Pub Date : 2021-01-01DOI: 10.18488/journal.62.2021.82.119.133
Grace Njeru, J. Gathiaka, P. Kimuyu
JEL Classification: L94; L51; L11. Kenya has been struggling with increasing electricity tariffs. Several regulatory reforms introduced in the sector have not succeeded in lowering the electricity tariffs necessitating the need to investigate the push factors of tariffs. This study explained electricity tariffs by exploring the drivers of Kenya Power and Lighting Company (KPLC) tariffs and the scale of operation of KPLC. Using cost time series data from KPLC for the period 1986 to 2016 and Autoregressive distributed lag model (ARDL) an average cost function for KPLC was estimated. The results indicated average tariffs of electricity increased with price of labour and system losses and decreased with output and system load factor. KPLC was found to be enjoying economies of scale and density. Transmission and distribution of power should therefore be retained as a natural monopoly. The Government of Kenya should continue reforming power supply to reduce the system losses and price of labour. Incentives aimed at increasing the system load factor such as special tariffs should be introduced.
{"title":"Explaining Electricity Tariffs in Kenya","authors":"Grace Njeru, J. Gathiaka, P. Kimuyu","doi":"10.18488/journal.62.2021.82.119.133","DOIUrl":"https://doi.org/10.18488/journal.62.2021.82.119.133","url":null,"abstract":"JEL Classification: L94; L51; L11. Kenya has been struggling with increasing electricity tariffs. Several regulatory reforms introduced in the sector have not succeeded in lowering the electricity tariffs necessitating the need to investigate the push factors of tariffs. This study explained electricity tariffs by exploring the drivers of Kenya Power and Lighting Company (KPLC) tariffs and the scale of operation of KPLC. Using cost time series data from KPLC for the period 1986 to 2016 and Autoregressive distributed lag model (ARDL) an average cost function for KPLC was estimated. The results indicated average tariffs of electricity increased with price of labour and system losses and decreased with output and system load factor. KPLC was found to be enjoying economies of scale and density. Transmission and distribution of power should therefore be retained as a natural monopoly. The Government of Kenya should continue reforming power supply to reduce the system losses and price of labour. Incentives aimed at increasing the system load factor such as special tariffs should be introduced.","PeriodicalId":53010,"journal":{"name":"International Journal of Business and Islamic Economics","volume":"71 1","pages":"119-133"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80413607","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 Problem of Distribution of Food Products and their Influence on the Decision of Purchasing in the Consumer a Case Study of Milk Products in the South, Algeria","authors":"Boudi Abdessamad, Azzouni Meriem, Bouzid Abdenour, Ait Kaci Azzou Redouane","doi":"10.18488/journal.62.2021.81.10.18","DOIUrl":"https://doi.org/10.18488/journal.62.2021.81.10.18","url":null,"abstract":"Article History Received: 22 June 2020 Revised: 14 October 2020 Accepted: 28 October 2020 Published: 12 November 2020","PeriodicalId":53010,"journal":{"name":"International Journal of Business and Islamic Economics","volume":"20 1","pages":"10-18"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83308613","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":"Innovation Efforts in the Face of Institutional Obstacles in Latin America","authors":"P. R. Costa, Vitor da Silva Bittencourt, C. Falaster, L. Carvalho, Angélica Pigola","doi":"10.18488/journal.62.2021.82.100.118","DOIUrl":"https://doi.org/10.18488/journal.62.2021.82.100.118","url":null,"abstract":"Article History Received: 12 October 2020 Revised: 18 November 2020 Accepted: 1 December 2020 Published: 14 December 2020","PeriodicalId":53010,"journal":{"name":"International Journal of Business and Islamic Economics","volume":"17 1","pages":"100-118"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83795711","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 : 2021-01-01DOI: 10.18488/journal.62.2021.82.70.80
H. Tsangari, Ioanna Mantara
JEL Classification: C12; C13; C2; G3; G4. This paper aims to examine the impact of the Brexit referendum on the financial performance of the pharmaceutical industry in the United Kingdom. We analyze daily data for the period 1/2000-10/2019, for the two largest British pharmaceutical firms, GlaxoSmithKline and AstraZeneca, as well as two European competitors, the Swiss Novartis and the German Bayer. We perform returns and volatility analysis, financial ratio analysis and regression analysis. Our empirical results are heterogeneous among firms, pinpointing strengths and weaknesses of the pharmaceutical firms. The Brexit decision has had a significant, positive effect on the stock returns of the two British firms, a negative effect for Bayer and no effect for Novartis, while lagged returns are significant only for the European firms. At least in the short-run, both British firms have gained considerably from the depreciation of the sterling and should aim to expand their overseas network and avoid prospective trade barriers and regulatory issues.
{"title":"Brexit Calling! Aftermath in the Pharmaceutical Industry","authors":"H. Tsangari, Ioanna Mantara","doi":"10.18488/journal.62.2021.82.70.80","DOIUrl":"https://doi.org/10.18488/journal.62.2021.82.70.80","url":null,"abstract":"JEL Classification: C12; C13; C2; G3; G4. This paper aims to examine the impact of the Brexit referendum on the financial performance of the pharmaceutical industry in the United Kingdom. We analyze daily data for the period 1/2000-10/2019, for the two largest British pharmaceutical firms, GlaxoSmithKline and AstraZeneca, as well as two European competitors, the Swiss Novartis and the German Bayer. We perform returns and volatility analysis, financial ratio analysis and regression analysis. Our empirical results are heterogeneous among firms, pinpointing strengths and weaknesses of the pharmaceutical firms. The Brexit decision has had a significant, positive effect on the stock returns of the two British firms, a negative effect for Bayer and no effect for Novartis, while lagged returns are significant only for the European firms. At least in the short-run, both British firms have gained considerably from the depreciation of the sterling and should aim to expand their overseas network and avoid prospective trade barriers and regulatory issues.","PeriodicalId":53010,"journal":{"name":"International Journal of Business and Islamic Economics","volume":"12 1","pages":"70-80"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75212862","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 tries to evaluate India’s concerns with AIFTA (Asean India Free Trade Agreement). The main objective of the paper is to study the Revealed Comparative Advantage Index of Indian exports in relation to ASEAN Countries. The RCA index reveals that India has comparative advantage in many product categories but we have not been able to utilize our advantage and in absolute terms is reflected by widening trade deficits with ASEAN nations. So an in depth analysis has been done to analyse India’s trade with ASEAN countries and also through RCA index Industry categories have been identified where India has revealed comparative advantage. Keywords: FTA’s, Trade deficit, Free Trade Agreements, ASEAN, Revealed Comparative Advantages (RCA) JEL Classification: F31, O34, F1.
{"title":"REVIEW OF ASEAN-INDIA FREE TRADE AGREEMENT USING REVEALED COMPARATIVE ADVANTAGE INDEX","authors":"Monika Jain","doi":"10.5281/ZENODO.4270498","DOIUrl":"https://doi.org/10.5281/ZENODO.4270498","url":null,"abstract":"This paper tries to evaluate India’s concerns with AIFTA (Asean India Free Trade Agreement). The main objective of the paper is to study the Revealed Comparative Advantage Index of Indian exports in relation to ASEAN Countries. The RCA index reveals that India has comparative advantage in many product categories but we have not been able to utilize our advantage and in absolute terms is reflected by widening trade deficits with ASEAN nations. So an in depth analysis has been done to analyse India’s trade with ASEAN countries and also through RCA index Industry categories have been identified where India has revealed comparative advantage. Keywords: FTA’s, Trade deficit, Free Trade Agreements, ASEAN, Revealed Comparative Advantages (RCA) JEL Classification: F31, O34, F1.","PeriodicalId":53010,"journal":{"name":"International Journal of Business and Islamic Economics","volume":"27 1","pages":"56-65"},"PeriodicalIF":0.0,"publicationDate":"2020-11-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77649910","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}
Factors influencing mobile shopping intention have been discussed very frequently in the literature. However, the effect of psychological reasons like loneliness on mobile shopping intention has received little attention in the consumer behaviour literature. Especially, there is a dearth of studies regarding how lonely consumers respond to mobile shopping intention when exposed to nostalgic advertising. Grounded on the Uses and Gratification Theory (UGT), this article conceptualizes that lonely consumer when exposed to nostalgic advertising may enter the flow state and eventually engage in mobile shopping. Consistent with prior literature, the authors consider four distinct dimensions of advertising-evoked personal nostalgia: past imagery, positive emotions, negative emotions, and physiological reactions. Marketers face considerable challenges when appealing to lonely consumers to engage in mobile shopping. This article provides a framework to aid marketers to successfully develop marketing strategies to engage lonely consumers in mobile shopping. Theoretical and managerial implications are discussed. Keywords: Loneliness, Nostalgic Advertising, Mobile Shopping Intention.
{"title":"THE EFFECT OF LONELINESS AND NOSTALGIC ADVERTISING ON MOBILE SHOPPING INTENTION: A CONCEPTUAL FRAMEWORK","authors":"R. Rajendran, C. Arun","doi":"10.5281/ZENODO.4253276","DOIUrl":"https://doi.org/10.5281/ZENODO.4253276","url":null,"abstract":"Factors influencing mobile shopping intention have been discussed very frequently in the literature. However, the effect of psychological reasons like loneliness on mobile shopping intention has received little attention in the consumer behaviour literature. Especially, there is a dearth of studies regarding how lonely consumers respond to mobile shopping intention when exposed to nostalgic advertising. Grounded on the Uses and Gratification Theory (UGT), this article conceptualizes that lonely consumer when exposed to nostalgic advertising may enter the flow state and eventually engage in mobile shopping. Consistent with prior literature, the authors consider four distinct dimensions of advertising-evoked personal nostalgia: past imagery, positive emotions, negative emotions, and physiological reactions. Marketers face considerable challenges when appealing to lonely consumers to engage in mobile shopping. This article provides a framework to aid marketers to successfully develop marketing strategies to engage lonely consumers in mobile shopping. Theoretical and managerial implications are discussed. Keywords: Loneliness, Nostalgic Advertising, Mobile Shopping Intention.","PeriodicalId":53010,"journal":{"name":"International Journal of Business and Islamic Economics","volume":"254 1","pages":"42-55"},"PeriodicalIF":0.0,"publicationDate":"2020-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79473578","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 revitalization of traditional markets has gradually begun since 2018. Market revitalization focuses on improving infrastructure and even adding other facilities like modern retail. Its purpose is surely to attract consumers to shop at traditional markets. Previous research has emphasized more on the impact of market revitalization on consumer interest in visiting and shopping, but it has less discussed the impact on traders. This study aimed at determining the impact of market revitalization on traders. Data collection was conducted by direct observation, documentation study, and interviewing 12 traders, of which 3 traders were interviewed on each floor. Adding one more person from market management and 12 visitors, to confirm the results of the seller interview. The results of the interview showed that there were problems overcame by traders, such as losing loyal customers, poor market layout so that not all traders had the opportunity to be visited, and maintenance of infrastructure, especially cleanliness. Keywords---consumer, market management, revitalization, traders, traditional market.
{"title":"Revitalization: new opportunities or new problems? The perspective of trader","authors":"N. Yulianti, Ayu Chandana Sri Kintani","doi":"10.31295/ijbem.v3n1.185","DOIUrl":"https://doi.org/10.31295/ijbem.v3n1.185","url":null,"abstract":"--The revitalization of traditional markets has gradually begun since 2018. Market revitalization focuses on improving infrastructure and even adding other facilities like modern retail. Its purpose is surely to attract consumers to shop at traditional markets. Previous research has emphasized more on the impact of market revitalization on consumer interest in visiting and shopping, but it has less discussed the impact on traders. This study aimed at determining the impact of market revitalization on traders. Data collection was conducted by direct observation, documentation study, and interviewing 12 traders, of which 3 traders were interviewed on each floor. Adding one more person from market management and 12 visitors, to confirm the results of the seller interview. The results of the interview showed that there were problems overcame by traders, such as losing loyal customers, poor market layout so that not all traders had the opportunity to be visited, and maintenance of infrastructure, especially cleanliness. Keywords---consumer, market management, revitalization, traders, traditional market.","PeriodicalId":53010,"journal":{"name":"International Journal of Business and Islamic Economics","volume":"3 1","pages":"177-185"},"PeriodicalIF":0.0,"publicationDate":"2020-10-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83966319","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":"PRECISION MARKETING: A MOBILE APPLICATION CASE FROM HONG KONG","authors":"E. Lau","doi":"10.18374/jibe-20-3.2","DOIUrl":"https://doi.org/10.18374/jibe-20-3.2","url":null,"abstract":"","PeriodicalId":53010,"journal":{"name":"International Journal of Business and Islamic Economics","volume":"55 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78011026","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":"DETERMINING FACTORS OF FISH PRODUCTION IN EGYPT","authors":"A. Mahmoud","doi":"10.18374/jibe-20-3.1","DOIUrl":"https://doi.org/10.18374/jibe-20-3.1","url":null,"abstract":"","PeriodicalId":53010,"journal":{"name":"International Journal of Business and Islamic Economics","volume":"43 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87140078","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":"CORONAVIRUS DISRUPTS THE UNITED STATES ECONOMY: A CONCEPTUAL INVESTIGATION","authors":"A. Mason","doi":"10.18374/jibe-20-3.6","DOIUrl":"https://doi.org/10.18374/jibe-20-3.6","url":null,"abstract":"","PeriodicalId":53010,"journal":{"name":"International Journal of Business and Islamic Economics","volume":"65 1","pages":"77-85"},"PeriodicalIF":0.0,"publicationDate":"2020-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91051617","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：