cover
Contact Name
Ansari Saleh Ahmar
Contact Email
qems@ahmar.id
Phone
+6281258594207
Journal Mail Official
qems@ahmar.id
Editorial Address
Jalan Karaeng Bontomarannu No. 57 Kecamatan Galesong, Kabupaten Takalar Provinsi Sulawesi Selatan, Indonesia
Location
Unknown,
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INDONESIA
Quantitative Economics and Management Studies
ISSN : -     EISSN : 27226247     DOI : https://doi.org/10.35877/qems
Journal of Quantitative Economics and Management Studies (QEMS) is an international peer-reviewed open-access journal dedicated to interchange for the results of high-quality research in all aspects of economics, management, business, finance, marketing, accounting. The journal publishes state-of-art papers in fundamental theory, experiments, and simulation, as well as applications, with a systematic proposed method, sufficient review on previous works, expanded discussion, and concise conclusion. As our commitment to the advancement of science and technology, the QEMS follows the open access policy that allows the published articles freely available online without any subscription.
Articles 405 Documents
The Use of Customer value changing trends in business analysis Niknamian, Sorush
Quantitative Economics and Management Studies Vol. 1 No. 2 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (918.716 KB) | DOI: 10.35877/454RI.qems99

Abstract

With the development of competition in business and also today’s rapid changes in competitive market, understanding these changes are the key factor of being more efficient in markets. CRM which is known as basic structure for describing customer’s needs for efficiently understand customer’s behavior and finely get the maximum of market share and profit. There are major differences between B2B and B2C businesses such as long term purchase cycle, purchase interests and the amount of the transactions. These differences needs more interactive strategies. The knowledge that gets from CRM is extremely related to market changes. In recent years data mining increasingly help organizations to get and understand customer’s behavior. But with the rapid changes in market these procedures must be change too. Change mining as the higher order of data mining tries to get knowledge by analysis patterns instead of data. In this paper we attempt to calculate customer’s value by using RFM model and K-MEANS clustering method and then analysis changes in deferent time periods. We tries to find out cluster transitions and most frequent customer value changing trend for proactive decision making. For this purpose we use customer purchase transactions in insurance industry which are gathered in 3 years.
Investigating The Unexpected Price Plummet And Volatility Rise In Energy Market: A Comparative Study of Machine Learning Approaches Ojugo, Arnold Adimabua; Otakore, Oghenevwede Debby
Quantitative Economics and Management Studies Vol. 1 No. 3 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (658.006 KB) | DOI: 10.35877/454RI.qems12119

Abstract

The energy market aims to manage risks associated with prices and volatility of oil asset. It is a capital-intensive market that is rippled with chaos and complex interactions among its demand-supply derivatives. Models help users forecast such interactions, to provide investors with empirical evidence of price direction. Our study sought to investigate the reasons for the unexpected plummet in price of the energy market using evolutionary modeling – which seeks to analyze input data and yield an optimal, complete solution that are tractable, robust and low-cost with tolerance of ambiguity, uncertainty and noise. We adopt the Gabillon’s model to: (a) predict spots/futures prices, (b) investigate why previous predictions failed as to why price plummet, and (c) seek to critically evaluate values reached by both proposed deep learning model and the memetic algorithm by Ojugo and Allenotor (2017).
Predicting Futures Price And Contract Portfolios Using The ARIMA Model: A Case of Nigeria’s Bonny Light and Forcados Ojugo, Arnold Adimabua; Yoro, Rume Elizabeth
Quantitative Economics and Management Studies Vol. 1 No. 4 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (381.974 KB) | DOI: 10.35877/454RI.qems139

Abstract

Market prediction has been the goal of many study as investors sought traded assets since the inception of the capital market. With each asset exchanged for money, investors seek to stay ahead the market trend in the hope of amassing profits. Businesses’ growth (rise/fall) is evident upon their response to market behaviour. Thus, accurate prediction of the market often offers as its reward, enlarged financial portfolio. Market participants thus, seek to manage the risks associated with asset prices and its volatility, which can be rippled with chaos and complex tasks arising from a demand-supply curve. We seek to model the Oil market and forecast its price direction supported with empirical evidence using ARIMA model to analyze inputs in search of an optimal solution. We adopt the OPEC model to: (a) predict spot/futures-prices, (b) investigate why previous prediction was poor and price plummeted, and (c) compares value(s) from Ojugo and Yoro (2020) and Ojugo and Allenotor (2017). Results shows demand-supply curve rise (and a price rise) even though the policies and trend in real life scenario is currently experiencing a price plummet.
Intelligent Peer-To-Peer Banking Framework: Advancing The Frontiers of Agent Banking For Financial Inclusion In Nigeria Via Smartphones Ojugo, Arnold Adimabua; Otakore, Oghenevwede Debby
Quantitative Economics and Management Studies Vol. 1 No. 5 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (800.741 KB) | DOI: 10.35877/454RI.qems140

Abstract

The advent of the retail point of sale (POS) system as a critical component of the traditional retail infrastructure seeks to advance client payment-ease for goods and services rendered by vendors as well as the effective collection of funds by the vendor. It also aids the vendor to collect in advance monies that the client may wish to spend later on goods and services. Thus, the POS has since become a necessity in modern retail stores as its increased usage has seen a transformation from a single machine to a cloud and smart platforms. Our study seeks to model a conceptual framework for decentralized POS as adapted to smartphones. This will enhance cashless transaction irrespective of a customer’s location globally and locally. Built around the block-chain technology, it seeks to minimize challenge(s) of time, installation requirements incurred with the adoption of automatic teller machine (ATM), location and citing of agent-banking in a rural area with low tele- and tech-penetration.
COVID-19 Pandemic, Economic Loses and Education Sector Management Atuahene, Sampson; Kong, Yusheng; Bentum-Micah, Geoffrey
Quantitative Economics and Management Studies Vol. 1 No. 2 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (298.806 KB) | DOI: 10.35877/454RI.qems162

Abstract

The outbreak of the new coronavirus (COVID) started in December 2020. By far, the COVID-19 has affected over 26,547,419 individuals worldwide, with 874,424 deaths and 18,732,160 recoveries as of August 2020. The research aims at identifying the effects of COVID-19 on education sector management pointing out success stories of countries that have been able to overcome the hindrances that the pandemics have brought on the management of the various sectors of education, which other countries may adopt. From our analysis, we discovered that combating COVID-19; demands syndrome surveillance, immediate isolation of patients, and strict enforcement of all contact-persons, quarantine, and country lockdown/border closure. We further outlined ways in which COVID-19 (coronavirus) epidemics affect the education of emerging economies. Our article then summarizes the evidence of a negative impact that is likely to disrupt the education system and identifies some policy responses to mitigate the effects. We again realized that what could save education (school system) now and in the future is online learning which authorities should make available, accessible, and affordable especially for developing countries.
A Study on Women Empowerment and Entrepreneurial Intention among Small Business of Women Entrepreneurs in the Czech Republic Prabhu, J. Jose
Quantitative Economics and Management Studies Vol. 1 No. 5 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (283.327 KB) | DOI: 10.35877/454RI.qems176

Abstract

Entrepreneurship refers to establishing of a brand-new business to take advantages from brand-new chances. Entrepreneur is the vital element of entrepreneurship and also now women in Czech Republic are additionally effective in this as they have qualities preferable for entrepreneurship advancement. Entrepreneurship is a much ideal profession for women than regular work. Females are thought about an important human resource of the country and every state need to try to utilize them as arbitrators of economic growth and also advancement. Empowerment of women has actually become a vital concern in current times. This write-up manages empowerment of country females via entrepreneurship as well as the benefits entrepreneurship among the small company. "Economic empowerment of females resulted in development of household as well as Neighborhood". This principle purpose of the research study is to identify the economic empowerment of women business owners. The example size of the study is 100 respondents. The data collected went through online form structured questionnaire as well as the devices utilized for analysis percentage analysis and also ANOVA test. This declaration is confirmed by a cumulative small business entrepreneurship in the Czech Republic.
Sectorial Output Growth and Commercial Bank Credit Nexus in Nigeria Abina, Adedigba Praise; Obi, Emeka
Quantitative Economics and Management Studies Vol. 1 No. 1 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (531.177 KB) | DOI: 10.35877/454RI.qems177

Abstract

This study investigates the nexus between sectorial output growth and commercial bank credit in Nigeria. Sectorial output growth was broken down into three different proxies which include production sector, Commercial sector and Service sector contribution to gross domestic product while bank credit to production sector, general commerce and service sector served as the independent variables which are used to proxy commercial bank credit. The study made use of secondary data obtained from Central Bank of Nigeria Statistical bulletin for the period 1981 to 2019. It employed Descriptive Statistics, Phillips-Perron (PP) Unit Root Test, Simple Regression Analysis and Granger Causality Test. The Granger Causality result showed that bi-directional causality is identified in the three models while there were positive and significant relationship between bank credit to production sector, general commerce, service sector and production sector contribution to gross domestic product, general commerce sector contribution to gross domestic product and service sector contribution to gross domestic product respectively. The paper therefore recommends that the regulatory authorities should prioritize more on increasing and easing the requirements needed from deficit spenders to secure credit from commercial banks in Nigeria.
Comparison Analysis of Online Shop between Lazada and Shopee on Students of The Faculty of Economics and Business (FEB) Narotama University Surabaya, Indonesia Sadewo, Anarki Bayu; Baktiono, R. Agus
Quantitative Economics and Management Studies Vol. 1 No. 5 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (329.256 KB) | DOI: 10.35877/454RI.qems183

Abstract

This study aims to analyze differences in consumer satisfaction in buying products through the Online Shop between SHOPEE and LAZADA among FEB students of Narotama University Surabaya seen from the perception of how to use applications, promotions, prices, and satisfaction. This type of research is comparative research with a quantitative approach. The population in this study were students of the Faculty of Economics and Business at Narotama University who had used both Lazada and Shoppe online shop applications using purposive sampling in the research sample. The research data was obtained by distributing research questionnaires on How to Use, Promotion, Price, and Customer Satisfaction, to 85 respondents. The results showed that: (1) There are differences in the variable of how to use the application between the Lazada online shop and Shopee, (2) There is no difference in the variable promotional activities carried out between the Lazada online shop and Shopee, (3) There are differences in the product price variables offered between the Lazada online shop and Shopee, (4 There is no difference in the consumer satisfaction variable in shopping through the Lazada online shop with Shopee.
Religion and Economics : From the Transformation of the Human Capital Index (HCI) to the Economic Sovereignty of Islamic Boarding Schools in Indonesia Aji, Dede; Rosyad, Rifki
Quantitative Economics and Management Studies Vol. 1 No. 4 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (356.912 KB) | DOI: 10.35877/454RI.qems188

Abstract

The purpose of this study is to analyze the role of the boarding school leadership in improving the quality of human resources as a whole. The contribution of human resources is very important in the progress of this boarding school. The method used is through a phenomenological approach, in which the researcher is directly involved in the struggle of society and the students directly. Researchers observe and analyze and interview the parties who are directly related. The success of building a nation, starting from the development of human resources, HCL (Human Capital Index) plays a very important role in the development of civilization towards SGDs. The HCL component, which includes education, health and social security, has been implemented in the Idrisyah Islamic boarding school, as a Tarekat. The application of the HCL principles greatly impacts on sustainable human development. Tarekat in Indonesia that apply it because they still apply spirituality of worship vertically, the majority do not have an impact on socio-culture, economy, development and others and as a result unemployment, poverty is not significantly reduced. This tarekat is a new trend in socio-societal change and as a Sufistic movement in Indonesia.
A Simultaneous-Equation Model of Estimating Exchange Rate Pass-Through in Malaysia Hsing, Yu
Quantitative Economics and Management Studies Vol. 1 No. 3 (2020)
Publisher : Yayasan Ahmar Cendekia Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (382.295 KB) | DOI: 10.35877/454RI.qems193

Abstract

Based on an extended IS-LM-AS model, this study finds that a 1% depreciation of the Malaysian ringgit tends to cause the CPI to rise by 0.1194%. Moreover, more M2 money supply, a lower government borrowing as a percent of GDP, a higher crude oil price, a higher U.S. CPI, and a higher expected consumer price index tend to raise Malaysia’s CPI. Therefore, exchange rate pass-through (ERPT) to the consumer price in Malaysia is partial and incomplete.

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