Open Access Original Research Article

Factors Influencing Consumers’ Preference for Imported Rice in Kumasi Metropolis, Ghana

Margaret Aba Sam Hagan, Dadson Awunyo-Vitor

Asian Journal of Economics, Business and Accounting, Page 1-11
DOI: 10.9734/ajeba/2020/v15i130203

This study has examined the determinants of consumption of imported rice in the Kumasi Metropolis in the Ashanti Region of Ghana. Data was collected from households that were selected in the various sub-metros within the metropolis. In all 327 rice consumers were sampled and interviewed. Descriptive and inferential statistics involving the use of frequency, mean and standard deviation as well as the Probit regression model were used to analyse the data. The results revealed that age, gender, household size, income, education, and price were statistically significant. Education, gender and income influenced consumption of imported rice positively, while household size, age and price had a negative influence on consumption of imported rice. In conclusion, key factors which influence consumers’ preference for imported rice are education, income and household size. It is recommended that government enact law and develop policies to regulate importation of rice into the country and also improve upon the production of rice locally.

Open Access Original Research Article

The Impact of Financial Deepening on the Economy of Nigeria (1981-2018)

Udeme Okon Efanga, Chinelo Okanya Ogochukwu, Georgina Obinne Ugwuanyi

Asian Journal of Economics, Business and Accounting, Page 12-21
DOI: 10.9734/ajeba/2020/v15i130204

This study was carried out to investigate the impact of financial deepening on the Nigerian economy between 1981 and 2018. Data employed for this study was elicited from Central Bank of Nigeria Statistical Bulletin of 2018. This study employed real gross domestic product as proxy for economic growth in Nigeria (regress and), while ratio of money supply to gross domestic product, ratio of private sector credit to gross domestic product and ratio of market capitalization to gross domestic product were adopted as regressors. The co-integration test and Fully Modified Least Squares (FMOLS) Model were utilized to analyze data. Inferential results generated there from indicated that financial deepening had positive impact on the Nigerian economy within the period under review. To boost economic growth, we recommend at this time that monetary authorities implement monetary policies to increase money. In the same vein, Nigerian commercial banks should be encouraged to improve upon credit facilities made available to the private sector. Recognizing the positive impact of international capital, this study also recommends that Nigerian policy makers ease some of the many restrictions that currently limit entry of international capital. This singular act would most definitely lead to more companies being listed on the exchange. The result would be the attainment of even more depth to Nigeria’s economy.

Open Access Original Research Article

Key Drivers of Salesperson Performance: The Role of Sales Antecedents and Moderating Effect of Customer Directed Extra Role Behavior

Bilal Ahmad, Muhammad Imad ud Din Akbar

Asian Journal of Economics, Business and Accounting, Page 22-34
DOI: 10.9734/ajeba/2020/v15i130205

The salespersons are considered as one of the important sources while interacting between the company and its prospective customers. The purpose is to develop and test the model that involves salespersons performance in the pharmaceutical sector of Pakistan. Specifically, the study demonstrates the effects of salesperson creativity, adaptive selling behaviour, selling experience and customer directed extra-role behavior on salesperson performance. Adaptive selling behaviour has been taken as a mediator in this study. Individual salespersons in different pharmaceutical companies are the population of this study. Total 500 questionnaires were distributed among the salespersons, 367 useful responses were analyzed through structural education modeling (SEM). The results revealed that salesperson creativity has a positive and significant impact on adaptive selling behavior and performance. Furthermore, salespersons experience has significant impact on salesperson’s performance. Moreover, the adaptive selling behavior has positive and significant impact on salesperson’s performance. The research finding shows that the moderating role is stronger on the relationship among creativity, adaptive selling behaviour and salesperson performance but it is weaker on the relationship between salesperson experience and salesperson performance. This study is helpful to understand some indicators that could be highly influential on salesperson’s performance. The findings of this paper have some managerial implications for improvising sales team performance.

Open Access Original Research Article

Nexus of Economic Growth on Happiness and Inequality: Reexamine the Paradox

Debraj Roka

Asian Journal of Economics, Business and Accounting, Page 35-49
DOI: 10.9734/ajeba/2020/v15i130206

Economic Growth is the essence of capitalism and it has the paradoxical relation on happiness and an inverse relationship with inequality. Capitalism is fueling the inequality in terms of access, opportunities, production, and distribution. The paper entitled “Nexus of Economic Growth on Happiness and Inequality” is reexamined the paradox which estimated the effect of economic growth and income on happiness and inequality by analyzing 1080 observations from 2008 to 2016 period covered 120 countries. The main explained variable of this paper is happiness and major interested explanatory variables are GDP per capita, GDP growth and inequality. The paper applied fixed and random effect and Linear Dynamic Panel Data (LDPD)/generalized method of moment estimation method as its estimation strategy. This paper investigated the positive association between GDP growth and income with happiness and found that the increase of economic growth and income lead to increase inequality which has a negative association with happiness.

Open Access Original Research Article

Impact of Agricultural Policies on the Egyptian Cotton Sector Using Policy Analysis Matrix

Mohamed A. ELsamie, Tarek Ali, Moataz Eliw

Asian Journal of Economics, Business and Accounting, Page 50-59
DOI: 10.9734/ajeba/2020/v15i130207

The Egyptian cotton sector is considered one of the most important export strategic sectors in Egypt, where the Egyptian government takes many agricultural policies that lead to an increase in exports of that crop to foreign markets, as these policies that the government takes have a major impact on the producers of that crop, and this study examined the impact of Agricultural policies on the Egyptian cotton crop, using the policy analysis matrix to know the effect of government policies on the producers of that crop and also the impact of those policies on Egyptian exports of the cotton crop, and the results showed that when comparing the financial and economic performance of the elements of cotton crop production, the financial performance was less than the economic performance on all cost items except workers' wages [1], indicating that the Government is subsidizing cost items, thereby supporting cotton producers. Comparing the average variable costs of cotton during the study period financially and economically shows that the financial valuation exceeds the economic valuation, with the average variable costs of $418.36 at market prices [2] , amounting to $368.84 at world prices, The results also showed that the Nominal Protection Coefficient for the output of the Egyptian cotton in the period under study (2000-2017) was 0.74, indicating the lack of a fair production policy during that period, perhaps due to the fact that the value of the Nominal Protection Coefficient  for the production of the Egyptian cotton crop was lower than the correct one. It also indicated that the value of the Nominal Protection Coefficient for production supplies was 0.92, which indicates a decrease in government support for that crop compared to the value of the effective protection factor of 0.72 during the period under study (2000-2017). This indicates that the factor of the cost of domestic resources for the Egyptian cotton crop is 0.47, and this indicates that the Egyptian cotton has a comparative advantage in foreign markets, the study recommended Maintaining the foreign markets of the Egyptian cotton crop, as it has a global comparative and competitive advantage, and provides the state with foreign exchange, which contributes significantly to the Egyptian national economy.