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| Paper Type | : | Research Paper |
| Title | : | Educational Level and Differential Impact of Broad Band on Economic Growth |
| Country | : | México |
| Authors | : | Héctor Díaz || Miriam Sosa || Edgar Ortiz |
Abstract: Research dealing with the relationship between information and communication technologies (ICT) and economic growth in developing countries has increased during the last two decades. However, the role of telecommunications by itself on economic growth is limited unless is also accompanied by parallel investments in education which favors its absorption and applicability. Contributing to strengthen this issue, this paper examines the long-run relationship between education, access to telecommunication services and economic growth focusing on broadband services.......
Keywords: broadband, dynamic panel, economic growth, education, ICT.
[1] B. Bilbao, D. Soumitra and L. Bruno "The Global Information Technology Report 2013: Growth and Jobs in a Hyperconnected World."World Economic Forum, Geneva. 2013.
[2] ITU Yearbook of Statistics: Chronological Time Series 2002–2011 (38th edition, edited by International Telecommunication Union, 2012).
[3] World Bank. Information, Communication Technologies, and infoDev (Program). Information and Communications for Development 2012: Maximizing Mobile. World Bank Publications, 2012.
[4] OECD. "Estudio de la OCDE sobre políticas y regulación de telecomunicaciones en México". Organization for Economic Co-operation and Development 2012.
[5] J. Dedrick, V. Gurbaxani & K. L. Kraemer. Information technology and economic performance: A critical review of the empirical evidence. ACM Computing Surveys (CSUR), 35(1). 2013, 1-28.
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| Paper Type | : | Research Paper |
| Title | : | Analyse Des Fondements Théoriques Des Facteurs Iniciant La Migration Internationale [Analysis of the Theoretical Foundations of Factors that Initiate the International Migration] |
| Country | : | Maroc |
| Authors | : | Elhossain Outougane |
Abstract: As to evolve social research, several authors have tried to explain the factors that initiate the individual's decision to migrate for another country. In this work, four main theories are examined namely, first neoclassical macroeconomic theory, which considers the wage difference as the trigger of migration between countries. Then the microeconomic approach that focuses on the circumstances of the individual, including their personal characteristics, to argue his choice to emigrate while other external factors play a secondary role........
Keywords: International Migration, Neoclassical Economic Theories, Push-Pull, World Systems Theory, New Economics of Labour Migration Theory.
[1]. Caroline B. Brettell and James F. Hollifield, "Migration Theory: Talking Across Disciplines", in "Case Studies in History and Society"; Journal of Political Ecology. VOLUME 8 (2001).
[2]. O¨.B. Bodvarsson and H. Van den Berg, "The Economics of Immigration: Theory and Policy", in "Chapter 2: The Determinants of International Migration: Theory" DOI 10.1007/978-1-4614-2116-0_2, # Springer Science+Business Media New York 2013.
[3]. RAVENSTEIN E.G., 1885, "The laws of migration", Journal of the Royal Statistical Society, 48, p. 167-227.
[4]. RAVENSTEIN E.G. 1889, "The laws of migration (revised)", Journal of the Royal Statistical Society, 52, p. 241-301.
[5]. Douglas S. Massey, Joaquin Arango, Graeme Hugo, Ali Kouaouci, Adela Pellegrino and J. Edward Taylor, "An Evaluation of International Migration Theory: The NorthAmerican Case". Population and Development Review Vol. 20, No. 4 (Dec., 1994), pp. 699-751.
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| Paper Type | : | Research Paper |
| Title | : | Instability in Natural Rubber Prices in India: An Empirical Analysis |
| Country | : | India |
| Authors | : | K V Raju |
Abstract: Commodity Prices are susceptible to instability in the international as well as in the domestic markets of countries. Natural rubber prices have shown high volatility in the last twenty years. Decline in oil prices and the subsequent decline in the prices of synthetic rubber were some of the factors that have contributed to the volatility and instability in natural rubber prices
Keywords: Natural Rubber, Instability, Crude oil prices, Synthetic Rubber, Open Trade Regime
[1] Anthony C Zwart and Blanford D (1989), " Market Intervention and International Price Stability", American Journal of Agricultural Economics, Vol.71, No.2, May , PP.379-388
[2] Ardeni PG and wright B (1990), The Long Term Behaviour of Commodity Prices", Working Paper No. WPS 358, Poliocy Research on External Affairs, The World Bank, Wahington D C.
[3] Barlow Colin, (1978), "The NR Industry-Development, Technology, Economy in Malaysia", Oxford University Press, New York, Melbourne.
[4] Burger K and Smit H.P, (1989), "Long-Term and Short-Term Analysis of the Natural Rubber Market", Review of World Economics, 124(4),pp. 719-45.
[5] Caine Sydney(1958), "Stabilizing Commodity Prices", Foreign Affairs, Volume 37., No.1, October, PP.131-143
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| Paper Type | : | Research Paper |
| Title | : | Determinants of Corporate Cash Holdings: Empirical Analysis of Pakistani Firms |
| Country | : | Pakistan |
| Authors | : | Sulaman Jamil || Amna Anwar || Naila Afzaal || Adnan Tariq || Mohsin Asif |
Abstract: Keeping a suitable level of cash within the organization is crucial for the fluent operations of firms. If firms hold cash and cash equivalents it will provide the convenience of reinvestment. The aim of the study is to explore the determinants of corporate cash holdings of non financial firms among diverse firm sizes and diverse industries in Pakistan. For our analyses we used a sample of 50 Public Limited companies listed at Karachi Stock Exchange over the period of 2012-2014.........
Keywords: Cash holdings, firm size, board size, net working capital, debt structure, leverage, return on asset, investment, cash and cash equivalent, correlation
[1]. Yeboah, Benjamin, and Samuel Kwaku Agyei 2012 Working Capital Management and Cash Holdings of Banks in Ghana. European Journal of Business and Management 4(13): 120–130.
[2]. Ogundipe, Lawrencia Olatunde, Sunday Emmanuel Ogundipe, and Samuel Kehinde Ajao 2012 Cash Holding and Firm Characteristics: Evidence from Nigerian Emerging Market. Journal of Business Economics and Finance 1(2): 45–58.
[3]. Ozkan, Aydin, and Neslihan Ozkan 2004 Corporate Cash Holdings: An Empirical Investigation of UK Companies. Journal of Banking & Finance 28(9): 2103–2134.
[4]. Kim, Jiyoung, Hyunjoon Kim, and David Woods 2011 Determinants of Corporate Cash-Holding Levels: An Empirical Examination of the Restaurant Industry. International Journal of Hospitality Management 30(3): 568–574.
[5]. Gill, Amarjit, and Charul Shah 2012 Determinants of Corporate Cash Holdings: Evidence from Canada. International Journal of Economics and Finance 4(1): 70.
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| Paper Type | : | Research Paper |
| Title | : | The impact of corporate governance mechanisms on firm performance in Pakistan |
| Country | : | Pakistan |
| Authors | : | Sulaman Jamil || Adnan Tariq || Mohsin Asif || Naila Afzaal || Amna Anwar |
Abstract: In this paper, we investigated the impact of corporate governance mechanisms on the firm performance of listed firms in Karachi stock exchange. Data was collected from 100 firms in the financial year 2014 and multiple regression analysis was used to determine whether the existing corporate governance mechanisms influence the firm performance or not. We find that Institutional investor has significant and positive impact on firm performance. Government Ownership, Debt to Equity Ratio and Board Size have negative and significant impact on firm performance. The remaining three variables (Firm size, CEO duality and Non Executive director) have non-significant relationship with firm performance..........
Keywords: Corporate Governance, Karachi Stock exchange, Debt to Equity ratio, Board size, Firm size, Government Ownership, CEO duality, Non-executive director, Institutional investors.
[1]. Mashayekhi, Bita, and Mohammad S. Bazaz 2008Corporate Governance and Firm Performance in Iran. Journal of Contemporary Accounting & Economics 4(2): 156–172.
[2]. Christensen, Jacqueline, Pamela Kent, and Jenny Stewart 2010Corporate Governance and Company Performance in Australia. Australian Accounting Review 20(4): 372–386.
[3]. SciEP, sciepub com N.d.Impact of Corporate Governance on Performance of Firms: A Case Study of Cement Industry in Pakistan. http://www.academia.edu/4256831/Impact_of_Corporate_Governance_on_Performance_of_Firms_A_Case_Study_of_Cement_Industry_in_Pakistan, accessed February 6, 2014.
[4]. Aljifri, Khaled, and Mohamed Moustafa 2007 The Impact of Corporate Governance Mechanisms on the Performance of UAE Firms: An Empirical Analysis. Journal of Economic and Administrative Sciences 23(2): 71–93.
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| Paper Type | : | Research Paper |
| Title | : | Reflections on the Constitutional Legal Debt Management Frameworks in Zimbabwe |
| Country | : | Zimbabwe |
| Authors | : | Alouis Chilunjika || Rangarirai Chikova || Dominique Uwiyizeyimana |
Abstract:This research reflects on the debt management problem in Zimbabwe. Like any other country Zimbabwe has a Constitutional legal framework that touches on debt management. The major issue at hand is why Zimbabwe is failing to sustain its external debt stock whilst it has a Constitutional legal framework that focuses on debt management. It was established that though the Constitutional legal frameworks provide for the institutional set up to undertake debt management and provide for the legality of loan contraction, the research revealed that the Constitutional legal frameworks are inadequate in other matters relating to debt management...........
Keywords:External Debt, Debt Management, Constitutional legal frameworks, Borrowing
[1]. AFRODAD. 2011a. Borrowing Charter: Principles and Guidelines on Sovereign Financial Borrowing for Sub- Sahara African Countries. Harare: AFRODAD.
[2]. AFRODAD. 2011b. Review and Analysis of the Loan Contraction Process and Management in Liberia. Harare: AFRODAD.
[3]. AFRODAD. 2006. Courses on International Financial Institutions: Macro economic Issues. Harare: AFRODAD.
[4]. Altvater, E., Hubner, J. L. and Rojas, R. 1989. The Poverty of Nations: A Guide to the Debt Crisis from Argentina to Zaire. London: Zed Books.
[5]. Bade, O. 1989. The IMF, The World Bank and the African Debt: The Social and Political Impact. New Jersey: Zed Books Limited.
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| Paper Type | : | Research Paper |
| Title | : | The Growth Of Small And Medium Enterprises In Malaysia: A Study On Private Limited Companies In Perak Malaysia |
| Country | : | India |
| Authors | : | Yamuna Rani Palanimally |
Abstract: Small and medium enterprises (SMEs) are playing significant contribution in the economic development, social uplifting and political stability of every country. SMEs is diverse in nature. SMEs can be established for any kind of business activities in urban or rural area.SMEs' is the backbone of every economy; they are small in size but large in numbers. In Malaysia, SMEs' contribute 32% of GDP and employ 59% of the workforce. This paper studies on the growth of private limited companies in Perak, Malaysia in terms of sales, total assets, profit, cashflow and number of employees.
Keywords: SME, Private Limited Companies, Growth, Sales, Total Assets and Profit
[1]. Ahire S, Golhar L, and Damodar Y (1996) Quality management in large versus small firms. Journal of Small Business Management vol. 34: 1-15.
[2]. Akyuz G.A, Erkan T.E (2009) Supply chain performance measurement: a literature review. International Journal of Production Research vol. 35: 1-19.
[3]. Andersen B, Jordan P, (1998) Setting up a performance benchmarking network Production Planning and Control vol. 9: 13-19.
[4]. Atkinson A, Waterhouse J.H (1997) A Stakeholder Approach to Strategic Performance Measurement. Sloan Management Review vol. 38: 25-37.
[5]. Bauly J.A (1994) Measures of performance. World Class Design to Manufacture, vol. 1: 37-40. .
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| Paper Type | : | Research Paper |
| Title | : | Mobile Technology and Poverty Reduction In Zambia: A SWOT Analysis |
| Country | : | Zambia |
| Authors | : | Edna Kabala || Venkatesh Seshamani |
Abstract: Pervasive income and non-income poverty is the foremost issue of developmental concern in Zambia.Poverty is particularly pronounced in the rural areas, in the provinces off the line of rail, among farmers, female-headed households and households headed by those with little or no education. One of the major causes of income poverty in Zambia is financial exclusion of the poor. Mobile money technology has proved to be successful in enhancing financial inclusion and thereby reducing poverty in countries such as Kenya. A SWOT analysis shows that Zambia can replicate the mobile money model of Kenya and achieve poverty reduction.
Keywords: Mobile money, Income poverty, Financial inclusion and exclusion, M-PESA, SWOT analysis
[1]. Aduda, J. and E. Kalunda. (2012). "Financial Inclusion and Financial Sector Stability with Reference to Kenya: A Review of Literature", Journal of Applied Finance & Banking, 2(6):95-120. Available at: http:/ /www. scienpress. com/Upload/ JAFB/Vol%202_6_8.pdf.
[2]. African Development Bank. (2013). Financial Inclusion and Integration through Mobile Payments and Transfer. African Development Bank Group. Available at:http://www. afdb.org/ fileadmin/uploads/afdb/ Documents /Project-and-Operations/ Financial_Inclusion_and_Integration_through_Mobile_Payments_and_Transfer.pdf.
[3]. African Development Bank, Organization for Economic Corporation and Development and United Nations Development Program. (2015). African Economic Outlook, Available at: http:/ /www. Africane conomi coutlook.org/fileadmin/ uploads/aeo/2015 /CN_data/CN_Long_EN/ Zambia_GB_2015.pdf.
[4]. Aron, J. (2015). "Leapfrogging: A Survey of the Nature and Economic Implications of Mobile Money", Oxford Martin School. Available at: http://www.sbs.ox.ac.uk/sites/default/files/research-projects/mobile-money/mobile-survey-leapfrogging-3.pdf. .