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Article
Publication date: 29 August 2024

Alok Ranjan Mohanty, Narayan Chandra Nayak and Bimal Kishore Sahoo

Despite India achieving many milestones under MGNREGA, the external and internal shocks result in below potential outcomes in employment demand and generation. This study examines…

Abstract

Purpose

Despite India achieving many milestones under MGNREGA, the external and internal shocks result in below potential outcomes in employment demand and generation. This study examines how these shocks matter and how the migration-prone regions perform.

Design/methodology/approach

This study, employing district-level data from 2018 to 2021, investigates how climate change and COVID-19 have affected the employment demand and supply. We applied RE-GLS and IV-2SLS regressions to examine the effects of shocks on employment demand and generation, respectively. The difference in difference panel model is employed to test the spatial effects of the pandemic. Further, we used RE-GLS and extended regression model to examine how external shocks interacting with migration affect unemployment rates.

Findings

It was found that the pandemic increased employment demand and generation. This reflects the adverse effects of the pandemic and the swift action by the government. However, the responses were possibly different during climate shocks. The wage differential increased employment demand. However, demand decreased due to poor support from the support staff. The employment generation was higher in migration-prone districts, indicating that seasonal migration, being a lean-season phenomenon, continues to occur despite employment generation.

Originality/value

This study contributes to the literature in several ways. It captures spatial variations while examining the impact of climate change and COVID-19. It investigates the performance of MGNREGA in migration-prone areas. In effect, the findings provide policymakers with greater insight into the issues.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-02-2024-0132.

Details

International Journal of Social Economics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 7 August 2023

Sunil Sangwan, Narayan Chandra Nayak and Vikas Sangwan

Regulation is critical for sustainable microfinance sector growth. Under this premise, the study aims to examine the different regulatory noncompliance (RNC) practices prevalent…

Abstract

Purpose

Regulation is critical for sustainable microfinance sector growth. Under this premise, the study aims to examine the different regulatory noncompliance (RNC) practices prevalent in the operations of microfinance institutions (MFIs) at the ground level.

Design/methodology/approach

Both the quantitative and qualitative (observations, interviews and focus group discussions) techniques are used to extract the findings.

Findings

The study highlights the different RNC practices exercised by the loan officers at the field level in their microfinance loan disbursements.

Originality/value

This study is based on the primary data collected from microfinance clients. The arguments put forth for the RNC practices are extracted from direct personal interviews with the loan officers and the clients. The role of various dilemmas/circumstances of the loan officers and the beneficiaries that implicate the MFIs in RNC is highlighted.

Details

Journal of Financial Regulation and Compliance, vol. 31 no. 5
Type: Research Article
ISSN: 1358-1988

Keywords

Article
Publication date: 16 July 2020

Sunil Sangwan and Narayan Chandra Nayak

The purpose of this paper is to analyze the impact of the cost of microfinance intermediation on borrowers’ loan size. The identified transaction cost and credit risk factors tell…

Abstract

Purpose

The purpose of this paper is to analyze the impact of the cost of microfinance intermediation on borrowers’ loan size. The identified transaction cost and credit risk factors tell about what a lender takes into accounts while screening and allocating loan amounts to the borrowers, where the lender has limited information about the client’s ability to repay.

Design/methodology/approach

The analysis is based on the primary data collected from a sample of 498 microfinance institutions (MFI) linked group clients covering two microfinance leading states of India.

Findings

Empirical findings suggest that the cost of microfinance intermediation has an impact on borrowers’ loan size. To reduce the cost, the MFIs lend big loans to clients having a high income, assets, land size, lower informal borrowings and having longer loan experiences. In MFI lending, the younger and less educated people are the ones who demand bigger loan amounts. The geographical distance of borrowers’ location from MFI offices, group size and interest rate are the other factors that influence the loan size.

Originality/value

The past empirical works seem to have not focused on how the cost of microfinance intermediation creates loan size variation among the borrowers in joint liability group lending. The endogeneity problem has not been resolved. The present article thus identifies the factors that influence the individual member loan size by using two-stage least squared regression to tackle the issue of endogeneity.

Details

Journal of Financial Economic Policy, vol. 13 no. 2
Type: Research Article
ISSN: 1757-6385

Keywords

Article
Publication date: 3 July 2020

Jyotirmayee Satapathy, Narayan Chandra Nayak and Jitendra Mahakud

The welfare impacts of the food security on the beneficiaries can be understood from multiple dimensions. This paper, thus, examines the impact of the India's National Food…

Abstract

Purpose

The welfare impacts of the food security on the beneficiaries can be understood from multiple dimensions. This paper, thus, examines the impact of the India's National Food Security Act (NFSA) on the welfare of the beneficiary households from a multidimensional perspective.

Design/methodology/approach

The study is based on a sample household survey covering three different states of India. The stratified random sampling technique was used to select the states, districts and blocks. Sample villages and households were selected purposively. A total of 1,523 households comprising 1,069 beneficiary and 454 non-beneficiary households constituted the sample. In order to find out the impact of the programme on different dimensions of welfare, the endogenous switching regression model is employed as it helps control for any absence of randomization and the unobserved heterogeneity bias. Propensity score matching is also employed to supplement the results.

Findings

The substitution effect and income effect of the food subsidy policy combined improve the overall welfare of the households presented through the subjective measures of food consumption behaviour, income transfer and educational achievements. The bargaining effect of the food subsidy programme is reflected in the enhanced social status and women's empowerment. The food security programme seems to augment the food consumption of the beneficiaries as observed from the food consumption score.

Research limitations/implications

The food security policy has improved the overall welfare of the households and can play a major role in enhancing household welfare even further. The non-beneficiaries' welfare could have increased if they would have been included in the food security programme. The subjective assessment may, however, be subjected to personal biases, and there is also absence of a common reference point. Hence, the implications of the findings may be generalized with caution.

Originality/value

This study provides evidences of the impacts of food subsidy from a multidimensional standpoint considering both subjective and objective dimensions of household welfare.

Details

International Journal of Social Economics, vol. 47 no. 7
Type: Research Article
ISSN: 0306-8293

Keywords

Abstract

Details

Change Management for Organizations
Type: Book
ISBN: 978-1-78714-119-3

Book part
Publication date: 18 February 2022

Ramesh Chandra Das and Aloka Nayak

There have been increasing numbers of studies on the role of energy and environmental pollution upon income of the economies across the countries after the development of the…

Abstract

There have been increasing numbers of studies on the role of energy and environmental pollution upon income of the economies across the countries after the development of the endogenous growth literature. As standard practice, the factors which make explanations of why the developed countries are growing more compared to the common list of developing countries are the knowledge capital, role of institutions, etc. But, the roles of energy use and environmental resources upon economic growth have also been identified as additional source of endogenous growth. Sometimes, in certain economies, it is observed that both the factors maintain bidirectional causal relations with the level and growth of income. The present chapter aims to investigate whether energy use and environmental pollution make a cause to the level of income measured by gross domestic product, in both the long run and short run, for the world's highly developing group of economies in the nomenclature of BRICS. The period of study is taken to be 1990–2016 for which the data on all the indicators are available for the five member countries of the group. Using a VAR model, the study arrives at the conclusion that all the three are cointegrated for Brazil and Russia only. Further, there are short-run causal interplays among the three in different combinations across the member countries. While GDP and energy use are the common cause of CO2 emission for Brazil, India, and China; energy use and CO2 emissions are to GDP in India, South Africa, and China.

Details

Multidimensional Strategic Outlook on Global Competitive Energy Economics and Finance
Type: Book
ISBN: 978-1-80117-899-0

Keywords

Book part
Publication date: 6 February 2023

Imran Hussain, Swarup Samanta and Ramesh Chandra Das

Higher economic output as measured in gross national product (GNP) may not always imply a higher quality of living. It has been the outcome of the long debate between growth and…

Abstract

Higher economic output as measured in gross national product (GNP) may not always imply a higher quality of living. It has been the outcome of the long debate between growth and development of a nation. The aims of economic growth should be reconsidered because it has polluted the environment, wasted natural resources, harmed people’s quality of life, and failed to alleviate socioeconomic problems. It is also a common phenomenon to the economies of the South Asian region. The study is thus conducted to show the existence of long-run relationship and short-run interplays between output efficiency of energy use (GEU) and carbon efficiency of energy use (CEU) in the panel of countries in the South Asian region for the period of 1971–2014. The results show that there is a long-run and short-run association between energy efficiency in output and carbon emission as respectively measured in GEU and CEU. This means that in South Asia, energy consumption leads to an increase in both gross domestic product and carbon emissions. When GEU is used as the independent variable in vector error correction model (VECM), the result reveals that any short-run disequilibrium from the long-run stable connection will be adjusted over time, and the long-run stable relationship will be restored.

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

Article
Publication date: 28 October 2024

Ruksar Ali, Sujood, Ariba Naz and Mohd Azhar

The purpose of this study is to provide a review of the existing research landscape on work-life balance and women’s career motivation. It examines the relationship between…

Abstract

Purpose

The purpose of this study is to provide a review of the existing research landscape on work-life balance and women’s career motivation. It examines the relationship between work-life balance and career motivation in the context of Indian women. Specifically, it explores how the work-life balance of women influences the motivational aspects of their careers.

Design/methodology/approach

The research uses a systematic literature review to identify and analyze relevant literature on work-life balance and women’s career motivation among Indian women from the Scopus database.

Findings

The study uncovers critical insights into the connection between work-life balance and women’s career decisions. It gives insight on how work-life balance significantly impacts women’s career choices. The SLR reveals a notable and consistent upward trend in the domains of work-life balance and career motivation among women.

Research limitations/implications

The findings of this study can inform organizations in tailoring policies that foster women’s career growth while simultaneously supporting a healthy work-life balance. In addition, the research can empower women to make informed decisions about their careers and personal lives. Ultimately, it contributes to creating a more inclusive and gender-equitable work environment, promoting both women’s career aspirations and their overall well-being.

Originality/value

This research stands out in its examination of the relationship between work-life balance and women’s career motivation, particularly in the unique context of Indian women. While previous studies have explored these topics individually, this research bridges the gap by investigating their interplay. Moreover, the application of a systematic literature review approach to these variables in the context of Indian women represents a novel contribution.

Details

Gender in Management: An International Journal , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1754-2413

Keywords

Article
Publication date: 20 February 2024

Nadia A. Abdelmegeed Abdelwahed, Mohammed A. Al Doghan, Ummi Naiemah Saraih and Bahadur Ali Soomro

Blockchain technology has brought about significant transformation among organizations worldwide. This study aimed to explore the effects of organizational and technological…

Abstract

Purpose

Blockchain technology has brought about significant transformation among organizations worldwide. This study aimed to explore the effects of organizational and technological factors on blockchain technology adoption (BTA) and financial performance (FP) in Pakistan.

Design/methodology/approach

This is a co-relational study which used the cross-sectional data. We gathered the data from the managers of Pakistan’s small and medium-sized enterprises (SMEs), which functioned their industries with blockchain technology. We applied convenience sampling to identify the respondents. Finally, we based this study’s findings on 274 valid cases.

Findings

We used structural equation modeling (SEM) in this study, to exert a positive and significant impact on organizational factors such as organizational innovativeness (OI), organizational learning capability (OLC), top management support (TMS) and organizational work climate (OWC) on BTA. In addition, the technological factors, such as complexity (CTY), technology readiness (TR), compatibility (CBTY) and technology capability (TC), have a positive and significant effect on BTA. Finally, this study’s findings show that BTA positively and significantly impacts FP.

Practical implications

This study’s findings will help policymakers and planners to design policies to adopt other blockchain technologies to improve SMEs’ operations. Moreover, this study’s findings will inspire policymakers and planners to actively seek new ideas, knowledge and skills through acquiring new knowledge to assist with their IT-related decisions.

Originality/value

This study empirically confirms the role of organizational and technology factors toward BTA and FP among Pakistan's SME managers.

Details

Kybernetes, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0368-492X

Keywords

Open Access
Article
Publication date: 8 August 2024

Satya Prasad Padhi

The present paper aims to highlight how manufacturing expansions under conditions of increasing returns, which involve the growth of intermediate goods specializations, support…

Abstract

Purpose

The present paper aims to highlight how manufacturing expansions under conditions of increasing returns, which involve the growth of intermediate goods specializations, support advanced service employment. In addition, the increasing use of manufacturing products in services highlights additional, new service sector employment opportunities.

Design/methodology/approach

This paper investigates (1) the manufacturing and service interactions and (2) the investment behaviour in manufacturing using Auto-Regressive Distributed lags (ARDL) and Vector Autoregressive (VAR) models. The models allow for different specifications to study whether investment behaviour in manufacturing supports dynamic manufacturing and service interactions.

Findings

The results underpin how Kaldorian manufacturing as an engine of growth is still relevant in Indian growth and is key to achieving higher advanced employment, export-orientation and services and manufacturing nexus outcomes. What matters, though, is that manufacturing investments are to be guided mainly by intermediate goods specializations. The slowdown of these specializations, explaining the slowdown of manufacturing investment, is therefore, a concern.

Originality/value

A reinterpretation of manufacturing as an engine of growth in which primacy is given to investment behaviour in technical progress functions that can support the growth of specializations in manufacturing and such specialized service employment.

1 – 10 of 14