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Book part
Publication date: 6 February 2023

Madhabendra Sinha

This chapter empirically investigates the dynamic effects of globalisation on carbon emission in developing countries across the globe, experiencing a high-speed engine of…

Abstract

This chapter empirically investigates the dynamic effects of globalisation on carbon emission in developing countries across the globe, experiencing a high-speed engine of globalisation over the last two decades. The allied existing literature discussed this issue mainly from the angles of economic expansions and integration of the global economy. However, some relevant factors like trade, financial, interpersonal and informational issues and cultural and politics should be highlighted in order to explore their possible influences on the high rate of carbon emission in the developing world under the modern epoch of globalisation. In this regard, this chapter utilises the World Bank World Development Indicators (WDI) (2020) and KOF Globalisation Index (2020) databases on selected 75 developing nations over the period of 2001–2018 to employ the dynamic panel econometric methods. The robust difference in generalised method of moments (GMM) estimates implies that trade is more harmful to high levels of carbon emissions in developing economies than all other components of globalisation.

Details

The Impact of Environmental Emissions and Aggregate Economic Activity on Industry: Theoretical and Empirical Perspectives
Type: Book
ISBN: 978-1-80382-577-9

Keywords

Book part
Publication date: 13 August 2014

Umma Habiba and Rajib Shaw

Of all the natural disasters, drought is the most gradual and the most hard to predict. However, this insidious disaster continually affects the lives and livelihoods of farmers…

Abstract

Of all the natural disasters, drought is the most gradual and the most hard to predict. However, this insidious disaster continually affects the lives and livelihoods of farmers living in drought-affected areas. The northwestern part of Bangladesh is recognized as being more severely affected by drought than the rest of the country, as drought is a recurring event in this area. It has substantial impacts on agriculture and causes great suffering for farmers – in particular, poor and small farmers, who are more vulnerable to drought. Therefore, this study tries to illustrate farmers’ existing coping practices with regard to drought. It also addresses their prioritized adaptation practices, which are based on local context and available resources. This study not only focuses on the implementation of these adaptation practices from the national to the local level, but it also mentions various roles of stakeholders and a definite timeframe for each adaptation practice.

Details

Risks and Conflicts: Local Responses to Natural Disasters
Type: Book
ISBN: 978-1-78190-821-1

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Article
Publication date: 2 November 2021

Mohammed Mizanur Rahman, Md. Mominur Rahman, Mahfuzur Rahman and Md. Abdul Kaium Masud

The purpose of this paper is to examine the impact of trade openness on the cost of financial intermediation and bank performance. Developed and developing countries are currently…

Abstract

Purpose

The purpose of this paper is to examine the impact of trade openness on the cost of financial intermediation and bank performance. Developed and developing countries are currently pursuing trade openness to achieve higher bank performance with less intermediation costs.

Design/methodology/approach

In attaining the study's objectives, several regression methodologies were employed (i.e. system generalized method of moments (GMM), fixed effect, pooled ordinary least squares (OLS) and vector error correction model (VECM)). The authors tested the hypothesis on data of 885 banks from BRICS countries, which span 18 years (2000–2017).

Findings

The results from this robust study showed that embedding higher trade openness reduces financial intermediation costs and improves banks' performance. The results remain robust following the use of different estimation methods and alternative variables as proxies. In addition, results were still valid upon considering bank level, industry level and country level as control variables. It was also observed that the relation pattern holds its rigidity during “good” and “bad” times (i.e. the global financial crisis).

Originality/value

The results provide better references for bank regulators, academics and policymakers to take advantage of the low financial intermediation costs resulting from trade openness.

Details

International Journal of Emerging Markets, vol. 18 no. 10
Type: Research Article
ISSN: 1746-8809

Keywords

Book part
Publication date: 11 August 2014

Umma Habiba and Rajib Shaw

All over the world, Bangladesh is well known as a flood- and cyclone-affected country. But in the recent years the slow onset disaster of drought is more frequent in Bangladesh…

Abstract

All over the world, Bangladesh is well known as a flood- and cyclone-affected country. But in the recent years the slow onset disaster of drought is more frequent in Bangladesh due to climatic as well as nonclimatic variability. As a consequence, agriculture along with its dependent farmers’ livelihoods tremendously experience its adverse impacts. Therefore, the main focus of this chapter is to discuss about drought, its effects on different sectors, and how in different levels a number of drought risk management actions are carried out to cope with this insidious disaster in the context of Bangladesh.

Details

Water Insecurity: A Social Dilemma
Type: Book
ISBN: 978-1-78190-882-2

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Article
Publication date: 16 January 2023

Taslima Nasreen, Ron Baker and Davar Rezania

This review aims to summarize the extent to which sustainability dimensions are covered in the selected qualitative literature, the theoretical and ontological underpinnings that…

Abstract

Purpose

This review aims to summarize the extent to which sustainability dimensions are covered in the selected qualitative literature, the theoretical and ontological underpinnings that have informed sustainability research and the qualitative methodologies used in that literature.

Design/methodology/approach

This study uses a systematic review to examine prior empirical studies in sustainability reporting between 2000 and 2021.

Findings

This review contributes to sustainability research by identifying unexplored and underexplored areas for future studies, such as Indigenous people’s rights, employee health and safety practice, product responsibility, gender and leadership diversity. Institutional and stakeholder theories are widely used in the selected literature, whereas moral legitimacy remains underexplored. The authors suggest that ethnographic and historical research will increase the richness of academic research findings on sustainability reporting.

Research limitations/implications

This review is limited to qualitative studies only because its richness allows researchers to apply various methodological and theoretical approaches to understand engagement in sustainability reporting practice.

Originality/value

This review follows a novel approach of bringing the selected studies’ scopes, theories and methodologies together. This approach permits researchers to formulate a research question coherently using a logical framework for a research problem.

Details

Journal of Financial Reporting and Accounting, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1985-2517

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Article
Publication date: 8 February 2016

Rashed Noor

The purpose of this review is to narrate the microbiological quality of variety of street foods which are largely consumed by the Bangladeshi people of all ages. However, these…

Abstract

Purpose

The purpose of this review is to narrate the microbiological quality of variety of street foods which are largely consumed by the Bangladeshi people of all ages. However, these foods are prone to microbial contamination. Most of the vendors lack the awareness on hygiene during preparing, processing or handling the foods. The insufficiency in regular microbiological analysis further casts the possibility of disease onset. The need of microbial analyses of these foods also remains unclear to the consumers, which, in turn, results in microbial infections and intoxications remaining unnoticed.

Design/methodology/approach

The present review focused on the microbiological quality of the street foods projected from the locally conducted researches on street foods, and pondered on the possible management from a microbiological perspective for ensuring consumer safety.

Findings

This paper provides comprehensive information on the microbiological quality of street foods, requirement of maintenance of hygiene by the vendors and consumers and the necessity of adopting proper management during food preparation.

Originality/value

Demonstration of microbial prevalence in the street foods may bring imperative information on food safety and security. The conclusive message of this review is about the general consciousness on the microbiological aspects of street food contamination.

Details

Nutrition & Food Science, vol. 46 no. 1
Type: Research Article
ISSN: 0034-6659

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Article
Publication date: 30 November 2021

Mowshumi Sharmin

The purpose of this study is to investigate the synergy between sectoral output, energy use and CO2 emission with other factors for a panel of South Asian economies including…

Abstract

Purpose

The purpose of this study is to investigate the synergy between sectoral output, energy use and CO2 emission with other factors for a panel of South Asian economies including Afghanistan, Bangladesh, Bhutan, India, Pakistan, Maldives, Nepal and Sri Lanka.

Design/methodology/approach

The analysis is done using annual panel data from 1980–2019 using dynamic ordinary least squares (DOLS), fully modified OLS (FMOLS) and Toda-Yamamoto techniques.

Findings

Empirical findings reveal the existence of a statistically significant long-run cointegrating relationship between energy use, sectoral output such as agricultural, industry and service gross domestic product (GDP), globalization, urbanization and CO2 emission. DOLS and FMOLS result posits that in the case of the South Asian region agriculture GDP does not contribute to increasing CO2 emission while service and industrial GDP is responsible for increasing CO2 emission along with urban population, energy use and to some extent globalization. More remarkably, the contribution of the service GDP is greater than the other two sectoral outputs in increasing CO2 emission with a feedback hypothesis.

Practical implications

As CO2 emission is a global phenomenon with a cross-boundary effect, these empirical findings might contribute to formulating implementable energy and environmental policies to sustain growth, as well as to protect the environment in the regional context.

Originality/value

The study contributes to the literature by providing an empirical investigation of South Asia incorporating the contribution of sectoral output to understand the potential contribution of each sector on energy and emission. This is the first study on the South Asian context from the perspective of sectoral output, energy and emission.

Details

International Journal of Energy Sector Management, vol. 16 no. 4
Type: Research Article
ISSN: 1750-6220

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Article
Publication date: 21 September 2021

Mahdi Ghaemi Asl, Muhammad Mahdi Rashidi and Seyed Ali Hosseini Ebrahim Abad

The purpose of this study is to investigate the correlation between the price return of leading cryptocurrencies, including Bitcoin, Ethereum, Ripple, Litecoin, Monero, Stellar…

Abstract

Purpose

The purpose of this study is to investigate the correlation between the price return of leading cryptocurrencies, including Bitcoin, Ethereum, Ripple, Litecoin, Monero, Stellar, Peercoin and Dash, and stock return of technology companies' indices that mainly operate on the blockchain platform and provide financial services, including alternative finance, democratized banking, future payments and digital communities.

Design/methodology/approach

This study employs a Bayesian asymmetric dynamic conditional correlation multivariate Generalized Autoregressive Conditional Heteroskedasticity (GARCH) (BADCC-MGARCH) model with skewness and heavy tails on daily sample ranging from August 11, 2015, to February 10, 2020, to investigate the dynamic correlation between price return of several cryptocurrencies and stock return of the technology companies' indices that mainly operate on the blockchain platform. Data are collected from multiple sources. For parameter estimation and model comparison, the Markov chain Monte Carlo (MCMC) algorithm is employed. Besides, based on the expected Akaike information criterion (EAIC), Bayesian information criterion (BIC), deviance information criterion (DIC) and weighted Deviance Information Criterion (wDIC), the skewed-multivariate Generalized Error Distribution (mvGED) is selected as an optimal distribution for errors. Finally, some other tests are carried out to check the robustness of the results.

Findings

The study results indicate that blockchain-based technology companies' indices' return and price return of cryptocurrencies are positively correlated for most of the sampling period. Besides, the return price of newly invented and more advanced cryptocurrencies with unique characteristics, including Monero, Ripple, Dash, Stellar and Peercoin, positively correlates with the return of stock indices of blockchain-based technology companies for more than 93% of sampling days. The results are also robust to various sensitivity analyses.

Research limitations/implications

The positive correlation between the price return of cryptocurrencies and the return of stock indices of blockchain-based technology companies can be due to the investors' sentiments toward blockchain technology as both cryptocurrencies and these companies are based on blockchain technology. It could also be due to the applicability of cryptocurrencies for these companies, as the price return of more advanced and capable cryptocurrencies with unique features has a positive correlation with the return of stock indices of blockchain-based technology companies for more days compared to the other cryptocurrencies, like Bitcoin, Litecoin and Ethereum, that may be regarded more as speculative assets.

Practical implications

The study results may show the positive role of cryptocurrencies in improving and developing technology companies that mainly operate on the blockchain platform and provide financial services and vice versa, suggesting that managers and regulators should pay more attention to the usefulness of cryptocurrencies and blockchains. This study also has important risk management and diversification implications for investors and companies investing in cryptocurrencies and these companies' stock. Besides, blockchain-based technology companies can add cryptocurrencies to their portfolio as hedgers or diversifiers based on their strategy.

Originality/value

This is the first study analyzing the connection between leading cryptocurrencies and technology companies that mainly operate on the blockchain platform and provide financial services by employing the Bayesian ssymmetric DCC-MGARCH model. The results also have important implications for investors, companies, regulators and researchers for future studies.

Details

Journal of Enterprise Information Management, vol. 34 no. 5
Type: Research Article
ISSN: 1741-0398

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Article
Publication date: 10 December 2018

Syed Ali Raza, Rashid Sbia, Muhammad Shahbaz and Sahel Al Rousan

This paper aims to examine the relationship between trade and economic growth using data of UAE economy for the period of 1974-2011.

Abstract

Purpose

This paper aims to examine the relationship between trade and economic growth using data of UAE economy for the period of 1974-2011.

Design/methodology/approach

The bounds testing is applied for testing the cointegration relationship between the variables. The rolling window approach has been used to analyze the stability of long run coefficients.

Findings

The empirical analysis shows the presence of cointegration between trade and economic growth. Furthermore, exports have positive, but imports have negative effect on economic growth. The rolling window approach confirms the stability of long-run estimates.

Practical implications

This paper provides new insights for policymakers to use trade as economic tool for sustainable economic development.

Originality/value

This paper makes a unique contribution to the literature with reference to UAE, being a pioneering attempt to investigate the relationship between trade and economic growth by using long time series data and applying more rigorous techniques like time varying rolling window analysis.

Details

Journal of Asia Business Studies, vol. 12 no. 4
Type: Research Article
ISSN: 1558-7894

Keywords

Article
Publication date: 3 April 2020

Muhammad Zubair Alam, Ahmad Raza Bilal, Saba Sabir and Muhammad Ali Kaleem

The dynamic global environment has increased the requirement of multidisciplinary entrepreneurial engineers. While studying entrepreneurial aspects of engineers, researchers have…

Abstract

Purpose

The dynamic global environment has increased the requirement of multidisciplinary entrepreneurial engineers. While studying entrepreneurial aspects of engineers, researchers have not considered inherent variability due to engineering majors. This study investigates the impact of entrepreneurial motivation (EM) on entrepreneurial intentions (EIs), to analyse the inherent entrepreneurial potential of engineering majors. The impact of entrepreneurial education has also been studied to proffer recommendations for policymakers.

Design/methodology/approach

The design of this study is a survey conducted with 342 undergraduate students from three major engineering institutions in Pakistan using a close-structured questionnaire. Moderation analysis examines the entrepreneurial potential of different engineering majors. Analysis of variance (ANOVA) has been conducted to compare the EIs of different engineering majors and regarding the impact of entrepreneurial education on EIs.

Findings

The engineering major's role in the transformation of EM to EIs is multifaceted. EIs of students of a few engineering majors were found high. Entrepreneurship education improves the overall EIs of engineering students.

Practical implications

Outcomes of the study are useful for academia and policymakers to engage students of particular engineering majors, identified as entrepreneurial, in advanced entrepreneurial education and expose them to potential start-ups to have better value addition in specific sectors.

Originality/value

This is the first study in which engineering majors have been examined to bring insights about inherent entrepreneurial potential. This inherent entrepreneurial potential needs further exploration by academic researchers. The study has provided the base for future studies to institutionalize entrepreneurial education for different engineering majors.

Details

Education + Training, vol. 62 no. 7/8
Type: Research Article
ISSN: 0040-0912

Keywords

11 – 20 of 86