scholarly journals Comparative Analyze of the Traditional and Islamic Banking Impacts on Poverty

2021 ◽  
Vol 18 ◽  
pp. 472-484
Author(s):  
Mayis Gulaliyev G. ◽  
Tunzale T., Gurbanova ◽  
Gultekin G. Mammadova ◽  
Nigar S. Tagiyeva ◽  
Yegana S. Alikhanli ◽  
...  

The paper examines comparatively the impact of the financial system development on the poverty rate in three countries, in Azerbaijan, Turkey, and Iran. The authors have calculated aggregately all four aspects of financial development by developing four new indices. The effects of these indicators on poverty, as well as the effects of the annual change of these indicators on the annual change in the poverty rate, were analyzed by the OLS method. The econometric analysis used to check the stationarity of the time series, the cointegration method, and the ADF test. The main result is that the financial system has a weak effect on poverty in Azerbaijan, where traditional banking is fully implemented, and in Turkey, where Islamic banking is partially implemented. However, in Iran, where only Islamic banking is practiced, the indices of the financial system's efficiency and stability have a strong negative impact on poverty.

2019 ◽  
Vol 82 (06) ◽  
pp. 559-567
Author(s):  
Christina Niedermeier ◽  
Andrea Barrera ◽  
Eva Esteban ◽  
Ivana Ivandic ◽  
Carla Sabariego

Abstract Background In Germany a new reimbursement system for psychiatric clinics was proposed in 2009 based on the § 17d KHG Psych-Entgeltsystem. The system can be voluntary implemented by clinics since 2013 but therapists are frequently afraid it might affect treatment negatively. Objectives To evaluate whether the new system has a negative impact on treatment success by analysing routinely collected data in a Bavarian clinic. Material and methods Aggregated data of 1760 patients treated in the years 2007–2016 was analysed with segmented regression analysis of interrupted time series to assess the effects of the system on treatment success, operationalized with three outcome variables. A negative change in level after a lag period was hypothesized. The robustness of results was tested by sensitivity analyses. Results The percentage of patients with treatment success tends to increase after the new system but no significant change in level was observed. The sensitivity analyses corroborate results for 2 outcomes but when the intervention point was shifted, the positive change in level for the third outcome became significant. Conclusions Our initial hypothesis is not supported. However, the sensitivity analyses disclosed uncertainties and our study has limitations, such as a short observation time post intervention. Results are not generalizable as data of a single clinic was analysed. Nevertheless, we show the importance of collecting and analysing routine data to assess the impact of policy changes on patient outcomes.


2017 ◽  
Vol 9 (8) ◽  
pp. 239
Author(s):  
Ayman Abdal-Majeed Ahmad Al-Smadi ◽  
Mahmoud Khalid Almsafir ◽  
Muzamri Bin Mukthar

The financial tools all over the world become extremely decisive in these days. The main goal of this paper is to measure then to discuss the impact of performance of conventional and Islamic banking in Turkey during the financial crisis. some variables such as profitability, liquidity, operational efficiency and business growth are used as a measuring factor to determine the performance for both financial models. The period of study is taken during the financial crisis in 1997 and during the global financial crisis in 2007. The comparison in this study is made between the performances of Islamic banking  and conventional banking in Turkey.Some secondary data had examines in this study which was drown from the annual report from one of Turkey bank since 2002 until 2013. SPSS (Statistical Package for the Social Sciences) “18.0” has been used to compare between Islamic finance model and other model. The findings of this paper shows that Islamic financial system is performing superior than conventional financial system for the period of this study. Hence, it can be concluded that the system of Islamic banking is able to sustain and compete with the conventional banking system especially during any financial crisis.


2021 ◽  
Author(s):  
Ariyo DP Irhamna ◽  
Ely Nurhayati ◽  
Adinda Putri Safira ◽  
Galuh Indra Wijaya

Abstract Scholars have long studied the spillover of FDI on trade. However, there has been limited study which spesifically investigate the impact of FDI on the export structure in a developing country. Does FDI more important than domestic investment for export structure? To examine the question, we test the impact of FDI and DDI on the export structure in time series framework, utilizing data on FDI inflows to Indonesia and export data based on product stage over 1992–2017. The export structure is analyzed based on three categories, namely primary product, intermediate product, and final product. Our results show that domestic investment has a negative impact on the primary export product, while foreign investment has a positive impact on the final export product. The result highlights the importance of domestic and foreign investment in export upgrading.


2020 ◽  
Vol 3 (1) ◽  
pp. 170-185
Author(s):  
Kamalu Kabiru ◽  
Wan Hakimah Binti Wan Ibrahim

Islamic financial instruments of profit-loss-sharing and redistributions are capable of including people hitherto outside the formal financial system into mainstream formal finance thereby increasing the level of financial inclusion. Globally, OIC member countries have the highest number of adult age 15 and above without access to a formal bank account (53.7%). The primary purpose of this study is to investigate how does Islamic banking can increases the level of financial inclusion in OIC member countries. The work employed the use of system GMM, second-generation cointegration test and causality test to achieve this objective. The data used in this study were obtained from world development indicators, GLOBAL Findex and OIC statistical database from 2013 to 2018. The result found that Islamic banking significantly affects the level of financial inclusion in OIC member countries, and the impact found to be positive and significant when the interaction of Islamic banking and institution were used. Moreover, Islamic banking is found to cause financial inclusion, with no bidirectional causality. Other independent variables, GDP per capita, Institution and domestic to private sector are found to have positive impact on financial inclusion. The results confirmed that, Islamic banking has positive impact on financial inclusion in OIC member countries. In order to promote financial inclusion the policymakers in OIC member countries should consider improving the level of Islamic banking development, so that more people outside the formal financial system will be included. Keywords: Islamic banking development, Financial inclusion, Generalised Methods of the Moment (GMM), Organisation for Islamic Cooperation (OIC) member countries


Author(s):  
Candra Fajri Ananda ◽  
Moh. Khusaini ◽  
Atu Bagus Wiguna

Objective - The poverty issue in East Java Province is an interesting research object. This phenomenon has retrieved in every fiscal year, although the intergovernmental transfer funds increase significantly annually. In the decentralization era, a region has been authorized to identify its problem and provide solutions based on their initiatives and preferences. The local government through their budget should focus on their problem solving, i.e. poverty alleviation. Utilizing panel regression, we found that government spending on education and health can reduce poverty rate. Methodology/Technique - OLS (Ordinary Least Squared) modelwas utilized to answer the objective of the study, that is, to see how the effect of government spending in various sectorson poverty alleviation. Findings - Using the panel regression model, this study found that government spending on education has a negative impact on poverty rate in the East Java Province. The impact on this variable appears to be statistically significant. Novelty - This study showed that central and local government should synchronize their proposed programs, reducing overlapped programs, to pursue a higher efficiency of budget management. Type of Paper - Empirical/Review Keywords: Quality Spending, Budget Deficit/Surplus, Poverty Alleviation. JEL Classification: H72, I31, I32.


Energies ◽  
2019 ◽  
Vol 12 (12) ◽  
pp. 2228
Author(s):  
Mostafa Farrokhabadi

This paper presents findings on mitigating the negative impact of renewable energy resources variability on the energy scheduling problem, in particular for island grids and microgrids. The methods and findings presented in this paper are twofold. First, data obtained from the City of Summerside in the province of Prince Edward Island, Canada, is leveraged to demonstrate the effectiveness of state-of-the-art time series predictors in mitigating energy scheduling inaccuracy. Second, the outcome of the time series prediction analysis is used to propose a novel data-driven battery energy storage system (BESS) sizing study for energy scheduling purposes. The proposed probabilistic method accounts for intra-interval variations of generation and demand, thus mitigating the trade-off between time resolution of the problem formulation and the solution accuracy. In addition, as part of the sizing study, a BESS management strategy is proposed to minimize energy scheduling inaccuracies, and is then used to obtain the optimal BESS size. Finally, the paper presents quantitative analyses of the impact of both the energy predictors and the BESS on the supplied energy cost using the actual data of the Summerside Electric grid. The paper reveals the significant potential for reducing energy cost in renewable-penetrated grids and microgrids through state-of-the-art predictors combined with applications of properly-sized energy storage systems.


2021 ◽  
Vol 9 (1) ◽  
pp. 25-36
Author(s):  
Nazim Ullah ◽  
Fauzias Mat Nor ◽  
Junaidah Abu Seman

Merger and acquisition (hereafter MA) are the business expansion strategy. Islamic bank is the niche banking sector compared to its peers while it is categorized as too small to succeed. The paper aims to analyze the impact of MA on the operational performance of the Islamic banking sector. This study employs empirical research methods, namely cross-sectional pooled regression and panel data regression to analyze a set of samples consisting of 10 Islamic banks involved in MA from 6 countries, drawn from the International Monetary Fund (IMF), World bank, Ficth Connect, and Bloomberg over the years of 2009Q1to 2018Q4. The operational performance is estimated using accounting-based measures while the Herfindahl-Hirschman Index (HHI) and the concentration ratio (CR) are applied to signify market structure. Total assets, total deposits, and operating income variables are used to represent bank size. The findings indicate that bank size shows a negative impact on operational performance. While the segregated level of bank size which is larger banks and concentrated market structure has a greater impact on the operational performance of Islamic banks in the post-MA period. The paper concludes by discussing policy implications for policymakers and academicians for having the strategic decision on the MA deal and further research.


Author(s):  
Baoshuai Zhang ◽  
Yuqin Zhou

The relations between carbon and oil market is concerned by many scholars but little research has focused on the dependence between their quantiles. We use Quantile on Quantile Regression method to study the impact of WTI crude oil price and Daqing crude oil price on carbon price and use wavelet analysis to clean and decompose the time series. Results show that the impact of crude oil on carbon is heterogeneous. Research based on the original sequence shows that crude oil price has a positive impact on carbon price at all quantile levels. Research based on decomposition sequence shows that the positive impact of crude oil on carbon begins to weaken, the zero effect begins to increase, and the negative impact also begins to appear. However, the negative impact on carbon price becomes stronger with the stability of the time series data obtained from the decomposition of crude oil price series gradually improving, while the positive impact gradually weakens.


Author(s):  
In Lee

Due to the profound impact of e-commerce on organizations, e-channel development emerged as one of the most important challenges that managers face. Unfortunately, studies indicate that managers in most large companies are still unclear about an e-commerce strategy, and tend to lack adequate e-commerce development expertise. Poorly planned and developed e-commerce channels add little value to organizations. Furthermore, these poorly developed e-channels may even have negative impact on their organizations by confusing and disappointing customers who value a seamless cross-channel experience. To develop an e-channel that delivers higher utility to customers and generates sustainable long-term profits, managers need to analyze how an e-commerce channel affects the performance of existing channels and develop a company-wide e-channel development program. Based on a number of e-commerce case studies, we developed an e-channel development framework that consists of five step-by-step phases: (1) strategic analysis; (2) e-channel planning; (3) e-channel system design; (4) e-channel system development; and (5) performance evaluation and refinement. This framework helps managers evaluate the impact of e-commerce channels on organizational performance and determine the most appropriate channel design and integration mechanisms for the achievement of business strategies. This paper also discusses impact of e-channel structures on organizational performance.


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