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1 – 6 of 6Mubasher Iqbal, Rukhsana Kalim, Shajara Ul-Durar and Arup Varma
This study aims to consider environmental sustainability, a global challenge under the preview of sustainable development goals, highlighting the significance of knowledge economy…
Abstract
Purpose
This study aims to consider environmental sustainability, a global challenge under the preview of sustainable development goals, highlighting the significance of knowledge economy in attaining sustainable aggregate demand behavior globally. For this purpose, 155 countries that have data available from 1995 to 2021 were selected. The purpose of selecting these countries is to test the global responsibility of the knowledge economy to attain environmental sustainability.
Design/methodology/approach
Results are estimated with the help of panel quantile regression. The empirical existence of aggregate demand-based environmental Kuznets curve (EKC) was tested using non-linear tests. Moreover, principal component analysis has been incorporated to construct the knowledge economy index.
Findings
U-shaped aggregate demand-based EKC at global level is validated. However, environmental deterioration increases with an additional escalation after US$497.945m in aggregate demand. As a determinant, the knowledge economy is reducing CO2 emissions. The knowledge economy has played a significant role in global responsibility, shifting the EKC downward and extending the CO2 reduction phase for every selected country. Further, urbanization, energy intensity, financial development and trade openness significantly deteriorate the environmental quality.
Originality/value
This study contains the empirical existence of aggregate demand-based EKC. The role of the knowledge economy is examined through an index which is calculated by using four pillars of the knowledge economy (technology, innovations, education and institutions). This study is based on a combined panel of all the countries for which the data was available.
Noman Arshed and Rukhsana Kalim
This study aims to develop and estimate the Musharaka demand and supply model for full-fledged Islamic banks to explore patterns and stability of Musharaka equilibrium in the…
Abstract
Purpose
This study aims to develop and estimate the Musharaka demand and supply model for full-fledged Islamic banks to explore patterns and stability of Musharaka equilibrium in the market.
Design/methodology/approach
This quantitative study uses a deductive approach to explore financial statement-level data of 30 Islamic banks of six countries between 2012 and 2017.
Findings
The results show that the Musharaka market is stable when Musharaka demand is purchase price elastic and supply is sale price inelastic. It indicates that the current banking industry is unable to increase supply when there is an increase in Musharaka returns. In comparison, industry demand for Musharaka is increasing at a higher rate, corresponding to a decrease in Musharaka price.
Practical Implications
This study is fundamental in estimating the market stable market returns and market quantity of Musharaka financing. If market returns and quantity deviate, market forces will push it to equilibrium.
Originality/value
The theoretical and empirical studies worked on the application and suitability of Musharaka financing. However, they failed to explain demand and supply forces in determining the level of Musharaka financing in the economy using empirical data. Without an equilibrium model, policymakers would be unable to predict the movement of the Islamic stock market index (the price of Musharaka financing) and the incidence of Musharaka financing. Further, it is not possible to apply expansionary intervention by policymakers if the stability of the market is unknown.
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Mubasher Iqbal, Rukhsana Kalim and Noman Arshed
This study has incorporated competitiveness by considering it a significant factor behind determining as well as moderating industrial value added in the environmental Kuznets…
Abstract
Purpose
This study has incorporated competitiveness by considering it a significant factor behind determining as well as moderating industrial value added in the environmental Kuznets curve (EKC) framework. This study aims to explore the moderating role of competitiveness policy in EKC with an aim to promote business led sustainability at national level.
Design/methodology/approach
Considering the environmental deterioration aspect of industrialization, this study tests the existence of EKC for SAARC countries using the data from 1996 to 2021 using second-generation static panel data model.
Findings
Estimated results have validated that moderating effect is responsible for improving environmental sustainability in SAARC countries. Furthermore, population density is responsible for increasing while trade openness is responsible for decreasing carbon emissions.
Originality/value
Higher industrial activities are a symbol of upward-moving economic growth. But its other impact is in the form of environmental deterioration. However, the relationship between industrialization and environmental quality can be identified through EKC.
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Zubair Tanveer and Rukhsana Kalim
This study has empirically investigated the impacts of climate change on agricultural productivity worldwide, considering the ranking of agriculture productivity. Additionally…
Abstract
Purpose
This study has empirically investigated the impacts of climate change on agricultural productivity worldwide, considering the ranking of agriculture productivity. Additionally, the study has estimated the extent to which climate change favoured agriculture productivity from a global perspective.
Design/methodology/approach
The study prepared a suitable econometric model and employed the quantile panel Autoregressive Distributed Lag technique with a two-step Error Correction Mechanism to assess the influence of global warming on worldwide agrarian productivity.
Findings
The estimated results provide evidence for the nonlinear impacts of climate change on agriculture productivity across all quantiles. Moreover, threshold levels of average annual temperature rise with the improvement of agricultural productivity, depicting that low-productive areas are highly vulnerable to global warming. Additionally, agricultural inputs like labour, capital and irrigated land are positively related to agricultural productivity, with relatively substantial marginal productivity in highly productive regions. Nevertheless, technological innovations are found to be more productive in low-productive areas.
Practical implications
Policymakers should prioritize region-specific climate-smart agriculture by targeting policies to increase agricultural productivity and minimize the effects of climate change on food security and nutrition.
Originality/value
Despite significant research in this area, there remains a knowledge gap on the nature of this relationship, especially regarding productivity thresholds under warming. The study aims to fill this gap, offering valuable insights to guide policy actions and adaptation strategies to mitigate the adverse impacts of climate change on agriculture productivity.
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Rukhsana Kalim, Noman Arshed and Sadaf Shaheen
In the past few years, the concept of competitiveness developed by the World Economic Forum has become the focal point. Global competitiveness index (GCI) presents the constructs…
Abstract
Purpose
In the past few years, the concept of competitiveness developed by the World Economic Forum has become the focal point. Global competitiveness index (GCI) presents the constructs which are possible means of productivity of the country. The purpose of this study is to explore whether boosting the productivity of agriculture, services and industry sector is the possible channel of competitiveness leading to growth.
Design/methodology/approach
For this, panel GMM moderator model has been used for 16 low-income countries.
Findings
The results indicate that competitiveness helps agriculture and industry sector to become more growth productive, while it reduces the productivity of services sector.
Originality/value
This study urges that the gains from following the competition promotion policies overweigh the costs. Hence, low-income countries can break the low productivity trap.
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Saima Ahmad, Rukhsana Kalim and Ahmad Kaleem
Despite an extensive history of research into workplace bullying and the psychosomatic harm associated with it in western contexts, research into the occurrence and manifestation…
Abstract
Purpose
Despite an extensive history of research into workplace bullying and the psychosomatic harm associated with it in western contexts, research into the occurrence and manifestation of bullying behavior in the academic workplaces of non-western countries is sparse. In response to this gap, the purpose of this paper is to start a research conversation by reporting an empirical enquiry into the occurrence, forms and perceptions of workplace bullying among academics in Pakistan.
Design/methodology/approach
This study was conducted with a representative sample of academics in a large Pakistani province through a cross-sectional survey.
Findings
This study reveals that workplace bullying is prevalent among academics in the Pakistani context, with up to half of them regularly exposed to practices such as excessive work monitoring, undermining of professional competence, lack of recognition of work contributions and obstruction of important work-related matters.
Research limitations/implications
The findings underscore the need for developing broader institutional actions, clear policies and grievance procedures to discourage bullying at work in Pakistan. Higher educational managers will find the results useful for development of anti-bullying policies and codes of conduct.
Originality/value
This is the first study to examine the perceptions, occurrence and demographic risk factors associated with workplace bullying among academics in the Pakistani context.
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