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A Study on Life Insurance Fund Investment in Transportation Infrastructure
Issue:
Volume 8, Issue 4, December 2019
Pages:
128-133
Received:
6 September 2019
Accepted:
14 October 2019
Published:
23 October 2019
Abstract: Transportation infrastructure projects are often large in scale, and they require lots of long-term and concentrated funds, which is different from investments like stocks. With long-term saving function, life insurance funds own lots of stable long-term funds, whose nature matches the characteristics of infrastructure project gains, and can invest in large-scale transportation infrastructure and serve as a source of funds for long-term and stable investment in transportation infrastructure. It is necessary to fully understand the significance of life insurance fund investment in transportation infrastructure, and explore and study the similarities between life insurance fund and transportation infrastructure fund. This paper analyzes the significance of life insurance funds investing in transportation infrastructure construction, and argues that the role of life insurance funds investing in transportation infrastructure should be valued from the perspectives of macro environment, preservation and appreciation, regulatory system and cross-industry competition. By studying the characteristics of life insurance funds and the practice of life insurance funds investing in transportation infrastructure, the conclusion is that life insurance funds should invest more in transportation infrastructure construction. The main ways are to increase the asset allocation of transportation infrastructure, select the investment mode scientifically and establish the risk control system pertinently.
Abstract: Transportation infrastructure projects are often large in scale, and they require lots of long-term and concentrated funds, which is different from investments like stocks. With long-term saving function, life insurance funds own lots of stable long-term funds, whose nature matches the characteristics of infrastructure project gains, and can invest...
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Role and Determinants of Saving and Credit Cooperative on Financial Intermediation in Hadiya Zone, Southern Ethiopia
Abel Wudenah Abamagal,
Philipos Wudineh Abamagal
Issue:
Volume 8, Issue 4, December 2019
Pages:
134-141
Received:
4 July 2019
Accepted:
5 August 2019
Published:
14 November 2019
Abstract: This study aimed to assess role and determinants of saving and credit cooperative on financial intermediation in Hadiya Zone, in case of Lemo woreda and Hosanna town administrative. The main target of this study was in order to assess role of saving and credit cooperatives for their members in financial intermediation and to examine main determinants of saving and credit cooperatives activities on financial intermediation. Both primary and secondary data were used, the primary data was collected through structured questionnaire based on 156 members’ respondents of cooperative and 156 respondents from saving and credit cooperative total 312 respondents from both Lemo Woreda and Hosanna town. Secondary data were collected from all saving and credit cooperatives and other relevant organizations those from Lemo woreda and Hadiya zone cooperative and marketing organization. Data analysis is carried out with the help of various descriptive and econometric techniques that logit model. Descriptive method was employed to assess role of saving and credit cooperatives in financial intermediation and logit model were employed to identify determinants that influence their financial intermediation role on members. Analysis result implies that saving and credit cooperatives have significant role on their member’s resource mobilization or to enhance saving culture, creating credit provision on moderate financial intermediation. In case of factors that determine financial intermediation of cooperatives member’s participation on cooperatives, different training especially for cooperative administrative, sufficient supervision and audit system, and political disturbance or intervention on their objectives significantly influence financial intermediation performance.
Abstract: This study aimed to assess role and determinants of saving and credit cooperative on financial intermediation in Hadiya Zone, in case of Lemo woreda and Hosanna town administrative. The main target of this study was in order to assess role of saving and credit cooperatives for their members in financial intermediation and to examine main determinan...
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Socioeconomic Determinants of Child Mortality (Under Age One): Reported by Mothers of Reproductive Age in Punjab, Pakistan
Daud Rafique,
Muhammad Ali Bhatti,
Isaac Shahzad,
Suleman Shaukat
Issue:
Volume 8, Issue 4, December 2019
Pages:
142-148
Received:
29 August 2019
Accepted:
31 October 2019
Published:
14 November 2019
Abstract: The future of a nation lies in the hands of its children. Health of children should be the first priority of a nation. It is an indicator of social and economic development. Pakistan falls among high child mortality rate countries. The aim of this paper is to assess the socioeconomic determinants of child mortality in the Punjab. For this purpose, the study obtains data from Multiple Indicator Cluster Survey (2014), conducted by Punjab Bureau of statistics. The data were collected with the help of well-designed three questionnaires from 38,405 households of Punjab. The STATA is used to apply Logistic model to determine the factors affecting child mortality. The dependent variable is dichotomous in nature based on this question “Have you ever given birth to a boy or girl who was born alive but later died?” and response is either yes or no. According to the empirical results of the study, area of residence, source of drinking water, women ever attended school and their level of education, women media awareness, women smoking and wealth quintiles are important socioeconomic determinants of child mortality. But comparatively, wealth quintiles have greater influence on reducing child mortality. The study suggests some policies to improve the situation, e.g., allocation of more budget for health, initiative of health care programs for women and infant, particularly in rural areas of Punjab.
Abstract: The future of a nation lies in the hands of its children. Health of children should be the first priority of a nation. It is an indicator of social and economic development. Pakistan falls among high child mortality rate countries. The aim of this paper is to assess the socioeconomic determinants of child mortality in the Punjab. For this purpose, ...
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Two-way Interactive Effect Between Financial Pressure & Public Service Charges
Issue:
Volume 8, Issue 4, December 2019
Pages:
149-155
Received:
28 October 2019
Accepted:
18 November 2019
Published:
21 November 2019
Abstract: After the reform of the tax system, with the upward movement of financial power and the decentralization of power, the financial pressure of local governments in China has become increasingly prominent. As the previous model concluded, fiscal pressure may be the driving force behind the increase in local government public service charges. Therefore, it is necessary to study the interaction between financial pressure and public service charges. In this paper, it mainly researches two-way interactive effect between financial pressure and public service charges. The data of 31 provinces in China from 1999 to 2017 was used to construct the simultaneous equations model for fiscal pressure and public service charges, and then the empirical test was carried out for the interactive effect between the two with 3sls method. The research results show shown that there is an interactive effect between fiscal pressure and public service charges. That is, the public service charges is increased with the increase of fiscal pressures, explaining that when the government is facing financial pressure, the government will look for public service charges to make up for the gap in fiscal revenue and expenditure. The fiscal pressure is decreased with the increase of public service charges, explaining that public service charges are an effective way to ease financial pressure. In addition, the effect degree of the control variables related to financial autonomy and public service charges was analyzed in this paper.
Abstract: After the reform of the tax system, with the upward movement of financial power and the decentralization of power, the financial pressure of local governments in China has become increasingly prominent. As the previous model concluded, fiscal pressure may be the driving force behind the increase in local government public service charges. Therefore...
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