Ever since their emergence on this planet, human beings have depended on forest resources for their requirements, ranging from food, fuel to shelter. Sustainable extraction of forest resources has been promoted by con...Ever since their emergence on this planet, human beings have depended on forest resources for their requirements, ranging from food, fuel to shelter. Sustainable extraction of forest resources has been promoted by conservationists and development agencies as a feasible strategy for forest dwellers, which does not diminish the resource base. Yet surveys of actual resource use suggest that for poorer resource-dependent communities without access to markets, non-timber forest products (NTFPs) can only act as a safety- net and a supplementary income source. In southern Meghalaya of India, NTFPs and medicinal and aromatic plants (MAPs) have become an important source of cash and subsistence income for poor people living in or near forests. People in this region have tradi- tionally been collecting different forest products from private forests as well as community conserved forests, The study reveals that NTFPs contribute significantly towards the annual cash income of the local population. The contribution of NTFPs to their income was highest in the case of poor families (9.89%), followed by middle income families (3.34%) and the least for the higher income families (1.34%). Our household survey revealed that 100% of the population is directly or indirectly dependent on NTFPs. House- hold response indicates diversity in both the types and uses of products collected.展开更多
Food security is a challenge in many developing countries. Nations are still struggling to make use of available resources so as to combat hunger. Drought, land degradation, marketing constraints, improper post-harves...Food security is a challenge in many developing countries. Nations are still struggling to make use of available resources so as to combat hunger. Drought, land degradation, marketing constraints, improper post-harvest handling and anthropogenic factors are minimizing the production and productivity of agricultural land resources. Making use of improved technologies, adaptable crops and high yielding cash crops, however, are also helping many to cope up with food insecurity. Banana production is significantly contributing for food security as well as livelihood opportunities in Southern Ethiopia. But, technical works on the value chain of the crop are still minimal;it would have resulted a tangible impact on the national income in terms of export earnings and food security too. The Southern Ethiopia, Gamo Gofa Zone is the leading banana producer in the country. This article assesses the potential contribution of banana production to food and income security in the area. The paper also explored the major banana production maximization bottlenecks. 63 farmers of Arba Minch Zuriya District were interviewed to extract primary information. Discussions were held with Government officials. Different reports and related literatures were also reviewed. The result showed that, banana production was having a significant role for the wellbeing of the community explained in terms of food security, income source and serving as source of feed for livestock. Problems associated with marketing and post-harvest handling are also identified being production problems. The fact that, the production of banana is mainly dominated by men has also let the men to sell the crop and have an independent control over the cash. Therefore, community awareness development, improving production systems and developing the culture of saving could help to have a sustained impact of banana production in the region.展开更多
In this paper,we summarize and analyze the relevant research on the cash manage-ment problem appearing in the literature.First,we identify the main dimensions of the cash management problem.Next,we review the most rel...In this paper,we summarize and analyze the relevant research on the cash manage-ment problem appearing in the literature.First,we identify the main dimensions of the cash management problem.Next,we review the most relevant contributions in this field and present a multidimensional analysis of these contributions,according to the dimensions of the problem.From this analysis,several open research questions are highlighted.展开更多
CHINESE people like to bank their cash; this is evident in the 300 million deposit accounts currently in existence.China's national savings ratio approaches 50 percent, and 30 percent of its income is from family sav...CHINESE people like to bank their cash; this is evident in the 300 million deposit accounts currently in existence.China's national savings ratio approaches 50 percent, and 30 percent of its income is from family savings, says Stephen Roach, chief economist at Morgan Stanley,展开更多
Fodder production in arid rangelands has been traditionally considered as the main source of nutrition for livestock.However,the production of these fodder may be influenced by some socio-economic and climatic factors...Fodder production in arid rangelands has been traditionally considered as the main source of nutrition for livestock.However,the production of these fodder may be influenced by some socio-economic and climatic factors.This study aims to identify the various rangeland use forms and determine the types of livestock feeding system in the El Ouara rangelands of Ben guarden District in southern Tunisia by analysing the importance of supplemental feeding and main determinants of this practice.Data were collected by a survey that targeted a sample of 50 breeders in the El Ouara rangelands.Descriptive statistics and binary logistic regression were used to analyse the data.The results showed that there are two types of association practiced by breeders:“Cherka”association practiced by 10.00% of breeders and cash payment association practiced by 53.00% of breeders.Then,transhumance,sedentary,and semi-urban forms are the main ways in which breeders use the rangelands.There are four livestock feeding systems in the El Ouara rangelands being used to feed livestock:natural rangeland,rangeland-based,mixed,and concentrate-based feeding systems.Supplemental feeding has become fundamental for the livestock feeding system in the El Ouara rangelands.The breeders with the largest camel size still use the natural rangeland feeding system,while the breeders who have the largest herd size practice the mixed feeding system.The logistic regression results reveal that breeder age,cereal area,herd size,migrant remittance,second activity,and agricultural development group membership can significantly impact the supplemental feeding.In summary,this study can help policy-makers plan innovative practices based on climatic change,ensure the sustainability of livestock feeding system,and make effective decisions for local development.展开更多
Some peopleuse cashand somemake e-payments.Cashis easytousebecause you can use it anywhere.When you pay with cash,it is private.You don't leave a digital record.Using cash can also keep you from spending too much....Some peopleuse cashand somemake e-payments.Cashis easytousebecause you can use it anywhere.When you pay with cash,it is private.You don't leave a digital record.Using cash can also keep you from spending too much.You see cash leaving your wallet.展开更多
This study examines the impact of cash crop cultivation on household income and migration decisions,using survey data collected from low-income regions in China.Given farmers decide themselves whether to cultivate cas...This study examines the impact of cash crop cultivation on household income and migration decisions,using survey data collected from low-income regions in China.Given farmers decide themselves whether to cultivate cash crops,an endogenous treatment regression model that accounts for potential selection bias issue is used to analyze the data.The empirical results show that cash crop cultivation exerts a positive and statistically significant impact on household income,but it does not affect household migration decisions significantly.The disaggregated analyses reveal that cash crop cultivation significantly increases farm income but decreases off-farm income.展开更多
In this paper, from the viewpoint of the time value of money, we study the risk measures for portfolio vectors with discount factor. Cash subadditive risk measures for portfolio vectors are proposed. Representation re...In this paper, from the viewpoint of the time value of money, we study the risk measures for portfolio vectors with discount factor. Cash subadditive risk measures for portfolio vectors are proposed. Representation results are given by two different methods which are convex analysis and enlarging space. Especially, the method of convex analysis make the line of reasoning and the representation result be simpler. Meanwhile, spot and forward risk measures for portfolio vectors are also introduced, and the relationships between them are investigated.展开更多
As the cash register system gradually prevailed in shopping malls, detecting the abnormal status of the cash register system has gradually become a hotspot issue. This paper analyzes the transaction data of a shopping...As the cash register system gradually prevailed in shopping malls, detecting the abnormal status of the cash register system has gradually become a hotspot issue. This paper analyzes the transaction data of a shopping mall. When calculating the degree of data difference, the coefficient of variation is used as the attribute weight;the weighted Euclidean distance is used to calculate the degree of difference;and k-means clustering is used to classify different time periods. It applies the LOF algorithm to detect the outlier degree of transaction data at each time period, sets the initial threshold to detect outliers, deletes the outliers, and then performs SAX detection on the data set. If it does not pass the test, then it will gradually expand the outlying domain and repeat the above process to optimize the outlier threshold to improve the sensitivity of detection algorithm and reduce false positives.展开更多
Background:The wealth effect of limiting shareholder rights via anti-takeover provisions(ATPs)is a contentious issue.By taking the differential effect hypothesis perspective,our study aims to provide additional eviden...Background:The wealth effect of limiting shareholder rights via anti-takeover provisions(ATPs)is a contentious issue.By taking the differential effect hypothesis perspective,our study aims to provide additional evidence about the relation between ATPs and acquisition performance.Methods:We examine the interaction of antitakeover provisions(ATPs)with firm characteristics and governance environment in explaining the cross-section of bidder announcement returns.Using a sample of 3,340 completed acquisitions by 1,217 firms during 1996–2006,we test the association between ATPs,firm characteristics,and governance environments with bidder returns.Results:We find that ATPs hurt acquisition performance only when acquirers hold a high level of excess cash.Similarly,ATPs are associated with lower bidder returns only when industry competition is weak and public pension fund ownership is low as well.By contrast,when industry competition is intense and/or public pension fund ownership is high,ATPs do not hurt bidder returns.Conclusions:The complementarity among ATPs,excess cash,industry competition,and public pension fund ownership suggests that ATPs per se do not necessarily result in value-destroying acquisitions for all firms.We address the endogeneity issue of unknown variables by using a proxy for firm prestige and draw the same conclusions.展开更多
This paper proposes and validates a comprehensive model of consumer acceptance in the context of offline e-cash payment.It modifies the unified theory of acceptance and the use of technology model(UTAUT)with construct...This paper proposes and validates a comprehensive model of consumer acceptance in the context of offline e-cash payment.It modifies the unified theory of acceptance and the use of technology model(UTAUT)with constructs of perceived security,cost of use,and government policy.Data collected from 4428 questionnaires about users’attitudes toward e-cash is used to apply a structural equation model which,in turn,assesses the predictive model.The empirical results indicate that perceived security and cost of use are beneficial extensions to the traditional UTAUT model,and intention is a key antecedent to users’actual utilization of e-cash.In addition,the demographic moderators are found to have significant effects on the relations among the variables.These results are useful to e-cash development and significant to the issue of Digital Currency Electronic Payment.展开更多
At the same time of tending forests,it is necessary to explore the under-forest economic development mode,bring into play production function of economic plants,establish cultivation mode of edible fungus,wild vegetab...At the same time of tending forests,it is necessary to explore the under-forest economic development mode,bring into play production function of economic plants,establish cultivation mode of edible fungus,wild vegetables and medicinal plants under forest,to obtain certain economic benefit in short period. This paper made a preliminary study on significance and existing problems of the under-forest economy,and came up with several interplanting patterns,in the hope of providing a comprehensive operation and cultivation approach for developing the under-forest economy.展开更多
This study examines the impact of financial development on corporate investment in terms of their influence on financing constraints.This study also tries to find the effect of financial development on the investment-...This study examines the impact of financial development on corporate investment in terms of their influence on financing constraints.This study also tries to find the effect of financial development on the investment-cash flow sensitivity across the size,degree of financial constraints and group affiliation of the firm.This study employs dynamic panel data model or more specifically system generalized method of moments(GMM)estimation technique.The estimation results reveal that cash flow affects the investment decision of the company positively,which implies that Indian firms are financially constrained.Also,we observe that financial development reduces the investment-cash flow sensitivity and the effect of financial development is more prominent for small size and standalone firms.The results are robust across the period and,for both financially constrained and unconstrained firms.This study contributes to the existing literature by analyzing the impact of financial development on the role of cash flow in determining investments undertaken by the Indian firms,which is an unexplored issue from an emerging market perspective.展开更多
文摘Ever since their emergence on this planet, human beings have depended on forest resources for their requirements, ranging from food, fuel to shelter. Sustainable extraction of forest resources has been promoted by conservationists and development agencies as a feasible strategy for forest dwellers, which does not diminish the resource base. Yet surveys of actual resource use suggest that for poorer resource-dependent communities without access to markets, non-timber forest products (NTFPs) can only act as a safety- net and a supplementary income source. In southern Meghalaya of India, NTFPs and medicinal and aromatic plants (MAPs) have become an important source of cash and subsistence income for poor people living in or near forests. People in this region have tradi- tionally been collecting different forest products from private forests as well as community conserved forests, The study reveals that NTFPs contribute significantly towards the annual cash income of the local population. The contribution of NTFPs to their income was highest in the case of poor families (9.89%), followed by middle income families (3.34%) and the least for the higher income families (1.34%). Our household survey revealed that 100% of the population is directly or indirectly dependent on NTFPs. House- hold response indicates diversity in both the types and uses of products collected.
文摘Food security is a challenge in many developing countries. Nations are still struggling to make use of available resources so as to combat hunger. Drought, land degradation, marketing constraints, improper post-harvest handling and anthropogenic factors are minimizing the production and productivity of agricultural land resources. Making use of improved technologies, adaptable crops and high yielding cash crops, however, are also helping many to cope up with food insecurity. Banana production is significantly contributing for food security as well as livelihood opportunities in Southern Ethiopia. But, technical works on the value chain of the crop are still minimal;it would have resulted a tangible impact on the national income in terms of export earnings and food security too. The Southern Ethiopia, Gamo Gofa Zone is the leading banana producer in the country. This article assesses the potential contribution of banana production to food and income security in the area. The paper also explored the major banana production maximization bottlenecks. 63 farmers of Arba Minch Zuriya District were interviewed to extract primary information. Discussions were held with Government officials. Different reports and related literatures were also reviewed. The result showed that, banana production was having a significant role for the wellbeing of the community explained in terms of food security, income source and serving as source of feed for livestock. Problems associated with marketing and post-harvest handling are also identified being production problems. The fact that, the production of banana is mainly dominated by men has also let the men to sell the crop and have an independent control over the cash. Therefore, community awareness development, improving production systems and developing the culture of saving could help to have a sustained impact of banana production in the region.
基金Research supported by projects:Crowd4SDG(H2020-872944)CI-SUSTAIN(PID 2019-104156GB-I00)+6 种基金TAILOR(H2020-952215)TED2021-131295B-C31TED2021-130187B-I00PID2019-105986GB-C21(funded by MCIN/AEI/10.13039/501100011033 and by the“European Union NextGeneration EU/PRTR”)VALAWAI(funded by the European Commission under Grant 101070930)2021 SGR 002992021 SGR 00754.
文摘In this paper,we summarize and analyze the relevant research on the cash manage-ment problem appearing in the literature.First,we identify the main dimensions of the cash management problem.Next,we review the most relevant contributions in this field and present a multidimensional analysis of these contributions,according to the dimensions of the problem.From this analysis,several open research questions are highlighted.
文摘CHINESE people like to bank their cash; this is evident in the 300 million deposit accounts currently in existence.China's national savings ratio approaches 50 percent, and 30 percent of its income is from family savings, says Stephen Roach, chief economist at Morgan Stanley,
文摘Fodder production in arid rangelands has been traditionally considered as the main source of nutrition for livestock.However,the production of these fodder may be influenced by some socio-economic and climatic factors.This study aims to identify the various rangeland use forms and determine the types of livestock feeding system in the El Ouara rangelands of Ben guarden District in southern Tunisia by analysing the importance of supplemental feeding and main determinants of this practice.Data were collected by a survey that targeted a sample of 50 breeders in the El Ouara rangelands.Descriptive statistics and binary logistic regression were used to analyse the data.The results showed that there are two types of association practiced by breeders:“Cherka”association practiced by 10.00% of breeders and cash payment association practiced by 53.00% of breeders.Then,transhumance,sedentary,and semi-urban forms are the main ways in which breeders use the rangelands.There are four livestock feeding systems in the El Ouara rangelands being used to feed livestock:natural rangeland,rangeland-based,mixed,and concentrate-based feeding systems.Supplemental feeding has become fundamental for the livestock feeding system in the El Ouara rangelands.The breeders with the largest camel size still use the natural rangeland feeding system,while the breeders who have the largest herd size practice the mixed feeding system.The logistic regression results reveal that breeder age,cereal area,herd size,migrant remittance,second activity,and agricultural development group membership can significantly impact the supplemental feeding.In summary,this study can help policy-makers plan innovative practices based on climatic change,ensure the sustainability of livestock feeding system,and make effective decisions for local development.
文摘Some peopleuse cashand somemake e-payments.Cashis easytousebecause you can use it anywhere.When you pay with cash,it is private.You don't leave a digital record.Using cash can also keep you from spending too much.You see cash leaving your wallet.
基金Supported by the Humanities and Social Science Research Fund of the Ministry of Education of China(19YJC790063)the Natural Science Foundation of Fujian,China(2017J05112)the Social Science Foundation of Fujian,China(FJ2017C076).
文摘This study examines the impact of cash crop cultivation on household income and migration decisions,using survey data collected from low-income regions in China.Given farmers decide themselves whether to cultivate cash crops,an endogenous treatment regression model that accounts for potential selection bias issue is used to analyze the data.The empirical results show that cash crop cultivation exerts a positive and statistically significant impact on household income,but it does not affect household migration decisions significantly.The disaggregated analyses reveal that cash crop cultivation significantly increases farm income but decreases off-farm income.
基金Supported by the National Natural Science Foundation of China(11371284,11771343)
文摘In this paper, from the viewpoint of the time value of money, we study the risk measures for portfolio vectors with discount factor. Cash subadditive risk measures for portfolio vectors are proposed. Representation results are given by two different methods which are convex analysis and enlarging space. Especially, the method of convex analysis make the line of reasoning and the representation result be simpler. Meanwhile, spot and forward risk measures for portfolio vectors are also introduced, and the relationships between them are investigated.
文摘As the cash register system gradually prevailed in shopping malls, detecting the abnormal status of the cash register system has gradually become a hotspot issue. This paper analyzes the transaction data of a shopping mall. When calculating the degree of data difference, the coefficient of variation is used as the attribute weight;the weighted Euclidean distance is used to calculate the degree of difference;and k-means clustering is used to classify different time periods. It applies the LOF algorithm to detect the outlier degree of transaction data at each time period, sets the initial threshold to detect outliers, deletes the outliers, and then performs SAX detection on the data set. If it does not pass the test, then it will gradually expand the outlying domain and repeat the above process to optimize the outlier threshold to improve the sensitivity of detection algorithm and reduce false positives.
文摘Background:The wealth effect of limiting shareholder rights via anti-takeover provisions(ATPs)is a contentious issue.By taking the differential effect hypothesis perspective,our study aims to provide additional evidence about the relation between ATPs and acquisition performance.Methods:We examine the interaction of antitakeover provisions(ATPs)with firm characteristics and governance environment in explaining the cross-section of bidder announcement returns.Using a sample of 3,340 completed acquisitions by 1,217 firms during 1996–2006,we test the association between ATPs,firm characteristics,and governance environments with bidder returns.Results:We find that ATPs hurt acquisition performance only when acquirers hold a high level of excess cash.Similarly,ATPs are associated with lower bidder returns only when industry competition is weak and public pension fund ownership is low as well.By contrast,when industry competition is intense and/or public pension fund ownership is high,ATPs do not hurt bidder returns.Conclusions:The complementarity among ATPs,excess cash,industry competition,and public pension fund ownership suggests that ATPs per se do not necessarily result in value-destroying acquisitions for all firms.We address the endogeneity issue of unknown variables by using a proxy for firm prestige and draw the same conclusions.
基金supported by grants from the Key Program of the Ministry of Education of Humanities and Social Science(No.15JJD790046)。
文摘This paper proposes and validates a comprehensive model of consumer acceptance in the context of offline e-cash payment.It modifies the unified theory of acceptance and the use of technology model(UTAUT)with constructs of perceived security,cost of use,and government policy.Data collected from 4428 questionnaires about users’attitudes toward e-cash is used to apply a structural equation model which,in turn,assesses the predictive model.The empirical results indicate that perceived security and cost of use are beneficial extensions to the traditional UTAUT model,and intention is a key antecedent to users’actual utilization of e-cash.In addition,the demographic moderators are found to have significant effects on the relations among the variables.These results are useful to e-cash development and significant to the issue of Digital Currency Electronic Payment.
基金Supported by Application Research Project of Bureau of Forest Industry in Heilongjiang Province(sgzjY2014027)
文摘At the same time of tending forests,it is necessary to explore the under-forest economic development mode,bring into play production function of economic plants,establish cultivation mode of edible fungus,wild vegetables and medicinal plants under forest,to obtain certain economic benefit in short period. This paper made a preliminary study on significance and existing problems of the under-forest economy,and came up with several interplanting patterns,in the hope of providing a comprehensive operation and cultivation approach for developing the under-forest economy.
文摘This study examines the impact of financial development on corporate investment in terms of their influence on financing constraints.This study also tries to find the effect of financial development on the investment-cash flow sensitivity across the size,degree of financial constraints and group affiliation of the firm.This study employs dynamic panel data model or more specifically system generalized method of moments(GMM)estimation technique.The estimation results reveal that cash flow affects the investment decision of the company positively,which implies that Indian firms are financially constrained.Also,we observe that financial development reduces the investment-cash flow sensitivity and the effect of financial development is more prominent for small size and standalone firms.The results are robust across the period and,for both financially constrained and unconstrained firms.This study contributes to the existing literature by analyzing the impact of financial development on the role of cash flow in determining investments undertaken by the Indian firms,which is an unexplored issue from an emerging market perspective.