Analisis hubungan antara literasi keuangan, perilaku keuangan, dan kepuasan keuangan

Abstract The purpose of this research is to investigate causal relationship between financial literacy and financial behavior, financial behavior and financial satisfaction, and between financial literacy and financial satisfaction. The analysis technique used was Granger Causality analysis. The research data was obtained using questionnaire distributed to 100 respondents. The repondents are Indonesian citizens in productive age (15-64 years). The results show a one-way causality between financial literacy and financial behavior, between financial behavior and financial satisfaction, but there is no causality relationship (independence) between financial literacy and financial satisfaction. Abstrak Penelitian ini bertujuan untuk mengetahui hubungan sebab akibat dari literasi finansial dan perilaku finansial, perilaku finansial dan kepuasan finansial, serta antara literasi finansial dan kepuasan finansial. Teknik analisis yang digunakan adalah analisa Granger Causality. Data dikumpulkan dengan menggunakn kuesioner yang dibagikan kepada 100 responden. Para responden adalah warga Indonesia berusia produktif (15-64) tahun. Hasil yang didapatkan menunjukkan adanya hubungan sebab akibat antara literasi finansial dengan perilaku financial, serta antara perilaku finansial dankepuasan finansial. Sementara hubungan antar literasi finansial dan kepuasan finansial tidak ditemukan.

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HUBUNGAN KAUSALITAS HARGA JUAL DAN HARGA SEWA APARTEMEN DI JABODETABEK

Jurnal Orientasi Bisnis dan Entrepreneurship (JOBS) ◽

10.33476/jobs.v1i1.1312 ◽

2021 ◽

Vol 1 (1) ◽

pp. 93-105

Author(s):

Zainal Zawir Simon ◽

Effendy Zain ◽

Zulihar Zulihar

Keyword(s):

Time Series ◽

Granger Causality ◽

Time Series Data ◽

Investment Analysis ◽

Series Data ◽

Analysis Tool ◽

Selling Price ◽

Causality Analysis ◽

Granger Causality Analysis ◽

Causality Relationship

Abstrak Penelitian ini bertujuan untuk mengetahui hubungan kausalitas antara harga jual apartemen dan harga sewa apartemen di wilayah Jabodetabek. Data yang dipergunakan adalah data time series dalam bentuk kuartalan untuk periode 2007:1-2018:3 dan alat analisis yang dipergunakan adalah analisa kausalitas Granger. Hasil penelitian menunjukkan bahwa tidak terdapat hubungan kausalitas antara harga jual apartemen dan harga sewa apartemen di wilayah Jabodetabek. Dengan kata lain perubahan harga jual tidak mempengaruhi harga sewa. Sebaliknya harga sewa juga tidak mempengaruhi harga jual apartemen. Dengan demikian Investor diharapkan dalam melakukan analisis investasinya memasukkan faktor-faktor lain yang dapat mempengaruhi harga jual dan harga sewa untuk apartemen, agar terlepas dari pandangan bahwa harga jual mempengaruhi harga sewa dan sebaliknya.Kata Kunci : Harga Jual apartemen, Harga Sewa Apartemen, Data Runtut Waktu, Analisa Kausalitas GrangerABSTRACTThis study aims to determine the causality relationship between the selling price of apartments and apartment rental prices in the Greater Jakarta area. The data used are time series data in quarterly form for the period 2007: 1-2018: 3 and the analysis tool used is the Granger causality analysis. The results showed that there was no causality relationship between apartment selling prices and apartment rental prices in the Greater Jakarta area. In other words, changes in selling prices do not affect rental prices. Conversely the rental price also does not affect the selling price of the apartment. Thus Investors are expected to carry out investment analysis to include other factors that can affect the selling price and rental price for an apartment, so that regardless of the view that the selling price affects the rental price and vice versa.Keywords : Selling Price of apartments, rental prices apartments, time series data, Granger Causality Analysis

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The granger causality relationship between human development and economic growth

International Journal of Research in Business and Social Science (2147-4478) ◽

10.20525/ijrbs.v9i6.902 ◽

2020 ◽

Vol 9 (6) ◽

pp. 143-153

Author(s):

Serdar Ozturk ◽

Seher Suluk

Keyword(s):

Economic Growth ◽

Human Development ◽

Granger Causality ◽

Human Development Index ◽

Causality Analysis ◽

Developed Country ◽

Development Index ◽

Granger Causality Analysis ◽

Empirical Level ◽

Causality Relationship

The Human Development Index (HDI), which measures a country’s human development level, considering the health, education and income indicators of countries has been published in the Human Development Report each year since 1990 by the United Nations Development Programme. Norway, which is a highly developed country, was at the top of the Human Development Index. Therefore, the aim of this study is to evaluate Norway’s human development performance. In this context, the relationship between human development and economic growth has been examined at empirical level for Norway for the period between 1990-2017. In the study, firstly, ADF and PP unit root tests were performed. Then, Granger causality analysis was applied. According to the results of Granger causality analysis there is a one-way causality relationship from human development to economic growth.

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The causal relationship between Foreign Direct Investment (FDI) and the macro-economy of selected west African countries: Panel ARDL/Granger Causality Analysis

African Research Review ◽

10.4314/afrrev.v12i1.15 ◽

2018 ◽

Vol 12 (1) ◽

pp. 140 ◽

Cited By ~ 3

Author(s):

F.C. Onuoha ◽

I.C. Okonkwo ◽

P Okoro ◽

Kingsley Okere

Keyword(s):

Foreign Direct Investment ◽

Causal Relationship ◽

Granger Causality ◽

Direct Investment ◽

West African ◽

Causality Analysis ◽

African Countries ◽

Granger Causality Analysis ◽

Panel Ardl

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Causality of external population migration intensity and regional socio-economic development of Ukraine

Problems and Perspectives in Management ◽

10.21511/ppm.18(3).2020.35 ◽

2020 ◽

Vol 18 (3) ◽

pp. 426-437

Author(s):

Olha Mulska ◽

Olha Levytska ◽

Volodymyr Panchenko ◽

Maryana Kohut ◽

Taras Vasyltsiv

Keyword(s):

Economic Development ◽

Causal Relationship ◽

Granger Causality ◽

Retail Trade ◽

Correction Coefficient ◽

Causality Analysis ◽

Granger Causality Analysis ◽

Carpathian Region ◽

Socio Economic Development ◽

External Migration

The Carpathian Region (Zakarpattia, Lviv, Chernivtsi, and Ivano-Frankivsk) is inferior to other regions in Ukraine regarding its economic development, which does not contribute to migration stability and, rather, serves as a factor motivating the active part of the population to emigrate. The problem of the labor market disproportions in the Carpathian Region is one of the significant causes of the formation and subsequent implementation of migration intentions, especially in rural areas, less economically developed areas, and district centers, where labor demand is much lower. The research aims to develop an innovative approach to calculating the intensity of the population’s external migration based on the introduction of a correction coefficient, which enables to consider the scale of transit migration in the Carpathian Region. The data presented in the study were collected for the period 2005–2018. Granger causality analysis is used to assess the relationship between migration and socio-economic development of the region. The analysis reveals that in all regions of the Carpathian Region, there is a short-run causal relationship between the intensity of external migration and the share of total household expenditure on food; in the medium run, the real household income, the size of the average monthly wages, and the volume of foreign portfolio investment, the foreign economic activity and retail trade turnover in the region; in the long run, living standards and indicators of economic growth. Future studies may require a more diverse set of indicators to evaluate the causal relationship in other regions of Ukraine, which will provide the integrity of the results of Granger causality analysis. AcknowledgmentThe research has been conducted within the framework of applied research ‘Migration Activity of the Population of the Carpathian Region’ (Dolishniy Institute of Regional Research of National Academy of Sciences of Ukraine, Reg. No. 0119U002010, 2019–2021).

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Foreign Direct Investment and Economic Growth In Indonesia: A Causality Analysis

Jurnal Ekonomi Kuantitatif Terapan ◽

10.24843/jekt.2019.v12.i01.p05 ◽

2019 ◽

Vol 12 (1) ◽

Author(s):

Al Muizzuddin Fazaalloh

Keyword(s):

Economic Growth ◽

Foreign Direct Investment ◽

Causal Relationship ◽

Granger Causality ◽

Direct Investment ◽

Causality Analysis ◽

Fdi Inflows ◽

Long Run ◽

Study Analyse ◽

Causality Relationship

This study analyse the causality relationship between foreign direct investment (FDI) and economic growth in Indonesia over the period 1970-2015. The method used in this research is Granger causality approach. Results from the estimation show that there is no causal relationship between FDI and economic growth in short and long run. However, the results in this paper indicate that there is a unidirectional causal relationship running from economic growth to FDI in short and long run. It means that economic growth influences FDI inflows in Indonesia.

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Environmental responsibility and financial performance nexus in South Africa: panel Granger causality analysis

Environmental Economics ◽

10.21511/ee.08(3).2017.03 ◽

2017 ◽

Vol 8 (3) ◽

pp. 29-34 ◽

Cited By ~ 1

Author(s):

Thomas Adomah Worae ◽

Collins C. Ngwakwe

Keyword(s):

Financial Performance ◽

Causal Relationship ◽

Granger Causality ◽

Market Value ◽

Equity Returns ◽

Environmental Responsibility ◽

Causality Analysis ◽

Cross Sectional ◽

Granger Causality Analysis ◽

Emissions Intensity

The authors examined environmental responsibility and financial performance nexus of Johannesburg Stock Exchange’s socially responsible investing manufacturing and mining firms during the period of 2008-2014. The study employs annual panel dataset of fourteen manufacturing and mining companies on the index, and Granger causality analysis using Gcause2 Baum’s version. The paper found unidirectional causal relationship between environmental responsibility, measured by emissions intensity and equity returns, and bidirectional causal relationship between emissions intensity and market value of equity deflated by sales at 1% significant levels. Impliedly, improvements in ‘energy efficient technologies’ to reduce fossil energy consumption (prevention activities) seem to exhibit value destroying tendencies, while improvements in ‘end-of-pipe’ activities seem to estimate a drive market value of equity deflated by sales and equity returns. The Pesaran CD and Breusch-Pagan LM tests confirmed existence of cross-sectional dependence amongst panel members. The authors tend to support institutional and stakeholder theories.

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Fraud and Bank Performance in Nigeria – Var Granger Causality Analysis

e-Finanse ◽

10.2478/fiqf-2020-0003 ◽

2020 ◽

Vol 16 (1) ◽

pp. 20-26

Author(s):

Taiwo A. Muritala ◽

Muftau A. Ijaiya ◽

Olatanwa H. Afolabi ◽

Abdulrasheed B. Yinus

Keyword(s):

Control Systems ◽

Granger Causality ◽

Internal Control ◽

Banking Sector ◽

Bank Performance ◽

Causality Analysis ◽

Vector Autoregressive ◽

Granger Causality Analysis ◽

Long Run ◽

Multivariate Cointegration

AbstractThis paper examines the causality between fraud and bank performance in Nigeria over the period 2000-2016 for quarterly financial data using Johansen’s Multivariate Cointegration Model and Vector Autoregressive (VAR) Granger Causality analysis. The results show a long-run relationship between the variables. Bank performance was found to be linked to Granger fraud variables and vice versa at 10% significant level. This study reveals that there was a direct causal relationship between bank performance and fraud because increase in fraudulent activities in the banking sector leads to reduction in bank performance. Hence, this study recommends that internal control systems of banks should be strengthened so as to detect and prevent fraud. In this way, bank assets would be protected.

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