• 제목/요약/키워드: mathematics for economics

검색결과 144건 처리시간 0.028초

An Analysis of Factors Impacting Vietnam's Coffee Exports: An Approach from the Gravity Model

  • PHUNG, Quang Duy;NGUYEN, Tai Cong
    • The Journal of Asian Finance, Economics and Business
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    • 제9권8호
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    • pp.1-6
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    • 2022
  • This paper uses the gravity model estimated by the random effect method to analyze the factors affecting Vietnam's coffee export turnover for the period 2007-2020 major markets according to statistics from the General Statistics Office and the General Department of Customs. Coffee export turnover was collected from the General Statistics Office, General Department of Customs, and Vietnam Cacao Coffee Association. The authors calculated the price of coffee based on output and export value from data on coffee export turnover; the authors calculated the economic gap based on population and Gross Domestic Product data (reference: geographic distance metrics on the website: http://www.distancefromto.net/countries.php) and other data was collected based on the databases of the Food and Agriculture Organization of the United Nations, the International Monetary Fund, and World Bank organizations. The results of the study show that from 2007 to 2020, the factors of Vietnam's export price of coffee, geographical distance, Gross Domestic Product of the importing country and Gross Domestic Product of Vietnam, the population of Vietnam, the economic gap between Vietnam and the importing country, the openness of the economy, all have an impact on Vietnam's coffee export turnover. Finally, some conclusions about the policy's impact are made based on the empirical results of the paper.

생태계 복원사업의 생태.경제 통합체계 동태분석(II) -임진강 참게 복원사업의 확장모형- (An Integrated Ecological-Economic System Dynamics Model Analysis on the Ecosystem Restoration Policy (II): Extensions and Relaxations of the Model of King Crabs in the Imjin River, Korea)

  • 정회성;전대욱
    • 한국시스템다이내믹스연구
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    • 제7권2호
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    • pp.97-120
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    • 2006
  • This paper deals with the extension of and discussion on the System Dynamics model (Jeong & Jeon, 2005) of river crabs in Korea. The previous model has been elaborated to empirically search for the optimal restoration and harvest rates of crabs in the Imjin River, on the basis of theoretical models of population dynamics in the field of bio-mathematics and environmental economics. In this paper, the authors tries to couple a series of new feedback loops related to density restrictions and cannibalistic behaviors with a stage-structured model of the crab ecosystem, and also to endogenize the parameter of baby crabs' survival that is caused by water quality improvement and income increase. Through these extensions and relaxations, the authors are able to argue about the strategic decision of the optimal rates additional considerations as well as the properties of the integrated system that was not covered in the previous paper.

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Reexamination of Estimating Beta Coecient as a Risk Measure in CAPM

  • Phuoc, Le Tan;Kim, Kee S.;Su, Yingcai
    • The Journal of Asian Finance, Economics and Business
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    • 제5권1호
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    • pp.11-16
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    • 2018
  • This research examines the alternative ways of estimating the coefficient of non-diversifiable risk, namely beta coefficient, in Capital Asset Pricing Model (CAPM) introduced by Sharpe (1964) that is an essential element of assessing the value of diverse assets. The non-parametric methods used in this research are the robust Least Trimmed Square (LTS) and Maximum likelihood type of M-estimator (MM-estimator). The Jackknife, the resampling technique, is also employed to validate the results. According to finance literature and common practices, these coecients have often been estimated using Ordinary Least Square (LS) regression method and monthly return data set. The empirical results of this research pointed out that the robust Least Trimmed Square (LTS) and Maximum likelihood type of M-estimator (MM-estimator) performed much better than Ordinary Least Square (LS) in terms of eciency for large-cap stocks trading actively in the United States markets. Interestingly, the empirical results also showed that daily return data would give more accurate estimation than monthly return data in both Ordinary Least Square (LS) and robust Least Trimmed Square (LTS) and Maximum likelihood type of M-estimator (MM-estimator) regressions.

Optimum Risk-Adjusted Islamic Stock Portfolio Using the Quadratic Programming Model: An Empirical Study in Indonesia

  • MUSSAFI, Noor Saif Muhammad;ISMAIL, Zuhaimy
    • The Journal of Asian Finance, Economics and Business
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    • 제8권5호
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    • pp.839-850
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    • 2021
  • Risk-adjusted return is believed to be one of the optimal parameters to determine an optimum portfolio. A risk-adjusted return is a calculation of the profit or potential profit from an investment that takes into account the degree of risk that must be accepted to achieve it. This paper presents a new procedure in portfolio selection and utilizes these results to optimize the risk level of risk-adjusted Islamic stock portfolios. It deals with the weekly close price of active issuers listed on Jakarta Islamic Index Indonesia for a certain time interval. Overall, this paper highlights portfolio selection, which includes determining the number of stocks, grouping the issuers via technical analysis, and selecting the best risk-adjusted return of portfolios. The nominated portfolio is modeled using Quadratic Programming (QP). The result of this study shows that the portfolio built using the lowest Value at Risk (VaR) outperforms the market proxy on a risk-adjusted basis of M-squared and was chosen as the best portfolio that can be optimized using QP with a minimum risk of 2.86%. The portfolio with the lowest beta, on the other hand, will produce a minimum risk that is nearly 60% lower than the optimal risk-adjusted return portfolio. The results of QP are well verified by a heuristic optimizer of fmincon.

Effects of Gratitude and Anticipation on Satisfaction: A Case Study in Indonesia

  • NOEGROHO, Gatoet Gembiro;SUHARYONO, Suharyono;SOLIMUN, Solimun;YULIANTO, Edy
    • The Journal of Asian Finance, Economics and Business
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    • 제8권2호
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    • pp.1215-1224
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    • 2021
  • This research aims to discuss the relationship between the courage, anticipation, and satisfaction comprehensively. This study will be complemented by gratitude as a variable that moderates the relationship between courage and anticipation, as well as the relationship between the courage and satisfaction. The large area as survey location is the reason for sampling conducted in 2 stages: (1) taking 15 districts through judgement sampling, (2) allocated sub-districts sample through proportional random sampling. The sample used in this study were 155 sub-districts in East Java. Respondents in each sub-district consisted of 1 farmer and 1 field extension officer to get a total of 310 respondents. The analysis method used to test the hypothesis was Structural Equation Modeling (SEM). The findings of this research are: (1) The courage of field extension officers' have a positive but non-significant direct effect on farmers' anticipation, however, the effect significantly strengthen with religiosity as moderation; (2) The courage of field extension officers' and farmers' anticipation have a significant and positive effect on satisfaction. This study will be complemented by gratitude as a variable that moderates the relationship between the courage and anticipation, as well as the relationship between courage and satisfaction.

미분 문제해결 과정에서의 오류 분석 (Analysis of Error Types in the Differential Problem Solving Progress)

  • 전영배;노은환;최정숙;김대의;정의창;정찬식;김창수
    • 한국학교수학회논문집
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    • 제12권4호
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    • pp.545-562
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    • 2009
  • 미적분은 우리 생활의 여러 방면에 활용되고 있으며, 경제학이나 행정학 등 사회과학 분야에서도 기초를 이루고 있다는 점에서 이공계에서만 중요시하게 다루어지는 것에 대한 많은 논란이 있어 왔다. 다행히 2010년부터는 일반계 고등학교 2학년 수학과 교육과정에 미적분 단원이 도입된다고 한다. 처음 미적분을 접하게 되는 학생들은 먼저 미분학습에서 흥미를 잃는다거나 미분학습에 대한 불안과 기피현상을 겪지 않도록 해야 한다. 이에 대비하기 위해 본 연구는 학생들이 교과서에서 평소 접할 수 있는 일반화된 미분문제를 중심으로 예비검사를 실시하고 전문가의 검토와 예비검사를 바탕으로 선정된 최종 검사지를 투입하여 미분 문제해결 과정에서 나타나는 오류를 분석틀에 맞게 분류 분석함으로서 미분학습 지도방안에 대한 기초자료를 마련하고자 하였다.

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環境汚染의 解決을 위한 綜合科學的 接近方法 (I) (An Interdisciplinary Approach for the Solution of Enviromental polution)

  • 신현덕
    • 한국표면공학회지
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    • 제12권3호
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    • pp.207-216
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    • 1979
  • Environmental pollution or contaminations caused by various kinds of pollutants have become one of most serious problems of our time. Environ mental pollution is the unfavoralble alteration of our surroundings, through direct or indirect effects of changes in energy patterns, rediation levels, chemical and physical constitution and abundances of organisms. These changes may affect humans directly or through their supplies of water and of agicultural and other biological products, their physical objects or possessions, or their opportunities for recreation and appreciation of nature. Pollutants that meet the criteria of this definition of environmental pollution are numerous: gases (such as sulfur dioxide and nitrogen oxides) and paniculate matter (such as smoke particles, lead aerosols, and asbestos) in the atmosphere; pesticides and radioactive isotopes in the atmosphee and in waterways; sewage, organic. chemicals, and phosphates in water; solid wastes on land; excessive heating (thermal pollution) of rivers and lakes; and many others. Some of these pollutants are introduced into the environment naturally, others by human actions, and most in both ways. Our major concer is with environmental pollution resulting wholly or largely as a by-product of human activities, because these can be controlled most readily. Environmental pollution cannot be solved by science and technology alone. It should be handled by an interdisciplinary approach with combined methods of science and technology as wen as social science disciplines for the better solution of this critical problem. In this respect, introducing "Environmental Science," a new scientific approach for the solution of environmental problems, which is now widely accepted by most developed countries of the world will be very helpful for systematization of theoretical basis for a new scientific approach to environmental pollution. Environmental science is "the study of all systems of air, land, water, energy, and life that surround Man. It includes all sciences directed to the system-level of understanding of the environment, drawing especially upon such disciplines as meteorology, geophysics, oceanography, and ecology, and utilizing to the fullest knowledge and techniques developed in such fields as physics, chemistry, biology, mathematics and engineering as well as many social science disciplines, such as economics, such as economics, law, political science and public administration." The components of this discipline are not new, for they are drawn from existing areas of science within biology chemistry, physics, and geoscience. What is really new about environmental science, however, is it siewpoint - its orientation to global problems, its conception of the earth as a set of interlocking, interacting systems, and its interest in Man as a part of these systems.

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화산재 양에 따른 피해와 사회 · 경제적 영향 분석 (Damage and Socio-Economic Impact of Volcanic Ash)

  • 강주화;유순영;윤성민;최기홍
    • 한국지구과학회지
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    • 제34권6호
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    • pp.536-549
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    • 2013
  • 백두산 화산이 분화할 경우, 한국에는 주로 화산재로 인한 피해가 예상된다. 이에 본 연구는 해외의 대형 화산분화 사례를 기반으로, 화산재 규모에 따른 피해와 사회 경제적 영향을 분석하였다. 첫째, 주요 화산 분화의 화산재 피해사례 및 화산재 두께/무게에 따른 피해를 "화산재 규모와 피해 영향 대조표"를 통하여 살펴보았다. 둘째, 화산재의 사회 경제적 영향을 분석하였다. 백두산이 겨울에 분화하지 않는다면, 한국은 화산재로 인해 경제적 피해를 입을 가능성이 크지 않지만, 화산재의 특성상 범세계적으로 영향을 미칠 수 있기 때문에 그 영향을 간과해서는 안 된다. 한편 만약 백두산 분화 시기에 한반도 주변으로 북풍 또는 북동풍이 발달하면, 화산재가 남한으로 확산하여 남한 경제에 영향을 미칠 수 있다. 항공수출에 차질이 생길 수 있으며, 인구 밀도가 높은 수도권이나 지방중심도시(산업집중도시) 혹은 농업지역으로 화산재가 이동해 온다면 그 피해는 매우 클 수 있다. 이러한 화산재해에 대비하여 한국의 실정에 맞는 화산재 예보 단계표가 만들어야져야 하며, 화산재 예측을 위한 한국형 화산 해저드 맵을 구축할 필요가 있다.

게임이론을 활용한 강변여과 개발 적지선정 (Site Suitability Analysis for Riverbank Filtration Using Game Theory)

  • 이상일;이상신
    • 한국수자원학회논문집
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    • 제43권1호
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    • pp.95-104
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    • 2010
  • 최근 지표수의 취수원 다변화 및 수질에 대한 불신 등으로 강변여과 개발에 관심이 모아지고 있다. 선진국에서의 강변여과 개발은 150년 정도의 역사를 가지고 있으며, 우리나라에서도 지속적으로 증가하고 있는 용수수요에 안정적으로 대처하기 위한 원수 확보방안으로 강변여과에 대한 조사가 1990년대부터 시작되었고, 현재 낙동강을 중심으로 몇몇 지자체에서는 강변여과를 활용한 상수도 공급이 이루어지고 있다. 그러나 지금까지는 강변여과에 의한 개발가능량 산정과 관정개발에 연구가 집중되어 개발가능지 선정에 관한 체계적인 연구가 이루어지지 않고 있는 실정이다. 본 논문에서는 게임이론을 활용한 강변여과 개발 적지선정에 대해 연구하였다. 게임이론은 수학적 분석이론의 하나로 사회과학(특히 경제학)과 생물학, 공학, 컴퓨터과학 등에 적용되고 있으며, 본 연구에서는 강변여과 개발을 위한 적정 후보지 결정에 이용되었다. 제안된 정책모형은 확률적 접근을 시도한 새로운 방법론이며, 적지선정을 위한 효율적인 분석이 가능한 것으로 나타났다.

영아 수학적 탐색활동 지원을 위한 구성주의 교사교육프로그램이 영아교사의 수학지도 관련 변인에 미치는 효과 (Effects of Constructivism-Based Teacher Education Program for Supporting Infant's Mathematical Inquiry Activity on Variables Related to Infant Teacher's Mathematics Teaching)

  • 고은지;김지현
    • Human Ecology Research
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    • 제58권1호
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    • pp.105-120
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    • 2020
  • This study helps infant teachers practice a constructivism-based teacher education program that supports infant mathematical inquiry activities and examines improvements in mathematical teaching knowledge, mathematical teaching initiatives, mathematical interaction, constructivism belief and mathematical teaching efficacy. Twenty two experiment group infant teachers and twenty two comparison group infant teachers were chosen at two workforce educare centers. The experiment group infant teachers participated in 18 sessions of a constructivism teacher training program for 8 weeks, but the comparison group infant teachers did not take part in the program. Pretest and post-tests were implemented for the mathematical teaching knowledge, mathematical teaching initiatives, mathematical interactions, constructivism belief and mathematical teaching efficacy in the experiment group. Independent sample t-test and ANCOVA were tested using Windows SPSS statistics 21.0. The homogeneity test for the experiment and comparison group revealed significant differences. ANCOVA was carried out after the pretest score was controlled as a co-variance. Significant differences were indicated in mathematical teaching knowledge, mathematical teaching initiative, mathematical interaction, constructivism belief and mathematical teaching efficacy. The results indicated that a constructivism-based teacher education program to support infant mathematical inquiry activities influenced improvements in mathematical teaching knowledge, mathematical teaching initiative, mathematical interaction, constructivism belief and mathematical teaching efficacy. This study proved the effects of the program based on constructivism theory content for the knowledge, skills and attitude about infant teaching of mathematical initiatives and practiced a program of exploration, investigation, application and assessment for infant teachers. The results can help infant teachers teach mathematical exploration activities and help activate infant mathematical exploration activities.