Commercial Production Practices, Returns and Risk-bearing Ability in the Small-scale Gardening of Agar Plants in Selected Areas of Bangladesh

2021 ◽  
Vol 5 (2) ◽  
pp. 397-415
Author(s):  
Mohammad Yousuf Ali ◽  
Shaikh Abdus Sabur ◽  
Md Saidur Rahman ◽  
Md Abu Saiyem
Keyword(s):  
Commercial Production ◽  
Plant Production ◽  
Small Scale ◽  
Government Organizations ◽  
Short Run ◽  
Margin Of Safety ◽  
Production Practices ◽  
The Government ◽  
Backward And Forward Linkages

Commercial gardening of Agar Plant (AP) is an emerging part of agribusiness enterprises in Bangladesh which is existence in some cases at a small scale of limit, demanding the proper strategies for prompting AP commercial production. Therefore, the objectives of the study were to identify the commercial production practices, producers’ returns and the risk-bearing ability in small-scale gardening of agar plants. Bharlekha upazila in Moulvibazar district of Bangladesh was selected as the study area. Data were collected from randomly selected eighty AP producers of that area during the year 2017.The average life of the plants is around 16 years, and the production activities are the seed and sapling collection and growing; land selection and preparation and sapling planting; intercultural operation; nail setting on agar plants; and harvesting and selling which are mainly done by the AP producers. There is a strong backward and forward linkages have been identified. Results showed that the AP plant production enterprise is highly profitable only in the long-term period of 16 years time, which is not possible in short-run. Also, the break-even analysis of AP production resists a large drop of yield and price before incurring a loss, which gives the farmers a comfortable margin of safety and a risk bearing ability. The study recommended that the government and non-government organizations should come forward to provide directions and supports for promoting and sustaining agar plant production on commercial basis throughout the country.

scholarly journals An empirical nexus between poverty and unemployment on economic growth

2021 ◽  
Vol 9 (1) ◽  
pp. 85-94
Author(s):  
KEJI Sunday Anderu
Keyword(s):  
Economic Growth ◽  
Agricultural Sector ◽  
Poverty Rate ◽  
Least Square ◽  
Small Scale ◽  
Distributed Lag ◽  
Long Run ◽  
Lm Test ◽  
Short Run ◽  
The Government

The study examines the empirical nexus between poverty and unemployment on economic growth in Nigeria between 1980 and 2016. Auto-Regressive Distributed Lag (ARDL), Bound cointegration testing, and Error Correction Methods (ECM) were used to investigate the link between unemployment, poverty rate, and economic growth in Nigeria. Post estimation tests such as the Jarque-Bera test, Breusch-Pagan, ARCH test, and Ramsey reset test were also adopted in order to validate the research finding. The diagnostic tests further disclosed that the estimated model follows the Ordinary Least Square technique assumptions to attain efficiency and consistency of the model employed. The Jarque-Bera test suggests that residuals for both models are normally distributed, and the Breusch-Godfrey Serial Correlation (LM) test indicates that the hypothesis of no autocorrelation cannot be rejected. Interestingly, the ARDL and ECM results show that unemployment and poverty significantly impact economic growth both in the short and long run. Hence, the study recommended that the Nigeria government should ensure that adequate measures are put in place: Such as investment in education, agricultural sector reform, expansionary fiscal policy, intervention in micro-lending for small scale businesses by the government should be implemented to reduce the level of unemployment and poverty rate both in the short run and long run.

An Overview of Illegal Logging Situation in Peninsular Malaysia

2013 ◽  
Vol 1 (2) ◽  
pp. 24-30
Author(s):  
Iqtie Qamar Laila Mohd Gani ◽  
Razak Wahab ◽  
Mohd Sukhairi Mat Rasat
Keyword(s):  
Negative Relationship ◽  
Peninsular Malaysia ◽  
Small Scale ◽  
Illegal Logging ◽  
Tropical Timber ◽  
Food And Agriculture ◽  
Food And Agriculture Organization ◽  
The Government ◽  
The Relationship

The trends of illegal logging and current situation of illegal logging in Peninsular Malaysia were studies. Data and information from year 2001 to 2010 on volume of log productions (m3) and volume of illegal log productions were collected from the government and private sectors such as the Forestry Department Peninsular Malaysia (FDPM), International Tropical Timber Organization (ITTO) and Food and Agriculture Organization (FAO). The data obtained were statistically analyzed using the correlation analysis to determine the direction and the strength of the relationship between log productions and illegal log productions. The results showed that the trends of illegal logging are on the increased. Eighteen percents (18%) of the logs cut annually are obtained from illegal operation. The log productions and illegal log productions resulted have a weak negative relationship as r = -0.271, p = 0.603 and do not significantly related. The illegal log productions are inversely related with the log productions. It can be concluded that the log productions in Peninsular Malaysia occurred in a small scale and the situation is under control. Proper long-term planning needs to be generated and implemented to prevent the problem from becoming worse.

Is China an Anomaly for the “Law Matters” Hypothesis?

2014 ◽  
Vol 1 (2) ◽  
pp. 339-365 ◽  
Author(s):  
Guangdong XU
Keyword(s):  
Economic Growth ◽  
Environmental Quality ◽  
Economic Miracle ◽  
Governing Factor ◽  
Short Run ◽  
Factor Markets ◽  
The Law ◽  
The Government ◽  
The Cost

AbstractIt has long been argued that the legal system does not have a strong role in explaining China’s economic miracle; therefore, China is often presented as an anomaly for the “law matters” hypothesis. This study contributes to the debate from a unique perspective by examining the connection between law and the operation of factor markets. In China, laws and regulations governing factor markets have been systematically distorted by the government, intentionally or unintentionally, to facilitate the nation’s enormous economic growth in the short run at the cost of environmental quality, ordinary citizens’ welfare, and long-term economic health. Thus, China has become a fast-growing but unsustainable economy.

scholarly journals Framework for Long-Term Public Housing Supply Plan Focusing on Small-Scale Offsite Construction in Seoul

2021 ◽  
Vol 13 (10) ◽  
pp. 5361
Author(s):  
Hosang Hyun ◽  
Young-Min Lee ◽  
Hyung-Geun Kim ◽  
Jin-Sung Kim
Keyword(s):  
Public Housing ◽  
Urban Areas ◽  
Quantitative Research ◽  
Housing Demand ◽  
Small Scale ◽  
Modular Construction ◽  
Research Framework ◽  
The Government ◽  
Housing Units

The public housing demand in Seoul has been continuously increasing, but the available land for housing is insufficient. To meet the demand, the Seoul government is planning to develop small-scale housing in urban areas through various methods. Construction activities for increasing housing capacity cause negative environmental impacts, and this inevitably leads to an increase in the number of civil complaints. The complaints can be mitigated by using offsite construction (OSC) for fabricating components. However, OSC remains underdeveloped in Korea owing to concerns over high project costs. To promote OSC, the government must develop a long-term plan to secure demand for OSC. For such a plan, the number and feasibility of applicable sites in Seoul must be estimated. This study suggests a two-stage research framework: (1) estimate the number of applicable sites in Seoul using GIS and (2) conduct feasibility analyses of these sites through architectural planning. The estimated number of sites was equal to the expected supply of small-scale housing units in Seoul for 8 years, and the selected case sites were identified to be feasible. Therefore, the use of OSC for developing small-scale housing units in Seoul is reasonable. This research differs from previous studies in that the previous use of qualitative studies to promote modular construction was replaced with a quantitative analysis that included the entire Seoul area. Using the research framework, the Seoul government can develop a specific long-term plan based on the quantitative research analysis. Furthermore, manufacturers can develop plans based on the government plan and deliver returns on the higher initial costs. The contractors can reduce the higher project cost and doing so is expected to mitigate the negative perception and to promote modular construction in Korea.

scholarly journals Trends in the management of global economic development in the post-pandemic period

2021 ◽  
pp. 76-86
Author(s):  
Iaroslav Petrunenko ◽  
Valentyna Chychun ◽  
Nataliia Shuprudko ◽  
Yuliia Kalynichenko ◽  
Issa Ali
Keyword(s):  
Economic Development ◽  
Public Confidence ◽  
Important Place ◽  
Forecasting Method ◽  
Short Run ◽  
World Economic ◽  
The Government ◽  
The Impact ◽  
Further Development

This article is devoted to the study of trends in the management of global economic development in the post-pandemic period. The paper developed recommendations for further development of countries in the context of the recurrence of pandemics. With this in mind, the main trends in the development of countries during the pandemic were considered and the impact of quarantine on the economies of various countries was determined. To model the future actions of states, based on studies of the historical preconditions for the development of countries in the post-crisis period, the basic patterns were identified, allowing to predict different scenarios of world economic development. The article introduces a forecasting method of global economic development based on the quadrant of trust and affluence of the population, which allows predicting various options for post-pandemic development according to four possible scenarios. The first option is a rapid V-shaped growth, which is based on the fact that with a sufficient level of public confidence in the government, as soon as the quarantine restrictions expire, the economy will gain momentum. The second one is the long-term U-shaped growth, which is expected to take place in terms of insufficient public confidence in the government, with a population reluctant to invest in economic growth. The third one is the L-shaped development, which does not provide for economic recovery in the short run due to public distrust and the impossibility of business recovery. Finally, the fourth scenario is the worst one: it's the way of development, that occurs in case of impossibility of survival and complete distrust to the government; the population will be forced to organize protests and revolutions, thus making the economy operate even worse. According to the expectations of international regulators, V or U-shaped recovery of the world economy after the COVID-19 pandemic is expected nowadays. Most businessmen believe that post-pandemic development will be U-shaped. To improve the mechanisms of managing the development of world economies, the directions of development are proposed focused not on capitalist, but social goals. The state should occupy an important place in this process acting as a guarantor of efficient allocation of resources and providing social guarantees to the population during possible further cataclysms.

scholarly journals Microfinance Banks Dynamics Effect on Small-Scale Enterprise Development in Nigeria

2020 ◽  
Vol 6 (2) ◽  
pp. 64
Author(s):  
Adesola, Wasiu Adebisi ◽  
Ewa, Uket Eko ◽  
Arikpo, Oka Felix
Keyword(s):  
Time Series Data ◽  
Series Data ◽  
Survey Method ◽  
Small Scale ◽  
Vector Error Correction ◽  
Vector Error ◽  
Long Run ◽  
Domestic Savings ◽  
Short Run ◽  
The Government

This study examined the effect of Microfinance Banks on the development of Small and Medium Scale Enterprises in Nigeria. This study was specifically meant to assess the extent to which microfinance banks loans and advances, investments and deposit mobilization affect the productivity of SMEs in Nigeria. The study employed the ex-pose facto research design. Time series data were collected from the CBN statistical Bulletin and SMEDAN annual publications using the desk survey method. The data were analysed using the Vector Error Correction Mechanism. Result from the analyses revealed that Microfinance banks loans and advances and investments do not have any significant effect on SMEs’ productivity in Nigeria both in the long run and short run period. The study further reveals that microfinance banks’ deposit mobilization does not have any significant effect on SMEs’ productivity in Nigeria in the long run, however, within the short run period microfinance banks deposits mobilization has a significant effect on SMEs’ productivity. Based on these findings, it was recommended that MFBs should lighten the condition for lending and increase the duration of lending to their customers, spreading the repayment over a long period of time to assist SMEs meet their funding needs. Also, the Government and its institutions, including the Central Bank, should work in concert to promote the sector, as a means of mobilizing domestic savings, widening the financial system, promoting enterprises, creating employment and income and reducing poverty.

scholarly journals Impact of Cyclone Yaas 2021 Aggravated by COVID-19 Pandemic in the Southwest Coastal Zone of Bangladesh

2021 ◽  
Vol 13 (23) ◽  
pp. 13324
Author(s):  
Rizwana Subhani ◽  
Shahab E. Saqib ◽  
Md. Anishur Rahman ◽  
Mokbul Morshed Ahmad ◽  
Siriporn Pradit
Keyword(s):  
Coastal Zone ◽  
Household Level ◽  
Government Organizations ◽  
The People ◽  
Sanitation And Hygiene ◽  
The Government ◽  
Donor Agencies ◽  
Impact Data ◽  
The Impact

The severe tropical Cyclone Yaas hit on 26 May 2021 in 16 coastal districts of Bangladesh and affected 1.30 million people. Moreover, the study areas are highly affected by the COVID-19 pandemic, which has increased the vulnerability of the people. Therefore, the objective of this study is to assess the impact of cyclone Yass aggravated by the COVID-19 pandemic in the southwest coastal zone of Bangladesh. COVID-19-aggregated Cyclone Yaas impact data at the household level were collected from Kalapara Upozilla of Potuakhali district, the area most affected by Cyclone Yaas. A total of 196 households were surveyed, and a quantitative approach was applied to analyse the data. The results show that households in the study area were severely affected by Cyclone Yaas in terms of income, housing, food consumption patterns, and water sanitation and hygiene. The outcome also revealed that the affected households received relief from the government, international/non-government organizations, donor agencies, as well as adopted coping strategies such as obtaining credit, selling assets, reducing daily meal intake, and tapping into savings. These strategies may be useful for a temporary recovery but not for the long term. The results of the study will help policymakers to reform policies.

scholarly journals The Effect of Fiscal Shock on Inflation and Economic Growth in Developing Countries

2014 ◽  
Vol 41 ◽  
pp. 184-191 ◽  
Author(s):  
Mohsen Mehrara ◽  
Mohammadreza Masoumib ◽  
Fatemeh Barkhi
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Government Expenditure ◽  
Impulse Response Function ◽  
Short Term ◽  
Short Run ◽  
Tax Shocks ◽  
The Government ◽  
Macro Variables

This paper examines the effect of fiscal policy on economic growth and inflation by using government expenditure and taxes. For this purpose, selected data from developing countries is used for the period 1990-2011. PVAR approach has been applied to study the effect of shocks on macro variables. The results of impulse response function and variance decomposition implies that economic growth will increase through government expenditure shock in short term, but in long term it is the opposite. The government expenditure shock decrease inflation. Shock of taxes, in short run, promotes slightly economic growth and in long term have no effect on growth. Moreover, at the beginning of the period, inflation is reduced following total tax shocks, but it slightly is increased in subsequent periods.

Career Predilections and Options to Opt Occupation for the Youth in Pakistan

2022 ◽  
pp. 156-170
Author(s):  
Muhammad Nawaz Tunio ◽  
Syed Mir Muhammed Shah ◽  
Muhammad Asif Qureshi ◽  
Ahmed Nawaz Tunio ◽  
Erum Shaikh
Keyword(s):  
Career Choice ◽  
Informal Employment ◽  
Internal Source ◽  
Business Incubation ◽  
Employment Opportunities ◽  
Government Organizations ◽  
Exploratory Approach ◽  
Youth Population ◽  
The Government

The aim of this study is to find the employment options and career choices of young people in a developing country, Pakistan. In this regard, an exploratory approach is used to conduct this study. The findings of the study show that there are formal and informal options for the youth to choose occupations. Formal includes the employment opportunities provided by the government which include in the long term and short term in their services; however, informal employment includes different kinds of work in the different sectors. Overseas employment is the external option of the career choice for the youth. However, a business incubation center is an internal source of career for university students and graduates who want to opt for entrepreneurship as their career choice. This study provides implications for the government and non-government organizations to create different kinds of employment opportunities to accommodate the huge youth population and make them productive for the economic development of the country and reduce the rate of unemployment.

scholarly journals Monetary Policy and Private Sector Credit Interaction in Ghana

2020 ◽  
pp. 180-191
Author(s):  
Alice Constance Mensah ◽  
Ebenezer Okyere
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Private Sector ◽  
Error Correction ◽  
Money Supply ◽  
Long Run ◽  
Short Run ◽  
The Government

Using a series of econometric techniques, the study analysed interaction between monetary policy and private sector credit in Ghana. This study made use of monthly dataset spanning January 1999 to December 2019 of credit to the private sector (PSC) and broad money supply (M2). The results reveal that there exists cointegration, a long run stationary relation between monetary policy and private sector credit. This implies, increases in credit should prompt long-term increases in monetary policy. It is not surprising that growth in the private sector might have a stronger effect on monetary policy. The Error Correction Test is statistically significant and that all the variables demonstrate similar adjustment speeds. This implies that in the short run, both money supply and credit are somewhat equally responsive to their last period’s equilibrium error. There is unidirectional causation from private sector credit to monetary policy. It can be said that, there is an interaction between money supply and private sector credit. Thus, credit to private sector holds great potential in promoting economic growth. It can be recommended to the government to increase the credit flow to the private sector because of its strategic importance in creating and generating growth of the economy.

Sign in / Sign up

Export Citation Format

Share Document