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All Journal SEISENSE Journal of Management Jurnal Ilmu Sosial, Manajemen, Akuntansi dan Bisnis
Saina, Ernest
Unknown Affiliation
Economics, Econometrics & Finance Social Sciences

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Social Influence And Savings Behavior: Evidence From A Developing Country Context Mpaata, Eva; Koskei, Naomy; Saina, Ernest
SEISENSE Journal of Management Vol. 3 No. 4 (2020): SEISENSE Journal of Management
Publisher : SEISENSE (PRIVATE) LIMITED

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33215/sjom.v3i4.396

Abstract

Purpose: This paper highlights the relevance of Savings Behavior and the impact of Social Influence on Savings Behavior in a developing country utilizing both life cycle and economic theories Methodology: This paper presents findings from a thorough review of the literature. Relevant articles were reviewed on both savings behavior and social influence. The articles consisted of both contexts developed versus developing. Findings: The findings suggest that from the developed country context, Social Influence positively affects Savings Behavior, which is not the case for the developing economies that show the negative impact of social influence on savings behavior. Therefore, financial education and literacy training are two of the means of encouraging individual self-control in these developing economies despite their vulnerability to social influence to encourage positive savings behavior. Implications: Individuals are encouraged to save, especially during their productive ages, along with their lifespan. This can be done by obligatory deductions for those that are officially employed. Originality/Value: This paper reveals a bibliography theoretical review on Social Influence and Savings Behavior within the developing country context. The paper presents the puzzle about the effect of Social Influence and Savings Behavior in the emerging economy. The majority of savings behavior research undertaken in the developed economies shows the positive effect of social influence on savings behavior, which is not the case in the developing economies.
Energy Consumption and Economic Growth in South Sudan Ayong, Ngor Timothy; Saina, Ernest; Kipruto, Kipruto
Jurnal Ilmu Sosial, Manajemen, Akuntansi dan Bisnis Vol. 7 No. 1 (2026): Jurnal Ilmu Sosial, Manajemen, Akuntansi dan Bisnis
Publisher : Training & Research Institute - Jeramba Ilmu Sukses

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47747/jismab.v7i1.3033

Abstract

This study analyzes the link between energy consumption and its impact on South Sudan's economic growth. The specific objective is to determine the impact of energy consumption on South Sudan's economic growth from 2010 to 2024. Endogenous growth theory was adopted as a grounding theory for the study, and the model was specified. An explanatory research design was employed to examine the short-run and long-run effects of energy consumption on economic growth in South Sudan. An ARDL model was used to check the effects of the dependent variables on the independent variable in the short run and long run. The ARDL bounds test produced an F-statistic of 1.985, which was less than the critical value for the upper bound I(1) at a 5% significance level (4.78), hence insignificant. The results show no cointegration between the variables; hence, there is no long-run relationship, confirming the existence of a short-run relationship. In contrast, in the short run, energy consumption shows a negative and insignificant relationship with GDP, attributed to oil fluctuations. In terms of policy, the South Sudanese government should encourage the use of renewable energy and adopt energy-saving measures, thereby reducing costs and increasing efficiency. Renewable energy and energy conservation policies should be adopted by the government to increase energy generation and support economic development, given that South Sudan is a growing nation.
Co-Authors Ayong, Ngor Timothy Kipruto, Kipruto Koskei, Naomy Mpaata, Eva