C. Belford; D. Huang; E. Ceesay; Y.N. Ahmed; R.H. Jonga
Abstract
West Africa is vulnerable to the effects of climate change. This paper analyzed the impacts of climate change on economic growth in Anglophone West Africa with similar background, during the periods 1969-2016. Five growth model equations have been developed to incorporate climate change variables into ...
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West Africa is vulnerable to the effects of climate change. This paper analyzed the impacts of climate change on economic growth in Anglophone West Africa with similar background, during the periods 1969-2016. Five growth model equations have been developed to incorporate climate change variables into the model. Panel data estimations such as the fixed effect model, random effect model and Hausman test were used. The results generated show that four equations required the use of the fixed effect, the agriculture equation model required the use of the random effect model. In the fixed effect models, the results show that the growth of human capital has a negative (-0.08 and -0.23) and significant (0.09* and 0.023*) impact on the growth rate of the services and manufacturing sectors. In Anglophone West African countries, the growth rate of the agriculture sector and temperature are statistically significant (0.008 ** and 0.089*) and have a negative impact (-2.04 and -17.7) on the growth rate of GDP. In the random effect model for agriculture, the growth rate of rainfall has the highest impact on the growth of agriculture in Anglophone West Africa than the impact of temperature on the region. Lack of sufficient rainfall reduces the growth of the agriculture sector. In relative terms, change in rainfall pattern is more harmful to agriculture in comparison to the change in temperature in this region. The consequences of climate change in the region are sluggish economic performance and growth, underdevelopment, poverty, and human misery.
M. Shirafkanlamso; P. Mohammadzadeh; D. Behboudi
Abstract
Optimal housing selection is one of the most important challenges in housing demand, which most people, especially housing investors, are facing. Although there is an overall agreement on the importance of the budget role on choosing the house, the model that uniquely measures the role and impact of ...
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Optimal housing selection is one of the most important challenges in housing demand, which most people, especially housing investors, are facing. Although there is an overall agreement on the importance of the budget role on choosing the house, the model that uniquely measures the role and impact of all the factors of investment demand for housing has not been presented and no clear explanation is made. Considering the central role of budget constraints, behavioral and control factors in investment demand, this research carried out in the framework of the qualitative (method of data research method) and quantitative (polynomial logistic method) approach to explaining the mental pattern of investment demand for housing in Tabriz. The data were obtained from semi-structured interviews of 12 experts familiar with the issues of housing capital and distributing a questionnaire among 720 households in Tabriz. The result revealed 250 code, 20 concepts, and 4 categories, based on which the qualitative research model was designed. Also, the results of estimating the logit model using the STATA software indicate that important factors such as welfare and comfort aspects with a coefficient of 0.8292, access to urban services with a coefficient of 0.2287 and proximity to relatives with the coefficient of 0.2199 have had a positive and significant effect on the capital investment demand. But the close proximity of the household header with the coefficient of -0.2014 has a negative impact on the choice of housing capital.
T.M. Kusuma; A.A.I.N. Marhaeni
Abstract
This study aims to analyze: 1) the development of demand for craft SMIs products through the use of e-commerce, 2) the effect of e-commerce utilization, macroeconomic conditions, prices, and the intensity of promotion on product demand, 3) the effect of e-commerce utilization, macroeconomic conditions, ...
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This study aims to analyze: 1) the development of demand for craft SMIs products through the use of e-commerce, 2) the effect of e-commerce utilization, macroeconomic conditions, prices, and the intensity of promotion on product demand, 3) the effect of e-commerce utilization, macroeconomic conditions, prices, promotion intensity, and product demand for performance; and 4) the role of product demand in mediating the effect of e-commerce utilization, macroeconomic conditions, prices, and the intensity of promotion on performance. The results of the study show that the product demand variable gives a value of 0.371 while influence of the business performance variable gives a value of 0.486. The results of the study show that the development of demand for handicraft products in Denpasar through low e-commerce utilization, craft SMIs that utilize e-commerce demand more products than those who do not utilize, macroeconomic conditions have a positive and significant effect on product demand, the price has a negative effect and significant to product demand, while promotion intensity has a positive but not significant effect on product demand. Crafting SMIs that utilize e-commerce have better performance than those that do not use, macroeconomic conditions, prices, and product demand have a positive and significant effect on performance. Promotion intensity has a positive but not significant effect on performance.Product demand variables mediate the effect of e-commerce utilization variables, perceptions of macroeconomic conditions, and price variables on the performance variables of small and medium scale industries
A. Mohammadi; S. Maroofi
Abstract
Urban branding, as a new approach toward urban development, improves marketing of the city image in different ways by changing the visual image of the city into a brand image. This paper aims to survey the element of urban branding strategies in Iranian cities by examining the criteria of urban branding ...
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Urban branding, as a new approach toward urban development, improves marketing of the city image in different ways by changing the visual image of the city into a brand image. This paper aims to survey the element of urban branding strategies in Iranian cities by examining the criteria of urban branding theory in Iranian cities. The main goal of this investigation is to describe how the cities become branded, how branding succeeds, and how a viable city image is created. This study is an applied research and descriptive-analytical method conducted in five steps: 1) identifying the study area, 2) identifying economical capabilities of branding in study area, 3) identifying the spatial level of potential using a specific questionnaire, 4) selecting the capabilities with a higher average score as superior capabilities for strategic planning, and 5) performing a strategic planning. The paper explores the concept of urban branding from theoretical, analytical, and practical viewpoints. In practical terms, a questionnaire is administrated to planners and designers to identify the stages by which an Iranian city (Qazvin) might be effectively branded. The results showed that the QPSM method and its integration with the SWOT method have a high ability to extract urban branding strategies and can be used in this field.
A. Abedi; M. Jafari
Abstract
As the customers are the main reason of the formation and survival of the organization, not only understanding their obvious needs, but also forecasting, determining and guiding their hidden needs, design and implementing plans of offering services for meeting these needs for attracting customers are ...
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As the customers are the main reason of the formation and survival of the organization, not only understanding their obvious needs, but also forecasting, determining and guiding their hidden needs, design and implementing plans of offering services for meeting these needs for attracting customers are among cornerstone of any activity in the organization. In this research, one compares the performance of e-commerce organizations, including three firms, namely Dijikala, Bamilo and Iranian regarding the implementation of Customer Relationship Management system using multiple criteria decision making approach. Along with this, hybrid fuzzy multiple criteria decision-making approach, including fuzzy network analysis has been used for examining the priority of each one of the dimensions and indexes of the proposed model and fuzzy TOPSIS technic for examining discussed options priority. The statistical population of this paper includes 12 experts, including directors and managements and assistances of three e-commerce firms. The results obtained from the study show that customer output group has the highest weight among other variables. Similarly, among evaluated indexes, the customer loyalty dimension has the highest weight in the implementation of Customer Relationship Management. The results of TOPSIS approach also show that among the studied firms, Dijikala has the best performance in implementing Customer Relationship Management.
K. Kennedy; F. Nourzad
Abstract
This paper investigates empirically the effect of volatility of the exchange rate of the U.S. dollar vis-à-vis the euro on U.S. stock market volatility while controlling for a number of drivers of stock return volatility. Using a GARCH(1, 1) model and using weekly data covering the period from ...
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This paper investigates empirically the effect of volatility of the exchange rate of the U.S. dollar vis-à-vis the euro on U.S. stock market volatility while controlling for a number of drivers of stock return volatility. Using a GARCH(1, 1) model and using weekly data covering the period from the week of January 1, 1999 through the week of January 25, 2010, it is found that the 9/11 terrorist attack, bear markets, fluctuations in jobless claims, and negative equity market returns increase financial volatility. On the other hand, no conclusive results are found regarding the effect of fluctuations in M2, or incorrect expectations of changes in the federal funds target rate. Finally, it is found that when major drivers of financial volatility are controlled for, increased exchange rate volatility exerts a positive and statistically significant effect on the volatility of stock returns. Monetary policymakers need to take this effect into account when formulating exchange rate actions within the prevailing managed float.
