GDP Growth Research Articles

Herbal Components Inspiring Current Lifestyle Disease Treatment: Role of Nutraceuticals.

Nutraceuticals are the foods that are used to prevent and cure diseases. Food and nutrients are essential for the body's normal function and aid in the maintenance of an individual's health and prevent various diseases. Nutraceuticals are medicinal foods that aid in the maintenance of health, the enhancement of immunity, and the prevention and treatment of specific diseases. The markets of nutraceuticals are one of the fastest-growing industry segments. The prime reason for this accelerated market growth lies in the fact that nutraceuticals are low cost, can prevent diseases to occur, hence, can save the health care cost, have more nutritional value, and many others. Nutraceuticals can be classified on different foundations based on what they promise, natural sources, and nutraceutical food available in the market. This article will discuss those classifications in detail along with the role of nutraceuticals in lifestyle diseases, regulations, market trends, and prospects of nutraceuticals. The article will also highlight the concern areas which play as the limiting factor in the nutraceuticals industry growth like lack of quality control, lack of data on its working, and many other things.

Mayors’ promotion incentives and subnational-level GDP manipulation

What role do local officials’ incentives play in regional economic growth? How do local officials behave under promotion pressure? This paper studies the unintended impact of mayors’ promotion incentives on regional economic growth and subnational-level GDP manipulation in China. We employ a regression discontinuity design that accounts for age restrictions in deciding promotions for mayors. We find that when GDP performance is prioritized in officials’ promotion evaluations (before 2013), mayors’ promotion incentives significantly increase the statistical GDP growth rate by 3.4 percentage points. However, their effects on nighttime light and other non-manipulable real economic growth indicators are close to zero. This gap can be attributed to GDP manipulation under our empirical framework. The above pattern no longer persists after 2013, when the role of GDP statistics in mayoral promotions was reduced. Our findings indicate that GDP manipulation makes performance-based competition between mayors devolve into a data manipulation game.

Revisiting the resource curse: Does volatility matter?

AbstractCountries with abundant natural resources often possess greater wealth, yet the impact of these resources on economic growth remains unclear. This paper examines how natural‐resource abundance and its volatility impact economic growth. It questions whether natural resources themselves are a curse or if the negative growth effects are due to the volatility of natural‐resource revenues. The study also investigates how volatility of natural resources affects key economic growth channels, such as investment, human capital, and institutional quality. Using the standard panel model and panel smooth transition regression (PSTR), the paper analyzes data from 125 countries (1988–2020). Results show that natural‐resource abundance boosts economic growth, contradicting the resource‐curse theory. However, the growth impact is non‐linear and varies with natural‐resource volatility. Countries with high volatility face up to a 22 percentage point annual GDP growth loss compared with those with low volatility, suggesting that volatility and poor government responses drive the resource‐curse paradox, not the abundance of resources per se.

THE IMPORTANCE OF DIGITAL MARKETING AND TECHNOLOGIES IN B2B MARKETING

Marketing through digital platforms is becoming an increasingly important component for the success of any company. On the other hand, digital marketing is constantly evolving. B2B marketing refers to the formation of a collaborative business partnership between two firms for the purpose of exchanging products and services. It enables businesses to engage in the sale of products or services to other firms or organizations, who then resell them, utilize them in their own products or services, or provide assistance in their operations. B2B marketers are looking forward to advances in digital technology and greater emphasis on digital products to improve brand visibility, online presence, and technical capabilities. Trending technologies used for digital and B2B marketing, such as artificial intelligence and the metaverse, are of great importance. In this study, B2B marketing, digital marketing tactics, growth of digital marketing, market share of search engines, marketing automation technologies, and digital marketing and digital technologies used for B2B marketing were examined. Furthermore, the research seeks to do a SWOT analysis of the B2B marketing techniques employed by enterprises.

Do Foreign Yield Curves Predict U.S. Recessions and GDP Growth?

AbstractForeign term spreads constructed from bond yields of non‐U.S. G‐7 constituents predict future U.S. recessions and foreign term spreads are stronger predictors of U.S. recessions occurring within the next year than U.S. term spreads. U.S. and foreign term spreads are both informative of the U.S. economy but over different horizons and for different components of economic activity. Smaller U.S. term spreads lead to smaller foreign term spreads and U.S. Dollar appreciation. Smaller foreign term spreads do not lead to significant U.S. Dollar depreciation but do lead to persistent declines in U.S. exports and foreign direct investment (FDI) flows into the United States. These findings are consistent with the proposition that foreign term spreads embed growth spillovers from the U.S. and the resulting Dollar strength and slowdown abroad spill back to the United States.

Unveiling the synergy: entrepreneurial effectuation and alliance-driven SME diversification

PurposeInternationalisation is a complex and uncertain process for small and medium-sized enterprises (SMEs), characterised by challenges such as limited resources, lack of international experience and uncertainty in foreign markets. This study aims to explore the impact of entrepreneurial effectuation on the diversification of products and market expansion. Additionally, it examines the mediating role of alliance capabilities in this relationship.Design/methodology/approachThis study developed five hypotheses based on an extensive and relevant literature review. Data were collected using nonprobability judgemental and snowball sampling techniques from 202 software exporting firms in Bangladesh to measure the relationship. Data collected from the survey were then analysed using partial least squares-structural equation modelling.FindingsThe results of this study show that all five hypotheses developed in this study are supported. This study found a positive impact of entrepreneurial effectuation on product and market diversification. Study results also show that alliance capabilities mediate the relationship between entrepreneurial effectuation and product and market diversification.Research limitations/implicationsIn the face of internationalisation uncertainties, SMEs use effectual decision-making logic and form strategic alliances to enhance their competitive positions. This research contributes to understanding how SMEs use effectuation in navigating international markets and expanding their product portfolios and market reach.Originality/valueThis study pioneers a mediation approach to explore the relationship between entrepreneurial effectuation, alliance capabilities and diversification in SME internationalisation. Examining the interplay of decision-making logic and collaborative ventures, this study offers insights into the complexities of SME internationalisation in uncertain environments.

The effect of institutional quality on tourism in designated European Union mediterranean states

This research delves into the correlation between institutional quality and tourism development in a panel of nine Mediterranean countries within the European Union spanning from 1996 to 2021. The study gauges tourism development by examining tourist arrivals, while considering GDP growth rate, inflation, higher education, environmental quality, and trade as control variables representing factors influencing tourism. Institutional quality is measured through indicators such as regulatory quality, rule of law, and control of corruption. Utilizing Fully Modified Ordinary Least Square (FMOLS) and Dynamic Ordinary Least Squares (DOLS) models, the study aims to quantify the impact of these factors on tourism development. The findings indicate a positive relationship between institutional quality and tourism, shedding light on the pivotal role of institutions in tourism management and their influence on the sector. These results have implications for shaping national development strategies.

Do foreign direct investment and foreign aid accelerate economic growth in developing countries?

PurposeThis paper aims to study the impact of foreign direct investment (FDI) and official development assistance (ODA) on the economic growth of developing countries. This paper classifies sample countries into two groups (low- and high-income developing countries) based on income level and investigates whether the two sources of foreign capital have different effects on the economic development of each subgroup of countries.Design/methodology/approachThe authors analyze panel data on 93 countries from 1981 to 2020 using a two-stage least squares (2SLS) estimation. The 2SLS method is used to overcome the endogeneity problem between economic growth and FDI. The sources of the data are World Bank and OECD.FindingsFirst, FDI inflows tend to accelerate per capita GDP growth in both total sample countries and within both groups of countries. Second, ODA has a significant impact on per capita GDP growth only for low-income developing countries. This result indicates that ODA seems to be particularly important for low-income developing countries.Practical implicationsThis paper suggests policy implications that low-income developing countries should create an environment for more ODA funds to flow into themselves with efforts such as improving the credibility and effectiveness of the government related to ODA programs. It also provides implications for donors of ODA to focus their ODA resources on low-income developing countries to more effectively achieve the goal of helping developing countries’ economic growth.Originality/valueThis paper investigates whether FDI and ODA have different effects on the economic development of low- and high-income developing countries. To the best of authors’ knowledge, this point is not addressed in existing studies.

Impact of Rural Housing Reform on Economic Growth and Quality of Life in China: An Analysis from 1998 To 2022

The landscape of rural housing and infrastructure has aided vast changes within the past 25 years in China, through the implementation of various policies and measures by the Chinese government. This paper analyzes the specific economic influences of rural housing reform measures that contribute to regional GDP growth from 1998 to 2022. To analyze the data, the paper mainly utilizes the multiple regression model, through which the driving effect of such reforms is disclosed vis-à-vis policies of housing, infrastructure investment, and health care to rural GDP. The disclosed data have proved that these reforms not only propelled economic development but also increased the quality of life for rural residents and balanced the growth of regional economies. The rural revitalization strategy of China is economically proven, and it becomes a reference for related future policymaking.

The D3HDRS approach: a novel clustering framework for customer experience management with a case study in the telecom sector of an emergent market

The D3HDRS approach: a novel clustering framework for customer experience management with a case study in the telecom sector of an emergent market

Recovery of iron phosphate and lithium carbonate from sulfuric acid leaching solutions of spent LiFePO4 batteries by chemical precipitation

The recycling of lithium and iron from spent lithium iron phosphate (LiFePO<sub>4</sub>) batteries has gained attention due to the explosive growth of the electric vehicle market. To recover both of these metal ions from the sulfuric acid leaching solution of spent LiFePO<sub>4</sub> batteries, a process based on precipitation was proposed in this study. Since ferric and ferrous ions coexisted in the leaching solution, all the ferrous ions were first oxidized to ferric ions by adding H<sub>2</sub>O<sub>2</sub> to the leaching solution. About 99% iron(III) was recovered as iron phosphate by adjusting the solution pH to 2 at 25 <sup>o</sup>C for 30 mins. After the precipitation of iron phosphate, the remaining Li(I) in the filtrate was recovered as lithium carbonate by precipitation with Na<sub>2</sub>CO<sub>3</sub> as a precipitant. Addition of acetone to the filtrate at room temperature greatly enhanced the precipitation percentage of Li(I). Moreover, solid Na<sub>2</sub>CO<sub>3</sub> was better than Na<sub>2</sub>CO<sub>3</sub> solution in precipitating Li(I). About 95% of lithium ions was recovered as carbonate precipitates under the optimum conditions: solution pH = 11, 3.0 molar ratio of solid Na<sub>2</sub>CO<sub>3</sub> to Li(I), 7/5(v/v) volume ratio of acetone to the filtrate, 25 <sup>o</sup>C, 300 rpm for 2 hrs.

Combining Export- and Domestic Demand-Led Growth Hypotheses: Key Sustainable Development Amidst Global Dynamics

Export-led growth has conventionally been regarded as a pivotal determinant of economic growth in developing countries. The article aims to affirm the vulnerability of Vietnam’s export sector due to its dependence on foreign direct investment flows and external market demand and evaluate the validity of the export-led growth strategy being applied in Vietnam among evolving global dynamics. The review of relevant literature explored the theoretical foundations, theories, and concepts of export-led and domestic demand-led growth with regard to the causal link between exports and economic growth. Qualitative and secondary research methods were used to analyze statistical data sets on imports and exports and domestic demand components to highlight their impact on the country’s GDP growth. The results showed that it is necessary to embrace both export-led growth and domestic demand-led growth as concurrent development paradigms, thereby ensuring the sustainability of Vietnam’s economic growth. Doi: 10.28991/HIJ-2024-05-02-05 Full Text: PDF

Comparing the sensory properties of commercially available animal and plant-based burgers.

The number of plant-based meat products on supermarket shelves around the world has grown in recent years however reproducing the sensory experience of eating meat remains a challenge. This study aims to evaluate the sensory gaps between animal and plant-based meat products, specifically burger-type products, from the Australian market. The sample set of 19 commercially available burgers comprises 8 animal-based burgers prepared using beef, chicken, kangaroo, pork, or turkey and 11 high protein plant-based burgers. Vegetable patties are beyond the scope of this study. A trained sensory panel (n = 14) determined the major differences in aroma, texture, flavor, and aftertaste between meat and meat analogues during oral processing, particularly those that may impact consumer acceptability. The animal-based burgers scored high for meaty (aroma), meaty (flavor), and umami but not legume, vegetative, bitterness, and lingering spice attributes. They also received higher average scores for juiciness, fattiness, and final moistness than the plant-based burgers but scored lower in cohesiveness. The plant-based burgers scored high for legume and bitterness but not meaty (aroma), meaty (flavor), and umami attributes. Improving current products and designing new products with desirable sensory properties will enhance consumer acceptability and reinforce recent growth in the plant-based meats market.

The Effects of Applying the Marketing Concept on Customer Satisfaction: A Quantitative Study in the Eastern Co. for Readymade Clothes

The quantitative study investigates the effects of applying the marketing concept on customer satisfaction within the Eastern Co. for Readymade Clothes. Through regression analysis the relationship between the marketing concept and customer satisfaction was examined, considering variables such as product quality and customer service. Data collected from a sample of respondents were analysed to assess the impact of these factors on customer satisfaction. Results indicates that the marketing concept that has been measured by the Marketing Concept has a significant impact on the customer satisfaction. Also product Quality has shown a significant positive impact. These findings has highlighted the interplay among marketing strategies and customer satisfaction within the context of the Eastern Co. Understanding these dynamics is crucial for the businesses aiming to enhance the customer satisfaction and achieve the sustainable growth in the competitive market.

A comparative study of the nexus of natural resource investment in national economies: Effects on cultural communication and economic growth

This article provides a comparative analysis of the complex interplay between cultural exchange, national economic development, and investments in natural resources. This research aims to examine how rising Asian countries' economies have grown as a result of a green economic rebound from 2000 to 2020. The study makes use of the D-H causality test methodology as well as the CCE-MG It assesses the varied impacts of resource investment on employment, GDP growth, and income distribution by looking at case studies and empirical data. It examines how investments in natural resources impact economic pathways and cultural communication dynamics. It sheds light on the complex effects of resource investment on cross-cultural understanding and economic development via case studies and empirical data. It also delves into how resource investments impact economic development plans and how cultural communication patterns interact. The results highlight the need to comprehend these relationships for efficient policymaking and sustainable development.

Convergence in Financial Development and Growth

AbstractWe evaluate the cross-country convergence of financial development and its relationship with GDP growth. Financial inclusion variables have been widely converged across countries, and the catch-up effect of countries with poor financial coverage mainly drives the convergence. In contrast, financial development measures — including domestic credit, liability, mutual fund size, and stock market capitalization — have diverged since 1985 despite the absolute convergence in GDP and financial inclusion. The GDP growth rates strongly correlate with the change in financial development but not the improvement in financial inclusion.

The CRISPR/Cas system as an antimicrobial resistance strategy in aquatic ecosystems.

With the growing population, demand for food has dramatically increased, and fisheries, including aquaculture, are expected to play an essential role in sustaining demand with adequate quantities of protein and essential vitamin supplements, employment generation, and GDP growth. Unfortunately, the incidence of emerging/re-emerging AMR pathogens annually occurs because of anthropogenic activities and the frequent use of antibiotics in aquaculture. These AMR pathogens include the WHO's top 6 prioritized ESKAPE pathogens (nosocomial pathogens: Enterococcus faecium, Staphylococcus aureus, Klebsiella pneumoniae, Acinetobacter baumannii, Pseudomonas aeruginosa, and Enterobacter spp.), extended-spectrum beta lactases (ESBLs) and carbapenemase-producing E. coli, which pose major challenges to the biomagnification of both nonnative and native antibiotic-resistant bacteria in capture and cultured fishes. Although implementing the rational use of antibiotics represents a promising mitigation measure, this approach is practically impossible due to the lack of awareness among farmers about the interplay between antimicrobial use and the emergence of antimicrobial resistance (AMR). Nevertheless, to eradicate these 'superbugs,' CRISPR/Cas (clustered regularly interspersed short palindromic repeats/CRISPR associate protein) has turned out to be a novel approach owing to its ability to perform precise site-directed targeting/knockdown/reversal of specific antimicrobial resistance genes in vitro and to distinguish AMR-resistant bacteria from a plethora of commensal aquatic bacteria. Along with highlighting the importance of virulent multidrug resistance genes in bacteria, this article aims to provide a holistic picture of CRISPR/Cas9-mediated genome editing for combating antimicrobial-resistant bacteria isolated from various aquaculture and marine systems, as well as insights into different types of CRISPR/Cas systems, delivery methods, and challenges associated with developing CRISPR/Cas9 antimicrobial agents.

Synergies and Challenges in the Integration of Cloud Computing and Deep Learning: Current Status, Interconnectedness, and Future Directions

This article reviews the status and recent developments in the integration of cloud computing and deep learning, as well as the interrelationship between these two technologies. The paper explores the intersection of cloud computing and deep learning in addressing cybersecurity challenges. Amidst the rapid expansion of the worldwide public cloud services market, the vulnerability to cyber-attacks and breaches in data management is on the rise. Different intrusion detection systems use different deep learning techniques to improve the effectiveness of intrusion detection in cloud computing environments. Additionally, the use of encryption technology and the corresponding deep learning retrieval technology further improves the security of cloud data. Moreover, the paper deeply studies how the scheduling mechanism of deep reinforcement learning can optimize the performance of cloud services by efficiently allocating resources and solving the problem of slow cloud service speed. It also derives the optimal energy strategy through deep neural networks to address the energy consumption challenges in cloud computing data centers. This article also reviews the five emerging architectures of cloud computing and explores the role of deep learning within these frameworks. Finally, it analyzes some of the challenges facing the future of cloud computing and deep learning, including the security and confidentiality of cloud computing, as well as low latency and high throughput optimization in the field of deep learning. In summary, this article provides insight into current trends, challenges, and future prospects for the evolving integration between cloud computing and deep learning.

Online Customer Engagement: A Systematic Literature Review using PRISMA protocol

Customer engagement (CE) is a crucial marketing concept whose relevance has been further enhanced by the growth of social media and digital marketing. While the significance of CE is widely recognized, the research in this domain is notably fragmented, characterized by diverse definitions and conceptualizations found in the literature. This fragmentation raises concerns, as the absence of standardization may result in misunderstanding and contribute to increased divergence in future research. This paper presents a systematic review of customer engagement using PRISMA protocol by delivering its antecedents, outputs, and influencing factors. We focus on three main features: the relationship quality (i.e., trust, satisfaction, and commitment), the channel integration quality, and digital transparency. As a result, we provide hypotheses of a micro-level conceptual model for customer engagement. We also highlight the adoption of technological innovation (e.g., Artificial Intelligence, Machine Learning, GhatGPT) to foster online customer engagement.

Transformation path and promotion countermeasures of aerospace enterprise management strategy based on industrial chain integration

With the rapid development of the aerospace field, the uncertainty, technical difficulty, significant shortening of the development cycle, parallel development and other characteristics of aerospace engineering are increasingly prominent, making the research and development management of aerospace engineering face unprecedented challenges, and the strategic management transformation has become an effective way to cope with complex environments. Strategic management is the art of decision-making and management, a method of allocating direction, objectives, tasks, policies and resources for overall and long-term development over a specific period of time. This paper not only studied the transformation path and improvement countermeasures of the management strategy of aerospace enterprises, but also studied the internal environment of the aerospace management strategy, the improvement mechanism of strategic leadership and the improvement countermeasures on the basis of integrating the industrial chain. Innovation in aerospace business models could then be promoted, and limited resources could be effectively integrated and allocated. Research and management capabilities could also be continuously improved, as well as the core competencies of aerospace enterprises, so as to ensure their long-term development. Taking the application and employment status of the aerospace profession, the education level of the personnel of aerospace enterprises, the proportion of each link of the industrial chain in the market size, the amount of aerospace technology imports, the market size and growth rate as the survey contents, the experiment showed that the amount of aerospace technology imports with the integration of the industrial chain has decreased by about 8.3 %.