{"title":"The effect of governance on capital flows in Sub-Saharan African countries","authors":"Abieyuwa Ohonba, Gbenga Wilfred Akinola","doi":"10.24294/jipd.v7i3.2122","DOIUrl":"https://doi.org/10.24294/jipd.v7i3.2122","url":null,"abstract":"This paper examines the effect of governance in Sub-Saharan African (SSA) countries. Specifically, this study investigates (i) the interacting impact of government efficiency, regulatory quality, and the rule of law alongside other socioeconomic variables to determine foreign capital inflow (FCI) based on each economic SSA bloc; and (ii) the characteristic drivers of FCI, impacting economic growth in the SSA countries. Descriptive statistics, static models, least square dummy variables (LSDVs) and the dynamic system general method of moment (GMM) were employed as the study’s estimating techniques. Based on the result of the LSDV, food security and the rule of law significantly impact FCI in the sub-economic blocs in the region. Only six countries across the four economic blocs responded to food security and the rule of law in the model. The dynamic system-GMM provided evidence of five socioeconomic variables and three governance variables contributing to FCI. The findings revealed (i) regulatory quality and the rule of law are governance variables that significantly impacted FCI; and (ii) food security failed to significantly impact FCI in the SSA region. However, inflation, life expectancy, the human capital index, exchange rate and gross domestic product (GDP) growth impacted FCI significantly. In the aggregate, inflation, regulatory quality, exchange rate and the human capital index exhibited positive relationships, while other variables such as life expectancy, government effectiveness and the rule of law appeared significant but inversely impacted FCI in the SSA region. The key policy implication recommendation from this study is that a good legal framework could moderate the flow of foreign capital in favour of growth as it creates a strong foundation for sustainable economic development in the region.","PeriodicalId":41907,"journal":{"name":"Journal of Infrastructure Policy and Development","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134909023","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":"Development of micromodels of traffic flows, taking into account environmental factors","authors":"Irina Makarova, Vadim Mavrin, Polina Buyvol","doi":"10.24294/jipd.v7i3.2191","DOIUrl":"https://doi.org/10.24294/jipd.v7i3.2191","url":null,"abstract":"The article considers an actual problem of organizing a safe and sustainable urban transport system. We have examined the existing positive global experience in both infrastructural and managerial decisions. Then to assess possible solutions at the stage of infrastructure design, we have developed the simulation micromodels of transport network sections of the medium-sized city (Naberezhnye Chelny) with a rectangular building type. The models make it possible to determine the optimal parameters of the traffic flow, under which pollutant emissions from cars would not lead to high concentrations of pollutants. Also, the model allows to obtain the calculated values of the volume of emissions of pollutants and the parameters of the traffic flow (speed, time of passage of the section, etc.). On specific examples, the proposed method’s effectiveness is shown. Case studies of cities of different sizes and layouts are implementation examples and possible uses proposed by the models. This study has shown the rationality of the suggested solution at the stage of assessing infrastructure projects and choosing the best option for sustainable transport development. The proposed research method is universal and can be applied in any city.","PeriodicalId":41907,"journal":{"name":"Journal of Infrastructure Policy and Development","volume":"20 10","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135220593","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":"The effect of macroeconomic and environmental factors on innovation in EU member countries","authors":"Melina Dritsaki, Chaido Dritsaki, Eleni Tsianaka","doi":"10.24294/jipd.v7i3.2560","DOIUrl":"https://doi.org/10.24294/jipd.v7i3.2560","url":null,"abstract":"This paper examines the long-run relationship between innovation and macroeconomic and environmental factors in the EU during the period 1990–2020. In the paper, the patents are used as a proxy of the innovation index. The market openness, per capita GDP, foreign direct investment, and oil prices are used as proxies for macroeconomic factors whereas per capita energy consumption, per capita CO2 emissions, and renewable energy sources are proxies for environmental factors. For the analysis of this relationship, two-panel count data models are used, the Poisson regression model and negative binomial model as well as the ARDL cointegration technique and the Dumitrescu and Hurlin causality test. The results of the negative binomial model showed that trade openness, renewable energy sources, and CO2 emissions have a significant and negative relationship with innovation, while GDP, investment, energy consumption, and oil prices have a significant and positive relationship with innovation. Furthermore, the causality test of Dumitrescu and Hurlin showed the presence of an unidirectional causal relationship between per capita CO2 emissions and per capita energy consumption towards innovation.","PeriodicalId":41907,"journal":{"name":"Journal of Infrastructure Policy and Development","volume":"83 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135367525","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":"Role of digital leadership towards sustainable business performance: A parallel mediation model","authors":"Fahad Saddique, Beenish Ramzan, Shouvik Sanyal, Jebreel Alamari","doi":"10.24294/jipd.v7i3.2416","DOIUrl":"https://doi.org/10.24294/jipd.v7i3.2416","url":null,"abstract":"After the pandemic (COVID-19), there is a dire need to gain a competitive advantage for tourism organizations which can be accomplished by implementing new technologies to facilitate sustainable healthier services. Given that, the study aims to shed light on the importance of digital leadership to improve sustainable business performance considering the parallel mediation of digital technology and digital technology support in the tourism sector of Pakistan. The sample population consists of technology-based tourism organizations in Pakistan. Cochran’s formula was chosen for sampling, in which 37 organizations with 792 employees were selected for data through a random sampling technique. The collected data were analyzed through structural equation modeling, and findings reveal that digital leadership positively influences sustainable business performance. Furthermore, the mediating role of technological leadership support and digital technologies partially mediates the association between digital leadership and sustainable performance.","PeriodicalId":41907,"journal":{"name":"Journal of Infrastructure Policy and Development","volume":"15 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135405041","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":"The impact of intellectual capital efficiency on value creation in video game industry—An evidence from Taiwan","authors":"Hsing-Hua Hsiung, Chia-Yen Lin, Guan-Yu Zhu","doi":"10.24294/jipd.v7i3.2340","DOIUrl":"https://doi.org/10.24294/jipd.v7i3.2340","url":null,"abstract":"In light of the metaverse’s vast expansion, it’s a crucial intellectual platform that’s transforming the video game industry and spurring creative innovation and technological advancement. Considering the distinctive niche that Taiwan occupies within the realm of the video game industry, this study uses a total of 11 video game companies in Taiwan as samples. The study spans a period of 16 years, from 2007 to 2022, and utilizes the random effect regression model for analysis. The study results illustrate that intellectual capital efficiency exerts varying contributions to the creation of value across different corporate value indicators within the video game industry. Among the factors, HCE, SCE, and CEE demonstrate the highest explanatory power for ROE, reaching up to 82.23%. Following this, they account for 73.57% of the variance in market share, but only a meager 13.67% for Tobin’s Q. This study is the empirical evidence that different methods of measuring intellectual capital and various definitions of value creation in an industry may lead to divergent results and managerial implications in intellectual capital research. Hence, it is worthwhile for subsequent studies to continue clarifying and delving deeper into these aspects.","PeriodicalId":41907,"journal":{"name":"Journal of Infrastructure Policy and Development","volume":"5 8","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135406069","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":"Assessing the role of institutional reform in enhancing Balkan sustainable competitiveness: An Entropy-MARCOS perspective","authors":"Anđelka Štilić, Adis Puška, Darko Božanić, Duško Tešić","doi":"10.24294/jipd.v7i3.2167","DOIUrl":"https://doi.org/10.24294/jipd.v7i3.2167","url":null,"abstract":"This research paper aims to assess the sustainable competitiveness of Balkan countries. Sustainable competitiveness was measured based on the indicators in The Sustainable Competitiveness Report from 2022, published by Solability. According to this report, sustainable competitiveness is evaluated using six grouped criteria. In this paper, the competitiveness of the Balkan countries was assessed through the application of the multicriteria analysis methods Entropy and MARCOS (Measurement Alternatives and Ranking according to the Compromise Solution). The weight of each criterion was determined using the Entropy method. The results highlighted that the most significant criteria were Natural Capital and Resource Efficiency & Intensity, which carried the highest weight, whereas the Social Cohesion criterion was of lesser importance, represented by the lowest weight. Using the MARCOS method, the Balkan countries were ranked, with Greece securing the top position, closely followed by Albania, while North Macedonia exhibited the weakest performance. Sensitivity analysis further substantiated these findings. The outcomes of this study significantly contribute to the academic understanding of sustainable competitiveness and provide valuable practical insights for policymakers and stakeholders interested in advancing sustainable development efforts in the Balkan region.","PeriodicalId":41907,"journal":{"name":"Journal of Infrastructure Policy and Development","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135667054","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":"Understanding the risks associated with wallets, depository services, trading, lending, and borrowing in the crypto space","authors":"Alexey Mikhaylov","doi":"10.24294/jipd.v7i3.2223","DOIUrl":"https://doi.org/10.24294/jipd.v7i3.2223","url":null,"abstract":"The crypto space offers numerous opportunities for users to grow their wealth through trading, lending, and borrowing activities. However, these opportunities come with inherent risks that need to be carefully managed to protect your assets and maximize returns. By understanding the risks associated with wallets and depository services, trading, lending, and borrowing, users can make informed decisions and enjoy the benefits of the rapidly evolving world of cryptocurrencies. This review paper analyses 43 papers for the period of 2019–2023 and proposes recommendations for policy makers. The results confirm that international regulators expect national authorities to implement a regulatory framework for digital assets comparable to those that already exist for traditional finance. For national authorities, this means having and using the powers, tools and resources to regulate and oversee a growing market. Authorities should cooperate and coordinate with each other, at the national and international levels, to encourage consistency and knowledge sharing. Market operators (exchanges), service providers, exchanges and wallets, create effective risk management structures, as well as reliable mechanisms for collecting, storing, protecting and reporting data.","PeriodicalId":41907,"journal":{"name":"Journal of Infrastructure Policy and Development","volume":"87 10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135823844","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":"Developing a model of work duration under the influence of risk events in the implementation of life cycle contracts for large energy construction projects","authors":"Valery Bezpalov, Liudmila Goncharenko, Dmitry Fedyunin, Sergey Lochan, Svetlana Avtonomova","doi":"10.24294/jipd.v7i3.1946","DOIUrl":"https://doi.org/10.24294/jipd.v7i3.1946","url":null,"abstract":"Projects implemented under life cycle contracts have become increasingly common in recent years to ensure the quality of construction and maintenance of energy infrastructure facilities. A key parameter for energy facility construction projects implemented under life cycle contracts is their duration and deadlines. Therefore, the systematic identification, monitoring, and comprehensive assessment of risks affecting the timing of work on the design and construction is an urgent practical task. The purpose of this work is to study the strength of the influence of various risks on the duration of a project implemented on the terms of a life cycle contract. The use of the expert assessment method allows for identifying the most likely risks for the design and construction phases, as well as determining the ranges of deviations from the baseline indicator. Using the obtained expert evaluations, a model reflecting the range and the most probable duration of the design and construction works under the influence of risk events was built by the Monte-Carlo statistical method. The results obtained allow monitoring and promptly detecting deviations in the actual duration of work from the basic deadlines set in the life cycle contract. This will give an opportunity to accurately respond to emerging risks and build a mutually beneficial relationship between the parties to life cycle contracts.","PeriodicalId":41907,"journal":{"name":"Journal of Infrastructure Policy and Development","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135885140","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}
Leilei Jiang, Walton Wider, Jem Cloyd M. Tanucan, Jonna Karla C. Bien
{"title":"Reforming China’s healthcare management in the wake of COVID-19: A psychological well-being perspective","authors":"Leilei Jiang, Walton Wider, Jem Cloyd M. Tanucan, Jonna Karla C. Bien","doi":"10.24294/jipd.v7i3.2680","DOIUrl":"https://doi.org/10.24294/jipd.v7i3.2680","url":null,"abstract":"The COVID-19 pandemic has led to a reevaluation of global health capabilities, highlighting the importance of prioritizing the welfare of frontline healthcare workers. These individuals encountered difficult circumstances on a global scale, including longer work hours, heightened risk of virus exposure, and substantial strain on their mental and physical well-being. Healthcare professionals in China faced similar challenges. This article discusses systemic issues that have been exacerbated by the pandemic and argues for a sustained emphasis on the well-being of healthcare workers, rather than solely addressing it as a crisis response. Given the increasing likelihood of future global pandemics, it is crucial to emphasize the establishment of a durable support system that can enhance resilience and crisis management capabilities. This study examines the systemic challenges of the Chinese healthcare system, with a particular focus on the difficulties encountered during the pandemic. We advocate for a paradigm shift that acknowledges healthcare workers as essential stakeholders within healthcare systems. The objective is to encourage a worldwide conversation for implementing initiatives that transcend national boundaries, with the goal of consistently incorporating a culture of compassion and assistance into healthcare systems. We propose the implementation of a comprehensive support system that encompasses all facets of healthcare, going beyond the mere management of crises. Our vision is for health systems to prioritize the well-being of healthcare workers and the communities they serve, with a focus on resilience.","PeriodicalId":41907,"journal":{"name":"Journal of Infrastructure Policy and Development","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135885015","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}
H. I. Tillekaratne, P. Wickramagamage, Induka Werellagama, Upaka Rathnayake, Chandana Siriwardana, Asela Bandara, C. M. Madduma-Bandara, T. W. M. T. W. Bandara, Amila Abeynayaka
{"title":"Situation report (SITREP) visualization for effective management of disaster incidents in Sri Lanka","authors":"H. I. Tillekaratne, P. Wickramagamage, Induka Werellagama, Upaka Rathnayake, Chandana Siriwardana, Asela Bandara, C. M. Madduma-Bandara, T. W. M. T. W. Bandara, Amila Abeynayaka","doi":"10.24294/jipd.v7i3.2206","DOIUrl":"https://doi.org/10.24294/jipd.v7i3.2206","url":null,"abstract":"During and after any disaster, a situation report (SITREP) is prepared, based on the Daily Incident Updates (DIU), as an initial decision support information base. It is observed that the decision support system and best practices are not optimized through the available formal reporting on disaster incidents. The rapidly evolving situation, misunderstood terms, inaccurate data and delivery delays of DIU are challenges to the daily SITREP. Multiple stakeholders stipulated with different tasks should be properly understood for the SITREP to initiate relevant response tasks. To fill this research gap, this paper identifies the weaknesses of the current practice and discusses the upgrading of the incident-reporting process using a freely available software tool, enabling further visualization, and producing a comprehensive timely output to share among the stakeholders. In this case, “Power-BI” (a data visualization software) is used as a 360-degree view of useful metrics—in a single place, with real-time updates while being available on all devices for operational decision-making. When a dataset is transformed into several analytical reports and dashboards, it can be easily shared with the target users and action groups. This article analyzed two sources of data, namely the Disaster Management Center (DMC) and the National Disaster Relief Service Center (NDRSC) of Sri Lanka. Senior managers of disaster emergencies were interviewed and explored social media to develop a scheme of best practices for disaster reporting, starting from just before the occurrence, and following the unfolding sequence of the disasters. Using a variety of remotely acquired imageries, rapid mapping, grading, and delineating impacts of natural disasters, were made available to concerned users.","PeriodicalId":41907,"journal":{"name":"Journal of Infrastructure Policy and Development","volume":"68 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135884540","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}