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| Paper Type | : | Research Paper |
| Title | : | An Evaluation of Industrial Promotional Agencies in Himachal Pradesh |
| Country | : | India |
| Authors | : | Dr. Usha Sharma |
| : | 10.9790/487X-0320107 ![]() |
Abstract: Industrialisation is a comparatively recent phenomenon in Himachal Pradesh. It gained momentum during the last two decades. Monetary and fiscal benefits as incentives and subsidies to industry, provided by the state as well as the central government, and the availability of quality infrastructure with basic amenities, have played a key role in the industrial development of the state. Industries in Himachal Pradesh, are now producing from traditional to a wide spectrum of high –tech products like computer monitors, magnetic components, high quality precision components, tele-communication equipments, electronics, drugs and pharmaceutical Is, processed food, textiles, and spinning products. The contribution of the industrial and manufacturing sector has increased significantly. In this backdrop, present paper, is an attempt to analyse the availability of infrastructural facilities apart from knowing the reason(s) for setting up industrial units in Himachal Pradesh. The paper is divided into two sections: section I deals with perception of the Industrial Promotional Agencies in the development of industries in Himachal Pradesh and section II deals with critical evaluation of the role of Industrial Promotional Agencies in promoting industrial industrialisation in Himachal Pradesh with the help of factor analysis.
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[10] Bhushan, "Promoting Rural Industrialisation for Higher Productivity and Employment Generation", A Journal of Ministry of Rural Area and Employment, Sep. 1995, pp 48.
[2] Patil, S.Y. "A qualitative Approach Towards Industrialisation for 21st Century", Indian Industry's in 90's Common-Wealth Publishers, New Delhi, 1991, p. 167.
[3] S.S., "Lopsided Industrial Development within an Industrially Induced Division" (Policy Implications for Nineties), Indian Industry'sin90'sCommon-Wealth Publishers, New Delhi, 1991, p. 240.
[4] Kumar, S. Hari, "Industrial Backwardness of Kerala and the Eight Five Year Plan", Indian Industry's in 90's Common-Wealth Publishers, New Delhi, 1991, p.256
[5] Dastane, S.R., "Industrialisation: Trends and Prospects", Indian Industry's in 90's Common-Wealth Publisher, New Delhi, 1991, p.157.
[6] Pathak, Pramod, "Reorienting Rural Industrialisation, Yojana, Oct. 31, 1993, pp 6-8.
[7] Singh, B.P.N., "Industrial Scenario in India; A Victim of Structural Retrogression", Economic Affairs, Vol. 37, Dec 1994, pp 23-24.
[8] Gurumoorthy, T.R., "District rural industries project: A boon for rural entrepreneurship" Kurukshetra (A Journal of Ministry of Rural Areas and Employment) Sept., 1995, p. 24.
[9] Joshi, Navin Chandra, "Rejuvenating rural life through industrial growth", Kurushetra (A Journal of Ministry of Rural Areas and Employment)Sept. 1995, p.13.
[10] Bhushan, "Promoting Rural Industrialisation for Higher Productivity and Employment Generation", A Journal of Ministry of Rural Area and Employment, Sep. 1995, pp 48.
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| Paper Type | : | Research Paper |
| Title | : | Operating Leverage Analysis - A Conceptual Framework |
| Country | : | India |
| Authors | : | Sandip Sinha |
| : | 10.9790/487X-0320827 ![]() |
Abstract: A conceptual framework for intra - firm operating leverage analysis { based on the mechanical analysis of physical leverage ( the genesis of the concept of operating leverage ) } of a manufacturing firm under condition of future business risk considering a short - term planning horizon , composed of ( a ) an ex - ante analysis conducted at the beginning of the period for choosing an ' Operating Account Structural Plan ' ( OASP ) from alternative OASPs based on the principle of maximization of expected utility { or principle of minimization of absolute value of expected disutility ( negative utility )} of the ' elasticity coefficient measure' of the ' Degree of Operating Leverage ' ( DOL ) considering the degrees of ' Downside Operating Leverage Risk ( DOLR ) Averseness' and ' Upside Operating Leverage Risk ( UOLR ) Affinity' subjectively assigned by the decision - maker , and ( b ) an ex - post analysis conducted at the end of the period for the performance appraisal of the decision - maker based on ' operating leverage efficiency ' , is formulated and illustrated in this working paper .
Keywords : Physical Leverage , Operating Leverage , Operating Account Structural Plan , Degree of Operating Leverage , Operating Leverage Risk , Downside Operating Leverage Risk , Upside Operating Leverage Risk , Coefficient of Variation , Mean Absolute Deviation , Operating Leverage Efficiency .
Keywords : Physical Leverage , Operating Leverage , Operating Account Structural Plan , Degree of Operating Leverage , Operating Leverage Risk , Downside Operating Leverage Risk , Upside Operating Leverage Risk , Coefficient of Variation , Mean Absolute Deviation , Operating Leverage Efficiency .
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[2] Chandra , P. ( 2001 ) , Financial Management - Theory and Practice , Tata McGraw - Hill .
[3] Gitman , L .J. , M. D. Joehnk and G. E . Pinches ( 1985 ) , Managerial Finance , Harper & Row.
[4] Gitman L. J. ( 2006 ) , Principles of Managerial Finance , Pearson Education .
[5] Horngren , C.T. , S.M. Datar , G. Foster , M.V. Rajan and C. Ittner ( 2009 ) , Cost Accounting : A Managerial Emphasis , Pearson Education / Dorling Kinderley ( India ) .
[6] Knight , F. H. ( 2006 ) [ originally published in 1921 ] , Risk , Uncertainty and Profit , Cosimo Inc.
[7] Lee , A.C. , J .C. Lee and C.F. Lee ( 2009 ) , Financial Analysis , Planning & Forecasting , World Scientific / Cambridge University Press India .
[8] Peterson , M. ( 2009 ) , An Introduction to Decision Theory , Cambridge University Press.
[9] Ram , Tripathi , Goyal and Gupta ( 1986 ) , Concise Physics – I .C. S. E , Selina Publishers .
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Abstract: The main objective of this paper is to understand the concept of Sustainable Development and study the relationship between Finance, Economics and Sustainable Development. This paper attempts to create a functional and mathematical structure to show sustainable development and its relationship with Finance and Economics, and show how these three of them are strongly related to each along with the method of error calculation between these variable.
Keywords: Dependent and Functional Relationship, Economics, Finance and Sustainable Development.
Keywords: Dependent and Functional Relationship, Economics, Finance and Sustainable Development.
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[6] Beck T., Demigruc-kunt A. and Levine R., A New Database on Financial Development and structure, World Bank Economic Review, 14, 2000, 597-605.
[7] Ang J.B, Finance and Inequality: The case of India, Monash University Department of Economics Discussion Paper, August, 2008, 26-39.
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[9] Schumpeter J., The Theory of Economics Development, Harvard University Press, 1912.
[10] Levin R. and Zervos S., Stock Market, Bank and Economic growth, The American Economic Review,88(3), 537-588.
[2] Smith, Charles; Rees and Gareth, Economic Development, 2nd edition. Basingstoke: Macmillan, 1998.
[3] Stivers R., The Sustainable Society: Ethics and Economic Growth, Philadelphia: Westminster Press, 1976.
[4] Daly H. E., Towards a Steady State Economy. San Francisco: Freeman (1st ed.), 1973, Daly H. E., Steady-State Economics (2nd ed.), 1991, Washington, D.C.: Island Press.
[5] Levine R., Financial Development and Economic Growth: View and Agenda, Journal of Economic Literature, 35(3), 1997, 688-726.
[6] Beck T., Demigruc-kunt A. and Levine R., A New Database on Financial Development and structure, World Bank Economic Review, 14, 2000, 597-605.
[7] Ang J.B, Finance and Inequality: The case of India, Monash University Department of Economics Discussion Paper, August, 2008, 26-39.
[8] Bagehot, A Description of Money Market with Currency Monopoly, Homewood ILRichard, 1962.
[9] Schumpeter J., The Theory of Economics Development, Harvard University Press, 1912.
[10] Levin R. and Zervos S., Stock Market, Bank and Economic growth, The American Economic Review,88(3), 537-588.
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| Paper Type | : | Research Paper |
| Title | : | Globalization and the Fallacy of Technology Learning: Rethinking the Technology Transfer Argument |
| Country | : | Nigeria |
| Authors | : | Dr. Uwem Essia |
| : | 10.9790/487X-0323439 ![]() |
b Revolutions in ICT and the internationalization of industrial and services technologies associated with globalization have generally supported the thinking that technology learning and imitation have become easier for today's poor countries. This paper agrees that globalization has eased access to new knowledge, but the tacitness of new technologies has made it increasingly easier for high-tech firms to hoard vital information on innovations, and restrict the flow of new technologies to firms in poor countries. Accordingly, firms and governments in poor countries should not take the neoclassical economic technology transfer view for granted Poor countries desiring speedy technological progress need to invest deliberately in technology learning, and adaptation of innovations to meet local needs.
Key Words: Information Technology, Globalization, Multinational Corporations, Tacit Knowledge, Internet.
Key Words: Information Technology, Globalization, Multinational Corporations, Tacit Knowledge, Internet.
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[8.] Saul, S. B. (1972) The Nature and Diffusion of Technology in A.J. Young (Ed). Economic Development in the Long Run George Allen & Unwin: London 36-61.
[9.] Sen, A. (1980) Labour and Technology in J.Cody. H. Hughes & D. Wall (Eds). Policies for Industrial Progress in Developing Countries. The World Bank 121-158.
[10.] Touraine, A. (1988) Modernity and Cultural Specificities International Social Science Journal XL (4) 444-457.
[2.] Bloomfield, A. I. (1978) The Impact of Growth and Technology on Trade in Nineteenth Century British Thought History of Political Economy 10 (4) 608-635.Essia, U. (2004) Industrialization and Technological Progress: Comparative Developments in East Asia and Sub-Saharan Africa. In I. Garba, F. Egwaikhide & A. Adenikinju (Eds.). Leading Issues in Macroeconomic Management and Development The Nigerian Economic Society: Ibadan (June) 287-302.Garba, A. (2003) The Past, Present and Possible Futures of Africa In I. Garba, F. Egwaikhide & A. Adenikinju (Eds.). Leading Issues in Macroeconomic Management and Development The Nigerian Economic Society: Ibadan (June) I-LV.
[3.] Macdonald, S. (1990) Technology and the Tyranny of Export Controls: Whispers Who Dares Macmillan: London.
[4.] Mahler, V. A. (2002) Economic Globalization, Domestic Politics and Income Inequality in the Developed Countries. Paper Presented at the 2002 Annual Meeting of the Southern Political Science Association. Savannah, Georgia. November, 7-9.
[5.] Okwuosa, E. (1976) New Directions for Economic Development in Africa African Books: London.
[6.] Onimode, B. (2000) Africa in the World of the 21st Century Oxford University Press: New York.
[7.] Ploeg, F.V. D. (1994. Growth, Deficits, and Research and Development in the Global Economy in Fredrick V.D. Ploeg and P.Tang (Eds). The HandBook of International Macroeconomics Blackwell: Oxford Ch. 16, 535-577.
[8.] Saul, S. B. (1972) The Nature and Diffusion of Technology in A.J. Young (Ed). Economic Development in the Long Run George Allen & Unwin: London 36-61.
[9.] Sen, A. (1980) Labour and Technology in J.Cody. H. Hughes & D. Wall (Eds). Policies for Industrial Progress in Developing Countries. The World Bank 121-158.
[10.] Touraine, A. (1988) Modernity and Cultural Specificities International Social Science Journal XL (4) 444-457.
