Saudi Journal of Economics and Finance最新文献_第4页

Performance of Private Banks in India after the Global Financial Crisis 全球金融危机后印度私人银行的表现

Saudi Journal of Economics and Finance Pub Date : 2023-03-19 DOI: 10.36348/sjef.2023.v07i03.004

A. Sheerin

引用次数: 0

Nexus between Exchange Rate Volatility and Oil Price Fluctuations: Evidence from India 汇率波动与油价波动之间的关系:来自印度的证据

Saudi Journal of Economics and Finance Pub Date : 2023-03-15 DOI: 10.36348/sjef.2023.v07i03.003

Nazar Ali, Ashok Mittal

{"title":"Nexus between Exchange Rate Volatility and Oil Price Fluctuations: Evidence from India","authors":"Nazar Ali, Ashok Mittal","doi":"10.36348/sjef.2023.v07i03.003","DOIUrl":"https://doi.org/10.36348/sjef.2023.v07i03.003","url":null,"abstract":"The price of crude oil has fluctuated in India over the past few decades which has drawn significant attention because of it impact on all economic sectors. The present study aims to identify how oil price volatility affects the real exchange rate in India from 1st July 2009 to 2nd January 2020. For short-run and long-run analysis, various econometric methods have been applied, including Granger Causality, ARDL Bound test, FEVD, and IRF. The study divided the entire sample into sub-samples based on Breakpoint analysis and then performed the ARDL Bound testing procedure in each sub-sample. Causality results revealed that most samples exhibited strong unidirectional causality from oil prices to exchange rates. However, the long-run and short-run results from the ARDL model failed to detect any cointegration among the underlying variables for the entire sample. The calculated F-statistics is 4.35, which is less than the lower and upper critical bound values provided by Pesaran, Shin, and Smith (2001). The GIRF has been used to calculate the dynamic marginal effect of a one-standard-deviation shock in oil prices on the current and future values of the Rupee-Dollar exchange rate. The exchange rate fell in the first three samples due to one standard deviation shock in oil prices. However, the contribution of oil prices to the exchange rate is positive in the fourth sample period.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122445666","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Revisiting FDI Led Economic Growth Hypothesis in India an Autoregressive Distributed Lag Approach FDI主导印度经济增长假说的自回归分布滞后分析

Saudi Journal of Economics and Finance Pub Date : 2023-03-13 DOI: 10.36348/sjef.2023.v07i03.002

Shanga Mohammad, Dastgir Alam

引用次数: 0

Pension Assets Investments in the Nigerian Economy 尼日利亚经济中的养老金资产投资

Saudi Journal of Economics and Finance Pub Date : 2023-03-03 DOI: 10.36348/sjef.2023.v07i03.001

O. Olulu-Briggs

{"title":"Pension Assets Investments in the Nigerian Economy","authors":"O. Olulu-Briggs","doi":"10.36348/sjef.2023.v07i03.001","DOIUrl":"https://doi.org/10.36348/sjef.2023.v07i03.001","url":null,"abstract":"This study looked into pension assets investments and its impact in the Nigerian economy. The investments includes quarterly reports of corporate debt securities, government bond securities, mutual funds’ investments, money market instruments, private equity funds and real estate securities from 2004 – 2020, and was sourced from the statistics database of the National Pension Commission, the Central Bank of Nigeria and the World data bank. The statistical measures used to analyze the data are the descriptive test, Unit root test, Co-integration test, Vector error correction, Causality and Impulse response function. The outcome of the analysis show that the variables were stationary after first differences were taken; and were also co-integrated at 2 lags indicating that both short and long run equilibrium relationship exist among the variables. From the vector error correction model, previous years’ deviations from long run equilibrium had a 0.09% speed of adjustment; leading to a short run equilibrium. The Causality test reveal that changes in government bond securities lead to changes in real estate securities and changes in money market investments leads to changes in government bond securities. In addition, the impulse response demonstrates that a shock to the system produces more negative responses than positive ones. The study thus recommends that the pension industry should vigorously create more awareness on the importance of employee pension plan; develop more e-channels to help rake in investible funds as well as develop more innovative products to support diversification of pension fund in different assets classes among others.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134232080","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Effect of Accountability of Regional Financial Report and Budget Transparency on SKPD Performance with Regional Financial Supervision as a Moderating Variable 以区域财务监管为调节变量的区域财务报告问责制和预算透明度对SKPD绩效的影响

Saudi Journal of Economics and Finance Pub Date : 2023-02-16 DOI: 10.36348/sjef.2023.v07i02.002

Rio Johan, Afifah Rahmawati

{"title":"The Effect of Accountability of Regional Financial Report and Budget Transparency on SKPD Performance with Regional Financial Supervision as a Moderating Variable","authors":"Rio Johan, Afifah Rahmawati","doi":"10.36348/sjef.2023.v07i02.002","DOIUrl":"https://doi.org/10.36348/sjef.2023.v07i02.002","url":null,"abstract":"This study aims to test whether the moderation of regional financial supervision can affect the accountability of regional financial reports and the sensitivity of the budget to SKPD performance. The population and samples selected in this study were regional work units (SKPD) in the DKI Jakarta area, questionnaires which would be distributed to regional work units (SKPD) in the DKI Jakarta area with a total of 246 samples. The software used is SmartPLS (partial least square). The results of hypothesis testing in this study found that regional financial accountability has a positive effect on SKPD performance, budget sentiment has a positive effect on SKPD performance, regional financial supervision has a positive and significant effect, regional financial supervision can strengthen the influence of regional financial accountability on SKPD performance and moderation on regional financial supervision is not able to strengthen the effect of budget transparency on SKPD performance. The results of this fifth hypothesis research are to prevent such a situation, SKPD should be able to improve regional financial supervision so that ASN as government employee can preparing the budget have information about public finances, because ASN as government employee that have information complexity about public finances may have optimal SKPD performance .","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"67 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130005161","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

New Insights for Revealing the Effect of FDI on Pakistan's Economic Growth: Evidence from the Auto Sector 揭示外国直接投资对巴基斯坦经济增长影响的新见解:来自汽车行业的证据

Saudi Journal of Economics and Finance Pub Date : 2023-02-16 DOI: 10.36348/sjef.2023.v07i02.003

Muhammad Waqar, Sajawal Piracha, W. Khan, Saidi Abbas, M. Afzaal, Muhammad Shahid

{"title":"New Insights for Revealing the Effect of FDI on Pakistan's Economic Growth: Evidence from the Auto Sector","authors":"Muhammad Waqar, Sajawal Piracha, W. Khan, Saidi Abbas, M. Afzaal, Muhammad Shahid","doi":"10.36348/sjef.2023.v07i02.003","DOIUrl":"https://doi.org/10.36348/sjef.2023.v07i02.003","url":null,"abstract":"FDI is one of the important pillar for the development of economic sectors and industries for promoting the high growth of valuable products and improve the quality of useful industrial products. However, as a result of globalization, a country's economic development is no longer completely reliant on its own resources. The foreign direct investment (FDI) made by multinational corporations improves the quality of life for locals by creating employment for them and raising their level of living. FDI may have both positive and negative effects on the expansion of the economy, depending on the factors. South Asia's leading liberal economy is Pakistan. Pakistan permits 100% foreign ownership in its secondary industry due to its open economy and fast-paced private sector. Pakistan's tertiary sector has seen a sharp growth in FDI inflows when compared to other economic sectors. Pakistan's primary sector of the economy is characterised, like other emerging countries, by poor productivity, inefficient labour, energy deficits, and less incentives. However, it seems that the incentives and other variables have only had a modest impact on Pakistan's FDI levels in recent years. The economic development of Pakistan is negatively impacted by foreign direct investment. FDI has a significant influence on Pakistan's short- and long-term economic development.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128867249","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Failure of Accounting Knowledge to Moderate Interest in Using Accounting Software for MSMEs with the UTAUT2 Model 基于UTAUT2模型的中小微企业会计知识对会计软件使用兴趣调节的失败

Saudi Journal of Economics and Finance Pub Date : 2023-02-05 DOI: 10.36348/sjef.2023.v07i02.001

R. Putra, Vanessa Gilda

引用次数: 0

Effect of Government Consumptions on Performance of Annual Capital Expenditure in Nigeria 尼日利亚政府消费对年度资本支出绩效的影响

Saudi Journal of Economics and Finance Pub Date : 2023-01-27 DOI: 10.36348/sjef.2023.v07i01.006

Andinyanga Utibe Sunday, A. Akpan

{"title":"Effect of Government Consumptions on Performance of Annual Capital Expenditure in Nigeria","authors":"Andinyanga Utibe Sunday, A. Akpan","doi":"10.36348/sjef.2023.v07i01.006","DOIUrl":"https://doi.org/10.36348/sjef.2023.v07i01.006","url":null,"abstract":"Consumptions, in decades; had taken the highest allocation compared to capital expenditure, as confirmed from the current 2023 appropriation bill that was laid before the national assembly. This study seeks to investigate the effect of government consumptions on performance of annual capital expenditure in Nigeria. Government consumptions was proxied by Administration, Economic services, Social and Community services, and Transfers’ consumptions while performance of annual capital expenditure was proxied by aggregate annual capital expenditure. The study employed ex- post facto research design, and used descriptive statistic and ordinary least square regression techniques to analyze the data. Secondary data used were sourced from the Federal Ministry of Finance and the Office of Accountant-General of the Federation, over a period of forty-one years (1981-2021). The data collected were analyzed using Johansen Co- integration test and vector error correction model (VECM). The findings revealed that besides administrative consumption, other explanatory variables economic service consumption, social and community services consumption, and transfers’ consumption had positive and significant effect on the performance of annual capital expenditure. The study concluded that changes in the performance of annual capital expenditure are explained by changes in government consumptions. The study suggested, amongst others; that Government should put in place mechanisms, such as adequate internal control system; to reduce wastages in administrative consumption.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122675656","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Investigation of the Causal Relationships between Economic Development and Combustible Renewables and Waste Consumption in Central Asian Countries 中亚国家可燃可再生能源和废弃物消费与经济发展的因果关系研究

Saudi Journal of Economics and Finance Pub Date : 2023-01-21 DOI: 10.36348/sjef.2023.v07i01.005

Bolor Turmunkh, Khambai Khamjalas

{"title":"Investigation of the Causal Relationships between Economic Development and Combustible Renewables and Waste Consumption in Central Asian Countries","authors":"Bolor Turmunkh, Khambai Khamjalas","doi":"10.36348/sjef.2023.v07i01.005","DOIUrl":"https://doi.org/10.36348/sjef.2023.v07i01.005","url":null,"abstract":"This study examines the relationships between Foreign direct investment (FDI), Gross domestic product (GDP), Trade, Inflation, Labor force, Population density, Combustible renewables and waste consumption for the case of Central Asia, spanning the period 1990 to 2020. The combustible renewables and wastes consumption in Central Asia are based on the long run and short run relationship between economic development with the Error Correction Model (ECM) based Panel Cointegration tests and Panel Vector Error Correction Model (VECM) Granger causality test tried to explain using the causality test, spanning the period 1990 to 2020. An empirical analysis uses the Im, Pesaran, and Shin (CIPS) Panel Unit Root test and Westerlund ECM to test the basics of the data unit based on this information. The Panel Vector Autoregression (PVAR) specification was based on the results of the Lag-order selection criteria, and the stability of the PVAR model was checked through the observation of the Hausman test and Eigenvalue stability condition. It performs tests to verify the existence of the long run relationships among the variables and examines short and long run causal relationships. It finds that increased combustible renewables and waste consumption use is the main cause of increased economic growth.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"3 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133041964","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Entrepreneurship Finances, Feasibility and Consistency 创业财务、可行性和一致性

Saudi Journal of Economics and Finance Pub Date : 2023-01-08 DOI: 10.36348/sjef.2023.v07i01.004

J. Méndez-González, Enrique Guzmán-Nieves, Liliana Álvarez-Loya

{"title":"Entrepreneurship Finances, Feasibility and Consistency","authors":"J. Méndez-González, Enrique Guzmán-Nieves, Liliana Álvarez-Loya","doi":"10.36348/sjef.2023.v07i01.004","DOIUrl":"https://doi.org/10.36348/sjef.2023.v07i01.004","url":null,"abstract":"When you want to start a business idea, it will always be of vital importance to put financial viability first, since starting without having an idea of the initial investment, the investment recovery period and other financial indicators, can make a profitable business in a very short time. bottomless pit. The main idea of this research is to define which are the most important points of the Business Plans in terms of finances; For this, to detect which are the points that require more emphasis in terms of attention and focus, with this it is intended to facilitate the tasks and training required in said topics, this due to the fact that the financial aspect is the most relevant issue and that to the it gets more and more complicated. This will allow any venture to be on the right track in search of the desired success in any type of venture. It was found that the order of difficulty in the development of a Business Plan is the following: the Financial Analysis of a Business Plan is the item that is most difficult, understanding that 397 students representing 55.14% put it as the main topic in degree of difficulty, followed by Procedures and Compliance with Legal Requirements, which is considered the most complicated item by 202 people, which represent 28.26%; being the Market with a choice of 65 students as the most difficult topic to cover, while 56 people indicated the other items, Strategic, Organizational and Processes as the most complicated. Emphasis will be placed on financial aspects and their respective topics.","PeriodicalId":153790,"journal":{"name":"Saudi Journal of Economics and Finance","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122139261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0