cover
Contact Name
Deni eko saputro
Contact Email
denny9598@yahoo.co.id
Phone
-
Journal Mail Official
rokhedie@yahoo.com
Editorial Address
-
Location
Kab. sleman,
Daerah istimewa yogyakarta
INDONESIA
Economic Journal of Emerging Markets
ISSN : 20863128     EISSN : 2502180x     DOI : -
Core Subject : Economy,
The Economic Journal of Emerging Markets (EJEM) is a peer-reviewed journal which provides a forum for scientific works pertaining to emerging market economies. Published every April and October, this journal welcomes original research papers on all aspects of economic development issues. The journal is fully open access for scholarly readers.
Arjuna Subject : -
Articles 391 Documents
Dampak Liberalisasi Keuangan dan Perdagangan Internasional Terhadap Pertumbuhan Ekonomi Indonesia 1970-2002 Astuti, Rini Dwi
Economic Journal of Emerging Markets Vol 10, No 1 (2005)
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v10i1.603

Abstract

The objective of this study was to examine the empirical relationship between finan¬cial and international trade liberalisation and long-run growth by using bank credit to the private sector as an indicator of financial liberalisation, and export plus import values as an indicator of international trade liberalisation. It argues that these indicators have a clear advantage over economic growth in Indonesia during 1970-2002. This study applies the en¬dogenous growth model and error correction model. It explores the joint impact of both fi¬nancial and international trade liberalisation and the impact of investment in physical and human capital on the growth of real income. The main findings are as follows: First, in short run, the study finds its measure of international liberalisation, physical and human capital investment to have a significantly positive effect on the economic growth, and it measure of financial liberalisation has no significantly positive effect on the economic growth. Second, in long run, except human capital investment, it finds the impact of physical capital invest¬ment, financial and international trade liberalisation on economic growth to be consistent with long-run growth theory. Keywords:    Endogenous Economic Growth; Financial and International Trade Liberalisa¬tion; Error Correction Model.
The relationship between unemployment and immigration with linear and nonlinear causality tests: Evidence from the United States Aslan, Alper; Altinöz, Buket
Economic Journal of Emerging Markets Volume 12 Issue 1, 2020
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol12.iss1.art2

Abstract

This paper investigates the relationship between the immigrant population and the unemployment rate in the United States for period from 1980 to 2013. For this purpose, firstly, coefficient of long and short run is estimated by using Autoregressive Distributed Lag (ARDL) method and then, linear and nonlinear causality test are applied. Findings/Originality: According to ARDL test results; there is a positive effect of immigration to the United States on the unemployment rate to in the long run. In other words, while there is no statistically significant relationship between two variables in the short run, an increase in the immigrant population increases the unemployment rate by 0.14 percent in the long run. The bootstrapped Toda-Yamamoto linear causality test results imply that there is no causal relationship between immigration and unemployment. Also, there is no nonlinear relationship between immigration population and unemployment rate in the United States.
Determinants of capital expenditure spending in Malaysian palm oil industries: A dynamic panel data analysis Mohd Hisham, Afza Asyura; Karim, Zulkefly Abdul; Khalid, Norlin
Economic Journal of Emerging Markets Volume 11 Issue 2, 2019
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol11.iss2.art9

Abstract

This study aims to investigate the determinants of capital expenditure (capex) for Malaysian palm oil companies listed at Bursa Malaysia.  The study uses the dynamic panel data analysis (generalized method of moment) estimation for the sample of 40 palm oil-oriented firms that spanning from year 2000 until 2016. Findings/Originality: The empirical findings revealed that, in the short run and the long run, the capex spending is significantly affected by the cash flow, sale growth, and world crude palm oil price. However, Average Q  significantly influences the capex decision in the long run only. Thus, the policy implication from this study suggests that palm oil-oriented firms should take into account the movement of world crude palm oil (CPO) price in designing their capital expenditure strategy. In addition, proper planning for managing firms’ cash flow and sale growth are also important for expanding their capex in future.
URBAN POVERTY: EVIDENCE FROM LAMPUNG PROVINCE Rifa'i, Ahmad
Economic Journal of Emerging Markets Volume 2 Issue 3, 2010
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.v2i3.2314

Abstract

One of the big issues in economic development is poverty. This paper models the poverty in Bandar Lampung and Metro cities in Lampung Province for the period of 2002 to 2007. It estimates a linear regression model using secondary data. The results show that per capita income and dependence ratio significantly influence the poverty, and that education level does not significantly influence the poverty. It also uncovers the existence of structural poverty in the area, indicated by the evidence of income in-equality.Keywords: Urban poverty, education, per capita income, dependence ratio, structural povertyJEL classification numbers: I32, R13
Analysis of consumer preferences for prepaid mobile internet packages in Iran: A Discrete Choice Experiment Sohrabi, Arya; Pishvaee, Mir Saman; Hafezalkotob, Ashkan; Bamdad, Shahrooz
Economic Journal of Emerging Markets Volume 12 Issue 1, 2020
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol12.iss1.art4

Abstract

As a first discrete choice experiment in Iran emerging telecommunication market, this paper studies consumer preferences for prepaid mobile internet packages with a combined software and paper-based interview. A two-stage Bayesian D-optimal design procedure is deployed to design choice sets of mobile internet packages from four main attributes. The utility structure and customers’ willingness-to-pay for mobile internet packages are analyzed. Findings/originality: The results indicate that even with a considerable price reduction, consumers avoid prepaying for data plans with commitment periods longer than six months and high traffic volume. Traffic volume and brand attributes are recognized as the two most influential factors on consumers’ behavior. Simulating the market demonstrates the competition between mobile internet operators in Iran market. The statistics express a significant effect of consumers’ current mobile operator on their preferences for the brand attribute.
The effect of the financial crisis on macroeconomic variables in Iraq, Iran, and Turkey Ahmed, Younis Ali; Rostam, Biaban Nwri; Mohammed, Burhan Ali
Economic Journal of Emerging Markets Volume 12 Issue 1, 2020
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol12.iss1.art5

Abstract

This study investigates the effect of financial crises on macroeconomic variables that include gross domestic product (GDP), export, inflation, and exchange rates, in some developing countries, namely Iraq, Iran, and Turkey, from 1980 to 2017. In doing so, it performed unit root and cointegration tests and employed generalized least square and panel dynamic least squares estimating methods. Findings/Originality: The empirical results show that the financial crises affect GDP, export, inflation, and exchange rates of the countries at different levels. While the Asian financial crisis shows a significant negative effect on GDP in Iran and Iraq, the global financial crisis exhibits a negative influence on export in all countries. Nevertheless, both Asian and global crises positively affect inflation because financial crises reduce expenditure at the family and government levels. Thus, governments worldwide attempt to minimize the inflation rate.
IMPACT OF MACROECONOMIC VARIABLES ON FOREIGN EXCHANGE RESERVES: A CASE FROM PAKISTAN Azeem, Muhammad; Khurshid, Muzammil
Economic Journal of Emerging Markets Volume 11 Issue 2, 2019
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol11.iss2.art5

Abstract

The study aims to investigate the effect of macroeconomic indicators on foreign reserves in Pakistan. A Vector Autoregressive (VAR) model has been used to estimate Pakistan?s foreign exchange reserves demand from the period of 1984 to 2015. Findings/Originality: The results indicate that macroeconomic variables such as remittances, exchange rate, the ratio of current account deficit to GDP and interest rate differential (measure as opportunity cost) determine the country?s long-run reserves demand function. Whereas, observed results show that demand of foreign reserves is highly sensitive to capital account vulnerability and less responsive to its opportunity cost. The Granger causality analysis shows that the various macroeconomic variables fail to cause reverse causality. It implies that in Pakistan the demand of reserves is driven by macroeconomic stability. The study is helpful for the country?s institutions to boost foreign reserves by controlling macroeconomics indicators. 
Willingness to pay and actual purchase decision for organic agriculture products in Vietnam Luu, Dung Tien
Economic Journal of Emerging Markets Volume 11 Issue 2, 2019
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol11.iss2.art1

Abstract

This article aims to investigate the determinants of willingness to pay and the actual purchase decision of organic agriculture products among consumers in Vietnam, one of the emerging markets. The study uses primary survey data of 210 consumers based on the logit and ordered logit regression models. Findings/Originality: The results confirmed that consumers' perceptions of external factors and product attributions, external factors (processing, packaging, and labelling, certification, supply of product), perceived health and nutrition of products, socioeconomic characteristics significantly influence on consumer’s willingness to pay and actual purchase decision for organic foods in the context of Vietnam market. These results of the study provided insights for marketers on the key variables that could be used for promoting more widespread consumption of organic foods in the country.
Economics of agritourism development: An Iranian experience Askarpour, Mohammad Hossein; Mohammadinejad, Amir; Moghaddasi, Reza
Economic Journal of Emerging Markets Volume 12 Issue 1, 2020
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol12.iss1.art8

Abstract

Agritourism is known as a means of identification and realization of various on-farm and off-farm attractions existing in rural areas. This study aims at exploring the main determinants of agritourism development in Iran. Data were obtained via field survey and interview with 115 sample farmers from areas currently presenting agritourism services. By using a multinomial logit model, the impacts of theoretically expected variables were estimated. Findings/Originality:  Education is the main driver of agritourism development. The programs aiming at increasing the knowledge of farmers regarding different advantages of agritourism should be paid special attention by the government. The result also indicates direct effect of diversified crops and services on probability to get involved in agritourism business. Provision of more crops and services on the farm generates more attraction for tourists and can lead to development of agritourism. In addition, farm size revealed same association, while the age of farmers has an adverse effect on provision of agritourism.
Risk-adjusted and Bonferroni-adjusted seasonality in emerging Asian stock markets Aslam, Faheem; Memon, Bilal Ahmed; Mughal, Khurram Shahzad
Economic Journal of Emerging Markets Volume 12 Issue 1, 2020
Publisher : Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/ejem.vol12.iss1.art7

Abstract

Existing literature on market seasonality focuses mainly on returns anomalies with little or no attention to risk adjustment. This study investigates risk-adjusted, and Bonferroni adjusted day-of-the-week anomalies in nine emerging Asian stock markets. The data consist of the daily prices of nine stock indices from January 1997 to September 2019. The MSCI emerging market index was employed as a proxy of time-varying risk. Findings/originality: The results confirm the presence of day-of-the-week anomalies in emerging Asian markets, and the addition of the market risk proxy has failed to fade these patterns. Finally, after consideration of time-varying risk premium and applying Bonferroni Correction type adjustment, several market anomalies remain. However, both adjustments partially eliminate the significance of these patterns. The presence of these anomalies suggests that little of this can be accounted for the MSCI-EM stock price index. The results also confirm that systematic risk level varies from Monday to Friday.

Page 1 of 40 | Total Record : 391


Filter by Year

1993 2021


Filter By Issues
All Issue Volume 13 Issue 1, 2021 Volume 12 Issue 2, 2020 Volume 12 Issue 1, 2020 Volume 11 Issue 2, 2019 Volume 11 Issue 1, 2019 Volume 10 Issue 2, 2018 Volume 10 Issue 1, 2018 Volume 9 Issue 2, 2017 Volume 9 Issue 1, 2017 Volume 8 Issue 2, 2016 Volume 8 Issue 1, 2016 Volume 7 Issue 2, 2015 Volume 7 Issue 1, 2015 Volume 6 Issue 2, 2014 Volume 6 Issue 1, 2014 Volume 5 Issue 2, 2013 Volume 5 Issue 1, 2013 Volume 4 Issue 2, 2012 Volume 4 Issue 1, 2012 Volume 3 Issue 3, 2011 Volume 3 Issue 2, 2011 Volume 3 Issue 1, 2011 Volume 2 Issue 3, 2010 Volume 2 Issue 2, 2010 Volume 2 Issue 1, 2010 Volume 1 Issue 3, 2009 Volume 1 Issue 2, 2009 Volume 1 Issue 1, 2009 Volume 13 Issue 3, 2008: Indonesian Version Volume 13 Issue 2, 2008: Indonesian Version Volume 13 Issue 2, 2008: English Version Volume 13 Issue 1, 2008: Indonesian Version Volume 13 Issue 1, 2008: English Version Volume 12 Issue 3, 2007 Volume 12 Issue 2, 2007 Volume 12 Issue 1, 2007 Volume 11 Issue 3, 2006 Volume 11 Issue 2, 2006 Volume 11 Issue 1, 2006 Vol 10, No 3 (2005) Vol 10, No 2 (2005) Vol 10, No 1 (2005) Vol 9, No 2 (2004) Vol 9, No 1 (2004) Vol 8, No 2 (2003) Vol 8, No 1 (2003) Vol 7, No 2 (2002) Vol 7, No 1 (2002) Vol 6, No 2 (2001) Vol 6, No 1 (2001) Vol 5, No 2 (2000) Vol 5, No 1 (2000) Vol 4, No 2 (1999) Vol 4, No 1 (1999) Vol 3, No 1 (1998) Vol 2, No 3 (1997) Vol 2, No 2 (1997) Vol 2, No 1 (1997) Volume 8, 1996 Volume 7, 1996 Volume 6, 1995 Volume 5, 1995 Volume 4, 1994 Volume 3, 1994 Volume 2, 1994 Volume 1, 1993 More Issue