Open Access Original Research Article

The Influence of Public Facilities on the Transaction Price of Multi-Family Residential in Xitun District

Ho-Wen Yang, Hsien-Chi Hsieh

Asian Journal of Economics, Business and Accounting, Page 1-11
DOI: 10.9734/ajeba/2020/v17i330260

The ratio of public area in Taiwan's multi-family residential is gradually increasing, and the items of public facilities are becoming more and more diversified. Most researches only classify them, however, it is rarely discussed how the connotation and diversity of public facilities affect residential transaction prices? This study intends to classify the public facilities in 22 multi-families residential near the Zhongke Shopping Plaza in Xitun District, Taichung City and give them diversity scores. The study uses hierarchical linear model for analysis, residential price as the dependent variable, diversity of public facilities scores as the independent variable of group-level, and public area, private area, age and floor as independent variables of individual-level. The empirical results found that floor, public area, and private area have positive and significant influence on residential transaction prices; when controlling the influence of individual-level explanatory variables on residential transaction prices, the diversity of public facilities at the group-level has a positive effect on the average residential transaction price of residential buildings.

Open Access Original Research Article

An Investigation into Change in Agricultural and Industrial Products Output-price Relationships Drawing from Nepalese Experience

Ghan Shyam Dhakal

Asian Journal of Economics, Business and Accounting, Page 12-19
DOI: 10.9734/ajeba/2020/v17i330261

Purpose: This research article explored the relationship between change in output and domestic price of both agricultural and industrial products and the variability or consistency of the annual growth rate of change in price and output of both agricultural and industrial sectors of Nepal.

Objectives: The research aimed to establish the relationship between change in the price of agricultural products and change in the price of industrial products in Nepal.

Methods: The study applied descriptive and analytical approaches to measure the relationship or correlation between changes in output and prices of products in the agricultural and industrial sectors. The parameters were analysed by comparing the standard deviation and coefficient of variation. The relation of agricultural and industrial product output with price is established by using a simple correlation analysis.

Limitations: Based on secondary data collected from various economic surveys of Nepal covering 17 years from fiscal year 2002/03 to 2018/19. It measured the relationship between the annual change in price and output of agricultural and industrial production using simple statistical tools like mean, standard deviation, and correlation.

Results: It was found that there is a moderate positive correlation between the change in price of agricultural and industrial products. Similarly, there is a low degree negative correlation between change in output and price in both the agricultural and industrial sectors.

Implications: There was a positive relationship between the price of agricultural products and industrial products. Therefore, it is necessary to give high priority to the development of the agricultural sector. Industrial development is impossible without the development of the agricultural sector because they are interdependent with each other. The agricultural sector and industrial sector are uplifted simultaneously. There was a low degree negative correlation between price and output of the product of both the agricultural and industrial sectors. Therefore, output increasing activities must be performed by private and public sectors.

Open Access Original Research Article

Savings Level and Investment Behaviour of Cooperative Farmers (Analysis and Prospects) in Jos East Local Government Area, Plateau State

Chizea Chizobam Iheoma, Alamanjo Cosmos Chidiebere

Asian Journal of Economics, Business and Accounting, Page 20-26
DOI: 10.9734/ajeba/2020/v17i330262

The study was carried out in Jos East Local government area Plateau state on savings level and investment behavior of cooperative farmers (Assessment and Prospects). A total of 99 respondents were purposively selected and cross-sectional data was collected using structured questionnaires, the data was analyzed using simple descriptive statistics and 4 point Likert scale. Findings showed that 35.4% of the respondents were between the ages brackets of 31-40 years, 58.6% were male. Also, 43.4% of the respondents  saved between 51,000 – 100,000 Naira annually and 40% of the respondents engaged in saving of food stuff which they sell when prices rises to get better price. The findings shows that the savings levels of cooperative farmers are low; also better investment should be harnessed to improve the income of the farmers. Cooperative societies are meant to provide marketing information, easy access to finance and other support to their members, but from our findings this is yet to be achieved.

Open Access Original Research Article

Export Diversification in Sub-Saharan Africa: What are the Explanatory Factors in Country Groups?

Ngouhouo Nji Ibrahim, Demgne Pouokam Veronique, Tchoffo Tameko Gautier

Asian Journal of Economics, Business and Accounting, Page 27-37
DOI: 10.9734/ajeba/2020/v17i330263

This study empirically analyses the determinants of export diversification, as measured by the Theil Diversification Index, which takes into account the different margins of diversification. The pooled mean group method is applied to a sample of 23 Sub-Saharan African (SSA) countries divided into three distinct groups according to their natural resource endowments. The results show that the quality of government negatively determines export diversification in all groups of countries while total resource rent negatively determines export diversification in resource-rich countries. In contrast to this result, the level of democracy and stability of government positively determines export diversification in non-oil resource-rich countries and trade openness promotes diversification in oil-exporting countries. As for foreign direct investment, it promotes export diversification in oil-exporting countries and resource poor countries. Thus, policymakers should focus on promoting industrialization in the agricultural and processing sectors by better targeting foreign direct investment or by investing resource income in productive infrastructure to improve the competitiveness and productivity of economies.

Open Access Original Research Article

Analysis of the Bank's Health Level and Its Effects on the Profitability of Sharia General Banks Listed in Indonesia's Financial Services Authority Period 2015-2018

Wieta Chairunesia

Asian Journal of Economics, Business and Accounting, Page 38-53
DOI: 10.9734/ajeba/2020/v17i330264

Aims: To analyze the level of health of sharia general banks in Indonesia and their effects on profitability.

Study Design: The research method used is quantitative descriptive research.

Place and Duration of Study: The sampling technique used was purposive sampling. The study was conducted a Sharia General Bank registered in the Indonesian Financial Services Authority with a research period of 2015-2018.

Methodology: The analytical method used is the inferential statistical analysis test using SmartPLS Professional 3.0 analysis tools, namely with a descriptive test, and inferential statistical analysis.

Results: Sharia Commercial Banks in the 2015-2018 period based on Non-Performing Finance (NPF) have a healthy predicate and have a negative significant effect on profitability. Based on the Fair to Healthy Ratio (FDR) predicate as Healthy, and no significant positive effect on profitability. Based on Good Corporate Governance (GCG) with a healthy predicate, and no significant positive effect on profitability. Based on Operating Efficiency Ratio (OER) with a healthy predicate, and a significant negative effect on profitability. Based on the Capital Adequacy Ratio (CAR) which is categorized as Very Healthy, and no significant positive effect on profitability.

Conclusion: Generally, Islamic commercial banks are in good health. However, the achievement of this soundness level is carried out by always striving to comply with the provisions given by Bank Indonesia, not optimizing the available resources so that the bank remains in a healthy condition while meeting the criteria of Bank Indonesia.