Open Access Original Research Article

A Study on Employer Branding in Seed Sector in Tamil Nadu

A. Anjali, S. D. Sivakumar, S. Hemalatha, P. Selvaraju

Journal of Economics, Management and Trade, Page 1-10
DOI: 10.9734/jemt/2020/v26i930285

As an agricultural country, seed sector is one among the important segments in India. In this competitive world, hiring and retaining talent is tough. Attracting the key talent to the right position can be pretty much impossible without solid employer brand. At present, turnover intention of employees is the universal problem that haunts the organization. The present study investigated the relationship between dimensions of employer branding (social value, interest value, application value, economic value and development value) and turnover intention of employees working in Tamil Nadu seed companies.

According to the survey conducted by Indian Seed Market for the year 2019, five seed companies were selected based on the respondent’s willingness to participate in the study. The participants were contacted through online. Google forms were sent to 390 respondents via mail and 150 usable responses were collected. Survey was conducted from March 2020 to June 2020. Ordinal logistic regression analysis was done to assess the relationship between employer branding and turnover intention.

The results showed that employer branding dimensions such as social value, interest value, development value was significantly negative to turnover intention, whereas application value and economic value showed non-significant relation. Hence, the study revealed that increase in employer branding resulted in lower turnover intention. Lower turnover rate further lead to reduction in hiring and training cost for new employees and thereby would increase organization’s profitability.

Open Access Original Research Article

Socio-Ecological Foundation of Marketable Surplus Generation in Agriculture: The Complexity and Compliances

Debraj Roy, S. K. Achaya, Arindam Ghosh, Debashis Mazumder, Swagata Ghoshal, Monirul Haque, Amitava Biswas

Journal of Economics, Management and Trade, Page 11-18
DOI: 10.9734/jemt/2020/v26i930286

The study was conducted on Rice and Poultry entrepreneurs in Memari-1 block, Purba Barddhaman district of West Bengal, India. This has been conducted to assess their socio-personal, agro-economical and techno-managerial skills. Several entrepreneurial aspects are considered in this study to portrait a well discernible picture of their entrepreneurship. The acquired data and other information was critically examined with several statistical tools like range, mean, standard deviation, variance, correlation coefficient, stepwise regression analysis, multiple regression analysis, factor analysis and cluster analysis. Total 18 variables were considered for the study in which 15 of them are independent variables and 3 of them dependent variables. Correlation coefficient is significant for the independent variables in case of one dependent variable i.e. produce marketed (y3). After performing Stepwise Regression analysis several satisfactory conclusions were drawn for the study which well described the current neo agricultural scenario in rural Bengal. It has been recorded that when the economic land is more, then the marketed surplus becomes lower as because small holdings entrepreneurs concentrate more in the production phase. Marketed surplus has a positive relationship with the Education level. It has been recorded that Marketed surplus has a positive relationship with electricity consumption also. Having a higher marketed surplus indicate more advancement and betterment in terms of entrepreneurial management and thus fuel use efficiency becomes more prominent and fuel consumption is reduced. It has been recorded that when the innovation proneness and market interaction is higher for the respondents, the marketed surplus is also higher.

Open Access Original Research Article

An Empirical Evaluation of the Bilateral Non-oil Export Trade Balance between Nigeria and Egypt: A Test of Marshall-Lerner Condition

Obasanmi, Jude Omokugbo, O. J. Imahe

Journal of Economics, Management and Trade, Page 19-27
DOI: 10.9734/jemt/2020/v26i930287

Bilateral trade is the exchange of goods between two nations promoting trade and investment. The two countries will reduce or eliminate tariffs, import quotas, export restraints, and other trade barriers to encourage trade and investment. The Marshall-Lerner (M-L) condition which is at the heart of the elasticities approach to the balance of Trade. The condition seeks to answer what happens to the current-account balance of a country when there is a devaluation of the currency. In this study, an empirical examination of the validation  of M-L Condition was examined in the Bilateral Non-Oil Export Trade Balance between Nigeria and Egypt for the period 1980 to 2018. The distributed lag (DL) mechanism was  used to estimate the short as well as the long run parameters. The results of the findings validated the M-L Condition in the trade relations with Egypt in the short and long run and that the M-L Condition is supported by data. The study amongst others recommended that for Nigeria to implement any devaluation policy, Nigeria must first and foremost ensure a substantial increase in her non-oil exports as against imports. This is the only way the benefits can be maximized   for the country.

Open Access Original Research Article

Exchange Rate Pass-through and Its Impacts on the Nigeria Economy

Obasanmi, Jude Omokugbo

Journal of Economics, Management and Trade, Page 44-53
DOI: 10.9734/jemt/2020/v26i930290

Exchange Rate Pass-Through is an approximation of international macroeconomic transmission of prices and thus has implications for the timing of economic policy interventions. Hence, the degree and speed of pass-through is important for formulating policy responses to economic shocks. In this study, the researcher evaluated some channels and impacts of exchanges rate pass-through on the Nigerian economy during the period spanning from 1981 to 2018. Unit root and co-integration tests, as well as the error regression analysis on the time series data for the period 1981-2018 were carried out. The empirical outcomes indicated that Exchange rate changes pass-through interest rate and inflation rate channels on both short and long run and thus significantly affected interest rates and prices of goods and service in Nigeria during the study period. These outcomes yielded key policy insights and outlook which made the researcher to recommend amongst others that Government should ensure that the interest rates are brought to a level that will enable producers access investible funds. When there is high level of funds for production, exports would likely increase ceteris paribus, there by an increase in the foreign exchange earnings for the country and an appreciation of the naira.

Open Access Original Research Article

Total Imports and Its Components Influence on Inflation in Kenya

Evans Ovamba Kiganda, Margaret Atieno Omondi

Journal of Economics, Management and Trade, Page 54-62
DOI: 10.9734/jemt/2020/v26i930291

Aim: The purpose of this study was to analyze the influence of total imports (TIMP) and its components of commercial imports (CIMP) and government imports (GIMP) on inflation in           Kenya.

Study Design: Quantitative approach was employed to analyze the influence of imports on inflation in Kenya.

Methodology: Monthly time series data from Central Bank of Kenya for the period 2005 to 2018 was used for analysis involving correlation analysis, variance decomposition, impulse response and Granger causality tests.

Results: Results indicated that total imports and commercial imports had negative influence on inflation while government imports did not significantly influence inflation in Kenya. Unidirectional causality from total imports and commercial imports to inflation was noted while there was no causality between government imports and inflation.

Conclusion: The study concluded that imports influence inflation in Kenya but commercial imports highly determined total imports influence on inflation in Kenya.

Open Access Original Research Article

Challenges and Prospects of Entrepreneurship in Bhutan from the Lens of Business Educators

Dhanapati Sharma, Khem Prasad Gautam

Journal of Economics, Management and Trade, Page 63-71
DOI: 10.9734/jemt/2020/v26i930292

Entrepreneurship plays an important role in generating employment opportunities, enhancing public income and promoting societal change, particularly in a budding economy like Bhutan. Given its importance to the country, this paper investigates the challenges faced by aspiring entrepreneurs and entrepreneurial ventures, and their future prospects in Bhutan. The paper adopts qualitative research methodology to study the perspective of business educators through a semi-structured interview with fifteen participants from Gedu College of Business Studies located at Gedu, Bhutan. The study reveals that, due to a range of challenges the aspiring entrepreneurs and the entrepreneurial ventures face today, the Bhutanese entrepreneurs have a long way to go before they can effectively drive changes in the economy. However, the findings suggest that there is a good prospect for the entrepreneurial ventures in the country, and the ventures will have an undue advantage if it can leverage on the technological support from other countries. To ease the way for entrepreneurs in the country, the study finds it important to encourage the consumption of indigenous products by discouraging the import of the goods and services that can be produced within the country, regulate the price of the home made product, explore market and marketing facilities beyond the country to encourage large scale production, initiate discussion about entrepreneurship and the associated benefits at school levels and also take adequate infrastructural facilities (water, electricity and transportation network) across all parts of the country.

Open Access Original Research Article

Economics and Profitability of Blackgram Production in Andhra Pradesh

G. P. Sunandini, Irugu Shakuntala Devi

Journal of Economics, Management and Trade, Page 72-77
DOI: 10.9734/jemt/2020/v26i930293

Blackgram is one of the important pulse crops grown throughout India, resistant to adverse climatic conditions. It is good source of vegetable protein which is three times more than the cereals. It plays an important role in Indian diet. Andhra Pradesh is one of the major blackgram producing states in India. The present study was taken up with an objective to find out the economics and profitability of blackgram in Andhra Pradesh. The data regarding cost of cultivation for combined Andhra Pradesh for different years were obtained from the Directorate of Economics and statistics, Ministry of Agriculture, Government of India. The results revealed that blackgram cultivation is profitable and rice fallow pulses cropping pattern can be encouraged in the state. The comparison of the gross returns and cost of cultivation revealed positive returns indicating that blackgram cultivation is profitable.

Open Access Data Articles

The Impact of Rewards on Employee Performance: A Study of Commercial Banks in Noakhali Region

Fatema Akter Jeni, Prantika Mutsuddi, Shaily Das, . Momotaj

Journal of Economics, Management and Trade, Page 28-43
DOI: 10.9734/jemt/2020/v26i930289

Rewards are benefits that come from performing a job, providing a service, or performing a duty. Rewards are one of the most important tools to encourage employees in the workplace. The goal of the reward system is to deliver positive results. The purpose of the study was to examine and analyze how the rewards system of the banking sector in Bangladesh helps employees to acquire work skills. The aim was to find out which aspects of the reward system work best and which aspects can be further improved and enhanced to increase employee satisfaction. The experimental part of the project was conducted using a quantitative research method. The size of the sample was 80. Data was collected with the help of questionnaires issued to the respondents working as ban bankers. The questionnaire consists of nine variables that are being used as rewards for employees. Frequency tables and graphs based on descriptive statistics were used in the study to provide information about variables in the population. The result shows that the mean for salary evaluation, bonus, benefit, promotion, recognition, career, responsibility learning opportunity from a low 2.82 to a high of 4.02. The responses of salary evaluation, benefit, promotion, career advancement show that employees consider this factor slightly important than factors as mean value is greater than 3.5. The standard deviation of promotion and responsibility shows that these variables have extensive responses than their mean as value indicates 0.98 and 0.94 respectively. The results of the study revealed how employees responded to current reward systems. The results conclude that reward systems have a significant effect on employees' attitudes toward work. The study suggested improving the reward system of companies to increase the level of satisfaction among employees.