Displacement from Protected Areas and its implications for conservation and livelihoods-The case of Kuno Wildlife Sanctuary, Madhya Pradesh

Social Change ◽  
2003 ◽  
Vol 33 (2-3) ◽  
pp. 89-114 ◽  
Author(s):  
Arpan Sharma

The designation of Protected Areas (PAs) for biodiversity conservation has had negative implications for communities that derive their sustenance from such areas. Apart from restrictions on resource use, there have also been instances of people being displaced from areas that they had inhabited and that had been designated subsequently as PAs. Movements for greater justice and rights of marginal communities, have been iing the destitution that displacement wreaks on communities, particularly tribals. The present paper describes in detail, an ongoing resettlement and rehabilitation (R&R) exercise from the Kuno Wildlife Sanctuary in Madhya Pradesh in terms of the rehabilitation package offered and the process of R&R. It also discusses the impacts that the displacement has had on the lives of the community in question. Finally, the implications of such relocation attempts for wildlife conservation are discussed. While the rehabilitation package offered in the case of Kuno Wildlife Sanctuary, as well as the overall attitude of the agency that carried out the relocation, seems to have been a significant improvement over previously recorded instances of such exercises, it emerges that displacement has nevertheless had a significant negative impact on the livelihood of the people, at least in the short run. So far, the R&R exercise has been unsatisfactory with respect to several aspects such as identification of suitable land for resettlement, comprehensive inclusion of beneficiary families, assistance to tide over uncertain agricultural output and incomes during the relocation period, provision of alternatives to fodder and non-timber forest resources previously available from forests and creation of communications and road networks for resettled villages. It would require sustained investments by government and non-government agencies, in the medium to long run, for the displaced community to be able to reconstruct livelihoods and regain socio-economic levels that prevailed inside the sanctuary. An important lesson emerging from the Kuno experience is that trauma to the community could be mitigated if the implementing agency concentrates right from the start on genuine mobilisation, and investment in building the community's capacity to deal with the drastic changes that displacement entails.

Author(s):  
Muhammad Mahmud Mostafa

The purpose of this study is to analyze the causal relationship of external debt and balance of payment with foreign direct investment (FDI) in Bangladesh for the period of 1980 to 2017 through the application of Johansen Cointegration technique, Vector Error Correction Model (VECM), and Granger Causality approach. Results of cointegration and VECM indicate a significant long-run relationship between dependent (FDI) and independent variables (external debt and balance of payment). External debt is found to have a significant negative impact on FDI in the long-run, but it is found insignificant in the short-run. In contrast, the balance of payment has a significant positive effect on FDI both in the long-run and short-run. Results of the Granger causality test reveal that there exists bidirectional short-run causality between the balance of payment and FDI; that is, both the balance of payment and FDI affect each other. But no unidirectional or bidirectional short-run causality is found between external debt and FDI. Keywords: FDI, external debt, balance of payment, cointegration, VECM, causality


Author(s):  
Abdurrauf Idowu Babalola ◽  
Saidat Oluwatoyin Onikosi-Alliyu

The study investigated the effect of fiscal policy on crowding out capital inflows in Nigeria using annual data between 1970 and 2011 by using the foreign direct investment (FDI) as proxy to capital inflows represent the dependent variable, budget deficit (BD), foreign borrowing (FL) and domestic borrowing (DL) as proxies to fiscal policy are placed as explanatory variables. Cointegration and ECM technique were employed. Our finding showed that in both the short and long run, BD does not crowd out but rather crowd in FDI. In the short run, DL averagely has significant positive impact on FDI.  However, in the long run, DL has significant negative impact on FDI. More so, in both short run and long run period, FL has significant negative impact on FDI, therefore, FL crowds out FDI. The speed of adjustment back to equilibrium showed that the explanatory variables have capacity to adjust FDI significantly. The study recommends that the government could try to be aware of the implication of its fiscal policy in running a budget deficit and making proper decision in sourcing for funds to finance the deficit. Foreign borrowing is less expensive in financing budget deficit, so if the government must borrow, it should give preference to this source. Generally, the government should reduce deficit because of the implications inherent in it.


2020 ◽  
Vol 12 (14) ◽  
pp. 5869
Author(s):  
Wenwen Zhang ◽  
Yi-Bin Chiu

This study applies the autoregressive distributed lag (ARDL) model to examine the impacts of globalization and country risks on China’s tourism service trade over the period 1984–2015. The results reveal that in the long run, globalization has a significant negative impact on tourism service exports and tourism service trade balances, while a significant positive impact on tourism service imports. In the short run, globalization has a significant negative impact on tourism service imports, while a significant positive impact on tourism service exports and trade balances. Country stability could roughly mitigate these negative and positive impacts of globalization on tourism service trade in both the short and long run. Moreover, the speed of adjustment from the short run to long run equilibrium path is relatively fast. These results are important for China’s policy makers when formulating a strategy for the development of tourism service trade.


2019 ◽  
Vol 7 (1) ◽  
pp. 85-102
Author(s):  
Daniel Agyapong ◽  
Michael Asiamah ◽  
Joop Lloyd Crabbe

The study examines the effect of capital inflows on financial development in Ghana. The study employs the Johansen and Juselius multivariate cointegration approach in analysing the interactions between the variables using annual data spanning 1970 to 2014. The results show foreign direct investment (FDI), external debt, and remittance inflows have significant negative impact on financial development in the long run. Furthermore, there was significant negative relationships between external debt, remittance inflows, and financial development in the short run. However, the relationship between FDI and financial development in the short run was not significant. The study was only limited to Ghana. However, the study will help countries particularly developing countries in analysing inflows of capital and their effect on the development of financial sector for policy purposes. Furthermore, this study provides avenues for policy makers to properly formulate policies containing capital inflows for effective financial sector development. Also, the study will help policy makers in terms of how issues of capital flight must be addressed and how to take pragmatic steps to channel remittances inflows to productive sectors of the economy.


Author(s):  
Emmanuel Busuyi Oguntomi ◽  
Sunday Osahon Igbinedion

For the past three decades the world has witnessed an unprecedented rise in remittance. This upsurge has necessitated researches in its potential impacts on the various facets of development. In spite of the surging interest on the impact of remittance, there has been paucity of researches on the impact of remittance volatility on health outcomes. This study therefore seeks to investigate the nexus between remittance volatility and life expectancy at birth within the Nigeria context, utilizing the Fully Modified Ordinary Least Squares (FMOLS) and Error Correction Model (ECM) for the period 1981 to 2018. Findings suggest that while remittance volatility has statistically significant negative impact on life expectancy in the long-run, it was however positive but insignificant in the short-run. Other factors such as income, education status and public health expenditure were also found to be major determinants of life expectancy in Nigeria. Given that remittances are largely susceptible to external shocks, and are beyond the control of policy makers in the recipient countries, relevant measures should be put in place in the home front to significantly cushion the negative impact of such fluctuations on life expectancy in the long-run.


2018 ◽  
Vol 22 (1) ◽  
pp. 36
Author(s):  
Sahara Sahara

Increasing on electricity price by Indonesian Government in 2001 by 17.47% and 2002 by 24% not only has negative impact on industry sectors but also on agricultural sectors. This paper aims to analysis impact on agricultural sectors performance with using a Recursive Dynamic Computable General Equilibrium (CGE) Model, namely “INDOF model”. The simulation indicates both in the short run and long run increasing on electricity price will reduce industry output, household consumption and employment in agricultural sectors. Besides that the policy will increase price of agricultural product. The negative impacts except household consumption are higher in the long run than that in the short run.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Abubakr Naeem ◽  
Saba Sehrish ◽  
Mabel D. Costa

Purpose This study aims to estimate the time–frequency connectedness among global financial markets. It draws a comparison between the full sample and the sample during the COVID-19 pandemic. Design/methodology/approach The study uses the connectedness framework of Diebold and Yilmaz (2012) and Barunik and Krehlik (2018), both of which consider time and frequency connectedness and show that spillover is specific to not only the time domain but also the frequency (short- and long-run) domain. The analysis also includes pairwise connectedness by making use of network analysis. Daily data on the MSCI World Index, Barclays Bloomberg Global Treasury Index, Oil future, Gold future, Dow Jones World Islamic Index and Bitcoin have been used over the period from May 01, 2013 to July 31, 2020. Findings This study finds that cryptocurrency, bond and gold are hedges against both conventional stocks and Islamic stocks on average; however, these are not “safe havens” during an economic crisis, i.e. COVID-19. External shocks, such as COVID-19, strengthen the return connectedness among all six financial markets. Research limitations/implications For investors, the study provides important insights that during external shocks such as COVID-19, there is a spillover effect, and investors are unable to hedge risk between conventional stocks and Islamic stocks. These so-called safe haven investment alternatives suffer from the similar negative impact of systemic financial risk. However, during an external shock such as COVID-19, cryptocurrencies, bonds and gold can be used to hedge risk against conventional stocks, Islamic stocks and oil. Moreover, the findings imply that by engaging in momentum trading, active investors can gain short-run benefits before the market processes any new information. Originality/value The study contributes to the emergent literature investigating the connectedness among financial markets during the COVID-19 pandemic. It provides evidence that the return connectedness among six global financial markets, namely, conventional stocks, Islamic stocks, bond, oil, gold and cryptocurrency, is extremely strong. From a methodological standpoint, this study finds that COVID-19 pandemic shock has a significant short-run impact on the connectedness among financial markets.


2019 ◽  
Vol 10 (3) ◽  
pp. 368-384 ◽  
Author(s):  
Kafayat Amusa ◽  
Mutiu Abimbola Oyinlola

Purpose The purpose of this paper is to examine the relationship between government expenditure and economic growth in Botswana over the period 1985‒2016. The study employed the auto-regressive distributed lag (ARDL) bounds testing approach in investigating the nexus. The study makes the argument that the effectiveness of public spending should be assessed not only against the amount of the expenditure but also by the type of the expenditure. The empirical findings showed that aggregate expenditure has a negative short-run and positive long-run effect on economic growth. When expenditure is disaggregated, both forms of expenditures have a positive short-run effect on economic growth, whereas only a long-run positive impact of recurrent expenditure is observed. The study suggests the need to prioritize scarce resources in productive recurrent and development spending that enables increased productivity. Design/methodology/approach This study examined the effectiveness of government spending in Botswana, within an ARDL framework from 1985 to 2016. To achieve this, the analysis is carried out on both an aggregate and disaggregated level. Government spending is divided into recurrent and development expenditures. Findings This study examined the effectiveness of government spending in Botswana, within an ARDL framework from 1985 to 2016. To achieve this, the analysis hinged on both the aggregate and disaggregated levels. The results of the aggregate analysis suggest that total public expenditure has a negative impact on economic growth in the short run; however, its impact becomes positive over the long run. On disaggregating government spending, the results show that both recurrent and development expenditures have a significant positive short-run impact on growth; however, in the long run, the significant positive impact is only observed for recurrent expenditure. Practical implications The results provide evidence of the diverse effects of government expenditure in the country. In the period under investigation, 73 percent of total government expenditure in Botswana was recurrent in nature, whereas 23 percent was related to development. From the results, it can be observed that although the recurrent expenditure has contributed to increased growth and must be encouraged, it is also pertinent for the Botswana Government to endeavor to place more emphasis on productive development expenditure in order to enhance short- and long-term growth. Further, there is a need to strengthen the growth-enhancing structures and to prioritize the scarce economic resources toward productive spending and ensuring continued proper governance over such expenditures. Originality/value The study provides empirical evidence on the effectiveness of government spending in a small open, resource-reliant middle-income SSA economy and argues that the effectiveness of public spending must be assessed not only against the amount of the expenditure but also on the type or composition of the expenditure. The study contributes to the scant empirical literature on Botswana by employing the ARDL approach to cointegration technique in estimating the long- and short-run impact of government expenditure on economic growth between 1985 and 2016.


1980 ◽  
Vol 9 (1) ◽  
pp. 41-45 ◽  
Author(s):  
G. Joachim Elterich ◽  
Sharif Masud

Milk supply response by dairy farmers in Delaware was analyzed employing distributed lag price structures for number of milk cows and milk production per cow. A polynominal distributed lag model is fitted to quarterly data with deflated prices for the period 1966 to 1978. The variations in the number of milk cows is explained by about 98 percent. Farmers react positively to milk prices after 1–2 years, while wages and feed prices have a negative impact on cow numbers. Milk production per cow shows positive adjustments to milk prices after 6 to 15 months. Technology and feed prices influence also milk production While the short-run price elasticity of milk production is only .2, the long-run aggregate elasticity grows to 2.8 percent. Intermediate-run projections of milk supply were also performed with the model.


2019 ◽  
Vol 14 (03) ◽  
pp. 1950013
Author(s):  
SURESH KUMAR OAD RAJPUT ◽  
NIAZ HUSSAIN GHUMRO ◽  
NADIA ANJUM

This paper investigates whether exchange rate changes have symmetric or asymmetric effects on international trade integration, using quarterly time series data from 1980: Q1 till 2018: Q2. The recent innovation in cointegration techniques allows us to estimate nonlinear effects. We apply both linear autoregressive distributed lags (ARDL) and nonlinear ARDL models. The empirical results indicate that asymmetric relationship exists between exchange rate (REER) and international trade integration (ITI) in the short-run as well as in the long-run, meaning that real effective exchange rate has negative and statistically significant effects on international trade integration. Robustness checks indicate no role of various crisis including GFC on the relationship between ITI and REER, however, regime change has significantly negative impact in short-run and positive in long-run on ITI. The results are important because when we separate currency appreciation from the depreciation, it has the significant and different effects on international trade integration.


Sign in / Sign up

Export Citation Format

Share Document