Journal of Quantitative Methods最新文献_第2页

Determinants of Dropout and Child School Enrollment: A Case Study from Rural Islamabad 辍学和儿童入学的决定因素:伊斯兰堡农村地区的个案研究

Journal of Quantitative Methods Pub Date : 2019-08-31 DOI: 10.29145/2019/JQM/030205

Uzma Naz, Z. Ejaz, Naveed Ur Khan

引用次数: 5

Exchange Rate Uncertainty and Workers’ Remittances: Empirical Bayesian Approach 汇率不确定性与工人汇款:经验贝叶斯方法

Journal of Quantitative Methods Pub Date : 2019-08-31 DOI: 10.29145/2019/JQM/030206

M. Sikandar, Hafiz M. Yasin, Malik Muhammad

{"title":"Exchange Rate Uncertainty and Workers’ Remittances: Empirical Bayesian Approach","authors":"M. Sikandar, Hafiz M. Yasin, Malik Muhammad","doi":"10.29145/2019/JQM/030206","DOIUrl":"https://doi.org/10.29145/2019/JQM/030206","url":null,"abstract":"Exchange rate is one of the important determinates of worker’s remittances to a country. Level of exchange rate as well as any fluctuation in it influences the volume of workers’ remittances. The present study uses data of workers’ remittances from ten major countries to Pakistan for the period 1973 to 2012. Uncertainty of exchange rate is estimated through GARCH model. We use Empirical Bayesian approach to compute posterior information (estimates, for which, the GMM estimates are used as prior in order to avoid biasness and inconsistency due to the presence of endogeniety in our model. The Empirical Bayesian estimates are found to be more efficient in terms of significance and correct signs of modeled variables. The findings suggest a significant role of home and host country characteristics in most of the cases. The findings also reveal a negative impact of exchange rate uncertainty on the inflow of remittances. The political instability reveals an insignificant impact on remittances. The study recommends different policy options for different host countries. Apart from the Middle East, the policy for other regions (like USA, Canada, and Germany etc.) must be considered separately to encourage inflow of remittances. Appropriate stabilization measures have to be taken on priority basis to curtail volatility of exchange rates and to ascertain regular inflow of remittances. ","PeriodicalId":212366,"journal":{"name":"Journal of Quantitative Methods","volume":"783 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120879097","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

Threshold Effects of Institutional Quality in the Infrastructure-Growth Nexux 基础设施-增长联动中制度质量的门槛效应

Journal of Quantitative Methods Pub Date : 2019-08-31 DOI: 10.29145/2019/JQM/030203

E. Ogbaro

{"title":"Threshold Effects of Institutional Quality in the Infrastructure-Growth Nexux","authors":"E. Ogbaro","doi":"10.29145/2019/JQM/030203","DOIUrl":"https://doi.org/10.29145/2019/JQM/030203","url":null,"abstract":"This study estimates the threshold level of institutional quality that will ensure the efficient use of infrastructure in stimulating growth in Sub-Saharan Africa based on panel data from 41 countries in the region between 1996 and 2015. It employs a dynamic panel threshold regression model which is derived from the New Institutional Economics theory and this is estimated using the first-differenced Generalized Method of Moments estimator. Results reveal that the relationship between infrastructure and growth is non-linear which provides support for the use of a threshold regression model, with institutional quality serving as the threshold variable. In terms of the threshold level, the findings show that the index of institutional quality that will ensure the efficient use of infrastructure in stimulating growth is 0.410. The study also finds that, on average, countries in the region operate below this threshold level, hence their poor growth. The conclusion that is drawn from the analysis is that poor or low institutional quality is one of the factors hampering the growth of countries in the SSA region. A major limitation of the study is that the estimator employed for the threshold analysis is developed for models with single threshold value only and so does not allow for multiple threshold values. Thus, it is recommended that governments in the region need to formulate and implement policies targeted at improving the level of institutional quality in their countries.","PeriodicalId":212366,"journal":{"name":"Journal of Quantitative Methods","volume":"129 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123320395","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

Detecting Stationarity of GDP: A Test of Unit Root Tests GDP的平稳性检验:单位根检验

Journal of Quantitative Methods Pub Date : 2019-03-13 DOI: 10.29145/2019/JQM/030102

A. Rehman

{"title":"Detecting Stationarity of GDP: A Test of Unit Root Tests","authors":"A. Rehman","doi":"10.29145/2019/JQM/030102","DOIUrl":"https://doi.org/10.29145/2019/JQM/030102","url":null,"abstract":"Despite extensive research of research on unit roots, consensus on several important issues and implications has not emerged to date (Libanio, 2005). There are many series which were being investigated for existence of unit root and for these series, there is conflict between the researcher regarding the existence of unit root. For a given data series it is generally not possible to decide which of unit root tests would be the best suited. The Monte Carlo experiments prove that the performance of unit root tests depends on the type of data generating process (DGP), but for the real data we do not know the true DGP. Hence, we cannot decide which of the tests would perform best for a series. The bootstrap approach of Rudebusch (1993) offers an alternative to measure the performance of unit root test for any real time series with unknown DGP. Rudebusch (1993)’s approach is extended to measure and compare the performance of unit root tests for annual real GDP series of various countries. Our results show that unit root tests have very low ability to discriminate between best fitting trend stationary and difference stationary models for GDP series of most of the countries and that Phillips Perron test is superior to its rivals including Dickey-Fuller, DF-GLS and Ng-Perron tests. The results also support existence of unit root in real GDP series.","PeriodicalId":212366,"journal":{"name":"Journal of Quantitative Methods","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131691362","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: 3

Quality of Life and Globalization: Econometric Evidence from Asian Economies 生活质量与全球化:来自亚洲经济体的计量经济学证据

Journal of Quantitative Methods Pub Date : 2019-03-13 DOI: 10.29145/2019/JQM/030105

Muhammad Tariq Majeed

引用次数: 2

The Journey from Entropy to Generalized Maximum Entropy 从熵到广义最大熵的旅程

Journal of Quantitative Methods Pub Date : 2019-03-13 DOI: 10.29145/2019/JQM/030101

Amjad D. Al-Nasser

引用次数: 0

Nexus between Financial Development and Investment in Pakistan: A Vector Auto-regressive Model Approach 巴基斯坦金融发展与投资之间的关系:一个向量自回归模型方法

Journal of Quantitative Methods Pub Date : 2019-02-28 DOI: 10.29145/2019/JQM/030106

Arslan Khalid

{"title":"Nexus between Financial Development and Investment in Pakistan: A Vector Auto-regressive Model Approach","authors":"Arslan Khalid","doi":"10.29145/2019/JQM/030106","DOIUrl":"https://doi.org/10.29145/2019/JQM/030106","url":null,"abstract":"This study has been conducted to analyze the impacts of Financial Development on Investment in Pakistan. The objectives of this study are to generate Financial Development Index for Pakistan and to analyze the impact of Financial Development on Investment along with key explanatory variables. The time period for this study is from 1975 to 2011. An index has been constructed for exact measurement of financial development by using five main indicators, and for calculation of financial development index weighted average method has been used. In our investment’s model VAR model has been for results because of different order of integration and no proves of cointegration in our data, we have also applied the causality test on our model. It has been observed by the causality test that during the period of our study financial development cause investment and investment causes financial development. By the help of impulse response function it has also been observed that the impulse of financial development has decreased the investment in Pakistan and it could be due to a fact that Pakistan is at early stage of financial development and the saved resources are not properly mobilized to investment.","PeriodicalId":212366,"journal":{"name":"Journal of Quantitative Methods","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127503112","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

Financial Development and Economic Growth: The Role of Energy Consumption 金融发展与经济增长:能源消费的作用

Journal of Quantitative Methods Pub Date : 2018-08-01 DOI: 10.29145/2018/JQM/020204

H. Siddique, S. Usman, Junaid Ishaq

引用次数: 6

Role of Quantitative Methods in Quantifying "Reality" Objectively 定量方法在客观量化“现实”中的作用

Journal of Quantitative Methods Pub Date : 2018-08-01 DOI: 10.29145/2018/jqm/020201

Khalid Rasheed Al Adeem

引用次数: 1

Cost Leadership, Market Orientation and Business Performance: An Empirical Investigation 成本领先、市场导向与企业绩效的实证研究

Journal of Quantitative Methods Pub Date : 2018-08-01 DOI: 10.29145/2018/JQM/020203

A. H. G. Dutse, M. Aliyu

{"title":"Cost Leadership, Market Orientation and Business Performance: An Empirical Investigation","authors":"A. H. G. Dutse, M. Aliyu","doi":"10.29145/2018/JQM/020203","DOIUrl":"https://doi.org/10.29145/2018/JQM/020203","url":null,"abstract":"The study aimed at examining the relationship between cost leadership strategy, market orientation and business performance of manufacturing, Small and Medium Enterprise performance (SMEs). A quantitative survey method was employed, using a cross-sectional research design. The data were collected through self-administered questionnaires from a sample of 287 respondents. The study indicated that SMEs are essential to the economic growth of Nigeria; because they serve as an indispensable source of employment generation. SMEs contribute immensely towards the formation of industries, enhanced capital accumulation, served as an intermediary for goods, and assist in the uplifting the living standard through the provision of variety of products and services. The research model used in this survey was designed in line with the theoretical evidence which in turn lead to the correlation between the research variables. The study employed the Multiple regression method; the findings indicated that cost leadership strategy and market orientation has a significant positive relationship with the performance of SMEs. The discussion provided some limitations and offer suggestions for future research directions.","PeriodicalId":212366,"journal":{"name":"Journal of Quantitative Methods","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134410356","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: 6