In this paper, we explore the static and dynamic effects of oil rent on competitiveness in Saudi Arabia’s economy during the period 1970–2022. In addition, we examined the short-run, strong and long-run relationships between exports and industry, inflation, energy use (oil rents) and agriculture using the Autoregressive Distributed Lag (ARDL) approach developed. The analysis showed that government spending will contribute to enhancing the competitive environment with a difference of one year. Moreover, the industry will contribute to increasing competitiveness for a positive relationship in the long term. The results stated that there is an insignificant relationship between competitiveness, inflation, and oil rents. The analysis also shows that inflation has a negative impact with statistical significance in the short term. In addition, the error correction model (ECM) coefficient is negative and has statistical significance at 0.76 at a 1% significant level, which indicates the existence of an error correction mechanism and thus the existence of a long-term relationship between the variables.
The new oil derivatives transportation scheme proposed by the 2013 Mexican Energy Reform allowed new participants to enter the sector. The new legal framework requires fulfilling many requirements and corresponding duties for the transportation of oil products. The Mexican government already has an institution dedicated to measuring the regulatory cost of each federal procedure. This work aims to quantify the regulatory costs associated with the procedures and their compliance to obtain permits for transporting oil products by truck. We use the standard cost method to measure these costs, considering all associated costs. The results showed that two government offices did not adequately measure these costs. They did not consider relevant information on frequency and opportunity costs, resulting in undervaluation and leading to wrong expectations. As a result of this research, we provide a more accurate way of estimating these costs, which brings greater certainty in the budgeting of these projects and, therefore, increases the probability of survival and success.
This study aims to examine and challenge the impact of local government policy governance on the oil palm plantation sector in Riau Province, Indonesia. It was discovered that 1,628 million hectares of illegal oil palm plantations are located within forest areas. Plantation area and crop harvest areas are declining due to the increase in damaged old plants, low productivity of plantation crops, inadequate facilities and infrastructure conditions, low technology application, plantation business licensing, limited downstream plantation industry and marketing, assistance in changing the attitudes, behavior, and skills of farmers. The methodology used was exploratory qualitative to explore this topic, and the determination of research topics was conducted using Biblioshiny application analysis. Then, the data was analyzed using Nvivo 12 Plus software. The results of this study discovered that the policy governance of the oil palm plantation sector as a leading commodity in Riau Province, Indonesia, is influenced by three dimensions: firstly, the actor dimension; secondly, the structural dimension; and third, the empirical dimension of governance. This research contributes as a knowledge reference to oil palm plantations.
Relying on the D-Vine copula model, this paper delves into the hedging capabilities of Brent crude oil against the exchange rate of oil-exporting and oil-importing nations. The results affirm Brent crude oil’s role as a safeguard and a refuge against the fluctuations of major currencies. Furthermore, we reaffirm that oil retains its robust hedging and safe-haven attributes during times of crisis, with currency co-movements across all countries exhibiting greater correlation than during the entire dataset. Additionally, our empirical findings highlight an unusually positive correlation between Brent crude oil and the Russian exchange rate during the Russia-Ukraine conflict, demonstrating that oil functions as a less effective hedge and a less dependable refuge for the Russian exchange rate in such geopolitical turbulence.
Bangladesh’s coastal regions are rich in saline water resources. The majority of these resources are still not being used to their full potential. In the southern Bangladeshi region of Patuakhali, research was conducted to investigate the effects of mulching and drip irrigation on tomato yield, quality, and blossom-end rot (BER) at different soil salinity thresholds. There were four distinct treatments applied: T1= drip irrigation with polythene mulch, T2 = drip irrigation with straw mulch, T3 = drip irrigation without mulch, and T4 = standard procedure. While soil salinity was much greater in treatment T3 (1.19–8.42 dS/m) fallowed by T4 (1.23–8.63 dS/m), T1 treatments had the lowest level of salinity and the highest moisture retention during every development stage of the crops, ranging from 1.28–4.29 dS/m. Treatment T3 exhibited the highest soil salinity levels (ranging from 1.19 to 8.42 dS/m), followed by T4 with a range of 1.23 to 8.63 dS/m. In contrast, T1 treatments consistently maintained the lowest salinity levels (ranging from 1.28 to 4.29 dS/m) and the highest moisture retention throughout all stages of crop development. In terms of yield, drip irrigation with no mulch treatment (T3) provided the lowest output (13.37 t/ha), whereas polyethylene mulching treatment (T1) produced the maximum yield (46.04 t/ha). According to the study, conserving moisture in tomato fields and reducing soil salinity may both be achieved with drip irrigation combined with polythene mulch. The research suggests that employing drip irrigation in conjunction with polythene mulch could effectively preserve moisture in tomato fields and concurrently decrease soil salinity.
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