{"title":"TECHNICAL EFFICIENCY ESTIMATES OF COFFEE PRODUCTION IN DAVAO CITY, PHILIPPINES: A DATA ENVELOPMENT APPROACH","authors":"Leomar M. Sabroso, A. Tamayo","doi":"10.46827/ejefr.v6i2.1283","DOIUrl":"https://doi.org/10.46827/ejefr.v6i2.1283","url":null,"abstract":"The Philippine coffee industry is dominated by small-scaled farm households. This study was conducted to measure the technical efficiency of coffee production in Davao City using Data Envelopment Analysis. The study also determined the factors that contribute to the technical efficiency of coffee farms using Logistic Regression. Among the 166 respondents obtained, the study revealed that only 11 DMUs are technically efficient operating under constant return to scale while 154 and 1 were technically inefficient operating under increasing return to scale and decreasing return to scale, respectively. This means that input such as farm size, labor, number of coffee trees, age of coffee trees, fertilizers and pesticides has to be adjusted in order to reach the frontier to be technically efficient DMUs in which coffee farms are the potential to increase production if provided with appropriate support. Furthermore, to achieve bias-corrected DEA technical efficiency scores, Bootstrapping was done and later used for regression. Meanwhile, the logistic regression results revealed that there were significant relationships between technical efficiency and socioeconomic such as Age of Household Head, Sex, Access to Credit, Cropping System, Technology, and Coffee Variety. However, the logistic regression also revealed the factors that have no statistically significant relationship in the variables such as Education, Farm Experiences, Household Size, Extension Services, and Off-farm Activities. JEL: L60; L66; O13 Article visualizations:","PeriodicalId":376871,"journal":{"name":"European Journal of Economic and Financial Research","volume":"58 10","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134005292","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":"FISCAL POLICY AND EMPLOYMENT GENERATION IN NIGERIA","authors":"C. George-Anokwuru","doi":"10.46827/ejefr.v6i2.1282","DOIUrl":"https://doi.org/10.46827/ejefr.v6i2.1282","url":null,"abstract":"This paper investigated the influence of fiscal policy on employment generation in Nigeria. The analyzed data, spanning 1981 to 2020 were obtained from the statistical bulletin of Nigeria’s apex bank and the country’s Bureau of Statistics. The Error Correction Model was applied as the main analytical tool. The results showed that aggregate government expenditure has a positive but insignificant influence on the employment rate. In addition, total tax revenue and external debt service have negative and insignificant influences on the employment rate in Nigeria. What this suggests is that fiscal policy tools of aggregate government expenditure, total tax revenue and external debt service have not effectively helped to increase the level of employment in Nigeria. Generating from the findings, this paper suggested that government should maintain fiscal prudence and ensure that total tax revenue is efficiently and effectively utilized to provide infrastructural facilities and social amenities that will help the various sectors of the economy to function very well thereby generating enough employment in the country.JEL: O15; E24; J21; H60 Article visualizations:","PeriodicalId":376871,"journal":{"name":"European Journal of Economic and Financial Research","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128799697","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}
Mohamad Akmal Bin Harun, Rizzuan Bin Yunhendri, Mohd Rafie Bin Shaharudin, Kumaran Kanapathipillai
{"title":"THE IMPACT OF SELF-EFFICACY AND CREATIVE PROCESS ENGAGEMENT ON INNOVATIVE WORK BEHAVIOUR IN THE TELECOMMUNICATION INDUSTRY IN MALAYSIA","authors":"Mohamad Akmal Bin Harun, Rizzuan Bin Yunhendri, Mohd Rafie Bin Shaharudin, Kumaran Kanapathipillai","doi":"10.46827/ejefr.v6i2.1273","DOIUrl":"https://doi.org/10.46827/ejefr.v6i2.1273","url":null,"abstract":"This study aimed to illuminate the influence of self-efficacy and creative process engagement on employees' innovative work behaviour in the telecommunication industry in Malaysia. To determine whether these two variables are linearly related, the researchers have applied the quantitative method to test the hypothesis developed for this study. The correlation procedure was used to test the strength of association, and the linear regression procedure was used to test the relationships between the quantitative variables. The population of this study was 45,093 employees working for 214 telecommunication employers in the southern and western regions of Malaysia. A self-administered survey was utilised to gather the data for this research. A total of 424 respondents provided the data to derive the analysis and conclusion for this study. It was shown that self-efficacy directly influences employees' cooperation and efforts, indicating that self-efficacy has a motivating potential for innovative work behaviours. Innovative work behaviour requires strong self-efficacy and involvement in the creative process. Commitment is a huge concern since the causes and consequences of inventive working behaviour may differ greatly depending on whether the emphasis is on self-efficiency or creative process engagement. It seems from the outcomes of this study that self-efficacy and participation in the creative process may help increase creativity and innovation. According to this research, innovative thinking is more likely to be associated with employees who are confident in their abilities to execute challenging tasks and multitask. Employees' capacity to innovate will improve if they have a sense of self-efficacy and participation in the creative process. This will help employees solve problems, enhance their creativity, and create new ideas. JEL: L20, L23, L96 Article visualizations:","PeriodicalId":376871,"journal":{"name":"European Journal of Economic and Financial Research","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132421142","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":"CREDIT RISK AND PERFORMANCE EVALUATION OF COOPERATIVES IN REGION XI USING DATA ENVELOPMENT ANALYSES (DEA)","authors":"Edgardo D. Cruz, Jesson Rey F. Sabado","doi":"10.46827/ejefr.v6i1.1268","DOIUrl":"https://doi.org/10.46827/ejefr.v6i1.1268","url":null,"abstract":"<p>This paper illustrated the methodology that indicates how the Standard and Negative Data Envelopment Analysis (DEA) techniques can be applied to predict likely failures in cooperatives. The general objective of this study is to develop a model that will provide a reasonably accurate means of evaluating the creditworthiness of cooperatives in Region 11 using information obtained from the Financial Statement submitted to the Cooperative Development Authority. The results showed that the Standard DEA could predict cooperatives that are likely to fail in combination with the Negative DEA. The proposed methodologies identify companies with a high risk of going bankrupt by looking at their total financial situation.</p><p><strong>JEL:</strong> E51; L10; L20</p><p> </p><p><strong> Article visualizations:</strong></p><p><img src=\"/-counters-/edu_01/0954/a.php\" alt=\"Hit counter\" /></p>","PeriodicalId":376871,"journal":{"name":"European Journal of Economic and Financial Research","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114999000","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":"LEADERSHIP STYLE AND PERFORMANCE OF FIVE STAR HOTELS IN NAIROBI COUNTY, KENYA","authors":"Ann Mercy Wanjiku, Patricia Kungu","doi":"10.46827/ejefr.v6i1.1262","DOIUrl":"https://doi.org/10.46827/ejefr.v6i1.1262","url":null,"abstract":"The 5-star hotels in Nairobi have experienced dwindling customer numbers, reduced services and products offered and quality of service as a result of decreasing number of tourists following the 2017 repeat election declaration, terrorism attacks in Dusit D2 and Corona Virus pandemic. The reduced number of customers has affected the growth, expansion, sales and number of employees in the hotel industry in Kenya. The industry also has encountered a reduced number of tourist activities which has affected customer outreach levels in the years 2016 to 2020. The current study, therefore, sought to evaluate the effects of leadership style on the performance of five-star hotels in Nairobi County, Kenya. The study was anchored on resource-based theory. A descriptive research design was used. The unit of analysis was Nairobi City County’s five-star hotels and the unit of observation was the senior hotel managers. Data were collected from 104 senior managers and due to the small number, the research used a census study. Questionnaires were used to collect primary data. The drop and pick later method was used to collect data. Test for reliability was done through the Cronbach Alpha test and content validity and construct validity were tested through the pilot test. Qualitative and quantitative analysis techniques were used. Descriptive measures such as mean, frequency and standard deviation were used. Inferential statistics such as correlation and regression analysis were used to present the linear relationship between variables. Data was presented in tables/figures. The significant majority of respondents said that hotel management has the ability and skill to conduct an initiative of change. The study found that leadership had a favorable impact on five-star hotel performance. Environmental scanning should be encouraged in hotels because it is the only way to alleviate stress during leadership.JEL: L80; L83 Article visualizations:","PeriodicalId":376871,"journal":{"name":"European Journal of Economic and Financial Research","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114576907","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":"DIMENSIONS OF FINANCIAL WELLBEING: AN ALTERNATIVE SCALE FOR MICROFINANCE BORROWERS IN DIGOS CITY, PHILIPPINES","authors":"Freddy C. Navarro, J. V. Murcia","doi":"10.46827/ejefr.v6i1.1245","DOIUrl":"https://doi.org/10.46827/ejefr.v6i1.1245","url":null,"abstract":"<p>The aim of this study is to establish the dimensions of financial wellbeing of microfinance borrowers in Digos City. A sequential-exploratory mixed methods research design was used as the approach of the study, and data were gathered from N=10 key informant interviews which then became the basis in the development of the preliminary 30-item financial wellbeing scale. A total of N=377 lenders of microfinance institutions in Digos City participated in the cross-sectional online and face-to-face survey. Descriptive statistics and multivariate analysis via exploratory factor analysis were used as statistical tools, all carried in IBM-SPSS 20. Results revealed that 26 of the 28 items were found to have passed the +0.40-coefficient requirement. These 26 items clustered in five extracted dimensions. Thematic analysis of the item loadings revealed three valid dimensions – freedom from debt, investment and financial discipline, and financial resilience – all with acceptable Cronbach’s α and McDonald’s ω values. Implications of the utility of this alternative scale of financial wellbeing are discussed.</p><p><strong> </strong></p><p><strong>JEL</strong>: D01; D31</p><p> </p><p><strong> Article visualizations:</strong></p><p><img src=\"/-counters-/edu_01/0935/a.php\" alt=\"Hit counter\" /></p>","PeriodicalId":376871,"journal":{"name":"European Journal of Economic and Financial Research","volume":"91 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132801989","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":"ANALYSIS OF DIRECT TAXES AND GROSS DOMESTIC PRODUCT OF THE KENYAN ECONOMY","authors":"J. Obura","doi":"10.46827/ejefr.v6i1.1240","DOIUrl":"https://doi.org/10.46827/ejefr.v6i1.1240","url":null,"abstract":"Gross Domestic Product acts as an indicator of the economic growth of a country. To enhance economic growth, the government must initiate development that would spur such growth. Gross Domestic Product represents the rise or fall in per capita income. To facilitate such development, the government should ensure consistent income through taxation. The purpose of this study was to establish the relationship between direct taxes and the Gross Domestic Product of the Kenyan economy. The independent variable was direct tax while the dependent variable was real Gross Domestic Product. The Benefit theory of taxation was used in the study. Time series data collected from Economic Survey for 21 years covering the period 1999-2020 was used in the study. The data was analyzed using inferential statistics. The results showed that direct tax accounted for 84% of real GDP during the period under study (R2=.85) ad that there was a strong positive correlation between direct tax and real GDP (R=.916). Moreover, it was revealed that a unit standard increase in direct tax would significantly lead to .916 increase in real GDP (ß=.916, p<0.05). In conclusion, the study failed to accept the null hypothesis and concluded that Direct Taxes have a significant relationship with the Real Gross Domestic Product of the Kenyan economy. The study recommended that government should ensure an effective and efficient way of collecting and utilizing direct taxes since they have a direct bearing on the growth of the economy. JEL: O10; O40 Article visualizations:","PeriodicalId":376871,"journal":{"name":"European Journal of Economic and Financial Research","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128830964","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}
Joseph Akeerebari Topbie, Fiberesima Ibiwari, Godgift Anyamaobi Nwankwo
{"title":"IMPACT OF MACROECONOMIC BEHAVIOUR ON DEPOSIT MONEY BANK LIQUIDITY IN NIGERIA","authors":"Joseph Akeerebari Topbie, Fiberesima Ibiwari, Godgift Anyamaobi Nwankwo","doi":"10.46827/ejefr.v6i1.1209","DOIUrl":"https://doi.org/10.46827/ejefr.v6i1.1209","url":null,"abstract":"According to Keynes (1936), money is the most liquid asset. Liquidity is an attribute to an asset. The more quickly an asset is converted into money the more liquid it is said to be. Purpose: this study was carried out to determine the long-run and short-run impact of macroeconomic behaviour as measured by money supply, exchange rate, real interest rate, and credit to the private sector on deposit money bank liquidity in Nigeria as measured by liquidity ratio; using annual time-series data ranging from 1990 to 2020. Methodology/Technique: the purpose of this study was achieved by the application of Autoregressive Distributed Lag Technique (ARDL) together with Augmented Dickey-Fuller and Phillip-Peron Tests. Findings: it was revealed that the liquidity ratio converged with 3.17% to long-run equilibrium after a shock to explanatory variables. It further displayed that the current level of money supply and real interest rate had a negative but significant impact on liquidity ratio, whereas, one-year lag and two-year lag of money supply, real interest rate, and exchange rat positively impacted liquidity ratio in both long-run and short-run. Conversely, it was revealed that one-year lag, two-year lag, and three-year lag of credit to the private sector had a negative and insignificant impact on liquidity ratio in the long-run, while it negatively and significantly impacted liquidity ratio in the short-run. Conclusion/Policy Recommendations: As a result of the findings, the study recommended that government policies that will enforce sustainable and efficient liquidity ratio be made feasible in the banking sector. JEL: E10; E20; E40 Article visualizations:","PeriodicalId":376871,"journal":{"name":"European Journal of Economic and Financial Research","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128373120","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":"INFLUENCE OF TAX COMPLIANCE COST ON HOSTEL OWNERS’ COMPLIANCE TO RENTAL INCOME TAX IN LAIKIPIA WEST SUB COUNTY, KENYA","authors":"Denis Brian Gichuru, John Wahome","doi":"10.46827/ejefr.v6i1.1207","DOIUrl":"https://doi.org/10.46827/ejefr.v6i1.1207","url":null,"abstract":"The Government of Kenya through the Finance Act 2015 introduced a simplified rental income tax. This is a monthly tax payable by a resident person for rental income earned from use or occupation of residential property. Upon the gazettement of the Income Tax (Residential Rental Income Tax) Regulations, 2016, the Kenya Revenue Authority embarked on an aggressive campaign to enlist landlords into the Monthly Rental Income Tax regime. However, the Economic Survey 2021 showed that the country’s revenue collecting agency KRA was not able to meet revenue targets as set by the National Treasury. Comparison of National Government Budget Estimates with Actual Out – turns for the fiscal years 2017/2018 and 2018/2019 showed that KRA missed the Budgeted Ordinary Revenue targets by Kshs.128.7 Billion and Kshs.90.1 Billion respectively. Property taxes including rental income tax are part of the ordinary revenue collected by the tax authority. The objective of the study was to investigate the influence of tax compliance cost on hostel owners’ compliance to the monthly rental income tax in Laikipia West Sub County. Quantitative data was collected using questionnaires. A census of the entire population of hostels was used to collect the required data. The collected data was analysed using the Statistical Package for Social Sciences (SPSS). The study established that an increase in tax compliance cost discourages compliance behavior since taxpayers tend to evade the costs either by under-declaring their monthly rental incomes or not declaring any income at all. The study recommends that KRA should scale up the tax payer education and awareness programs to ensure that more landlords are trained on how to file their own returns without having to use tax agents who make the process costly leading to non-compliance.JEL: H25, H26 Article visualizations:","PeriodicalId":376871,"journal":{"name":"European Journal of Economic and Financial Research","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124208541","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":"GROWTH IMPACT OF SAVINGS ON THE NIGERIAN ECONOMY","authors":"N. Nwonye, I. Ihegboro, V. C. Onah, Ojiako Ijeoma","doi":"10.46827/ejefr.v6i1.1203","DOIUrl":"https://doi.org/10.46827/ejefr.v6i1.1203","url":null,"abstract":"Savings in an economy can assume one of the several forms. These includes: Personal savings, corporate savings or business savings and Government savings. This study evaluated growth impact of savings on the Nigerian economy. The study specifically examined the effect total savings, private consumption expenditure, gross fixed capital formation and core credit to the private sector on the gross domestic product of Nigeria. Data for the study were sources from CBN statistical bulletin for a period of ten (10) years spanning through 2011 to 2020. The sourced data were analysed using multiple regression analysis, result of the analysis shows that total savings has positive and significant effect on the gross domestic product of Nigeria. It was also observed that private consumption expenditure has a negative and insignificant effect on the gross domestic product of Nigeria. The study further revealed that gross fixed capital formation has a negative and significant effect on the gross domestic product of Nigeria. It was also observed that core credit to the private sector has positive and significant effect on the gross domestic product of Nigeria. Based on the findings, the study recommends that the government should set a sound and fertile environment in order to foster domestic saving that will help to increase the level of economic growth in Nigeria. Government should increase the deposit rate of the deposit money banks in Nigeria through monetary policy. Government should transform the financial sector of the country. Government should create favorable condition in order to mobilize domestic savings from the small depositors.JEL: D01; D31 Article visualizations:","PeriodicalId":376871,"journal":{"name":"European Journal of Economic and Financial Research","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-01-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131056458","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}