South Asian Journal of Macroeconomics and Public Finance最新文献_第4页

Comments on the Paper ‘The Optimal Distribution Rule of Federal Funds to States in India: A Suggested Methodology’ by Raychaudhuri and Roy (2021) 对Raychaudhuri和Roy（2021）的论文《联邦资金对印度各州的最优分配规则：一种建议的方法》的评论

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South Asian Journal of Macroeconomics and Public Finance Pub Date : 2022-03-14 DOI: 10.1177/22779787221083746

S. Sinha

引用次数: 0

Female Entrepreneurship and Marriage: Does Individualism Matter? 女性创业与婚姻：个人主义重要吗？

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South Asian Journal of Macroeconomics and Public Finance Pub Date : 2022-02-17 DOI: 10.1177/22779787211064505

Nabamita Dutta

引用次数: 1

Re-visiting the Armey Curve Hypothesis: An Empirical Evidence from India 重新审视军队曲线假说:来自印度的经验证据

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South Asian Journal of Macroeconomics and Public Finance Pub Date : 2022-02-03 DOI: 10.1177/22779787211054007

Neha Jain, Niharika Sinha

{"title":"Re-visiting the Armey Curve Hypothesis: An Empirical Evidence from India","authors":"Neha Jain, Niharika Sinha","doi":"10.1177/22779787211054007","DOIUrl":"https://doi.org/10.1177/22779787211054007","url":null,"abstract":"The present study aims to examine the relationship between government size and economic growth in India for the period from 1961 to 2018. Additionally, as a novel contribution, the current study also attempts to examine the existence of Armey curve and estimate the threshold level of government size in India. The empirical estimation uses time series analysis and employs quadratic ordinary least squares (OLS) function and autoregressive distributed lag (ARDL) bound testing approach to co-integration to examine the association between the variables. The result of the study confirms a long-run significant positive impact of government size on economic growth. The present study also finds the existence of Armey curve and supports the Armey curve hypothesis in India. There exists a positive impact of government size till the threshold level, and beyond the threshold level, the coefficient of economic growth tends to decrease. The estimated optimal government size is 11.89% for India; this shows that, currently, the government spends less than the optimum amount. It implies that India operates somewhere on the positive slope of the Armey curve, and there is a scope for the government to expand its size further. However, the findings of the study also suggest that a large size of the government can be harmful for the efficiency of economic growth; thus, adjusting the government at its optimum is crucial to the economy. JEL Classifications: B23, C01, C87, H11, H50, O47","PeriodicalId":40308,"journal":{"name":"South Asian Journal of Macroeconomics and Public Finance","volume":"11 1","pages":"168 - 184"},"PeriodicalIF":0.9,"publicationDate":"2022-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43401182","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: 2

Board Characteristics and Intellectual Capital Disclosures: Evidence from Sri Lanka 董事会特征与智力资本披露:来自斯里兰卡的证据

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South Asian Journal of Macroeconomics and Public Finance Pub Date : 2021-12-31 DOI: 10.4038/sajf.v1i2.33

K. Chandraratne, C. Pathirawasam, M. S. Mohamed

引用次数: 0

The Value Relevance of Financial Statements and Stock Price Returns: With Reference to the Companies at Colombo Stock Exchange 财务报表与股价回报的价值相关性:以科伦坡证券交易所上市公司为例

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South Asian Journal of Macroeconomics and Public Finance Pub Date : 2021-12-31 DOI: 10.4038/sajf.v1i2.37

S. M. D. Lakmal, R. Swarnapali

引用次数: 0

Factors Affecting Non-Performing Loan in Sri Lanka: A Qualitative Study 斯里兰卡不良贷款影响因素的定性研究

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South Asian Journal of Macroeconomics and Public Finance Pub Date : 2021-12-31 DOI: 10.4038/sajf.v1i2.34

A. Keshani, L. Jayatilake

引用次数: 0

Does Poverty Matter for Tax Revenue Performance in Developing Countries? 贫困对发展中国家的税收绩效有影响吗？

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South Asian Journal of Macroeconomics and Public Finance Pub Date : 2021-09-17 DOI: 10.1177/22779787211033506

S. Gnangnon

{"title":"Does Poverty Matter for Tax Revenue Performance in Developing Countries?","authors":"S. Gnangnon","doi":"10.1177/22779787211033506","DOIUrl":"https://doi.org/10.1177/22779787211033506","url":null,"abstract":"This article explores the effect of poverty on tax revenue performance (tax revenue share), using an unbalanced panel data set of 102 developing countries over the period from 1996 to 2015. Based on the two-step system generalized methods of moments (GMM) approach, the empirical analysis shows that higher poverty rates significantly reduce tax revenue performance in developing countries. However, the magnitude of this negative effect is lower in least developed countries (LDCs) than in other countries of the sample. The analysis has also revealed that the tax revenue performance effect of poverty depends on the level of household consumption as well as the prevailing unemployment rate in the economy. Finally, development aid inflows help to mitigate the negative effect of poverty on tax revenue performance in developing countries. These findings not only highlight the importance of poverty for tax revenue performance in developing countries, but they additionally show that the provision of higher amounts of development aid to these countries could help them mitigate the adverse tax revenue effect of poverty, and even allow them to enjoy higher tax revenue performance, which is key for attaining their development objectives. JEL Classification: I30, I32, H20","PeriodicalId":40308,"journal":{"name":"South Asian Journal of Macroeconomics and Public Finance","volume":"11 1","pages":"7 - 38"},"PeriodicalIF":0.9,"publicationDate":"2021-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45679438","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

Impact of Financial Leverage on Firm Profitability: Evidence from Non-Financial Firms Listed in Colombo Stock Exchange- Sri Lanka 财务杠杆对企业盈利能力的影响:来自科伦坡证券交易所非金融上市公司的证据

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South Asian Journal of Macroeconomics and Public Finance Pub Date : 2021-06-01 DOI: 10.4038/sajf.v1i1.29

M. Ravindran, L. Kengatharan

引用次数: 5

The Impact of Corporate Governance on Dividend Policy: An Empirical Evidence from Listed Companies in Sri Lanka 公司治理对股利政策的影响:来自斯里兰卡上市公司的经验证据

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South Asian Journal of Macroeconomics and Public Finance Pub Date : 2021-06-01 DOI: 10.4038/sajf.v1i1.26

L. Fernando, D. Dissanayake, M. Mendis

{"title":"The Impact of Corporate Governance on Dividend Policy: An Empirical Evidence from Listed Companies in Sri Lanka","authors":"L. Fernando, D. Dissanayake, M. Mendis","doi":"10.4038/sajf.v1i1.26","DOIUrl":"https://doi.org/10.4038/sajf.v1i1.26","url":null,"abstract":"Purpose: This study aims to measure the relationship between corporate governance and dividend policy of Sri Lankan listed companies with the highest market capitalization, using the Agency theory. Methodology: The sample is based on the listed companies with the highest market capitalization at the Colombo Stock Exchange for a four-year period. The independent variables of this research include the board size, board independence, board gender diversity, board meetings, independent directors in audit committee, audit committee meetings, independent directors in remuneration committee and remuneration committee meetings. The dependent variables are dividend per share and dividend payout ratio. Descriptive analysis and Panel regression analysis were conducted to analyze the data. Findings: Independent directors in audit committee and return on assets have a significant positive impact on the dividend policy. Remuneration committee meetings have a significant negative impact on the dividend policy. However, board size, board meetings, board independence, board gender diversity, audit committee meetings, independent directors in remuneration committee, firm size and leverage have no significant impact on the dividend policy. According to the findings, corporate governance has an influence on the dividend policy of the listed companies during the period. Originality: This study fills the research gap in the local context, and this can be recommended for further research, changes in the academic concepts, and modifications in the accepted theories.","PeriodicalId":40308,"journal":{"name":"South Asian Journal of Macroeconomics and Public Finance","volume":"56 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84147460","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

The Effect of Exports and Imports on Exchange Rate over Short and Long Time Horizons: Evidence from Asian Countries 进出口对汇率的短期和长期影响:来自亚洲国家的证据

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South Asian Journal of Macroeconomics and Public Finance Pub Date : 2021-06-01 DOI: 10.4038/sajf.v1i1.27

D. Dissanayake, G. A. P. Kethmi

引用次数: 0