Nguyen Binh Duong, Everett E. Mayers, Nguyen Duc Nhan, Dau Thu Huong, Hoang Thi Thuy Duong
{"title":"Extended environmental Kuznets curve in Asia-Pacific countries: an empirical analysis","authors":"Nguyen Binh Duong, Everett E. Mayers, Nguyen Duc Nhan, Dau Thu Huong, Hoang Thi Thuy Duong","doi":"10.38203/jiem.022.3.0053","DOIUrl":"https://doi.org/10.38203/jiem.022.3.0053","url":null,"abstract":"The effects of climate change are being recognized in all regions of the world and they are predicted to increase in the coming decades. This paper aims to study the impacts of economic growth, energy use, and trade liberalization on CO2 emissions in Asia-Pacific countries. By using panel data to build an Environmental Kuznet Curve (EKC), the empirical result shows that the EKC of Asia-Pacific countries has N-shape. Besides, the energy use is one of the factors that worsen the environment. Finally, trade liberalization is an important factor that improves environmental quality in the region.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"24 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86435341","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 proximity matter? The effect of financial sector development on economic growth in the EAC and SADC regional blocs","authors":"S. Alananga, Felician Mutasa","doi":"10.38203/jiem.022.3.0052","DOIUrl":"https://doi.org/10.38203/jiem.022.3.0052","url":null,"abstract":"This study examines the finance-growth nexus among countries in the Southern African Development Community and East Africa Community regional blocs. We aim to see if small economies can rely on expansionary monetary policies to stimulate economic growth given the illusive nature of such policies. The panel error correction model is applied to analyze the aggregated data, which were obtained from the World Development Indicators and the Comité Européen d'Etudes des Polyphosphates. The results indicate that proximity to trading giants jeopardizes the freedom to use monetary expansionary policies among relatively small countries. If such policies are adopted, it will be a significant impact on countries located in regions where trading powers are evenly distributed.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"26 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86166212","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}
Pham Thu Huong, Vo Xuan Vinh, Nguyen Thi Hien, Bui Thi Ly, Nguyen Ngoc Toan
{"title":"Foreign bank penetration in Vietnam following Vietnam’s accession to the WTO: matching expectations with reality","authors":"Pham Thu Huong, Vo Xuan Vinh, Nguyen Thi Hien, Bui Thi Ly, Nguyen Ngoc Toan","doi":"10.38203/jiem.022.3.0051","DOIUrl":"https://doi.org/10.38203/jiem.022.3.0051","url":null,"abstract":"Vietnam continuously liberalizes the financial market as a requirement for its accession to the World Trade Organization in 2007. This paper discusses the foreign investors’ expectation and their experience when penetrating into Vietnam’s market. The role of the foreign entrants is also assessed. By synthesizing and analyzing relevant research and reports, several important insights are discovered. Firstly, the presence of foreign investors and banks improves market competition, efficiency, and stability. Wholly and partly foreign-owned banks provide the spillover effects in management quality, in the introduction of world standard banking products and services, and in the application of information technology. Secondly, by looking into the foreign owned banks, it is found that the banks’ foreign investors are not likely to play an influential role in managing the banks they invested in. The motive of the investors to control the invested companies leads to their decision of holdings withdrawing.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"72 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87243647","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}
Le Thi Ngoc Bich, Hoang Bao Tram, Doan Quang Hung, Fillipo Marchesani, Bui Quang Tuan
{"title":"Firm innovation strategies and integration into the global value chains: how does the local business environment matter?","authors":"Le Thi Ngoc Bich, Hoang Bao Tram, Doan Quang Hung, Fillipo Marchesani, Bui Quang Tuan","doi":"10.38203/jiem.022.3.0054","DOIUrl":"https://doi.org/10.38203/jiem.022.3.0054","url":null,"abstract":"This study aims to unravel how different innovation strategies affect firms’ modes of integration into the global value chains. By applying the self-selection hypothesis and utilizing longitudinal data of firms in Vietnam on 27,664 observations from 2012 to 2018, we find that innovation strategies affect the probability and modes of integration into the global value chains. While firms that prioritize product innovation and research and development are more likely to export, those that focus on process improvement tend to sell more to foreign direct investment buyers. These relationships are influenced by the quality of the local business environment. The improved quality of the local business environment enhances the positive effects of these innovation strategies on firms’ integration into the GVCs. This enhancement effect is particularly important for small- and medium-sized firms. The findings suggest that to support firms in Vietnam to integrate into the GVCs, the quality of the local business environment must be improved and it could be done by enforcing public policies that are complementary to firms’ innovation policies.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"18 3","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72487787","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":"Interdependence of stock markets: evidence from Vietnam","authors":"Thi Anh-Dao TRAN, T. Dao, Thi Nhung Nguyen","doi":"10.38203/jiem.022.3.0056","DOIUrl":"https://doi.org/10.38203/jiem.022.3.0056","url":null,"abstract":"The study investigates the effect of spillovers regionally and worldwide on Vietnam’s stock market. The vector error correction model (VECM) is used to analyze the collected data from Bloomberg. Data include eight comparable stock market indices, namely DJI, NKY, SHCOMP, SET, MXSG, PCOMP, FBMKLCI, and JCI. The empirical results show that the Vietnamese stock market is significantly linked to that of the other countries. During the periods of dramatic market fluctuation, the cross-border linkage between the VN-Index and comparable indices is the largest. The impact of the stock markets of small nearby countries such as Singapore and Malaysia on the Vietnamese stock market are greater than the other large ones including the United States, Japan and China. The findings of this study contribute to the literature on the interdependence and interaction of stock markets. The common economic integration, especially in showing that effect found in other studies, is meaningful in explaining the observed phenomenon.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"33 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79221974","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":"Purchase Intention of Smartphones from China of Young Consumers in Bangladesh Based on Theory of Planned Behavior","authors":"","doi":"10.34104/ijma.022.0010400116","DOIUrl":"https://doi.org/10.34104/ijma.022.0010400116","url":null,"abstract":"The research intended to find out the purchase intention of smartphones from China of the young customer in Bangladesh. The research is the first attempt to find out the purchase intention of smartphones from China of young consumers in Bangladesh. The study focused on the young generation of Bangladesh basically. Hence, the study will concentrate on more than 200 university and college students in Bangladesh. The focus of the study is on behavioral intention to purchase smartphones and factors influencing purchasing intention. The development of the framework emerged from the discussion in the literature about the concepts of behavioral intention to purchase smartphones. The research follows the Theory of Planned Behavior (TPB). The data and information collected are transferred into the entry template using statistical packages for social science. The study found that perceived usefulness or attitude, subjective norms, perceived behavioral control, trust of quality, and brand goodwill of consumers significantly influence the purchase intention and behavior of purchasing smartphones from China of young consumers in Bangladesh. Moreover, purchase intention has a direct effect and mediating effect on perceived usefulness or attitude, subjective norms, perceived behavioral control, trust, and behavior of purchasing smartphones from China of young consumers in Bangladesh.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"21 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79234793","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 Effect of Corporate Income Tax on FDI Inflow in the Mining Sector in Tanzania","authors":"Gasto Mkonyi","doi":"10.47604/ijecon.1706","DOIUrl":"https://doi.org/10.47604/ijecon.1706","url":null,"abstract":"Purpose: Tanzania is one of the mineral-rich countries giving corporate income tax (CIT) concessions to encourage foreign direct investment (FDI). Tanzania's mining industry remains enticing to investors, owing to its expanding diversity. This paper assesses the impact of corporate income tax in the mining sector for the period of 1990 – 2020. The paper also sought to analyse the impact of other determinants of FDI namely, Political stability, Human capital and infrastructure on FDI inflow in the mining sector. \u0000Methodology: The study utilized secondary annual time series data collected from the World Bank (WB), Bank of Tanzania (BOT), and Foundation for Studies and Research on International Development (FERDI). The Autoregressive Distribution of Lags (Ardl) estimating approach was used to analyse the short-run and long-run relationship between FDI and corporate income tax as well as the aforementioned variables. \u0000Findings: A negative relationship between corporate income Tax and FDI inflow in the mining sector was confirmed. Thus, portraying both short-run and long-run effects of corporate income tax on FDI inflow in the mining sector. \u0000Unique Contribution to Theory, Practice and Policy: To encourage and increase FDI inflow in the mining sector, the government of Tanzania requires concerted efforts with relevant authorities that will ensure a fair moderation of corporate income Tax which will in turn increase tax compliance. The concerted efforts carter for factors linked with FDI inflow such as corporate income tax, political stability, human capital quality, and infrastructure. These factors align concurrently with the eclectic paradigm which is the anchoring theory of the study.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"18 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73057983","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 Demographic Dividend As A Pathway To Development: The Role of Fertility and Education in Sub-Saharan Africa. A Narrative Review","authors":"Akosua Osei-Appaw, A. Christian","doi":"10.47604/ijecon.1680","DOIUrl":"https://doi.org/10.47604/ijecon.1680","url":null,"abstract":"Purpose: Sub-Saharan African countries are experiencing rapid population growth. This is essential in achieving the Demographic Dividend. Age structure, fertility and education play a key role in the achievement of the Demographic Dividend. Although gains from age structure are crucial, its gains are not automatic. However, the inter-relatedness of fertility and education makes a reduction in fertility a cause and effect on investments in education. \u0000Methodology: This narrative review looks at studies discussing the Demographic Dividend from a development theory point of view. It is an attempt to explain how different countries within Sub-Saharan Africa are faring due to the inter-play between fertility and education. \u0000Findings: The results highlight how the Demographic Dividend is really an Educational Dividend. It also shows a negative correlation between education and fertility across regions and time. The political environment with emphasis on good governance plays a key role in harnessing the Demographic Dividend. Aside this, a fertility decline alone could worsen the existing economic conditions if it is not in tandem with higher education rates among young adults. This is in line with Ester Boserup’s view of seeing population as a resource. \u0000Unique contribution to theory, practice and policy (recommendation): A conducive political environment attracts investments and creates room for entrepreneurship and job creation which are necessary to be able to harness the Demographic Dividend. There’s the need to however, look at the definition of working age group and conditions necessary to promote entrepreneurship. \u0000 \u0000 ","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"42 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-10-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82799363","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":"Prospects of Developing Halal Tourism in Bangladesh: Possibilities and Challenges","authors":"","doi":"10.34104/ijma.022.009700103","DOIUrl":"https://doi.org/10.34104/ijma.022.009700103","url":null,"abstract":"Bangladesh is categorized as a moderate democratic Muslim country by the United Nations. Islam has played a significant role in the political and socio-cultural lives of the majority of the population of Bangladesh. The social value, norms, and ethics of Bangladeshi society are mainly based on the basic teachings of Islam. Bangladesh also has significant possibilities to develop tourism for its authentic natural beauty and diverse culture. The tangible and intangible Islamic heritages of the country are also noteworthy. Haram food and culture, prohibited in Islam, can hardly be seen in Bangladesh. So Bangladesh is an ideal destination for Muslim travelers, especially those who maintain the sharia order of Islam. The primary objective of the study is to ascertain if Bangladesh is a preferable destination for developing Halal tourism. The study discovered that Bangladesh would be an ideal destination.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"29 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83283009","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}
J. Nzomoi, Japheth Mutua, Hosea Kiprop, A. Kathambi
{"title":"AN ECONOMIC ANALYSIS OF KENYA’S HORTICULTURE EXPORT PERFORMANCE 2010 – 2021","authors":"J. Nzomoi, Japheth Mutua, Hosea Kiprop, A. Kathambi","doi":"10.47604/ijecon.1659","DOIUrl":"https://doi.org/10.47604/ijecon.1659","url":null,"abstract":"Purpose: The horticulture sector in Kenya has consistently dominated agricultural sector’s contribution to the economy’s GDP growth over the last two decades. This paper assesses the export performance of horticulture sector’s three main components of cut flowers, fruits and fresh vegetables for the period 2010 – 2021. The paper also sought to identify the challenges that affect the horticulture sector and propose ways of addressing the challenges. \u0000Methodology: The study utilized secondary annual time series data collected from the Kenya National Bureau of Statistics, the Central Bank of Kenya and the Food and Agriculture Organization of the United Nations. Descriptive statistics were used to analyze the data and draw inferences and conclusions. \u0000Findings: The study shows that the value of export revenues from cut flowers have been consistently higher than the earnings from fruits and fresh vegetables for the twelve year period from 2010 to 2021 with the highest earnings being recorded in 2018 when the subsector earned Ksh 113 Billion. Fresh vegetables recorded higher earnings than fruits over the same period, except for the year 2021 when fruit earnings were higher (at Ksh 27 Billion) than earnings from fresh vegetables (at Ksh 18 Billion). This is despite the fact that fruit volumes were lower than the vegetable volumes, implying that the export prices for the fruits were much better than the vegetable prices. Results also show that when real GDP dipped to negative 0.3 per cent in 2020 mainly due to the effects of COVID 19, horticulture export earnings stood at Ksh 151 Billion, perhaps a display of sectoral resilience to the adverse economic effects associated with COVID 19. There does not seem to be a clear relationship between real GDP growth and export earnings from horticulture products during the ten-year period of analysis. This tends to invalidate the export-led growth hypothesis. Key challenges facing the sector include overreliance on the EU market, pest infestation, low production and productivity and high cost of airfreight. \u0000Unique Contribution to Theory, Practice and Policy: Based on these findings, the paper concludes that Kenya’s export performance is way below its potential and recommends increased production to meet global demand and diversification of markets and product range.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"23 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90993388","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}