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The Impact of Access to Cooperatives on Households' Income: An Empirical Study in Vietnam

  • VUONG, Quoc Duy;TRAN, Viet Thanh Truc;DANG, Quang Vang;MAI, Van Nam
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.51-61
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    • 2021
  • If one is looking for an organization that will be responsive to community needs, stimulate economic growth, and raise people's income, cooperatives should be an obvious choice (Calkins & Ngo, 2005; Larocque et al., 2002). This paper investigates whether the households' income is affected by the access to cooperatives for the case of Phong Dien district, Can Tho city of Vietnam. Data used are directly collected from 250 households that are both participating (120 observations) and not participating in the cooperatives in Truong Long, Tan Thoi, Nhon Ai and Nhon Nghia communes. By using the Probit model, the findings show that there are three statistically significant factors affecting the ability of farm households to participate in the cooperatives at the 1 percent level including land area, distance to market center, and education level. In addition, the PSM model analysis suggests that the average income of cooperative members is significantly higher than that of non-members, about 40.880 million VND/year at the significance level of 1 percent. The empirical results imply that being a cooperative member is a significant contributory factor toward an increase in household income. Based on the research findings, several recommendations to improve the households' income are proposed.

Determinants of Sukuk Market Development: Macroeconomic Stability and Institutional Approach

  • BASYARIAH, Nuhbatul;KUSUMA, Hadri;QIZAM, Ibnu
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.201-211
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    • 2021
  • This study aims to analyze the determinants of macroeconomic and institutional stability on the development of the global sukuk market by controlling the effects of population. This study uses panel data namely GDP per-capita, exchange rate, and inflation as the proxies for macroeconomic stability sourced from the World Development Index, and six dimensions of Worldwide Governance Indicators (WGI) as institutional proxies sourced from WGI-World Bank. To make robust the relationship between macroeconomics and institutional on the global sukuk market, the population (POP) variable was included as a control variable. The development of sukuk uses a proxy for sukuk issuance in the International Islamic Financial Market, for the annual period from 2002-2017. The data was analyzed using the General Method of Moment, and the results show that by controlling the population effects that proved to be significant, GDP per-capita and the rule of law have a significant impact on the development of sukuk, especially when incorporating population effects as control variables, whereby further ascertaining the effect of each macroeconomic-stability variable and institutional stability on sukuk development, especially inflation, found not to affect sukuk development. These results also confirm the previous findings, whereby inflation remains controllable at a certain level for economic development.

Influence of Negative Factors of War: Economic, Legal, Regional and Environmental Aspects

  • Kopytko, Marta;Grabar, Nataliia;Storozhuk, Oksana;Borutska, Yuliia;Doroshenko, Tetiana
    • International Journal of Computer Science & Network Security
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    • v.22 no.6
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    • pp.13-18
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    • 2022
  • Mankind has been living in the third millennium of a new era for 15 years. Today he realized that he was on a tiny planet with not much space. The 20th century laid bare its global consequences in all its horror.. According to the Stockholm International Peace Research Institute, more than 30 armed conflicts are recorded on the planet every year, leading to the death of more than 1,000 people during the year. Over the past 15 years, the total number of deaths as a result of military actions in such conflicts has also increased: more than 17 thousand people - in 2002 to more than 22.5 thousand - in 2011. 2022, in turn, became the beginning of a new round of military history, bringing changes in the social, environmental, agro-industrial, economic and other spheres not only in Ukraine, but also in all countries of the civilized world. As a result of the study, the most significant impact of the negative factors of the war, namely the economic, legal, regional and environmental aspects, was identified and analyzed.

Comparative Study on the Weldability of Different Shipbuilding Steels

  • Laitinen, R.;Porter, D.;Dahmen, M.;Kaierle, S.;Poprawe, R.
    • International Journal of Korean Welding Society
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    • v.2 no.2
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    • pp.7-13
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    • 2002
  • A comparison of the welding performance of ship hull structural steels has been made. The weldability of steels especially designed for laser processing was compared to that of conventional hull and structural steels with plate thicknesses up to 12 mm. Autogenous laser beam welding was used to weld butt joints as well as skid and stake welded T-joints. The welds were assessed in accordance with the document "The Classification Societies" Requirements for Approval of $CO_2$ Laser Welding Procedures" Small imperfections in the weld only grew slightly in root bend tests and they only had a minor influence on the fatigue properties of laser fillet welded joints. In Charpy impact tests, the 27 J transition temperature of the weld metal and HAZ ranged from below -60 to $-50^{\circ}C$. The amount of martensite in the weld metal depended on the carbon equivalent of the steel with the highest amounts and highest hardness levels in conventional EH 36 (389 HV 5). Thermomechanically rolled steels contained less martensite and showed a correspondingly lower maximum hardness.ximum hardness.

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Sixty-year History of the Korean Meteorological Society (한국기상학회 60년사)

  • Tae-Young Lee;Myoung-Seok Suh
    • Atmosphere
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    • v.33 no.2
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    • pp.247-263
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    • 2023
  • A brief history of the Korean Meteorological Society (KMS) is presented for the 60-year period (1963~2022). And academic activities during the period are examined to evaluate their contributions to the achievement of the KMS's goal, that is, the advance of meteorology and circulation of meteorological knowledge. Membership of the KMS was less than 300 before 1990, but increased fast afterwards, exceeding 1000, 2000 and 3000 in 2002, 2014 and 2019, respectively. After 1990, 11 professional committees were set up gradually and played important roles in the advances of professional fields. Size of the KMS budget grew gradually in the 1990s and faster during the 2000s, showing fluctuations in the 2010s. The KMS has been quite active in academic activities such as academic journals, domestic and international conferences, and book publishing. The Journal of the KMS (JKMS) has led the advance of meteorology in Korea since the beginning of the KMS, while "Asia-Pacific Journal of Atmospheric Sciences", which succeeded the JKMS in 2008, has been showing significant paper contributions from scientists around the world and increase of impact factor. Total number of presentations in the regular KMS conferences for the 2010s is 5 times larger than that for the 1990s, with a significant diversification of subject area. Internationally, the trilateral conference of the meteorological societies of Korea, China and Japan had been held since 2005. In 2015, the 3 societies stopped the conference and, instead, launched "Asian Conference on Meteorology". Meanwhile, the KMS has published glossaries, dictionaries, and textbooks of atmospheric sciences.

COMPARATIVE STUDY ON THE WELDABILITY OF DIFFERENT SHIPBUILDING STEELS

  • Laitinen, R.;Porter, D.;Dahmen, M.;Kaierle, S.;Poprawe, R.
    • Proceedings of the KWS Conference
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    • 2002.10a
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    • pp.222-228
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    • 2002
  • A comparison of the welding performance of ship hull structural steels has been made. The weldability of steels especially designed for laser processing was compared to that of conventional hull and structural steels with plate thicknesses up to 12 mm. Autogenous laser beam welding was used to weld butt joints as well as skid and stake welded T-joints. The welds were assessed in accordance with the document "The Classification Societies′ Requirements for Approval of $CO_2$ Laser Welding Procedures". Small imperfections in the weld only grew slightly in root bend tests and they only had a minor influence on the fatigue properties of laser fillet welded joints. In Charpy impact tests, the 27 J transition temperature of the weld metal and HAZ ranged from below -60 to -5$0^{\circ}C$. The amount of martensite in the weld metal depended on the carbon equivalent of the steel with the highest amounts and highest hardness levels in conventional EH 36 (389 HV 5). Thermomechanically rolled steels contained less martensite and showed a correspondingly lower maximum hardness.

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Artificial Neural Network Analysis for Prediction of Community Care Design Research in Spatial and Environmental Areas in Korea

  • Yumi, Jang;Jiyoung An;Jinkyung Paik
    • International Journal of Advanced Culture Technology
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    • v.11 no.2
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    • pp.249-255
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    • 2023
  • This study aims to empirically confirm the effect and impact of community care design research centered on domestic space and environment on health promotion, diagnosis treatment, disease management, rehabilitation, and mitigation through the year of publication and perspective. To this end, based on 1,227 space and environment design studies from 2,144 community care design research data conducted for about 20 years from 2002 to 2022, when care services began in earnest through the long-term care system for the elderly, SPSS 26.0 was used to create a 'Multi-layer Perceptron' artificial neural network structure model was predicted and neural network analysis was performed. Research Results First, as a result of checking studies in each field of health care by year, there is a significant difference with the number of studies related to health promotion being the highest. Second, the five perspectives are region, time, dimension, function, and content perspective. As a result of inputting these variables as independent variables and analyzing their importance in the artificial neural network, the function perspective had the most influence, followed by the region > content > dimension > time perspective.

A Future Economic Model: A Study of the Impact of Food Processing Industry, Manufacturers and Distributors in a Thai Context

  • Maliwan SARAPAB;Duangrat TANDAMRONG
    • Journal of Distribution Science
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    • v.21 no.7
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    • pp.65-71
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    • 2023
  • Purpose: This study attempted to analyze the impacts of the backward linkage and output multipliers, and investigate the price fluctuation and the price forecast amongst the manufacturing sectors associated with food processing industrial output of Thailand. Research design, data and methodology: The Thailand Input-Output table with a size of 180 x 180 sectors from 2005, 2010, and 2015 was utilized while the secondary data of the time series from January 2002 to December 2021 were processed via a multiplicative model and Box-Jenkins model. Results: The backward linkage analysis indicates that canning and preserving of the meat sector majorly utilized the factors of production from the slaughtering sector; canning and preservation of fish and other seafoods sector largely used those factors from the ocean and coastal fishing sector; and the sugar sector used those of the sugarcane sector. Notably, the output multiplier analysis indicated that output multipliers of those 3 manufacturing sectors were highly increased; meanwhile the price fluctuation continually existed in all forms. Besides, the price forecast suggested that prices of chicken and sugarcane tended to be higher; whereas, the price of shrimp was unstable. Conclusions: Food processing industry contains the favorable components to be one of the industries of the future of Thailand.

Chemical Composition and Features of Asian Dust Observed in Korea (2000~2002) (2000~2002년 우리나라에서 관측된 황사의 화학 조성 및 특성)

  • Shin S.A;Han J.S;Hong Y.D;Ahn J.Y;Moon K.J;Lee S.J;Kim S.D
    • Journal of Korean Society for Atmospheric Environment
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    • v.21 no.1
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    • pp.119-129
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    • 2005
  • The ambient TSP data measured at Seoul, Incheon. Taean, Daegu, Busan in Korea were used to explain the chemical composition and general features of Asian Dust (AD) observed in Korea. 9 episodes out of 19 were sampled from 2000 through May 2002, and measurements were conducted covering ionic and metal components with mass concentration. The results showed that daily averaged mass concentration (TSP) during the AD episodes was 458 $\mu\textrm{g}$/㎥, and ionic and metal concentrations were 27.93 $\mu\textrm{g}$/㎥ and 71.7 $\mu\textrm{g}$/㎥, respectively, accounting for 6.1 % and 15.5% of the total aerosol mass. TSP concentrations during episodes were varied from 120 to 1742 $\mu\textrm{g}$/㎥ according to the impact of Asian Dusts and had a tendency of showing higher values at sites in the west side of Korea, which can be explained by the effect of diffusion and deposition. In this study, ionic components like Ca (NO$_3$)$_2$, CaSO$_4$, NaNO$_3$, Na$_2$SO$_4$ were prominent types in secondary aerosol during AD periods and also indicated that V, Co as well as soil elements such as Ca, Fe, Mg, Mn, K correlated well with Al, while Cu, Cd, Pb, Zn didn't agree well with it. In addition, enrichment factors (EFs) for each metal component were obtained to provide simple information about source contribution of Asian Dust, and the results were compared with those from other AD studies. In this study, the results showed that aerosol properties in Korea during the Asian Dust were considerably different from those of general atmospheric condition and specially varied from case to case rather than site to site, which implies that there are certain variations in the soil of source region, pathways of air mass, and meteorological condition. For the enhanced study, those factors should be combined with the features of Asian Dust resolved from this study.

The Impact of BIS Regulation on Bank Behavior in Asset Management (신 BIS 자기자본규제가 은행자산운용행태에 미치는 영향)

  • Oh, Hyun-Tak;Choi, Seok-Gyu
    • The Korean Journal of Financial Management
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    • v.26 no.3
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    • pp.171-198
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    • 2009
  • The primary purpose of this study is to examine the impact of new BIS regulation, which is the preparations to incorporate not only credit risk but also market and operation risk, on the bank behaviors. As methodology, SUR(seemingly unrelated regression) and pool unit test are used in the empirical analysis of banks survived in Korea. It is employed that quarterly data of BIS capital ratio, ratio of standard and below loans to total loans, ratio of liquid assets to liquid liabilities, allowances for credit losses, real GDP, yields of corporate bonds(3years, AA) covering the period of 2000Q1~2009Q1. As a result, it could be indicated that effectiveness and promoting improvements of BIS capital regulation policy as follows; First, it is explicitly seen that weight of lending had decreased and specific gravity of international investment had increased until before BIS regulation is built up a step for revised agreement in late 2001. Second, after more strengthening of BIS standard in late 2002, banks had a tendency to decrease the adjustment of assets weighted risk through issuing of national loan that is comparatively low profitability. Also, it is implicitly sought that BIS regulation is a bit of a factor to bring about credit crunch and then has become a bit of a factor of economic stagnation. Third, as the BIS regulation became hard, it let have a effort to raise the soundness of a credit loan because of selecting good debtor based on its credit ratings. Fourth, it should be arranged that the market disciplines, the effective superintendence system and the sound environment to be able to raise enormous bank capital easily, against the credit stringency and reinforce the soundness of banks etc. in Korea capital market.

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