• 제목/요약/키워드: regional finance

검색결과 196건 처리시간 0.024초

영남권 도시들 간의 상보성 측정에 관한 연구: 네트워크 도시 접근 (Measuring Complementarities between Cities in the Korean Southeastern Region : A Network City Approach)

  • 손정렬
    • 한국지역지리학회지
    • /
    • 제21권1호
    • /
    • pp.21-38
    • /
    • 2015
  • 본 연구는 21개 영남권 도시들 간 네트워크 시간거리와 유동량자료를 이용하여 이들 간의 상보성을 추정하고자 하였다. 이를 위해 사람, 화물, 정보, 금융 등 네 가지 유형의 유동이 고려되었다. 이들 중 사람과 화물의 유동은 교통 네트워크상에서, 그리고 정보와 금융의 유동은 통신 네트워크상에서 이루어지는 것으로 구분되어 분석되었다. 연구의 목적을 위하여 먼저 도시들 간 유동의 기댓값이 중력모형에 기초한 회귀분석모형과 이중제약 엔트로피 극대화모형을 통해 추정되었다. 이를 통해 추정된 유동량은 사람 및 화물의 경우 실측 유동량으로부터 그리고 정보와 금융의 경우 추정유동량으로부터 차감하여 양의 결과값, 즉 상보성을 가지는 지를 확인하였다. 분석 결과는 이들 네 가지 유형의 상보성 유동이 공간패턴과 도시계층이라는 측면에서 각각 독특한 도시 네트워크를 형성하고 있음을 보여주고 있다. 이는 이 지역에서 네트워크 도시 모형을 추진하는 과정에서 네트워크 기반시설 공급과 관련된 이슈들을 적절한 방식으로 해결하기 위해서는 상보성의 각 유형별로 맞춤형의 전략이 바람직할 것임을 시사한다.

  • PDF

Does Bilateral Trade Between China and ASEAN Countries Improve Its Firm's Efficiency?

  • HANIFA, Mohamed Hisham;CHAN, Sok Gee;SUKOR, Mohd Edil Abd
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제9권2호
    • /
    • pp.313-324
    • /
    • 2022
  • The Chinese outward foreign direct investment (OFDI) involves various bilateral trade agreements and regional agreements signed between China and other countries. This study examines the impact of Chinese OFDI in ASEAN-5 countries through ASEAN-China Free Trade Agreement (ACFTA) namely Indonesia, Malaysia, Philippines, Singapore, and Thailand from 2000 to 2016. This study attempts to address three research objectives. The first is to examine the motives for China's investment in ASEAN-5. The second is to explore the different impacts of China's investment across countries. The third is to investigate whether the OFDI conducted by state-owned enterprises (SOEs) will produce different impacts on the firm's efficiency score. Using the DEA approach, this study finds evidence that the overall Chinese OFDI is relatively efficient. We find that the estimated efficiency score of this OFDI has improved in pre- and post ACFTA where a higher overall efficiency score was reported when comparing pre- and post ACFTA signing for both SOEs and NSOEs. Finally, China's parent firms' efficiencies showed higher scores among NSOEs compared to SOEs after the signing of ACFTA for all ASEAN countries except Malaysia. We highlight that the country's institutional infrastructure, earlier investment presence, and diplomatic ties help in shaping an effective trade agreement.

재활용 생활계 폐기물의 수거경로와 지역적 특성 (Channel of Collection and Regional Characteristics of Recyclable Domestic Wastes)

  • 한주성
    • 대한지리학회지
    • /
    • 제39권1호
    • /
    • pp.88-101
    • /
    • 2004
  • 본 연구는 재활용 생활계 폐기물의 수거경로를 살펴보고, 재활용품에 의한 수거유형과 지역특성과의 관계를 밝히는 것을 목적으로 한다. 분석결과는 다음과 같다. 인구규모가 크고 증가율이 높으며 제2차 산업 인구구성비와 재정자립도가 높은 지역에서는 종이류와 고철류가 주로 수거되고, 인구규모가 작고 증가율도 낮거나 감소하며, 제1차 산업 인구구성비와 농가율이 높은 농촌지역에서는 기타를 포함하여 고철류, 종이류, 병류 등의 다양한 수거가 나타난다. 이는 지역에 발달한 산업에 의해 재활용 생활계 폐기물의 수거유형이 다르다는 것을 의미한다.

Poverty Alleviation Efforts through MDG's and Economic Resources in Indonesia

  • LAURENS, Samson;PUTRA, Aditya Halim Perdana Kusuma
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제7권9호
    • /
    • pp.755-767
    • /
    • 2020
  • The objective of this study is to examine and provide guidelines for regional governments, communities, and the private sector in planning and implementing poverty-reduction activities that are more effective, efficient, and targeted. Besides, this research's specific aims are: 1) increasing the rate of regional economic growth through optimization of potential sources of local income, 2) increasing per-capita income, and 3) reducing poverty, unemployment, and social-economic inequality of the community. The study was conducted in North Morowali District, Central Sulawesi Province, Indonesia, in 2018-2019. The research approach used quantitative and qualitative descriptive analysis. Data sources include sources from the Focus Group Discussion (FGD) and Regional Statistics. The results of this study are based on the Millennium Development Goals (MDG's) indicators that there are four priority scales in poverty reduction, namely, Health and Infrastructure (Priority I), Education (Priority II), Food stability (Priority III), and Population and Employment (Priority IV). Therefore, as a solution to poverty alleviation strategies, the cost approach through regional economic optimization and local income sources and community empowerment factors are essential. Apart from that, the involvement between elements (government, organizations, society, universities, and institutions) is expected to continue as an effort to realize poverty reduction can be optimally overcome.

Regional Financial Development, Firm Heterogeneity and Investment Efficiency

  • Zhang, Ruonan;Yin, Hong
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제5권4호
    • /
    • pp.73-83
    • /
    • 2018
  • The purpose of this paper is to examine the relationship between regional financial development and corporate investment efficiency as well as the relationship between firm-level characteristics and corporate investment efficiency. Using a large sample of A-listed companies in China from CSMAR database between 2003 and 2016, this paper explores corporate investment efficiency and its influencing factors in emerging market on the basis of heterogeneous stochastic frontier model. The results show that: (1) the average investment efficiency of Chinese listed companies is 74.5%, and the investment efficiency of large enterprises, state-owned enterprises and enterprises with relatively high financial development level is significantly higher; (2) compared with average corporate investment efficiency in the year 2003, the investment efficiency of different types of enterprises in 2016 is significantly higher, and the gap is gradually widening; (3) enterprise heterogeneity namely firm size, nature of property right, and institutional environment reflected by the level of regional financial development indirectly affects corporate investment efficiency by influencing the financing constraints and uncertainty. The findings suggest that to improve corporate investment efficiency in emerging market, financial market should be accelerated, regional balance should be restored and the differences among regions, industries and differences between public and private sectors should be eliminated.

Determinants of Economic Growth in Indonesia: A Dynamic Panel Model

  • BASUKI, Agus Tri;PURWANINGSIH, Yunastiti;SOESILO, Albertus Maqnus;MULYANTO, Mulyanto
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제7권11호
    • /
    • pp.147-156
    • /
    • 2020
  • This study aims to analyze the effect of public spending, macroeconomic variables, and BPK opinion on economic growth. This study is motivated by the inequality of fiscal policy effectiveness between regions in Indonesia in influencing the economic growth of different regions, the ability of local governments to attract foreign investors, and the transparency of regional financial management in designing development programs to encourage regional economic growth. The analytical tool in this study is a dynamic panel regression model with data from 2008 to 2017. The results of this study show that, in the short term, the population affects regional economic growth, while in the long term, the economic growth is affected by the number of people, the poor, General Allocation Fund, health budget, foreign investment and BPK opinion. The findings of this study are that in the long term the General Allocation Fund becomes an obstacle to economic growth, this is because the general allocation funds is widely used to cover the lack of funds for routine regional activities, thereby reducing activities for development programs. Another research finding is that fiscal policies carried out by local governments make a small and ineffective contribution to promoting economic growth.

The Effect of Work Environment and Compensation on Work Motivation and Performance: A Case Study in Indonesia

  • LARAS, Titi;JATMIKO, Bambang;SUSANTI, Fathonah Eka;SUSIATI, Susiati
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제8권5호
    • /
    • pp.1065-1077
    • /
    • 2021
  • Directorate of Traffic of the Regional Police D.I. Yogyakarta as part of the Indonesian Republic Police (Polri) institution also experiences problems related to the performance of police members as well as the Polri institution in general. The problems which relate to the police performance are influenced by various factors such as low compensation and as a result low motivation in the work environment of Directorate of Traffic of the Regional Police D.I. Yogyakarta. Therefore, the objective of this study is to empirically test and prove the effect of the work environment and compensation on work motivation and police performance of Directorate of Traffic of the Regional Police D.I. Yogyakarta, Indonesia. This study used a survey method for collecting data. By using proportional stratified random sampling, 143 members of Directorate of Traffic of the Regional Police D.I. Yogyakarta were selected as the respondents. The results of this study indicate that work environment has a positive effect on work motivation, police performance as well as compensation on work motivation and police performance. In addition, work motivation has a positive effect on police performance. Thus, this study concludes that work motivation mediates the effect of work environment and compensation on police performance.

Opportunities and Challenges of Conversion of Sharia Regional Development Banks in Economic Development Efforts and Income Distribution

  • Rizal, Rizal;Nil, FIRDAUS;Ruslan Abdul, GHOFUR;Heni, NOVIARITA;Pertiwi, UTAMI
    • 유통과학연구
    • /
    • 제21권2호
    • /
    • pp.65-76
    • /
    • 2023
  • Purpose: This study examines the opportunities and challenges of sharia-based regional development bank spin-offs in supporting economic growth and income distribution through a board of commissioner's approach. Research design, data, and methodology: The research design is qualitative research with the main data collection technique through in-depth interviews. Results: The results of the study show that Bank Nagari can support the performance of the West Sumatra government, especially in regional finance. The positive influence is shown in the benefit aspect of 31% and the opportunity of 28% which is the priority value. The challenges that must be faced are technology services, improving the quality of human resources, socialization, and application of local wisdom which is by the philosophical values of the people of West Sumatra Adat Basandi Syara' Syara' Basandi Kitabullah. Conclusions: It can be concluded that the local government of West Sumatra has an essential contribution to the conversion of Bank Nagari to RDB Syariah as a whole. The expected implication is that the local government and shareholders cooperate well in supporting the transformation to realize West Sumatra Mandani through the populist economy of the people of West Sumatra.

Economic Impacts of Transportation Investment on Regional Growth: Evidence from a Computable General Equilibrium Model on Japan's Cross-Prefectural-Border Region

  • Thi Thu Trang, HA;Hiroyuki, SHIBUSAWA
    • The Journal of Asian Finance, Economics and Business
    • /
    • 제10권2호
    • /
    • pp.183-193
    • /
    • 2023
  • This paper proposes and examines the economic impact of infrastructure improvement on the San-En-Nanshin region in the Chubu area of Japan. We develop a single transportation computable general equilibrium (CGE) model for each subregion within the San-En-Nanshin region. The explicit modeling of the transportation infrastructure is defined based on interregional commuting flows and business trips, considering the spatial structure of the San-En-Nanshin economy. A CGE model is integrated with an interregional transportation network model to enhance the framework's potential for understanding the infrastructure's role in regional development. To evaluate the economic impact of transportation improvement, we analyze the interrelationship between travel time savings and regional output and income. The economic impact analysis under the CGE framework reveals how transportation facilities and systems affect firm and household behavior and therefore induce changes in the production and consumption of commodities and transportation services. The proposed theoretical model was tested by using data from the 2005 IO tables of each subregion and the 2006 transport flow dataset issued by the Ministry of Land, Infrastructure, Transport, and Tourism in Japan. As a result, the paper confirms the positive effect of transportation investment on the total output and income of the studied region. Specifically, we found that while economic benefits typically appear in urban areas, rural areas can still potentially benefit from transportation improvement projects.

대전.충청지역 산업의 구조적 특성과 지역별 혁신역량 (The Structure of Regional Industries for Daejeon.Choongchung Area and the Measurement of Regional Innovation Ability)

  • 김선재
    • 한국콘텐츠학회논문지
    • /
    • 제9권12호
    • /
    • pp.279-290
    • /
    • 2009
  • 본 연구는 대전 충청지역의 산업구조와 특성을 분석한 후 지역경제의 혁신여건과 지역별(광역자치단체중심) 혁신역량지수의 측정을 통하여 지역경제가 보유하고 있는 혁신역량을 파악하고 하고자 하였다. 혁신역량지수는 유럽연합(EU)의 분류에 따라 인적자원부문, 지식창출부문, 지식의 전달 및 응용부문, 그리고 혁신지원 금융 산출 시장부문으로 구분하여 산출하였으며, 이를 9개 광역자치단체별로 측정 비교분석함으로써 정책적 시사점을 찾아보고자 하였다. 그 결과 지역별 총합혁신역량지수는 대전이 2.977로 가장 높고 다음이 서울로 2.650을 보임으로서 대전과 서울에 혁신활동이 집중되어 있음을 파악하였다. 그리고 충남과 충북의 혁신역량지수도 비교적 높은 서울의 76~78% 수준을 보였다. 그러나 여타 지역의 혁신역량지수는 서울이나 대전의 50~60%에 그치고 있어 지역 간 격차가 뚜렷이 존재하고 있는 것으로 분석되었다. 특히 지역 간 격차가 심한 영역은 지식창출부문으로서 대전은 0.866인데 비하여 부산은 0.085로 무려 10배나 차이가 나고 있으며, 다음은 지식의 전달 및 응용부문과 혁신지원 금융 산출 시장부문의 격차가 상대적으로 크게 나타났다. 그러나 인적자원부문의 혁신지수는 지역 간 격차가 상대적으로 적게 나타나고 있는 것으로 파악되었다.