scholarly journals Assessing the Factors Affecting the Demand for Consumer Goods in Afghanistan (1377-1389)

2018 ◽  
pp. 9-29
Keyword(s):  
Foreign Trade ◽  
Consumer Price Index ◽  
Considerable Effect ◽  
Factors Affecting ◽  
Effective Factors ◽  
Elasticity Of Demand ◽  
Distributed Lag ◽  
Complete Study ◽  
Auto Regressive ◽  
Domestic Products

Most of the counties of world’s experiences show that existence in universal markets and taking other benefits of foreign trade, in few recent decades, opening of economical developmental way for many countries are in growth. In this reason of affiliation of country to the extreme import in past few decades and also having no fair strategy for realizing the effective factors of import, properly these days, on importing of consumed clothes of the country, the country is changed to a consumed. Therefore, realizing and analyzing of the effective factors on the import of Afghanistan’s consumed clothes is paid in this research that with the attention of the Cointegration, from the econometric analysis self-method Auto- regressive Distributed Lag (ARDL), is used. In this research, so from complete study related to consumed clothes import basic theory and review the studies of Afghanistan and universe. Afghanistan’s foreign trade structure (from 2008-2016) was analyzed and according to these studies, kind and measurement of the effect of the factor such as consumer price index, Gross domestic products, currency reserves and export earnings from this section from function of import is studied. The results of this research have that variable with lag (previous import period) and earnings of export for related view was not meaningful and had no considerable effect on import of consumed clothes. Importing elasticity of demand for this kind of clothes have less quantity. Foreign variable currency reserves also have meaningful grade and make considerable effects to this function. Finally, gross domestic products also was as a subject of the effective factor to this function. Similarly, the fairer replace for the import consumed clothes is realized. Also, existence of the co-integration of variations is confirmed, long relations and error correction model (ECM) for mentioned function is summed. .

Unveiling the Factors Affecting Profitability of Reinsurance Companies

2017 ◽  
Vol 42 (3) ◽  
pp. 190-204 ◽  
Author(s):  
Amarjit Singh Sidhu ◽  
Neha Verma
Keyword(s):  
Financial Institutions ◽  
Indian Market ◽  
Ardl Model ◽  
Factors Affecting ◽  
Quarterly Data ◽  
Distributed Lag ◽  
General Insurance ◽  
Long Run ◽  
Auto Regressive ◽  
Reinsurance Market

General Insurance Corporation or GIC Re is a quintessential reinsurer of India. The company is among the premier financial institutions of the country. It has been the only domestic reinsurer of India since many years. Recently from December 2016, with the approval of Insurance Regulatory and Development Authority (IRDA), many unassailable international reinsurers have made their foray into the Indian market. Besotted by the recent supple regulations of the Indian reinsurance market, many other international reinsurers are interested to carve a niche in the Indian market. As such it becomes imperative to keep an eye on our own unfettered reinsurer which has to confront the competition posed by these highly adept reinsurers in the changing scenario. In this article, an attempt is made to ascertain the factors affecting the profitability of GIC Re. Profitability has been chosen as it is often considered as the salient parameter of a company’s success. For this purpose, Auto Regressive Distributed Lag (ARDL) model has been used on the quarterly data of GIC Re from 2005 to 2016. It is found that investment income, underwriting profitability and premium growth significantly affect the profitability of GIC Re both in the short and long run.

Tax debt as a threat to the economic security of the Russian Far East

2020 ◽  
Vol 13 (2) ◽  
pp. 216-242
Author(s):  
V.A. Yakimova ◽  
A.A. Orekhova
Keyword(s):  
Russian Far East ◽  
Consumer Price Index ◽  
Far East ◽  
Federal District ◽  
Economic Security ◽  
Factors Affecting ◽  
Correlation And Regression Analysis ◽  
Debt Collection ◽  
Far Eastern ◽  
The Russian Far East

Subject. The article addresses the tax liabilities of taxpayers registered in the subjects of the Far Eastern Federal District, which should be paid to the consolidated budget of the Russian Federation, as well as the factors of the said debt growth. Objectives. Our aim is to assess the level of tax debt of regions of the Russian Far East and identify the correlation between the factors and the amount of tax debt. Methods. The study rests on methods of analysis, generalization, grouping, systematization, and the correlation and regression analysis. Results. We analyzed the level of tax debt for the entire Far Eastern Federal District and by region, identified factors affecting the growth of tax debt therein. The paper assesses the structure of tax debt by type of taxes and activity of debtors. The unveiled factors may help control changes in the size of tax debt in the Russian Far East and develop effective measures to improve the debt collection. Conclusions. The study shows that there is an increase in the tax debt in the regions of the Russian Far East, in the VAT in particular. The factor analysis revealed that the volume of sales of wholesale enterprises, investment in fixed capital, the consumer price index have the largest impact on the amount of tax debt.

Using distributed lag models to predict regional budget revenues

2020 ◽  
Vol 19 (6) ◽  
pp. 1154-1172
Author(s):  
Yu.V. Granitsa
Keyword(s):  
Unemployment Rate ◽  
Consumer Price Index ◽  
Mathematical Methods ◽  
Distributed Lag ◽  
Key Indicator ◽  
Distributed Lag Models ◽  
Regional Budget ◽  
The Impact ◽  
Financial Result

Subject. The article addresses projections of regional budget revenues, using distributed lag models. Objectives. The purpose is to review economic and statistical tools that are suitable for the analysis of relationship between the revenues of the regional budget system and regional macroeconomic predictors. Methods. The study draws on statistical, constructive, economic and mathematical methods of analysis. Results. In models with quantitative variables obtained under the Almon method, the significant predictors in the forecasting of regional budget revenues are determined mainly by the balanced financial result, the consumer price index, which characterizes inflation processes in the region, and the unemployment rate being the key indicator of the labor market. Models with quantitative variables obtained through the Koyck transformation are characterized by a wider range of predictors, the composition of which is determined by the peculiarities of economic situation in regions. The two-year forecast provides the average lag obtained during the evaluation of the models. The exception is the impact of unemployment rate, which is characterized as long-term. Conclusions. To generate forecasts of budget parameters, the results of both the Koyck method and the Almon method should be considered, though the former is more promising.

WHAT DRIVES HOUSE PRICE IN MALAYSIA? IN SEARCH OF AN ALTERNATIVE PRICING BENCHMARK FOR ISLAMIC HOME FINANCING

2017 ◽  
Vol 15 (4) ◽  
Author(s):  
Salina Hj Kassim ◽  
Nur Harena Redzuan ◽  
Nor Zalina Harun
Keyword(s):  
Interest Rate ◽  
Price Index ◽  
House Price ◽  
Holistic Approach ◽  
Housing Demand ◽  
House Price Index ◽  
Distributed Lag ◽  
Market Interest Rate ◽  
Auto Regressive ◽  
Conventional Banks

The current practise of the Islamic banks to rely on market interest rate as pricing benchmark for their home financing products has been a subject of intense debate among many parties. Muslim scholars have warned that it is highly discouraged as it could lead to a possible convergence between the practices of the Islamic and conventional banks. This paper intends to address the financing issues in the discussion of human settlement or housing policy by presenting the determinants for house price index as well as looking into the possibility of adopting the House Price Index (HPI) to replace the market interest rate as a pricing benchmark for the Islamic home financing. The study applies Auto-Regressive Distributed Lag (ARDL) method on a model comprising HPI as the dependent variable and a set of independent variables consisting of economic, housing demand and housing supply factors. The findings lead to the formulation of recommendations as a way forward for the Islamic banking industry in particular, and the economy in general. This will require a paradigm shift from basic financing products to a more holistic approach which integrates supply of housing factors, as well as urban planning and urban finance, with human rights and recognizes the need to place and shelter people.

scholarly journals Determinants of Insurance Penetration in West African Countries: A Panel Auto Regressive Distributed Lag Approach

2021 ◽  
Vol 14 (8) ◽  
pp. 350
Author(s):  
Odunayo Olarewaju ◽  
Thabiso Msomi
Keyword(s):  
Banking Sector ◽  
West African ◽  
Education Sector ◽  
African Countries ◽  
Distributed Lag ◽  
Long Run ◽  
Short Run ◽  
Auto Regressive ◽  
Insurance Penetration ◽  
The Government

This study analyses the long- and short-term dynamics of the determinants of insurance penetration for the period 1999Q1 to 2019Q4 in 15 West African countries. The panel auto regressive distributed lag model was used on the quarterly data gathered. A cointegrating and short-run momentous connection was discovered between insurance penetration along with the independent variables, which were education, productivity, dependency, inflation and income. The error correction term’s significance and negative sign demonstrate that all variables are heading towards long-run equilibrium at a moderate speed of 56.4%. This further affirms that education, productivity, dependency, inflation and income determine insurance penetration in West Africa in the long run. In addition, the short-run causality revealed that all the pairs of regressors could jointly cause insurance penetration. The findings of this study recommend that the economy-wide policies by the government and the regulators of insurance markets in these economies should be informed by these significant factors. The restructuring of the education sector to ensure finance-related modules cut across every faculty in the higher education sector is also recommended. Furthermore, Bancassurance is also recommended to boost the easy penetration of the insurance sector using the relationship with the banking sector as a pathway.

scholarly journals Assessing the effective factors affecting the conformational preferences and the early and late transition states of the unimolecular retro-ene decomposition reactions of ethyl cyanate, ethyl thiocyanate and ethyl selenocyanate

RSC Advances ◽  
2017 ◽  
Vol 7 (37) ◽  
pp. 22757-22770 ◽  
Author(s):  
Hooshang Atabaki ◽  
Davood Nori-Shargh ◽  
Mohamad Momen-Heravi
Keyword(s):  
Transition States ◽  
Factors Affecting ◽  
Effective Factors ◽  
Decomposition Reactions ◽  
Barrier Heights ◽  
Conformational Preferences ◽  
Late Transition

The variations of Δ[(HCGAE(X3–C4weakening) – HCGAE(X3–C4strengthening)] parameters correlate well with the variations of the retro-ene decomposition reactions barrier heights going from compound1to compound3.

ANALYSIS OF THE RELATIONSHIP BETWEEN ECONOMIC GROWTH, INFLATION AND UNEMPLOYMENT IN TURKEY WITH THE ARDL BOUNDS TESTING APPROACH

2021 ◽  
Vol 6 (15) ◽  
pp. 299-312
Author(s):  
Özlem KARADAĞ AK
Keyword(s):  
Economic Growth ◽  
Industrial Production ◽  
Consumer Price Index ◽  
Bounds Testing ◽  
Short Term ◽  
Production Index ◽  
Distributed Lag ◽  
Distributed Lag Model ◽  
Industrial Production Index ◽  
Cointegration Relationship

The aim of this study is to examine the effects of economic growth and inflation on unemployment for the period 2005:1- 2020:9 in Turkey by using ARDL (Auto Regressive Distributed Lag) model. In the study, firstly unit root tests were carried out to determine whether economic growth (ind) and inflation (cpi) have long and short-term effects on unemployment (unemp). Then, the ARDL method was used to determine whether there is a long-term relationship between the series in the model where the unemployment rate is the dependent variable, the Industrial Production Index representing economic growth and the Consumer Price Index (CPI) representing inflation. Instead of GDP, the Industrial Production Index was preferred both to harmonize with the monthly data and to make a production-based analysis. As a result of the analysis, it was determined that there was a statistically significant cointegration relationship between the variables, and the short-term relationship was analyzed with the error correction model (ECM). As a result of the analysis, it has been determined that there is a cointegration relationship between unemployment, inflation rate and economic growth in Turkey. According to the results of the analysis, negative between unemployment and industrial production index; It is seen that there is a positive relationship between unemployment and inflation.

scholarly journals Factors Affecting the Performance of Kuwait Stock Market

2016 ◽  
Vol 9 (5) ◽  
pp. 23
Author(s):  
Ebrahim Merza ◽  
Sayed-Abbas Almusawi
Keyword(s):  
Interest Rate ◽  
Real Estate ◽  
Stock Market ◽  
Banking Sector ◽  
Stock Exchange ◽  
Consumer Price Index ◽  
Gold Price ◽  
Oil Price ◽  
Factors Affecting ◽  
Insurance Sector

<p>This paper aims at finding the effective factors that influence three sectors in Kuwait stock exchange market (KSE) in addition to the whole stock market. The three sectors are banking, real estate and insurance sectors. The paper measures KSE performance through the average share prices calculated on a quarterly basis starting from 2005 until first quarter of 2015. It is found that each sector behaves differently towards macroeconomic variables. The most important determinants for the KSE overall market performance were found to be gold price and the deposits rate. Individually, the banking sector is influenced by consumer price index, interest rate on loans, oil price and gold price. The insurance sector is influenced by money supply, residential real estate price and oil price. The real estate sector is influenced by the exchange rate with respect to US dollars, interest rate on loans, oil price and gold price.</p>

scholarly journals Fiscal federalism and accountability in Nigeria: an ARDL approach

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Olabanji Olukayode Ewetan ◽  
Romanus Osabohien ◽  
Oluwatoyin Augustina Matthew ◽  
Abiola Ayopo Babajide ◽  
Ese Urhie
Keyword(s):  
Public Sector ◽  
Fiscal Federalism ◽  
Local Economic Development ◽  
Fiscal Decentralization ◽  
Secondary Data ◽  
Law And Order ◽  
Content Type ◽  
Distributed Lag ◽  
Long Run ◽  
Auto Regressive

Purpose The purpose of this paper is to examine the relationship between fiscal federalism and accountability in Nigeria. Corruption is a global plague and is endemic in nature. Several policies have been adopted by the Nigerian Government to institutionalize accountability and combat the scourge of corruption that have hindered socio-economic progress but to no avail. Design/methodology/approach Thus, this study examined fiscal federalism and accountability issues in Nigeria using secondary data and used the auto-regressive distributed lag econometric technique to analyse the data. Findings The results from this study reveal that fiscal federalism fails to mitigate corruption in the long run in Nigeria because of poor bureaucratic quality (BQ) and ineffective law and order (LOR). Social implications Fiscal decentralization must be accompanied by legislations that will strengthen BQ of fiscal institutions at subnational levels and promote effective LOR. Originality/value This study recommends that for fiscal federalism to mitigate corruption in the long run, government must adopt appropriate policies to improve BQ and further strengthen LOR in Nigeria. The finding also suggests that to promote public sector accountability in Nigeria, government should ensure the simultaneous decentralization of expenditure and revenue to lower tiers of government. This study provides detailed empirical evidence that fiscal decentralization without accountability will accentuate public sector corruption, and in the long run, weaken local economic development initiative to boost growth and development.

Sign in / Sign up

Export Citation Format

Share Document