Research ArticleOpen accessIn the abstractUtilization of Holt's Forecasting Model for Zakat Collection in IndonesiaAkbarizan, Muhammad Marizal, M. Soleh et al.The practice of zakat is gaining popularity in Indonesia. This development is attributed to the strong role of the government in consistently developing zakat infrastructure and the increased awareness of people to practice zakat. Despite this success, a mechanism for predicting future zakat collection has not yet been developed. This study applies Holt's exponential smoothing and Auto-Regressive Integrated Moving Average … …American Journal of Applied Sciences, Vol. 13, Issue 12 · 22 Dec 2016 · 7,499 accessesView PDFCite
Research ArticleOpen accessIn the abstractAn Empirical Analysis of Supply Response of Rubber in MalaysiaGhulam Mustafa, Ismail Abd Latif, Henry EgwumaSupply response of rubber to changes in economic incentives is analysed using co-integration approach. Time series data is taken for the period 1990 to 2014 and the vector error correction model framework has been applied. The empirical results confirmed the existence of a unique long-run equilibrium relationship among planted acreage, the relative price of rubber and price of fertilizer. Further, … …American Journal of Agricultural and Biological Sciences, Vol. 11, Issue 4 · 25 Nov 2016 · 7,493 accessesView PDFCite
Research ArticleOpen accessIn the abstractSingle-Digit Inflation Targeting and Economic GrowthRichard AyisiIn recent times, most central banks have adopted inflation-targeting monetary policy approach aimed primarily to achieve single-digit inflation. Though, the literature suggest that low level of inflation promotes economic growth, the literature is silent on the threshold inflation level needed to promote growth. Studies in developing countries that seek to estimate the threshold level of inflation that promotes economic growth … …American Journal of Economics and Business Administration, Vol. 5, Issue 1 · 4 Sep 2013 · 7,364 accessesView PDFCite
Research ArticleOpen accessIn the abstractInflation and Financial Development: EvidenceEmmanuel Nii AbbeyThe study examined the impact of inflation on financial development in Ghana using quarterly time series data (1990-2008). It was in line with the empirical works that provided support for the proposition that inflation affects financial development negatively. While price stability has been emphasized in the literature to be the best antidote in addressing the problem, recent evidence of disagreements … …American Journal of Economics and Business Administration, Vol. 4, Issue 4 · 6 Jul 2013 · 7,912 accessesView PDFCite
Research ArticleOpen accessIn the abstractStock Market Development and Economic Growth an Empirical AnalysisVazakidis Athanasios, Adamopoulos AntoniosThis study investigated the causal relationship between stock market development and economic growth for Greece for the period 1978-2007 using a Vector Error Correction Model (VECM). Questions were raised whether stock market development causes economic growth taking into account the negative effect of interest rate on stock market development. The purpose of this study was to investigate the short-run and … …American Journal of Economics and Business Administration, Vol. 4, Issue 2 · 12 Jun 2012 · 13,859 accessesView PDFCite
Research ArticleOpen accessIn the abstractForecasting the Spanish Stock Market Returns with Fractional and Non-Fractional ModelsGuglielmo Maria Caporale, Juncal Cunado, Luis A. Gil-AlanaProblem statement: The content of this note was to assess the forecasting accuracy of various models of the Spanish stock market returns. Approach: We use daily data on the IBEX 35 for the time period January 4th, 2001-March 28th, 2006 and employ both fractional and non-fractional models. Results: The results on the prediction errors for the out-of-sample forecasts indicate that … …American Journal of Economics and Business Administration, Vol. 3, Issue 4 · 8 Dec 2011 · 7,316 accessesView PDFCite
Research ArticleOpen accessIn the abstractCredit Market Development and Economic Growth an Empirical Analysis for United KingdomAthanasios Vazakidis, Antonios AdamopoulosProblem statement: This study investigated the causal relationship between credit market development and economic growth for UK for the period 1975-2007 using a Vector Error Correction Model (VECM). Questions were raised whether economic growth spurs credit market development taking into account the negative effect of inflation rate on credit market development. This study aimed to investigate the short-run and the … …American Journal of Economics and Business Administration, Vol. 3, Issue 3 · 29 Nov 2011 · 7,238 accessesView PDFCite
Research ArticleOpen accessIn the abstractCredit Market Development and Economic Growth an Empirical Analysis for GreeceAthanasios Vazakidis, Antonios AdamopoulosProblem statement: This study investigated the relationship between credit market development and economic growth for Greece for the period 1979-2007 using a Vector Error Correction Model (VECM). Questions were raised whether economic growth spurs credit market development taking into account the negative effect of inflation rate on credit market development. This study aimed to investigate the short-run and the long-run … …American Journal of Applied Sciences, Vol. 8, Issue 6 · 13 Jun 2011 · 6,881 accessesView PDFCite
Research ArticleOpen accessIn the abstractEconomic Growth and Unemployment: An Empirical AnalysisFuad M. KreishanProblem statement: This research investigates the relationship between unemployment and economic growth in Jordan through the implementation of Okun’s law. Approach: Using annual data covering the period 1970-2008, time series techniques are used to test the relation between unemployment and economic growth and to obtain estimates for Okun’s coefficient. Namely, the study used Augmented Dickey-Fuller (ADF) for unit root, cointegration … …Journal of Social Sciences, Vol. 7, Issue 2 · 21 Mar 2011 · 12,609 accessesView PDFCite
Research ArticleOpen accessIn the abstractNapster and its Effects on the Music Industry: An Empirical AnalysisPatrick Mooney, Subarna Samanta, Ali H.M. ZadehProblem statement: In the mid to late 1990s the rise of the internet has led to the development of Peer-to-Peer networks (P2P), which allows for increased and rapid connectivity between individuals and has made the transfer of information and files as simple as clicking a button. Approach: The ability to connect so easily has had its share of positive and … …Journal of Social Sciences, Vol. 6, Issue 3 · 30 Sep 2010 · 10,074 accessesView PDFCite