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[COVID-19 in Ghana: An Overview of Government Contributions in Fighting this Pandemic ]]>
<![CDATA[Evans, Yeboah]]>;
<![CDATA[Kyeremeh, Rose Gyamea]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 1 No. 6 (2020) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems219
<![CDATA[Coronavirus outbreak has brought significant negative impacts on developed and developing economies with Ghana, not an exemption. This pandemic has slow down economic activities across the globe through unplanned budget expenditures by various government. There is an increasing pressure on many governments to directed tremendous capital resource to stop the outbreak. The perspective of this paper is to provide, update, and inform concerning Covid-19 situation in Ghana, and also look at government expenditure on this pandemic and economic impact. This study employed the quantitative method which promotes the analysis of secondary sources of data. The study captured some of economic and livelihood programme implemented by the government of Ghana to support the most vulnerable persons. With Ghana currently having low active Covid-19 confirmed cases proves that the government has done well to control the spread of the virus.]]>
<![CDATA[Comparative risk analysis by VaR: an empirical application to ethical market indices ]]>
<![CDATA[Derbali, Abdelkader]]>;
<![CDATA[Saleh, Hany A]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 1 No. 6 (2020) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems220
<![CDATA[In recent years, companies' actions towards factors of production have multiplied. The human dimension is increasingly present in decisions and companies feel socially responsible. The sustainability of companies necessarily requires limiting the negative environmental effects because of these production activities. Ethical finance in general, whether Islamic or not, is a growing demand on the part of consumers and states. The aim of this paper is to assess the risk of two ethically responsible indices such as S&P500 Shariah index and S&P500 Environment and Socially Responsible index. In this paper, we will conduct a comparative study of market risk on two ethically responsible indices: the Islamic Index of the Shariah (S&P500 Shariah index) and the S&P500 Environment and Socially Responsible index during the period from 30/09/2010 to 21/09/2018. The evolution of the market will be represented by the general index of the S&P500. To do this, we use different approaches to value at risk such as VaR parametric approach, VaR non-parametric approach and the Theory of Extreme Values approach. Our results show that, on the one hand, the S&P500 Environment and Socially Responsible index is less risky than the S&P500 Shariah index and the S&P500 index. On the other hand, the S&P500 Shariah index is at low risk when yields are extreme. We conclude that the S&P500 Environment and Socially Responsible index is less risky than the Shariah S&P500 Index when you consider that yields are moving under normal market conditions.]]>
<![CDATA[FDI, Trade and Economic Development in Pakistan ]]>
<![CDATA[Afzal, Muhammad]]>;
<![CDATA[Ahmad, Shoaib]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 1 No. 6 (2020) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems222
<![CDATA[This paper examined the relationship between FDI, imports, exports, terms of trade and investment in Pakistan for the period 1990-2015. Results show that an increase in all these factors will contribute significantly to FDI flows that may help the Pakistan’s economy. FDI has negative and significant impact on GDP. Exports have an insignificant effect that may imply that historically economy had led exports more than the exports led the economy. More important fact is that world economic conditions play a crucial role in the macroeconomic performance. When these conditions are favorable, not only the economy but also the trade grow. Though global financial crisis did not seriously affect Pakistan’s economy, Pakistan faced multifaceted challenges on external and internal fronts notably fight against extremism, energy crisis and uncertain external inflows. There is a need to pay more attention to domestic situation than to look abroad for financial assistance since FDI is not an unmixed blessing.]]>
<![CDATA[Determinants of Bank Liquidity in Nepal ]]>
<![CDATA[Bista, Raghu Bir]]>;
<![CDATA[Basnet , Priyanka]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 1 No. 6 (2020) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems223
<![CDATA[This paper examines determinants of bank liquidity of the commercial bank in Nepal based on 12 years long time series data base from 2004 to 2015, employing the econometric model. As a result, the bank liquidity of the commercial bank has fluctuation and instable trend line indicating the risk of liquidity crunch. Similarly, deposit, capital adequacy, remittance and bank size are determinants of bank liquidity of the commercial bank out of which deposit is prevalent to increase bank liquidity and capital adequacy is key to decrease it. In long term, capital adequacy, bank size and government expenditure increase bank liquidity of the commercial bank but deposit decreases it. Thus, internal variables influence bank liquidity more than macroeconomic variables. Therefore, the commercial banks should maintain bank liquidity in short period and in long period for achievement of financial health, stability and growth as per mention regulatory provisions and criteria of the monetary policy and the monetary policy should be formulated to maintain short and long term bank liquidity in accordance with IMF standards and guidelines for reducing the potential risk of liquidity crunch as result of the variation of macro-economic variables and of international global trade and oil price and production.]]>
<![CDATA[Internet Usage and Economic Growth: The Case of Mexico ]]>
<![CDATA[Hsing, Yu]]>;
<![CDATA[Morgan, Yun-Chen]]>;
<![CDATA[Phillips, Antoinette S.]]>;
<![CDATA[Phillips, Carl]]>
<![CDATA[ Quantitative Economics and Management Studies Vol. 1 No. 6 (2020) ]]>
Publisher : <![CDATA[Yayasan Ahmar Cendekia Indonesia ]]>
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DOI: 10.35877/454RI.qems224
<![CDATA[This paper finds that more internet users as a percentage of total population promote economic growth in Mexico and that the impact exhibited a nonlinear relation and was greater in the initial stage of Internet adoption. In addition, less government budget deficit as a percent of GDP, a higher real stock price, real peso appreciation, a higher real crude oil price or a lower expected inflation rate would enhance economic growth.]]>
<![CDATA[The influence of spiritual leadership on turnover intention: assessing mediating role of quality of work life and moderating role of organization climate ]]>
<![CDATA[Mariwa, Neema Gasper]]>;
<![CDATA[Betchem, Garba]]>;
<![CDATA[Adu, Isaac Amankwaa]]>;
<![CDATA[Andrews, Minkah Yaw]]>
<![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[Humphrey Ikenna, Madumere]]>;
<![CDATA[I. Emeti, Cletus]]>;
<![CDATA[Agu, Agu Godswill]]>;
<![CDATA[Ireneus Chukwud, Nwaizugbo]]>
<![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[Nkwatoh, Louis Sevitenyi]]>;
<![CDATA[Ibrahim, Kekere Sule]]>
<![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[Ikenna, Madumere Humphrey]]>;
<![CDATA[Uche, Dickson Ben]]>;
<![CDATA[Agu, Agu Godswill]]>
<![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[Dangol, Pooja]]>
<![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.]]>
