scholarly journals Manufacturing Export Performance: A Trend Analysis Approach

2021 ◽  
Vol 15 ◽  
pp. 108-112
Author(s):  
Nafiu Lukman Abiodun ◽  
George Stanley Kinyata ◽  
Osinusi Kunle Bankole
Keyword(s):  
Trend Analysis ◽  
Export Performance ◽  
Trade Openness ◽  
Capacity Utilization ◽  
Least Square ◽  
Analysis Approach ◽  
Ordinary Least Square ◽  
Least Square Approach ◽  
Level Of Significance ◽  
Manufactured Exports

The study examined the export performance using a trend analysis approach. A graphical demonstration showing the trend of export performance in Nigeria over time was displayed. It also identifies the major determinants of manufacture exports in Nigeria using ordinary least square approach which shows that an increase in the average tariff rate would lead to a decline in the manufacturing exports and its statistically significant at the 5% level of significance. Capacity utilization has a negative and insignificant with manufactured exports. Also, there is a positive and significant relationship between exchange rate and trade openness at 1 and 5% level of significance respectively.

scholarly journals Exploring the Impact of Openness on Inflation in Taiwan: Mediation Analysis With A Quantile Approach

2020 ◽  
Vol 17 ◽  
Keyword(s):  
Money Supply ◽  
Mediation Analysis ◽  
Trade Openness ◽  
Past Research ◽  
Least Square ◽  
Mediation Effect ◽  
Ordinary Least Square ◽  
The Past ◽  
Least Square Approach ◽  
The Impact

This paper adopts an innovative method, which is totally different from the past research studies, combining mediation analysis and a quantile regression to examine the impact of openness on inflation whether through money supply or not from 1961 to 2019 in Taiwan. The result of the traditional ordinary least square approach shows that Taiwan’s trade openness affects inflation through the full mediation effect of money supply for the period of 1961-2019 and there is no direct relation between trade openness and inflation. However, the results of this innovative approach indicate that Taiwan’s trade openness affects inflation through the partial mediation effect of money supply at 0.3 and 0.5 distributions of inflation. This result indicates that trade openness not only does directly affect inflation, but also indirectly affects inflation through the money supply

scholarly journals Globalization of the Automotive Industry: Is Indonesia Missing Out?

2016 ◽  
Vol 15 (1) ◽  
pp. 1-19 ◽  
Author(s):  
Moekti P. Soejachmoen
Keyword(s):  
Export Performance ◽  
Trade Openness ◽  
Absorption Capacity ◽  
Least Square ◽  
Production Network ◽  
Production Networks ◽  
Global Production Networks ◽  
Investment Policies ◽  
Left Behind ◽  
Automotive Production

International trade in automotive and auto parts has grown rapidly during the last two decades but Southeast Asia's largest economy, Indonesia, is lagging behind in its export performance. This paper uses a comparative perspective in examining Indonesia's role in automotive production networks in the context of the contemporary debate on opportunities for reaping gains from economic globalization through engagement in global production sharing. This research aims to answer two questions; the first addresses the determinants of a country's participation in the global production network, the second asks why Indonesia is being left behind in global production networks. Our analysis is based on the Jones and Kierzkowski fragmentation theory. The unbalanced panel trade data for 98 countries for the period 1988–2007 are estimated using the least square dummy variable method. The results show that in Asian countries, foreign direct investment openness is the most important determinant followed by trade cost, trade openness, competitiveness, and labor quality. Indonesia is being left behind for a number of reasons, such as restrictive foreign investment policies, higher trade costs and remaining high protection in the automotive sector in terms of tariff and non-tariff measure, and a low education level that hampers the absorption capacity in technology.

Panel Data Analysis of Financial Development, Trade Openness, and Economic Growth: Evidence from BRICS Countries

2018 ◽  
Vol 4 (1) ◽  
pp. 1-18 ◽  
Author(s):  
Ritu Rani ◽  
Naresh Kumar
Keyword(s):  
Economic Growth ◽  
Trade Openness ◽  
Panel Cointegration ◽  
Least Square ◽  
Cointegration Test ◽  
Ordinary Least Square ◽  
Brics Countries ◽  
Long Run ◽  
Panel Granger Causality ◽  
Panel Cointegration Test

The purpose of this article is to investigate the possible cointegration and direction of causality between foreign direct investment (FDI) inflow, trade openness, and economic growth in BRICS countries using panel data from 1993 to 2015. Besides these variables, money supply and domestic credit (DC) to private players are also added in the model to examine the impact of financial openness on economic growth. The Pedroni’s panel cointegration test is used to examine the existence of long-run relationship, and coefficients of cointegration are examined by fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS). Further panel Granger causality test is used to examine the direction of causality among the competing variables. The results of Pedroni’s panel cointegration test indicate that there exists a long-run relationship among the variables under considerations in BRICS countries. The coefficient of FMOLS and DOLS indicates that trade openness has a positive impact on economic growth in BRICS countries while FDI inflow has a negative impact in these nations. In addition, the results of panel Granger causality confirmed bidirectional causality between FDI inflow and economic growth in the short run. The study recommends that BRICS countries should liberalize trade openness as it strengthens the position of member countries in the world economy.

scholarly journals Impact of Trade Openness and Human Capital on Economic Growth: A Comparative Investigation of Asian Countries

2020 ◽  
Vol 12 (7) ◽  
pp. 2930 ◽  
Author(s):  
Rabail Amna Intisar ◽  
Muhammad Rizwan Yaseen ◽  
Rakhshanda Kousar ◽  
Muhammad Usman ◽  
Muhammad Sohail Amjad Makhdum
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Negative Impact ◽  
Trade Openness ◽  
Least Square ◽  
Ordinary Least Square ◽  
Southern Asia ◽  
Long Run ◽  
Western Asia ◽  
The Impact

The aim of this study is to analyze the impact of trade openness and human capital on economic growth in 19 Asian countries from 1985 to 2017. We selected two geographically distributed regions (Western and Southern Asia) based on difference in their GDP per capita. We applied the unit root tests to examine the level of stationarity and found that all variables were integrated at first difference. Kao and Fisher cointegration tests were employed and the results revealed the presence of a long-run relationship. We applied fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) models to check the magnitude of the long-run coefficients among trade openness, human capital and economic growth. To investigate the direction of causality, we used a Dumitrescu and Hurlin (DH) causality test. The results indicated that trade openness and human capital have a significant and positive relationship while labor force participation has a negative effect on economic growth in Southern Asia, and in the case of Western Asia, the impact is positive. Foreign direct investment (FDI) has a negative and significant impact on GDP per capita (GDPPC) in Western Asia while it is positive and significant in Southern Asia; Total population (TPOP) has a negative impact on GDPPC in both regions. Furthermore, human capital has a positive and significant impact on trade openness in both panels. Meanwhile, labor force participation (LFP) has a positive and significant impact on trade openness in Southern Asia and a negative impact in the case of Western Asia. Trade openness and economic growth have bidirectional causality in Western Asia and unidirectional causality in Southern Asia. It also shows that human capital and economic growth have unidirectional causality in both regions.

scholarly journals Trade openness and economic growth: empirical evidence from Pakistan

2017 ◽  
Vol 4 (1) ◽  
pp. 1-3
Author(s):  
Waqas Ahmad ◽  
Sadia Mir ◽  
Maria Siddique ◽  
Hafiz Ur Rehman
Keyword(s):  
Economic Growth ◽  
Empirical Evidence ◽  
Empirical Studies ◽  
Aggregate Demand ◽  
Trade Openness ◽  
Output Growth ◽  
Least Square ◽  
Ordinary Least Square ◽  
Model Sample ◽  
Data Period

This study examines the effects of increasing trade openness on Pakistan’s economic growth. A four variable macro model based on the textbook type familiar aggregate demand – aggregate supply framework is specified. And a simple ordinary least square (OLS) technique is used for the estimation. For Pakistan, shocks to trade openness have negative (but insignificant) effects on output growth. The significance of the results depends on the specification of the model, sample size and the length of the data period. The results seem to be consistent with the findings of some empirical studies in which a country may suffer a loss due to increase openness of an economy.

Do remittance and renewable energy affect CO2 emissions? An empirical evidence from selected G-20 countries

2021 ◽  
pp. 0958305X2110296
Author(s):  
Khalid Jamil ◽  
Dunnan Liu ◽  
Rana Faizan Gul ◽  
Zahid Hussain ◽  
Muhammad Mohsin ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Financial Development ◽  
Cross Section ◽  
Trade Openness ◽  
Negative Relationship ◽  
Panel Cointegration ◽  
Least Square ◽  
Annual Data ◽  
Renewable Energy Resources ◽  
Ordinary Least Square

The study aims to compare CO2 emissions, renewable energy, trade openness, gross domestic product (GDP), financial development (FD), and remittance in selected G-20 countries. The study carried out fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) models for estimation covering annual data from the year 1990–2019. LM tests detected the cross-section dependency while stationarity of the variables was checked through Levin-Lin-Chu and Im-Pesaran-Shin tests along with Hansen's Covariate-Augmented Dickey Fuller (CADF) test in the presence of cross-section dependency. The panel unit root tests reported that all variables became stationary after converting them into the first difference. The Panel Cointegration and Wester-Lund test examined the existence of long-run equilibrium nexus among selected variables in the context of G-20 countries. The study's findings show that there is a significant and negative relationship between renewable energy and CO2 emissions. It was proven in two models that the economic growth of selected G-20 countries has a positive relationship with CO2 emissions. Furthermore, findings indicate that the coefficient of financial development is positive and significantly impacts CO2 emissions. The remittances have a significant positive effect on CO2 emissions, while trade openness has an insignificant impact on CO2 emissions in both models. This research will enlighten policymakers, researchers, governments, and environmentalists toward attaining a sustainable environment by wisely consuming remittances and renewable energy resources.

ANALISIS FAKTOR – FAKTOR YANG MEMPENGARUHI TINGKAT KEPARAHAN KEMISKINAN DI PROVINSI SUMATERA BARAT Hatika Marreza, Idris

2019 ◽  
Vol 1 (3) ◽  
pp. 751
Author(s):  
Hatika Marezza ◽  
Idris Idris
Keyword(s):  
Least Square ◽  
Health Needs ◽  
Cigarette Consumption ◽  
Teaching Staff ◽  
Ordinary Least Square ◽  
The Public ◽  
Education And Health ◽  
West Sumatra ◽  
Least Square Approach ◽  
The Government

: This study aims to analyze the effect of factor (X1) cigarette consumption toward the severity of poverty, (X2) education toward the severity of poverty, (X3) health toward the severity of poverty, in West Sumatra. This study uses data analysis methods which uses multiple linear analysis using the Ordinary Least Square approach. This study uses the Susenas data of West Sumatra Province in 2017. The results of the study show that (1) Cigarette consumption does not have a significant effect toward poverty severity. (2) Education has a significant effect toward the severity of poverty. (3) Health does not have a significant effect toward the severity of poverty. (4) Taken together there is a significant influence between Cigarette Consumption, Education and Health toward the severity of poverty in West Sumatra. Therefore, it is expected that the public can reduce cigarette consumption to reduce the severity of poverty. For education, the government is expected to try to pay attention to and improve the development of decent infrastructure with more teaching staff. Health needs to be improved so that health complaints are reduced so as to support production activities and the maximum income earned and poverty will decrease.for further research on the analysis of factors that influence the severity of poverty can be added with other variables to be more complete.

scholarly journals Biostatistical analysis of birth weight and head circumference of babies a case study of Nigeria

2015 ◽  
Vol 12 (1) ◽  
pp. 5-12
Author(s):  
DF Adiele ◽  
UO Elem
Keyword(s):  
Birth Weight ◽  
Head Circumference ◽  
Linear Regression Analysis ◽  
Percent Level ◽  
Least Square Method ◽  
Least Square ◽  
Chi Square ◽  
Ordinary Least Square ◽  
Chi Square Test ◽  
Level Of Significance

This paper examined the relationship between birth weight and head circumference of babies. The ordinary least square method of linear regression analysis and Chi-square test were utilized to achieve its objectives. The hypothesis that birth weight is independent of head circumference; birth weight is independent of sex; and head circumference is independent of sex was rejected at 5 percent level of significance. The result showed that birth weight is dependent on head circumference and sex; and that head circumference depends on sex. Birth weight and head circumference of male babies are higher than that of the female babies. However, female have normal head circumference than male. Moreso, a significant linear positive relationship exists between birth weight and head circumference.

scholarly journals Effects of Foreign Exchange Crisis on the Performance of Manufacturing Sector in Nigeria

2021 ◽  
pp. 1-7
Author(s):  
Dr. Marshal Iwedi
Keyword(s):  
Foreign Direct Investment ◽  
Exchange Rate ◽  
Foreign Exchange ◽  
Direct Investment ◽  
Manufacturing Sector ◽  
Trade Openness ◽  
Exchange Rate Policy ◽  
Least Square ◽  
Explanatory Variables ◽  
Level Of Significance

The study examined the effect of foreign exchange crisis on the performance of manufacturing sector in Nigeria over the period of 35 years ranging from 1985 to 2019. The study proxy foreign exchange crisis by exchange rate of U.S to Nigeria, trade openness and foreign direct investment while performance of manufacturing sector was measured by manufacturing sector gross domestic product. Time series were used and sourced from central bank of Nigeria statistical bulletin for 2019. Ordinary least square (OLS) technique of regression was used to analyze the data. The R-square, T-statistics and F-statistics were used to determine the extents to which the explanatory variables affect the explained variable. The hypotheses formulated were tested at 5% level of significance using t-test. The results reveal that foreign exchange rate has a negative and significant effect on manufacturing sector GDP in Nigeria. Trade openness has a positive and significant effect on manufacturing sector performance while foreign direct investment has a positive and significant effect on manufacturing sector GDP in Nigeria. The study concluded that foreign exchange crisis plays a significant negative role in the performance of manufacturing sector in Nigeria. The study recommended that there should be pursuance of sustainable and stable exchange rate policy and to put in place, measures that will promote greater exchange rate stability.

Sign in / Sign up

Export Citation Format

Share Document