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Book part
Publication date: 6 February 2023

Nilendu Chatterjee and Tonmoy Chatterjee

The present chapter throws light on the famous and very important issue of using eco-friendly, pollution free technology, named as ‘green technology’ or ‘green capital’ by…

Abstract

The present chapter throws light on the famous and very important issue of using eco-friendly, pollution free technology, named as ‘green technology’ or ‘green capital’ by developing economies in the sphere of environmental economics by using general equilibrium framework and tries to examine its impact on different polluting and non-polluting sectors of the economy. The present chapter has done so by using the concepts of ‘regime change’ and ‘endogenised green capital’ – these are the unique features of this work. Here, the authors have come across interesting outcomes by encompassing trade liberalisation in the form of international green capital immobility and international green capital mobility and it leads to an expansion of the sector that utilises it.

Details

The Impact of Environmental Emissions and Aggregate Economic Activity on Industry: Theoretical and Empirical Perspectives
Type: Book
ISBN: 978-1-80382-577-9

Keywords

Book part
Publication date: 28 May 2024

Nilendu Chatterjee and Tonmoy Chatterjee

International business, environmental issues along with economic growth are the three of the most important aspects of development economics. One cannot deny the fact that a…

Abstract

International business, environmental issues along with economic growth are the three of the most important aspects of development economics. One cannot deny the fact that a nation, in modern globalized world, cannot achieve high growth without getting into trade with rest of the world as well as without hurting the environment. Nations should not forget the fact that we are in the process of achieving Sustainable Development Goals which we have imposed upon ourselves for the sake of a safe world. BRICS nations are five such nations which not only account for more than 30% of the world's output but also have around 41% population. These features coupled with high growth rates of these nations make them the emerging economies with high chances to dominate the world economy in nearing decades. In this study, by the help of simultaneous equation model and panel data analysis, we have seen how far these three important issues are influenced by one another and related variables in these five nations. We have found that both gross domestic product (GDP) and trade-related variables have been influential upon one another. But these variables getting influenced by emission as well as influencing emission are areas of worries. Good economic growth coupled with safe environment in a globalized world is what we desire for which BRICS economies need to implement certain policies that would ensure their dominance in the world economy and save the environment.

Book part
Publication date: 28 November 2024

Patricia Ahmed, Rebecca Jean Emigh and Dylan Riley

A “state-driven” approach suggests that colonists use census categories to rule. However, a “society-driven” approach suggests that this state-driven perspective confers too much…

Abstract

A “state-driven” approach suggests that colonists use census categories to rule. However, a “society-driven” approach suggests that this state-driven perspective confers too much power upon states. A third approach views census-taking and official categorization as a product of state–society interaction that depends upon: (a) the population's lay categories, (b) information intellectuals' ability to take up and transform these lay categories, and (c) the balance of power between social and state actors. We evaluate the above positions by analyzing official records, key texts, travelogues, and statistical memoirs from three key periods in India: Indus Valley civilization through classical Gupta rule (ca. 3300 BCE–700 CE), the “medieval” period (ca. 700–1700 CE), and East India Company (EIC) rule (1757–1857 CE), using historical narrative. We show that information gathering early in the first period was society driven; however, over time, a strong interactive pattern emerged. Scribes (information intellectuals) increased their social status and power (thus, shifting the balance of power) by drawing on caste categories (lay categories) and incorporating them into official information gathering. This intensification of interactive information gathering allowed the Mughals, the EIC, and finally British direct rule officials to collect large quantities of information. Our evidence thus suggests that the intensification of state–society interactions over time laid the groundwork for the success of the direct rule British censuses. It also suggests that any transformative effect of these censuses lay in this interactive pattern, not in the strength of the British colonial state.

Details

Elites, Nonelites, and Power
Type: Book
ISBN: 978-1-83797-583-9

Keywords

Article
Publication date: 2 October 2018

Dipankar Bose, A.K. Chatterjee and Samir Barman

Process flexibility (PF) is seen as a hedging instrument against demand uncertainty. This paper aims to examine capacity decisions for both flexible and dedicated processes under…

259

Abstract

Purpose

Process flexibility (PF) is seen as a hedging instrument against demand uncertainty. This paper aims to examine capacity decisions for both flexible and dedicated processes under production policies such as make-to-order and make-to-stock. The study identifies some relative benefits, in terms of expected profit, of the process flexible plant over the dedicated ones. Furthermore, the advantage appears to be contingent upon the decision on the preset service level.

Design/methodology/approach

Using the sample-based optimization procedure, a detailed computational analysis is undertaken to identify the conditions under which a flexible plant is preferred over a dedicated plant. A combination of genetic algorithm and sample-based optimization procedure is used to capture the effects of preset service level. The factors controlled in this paper include the demand variance, demand correlation, capacity investment cost and the product price.

Findings

According to this study, in a dedicated process changing to a flexible process is not justified for the same level of demand correlation even with high demand variance. In fact, a strict control on the preset service level prefers the dedicated strategy. The advantage of a flexible plant increases as the demand correlation decreases, product price decreases, price asymmetry increases or capacity investment cost increases. With a preset service level constraint, a flexible process should be preferred to a dedicated one only when the capacity investment cost is high or the products have low contribution margins.

Originality/value

The PF index is introduced in this paper to measure the benefit of a flexible plant over a group of dedicated plants. The benefits were found to be contingent upon the decision on the required service level.

Details

Journal of Modelling in Management, vol. 13 no. 3
Type: Research Article
ISSN: 1746-5664

Keywords

Book part
Publication date: 18 May 2021

Judy Rollins

Abstract

Details

‘Purpose-built’ Art in Hospitals: Art with Intent
Type: Book
ISBN: 978-1-83909-681-5

Article
Publication date: 25 May 2021

Sheshadri Chatterjee, Ranjan Chaudhuri, Alkis Thrassou and Georgia Sakka

The purpose of this study is to empirically examine the impact of Indian firms' intellectual capital on firm performance, as well as the moderating effects of age and gender…

942

Abstract

Purpose

The purpose of this study is to empirically examine the impact of Indian firms' intellectual capital on firm performance, as well as the moderating effects of age and gender therein.

Design/methodology/approach

The research initially develops a theoretical model, through extant works and theories, which is subsequently empirically validated using the partial least square structural equation modeling technique with 328 respondents from 12 Indian firms.

Findings

The study concludes that specific dimensions of firms' intellectual capital, including structural capital, human capital and customer capital, positively and significantly impact firm performance, which in turn provides the firm competitive advantages. The study also finds that there are significant moderating effects of age and gender on the relationship between firm's intellectual capital and firm performance.

Research limitations/implications

Further to its evident contribution to scholarly knowledge and its provision of a validated model, which could be used in other emerging and developed markets as well, the research provides valuable practicable directions to firm executives regarding the importance and utilization of the structural, human and customer capital in improving firm performance and strengthening its competitive edge.

Originality/value

The study adds valuable knowledge to the body of literature on intellectual capital, through its explicit empirical findings, as well as through its focus on the significant emerging market of India.

Details

Journal of Intellectual Capital, vol. 23 no. 1
Type: Research Article
ISSN: 1469-1930

Keywords

Abstract

Details

Painting
Type: Book
ISBN: 978-1-80455-355-8

Article
Publication date: 7 March 2018

Tirthankar Nag and Chanchal Chatterjee

Indian and Chinese businesses are slowly making advances in each other’s markets. The purpose of this study was to understand factors that influence the business environment of a…

711

Abstract

Purpose

Indian and Chinese businesses are slowly making advances in each other’s markets. The purpose of this study was to understand factors that influence the business environment of a country and how does it compare between India and China.

Design/methodology/approach

The study uses firm-level survey data from the World Bank’s Enterprise Surveys. The study considered survey data for 2,700 Chinese firms and 9,281 Indian firms. Exploratory factor analysis and structural equation modeling were used to analyze the factors that drive the business environment in both countries and why differences appear.

Findings

The data set reveals different factor structures for India and China. Across both the countries, infrastructure support and governance play a major role in shaping the business landscape, though in the case of India, regulatory dynamics play a crucial role. The study concludes that these differences drive the basic difference in business environment across both countries.

Research limitations/implications

The study considers only the formal sector, and informal businesses have been left out because of paucity of data. The dynamics of informal business sector can be considered for future studies.

Practical implications

While making market entry or investment decisions globally, businesses can analyze country-specific environmental factors through this framework. As the study is based on the perceptions of businesses, policy-makers can also focus on these factors to attract businesses to specific countries or regions.

Originality/value

The study is an original research study. The study adds to the existing academic literature and is expected to help policy-makers and senior managers in focusing on specific aspects of business environment when developing policies or taking market entry decisions.

Details

Journal of Indian Business Research, vol. 10 no. 4
Type: Research Article
ISSN: 1755-4195

Keywords

Article
Publication date: 23 July 2020

Krishna Kant Dwivedi, Achintya Kumar Pramanick, Malay Kumar Karmakar and Pradip Kumar Chatterjee

The purpose of this paper is to perform the computational fluid dynamics (CFD) simulation with experimental validation to investigate the particle segregation effect in abrupt and…

263

Abstract

Purpose

The purpose of this paper is to perform the computational fluid dynamics (CFD) simulation with experimental validation to investigate the particle segregation effect in abrupt and smooth shapes circulating fluidized bed (CFB) risers.

Design/methodology/approach

The experimental investigations were carried out in lab-scale CFB systems and the CFD simulations were performed by using commercial software BARRACUDA. Special attention was paid to investigate the gas-particle flow behavior at the top of the riser with three different superficial velocities, namely, 4, 6 and 7.7 m/s. Here, a CFD-based noble simulation approach called multi-phase particle in cell (MP-PIC) was used to investigate the effect of traditional drag models (Wen-Yu, Ergun, Wen-Yu-Ergun and Richardson-Davidson-Harrison) on particle flow characteristics in CFB riser.

Findings

Findings from the experimentations revealed that the increase in gas velocity leads to decrease the mixing index inside the riser. Moreover, the solid holdup found more in abrupt riser than smooth riser at the constant gas velocity. Despite the more experimental investigations, the findings with CFD simulations revealed that the MP-PIC approach, which was combined with different drag models could be more effective for the practical (industrial) design of CFB riser. Well agreement was found between the simulation and experimental outputs. The simulation work was compared with experimental data, which shows the good agreement (<4%).

Originality/value

The experimental and simulation study performed in this research study constitutes an easy-to-use with different drag coefficient. The proposed MP-PIC model is more effective for large particles fluidized bed, which can be helpful for further research on industrial gas-particle fluidized bed reactors. This study is expected to give throughout the analysis of CFB hydrodynamics with further exploration of overall fluidization.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 31 no. 4
Type: Research Article
ISSN: 0961-5539

Keywords

Book part
Publication date: 17 May 2024

Arnab Mahapatra and Soumyananda Dinda

The incidence of the COVID-19 pandemic has come as a big blow to every dimension of any economy. It disrupts the usual constructs and functioning of economies across the globe…

Abstract

The incidence of the COVID-19 pandemic has come as a big blow to every dimension of any economy. It disrupts the usual constructs and functioning of economies across the globe. Different macroeconomic variables such as income, employment, etc. have been in shambles because of the unprecedented pandemic. Such a situation needs an alternative thought to turn around everything, and circular economic approach indeed is a potent tool to weather this tumultuous situation. Circular economic framework facilitates recycling and reusing of wastes discarded. Because of various activities, wastes are generated, and if products could be generated out of wastes through a system, it would be beneficial to economies as this ensures the judicious utilisation of resources. Recycling, refurbishing and reducing are three important pillars of the circular economic framework, where product lifecycle gets extended and prudent use of existing resources can be possible. The usage of resources even out of wastes stands out to be a game changer in terms of sustainability of environment. The alternative usage of resources in this way creates alternative employment opportunities. The extension of product lifecycle through recycling and reusing creates alternative rooms for employment, giving ample opportunities for sustainable development. It leads to market creation for waste products. Such a circular economy approach, paving the way for alternative employment generation, leads to sustainable development. The present work tries to re-examine the efficacy of the circular economic framework and its resilience in the context of the unprecedented pandemic in terms of providing alternative employment opportunities. It attempts to underscore how circular economic construct positively impacts prudent use of resources through alternative employment generation in pandemic.

Details

International Trade, Economic Crisis and the Sustainable Development Goals
Type: Book
ISBN: 978-1-83753-587-3

Keywords

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