Pub Date : 2022-06-24DOI: 10.15408/etk.v21i2.24353
Md. Abu Issa Gazi, Abdullah Al Masud, Rezuan Ahmed Shuvro, Abu Ishaque Hossain, Muhammad Khalilur Rahman
The primary purpose of this study is to observe the economic andinternational trade relationships between Bangladesh and SAARCcountries during the Fiscal Years 2015-2016 to 2020-2021. Thisresearch uses panel data to examine the relationship betweenthe nature and direction of exports and economic growth.The researcher found that economic cooperation with SAARCcountries impacted economic growth, but there was insufficientexport adaptation. The study also showed that economic relationshave strengthened in recent epochs, and bilateral trade hasincreased compared to previous years with SAARC countries.The obtained results also showed that Bangladesh has sufferedfrom a long-standing trade imbalance with India and is in agood position with Afghanistan, Sri Lanka, Bhutan, Maldives,Nepal, and Pakistan. Our findings are beneficial for internationaltrade stakeholders and suggest that steps should be taken toincrease exports to reduce the trade deficit. Concern authoritiesshould be more aware of the expansion of trade facilitation andinfrastructure development.JEL Classification: F5, F18, F23, F50, M16
{"title":"Bangladesh and SAARC Countries: Bilateral Trade and Flaring of Economic Cooperation","authors":"Md. Abu Issa Gazi, Abdullah Al Masud, Rezuan Ahmed Shuvro, Abu Ishaque Hossain, Muhammad Khalilur Rahman","doi":"10.15408/etk.v21i2.24353","DOIUrl":"https://doi.org/10.15408/etk.v21i2.24353","url":null,"abstract":"The primary purpose of this study is to observe the economic andinternational trade relationships between Bangladesh and SAARCcountries during the Fiscal Years 2015-2016 to 2020-2021. Thisresearch uses panel data to examine the relationship betweenthe nature and direction of exports and economic growth.The researcher found that economic cooperation with SAARCcountries impacted economic growth, but there was insufficientexport adaptation. The study also showed that economic relationshave strengthened in recent epochs, and bilateral trade hasincreased compared to previous years with SAARC countries.The obtained results also showed that Bangladesh has sufferedfrom a long-standing trade imbalance with India and is in agood position with Afghanistan, Sri Lanka, Bhutan, Maldives,Nepal, and Pakistan. Our findings are beneficial for internationaltrade stakeholders and suggest that steps should be taken toincrease exports to reduce the trade deficit. Concern authoritiesshould be more aware of the expansion of trade facilitation andinfrastructure development.JEL Classification: F5, F18, F23, F50, M16","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43682631","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}
Pub Date : 2022-06-24DOI: 10.15408/etk.v21i2.24364
Estu Widarwati, Soni Karmila, Nunik Nurmalasari
Governance becomes a guideline for the banking management system and is essential for banking survival during regular economic crises. We investigate the impact of governance on performance in the Indonesians' conventional and examine the mediating role of bank risk in bank governance and performance relationship. The samples are 18 conventional banks listed on Indonesia Stock Exchange (IDX) from 2014 to 2021 and analyzed using panel data regression and sobel test. We find the risk of state-own bank higher than private bank and foreign bank that could leads to lower performance. Then the results indicate that board size and board age influence bank risk and bank performance. Banks should consider the board size for efficiency and also the maximum standard of their directors' age based on arguments related to innovation-based work productivity in the competitive banking industry. The subsequent exploration of banking governance research is needed by examining the differences in bank ownership and bank characteristics linked to bank risk which is strong evidence as mediation in this study.JEL Classification: G20, G30, G32, G34
{"title":"Governance and Bank Performance: Do Bank Risk Matter ?","authors":"Estu Widarwati, Soni Karmila, Nunik Nurmalasari","doi":"10.15408/etk.v21i2.24364","DOIUrl":"https://doi.org/10.15408/etk.v21i2.24364","url":null,"abstract":"Governance becomes a guideline for the banking management system and is essential for banking survival during regular economic crises. We investigate the impact of governance on performance in the Indonesians' conventional and examine the mediating role of bank risk in bank governance and performance relationship. The samples are 18 conventional banks listed on Indonesia Stock Exchange (IDX) from 2014 to 2021 and analyzed using panel data regression and sobel test. We find the risk of state-own bank higher than private bank and foreign bank that could leads to lower performance. Then the results indicate that board size and board age influence bank risk and bank performance. Banks should consider the board size for efficiency and also the maximum standard of their directors' age based on arguments related to innovation-based work productivity in the competitive banking industry. The subsequent exploration of banking governance research is needed by examining the differences in bank ownership and bank characteristics linked to bank risk which is strong evidence as mediation in this study.JEL Classification: G20, G30, G32, G34","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47806693","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}
Pub Date : 2022-06-24DOI: 10.15408/etk.v21i2.23339
Raheel Gohar, B. Chang, O. F. Derindag, Z. Abro
Previous research has primarily examined the link between price, income, and consumer spending using linear regression models. On the other hand, the latest evidence shows an asymmetric link among economic and financial variables. We contribute to the literature by employing a novel technique known as the asymmetric ARDL model. This approach is used to investigate the impact of favorable and unfavorable changes in income and prices on household consumption. The results show that higher income has a substantial and beneficial effect on household expenditures in the short term and long term. On the other hand, a fall in income has no impact on consumer spending. Moreover, for most developing countries, price adjustments have a negligible effect on consumer expenditures. Our findings suggest that implementing the same policy initiatives across periods of rising and falling income and prices may result in potential losses.JEL Classification: E31, F31, C22
{"title":"Nexus between Consumption, Income and Price Changes: Asymmetric Evidence from NARDL Mode","authors":"Raheel Gohar, B. Chang, O. F. Derindag, Z. Abro","doi":"10.15408/etk.v21i2.23339","DOIUrl":"https://doi.org/10.15408/etk.v21i2.23339","url":null,"abstract":"Previous research has primarily examined the link between price, income, and consumer spending using linear regression models. On the other hand, the latest evidence shows an asymmetric link among economic and financial variables. We contribute to the literature by employing a novel technique known as the asymmetric ARDL model. This approach is used to investigate the impact of favorable and unfavorable changes in income and prices on household consumption. The results show that higher income has a substantial and beneficial effect on household expenditures in the short term and long term. On the other hand, a fall in income has no impact on consumer spending. Moreover, for most developing countries, price adjustments have a negligible effect on consumer expenditures. Our findings suggest that implementing the same policy initiatives across periods of rising and falling income and prices may result in potential losses.JEL Classification: E31, F31, C22","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47872297","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}
Pub Date : 2022-06-24DOI: 10.15408/etk.v21i2.24602
E. Firmansyah, Budi Harsanto
The number of Islamic financial technology (fintech) study growsalong with technological advancement and fintech itself. Thisstudy aims to review the studies on Islamic fintech publishedin the journals indexed by Scopus and Web of Science using asystematic literature review approach. As shown in the frameworkproposed in this study, we found five elements of the entireobserved papers. The customer has been the most discussedelement among researchers of Islamic fintech. As Islamic fintech isstill in the early stage of development, no study in our observeddocuments discusses operations. It is one of the essential elementsto be investigated, seeing the dynamic of the business-operatingenvironment. This paper contributes to the literature by providingan up-to-date review. It is among the first reviews on this subjectusing the major academic databases and offering a more holisticframework than previous studies.JEL Classification: F65, Z12
伊斯兰金融科技研究的数量随着技术进步和金融科技本身的发展而增长。本研究旨在采用系统文献综述的方法，综述Scopus和Web of Science索引期刊上发表的关于伊斯兰金融科技的研究。如本研究中提出的框架所示，我们发现了完整论文的五个要素。客户一直是伊斯兰金融科技研究人员中讨论最多的因素。由于伊斯兰金融科技仍处于发展的早期阶段，我们观察到的文件中没有任何研究讨论运营。这是需要调查的基本要素之一，可以看到商业运营环境的动态。本文通过提供最新的综述对文献做出了贡献。它是第一批使用主要学术数据库对这一主题进行评论的研究之一，并提供了比以往研究更全面的框架。JEL分类：F65、Z12
{"title":"Islamic Fintech Research: Systematic Review using Mainstream Databases","authors":"E. Firmansyah, Budi Harsanto","doi":"10.15408/etk.v21i2.24602","DOIUrl":"https://doi.org/10.15408/etk.v21i2.24602","url":null,"abstract":"The number of Islamic financial technology (fintech) study growsalong with technological advancement and fintech itself. Thisstudy aims to review the studies on Islamic fintech publishedin the journals indexed by Scopus and Web of Science using asystematic literature review approach. As shown in the frameworkproposed in this study, we found five elements of the entireobserved papers. The customer has been the most discussedelement among researchers of Islamic fintech. As Islamic fintech isstill in the early stage of development, no study in our observeddocuments discusses operations. It is one of the essential elementsto be investigated, seeing the dynamic of the business-operatingenvironment. This paper contributes to the literature by providingan up-to-date review. It is among the first reviews on this subjectusing the major academic databases and offering a more holisticframework than previous studies.JEL Classification: F65, Z12","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43563271","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}
Pub Date : 2022-06-24DOI: 10.15408/etk.v21i2.24304
Khoirul Sukma, A. Kurnia
Despite increasing awareness of the importance of countercyclical policies to overcome financial system instability, the potential leak of such policies comes to attention due to economic agents' risk-taking behavior. This paper aims to investigate the potential leaks of the policy. Using the Estimator General Method of Moments-difference (GMM-diff), we found evidence that macroprudential policies are less functional in controlling non-financial firms' credit growth than household credit growth. The result amplifies hesitation about the effectiveness of macroprudential policy caused by potential leaks coming from non-financial firms' risk-taking behavior. We also found that macroprudential policy in developing countries is less effective than in developed countries. Hence, the financial stability goal cannot rely solely on macroprudential policy. Instead, it needs support from other mutual policies, such as the capital control policy and transparent regulatory boundaries, to prevent partial risk shift from regulated financial institutions to unregulated, prevalent in the less developed financial system.JEL Classification: E42, E44, E52, E58
{"title":"Diverse Outreach of Macroprudential Policy Effect on Household and Non-Financial Corporate Loan: An Indication of Macroprudential Policy Leak?","authors":"Khoirul Sukma, A. Kurnia","doi":"10.15408/etk.v21i2.24304","DOIUrl":"https://doi.org/10.15408/etk.v21i2.24304","url":null,"abstract":"Despite increasing awareness of the importance of countercyclical policies to overcome financial system instability, the potential leak of such policies comes to attention due to economic agents' risk-taking behavior. This paper aims to investigate the potential leaks of the policy. Using the Estimator General Method of Moments-difference (GMM-diff), we found evidence that macroprudential policies are less functional in controlling non-financial firms' credit growth than household credit growth. The result amplifies hesitation about the effectiveness of macroprudential policy caused by potential leaks coming from non-financial firms' risk-taking behavior. We also found that macroprudential policy in developing countries is less effective than in developed countries. Hence, the financial stability goal cannot rely solely on macroprudential policy. Instead, it needs support from other mutual policies, such as the capital control policy and transparent regulatory boundaries, to prevent partial risk shift from regulated financial institutions to unregulated, prevalent in the less developed financial system.JEL Classification: E42, E44, E52, E58","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49572097","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}
Pub Date : 2022-06-24DOI: 10.15408/etk.v21i2.25118
M. Sakanko, Jeremiah Nshe Manomi, Abubakar Ijoko, Usman Abdulkareem Audu
The study examines whether tax policies in Nigeria have similarimplications on the manufacturing sector’s output during the1994Q1-2020Q4 period using the ARDL bounds testing approach.The bounds testing result suggests the presence of cointegrationbetween tax policies and the manufacturing sector output. Further,the estimation results demonstrate that company income tax (CIT)and import tax are positively related to manufacturing sectoroutput. In contrast, value-added tax (VAT) has a negative effecton the manufacturing sector output, both in the short- and longterm.In addition, the results of the Granger causality test indicatea unidirectional causal relationship running from tax policies tothe manufacturing sector output and not vice versa. Thus, policiesand measures are recommended to prioritize the CIT and importtax, review the assortment in the VAT, and ensure accountabilityand transparency in the tax system.JEL Classification: C32, L60, H22
{"title":"Do Tax Policies in Nigeria Have Similar Implications for the Manufacturing Sector Output?","authors":"M. Sakanko, Jeremiah Nshe Manomi, Abubakar Ijoko, Usman Abdulkareem Audu","doi":"10.15408/etk.v21i2.25118","DOIUrl":"https://doi.org/10.15408/etk.v21i2.25118","url":null,"abstract":"The study examines whether tax policies in Nigeria have similarimplications on the manufacturing sector’s output during the1994Q1-2020Q4 period using the ARDL bounds testing approach.The bounds testing result suggests the presence of cointegrationbetween tax policies and the manufacturing sector output. Further,the estimation results demonstrate that company income tax (CIT)and import tax are positively related to manufacturing sectoroutput. In contrast, value-added tax (VAT) has a negative effecton the manufacturing sector output, both in the short- and longterm.In addition, the results of the Granger causality test indicatea unidirectional causal relationship running from tax policies tothe manufacturing sector output and not vice versa. Thus, policiesand measures are recommended to prioritize the CIT and importtax, review the assortment in the VAT, and ensure accountabilityand transparency in the tax system.JEL Classification: C32, L60, H22","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45358029","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}
Pub Date : 2022-06-24DOI: 10.15408/etk.v21i2.25559
T. T. Diep, Văn Thuận Nguyễn
This research analyzes the factors that affect the credit growthof the Vietnamese commercial banking system. This study usedata from the annual reports and financial statements of 16commercial banks listed on the HOSE, HNX, and UPCOMexchanges that have operated continuously from 2011 to 2020.Two linear regression models were employed with two dependentvariables: the credit growth rate and credit size. The findingsindicate that credit size in the previous period, the annualgrowth rate of capital mobilization, bank size, and return onassets (ROA) positively affect the credit growth of Vietnamesecommercial banks while liquidity ratio negatively affects them.Also, the bad debt ratio’s effect on credit growth is unclear. Hence,some suggestions and recommendations are given for commercialbanks to maintain stable, safe, and sustainable credit growth.JEL Classification: G21, E50, E52
{"title":"Factors Affecting Credit Growth of Vietnamese Commercial Banks","authors":"T. T. Diep, Văn Thuận Nguyễn","doi":"10.15408/etk.v21i2.25559","DOIUrl":"https://doi.org/10.15408/etk.v21i2.25559","url":null,"abstract":"This research analyzes the factors that affect the credit growthof the Vietnamese commercial banking system. This study usedata from the annual reports and financial statements of 16commercial banks listed on the HOSE, HNX, and UPCOMexchanges that have operated continuously from 2011 to 2020.Two linear regression models were employed with two dependentvariables: the credit growth rate and credit size. The findingsindicate that credit size in the previous period, the annualgrowth rate of capital mobilization, bank size, and return onassets (ROA) positively affect the credit growth of Vietnamesecommercial banks while liquidity ratio negatively affects them.Also, the bad debt ratio’s effect on credit growth is unclear. Hence,some suggestions and recommendations are given for commercialbanks to maintain stable, safe, and sustainable credit growth.JEL Classification: G21, E50, E52","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43970811","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}
Pub Date : 2022-06-24DOI: 10.15408/etk.v21i2.24131
Maghfira Rizky Maulani, N. Nuryakin, N. Hidayah
This study investigates the effect of knowledge, religiosity, andattitude on purchase intention. A more comprehensive studymodel is considered an effort to add to the literature on the studyof halal cosmetics, which is still very limited amid the progress ofthe halal cosmetics industry in Indonesia. The millennial samplewas used in this study and then analyzed using SEM. Accordingto the result, knowledge did not significantly impact purchaseintentions but played an essential role in influencing attitudes.Meanwhile, religiosity has been proven to significantly impact andcontribute the most to determining purchase intention but wasinsignificant in influencing attitudes. Finally, the result also foundthat attitudes mediated the influence of knowledge and religiosityon purchase intention. For this reason, industry players shouldpay more attention to religiosity in promoting their products.Consumers must be given additional knowledge to influencepositive consumer behavior, encouraging purchase intention. Theimplication of this study is limited to the millennial sample ofthe halal cosmetics product in Indonesia.JEL Classification: M31, M37
{"title":"Purchase Intention of Halal Cosmetics: The Mediating Role of Attitude","authors":"Maghfira Rizky Maulani, N. Nuryakin, N. Hidayah","doi":"10.15408/etk.v21i2.24131","DOIUrl":"https://doi.org/10.15408/etk.v21i2.24131","url":null,"abstract":"This study investigates the effect of knowledge, religiosity, andattitude on purchase intention. A more comprehensive studymodel is considered an effort to add to the literature on the studyof halal cosmetics, which is still very limited amid the progress ofthe halal cosmetics industry in Indonesia. The millennial samplewas used in this study and then analyzed using SEM. Accordingto the result, knowledge did not significantly impact purchaseintentions but played an essential role in influencing attitudes.Meanwhile, religiosity has been proven to significantly impact andcontribute the most to determining purchase intention but wasinsignificant in influencing attitudes. Finally, the result also foundthat attitudes mediated the influence of knowledge and religiosityon purchase intention. For this reason, industry players shouldpay more attention to religiosity in promoting their products.Consumers must be given additional knowledge to influencepositive consumer behavior, encouraging purchase intention. Theimplication of this study is limited to the millennial sample ofthe halal cosmetics product in Indonesia.JEL Classification: M31, M37","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48950831","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}
Pub Date : 2022-06-24DOI: 10.15408/etk.v21i2.24548
M. Sarfraz, M. Abdullah, S. Arif, Jasim Tariq, Ilknur Ozturk
This study examines the relationship between corporate social responsibility (CSR) perceptions and customer loyalty in the banking sector while considering the mediating effects of customer satisfaction, corporate image, corporate reputation, service quality between CSR activities and customer loyalty. A self-administered survey was conducted on the banking customers in Pakistan. Based on 221 customers' data, the analysis was performed using the structural equation modeling (SEM) approach. The study results show that CSR positively influences customer loyalty in the banking sector, customer satisfaction, corporate image, and service quality affect the customer-business relationship. Notably, a new finding from the study highlights the importance of the mediating role of corporate image and service quality in enhancing the effect of CSR on customer satisfaction. The research findings provide valuable insights to banks in developing counties on developing a CSR strategy to strengthen customer loyalty.JEL Classification: M19, L21, M10, D22
{"title":"How Corporate Social Responsibility Enhance Banking Sector Customer Loyalty in Digital Environment? An Empirical Study","authors":"M. Sarfraz, M. Abdullah, S. Arif, Jasim Tariq, Ilknur Ozturk","doi":"10.15408/etk.v21i2.24548","DOIUrl":"https://doi.org/10.15408/etk.v21i2.24548","url":null,"abstract":"This study examines the relationship between corporate social responsibility (CSR) perceptions and customer loyalty in the banking sector while considering the mediating effects of customer satisfaction, corporate image, corporate reputation, service quality between CSR activities and customer loyalty. A self-administered survey was conducted on the banking customers in Pakistan. Based on 221 customers' data, the analysis was performed using the structural equation modeling (SEM) approach. The study results show that CSR positively influences customer loyalty in the banking sector, customer satisfaction, corporate image, and service quality affect the customer-business relationship. Notably, a new finding from the study highlights the importance of the mediating role of corporate image and service quality in enhancing the effect of CSR on customer satisfaction. The research findings provide valuable insights to banks in developing counties on developing a CSR strategy to strengthen customer loyalty.JEL Classification: M19, L21, M10, D22","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49010401","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}
Pub Date : 2022-06-24DOI: 10.15408/etk.v21i2.25073
Buket Altınöz
This paper aims to determine the effect of agriculture sectordevelopment on CO2 emissions in 10 big emerging marketeconomies. This relationship is tested for the first time for emergingeconomies by using the panel quantile regression approach. Theresults suggest that agricultural value-added mitigate emissionsin lower, middle-lower, and upper quantile levels. This resultimplies that the agricultural sector is an effective policy toolin reducing pollution in these countries. Economic growth andnatural resources rent have a positive impact on pollution. Financialdevelopment only has an emission-reducing effect at the middleupperquantile level, while globalization has a negative impact onCO2 emissions both in the middle-upper and upper quantiles.These results justify the consideration of heterogeneous effects andallow clear policy implications. Moreover, the critical importanceof agricultural policies for environmental quality in these countriesis emphasized with concrete evidence.JEL Classification: O13, Q56, C33
{"title":"The Nexus among Agriculture Sector Development and Environmental Degradation in Emerging Economies","authors":"Buket Altınöz","doi":"10.15408/etk.v21i2.25073","DOIUrl":"https://doi.org/10.15408/etk.v21i2.25073","url":null,"abstract":"This paper aims to determine the effect of agriculture sectordevelopment on CO2 emissions in 10 big emerging marketeconomies. This relationship is tested for the first time for emergingeconomies by using the panel quantile regression approach. Theresults suggest that agricultural value-added mitigate emissionsin lower, middle-lower, and upper quantile levels. This resultimplies that the agricultural sector is an effective policy toolin reducing pollution in these countries. Economic growth andnatural resources rent have a positive impact on pollution. Financialdevelopment only has an emission-reducing effect at the middleupperquantile level, while globalization has a negative impact onCO2 emissions both in the middle-upper and upper quantiles.These results justify the consideration of heterogeneous effects andallow clear policy implications. Moreover, the critical importanceof agricultural policies for environmental quality in these countriesis emphasized with concrete evidence.JEL Classification: O13, Q56, C33","PeriodicalId":41552,"journal":{"name":"Etikonomi","volume":" ","pages":""},"PeriodicalIF":0.8,"publicationDate":"2022-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42336297","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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