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Factors affecting farmers'choice to adopt risk management strategies:The application of multivariate and multinomial probit models
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作者 Jamal Shah Majed Alharthi 《Journal of Integrative Agriculture》 SCIE CAS CSCD 2024年第12期4250-4262,共13页
This study investigates the factors that impact farmers'adoption of risk management strategies(RMS)in Pakistan during times of uncertainty.The study examines farmers'adoption of RMS using both multinomial prob... This study investigates the factors that impact farmers'adoption of risk management strategies(RMS)in Pakistan during times of uncertainty.The study examines farmers'adoption of RMS using both multinomial probit(MNP)and multivariate probit(MVP).Data were collected from 382 farmers sampled from four districts in KhyberPakhtunkhwa(KP)province of Pakistan via a multistage sampling technique.This study utilizes the MNP model,considering the assumption of Independence of Irrelevant Alternatives(IIA)and incorporating correlated error terms.The objective is to understand farmers'behavior in risky situations and determine if there is heterogeneity.Results are compared with the MVP model to assess robustness and gain deeper understanding of farmers'decisionmaking processes.The research findings reveal that our results are robust,and farmers behave homogeneously in various RMS scenarios.Farmers adopt RMS individually or in combination to mitigate the adverse effects of natural calamities on their livelihood.The risk-averse farmers,who perceive weather-related risks as a threat,access credits and information,and have farms close to a river are more likely to adopt RMS,irrespective of the format of the strategies available.Moreover,the predicted probabilities and correlation of the RMS and RM categories have strengthened our model estimation.These findings provide insights into the behavior of farmers in adopting RMS which are helpful for policymakers and stakeholders in developing strategies to mitigate the impacts of natural calamities on farmers. 展开更多
关键词 multinomial probit model multivariate probit model risk management strategies risk-attitude risk perception
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Impact of an official accountability audit on industrial structure adjustment:a case study of environmental regulation in China
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作者 Yu Xia 《Chinese Journal of Population,Resources and Environment》 2024年第2期167-175,共9页
As a unique environmental regulation in China,the official accountability audit was piloted in 2014.With a focus on prioritizing the ecological environment,officials in pilot districts have implemented economic constr... As a unique environmental regulation in China,the official accountability audit was piloted in 2014.With a focus on prioritizing the ecological environment,officials in pilot districts have implemented economic construction,adjusted industrial structures,and promoted coordinated development between the economy and environment.The effects of implementation have garnered widespread attention from society.However,there is limited research on the impact of an accountability audit on industrial structure adjustments.Using the“Accountability Audit of Officials for Natural Resource Assets(Trial)”released in 2015 as a quasi-natural experiment,this study collected panel data from 279 cities between 2013 and 2017.It then empirically analyzed the impact mechanism and effects of the accountability audit on industrial structure adjustment using the Propensity Score Matching and Difference-in-Differences model.The research findings indicate that the accountability audit directly impacted industrial structure adjustment,promoting the upgrading of the primary industry to the secondary industry and restricting the development of the tertiary industry.In addition,the audit is beneficial for enterprise entry,but not conducive to technological innovation,and has no significant impact on foreign direct investment.This conclusion fills a gap in the existing research and provides valuable insights for policymakers. 展开更多
关键词 Accountability audit Difference-in-differences model Environmental regulation Industrial structure adjustment Quasi-natural experiment
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Preserving environmental quality of ecotourism sites through community participation in Purulia District of West Bengal,India
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作者 Piyall CHATTERJEE Soumyendra Kishore DATTA 《Regional Sustainability》 2024年第3期111-123,共13页
The importance of valuing environmental resources,especially in ecotourism sites,has become increasingly important over the last two decades.Ecotourism is now considered as an important source of livelihood of local s... The importance of valuing environmental resources,especially in ecotourism sites,has become increasingly important over the last two decades.Ecotourism is now considered as an important source of livelihood of local stakeholders in backward regions.Therefore,the preservation of ecotourism sites through community participation seems very important to maintain continued flow of tourists.This study aimed at recognizing the importance of community participation for the preservation of ecotourism sites.For this,this study executed a survey based on non-probability sampling in two ecotourism sites(Garpanchkot and Baranti)covering 100 respondents in Purulia District,West Bengal of India.The central issue of this study was to assess the tendency of community participation for the conservation of ecotourism sites and find the optimum condition for offering participatory labour time.This study showed that the participation of young people is high,and the majority of respondents are aware of the importance in protecting ecotourism sites.Because respondents were too poor to offer money,the contingent valuation method(CVM)was used to elicit their willingness to pay(WTP)participatory labour time for the conservation of ecotourism sites.Respondents’age,income,education level,caste,and their perceived environmental quality had significant relationship with their WTP participatory labour time by applying the ordinary least square(OLS)model.It was found that the mean WTP participatory labour time of each respondent in a month is approximately 3.64 h.The significance of this study is that community participation can improve the sense of belonging,trust,and credibility of ecotourism sites,making them more appreciative of the value and protection of these sites. 展开更多
关键词 Ecotourism site conservation Community participation Local stakeholders Willingness to pay Participatory labour time Ordinary least square(OLS)model Contingent valuation method(CVM)
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Spatio-temporal variation of depth to groundwater level and its driving factors in arid and semi-arid regions of India
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作者 Suchitra PANDEY Geetilaxmi MOHAPATRA Rahul ARORA 《Regional Sustainability》 2024年第2期103-122,共20页
Climate change and increasing anthropogenic activities,such as over-exploitation of groundwater,are exerting unavoidable stress on groundwater resources.This study investigated the spatio-temporal variation of depth t... Climate change and increasing anthropogenic activities,such as over-exploitation of groundwater,are exerting unavoidable stress on groundwater resources.This study investigated the spatio-temporal variation of depth to groundwater level(DGWL)and the impacts of climatic(precipitation,maximum temperature,and minimum temperature)and anthropogenic(gross district product(GDP),population,and net irrigated area(NIA))variables on DGWL during 1994-2020.The study considered DGWL in 113 observation wells and piezometers located in arid western plains(Barmer and Jodhpur districts)and semi-arid eastern plains(Jaipur,Ajmer,Dausa,and Tonk districts)of Rajasthan State,India.Statistical methods were employed to examine the annual and seasonal patterns of DGWL,and the generalized additive model(GAM)was used to determine the impacts of climatic and anthropogenic variables on DGWL.During 1994-2020,except for Barmer District,where the mean annual DGWL was almost constant(around 26.50 m),all other districts exhibited increase in DGWL,with Ajmer District experiencing the most increase.The results also revealed that 36 observation wells and piezometers showed a statistically significant annual increasing trend in DGWL and 34 observation wells and piezometers exhibited a statistically significant decreasing trend in DGWL.Similarly,32 observation wells and piezometers showed an statistically significant increasing trend and 37 observation wells and piezometers showed a statistically significant decreasing trend in winter;33 observation wells and piezometers indicated a statistically significant increasing trend and 34 had a statistically significant decreasing trend in post-monsoon;35 observation wells and piezometers exhibited a statistically significant increasing trend and 32 observation wells and piezometers showed a statistically significant decreasing trend in pre-monsoon;and 36 observation wells and piezometers reflected a statistically significant increasing trend and 30 observation wells and piezometers reflected a statistically significant decreasing trend in monsoon.Interestingly,most of the observation wells and piezometers with increasing trends of DGWL were located in Dausa and Jaipur districts.Furthermore,the GAM analysis revealed that climatic variables,such as precipitation,significantly affected DGWL in Barmer District,and DGWL in all other districts was influenced by anthropogenic variables,including GDP,NIA,and population.As a result,stringent regulations should be implemented to curb excessive groundwater extraction,manage agricultural water demand,initiate proactive aquifer recharge programs,and strengthen sustainable management in these water-scarce regions. 展开更多
关键词 Climate change Generalized additive model(GAM) Depth to groundwater level(DGWL) Climatic and anthropogenic variables Arid and semi-arid regions
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Employment and development levels in rural areas of the Russian Federation
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作者 Guzel SALIMOVA Gulnara NIGMATULLINA +2 位作者 Gamir HABIROV Alisa ABLEEVA Rasul GUSMANOV 《Regional Sustainability》 2024年第3期124-134,共11页
The development of agro-industrial complex is important for ensuring national food security and national health.The development of rural areas is subject to the development of agriculture and local infrastructure,as w... The development of agro-industrial complex is important for ensuring national food security and national health.The development of rural areas is subject to the development of agriculture and local infrastructure,as well as the availability of various services.This study selected 15 indicators in 2021 to analyze the employment and development levels in rural areas of 71 regions of the Russian Federation using the analytical grouping method.The results indicated that 20 regions(Group 1)had the highest percentage of rural population(33.10%).The percentage of population engaged in agriculture had the highest value(12.40%)in 31 regions(Group 2).Moreover,20 regions(Group 3)had the highest investments in fixed assets at the expense of municipal budget(11.80 USD/person).Increasing the investments in fixed assets carried out from the budget of the municipality can improve the employment level in rural areas.Then,we used cluster analysis to divide 14 regions of the Volga Federal District in the Russian Federation into 3 clusters.Cluster 1 covered Kirov Region and Republic of Mari El;Cluster 2 included Ulyanovsk Region,Saratov Region,Nizhny Novgorod Region,Perm Territory,Orenburg Region,Chuvash Region,and Republic of Mordovia;and Cluster 3 contained Republic of Tatarstan,Samara Region,Udmurtian Republic,Penza Region,and Republic of Bashkortostan.Results indicated that the 2 regions of Cluster 1 need to increase the availability of resources and natural gas and improve the investment attractiveness of rural areas.The 7 regions of Cluster 2 needed to develop infrastructure,public services,and agricultural production.We found the highest employment level in rural areas,the largest investments in fixed assets at the expense of municipal budget,the largest residential building area per 10,000 persons,and the largest individual residential building area in the 5 regions of Cluster 3.This study makes it possible to draw up a comprehensive regional development program and proves the need for the development of rural areas,which is especially important for the sustainable development of the Russian Federation. 展开更多
关键词 Rural areas Employment level Labor productivity Investments in fixed assets Sustainable Development Goal(SDG) Russian Federation
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Analysis of the effect of the 2021 Semeru eruption on water vapor content and atmospheric particles using GNSS and remote sensing
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作者 Mokhamad Nur Cahyadi Arizal Bawasir +7 位作者 Syachrul Arief Amien Widodo Meifal Rusli Deni Kusumawardani Yessi Rahmawati Ana Martina Putra Maulida Hilda Lestiana 《Geodesy and Geodynamics》 EI CSCD 2024年第1期33-41,共9页
Mount Semeru,an active volcano in East Java,Indonesia,erupted on December 4,2021,following extreme rainfall that caused an avalanche of hot pyroclastic flows and lava.The tropospheric conditions and dominant particle ... Mount Semeru,an active volcano in East Java,Indonesia,erupted on December 4,2021,following extreme rainfall that caused an avalanche of hot pyroclastic flows and lava.The tropospheric conditions and dominant particle components in the atmosphere can be monitored using Global Navigation Satellite System(GNSS)technology and remote sensing satellites.GNSS signal propagation delay in Precise Point Positioning(PPP)processing can be used to determine Zenith Tropospheric Delay(ZTD)and Precipitable Water Vapor(PWV)variables so that atmospheric conditions can be generated.In addition,by using remote sensing satellite data,it is possible to obtain rainfall data with high temporal resolution as well as the dominant particle and gas content values during eruptions.During the eruption period,the high value of PWV was dominated by the high intensity of precipitation during the rainy season.High rainfall before the eruption caused activity inside the mountain to increase,which occurred in avalanche type eruption.Apart from that,the atmosphere around Semeru was also dominated by SO_(2)content,which spreaded for tens of kilometers.SO_(2)content began to be detected significantly by remote sensing sensors on December 7,2021.In this study,deformation and atmospheric monitoring were also carried out using low-cost GNSS at the Semeru Monitoring Station on September 9-15,2022.The results of the ZTD and ZWD values show the dominance of the wet component,which is directly proportional to rainfall activity in this period. 展开更多
关键词 Semeru GNSS Water vapor RAINFALL SO_(2)
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Statistical Analysis of Abilities to Give Consent to Health Data Processing
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作者 Antonella Massari Biagio Solarino +5 位作者 Paola Perchinunno Angela Maria D’Uggento Marcello Benevento Viviana D’Addosio Vittoria Claudia De Nicolò Samuela L’Abbate 《Applied Mathematics》 2024年第8期508-542,共35页
The recent pandemic crisis has highlighted the importance of the availability and management of health data to respond quickly and effectively to health emergencies, while respecting the fundamental rights of every in... The recent pandemic crisis has highlighted the importance of the availability and management of health data to respond quickly and effectively to health emergencies, while respecting the fundamental rights of every individual. In this context, it is essential to find a balance between the protection of privacy and the safeguarding of public health, using tools that guarantee transparency and consent to the processing of data by the population. This work, starting from a pilot investigation conducted in the Polyclinic of Bari as part of the Horizon Europe Seeds project entitled “Multidisciplinary analysis of technological tracing models of contagion: the protection of rights in the management of health data”, has the objective of promoting greater patient awareness regarding the processing of their health data and the protection of privacy. The methodology used the PHICAT (Personal Health Information Competence Assessment Tool) as a tool and, through the administration of a questionnaire, the aim was to evaluate the patients’ ability to express their consent to the release and processing of health data. The results that emerged were analyzed in relation to the 4 domains in which the process is divided which allows evaluating the patients’ ability to express a conscious choice and, also, in relation to the socio-demographic and clinical characteristics of the patients themselves. This study can contribute to understanding patients’ ability to give their consent and improve information regarding the management of health data by increasing confidence in granting the use of their data for research and clinical management. 展开更多
关键词 PRIVACY Health Data Consent Cluster Analysis LOGIT
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Privacy Protection in COVID Data Tracking: Textual Analysis of the Literature
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作者 Antonella Massari Viviana D’Addosio +1 位作者 Vittoria Claudia De Nicolò Samuela L’Abbate 《Applied Mathematics》 2024年第3期235-255,共21页
The literary review presented in the following paper aims to analyze the tracking tools used in different countries during the period of the COVID-19 pandemic. Tracking apps that have been adopted in many countries to... The literary review presented in the following paper aims to analyze the tracking tools used in different countries during the period of the COVID-19 pandemic. Tracking apps that have been adopted in many countries to collect data in a homogeneous and immediate way have made up for the difficulty of collecting data and standardizing evaluation criteria. However, the regulation on the protection of personal data in the health sector and the adoption of the new General Data Protection Regulation in European countries has placed a strong limitation on their use. This has not been the case in non-European countries, where monitoring methodologies have become widespread. The textual analysis presented is based on co-occurrence and multiple correspondence analysis to show the contact tracing methods adopted in different countries in the pandemic period by relating them to the issue of privacy. It also analyzed the possibility of applying Blockchain technology in applications for tracking contagions from COVID-19 and managing health data to provide a high level of security and transparency, including through anonymization, thus increasing user trust in using the apps. 展开更多
关键词 TRACKING PRIVACY Blockchain Textual Analysis
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The Future Trend of E-Mobility in Terms of Battery Electric Vehicles and Their Impact on Climate Change: A Case Study Applied in Hungary
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作者 Mohamad Ali Saleh Saleh 《American Journal of Climate Change》 2024年第2期83-102,共20页
The transportation sector is responsible for 25% of the total Carbon dioxide (CO2) emissions, whereas 60.6% of this sector represents small and medium passenger cars. However, as noted by the European Union Long-term ... The transportation sector is responsible for 25% of the total Carbon dioxide (CO2) emissions, whereas 60.6% of this sector represents small and medium passenger cars. However, as noted by the European Union Long-term strategy, there are two ways to reduce the amount of CO2 emissions in the transportation sector. The first way is characterized by creating more efficient vehicles. In contrast, the second way is characterized by changing the fuel used. The current study addressed the second way, changing the fuel type. The study examined the potential of battery electric vehicles (BEVs) as an alternative fuel type to reduce CO2 emissions in Hungarys transportation sector. The study used secondary data retrieved from Statista and stata.com to analyze the future trends of BEVs in Hungary. The results showed that the percentage of BEVs in Hungary in 2022 was 0.4% compared to the total number of registered passenger cars, which is 3.8 million. The simple exponential smoothing (SES) time series forecast revealed that the number of BEVs is expected to reach 84,192 in 2030, indicating a percentage increase of 2.21% in the next eight years. The study suggests that increasing the number of BEVs is necessary to address the negative impact of CO2 emissions on society. The Hungarian Ministry of Innovation and Technologys strategy to reduce the cost of BEVs may increase the percentage of BEVs by 10%, resulting in a potential average reduction of 76,957,600 g/km of CO2 compared to gasoline, diesel, hybrid electric vehicles (HEVs), and plug-in hybrid vehicles (PHEVs). 展开更多
关键词 Battery Electric Vehicles (BEVS) GASOLINE DIESEL Hybrid Electric Vehicles (HEVs) Plug-In Hybrid Vehicles (PHEVs) Climate Change Carbon Dioxide (CO2) Emissions
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Economic Burden of Illness of the Cervical Cancer Treatment Protocol in Bangladesh
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作者 Shamima Aktar Md. Shawkat Ali 《Journal of Cancer Therapy》 2024年第10期346-361,共16页
Background: Cervical cancer is a significant health concern in Bangladesh, with high mortality rates due to limited awareness and costly treatments. The disease stages influence treatment protocols, ranging from surge... Background: Cervical cancer is a significant health concern in Bangladesh, with high mortality rates due to limited awareness and costly treatments. The disease stages influence treatment protocols, ranging from surgery and radiotherapy for early stages to chemotherapy and radiation for advanced stages, but survival rates decrease as the cancer progresses. Objective: The objective of this study is to determine the economic impact of the disease and recommend cost-efficient strategies for prevention and treatment. Methods: A population-based, cross-sectional study was conducted with a stratified sample of cervical cancer patients from selected healthcare facilities across Bangladesh. Data collection involved structured interviews and validated questionnaires. The study measured the economic impact, treatment costs, and other related expenses. Quantitative data analysis was performed using SPSS v22, MS-Excel, and R Programming, with Multivariate regression analysis and Post Hoc tests, including the chi-square test, applied to selected indicators. Results: All respondents in the study were female, aged 34 - 75, with 72.3% aged 40 - 50. Most were illiterate (38.6%) and housewives (95.0%). Additionally, 98% were married, 85.10% married before age 18, and 46.50% experienced their first menstruation before age 12. Families typically had a monthly income of 10,000 - 30,000 Taka, spending similar amounts on treatment. Significant relationships were found between educational qualifications, occupation, personal hygiene practices, history of oral contraceptive use, and age of marriage (p Conclusion: The article emphasizes the impact of monthly family income on cervical cancer treatment costs, stressing the need for comprehensive support services to address the financial and emotional burdens faced by patients. Improving access to quality care and implementing measures can enhance outcomes for cervical cancer patients in Bangladesh. 展开更多
关键词 Economic Burden Cervical Cancer Monthly Family Income Treatment Cost Related Others Cost
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Indirect Water Consumption:The Scope 3 of Water?Estimation of This Indicator in Sectors Relying on Agriculture
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作者 Grégory Schneider-Maunoury Nour Emam +6 位作者 Maria Fernanda Estrada Cabeza de Vaca Anass Fathi Ricardo Henao Martinez Kahan Korkmaz Omar Mghaieth Christianah Ramanalinjatovo Syrine Saidi 《Journal of Environmental Science and Engineering(A)》 CAS 2024年第3期77-85,共9页
The aim of this research project is to assess indirect water consumption,that represents the water consumed in the upstream part of the production life cycle.Estimations are provided for agriculture related companies,... The aim of this research project is to assess indirect water consumption,that represents the water consumed in the upstream part of the production life cycle.Estimations are provided for agriculture related companies,as agriculture represents 70%of water consumption on Earth.This consumption varies greatly according to the countries where supply chain is located.The estimation is attempted for 27 European listed companies in sectors relying on agriculture in its supply chain.A data is estimated for 22 companies,showing that indirect water consumption is much more important than direct one.Strategic questions raised through the estimation of indirect water consumption in various subsectors show the interest in this data,which represents the equivalent of Carbon Scope 3 for water issues. 展开更多
关键词 Water consumption water footprint financial materiality impact materiality sustainability reporting
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A Structured Method of Teaching Epidural Block reduces the incidence of accidental dural puncture in inexperienced trainees.
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作者 Marco Scorzoni Gianluigi Gonnella +4 位作者 Emanuele Capogna Marina Campione Gaetano Draisci Matteo Velardo Giorgio Capogna 《Open Journal of Anesthesiology》 2024年第4期131-135,共5页
Background: The rate of accidental dural puncture is particularly high during the period of training, especially in novices. The structured epidural teaching model (SETM) includes three standardized video lessons, the... Background: The rate of accidental dural puncture is particularly high during the period of training, especially in novices. The structured epidural teaching model (SETM) includes three standardized video lessons, the construction of a 3D epidural module by trainees and practical training by using an epidural simulator with and without the CompuFlo™ Epidural instrument. In this study we report the retrospective analysis of the accidental dural puncture rate of inexperienced trainees during their 6 months clinical practice rotation in obstetrics before and after the introduction of the SETM in our Institution. Method: We evaluated the incidence of accidental dural puncture before the introduction of the SETM methodology and afterwards by analyzing our departmental database from February 2019 to January 2023. All epidural blocks were executed by trainees who had never previously performed an epidural block and were about to begin their obstetrics rotation. Results: We analyzed 7415 epidurals: 3703 were performed before the introduction of the SETM methodology (control group) and 3712 afterwards (study group). The incidence of accidental dural puncture was 0.37% for the control group and 0.13% for the study group (p<.05). The probability of making an accidental dural puncture was 64% (OR: 0.36) lower for trainees who had the training than for those who did not. Conclusions: After the introduction of the structured teaching method, we observed a significant reduction of accidental dural puncture during the training period. We hope that our observation will encourage a constructive discussion among experts about the need to use standardized and validated tools as a valuable aid in teaching epidural anesthesia. 展开更多
关键词 TEACHING epidural Anesthesia obstetrical Anesthesia ANESTHESIA
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Virtual Water Flows of Brazil’s International Trade
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作者 Umberto Antonio Sesso Filho Ricardo Luís Lopes +2 位作者 Carlos Alberto Gonçalves Junior Emerson Guzzi Zuan Esteves Patrícia Pompermayer Sesso 《Journal of Geoscience and Environment Protection》 2024年第10期21-37,共17页
The study aims to measure virtual water flows in Brazil’s international trade. The methodology is based on the input-output matrix, and the database used was the Eora Global Supply Chain Database. The results showed ... The study aims to measure virtual water flows in Brazil’s international trade. The methodology is based on the input-output matrix, and the database used was the Eora Global Supply Chain Database. The results showed that Brazil exported 230.8 billion m3 of virtual water per year, representing approximately 34.7% of the water footprint of the national production system in 2015. Virtual water imports totaled 111.6 billion m3 with a positive balance (net exports) of 119.2 billion m3. The country is a net exporter of this resource except for trade relations with South America and Africa, regions with negative balances of −36 billion m3 and 3 billion m3, respectively. The main destinations for virtual water exports from Brazil are Europe, with 41% of the total exported, followed by Asia and North America, with values close to 20%. The fact that Brazil is a net exporter of water makes sustainable use of the resource important, as the diversity of climate, soil, and water availability at a regional level is a challenge, which makes it essential to increase the efficiency of the use and management of water resources. 展开更多
关键词 Natural Resources Water Balance INPUT-OUTPUT ENVIRONMENT
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Hourly Wage and the Likelihood of Stealing an Item
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作者 Benjamin Borketey David Borketey 《Journal of Data Analysis and Information Processing》 2024年第2期289-303,共15页
Researchers have extensively explored the impact of wages on individuals’ decisions to engage in property crimes. While most of these studies in the past have relied on macro-level data to investigate the relationshi... Researchers have extensively explored the impact of wages on individuals’ decisions to engage in property crimes. While most of these studies in the past have relied on macro-level data to investigate the relationship between crime rates and hourly wages, this paper takes a novel approach by utilizing micro-level data to examine the influence of hourly wages on the likelihood of stealing an item valued at least $50. The results obtained from the estimations reveal that an increase in hourly wage leads to a decrease in the probability of theft, all other factors being held constant. Further estimation by gender revealed that hourly wages given to both male and female have no bearing on the decision to steal. Additionally, the analysis of the differences in theft probabilities across gender and race demonstrates that males consistently exhibit a higher likelihood of engaging in theft when compared to females across various racial groups. 展开更多
关键词 CRIME Hourly Wage MALE FEMALE Logistic Regression
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How signaling and search costs affect information asymmetry in P2P lending:the economics of big data 被引量:6
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作者 Jiaqi Yan Wayne Yu JLeon Zhao 《Financial Innovation》 2015年第1期279-289,共11页
In the past decade,online Peer-to-Peer(P2P)lending platforms have transformed the lending industry,which has been historically dominated by commercial banks.Information technology breakthroughs such as big data-based ... In the past decade,online Peer-to-Peer(P2P)lending platforms have transformed the lending industry,which has been historically dominated by commercial banks.Information technology breakthroughs such as big data-based financial technologies(Fintech)have been identified as important disruptive driving forces for this paradigm shift.In this paper,we take an information economics perspective to investigate how big data affects the transformation of the lending industry.By identifying how signaling and search costs are reduced by big data analytics for credit risk management of P2P lending,we discuss how information asymmetry is reduced in the big data era.Rooted in the lending business,we propose a theory on the economics of big data and outline a number of research opportunities and challenging issues. 展开更多
关键词 Lending industry P2P lending Big data Economics of big data Fintech Information economics
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Exploring the moderating role of financial development in environmental Kuznets curve for South Africa:fresh evidence from the novel dynamic ARDL simulations approach 被引量:2
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作者 Maxwell Chukwudi Udeagha Marthinus Christoffel Breitenbach 《Financial Innovation》 2023年第1期79-130,共52页
The extant literature has produced mixed evidence on the relationship between finan-cial development and ecological sustainability.This work addresses this conundrum by investigating financial development’s direct an... The extant literature has produced mixed evidence on the relationship between finan-cial development and ecological sustainability.This work addresses this conundrum by investigating financial development’s direct and indirect consequences on ecologi-cal quality utilizing the environmental Kuznets curve(EKC)methodological approach.Our empirical analysis is based on the novel dynamic autoregressive distributed lag simulations approach for South Africa between 1960 and 2020.The results,which used five distinct financial development measures,demonstrate that financial develop-ment boosts ecological integrity and environmental sustainability over the long and short terms.In the instance of South Africa,we additionally confirm the validity of the EKC theory.More importantly,the outcomes of the indirect channels demonstrate that financial development increases energy usage’s role in causing pollution while attenuating the detrimental impacts of economic growth,trade openness,and foreign direct investment on ecological quality.Moreover,the presence of an inadequate financial system is a requirement for the basis of the pollution haven hypothesis(PHH),which we examine using trade openness and foreign direct investment variables.PHH for both of these variables disappears when financial development crosses specified thresholds.Finally,industrial value addition destroys ecological quality while tech-nological innovation enhances it.This research provides some crucial policy recom-mendations and fresh perspectives for South Africa as it develops national initiatives to support ecological sustainability and reach its net zero emissions goal. 展开更多
关键词 Financial development Trade openness CO_(2)emissions Dynamic ARDL simulations Energy consumption EKC COINTEGRATION Economic growth Foreign direct investment Industrial value-added South Africa
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Dynamicity of Land Use/Land Cover(LULC):An analysis from peri-urban and rural neighbourhoods of Durgapur Municipal Corporation(DMC)in India 被引量:1
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作者 Subrata HALDAR Somnath MANDAL +1 位作者 Subhasis BHATTACHARYA Suman PAUL 《Regional Sustainability》 2023年第2期150-172,共23页
The availability of better economic possibilities and well-connected transportation networks has attracted people to migrate to peri-urban and rural neighbourhoods,changing the landscape of regions outside the city an... The availability of better economic possibilities and well-connected transportation networks has attracted people to migrate to peri-urban and rural neighbourhoods,changing the landscape of regions outside the city and fostering the growth of physical infrastructure.Using multi-temporal satellite images,the dynamics of Land Use/Land Cover(LULC)changes,the impact of urban growth on LULC changes,and regional environmental implications were investigated in the peri-urban and rural neighbourhoods of Durgapur Municipal Corporation in India.The study used different case studies to highlight the study area’s heterogeneity,as the phenomenon of change is not consistent.Landsat TM and OLI-TIRS satellite images in 1991,2001,2011,and 2021 were used to analyse the changes in LULC types.We used the relative deviation(RD),annual change intensity(ACI),uniform intensity(UI)to show the dynamicity of LULC types(agriculture land;built-up land;fallow land;vegetated land;mining area;and water bodies)during 1991-2021.This study also applied the Decision-Making Trial and Evaluation Laboratory(DEMATEL)to measure environmental sensitivity zones and find out the causes of LULC changes.According to LULC statistics,agriculture land,built-up land,and mining area increased by 51.7,95.46,and 24.79 km^(2),respectively,from 1991 to 2021.The results also suggested that built-up land and mining area had the greatest land surface temperature(LST),whereas water bodies and vegetated land showed the lowest LST.Moreover,this study looked at the relationships among LST,spectral indices(Normalized Differenced Built-up Index(NDBI),Normalized Difference Vegetation Index(NDVI),and Normalized Difference Water Index(NDWI)),and environmental sensitivity.The results showed that all of the spectral indices have the strongest association with LST,indicating that built-up land had a far stronger influence on the LST.The spectral indices indicated that the decreasing trends of vegetated land and water bodies were 4.26 and 0.43 km^(2)/a,respectively,during 1991-2021.In summary,this study can help the policy-makers to predict the increasing rate of temperature and the causes for the temperature increase with the rapid expansion of built-up land,thus making effective peri-urban planning decisions. 展开更多
关键词 Land Use/Land Cover(LULC) Peri-urban and rural neighbourhoods Normalized Differenced Built-up Index(NDBI) Normalized Difference Vegetation Index(NDVI) Normalized Difference Water Index(NDWI) Land surface temperature(LST) Environmental sensitivity
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The influence of CEO’s financial literacy on SMEs technological innovation:the mediating effects of MCS and risk‑taking 被引量:1
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作者 Antonio Duréndez Julio Dieguez‑Soto Antonia Madrid‑Guijarro 《Financial Innovation》 2023年第1期371-396,共26页
Previous literature showed mixed results about the impact of CEOs’financial literacy(CFL)on small and medium-sized enterprises’(SMEs)innovation.This relationship can be motivated by relevant variables,which are miss... Previous literature showed mixed results about the impact of CEOs’financial literacy(CFL)on small and medium-sized enterprises’(SMEs)innovation.This relationship can be motivated by relevant variables,which are missing in the previous literature and make a difference as mediators.In this sense,based on the theoretical framework related to upper echelon theory and resource-based view,this study focuses on the mediating effect of risk-taking attitude and management control systems(MCS)varia-bles.Empirical data from 310 SMEs gathered using a qualitative research questionnaire are analyzed using structural equation modeling methodology.Specifically,estimations are carried out considering the partial least square method.Findings show that MCS and managers’risk attitudes fully mediate the relationship between financial literacy(FL)and innovation.Between these two mediating variables,the implementation of MCS stands out because it also enables the mediating effect of CEOs’risk-taking in the CFL–technological innovation relationship.As the results do not support the significant direct relationship between FL and risk attitude,they confirm an indirect effect through MCS.Furthermore,based on the study findings,SMEs’directors and owners,business associations,and public authorities can improve SMEs’technological innovation by implementing training programs and policies to foster CFL.They can also acknowledge the interdependency between organizational factors and individual characteristics to enhance SMEs’technological innovation. 展开更多
关键词 Financial literacy Technological innovation Small and medium-sized enterprises Risk-taking Management control systems
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Construct Validation by Hierarchical Bayesian Concept Maps: An Application to the Transaction Cost Economics Theory of the Firm
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作者 Matilde Trevisani 《Applied Mathematics》 2017年第7期1016-1030,共15页
A concept map is a diagram depicting relationships among concepts which is used as a knowledge representation tool in many knowledge domains. In this paper, we build on the modeling framework of Hui et al. (2008) in o... A concept map is a diagram depicting relationships among concepts which is used as a knowledge representation tool in many knowledge domains. In this paper, we build on the modeling framework of Hui et al. (2008) in order to develop a concept map suitable for testing the empirical evidence of theories. We identify a theory by a set of core tenets each asserting that one set of independent variables affects one dependent variable, moreover every variable can have several operational definitions. Data consist of a selected sample of scientific articles from the empirical literature on the theory under investigation. Our “tenet map” features a number of complexities more than the original version. First the links are two-layer: first-layer links connect variables which are related in the test of the theory at issue;second-layer links represent connections which are found statistically significant. Besides, either layer matrix of link-formation probabilities is block-symmetric. In addition to a form of censoring which resembles the Hui et al. pruning step, observed maps are subject to a further censoring related to second-layer links. Still, we perform a full Bayesian analysis instead of adopting the empirical Bayes approach. Lastly, we develop a three-stage model which accounts for dependence either of data or of parameters. The investigation of the empirical support and consensus degree of new economic theories of the firm motivated the proposed methodology. In this paper, the Transaction Cost Economics view is tested by a tenet map analysis. Both the two-stage and the multilevel models identify the same tenets as the most corroborated by empirical evidence though the latter provides a more comprehensive and complex insight of relationships between constructs. 展开更多
关键词 CONCEPT MAP GRAPH MODEL HIERARCHICAL BAYESIAN Approach
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Quantum Model of Decision-Making in Economics
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作者 Bodo Herzog 《Journal of Quantum Information Science》 2015年第1期1-5,共5页
The paper designs a quantum model of decision-making (QMDM) that utilizes neuroscientific evidence. The new model provides both normative and positive implications to economics. First, it enhances the study of decisio... The paper designs a quantum model of decision-making (QMDM) that utilizes neuroscientific evidence. The new model provides both normative and positive implications to economics. First, it enhances the study of decision-making which is an extension of the expected utility theory (EUT) in mathematical economics. Second, we demonstrate how the quantum model mitigates drawbacks of the expected utility theory of today. 展开更多
关键词 QUANTUM THEORY in ECONOMICS DECISION-MAKING UTILITY MAXIMIZATION
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