scholarly journals The Economic Effects of Free Trading Policies Within an Integrated Economy Between Philippines and the Asean-6 Member States

2022 ◽  
Vol 4 (1) ◽  
pp. 150-162
Author(s):  
Moises Louis Pagco ◽  
Aeron John VALERA ◽  
Lance David Buot ◽  
Peter Jeff Camaro
Keyword(s):  
Free Trade ◽  
Negative Correlation ◽  
Quantitative Research ◽  
Negative Relationship ◽  
Significant Degree ◽  
Ordinary Least Squares ◽  
The Philippines ◽  
Economic Effects ◽  
Policy Makers ◽  
Independent Variables

The analysis of the effects that free trade has within the context of the Philippines and its fellow co-members within the Association of Southeast Asian Nations was purposed as a conduit for greater insight on trade relations between the nations of what is being considered as a fast-growing unified economy. In a more specific lens, the paper identifies how the Philippines and its fellow nations within the bloc conduct free trade while also carefully examining the number of goods that are being imported and exported. The study will use a Quantitative research design to find the changes in exports and imports as well as to point out the association between the dependent and independent variables. The study also determines the effect of trade policy. The research is a cross-country study exclusive to ASEAN-6, namely Brunei, Indonesia, Malaysia, Singapore, Thailand and the Philippines, and the period of the study is from the year 1993 – 2015. The researchers used Ordinary Least Squares and showed a high degree of predictability between the dependent and independent variables. The findings confirm that there exists a significant degree of negative correlation between the import and inflation, tariff and FDI. On the other hand, there is a significant positive correlation between the FDI and import of 4 ASEAN countries, namely Brunei, Singapore, Thailand, and Indonesia, besides a negative correlation between FDI and import of Malaysia. While the tariff and inflation of the Philippines and imports come up with a negative relationship, so this brings us to the conclusion that the independent variables are affected by the policy of free trade but for the good of the economies of the countries involved. With the result of the study, it is expected that further examination of this topic will expound more as the zeitgeist affecting the ASEAN bloc continues to tentatively change. The policy-makers should build an inclusive and sustainable trading system by identifying priorities for improvement and clarifying the design of new trade rules. The policy-makers should also come up with indicators, trade facilitation performance of different countries, information on the level of trade in services restrictiveness, and also records on export restrictions.

scholarly journals The Impact of ICT on Service Sector’s Productivity and Employment in the Philippines

2022 ◽  
Vol 3 (2) ◽  
pp. 288-299
Author(s):  
Pauline Alaiza Mercado ◽  
Gia Ann Granadino ◽  
Elisha Mariz Pasco ◽  
Marie Antoinette Rosete
Keyword(s):  
Quantitative Research ◽  
Service Sector ◽  
Participation Rate ◽  
The Philippines ◽  
Labor Force Participation Rate ◽  
Quantitative Research Methods ◽  
Independent Variables ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship

Various studies have been conducted among different countries to determine the relationship of ICT on productivity and employment, but the results vary among industries and firms. This research aims to examine the impact of ICT on the service sector productivity and employment in the Philippines through quantitative research methods. Findings on the relationship between ICT and Productivity show that all the independent variables have a linear relationship on the dependent variable while the findings on the relationship of ICT and Employment, only Labor Force Participation Rate shows a nonlinear relationship to the dependent variable. The researchers ought to impart knowledge about the opportunities and threats brought by ICT, which may guide the policymakers who formulate policies regarding the advancements brought by ICT.

scholarly journals Perspectives of the Transatlantic Free Trade Agreement between the EU and the US after BREXIT

2020 ◽  
Vol 7 (4) ◽  
pp. 45-71
Author(s):  
J. Raudsepp
Keyword(s):  
Free Trade ◽  
Economic Effect ◽  
Trade Agreement ◽  
The United States ◽  
Economic Effects ◽  
Free Trade Zone ◽  
The European Union ◽  
Independent Variables ◽  
The Us ◽  
Statistical Relationships

In this article, the author presents the legal nature and economic effects of Free Trade Agreements (FTA or RTS according to WTO terminology) on economies of members and third countries. The second aim was an evaluation of the economic effect of TAFTA (TTIP) on the United States and the European Union in the case of Brexit as well as some potential impact on third countries and alternative FTAs as counterweights to TTIP. To identify the mathematical and statistical relationships, I constructed correlation and regression models between dependent and independent variables. The dependent variables are GDP, independent variables of GDP per capita, unemployment, exports and imports, price index and investment, as well as the country’s participation in the free trade zone. To evaluate the independent variable (specifically the participation in the free trade zone), a “dummy variable” I used with values “0” during ten years prior the entrance intro free trade zone and “1” during ten years after the entrance of a particular country into the free trade zone. The general conclusions following from my study is that RTS allows many countries to negotiate and achieve much more preferential trade conditions than is possible at the multilateral level.

scholarly journals Islamic Capital Markets and Economic Growth

2019 ◽  
Vol 6 ◽  
pp. 39-58
Author(s):  
Dr. Mohammad Ayaz ◽  
Dr.Hassan Shakeel Shah ◽  
Dr. Talat Hussain ◽  
Majid Iqbal
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Capital Markets ◽  
Quantitative Research ◽  
Time Series Data ◽  
Series Data ◽  
Policy Makers ◽  
Independent Variables ◽  
Long Run ◽  
Short Run

This research was conducted to find out whether Islamic capital markets (ICMs) have any effect on economic growth (EG). The study also made a comparison between three countries including Pakistan, Malaysia and UAE in this regard. Quantitative research technique was used in this study, where secondary and time series data was collected on a quarterly basis for the period 2009-2017. The effect of independent variables (IVs) on the dependent variable (DV) was examined. Co-integration and ARDL test were applied in Eviews 9 and Microfit 5.0. A growth model was developed for the selected countries separately in order to see whether IVs had any effect on DV. GDP was the DV of study while IMCAP, TNI and TNL were its IVs. It was found that in case of Pakistan and Malaysia, all the IVs had a significant effect on EG in the short run, while in the long run only IMCAP and TNI have a significant impact. In case of UAE, only two IVs (IMCAP and TNL) had a significant effect on EG in the short run, while in long run only one IV (IMCAP) has a significant impact. Further, it was found that IVs jointly had a significant effect on EG of the selected countries. So, this study concluded that ICMs do have a significant effect on EG of Pakistan, Malaysia and UAE. Considering the importance of ICMs in EG, regulators and policy makers are likely to benefit from the results of the current study which acts as a guide for developing and reforming the ICMs of Pakistan, Malaysia and UAE.Keywords: , , 

scholarly journals An Econometric Analysis of the Determinants of Fertility: International Evidence

2018 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
Wun Kim Yen ◽  
Ratneswary Rasiah ◽  
Jason James Turner
Keyword(s):  
Developing Countries ◽  
Negative Relationship ◽  
Developed Countries ◽  
Ordinary Least Squares ◽  
Policy Implications ◽  
Least Developed Countries ◽  
Cross Sectional ◽  
Independent Variables ◽  
International Evidence ◽  
Macroeconomic Determinants

This study aims to analyse the socio and macroeconomic determinants of fertility in 108 countries across the globe. Focusing on the variables of inflation, income, education level and urbanization, this study employs the cross-sectional econometrics technique of Ordinary Least Squares to analyse the causal relationship between these variables and fertility. The empirical results reveal a significant and negative relationship between income and fertility in the overall model of the 108 countries, as well as in the models involving developing countries, and countries in the African, American and Asian regions. Education was found to also have a significant and negative relationship with fertility in the overall model and the developing countries. Urbanisation, on the other hand, was found to have a significant and positive relationship with fertility in the overall model, developing countries and in countries in the African and Asian regions. Inflation was the only predictor found to be not significant in all the models. As far as the least developed countries, developed countries and the countries in the European region were concerned, none of the independent variables were significant predictors of fertility. The study concludes with an examination of policy implications of the findings

The relationship between output growth and unemployment in the Philippines economy (1990-2014):

2017 ◽  
Vol 5 (1) ◽  
pp. 49
Author(s):  
Marlon A. Mojica ◽  
Virgilio M. Tatlonghari
Keyword(s):  
Labor Force ◽  
Structural Break ◽  
Empirical Relationship ◽  
Trade Openness ◽  
Negative Relationship ◽  
Participation Rate ◽  
The Philippines ◽  
Output Growth ◽  
Recursive Least Squares ◽  
Parameter Instability

This paper examines the empirical relationship between unemployment and real output in the Philippines utilizing quarterly data from the Labor Force Survey by the Philippine Statistics Authority for the period from 1990-2014. The study employed three variants of Okun’s Law – the “gap” approach, the “first difference” approach, and a dynamic approach.   Findings show that the Okun’s coefficients based on the gap approach are consistent with the theoretical expectation of a negative relationship.  In the ARDL model, labor force participation rate and trade openness were found to be significantly related to unemployment. The result of dummy variable test revealed the presence of structural break following the re-definition of unemployment in the Philippines in 2005. Recursive least squares and rolling regressions show evidence of parameter instability in several sub-periods.

Globalization, Poverty, Environmental Degradation and Economic Growth Nexus: Empirical Analysis of SAARC Regions

2020 ◽  
Vol 39 (1) ◽  
Author(s):  
Adiqa Kiani ◽  
Ejaz Ullah ◽  
Khair Muhammad
Keyword(s):  
Economic Growth ◽  
Sri Lanka ◽  
Empirical Analysis ◽  
Environmental Degradation ◽  
Negative Relationship ◽  
Policy Makers ◽  
Significant Negative Relationship ◽  
The Impact

The main objective of this study is to investigate the impact of poverty, globalization, and environmental degradation on economic growth in the selected SAARC countries. This study is employed panel Autoregressive Distributive Lag (ARDL) technique for empirical analysis using selected SAARC regions including India, Pakistan, Bangladesh, Nepal and Sri Lanka over the period of 1980 to 2018. Globalization impacts economic growth positively and significantly.  In addition to this the significant negative relationship is found between population and economic growth. The results show that poverty is positively related with environmental degradation. Furthermore, the results indicate that globalization is positively and significantly associated with environmental degradation in the SAARC region. Finally, the results show that urbanization is positive and significantly associated with environmental degradation, which could be the serious concerns for the policy makers to control.

Panel Data Analysis of Determinants of Leverage in the Automobile Industry in India

GIS Business ◽  
2018 ◽  
Vol 13 (2) ◽  
pp. 29-47
Author(s):  
Vibha Tripathi
Keyword(s):  
Panel Data ◽  
Capital Structure ◽  
Automobile Industry ◽  
Panel Data Analysis ◽  
Negative Relationship ◽  
Order Theory ◽  
Ordinary Least Squares ◽  
Pecking Order ◽  
Trade Off ◽  
Coverage Ratio

The study tries to investigate the key determinants of capital structure of leading automobile companies and the Automobile Industry in India. The study also tracks the theory implications, i.e. trade off vs. pecking order in these firms and the industry in general. An attempt is to see, if individually each sample company and the whole industry are influenced by the same determinants of capital structure. Pooled ordinary least squares and panel data econometric techniques such as fixed effect models are used to investigate the most significant determinants that affect the capital structure choice of 10 leading companies categorized as BSE Auto Top 100 and the Automobile Industry as a whole for a period of 14 years from 2000–2001 to 2013–2014. The study reveals some interesting facts and results. Multiple regression analysis reveals that while profitability and size are significant determinants in most of the leading companies; NDTS, Growth, and Debt service coverage ratio are not significant for these companies. While the Panel data results of the Automobile Industry as a whole reveals that profitability is the only significant determinant having negative relationship with debt equity ratio; and the other variables are insignificant. Also individual companies coefficient results shows implications of mix of pecking order and trade off theories while the panel data results of the whole Industry strongly supports the Pecking order theory.

Pengaruh Etika Bisnis Islam Terhadap Kesejahteraan Pedagang (Studi Kasus Pedagang Pusat Pasar Medan)

2019 ◽  
Vol 4 (1) ◽  
pp. 185
Author(s):  
Ya’ti Ikhwani Nasution
Keyword(s):  
Free Will ◽  
Quantitative Research ◽  
Statistical Tools ◽  
Independent Variables ◽  
Islamic Business Ethics ◽  
Negative Effect ◽  
Data Collection Technique ◽  
Questionnaire Method ◽  
Market Center ◽  
Positive Effect

The purpose of this study is to find out whether there is an influence of Islamic business ethics with the variables of unity, equilibrium, free will, responsibility, benevolence and the welfare of traders in the Pusat Pasar Medan. This research is a quantitative research and the analysis used is multiple regression analysis. The data collection technique used is the questionnaire method obtained directly from the respondent, namely the Pusat Pasar Medan Trader. Analyzed using statistical tools, namely SPSS Version 22. Based on the results of data processing has shown that there is a significant influence as partially and simultaneously among the unity, equilibrium, free will, responsibility and benovelence towards the welfare of traders in the Medan Market Center. For unity, free will, responsibility and benovelence have a positive effect on the welfare of traders in Medan Market Center. While the equilibrium variable has a negative effect on the welfare of Medan Market Center traders. The adjusted R square value is 0.345. This means that 34.5% increase in welfare can be explained by independent variables, namely the variables of unity, equilibrium, free will, responsibility and kindness. While 65.5% is explained by other factors.

The Effect of Invertebrate Infestation on Green Turtle (Chelonia mydas) Nests on Kazanlı Beach, Mersın, Turkey

2020 ◽  
Vol 27 (5) ◽  
pp. 245-256
Author(s):  
Cemil Aymak ◽  
Aşkın Hasan Uçar ◽  
Yusuf Katılmış ◽  
Eyup Başkale ◽  
Serap Ergene
Keyword(s):  
Green Turtle ◽  
Hatching Success ◽  
Negative Relationship ◽  
Chelonia Mydas ◽  
Sea Turtle ◽  
Faunal Composition ◽  
Independent Variables ◽  
Invertebrate Species ◽  
First Time ◽  
Nesting Season

In this study invertebrate infestation in green turtle (Chelonia mydas) nests were recorded for the first time for Kazanlı beach, Mersin, Turkey. For this aim, in 2006 nesting season, 294 natural intact green turtle nests were sampled to examine their contents and invertebrate infestation was found in 76 (25.85% of the total sampling green turtle nests). These infested nests were examined in terms of the invertebrate faunal composition. The specimens found in the green sea turtle nests were identified to order, family or genus levels and they were represented in 5 orders. These invertebrate groups are Elater sp. larvae (Elateridae; Coleoptera), Pimelia sp. larvae (Tenebrionidae; Coleoptera), Enchytraeidae (Oligochaeta), Cyrptostigmata (Acari), Oniscidae (Isopoda), Formicidae (Hymenoptera). Elater sp. was the most common invertebrate group in the green turtle nests. According to student t test, we found statistically significant differences between 7 independent variables and invertebrate species presence. Furthermore, logistic regression analysis explained that there is a negative relationship between hatching success rate and invertebrate species presence.

Revisiting the Penetration of Islam in the Philippines and its Implication for the Development of Muslim Institutions (Pengkajian semula Tentang Penetrasi Islam di Filipina dan Kesannya terhadap Pembangunan Institusi Islam)

2019 ◽  
Vol 16 (1) ◽  
pp. 70-91
Author(s):  
Alizaman D. Gamon ◽  
Mariam Saidona Tagoranao
Keyword(s):  
Political Stability ◽  
The Philippines ◽  
Third Wave ◽  
National Unity ◽  
Policy Makers ◽  
Peace And Justice ◽  
Muslim Communities ◽  
The Impact ◽  
The Given ◽  
Islamic Institutions

This study discusses the penetration of Islam in the Philippines, particularly the third wave of its expansion, which was brought by Sufi missionaries. It reinstates the historical relevance of Sufi ideas and approaches due to its contemporary relevance to the concept of social co-existence. The rational, intellectual and philosophical dimension of Islam is manifested in the cultural and traditional life of Muslim communities. The study also analyzes the impact of Muslim struggle for the development of Islamic institutions in the context of the secular state. The ongoing, unsettled debate between Islamic and government approaches to peace and development in Mindanao and Sulu continues unabated. Over the years, reforms were introduced, but in their midst, evidence of government biases and prejudices with regards to Islamic institutions have surfaced. Muslim leaders and intellectuals responded in the context of historical rights and freedom, but those views were often questioned as they are presumed to be incompatible with the national agenda for national unity. It was very recently that this incompatibility was readdressed giving support to having lasting peace and justice in Mindanao. The study argues that there have been substantial state-sponsored reforms which may contribute to the gradual advancement of Muslim communities. Though the path for the passage of Muslim concerns within the given condition is fragile and open to challenges, the study recognizes the prominence of inter-civilizational dialogue, from which the universal values of humanity will be embraced by both Muslim and non-Muslim policy makers. In addition, Muslim and non-Muslim communities in the Philippines need to embrace the universal principle of humanity and coexistence due to its relevance to the political stability and economic growth in the country.  Keywords: Muslims in the Philippines, Islamic institutions, Islamization, Muslim intellectuals, Reform. Abstrak Kajian ini mengkaji tentang kemasukan Islam, terutamanya gelombang ketiga perkembangannya, yang dibawa oleh para pendakwah sufi. Kajian itu mengembalikan semula sejarah penting tentang idea-idea dan pendekatan Sufi yang boleh digunapakai pada masa kini untuk mewujudkan keharmonian sosial di kalangan rakyat pelbagai agama. Pemahaman tentang Islam mempunyai pengaruh yang jelas terhadap kebudayaan dan tradisi Islam. Kajian ini juga menganalisis kesan perjuangan Muslim untuk pembangunan institusi Islam dalam konteks sebuah negara sekular. Perbahasan yang berterusan yang tidak menemukan penyelesaian antara pendekatan Islam dan pendekatan kerajaan untuk perdamaian serta pembangunan di Mindanao dan Sulu terus berlanjutan. Walaupun  bertahun-tahun pembaharuan telah dilakukan, namun terdapat bukti penolakan dan prasangka buruk kerajaan terhadap institusi Islam. Para pemimpin dan intelektual Muslim bertindak berdasarkan pada fakta sejarah dan hak kebebasan bersuara, namun pandangan mereka sering dipertikaikan kerana mereka dianggap tidak seiring dengan agenda dan perpaduan nasional. Baru-baru ini ketidakserasian ini mulai disuarakan semula untuk mendapat sokongan terhadap keamanan dan keadilan yang berterusan di Mindanao. Kajian ini mendapati bahawa terdapat pembaharuan yang dilakukan oleh pihak kerajaan yang boleh menyumbang ke arah  kemajuan masyarakat Islam secara beransur-ansur. Walaupun pendekatan bagi memenuhi hasrat orang Islam masih dalam keadaan yang rapuh dan penuh cabaran, namun kajian ini mengusulkan peripentingnya dialog antara peradaban dimana nilai-nilai universal manusia akan diperoleh dan dipegang oleh kedua-kedua pihak pembuat dasar iaitu  Islam dan bukan Islam. Di samping itu, umat Islam dan bukan Islam di Filipina perlu mengkaji dan mencontohi model keharmonian sosial Malaysia dan Singapura kerana kaitannya dengan kestabilan politik dan pertumbuhan ekonomi. Kata Kunci: Muslim di Filipina, institusi Islam, Islamisasi, intelektual Islam, Pembaharuan.

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