Economic Studies - Research Publications
Permanent URI for this collectionhttps://kr.cup.edu.in/handle/32116/141
Browse
Item COVID-19 pandemic and stock market reaction: empirical insights from 15 Asian countries(Routledge, 2021-05-31T00:00:00) Mishra, Pabitra Kumar; Mishra, Santosh KumarSince 2020, the world has been passing through a difficult time due to the outbreak of COVID-19 Pandemic. This novel public health emergency has created both demand- and supply-side shocks affecting both real and financial sectors of economies globally. One of the noteworthy immediate consequences of it was sudden nosedive of stock markets across countries in the globe. In this pre-text, this study examined the stock market behaviour in 15 selected Asian markets amid the pandemic. The results infer about the surge in market return volatilities amid the rapid spread of the coronavirus which was primarily triggered through the impaired investors� sentiments due to the announcement effects. During this period, the stock market performances in selected Asian countries have been observed to be influenced by the reporting of the number of COVID-19 confirmed cases and death cases, stock index returns, market volatility, oil prices, inflation rate, and interest rates. � 2021 Denfar Transnational Development INC.Item Do Women's Advancement and Gender Parity Promote Economic Growth? Evidence from 30 Asian Countries(SAGE Publications Ltd, 2020) Mishra, P.K; Mishra, S.K; Sarang,i M.K.Women's advancement and consequential gender equality have significant implications for human capital formation, increase in labour productivity, employment creation, poverty reduction, and overall socio-economic and human development. So, inclusive growth and sustainable development would not be possible without women�s empowerment and gender equality. Thus, targeting women�s empowerment is extensively relevant for Asian countries. In this context, this article explored the impact of the gender factors on the economic growth of 30 Asian economies over the period from 1997 to 2015 by using panel autoregressive distributive lag (ARDL) model. It provides the evidence of an overall positive impact of the gender parity index of health, education, employment and democratic representation on the economic growth of Asia in the long run. Therefore, gender equality is an important determinant of economic growth in Asian countries, and hence, should be on board while planning for the empowerment of women. - 2020 Association of Asia Scholars.Item Gender Parity in Education and Economic Growth: Empirical Evidence from Select Asian Countries(Pedagogy of Learning, 2016) Mishra, S. K.; Mishra, P. K.Since last few decades, there is a consensus among the academicians and the policy makers that the gender parity in education has positive implications for economic and social development. It has been argued that gender parity in education can contribute significantly to economic growth by expanding the stock of human capital, raising labour productivity, and also by increasing the stock of physical capital. Thus, this paper is an attempt to examine the effects of gender parity in education on the long-run economic growth of selected Asian countries over a period from 2000 to 2014. The long-run impacts of gender parity indicators on economic growth of these countries have been investigated employing Pooled Mean Group estimator based ARDL model in apanel framework. The estimation results provide the evidence of the positive and significant effects of gender parity indicators on the economic growth of Asian countries. This finding is significant for policy makers in formulating strategies and programmes favouring women in these economies.Item India�s Merchandise Exports to Asia: A Constant Market Share Analysis(Sage Publications India Pvt. Ltd, 2022-02-08T00:00:00) Fayaz, Mohd; Kaur, SandeepThe present study attempts to examine the structural changes in Indian merchandise exports to Asia during the period 1980�2016 by using Constant Market Share (CMS) analysis. The index values of the CMS analysis suggest that India has mostly maintained and strengthened its export market share primarily in resource-based and low tech/labour-intensive products. Major technology-intensive exports include organic chemicals and dyes and colouring materials to all its export destinations in Asia. The market effect result shows a positive impact on India�s export performance which suggests that India has diversified its exports to South Asia, Southeast Asia and West and Central Asia. However, market adaptation effect result shows negative impact in East Asian market which means that India is lacking in adapting the import structure of this market. JEL Codes: F1, F14, F43, L6, O53 � 2022 Indian Institute of Foreign Trade.