Arunava Bandyopadhyay, Soumen Rej, Mohidul Alam Mallick, Mantu Kumar Mahalik, Sunil Kumar, M. Vijayabaskar
{"title":"Analyzing the impact of terrorism on tourism in Sri Lanka","authors":"Arunava Bandyopadhyay, Soumen Rej, Mohidul Alam Mallick, Mantu Kumar Mahalik, Sunil Kumar, M. Vijayabaskar","doi":"10.1002/pa.2920","DOIUrl":"https://doi.org/10.1002/pa.2920","url":null,"abstract":"<p>While terrorism brings fear and chaos, tourism is the epitome of peace and happiness. Sri Lanka has always attracted international tourists due to tropical climate and beautiful tourist destinations. However, terrorism and the recent debt crisis have led to chaos and economic failure; in this study, the impact of terrorism, external debt, and military expenditure on international tourism in Sri Lanka have been empirically studied to unravel the dynamics. Dynamic ARDL simulation and cumulative fourier frequency causality results highlight the presence of an inverted N-shaped association between terrorism and tourism, as well as external debt and tourism. The phenomenal results from this analysis provide essential policy suggestions for Sri Lanka for economic recovery through the promotion of international tourism.</p>","PeriodicalId":47153,"journal":{"name":"Journal of Public Affairs","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140914779","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 trade and investment on income surge in Bangladesh: Evidence from trade liberalization regime","authors":"Biswajit Maitra, Tafajul Hossain, Moutushi Chakraborty, Dhritiman Ganguli","doi":"10.1002/pa.2922","DOIUrl":"https://doi.org/10.1002/pa.2922","url":null,"abstract":"<p>Trade and investment are crucial drivers of economic growth. Successful execution of trade and investment policy can elevate a developing country to a sustained growth path and make it self-reliant. Bangladesh implemented a trade liberalization policy in the 1980s, deviating much from its conservative trade policy. This article assesses the impacts of trade, investment in physical as well as human capital, and a few trade policy variables on income surge for the liberalized regime. The econometric analysis finds that export, import, and domestic investment stimulate income. The impact of foreign investment is not conducive. Public spending on education also contributes to the income surge. Among the policy variables, trade openness and currency depreciation produce a beneficial impact. Population growth retards economic growth. The baseline results hold in the estimations involving several specifications of variables and testified as robust. The article views that a comprehensive approach to trade and investment policy would ensure the comparative advantage of trade and the well-being of Bangladesh.</p>","PeriodicalId":47153,"journal":{"name":"Journal of Public Affairs","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140902745","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":"Politically connected independent supervisory boards and corporate performance during COVID-19: Evidence from Indonesia","authors":"Laurensia Vina Dharmawan, Joni Joni, Surya Setyawan","doi":"10.1002/pa.2921","DOIUrl":"https://doi.org/10.1002/pa.2921","url":null,"abstract":"<p>This study aims to examine the relationship between the political connections of companies' independent supervisory boards (PC-ISB) to these firms' performance during the COVID-19 pandemic in Indonesia. This study used 1515 observations of companies listed on the Indonesian Stock Exchange (IDX) for the years 2018–2021. The test was carried out using moderated regression analysis. Additional tests were also conducted, such as market performance tests and endogeneity tests using the System Generalized Method of Moments (the System GMM) and the difference-in-difference (DID) regression analysis. Results confirm that PC-ISB has a significant positive effect on company performance. Then, during the COVID-19 pandemic, the company's performance got worse. However, we did not find that pandemic conditions moderated the relationship between PC-ISB and company performance. Our results remained consistent after testing using the System GMM and the DID to address the issue of endogeneity.</p>","PeriodicalId":47153,"journal":{"name":"Journal of Public Affairs","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140881154","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":"Wage inequality across regions in India: Exploring the role of education and skills","authors":"Parambengal Azad, K. S. Hari","doi":"10.1002/pa.2919","DOIUrl":"https://doi.org/10.1002/pa.2919","url":null,"abstract":"<p>This study explores regional differences in wage inequality in India and examine various contributory factors for increasing disparities in wages across different regions in India. Using data from the India Human Development Survey (IHDS) 2011–12 and employing RIF regression methodology, the study investigates the influence of the level of education, experience, English and computer skills, gender, age, religion, and other background characteristics on wage inequality. The findings reveal that higher education levels, experience, English, and computer skills significantly contribute to wage disparities across regions. The study highlights the importance of addressing these factors to promote greater equity and inclusivity in the labor market.</p>","PeriodicalId":47153,"journal":{"name":"Journal of Public Affairs","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140643432","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}
Artur Strzelecki, Agata Austen, Monika Klimontowicz, Magdalena Jaciow, Robert Wolny
{"title":"How can “Katowice as European City of Science” change Silesia region: Recognising perspectives of private companies","authors":"Artur Strzelecki, Agata Austen, Monika Klimontowicz, Magdalena Jaciow, Robert Wolny","doi":"10.1002/pa.2918","DOIUrl":"https://doi.org/10.1002/pa.2918","url":null,"abstract":"<p>The study analyses, the perception of the European City of Science (ECS) initiative planned event in Katowice in the context of the city and region's development in the eyes of private companies. It has been argued that this honour may change the city's prestige and become the source of the city and the region's development, not only through building the city's recognisable brand but also its social capital. Using focus research as a method enables not only to collect empirical data but can also be treated as a form of public participation. The study results contribute to the growing body of literature on public engagement and co-creation as well as place branding. The study's findings show the companies' expectations concerning the role of universities and their participation in the region's development. They were the foundation for preparing a set of suggestions for local governments to successfully implement the ECS initiative. This paper is the first to examine the process of preparing a city to become an ECS, as demonstrated through the case study of Katowice.</p>","PeriodicalId":47153,"journal":{"name":"Journal of Public Affairs","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140633755","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}
Ali Zeb, Gerald Goh Guan Gan, Ong Jeen Wei, Rehmat Karim
{"title":"Examining the nexus between situational factors and job performance through the mediating role of work engagement and self-efficacy","authors":"Ali Zeb, Gerald Goh Guan Gan, Ong Jeen Wei, Rehmat Karim","doi":"10.1002/pa.2915","DOIUrl":"https://doi.org/10.1002/pa.2915","url":null,"abstract":"<p>The situational perspectives theory of job performance is a fundamental aspect of organizational and managerial psychology. Consequently, there is growing interest in conducting additional research to assess situational factors and job performance through the theoretical frameworks of social learning and social exchange theories, which are seldom applied in these domains. The data has been collected from 365 employees working in Pakistan Telecommunication Company Limited (PTCL). It was found that supervisor support stimulates job performance. It is also deduced that self-efficacy mediates the relationship while work engagement does not mediate the relationship between supervisor support and job performance. The situational perspectives theory of job performance provides a supportive framework for the development of PTCL employees. This work should be of interest in the area of situational factors and performance improvement. This study is one of the very few studies conducted to empirically assess the influence of situational factor on performance through the mediating role of work engagement and self-efficacy.</p>","PeriodicalId":47153,"journal":{"name":"Journal of Public Affairs","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140552985","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}
Mudeer Ahmed Khattak, Wajahat Azmi, Mohsin Ali, Noureen A. Khan
{"title":"The interplay of bank competition and institutional quality: Implications for shadow economy","authors":"Mudeer Ahmed Khattak, Wajahat Azmi, Mohsin Ali, Noureen A. Khan","doi":"10.1002/pa.2916","DOIUrl":"https://doi.org/10.1002/pa.2916","url":null,"abstract":"<p>This study investigates the impact of institutional quality and banking competition on shadow economy for 127 economies for the period of 2005–2017. It further explores if institutional quality/competition shapes the relationship differently between banking competition/institutional quality and shadow economy. This paper uses the system GMM estimator to tackle potential omitted variable bias, endogeneity, and simultaneity issues. The findings suggest that overall, greater competition among banks and stricter institutions in the country reduce the size of shadow economy. Furthermore, impact of competition on shadow economy is even stronger in countries with weak institutions and the impact of institutional quality is greater in lower competitive environment. Only severe competition matters for shadow economy in case of developed countries. To sum up the novel findings of this research, competition and institutions complement each other in reducing the size of shadow economy. These findings are robust to different econometric estimators. The findings carry vital policy implications for the governments and regulators to play their part in reducing the shadow economy.</p>","PeriodicalId":47153,"journal":{"name":"Journal of Public Affairs","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140343069","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":"Government expenditure and unemployment nexus in Nigeria: Does institutional quality matter?","authors":"Isiaka Akande Raifu, Alarudeen Aminu, Joshua Adeyemi Afolabi, Emmanuel Olubowale Obijole","doi":"10.1002/pa.2917","DOIUrl":"https://doi.org/10.1002/pa.2917","url":null,"abstract":"<p>This study investigates the role of institutional quality in the government expenditure-unemployment nexus in Nigeria using different components of government expenditures (total, recurrent, and capital expenditures). Causality tests and the autoregressive distributed lag estimation methods are used to analyse data spanning the period from 1984 to 2019. The key findings are as follows: (i) unidirectional causality runs from unemployment to total and capital expenditure and a partial unidirectional causality runs from recurrent expenditure to unemployment; (ii) total and capital expenditures are pro-employment in the long run, while the recurrent expenditure is only pro-employment in the short run; (iii) institutional quality is detrimental to employment in the long run; and (iv) institutional quality significantly moderates the impact of government expenditure on unemployment in Nigeria. The Nigerian government need to increase pro-employment expenditure and make concerted efforts at improving the institutional quality in Nigeria.</p>","PeriodicalId":47153,"journal":{"name":"Journal of Public Affairs","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140343071","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 labour freedom in agriculture: Developing world perspective focusing on India","authors":"Nimai Das, Rajni Kapoor","doi":"10.1002/pa.2914","DOIUrl":"https://doi.org/10.1002/pa.2914","url":null,"abstract":"<p>This piece of work evaluates the choices and opportunities opened up in rural labour market through institutional reforms and developmental policies fostering agricultural growth and efficiency in developing countries, with a focus on India. It finds that policy reforms on property rights, involving legal approvals of land ownership or partial possession with rental contracts, strengthen bargaining capacity among marginalized groups. Furthermore, an inclusive development policy encompassing the rural sector shapes labour freedom by stabilization of market at desirable wage and employment rates. Considering a case example from an advanced agricultural region in India, this study reveals a positive and significant relationship between intensity of labour freedom and land-based status of peasant households. The analysis of primary data suggests that labour market reforms, particularly those focused on wage contracts and minimum wage laws, off-farm jobs and intra-migration employment opportunities before labourers, are crucial indicators for enhancing labour freedom in rural areas.</p>","PeriodicalId":47153,"journal":{"name":"Journal of Public Affairs","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140164485","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}
Umar Farooq, Mosab I. Tabash, Mamdouh Abdulaziz Saleh Al-Faryan, Linda Nalini Daniel, Ibtehal M. Aburezeq
{"title":"Effect of financial sector development and FDI inflow on employment rate in South Asia: New empirical evidence from ARDL approach","authors":"Umar Farooq, Mosab I. Tabash, Mamdouh Abdulaziz Saleh Al-Faryan, Linda Nalini Daniel, Ibtehal M. Aburezeq","doi":"10.1002/pa.2911","DOIUrl":"https://doi.org/10.1002/pa.2911","url":null,"abstract":"<p>The current analysis aims to explore the empirical nexus between financial development, foreign direct investment (FDI) inflow, and employment rate. To attain this aim, we collect 30 years of annual data over the period 1990 to 2019 from South Asian economies and employ the autoregressive dynamic least square (ARDL) model for regression analysis. The implication of the ARDL model was subject to the mixed stationarity status of the series as assessed by unit root testing. The robustness of the analysis was checked by employing the fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) models. The statistical analysis infers that both financial development and FDI inflow enhance the employment rate in the South Asia region. In addition, the empirical analysis infers that the gross capital formation, economic growth, and export volume have a positive while the population growth rate has a negative effect on the employment rate. The impact of underlying explanatory variables was found significant only in long run. The estimated coefficient values in the case of FMOLS and DOLS models support the direction of the relationship between explanatory variables and employment rate, implying the robustness of the analysis. The findings of the current analysis can be used to devise efficient economic policies to cope with the encroaching issue of unemployment in the South Asia region. This study offers the robustness to existing literature and complements the literature by exploring the underlying arrangement of study to the whole South Asia group.</p>","PeriodicalId":47153,"journal":{"name":"Journal of Public Affairs","volume":null,"pages":null},"PeriodicalIF":2.6,"publicationDate":"2024-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140096615","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}