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Open Access
Article
Publication date: 4 May 2022

Hongyan Zhang and Suisui Chen

With increasing marine resource development, the rapid development of the marine economy, and the continuous decline of the marine natural resource system, the…

Abstract

Purpose

With increasing marine resource development, the rapid development of the marine economy, and the continuous decline of the marine natural resource system, the contradiction between marine resources and economic development is becoming increasingly acute. The study of marine resources and economic development has become a hot and challenging issue in marine resource economics research in recent years. The purpose of this study is to analyze the current situation of marine resources and to realize the sustainable use of marine resources.

Design/methodology/approach

This study systematically reviews and analyzes the current status of research on marine resources and economic development issues in four main aspects: marine resource management, marine resources and economic growth, marine resources and economic security, and marine resource accounting in the field of marine resource economics.

Findings

It is found that compared to the current status of research on land-based resources and economic development, there is a significant lag in both theoretical construction and methodological innovation in marine resources and economic development.

Originality/value

The purpose of this study is to systematically grasp the current status of marine resources research, promote the coordinated development of marine resources and economic growth, and then realize the safe and sustainable development and utilization of marine resources.

Details

Marine Economics and Management, vol. 5 no. 1
Type: Research Article
ISSN: 2516-158X

Keywords

Book part
Publication date: 2 October 2012

Mindy K. Shoss and Tahira M. Probst

Employees today face a number of threats to their work and financial well-being (i.e., economic stress). In an aim to provide an agenda and theoretical framework for…

Abstract

Employees today face a number of threats to their work and financial well-being (i.e., economic stress). In an aim to provide an agenda and theoretical framework for research on multilevel outcomes of economic stress, the current chapter considers how employees’ economic stress gives rise to emergent outcomes and how these emergent outcomes feed back to influence well-being. Specifically, we draw from Conservation of Resources theory to integrate competing theoretical perspectives with regard to employees’ behavioral responses to economic stress. As employees’ behaviors influence those with whom they interact, we propose that behavioral responses to economic stress have implications for group-level well-being (e.g., interpersonal climate, cohesion) and group-level economic stress. In turn, group-level and individual-level behavioral outcomes influence well-being and economic stress in a multilevel resource loss cycle. We discuss potential opportunities and challenges associated with testing this model as well as how it could be used to examine higher-level emergent effects (e.g., at the organizational level).

Details

The Role of the Economic Crisis on Occupational Stress and Well Being
Type: Book
ISBN: 978-1-78190-005-5

Keywords

Article
Publication date: 1 May 1990

Sushil

A systems perspective of waste management allows an integratedapproach not only to the five basic functional elements of wastemanagement itself (generation, reduction…

2951

Abstract

A systems perspective of waste management allows an integrated approach not only to the five basic functional elements of waste management itself (generation, reduction, collection, recycling, disposal), but to the problems arising at the interfaces with the management of energy, nature conservation, environmental protection, economic factors like unemployment and productivity, etc. This monograph separately describes present practices and the problems to be solved in each of the functional areas of waste management and at the important interfaces. Strategies for more efficient control are then proposed from a systems perspective. Systematic and objective means of solving problems become possible leading to optimal management and a positive contribution to economic development, not least through resource conservation. India is the particular context within which waste generation and management are discussed. In considering waste disposal techniques, special attention is given to sewage and radioactive wastes.

Details

Industrial Management & Data Systems, vol. 90 no. 5
Type: Research Article
ISSN: 0263-5577

Keywords

Abstract

Details

International Journal of Sociology and Social Policy, vol. 12 no. 4/5/6/7
Type: Research Article
ISSN: 0144-333X

Article
Publication date: 1 September 1996

Paata Leiashvily

Suggests a new understanding of the category of economic value. According to this understanding, economic value is the unity of economic utility and economic costs…

515

Abstract

Suggests a new understanding of the category of economic value. According to this understanding, economic value is the unity of economic utility and economic costs. Interprets these categories of utility and costs as relative, and imminently implying one another. There exists a specific attitude of man towards the limited goods which are involved in his teleological activity. On the basis of this new understanding of economic value, attempts to give a new explanation of the law of increasing marginal costs, as the opposite form of manifestation of the law of diminishing marginal utility. Suggests an original interpretation of global and local criteria for optimum, and of an economic mechanism for comparison of costs and utility. Proposes many ideas which proceed from the teleological understanding of man’s activity and which are in harmony with the ideas and principles of econometrics.

Details

International Journal of Social Economics, vol. 23 no. 9
Type: Research Article
ISSN: 0306-8293

Keywords

Book part
Publication date: 2 December 2019

Frank Fitzpatrick

Abstract

Details

Understanding Intercultural Interaction: An Analysis of Key Concepts
Type: Book
ISBN: 978-1-83867-397-0

Article
Publication date: 6 January 2022

Muhammad Tahir, Umar Burki and Arshad Hayat

This paper explores the relationship between natural resources and economic growth of Brunei Darussalam, an underresearched area in the available literature.

Abstract

Purpose

This paper explores the relationship between natural resources and economic growth of Brunei Darussalam, an underresearched area in the available literature.

Design/methodology/approach

Annual data are sourced from reliable sources for the period 1989–2020. Appropriate cointegration techniques for time series data are employed to estimate the specified models and extract results.

Findings

The results provide evidence about the positive and significant role that natural resources have played in the economic growth of Brunei Darussalam. Similarly, trade openness and domestic investment have also positively and significantly impacted the long-run economic growth. On the other hand, the impacts of government expenditure and the growth of human capital on economic growth are although positive but insignificant statistically in the long run. The short-run results show that natural resources, government expenditures and domestic investment have influenced economic growth both positively and significantly. Moreover, the positive and significant impact of trade openness on economic growth, which was observed in the long run, turned negative and insignificant in the short run. Finally, the insignificant positive relationship between the growth of human capital and economic growth observed in the long run remained the same in the short run.

Originality/value

This paper studies the resource curse hypothesis for Brunei Darussalam for the first time, and therefore, the findings will be of significant interest for policymakers and researchers.

Details

International Journal of Emerging Markets, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 5 January 2022

Opoku Adabor, Emmanuel Buabeng and Juliet Fosua Dunyo

While the relationship between natural resource rent and economic growth is well documented in the literature, not much robust analysis has been done to estimate the…

Abstract

Purpose

While the relationship between natural resource rent and economic growth is well documented in the literature, not much robust analysis has been done to estimate the causative relationship between oil resource rent and economic growth in Ghana. This might be due to the fact that commercial production of crude oil started not long ago in Ghana. This paper aims to examine the causal relationship between oil resource rent and economic growth for the period of 2011 to 2020 in Ghana.

Design/methodology/approach

The study incorporates economic growth as a function of oil resource rent, non-oil revenue, foreign direct investment, capital and interest rate in a Cobb–Douglass production function/model. The study used four different estimation strategies including the autoregressive distributed lags model, Toda–Yamamoto test approach, nonlinear autoregressive distributed lags model and nonlinear Granger causality.

Findings

The main finding revealed that 1% increase in oil resource rent generates 0.84% increase in economic growth of Ghana in the long run. Contrary, the authors find an insignificant positive effect of oil resource rent on economic growth of Ghana in the short run for the period under study. The result from the Toda–Yamamoto test approach also showed a unidirectional causality running from oil resource rent to economic growth of Ghana, providing evidence in support of the resource blessing hypothesis in Ghana. The results are robust to two different alternative estimation strategies.

Originality/value

The causal relationship between crude oil resource rent and economic growth is examined.

Details

International Journal of Energy Sector Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 12 July 2018

Agus Hermanto

This study aims to improve the performance of geothermal energy. Therefore, this research requires a deep examination of the determinant factors that affect the…

Abstract

Purpose

This study aims to improve the performance of geothermal energy. Therefore, this research requires a deep examination of the determinant factors that affect the performance of geothermal energy; the results of this study are expected to increase the outcomes that can be enjoyed by the people of Indonesia.

Design/methodology/approach

This research uses quantitative approach. Data are obtained via questionnaires. The population in this study is all stakeholders of the national geothermal energy policy throughout the region. The stakeholders in question are the Community Care for Energy and the Environment (MPEL), using a sample of 400 respondents. The variables used were human resource capacity (X1), political resource capacity (X2), economic resource capacity (X3), social resource capacity (X4), performance of geothermal energy policy (Y1) and geothermal energy policy outcomes (Y2). Data analysis used to solve hypothetical model built in this research is partial least square.

Findings

While human resource, political resource, economic resource and social resource capacities affect the performance of geothermal energy policy, those capacities directly affect the performance of geothermal energy policies. On the other hand, the results of the indirect effect test show that with the mediation of good geothermal energy policy, it will be seen that the effect of human resource capacity, political resource capacity, capacity of economic resources and the capacity of social resources to the utilization of geothermal energy. The utilization of geothermal energy cannot be directly felt by the community without the support of the formulation of geothermal energy policy or unless it is supported by high human resources, political resources, economic resource and social resource capacities.

Originality/value

No previous research has comprehensively examined the effect of human resource, political resource, economic resource and social resource capacities on geothermal energy policy and its implications for the outcomes of geothermal energy policy.

Details

International Journal of Energy Sector Management, vol. 12 no. 3
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 1 April 2014

Christian Sonnenberg and Jan vom Brocke

The purpose of this paper is to integrate business process management (BPM) and accounting on a conceptual level in order to account for the economic implications of…

1757

Abstract

Purpose

The purpose of this paper is to integrate business process management (BPM) and accounting on a conceptual level in order to account for the economic implications of process-state changes in process design-time and process run-time.

Design/methodology/approach

The paper adopts a design science research paradigm. The research, grounded in an “events” approach to accounting theory, builds on the REA accounting model that has been adapted for the design of a process accounting model (PAM).

Findings

The paper presents a PAM that can be used to structure event records in process-aware information systems (PAIS) to enable process-oriented accounting. The PAM is specified as a light weight data structure that is intended for the integration of PAIS and accounting information systems.

Research limitations/implications

As this paper is technical in nature, more research is needed to evaluate more thoroughly its approach in naturalistic settings.

Practical implications

The PAM can support traditional accounting approaches, and because of the adopted events approach, it readily supports use cases related to real-time analytics in BPM and accounting.

Originality/value

The PAM presents a novel approach to integrating BPM and accounting. The novelty of this approach lies in its use of event records to document flows of economic resources.

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