134 research outputs found

    علامہ سید محمد بن جعفر کتانی: حیات و خدمات: "ALLAMA SYED MUHAMMAD BIN JA'FAR KATTANI: BIOGRAPHY AND CONTRIBUTIONS"

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    This research paper delves into the illustrious legacy of Allama Syed Muhammad bin Ja'far al-Hasani al-Kattani, a prominent figure hailing from the esteemed Kattani family residing in the city of Fes, Morocco. Renowned for their dedication to learning and piety, the Kattani lineage emerged as custodians of Islamic scholarship and culture, inheriting a significant portion of it following the downfall of Al-Andalus, migrating to Morocco and settling in Fes. Allama Syed Muhammad bin Ja'far al-Kattani, commonly known as Allama al-Kattani, was a polymath of exceptional caliber. His multifaceted expertise spanned across exegesis, jurisprudence, hadith, mysticism, historiography, and genealogy. Revered as a prolific author, Allama al-Kattani contributed extensively to the literary landscape, leaving behind a rich corpus of writings encompassing myriad subjects. This paper illuminates Allama al-Kattani's unparalleled contributions to scholarship, emphasizing his profound impact on diverse fields of knowledge. Through a comprehensive examination of his works and scholarly endeavors, this research highlights the profound intellect and erudition of Allama al-Kattani, shedding light on his enduring legacy as a beacon of knowledge and enlightenment in the city of Fes and beyond

    Does sector specific foreign aid matter for fertility? An empirical analysis form Pakistan

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    In the light of previous literature fertility determines different economic, social and program inputs variables. The main object of this study to investigate the impact of sector specific (health and education) foreign aid on fertility in case of Pakistan. For empirical investigation Auto Regressive Distributed Lag Model (ARDL) is used over the period of 1973-2012. The results of the study show that sector specific foreign aid to health and education sector have negative impact on fertility rate in Pakistan. The results show that family planning program inputs are not enough to control population growth in Pakistan

    Poverty, inflation and economic growth: empirical evidence from Pakistan

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    This study aims to investigate the role of economic growth and inflation in explaining the prevalence of poverty in Pakistan. ARDL bound testing approach to co-integration confirms the existence of long run relationship among the variables of poverty, economic growth, inflation, investment and trade openness over the period of 1972-2008. Empirical results show that economic growth and investment have negative and inflation has positive impact on poverty. The effect of trade openness on poverty is insignificant in this study. The short run analysis reveals that economic growth has negative and inflation has positive impact on poverty whereas the role of investment and trade openness in poverty reduction in short run is not significant.Poverty, Inflation, Economic Grovvth, Pakistan, Macroeconomic Policy, Welfare, Trade Openness

    Stunting Syndrome in Pakistani Children: Latest Evidence from PDHS (2017-2018)

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    Malnutrition particularly stunting considered as nutrient deficiency that has adverse effect on the children at micro level and to the nation at macro level. Malnutrition leads the poor physical and mental development of the children which may lead to greater risk of morbidity or critical infection which ultimately greater economic loss of the society. The objective of the current study is to find the factors that may significantly affect the stunting among children. The current study investigates the said phenomenon using the latest wave of PDHS. The logistic regression model is applied to find the determinants of stunting among children. The results show that variables of child and mother characteristics have strong influence on stunting. Additionally the results indicate that children affected with diarrhea have found more likely to be stunted while the wealth effect reduces the likelihood of stunting. The study suggest that proper education facilities should be provided to females to augment awareness and knowledge for proper care of the children and timely vaccination program for the children should be started to protect the children from diseases

    Disaggregated Import Demand Function: A Case Study of Pakistan

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    This study investigates the income and price elasticities of disaggregated import demand function in case of Pakistan. This paper applies the ARDL bound testing approach to co-integration over the time span of 1972-2009. Our empirical findings show that there exists a long run relationship among the variables. The impact on real GDP on import demand of food items is positive. The impact on real GDP on import demand of raw material is positive. The effect of real GDP on import demand of fuel lightening and the lubricants items group is positive. The impact of relative price on import demand of fuel lightening and the lubricants items group is negative. The effect of real GDP on import demand of manufactured items group is positive, but the impact of relative price is negative. Fuel lightening and lubricants items and manufactured items are highly price elastic, while food items and raw material items are price inelastic. The overall results of all the four models indicate that fuel lightening and lubricants items group is more income elastic as compared to the other commodity groups, and the manufactured items group is more price elastic as compared to the other commodity groups. This study also confirms that import demand of all the commodity groups is highly sensitive to changes in real GDP. The government should try to invest in high-tech industry so that in long run imported goods demand may be controlled

    Вплив бізнес-інновацій на розвиток людського потенціалу: емпіричний аналіз міжнародного досвіду

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    У статті узагальнено аргументи та контраргументи у рамках наукової дискусії щодо впливу бізнес-інновацій на розвиток людського потенціалу. Головною метою дослідження є оцінювання впливу ефективності бізнесінновацій на розвиток людського потенціалу в країні. Емпіричний аналіз засновано на панельних даних, сформованих для вибірки зі 129 країн за 2016-2018 роки. Для визначення показників розвитку людського потенціалу використано індекс людського розвитку (ІЛР), що розраховується екпсертами Програми розвитку Організації Об’єднаних Націй (ПРООН). Аналіз рівня ефективності бізнес-інновацій здійснено з використанням глобального індексу підприємництва та розвитку. Авторами зазначено, що застосування даних індексів дозволило здійснити інтегральне оцінювання людського потенціалу. До складу зведеного глобального індексу підприємництва та розвитку включено три субіндекси: поведінковий (свідомість, навички запуску стартапів, рівень ризикованості, нетворкінг, культурна підтримка), здібностний (умови для запуску стартапу, наявні технології виробництва, людські ресурси та рівень конкуренції) та рівень прагнення (наявні промислові інновації, інноваційні методи виробництва, рівень інтернаціоналізації, обсяги ризикованого капіталу). До зведеного індексу людського розвитку включено показники: рівень освіти, рівень добробуту населення та доступ до здорового способу життя. У статті на основі аналізу та узагальнення наукових робіт із досліджуваної тематики сформовано гіпотезу щодо позитивного впливу бізнес-інновацій на розвиток людського потенціалу. Практична реалізація перевірки сформованої гіпотези здійснено з використанням програмного забезпечення EViews. Визначення динаміки даних, а також перевірку на нормальний розподіл здійснено за допомогою діаграми розсіювання. Дисперсію та лінійне відхилення даних перевірено з використанням стандартизованих залишків. Емпіричні результати дослідження підтверджують наявність статистично значущої позитивної кореляції між ефективністю впровадження бізнес-інновацій та розвитком людського потенціалу. Авторами доведено, що зростання активності підприємницької діяльності та поширення бізнес-інновацій призводить до підвищення рівня індексу людського розвитку. У статті розроблено стратегію просування бізнес-інновацій з метою формування сучасних навичок, підвищення професійної кваліфікації та якості життя населення.Role of entrepreneurial innovations for human development is still invisible and subject to be investigated. This study uniquely unfolds the stratums of human development indicators caused by the activities of entrepreneurship. For this very purpose, the study utilizes the panel data of human development and entrepreneurship from 129 countries ranging for the years of 2016 to 2018. The human development has been measured through the human development index (HDI), and this data has been accessed from indicators of United nations development program (UNDP). The data of global entrepreneurial innovations (GEI) has been accessed from the global entrepreneurship and development index (GEDI). Both HDI and GEI comprised of composite indexes. GEI is the composite index with three sub-indices and 14 pillars. The three sub-indices are attitudes, abilities and aspiration. Out of 14 pillars opportunity perception, startup skills, risk acceptance, networking and cultural support are associated with attitudes. Opportunity startup, technology absorption, human capital and competition are associated with abilities while production innovation, process innovation, high growth, internationalization and risk capital are associated with aspiration. Although, the data of the HDI index was initially developed since 1990. However, due to non-availability of GEI data, only three years of panel data were included in the study. HDI comprised of three basic dimensions which include the knowledge, standard of living and healthy life. Based on the literature, the study hypothesized that global entrepreneurship positively affects human development worldwide. This proposed relationship was measured through generalized methods of moments through EViews. The data trend had been measured through a scatter diagram, before measuring the specific relationship among the major variables of the study. Through this test, normality of the data ad outliers was also checked. Data dispersion and linearity was checked through the test of standard residuals. After checking the appropriateness of data, parameters of the study were estimated. Results showed a strong and positive correlation between entrepreneurship and human development. By applying generalized methods of moments, the analysis revealed that entrepreneurial innovations could explain the 68 per cent variation in human development. So, it can be safely said that entrepreneurship is an important cause to enhance the capabilities of humans and can ultimately improve HDI worldwide. It is suggested that the nations who want to improve the skills, capabilities and living standards of humans in their respective regions should devise the strategies to promote the entrepreneurial activities

    A Note on Causal Relationship between FDI and Savings in Bangladesh

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    This paper aims to investigate the causal relationship between foreign direct investment and gross domestic savings in Bangladesh over a period of 1985-2007. In doing so, Johansen cointegration technique and error correction methods are employed to examine the long run and short run relationship between foreign direct investment and gross domestic savings. To determine the direction of causality, we used innovation accounting approach. Results suggest that there exist bi-directional causal relationship between foreign direct investment and gross domestic savings but the movement is stronger from domestic savings to foreign direct investment. The result also implies complimentary relationship between them and as such, policy makers in Bangladesh need to focus on the determinants of both FDI and domestic savings in order to accelerate its growth

    Determinants of Money Demand in Pakistan: Disaggregated Expenditure Approach

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    The main focus of the study is to find the determinants of money demand in Pakistan. We used disaggregated expenditures approach in this regard. To find the co-integration among the variables of the model, Johansen co-integration approach is utilized. The results of the study show that the co-integration exists among the variables of the model. The long run elasticities of the study reveal that money demand is positively and more elastic to investment expenditures, household expenditures and government expenditures respectively. It is less elastic to expenditures on exports and price level in Pakistan. Time trend plays a very significant role in determining the money demand in case of Pakistan. In the short run only one period lagged money demand, investment expenditures and prices are significantly elastic to demand for money. The results of the short run also show the convergence in the long run

    The Impact of Corporate Diversification and Financial Structure on Firm Performance: Evidence from South Asian Countries

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    We examined the impact of corporate diversification and financial structure on the firms’ financial performance. We collected data from 520 manufacturing firms from Pakistan, India, Sri Lanka, and Bangladesh. We used panel data of 14 years from 2004–2017 to analyze the results. We applied a two-step dynamic panel approach to analyze the hypotheses. We found that product diversification and geographic diversification significantly affected the firms’ financial performance. We further found that dividend policy and capital structure had a significant impact on the firm’s financial performance

    MACROECONOMIC DYNAMICS OF FERTILITY IN PAKISTAN

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    This study aims to investigate some socio-economic and demographic determinants of fertility in Pakistan. For this purpose, thirty annual observations were included in the dataset. This annual data was collected from World Development Indicators by World Bank. The study used Ng-Perren unit root test was used to check the stationarity of the time series data and Autoregressive Distributed Lag (ARDL) model was used to check the cointegration. The estimates for Pakistan indicated that income per capita, population density, and female labour force participation rate had negative association with total fertility rate. These estimates were statistically significant at five percent level of significance. The coefficient of child mortality rate indicated that child mortality was statistically insignificant factor in explaining variation in total fertility rate in Pakistan at five percent level of significance. The coefficient of interest rate in the regression of total fertility also lacked statistical significance at five percent significance level. The results of ARDL test of cointegration indicated that all the variables considered in the regression model had long run equilibrium relationship
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