• Title/Summary/Keyword: economy research

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An Emperical Factor Analysis of the Service Economy in India (인도경제의 서비스화 요인 실증분석)

  • Cho, Choong-Jae
    • International Area Studies Review
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    • v.12 no.2
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    • pp.57-78
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    • 2008
  • India has been service-led economic growth during 50 years and turned to the so-called 'service economy' which means that the services sector takes over 50% in GDP since 2000 year. This study aims to find the factors in the existing hypotheses for service economy in India and tries the empirical analysis with the 1953~2003 annual time series data. As a result, the service economy in India has been accelerated by the hypotheses of demand bias, productivity bias and demand increasing of services as the intermediates simultaneously. This implies that the phenomenon of service economy will be continued and furthered in India.

Sharing Economy with the Use of Car-Sharing Applications: An Empirical Study in Vietnam

  • NGUYEN, Linh Tran Cam
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.93-101
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    • 2021
  • The study aims to test the model of Yang et al. (2017) for the overall assessment of the transportation sector in the sharing economy and add some new elements on the benefits of customer loyalty from some previous studies that were not mentioned in Yang's model. This study will take examples from the two big brands of car-sharing apps in the sharing economy in Vietnam - Uber, and Grab. This research focuses on customer loyalty in the sharing economy with Uber and Grab as the transport sector in Ho Chi Minh City. Based on the survey data of 380 customers in Vietnam, the research results show that two independent factors positively impact commitment and satisfaction: social benefits and economic benefits. Simultaneously, economic benefit has a positive effect on satisfaction while trust benefit has a negative effect on commitment. Finally, commitment has a positive impact on customer loyalty in the sharing economy. As a result, companies in the sharing economy can identify which are the key factors that strongly influence customer satisfaction, commitment, trust, and loyalty to help managers to devise the appropriate solutions for promoting the strengths or overcoming limitations to contribute to perfecting and improving the quality of the company's services.

Effects of Customer Value Proposals on the Service Trade Repurchase Intentions of Sharing-Economy Users

  • Cho, Woo-Sung;Yoo, Seung-Gyun;Jeon, Ki-Hong;Choi, Chang-Youl
    • Journal of Korea Trade
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    • v.23 no.8
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    • pp.73-88
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    • 2019
  • Purpose - This paper finds the repurchase intentions of customers in a sharing economy via Airbnb and Uber, which are classic sharing-economy service businesses. Design/methodology - This paper analyzes sharing economy effects using variables in a structural equation model. Findings - We verified that values have a significant effect on the trust in a platform. We also verified that the effects that value propositions have on repurchase intention are significant. Research Limitations/Implications - First, there may be some distinction between men and women with regard to divided trust. Second, if commitment is divided into commitment to the host and commitment to the platform, as is the case for trust, the results will not be as expected. Third, if results could be categorized by nationality after gathering more samples, each nationality might have different opinions about these factors. Finally, the sharing economy can be identified and analyzed for various industries, such as space, transportation, and service. At this point, it is inconvenient to not have more implications. Originality/value - This study focuses on the repurchase intentions of customers. Unlike earlier studies, it is meaningful that trust is divided between the host and the platform, and that it can be analyzed. It is also important to establish the relationship between trust and commitment, and the relationship toward repurchasing in the shared-economy.

Exploring of the Economy of Communion as Communities of Practice (실천공동체로서 나눔 경제 운영 탐색)

  • Kim, Jin-Hee;Kim, Byoung-Soo
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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    • v.7 no.6
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    • pp.937-945
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    • 2017
  • Economy of Communion (EoC) is an emerging economic principle that recognizes the dilemma of traditional perspectives and turns to human centered values and ideas. Furthermore the EoC encompasses all the principles derives from free market economy, ethical norm and social solidarity. This study aims to understand Economy of Communion concepts and its ripple effects under current Korean economy condition which mainly follows Neo-liberalism. Korean economy needs new paradigm to deal with intensifying economical inequality in Korea these days. By understanding EoC's primary value and studying research cases and Sungsimdang, Seokwangsa one of EoC enterprise cases in Korea, this study suggests new economic paradigm. In response to the needs, two important practices should be manifested through fraternity: 1) mutural equity, and 2) dissemination of giving culture. These are construct the economy of communion, which is defined as unique humanism. This study is also expected to suggest new paradigm that establishes new economy system that can cover current economy system's problems.

A Research on the Regenerative Braking Algorithm considering Fuel Economy and Charging Oftenness (연비와 충전 횟수를 고려한 회생제동 알고리즘 연구)

  • Yang Horim;Jeon Soonil;Park Yeongil;Lee Jangmoo
    • 한국신재생에너지학회:학술대회논문집
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    • 2005.06a
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    • pp.370-373
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    • 2005
  • In this research, we presented the regenerative braking algorithms considering fuel economy and charging oftenness, and also analyzed these algorithms. The first algorithm was the regenerative braking algorithm for the ideal recovery of kinetic energy. The HEV using this algorithm had high fuel economy, on the other hand frequent charging was occurred. The second algorithm was the regenerative braking algorithm for reduction of the charging oftenness. Using this algorithm, the HEV had the low charging oftenness and small loss of fuel economy.

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A Study on Dynamic Models for Ports and Regional Economy (항만과 지역경제간의 동태적 모델에 관한 연구)

  • 오세용;여기태;이철영
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2000.11a
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    • pp.15-23
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    • 2000
  • If a system such as a port and regional economy has a large boundary and complexity, the system's substance is considered as a black box, forecast accuracy will be very low. Futhermore various components in a port and regional economy exert significant influence on each other. To copy with these problem the form of structure models were introduced by using SD model. This study has the issue of simplifying the regional economic effects of the port as contributing to raising the regional income. The regional economic effects of port have various indirect ones except for this. So, SD(System Dynamics) was presented, and applied to simulate port and regional economy.

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Gaza Seaport as a Way to Enhance the Palestinian Economic Development

  • Hassouna Abdallah;Nam Ki-Chan
    • Journal of Navigation and Port Research
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    • v.29 no.9
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    • pp.813-819
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    • 2005
  • The purpose of this paper is to present some main economic factors which influence Gaza Seaport. Without direct access to the international market, the Palestinian economy will continue its dependence on Israeli economy mainly in employment, transport facilitation, and international trade. The greatest potential for Palestinian economic growth lies in trade. The port is important for creating new job opportunities, and for enhancing exporting capabilities, which are the most essential elements for development of the Palestinian economy. Israeli policies and procedures incur Palestinian exporters additional transportation costs when delivering their products to Israeli Ports or when transit these products to neighboring countries through Israeli controlled area. The public profit for the port is greater than the private profit. Therefore, constructing the port will have a great effect on the Palestinian economy. There are many challenges facing the port, some of them are the political stability, the economies of scale, and Israeli security measures and procedures.

A Study on Dynamic Models for Ports and Regional Economy (항만과 지역경제간의 동태적 모델에 관한 연구)

  • 오세웅;여기태;이철영
    • Journal of Korean Port Research
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    • v.14 no.4
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    • pp.387-394
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    • 2000
  • If a system such a port and regional economy has a large boundary and complexity, the system's substance is considered as a black box, forecast accuracy will be very low. Futhermore various components in a port and regional economy exert significant influence on each other. To copy with these problem the from of structure models were introduced by using SD model. This study has the issue of simplifying the regional economic effects of the port as contributing to raising the regional income. The regional economic effects of port have various indirect ones except for this. So, SD(System Dynamics) was presented, and applied to simulate port and regional economy.

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The Effect of Service Quality of Economy Hotels Through Mediating Customer Satisfaction on Re-visit Intention - Focused on Home Inn in China (경제형 호텔의 서비스품질이 고객만족을 매개로 재방문의도에 미치는 영향 - 중국 Home Inn을 대상으로)

  • Wang, Jing;Kim, Youn Sung
    • Journal of Korean Society for Quality Management
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    • v.47 no.4
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    • pp.875-894
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    • 2019
  • Purpose: This research is the impact of service quality of Economy Hotels on customer satisfaction and Re-visit Intention in China. It reviews the empirical theories about Economy Hotels at home and abroad, based on SERVPERF, combines with the actual situation of China's Economy Hotels, and then constructs based on the research results at home and abroad. In the subfactor of service quality, "recovery" is added, and the relationship model between the service quality of Economy Hotel, customer satisfaction and Re-visit Intention is designed, in which the mediated effect of "customer satisfaction" between the service quality's subfactor and Re-visit Intentio is explored. Methods: 334 questionnaires were distributed to the check-in guests of three Home Inns in China's first-tier cities (ShangHai,BeiJing,ShenZhen), of which 300 were valid for data analysis. Result: The data analysis results show that the Economy Hotels' subfactor of service quality have a positive impact on customer satisfaction and Re-visit Intention, and customer satisfaction also plays an mediated effect. (partial mediation: tangible, reliability, recovery; full mediation: responsiveness, assurance, empathy) Conclusion: The research puts forward the enlightenment points for the development of Economic Hotels through the differences in the development emphasis and service quality between Economic hotels and other types of hotels, so as to improve the satisfaction and market competitiveness of China's Economic hotels through the research results.

Correlation between Lubrication Characteristics of Engine and Fuel Economy (엔진 윤활특성과 연비 상관성에 대한 연구)

  • Oh, JungJoon;Cha, SangYeob;Jeong, DoGon;Lee, JongJu
    • Tribology and Lubricants
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    • v.30 no.3
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    • pp.189-198
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    • 2014
  • This paper presents the results of an experimental investigation of the correlation between the lubrication characteristics of an engine and its fuel economy. Improving the lubrication characteristics of the engine oil is one of the most efficient ways to improve a car's fuel economy. The methods to accomplish this include lowering the viscosity, adding a friction modifier and optimizing the shear stability index of a viscosity index improver. In addition, it is necessary to use different methods to reduce the friction to individual lubrication areas, because different lubrication regimes are used for different engine parts. The experimental investigation in this study is based on design of experiments ; this paper presents the results of a modified Sequence VID test, which is an ASTM standard test used to measure the effects of automotive engine oils on the fuel economy of passenger cars. The results demonstrate the effects of the following lubrication factors on the fuel economy : the low temperature cranking viscosity, high-temperature high shear (HTHS) viscosity, friction modifier, polymer type and shear stability index of the viscosity index improver. Moreover, this study involves an analysis of variance based on design of experiments. The test results show that the HTHS viscosity, friction modifier and shear stability index of the viscosity index improver are more effective than the other factors. Therefore, lowering the viscosity, adding a friction modifier and optimizing the shear stability index of a viscosity index improver should be considered to improve fuel economy.