scholarly journals Empirical Analysis on Household Savings in Malaysia

2020 ◽  
Vol 5 (1) ◽  
pp. 13
Author(s):  
Nur Liyana Mohamed Yousop ◽  
Wan Mohd Farid Wan Zakaria ◽  
Zuraidah Ahmad ◽  
Ahmad A'thif Abdul Manan
Keyword(s):  
Interest Rate ◽  
Low Income ◽  
Inflation Rate ◽  
Least Square ◽  
Series Data ◽  
Dependency Ratio ◽  
Household Savings ◽  
Age Dependency ◽  
Consumption Expenditure ◽  
Age Dependency Ratio

The Malaysian household saving growth has shown weakened patterns from year to year. Low-income level, overspending and black swan economic events result in nosedived household savings. To explain this issue, this study empirically examined factors affecting household savings in Malaysia. The analysis was based on time-series data gathered from World Bank Data, CEIC Data and Department of Statistic of Malaysia from 1970 until 2018. The ordinary least square (OLS) regression analysis was used to examine the significant relationship among dependent variable (household savings, proxy gross domestic savings) and independent variables which consist of interest rate, inflation rate, age dependency ratio, consumption expenditure and income. The findings from this study reveal that the interest rate and household consumption expenditure have significant negative relationships with the household savings, while age dependency ratio, inflation rate and income have insignificant relationships with the household savings.

scholarly journals Institutional, Economic, and Socio-Economic Determinants of the Entrepreneurial Activity of Nations

2021 ◽  
Vol 11 (1) ◽  
pp. 26
Author(s):  
João Leitão ◽  
João Capucho
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Entrepreneurial Activity ◽  
Dependency Ratio ◽  
Age Dependency ◽  
Consumption Expenditure ◽  
Economic Determinants ◽  
Institutional Economic ◽  
Life Expectancy At Birth ◽  
Age Dependency Ratio

This empirical study analyses the effects of institutional, economic, and socio-economic determinants on total entrepreneurial activity in the contexts of developed and developing countries. It fills a gap in the literature, regarding the lack of empirical studies about the relationships among entrepreneurial activity, corruption, commercial freedom, economic growth, innovativeness, inward foreign direct investment, unemployment, households, and non-profit institutions serving households (NPISHs)’ final consumption expenditure, age dependency ratio, education index, and life expectancy at birth. The empirical application uses annual panel data for the 2003–2018 period, with a total sample of 21 countries, analysed in a two-stage empirical application, including preliminary analysis and a quantile regression model. New empirical evidence is provided, revealing a significantly positive role played by commercial freedom, innovativeness, inward foreign direct investment, households, and NPISHs’ final consumption expenditure and education on entrepreneurial activity. Corruption, unemployment, age dependency ratio, and life expectancy at birth have a significantly negative influence on entrepreneurial activity. In terms of implications, greater government control is recommended, in order to foster the quality of nations’ institutional environment. Additionally, suggested is the launch of new incentives to stimulate research and development activities aimed at registering international patents with a global impact, sourced from new ventures and transnational collaboration.

scholarly journals The Impact of Macroeconomic Variables on Sectoral Indices in Indonesia

ETIKONOMI ◽  
2017 ◽  
Vol 16 (1) ◽  
pp. 71-80 ◽  
Author(s):  
Bambang Sutrisno
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Inflation Rate ◽  
Emerging Market ◽  
Estimation Method ◽  
Least Square ◽  
Series Data ◽  
Macroeconomic Variables ◽  
The Interest Rate ◽  
The Impact

This study aims to examine the effect of macroeconomic variables on sectoral indices in the Indonesian Stock Exchange. The difference in sensitiveness among sectors is an interesting issue to investigate this relationship in an emerging market, such as Indonesia. This study employs ordinary least square (OLS) as an estimation method with monthly time-series data from January 2005 to December 2014. The results document that the interest rate, inflation rate, and exchange rate simultaneously have a significant effect on sectoral indices in Indonesia. The interest rate partially shows a significant negative influence on all sectors except basic industry and chemical, finance, infrastructure, utilities, and transportation, and miscellaneous industry sectors. The inflation rate partially has no significant effect on all sectors. The exchange rate partially has a significant negative impact on all industries.DOI: 10.15408/etk.v16i1.4323

scholarly journals Determinant of life insurance demand in Ethiopia

2019 ◽  
Vol 21 (3) ◽  
pp. 293
Author(s):  
Mohammed Meko ◽  
Kenenisa Lemie ◽  
Abel Worku
Keyword(s):  
Interest Rate ◽  
Life Insurance ◽  
Real Interest Rate ◽  
Insurance Companies ◽  
Regression Result ◽  
Dependency Ratio ◽  
Age Dependency ◽  
Insurance Demand ◽  
Life Insurance Demand ◽  
Age Dependency Ratio

Life Insurance plays an important role to insure against lifetime uncertainty resulting for the mortality risk of individual. Even though the performance of insurance industry contributes to smooth operation of the nation’s economy, the industry in general and life insurance in particular is at its low level of development in Ethiopian context. This study therefore, is aimed at investigating the determinants of life insurance demand in Ethiopia. The study used balanced panel data model to examine the determinants of life insurance demand usingdata collected from four insurance companies for sixteen years, from 2001-2016. Random effect model was usedto analyze the data using STATA version 13 software. The study used life insurance density as dependent variable and seven independent variables that are income, inflation, real interest rate, life expectance, age dependence ratio, price of insurance and urbanization. The regression result show that real interest rate, life expectancies, age dependency ratio, urbanization  and inflation show positive and significant effect at 1% and 5% significance level on life insurance demand in Ethiopia, whereas GDP per capita and price of insurance has insignificant effect  on life insurance demand in Ethiopia.Urbanization is the most important factor that influences demand for life insurance followed by life expectance, age dependency ratio and Inflation. Real interest rate is the least important factor in influence demand for life insurance. The concerned insurance companies are recommended to consider these factors in marketing their life insurance products.

ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI KONSUMSI MASYARAKAT DI PROVINSI ACEH

2014 ◽  
Vol 1 (2) ◽  
Author(s):  
Tarmizi Gadeng
Keyword(s):  
Interest Rate ◽  
Inflation Rate ◽  
Econometric Model ◽  
Least Square ◽  
The Other ◽  
Ordinary Least Square ◽  
Other Hand ◽  
The Interest Rate ◽  
The Impact

The main objective of this study is to find out the impact of the inflation rate,percapita income as wall as the interest rate on the household comsumption of the population of Aceh.Secondary data 1983 – 2008 are collected or couning from various ageucig and instution and ordinary least square econometric model used as a method of analysis.            The result of the study tells us that the rate of inflation and the percapita income hare positive and significoutly effect on the household consumtion while the rate of interest on the other hand statistically has a negative and not significant effect on the house hold consumption. The interest rate which reflect the influence of the consumption has a positive, not significantly and in elactic. 

OPPORTUNITY FOR NATURAL SELECTION AMONG THE INDIAN POPULATION: SECULAR TREND, COVARIATES AND IMPLICATIONS

2009 ◽  
Vol 41 (6) ◽  
pp. 705-745 ◽  
Author(s):  
RAJESH K. GAUTAM
Keyword(s):  
Growth Rate ◽  
Natural Selection ◽  
Mortality Rate ◽  
Indian Population ◽  
Secular Trend ◽  
Quantitative Estimation ◽  
Dependency Ratio ◽  
Age Dependency ◽  
Geographical Regions ◽  
Age Dependency Ratio

SummaryCrow's index is widely used for indirect quantitative estimation of natural selection using birth and death rates. The present investigation is based on 179 studies among 144 different endogamous communities belonging to nineteen states and six geographical regions of India, categorized into six social groups. These studies appeared in 33 different years over six decades (1956 to 2007). The secular trend in Crow's index (It) and its mortality and fertility components (Im and If) shows a gradual decline in It and radical shift in the relative contributions of Im and If. Before 1990 the opportunity for natural selection was mainly determined by differential pre-reproductive mortality (Im), whereas after 1990 it has been determined by differential fertility (If). To find out the covariates of It, Im and If sixteen socio-demographic variables were considered, and nine were found to be significantly correlated with It: total dependency ratio, decadal growth rate 1991–2001, young age dependency ratio, crude death rate, total fertility rate, child mortality rate, under-5 mortality rate, old age dependency ratio and decadal growth rate 1981–1991. On the basis of multivariate stepwise regression analysis, female literacy emerged as one of the most important predictors of It. The declining trend of It, Im and If shows that the Indian population is passing through the demographic transition.

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