{"title":"Financial Inclusion among Agricultural Households in Uttarakhand","authors":"","doi":"10.35716/ijed-23007","DOIUrl":"https://doi.org/10.35716/ijed-23007","url":null,"abstract":"The present study has examined the extent of financial inclusion and constraints faced by agricultural households in Uttarakhand. The primary data were collected from 60 agricultural households through the personal interview method, supplemented by secondary data to accomplish the objective. The study found that all sample households were financially included in having a bank account. Despite having access to institutional credit, about 22 per cent of sample households also depended on non-institutional sources. Insurance coverage was found to be limited to 55 per cent of households. The usage of modern financial services like Internet banking, mobile banking, and UPI was very low. Major constraints faced by households under study were low income followed by lack of awareness, a requirement of collateral, claim settlement difficulties, irrelevant financial products, and long processing time for loans. Imparting financial education at the school level, organizing financial literacy camps at the village level, promoting insurance products and adopting a targeted approach will encourage the use of financial services among agricultural households.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":"2672 1","pages":""},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926976","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":"Evaluating the Performance, Export Competitiveness and Direction of Trade of Indian Banana in the International Market","authors":"","doi":"10.35716/ijed-23196","DOIUrl":"https://doi.org/10.35716/ijed-23196","url":null,"abstract":"ABSTRACT The study examined the changing pattern of international trade in bananas globally and in India at a macro level from 2000 to 2020. It analyzed the growth pattern, direction of trade, trade competitiveness, and market access issues like tariff and non-tariff barriers (NTBs) faced by exporters in major markets. The analysis revealed that the export of bananas from India increased from $8.10 thousand to $212 thousand from 2000 to 2020, with an annual growth of 21 per cent. Iran, UAE, Oman, and Saudi Arabia are the major destination markets for Indian bananas, wherein India exports more than 70 per cent of its banana export. Banana exports from India possess export competitiveness as the Nominal Protection Coefficient (NPC) was less than one (ranging between 0.28 to 0.70), and the domestic prices were lower than the international prices. Oman emerged as a stable market for banana imports from India in quantity and value terms. Iran and Nepal were the most important markets for Indian bananas but Kuwait and Saudi Arabia markets were unstable markets for Indian bananas. Among the major importing countries of Banana, Japan has imposed the highest number of notifications (164 Non-tariff Measures (NTMs)) on total imports of India since 1995. The USA imposed 119 NTMs, and the EU imposed 65 notifications. Still, it had imposed more TBT measures (35). Regarding Sanitary and Phytosanitary (SPS) measures, agricultural goods do not involve technological prowess but only consider consumer health and safety issues, which can be harmonized as it is good for trading partners. For Technical Barriers to Trade (TBT) measures driven mainly by technology, India must follow the same approach carefully. Future research should concentrate on the impact of NTMs in depth by considering all the stakeholders. Keywords: Banana export, competitiveness, Markov Chain Analysis, NPC. JEL Codes: C88, F13, Q17.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":"1 1","pages":""},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69928619","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 Chief Executive Officers on Earnings Management of Listed Companies in Vietnam","authors":"","doi":"10.35716/ijed/22338","DOIUrl":"https://doi.org/10.35716/ijed/22338","url":null,"abstract":"Profit is one of the indicators reflecting the growth in the operation of the business and is the fundamental goal in evaluating the manager's success. Thus, this study examines the impact of Chief Executive Officers (CEO) on the earnings management of companies listed on the Vietnam Stock Exchange. Using panel data of 485 listed companies in HOSE and HNX in the period 2016 - 2020, the results of multivariate regression according to the fixed effect model found that CEO expertise and founder are positively correlated with earnings management, and CEO age harms earnings management. However, there is insufficient evidence to prove that CEO gender impacts earnings management. In addition, the study also admits that net cash flow from operating activities, Financial Leverage is related to earnings management. This study's findings contribute to the existing literature regarding the scientific debates about CEOs' characteristics, earnings management, and discretionary accruals in an emerging economy. Finally, the author proposed that managers engaged in earnings management for personal gain by using their influence to interfere in applying policies for the earnings management of listed companies in Vietnam.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":"14 1","pages":""},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926069","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":"Direction and Determinants of Indian Seed Spices Export: A Case of Cumin","authors":"","doi":"10.35716/ijed-23005","DOIUrl":"https://doi.org/10.35716/ijed-23005","url":null,"abstract":"The study analyzed the dynamics of cumin export from 2004-05 to 2020-21 and factors influencing its exports from India during 1980-81 to 2020-21 by employing compound growth rate, instability, Markov chain analysis, and multiple regression analysis. The export of cumin from India registered higher growth than its production. The export of cumin was significantly increased with lag year production, the exchange rate, and total export from India. The study found export diversification towards Bangladesh and Vietnam emerged as the highly preferred market with lower instability in the above period. In contrast, exports to the USA, UAE, UK, and Nepal have narrowed. Nevertheless, these countries have assured markets because of the large number of South Asian families here; cumin is a vital ingredient in their food. Results suggest export-oriented production adhering to quality norms of high-value markets like the USA, UAE, Japan, Malaysia and UK. A noteworthy governmental stimulus is required to boost further cumin exports, enhancing the income of the farmers","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":"1 1","pages":""},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926462","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":"Energy Consumption and Economic Growth in India","authors":"Nagaraju Patha","doi":"10.35716/ijed-22542","DOIUrl":"https://doi.org/10.35716/ijed-22542","url":null,"abstract":"The study examined the dynamics and quantitative relationship between carbon emission, energy consumption, and economic growth in India using annual data from 1990 to 2019. First, to determine the extent and magnitude of the relationship between variables, this study used unit root tests (ADF & KPSS) where all variables were integrated of order one. Cointegration was confirmed through Johansen &Julesius test for Co-integration and Bounds test, and then Vector Error-Correction modelling was done. The finding of causality demonstrated that carbon emissions were related to economic growth in both the short and long run. Since the growth hypothesis, that is, Environmental Kuznet Curve (EKC), was correct, it can be suggested that India can certainly reduce pollution by accelerating its growth trajectory. This growth pattern should include energy-efficient techniques; hence, more investments in research and innovations are required to take benefit of the inverted U relation of growth with pollution. Keywords: Carbon emissions, cointegration, energy consumption, GDP, Granger causality, VECM. JEL Codes: C32, K32, 044","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":"1 1","pages":""},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926897","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":"Linking Economic Development to Socio-economic Well-Being in Malaysia","authors":"","doi":"10.35716/ijed-22360","DOIUrl":"https://doi.org/10.35716/ijed-22360","url":null,"abstract":"This study attempted to show that employment, education, health and income were essential means to reduce poverty incidence with the interference of economic development in Malaysia. Correlation and regression techniques were used to analyze time series data from 1989 to 2020 and panel data across states from 1980 to 2020 in Malaysia. The correlation analysis showed significant positive relationships between the first three means (employment, education and health) and income status. In the regression analysis, economic development, represented by gross domestic product (GDP), significantly reduced poverty incidence. All the findings implied that various economic development programs can help achieve sustainable socio-economic well-being in the country.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":"1 1","pages":""},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926230","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 Economic Insight into Pesticide Usage in Indian Agriculture and its Policy Implications","authors":"","doi":"10.35716/ijed-22365","DOIUrl":"https://doi.org/10.35716/ijed-22365","url":null,"abstract":"Among the agri-inputs, pesticide use will continue as an efficient crop protection measure. An appropriate pesticide choice, use, and disposal are crucial to moderating the hazard. The study analysed the pesticide use pattern and its effect on agri-export by highlighting the significant concerns that need attention to regulate the risk of pesticide use. The results indicated a rising trend in pesticide use, with a growth rate of 1.54 per cent per annum in the recent period. Due to the pesticide residues, European markets have the highest (12.80 per cent) export rejections. The existence of substandard and spurious pesticides, research on pesticide application behaviour and hazardous pesticide restriction is to be treated as critical in India to moderate the pesticide hazard. Keywords: Export rejections, pesticide restriction, pesticides use pattern, residual effect. JEL Codes: O13, Q12, Q18.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":"1 1","pages":""},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926240","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 Farm Mechanization on Productivity and Profitability of Wheat in Indo-Gangetic Plains of India","authors":"","doi":"10.35716/ijed-22562","DOIUrl":"https://doi.org/10.35716/ijed-22562","url":null,"abstract":"The paper examinedthe status of farm mechanization and its impact on the yield and profitability of wheat in the Indo-Gangetic plains of India. The tools of indexing technique, farm business analysis, and regression adjustment were used on plot level cost of cultivation data for the year 2016-17 to arrive at the objectives of the study. It was found that farm mechanization was high in the state of Punjab and Haryana and low in Bihar and UP. Further, mechanization was high on large farms in comparison to smaller farms. Mechanization had impacted the yield of wheat positively in the state of Haryana and Bihar and negatively in Punjab and UP. Thus, there is a need to step up efforts to enhance the pace of mechanization in low-mechanized states, particularly on smaller farms. Keywords: Farm mechanization, impact, mechanization index, productivity, profitability. JEL Codes: Q12, Q16, Q17, Q18","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":"1 1","pages":""},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926442","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":"Measuring Financial Health and Performance of the Oil and Natural Gas Companies in India","authors":"","doi":"10.35716/ijed-22475","DOIUrl":"https://doi.org/10.35716/ijed-22475","url":null,"abstract":"The study attempted to investigate the financial health and financial performance of the oil and natural gas companies in India. Financial health was measured using the Altman Z-score model, and financial performance was evaluated through the return on equity (ROE). Conclusions were drawn based on the data collected from five randomly selected oil and natural gas companies listed on India's leading stock exchanges. The findings highlighted financial health and performance distinctions between public and private sector companies, rooted in resource allocation and capacity utilisation variances. Nevertheless, the study established a robust and statistically significant positive correlation between financial health and performance. It was concluded that enhanced financial health corresponds to elevated financial performance and vice versa. Keywords: Financial analysis, listed companies, oil and natural gas sector. JEL Codes: G30, L25, M41.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135051962","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":"Export Resilience of Indian Leather Footwear: Post-COVID-19 Context","authors":"","doi":"10.35716/ijed-22372","DOIUrl":"https://doi.org/10.35716/ijed-22372","url":null,"abstract":"This study examined the factors influencing Indian leather footwear exports during the COVID-19 pandemic and prioritized the key challenges. By analyzing the literature of the crisis period (2019-2021) and consulting industry experts, the study identified and ranked challenges using the Analytic Hierarchy Process (AHP), a commonly used method for project prioritization. Microsoft Excel's built-in functions, including average, sum, MMULT, and GEOMEAN, were used to calculate criteria weights and determine their global priorities. The research revealed that the pandemic significantly impacted export revenue, supply chain disruptions, and export operations and incentives in the leather footwear industry. Based on the findings, the study recommended CLE extend existing promotional schemes, such as the Integrated Development of Leather Sector (under IFLDP), to mitigate the pandemic's disruption on Indian leather footwear exports.","PeriodicalId":43367,"journal":{"name":"Indian Journal of Economics and Development","volume":"1 1","pages":""},"PeriodicalIF":0.2,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69926429","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}