• Title/Summary/Keyword: demand rates

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A Study on Keynese's Employment and Price Theory (케인즈의 고용 . 물가이론소고)

  • 박일근
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.8 no.12
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    • pp.65-77
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    • 1985
  • The mainpoints of General Theory is 1) the mainspring of economic activity is effective demand which can expand or control in relation to supply as a result of spontaneous decision by customer or government. 2) change in effective demand Produce change in output and employment in the same direction 3) which given productivity of labour the Vice level depend on the money supply affect the in downward direction 4) change in the money supply affect the economy through the rates of interest 5) the only automatic mechanism through which the economy can adjust itself to a deficiency of effective demand is the long process which unemployment reduces wage rates and consequently the demand for money and interest rates, above summarized contents are General Theory frame-work. The neo-classical macro general equilibrium theory, which has been reconstructed subsequent to Keyneses critism is treated the neo-classical macro-general equilibrium theory which inherits the classical theories of labour market and the aggregate production function, on demand side, it introduce the Keyneses macro-general equilibrium theory, which function through flexible movement of prices, wage and interest. Nowadays, Keynes General Theory is being developed into new dimension i, e. the macro-disequilibrium theory, and adequacy, and appropriateness of the theory and its significant contributions to modern economics are being reinterpreted and substantiated.

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Macroeconomic Environments and Demand for Retail Space in Shopping Centres in Malaysia

  • ZAKARIA, Zukarnain;ISMAIL, Mohd Roslan;ARUMUGAM, Vijayesvaran
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.10
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    • pp.297-303
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    • 2021
  • The performance of the retail industry in a country, which simultaneously reflects the demand for retail space, is significantly influenced by the macroeconomic environment of said country. However, in the case of Malaysia, studies regarding this issue are limited. Therefore, this paper aims to identify the macroeconomic determinants of the demand for retail space in shopping centers in Malaysia through the study of six variables: per capita income, private expenditure, inflation rate, interest rate, total population, and the number of tourists arrival. The nexus between these variables and the demand for retail space in shopping centers were examined by cointegration and causality tests, and regression analysis using quarterly data for the period 1993Q1 to 2016Q4. The results from bivariate cointegration tests indicate that inflation rate, interest rates, population size, and the number of tourists arrival have significant long-run relationships with the demand for retail space of Malaysian shopping centers. Meanwhile, the Granger causality tests show that only population size can cause the demand for shopping centers' retail space. Finally, the results from the regression analysis revealed that income per capita, private expenditure, interest rates, and population are the variables that significantly influence the demand for the retail space of the Malaysian shopping centers.

Hydraulic Analysis and Sizing of Inlet-Pipe Diameter for the Water Distribution Network (상수급수관 인입관경 제안 및 수리해석)

  • Shin, Sung-kyo;Kim, Eun-ju;Choi, Si-Hwan
    • Journal of Environmental Science International
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    • v.31 no.1
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    • pp.33-42
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    • 2022
  • The objective of this study is to determine the appropriate size of the inlet pipe diameter and thereby conduct hydraulic analysis for the Korean water distribution network. To this end, the data tables for equivalent pipe diameters and outflow rates presently employed in Korea were adopted. By incorporating the table of equivalent pipe diameters, it was found that the size of the inlet pipe diameter was overestimated, which can cause shortage of water pressure and malfunctioning or insufficiency of outflow rate in the corresponding adjacent region. However, by conducting hydraulic analysis based on the table of outflow rates, relatively reasonable flow rates were observed. Furthermore, by comparing the real demand-driven analysis (RDDA) approach and demand-driven analysis (DDA) approach toward managing the huge water demand, it was observed that DDA could not effectively respond to real hourly usage conditions, whereas RDDA (which reflects the hourly effects of inlet pipe diameter and storage tanks) demonstrated results similar to that of real water supply.

Experimenting biochemical oxygen demand decay rates of Malaysian river water in a laboratory flume

  • Nuruzzaman, Md.;Al-Mamun, Abdullah;Salleh, Md. Noor Bin
    • Environmental Engineering Research
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    • v.23 no.1
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    • pp.99-106
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    • 2018
  • Lack of information on the Biochemical Oxygen Demand (BOD) decay rates of river water under the tropical environment has triggered this study with an aim to fill the gap. Raw sewage, treated sewage, river water and tap water were mixed in different proportions to represent river water receiving varying amounts and types of wastewater and fed in a laboratory flume in batch mode. Water samples were recirculated in the flume for 30 h and BOD and Carbonaceous BOD (CBOD) concentrations were measured at least six times. Decay rates were obtained by fitting the measured data in the first order kinetic equation. After conducting 12 experiments, the range of BOD and CBOD decay rates were found to be 0.191 to 0.92 per day and 0.107 to 0.875 per day, respectively. Median decay rates were 0.344 and 0.258 per day for BOD and CBOD, respectively, which are slightly higher than the reported values in literatures. A relationship between CBOD decay rate and BOD decay rate is proposed as $k_{CBOD}=0.8642_{k_{BOD}}-0.0349$ where, $k_{CBOD}$ is CBOD decay rate and $k_{BOD}$ is BOD decay rate. The equation can be useful to extrapolate either of the decay rates when any of the rates is unknown.

Simulating Daily Inflow and Release Rates for Irrigation Reservoirs(II) -Modeling Reservoir Release Rates- (관개용 저수지의 일별 유입량과 방류량의 모의 발생(II) -저수지 통관 방류량의 추정-)

  • 김현영;박승우
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.30 no.2
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    • pp.95-104
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    • 1988
  • This study refers to the development of a hydrologic model simulating daily inflow and release rates for inigation reservoirs. A daily - based model is needed for adequate operation of an irrigation reservoir sufficing the water demand for paddy fields which is closely related to meteorological conditions. And the objective of this study is to develop a reservoir release rate model and then to calibrata the parameters. The release rates model considers daily water demands , water supply for transplanting, minmum release for maintaining canal flow, and maxirnun and regular flooding depth for determining effective rainfall on paddy fields. Each of the factors in the model was regarded as a lumped pararuter representing the average condition of a whole irrigated area. The water demand was estimated form the potential evapotranspiration by Penman method, the effective rainfall, and the infiltration on paddy fields. The release model was found to be capable of adequately simulating daily reservoir releases based on meteorological data.

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The Prediction and Operation of Residental Water Demand in Large Distribution System (광역상수도 시스템의 용수 수요량 예측 및 운용)

  • Han, Tae-Hwan;Nahm, Eui-Suck
    • Proceedings of the KIEE Conference
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    • 1999.07b
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    • pp.646-648
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    • 1999
  • Kalman Filter model of demand for residental water and consumption pattern were tested for their ability to explain the hourly residental demand for water in metropolitan distribution system. The hourly residental demand for water is calculated from the daily residental demand and consumption pattern. The consumption pattern which has 24 time rates is characterized by data granulization in accordance with season kind, weather and holiday. The proposed approach is applied to water distribution system of metropolitan areas in Korea and its effectiveness is checked.

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Demand analysis for the domestic satellite broadcasting service using the competitive diffusion model (경쟁적 확산모형을 이용한 국내 위성방송서비스 수요분석)

  • 장근녕
    • Korean Management Science Review
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    • v.12 no.3
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    • pp.163-175
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    • 1995
  • The future demand of the satellite broadcasting service is analyzed through the competitive diffusion model. Diffusion rates of the satellite broadcasting service in the case that the decreasing effect due to the cable TV service is considered are smaller than those in the independent case. Diffusion rates of the satellite broadcasting service are shown to become different according to environmental conditions.

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A Performance Evaluation of Multimedia-on-demand Server Using Simulation Method (시뮬레이션 기법을 이용한 주문형 멀티미디어 서버의 성능 평가)

  • 박기진
    • Journal of the Korea Society for Simulation
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    • v.7 no.2
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    • pp.33-43
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    • 1998
  • To evaluate the server performance and forecast capacity requirements, we carry out simulation of Multimedia-on-demand(MOD) server. In multimedia service environment, especially for on-demand service, one of the key problems is capacity planning, which requires ensuring that adequate computer resources will be available to meet the future workload demands in a cost-effective manner. In this paper, we design and implement a simulation model for MOD server with failures of components (e.g., processors, disks and networks). By acquisition of utilization and queue length parameters, we can estimate desirable capacity of server components with various arrival rates of customers and failure rates of components. For a given failure probability, we also compute packet delay probability and reliability of the server. It is possible to derive some important design information of the MOD server by using the above parameters.

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Issues in S&T Human Resources Development in Korea

  • 고상원
    • Journal of Technology Innovation
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    • v.4 no.1
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    • pp.185-207
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    • 1996
  • It is frequently pointed out that the Korean economy, with its scarce natural resources, would never have been able to achieve current levels of economic development without the massive provision of well-educated, hardworking human resources. Throughout the industrialization process ,full-fledged deployment and mobilization of qualified human resources have been the foundation to industrial policy and S&T policy. This paper describes the development of S&T human resources in Korea using various statistics including educational enrollment rates, unemployment rates, the allocation of researchers and R&D expenditures among sectors of performance, educational composition of employment within and across industries, technical human resource shortage rates, relative wage levels of SMEs, and composition of labor force by age-group and gender. While analyzing S&T human resources development, this paper discusses issues such as the mismatched demand and supply of skill and knowledge levels of the highly educated, the unbalanced distribution of S&T human resources between sectors, and the low utilization of the female and aged labor force. This paper suggests that the policy maker applies a hybrid of quantitative and qualitative policies to reduce the mismatches of supply and demand of skill and knowledge levels for each labor market categorized according to supply side.

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Improvement of the Load Forecasting Accuracy by Reflecting the Operation Rates of Industries on the Consecutive Holidays (특수일 조업률 반영을 통한 전력수요예측 정확도 향상)

  • Lim, Nam-Sik;Lee, Sang-Joong
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.7
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    • pp.1115-1120
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    • 2016
  • This paper presents the daily load forecasting for special days considering the rate of operation of industrial consumers. The authors analyzed the power consumption pattern for both the special and ordinary days according to the contract power classification of industrial consumers, and selected 400~600 specific consumers for which the rates of operation during special days are needed. Load forecasting for 2014 special days considering the rate of operation of industrial consumers showed a noticeable improvement on forecasting error of daily peak demand, which proved the effectiveness of the survey for the rates of operation during special days of industrial consumers.