Suchergebnisse

Purpose
The paper aims to analyse the impact of economic and governance factors on remittance inflows to India from the UK, USA and UAE. India is globally recognised as the largest recipient of remittances.


Design/methodology/approach
Using a comprehensive time series data set spanning 1996 to 2022, the authors use an innovative non-linear autoregressive distributed lag model approach to examine the influence of economic growth, corruption control and employer availability in the three source countries on remittance inflows to India.


Findings
The results indicate that in the UAE, changes in economic growth and corruption control directly affect remittance outflows. However, the presence of employers in the UAE has minimal impact on remittance outflows to India. Regarding the UK, fluctuations in economic growth primarily drive remittance outflows to India. The effect of corruption control and employment opportunities on remittance outflows is marginal. In the USA, economic growth does not notably impact remittance outflows, whereas corruption control and employment opportunities significantly influence the outflows to India.


Originality/value
These findings have important implications for policymakers. Analysing macroeconomic factors from key remittance-sending nations offers valuable insights for Indian policymakers and their international counterparts to enhance remittance inflows. The study focuses on three countries that collectively contribute to about 50% of India's remittances, providing a unique contribution compared to the usual country-specific or regional focus in existing literature. Finally, leveraging these findings, NITI Aayog, an organisation dedicated to achieving India's sustainable development goals, can effectively monitor macroeconomic indicators related to significant remittance-sending countries.

PurposeThe purpose of this paper is to empirically analyze the impact of remittance inflows on sustained economic growth in India.Design/methodology/approachThis study has taken a time series dataset for the period of 1976–2021, and a nonlinear autoregressive distributed lag model technique (NARDL) has been applied to check the impact of remittance inflows along with other control variables, including broad money and service sector performance, on the sustained economic growth of India.FindingsThe results of the study indicated that in both the short and long runs, any positive shock in remittance inflows has a positive impact on the economic growth of India, while negative shocks do not affect economic growth.Practical implicationsThe economic policymakers of India can use the findings of the study by implementing remittance-friendly policies. Moreover, NITI Aayog, the body working toward achieving sustainable development goals (SDGs) in India, can also use this study as a reference while making strategies to achieve SDG.Originality/valueEconomic growth has always been an area of interest among economists, researchers and policymakers. However, achieving sustained economic growth requires an analysis of those factors that themselves have sustained performance over a long period of time and have the potential to sustain it over the upcoming years. This study has taken remittance inflows as one such factor and investigated its impact on the sustained economic growth of India. At present, there is an evident gap in the literature that very little attention has been given to sustained Indian economic growth. Moreover, there is no study available in which the nonlinear impact of different variables has been tested on the economic growth of India.

Laws have been so widely drafted that we no longer know what is permissible, writes Imran Khan

IT TOOK THE COURAGE OF ONE BLACK FAMILY TO CHANGE THE PERCEPTIONS OF BRITISH SOCIETY AND EXPOSE THE RACISM AT THE HEART OF THE COUNTRY'S MOST POWERFUL INSTITUTION

Purpose
The purpose of this paper is to investigate the differential influence of buyer and supplier relationship-specific investments (RSI) on a buyer's relationship governance decisions.


Design/methodology/approach
Based on transaction economics and social exchange theories (SET), the authors develop a framework to understand how and when buyer and supplier RSI influence governance decisions. This model was tested using a survey of 301 Information Technology (IT) procurement professionals across a multitude of industries.


Findings
This research shows that buyer and supplier RSI impact governance decisions differently. Supplier investments are positively associated with relationship formalization when goals between both parties are shared. Buyer investments are more strongly related to formalization in technologically uncertain environments.


Originality/value
This research adds to the literature by integrating arguments from both transaction cost and SET to hypothesize why buyer and supplier investments have a differential impact on relationship governance decisions. In line with these arguments, it ultimately demonstrates conditions that render such investments more/less influential.

Purpose
The purpose of this study is to examine the relationship between trade, foreign direct investment (FDI) and income inequality for Commonwealth of Independent States (CIS), using annual data from 1990 to 2016. The study attempts to answer a critical question: does openness affect income distribution?


Design/methodology/approach
The analysis of the model involves the examination of likely non-linear effects of both trade and FDI on income distribution. Therefore, system-generalized method of moments (SYS-GMM) estimator was applied to mitigate the problem of non-linearity and possible endogeneity. In the second stage, the model was extended to test the impact of education on income inequality. The hypothesis is that secondary school enrollment speeds up the process of adoption of contemporary technology and decreases inequality.


Findings
Trade and FDI have significant effects on income inequality when interacted with Gini-index; in case of trade, an inverted U-shaped curve holds as purposed by the trade theory. The components-wise effect of trade was held, except imports from advanced countries was found insignificant. Moreover, results were not found significant in case of human development index. Different results were found when trade and FDI interacted with education, which represents an important channel through which inequality is affected.


Research limitations/implications
The study implies that CIS needs to re-design trade and FDI policies by encouraging trade and FDI inflows into industries and sectors aligned with structural adjustments, domestic industries uplift and investment in social infrastructure.


Originality/value
This is the first study that has examined the impact of openness of income distribution in case of CIS.

This study attempts to explore and interrogate a potential strategy by developing relationship of experiential marketing with customer purchase intention in competitive passenger car market. This study scrutinizes the importance of the experiential marketing approach to the Indian passenger car market from the customer's perspective. Mixed-method research design has been preferred here, an approach increasingly used in social science research. This research design deals with exploratory analysis, followed by quantitative analysis techniques. The interpretive basis for the evaluation has been provided through multiple regression analysis. This study shows that all the structural experiential modules are affecting the customer purchase intention in the automobile (passenger car) market, where feel, think and sense experiences have a strong influence on customer purchase intention. This research is particularly important in determining the effect of experiential marketing on the customer purchase intention with respect to passenger car market. Considering the current economic slowdown where Indian automobile industry is facing a slowdown in sales, the findings of the study can be useful for passenger car companies in developing better marketing strategies.