Spiru Haret University: Open Journal Systems
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    347 research outputs found

    ECONOMIC INTERACTIONS ON THE CONSEQUENCES OF TRANSACTION COSTS

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    Transaction costs arise because of contracts between one party and another, between one institution and another, between individuals and institutions and so on. The purpose of this study aims to determine the concept of costs in economic transactions in modern economic transactions. By using a research method, namely library research. The results of this study are current conditions showing that the concept of economic transaction costs is something real and is practiced in economic activities. The fact proves that economic transaction costs are an inseparable part of economic activity, besides that economic transaction costs cannot be avoided in economic activity. Anyone who carries out economic activities must be faced with economic transaction costs

    Franchising as a strategy for job creation in the clothing sector: A case study of Walvis Bay

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    The franchise business model enjoys much support in both developed and developing countries. It is considered by many as a key contributor to economic growth and is also perceived as a vital vehicle for job creation. Unemployment rates in Namibia are currently a cause for concern and approaches are needed to stimulate job creation. This study reports on perceptions of franchising as a job creation strategy within the Walvis Bay area.  The study employed a mixed method research design and used a survey questionnaire and semi-structured interviews to collect data. A total sample of n=110 completed the questionnaire, while n=6 participants were interviewed. The study results indicate a rapid growth and awareness of the franchise model in the food sector, while less growth was evident in the clothing sector. The franchise model was however, seen as a key avenue for stimulating economic growth and viable job creation strategy. Stronger incentivization is recommended, specifically in the areas of tax exemptions, export processing zones, introduction of specific franchise legislation and more expansive monetary and fiscal policies

    POVERTY REDUCTION in CENTRAL JAVA PROVINCE INDONESIA THROUGH THE TOURISM SECTOR

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    This research studies the influence of the tourism sector GRDP on poverty in Central Java Province. The research uses quantitative methods with linear regression techniques using time series data. The data for this research is secondary data that spans 15 years, starting from 2005 to 2019, which is represented in semester data. The total sample used is 30 samples. After the Classical Assumption Test was performed then the data analyzed using Cobb-Douglas linear regression model with Ordinary Least Square (OLS) technique. The research results showed that Tourism Sector GRDP had a significant negative effect on poverty. Based on that tourism sector can be one of the most potential approaches to be developed for alleviating poverty in Central Java Province.

    TRENDS ANALYSIS IN GIG ECONOMY

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    This paper aims to research the main characteristics and trends of the freelancer’s market in temporary and occasional jobs in the Digital economy. The research was conducted by analyzing the content of reports of companies that hire freelancers, consulting companies and blogs of experts. The Digital economy is one of the results of the widespread application of information and communication technologies (ICT) that have influenced the transformation of the business model. Widespread application of ICT increased the flexibility of the work environment from the perspective of the place and time of work, as well as the way of engagement of the workforce. The application of ICT has expanded the scope and range of services available in today's market of temporary and occasional jobs. Contemporary companies in the Digital economy are increasingly focusing on their core competencies, leaving other jobs to external associates. The Gig economy refers to the engagement of labour in temporary and occasional jobs. Of the total number of employees in the USA during 2020, 36% worked as freelancers. Freelancers, during 2020, generated total revenue of US$ 1.2 trillion. Also, it is important to point out that a certain percentage of freelancers, currently, realize additional jobs in this way, but that there is a noticeable increase in the number of freelancers who accept this model of employment as the only way of permanent employment. Also, further growth in the number of freelancers in the world is predicted

    A CGE analysis of the impact of climate change on sustainable development: the case of High Plateaux region, Algeria

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    The aim of the paper is to assess the impact of climate change on sustainable development in the case of the High Plateaux region of Algeria. A baseline “climate change” scenario and an “adaptation” scenario were assessed as part of our work. The methodological approach implemented is broken down into three interconnected evaluation phases, pre-modelling phase, modelling phase and post-modelling phase. The work has shown that these complex ex-ante evaluation approaches are adaptable and applicable in the context of Algeria. Our findings indicate that climate change would have a significant impact on economic aggregates on a regional scale. It also highlighted that the calculation of a single index of the impact of environmental policies on the sustainability of arid regions confirms the hypothesis of gaining sustainability by working towards a strategy of adaptation to climate change

    VERTICAL INTEGRATION in AGRO-INDUSTRY: ECO-FRIENDLY GAMBIER PRODUCTS

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    Textile dyeing on fabrics and clothing causes environmental pollution and health problems. There is an innovation of natural coloring using gambier in the Gambo Muba fabric industry and the garment industry in Indonesia. Gambier farmers supply natural dye raw materials. Then through the supply chain of the Gambo Muba fabric industry and the garment industry, it causes vertical integration in the gambier agro-industry. This study uses primary data from 39 vertically integrated companies in the gambier agro-industry, including the gambier rubber industry, the Gambo Muba fabric industry, and the garment industry. The data was then analyzed using descriptive qualitative. This study analyzes the relationship between vertically integrated industries, including the transaction costs between them, their impact of vertical integration on added value, and their profitability. Vertically integrated industries have low transaction costs. The impact of vertical integration on the gambier agro-industry adds to the chain of economic activities that can increase added value and profits. The impact of vertical integration can reduce transaction costs, especially the supplier coordination cost component, distributor cost component, inter-company lobbying costs components. The benefits of vertical integration in the gambier agro-industry are increasing high added value, profit levels, decreasing environmental pollution, and agro-industry sustainability

    HOW POLITICAL and SOCIAL ATTITUDE COULD HELP to FULLY ADOPT THE CIRCULAR ECONOMY CONCEPTS FOR NATIONAL BENEFIT? A COMPARATIVE STUDY

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    This comparative study shows the way in which concepts like circular economy, innovation and competitiveness are understood, accepted and implemented in Romania and Serbia, countries with similar preoccupations for the European Union's recommendations and destiny.It is showed that the similar results obtained outline the lack of continuity in applying the resilient strategy for general development and the strategic role of investments as a pillar of modernisation. To build a resilient and modern society requires fundamental and complex changes in the political decision-makers' attitude and people's civic behaviour, linked on the circular economy principles, the need for substantial investments in top innovative research, high-tech products and adequate public policies of general interest

    ENVIRONMENTAL SANITATION, POVERTY AND STUNTING IN INDONESIA

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    Abstract. The high population growth is not followed by the growth of infrastructure procurement, which causes the phenomenon of excess demand for clean water and sanitation facilities and infrastructure and also currently Environmental Sanitation in Indonesia is still high, poverty is also high so the behavior of hygiene and sanitation poor food, causing infectious diseases accompanied by disorders such as decreased appetite and vomiting. This condition can reduce the nutritional status of children under five and have negative implications for the progress of child growth (stunting).  The purpose of this study is to see the relationship between environmental sanitation, poverty and stunting in 34 provinces in Indonesia for the period 2015-2017. The data used is secondary data during 2015-2017 in 34 provinces in Indonesia. method This uses the analytical approach used is the Granger causality and VAR panel data and spatially uses classic typology. Results: spatially it shows that Indonesia is classified as low stunting and low environmental sanitation (Quadrant III), while in terms of stunting and poverty, it is classified as high stunting and high poverty (Quadrant I) Keywords: Environmental Sanitation, Poverty, Stunting, Hygiene, Nutritio

    GERMANY IS AHEAD TO IMPLEMENT SUSTAINABLE CIRCULAR ECONOMY

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    This study tries to discuss aspects of application of circular economy (CE) in Germany. Since the start of the First Industrial Revolution (start in 1760), more than 260 years ago, there becomes enormous development in global linear economy (LE) on the basis of ‘take, make and dispose’. Modern various technologies, such as automobiles, electricity, telephones, mobile phones, transistors, airplanes, computers, and the internet have brought enormous change in production and consumption. But unsustainable side effects of LE are; loss of biodiversity, deforestation, environment pollution, climate change, etc. On the other hand, CE represents a sustainable economy. It keeps resources and materials, as long as, possible. The purpose of this study is to show the importance and beneficial effects of a realized CE on the economic, environmental and social sectors for the success of global sustainable development and the contribution of CE in Germany. Germany is the first country in the world that tries to implement CE by using technologies of waste and resource management

    MARKETING MIX STRATEGY DETERMINANTS AND SOCIAL MEDIA IN VETERINARY-BASED BUSINESS: EXPERIENCE FROM SERBIA

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    The paper is dedicated to testing the entrepreneurial idea of founding a service micro company in the field of veterinary medicine - Animal Care. The starting point is the theoretical aspect of marketing mix services observed through the prism of a specific company in the field of agribusiness. For the needs of the research, secondary sources were used and a survey was conducted which gave the results of the influence of the elements of marketing mix services on marketing communication towards the users of the company Animal Care. It was determined that the effects of promotion, especially in the field of digital marketing, directly affect the increase in sales of products and services, and thus the satisfaction of consumers & users in veterinary services. The results of the research provided answers to research questions and helped the entrepreneur to understand that selected elements of the marketing mix help in the promotion of products and services of Animal Care companies. Respondents showed interest in using the services of the Animal Care company with the help of the Animal Care android application and website as a selected distribution channel, but also for the promotion of new services and offers of the company

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