Travel and tourism have glimpsed a significant and promising implication for economic development. Despite the commendatory implication of tourism, it levies a stringent environmental cost such as environmental degeneration. Hence, this study will incorporate the 18 countries out of the top 20 travel and tourism contributors to economic growth to assess the progressive correlation between tourist arrival, economic growth, energy consumption, and oil consumption on carbon emission by applying panel ARDL spanning from 1995 to 2019. The outcome of the panel ARDL reveals that both periods have witnessed that the endogenous variables have a substantial and positive impact on environmental degradation except for tourism as it indicates −0.22 and −0.48% in the long and short run, having a rate of adjustment as −0.52 toward the equilibrium. The simultaneous quantile regression reveals that in the 50 and 75 percentiles, the effect of tourism has a negative impact, which contradicts the PMG findings. These determinations suggest that the policymakers look for more manageable and environmentally sound tourism and economic growth procedures to safeguard the sustainable environment in the studied countries.
The study aims to investigate the impact of demographic factors on investment risk tolerance. The demographic variables taken include age, gender, marital status, income, work experience, and education. The primary data has been collected through questionnaires by adopting a deductive approach. The sample size consists of 106 respondents using convenience sampling. SPSS is used for data analysis and person correlation, and linear regression is applied to analyze the relationship between the variables. It was identified that gender, income, and education are positively related to risk tolerance level, whereas age, marital status, and work experience are negatively related to risk tolerance. Gender is found to have a significant positive impact on risk tolerance level, whereas marital status has been found to have a negative and significant relationship with the risk tolerance level of individuals. These findings will be helpful for the investors to improve their investment decision-making skills. The further risk tolerance of investors may depend on the behavioral factors too.
This research aims to capture the essence of the customer urge of impulsivity in their buying behavior in mobile commerce (m-commerce) in the textile sector of Pakistan affected by the perceived utilitarian values (PUV) and perceived hedonic values (PHV). By taking the socio-cultural influence, in fostering excessive consumption habits, as a moderator the study tests its impact on the relationship between the consumers' perceived value and their IBB. Using the survey method, data is collected through a questionnaire in twin cities of Pakistan (n = 335). The results show that environmental stimuli significantly influence consumer perceived values (i.e., perceived utilitarian value and perceived hedonic value), and the consumers' perception of hedonic value significantly and directly impacts their IBB. In addition, the interaction effect of perceived hedonic value and socio-cultural influence significantly affects IBB. The findings provide valuable guidance for m-commerce retailers on enhancing their profits through consumer impulsive buying.
Keywords: Impulsive buying, hedonic value, utilitarian value, socio-cultural influences, M-Commerce, Smart PLS, Survey
The business environment of a host country reflects the complex interplay of multiple social, cultural and religious factors with the lives and work of ethnic minority women. The distinct social context of each ethnic or immigrant group determines its position in the host country. Every ethnic minority group has its unique characteristics, social and cultural conventions and resources that facilitate or constrain their entrepreneurial endeavours. As social actors, ethnic minority entrepreneurs draw support and resources from the 'network of social relations'; hence it is the 'social network' that facilitates or constraints the social actors'. It is the formation and utilization of a network of relationships that shapes the entrepreneurial outcomes which are not independent of external factors. Exploration of the outcomes of the interplay of gender, ethnicity and religion shaping the personal network of Pakistani female entrepreneurs forms the focus of this article in which ethnographic inquiry is used to explore the 'meaning and perception' attached to social relations by Pakistani female entrepreneurs in a special ethnic and immigrant context. Gender as a 'social practice' influenced by religious and cultural values leads Pakistani females to maintain 'women only networks' and rely on kinship networks. Transition from ethnic to non-ethnic and expansion of network is the outcome of mistrust on ethnic community members.
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