scholarly journals Impact of Trade Liberalisation Policies on the Coconut Export from India

2020 ◽  
Vol 65 (4) ◽  
Author(s):  
F. Thasnimol

The present study analysed the impact of trade policies on coconut economy of Kerala based on the secondary data from Coconut Development Board (CDB) and Export-Import data bank of Government of India. Exponential growth function, Cuddy- Della instability index and Revealed Symmetric Comparative Advantage (RSCA) were used to compute the growth rates, instability indices and comparative advantage, respectively. Though trade liberalization adversely affected the coconut farmers during the initial phase of liberalization, it subsequently increased the opportunities of the Indian coconut sector to compete in the world market. Compared to Period I (1980-81 to 1993-94), a significant improvement in the coconut export was observed during Period II (1994-95 to 2007-08) and Period III (2008-09 to 2016-17). The high growth rates of coconut products together with low instability indices in the export revealed the prospects for Indian coconut sector in the global market during the post liberalization period. The value of RSCA revealed that India lacked any comparative advantage of coconut export in Period I. While in Period II, the export of coconut and copra possessed a comparative advantage from 2002 and 2005, respectively, and maintained the comparative advantage throughout the Period III. The result indicated that India must give much effort to increase the export share of coconut, copra and other value-added coconut products to augment the foreign earnings.

2018 ◽  
Vol 19 (5) ◽  
pp. 935-964 ◽  
Author(s):  
Neha Smriti ◽  
Niladri Das

Purpose The purpose of this paper is to examine the effect of intellectual capital (IC) on financial performance (FP) for Indian companies listed on the Centre for Monitoring Indian Economy Overall Share Price Index (COSPI). Design/methodology/approach Hypotheses were developed according to theories and literature review. Secondary data were collected from Indian companies listed on the COSPI between 2001 and 2016, and the value-added intellectual coefficient (VAIC) of Pulic (2000) was used to measure IC and its components. A dynamic system generalized method of moments (SGMM) estimator was employed to identify the variables that significantly contribute to firm performance. Findings Indian listed firms appear to be performing well and efficiently utilizing their IC. Overall, human capital had a major impact on firm productivity during the study period. Furthermore, the empirical analysis showed that structural capital efficiency and capital employed efficiency were equally important contributors to firm’s sales growth and market value. The growing importance of the contribution of IC to value creation was consistently reflected in the FP of these Indian companies. Practical implications This study has robust theoretical grounds and employs a validated methodology. The present study extends knowledge of IC among academicians and managers and highlights its contribution to value creation. The findings may help stakeholders and policymakers in developing countries properly reallocate intellectual resources. Originality/value This study is the first study to evaluate IC and its relationship with traditional measures of firm performance among Indian listed firms using dynamic SGMM and VAIC models.


2021 ◽  
Vol 2 (2) ◽  
pp. 31-42
Author(s):  
Eniola Ayisat Sulaiman ◽  
Abubakar Sadiq Kasum ◽  
Wasiu Ajani Musa

Having observed the rate at which dissimilarity occurs between market and book value, and management ignorance concerning the impact intellectual capital disclosure has on companies’ values spurred the interest to probe the association between the efficiency of value-added intellectual coefficient (VAIC) and market-based financial performance of listed Nigerian conglomerate companies. To accomplish the purpose of this study, secondary data were employed and extracted from annual audited reports of listed conglomerate companies in Nigeria from the period of 2010–2018. The data obtained were subjected to static panel data regression analysis technique. The random-effects model was adopted because the empirical result from Breusch and Pagan Lagrangian multiplier (BP-LM) and Hausman tests chose it over the fixed-effects model to produce better results. This study revealed that the value-added efficiency of capital employed (VACA), value-added efficiency of human capital (VAHU), and value-added efficiency of structural capital (STVA) are the drivers of intellectual capital in the conglomerate sector. This study concluded that elements of intellectual capital have a strong power on market-based financial performance. This study recommends that information on intellectual capital components should be reported in ways they deem fit by developing a model of intellectual capital disclosure that complies with the International Accounting Standard Board (IASB)


2021 ◽  
Vol 882 (1) ◽  
pp. 012079
Author(s):  
I Suherman ◽  
S Rochani ◽  
D Cahyaningtyas

Abstract The establishment of the Indonesian Battery Corporation is a step forward to make Indonesia a global player in the electric vehicle battery industry. This state-owned consortium is mandated to develop an integrated electric vehicle battery industry ecosystem from upstream to downstream. Indonesia has around six companies developing High-Pressure Acid Leach processing and refining projects. Battery production for Indonesian electric vehicles is estimated to contribute approximately 12.7% to the global market by 2035. A value-added analysis approach model is estimated to increase Gross Domestic Product by $21,434 billion. In addition, the impact on job creation is around 42,603 people. This estimation can be implemented with some supports, such as partners with proven technology and significant capital to build the precursor and cathode industries, battery cell and battery industries, and the electric vehicle industry and policies related to development.


2021 ◽  
Vol 92 ◽  
pp. 01058
Author(s):  
Natalia Zhuravleva ◽  
Liana Chechenova

Research background: The coming period of the world economy coming out of the pandemic crisis will seriously change the situation in the cargo and passenger segment. According to the assessment of the current situation, in the global market there is a violation of the usual ties between producers and consumers, an imbalance in transport flows associated with changes in demand. At the same time, in a crisis, rail transport is the main tool, since a significant amount of anti-epidemic protective equipment from China was transported by trains. It is clear that in the near future the dynamics of the market depends, first of all, on the further development of events and measures of state support for industries and businesses. Purpose of the article: The purpose of this research is to score the factors of the post-crisis state of transport sector: alterations in the gravity of commodity markets, modifications of valuable preferences assessment of the shipper and the passenger, that change the business model of transport companies. Methods: Standard methods of scientific research are used: theoretical and experimental; complex methods of analysis and evaluation of business models: a complex scheme for developing a business model, a canvas and a conceptual scheme of a business model; methods of qualitative data analysis. Findings & Value added: Factors changing the transport business model are systematized. The research estimates a change probability in the gravity of commodity markets towards Asian countries, the consequences of the influence of digital technology on the efficiency of the transport business and the shift in the value of transport services in the line of high speeds. It shows the impact of the post-pandemic economy, which has formed new habits, passenger behavior on passenger companies’ operations. The research justified crisis effects resulting in the deterioration of the competition in the transport markets.


2021 ◽  
Vol 92 ◽  
pp. 07015
Author(s):  
Jaroslav Dado ◽  
Lenka Hvolkova ◽  
Janka Taborecka

Research background: Globalization - the process of increasing social, cultural, political, and economic interdependence - has resulted in several changes in business environment. Global market opportunities and threats are major effects of globalization; they refer to the increases in market potential, trade and investment potential and resource accessibility. Global market threats refer to the increases in the number and level of competition, and the level of uncertainty. Global competitors can have the impact on bankruptcy of local SMEs in less developed or smaller countries. Are globalization in economics and company bankruptcy related? In the past, the cause of bankruptcy was mainly in the company itself. The development of globalization has brought a number of positive as well as a number of negative consequences for several areas of society. Is one of the negative effects of globalization the bankruptcy of companies? Purpose of the article: The paper presents a classification of external and internal causes of bankruptcy and indicators of the threat of company bankruptcy. The paper also focuses on the results of the research analysis about the causes of small and medium-sized enterprises mortality in Slovakia and the impact of globalization factors as the causes of their bankruptcy. The analysis of bankruptcies is oriented on the research of the causes of small and medium-sized enterprises mortality in Slovakia and the influence of globalization factors as the causality of their bankruptcy. Methods: The research sample presents structured interview with 16 SMEs´ owners. They identified more aspects of globalization impact to Slovak SMEs bankruptcy. Findings & Value added: The results of research indicate that there is an evidence of impact of globalization on the bankruptcy of SMEs in Slovakia, but there are some differences among various industries.


2019 ◽  
pp. 1-8
Author(s):  
Nisha . ◽  
Baishali . ◽  
Mohit Nain ◽  
D. R. Aneja ◽  
Sanjeev .

The Presented study is an attempt to examine the trend and instability in area, production and productivity of food grain crops in Haryana and India during period 1966-67 to 2012-13 and five sub periods i.e. P-I (1966-67 to 1975-76), P-II (1976-77 to 1985-86), P-III (1986-87 to 1995-96), P-IV (1996-97 to 2005-06) and  P-V (2006-07 to 2012-13). The study is based on secondary data. The study reveals positive trends in area, production and yield of food grains for both Haryana and India. Production in Haryana and India increased mainly due to increase in yield. Similar results have been obtained on triennium bases. In Haryana, area, production and yield have shown positive growth rates in all the periods and the overall period except for area in Period-III, IV and V. In the case of India positive growth rates has obtained for production and yield of food grains while area has shown negative trend in Periods III, IV, V and entire period under study. The coefficient of variation (C.V.) in respect of the three components i.e. area, production and productivity of total food grains found to be higher in Haryana as compared to India in all the periods and the overall period except for yield in period-III, yield and production in period-IV and yield in Period-V. Similar results have been obtained for the instability indices.


2020 ◽  
Vol 6 (20) (3) ◽  
pp. 45-67
Author(s):  
Ben-Salha Ousama ◽  
Zmami Mourad

The aim of the article is to conduct an empirical analysis of the impact of aggregate and disaggregate private capital flows on economic growth in eleven MENA countries between 1980 and 2018. Unlike prior empirical studies, the fixed effect panel quantile approach developed by Canay (2011) is implemented. Findings suggest that there is a significant difference in the effects of private capital flows on economic growth across lower and higher quantiles. More specifically, the effects of total private capital flows, foreign direct investment flows, portfolio flows and debt flows are positive and statistically significant only for low and medium quantiles, indicating that the enhancing impact of private capital flows in terms of economic growth is only confirmed in countries with relatively low and medium growth rates. Moreover, debt flows affect economic growth in countries recording high growth rates, stressing the importance of financial development in routing those flows into the most productive projects in the economy.


2021 ◽  
Vol 17 (2) ◽  
pp. 135-140
Author(s):  
Anjali S. Chaudhari ◽  
K.A. Khunt ◽  
Viralkumar P. Chaudhari ◽  
C.P. Chetariya

The importance of Non-Timber Forest Products (NTFPs) and its contribution to rural livelihoods and alleviating rural poverty is well known in Gujarat and emerging as the source of income for the rural poor. Therefore, promotion of Non-Timber Forest Products (NTFP) species, therefore, the present study aimed at to examine the growth rates and instability of different forest products. The secondary data on quantity and value of different wood and non-wood products from the year 1996-97 to 2017-18 were compiled from published sources. The results revealed that quantity of Mahuda flowers and Honey increased significantly while majority of NTFPs found to be decreased but it is statistically non-significant during overall period. Instability indices of both quantity as well as value of NTFPs found to be higher during overall period. The quantity of teak timber significantly increased in Valsad circle but it significantly decreased in Ahmedabad circle, while change in value found to be nonsignificant in all circles during overall period because of irregular and timely non-availability of NTFPs.


2018 ◽  
Vol 17 (2) ◽  
pp. 133-144
Author(s):  
Magdalena Wojarska ◽  
Karolina Babuchowska ◽  
Wiesława Lizińska ◽  
Renata Marks-Bielska

As the socio-economic reality is growing increasingly complex, the role of local governments in the management of events and processes occurring in local communities gains importance. Considering the fact that the basic task of local authorities is to stimulate the growth and development of a given local entity, an analysis was undertaken to the aim of assessing the relationship between the level of local development and the institutional efficiency of local self-governments and vice versa, in a regional approach (NUTS 2). To achieve this aim, mixed data were analysed, that is raw data (acquired via survey from 1,220 municipalities) and secondary data (from the database of the Local Data Bank). The efficiency of local governments was measured with an aggregate factor EFF, while the level of development was assessed with the DEV measure. The results indicate that the local governments did rather poorly in terms of both efficiency and development. In both cases, the mean value of the applied synthetic measures reached no more than 30% of the maximum attainable score. The basic tools in the research were correlation and regression analysis. Both procedures demonstrated the presence of a relationship between the two analysed categories (r = 0.365). Moreover, the analysis of regression showed that the impact of developmental processes on the improvement of efficiency of local governments was stronger that the influence of improved efficiency on developmental processes occurring in the analysed municipalities.


2020 ◽  
Vol 12 (16) ◽  
pp. 6446
Author(s):  
Paweł Dziekański ◽  
Piotr Prus

In the modern state, the role and importance of communes is growing. They can carry out their tasks when equipped with stable and efficient sources of income. Financial resources are the basis for the operation and implementation of current and development tasks. Their analysis makes it possible to assess the budget structure and provides information on the state of the local economy or endogenous growth potentials. The aim of the article is to assess the diversity of the financial situation of rural communes using a synthetic measure. In addition, using the econometric models, the impact of socio-economic factors on the diversity of the measure of synthetic financial situation was examined. In order to build synthetic measures, the Technique for Order Preference by Similarity to an Ideal Solution method and based on distance in real space with Euclidean metrics were used. The aggregated value of the synthetic variable facilitates the comparison of objects in multidimensional spaces, but also makes it possible to order them due to the examined phenomenon. Empirical data were collected in spatial terms of 484 rural communes in the Eastern Poland region. In the case of municipalities, the choice of variables was largely determined by the availability of secondary data collected in a municipal system at the Local Data Bank of the Central Statistical Office for 2009–2018. The analysis showed that the rural communes of eastern Poland are characterized by significant disproportions in terms of financial standing. Rural communes with the best financial condition were characterized by a higher share of own revenues in total revenues, a higher level of income from local taxes and obtained from the share in the tax on natural and legal persons. It seems that the main reason for the relatively small impact of financial conditions on economic and social development is their strong dependence on transfer revenues transferred from the state budget and the amount of current expenditure. The above circumstances stiffen and stabilize the financial economy, making it relatively less susceptible to the influence of other factors. The obtained results may constitute for the local authorities an important source of information on the disproportions occurring between units on setting out potential directions for optimizing the structure of local finances.


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