• 제목/요약/키워드: consumer policies

검색결과 323건 처리시간 0.032초

Impact of Economic Policy Uncertainty and Macroeconomic Factors on Stock Market Volatility: Evidence from Islamic Indices

  • AZIZ, Tariq;MARWAT, Jahanzeb;MUSTAFA, Sheraz;KUMAR, Vikesh
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.683-692
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    • 2020
  • The primary purpose of the study is to investigate the volatility spillovers from global economic policy uncertainty and macroeconomic factors to the Islamic stock market returns. The study focuses on the Islamic stock indices of emerging economies including Indonesia, Malaysia, and Turkey. The Macroeconomic factors are industrial production, consumer price index, exchange rate. EGARCH model is employed for investigation of volatility spillovers. The results show that the global economic policy uncertainty has a significant spillover effect only on the returns of Turkish Islamic stock index. Similarly, the shocks in macroeconomic factors have little influence on the volatility of Islamic indices returns. The volatility of Indonesian and the Turkish Islamic stock indices returns is not influenced from the fluctuations in macroeconomic factors. However, there is significant volatility spillover only from industrial production to the returns of Malaysian Islamic index. The results suggest that the Islamic stock markets are less likely to influence from the global economic policies and macroeconomic factors. The stability of Islamic stocks provide opportunity for diversification of portfolios, particularly in stressed market conditions. The major price factors of Islamic markets could be firms' specific factors or investors' behaviors. The findings are helpful for policy makers and investors in formulating policies and portfolios.

인적자원 개발과 활용 관점에서 본 전업주부정책 (The Full-time Housewives Support Policy from the Perspectives of Human Resource Development and Utilization)

  • 김선미;이기영
    • 한국생활과학회지
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    • 제11권1호
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    • pp.13-29
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    • 2002
  • This study was performed to discuss how to develop policies to support social participation by full-time housewives, from the perspectives of human resource development and utilization. This study focused on three areas of potential human resource development: (a) labor force participation (b) social education (c) volunteerism. It analyzed the related "social infrastructures," especially labor market situation and child care systems. The current governmental policies and other social programs implemented by various institutions as well as the relevant literatures were reviewed. The preliminary policy proposals outlined in this study were evaluated by the policy developers and experts through several hearings and discussions. Programs proposed from this study were as follows : (a) programs to support housewives who wish to find employment or create a self-owned business, (b) educational programs exclusively offered for full time housewives, and (c) programs to award certificates and rewards and to create paid employment tied to volunteer work. In addition, the ways how to ameliorate the gender discrimination by changing the labor and social environments and institutionalizing the child care were discussed.

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Subsidy Rationalisation for General Purpose Flour: Market and Economics Implications

  • Kari, Fatimah Binti;Masud, Muhammad Mehedi;Saifullah, Md. Khaled
    • The Journal of Asian Finance, Economics and Business
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    • 제4권2호
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    • pp.25-36
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    • 2017
  • Subsidies are an instrumental policy making tool for many governments, but their importance depends on the market situation of the national economy. Efficient subsidy implementation would allow the government to correct market failure thereby aligning social and private costs and benefit. The general objective of this study is to justify the need to rationalise subsidies for food items such as flour. This study assessed the structure and conducts of the general purpose flour market in Malaysia; and analysed the impact of subsidies on market performance to recommend policies to increase market efficiency under the subsidy rationalisation program. To accomplish these objectives, the study adopted a microeconomics market analysis as well as the standard structure and performance analysis method. These two approaches showed the characteristics of an industry's consumer behaviour, competition, as well as the efficiency associated with government regulatory policies on the flour industry. One of the biggest influences on the domestic market is related to the food consumption behaviour of the general population. Food consumption behaviour reflects global trends. As income rises, food trends tend to be consumed in processed form or in such a way that adds value in another manner such as the preparation of food products.

부산시 도시차원에서의 에너지 사용 현황 분석 (Analysis of City Level Energy Usage in Busan)

  • 김남욱;홍진영;박률
    • 대한설비공학회:학술대회논문집
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    • 대한설비공학회 2009년도 하계학술발표대회 논문집
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    • pp.1185-1190
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    • 2009
  • Korea is an industrial country that overspends energy and has a policy that is more focused on a supply side. When an urban developmental program is to set up, surveys are carried out only with the respect to electricity, telecommunication, gas, and heating sources. Based on the existing survey results, the problems related to the supply side are being dealt with more importantly and the quantities of those supplies are estimated only by each energy source. The aim of this study is to provide basic information on energy consumption patterns of a diverse comsumer groups including industry, transportation, commerce, public and household to plan diverse energy policies. Through this basic information, it may be possible to analyze the energy consumption pattern by each consumer group and provide data for setting up efficient energy policies by the government. The energy consumption map that are analyzed and developed by the data obtained from Busan municipal area will be deposited and used as a part of the national energy statistics.

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공급사슬에서 채찍효과 최소화 대 비용 최소화 (Bullwhip Effect Minimization vs. Cost Minimization in Supply Chain)

  • 조면식
    • 한국시뮬레이션학회논문지
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    • 제22권2호
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    • pp.41-51
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    • 2013
  • 하류업체에 발생하는 소비자 수요의 조그만 변화가 상류업체로 올라갈수록 증폭되는 현상을 채찍효과(BE)라 한다. BE는 일반적으로 주문량 분산/수요량 분산으로 정의된다. 이와 같이 왜곡된 정보는 공급사슬의 비효율성을 유발하므로, 주문량의 분산을 줄이는 많은 연구들이 수행되고 있다. 그러나 본 연구에서는 BE를 최소화하는 것이 오히려 공급사슬의 비효율성을 증가시킬 수 있음을 보여 주며, 스무딩된 주문 정책을 사용하여 공급사슬의 효율성를 증가시키기 위한 새로운 목적함수를 설정한다. 최적화된 스무딩 주문정책을 연구하기 위해 시뮬레이션 최적화 기법을 사용한다.

Current status of global dairy goat production: an overview

  • Miller, Beth A.;Lu, Christopher D.
    • Asian-Australasian Journal of Animal Sciences
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    • 제32권8_spc호
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    • pp.1219-1232
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    • 2019
  • The global goat population continues to grow and is now over one billion. The number of goats raised primarily for milk production is also growing, due to expanding demand. Most of the world dairy goat production and consumption is in Asia, but a global view of the dairy goat sector reveals important lessons about building successful modern dairy goat industries. The most organized market for goat milk is found in Europe, especially in France. The European goat sector is specialized for milk production, mostly for industrial cheesemaking, while also supporting traditional on-farm manufacturing. Government involvement is significant in sanitary regulation, research, extension, support for local producer organizations, and markets, and ensures safety and quality. Nonetheless, producers are still vulnerable to market fluctuations. New dairy goat industries are developing in countries without a long goat milk tradition, such as China, the United States, and New Zealand, due to rising consumer demand, strong prices, and climate change. The mix of policies, management and markets varies widely, but regardless of the country, the dairy goat sector thrives when producers have access to markets, and the tools and skills to sustainably manage their livestock and natural resources. These are most readily achieved through strong and inclusive producer organizations, access to technical services, and policies that enable the poor and marginalized groups to benefit from increasing demand.

여성독거노인가구의 과부담 의료비 지출에 관한 연구 (The Financial Burden of Catastrophic Health Expenditure Among Older Women Living Alone)

  • 신세라
    • 가족자원경영과 정책
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    • 제23권1호
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    • pp.17-34
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    • 2019
  • Older women who live alone are among society's most vulnerable people, since they experience increased risk of multiple chronic diseases and have limited financial protection. This can lead older women living alone to catastrophic health expenditure(CHE), which is defined as a healthcare expenditure that exceeds a certain portion of a household's ability to pay. Using the Korean Longitudinal Study of Ageing(KLoSA), this study investigated the incidence of CHE among older women living alone and identified the factors related to this incidence. Applying health expenditure thresholds of 10%, 20%, 30% and 40% of ability to pay, the proportions of those with CHE were 41.3%, 22.9%, 14.6%, and 9.4%, respectively. Logistic regression models were used to identify factors related to CHE incidence, which include demographics, income, the number of chronic diseases, perceived health status, and health insurance type. The results show that the health care safety net in South Korea is insufficient for older women living alone. The findings can guide policymakers in improving healthcare and welfare policies to protect people from catastrophic payments. Particularly, welfare policies should be established for poor non-recipients who are not included within the benefits scope of the National Basic Livelihood Security System due to the unrealistic criteria of income recognition and family support obligation.

게임콘텐츠산업정책의 우선순위에 대한 연구 (The Relative Importance and Priority of Game Contents Industry Policy)

  • 전경란
    • 한국게임학회 논문지
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    • 제19권2호
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    • pp.55-66
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    • 2019
  • 본 연구는 게임콘텐츠 관련 전문가들이 지능정보시대에 콘텐츠산업의 변화를 어떻게 인식하고 있고, 콘텐츠산업 정책 중에서 어떤 평가요인에 우선순위를 두고 있는가에 대해 살펴보았다. 이를 위해 계층분석과정을 이용하여 콘텐츠산업 정책 평가요인들의 상대적 중요도와 우선순위를 분석하였다. 분석결과, '콘텐츠 기술역량 강화', '콘텐츠 전문인력 양성', '콘텐츠관련 제도개선', '콘텐츠 이용 및 소비자 안전강화'의 순으로 평가되었으며, 하위항목 분석에서는 '콘텐츠 R&D 체계구축 강화'가 가장 중요한 것으로 나타났다. 전문가집단별 분석에서는 산업계와 정책기관이 '콘텐츠기술역량 강화'를, 학계에서는 '콘텐츠 전문인력 양성'을 중요하게 평가하였다.

What Exacerbates the Probability of Business Closure in the Private Sector During the COVID-19 Pandemic? Evidence from World Bank Enterprise Survey Data

  • PHAM, Thi Bich Duyen;NGUYEN, Hoang Phong
    • The Journal of Asian Finance, Economics and Business
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    • 제9권6호
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    • pp.69-79
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    • 2022
  • The purpose of the study is to look into the likelihood of private sector enterprises going bankrupt due to COVID-19 pandemic-related issues. The data for this study was taken from the World Bank's Enterprise Survey, which was intended to assess the impact of the COVID-19 pandemic on the business sector. This study uses the Ordinal Logit Method to analyze the model with dependent variables having ordinal values. The determinants reflect business performance, innovation, business relationships, and government support. According to the estimation results, a lower probability of business closures, illiquidity, and payment delays are found in businesses that maintain sales growth, operating hours, temporary workers, product portfolio, consumer demand, and input supply. Meanwhile, the increase in online business activities and receiving support from financial institutions and the government do not help businesses reduce the risk. Moreover, higher survival is found in manufacturing and developing countries. This implies the fragility of businesses in the retail and service sectors, especially for mega-enterprises in developed countries. In addition, the negative impact of the COVID-19 pandemic on businesses in Europe and West Asia is less severe than in other regions. The results imply policies to support the private sector during the pandemic, such as increasing labor market flexibility or rapidly implementing supportive policies.

The Trend of Outsourcing Housework through Home Meal Replacement: The Consumption Value of Food Subscription Service

  • LEE, Hyun-Ah;SONG, Seo-Hyun
    • 동아시아경상학회지
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    • 제10권3호
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    • pp.75-91
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    • 2022
  • Purpose - This study aims to predict the future market and draw policy implications by analyzing the trend of outsourcing housework through the food subscription service. Research design, data, and methodology - Content analysis was conducted on the consumption value emphasized in advertisements by item targeting food subscription service advertisements. Advertisements used as research data were extracted via keyword searches on Google web pages. A total of 30 advertisements selected were used for the final analysis. Result -The consumption values emphasized in the advertisements for staple foods, refreshments, and special foods were analyzed by considering the following factors: price, convenience, health, and pleasure. Convenience and health were emphasized in the staple foods, and price and pleasure were emphasized in the snacks. In the case of special foods, convenience and pleasure appeared together with a focus on health. Conclusion - Based on the trend of food subscription services, the implications for the market and policies for outsourcing housework through home meal replacement can be presented. Considering that the consumption value of a food subscription service is differentiated by item, it is necessary to formulate a plan to develop the market and policies related to outsourcing housework.