{"title":"Central Place Theory and the Emergence of Floating Markets in the Mekong Delta of Vietnam","authors":"Thi Phuong Ngo","doi":"10.5430/RWE.V12N1P314","DOIUrl":"https://doi.org/10.5430/RWE.V12N1P314","url":null,"abstract":"This research re-examines Walter Christaller (1933)’s central place theory paradigm to explain the emergence of a network of floating markets in the Mekong River Delta’s dense network of rivers and canals. Because road transportation is underdeveloped, floating markets play an important role for local people. They provide access to transportation and opportunities to trade, especially for the region’s diverse agricultural products. Furthermore, the floating markets support inland infrastructures. This research challenges Christaller’s (1933) assumptions about population thresholds and geographical range, and Mulligan et al.’s (2012) understanding of interaction among consumer choices, company aggregation and functional hierarchy. It finds that riverine traders employ flexible transaction strategies.","PeriodicalId":264194,"journal":{"name":"Research in World Economy","volume":"113 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124148959","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}
{"title":"The Impact of Globalisation Towards Bank Performance in Malaysia","authors":"Logasvathi Murugiah, Mugeshmani Supramaniam","doi":"10.5430/RWE.V12N1P331","DOIUrl":"https://doi.org/10.5430/RWE.V12N1P331","url":null,"abstract":"The purpose of this study is to shed some crucial light on the relationship between globalisation and performance of the banking system in Malaysia. This study uses a range of bank-characteristic determinants (internal factors), macroeconomic determinants (external factors) and three different dimensions of globalisation including economic globalisation, social globalisation and political globalisation to explain local commercial bank performance in Malaysia. This study uses regression analysis based on the secondary data for local commercial banks in Malaysia. The period for this secondary data is 10 years which is from the year 2008 till 2017. This study indicates that there is strong evidence stating both economic and politic globalisation have negatively significant effects on the bank performance in Malaysia. Meanwhile, social globalisation shows an insignificant result on this. As for bank characteristics variables, credit risk shows a negatively significant result towards bank performance in Malaysia while bank size shows a positive and significant result towards bank performance in Malaysia. Sole macroeconomic variable which is GDP does not show any significant result towards the bank performance in Malaysia. Therefore, central bank of Malaysia should give some incentive training for local bankers on how to adopt new supervision and risk management. This will give the local bankers some new knowledge to handle better risk management and directly boost the bank performance. Besides that, banks should develop their credit risk management to overcome any default loans and for better financial performances. Banks in Malaysia also need to expand their businesses as larger banks give a larger facility which directly boots the bank performance. It is also recommended for Malaysian banks to improve their forecasting of macroeconomic fluctuations in future to achieve greater efficiency levels.","PeriodicalId":264194,"journal":{"name":"Research in World Economy","volume":"90 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128322184","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}
Firas Rifai, A. Yousif, Omar M. Bwaliez, M. Al-Fawaeer, Bushra M. Ramadan
{"title":"Employee’s Attitude and Organizational Sustainability Performance: An Evidence From Jordan’s Banking Sector","authors":"Firas Rifai, A. Yousif, Omar M. Bwaliez, M. Al-Fawaeer, Bushra M. Ramadan","doi":"10.5430/RWE.V12N2P166","DOIUrl":"https://doi.org/10.5430/RWE.V12N2P166","url":null,"abstract":"This study aims to investigate the role of employee’s attitudes towards implementing and expanding the sustainability policy and the sustainability performance in terms of economic, social, and environmental dimensions. The study model and hypotheses were developed based on a comprehensive literature review. The data were collected from 84 employees working in Jordan’s banking sector through a questionnaire. The results revealed that there is a significant and positive relationship between employee’s attitudes towards implementing and expanding the sustainability policy and the triple bottom lines of sustainability performance. This study promotes the idea of focusing on employee’s attitudes in the banking sector and others sectors in order to enhance sustainability performance, especially that sustainability still does not have the highest priority in a country with an emerging economy like Jordan. The results of the study have significant implications and open many avenues for future research.","PeriodicalId":264194,"journal":{"name":"Research in World Economy","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126842654","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}
A. Asuquo, Arzizeh Tiesieh Tapang, G. T. Effiong, Mkpa Ubuo Linus, Ashishie Peter Uklala, Sylvester Duke
{"title":"Remuneration Reforms and Welfare of Employees in Public Schools: Experience From Nigeria","authors":"A. Asuquo, Arzizeh Tiesieh Tapang, G. T. Effiong, Mkpa Ubuo Linus, Ashishie Peter Uklala, Sylvester Duke","doi":"10.5430/RWE.V12N2P113","DOIUrl":"https://doi.org/10.5430/RWE.V12N2P113","url":null,"abstract":"The survey was undertaken to ascertain the impact of remuneration reforms on the workers’ welfare in public schools taking evidence from Nigeria. Facts were gotten by the use of a planned inquiry form and the data collected were then evaluated by means of the multiple regression techniques. Outcomes showed that there is a substantial impact of indicators of remuneration reforms on the welfare pointer (consumption) of employees in public schools. The negligible inclination to consume of employees with minimum remuneration, as well as employees with excessive remuneration, had revealed that these two categories put apart a huge percentage of their earnings for consumption to improve their welfare status and satisfaction level. Actions suggested to augment employees’ wellbeing and propensity comprise of periodic remuneration rising assessment, regulation of price increases ratio in addition to setting up of nutrition subsidizations for employees in public schools by the government.","PeriodicalId":264194,"journal":{"name":"Research in World Economy","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114945352","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}
Morgan Morgan Obong, C. Amadi, Okon Emmanuel Ekpenyong, Emu Winifred Harry, Hope Ukam Edodi
{"title":"Influence of Health and Safety Training, Safety Monitoring and Enforcement of Compliance on Employee Efficiency in Manufacturing Firms","authors":"Morgan Morgan Obong, C. Amadi, Okon Emmanuel Ekpenyong, Emu Winifred Harry, Hope Ukam Edodi","doi":"10.5430/RWE.V12N2P86","DOIUrl":"https://doi.org/10.5430/RWE.V12N2P86","url":null,"abstract":"The purpose of the study is to investigate the influence of health and safety training, safety monitoring, and enforcement of compliance on employee efficiency in manufacturing firms. The research employed the quantitative approach involving a descriptive survey. A sample size of 360 respondents was randomly selected for the study. A questionnaire instrument was used in gathering primary data for the study. Confirmatory Factor Analysis (CFA) was used in providing a comprehensive validation of the measurement instrument. The required inferential statistics including normality, multicollinearity, and heteroscedasticity tests were performed and were satisfactory. Structural Equation Model (SEM) was used to estimate structural relationships between health and safety training, safety monitoring and enforcement of compliance on employee efficiency. The research results showed that health and safety training has a significant positive effect on employee efficiency with a p-value of 0.000; safety monitoring has a significant positive effect on employee efficiency with a p-value of 0.000 and enforcement of compliance has a significant positive effect on employee efficiency with a p-value of 0.000. The research brings to the fore and creates awareness on the influence of health and safety training, safety monitoring, and enforcement of compliance to safety and health standard towards enhancing workers' safety, health and welfare for improved employee efficiency. Manufacturing firms should ensure adequate health and safety training and proper safety monitoring and enforcement of compliance to safety and health standard to reduce accidents and improve employee efficiency and performance.","PeriodicalId":264194,"journal":{"name":"Research in World Economy","volume":"64 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128880065","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}
{"title":"Does the Tax System Reduce Tax Evasion in Light of the Governance Mechanisms? Evidence From Jordan","authors":"Ashraf Bataineh","doi":"10.5430/RWE.V12N2P99","DOIUrl":"https://doi.org/10.5430/RWE.V12N2P99","url":null,"abstract":"This study aims to measure the impact of tax system elements on reducing the tax evasion, in light of the governance mechanisms in Jordan. The study sample consists of (140) tax auditors at the Jordanian Income tax and sales department, and to achieve the study objectives the researcher designed a questionnaire and distributed it on the study sample members. Study results show that elements of the tax system (tax legislations, tax administration, and Taxpayer) have a positive impact on reducing the tax evasion, in light of governance mechanisms. study recommends the need to raise the tax awareness level among members of the Taxpayer, work to reduce the continuation of making adjustments on tax laws and legislation, and give a sufficient period of time to ensure that desired economic and social impact being achieved from these adjustments, with the need to announce the official statistics of tax evasion’s figures and ratios, because the unofficial statistics on tax evasion have been tarnished by some exaggeration where work should concentrate on increasing penalties of tax evaders.","PeriodicalId":264194,"journal":{"name":"Research in World Economy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126331870","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}
Aziz Sodikov, Z. Rizaev, Lee Chin, Shahnoza Ochilova
{"title":"Impact of National Competitiveness on Economic Growth and Income Level – Evidence From the Selected Post-Soviet Countries","authors":"Aziz Sodikov, Z. Rizaev, Lee Chin, Shahnoza Ochilova","doi":"10.5430/RWE.V12N2P17","DOIUrl":"https://doi.org/10.5430/RWE.V12N2P17","url":null,"abstract":"This paper investigates the impact of national competitiveness on productivity, economic growth and income per capita in the selected post-Soviet countries between 2004 and 2018. In this paper, 2019 edition of the Global Competitiveness Index (GCI), which is composed of 12 pillars such as namely institutions, infrastructure, ICT adoption, macroeconomic stability, health, skills, product market, labour market, financial system, market size, business dynamism and innovation capability, is used as a proxy for the national competitiveness and productivity for the empirical analysis purposes. The findings reveal that: (1) the GCI is highly correlated with productivity level and the selected post-Soviet countries with higher level of national competitiveness had higher long-term economic growth and income per capita, (2) Russia and Kazakhstan more benefited from rising per capita income associated with enhanced national competitiveness (or productivity growth) compared to other selected former Soviet states, (3) among the GCI factors, ICT adoption, macroeconomic stability, market size and healthy life expectancy were major levers of productivity growth that influenced the national competitiveness, positively and significantly contributing to an increase in the income level in the selected post-Soviet countries in 2004-2018 period.","PeriodicalId":264194,"journal":{"name":"Research in World Economy","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122606573","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}
{"title":"Comparative Analysis of Agriculture Policies for Tobacco Planting and Processing, and the Correlation With the Illicit Production and Trade of Tobacco Products in Countries of the Western Balkans","authors":"E. Muça, F. Kazazi","doi":"10.5430/RWE.V12N2P248","DOIUrl":"https://doi.org/10.5430/RWE.V12N2P248","url":null,"abstract":"Tobacco planting and processing has a long tradition in the Western Balkan region, including Albania, Kosovo, Montenegro and North Macedonia; over the last 20 years, however, farmers have faced a significant decrease in production. In Montenegro and Kosovo, for example, the surfaces planted with tobacco are almost inconsequential. Agricultural policies and legal and procedural frameworks regulate all related processes, such as tobacco seed distribution, registration of farmers, disclosure of land farmed for tobacco, production yield, and the various collecting and processing stages, as well as the enforcement capacities of the related law enforcement institutions. These factors have significantly impacted tobacco production and trade, including the levels of illicit production and trade. This paper is based on empirical analysis, evaluation of the statistical data of tobacco-related state policies and country interviews related to tobacco production costs in the region, which affect sector-related policies. Our findings indicate that Albania has a lack of clear and coordinated policies, procedures, and enforcement capacities to regulate and monitor all processes, from planting to the processing and trade of tobacco. North Macedonia is in a much better situation in this regard and a new draft tobacco law, associated with a series of implementation regulations is expected to result in further improvements. In the Albanian case, strong evidence suggests that there are considerable tracts of land planted with tobacco and many illegal tobacco-processing plants.","PeriodicalId":264194,"journal":{"name":"Research in World Economy","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128275809","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}
{"title":"Determinants of the Commercial Bank’s Efficiency in ASEAN","authors":"Randi Anto, Irene Rini Demi Pangestuti, Sugeng Wahyudi, Eriesta Novia Purwandari","doi":"10.5430/RWE.V12N2P77","DOIUrl":"https://doi.org/10.5430/RWE.V12N2P77","url":null,"abstract":"The purpose of this study is to analyze the influence of capitalization, bank size, bank age, and loan to asset ratio (LAR) to bank efficiency in ASEAN-5 countries (Singapore, Indonesia, Thailand, Malaysia, and the Philippines). Net interest margin (NIM) and non-net interest income (Non-NIM) were used as control variables. There was a total of 58 banks used as a sample using a purposive sampling technique. There were two stages of the analytical method used: data envelopment analysis (DEA) approach – to provide estimates of bank efficiency, and multiple regression linear – consists of the statistical F-test and t-test, coefficient of determination (R2) test and the classic assumption test. The results show that capitalization and bank age affect bank efficiency negatively, while bank size and LAR affect bank efficiency positively. The banks are suggested to consider optimizing their capital to continue to operate efficiently, increase their assets to be more efficient, the older banks are expected to be able to adjust to technological developments, and the banks are also expected to increase the amount of credit by monitoring its quality to be efficient.","PeriodicalId":264194,"journal":{"name":"Research in World Economy","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116612961","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}
Karthigai Prakasam Chellaswamy, N. Natchimuthu, Muhammadriyaj Faniband
{"title":"Chinese and Indian Stock Markets: Linkages and Interdependencies","authors":"Karthigai Prakasam Chellaswamy, N. Natchimuthu, Muhammadriyaj Faniband","doi":"10.5430/RWE.V12N2P228","DOIUrl":"https://doi.org/10.5430/RWE.V12N2P228","url":null,"abstract":"This paper examines the stock market linkages and interdependencies between China and India. We use the quantile regression approach as an alternative to Ordinary Least Squares estimation due to its flexibleness and robustness. Our results of the entire time period reveal the influence of Chinese CPI and ER on Nifty returns is not the same across the different quantiles. However, Chinese IR has no impact on Nifty returns. Further, Indian CPI has a negligible effect on SSE returns. In contrast, IR and ER do not affect SSE returns. This study also observes that the dependence structure between CPI and SSE returns indicates a negligible change post-recession period. However, the dependence structure between IR, ER, and SSE returns has not changed after the recession. Further, a significantly small change is found in the dependence structure between Chinese macroeconomic variables and Nifty returns post-recession.","PeriodicalId":264194,"journal":{"name":"Research in World Economy","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133106141","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}