scholarly journals Economic uncertainty and tourism consumption

2020 ◽  
pp. 135481662098151
Author(s):  
Canh Phuc Nguyen ◽  
Su Dinh Thanh ◽  
Bach Nguyen
Keyword(s):  
Economic Development ◽  
Theory Of Reasoned Action ◽  
Reasoned Action ◽  
Negative Impact ◽  
Positive Impact ◽  
Tourism Development ◽  
Economic Uncertainty ◽  
Middle Income ◽  
Domestic Tourism

This study examines the influence of economic uncertainty on tourism. The key hypothesis to test is that while economic uncertainty reduces outbound tourism, it may boost domestic tourism due to the economic-stagnant effects. Utilizing the framework of the theory of reasoned action to analyze a global sample of 124 countries over the period 1996–2017, we find some initial evidence showing that an increase in economic uncertainty encourages domestic tourism while reducing outbound tourism in the global sample. Notably, while these effects are consistent in the upper-middle-income economies, an increase in uncertainty has a positive impact on both domestic and outbound tourism in lower-middle-income economies and a negative impact on both domestic and outbound tourism in higher-income economies. The key implementation of this study is that tourism development is not always associated with economic development and stability; sometimes it could be a signal of economic stagnancy and inactiveness.

Investigating the Factors of Consumers’ Purchase Intention Towards Life Insurance in Bangladesh: An Application of the Theory of Reasoned Action

2020 ◽  
Vol 25 (2) ◽  
Author(s):  
Marzia Nomi ◽  
Md. Mahiuddin Sabbir
Keyword(s):  
Risk Aversion ◽  
Life Insurance ◽  
Financial Literacy ◽  
Purchase Intention ◽  
Theory Of Reasoned Action ◽  
Reasoned Action ◽  
Negative Impact ◽  
Positive Impact ◽  
Subjective Norms ◽  
Consumer Purchase Intention

This study aims to examine the factors that influence consumer purchase intention towards life insurance. The study included religiosity, risk aversion motives, saving motives, and financial literacy with classical Theory of Reasoned Action (TRA), therefore extending the model. A convenience sampling method was employed to collect data from 315 respondents working in different public and private institutions in Bangladesh. Collected data were analysed using the structural equation model (SEM). The results revealed that attitude, subjective norms, risk aversion motives, saving motives, and financial literacy have a significant positive impact on consumer purchase intention towards life insurance. Moreover, religiosity was found to have a negative impact on purchase intention. In addition, saving motives was found as a mediator in the relationship between risk aversion motives and purchase intention, as well as between financial literacy and purchase intention. Since attitude and subjective norms were found to have the most effect on purchase intention, the study implicated that marketers should emphasise company image, reputation, and the credibility of the agents, together with the significant others to whom we often turn to before making any financial decision. Finally, the study offered directions for further research after divulging several limitations.

scholarly journals An Analysis of Factors Affecting Staffs Knowledge Sharing In the Central Library of the University of Isfahan Using the Extension of Theory of Reasoned Action

2012 ◽  
Vol 2 (1) ◽  
pp. 158 ◽  
Author(s):  
Sayyad Mohsen Allameh ◽  
Ahmad Abedini ◽  
Javad Khazaei Pool ◽  
Ali Kazemi
Keyword(s):  
Knowledge Sharing ◽  
Theory Of Reasoned Action ◽  
Success Factors ◽  
Reasoned Action ◽  
Positive Impact ◽  
Structural Equations ◽  
Statistical Population ◽  
Factors Affecting ◽  
Structural Equations Model ◽  
The University

The vital importance of knowledge management, in today’s complicated and changing environment as a source for strategic reconstruction of an organization cannot be denied. Furthermore, the effective sharing of knowledge is one of the most important success factors in an organization. This study aims at predicting the staff’s sharing of knowledge in the central library of the University of Isfahan. The conceptual framework for this study is consisted of the completed model of Theory of Reasoned Action. The statistical population of the current study contains the staffs of central library in university of Isfahan out of which 160 participants were studied by the census method. For the validity evaluation of the model, the structural equations model was applied and based on the results of path analysis relationship between research variables it was confirmed. The research results show that the expected organizational reward, reciprocal benefits, self-efficacy of knowledge, and enjoyment in helping others affect attitude and intention for the sharing of knowledge. The research findings indicate the positive impact of subjective norms on knowledge sharing intentions.

scholarly journals Cultural and Social Diversity as an Economic Resource

2021 ◽  
Vol 65 (2) ◽  
pp. 141-155
Author(s):  
Damian S. Pyrkosz
Keyword(s):  
Economic Development ◽  
Negative Impact ◽  
Positive Impact ◽  
Economic Systems ◽  
Main Body ◽  
Social Diversity ◽  
Economic Resource ◽  
Numerous Data ◽  
The Relationship

The paper seeks to identify the role of cultural and social diversity in economic development. It starts by defining the terms that are critical to the analysis, including diversity, fractionalization, polarization, social diversity, cultural diversity and economic resources, as well as providing the most significant indexes thereof. The main body of the paper interprets the notions of cultural and social diversity in terms of being a valuable economic resource. Furthermore, it collects a vast body of literature to demonstrate the relationship between the cultural/social diversity and economic development with regard to adverse or positive impact on the latter. In regard to the negative impact of diversity, the paper identifies it in the area of social communication, social capital and networks, as it effectively causes a decrease in productivity and increase in social conflict and isolation. The positive link is demonstrated with examples in the areas of innovation, creativity, usage of complementary abilities and experiences, and their role in increasing productivity. The paper refers to numerous data sources, studies and indexes illustrating how the economic systems of various countries perform in the context of the paper’s subject-matter.

Impact of Foreign Capital on Economic Development in India: An Econometric Investigation

2017 ◽  
Vol 18 (3) ◽  
pp. 766-780 ◽  
Author(s):  
Kalpana Sahoo ◽  
Narayan Sethi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Capital ◽  
Negative Impact ◽  
Positive Impact ◽  
Private Investment ◽  
Series Data ◽  
Domestic Investment ◽  
Long Run ◽  
Foreign Private Investment

The present study empirically investigates the long-run causal relationship between foreign capital and economic development in India by using the annual time-series data from 1990–1991 to 2013–2014. The study uses some selected macroeconomic variables such as per capita government expenditure on education (PcGEE, as an indicator of economic development), gross domestic product (GDP, as an indicator of economic growth), gross capital formation (GCF, as an indicator of domestic investment), official development assistance (ODA, as an indicator of foreign official inflows) and foreign direct investment (FDI, as an indicator of foreign private investment) for its empirical analysis. By using the cointegration test and the vector vector-error correction model (VECM) technique, this study finds that in the long run, domestic investment has shown a significant and positive impact on economic development, whereas, ODA, FDI and GDP have shown a significant negative impact on it. It concludes that domestic investment, foreign capital along with economic growth have a significant impact on economic development in India in long run. It suggests that the national developmental policy of India should focus on the productive utilization of both domestic and foreign capital along with it should give emphasis on effective transformation of growth benefits towards development process.

scholarly journals Impacts from Economic Development and Environmental Factors on Life Expectancy: A Comparative Study Based on Data from Both Developed and Developing Countries from 2004 to 2016

2021 ◽  
Vol 18 (16) ◽  
pp. 8559
Author(s):  
Zhiheng Chen ◽  
Yuting Ma ◽  
Junyi Hua ◽  
Yuanhong Wang ◽  
Hongpeng Guo
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Gini Coefficient ◽  
Negative Impact ◽  
Positive Impact ◽  
Developed Countries ◽  
Environmental Indicators ◽  
Gdp Per Capita ◽  
Per Capita ◽  
Urbanization Rate

Both economic development level and environmental factors have significant impacts on life expectancy at birth (LE). This paper takes LE as the research object and selects nine economic and environmental indicators with various impacts on LE. Based on a dataset of economic and environmental indicators of 20 countries from 2004 to 2016, our research uses the Pearson Correlation Coefficient to evaluate the correlation coefficients between the indicators, and we use multiple regression models to measure the impact of each indicator on LE. Based on the results from models and calculations, this study conducts a comparative analysis of the influencing mechanisms of different indicators on LE in both developed and developing countries, with conclusions as follow: (1) GDP per capita and the percentage of forest area to land area have a positive impact on LE in developed countries; however, they have a negative impact on LE in developing countries. Total public expenditure on education as a percentage of GDP and fertilizer consumption have a negative impact on LE in developed countries; however, they have a positive impact on LE in developing countries. Gini coefficient and average annual exposure to PM2.5 have no significant effect on LE in developed countries; however, they have a negative impact on LE in developing countries. Current healthcare expenditures per capita have a negative impact on LE in developed countries, and there is no significant impact on LE in developing countries. (2) The urbanization rate has a significant positive impact on LE in both developed countries and developing countries. Carbon dioxide emissions have a negative impact on LE in both developed and developing countries. (3) In developed countries, GDP per capita has the greatest positive impact on LE, while fertilizer consumption has the greatest negative impact on LE. In developing countries, the urbanization rate has the greatest positive impact on LE, while the Gini coefficient has the greatest negative impact on LE. To improve and prolong LE, it is suggested that countries should prioritize increasing GDP per capita and urbanization level. At the same time, countries should also work on reducing the Gini coefficient and formulating appropriate healthcare and education policies. On the other hand, countries should balance between economic development and environmental protection, putting the emphasis more on environmental protection, reducing environmental pollution, and improving the environment’s ability of self-purification.

scholarly journals Economic Impacts of Craftsman Statue on Community Based Tourism Development

2017 ◽  
Vol 1 (3) ◽  
pp. 59
Author(s):  
A.A. Gde Putra Pemayun ◽  
A.A. Istri Agung Maheswari
Keyword(s):  
Economic System ◽  
Community Involvement ◽  
Negative Impact ◽  
Positive Impact ◽  
National Income ◽  
Tourism Development ◽  
Poverty Line ◽  
Food Prices ◽  
Market Failures ◽  
The Government

This study examines the "Economic Impact of Craftsmen Statue on Community Base Tourism Development in Tohpati village Klungkung Bali". The core concept of economic problems is the imbalance between unlimited human needs and the means of satisfying the needs of a limited number. Economics should not be emphasized through the point, but it should be emphasized as an approach to explain human behavior (Gary Becker). The economic system is a means used to regulate all economic activities in society whether done by the government or private in order to achieve prosperity and prosperity together. The Economic system can be divided into three namely: a First capitalist economic system that is all economic activity submitted to the market. Second, the communist economic system is all things governed by the government. The third is a mixed economic system that is a combination of the two economic systems above (capitalist and communist). Indonesia should adopt a mixed economic system because firstly, Indonesia is an emerging country, where market failures often occur due to uneven information or accessibility to transportation and communication facilities. The second is that there are still many Indonesian people are below the poverty line. Thirdly most Indonesians have businesses that are still classified into small and medium enterprises that still can not compete perfectly with a bigger business. In addition, in a mixed economic system also required the role of government in overseeing the development of the economy that runs in the country of Indonesia, in order to create prosperity in public life. To implement a mixed economic system it must be applied in a real way in the community environment so that the economic system in a country becomes smooth, balanced, and make more prosperous for all parties involved. Community Base Tourism as a model of tourism development today because community involvement including maintenance is something that must be applied. Tohpati village community adherents of the traditional economy inevitably have to deal with the values ​​of novelty in the global economic order. Economic development that takes place in a country brings impact, both positive and negative. Positive impact: increased foreign exchange earnings, expanding or accelerating business opportunities, increasing national income, increasing tax revenues, expanding employment opportunities, promoting growth in development that has natural potential. Negative impact: land prices skyrocket, in tourism centers expensive food prices, biological resources become damaged, the occurrence of urbanization. The circulation of drugs, prostitution is difficult to monitor.

scholarly journals Dampak Pengembangan Desa Wisata Nglanggeran Terhadap Ekonomi Masyarakat Lokal

2017 ◽  
Author(s):  
Hary Hermawan
Keyword(s):  
Economic Development ◽  
Community Involvement ◽  
Local Community ◽  
Negative Impact ◽  
Positive Impact ◽  
Local Communities ◽  
Local Economy ◽  
Rural Tourism ◽  
Tourist Village ◽  
The Village

Research on the effects of economic development of rural tourism to the local community is a kind of descriptive qualitative research. This research was conducted in the village of Nglanggeran, District Pathuk, Gunung Kidul, Yogakarta. The survey results revealed that the development activities of the Tourism Village Nglanggeran considered quite good, the main indicator is the average increase in tourist arrivals sizeable year-on-year. The readiness of local communities in terms of education, knowledge, and level of community involvement in the development of rural tourism shows that the public has been sufficiently prepared to deal with potential impacts that arise. The level of development of tourism which generates high frequency level of interaction between local communities and the frequent travelers, which is an average of more than 5 times the interaction per 3 months. The results showed that developing a tourist village bring a positive impact to the economic development of local communities in the village Nglanggeran, including: increased public income; increase employment and business opportunities; increase ownership and control of local communities; increase government revenues through travel levy. While indications of a negative impact on the local economy in the form of rising prices of goods can not be found.

scholarly journals An empirical impact analysis of Agribusiness Development Project of Bangladesh

2017 ◽  
Vol 15 (1) ◽  
pp. 62-72
Author(s):  
PK Sarma ◽  
SK Raha
Keyword(s):  
Economic Development ◽  
Urban Areas ◽  
Impact Analysis ◽  
Agricultural Land ◽  
Negative Impact ◽  
Positive Impact ◽  
Poor People ◽  
Full Time ◽  
Project Objectives ◽  
The Impact

The aim of the study was to identify the extent of the project objectives are implemented and the impact of the project. The sample size was determinate by using cluster sampling techniques with considering the design effect which was covered 1281 sample from ASA 518, BRAC 347and TMSS 415. Data was collected by pre-determine interview schedule, FGD, KII and observation methods in the year 2016. The collected data were analyzed by descriptive statistics and econometric model using the SPSS software. The result revealed that the project beneficiaries homestead, garden ponds and land on the amount of positive and negative impact on the amount of agricultural land and created employment of 2320 person in the beneficiary entrepreneurs 2104 people full-time and part-time jobs have been created. According to both the groups jobs have been created due to project activities in project area. The project has created 33432 agribusiness entrepreneurs and about three times a job was generated by them and 90524 person’s employment in rural and semi-urban areas. It help to increase monthly income on an average 30.07% which contribute to socio-economic development of the area and economy through providing support to rural poor people and creation rural entrepreneurs. The credit diversion of producers, processors, marketers and input suppliers of beneficiary group was less by 8.09%, 29.01%, 20.37% and 17.80%, respectively. This study has been undertaken as an examining to assess the role and significance of agribusiness in Bangladesh along with the present situation and future prospective. Agribusiness plays a vital role to the increased income realized by the farmers. The study recommended that the agribusiness has positive impact on income of the farmers, increased commercialization and economic development in Bangladesh.J. Bangladesh Agril. Univ. 15(1): 62-72, January 2017

scholarly journals NIGERIA’S REVENUE ALLOCATION AND SUSTAINABLE ECONOMIC DEVELOPMENT

10.26458/1843 ◽  
2018 ◽  
Vol 18 (4) ◽  
pp. 97-112
Author(s):  
Cordelia Onyinyechi Omodero
Keyword(s):  
Economic Development ◽  
Time Series Data ◽  
Negative Impact ◽  
Positive Impact ◽  
Ordinary Least Squares ◽  
Series Data ◽  
Monthly Basis ◽  
Use Of Resources ◽  
Revenue Allocation ◽  
The Government

AbstractSustainability of economic development in Nigeria has been a serious challenge despite the huge revenue allocated to the three tiers of the government on a monthly basis from the federation account.  This recurring decimal has left the country in a pitiable condition with inadequate infrastructures to carry on economic activities.  The study examines the extent to which revenue allocation enhances economic development using time series data obtained from CBN Statistical Bulletin which covered a period from 1981 to 2016.  Ordinary Least Squares technique was employed and the findings revealed that FASG and NDSD have significant negative impact on PCI while FAFG has insignificant negative impact on PCI.  On the contrast, the result shows that FALG has a robust significant positive impact on PCI.  The study attributes this poor performance to misuse of resources and suggest that more stringent measures be employed by the government to fight graft in the public sector and among government officials.  This will help to curb corrupt practices and ensure efficient and effective use of resources to boost economic development.   Keywords: Revenue allocation, economic development, federation account, Resources, Nigeria.

THE INFLUENCE OF FACTORS INTERNAL AND EXTERNAL ENVIRONMENT OF TEK FOR EFFECTIVE SOCIO-ECONOMIC DEVELOPMENT OF RURAL AREAS

2020 ◽  
Vol 36 (2) ◽  
pp. 187-197
Author(s):  
M.T. Lukyanova ◽  
Keyword(s):  
Economic Development ◽  
Rural Areas ◽  
Distribution System ◽  
Negative Impact ◽  
Positive Impact ◽  
Electricity Production ◽  
Republic Of Bashkortostan ◽  
Socio Economic Development ◽  
Production And Distribution ◽  
The Republic

An important role in achieving stable socio-economic development of the Republic of Bashkortostan belongs to its fuel and energy complex-an important part of the national economy of the country. The capacity of the complex is evidenced by the fact that its share in the total volume of shipped products is up to 50%; the profit received is about 70%; revenues in the consolidated budget of the Republic-about 40%. The article analyzes the current problems of development of the territorial energy system. Based on the analysis of the company's competitiveness, the factors that require special attention are identified: innovations in terms of improving the energy efficiency of processes and reliability of the production and distribution system, building long-term relationships with customers, integrated links with consumer markets inside and outside the Republic of Belarus. Regional marketing, administrative and managerial factors have a positive impact on the development of electricity production and distribution in the Republic of Bashkortostan, while trends in technological and environmental factors have a negative impact.

Sign in / Sign up

Export Citation Format

Share Document