• 제목/요약/키워드: growth impact

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Investor Protection, Growth Opportunity and Risk Taking (투자자보호가 기업의 위험선호에 미치는 영향)

  • Kook, Chan-Pyo;Kang, Yun-Sik
    • The Korean Journal of Financial Management
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    • 제27권2호
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    • pp.115-144
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    • 2010
  • This study aims to empirically verify that the effect of investor protection on risk taking may differ according to growth opportunities. Furthermore, this paper intends to verify the hypothesis that the impact of risk taking upon corporate value will also be influenced by growth opportunities. The results of the analysis show that firms with high growth opportunities demonstrate greater risk taking as investor protection gets stronger while the degree of investor protection has little or no impact on their risk taking in case of firms suffering a lack of growth opportunities. In addition, risk taking has a statistically significant positive impact on improving corporate value for firms with sufficient growth opportunities, in contrast the impact is little or none when firms lack growth opportunities.

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The Impact of ODA·FDI·Trade on the Africa Economic Growth : Evidence from Senegal

  • Choi, Chang Hwan
    • International Area Studies Review
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    • 제20권1호
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    • pp.127-146
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    • 2016
  • This paper investigates that the Granger-causality between ODA FDI Trade, and economic growth in Senegal over the last 50 years and ODA, FDI, Trade have a impact on the Senegal's economic growth using the Vector Error Correction Model. The empirical results do confirm a directional causality between the variables considered. It also showed that an increase of ODA in the Senegal has positive effect on GDP growth and FDI, which are important factors of economic growth for poor country like Senegal. Underdeveloped nation has been suffered from insufficient savings or capital for economic growth; therefore, developed nations have to provide enough ODA to supply initial capital formation for growth, so-called, seed money. In a nutshell, ODA as a priming the pump is required and expanded continuously for Africa country's economic growth.

The impact of informal labeling on self-respect, depression/anxiety, and aggression of adolescents using latent growth model (잠재성장모형을 이용한 청소년의 비공식 낙인이 자아존중감, 불안우울, 공격성에 미치는 영향 분석)

  • Park, Ok ja;Kim, Hye kyung
    • Journal of Family Relations
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    • 제23권1호
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    • pp.3-24
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    • 2018
  • Objective: This study examined the change of informal labeling self-respect, depression/anxiety, and aggression of adolescents over time and relationship between the intercept and the growth of the variables. Method: 4-year longitudinal panel data(n=2,699), Korea Youth Panel Survey (KYPS), were analyzed to verify the influence of informal labeling on self-respect, depression/anxiety, and aggression of adolescents. Through latent growth modeling, temporal change of the variables was examined. Results: Analytic results are as follow. First, the initial status of informal labeling had a negative impact on the initial status of self-respect. The slope of informal labeling also had a negative impact on the slope of self-respect. In contrast, the initial status of informal labeling did not have an significant impact on the slope of self-respect. Second, the initial status of informal labeling had a positive impact on the initial status of aggression. The slope of informal labeling had a negative impact on the slope of aggression. In contrast, the initial status of informal labeling did not have an significant impact on the slope of aggression. Third, the initial status of informal labeling had a positive impact on the initial status of depression/anxiety and a negative impact on the slope of depression/anxiety. The slope of informal labeling had a positive impact on the slope of self-respect. Conclusions: The results suggest the importance of informal labeling on self-respect, depression/anxiety, and aggression of adolescents.

Economic Growth and Animal Traction Development in Africa : An Empirical Analysis

  • Panin, A.
    • Proceedings of the Korean Society for Agricultural Machinery Conference
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    • 한국농업기계학회 1996년도 International Conference on Agricultural Machinery Engineering Proceedings
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    • pp.219-227
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    • 1996
  • Since the introduction of animal traction technologies(ATT) in many Sub Saharan Africa (SSA) countries, attempts to propagate its widespread use in the continent have suffered several setbacks. Many factors are responsible of this. However, developments in the African economies are believed to be a prominent factor. This study provides empirical evidence of the impact of economic growth on the performance of ATT-in Sub-Saharan Africa(SSa). The analysis uses 1971-1990 time-series data on ATT from botswana. The performance of ATT is measured on the basis of changes year covered under this study. The models used, are a regression model and a trend projection model. Although the regression model is representing a simplified view of the relationship between ATT and economic growth , it takes account of the influence of annual amounts of rainfall. It is concluded that economic growth has had a negative impact on the performance of ATT in Botwana. As the country's Gross Domestic Pro uct (GDP) steadily increased over the period of the analysis, the number of households using ATT declined at a rate of 2.5% per year. The impact of the GDP on ATT was directly associated with increases in the use of tractor, food imports and beef exports. The results have serious policy implications for agricultural development in many African countries that are not capable of sustaining their economic growth.

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The Performance of Private Wealth Management in Indonesia

  • GUNARDI, Hery;PRIMIANA, Ina;EFFENDI, Nury;HERWANY, Aldrin
    • The Journal of Asian Finance, Economics and Business
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    • 제7권11호
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    • pp.717-725
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    • 2020
  • The purpose of this paper is to highlight the impact of the performance of private wealth management (PWM) on the growth of retail banking in Indonesia. The variables used are bank's competitiveness, risk management, performance of private wealth management, and growth of retail banking business. The data were collected from 60 respondents from 32 banks over five months, from October 2018 to March 2019. Using partial least square path modeling, the analysis shows that the performance of private wealth management has an impact on the growth of retail banking sector in Indonesia. Bank competitiveness and risk management affect the performance of personal wealth management and have an impact on the growth of the retail banking business. Bank competitiveness is the variable that most influences the performance of private wealth management in Indonesia. This research found that market share is the most significant indicator of bank competitiveness. For risk management, significant indicators are the level of bank confidence, increased bank competitiveness, and the creation of new products. In the performance of the private wealth management variable, the most significant indicator is the revenue fee-based income. For the growth of retail banking business, a clear indicator is profit growth.

Posttraumatic Growth of Adolescents with Childhood Leukemia and their Parents

  • Hong, Sungsil;Park, Ho Ran;Choi, Sun Hee
    • Child Health Nursing Research
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    • 제25권1호
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    • pp.9-16
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    • 2019
  • Purpose: Childhood leukemia is a serious trauma affecting both adolescents and their parents, who experience painful process. However, adolescents with leukemia and their parents also experience positive changes, which is referred to as posttraumatic growth. We examined posttraumatic growth, core beliefs, impact of event, and event-related rumination in adolescents within 5 years of a diagnosis of childhood leukemia and their parents. Methods: The participants were 68 adolescents with childhood leukemia (aged 13~18 years) and their parents, who were recruited from C university hospital in Korea from May to September 2016. The Posttraumatic Growth Inventory, Core Belief Inventory, Impact of Event Scale-Revised, and Event-related Rumination Inventory were completed by the adolescents and their parents. The mean scores and correlations between variables were investigated for both set of participants. Results: Parents showed significantly higher levels of posttraumatic growth, disruption of core beliefs, impact of event, and invasive rumination than adolescents. Disruption of core beliefs and deliberate rumination were positively correlated with posttraumatic growth in both groups. Conclusion: Nursing intervention programs that involve modifying core beliefs and inducing a positive thought can help adolescents with leukemia and their parents grow after traumatic events.

The Impact of Information and Communication Technology (ICT) on Regional Economy in Indonesia 2012-2018

  • DEWI, Dyah Makutaning;WULANSARI, Ika Yuni
    • Asian Journal of Business Environment
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    • 제11권3호
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    • pp.21-32
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    • 2021
  • Purpose: Research aims to analyze the influence of ICT on regional economic growth in Indonesia Provinces are grouped using Klassen's typology, which divides four quadrants based on economic growth and GRDP per capita. Considering similarity characteristics, four typology categories are finally simplified into two named categories: the "rapidly developed and growing" region and the "relatively lagged" region. Research design, data and methodology: The study uses panel data of 33 provinces in Indonesia from 2012 to 2018. It employs panel regression analysis to determine the impact of ICT on the regional economic growth of both regions. Results: The study reveals the percentage of households that own computer and the percentage of households who have accessed the internet in the last three months have a positive and significant influence on the GRDP per capita in the "relatively lagged" region. Meanwhile, mean years of schooling has a positive and significant impact on both regions. Conclusions: In the "rapidly developed and growing" region, only mean years of schooling has a positive and significant effect on GRDP per capita, whilst in the "relatively lagged" region, percentage of households that own computer, percentage of households who have accessed the internet in the last three months, and mean years of schooling have a positive and significant impact on GRDP per capita in Indonesia.

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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    • 제9권2호
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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.

The Impact of ODA·FDI·Trade on the South America's Economic Growth; Comparative analysis of 4 countries (무역·ODA·FDI가 남미 경제발전에 미치는 영향 분석: 4개국 비교를 중심으로)

  • Choi, Chang Hwan
    • International Commerce and Information Review
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    • 제17권3호
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    • pp.115-130
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    • 2015
  • This paper investigates how ODA FDI Trade affect economic growth in 4 South America countries over the last 50 years and ODA, FDI, Trade have a impact on the 4 South America countries economic growth using the Vector Error Correction Model. The results of empirical analysis based on data from 1960 to 2014 confirmed that FDI and trade than ODA has had a significant impact on Brazil and FDI, Trade had affected on Argentina economic growth. On the other hand, ODA had a more major impact on Venezuela, Peru economic growth than FDI and trade. Based on the results of these empirical analysis, when it comes to support for economic growth of underdeveloping countries, developed countries have to supply enough ODA for least developing countries to start economic growth, in case of economic take off stage, they should consider FDI, and international trade volume increase.

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Assessment of environmental impacts of LID technologies on vegetation

  • Choi, Hyeseon;Hong, Jungsun;Geronimo, F.K.F.;Kim, Lee-Hyung
    • Membrane and Water Treatment
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    • 제10권1호
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    • pp.39-44
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    • 2019
  • LID facilities do not consider environmental factors, and due to inappropriate vegetation planting causing degradation in efficiency due to plant damage and difficulty in maintenance. Therefore, in this study, assessment of impact environmental factor by seasonal variation of chlorophyll and growth of vegetation planted in LID technologies and change of pollutant reduction were conducted. In the case of B-SJ and B-RI, growth rate decreased after summer (August), and B-MG showed steady growth until autumn (September). Chlorophyll was found to increase during spring season while it decreased during autumn season. The chlorophyll concentration was found to affect the plant growth pattern. TN reduction efficiency was highest with greater than 80% efficiency in summer, and it was analyzed that plants were identified as the main factor affecting the seasonal reduction efficiency of TN. Also, temperature and relative humidity were analyzed to affect plant growth, activity and pollutant removal efficiency. Plant type and growth pattern are considered as factors to be considered in selection of appropriate plant types in LID technologies.