• Title/Summary/Keyword: index development

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Factors Affecting Foreign Direct Investment: Evidence on Tay Ninh Province

  • TRAN, Thinh Quoc;DANG, Tuan Anh;TRAN, Ngoc Anh Thu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.263-269
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    • 2020
  • The purpose of this paper is to examine the impact of consumer price index, infrastructure, human resources, trade openness, and private credit on the attraction of foreign direct investment (FDI) in Tay Ninh province as well as to emphasize the important role of FDI in economic growth of developing areas. The research data was collected from Tay Ninh Statistical Office with 80 samples of a 20-year period from 2000 to 2019. Also, OLS regression method using Eviews software was employed to analyze the data obtained. The findings revealed that human resources, infrastructure and private credit have a positive and significant impact on FDI attraction in Tay Ninh province, while consumer price index was proven to affect FDI attraction negatively. Accordingly, competent authorities of Tay Ninh province should focus on stabilizing prices as well as implementing policies for developing local human resources and attracting high-quality personnel from foreign countries. Tay Ninh province also needs to pay more attention to information technology investment for synchronous development of infrastructure. Moreover, the State Bank of Tay Ninh branch needs to consider more credit sources to provide support packages for businesses, creating a strong basis for establishments to attract FDI for the province's economic development.

Analysis of Unequal Distribution of Population Income in Indonesia

  • PRAWOTO, Nano;CAHYANI, Richa Dwi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.489-495
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    • 2020
  • Income inequality is a problem that is not only faced by developing countries such as Indonesia, but also developed countries. The difference lies in the proportion of an inequality that occurs and the solution to the level of difficulty experienced. Thus, this study aims to empirically analyze the unequal distribution of population income in Java island, Indonesia, by including the human development index, open unemployment rate, foreign investment, and the degree of fiscal decentralization. The research model used in this study was multiple linear regression to analyze the panel data with a fixed-effect model approach. The results of the study showed that human development index, open unemployment rate, and the degree of fiscal decentralization had a positive and significant effect on income inequality in Java island. Meanwhile, foreign investment had a negative and insignificant effect on income inequality in Java. It is because the value of the investment is more invested in the capital-intensive sector. The government is expected to be more selective in accepting foreign investments that enter the country, especially in Java, and it should be labor-intensive investments. In addition, the government has to equalize locations for foreign investment without reducing good cooperation with these foreign investors.

Analysis of the Change in R&D Efficiency in a Government-Funded Research Institute in Korea : Cumulative DEA/Malmquist Analysis Approach (Cumulative DEA/Malmquist Index 기법을 이용한 정부출연 연구기관 연구개발 효율성 변화 분석)

  • Lee, Suchul;Lee, Dong Ho
    • Journal of the Korean Operations Research and Management Science Society
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    • v.41 no.1
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    • pp.99-111
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    • 2016
  • This paper presents a framework to analyze the change in the research and development (R&D) efficiency of government-funded research institutes (GRIs) in Korea. Cumulative data envelopment analysis/Malmquist index method is utilized to analyze the changes in R&D efficiency of GRIs. Data analysis of the R&D activities of 10 GRIs in Korea Research Council of Fundamental Science & Technology showed that the average R&D efficiency of the 10 GRIs improved from 2009 to 2013. However, the efficiency of a few GRIs decreased in terms of the catch-up index. The proposed framework can help management teams diagnose the current state of R&D activities and determine the efficacy of strategic actions by comparing efficiencies in the past.

Development of a Nanotechnology Competitiveness Index (나노기술 경쟁력 지수의 개발)

  • Bae, Seoung-Hun;Kim, Jun Hyun;Shin, Kwang Min;Yoon, Jin Seon;Shin, Min Soo;Kang, Sang Kyu
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.25 no.5
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    • pp.345-353
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    • 2016
  • In this study, we have developed an index suitable for determining nanotechnology competitiveness. The analytic hierarchy process is used to compared Korean nanotechnology competitiveness with nine high-ranked countries in terms of OECD GDP along with China, India, and Russia. We fund Korea to be ranked fourth among the twelve countries. Despite Korean high rank, it has some problems with regard to infrastructure and industry development. To become a leading country in nanotechnology, Korea needs to strategically invest into research capabilities for nanotechnology, support industry convergence based on nanotechnology, and increase investment into infrastructure development. The findings of this study will contribute to enhancing nanotechnology-related policies and research.

Human Capital, Income Inequality and Economic Variables: A Panel Data Estimation from a Region in Indonesia

  • SUHENDRA, Indra;ISTIKOMAH, Navik;GINANJAR, Rah Adi Fahmi;ANWAR, Cep Jandi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.571-579
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    • 2020
  • This paper examines how human capital and other economic variables, such as private investment, economic growth, government investment, inflation, and unemployment influence inequality in Indonesia's provinces. We apply panel data model with fixed effect estimation for the data of 34 provinces from the period 2013 to 2019. We develop a new index for human capital using the education index approach. The results show that human capital has a negative and significant effect on income inequality. An increase in human capital is related to an increase in knowledge and competence due to the longer average school year and expectations of the school year. Human capital has increased the possibility of a person being accepted into the job market and earning a higher income; hence, it lowers income inequality. We also find that inflation leads to a higher gap of income distribution. A further implication of this situation is that the rise in inflation causes an increase in low-income people, and as a consequence, makes their lives worse off. This paper will be beneficial for policy-makers for whom human capital, which is measured using an education index, is an important factor that significantly affects income inequality, in addition to other economic factors.

A Study on the Evaluation Index and Rating system for Remodeling in Rural Community Facility (농촌 커뮤니티 공간 리모델링의 대상요소 및 평가방법에 관한 연구 - 제주시 선흘리를 대상으로 -)

  • Shin, Jae-Sun;Kim, Sang-Bum
    • Journal of Korean Society of Rural Planning
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    • v.20 no.4
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    • pp.233-242
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    • 2014
  • In terms of both quality of rural lifestyle and cultural awareness, the importance of community facility is being emphasized. Nevertheless, by occasion of graying, population outflow and revenue loss, rural society faces the erosion of community. For these reasons, government is promotion an community space construction project on rural areas which is lack of community facilities. Whereas the projects are just one off thing not include upkeeping, so lots of functional overlapping community facilities are formed in same place. In this study has classified rural community facility remodeling element and designed rural community facility evaluation system of each elements. In order to implement of purpose, it has categorized community remodeling index in rural area by literature analysis and site survey. For setting remodeling rating system, this study analysed preceding research data and conducted a Delphi survey of 30 experts. As a result, this study deducted 29 categories of community remodeling index and 21 categorizes of remodeling rating clause. Taking this result, this study progressed case study on seonheul-ri in Jeju. Implications, limitations and future research directions are presented. It would be groundwork for remodeling system development in rural community facility.

A Study on the Improvement of Korean Journal Citation Index Service

  • Kim, Suntae
    • International Journal of Knowledge Content Development & Technology
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    • v.11 no.3
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    • pp.63-79
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    • 2021
  • The KJC and KCI services operated by the National Research Foundation of Korea (NRF) need to refer to the global citation index database to set the service direction that researchers want and develop new functions. Therefore, in this study, the usability of Korea's KJC and KCI web databases was evaluated. In addition, FGI verification was performed for a group of experts on KJC and KCI improvement measures derived by academic information experts. The evaluation committee consisted of the researcher group, the society related group, the publisher (academic information distribution organization) group, and the policy-making organization group. A total of 16 experts performed usability evaluation and service improvement proposals for KJC and KCI services. As a result of usability evaluation of KJC and KCI web database using SUS measurement tool, KJC service was evaluated as 73.44, and KCI service was evaluated as good as 64.38. KJC improvement proposals were evaluated positively with 4 points or more for all improvement items, and KCI improvement proposals were positively evaluated with 3.5 points or more for all improvement items. Overall, KJC and KCI error improvements were evaluated with a score of 4 or more, showing strong affirmations. In the future, it is hoped that the improvement proposals and improvements proposed in this study will be applied to the development of KJC and KCI services, so that more quality services will be used by domestic researchers.

A study on the forecasting models using housing price index (주택가격지수 예측모형에 관한 비교연구)

  • Lim, Seong Sik
    • Journal of the Korean Data and Information Science Society
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    • v.25 no.1
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    • pp.65-76
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    • 2014
  • Housing prices are influenced by external shock factors such as real estate policy or economy. Thus, the intervention effect is important for the development of forecasting model for housing price index. In this paper, we examined the degree of effective power of external shock factors for forecasting housing price index and analyzed time series models for efficient forecasting of housing price index. It is shown that intervention models are better than other models in forecasting results using real data based on the accuracy criteria.

Case Study on Development of Residential Building Cost Index Compilation Model (주택원가지수 산정모델 작성 사례연구)

  • Cho Hun-Hee;Lee Yoo-Seob;Kang Tai-Kyung
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.4 s.16
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    • pp.220-226
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    • 2003
  • The Residential Building Cost Index which presents price variation of construction resources required in a residential building project in single value, has been compiled to evaluate appropriate level of the price variation. This research reviewed the compilation methodology for Residential Building Cost Index based on comparative analysis on domestic statistics and proposed the Residential Building Cost Index through a variety of case studies. It would facilitate monitoring the price variation of a residential building cost and contributes to enhancing the applicability of construction cost data.

Development of a Sound Quality Index for the Evaluation of an Intake Noise of a Passenger Car (급가속시 차량의 흡기소음에 대한 음질지수 개발)

  • Lee, J.K.;Park, Y.W.;Chai, J.B.
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.15 no.8 s.101
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    • pp.939-944
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    • 2005
  • In this paper, a sound quality index for the evaluation of the vehicle intake noise was developed through a correlation analysis of the objective measurement and the subjective evaluation. First, intake orifice noise was measured at the wide-open throttle sweep condition. And then, the acoustic transfer function between intake orifice noise and interior noise was measured. Simultaneously, subjective evaluation was carried out with a 10-scale score by 8 special engineers. The correlation analysis between the psychoacoustic parameters derived from the measurement and the subjective evaluation was performed. The most critical factor was determined and the corresponding sound quality index for intake noise was obtained from the multiple factor regression analysis method. Finally, the effectiveness of the proposed index was validated.