Browsing by Author "Junejo, Safiullah"

Now showing 1 - 5 of 5
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    Enhancing supply chain resilience through digital integration : a case study of Moroccan businesses
    (ZAIN Publications, 2024-01) Fatih, Fatima Zahra; Junejo, Safiullah
    This study examines Moroccan enterprises' digital transformation and supply chain resilience. To adapt to changing market situations, we examine digital integration attitudes and approaches. The results demonstrate that digital technologies are increasingly essential to corporate operations, responding strategically to market changes and strengthening supply chain resilience. This study offers a fresh perspective after the COVID-19 pandemic exposed global supply chain flaws. Digital technologies, remote supplier relationship management, and data security's rising importance in supply chain security are examined. Detailed supply contract analysis and supplier diversification are also critical. Health, safety, and operational continuity are stressed in this context, and effective staff management is essential to solving modern problems. Combining theoretical foundations with empirical investigation, this research examines digital integration and supply chain resilience. It advises Moroccan firms to enhance their defences against possible attacks. Digital transformation and strategic measures may help firms survive and thrive in today's dynamic business climate while maintaining a stable supply chain.
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    Human capital for economic development : a study of education production performance (EPP) in Khairpur
    (ZAIN Publications, 2024-02) Junejo, Safiullah; Ayaz, Maria
    The analysis of education production performance involves evaluating the inputs of faculty, teachers, and students to determine the academic achievement of students. This study aims to estimate the education production performance of both state and private higher secondary schools in Khairpur and identify the factors that affect instructional outcomes in the region. Education is crucial for development, as a highquality education system is essential for increasing people's skills, knowledge, and abilities, ultimately contributing to the growth of human capital. In a developing country like Pakistan, where policymakers face challenges such as a rapidly growing population, low levels of education, and limited resources, improving educational efficiency is critical to achieving progress. A thorough understanding of the factors that contribute to instructional success is essential in this regard. To construct the model, a cross-sectional dataset was used, and a standard least squares method was employed with annual examination results as the output variable and school inputs, student characteristics, family background, and teacher characteristics as the input variables for both private and public schools. The results of the study indicate that student characteristics, teacher qualities, and family background, except for the mother's education, career, and income, have a statistically significant impact on students' academic performance. The findings of this study have significant policy implications for Khairpur and Pakistan as a whole. Improving educational outcomes will be critical in enhancing the human capital stock, which, in turn, is essential for economic growth and improving living standards. By understanding the factors that contribute to instructional success, policymakers can devise effective strategies to address the challenges faced by the education sector and improve overall educational efficiency
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    Symmetric and asymmetric response of the renewable energy market to Indonesian economic trends
    (Universitas Islam Internasional Indonesia Press, 2024-06-29) Junejo, Safiullah; Muhammad, Mansur; Herbert Wibert Victor Hasundungan
    This study digs into the complex interplay between renewable energy market development and Indonesian economic trends. Our rigorous study aims to investigate the impact of crucial economic indicators, including gross domestic product (GDP), exchange rates, inflation, real interest rates, net inflow of foreign direct investment (FDI), and urbanisation, on the renewable energy landscape in Indonesia between 1973 and 2022. This study provides a novel insight by investigating both symmetric and asymmetric impacts in the context of Indonesia. While previous studies have limited scope with linear relationships, this study fills a gap by capturing the dynamic interplay between renewables and economic indicators. By employing a robust econometric model, we reveal interesting patterns highlighting the multidimensional nature of the renewable energy market's responses to economic trends and find that there is a long-term interplay among the variables under linear and non-linear models. We found empirical evidence indicating that the nexus is asymmetric. However, in the long term, GDP exhibits an asymmetric positive impact on renewable energy consumption in the linear model. This shows that economic growth positively correlates with Indonesia's adoption of sustainable renewable energy sources. Similarly, urbanisation shows a positive response, with expanding cities boosting demand for cleaner and greener energy. Surprisingly, exchange rates show an asymmetric response, demonstrating that depreciation of local currency has a disproportionate negative impact on renewable energy investment during economic downturns. Inflation also exhibits a negative asymmetric response due to eroding purchasing power that reduces investment in renewables. Meanwhile, net inflow of FDI emerges as a critical driver in favourable economic conditions, dramatically amplifying renewable energy capacities. Therefore, during economic recessions, FDI’s impact diminishes and emphasises the significant importance of tailored interventions. Based on the findings of this study, which demonstrate the profound interplay of how the Indonesian economy shapes and is affected by the renewable energy market, we encourage the adoption of policies that promote sustainable energy development while increasing economic resilience. We recommend that policymakers support renewable energy diversification to lessen the vulnerability of exchange rate fluctuations. Attracting FDI is also crucial, as policies can help strengthen the investment climate and bolster the renewable energy sector. Inflation-indexed incentives can help maintain confidence and foster economic growth.
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    The determinants of biodiesel price in Indonesia : a var model analysis
    (Universitas Islam Internasional Indonesia, 2023) Junejo, Safiullah; Herbert Wilbert Victor Hasudungan; Teguh Yudo Wicaksono
    As the world's largest biodiesel producer, Indonesia has undoubtedly made remarkable progress in biodiesel and gasoil fuel blending. Yet, despite the progress it makes, the country surprisingly still experiences significant volatility in biodiesel prices. This phenomenon raises a critical question about the factors driving these fluctuations, which apparently are still not adequately addressed by the existing literature. Notwithstanding, this study delves into the relationships between biodiesel prices and various potential determinants, namely crude palm oil (CPO). crude glycerin, catalyst, gasoil, methanol, and palm fatty acid distillate (PFAD). To investigate these complex relationships, the Vector Autoregressive (VAR) model was employed, given its robustness in capturing dynamic interdependencies between multiple time series. As for the data collection, the study relies on monthly data provided by Indonesia's Ministry of Energy and Mineral Resources (MEMR) and Independent Commodity Intelligence Service (I.C.I.S) from 2016 to 2022. The VAR analysis reveals the nuanced influences of these variables on biodiesel prices. Specifically, it suggests that an increase in the prices of CPO, crude glycerin, catalyst, and PFAD positively affects biodiesel prices, whilst price shocks in gasoil and methanol inversely impact biodiesel prices. These findings provide valuable insights into the intricate dynamics governing biodiesel pricing in Indonesia, highlighting the necessity for a multi-factor approach when formulating pricing strategies. Consequently, this study's results inform policy decisions and industry practices to foster price stability, drive the growth of the biodiesel sector, and facilitate Indonesia's transition towards sustainable energy.
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    The impact of fiscal policy on economic growth : fresh evidence from Malaysia
    (ZAIN Publications, 2024-02) Haidari, Adila; Junejo, Safiullah
    Many scholars have researched the connection between fiscal policy and economic growth and how fiscal policy can be a crucial factor for economic development and growth. Despite this, it still remains a critical debate amongst policymakers and scholars. Thus, this study fills the gap by analyzing the impact of fiscal policy on economic growth in Malaysia spanning 1990 to 2022. The secondary data from World Bank Indicators (WDI) is collected. This study examines the impact of fiscal policy (government expenditure) on Malaysia's economic growth by adding more macro factors such as unemployment, tax revenue, and inflation. This study employs the Autoregressive distributed lag (ARDL) model to examine the long-run correlation to meet this objective. Furthermore, various econometric models are employed, including the ARDL bound test and the error correction model (ECM), to check the relationship between the variables. Based on empirical results and findings, the study suggests that there is a strong relationship between GDP and expenditure, unemployment, tax revenue and inflation since the probability value is less than significant in the short-term relationship with constant and unrestricted constant form. Additionally, with the ARDL Model boundary test, government expenditure, unemployment, tax revenue, and inflation have a long-term relationship with GDP in Malaysia, where the F-statistic value is smaller than the lower boundary. Moreover, the Error correction method with restricted constant suggests a long-term link between the expenditure and GDP. Notwithstanding the results, fiscal policymakers must carefully evaluate the efficacy of government expenditure allocation to ensure that it is consistent with the longterm economic growth goals. The potential limitation of this study is its dependency on secondary data from the World Bank Indicators (WDI), which may not capture all relevant nuances of Malaysian fiscal policy and economic dynamics.