The intended purpose of this study was to investigate the contribution, constraints, trends and determinants of private domestic investment in Ethiopia by taking annual data set of 34 years spanning from 1987-2021. The objective was achieved by collecting secondary data. Accordingly, domestics private investment has contributed a lot for the growth of the national economic despite the constrains. The domestic private investment in Ethiopia has faced severe trend due to trends in economics system in the country, i.e., pre-1974, 1974-1991 and Post 1991. The determining factors in this study included private investment, foreign direct investment, inflation rate, access to credit, GDP per capita, lending interest rate, human capital, exchange rate, public investment, taxation and political stability. Accordingly, GDP per-capital, political stability, public investment and lending interest rate have significant positive long run effect on private investment, while human capital and exchange rate have negative long run effect. Public investment and political stability have positive significant effect while lending interest rate and exchange rate have negative significant effect in the short run. Finally, expansion of infrastructure, increasing income generation mechanism for citizens, appreciation of domestic currency and creating fertile investment climate are some of the recommendations forwarded.
{"title":"The Domestic Private Investment in Ethiopia: Contribution, Constraints, Trends and Determinants","authors":"Chuol Jock Ruey","doi":"10.22158/ibes.v5n2p70","DOIUrl":"https://doi.org/10.22158/ibes.v5n2p70","url":null,"abstract":"The intended purpose of this study was to investigate the contribution, constraints, trends and determinants of private domestic investment in Ethiopia by taking annual data set of 34 years spanning from 1987-2021. The objective was achieved by collecting secondary data. Accordingly, domestics private investment has contributed a lot for the growth of the national economic despite the constrains. The domestic private investment in Ethiopia has faced severe trend due to trends in economics system in the country, i.e., pre-1974, 1974-1991 and Post 1991. The determining factors in this study included private investment, foreign direct investment, inflation rate, access to credit, GDP per capita, lending interest rate, human capital, exchange rate, public investment, taxation and political stability. Accordingly, GDP per-capital, political stability, public investment and lending interest rate have significant positive long run effect on private investment, while human capital and exchange rate have negative long run effect. Public investment and political stability have positive significant effect while lending interest rate and exchange rate have negative significant effect in the short run. Finally, expansion of infrastructure, increasing income generation mechanism for citizens, appreciation of domestic currency and creating fertile investment climate are some of the recommendations forwarded.","PeriodicalId":343833,"journal":{"name":"International Business & Economics Studies","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126291170","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}
Began to implement precise poverty alleviation in China, from 2012 to 2020, eliminating absolute poverty across the country, this study based on 2012-2021, the Chinese government poverty monitoring tracking 22 provincial economic data, with the aid of stata17.0 software tools, correlation analysis, the heteroscedasticity test and multiple regression analysis of the 10 years rural residents per capita disposable income, respectively, and residents’ income gap between urban and rural areas, rural residents income gap between the number of dependent relationship, and the Per capita GDP, the total amount of foreign investment, the urbanization rate, value of tertiary industry and total retail sales of social consumer goods listed as influencing factors, so as to reveal that the influence of the gap between rich and poor eliminating absolute poverty. The empirical results show that rural residents per capita disposable income increased, can be narrowed between urban and rural residents and rural residents and rural residents between the gap between the rich and the poor.
{"title":"Eliminate Absolute Poverty to Narrow the Gap between the Rich and the Poor?—Based An Chinese Provincial Panel Data From 2012 to 2021 of The Empirical Research","authors":"Yuyang Feng","doi":"10.22158/ibes.v5n2p57","DOIUrl":"https://doi.org/10.22158/ibes.v5n2p57","url":null,"abstract":"Began to implement precise poverty alleviation in China, from 2012 to 2020, eliminating absolute poverty across the country, this study based on 2012-2021, the Chinese government poverty monitoring tracking 22 provincial economic data, with the aid of stata17.0 software tools, correlation analysis, the heteroscedasticity test and multiple regression analysis of the 10 years rural residents per capita disposable income, respectively, and residents’ income gap between urban and rural areas, rural residents income gap between the number of dependent relationship, and the Per capita GDP, the total amount of foreign investment, the urbanization rate, value of tertiary industry and total retail sales of social consumer goods listed as influencing factors, so as to reveal that the influence of the gap between rich and poor eliminating absolute poverty. The empirical results show that rural residents per capita disposable income increased, can be narrowed between urban and rural residents and rural residents and rural residents between the gap between the rich and the poor.","PeriodicalId":343833,"journal":{"name":"International Business & Economics Studies","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133122584","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 planning element of saving, especially in rural areas of Ethiopia, is in its infancy, and little is known empirically about its determinants. Saving as a planning variable, influences both individual wellbeing and that of the country as a whole. The purpose of this research was to identify the types of savings that rural households used and the key factors that determine their savings. Descriptive and exploratory research designs, as well as a mixed approach, were used to accomplish the study’s objectives. Cross-sectional data from both primary and secondary sources were gathered from 370 sample homes using questionnaires, interviews, and the internet. Both descriptive and inferential statistics were used to analyze the data that had been gathered. Finally, it was determined that rural household saving is still in its infancy in rural communities of the Nuer Zone and that the only unimportant variables in determining rural household saving are sex, age, and marital status. Rural household saving is motivated by the desire to save money for immediate consumption.
{"title":"Determinants Of Rural Household Savings In Gambella: The Case of Nuer Zone, Gambella People’s National Regional State, Ethiopia","authors":"Chuol Jock Ruey","doi":"10.22158/ibes.v5n2p88","DOIUrl":"https://doi.org/10.22158/ibes.v5n2p88","url":null,"abstract":"The planning element of saving, especially in rural areas of Ethiopia, is in its infancy, and little is known empirically about its determinants. Saving as a planning variable, influences both individual wellbeing and that of the country as a whole. The purpose of this research was to identify the types of savings that rural households used and the key factors that determine their savings. Descriptive and exploratory research designs, as well as a mixed approach, were used to accomplish the study’s objectives. Cross-sectional data from both primary and secondary sources were gathered from 370 sample homes using questionnaires, interviews, and the internet. Both descriptive and inferential statistics were used to analyze the data that had been gathered. Finally, it was determined that rural household saving is still in its infancy in rural communities of the Nuer Zone and that the only unimportant variables in determining rural household saving are sex, age, and marital status. Rural household saving is motivated by the desire to save money for immediate consumption.","PeriodicalId":343833,"journal":{"name":"International Business & Economics Studies","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131109288","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 sudden global outbreak of the new crown pneumonia epidemic at the end of 2019 has caused a huge impact on the world’s economic and social development. It has also brought new challenges to the governance of relative poverty in China. This paper compares the connotation and characteristics of relative poverty, and argues that relative poverty mainly encompasses three levels: income, viability and rights. Starting from the perspective of maintaining spatial social distance, the main strategy to prevent and control the new crown epidemic, the paper explores the inner influence mechanism of relative poverty governance in the prevention and control of the epidemic, and concludes that maintaining spatial social distance has a series of impacts from poverty alleviation, including poor agricultural production and marketing, relatively poor educational facilities, difficult operation of rural scenic spots, hindered non-agricultural employment and work, relocation facing unemployment, and obvious social psychological anxiety. Accordingly, the following measures are proposed to address relative poverty management with digital economy tools as the main orientation: innovate digital production and marketing matching mechanisms, improve online education infrastructure, launch digital cloud tourism dual-line experience, strengthen digital economy employment traction, and cultivate digital social information literacy, etc.
{"title":"COVID-19, Spatial Social Distance and Relative Poverty Governance","authors":"","doi":"10.22158/ibes.v5n2p104","DOIUrl":"https://doi.org/10.22158/ibes.v5n2p104","url":null,"abstract":"The sudden global outbreak of the new crown pneumonia epidemic at the end of 2019 has caused a huge impact on the world’s economic and social development. It has also brought new challenges to the governance of relative poverty in China. This paper compares the connotation and characteristics of relative poverty, and argues that relative poverty mainly encompasses three levels: income, viability and rights. Starting from the perspective of maintaining spatial social distance, the main strategy to prevent and control the new crown epidemic, the paper explores the inner influence mechanism of relative poverty governance in the prevention and control of the epidemic, and concludes that maintaining spatial social distance has a series of impacts from poverty alleviation, including poor agricultural production and marketing, relatively poor educational facilities, difficult operation of rural scenic spots, hindered non-agricultural employment and work, relocation facing unemployment, and obvious social psychological anxiety. Accordingly, the following measures are proposed to address relative poverty management with digital economy tools as the main orientation: innovate digital production and marketing matching mechanisms, improve online education infrastructure, launch digital cloud tourism dual-line experience, strengthen digital economy employment traction, and cultivate digital social information literacy, etc.","PeriodicalId":343833,"journal":{"name":"International Business & Economics Studies","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129529867","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}
This paper analyzes tourists’ perceived preferences for cultural and creative product elements using human-computer interaction technology and constructs the innovation and transformation path of cultural and creative products from four dimensions: concept, elements, content, and structure. The Great Wall tourism cultural and creative products are used as an example. The findings demonstrate that: (1) From a behavioral data viewpoint, cultural and creative items’ overall inventiveness, formal design, manufacturing method, area, cultural collection value, and function have varying degrees of influence on visitors’ perceived preferences; (2) The richness and attraction of character expression, action, and form components from the hotspot map and matrix map can boost the visual engagement impact of visitors. Scenic area architecture may enhance visitors’ immersion experiences of local culture since it serves as the design prototype for cultural and creative businesses. (3) The number of fixation points, total fixation time, and saccade frequency of cultural and creative products with various design elements differ significantly when viewed from the perspective of the eye movement index, and these differences are further presented as individualized tourist behavior characteristics. (4) From a design standpoint, it is essential that the circumstances of the product satisfy the needs of visitors in order to produce high-quality cultural and creative products. Innovative ideas should be used to steer the innovation and transformation of cultural and creative products, enhancing the universal design of products with element innovation, enhancing the cultural legacies of products with content innovation, and lengthening the market cycle of products with structural innovation. The use of modern technology broadens the research methodologies for the tourism field and creates new research environments for tourism experimentation.
{"title":"Element Recognition and Innovation Transformation of Cultural and Creative Products: Based on Eye Movement Experiment","authors":"Weisi Guo, Yangyang Wang, Tianjun Xu","doi":"10.22158/ibes.v5n2p34","DOIUrl":"https://doi.org/10.22158/ibes.v5n2p34","url":null,"abstract":"This paper analyzes tourists’ perceived preferences for cultural and creative product elements using human-computer interaction technology and constructs the innovation and transformation path of cultural and creative products from four dimensions: concept, elements, content, and structure. The Great Wall tourism cultural and creative products are used as an example. The findings demonstrate that: (1) From a behavioral data viewpoint, cultural and creative items’ overall inventiveness, formal design, manufacturing method, area, cultural collection value, and function have varying degrees of influence on visitors’ perceived preferences; (2) The richness and attraction of character expression, action, and form components from the hotspot map and matrix map can boost the visual engagement impact of visitors. Scenic area architecture may enhance visitors’ immersion experiences of local culture since it serves as the design prototype for cultural and creative businesses. (3) The number of fixation points, total fixation time, and saccade frequency of cultural and creative products with various design elements differ significantly when viewed from the perspective of the eye movement index, and these differences are further presented as individualized tourist behavior characteristics. (4) From a design standpoint, it is essential that the circumstances of the product satisfy the needs of visitors in order to produce high-quality cultural and creative products. Innovative ideas should be used to steer the innovation and transformation of cultural and creative products, enhancing the universal design of products with element innovation, enhancing the cultural legacies of products with content innovation, and lengthening the market cycle of products with structural innovation. The use of modern technology broadens the research methodologies for the tourism field and creates new research environments for tourism experimentation.","PeriodicalId":343833,"journal":{"name":"International Business & Economics Studies","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131853339","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 main purpose of this research is to investigate the effects of artificial intelligence, which has increased its popularity in recent years, on the purchasing behaviors of consumers, which have existed since the first ages, in order to meet their needs. In the study, primarily consumer behaviors are explained. Afterward, a literature search was conducted on the emergence and development of artificial intelligence. Finally, the effects of these two concepts on each other were analyzed.
{"title":"A Theoretical Approach to Artificial Intelligence in Consumer Behavior","authors":"Yakup Durmaz, Yusuf Yusuf Kilic","doi":"10.22158/ibes.v5n2p52","DOIUrl":"https://doi.org/10.22158/ibes.v5n2p52","url":null,"abstract":"The main purpose of this research is to investigate the effects of artificial intelligence, which has increased its popularity in recent years, on the purchasing behaviors of consumers, which have existed since the first ages, in order to meet their needs. In the study, primarily consumer behaviors are explained. Afterward, a literature search was conducted on the emergence and development of artificial intelligence. Finally, the effects of these two concepts on each other were analyzed.","PeriodicalId":343833,"journal":{"name":"International Business & Economics Studies","volume":"59 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133978020","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":"The Application of Real Option in Corporate Investment","authors":"Xiao-bing Hu","doi":"10.22158/ibes.v5n2p28","DOIUrl":"https://doi.org/10.22158/ibes.v5n2p28","url":null,"abstract":"<jats:p>--</jats:p>","PeriodicalId":343833,"journal":{"name":"International Business & Economics Studies","volume":"274 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125838848","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}
This study proposes a sustainable innovation model for science and technology-based small and medium enterprises (SMEs) using grounded theory in the Chinese context. Five SMEs, referred to as ‘science and technology small giants’, were chosen as sampling cases to gather information for the grounding procedure to provide insights into successful science and technology-based SMEs. The model illustrates possible development paths for science and technology-based SMEs seeking to progress towards sustainable innovation and is potentially generalisable to SMEs in other industries, offering empirical insights to corresponding enterprises that seek innovative enhancement especially in developing countries. The results suggest that the innovation team, innovation principles, and an innovation base are indispensable elements to consider. Building teams with innovative human resources under the guidance of a clear system of principles can largely maximise the efficiency of creative talent and thus advance continuous innovation outcomes. An innovation base is also indispensable to reduce primary defects in initial investment, networking, supply chains, and market reputation.
{"title":"Sustainable Innovation Model for Science and Technology-Based SMEs: Evidence from China","authors":"Liuyi Zhang, Pujun Chen, Xiaohua Lv","doi":"10.22158/ibes.v5n2p1","DOIUrl":"https://doi.org/10.22158/ibes.v5n2p1","url":null,"abstract":"This study proposes a sustainable innovation model for science and technology-based small and medium enterprises (SMEs) using grounded theory in the Chinese context. Five SMEs, referred to as ‘science and technology small giants’, were chosen as sampling cases to gather information for the grounding procedure to provide insights into successful science and technology-based SMEs. The model illustrates possible development paths for science and technology-based SMEs seeking to progress towards sustainable innovation and is potentially generalisable to SMEs in other industries, offering empirical insights to corresponding enterprises that seek innovative enhancement especially in developing countries. The results suggest that the innovation team, innovation principles, and an innovation base are indispensable elements to consider. Building teams with innovative human resources under the guidance of a clear system of principles can largely maximise the efficiency of creative talent and thus advance continuous innovation outcomes. An innovation base is also indispensable to reduce primary defects in initial investment, networking, supply chains, and market reputation.","PeriodicalId":343833,"journal":{"name":"International Business & Economics Studies","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116431010","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}
With the vigorous development of China’s futures market, the number of varieties is gradually increasing, the number of investors is increasing, and the liquidity of futures is getting better and better. The “T+0” trading mechanism of the futures market makes arbitrage traders prefer to carry out arbitrage in the futures market. Cross-variety arbitrage is one of the main ways of arbitrage in China’s futures market, and its key is to find the appropriate variety combination and arbitrage strategy. The purpose of this paper is to conduct scientific and detailed research and analysis on futures cross-variety arbitrage, so that investors can have a comprehensive and in-depth understanding of it to enhance investor education, and on this basis, find appropriate variety combinations and design cross-variety arbitrage strategies and empirically test the effect of the strategies, so as to provide reference for investors and enrich the existing research on futures cross-variety arbitrage strategies.
{"title":"Research on Cross-Variety Arbitrage Strategy of Metal Futures in China","authors":"Chen Yang, Shaotian Liu","doi":"10.22158/ibes.v5n1p81","DOIUrl":"https://doi.org/10.22158/ibes.v5n1p81","url":null,"abstract":"With the vigorous development of China’s futures market, the number of varieties is gradually increasing, the number of investors is increasing, and the liquidity of futures is getting better and better. The “T+0” trading mechanism of the futures market makes arbitrage traders prefer to carry out arbitrage in the futures market. Cross-variety arbitrage is one of the main ways of arbitrage in China’s futures market, and its key is to find the appropriate variety combination and arbitrage strategy. The purpose of this paper is to conduct scientific and detailed research and analysis on futures cross-variety arbitrage, so that investors can have a comprehensive and in-depth understanding of it to enhance investor education, and on this basis, find appropriate variety combinations and design cross-variety arbitrage strategies and empirically test the effect of the strategies, so as to provide reference for investors and enrich the existing research on futures cross-variety arbitrage strategies.","PeriodicalId":343833,"journal":{"name":"International Business & Economics Studies","volume":"4 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113936344","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}
This paper provides evidence on the impact of Metaverse investment on the market performance of public enterprises in China. Our empirical analysis is based on event study and the data of 58 public firms which made Metaverse investment announcements between 2021 and 2022. The results show that Metaverse investment announcements have a significant positive impact on the market value of firms in the short term, but show a downward trend over time. Meanwhile, firms with larger size, stronger innovativeness and higher operation efficiency can obtain higher stoke price, resulting in more returns. Nevertheless, firms in different industries all get positive market feedback. Industry differences have no significant effect on the market performance of enterprise Metaverse investment.
{"title":"Impact of Metaverse Investment on the Market Performance of Public Enterprise in China","authors":"Shaotian Liu, Chen Yang","doi":"10.22158/ibes.v5n1p88","DOIUrl":"https://doi.org/10.22158/ibes.v5n1p88","url":null,"abstract":"This paper provides evidence on the impact of Metaverse investment on the market performance of public enterprises in China. Our empirical analysis is based on event study and the data of 58 public firms which made Metaverse investment announcements between 2021 and 2022. The results show that Metaverse investment announcements have a significant positive impact on the market value of firms in the short term, but show a downward trend over time. Meanwhile, firms with larger size, stronger innovativeness and higher operation efficiency can obtain higher stoke price, resulting in more returns. Nevertheless, firms in different industries all get positive market feedback. Industry differences have no significant effect on the market performance of enterprise Metaverse investment.","PeriodicalId":343833,"journal":{"name":"International Business & Economics Studies","volume":"102 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131002104","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}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：