Purpose The purpose of this study is to dissect the transport infrastructure performance, public spending in transport infrastructure development and the manufacturing sector in determining the transport sector energy consumption. Design/methodology/approach An analysis of transport energy consumption with the transport infrastructure performance, public spending in transport infrastructure and manufacturing sector output in India using annual data for the period 1987–2019. The study used the autoregressive distributed lag (ARDL) bounds test approach along with FMOLS, DOLS and canonical cointegration regression (CCR) methods. Findings The results of the ARDL bounds test provide evidence for the long- and short-run relationships among study variables. It evidenced that transport infrastructure performance reduces transport energy consumption by using FMOLS, DOLS and CCR methods. Furthermore, the inference of the positive impact of value added in the manufacturing sector on transport energy consumption validates the higher energy demand of the manufacturing sector from a mobility perspective. Practical implications The estimated finding of this study is expected to be contributing to policy-making discussions on transport infrastructure and manufacturing sector development in an emerging economy like India with insights on energy consumption. Originality/value To the best of the authors’ knowledge, this is the first study that integrates the impact of manufacturing sector output on transport sector energy consumption along with transport infrastructure performance and public investment in the transport infrastructure.
The importance of fostering entrepreneurship is inevitable in poverty alleviation programmes because it is the best way to create capabilities. Nurturing women entrepreneurship in a competent outfit will be a way to fight poverty. Schumpeter’s and Kirzner’s economic models of entrepreneurship show how women’s entrepreneurship should be identified, recruited, mentored and encouraged. So, the notion of eradicating poverty through profit in rural India can be by women entrepreneurs taking up radical and incremental innovation and achieving profitability, self-fulfilments and thus the positive economic outcome. Small and medium enterprises (SMEs), which are vehicles in which women entrepreneurship thrives, are very conducive for rural women. The unique qualities and skills which women entrepreneurs introduce into SMEs constitute a real potential source of innovation for economies. To Schumpeter, while the identification and exploitation of this source of opportunities involve radical innovations, Kirzner’s incremental innovations are brought to market and exploited by alert entrepreneurs.
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