Empirical Assessment of Money Demand Stability Under India’s Open Economy: Non-linear ARDL Approach

Journal of Quantitative Economics - This study explores stability issues of money demand in the wake of a new economic policy regime of India’s open economy, particularly since the 1990s. The...     

An ‘Islamic future’ without a name

In this allegory of the search for a name for his grandson, the writer envision alternative themes of Islamic futures. In the conclusion of the quest, more fundamental insights into the nature of the future and our present relations to it are gleaned.     

Innovation and Growth: A Schumpeterian Model of Innovation Applied to Taiwan

Following Schumpeter, we assume that innovation in specific firms, or groups of firms, can have economy-wide effects. Models based on this idea can be shown to have multiple equilibria. The idea of a positive feedback loop innovation system, or POLIS, is formalized by picking an appropriate sequence of equilibria over time. It is shown that POLIS has empirical relevance by applying the formal model to an actual economy. The 1997-98 financial crisis in many Asian countries, most notably South Korea, seemed to have reversed the conventional wisdom regarding the "East Asian miracle". This paper applies the concept of a POLIS to the case of Taiwan to show that, at least in this case, neither the view that the miracle was a mirage nor the view that the growth was a result of factor accumulation only is correct. Ultimately, technological transformation--in particular the creation of a positive feedback loop innovation system--is what makes the difference between sustained growth and gradual or sudden decline. Although problems remain in both the real and the financial sectors, the successes of Taiwan in building the preconditions for an innovation system are worth examining. Upon careful examination of Taiwan's system of innovation within the above Schumpeterian model it is found that Taiwan has a fighting chance of building a POLIS in the near future.     

Impact of Islamic Work Ethics on Organizational Citizenship Behaviors and Knowledge-Sharing Behaviors

This study examines the impact of Islamic Work Ethic (IWE) on organizational citizenship behaviors (OCBs) and knowledge-sharing behaviors (KSBs) among university employees in Pakistan. A total of 215 respondents from public sector educational institutions participated in this research. The findings suggest that IWE has a positive effect on OCBs. In other words, individuals with high IWE demonstrate more citizenship behaviors than those with low IWE. The findings also suggest a positive effect of IWE on KSBs. Individuals with high IWE exhibit more KSBs than those with low IWE. The paper also discusses the theoretical and practical implications of these findings.     

Rural families food intake behaviour in relation to livelihood diversification,income differences and family size

The livelihood diversification significantly contributes to the family income having effect on food varieties' consumption in rural families of different sizes. This study investigated the food intake differences among rural families considering different income levels and family sizes. Moreover, barriers faced by the rural families to increase the consumption of food varieties were also analysed. A total of 200 rural families were selected through multistage purposive and random sampling techniques in the Punjab province of Pakistan and were directly interviewed and categorized first into low and high livelihood diversified families. The food groups were derived by assigning individual food to conventional food group taxonomies, and two‐way ANOVA (4 (income groups) × 3 (family size groups) was separately conducted for low and high livelihood diversified families. The income instability, prices of food items, market distance and storage were perceived as barriers for increasing food consumption. The high livelihood diversified families significantly and regularly consumed more food items than low diversified families. The rural households both in low and high livelihood diversified family categories having low income and high family size consumed less expensive food items. The regular consumption of fruits, bakery products, and livestock and dairy items was greatly associated with high income and small family size. One of the most remarkable findings of the multivariate multiple regression model was the households belonging to the lowest income group were significantly lowering the consumption of livestock and dairy food items as the family size increased from small to large family size. The interaction effect was highly associated with per capita income because the consumption of food items increased with the rise in income irrespective of the family size. However, family size groups showed different patterns of food intakes with different income levels. Government agencies should assist rural households to diversify their income portfolios for better nutrition.     

A service analytic approach to studying patient no-shows

Service Business - Patients who fail to show up for an appointment are a major challenge to medical providers. Understanding no-shows and predicting them are keys to developing a proactive strategy...     

Isolating the Roles of Individual Covariates in Reweighting Estimation

A host of recent research has used reweighting methods to analyze the extent to which observable characteristics predict between‐group differences in the distribution of an outcome. Less attention has been paid to using reweighting methods to isolate the roles of individual covariates. We analyze two approaches that have been used in previous studies, and we propose a new approach that examines the role of one covariate while holding the marginal distribution of the other covariates constant. We illustrate the differences between the methods with a numerical example and an empirical analysis of black–white wage differentials among males. Copyright © 2015 John Wiley & Sons, Ltd.     

Government support for faith-based organizations: the case of a development programme for faith leaders

A government initiative to train faith leaders usefully extended existing provision, but will require continuing support for some years. Broader community leadership is not always expected from those holding religious positions. The challenges involved in bridging linguistic and cultural differences highlight some of the reasons why initiatives like this are needed.     

Brand identity and online self-customisation usefulness perception

Online self-customisation (OSC) enables customers to tailor their preferences to certain product features via a brand-hosted online platform. The recent literature has given increasing attention to how consumers value OSC. However, extant research is characterised by a scarcity of understanding the effects of brand identity and individual differences on consumer responses to OSC. The purpose of this paper is to examine the mediating role of trust and the moderating role of need for uniqueness on the effects of brand identity prestige and brand identity similarity on consumer perceived usefulness of OSC. A field survey, through mall intercept, was conducted to test this conceptual framework. Our findings advance this field by finding that, not only the brand identity and consumer need for uniqueness but also the interaction between them may affect consumers’ evaluation of OSC.