An econometric analysis of some major manufacturing industries

Hossain, Zakir; Bhatti, M. Ishaq; Ali, Zulficar

doi:10.1108/02686900410543895

Cited by 19 publications

(18 citation statements)

References 7 publications

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“…E. Karlsson, J. Liljevern [4], A. Yousefi [5], T. Niebel [6], F. Venturini [7] in their papers came to the conclusion that there is a positive relationship between the use of the Internet, ICT and increased productivity. In addition, research findings, which were covered in the papers of Z. Hossain, M. Ishaq Bhatti, Z. Ali [8], T. Pham, D. Nguyen [9], at the firm level show that ICTs can help increase the efficiency of enterprise management. In the papers [10][11], in analysing and modelling the impact of e-commerce parameters on economic development indicators, the Cobb-Douglas production function was used as an effective tool for determining the relationships between e-commerce and economic growth.…”

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confidence: 99%

Modern trends of impact on economic development of countries: e-commerce and R&D

Zatonatska¹,

Rozhko²,

Ткаченко³

2018

MMI

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The rapid development of information technology provides high growth rates of e-commerce. Today, e-business plays an important role in the structure of economies of advanced countries. In Ukraine, it develops more slowly than in neighbouring countries due to economic, social and political instability, low purchasing capacity of the population, lower demand for goods and services, devaluation of hryvnia, currency fluctuations, etc. However, domestic economists predict that the importance of e-commerce for the Ukrainian economy will increase annually. In such circumstances, the issue of identifying relationships between e-commerce and investment in research and development with the country's economic development becomes relevant as well as finding of tools for measuring the extent of e-commerce's impact on economic growth. The aim of the article is to construct a set of economic and mathematical models to assess the impact of e-commerce and investment in research and development on the country's economic development. Comparing the results of modelling in three countries, it has been determined that the value of e-commerce and R&D expenditures is more significant for GDP per capita growth in Ukraine and Poland due to the higher level of ICT development in Austria and its approximation to the saturation point relative to the growth rates of innovation industries. While comparing the levels of exposure to e-commerce and R&D costs in these countries, it was found that e-commerce occupies the first position only in Austria. While analysing the parameters of the models of three countries, it has been determined that GDP per capita is the most sensitive to changes in the indicators in the Ukrainian model. That demonstrates that the economy of Ukraine is less stable compared to Poland and Austria. Expenditure on R&D and e-commerce has a significant impact on the country's economic development and contributes to increasing of gross domestic product and productivity of manufacture.

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mentioning

confidence: 99%

Modern trends of impact on economic development of countries: e-commerce and R&D

Zatonatska¹,

Rozhko²,

Ткаченко³

2018

MMI

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“…When the input acts as exogenous variables, the production function is the right choice. Otherwise, Hossain et al [11] and Jono [12] stated that when output acts as an exogenous, the cost function is the right function to use.…”

Section: Measuring Efficiency Of Fuel Oil Usage In Pt Pln: a Short-rumentioning

confidence: 99%

Measuring Efficiency of Fuel Oil Usage in PT PLN: A Short-Run Analysis

Nababan

2018

SSRN Journal

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-This study aims to measure and to analyze the efficiency level of fuel oil usage in units of PT. PLN generation. The study result shows that until now the PLN is still operating in inefficiency condition, because of foil oil usage. The energy consumption level of fuel oil is less efficient compared with coal energy in generating electricity. Based on the short-term CobbDouglass analysis, the average decrease in oil fuel usage efficiency over the period 2011 -2015 is 17.21% per year. Allegedly, even though the portion has decreaseddue to the unsustainable supply of non-fuel fuel, it is important to maintain the use of fuel oil.The government is asked to continue evaluate the use of fuel oil inputs, diversify input energy and increase efficiency in producing electricity in Indonesia.

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“…The choice between these functions is usually carried out on the basis of the assumption of exogenous. If the input quantities are used as exogenous variables, the production function is the right choice to estimate, on the contrary, if the output is used as an exogenous variable, the cost function is the right function to estimate [15,16].…”

Section: Introductionmentioning

confidence: 99%

“…Basically, the Cobb-Douglas model is also a non-linear regression equation in the form of a function of appointment. The form of the model is as follows [11][12][13][14][15][16]:…”

Section: Introductionmentioning

confidence: 99%

Efficiency and Elasticity of Labor Use on Economic Sectors in Indonesia

Nababan¹

2019

Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)

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The research objectives are: (1) to analyze the level of efficiency and elasticity of the use of labor in Gross Domestic Product (GDP) based on economic sectors in Indonesia in the period of 2010-2016, (2) to find out the changes/ transformations in the use of labor among the economic sectors in Indonesia in the period of 2010-2016. The analytical method used is a descriptive and analytical method of the Cobb-Douglass production function. The results showed that during the period of 2010-2016 there had been a decrease in the efficiency of labor absorption in GDP at an average of 6.5% per year. The values of labor elasticity against GDP during the period 2010-2016 are inelastic (e <1) but it is still positive. This shows a tendency to decrease changes in employment absorption of GDP. There is still an incompatibility in the business field between the ability to contribute to GDP with the ability to absorb labor. When viewed from the contribution to GDP, the transformation from the agricultural sector to the industrial sector, the service sector field and other economic sectors have been successful, but when viewed from the absorption of labor, the transformation has failed.

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An econometric analysis of some major manufacturing industries

Cited by 19 publications

References 7 publications

Modern trends of impact on economic development of countries: e-commerce and R&D

Modern trends of impact on economic development of countries: e-commerce and R&D

Measuring Efficiency of Fuel Oil Usage in PT PLN: A Short-Run Analysis

Efficiency and Elasticity of Labor Use on Economic Sectors in Indonesia

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