38 research outputs found

    Do religious freedom vis-a-vis trade openness affect economic growth?: a cross-country empirical investigation

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    Does religious freedom steer economic growth impact of trade-openness? This paper employs the method of moments-quantile regression to panel data of 117 developed and developing countries to show that countries that accommodate greater liberal religious beliefs enjoy, on average, higher growth in per capita income via deeper trade openness. Empirical results reveal that the dynamic nexus between trade and economic growth across developing countries is subject to the institutional environment. Therefore, results indicate that trade openness favours economic growth when institutional quality improves

    What drives energy consumption in BRICS countries? Evidence from ARDL bounds testing approach

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    Rapid urbanization, openness and growth in human development index are some of the leading determinants of energy consumption in developing countries, particularly in BRICS economies (Brazil, Russia, India, China and South Africa). Thanks to their innate tendency to converge to the growth path of developed nations, BRICS countries are under increasing pressure to limit high energy consumption-triggered by outsourcing from developed nations. This paper attempts to weigh the relative importance of various determinants of energy consumption in BRICS countries between 1980 and 2016, studying in-depth the long-run co-movement pattern of energy consumption with demographic characteristics (depicting demand pressure) and macroeconomic aggregates (depicting cheap production cost). By leveraging on the trade-off between domestic and foreign demand and by employing the autoregressive distributed lag bounds testing approach, we establish differential effects of various predictors: Whilst an increase in population growth rate, gross domestic product and capital account openness exert a positive and significant impact on energy consumption in Brazil, China and South Africa, foreign direct investment (FDI) and human development appear to enhance energy consumption in India, China and South Africa. The growth in external demand and the FDI inflows appear to have pushed urbanization, leading to greater energy consumption during the study period. Keeping in mind the sustainability goal, stronger green energy practices and sustainable urbanization patterns are needed to curb excessive energy sources.</p

    Feeding interventions among cleft lip/palate infants: A systematic review and meta-synthesis

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    Cleft lip and palate (CLP) affect about one baby of every 700 newborn due to alterations in the normal development of the primary and/or secondary palate. The prevalence of clefts in India is between 27,000 and 33,000/year. Searches were undertaken in PubMed, Cochrane database, Web of Science, Scopus, and Google Scholar databases, for primary research studies that report on feeding interventions/feeding techniques/feeding methods, challenges faced by mother/care taker/health personnel as they include most of the publications in this area. Papers were independently reviewed by two authors and Thomas et al's assessment criteria checklist (2003) was used to assess the methodological quality. This systematic review was registered in PROSPERO under number CRD42020208437. The review included 25 studies: 21 quantitative, 2 qualitative, and two mixed methods study, involving 1564 infants and children (age ranging from 1 week to 5 years old) and 790 mothers of Infants with CLP from 13 countries. While comparing the efficacy of the three feeding techniques such as paladai fed, bottle fed, and spoon fed in improving the weight gain pattern the result showed mean weight gain among paladai feeding was better than the bottle or spoon-feeding. Common feeding problems observed were nasal regurgitation, vomiting, and choking, etc. Infants with cleft palate had some major challenges such as aspiration, choking, and inadequate growth. Beyond the esthetic and psychologic implications of the presence of orofacial clefts, the feeding of the child is usually the next concern of the parents and caregivers, a factor which can result in considerable stress to the mother. A prompt diagnosis, especially of a CP, and visit by the cleft team immediately after the birth so that the family can be supported and taught the skills of feeding, is essential

    Nexus between defense expenditure and economic growth in BRIC economies: An empirical investigation

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    This paper considers the defense expenditure and economic growth nexus based on the cross-border problems and increasing geo-political presence for BRIC blocs over the period 1993-2014. Our approach is more methodological in terms of employing Panel cointegration and causality to highlight the fundamental relation between the defense expenditure and economic growth. Here we emphasize various economic considerations in terms of pre and post war, strategic and spatial phenomenon to capture the magnitude of gains from the increased defense spending in the region. We are using panel unit-root; panel cointegration and panel-Granger causality to highlight the fundamental relationship between the variables. We conclude by discussing the issues as well as quantifying the consequences of present geostrategic conditions associated with these economies

    PANDEMICS, LOCKDOWN AND ECONOMIC GROWTH: A REGION-SPECIFIC PERSPECTIVE ON COVID-19

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    This study examines the impacts of COVID-19 induced factors and country specific health-care infrastructure and co-morbid factors on economic growth between January 1, 2021, to May 31, 2021 for 19 South and South-east Asian (SSEA) economies. Our findings indicate that COVID-19 related mortality negates growth, while vaccination and testing have no significant impact on growth during this period. We further quantify the effects by instrumenting government policy measures and vaccination drives in terms of testing, tracking and mortality. Our findings show a negative effect of lockdowns on growth, while vaccination has a positive impact on growth and controls fatality rate considerably

    Pandemics, economy and health in Asia-A scenario of post 2020

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    Utilizing a daily data of 29 Asian Economies from June 2021 to June 2022, this study investigates the impacts of economic growth, health infrastructures and Government measures on COVID-19 cases. Our results demonstrate that GDP, Government intervention, testing and vaccination exert positive impacts on COVID-19 cases. We incorporate factors like weather to know how temperature impacts COVID-19 Cases. Our results demonstrate that magnitude of COVID-19 cases goes on upward fashion in winter days more. With reference to co-morbid conditions like diabetes, we notice that people with diabetes are more vulnerable to the infections, however due to the greater behavioral response, we obtain a negative association between co-morbid conditions and new COVID-19 cases. However, the intensity of COVID-19 cases is decimated with the improvement in health facilities and behavioral changes. Besides basic regression estimates, our instrumental variable estimates hold true in the line of regression results while underlying the relation with the COVID-19 cases. Interestingly, our results from alternate specification ensures that high human development with greater openness has resulted in more COVID-19 cases. Overall, our study belies the fact that vaccination and higher govt intervention can prevent COVID-19. Rather, a comprehensive policy is recommended on cross-country basis to overcome such challenge. • The Study analyzes the relation among COVID-19, economic growth and health infrastructure on a daily basis from June 2021 to June 2022 for 29 Asian Economies • Our empirical strategy involves regression followed by robustness tests of instrumental variable regression model. • Results show that higher growth, human development, lesser vaccination and trivial govt intervention post 2020 have resulted in more COVID-19 cases

    Growth and distribution of microfinance in India: A panel data analysis

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    This paper analyses large panel of Self-Help Group (SHG) financing across 30 Indian states over the period 2007 to 2015. Classifying the panel across four different bank based on financing, we find a significant and positive association of both outstanding loan and savings of SHGs to that of bank financing across the states. Applying panel regression frameworks of both time varying and state specific fixed effects, we have obtained positive association between outstanding loans, savings rate of SHGs to that of bank loans. Our panel model has further confirmed that increases in the number of SHGs have positively influenced the bank loans particularly from public and private sectors over the years. The results thus suggest that financial inclusion drive in India has made financial institutions across the sectors to extend loan for small sector initiatives
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