Pub Date : 2022-05-01DOI: 10.13189/aeb.2022.100202
Hasan Serkan Öztaşkın, Serap Bedir Kara
{"title":"Wagner's Law vs. Keynesian Hypothesis: Empirical Evidence for G20 Countries","authors":"Hasan Serkan Öztaşkın, Serap Bedir Kara","doi":"10.13189/aeb.2022.100202","DOIUrl":"https://doi.org/10.13189/aeb.2022.100202","url":null,"abstract":"","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47125444","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 : 2022-02-01DOI: 10.13189/aeb.2022.100101
Oscar Orellana, R. Fuentes
In this study, we propose a mathematical theory for building neoclassical production functions with homogeneous inputs in both aggregate and per capita terms. This theory is based on two concepts: Euler‟s equation and Cauchy‟s condition for first-order partial differential equations. The analysis is restricted to functions that exhibit constant returns to scale (CRS). For the function to meet the law of diminishing marginal returns, we present the necessary and sufficient conditions to be satisfied by the curve that defines Cauchy‟s condition. In this context, we also discuss the Inada conditions. We first present functions that depend on two inputs and then extend and discuss the results for functions that depend on several inputs. The main result of our research is the provision of a clean and clear theory for constructing neo-classical production functions. We believe that this result may contribute to closing the huge methodological gaps that separate schools of economic thought that defend or reject the use of production functions
{"title":"A Theory for Building NEO-Classical Production Functions","authors":"Oscar Orellana, R. Fuentes","doi":"10.13189/aeb.2022.100101","DOIUrl":"https://doi.org/10.13189/aeb.2022.100101","url":null,"abstract":"In this study, we propose a mathematical theory for building neoclassical production functions with homogeneous inputs in both aggregate and per capita terms. This theory is based on two concepts: Euler‟s equation and Cauchy‟s condition for first-order partial differential equations. The analysis is restricted to functions that exhibit constant returns to scale (CRS). For the function to meet the law of diminishing marginal returns, we present the necessary and sufficient conditions to be satisfied by the curve that defines Cauchy‟s condition. In this context, we also discuss the Inada conditions. We first present functions that depend on two inputs and then extend and discuss the results for functions that depend on several inputs. The main result of our research is the provision of a clean and clear theory for constructing neo-classical production functions. We believe that this result may contribute to closing the huge methodological gaps that separate schools of economic thought that defend or reject the use of production functions","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48522252","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 : 2021-12-01DOI: 10.13189/aeb.2021.090401
Efendi Efendi
The purposes of this research are: (1) to find types of costing of universities which apply financial management of public service agencies in vocational education that apply boarding school system, (2) to arrange the suitable process of business for improving its graduates’ competence doing more practice, (3) to know cost driver to be controlled for improving the effectiveness and efficiency. The result of this research shows that: (1) development of costing model at Poltekpel Surabaya and ATKP Surabaya through cost reduction program on cost drivers can increase competitiveness and independence in exploring sources and composition of costs, (2) planning and budget of Poltekpel Surabaya and ATKP Surabaya not yet maximal in using performance-based budgeting system, (3) need to simplify the business process at Poltekpel Surabaya and ATKP Surabaya, to compete in providing services to the community, (4) the financial management system Poltekpel Surabaya and ATKP Surabaya is good, transparent and accountable, by the provisions of the legislation, (5) the need to explore sources of financing derived from the use of assets and grants, (6) with the development of the model can increase the effectiveness and efficiency at Poltekpel Surabaya and ATKP Surabaya .
{"title":"The Costing Management Model Development at University which Applies Management of Public Service Agencies (Development Model in Poltekpel Surabaya and ATKP Surabaya)","authors":"Efendi Efendi","doi":"10.13189/aeb.2021.090401","DOIUrl":"https://doi.org/10.13189/aeb.2021.090401","url":null,"abstract":"The purposes of this research are: (1) to find types of costing of universities which apply financial management of public service agencies in vocational education that apply boarding school system, (2) to arrange the suitable process of business for improving its graduates’ competence doing more practice, (3) to know cost driver to be controlled for improving the effectiveness and efficiency. The result of this research shows that: (1) development of costing model at Poltekpel Surabaya and ATKP Surabaya through cost reduction program on cost drivers can increase competitiveness and independence in exploring sources and composition of costs, (2) planning and budget of Poltekpel Surabaya and ATKP Surabaya not yet maximal in using performance-based budgeting system, (3) need to simplify the business process at Poltekpel Surabaya and ATKP Surabaya, to compete in providing services to the community, (4) the financial management system Poltekpel Surabaya and ATKP Surabaya is good, transparent and accountable, by the provisions of the legislation, (5) the need to explore sources of financing derived from the use of assets and grants, (6) with the development of the model can increase the effectiveness and efficiency at Poltekpel Surabaya and ATKP Surabaya .","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43822745","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 : 2021-10-01DOI: 10.13189/aeb.2021.090302
M. Sabra
International aid to Palestinians is one of the highest in the world. Meanwhile, the need for such aid is on the increase. Under the strict occupation policies, whether political, economic or military, the majority of international aid is absorbed by the Israeli economy render the Palestinian economy completely dependent. Four simultaneous equations were estimated using the "Three Stage Least Squares" to detect the impact of Official Development Assistance (ODA) on growth, domestic savings, imports from the greater world and Israel. Available yearly time series data for Palestine from 2000 to 2019 used within the model were estimated. We estimate the international aid propensity to imports from the greater world and Israel, besides the impact on growth and domestic savings. We found that ODA is associated negatively with growth, crowds out domestic savings and increases imports from Israel more than from the greater world. ODA marginal propensity to import from Israel is twice and half higher than the marginal propensity to total imports, which indicates the influence of economic accords and occupation procedures. In addition, Israel absorbs directly one-fourth of each dollar donated to Palestinian economy, and higher absorption is potential in the long run. Correlation has been measured between ODA and Palestinian trade deficit with Israel, and we found that more than 87% of aid ends up in the Israeli economy. A series of recommendations were provided including ending of the unilateral trade union imposed by Israel.
{"title":"How Does Israel Absorb International Aid Meant for Palestinians","authors":"M. Sabra","doi":"10.13189/aeb.2021.090302","DOIUrl":"https://doi.org/10.13189/aeb.2021.090302","url":null,"abstract":"International aid to Palestinians is one of the highest in the world. Meanwhile, the need for such aid is on the increase. Under the strict occupation policies, whether political, economic or military, the majority of international aid is absorbed by the Israeli economy render the Palestinian economy completely dependent. Four simultaneous equations were estimated using the \"Three Stage Least Squares\" to detect the impact of Official Development Assistance (ODA) on growth, domestic savings, imports from the greater world and Israel. Available yearly time series data for Palestine from 2000 to 2019 used within the model were estimated. We estimate the international aid propensity to imports from the greater world and Israel, besides the impact on growth and domestic savings. We found that ODA is associated negatively with growth, crowds out domestic savings and increases imports from Israel more than from the greater world. ODA marginal propensity to import from Israel is twice and half higher than the marginal propensity to total imports, which indicates the influence of economic accords and occupation procedures. In addition, Israel absorbs directly one-fourth of each dollar donated to Palestinian economy, and higher absorption is potential in the long run. Correlation has been measured between ODA and Palestinian trade deficit with Israel, and we found that more than 87% of aid ends up in the Israeli economy. A series of recommendations were provided including ending of the unilateral trade union imposed by Israel.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43216762","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 : 2021-10-01DOI: 10.13189/aeb.2021.090301
Eddie G. Walker II, Mikayla Jones
Research has provided evidence for a relationship among donor perceptions of social responsibility, trust, commitment, and intentions to donate. One research area lacking is how donors and non-donors to an institution differ in those factors. Communication between an institution and stakeholders helps build understanding and support. One approach to communication strategies includes the varying involvement of the stakeholders. This study endeavors to accomplish two goals: 1) to fit the data from a purposive sample to a validated model; and 2) to examine differences between donors and non-donors on the factors within that model. Results indicated that the data from this case study fit the theoretical model. Also, while donors and non-donors defined the factors in the model in similar ways, there were differences between donors and non-donors related to the intensity of the relationships between factors. Donors demonstrated a stronger relationship between trust/commitment and commitment/intent than non-donors did. Non-donors demonstrated a stronger relationship between trust/intent than donors did. One implication of this study is that universities and athletic departments can use information from the results to aid them in communicating with donors and alumni during fundraising campaigns. Specifically, if you can communicate with stakeholders in a way that increases trust and commitment to the institution then they would likely strengthen the donation intentions of current donors and encourage non-donors to donate in the future. Future research can build upon this study by determining the effects that a stakeholder involvement communication strategy would have on non-donor donation intentions.
{"title":"Case Study: Examining the Differences between Donors and Non-donors to an Intercollegiate Athletics Department","authors":"Eddie G. Walker II, Mikayla Jones","doi":"10.13189/aeb.2021.090301","DOIUrl":"https://doi.org/10.13189/aeb.2021.090301","url":null,"abstract":"Research has provided evidence for a relationship among donor perceptions of social responsibility, trust, commitment, and intentions to donate. One research area lacking is how donors and non-donors to an institution differ in those factors. Communication between an institution and stakeholders helps build understanding and support. One approach to communication strategies includes the varying involvement of the stakeholders. This study endeavors to accomplish two goals: 1) to fit the data from a purposive sample to a validated model; and 2) to examine differences between donors and non-donors on the factors within that model. Results indicated that the data from this case study fit the theoretical model. Also, while donors and non-donors defined the factors in the model in similar ways, there were differences between donors and non-donors related to the intensity of the relationships between factors. Donors demonstrated a stronger relationship between trust/commitment and commitment/intent than non-donors did. Non-donors demonstrated a stronger relationship between trust/intent than donors did. One implication of this study is that universities and athletic departments can use information from the results to aid them in communicating with donors and alumni during fundraising campaigns. Specifically, if you can communicate with stakeholders in a way that increases trust and commitment to the institution then they would likely strengthen the donation intentions of current donors and encourage non-donors to donate in the future. Future research can build upon this study by determining the effects that a stakeholder involvement communication strategy would have on non-donor donation intentions.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48379178","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 : 2021-09-01DOI: 10.13189/aeb.2021.090202
Habiba Abou-hafs., Fadila Boutora
Entrepreneurial intent is a determining factor in entrepreneurship. It precedes the behavioral act of developing one's own business. Developing entrepreneurial intent requires gathering a number of necessary but not sufficient conditions. The present study will try to identify, based on a quantitative study conducted among 120 students involved in entrepreneurial competition projects organized in the city of Agadir (Morocco), the determinants of entrepreneurial intent. The arithmetic mean of 15 variables identified by literature review and interviews was calculated. The (t) test, principal component and regression analysis were used to classify, categorize and measure the links between the variables. The results indicate that the top five entrepreneurial intent determinants are Self-confidence, Self-Efficacy, Motivation, Technical and Technological Skills, Goal of fulfillment. The most important category of determinants is related to the attitudes and behaviors of students compared with the category of technical and professional factors and also the category of factors related to the family and social environment. These results can contribute to the entrepreneurship development in the city of Agadir (Morocco) by helping students to create their own business and therefore minimize unemployment.
{"title":"Entrepreneurial Intent: Contribution to Study the Determinants among Students Participating in Entrepreneurial Competition Projects","authors":"Habiba Abou-hafs., Fadila Boutora","doi":"10.13189/aeb.2021.090202","DOIUrl":"https://doi.org/10.13189/aeb.2021.090202","url":null,"abstract":"Entrepreneurial intent is a determining factor in entrepreneurship. It precedes the behavioral act of developing one's own business. Developing entrepreneurial intent requires gathering a number of necessary but not sufficient conditions. The present study will try to identify, based on a quantitative study conducted among 120 students involved in entrepreneurial competition projects organized in the city of Agadir (Morocco), the determinants of entrepreneurial intent. The arithmetic mean of 15 variables identified by literature review and interviews was calculated. The (t) test, principal component and regression analysis were used to classify, categorize and measure the links between the variables. The results indicate that the top five entrepreneurial intent determinants are Self-confidence, Self-Efficacy, Motivation, Technical and Technological Skills, Goal of fulfillment. The most important category of determinants is related to the attitudes and behaviors of students compared with the category of technical and professional factors and also the category of factors related to the family and social environment. These results can contribute to the entrepreneurship development in the city of Agadir (Morocco) by helping students to create their own business and therefore minimize unemployment.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41688887","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 : 2021-09-01DOI: 10.13189/aeb.2021.090201
J. P. Nelson
This paper extends an earlier study to compare two methods for meta-analysis of economic data: fixed-effect models and random-effects models. The models differ fundamentally in the ability to generalize beyond the sample in question. Both models are applied to estimates of pass-through rates for excise taxes on alcohol beverages. Using best-set data from 30 primary studies, weighted means are first reported and compared against a fully-passed tax or rate of unity. Dispersion and heterogeneity statistics are used to assess the performance of each model. Second, means and dispersion statistics are reported by subgroups for country source, beverage (beer, wine-spirits), and published status. Third, tests are conducted for publication selection bias using funnel plots and regression asymmetry tests. Fourth, three procedures are undertaken to reduce selection bias: trim-and-fill; cumulative meta-analysis; and meta-regressions. Three conclusions are reached in the paper. First, average pass-through rates are approximately unity regardless of beverage. Primary researchers should compare estimated rates against this value. Second, a random-effects model is more appropriate for these data, reflecting highly diverse estimates of pass-through rates. Third, greater attention needs to be given to the choice of model for meta-regressions in economics and related disciplines.
{"title":"Pass-Through Rates for Alcohol Beverage Excise Taxes: Fixed-Effect versus Random-Effects Meta-Analysis and Meta-Regressions","authors":"J. P. Nelson","doi":"10.13189/aeb.2021.090201","DOIUrl":"https://doi.org/10.13189/aeb.2021.090201","url":null,"abstract":"This paper extends an earlier study to compare two methods for meta-analysis of economic data: fixed-effect models and random-effects models. The models differ fundamentally in the ability to generalize beyond the sample in question. Both models are applied to estimates of pass-through rates for excise taxes on alcohol beverages. Using best-set data from 30 primary studies, weighted means are first reported and compared against a fully-passed tax or rate of unity. Dispersion and heterogeneity statistics are used to assess the performance of each model. Second, means and dispersion statistics are reported by subgroups for country source, beverage (beer, wine-spirits), and published status. Third, tests are conducted for publication selection bias using funnel plots and regression asymmetry tests. Fourth, three procedures are undertaken to reduce selection bias: trim-and-fill; cumulative meta-analysis; and meta-regressions. Three conclusions are reached in the paper. First, average pass-through rates are approximately unity regardless of beverage. Primary researchers should compare estimated rates against this value. Second, a random-effects model is more appropriate for these data, reflecting highly diverse estimates of pass-through rates. Third, greater attention needs to be given to the choice of model for meta-regressions in economics and related disciplines.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46592891","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: 10.13189/aeb.2021.090101
V. B. Edeminam
This study examines the impact of public debt on economic growth in Nigeria using annual time series data from 1990 to 2019 collected from Central of Nigeria statistical bulletin. The variables are Real GDP, public debt, Inflation, debt to GDP ratio, debt servicing to GDP ratio, and exchange rate. Empirical analysis was conducted using Augmented Dickey Fuller unit root test to check for stationarity. Johansen Cointegration test was used to determine long run relationship and Vector Error Correction Model to check for short run and long run impact of public debt on economic growth. Empirical results showed that the impact of public debt on economic growth was negative and significant in the long run. The impact of public debt on economic growth was negative but insignificant in the short run. In addition, the impact of ratio of debt servicing to GDP was significant and negative in the short and long run. There was no causality between public debt and economic growth. The study recommends that public authorities in Nigeria should reduce reliance on public debt and instead move towards increasing revenues through diversification of the export base of the economy and expanding the tax net. The study also recommends strengthening public institutions so that revenues collected, in the form of debt or other means can be adequately utilized on investments that are efficient.
{"title":"Impact of Public Debt on Economic Growth in Nigeria (1990 to 2019)","authors":"V. B. Edeminam","doi":"10.13189/aeb.2021.090101","DOIUrl":"https://doi.org/10.13189/aeb.2021.090101","url":null,"abstract":"This study examines the impact of public debt on economic growth in Nigeria using annual time series data from 1990 to 2019 collected from Central of Nigeria statistical bulletin. The variables are Real GDP, public debt, Inflation, debt to GDP ratio, debt servicing to GDP ratio, and exchange rate. Empirical analysis was conducted using Augmented Dickey Fuller unit root test to check for stationarity. Johansen Cointegration test was used to determine long run relationship and Vector Error Correction Model to check for short run and long run impact of public debt on economic growth. Empirical results showed that the impact of public debt on economic growth was negative and significant in the long run. The impact of public debt on economic growth was negative but insignificant in the short run. In addition, the impact of ratio of debt servicing to GDP was significant and negative in the short and long run. There was no causality between public debt and economic growth. The study recommends that public authorities in Nigeria should reduce reliance on public debt and instead move towards increasing revenues through diversification of the export base of the economy and expanding the tax net. The study also recommends strengthening public institutions so that revenues collected, in the form of debt or other means can be adequately utilized on investments that are efficient.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66222746","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: 10.13189/aeb.2021.090102
Rongyu Wang
In this paper, we discuss some properties of optimal consideration set in binary state continuous-action rational inattention decision problems. First, we show that it is the form of the utility function that determines the form of posterior distribution, i.e. whether it is a binary distribution or a triple or quadruple distribution, etc. Besides, we will also show that the posterior distribution may not be resulted after information acquisition in some circumstances. Second, we show that the optimal consideration set is essentially the optimal action strategies. Therefore, without further conditions, the rational inattention decision model is unidentifiable. Third, in order to identify the rational inattention decision model, we introduce another condition to the model. The discrete actions after information acquisition that satisfy the endogenously-determined probability (optimal action strategies) should satisfy the properties of probabilities, and therefore the discrete actions should also follow an exogenous probability distribution. This idea is tested by an example with quadratic utility function. Through this example, we find that under this condition, the optimal consideration set can be identified. The elements in the optimal consideration set, or equivalently the discrete signals after information acquisition, exhibit a curve or curves.
{"title":"The (Un)identification of Continuous-Action Rational Inattention Decision Models","authors":"Rongyu Wang","doi":"10.13189/aeb.2021.090102","DOIUrl":"https://doi.org/10.13189/aeb.2021.090102","url":null,"abstract":"In this paper, we discuss some properties of optimal consideration set in binary state continuous-action rational inattention decision problems. First, we show that it is the form of the utility function that determines the form of posterior distribution, i.e. whether it is a binary distribution or a triple or quadruple distribution, etc. Besides, we will also show that the posterior distribution may not be resulted after information acquisition in some circumstances. Second, we show that the optimal consideration set is essentially the optimal action strategies. Therefore, without further conditions, the rational inattention decision model is unidentifiable. Third, in order to identify the rational inattention decision model, we introduce another condition to the model. The discrete actions after information acquisition that satisfy the endogenously-determined probability (optimal action strategies) should satisfy the properties of probabilities, and therefore the discrete actions should also follow an exogenous probability distribution. This idea is tested by an example with quadratic utility function. Through this example, we find that under this condition, the optimal consideration set can be identified. The elements in the optimal consideration set, or equivalently the discrete signals after information acquisition, exhibit a curve or curves.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66223215","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 : 2020-11-01DOI: 10.13189/aeb.2020.080601
Moumita Karmoker, Md. Uzzal Mia, Rumana Biswas, Md. Julhaz Hossain, Mst. Anjuman Ara, M. Alim
The transition from education to work is a crucial challenge for several young people in many countries. University graduates and other recently graduated people mainly face this challenge that leads to extreme unemployment. This indicates that a growing number of graduates fail to find their expected jobs around the globe. This study attempts to investigate the entrepreneurial intention of university graduates in the context of Bangladesh. The conceptual framework of this study was developed based on the Theory of Planned Behavior (TPB) and surveyed 235 university graduates. The collected data were analyzed by using Partial Least Squares–based Structural Equation Modeling (PLS-SEM). The findings of this study clearly demonstrate that career adaptability, risk-taking propensity, and institutional learning play a significantly positive role in developing the entrepreneurial self-efficacy of university graduates. The overall entrepreneurial self-efficacy of the graduates strongly influences their entrepreneurial intention. The study presents notable theoretical and practical implications that can be useful for policy-makers, higher educational institutions, and the Bangladeshi government as a course of action. Finally, conclusions, limitations, and future research directions are outlined.
{"title":"Entrepreneurial Intention of University Graduates of Bangladesh: Looking for New Economic Opportunities","authors":"Moumita Karmoker, Md. Uzzal Mia, Rumana Biswas, Md. Julhaz Hossain, Mst. Anjuman Ara, M. Alim","doi":"10.13189/aeb.2020.080601","DOIUrl":"https://doi.org/10.13189/aeb.2020.080601","url":null,"abstract":"The transition from education to work is a crucial challenge for several young people in many countries. University graduates and other recently graduated people mainly face this challenge that leads to extreme unemployment. This indicates that a growing number of graduates fail to find their expected jobs around the globe. This study attempts to investigate the entrepreneurial intention of university graduates in the context of Bangladesh. The conceptual framework of this study was developed based on the Theory of Planned Behavior (TPB) and surveyed 235 university graduates. The collected data were analyzed by using Partial Least Squares–based Structural Equation Modeling (PLS-SEM). The findings of this study clearly demonstrate that career adaptability, risk-taking propensity, and institutional learning play a significantly positive role in developing the entrepreneurial self-efficacy of university graduates. The overall entrepreneurial self-efficacy of the graduates strongly influences their entrepreneurial intention. The study presents notable theoretical and practical implications that can be useful for policy-makers, higher educational institutions, and the Bangladeshi government as a course of action. Finally, conclusions, limitations, and future research directions are outlined.","PeriodicalId":91438,"journal":{"name":"Advances in economics and business","volume":"8 1","pages":"311-320"},"PeriodicalIF":0.0,"publicationDate":"2020-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46709401","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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