Impact of International Trade,Remittances and Industrialization on the Economic Growth of Bangladesh

There are several important factors of growth and many endeavors have been made to apply these factors to explain the growth of different economies at different times. In this context, the objective of this paper is to examine the impact of international trade, remittances and industrialization on the economic growth of Bangladesh using annual data from the period of 1976 to 2010. This study uses the time series econometrics methodology, which covers tests for stationary, cointegration, and specification of the model. This study also focuses on finding causal relationship among export, import, remittances, and industrialization on the economic growth of Bangladesh by using Granger causality test. The result shows that the variables are cointegrated, implying a long-run causal relationship among export, import, remittances, and industrialization on the economic growth of Bangladesh.     

DON＇T DOWNGRADE THE HONG KONG MINISTERIAL

The goal of this month＇s Hong Kong meeting of the ministers from the 148 WTO member nations was an agreement on a detailed outline of a global trade deal dramatically cutting trade barriers on agricultural products, industrial goods and serviees. This was to he a major step toward the conclusion of the Doha Round negotiations with signed agreement at the end of 2006.     

Modelling time series properties of Australian lending interest rates

The purpose of this paper is to examine the time series properties of Australian residential mortgage interest rates, and in doing so, establish whether or not selected home loan rates （product-level monthly home loan interest rates for CBA） exhibit the expected cyclical and seasonal variations and whether seasonality, if present, is stochastic or deterministic. In particular, due to a well established presence of cyclicality in financial markets＇ interest rates and strong correlation between financial markets＇ interest rates and home loan interest rates, the paper presumes that cyclicality is also to be found in home loan interest rates. Furthermore, the paper tests the hypothesis that home loan interest rates, for selected products, exhibit the three identified （＂Spring＂, ＂Autumn＂ and ＂The end of the Financial Year＂） season-related interest rate reductions. The paper uses a structural time series modelling approach and product-level home loan interest rates data from one of the biggest banks in Australia, Commonwealth Bank of Australia （CBA）. As expected, the results overall confirm the existence of cyclicality in home loan interest rates. With respect to the seasonality of home loan interest rate, although most of the analysed variables show the presence of statistically significant seasonal factors, the majority of the statistically significant seasonal factors observed cannot be attributed to any of the three considered seasonal effects.     

Ecological footprint of Gansu Province, China between 1997 and 2002： changes and inducement

The calculation of Ecological Footprint （EF） on the basis of Input-Output model （I-O model） was advanced by Bicknell, and modified and improved hy Ferng who corrected the footprint＇s aggregation to each sectors. For the lack of sufficient teehnique to deal with the trade between the research areas and the rest of the world, it it necessary to improve this method. And a dynamic analysis of the change of footprint based on I-O model, which could explore the factor impacting the footprint using the ,special advantage of I-O model, ought to be put into practice. After introducing the new method in detail, we calculate and compare the EF and the change of Gansu Province in the northwest of China in 1997 and 2002. The result shows that there was an increase of EF in 2002 caused by final domestic demand. Further; the inerement in EF export was 2.0 × 10^5 ha and 1.6 × 10^6 ha in import. The out-of- region support dropped from 22.6% to 18. 6%. We introduce three factors causing the EF change based on the character of I-O model： the productivity of the resourve which is explained by the change of resource used to obtain one unit output in a sector, the improvement of the economics and the final demand. Finally, we find that the effects of the three factors on the EF change are not identical except the industry sectors and the change of factors in the agriculture and the industry sectors works notably.     

Analysis on China Cotton Market

China is the world＇s largest cotton producer and consumer and its domestic cotton demand and supply have a great influence on the world market. This paper firstly gives a discussion on Chinese cotton market, especially from a viewpoint of history to study domestic market price fluctuation. The cotton market history from E R. China＇s setting up to present has been divided into four stages and characterized as different agricultural policies applications and economic periodicities. Concluding from the history, artificial influences may be the most important reason of market inequilibrium, up to now, market and artificial interruption, are also the key problem. Then it takes domestic cotton demand as a study object, trying to find what will be a statistic significant cotton demand in national level and it＇s underneath demand frame. Through a seres of analysis on the demand frame, problems have been clearly displayed, an open microeconomic circulation supports our study and six variables had been described by statistics. Therefore, we can analyze the cases of real cotton demand that includes supply and demand reactions in China with experience and estimations. Otherwise, international cotton market is greatly interacted with Chinese domestic market more and more today. Some necessary analysis, such as international cotton supply and demand, Chinese cotton stock policy and world price long run tendency, are very important factors for Chinese cotton development. Those may concern Chinese access to WTO, cotton trade quota and tariff, welfare comparison, etc., all have been discussed in the paper.     

The Motivation Factors of Sales Personnel in Financial Institutions

The motivation is an employee＇s internal relationship in the form of behaviour directed towards a specific goal and is manifested as an important factor for overall organisation performance. The goal of any business is to motivate employees to perform work with the maximum results. The work motivation is complex and dynamic feature of human resources and influences to motivation are very broad and diverse. The material forms of motivation are different compensation that employees receive for their work in the company. They appear in the financial and non-financial forms （paid or in the form of various services）. The goal of this research is to identify the main factors of human resources motivation in financial institutions （banks）. The questionnaire will be used as a research instrument and consists of two parts. The first part of the questionnaire will focus on socio-demographic characteristics and the second part concentrates on the motivation variables of material and immaterial character. Applying adequate knowledge discovery research methods will be identified as the main motivation components of selling persons in financial institutions.     

The gender pay gap： Review and update

This paper explores the research behind the wage gap between men and women, the reasons for and extent of the gap, and strategies for dealing with gender pay discrepancies. Historically, gender discrimination was the traditional and easy explanation for pay discrepancies, but more aggressive enforcement of equal pay legislations has virtually diminished the validity of rationalizing the existence of pay differences solely on gender. Statistical data surrounding the pay gap point to other factors as more causal instruments that sustain and perpetuate the gap in spite of more than forty years of enforcement of equal pay legislations. The choices we make seem to predict and explain current wage gaps better than blatant gender discrimination does, and policies directed at improving those choices appear to be better strategic tools in closing the wage gap.     

Impact of openness, economic policy reform and regional shocks on trade and growth of Thailand： An econometric study

Thailand has currently enhanced and promoted intensive trade and investment liberalization and implemented long-term growth policy according with current regional economic integration, WTO obligations and globalization. Nevertheless, several recent internal and external factors e.g. the massive SARS and avian flu outbreaks, the Indian Ocean tsunami devastation, the Asia financial crisis and domestic policy reforms （ICSEAD, 2006） have also impeded this policy. While the issues are important for Thailand and developing countries in Asia, only limited research has been undertaken to investigate them. The paper conducts a substantive quantitative study to contribute to these trade and development policy issues. A new econometric modelling policy method, namely the generalized gravity theory （Tran Van Hoa, 2004） is used to develop a simple flexible simultaneous-equation econometric model of Thailand＇s openness model with its seven major trade partners （ASEAN-4, Australia, the USA, the EU, China, Japan and India）. Using data from the ICSEAD, the World Development Indicators and the Bank of Thailand databases, the paper reveals efficient and reliable empirical findings on trade-growth causality, trade determination including the impact of shocks and policy reform on trade and growth between Thailand and its major trade partners over the past two decades. The paper also provides evidence on the linkages between trade in goods, FDI and services and regional economic integration for more credible policy implications.     

The simultaneity in human capital estimations： The case of China

Existing papers on human capital and growth in China has been using single equation estimations. This might cause a simultaneity bias if a two-way causality between the two variables exists. In this paper, the author performs vector autoregressive estimations using panel data on the number of graduates at each level of education as a proxy for human capital in China during 1991-2005. The results show that investment in human capital increases output per worker at all three levels of education. Regarding the effects of output per worker on the accumulation of human capital, the author finds mixed results with the primary-school graduates＇ benefits the most from increases in per capita output.     

Outsourcing and Innovative Activity of the Companies From the Visegrad Group

Outsourcing is a change from horizontal cooperation （coopetition） to a vertical one. That is, the company, which up to now could be considered as a competitor, changes into a supplier. It is worth remembering that the company that is to become a supplier can either create a new one or be an already existing one. This article is based on empirical data coming from the companies from the Visegrad Group that is Poland, the Czech Republic, Slovakia, and Hungary. The results presented here imply that outsourcing has a stimulating effect on innovative activity of a company both in terms of investment and implementation aspects. Also, innovative activity, in its investment and implementation aspects, positively influences the occurrence of outsourcing. This confirms the existence of feedback among these variables. It is worth noting however, that the probability of innovative activity among the companies using outsourcing is higher than the probability of outsourcing among the companies that are irmovatively active. It seems that the influence of outsourcing on innovative activity is stronger than the influence o f innovative activity on outsourcing.     

Environmental regulation and trade pattern：a case of China

As a growing number of countries, including both developed and developing countries, have in recent yearstaken environmental regulation at different levels, a question of great concern has been raised： can the regulation alterthe existing trade volume and trade pattern, and ultimately drive pollution-intensive industries to countries with low-levelregulations or even those without regulations at all？ Starting from the three different propositions concerning therelationship between environmental regulation and trade pattern, this paper applies cointegration analysis and errorcorrection model to empirically testing the relationship between environmental regulation and trade in China during theperiod of 1985-2005. Our empirical results indicate that in the short run the collection of pollution discharge fees bearsa positive impact on the export share of clean products of total exports. Thus, higher pollution discharge fees raise theratio of clean products exports to total exports. This further indicates that more stringent environmental regulationpromotes the exports of clean products. In the long run pollution discharge fees are positively correlated with the exportshare of clean products but negatively associated with their import share. Such correlations imply that environmentalregulation tends to facilitate the international specialization in line with comparative advantages.     

Management of Foreign Market Entry： A Study of Czech Companies

Internationalization of company activities is the necessity of the development for majority of entrepreneurial subjects in the Czech Republic. Internationalization of entrepreneurial activities becomes a tool of business competitiveness. Selecting the right foreign entry mode is an important decision, which demands a lot of resources and thorough planning. The factors influencing company＇s choice of entry mode are divided into two main groups subsuming--external and internal factors. External factors consist of determinants regarding the company＇s environment while the intemal ones are determined by the company＇s specific factors. The opening of new markets such as in the Czech Republic has created the potential for small and medium-size enterprise （SME） expansion and investment. The objective of this paper is to present an application of the entry modes of the selected Czech entrepreneurial subjects. The companies included in the study are those that have undertaken internationalization activities and are incorporated in the Czech Republic. There were a total of 297 enterprises that participated in the research. The research method was an oral questioning and the main instrument was a questionnaire. A relatively low degree of Czech companies that have undergone intemationalization has resulted in the dominance of the least advanced forms of internationalization expansion, mainly exports with a small share of more advanced forms of foreign direct investments and a very low level of forms of international cooperation. Czech companies are in decision about the choosing the foreign entry mode influenced by the many factors. The greatest influence on the choice of foreign entry mode has entry mode variables. Entry mode variables constitute variables assessment characteristics of particular entry mode.     

The fostering factors in the occurrence of rural small industries and enterprises in the Northeast of Thailand

The rural small industry and enterprise have a close relation with the regional development. Although they generated job and income, the number of them increased quite low in the area. The previous study focused on the financial support on the hypothesis of lack of capital. Many agencies had provided the variety fund, but the number of them increased not so high. In the study, the author focuses in the management background on the basis that capital is the important issue but not the major factor. The management background should have a role. The author studies 370 small industries and enterprises of every type in the region. The study found that the major three issues that are the fostering factors in the occurrence of them are management background, capital, and creative thinking. Management background of entrepreneur that relate directly to their experience is a major factor rather than capital. The regression coefficient show significantly. The study can bring new strategy to develop them in the future.     

Design Automation of the Manufacturing Process of a Mini Biodiesel Plant

The increasing pollution in the atmospheric layer has meant world-wide temperature variations, causing the melting of icecaps and floods, among other environmental factors. This change in temperature has been mainly caused by the indiscriminate emission of CO2, especially due to the rising number of vehicles in circulation. Researchers have identified that, among other types of fuel, diesel has the highest level of CO2 emission. Hence the need for the development of biodiesel, produced from oleaginous plants, aimed at reducing the emission of this harmful gas into the atmosphere, besides using renewable resources. However, as in any automation process, it is necessary to have sensors, actuators, and controllers, which together perform the automation and control of the production process. Besides that, there are other process variables to be accounted for, such as temperature, flow, and level. Considering such concept, and within the academic context, the creation process of a mini biodiesel plant will be described.     

The contribution of resources and capabilities to the competitiveness： The case of Port of Sines

The main objective of this paper is to analyse the competitiveness of the main maritime Port sited in Portugal - Port of Sines. This paper is developed under the resource-based view approach. A literature review about the resource-based view is presented with a special highlight on the contribution of organisation owns＇ resources to the competitiveness. With this study we intend to emphasize the applicability of a management theory to a different type of organisation which only recently starts to be preoccupied with its competitiveness. A case study methodology is used in order to collect all information needed about its main resources and capabilities of Port and also its competitiveness. The resources analysed in this paper are： The infrastructures, the accessibilities, the Port operations and also the information systems used on it. Also, a set of performance data is analysed as the main indicators of competitiveness. After that, a conceptual model is presented in order to systematise the main resources and capabilities under which the competitiveness of the Port of Sines is built on.     

Study on Chinese enterprises＇ internationalization mode and strategy

With the trend of world economic globalization, the enterprises must be influeced by the economic globalization. At the same time, Chinese economy has developed fast and entered WTO. There are opportunities as wetl as challenges for Chine.re enterprises; internationalization is the trend for Chinese enterprises to get more chances to develop. How Chlne.re enterprises take the multinational operatian is a hot topic for both Chinese enterprise sector and academe sector, as well as far the government saul all the Chinese people. This paper firstly reviews the multinational operation theories and thoughts of scholars from home and abroad, and describes the necessity for Chinese enterprises to take internation-alization road. Combined with the status quo and characteristics of Chinese enterprises＇ internationalization, it concludes four mades available for Chinese enterprises： low-cost expansion, mergers and acquisitions, OBM and OEM. and analyzes faur modes. Finally, it proposes same suggestions and eountermeasures from the aspects of enterprises and government according to the problems in the process of Chinese enterprises＇ internationalization.     

A research of material input and environmental impact for Chinese economy： 1990-2005

The process of economic activities is on the basis of tremendous material inputs. China has been discharging an enormous amount of waste, giving rise to a wide range of environmental impacts. The method of economy-wide material flow analysis （EW-MFA） is one of the effective tools to examine the flow of materials entering physical economies, and recognize early environmental problems. Relevant researches are still at the early stage in China and most focus on material throughput but are rarely concerned about the utilization of recycling resource and environmental impact. Based on more than 3,000 items of data related, materials entering Chinese economy are classified into three types, and then the characteristics of material input and environmental impact are presented for the years 1990-2005 by using the indicators derived from EW-MFA. The Ratio of Recycled Material （RRM） is added as the new indicator in order to be in accordance with the need of circular economy being promoted in China. Results show that the great changes in the structure of material input cause the continuous increase of industrial solid waste emissions and the bogging down of material productivity. The RRM reveals that the utilization of recycling resources remains at a fairly low level in China. Finally, some weakness of EW-MFA is discussed according to the calculated results.     

Advancing the Multilateral Regional Cooperation in Economy and Trade with the Scheme Reform of Zero Tariffs

China＇s tariff arrangement in the transition period after ＂entry to WTO＂ influences the process of the multilateral trade system in the world. Establishing the free trade area and customs union according to WTO/GATS 1994 article 24, or according to authorizing the clause （Enabling Clause ） to sign the regional trade agreement between developing countries or signed the protocol of economic integration taking promoting and serving the liberalization of trade as purpose according to WTO/GATS article 5, include the regional trade agreement in the multilateral trade system frame to standardize, supervise and coordinate to China, reduce trade protectionism and improve the multilateral trade system＇s influence in the world greatly. Drawing lessons from CEPA and China the system of the manoeuvre ahead of time of overall ＂entry to WTO＂ of ASEAN Free Trade Area and arrange, accelerate multilateral regional cooperation in economy and trade, zero tariff scheme reform favors route choice.     

Resettlement＇s impact on the domestic economy in lake restoration： a case study of Poyang Lake region

The Chinese government started a take restoration project in Poyang Lake region 10 years ago, and the expost mOnitor of the migrants＇ livelihoods was limited, This paper compares the composition difference of domestic income and domestic consumption between migration and non-migration villages in Poyang Lake region. The results show that the migrants＇ domestic income has increased in the last 10 years, which originated from the tncreasing trend of active and extensive rural labor migration, while the resettlement has not influenced the domestic income significantly. The resettlement stimulates younger farmers to work.far away from home whose wages contribute nearly 80% of domestic income, The resettlement decreases their savings due to higher expenditure of daily life for those who work far away from home, and higher expenditure of food for those who stay at home, losing cultivated lands with irrigation system for vegetable. On the other hand. the increase of rural labor migration leads the migrants who stay at home to have access to more cultivated lands for rice and cotton, and the farmers also apply more fertilizer in the same cultivated land for more agriculture products. The resettlement makes most of migrants spend their savings on the improvement of their housing conditions due to not enough governmental financial support for new building. After the analysis, some factors that influence migrants＇ income and consumption are discussed. The paper may contritbute to the building of Poyang Lake Ecological Economic Zone.     

The straitjacket at workplace： Mobbing

Mobbing has been defined as a chronic asymmetric pattern of power relations and a consequent conflict transformed into a systematic discrimination or mistreatment at workplace which is expressed through unethical or aggressive communication （Leynman, 1996）. Mobbing occurs when an employee in the workplace is steadily subjected to aggressive behavior from more than one colleague or supervisor over a period of time, in a situation where the target finds it difficult to defend him/herself to escape this dire situation. Such a long term incivility tends to stigmatize the mobbed victim and may cause severe psychological trauma since （s）he is metaphorically in a straitjacket. In this double-bind and double-squeeze condition where （s）he can neither get out of the situation nor endure the ordeal, a positive outcome is unlikely. How do we differentiate mobbing from conflict in organizations and how are disputes converted into mobbing behavior, and if one may even do research on mobbing in a culture of＂organizational silence＂ and ＂obedience/submission＂ in a developing country will be the first theoretical research question. Whether systemic silence as a collective level phenomenon is not only an obstacle to healthy organizational communication and relationships, but also a serious barrier to development, participation and learning from malpractices is another relevant question. Most researches investigating the background of mobbing are based on either experiences of targets as victims or the critical cases including the perpetrators as mobber; Therefore, the findings are often at individual level and subjective. They are often ＂ex post facto＂ analysis of psychological dimensions （e.g., personality characteristics of mostly of mobbed victims and rarely of mobbers） or legal dimensions. There are few ＂ex ante＂ analyses of organizational culture dimensions so that preventive measures may be taken prior to any serious mobbing case is reported. This paper＇s objective is to approach mobbing as a function of group conflict and rumor that is uncontrolled for a long time. By exploring the background of mobbing in ten companies from service sector in IstanbuI-Turkey, this view is assessed. The findings confirmed that mobbing is a function of relational conflict and gossip particularly in companies with high positional power distance and highly centralized decision-making where high power imbalance between supervisors and subordinates are salient. Such organizations seem to be more conducive to concealed mobbing and survival than to development and participation of employees as ＂modus operandi＂.