• Title/Summary/Keyword: Economy of Scale

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A Study on the Relationship between Clothing Selection Behavior and Personal variables of Adult Women (성인여성의 의복선택행동과 관련변인연구 -자아개념을 중심으로-)

  • Kim So-Yeun;Cho Phil-Gyo
    • Journal of the Korean Society of Clothing and Textiles
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    • v.12 no.2 s.27
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    • pp.159-167
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    • 1988
  • The purpose of this study was to investigate the relationship between Self-concept, Personal variables and Clothing selection behavior. Self-concept was measured with Choi Jung Hun's 'Perceptual Orientation Scale' and Clothing selection behavior scale was prepared for this study. The questionnaire were completed by 389 women in Taegu. Statistical analysis was performed using F-test, Scheffe's test. The results were as follows; 1. There was significant relationship between Self-concept and Clothing selection behavior. (individuality, conformity, economy, modesty). 2. There was significant difference in clothing selection behavior variables according to age. 3. There was significant difference in individuality and economy according to marital status. 4. There was significant difference in individuality, economy and modesty according to education level. 5. There was significant difference in clothing selection behavior variables according to monthly clothing expenses.

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Analysis on the Increasing Marginal Revenue of the Network Economy

  • Yang, Jian
    • The Journal of Economics, Marketing and Management
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    • v.6 no.3
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    • pp.10-13
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    • 2018
  • Purpose - On the basis of discussing the network economy concept and the commentary of the marginal revenue decreasing of traditional economic theory, The concept of network economy has just been put forward in recent years. The reason why such a concept appears is that the information technology, marked by computer network, plays an increasingly important role in economic activities. Some people define network economy as an economic form based on network technology and human capital. this paper points out network economy existing the marginal revenue increasing and analyzes the reasons that influencing the marginal revenue increasing. Research design, data, methodology - The network economy has fundamentally changed the traditional economic laws. The economic basis of industrial society is the law of incremental marginal cost, which reflects the socialization of high cost in industrial society. Results - As the number of network members increases, the value of the network increases explosively, and the value increases attract more members to join, resulting in more returns. Conclusion - In conclusion, network economy has changed many aspects of traditional economy, resulting in decreasing marginal cost, decreasing transaction cost in and out of enterprise organizations, and making the effect of increasing scale compensation more prominent. This is of great significance to the information construction in China.

Analysis of the Economy of Scale for Domestic Steam Methane Reforming Hydrogen Refueling Stations Utilizing the Scale Factor (Scale Factor를 이용한 국내 천연가스 개질식 수소충전소의 규모의 경제 분석)

  • GIM, BONGJIN;YOON, WANG LAI;SEO, DONG JOO
    • Transactions of the Korean hydrogen and new energy society
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    • v.30 no.3
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    • pp.251-259
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    • 2019
  • The aim of this study is to evaluate the economic feasibility of domestic on-site steam methane reforming (SMR) hydrogen refueling stations. We evaluated the levelized cost of hydrogen (LCOH) for the SMR hydrogen refueling stations, which have production capacities of 100 kg/day (SMR 100), 200 kg/day (SMR 200), and 500 kg/day (SMR 500) utilizing the scale factor. The main results indicated that the LCOH of SMR 100, SMR 200, and SMR 500 were 14,367 won/kg, 11,122 won/kg, and 8,157 won/kg, if the utilizations of hydrogen stations were 70%. These results imply that the production capacity of the domestic SMR hydrogen station should be greater than 500 kg/day to compete with other hydrogen stations when we consider the current sale price of hydrogen at the hydrogen stations.

Exploring Factors Affecting the Digitization of Blue Economy Micro- Small and Medium Enterprises (MSMEs): Indonesian Context

  • SIHOMBING, Sabrina O.;LAYMAN, Chrisanty V.;HANDOKO, Liza
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.10
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    • pp.129-135
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    • 2022
  • This study aims to identify the factors supporting and inhibiting the digitalization of blue economy MSMEs in Bitung, Indonesia. The literature shows little research on digitalization related to the blue economy in Southeast Asia, especially in Indonesia. This indicates that there is a large research gap related to digitalization and the blue economy in the Indonesian context. Data was collected through the distribution of questionnaires with open-ended questions to blue economy MSMEs. Data was also obtained from in-depth interviews with representatives of Aruna, an Indonesian company that focuses on simplifying the supply chain of fishery products by connecting small-scale fishers to the global market through technology. According to the study's findings, two primary factors-motivation to develop their business and efforts to maintain seller-buyer interaction-support SMEs' use of technology in the blue economy. However, digital literacy and technological infrastructure, such as the internet network, are the two main factors that become obstacles in the effort to digitize MSMEs in the blue economy. The role of the government is also a contingent factor that can strengthen the relationship between factors that support digitization and weaken the relationship between factors that hinder digitalization.

A Study on the Productivity Analysis and Restructuring of Information Technology Industry Using DEA/WINDOW (DEA/WINDOW 기법을 이용한 정보기술산업의 경영 효율성과 규모 경제성 평가에 관한 연구)

  • Lee, Dae-Yong;Lee, Cheong-Ho
    • Asia pacific journal of information systems
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    • v.10 no.3
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    • pp.17-40
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    • 2000
  • This study aims at proposing a direction of improving the efficiency in Korean information technology(IT) industry. In the face of re-engineering which has been done in most industries, it is very important to assess the validity of their restructuring or M&A based on the future efficiency. At first, by using the DEA/WINDOW, we will evaluate how the 30 firms are efficient for outputting their performance with respect to the profit realization and market ability. Then, in order to propose the direction of the efficiency improvement and suitable restructuring strategy, we will clarify how the efficiency of IT firms depends on their firm size. Finally, we will analyze their 'economy of scale' and also reveal how their economy of scale depends on the firm size based on return-to-scale(RTS).

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Gaza Seaport as a Way to Enhance the Palestinian Economic Development

  • Hassouna Abdallah;Nam Ki-Chan
    • Journal of Navigation and Port Research
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    • v.29 no.9
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    • pp.813-819
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    • 2005
  • The purpose of this paper is to present some main economic factors which influence Gaza Seaport. Without direct access to the international market, the Palestinian economy will continue its dependence on Israeli economy mainly in employment, transport facilitation, and international trade. The greatest potential for Palestinian economic growth lies in trade. The port is important for creating new job opportunities, and for enhancing exporting capabilities, which are the most essential elements for development of the Palestinian economy. Israeli policies and procedures incur Palestinian exporters additional transportation costs when delivering their products to Israeli Ports or when transit these products to neighboring countries through Israeli controlled area. The public profit for the port is greater than the private profit. Therefore, constructing the port will have a great effect on the Palestinian economy. There are many challenges facing the port, some of them are the political stability, the economies of scale, and Israeli security measures and procedures.

A Study on an Estimation of Optimum Rice Farm Size (수작농가(水稻作農家)의 적정영농규모계측(適正營農規模計測)에 관(關)한 연구(硏究) -강원도 철원군 평야지역 농가를 중심으로-)

  • Kim, Jong-Pil;Lim, Jae-Hwan
    • Korean Journal of Agricultural Science
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    • v.32 no.1
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    • pp.81-94
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    • 2005
  • This study is aimed at giving the basic information for individual farm households to make decisions for optimizing their farm sizes and for the government to implement farm size optimization policies through the identification of combinations among rice production factors in plain areas like Cheolwon district and the suggestion of the optimal farm sizes of individual farmers based on the scale of economy calculated. The data of agricultural production costs of 50 rice farmers in the plain area which is located in Dongsong-eup Cholwon district, Kangwon province were used in the analysis. The 'translog' cost function among various methods which is a flexible function type was adopted to calculate the scale of economy in rice production. Seemingly unrelated regression(SUR) method was used in forecasting functions and processing other statistics by SHAZAM which is one of the computer aid program for quantitative econometric analysis. In conclusion, the long-run average cost(LAC) curve showed 'U-shape' which was different from 'L-type' one which was shown in the previous studies by others. The lowest point of the LAC was 9.764ha and the concerned production cost amounted to 633 Won/kg. Based on these results, it have to be suggested that around 10 ha of paddy is the target size for policy assistances to save costs under the present level of farming practices and technology. The above results show that the rice production costs could be saved up to 10ha in Cheolwon plain area which is a typical paddy field. However, land use, land condition, land ownership and manager's ability which may affect scale of economy should be considered. Furthermore, reasonable management will have to be realized by means of labor saving technology and cost saving management skill like enlargement of farm size of rice.

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Features of the Socio-Economic Development of the Countries of the World under the influence of the Digital Economy and COVID-19

  • Kryshtanovych, Svitlana;Prosovych, Olha;Panas, Yaroslav;Trushkina, Nataliia;Omelchenko, Vladyslav
    • International Journal of Computer Science & Network Security
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    • v.22 no.2
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    • pp.9-14
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    • 2022
  • The main purpose of the study is to determine the main features of the socio-economic development of the countries of the world under the influence of the digital economy and COVID-19. The modern world has already taken the first step towards a fundamentally new technological, economic and social reality. However, the challenges facing the modern industrial society cannot be overestimated. We are talking about changing the global socio-technological order, the consequence of which is a complete reformatting of the systems familiar to us, the formation of new social and economic strategies. the technological paradigm is immediately changing, management models and social norms are changing, large-scale demographic shifts are taking place. As a result of the study, key aspects of socio-economic development in the digital economy were identified.

An Analysis of the R&D Investment Efficiency in Power Industry (전력산업의 연구개발투자 효율성 분석)

  • 강희정;조용현;최기련
    • Journal of Energy Engineering
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    • v.6 no.2
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    • pp.145-151
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    • 1997
  • The R&D investment of power industry has significant influences on the social welfare as well as national economy. It is necessary to analyze how efficient the R&D investment has been performed. The objective of this study is to verify the efficiency of the R&D investment in the domestic power industry. A formula was introduced to by calculate the appropriate amount of R&D investment of monopolistic industry under the regulations which are determined by the proportion of R&D elasticity and price elasticity. It has resulted that there would be no economy of scale as the sales of electricity increases at the same rate of the increasing cost. The R&D investment in the present electricity industry has been performed inefficiently by showing the negative impact on price-cost margin of the intensity of R&D investment, which is the extent of R&D investment to reinforce economy of scale.

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A Study on the Minimun Farm Size of the Greenhouse Vegetable Cooperatives (완전협업을 위한 시설채소 영농조합의 최저규모)

  • Lee, Doo-Hei;Kim, Jai-Hong;Lee, Kwang-Won
    • Korean Journal of Agricultural Science
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    • v.25 no.2
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    • pp.343-350
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    • 1998
  • This paper is aims at identifying the minimum farm size of the greenhouse vegetable cooperatives. Farm cooperative is one of the institutional measurments for the seeking of economy of scale which could not be found in family farm. In this paper 5 cooperatives and 5 farmhouseholds which have been managed vegetable greenhouse were surveyed. The results are as follows; First, cooperatives had 29.3% less on the fixed costs, and received 43% more on prices than general vegetable farmhouseholds. This means that the cooperatives have economy of scale. Second, to establish full organized coopratives, cooperative sizes must be more than 4,582 pyung, considering the government target which will be loaned 80% goverment loan of total facility costs with no subsidy.

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