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

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

The significance of logistics in servicing growing volumes of e-commerce

Purpose: The article highlights the multi-task nature and prospects of the development of the transit potential of warehouse logistics systems, reveals the theoretical and methodological foundations of logistics in the storage and cargo handling system, indicates and confirms the importance of warehousing logistics in the context of servicing the growing volumes of electronic commerce. Design/Methodology/Approach: For the purposes of developing logistics in the storage and cargo handling system we study the technical and technological support and design developments that have significant potential for increasing the efficiency of logistics processes, and to study consumer behavior in the warehouse services market and transport market trends - warehouse activities. Findings: Automation significantly simplifies logistics processes, information exchange, remote control and management, optimizes costs by combining various market entities and objects, target groups and parameters of logistics processes on electronic platforms. Integration in modern logistics allows synchronizing the complex information component of electronic services and platforms and activating the formation of a system interface that is common for all elements of the logistics system of warehousing, cargo processing and inventory management. Practical implications: The results of the study can be implemented in the activities of Russian companies in order to develop the transit potential of warehouse logistics systems. Originality/value: The significance of this study lies in shifting the emphasis to the need to switch to improved customer service systems taking into account the needs and development of online retail and fulfillment of logistics operators (full-cycle operator: taking goods from the customer’s warehouse, responsible storage, packaging, delivery, work with returns), tied to the development of infrastructure, as the foundation for increasing the efficiency, speed and quality of logistics processes.peer-reviewe

Logistics real estate markets: indicators of structural change, linking land use and freight transport

The system of physical distribution that comprises transport and logistics, warehousing and wholesale, is an ideal indicator of structural change. Distribution and logistics have developed dynamically, with respect to new technologies, corporate restructuring, and a changing market environment. Whereas traditional logistics were characterized primarily by the demand of manufacturing customers for the shipment of bulk-commodities, modern production and service systems require frequent deliveries over great distances, with high inventory turnovers instead of storage. As a consequence, the locational profiles of distribution firms have changed as well, both at a large-scale level and within metropolitan regions. Based on recent findings of the European Warehousing Index, the paper points out how the European system of goods movement has changed in terms of regional distribution markets and warehousing location. Secondly, the consequences of locational dynamics within metropolitan regions are considered. The dominance of the truck and the suburbanisation of large distribution centres raise serious concern about logistics management, traffic reduction and locational policy. Referring to selected places such as the Ruhr Area, Hamburg or Berlin-Brandenburg, the paper demonstrates how critical the relationship between cities and goods distribution is becoming, with regard both to the regional economy and the urban environment. Is there a chance for regional, spatially oriented management of supply chains? In the case of the Ruhr Area, it is also questioned whether a certain 'knowledge milieu' (logistics research, applied sciences) may contribute to this goal. The particular benefits of investigating logistics real estate markets are fourfold: - They allow for a precise insight into regionally differentiated developments. - They connect the system of 'flows' with material 'space'. - They demonstrate that structural change is by no means neutral for the environment, regarding specific transport and land use implications of distribution. - They represent the emergence of new players in land use planning and policy (i.e. developers), thus shaping the system of political regulation.

An Economic Impact Analysis of the Nursery and Landscaping Industry in Washington State

This study shows the economic impact of the Washington State Nursery, Plant Materials and Landscaping industries on the Washington State economy. The analysis in this paper is based on 2002 Census of Agriculture and Census of Industry data, up-dated to 2005 and integrated into an IMPLAN based input-output (IO) model. The economic impact measured in this study relates only to Green Industry production and distribution sourced in the State of Washington. That is, the source of the product or service is firms located in Washington. Measured in 2002 dollars, the economic (direct and indirect) impact of the Green Industry in Washington is estimated to be $2.48 billion in sales and over 43,000 jobs. This report is organized as follows: In section 1, we give a brief overview of the study. In section 2, we present a brief literature review of other state studies made on Green Industry and their estimated economic impact. In section 3, we summarize the overall structure of Green Industry. In section 4 we discuss the research methodology. In section 5 we review the economic impact of Green Industry on the Washington economy as measured in our study, and section 6 concludes.green industry, regional economic impact, input-output analysis

Tracking the Economy of the City of Atlanta: Past Trends and Future Prospects

This report explores the changes in the level and composition of employment in the City of Atlanta over the last 25 years. FRC Report 17

Peculiarities in the Development of Special Economic Zones and Industrial Parks in Russia

open access journalThis paper investigates the process of developing and implementing Special Economic Zones (SEZs) and industrial parks in Russia. Governments commonly use SEZ policies to develop and diversify exports, create jobs, and launch technology and knowledge sharing. The industrial cluster concept is based on the significance of rivalry and supplier networks within the cluster, the combination of geographical specificities and government policies that lead to innovation and productivity growth. This study reveals that, in Russia, the government’s approach in developing these initiatives has strongly interfered with business activities and prevented the vital competitive and collaborative behavior of firms within these economic zones