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Testing for the Bidirectional Relationship Between FDI in Services and Trade in Services: Evidence from Emerging Economies
We examine the two-way links between foreign direct investments (FDI) in services and trade in services for 26 emerging economies from 2003 to 2015 using sectoral and sectoral disaggregated FDI data. Within a multivariate framework, we use panel unit root tests, recently developed heterogeneous panel cointegration and panel vector error correction model (VECM). Our results confirmed the cointegrating relationship between trade in services, FDI in services, financial services FDI and nonfinancial services FDI. We find the existence of long-run unidirectional causality from trade in services to FDI in services. However, the disaggregated analysis shows a bidirectional link between nonfinancial services FDI and trade in services in the short run. Still, there is no causality between financial services FDI and trade in services both in the short run and long run. The result also shows the evidence of unidirectional causality running from trade in services to nonfinancial services FDI in the long run. It implies that sectoral decomposition matters in the FDItrade nexus in emerging economies. JEL Codes: G20, F14, G20, F23 2022 Indian Institute of Foreign Trade. -
Testing of long run association between crude oil and gold commodities: An empirical study in India /
Test engineering & Management, Vol.82, pp.2902-2906, ISSN No: 0193-4120. -
Testing The Causal Link Between Perceived Fee Fairness and Student Loyalty-Empirical Assessment in the Context of Service Marketing in Higher Education
Journal of Global Management Outlook, Vol-1 (5), pp. 43-55. ISSN-2277-3789 -
Testing the Diversifying Asset Hypothesis between Clean Energy Stock Indices and Oil Price
In theory, geopolitical risk and political uncertainty can directly affect energy markets. Fluctuations lead to the cost of clean energy sources as they compete with traditional energy. The purpose of this study is to analyse financial integration and test the diversifying asset hypothesis between clean energy indices, specifically the Clean Energy Fuels (CLNE), Nasdaq Clean Edge Green Energy (CELS), S&P Global Clean Energy (SPGTCLEN), TISDALE Clean Energy (TCEC.CN), Wilderhill (ECO) and West Texas Intermediate (WTI) stock indices, over the period from 1 January 2018 to 23 November 2023. Analysing the results reveals a scenario where most of the clean energy indices show cointegration with each other, indicating long-term relationships that reflect common trends in the clean energy sector. However, the relative independence of the WTI suggests that Oil still acts as an important and potentially diversifying external factor for investors focused on sustainable energy. Structural breaks in 2021 and 2022 in several indices point to significant events that have altered market dynamics, possibly including changes in environmental policies, technological innovations and the impacts of the COVID-19 pandemic. The cointegration evidence and structural breaks provide valuable information for building investment portfolios. Investors can consider the WTI to diversify portfolios dominated by clean energy assets, taking advantage of Oils relative independence. On the other hand, the high correlation between clean energy indices suggests that, within this sector, diversification options are more limited, requiring careful analysis of the specific characteristics of each index and the macroeconomic forces affecting them. 2024, Econjournals. All rights reserved. -
Text extraction from video images
Video data contains beneficial textual information such as scene text and caption text. The different types of videos like movies, news videos, and TV programs video etc. are created by various video frames based on its purpose. In a country like India, there are only fewer studies has done on text extraction from video data especially in south Indian languages like Malayalam, Telugu, Kannada, and Tamil. The extracted text has many useful applications in video indexing, video key searching and assisting visually challenged people. Malayalam news channel named Mathrubhumi News videos data are considered for the proposed study. It is very beneficial to Kerala people as it is one of the most media-centric regions in the world. In this proposed paper, a new method for text extraction experiments. The anticipated method extracts 13 different features for classifying the image consists of text or not. Both spatial and frequency domain features are extracted to classify. The different types of classification techniques are used to validate the algorithm. Simple Logistic, J48 and Random Forest classification techniques are giving a good result when compared to other methods. Results are encouraging, the average success rate found to be 98%. Research India Publications. -
Text summarization using residual-based temporal attention convolutional neural network
To address the computational complexity and limited to large data Enhanced Residual based Temporal Attention Convolutional Neural Network (ERTACNN) with Improved Initialization strategy-based Aquila Optimization Algorithm (IIAOA) is proposed. Initially the document is pre-processed to get structured data and given to feature extraction. Then the features are selected with Aquila Optimization Algorithm to remove redundant or unrelated features from high-dimensional data, from which the entropy values are calculated and given to proposed classifier. In this classification, the temporal attention mechanism is combined with classifier to compute attention weight and accompanied with important time points for classifying the documents. Finally, the proposed method is implemented in python and evaluated against existing works which achieves 70.34, 55.6 and 72.4 Recall Oriented Understudy for Gisting Evaluation (ROUGE) score than existing approaches. 2023, The Author(s), under exclusive licence to Bharati Vidyapeeth's Institute of Computer Applications and Management. -
Textual and media-based self-learning modules: Support for achievement in algebra and geometry
Owing to the importance of a subject like mathematics in the teaching and learning of science, self-learning often poses a challenge to the educator. The objective of this study is to analyse the enhancement of the textual and the media form of self-learning modules to teach algebra and geometry to eighth graders considering their retention levels. A pre-Test post-Test single-group quasi experimental design was tested and tried out on 49 participants of a school. The 20 modules of self-learning material covering content in the topics of algebra and geometry in the textual and media-Assisted forms of self-learning were administered over three months. The findings of the study revealed the ability of media-Assisted self-learning modules to enhance achievement in the post-Test when compared to the pre-Test. The textual-Assisted learning modules were able to enhance significant difference in the achievements in geometry, but not of algebra. The delayed post-Test results were found to indicate an improved achievement in mathematics. 2022 IGI Global. All rights reserved. -
The accumulation, antioxidant defences, and secondary metabolite production in common sage (Salvia officinalis L.) under lead toxicity
The growing levels of lead (Pb) in agricultural soil and water bodies as a result of industrialization and human activity present serious challenges for medicinal plants. The present study investigates the complex responses of Salvia officinalis to toxicity caused by Pb including metal accumulation, translocation dynamics, antioxidant defenses, and the production of secondary metabolites. Pb showed preferential accumulation in the roots, peaking at (1000 ppm Pb) (2484.2 mg kg-1). The reduced levels of total chlorophyll (1.29-fold), protein (1.9-fold), and carbohydrate (2.5-fold) under prolonged exposure to stress demonstrate the toxic impacts of lead. Proline and total phenolic content (TPC) increased concentration-dependently under lead stress, while flavonoids were found to be decreased with the enhancement of lead toxicity. Enzymatic antioxidants (catalase, APX, and SOD) showed notable increase, especially in the 30 days of treatment, demonstrating the plants strong defenses. S. officinaliss adaptive responses were highlighted by concentration-dependent increases in non-enzymatic antioxidants such as total antioxidant capacity (TAC) and DPPH radical scavenging activity. Crucially, under lead stress, S. officinalis showed 1.7-fold increased rosmarinic acid (RA) production, in plants exposed to 200 ppm for 30 days treatment. However, further exposure to lead significantly caused the reduction of RA production. The results add to our knowledge of how sage plants respond to environmental stress and offer important insights for future uses in phytoremediation and the breeding of stress-tolerant plant cultivars. Furthermore, the research highlights about the S. officinaliss potential as a source of bioactive compounds possessing antioxidant qualities, under low levels of lead stress. 2024, Indian journals. All rights reserved. -
The analogy of nanoparticle shapes on the theory of convective heat transfer of AuFe3O4 Casson hybrid nanofluid
In recent times, Au nanoparticles have beencommonly used for delivering the drug especially in the case of hypothermia of tumors, but low absorption of IR light does not solve destruction of tumor cells. However, nanoparticles such as Fe3O4 coated with Au could be used to deliver the drug to a specific spot due to applied external magnetic field. Due to these applications, boundary layer approximation is invoked to simplify the mathematical model. This paper presents the nanoparticle shape analysis and heat transfer features of the AuFe3O4blood hybrid nanofluid flowing past a stretching surface on a magnetohydrodynamic medium. Numerical solutions of nonlinear differential equations are obtained by RKF-45 method with the help of shooting technique. The behavior of emerging parameters is described graphically for velocity and temperature profiles. It is found that the blade-shaped Au and Fe3O4 nanoparticles have better thermal conductance than brick, sphere, cylinder, needle, and platelet shapes. It is also observed that the Lorentz force generated due to magnetic field helps in controlling the flow and enhance the thermal conductivity of hybrid nanofluid. 2021 Wiley Periodicals LLC. -
THE ANALYSIS OF THE FLOW OF BLOOD IN A STENOSED ARTERY THROUGH SIMULATION: A COMPARISON AMONG VARIOUS NON-NEWTONIAN MODELS
This paper focuses on the dual quality of blood, Newtonian and non-Newtonian, in particular by exploring the energy curves. Careful investigation of the dual property of blood has been made by considering two different geometries to represent a stenosed arterial segment. We present a cautious assessment of non-Newtonian blood rheology impacts in arterial stream simulations by coupling the Newtonian and non-Newtonian models. The flow of energy through the two flow dimensions is meticulously investigated using velocity (kinetic energy), pressure, and wall shear stress (pressure energy). Besides, the proper implementation of an interface boundary condition (IBC) was emphasized to ensure consistency with the flow conditions downstream of a backward-facing step. The integration of the Newtonian and non-Newtonian models adjoins the novelty of the current research. The energy curves are obtained by implementing five different non-Newtonian models to designate a suitable non-Newtonian model for blood flow investigations. The combination of the non-Newtonian models enforced in this research is novel and particular attention is paid to the energy curves obtained. The conclusion was to elect the Carreau model as a suitable non-Newtonian rheological model for the blood flow study. This study was able to finalize the fact that the coupling of Newtonian and non-Newtonian models is necessary to obtain accurate results. For the sinusoidal waveform considered for the velocity, Carreau and the Power law models yield better results, eliminating the other non-Newtonian models from the list. With a better inlet condition imposed in the form of the Fourier series for pressure and velocity, the Carreau model yields the best results. 2024 World Scientific Publishing Company. -
The Association between Accounting determined and market determined measures of risk: Evidences from Indian Pharmaceutical Industry.
Volume : 3, Issue : 12, pp- 35-44, ISSN: 2249-7307 -
The Astropy Project: Sustaining and Growing a Community-oriented Open-source Project and the Latest Major Release (v5.0) of the Core Package*
The Astropy Project supports and fosters the development of open-source and openly developed Python packages that provide commonly needed functionality to the astronomical community. A key element of the Astropy Project is the core package astropy, which serves as the foundation for more specialized projects and packages. In this article, we summarize key features in the core package as of the recent major release, version 5.0, and provide major updates on the Project. We then discuss supporting a broader ecosystem of interoperable packages, including connections with several astronomical observatories and missions. We also revisit the future outlook of the Astropy Project and the current status of Learn Astropy. We conclude by raising and discussing the current and future challenges facing the Project. 2022. The Author(s). Published by the American Astronomical Society. -
The asymmetric relationship between foreign direct investment, oil prices and carbon emissions: evidence from Gulf Cooperative Council economies
We investigate the asymmetric nonlinear link between foreign direct investment, oil prices, and CO2 emissions for the Gulf Cooperation Council nations, using foreign direct investment and oil price data. As foreign direct investment is positively associated with carbon emissions in the long run and oil prices have positive, significant effects on CO2 emissions, our findings support the pollution-haven hypothesis. Furthermore, these variables have an asymmetric nonlinear relationship, which corresponds to the theoretical expectations of the pollution-haven hypothesis. We also find that negative changes in foreign direct investment have positive, significant impacts on carbon emissions in the short run, implying that foreign enterprises utilize green technologies in their manufacturing processes in the short run. In the long run, however, negative changes in oil prices are positively associated with carbon emissions. These findings should help Gulf Cooperation Council economies focus on policies that encourage foreign direct investment in green rather than dirty industries in order to ensure environmental sustainability. 2022 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license. -
The behaviour of macro and micro economic variables and the impact on systematic risk of non-banking finance companies
The reforms initiated by the Government of India during 1990s have brought fundamental changes in the structure and functioning of Banking and Non-Banking Institutions, their business models and the products and services offered by them. Global economic developments have altered the macro economic conditions of the respective nations and make the nations and their economies vulnerable to economic shocks in the form of systematic risk associated with their business activities. Macro-economic factors and micro economic factors have had effect on the risk level, assessing risk, measuring and managing risk has become paramount for Non-Banking financial Institutions. Individual influence of factors on the systematic risk as there is weak relationship with Beta but combined effect of factors is very positive on the systematic risk of the companies. Indian Institute of Finance. -
The behaviour of macro and micro economic variables and the impact on systematic risk of non-banking finance companies
The reforms initiated by the Indian Government during 1990 have brought in drastic changes in the financial sector functioning so as to make competitive with financial markets worldwide. The Indian financial Sector has expanded and acquired greater depth to get itself competitive with new participants in the market. The new liberal business policies introduced by the government due to financial reforms have brought in fundamental changes in the structure and functioning of Banking and Non Banking Institutions, their business models and the products and services offered by them. Global economic developments have altered the macro economic conditions of the respective nations and make the nations and their economies vulnerable to economic shocks in the form of systematic risk associated with their business activities. Macro economic factors at broader level and micro economic factors at the firm level have had effect on the risk level, assessing risk, measuring and managing risk has become paramount for banks and others Non Banking financial Institutions alike. Individual influence of factors on the systematic risk as there is weak relationship with Beta but combined effect of factors is very positive on the systematic risk of the companies. -
The behaviour of trading volume: Evidence from money market instruments
This paper analyzed the impact of macro and non-macroeconomic factors on the trading volume of the certificate of deposits and commercial paper with regard to India during the monthly period from April 2012-March 2018 using the quantile regression approach. The results revealed that gross domestic product rate, Consumer Price Index, Economic Policy Uncertainty Index, the Volatility Index, and the Nifty index had a negligible impact on the trading volume of corporate bonds. However, interest rates and exchange rates did not influence the trading volume of corporate bonds. In the other context, gross domestic product rate, Consumer Price Index, interest rates, the Volatility Index, and movements in the Nifty index showed a negligible impact on the trading volume of commercial paper. However, the variations in the trading volume of commercial papers were not explained by exchange rates and Economic Policy Uncertainty Index. 2020, Associated Management Consultants Pvt. Ltd.. All rights reserved. -
THE BELT AND ROAD INITIATIVE: DYNAMICS FOR LATIN AMERICA AND THE CARIBBEAN REGION
The Belt and Road Initiative (BRI) is increasingly turning out to become a global endeavor and has recently been extended to Latin America and the Caribbean (LAC) region. The diversity in the makeup of the nation-states in the region poses several challenges concerning the regions association with the BRI. For instance, Venezuela has borrowed heavily from China while being mired in economic troubles. The Venezuelan example serves as a caution to others as well as China on the intricacies of debt management and lending. This paper aims to study the challenges and risks arising from the Belt and Road Initiative extending to Latin America and the Caribbean region. This paper also tries to analyze as to whether a win-win outcome can be achieved for both China and the LAC nation-states and as to what China seeks from the region. An attempt has been made to evaluate the role that the global environment might play in this evolving relationship between China and the LAC nation-states. The paper also analyzes the post pandemic BRI investment in the LAC region 2022, Austral: Brazilian Journal of Strategy and International Relations.All Rights Reserved. -
The Belt and Road Initiative: Issues and Future Trends
The Belt and Road Initiative (BRI) is a China-led plan that involves infrastructure and construction projects in more than 140 countries, out of which 65 countries account for 30% of the worlds gross domestic product, 35% of the worlds trade, 39% of the global land, 64% of the worlds population, 54% of the worlds CO2 emissions and 50% of the worlds energy consumption (Du & Zhang, 2018, China Economic Review, 47, 189205). The project announced in 2013 is often considered Chinese Premier Xi Jinpings dream. It quickly grew in sectoral and geographical complexity from the Arctic to deep oceans, to Latin American countries, Africa and even collaborations in maritime and outer space. Nine years into the making, the project suffered disruption in the wake of the COVID-19 pandemic. Travel restrictions and lockdowns led to suspension and slowdown in the project. However, the Chinese leadership continues to remain optimistic regarding the BRI and is opting for digital, health and sustainability models to keep the initiative running. The article analyses the strategic and economic significance of the BRI from its inception to now. It focuses on the impact of the pandemic on the BRI and stakeholders responses to the project, and looks into attempts by China to make it a success in the post-pandemic world. 2023 Indian Council of World Affairs(ICWA). -
The business of education and ethical quest
[No abstract available] -
The Capital structure puzzle
International Journal of Research in Commerce & Management Vol.4, No.03, pp.134-136 ISSN No. 0976-2183