Papers by Dr. Mirza N. Ali Talib
Sustainability, Jul 27, 2023
Housing is a basic human need and its affordability has become a concern with the exponential pop... more Housing is a basic human need and its affordability has become a concern with the exponential population growth, especially in densely populated developing countries. Rapid urbanization, inadequate housing and increasing slums have also brought environmental challenges to urban areas of developing countries. To address such concerns, Green Affordable Housing (GAH) has emerged as a concept with the convergence of ideas and actions of affordable housing and sustainability. This research aims to identify the GAH adoption strategies and the financial options through case study analysis of three South Asian Economies (India, Pakistan, and Bangladesh) and validated the case study outcome by using content analysis approach. The findings reveal that India has made notable progress in establishing a GAH financial market, while Pakistan and Bangladesh are struggling due to a lack of appropriate funds and underrated financial markets. This study further proposed the financing framework to achieve GAH for South Asian economies because the low-income Credit Link Subsidy Scheme alone supporting the adoption of GAH would not be enough. The study provides policy recommendations for using Credit Link subsidies, energy-efficient mortgages, and Public-Private Partnerships for housing investment as effective methods for financingGAH.
Impact of Terrorism on Economic Development of South Asian Economies
Springer eBooks, 2022
The impact of psychological ownership of knowledge on knowledge hiding behaviour: a bibliographic analysis
Current Psychology, Dec 2, 2022
Frontiers in Environmental Science
The contribution of structural transformation and urban development is considered crucial for the... more The contribution of structural transformation and urban development is considered crucial for the long run socio-economic growth but has adversely affected environmental sustainability over last few decades. This empirical research makes an innovative and holistic addition to the prior literature by examining the non-linear effect of economic growth and urban dynamics on environmental degradation in a comprehensive panel data of 66 countries and across respective income groups for the period 1990–2016. For empirical analysis, the robust econometric methods of two-way fixed effects (2W-FE), panel fully modified ordinary least squares (PFMOLS), and Driscoll-Kraay regressions have been applied to account for all econometric issues. The study unveils the bell-shaped effect of economic growth on environmental degradation which confirms the Environmental Kuznets Curve (EKC) and structural change hypotheses. The results of this study signifies the inverted U influence of urbanization and u...
Sustainability, 2021
Agricultural sector is significant for Sub-Saharan African countries and is highly exposed and se... more Agricultural sector is significant for Sub-Saharan African countries and is highly exposed and sensitive to climate change. This study aims to investigate the overall long-run impacts of temperature and precipitation on agricultural growth in 32 Sub-Saharan African countries. As proposed by Chudik and Pesaran, our estimations are based on augmented autoregressive distributed lag(ARDL) modelling and panel estimators with multifactor error structures. We estimate the “dynamic common correlated long-run effects (DCCE)” through the cross-sectionally augmented distributed lag (CS-DL) approach as well as through the cross-sectionally augmented autoregressive distributed lag (CS-ARDL). For robustness check, we also consider the cross-sectionally augmented error correction method (CS-ECM) and the common dynamic process augmented mean group (AMG). The study suggests that rising temperatures have significantly developed a negative long-term relationship with the agricultural growth in Sub-Sah...
Sustainability, 2020
From an idealistic viewpoint, the existence of the tourism industry in a country/region is a bles... more From an idealistic viewpoint, the existence of the tourism industry in a country/region is a blessing because of its anticipated sustainable economic benefits. To turn this idealistic state into a realistic one, institutions need to play a pivotal role in optimizing the desired incentives. The present study examines the asymmetric role of institutional quality in stimulating tourism inflows (receipts and arrivals) in selected Asia Pacific countries involved in tourism. The previous literature has established that improving institutional quality attracts tourism inflows to a destination. However, the literature fails to identify the specific point (threshold level) above (below) which the relationship turns positive (negative). To the best of our knowledge, this is the first study that estimates the asymmetries in the nexus of institutions and tourism inflows, using robust nonlinear autoregressive distributed lag approach. Our results show that the tourism inflow in Asian Pacific cou...
International journal of economics and finance, Apr 15, 2019
Following the literature of corporate law and finance, our study emphasizes on differences of leg... more Following the literature of corporate law and finance, our study emphasizes on differences of legal origins and their laws influencing the capital structures of the private firms following suboptimal conservative policies. The countries considered in each legal origin represents common law countries (UK, Australia, India, Pakistan and Thailand) and Roman backed civil law countries (Japan, South Korea, Germany) respectively. The time series considered for the study is 2000-2017. The findings provide that the conservative private firms are smaller in size with less investments but are positively related with profitability in both legal origins. However, the dividend payouts and non-debt tax shields have significant positive relation with conservative policies in civil law countries. It shows that the presence of minority shareholders' protection law in civil law countries directs the firms to pay more dividends which may also help them in reducing agency costs. We further exhibit that, before financial crises of 2008, the conservative firms in both legal origins are less directed towards dividends, especially in common law countries. Nevertheless, private conservative firms of civil law countries are more inclined towards dividend payouts after financial crises. The study implicates that the difference of laws in legal origins affect the capital structures of the conservative private firms. It further provides that because of the less effective credit markets, private firms may also be forced to adopt conservative policies in civil law countries but may also have less agency problems due to high probability of having dividend payouts.
From an idealistic viewpoint, the existence of the tourism industry in a country/region is a bles... more From an idealistic viewpoint, the existence of the tourism industry in a country/region is a blessing because of its anticipated sustainable economic benefits. To turn this idealistic state into a realistic one, institutions need to play a pivotal role in optimizing the desired incentives. The present study examines the asymmetric role of institutional quality in stimulating tourism inflows (receipts and arrivals) in selected Asia Pacific countries involved in tourism. The previous literature has established that improving institutional quality attracts tourism inflows to a destination. However, the literature fails to identify the specific point (threshold level) above (below) which the relationship turns positive (negative). To the best of our knowledge, this is the first study that estimates the asymmetries in the nexus of institutions and tourism inflows, using robust nonlinear autoregressive distributed lag approach. Our results show that the tourism inflow in Asian Pacific countries responds asymmetrically to any changes in institutional quality, and there is a single threshold of 7.52 points, where the impact of institutional quality reverses. We conclude that our findings are robust to the alternative measures of tourism inflows. The study offers useful policy inputs for devising short and long-run policies for the betterment of the institutional framework in the region by understanding the asymmetric impact of institutional quality on tourism inflow.
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Papers by Dr. Mirza N. Ali Talib