The purpose of this study is to explore the factors that affects the consumers’ purchasing behavior via the online networks in Bangkok, where the theoretical framework was derived based on previous researchers. The proposed hypotheses were tested and analyzed using the Structural Equation Modeling in order to measure the latent variables. The five main hypotheses were that the individual variables (exogenous) significantly affects the dependent variable (endogenous). The 10 sub-hypotheses were to understand whether any correlation between the independent variables exists. The various analytical tests and goodness-of-fit measurement resulted in significant p-values for two main hypotheses out of five. The p-values for 9 sub-hypotheses out of 10 were significant. The results, the contradictions and affirmations with previous researchers is explained further in this research, along with implications and recommendations for further researchers and businesses to better understand the factors that significantly affects the consumers’ purchasing behavior via the online networks.
{"title":"STUDY OF FACTORS AFFECTING CONSUMERS’ PURCHASING BEHAVIOR VIA ONLINE NETWORKS IN BANGKOK","authors":"Ferheen L","doi":"10.46959/jeess.812270","DOIUrl":"https://doi.org/10.46959/jeess.812270","url":null,"abstract":"The purpose of this study is to explore the factors that affects the consumers’ purchasing behavior via the online networks in Bangkok, where the theoretical framework was derived based on previous researchers. The proposed hypotheses were tested and analyzed using the Structural Equation Modeling in order to measure the latent variables. \u0000The five main hypotheses were that the individual variables (exogenous) significantly affects the dependent variable (endogenous). The 10 sub-hypotheses were to understand whether any correlation between the independent variables exists. The various analytical tests and goodness-of-fit measurement resulted in significant p-values for two main hypotheses out of five. The p-values for 9 sub-hypotheses out of 10 were significant. The results, the contradictions and affirmations with previous researchers is explained further in this research, along with implications and recommendations for further researchers and businesses to better understand the factors that significantly affects the consumers’ purchasing behavior via the online networks.","PeriodicalId":245979,"journal":{"name":"Journal of Empirical Economics and Social Sciences","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132712237","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"EVALUATING THE COST-BENEFIT OF A WASTE HEAT RECOVERY ENERGY SYSTEM WITH EXERGOECONOMICS","authors":"T. Koroglu","doi":"10.46959/JEESS.606042","DOIUrl":"https://doi.org/10.46959/JEESS.606042","url":null,"abstract":"","PeriodicalId":245979,"journal":{"name":"Journal of Empirical Economics and Social Sciences","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121510820","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The role of financial literacy with regards to sound personal finance management practice is a question many struggles with. Young Adults in nowadays are easy to access the financial products. So that the young adults are important to have knowledge of the financial literacy to capable of managing their personal finance better than their counterparts in other industries. The main research question is “What is the structural relationship among all the variables and how Financial Literacy Factor, Financial Product Knowledge Factor, Family and Peer Factor will effect on the Personal Financial Management of Young Adult”. The sample data are collected in Bangkok, Thailand. The Factor Analysis statistical method is employed to analyze the collected data with the purpose of analyze the factors that Effect and Influences on The Personal Financial Management of The Young Adult. This present research is using the (CFA) Confirmatory Factor Analysis because the measurement model in the Structural Equation Modeling (SEM) is used for (CFA) Confirmatory Factor Analysis using Amos followed by the specification and estimation of the models. SEM is a powerful quantitative data analytical technique, which can be estimates and tests the theoretical relationship between/ among latent variables and/or observed variables and it is also combines the regression and factor analysis. The present research show that the Financial literacy does not affect Personal Financial Management of Young Adult. This result is contrary to the previous research papers showing that Financial literacy path to Personal Financial Management is significant. Financial literacy does affect Financial Product Knowledge of Young Adult. This significant effect of Financial literacy path to Financial Product Knowledge is a new discovery and could be considered as a major contribution from this paper.
{"title":"STUDY OF FACTORS THAT EFFECT AND INFLUENCE ON THE PERSONAL FINANCIAL MANAGEMENT OF THE YOUNG ADULT","authors":"Ye Ko Ko Htet, Sumas Wongsunopparat","doi":"10.46959/JEESS.809250","DOIUrl":"https://doi.org/10.46959/JEESS.809250","url":null,"abstract":"The role of financial literacy with regards to sound personal finance management practice is a question many struggles with. Young Adults in nowadays are easy to access the financial products. So that the young adults are important to have knowledge of the financial literacy to capable of managing their personal finance better than their counterparts in other industries. The main research question is “What is the structural relationship among all the variables and how Financial Literacy Factor, Financial Product Knowledge Factor, Family and Peer Factor will effect on the Personal Financial Management of Young Adult”. The sample data are collected in Bangkok, Thailand. The Factor Analysis statistical method is employed to analyze the collected data with the purpose of analyze the factors that Effect and Influences on The Personal Financial Management of The Young Adult. This present research is using the (CFA) Confirmatory Factor Analysis because the measurement model in the Structural Equation Modeling (SEM) is used for (CFA) Confirmatory Factor Analysis using Amos followed by the specification and estimation of the models. SEM is a powerful quantitative data analytical technique, which can be estimates and tests the theoretical relationship between/ among latent variables and/or observed variables and it is also combines the regression and factor analysis. The present research show that the Financial literacy does not affect Personal Financial Management of Young Adult. This result is contrary to the previous research papers showing that Financial literacy path to Personal Financial Management is significant. Financial literacy does affect Financial Product Knowledge of Young Adult. This significant effect of Financial literacy path to Financial Product Knowledge is a new discovery and could be considered as a major contribution from this paper.","PeriodicalId":245979,"journal":{"name":"Journal of Empirical Economics and Social Sciences","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116425931","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
It is mostly observed that a competitive system provides a lot of advantages for consumers; such as more goods and services, lower prices and higher quality. We can include this argument for the banking sector. The numerous numbers of theoretical and empirical studies has been made for the sector support this. Therefore, the level of competition is crucial for both borrowers and lenders, which directly affect economic growth of a country. In this context our aim is to investigate the relationship between competition level of the banking sector and economic growth in Turkey.
{"title":"THE LEVEL OF COMPETITION IN THE BANKING SECTOR AND ECONOMIC GROWTH: AN EMPIRICAL ANALYSIS OF TURKISH CASE","authors":"Hale Kirer Silva Lecuna, Serçin Şahin","doi":"10.46959/jeess.786091","DOIUrl":"https://doi.org/10.46959/jeess.786091","url":null,"abstract":"It is mostly observed that a competitive system provides a lot of advantages for consumers; such as more goods and services, lower prices and higher quality. We can include this argument for the banking sector. The numerous numbers of theoretical and empirical studies has been made for the sector support this. Therefore, the level of competition is crucial for both borrowers and lenders, which directly affect economic growth of a country. In this context our aim is to investigate the relationship between competition level of the banking sector and economic growth in Turkey.","PeriodicalId":245979,"journal":{"name":"Journal of Empirical Economics and Social Sciences","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129308823","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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