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Tourism and natural hazards share a long pathway, owing to the fragile existential status of certain tourist destinations and voluntary and involuntary intervention of mankind in the business of natural environment. Over a course of history, numberless natural hazards prevailed and left behind some of the colossal and collateral damage on the physicality and virtuality of destinations. Volume of studies contended this direct and inverse association. Resultantly, impact measurement, ongoing imagery issues and future forecasting have been made to ease out the tourist destination from the consequences of natural hazards. Moreover, considering the inner fabric of tourism system (demand and supply side), natural hazards have been foreseen as unwanted yet necessary event to be emphasized and taken care of. Predominantly, in the existing global milieu of maximum human intervention in the climatic cycle and its outcomes in the form of global warming, climate concerns, natural hazards have been considered as inevitable and destined. Hence, it needs a comprehensive literature-based study to assess the risk factor of natural hazards on the tourist destinations. This study, in acquiescence to address this grey section, intends to explore the existing studies (drafted on the risks impacts of natural hazards on demand, supply and ancillary segments of tourism) and structure the findings thematically and orchestrate these findings in the existing body of literature. Implications from the findings have been presented.

The main objective of this study is to identify the main determinants of the Islamic banks’ performance in Gulf Cooperation Council (GCC) regions.

The research uses both static model (fixed effects and random effects) and Generalized method of Moments (GMM). The data for this study are obtained from the annual reports of 29 Islamic banks from GCC countries using Bankscope database for the period from 2005 to 2013.

The empirical findings reveal that Islamic banks’ specific factors such as the equity financing and bank size are positive and statistically significant to the profitability of Islamic banks. The operating efficiency ratio is negatively and statistically significant to return on asset. It is also found that macroeconomic variables such as money supply and inflation are negatively and statistically significant to the performance of Islamic banks whereas oil price has been found positive and statistically significant to the performance of Islamic banks in the GCC region.

The present study seeks to fill a demanding gap in the literature by providing new empirical evidence on the factors that influence the profitability of the Islamic banking sector in GCC regions.

These findings have significant contribution to the literature by comprehensively clarifying and critically analyzing the current state of profitability among the Islamic banks in GCC regions.

While there has been intense debate in the empirical literature over the evolution of the college wage premium in the United States, its evolution in Europe has received little attention. This paper investigates the causes of the evolution of the college wage premium in 12 European countries from 1994 to 2009, assessing the relevance of the supply factor as a determinant of the college wage premium. I use cross-country variation in relative supply, demand, and labour market institutions to examine their effects on the trend in wage inequality. I address possible concerns of endogeneity of the relative supply using an IV strategy exploiting the differential legislations of university autonomy and their variations over time. Results show that the strong increase in the relative supply that European countries have experienced has decreased the college wage premium. The most relevant institution is the minimun wage, which significantly decreases college wage premium.

This paper presents an empirical analysis of trade credit supplied by Japanese manufacturing firms and General Trading Companies. After reviewing major trade credit models and relevant Japanese literature, empirical tests examine the applicability of existing trade credit theories. Results indicate existing trade credit theory has little power to explain the level of trade credit supplied by Japanese firms. Instead, support is found for the information and risk sharing models in the Japanese keiretsu literature and the financial channeling process by which lending institutions supply General Trading Companies with liquidity that is, in turn, supplied to manufacturing firms.

Purpose – This study investigates the management of asset structures in Malaysia’s commercial banking sector.

Methodology/approach – The study uses unbalanced panel data from 17 Islamic banks in Malaysia, covering the period 1997 to 2012. All significant data have been taken into account in analysing whether there is a relationship between asset structure management and certain factors involving bank-specific financial conditions and macroeconomic features. These include financing, deposits, profits, money supply, gross domestic product (GDP) and composite indices.

Findings – The results reveal that asset management structure is significant for total financing, total deposits, money supply, GDP and composite indices. In conclusion, the management of asset structures acts to efficiently prevent any unexpected crises that may affect banking operations.

Originality/value – The structure of asset management in Islamic banking is influenced by internal and external factors which have the most impact on asset management by Islamic banks. Islamic banking also provides more financing to reduce their risk and at the same time they attempt to increase deposits and investment in due to interest rate volatility in conventional banking.

In 2020, the logistics market in Malaysia was valued at USD 37.60 billion, and it is projected to grow to more than USD 55.0 billion by 2026 at a compound annual growth rate (CAGR) of more than 4%. However, more information is needed about the impact of green logistic practice determinants by the local SMEs on the market share. This study serves as a focal point by examining the factors involved by offering a conceptual framework of determinants and their potential outcomes. This study contributes by demonstrating a conceptual, theoretical framework derived from the synthesis of two theory such as the Resource-Based View theory and the Diffusion of Innovation Theory. At the same time, it offers a holistic approach with an in-depth understanding of the Technological and Organizational factors of SMEs. The relationship between the implementation of green practices and organizational performance is also explored.

The purpose of this study is to analyze structural changes that took place in the cotton industry and develop a statistical model that reflects the current drivers of U.S. upland cotton prices. This study concludes that a structural break in the U.S. cotton industry occurred in 1999, and that world cotton supply has become an important determinant of U.S. cotton prices. The model developed here forecasts changes in U.S. cotton price based on changes in U.S. cotton supply, changes in U.S. stocks-to-use ratio (S/U), changes in China's net imports as a share of world consumption, the proportion of U.S. cotton engaged in the loan program, and changes in world supply of cotton.

This paper is an extension of Blinder's (1973) and Oaxaca's (1973) famous decomposition. While they looked at the determinants of the wage gap between two groups, this paper not only considers any number of groups but it also proposes a decomposition technique that permits to analyze the determinants of the overall wage dispersion. The approach presented combines two techniques. The first one, popular in the field of income inequality measurement, concerns the breakdown of inequality by population subgroups. The second one, very common in the labor economics literature, uses Mincerian earnings functions to derive a decomposition of wage differences between two groups into components measuring, respectively, group differences in the average values of the explanatory variables, in the coefficients of these variables in the earnings functions and in the unobservable characteristics. This methodological novelty allows one to determine the exact impact of each of these three elements on the overall wage dispersion, on the dispersion within and between groups, and on the degree of overlap between the wage distributions of the various groups.

This paper goes, however, beyond a static analysis in so far as it succeeds in breaking down the change over time in the overall wage dispersion and its components (between- and within-groups dispersion and group overlapping) into elements related to changes in the value of the explanatory variables and the coefficients of these variables in the earnings functions, in the unobservable characteristics and in the relative size of the various groups.

The empirical illustration of this paper looks at data obtained from income surveys conducted in Israel in 1982, 1990, and 1998, special emphasis being put on the comparison between the earnings of new immigrants and those of natives or older immigrants.