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The impact of the technology on the food industrial production: a case study of Brazil Valmor Comim Junior, Sibele Recco Rosso Comim & Sadia Hussain Vehniwal

The impact of the technology on the food industrial production: a case study of Brazil

Author (s)

Valmor Comim Junior, Sibele Recco Rosso Comim & Sadia Hussain Vehniwal

Abstract

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The object of this study is to analysis the effect of technology on the food industrial production: A case study of Brazil. The Brazilian food and beverage industry has great social and economic importance to the nation and technology represents a key factor for competitiveness in the sector. Learning about the past and recent technological dynamics of this industry enables the identification of trends and perspectives that enhance its competitiveness. The range of data use for estimation is from 1980 to 2018. The analysis is based on econometric techniques. First of all this study applied The ADF (Augmented Dickey Fuller 1979) test to verify the stationary values of the variables, Johnson co-integration technique to check the long run relationship among the variables, VECM to check the significant values of the variables. This study concluded that the technology has positive effect on the food industrial production. . The new technology within the sector has been integrated rather than created. Enterprise investment in R&D is still low and the sector’s technology strategy is mostly imitative. However, this period presented positive effect of technological efforts, with the primary goal of increasing productive efficiency and effectiveness This study suggests that the government to subsidies the food industries that it can easily get approach to technology and revises food export restriction policy.

 Keywords: technology, food industrial production, econometric techniques, VECM.

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Title: The impact of the technology on the food industrial production: a case study of Brazil
Author: Valmor Comim Junior, Sibele Recco Rosso Comim & Sadia Hussain Vehniwal
Journal Name: International Journal of Science and Business
Website: ijsab.com
ISSN: ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI: https://doi.org/10.5281/zenodo.4560000
Media: Online
Volume: 5
Issue: 4
Acceptance Date: 09/02/2021
Date of Publication: 24/02/2021
PDF URL: https://ijsab.com/wp-content/uploads/709.pdf
Free download: Available
Page: 123-142
First Page: 123
Last Page: 142
Paper Type: Research Paper
Current Status: Published

 

Cite This Article:

Comim Junior, V.,  Comim, S. R. R. & Vehniwal, S. H. (2021). The impact of the technology on the food industrial production: a case study of Brazil. International Journal of Science and Business, 5(4), 123-142. doi: https://doi.org/10.5281/zenodo.4560000

Retrieved from https://ijsab.com/wp-content/uploads/709.pdf

 

About Author (s)

Valmor Comim Junior (Corresponding Author), University of International Business and Economics, Beijing, China. Email: valmor.comim@asibras.com

Sibele Recco Rosso Comim, University of International Business and Economics, Beijing, China.

Sadia Hussain Vehniwal, Bahauddin Zakariya University Vehari campus, Pakistan.

 

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DOI: https://doi.org/10.5281/zenodo.4560000

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Impacts of Inflation and Exchange Rate on Foreign Direct Investment in Bangladesh Muhammad Mahmud Mostafa

Impacts of Inflation and Exchange Rate on Foreign Direct Investment in Bangladesh

Author (s)

Muhammad Mahmud Mostafa

Abstract

The objective of this study is to investigate the impacts inflation and exchange rate on foreign direct investment (FDI) in Bangladesh. To meet the purpose of the study, time series data on dependent and independent variables are collected from various secondary sources covering the period 1980 to 2017. For estimation purpose the study employs different econometric techniques such as Augmented Dickey-Fuller (ADF) test, Johansen Co-integration Test, and Vector Error Correction Model (VECM). Apart from these, various diagnostic tests have been applied to evaluate the goodness-of-fit of the model. Results of the study reveal that there exists a long-run relationship between dependent and independent variables. Inflation rate is found to have a significant negative impact on FDI in the long-run but it is insignificant in the short-run. The results also show that exchange rate has a significant positive relationship with FDI both in the long-run and short-run. That is, depreciation of Bangladeshi taka against US dollar induces FDI flows in Bangladesh. Therefore, in order to increase the flow of FDI in Bangladesh, it is essential to take necessary steps to curb high inflation and to prevent the devaluation of oreign currencies against Bangladeshi taka.

 Keywords: FDI, Inflation Rate, Exchange Rate, Co-integration, ADF, VECM.

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Title: Impacts of Inflation and Exchange Rate on Foreign Direct Investment in Bangladesh
Author: Muhammad Mahmud Mostafa
Journal Name: International Journal of Science and Business
Website: ijsab.com
ISSN: ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI: https://doi.org/10.5281/zenodo.4114319
Media: Online & Print
Volume: 4
Issue: 11
Acceptance Date: 16/10/2020
Date of Publication: 20/10/2020
PDF URL: https://ijsab.com/wp-content/uploads/610.pdf
Free download: Available
Page: 53-69
First Page: 53
Last Page: 69
Paper Type: Research Paper
Current Status: Published

Cite This Article:

Muhammad Mahmud Mostafa (2020). Impacts of Inflation and Exchange Rate on Foreign Direct Investment in Bangladesh. International Journal of Science and Business, 4(11), 53-69. doi: https://doi.org/10.5281/zenodo.4114319

Retrieved from https://ijsab.com/wp-content/uploads/610.pdf

 

About Author (s)

Muhammad Mahmud Mostafa, Assistant Professor (Economics), Officer on Special Duty, Directorate of Secondary and Higher Education, Bangladesh, Dhaka, and Ph.D. Fellow, Institute of Bangladesh Studies, University of Rajshahi. E-mail: mahmud.bcs@gmail.com.

 

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DOI: https://doi.org/10.5281/zenodo.4114319