This research aims to assess the impact of bargaining power on budget implementation while also considering the deviation in capital expenditure as a moderating factor. The research sample included 34 provincial governments in Indonesia between 2019 and 2022. The sample determination method used purposive sampling, so the final sample size was 134 observations. The research employed panel data regression to test the hypotheses and continued with the Chow, Lagrange multiplier, and Hausman tests. The study results indicate that bargaining power has a positive and significant effect on budget implementation, with the deviation in capital expenditure not diminishing its impact. The research’s practical implication is that regional governments must effectively manage their revenues to finance regional spending needs through regional tax intensification and extensification policies. The study contributes to signaling theory by highlighting that regional governments can finance regional spending needs through fiscal independence and society’s involvement. It also contributes to agency theory by demonstrating that capital expenditure deviation in the form of information asymmetry in regional governments does not reduce their ability to finance regional expenditure needs. Nonetheless, the study suggests that the proxies used in this research are limited, and further exploration of other proxies to measure tested variables. This research provides new knowledge for stakeholders regarding the dynamics of regional budgeting, especially regarding assessing the impact of bargaining power on budget implementation and considering deviations in capital expenditure as a moderating factor.
This study aims to evaluate the influence of population dependency ratio on the economic growth of Bangladesh, India, and Pakistan, the three members of the South Asian Association for Regional Cooperation (SAARC). The study covers the time from 1960 to 2021. It also analyses in detail how population aging and the youth dependency ratio affects the development of certain sectors, including industry, services and agriculture. This study uses panel data to determine the influence of population dependency ratios on economic growth. To estimate this effect, we use the Pooled Mean Group/Autoregressive Distributed Lag (PMG/ARDL) technique. Based on the results obtained from the ARDL analysis indicate the presence of a long-term relationship among these variables. These discoveries align with prior empirical research conducted by Lee and Shin, Mamun et al., and Rostiana and Rodesbi. Furthermore, the findings suggest that an increase in the old age population dependency ratio positively influences economic growth within these nations. The long-term relationship findings pertaining to the old and young dependency ratio and economic growth corroborate the conclusions of Bawazir et al., who proposed that the old population dependency ratio exerts a favorable impact, while the young population has an adverse effect on economic growth. Originality: This research focused on the population dependency ratio, a pivotal demographic metric that gauges the proportion of individuals relying on support (including children and the elderly) compared to those of working age. This investigation particularly explores the interconnection between the population dependency ratio and sectoral development, an essential aspect given that various sectors make distinct contributions to economic advancement. Examining how population dynamics affect sectoral development yields valuable insights into the overall economic performance of Pakistan, India, and Bangladesh.
Conversion of the ocean’s vertical thermal energy gradient to electricity via OTEC has been demonstrated at small scales over the past century. It represents one of the planet’s most significant (and growing) potential energy sources. As described here, all living organisms need to derive energy from their environment, which heretofore has been given scant serious consideration. A 7th Law of Thermodynamics would complete the suite of thermodynamic laws, unifying them into a universal solution for climate change. 90% of the warming heat going into the oceans is a reasonably recoverable reserve accessible with existing technology and existing economic circumstances. The stratified heat of the ocean’s tropical surface invites work production in accordance with the second law of thermodynamics with minimal environmental disruption. TG is the OTEC improvement that allows for producing two and a half times more energy. It is an endothermic energy reserve that obtains energy from the environment, thereby negating the production of waste heat. This likewise reduces the cost of energy and everything that relies on its consumption. The oceans have a wealth of dissolved minerals and metals that can be sourced for a renewable energy transition and for energy carriers that can deliver ocean-derived power to the land. At scale, 31,000 one-gigawatt (1-GW) TG plants are estimated to displace about 0.9 W/m2 of average global surface heat into deep water, from where, at a depth of 1000 m, unconverted heat diffuses back to the surface and is available for recycling.
This study investigates the viability and sustainability of proposed landfill sites based on the uncapacitated facility location problem framework utilising the SmartPLS4 Structural Equation Modelling. Investigating the Cape Coast Metropolis, a stratified sampling method selected 400 samples out of which 320 valid respondents were used as the basis for the analysis. Through statistical analysis, significant correlations were identified among community acceptance, environmental impact, facility accessibility, site sustainability, and operational efficiency. However, no significant correlation was found between economic viability and site sustainability. Furthermore, the proposed indirect mediation pathway from operational efficiency to site sustainability via facility accessibility was also statistically insignificant. Employing the use of SmartPLS4 approach in studying the application of uncapacitated facility location problem framework, deepens the understanding of landfill viability and sustainability dynamics. This research contributes to the environmental sciences and sustainability by providing insights into landfill management strategies and emphasising the importance of community engagement and environmental performance in achieving sustainable outcomes. Future research could refine the model by including additional variables like technological advancements and regulatory frameworks, conducting longitudinal studies to track landfill dynamics over time, and undertaking comparative studies across different geographical regions. This could provide insights into management approaches’ applicability. Interdisciplinary collaborations are recommended to address the multifaceted challenges of landfill sustainability.
This article explores the implications of directive change management, characterized by top-down leadership and minimal employee involvement, on organizational dynamics, employee morale, and job security. This approach's psychological and operational impacts are underscored, emphasizing the imperative of addressing employee perceptions and fostering trust. Strategies for rebuilding trust and enhancing morale post-directive change management are presented, including transparent communication, participative decision-making, and recognition of employee contributions. The significance of enhancing job security through clear policies, open dialogue, and robust mental health and well-being support systems is highlighted. Practices that encourage job dedication are introduced, emphasizing goal alignment, meaningful work design, and a culture of innovation and continuous improvement. Long-term strategies for cultivating a healthy workplace, such as establishing feedback mechanisms, investing in leadership development, and maintaining organizational adaptability, are also discussed. This brief article is an introductory resource for business leaders, managers, and change practitioners seeking to be better equipped with the necessary tools and strategies to navigate the post-implementation effects of directive change management. It is anticipated that this information can assist leaders and organizations in navigating the challenges of directive change management, promoting resilience, employee well-being, and sustainable organizational success.
Objective: This research aims to investigate the legal dynamics of leasing agricultural land plots integrated with protective plantings, motivated by recent legislative changes that significantly influence both agricultural productivity and environmental conservation. Methods: The authors of the article used the methods of axiological, positivist, dogmatic, historical, and comparative-legal analysis. Results: The study considers the recent legislative amendments that grant agricultural producers the right to lease land with forest belts without the need for bidding. It traces the historical development of forest plantations, highlighting their major role in intensifying agricultural production. Our results reveal that the new legislative framework allows agricultural producers to lease lands with protective forest belts without bidding, a change that highlights the complexities of balancing economic efficiency with ecological sustainability. Conclusions: The research emphasizes the unique legal challenges and opportunities presented by forest belt leasing in the agricultural context. It stipulates the need for a balanced legal framework that preserves environmental integrity, protects property rights, and supports sustainable agricultural practices. This study dwells on the evolving legal landscape of forest belt leasing and its implications for agricultural land management in Russia and similar regions. The significance of this research in its comprehensive analysis of the legal, economic, and ecological dimensions of land leasing, offering a nuanced understanding of how legislative changes shape land use strategies.
Copyright © by EnPress Publisher. All rights reserved.