Local Sales Research Articles

맛집 검색량이 지역 음식점업 매출에 미치는 영향 - 네이버 데이터랩 API를 이용하여

Objective : With increasing interest in restaurants, the number of broadcast content related to local travel destinations and food and social media posts related to restaurants is also increasing. Therefore, this study aims to find out whether the search volume for restaurants from 2016 to 2022 positively impacts local restaurant sales through empirical analysis. Methods : This study used NAVER Data Lab API to collect data on restaurant search volume in 16 regions in Korea. Then, this study conducted regression analysis using the panel fixed-effect model and the system GMM. Results : Search volume for restaurants positively affects regional restaurant sales. Regional economic size and overnight travel expenditures increased restaurant sales, but day trip expenditures decreased local restaurant sales. Implications : This study suggests that a strategic approach is needed to increase local restaurant sales and that it is essential to improve dwell time of tourists and interest in local food.

LOST and Found in Walmart: Walmart's Effect on Local Option Sales Tax (LOSTs) Adoption and Sales Tax Revenue

Throughout the period of adoption of Local Option Sales Taxes (LOSTs) by local governments research has found many causes and associations for adoption and utilization of LOSTs. This research explores the impact that the rise of Large Supply Chain retailers, which expanded along much the same timeline as LOSTs, had on the adoption of LOSTs and collection of sales tax revenue. Leveraging LOST adoption along different timelines in three states and hundreds of Walmart openings, a Cox Proportional Hazard Model is used to estimate the impact a Walmart opening has on time to adoption of LOST at the county level. A Difference in Difference with multiple validity and robustness checks is used to estimate the impact on sales tax collection. Results indicate that a Walmart opening has a large impact on the hazard ratio—indicating it speeds time to adoption. Unsurprisingly, this leads to larger sales tax revenue collections by host jurisdictions.

Behavioural patterns of leaders versus followers in setting local sales tax policy

AbstractSales tax has been a popular revenue source for local governments in 38 US states. In this fiscal climate, both horizontal and vertical tax competition are frequently observed. Local governments are concerned about adverse impacts thereof on their revenue as mobile shoppers react to tax rate changes by purchasing in lower‐tax jurisdictions. So far, few studies have accounted for potential endogeneity in the behavioural patterns of leaders versus followers in setting local sales tax policy. Using a 40‐year panel dataset from Texas, this study identifies leader municipalities in changing sales tax rates and examines how municipalities asymmetrically respond to multi‐tiered rate changes. The findings depict a crowding‐out story in vertical tax competition and reveal crowding‐in effects in horizontal competition, with leader municipalities immune to both effects.

Fully distributed convex hull pricing based on alternating direction method of multipliers

In certain power markets, due to the non-convex operation characteristics, generators adhering to the decisions of Independent System Operators (ISO) may struggle to recover costs through local marginal energy sales. ISOs impose discriminatory additional payments as incentives for generator compliance. Convex hull pricing is a unified scheme that significantly reduces these supplementary payments. The Lagrangian dual problem of the Unit Commitment (UC) problem is solved within the dual space to determine convex hull prices. To navigate the computational challenges posed by the real large-scale power systems, we propose a methodology for a global convergence distributed solution, which addresses the Lagrangian dual problem. This methodology is based on the Alternating Direction Method of Multipliers (ADMM) algorithm and incorporates convex hull cut planes to enhance computational efficiency. Moreover, a tight and compact UC model is employed to reduce the number of iterations. Numerical results indicate that if the convex hull descriptions of units can be obtained, our algorithm is capable of providing precise convex hull prices and high-quality solutions within a feasible timeframe, while also maintaining the confidentiality of individual subset unit information.

Can stimulus checks to households save the local economy? The impact of South Korea’s COVID-19 stimulus on small business sales

During economic downturns, stimulus checks are often used to help households but may fail to reach the most affected sectors, such as local small businesses during COVID-19. Although the aggregate impact of these measures is well-studied, their distributional effects on local economies are less explored. Using a difference-in-differences analysis, this study examines weekly local sales data during 2020 from Gyeonggi and Incheon, South Korea, to assess the impact of Gyeonggi’s stimulus, distributed to every household for spending exclusively at local stores, contrasting with Incheon’s lack of such stimulus. We find that Gyeonggi’s stimulus initially boosted local sales by 4.5%, though this impact gradually diminished. This translates into a local-sales multiplier of 1.09, indicating that more than distributed stimulus was spent due to spillover and propagation effects in local in-person spending. Our findings emphasize the importance of tailored fiscal policy designs and assessing the distributional impacts of fiscal measures.

Analisis Penerapan Iso 9001:22000 Terhadap Volume Penjualan Lokal

PT Indo Calli Plast experienced a decline in sales in 2015-2023. Therefore, the company is trying to increase product sales by implementing ISO 9001:22000 in 2023 so that it can compete to customer. This research aims to determine the conditions of ISO implementation at PT Indo Calli Plast and to determine the effect of implementing ISO 9001:22000 on local sales volume at PT Indo Calli Plast. This type of research uses qualitative descriptive research. Data collection techniques used questionnaires, observations and interviews at PT Indo Calli Plast. The data processing method in this research uses a semi-qualitative analysis method, namely a combination of qualitative and quantitative research. SPSS Data Processing, including: Validity and Reliability Test, Classic Assumption Test, Hypothesis Test. The results of this research: The implementation of ISO 9001:22000 has a positive and significant effect on the local sales volume of PT Indo Calli Plast. The results of the coefficient of determination test (R2) in the table above, obtained an R Square value of 0.844. This means that 84.4% of the Local Sales Volume at PT Indo Calli Plast is influenced by the ISO 9001:22000 Implementation variable, while the remaining 15.6% is influenced by other variables not explained in this research.

Pendampingan Pemasaran Digital Branding Kampung Malon

This Community Service Program aims to provide digital marketing and branding assistance to Kampung Malon, a local community with tourism potential and superior products. Through this assistance, it is hoped that the local community can utilize digital technology to enhance the promotion and visibility of Kampung Malon. The mentoring method involves direct training and guidance to the residents of Kampung Malon regarding the concepts of digital marketing and effective branding techniques. Practical steps such as creating digital content, managing social media, and implementing online marketing strategies will be taught and applied together with the local community. In addition, this program will also assist in building the brand identity of Kampung Malon, focusing on local values, product uniqueness, and tourism attractions. Through the active involvement of residents, it is expected that the positive image of Kampung Malon can be strengthened, inviting tourist interest and supporting local economic growth. The results of this assistance will be evaluated periodically to measure its impact on increasing tourist visits, local product sales, and community participation in digital marketing activities. The conclusion of this program will provide insights into the effectiveness of digital marketing and branding strategies in the context of local communities like Kampung Malon. Thus, it is hoped that this program can become a model that can be adopted by similar communities in various regions to enhance their economic and tourism potential through the utilization of digital technology

Challenges, Opportunities, and Threats of Textile Sector in Bangladesh:

The textile sector is the most important one in Bangladesh. It is the largest manufacturing sector in the country. The study focuses the present situation of this country’s warrants a new vision to accelerate and sustain growth, alleviate poverty, take advantage of new opportunities, threats and meet challenges of the future and how to play its rightful role in a competitive global market. The study was based on primary and secondary data followed by the statistical test like mean value, standard deviation, coefficient of variance, t-test etc. The textile sector, whose contributions to industrial GDP and employment are the highest in Bangladesh. DDMCL (Dacca Dyeing and Manufacturing Company Limited) has excellent production, sales and financial performance due to favourable local and foreign sales and satisfactory earning profit. The bright future of the garment sector has created a good demand for our yarn and fabrics and taps this opportunity; we need congenial business environment and backward linkage industries for the survival of our textile sector. In spite of that, in this study attempts has been made to find out some problems and identifying the challenges, opportunities and threats of DDMCL for the global market. This might be a good lesson for other Textile Industries of Bangladesh.

Geopolitical volatility and subsidiary investments

AbstractResearch SummaryWe examine how geopolitical volatility—the instability of bilateral political affinity between countries—affects foreign subsidiary investments. Building on prior work that shows that the level of political affinity between countries facilitates foreign investments, we argue that the volatility of political affinity impedes firms' ability to form expectations about stakeholder behavior and reduces subsequent investments in subsidiaries. We further argue that the effect of volatility of political affinity on foreign subsidiary investments is less pronounced when the level of political affinity between countries is high and when the firm has strong political connections at home. Our analyses examine 1054 US firms and their subsidiary investments in 106 countries from 2000 to 2015.Managerial SummaryGeopolitical risk has emerged as an important factor in foreign investment decisions in recent years. The rise of geopolitical tensions worldwide and the fragmentation of relationships between countries have introduced new dimensions to foreign investment risks. We study the propensity for sudden and unpredictable shifts in the political relationship between countries—that is, volatility of political affinity in their bilateral political relations—and its effect on firms' foreign subsidiary investments. We show that volatility of political affinity negatively affects the number of subsidiaries, employees, and local sales in the host country because when bilateral relations change suddenly, it is more difficult for multinational firms to predict how stakeholder behavior will impact the performance of their investments.

Disaggregated behavioral responses to willingness‐to‐pay for the electronic levy in Ghana

AbstractThis study investigates the disaggregated behavioral responses of mobile money users' willingness to pay for electronic levy payments in Ghana. We use cross‐sectional survey primary data and a probit regression estimation technique with its associated average marginal effects and check robustness with a linear probability model. The evidence from the study indicates that the disaggregated behavioral factors that drive willingness to pay for the e‐levy include individuals maintaining their current levels of electronic fund transfers, the intention to increase their electronic fund transactions, and intention to stop using electronic fund transfers that attract the e‐levy. Beyond the disaggregated behavioral responses, psychological (e.g., trust in government) and socioeconomic factors (individual income and gender) are identified as important drivers of willingness to pay for the e‐levy. We suggest that policies around e‐levies must not only focus on individual behavioral responses alone, as the drivers include behavioral, psychological, and socioeconomic factors.Related ArticlesAdegboye, Alex, Kofo Adegboye, Uwalomwa Uwuigbe, Stephen Ojeka, and Eyitemi Fasanu. 2023. “Taxation, Democracy, and Inequality in Sub‐Saharan Africa: Relevant Linkages for Sustainable Development Goals.” Politics & Policy 51(4): 696–722. https://doi.org/10.1111/polp.12547.Lachapelle, Erick, Thomas Bergeron, Richard Nadeau, Jean‐François Daoust, Ruth Dassonneville, and Éric Bélanger. 2021. “Citizens' Willingness to Support New Taxes for COVID‐19 Measures and the Role of Trust.” Politics & Policy 49(3): 534–65. https://doi.org/10.1111/polp.12404.Shock, David R. 2013. “The Significance of Opposition Entrepreneurs on Local Sales Tax Referendum Outcomes.” Politics & Policy 41(4): 588–614. https://doi.org/10.1111/polp.12028.

Commercial Tobacco Retailers Need to Be Included in Research on Policies Restricting the Sale of Menthol Cigarettes.

Menthol cigarettes are disproportionately marketed and advertised in the commercial tobacco retail environment in Black communities across the United States, contributing to menthol cigarette-related disparities and lower likelihood of successful quitting among Black people who smoke. Policies restricting retail sales of menthol cigarettes are aimed at preventing initiation, promoting quitting, and reducing related disparities. Structured phone interview surveys were conducted from January to July 2021 with commercial tobacco retailers in Los Angeles County, California, unincorporated communities with a high percentage of Black residents, eight months after a local policy restricting retail sales of menthol cigarettes and other flavored nicotine and commercial tobacco products became effective on May 20, 2020. Interviews examined menthol cigarette sales restrictions-related knowledge, attitudes, and practices. Among 22 retailers interviewed, most (86.4%) reported having knowledge of the local ban on menthol cigarettes, and more than half (54.5%) reported offering price promotions for menthol cigarettes. Additionally, more than half (54.5%) reported believing customers who buy menthol cigarettes would stop smoking altogether following the ban. Most retailers reported having knowledge of the menthol ban, yet half reported offering price promotions for menthol cigarettes. Findings suggest retail availability of menthol cigarettes in Los Angeles County unincorporated communities with a high percentage of Black residents, post ban. Public health and policy implications are discussed.

Traditional harvesting practices employed for freshwater turtles by the indigenous communities along Shilabati River, West Bengal, India

A survey was conducted through semi-structured interviews, involving 38 local fishermen of three villages in the Gangani region along Shilabati River in West Bengal, India. The survey revealed that three threatened species of turtles—Nilssonia gangetica, Nilssonia hurum, and Lissemys punctata—were clandestinely harvested by the riverine communities. These species are also being documented for the first time from this area, popularly called Jangal Mahal. N. gangetica was the most commonly harvested species, followed by L. punctata and N. hurum, mostly for consumption, local sale, and as traditional medicine. The most frequently used method for capturing turtles was the ‘multiple hook bait’; exclusively practiced by adult males of the fisher community, usually belonging to the age group 21–40 years, between February and June. The study indicated that the respondents knew that harvesting of turtles was clandestine, yet they continued to do so as their traditional right, as they believed minor catches will not harm local turtle populations. It is assumed that N. hurum, which is an endangered species, is already rare and on the brink of local extinction, whereas other two species are coping with the harvest in the specialized riparian habitat and adjacent ponds. In this study the harvesting of threatened turtle species was ardently associated with the socio-cultural customs rather than an economic compulsion but to check rising threat to these species, the uncontrolled harvest needs to be addressed urgently as a high priority conservation issue. This requires further explorations on the ecology of turtles, initiatives by enforcement agencies, and utilizing the inherent knowledge of indigenous people.

Fisher perceptions of catch and trade of sharks and rays in Angolan small‐scale fisheries

AbstractSmall‐scale fisheries ensure food security and employment in Angolan coastal communities. These dynamic, widespread fisheries remain mostly unregulated, with limited data available despite their likely significant impact on marine megafauna. We used an interview‐based survey to investigate local fisher interactions with elasmobranchs (sharks and rays) and gather information on utilization, trade and perceptions. All fishers (n = 83) landed elasmobranchs. Most fishers considered sharks as bycatch (74.7%, n = 62), while 100% targeted rays (Order Myliobatiformes), and 62.8% (n = 52) targeted guitarfishes (Order Rhinopristiformes). Over 80% of fishers reported declining catches and sizes of elasmobranchs over the last 30 years, raising concerns about the sustainability of these fisheries. Utilization and trade routes varied depending on elasmobranch products, with exports to China (fins) and local market sales (meat). Specifically, 8.4% (n = 5) of fishers confirmed meat and fin exports to China (4.8%, n = 3). The protection of sharks was considered by 32.5% (n = 30) of respondents, while 21.7% (n = 18) believed only certain shark species should be protected. Most respondents reported that rays (80.5%, n = 67) and guitarfishes (61%, n = 51) should not be protected. Regarding the ban on fishing, none considered it for ray species, with only 6.1% (n = 5) supporting this idea for guitarfishes. We highlight the lack of elasmobranch‐specific conservation measures and the need for a multi‐pronged approach to inform policy. Considering the scale of these fisheries, management actions need to be urgently developed and implemented to ensure the sustainability of elasmobranch fisheries while securing the livelihoods of coastal communities.

Plugging the Tax Leak: An Analysis of North Carolina’s Local Sales Tax Redistribution Policy

Amid rising concerns over the urban-rural divide, taxation equity, revenue generation, and local tax leakage, several states are contemplating measures to support jurisdictions perceived as bearing the brunt of evolving economic landscapes. In 2015, North Carolina introduced a system for local sales tax revenue sharing, wherein each county contributed to a pool of local sales tax revenue, subsequently redistributed among 79 of the 100 counties. This policy aimed to address tax leakage by ensuring that half of the base local sales tax remained at the point of sale, with the other half distributed on a per capita basis. In this analysis, we evaluate the policy’s effectiveness in achieving this equilibrium and identify limitations and shortcomings.

Analisis Strategi Pemasaran Tanaman Hias Anggrek di Tangerang Selatan: Peluang dan Tantangan bagi Produsen Lokal

This study aims to analyze the marketing strategy of orchid ornamental plants in South Tangerang, especially in the context of opportunities and challenges faced by local producers. Conducted in December 2023, this study took objects from 10 housewives cultivating orchid ornamental plants in South Tangerang City. The method used is descriptive qualitative, by conducting in-depth interviews and observations of local producers to understand the marketing strategies they use, as well as identifying opportunities and challenges faced in marketing their products. The results showed that local producers used a variety of marketing strategies, including local exhibitions, online sales, and cooperation with local florists. However, there are several challenges faced, including limited market access, price competition with imported products, and lack of understanding of digital marketing. In-depth discussions are conducted to evaluate effective marketing strategies and overcome the challenges faced. The implications of this research highlight the importance of developing innovative and adaptive marketing strategies for local producers in the face of increasingly fierce market competition. Recommendations include improving market access through cooperation between local producers, training on digital marketing, and improving local product branding to increase competitiveness in local and international markets. Thus, this research contributes to strengthening the local orchid cultivation sector in South Tangerang.

Marketing Planning for Melted Banana Chips

Marketing Plan for Melted Banana Chips at Lymivi Chips Micro Business. This research aims to determine the marketing plan for the Lymivi Chips melted banana chips microbusiness in 2023 as a business unit that has just been initiated and has brilliant sales. Data analysis uses library study observation techniques and questionnaires. Observation is expressing a direct observation of an object. The company does not implement sales targets. Based on the results of the analysis of internal and external factors by maximizing strengths and exploiting existing opportunities as well as minimizing weaknesses and threats from outside by improving the quality of melted banana chips products and services to consumers, looking for potential new supplier areas, promotion via the internet and mass media and additional personnel as a company salesperson, and if you buy fishing rods you get free shipping. The strategy implemented by the company is a marketing mix strategy which consists of a product strategy using a packaging system using plastic vacuum, a pricing strategy based on competitor prices, and the main selling price for determining the selling price of melted banana chips, the company's distribution strategy through local sales around the fishing line, company promotion strategy with a good company name and through social media.

Local sales tax exportation: The impact of commuters, tourists, and college students on the tax base

AbstractLocal sales tax bases are determined by factors including businesses, residential populations, and nonresidential visitors. This paper capitalizes on the COVID‐19 pandemic, using the sudden absence of in‐commuters, tourists, and college students to estimate the contributions these populations have on the sales tax base in North Carolina's 100 counties. The findings suggest that losing one in‐commuter results in a loss of roughly $1000 a month in taxable sales. Similarly, the loss of one hotel night booking results in a loss in taxable sales of approximately $525. This translates, for the median county, to exporting 17% to in‐commuters and 12% to tourists. The impact on the loss of a residential college student is less clear.

Co-Location, Good, Bad, or Both: How do New Entries of Discount Variety Stores Affect Local Grocery Businesses?

Abstract We analyse 69 entries and relocations by the largest Norwegian discount variety chain Europris during the period 2016–2019, and measure how its location choices affect local grocery stores’ performance. We use detailed data from a major Norwegian grocery chain, which enables us to combine local grocery stores’ sales and traffic with travelling distance to new or relocated Europris stores, and a two-way fixed effects strategy. Our findings suggest that entries and relocations have significant effects and that the sign of the effect depends on the distance between the stores, creating a non-linear relationship between the effect of entry and the distance between the stores. Sufficiently close entries and relocations increase local demand since more customers are attracted to the market, but as the distance increases, the competitive effect of a new discount variety store dominates, and local grocery store sales and traffic are reduced. As we move further away, the entry effect is gradually reduced to zero.

Industrialization in an Age of China Rising: A Tale of Two Chinese Automobile Companies in Malaysia

Abstract: This article aims to contribute to the exploration of the ways through which Malaysia—the fourth largest economy in Southeast Asia—has engaged Chinese investment to pursue industrialization. It does so by comparing and contrasting the different approaches by which two of the most important Chinese-financed automobile projects, Chery Automobile's assembly operations in 2008 and Zhejiang Geely's partial acquisition of local producer Proton in 2017, have been embedded into the Malaysian political economy. While Chery Automobile ended up with a conundrum of extremely low local sales, Zhejiang Geely has fostered mutually beneficial partnerships with Proton and its cohort of suppliers that are shaped by the industry's ethnopolitical directives. More recently, Zhejiang Geely has exported an increasingly larger proportion of vehicles from its Malaysian operations. The contrasting fate of these projects illustrates that while they are driven by Chinese money and technological know-how, they are not necessarily Chinese-dominated. It is domestic politics—the establishment of a functional politico-commercial coalition in particular—that matters in shaping the outcome and impact of Chinese investment in Malaysia. More importantly, the paper highlights how foreign direct investment and the supposed (positive and negative) externalities are intimately tied to local factors such as political institutions and ethnocentric directives.

How does adoption of electric vehicles reduce carbon emissions? Evidence from China

We investigate the effect of the adoption of electric vehicles (EVs) on CO2 emissions using spatial econometric models and have three findings. First, there are spatial spillover effects of EV adoption on CO2 emissions, implying that the CO2 mitigation of a city depends on local sales of EVs and sales of EVs in neighboring cities. A 1% increase in the sale of EVs in a city can reduce CO2 emissions locally by 0.096% and by 0.087% in a nearby city. Second, EVs indirectly impact CO2 emissions through the substitution effect, energy consumption effect, and technological effect. The overall impact of EV adoption on CO2 emissions is negative. Finally, we demonstrate the moderating effect of urban energy structure on EVs’ CO2 emissions mitigation. A 1% increase in the proportion of renewable energy generation increases the decarbonization of EVs by 0.036%. These findings provide policy implications for the coordinated development of EV market and energy system.