• Title/Summary/Keyword: impact coefficient

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Human Development Convergence and the Impact of Funds Transfer to Regions: A Dynamic Panel Data Approach

  • GINANJAR, Rah Adi Fahmi;ZAHARA, Vadilla Mutia;SUCI, Stannia Cahaya;SUHENDRA, Indra
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.593-604
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    • 2020
  • This study analyzes human development convergence and the impact of funds transfer to the regions using σ and β-convergence analysis method. Observations were made in all Indonesia's provinces in the period 2010-2019. The coefficient of variation calculation shows a dispersion in the inequality of human development, which means that convergence occurred. This is also documented by the clustering analysis results developed in the study. The results are in line with the hypothesis of neoclassical theory, which shows the tendency for provinces with lower human development levels to grow relatively faster. The dynamic panel data approach with the GMM model shows that a model built with explanatory variables for transfer of funds to regions may lead to the process of convergence of human development - 2.21% per year or 31 years to cover the half-life of convergence. This is a consequence of the Special Allocation Fund and the Village Fund, which positively impact the convergence process, and the General Allocation Fund and the Revenue Sharing Fund with negative signs slowing the convergence process. This evidence opens opportunities to review the justification of the weighting component in determining the amount of funds transferred to the region to accelerate the convergence process of human development.

Beyond Growth: Does Tourism Promote Human Development in India? Evidence from Time Series Analysis

  • SHARMA, Manu;MOHAPATRA, Geetilaxmi;GIRI, Arun Kumar
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.693-702
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    • 2020
  • The present study aims to investigate the impact of tourism growth on human development in Indian economy. For this purpose, the study uses annual data from 1980 to 2018 and utilizes two proxies for tourism growth - tourism receipt and tourist arrivals - and uses human development index calculated by UNDP. The study uses control variables such as government expenditure and trade openness. The study employs auto regressive distributed lag (ARDL) approach to investigate the cointegrating relationship among the variables in the model. Further, the study also explores the causal nexus between tourism sector and human development by using the Toda-Yamamoto Granger non-causality test. The result of ARDL bounds test reveals the existence of cointegrating relationship between human development indicators, government expenditure, trade openness, and tourism sector growth. The cointegating coefficient confirms a positive and significant relationship between tourism sector growth and human development in India. The causality result suggests that economic growth and tourism have a positive impact while trade openness has a negative impact on human development in India. The major findings of this study suggest that tourism plays an important role in the socio-economic development of Indian economy in recent years and the country must develop this sector to achieve sustainable development.

Do Foreign Direct Investment, Energy Consumption and Urbanization Enhance Economic Growth in Six ASEAN Countries?

  • LONG, Nguyen Tien
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.33-42
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    • 2020
  • The neoclassical economic supporters have suggested that foreign direct investment and raw material (e.g., coal, electricity, gas, and oil) are critical economic growth inputs. Few previous studies have analyzed the relationship between foreign direct investment and energy consumption on economic growth. However, existing studies usually have applied the frequentist inference. The limitation of the frequentist inference is that, if the coefficient of the independent variable is not yet significant, then conclusions might be unreliable. By applying the Bayesian approach, the main aim of this study is to revisit the impact of foreign direct investment, electricity consumption, and urbanization on economic growth in six ASEAN countries from 1980 to 2016. The obtained outcome shows that the impact of electricity consumption is evident and positive on economic growth in both frequentist and Bayesian inferences. However, the influence of foreign direct investment is not identified by frequentist inference, while Bayesian inference provides evidence that foreign direct investment is a moderately positive impact on economic growth. The empirical result from Bayesian inference contributes to the literature on foreign direct investment modeling and could be of significant importance for a more efficient foreign direct investment attracting and achieve sustainability in the long-term.

A Study on the Prediction of the Loaded Location of the Composite Laminated Shell by Using Neural Networks (신경회로망을 이용한 복합재료 원통쉘의 하중특성 추론에 관한 연구)

  • 명창문;이영신;류충현
    • Composites Research
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    • v.14 no.5
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    • pp.26-37
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    • 2001
  • After impact analysis of the composite cylindrical shells was performed. obtained outputs at 9 equally divided points of the shell were used as input patterns of the neural networks. Identification of impact loading characteristics was predicted simultaneously. Momentum backpropagation algorithm of neural networks which can modify the momentum coefficient and learning rate was developed and applied to identify the loading characteristics. Hidden layers of the backpropagation increased from 1 layer to 3 layers and trained the loading characteristics. Developed program with variable learning rate was converged close to real load characteristics under 1% error. Inverse engineering which identify the impact loading characteristics can be applicable to the composite laminated cylindrical shells with developed neural networks.

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The effect of subjective perception and attitude of oral health on the oral health impact profile in industrial accident injury patients (산재환자의 주관적 구강건강상태와 보건태도가 구강건강 영향지수(OHIP)에 미치는 영향)

  • Lee, Hea Shoon;Lee, Kyung Hee
    • Journal of Korean society of Dental Hygiene
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    • v.14 no.5
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    • pp.757-764
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    • 2014
  • Objectives : The purpose of this study was to investigate the oral health impact profile (OHIP) in the industrial accident injury patients, and the effect of subjective perception and attitude of oral health on the oral health-related quality of life in industrial injury patients. Methods : A self-reported questionnaire was filled out by 496 industrial accident injury patients from October 29 to November 30, 2013. Data were analyzed using SPSS ver 20.0 program for chi-square test, t-test, ANOVA, Scheffe test, and Pearson's correlation coefficient. Results : The OHIP-14 was higher oral health-related quality of life in young people, women, highly educated persons, and those having high income and frequent scaling service. The subjective perception and attitude of oral health was closely correlated to the OHIP-14. The factors influencing on the oral health-related quality of life were the subjective perception and attitude toward oral health. Conclusions : It is necessary to emphasize the oral health promotion program for industrial injury patients. The government should pay more attention to the policy for the improvement of the oral health of industrial accident injury patients in the future.

A model to analyze a buried structure response to surface dynamic loading

  • Dancygier, A.N.;Karinski, Y.S.
    • Structural Engineering and Mechanics
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    • v.9 no.1
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    • pp.69-88
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    • 2000
  • A relatively simple model of a buried structure response to a surface loading that can simulate a possible opening and closure of a gap between the soil and the structure is presented. Analysis of the response of small and medium scale buried roof slabs under surface impulsive loading shows that the model's predictions are in fairly good agreement with the experimental results. Application of the model to a study case shows the relative influence of system parameters such as, the depth of burial, the arching coefficient, and the roof thickness, on the interface pressure and on the roof displacement. This model demonstrates the effect of a gap between the structure and the soil. The relative importance of including a gap opening and closure in the analysis is examined by the application of the model to a study case. This study results show that the deeper the depth of burial, the longer the gap duration, and the shorter the duration of the initial interface impact, while the higher the soil's shear resistance, the higher the gap duration, and the shorter the initial interface impact duration.

An Experimental Study on Slamming Phenomenon by Forced Impact (강제 입수에 의한 슬래밍 현상에 관한 실험적 연구)

  • Nahm, J.O.;Kang, H.D.;Chung, J.Y.;Kwon, S.H.;Choi, H.S.
    • Proceedings of the Korea Committee for Ocean Resources and Engineering Conference
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    • 2006.11a
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    • pp.392-395
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    • 2006
  • This paper presents the experimental results at slamming phenomenon. The air pressure cylinder was used to ensure repeatability of the impact. The results showed that the adopted experimental technique was very excellent in terms of repeatability when is compared to that of the free drop tests. The pressure time histories, magnitude of peak pressure and the behavior of jet spray were obtained. The flat specimen was tested for various incident angles. To estimate the incident speed of the specimen high speed camera was used. The high speed camera was also useful tool in understanding the behavior.

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A Study on Slamming Impact Pressure (슬래밍 충격 압력에 대한 연구)

  • Park, Jun-Soo;Oh, Seung-Hoon;Kwon, Sun-Hong;Chung, Jang-Young
    • Journal of Ocean Engineering and Technology
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    • v.23 no.1
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    • pp.67-73
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    • 2009
  • This study presents the results of a slamming experiment using a pneumatic cylinder. The employment of the pneumatic cylinder showed a relatively good repeatability when the results were compared with those of other slamming devices. The experiment was done for various incident angles. An air pocket was believed to cause a reduction in the magnitude of the impact pressure with an incident angle of $0^{\circ}$ for the water entry. A high speed camera was used in an attempt to locate the time of the contact between the bottom of the specimen and the free surface. It seemed that the maximum pressure occurred before the water contacted the bottom of the specimen.

Analytical Model in Pedestrian Accident by Van Type Vehicle (Van 형 차량의 보행자 충돌 사고 해석 모델)

  • Ahn, Seung-Mo;Kang, Dae-Min
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.7 no.4
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    • pp.115-120
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    • 2008
  • The fatalities of pedestrian accounted for about 40.0% of all fatalities in Korea (2005 year). In pedestrian involved accident, the most important data to inspect accident is throw distance of pedestrian. The throw distance of pedestrian can be influenced by many variables, such as vehicular frontal shape, vehicular impact speed, the offset of impact point, the height of pedestrian, and road condition. The trajectory of pedestrian after collision can be influenced by vehicular frontal shape classified into sedan type, box type, SUV type and van type. Many studies have been done about pedestrian accident with passenger car model and bus model for simple factors. But the study of pedestrian accident by van type vehicle was much insufficient, and even that the influence of multiple factors such as the offset of impact point was neglected. In this paper, a series of pedestrian kinetic simulation were conducted to inspect relationship between throw distance and multiple factors with using PC-CRASH s/w, a kinetic analysis program for a traffic accident for van type. By based on the simulation results, multi-variate regression was conducted, and regression equation was presented.

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Financial Development, Income Inequality and the Role of Democracy: Evidence from Vietnam

  • NGUYEN, Hung Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.21-29
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    • 2021
  • The objective of this study is to see how a country's level of democracy impacts the relationship between financial development and income disparity. We argue that political regimes, supported by their degree of democracy, are important for various decentralization theories to predict the impact of financial development on income inequality. Our study tests this argument using Vietnam time series data for the period 2000-2020 through the ARDL model. The financial development variable is represented by five proxies, the income inequality variable is represented by the GINI coefficient and the role of democracy is represented by the Freedom House Index. Data serving for the study is taken from data sources with high reliability. The results of the study have strong evidence that (1) financial development has a positive impact on income inequality, (2) democratic government will reduce national income inequality. (3) And a higher degree of democracy tends to mitigate the positive impact of financial development on income inequality. Thus, our study contributes to the literature by providing a new look at the mixed results regarding the relationship between financial development and theoretical income inequality. Finally, the article provides policy implications for the Government of Vietnam.