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1.
Sustainability ; 14(13):7648, 2022.
Article in English | ProQuest Central | ID: covidwho-1934220

ABSTRACT

Under the goal of a “new development pattern”, it is of great practical significance to accurately identify the economic growth effect of fiscal and tax policies. This paper constructs a TVP-FAVAR model to measure the economic effects of China’s fiscal and tax policies at the aggregate and structural levels. The results show that the reduction in total tax has a positive effect on real variables such as output and consumption;especially at the present stage, the promotion effect of total tax reduction on economic growth is relatively strong, but the stimulation effect on price is relatively weak. Further, the tax structure in which the ratio of direct tax to total tax increases and the ratio of indirect tax to total tax decreases is more conducive to the increase in output and consumption, and will not strongly stimulate the rise of price level. Therefore, at this stage, China should continue to vigorously implement the tax reduction policy and ensure the continuity of the tax reduction policy. At the same time, we should continue to optimize the tax structure and give better play to the regulatory role of fiscal and tax policies in income redistribution, so as to achieve the goal that fiscal and tax policies help build a “new development pattern” and promote high-quality economic development.

2.
Sustainability ; 14(13):7600, 2022.
Article in English | ProQuest Central | ID: covidwho-1934215

ABSTRACT

In recent years, the market pattern of infant formula in China has changed dramatically. The market share of domestic infant formula has exceeded that of imports. The essence of the market share change of domestic and foreign brands is the change of consumers’ brand preferences. To explore which factors affected consumers’ brand preferences, our study conducted a qualitative research method based on the grounded theory, through in-depth interviews with 60 mothers in the Beijing-Tianjin-Hebei region, systematically identifying the factors which affect consumers’ brand preferences for infant formula, which allowed us to establish a theoretical model for them. We found that product characteristics and external environmental factors could directly affect the formation of consumers’ brand preferences, or indirectly through the two intermediary factors of buyers and users. In addition, in the consumption of infant formula, buyers and users were separated, and infants, as actual users, were an important factor that could not be ignored in brand preference.

3.
IUP Journal of Accounting Research & Audit Practices ; 21(1):25-40, 2022.
Article in English | ProQuest Central | ID: covidwho-1824441

ABSTRACT

The Indian textile industry has experienced a downswing in exports, an upsurge in production costs, and low efficiency because of demonetization and Goods and Service Tax (GST) headwinds. The Covid-19 pandemic has further aggravated the situation. Though the government has taken various steps to support the sector, evaluating the financial position of a textile firm is still important as it depicts the true picture of the firm's financial status, i.e., distressed or not distressed. The sample consists of textile firms listed on the National Stock Exchange (NSE) during 2010-2020. This study predicts the financial situation of textile firms using the Altman Z-score and also the relationship between the Altman Z-score and the market value of firms in India's textile sector using panel regression model. The findings suggest that many of the firms are distressed and the Z-score significantly impacts their market value. Further, only retained earnings to the total assets is significantly associated with the market value of firms.

4.
Agrarian Perspectives XXX. Sources of competitiveness under pandemic and environmental shocks, Proceedings of the 30th International Scientific Conference, Prague, Czech Republic ; 2021.
Article in English | CAB Abstracts | ID: covidwho-1824373

ABSTRACT

The article discusses the state of agriculture in the context of a pandemic, as well as factors that influenced the strengthening of the competitive advantages of the industry. The study compared indicators and factors of agricultural competitiveness in 2020 in comparison with the previous period. The analysis showed that agriculture was less affected by restrictions due to the coronavirus than other sectors of the economy, therefore, the main trends in production and the formation of gross value added remained during the pandemic. The study noted that a 3.5% decrease in real money income of the population in 2020 affected the purchasing power of income and the structure of consumption of certain types of food, which could lead to a redistribution of production resources. The article notes the impact of the devaluation of the national currency, which contributed to the rise in the cost of imported food and the strengthening of the competitive advantage of domestic producers in the domestic market and the export of agricultural products. As a result, despite many negative trends, Russian agriculture has demonstrated high stability and positive dynamics of development, strengthening its position in the world market. Positive factors were inelastic demand for food and significant government support, favorable weather conditions, which contributed to agricultural production and an increase in export volumes. As the analysis has shown, the competitive advantages of the industry manifested themselves not only in comparison with other types of economic activity, but also in strengthening the country's position in the world food market, where the country is becoming one of the leading exporters.

5.
International Journal of Agricultural Extension ; 9(3):409-416, 2021.
Article in English | CAB Abstracts | ID: covidwho-1791293

ABSTRACT

This study underscores the impact of the Covid-19 outbreak on the agriculture sector and highlights some sound practices to promote agriculture growth, which is essential amid Covid-19. The primary aim of this research is to add the knowledge already available on the topic and sustain the agriculture growth amid of Covid-19 outbreak. The study revolves around its twin research question;what are the challenges to the agriculture sector amid Covid-19 and how challenges may transmute into opportunities? The qualitative methodology is used with content analysis technique to collect the data collection. Content available in diverse formats related to neighbouring characteristics of the impact of the Covid-19 outbreak on agriculture. The results of this document enable us to wrap up the purpose of the research. There is a need to improve, promote and digitalize the agriculture sector in all dimensions, that can face and overcome the challenges, which are profound due to enforcement of lockdown after the Covid-19 outbreak. Government policy/role is an important factor to develop any type of strategy or development in this sector, especially in the value addition process. The local government can sustain local food commodities in domestic markets that will directly motivate farmers to focus on their production. No doubt, Covid-19 ascertains so many challenges for every business but the right strategy at right time transform challenges into opportunities. Strategy refers to some interests and priorities from the government side to promote the agriculture sector. This is the need of the time and essential for agriculturalists to stay in business.

6.
Business Inform ; 10:240-246, 2021.
Article in Ukrainian | CAB Abstracts | ID: covidwho-1727413

ABSTRACT

Intensification of globalization processes and transition of economically developed countries to the post-industrial stage of development determine the modern vector of structural and institutional transformation of the domestic market as a whole and trade in particular. The article is aimed at estimating the determinants of the development of domestic trade in Ukraine. The indicators of internal trade development are analyzed. The regional structure of retail turnover of Ukraine is provided. The risks and threats of foreign trade liberalization for domestic producers are characterized. The share of imported food and non-food products sold through the trade network of enterprises is computed. The commodity structure of imports by wide economic categories is provided. The risks of growing import dependence of the Ukrainian economy in terms of goods for final and intermediate consumption are identified. It is substantiated that one of the important vectors of improving the efficiency of the national economy is structural changes in the sphere of domestic trade. The prospects for the development of domestic trade in Ukraine are generalized, including those caused by the impact of the COVID-19 pandemic. It is argued that the coronavirus crisis is one of the key challenges for business in modern conditions, covering all its aspects - from sectoral to global supply chains. The priority of digital transformation of enterprises in order to protect their own position from high technologies of competitors and the opportunity to take advantage of greater functionality of digital business models with their adaptability and performance is determined. It is substantiated that the processes of globalization in the context of the coronavirus crisis have slowed down, which can lead to significant changes in the structure of the market, affect the distribution of online and offline trading. The prospect of further research in this direction is the forecasting of challenges and threats of the post-pandemic development for the domestic market of Ukraine.

7.
Aquaculture ; 550: 737818, 2022 Mar 15.
Article in English | MEDLINE | ID: covidwho-1634262

ABSTRACT

COVID-19 pandemic presents both a challenge and an opportunity to the Indian shrimp sector. With revitalizing the institutional arrangements and redirecting the focus, the Indian shrimp industry can flourish just by adapting to the needs of the local demand, even when the export prospects are uncertain. This paper takes a historical perspective of Indian shrimp farming and exports and suggests a domestic alternative/supplementary market for Indian farmed shrimp, resulting from COVID-19.

8.
The Market ; 2:32-40,112,114, 2021.
Article in English | ProQuest Central | ID: covidwho-1553198

ABSTRACT

In 2013 the Chinese Government introduced the 'One Belt One Road' strategy. This nationwide strategy was aimed at encouraging Chinese businesses to export globally. China's dairy products and its aspirations to fulfil the One Belt One Road strategy, were hindered due to serious food standards breaches and, in consequence, waning international confidence. This paper examines China's dairy industry strategy for export and identifies key initiatives, historical blocks and what steps are being taken to reinforce and encourage the export of its dairy products. The paper looks at 15 representative food producers, a cross-section of the 15,000 members of the Inner Mongolian Food Federation. These representatives were interviewed, using semi-structured interview questions via thematic analysis. The results reveal that many organisations operate without a recognised international certified food standard and, whilst wanting to export their produce, have mainly focused on their domestic markets. The paper concludes with commercial recommendations to stay local or go global.

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