Template-Type: ReDIF-Article 1.0 Author-Name: Thidavong Xayavong Author-X-Name-First: Thidavong Author-X-Name-Last: Xayavong Author-Name: Piriya Pholphirul Author-X-Name-First: Piriya Author-X-Name-Last: Pholphirul Title: Child labour and school dropout in least-developed countries: empirical evidence from Lao PDR Abstract: Even though topics related to child labour and school dropout have been studied worldwide, little attention has focused in the least-developed countries. This paper examines the impact of child labour on school dropout by using national representative data surveyed in the Lao PDR, which serves as a case study of a least-developed country. Using an average wage of children by province as an instrumental variable, findings indicate that child labour, especially with regard to girls, has a strong impact on driving school dropout. Parental educational attainment, particularly mother's education, seems to show a significant effect on reducing the probability of dropping out. Our evidence supports the need to provide free education programs that have not yet been established in least-developed countries such as the Lao PDR. At the very least, given limited government budgets, support can be targeted to help vulnerable groups and poor families. Journal: Int. J. of Education Economics and Development Pages: 1-23 Issue: 1 Volume: 9 Year: 2018 Keywords: school dropout; child labour; least-developed countries; Lao PDR. File-URL: http://www.inderscience.com/link.php?id=91067 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:1:p:1-23 Template-Type: ReDIF-Article 1.0 Author-Name: Kunofiwa Tsaurai Author-X-Name-First: Kunofiwa Author-X-Name-Last: Tsaurai Title: Is the interaction between human capital and financial development one of the determinants of FDI in emerging markets? Abstract: The study investigated the determinants of foreign direct investment (FDI) and whether the interaction between human capital and financial development enhances FDI into the emerging markets. The dynamic generalised methods of moments (GMM) framework was employed with panel data from 1994 to 2014. Gross domestic product (GDP) per capita, savings, trade openness, human capital development and the lag of FDI had either a positive and significant or positive and non-significant influence on FDI. The interaction between: 1) human capital development and stock market value traded; 2) human capital development and stock market capitalisation enhanced both the size and significance on FDI. Moreover, the interaction between banking sector variables and human capital development reduced the negative impact of banking sector development on FDI. Emerging markets are therefore urged to enhance economic growth, savings mobilisation, trade openness, human capital and financial development and to reduce inflation levels in order to increase FDI. Journal: Int. J. of Education Economics and Development Pages: 24-37 Issue: 1 Volume: 9 Year: 2018 Keywords: foreign direct investment; FDI; financial development; human capital; generalised methods of moments; GMM; emerging markets. File-URL: http://www.inderscience.com/link.php?id=91069 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:1:p:24-37 Template-Type: ReDIF-Article 1.0 Author-Name: Marie Elaine Gioiosa Author-X-Name-First: Marie Elaine Author-X-Name-Last: Gioiosa Title: What affects average net price at four-year public and not-for-profit private institutions in the USA? Abstract: Higher education costs are rising. The literature points to varying factors for the increases: the lack of efficiency on the instructional side, the growth in administrative expenses as well as the decrease in state appropriations. But do these items impact average net price at four-year public and private not-for-profit institutions? This study looks at the relationship between average net price and these factors considering the fixed effects by state. Journal: Int. J. of Education Economics and Development Pages: 38-56 Issue: 1 Volume: 9 Year: 2018 Keywords: average net price; instructional expenses; administrative expenses; state appropriations; four-year institutions. File-URL: http://www.inderscience.com/link.php?id=91070 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:1:p:38-56 Template-Type: ReDIF-Article 1.0 Author-Name: Shrabanti Maity Author-X-Name-First: Shrabanti Author-X-Name-Last: Maity Author-Name: Anup Sinha Author-X-Name-First: Anup Author-X-Name-Last: Sinha Title: Interstate disparity in the performance of controlling crime against women in India: efficiency estimate across states Abstract: The present study attempts to analyse the performance of controlling the total crime against women of 27 major states in India, considering two decadal time periods, namely, 2001 and 2011, by comparing the crime control efficiency of these states. The estimation of the technical efficiency across states and overtimes is performed by application of the stochastic production frontier techniques on decadal panel data. Hausman test ensures that random effects model is appropriate for panel regression analysing. The results show that not all states with better crime control indicators have efficient control over crime against women. The results also reveal that poor women are more vulnerable to crime, whereas political empowerment enables women to avoid crime. Again, higher female literacy rate gives the voice to the women to protest any crime against her. Finally, the study concludes that investment for maintaining the law and order alone would not result in better control of crime against women. Efficient management of the investment is also required. Journal: Int. J. of Education Economics and Development Pages: 57-79 Issue: 1 Volume: 9 Year: 2018 Keywords: crime against women; decadal panel data; efficiency; stochastic production frontier; Hausman test. File-URL: http://www.inderscience.com/link.php?id=91076 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:1:p:57-79 Template-Type: ReDIF-Article 1.0 Author-Name: Jehona Ferizi-Miftari Author-X-Name-First: Jehona Author-X-Name-Last: Ferizi-Miftari Author-Name: Blerim Rexha Author-X-Name-First: Blerim Author-X-Name-Last: Rexha Title: The teachers' impact on policy making for the improvement of the school performance (the case of Kosovo) Abstract: Teachers' contribution in the process of improving the contemporary school performance is manifold and permanent. This study elaborates the contribution of the Kosovan teachers towards the improvement of the quality of work in primary and lower secondary school. Data were collected from 1080 teachers working in schools located in different areas in Kosovo. The data processing was done through the descriptive statistics method with the aim of extracting the characteristics of the data (average standard deviation) and the inferential statistics method in the function of the validity scale of assumptions that result from the data. The research results indicate that today, the Kosovan teachers enjoy more opportunities to influence the policies for the functionalisation and improvement of the work at school, whereas teachers with a higher level of education are more sceptical concerning the issues of influencing the policies of functionalisation and improvement of the work at school. Journal: Int. J. of Education Economics and Development Pages: 80-104 Issue: 1 Volume: 9 Year: 2018 Keywords: reform; Kosovo; teacher commitment; school performance; school improvement; decision-making. File-URL: http://www.inderscience.com/link.php?id=91077 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:1:p:80-104 Template-Type: ReDIF-Article 1.0 Author-Name: Kunofiwa Tsaurai Author-X-Name-First: Kunofiwa Author-X-Name-Last: Tsaurai Title: FDI led financial development hypothesis in emerging markets: the role of human capital development Abstract: The study investigated if human capital development is a channel through which foreign direct investment (FDI) affects financial development in emerging markets using dynamic generalised methods of moments (GMM) with data ranging from 1995 to 2014. Although literature exists, which conclusively found that FDI and human capital development separately influence financial development, none of the existing studies to the best of the author's best knowledge has so far investigated if human capital development is a channel through which financial development is influenced by FDI. The interaction between FDI and human capital development enhanced stock market development whereas the complementarity between human capital development and FDI was not enough to overturn the negative impact of FDI on bond sector development triggered by crowding out effects. The study therefore urges emerging markets to implement a policy that increases human capital development in order to enhance FDI's positive influence on stock market development. Journal: Int. J. of Education Economics and Development Pages: 109-123 Issue: 2 Volume: 9 Year: 2018 Keywords: foreign direct investment; FDI; human capital; financial development; emerging markets. File-URL: http://www.inderscience.com/link.php?id=92193 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:2:p:109-123 Template-Type: ReDIF-Article 1.0 Author-Name: Maja Ružić-Baf Author-X-Name-First: Maja Author-X-Name-Last: Ružić-Baf Author-Name: Andrea Debeljuh Author-X-Name-First: Andrea Author-X-Name-Last: Debeljuh Author-Name: Iva Slivar Author-X-Name-First: Iva Author-X-Name-Last: Slivar Title: Family hotels' use of ICT in entertaining children and recommendations for inclusion of wearable devices Abstract: Just like in other fields, the possibilities of tourism entertainment and education are shaped by the progress in information and communication technology (ICT) and ICT is, at the same time, becoming an essential component of both industries. The purpose of this paper is to influence proper child development even when they are on vacation. The paper focuses on strategic usage of ICT. The goal is to introduce an application for the wearable devices for children that would motivate them to be more physically active. As contradictory as it may seem, ICT might be in function of increasing physical activity. The paper offers a close view of the proposal of the application called 'Sunny, Happy Growing'. The application's objective is to encourage physical activity of children through games and information and communication technology applied to entertainment programs of hotels during vacations. Journal: Int. J. of Education Economics and Development Pages: 124-133 Issue: 2 Volume: 9 Year: 2018 Keywords: information and communication technology; ICT; education; children; physical activity; tourism entertainment. File-URL: http://www.inderscience.com/link.php?id=92196 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:2:p:124-133 Template-Type: ReDIF-Article 1.0 Author-Name: Tri Effiyanti Author-X-Name-First: Tri Author-X-Name-Last: Effiyanti Author-Name: Gaffar Hafiz Sagala Author-X-Name-First: Gaffar Hafiz Author-X-Name-Last: Sagala Title: Technostress among teachers: a confirmation of its stressors and antecedent Abstract: This study aims to investigate computer anxiety, as a belief, that is thought to be an important antecedent of stressors on the use of IT in teaching activities. The data was collected through survey method on teachers of vocational high school of business and management (SMK-BM) in Karanganyar District, Central Java, Indonesia. With the purposive sampling technique, the researchers got 152 respondents. Furthermore, the data were analysed with SEM-PLS. The result shows that computer anxiety, through the perceived usefulness and perceived ease of use, significantly affects the overload work. Meanwhile, work overload is a stressor that can stimulate technostress. Moreover, computer anxiety can explain the perception of job insecurity that was experienced by teachers - as this behaviour also can stimulate technostress among teachers. This study has expanded the limits of the research of educational organisations to pursue the rapid development of science, research and practice in the public sector. This study recommends the improvement of ICT competency amongst teachers; this improvement will bring a major impact on performance and productivity of teachers and push down the technostress experience among teachers. Additionally, stakeholders should take a strategic action to increasing ICT competency among teachers. Journal: Int. J. of Education Economics and Development Pages: 134-148 Issue: 2 Volume: 9 Year: 2018 Keywords: technology acceptance model; TAM; stressors; technostress; teachers; computer anxiety. File-URL: http://www.inderscience.com/link.php?id=92197 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:2:p:134-148 Template-Type: ReDIF-Article 1.0 Author-Name: Narine Badasyan Author-X-Name-First: Narine Author-X-Name-Last: Badasyan Author-Name: Simone Silva Author-X-Name-First: Simone Author-X-Name-Last: Silva Title: The impact of internet access at home and/or school on students' academic performance in urban areas in Brazil Abstract: Using the propensity scores matching methodology, the paper assesses the impact of internet access at school and/or at home on standardised Portuguese and Mathematics tests of 9th graders in urban public schools in Brazil for years 2007 and 2009. The results suggest that internet access at home considerably improves Portuguese and mathematics test scores for both years. While internet access at school does not improve the academic performance of students in 2007, it has a positive effect in 2009, although of smaller magnitude when compared to the effect of internet at home. The sensitivity analysis confirms the robustness of the results. The results along with previous research suggest that the efforts to increase internet access at schools can result in much higher magnitude of improvement of students' academic performance if they are combined with policy initiatives to increase home internet access and incorporate internet-based educational tools at schools. Journal: Int. J. of Education Economics and Development Pages: 149-171 Issue: 2 Volume: 9 Year: 2018 Keywords: internet access; academic performance; propensity score matching; Brazil. File-URL: http://www.inderscience.com/link.php?id=92198 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:2:p:149-171 Template-Type: ReDIF-Article 1.0 Author-Name: Kunofiwa Tsaurai Author-X-Name-First: Kunofiwa Author-X-Name-Last: Tsaurai Title: Investigating the determinants of human capital development in emerging markets Abstract: This study explored the determinants of human capital development in emerging markets using panel data analysis framework with data ranging from 1994 to 2014. The impact of human capital development on economic growth has been widely researched and is now a settled matter in economics and finance yet studies on the determinants of human capital development are still very scant. The question which remains unanswered is how can governments use human capital to enhance economic growth if they are unaware of what determines human capital development? The pooled ordinary least squares (OLS), fixed and random effects showed that economic growth, foreign direct investment (FDI), financial development, trade openness and infrastructural development had a significant positive influence or positive but insignificant impact on human capital development. Emerging markets are therefore urged to implement policies which enhance infrastructural development, financial development, trade openness and FDI in order to improve human capital development. Journal: Int. J. of Education Economics and Development Pages: 172-181 Issue: 2 Volume: 9 Year: 2018 Keywords: human capital development; emerging markets; determinants. File-URL: http://www.inderscience.com/link.php?id=92200 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:2:p:172-181 Template-Type: ReDIF-Article 1.0 Author-Name: Amitabh S. Dutta Author-X-Name-First: Amitabh S. Author-X-Name-Last: Dutta Author-Name: Shama Patel Author-X-Name-First: Shama Author-X-Name-Last: Patel Author-Name: Enrique M. Perez Author-X-Name-First: Enrique M. Author-X-Name-Last: Perez Title: A look at foreign direct investment in China: 2004-2012 Abstract: This study examines the foreign direct investment (FDI) in China over the period 2004-2012. The motivation behind the study was to see if the 2008 financial crisis had an impact on the levels of FDI being allocated to China from different countries. The data was divided into two sub-periods of four years each, 2004-2007 and 2009-2012. There was FDI data available for 16 geographic areas around the globe. This study finds that 12 of 16 regions/countries tested show no significant differences in their average pre- and post-2008 levels of FDI in China. Developing economies as a whole, the regions of East Asia and South East Asia and the country of Singapore all show significantly higher levels of FDI in China after the global financial meltdown. Journal: Int. J. of Education Economics and Development Pages: 182-192 Issue: 2 Volume: 9 Year: 2018 Keywords: foreign direct investment; FDI; China; international capital flows. File-URL: http://www.inderscience.com/link.php?id=92202 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:2:p:182-192 Template-Type: ReDIF-Article 1.0 Author-Name: Irrshad Kaseeram Author-X-Name-First: Irrshad Author-X-Name-Last: Kaseeram Author-Name: Darma Mahadea Author-X-Name-First: Darma Author-X-Name-Last: Mahadea Title: Examining the relationship between entrepreneurship, unemployment and education in South Africa using a VECM approach Abstract: The economic growth and unemployment challenges that South Africa has been encountering in recent times has shifted researchers' attention to entrepreneurship as a possible growth driver. However, no studies have considered the education level entrepreneurship nexus within a macroeconomic context of high unemployment. This study attempts to fill that gap, through use of yearly data between 1994-2016 to derive a long run co-integrated relationship between entrepreneurship, unemployment and education, together with an error correction mechanism using the Johansen (1991) VAR/VECM approach. A model initially employed some extrapolated data for the total entrepreneurial activity (TEA) series to cover the post-Apartheid period 1994-2016. This model was then compared to a 2001-2016 specification involving actual TEA data. The results from both models found a statistically significant long run relationship between the variables with the diagnostic tests supporting the models. In particular, the results show a significant cointegrating relationship between education, proxied by school enrolment, and entrepreneurship. The results have major implications for the quality of education if South Africa is to escape the low growth trap. Journal: Int. J. of Education Economics and Development Pages: 193-209 Issue: 3 Volume: 9 Year: 2018 Keywords: job creation; education; economic growth; entrepreneurship; unemployment; total entrepreneurial activity; TEA. File-URL: http://www.inderscience.com/link.php?id=94278 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:3:p:193-209 Template-Type: ReDIF-Article 1.0 Author-Name: Israa A. El Husseiny Author-X-Name-First: Israa A. El Author-X-Name-Last: Husseiny Author-Name: Khaled Zakaria Amin Author-X-Name-First: Khaled Zakaria Author-X-Name-Last: Amin Title: Pre-university education outputs in Egypt: does money matter? Abstract: The effect of school resources on education outputs has always been a debatable question. While supporters of the 'money matters' argument could find a significant relationship between the school resources and student's achievement, proponents of the 'money does not matter' argument could not. In this context, the current study aims at verifying empirically the hypothesis that the more the school resources of the public pre-university education system at the local level in Egypt, the higher will be the education performance at the same level. Using a panel dataset that covers 270 observations (27 governorates over the time period between fiscal years 2004/2005 and 2013/2014), this study finds a very little positive impact of per-student public expenditure on the student achievement, as measured by the graduation rate, at the preparatory educational level. In addition, this impact tends to be smaller for the governorates with a relatively high level of human development. The other school resources variables of pupil-teacher ratio, class size, and teachers' qualifications proved to have different effects on the student achievement by educational level. Journal: Int. J. of Education Economics and Development Pages: 210-235 Issue: 3 Volume: 9 Year: 2018 Keywords: pre-university education; Egypt; education production functions; education finance; education resources; education outputs. File-URL: http://www.inderscience.com/link.php?id=94279 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:3:p:210-235 Template-Type: ReDIF-Article 1.0 Author-Name: Mahtab Pouratashi Author-X-Name-First: Mahtab Author-X-Name-Last: Pouratashi Author-Name: Asghar Zamani Author-X-Name-First: Asghar Author-X-Name-Last: Zamani Title: Employment issues and its effect on academic burnout (case: agricultural students) Abstract: The purpose of this study was to investigate employment issues and its effect on academic burnout of students. The statistical population comprised students in colleges of agriculture at selected universities of Iran (N = 6352). For the study, 247 students were selected, using random sampling method. After developing a questionnaire, confirming validity and reliability of the questionnaire-by views of experts' panel and calculating Cronbach's alpha (employment issues = 0.78, exhaustion = 0.76, cynicism = 0.81, and academic inefficacy = 0.79), and collecting data, the five specific objectives were studies descriptively and inferentially using SPSS/Windows. The findings indicated that employment issues for agricultural students (by use of factor analysis) could be classified in five groups, including: knowledge and skill, awareness and attitude, support, university and educational expectations, and the value of knowledge and learning. In addition, regression analysis showed that about half of the variation of dependent variable (academic burnout) was defined by three variables (including awareness and attitude, knowledge and skill, and university and educational expectations). Journal: Int. J. of Education Economics and Development Pages: 236-247 Issue: 3 Volume: 9 Year: 2018 Keywords: employment; academic burnout; agriculture; exhaustion; cynicism; academic inefficacy; higher education; student; factor analysis; regression analysis. File-URL: http://www.inderscience.com/link.php?id=94281 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:3:p:236-247 Template-Type: ReDIF-Article 1.0 Author-Name: Osita Aguolu Author-X-Name-First: Osita Author-X-Name-Last: Aguolu Author-Name: Anthony Igwe Author-X-Name-First: Anthony Author-X-Name-Last: Igwe Author-Name: Chinwe Okoyeuzu Author-X-Name-First: Chinwe Author-X-Name-Last: Okoyeuzu Author-Name: Wilfred I. Ukpere Author-X-Name-First: Wilfred I. Author-X-Name-Last: Ukpere Title: Strategies and constraints for effective communication in internal auditing quality assurance delivery in the university system Abstract: Universities have been experiencing maladministration, declining standards and academic fraud, hence their search for proactive partners to help reverse this situation, and to achieve more favourable ranking in the world of learning. External auditors, though have a well-defined legal duty to report on the accuracy and reliability of records, however, do not provide management with information that is required to keep abreast with changes within a 21st century university environment. This article discussed the modern role of the internal auditor as a university partner that can add real value to the effectiveness and efficiency of university administration by identifying and analysing risks factors. It details a practical approach that should be adopted in respect of new skills, tool-kits, and a change of attitude. The systems approach is hereby proposed as the most appropriate approach that should be adopted by internal auditors to remain relevant in the current global business environment. Journal: Int. J. of Education Economics and Development Pages: 248-267 Issue: 3 Volume: 9 Year: 2018 Keywords: corporate governance; internal audit; risk management; value added; systems approach; work study; risk assessment; fixed assets. File-URL: http://www.inderscience.com/link.php?id=94283 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:3:p:248-267 Template-Type: ReDIF-Article 1.0 Author-Name: ?nastasia Pseiridis Author-X-Name-First: ?nastasia Author-X-Name-Last: Pseiridis Author-Name: Theodore P. Lianos Author-X-Name-First: Theodore P. Author-X-Name-Last: Lianos Author-Name: George Agiomirgianakis Author-X-Name-First: George Author-X-Name-Last: Agiomirgianakis Title: Is university education an investment or a consumption good in a small open economy? Abstract: Traditionally, university education (UE) has been considered as an investment in human capital. In the last two decades, however, there is a transitional refocusing that people, by holding a university degree, enjoy certain intangible benefits, such as a lasting feeling of self-fulfilment and self-esteem, i.e., they simply treat UE as a consumption good. In this empirical study we take a broader view of UE by distinguishing and quantifying three kinds of benefits arising from UE: a) monetary benefits; b) social status benefits; c) psychic benefits, using a sample of 832 graduates of three Greek universities. We find that graduates of all three universities enjoy significant psychic benefits which are not influenced by family educational background, while monetary motivations are strong substitutes to psychic motivations, thus a deterioration of monetary incentives, e.g., during a period of economic crisis, will propel psychic benefits to a key motivational issue for undertaking UE. Journal: Int. J. of Education Economics and Development Pages: 268-279 Issue: 3 Volume: 9 Year: 2018 Keywords: higher education as consumption; psychic benefits from education; motivation for university education; small open economy; non-pecuniary returns; consumption value of education. File-URL: http://www.inderscience.com/link.php?id=94288 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:3:p:268-279 Template-Type: ReDIF-Article 1.0 Author-Name: Carlos Domínguez-Paz Author-X-Name-First: Carlos Author-X-Name-Last: Domínguez-Paz Title: Selection of an undergraduate program using an analytic hierarchy process Abstract: Opening a new undergraduate program at a university requires a dedicated process that can be addressed as a multiple-criteria decision-making problem. A suitable method for higher education institutions is proposed. It starts with the identification of the stakeholders affected by the decision followed by the data extraction of their major concerns. A hierarchy is developed in accordance with the levels of importance of the concerns. Then, the analytic hierarchy process is applied so that prioritisation can take place. The application of this method to a particular case in Colombia showed that civil engineering is the most suitable program, followed by electronic and mechanical engineering. It is also concluded that the method can be applied for the selection and opening of any program of any university. Journal: Int. J. of Education Economics and Development Pages: 280-300 Issue: 3 Volume: 9 Year: 2018 Keywords: analytic hierarchy process; AHP; undergraduate program selection; stakeholders; pairwise comparison; multi-criteria decision-making; MCDM; higher education institution quality; Colombia. File-URL: http://www.inderscience.com/link.php?id=94289 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:3:p:280-300 Template-Type: ReDIF-Article 1.0 Author-Name: Munawir Yusuf Author-X-Name-First: Munawir Author-X-Name-Last: Yusuf Author-Name: Erma Kumala Sari Author-X-Name-First: Erma Kumala Author-X-Name-Last: Sari Author-Name: Mahardika Supratiwi Author-X-Name-First: Mahardika Author-X-Name-Last: Supratiwi Author-Name: Arsy Anggrellanggi Author-X-Name-First: Arsy Author-X-Name-Last: Anggrellanggi Title: Performance of shadow teachers in inclusive schools in Indonesia viewed from working understanding, appreciation of work and career guidance Abstract: The present research aims to ascertain the relationship between working understanding, appreciation of work and career guidance and the performance of shadow teachers (<i>Guru Pembimbing Khusus - GPK</i>) in inclusive schools in Indonesia. Data were collected randomly from 168 shadow teachers of inclusive schools in Indonesia. The instrument used was a four-point Likert scale. The content was validated and the reliability was examined using Cronbach's alpha. Data were collected through an online questionnaire. A multiple regression analysis was run to detect the relationship between independent and dependent factors. The research results show a significant positive relationship between performance of shadow teachers and working understanding, appreciation of work and career guidance in inclusive schools in Indonesia (R = 0.491; R<SUP align="right"><SMALL>2</SMALL></SUP> = 0.481), with effective contribution of 48.1%. Therefore, working understanding, appreciation of work and career guidance simultaneously contributes to performance of shadow teachers in inclusive schools in Indonesia. Journal: Int. J. of Education Economics and Development Pages: 411-419 Issue: 4 Volume: 9 Year: 2018 Keywords: shadow teachers; inclusive education; performance; working understanding; appreciation of work; career guidance; Indonesia. File-URL: http://www.inderscience.com/link.php?id=96039 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:4:p:411-419 Template-Type: ReDIF-Article 1.0 Author-Name: Sylviana Maya Damayanti Author-X-Name-First: Sylviana Maya Author-X-Name-Last: Damayanti Author-Name: Getha Saraya Author-X-Name-First: Getha Author-X-Name-Last: Saraya Title: Financial literacy determinants among West Java athletes Abstract: The anecdotal evidence suggests that in Indonesia professional athletes struggle to make ends meet after retiring from their profession. This is because they are unable to manage their investments and their savings wisely. This study measures the financial literacy index among Indonesian athletes by using West Java as a sample. A total of 183 questionnaires were distributed to athletes in West Java, in which the questions centred upon concepts in financial literacy. By using one-way ANOVA as well as Tukey-Kramer's analysis, the study showed the link between financial literacy and demographic profile. The result of financial literacy index among West Java athletes is 51 indicating that the index is low. The index result is based on the calculation of two variables of individual's literacy, which are basic financial literacy and advanced financial literacy. The statistical analysis indicates that six of seven demographic profile variables (type of sports, age, last educational background, monthly income, monthly expense, and yearly income from tournaments) have significantly different of financial literacy index. The analysis shows that gender is the only one demographic profile that does not have significant different level of financial literacy index. Journal: Int. J. of Education Economics and Development Pages: 324-345 Issue: 4 Volume: 9 Year: 2018 Keywords: financial literacy; West Java athletes; Indonesia. File-URL: http://www.inderscience.com/link.php?id=96045 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:4:p:324-345 Template-Type: ReDIF-Article 1.0 Author-Name: Muji Gunarto Author-X-Name-First: Muji Author-X-Name-Last: Gunarto Author-Name: Ratih Hurriyati Author-X-Name-First: Ratih Author-X-Name-Last: Hurriyati Author-Name: Disman Author-X-Name-First: Author-X-Name-Last: Disman Author-Name: Lili Adi Wibowo Author-X-Name-First: Lili Adi Author-X-Name-Last: Wibowo Title: Building students' loyalty in private higher education institutions: activities for competitiveness Abstract: The purpose of this study is to examine the factors that influence students' loyalty in the private higher education (PHE) institutions. The survey is conducted on 225 respondents who are based from 27 PHE in Bandung City, Indonesia. The results reveal that the image of higher education institution does not affect students' satisfaction, but it affects the trust and loyalty of students. It is then discovered that the image of higher education institution and students' satisfaction indirectly affects students' loyalty through students' trust. Therefore, students' trust is a good mediator for higher education institution's image and students' satisfaction to students' loyalty. Based on the findings, this study also provides a strategy for managers in private higher education institutions in building students' loyalty. The implications of the study raise a number of opportunities for future research by both public and private higher education institutions on attracting and retaining students. Journal: Int. J. of Education Economics and Development Pages: 394-410 Issue: 4 Volume: 9 Year: 2018 Keywords: higher education image; student satisfaction; student trust; student loyalty. File-URL: http://www.inderscience.com/link.php?id=96049 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:4:p:394-410 Template-Type: ReDIF-Article 1.0 Author-Name: Grahita Chandrarin Author-X-Name-First: Grahita Author-X-Name-Last: Chandrarin Author-Name: Anwar Sanusi Author-X-Name-First: Anwar Author-X-Name-Last: Sanusi Author-Name: Ali Imron Author-X-Name-First: Ali Author-X-Name-Last: Imron Author-Name: Sari Yuniarti Author-X-Name-First: Sari Author-X-Name-Last: Yuniarti Title: An empirical study on income equality, economic growth and financial inclusion in Indonesia: model development on SMEs financing Abstract: In line with economic growth (EG) in the world today, as one of the developing countries, Indonesia must rise to the challenge of income equality (IE) for all layers of the community. Financial inclusion (FI) is a government program employed to respond to such an issue. The study conducted is to develop an empirical model to evaluate such FI program. Credit distribution to SMEs through financing institutions (SMEs financing) is added to the model to evaluate the hypothesis that could strengthen FI's influence both toward IE and EG. Data were analysed using fixed and random effect models for all provinces during five years. Empirical analysis results indicate that FI is an Indonesian government program that can increase IE of the community. SMEs financing has a significant role in the strengthening of FI toward IE and the potential to foster greater FI within the overall goal of elevating EG in Indonesia. Journal: Int. J. of Education Economics and Development Pages: 346-365 Issue: 4 Volume: 9 Year: 2018 Keywords: economic growth; financial inclusion; income equality; SMEs financing; Indonesia. File-URL: http://www.inderscience.com/link.php?id=96056 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:4:p:346-365 Template-Type: ReDIF-Article 1.0 Author-Name: André Taue Saito Author-X-Name-First: André Taue Author-X-Name-Last: Saito Author-Name: Nuno Manoel Martins Dias Fouto Author-X-Name-First: Nuno Manoel Martins Dias Author-X-Name-Last: Fouto Author-Name: Cláudio Felisoni De Angelo Author-X-Name-First: Cláudio Felisoni De Author-X-Name-Last: Angelo Title: Consumption and bank credit at the BRICS countries: a new light on the financial education process Abstract: Financial education promotes individuals' material well-being in accordance with established school of thought (see Section 1). In order to contribute to a discussion of this conventional wisdom, we investigated BRICS countries, as their bank credit and human wealth enjoyed rapid growth during 2003 to 2014 period and these emerging countries faced several social and economic challenges. Besides the gap in the literature, these are the reasons why BRICS countries were chosen. Our panel data regressions results indicated that non-performing loan and inflation were oriented towards bank credit and consumption. According to the literature: 1) material well-being is derived from consumption (i.e., established school of thought); 2) financial education efforts are in line with this conventional wisdom. Our combined qualitative analysis and quantitative research findings provided a new light on the financial education role. We suggested the material well-being in accordance with established school of thought offers a narrow understanding about how the variables we studied in empirical models should be interpreted (see Section 4). We advocate for an enlightening educative process that cooperates to the improvement of individual's discernment and understanding about this interpretation. Journal: Int. J. of Education Economics and Development Pages: 366-393 Issue: 4 Volume: 9 Year: 2018 Keywords: cognition; economy; finance; mixed methods; qualitative research; regression analyses. File-URL: http://www.inderscience.com/link.php?id=96064 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:4:p:366-393 Template-Type: ReDIF-Article 1.0 Author-Name: Iramani Author-X-Name-First: Author-X-Name-Last: Iramani Author-Name: Abu Amar Fauzi Author-X-Name-First: Abu Amar Author-X-Name-Last: Fauzi Author-Name: Dewi Ayu Wulandari Author-X-Name-First: Dewi Ayu Author-X-Name-Last: Wulandari Author-Name: Lutfi Author-X-Name-First: Author-X-Name-Last: Lutfi Title: Financial literacy and business performances improvement of micro, small, medium-sized enterprises in East Java Province, Indonesia Abstract: The primary purpose of this study is to examine the relationship between financial literacy and business performance improvement of MSMEs in East Java Province. Data collection from a survey questionnaire of 399 respondents was used to examine the research model. Then, the research model was analysed primarily using logistic regression supported by SPSS V.20 Software. The results of the study show that bookkeeping literacy and budgeting literacy has been proven as the significant predictor of sales growth, profit growth and overall business performance of MSMEs. However, control variables such as gender, education, and experience do not give any critical role in the relationship between financial literacy and business performance improvement of MSMEs. Theoretically, this study proposed that increasing the level of financial literacy for MSMEs managers related to bookkeeping and budgeting skills can enhance the business performance of MSMEs. Practically, the results of the study can be used as a reference for increasing the level of financial literacy for MSMEs managers who are still low in Indonesia. It is suggested to develop well-structured regular training for MSMEs managers regarding bookkeeping and budgeting skills in improving the level of financial literacy and business performance simultaneously. Journal: Int. J. of Education Economics and Development Pages: 303-323 Issue: 4 Volume: 9 Year: 2018 Keywords: financial literacy; marketing performance; financial performance; business performance; micro; small; medium-sized enterprises; MSMEs; Indonesia. File-URL: http://www.inderscience.com/link.php?id=96069 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijeded:v:9:y:2018:i:4:p:303-323