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Advances and Applications Volume 2
Lehrbuch der professionellen Markenführung
Grundlagen und praktische Anwendungen

Abstract

This paper analyzed the impact of information and communication technology (ICT) and power supply on human capital development in Nigeria as an emerging market economy. The study adopted the Classical Linear Regression Model for the empirical analysis. The result showed that ICT, power supply (proxied by electricity consumption) and population impact positively on human capital development, while infant mortality has a negative impact on human capital development in Nigeria. The impact of ICT on school enrolment suggests that technology is fast evolving and new technologies are preferred to old ones. The study, therefore, recommended that Nigeria should follow in the trend of ICT globally in harnessing her human capital endowments. In conclusion, the Nigerian government should harness her ICT and electric power potentials and develop the human capital available to her to prevent the emigration of her human resource endowment to more resilient and promising economies.

Abstract

This article revisits the link between disaggregated Foreign Direct Investment (FDI) inflows and sectorial growth using the panel dataset of 25 Organisation for Economic Co-operation and Development (OECD) countries for the period 1990 to 2017. It adopted the panel fixed effect and Feasible Generalized Least Squares Approach in its analysis. The findings show that disaggregated FDI inflows have the potential to improve growth in the OECD area with adverse effects on domestic investment and inflationary pressure. Additionally, the results further indicate that disaggregated FDI inflows have a positive and significant relationship on the service and manufacturing sector but with no evidence shown on the agricultural industry. Thus, the study concludes that efficient reallocation of FDI resource(s) among sectors will not only boost output growth but also impact on the real economy. However, the necessary policy strategy to regulate this inflow is vital to mitigate its negative impact on domestic investment and inflation pressure.

Abstract

After 1990, the problem of finding econometric models to assess the influence of economic development on the environment becomes a global goal, a central element of regional, national and Community policies. A perception on the evolution of global climate change and on the impact of human activity on them has been determined by the hypothesis that in the early stages of economic development, pollution and incomes are growing almost simultaneously, and beyond a certain level of incomes, the trend is reversing, therefore at high levels of incomes and economic growth occur improvements in environmental conditions. In this paper, we aim to analyze the relationship between the level of pollution (CO2 emissions) and revenues (GDP per capita) using the Kuznets Environmental Curve (EKC). To apply the econometric model, two indicators were used: CO2 emissions and GDP per capita, using a panel analysis for the period 2000 - 2016, which included 31 European countries and 527 observations. The article contributes to the development of econometric applications based on panel data and the Kuznets Environmental Curve.

Abstract

Capabilities of African businesses in a transformative role in solving the continent‘s challenges are underestimated and misunderstood. This study examined ease of doing business and financial development from a demand following hypothesis in the West African sub-region, employed Structural Equation Model covering the period of 2004 - 2017. Ten ease of doing business indicators and five distinct financial (capital market) development variables from the World Bank database were used. Findings indicate weak demand following the hypothesis of capital market development: positive and negative, depending on the measure of capital market development from the ease of doing business for West African countries majorly because of inadequate electricity. The indirect effect of the construction permit, property registration, access to credit, minority investors‘ protection and cross-border trading are indirectly significant to capital market development while starting a business, tax-paying, contract enforcement and settling insolvency are insignificant. The study recommended roadshow by West African capital markets to improve the listing of companies and the government should improve on the electricity supply.

Abstract

The purpose of this work is to present objectively and documented the evolution of Romania within the Council of Mutual Economic Aid (C.M.E.A. or C.O.M.E.C.O.N.) during 1949-1965. Choosing this period of time is not random: in 1949 COMECON was established at the initiative of Moscow, and the year 1965 represented the peak of the “dissidence” politics of Romania within the Council. The Romanian economy after the Second World War followed largely the same path as the other economies in Eastern Europe that entered the sphere of influence of the Soviet Union. The war and the new international situation in which Romania found itself at its end determined a dramatic rupture with the economic model followed in the interwar period. In the run-up to the end of the world conflict, the main interest of the hegemonic power in Eastern Europe, the Soviet Union, was to benefit from the resources of the countries in the area to compensate for the immense damage caused by the war. The exploitation of Eastern European economies intensified after Moscow became aware of the impossibility of obtaining substantial war reparations from Germany.

Abstract

Boesenbergia rotunda or Temu kunci is a herb belonging to the Zingiberaceae family and wildly cultivated in Malaysia by rhizome. Temu kunci rhizome is commonly used in traditional medicines to cure stomach aches, promote appetite and gout. Due to its potential to be developed as one of Malaysia’s herbal products, information on their agronomic requirements is needed. This study was conducted to investigate the effects of the different combination of the growing medium on B. rotunda growth and yield. Topsoil, peat moss, sand and chicken manure with four different ratios have been used as a planting medium. The potted plant was arranged in a randomised, complete block design with five replicates. The growth parameter was measured during harvesting time. The results showed that there was no significant difference in plant height, number of leaves, tiller number, fresh and dry shoot weight and fresh and dry root and rhizome weight in all treatments. It can be argued that this is because B. rotunda can be grown in different kinds of planting medium. Based on this study, it was suggested that topsoil be used for Temu Kunci planting, since it is easily obtained and requires less money.

Abstract

A field experiment was carried out to investigate the effect of different manures and fertilizers on the growth and yield of knol-khol (Brassica oleracea var. gongylodes) at Dr. Purnendu Gain Field Laboratory of Agrotechnology Discipline, Khulna University, Khulna from November 2014 to February 2015. The single factor experiment comprised of different types of fertilizers and manures viz., T0 (Control), T1 (Recommended doses of NPK), T2 (Cow dung), T3 (Vermicompost), T4 (Poultry manure), T5 (50 % Cow dung + 50 % NPK), T6 (50% Vermicompost + 50% Cow dung), T7 (50% Vermicompost + 50 % Poultry manure) and T8 (25% Cow dung+ 25% Vermicompost+ 25% Poultry manure + 25% NPK). The Experiment was laid out in Randomized Complete Block Design (RCBD) with four replications. The maximum plant height was obtained from the treatment T1 at 25, 35 and 45 Days after transplanting (DAT). The maximum spread of canopy was 36.75 cm, 52.50 cm and 66.05 cm from the treatment T3, T7 and T2, respectively. The maximum economic yield (21.92 t/ha) and biological yield (40.083 t/ha) were found in the treatment T1 and T7, respectively. Highest benefit cost ratio (3.07) was obtained from the treatment T1whilethe minimum (0.57) was obtained from T3 which indicates that high cost of vermicompost affect net return severely. Although, T1 produced maximum benefit cost ratio, the treatment T4 and T2 are very close to T1 and also statistically similar. So, we can consider poultry manure and cow dung for our soil health, environmental benefits and ecological safety.