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Singh, Shveta
- An Empirical Analysis of Relation between Income, Consumption and Investment of Rural Haryana
Authors
1 Haryana School of Business, Guru Jambheshwar University of Science & Technology, Hisar-125001, Haryana, IN
Source
Indian Journal of Economics and Development, Vol 4, No 10 (2016), Pagination: 1-7Abstract
Objectives: The present study aims to analyse the Relation between Income, Consumption and Investment of Rural Haryana.
Methods/Statistical analysis: This study is based on the primary data A questionnaire is prepared and the personal interviews method is used to collect the primary data from rural household. The sample selected involved 100 households. Stratified random sampling technique is used for sample selection. Haryana is divided into four divisions for administrative purpose that is Ambala, Rohtak, Gurgaon and Hisar. Data collected is analyzed by using regression analysis and MANOVA.
Findings: The regression outcome shows that there is a significant relationship between household income and household consumption expenditure and there is also a significant relationship between household income and household investment in rural Haryana. As the income of the household increases, simultaneously there is high increase in consumption expenditure as compared to investment. MANOVA results revealed that there is no significant relationship between income and consumption expenditure, but it is significant in case of total investment
Application/Improvements: In Haryana none of the study has been conducted to measure or analyse relationship between income, consumption and investment of rural household especially at micro level. Most of the studies on income, consumption and investment pattern of rural people are based on secondary data which sometimes does not prove to be adequate for the study. Most of the data available does not serve the needs of Haryana in a ground level prospective. So the current research paper seeks to analyse the relationship between Income, Consumption and Investment of rural Haryana.
Keywords
Income, Consumption, Investment, Regression Analysis, Rural Household, Relationship.Full Text
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- Modelling the Volatility of Banking Sectors of National Stock Exchange
Authors
1 Guru Jambheswar University of Science and Technology, Hisar, Haryana, IN
Source
Indian Journal of Economics and Development, Vol 7, No 3 (2019), Pagination: 1-9Abstract
Objective: To model the conditional volatility of banking sectors of National Stock Exchange, India and to capture its dynamics as volatility clustering, persistence and leverage effect.
Methodology: Volatility is analysed by applying EGARCH model on daily returns data of two sectors namely composite Bank sector (Bank) and PSU Bank sector (PSU).
Findings: It is found that both sectors are showing volatility clustering, significant persistence and leverage effect but PSU bank sector is more prone to negative news and its returns are more volatile, composite Bank sector is less prone to negative shocks due to inclusion of private banks. Volatility shocks take time to die out in both sectors. Volatility of both sectors is explosive in nature.
Applications: Finding is helpful in taking decisions regarding investment and reforms in banking to stabilize the volatility.
Keywords
PSU Bank, Bank and EGARCH Model.Full Text
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