nep-cwa New Economics Papers
on Central and Western Asia
Issue of 2007‒08‒18
four papers chosen by
Nurdilek Hacialioglu
Open University

  1. Why don’t Small and Medium Enterprises Innovate More: Creating a Cooperative Learning Environment at Individual, Firm and Regional Level By Gupta Anil K.
  2. Is India better o¤ today than 15 years ago ? A robust multidimensional answer By Nicolas Gravel; Abhiroop Mukhopadhyayz
  3. Comprehensive Analysis of Exclusive Brand Store Customer in Indian Market By Kureshi Sonal; Sood Vandana; Koshy Abraham
  4. Business Expectations for a Common Currency in the Arabian Gulf By Rutledge, Emilie

  1. By: Gupta Anil K.
    Abstract: One would expect, that a large number of innovations linked to cycle, a common person’s means of transport, would be of great interest to the cycle industry. But, if the leaders of cycle industry do not evince much interest, there must be some serious reasons. It seems that if a company can manage growth with existing product range, why should it try to provide additional features or conveniences to the client. Indian small and medium scale industry appears to suffer from this limitation. I propose that cooperative model of learning is evolved to make each enterprise more competitive. Thus, cooperation in learning space and sometimes in market space may make Indian industry more competitive globally. There is a brief reference to the potential of intellectual property rights database as a source of learning. Why even in crops like psyllium, Indians have hardly five out of 878 patents is an issue that needs careful attention. Incidentally, psyllium is grown only in India.
    Date: 2007–08–08
    URL: http://d.repec.org/n?u=RePEc:iim:iimawp:2007-08-03&r=cwa
  2. By: Nicolas Gravel (Centre de Sciences Humaines, Delhi & IDEP-GREQAM); Abhiroop Mukhopadhyayz (Indian Statistical Institute)
    Abstract: This paper provides a robust normative evaluation of the spectac- ular growth episode that India has experienced in the last 15 years. Speci…cally, the paper compares the evolution, between 1988, 1996 and 2001 of the distribution of several important individual attributes on the basis of ethically robust dominance criteria. The individual at- tributes considered are real consumptions (measured at the individual level), literacy rate, infant mortality and violent crime rates (all mea- sured at the district levels). District level variables are interpreted as (local) public goods which, along with consumption, are assumed to contribute to individual well-being. The robust criteria used are gen- eralizations, to more than two attributes, of the …rst and second order dominance criteria of Atkinson and Bourguignon (1982) and are known to correspond to the unanimity of utilitarian value judgements taken over a specific class of individual utility functions. The main result of the empirical analysis is that all utilitarian rankings of distributions of the four attributes who assume that individual utility functions satisfy the assumptions of second order dominance aggree that India is better o¤ in 2002 than in 1996. Furthermore, if one removes crime from the list of attributes, the dominance is shown to apply steadily over the whole period and to be of first order on the period 1988-1996.
    Keywords: Poverty, welfare, Dominance, Multidimensional, Development, local public goods
    JEL: D31 D63 H4 I12 I2 I31 I32 I38 N35 O18
    Date: 2007–01
    URL: http://d.repec.org/n?u=RePEc:iep:wpidep:0704&r=cwa
  3. By: Kureshi Sonal; Sood Vandana; Koshy Abraham
    Abstract: Segmentation classifies customers into groups which enables the retailers identify their target segment and provide the desired value. This paper is an attempt to group the customers and generate a profile of the revenue generating customer by identifying significant differences across lifestyle, demographic variables and information search. For this study, a scale for measuring the attitude, interest and opinion (AIO) for profiling the consumers of a single brand store is, specifically developed and tested for reliability. Implications for retailers are drawn and future research directions are indicated. Significant differences were found between different groups on their attitude, interest and opinion dimensions. The purposive and the purposive patrons were far more appearance conscious than the browsers. There was substantial difference in the product and quality expectations between browser and the purposive customers. The purposive and purposive patrons wanted to remain slim only for the sake of appearance and looks. So far, little work has been done towards segmenting the Indian consumer in the context of retailing which is available in the public domain. The results of this study have direct managerial implications. It would be helpful in planning and formulating the retailing mix. A detailed profile of their revenue generating customers would be useful for the conversion of footfall to sales by customizing its offerings.
    Date: 2007–08–07
    URL: http://d.repec.org/n?u=RePEc:iim:iimawp:2007-08-02&r=cwa
  4. By: Rutledge, Emilie
    Abstract: Purpose – As the 2010 launch date for a common currency in the Arabian Gulf approaches, one important aspect policymakers should consider is the impact of the change of monetary system on private sector businesses. The purpose of this paper is to provide primary evidence on business attitudes towards, and preparedness for, the proposed Gulf single currency. Design/Methodology/approach – Prior to the launch of the EMU surveys assessed European business expectations and preparedness for the euro. This is the first GCC wide business survey designed to ascertain the opinions of businesses regarding the proposed Gulf currency union. Findings - Overall, businesses are in favour of the currency union and expect it to have a positive impact, but they consider non-monetary factors to be more significant to their future growth. Nevertheless, not one respondent was actively preparing for the single currency. This may very well be because regional institutions have yet to provide any business-centric information regarding the planned currency union. The paper contends that if participating governments do not soon start making policy orientated preparations – not least assisting businesses to prepare – then the existing positive sentiment may erode. Research Implications/Limitations – This study provides evidence on the microeconomic implications of a Gulf currency union and its potential impact on the business community. Practical Implications – In order to ensure a smooth transition to the single currency regional policymakers must move towards meeting a credible timetable for currency union and take immediate steps to inform and assist businesses in preparing for it.
    Keywords: Business survey; economic and monetary integration; single currency; monetary union; Gulf Cooperation Council states
    JEL: F15 E52 M20 O53
    Date: 2007–04
    URL: http://d.repec.org/n?u=RePEc:pra:mprapa:4453&r=cwa

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