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

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Empowering Poor-Households Women on Productive Economy Businesses in Indonesia

  • SUMINAH, Suminah;ANANTANYU, Sapja
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.769-779
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    • 2020
  • Self-efficacy has been extensively evaluated, but no studies have investigated the effect of self-efficacy on the self-reliance of women in poor-households economic productivity. This study analyzes self-efficacy as a personal factor, learning processes, and social support as an environmental factor towards the achievement of self-reliance in women from poor-households in productive economy businesses. Despite the dominant logic of this scheme, there is a need for field-based data regarding whether the variable really supports the sustainable empowerment of poor-households women. This study used the quantitative method through the survey technique. The samples of this study included 250 people collected from five regencies in Indonesia by using a multiple-stage random sampling. The data were analyzed with structural equation modeling. The results show that social support has a significant positive impact on the learning process; social support has a direct negative impact on self-efficacy. The learning process has a direct positive influence on self-efficacy, while social support has a non-significant impact on self-reliance. The learning process has a direct influence on self-reliance. Social support and the learning process both have significant positive impact on self-efficacy. Social support, learning process, and self-efficacy simultaneously have a positive impact on self-reliance in productive economic activities.

An Improved Differential Evolution for Economic Dispatch Problems with Valve-Point Effects (개선된 DE 알고리즘을 이용한 전력계통의 경제급전)

  • Jeong, Yun-Won;Lee, Joo-Won;Jeong, Sang-Yun;Park, Jong-Bae;Shin, Joong-Rin
    • Proceedings of the KIEE Conference
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    • 2007.07a
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    • pp.848-849
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    • 2007
  • This paper presents an efficient approach for solving the economic dispatch (ED) problems with valve-point effects using differential evolution (DE). A DE, one of the evolutionary algorithms (EAs), is a novel optimization method capable of handling nonlinear, non-differentiable, and nonconvex functions. And an efficient constraints treatment method (CTM) is applied to handle the equality and inequality constraints. The resultant DE-CTM algorithm is very effective in solving the ED problems with nonconvex cost functions. To verify the superiority of the proposed method, a sample ED problem with valve-point effects is tested and its results are compared with those of previous works. The simulation results clearly show that the proposed DE-CTM algorithm outperforms other state-of-the-art algorithms in solving ED problems with valve-point effects

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A Study of the Non-market Effects of Five-day Workweek (주5일 근무제도 실시의 노동시장 외적 효과)

  • Park, Cheolsung
    • Journal of Labour Economics
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    • v.37 no.4
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    • pp.59-88
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    • 2014
  • I estimate the non-market effects of implementing five-day workweek controlling for the individual-job fixed effect. I find that the implementation of five-day workweek has improved an individual's subjective health status, increased the frequency of exercises, increased the probability to get education or training other than job training, improved subjective quality of life, increased spending for leisure and cultural activities, and improved an individual's satisfaction with the job and the employer. Much of the effects are due to reduction not of working hours but of working days.

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A M-TYPE RISK MODEL WITH MARKOV-MODULATED PREMIUM RATE

  • Yu, Wen-Guang
    • Journal of applied mathematics & informatics
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    • v.27 no.5_6
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    • pp.1033-1047
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    • 2009
  • In this paper, we consider a m-type risk model with Markov-modulated premium rate. A integral equation for the conditional ruin probability is obtained. A recursive inequality for the ruin probability with the stationary initial distribution and the upper bound for the ruin probability with no initial reserve are given. A system of Laplace transforms of non-ruin probabilities, given the initial environment state, is established from a system of integro-differential equations. In the two-state model, explicit formulas for non-ruin probabilities are obtained when the initial reserve is zero or when both claim size distributions belong to the $K_n$-family, n $\in$ $N^+$ One example is given with claim sizes that have exponential distributions.

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Effects of Bank Macroeconomic Indicators on the Stability of the Financial System in Indonesia

  • VIPHINDRARTIN, Sebastiana;ARDHANARI, Margaretha;WILANTARI, Regina Niken;SOMAJI, Rafael Purtomo;ARIANTI, Selvi
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.647-654
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    • 2021
  • This study examines the non-performing loans of rural banks and macroeconomic factors in Indonesia, including inflation, exchange rates, and interest rates. Theoretically, the existence of erratic macroeconomic conditions can affect the level of non-performing credit risk in rural credit banks in Indonesia. The effect of macroeconomic conditions on non-performing loans has a different response for each economic sector. The main objective of this study is to determine the effect of macroeconomic factors (inflation, exchange rates, and interest rates) and bank-specific factors (credit) on the Non-Performing Loans (NPL) of Rural Banks in Indonesia for the period from January 2015 to December 2018. This study uses a Vector Error Correction Model (VECM) estimation to determine the effect of independent variables consisting of macroeconomic factors and bank-specific factors. Based on the estimation results of the Vector Error Correction Model, three variables that have a positive and significant effect on long-term non-performing loans are credit, inflation, and interest rates. Meanwhile, in the short term, there are only two variables that have a positive and significant effect on non-performing loans, namely, credit and interest rates. Inflation and exchange rate variables have a negative and insignificant effect on bad credit in the short term.

Economic Analysis of Snow Damage on Sugi (Cryptomeria japonica) Forest Stands in Japan Within the Forest Stand Optimization Framework

  • Yoshimoto, Atsushi;Kato, Akio;Yanagihara, Hirokazu
    • Journal of Forest and Environmental Science
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    • v.24 no.3
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    • pp.143-149
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    • 2008
  • We conduct economic analysis of the snow damage on sugi (Cryptomeria japonica) forest stands in Toyama Prefecture, Japan. We utilize a single tree and distant independent growth simulator called "Silv-Forest." With this growth simulator, we developed an optimization model by dynamic programming, called DP-Silv (Dynamic Programming Silv-Forest). The MS-PATH (multiple stage projection alternative technique) algorithm was embedded as a searching algorithm of dynamic programming. The height / DBH ratio was used to constrain the thinning regime for snow damage protection. The optimal rotation age turned out to be 65 years for the non-restricted case, while it was 50 years for the restricted case. The difference in NPV of these two cases as the induced costs ranged from 179,867 to 1,910,713yen/ha over the rotation age of 20 to 75 years. Under the optimal rotation of 65 years, the cost became 914,226 yen/ha. The estimated annual payment based on the difference in NPV, was from 9,869 yen/ha/yr to 85,900 yen/ha/yr. All in all, 10,000 yen/ha/yr to 20,000 yen/ha/yr seems to cover the payment from the rotation age of 35 to 75 years.

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The Economic Impact of Changing the Status of Korea to a Developed Country in WTO Negotiation (한국의 WTO 선진국 지위 전환에 따른 경제적 효과)

  • Song, Backhoon
    • Korea Trade Review
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    • v.44 no.5
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    • pp.29-43
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    • 2019
  • This study aims to estimate the economic effect of Korea's transition to a developed country in WTO negotiations. If Korea develops into an advanced country, it must give up many advantages in the agricultural sector. In particular, limiting the scope of sensitive items, giving up the selection of special items, and drastic tariff reductions are expected to have greater negative effects on the agricultural sector. According to research results, Korea's GDP rose slightly from 0.2 to 0.8 percent following the DDA settlement. Especially when China is classified as an advanced country along with Korea, Korea's GDP appears to be growing even more. On the other hand, damage is expected in most areas of agriculture. The trade deficit in the agriculture sector is expected to widen as output in the agricultural sector decreases, and import growth exceeds export growth. In the non-agricultural sector, there are no significant differences in the change in WTO status. However, if China is grouped together as an advanced country, the export growth rate of the Korean manufacturing industry appears greater.

Spatial Aggregation on the Main Producing Area of Nontimber Forest Products (단기소득 임산물의 주산지 집적도에 관한 연구)

  • Byun, Seung Yeon;KOO, Ja-Choon
    • Journal of Korean Society of Forest Science
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    • v.110 no.1
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    • pp.106-115
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    • 2021
  • The aim of the study was to analyze the spatial characteristics of the main producing areas of nontimber forest products. We analyzed the spatial aggregations of the main producing area and their changes using the Moran's I index. We found that 45% of nontimber forest products were significanty spatially clustered. Additionally, in five major products, we observed that the main producing area has expanded and the degree of aggregation has also strengthened over the last ten years. The results of this study can be effectively used for forest policies, such as determining the location and size of the distribution centers of specific forest products.

Study on Non-Marriage Types and Related Factors among Young Unmarried Adults: Focus on Socio-Demographic Characteristics and Family Value (성인남녀의 비혼유형에 영향을 미치는 요인: 사회인구학적 특징 및 가족가치관 요인을 중심으로)

  • Kang, Yoo Jean
    • The Korean Journal of Community Living Science
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    • v.28 no.2
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    • pp.241-256
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    • 2017
  • The purpose of this study was to determine what factors influence various non-marriage types by considering reasons why adults are not married. The roles of individual characters and family values affecting each type of non-marriage were carefully considered. From the data of 'the Survey on the National Fertility, Family Health and Welfare in Korea in 2015', 1,053 unmarried adults who were in their late 20s to middle 40s were selected. Results show that non-marriage types among unmarried adults were diverse. Depending on sex, the distribution of non-marriage types differed. While economic reasons were predominant among men, lack of opportunities for marriage was the main reason for most women who were not married. Findings also suggest that factors such as socio-demographic characters and family values were differentially associated with each non-marriage type. These findings indicate a great deal of diversity in needs, lifestyle, and life satisfaction among unmarried young adults. This suggests that an increase in the population of unmarried adults can be related to prospectively various marriage behaviors and family patterns in our society in the future, and consequently life patterns will be different among the adult generation.

Macroeconomic and Non-Macroeconomic Forces Effect on the Management Performance of the Air Transport Firms (거시경제 및 비 거시경제변수가 항공운송업의 경영성과에 미치는 영향)

  • Kim, Su-Jeong
    • The Journal of the Korea Contents Association
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    • v.13 no.3
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    • pp.352-361
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    • 2013
  • The purpose of this study is to analyse the impact of macroeconomic and non-macroeconomic forces on the management performance of the air transport firms and offer the useful information to the managers. To conduct the regression analysis, eight macroeconomic and non-macroeconomic variables were selected individually as an independent variable. Macroeconomic variables were the return of corporate bond, West Texas Intermediate, the unemployment rate, the money supply, the trade balance, the won to USD exchange rate, the consumer price index and the index of industrial production. And non-macroeconomic variables were Taiwan earthquake, the Asian economic crisis, the 911 terrorist attacks in the US, the Iraq war, Beijing Olympic, the outbreak of a swine flu epidemic, the 1st presidential election and the 2nd presidential election. And ROA was selected as a dependent variable. As the result of analysis, it was found that the changing rates of won to USD exchange rate and consumer price index affected the changing rate of ROA significantly. And also as the result of analysing the impact of two significant macroeconomic variables and eight non-macroeconomic variables on the changing rate of ROA, it was found that the Asian economic crisis and the outbreak of a swine flu epidemic had a negative impact on it. Therefore managers should take note of a change in macroeconomic and non-macroeconomic variables carefully to improve the management performance.