scholarly journals Impact of COVID-19 on China's agricultural trade

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lijuan Cao ◽  
Tianxiang Li ◽  
Rongbo Wang ◽  
Jing Zhu
Keyword(s):  
Food Availability ◽  
Scenario Analysis ◽  
Agricultural Trade ◽  
Policy Implications ◽  
Content Type ◽  
Agricultural Exports ◽  
The World ◽  
Short And Long Term ◽  
The Impact

PurposeThe outbreak of the novel COVID-19 virus has spread throughout the world, causing unprecedented disruption to not only China's agricultural trade but also the world's agricultural trade at large. This paper attempts to provide a preliminary analysis of the impact of the COVID-19 pandemic on China's agricultural importing and exporting from both short- and long-term perspectives.Design/methodology/approachThis study seeks to analyze how the outbreak of COVID-19 could potentially impact China's agricultural trade. With respect to exports, the authors have pinpointed major disruptive factors arising from the pandemic which have affected China's agricultural exports in both the short and long term; in doing so, we employ scenario analysis which simulates potential long-term effects. With regard to imports, possible impacts of the pandemic regarding the prospects of food availability in the world market are investigated. Using scenario analysis, the authors estimate the potential change in China's food market—especially meat import growth—in light of the implementation of the newly signed Sino-US Economic and Trade Agreement (SUETA).FindingsThe results show that China's agricultural exports have been negatively impacted in the short-term, mostly due to the disruption of the supply chain. In the long term, dampened external demand and potential imposition of non-tariff trade barriers (NTBs) will exert more profound and lasting negative effects on China's agricultural export trade. On the other hand, despite panic buying and embargoing policies from some exporting and importing countries, the world food availability and China's food import demand are still optimistic. The simulation results indicate that China's import of pork products, in light of COVID-19 and the implementation of SUETA, would most likely see a sizable climb in quantity, but a lesser climb in terms of value.Originality/valueAgricultural trade in China has been a focal-point of attention in recent years, with new challenges slowing exports and increasing dependence on imports for food security. The outbreak of the COVID-19 pandemic adds significant uncertainty to agricultural trade, giving rise to serious concerns regarding its potential impact. By exploring the impact of the unprecedented pandemic on China's agricultural trade, this study should contribute to a better understanding of the still-evolving pandemic and shed light on pertinent policy implications.

scholarly journals COVID-19 and tourist mobility at destinations: a literature review and emerging research agenda

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Alba Viana-Lora ◽  
Antoni Domènech ◽  
Aaron Gutiérrez
Keyword(s):  
Literature Review ◽  
Research Agenda ◽  
Empirical Studies ◽  
Future Research ◽  
Content Type ◽  
Future Research Agenda ◽  
The Future ◽  
Short And Long Term ◽  
The Impact

PurposeThis paper aims to review conceptual and empirical studies that analyse the impact of the pandemic on mobility and tourism behaviour at destinations in order to identify proposals, forecasts and recommendations to guide the future research agenda on the subject.Design/methodology/approachThis study used a systematic literature review to synthesise information from scientific articles published in journals indexed in the Web of Science database related to tourism mobility at destinations during the COVID-19 pandemic.FindingsThis article found that, according to the existing literature, the COVID-19 pandemic is acting as a catalyst for the sustainable transition of tourism. Although the findings reveal a lack of empirical research on the impact of the pandemic on tourism mobility at destinations, the article synthesizes the short- and long-term impacts of the pandemic and sets out the future research agenda on tourist mobility at destinations.Originality/valueTo the best of the authors' knowledge, this is the first systematic review of the impact of the pandemic on mobility and tourism behaviour at destinations that attempts to describe the emerging challenges and the agenda for future research.

scholarly journals The Impact of the Global Financial Crisis, Does It Sustain?

2016 ◽  
Vol 8 (10) ◽  
pp. 82 ◽  
Author(s):  
Bashar Al-Zu'bi ◽  
Hussein Salameh ◽  
Qasim Mousa Abu Eid
Keyword(s):  
Financial Crisis ◽  
Stock Market ◽  
Global Financial Crisis ◽  
Stock Market Index ◽  
The World ◽  
The Usa ◽  
Short And Long Term ◽  
The Global Financial Crisis ◽  
The Impact

<p>This paper studies the short and long term relationship between S&amp;P500 USA stock market index and the stock market indices of 30 countries around the world over the period June 2010-April 2015. We implement OLS regression and use error correction model to examine the short and long term relationship between the variables. Empirically, we find that there is a relationship on the short and long term between S&amp;P500 and the indices of 27 countries from East Asia, Europe, Latin America, Middle East as well as the countries of Australia and Canada. These results conclude that the global financial crisis of 2007-2008 significantly and lengthy increased the already high level of co-movement between the USA financial market and the observed stock market for 27 countries around the world. The findings from our research are important; however, we believe that further research based on our findings is necessary.</p>

Market reaction to open innovation announcements

2018 ◽  
Vol 21 (1) ◽  
pp. 142-156 ◽  
Author(s):  
Dawid Szutowski
Keyword(s):  
Open Innovation ◽  
Information Disclosure ◽  
The European Union ◽  
Content Type ◽  
Service Companies ◽  
Significant Difference ◽  
Short And Long Term ◽  
The Impact ◽  
Positive Effect

Purpose Open innovation is of crucial importance for all companies operating in the economics of widely distributed knowledge. However, the effects of its disclosure remain largely uncharted in the case of service companies. Therefore, the purpose of this paper is to measure the impact of open innovation announcements on the market value (MV) of service enterprises. Design/methodology/approach The research covered 398 open innovation announcements released by service companies. It was conducted in the whole of the European Union in the period February 2011-December 2016. The data were analysed in the short and long term with the use of event-study and buy-and-hold methods. Findings The results indicated the significant positive effect of open innovation disclosure in both short and long term. At the same time, the market was not able to immediately fully value the information in the short run and tended to overestimate the positive effect of the innovation announced. No significant leakage and dissemination effects were observed prior to the announcement. There was no significant difference in the magnitude of positive and negative reactions to the releases. Practical implications From the point of view of business practice the research proved the benefits of information disclosure and supported the long-term planning. From the investors’ viewpoint, it signalled the small risk of significant fluctuations resulting from aggressive trading prior to the announcement and unwinding part of the acquired position afterwards. Originality/value The paper attempts to fulfil the research gap on the impact of the announcements on open innovation on the MV of companies.

Tourism – resilient but vulnerable as “the times they are a changing” in the “new normality”

2020 ◽  
Vol 12 (6) ◽  
pp. 663-670
Author(s):  
Richard Butler
Keyword(s):  
Design Methodology ◽  
Content Type ◽  
External Agents ◽  
Agents Of Change ◽  
Short And Long Term ◽  
The Times ◽  
Traditional Patterns ◽  
Current Concerns ◽  
The Impact

Purpose The purpose of this paper is to present a viewpoint about the short- and long-term future of tourism in the light of the effects of the response to Covid-19 and the implications of potential changes tourism might be facing. Design/methodology/approach The paper is based on a review of current media and academic commentaries and articles on the impact of Covid-19 on tourism, and the likelihood of changes being forced on tourism by external agents of change desiring a different form that the industry should take. Findings Current concerns and changes in patterns of tourism are being driven by two main forces: restrictions imposed on travel, both domestic and international, and fear by potential tourists and destination hosts of infection being caused by the resumption of tourist travel. The situation is extremely vulnerable, changing long-established patterns of behaviour and the effects of tourism on economies, communities and environments. The future for tourism is seen as generally positive in the long term, but agents of change opposed to the traditional patterns of tourism may create a negative environment that could cause severe disruption to the industry and its customers, unless tourism displays willingness and resolve to correct previously inappropriate ways of operating. Originality/value This paper presents a viewpoint about the short- and long-term future of tourism.

On fluctuating characteristics of global COVID-19 cases and identification of inflection points

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xin Feng ◽  
Hanshui Zhang ◽  
Yue Zhang ◽  
Liming Sun ◽  
Jiapei Li ◽  
...  
Keyword(s):  
Design Methodology ◽  
Daily Growth ◽  
Content Type ◽  
Inflection Points ◽  
The World ◽  
Rate Of Decline ◽  
And Control ◽  
The Impact ◽  
Tremendous Impact

PurposeThe emergence of a coronavirus disease 2019 (COVID-19) epidemic has had a tremendous impact on the world, and the characteristics of its evolution need to be better understood.Design/methodology/approachTo explore the changes of cases and control them effectively, this paper analyzes and models the fluctuation and dynamic characteristics of the daily growth rate based on the data of newly confirmed cases around the world. Based on the data, the authors identify the inflection points and analyze the causes of the new daily confirmed cases and deaths worldwide.FindingsThe study found that the growth sequence of the number of new confirmed COVID-19 cases per day has a significant cluster of fluctuations. The impact of previous fluctuations in the future is gradually attenuated and shows a relatively gentle long-term downward trend. There are four inflection points in the global time series of new confirmed cases and the number of deaths per day. And these inflection points show the state of an accelerated rise, a slowdown in the rate of decline, a slowdown in the rate of growth and an accelerated decline in turn.Originality/valueThis paper has a certain guiding and innovative significance for the dynamic research of COVID-19 cases in the world.

Acquisitions and the shareholder base

2019 ◽  
Vol 45 (10/11) ◽  
pp. 1416-1432
Author(s):  
Nicholas Wonder ◽  
Claire Lending
Keyword(s):  
Design Methodology ◽  
Market Value ◽  
Empirical Literature ◽  
Content Type ◽  
Short And Long Term ◽  
Long Term Impact ◽  
The Impact ◽  
Instrumental Variables Approach ◽  
Practical Implications

Purpose The purpose of this paper is to study the impact of acquisitions on the number of shareholders of the acquirer (the shareholder base) and relate that effect to the method of payment and the ratio between the target’s and acquirer’s shareholder bases prior to the acquisition. Design/methodology/approach Using 348 acquisitions from 1993 to 2013 for which both parties are public, American firms, the paper measures changes in the acquirer’s shareholder base from before announcement through to four years after completion. OLS regressions, together with an instrumental variables approach addressing the endogeneity of acquisition payment, indicate the determinants of those changes. Findings Acquisitions completed partly or entirely in stock lead to large increases in the shareholder base, and the increases mostly endure over the four-year window examined in the study. Regression results indicate that the target to acquirer shareholder ratio has a much greater impact on the acquirer’s base for stock acquisitions than for cash acquisitions. The ratio is also associated with changes in beta. Practical implications Because existing theoretical and empirical literature shows that the shareholder base impacts the risk, liquidity, and market value of stock, managers evaluating potential targets and modes of payment may wish to consider the likely impact on their firms’ shareholder bases, as may investors contemplating the effects of an acquisition announcement. Originality/value This is the first work documenting both a short- and long-term impact of acquisitions on the shareholder base and the first to investigate the determinants of the change in the base.

scholarly journals The impact of Covid-19 on the port environment: The case of Tanger Med container port, Morocco

2021 ◽  
Vol 234 ◽  
pp. 00025
Author(s):  
Hajar Abous ◽  
Mhamed Hamiche ◽  
Mohamed El Merouani
Keyword(s):  
Global Supply Chains ◽  
Container Port ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
Production And Consumption ◽  
The World ◽  
Huge Impact ◽  
Short And Long Term ◽  
The Impact

The appearance of the COVID-19 virus has a huge impact on the economy, where many factories and logistics flows are affected. With global supply chains severely disrupted, production and consumption centers around the world are beginning to be affected by the situation. our study tried to measure the impact of this pandemic on the containers transport in Morocco, our work targeted the Tanger Med port due to its geographic position as the most important link between Africa and Europe, Autoregressive Distributed Lag (ARDL) cointegration technique was applied, this model integrates the term of lag and difference in the modeling of linear series. To verify the existence of long-term relationships, F-bond test was applied. The model was estimated on short and long term. the results were significant and has shown that the activity within Tanger Med port, experienced a shock during the pandemic period.

An investigation of the promotion effects of uncertain level discount: evidence from China

2019 ◽  
Vol 31 (4) ◽  
pp. 957-979 ◽  
Author(s):  
Hongying Tan ◽  
Umair Akram ◽  
Yujia Sui
Keyword(s):  
Perceived Quality ◽  
Product Knowledge ◽  
Long Term Effects ◽  
Information Process ◽  
Content Type ◽  
Influencing Mechanism ◽  
Short And Long Term ◽  
New Perspective ◽  
The Impact

Purpose Uncertain level discount (ULD) is a type of promotion combining regular discount (RD) with uncertainty. The purpose of this paper is to explore the impact of ULD on consumers’ perceived quality compared with RD and to identify the relevant influencing mechanism and boundary for the effectiveness of ULD. Design/methodology/approach Three online experiments were conducted with 445 participants from China. First, experiment 1 compares the attractiveness of ULD and RD. Second, experiment 2 evaluates the impacts of ULD and RD on consumers’ perceived quality and clarifies the mechanism in this process. Finally, experiment 3 examines the moderating effect of product knowledge. Findings ULD has the same level of attractiveness as RD with equivalent expected discount value for consumers. Besides, consumers in ULD give higher ratings to product quality compared with those in RD, and the lower diagnosticity of price cues in ULD underlies the differential effects of ULD vs RD. Furthermore, product knowledge moderates the relationship between the two promotions and perceived quality. Practical implications The findings provide valuable guidance for managers to conduct promotional campaigns. ULD is an effective promotion to attract consumers to purchase with keeping consumers’ perceived quality high, and such effectiveness will rise for products that consumers are unfamiliar with. Managers can make rational use of ULD to achieve positive promotion results in both the short and long term. Originality/value Few studies pay attention to the long-term effects of the uncertain promotion. This research profoundly investigates the impact of ULD on perceived quality, which complements existing studies from a more integrated perspective that combines short- and long-term effects. Also, this research identifies the mechanism based on the cue diagnosticity theory and puts forward a new explanation for positive uncertainty in uncertain promotions. Finally, this research applies the impact of product knowledge on information process strategies into the uncertain promotion, which clarifies the utility boundary of ULD from a new perspective and offers a more comprehensive understanding for this promotion.

India-China rift risks Nepal's economic development

2016 ◽  
Keyword(s):  
Economic Development ◽  
Prime Minister ◽  
Xi Jinping ◽  
Content Type ◽  
The World ◽  
Hydroelectric Projects ◽  
The Impact ◽  
Tripartite Relationship

Subject The impact of India-China rivalry on Nepal. Significance Nepal, one of the poorest countries in the world, is not a BRICS member. However, Prime Minister P K 'Prachanda' Dahal Prachanda attended the BRICS conference in Goa on October 15-16 as an observer, and on its sidelines, met Indian Prime Minister Narendra Modi and Chinese President Xi Jinping to discuss the tripartite relationship. Impacts The return of constitutional chaos could trigger disruptive public protests and border blockades. There is no end in sight for the gridlock over the new constitution. Lack of funding for hydroelectric projects would hit Nepal's long-term aspirations to expand its power exports.

UAE airlines face multiple and growing challenges

2019 ◽  
Keyword(s):  
United Arab Emirates ◽  
Content Type ◽  
Fuel Prices ◽  
Aviation Policy ◽  
Passenger Traffic ◽  
Temporary Relief ◽  
The World ◽  
World Expo ◽  
The Impact

Significance The renewed dispute with US competitors adds to the increasingly strong headwinds faced by airlines in the United Arab Emirates (UAE) after a decade of rapid growth. Higher fuel prices, a strong dollar and weaker demand are also squeezing profits, while overcapacity and new competition are forcing a more radical restructuring. Impacts Etihad’s ongoing losses will continue to fuel speculation over a merger with Emirates. The impact of the Iran crisis may lead to further dissonance between Abu Dhabi and Dubai over aviation policy. Growing competition with Turkish Airlines is adding to already complicated relations between the two countries. The tourism bump expected from Dubai’s hosting of the World Expo in 2020 will provide at least some temporary relief. The positive long-term outlook for passenger traffic from Asia will also be reassuring.

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