scholarly journals Role of Governance in Debt-Growth Relationship: Evidence from Panel Data Estimations

2021 ◽  
Vol 13 (11) ◽  
pp. 5954
Author(s):  
Qamar Abbas ◽  
Li Junqing ◽  
Muhammad Ramzan ◽  
Sumbal Fatima

This paper provides an empirical analysis of the relationship between debt and national output mediated by a measure of the quality of state governance. Using WGIs dataset of 106 countries for the period 1996–2015, the paper analyzes the mediated effect of governance on debt-growth relationship. For this purpose, we use the fixed effect (LSDV) and system GMM estimation technique in order to overcome the possible problem of endogeneity. Results show the non-linear pattern between public debt and economic growth via governance. Although, public debt has negative impact on economic growth, but the results are statistically positive and significant when public debt is interacted with governance, which confirms that governance is a channel by which public debt influences economic growth. Moreover, we calculate the threshold of governance which shows that the public debt has positive impact on economic growth when the governance level is higher than the threshold and adversely affects the economic growth in the case of low level of governance than threshold. Evidence from this study reveals the fact that governance plays a mediating role in debt-growth relationship as there is a pattern of complementarity between public debt and governance: the higher the level of governance, the lesser the adverse effect of public debt on economic growth.

2021 ◽  
Vol 13 (8) ◽  
pp. 4513
Author(s):  
Summaira Malik ◽  
Muhammad Taqi ◽  
José Moleiro Martins ◽  
Mário Nuno Mata ◽  
João Manuel Pereira ◽  
...  

The success of a construction project is a widely discussed topic, even today, and there exists a difference of opinion. The impact of communication and conflict on project success is an important, but least addressed, issue in literature, especially in the case of underdeveloped countries. Miscommunication and conflict not only hinder the success of a project but also may lead to conflicts. The focus of this paper was to examine the impact of communication on project success with the mediating role of conflict. By using SPSS, demographics, descriptive statistics and correlation were determined. Smart PLS version 3.0 was used for confirmatory factor analysis (CFA), internal accuracy and validity estimates, hypothesis checking and mediation testing. The results showed that formal communication has a negative impact on the success of a construction project, resulting in conflicts among project team members, whereas informal communication and communication willingness have a positive impact on project success because people tend to know each other, and trust is developed. Task, process and relationship conflicts were used as mediating variables. It was found that task conflict effects the relations positively because project team members suggest different ways to do a certain task, and, hence, project success is achieved. On the contrary, process conflict and relationship conflict have a negative impact on communication and project success. Both of these conflicts lead to miscommunication, and project success is compromised. Hence, it is the responsibility of the project manager to enhance communication among project team members and to reduce the detrimental effects of process and relationship conflict on project success.


2019 ◽  
Vol 23 (2) ◽  
pp. 57-66
Author(s):  
Aditya Febriananta Putra ◽  
Suyanto . ◽  
Irzameingindra Putri Radjamin

Exertions to accelerate development carried out by developing countries in general are oriented towards improving or improving people’s lives. Developing countries are characterized as countries that lack capital, savings and investment. The role of Labor has a significant effect but has a negative impact on economic growth. Agriculture and Service also performance a significant role, despite having a positive impact on economic growth. While other variables, namely Fixed Capital Formation, Foreign Direct Investment, Export, Manufacture, and Fertility showed insignificant results on economic growth.


2021 ◽  
Vol 5 (8) ◽  
pp. 6-11
Author(s):  
Weihang Huo

This research focused on the social concern of college students’ participation in physical exercise and mobile phone dependence. The research model and hypotheses in this study were constructed based on the self-control theory and by reviewing previous research. This research distributed questionnaires to 207 college students from a university in Guangzhou, China to obtain relevant data. Mediation analysis was employed to test the four hypotheses drawn from empirical and conceptual research. The results of this research showed that first, the longer the exercise duration of college students, the higher the level of their self-control, thus exercise duration has a significant positive impact on self-control. Second, increasing the exercise duration of college students had no effect on their mobile phone dependence. Third, the higher the level of self-control, the lower the dependence on mobile phones, thus signifying that self-control has significantly negative impact on mobile phone dependence. Fourth, self-control plays a mediating role in the effect of exercise duration on mobile phone dependence. In conclusion, the longer the exercise duration of college students, the higher the level of self-control, in which it is able to significantly reduce the dependence on mobile phones.


2021 ◽  
Vol 59 (1) ◽  
pp. 109-132
Author(s):  
Biljana Gojković ◽  
Sanja Popović ◽  
Marijana Đukić

Abstract Fiscal stability of the local self-government units is the condition for stable public finances of the Republic of Srpska (hereinafter: RS) as a whole. Stable public finances of local self-government units have a positive impact on the economic growth of the RS. Therefore, it is necessary to pay a significant attention to the fiscal problems of local self-government units (hereinafter: LGUs). Although the public finances of the LGUs make up 15% of the total public finances of the Republic of Srpska, it is important to emphasize that the life of the RS citizens takes place in the local self-government. In this regard, LGUs have the important role in providing public goods and services, as well as creating the environment for the life of citizens on the basis of legally defined competencies. Having in mind the importance and role of local self-government units in the RS, it is necessary to ensure the efficient management and stability of their public finances. One of the preconditions for the successful exercise of the competencies of LGUs is the rational and efficient use of available resources. The aim of this paper is to examine the impact of the key fiscal factors of local self-government units on their fiscal stability. The results of this analysis will provide answers to the question of how rational and efficient local self-government units are in the execution of their competencies and how it is reflected on their revenues and expenditures, i.e. in total public finances of RS.


2020 ◽  
Vol 1 (1-2) ◽  
pp. 48-68
Author(s):  
Manisha Karia ◽  
Hanoku Bathula ◽  
Sanjaya Singh Gaur

Undoubtedly, the entrepreneur is the key to the initiation of the entrepreneurial process and firm performance. Since entrepreneurs vary in their background and abilities, researchers have examined the factors impacting their performance. Previous results show that personality characteristics and self-efficacy of entrepreneurs had a positive impact on their performance. In this study, we consider that entrepreneurs’ self-efficacy (ESE) is a multi-dimensional concept and identify six inherent dimensions. Further, we include two other variables that have not received adequate attention in the literature so far, namely, entrepreneurial information overload (EIO) and entrepreneurs’ human resources management (HRM) behaviour. To undertake empirical analysis, we developed a conceptual framework that proposes a negative impact of entrepreneurial information overload on entrepreneurial self-efficacy and entrepreneurs’ HRM behaviour. Responses from 403 entrepreneurs of a large emerging economy were subjected to path-based multiple regression analysis. The results reveal that information overload has a direct impact on all the ESE dimensions, except on planning tasks. Although there is no direct effect of EIO on entrepreneurs’ HRM behaviour, there is an indirect effect through the mediating role of ESE. These results suggest the need for appropriate strategies to help entrepreneurs to deal with information overload and ways to improve specific dimensions of ESE as necessary. Further, this study provides a platform for empirical research for future studies.


2021 ◽  
pp. 231971452110073
Author(s):  
Saubhagya Bhalla

The purpose of this study is to test the mediating role of attitude on the motivations and constraints for collaborative consumption and to test the impact of perceived hygiene and cleanliness issues and anticipated financial guilt in the collaborative consumption by applying behavioural reasoning theory. A descriptive research design is adopted. Responses collected from 200 responses were subjected to statistical refinement and linear regression. The findings reveal that economic benefits and perceived sustainability demonstrated an insignificant impact on the attitude. However, the institution-based trust showed a positive impact on the attitude. The attitude is a strong mediating variable. Without the attitude, the consumers have no intention. Anticipated financial guilt and perceived hygiene and cleanliness issues have a negative impact on intention, when mediated by the attitude. The study implies that marketers need to build a strong attitude towards the collaborative consumption. Also, they need to target the middle- and higher-income groups with economic appeal. Practitioners must position their products as sustainable. They must build trust by addressing the concerns of the consumers. Practitioners need to increase awareness that they are doing the business taking the utmost care of hygiene.


2021 ◽  
Vol 8 (1) ◽  
pp. 1-13
Author(s):  
Ruqieh kazemi ◽  
Habib Ebrahimpour ◽  
Mohammad Bashokoh

This study examined the mediating role of employee flexibility between toxic leadership and non-civil behavior. This research is a correlational and applied research. Descriptive and structural equation modeling were used as the method of the study, in which toxic leadership, non-civil behavior and employee flexibility were considered as the predictive, criterion and moderator variables, respectively. SPSS and Amos software were used to analyze the data. In this study, the population was the employees of Mohaghegh Ardabili University who were over 398 people, of those 195 persons were estimated using Cochran formula. Standard questionnaires were used to collect the data so that their validity and reliability were confirmed. The results show that employee flexibility had a significant negative impact on non-civil behavior in academic setting (P< 0.05), and toxic leadership had a significant positive impact on non-civil behavior in academic setting (P<0.05).According to the results, any leader who has a toxic leadership style may somehow lead to non-civil behavior at university. Non-civil behavior is, furthermore, decreased in academic setting due to an increase in employee flexibility or vice versa. Employee flexibility has a decreasing role between malicious behavior of toxic leadership and non-civil behavior in the academic setting.


Author(s):  
Ningaye Paul ◽  
Abba Yadou Barnabé ◽  
Balla Mekongo Célestin Ghislain

The objective of this paper is to examine the relationship between migrant remittances and economic growth by considering the role of financial efficiency in 34 African countries from 1995 to 2016. The methodology is based on a GMM system model and a Pooled Mean Group (PMG) on a sample of 34 African countries. The empirical results show us the following conclusions: (i) Migrant remittances and financial efficiency have a positive impact on economic growth. (ii) The interaction between remittances and financial efficiency has a negative impact on economic growth. (iii) Migrant remittances have a long-term impact on economic growth. (iv) The combined effect of migrant remittances and financial efficiency has a negative impact on economic growth. Moreover, this impact is more pronounced in low-and middle-income countries. To better benefit from migrant remittances, recipient countries need to focus on financial development.


2020 ◽  
Vol 66 (2) ◽  
pp. 1-14 ◽  
Author(s):  
Majda Bastič ◽  
Matjaž Mulej ◽  
Mira Zore

AbstractThe purpose of the present study was to investigate the relationships between different dimensions of corporate social responsibility (CSR), as well as the mediating role of innovation between CSR dimensions and financial performance. Data was collected with questionnaires from 321 managers of Slovene companies to test a conceptual model with structural equation modeling (SEM). The field-research results were that CSR is the most relevant dimension for employees. It positively influences CSR to the natural environment, to customers, and to the local community. The mediating role of innovation between CSR and financial performance was confirmed. The results also showed that CSR to the natural environment and CSR to customers positively affect innovation, while CSR to the local community had a negative impact. In addition, the positive impact of innovation initiated by CSR on financial performance was confirmed. The principal limitation of this study was its focus on Slovenian firms and the fact that data was obtained from only one manager in each firm. Slovene companies should consider the global initiatives supportive of CSR as the way to create opportunities for innovation and differentiation from other companies and increase their financial performance. The conceptual model developed and tested on the data obtained by Slovene managers gives new perspective on the impacts of social responsibility, innovation and financial performance. It highlights the areas in which the theory of social responsibility needs more research.


Author(s):  
Allam Mohammed Hamdan ◽  
Reem Khamis ◽  
Anjum Razaqi

This study aims to investigate the role played by public governance in the relation between entrepreneurship and economic growth in the United Arab Emirates (henceforth UAE). To achieve its goals, the study used a time series that extends from (1996-2015), a span of 20 years. The study came up with the following results: there was a positive impact of entrepreneurship activities on the economic growth in UAE within the framework of the public governance. Based on the previous results, the study came up with a set of recommendations that focuses on supporting entrepreneurship activities that play a significant role in the economic growth.


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