• Title/Summary/Keyword: economic integration

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Techno-Economic Analysis and Life-Cycle Assessment for the Production of Hydrogen from Biogas (바이오가스 기반 수소 생산공정에 대한 경제성 및 환경성 분석)

  • KIM, HYUNWOO;BAEK, YOUNGSOON;WON, WANGYUN
    • Transactions of the Korean hydrogen and new energy society
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    • v.32 no.5
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    • pp.417-429
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    • 2021
  • Due to fossil fuel depletion and environmental pollution, H2 production from organic waste has received an increased attention. In this study, we present an integrated process for the H2 production from biogas and evaluate the economic feasibility and sustainability via rigorous techno-economic analysis (TEA) and life-cycle assessment (LCA). Through the TEA, we determine the minimum H2 selling price using discounted cash flow analysis and investigate the main cost drivers. The environmental impact of the proposed process is quantified via LCA.

Motives for Consumer Behavioral Engagement on Brand-Related Social Media Content: A Study Based on Organismic Integration Theory and Personality

  • Chi T.K. Nguyen;Jusik Park
    • Asia Marketing Journal
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    • v.25 no.4
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    • pp.173-193
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    • 2024
  • This study adopts organismic integration theory (OIT) to classify and contrast the predominant roles of five motivations (i.e., economic incentives, self-presentation, information acquisition, altruism, and enjoyment) in fostering three levels of behavioral engagement on brand-related social media content. This study further examines the moderating effect of personality (thinkers vs. feelers) on these relationships. The results of PLS-SEM reveal the greater impact of autonomous motivations on content consumption (enjoyment and information acquisition) and content contribution and creation (altruism and information acquisition), compared with controlled motivations (self-presentation and economic incentives). This study also finds that thinkers mostly engage on brand-related content for information acquisition and economic incentives, whereas feelers are mostly driven by enjoyment for content consumption and by altruism for content contribution and creation. This study addresses the inconsistency in prior research findings and provides practical implications to social media marketers.

The effect of nanoparticles on the economics study of railway logistics transport based on mathematical model

  • Yanlong Zhao;Mohsen Nasihatgozar;F. Ming
    • Advances in nano research
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    • v.16 no.5
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    • pp.521-529
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    • 2024
  • The integration of nanoparticles into various industries has spurred interest in understanding their impact on logistics and transportation systems. In this study, we investigate the effect of nanoparticles on the economic aspects of railway logistics transport using a mathematical model. By incorporating factors such as transportation costs, time efficiency, and environmental considerations, we aim to assess the overall economic feasibility of integrating nanoparticles into railway logistics operations. Through mathematical modeling and analysis, we explore how the introduction of nanoparticles affects cost-benefit analyses, resource allocation, and decision-making processes within railway logistics. Our findings provide valuable insights into the economic implications of nanoparticle integration in railway transport, offering potential strategies for optimizing logistics operations and enhancing overall efficiency and sustainability.

The Role of Investment Attraction in Vietnamese Industrial Parks and Economic Zones in the Process of International Economic Integration

  • Dzung, Nguyen Tien;Tuan, Nguyen Anh;Tinh, Do Phu Tran
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.3
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    • pp.27-34
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    • 2017
  • This study aims to assess the attraction of foreign direct investment in Vietnamese economic zones (including industrial zones and economic zones). The main research method used are synthesis and comparison analysis based on the data collected from the surveyed group comprising of enterprises operating in the economic zones in the Middle (Chu Lai, Nhon Hoi, Dung Quat) and the Southern (the largest island: Phu Quoc). After conducting surveys, research results show that there is a difference between the assessment and the level to meet the requirements of investors with business environment, expressed through the following criteria: (1) the infrastructure; (2) quality of public services; (3) preferential policies; (4) labor; (5) market; and (6) social services. Based on the assessment of the identified criteria, this paper had suggested six number of recommendations to promote the role of attracting foreign direct investment capital into the economic zones in Vietnam: (1) implementing the "one-stop-shop" policy; (2) continuing to improve the infrastructure of economic zones; (3) prevent and ensure the security of economic zones; (4) implementing vocational training activities to improve quality of human resources; (5) development of supporting industries; (6) raising the quality of capital invested in the economic zone.

A Plan for Cooperation in Fisheries between South and North Korea for Unification in the 21st Century (21세기(世紀) 통일기반(統一基盤) 구축(構築)을 위한 수산협력(水産協力) 방안(方案) - 수산물교역을 중심으로 -)

  • Pak, Myong-Sop
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.14
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    • pp.323-348
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    • 2000
  • Facing the current difficulties of fisheries industry nationally and internationally, economic cooperations between South and North Korea are needed urgently. Applying the process of economic integration to fisheries sector of separated nation, cooperation processes are divided as follows; (1) indirect and direct fisheries trade, (2) reciprocal use of fishing grounds, (3) joint venture in fisheries sector, (4) free movement of production factors and common fisheries policy. Here, fisheries trade falls under economic interchange stage. Reciprocal use of fishing ground and fisheries joint venture come in economic cooperation stage. Finally. free factor movement and common fisheries policy are related with economic integration stage. This paper investigates the schemes for fisheries cooperation between South and North Korea in preparation for a unified Korea, focusing on fisheries trade. The paper is composed of 5 chapters. Chapter 2 discusses structure and characteristics of North Korea trade, and trade situation between South and North Korea. Then, the present condition of North Korea fisheries industry and fisheries trade trend between South and North Korea are presented in chapter 3. Next, chapter 4 tackles the most common problems encountered in fisheries trade between South and North Korea, and the devices and schemes to raise fisheries trade between South and North Korea. Finally, chapter 5 summarizes and concludes the research results.

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The Effect of Inter Korean Agriculture Trade on Trade Structure in Northeast Asia (남북 농업부문 교역이 동북아(한·중·일)의 교역구조에 미치는 영향 분석)

  • Cho, Sung-Taek;Kim, Gi-Hwan
    • Korean Journal of Organic Agriculture
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    • v.29 no.4
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    • pp.459-469
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    • 2021
  • Until now, research on inter-Korean economic cooperation and economic integration has been limited to the areas of the two Koreas. However, Korea is connected with many countries in Asia through the global value chain. Thus, if inter-Korean trade deepens, it may affect the trade structure of neighboring countries. In order to establish a specific inter-Korean economic integration policy when North Korea becomes a normal state in the future, an analysis that reflects the trade structure including Northeast Asia must be preceded. Therefore, in this paper, the impact of inter-Korean trade on Korea, China and Japan was analyzed using the international input and output table containing actual trade data. The scope of analysis was limited to agriculture, reflecting North Korea's demand for economic cooperation. The results show that trade in the agricultural sector between the two Koreas did not have a significant effect of production and value added. but when China and Japan participate in trade with North Korea, the production effect was calculated to be as high as 4 million dollars in Korea and up to 10 million dollars in Japan. And China showed up to 520 million dollars. In addition, the value-added effect was calculated up to $1 million in Korea, up to $4 million in Japan, and up to $250 million in China.

Can Vietnam Become The Next Tiger? Confucianism and Economic Development in the Southeast Asian Context

  • Fei, Huang
    • SUVANNABHUMI
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    • v.6 no.2
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    • pp.65-84
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    • 2014
  • Asia-Pacific Confucian Capitalism is comparable to Atlantic Protestant Capitalism in terms of economic success, as most economies influenced by Confucian culture in East Asia and Southeast Asia are economically well-off in the past 50 years, save for Vietnam. This paper seeks to determine whether Vietnam can follow the path of development of the other Confucian economies, especially in the context of globalization and upcoming regional integration. In the paper, I will use an analytic framework derived from Weber and Huntington to examine the cultural dimension of Vietnam's economic development. In the domestic field, I argue that the core values of Confucianism continue to contribute to the development in Vietnam in many ways; yet one critical element needs to be tapped: the political culture of strong leadership and efficient bureaucracy. Confucian values for development may be compromised by pushing for democratization too early in Vietnam. On a positive note, Confucianism for Vietnam is instrumental in its regional integration into Southeast Asia since it is integrative rather than exclusive. Vietnam's cultural similarity with China may however lead to too much passive learning and conflicts. In conclusion, Confucianism is a valuable asset for Vietnam's economic development, but challenges have to be addressed in order for Vietnam to become the next tiger.

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Japan and the 'Flying Geese' Pattern of East Asian Integration

  • Furuoka, Fumitaka
    • Journal of Contemporary Eastern Asia
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    • v.4 no.1
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    • pp.1-7
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    • 2005
  • In this paper uses Kaname Akamatsu's 'Flying Geese' model to analyse Japan's role in East Asian integration. Japan made the first attempt to lead Asian countries before the Second World War. At that time, the Japanese Government embarked on a brutally expansionist policy the result of which was creation of the first gaggle of 'flying geese' under the name of the 'Greater East Asia Co-Prosperity Sphere.' During the 'flight' Japan was forcefully imposing its own ideals and values on the rest of the 'gaggle.' At the same time, the Japanese Government assumed hostile attitude toward Western countries. Japan's defeat in the Second World War signified the end of flight for the first 'flying geese' gaggle. After the war, Japan made another attempt at regional integration. This time it was done through establishing a production network in East Asia. Thus the second gaggle of 'flying geese' came into existence. During the flight of the 'second gaggle' of geese, Japan was fostering good ties with Western countries as well, especially the United States. However, some leaders of the 'second gaggle's' member-countries emboldened by their countries' economic success proclaimed that future belongs to Asia and put forward the 'Asian values' argument. The Asian economic crisis of 1997 interrupted the flight of the 'second gaggle' and effectively put an end to the 'Asian values' debate. It is interesting to note that some elements of the 'Asian values' argument resembled ultranationalist discourse that had been dominant in Japan before and during the Second World War. This paper compares historical patterns of East Asian regional integration and highlights future challenges for Japan's Asia policy.

Empirical Analysis on Rational Bubbles in Ship Prices (선박가격의 합리적 거품에 대한 실증 분석)

  • Choi, Young-Jae;Park, Sung-Hwa;Kim, Hyun-Sok
    • Journal of Korea Port Economic Association
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    • v.34 no.3
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    • pp.183-200
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    • 2018
  • This study empirically tests the presence of rational bubbles in the ship prices using time series data from October 1996 to April 2017. To detect the existence of ship prices' rational bubbles, we use integration and cointegration tests, which were proposed by Campbell and Shiller(1987) and Diba and Grossman(1988), for circumventing misspecification of ship price model and applying the bubble test to nonstationary time series. The result of integration test supports existence of tanker price's rational bubble. The co-integration test also shows that drybulk ship and containership prices have been overvalued relative to the market fundamental, drybulk and container freight rates, due to non-stationary rational bubbles. These results provide Korean shipping industry and authorities implications that anticyclical ship investment and long-term and steady fleet capacity expansion policy are needed.

The Impact on Supply Chain Integration of Competitive Advantage on Information Communication Technology Capabilities (정보기술(ICT) 경쟁우위가 공급사슬통합에 미치는 영향)

  • Kim, Jeong-Hwan;Park, Chong-Suk
    • Journal of Korea Port Economic Association
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    • v.32 no.1
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    • pp.151-163
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    • 2016
  • This research analyzes the effect of the competitive edge in Information Communication Technology (ICT) on supply chain integration in business processes through a comparative analysis by industry that suggests a way of achieving competitive edge in ICT for effective supply chain integration. Based on the theoretical background, there are two research hypotheses. The first hypothesis is about the effect of a competitive edge in ICT on the supply chain. The second is that the effect of the competitive edge on supply chain integration varies from industry to industry. ICT infrastructure must be acquired in advance in order to attain a competitive edge in ICT to secure corporate competitiveness. Building a competitive edge in ICT itself by methods such as introduction, integration, and application, can directly improve company results. Therefore, it must be utilized strategically for improvement in standards of supply chain integration like information integration, organization integration, and strategy integration. If supply chain integration is accomplished effectively by gaining competitive edge in ICT, company results can be improved. By analyzing the effect of a company's competitive edge in ICT on supply chain integration, and comparing differences in features of each category of businesses, measures for developing a competitive edge in ICT and therefore supply chain integration are presented.