CASH FLOW ACCOUNTING AND THE ALLOCATION PROBLEM

Cash flow accounting (CFA) proposals typically have included firm statements that CFA data are allocation-free. This is not entirely true if the term allocation is interpreted in a wide sense. However, it can be argued that most allocations can be avoided in CFA systems, and this paper is an attempt to present this argument. In particular, it aims to strengthen the case for CFA in practice.     

The bivariate non-central negative binomial distributions

Summary Four bivariate generalisations (Type I–IV) of the non-central negative binomial distribution (Ong/Lee) are considered. The Type I generalisation is constructed using the latent structure model scheme (Goodman) while the Type II generalisation arises from a variation of this scheme. The Type III generalisation is formed by using the method of random elements in common (Mardia). The Type IV is an extension of the Type I generalisation. Properties of these bivariate distributions including joint central and factorial moments are discussed; several recurrence formulae of the probabilities are given. An application to the childhood accident data of Mellinger et al. is considered with the precision of the Type I maximum likelihood estimates computed.     

THE IMPACT OF RURAL OUTMIGRATION ON REGION OF ORIGIN IN KOREA*

To assess the impact of rural outmigration on regions of origin, this paper borrows from international trade theory to develop a model of rural-to-urban migration. Borrowing from theories of nontraded goods and Dutch Disease, a model is developed for application to Korea. The model finds that rural outmigration can be detrimental to the rural sector when outmigration reduces farm profitability and triggers deterioration in the rural service sector. Farm profitability falls because of rising labor costs that cannot be passed on to consumers. The rural service sector falters when outmigration reduces market demand while raising input costs. County (kun) level Korean census data are used to test the model.     

Tourist behavioural intentions in relation to service quality and customer satisfaction in Kinmen National Park,Taiwan

This study assesses tourist satisfaction and its links with service quality using a hierarchical model that combines four primary determinants and eight corresponding sub‐dimensions. A sample of 616 tourists departing from Kinmen Airport was surveyed with a structured questionnaire after they had just visited Kinmen National Park. A series of analyses was performed to explore tourist satisfaction with the four main service quality attributes as well as their willingness of repeat visits and recommendation. As a result, it was consistently found that service quality has positive significant relationship with tourist satisfaction. It is thus suggested that national park managers have to satisfy tourists with a high level of service quality, based on the concept that service quality may have a significant influence on long‐term behavioural intentions through high levels of customer satisfaction. Copyright © 2010 John Wiley & Sons, Ltd.