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Role of Telecommunication Sector Towards Government Revenue Generation in Nepal (A Case Study of Nepal Telecom Limited)
Issue:
Volume 8, Issue 5, October 2019
Pages:
245-256
Received:
14 June 2019
Accepted:
18 July 2019
Published:
31 July 2019
Abstract: Worldwide, telecommunication sector has been playing a significant role towards public revenue generation. In Nepal, also it is one of the important sectors, which contributes on government revenue generation through paying direct and indirect taxes. This study aims to highlight the contribution of Nepal Telecom: a government incorporated telecommunication organization of Nepal towards government revenue generation. The study has also recognized areas relating to existing scenario of tax payment system of Nepal Telecom with exploring some possible solutions for improvement. The research design used in this study has been descriptive and analytical. Both qualitative and quantitative methods have been followed to make the research more empirical. The information and data required for this study have been taken from primary and secondary sources. The data from F/Y 2007/08 to F/Y 2016/17 have been taken for analysis of tax revenue. Data processing and tabulations have been done by using Microsoft Excel and SPSS. Descriptive as well as inferential statistical tools have been used for analyzing data and draw conclusions. Advanced statistical tools like co-relation, multiple regression and time series analysis have been done and also verified the results by using test statistics (t-tests and f-tests). The study concluded that Nepal Telecom has been playing significant role towards government revenue generation through its income tax, VAT and TDS contributions.
Abstract: Worldwide, telecommunication sector has been playing a significant role towards public revenue generation. In Nepal, also it is one of the important sectors, which contributes on government revenue generation through paying direct and indirect taxes. This study aims to highlight the contribution of Nepal Telecom: a government incorporated telecommu...
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Determinants of Export Decisions by Manufacturing Firms in Botswana
Kefilwe Sebolao,
Lesego Sekwati,
Malebogo Bakwena
Issue:
Volume 8, Issue 5, October 2019
Pages:
257-262
Received:
11 June 2019
Accepted:
16 July 2019
Published:
5 August 2019
Abstract: The paper examines determinants of export decisions and export intensity by manufacturing firms in Botswana, a developing country in Sub-Saharan Africa. Manufacturing, is one of several sectors through which the government seeks to pursue the all-important diversification of the economy. Botswana’s economy is heavily dependent on a diamond sector that in recent years has been declining, and is expected to decline further as diamond resources dwindle. Manufacturing is one of the sectors expected to play an important role in driving the expansion of the economic base. This paper contributes to the debate on policies to promote the growth of the sector. The paper examines factors likely to influence firms decisions to participate in global markets. Global markets provide a higher potential for firms to grow and make a meaningful impact in the economy. The paper applies Probit and Tobit models to firm level data to identify determinants of the decision to export and analyse export intensity respectively. The results of the Probit model show that firm age, firm size, human capital and access to finance increase rge likelihood of entering the export markets. On export intensity, results from the Tobit model show that firm size, human capital and firm location matter. The results suggest that economic gains can be expected from improving access and quality of education. Access to finance, and sea ports. Sector specific policies are also likely to benefit firms in textile and garments and chemicals.
Abstract: The paper examines determinants of export decisions and export intensity by manufacturing firms in Botswana, a developing country in Sub-Saharan Africa. Manufacturing, is one of several sectors through which the government seeks to pursue the all-important diversification of the economy. Botswana’s economy is heavily dependent on a diamond sector t...
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The Impact of Women Cumulative Empowerment and Educational Gap on the Participation of Arabic Women in the Labor-Force
Issue:
Volume 8, Issue 5, October 2019
Pages:
263-272
Received:
13 June 2019
Accepted:
17 July 2019
Published:
6 August 2019
Abstract: Woman is a key and an important contributor to development, therefore, enhancing her empowerment is a vital driver and a key element for a development process that is sustainable and continuous. Measuring the impact of both of cumulative woman empowerment, and educational empowerment (educational gap) on the participation of women in the labor force is crucial for pinpointing the fragility in woman empowerment efforts in the Arab region. This paper aims at investigating the impact of both women cumulative empowerment and educational gap on the participation of women in the labor force in the Arab countries. The study sample includes Arab countries that are included in the Global Gender Gap reports during the years (2006-2015). Using panel data, several econometrics models were estimated. Evidently, for the whole sample: both of women cumulative empowerment and the percentage of working women in the population have a significant positive impact on women’s participation in the labor force, meanwhile there was a negative impact of the population growth rate, and a both ways impact - positive and negative- of educational gender gap. After dividing Arab countries according to income groups, it is found that, for both high-income and lower middle income countries, there is a positive significant impact for women empowerment on women’s participation in the labor force. However, the results do not support any significant impact for women empowerment on women’s participation in the labor force in the upper middle income countries. It was also found that the proportion of working women out of the population was statistically significant for the three income levels. Also the results do not support any significant impact for both of the educational gap and population growth on women’s participation in the labor force.
Abstract: Woman is a key and an important contributor to development, therefore, enhancing her empowerment is a vital driver and a key element for a development process that is sustainable and continuous. Measuring the impact of both of cumulative woman empowerment, and educational empowerment (educational gap) on the participation of women in the labor forc...
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Do Banking Sector Reforms Drive Economic Growth in Nigeria
Issue:
Volume 8, Issue 5, October 2019
Pages:
273-285
Received:
26 May 2019
Accepted:
10 July 2019
Published:
12 August 2019
Abstract: Banking sector reforms is the deliberate policy measures adopted by the monetary authority to promote the safety, soundness, reliability and stability of the sector, in order to be able to deliver the expected goods by improving the economy. It is against this background the investigates that impact of bank sector reforms on Nigeria’s economics growth for the period which spanned from 1970 to 2014 using ARDL analysis. The period study was disaggregated into pre bank reforms period (1970-1985), reforms period (1986-2014) and pool period (1970-2014). Real Gross domestic product (GDP) was used as a proxy for economic growth regressed on some bank performance variables such as ratio of narrow money to broad money, loan deposit ratio, commercial bank credit to the private sector, cash reserve ratio and interest rate. The study found that the bank reformed has not impacted on the growth of the Nigerian economy. The study recommend that the government should ensure strict regulatory measures through the use of its monetary policies to regulate the banking sector and the Central Bank of Nigeria should continue with its banking sector reforms and encourage substantial credit allocation to the prioritized private sector.
Abstract: Banking sector reforms is the deliberate policy measures adopted by the monetary authority to promote the safety, soundness, reliability and stability of the sector, in order to be able to deliver the expected goods by improving the economy. It is against this background the investigates that impact of bank sector reforms on Nigeria’s economics gro...
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GDP Growth and Indirect Taxation in Bangladesh: Related Issues, Consequences and Expectation
Issue:
Volume 8, Issue 5, October 2019
Pages:
286-296
Received:
10 July 2019
Accepted:
6 August 2019
Published:
20 August 2019
Abstract: This is an empirical study that takes GDP growth and indirect tax in Bangladesh as its cynosure. It examines the relationship between the growth rate of Gross Domestic Product (GDP) and the indirect-tax for the policy issues regarding long-term macroeconomic stability as well as economic development of Bangladesh. This paper focuses on the impact of indirect taxation on GDP and demonstrates the influence that taxation has on the tax paying individual and business firms irrespective of economic scale. To analyze the relationship between GDP and indirect tax, this research incorporated econometric models for time series data of Bangladesh over a period of 43 years. The results show, if the Government in the long run increases the collection of indirect tax revenue by one percent (USD 167.511 million) then the GDP will decrease to a 0.96 percent (USD 2,572 million). The study concludes that the stability of economic growth can be achieved through a reformed tax policy on the basis of the country’s socioeconomic strength and the canons of taxation.
Abstract: This is an empirical study that takes GDP growth and indirect tax in Bangladesh as its cynosure. It examines the relationship between the growth rate of Gross Domestic Product (GDP) and the indirect-tax for the policy issues regarding long-term macroeconomic stability as well as economic development of Bangladesh. This paper focuses on the impact o...
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A Personalized Recommendation Method Based on Collaborative Filtering Algorithm
Liu Hui,
Cui Lixin,
Yao Ting,
Li Rongrong
Issue:
Volume 8, Issue 5, October 2019
Pages:
297-302
Received:
28 June 2019
Accepted:
27 July 2019
Published:
23 August 2019
Abstract: Collaborative filtering algorithm is a widely used recommendation algorithm. However, when applied to e-commerce personalized recommendation, it faces the following issues: firstly, how to consider the user's interest changes over time when getting similarity between the users more precise; secondly, how to use social networks to more accurately getting the nearest neighbor of users; and thirdly, how to consider the behavior of users who have the same interests and different ratings in making the predicted rating score of item more accurately; fourthly, how to use the inherent relation between product categories, such as internal relations, while recommending. In order to solve these problems, this paper improves the traditional collaborative filtering algorithm by integrating timing updates, trust relationship, optimization of predicted rating score and structured ideas. To distinguish users' past interest characteristics and their recent ones, by introducing the idea of timing update, this paper regards the user's shopping experience as a set of time periods, considering the influences of the users' interest at different time on the similarity of the users, and the influence of trust relationship between target user and similar users on the establishment of nearest neighbor set. On this basis, faced with the difference of evaluation criteria of different users on the same recommendation item, this study optimizes scoring method of similar users and gets a pre-scoring-based predicted rating score method for target user to recommend item. Furtherly, considering the relationship between the recommended item and other items, this paper also proposes an idea of relative recommending based on recommended item as a secondary recommendation. At the end of this paper, the proposed method is verified on the review dataset in MovieLens which is provided by the College of computer science and engineering of University of Minnesota. The experimental results show that the proposed method has obvious recommendation accuracy compared with the traditional collaborative filtering algorithm.
Abstract: Collaborative filtering algorithm is a widely used recommendation algorithm. However, when applied to e-commerce personalized recommendation, it faces the following issues: firstly, how to consider the user's interest changes over time when getting similarity between the users more precise; secondly, how to use social networks to more accurately ge...
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Monetary Policy and Economic Growth in Developing Countries: Evaluating the Policy Nexus in Nigeria
Issue:
Volume 8, Issue 5, October 2019
Pages:
303-313
Received:
3 July 2019
Accepted:
7 August 2019
Published:
26 August 2019
Abstract: While there are numerous studies on the relationship between monetary policy and economic growth, evaluating the policy nexus between the two phenomena remain inconclusive. Undeniably, monetary policy is believe to influence the employment level, price stability, growth of aggregate output and equilibrium in the balance of payment- for the case of developing economies. But the magnitude of its influence largely depends on how it is conducted through various channels and the independency of the apex bank to select the appropriate instruments for formulating the monetary policy. In lieu of that, this study examines the relationship between monetary policy and economic growth in Nigeria using time series data covering the period of 1980 to 2017. The study employs the Cointegration test and the Ordinary Least Square (OLS) technique with the view to estimating the model coefficients and showcase the policy nexus between the variables. Result indicates the existence of long-run relationship between monetary policy indicators and economic growth. Further empirical findings show that money supply has positive effect, while both exchange rate and interest rate have negative effect on the real GDP. As such, monetary authorities in Nigeria should adequately managed and monitored the growth level of money supply in order to realise the desired growth level. Given the socio-economic and political conditions in Nigeria, there is growing needs to formulate appropriate monetary measures which might encourage borrowing through sound and productive interest rate as well as stable exchange rate.
Abstract: While there are numerous studies on the relationship between monetary policy and economic growth, evaluating the policy nexus between the two phenomena remain inconclusive. Undeniably, monetary policy is believe to influence the employment level, price stability, growth of aggregate output and equilibrium in the balance of payment- for the case of ...
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Research on the Relation Between Government Treasury Cash Management and Monetary Policy
Ke Gao,
Kehan Li,
Tao Wang
Issue:
Volume 8, Issue 5, October 2019
Pages:
314-319
Received:
4 April 2019
Published:
27 August 2019
Abstract: After more than ten years of endeavors and efforts, the reform of the financial treasury management system has made significant progress, and functions such as budget execution management and monitoring, financial financing and financial management, financial operation information analysis and reflection, macroeconomic regulation and control, and policy implementation have been basically established. With the steady implementation of the central treasury cash management, local treasury cash management has gradually been pushed forward. International experience shows that a sound treasury cash management system must not only achieve centralized control over treasury funds, but also be able to work closely with monetary policy to effectively invest and finance treasury cash. In this paper, the empirical analysis is carried out by using the econometric model. The results show that the positive impact of the treasury cash management operation has a negative impact on the money supply M1and M2, and the reaction trajectory presents a positive U-shape, which is analyzed from the specific response. The treasury cash management operation has less impact on M1, while the impact on M2 has a volatility characteristic.
Abstract: After more than ten years of endeavors and efforts, the reform of the financial treasury management system has made significant progress, and functions such as budget execution management and monitoring, financial financing and financial management, financial operation information analysis and reflection, macroeconomic regulation and control, and p...
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The Effect of Packaging Size on Purchase Intention: The Case of Tunisian Olive Oil in the USA Market
Imene Trabelsi Trigui,
Mohamed Abdelmoula
Issue:
Volume 8, Issue 5, October 2019
Pages:
320-324
Received:
17 July 2019
Accepted:
19 August 2019
Published:
29 August 2019
Abstract: In response to today’s needs and changes in the international market in which many products travel all around the world, this study investigates the impact of packaging size upon perceived value for money and purchase intentions. Although existing literature has provided ample evidence that packaging size is able to influence consumers’ behaviour and decision-making, still scarce research has explored what the size should be to succeed in exporting to new markets and attract more consumers, so it can possibly enhance perceptions value for money and lead to higher purchase intentions. This research examines how packaging size can influence purchase intention when this relation is mediated by value for money and identifies the optimal packaging size for olive oil bottles in the USA market. Experimentation was the selected methodology for our study and two online surveys were conducted for data collection. Our findings reveal that consumers prefer small packaging of olive oil bottles. This research provides important implications for managers who will improve their sales by taking into account the value for money approach and adapt Olive Oil packaging size to the specificities and preferences of the target market.
Abstract: In response to today’s needs and changes in the international market in which many products travel all around the world, this study investigates the impact of packaging size upon perceived value for money and purchase intentions. Although existing literature has provided ample evidence that packaging size is able to influence consumers’ behaviour a...
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