scholarly journals Government Size and Corruption: A Non-linear Analysis in the Case of EMCCA

2021 ◽  
Vol 12 (4) ◽  
pp. 17
Author(s):  
Assoumou Ondo ◽  
Beau Jency Owono Ondo
Keyword(s):  
Linear Relationship ◽  
Central Government ◽  
Central Africa ◽  
Linear Analysis ◽  
Government Size ◽  
Economic Community ◽  
Non Linear ◽  
The Government ◽  
The Impact ◽  
The Relationship

This article analyzes the relationship between Government size and corruption. Unlike the works in the way which suppose a linear relationship between the two variables, we estimate a panel with change of the modes to characterize the impact of the size of the Central Government on corruption, in the countries of the economic community and monetary of Central Africa (EMCCA). The results show that there is a non-linear relationship between these two variables. Indeed, a strong involvement of the Government in economic activity results in a significant increase in corruption when the Government exceeds a size of 13.5508% of the GDP.

scholarly journals Corruption, Size of Government, and Economic Growth

2015 ◽  
pp. 155-175
Author(s):  
Qaiser Munir
Keyword(s):  
Economic Growth ◽  
Linear Relationship ◽  
Government Size ◽  
Size Of Government ◽  
Economic Progress ◽  
Threshold Autoregression ◽  
Long Run ◽  
Non Linear ◽  
The Government ◽  
Relationship Of

A big size government fosters corruption, which can lead to inefficiencies and resource costs that impede economic progress. In this chapter, it is argued that much of the previous studies have focused only on detecting the linear effects of corruption on growth. This study, therefore adopts the Threshold Autoregression (TAR) approach by using an annual panel data of 100 countries during 1990-2012 to evaluate any existence of a non-linear relationship. This study presents evidence that suggests the existence of a hump shaped (nonlinear) relationship between corruption and long-run economic growth. When the government size is small (11.518%), corruption positively affects economic growth. Whereas, when the government final consumption expenditure (% of GDP) is larger than 19.027%, corruption negatively affects economic growth. Furthermore, the result indicates that a non-linear relationship of the ‘Armey curve' exists in our panel of countries. Thus, a government should investigate whether government size is over-expanding or not when designing its public finance policy.

scholarly journals The Impact of the Buy Zimbabwe Campaign on Performance of Zimbabwean Companies in the Retail Sector

2017 ◽  
Vol 8 (6(J)) ◽  
pp. 227-236
Author(s):  
Ndlovu N. ◽  
Mafumbate J. ◽  
Mafuka A. ◽  
Brena M
Keyword(s):  
Linear Relationship ◽  
Performance Comparison ◽  
Influential Factors ◽  
Retail Sector ◽  
Company Performance ◽  
Factors Affecting ◽  
Descriptive Research ◽  
The Government ◽  
The Impact ◽  
The Relationship

Abstract: The majority of the Zimbabwean retail companies were in the collapsing mode over the past ten years. This miserable predicament necessitated the government to craft locally-driven remedies, and one of them was the Buy Zimbabwe campaign. This prompted the researcher to assess the impact of the “Buy Zimbabwe” campaign on the performance of the Zimbabwean firms. The study objectives were to establish the impact of “buy Zimbabwe” campaign on demand for local products and factors affecting demand for local products. Furthermore to establish if a company participating in the “buy Zimbabwe” campaign performs better than non-participating firms, earnings per Share was used in the inter-firm performance comparison. The descriptive research design was employed, although the research was both quantitative and qualitative in nature. The classical linear multiple regression analysis was used to establish and explain the relationship between company performances. The results indicated a positive linear relationship between “buy Zimbabwe” campaign and company performance in case of those that adopted Buy Zimbabwe, whereas in case of those that did not adopt Buy Zimbabwe there was a negative linear relationship. The results also discloses that quality and affordability of the product are the most influential factors affect demand for local products and buy Zimbabwe campaign was regarded as the least factor to be considered by consumers. Results from this study point towards the need to put in place supportive policies for the “buy Zimbabwe” campaign to be effective. Keywords: Buy Zimbabwe, retail sector, local products, competitiveness, customer loyalty

scholarly journals Exploring non-linear relationship between foreign ownership and firm performance

2021 ◽  
Vol 18 (3, special issue) ◽  
pp. 257-274
Author(s):  
Neeraj Gupta ◽  
Tarun Agarwal ◽  
Bhagwan Jagwani
Keyword(s):  
Firm Performance ◽  
Linear Relationship ◽  
Foreign Ownership ◽  
Individual Investors ◽  
Non Linear ◽  
Effect Estimation ◽  
Institutional Shareholders ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship

This study aims to examine the impact of foreign ownership on the performance of Indian firms. Additionally, it also analyses the non-linear relationship of foreign ownership with firm performance. A panel data approach has been used in this study. Specifically, the fixed effect estimation technique is used to examine the relationship between foreign ownership and firm performance during the period 2009–2010 to 2018–2019. The foreign institutional shareholders and the foreign corporate bodies hold more shareholding than the foreign individual investors. The authors find that foreign institutional investors and foreign corporate bodies bear a positive relationship with the performance of Indian firms. Additionally, foreign ownership shows a non-linear relationship with firm performance. The results are robust across the various proxies of firm performance, and sub-samples based on foreign ownership

scholarly journals Impact of the level of bank liquidity on the relationship between concentration and bank efficiency: the case of the WAEMU

2021 ◽  
Vol 3 (6) ◽  
pp. 1110-1125
Author(s):  
Abdoulaye Ndiaye
Keyword(s):  
Cost Efficiency ◽  
Banking Sector ◽  
Linear Analysis ◽  
Bank Efficiency ◽  
Non Linear ◽  
Excess Liquidity ◽  
The Impact ◽  
The Relationship ◽  
Bank Concentration ◽  
Empirical Methodology

In this article, we investigate the impact of bank liquidity level on the relationship between bank concentration and efficiency using a panel dataset of 60 banks across 7 WAEMU countries over the period 2005-2016. Our empirical methodology is based on the 2SLS IV estimator and non-linear analysis. Our results show that the concentration of the banking sector and the bank liquidity are negatively correlated with cost efficiency in the WAEMU. This is consistent with the Quiet Life Hypothesis which established that concentrated market incites suboptimal behaviors damaging to the banking profitability. However, the effects of concentration on cost efficiency are reduced for banks with lower levels of excess liquidity. This result shows that the holding of excess liquidity reinforces the effects of the Quiet Life Hypothesis.

scholarly journals Non-linear relationship between foreign currency derivatives and firm value: evidence on Sharīʿah compliant firms

2021 ◽  
Vol 28 (2) ◽  
pp. 156-173
Author(s):  
Zaminor Zamzamir@Zamzamin ◽  
Razali Haron ◽  
Zatul Karamah Ahmad Baharul Ulum ◽  
Anwar Hasan Abdullah Othman
Keyword(s):  
Risk Management ◽  
Linear Relationship ◽  
Firm Value ◽  
Dynamic Panel Data ◽  
Content Type ◽  
Quality Reporting ◽  
Linear Framework ◽  
Non Linear ◽  
The Impact ◽  
The Relationship

PurposeThis study examines the impact of hedging on firm value of Sharīʿah compliant firms (SCFs) in a non-linear framework.Design/methodology/approachThis study employs the system-GMM for dynamic panel data to examine the influence of derivatives usage on firm value (Tobin's Q, ROA and ROE). The sample comprised of 59 non-financial SCFs engaged in derivatives from 2000 to 2017 (18 years). The Sasabuchi-Lind-Mehlum (SLM) test for U-shaped is performed to confirm the existence of the non-linear relationship.FindingsThis study concludes that hedging significantly contributes to firm value of SCFs based on the non-linear framework. This study suggests that, first, the non-linear relationship occurs due to the different degree of derivatives usage and risk. Second, firms practice selective hedging to maintain the upside potential of firm value.Research limitations/implicationsThis study has important implications. First, the importance of risk management via derivatives to increase firm value, second, the evidence of selective hedging from the non-linear relationship between derivatives and firm value and third, the need for quality reporting on derivatives engagement by firms in line with the required accounting standard on derivatives.Originality/valueThis study fills the gap in the literature in relation to the risk management strategies of SCFs in three aspects. First, re-examines the relationship using recent data. Second, examines the relationship in the non-linear framework as the limited studies found in the literature on Malaysian firms are only based on linear relationship. Third, determines whether hedging undertaken by firms is optimal as this can only be addressed using the non-linear framework. This study is robust to the various definitions of firm value (Tobin's Q, ROA and ROE) and non-linear methodologies.

scholarly journals The Impact of Noninterest Income on the Profitability of Commercial Banks in VietNam: Evidence of Non-Linear Relationship

2020 ◽  
Vol 13 (1) ◽  
pp. 100
Author(s):  
Khanh Ngoc Nguyen
Keyword(s):  
Linear Relationship ◽  
Commercial Banks ◽  
Generalized Method Of Moments ◽  
Maximum Level ◽  
Non Linear ◽  
Income Ratio ◽  
Diversification Benefit ◽  
Threshold Regression Model ◽  
The Impact ◽  
The Relationship

This paper uses the Generalized Method Of Moments (GMM) to analyze the impact of noninterest income on the profitability of 28 Vietnamese commercial banks in the period from 2010 to 2018. At the same time, the Threshold Regression Model is applied on a panel data to evaluate whether or not there is a non-linear relationship between the noninterest income ratio and bank’s profitability. The results have shown that the optimal diversification benefit can be attained by reaching a certain level of non-interest income proportion. The findings of the study are: (1) The existence of two thresholds shows that there is non-linear relationship, confirming the non-linear relationship between the noninterest income ratio (NII) and profitability (ROA); (2) The noninterest income ratio impacts negatively on profitability (ROA) when NII (≤44.16% and ≥ 46.62%), when the noninterest income ratio is between 44.16% and 46.12% the relationship is positive. The noninterest income ratio ranging from 44.16% to 46.62% is called optimal when this ratio is in a positive correlation with profitability, which means that Vietnamese commercial banks can try to increase their profits by increasing NII and maintaining that level to get exploiting their maximum level of diversification from noncredit income.

Revisiting the role of inflation in financial development: unveiling non-linear and moderating effects

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Kizito Uyi Ehigiamusoe ◽  
Suresh Narayanan ◽  
Wai-Ching Poon
Keyword(s):  
Linear Relationship ◽  
Financial Development ◽  
Inflation Rate ◽  
Content Type ◽  
Non Linear ◽  
The Impact ◽  
The Relationship ◽  
Moderating Role ◽  
Country Specific

PurposeThis paper aims to examine the non-linear impact of inflation on financial development, and the moderating role of GDP in the relationship between inflation and financial development in a panel of 125 countries.Design/methodology/approachIt employs the dynamic common correlated effects (CCE) that can control for heterogeneity and cross-sectional dependence. This technique enables us to conduct both panel and country-specific analyses.FindingsThough there is no significant evidence that inflation has a non-linear impact on financial development in the panel, the country-specific estimations reveal that inflation has a non-linear impact on financial development in 66 countries. The results also show that GDP mitigates the detrimental effect of inflation on financial development in 45 countries. An insight into the non-linear relationship between inflation and financial development is crucial for policy decision-making. Besides, knowledge of the moderating role of GDP in the relationship between financial development and inflation is fundamental for policy formulations.Originality/valueAlthough the extant literature has shown that the inflation rate plays a negative role in financial development, the literature overlooked the non-linear relationship between the two variables. Besides, the studies have not considered the role of GDP in moderating the impact of the inflation rate on financial development. This study fills these gaps in the existing body of finance literature.

The impact of total sleep deprivation upon supine and head up tilt hemodynamics using non-linear analysis in firefighters

2021 ◽  
Vol 70 ◽  
pp. 102989
Author(s):  
Sławomir Kujawski ◽  
Katarzyna Buszko ◽  
Agnieszka Cudnoch-Jędrzejewska ◽  
Joanna Słomko ◽  
Djordje G. Jakovljevic ◽  
...  
Keyword(s):  
Sleep Deprivation ◽  
Linear Analysis ◽  
Total Sleep Deprivation ◽  
Non Linear ◽  
Head Up Tilt ◽  
The Impact

Critical criteria for enhancing consumption intention in restaurants during COVID-19

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sheng-Fang Chou ◽  
Chih-Hsing Sam Liu ◽  
Jun-You Lin
Keyword(s):  
Structural Equation ◽  
Consumer Behaviour ◽  
Mediating Effect ◽  
Sufficient Information ◽  
Content Type ◽  
Consumption Intentions ◽  
The Government ◽  
Media Channels ◽  
The Impact ◽  
The Relationship

PurposeThe purpose of this study is to illustrate the different systems controlling coronavirus disease 2019 (COVID-19) and curbing the impact of the virus on the hospitality economy. The author’s clarified the critical attributes of the government, organization management system and consumer behaviour using mediation-moderation models and demonstrated how those critical attributes influenced customer consumption intention during COVID-19 in Taiwan.Design/methodology/approachDue to the impact of the COVID-19 pandemic, this research is mainly distributed through online questionnaires through Facebook and other social media channels to recruit volunteers. Second, the pre-test survey used 100 questionnaires collected from juniors and seniors from a university in northern Taiwan to make predictions. Third, this study also conducted a questionnaire validity analysis, which identified 9 criteria and 34 items. Fourth, the questionnaire collected samples for a total of three months. Structural equation modelling was used to test the hypotheses in a sample of 1,098 consumers in Taiwan.FindingsThis study considers government, enterprise and consumer levels and conducts relevant factor analysis from consumers’ perspectives to understand the changes in consumer behaviour under COVID-19 influence. Regarding mediation, this study finds that information and communication mediate the relationships between crisis management and COVID-19 impact. Regarding moderation, this study exposes the critical moderating part of human resources, that hygiene and safety strengthen the relationships between COVID-19 impact and attitude towards life and that perceived anxiety strengthens the relationship between attitude towards life and consumption intention.Practical implicationsDuring COVID-19, restaurants should cooperate with the government to reduce the risk of community infection. Therefore, the government also needs to cooperate with restaurant companies to enhance the industrial economy, actively communicate with consumers and provide correct and sufficient information. At the same time, restaurant enterprises also need to have sufficient human resource arrangements, hygiene and safety planning to eliminate consumers’ doubts.Originality/valueThese findings indicate that consumers’ consumption intention to eat out is affected by the COVID-19 impact and attitude towards life. This research also confirms that perceived anxiety has a mediating effect on the relationship between consumer attitudes towards life and consumption intentions. To improve the restaurant economic process, they should consider solutions to reduce consumers’ perception of the COVID-19 impact and fear of eating out.

scholarly journals The Use of ICT For Poverty Alleviation In Gubugklakah Village, Malang Regency

2020 ◽  
Vol 12 (1) ◽  
pp. 77
Author(s):  
Rachmad Gustomy ◽  
Ratnaningsih Damayanti ◽  
Rizqi Bachtiar
Keyword(s):  
World Wide Web ◽  
Poverty Alleviation ◽  
World Wide ◽  
Central Government ◽  
Information And Communications Technology ◽  
The Internet ◽  
Effective Work ◽  
The Government ◽  
The Impact ◽  
The Village

Information and Communications Technology (ICT) has become one of the influential instruments for poverty alleviation. The argument is based on the fact that currently technology has played an important role in relation to the lives of many people. There are several projects conducted by the government in Indonesia utilising ICT to reduce poverty rate, such as establishing telecenter in some remote areas. This paper aims to identify the extent and the impact of the ICT convergence process that is carried out as an effort to improve the welfare of the community, specifically at Gubugklakah village, Malang Regency. The village is chosen as the locus of the research because the area, which is relatively far from the city center, received telecentre procurement assistance by the central government. By using descriptive qualitative methods, this study finds that ICT has not been converged to the maximum and the impact is less than optimal. Internet connection is only limited to middle and upper economic groups. The use of the world-wide-web at the village has also experienced ups and downs. For example, there is an improvement in the utilisation of techonolgy in education, tourism and government sectors which impact on a more effective work culture. People also usually surf the internet to search and watch educational, entertainment or trading content. However, the connection has a slow network connection which is problematic when many people use it. Furthermore, there is a need for educating people as well as incremental approach so that the internet can be in line with local culture.Teknologi Informasi dan Komunikasi (TIK) telah menjadi salah satu instrumen yang berpengaruh dalam pengentasan kemiskinan. Argumen tersebut didasarkan pada kenyataan bahwa saat ini teknologi telah memainkan peran penting dalam kaitannya dengan kehidupan banyak orang. Ada beberapa proyek yang dilakukan pemerintah di Indonesia yang memanfaatkan TIK untuk mengurangi angka kemiskinan, seperti membangun telecenter di beberapa daerah terpencil. Tulisan ini bertujuan untuk mengetahui sejauh mana dan dampak dari proses konvergensi TIK yang dilakukan sebagai upaya peningkatan kesejahteraan masyarakat khususnya di Desa Gubugklakah Kabupaten Malang. Desa ini dipilih sebagai lokus penelitian karena wilayah yang relatif jauh dari pusat kota mendapat bantuan pengadaan telecentre oleh pemerintah pusat. Dengan menggunakan metode deskriptif kualitatif, penelitian ini menemukan bahwa TIK belum terkonvergensi secara maksimal dan dampaknya kurang optimal. Koneksi internet hanya terbatas pada kelompok ekonomi menengah ke atas. Penggunaan world wide web di desa juga mengalami pasang surut. Misalnya, peningkatan pemanfaatan teknologi di bidang pendidikan, pariwisata dan pemerintahan yang berdampak pada budaya kerja yang lebih efektif. Orang juga biasanya menjelajahi internet untuk mencari dan menonton konten pendidikan, hiburan, atau perdagangan. Namun, koneksi tersebut memiliki koneksi jaringan yang lambat yang menjadi masalah ketika banyak orang yang menggunakannya. Selain itu, perlu adanya edukasi kepada masyarakat serta pendekatan incremental agar internet dapat sejalan dengan budaya lokal.

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