scholarly journals Demonetization Impact on Liquidity of Large Corporates in India

2021 ◽  
Author(s):  
Srinivas Gumparthi ◽  
Pradeepa S.
Keyword(s):  
Longitudinal Study ◽  
Descriptive Analysis ◽  
Business Risk ◽  
Short Term ◽  
Positive Correlation ◽  
Repeated Observations ◽  
Inelastic Demand ◽  
Long Run ◽  
The Government

This paper ‘Demonetization Impact on Liquidity of Large Corporates in India’ focuses on the changes in the Liquidity pattern of the companies’ in-order to cope up with the Business Risk that emerged due to the unforeseen Demonetization Policy of the Government of India. The study aimed at finding the performance of various sectors on liquidity parameters during pre and post demonetization period. The study covered the companies listed in NIFTY 50 over the period of 6 years from 2014-2019. The methodology used for analysis is the longitudinal study under descriptive analysis as it involves the repeated observations of the same variables over a period of time. As the paper focuses on the top companies listed, though companies faced the uncertainty during that particular period of demonetization, they bounced back at the earlier than the MSME companies. Some sectors like FMCG, Pharmaceutical were immune to demonetization as it has an inelastic demand in the market and demonetization created giant opportunities for the software sector as the country has been shifted towards digitalization. Found short-term implications for the cash-intensive sectors but in the long run it helps in the growth of the economy, which in turn will have a positive correlation with the growth of companies.

scholarly journals Demonetization Impact on Liquidity of Large Corporates in India

2021 ◽  
Vol 4 (3) ◽  
Author(s):  
Srinivas Gumparthi ◽  
◽  
Pradeepa S.
Keyword(s):  
Longitudinal Study ◽  
Descriptive Analysis ◽  
Business Risk ◽  
Short Term ◽  
Positive Correlation ◽  
Repeated Observations ◽  
Inelastic Demand ◽  
Long Run ◽  
The Government

This paper ‘Demonetization Impact on Liquidity of Large Corporates in India’ focuses on the changes in the Liquidity pattern of the companies’ in-order to cope up with the Business Risk that emerged due to the unforeseen Demonetization Policy of the Government of India. The study aimed at finding the performance of various sectors on liquidity parameters during pre and post demonetization period. The study covered the companies listed in NIFTY 50 over the period of 6 years from 2014-2019. The methodology used for analysis is the longitudinal study under descriptive analysis as it involves the repeated observations of the same variables over a period of time. As the paper focuses on the top companies listed, though companies faced the uncertainty during that particular period of demonetization, they bounced back at the earlier than the MSME companies. Some sectors like FMCG, Pharmaceutical were immune to demonetization as it has an inelastic demand in the market and demonetization created giant opportunities for the software sector as the country has been shifted towards digitalization. Found short-term implications for the cash-intensive sectors but in the long run it helps in the growth of the economy, which in turn will have a positive correlation with the growth of companies.

Dampak Insentif Pajak Perumahan Terhadap Potensi Penerimaan Pajak Negara Dan Peningkatan Pendapatan Masyarakat : Kasus Provinsi Papua

2016 ◽  
Vol 1 (1) ◽  
pp. 13-22
Author(s):  
Towaf Totok Irawan
Keyword(s):  
Low Income ◽  
House Prices ◽  
Tax Incentives ◽  
High Price ◽  
Short Term ◽  
Primary Input ◽  
State Revenue ◽  
Long Run ◽  
The Government ◽  
The Impact

Until now the government and private sector have not been able to address the backlog of 13.5 million housing units for ownership status and 7.6 million units for residential status. The high price of land has led to the high price of the house so that low-income communities (MBR) is not able to reach out to make a home purchase. In addition to the high price of land, tax factors also contribute to the high price of the house. The government plans to issue a policy for the provision of tax incentives, ie abolish VAT on home-forming material transaction. This policy is expected to house prices become cheaper, so the demand for housing increases, and encourage the relevant sectors to intensify its role in the construction of houses. It is expected to replace the lost tax potential and increase incomes. Analysis of the impact of tax incentives housing to potential state revenue and an increase in people's income, especially in Papua province is using the table IO because in addition to looking at the role each sector can also see the impact on taxes (income tax 21 Pph 25 Pph, VAT), and incomes (wage). Although in the short-term impact is still small, but very rewarding in the long run. Keywords: Backlog, Gross Input, Primary Input, Intermediate Input

Livestock depredation by large carnivores in the Indian trans-Himalaya: conflict perceptions and conservation prospects

1997 ◽  
Vol 24 (4) ◽  
pp. 338-343 ◽  
Author(s):  
CHARUDUTT MISHRA
Keyword(s):  
Canis Lupus ◽  
Economic Loss ◽  
Snow Leopard ◽  
Wildlife Sanctuary ◽  
Short Term ◽  
Livestock Depredation ◽  
Long Run ◽  
The Government ◽  
Wild Predators ◽  
Human Wildlife Conflict

Livestock depredation by the snow leopard, Uncia uncia, and the wolf, Canis lupus, has resulted in a human-wildlife conflict that hinders the conservation of these globally-threatened species throughout their range. This paper analyses the alleged economic loss due to livestock depredation by these carnivores, and the retaliatory responses of an agro-pastoral community around Kibber Wildlife Sanctuary in the Indian trans-Himalaya. The three villages studied (80 households) attributed a total of 189 livestock deaths (18% of the livestock holding) over a period of 18 months to wild predators, and this would amount to a loss per household equivalent to half the average annual per capita income. The financial compensation received by the villagers from the Government amounted to 3% of the perceived annual loss. Recent intensification of the conflict seems related to a 37.7% increase in livestock holding in the last decade. Villagers have been killing the wolf, though apparently not the snow leopard. A self-financed compensation scheme, and modification of existing livestock pens are suggested as area-specific short-term measures to reduce the conflict. The need to address the problem of increasing livestock holding in the long run is emphasized.

scholarly journals The Long-Run Determinants of Indian Government Bond Yields

2019 ◽  
Vol 36 (1) ◽  
pp. 168-205 ◽  
Author(s):  
Tanweer Akram ◽  
Anupam Das
Keyword(s):  
Interest Rate ◽  
Government Bond ◽  
Bond Yields ◽  
Short Term ◽  
Indian Government ◽  
Bond Yield ◽  
Long Run ◽  
Key Driver ◽  
The Government

This paper investigates the long-term determinants of the nominal yields of Indian government bonds (IGBs). It examines whether John Maynard Keynes’ supposition that the short-term interest rate is the key driver of the long-term government bond yield holds over the long run, after controlling for key economic factors. It also appraises if the government fiscal variable has an adverse effect on government bond yields over the long run. The models estimated in this paper show that in India the short-term interest rate is the key driver of the long-term government bond yield over the long run. However, the government debt ratio does not have any discernible adverse effect on IGB yields over the long run. These findings will help policy makers to (i) use information on the current trend of the short-term interest rate and other key macro variables to form their long-term outlook about IGB yields, and (ii) understand the policy implications of the government's fiscal stance.

scholarly journals Air Quality in Six Northern Indian Cities During Diwali 2020: The Real Tragedy in Disguise

2021 ◽  
Vol 33 (4) ◽  
pp. 909-918
Author(s):  
A.J. Lawrence ◽  
A. Abraham ◽  
F. Ali ◽  
S. Arif ◽  
S. Fatima ◽  
...  
Keyword(s):  
Air Quality ◽  
Negative Relationship ◽  
Short Term ◽  
Positive Correlation ◽  
The Real ◽  
Term Variation ◽  
Diwali Festival ◽  
The Government ◽  
Indian Cities ◽  
Quality Variation

North Indian cities have been highly polluted, especially in winters, which coincide with the Diwali festival. This year, the government imposed ban on the burning of firecrackers. This study was undertaken from 4th-21st November, 2020 to monitor the air quality variation with respect to PM10 and PM2.5 for Delhi, Lucknow, Ghaziabad, Muzaffarnagar, Greater Noida and Bulandshahar cities during and post Diwali period, to know whether there was any impact of the warnings. The hourly variations in the AQI were very poor between 8:00 p.m.-10:00 p.m. on Diwali day. Significant short term variation in the AQI was observed during the night. A weak positive correlation was obtained between the temperature and AQI, whereas a negative relationship was established with humidity. As compared to last year’s AQI, higher values were obtained this year. The short-term variation in air quality may prove crucial in future in the wake of COVID-19 pandemic.

scholarly journals PENGARUH PERTUMBUHAN EKONOMI, PENGGUNAAN ENERGI DAN EKSPOR TERHADAP KUALITAS LINGKUNGAN DI INDONESIA

2018 ◽  
Vol 7 (2) ◽  
pp. 99
Author(s):  
Putriani Putriani ◽  
Idris Idris ◽  
Melti Roza Adry
Keyword(s):  
Economic Growth ◽  
Environmental Quality ◽  
Significant Influence ◽  
Energy Use ◽  
Short Term ◽  
Linear Effect ◽  
Long Run ◽  
The Government ◽  
Growth Energy

This study aims to determine the Influence of Economic Growth, Energy Use and Export to Environmental Quality in Indonesia. The method used is Errror Correction Model (ECM) method. The data used are time series from 1983-2016 collected through documentation from BP Statistical World Energy website, World Bank, Indonesian Central Bureau of Statistics. The results of this study show that in the short term economic growth in linear effect negatively and not significant while the quadratic bepengaruh positive and insignificant to environmental quality in Indonesia. In the long run economic growth in linear has a negative and significant influence while the quadratic bepengaruh positive and significant to the kuaitas environment. Long-term and short-term energy use has a negative and significant impact on environmental quality in Indonesia. Exports in the long run have a negative and significant influence, while short-term has a negative and insignificant effect on environmental quality. The results of this study provide information about the quality of the environment so that the government and the community can protect, supervise and improve the quality of the environment in Indonesia.

Endogenous Lobby Formation and Endogenous Protection: A Long-Run Model of Trade Policy Determination

1999 ◽  
Vol 89 (5) ◽  
pp. 1116-1134 ◽  
Author(s):  
Devashish Mitra
Keyword(s):  
Trade Policy ◽  
Political Contributions ◽  
Equilibrium Outcome ◽  
Inelastic Demand ◽  
Long Run ◽  
Endogenous Protection ◽  
Geographical Dispersion ◽  
Asset Distribution ◽  
Lobby Formation ◽  
The Government

This paper provides a theory of lobby formation within a framework in which trade policy is determined through political contributions. Under certain conditions, free trade turns out to be an equilibrium outcome either when the government has a high affinity for political contributions or when it cares a great deal about social welfare. Moreover, greater inequality in asset distribution results in a greater number of lobbies and, in most cases, more protection for each of these lobbies. Furthermore, industries with higher levels of capital stock, fewer capitalists, more inelastic demand, and smaller geographical dispersion are the ones that get organized. (JEL F10, F13)

PENGARUH KONSUMSI ENERGI DAN PENGELUARAN PERTAHANAN TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA

2019 ◽  
Vol 1 (2) ◽  
pp. 393
Author(s):  
Roza Revika ◽  
Yeniwati Yeniwati
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Time Series Data ◽  
Descriptive Analysis ◽  
Defense Spending ◽  
Series Data ◽  
Short Term ◽  
Defense Expenditure ◽  
Long Run

This study aims to analyze the effect of energy consumption and defense expenditure on economic growth partially in theshort and long term in Indonesia. This study uses secondary data with descriptive analysis using Time Series data from 1988 to 2017. The analytical method used is Auto Regression Distributed Lag (ARDL). The results of this study indicate that energy consumption in the long run has a negative and significant effect on economic growth in Indonesia. Energy consumption in the short term has a negative and not significant effect on economic growth in Indonesia. Defense spending has a positive and significant effect on economic growth in Indonesia in the long term and in the short term. It can be concluded that in the long run energy consumption and defense expenditure significantly influence economic growth in Indonesia.

Demonetization and Movement Towards Digital Cashless Indian Economy

2021 ◽  
pp. 115-130
Author(s):  
Rajib Bhattacharyya
Keyword(s):  
Banking System ◽  
Major Change ◽  
Cash Flows ◽  
Security Measures ◽  
Long Term Effects ◽  
Short Term ◽  
Indian Economy ◽  
Long Run ◽  
The Government ◽  
Sectoral Composition

One of the greatest painful, un-stabilizing self-imposed macroeconomic blows on the Indian economy occurred in the absence of a short-term crisis when the government decided to announce a major change in the macroeconomic environment by demonetizing the high value currency notes – of Rs 500 and Rs 1000. These two denominations ceased to be legal tender from midnight of 8th of November 2016. The reasons offered for demonetization are two-fold: one, to control counterfeit notes that could be contributing to terrorism, in other words a national security concern; and second, to undermine or eliminate the “black economy.” It has also been a step forward towards a digital cashless economy. In this study an attempt is being made to present a discussion on both the short- and long-run effects of demonetization. It attempts to throw light on the impact of some macroeconomic variables—GDP, sectoral composition, industrial production, inflation, employment—using secondary time-series analysis. The empirical analysis clearly reveals that contraction of currency in circulation was one of the most important factors responsible for decrease in GDP in India after the period of demonetization. Apart from the issue of transition, confronted by the banking system, the government initiative was needed to neutralize the short-term, medium-term, and long-term effects particularly on regularization of cash flows, withdrawals, income, employment, inflation, consumption, and production. Moreover, cyber and other digital security measures were also essential to curb any kinds of frauds and encourage people towards a more digital cashless economy.

scholarly journals The determinant factors of Indonesian competitiveness of cocoa exports to Germany

2020 ◽  
Vol 18 (1) ◽  
pp. 75-84
Author(s):  
Tyas Titi Hapsari ◽  
Aisyah Fitri Yuniasih
Keyword(s):  
Secondary Data ◽  
Added Value ◽  
Cocoa Beans ◽  
Short Term ◽  
The Third ◽  
Long Run ◽  
The World ◽  
Export Competitiveness ◽  
The Government ◽  
Variable Exchange

Cocoa is one of the leading commodities from the plantation sub-sector in Indonesia. At the world level, Indonesia is the third-largest producer of cocoa beans after Côte d’Ivoire and Ghana (FAO, 2017). However, Indonesia still exports cocoa in the form of (raw) beans which results in the loss of added value and not developing the domestic cocoa industry. For this reason, the government issued No. 67/PMK.011/ 2010 concerning the imposition of Export Levy and Export Levy Tariffs to suppress the export of cocoa beans and then increase the competitiveness of processed cocoa exports. The purpose of this study was to determine the competitiveness performance of Indonesian processed cocoa to Germany and what factors influenced the export competitiveness in 1992-2017. This study uses secondary data from various sources that were analyzed using Revealed Comparative Advantage (RCA) and Error Correction Mechanism (ECM). The analysis shows that in the long run the variable exchange rate, world cocoa prices, and dummy export duty significantly affect competitiveness while in the short term, population variables and world cocoa prices significantly influence competitiveness.

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