Forthcoming articles


International Journal of Economic Policy in Emerging Economies


These articles have been peer-reviewed and accepted for publication in IJEPEE, but are pending final changes, are not yet published and may not appear here in their final order of publication until they are assigned to issues. Therefore, the content conforms to our standards but the presentation (e.g. typesetting and proof-reading) is not necessarily up to the Inderscience standard. Additionally, titles, authors, abstracts and keywords may change before publication. Articles will not be published until the final proofs are validated by their authors.


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International Journal of Economic Policy in Emerging Economies (5 papers in press)


Regular Issues


  • The Impact of Relationship Marketing on Customer Value, Satisfaction and Loyalty: Evidence From Banking Sector in Indonesia   Order a copy of this article
    by Ludfi Djajanto, Yunia Afiatin, Zainal Abdul Haris 
    Abstract: Indonesia's business community and banks of Indonesia have been contributing significantly to the development of the nation's emerging economy. This paper analyses the impact of relationship marketing on customer value, customer satisfaction, and loyalty in Indonesia's banking sector. Partial least square (PLS) tests conducted on data collected through a survey of 160 customers of banks in Surabaya and Malang have revealed that although relationship marketing does not influence customer satisfaction and loyalty significantly, it does do so with respect to customer value. Furthermore, there exist positively significant relationships between customer value and customer satisfaction and loyalty.
    Keywords: relationship marketing; customer value; customer satisfaction; customer loyalty; banking sector.
    DOI: 10.1504/IJEPEE.2019.10018317
  • Scale economies in the Korean airline industry since the entry of low-cost carriers   Order a copy of this article
    by Sang-Lyul Ryu, Jayoun Won 
    Abstract: This paper investigates how the economies of scale in the Korean airline industry have changed since the emergence of low-cost carriers (LCCs). Our sample consists of 66 firm-years from 2008 to 2017. We estimate the translog cost function (TCF) to determine the changes in scale economies during the sample period. The TCF represented airlines' cost function more appropriately than the Cobb-Douglas model. The estimated cost function suggests that overall economies of scale have prevailed in the Korean airline industry since the entry of LCCs. Depending on the type of airline business, scale economies seem to be exhausted for full-service carriers, whereas LCCs have enjoyed economies of scale.
    Keywords: airline industry; full-service carriers; low-cost carriers; economies of scale.
    DOI: 10.1504/IJEPEE.2019.10018318
    by Pratami Wulan Tresna, Arianis Chan, Mohammad Benny Alexandri 
    Abstract: This study aims to see the place branding of Bandung as a competitive advantage of the city. This study uses the qualitative method to confirm place branding as Bandung City's competitive advantage. The participants in this study are people who understand the branding strategy of this city. Place branding is viewed from the dimensions of presence, place, potential, pulse and people. Results show that Bandung is renowned as a creative city that has many historical places, complete facilities, easy access and offers many interesting activities, low cost of living and varied culinary products. Bandung is also known as a friendly city. Therefore, place branding in a city will result in the popularity of various places, thereby leading people to support the management of a city to gain competitive advantage.
    Keywords: Place Branding; Creative City; Tourism; Competitive Advantage.
    DOI: 10.1504/IJEPEE.2019.10018373
  • Trade Realignment Position in ECOWAS with Gravity Model   Order a copy of this article
    by Nnanna P. Azu 
    Abstract: This paper assesses the realignment position of trade in West African region with respect to the emergence of China and India vis-a-vis trade flow with traditional trade partners. Applying PPML technique with importer, exporter, and year fixed effect, the bilateral trade effects between ECOWAS and her trade partners are captured with dummy. These allow trades to be represented from both sides of its occurrences (import and export) rather than viewing from one side of it. Results revealed that ECOWAS trade with her emerging and traditional trade partner increased over time but rate of increases are reducing with the traditional partners
    Keywords: Gravity; Realignment; Trade; Poisson; China; India; ECOWAS.
    DOI: 10.1504/IJEPEE.2019.10019504
  • Industrial competition and Earnings Quality in Indonesia   Order a copy of this article
    by Felizia Arni Rudiawarni, Dedhy Sulistiawan 
    Abstract: This study examines how the industrial competition affect earnings quality. Our study supports the idea of declining earnings quality when firms' risk increase. We expect that low industrial competition or high market concentration decrease firms' risk by generating more stable revenue for companies. This condition stimulates increasing earnings response coefficient (ERC). Generally, using data from Indonesia, our results show that market concentration affects the relation between earnings surprise and excess return. Further, we find that firms in industries with high market concentration generate higher ERC, especially for profit firms. It means, investors are more likely to use positive earnings data for firms in high market concentration industries in reacting earnings surprise. Our paper contributes to market concentration and ERC studies, especially in Indonesia as one of emerging markets. Low industrial competition improves earnings informativeness.
    Keywords: Market concentration; earnings response coefficient; industrial competition.
    DOI: 10.1504/IJEPEE.2019.10020587