scholarly journals Convergence or Divergence Among Indian States: A Study Of New Series Data

Author(s):  
A. Vamsi Krushna

Till now there is a vast literature available on this subject both theoretically and empirically.  All the studies are mostly observing this convergence/divergence nature over a long period of time.  To quote some of the researches such as Trivedi (2002), Bandyopadhyay (2002), Michelle, Kirsty and Cassen (2005), Nayyar (2008), Kalra & Sodsriwiboon (2010), Ghosh (2012), Stewart and Moslares (2014), Mishra and Mishra (2017) and Chakraborty and Chakraborty (2018) all are considered long period of time to estimate the presence of convergence/divergence among Indian states. But the long term development of a region depends upon so many factors such as availability of natural resources, human resources, economic policies adopted in the region, political climate etc.  Hence, when we are dealing with the issue of convergence/divergence we have to consider the above-said factors.  From this point of view, this paper focuses on the short term observing of convergence/divergence particularly with reference to Indian states during the period 2011-12 to 2016-17.  High Growth Group States witnessed convergence in PCNSDP while Low Growth Group States and the Total States exhibited divergent trends. The high Growth Group States converged at a rate of 49.8 per cent during the study period.  The rate of divergence among the Low Growth Group States is 14.5 per cent.  Regarding the Total States, the rate of divergence is observed as 12.4 per cent.  Here also the high growth group states are accounted for fewer fluctuations when compared with low growth group states.

2021 ◽  
pp. 002071522199352
Author(s):  
Boris Heizmann ◽  
Nora Huth

This article addresses the extent to which economic downturns influence the perception of immigrants as an economic threat and through which channels this occurs. Our primary objective is an investigation of the specific mechanisms that connect economic conditions to the perception of immigrants as a threat. We therefore also contribute to theoretical discussions based on group threat and realistic group conflict theory by exposing the dominant source of competition relevant to these relationships. Furthermore, we investigate whether people react more sensitive to short-term economic dynamics within countries than to the long-term economic circumstances. Our database comprises all waves of the European Social Survey from 2002 to 2017. The macro-economic indicators we use include GDP per capita, unemployment, and national debt levels, covering the most salient economic dimensions. We furthermore control for the country’s migration situation and aggregate party positions toward cultural diversity. Our results show that the dynamic short-term developments of the economy and migration within countries are of greater relevance for perceived immigrant threat than the long-term situation. In contrast, the long-term political climate appears to be more important than short-term changes in the aggregate party positions. Further mediation analyses show that objective economic conditions influence anti-immigrant attitudes primarily through individual perceptions of the country’s economic performance and that unemployment rates are of primary importance.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lakshminarayana Kompella

Purpose This paper aims to explain transitions in a socio-technical system characterized by non-economic entities that influence economic activity, i.e. embeddedness and coalitions. The selected socio-technical system is an Indian electric network with an interventionist policy. Its embeddedness and coalitions drive the transition. The insights from such analysis expand socio-technical transition theory and provide valuable insights to practitioners in their policymaking. Design/methodology/approach The authors need to observe the effects of non-economic institutions in their setting. Moreover, in India, the regional policies influence decision-making; therefore, selected two Indian states. The two Indian states, along with their non-economic entities, provided diverse analytic and heuristic views. Findings The findings show that coalitions, with their embeddedness in the absence of any mediating policy systems, act as external pressures and influence innovation and the socio-technical system’s transition trajectory. Their coalitions’ embeddedness follows a shaping, not selection logic. Thereby influence innovations in cumulating as stable designs. Such an approach provides benefits in the short-term but not in the long-term. Research limitations/implications The study selected two states and examined two of the four trajectories. By considering other states, the authors can obtain more renewable energy investments and further insights into the transformational trajectory. Practical implications The study highlights the coalition dynamics specific to the Indian electric power network and its transition trajectories. The non-economic entities influenced transition trajectories, innovation and policymaking of the socio-technical system. Originality/value The study expands the socio-technical transition theory by including embeddedness. The embeddedness brings a shaping logic instead of a selection logic.


2017 ◽  
Vol 1 (1) ◽  
pp. 12
Author(s):  
Muammil Sun’an ◽  
Amran Husen

<p>This study aim is to test the money neutrality in a narrow sense (M1) and a broad sense (M2) to the growth of output (GDP) in Indonesia, both in short term and long term. This research uses quarterly time series data at 2010 - 2016 periods. The analysis tool used is Error Correction Model (ECM). The results show that short-term money supply (M1 and M2) affect on output growth. However, in the long term, only money circulation in a broad sense (M2) affects on output growth, which also means that money is not neutral because it affects the real sector (GDP).</p><p> <strong>Keywords:</strong> M1, M2, Population, Capital, and Economic Growth.</p>


2021 ◽  
Vol 2 (1) ◽  
pp. 33
Author(s):  
Haposan Orlando Napitupulu ◽  
Ana Arifatus Sa'diyah ◽  
Farah Mutiara

This study aims to analyze the integration of the Arabica and Robusta coffee markets in Indonesia with world coffee prices. The study uses secondary data in the form of annual time series data during the period 1985 - 2015. The study uses the VECM analysis method. This method explains the relationship of long-term dynamic equilibrium and short-term equilibrium in a system of equations. The analysis shows that Indonesian and world Arabica coffee is not integrated in the long term or the short term. In Robusta coffee VECM estimation analysis shows that there is a significant value at the 10% level in a long-term relationship with a value of 0.08579, which means that there is a short-term relationship between world Robusta coffee prices and domestic Robusta coffee prices in the previous year, but no relationship in the long run.


2021 ◽  
Vol 10 (3) ◽  
pp. 134-143
Author(s):  
Annisa Yulianti ◽  
Hadi Sasana

 This study aims to analyze the short-term and long-term relationship of increasing the minimum wage in Central Java on employment. The research method used is ECM. The variables of this study include labor, minimum wages, PMDN, and economic growth. The data used are time-series data from 1990-2020. The results show that the minimum wage has a positive and significant relationship to the employment in the long term but not significantly in the short time. PMDN has a negative but significant correlation in the short and long term. At the same time, the variable economic growth has a positive but not meaningful relationship to employment absorption in the long and short term.


2020 ◽  
Vol 1 (6) ◽  
pp. 30-33
Author(s):  
Shahin ripon Nazmul ◽  
Riyaaz Sanjoy

This study discuses Short-term cost interpretation, regression analysis with time-series data, long term cost interpretation, Regression analysis using cross-section data, cost forecasting and Changes in the productivity of production factors. Short-term cost interpretation lead to short-term decisions, the concept of incramental costs has a very important role which includes variable costs and changes in fixed costs.  Long term cost interpretation to analyze the production function of several different firms, long-run cost estimates can be used. Based on these conditions, the estimation of long-term costs uses cross-section data. Forecasting costs for various levels of output in the coming period requires an assessment of changes in the efficiency of the production process physically, plus changes in the prices of production factors used in the production process.


2012 ◽  
Vol 2012 ◽  
pp. 1-15 ◽  
Author(s):  
Jia Chaolong ◽  
Xu Weixiang ◽  
Wang Futian ◽  
Wang Hanning

The combination of linear and nonlinear methods is widely used in the prediction of time series data. This paper analyzes track irregularity time series data by using gray incidence degree models and methods of data transformation, trying to find the connotative relationship between the time series data. In this paper, GM(1,1)is based on first-order, single variable linear differential equations; after an adaptive improvement and error correction, it is used to predict the long-term changing trend of track irregularity at a fixed measuring point; the stochastic linear AR, Kalman filtering model, and artificial neural network model are applied to predict the short-term changing trend of track irregularity at unit section. Both long-term and short-term changes prove that the model is effective and can achieve the expected accuracy.


2014 ◽  
Vol 960-961 ◽  
pp. 1562-1566 ◽  
Author(s):  
Teng Yu Ge ◽  
Bu Han Zhang ◽  
Jun Li Wu ◽  
Bing Jie Jin ◽  
Shuang Zhao ◽  
...  

Microgrid can be applied in different locations, relative to traditional power technology. It can improve the reliability of users of electricity and power system operation. Distributed power in microgrid needs real-time and multi-objective optimization management. This paper discusses functions and structure of microgrid energy management system(MGEMS) when connected with the main grid. Problems in long-term and short-term energy management of microgrid are discussed. From the point of view of the software platform, the system structure of MGEMS software are proposed. On this basis, this paper discusses the way to construct modules of MGEMS and their functions.


Author(s):  
Achmad Agus Priyono ◽  
Ari Kartiko

Purpose of this study is to clarify the effect of the number of daily cases reported to have contracted the Covid-19 virus, the exchange rate of the rupiah against the US dollar and inflation on the movement of the Indonesian Sharia stock index (ISSI) during the Pandemic Covid 19 in the short term and long term. Data analysis methods that used is analysis Error Correction Mechanism (ECM) using Eviews software 10. The data collected is daily time series data starting from March 2, 2020 to May 31, 2021 so that the number of samples collected obtained as many as 283 samples . The results of the study stated that the addition of the daily number of reported cases of contracting the Covid-19 virus has a negative impact on The Indonesian Sharia Stock Market Index (ISSI) during the Covid-19 pandemic, so that encourage the weakening of the Stock Index both in the long and long term short. Likewise, the weakening of the rupiah against the US dollar will caused the fall of the sharia index during the Covid 19 pandemic, both in the long term and long and short term. However, the study found no effect inflation on the Indonesian Sharia Stock Index (ISSI) during the Covid19 pandemic, good long term and short term


Author(s):  
María Victoria Carrillo-Durán ◽  
Juan Luis Tato-Jiménez

This chapter aims to clarify the role of social networking sites (SNSs) such as Facebook, Twitter, and LinkedIn in building the reputation of enterprises. SNSs have a vast potential in the digital environment to build reputation and thus a long-term competitive advantage for companies. The chapter opts for a literature review with which to discuss the difficulties and possibilities companies have in building reputation through SNSs. The SNSs used in companies are marketing-centered. Engagement is promoted only with customers, and is short-term and centered on results instead of being long-term and centered on competitive advantage and promoting engagement with different stakeholders. This issue is not dependent on the size of the company. Instead, it is dependent on understanding the concept of reputation from a strategic point of view, with companies adapting their management to their own particularities and to the different possibilities offered by SNSs.


Sign in / Sign up

Export Citation Format

Share Document