1,720,957 research outputs found
Determinants of Commercial Bank Deposit Growth in Ethiopia
Full text linkThe study analysed the short and long-run impacts of endogenous and exogenous factors affecting deposit growth of the Commercial Bank of Ethiopia from 1974/75 - 2013/14. We employed the Vector Error Correction Model to establish the causal relationship among the variables of the study. Results show that exchange rate and branch expansion positively influence deposit growth contemporaneously both in the short-run and long-run while interest rate maintains positive but insignificant impact both in the long-run and short-run. Population and economic growth exhibit a positive relationship with deposit growth but significant only in the long-run. Moreover, inflation maintained a positive and significant impact in the long-run but negative in the short-run. Using the Granger causality test, it was found out a unidirectional causal flow from economic growth to deposit without any feedback while deposit growth has a bidirectional causality with branch expansion and economic growth implicating inflation affecting economic growth through investment. Finally, with error correction -0.0678, full adjustment from actual deposit to equilibrium would require about 15 years, implicating a slow speed of adjustment in every following year
Domestic Bank Merger and Acquisition in Ethiopia: a prudent strategy for efficiency and synergy gain
Full text linkDue to the expected Ethiopian government’s economic reforms, liberalization, and deregulation initiatives that might follow the country’s continued effort to join the WTO, industry shocks and bandwagon effects may trigger merger and acquisition waves in the banking sector. The current study analyzes the potential strategic and technical efficiency gains from potential domestic bank merger and acquisition (M&A) initiatives in Ethiopia. All the seventeen domestic banks operating in the country from 2013-2017 are part of the study. Input-oriented CRS-DEA and Bootstrapped Panel Tobit regression models were employed to analyze the overall scale efficiency gains among 664 hypothetical merger possibilities. Ownership structure and bank size were used to set context variables. The state-owned banks followed by medium, small, and large private banks scored the highest efficiency during the study period. The results indicate large private banks are the preferred banks offering the highest efficiency gains from M&A. Most of the M&A efficiency gains will be outcomes of a learning effect rather than a pure merger signposting little or no resource and service complementarity among merging units. Moreover, only private banks have an opportunity for a full-scale merger. We conclude no clear relationship between bank size and efficiency performance; the scale effect disfavors M&A among merging units, and the internal organizational theory largely explains the potential domestic bank M&A motives
Fiscal decentralization and macroeconomics stability nexus: Evidence from the Sub-national governments context of Ethiopia
No full textThis study aimed to investigate the effects of fiscal decentralization on Ethiopia's regional (Sub-national) macroeconomic stability. The study followed a causational research design employing data from 2005-to 2018. The units of analysis in the study are sub-national governments (SNGs). The study utilized the two-step System General Methods of Moment (SYS-GMM) model since it resolves econometric issues, including endogeneity, autocorrelation, and Heteroscedasticity. The study findings revealed that revenue and composite decentralization have significantly shielded macroeconomic instability. In contrast, expenditure and fiscal dependency are significantly aggravating macroeconomic instability. Among the control variables used in the study, regional economic growth and school enrollment significantly reduce macroeconomic instability; Foreign Direct Investment (FDI), population growth, unemployment rate, welfare, and public investment claimed the opposite effect on macroeconomic stability. The primary implication is that the federal government needs to give fiscal autonomy to SNGs since fiscal dependency is causing macroeconomic instability. Expenditure decentralization is also exacerbating macroeconomic instability; it is essential to have a mechanism to engender budget constraints and make SNGs accountable for their expenditure. Besides, to grasp the shielding effect of revenue decentralization from macroeconomic instability, there should be incentive devices to boost SNG's tax collection efforts. Since capital and welfare expenditures exacerbate macroeconomic instability, the study urges the government to follow a contractionary fiscal policy by cutting its expenditure. Finally, as opposed to prior studies, the present study used multiple fiscal decentralization indicators, making the study more thorough and closing the knowledge gap
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Full text link“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Appropriate Similarity Measures for Author Cocitation Analysis
Full text linkWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
Capital Adequacy and Credit Risk in Banking: The Moderating Role of Revenue Diversification
Full text linkCapital regulatory requirements are one of the prominent mechanisms to control bank credit risk-taking behavior and subsequently achieve financial stability. The study aimed to evaluate the moderating role of revenue diversification in the relationship between capital adequacy and credit risk behavior of 102 listed South Asian banks. We collected data from DataStream covering the period from 2011 to 2022. The study employed a fixed effect panel data model, system GMM, a two-step system dynamic panel estimation technique, and the Sargan test to analyze study results, resolve potential endogeneity problems, effectively use short time period and long cross-section dataset, and achieve instrument validity, respectively. We conclude that South Asian banks face low levels of credit risk and the interaction of revenue diversification with the capital adequacy ratio significantly and negatively reduces credit risk. The findings implicate little adverse selection problem among South Asian banks and the need for expanding non-traditional income sources while fulfilling regulatory capital requirements. 
Fiscal federalism and public service provision in Ethiopia: A mediating role of sub-national governments capacity
No full textAbstractThis study’s purpose is to assess fiscal federalism’s effect on public service provision in Ethiopia. The study adopted an explanatory research design. Considering 10 Sub-National Governments (SNGs) from 2005 to 2018, it employed Partial Least Square Structural Model (PLS-SEM). It also utilized Gaussian copula (GC) estimations since it helps to avoid the endogeneity. The study proved that expenditure decentralization significantly fosters public service provision. Revenue decentralization has no significant role in enhancing public service provision. Besides, though expenditure decentralization has adversely affected SNGs’ capacity, revenue decentralization positively contributes to SNGs’ capacity. On the one hand, SNG’s capacity plays a significant positive mediating role in the impact of revenue decentralization on public service provision. On the other hand, it negatively mediates the contribution of expenditure decentralization on public provision. The most important implication is that the government should raise revenue sources for SNGs and reduce federal grants. In addition, inter-governmental fiscal interactions should uphold the benefit principle and connectedness between the expenditure and revenue sides. The present study bridges gaps in the existing knowledge since it embraced ignored variables (i.e. SNG capacity) essential in the debates of fiscal federalism theories. Therefore, this makes the study more complete and gives a remedy for the piecemeal work of previous studies
Dispelling the Myths Behind First-author Citation Counts
Full text linkWe conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued
use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation
counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more
sophisticated methods
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