{"title":"Impact of Public Infrastructure Investment on Private Infrastructure Investment","authors":"Faisal Nadeem Shah, Z. Fatima, B. Bashir","doi":"10.47067/reads.v7i3.395","DOIUrl":"https://doi.org/10.47067/reads.v7i3.395","url":null,"abstract":"The aim of this paper is to find the relationship among government and private capital formation in Pakistan during the period 1981 to 2018. This study employs Auto Regressive Distributive Lag (ARDL) bound test. The results show that government infrastructure investment negatively effects on private infrastructure capital formation in long run and short run, indicating that government infrastructure investment crowds out private infrastructure investment. In determining the role of the government in investment and liberalization policies, the results of this paper have important policy implications.","PeriodicalId":32725,"journal":{"name":"Review of Economics and Development Studies","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49294844","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Gendered Personality Traits, Academic Programs and Academic Performance of Pakistani University Students: An Evidence From Pakistan","authors":"R. Ali, Rabia Bahoo, Bushra Shoukat","doi":"10.47067/reads.v7i3.399","DOIUrl":"https://doi.org/10.47067/reads.v7i3.399","url":null,"abstract":"The academic performance reflects students’ success or failure to achieve learning objectives and goals in their academic endeavours. Previous studies have highlighted the major influence of students’ gender, personalities, and academic programs on their academic performance. Different cultures, social settings, and educational systems promote different perceptions of gender roles that can produce different preferences of subjects and personality traits. Hence, the study aimed to assess the direct and total effects of Pakistani university students’ gender, personality traits, and subject choices or academic programs on their academic performance. The Structure Equation Modeling approach was applied in two stages to find out the impacts of gender, personality traits, and academic programs on students’ academic performance. The results showed that the gender variable is related to students’ personality traits and the academic program. Although, gender did not have a direct impact on students’ grades, but its total effect through personality traits and the academic program was significant. The personality traits were not found to have a direct or total significant effect on students’ academic performance. The academic performances of students of some academic programs were higher as compared to students of other academic programs. The stereotype gendered personality traits and subject choices were present in students. The students’ perceptions of stereotype gender roles, consequent personality traits, and subject choices should be intervened to improve the academic performance of both genders.","PeriodicalId":32725,"journal":{"name":"Review of Economics and Development Studies","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46970914","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Academic Service Learning for Underprivileged Communities in Pakistan: Enhancing Development beyond Economics","authors":"Z. Habib","doi":"10.47067/reads.v7i3.400","DOIUrl":"https://doi.org/10.47067/reads.v7i3.400","url":null,"abstract":"This study focuses on development of disadvantaged communities via an Academic Service Learning project, incorporated in the PhD coursework of a private university. School teachers from an underprivileged community in a charitable village school of Baluchistan were given training by the students after doing interviews for needs analysis and developing and implementing a workshop based on their needs. As part of the workshop evaluation process, teachers’ perspectives were examined after teachers had incorporated the workshop strategies in their classrooms. Findings were highly positive, because teachers demonstrated enhancement in learning and constructive gain in scholarship which they could transfer to students and to other teachers in the community. Data from students who had carried out the project, accentuated improved learning and a keen desire for voluntary participation in service learning projects for helping underprivileged communities. This study not only contributes to the body of literature in academic and community service learning in the Pakistani educational context, but elaborates on the value of factors beyond economics for advancement of deprived segments of society.","PeriodicalId":32725,"journal":{"name":"Review of Economics and Development Studies","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49107025","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Factors Contributing Towards Women Employability: An Impact Assessment of a Women Skill Development Training Program","authors":"F. Sarwar, Rana Ejaz Ali Khan","doi":"10.47067/reads.v7i3.397","DOIUrl":"https://doi.org/10.47067/reads.v7i3.397","url":null,"abstract":"It is an impact assessment study of a women skill development training program namely District Industrial Homes in Punjab. A quasi experimental (ex post facto) research design has been applied to develop a counterfactual relationship between the outcomes of this program and the demographic and personal characteristics of the women trainees that have get training from the program within time period of 2016 to 2019. The analysis has observed that computer application and stitching/ cutting are most popular trades among women. Further, it has been observed as the time period since the women has gotten training increased the visibility of trained women in market is decreased. The majority of the women were unmarried, of age 15 to 25 years and majority of them have education level intermediate or above. The female work participation was much higher among the women respondents, however, majority of them were unemployed and had no utilization of their skills in daily life business. The data shows that all the unemployed women were unmarried and all the entrepreneur women were either divorced or widow. Another interesting fact have been revealed from the bivariate analysis that all the women that were unemployed have education metric or below metric and all the women that have any employment status have intermediate or above education level. The women employment status has been found more in families with large family size comparatively and all the women that did not practice the veil were unemployed. The female work participation and women employment status have been observed relatively high in low income families. The multinomial regression analysis have established that education level, mother’s education level, family size and own family house contribute positively and age dependency ratio, female work participation, veil and family employment (total) has negative impact on women employment status.","PeriodicalId":32725,"journal":{"name":"Review of Economics and Development Studies","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41831446","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How Do Organizational Commitment and Work Engagement Mediate Between Human Resource Management Practices and Job Performance?","authors":"Quaisar Ijaz Khan, Raheel Mumtaz, M. Rehan","doi":"10.47067/reads.v7i3.403","DOIUrl":"https://doi.org/10.47067/reads.v7i3.403","url":null,"abstract":"The main goal of this study is to empirically determine the mediating roles of organizational commitment and work engagement between the relationship of human resource management practices and job performance of the faculty members working in public sector universities of Pakistan. Data were obtained by self-administrated questionnaire. This study used stratified random sampling. Structural Equation Modeling (SEM) has been applied by using SMART PLS registered version 3; to test the statistical model. The study found that work engagement and affective organizational commitment has partially mediating relationship with human resource management practices and job performance. Social Exchange Theory used as under pinning theory to develop theoretical model. Data were collected from 247 faculty member working in public sector universities of Pakistan.","PeriodicalId":32725,"journal":{"name":"Review of Economics and Development Studies","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48323353","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rukhsana Rasheed, M. Ishaq, Rabia Anwar, Mehwish Shahid
{"title":"Economic Interactions among Stock Market Performance and Macroeconomic Variables with Mediating Role of Gold Prices Volatilities: An Evidence from Pakistan","authors":"Rukhsana Rasheed, M. Ishaq, Rabia Anwar, Mehwish Shahid","doi":"10.47067/reads.v7i3.384","DOIUrl":"https://doi.org/10.47067/reads.v7i3.384","url":null,"abstract":"In all emerging economies, one of the most challenging issues for investors is the multifaceted inter-relationship between volatility of gold prices and stock market index. During the COVID-19 sub-periods, gold has shown a strong hedging behavior against stock market performance. The main objective of this study was to quantify the long-run relationship among multiple independent macroeconomic variables (predictors) on stock market index (response variable) using the volatilities of gold prices as a mediator factor. This study applied the descriptive statistics, correlation, t-test and OLS multiple regression Model. The specific data comprised of period 2011-2020 regarding the fluctuations in gold prices, exchange rate, interest rate, inflation rate and performance of stock market index has been utilized. The statistical outputs of models showed that exchange rate (Dollar to PKR) was positively affecting the performance of Karachi Stock Exchange (KSE)-100 Index, whereas inflation rate and interest rate were negatively affecting the overall performance of KSE100 index. The findings of this study suggested that to achieve better performance of stock market, relatively low interest rate and inflation rate contribute a significant role. However, to increase the generalization capabilities of this study the impact of mentioned macroeconomic variables in other sectors like industrial production, oil & gas and energy sectors with wider time span can be more helpful.","PeriodicalId":32725,"journal":{"name":"Review of Economics and Development Studies","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48246362","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"An Analysis of the Outcome of Socio Economic Factors on Mobility and Changes in Consumption Pattern in Northern Punjab, Pakistan","authors":"Samra Khalid, N. Asghar, H. Rehman","doi":"10.47067/reads.v7i3.379","DOIUrl":"https://doi.org/10.47067/reads.v7i3.379","url":null,"abstract":"The relationship between mobility and consumption pattern has been neglected in the past particularly in developing countries. Socio-economic mobility is the movement of individuals, social groups, or categories of people in the layers or strata between two different periods. For effective policy making, it is important to gauge the mobility pattern which portrays the socio-economic changes of society over the period as opposed to at one point in time. This brings up the need to examine the way in which elements of socio-economic mobility impacts the consumption in the emerging class of the society. Socio-economic factors and their influence on intra-temporal household mobility reveal the education as an important mediating factor in Northern Punjab. Whereas, opportunity of education and occupation work together to bridge the gap between an increase in household income and socio-economic status. This study concludes that education and occupation based mobility of households divert their consumption pattern toward more cultural goods. The emerging class seems to be attracted more towards conspicuous consumption including private schools, health care, shopping and the consumer goods to enhance their living standards.","PeriodicalId":32725,"journal":{"name":"Review of Economics and Development Studies","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44986121","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impact of Network Factors on Supply Chain Performance: A Case of Textile Sector of Pakistan","authors":"Nadir Munir Hassan, M. N. Abbasi","doi":"10.47067/reads.v7i3.378","DOIUrl":"https://doi.org/10.47067/reads.v7i3.378","url":null,"abstract":"This study elaborates the importance of network perspective in driving performance outcomes especially in the context of agriculture (Textile) supply chains. The impact of network factors (i.e. actors, resources, and activities) on overall supply chain performance have been explored. By deploying survey, a two-stage cluster sampling was used to attain study objectives. The Textile firms from Punjab and Sindh were selected for data collection. Through a structured questionnaire, 482 responses were generated and analyzed using PLS-SEM. The findings of the study confirmed that Network Actors (Textile Firms), the activities they perform, and the resources they have, generate a significant and positive impact on supply chain performance. The study recommends the need for understanding the role of integrative initiatives between the studied variables, i.e. network factors. Further, it is argued that integrated Network Factors can generate a significant impact on Supply Chain Performance.","PeriodicalId":32725,"journal":{"name":"Review of Economics and Development Studies","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47672674","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Muhammad Umar, I. Chaudhry, M. Faheem, Fatima Farooq
{"title":"Do Governance, Foreign Direct Investment and Human Capital Matter to Bolster Trade Liberalization? Fresh Insight from Developing Countries","authors":"Muhammad Umar, I. Chaudhry, M. Faheem, Fatima Farooq","doi":"10.47067/reads.v7i3.369","DOIUrl":"https://doi.org/10.47067/reads.v7i3.369","url":null,"abstract":"This study aims to explore the impact of governance, foreign direct investment and human capital on trade liberalization in developing countries (lower income, middle income and upper middle income). The study employed fixed effect for the period of 2000 to 2019. Results show governance, foreign direct investment and human capital are highly significant with trade liberalization in the case of lower-income countries. In the case of middle-income countries, empirical findings demonstrate governance and foreign direct investment are highly significant with a negative sign, while human capital has positive on trade liberalization. In the case of upper-middle-income countries, results show human capital and foreign direct investment affect positively, while governance has a negative effect on trade liberalization. On the behalf of results it is suggested that in the countries where human capital is high, most of the inflows of foreign direct investment happen. It means that the government can develop human resources to attract more foreign direct investments. The governments of developing countries should also concentrate on education, including training facilities and other quality educational facilities for human skill development.","PeriodicalId":32725,"journal":{"name":"Review of Economics and Development Studies","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-07-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47992531","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Muhammad Shahid Maqbool, F. Bashir, H. Rehman, Rashid Ahmad
{"title":"Revealed Comparative Advantages and Exports Competitiveness of ASEAN-5 Countries in the Global Market","authors":"Muhammad Shahid Maqbool, F. Bashir, H. Rehman, Rashid Ahmad","doi":"10.47067/reads.v7i2.360","DOIUrl":"https://doi.org/10.47067/reads.v7i2.360","url":null,"abstract":"This study aims at measuring the comparative advantage and competitiveness of the ASEAN-5 (Malaysia, Indonesia, Philippines, Singapore and Thailand) economies in the world market. The current study employed four indices of Revealed Comparative Advantage namely Revealed Comparative Advantage index (RCA), LnRCA, Vollrath index (RCA#) and Revealed Symmetric Comparative Advantage index (RSCA). The data for the analysis has been taken from International trade center UN-COMTRADE statistics for the exports of electrical machinery for these selected economies from 2003-2020. The findings of the analysis portray that Malaysia, Philippines, Singapore and Thailand had a comparative and competitive advantage, while Indonesia had a comparative and competitive disadvantage in the electrical machinery in the global economy. This study will be helpful for the policy makers to boost human capital formation and to increase technology transfer and innovation to enhance the competitiveness and comparative advantage.","PeriodicalId":32725,"journal":{"name":"Review of Economics and Development Studies","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41567308","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}