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Estimating the Determinants for Transaction Value of B2B (Business-to-Business): A Panel Data Model

  • Journal of The Korea Society of Computer and Information
  • Abbr : JKSCI
  • 2010, 15(11), pp.225-231
  • Publisher : The Korean Society Of Computer And Information
  • Research Area : Engineering > Computer Science

Kim Hee Chul 1 Shin Hyun Dai 1

1남서울대학교

Accredited

ABSTRACT

Transaction value of business-to-business(B2B) is composed of various factors for groups and time series. In this paper, we use the panel data for finding various variables and using this we analyse the factors that is major influence to transaction value of business-to-business. For analysis we looked at transaction value of business-to-business of 7 groups such as manufacturing industry, electric, gas and piped water industry, construction industry, retail & wholesale trade, traffic industry, publish, image; broad-casting & telecommunication and information service industry, etc. In our analysis we looked at the transaction value of business-to-business during the period from 2005.01 to 2009.12. We examined the data in relation to the transaction value of cyber shopping mall, company bond, composite stock price index, transaction value of credit card, loaned rate of interest in deposit bank, rate of exchange looking at the factors which determine the transaction value of business-to-business, evidence was produced supporting the hypothesis that there is a significant positive relationship between the transaction value of cyber shopping mall, composite stock price index and loaned rate of interest in deposit bank, rate of exchange. The company bond is negative relationship, transaction value of credit card is positive relationship and they are not significant variables in terms of the transaction value of business-to-business.

Citation status

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