Revista y Edición

Volumen 8 (2022): Edición 1 (June 2022)

Volumen 7 (2021): Edición 2 (December 2021)

Volumen 7 (2021): Edición 1 (May 2021)

Volumen 6 (2020): Edición 2 (December 2020)

Volumen 6 (2020): Edición 1 (May 2020)

Volumen 5 (2019): Edición 2 (December 2019)

Volumen 5 (2019): Edición 1 (May 2019)

Volumen 4 (2018): Edición 2 (November 2018)

Volumen 4 (2018): Edición 1 (June 2018)

Volumen 3 (2017): Edición 2 (December 2017)

Volumen 3 (2017): Edición 1 (June 2017)

Volumen 2 (2016): Edición 2 (December 2016)

Volumen 2 (2016): Edición 1 (September 2016)

Volumen 1 (2015): Edición 1-2 (December 2015)

Detalles de la revista
Formato
Revista
eISSN
2459-5616
Publicado por primera vez
16 Apr 2016
Periodo de publicación
2 veces al año
Idiomas
Inglés

Buscar

Volumen 7 (2021): Edición 1 (May 2021)

Detalles de la revista
Formato
Revista
eISSN
2459-5616
Publicado por primera vez
16 Apr 2016
Periodo de publicación
2 veces al año
Idiomas
Inglés

Buscar

5 Artículos
Acceso abierto

Economic analysis of rice production by small-holder women farmers in Adamawa State, Nigeria

Publicado en línea: 29 May 2021
Páginas: 1 - 12

Resumen

Abstract

This study is focused on analysing the economics of rice production by the small-holder female rice-farmers in Adamawa State, Nigeria. Specifically, the study described female rice-farmers’ socio-economic characteristics, analysed their technical and allocative efficiencies, and also assessed their economic efficiency in the area. Primary data were collected from 180 randomly selected female rice-farmers in Adamawa State using a semi-structured questionnaire. Descriptive statistics and stochastic frontier function were used analysing the data collected. Findings of the study revealed that the technical in-efficiency of the farmers is influenced by farming experience, education, and access to credit facilities. Also, the allocative in-efficiency of female farmers was influenced by education, household size, and access to credits. The result showed that education and access to credit facilities were common factors affecting the technical and allocative efficiency of female rice farmers in the area. The mean economic efficiency of the female farmers was 0.6. Therefore, the study recommends that the government and other actors in the agricultural sector should facilitate women’s access to credit facilities and other agricultural information relevant to rice production.

Palabras clave

  • Adamawa state
  • efficiency
  • Nigeria
  • rice production
  • women

JEL Classification

  • Q12
  • Q18
Acceso abierto

Public sector innovation performance in Federation of Bosnia and Herzegovina: An exploratory factor analysis

Publicado en línea: 29 May 2021
Páginas: 13 - 30

Resumen

Abstract

Innovation has nowadays become the main force to cope with challenging times in the fast-changing world. The influence of public sector innovation (PSI) in resolving dynamic economical and societal challenges is undisputable. Regardless of the numerous advantages of innovation in the public sector (PS) which have been recognised worldwide, the concept of public sector innovation is still novel for the Federation of Bosnia and Herzegovina (FBiH). Moreover, there is limited empirical evidence which would facilitate the understanding of public sector innovation performance. The purpose of this paper is to identify main components of PSI performance. The primary research data was obtained through a survey with close-ended questions which was completed by the public sector institution employees in FBiH. The exploratory factor analysis (EFA) was used in order to determine the principal components of measuring public sector innovation performance. The EFA returned the factor-structures for all four suggested constructs, innovation capabilities, wider sector conditions for innovation, sources of information and the share of creative occupation, explaining between 65% and 78% of the variance of the innovation performance measurement construct. The results from the exploratory factor analysis provided a distinct estimation on the factor structure of measuring PSI. The paper has provided and analysed the first instrument in measuring public sector innovation performance in FBiH.

Palabras clave

  • exploratory factor analysis
  • government
  • innovation performance
  • public sector

JEL Classification

  • H11
  • O31
  • O32
Acceso abierto

Business and Economics Students’ Self-Reports on Academic Reading in English as L2: A Factor Analysis

Publicado en línea: 29 May 2021
Páginas: 31 - 42

Resumen

Abstract

Adequate reading behaviour is vital for text comprehension across fields. In today’s professional environment, a well-developed reading skill is also expected in English as a second language (EL2), which happens already in college, although transition to college-level reading may be difficult even in the first language. It is therefore useful to analyse students’ use of reading strategies to facilitate their academic progress. This study investigates the reading behaviour of junior students of business/economics when reading academic texts in EL2. We conducted an exploratory factor analysis (N=134) of a 45-item questionnaire about students’ awareness of reading strategies and their reading confidence (i.e. self-perceived competence in text retelling). The majority of the items were based on self-reports found in the literature (Kolić-Vehovec, Bajšanski, 2001; Mokhtari, Reichard, 2002; Taraban, Kerr, Rynearson, 2004) and several items were added to the questionnaire (e.g. questions related to note taking). Five factors were interpretable: four factors related to Metacognitive Awareness of Reading Strategies (Repeated Reading, Monitoring/Regulation, Note Taking and Elaboration) and the fifth factor covering self-perceived competence in text retelling (Reading Confidence). Internal consistency of the factors indicated by standardized Cronbach’s alphas were 0.83 (Repeated Reading), 0.80 (Monitoring and Regulation), 0.77 (Note Taking), 0.63 (Elaboration) and 0.75 (Reading Confidence). Three strategies positively correlated with each other (Repeated Reading, Monitoring/Regulation and Elaboration), while negative correlation was found between Note Taking and Reading Confidence. The results provide valuable information on the patterns in student reading as a baseline for further analysis of L2 text comprehension in college.

Palabras clave

  • business students
  • factor analysis
  • metacognitive awareness
  • reading strategies

JEL Classification

  • A22
  • I23
Acceso abierto

Auction theory and a note on game mechanisms

Publicado en línea: 29 May 2021
Páginas: 43 - 59

Resumen

Abstract

This paper will review important topics on the subject of auction theory and mechanism design, these include: efficiency first and foremost, also revenue comparison between different types of auctions and the issue of incentive compatibility, individual rationality with the general idea and proof that bilateral trade is inefficient. Mechanism design theory tells us that if buyers and sellers both have private information full efficiency is impossible, however Vickrey auction (single unit auction) will be efficient i.e. will put the goods in the hands of the buyers that value them most. However, the conclusion from this paper is that because of overvaluation of bidders the main result is inefficient, i.e. bids are too high. When weak and strong bidders are compared the main conclusion is that strong bidders’ expected payoff is higher in second price auction (SPA), while weak bidder prefers first price auction (FPA) bid.

Palabras clave

  • asymmetric auctions
  • first price auction
  • Green-Laffont
  • Myerson-Satterthwaite
  • second price auction

JEL Classification

  • D44
  • D82
Acceso abierto

Remittance in Niger: effects on economic growth and on migrants’ left behind

Publicado en línea: 29 May 2021
Páginas: 60 - 69

Resumen

Abstract

Remittances have long been an important source of revenue for many people in the Republic of Niger. In order to fight poverty, young people choose to migrate. In 2019, a total of 293 million U.S. dollars was sent by migrants to their relatives in Niger; that is 3% of Niger Gross Domestic Product (GDP). The objective of this study is to analyze the effects of remittances on economic growth in Niger and the significance of its contribution in improving the living condition of migrants’ left behind families. The study applies a three-step econometric procedure followed by a survey on the usage of the remittances in the city of Tahoua (Republic of Niger). The study also performed some tests on the residuals for the accuracy of the prediction of the model. The empirical results showed no long run relationship between remittances, economic growth and gross fixed capital formation in Niger. However, in the short-run, the study revealed the existence of causal effect between remittances and economic growth. On the other hand, the results of the conducted survey in the city of Tahoua showed that 45.7% of the received remittance is used in food expenditure, 19.3% in education expenditure, 10.36% in health expenditure and 5.4% is allocated to house rent. The survey also revealed the importance of the remittances for the left behind. It indicates that 14% of the respondent left behind wish to see another family member engage in migration.

Palabras clave

  • economic growth
  • left behind
  • Niger
  • remittance
  • Tahoua

JEL Classification

  • C32
  • F24
  • F43
  • O15
5 Artículos
Acceso abierto

Economic analysis of rice production by small-holder women farmers in Adamawa State, Nigeria

Publicado en línea: 29 May 2021
Páginas: 1 - 12

Resumen

Abstract

This study is focused on analysing the economics of rice production by the small-holder female rice-farmers in Adamawa State, Nigeria. Specifically, the study described female rice-farmers’ socio-economic characteristics, analysed their technical and allocative efficiencies, and also assessed their economic efficiency in the area. Primary data were collected from 180 randomly selected female rice-farmers in Adamawa State using a semi-structured questionnaire. Descriptive statistics and stochastic frontier function were used analysing the data collected. Findings of the study revealed that the technical in-efficiency of the farmers is influenced by farming experience, education, and access to credit facilities. Also, the allocative in-efficiency of female farmers was influenced by education, household size, and access to credits. The result showed that education and access to credit facilities were common factors affecting the technical and allocative efficiency of female rice farmers in the area. The mean economic efficiency of the female farmers was 0.6. Therefore, the study recommends that the government and other actors in the agricultural sector should facilitate women’s access to credit facilities and other agricultural information relevant to rice production.

Palabras clave

  • Adamawa state
  • efficiency
  • Nigeria
  • rice production
  • women

JEL Classification

  • Q12
  • Q18
Acceso abierto

Public sector innovation performance in Federation of Bosnia and Herzegovina: An exploratory factor analysis

Publicado en línea: 29 May 2021
Páginas: 13 - 30

Resumen

Abstract

Innovation has nowadays become the main force to cope with challenging times in the fast-changing world. The influence of public sector innovation (PSI) in resolving dynamic economical and societal challenges is undisputable. Regardless of the numerous advantages of innovation in the public sector (PS) which have been recognised worldwide, the concept of public sector innovation is still novel for the Federation of Bosnia and Herzegovina (FBiH). Moreover, there is limited empirical evidence which would facilitate the understanding of public sector innovation performance. The purpose of this paper is to identify main components of PSI performance. The primary research data was obtained through a survey with close-ended questions which was completed by the public sector institution employees in FBiH. The exploratory factor analysis (EFA) was used in order to determine the principal components of measuring public sector innovation performance. The EFA returned the factor-structures for all four suggested constructs, innovation capabilities, wider sector conditions for innovation, sources of information and the share of creative occupation, explaining between 65% and 78% of the variance of the innovation performance measurement construct. The results from the exploratory factor analysis provided a distinct estimation on the factor structure of measuring PSI. The paper has provided and analysed the first instrument in measuring public sector innovation performance in FBiH.

Palabras clave

  • exploratory factor analysis
  • government
  • innovation performance
  • public sector

JEL Classification

  • H11
  • O31
  • O32
Acceso abierto

Business and Economics Students’ Self-Reports on Academic Reading in English as L2: A Factor Analysis

Publicado en línea: 29 May 2021
Páginas: 31 - 42

Resumen

Abstract

Adequate reading behaviour is vital for text comprehension across fields. In today’s professional environment, a well-developed reading skill is also expected in English as a second language (EL2), which happens already in college, although transition to college-level reading may be difficult even in the first language. It is therefore useful to analyse students’ use of reading strategies to facilitate their academic progress. This study investigates the reading behaviour of junior students of business/economics when reading academic texts in EL2. We conducted an exploratory factor analysis (N=134) of a 45-item questionnaire about students’ awareness of reading strategies and their reading confidence (i.e. self-perceived competence in text retelling). The majority of the items were based on self-reports found in the literature (Kolić-Vehovec, Bajšanski, 2001; Mokhtari, Reichard, 2002; Taraban, Kerr, Rynearson, 2004) and several items were added to the questionnaire (e.g. questions related to note taking). Five factors were interpretable: four factors related to Metacognitive Awareness of Reading Strategies (Repeated Reading, Monitoring/Regulation, Note Taking and Elaboration) and the fifth factor covering self-perceived competence in text retelling (Reading Confidence). Internal consistency of the factors indicated by standardized Cronbach’s alphas were 0.83 (Repeated Reading), 0.80 (Monitoring and Regulation), 0.77 (Note Taking), 0.63 (Elaboration) and 0.75 (Reading Confidence). Three strategies positively correlated with each other (Repeated Reading, Monitoring/Regulation and Elaboration), while negative correlation was found between Note Taking and Reading Confidence. The results provide valuable information on the patterns in student reading as a baseline for further analysis of L2 text comprehension in college.

Palabras clave

  • business students
  • factor analysis
  • metacognitive awareness
  • reading strategies

JEL Classification

  • A22
  • I23
Acceso abierto

Auction theory and a note on game mechanisms

Publicado en línea: 29 May 2021
Páginas: 43 - 59

Resumen

Abstract

This paper will review important topics on the subject of auction theory and mechanism design, these include: efficiency first and foremost, also revenue comparison between different types of auctions and the issue of incentive compatibility, individual rationality with the general idea and proof that bilateral trade is inefficient. Mechanism design theory tells us that if buyers and sellers both have private information full efficiency is impossible, however Vickrey auction (single unit auction) will be efficient i.e. will put the goods in the hands of the buyers that value them most. However, the conclusion from this paper is that because of overvaluation of bidders the main result is inefficient, i.e. bids are too high. When weak and strong bidders are compared the main conclusion is that strong bidders’ expected payoff is higher in second price auction (SPA), while weak bidder prefers first price auction (FPA) bid.

Palabras clave

  • asymmetric auctions
  • first price auction
  • Green-Laffont
  • Myerson-Satterthwaite
  • second price auction

JEL Classification

  • D44
  • D82
Acceso abierto

Remittance in Niger: effects on economic growth and on migrants’ left behind

Publicado en línea: 29 May 2021
Páginas: 60 - 69

Resumen

Abstract

Remittances have long been an important source of revenue for many people in the Republic of Niger. In order to fight poverty, young people choose to migrate. In 2019, a total of 293 million U.S. dollars was sent by migrants to their relatives in Niger; that is 3% of Niger Gross Domestic Product (GDP). The objective of this study is to analyze the effects of remittances on economic growth in Niger and the significance of its contribution in improving the living condition of migrants’ left behind families. The study applies a three-step econometric procedure followed by a survey on the usage of the remittances in the city of Tahoua (Republic of Niger). The study also performed some tests on the residuals for the accuracy of the prediction of the model. The empirical results showed no long run relationship between remittances, economic growth and gross fixed capital formation in Niger. However, in the short-run, the study revealed the existence of causal effect between remittances and economic growth. On the other hand, the results of the conducted survey in the city of Tahoua showed that 45.7% of the received remittance is used in food expenditure, 19.3% in education expenditure, 10.36% in health expenditure and 5.4% is allocated to house rent. The survey also revealed the importance of the remittances for the left behind. It indicates that 14% of the respondent left behind wish to see another family member engage in migration.

Palabras clave

  • economic growth
  • left behind
  • Niger
  • remittance
  • Tahoua

JEL Classification

  • C32
  • F24
  • F43
  • O15

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