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1 – 5 of 5Aldi M. Hutagalung, Djoni Hartono, Maarten J. Arentsen and Jon C. Lovett
The purpose of the paper is to provide to a better scientific understanding of Indonesia’s domestic gas allocation policy and its effects on the national economy and to answer the…
Abstract
Purpose
The purpose of the paper is to provide to a better scientific understanding of Indonesia’s domestic gas allocation policy and its effects on the national economy and to answer the question of what best priorities can be set in allocating the natural gas for the domestic market to maximize the benefits for the national economy.
Design/methodology/approach
The authors apply a Computabled General Equilibrium (CGE). The Social Accounting Matrix 2008 is used to calibrate the CGE Model. There are two scenarios proposed, each is simulated with certain percentage of gas supply curtailment (50 MMSCFD, Scenario A), (100 MMSCFD, Scenario B).
Findings
It is confirmed that government’s current policy to give priority to oil production is not the optimum way to maximize added value of natural gas to Indonesian economy. While oil production generates state revenue, it is industry and petrochemical sector that induces high economic impacts because of strong backward and forward linkages.
Research limitations/implications
Due to the limited data availability, it is assumed that the data on the SAM 2008 are valid for describing the structure of Indonesian economy.
Practical implications
The paper provides recommendation to the government to revise gas allocation policy by changing the rank of consumers’ priority.
Originality/value
This paper provides instruments to measure the impact of Indonesia’s domestic gas allocation policy. Finding the best hierarchy of consumer priorities is essential for maximizing added value of natural gas for the national economy.
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Brenda Sternquist, Carol A. Finnegan and Zhengyi Chen
China’s economy is transforming at a brisk pace. A partially dismantled command economy and introduction of competition have fueled consumer demand for a greater selection of…
Abstract
China’s economy is transforming at a brisk pace. A partially dismantled command economy and introduction of competition have fueled consumer demand for a greater selection of innovative new products in the retail market. The challenge for retail buyers is to adjust their procurement processes to respond to consumer needs in an efficient and effective manner. This study examines factors influencing buyer‐supplier relationships in a transition economy. We present a model to explain the factors driving retail buyer dependence on suppliers. We find that retailer evaluation of supplier credibility mediates the relationship between retailer perceptions of a supplier ability to add value to its business and the ability to achieve its desired goals. In part, this is due to the supplier’s market orientation. Interestingly, guanxi ties have no impact on the retailer perceptions of the supplier credibility, but have a positive affect on retailer dependence on its supplier partners.
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In four years, Twitter has grown from a fledgling text message-based start-up company to a powerful communication tool embraced by companies worldwide as a mandatory marketing…
Abstract
In four years, Twitter has grown from a fledgling text message-based start-up company to a powerful communication tool embraced by companies worldwide as a mandatory marketing tool. This chapter outlines the growth of the service, how it has changed communication, and the basic knowledge needed to use the service. The chapter expands on that basic knowledge to demonstrate how the service can be used in a higher education setting. Based on the overarching principle that all social media should involve two-way communication, this chapter provides a basic strategy for departments in all colleges and universities – admissions, media relations, career center, alumni, and more – to Act and Interact on social media to boost school pride, develop relationships, and build brand equity. Finally, because social media is an ever-evolving medium, this chapter outlines some of the cutting edge uses of Twitter that are likely to develop over the next five years.