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Empirical study on international tourism and economic growth of Thailand: an ARDL - ECM bounds testing approach Pashtoon, Rahmatullah; Zaki, Zakirullah; Haqbin, Naqibullah
Journal of Enterprise and Development (JED) Vol. 4 No. 1 (2022): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v4i1.4793

Purpose — To examine the impact of tourism on economic growth in Thailand.Research method — This study was conducted using the Autoregressive Distributed Lag (ARDL) bounds testing approach, performed between 1995 and 2018.Result — The analysis finds out that there is a long-run cointegration in the data. The ECM approach is applied, and the results conclude that the long-run cointegration exists. However, the model depicts that there is not any significant positive relation between FDI and economic growth. The study results showed that the positive impact of tourism in the short term is extremely low, relative to that of the long term. The study results indicate that tourism's optimistic short-term effect is slightly smaller than in the long-term. This can be because certain government restrictions and other exogenous factors hinder the arrival of visitors in Thailand in the short term. Therefore, the government needs to resolve these constraints concerning trade, transportation, taxes, allocation of capital, and environmental risks to attract further tourism visitors and thus improve Thailand's economic growth.

The impact of INGOs and governmental assistance on women entrepreneurs’ financial performance Pashtoon, Rahmatullah; Bin Mohamad, Noorihsan; Hamid, Zarinah
Journal of Enterprise and Development (JED) Vol. 6 No. 2 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i2.10080

Purpose — This study aims to explore and analyze the effects of International Non-Governmental Organizations (INGOs) and governmental assistance programs on the financial performance of women entrepreneurs. It assesses how different forms of support contribute to the economic empowerment and success of women-led businesses.Method — The study utilized an exploratory and descriptive research methodology, incorporating primary data. It surveyed 308 autonomous female entrepreneurs in Kandahar, Afghanistan using a cross-sectional questionnaire. The study employs purposive sampling and an OLS statistical model using IBM SPSS V.27.Result — The findings indicate that support programs from INGOs and government assistance positively and significantly influence the financial performance of women-run businesses in terms of profitability volume, average annual sales, return on investment, and inventory turnover.Practical implications — The research emphasizes the crucial role of International Non-Governmental Organizations (INGOs) and government aid programs in enhancing the economic success of female entrepreneurs. Policymakers, INGOs, and local government organizations should concentrate on creating specialized support programs that provide financial assistance, training, and resources customized for women-led companies in socio-economically disadvantaged regions. These findings promote extending support programs to additional areas, highlighting the importance of ongoing and customized help to ensure the endurance and development of women's entrepreneurship. This approach aids in economic empowerment and promotes broader socio-economic progress by assisting women entrepreneurs in overcoming specific obstacles and benefiting their communities.

Empirical study on international tourism and economic growth of Thailand: an ARDL - ECM bounds testing approach Pashtoon, Rahmatullah; Zaki, Zakirullah; Haqbin, Naqibullah
Journal of Enterprise and Development (JED) Vol. 4 No. 1 (2022): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v4i1.4793

Purpose — To examine the impact of tourism on economic growth in Thailand.Research method — This study was conducted using the Autoregressive Distributed Lag (ARDL) bounds testing approach, performed between 1995 and 2018.Result — The analysis finds out that there is a long-run cointegration in the data. The ECM approach is applied, and the results conclude that the long-run cointegration exists. However, the model depicts that there is not any significant positive relation between FDI and economic growth. The study results showed that the positive impact of tourism in the short term is extremely low, relative to that of the long term. The study results indicate that tourism's optimistic short-term effect is slightly smaller than in the long-term. This can be because certain government restrictions and other exogenous factors hinder the arrival of visitors in Thailand in the short term. Therefore, the government needs to resolve these constraints concerning trade, transportation, taxes, allocation of capital, and environmental risks to attract further tourism visitors and thus improve Thailand's economic growth.

The impact of INGOs and governmental assistance on women entrepreneurs’ financial performance Pashtoon, Rahmatullah; Bin Mohamad, Noorihsan; Hamid, Zarinah
Journal of Enterprise and Development (JED) Vol. 6 No. 2 (2024): Journal of Enterprise and Development (JED)
Publisher : Faculty of Islamic Economics and Business of Universitas Islam Negeri Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20414/jed.v6i2.10080

Purpose — This study aims to explore and analyze the effects of International Non-Governmental Organizations (INGOs) and governmental assistance programs on the financial performance of women entrepreneurs. It assesses how different forms of support contribute to the economic empowerment and success of women-led businesses.Method — The study utilized an exploratory and descriptive research methodology, incorporating primary data. It surveyed 308 autonomous female entrepreneurs in Kandahar, Afghanistan using a cross-sectional questionnaire. The study employs purposive sampling and an OLS statistical model using IBM SPSS V.27.Result — The findings indicate that support programs from INGOs and government assistance positively and significantly influence the financial performance of women-run businesses in terms of profitability volume, average annual sales, return on investment, and inventory turnover.Practical implications — The research emphasizes the crucial role of International Non-Governmental Organizations (INGOs) and government aid programs in enhancing the economic success of female entrepreneurs. Policymakers, INGOs, and local government organizations should concentrate on creating specialized support programs that provide financial assistance, training, and resources customized for women-led companies in socio-economically disadvantaged regions. These findings promote extending support programs to additional areas, highlighting the importance of ongoing and customized help to ensure the endurance and development of women's entrepreneurship. This approach aids in economic empowerment and promotes broader socio-economic progress by assisting women entrepreneurs in overcoming specific obstacles and benefiting their communities.

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