scholarly journals The Relationship betweenFinancial Repression and Financial Depth (Case study of Iran)

2011 ◽  
Vol 3 (3) ◽  
pp. 177-184
Author(s):  
Safdari Mehdi
Keyword(s):  
Financial Markets ◽  
Negative Impact ◽  
Wide Distribution ◽  
Financial Repression ◽  
Financial Depth ◽  
The Government ◽  
The Relationship ◽  
Positive Effect

Financial repression introduced early decade 1970 by McKinnon (1988) and Shaw (1973) that represented limits created by governments on monetary and financial system and had a negative impact on financial markets but in some countries, financial repression has had a positive effect on the financial markets. Iran is among the countries that knows necessary suppression of the financing for the economy and of decade 1350 until now is applied many restrictions on the financial markets. In this article we use the econometric methodology "regression to the wide distribution breaks» (ARDL) are paid to analyze the relationship between financial depth and financial suppression of in India for the period 1976-2006 the result of this research has been the negative impact of financial suppression of on financial depth variable and if the government does not limit the financial markets, increased financial depth and can be useful for the economy. Due to error correction model (ECM) we confirm long-term relationship between variables and using the test (CUSUM, CUSUMQ), lack of structural failure in the model.

scholarly journals PERNIKAHAN LINTAS AGAMA DI KECAMATAN AEK NATAS KABUPATEN LABUHAN BATU UTARA PROVINSI SUMATERA UTARA

2016 ◽  
Vol 2 (2) ◽  
pp. 194
Author(s):  
Siti Robiah
Keyword(s):  
Religious Education ◽  
Negative Impact ◽  
Data Gathering ◽  
Field Research ◽  
Interfaith Marriage ◽  
The Family ◽  
Data Source ◽  
The Government ◽  
The Relationship ◽  
Positive Effect

<em>The background of writer to undertake this work is the incompatibility of wedding implementation which took place in the District Aek Natas Labuhan Batu Utara regency. Implementation of their marriage were affected their marriage, because the purposes of marriage did not match the qualifying criteria of marriage and they tend to choose partners who has different beliefs with them. According to that, authors wanted to know about the cross religion marriage that occurred in the district of Aek Natas. The form of the research is a field research using qualitative data, that a study based on the meaning contained in each of symptoms or existing events to collect data and analyze it on the fields. The data source in this study are the perpetrators of marriage across religion, society and community leaders concerned on research were called the key informants to assist authors in data gathering. In data gathering, the method that author used is observation and interview. From the research it can be concluded that the factors causing Interfaith marriage is due to a sense of love and affection, economic factors, promiscuity and the lack of religious education from parents to children, and the resulting the negative impact on the family such as a gap of the relationship, especially with parents, to feel isolated by their communities, the unrecorded marriage by the government, and according to the law of religion, the marriage is haram. The positive effect is the existence of religious tolerance in their households and increasing knowledge about different religious.</em> Fenomena pernikahan yang terjadi di Kecamatan Aek Natas Kabupaten Labuhan Batu Utara yang mengakibatkan pengaruh yang berdampak pada pernikahan mereka, karena pernikahan yang mereka laksanakan tidak sesuai dengan kriteria syarat pernikahan dan mereka cenderung memilih pasangan yang berbeda keyakinan dengan mereka.Berdasarkan hal tersebut penulis ingin mengetahui tentang pernikahan lintas Agama yang terjadi di Kecamatan Aek Natas. Dari penelitian yang penulis lakukan dapat diambil kesimpulan bahwa faktor penyebab pernikahan Lintas Agama adalah dikarenakan rasa cinta dan kasih sayang, faktor ekonomi, pergaulan bebas dan kurangnya pendidikan Agama dari orang tua terhadap anak, dan mengakibatkan dampak dari pernikahan tersebut adalah dampak negatifnya yaitu terhadap keluarga terjadi kesenjangan dalam berhubungan dengan keluarga terutama orangtua, terhadap masyarakat merasa terisolasi dengan mereka, terhadap Negara pernikahannya tidak diakui, dan terhadap agama hukum pernikahannya adalah haram. Dampak positifnya adalah adanya sikap toleransi dalam beragama dalam rumahtangga mereka dan bertambahnya ilmu tentang agama yang berlainan dengannya.

Is There Racial Discrimination in Police Stop-and-Searches of Black Youth? A Toronto Case Study

2015 ◽  
Vol 7 (1) ◽  
pp. 115 ◽  
Author(s):  
Yunliang Meng ◽  
Sulaimon Giwa ◽  
Uzo Anucha
Keyword(s):  
Racial Profiling ◽  
Negative Impact ◽  
Black Youth ◽  
White People ◽  
Neighbourhood Level ◽  
Neighbourhood Characteristics ◽  
The Relationship ◽  
Race And Place ◽  
Stop And Search

Our study investigated racial profiling of Black youth in Toronto and linked this racial profiling to urban disadvantage theory, which highlights neighbourhood-level processes. Our findings provide empirical evidence suggesting that because of racial profiling, Black youth are subject to disproportionately more stops for gun-, traffic-, drug-, and suspicious activity-related reasons. Moreover, they show that drug-related stop-and-searches of Black youth occur most excessively in neighbourhoods where more White people reside and are less disadvantaged, demonstrating that race-and-place profiling of Black youth exists in police stop-and-search practices. This study shows that the theoretical literature in sociology on neighbourhood characteristics can contribute to an understanding of the relationship between race and police stops in the context of neighbourhood. It also discusses the negative impact of racial profiling on Black youth.

Financial Intermediation and Growth: Theory and Some Cross-Country Evidence

1997 ◽  
Vol 36 (4II) ◽  
pp. 855-862
Author(s):  
Tayyeb Shabir
Keyword(s):  
Economic Growth ◽  
Financial Markets ◽  
Financial Intermediation ◽  
Empirical Estimates ◽  
Financial Liberalisation ◽  
Cross Country ◽  
Level Of Significance ◽  
The Relationship ◽  
Positive Effect ◽  
Theoretical Developments

Well-functioning financial markets can have a positive effect on economic growth by facilitating savings and more efficient allocation of capital. This paper characterises some of the recent theoretical developments that analyse the relationship between financial intermediation and economic growth and presents empirical estimates based on a model of the linkage between financially intermediated investment and growth for two separate groups of countries, developing and advanced. Empirical estimates for both groups suggest that financial intermediation through the efficiency of investment leads to a higher rate of growth per capita. The relevant coefficient estimates show a higher level of significance for the developing countries. This financial liberalisation in the form of deregulation and establishment and development of stock markets can be expected to lead to enhanced economic growth.

scholarly journals Blending in: A Case Study of Transitional Ambidexterity in the Financial Sector

2021 ◽  
Vol 13 (4) ◽  
pp. 1690
Author(s):  
Beniamino Callegari ◽  
Ranvir S. Rai
Keyword(s):  
Financial Sector ◽  
Economic Sustainability ◽  
Organizational Ambidexterity ◽  
Management Literature ◽  
Innovative Capabilities ◽  
Financial Firm ◽  
The Relationship

Organizational ambidexterity is widely recognized as necessary for the economic sustainability of firms operating in the financial sector. While the management literature has recognized several forms of ambidexterity, the relationship between them and their relative merits remain unclear. By studying a process of implementation of ambidextrous capabilities within a large Scandinavian financial firm, we explore the role of top-down reforms and bottom-up reactions in determining the development of sector-specific innovative capabilities. We find that blended ambidexterity follows naturally from the attempt to correct the tensions arising from harmonic ambidextrous blueprints. The resulting blended practice appears to be closely related to the reciprocal model of ambidexterity, which appears to be a necessity rather than a choice, for large firms attempting to develop innovative capabilities. Consequently, we suggest to re-interpret current taxonomies of ambidexterity not as alternative blueprints, but rather as stages in a long-term process of transition.

Comprehensive Pricing Model of Urban Traffic Air Pollution Based on Bi-Level Programming

2012 ◽  
Vol 253-255 ◽  
pp. 1913-1917
Author(s):  
Ze Bin Zhao
Keyword(s):  
Air Pollution ◽  
Negative Impact ◽  
Urban Traffic ◽  
Vehicle Speed ◽  
Pricing Model ◽  
The Sustainable Development ◽  
Transport Services ◽  
Relationship Model ◽  
The Relationship

In order to reduce the negative impact of urban traffic air pollution, this paper firstly analyzes the relationship between urban traffic air pollution and vehicle speed, after providing the relationship model, the paper establishes a comprehensive pricing model of urban traffic air pollution based on bi-level programming, the model considers the traffic air pollution pricing, and includes the factors of congestion pricing, bus fee, pricing revenue redistribution on improvement of public transport services and the expansion of road capacity. The case study shows that the implementation of comprehensive pricing of urban traffic air pollution can reduce traffic pollution and unreasonable traffic flow, which is conducive to the sustainable development of the city.

Heuristic biases in investment decision-making and perceived market efficiency

2018 ◽  
Vol 10 (1) ◽  
pp. 85-110 ◽  
Author(s):  
Syed Zulfiqar Ali Shah ◽  
Maqsood Ahmad ◽  
Faisal Mahmood
Keyword(s):  
Financial Markets ◽  
Market Efficiency ◽  
Negative Impact ◽  
Investment Decisions ◽  
Sampling Technique ◽  
Investment Strategy ◽  
Individual Investors ◽  
Content Type ◽  
Specific Investment ◽  
The Relationship

Purpose This paper aims to clarify the mechanism by which heuristics influences the investment decisions of individual investors, actively trading on the Pakistan Stock Exchange (PSX), and the perceived efficiency of the market. Most studies focus on well-developed financial markets and very little is known about investors’ behaviour in less developed financial markets or emerging markets. The present study contributes to filling this gap in the literature. Design/methodology/approach Investors’ heuristic biases have been measured using a questionnaire, containing numerous items, including indicators of speculators, investment decisions and perceived market efficiency variables. The sample consists of 143 investors trading on the PSX. A convenient, purposively sampling technique was used for data collection. To examine the relationship between heuristic biases, investment decisions and perceived market efficiency, hypotheses were tested by using correlation and regression analysis. Findings The paper provides empirical insights into the relationship of heuristic biases, investment decisions and perceived market efficiency. The results suggest that heuristic biases (overconfidence, representativeness, availability and anchoring) have a markedly negative impact on investment decisions made by individual investors actively trading on the PSX and on perceived market efficiency. Research limitations/implications The primary limitation of the empirical review is the tiny size of the sample. A larger sample would have given more trustworthy results and could have empowered a more extensive scope of investigation. Practical implications The paper encourages investors to avoid relying on heuristics or their feelings when making investments. It provides awareness and understanding of heuristic biases in investment management, which could be very useful for decision makers and professionals in financial institutions, such as portfolio managers and traders in commercial banks, investment banks and mutual funds. This paper helps investors to select better investment tools and avoid repeating expensive errors, which occur due to heuristic biases. They can improve their performance by recognizing their biases and errors of judgment, to which we are all prone, resulting in a more efficient market. So, it is necessary to focus on a specific investment strategy to control “mental mistakes” by investors, due to heuristic biases. Originality/value The current study is the first of its kind, focusing on the link between heuristics, individual investment decisions and perceived market efficiency within the specific context of Pakistan.

Impacts of Forest Resource Use Conflicts on Conservation Efforts within Enderit Forest Block in Mau Forest Complex, Kenya

2020 ◽  
Vol 11 (3) ◽  
pp. 153-163
Author(s):  
Shadrack Mulei KITHIIA ◽  
◽  
Robert Kipkemoi KOECH ◽  
Keyword(s):  
Resource Use ◽  
Forest Conservation ◽  
Sustainable Use ◽  
Forest Resource ◽  
Quantitative And Qualitative Research ◽  
Forest Dependency ◽  
The Government ◽  
Sustainable Conservation ◽  
The Relationship

This paper examined the relationship between forest resource use conflicts and conservation, which are contemporary issues in the field of environment conservation. The study was carried out in Enderit forest block, Mau forest Complex. The study findings indicate that the forest block has lost considerable vegetation cover in the recent past due to resource use conflict which in turn attracted conservation efforts from various stakeholders. The identified conflicts not only threaten the sustainability of these efforts but also community livelihoods that depend on this vital resource in the long term. The study therefore sought to establish the types of forest resource use conflicts, identify the stakeholders and their areas of focus and examine how the forest resource conflicts are affecting forest conservation efforts. Both quantitative and qualitative research methods were used. The results indicate that there exist various forms of conflicts within the forest block while various actors are involved in the forest conservation efforts. However, despite the concerted conservation efforts, there existing forest resource use conflicts that frustrate these efforts and slow the implementation of conservation programs. Based on the findings, the study recommends that for sustainable conservation of the forest block, the Government and the stakeholders should put in place policy measures aiming at increasing income and generating off-farm employment activities for the forest adjacent communities. This will reduce forest dependency and consequently enhance biodiversity conservation and sustainable use of the forest resources.

Tourism public-private partnership (PPP) projects: an exploratory-sequential approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Marwa Ghanem ◽  
Ibrahim Elshaer ◽  
Samar Saad
Keyword(s):  
Interpersonal Relationships ◽  
Service Providers ◽  
Stakeholder Management ◽  
Comprehensive Overview ◽  
Sequential Approach ◽  
Essential Information ◽  
Content Type ◽  
The Government ◽  
The Relationship

Purpose This study aims to address the absence of a thorough understanding of commitment in tourism public-private partnerships (PPP) by exploring antecedents of PPP commitment and their underpinning relationships in regard to the destination management system (DMS). Design/methodology/approach An empirical investigation of the case of the Egyptian DMS, a PPP which was forsaken by the government partner and which subsequently failed. Qualitative and quantitative approaches are used for a comprehensive overview of the researched phenomena pertaining to external and internal stakeholders. Findings The results indicated that stakeholder management, relational capital, perceived benefits and stakeholder capabilities could influence intentions to commit to a tourism PPP project. Also, the latter three factors were found to mediate the relationship between stakeholder management and long-term PPP commitment. The results also shed light on the important aspects of non-contractual, interpersonal relationships between internal and external PPP stakeholders. Originality/value This research pioneers inquiries on the commitment of Tourism PPP/DMS projects and its possible drivers in a non-Western context. Also, this study contributes to knowledge by exploring the relationship within and between internal (partners) and external (e.g. local service providers) stakeholder groups and provided evidence on the crucial role of both on long-term PPP commitment and success. The current study has a few significant contributions to the PPP literature regarding the commitment and success of PPP in the complicated environments in which tourism PPP projects are operated. Moreover, this study offers essential information and practices for improving partner relationships with external stakeholders.

scholarly journals Simulated Fishing to Untangle Catchability and Availability in Fish Abundance Monitoring

2021 ◽  
Vol 19 (3) ◽  
Author(s):  
Vanessa Tobias ◽  
Keyword(s):  
San Francisco ◽  
Water Clarity ◽  
Ecological Monitoring ◽  
Monitoring Data ◽  
Delta Smelt ◽  
Individual Based Simulation ◽  
The Relationship ◽  
True Population

In fisheries monitoring, catch is assumed to be a product of fishing intensity, catchability, and availability, where availability is defined as the number or biomass of fish present and catchability refers to the relationship between catch rate and the true population. Ecological monitoring programs use catch per unit of effort (CPUE) to standardize catch and monitor changes in fish populations; however, CPUE is proportional to the portion of the population that is vulnerable to the type of gear used in sampling, which is not necessarily the entire population. Programs often deal with this problem by assuming that catchability is constant, but if catchability is not constant, it is not possible to separate the effects of catchability and population size using monitoring data alone. This study uses individual-based simulation to separate the effects of changing environmental conditions on catchability and availability in environmental monitoring data. The simulation combines a module for sampling conditions with a module for individual fish behavior to estimate the proportion of available fish that would escape from the sample. The method is applied to the case study of the well monitored fish species Delta Smelt (Hypomesus transpacificus) in the San Francisco Estuary, where it has been hypothesized that changing water clarity may affect catchability for long-term monitoring studies. Results of this study indicate that given constraints on Delta Smelt swimming ability, it is unlikely that the apparent declines in Delta Smelt abundance are the result of changing water clarity affecting catchability.

scholarly journals A time series analysis of determinants of FDI in Afghanistan: Which one matters the most, security or economic growth?

2018 ◽  
Vol 6 (2) ◽  
pp. 19
Author(s):  
Abdul Fareed Delawari
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Foreign Direct Investment ◽  
Time Series Analysis ◽  
Direct Investment ◽  
Economic Factors ◽  
Market Economic ◽  
The Government ◽  
The Relationship

Afghanistan has been practicing market economic system since 2002. Since then, the government has been initiating different policies and announced various incentives to attract foreign direct investment (FDI) to the country. However, the outcome has not been satisfactory due to several political and economic factors. This paper explores the relationship between security, economic growth and FDI in Afghanistan, using ARDL model. The paper covers a period from 2002 to 2016. The empirical results of this study show that there is a negative long-term relationship between security and FDI. Hence,  the author concludes that, to attract FDI to the country, insuring security should be the top priority of the government of Afghanistan.

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