Shekhar Saroj, Rajesh Kumar Shastri, Priyanka Singh, Mano Ashish Tripathi, Sanjukta Dutta and Akriti Chaubey
Human capital is a portfolio of rich skills that the labour possesses. Human capital has attracted significant attention from scholars. Nevertheless, empirical findings on the…
Abstract
Purpose
Human capital is a portfolio of rich skills that the labour possesses. Human capital has attracted significant attention from scholars. Nevertheless, empirical findings on the utility of human capital have often been divided. To address the research gap in the literature, the authors attempt to understand how human capital plays a significant role in financial development and economic growth nexus.
Design/methodology/approach
The authors rely on secondary data published by the World Bank. The authors use econometric tools such as the autoregressive distributive lag (ARDL) model and related statistical tests to study the relationship between human capital, India's financial growth and gross domestic product (GDP) growth.
Findings
Study findings suggest that human capital and financial development contribute significantly to economic growth. Further, the authors found that human capital has a positive and significant moderating effect on the path of joining financial development and economic growth.
Practical implications
The study contributes to the human capital debate. Despite the rich body of literature, the study based on World Bank data confirms the previous findings that investment in human capital is always useful for the financial and economic growth of the nation.
Originality/value
This paper reveals some unique findings regarding effect of financial development and economic growth nexus which opens the window of new dimension to think about their nexus. It also provides a different pathway to foster the economic growth by using human capital and financial development as together, especially in India.
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Parvez Alam, Suprava Jena, Irfan Anjum Badruddin, Tatagar Mohammad Yunus Khan and Sarfaraz Kamangar
This paper aims to study the attenuation and dispersion phenomena of shear waves in anelastic and elastic porous strips. Numerical investigations are performed for the phase and…
Abstract
Purpose
This paper aims to study the attenuation and dispersion phenomena of shear waves in anelastic and elastic porous strips. Numerical investigations are performed for the phase and damped velocity profiles of the wave. For numerical computation purposes, water-saturated limestone and kerosene oil saturated sandstone for the first and second porous strips, respectively. Some other peculiarities have been observed and discussed.
Design/methodology/approach
Dispersion and attenuation characteristic of the shear wave propagations have been studied in an inhomogeneous poro-anelastic strip of finite thickness, which is clamped between an inhomogeneous poroelastic strip of finite thickness and an elastic half-space. Both the strips are initially stressed and the half-space is self-weighted. Analytical methods are used to calculate the interior deformations of the model with the involvement of special functions. The determination of the frequency equation, which includes the Bessel’s and Whittaker functions, has been obtained using the prescribed boundary conditions.
Findings
Impacts of attenuation coefficient, dissipation factor, inhomogeneities, initial stresses, Biot’s gravity, porosity and thickness ratio parameters on the velocity profile of the wave have been demonstrated through the graphical visuals. These parameters are playing an important role and working as a catalyst in affecting the propagation behaviour of the wave.
Originality/value
Inclusion of the concept of doubly layered initially stressed inhomogeneous porous structure of elastic and anelastic medium bedded over a self-weighted half-space medium brings a novelty to the existing literature related to the study of shear wave. It may be helpful to geologists, seismologists and structural engineers in the development of theoretical and practical studies.
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Quynh Tran Xuan, Hanh T.H. Truong and Tri Vo Quang
The purpose of this study is to analyze the effects of integration quality, perceived fluency and assurance quality on brand engagement and trust, and their impacts on brand…
Abstract
Purpose
The purpose of this study is to analyze the effects of integration quality, perceived fluency and assurance quality on brand engagement and trust, and their impacts on brand loyalty in the omnichannel banking setting. It further explores the critical role of personal innovativeness and demographic characteristics as moderating variables for the propositions in the research model.
Design/methodology/approach
An online survey of 1,547 respondents was carried out with bank customers located in the three largest cities of Vietnam, who have already used at least two various transactional channels in the past. The results were analyzed by the partial least square-structural equation modeling (PLS-SEM) technique.
Findings
The findings denote that integration quality, perceived fluency and assurance quality significantly influence brand trust. Whereas, brand engagement is only affected by integration quality and perceived fluency. Further, brand engagement and trust are substantiated as critical drivers of brand loyalty in omnichannel banking. Customers with high personal innovativeness produce fewer effects of omnichannel properties on brand engagement and trust than other ones. The research context is found to be a significant moderator for the effect of perceived fluency on brand engagement.
Practical implications
This study offers several recommendations for bank managers to develop a successful omnichannel strategy that could enhance brand engagement and trust by improving integration quality, maintaining fluency across various channels and assuring security during the transactional process. It suggests various policies to improve the effectiveness of the omnichannel model towards the clients with high innovativeness.
Originality/value
This research extends the social exchange theory (SET) theory by examining the effects of omnichannel properties on brand engagement, trust and loyalty in the banking sector. The moderating role of personal innovativeness and research context is also explored.