scholarly journals Applying the Theory of Consumption Values to Explain Drivers’ Willingness to Pay for Biofuels

2019 ◽  
Vol 11 (3) ◽  
pp. 668 ◽  
Author(s):  
Suhaiza Zailani ◽  
Mohammad Iranmanesh ◽  
Sunghyup Sean Hyun ◽  
Mohd Ali
Keyword(s):  
Developing Countries ◽  
Willingness To Pay ◽  
Social Values ◽  
Public Acceptance ◽  
Novelty Seeking ◽  
Policy Makers ◽  
Consumption Values ◽  
Transportation Sector ◽  
Main Factors ◽  
The Relationship

The transportation sector has dominated global fuel consumption and as a result, greenhouse gas emissions have risen at an alarming rate. As a consequence, many countries have adopted policies and strategies to diversify their fuel sources in the transportation sector. Biofuel is one of the potential substitution fuels that has attracted the attention of both researchers and policy makers. Public acceptance of biofuels is one of the major challenges for the implementation of biofuel blends in transportation. To determine the influence of different values that affect drivers’ willingness to pay for biofuels, the theory of consumption values is applied in the present research. The data were gathered by distributing questionnaires to 343 Malaysian people with driving licences and access to cars. The data were analysed using the partial least squares technique. The results of the analysis revealed that functional values, specific condition, emotional values and novelty seeking were among the main factors that influence drivers’ willingness to pay for biofuels. Social values were shown to not be a significant factor. The results of the study contribute to the literature by testing the relationship between consumption values and willingness to pay for biofuels. The information provided in the present research might be beneficial for policy makers in modifying tactics and strategies towards the successful promotion of the usage of biofuels in developing countries.

scholarly journals The Relationship between Informal Economy and GDP Growth: A Study on South-Asian Developing Countries

2019 ◽  
pp. 1-9 ◽  
Keyword(s):  
Growth Rate ◽  
Developing Countries ◽  
South Asian ◽  
Informal Sector ◽  
Informal Economy ◽  
Gdp Growth ◽  
Policy Makers ◽  
Gdp Growth Rate ◽  
The Relationship ◽  
Asian Developing Countries

The informal economy has gained increased attention of the policy-makers and development practitioners, especially in the context of South-Asian developing countries. Though measuring the informal economy is difficult, statistics shows the rate of employment creation by the informal sector in this region is higher than the rest of the world. But the GDP growth rate in this region is still emerging in the global economic competition that indicates its effectiveness in the South-Asian region. The study was carried out to identify the relationship between the informal economy and GDP growth rate in South-Asian developing countries. The target population was economies of 8 South-Asian countries, which were also taken as the sample size. Data was collected from secondary sources and analyzed using multiple regression analysis. Results indicated that there is a significant positive relationship between the informal economy and GDP growth rate in South Asian developing countries. Therefore, it is necessary for the policy-makers and development practitioners in this region to give emphasis on the informal sector entrepreneurs to ensure constant economic growth and development.

Determinants of Muslims’ willingness to pay for halal certified food

2019 ◽  
Vol 11 (6) ◽  
pp. 1225-1243 ◽  
Author(s):  
Seyed Mehrshad Parvin Hosseini ◽  
Maryam Mirzaei ◽  
Mohammad Iranmanesh
Keyword(s):  
Willingness To Pay ◽  
Religious Commitment ◽  
Policy Makers ◽  
Content Type ◽  
Halal Food ◽  
The Relationship ◽  
Positive Effect ◽  
Moderating Role ◽  
Insight Into

Purpose This study aims to investigate the factors that motivate Muslim consumers to pay for halal-certified food. Design/methodology/approach Data were collected through a survey of 272 Muslim consumers in Malaysia. The data were analyzed using the partial least squares technique. Findings The results showed that animal slaughter, halal logo, food quality and religious commitment have a positive effect on the willingness to pay for halal food. Religious commitment positively moderates the relationship between storage and transportation and the willingness to pay for halal-certified food. Practical implications Policy makers as well as managers of halal food companies can benefit from this study which provides insight into ways to increase demand for halal food. Originality/value The findings contribute to the literature on halal foods by illustrating the factors that determine Muslim consumers’ willingness to pay for halal food. This study also extends the literature by testing the moderating role of religious commitment.

scholarly journals Willingness to Pay for Improvement in Service Quality of Intermediate Public Transport (IPT) Modes

2021 ◽  
Vol 7 (5) ◽  
pp. 866-879
Author(s):  
Saurabh Kumar ◽  
Sanjeev Sinha
Keyword(s):  
Developing Countries ◽  
Service Quality ◽  
Willingness To Pay ◽  
Public Transport ◽  
Multinomial Logit Model ◽  
Transportation Systems ◽  
Transport Infrastructure ◽  
Policy Makers ◽  
Face To Face

The Rapid increase in urban population has put extraordinary pressure on transport infrastructure. Public transport frameworks in small and medium-sized cities in developing countries include of IPT modes. However, these midsized cities in developing countries face congestion problems and have severe environmental pollution. The paper focuses on the assessment of willingness to pay for improvement in service quality of IPT mode of transportation in urban India. A Stated Choice (SC) survey instrument was designed and data was collected from IPT users to collect respondent’s socio-economic characteristics and their attributes for the stated hypothetical scenarios. Respondents were approached randomly and face-to-face interviews were carried out. The present study aimed at finding the willingness to pay for different attributes of an IPT mode to assess the relative importance of these attributes. The multinomial logit model was developed using the econometric software NLOGIT 4.0. The results obtained from the analysis suggest that the commuters in the city perceive safety as the most important attribute of an IPT mode followed by comfort and waiting time. The findings of the study shall be useful for policy makers and operators in urban planning and improvement of the transportation systems of mid-sized cities of developing countries and any new mode incorporating high comfort and safety shall be preferred. Doi: 10.28991/cej-2021-03091696 Full Text: PDF

Revolutionary Change in the Third World: Recent Soviet Assessments

1986 ◽  
Vol 38 (3) ◽  
pp. 415-434 ◽  
Author(s):  
Elizabeth Kridl Valkenier
Keyword(s):  
Developing Countries ◽  
Third World ◽  
Economic Policies ◽  
Revolutionary Change ◽  
Policy Makers ◽  
The Third ◽  
The Third World ◽  
Relationship Of ◽  
The Relationship ◽  
East West

A reexamination of revolutionary processes in the developing countries indicates mounting doubts among Soviet academic specialists that radical third-world policies will redound to the U.S.S.R.'s advantage. The author investigates the following topics: the relationship of socialist orientation to socialism; shortcomings of the vanguard parties; correct foreign and domestic economic policies; the suitability of the Marxist model for Eastern societies; and the evolution of the non-aligned movement. The congruence between these academic discussions and fresh official formulations could give Western analysts and policy makers valuable insights into new Soviet proposals for reducing East-West tensions over events in the third world.

scholarly journals Demographic Characteristics and Noneconomic Outcomes of Women Entrepreneurs with Moderation of Barriers: The Case of Small Enterprises in Rural Coastal Area of Indonesia

2020 ◽  
Vol 22 (1) ◽  
pp. 43
Author(s):  
Ika Nur Putriantini ◽  
Yoshi Takahashi
Keyword(s):  
Developing Countries ◽  
Real World ◽  
Rural Areas ◽  
Coastal Area ◽  
Women Entrepreneurs ◽  
Demographic Characteristics ◽  
Small Enterprises ◽  
Policy Makers ◽  
Entrepreneurial Opportunities ◽  
The Relationship

As a means of escaping poverty, women often become entrepreneurs while maintaining a traditional occupation and this may limit their ability to take full advantage of entrepreneurial opportunities. This study provides a relevant examination of women entrepreneurs in a rural coastal area of a developing country; as such, it helps contribute to perspectives on demographic characteristics, on the barriers to, and the noneconomic outcomes of women entrepreneurs in the rural areas of developing countries. The results demonstrate that all the demographic characteristics of women entrepreneurs correlate significantly with noneconomic outcomes. Meanwhile, only three of five barriers were found to moderate the relationship between the demographic characteristics and noneconomic outcomes. These barriers are likely to affect the real-world relationship between the demographic characteristics and non-economic outcomes. For that reason, great attentions need to be given for policy makers to improve the presence of small enterprises.

scholarly journals Perceived Consumption Values, Satisfaction and Loyalty in the Tourism: Case of Malaysia

2018 ◽  
Vol 7 (3.21) ◽  
pp. 368
Author(s):  
Adeline Shu Wan Tan ◽  
Mohammad Falahat ◽  
Bik Kai Sia
Keyword(s):  
Consumer Satisfaction ◽  
Policy Makers ◽  
Satisfaction Index ◽  
Tourist Satisfaction ◽  
European Consumer ◽  
Consumption Values ◽  
Tourism Sector ◽  
Relationship Of ◽  
The Relationship ◽  
Gross Model

Domestic tourism is a substitute for outbound travel has a potential to create income and employment in the home economy. These potentials also create opportunities through the linkage at destinations. This study extent the concept and evaluates the empirical evidence of the relationship between perceived consumption values toward tourism loyalty. Drawn from revised framework of the Sheth-Newman Gross Model of Consumption Values and the European Consumer Satisfaction Index (ECSI), we examine the relationship of perceived consumption values, tourist satisfaction and tourist loyalty. Data obtained from 255 tourists visited the state of Malacca, Malaysia. The results indicated that tourist loyalty is affected by perceived consumption values and fully mediated by tourist satisfaction. The findings provide valuable insights to the policy makers, industries and academics in developing strategies and exploring possible factors to consider in tourism sector and thus, boost the national economy. As for policy makers, this study can be seen as exploitation to increase the influx of international tourists by implementing policies or improving tourist spots.  

scholarly journals Water services in small towns in developing countries: at the tail end of development

Water Policy ◽  
2018 ◽  
Vol 20 (S1) ◽  
pp. 1-11 ◽  
Author(s):  
Mireia Tutusaus ◽  
Klaas Schwartz
Keyword(s):  
Developing Countries ◽  
Rural Areas ◽  
Scale Up ◽  
Scaling Up ◽  
Small Towns ◽  
Water Services ◽  
Policy Makers ◽  
Great Range ◽  
Main Factors ◽  
Urban And Rural Areas

Abstract The current lack of knowledge about small towns, the great diversity of such settlements and the pressure to ‘scale up’ interventions make it difficult for policy makers and practitioners to develop models which are suitable for these towns. Currently, principles and practices informing models for water services in urban and rural areas are applied in small towns without question. This paper highlights how these principles that are engrained in the sector, may be pernicious for expanding water services in small towns as the realities of these towns may not be conducive for models incorporating these principles. Often these models are adapted to the realities of small towns to benefit water services provision. However, these adaptations are rarely documented. The little documentation of these adaptations is a consequence, we argue, of two main factors. First, such adaptations question the suitability of the models present in the sector and alter the principles on which these models are based. Secondly, the great range of adaptations linked to the diversity of small towns. Taking such adaptations seriously then limits the replicability of models, making them less suitable for scaling up interventions. As a result, certain dogmas underlying water services models continue to be reproduced.

POLICY CHANGE – THE ROLE OF IDEAS AND POLICY ENTREPRENEURS

2018 ◽  
pp. 63-72
Author(s):  
Arwanto Arwanto ◽  
Wike Anggraini
Keyword(s):  
Policy Change ◽  
Significant Role ◽  
Policy Process ◽  
Policy Entrepreneurs ◽  
Multiple Streams ◽  
Policy Makers ◽  
Problem Framing ◽  
Exogenous Factors ◽  
The Relationship

ABSTRACT Understanding policy process involves many distinctive approaches. The most common are institutional, groups or networks, exogenous factors, rational actors, and idea-based approach. This paper discussed the idea-based approach to explain policy process, in this case policy change. It aims to analyse how ideas could assist people to understand policy change. What role do they play and why are they considered as fundamental element? It considers that ideas are belong to every policy actor, whether it is individual or institution. In order to answer these questions, this paper adopts Kingdon’s multi streams approach to analyse academic literatures. Through this approach, the relationship between ideas and policy change can be seen clearer. Ideas only can affect in policy change if it is agreed and accepted by policy makers. Therefore the receptivity of ideas plays significant role and it emerges policy entrepreneurs. They promote ideas (through problem framing, timing, and narrative construction) and manipulate in order to ensure the receptivity of ideas. Although policy entrepreneurs play significant role, political aspects remains the most important element in the policy process. Keywords: policy change, ideas, idea-based approach, Kingdon’s multiple streams, policy entrepreneurs.

Diffusion and Adoption of Corruption in Developing Economies: Evidence from Ghana

2018 ◽  
Vol 6 (6) ◽  
pp. 21
Author(s):  
Solomon A. Keelson ◽  
Thomas Cudjoe ◽  
Manteaw Joy Tenkoran
Keyword(s):  
Social Values ◽  
Developing Economies ◽  
Policy Formulation ◽  
Institutional Factors ◽  
Developing Economy ◽  
Theoretical Underpinning ◽  
Institutional Failure ◽  
The Social ◽  
The Relationship ◽  
And Diffusion

The present study investigates diffusion and adoption of corruption and factors that influence the rate of adoption of corruption in Ghana. In the current study, the diffusion and adoption of corruption and the factors that influence the speed with which corruption spreads in society is examined within Ghana as a developing economy. Data from public sector workers in Ghana are used to conduct the study. Our findings based on the results from One Sample T-Test suggest that corruption is perceived to be high in Ghana and diffusion and adoption of corruption has witnessed appreciative increases. Social and institutional factors seem to have a larger influence on the rate of corruption adoption than other factors. These findings indicate the need for theoretical underpinning in policy formulation to face corruption by incorporating the relationship between the social values and institutional failure, as represented by the rate of corruption adoption in developing economies.

The Nexus between Financial Development and Human Development: The Case of Developing Countries

2020 ◽  
Vol 8 (2) ◽  
pp. 68
Author(s):  
Bilgehan Tekin
Keyword(s):  
Developing Countries ◽  
Private Sector ◽  
Human Development ◽  
Financial Development ◽  
Cointegration Analysis ◽  
Annual Data ◽  
Causality Analysis ◽  
Development Index ◽  
Development Levels ◽  
The Relationship

The purpose of this study to examine the relationship between financial development and human development in the health and welfare dimensions of developing countries. This study aims to determine whether the financial developments of the countries have an effect on the basic human development of the individuals and whether human development indicators have an impact on financial development. In this study, the relationship between financial development and human development has been tried to be revealed by using data obtained from developing countries. Financial development levels of the countries were measured with the developed financial development index. The index is calculated by using M3 / GDP, private sector loans / GDP and loans to banks from private sector / GDP ratios. The human development index is calculated by considering various health indicators and GNP per capita. The data includes annual data for the period 1970-2016. Pedroni and Kao cointegration analysis and Dumitrescu & Hurlin panel causality analysis were performed in the study. According to the results of the study, the cointegration relationship was determined between the two variables. There is also a two-way causality between the variables.

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