Pritish Kumar Sahu

• PhD Economics
• Associate Professor at International Management Institute, Bhubaneswar

This study aims to examine the impact of renewable energy, carbon emissions, and economic growth on healthcare spending in 36 Asian countries during 2000–2019. Fully Modified Ordinary Least Square (FMOLS) and Dynamic Ordinary Least Square (DOLS) models have been applied to the panel data for 36 Asian countries. The study's findings show that CO2 em...

In the literature of total factor productivity (TFP), the roles of several variables in explaining TFP remain largely unexplored, including the impact of research intensity. This paper examines the effect of research intensity on TFP in 15 OECD countries, while providing for financial development and education level during the period 1890–2018. We...

The objective of the study is to extend the existing literature by investigating the effects of foreign direct investment, gross domestic products and per capita and energy diversification on the nitrogen oxide emissions in Brazil, Russia, India, China and South Africa (BRICS) by using annual data during the period 1992–2019. As per our knowledge,...

This study examines the dynamic relationship between the gold price and the exchange rate in pre- and during Covid-19 pandemic in India. We consider the periods of about equal length for both the pre- and during Covid-19 by considering the data from January 1, 2019 till February 28, 2021. The descriptive analysis shows a significant increase in the...

This study examines the symmetric (linear) and asymmetric (nonlinear) impact of economic growth (EG), capital formation (CF), renewable and non-renewable energy (NRE) consumption on CO2 emissions and ecological footprint (EF) of seventeen OECD countries spanning data from 1970 to 2016. The autoregressive distributed lag (ARDL) model is used to exam...

The reduction in oil prices might make crude oil a cheaper alternative to renewable energy (RE). Given this, the present paper examines the effect of fluctuation of oil prices on the use of RE in the United States (US) during the period 1970 to 2018. We constructed two nonlinear autoregressive distributed lag (NARDL) models to examine the effect of...

The reduction in oil prices might make crude oil a cheaper alternative to renewable energy. Given this, the present paper examines the effect of fluctuation of oil prices on the use of renewable energy in the United States during the period 1970–2019. We constructed two nonlinear Autoregressive Distributed Lag (NARDL) models to examine the effect o...

Introduction: Indonesia has signed, and is in the process of signing, many bilateral and regional Free Trade Agreements (FTAs). Whether these trade agreements will benefit Indonesia on the economic front or not is still a matter for discussion. Background Problem: Signing TPP, raises many questions as to how this would affect the countries in Asian...

This article addresses the financial aspects surrounding the stability of the electricity sector. We apply a variety of data mining techniques to build financial distress warning models based on the financial statement analysis method. The analysis reveal that neural networks with the accuracy of 80% and above in different scenarios were found to b...

Developing and transitional economies have emerged as an important source of outward FDI since the 1990s. While the outward FDI from the Asian Transitional Economies has been at its increasing pace, the trend hasn't received as much attention as inward FDI in international trade literature. This book provides a comprehensive picture on the trends a...

This article addresses the financial aspects surrounding the stability of the electricity sector. We apply a variety of data mining techniques to build financial distress warning models based on the financial statement analysis method. The analysis reveal that neural networks with the accuracy of 80% and above in different scenarios were found to b...

This paper investigated India's competitive advantage and the influence of trade gravity variables in determining India's exports with its top 50 trading partners. First, we used the Revealed Comparative Advantages Index (RCA) to study the competitiveness at the two and four-digit HS-classification levels during the period from 2000 - 2014. Later,...

The main objective of this study is to investigate the influence of the globalisation (Trans-Pacific Partnership (TPP) agreement in particular) on air pollution in Malaysia. To achieve this goal, the Autoregressive Distributed Lag (ARDL) model, Johansen cointegration test and fully modified ordinary least square (FMOLS) methods are utilised. CO2 em...

This paper evaluates Malaysia’s value added export (VAE) in the light of its strategic policy reforms and governance. First,the study proposes a conceptual framework to show the role of governance and policy reforms in shaping a country in the path of VAE. Later,it undertakes an empirical analysis to evaluate the success of Malaysia’s VAE with the...

This paper evaluates Malaysia's trade with its free trade agreements (FTA) partners in the light of its policy initiatives. It underlines that the participation of a country in the FTA would not be successful without the government's targeted policiesand properly enforced laws. In this context, it first discusses in details the traditional trade ba...

The Trans-Pacific Partnership Agreement (TPP), comprising 12 nations, was finally signed in early February after more than 19 rounds of tough negotiations in a span of over five years. As it is expected to start operating about two years from now, there is widespread speculation as to how the TPP would affect Thailand. While the overall impact is a...

It may be better for India to keep out of TPP and negotiate with the rest of the world by going along with RCEP With the signing of the Trans Pacific Partnership (TPP) agreement, one of the biggest and most significant trade deals in recent times, there is widespread speculation on how the TPP will affect India.

The Trans-Pacific Partnership Agreement (TPP) was signed last October and is expected to start operating about two years from now. Indonesia already has free trade agreements (FTAs) with seven of the current 12 TPP countries. These seven countries together account for more than 75 percent (about US$58 billion in 2014) of Indonesia's exports to the...

The Trans-Pacific Partnership Agreement (TPP) was signed last October and is expected to start operating about two years from now. Indonesia already has free trade agreements (FTAs) with seven of the current 12 TPP countries. These seven countries together account for more than 75 percent (about US$58 billion in 2014) of Indonesia'€™s exports to t...

The present paper attempts to examine two concerns in the light of the India's trade agreements with the ASEAN. First, it examines the impact of Indo ASEAN FTA on extra-regional inward FDI particularly from US, Japan and UK into ASEAN and India. Second, it sheds the light on the possibility of India to become a part of the global supply network. Em...

The present paper attempted to find the firm level technical efficiency of the Indian manufacturing sector separately for the domestic and foreign firms with the use of panel data during the period from 2001-02 to 2010-11. By using the stochastic frontier analysis of Cobb-Douglas type, the finding indicated the greater mean technical efficiency of...

This paper empirically analyzes spillover effects from foreign direct investment using the firm level panel data of Indian manufacturing during 2000–01 and 2009–10. It first estimates the productivity and efficiency of the domestic and foreign firms separately before examining the spillover effects by using PROWESS dataset. The use of the Cobb-Doug...

This study undertakes impact analysis of remittances on poverty in developing countries at two levels. Firstly, it estimates the impact of remittances on poverty in 77 developing countries; Secondly, separate analyses are undertaken for 29 developing countries and 21 Asian developing counties, which have 5 per cent or more share of remittances in G...

Malaysian economy has remained largely open to trade and investment in the last two decades. Over the years, Malaysia has established several trade agreements with different countries, including India. The present study focuses on the trade relationship between Malaysia and its FTA partners with special emphasis on Malaysia-India Comprehensive Econ...

This paper examines the impact of military expenditure on stock market development in 36 countries over the period 1989–2010. Within a panel framework, the system GMM estimates is utilised to test the relationship with an array of control variables. We augment the traditional measure of military expenditure–military burden, with a newly constructed...

This study investigates the incidence of per capita income convergence in CFA franc countries, using the total average, regional average (West African and Central African countries, separately) and per capita income of France, as benchmarks. Using unit root tests with single structural break, the findings illustrate no conditional convergence towar...

The government procurement comprises a substantial amount of total procurement for every economy in the recent years. In light of the present procurement market and existing structure, this study throws a light on the evolving amount of the procurement by the Indian PSUs in recent years in the light of the WTO agreements. Though there is some degre...

The study largely attempts to examine the spillover from Foreign Direct Investment (FDI) in Indian manufacturing by using the firm-level data for the period 2000-2009. With the use of Cobb-Douglas-type production function, it is observed that for the entire manufacturing sector, the impact of FDI on output growth is positive and significant. The re...

Remittances have been an important source of external funding for India. The span of Indian diaspora stretches across the globe in all continents. The Ministry of Overseas Indian Affairs has registered the presence of non-resident Indians (NRIs) in 180 of the 183 countries of the world. The numbers have varied from just two in Lebanon to almost a m...

Most of the exporting countries in the world have witnessed an export boom accompanied by substantial inflows of foreign direct investment (FDI) in the same period. While there are many emerging economies which claimed to have increased the export oriented FDI successfully in the recent decades, the present study try to find out the factors that de...

The increased integration of developing countries with the global economy has seen a remarkable increase in foreign capital over the years. While the increasing momentum of FDI capital in the manufacturing of the emerging economies has left several questions unanswered, we focus our discussion on the trends in employment and wage inequality in cont...