{"title":"Factors Affecting the Sustainable Development of Commercial Banks in Vietnam","authors":"","doi":"10.35716/ijed-23052","DOIUrl":"https://doi.org/10.35716/ijed-23052","url":null,"abstract":"This study aimed to investigate key factors influencing the long-term development of commercial banks using a survey of 450 bank managers and structural equation modelling (SEM). The results revealed five aspects influencing sustainable development: Economic, social, environmental, sustainable goods, and digital banking. Based on the research findings, the author advocated for a national environmental and social policy framework that required corporate organizations to establish environmental and social risk management policies based on a national policy framework for sustainability. Risk management strategies and methods should be implemented in internal operations and risk management in lending to consumers and business partners. Finally, boosting economic soundness, efficiency, and sustainability through growing own capital capacity, asset quality, effective management, and non-credit income. Keywords: Bank, commercial, development, policy, sustainable JEL Codes: A13, P34, Q01.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69928195","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":"Telecom and Economic Growth Nexus in Indian States: Empirical Investigation Using Pooled Mean Group","authors":"","doi":"10.35716/ijed-22142","DOIUrl":"https://doi.org/10.35716/ijed-22142","url":null,"abstract":"The paper examined the linear and non-linear relationship between telecom infrastructures and economic growth using data on Indian states from 1991-2017. The results from Pooled Mean Group show that the linear impact was positive. The non-linear effect was positive in the short and the long run, thus favouring network externalities claiming that telecommunication infrastructure was subject to increasing returns. In addition, segregated analysis arrived at exceptional results; absence of linear and non-linear relationship for the low-income states in the short run while the same exists for high penetration states; the long run results were positive and significant for both sets of states, magnitude was more for low penetration states. The positive non-linear returns can be interpreted along the financial inclusion element like JAM trinity, LPG subsidies, etc. Mobile telephony in the low-penetration states must be pushed to remove inroads in growth and help to garner a larger private investment and public welfare. Keywords: Dynamic estimation, gross domestic product, network externalities, teledensity. JEL Codes: C23, L96,O40, O50.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926083","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":"Estimation of Cost and Returns of Onion Cultivation in Haryana","authors":"","doi":"10.35716/ijed-22280","DOIUrl":"https://doi.org/10.35716/ijed-22280","url":null,"abstract":"The present study adopted purposive sampling to sample 200 respondents from the Mewat and Ambala districts of Haryana during 2019-20 to estimate the cost and returns in the cultivation of onions in Haryana. The data were analysed using average, percentage, t-test, and ANOVA. The study revealed that the working capital, average variable cost and total cost, gross return and net return were highest in the case of large-sized, followed by medium and small farmers in both districts. Large-sized farmers recorded the highest benefit-cost ratio. Further, a reverse pattern was observed in the cost of production of onion; that is, the highest cost of production was observed in the case of the small farmers, followed by medium and large farmers. The study suggested that small farmers should avail the latest technology through cooperatives or through custom hiring, which will reduce the cost and bring more returns.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926221","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":"Remittances and Dutch Disease in India: An Empirical Investigation using ARDL","authors":"","doi":"10.35716/ijed-23022","DOIUrl":"https://doi.org/10.35716/ijed-23022","url":null,"abstract":"Workers' remittances are an essential source of capital flows. Some authors considered workers' remittances to be the least volatile flow of capital. Therefore, it becomes all-important to evaluate the impact of workers' remittances and other economic variables on the Real Effective Exchange Rate of Indian currency using annual time series data from 1981 to 2018. Using the Autoregressive Distributed Lag bounds test, our results confirmed the long-run association of variables under study. Empirical findings suggested that remittance inflows appreciate the REER in both the long and short run. Using ARDL estimation, our results found evidence of Dutch disease in the Indian economy induced by inflows of workers' remittances. Regarding other control variables, the only determinant of REER was Terms of Trade, which depreciated the REER in the long and short run. In contrast, other variables only depreciated in the long run. We conducted the Error Correction Model test, revealing that REER converged to the long-run equilibrium path to 40 per cent of the time in successive periods. Also, our results recommend that the inflows of remittances should be formally channelized to some productive channels to reduce the consumption of non-traded goods. Keywords: ARDL, Dutch disease, error correction model, real effective exchange rate, workers' remittances. JEL Codes: C01, F24, F31","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69928125","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":"Validation of Growth Rate Estimate Using Spline Regression Technique for Green Gram Production in Odisha","authors":"","doi":"10.35716/ijed-23114","DOIUrl":"https://doi.org/10.35716/ijed-23114","url":null,"abstract":"The varying pattern of agriculture data in different phases over a long period could be thought of capturing effectively by the spline regression technique. The present study focuses on using spline regression in estimating the growth rate of production of green gram for Odisha. This technique requires the segmentation of the entire study period into distinct periods by inserting knots at suitable intervals. It ensures the same pattern of variation in a particular segment and an abrupt change in the pattern of variation in the next segment. The spline regression approach was compared to the conventional regression technique based on specific statistical criteria to confirm its performance. To estimate the growth rate of green gram in Odisha, spline regression models outperformed conventional regression models, which is why they were chosen for the first and last segments of the study period for area, yield, and output. Keywords: Continuity, growth rate, knot, segment, spline regression. JEL Codes: B23, C32, G21.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69928229","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":"Estimation of Elasticities of Milk Production in the Eastern Region of India: A Normalized Profit Function Approach","authors":"","doi":"10.35716/ijed-22416","DOIUrl":"https://doi.org/10.35716/ijed-22416","url":null,"abstract":"The study employed a normalized translog profit function approach to estimate the output supply and factor demand elasticities of milk production in the eastern region of India. The profit maximization hypothesis was rejected, and thus, the farmers in the region must be motivated to take up dairy farming on scientific lines to maximize their profits. Most of the cross-price elasticities of input demand were negative, revealing that the inputs were complements of each other. The elasticities revealed that when the milk price changes, the milk supply increase was lesser than the demand for inputs. The large negative elasticity of the labour wage rate urges dairy farmers to move towards mechanization and use IT techniques in dairy farming. Keywords: Elasticity, milk, normalized profit function, seemingly unrelated regression equations, translog. JEL Codes: A11, C01, C02, C39, Q21.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926677","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":"Effects of the EAEU's Agricultural Policy on the Organic Farming Market of Kazakhstan","authors":"","doi":"10.35716/ijed/22295","DOIUrl":"https://doi.org/10.35716/ijed/22295","url":null,"abstract":"This study aimed to determine the barriers to the development of organic farming in Kazakhstan; to define the priorities of a common Eurasian Economic Union (EAEU) agricultural policy for pursuing mutual interests. Surveys of 40 experts indicate that a common agricultural policy in the EAEU would mean broader markets and lower the cost of organic production, and would help Kazakhstan improve its standing in global exports. The study shows that the primary barriers to organic farming are the costs and bureaucracy associated with certification, weak domestic demand, lack of government support in the organic market, etc.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926028","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":"Effect of Water Management and Development in Rainfed Agriculture: A Socio-economic Impact Analysis","authors":"","doi":"10.35716/ijed-22502","DOIUrl":"https://doi.org/10.35716/ijed-22502","url":null,"abstract":"The study attempted to determine the effects of soil and water conservation measures on the socio-economic status of the people in rain-fed agriculture. The findings showed that the socio-economic development index of the beneficiaries and non-beneficiaries of the Khuntapingu watershed were 0.623 and 0.426, respectively. The socio-economic development index of the beneficiaries and non-beneficiaries of the Haripur watershed were 0.404 and 0.263 respectively. The results showed the difference in the impact of the adoption of soil water conservation measures; in two different agro-climatic regions within a district, such that the impact of the Khuntapingu watershed was comparatively better than Haripur watershed. The impact of the treatment of the watersheds differs in two agro-climatic zones. It was mainly due to the difference in land topography and the difference in baseline socio-economic conditions of the people across the watersheds. So, in order to achieve good results from the treatment of the watersheds in two agro-climatic conditions, the effort and approach of the implementing agency on two different agro-climatic zones will be different as per the location. Better convergence of government schemes with empowerment for the demand-driven approach of the community institutions through the adoption and adaptation of technology of soil and conservation will have a better impact on the community. Keywords: Rain-fed agriculture, socio-economic development index, water management. JEL Codes: O13, Q15, Q25.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926821","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":"Market Integration and Price Transmission: A Case Study of Sugar Markets in India","authors":"","doi":"10.35716/ijed-22454","DOIUrl":"https://doi.org/10.35716/ijed-22454","url":null,"abstract":"The current study analyzed the transmission and spatial integration of sugar prices in different markets (Nagpur, Agra, Bengaluru, Chennai, and Rajkot) from July 2010 to June 2020. The Cuddy Della-Valle index indicated that prices in all the selected markets were relatively stable, and the seasonality index revealed that farmers were receiving prices higher than the average in the majority of markets during this period. Johansen’s cointegration test demonstrated that markets were well integrated in the long run. Bengaluru market was found as a key market, and there was a consistent price transmission pathway from the Bengaluru market to Nagpur and subsequently to Agra. Therefore, the study suggested that a more integrated market enabled better allocation of resources and increases overall efficiency in the agricultural sector. Keywords: Co-integration, Granger causality, instability, variance decomposition. JEL Codes: C22, C32, Q13, Q19.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":null,"pages":null},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926738","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":"Influence of Direct Productive Expenditure and Inflation on Economic Growth in India","authors":"","doi":"10.35716/ijed-23039","DOIUrl":"https://doi.org/10.35716/ijed-23039","url":null,"abstract":"The present study explored the relationship between gross capital formation and economic growth in India from 1991 to 2020. The results revealed a positive relationship between gross capital formation and economic growth in India. The study also found the positive impact of gross domestic savings and government expenditure on economic growth. The study further revealed a negative relationship between the consumer price index and economic growth. Based on empirical results, the study suggested that the government should raise the level of capital formation to achieve tremendous economic growth. Further, there is a need to create an environment conducive to saving and investments within the economy, which will eventually support long-term economic growth. Keywords: Autoregressive distributed lag, capital formation, GDP, gross capital formation. JEL Codes: E00, E20, 040.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136259210","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}