Can efficient transport moderate real sector productivity?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Noman Arshed ◽  
Muhammad Shahzad Sardar ◽  
Mubasher Iqbal
Keyword(s):  
Economic Growth ◽  
Least Square Method ◽  
Cross Product ◽  
Least Square ◽  
Real Sector ◽  
Value Addition ◽  
Content Type ◽  
Moderating Role

Purpose This study aims to test the role of infrastructure for economic growth. For this purpose, panel data of the world is selected from 1998 to 2018 and the study has used slope moderator to test the productivity of real economic activity with economic growth. Design/methodology/approach In this context, the feasible generalized least square method is adopted to estimate the results. Four types of infrastructure indicators i.e. quality of air, port, rail and road are used along with disaggregated GDP. Findings According to the results of this study, the role of industrial and agricultural value addition without infrastructure is negative. For industrial value addition, the cross product with all infrastructure types positively impacts economic growth. All the infrastructures, along with services value addition, except seaport, are contributing to economic growth positively. Along with agriculture value addition, only road infrastructure is contributing to economic growth positively. This study has also used two control variables i.e. quality of education and institutions. These variables are also found to be positive and significant with economic growth. Originality/value This study explores the moderating role of quality of infrastructure sector on real sector productivity, which is leading to economic growth.

Effect of middle managers’ cultural intelligence on firms’ innovation performance

2019 ◽  
Vol 49 (4) ◽  
pp. 1015-1038 ◽  
Author(s):  
Sarra Berraies
Keyword(s):  
Cultural Diversity ◽  
Cultural Intelligence ◽  
Middle Managers ◽  
Least Square Method ◽  
Partial Least Square ◽  
Innovation Performance ◽  
Least Square ◽  
Three Dimensions ◽  
Content Type

Purpose The purpose of this paper is to examine the effect of the metacognitive, cognitive, motivational and behavioral dimensions of the middle managers’ cultural intelligence (CQ) on firms’ innovation performance in a context of cultural diversity and the mediating role of knowledge sharing in this relationship. The author deepens the analysis by exploring the moderating role of collaborative climate (CC) on the link between CQ and KS. Design/methodology/approach A survey was conducted on 186 foreign middle managers working in Tunisian firms. The data analysis was performed via the partial least square method. Findings The results revealed that middle managers’ metacognitive CQ has a positive effect on KS, which in turn enhances firms’ innovation performance. In this line, KS partially mediates the relationship between metacogntive CQ and innovation performance. Findings also indicate that CC moderates the link between three dimensions of CQ, namely metacognitive, behavioral and motivational CQs and KS. Originality/value The paper sheds lights on the contribution of middle managers’ CQ and the CC within firms to the KS and innovation performance in a context of cultural diversity. At the best of the author’s knowledge, the links among these variables had not been empirically examined, especially involving samples of middle managers. This study offers important insights for managers by providing them with tools to improve KS and firms’ innovation.

Understanding the webrooming phenomenon

2019 ◽  
Vol 47 (10) ◽  
pp. 1074-1092 ◽  
Author(s):  
Eugene Cheng-Xi Aw
Keyword(s):  
Structural Equation ◽  
Sampling Technique ◽  
Partial Least Square ◽  
Least Square ◽  
Content Type ◽  
Shopping Behaviour ◽  
Shopping Motivation ◽  
Benefits And Costs ◽  
Moderating Role

Purpose The purpose of this paper is to propose and empirically test a model encompassing antecedents of webrooming, an emerging shopping behaviour in omnichannel retailing. This study delineates the impacts of shopping motivation, perceived channel-related benefits and costs on webrooming intention. Design/methodology/approach A questionnaire-based survey was conducted using a purposive sampling technique. A total of 300 responses were collected, and data were analysed using Partial Least Square Structural Equation Modelling. Findings Shopping motivation, such as efficiency shopping and bargain hunting, negatively influenced webrooming intention. Immediate possession positively influenced webrooming intention. With regard to perceived costs of webrooming, purchase effort and expected price loss negatively influenced webrooming intention. An additional exploratory analysis uncovered the moderating role of efficiency shopping. Originality/value This study provides empirical evidence for the antecedents of webrooming intention and expands the understanding of this emerging yet largely unexplored cross-channel behaviour.

scholarly journals Covid-19, Remittance Inflow, and Economic Growth Rate in Nepal

2020 ◽  
pp. 69-80
Author(s):  
Arbind Chaudhary
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Least Square Method ◽  
Least Square ◽  
Economic Growth Rate ◽  
Ordinary Least Square ◽  
Domestic Literature ◽  
Gdp Growth Rate ◽  
Economic Ground

The proliferation of COVID-19 pandemic over the globe is anomalously hurting the world’s economy. The paper aims to reveal the possible loss in economic growth rate for FY 2020 due to plausible retardation in remittance/GDP size of Nepal under COVID- 19 regime by utilizing transmission approach, trend forecast, and ordinary least square method form 2000 to 2019. The study harvests two premises: first, remittance/GDP has a positive estimate to the economic growth rate and second, if the pandemic proliferates more, and if it downsizes the remittance/ GDP size by 25% to 75%, it reduces the projected GDP growth rate (6.95) up to 6.68 to 5.3% respectively for FY 2020. However, domestic literature also supports the strong role of remittance on the micro-level. Therefore, the microeconomic impact of the virus may be more appalling than the macro-economic ground.

The role of consumer happiness in brand loyalty: a model of the satisfaction and brand image in fashion

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pedro Cuesta-Valiño ◽  
Pablo Gutiérrez-Rodríguez ◽  
Estela Núnez-Barriopedro
Keyword(s):  
Consumer Satisfaction ◽  
Brand Image ◽  
Least Square Method ◽  
Positive Influence ◽  
Partial Least Square ◽  
Least Square ◽  
Primary Data ◽  
Content Type ◽  
Partial Least Square Method

Purpose The study of the antecedents to loyalty is of great interest to both academics and professionals in the context of fashion consumption. The purpose of this paper is to define a SEM model, in which brand image and its dimensions, as well as consumer satisfaction and consumer happiness as mediators, are explained as antecedents to loyalty. Design/methodology/approach A transversal descriptive study based on primary data were, therefore, carried out using a survey with a sample of 2,515 consumers representing the Spanish population. The Partial Least Square method was applied to test the hypotheses. Findings The results of this research tell us which variables have a positive influence on consumer loyalty to fashion brands, where brand image, satisfaction and consumer happiness are the determining variables of loyalty. Research limitations/implications This model has important implications and contributes both to the literature and to the choice of differentiation and brand positioning strategies for marketing to a global and highly competitive market. Originality/value One of the novelties of this study is the fact that it considers the consumer happiness variable as an antecedent to loyalty in the fashion consumer sector.

Corporate social responsibility disclosure and catering to investor sentiment in China

2018 ◽  
Vol 56 (9) ◽  
pp. 1917-1935 ◽  
Author(s):  
Weizhang Sun ◽  
Chunguang Zhao ◽  
Yaping Wang ◽  
Charles H. Cho
Keyword(s):  
Design Methodology ◽  
Investor Sentiment ◽  
Content Type ◽  
Core Issue ◽  
Csr Disclosure ◽  
Corporate Social ◽  
The Impact ◽  
Moderating Role

Purpose The purpose of the paper is to examine the impact of investor sentiment on managers’ decisions to provide CSR disclosures. The core issue focuses on whether, why and how managers adjust their approach to CSR disclosure to cater to the investor sentiment. Design/methodology/approach On the basis of 13,488 observations of A-share listed companies, the authors examine the impacts of investor sentiment on CSR disclosure, which is measured separately by the propensity to issue a standalone CSR report and the quality of CSR reports. Furthermore, the authors examine the moderating role of institutional factors in China. Findings The authors find that during low-sentiment periods, managers are more likely to issue a standalone CSR report and the quality of CSR reports is higher, and vice versa. Additionally, the authors find that the negative correlations between CSR disclosure and investor sentiment are stronger in state-owned enterprises. Research limitations/implications First, the measurement of investor sentiment reflects only a part of characteristics of investor sentiment. Second, the authors pay less attention to the specific items of a CSR report. Originality/value The study contributes to the literature on CSR disclosure and investor sentiment by combining the two fields together. Furthermore, the study deepens the understanding of the institutional context in China and contributes to research on the predictors of CSR disclosure.

scholarly journals Sustainability of the Moderating Role of Financial Development in the Determinants of Environmental Degradation: Evidence from Turkey

2021 ◽  
Vol 13 (4) ◽  
pp. 1844 ◽  
Author(s):  
Husam Rjoub ◽  
Jamiu Adetola Odugbesan ◽  
Tomiwa Sunday Adebayo ◽  
Wing-Keung Wong
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
Environmental Degradation ◽  
Carbon Emissions ◽  
Capital Formation ◽  
Least Square ◽  
Long Run ◽  
Dynamic Ols ◽  
Moderating Role

One of the questions that remain unanswered in the literature on determinants of carbon emissions is the moderating effect of “financial development”. This becomes imperative, owing to the connection of carbon emissions to environmental degradation, which is considered to be one of the main challenges to sustainable development. Thus, this study investigated the moderating role of financial development in the determinants of carbon emissions for Turkey during the period of 1960 to 2016. Zivot–Andrew and Lee–Strazicich “unit root tests” were utilized to investigate the stationarity properties of the series. The cointegration among the variables employed was examined by utilizing the ARDL bounds test and Bayer–Hanck cointegration test. In contrast, the long-run causal relationship of the variables with carbon emissions was examined by using fully modified ordinary least square (FMOLS), dynamic OLS (DOLS), and Canonical Cointegrating Regression (CCR). The empirical findings reveal the significance of “economic growth”, “capital formation”, “energy consumption”, “urbanization”, and “financial development” as determinants of environmental degradation in Turkey. The study also found the significant moderating role of “financial development” in the relationship between “economic growth” and carbon emissions, capital formation and carbon emissions, and urbanization and carbon emissions. The environmental–financial related policies were suggested for the policymakers in Turkey to aid the reduction of carbon emission with the view of improving environmental quality.

scholarly journals PEMBIAYAAN UMKM, KINERJA BANK SYARIAH DAN PERTUMBUHAN EKONOMI DI INDONESIA

2021 ◽  
Vol 6 (2) ◽  
pp. 263-278
Author(s):  
Iwan Setiawan
Keyword(s):  
Economic Growth ◽  
Mutual Influence ◽  
Least Square ◽  
Limit Set ◽  
Analysis Method ◽  
Monthly Data ◽  
Bank Financing ◽  
Bank Profits

Sharia banks have an important role to do with the development of MSMEs and the economy in Indonesia. The share of sharia bank financing in MSMEs decreased beyond the minimum limit set. This study aims to look at the role of MSME financing on the performance of Sharia banks and economic growth in Indonesia. The study used monthly data for the period 2016-2019 with the two stage least square (TSLS) analysis method. The results of this study revealed that financing in MSMEs contributes greatly to the improvement of the performance (ROA) of Sharia banks.  The financing of MSMEs of Sharia banks does not contribute directly to economic growth. The contribution of MSME financing to economic growth occurs through the role of profit (ROA) of Sharia banks. There is a two-way relationship and mutual influence between sharia bank profits and economic growth. The role of economic growth towards bank profits is greater than the role of sharia banks in economic growth. It is important to pay attention to the portion and quality of financing in MSMEs that can improve the performance of Sharia banks and at the same time boost economic growth in Indonesia.

The moderating role of governmental support in the relationship between entrepreneurship and economic growth

2019 ◽  
Vol 11 (2) ◽  
pp. 200-216 ◽  
Author(s):  
Maria Saberi ◽  
Allam Hamdan
Keyword(s):  
Economic Growth ◽  
Risk Capital ◽  
Content Type ◽  
Gcc Countries ◽  
Governmental Support ◽  
Technology Absorption ◽  
Global Entrepreneurship ◽  
The Relationship ◽  
Moderating Role

Purpose The purpose of this paper is to find out the extent to which governments of the Gulf Cooperation Council (GCC) countries play a moderating role in the relationship between entrepreneurship and economic growth. Design/methodology/approach The study uses a 10-year time series (2006-2015) for six GCC countries: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates. Secondary sources of data were collected from The World Bank database, general available statistics on the GCC, the Global Entrepreneurship Index from the Global Entrepreneurship and Development Institute (GEDI) and the Global Entrepreneurship Monitor (GEM) database. Findings Results indicate that governmental support has a significant moderating effect on the relationship between entrepreneurship and economic growth in the GCC. Furthermore, the strongest indicators of entrepreneurial investments in the Gulf have been found to be risk capital and high growth, which indicate a rapid growth in entrepreneurial investments. The lowest scoring indicators were found to be technology absorption and innovation process. Research limitations/implications Despite the necessary measures taken to assure standard results such as testing data validity, care should be taken when generalizing the research results mainly because the time series of the study (2006-2015) could have been affected by the International and Financial Crisis, though the study has taken this into consideration. Originality/value This study has clarified the significant role of GCC governments in moderating the relationship between entrepreneurship and economic growth. Thus, the findings of this study are important because they help the GCC governments recognize their significant role and hence to utilize this role by supporting new and existing entrepreneurs particularly through regulatory quality, risk capital, technology absorption and process innovation. Furthermore, this study proves the extent to which entrepreneurship can help enhance the GCC economic growth, hence elaborating the importance of the sustainable resource, such as the human capital, in achieving diversification of sources to move from an oil-based to a more diversified economy.

scholarly journals Peran Perbankan Syariah terhadap Pertumbuhan Ekonomi Indonesia

2014 ◽  
Vol 4 (1) ◽  
pp. 41-66
Author(s):  
Safaah Restuning Hayati
Keyword(s):  
Economic Growth ◽  
Human Resources ◽  
Rapid Development ◽  
Least Square Method ◽  
Least Square ◽  
Islamic Banking ◽  
Ordinary Least Square ◽  
Technological Advances ◽  
Significant Process

The paper analyzes the role of Islamic banking for economic growth in Indonesia. The rapid development of Islamic banking in the country followed the economic growth was the research basis of the paper. The analysis in this paper uses Ordinary Least Square method to determine how much Islamic banking influenced the growth represented by Gross Domestic Product (GDP). The result of regression model testing found that the total assets of Islamic banking had no significant effect (negative) on GDP, while the Islamic banking financing process had significant process had significant effect (positive) on GDP. Variable total assets and total financing of Islamic banking are able to explain the effect 33.8% of GDP variable. This means that Islamic banking has a very small role related to economic growth in Indonesia. The research indicates that the solution for increasing for the influence of Islamic banking could include increasing market share and increasing the share of muḍârabah financing schemes, strengthening regulation, improving the quality and quantity of human resources, and adapting technological advances.  

scholarly journals Regional economic integration, natural resources and foreign direct investment in SADC

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Gameli Adika
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Natural Resources ◽  
Economic Integration ◽  
Natural Resource ◽  
Direct Investment ◽  
Least Square ◽  
Regional Economic Integration ◽  
Content Type

PurposeThis paper aims to examine the role of economic integration and natural resources and foreign direct investment (FDI) complementarity in explaining economic growth in the Southern African Development Community (SADC).Design/methodology/approachThe study employed the ordinary least square-random effects and the generalized two-stage least square instrumental variables (IV) regression to examine the relationship between the variables.FindingsThe authors find that regional economic integration and natural resource abundance are essential for promoting economic growth. The results further show a potential resource curse phenomenon, offset by the complementary effect of FDI in resource-rich countries. The findings are robust after conditioning for different measures of institutional quality.Practical implicationsThe findings suggest the need for deeper regional trade integration and international cooperation, prudent natural resource management and concerted effort toward economic diversification.Originality/valueMany studies have examined the determinants of economic growth in the Southern African Development Community (SADC). However, these studies did not incorporate or assess the potential of economic integration in the region. Moreover, studies that examined the growth effects of FDI did not assess the complementary role of the region's natural resource endowment which potentially drives FDI inflows. This study fills these gaps and provides a robust analysis of economic growth drivers in the region.

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