• Title/Summary/Keyword: Economic Index

Search Result 1,613, Processing Time 0.029 seconds

Forecasting Unemployment Rate using Social Media Information (소셜 미디어 정보를 이용한 실업률 예측)

  • Na, Jonghwa;Kim, Eun-Sub
    • Journal of Korea Society of Industrial Information Systems
    • /
    • v.18 no.6
    • /
    • pp.95-101
    • /
    • 2013
  • Social media has many advantages. It can gain latest information with real time, be spread rapidly, easily be reproduced and distributed regardless of its form. These advantages can result in real time predictions using the latest information, which is possible due to the increase in social demand for more quick and accurate economic variable predictions. In this paper we adopted ARIMAX and ECM model to predict the unemployment rate and as a social information we used the Google Index provided by Google Trend. Also we used News Index as a domestic social information. The process of fitting statistical model considered in this paper can be adopted to predict various socio/economic indices as well as unemployment rate.

Analysis of time series models for consumer price index (소비자물가지수의 시계열모형 연구)

  • Lee, Hoon-Ja
    • Journal of the Korean Data and Information Science Society
    • /
    • v.23 no.3
    • /
    • pp.535-542
    • /
    • 2012
  • The consumer price index (CPI) data is one of the important economic measurement of the country. In this article, the Autoregressive Error (ARE) model has been considered for analyzing the monthly CPI data at Seoul, Pusan, Daegu, and Gwangju Cities in Korea, In the ARE model, nine economic variables are used as the explanatory variables for the CPI data set. The nine explanatory variables are CCI (coincident composite index), won-dollar rate, producer price index, oil import price, oil import volume, international current account, import price index, unemployment rate, and amount of currency. The result showed that the monthly ARE models explained about 46-52% for describing the CPI.

Evaluation Factors Influencing Construction Price Index in Fuzzy Uncertainty Environment

  • NGUYEN, Phong Thanh;HUYNH, Vy Dang Bich;NGUYEN, Quyen Le Hoang Thuy To
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.2
    • /
    • pp.195-200
    • /
    • 2021
  • In recent years, Vietnam's economic growth rate has been attributed to the growth of many well-managed industries within Southeast Asia. Among them is the civil construction industry. Construction projects typically take a long time to complete and require a huge budget. Many socio-economic variables and factors affect total construction project costs due to market fluctuations. In recent years, crucial socioeconomic development indicators of construction reached a fairly high growth rate. Also, most infrastructure and construction projects have a high degree of complexity and uncertainty. This makes it challenging to predict the accurate project price. These challenges raise the need to recognize significant factors that influence the construction price index of civil buildings in Vietnam, both micro and macro. Therefore, this paper presents critical factors that affect the construction price index using the fuzzy extent analysis process in an uncertain environment. This proposed quantitative model is expected to reflect the uncertainty in the process of evaluating and ranking the influencing factors of the construction price index in Vietnam. The research results would also allow project stakeholders to be more informed of the factors affecting the construction price index in the context of Vietnam's civil construction industry. They also enable construction contractors to estimate project costs and bid rates better, enhancing their project and risk management performance.

Characterizing Social Welfare Index between Urban and Rural Regions in China: An Application of Principal Component Analysis (중국의 도농 간 사회후생지표 특성에 관한 연구: 주성분분석에 의한 접근)

  • Rhee, Hyun-Jae
    • The Journal of the Korea Contents Association
    • /
    • v.17 no.7
    • /
    • pp.371-383
    • /
    • 2017
  • The aim of this paper is to investigate adjusting process of trade-off relationship between economic growth and income distribution in China which is established by mixed with social and market-oriented economic systems. The characteristic nature of social welfare index in urban and rural regions in China is examined by employing principal component analysis. Empirical evidences reveal that unlike national wide or urban region, the increases of income contribute to improve social well-being in rural region, but not social welfare index. Accordingly, it can be said that although social well-being in rural region seems to be harmful because of weakly organized social welfare index, the potentiality exists to improve social well-being by increased income. Taken all together, the results signifies that the mixed economic system such as China might distribute its increased income appropriately, however, the distributional system is hardly operated to improve social welfare index. And thus the distributional system has to be amended to enhance social well-being in China.

A Study on the Relation of Laughter Index, Depression and Anxiety in Middle-aged Women (중년여성의 웃음지수, 우울, 불안과의 관계)

  • Kim, Hye-Soon;Lee, Eun-Ja
    • The Korean Journal of Rehabilitation Nursing
    • /
    • v.9 no.2
    • /
    • pp.126-133
    • /
    • 2006
  • Purpose: The purpose of this study was to investigate Laughter Index, depression and anxiety in middle-aged women. Method: The data were collected from 622 middle-aged women by means of structured questionnaire. The data were analyzed using descriptive analysis, t-test, one-way ANOVA, Pearson correlation analysis by SPSS version 10. Results: The measuring of respondents' laughter index revealed they scored an average of 94.75 (${\pm}16.13$) of the full score 150. The measuring of respondents' depression showed they marked an average of 42.69 (${\pm}7.72$) of the full score 80. The measuring of respondents' anxiety showed they marked an average of 42.03 (${\pm}9.48$) of the full score 80. Respondents statistically showed the significant difference in their laughter index depending on age(t=.917, p=.000), and economic status(F=21.710, p=.000). Respondents statistically revealed the significant difference in depression depending on religion(F=3.396, p=.018), economic status(F=13.660, p=.000). Respondents statistically revealed the significant difference in anxiety depending on religion(F=5.557, p=.001), economic status(F=16.79, p=.000). The laughter index related to depression and anxiety in middle-aged women were significantly correlated. Conclusion: This study showed that laughter index in middle-aged women was correlated negatively depression and anxiety. Further research is regarded as necessary to evaluate and to compare effects of laughter with physical health status.

  • PDF

A Study on Developing the Business Index of Electrical Construction Business (전기공사업 경기지수 개발에 관한 연구 - 전기공사업 경기종합지수(ECI) 및 기업경기실사지수(EBSI)를 중심으로 -)

  • Park, Houng-Hee;Kim, Mi-Ri
    • Korean Journal of Construction Engineering and Management
    • /
    • v.15 no.4
    • /
    • pp.107-118
    • /
    • 2014
  • Electrical Construction industry uses Construction industry's statistical data for business outlook. Because there are not electrical construction business view's statistical data. It has own unique characteristic which is different from construction industry. So it must have a electrical construction Business Index. This study was focused on developing the business index of electrical construction business. Electrical construction business index consists of electrical construction composite Index(ECI) and the electrical construction business survey index(EBSI). This study experimentally analyzes the business views of electrical construction industry in 2/4 quarter of 2014. The leading Index of ECI indicates -0.4% compared with 1/4 quarter of 2014, coincidence index also shows that electrical construction industry's business cycle is in an economic downturn. EBSI is 83.5 in 2/4 quarter of 2014, down from 95.2 in 1/4 quarter of 2014. It means that electrical construction company has a pessimistic prediction. As a result we know that the Business Index of Electrical Construction Business shows similar results. It is expected to make contribution for electrical contractors to establish management strategies and prepare responses to economic changes by providing information about economic trends of electrical construction business and forecasting future economy.

Lactation Persistency as a Component Trait of the Selection Index and Increase in Reliability by Using Single Nucleotide Polymorphism in Net Merit Defined as the First Five Lactation Milk Yields and Herd Life

  • Togashi, K.;Hagiya, K.;Osawa, T.;Nakanishi, T.;Yamazaki, T.;Nagamine, Y.;Lin, C.Y.;Matsumoto, S.;Aihara, M.;Hayasaka, K.
    • Asian-Australasian Journal of Animal Sciences
    • /
    • v.25 no.8
    • /
    • pp.1073-1082
    • /
    • 2012
  • We first sought to clarify the effects of discounted rate, survival rate, and lactation persistency as a component trait of the selection index on net merit, defined as the first five lactation milks and herd life (HL) weighted by 1 and 0.389 (currently used in Japan), respectively, in units of genetic standard deviation. Survival rate increased the relative economic importance of later lactation traits and the first five lactation milk yields during the first 120 months from the start of the breeding scheme. In contrast, reliabilities of the estimated breeding value (EBV) in later lactation traits are lower than those of earlier lactation traits. We then sought to clarify the effects of applying single nucleotide polymorphism (SNP) on net merit to improve the reliability of EBV of later lactation traits to maximize their increased economic importance due to increase in survival rate. Net merit, selection accuracy, and HL increased by adding lactation persistency to the selection index whose component traits were only milk yields. Lactation persistency of the second and (especially) third parities contributed to increasing HL while maintaining the first five lactation milk yields compared with the selection index whose only component traits were milk yields. A selection index comprising the first three lactation milk yields and persistency accounted for 99.4% of net merit derived from a selection index whose components were identical to those for net merit. We consider that the selection index comprising the first three lactation milk yields and persistency is a practical method for increasing lifetime milk yield in the absence of data regarding HL. Applying SNP to the second- and third-lactation traits and HL increased net merit and HL by maximizing the increased economic importance of later lactation traits, reducing the effect of first-lactation milk yield on HL (genetic correlation ($r_G$) = -0.006), and by augmenting the effects of the second- and third-lactation milk yields on HL ($r_G$ = 0.118 and 0.257, respectively).

Building Index of Sustainability and Limits to Creating Shared Value in Vietnamese Coffee Industry (베트남 커피산업의 지속가능성 지표 구축과 공유가치창출의 한계)

  • Ji, Hochul;Lee, Sung-Cheol
    • Journal of the Economic Geographical Society of Korea
    • /
    • v.21 no.4
    • /
    • pp.289-302
    • /
    • 2018
  • As business activities of firms for maximizing profits has resulted in increases in economic, social and environmental problems in regional geographies, they have stimulated some social activities through enhancing their public image and justifying their conducts. In fact, firms have been given concerned with a decrease in profits due to the promotion of their social activities required by local communities. However, firms are able to create shared value resulted in added value creation centering on shareholder as well as stakeholder by expanding increases in economic and social values. Therefore, the main purpose of this research is to draw an index which is able to evaluate the mechanism of virtuous circle resulted from creating shared value(hereafter CSV). At the same time, it has attempted to analyze some limits to and real effects of CSV by the index. The paper has analyzed the CSV of certificated coffee by using the index of sustainability in the Vietnamese coffee industry. The introduction of certificated coffee showed positive effects in the order of environmental, economic and social indicators. However, the structure of closed decision-making in Vinacafe, which is a state-firm, has not able to secure enough economic profits for CSV, leading to some limits to the formation of virtuous circles in the Vietnamese certificated coffee industry.

Development of Korean Container Freight Index Based on Trade Volume (물동량 기반의 한국 정기선 운임지수 개발)

  • Choi, Jung-Suk;Hwang, Doo-Gun
    • Journal of Korea Port Economic Association
    • /
    • v.33 no.3
    • /
    • pp.53-68
    • /
    • 2017
  • The purpose of this study is to develop a new Korean container freight index by applying weights based on the global trade volume. To achieve this, it was decided to determine the conditions such as establishment of routes and regions, weighting of trade volumes which based on prior research and expert advice. Based on this, the individual index and regional index and composite index were calculated, and then reliability and statistical significance of the index was verified through correlation analysis and Granger causality analyses. This study suggest the following findings, through the development of the Korean container freight index. Firstly, Korean freight index reflects the overall market situation and can be used as a benchmark for determining the conditions of each market, consisting of criteria of region and routes. Secondly, it is possible to reflect the market conditions in which actual freight differences exist, since it has developed separate indexes for export and import routes. Finally, The composite index is the only index that reflects not only exports and imports but also 27 individual routes based on Busan, which is the most comprehensive indicator of the korean container freight market.

A Study on the Arson Characteristic by the Economic Variable (경제적변수에 따른 방화특성에 관한 연구)

  • Park, Nam-Kwun;Yoon, Myong-O
    • Fire Science and Engineering
    • /
    • v.25 no.3
    • /
    • pp.14-19
    • /
    • 2011
  • This research was conducted with goals to reducing arson and finding its relationship with social phenomenons. Especially, unlike previous researches, focus has been on the economic indicators, and the effect of economic indicators on arson. As a result, we were able to find the relationship between economic indicators and arson. When growth rate and consumer index prices decrease, the economy stagnates and thus incidents of arson increases. In contrast, when growth rate increases and consumer index prices increase, the rate in which arson occurred decreased. Also, we have found that when personal debt rate increases, the numbers of arson incidents increased as well.