• 제목/요약/키워드: linear economy

검색결과 125건 처리시간 0.022초

Nexus between Indian Economic Growth and Financial Development: A Non-Linear ARDL Approach

  • KUMAR, Kundan;PARAMANIK, Rajendra Narayan
    • The Journal of Asian Finance, Economics and Business
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    • 제7권6호
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    • pp.109-116
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    • 2020
  • The study examines the nexus between financial development and economic growth in India during Q1: 1996 to Q3: 2018. This study employs time-series data of real GDP and ratio of broad money to GDP as a proxy for economic and financial development, respectively. The data are obtained from RBI database on the Indian economy. All variables are seasonally adjusted using X12-arima technique and expressed in natural logarithm form. Non-linear Autoregressive Distributed Lag (NARDL) bound test has been used to check for cointegrating relationship of these two variables. Empirical findings suggest that, unlike in the short run, in the long run financial development does impact economic growth positively. Further, a symmetric effect of positive and negative components of financial development is found for the Indian economy, whereas the effect of control variable like exchange rate and trade openness is in consonance with common economic intuition. Exchange rate is in consonance with intuitive economic logic that a fall in exchange rate makes exports cheaper and increases the quantity of export, which improves the balance of payment and leads to a rise in aggregate demand, hence improves economic growth. This paper contributes to the existing literature on India by breaking down financial indicator into positive and negative components to examine the finance-growth relationship.

The Relationships among Service Quality and e-Marketing with Trust and Loyalty to Brands of Mobile Telephone Operators in Kosovo

  • UKAJ, Fatos;MULLATAHIRI, Vjosa
    • 유통과학연구
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    • 제17권10호
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    • pp.27-39
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    • 2019
  • Purpose - This study explores the relationships between e-Marketing and perceived service quality with brand trust and loyalty towards the brand of mobile telephone operators in Kosovo. Research design, data, and methodology - The conceptual model of four constructs was developed, while each construct consisted of the set of variables measured by using five-point Likert scale. The primary data was collected via an online survey through SurveyMonkey, distributed via Facebook and email. The collected data were cleaned, validated and tested for its consistency through Cronbach's Alpha; ensured that five assumptions of multiple linear regression are met. To assess the relationships between outcome variable and dependent variables of the model, performed the bivariate correlation, simple, multiple linear and hierarchical regression. Results - Perceived service quality has a positive significant effect on brand trust and loyalty. e-Marketing presents moderating direct effect on brand loyalty, and slightly higher effect through brand trust of the mobile telephone operators in Kosovo. Conclusions - The perceived service quality and brand trust are key determinants in achieving brand loyalty in telecommunication industry, followed by e-Marketing as means to creating expectations, delivering on promise to meet customers' perceptions for service quality with a purpose of building trust, that leads to loyalty towards the brands of mobile operators in Kosovo.

The Aggregate Production Efficiency of IT Investment: a Non-Linear Approach

  • Repkine, Alexandre
    • 기술경영경제학회:학술대회논문집
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    • 기술경영경제학회 2002년도 제20회 동계학술발표회 논문집
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    • pp.59-89
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    • 2002
  • The rapid diffusion of information and telecommunication (IT) technologies during the recent decennia produced fundamental changes in the economic activity at a global level, resulting in what became coined as the "new economy". However, empirical evidence on the contribution of IT equipment to growth and productivity is at best mixed, with the more or less consistent results on the positive link between the two relating to the United States in the 1990-s. Although the empirical literature on the link between IT investment and economic performance employs a wide variety of methodologies, the overwhelming majority of the studies appears to be employing the assumption of linearity of the IT-performance relationship and predominantly explores the direct nature thereof. In this study we relax both these assumptions and find that the indirect, or aggregate productive efficiency, effects of IT investment are as important as are the direct ones The estimated non-linear nature of the indirect relationship between IT investment intensity and productive efficiency accommodates the concepts of critical mass and complementary (infrastructure) capital offered in the literature. Our key finding is that the world economy′s average level of IT investment intensity remained below the estimated critical mass. Since in this study we developed a methodology that allows one to explicitly measure the critical mass of IT investment intensity, its individual estimation at a country or industrialsector level may help evaluate the extent to which IT investment activity has to be encouraged or discouraged.

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가변 밸브타이밍을 위한 신개념 전자기 리니어 엑츄에이터 (A Linear Electromagnetic Motion Device for VVT in Combustion Engine)

  • 김진호
    • 한국정밀공학회지
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    • 제25권9호
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    • pp.53-58
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    • 2008
  • The traditional engine valve train in a combustion engine is the mechanically driven camshaft system that provides one-fixed valve timing. The variable valve timing (VVT), however, is highly required to achieve the significant improvement in fuel economy. To achieve VVT in combustion engine, the solenoid type of actuator had been developed in past years, but it requires current in all operation period, the starting is difficult and the efficiency is low. In this paper, a new linear actuator using permanent magnet (PM) is proposed and verified its feasibility by finite element (FE) analysis.

A method for the non-linear and failure load analysis of reinforced concrete frames

  • Cosgun, Turgay;Sayin, Baris
    • Computers and Concrete
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    • 제14권1호
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    • pp.41-57
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    • 2014
  • Modern trend in structural design is to use smaller elements in order to ensure several purposes such as economy, functionality and aesthetic in appearance. However, because of decreasing rigidity of the structural elements, the system displacements increases and displacements become an important subject in this kind of structures takes into account both geometrical changes and the carrying capacity of the material after linear-elastic boundary. In this study, a method is proposed to calculate the failure loads and to analyse the reinforced concrete space frame systems. The numerical examples gathered from the literature survey are solved with this method utilising the prepared computer program and the comparable results are presented. The results show that the method is sufficiently accurate.

NARDL 접근법을 사용한 에너지 안보와 경제성장에 대한 관계 분석 (An Analysis of the Relationship between Energy Security and Economic Growth Using the NARDL Approach)

  • 장국진;김진식;정명석;이주연
    • 시스템엔지니어링학술지
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    • 제18권2호
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    • pp.149-159
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    • 2022
  • This study investigated the relationship between economic growth and energy security risk levels in Korea using linear and non-linear ARDL methods. While there are many studies on the relationship between energy consumption and economic growth, few studies focus on the relationship between energy security and economic growth considering 4A dimensions of energy security such as energy availability, accessibility, acceptability, and affordability. Energy risk index from Global Energy Institue and GDP data from world bank are used for ARDL and NARDL analysis. Our result of ARDL shows that there is no long-term relationship between energy security risk levels and economic growth. On the other hand, NARDL result shows that there is an asymmetric relationship between economic growth and energy security risk levels in the long run. The results show the importance of expending further research on ensuring energy security to policymakers.

국내 유통 첨가제의 배출가스 및 연비특성 (Characteristics of Emission and Fuel Economy of Fuel Additives in the Domestic Market)

  • 김성우;이민호;인정민;김재권;정충섭
    • 한국신재생에너지학회:학술대회논문집
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    • 한국신재생에너지학회 2010년도 추계학술대회 초록집
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    • pp.165.1-165.1
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    • 2010
  • In the past, drivers bought a fuel additives to treat a combustion chambers or injector nozzles for carbon or gum deposit at market. But, nowadays, as raised cost of fuel for a vehicle the consumers also start focusing on a function of fuel additives that increases fuel economy of one. Some fuel additive manufacturers and agents advertise that their goods make a car it's initial state. This paper shows data for 3 years that were acquired during test for registration of an additive in domestic. The data were sorted according to kind of vehicle, kind of fuel, test mode, CO, HC, NOx, PM, total emission, fuel economy and accumulated mileage. And than by using simple linear regression analysis changes according to accumulated mileage was displayed. Normal distribution and histogram of rate of increase and decrease were displayed. the analyzed data indicated that a fuel additive maintain and make a car the first state of one but can't make a car be batter than initial the one.

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승용차 도심 주행패턴에 의한 연비 성능 분석 (A Study on the Fuel Economy based on the Driving Patterns for Passenger Car in the Metropolitan Area)

  • 정남훈;이우택;선우명호
    • 한국자동차공학회논문집
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    • 제11권1호
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    • pp.25-31
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    • 2003
  • There are a lot of factors influencing on the automobile fuel economy such as average speed, average acceleration, acceleration sum per kilometer, and so on. In this study, various driving data were recorded during road tests. The accumulated road test mileage in Seoul metropolitan area is around 1,300 kilometers. The data were analyzed by multivariate statistical techniques including correlation analysis, principal component analysis, and multiple linear regression analysis. The analyzed results show that the average trip time per kilometer is one of the most important factors to fuel consumption and the increase of the average speed is desirable for reducing emissions and fuel consumption.

비만과 개인 건강문제가 미치는 국가 경제의 상관관계 분석 (Analysis of the Correlation between Obesity and Individual Health issues and their impact on the National Economy)

  • 배성경;백재순;김성진
    • 한국컴퓨터정보학회:학술대회논문집
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    • 한국컴퓨터정보학회 2024년도 제69차 동계학술대회논문집 32권1호
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    • pp.157-160
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    • 2024
  • 비만은 단순히 개인의 게으름의 문제가 아니라 하나의 위험한 질병으로서 치료를 위해 전문가의 도움이 전적으로 필요로 한다. 개인만의 극복해야 하는 문제가 아니라 사회적 문제로 거론되어 국가 차원에서의 규제와 같은 적극적인 도움이 필요하다. 비만으로 생기는 경제적 손실 또한 무시할 수 없다. 의료비용, 생산성 감소, 사회 보건 문제, 질병 예방 비용 등이 있다. 이 연구는 전 연령층을 대상으로 하되, 아시아, 북아메리카, 남아메리카와 같이 대륙별로 근처 나라들의 2009년에서 2019년까지 10년의 비만 지수와 경제지표를 R을 활용한 회귀분석, 상관관계 분석, Pearson 회귀분석으로 비교하여 가치 있는 결과를 찾는 데 있다. 비만의 해결은 개인의 행복뿐만 아니라 국가의 경제 성장 그리고 회복에 큰 핵심적 요소가 된다는 걸 검증하는 연구이다.

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위계선형모형을 이용한 인적자본의 외부효과 분석 (An Analysis on Human Capital Externalities Using Hierarchical Linear Model)

  • 박정호;이희연
    • 한국경제지리학회지
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    • 제12권4호
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    • pp.627-644
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    • 2009
  • 지식기반사회로 진전됨에 따라 경제성장의 원동력으로서 인적자본(human capital)의 중요성이 부각되면서 인적자본의 외부효과에 대한 관심이 매우 높아지고 있다. 본 연구는 근로자의 임금에 영향을 주는 결정요인을 개인 수준, 기업 수준, 지역 수준별로 위계선형모형을 구축하여 인적자본의 외부효과를 분석하는데 목적을 두었다. 또한 지식확산의 강도가 학력그룹별로 다를 것이라는 가설 하에서 고학력자 그룹과 저학력자 그룹의 인적자본의 외부효과를 비교하였다. 3단계 위계선형모형 추정 결과 지역의 평균 교육수준이 1년 증가할 때 근로자의 평균 임금이 4.4% 상승하는 것으로 나타나, 인적자본의 외부효과가 있음을 말해준다. 이러한 인적자본의 외부효과는 학력수준 집단별로 차이를 보이는 것으로 나타났다. 즉, 학력수준을 고졸 이하와 전문 일반대 졸업, 그리고 석 박사 졸업으로 그룹화하여 인적자본의 외부효과를 산출한 결과 각각 3.0%, 4.7%, 11.8%로 나타나, 고학력으로 갈수록 인적자본의 외부효과가 더 크게 나타나고 있다. 이와 같이 학력 수준별 인적자본의 외부효과가 상이하게 나타나며, 고학력으로 갈수록 외부효과가 더 커지고 있다는 점을 고려해 볼 때 지방의 경쟁력을 살리기 위해서는 인적자본의 외부효과를 높일 수 있는 방안을 적극적으로 모색하여야 할 것이다.

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