The Impact of Institutional Credit on Agricultural Production in Pakistan

Three main factors that contribute to agricultural growth are the increased use of agricultural inputs, technological change and technical efficiency. Technological change is the result of research and development efforts, while technical efficiency with which new technology is adopted and used more rationally is affected by the flow of information, better infrastructure, availability of funds and farmers’ managerial capabilities. Higher use and better mix of inputs also requires funds at the disposal of farmers. These funds could come either from farmers’ own savings or through borrowings. In less developed countries like Pakistan where savings are negligible especially among the small farmers, agricultural credit appears to be an essential input along with modern technology for higher productivity.

Technology-Intensive Exports, R&D, Human Capital, and Economic Growth in the Twenty-First Century

This thesis investigates twenty-first century economic growth through a distanceto- frontier (technology-gap) lens where growth in a country’s knowledge stock is determined by knowledge creation and knowledge imitation. The creation term is assumed to be a function of research and development, technology-intensive export performance, and human capital, while the imitation term is a function of the technology gap, technology-intensive export performance, and human capital. Over the period 1997-2018, two samples of countries are analyzed in a panel setting, and two growth models are estimated in total—one for each sample. While research and development has been extensively analyzed in the economic growth context, many studies are limited to small samples of countries. In this paper, the growth model pertaining the large sample of countries (n = 57) utilizes total R&D expenditure data. The smaller sample (n = 41) considers a growth model wherein government-funded and business-enterprise-funded R&D expenditure are considered as separate knowledge determinants. Until recently, technology-intensive export data were sparse, making variable construction difficult for large-sample analysis. While a traditional approach might utilize information and communications technology measures in the growth model, I take advantage of modern data availability and introduce a measure of technologyintensive export performance to the conceptual and empirical models. To investigate the factors shaping knowledge over time, unconditional β-convergence tests are conducted on the proposed determinants of knowledge. The results of these tests indicate convergence in technology-intensive export performance, human capital, and government-funded research and development expenditure across nations—suggesting that less-developed nations are “catching up” to the leaders in terms of knowledge (technology). The growth models are estimated utilizing various generalized method of moments estimators. Of the three research and development variables, results indicate that only government-funded research and development expenditure has a positive effect on growth. Technology-intensive export performance, and human capital are shown to have positive and significant growth effects for all models and samples considered. Overall, these results suggest that policymakers should give great consideration to technology-intensive export performance and human capital when drafting growth policies

The national cloud computing strategy

Executive summary On 5 October 2012 the Prime Minister announced that the Australian Government would develop a National Cloud Computing Strategy. This announcement recognised the synergies between the National Broadband Network (NBN) and cloud computing, but also the important role for government in providing the tools that small business, individuals and government agencies need to realise the promise of cloud computing. This strategy has been developed in a partnership between government, industry and consumer groups and outlines a vision for cloud computing in Australia: Australians will create and use world-class cloud services to boost innovation and productivity across the digital economy. When organisations adopt cloud services, they are generally more productive, innovate better and operate with greater agility. As a nation, Australia is well placed to take advantage of cloud computing for a range of reasons—including a stable socio-economic system, a strong rule of law, and a highly diverse and skilled Information and Communications Technology (ICT) sector. At the individual level there are many organisations across the economy that have implemented innovative cloud computing services that have transformed the way they operate. However, as a group, Australian small business and not-for-profit organisations lag behind their counterparts in Organisation for Economic Co-operation and Development (OECD) countries in the use of online technology. This places these organisations at a competitive disadvantage, which could be overcome through the use of cloud computing services. One reason for this has been insufficient access to the necessary infrastructure to support sophisticated cloud services—the relatively slow download or upload speeds in many parts of Australia have limited the adoption of cloud services. The NBN is changing this and is a key enabler of the digital economy more broadly. There are other reasons that cloud computing has not been adopted more generally in Australia, including a lack of awareness of how to make best use of cloud computing and a lack of confidence that some organisations and individuals have in adopting cloud computing services. This strategy has identified three core goals and a set of actions to achieve the government’s vision. However, as the cloud services market continues to evolve, users and providers of cloud services must remain responsive to change. Likewise, the government will continue to adapt its strategy in response to market and technological changes

The Impact of Institutional Credit on Agricultural Production in Pakistan

Three main factors that contribute to agricultural growth are the increased use of agricultural inputs, technological change and technical efficiency. Technological change is the result of research and development efforts, while technical efficiency with which new technology is adopted and used more rationally is affected by the flow of information, better infrastructure, availability of funds and farmers’ managerial capabilities. Higher use and better mix of inputs also requires funds at the disposal of farmers. These funds could come either from farmers’ own savings or through borrowings. In less developed countries like Pakistan where savings are negligible especially among the small farmers, agricultural credit appears to be an essential input along with modern technology for higher productivity. Credit requirements of the farming sector have increased rapidly over the past few decades resulting from the rise in use of fertiliser, biocides, improved seeds and mechanisation, and hike in their prices. The agricultural credit system of Pakistan consists of informal and formal sources of credit supply. The informal sources include friends, relatives, commission agents, traders and private moneylenders etc. Presently, the formal credit sources are comprised of financial institutions like Zarai Taraqiati Bank Limited (ZTBL)—formerly known as Agricultural Development Bank of Pakistan (ADBP), Commercial Banks, and Federal Bank for Cooperatives. Recently, some non-government organisations (NGOs) are also advancing agricultural credit to the rural communities

WP 85 - Multinationals versus domestic firms: Wages, working hours and industrial relations

This Working Paper aims to present and discuss recent evidence on the effect of Foreign Direct Investment (FDI) on wages, working conditions and industrial relations. It presents a. an overview of the available literature on the effects of FDI on wages, particularly in developed countries; b. the outcomes of own research comparing wages, working conditions and workplace industrial relations in Multinational Enterprises (MNEs) versus non-MNEs or domestic fi rms. These outcomes include seven EU member states: Belgium, Finland, Germany, the Netherlands, Poland, Spain, and the United Kingdom, and fi ve industries: metal and electronics manufacturing; retail; fi nance and call centres; information and communication technology (ICT), and transport and telecom. The data stem from the continuous WageIndicator web-survey, combined with company data from the AIAS MNE Database. The analysis took place in the framework of the socalled WIBAR-2 project, funded by the European Commission under the Industrial Relations and Social Dialogue Program (VS/2007/0534, December 2007-November 2008). The project was led by the AIAS, with the European Trade Union Confederation (ETUC); the European Metalworkers’ Federation (EMF); Ruskin College (Oxford); WSI im Hans-Böckler-Stiftung (Düsseldorf), and the WageIndicator Foundation as partners. Both from others’ and our own evidence, the picture emerged that the wage advantages emanating from working in an MNE in Northwestern Europe recently have become rather small, with our evidence for Germany, where we found considerable MNE wage premia, as the exception. In the majority of Polish and Spanish subsidiaries of MNEs these premia were still considerable. By contrast, in the retail trade and in transport and telecom MNEs seemed to exert outright wage pressure in some countries. Besides pay, workers mostly perceived advantages in working in an MNE where these were to be expected, in training and internal promotion, but also –rather unexpectedly-- in workplace industrial relations. Here, on all three yardsticks used (union density, collective bargaining coverage and the incidence of workplace employee representation) MNEs scored higher than domestic fi rms. MNEs scored less favourably on overtime compensation, working hours, and experienced and expected reorganisations. Where MNE wage premia show up, they have much in common with ‘effi ciency wages’, meant to buy higher productivity and extra commitment from (skilled) workers.

Determinant Factors of E-commerce Adoption by SMEs in Developing Country: Evidence from Indonesia

The aim of this study is to investigate those factors that influence SMEs in developing countries in adopting e-commerce. This study is motivated by the fact that the adoption of e-commerce by SMEs, especially in developing countries, is still very far behind the adoption by large companies. Yet to be able to survive in the new economic era, which is the information era; businesses, including SMEs, are forced to adopt e-commerce. Non-adopters will be left behind by the adopters. In addition, studies regarding e-commerce adoption by SMEs are rarely found. Therefore, the results of this study provide a timely understanding of e-commerce adoption by SMEs in developing countries. The model developed in this study is based on the TOE framework. Eleven variables are proposed as the factors that influence SMEs in adopting of e-commerce. These are organized into four groups, namely: technological factors, organizational factors, environmental factors and individual factors. Based on a survey of 292 Indonesian SMEs, it was found that perceived benefits, technology readiness, owners’ innovativeness, owners’ IT ability and owners’ IT experience are the determinant factors that influence Indonesian SMEs in their adopting e-commerce

Technology without borders: case studies of successful technology transfer

Technology Without Borders presents case studies of successful transfer of climate-friendly technology and practices. It explores the causes for success and draws the lessons learned. Key messages are presented for the fight against climate destabilisation. The terms “climate-friendly technology” and “climate technology” used here refer to technologies, practices or techniques, which reduce greenhouse-gas emissions or assist countries in adapting to climate change

Building knowledge-based economies: research projects in knowledge management and knowledge transfer

Small and medium-sized enterprises (SMEs) are viewed as the growth engines of the new knowledgebased economy. This new economic growth model differs from the old in significant ways, many of which are related to the knowledge base that will be required by the SMEs. Based upon prior research a set of factors important to the success of SMEs in a knowledge-based economy is described. Focusing on those factors related to the knowledge base, the paper concludes with a set of research questions and brief descriptions of three research projects on knowledge management and knowledge transfer

Assessing Needs of Care in European Nations. ENEPRI Policy Brief No. 14, 28 December 2012

This Policy Brief presents the research questions, main results and policy implications and recommendations of the seven Work Packages that formed the basis of the ANCIEN research project, financed under the 7th EU Research Framework Programme of the European Commission. Carried out over a 44-month period and involving 20 partners from EU member states, the project principally concerns the future of long-term care (LTC) for the elderly in Europe and addresses two questions in particular: How will need, demand, supply and use of LTC develop? How do different systems of LTC perform