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Umer Zaman holds a doctoral degree in Management Sciences (specialization in Leadership and HR). He is currently working as an Assistant Professor at the Endicott College of International Studies, Woosong University, Daejeon, Republic of Korea. His research interests include project management, leadership, human resources management and conflict resolution. Dr. Zaman has recently published in top-tier journals in project management, besides other SSCI publications in the area of leadership and high-performance work systems. He has extensive experience working in action-based research projects (country peer reviews and mutual assessments) under various international/regional institutions and donor agencies including the UNODC (Vienna) and ADB-OECD. He has chaired various academic research conferences at national and international level. Dr.Zaman also served as a reviewer for the Journal of Retailing and Consumer Services, as well as the South Asian Journal of Management Sciences.
This study investigates the linkage between tourism development, technological innovation, urbanization and environmental degradation across 30 provinces of China. Based on data from 2001 to 2018, the study used an advanced economic methodology for the long-run estimate, the Augmented Mean Group (AMG) estimator, which accounts for heterogeneity in slope parameters and dependencies across countries. The empirical results show that tourism development degrades environmental quality, while technological innovation mitigates carbon emissions. Further, findings show that urbanization increases carbon emissions, while an inverted U-shaped relationship exists between economic growth and environmental degradation, implying the existence of EKC in China. Further, the Dumitrescu–Hurlin panel causality test shows that any policy aimed at tourism development or technological innovation would substantially contribute to environmental degradation, but not the other way round.
Zhang Chenghu; Muhammad Arif; Khurram Shehzad; Mahmood Ahmad; Judit Oláh. Modeling the Dynamic Linkage between Tourism Development, Technological Innovation, Urbanization and Environmental Quality: Provincial Data Analysis of China. International Journal of Environmental Research and Public Health 2021, 18, 8456 .
AMA StyleZhang Chenghu, Muhammad Arif, Khurram Shehzad, Mahmood Ahmad, Judit Oláh. Modeling the Dynamic Linkage between Tourism Development, Technological Innovation, Urbanization and Environmental Quality: Provincial Data Analysis of China. International Journal of Environmental Research and Public Health. 2021; 18 (16):8456.
Chicago/Turabian StyleZhang Chenghu; Muhammad Arif; Khurram Shehzad; Mahmood Ahmad; Judit Oláh. 2021. "Modeling the Dynamic Linkage between Tourism Development, Technological Innovation, Urbanization and Environmental Quality: Provincial Data Analysis of China." International Journal of Environmental Research and Public Health 18, no. 16: 8456.
The Belt and Road Initiative removes regional barriers and brings communities closer together. In addition, ICT and financial innovation have helped transform the world into a big village and promoted economic growth. The study assessed the dynamic impact of ICT, economic globalization, and financial innovation on China’s economic growth. The study used quarterly data from 2000 to 2019 and used the ARDL model to determine long-term and short-term consequences. The results of the study show that ICT has a positive affiliation with economic growth in China. In addition, financial innovation has also shown a direct impact on economic growth. The study shows that China’s One Belt One Road project (economic globalization) has a great positive impact on its GDP. The consequences of the causality test discovered the significant unidirectional causality running from ICT and economic globalization (ECGI) to GDP. The study recommends mandatory policies related to ICT, financial innovation, and economic globalization to achieve long-term and sustainable development in China.
Khurram Shehzad; Umer Zaman; Ana Ercília José; Emrah Koçak; Paulo Ferreira. An Officious Impact of Financial Innovations and ICT on Economic Evolution in China: Revealing the Substantial Role of BRI. Sustainability 2021, 13, 8962 .
AMA StyleKhurram Shehzad, Umer Zaman, Ana Ercília José, Emrah Koçak, Paulo Ferreira. An Officious Impact of Financial Innovations and ICT on Economic Evolution in China: Revealing the Substantial Role of BRI. Sustainability. 2021; 13 (16):8962.
Chicago/Turabian StyleKhurram Shehzad; Umer Zaman; Ana Ercília José; Emrah Koçak; Paulo Ferreira. 2021. "An Officious Impact of Financial Innovations and ICT on Economic Evolution in China: Revealing the Substantial Role of BRI." Sustainability 13, no. 16: 8962.
The COVID-19 pandemic may have reached a turning point as the World Health Organization and the global community of nations step up plans for mass vaccination campaigns. However, the COVID-19 vaccine-related conspiracy theories (e.g., falsehoods about birth control, women infertility, surveillance, and microchip humanity, etc.) have built new momentum for vaccine hesitancy. To this end, several nations worldwide, including Pakistan, are struggling to boost public trust and enthusiasm to get vaccinated, especially in an anxious and complicated atmosphere propelled by multiple, new and the deadliest variants of COVID-19. To address this critical research gap during these intensifying conditions of vaccine hesitancy, the present study makes the first attempt to explore the potential effects of various communication strategies, including public service message (safety benefits versus fear appraisals), media types (i.e., traditional versus digital), self-efficacy, perceived benefits and threats (susceptibility and severity), on the willingness to get vaccinated for COVID-19. Importantly, the underlying effects of public skepticism (in a moderating role) on these relationships were empirically examined. Using four fictitious COVID-19 immunization campaigns in a series of experiments with 2 (media type: traditional vs. digital) X 2 (service attribute: health and safety benefits vs. fear) message frames (represented as Group one to Group four), the findings identified fear appraisal as the most viable communication strategy in combating vaccine hesitancy. Moreover, public skepticism negatively moderated the effects of media types and public service message attributes on willingness to get vaccinated in relatively high (i.e., Group two), moderate (i.e., Group one and four), and low intensities (i.e., Group three). The pioneering findings of this research offer new strategic insights for the global health authorities and vaccine promoters to proactively address the downward spiral of people’s willingness to take the COVID-19 vaccine.
Qiang Jin; Syed Raza; Muhammad Yousaf; Umer Zaman; Jenny Siang. Can Communication Strategies Combat COVID-19 Vaccine Hesitancy with Trade-Off between Public Service Messages and Public Skepticism? Experimental Evidence from Pakistan. Vaccines 2021, 9, 757 .
AMA StyleQiang Jin, Syed Raza, Muhammad Yousaf, Umer Zaman, Jenny Siang. Can Communication Strategies Combat COVID-19 Vaccine Hesitancy with Trade-Off between Public Service Messages and Public Skepticism? Experimental Evidence from Pakistan. Vaccines. 2021; 9 (7):757.
Chicago/Turabian StyleQiang Jin; Syed Raza; Muhammad Yousaf; Umer Zaman; Jenny Siang. 2021. "Can Communication Strategies Combat COVID-19 Vaccine Hesitancy with Trade-Off between Public Service Messages and Public Skepticism? Experimental Evidence from Pakistan." Vaccines 9, no. 7: 757.
The role of expat’s community has emerged as a cornerstone for branding tourism destinations. This study focused on 307 expats (across Korea and Turkey) and investigated the effects of perceived destination personality (DP) on destination brand equity (DBE), under the moderating influence of expat’s cultural intelligence (ECI). The findings empirically confirmed the significant positive effect of DP on DBE, however, the cross-country differences in DBE were significantly influenced by ECI. The study findings offer strategic directions for destination marketers to re-assess the vital role of global expats in boosting DP and DBE, especially when ECI remains superior over general tourists.
Murat Aktan; Umer Zaman; Shahid Nawaz. Examining destinations’ personality and brand equity through the lens of expats: moderating role of expat’s cultural intelligence. Asia Pacific Journal of Tourism Research 2021, 26, 849 -865.
AMA StyleMurat Aktan, Umer Zaman, Shahid Nawaz. Examining destinations’ personality and brand equity through the lens of expats: moderating role of expat’s cultural intelligence. Asia Pacific Journal of Tourism Research. 2021; 26 (8):849-865.
Chicago/Turabian StyleMurat Aktan; Umer Zaman; Shahid Nawaz. 2021. "Examining destinations’ personality and brand equity through the lens of expats: moderating role of expat’s cultural intelligence." Asia Pacific Journal of Tourism Research 26, no. 8: 849-865.
The novel coronavirus (COVID-19) has tremendously oscillated the global financial markets. Consequently, investors feel pressured to find safe-haven investments during the pandemic crisis. Numerous studies have evaluated bitcoin's safe-haven properties during the COVID-19; however, the present study considered gold as a potential safe-haven for investors of renowned stock markets of Asia, Europe, and the US. The present investigation computed the ratio of gold to bitcoin (Gold_Bitcoin) and compared the safe-haven properties of gold in contrast to bitcoin. The present study analysed the Morlet Wavelet approach and found that most of the time during the COVID-19, gold investments proved to be more beneficial than bitcoin. Remarkably, the findings highlighted that the Gold_Bitcoin ratio increased in higher and lower frequencies combined with CAC40. In the long run, the return on investments in gold increased in contrast to bitcoin returns pooled with DAX30. Also, the Gold_Bitcoin ratio of the US stock market increased during the one-week and one-month cycles of January and August. Likewise, the Hang Seng Index caused the Gold_Bitcoin ratio to rise at a much higher frequency (i.e., the second half of January, the first half of February and April, and the first half of June and August), whereas IBEX35 surged Gold_Bitcoin at a lower frequency (i.e., during January, February, and August). In higher frequency bands, LSE increased the Gold_Bitcoin ratio (i.e., in February and March); nevertheless, Gold_Bitcoin showed a positive connection with FTSEMIB in the one-to-two month's frequency band (i.e., throughout January, February, and August). Interestingly, the returns on the Gold_Bitcoin ratio increased in the SSEC stock market in the high-frequency band (i.e., during March, May, and July 2020).
Khurram Shehzad; Faik Bilgili; Umer Zaman; Emrah Kocak; Sevda Kuskaya. Is gold favourable than bitcoin during the COVID-19 outbreak? Comparative analysis through wavelet approach. Resources Policy 2021, 73, 102163 -102163.
AMA StyleKhurram Shehzad, Faik Bilgili, Umer Zaman, Emrah Kocak, Sevda Kuskaya. Is gold favourable than bitcoin during the COVID-19 outbreak? Comparative analysis through wavelet approach. Resources Policy. 2021; 73 ():102163-102163.
Chicago/Turabian StyleKhurram Shehzad; Faik Bilgili; Umer Zaman; Emrah Kocak; Sevda Kuskaya. 2021. "Is gold favourable than bitcoin during the COVID-19 outbreak? Comparative analysis through wavelet approach." Resources Policy 73, no. : 102163-102163.
Owing to the emerging challenges on global food security and the decade of controversies over genetically modified food (hereafter GMF), the present study aims to explore the effects of advertisement framing on health and environmental benefits, sources of perceived risk reduction, and domain-specific knowledge on the acceptance of GMF. The study conducted a quasi-experimental factorial 2 (advertisement message framing: health vs. environmental benefits) × 2 (expert endorsement: present vs. absent) between-subject design involving 300 adult participants from Pakistan. Using a multi-group structural equation model, the four conditions were assigned to each participant group (n = 75) to test the hypothesized relationships. The quasi-experiment results suggested that the advertisement messages (ad-framed) incorporated with the health and environmental benefits, as delineated by experts, can be a viable communication strategy in developing effortless cognitive cues towards GMF acceptance. The pioneer findings validate the significant efficacy of advertisement messages (ad-framed with expert opinions) in reducing perceived risk through augmented objective knowledge that activates the mechanism of favorable development of attitude and acceptance of GMF. The study findings offer strategic directions to policymakers, marketers, and food technologists in raising greater awareness and acceptance towards GMF products.
Syed Raza; Umer Zaman; Paulo Ferreira; Pablo Farías. An Experimental Evidence on Public Acceptance of Genetically Modified Food through Advertisement Framing on Health and Environmental Benefits, Objective Knowledge, and Risk Reduction. International Journal of Environmental Research and Public Health 2021, 18, 5264 .
AMA StyleSyed Raza, Umer Zaman, Paulo Ferreira, Pablo Farías. An Experimental Evidence on Public Acceptance of Genetically Modified Food through Advertisement Framing on Health and Environmental Benefits, Objective Knowledge, and Risk Reduction. International Journal of Environmental Research and Public Health. 2021; 18 (10):5264.
Chicago/Turabian StyleSyed Raza; Umer Zaman; Paulo Ferreira; Pablo Farías. 2021. "An Experimental Evidence on Public Acceptance of Genetically Modified Food through Advertisement Framing on Health and Environmental Benefits, Objective Knowledge, and Risk Reduction." International Journal of Environmental Research and Public Health 18, no. 10: 5264.
The development of information and communication technologies (ICT) positively contributes to economic growth; however, their environmental implications cannot be ignored. Therefore, it is imperative to investigate the impact of ICT, energy consumption, economic growth, and financial development on the air quality in Pakistan. Drawing on the data set from 1976 to 2018, we employed Nonlinear Autoregressive Distributed Lag model. The results revealed that there is a substantial presence of asymmetric cointegration between ICT and CO2 emissions. The empirical results unfold that positive shocks in ICT negatively affect CO2 emissions, implying that an increase in ICT brings a decrease in CO2 emission; negative shocks in ICT publicized a negative association with CO2 emissions, inferring that a decrease in ICT will bring an upsurge in CO2 emissions. Moreover, on the dark side, energy consumption and financial development degrade the environmental quality by increasing the CO2 emissions in Pakistan. Additionally, the existence of the Environmental Kuznets Curve hypothesis in Pakistan was confirmed. Our key findings emphasize the importance of ICT development and several environmental implications in attaining the sustainable development goal.
Khurram Shehzad; Umer Zaman; Mahmood Ahmad; Xiaoxing Liu. Asymmetric impact of information and communication technologies on environmental quality: analyzing the role of financial development and energy consumption. Environment, Development and Sustainability 2021, 1 -20.
AMA StyleKhurram Shehzad, Umer Zaman, Mahmood Ahmad, Xiaoxing Liu. Asymmetric impact of information and communication technologies on environmental quality: analyzing the role of financial development and energy consumption. Environment, Development and Sustainability. 2021; ():1-20.
Chicago/Turabian StyleKhurram Shehzad; Umer Zaman; Mahmood Ahmad; Xiaoxing Liu. 2021. "Asymmetric impact of information and communication technologies on environmental quality: analyzing the role of financial development and energy consumption." Environment, Development and Sustainability , no. : 1-20.
The present study aims to investigate how commercialisation and knowledge transfer between the SMEs of the tourism sector and the higher education institutions (HEIs) are made, as well as to find out whether the SMEs of the tourism sector are part of tourism networks, and what their motivations are. We used a qualitative methodology, applying the triangulation method to eight SMEs and one HEI. The results indicate that the commercialisation and knowledge transfer between the SMEs and the HEIs are not effective. SMEs are part of regional networks of business innovation; however, they do not participate in R&D activities with HEIs. Some suggestions were made to SMEs, HEIs, and regional governments to speed up commercialisation and knowledge transfer in the tourism sector. We adapted the Triple Helix Model to the tourism sector, thus creating the “Triple Helix in the Tourism Context”. Only a few studies have researched knowledge commercialisation in the tourism sector, a gap that this article aims to compensate.
João Lopes; Márcio Oliveira; Jorge Lopes; Umer Zaman. Networks, Innovation and Knowledge Transfer in Tourism Industry: An Empirical Study of SMEs in Portugal. Social Sciences 2021, 10, 159 .
AMA StyleJoão Lopes, Márcio Oliveira, Jorge Lopes, Umer Zaman. Networks, Innovation and Knowledge Transfer in Tourism Industry: An Empirical Study of SMEs in Portugal. Social Sciences. 2021; 10 (5):159.
Chicago/Turabian StyleJoão Lopes; Márcio Oliveira; Jorge Lopes; Umer Zaman. 2021. "Networks, Innovation and Knowledge Transfer in Tourism Industry: An Empirical Study of SMEs in Portugal." Social Sciences 10, no. 5: 159.
COVID-19 has significantly affected the financial and commodity markets. The purpose of this investigation is to understand the impact of the COVID-19 crisis on Dow Jones and West Texas Intermediate (WTI) oil returns in relation to other crises using the Exponential Generalized Autoregressive Conditional Heteroskedasticity (EGARCH) model. The results indicate that COVID-19 and the accompanying lockdown have adversely impacted both yields and that the impact on oil prices is more significant than on the Dow Jones index. The variance and squared residuals of oil prices and the Dow Jones reached their highest historical levels during the COVID-19 outbreak, even higher than during the global financial crisis, and especially the VaR of both markets reached their historical peak points during the COVID-19 era. The variance of WTI during COVID-19 is higher than that of DJI, as was also the case during the financial crisis. These findings confirm that COVID-19 has negatively impacted investors’ ability to determine optimal portfolios and thus the sustainability of financial and energy markets more than the global financial crisis of 2007–2009. We, therefore, suggest that policy changes are needed to maintain financial sustainability and help investors deal with future financial and other crises.
Khurram Shehzad; Umer Zaman; Xiaoxing Liu; Jarosław Górecki; Carlo Pugnetti. Examining the Asymmetric Impact of COVID-19 Pandemic and Global Financial Crisis on Dow Jones and Oil Price Shock. Sustainability 2021, 13, 4688 .
AMA StyleKhurram Shehzad, Umer Zaman, Xiaoxing Liu, Jarosław Górecki, Carlo Pugnetti. Examining the Asymmetric Impact of COVID-19 Pandemic and Global Financial Crisis on Dow Jones and Oil Price Shock. Sustainability. 2021; 13 (9):4688.
Chicago/Turabian StyleKhurram Shehzad; Umer Zaman; Xiaoxing Liu; Jarosław Górecki; Carlo Pugnetti. 2021. "Examining the Asymmetric Impact of COVID-19 Pandemic and Global Financial Crisis on Dow Jones and Oil Price Shock." Sustainability 13, no. 9: 4688.
China’s rapid expansion of digital financial inclusion in the last few years has dramatically augmented the accessibility and affordability of financial services, predominantly serving formerly financially excluded people, and positively contributes to higher economic growth. Despite the importance of digital financial inclusion in promoting economic growth, empirical evidence is relatively thin. Moreover, none of the studies has considered human capital in the nexus. Therefore, this study examines the impact of digital financial inclusion and human capital on China’s provincial economic growth. Unlike previous studies, this study uses the new proxy of digital financial inclusion based on breadth of coverage, depth of usage, and digitalization level. The empirical findings show that digital financial inclusion and human capital significantly affect China’s provincial economic growth. Based on this study’s findings, we recommend investment in human capital development and, at the same time, upgrading digital financial inclusion to attain higher economic growth.
Mahmood Ahmad; Abdul Majeed; Muhammad Asif Khan; Muhammad Sohaib; Khurram Shehzad. Digital financial inclusion and economic growth: provincial data analysis of China. China Economic Journal 2021, 1 -20.
AMA StyleMahmood Ahmad, Abdul Majeed, Muhammad Asif Khan, Muhammad Sohaib, Khurram Shehzad. Digital financial inclusion and economic growth: provincial data analysis of China. China Economic Journal. 2021; ():1-20.
Chicago/Turabian StyleMahmood Ahmad; Abdul Majeed; Muhammad Asif Khan; Muhammad Sohaib; Khurram Shehzad. 2021. "Digital financial inclusion and economic growth: provincial data analysis of China." China Economic Journal , no. : 1-20.
The outbreak of the COVID-19 pandemic has adversely affected all aspects of life and poses a severe threat to human health and economic development. New York City administration enacted a strict isolation decision at the end of March 2020 to tackle the COVID-19, creating a unique opportunity to assess air quality. Therefore, we investigated the impact of the lockdown on air quality in New York City. We evaluated the air pollutants concentration, i.e., PM2.5, CO, NO2, SO2, and O3, during the lockdown and compared them with pre-COVID-19. We explored the first phase of lockdown through a spatial approach, then formulated the air quality index (AQI) of each pollutant before and during the lockdown. Our findings revealed that (1) there was a significant decline in the concentration level of PM2.5 from 10.3 to 4.0 μg/m3 during phase one of lockdown. (2) NO2 concentrations have been decreased by up to 52% in 1st phase of lockdown. (3) O3 concentration has been increased by 44.4%. (4) Brooklyn, Manhattan, Queens, and Staten Island County encountered 18.75%, 55.62%, 47.14%, and 47% diminution in AQI due to lockdown as compared to 2018, respectively. Our key findings can provide critical environmental implications for policymakers, researchers, academics, and the US government.
Khurram Shehzad; Faik Bilgili; Emrah Koçak; Liu Xiaoxing; Mahmood Ahmad. COVID-19 outbreak, lockdown, and air quality: fresh insights from New York City. Environmental Science and Pollution Research 2021, 28, 41149 -41161.
AMA StyleKhurram Shehzad, Faik Bilgili, Emrah Koçak, Liu Xiaoxing, Mahmood Ahmad. COVID-19 outbreak, lockdown, and air quality: fresh insights from New York City. Environmental Science and Pollution Research. 2021; 28 (30):41149-41161.
Chicago/Turabian StyleKhurram Shehzad; Faik Bilgili; Emrah Koçak; Liu Xiaoxing; Mahmood Ahmad. 2021. "COVID-19 outbreak, lockdown, and air quality: fresh insights from New York City." Environmental Science and Pollution Research 28, no. 30: 41149-41161.
The G7 nations, despite flourishing economically, have not succeeded in ensuring environmental welfare in tandem. However, these nations cannot sustain their economic growth achievements without simultaneously safeguarding their environmental attributes. In this regard, this study aims to analyze the effects of financial globalization, urbanization, eco-innovation, and economic growth on the ecological footprints of the G7 countries. Using annual frequency data spanning from 1980 to 2016, several latest econometric methods, that are robust to handling cross-sectionally dependent panel datasets, are employed to ascertain the environmental impacts of these variables. The overall findings show that financial globalization and eco-innovation reduce the ecological footprints, while urbanization stimulates environmental degradation by boosting the ecological footprints. Besides, the relationship between economic growth and ecological footprints is found to be inverted U-shaped. Hence, the Environment Kuznets Curve hypothesis is found to hold in the case of the G7 countries. Furthermore, eco-innovation is found to exert an indirect favorable impact on the environment through the channel of urbanization. Thus, eco-innovation can be expected to facilitate sustainable urbanization in the G7 countries. In line with these crucial findings, this study recommends that the G7 countries should be more financially integrated, finance eco-innovation related projects, promote sustainable urbanization, and expedite economic growth rates through the sustainable transformation of their production and consumption processes.
Mahmood Ahmad; Ping Jiang; Muntasir Murshed; Khurram Shehzad; Rabia Akram; Lianbiao Cui; Zeeshan Khan. Modelling the dynamic linkages between eco-innovation, urbanization, economic growth and ecological footprints for G7 countries: Does financial globalization matter? Sustainable Cities and Society 2021, 70, 102881 .
AMA StyleMahmood Ahmad, Ping Jiang, Muntasir Murshed, Khurram Shehzad, Rabia Akram, Lianbiao Cui, Zeeshan Khan. Modelling the dynamic linkages between eco-innovation, urbanization, economic growth and ecological footprints for G7 countries: Does financial globalization matter? Sustainable Cities and Society. 2021; 70 ():102881.
Chicago/Turabian StyleMahmood Ahmad; Ping Jiang; Muntasir Murshed; Khurram Shehzad; Rabia Akram; Lianbiao Cui; Zeeshan Khan. 2021. "Modelling the dynamic linkages between eco-innovation, urbanization, economic growth and ecological footprints for G7 countries: Does financial globalization matter?" Sustainable Cities and Society 70, no. : 102881.
The current coronavirus (COVID-19) pandemic has a high spreading and fatality rate. To control the rapid spreading of the COVID-19 virus, the government of India imposed lockdown policies, which creates a unique opportunity to analyze the impact of lockdown on air quality in the two most populous cities of India, i.e., Delhi and Mumbai. To do this, the study employed a spatial approach to examine the concentration of seven criteria pollutants, i.e., PM2.5, PM10, NH3, CO, NO2, O3, and SO2, before, during, and after a lockdown in Delhi and Mumbai. Overall, around 42%, 50%, 21%, 37%, 53%, and 41% declines in PM2.5, PM10, NH3, CO, NO2, and SO2 were observed during the lockdown period as compared to previous years. On the other hand, a 2% increase in O3 concentration was observed. However, the study analyzed the National Air Quality Index (NAQI) for Delhi and Mumbai and found that lockdown does not improve the air quality in the long term period. Our key findings provide essential information to the cities' administration to develop rules and regulations to enhance air quality.
Khurram Shehzad; Liu Xiaoxing; Mahmood Ahmad; Abdul Majeed; Farheen Tariq; Salman Wahab. Does air pollution upsurge in megacities after Covid-19 lockdown? A spatial approach. Environmental Research 2021, 197, 111052 -111052.
AMA StyleKhurram Shehzad, Liu Xiaoxing, Mahmood Ahmad, Abdul Majeed, Farheen Tariq, Salman Wahab. Does air pollution upsurge in megacities after Covid-19 lockdown? A spatial approach. Environmental Research. 2021; 197 ():111052-111052.
Chicago/Turabian StyleKhurram Shehzad; Liu Xiaoxing; Mahmood Ahmad; Abdul Majeed; Farheen Tariq; Salman Wahab. 2021. "Does air pollution upsurge in megacities after Covid-19 lockdown? A spatial approach." Environmental Research 197, no. : 111052-111052.
Novel Coronavirus (COVID-19) has prominently exaggerated the stock markets of the world. It has distraught the financial and economic constancy of the globe. The study scrutinized the non-linear behavior of well-known Chinese and Pakistani stock markets, i.e. the Shanghai Composite Index (SSEC) and the Karachi Stock Exchange (KSE-100 index). The analysis utilized the VAR-DCC-MEGARCH model to determine the returns transmission and volatility spillover pattern of these markets during the standard and COVID-19 era. These results inveterate, during normal circumstances, returns generated in the financial markets of Pakistan expressively control the return movements of SSEC. However, control of Chinese stock markets on Pakistan's stock markets in terms of returns remained insignificant. The research evaluated that volatility spillover between the KSE-100 index and SSEC was insignificant during the stable periods. Nonetheless, the statistics of volatility spillovers during the pandemic era confirmed that instability in the SSEC portentously upsurges the uncertainty of the KSE-100 index. Besides, the study reported a significant leverage effect for both markets during the pandemic era. The study revealed that SSEC is the best resort for Pakistani investors to diversify financial risk.
Khurram Shehzad; Liu Xiaoxing; Hayfa Kazouz; Daniel Balsalobre-Lorente; Ayoub Zeraibi; Abdul Rauf. An asymmetric spillover between China and Pakistan’ stock markets: a comparative analysis before and during COVID-19 crisis. Journal of Sustainable Finance & Investment 2021, 1 -20.
AMA StyleKhurram Shehzad, Liu Xiaoxing, Hayfa Kazouz, Daniel Balsalobre-Lorente, Ayoub Zeraibi, Abdul Rauf. An asymmetric spillover between China and Pakistan’ stock markets: a comparative analysis before and during COVID-19 crisis. Journal of Sustainable Finance & Investment. 2021; ():1-20.
Chicago/Turabian StyleKhurram Shehzad; Liu Xiaoxing; Hayfa Kazouz; Daniel Balsalobre-Lorente; Ayoub Zeraibi; Abdul Rauf. 2021. "An asymmetric spillover between China and Pakistan’ stock markets: a comparative analysis before and during COVID-19 crisis." Journal of Sustainable Finance & Investment , no. : 1-20.
This study investigates the role of Information and Communication Technologies (ICT) investment and diffusion on Pakistan’s economic growth by proposing the threshold level of ICT investment. At our proposed level, the ICT imports significantly enhance the intermediate inputs to capital goods, ultimately enhancing economic growth. For this empirical investigation, we use the maximum available data on technological innovation and investment, ranging from 2003 to 2018. Incorporating the structural breaks, the results of regression analysis reveal that Pakistan’s economic growth is unaffected by ICT development. However, we observe the mixed shreds of evidence on the ICT investment. Following existing literature, we use ICT goods exports and imports as a proxy for ICT investment. Interestingly, the economic growth of Pakistan is again unaffected by the ICT goods exports. However, we observe that a one percent increase in ICT goods imports enhances economic growth by 1.73 percent. Then, we extend this analysis to the threshold approach, which reveals that ICT imports affect the overall economic growth when the ICT goods imports reach the level of 4.13 percent of the total imports. At this threshold, the ICT goods import significantly enhances the intermediate input to the capital goods, leading to higher economic growth. Therefore, the policymakers should ensure that the ICT goods import must be greater than the 4.13 percent of Pakistani imports.
Habib Rahman; Ghulam Ali; Umer Zaman; Carlo Pugnetti. Role of ICT Investment and Diffusion in the Economic Growth: A Threshold Approach for the Empirical Evidence from Pakistan. International Journal of Financial Studies 2021, 9, 14 .
AMA StyleHabib Rahman, Ghulam Ali, Umer Zaman, Carlo Pugnetti. Role of ICT Investment and Diffusion in the Economic Growth: A Threshold Approach for the Empirical Evidence from Pakistan. International Journal of Financial Studies. 2021; 9 (1):14.
Chicago/Turabian StyleHabib Rahman; Ghulam Ali; Umer Zaman; Carlo Pugnetti. 2021. "Role of ICT Investment and Diffusion in the Economic Growth: A Threshold Approach for the Empirical Evidence from Pakistan." International Journal of Financial Studies 9, no. 1: 14.
This investigation utilized the Non-Linear Autoregressive Distributed Lag (NARDL) approach to ascertain the non-linear influence of FDI and ICT on CO2 emission in Pakistan. Moreover, the examination revealed the impact of population, trade, and import and production of ICT on Pakistan's environmental quality. The findings of the inspection specified that negative (positive) shocks in ICT use upsurge (diminution) the level of CO2 emanation. In addition, positive shocks in FDI expressively escalate CO2 emission. However, adverse shocks indicated inconsequential sway on CO2 emission. The study identified that the production of ICT instruments at the domestic level improves environmental quality than importing from other nations. Further, the population exposed direct rapport with CO2 emission; while, the coefficient of trade disclosed a negative effect on CO2 emission in Pakistan. The investigation evaluated the Environmental Kuznets Curve (EKC) hypothesis and found that economic growth has a U-shaped liaison with CO2 emission, inferring that the EKC hypothesis imperatively exists in Pakistan. The investigation suggested that the government of Pakistan should facilitate the general public to use smart electrical devices. Moreover, the Government of Pakistan should provide opportunities for ICT based international companies to install their production units in Pakistan.
Khurram Shehzad; Liu Xiaoxing; Muddassar Sarfraz. Envisaging the asymmetrical association among FDI, ICT, and climate change: a case from developing country. Carbon Management 2021, 12, 123 -137.
AMA StyleKhurram Shehzad, Liu Xiaoxing, Muddassar Sarfraz. Envisaging the asymmetrical association among FDI, ICT, and climate change: a case from developing country. Carbon Management. 2021; 12 (2):123-137.
Chicago/Turabian StyleKhurram Shehzad; Liu Xiaoxing; Muddassar Sarfraz. 2021. "Envisaging the asymmetrical association among FDI, ICT, and climate change: a case from developing country." Carbon Management 12, no. 2: 123-137.
Due to the novel coronavirus pandemic (COVID-19), the lockdown engendered has had a vicious impact on the global economy. This analysis’ prime intention is to evaluate the impact of the United States’ economic and health crisis as a result of COVID-19 on its financial stability. Additionally, the investigation analyzed the spillover impact of the worldwide economic slowdown experienced by COVID-19 on the United States’ financial volatility. The study applied an autoregressive distributed lag (ARDL) model and discovered that the economic and health crises that occurred in the United States portentously upset the future expectations of its investors. Conspicuously, the health crisis in Spain and Italy were ominous spillovers of the United States’ financial instability in the short-run. Likewise, an economic crisis ensued in the United Kingdom because of COVID-19 causing spillover for the United States markets’ financial instability. The examination evaluated that Asian and African nations’ economic crises perilously affects the United States’ financial stability. The study determined that financial instability occurred in the United States due to its own economic and health crises persisted for a longer period than financial disequilibrium that occurred in other nations. The analysis suggested some strategies of smart lockdown that the government of the United States and other nations should follow to restart the economic cycle through tighter controls to minimize losses by following the steps of (a) preparing a lockdown checklist, (b) monitoring completion of lockdown tasks, and (c) complete a close-down stock take or count.
Khurram Shehzad; Liu Xiaoxing; Faik Bilgili; Emrah Koçak. COVID-19 and Spillover Effect of Global Economic Crisis on the United States’ Financial Stability. Frontiers in Psychology 2021, 12, 632175 .
AMA StyleKhurram Shehzad, Liu Xiaoxing, Faik Bilgili, Emrah Koçak. COVID-19 and Spillover Effect of Global Economic Crisis on the United States’ Financial Stability. Frontiers in Psychology. 2021; 12 ():632175.
Chicago/Turabian StyleKhurram Shehzad; Liu Xiaoxing; Faik Bilgili; Emrah Koçak. 2021. "COVID-19 and Spillover Effect of Global Economic Crisis on the United States’ Financial Stability." Frontiers in Psychology 12, no. : 632175.
Tourism development at any destination is inextricably linked to the resident's supportive behavior, especially in times of destination crisis, recovery and anti-tourism movements. Given the heightened importance of resident's perspectives and increasing competition to attract foreign tourists, the present study examines the impact of residents' cultural intelligence, place image and foreign tourist attractiveness on the support for tourism development. The conceptualized model was examined using partial least squares structural equation modeling with 664 residents' responses in Cappadocia, a designated UNESCO World Heritage site in Turkey. Interestingly, the study validates significant mediating-moderating effects, as foreign tourist attractiveness fully mediates residents' cultural intelligence and support for tourism development, whereas resident's place image negatively moderates foreign tourist attractiveness and support for tourism development. Considering the limited insights on residents' cultural intelligence and foreign tourist attractiveness, the present study advances the established theory on tourist-resident interaction and the support for tourism development. Besides new findings on resident's place image (through its negative interaction), the study also sets strategic directions for tourism planners and destination marketers to ensure resident's support for tourism development.
Umer Zaman; Murat Aktan. Examining residents’ cultural intelligence, place image and foreign tourist attractiveness: A mediated-moderation model of support for tourism development in Cappadocia (Turkey). Journal of Hospitality and Tourism Management 2021, 46, 393 -404.
AMA StyleUmer Zaman, Murat Aktan. Examining residents’ cultural intelligence, place image and foreign tourist attractiveness: A mediated-moderation model of support for tourism development in Cappadocia (Turkey). Journal of Hospitality and Tourism Management. 2021; 46 ():393-404.
Chicago/Turabian StyleUmer Zaman; Murat Aktan. 2021. "Examining residents’ cultural intelligence, place image and foreign tourist attractiveness: A mediated-moderation model of support for tourism development in Cappadocia (Turkey)." Journal of Hospitality and Tourism Management 46, no. : 393-404.
This paper examines the effect of energy consumption, globalization, and economic growth on the CO2 emission of the BRICS (Brazil, Russian Federation, India, China and South Africa) region. Using annual data from 1989 to 2019, this research applies a panel cointegration approach. In this framework, we use Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) methods to examine the long-run relationship between the selected variables. This empirical investigation reveals that there is a long-run association between these variables, and energy consumption positively and significantly affects the carbon emission in these countries. These results indicate that energy consumption is the primary source of environmental degradation in the region. In contrast, the globalization (KOF Index of Globalization) negatively and significantly affects the carbon emission, implying the improvement of environmental quality. Further, this research could not find the presence of environmental Kuznets curve in the region. Policy guidelines are suggested in the line of findings.
Habib Rahman; Umer Zaman; Jarosław Górecki. The Role of Energy Consumption, Economic Growth and Globalization in Environmental Degradation: Empirical Evidence from the BRICS Region. Sustainability 2021, 13, 1924 .
AMA StyleHabib Rahman, Umer Zaman, Jarosław Górecki. The Role of Energy Consumption, Economic Growth and Globalization in Environmental Degradation: Empirical Evidence from the BRICS Region. Sustainability. 2021; 13 (4):1924.
Chicago/Turabian StyleHabib Rahman; Umer Zaman; Jarosław Górecki. 2021. "The Role of Energy Consumption, Economic Growth and Globalization in Environmental Degradation: Empirical Evidence from the BRICS Region." Sustainability 13, no. 4: 1924.
Digital advertising has been frequently used for the promotion of e-commerce among individuals. However, little is known about the function of cultural factors that can outline the effectiveness of digital advertising practices to alter attitude and consumer behavior toward clothing brands. This research examines how norm-congruent attitudes toward digital advertising (hereafter ADA) may operate as a process variable that mediates the relationship between perception about digital advertising (hereafter PDA) and online purchase intention of fashion brands (hereafter OPI). We propose a gender egalitarianism (hereafter GE)-moderated mediation model whereby ADA mediates the relationships between PDA and OPI in two culturally diverse nations: Malaysia and Pakistan. The model was tested by using 2 (GE appeal: present vs. absent) × 2 (nation: Pakistan vs. Malaysia) × 2 (no exposure to ads/exposure to ads) experimental design with data obtained from a sample of 260. Findings show that there is a significant difference in the relationship between PDA and OPI that is mediated by the attitude in both nations. However, the mediation implication of the attitude is significantly dependent on the interaction of the GE. In this way, the study provides some practical recommendations for the marketers by highlighting the salient advertising features that may be more useful in both nations.
Syed Raza; Umer Zaman. Effect of Cultural Distinctiveness and Perception of Digital Advertising Appeals on Online Purchase Intention of Clothing Brands: Moderation of Gender Egalitarianism. Information 2021, 12, 72 .
AMA StyleSyed Raza, Umer Zaman. Effect of Cultural Distinctiveness and Perception of Digital Advertising Appeals on Online Purchase Intention of Clothing Brands: Moderation of Gender Egalitarianism. Information. 2021; 12 (2):72.
Chicago/Turabian StyleSyed Raza; Umer Zaman. 2021. "Effect of Cultural Distinctiveness and Perception of Digital Advertising Appeals on Online Purchase Intention of Clothing Brands: Moderation of Gender Egalitarianism." Information 12, no. 2: 72.