Open Access Original Research Article

Assessment of Healthcare Institutions and Socio-Economic Welfare: A Survey of Secondary and Tertiary Hospitals in Rivers State, Nigeria

Dennis B. Ewubare, Kelechi C. Nnamdi

South Asian Journal of Social Studies and Economics, Page 11-21
DOI: 10.9734/sajsse/2021/v12i230300

The purpose of this paper is to access healthcare institutions and the welfare experience of patients and workers in public Secondary and Tertiary Hospitals in Rivers State, with ownership across Federal Government, State Government and the Military. From a stratified sampling technique, a representative survey sample of 90 respondents was involved. Our findings shows that Tertiary hospitals in Rivers state relies on funding by Federal Government, State Government, internally generated funds and grants, in their decending order. Budgetary cut on health institution is perceived to reduce service delivery and health workers motivation, though a cut in funding is expected by few, as a result of the prevalent fall in global oil price. The analysis also shows that the price of health services and medicines have increased in recent times, but we could not establish the symptom of inflation on the prices of healthcare consumption. It was established that the level of qualified health workers without gainful employment has slightly increased, owing to low absorptive capacity of government owned hospital, low renumeration from non-public-owned hospitals. The study found that the populace prefers public hospitals over private hospitals, mainly because of affordability and availability of specialists. Although there is evidence of inadequate workforce, bureaucratic holdup and poor ambience. The study concludes that the government is the provider of very affordable and quality healthcare in Nigeria. It was therefore recommended that there should be proper accountability by the hospital management on the proceeds and expenses. Efforts should be made to strenghten internally generated revenue, while a public-private partnership, improved efficiency and quality of service delivery will attract funds.

Open Access Original Research Article

Financial Knowledge and Consumer Saving Behaviors: Evidence from the USA

Fuzhong Chen, Lingyun Meng

South Asian Journal of Social Studies and Economics, Page 22-34
DOI: 10.9734/sajsse/2021/v12i230301

With the increase in average life expectancy and the reform of pension and social welfare systems, saving has gradually become a preventive measure against risk and an important means of filling the financial gap. Meanwhile, a large and growing literature has examined the determinants of consumer savings. Using data from 2009, 2012, 2015, and 2018 U.S. National Financial Capability Study, this study aims to examine the association between financial knowledge and consumer saving behaviors through an ordered probit regression approach. In addition, this study conducts a comprehensive robustness test by replacing the estimation method and removing outliers with income. The results indicate that there is a positive relationship between financial knowledge and consumer savings. Therefore, policymakers are recommended to formulate policies to promote financial education to raise consumer savings.

Open Access Original Research Article

The Effects of the Brazilian Economic Recession of 2014-2016 on the Default Credit Card and in Private Label Card in the Food Retail

Pedro Raffy Vartanian, Carlos Antonio Tamaki, Álvaro Alves de Moura Jr.

South Asian Journal of Social Studies and Economics, Page 35-47
DOI: 10.9734/sajsse/2021/v12i230302

This study explores the effects of the Brazilian recession from 2014 to 2016 on the default of market credit cards and Private Label cards in food retail in a comparative way, through econometric analysis. The research evaluates the credit card default response in the market and, also, Private Label cards, after simulating shocks in macroeconomic variables such as Gross Domestic Product, wages, and unemployment rate, among others, through the application of an autoregressive vector model (VAR model). The data, on a monthly basis, were collected at the Central Bank of Brazil, the Brazilian Institute of Geography and Statistics and at a company in the private label card market. In addition, precedence tests are applied in order to check if there was any causality “in the sense of Granger” on the default of the market credit card and the Private Label card. Among the results found, it was possible to identify that the default rates of the credit card in the market and of the Private Label have different behaviors, from the simulations of the impulse response functions to the identification of the variables that precede them, being that the default of the Private Label card preceded a higher number of variables when compared to the default of credit cards in the market.

Open Access Original Research Article

Access to Credit and Farm Efficiency in Cameroon: A Data Envelopment Analysis Approach

Orelien Tresor Feumba Tchamba

South Asian Journal of Social Studies and Economics, Page 48-62
DOI: 10.9734/sajsse/2021/v12i230303

The aims of this paper is to analyze the effect of access to credit on the technical efficiency of farms in Cameroon’s rural area. Using a sample of 545 farm households, we first estimate a Data Envelopment Analysis (DEA) model with constant returns to scale; then a censored TOBIT model enabling us to identify factors of efficiency, especially the effect of access to credit on efficiency. Two main results emerge from our analysis. First, we find that on average, the level of technical efficiency of farms is 56.78%; showing therefore the possibility of substantial efficiency gains. Second, farm size, association membership, and fertilizer expenditure negatively affect technical efficiency, while access to credit, age and education increase it. Based on these results, we believe that it’s interesting for farm householders to organize themselves in associations to benefit from available credits and financial facilities and to share their experiences in the agricultural field in order to improve their efficiency.

Open Access Review Article

Short Commercialization Circuits in Local Supply Chains: Economic Revival in the Pandemic

Dustin Tahisin Gómez Rodríguez, Marìa Yolanda Laverde, Ehyder Mario Barbosa Pérez

South Asian Journal of Social Studies and Economics, Page 1-10
DOI: 10.9734/sajsse/2021/v12i230299

The general objective of this article is to describe the strategy called Short Commercialization Circuits SCC as a way of supplying local chains in 2020 by the Unidad Administrativa Especial de Organizaciones Solidarias (UAEOS) in Colombia to counteract the negative impacts of the COVID19 pandemic and to improve the social fabric and the ecosystem of the beneficiary territories. The methodology is qualitative, and its methods are documentary review. The main conclusion is that Short Commercialization Circuits such as Public Procurement are strategies that can improve the quality of life of farmers in their territory.