Quantitative Economics and Management Studies
Journal of Quantitative Economics and Management Studies (QEMS) is an international peer-reviewed open-access journal dedicated to interchange for the results of high-quality research in all aspects of economics, management, business, finance, marketing, accounting. The journal publishes state-of-art papers in fundamental theory, experiments, and simulation, as well as applications, with a systematic proposed method, sufficient review on previous works, expanded discussion, and concise conclusion. As our commitment to the advancement of science and technology, the QEMS follows the open access policy that allows the published articles freely available online without any subscription.
Articles
595 Documents
<![CDATA[The influence of spiritual leadership on turnover intention: assessing mediating role of quality of work life and moderating role of organization climate ]]>
<![CDATA[Neema Gasper Mariwa]]>;
<![CDATA[Garba Betchem]]>;
<![CDATA[Isaac Amankwaa Adu]]>;
<![CDATA[Minkah Yaw Andrews]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 2 No. 1 (2021) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems247
<![CDATA[The purpose of this study is to investigate the influence of spiritual leadership on employees’ turnover intention by assessing the role of quality of work life as a mediating role and organizational climate as a moderator. This study identifies and examines, using a cross-sectional survey research design, the empirical support for two alternative model – a direct effect model and an indirect effect model of the likely effect of spiritual leadership on employee turnover intention, mediated by quality of work life and organizational climate as moderator on hotel employees of Tanzania. The results of this study showed the inverse relationship of spiritual leadership and turnover intention mediated by quality of work life. In addition organizational climate moderated the effect of quality of work life on turnover intention such that the relationship was stronger when organizational climate was high. The findings from this work adds to the existing literature and provide hotel managers with knowledge on the effects of spiritual leadership on turnover intention of employees. This is an original practical examination and its significance partly comes from its research implications and practice implications.]]>
<![CDATA[The role of service empathy and assurance in building customer loyalty in the Nigerian road transport industry ]]>
<![CDATA[Madumere Humphrey Ikenna]]>;
<![CDATA[Cletus I. Emeti]]>;
<![CDATA[Agu Godswill Agu]]>;
<![CDATA[Nwaizugbo Ireneus Chukwud]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 2 No. 1 (2021) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems248
<![CDATA[Basing on the RATER model of service quality, we explored the role service empathy and assurance in building road transport customers’ loyalty intention. Being a quantitative study, data from 318 valid responses, analyzed with simple regression analysis in SPSS 21.0, indicate that the two constructs – service empathy and service assurance are positive and significant predictors of customer loyalty. Further, with 82% and 78.8% variance explained for assurance and empathy respectively, results indicate that service assurance drives more customer loyalty than service empathy in the organized road transport industry in Nigeria. To attract and retain customers, operators in the industry must be service quality conscious.]]>
<![CDATA[Macroeconomic Impact of Refugee Inflow on West African Countries ]]>
<![CDATA[Louis Sevitenyi Nkwatoh]]>;
<![CDATA[Kekere Sule Ibrahim]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 2 No. 1 (2021) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems251
<![CDATA[This study investigated the macroeconomic effect of refugee inflow on West African Countries using a panel vector autoregressive approach over the period 1992 to 2018. Our results provide evidence that a positive refugee shock induces a positive effect on GDP per capita, government consumption and labour force. On the other hand, the effect of a shock to refugee exerts a negative effect on the fiscal balance of host Countries. The overall result from the variance decomposition indicates that refugees prefer to migrate to Countries with better economic activities as reflected by the GDP per capita and labour supply, even though the magnitude of contribution of refugees to economic activities is small and significant only in the short run. Hence, refugees do not constitute an economic burden to West African States, but however induce a negative effect on their fiscal balance via extra budgetary expenditure. This calls for a global response to refugee crisis with respect to its fiscal implication on host Countries. This may go a long way in averting another circle of crisis because refugees often exacerbate the worsening economic and social problems of host Countries, leading to increase in government consumption.]]>
<![CDATA[Influence of Perceived Service Quality on Customer Loyalty ]]>
<![CDATA[Madumere Humphrey Ikenna]]>;
<![CDATA[Dickson Ben Uche]]>;
<![CDATA[Agu Godswill Agu]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 2 No. 2 (2021) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems252
<![CDATA[The purpose of this was to investigate the relationship between perceived service quality and customer loyalty in the road transport industry in Nigeria. Leveraging the RATER service quality model, only reliability, tangibles and responsiveness were explored. Participants were drawn from the customer base of organized road transport firms operating in the South East of Nigeria. Being a quantitative survey, results from 318 valid responses were analyzed with SPSS version 21. Findings indicate that the three constructs (reliability, tangibles, and responsiveness) are significant predictors of customer loyalty, with reliability having the greatest influence, followed by responsiveness and tangibles. The study recommends steady monitoring of service quality as a step towards customer loyalty in the highly competitive road transport industry in Nigeria.]]>
<![CDATA[Role of Performance Appraisal System and Its Impact on Employees Motivation ]]>
<![CDATA[Pooja Dangol]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 2 No. 1 (2021) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems119
<![CDATA[The general objective of the study is to determine the role of performance appraisal and its impact on employee. The study is guided by the following specific objectives: to establish the extent to which performance appraisal process affects employee motivation, to determine the extent to which appraisers affect staff motivation and to determine the challenges in appraising employee performance. The study adopted descriptive research design. The population of interest consists of 120 employees of Service Industry in Nepal. Data is collected using structured questionnaires and additional qualitative data is collected using the reference from the questionnaire and the objectives of the study. The data is analysed using statistical tools such as frequency distribution, percentages and Pearson correlations. Data is presented using tables and charts. The research findings suggest that regular assessment of performance leads to employee motivation. Performance appraisal rating can be considered as a technique that has a positive effect on work performance and employee motivation. Employees may be motivated if the appraisal process is based on accurate and current job descriptions. On the challenges of performance appraisal on employee motivation established that some managers tend to be liberal or strict in their rating of staff which may affect the employees’ motivation. The manager’s ability to address the skills gaps can have a significant impact on the employee’s motivation. Regular ratings may affect the performance and motivation of the employees. Fair assessment of the employee’s performance may enhance their motivation.]]>
<![CDATA[The Relationship Between Financial Development and Economic Growth in The United Kingdom: A Granger Causality Approach ]]>
<![CDATA[Samuel Wesiah]]>;
<![CDATA[Sixtus Cyprian Onyekwere]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 2 No. 1 (2021) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems258
<![CDATA[This study aims to investigate the causal relationship between financial development and economic growth in the UK using quarterly data from 1963q1 to 2015q1. Three variables were used as proxies for financial sector development, namely, ratios of broad money supply to GDP, ratios of private sector credit to GDP and the ratios of stock market capitalization to GDP. Economic growth was measured using real GDP per capita. In order to achieve stated aim, the study employed the Johansen Cointegration test and the Granger causality test within a vector error correction framework (VEC) to test for the existence (or not) of a long run relationship as well as the direction of causality between financial development and economic growth. The result from the Cointegration test indicates that there is a stable long run equilibrium relationship between financial development and economic growth in the UK. The Granger causality test presents evidence of a bidirectional causality. This suggests that financial development and economic growth are mutually causal, that is, causality runs from both side which is in line with the feedback hypothesis in the literature which argue that financial development and economic growth exhibits a two-way causal relationship. In terms of each individual variable, the study finds that while bank credit to the private sector and stock market capitalisation Granger cause GDP per capita, GDP per capita on the other hand, Granger causes broad money supply.]]>
<![CDATA[Job Satisfaction Among Academicians in Nepal: The Influence of Institutional Sector and Demographic Factors ]]>
<![CDATA[Bal Ram Chapagain]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 2 No. 2 (2021) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems267
<![CDATA[Considering the importance of job satisfaction in teaching, and the ongoing debate regarding the influence of various factors on job satisfaction, this study identifies the status of job satisfaction and examines the influence of institutional sector and demographic factors on job satisfaction among Nepalese academicians. The study sample comprised 156 academicians from different higher-level educational institutions in Nepal, and the data were collected through structured questionnaires. Descriptive statistics, independent-samples t-test, and one-way ANOVA test were used to analyze the data. Results showed that Nepalese academicians are moderately satisfied with their job, in which intrinsic factors appear stronger than extrinsic factors. The findings also demonstrated that the institutional sector, in favor of public institutions, and academic qualification influence job satisfaction but gender, age, and teaching experience do not influence job satisfaction of academicians. Widespread sampling framework, all-inclusive job satisfaction measures, and remarkable findings have made the study unique and potent.]]>
<![CDATA[The Financial Stability in Developing Economy: Role of Financial Inclusion and Financial Efficiency ]]>
<![CDATA[Rahman Olanrewaju Raji]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 2 No. 1 (2021) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems269
<![CDATA[This paper explores the asymmetric nexus between financial inclusion, financial efficiency and financial stability, within asymmetric and symmetric Autoregressive Distributed Lag (NARDL) framework, covering the period from 2003 to 2018, using quarterly data in Nigeria. The findings showed that symmetric technique of econometric test detects, that financial stability is augmented by better improvement in financial inclusion in short-run, while asymmetric technique observed that short-run positive effect, and negative effect likewise long-run decrease in this index heightened the level of financial stability in this economy. This study further found trade-off existence, between financial efficiency and financial stability in both symmetric and asymmetric techniques of econometric tests, which is consistent with some empirical findings. The results based on the model and empirical data indicate that, the monetary authority needs to follow prudent and adequate supervisory standard in pursuing financial inclusion, financial intermediaries should be accompanied with good institutional quality, including financial awareness that should be enhanced through financial teachings in all sectors both in the urban and rural areas of the economy.]]>
<![CDATA[An Empirical Analysis of the Growth-Health Relationship in Pakistan ]]>
<![CDATA[Nayab Khalid]]>;
<![CDATA[Aaqib Qayyum]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 2 No. 3 (2021) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems272
<![CDATA[The purpose of this study is to examine Pakistan's health sector issues and the critical ties between health indicators and economic growth. ARDL analysis has been applied on the data set of Pakistan’s economy, in the time reference to 1990-2020. The study revealed that the important ties between GDP, foreign direct investment, fertility and life expectation in the short run are strong, while mortality rate is negative, but have a significant impact on economic development. The fertility rate has a huge effect on GDP in long-term, while affecting foreign direct investment. The study achieves that countries with developing economic growth will focus more on improving human capital well-being.]]>
<![CDATA[Improving The Effectiveness of Commercial Bank Employess in Cross River State Through Appropriate Remuneration ]]>
<![CDATA[Pius U. Angioha]]>;
<![CDATA[Rose U. Agba]]>;
<![CDATA[Beauty U. Kenneth]]>;
<![CDATA[Eno U. Ishie]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 2 No. 3 (2021) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems275
<![CDATA[The study specifically examines the correlation between remuneration and the effectiveness of employees in commercial banks in cross river state, adopting a survey method, data was collected from 232 participants employed by five commercial banks in cross river state. The participants were selected using the proportional stratified and simple random sampling technique. A self-developed questionnaire was adopted to elicit the required information for the study. Data collected was analyzed using descriptive and inferential statistics. out of the 232 distributed questionnaires, 213 was returned and used for analysis. Result revealed a correlation between remuneration and the effectiveness of employees in commercial banks in cross river state. From the analysis 21.8 per cent of the variance in the effectiveness of bank's employees is accounted for by remuneration. The study concludes that bank the management of banks need to take into cognizance the economic situation in the country and improve on the take-home package of their employees.]]>
