• 제목/요약/키워드: Budget Distribution

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How Vulnerable is Indonesia's Financial System Stability to External Shock?

  • Pranata, Nika;Nurzanah, Nurzanah
    • The Journal of Asian Finance, Economics and Business
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    • 제4권2호
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    • pp.5-17
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    • 2017
  • The main objective of the study is to measure the vulnerability of Indonesia's financial system stability in response to external shocks, including from regional economies namely three biggest Indonesia major trading partners (China, the U.S and Japan) and other external factors (oil price and the federal funds rate). Using Autoregressive Distributed Lag (ARDL) model and Orthogonalized Impulse Response Function (OIRF) with quarterly data over the period Q4 2002 - Q1 2016, results confirm that, 1) oil price response has the largest effect to Indonesia financial stability system and the effect period is the longest compared to others, represented by NPL and IHSG; 2) among those three economies, only China's economic growth has significantly positive effect to Indonesia financial stability system. Based on the findings it is better for the authorities to: 1) Diversify international trade commodities by decreasing share of oil, gas, and mining export and boosting other potential sectors such as manufacture, and fisheries; 2) Ensure the survival of Indonesia large coal exporter companies without neglecting burden of national budget; and 3) Create buffer for demand shock from specific countries by diversifying and increasing share of trading from other countries particularly from ASEAN member states.

Service Innovation of 3/2 Star Hotel in Bandung

  • Lestari, Yuliani Dwi;Laode, M.I.
    • The Journal of Asian Finance, Economics and Business
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    • 제5권3호
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    • pp.73-80
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    • 2018
  • The growth of Bandung's tourism industry has had a massive impact on the hotel sector. Most tourists visiting Bandung are domestic tourists and tend to be modest spenders fitting the profile of a mid-market (2/3 star) hotel guest. As competition has increased mid-market hotels have come under pressure from upmarket (4/5 star) and budget hotels committed to cutting prices. There is also competition with the mid-market hotel sector, which means that the 2/3 star hotels have to keep innovating in order to remain competitive. This study uses the Service Quality framework to describe customer expectations and identify gaps in hotel services. A questionnaire survey of 105 local tourists who had stayed in 2/3 star hotels in Bandung showed that the most important dimension is responsiveness, following by reliability, assurance, tangibles and empathy. Thus we conclude that local tourists' primary expectations are that hotels will deliver the service they have promised, be responsive to guests' needs and comply with service standards. Furthermore, these findings validate the earlier prediction that comparing 2/3 star hotel with 5/4 start hotel, the customers are having preliminary knowledge on facilities limitation and friendliness. Tourists using 2/3 star hotels tend to be prepared to accept limited facilities and less friendly staff service.

해외에서 요구되는 국가 과학기술정보 분석 (An Analysis on National S&T Information Requested by Overseas Organizations)

  • 유수현;김완종;문영수;이선애;예용희
    • 한국콘텐츠학회:학술대회논문집
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    • 한국콘텐츠학회 2009년도 춘계 종합학술대회 논문집
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    • pp.1205-1209
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    • 2009
  • 과학기술정보는 과학기술 연구개발을 위한 핵심요소로, 각국에서는 앞다투어 과학기술정보의 확보를 위해 노력하고 있다. 우리나라도 선진국에서 생산되는 과학기술정보를 입수하기 위해 많은 예산과 노력을 투자하고 있다. 한편, 국내에서 생산되는 과학기술정보는 그 질적 우수성에도 불구하고 해외로 유통되는 경우가 미비한 실정이다. 이 연구는 해외 주요과학기술정보 유통기관에서 요청한 국내 정보자료를 분석하여, 국내 과학기술정보의 글로벌 유통 현황을 파악함으로써, 국내 과학기술자들의 연구성과를 해외에 확산하기 위한 유통체계를 정립하는데 기초자료로 삼고자 한다.

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Estimated Advection Heat in the East/Japan Sea

  • Han, In-Seong;Kang, Yong-Q;Kim, Bok-Kee;Seong, Ki-Tack
    • 한국환경과학회:학술대회논문집
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    • 한국환경과학회 2003년도 International Symposium on Clean Environment
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    • pp.165-170
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    • 2003
  • A significant surface net heat loss appears around the Kuroshio and the Tsushima Warm Current regions. The area where the surface heat loss occurs should require heat to be supplied by the current to maintain the long-term annual heat balance. Oceanic heat advection in these regions plays an important role in the heat budget. The spatial distribution of the heat supply by the Tsushima Warm Current near the surface was examined by calculating the horizontal heat supply in the surface layer of the East/Japan Sea, directly from historical sea surface temperature and current data. We have also found a simple estimation of the effective vertical scale of heat supply by the current to compensate net heat loss using the heat supplied by the current in the surface 10m layer. The heat supplied by the current for the annual heat balance was large in the Korea/Tsushima Strait and along the Japanese Coast, and was small in the northwestern part of the East/Japan Sea. The amount of heat supplied by the current was large in the northwestern part and small in the southeastern part of the East/Japan Sea. These features suggest that the heat supplied by the Tsushima Warm Current is restricted to near the surface around the northeastern part and extends to a deeper layer around the southeastern part of the East/Japan Sea.

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Does Competency, Commitment, and Internal Control Influence Accountability?

  • HARDININGSIH, Pancawati;UDIN, Udin;MASDJOJO, Greg. N.;SRIMINDARTI, Ceacilia
    • The Journal of Asian Finance, Economics and Business
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    • 제7권4호
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    • pp.223-233
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    • 2020
  • This study aims to analyze the influence of apparatus resources, organizational commitment, internal control on the accountability of village fund allocations with the level of education as a moderating. Accountability analysis of village fund allocation is carried out at every stage of planning, implementation stage, administration stage, reporting stage, and accountability stage. The study was conducted in 18 villages in Undaan District, Kudus Regency - Indonesia, with a total sample of 115 village officials. Structural Equation Model analysis techniques with Warp Partial Least Square were used to test the research hypotheses. The results showed that apparatus resources, organizational commitment, and internal control had a positive effect on the accountability of village fund allocations. The level of education strengthens the influence of apparatus resources on the accountability of village fund allocations. The findings of the study further prove that commitment has positive implications for achieving accountability. It means that the higher the commitment made by the government apparatus, the better and higher the effect on accountability in managing public funds. With an ethical commitment of the government apparatus in managing the budget, the use of funds can be in accordance with the planning and designation so that goals can be achieved.

The Two-Stage Least Squares Regression of the Interplay between Education and Local Roads on Foreign Direct Investment in the Philippines

  • DIZON, Ricardo Laurio;CRUZ, Zita Ann Escabarte
    • The Journal of Asian Finance, Economics and Business
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    • 제7권4호
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    • pp.121-131
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    • 2020
  • This study aims to investigate the interplay between education and local roads on Foreign Direct Investment (FDI) in the Philippines, using economic growth as an instrument. The study used the quantitative research design applying both descriptive and inferential statistics. A combination of Two Stage Least Square Regression Model and three approaches in Panel Regression Model such as Pooled Least Square, Fixed Effect Model, and Random Effect Model were utilized in order to study the effects of education and local roads on foreign direct investment of the Philippines. Based on Fixed Effect regression results, higher education graduates and local road investments, as conditioned by economic growth, were significant factors in order to increase the foreign direct investment in the Philippines. Accordingly, a unit increase in higher education graduates, as conditioned by economic growth, leads to 8.758 unit increases in the foreign direct investment. While, a unit increased in local road investments, as conditioned by economic growth, leads to a 0.002 decrease in foreign direct investment. The regression results of the study suggest that the Foreign Direct Investment in the regions such as CAR, I, II, IV-B, V, VIII, IX, X, XI, XII, XIII, and ARMM are higher compared to Region IV-A.

Rainwater for Water Scarcity Management: An Experience of Woldia University (Ethiopia)

  • ANDAVAR, Venkatesh;ALI, Bayad Jamal;ALI, Sazan Ahmed
    • Asian Journal of Business Environment
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    • 제10권4호
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    • pp.29-34
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    • 2020
  • Purpose: Town of Woldia, a semi-arid region in the Northern Wollo region of Ethiopia, faces water supply shortage in general, though the town possesses a running stream of clean water throughout the year. This study is aimed at analyzing the possibility of using rainwater for water scarcity and non-potable water needs of the Woldia University. A careful study and analysis have been made to assess the feasibility of using rainwater in place of the tap water supply. Research design and methodology: This study was done inside the main campus of Woldia University located in Woldia town. The runoff water from the roof of buildings was studied, by the time of rainfall in the town. Also, the budget needed for implementing a rainwater harvesting system was calculated. Results: The findings of the study clearly indicates that the requirements of the water to use for flushing, cleaning, and washing toilets in the administrative buildings and classrooms can be satisfied by using rainwater as an alternative to tap water. Conclusion: Based on the results the study finds it is benefitable for the Woldia University to install the rainwater harvesting system at the earliest to solve the water problems prevailing in the current situation.

다요소 가중 평균법을 이용한 인공지능 기술 개발전략 연구 (A Study on the Development Strategy of Artificial Intelligence Technology Using Multi-Attribute Weighted Average Method)

  • 장해각;최일영;김재경
    • 한국IT서비스학회지
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    • 제19권2호
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    • pp.93-107
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    • 2020
  • Recently, artificial intelligence (AI) technologies has been widely used in various fields such as finance, and distribution. Accordingly, Korea has also announced its AI R&D strategy for the realization of i-Korea 4.0 in May 2018. However, Korea's AI technology is inferior to major competitors such as the US, Canada, and Japan Therefore, in order to cope with the 4th industrial revolution, it is necessary to allocate AI R&D budgets efficiently through selection and concentration so as to gain competitive advantage under a limited budget. In this study, the importance of each AI technology was evaluated in multi-dimensional way through the questionnaire of expert group using the evaluation index derived from the literature review From the results of this study, we draw the following implication. In order to successfully establish the AI technology development strategies, it is necessary to prioritize the cognitive computing technology that has great market growth potential, ripple effect of technology development, and the urgency of technology development according to the principle of selection and concentration. To this end, it is necessary to find creative ideas, manage assessments, converge multidisciplinary systems and strengthen core competencies. In addition, since AI technology has a large impact on socioeconomic development, it is necessary to comprehensively grasp and manage scientific and technological regulations in order to systematically promote AI technology development.

Effects of Foreign Direct Investment and Quality of Informal Institution on the Size of the Shadow Economy: Application to Vietnam

  • NGOC, Bui Hoang
    • The Journal of Asian Finance, Economics and Business
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    • 제7권5호
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    • pp.73-80
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    • 2020
  • Tax is the main revenue of Government, so fighting tax evasion and sustainable growth have been the primary macroeconomic goals being pursued by every developing country, Vietnam included. The existence and development of the shadow economic sector are synonymous with the national budget losing out. In Vietnam, foreign direct investment projects do not promote economic growth and is also a sector that gives way to tax evasion.The purpose of this study is to investigate the impact of foreign direct investment, the quality of the informal institution on the size of the shadow economy in Vietnam, during the period 1991-2015. By applying the Autoregressive Distributed Lag approach and Toda and Yamamoto test, we found evidence to conclude that the quality of the informal institution harms the size of the shadow economy. The results of the causality test show that there is a unidirectional causality running from the shadow economy and the quality of the informal institution to foreign direct investment attraction in Vietnam. Political solutions need to be implemented carefully to counter the harmful effects of the shadow economy. Policymakers should adopt several economic policies to improve the 'human capital' and drive the shadow economy into the formal economy.

서울지역 학교급식 시설 현황 및 HACCP 시스템 운영에 따른 장애요인 인지도 조사 (The School Foodservice Securement Facilities and Perceptions of Barriers to Implementation of HACCP System in School Foodservice in Seoul Area)

  • 이애랑
    • 한국식품영양학회지
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    • 제26권3호
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    • pp.578-590
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    • 2013
  • The subject study was targeted towards nutrition teacher (dietitian) of elementary, middle, and high schools in Seoul areal. In addition, this study was to investigate the current status of school foodservice securement facilities & equipments and to analyze the obstructive factors for executing the HACCP system. The aim of this study was to provide base-line data so that a more efficient & effective sanitary management system for school foodservise can be settled in. All surveys were distributed and collected via email. A total of 305 survey papers were collected and out of these, 300 school results were analyzed and the results are as follows. The order of the securement facilities & equipment furnished were pre-handing equipments>washing>cooking>inspection>facilities>storage>space area>distribution equipments. The awareness of obstructive factors in executing the HACCP system was a total of 3.17 points and the order was as follows. The general obstructive factors>obstructive factors in the cooking staff executing the HACCP system>collaboration between the school/team leaders and the budget supporting department>obstructive factors in the nutrition teacher (dietitian) executing the HACCP system. School foodservice securement facilities & equipments in Seoul area must be renovated and modernized so as to improve its current situation. Furthermore, leadership programs are necessary to enhance nutritionists' understanding of the HACCP system and the cooking staff's competencies in instructing and supervising.