NRB Economic Review最新文献_第3页

Technical Efficiency of Nepalese Banking Sector 尼泊尔银行业的技术效率

NRB Economic Review Pub Date : 2018-11-01 DOI: 10.3126/nrber.v30i2.52286

Kishor Hakuduwal

{"title":"Technical Efficiency of Nepalese Banking Sector","authors":"Kishor Hakuduwal","doi":"10.3126/nrber.v30i2.52286","DOIUrl":"https://doi.org/10.3126/nrber.v30i2.52286","url":null,"abstract":"The paper estimates and assesses the technical efficiency at individual and aggregate levels and categorizes groups of banks at various ranges of efficiency. The commercial and development banks established before 2005 in Nepal has been considered as the population of the study and 20 banks are selected using systematic random sampling. The 180 observations of nine year’s panel data from FY 2006/07 to FY 2014/15 has been used. Stochastic Frontier Approach is used taking three input variables i.e. capital, deposit and human resource cost, and one output variable i.e. loans and advance of sampled banks for analysis. The study found that the average technical efficiency (TE) by nature of banks provide commercial banks as the more efficient than development banks. The joint venture banks are the most efficient than other categories of banks. The average efficiency of banks established inside the Kathmandu valley (Head Office located inside Kathmandu) is lower than the average efficiency of banks established outside the Kathmandu valley (Head Office located outside Kathmandu). Similarly, the banks established after 1995 are found more efficient than the banks established before 1995. The study has important implications for the policymakers to take corrective actions for improving the efficiency of the Nepalese banking sector with respect to human resource policy, deposit collection policy and loan management policy.","PeriodicalId":372963,"journal":{"name":"NRB Economic Review","volume":"308 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123605611","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 Link between Remittance and Economic Growth: An ARDL Bound Testing Approach 汇款与经济增长之间的联系:一种ARDL约束检验方法

NRB Economic Review Pub Date : 2018-11-01 DOI: 10.3126/nrber.v30i2.52277

K. Dhungel

引用次数: 4

Macro Modeling Practices at Nepal Rastra Bank 尼泊尔拉斯特拉银行的宏观建模实践

NRB Economic Review Pub Date : 2018-05-11 DOI: 10.3126/nrber.v30i1.52296

Nepal Rastra Bank Research Department

引用次数: 0

Fiscal Imbalances in Nepal's Federalism : An Empirical Analysis 尼泊尔联邦制的财政失衡:实证分析

NRB Economic Review Pub Date : 2018-05-11 DOI: 10.3126/nrber.v30i1.52300

A. Wagle

引用次数: 1

Revisiting Money-Price Relationship in Nepal Following a New Methodological Framework 在新的方法框架下重新审视尼泊尔的货币价格关系

NRB Economic Review Pub Date : 2018-05-11 DOI: 10.3126/nrber.v30i1.52297

M. Shrestha, G. Bhatta

引用次数: 5

Impact of Exchange Rate on Trade Deficit and Foreign Exchange Reserve in Nepal: An Empirical Analysis 汇率对尼泊尔贸易逆差和外汇储备影响的实证分析

NRB Economic Review Pub Date : 2018-05-11 DOI: 10.3126/nrber.v30i1.52299

Deepak Adhikari

{"title":"Impact of Exchange Rate on Trade Deficit and Foreign Exchange Reserve in Nepal: An Empirical Analysis","authors":"Deepak Adhikari","doi":"10.3126/nrber.v30i1.52299","DOIUrl":"https://doi.org/10.3126/nrber.v30i1.52299","url":null,"abstract":"The objective of the study is to examine the impact of exchange rate on trade deficit and foreign exchange reserve in Nepal. The hypotheses of the study are: (a) there is no significant positive association between nominal exchange rate and foreign exchange reserve and (b) there is no significant relationship between nominal exchange rate of Nepalese rupee with US dollar and trade deficit. As empirical analysis shows that one percentage point depreciation of the Nepalese rupee (NPR) with respect to US dollar results in an (a) increase in reserve by 0.82 percentage points and (b) decline in trade deficit by 0.75 percentage points, the null hypotheses are rejected, thus suggesting that maintaining NPR undervalued with US dollar can improve trade deficit and increase foreign exchange reserves. However, because of pegging with Indian currency, NPR sometimes appreciates in line with Indian currency. This situation could be counterproductive for improving trade deficit and increasing foreign exchange reserve of Nepal. In conclusion, considering the external sector stability as one of the major policy objectives, exchange rate policy can be fine-tuned to correct the trade deficit and maintain adequate foreign exchange reserve to sustain imports and service external debt.","PeriodicalId":372963,"journal":{"name":"NRB Economic Review","volume":"288 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116585251","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

Work Family Conflict and Career Satisfaction in Banking Sector of Nepal 尼泊尔银行业工作家庭冲突与职业满意度

NRB Economic Review Pub Date : 2018-05-11 DOI: 10.3126/nrber.v30i1.52301

Jyoti Regmi Adhikary

引用次数: 2

Mergers and Acquisitions of the Financial Institutions: Factors Affecting the Employee Turnover Intention 金融机构并购:影响员工离职意愿的因素

NRB Economic Review Pub Date : 2017-10-11 DOI: 10.3126/nrber.v29i2.52510

Rojan Baniya, S. Adhikari

{"title":"Mergers and Acquisitions of the Financial Institutions: Factors Affecting the Employee Turnover Intention","authors":"Rojan Baniya, S. Adhikari","doi":"10.3126/nrber.v29i2.52510","DOIUrl":"https://doi.org/10.3126/nrber.v29i2.52510","url":null,"abstract":"A prudent analysis of the factors affecting turnover intention of the employees after mergers and acquisitions should guide the managers to prevent the fallout of employees during such complex process; the primary objective of this study is to identify those factors that influence turnover intention of the employees. Drawing from the previous studies, a conceptual framework was developed that took into account pre-merger organizational identification, procedural justice, utility with the merger, non-monetary benefits, monetary benefits, trust with merger and adequate authority delegation as variables that influence post-merger organizational identification and satisfaction with the merger. The results illustrate that pre-merger organization identification, utility with the merger, and trust with merger significantly predicted the post-merger organization identification, whereas only trust with merger significantly predicted the satisfaction with the merger. Furthermore, the study elucidates that the post-merger organizational identification could prevent the turnover intention among the employees. The findings of the study unravel sentiments of the employees during the consolidation process and provide the practitioners and the policy-makers with a base to develop an effective strategy to prevent turnover of employees during the mergers and acquisitions.","PeriodicalId":372963,"journal":{"name":"NRB Economic Review","volume":"106 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128151287","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

Potential Output and Output Gap Estimates for Nepal 尼泊尔的潜在产出和产出缺口估计

NRB Economic Review Pub Date : 2017-10-11 DOI: 10.3126/nrber.v29i2.52417

Pradeep Raj Poudyal, B. Budha, Sajana Silpakar, Siddha Raj Bhatta, N. Thapa

引用次数: 0

Stock Index, Interest Rate and Gold Price of Nepal: Cointegration and Causality Analysis 尼泊尔股票指数、利率与黄金价格:协整与因果分析

NRB Economic Review Pub Date : 2017-10-11 DOI: 10.3126/nrber.v29i2.52511

Hom Nath Gaire

{"title":"Stock Index, Interest Rate and Gold Price of Nepal: Cointegration and Causality Analysis","authors":"Hom Nath Gaire","doi":"10.3126/nrber.v29i2.52511","DOIUrl":"https://doi.org/10.3126/nrber.v29i2.52511","url":null,"abstract":"This study examines cointegration and causality between the NEPSE index vis-à-vis short term interest rates and gold prices in Nepal. Main objective of this study is to identify the long run equilibrium relationship as well as cause and effect relationship between the variables under consideration. Monthly time series data cover the period starting from January 2006 to December 2016, which were sourced from Nepal Stock Exchange (NEPSE), Nepal Rastra Bank (NRB) and Nepal Gold and Silver Dealers Association (NEGOSIDA). The results of the unit root (ADF) tests and Cointegration (Johansen) tests confirm that there is long-run equilibrium relationship between the NEPSE index, short term interest rates and gold prices in Nepal. In the meantime, Granger Causality test reveals that there is no causality between the gold price and NEPSE index. However, it is confirmed that there is unilateral causal relationship between the NEPSE index and short term interest rate which moves from interest rate to NEPSE index. From the test results it can be concluded that the short-term interest rates are the better predictor for NEPSE index and bullion (commodity) market is yet to be developed as substitute of the Stock Market.","PeriodicalId":372963,"journal":{"name":"NRB Economic Review","volume":"721 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116995511","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: 4