• Title/Summary/Keyword: Economic and non-economic

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Korean Retailers' Dependence Level: The Impact of Power Sources, Satisfaction, Conflict, and Long-Term Orientation

  • Yu, Jong-Pil;Pysarchik, Dawn Thorndike;Kim, Yu-Kyung
    • Journal of Global Scholars of Marketing Science
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    • v.18 no.1
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    • pp.81-114
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    • 2008
  • The purpose of this study was to analyze how economic factors (economic satisfaction, economic conflict) and non-economic factors (non-economic satisfaction, non-economic conflict) differentially influence Korean retailers' long-term orientation with manufacturers, and how they are influenced by manufacturers' power sources under different levels of retailer dependence. After Korean retailers were divided into high and low dependence groups, path differences between the two groups were compared. The results suggested that manufacturers' coercive and non-coercive power sources do not differentially influence high and low dependence retailers' economic and non-economic satisfaction, and economic and non-economic conflict. However, the economic satisfaction of low dependence retailers more strongly affects their long-term orientation than that of high dependence retailers. Also, the economic conflict of highly dependent retailers more strongly affects their long-term orientation as compared to low dependence retailers. Finally, the impact of non-economic conflict negatively influences a long-term orientation for both retailer groups.

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Effects of Independent Operator's Company Selection Attributes on Economic and Non-Economic Satisfaction, Trust, and Recommendation in the Network Marketing Industry (네트워크 마케팅 산업에서 독립 사업자의 기업 선택 속성이 경제적 및 비경제적 만족과 신뢰, 추천의도에 미치는 영향)

  • Roh, Hyun-Sik
    • The Korean Journal of Franchise Management
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    • v.10 no.1
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    • pp.19-32
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    • 2019
  • Purpose - Since the opening of Korea's distribution market, the domestic network marketing market has been continuing to grow. In this context, research on network marketing independent operators, which plays the most important role in the network marketing industry, is insufficient. This study was to identify the effects of Independent Operator's Company Selection Attributions on the Economic and Non-Economic Satisfaction, Trust, and Recommendation. The results will provide strategic direction, theoretical and practical implications for companies and operators in the network marketing industry. Research design, data, and methodology - In order to verify the research hypotheses, the data were collected from Independent Operators of Network marketing industry using questionnaires. The pretest was conducted from January 8 to 19, 2018, and the main survey was conducted from February 1 to 28. A total of 210 questionnaires, of which 193 copies were collected. The data were analyzed with SPSS 21.0. and AMOS 21.0. Results - The results are as follows; product competitiveness and system competitiveness have significant effects on economic satisfaction and non-economic satisfaction. Economic and non-economic satisfaction have significant effects on business trust. Economic and non-economic satisfaction did not influence recommendation intention directly, but influence it indirectly. Business trust has a significant effect on business recommendation intention. Conclusions - After starting network marketing business as an independent operator, the competitiveness of the company is meaningless, and product competitiveness and system competitiveness are important factors for economic and non-economic satisfaction. Therefore, network marketing companies and independent operators should prioritize product competitiveness and system competitiveness between business development. The findings show that trust in the business is very important for active business Recommendation to others. Therefore, network marketing firms and independent operators need to make efforts to meet economic and non-economic satisfaction, which have a significant impact on business trust.

Host Country's Non-economic Factors, Local Managers, and Foreign Affiliate Performance

  • Kim, Sung Ryong;Lee, Seungrae
    • Journal of Korea Trade
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    • v.23 no.2
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    • pp.88-109
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    • 2019
  • Purpose - This paper examines the effects of host country's non-economic factors on foreign affiliate's financial and operational performance. Design/Methodology - Using Korean-owned foreign affiliate-level data, we employ various measures that represent host country's non-economic factors and examine their effects on foreign affiliate's performance. We further investigate the effects of local top managers and local middle managers on the impact of country's non-economic factors on foreign affiliate's performance. Findings - We find that local top managers are effective in increasing foreign affiliate's financial performance by dealing with institutional and cultural factors, particularly in high-income countries, while local middle managers are effective in increasing affiliate's operational performance by responding to the changes in doing business factors, particularly in low-income countries. Originality/value - Considering that most of previous FDI studies focus on examining host country's economic factors on firm's FDI decision, our findings suggest that country's non-economic factors are strongly associated with actual business performance of foreign affiliates.

Relationships between Image of Coffee Shops and Brand Loyalty: Mediating Impact of Economic and Noneconomic Satisfaction (커피전문점의 점포이미지와 브랜드 충성도 간의 관계: 경제적 만족과 비경제적 만족의 매개를 중심으로)

  • Choi, Hyung-Min;Eu, Yoon-Sun
    • Journal of the East Asian Society of Dietary Life
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    • v.22 no.5
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    • pp.701-710
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    • 2012
  • The purpose of this study was to classify customer's satisfaction of coffee shops in term of economic and non-economic satisfaction, as well as to examine the effects of coffee shops image on customer's economic and non-economic satisfaction and customer brand loyalty. For this purpose, we collected data from 301 coffee shops, as well as from customers who visited brand name coffee shops in Seoul, Korea. The result of this CFA shows that this study was valid and reliable. Our findings were as follow: (1) Product and accessibility image of coffee shops influenced customer's economic satisfaction, whereas facility and staff image did not. (2) The effects of product, facility, staff and accessibility image on customer's non-economic satisfaction were significant. (3) Coffee shop image was not influenced by brand loyalty. (4) Economic and non-economic satisfaction had a significant impact on brand loyalty.

The Analysis of Sensitivity of Imported Fisheries with Regard to Non-Economic Considerations Using AHP (AHP를 이용한 수입수산물의 비경제적 민감도 분석에 관한 연구)

  • Jang, Young-Soo;Park, Cheol-Hyung
    • The Journal of Fisheries Business Administration
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    • v.37 no.3 s.72
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    • pp.65-83
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    • 2006
  • This study is to obtain the order of the sensitivity of importing marine products with regard to non - economic aspects of considerations under the free - trade. Three criteria are extracted considering various aspects of Korean fishery society. They are the socio - economic, resource - environmental, and policy - appropriateness criterion. The Analytic Hierachy Process(AHP) is used to obtain the estimates of weights among these criteria. First of all, the weights between economic and non - economic in the first hierachy of sensitivity criteria turn out to be 83.3% and 16.7%. Second, the weights among three criteria in the non - economic aspect, the second hierachy, are following that the socio - economic criterion is 19.6%, resource - environmental 31.1%, and policy - appropriateness 49.3% respectively. 47 selected fishes are evaluated based on these three non - economic criteria using 9- point scales. The over - all order of sensitivity is a croaker, hairtail, flatfish, sea breams, and so forth in descending order. The least sensitive fish turns out to be an angler. In addition to the over - all order, the sensitivity based on the three specific non - economic aspects is also investigated. The most sensitive fish in terms of the socio - economic criterion is an hairtail while the least one is a filefish. The most sensitive fish in terms of the resource - environmental criterion is an abalone while the least one is an angler. Finally, the most sensitive fish in terms of the policy - appropriateness is a mackerel while the least one is a small octopus.

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A Study on the Analysis of the Economic and Non-Economic Effects of Environmental Qualifications on Their Holders (환경분야 자격이 개인에게 미치는 경제적.비경제적 효과 분석)

  • Park, Jong-Sung;Lee, Mu-Choon
    • Hwankyungkyoyuk
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    • v.18 no.1 s.26
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    • pp.55-69
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    • 2005
  • This study aims to investigate and practically examine the effect of environmental qualifications based on the theoretical background on the area. First, the economic effect of the acquisition of the qualifications was to be studied from the viewpoints of individuals and from an actual analysis on it, its effect was to be proved. Second, its non-economic effect was to be proved from the same way as the first analysis. On the basis of theoretical background, a study model was formulated in a way that the effect of qualifications in individuals side was divided into an economic effect (wage, employment, promotion, job-switching) and non-economic effect (self-development, self-efficiency, satisfaction on the job, ability to cope with the advancement of technology, job performance, signal effect, the settlement of uneasiness at unemployment). Then, survey was carried out with questions designed in accordance with this model. The hypotheses were proved as the following. First, for hypothesis 1(Environmental qualifications will bring up positive impacts on an individuals economic effect), environmental qualifications was shown to have positive impacts on wage, job-switching in personal economic effect. But, no personal economic effect appeared for employment and promotion. Second, for hypothesis 2(Environmental qualifications will bring up positive impacts on an individuals non-economic effect), environmental qualifications appeared to have positive impacts on self-efficiency, ability to cope with the advancement of technology, job performance and signal effect. Besides, no impact was shown in satisfaction on the job and the settlement of uneasiness at unemployment and self-development.

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Spaces of Articulated (Non-)Economic Practices and Social Reproduction: Economic Geographical Perspective to the Marketization in North Korea (절합된 (비-)경제적 관행의 공간과 사회적 재생산: 북한 시장화에 대한 경제지리학적 접근)

  • Kim, Boo-Heon;Lee, Sung-Cheol
    • Journal of the Economic Geographical Society of Korea
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    • v.22 no.4
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    • pp.381-404
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    • 2019
  • The paper aims to identify how North Korean various economic agents respond to the economic crisis in North Korea, and how these multiple practices are entangled with its spatiality by through the questionnaire survey and in-depth interview targeted at North Korean refugees. The paper argues that it needs to examine the marketization in North Korea in terms of the domesticating recently debated in economic geography. In this perspective, the marketization in North Korea could be explained not as a grand project 'out there' with hegemonic power, but as various economic agents within their space are constantly (re)constructed through everyday life practices. Economic agents' responses to economic crisis, economic rupture, and economic marginalization could be identified in terms of articulation between economic and non-economic factors. More specifically, the paper emphasizes everyday life responses are over-determined by their economic and non-economic factors and its effectiveness is differentiated by their power relations.

Economic Problems of Rural Poor Households in Korea - Focused on the Economic Resources - (농촌빈곤가계의 경제문제 I -경제자원 문제를 중심으로-)

  • 최은숙
    • Korean Journal of Rural Living Science
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    • v.6 no.1
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    • pp.73-84
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    • 1995
  • The objective of this thesis is to analyse empirically the economic resource problems of the rural poor households. Data from 444 rural sample households in four provinces, divided into two subgroups, the poor and the non-poor households, were analysed and compared. The owned arable land size, level of agricultural and non-agricultural income, assets, debts and the sufficiency of living expenses of the poor households were measured and compared with those of non-poor households respectively. The significant findings and drawn conclusions are as follows : The rural poor households 1. tends to show smaller family size, older age and lower level of education of homemakers than the non-poor households, that might work as constraints to income sources and quality. 2. has not only small arable lands and agricultural income but also even smaller cash income, less than 50% of total income, with 27% of self-product consumption and depends more on non-agricultural income than the non-poor households. Such weakness of income structure might cause and increase the income instability of the rural poor households. 3. reveals significantly different level and components of assets from the non-poor households lower level of assets, less amounts of but more load of debt due to lower solvency that comes from low level of income and assets, higher debts for consumption and lower accessibility to credit. All these socio-demographic and economic characteristics of the rural poor households might have compound effects on the economic problems of the poor households and make vicious circle of poor.

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Economic and non-economic loss and damage to climate change: evidence from a developing country shrimp farms to cyclone Bulbul

  • Islam, Md. Monirul;Nipa, Tanjila Akter;Islam, Md. Sofiqul;Hasan, Mahmudul;Khan, Makidul Islam
    • Fisheries and Aquatic Sciences
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    • v.25 no.4
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    • pp.214-230
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    • 2022
  • Loss and damage have become a vital contemporary issue in climate change studies and actions in developing countries. However, studies are scant on this in the fisheries sector around the world. In Bangladesh, there is no study on the loss and damage in fisheries dependent communities. This study assesses economic and non-economic loss and damage to coastal shrimp farms due to cyclone Bulbul in Gabura Union of Shyamnagar Upazila, Satkhira district, using a mixed method approach. Results show that all shrimp farms' dependent communities are affected by cyclone Bulbul to some extent. About 14%, 57%, and 29% of the farms were totally, heavily and moderately damaged due to farm inundation and dyke damage. The estimated mean loss and damage per shrimp farm was worth USD 4,633. Around 31% and 72% of the farms' fencing nets and traps were lost, which was worth USD 333 per farm. There were also loss and damage to other resources such as houses, solar panels, livestock and agricultural crops where the estimated mean loss and damage per household was worth USD 3,170. This study reported that the rich shrimp farmers encountered proportionately more economic loss and damage than their poor counterparts. However, this does not mean that the poor suffered less. The current study found a range of non-economic loss and damage in different aspects of the shrimp farmers' household members such as unbearable mental pain, deterioration of health, physical injuries, disabilities, etc. and access to services (e.g., inadequate food, lack of safe drinking water, lack of medical facilities, disruption of education systems), social infrastructure (e.g., damage of roads and markets) and disturbance of cultural functions. The findings suggest that urgent short- and long-term actions may be taken to save the aquaculture farms and dependent livelihoods from economic and non-economic loss and damage to cyclones in future.

Effects of the Utilization of Non-Reciprocal Trade Preferences Offered by QUAD Countries on Economic Growth in Beneficiary Countries

  • SENA KIMM GNANGNON
    • KDI Journal of Economic Policy
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    • v.45 no.1
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    • pp.33-68
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    • 2023
  • The present article investigates empirically whether non-reciprocal trade preferences (NRTPs) offered by QUAD countries (Canada, the European Union, Japan, and the United States) to developing countries have helped to promote economic growth in the beneficiary countries. Two main blocks of NRTPs are considered here: Generalized System of Preferences (GSP) programs and other trade preferences programs. The analysis used a set of 90 beneficiary countries of NRTPs that are concurrently recipients of development aid over the period of 2002-2018. Using the two-step system generalized method of moments, the analysis indicated that while a higher degree of utilization of each of these two blocks of NRTPs has been associated with a high economic growth rate, development aid enhances this positive effect. This highlights the need for donors to support a development strategy based on the provision of both development aid and NRTPs if they are to help beneficiary countries to promote economic growth. Finally, when the positive economic growth effect of the utilization of NRTPs is higher, the result is a greater country's share of exports (under preferential tariffs) to QUAD countries out of their total merchandise exports.