scholarly journals Prospects of the Nigeria Brewery Industry

2019 ◽  
Vol 2 (1) ◽  
pp. 17-24
Author(s):  
Paul A. Ugboya ◽  
Martins A. Odiamenhi
Keyword(s):  
Time Series Data ◽  
Least Square ◽  
Regression Coefficients ◽  
Series Data ◽  
Ordinary Least Square ◽  
Factors Influencing ◽  
The Future ◽  
Annual Time Series ◽  
Annual Time

This study analyses the economics and determinants of a brewery industry (Guinness Nigeria Limited) with a view of establishing the future of breweries in Nigeria. The specific objectives were to estimate the factors influencing products production and determine the viability of products manufactured by the company. Multiple regression and the ordinary least square techniques were used to analyse the long-term (2006 - 2015) annual time series data observed for the study. The results showed that the major determinant of Stout, Harp and Malt production is demanded. As a significant input, it positively influences product production. The observed values of regression coefficients (R2) are 0.99349 (for Stout), 0.90981 (for Harp), and 0.99498 (for Malt), which indicates that they are reliable for determining the future of Guinness Nigeria Ltd. The results also showed that logarithm of demand for Stout production (LstoutD) of 13.5277, LharpD of 21.8439 and LmaltD of 12.2653 were projected respectively up to the year 2025, an indication that brewery production in the state is viable and that future is bright.

scholarly journals Determinants of International Migration: The Nigerian Experience

2014 ◽  
Vol 62 (2) ◽  
pp. 321-327 ◽  
Author(s):  
Samuel Antwi Darkwah ◽  
Nahanga Verter
Keyword(s):  
International Migration ◽  
Time Series Data ◽  
National Development ◽  
Least Square ◽  
Series Data ◽  
Ordinary Least Square ◽  
Foreign Earnings ◽  
Annual Time Series ◽  
Ordinary Least Square Regression ◽  
Annual Time

This paper examines some determinants of international migration in Nigeria using annual time series data spanning the period 1991–2011. Using ordinary least square regression method, the results indicate that the level of unemployment, migrants’ remittances and population growth are the key determinants of emigration from Nigeria to other countries, statistically significant at 0.01 level.In a country where unemployment rate is very high, this movement is likely to help in reducing pressures on the labour market. Migrants’ remittances might also help in alleviating poverty within households. Migrants’ remittance to Nigeria has surpassed both Foreign Direct Investment and Net Official Development Assistance inflows, making it one amongst the major sources of foreign earnings to Nigeria. Nigerians will continue to migrate to other parts of the world so long as the reasons or causes for their movement are not fully addressed i.e. if political and socioeconomic issues in the country do not improve. The Nigerian government should as a matter of urgency, create better jobs and conducive environment in order to stop people from migrating while at the same time encouraging its skilled labour abroad to return home to help in national development.

scholarly journals Komparasi Mekanisme Transmisi Kebijakan Moneter Syariah dan Konvensional Melalui Jalur Harga Aset Terhadap Inflasi di Indonesia

2017 ◽  
Vol 4 (10) ◽  
pp. 817
Author(s):  
Nikita Indi Kumala ◽  
Suherman Rosyidi
Keyword(s):  
Financial Services ◽  
Time Series Data ◽  
Least Square ◽  
Series Data ◽  
Short Term ◽  
Correction Model ◽  
Monthly Data ◽  
Ordinary Least Square ◽  
Policy Transmission

The purpose of this study is to find out the effect of mechanism Sharia andconventional monetary policy transmission through asset prices on inflation in Indonesia during 2011-2015. The method used is quantitative analysis and the model used is OLS (Ordinary Least Square) to find out the effect in the long term and ECM Model (Error Correction Model) for short term. The data used is time series data with monthly data units during January 2011 to December 2015 period. This study uses the data from Bank Indonesia, the Central Bureau of Statistics (Badan Pusat Statistik), and the Financial Services Authority (Otoritas Jasa Keuangan). The results of this study shows that the syariah model shows significantly negative towards the inflation, and the conventional model shows not significantly towards the inflation.

scholarly journals Causal Nexus between Billing Efficiency and Economic Growth in India: An Analysis Using Vector Autoregression

2017 ◽  
Vol 9 (3) ◽  
pp. 184
Author(s):  
Asit Ranjan Mohanty ◽  
Devtosh Chaturvedi ◽  
Suresh Kumar Patra
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Time Series Data ◽  
Vector Autoregression ◽  
Series Data ◽  
Long Run ◽  
Annual Time Series ◽  
Causal Nexus ◽  
Annual Time

Energy being a major factor of production plays a pivotal role in inducing a sustained and high economic growth of an economy. This paper attempts to examine the Vector Autoregression (VAR) based Granger causality between billing efficiency and growth rate of per capita Gross Domestic Product (GDP) of India using annual time series data for the period 1970-71 to 2014-15. The conventional Augmented Dicky-Fuller and Phillips-Perron tests reveal that both the series are non-stationary and individually integrated of order one. Johansen-Juselius cointegration approach finds no evidence on the long-run equilibrium association between these variables. However, the VAR - based Granger causality approach reveals unidirectional causality running from billing efficiency to economic growth without any feedback effect. As regards policy implication, implementation of both the short term and long term measures in improving billing efficiency, through the enhancement of commercial and operational efficiency in electricity distribution sector will undoubtedly aid in achieving sustained and high economic growth in India.

scholarly journals Impact of unemployment by sex and marriage rate on fertility decline: Estimates for Turkey and Greece using CCR model

2021 ◽  
Vol 5 (3) ◽  
pp. 76-89
Author(s):  
Goran Miladinov
Keyword(s):  
Fertility Decline ◽  
Time Series Data ◽  
Marriage Rate ◽  
Fertility Rate ◽  
Series Data ◽  
Annual Time Series ◽  
Canonical Cointegrating Regression ◽  
Annual Time ◽  
Ccr Model

The article analyses the effect of unemployment by sex and marriage rate on fertility changes in Greece and Turkey. The empirical part of the study is based on annual time series data retrieved from the World Bank and National Statistical Offices of Turkey and Greece for 1991–2019. Canonical Cointegrating Regression model is applied for the two countries separately, allowing to quantify the effects of the determinants (crude marriage rate and unemployment rate by sex) on the variation of fertility rate. CCR models show these determinants to be the most significant factors of fertility dynamics in both countries. The results from Engle-Granger and the Phillips-Ouliaris tau (t-statistics) tests confirm the cointegration, i.e., long-term relationship between the variables only for Turkey’s CCR model. However, it was found that in Greece, female unemployment impacts fertility rate negatively and male unemployment has a positive effect on fertility rate; for Turkey modelling shows the opposite relationship. The results of the study suggest that economic uncertainties might be one of the factors contributing to fertility decline in these countries, long-term or in the coming years.

Prices, Money Supply and Output Nexus in Pakistan – A Macro Econometric Model

2021 ◽  
Vol 3 (2) ◽  
pp. 106-118
Author(s):  
Asma Awan ◽  
Hafiz Khalil Ahmad ◽  
Altaf Hussain ◽  
Muhammad Yousuf Khan Marri
Keyword(s):  
Money Supply ◽  
Time Series Data ◽  
Positive Association ◽  
Least Square ◽  
Series Data ◽  
Real Output ◽  
Significant Positive Association ◽  
Annual Time Series ◽  
Annual Time

This study is an endeavor to examine joint determination of prices, money supply and output in Pakistan during 1975-2019 by using macro-economic model and annual time series data. Three Stage Least Square (3SLS) method is utilized to estimate simultaneous model of prices, money supply and output nexus. Our results strongly support significant positive association between prices and money supply thus supports monetarist view that growth in money supply causes inflation and rising behavior of prices is detrimental to real output. The accelerated inflation has obstructed real output and reduced output levels has further caused jump in price levels during the investigated period. The empirical results also supports significant bi-directional relationship between prices and money supply. Prudent monetary policy is need of hour to stabilize prices in order to minimize its adverse impacts on real output.

scholarly journals Import Flows of Bangladesh: Gravity Model Approach under Panel Data Methodology

2012 ◽  
Vol 60 (2) ◽  
pp. 153-157 ◽  
Author(s):  
Mili Roy ◽  
Md. Israt Rayhan
Keyword(s):  
Panel Data ◽  
Gravity Model ◽  
Cross Section ◽  
Time Series Data ◽  
Random Effect ◽  
Least Square ◽  
Series Data ◽  
Ordinary Least Square ◽  
Extended Gravity ◽  
Trading Partners

In counterpoint to export growth, Bangladesh import growth has remained much less strong, despite impressive progress in import liberalization. This study gives an overview of different methodologies related to gravity model analysis in Bangladesh’s import flow. A pooled cross section and time series data were analyzed to incorporate the country specific heterogeneity in country pair trading partners. The import flows are justified by the basic gravity model since Bangladesh’s imports are positively significant by the economy size and inversely related to trade barrier. Accordingly, we have analyzed pooled ordinary least square, fixed effect, random effect. This study also explores extended gravity model using several variables in the light of gravity model panel data approach. Bangladesh’s import is determined by the home and foreign country’s gross domestic product and exchange rate. In addition, Cross section results show that regional trade arrangement which is South Asian Association for Regional Co-operation and border are significant for Bangladesh’s importimplies that Bangladesh should import more from intra regional country and also should import from India.DOI: http://dx.doi.org/10.3329/dujs.v60i2.11485 Dhaka Univ. J. Sci. 60(2): 153-157, 2012 (July)  

scholarly journals ANALISIS DETERMINASI PERTUMBUHAN EKONOMI PROVINSI JAMBI

2018 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Ali Fahmi
Keyword(s):  
Economic Growth ◽  
Government Spending ◽  
Capital Investment ◽  
Time Series Data ◽  
Negative Impact ◽  
Positive Impact ◽  
Least Square ◽  
Series Data ◽  
Ordinary Least Square ◽  
Investment Capital

This research aims to analyze the effect of government spending, investment of foreign capital investment, capital investment In Land and labor against growth of Jambi province during the 2004-2015. This research using Time Series data with regression analysis "Ordinary Least Square (OLS) wear EViews 8.  The findings from this research indicate that Labor become the most variable gives a positive impact against the next economic growth, government spending and investment, while investing PMDN PMA gives negative impact on The Economic Growth Of The Province Of Jambi. PMA investment posit no impact and no signikan against economic growth this is not prevalent, but it is possible the investment PMA in Jambi province is relatively small and still no impact in the absorption of the local Workforce. Menyikapai is an effort to boost the Economic growth of the Province of Jambi then needed a special business development policies should be directed at the activities that are labor-intensive to absorb labor as much as possible. Keywords: economic growth, government spending, PMA, the PMDN, and labor.

scholarly journals ANALISIS PENGARUH INVESTASI SWASTA , PENGELUARAN PEMERINTAH, DAN PENDUDUK TERHADAP PERTUMBUHAN EKONOMI DI KOTA BITUNG

2019 ◽  
Vol 19 (1) ◽  
Author(s):  
Yandiles Weya ◽  
Vecky A.J. Masinambow ◽  
Rosalina A.M. Koleangan
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Economic Activity ◽  
Time Series Data ◽  
Private Investment ◽  
Least Square ◽  
Series Data ◽  
Ordinary Least Square ◽  
North Sulawesi ◽  
The City

ANALISIS PENGARUH INVESTASI SWASTA , PENGELUARAN PEMERINTAH, DAN PENDUDUK TERHADAP PERTUMBUHAN EKONOMI DI KOTA BITUNG Yandiles Weya, Vecky A.J. Masinambow, Rosalina A.M. Koleangan. Fakultas Ekonomi dan Bisnis, Magister Ilmu EkonomiUniversitas Sam Ratulangi, Manado ABSTRAKPada suatu periode perekonomian mengalami pertumbuhan negatif berarti kegiatan ekonomi pada periode tersebut mengalami penurunan. Kota Bitung periode tahun 2004-2014 mengalami pertumbuhan ekonomi yang fluktuasi. Adanya fluktuasi ini dapat dipengaruhi oleh investasi swasta, belanja langsung, dan penduduk Pertumbuhan ekonomi merupakan salah satu tolok ukur keberhasilan pembangunan ekonomi di suatu daerah. Pertumbuhan ekonomi mencerminkan kegiatan ekonomi. Pertumbuhan ekonomi dapat bernilai positif dan dapat pula bernilai negatif. Jika pada suatu periode perekonomian mengalami pertumbuhan positif berarti kegiatan ekonomi pada periode tersebut mengalami peningkatan. Sedangkan jikaTahun 2004-2014 yang bersumber dari Badan Pusat Statistik Provinsi Sulut dan Kota Bitung. Metode analisis yang digunakan adalah model ekonometrik regresi berganda double-log (log-log) dengan metode Ordinary Least Square (OLS). Penelitian ini bertujuan untuk mengetahui apakah perkembangan investasi swasta, belanja langsung, dan penduduk berpengaruh terhadap pertumbuhan ekonomi Kota Bitung. Data yang dipakai menggunakan data time series periodeHasil regresi model pertumbuhan ekonomi dengan persamaan regresinya yaitu  LPDRB  =  - 4,445    +  0.036 LINV  +  0.049 LBL  +  2,229 LPOP.  Dari hasil tersebutmenunjukkan perkembangan investasi swasta, belanja langsung dan penduduk berpengaruh positif dan signifikan terhadap pertumbuhan ekonomi Kota Bitung.Kata Kunci :pertumbuhan ekonomi, belanja langsung, penduduk, regresi bergandaABSTRACT    The economy experienced a period of negative growth means economic activity in this period has decreased. Bitung-year period 2004-2014 economic growth fluctuations. These fluctuations can be influenced by private investment, direct spending, and population Economic growth is one measure of the success of economic development in an area. Economic growth reflects economic activity. Economic growth can be positive and can also be negative. If the economy experienced a period of positive growth means economic activity during the period has increased. Whereas if  years 2004-2014 are sourced from the Central Statistics Agency of North Sulawesi Province and Bitung. The analytical method used is an econometric model double-log regression (log-log) with Ordinary Least Square (OLS). This study aims to determine whether the development of private investment, direct spending, and population affect the economic growth of the city of Bitung. The data used using time series data period.    The results of the regression model of economic growth with the regression equation is LPDRB = - LINV 4.445 + 0.036 + 0.049 + 2.229 LPOP LBL. From these results show the development of private investment, direct expenditure and population positive and significant impact on economic growth of Bitung.Keywords: Economic growth, direct spending, population, regression.

scholarly journals PERMINTAAN JAGUNG SEBAGAI BAHAN BAKU INDUSTRI PAKAN TERNAK DI INDONESIA

Agro Ekonomi ◽  
2017 ◽  
Vol 15 (1) ◽  
pp. 1
Author(s):  
Diah Ariyanti ◽  
Any Suryantini ◽  
Masyhuri Masyhuri
Keyword(s):  
Time Series Data ◽  
Import Price ◽  
Least Square ◽  
Raw Material ◽  
Series Data ◽  
Domestic Price ◽  
Ordinary Least Square ◽  
Feed Industry ◽  
Soybean Cake ◽  
Good For

The objectives of this research are to know the factors influencingdomestic maize demand, import maize demand, and total maize demand asraw material for feed industry in Indonesia, also their trend at five yearslater. The research use time series data. during 1976-2004. Simultaneousequations used to analyze domestic and import maize demand as rawmaterial for feed industry in Indonesia, while ordinary least square (OLS)used to analyze total maize demand as raw material for feed industry inIndonesia. The results show that domestic maize demand influenced negatively by maize domestic price and influenced positively by soybean cake import price, and trend of time. Cowpopulation, maize import price, and soybean cake import price influence import maize demand negatively, while fowl population and trend of time influence import maize demand positively. Total maize demand for feed industry in Indonesia positively influenced by soybean cake import price and cow population, and negatively influenced by maize domestic price. Soybean cake iscomplementary good for domestic maize and total maize, but becomesubstitution good for import maize. The trend of maize demand, includingdomestic and import maize demand, as raw material for feed industry inIndonesia increasing in the future.

Pengaruh pertumbuhan ekonomi, inflasi dan pengangguran terhadap tingkat kemiskinan di Sumatera Selatan

2019 ◽  
Vol 16 (1) ◽  
pp. 1-10
Author(s):  
Novegya Ratih Primandari
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Linear Regression ◽  
Linear Regression Model ◽  
Time Series Data ◽  
Secondary Data ◽  
Poverty Rate ◽  
Least Square ◽  
Series Data ◽  
Ordinary Least Square

This research aims to analyze effect of economic growth, inflation and Unemployment on the Rate of Poverty in the Province of South Sumatera. This research used secondary data in the form of time series data from 2001-2017. The method used quantitative approach by applying a linear regression model with OLS estimation Ordinary Least Square (OLS) method. The results of this study indicate that partially and simultaneously Economic Growth, Inflation and Unemployment have a significant effect on the Poverty Rate in the Province of South Sumatera.

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