• The Journal of Asian Finance, Economics and Business
• /
• 제8권1호
• /
• pp.295-304
• /
• 2021

This study aims to identify and analyze the impact of internal factors on business efficiency of steel firms in Vietnam. The article uses data collected from the financial statements of 26 steel firms operating in Vietnam between 2012 and 2019. With the application of E-view software in quantitative analysis to build regression models on the table data (panel data), and the study has built a regression model identifying the relationship and impact level of internal factors affecting business efficiency of steel firms in Vietnam. In the study, the dependent variable is business efficiency, determined by the profit after tax on the firm's assets. The independent variables are firm size, growth rate, capital structure, ratio of long-term assets, receivables management, and solvency. The research results show that the four factors of firm size, growth rate of assets, receivables management, and solvency have a positive impact on business efficiency, while two factors including capital structure and ratio of long-term assets do not affect business efficiency of enterprises. The results of this article are very useful for corporate executives in general and for financial managers in particular, helping managers make the right financial decisions for the company to promote business efficiency of the company.

• The Journal of Asian Finance, Economics and Business
• /
• 제8권1호
• /
• pp.531-542
• /
• 2021

The study aims to investigate differences between men and women in influence of various socio-demographic factors on choice of mode of transport. For this purpose, a binary logit model of choice probabilities is implemented on survey data of a developing country city. Results indicate women's choice of travel mode to be more environment-friendly than that of men. Well-educated, working and middle-aged individuals appear to be the most likely to choosing more-polluting modes of transport for frequent travelling purposes. Individuals in the sample who are the least socioeconomically well off are found the most likely to be promising for the environment. The findings of this study suggest the future transportation policies toward development of existing infrastructure of greener modes of transportation in the city such as, public transportation services and pedestrian lanes, so as to manage the rising issues of degrading environmental quality. The study highlights how the consideration and inclusion of socio-demographic factors is crucial for policy recommendation regarding curtailing the environmental damages contributed by transportation sector. Because mobility crucially affects all other indicators of empowerment, and women are the ones using green modes extensively, the city's transportation system should be so developed which gives their safety and security due importance.

• 물류혁신 컨퍼런스
• /
• 제11권3호
• /
• pp.207-217
• /
• 2003

• International Journal of Computer Science & Network Security
• /
• 제21권12spc호
• /
• pp.443-450
• /
• 2021

The study is devoted to the formation of a economic principles cargo delivery management in global supply chains. Mathematical model of delivering special categories of goods by road is a key element of these principles. The article analyzes the existing studies on solving the problem of cargo delivery in various aspects. It was noted that the greatest attention is paid to legal regulation, last mile delivery, optimization of routes and delivery schemes, information support, technological innovations, cluster routing, etc. In the developed mathematical model a minimum of total costs of forming loading units and freight shipments was defined as the criterion of optimality of organizing delivery by motor transport. The authors propose the creation of logistics clusters allowing the integration of urban transport flows and global supply chains.

• The Journal of Asian Finance, Economics and Business
• /
• 제7권12호
• /
• pp.115-121
• /
• 2020

This study aims to investigate the effects of restrictions in economic activity on the spread of COVID-19 in the Philippines. This research employs daily time-series data of confirmed new COVID-19 cases, Apple mobility trends (i.e., use of public transport to destinations, volume of people driving, and amount of walking to destinations) and Google community mobility (i.e., visits to transit stations, visits to workplaces, and staying-at-home) indicators covering the period February 17 to September 11, 2020. The analysis starts by establishing the correlation pattern of new confirmed COVID-19 daily infections to each independent variable. The results show negative linear correlation of the number of new COVID-19 daily infections with less visit to transit station, increase stay-at-home, less use of public transport, and less amount of walking to destinations. Interestingly, the number of new COVID-19 daily infections indicates some form of positive linear correlation with visits to workplaces and volume of people driving. Moreover, employing robust least square regression via the method of MM-estimation, major findings reveal that across mobility measures, staying-at-home has the highest impact on reducing the spread of COVID-19, followed by visiting transit stations less, less use of public transport, less amount of walking, and less workplace visits.

• 대한가정학회지
• /
• 제32권1호
• /
• pp.93-102
• /
• 1994

The purpose of this study was to investigate the suitability of several knit fabrics for the hadicapped children's slacks. After the observation and wearing test abrasion resistance pilling liquid water transport properties and heat transport properties of the fabrics were tested. As specimens cotton/polypropylene interlock knits and sweat absorbent polyester knit fabric were selected and compared to the cotton denim and wool fabrics. As a result of observation test importance of extensibility durability and comfort related properties were recognized. Through the wearing test depending on the handicap type and orthoses different location and grade of pilling were observed. Knit fabrics used in this experiment were as durable as woven fabrics and showed excellent heat and liquid water transport properties. It was concluded therefore that cotton/polypropylene and sweat absorbent polyester knit fabrics are suitable materials for handicapped children's slacks.

• 무역학회지
• /
• 제46권5호
• /
• pp.115-130
• /
• 2021

The main purpose of this study is to analyze the causal relationship between import-export goods and transportation modes. To this end, five major commodity groups were selected from 2010 to 2018 such as Machinery and transport equipment (SITC 7), manufactured goods classified chiefly by material (SITC 6), chemicals and related products, n.e.s. (SITC 5), mineral, fuels, lubricants, and related materials (SITC 3), and miscellaneous manufactured articles (SITC 8). And using the panel VECM, the difference between transportation modes such as ports and airports was compared and analyzed through panel granger causality, Impulse response function, Forecasting error variance decomposition. As a result, it is confirmed that the causal relationship between major product groups and transportation modes showed different causal relationships depending on the characteristics of port and air transportation.

• 자원ㆍ환경경제연구
• /
• 제26권2호
• /
• pp.173-203
• /
• 2017

본 연구는 2000~2013년까지 14년간 서울, 부산, 대구, 인천 4개 대도시에 대한 총 주행거리, 도로연장길이, 대중교통 이용객수, 지역내총생산, 지역인구, 석유류 소비량에 대한 횡단시계열자료를 활용하여 도로연장에 대한 반등효과가 우리나라에도 적용되는지를 실증분석하였다. 혼합효과모형으로 추정한 결과 도로연장은 총 주행거리와 동반상승관계에 있는 반면, 대중교통 이용량은 총 주행거리와 역관계에 있는 것으로 나타났다. 이는 도로연장을 중심으로 하는 공급관리형 교통정책이 도시 광역화로 자가운전의 편의성을 직접적으로 증진시키거나, "걷기 힘든" 환경조성을 통해 자가운전 외 교통수단 이용의 편의성을 절감시킴으로써 추가적인 도로이용을 유인함을 뜻한다. 즉, 교통혼잡 및 정체 개선을 위해서는 현재의 도로연장 중심의 정책보다는 대중교통의 편의성 증진을 골자로 하는 교통수요관리 정책에 맞추어야 함을 시사한다.

• Journal of Korea Trade
• /
• 제24권6호
• /
• pp.115-134
• /
• 2020

Purpose - International trade leads to the international division of labor, improving the efficiency of the global economic system. Transport costs are a more serious barrier to international trade than customs tariffs. An increase in competition in the transport sector may thus lead to a reduction in transport costs. However, if a carrier's nationality significantly influences transport costs, simply adding more competing carriers of different nationalities would be ineffective. Therefore, it is necessary to establish national or regional carriers to influence competition and reduce transport costs. This study investigates this "nationality effect" by treating Hanjin Shipping's collapse as a natural experiment. Design/methodology - The theoretical basis of this study is the 3rd-degree price discrimination in container shipping market. By using the monthly data of container freight rates of Korea, China and Japan, this study shows the so-called Korea Premiums, which are the empirical counterparts of nationality effect in Korea container shipping market. For this empirical investigation, the structural model with state-space form is used and the dummy models are also estimated. In addition, because China has been also affected by the Hanjin's collapse, the China premiums are considered too. Findings - Compared with Japan's case, it is shown that there had been the so-called Korea premiums since the collapse of Hanjin Shipping. These results are robust from both the state-space model and dummy models. The time pattern of Korea premiums was consistent with the market evolution, especially the pattern of substitutability in container shipping markets. In addition, this paper shows the magnitude of Korea premiums. Originality/value - The argument of this study that the nationality effect can be interpreted as an extended concept of the home market effect is original, which is expected to evoke future research efforts. Further, the discussion on the shipping industrial policy from both horizontal and vertical aspects will provide the relevant policy makers with solid information, especially for the policy coordination in a global scale.

• The Journal of Asian Finance, Economics and Business
• /
• 제7권9호
• /
• pp.603-611
• /
• 2020

Higher education has long been considered as a means of human resource development in a nation. The faculty member plays a significant role in improving the quality of higher education. It is clear that job satisfaction and motivation have effect on the faculty member's performance. The objective of this study is to investigate the levels and factors affecting lecturers' motivation in Vietnamese public universities. In this study, ordinary least squares (OLS) and exploratory factor analysis (EFA) have been utilized to identify the factors affecting work motivation of lecturers at Vietnamese universities. A questionnaire was administered to a sample of 189 lecturers at different public universities in Vietnam. The finding indicates that seven factors including Work characteristics (WC), Wage and welfare (WW), Social recognition (SR), Peer relationships (PR), Training and promotion opportunities (PO), Leader caring (LC) and Teacher-student interaction and student's attitude (IA) have positive effect on lecturers' work motivation. Among these factors, Teacher-student interaction and student's attitude (IA) has the strongest impact with the coefficient of 0.631 and Peer relationships (PR) has the least impact on work motivation with the coefficient of 0.020. The study findings can facilitate the understanding of how to increase work satisfaction at the universities in Vietnam.