Jan'22


The IUP Journal of Applied Economics

ISSN: 0972-6861

A peer reviewed journal indexed on Cabell's Directory, and also distributed by EBSCO and Proquest Database

It is a quarterly journal that analyzes the issues of Micro, Macro, Development and Energy economics. It provides papers on Industrial economics, Public finance, Industry, Agricultural, Rural economics, etc.

Privileged access to Online edition for Subscribers.

Focus Areas
  • Microeconomics
  • Macroeconomics
  • Industrial Economics
  • Public Finance
  • International-Trade-and Business
  • Financial Economics
  • International Finance
  • Energy Economics
  • Environmental Economics
  • Labor Economics
  • Development Economics
  • Agriculture-and-Rural-Economics
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Article   Price (₹) Buy
Does Sustainable Livelihood Security Have a Relationship with Climatic and Geographical Factors? Evidence from a State-Wise Panel Data Investigation in India
50
Asymmetric Effect of Energy Consumption and Economic Growth on Carbon Emissions in Ghana: Evidence from Nonlinear ARDL Approach
50
Confidence and Economic Activity in Europe
50
Industry Characteristics and Average Stock Returns: Evidence from India
50
An Interview With Professor Ashima Goyal
50
       
Contents : (Jan'22)

Does Sustainable Livelihood Security Have a Relationship with Climatic and Geographical Factors? Evidence from a State-Wise Panel Data Investigation in India
Ajay K Singh, Sanjeev Kumar and Bhim Jyoti

This study develops a state-wise Sustainable Livelihood Security Index (SLSI) by combining the Economic Efficiency Index (EEI), Social Equity Index (SEI), and Ecological Security Index (ESI) during 2000-2018. Thereafter, it examines the impact of climatic and geographical factors on Sustainable Livelihood Security (SLS). Principal Component Analysis (PCA) technique, linear, log-linear, and nonlinear regression models are used for the aforesaid investigations. The descriptive results reveal that India's SLS increases with economic efficiency, social equity, and ecological security. There is high diversity in SLS across the Indian states due to variations in climate change and economic efficiency, social equity, and ecological security associated variables. It also finds that minimum temperature, precipitation, rainfall, and latitudinal location of the respective states have a negative relation with SLSI. Based on the empirical results, it is suggested to focus on the indicators that have a positive association with SLS. Moreover, there is a need to implement effective policies to eliminate the impact of climate change on SLS in India.


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Article Price : ? 50

Asymmetric Effect of Energy Consumption and Economic Growth on Carbon Emissions in Ghana: Evidence from Nonlinear ARDL Approach
Abdallah Abdul-Mumuni, Abubakar Musah, Issah Mohammed, Michael Insaidoo and Nuhu Abdulrahman Alhassan

This paper explores the asymmetric effect of energy consumption and economic growth on carbon emissions in Ghana for the period 1970-2019. The empirical analysis employs the Nonlinear Autoregressive Distributed Lag (NARDL) approach to decompose energy consumption and economic growth into positive and negative partial sum so as to explore possible asymmetric effects of the variables on carbon emissions. The results show evidence of cointegration among the variables and the presence of asymmetry for energy consumption in the short and long run, and only long-run asymmetry exists for economic growth. Again, the findings suggest that in Ghana, positive shocks in energy consumption have significant increasing effect on carbon emissions in the long run and negative shocks in energy consumption exert decreasing effects on carbon emissions. However, the impact of positive shocks is much greater than the impact of negative shocks. The results also reveal that in the long run, positive shocks in economic growth have significant decreasing effect on carbon emissions and vice versa. It is recommended that the government of Ghana develop policies aimed at encouraging the use of renewable energy and energy-efficient technologies.


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Article Price : ? 50

Confidence and Economic Activity in Europe
Alessandro Saccal

This study supplies additional empirical evidence of responses in real economic activity to shocks in confidence. A Structural Vector Autoregression (SVAR), featuring confidence, real consumption and real output, is constructed with respect to the Euro Area (EA) and eight European nations. The results are mixed: responses exhibit reversibility and irreversibility, suggesting the formulation of a theoretical mechanism capable of formalizing such a variety. The potential causes behind confidence in the same nations are, moreover, evaluated through a panel data regression. The results indicate aversion towards output, inflation, unemployment, monetary independence and financial openness, but favor population, exchange rate rigidity and the accumulation of sovereign debt.


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Article Price : ? 50

Industry Characteristics and Average Stock Returns: Evidence from India
Anita

As every industry is different in respect of competition, foreign exposure, profitability, etc., there is a need to examine their specific characteristics and assess their influence on stock returns. Therefore, this study attempts to examine the characteristics of selected industries and their influence on stock returns using panel data regression. On average, there are still some industries that are highly concentrated like warehousing and support activities for transportation, civil engineering, etc. More competition in these industries should be welcomed. As most of them are driven by the domestic market, steps need to be taken to increase their global market presence. Based on the examination of the influence of industry-specific factors on stock returns, the findings suggest that investors should focus on the average return on total assets to evaluate investment profile of stocks belonging to a particular industry.


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An Interview With Professor Ashima Goyal
GRK Murty

With a passion for reading and an innate disposition towards asking probing questions, this girl child preferred reasoning and inferring logically rather than simply memorizing the texts, regularly topping class after class in school. Being the daughter of doctor-parents, coupled with an excellent academic record, she Joined Hindu College, New Delhi, then considered the best campus for pre-med. But after working as a volunteer in an army hospital and having realized that she was not cut for spending time in and around hospitals, she rationally chose economics. She then obtained her MA and MPhil in economics from Delhi School of Economics and a PhD from Bombay University.


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Article Price : ? 50