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1 – 10 of 599
Open Access
Article
Publication date: 30 June 2008

Young Yoon Choi, Hun-Koo Ha and Minions Park

The maritime freight transportation industry has played an important role in the Korean economy. The Korean maritime freight transportation industry is faced with a period of…

Abstract

The maritime freight transportation industry has played an important role in the Korean economy. The Korean maritime freight transportation industry is faced with a period of transforming it competitively and efficiently in this global age. This paper, therefore, aims to identify the impact of the maritime freight transportation industry in the Korean national economy. Hence, this paper provides policy-makers with accessible and reliable information regarding the role of the Korean maritime freight transportation industry. This study employs input-output (I-O) analysis to examine the role of the maritime freight transportation industry in the national economy for the period 1995-2003, with specific application to Korea. This study pays particular attention to the maritime freight transportation industry by taking the industry as exogenous variable and then investigates its economic impacts. We identify inter-industry linkage effects in 20 sectors, production-inducing effects, added value-inducing effects, and supply-shortage effects of the maritime freight transportation industry.

Details

Journal of International Logistics and Trade, vol. 6 no. 1
Type: Research Article
ISSN: 1738-2122

Keywords

Open Access
Article
Publication date: 7 June 2021

Mai Mohsen Ibrahim, Ola Elkhawaga and Adla Ragab

This paper aims to study the inter-sectoral linkages in the Egyptian economy, to increase the efficiency of allocating L.E 100bn fiscal stimulus package (FSP) to tackle the…

Abstract

Purpose

This paper aims to study the inter-sectoral linkages in the Egyptian economy, to increase the efficiency of allocating L.E 100bn fiscal stimulus package (FSP) to tackle the economic fallout from COVID-19 based on the strength of the backward and forward linkages of various sectors, and the values of both employment and value-added multipliers. The paper also measures the impact of the new FSP on the capability of various sectors in creating job opportunities and increasing economic growth.

Design/methodology/approach

The paper studies the intersectoral linkages by calculating backward and forward linkages index based on the latest input and output tables available for the Egyptian economy published in 2018. It also depends on a bivariate optimization model to distribute new investments allocated through the FSP based on the values of both employment and value-added multiplier for those sectors. The paper calculated both employment and value-added coefficients to measure the impact of the FSP on creating job opportunities and increasing growth rates.

Findings

Based on the results of the empirical analysis, both key sectors (with strong backward and forward linkages) and sectors with strong backward linkages have the highest impact on creating job opportunities and increasing growth rates in the Egyptian economy, which means that allocating FSPs in a way which targets those sectors, especially during economic crisis, could help in increasing the positive impacts of those packages.

Originality/value

The paper is based on the unbalanced growth theory of Hirschman and uses the empirical analysis to study the intersectoral linkages and allocate new investments through FSP through different sectors. The main policy implication of the empirical results of this paper suggests targeting the key sectors and the sectors with strong backward linkages during tough economic times related to COVID-19, to increase the positive impact of the package on the whole economy.

Open Access
Article
Publication date: 28 August 2023

Enrique Feás

The purpose of this paper is to settle the methodological debate on the decomposition of value added in gross exports, proposing a standard, exposing the drawbacks of the…

Abstract

Purpose

The purpose of this paper is to settle the methodological debate on the decomposition of value added in gross exports, proposing a standard, exposing the drawbacks of the alternatives and quantifying the differences.

Design/methodology/approach

This paper systematizes the analytical framework and assesses and quantifies the various methodologies and its main differences.

Findings

The decomposition method of Borin and Mancini (2023), using a source-based approach and an exporting country perspective, should be considered as the standard for decomposing the value added in gross exports. This study finds that alternative approaches and perspectives are methodologically inferior, and that tailored perspectives do not provide an increase in accuracy that compensates their drawbacks.

Originality/value

This paper’s contribution is fourfold: it rejects the alleged equivalence between approaches and perspectives, defending the superiority of a particular method, approach and perspective; it gives quantitative examples of the differences between them; it proves that the drawbacks of tailored perspectives do not compensate their alleged accuracy (as they do not result in big quantitative differences with the standard perspective); and it argues that no valid standard decomposition can forego the calculation of value added exported, which requires the expression of exports in terms of final demand.

Details

Applied Economic Analysis, vol. 31 no. 93
Type: Research Article
ISSN: 2632-7627

Keywords

Open Access
Article
Publication date: 30 June 2020

Valeria Maltseva, Joonho Na, Gyuseung Kim and Hun-Koo Ha

We adopt a super slack-based measurement (SBM) data envelopment analysis (DEA) model to estimate the efficiency of five biggest freight rail operators in Russia, which are…

Abstract

We adopt a super slack-based measurement (SBM) data envelopment analysis (DEA) model to estimate the efficiency of five biggest freight rail operators in Russia, which are included in the top 30 freight rail operators in terms of two dimensions – financial and operational efficiency during 2013–2017. The result shows that the private companies characterized by high financial and operational efficiency, while the Rossiiskye Zheleznye Dorogi (RZD) subsidiaries characterized by sufficiently low financial and operational efficiency scores. And the result also presents that operational efficiency score of operators handling universal rolling stock is higher than financial efficiency scores. In contrast, financial efficiency scores of operators handling special rolling stock is higher than operational efficiency scores. rail freight operators in addition to a special rolling stock park should have a universal rolling stock park for higher profitability. State-owned companies and its subsidiary operate inefficiently in the midst of a market economy in Russia. Rail freight operators for a higher level of financial efficiency should be transferred to the private sector.

Details

Journal of International Logistics and Trade, vol. 18 no. 2
Type: Research Article
ISSN: 1738-2122

Keywords

Open Access
Article
Publication date: 22 April 2022

Chong Huang and Lu Liu

China has established 14 marine economic development demonstration zones in 2018, which has become an important step in exploring the high-quality development of the marine…

423

Abstract

Purpose

China has established 14 marine economic development demonstration zones in 2018, which has become an important step in exploring the high-quality development of the marine economy. The paper statistically analyzes the documents related to the field of marine economy and special economic zones (SEZs) and strives to find out the hot spots, intersections and related development contexts of the two in the research direction, so as to provide some ideas for later research.

Design/methodology/approach

By taking the bibliographic information data of “Marine Economy” and “Special Economic Zone” in the Web of Science database as a sample, the paper applies the Citespace bibliometric tool to analyze the evolution of disciplinary distribution, research country, author collaboration and research hotspot trends in the two fields.

Findings

It can be found from the paper results that the current research on marine economy and SEZs involves the intersection of many disciplines. China and the United States are the leaders in this field. However, there is more extensive cooperation between authors from different countries, but the cooperation depth needs to be strengthened. At the same time, compared with the terrestrial economy, the trend of its research hotspots is lagging to a certain extent. Moreover, there is still no systematic and professional research paradigm on marine economy.

Research limitations/implications

At present, there are a few research studies on marine economic development demonstration areas or marine SEZs, and related bibliographical references are incomplete, which leads to insufficient samples, and bibliometric methods cannot fully reveal the general research rules and development trends in this field.

Originality/value

The research on the marine economic development demonstration area is still in its infancy. The paper jointly analyzes the literature in the two fields of marine economy and SEZs, aims to find the intersection and related research hotspots of the two, and provides references for the future research of marine development demonstration areas, which is of certain practical significance.

Details

Marine Economics and Management, vol. 5 no. 1
Type: Research Article
ISSN: 2516-158X

Keywords

Open Access
Article
Publication date: 2 February 2023

Ming Chen and Lie Xie

The flexibility of batch process enables its wide application in fine-chemical, pharmaceutical and semi-conductor industries, whilst its complexity necessitates control…

Abstract

Purpose

The flexibility of batch process enables its wide application in fine-chemical, pharmaceutical and semi-conductor industries, whilst its complexity necessitates control performance monitoring to ensure high operation efficiency. This paper proposes a data-driven approach to carry out controller performance monitoring within batch based on linear quadratic Gaussian (LQG) method.

Design/methodology/approach

A linear time-varying LQG method is proposed to obtain the joint covariance benchmark for the stochastic part of batch process input/output. From historical golden operation batch, linear time-varying (LTV) system and noise models are identified based on generalized observer Markov parameters realization.

Findings

Open/closed loop input and output data are applied to identify the process model as well as the disturbance model, both in Markov parameter form. Then the optimal covariance of joint input and output can be obtained by the LQG method. The Hotelling's Tˆ2 control chart can be established to monitor the controller.

Originality/value

(1) An observer Markov parameter approach to identify the time-varying process and noise models from both open and closed loop data, (2) a linear time-varying LQG optimal control law to obtain the optimal benchmark covariance of joint input and output and (3) a joint input and output multivariate control chart based on Hotelling's T2 statistic for controller performance monitoring.

Details

Journal of Intelligent Manufacturing and Special Equipment, vol. 4 no. 1
Type: Research Article
ISSN: 2633-6596

Keywords

Open Access
Article
Publication date: 31 August 2014

Jaka Aminata, Samuel Grandval and Abdelkader Sbihi

The aim of this study is to provide energy supply chain in Indonesia. Therefore, the best scenario has been created to fulfill energy scarcity by global supply chain partnership…

Abstract

The aim of this study is to provide energy supply chain in Indonesia. Therefore, the best scenario has been created to fulfill energy scarcity by global supply chain partnership. All impact social-economy will be advantages. The input output analysis has been applied in this paper. The impact of output and impact of job creation are possible to describe, significantly. All barriers and opportunities that can be achieve from the lowest price, efficiency and also to reduce unemployment rate during a decade of building nuclear power plants. This research work can be applicable model for future nuclear power plants construction or other type of energy source construction that give significant impact to the economy and business sustainability. Therefore, by this project plan will cover energy needs for domestics and improve the local corporate productivity, especially for nuclear power plants equipment.

Details

Journal of International Logistics and Trade, vol. 12 no. 2
Type: Research Article
ISSN: 1738-2122

Keywords

Open Access
Article
Publication date: 16 November 2015

Aibing Ji, Hui Liu, Hong-jie Qiu and Haobo Lin

– The purpose of this paper is to build a novel data envelopment analysis (DEA) model to evaluate the efficiencies of decision making units (DMUs).

4254

Abstract

Purpose

The purpose of this paper is to build a novel data envelopment analysis (DEA) model to evaluate the efficiencies of decision making units (DMUs).

Design/methodology/approach

Using the Choquet integrals as aggregating tool, the authors give a novel DEA model to evaluate the efficiencies of DMUs.

Findings

It extends DEA model to evaluate the DMU with interactive variables (inputs or outputs), the classical DEA model is a special form. At last, the authors use the numerical examples to illustrate the performance of the proposed model.

Practical implications

The proposed DEA model can be used to evaluate the efficiency of the DMUs with multiple interactive inputs and outputs.

Originality/value

This paper introduce a new DEA model to evaluate the DMU with interactive variables (inputs or outputs), the classical DEA model is a special form.

Details

Management Decision, vol. 53 no. 10
Type: Research Article
ISSN: 0025-1747

Keywords

Open Access
Article
Publication date: 13 May 2021

Devin DePalmer, Steven Schuldt and Justin Delorit

Limited facilities operating and modernization budgets require organizations to carefully identify, prioritize and authorize projects to ensure allocated resources align with…

1116

Abstract

Purpose

Limited facilities operating and modernization budgets require organizations to carefully identify, prioritize and authorize projects to ensure allocated resources align with strategic objectives. Traditional facility prioritization methods using risk matrices can be improved to increase granularity in categorization and avoid mathematical error or human cognitive biases. These limitations restrict the utility of prioritizations and if erroneously used to select projects for funding, they can lead to wasted resources. This paper aims to propose a novel facility prioritization methodology that corrects these assessment design and implementation issues.

Design/methodology/approach

A Mamdani fuzzy logic inference system is coupled with a traditional, categorical risk assessment framework to understand a facilities’ consequence of failure and its effect on an organization’s strategic objectives. Model performance is evaluated using the US Air Force’s facility portfolio, which has been previously assessed, treating facility replicability and interruptability as minimization objectives. The fuzzy logic inference system is built to account for these objectives, but as proof of ease-of-adaptation, facility dependency is added as an additional risk assessment criterion.

Findings

Results of the fuzzy logic-based approach show a high degree of consistency with the traditional approach, though the value of the information provided by the framework developed here is considerably higher, as it creates a continuous set of facility prioritizations that are unbiased. The fuzzy logic framework is likely suitable for implementation by diverse, spatially distributed organizations in which decision-makers seek to balance risk assessment complexity with an output value.

Originality/value

This paper fills the identified need for portfolio management strategies that focus on prioritizing projects by risk to organizational operations or objectives.

Details

Journal of Facilities Management , vol. 19 no. 3
Type: Research Article
ISSN: 1472-5967

Keywords

Open Access
Article
Publication date: 27 November 2023

Jae-Whak Roh

This study analyzed Korea's relations table through network analysis. In particular, among the centralities, eigenvector centrality, PageRank centrality and degree were used. The…

Abstract

Purpose

This study analyzed Korea's relations table through network analysis. In particular, among the centralities, eigenvector centrality, PageRank centrality and degree were used. The author studied which network characteristics affected the value-added rate.

Design/methodology/approach

A network analysis method was used.

Findings

It is the inward relationship that affects the value-added ratio of Korea's industries and the outward relationship has less influence. In particular, the inward relationship not only acts as a cost but also has an effect on the rate of added value recently.

Research limitations/implications

Since the three years of 2010, 2015 and 2019 are the target, the data are somewhat insufficient to generalize.

Practical implications

As for the value-added ratio of an industry, input is more important than output (sales). Therefore, where the input is received is very important.

Social implications

It is possible to increase the understanding of the determinants of the value-added rate of Korean industries.

Originality/value

(1) It was clarified which side is inward or outward in determining the industry in Korea. (2) The relationship between PageRank, eigenvector centrality and degree was analyzed in Korean cases. (3) Input is a cost and acts to increase added value.

Details

International Trade, Politics and Development, vol. 7 no. 3
Type: Research Article
ISSN: 2586-3932

Keywords

1 – 10 of 599