The Impacts of Farm Financial Structure on Production Efficiency

Farm financial structure may affect both short- and long-run input usage, thereby affecting farm efficiency. Any inefficiencies arising from the choice of inputs can be magnified over time as credit constraints continue to affect input usage. In a panel of 54 North Dakota crop farms, efficiency and debt structure were related. Intermediate debt was found to be positively related to farm technical efficiency, and short-term debt was negatively associated with technical efficiency. Use of intermediate-term debt was positively associated with farm-scale efficiency, whereas no significant relationship was found between short- and long-term debt and scale efficiency.

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PENGARUH NON PERFORMING FINANCING, CAPITAL ADEQUACY RATIO, BEBAN OPERASIONAL PENDAPATAN OPERASIONAL DAN NET IMBALAN TERHADAP RETURN ON ASSETS (STUDI PADA BANK MAYBANK SYARIAH PERIODE 2012-2019)

Niqosiya: Journal of Economics and Business Research ◽

10.21154/niqosiya.v1i1.108 ◽

2021 ◽

Vol 1 (1) ◽

pp. 78-93

Author(s):

Lely Awintasari ◽

Maulida Nurhidayati

Keyword(s):

Error Correction ◽

Error Correction Model ◽

Capital Adequacy ◽

Short Term ◽

Return On Assets ◽

Correction Model ◽

Long Run ◽

Capital Adequacy Ratio ◽

Short And Long Term

The purpose of this study is to analyze the influence of Non Performing Financing (NPF), Capital Adequacy Ratio (CAR), Operating Expenses operating income (BOPO) and Net Rewards (NI) ratio on Return On Assets of Maybank Syariah Bank. A bank's Return on Assets (ROA) is a ratio that shows the bank's success in making a profit. If the ROA obtained by a small bank as a result of the bank can suffer losses and hinder the growth of the bank. This research is a type of quantitative research with Error Correction Model method with a significance rate of 5%, with a total of 32 samples in the form of quarterly data published by Bank Maybank Syariah in 2012-2019. The findings in this study are that NPF negatively affects ROA in the short term but NPF has no effect on ROA in the long run. CAR has no effect on ROA in the short term but CAR has a positive effect on ROA in the long run. BOPO in the short and long term negatively affects ROA. NI in the short and long term has no effect on ROA. Simultaneously NPF, CAR, BOPO and NI both short-term and long-term affect ROA simultaneously. The amount of influence exerted in the short term is 89.20% while in the long term it is 88.57%. In order to increase ROA, Maybank Syariah Bank as much as possible to reduce the percentage of NPF and BOPO and can increase the CAR owned. Tujuan penelitian ini adalah untuk menganalisis pengaruh rasio kuangan Non Performing Financing (NPF), Capital Adequacy Ratio (CAR), Beban Operasional Pendapatan Operasional (BOPO) dan Net Imbalan (NI) terhadap Return On Assets Bank Maybank Syariah. Return on Assets (ROA) suatu bank merupakan rasio yang menunjukkan keberhasilan bank dalam menghasilkan keuntungan. Apabila ROA yang diperoleh bank kecil akibatnya bank dapat mengalami kerugian serta menghambat pertumbuhan bank tersebut. Penelitian ini berjenis penelitian kuantitatif dengan metode Error Correction Model dengan tingkat signifikansi 5%, dengan jumlah sampel sebanyak 32 yang berupa data triwulan yang dipublikasikan oleh Bank Maybank Syariah tahun 2012-2019. Temuan pada penelitian ini adalah NPF berpengaruh negatif pada ROA dalam jangka pendek tetapi NPF tidak berpengaruh pada ROA dalam jangka panjang. CAR tidak berpengaruh pada ROA pada jangka pendek namun CAR berpengaruh positif terhadap ROA dalam jangka panjang. BOPO dalam jangka pendek maupun jangka panjang berpengaruh negatif pada ROA. NI dalam jangka pendek maupun jangka panjang tidak berpengaruh pada ROA. Secara simultan NPF, CAR, BOPO dan NI baik jangka pendek maupun jangka panjang berpengaruh terhadap ROA secara simultan. Besarnya pengaruh yang diberikan pada jangka pendek adalah 89,20% sedangkan pada jangka panjang sebesar 88,57%. Untuk dapat meningkatkan ROA, Bank Maybank Syariah sebisa mungkin untuk menurunkan persentase NPF dan BOPO serta dapat meningkatkan CAR yang dimiliki.

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PENGARUH KEKUATAN PASAR TERHADAP KECUKUPAN MODAL PADA BANK KONVENSIONAL DAN SYARIAH DI INDONESIA

Jurnal Kajian Ekonomi dan Pembangunan ◽

10.24036/jkep.v1i1.5355 ◽

2019 ◽

Vol 1 (1) ◽

pp. 111

Author(s):

Yussi Ananda ◽

Hasdi Aimon ◽

Dewi Zaini Putri

Keyword(s):

Market Power ◽

Capital Adequacy ◽

Islamic Banks ◽

Short Term ◽

Correction Model ◽

Long Run ◽

Banking Market ◽

Short And Long Term ◽

Conventional Banks

This study aims to find out how the Influence of Market Power on Capital Adequacy in Conventional and Islamic Banks in Indonesia in the long and short term. The data used are secondary data in the form of time series from 2006: Q1 to 2016: Q4, with documentation data collection techniques and library studies obtained from relevant institutions and agencies. The variables used are Market Power, Deposits, Capital, Inflation and Economic Growth. The research methods used are: (1) Error Correction Model (ECM) Analysis, (2) Classical Assumption Test. The results of the study show that (1) Short-term paths of Conventional Bank Market Power are higher than Islamic banks. This means that in the short term the Konvensionsal Bank dominates the banking market in Indonesia. While in the long run Market Power in Islamic Banks is higher than Conventional Banks. So Islamic banks in the long run dominate the banking market in Indonesia. (2) In the short term and long term deposits at Conventional Banks are higher compared to Islamic Banks. So conventional banks in the short and long term can collect more banking funds in Indonesia. (3) In the short and long term capital in Islamic banks is higher than conventional banks. So Islamic banks in the short and long term dominate banking capital in Indonesia. (4) In the short and long term, inflation in conventional banks is higher compared to Islamic banks. So it can be said that conventional banks in the short and long term are influenced by inflationary shocks in Indonesia. (5) In the short-term and long-term economic growth in Islamic banks is higher than conventional banks. So it can be said that Islamic banks in the short and long term are influenced by the high and low level of Indonesia's economic growth.Keywords: Market Power, Capital Adequacy, Conventional and IslamicBanks, and Error Correction Model (ECM).

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The impacts of public investment on private investment and economic growth

Journal of Asian Business and Economic Studies ◽

10.1108/jabes-04-2018-0003 ◽

2018 ◽

Vol 25 (1) ◽

pp. 15-32 ◽

Cited By ~ 8

Author(s):

Canh Thi Nguyen ◽

Lua Thi Trinh

Keyword(s):

Economic Growth ◽

Public Investment ◽

Private Investment ◽

Short Term ◽

Content Type ◽

State Sector ◽

Positive Effects ◽

Long Run ◽

Short And Long Term

Purpose The purpose of this paper is to assess both short and long-term influences of public investment on economic growth and test the hypothesis that whether public investment promotes or demotes private investment in Vietnam. Design/methodology/approach The authors use the approach of autoregressive distributed lag model and Vietnam’s macro data in the period of 1990-2016, to evaluate the short and long-term effects of public investment on economic growth and private investment. The model evaluates the impact of public investment on economic growth and private investment based on the neoclassical theories. The public investment which strongly affects economic growth is also reflected by aggregate supply and demand. Public investment directly impacts aggregate demand as a government expenditure and aggregate supply as a production function (capital factor). Findings The results from this research indicate that public investment in Vietnam in the past period does affect economic growth in the pattern of an inverted-U shape as of Barro (1990), with positive effects mostly occurring from the second year and negative effects of constraining long-term growth. Meanwhile, investment from the private sector, state-owned enterprises, and FDI has positive effects on short-term economic growth and state-owned capital stock has positive impacts on economic growth in both the short and long run. The estimated influence of public investment on private investment also shows a similar inverted-U shape in which public investment have crowding-in private investment short-term but crowding-out in the long run. Practical implications The empirical findings in this study can be used for conducting a more efficient policy in restructuring the state sector investment in Vietnam. Originality/value The main contributions in this study are: to evaluate the impacts of public investment on economic growth and private investment, the authors extracted public investment in infrastructure from aggregate investment of state sector (as previous studies used); the authors also uses state-owned capital stock variable including cumulative public investment and state-owned enterprises investment suggesting that this could control for the different orders of integration between the stock and flow variable and improve the experimental characteristics of the equation to a higher degree.

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HUBUNGAN KAUSALITAS KEMISKINAN, TINGKAT PENGANGGURAN, DAN PERTUMBUHAN EKONOMI DI PROVINSI SULAWESI SELATAN

Jurnal Ekonomi Balance ◽

10.26618/jeb.v16i1.3505 ◽

2020 ◽

Vol 16 (1) ◽

pp. 13-23

Author(s):

Akhmad Akhmad

Keyword(s):

Economic Growth ◽

Economic Development ◽

Panel Data ◽

Causal Relationship ◽

Vector Autoregression ◽

Short Term ◽

South Sulawesi ◽

Long Run ◽

Short And Long Term

Economic development basically aims to increase economic growth, reduce poverty and unemployment. Therefore the research aims to find out the causal relationship between economic growth, unemployment and poverty in the Southern Province. This research used panel data of 24 districts / cities in South Sulawesi Province during 2007 to 2018, which was obtained from the Central Statistics Agency. Data were then analyzed using Vector Autoregression analysis. The results showed that shocks to economic growth have an impact on reducing unemployment and poverty rates both short and long term. Meanwhile shocks to unemployment, have an impact on increasing poverty rates in the short and long term, and have an impact on declining economic growth in the short term, but slowly economic growth returns to the balance point. Furthermore, the shock to poverty also has an impact on increasing unemployment in the short term, but slowly leads to a point of convergence in the long run. It is better to make economic growth decrease in the short term, but slowly towards the point of balance in the long run.

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PENGARUH NPF, BOPO, GDP DAN SBIS TERHADAP PERTUMBUHAN ASET PERBANKAN SYARIAH DI INDONESIA

Media Ekonomi ◽

10.25105/me.v27i1.5178 ◽

2019 ◽

Vol 27 (1) ◽

pp. 9

Author(s):

Nadhiera Ahya Dhiba ◽

Lavlimatria Esya

Keyword(s):

Significant Relationship ◽

Operating Cost ◽

Secondary Data ◽

Islamic Banking ◽

Short Term ◽

Operating Income ◽

Long Run ◽

Short And Long Term ◽

Long Term Behavior

This study aims to analyze the factors that influence the growth of Islamic banking assets in Indonesia in the short and long term. This study uses monthly secondary data from 2012 to 2016. The analytical model used is the Error Correction Model (ECM). The advantages of this model can explain short-term and long-term behavior. The results showed the Non-Performing Financing (NPF) variable in the short term had a negative and significant relationship while in the long run it had a negative and not significant relationship to the growth of Islamic banking assets in Indonesia. The Gross Domestic Product (GDP) variable in the short and long term has a positive and not significant relationship to the growth of Islamic banking assets in Indonesia. Operating Cost Variable to Operating Income (BOPO) in the short and long term has a positive and not significant relationship to the growth of Islamic banking assets in Indonesia. Indonesian Islamic Bank Certificate Variables (SBIS) in the short term have a positive and significant relationship while in the long run have a positive and not significant relationship to the growth of Islamic banking assets in Indonesia.

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INTERAKSI ASPEK PERMODALAN, RISIKO PEMBIAYAAN, DAN INDIKATOR MAKROEKONOMI DALAM MEMPENGARUHI PROFITABILITAS BPRS DI INDONESIA PERIODE 2014-2018

Jurnal Benefita ◽

10.22216/jbe.v5i3.5623 ◽

2020 ◽

Vol 5 (3) ◽

pp. 401

Author(s):

Feri Irawan

Keyword(s):

Economic Growth ◽

Time Series ◽

Error Correction ◽

Error Correction Model ◽

Series Data ◽

Short Term ◽

Correction Model ◽

Long Run ◽

Short And Long Term

ABSTRACTThis study aims to analyze the effect of capital aspects (CAR), financing risk (NPF) and macroeconomic variables including economic growth, inflation and the BI Rate on profitability (ROE) in the short and long term. By using time series data for the monthly period from 2013-2018 and the Error-Correction Model (ECM) and cointegration approach, it is found that CAR and NPF do not have a significant effect on ROE in the short and long term. Economic growth, inflation and the BI Rate in the short term do not have a significant effect on ROE, in the long run economic growth, inflation and the BI Rate have a significant effect on ROE. In the short term, economic growth, inflation and the BI Rate disturb the balance of profitability, but in the long run it returns to its equilibrium level. It is necessary to integrate the BPRS policy strategy in managing capital and risk with government policies related to economic growth and inflation. ABSTRACTPenelitian bertujuan menganalisis pengaruh aspek permodalan (CAR), risiko pembiayaan (NPF) dan variabel makroekonomi yang meliputi pertumbuhan ekonomi, inflasi dam BI Rate terhadap profitabilitas (ROE) dalam jangka pendek dan jangka panjang. Dengan menggunakan data time series periode bulanan dari tahun 2013-2018 dan pendekatan Error-Correction Model (ECM) dan kointegrasi, ditemukan bahwa CAR dan NPF tidak berpengaruh secara signifikan terhadap ROE dalam jangka pendek dan jangka panjang. Pertumbuhan ekonomi, inflasi dan BI Rate dalam jangka pendek tidak berpengaruh signifikan terhadap ROE, dalam jangka panjang pertumbuhan ekonomi, inflasi dan BI Rate berpengaruh signfikan terhadap ROE. Pada jangka pendek, pertumbuhan ekonomi, inflasi dan BI Rate menggangu keseimbangan profitabilitas namun dalam jangka panjang kembali pada tingkat keseimbangannya. Diperlukan pengintegrasi strategi kebijakan BPRS dalam mengelola permodalan dan risiko dengan kebijakan pemerintah terkait dengan pertumbuhan ekonomi dan inflasi.

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PENGARUH REAL MANIPULATION DALAM MEMODERASI CORPORATE ENVIRONMENTAL DISCLOSURE DAN CORPORATE FINANCIAL PERFORMANCE

National Conference of Creative Industry ◽

10.30813/ncci.v0i0.1311 ◽

2018 ◽

Cited By ~ 1

Author(s):

Kenny Ardillah

Keyword(s):

Financial Performance ◽

Stock Exchange ◽

Corporate Financial Performance ◽

Short Term ◽

Environmental Disclosure ◽

Long Run ◽

Sample Data ◽

Short And Long Term ◽

Positive Effect

This study aims to prove empirically the influence of real manipulation in moderating the negative corporate environmental disclosure against corporate financial performance in the short and long term. This research theory focuses on stakeholder theory.The research sample focuses on state-owned companies listed on the Indonesia Stock Exchange in the 2013-2016 period. The criteria for selecting research samples used purposive sampling method, so that it was obtained 11 companies that became the research sample. Data were analyzed using classic assumption test, descriptive statistic, and moderated regression analysis using SPSS 19.0.The results of this study are corporate environmental disclosure has a positive effect on corporate financial performance in the short term, real manipulation moderates negatively corporate environmental disclosure towards corporate financial performance in the short term, corporate environmental disclosure has no effect towards corporate financial performance in the long run, and real manipulation can not moderate corporate environmental disclosure towards corporate financial performance in the long run. Keywords : Real Manipulation, Corporate Environmental Disclosure, Corporate Financial Performance

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ANALISIS TRANSPORTASI UDARA, KUNJUNGAN WISATAWAN, NILAI TUKAR DAN KESEMPATAN KERJA DI INDONESIA: PENDEKATAN VECM

Jurnal Kajian Ekonomi dan Pembangunan ◽

10.24036/jkep.v2i1.8865 ◽

2020 ◽

Vol 2 (1) ◽

pp. 117

Author(s):

Miya Pertiwi ◽

Alpon Satrianto

Keyword(s):

Exchange Rates ◽

Forecast Error ◽

Air Transportation ◽

Fourth Quarter ◽

Short Term ◽

Causality Test ◽

Employment Opportunities ◽

Long Run ◽

Short And Long Term

This study aims to identify and analyze responses between air transportation, tourist visits, exchange rates and employment opportunities in Indonesia. This type of research is descriptive and associative, where the data used are secondary data in the form of time series from 2000 fourth quarter to 2018 fourth quarter. This study uses the Vector Error Correction Model (VECM) method through the analysis of block causality test, Impulse Response Function (IRF) and Forecast Error Variance Decomposition (FEVD) to seeing the variability response of an endogenous variable due to the presence of other endogenous variables. The results of this study indicate that: (1) Variability of air transportation is not contributed by the shock of tourist visits, exchange rates and employment opportunities in the short term, but in the long run, variability of air transportation is contributed by shock of tourist visits, exchange rates and employment opportunities. (2) Variability of tourist visits is only influenced by short-term air transportation shock. Whereas air transportation, exchange rates and employment opportunities in the long run contribute to influencing the variability of tourist visits in Indonesia. (3) Exchange rate variability is contributed by air transportation shock, tourist visits and work opportunities in the short and long term. (4) Variability of employment opportunities is contributed by air transportation shock, tourist visits and exchange rates in the short and long term in Indonesia.

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Technical efficiency decomposed – The case of Ugandan referral hospitals

The Central European Review of Economics and Management ◽

10.29015/cerem.513 ◽

2017 ◽

Vol 1 (4) ◽

pp. 117

Author(s):

Zungu Mathias Mulumba ◽

Lindah Nalubanga ◽

Christine Nankanja ◽

Kwihangana Manasseh ◽

Jonas Månsson ◽

...

Keyword(s):

Technical Efficiency ◽

Scale Efficiency ◽

Data Envelopment ◽

Analysis Framework ◽

Audit Report ◽

Short Term ◽

African Countries ◽

Technical Inefficiency ◽

Long Run ◽

Referral Hospitals

PurposeIn an audit report provided to the Ugandan Parliament by the Office of the Audit General, Uganda, technical efficiency in Ugandan referral hospitals was measured and analysed. The audit report pointed out that there was a relatively low level of technical inefficiency, at least in comparison with other African countries. The purpose of this study is to look further into the issue of why there is inefficiency. Design/methodology/approachWe use a Data Envelopment Analysis framework and decompose long-run technical efficiency into short-term technical efficiency, scale efficiency and congestion. Originality / value of the article:Even though there are a substantial amount of research on efficiency in African hospitals, no other study have investigated existence of congestion. In that respect our research contributes to the existing research. FindingsOur results reveal that the source of the long-run inefficiency varies over the years. For 2012, more than 50% of the observed inefficiency relates to scale factors. However, in 2013 and 2014 the major contributor to the long-run inefficiency was input congestion. Implication of the reserachWe recommend that inefficient hospitals should use efficient hospitals as benchmarks for improving their own efficiency. Further, since a large part of the technical inefficiency relates to congestion we recommend further investigation to identify factors in the production, or organisation that could be related to congestion.

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Short- And Long-Term Wealth Gains From UK Takeovers: The Case Of The Financial Industry

Journal of Applied Business Research (JABR) ◽

10.19030/jabr.v30i4.8673 ◽

2014 ◽

Vol 30 (4) ◽

pp. 1253 ◽

Cited By ~ 2

Author(s):

Sabri Boubaker ◽

Taher Hamza

Keyword(s):

Abnormal Returns ◽

Wealth Effects ◽

Financial Industry ◽

Short Term ◽

Long Run ◽

Acquiring Firms ◽

Short And Long Term ◽

Long Term Performance ◽

Term Performance

The present study analyzes the short- and long-term performance of UK financial acquiring firms by examining a sample of 40 takeovers over the period 19962007. In particular, it investigates i) the short- and long-term stock return performance of these acquiring firms and ii) the relation between their short-term abnormal return around the announcement date of takeovers and their long-term performance. The event study methodology shows that bidders experience significant short-term wealth destruction. In contrast, both the buy-and-hold abnormal returns and bidders portfolio return approaches indicate positive and significant wealth effects over the long run. Business cycle analysis shows that acquirers obtain significantly higher returns during downward financial market cycles. Furthermore, the results show that the market reaction to the bid announcement better predicts bidders long-term performance in the case of positive short-term abnormal returns.

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