scholarly journals THE MACROECONOMIC IMPLICATIONS OF CONSUMPTION: STATE-OF-ART AND PROSPECTS FOR THE HETERODOX FUTURE RESEARCH

2017 ◽  
Vol 35 (especial) ◽  
Author(s):  
Lídia Brochier ◽  
Antonio Carlos Macedo e Silva

The recent US economic scenario has motivated a series of heterodox papers concerned with household indebtedness and consumption. Though discussing autonomous consumption, most of the theoretical papers rely on private investment-led growth models. An alternative approach is the so-called Sraffian supermultipler model, which treats long-run investment as induced, allowing for the possibility that other final demand components – including consumption – may lead long-run growth. We suggest that the dialogue between these approaches is not only possible but may prove to be quite fruitful.

2014 ◽  
Vol 59 (02) ◽  
pp. 1450012 ◽  
Author(s):  
JAGANNATH MALLICK

This paper examines the club-convergence and conditional convergence of economic growth of the major 15 states in India over the periods from 1993–1994 to 2004–2005 by using dynamic fixed effect growth models. The result finds that there is club-convergence within the middle income states. There is also evidence of the convergence of per capita income among Indian states by conditioning private investment and public investment along with other factors of economic growth. This paper is innovative in separating the significance of private investment from the public investment in the long-run dynamics of income in Indian states. This paper suggests that regional disparity in income can be reduced by equitable allocation of private investment and equitable distribution of public investment.


2019 ◽  
Vol 7 (4) ◽  
pp. 486-497
Author(s):  
Gustavo Bhering ◽  
Franklin Serrano ◽  
Fabio Freitas

Thirlwall's law, given by the ratio of the rate of growth of exports to the income elasticity of imports is a key result of balance-of-payments-constrained long-run growth models with balanced trade. Some authors have extended the analysis to incorporate long-run net capital flows. We provide a critical evaluation of these efforts and propose an alternative approach to deal with long-run external debt sustainability, based on two key features. First, we treat the external debt-to-exports ratio as the relevant indicator for the analysis of external debt sustainability. Second, we include an external credit constraint in the form of a maximum acceptable level of this ratio. The main results that emerge are that sustainable long-run capital flows can positively affect the long-run level of output, but not the rate of growth compatible with the balance-of-payments constraint, as exports must ultimately tend to grow at the same rate as imports. Therefore, Thirlwall's law still holds.


2021 ◽  
Author(s):  
Solomon Tilahun Mengistu

Abstract Abstract In recent years, a vast literature has appeared on the relationship between fiscal policy and long-run economic growth. With the aim of give an overview of the recent discussion and establish a point of departure for future research, this study used time series techniques and used empirical model by Kneller et al (1999) and Bleaney et al (2000) to investigate the link between various components of fiscal policy on Ethiopia’s economic growth on annual data for the period 1985/86 – 2019. It employed the autoregressive distributed lag estimation technique. Results from the bound tests showed that there was a long-run relationship between the variables. Disaggregating government expenditure into productive and unproductive and tax revenue into distortionary and non-distortionary, this study found unproductive expenditure and non-distortionary tax revenue to be neutral to growth as predicted by economic theory. Moreover, productive expenditure has positive effect on growth while there was evidence of distortionary effects on growth of distortionary taxes. These results give right signal to policy makers in Ethiopia in formulating expenditure and tax policies to ensure unproductive expenditures are reduced while at the same time boosting public investment. Furthermore, there is need to encourage private investment in the country.


Author(s):  
Gianluca Serafini ◽  
Andrea Aguglia ◽  
Andrea Amerio ◽  
Giovanna Canepa ◽  
Giulia Adavastro ◽  
...  

AbstractExperience of bullying may be a significant risk factor for non-suicidal self-injury (NSSI). This study had three aims: to systematically investigate the association between bullying and NSSI, analyze the possible mechanisms underlying the two phenomena, and evaluate any differences between bullying victimization and bullying perpetration with respect to NSSI. A systematic search about the association between bullying victimization and perpetration and NSSI was conducted using specific databases (PubMed, Scopus, Science Direct). The following keywords were used in all database searches: "bullying" AND "NSSI" OR "peer victimization" and NSSI. The searches in PubMed, Scopus and Science Direct revealed a total of 88 articles about bullying or peer victimization and NSSI. However, only 29 met our inclusion criteria and were used for the present review. Overall, all studies examined victimization; four studies also evaluated the effects of perpetration and one included bully-victims. According to the main findings, both being a victim of bullying and perpetrating bullying may increase the risk of adverse psychological outcomes in terms of NSSI and suicidality in the short and the long run. To the best of our knowledge, this is the first review to systematically evaluate the relation between bullying victimization/perpetration and NSSI. The main results support a positive association. Future research should evaluate the possible role of specific mediators/moderators of the association between experience of bullying and NSSI.


2021 ◽  
pp. 097491012110616
Author(s):  
Natalia I. Doré ◽  
Aurora A. C. Teixeira

The factors required to achieve sustainable economic growth in a country are debated for decades, and empirical research in this regard continues to grow. Given the relevance of the topic and the absence of a comprehensive, systematic literature review, we used bibliometric techniques to examine and document several aspects in the empirical literature related to growth, from 1991 to 2020. Five main results are worth highlighting: (a) the share of empirical articles on economic growth show a clear upward trend; (b) among all the groups of countries considered, the emerging economies (EEs) have received the most scientific attention; (c) the economic growth processes of the Latin American and Caribbean EEs have observed negligible scientific attention; (d) the very long-run studies comprise a residual share among the empirical literature on growth; (e) the extant empirical studies on economic growth have addressed mainly the impact of “macroeconomic conditions.” Our findings suggest there is a need to redirect the empirical growth agenda, so as to encourage more scientific attention devoted to the analysis of key determinants of economic growth in the very long run. There should also be increased scrutiny of the processes of economic growth in Latin American and Caribbean EEs


2021 ◽  
Vol 80 (1) ◽  
pp. 72-82
Author(s):  
B. Lynne Milgram

Private, government, and corporate sectors increasingly seek to mitigate the precarious economic and environmental conditions their businesses have caused. Given the shortcomings of conventional approaches to achieve meaningful social change, social entrepreneurship has emerged as an alternative approach to answer this call. Combining business, private investment, and social movement models, social entrepreneurs work collaboratively with communities to augment peoples’ livelihood and their social security. This article draws on social entrepreneurship scholarship to analyze entrepreneurs’ initiatives in the northern Philippines’ emergent specialty Arabica coffee industry. I explore the extent to which entrepreneurs can operationalize opportunities and mitigate constraints as they expand from their small start-up premises while maintaining their social mandate. Given that current demand for premium green coffee beans outstrips supply, entrepreneurs may find themselves in competition with one another. This situation coupled with the Philippine government’s inability to secure peoples’ subsistence needs means that farmers may betray their allegiance to the entrepreneurs who supported them. I ask: do social entrepreneurs’ efforts simply alleviate symptoms rather than address root causes of inequality? Entrepreneurs’ efforts to date have led to positive industry outcomes; this suggests that pursuing such cross-sector advocacy can potentially curtail challenges to enterprise sustainability.


Author(s):  
ISSRAQ BIN RAMLI ◽  
MOHD ZAKI ABD. RAHMAN

Terdapat banyak modul sebutan berada di pasaran yang memperkenalkan teknik pembelajaran dan pengajaran sebutan al-Quran al-Karim dan bahasa Arab. Ada yang menggunakan kaedah klasik, moden dan ada juga yang menggunakan kedua-dua kaedah secara komprehensif. Namun, amat sedikit kita lihat kaedah yang dapat memperbaiki sebutan dan menumpukan secara khusus teknik kepada pelajar bukan Arab. Sering kali diperkatakan tentang masalah sebutan pelajar Sabah tanpa membuat kajian secara terperinci dan ilmiah. Justeru, kajian ini dibuat untuk melihat masalah sebenar sebutan bunyi bahasa Arab pelajar Sabah dan seterusnya mengaplikasikan teori Mahjub (1993) untuk memperbaiki masalah sebutan bahasa Arab. Kajian ini dilakukan di sebuah sekolah menengah kebangsaan di Kota Kinabalu yang responden kajiannya ialah pelajar sekolah tingkatan empat. Objektif kajian adalah untuk mengenal pasti secara ilmiah permasalahan sebutan dalam kalangan pelajar Sabah dan mengaplikasi kaedah fonetik Mahjub, seterusnya melihat keberkesanan modul Mahjub sebagai instrumen terbaik memperbaiki sebutan pelajar Sabah. Kajian kualitatif ini menggunakan huruf-huruf konsonan yang sukar bagi pelajar asing yang dibuat oleh Mahjub (1993) yang menggunakan modul yang digunakan untuk memperbaiki sebutan Arab pelajar asing. Terdapat tiga langkah utama dalam kajian ini, iaitu rakaman ujian pertama (U1) sebagai sebutan bahasa Arab terkini pelajar Sabah, kemudian langkah kedua melaksanakan PdP berdasarkan PdP Mahjub dan langkah yang ketiga membuat rakaman ujian kedua (U2) untuk melihat keberhasilan teori Mahjub dalam memperbaiki sebutan pelajar Sabah. Hasil Kajian menunjukkan nilai yang sangat signifikan antara U1 dan U2. Daripada sembilan huruf yang diuji itu, konsonan ‘Ayn [ع] paling baik disebut oleh pelajar dan huruf Dad [ض] paling sukar disebut dalam U1. Dalam U2, huruf Ta’ [ط] paling sukar disebut dan huruf Sad [ص] paling mudah disebut. Dalam U1 Fathaṯ paling tinggi skor dengan 68.2 berbanding Sukun yang mempunyai skor paling rendah dengan 33.3. Secara puratanya, dalam U1 pelajar atau responden hanya mendapat purata sekitar 55 skor min bagi Dammaṯ dan Kasraṯ. Namun, pada U2 peningkatan masing-masing Dammaṯ dan Kasraṯ. mendapat skor yang hampir sama, iaitu 77.9 dan 76.9. Data menunjukkan bahawa Sukun paling bermasalah kepada responden dalam sebutan. Begitu juga terdapat perubahan yang signifikan dalam ujian kedudukan Fathaṯ, Dammaṯ dan Kasraṯ dari U1 kepada U2. Kajian menunjukkan bahawa teori Mahjub ini berhasil memperbaiki masalah sebutan dalam kalangan pelajar Sabah dan memberikan satu alternatif untuk diaplikasi dalam PdP pelajar dan membuka ruang kepada penulis lain untuk memanjangkan kajian pada masa akan datang. There are many modules/methods available in the market to introduce the techniques of learning and teaching the Holy Quran and the Arabic language. There are classical and modern methods in teaching the Holy Quran, and some might combine both classical and modern to help students to learn the Holy Quran. But there are only few methods which can really help to improve the pronunciation of Arabic especially among the non-Arab students who learn Arabic as a second language. This pronunciation problem is often discussed by the Arabic teachers but there are lack of proper studies to overcome this problem. Therefore, this study aims to identify specifically the pronunciation problem and to measure if the Maḥjub Theory can be applied to help in overcoming it. This study was conducted in a secondary school in Kota Kinabalu. The respondents were all Form 4 students. This qualitative study used the Maḥjub Module (1993) to rectify consonant letters that are difficult to pronounce by the Sabahan students. This study has undergone three phrases. The first phrase is U1 where the pre-test is carried out to evaluate the current capability of the respondents. The second phrase applied the Maḥjub Method in the PdP. The third phrase is U2 where the post-test was carried out after the Maḥjub Method was applied to the respondents. This study showed significant value between U1 and U2. Nine consonant letters were tested in this study. In U1, ‘Ayn [ع]was the easiest to pronounce and Dad [ض] was the most difficult to pronounce by the respondents. In U2, Ta’ [ط] was the hardest to pronounce and Sad [ص] was the easiet. In U1, Fathaṯ was the highest with 68.2 score as compared to Sukun with 33.3 score. Overall, respondents scored a mean of 55 for Dammaṯ and Kasraṯ in U1. However, in U2, Dammaṯ and Kasraṯ showed very close score as of 77.9 and 76.9. The data also showed that Sukun is the hardest part for the respondents.This study had proved that the Maḥjub Method is enabled to enhance and improve the difficulty in pronunciation among the students in Sabah. Therefore, the Mahjub Method gives educators an alternative approach to apply in their teaching and also other researchers for ideas to carry out future research in this field.


2019 ◽  
Vol IV (IV) ◽  
pp. 1-11
Author(s):  
Farooq Ahmad ◽  
Syed Ali Raza Hamid ◽  
Muhammad Nawaz Qaisar

In marketing as well as in social marketing communication, fear appeals have been used as persuasive tools to influence behavior change and have extensively been used for various behavioral change programs. A comprehensive literature review was conducted related to fear appeals in the domain of social marketing from scientific journals of repute. Such type of systematic literature review on fear appeals in social marketing has not been extensively conducted to set future research to set agenda for bringing sustained behavior changes. Although fear appeals have influenced behavior changes, they were not being proved effective for a longer period. The group centered approaches using the group as a unit of analysis has shown better results as compared to one-way communication based on emotional fear appeals. This research paper sets an agenda for future research using group centered and participatory paradigm to make fear appeals more effective in the long run.


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