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Effect of Income, Population, Government Spending, Export Goods and Services of Regional Economic Sector in Indonesia
Fransiskus Xaverius Lara Aba
Issue:
Volume 6, Issue 3, June 2018
Pages:
75-81
Received:
18 October 2017
Accepted:
6 February 2018
Published:
22 May 2018
Abstract: The results of data analysis for 25 years from 1991 to 2015 using regression models) showed that the value added of each economic sector in the State of East Indonesia was determined to be individually or by changes in per capita income. Thus according to the title Effect income, population, government spending, exports of goods and services to the primary sector of regional economic in East Nusa Tenggara Indonesia, a study was done to see the impact of per capita income, population, production empire and exports of goods and services to a core sector growth in East Nusa Tenggara Indonesia for development planning in the region? The objective of this study was to review and analyze the growth sectors of economy East Nusa Tenggara Indonesia to national economic growth, and effect of income per capita GDP, the total population of the government spending, exports of goods and services to growth in the primary sector, East Nusa Tenggara Indonesia. Analysis of growth and elasticity the display size of a correlation value added output of economic sectors due to changes in population and per capita income in region. The results of this analysis can be used to develop projections of economic growth rates and changes or shifts in economic structure in East Nusa Tenggara Indonesia. Emphasizes that GDP grew in the 1950s and 1960s [17]; [11] theory of economic growth can be achieved through capital investment or investment in large quantities in the industrial sector.
Abstract: The results of data analysis for 25 years from 1991 to 2015 using regression models) showed that the value added of each economic sector in the State of East Indonesia was determined to be individually or by changes in per capita income. Thus according to the title Effect income, population, government spending, exports of goods and services to the...
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Study on the Construction of the Performance Evaluation Index System of Fiscal Expenditure in China
Issue:
Volume 6, Issue 3, June 2018
Pages:
82-86
Received:
28 May 2018
Published:
28 May 2018
Abstract: The Nineteenth National Congress of the Communist Party of China put forward the full implementation of performance management. Thus, the importance of fiscal performance evaluation has risen to a new height. The performance evaluation index of fiscal expenditure is an important prerequisite for performance management. The performance evaluation index of fiscal expenditure policy refers to the assessment tool to measure the degree of achievement of fiscal expenditure policy performance goals. This paper study the performance evaluation indexes of fiscal expenditure policy from its basic framework and basic principles, categorization the indicators of fiscal expenditure performance evaluation system; make the evaluation of performance of fiscal expenditure more clearly. The construction of the performance evaluation index system of fiscal expenditure plays a very important role in evaluating the economy, efficiency and effectiveness of fiscal expenditure.
Abstract: The Nineteenth National Congress of the Communist Party of China put forward the full implementation of performance management. Thus, the importance of fiscal performance evaluation has risen to a new height. The performance evaluation index of fiscal expenditure is an important prerequisite for performance management. The performance evaluation in...
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China’s Supply-side Reform: Background, Theoretical Models and Implementation Paths
Issue:
Volume 6, Issue 3, June 2018
Pages:
87-97
Received:
27 April 2018
Accepted:
30 May 2018
Published:
15 June 2018
Abstract: Everything is changing. Drastic changes also take place in the international situation. This paper elaborates that human being is currently in the downward phase of the fifth long-term cycle after the industrial revolution, which is the global political and economic background of China’s supply-side reform. Seen from the supply-side, the author thinks that the main driving force for economic growth is the combination of labor, capital, land and natural resources, technological innovation, and system and also their comprehensive efficiency therefrom. From the viewpoints of these five major factors and their motion rule, the paper establishes a theoretical model for these factors and their motion rule in the supply-side structural reform and then clarifies the position of the government and the enterprise clearly. Further, based on long-term view and the theoretical model, the paper put forward that the main driving force to promote economic and social development and upgrading under the background of China’s supply-side structural reform is to release the potential of supply-side factors, to foster the “new economy” with new technological revolution as the core and to optimize the overall economic structure in China. The paper also suggests that China’s supply-side structural reform shall be based on the current situation, take a long-term view and implement the “three step” strategy.
Abstract: Everything is changing. Drastic changes also take place in the international situation. This paper elaborates that human being is currently in the downward phase of the fifth long-term cycle after the industrial revolution, which is the global political and economic background of China’s supply-side reform. Seen from the supply-side, the author thi...
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Understanding the Fundamentals of Talent Management for Effective Business Application
Abu Saleh Mohammad Sohel-Uz-Zaman
Issue:
Volume 6, Issue 3, June 2018
Pages:
98-103
Received:
19 June 2018
Published:
20 June 2018
Abstract: Organizations irrespective of the nature, sector, and regions, etc. want to attain the sustainable competitive advantage. Unfortunately, in the highly volatile business backdrop, traditional business strategies often fail to bring the desired result as expected. In the search for a new avenue, scholars are showing their keen curiosity towards the value-adding role of human resource. In the knowledge economy, it is believed that human intellect and talent can add value to the business in many ways. Consequently, there is a growing realization that competent and devoted human resource can play an important role in making an organization more effective, i.e. can help an organization to attain its sustainable competitive advantage. As an obvious reason, the concept of talent management could draw considerable attention across the world because of its core philosophy - ‘the right people in the right job’ which can make an organization efficient and effective. Despite the usefulness of talent management, often organizations express their disappointment that they are finding it difficult to implement this concept fruitfully and reap the benefit of it. From the initial investigation, it is revealed that there are a number of challenges in executing this concept. These are: the absence of a clear and precise definition of talent and talent management, the lack of standardized talent functions and processes, complexity in targeting people in the talent management scheme, aligning talent strategy and formulating a congruent talent strategy, and so on. The core objective of this literary paper is to address these problems as systematically as possible in order to learn the business application of talent management. It is presumed that HR practitioners, managers, business leaders would get a clear picture of it (talent management) and meaningful clues for its application. It is also believed that the discussion of this paper would contribute existing HR literature, too. Data and information have been collected through an extensive literature review, expert interview and personal experience for this exploratory paper.
Abstract: Organizations irrespective of the nature, sector, and regions, etc. want to attain the sustainable competitive advantage. Unfortunately, in the highly volatile business backdrop, traditional business strategies often fail to bring the desired result as expected. In the search for a new avenue, scholars are showing their keen curiosity towards the v...
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Research on Ordering Strategy of Perishable Products with Variable Demand
Issue:
Volume 6, Issue 3, June 2018
Pages:
104-109
Received:
19 June 2018
Published:
20 June 2018
Abstract: This paper mainly considers the influence of price on demand for perishable products. According to the characteristics of products and the condition of demand, demand is a function of price elasticity. Under the premise of allowing the shortage, this study constructs optimal inventory control model of perishable products by introducing the lost order coefficient and solves the model, improves the traditional inventory model. Using optimization method, which deduces the optimal ordering cycle, the optimal order quantity and the total inventory cost, etc. Through the example for the deterioration rate and service level to sensitivity analysis, the results show that as deterioration rate increases, the total inventory cost and sale price are on the rise, while the unit profit is decreasing; The service level is directly proportional to the selling price, inversely proportional to the total inventory cost and unit profit. This research provides a theoretical basis for firms in the efficient inventory management.
Abstract: This paper mainly considers the influence of price on demand for perishable products. According to the characteristics of products and the condition of demand, demand is a function of price elasticity. Under the premise of allowing the shortage, this study constructs optimal inventory control model of perishable products by introducing the lost ord...
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Spatial Spillover Effects of Financial Development on Regional Ocean Economy Growth of China Based on SDM
Jianyue Ji,
Huiwen Guo,
Weilong Wang
Issue:
Volume 6, Issue 3, June 2018
Pages:
110-117
Received:
19 June 2018
Published:
20 June 2018
Abstract: Based on partial differential analysis of Spatial Durbin Model (SDM), this paper selects provincial panel data of 11 coastal provinces in China from 2006 to 2014 to empirically study the spatial spillover effects of financial development on regional marine economy. The results show that there are significant spatial correlations in China's marine economy, and it is manifested as spatial exclusion, that is, there is a certain “congestion effect”. At this stage, Financial Interrelations Ratio (FIR) and Venture Capital (VC) have positive direct effects and negative spatial spillover effects on the development of marine economy. Government investment, on the contrary, has a negative direct effect and a positive spatial spillover effect on it. The impact of insurance on the marine economy is not significant.
Abstract: Based on partial differential analysis of Spatial Durbin Model (SDM), this paper selects provincial panel data of 11 coastal provinces in China from 2006 to 2014 to empirically study the spatial spillover effects of financial development on regional marine economy. The results show that there are significant spatial correlations in China's marine e...
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Establishment and Application of Multi-Factor Pricing Model in China A-Shares Market
Zhipeng Wu,
Jiayi Wang,
Benchang Wang
Issue:
Volume 6, Issue 3, June 2018
Pages:
118-123
Received:
19 June 2018
Published:
20 June 2018
Abstract: Quantified investment refers to quantitative investment model and the way of issuing orders by programming, so as to obtain stable returns. In recent years quantitative investment is increasingly valued by institutional investors and hedge funds in terms of its discipline, systematicness, timeliness and decentralization. From the perspective of the effectiveness of China's securities market and the development experience of foreign securities market, the prospect of quantified investment is worth looking forward to. However, domestic quantitative investment products still have shortcomings such as small overall size, single quantitative strategy, differentiation of strategic performance. Therefore, it is of great significance to study the new quantitative investment mode and to dig out new modeling ideas to enrich the quantitative investment products, improve the market scale and promote the development of quantitative investment. Based on the method indicated by Eugene Fama and Kenneth French and using public information from China A-share market. This paper attempts to establish a multi-factor model which is able to explain the stock price in Chinese stock market. The model is based on four fundamental factors, including liquidity, profitability, growth opportunity and earning revision. In addition, four fundamental factors are further derived to ten factors. The effectiveness of the ten-factor model is tested by using historical data. The results show that this model could beat the market standard effectively and provide relatively stable excess income.
Abstract: Quantified investment refers to quantitative investment model and the way of issuing orders by programming, so as to obtain stable returns. In recent years quantitative investment is increasingly valued by institutional investors and hedge funds in terms of its discipline, systematicness, timeliness and decentralization. From the perspective of the...
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An Mediated Effect Analysis of Purchasing Intention Under Social Media——from the Chinese Motion Industry
Yu Liu,
Li Zhang,
Shu-Yan Cao
Issue:
Volume 6, Issue 3, June 2018
Pages:
124-132
Received:
19 June 2018
Published:
20 June 2018
Abstract: In recent years, with the development of online social media and motion industry, online social media has more and more influence on movie marketing. How to improve consumers' purchase intention and purchase behavior through social media has been becoming a research hotspot among the scholars. Based on the Chinese market movie data from the product information, marketing interactive information, internet word-of-mouth, respectively, to verify the intermediary role of purchase intention, and then put forward the corresponding film marketing strategies according to the empirical results. The results showed that there was significantly positively correlated between the online word-of-mouth, marketing interactive information and purchase intention, among which the number of comments and topics had the greatest influence on purchase intention. In addition, the purchase intention could significantly affect the purchase behavior, verifying the purchase intention played a partial intermediary role in the overall consumption decision.
Abstract: In recent years, with the development of online social media and motion industry, online social media has more and more influence on movie marketing. How to improve consumers' purchase intention and purchase behavior through social media has been becoming a research hotspot among the scholars. Based on the Chinese market movie data from the product...
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