scholarly journals Crossing the Wires: the Interface between Law and Accounting and the Discourse Theory Potential of Telecommunications Regulation

2021 ◽  
Author(s):  
◽  
David Bernard Carter
Keyword(s):  
Rhetorical Analysis ◽  
Discourse Theory ◽  
Regulatory Regime ◽  
Telecommunications Regulation ◽  
Telecommunications Act ◽  
Long Run ◽  
Complete Failure ◽  
The Government ◽  
The Empirical Analysis

<p>Regulating telecommunications is complex: international experience indicates that there is no 'successful' regulatory framework due to the balancing of industry and regulatory interests (Laffont & Tirole, 2000, p. 13). The New Zealand 'light-handed' regulatory experiment failed and the 1999 General Election presented an opportunity for change in telecommunications. The Labour-led Government in implementing a policy of 'responsible re-regulation' enacted the Telecommunications Act 2001, signalling the passage of "landmark telecommunications legislation ..." (Swain, 2001d). Within the Telecommunications Act 2001, 'cost' assumed a central regulatory role. It is this move to cost that this thesis considers in identifying, developing, and critiquing the interface of law and accounting. The thesis examines the increasing call for accounting information in law and regulation by interrogating the use, presentation, and reception of accounting to examine the interface between law and cost in the regulation of telecommunications. The Telecommunications Act 2001 incorporates total service long run incremental costing as the 'costing technique' for interconnection access and annual net costing for the Telecommunications Service Obligation. Through interrogating 'cost' as an accounting technology, in contrast to the economic and legal conception of cost as a simple, objective concept, the thesis illustrates the role of cost at methodological, technical, and political levels, and the challenges that this poses for telecommunications regulation. The thesis articulates the relevance of discourse theory to the interface of law and accounting. Consequently, the thesis investigates the formation and discursive enunciation of standpoints of political identities characterised by antagonism and uncertainty. This includes identifying attempts by interested parties, including industry actors, stakeholders, and the Government and its agents, to articulate 'new' discourses centred on nodal points around 'cost'. The rhetorical analysis examines how actors articulate the metaphorical element of 'cost' in agitating for particular costing methods to be included in the legislation. The empirical analysis examines the process of rhetorical condensation as arguments for and against the incorporation of total service long run incremental costing and net costing came to signify the complete failure of the light-handed regulation. Then, by examining the politics following the enactment of legislation, this condensation is unpacked. The analysis of the contestation over interpreting and implementing the regulation illustrates displacement of the 'common' signifier resulting in confusion and disappointment in relation to the aims of the new regulatory regime.</p>

scholarly journals Crossing the Wires: the Interface between Law and Accounting and the Discourse Theory Potential of Telecommunications Regulation

2021 ◽  
Author(s):  
◽  
David Bernard Carter
Keyword(s):  
Rhetorical Analysis ◽  
Discourse Theory ◽  
Regulatory Regime ◽  
Telecommunications Regulation ◽  
Telecommunications Act ◽  
Long Run ◽  
Complete Failure ◽  
The Government ◽  
The Empirical Analysis

<p>Regulating telecommunications is complex: international experience indicates that there is no 'successful' regulatory framework due to the balancing of industry and regulatory interests (Laffont & Tirole, 2000, p. 13). The New Zealand 'light-handed' regulatory experiment failed and the 1999 General Election presented an opportunity for change in telecommunications. The Labour-led Government in implementing a policy of 'responsible re-regulation' enacted the Telecommunications Act 2001, signalling the passage of "landmark telecommunications legislation ..." (Swain, 2001d). Within the Telecommunications Act 2001, 'cost' assumed a central regulatory role. It is this move to cost that this thesis considers in identifying, developing, and critiquing the interface of law and accounting. The thesis examines the increasing call for accounting information in law and regulation by interrogating the use, presentation, and reception of accounting to examine the interface between law and cost in the regulation of telecommunications. The Telecommunications Act 2001 incorporates total service long run incremental costing as the 'costing technique' for interconnection access and annual net costing for the Telecommunications Service Obligation. Through interrogating 'cost' as an accounting technology, in contrast to the economic and legal conception of cost as a simple, objective concept, the thesis illustrates the role of cost at methodological, technical, and political levels, and the challenges that this poses for telecommunications regulation. The thesis articulates the relevance of discourse theory to the interface of law and accounting. Consequently, the thesis investigates the formation and discursive enunciation of standpoints of political identities characterised by antagonism and uncertainty. This includes identifying attempts by interested parties, including industry actors, stakeholders, and the Government and its agents, to articulate 'new' discourses centred on nodal points around 'cost'. The rhetorical analysis examines how actors articulate the metaphorical element of 'cost' in agitating for particular costing methods to be included in the legislation. The empirical analysis examines the process of rhetorical condensation as arguments for and against the incorporation of total service long run incremental costing and net costing came to signify the complete failure of the light-handed regulation. Then, by examining the politics following the enactment of legislation, this condensation is unpacked. The analysis of the contestation over interpreting and implementing the regulation illustrates displacement of the 'common' signifier resulting in confusion and disappointment in relation to the aims of the new regulatory regime.</p>

Enhancing Economic Growth and Government Revenue Generation in Nigeria: The Role of Diaspora Remittances

2021 ◽  
pp. 003464462110256
Author(s):  
Dal Didia ◽  
Suleiman Tahir
Keyword(s):  
Economic Growth ◽  
Parameter Estimates ◽  
Gross Domestic Product Growth ◽  
Correction Model ◽  
Vector Error Correction ◽  
Vector Error ◽  
Long Run ◽  
Short Run ◽  
The Empirical Analysis

Even though remittances constitute the second-largest source of foreign exchange for Nigeria, with a $24 billion inflow in 2018, its impact on economic growth remains unclear. This study, therefore, examined the short-run and long-run impact of remittances on the economic growth of Nigeria using the vector error correction model. Utilizing World Bank data covering 1990–2018, the empirical analysis revealed that remittances hurt economic growth in the short run while having no impact on economic growth in the long run. Our parameter estimates indicate that a 1% increase in remittances would result in a 0.9% decrease in the gross domestic product growth rate in the short run. One policy implication of this study is that Nigeria needs to devise policies and interventions that minimize the emigration of skilled professionals rather than depending on remittances that do not offset the losses to the economy due to brain drain.

Bhutan: The Role of the Constitutional Monarch in a Public Health Crisis

2021 ◽  
pp. 279-292
Author(s):  
Sonam Tshering ◽  
Nima Dorji
Keyword(s):  
Public Health ◽  
Artificial Intelligence ◽  
Health Crisis ◽  
Drug Smuggling ◽  
Personal Involvement ◽  
Public Health Crisis ◽  
The People ◽  
Long Run ◽  
The Government

This chapter reflects on Bhutan’s response to the Covid-19 pandemic. The people’s trust and confidence in the leadership of His Majesty the King, their government, strong Buddhist values to help each other, and the conscience of unity and solidarity proved their foremost strength in containing this pandemic as a nation. The king’s personal involvement helped guide, motivate, and encourage compliance with and support for the government’s response. However, Bhutan faced several challenges during the pandemic. Though most of the people are united, there are outliers who took advantage of the situation; there are reported cases of drug smuggling and one case of a person who escaped from quarantine. The government responded by increasing border patrols. In the long run, other solutions could be considered: installing a smart wall—using drones, sensors, and artificial intelligence patrols—would give Bhutan more control over its borders in the context of another epidemic while also enabling the government to better control smuggling.

scholarly journals Agro-industrialisation and financial intermediation in Nigeria

2020 ◽  
Vol 11 (3) ◽  
pp. 443-456 ◽  
Author(s):  
Ngozi Adeleye ◽  
Evans Osabuohien ◽  
Simplice Asongu
Keyword(s):  
Agricultural Sector ◽  
Explanatory Power ◽  
Value Added ◽  
Annual Data ◽  
Industrial Output ◽  
Industrial Growth ◽  
Content Type ◽  
Long Run ◽  
The Government

PurposeThe study aims to analyse the role of finance in the agro-industrialisation nexus in Nigeria using annual data on manufacturing value added, agricultural value added and volume of finance availed to the agricultural sector from 1981 to 2015.Design/methodology/approachTo establish the presence of a long-run relationship, the error correction model and bounds cointegration techniques are employed. Likewise, the model is augmented to test whether the associated relationship between industrial output and agricultural output depends on access to finance by farmers with the inclusion of an interaction term.FindingsSome salient contributions to the literature are as follows: agriculture and finance are strong and positive predictors of industrialisation in the long run; in the short run, past realisations of industrial output and finance have significant asymmetric effects on industrial output; the explanatory power of agriculture decreases with the growth of the financial system; and the long-run results validate the role of finance in the agro-industrialisation nexus.Originality/valueGiven these findings, achieving growth in the agricultural sector that will induce desired industrialisation should be prioritised by the government through agencies such as the central bank, financial intermediaries and other stakeholders with a view to making agricultural financing a major concern for sustainable domestic consumption and industrial growth.

scholarly journals Study of Aromatic and Medicated Plants in Uttrakhand, India: With Focus on Role in Employment Generation and Supply Chain Management

2015 ◽  
Vol 2 (2) ◽  
pp. 148-156 ◽  
Author(s):  
Ruchita Pangriya
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Natural Habitat ◽  
Value Added ◽  
Chain Management ◽  
Long Run ◽  
Employment Generation ◽  
The Government ◽  
The Impact

India is one of the major exporters of crude drugs including Medicated and Aromatic Plants globally. As per the latest and most recent data available, in 2012-2013 India’s total export of Ayush, Medicinal herbs and their value added products was USD 395.58 million. State of Uttarakhand in India is a natural habitat of the prosperous varieties of herbs, medicinal and aromatic plant species. The Government of Uttarakhand state has also realised this big potential and is continuously trying to tap this wealth. In 2012-2013 the state exported culinary herbs, Aromatic products and medicated products worth ` 29.0 crore. The aim of this study of MAP products in Uttarakhand state is to evaluate the impact of cultivation of MAP products, in relation to the new employment generation and also to study the supply chain management in context to the activities of various agencies engaged in collection, distribution and auction. This paper focuses on the cultivation program running in Uttrakhand by HRDI and its importance in employment generation in the hilly districts. It is very evident in today’s time that a strong supply chain is basic necessity for every organised business to sustain and to be successful in long run. This paper also studies the existing supply chain for MAP products and investigates the loopholes for further improvement so that the cultivators of MAP get maximum monetary benefits with minimum problems. In addition to that, role of different corporations like KMVN, GMVN and Bhesaj Corporation in marketing of these MAP products has also been discussed under the presented study.DOI: http://dx.doi.org/10.3126/ijssm.v2i2.12396          Int. J. Soc. Sci. Manage. Vol-2, issue-2: 148-156  

THE ROLE OF AGRICULTURE IN POVERTY REDUCTION IN NIGERIA: AN EMPIRICAL PERSPECTIVE

2019 ◽  
Vol 9 (1) ◽  
pp. 253-264
Author(s):  
Olayemi Henry Omotayo ◽  
Aderemi Timothy Ayomitunde ◽  
Ojelade Lydia Omolola ◽  
Adebayo Abiola Georgina
Keyword(s):  
Poverty Reduction ◽  
Inflation Rate ◽  
Agricultural Sector ◽  
Negative Relationship ◽  
Poverty Level ◽  
Agricultural Output ◽  
Long Run ◽  
Empirical Perspective ◽  
The Government

Abstract In Nigeria, several advocacies have been raised in different fora over time that agriculture is capable of reducing poverty in the country. An attempt to empirically validate the above argument has generated a policy mix in the literature. Therefore, further empirical investigation about this subject matter becomes imperative. Consequently, the study utilized the DOLS and Granger Causality Approach to address the objective of this study. However, the principal findings that emerged in this study are as follows: in the long run, there is a significant positive relationship between the employment in agriculture and poverty level, inflation rate and poverty level have a negative relationship with each other. Meanwhile, agricultural output causes a significant reduction in the poverty level. Also, one-way feedback relationship runs from agricultural output to the poverty level in the country. Based on the findings that originated in this study, this paper makes the following recommendations for the policymakers, future researchers and all the stakeholders in the agricultural sector in Nigeria that agricultural output has the capacity to reduce poverty level in the country. This implies that when poverty reduction is the target of the policymakers in the country, manipulating agricultural output will induce the reduction in poverty level in the long run. Also the government should possess political goodwill to revamp agricultural sector.

TAXING CAPITAL INCOME AS PIGOUVIAN CORRECTION: THE ROLE OF DISCOUNTING THE FUTURE

2005 ◽  
Vol 9 (4) ◽  
pp. 469-477 ◽  
Author(s):  
VALERIA DE BONIS ◽  
LUCA SPATARO
Keyword(s):  
Steady State ◽  
Utility Function ◽  
Discount Rate ◽  
Income Tax ◽  
Capital Income ◽  
Long Run ◽  
The Government ◽  
The Individual ◽  
Individual Choices

In this work, we find that the zero capital income tax result might not hold, even at the steady state, when the government discount rate differs from the individual one. As intuitive Pigouvian considerations would suggest, capital income should be taxed (subsidized) when the government is less (more) impatient than individuals are. However, a counterintuitive asymmetry emerges as for the steady state since, in the long run, capital income cannot be taxed because of the explosive distortionary effect of positive taxes. The asymmetry is ruled out with a logarithmic utility function because, in this case, the anticipated policy path does not affect current individual choices and thus the cumulative distortionary effect of taxes disappears.

scholarly journals Electricity Consumption and Economic Growth: A Revisit Study of Their Causality in Malaysia

ETIKONOMI ◽  
2019 ◽  
Vol 18 (1) ◽  
Author(s):  
Mohamed Asmy Mohd Thas Thaker ◽  
Hassanudin Mohd Thas Thaker ◽  
Md. Fouad Amin ◽  
Anwar Allah Pitchay
Keyword(s):  
Economic Growth ◽  
Positive Impact ◽  
Electricity Consumption ◽  
Correction Model ◽  
Real Gdp ◽  
Long Run ◽  
The Government ◽  
Energy Dependent ◽  
Energy Strategies

The role of electricity towards the economy becomes crucial in many countries including in Malaysia. It becomes necessary to investigate whether electricity consumption contributes to economic growth in order to make appropriate energy policies. The purpose of this research is to examine the long run and causal relationships between electric power consumption and real GDP. This paper applies to the error-correction model. The results indicate that electricity consumption has a positive impact on economic growth. Besides that, there was unidirectional Granger causality running from electricity consumption to real GDP but not vice versa. This paper suggests that Malaysia is becoming an energy-dependent country. The government should emphasize on formulating energy strategies so as to avoid adverse effects on economic growth.

scholarly journals Theoretical-empirical analysis of the role of the SGAFF in financing of farmers’ activities

2008 ◽  
Vol 54 (No. 10) ◽  
pp. 476-488
Author(s):  
L. Čechura
Keyword(s):  
Theoretical Model ◽  
Empirical Analysis ◽  
Optimization Problem ◽  
Optimal Model ◽  
Dynamic Optimization Problem ◽  
Lagrange Method ◽  
Long Run ◽  
The Interest Rate ◽  
The Empirical Analysis

The paper deals with the theoretical-empirical analysis of the role of the SGAFF in financing of farmers’ activities based on the dynamic optimal model and time series analysis. The dynamic optimization problem is solved by the Lagrange method. The application of the theoretical model shows that the lower is the interest rate paid by the farmer, the lower is the optimal consumption and consequently the farmer is willing to employ a higher part of the capital in the production. Thus, the initial capital is more effectively employed. The empirical part shows that the SGAFF’s activities significantly support the farmers’ investments. In spite of the problems in the setting of the SGAFF’s policy, the role of the SGAFF in financing of agricultural activities can be regarded as positive in the analyzed period. Moreover, the application of the theoretical model and the empirical analysis suggest that the SGAFF contributes to a more effective capital employment and thereby increases the competitiveness of Czech agriculture in the long run.

scholarly journals Fracking and infant mortality: fresh evidence from Oklahoma

2019 ◽  
Vol 26 (31) ◽  
pp. 32360-32367
Author(s):  
Nicholas Apergis ◽  
Tasawar Hayat ◽  
Tareq Saeed
Keyword(s):  
Water Quality ◽  
Shale Gas ◽  
Health Indicators ◽  
Group Method ◽  
Causality Test ◽  
Pooled Mean Group ◽  
Long Run ◽  
The Impact ◽  
The Empirical Analysis

Abstract This paper explores the impact of shale gas and oil fracking wells on infants’ health at birth across Oklahoma counties. The empirical analysis makes use of the Dumitrescu-Hurlin causality test, as well as the (long-run) Pooled Mean Group method. The results clearly document that there is a unidirectional relationship between fracking activities and three alternative indexes of infants’ health at birth, as well as a significant impact of fracking on infants’ health indicators. In addition, the results illustrate the substantial role of fracking through the drinking water quality channel.

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