International Journal of Economics Management and Accounting最新文献

{"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":"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}

{"title":"EFFECTS OF INTEREST RATE ON HOUSING PRICES IN KENYA","authors":"Rodrick Koome, S. Njaramba","doi":"10.47604/ijecon.1657","DOIUrl":"https://doi.org/10.47604/ijecon.1657","url":null,"abstract":"Purpose: The objective of the study was to examine the effect of interest rate on housing prices in Kenya. \u0000Methodology: The study used annual quantitative data for period 1960 to 2017. It employed Nonlinear Autoregressive Distributed Lag (NARDL) in determining the effects of negative and positive series of interest rates on housing prices.   \u0000Findings: A non-linear relationship between interest rates and housing prices was confirmed. Both the negative series and positive series of interest rate portrayed a negative effect on housing prices in short run. For long run, positive series have positive effect on housing prices while the negative series have negative effect. \u0000Unique Contribution to Theory, Practice and Policy: A completely developed theoretical model putting together all meaningful inter-linkages between macroeconomic variable and price of housing is absent. The only ultimate way to address the issue is through empirical means. The findings indicate the presence of a non-linear relationship between interest rate and housing prices. The Central Bank of Kenya can change the Central Bank Reference rate (CBR rate) to alter the cost of money and consequently housing prices. In formulating a policy change, the Central Bank of Kenya should be cognizant of both the non-linear relationship existing between interest rates and prices of housing and the different magnitudes of effect of the positive and negative series on housing prices. When housing prices increase, either an increase or decrease the interest rate by the CBK will result to a downward movement in prices of housing in the short run, but at higher magnitude from the interest rate decrease. For the long-run, a decrease in interest rate will decrease housing prices, making housing affordable and improving the standards of living for citizens. Any upward movement in interest rate will result to a long-run increase in housing prices making housing more expensive and consequently out of reach of most citizens.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"38 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80937165","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":"Impact of Foreign Remittances on Household Welfare in Bangladesh: Evidence from Public and Private Bank","authors":"","doi":"10.34104/ijma.022.00740088","DOIUrl":"https://doi.org/10.34104/ijma.022.00740088","url":null,"abstract":"Remittance is the rapidly growing source of income through which most emigrant households fulfill their daily expenditure. The study identifies the effect of foreign remittance and migration on household welfare in Bangladesh. The primary source is the main basis to collect data mostly which is collected from the public and private banks of Bangladesh. The research also considers the secondary data to display the trends of remittances over the past years, the effect of remittances on the gross domestic product (GDP), import payments, export earnings, and balance of payments. The research further applies descriptive statistics to illustrate the demographic features of migrants as well as to show the scenario of migration and remittances. It also applies multiple regression analysis to guess the household spending on education, healthcare, food, and financial inclusion. The estimated outcome from the analysis shows that foreign remittance has a more significant impact on household expenditure. The major portion of remittance is utilized for medical treatment, education, food purchasing, financial burden, and savings. Lastly, the research paper discloses that migrant workers contribute more to the economy of Bangladesh.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"9 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86899997","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 MACROECONOMIC FACTORS ON THE GROWTH OF THE INSURANCE INDUSTRY","authors":"Ben Kajwang","doi":"10.47604/ijecon.1600","DOIUrl":"https://doi.org/10.47604/ijecon.1600","url":null,"abstract":"Purpose: The purpose of this study was to examine the influence of macroeconomic factors on the growth of insurance industry in Kenya. \u0000Materials and Methods: The main research approach used in this study relied on review of previous studies related to the study topic. This involves the use of secondary data obtained from institution records, government publications, historical and statistical records etc. This type of data is frequently chosen since it can be conveniently accessed and reduces the need for field research. Therefore, this study will rely heavily on already published studies, journals and annual records of insurance companies in Kenya to obtain secondary data that will be used to draw the results, conclusion and recommendations of the study. \u0000Findings: The findings from the empirical studies were found to have conceptual, contextual and geographical gaps. This is because most of these studies discussed on either internal factors or both internal and macroeconomic factors influencing the performance or profitability of insurance companies. The findings of these studies were also limited to a few measures of growth of insurance firms. In addition, most of the empirical studies were not carried out in Kenya. Hence, the findings of these studies may differ due to the different governing systems used by different countries that also affect the operations of insurance companies. \u0000Unique contribution to theory, practice and policy: This study will be of great benefit to the different stakeholders in the insurance sector in Kenya. The management of the insurance companies will gain a broad understanding of the numerous macroeconomic factors and how they impact the performance and profitability of insurance firms. The policymakers in the insurance industry will also benefit from the suggestions and recommendations given on measures and policies that can be used to reduce the adverse effects of macroeconomic factors on the growth of the insurance industry. The findings of the study can also be used as a reference point to identify the macroeconomic factors that have a positive influence and those with a negative influence on the development of the insurance industry. Further, this study will also be relevant to the different researchers and academicians since the study's findings will be incorporated into their body of literature and act as a basis for their empirical studies. On the other hand, the scholars may also be  motivated to carry out additional research in order to improve on the theories used in this study and fill any identified research gaps.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"51 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87025821","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":"Parallels between structural estimation and causal inference: A discussion of ★","authors":"Toni M. Whited","doi":"10.1016/j.jacceco.2022.101541","DOIUrl":"https://doi.org/10.1016/j.jacceco.2022.101541","url":null,"abstract":"","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"6 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84868734","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":"Liquidity risk, macroprudential regulation and bank performance: empirical evidence from Vietnamese commercial banks","authors":"M. Nguyen, T. N. Tran, Tuan Huu Nguyen","doi":"10.38203/jiem.022.2.0045","DOIUrl":"https://doi.org/10.38203/jiem.022.2.0045","url":null,"abstract":"This paper attempts to cover the gap in the literature on the effects of liquidity risks and macroprudential policies on the performance of domestic banks in Vietnam. The two-way fixed effects and fixed effects generalized least squares methods are employed to analyze panel data from 31 Vietnamese commercial banks from 2006 to 2020. The results show that the liquid assets to total assets ratio has a positive effect on bank performance, which is measured by net interest margin. Stricter macroprudential regulations, which are represented by the short-term funding for mid-to-long-term loans ratio, improve domestic banks’ performance when taking the increase of foreign bank presence into account.","PeriodicalId":42721,"journal":{"name":"International Journal of Economics Management and Accounting","volume":"91 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74943176","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}