mining products have considerable potential as a financing unit in North Morowali, while mining potential has not been maximally exploited. The absence of regulations, facilities such as road access, and optimal land and sea transportation are the causes of the difficulty of optimization and access to explore mining products comprehensively. As a new province at Central Sulawesi, more efforts and the role of government are needed to focus attention to North Morowali as an area with great potential in the mining sector.

The Determinants of Foreign Direct Investment in the Mining Sector: A Panel Analysis (광업부문에 대한 외국인직접투자 결정요소: 패널 분석)

  • Ulzii-Ochir, Nomintsetseg;Sohn, Chan-Hyun
    • International Area Studies Review
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    • v.15 no.3
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    • pp.145-174
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    • 2011
  • Attracting foreign direct investment in the mining sector becomes a key factor for the continuing economic growth for mining-dependent developing countries. This paper attempts to identify the determining factors that attract FDI inflows into the mining sector. Based on previous conceptual studies, the authors have attempted empirical analyses on a panel of 40 mining countries for the period 1996-2009. These empirical results are the first of their kind given the variables employed are arguably the most comprehensive and exhaustive to date. The empirical results show that market size, trade openness, quality of mined products, quality of infrastructure, regulatory quality, and perceived economic risk associated with the country are positively related to investments in mining. Whereas, tariff rate, corporate tax rate, extent of corruption, and political instability are negatively related to FDI inflows in the mining sector. The empirical results also show that developing countries tend to attract greater amounts of FDI in the mining sector compared to their developed counterparts.

A Study on the Improvement of the Defense-related International Patent Classification using Patent Mining (특허 마이닝을 이용한 국방관련 국제특허분류 개선 방안 연구)

  • Kim, Kyung-Soo;Cho, Nam-Wook
    • Journal of Korean Society for Quality Management
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    • v.50 no.1
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    • pp.21-33
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    • 2022
  • Purpose: As most defense technologies are classified as confidential, the corresponding International Patent Classifications (IPCs) require special attention. Consequently, the list of defense-related IPCs has been managed by the government. This paper aims to evaluate the defense-related IPCs and propose a methodology to revalidate and improve the IPC classification scheme. Methods: The patents in military technology and their corresponding IPCs during 2009~2020 were utilized in this paper. Prior to the analysis, patents are divided into private and public sectors. Social network analysis was used to analyze the convergence structure and central defense technology, and association rule mining analysis was used to analyze the convergence pattern. Results: While the public sector was highly cohesive, the private sector was characterized by easy convergence between technologies. In addition, narrow convergence was observed in the public sector, and wide convergence was observed in the private sector. As a result of analyzing the core technologies of defense technology, defense-related IPC candidates were identified. Conclusion: This paper presents a comprehensive perspective on the structure of convergence of defense technology and the pattern of convergence. It is also significant because it proposed a method for revising defense-related IPCs. The results of this study are expected to be used as guidelines for preparing amendments to the government's defense-related IPC.

The Effect of Foreign Direct Investment Inflow on Exports: Evidence from Vietnam

  • DO, Duc Anh;SONG, Yinghua;DO, Huu Tung;TRAN, Thi Thu Hien;NGUYEN, Thanh Thuy
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.325-333
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    • 2022
  • Foreign direct investment (FDI) and export are now often regarded as two of the most important drivers of economic growth on a worldwide scale. The impact of foreign direct investment on Vietnam's exports is investigated in this study. The data for the time period 1985-2020 was obtained from the World Bank and the Vietnam General Statistics Office. The years 1985 to 2020 were chosen to evaluate the evolution of macroeconomic parameters since 1986. The impact of the Covid-19 epidemic on renovation reform. The Johansen co-integration test proved that FDI and domestic investment (DI) had a long-term positive impact on Vietnam's export growth. The Granger causality test revealed that there is a one-way relationship between FDI and export in the near term, but no such relationship exists between DI and export. The result of the variance decomposition study demonstrates that the FDI sector has a bigger impact on Vietnam's export growth than the DI sector. Furthermore, export activities are vulnerable to FDI sector shocks. As a result, in recent years, FDI has been regarded as the most important factor of export growth in Vietnam.

Data Mining for the Effectiveness of Government Support Strategies for Technology Innovation in Service Sectors (서비스 부문의 기술혁신목적별 정부 지원제도의 활용도 분석 연구)

  • Hwang, Doo-Hyun;Kim, Woo-Jin;Sohn, So-Young
    • IE interfaces
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    • v.21 no.2
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    • pp.237-246
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    • 2008
  • In today's competitive global environment, technological innovation is an important issue. Many countries are devising national level strategies to further strengthen industrial capacity in support of innovative companies. South Korea is no exception, and multiple strategies are in place to aid innovative development in the private sector. This study postulates that such national level strategies are applied differently depending on the innovation goal pursued by the service sector in Korea. We use data mining methods to test such research hypothesis. Factor analysis is used for clustering of various service companies, while association rule is used in finding the relationship per each cluster. The results show that national level strategies are underutilized and unequally distributed. This may be attributed to the disparity between the demand and needs of the private sector and the opinion of the government, which lead to underutilized and indistinguishable strategies.

Analysis of Business Process in the SCM Sector Using Data Mining (데이터마이닝을 활용한 SCM 부문에서의 비즈니스 프로세스 분석)

  • Lee, Sang-Young;Lee, Yun-Suk
    • Journal of the Korea Society of Computer and Information
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    • v.11 no.6 s.44
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    • pp.59-67
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    • 2006
  • If apply BPM that is a business process management tool to SCM sector, efficient process management and control are available. Also, BPM can execute integrating process that compose SCM effectively. These access method does to manage progress process of SCM process more efficiently and do monitoring. Also, It is can be establish plan about improvement of process analyzing process achievement result. Thus, in this paper, introduce this BPM into SCM environment. Also, SCM process presents plan that executes integration and improves business process effectively applying data mining technique.

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Applications of the Text Mining Approach to Online Financial Information

  • Hansol Lee;Juyoung Kang;Sangun Park
    • Asia pacific journal of information systems
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    • v.32 no.4
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    • pp.770-802
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    • 2022
  • With the development of deep learning techniques, text mining is producing breakthrough performance improvements, promising future applications, and practical use cases across many fields. Likewise, even though several attempts have been made in the field of financial information, few cases apply the current technological trends. Recently, companies and government agencies have attempted to conduct research and apply text mining in the field of financial information. First, in this study, we investigate various works using text mining to show what studies have been conducted in the financial sector. Second, to broaden the view of financial application, we provide a description of several text mining techniques that can be used in the field of financial information and summarize various paradigms in which these technologies can be applied. Third, we also provide practical cases for applying the latest text mining techniques in the field of financial information to provide more tangible guidance for those who will use text mining techniques in finance. Lastly, we propose potential future research topics in the field of financial information and present the research methods and utilization plans. This study can motivate researchers studying financial issues to use text mining techniques to gain new insights and improve their work from the rich information hidden in text data.

Taxation Analysis Using Machine Learning (머신러닝을 이용한 세금 계정과목 분류)

  • Choi, Dong-Bin;Jo, In-su;Park, Yong B.
    • Journal of the Semiconductor & Display Technology
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    • v.18 no.2
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    • pp.73-77
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    • 2019
  • Data mining techniques can also be used to increase the efficiency of production in the tax sector, which requires professional skills. As tax-related computerization was carried out, large amounts of data were accumulated, creating a good environment for data mining. In this paper, we have developed a system that can help tax accountant who have existing professional abilities by using data mining techniques on accumulated tax related data. The data mining technique used is random forest and improved by using f1-score. Using the implemented system, data accumulated over two years was learned, showing high accuracy at prediction.

Insights Discovery through Hidden Sentiment in Big Data: Evidence from Saudi Arabia's Financial Sector

  • PARK, Young-Eun;JAVED, Yasir
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.457-464
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    • 2020
  • This study aims to recognize customers' real sentiment and then discover the data-driven insights for strategic decision-making in the financial sector of Saudi Arabia. The data was collected from the social media (Facebook and Twitter) from start till October 2018 in financial companies (NCB, Al Rajhi, and Bupa) selected in the Kingdom of Saudi Arabia according to criteria. Then, it was analyzed using a sentiment analysis, one of data mining techniques. All three companies have similar likes and followers as they serve customers as B2B and B2C companies. In addition, for Al Rajhi no negative sentiment was detected in English posts, while it can be seen that Internet penetration of both banks are higher than BUPA, rarely mentioned in few hours. This study helps to predict the overall popularity as well as the perception or real mood of people by identifying the positive and negative feelings or emotions behind customers' social media posts or messages. This research presents meaningful insights in data-driven approaches using a specific data mining technique as a tool for corporate decision-making and forecasting. Understanding what the key issues are from customers' perspective, it becomes possible to develop a better data-based global strategies to create a sustainable competitive advantage.

The Evaluation of Personal Protective Equipment Usage Habit of Mining Employees Using Structural Equation Modeling

  • Kursunoglu, Nilufer;Onder, Seyhan;Onder, Mustafa
    • Safety and Health at Work
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    • v.13 no.2
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    • pp.180-186
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    • 2022
  • Background: In occupational studies, it is a known situation that technical and organizational attempts are used to prevent occupational accidents. Especially in the mining sector, if these attempts cannot prevent occupational accidents, personal protective equipment (PPE) becomes a necessity. Thus, in this study, the main objective is to examine the effects of the variables on the use of PPE and identify important factors. Methods: A questionnaire was implemented and structural equation modeling was conducted to ascertain the significant factors affecting the PPE use of mining employees. The model includes the factors that ergonomics, the efficiency of PPE and employee training, and PPE usage habit. Results: The results indicate that ergonomics and employee training have no significant effect (p > 0.05) on the use of PPE. The efficiency of PPE has a statistically meaningful effect (p < 0.05) on the use of PPE. Various variables have been evaluated in previous studies. However, none of them examined the variables simultaneously. Conclusion: The developed model in the study enables to better focus on ergonomics and employee training in the PPE usage. The effectiveness of a PPE makes its use unavoidable. Emphasizing PPE effectiveness in OHS training and even showing them in practice will increase employees' PPE usage. The fact that a PPE with high effectiveness is also ergonomic means that it will be used at high rates by the employee.