scholarly journals Statistical Analysis of Nigeria’s Price Sector: An Econometric Approach

2021 ◽  
pp. 29-40
Author(s):  
D. M. O. Omebo ◽  
T. D. Ailobhio ◽  
G. I. Fanen
Keyword(s):  
Predictive Performance ◽  
Least Square Method ◽  
Least Square ◽  
Explanatory Variables ◽  
Ordinary Least Square ◽  
First Order ◽  
Overall Performance ◽  
Econometric Approach ◽  
Good Predictive Performance ◽  
High Measure

This study analyzed Nigeria’s price sector using a formulated model for the price sector of the Nigeria economy. A set of simultaneous equations were used to reflect the implicit gross domestic product deflators for each of the sectors of the Nigeria economy and was found to be over identified under the order condition for identification. The model was estimated by ordinary least square method and two stage least square methods. All the variables have expected signs and as indicated by the F –statistic, the overall performance of the entire regression is significant.  The high measure of R2 and Ṝ2, in each case indicates that the explanatory variables included in the equation jointly account for the entire variation. The small RMSE also indicates that the equations have good fit. Durbin –Watson statistics shows that there is no positive first order autocorrelation. The small value of the Theil’s inequality indicates that the equation has good predictive performance. The researcher therefore recommends that government should employ the model so as to be able to monitor price of each of the sectors of the economy and put proper mechanism in place to control those sectors that affect the overall price sector of the economy.

REGULARIZATION METHODS FOR ESTIMATING A MULTI-FACTOR CORPORATE BOND PRICING MODEL: AN APPLICATION FOR BRAZIL

2021 ◽  
pp. 2150005
Author(s):  
PAULO ROBERTO GUIMARÃES ◽  
OSVALDO CANDIDO ◽  
ANDRÉ RONZANI
Keyword(s):  
Mean Squared Error ◽  
Predictive Performance ◽  
Least Square ◽  
Corporate Bond ◽  
Ridge Estimator ◽  
Explanatory Variables ◽  
Ordinary Least Square ◽  
Optimal Value ◽  
Selection Operator ◽  
Public Offering

The present work focused on studying which factors affect Brazilian inflation-linked corporate bond prices in a primary market setting. The explanatory variables tested were rating, maturity, duration, issuer governance level, industrial classification, collateral, tax exemption, public offering modality, financial volume, coupon frequency, number of issues, number of days since going public, and the Brazilian basic interest rate target. In order to choose the set of variables with best predictive performance, best subsets ordinary least square (OLS) and least absolute shrinkage and selection operator (LASSO) were applied on a testing sample. For estimating purposes, we also tested the Ridge estimator. For both LASSO and Ridge, we used the k-fold approach to choose the optimal value for the lambda penalty. In terms of smallest mean squared error, the OLS estimator outperformed both the Ridge and the LASSO. This result suggests that the variance-bias trade-off might not be a concern for the Brazilian case.

PENGARUH KNOWLEDGE MANAGEMENT, KOMPETENSI, MOTIVASI TERHADAP KINERJA KARYAWAN

2015 ◽  
Vol 5 (2) ◽  
pp. 1
Author(s):  
Miftahol Arifin
Keyword(s):  
Knowledge Management ◽  
Linear Regression ◽  
Significant Influence ◽  
Employee Performance ◽  
Least Square Method ◽  
Least Square ◽  
Analysis Tool ◽  
Ordinary Least Square ◽  
Competence Motivation ◽  
Performance Analyze

The purpose of this research is to analyze the influence of knowledge management on employee performance, analyze the effect of competence on employee performance, analyze the influence of motivation on employee performance). In this study, samples taken are structural employees PT.centris Kingdom Taxi Yogyakarta. The analysis tool in this study using multiple linear regression with Ordinary Least Square method (OLS). The conclusion of this study showed that the variables of knowledge management has a significant influence on employee performance, competence variables have an influence on employee performance, motivation variables have an influence on employee performance, The analysis showed that the variables of knowledge management, competence, motivation on employee performance.Keywords: knowledge management, competence, motivation, employee performance.

scholarly journals Estimating a global demand model for soybean traffic through the Panama Canal

2021 ◽  
Vol 6 (1) ◽  
Author(s):  
Javier Ho ◽  
Paul Bernal
Keyword(s):  
Pacific Northwest ◽  
Least Square ◽  
Panama Canal ◽  
Demand Model ◽  
Department Of Agriculture ◽  
Explanatory Variables ◽  
Ordinary Least Square ◽  
Global Demand ◽  
Alternative Routes ◽  
The U.S

AbstractThis study attempts to fit a global demand model for soybean traffic through the Panama Canal using Ordinary Least Square. Most of the soybean cargo through the interoceanic waterway is loaded on the U.S. Gulf and East Coast ports -mainly destined to East Asia, especially China-, and represented about 34% of total Panama Canal grain traffic between fiscal years 2010–19. To estimate the global demand model for soybean traffic, we are considering explanatory variables such as effective toll rates through the Panama Canal, U.S. Gulf- Asia and U.S. Pacific Northwest- Asia freight rates, Baltic Dry Index, bunker costs, soybean export inspections from the U.S. Gulf and Pacific Northwest, U.S. Gulf soybean basis levels, Brazil’s soybean exports and average U.S. dollar index. As part of the research, we are pursuing the estimation of the toll rate elasticity of vessels transporting soybeans via the Panama Canal. Data come mostly from several U.S. Department of Agriculture sources, Brazil’s Secretariat of Foreign Trade (SECEX) and from Panama Canal transit information. Finally, after estimation of the global demand model for soybean traffic, we will discuss the implications for future soybean traffic through the waterway, evaluating alternative routes and sources for this trade.

Islamic calendar and stock market behaviour in India

2018 ◽  
Vol 45 (11) ◽  
pp. 1550-1566
Author(s):  
Dharani Munusamy
Keyword(s):  
Stock Market ◽  
Least Square Method ◽  
Least Square ◽  
Stock Market Returns ◽  
Content Type ◽  
Ordinary Least Square ◽  
Average Return ◽  
Year Effect ◽  
The Common ◽  
The Impact

Purpose The purpose of this paper is to examine the behavior of the stock market returns in the different days of the week and different months of the year in accordance with the Islamic calendar. Further, the study estimates the risk-adjusted returns to test the performance of the indices during the Ramadan and non-Ramadan days. Finally, the study investigates the impact of Ramadan on the returns and the volatility of the stock market indices in India. Design/methodology/approach Initially, the study applies the Ordinary Least Square method to test the day-of-the-week and the month-of-the-year effect of the common and Shariah indices. Next, the study employs the risk-adjusted measurement to examine the underperformance and over-performance of the indices for both the periods. Finally, the study estimates the GARCH (1,1) and GJR-GARCH (1,1) models to observe the impact of Ramadan on the returns and the volatility of the Shariah indices in India. Findings The study finds that an average return of the indices during the Ramadan days are higher than non-Ramadan days. Further, the average returns of the Shariah indices are significantly higher on Wednesday than other days of the week. In addition, the highest and significant mean returns and mean risk-adjusted returns of the indices during the Ramadan days are observed. Finally, the study finds an evidence of the Ramadan effect on the returns and volatility of the indices in India. Originality/value The study observes evidence that the Ramadan effect influences the Shariah indices, but not the common indices in the stock market of the non-Muslim countries. It indicates that the Ramadan creates the positive mood and emotions in the investors buying and selling activities. The study suggests that investors can buy the shares before Ramadan period and sell them during the Ramadan days to get an abnormal return in the emerging markets.

scholarly journals Agriculture, Manufacturing and Economic Growth in Nigeria

2021 ◽  
Vol 04 (03) ◽  
Author(s):  
Atayi Abraham Vincent ◽  
Keyword(s):  
Government Spending ◽  
Agricultural Sector ◽  
Manufacturing Sector ◽  
Research Work ◽  
Least Square Method ◽  
Least Square ◽  
Ordinary Least Square ◽  
Positive Effects ◽  
The Government ◽  
Positive Effect

This research work address the positive effect of Agriculture on the manufacturing sector in Nigeria. The study made used of Ordinary Least Square Method estimation techniques. The findings showed that Agricultural output, government spending on agriculture, and real gross domestic product all have positive effects on the manufacturing sector. The effects is RGDP 66percent, AGRQ by 63%, and GOEXA by 96 percent. The study recommends among other things that government should allocate more resources to the Nigerian agricultural sector and ensure that the funds are judiciously use and that the government should also seek to strengthen its incentives for the manufacturing sector in order to promote increased industrial production and growth.

scholarly journals HUBUNGAN ANTARA ORIENTASI STRATEGIS DAN KEMAMPUAN INOVASI BERBASIS LAYANAN STUDI PADA UMKM KREATIF DI INDONESIA

2017 ◽  
Vol 19 (2) ◽  
pp. 249
Author(s):  
Dwitya Aribawa
Keyword(s):  
Intellectual Capital ◽  
Customer Orientation ◽  
Service Innovation ◽  
Least Square Method ◽  
Business Environment ◽  
Least Square ◽  
Three Dimensions ◽  
Innovation Capability ◽  
Ordinary Least Square ◽  
Competitor Orientation

Industri kreatif menjadi competitive advantage tersendiri bagi Indonesia yang memiliki potensi berlimpah pada intellectual capital yang tersebar di seluruh pulau untuk memunculkan model bisnis yang inovatif dan membuka lapangan kerja baru. Sasaran dari penelitian ini adalah untuk mengidentifikasi dan menganalisis hubunga antara orientasi strategis (dimana pada penelitian ini terdiri dari orientasi pelanggan, orientasi pesaing dan orientasi biaya) dengan kemampuan inovasi berbasis layanan. Unit penelitian ini adalah usaha mikro, kecil dan menengah (UMKM) yang beroperasi pada salah satu dari sub-sektor industri kreatif dan terletak di Bandung, Denpsar, Jakarta atau Yogyakarta. Dengan analisis kuantitatif, penelitian ini melihat hubungan antara variabel independen dan dependen melalui tes hipotesis menggunakan metode ordinary least square. Metode pertanyaan terbuka digunakan untuk melihat pola pengembangan bisnis kreatif responden. Hasil dari penelitian ini menemukan bahwa orientasi pelanggan dan orientasi biaya memiliki hubungan positif terhadap kemampuan inovasi berdasarkan jasa. Sedangkan, orientasi pesaing tidak memiliki hubungan yang siginifikan terhadap kemampuan inovasi berbasis layanan. Dari penelitian ini, dapat disimpulkan bahwa pelaku usaha (dalam hal ini UMKM) memiliki fokus pada konsumen dan efisiensi biaya yang pada akhirnya akan membentuk budaya inovasi yang sesuai dengan lingkungan bisnis mereka.Creative industry is becoming competitive advantages to Indonesia. It has huge potency of intellectual capital around islands. Creative business aim to creating innovative business model and open absorb labor force. The objective of this study is to examine and analyze the relationships between strategic orientation (in this research consist of three dimensions; customer orientation, competitor orientation and cost orientation)and service innovation capability. Object of this study was Micro, Small and Medium Enterprises (MSMEs) that operates in one of creative subsector industry and located at in Bandung, Denpasar, Jakarta or Yogyakarta. By using quantitative analysis, this study analyzed the relationship between independent and dependent variables through testing hypotheses using ordinary least square method. Open question method also used to show the pattern of creative business development from owners point of viewt. The result of this study found customer orientation and cost orientation positively related to service innovation capability. While, competitor orientation shows not have significant relationship to service innovation capability. From this research can be conclude that creative business (MSMEs) has focus on deserve customers interest. Besides, at the same time they create efficiency in cost. Mix of both orientations in the end will creating innovation culture that fit to their business environment.

scholarly journals Pengaruh umur, pendidikan, upah, keterampilan, dan jenis kelamin terhadap lama mencari kerja bagi pekerja terdidik di Kota Jambi (studi kasus Kecamatan Kota Baru dan Telanaipura)

2020 ◽  
Vol 9 (1) ◽  
pp. 1-12
Author(s):  
Cici Swarsih ◽  
Junaidi Junaidi ◽  
Rosmeli Rosmeli
Keyword(s):  
Sampling Method ◽  
Least Square Method ◽  
Total Sample ◽  
Least Square ◽  
Primary Data ◽  
Wage Level ◽  
Ordinary Least Square ◽  
Independent Variables ◽  
And Gender ◽  
Multistage Sampling

This study aims to analyze the characteristics of educated workforce and to determine the effect of variables of age, education, wage level, skills and gender on duration of looking for work by educated worker in Jambi City. The data used in this study are primary data obtained from questionnaires and direct interviews with a total sample of 110 respondents. Sampling in this study uses a multistage sampling method that is sampling in stages. Data analysis methods used are descriptive and quantitative analysis. The analytical tool used is the OLS (Ordinary Least Square) method. The results of this study indicate that the independent variables simultaneously have a significant effect on duration of looking for work. Partially the variables of age, education, wage level have a significant effect on duration of looking for work, while the skills and gender variables have no significant effect on the duration of looking for work.

scholarly journals The Factors Affecting Land Prices In Housing Location In Sidoarjo Regency

2017 ◽  
Vol 1 (1) ◽  
pp. 37-47
Author(s):  
Partomi Simangunsong ◽  
Arasy Alimudin ◽  
Muh. Barid Nizaruddin Wajdi
Keyword(s):  
Residential Location ◽  
Least Square ◽  
City Center ◽  
Sale Price ◽  
Factors Affecting ◽  
Explanatory Variables ◽  
Ordinary Least Square ◽  
Road Width ◽  
Log Linear ◽  
Road Distance

The need for residential location is one of the basic needs of the community and the attractiveness of the residential location is a unique feature where this feature is not made by the respective occupants, but by external factors from the residential environment in the area. This study aims to analyze the factors that are considered as the basis that affect the price of land. This research uses quantitative approach with associative research method. Linear analysis with quadratic method. Ordinary Least Square (OLS). From the analysis of this research model obtained log-linear F-accounting 70,162 while the value of F-table (0,05; 5,48) is 2,45. because F-count> F-table, Ho means rejected and explanatory variables include Distance to city center, Distance to main road, Distance to toll gate, Road width, and security simultaneously can be explained significantly at land sale price.

scholarly journals Analysis of Labor Absorption (Study in Kerupuk Sanjai Small and Medium Enterprises in Kabupaten Lima Puluh Kota)

2019 ◽  
Vol 2 (2) ◽  
pp. 68-75
Author(s):  
Nelvia Iryani ◽  
Syaiful Anwar
Keyword(s):  
Small And Medium Enterprises ◽  
Linear Regression Analysis ◽  
Field Research ◽  
Least Square Method ◽  
Multiple Linear Regression Analysis ◽  
Least Square ◽  
Economic Activities ◽  
Ordinary Least Square ◽  
Production Value ◽  
Medium Enterprises

Labor is a very important asset in economic activities, but often the number of workers exceeds the available employment capacity, so it is very necessary to analyze the factors that affect employment. This study aims to estimate the relationship between wage, capital, production value to the amount of employment in Kerupuk Sanjai Small and Medium Enterprises (SMEs) in Kabupaten Limapuluh Kota This type of research is field research and use questioner to 100 respondens . The analytical tool used is multiple linear regression analysis with OLS (Ordinary Least Square) method and data processing using SPSS VR.21 software. The results of the study show that  all independent variabels has a  significant effect on labor absorption in Kerupuk Sanjai SMEs in Kabupaten Limapuluh Kota. capital is the variable that has the most influence in the absorption of labor in the Kerupuk Sanjai Small and Medium Enterprises (SMEs) in Kabupaten Limapuluh Kota.

scholarly journals Determinants of Household Debt in Malaysia from the year 2010 to 2017

2019 ◽  
Vol 5 (2) ◽  
pp. 91
Author(s):  
Zahariah Mohd Zain ◽  
Nurul Ainun Ahmad Atory Ahmad Atory ◽  
Sarah Amirah Hanafi
Keyword(s):  
Positive Relationship ◽  
Negative Relationship ◽  
Housing Price ◽  
Least Square ◽  
Household Debt ◽  
Macroeconomic Variables ◽  
Explanatory Variables ◽  
Ordinary Least Square ◽  
Independent Variables ◽  
Lending Rate

Household debt has become an issue in the Malaysian economy as it affects the country socially and economically.This study aims to examine the determinants of household debt from the year 2010 until 2017. This study employs the Ordinary Least Square (OLS) method and the macroeconomic variables used in this study are Gross Domestic Product (GDP), base lending rate, unemployment and housing price as independent variables. The results indicate that the trend of household debt in Malaysia has shown a continuous rise from the year 2010 to 2017. GDP, base lending rate and housing price indicate a positive relationship towards household debt while unemployment shows a negative relationship to household debt in Malaysia. All explanatory variables have shown a significant relationship except for GDP. Housing price has been found to be the most significant factor and positively related to household debt. The findings indicate that the higher the price of houses, the higher the household debt will be.

Sign in / Sign up

Export Citation Format

Share Document