Measuring the economic benefits of the Youngsan River Restoration Project in Kwangju,Korea, using contingent valuation

This study examines the economic benefits of a river restoration project in the Youngsan River, Kwangju, Korea, using a contingent valuation method. It employs a spike model to address the high proportion of zero responses. The results indicate that a household's annual mean willingness to pay is KRW3410 in Kwangju and KRW1744 in other regions. The resulting benefit-cost ratio is 2.29, indicating that the project would be socially profitable, and that households appear willing to support it financially.     

Institutional factors affecting fish passage in the Columbia River Treaty renegotiation

ABSTRACT

The United States and Canada have begun renegotiating the Columbia River Treaty, which is an international model for transboundary water governance. This paper identifies six institutional factors that will affect negotiations pertaining to fish passage during the renegotiation of the treaty: geographical advantage, issue linkage, a basin commission, the duration of agreements, negotiating autonomy and side payments. These factors and the methods used to determine them can be applied to other transboundary river basins where basin states have a history of transboundary resource governance. This analysis also serves as a policy-relevant resource for Columbia River Treaty negotiators and stakeholders.     

Biofouling control by quorum sensing inhibition and its dependence on membrane surface

Biofouling control by quorum sensing (QS) inhibition and the influence of membrane surface characteristics on biofilm formation and QS inhibition were investigated. Pseudomonas putida isolated from the bio-fouled reverse osmosis (RO) membranes in a real plant was used. Acylase was chosen as a model QS inhibitor. Bacteria on the membrane coupons were quantified with the heterotrophic plate count method. Cell distribution was imaged by a confocal laser scanning microscope. Results showed that biofilm formation on the membrane was reduced by acylase as it inhibits the activity of N-acylhomoserine lactone (AHL) which is a signal molecule of QS. It was also shown that membrane surface characteristics were influential factors affecting bacterial adhesion, biofilm formation, and QS inhibition.     

Advertising, Its Determinants, and Market Structure

This study derives a formal model of firm advertising behavior and applies it to the industry level to figure out the relationship between advertising and market structure. The firm advertising model shows that both consumer preference andfirm-specific advertising competence jointly determineprofit-maximizing advertising intensity. At the industry level, advertising intensity is represented multiplicatively by consumer preference and a measure of market structure, which reflects the joint distribution of the levels of advertising competence and market shares among firms. The new market structure measure suggests that those single-dimensional measures of market structure such as seller concentration and the Herfindahl index are inadequate in explaining interindustry differences in advertising intensity, and that the long-debated advertising-concentration relationship differs depending primarily on the appropriability of advertising. An empirical analysis of 426 five-digit Korean manufacturing industries shows that an inverted U-shaped relationship between the Herfindahl index and industry advertising intensity is observed for consumer goods industries but a lazy J-shaped relationship for producer goods industries.     

A Rough Set Based Model in Water Quality Analysis

Due to pollution caused by the expansion of human activities and economic development, water quality has gradually deteriorated in many areas of the world. Therefore, analysis of water quality becomes one of the most essential issues of modern civilization. Integrated interdisciplinary modeling techniques, providing reliable, efficient, and accurate representation of the complex phenomenon of water quality, have gained attention in recent years. With the ability to deal with both numeric and nominal information, and express knowledge in a rule-based form, the Rough Set Theory (RST) has been successfully employed in many fields. However, the application of RST has not been widely investigated in water quality analysis. The reducts generated by RST models become very time-consuming as the size of the problem increases. Using multinomial logistics regression (MLR) techniques to provide reducts of RST models, this investigation develops a hybrid Multinomial Logistic Regression and Rough Set Theory (MLRRST) model to analyze relations between degrees of water pollution and environmental factors in Taiwan. Empirical results indicate that the MLRRST model could analyze water qualities efficiently and accurately, and yield decision rules for the staff of water quality management. Thus, the proposed model is a promising and helpful scheme in analyzing water quality.     

Asymmetric inflation dynamics: Evidence from quantile regression analysis

This paper applies the regression quantile approach developed by Koenker and Xiao (2004) to investigate the dynamic behavior of inflation in 12 OECD countries. By analyzing the behavior in a wide range of quantiles, this method allows us to quantify the influence of various sizes of shocks that hit the inflation, and is able to capture possible asymmetric adjustment of the inflation towards to its long-run equilibrium. It therefore sheds new lights on the inflation dynamics compared with the conventional unit root methodologies. Our results suggest that generally, the inflation rates are not only mean-reverting but also exhibit asymmetries in their dynamic adjustments, in which large negative shocks tend to induce strong mean reversion, and on the contrary, large positive shocks do not. Policy implications related to the empirical findings are also provided.     

Towards a hybrid model? A systematic review of human resource management research on Chinese state-owned enterprises (1993–2017)

Abstract

Over the past two decades, there has been a proliferation of research on human resource management (HRM) in Chinese state-owned enterprises (SOEs) as a result of the wide-reaching state-sector reform of the late 1980s. This article aims to provide a systematic review of literature on this topic and capture the nature of HRM in Chinese SOEs, both in research and practice. The article draws on 178 studies from 43 English academic journals over a period of 25?years (1993–2017). In analysing this literature and by taking stock of theoretical frameworks, research methods, themes and analysis of academic articles in this area, we have gained a number of insights. The study has found that the research methods used have shifted from qualitative and interpretive methodology toward quantitative and sophisticated modelling. A further insight is that there has been a relatively heavy reliance on institutional theory in the earlier studies reviewed, and since then a switch towards organizational behaviour perspectives. The level of analysis has moved from macro to micro level and thematic foci have become more diverse and complex. We highlight a number of avenues, theoretical and empirical, for future studies in this field.