abstracts of scholarly works
Integrating non-renewable energy consumption, geopolitical risks, economic development with the ecological intensity of wellbeing: evidence from quantile regression analysis
Frontiers in Energy Research, June 2024 — Click Here to View More
Nabila Khurshid
Chinyere Emmanuel Egbe
Nabila Akram
Introduction: This study delves into the intricate relationship between nonrenewable energy sources, economic advancement, and the ecological footprint of well-being in Pakistan, spanning the years from 1980 to 2021.
Methods: Employing the quantile regression model, we analyzed the cointegrating dynamics among the variables under scrutiny. Non-renewable energy sources were dissected into four distinct components—namely, gas,
electricity, and oil consumption—facilitating a granular examination of their impacts.
Results and discussion: Our empirical investigations reveal that coal, gas, and electricity consumption exhibit a negative correlation with the ecological footprint of well-being. Conversely, coal consumption and overall energy consumption show a positive association with the ecological footprint of well-being. Additionally, the study underscores the detrimental impact of geopolitical risks on the ecological footprint of well-being. Our findings align with the Environmental Kuznets Curve (EKC) hypothesis, positing that environmental degradation initially surges with economic development, subsequently declining as a nation progresses economically. Consequently, our research advocates for Pakistan’s imperative to prioritize the adoption of renewable energy sources as it traverses its developmental trajectory. This strategic pivot towards renewables, encompassing hydroelectric, wind, and solar energy, not only seeks to curtail environmental degradation but also endeavors to foster a cleaner and safer ecological milieu.
Globalization and Economic Stability: An Insight from the Rocket and Feather Hypothesis in Pakistan
Sustainability, January 2023 — Click Here to View More
Nabila Khurshid
Chinyere Emmanuel Egbe
Asma Fiaz
Amna Sheraz
The purpose of this study was to analyze the irregular pattern of changing inflation as a result of the pass-through of the exchange rate and fluctuations in oil prices in the current globalization scenario. We used annual data sets for crude oil prices, real effective exchange rates, and inflation in Pakistan from 1972 to 2021 for the analysis. The control variables used in the current study were imports (IMP), gross domestic product per capita (GDP), exports (EXP), globalization (GLOB), and interest rates (CRATE). Our findings from a non-linear autoregressive distributed lag (NARDL) analysis showed that inflation had an asymmetric rocket and feather pattern regardless of how globalization was defined or measured. On the other hand, GDP, EXP, and GLOB negatively impacted inflation, and CRATE and IMP had positive effects on inflation. Our study suggested that alternative policies, such as fixing the exchange rate, might decrease uncertainty and stabilize the Pakistani economy in the future. Moreover, increasing the use of sustainable energy would reduce the dependence of the economy on oil prices, which would lower its impact on the economy.
Market Intelligence Generation, Social Capital and Firm Creation: A Focus on Nascent Entrepreneurs, Journal of Small Business and Entrepreneurship Development,
Journal of Small Business and Entrepreneurship Development, June 2014,
Knox, E and Egbe, C. E,
Abstract
Prior research on entrepreneurship has identified social, demographic and economic variables that contribute to an individual propensity to engage in entrepreneurial activities. These efforts led to the need for a comprehensive understanding of the firm creation process beyond socio-economic and demographic variables. Consistent with that recommendation, marketing is one area that has been argued to offer additional insight into entrepreneurship and more specifically the firm creation process.
This paper proposes to study the relationship between Market Orientation (MO) and Entrepreneurial Firm Creation (FC) of Nascent Entrepreneurs. Extant research on Market Orientation (MO) and its use by Nascent Entrepreneurs (NE) have largely focused on managers in existing firms and individuals who are employees of other businesses. This paper focuses on the individual who takes that fateful step to create a firm and will seek to (a) determine whether individual nascent entrepreneurs who engage in market intelligence gathering are more likely to complete the firm creation process by starting a business, (b) assess the role of social capital in the relationship between market intelligence gathering and firm creation. This will add to the understanding of why some nascent entrepreneurs succeed at creating new firms and others do not.
”Entrepreneurial Orientation, Social Capital and Firm Creation for Nascent Entrepreneurs”
Journal of Business and Economics, June 2015
Knox, E, Egbe, C.E and Austin, K
Abstract
Prior research on entrepreneurship has identified social, demographic and economic variables that contribute to an individual propensity to engage in entrepreneurial activities (Fairlie, 2005). In this paper, we propose to study the relationship between Entrepreneurial Orientation (EO) and Entrepreneurial Firm Creation (FC) of the Nascent Entrepreneurs. We argue that Entrepreneurial Orientation in and of itself will not lead to Firm Creation. We posit that the Nascent Entrepreneur (NE) takes calculated risks, as clearly indicated in the literature. This paper goes beyond the extant literature and examines the individuals who enter business as an independent agent. We also assess the role of social capital (SC) in the relationship between Entrepreneurial Orientation and firm creation.
Using a logistic regression model and interaction analyses, it appears that Entrepreneurial Orientation by itself is not sufficient to lead to Firm Creation. Market Intelligence Gathering (MIG) continues to be a critical variable. Our results clearly indicate that the Nascent Entrepreneur takes a calculated risk. We also find moderating or potentially mediating effects of other variables on the process of firm creation.