INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS最新文献_第2页

TAIL-RISK DEPENDENCE NETWORKS IN THE US COMMODITY SECTORS. HAS COVID-19 MADE A THING? 美国大宗商品行业的尾部风险依赖网络。COVID-19是否有所作为?

INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS Pub Date : 1900-01-01 DOI: 10.47509/ijaeb.2023.v05i01.03

Dimitra Tzaferi

{"title":"TAIL-RISK DEPENDENCE NETWORKS IN THE US COMMODITY SECTORS. HAS COVID-19 MADE A THING?","authors":"Dimitra Tzaferi","doi":"10.47509/ijaeb.2023.v05i01.03","DOIUrl":"https://doi.org/10.47509/ijaeb.2023.v05i01.03","url":null,"abstract":"The objective of this paper is to examine the tail-risk dependence networks in the US commodity sectors: agriculture, livestock, energy, industrial and precious metals before and during COVID-19. Applying penalised quantile regression models extended with the dummy variable for the COVID-19 period in daily commodity returns and in the time horizon 3/1/2012 to 31/5/2022, CoVaR estimations are provided. The main empirical results are that (i) COVID has affected the tail-risk connectedness between commodities in the case of their extreme good events (ii) energy sector has remained a risk receiver in the risk-network of commodities independently of their conditions (welfare, burst) and (iii) the risk transmission linkages between commodity sectors are mostly positive. As a result, all commodity markets counterparts (farmers, investors, policymakers, governments) should not ignore pandemic uncertainties, as well that shocks in the other commodities sectors can control the booms and bursts of the energy sector. Finally, commodity markets seem to attract more speculators than hedgers. To the best of author(s) knowledge this is the first research paper that examines formally potential difference in the pattern of the tail risk dependence of the 5 US commodity sectors with respect to COVID’s existence and defines new connectedness measures for the detection of the tailrisk net transmitters and receivers of the US commodity sectors’ network.","PeriodicalId":344009,"journal":{"name":"INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121993888","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}

引用次数: 0

THE IMPACT OF COVID– 19 PANDEMIC ON APPAREL EXPORTS: EVIDENCE FROM SRI LANKA covid - 19大流行对服装出口的影响:来自斯里兰卡的证据

INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS Pub Date : 1900-01-01 DOI: 10.47509/ijaeb.2023.v05i01.10

Kanchana Adikari, P. Dunusinghe

{"title":"THE IMPACT OF COVID– 19 PANDEMIC ON APPAREL EXPORTS: EVIDENCE FROM SRI LANKA","authors":"Kanchana Adikari, P. Dunusinghe","doi":"10.47509/ijaeb.2023.v05i01.10","DOIUrl":"https://doi.org/10.47509/ijaeb.2023.v05i01.10","url":null,"abstract":"The apparel sector plays a vital role in the Sri Lankan economy as the largest net foreign exchange earner, and employment generator. During the COVID-19 pandemic, the industry’s production and exporting activities came under severe stress due to supply and demand shocks. This research aims at assessing the impact of COVID-19 on apparel exports by employing a standard Gravity equation framework on data related to 20 major destinations of Sri Lanka’s apparel exports. Data was extracted from a number of national and international data sources such as the Department of Census and Statistics of Sri Lanka and World Integrated Trade Solution. The findings indicated the triple effects of COVID-19 pandemic on apparel exports. First, the overall impact of the pandemic on the apparel industry was substantial. Second, the severity of the pandemic in the destination country had a significantly negative impact on apparel exports. However, the severity of the pandemic in Sri Lanka had no impact indicating the industry was resilient to the pandemic. In other words, the demand-side impact was greater than the supply side impact. Finally, in terms of apparel product categories women apparel exports declined drastically compared to other apparel and textile exports. With respect to other standard variables in the gravity model, partner country market size and level of development, movement in real exchange rate, economic performance of the exporting country and trade openness influence significant to apparel exports in Sri Lanka, was taken into account.","PeriodicalId":344009,"journal":{"name":"INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116291615","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}

引用次数: 0

FACTORS DETERMINING BALANCE OF TRADE IN INDIA 决定印度贸易平衡的因素

INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS Pub Date : 1900-01-01 DOI: 10.47509/ijaeb.2023.v05i01.04

Yusra Anees

引用次数: 0

REDESIGNING CROP INSURANCE FOR COPING WITH CLIMATE CHANGE IN INDIA 重新设计农作物保险以应对印度的气候变化

INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS Pub Date : 1900-01-01 DOI: 10.47509/ijaeb.2023.v05i01.06

M. Swain

{"title":"REDESIGNING CROP INSURANCE FOR COPING WITH CLIMATE CHANGE IN INDIA","authors":"M. Swain","doi":"10.47509/ijaeb.2023.v05i01.06","DOIUrl":"https://doi.org/10.47509/ijaeb.2023.v05i01.06","url":null,"abstract":"India being located in the low latitude region of the globe is extremely vulnerable to climate change due to its tropical climate, monsoon-based rainfall, long coast line, high dependence on agriculture and preponderance of small holders. Manifestations of climate change in India are steady increase in temperature, rise in rainfall variability, water stress, inundation of coastal areas, and increase in frequency and intensity of weather extremes such as drought, flood, cyclone and storm surge. This has enhanced agricultural risk and endangers rural livelihood and food security. Insurance is an ex-ante adaptation measure and a risk transfer mechanism. In the context of climate change, the vulnerable rural community needs more of insurance at lower premium, whereas the insurance company has a tendency to increase premium and limit insurance for its financial viability. This paper analyses the efficacy of major crop insurance schemes implemented in India in addressing the enhanced agricultural risk. The paper concludes that crop insurance product needs to be designed in such a manner that it not only acts as a risk transfer tool but also a potent device to reduce risk and crop loss by inducing desirable proactive and reactive responses in insurance users.","PeriodicalId":344009,"journal":{"name":"INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130517483","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}

引用次数: 0

RELATIONSHIP BETWEEN LIQUIDITY, PROFITABILITY, FINANCIAL LEVERAGE AND DIVIDEND POLICY: WITH SPECIAL REFERENCE TO AUTOMOBILE SECTOR IN INDIA 流动性、盈利能力、财务杠杆与股利政策的关系:以印度汽车行业为例

INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS Pub Date : 1900-01-01 DOI: 10.47509/ijaeb.2022.v04i02.05

Sachita Yadav

{"title":"RELATIONSHIP BETWEEN LIQUIDITY, PROFITABILITY, FINANCIAL LEVERAGE AND DIVIDEND POLICY: WITH SPECIAL REFERENCE TO AUTOMOBILE SECTOR IN INDIA","authors":"Sachita Yadav","doi":"10.47509/ijaeb.2022.v04i02.05","DOIUrl":"https://doi.org/10.47509/ijaeb.2022.v04i02.05","url":null,"abstract":"This research is going to investigate the relationship between financial ratios and dividend policy of the automotive companies in India during the period 2010 to 2021. The Correlation, Regression, and Granger Causality Test has been used to identified the relationship between the dividend policy, liquidity, profitability and financial leverage of the Automotive Sector in India. The result of the empirical analysis showed that company like Maruti Suzuki has a high and stable dividend policy among all other automotive companies the current ratio and debt equity ratio are significantly negatively correlated with dividend pay-out ratio. M&M shown a positive and significant relationship between dividend pay-out ratio, return on assets and return on equity. This indicated that these companies pay more dividend in case of more earnings. The result of the study has drawn a conclusion that dividend policy is a discrete decision of the management of the company. Few companies are considering factors like liquidity, leverage, return on assets and return on equity while deciding the dividend policy and some companies are considering stable dividend policy irrespective of the other mentioned factors","PeriodicalId":344009,"journal":{"name":"INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS","volume":"252 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122721925","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}

引用次数: 0

INTERNATIONAL TRADE, CONSUMER PROTECTION AND PUBLIC HEALTH IN NIGERIA: AN EMPIRICAL ANALYSIS 尼日利亚的国际贸易、消费者保护和公共卫生:实证分析

INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS Pub Date : 1900-01-01 DOI: 10.47509/ijaeb.2022.v04i02.04

Hassan O. Ozekhome, Adewole James Adesokan

{"title":"INTERNATIONAL TRADE, CONSUMER PROTECTION AND PUBLIC HEALTH IN NIGERIA: AN EMPIRICAL ANALYSIS","authors":"Hassan O. Ozekhome, Adewole James Adesokan","doi":"10.47509/ijaeb.2022.v04i02.04","DOIUrl":"https://doi.org/10.47509/ijaeb.2022.v04i02.04","url":null,"abstract":"The paper empirically examines the nexus between foreign trade, consumer protection and public health in Nigeria, using annual time series data from 1981 to 2021. Cointegration and dynamic error correction modelling techniques were utilized in the analysis. The empirical findings show that foreign trade policy has a positive and significant effect on public health in Nigeria. Consumer protection (proxied by consumer protection dummy) and per capita income are both positively related to public health, although the effects are weak, attributable to the low level of consumer protection and awareness, in addition to the low level of per capital income that fuels income and wealth disparity, with the effect of reducing health outcomes in Nigeria. Public expenditure on health and inflation rate (proxy for macroeconomic policy environment) are negatively and significantly related to public health outcomes in Nigeria. Based on these findings, it is recommended that appropriate consumer protection awareness on public health concerns through greater level of public campaigns on the dangerous effects of imported fake, substandard and illicit goods that are inimical to public health be aggressively launched. Increase government expenditure on health institutions, as well as judicious and efficient deployment of public and private resources to the health sector is also important to enhancing health outcomes in Nigeria. A strong institutional and regulatory environment to curtail illicit and nefarious importation of fake and substandard goods, particularly pharmaceuticals and food into the country is important, in addition to a sound and stable macroeconomic environment that is capable of promoting the public health status of the citizenry in Nigeria.","PeriodicalId":344009,"journal":{"name":"INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125515958","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}

引用次数: 0

REINVEST THE RELATIONSHIP BETWEEN EXPORTS AND ECONOMIC GROWTH IN AFRICAN COUNTRIES: NEW INSIGHTS FROM INNOVATIVE ECONOMETRIC METHODS 非洲国家出口与经济增长关系的再投资:来自创新计量经济学方法的新见解

INDIAN JOURNAL OF APPLIED ECONOMICS AND BUSINESS Pub Date : 1900-01-01 DOI: 10.47509/ijaeb.2022.v04i02.07

Sayef Bakari

引用次数: 3