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1 – 10 of 795World trade has been increasing rapidly and much faster than world output. This study analyzes the trade structures of major dynamic East Asian countries as well as regional…
Abstract
World trade has been increasing rapidly and much faster than world output. This study analyzes the trade structures of major dynamic East Asian countries as well as regional subgroups such as ASEAN members and Northeast Asian countries. Emphasis will be on the complementarities that would enhance integration among them through international trade. In addition, potential trade levels for each combination of East Asian countries are estimated by applying the gravity model of trade to the trade flows of21 APEC members, as a reference group. It is estimated to have significant potentiality by regional subgroup, ASEAN or Northeast Asia, and not between the two regional subgroups. However, the potential integration between East Asian countries in different regional subgroups is more significant by considering complementarities in trade compared with the results from the basic gravity model. To enhance economic cooperation between East Asian countries, expanding relationships such as inter-industry trade in natural resources trade and industrial goods between the regional subgroups needs to occur. They should also utilize complementary relationships from intra-industry trade in industrial goods such as electric and electronic equipment, related parts and accessories. And they should focus on the implementation of trade facilitation measures based on global standards.
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Gamal Elsamanoudy, Naglaa Sami Abdelaziz Mahmoud and Platon Alexiou
This paper argues that cultures with the same climate have similar handicrafts as they have similar cultivation and identical raw materials. This study focuses on how mountainous…
Abstract
Purpose
This paper argues that cultures with the same climate have similar handicrafts as they have similar cultivation and identical raw materials. This study focuses on how mountainous, coastal and hot regions partaking in similar crafts and cultural heritage use palm leaves and analyses the resulting handicrafts' similarities.
Design/methodology/approach
A review of mapping these samples establishes this similarity in the traditional industries of some civilizations' cultural heritage from countries sharing similar climates.
Findings
The handwoven crafts using palm leaves were significant patrimonial artifacts in different societies' and communities' cultural heritage. Our studies revealed that climate plays an active role in influencing all aspects of humanity’s life. It affects the construction methods and style, agriculture and lifestyles.
Research limitations/implications
Traditional handwoven palm leaf product models, especially plates and baskets, are studied from South America, Africa, Gulf Countries and Asia.
Practical implications
Additionally, this paper focuses on preserving these treasures as an essential part of interior elements as accessories for most inhabitants of these areas.
Social implications
Cultural heritage also embraces intangible aspects such as skills passed down through generations within a particular society. The tangible and intangible elements complement each other and contribute to an overall legacy.
Originality/value
Cultural heritage reflects a society’s way of life carried down through the years across lands, items, customs and aesthetic concepts. People are the gatekeepers of society, as they preserve their way of life for future generations to emulate. Tangible artistic and cultural heritage comprises artifacts. It comprises all human evidence and expressions, such as traditional handicrafts, pictures, documents, books and manuscripts.
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Kavita Kshatriya and Priyanka Sharad Shah
This paper aims to examine the presence of impulsive and compulsive buying among consumers. It studies the various factors that affect and moderate the impulsiveness and…
Abstract
Purpose
This paper aims to examine the presence of impulsive and compulsive buying among consumers. It studies the various factors that affect and moderate the impulsiveness and compulsiveness of buying.
Design/methodology/approach
Literature review resulted in four constructs – social media influence, social media preferences, hedonic motivation and shop in COVID-19. On conducting factor analysis in statistical package for the social sciences, the variables were divided under the influence of social media, social commerce, electronic word of mouth (EWOM) of social commerce, hedonic happiness, hedonic fun and shopping in times of COVID-19. Structural equation modeling is conducted in AMOS (statistical software) for a diagrammatic representation of the relationship between the variables. Regression analysis is used to re-affirm the above relationship. Testing of hypotheses is done with the help of the chi-square test.
Findings
All six latent variables are significantly related to impulsive and compulsive buying. However, the regression analysis shows social media influence as the strongest predictor for impulse buying and hedonic happiness for compulsive buying. Also, the presence of the pandemic COVID-19 leads to impulsive buying as well as compulsive buying in the apparel and accessory segment.
Practical implications
Marketers should capitalize on spontaneous buying in both forms – impulsive buying and compulsive buying. Social media influencers, as well as more consumer engagement on social media, can promote impulsive buying. However, compulsive buyers will be more attracted towards great in-store experiences or hedonically driven advertisements, as they do not just shop for buying the product; they shop for the experience of shopping.
Originality/value
This study uncovers the difference in factors that affect impulsive and compulsive buying. Though both behaviours seem points of the same scale, they are inherently different and can be predicted with social media influence and hedonic happiness.
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