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1 – 10 of 12Anirban Sarkar, Prabal Chakraborty and Suchitra Kumari
Europe and North America have witnessed consistent decline in the manufacturing sector over a period of time. It is also evident from the existing literature that shows growth of…
Abstract
Europe and North America have witnessed consistent decline in the manufacturing sector over a period of time. It is also evident from the existing literature that shows growth of Indian manufacturing industries is not at all satisfactory. The objective of the chapter is to analyze the manufacturing sector in India and also to highlight key factors related to the growth of manufacturing industry with special emphasis on Eastern India.
For the estimation, cluster sampling was used to collect data from 166 respondents in India. We initially sent the questionnaire to 200 entrepreneurs out of which 34 respondents did not retrograde. As a result the total sample size was 166. The scales were made operational by using 5-point Likert scales (1 = “Strongly Disagree” to 5 = “Strongly Agree”). We also followed recommended sample size for conducting multinomial logistic regression.
It is found that liberalized foreign direct investment policy, focus on export, focus on increasing rural consumption, delicensing of industries, and financial sector liberalization significantly influence sustainable economic development.
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Darpajit Sengupta and Saikat Sinha Roy
This study aims to determine the export price pass-through elasticity, specifically for Indian exports. It employs static and dynamic panel data techniques to estimate these…
Abstract
This study aims to determine the export price pass-through elasticity, specifically for Indian exports. It employs static and dynamic panel data techniques to estimate these elasticities. Notably, the pass-through effect is more significant in the long term compared to the short term. The dynamic panel analysis, considering broader economic factors, identifies trade openness and global demand as statistically significant in explaining export price variations. Additionally, the study reveals that the response of export prices to exchange rate changes depends on the nature of those changes, with depreciation having a lesser impact than appreciation. Furthermore, this chapter emphasizes the importance of analyzing these effects at the product level for a comprehensive understanding of the underlying mechanisms. The implications of these findings underscore the crucial role of exchange rates as a policy tool for promoting exports and economic growth, as well as their potential in reducing current account deficits.
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Franco Manuel Sancho-Esper and Francisco José Mas-Ruiz
The purpose of this paper is to analyse the role of switching costs (SwCs) on established firm cost behaviour towards a competitive entry in the Spanish domestic airline market…
Abstract
Purpose
The purpose of this paper is to analyse the role of switching costs (SwCs) on established firm cost behaviour towards a competitive entry in the Spanish domestic airline market, taking into account the entrant profile and airport capacity restrictions.
Design/methodology/approach
The dynamic model is based on information of 193 Spanish domestic routes in which incumbents react to entrants (quarterly data during 10 years, 620 reactions are analysed). The balanced panel used is constructed by setting up a multiple-source database based on accounting and industrial engineering procedures.
Findings
Results show that both entrant profile and regulatory constraints conditions incumbent cost reaction (CR) to entry at the route-level. Regression models show that the relationship between SwCs and incumbent reaction is moderated by the entrant profile and the regulatory conditions of the market.
Practical implications
This study reveals the importance of policy measures aimed at reducing firm market power and increasing consumer protection in the airline industry, in which SwCs are artificially created at the company’s discretion and where operating costs at the route-level need to be evaluated together with the various service elements.
Originality/value
This study complements current literature related to incumbent CR to entry in the airline industry since it analyses the specific reaction performed by a carrier at the route-level. Moreover, it analyses the whole set of routes in the Spanish domestic market rather than a selection of it. It also explicitly includes three alternative measures of SwCs that can influence such incumbent reaction.
Objetivo
Esta investigación analiza el papel de los costes de cambio en el comportamiento en costes de las empresas establecidas ante las entradas competitivas en el mercado aéreo nacional español, teniendo en cuenta el perfil de los entrantes y las restricciones de capacidad de los aeropuertos.
Diseño/Metodología/Enfoque
El modelo dinámico propuesto se basa en la información de 193 rutas nacionales españolas en las que los implicados reaccionan ante los nuevos entrantes (datos trimestrales durante 10 años, se analizan 620 reacciones). El panel equilibrado utilizado se construye configurando una base de datos de múltiples fuentes basada en procedimientos de contabilidad de costes e ingeniería industrial.
Resultados (Hallazgos)
Los resultados muestran que tanto el perfil del entrante como las restricciones a la entrada condicionan la reacción en costes del implicado ante la entrada a nivel de ruta. Los resultados de las regresiones muestran que la relación entre los costes de cambio y la reacción del implicado está moderada tanto por el perfil del entrante como por las condiciones regulatorias del mercado.
Implicaciones prácticas
Este estudio revela la importancia de las medidas de política destinadas a reducir el poder de mercado de las empresa y a aumentar la protección del consumidor en el sector de las aerolíneas, en las que los costes de cambio se crean artificialmente a discreción de la compañía y donde los costes operativos a nivel de ruta deben evaluarse juntos con diversos elementos de servicio.
Originalidad/Valor
Este estudio complementa la literatura actual relacionada con la reacción del implicado ante la entrada en el sector de las aerolíneas, ya que analiza la reacción específica realizada por las compañías a nivel de ruta. Además, analiza de forma exhaustiva el conjunto de rutas en el mercado nacional español en lugar de una muestra de ellas. También, incluye explícitamente tres medidas alternativas de costes de cambio que pueden influir en dicha reacción predominante.
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Babak Zareiyan and Behrokh Khoshnevis
This paper aims to investigate the extrudability (flow-ability and shape-stability) of concrete mixtures by using contour crafting (CC) as an automated construction process.
Abstract
Purpose
This paper aims to investigate the extrudability (flow-ability and shape-stability) of concrete mixtures by using contour crafting (CC) as an automated construction process.
Design/methodology/approach
Several experiments have been performed for flow-ability and shape-stability of concrete mixtures. Experimental results were compared to understand significant factors and their interactions. After developing the empirical model for flow-ability, the model was validated.
Findings
The experimental investigation of varied combination of concrete components developed a mixture within constrains of the CC nozzle and improved the quality of the extruded part.
Originality/value
Several experimental samples were fabricated using CC, and the derived empirical model was validated after more than 700 h of work.
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Wilfrido Martinez-Molina, Andres Torres-Acosta, Rosalba Hernández-Leos, Elia Alonso-Guzman, Itzel Mendoza-Pérez and Itandehui Martinez-Peña
The purpose of this paper is to determine if a type of cactus mucilage, Opuntia ficus-indica (OFI), may act as a corrosion inhibitor for carbon steel in cement-based materials…
Abstract
Purpose
The purpose of this paper is to determine if a type of cactus mucilage, Opuntia ficus-indica (OFI), may act as a corrosion inhibitor for carbon steel in cement-based materials (mortar) exposed to chloride-laden environment.
Design/methodology/approach
Mortar prisms, reinforced with carbon steel rods, were immersed in sodium chloride (NaCl) solution for five wet – dry cycles. The experimentation included electrochemical monitoring (corrosion potential, Ecorr, and polarization resistance, Rp) of carbon steel during the time of exposure until corrosion-induced cracking appeared at the mortar surface. Crack survey on the mortar prisms was performed. Carbon steel rods were retrieved from the mortar after crack survey and steel mass loss at the end of the experimental period was estimated. A comparison between the different mixtures was also performed.
Findings
OFI mucilage did perform as a corrosion inhibitor of steel in chloride contaminated mortar.
Research limitations/implications
The experimental program needs to be corroborated in concrete specimens with typical dimensions. The surface oxide/hydroxide formation of the carbon steel in contact with the OFI mucilage is still unknown; thus, electrochemical impedance spectroscopy (EIS) and X-ray diffraction (XRD) analyses are needed.
Practical implications
OFI mucilage is a suitable natural product that can be used to increase durability of concrete structures not only in countries where OFI cactus is produced, but also in many other countries where this plant is considered a plague.
Originality/value
The new information obtained from this paper is the innovative use of a by-product of this cactus plant for construction industry applications.
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Riccardo Bellofiore and Scott Carter
Resurgent interest in the life and work of the Italian Cambridge economist Piero Sraffa is leading to New Directions in Sraffa Scholarship. This chapter introduces readers to some…
Abstract
Resurgent interest in the life and work of the Italian Cambridge economist Piero Sraffa is leading to New Directions in Sraffa Scholarship. This chapter introduces readers to some of these developments. First and perhaps foremost is the fact that as of September 2016 Sraffa’s archival material has been uploaded onto the website of the Wren Library, Trinity College, Cambridge University, as digital colour images; this chapter introduces readers to the history of these events. This history provides sharp relief on the extant debates over the role of the archival material in leading to the final publication of Production of Commodities by Means of Commodities, and readers are provided a brief sketch of these matters. The varied nature of Sraffa scholarship is demonstrated by the different aspects of Sraffa’s intellectual legacy which are developed and discussed in the various entries of our Symposium. The conclusion is reached that we are on the cusp of an exciting phase change of tremendous potential in Sraffa scholarship.
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Cites the fight against fraud as a high priority for European citizens, European institutions and national parliaments. Asks what path the European institutions follow since the…
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Cites the fight against fraud as a high priority for European citizens, European institutions and national parliaments. Asks what path the European institutions follow since the adoption of the founding treaties in order to combat fraud and its inevitable effects. Overviews the connection between the allocation of competence and the legal basis principle concerning anti‐fraud policy. Follows by tackling the effects of budgetary mechanisms and finishes by attempting to shed light on the development of internal anti‐fraud structures within the Commission. Allows the reader to understand the conflict between the acquisition of powers for the Community institutions to fight fraud and the protection of criminal law jurisdiction as the prerogative of the national state.
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“Companies, particularly those which sell goods or services direct to the public, regard their trade marks (whether brand names or pictorial symbols) as being among their most…
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“Companies, particularly those which sell goods or services direct to the public, regard their trade marks (whether brand names or pictorial symbols) as being among their most valuable assets. It is important therefore for a trading nation such as the United Kingdom to have a legal framework for the protection of trade marks which fully serves the needs of industry and commerce. The law governing registered trade marks is however fifty years old and has to some extent lost touch with the marketplace. Moreover it causes some of the procedures associated with registration to be more complicated than they need be.” This introductory paragraph to the Government's recent White Paper on “Reform of Trade Marks Law” indicates that reform is in the air. The primary pressure for reform has emanated from Brussels with the need to harmonise national trade mark laws before the advent of the Single European market on 1st January 1993. To this end the Council of Ministers adopted a harmonisation directive in December 1988 which must be translated into the national laws of member states by 28th December 1991.
Contemporary interest in vulnerable employment groups has focused on women, ethnic minorities and the secondary labour market. Social discrimination, marginal employment and low…
Abstract
Contemporary interest in vulnerable employment groups has focused on women, ethnic minorities and the secondary labour market. Social discrimination, marginal employment and low pay are the badges of vulnerability of these groups. As Section 2 shows, labour law's response to employment vulnerability has been piecemeal and tangential with the result that progress towards the enjoyment of basic employment rights by vulnerable workers has been slow and fortuitous. People with disabilities possess many of the traits of vulnerability shared by other disadvantaged groups but receive only a footnote in the pages of labour law. This article records the developing debate on the employment rights of disabled people and places it in the context of the current analysis of employment vulnerability.
Darra Hofman, Victoria Louise Lemieux, Alysha Joo and Danielle Alves Batista
This paper aims to explore a paradoxical situation, asking whether it is possible to reconcile the immutable ledger known as blockchain with the requirements of the General Data…
Abstract
Purpose
This paper aims to explore a paradoxical situation, asking whether it is possible to reconcile the immutable ledger known as blockchain with the requirements of the General Data Protection Regulations (GDPR), and more broadly privacy and data protection.
Design/methodology/approach
This paper combines doctrinal legal research examining the GDPR’s application and scope with case studies examining blockchain solutions from an archival theoretic perspective to answer several questions, including: What risks are blockchain solutions said to impose (or mitigate) for organizations dealing with data that is subject to the GDPR? What are the relationships between the GDPR principles and the principles of archival theory? How can these two sets of principles be aligned within a particular blockchain solution? How can archival principles be applied to blockchain solutions so that they support GDPR compliance?
Findings
This work will offer an initial exploration of the strengths and weaknesses of blockchain solutions for GDPR compliant information governance. It will present the disjunctures between GDPR requirements and some current blockchain solution designs and implementations, as well as discussing how solutions may be designed and implemented to support compliance. Immutability of information recorded on a blockchain is a differentiating positive feature of blockchain technology from the perspective of trusted exchanges of value (e.g. cryptocurrencies) but potentially places organizations at risk of non-compliance with GDPR if personally identifiable information cannot be removed. This work will aid understanding of how blockchain solutions should be designed to ensure compliance with GDPR, which could have significant practical implications for organizations looking to leverage the strengths of blockchain technology to meet their needs and strategic goals.
Research limitations/implications
Some aspects of the social layer of blockchain solutions, such as law and business procedures, are also well understood. Much less well understood is the data layer, and how it serves as an interface between the social and the technical in a sociotechnical system like blockchain. In addition to a need for more research about the data/records layer of blockchains and compliance, there is a need for more information governance professionals who can provide input on this layer, both to their organizations and other stakeholders.
Practical implications
Managing personal data will continue to be one of the most challenging, fraught issues for information governance moving forward; given the fairly broad scope of the GDPR, many organizations, including those outside of the EU, will have to manage personal data in compliance with the GDPR. Blockchain technology could play an important role in ensuring organizations have easily auditable, tamper-resistant, tamper-evident records to meet broader organizational needs and to comply with the GDPR.
Social implications
Because the GDPR professes to be technology-neutral, understanding its application to novel technologies such as blockchain provides an important window into the broader context of compliance in evolving information governance spaces.
Originality/value
The specific question of how GDPR will apply to blockchain information governance solutions is almost entirely novel. It has significance to the design and implementation of blockchain solutions for recordkeeping. It also provides insight into how well “technology-neutral” laws and regulations actually work when confronted with novel technologies and applications. This research will build upon significant bodies of work in both law and archival science to further understand information governance and compliance as we are shifting into the new GDPR world.
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