MACROECONOMIC DETERMINANTS OF DEMAND FOR AIR PASSENGER TRANSPORT AMONG SELECTED AIRLINES

2017 ◽  
Vol 2 (3) ◽  
pp. 101 ◽  
Author(s):  
Jane W. Kiboi ◽  
Prof. Paul Katuse ◽  
Prof Zachary Mosoti
Keyword(s):  
Interest Rates ◽  
Capital Investment ◽  
Secondary Data ◽  
Target Population ◽  
Transportation Systems ◽  
Gdp Growth ◽  
Passenger Transport ◽  
On Demand ◽  
The World ◽  
Price Determinants

Purpose: The purpose of this paper was to investigate the price and non-price determinants of demand for air passenger transport among selected airlines.Methodology: The study target population was airlines across the World. The study used a sample of 10 airlines across the World. The airlines included; British Airways, Ethiopian Airways, Emirates , Qatar Airways, Turkish Airlines, South Africa Airlines, China Southern Airlines, Kenya Airways, Egypt air and Air France. Secondary data of the selected airlines was collected from the International Air Transport Association (IATA) for the period from 2005 to 2014. The data collected was analyzed using STATA software to generate descriptive, trends and inferential statistics which were used to derive conclusions and generalizations regarding the population. The panel data regression model was used to determine the relationship between study variables.Results: Based on the findings, the study concluded that both domestic and global interest rates have a negative and significant effect on demand for air passenger transport. Further, the study concluded that GDP growth (domestic), GDP growth (global) and GDP per capita have a positive and significant effect on demand for air passenger transport.Recommendations: Based on the findings, the study recommended that, at a macro level, airlines should consider adjusting their travel prices using the directional movements of the above mentioned variables as a guideline. Based on the findings, the study recommended that governments should use the study of demand drivers to forecast their capital investment plan for the improvement of the air transportation systems in their respective countries and design policies that require use of the demand drivers observed in this study for planning of aviation infrastructure expansion. 

scholarly journals The Effects of Inflation, Interest Rates and Exchange Rates on Composite Stock Price Index During the Covid-19 Pandemic

2021 ◽  
Vol 5 (2) ◽  
pp. 77-85
Author(s):  
Ifa Nurmasari ◽  
Siti Nur'aidawati
Keyword(s):  
Exchange Rates ◽  
Interest Rates ◽  
Stock Price ◽  
Research Method ◽  
Price Index ◽  
Hypothesis Test ◽  
Secondary Data ◽  
The World ◽  
Stock Price Index ◽  
Quantitative Descriptive

The COVID-19 pandemic that hit Indonesia and even the world, caused changes in various sectors and decline in the Indonesian economy. To improve the economy, it is necessary to increase investment. This research aims to find out how the influence of inflation, bank interest rates and currency rates on Composite Stock Price Index both partially and simultaneously at the time of the covid-19 pandemic. The research method used in this study is quantitative descriptive, which discusses the problems faced that describe the state of a country expressed in numbers. The data used in this study is secondary data. It was taken during the covid-19 period from March 2020 to July 2021. The analytical methods are used multiple linear regression, classical assumption test, hypothesis test, and determination coefficient test. The novelty of this research is to use macroeconomic data during the COVID-19 pandemic. The results showed that simultaneously, inflation, bank interest rates, and currency rates had a significant effect on Composite Stock Price Index. Inflation, bank interest rates, and currency rates exert a 94.9% effect on Composite Stock Price Index. The remaining 5.1% was affected by other factors not used in the study. Partially, inflation is positive and significant to Composite Stock Price Index. Bank interest rates and currency rates negatively and significantly affect Composite Stock Price Index.  

scholarly journals Fundamental Anomalies and Firms Financial Distress; Evidence from Nairobi Securities Exchange, Kenya

2020 ◽  
pp. 1-27
Author(s):  
Charles Roche ◽  
Tobias Olweny ◽  
Tabitha Nasieku
Keyword(s):  
Stock Market ◽  
Financial Distress ◽  
Secondary Data ◽  
Target Population ◽  
Law And Order ◽  
Policy Makers ◽  
Listed Firms ◽  
Dividend Policies ◽  
The World ◽  
The Right

Stock market broadly referred to as security exchange has gained so much interests from various stakeholders around the world as they endow exceedingly to the growth of the world economy. Nairobi Securities Exchange, being an emerging stock market, this study therefore considered dividend yield anomaly, measured by dividend per share and price to earnings anomaly operationalized through earnings per share as the types of the fundamental anomalies. When there is fundamental anomaly, firms tend to exhibit unhealthy financial position which is financial distress, measured by Z-Score. The main objective of this study is to examine the relationship between fundamental anomalies and firms’ financial distress; evidence from Nairobi Securities Exchange, Kenya. This study adopts descriptive research design and embraced secondary data from 2007 to 2017 from a target population of 67 listed firms. It was found that there existed a relationship between fundamental anomalies and firms’ financial distress. The study recommends that the management should put in place the right dividend policies, declaration or nondeclaration of dividends in the treatment of dividends. For policy makers and regulators, the recommendations will assist in restoring law and order and this will enable all the stakeholders to have confidence in Nairobi Securities Exchange. Keywords: Securities Exchange, Financial Distress, Fundamental Anomalies.

scholarly journals EFFECT OF CREDIT ACCESS FUNCTION ON FINANCIAL PERFORMANCE OF SACCOS IN KENYA

2016 ◽  
Vol 1 (2) ◽  
pp. 35
Author(s):  
Jackson Mnago Ndungo’ ◽  
Dr. Olweny Tobias ◽  
Dr. Memba Florence
Keyword(s):  
Correlation Analysis ◽  
Financial Performance ◽  
Interest Rates ◽  
Causal Effect ◽  
Pearson Correlation ◽  
Secondary Data ◽  
Target Population ◽  
Descriptive Statistics ◽  
Inferential Statistics ◽  
Credit Access

Purpose: The study sought to establish the effect of credit access function on financial performance of SACCOs in Kenya.Methodology: The study adopted a descriptive research design. The target population comprised of registered 181 deposit-taking SACCOs as at 31st December 2014 and the three licensed CRBs in Kenya. Stratified random sampling was used in the study, where SACCOs were grouped into five respective strata which were then randomly selected. The SACCOs were grouped into five respective strata of government based, teachers based, farmers based, private institutions based and community based. The study sampled 135 of the 181 (74.5%) licensed deposit taking SACCOs since these were the only licensed deposit-taking SACCOs by 2014. The choice of the licensed deposit taking SACCOs in Kenya was very objective since it was possible to obtain information that is representative of Kenya. In addition, SACCOs form the smaller arm in the financial sector and in most cases deals with a larger group of clients from the informal sector as opposed to other financial institutions like banks. Both primary and secondary data were analyzed using SPSS software, and statistics generated included descriptive statistics and inferential statistics. The particular descriptive statistics used included frequencies and percentages while the particular inferential statistics included Pearson correlation analysis and regression. Correlation analysis was used to establish either positive or negative relationships between the variables. Regression analysis was used to establish the significance of the variables and the degree of causal effect of the independent variables on the dependent variable. The hypotheses testing were conducted using simple regression model.Findings: From the data analysis the study concluded that there was a significant and positive relationship between credit access function and financial performance thus the existence of credit reference bureaus was suitable for improving financial performance of SACCOs. This implied that CRBs help improve credit access resulting to increase in income in form of interest charged from the loans granted. In addition, Credit reference bureaus have led to increase in small and short-term loans. Credit reference bureaus helped members remove fear for access of credit and also for lenders no longer fear to get a negative selection of applicants since their competitor has already picked all cherries.Recommendation: The study recommended that lenders should reduce unnecessary transaction costs like high interest rates on provision of credits which may shy away borrowers or even make loans expensive thus reducing credit access to borrowers. There was also a need to develop strategic plans to act as a road map for the SACCOs future plans that would enhance credit access and performance improvement.

At a Glance…

2002 ◽  
Vol 180 ◽  
pp. 2-3
Keyword(s):  
North America ◽  
Interest Rates ◽  
Euro Area ◽  
World Trade ◽  
World Economy ◽  
Japanese Economy ◽  
Gdp Growth ◽  
List Type ◽  
The Us ◽  
The World

The world economy is starting to pick up speed again: by 2003, it will be growing by 3.7 per cent, with world trade expanding by 8.5 per cent a year.This will prompt rises in interest rates in North America and Europe.The US will grow by 2.4 per cent this year, double the rate of last year, rising to 3.5 per cent in 2003.Recovery in the euro area will be gradual, with GDP growth rising from 1.4 per cent in 2002 to 2.5 per cent in 2003.The Japanese economy will shrink by 1.2 per cent in 2002, and recovery in 2003 will be relatively modest, with GDP growth of 1.3 per cent.

scholarly journals EFFECTS OF EDUCATION ON THE PERFORMANCE OF SMALL ENTERPRISES IN KENYA: A CASE STUDY OF GIKOMBA MARKET, NAIROBI.

2017 ◽  
Vol 2 (3) ◽  
pp. 1
Author(s):  
Michael Olotch
Keyword(s):  
Data Analysis ◽  
Interest Rates ◽  
Business Performance ◽  
Secondary Data ◽  
Management Training ◽  
Target Population ◽  
Small Enterprise ◽  
Primary Data ◽  
Small Enterprises ◽  
Market Capitalisation

Purpose: The key objective of this research was to establish the relationship, if any, between education/training and the performance of small enterprises in Gikomba market.Methodology:This study adopted descriptive and regression analysis design and the target population for this study are the owners/managers of small business enterprises in Gikomba market, Nairobi. A sample of 68 respondents will be selected. Probability sampling was used whereby stratified random sampling will be grouped into two or more relevant strata. This study used both primary and secondary data collected using questionnaires and secondary data collection data guide. Primary data was collected for all variables for a period of 3 years (2010 to 2012). Data analysis was used using both descriptive and inferential statistical methods. Descriptive statistics will include; frequencies, mean and standard deviation. Data analysis output was presented using graphs and tables. Inferential statistics will include regression and ANOVA tests.Results:The results indicate that Education greatly influences the financial and non-financial factors in the SMEs sector. However the level of education is not the key factor to SME’s existence and success. If the business management training education is well implemented, all the small enterprise traders at Gikomba open air market should be in position to breakeven and also to manage their business performance as expected.Policy recommendation: The study recommends that policy makers should adopt the findings of this study. According to the results, exchange rates, public debt and interest rates were the significant determinant of market capitalisation of listed companies in Kenya during the study period. Macroeconomic variables should be factored when formulating policies on market capitalisation. This study recommended that, since the Kenyan stock market is not really exposed to the negative effects of currency volatility, government can use exchange rate as a policy tool to attract foreign portfolio investment.

scholarly journals PENGARUH TINGKAT SUKU BUNGA, INFLASI, KURS DAN PERTUMBUHAN PRODUK DOMESTIK BRUTO TERHADAP INDEKS HARGA SAHAM GABUNGAN DI BURSA EFEK INDONESIA

2021 ◽  
Vol 5 (2) ◽  
pp. 70
Author(s):  
Tsoraya Utami ◽  
Murtala Murtala ◽  
Hilmi Hilmi
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Interest Rates ◽  
Stock Price ◽  
Time Series Data ◽  
Stock Exchange ◽  
Secondary Data ◽  
Series Data ◽  
Gdp Growth ◽  
Distributed Lag

ABSTRACT This study aims to examine the effect of interest rates, inflation, exchange rates and gross domestic product growth on the Composite Stock Price Index (IHSG) on the IDX during the 2003-2018 period on a quarterly basis. The type of data used is secondary data in the form of time series data obtained from published reports from Bank Indonesia, the Central Bureau of Statistics and the Indonesia Stock Exchange. The data analysis method used is the Autoregressive Distributed Lag (ARDL) Model. The results of this study found that the exchange rate and inflation had a negative and significant effect on the IHSG, while GDP growth had a positive and significant effect on the IHSG. However, the interest rate did not have a significant effect on the IHSG. Keywords:         Interest Rate, Inflation, Exchange Rate, GDP Growth and IHSG

scholarly journals A STUDY ON DYNAMICS OF INDIA'S GROSS DOMESTIC PRODUCT FOR 2014-2019

2020 ◽  
Vol 4 (1) ◽  
pp. 36-49
Author(s):  
Mohammed Aslam Khan
Keyword(s):  
Gross Domestic Product ◽  
Agricultural Sector ◽  
Secondary Data ◽  
Sustainable Growth ◽  
Domestic Product ◽  
Gdp Growth ◽  
Agriculture Industry ◽  
Reserve Bank ◽  
The World ◽  
The Government

Background: The gross domestic product (GDP) is one of the primary indicators used to gauge the health of a country's economy. It reflects the total market value of all finished products and services produced over a specific period within a country. GDP is presented as a comparison to the previous quarter or year and is considered the benchmark for the economy's size. India is emerging as one of the fastest-growing economies in the world and is expected to rank among the top three economic powers of the world over the next 15-20 years, supported by its stable democracy, population growth, and partnerships.Purpose: The purpose of this paper was to study the dynamics of the Indian economy's GDP growth for the period of 2014 to 2019. The present study tried to understand the trend, contribution, and structure of the various sectors such as agriculture, industry, and services in India's GDP growth.Methodology: The research methodology used in this paper was quantitative since this method can be used to analyze nearly infinite numbers of phenomena. The study used secondary data for the period 2014 to 2019. Data was collected from the Economic Survey of India and Reserve bank of India bulletins. Descriptive and inferential data analysis techniques were employed.Findings: The study of GDP growth between 2014-2019 and sectoral level analysis shows interesting facts that India will reach a $5 Trillion GDP mark by 2024-25 at current prices.Unique contribution to theory, practice, and policy: This paper intended to make policy recommendations that can help India's long-term sustainable growth. The study recommended strategies such as increasing public finance in the agricultural sector and strengthening the integrated public transport projects to the government to maintain stable economic growth to achieve a $5 Trillion economy. This paper will increase the economic researcher's awareness and position it in the library of an institution of higher education

Profil Pasien Katarak Senilis Pada Usia 40 Tahun Keatas di RSI Siti Rahmah Tahun 2017

2019 ◽  
Vol 1 (1) ◽  
pp. 15-21
Author(s):  
Rada Puspita ◽  
Haves Ashan ◽  
Fidiariani Sjaaf
Keyword(s):  
High School ◽  
Secondary Data ◽  
Study Data ◽  
Vision Impairment ◽  
High School Education ◽  
Frequency Data ◽  
Private Companies ◽  
The World ◽  
Age Range ◽  
Cataract Patients

Vision impairment is estimated to affect 285 million people in the world, where 16-20% experience blindness, from the number of blindness suffered at the age of 40-50 years. Cataract seninis is all lens opacities that are found in old age that is above 40 years. The purpose of identifying and collecting frequency data Profile of Senilis cataract patients at the age of 40 years and above at RSI Siti Rahmah Padang in 2017. The research method is descriptive type of research, this study data taken is secondary data, In this study data was taken from the Medical Record at RSI Siti Rahmah Padang. When the study was conducted in February-August 2018, the population of this study were all cataract patients at the age of 40 years and above at RSI Siti Rahmah Padang in 2017 with 80 samples. Data analysis is univariate presented in the form of a frequency distribution table. Results From 80 respondents as many as 40 people (50%) were in the age range of 60-69 years, as many as 42 people (52.5%) patients were male, as many as 31 people (38.8%) patients with high school education and 35 people (43.8%) patients work as private companies. Conclusion In general, most patients are at the age of 60-69 years, the most sex is men, the highest education is high school and most patients are private.

PENERAPAN PRINSIP PERSONA NON GRATA TERHADAP DUTA BESAR DITINJAU DARI PERSPEKTIF HUKUM INTERNASIONAL (STUDI KASUS PENGANIAYAAN TKI OLEH DUTA BESAR ARAB SAUDI DI JERMAN)

2019 ◽  
Vol 1 (1) ◽  
pp. 60-71
Author(s):  
Devi Yusvitasari
Keyword(s):  
International Relations ◽  
International Law ◽  
Recipient Country ◽  
Secondary Data ◽  
Vienna Convention ◽  
Diplomatic Relations ◽  
National Interests ◽  
The World ◽  
Diplomatic Immunity ◽  
The Right

A country needs to make contact with each other based on the national interests of each country related to each other, including among others economic, social, cultural, legal, political, and so on. With constant and continuous association between the nations of the world, it is one of the conditions for the existence of the international community. One form of cooperation between countries in the world is in the form of international relations by placing diplomatic representation in various countries. These representatives have diplomatic immunity and diplomatic immunity privileges that are in accordance with the jurisdiction of the recipient country and civil and criminal immunity for witnesses. The writing of the article entitled "The Application of the Principle of Non-Grata Persona to the Ambassador Judging from the Perspective of International Law" describes how the law on the abuse of diplomatic immunity, how a country's actions against abuse of diplomatic immunity and how to analyze a case of abuse of diplomatic immunity. To answer the problem used normative juridical methods through the use of secondary data, such as books, laws, and research results related to this research topic. Based on the results of the study explained that cases of violations of diplomatic relations related to the personal immunity of diplomatic officials such as cases such as cases of persecution by the Ambassador of Saudi Arabia to Indonesian Workers in Germany are of serious concern. The existence of diplomatic immunity is considered as protection so that perpetrators are not punished. Actions against the abuse of recipient countries of diplomatic immunity may expel or non-grata persona to diplomatic officials, which is stipulated in the Vienna Convention in 1961, because of the right of immunity attached to each diplomatic representative.

DETERMINAN INFLASI DI INDONESIA PERIODE 1980-2015

2016 ◽  
Vol 21 (1) ◽  
pp. 1-7
Author(s):  
Risna Risna
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Money Supply ◽  
Government Spending ◽  
Positive Impact ◽  
Secondary Data ◽  
Quantitative Approach ◽  
State Spending ◽  
Factors Affecting ◽  
The Interest Rate

This study aims to determine the effect of government spending, the money supply, the interest rate of Bank Indonesia against inflation.This study uses secondary data. Secondary data were obtained directly from the Central Bureau of Statistics and Bank Indonesia. It can be said that there are factors affecting inflationas government spending, money supply, and interest rates BI. The reseach uses a quantitative approach to methods of e-views in the data. The results of analysis of three variables show that state spending significantand positive impact on inflationin Indonesia, the money supply significantand negative to inflationin Indonesia, BI rate a significantand positive impact on inflation in Indonesia

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