Jen‐Je Su
YOU?
Author Swipe
View article: From digital inequality to income inequality: exploring the multifaceted impact of digital literacy on income
From digital inequality to income inequality: exploring the multifaceted impact of digital literacy on income Open
Purpose This study aims to examine the impact of digital literacy as a major component of digital inequality on the total income of individuals (a major component of economic inequality) in Sri Lanka, emphasizing the variations observed du…
View article: The distributional and spillover impacts of tourism across regions: The case of Indonesia
The distributional and spillover impacts of tourism across regions: The case of Indonesia Open
This paper examines in detail the spillover impacts of tourism on regional poverty, income inequality and inter-regional disparities within an integrated framework. Our novel approach integrates regional TSA and household micro-data within…
View article: Realized semibetas in the Australian stock market
Realized semibetas in the Australian stock market Open
This study examines the explanatory power of the CAPM and downside risk asset pricing models (the downside beta and the realized semibeta models) for the next-month firm-level cross-sectional stock return variation in the Australian stock …
View article: Combining linear and nonlinear unit root tests with an application to PPP
Combining linear and nonlinear unit root tests with an application to PPP Open
This paper suggests combining the linear Dickey-Fuller and nonlinear Kapetanios-Snell-Shin unit root tests in ways that explicitly acknowledge the underlying uncertainty regarding linearity versus nonlinearity. Simulation results show the …
View article: Does exchange rate volatility affect the impact of appreciation and depreciation on the trade balance? A nonlinear bivariate approach
Does exchange rate volatility affect the impact of appreciation and depreciation on the trade balance? A nonlinear bivariate approach Open
Does exchange rate volatility alter the effect of appreciation and depreciation on the trade balance? The literature posits that the trade balance responds more to depreciation shocks than appreciation shocks. Using monthly data from 1960M…
View article: The impact of digital inequality in achieving sustainable development: a systematic literature review
The impact of digital inequality in achieving sustainable development: a systematic literature review Open
Purpose Digital inequality is considered one of the leading causes of socioeconomic disparities nowadays and a barrier to sustainable development. However, a dearth of empirical research has examined the impact of digital inequality in att…
View article: Investigating SME’s credit constraints: a trinary approach
Investigating SME’s credit constraints: a trinary approach Open
This study aims to provide an understanding of factors that might affect three-level credit constraints of small and medium-sized enterprises (SMEs) in Vietnam, using data from the Vietnam’s Manufacturing SME Survey database. We apply a ra…
View article: Political relations and bilateral tourism demand: The case of China and Japan
Political relations and bilateral tourism demand: The case of China and Japan Open
Political relations between countries can potentially affect and be affected by bilateral visitor flows. Applying various modified Granger causality tests, this article uses Japan and China as a case study of the possible bi‐directional li…
View article: Do credit constraints always impede innovation? Empirical evidence from Vietnamese SMEs
Do credit constraints always impede innovation? Empirical evidence from Vietnamese SMEs Open
Intrigued by literature findings that credit constrained firms are less likely to be innovative and bearing in mind that the evidence has so far largely been from developed economies, this study ventures to explore the relationship in the …
View article: Does microcredit empower micro-entrepreneurs? Empirical evidence from Indonesia
Does microcredit empower micro-entrepreneurs? Empirical evidence from Indonesia Open
Purpose:\nThis study provides fresh survey-based evidence from Indonesia on the impact of microcredit on empowerment of micro-entrepreneurs.\nMethodology:\nData was collected from a survey of microcredit-funded microenterprises in Surabaya…
View article: SME credit constraints in Asia’s rising economic star: fresh empirical evidence from Vietnam
SME credit constraints in Asia’s rising economic star: fresh empirical evidence from Vietnam Open
This study provides a fresh look at the SME sector’s economic backbone vis-à-vis credit constraint dichotomy in Vietnam—Asia’s rising economic star. The study uses data from the Survey of Manufacturing SMEs in Vietnam from 2005 to 2013 and…
View article: Forecasting international tourist arrivals in formulating tourism strategies and planning: The case of Sri Lanka
Forecasting international tourist arrivals in formulating tourism strategies and planning: The case of Sri Lanka Open
In some developing countries, tourism-led growth strategy has been used to accelerate growth, generate employment opportunities and increase foreign exchange earnings. To maximise benefits from the tourism industry, appropriate policy deci…
View article: Quantile serial dependence in crude oil markets: evidence from improved quantilogram analysis with quantile wild bootstrapping
Quantile serial dependence in crude oil markets: evidence from improved quantilogram analysis with quantile wild bootstrapping Open
We examine the quantile serial dependence in crude oil prices based on the Linton and Whang’s quantile-based portmanteau test which we improved by means of quantile wild bootstrapping (QWB). Through Monte Carlo simulation, we find that the…
View article: A risk-taking perspective of corporate governance: Does corporate governance have a differential effect on downside and upside risk?
A risk-taking perspective of corporate governance: Does corporate governance have a differential effect on downside and upside risk? Open
We investigate whether corporate governance has a differential effect on downside and upside risk of the firms. Intuitively, better corporate governance should decrease the downside risk but increase the upside risk. However, using a large…
View article: Blessed to Be the Land of the Rising Sun? An Inside Reality Check of the Japanese Market Linkages with Global Markets
Blessed to Be the Land of the Rising Sun? An Inside Reality Check of the Japanese Market Linkages with Global Markets Open
Our study aims to evaluate whether it is blessed to be the land of the rising sun in terms of forecasting stock volatility using the realized volatilities of related assets traded in other markets where the intraday data is available while…
View article: Crypto-currency bubbles: an application of the Phillips–Shi–Yu (2013) methodology on Mt. Gox bitcoin prices
Crypto-currency bubbles: an application of the Phillips–Shi–Yu (2013) methodology on Mt. Gox bitcoin prices Open
The creation of bitcoin heralded the arrival of digital or crypto-currency and has been regarded as a phenomenon. Since its introduction, it has experienced a meteoric rise in price and rapid growth accompanied by huge volatility swings, a…
View article: 2015-07: The efficiency of Asian stock markets: Fresh evidence based on new tests (Working paper)
2015-07: The efficiency of Asian stock markets: Fresh evidence based on new tests (Working paper) Open
There is now a voluminous literature investigating the issue of market efficiency, particularly in relation to the weak-form type of efficiency, which are based on autocorrelation tests. However, the results from this literature are mixed.…