The Economic Impacts of Information and Communication Technology In The Hungarian Economy

As the author could not find a reassuring mathematical and statistical method in the literature for studying the effect of information communication technology on enterprises, the author suggested a new research and analysis method that he also used to study the Hungarian economic sectors. After a brief introduction to the theoretical background of the Information Age, the author examines the question of what factors have an effect on their net income is essential for enterprises. First, the potential indicators related to economic sectors were studied, then the author compared those indicators to the net income of the surveyed enterprises. The data resulting from the comparison showed that the growing penetration of electronic marketplaces contributed to the change of the net income of enterprises in various economic sectors to the extent of 37 %. Among all the potential indicators, only the indicator of electronic marketplaces has a direct influence on the net income of enterprises. It was practical to determine two clusters based on the potential indicators

EMERGING TRENDS IN THE NEW FOOD ECONOMY: CONSUMERS, FIRMS AND SCIENCE

Seven trends that emerge in the new global economy will be identified followed by a discussion of how they evolved and what they imply for public policy and for various types of firms and consumers. Some have called it the "brave new world" of food production and consumption. Some dislike what they see, others fear it, and many embrace it. The new food economy involves many non-food firms that provide ancillary services and products. They go way beyond the familiar farm input suppliers to consulting firms for software and data analysis, to electronic system designers, to engineers of food and packaging, to biological and physical scientists who redesign the food itself. Together, they make the food system work for consumers and for those firms that are receptive to new technology and new ways of doing business.Food Consumption/Nutrition/Food Safety, Industrial Organization, International Relations/Trade,

what is missing between agricultural growth and infrastructure development ? cases of coffee and dairy in Africa

Although it is commonly believed that aggregate economic growth must be associated with public infrastructure stocks, the possible infrastructure needs and effects are different from industry to industry. The agriculture sector is typical. Various infrastructures would affect agriculture growth differently depending on the type of commodity. This paper finds that a general transport network is essential to promote coffee and cocoa production, perhaps along with irrigation facilities, depending on local rainfall. Conversely, along with the transport network, the dairy industry necessitates rural water supply services as well. In some African countries, a 1 percent improvement in these key aspects of infrastructure could raise GDP by about 0.1-0.4 percent, and by possibly by several percent in some cases.Transport Economics Policy&Planning,Economic Theory&Research,Crops&Crop Management Systems,Food&Beverage Industry,Rural Development Knowledge&Information Systems

Competing in the Digital Economy?: The Dynamics and Impacts of B2B E-commerce on the South African Manufacturing Sector

ICTs, B2B e-commerce, manufacturing sector, South Africa

The State of Information and Communication Technology in Hungary – A Comparative Analysis

A novel comparative research and analysis method is proposed and applied on the Hungarian economic sectors. The question of what factors have an effect on their net income is essential for enterprises. First, the potential indicators related to economic sectors were studied and then compared to the net income of the surveyed enterprises. The data resulting from the comparison showed that the growing penetration of electronic marketpalces contributed to the change of the net income of enterprises in various economic sectors to the extent of 37%. Among all the potential indicators, only the indicator of electronic marketplaces has a direct influence on the net income of enterprises. Two clusters based on the potential indicators were indicated

The Impact of ICT on Economic Sectors

As the author could not find a reassuring mathematical and statistical method in the literature for studying the effect of information communication technologyon enterprises, the author suggested a new research andanalysis method that he also used to study the Hungarian economic sectors. The question of what factors have an effecton their net income is vital for enterprises. The highest increment of specific Gross Value Added was produced by thefields of ‘Manufacturing’, ‘Electricity, gas and water supply’,‘Transport, storage and communication’ and ‘Financialintermediation’. With the exception of ‘Electricity, gas andwater supply’, the other economic sectors belong to the groupof underdeveloped branches (below 50%).On the other hand, ‘Construction’, ‘Health and social work’and‘Hotels and restaurants’ can be seen as laggards, so theygot into the lower left part of the coordinate system.‘Agriculture, hunting and forestry’ can also be classified as alaggard economic sector, but as the effect of the compoundindicator on the increment of Gross Value Added was lesssignificant, it can be found in the upper left part of thecoordinate system. Drawing a trend line on the points, it can bemade clear that it shows a positive gradient, that is, the higherthe usage of ICT devices, the higher improvement can bedetected in the specific Gross Value Added

New Trends in Development of Services in the Modern Economy

The services sector strategic development unites a multitude of economic and managerial aspects and is one of the most important problems of economic management. Many researches devoted to this industry study are available. Most of them are performed in the traditional aspect of the voluminous calendar approach to strategic management, characteristic of the national scientific school. Such an approach seems archaic, forming false strategic benchmarks. The services sector is of special scientific interest in this context due to the fact that the social production structure to the services development model attraction in many countries suggests transition to postindustrial economy type where the services sector is a system-supporting sector of the economy. Actively influencing the economy, the services sector in the developed countries dominates in the GDP formation, primary capital accumulation, labor, households final consumption and, finally, citizens comfort of living. However, a clear understanding of the services sector as a hyper-sector permeating all spheres of human activity has not yet been fully developed, although interest in this issue continues to grow among many authors. Target of strategic management of the industry development setting requires substantive content and the services sector target value assessment

COMBINING QUANTITATIVE AND QUALITATIVE APPROACHES TO RURAL DEVELOPMENT ANALYSIS: THE CASE OF AGRICULTURAL INTENSIFICATION IN LEBANON

While peripheral rural regions in Lebanon face typical problems of lagging development and economic marginalisation, they have not been regarded as a priority for policy-makers, and significant disparities between these and other regions have emerged as a result. Local extensionists have encouraged technological innovation as a means to improving farmers’ livelihoods, and this has led to increasing input use and an intensification of agricultural production. This paper applies contrasting quantitative and qualitative methodologies to analyse the effects of such changes at the level of the overall economy of Lebanon and also to explore the impacts on rural households. A Computable General Equilibrium (CGE) model explores several simulation scenarios in which agricultural output increases due to intensification in the use of intermediate inputs. The results are evaluated at local level through the use of qualitative case-study analysis carried out in the Hermel region of northeast Lebanon. Quantitative simulations indicate that, while intensification has a positive effect overall on the Lebanese economy, the effects on rural households and the income of farmers are negative; the case-study demonstrates that, at local level, agricultural trade liberalisation, increased agricultural output and greater volatility of commodity prices has resulted in farmers opting for lower input use and more secure market forms of production.Community/Rural/Urban Development,