Md. Aktar Kamal (2019). Factors Influencing Human Capital in Ready Made Garments Industry in Bangladesh. Journal of Social Economics Research, 6(1): 34-49. DOI: 10.18488/journal.35.2019.61.34.49
The aim of this research is to determine the factors that influence the human capital of an organisation. An investigative study has been used to observe an exploratory factor analysis (CFA) of human capital. This study has been undertaken on the Ready-Made Garment (RMG) industry in Bangladesh and includes responses from 300 garment organisations using the cluster sampling technique. IBM, SPSS, and AMOS softwares were used to carry out the statistical analysis. The results suggest that skills, education and training, knowledge and competencies, and the attitudes of employees are very important elements of human capital. This study provides empirical evidence on the factors that affect human capital. It advises the policy maker to focus on key variables that affect the development of human capital in Bangladesh’s RMG industry. Bangladesh has a rapidly growing economy, currently maintaining above six percent annual growth in Gross Domestic Production (GDP), largely driven by the RMG industry.
This study undertakes the first logical analysis of this critically important sector and uncovered those variables that have significant influence on developing the human capital of an organisation RMG industry in Bangladesh.
An Empirical Assessment of the Impact of Access to Credit on Farm Output: A Case Study of Sefwi-Wiawso Municipality Ghana
David Tanoh Aduhene , Sylvester Boadu , Ernest Obeng (2019). An Empirical Assessment of the Impact of Access to Credit on Farm Output: A Case Study of Sefwi-Wiawso Municipality Ghana. Journal of Social Economics Research, 6(1): 20-33. DOI: 10.18488/journal.35.2019.61.20.33
The study examined the socio-demographic features of farmers and credit accessibility in the Sefwi-Wiawso Municipality Ghana. It also identifies the sources and factors influencing access to credit in the Sefwi-Wiawso Municipality. Primary data were obtained from 1,200 households and farmers within the Sefwi-Wiawso Municipal. The empirical analysis employed a logistic regression technique, the Tobit model and Endogenous Switching Regression Model (ESRM) to explore the accessibility of credit on productivity in the agriculture sector. The results revealed that age and gender are statistically significant in determining access to credit from both the logit and the endogenous regression models. The endogenous switching regression model further reveals that educational status, land ownership, access to knowledge on credit significantly influences the amount of credit received by a particular farmer within the Sefwi-Wiawso Municipality. These findings have practical implications for the modernizations of the Agriculture sector in Ghana. It is therefore important for various stakeholders to increase financial literacy among farming communities and the financial institutions to increase the credit accessibility by the Agriculture sector. It is therefore recommended that extension services provision, diversification of agriculture production and easy access to credit from financial institutions in the Municipality be established to ensure increased agriculture production.
This study is one of the very few studies which have investigated the impact of access to credit on agricultural productivity.
The Nexus between Urbanization, Energy Demand and Healthcare in Bangladesh
Saanjaana Rahman (2019). The Nexus between Urbanization, Energy Demand and Healthcare in Bangladesh. Journal of Social Economics Research, 6(1): 13-19. DOI: 10.18488/journal.35.2019.61.13.19
Urbanization leads to increase in energy usage as it aggravates the demand of housing, land usage, commutation and many more. Economic theory postulates that urbanization is a demographic activity where a big share of any country’s people migrates in urban settlements (Arouri et al., 2014). The energy demand will keep on increasing in the upcoming years as targets for development and economic growth aggravates. Bangladesh aims to become a middle-income nation by 2021. As more and more workers will migrate to the urban city for job, they will use more and more healthcare facilities available in the city, which in turn will increase the demand for energy. Healthcare industry is termed as a vital sector for any country, as health is wealth for any nation. Furthermore, patients’ health and quality of life is important to perform economic activities or to be an active citizen of the country for growth of the economy, as a healthy economy is the key to a successful nation. Good governance is important in this aspect as the country has set a target to gain universal health coverage by 2023 to pay 70% of the medical expenses. However, healthcare industry needs to utilize renewable energy and smart technology for the sustained economic growth.
This study uses new methods of ARDL Bound Testing Approach to investigate the link among urbanization, energy and healthcare.
Health Care Outcomes, Malnutrition and Food Security in Southern Africa Development Community: A Quantile Regression Approach
Strike Mbulawa (2019). Health Care Outcomes, Malnutrition and Food Security in Southern Africa Development Community: A Quantile Regression Approach. Journal of Social Economics Research, 6(1): 1-12. DOI: 10.18488/journal.35.2019.61.1.12
The study analyzed the linkages among food security, nutrition and health care outcomes within the SADC regional bloc for the period 1991 to 2016. The study employed panel OLS and quantile regression analysis and the latter provided more informative findings that would culminate in the development of effective policies to deal with problems of infant mortality. Specifically, the study showed that population growth and malnutrition have a positive and significant effect on infant mortality across the entire distribution. The effect of investment in fixed capital and economic development is significant at higher quantiles. There is a non-linear relationship between infant mortality and population growth. Food security has no effect on infant mortality rate across the entire distribution and these results are consistent with those found using panel OLS. Robust results using quantile regression show that the sensitivity of infant mortality to each variable remains the same, statistically, but the magnitude or effect increases in higher quantiles. The study showed potential parameter heterogeneity across countries with implications for estimating the wider effects of mortality for a policy shock that may have unequal effects across the distribution. Properly developed policies should have a differentiated approach in influencing the rate of infant mortality in member states.
The study is one of the few studies that have examined the linkages among food security, nutrition and health care using quantile regression in SADC.