Asian Journal of Economics and Empirical Research最新文献_第2页

The Impact of South Africa’s Total Early-stage Entrepreneurial Activity Rate on Entrepreneurial Attitudes and Behavior 南非总体早期创业活动率对创业态度和行为的影响

Asian Journal of Economics and Empirical Research Pub Date : 2022-08-31 DOI: 10.20448/ajeer.v9i2.4132

M. E. Egu, Evelyn G Chiloane-Phetla

{"title":"The Impact of South Africa’s Total Early-stage Entrepreneurial Activity Rate on Entrepreneurial Attitudes and Behavior","authors":"M. E. Egu, Evelyn G Chiloane-Phetla","doi":"10.20448/ajeer.v9i2.4132","DOIUrl":"https://doi.org/10.20448/ajeer.v9i2.4132","url":null,"abstract":"Given that entrepreneurship scholars use various approaches to measure entrepreneurial success, which leads to inconsistent findings, in this study we investigate the impact that South Africa’s total early-stage entrepreneurial activity (TESEA) rate has on the entrepreneurial attitudes and behavior of South Africans and their reactions to different macroeconomic factors. Secondary datasets were elicited from the World Bank’s world development indicators and the Global Entrepreneurship Monitor (GEM) database from 2003–2014. Using a generalized linear model (GLM) poisson regression, we affirmed the statistical significance of these relationships, as well as enhanced the validity and reliability of the quantitative estimation procedure. We found that the TESEA rate is positively associated with a higher ease of doing business and entrepreneurial intention level. Furthermore, we found that when entrepreneurship is viewed as a good career choice, and given media visibility, the TESEA rate increases, and vice versa. It was also observed that the GDP per capita (which relies on efficiency, innovation and optimal utilization of market knowledge), as well as the level of economic freedom in South Africa, positively impacts the nation’s TESEA rate. Likewise, we found that the unemployment rate is positively associated with the TESEA rate of South Africa. South Africa’s TESEA rate is influenced by a combination of factors due to the dynamic nature of individual traits. However, the TESEA rate has a remarkable impact on South Africa’s entrepreneurial decision making. This implies that a targeted approach is more relevant when implementing both private and government policy initiatives.","PeriodicalId":360581,"journal":{"name":"Asian Journal of Economics and Empirical Research","volume":"88 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134344048","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

Do Globalization, Technology Adoption and Economic Development Influence Income Inequality in Developing Asian Nations? 全球化、技术采用和经济发展是否影响亚洲发展中国家的收入不平等?

Asian Journal of Economics and Empirical Research Pub Date : 2022-08-22 DOI: 10.20448/ajeer.v9i2.4118

Shujaat Abbas, Q. Hye, Raja Rehan, S. Mubeen

{"title":"Do Globalization, Technology Adoption and Economic Development Influence Income Inequality in Developing Asian Nations?","authors":"Shujaat Abbas, Q. Hye, Raja Rehan, S. Mubeen","doi":"10.20448/ajeer.v9i2.4118","DOIUrl":"https://doi.org/10.20448/ajeer.v9i2.4118","url":null,"abstract":"Currently, income inequality has become an international issue that needs to be overcome and also requires the attention of researchers and policymakers. Hence, this study is an attempt to explore the impact of globalization, technology adoption, and economic development on income inequality. For this purpose, 20 years of large-scale panel data over the period from 2001 to 2020 for ten emerging Asian nations (Iran, Jordan, Iraq, Laos, Pakistan, Bangladesh, Sri Lanka, Thailand, Indonesia, and the Philippines) is mined from the World Bank database and KOF globalization index. In order to inspect the empirical relationship among the selected variables, the panel data fixed effects model (FEM) along with the robust standard error is employed. The results indicate that globalization, technology adoption, and economic development have a negative linkage with income inequality, which means these factors play a significant role in removing the income inequality in developing countries. This study provides insight for policymakers while developing policies regarding income inequality elimination in the country.","PeriodicalId":360581,"journal":{"name":"Asian Journal of Economics and Empirical Research","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123205938","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

Early Warning of Bank Failure in the Arab Region: A Logit Regression Approach 阿拉伯地区银行倒闭预警:一种logistic回归方法

Asian Journal of Economics and Empirical Research Pub Date : 2022-08-22 DOI: 10.20448/ajeer.v9i2.4120

Rami Obeid

{"title":"Early Warning of Bank Failure in the Arab Region: A Logit Regression Approach","authors":"Rami Obeid","doi":"10.20448/ajeer.v9i2.4120","DOIUrl":"https://doi.org/10.20448/ajeer.v9i2.4120","url":null,"abstract":"The global financial crisis of 2008 taught the biggest lesson of anticipating a financial crisis. The current study aimed to highlight the importance of central banks to build early warning systems to reduce the costs of resolution procedures of weak banks. The data was obtained from published annual reports and balance sheets of 60 commercial banks in the Arab region for the period 2000-2010. Using the logistic regression model to predict the performance of banks or anticipating the possibility of bank failure and build an early warning system, the study identified a few financial indicators such as Capital Adequacy Ratio (CAR); Liquidity (LIQ); Cost to Income Ratio CIR; Return On. Assets (ROA); and Non-Performing Loans (NPL). The impact of the GDP variable on bank`s failure was also determined to capture economic risks. The results showed that financial soundness indicators (FSI) can be used efficiently to predict bank failure, that the variables of ROA and CAR had the greatest impact on the probability of the bank’s survival, while no statistical significance was seen for the GDP variable. The paper recommends the importance of the financial stability and banking supervision departments to build early warning systems. The study would provide useful insights to both household and corporate sectors to look for early warning signs that predict the performance of the banking sector in the Arab countries. The FSIs suggested in the study would also play a prominent role in predicting the success or failure of banks in the Arab region.","PeriodicalId":360581,"journal":{"name":"Asian Journal of Economics and Empirical Research","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134020088","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: 5

The Influence of Working Capital Management on the Profitability of Listed Manufacturing Companies in Tanzania 营运资金管理对坦桑尼亚制造业上市公司盈利能力的影响

Asian Journal of Economics and Empirical Research Pub Date : 2022-08-15 DOI: 10.20448/ajeer.v9i2.4106

Dickson Matiko Kisyeri, A. Kira

{"title":"The Influence of Working Capital Management on the Profitability of Listed Manufacturing Companies in Tanzania","authors":"Dickson Matiko Kisyeri, A. Kira","doi":"10.20448/ajeer.v9i2.4106","DOIUrl":"https://doi.org/10.20448/ajeer.v9i2.4106","url":null,"abstract":"Working capital management (WCM) and listed manufacturing companies (LMCs) profitability are subjects that have taken much attention of scholars globally because cash management, inventory management, receivables, and payables management components are vital elements for the performance of businesses. However, there is limited literature on the subject that considered the DuPont analysis as a measure of LMCs’ profitability as well as that used the finite distributed lag model to analyze WCM variables and profitability. Likewise, there is patchy recorded literature so far that tried to use administration expenses and marketing expenses to moderate the relationship between WCM and LMCs’ profitability. To bridge this knowledge gap, this study investigated the influence of WCM on profitability of LMCs’ on the Dar es Salaam Stock Exchange Plc (DSE), Tanzania. The study used an explanatory research design based on objectivism philosophies whereby profitability data were collected from the financial reports of the listed manufacturing companies on DSE. Panel data with the Finite Distribution Lag Model was used to analyze the published audited financial reports for 14 years, from 2005 to 2018 inclusive, of listed manufacturing firms. The results showed that current year marketing and administration expenses as moderators cause a lag of three years in the average collection period and each for moderator to have a positive impact on profitability, while the current year average collection period had a negative impact on profitability. It is, therefore, recommended that LMCs in Tanzania should consider the previous three years’ average collection period, administration expenses, marketing expenses, and effectiveness in managing working capital to enhance their profitability.","PeriodicalId":360581,"journal":{"name":"Asian Journal of Economics and Empirical Research","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129369844","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

Do Interest Rate and Inflation Matter for Exchange Rate Fluctuation in Bangladesh? An ARDL Approach 利率和通货膨胀对孟加拉国汇率波动有影响吗?ARDL方法

Asian Journal of Economics and Empirical Research Pub Date : 2022-07-18 DOI: 10.20448/ajeer.v9i2.4055

M. Chowdhury

引用次数: 0

The Significance of Foreign Direct Investment Registered Projects and Employment Creation in the Sectors of Ghana’s Economy 外商直接投资注册项目和在加纳经济部门创造就业的意义

Asian Journal of Economics and Empirical Research Pub Date : 2022-04-26 DOI: 10.20448/ajeer.v9i1.3876

Evans Yeboah, Dacosta Boateng Agyei, Ran Li, Anita Sossoe, Mavis Tetteh, Aisha Amankwa

引用次数: 1

The Potential of Re-exports: A Probability for Fiji’s Trade Growth 再出口的潜力:斐济贸易增长的可能性

Asian Journal of Economics and Empirical Research Pub Date : 2022-04-12 DOI: 10.20448/ajeer.v9i1.3841

A. Prakash, P. Chand

引用次数: 0

Shocks to Monetary Policy Instruments: Does Credit to the Private Sector Respond in a Similar Manner to Public Sector Credit in Nigeria? A Vector Autoregressive Approach 对货币政策工具的冲击:尼日利亚私营部门信贷的反应是否与公共部门信贷类似?一种向量自回归方法

Asian Journal of Economics and Empirical Research Pub Date : 2022-03-24 DOI: 10.20448/ajeer.v9i1.3803

Nzeh Innocent Chile, B. Uzoechina, M. Eze, O. Nwamaka, Okoli Uju Victoria

{"title":"Shocks to Monetary Policy Instruments: Does Credit to the Private Sector Respond in a Similar Manner to Public Sector Credit in Nigeria? A Vector Autoregressive Approach","authors":"Nzeh Innocent Chile, B. Uzoechina, M. Eze, O. Nwamaka, Okoli Uju Victoria","doi":"10.20448/ajeer.v9i1.3803","DOIUrl":"https://doi.org/10.20448/ajeer.v9i1.3803","url":null,"abstract":"This paper aims to investigate the response of private and public sector credit to shocks in monetary policy instruments with a view to ascertaining if the responses differ. The study utilized the vector autoregressive (VAR) model with monthly data covering the period from 2010M1 to 2021M8. Findings show that credit to private sector responds positively to shocks in money supply and monetary policy rate (MPR) in all periods. However, the response to cash reserve requirement (CRR) was negative beginning from period five, and it also responded negatively to foreign interest rate shock. On the other hand, credit to government was found to respond positively to shocks in money supply up to period two and CRR in all the periods, but it responded negatively to MPR starting from period three. The results of the variance decomposition show that other than shocks to itself, which was 100% in the first period, shocks to other variables influence private sector credit. Also, other than shocks to itself, which was 99.89% in the first period, shocks to other variables lead to shocks to credit to government. We therefore recommend that policies used to influence financial intermediation should factor in the sensitivity of both public and private sectors to these policy instruments and the impact of exogenous shocks should be factored into policy formulation.","PeriodicalId":360581,"journal":{"name":"Asian Journal of Economics and Empirical Research","volume":"70 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128501176","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

Forecasting the Oil Volatility Index Using Factors of Uncertainty 利用不确定性因素预测石油波动指数

Asian Journal of Economics and Empirical Research Pub Date : 2022-01-25 DOI: 10.20448/ajeer.v9i1.3666

Panagiotis Delis, Stavros Degiannakis, K. Giannopoulos

引用次数: 0

The Risk-Taking Behaviour of Tunisian Banks in the Post-Revolution Era: A Panel ARDL-PMG Approach 革命后突尼斯银行的冒险行为:一个小组ARDL-PMG方法

Asian Journal of Economics and Empirical Research Pub Date : 2022-01-03 DOI: 10.20448/journal.501.2022.91.1.12

Zied Saadaoui, Salma Mokdadi

{"title":"The Risk-Taking Behaviour of Tunisian Banks in the Post-Revolution Era: A Panel ARDL-PMG Approach","authors":"Zied Saadaoui, Salma Mokdadi","doi":"10.20448/journal.501.2022.91.1.12","DOIUrl":"https://doi.org/10.20448/journal.501.2022.91.1.12","url":null,"abstract":"This study investigates the long-term determinants of capital buffers and risk-taking adjustment by focusing on a sample of listed Tunisian commercial banks. This research uses hand-collected semi-annual data. The panel autoregressive distributed lags technique is used to control for unit root processes and to check for long-term determinants of capital and risk-taking adjustment. The empirical findings prove the existence of a moral hazard and procyclical behaviour of Tunisian banks in response to capital requirements. However, some results indicate that capital standards are still an important prudential tool for ensuring the robustness of Tunisian banks. There have been no previous studies focusing on this issue in the context of the Tunisian banking system in the turbulent post-revolution era. This paper innovates by assuming that a set of bank-specific, macroeconomic and regulatory variables exert a long-term rather than a short-term influence on capital buffers and risk-taking. The research does not consider a possible long-term simultaneous relationship between capital and risk-taking. The sample could be extended if data were available. Tunisian banks are advised to diversify their sources of revenues and to thoroughly revise their business models in order to become less dependent on revenues from traditional intermediation activities and to reduce the procyclicality of the banking system.","PeriodicalId":360581,"journal":{"name":"Asian Journal of Economics and Empirical Research","volume":"223 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122894707","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