scholarly journals Understanding the demand side and coordinating the supply side for connected goods and services

2010 ◽  
Vol 4 (1-2) ◽  
pp. 17-23
Author(s):  
Gro Ladegård ◽  
Eirik Romstad
Keyword(s):  
Consumer Preferences ◽  
Value Added ◽  
Supply Side ◽  
Demand Side ◽  
Coordination Networks ◽  
Goods And Services ◽  
New Information ◽  
Production Space ◽  
Human And Social Capital ◽  
Two Sides

This paper addresses the coordination and innovation issues needed for promoting value added at the rural and regional level. There are two sides to value added: the ability to meet consumer demand, and to identify least cost ways of supplying the demanded goods. Human and social capital plays an important role on both sides. At the municipality level the supply side issues are complex. First, because the production space has far more dimensions than for the single entrepreneur. Second, because the value of some goods and services produced depend on what other goods and services that is available. On the supply side networks are important to solve the coordination issues, while networks for identifying and understanding consumer preferences are important on the demand side. Participation in these two network types compete for the same scarce resource, the time of the inhabitants of a municipality. We address these issues in more detail. A major insight from our work is that in addition to the time conflict, innovation and new information may make it more difficult to maintain coordination networks.

scholarly journals The importance of evaluation of economic determinants in public procurement processes in Slovakia in 2010–2016

2017 ◽  
Vol 8 (3) ◽  
Author(s):  
Andrea Tkacova ◽  
Beata Gavurova ◽  
Jakub Danko ◽  
Martin Cepel
Keyword(s):  
Negative Impact ◽  
Public Procurement ◽  
Value Added ◽  
Supply Side ◽  
Economic Determinants ◽  
Goods And Services ◽  
Limit Orders ◽  
Survey Sample ◽  
The Impact

Research background: Public procurement is designed to efficiently spend public sector financial resources. This should lead to savings in public funds. Domestic and foreign studies point to the fact that sufficient competition on the supply side is the condition for achieving those savings. Slovakia currently belongs to a group of countries with low competition on the supply side of the tender. Every year, about 10,000 tenders will be made in Slovakia for 5 billion Eur. However, contracting authorities have difficulty with establishing the estimated contract value and defining non-discriminatory criteria. On the other hand, contractors lack the expertise to prepare tenders, specifications are often tailored to specific bidders or products, and the price criterion has a negative impact on the quality of the goods and services purchased. Purpose of the article: The aim of the study was to investigate the impact of selected efficiency determinants on savings in public procurement in Slovakia in 2010–2016. The number of bids, the subcontractor's participation, the narrower competition and the impact of the narrower competition and the expected price on the number of bids have been examined. Methods: The survey sample consisted of 800 randomly selected public procurement con-tracts from different sectors in 2010–2016. The contracts were split on the basis of the median estimate of the above-limit (409 contracts) and below-limit (391 contracts) contracts; the divestment value was the estimated price of 400,000 Euro (without the tax). Findings & Value added: The number of offers positively influences the creation of savings in public procurement, an average of 5-6%. The impact of a narrow competition was significant, which led to a decrease in savings of 3-4% compared to the open competition if the sample was 800 contracts and over 400,000 Euro (without the tax). For below-limit orders, this determinant was shown to be statistically insignificant. The size of the contract did not affect the number of successful candidates. Also, the negative impact of narrower competition on the number of tenders was demonstrated. These findings are in line with the presented research studies. In the future, we plan to perform sectoral analyses to verify the validity of the hypotheses under review based on the results of our research.

Consumer Preferences and Attitude towards Car Purchasing Decision - An Empirical Analysis of Lucknow City

2013 ◽  
Vol 3 (2) ◽  
Author(s):  
Dr. Yasir Arafat Elahi
Keyword(s):  
Consumer Preferences ◽  
Consumer Attitude ◽  
Vehicle Ownership ◽  
Global Trends ◽  
Goods And Services ◽  
Northern India ◽  
Rapid Economic Growth ◽  
New Information ◽  
Fast Pace ◽  
And Behavior

Encouraged by rapid economic growth, personal vehicle ownership in India is increasing at very fast pace. This paper shows survey of People in Lucknow, a representative city in Northern India, to analyze preferences (Personal vehicle- Cars) of consumers in the Indian market. The Consumer lifestyle and the Psychographic impact on the consumer attitude and behavior has been a priority area in Consumer behavior. The recent trends show, Indian Consumer attitude is moving along with global trends and change in behavioral patterns of consumers over the years has been due to several demographic factors. Consumers use attitude as a frame of reference to judge new information or objects. Ultimately the consumer attitudes, which are learnt and stored in memory, play a crucial role in decision making to purchase goods and services. There is a rapid increase in the growth of car purchasers in Lucknow city, especially among people with increasing income and youth. Many Automobile companies are attracted towards this market and initiating academician to conduct research for customer’s preferences and factors that influence the car purchasers. The objective of this research is to highlight factors that affect car sales with relationship between demographic variables and purchases of cars. This research can be used as beneficiary information of consumer preferences, to increase the volume of sales.

scholarly journals Nature of Indonesia’s Deindustrialization

2020 ◽  
Vol 9 (2) ◽  
pp. 220-232
Author(s):  
Muhammad Irfan Islami ◽  
Fithra Faisal Hastiadi
Keyword(s):  
Regression Analysis ◽  
Manufacturing Sector ◽  
Descriptive Analysis ◽  
Value Added ◽  
Downward Trend ◽  
Supply Side ◽  
Demand Side ◽  
Policy Makers ◽  
Productivity Data ◽  
Per Capita

This research aims to identify the nature of deindustrialisation on Indonesia’s economy. To test the negative deindustrialisation, this research performed a descriptive analysis on value-added, export-import, and productivity data of manufacturing sector. To test the premature deindustrialisation, this research conducted a regression analysis to create a simulation of value of GDRP per capita at the top of industrialization taken place on Indonesia’s economy. Descriptive analysis shows that deindustrialization in Indonesia prevails with downward trend of value-added, trade performance, and productivity of manufacturing sector. Subsector analysis also shows that manufacturing subsectors having high value added experienced negative trend in all mentioned indicators. The result of premature deindustrialization model regression shows that the peak of industrialization in Indonesia achieved at lower level income per capita compared to several thresholds of premature deindustrialization. Those results show that negative and premature deindustrialisation prevailed in Indonesia’s economy.  The consequence of these research’s results is to promote the politics of reindustrialization. There are several recommendations for policy makers to enhance performance of manufacturing sector. From demand-side, it is important to expand market of manufacturing product internationally and domestically. From supply side, the policy makers should increase the investments and insentives for businesses.

Supply Chains and Segment Profitability: How Input Pricing Creates a Latent Cross-Segment Subsidy

2011 ◽  
Vol 86 (3) ◽  
pp. 805-824 ◽  
Author(s):  
Anil Arya ◽  
Brian Mittendorf
Keyword(s):  
Supply Chains ◽  
Wholesale Price ◽  
Value Added ◽  
Supply Side ◽  
Demand Side ◽  
Predatory Pricing ◽  
Contribution Margin ◽  
Relative Contribution ◽  
Brand Recognition ◽  
Downstream Reach

ABSTRACT: Recent years have seen an increased emphasis on developing more precise accounting measures of market- and customer-level profitability. By their very nature, such segment profitability measures may unwittingly neglect complementarities. Such complementarities have been widely recognized on the demand side due to brand recognition, predatory pricing, or interdependent products. We develop a model showing that important supply-side complementarities can also be prevalent. In particular, when a firm relies on a self-interested supplier for inputs used across multiple segments, the wholesale price it pays depends on the average profitability of its segments. Taking such interaction between upstream pricing and the firm’s downstream reach into account, the model shows that: (1) segment profit calculations can understate or overstate the value added by the segment depending on the segment’s relative contribution margin, and (2) the firm sometimes benefits from devoting resources to less profitable segments and perhaps even from serving seemingly unprofitable markets and/or customers.

scholarly journals ANALYSIS OF BASE AND COMPETITIVE COMMODITIES OF CROP SUBSECTOR AND ITS EFFECT ON GDRP GROWTH OF LANGKAT REGENCY

2021 ◽  
Vol 9 (2) ◽  
pp. 35
Author(s):  
Khalish Khairina ◽  
Mrs Fitrawaty
Keyword(s):  
Economic Growth ◽  
Supply And Demand ◽  
Least Square ◽  
Regression Result ◽  
Supply Side ◽  
Food Crops ◽  
Demand Side ◽  
Ordinary Least Square ◽  
Goods And Services ◽  
Positive Effect

Economic Growth is one of indicator which commonly used to observe economic development in a region. Conceptually, economic growth of a region is determined by sector values in producing goods and services. GDRP of Langkat regency is mostly dominated by agriculture, forestry and fisheries sector. Food security that Langkat Regency plan to be achieved really depends on food crops’ supply. However crops’ contribution is decreased every year. Therefore, it’s needed to examine which leading and highly competitive crops’ commodities. This study aimed to determine and analyze a base and competitive crops’ subsector and its effect on GDRP Langkat Regency. LQ was used to determine the base and non base commodities. While the analysis of RCA and MCI were used to see the commodities competitiveness. and to analyse its effect by using Ordinary Least Square. The type of data used was time series since 1996 to 2015 by using Eviews 7.0. Data was obtained from BPS Langkat Regency and Agriculture Department of Langkat Regency. The result of this study showed that paddy, corn, soybean and mungbean were base commodities of crops with average LQ > 1. This study also showed that paddy, corn, soybean and mungbean were highly competitive commodities with average RCA > 1. Average MCI each commodities is > 0,75 showed that commodities trade’s less spread (concentrated). Regression result showed that paddy  has positive effect on GDRP growth in supply side (prob RCA 0,0035 < 0,05). Corn also showed that has positive effect on GDRP growth in supply and demand side (prob RCA 0,0016 < 0,05 and MCI 0,0193 < 0,05). Soybean showed that has positive effect on GDRP growth in production supply (LQ 0,0032 < 0,05) and Mungbean also showed that has positive effect on GDRP growth in production supply (LQ 0,0001 < 0,05).

scholarly journals ANALYSIS OF BASE AND COMPETITIVE COMMODITIES OF CROP SUBSECTOR AND ITS EFFECT ON GDRP GROWTH OF LANGKAT REGENCY

2021 ◽  
Vol 9 (2) ◽  
Author(s):  
Khalish Khairina
Keyword(s):  
Economic Growth ◽  
Supply And Demand ◽  
Least Square ◽  
Regression Result ◽  
Supply Side ◽  
Food Crops ◽  
Demand Side ◽  
Ordinary Least Square ◽  
Goods And Services ◽  
Positive Effect

Economic Growth is one of indicator which commonly used to observe economic development in a region. Conceptually, economic growth of a region is determined by sector values in producing goods and services. GDRP of Langkat regency is mostly dominated by agriculture, forestry and fisheries sector. Food security that Langkat Regency plan to be achieved really depends on food crops’ supply. However crops’ contribution is decreased every year. Therefore, it’s needed to examine which leading and highly competitive crops’ commodities. This study aimed to determine and analyze a base and competitive crops’ subsector and its effect on GDRP Langkat Regency. LQ was used to determine the base and non base commodities. While the analysis of RCA and MCI were used to see the commodities competitiveness. and to analyse its effect by using Ordinary Least Square. The type of data used was time series since 1996 to 2015 by using Eviews 7.0. Data was obtained from BPS Langkat Regency and Agriculture Department of Langkat Regency. The result of this study showed that paddy, corn, soybean and mungbean were base commodities of crops with average LQ > 1. This study also showed that paddy, corn, soybean and mungbean were highly competitive commodities with average RCA > 1. Average MCI each commodities is > 0,75 showed that commodities trade’s less spread (concentrated). Regression result showed that paddy  has positive effect on GDRP growth in supply side (prob RCA 0,0035 < 0,05). Corn also showed that has positive effect on GDRP growth in supply and demand side (prob RCA 0,0016 < 0,05 and MCI 0,0193 < 0,05). Soybean showed that has positive effect on GDRP growth in production supply (LQ 0,0032 < 0,05) and Mungbean also showed that has positive effect on GDRP growth in production supply (LQ 0,0001 < 0,05).

scholarly journals Knowing and Unknowing Purchases of Undeclared Healthcare Goods and Services: The Role of Vertical and Horizontal Trust

2021 ◽  
Vol 18 (21) ◽  
pp. 11561
Author(s):  
Ioana Alexandra Horodnic ◽  
Colin C. Williams ◽  
Alexandru Maxim ◽  
Iuliana Claudia Stoian ◽  
Oana Carmen Țugulea ◽  
...  
Keyword(s):  
Regression Analysis ◽  
Informal Economy ◽  
Healthcare Sector ◽  
Supply Side ◽  
Demand Side ◽  
Goods And Services ◽  
Policy Measures ◽  
First Time ◽  
Made In

Although major advances have been made in relation to explaining the supply side of the informal economy, this is not the case for the demand-side of the informal economy. This study analyses for the first time the purchasers of undeclared goods and services in the healthcare sector. To evaluate the purchase of undeclared healthcare goods and services, logistic regression analysis and robustness tests are used on 3048 interviews in Cyprus, Greece, Italy and Malta. The finding is that an important share of the purchasers make this type of purchase unknowingly. However, no difference in terms of socio-economics characteristics of those who knowingly and those who unknowingly made purchases of undeclared healthcare goods and services was identified. Meanwhile a significant influence of trust (in government and in other citizens) has been identified in relation to those who made these purchases knowingly. As such, policy measures aimed at decreasing unknowing purchases and at nurturing trust are discussed in the concluding section.

scholarly journals Consumer preferences for Certified Wines in France: A Comparison of Sustainable Labels

2021 ◽  
Author(s):  
Adeline Alonso Ugaglia ◽  
Britta Niklas ◽  
Wolfram Rinke ◽  
Jeff Gow ◽  
Daniel Moscovici
Keyword(s):  
Neural Network ◽  
Artificial Neural Network Model ◽  
Consumer Preferences ◽  
Wine Industry ◽  
Supply Side ◽  
Demand Side ◽  
Wine Production ◽  
Social Challenges ◽  
Lack Of Information ◽  
Willingness To Buy

The wine industry has faced various environmental and social challenges. On the demand side, consumer demand for sustainable wines has been increasing but, to date, it is unknown whether consumers perceive wine companies’ efforts to obtain sustainable development (SD) certifications and labels as being valuable or how they differentiate them. On the supply side, sustainable wine production is increasing but producers report a lack of information to engage and select their SD strategy. This article uses a logistic regression and an artificial neural network model to show how French consumers differentiate and value different SD labels (Organic, Biodynamic, Sustainable, Fairtrade, Natural). Results show that consumers’ willingness to buy and willingness to pay are influenced by the importance each consumer gives to the certification. For all other drivers, consumers differentiate between labels, highlighting the importance of comparison between and knowledge about each of them, thereby aiding producers in choosing an appropriate marketing strategy.

scholarly journals Determinant Factors on Indonesia Economic Growth

2020 ◽  
Vol 3 (1) ◽  
pp. 252
Author(s):  
Revan Adityara
Keyword(s):  
Economic Growth ◽  
Capital Accumulation ◽  
Aggregate Demand ◽  
Least Square ◽  
Supply Side ◽  
Demand Side ◽  
Analysis Method ◽  
Ordinary Least Square ◽  
The Impact ◽  
Two Sides

Indonesia's economic growth has not been able to become an accelerator of efforts to overcome unemployment and poverty. Indonesia's economic growth is still too small even since 2011-2015 tends to experience a significant decline. Analysis of the factors that influence economic growth can be approached through two sides, namely from the supply side (supply-side economics) and the demand side (demand-side economics). This research was conducted with two approaches, namely from the supply side, by looking at the impact of capital accumulation. The data analysis method used in this research is multiple linear regression using the Ordinary Least Square (OLS) model, which was previously performed first using the classic assumption test to ensure that the model used meets normality assumptions and does not contain multicollinearity, heteroscedasticity, and serial correlation so meet the Best Linear Unbiase Estimate (BLUE) assumption.. This finding is in line with economic theory, both based on the aggregate supply side, and the aggregate demand side

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