Impact of Political Risk and Uncertainty on FDI in South Asia

This study examines the potential effect of political risk and macroeconomic policy uncertainty on FDI in South Asia. To highlight the affect of political risk and macro policy uncertainty on FDI, we setup a theoretical framework based on oligopolistic and imperfect competition environment in host country. Autoregressive distributed lags (ARDL) is used to examine the impact of political risk and macro economic policy uncertainty index on FDI inflows. Macroeconomic policy uncertainty and political risk indices are constructed for this purpose. The long run results show negative affect of political risk and macroeconomic policy uncertainty indices on FDI inflows. Trade openness shows positive effect on FDI inflows only in short run while in long run it has negative impact on due lack of creditability regarding consistent trade liberalization policy and high trade cost. Furthermore, the market size significantly affects the inflow of FDI both in long run and short run which shows that FDI inflows in South Asia are mainly depend on market size. South Asian economies need to focus on political and macroeconomic factors along with FDI incentives policies to attract more FDI.     

Acceptance sampling plans for linear profiles with one-sided specifications

In this study, we propose three new sampling plans based on yield index C_puA for linear profiles with one-sided specifications, including the resubmitted sampling plan, the repetitive group sampling plan, and the multiple dependent state repetitive sampling plan. The operating characteristic functions of our proposed sampling plans are developed. The plan parameters of our proposed sampling plans are determined through nonlinear optimization. The plan parameters are reported for various combinations of acceptable quality level and limiting quality level. The three sampling plans are compared with the existing single sampling plan in terms of the average sample number. A real example is used to illustrate the applications.     

Monitoring process mean using generally weighted moving average chart for exponentially distributed characteristics

In this article, we will present a control chart using normal transformation and generally weighted moving average (GWMA) statistic when the quality characteristic follows the exponential distribution. We will develop the necessary measures to monitor the mean of the process using GWMA statistic and analyze the performance using simulation. The average run lengths for monitoring process average are given for various process shifts. The performance of the proposed chart is examined and compared with the existing control chart. The proposed control chart is effective for the monitoring of small shifts in the mean process. The application of the proposed chart is illustrated with the help of simulated data.     

On selection of a suitable prior for the posterior analysis of censored mixture of Topp Leone distribution

The paper aims to select a suitable prior for the Bayesian analysis of the two-component mixture of the Topp Leone model under doubly censored samples and left censored samples for the first component and right censored samples for the second component. The posterior analysis has been carried out under the assumption of a class of informative and noninformative priors using a couple of loss functions. The comparison among the different Bayes estimators has been made under a simulation study and a real life example. The model comparison criterion has been used to select a suitable prior for the Bayesian analysis. The hazard rate of the Topp Leone mixture model has been compared for a range of parametric values.     

A mixed control chart for monitoring failure times under accelerated hybrid censoring

In an accelerated hybrid censoring scheme several stress factors can be accelerated to make the products to respond to fail more quickly than under normal operating conditions. In such situations, the control charts available in the literature cover the attribute characteristics only to monitor the performance of the process over time. This study extends the idea by proposing an optimal mixed attribute-variable control chart for Weibull distribution under an accelerated hybrid censoring scheme keeping the advantages of both attribute and variable control charts. It first monitors the number of defectives under accelerated conditions and switches to the variable control chart to investigate the mean failure times when the process stability is dubious. The performance of the proposed chart is evaluated by using run-length characteristics, and the optimality of the design parameter is achieved by minimizing the out-of-control average run length. The simulation study depicted better performance of the proposed control chart than the traditional charts in detecting shifts in the process. A real-life application is also included.KEYWORDS: Mixed control chart, attribute chart, variable chart, Weibull distribution, accelerated hybrid censoring     

The potential role of social and familial networks in shaping the well-being of children in shelters for women survivors of intimate partner violence

Children living in households where severe intimate partner violence (IPV) exists sometimes move with their mothers to shelters for battered women. Although there is an increased interest in research exploring children's exposure to IPV, little is known about children's subjective experiences during their stay in shelters. The present study examines children's views of their disconnection from their social and familial networks during their stay in a shelter. Using qualitative methods, 32 children, ages 7–12 years, who resided in a shelter were interviewed. Thematic analysis was implemented to develop codes and themes. The following five themes emerged from the data analysis: (a) absence of grandparents, (b) worry about older siblings, (c) disconnection from the neighbourhood, (d) missing their house and (e) disconnection from previous school and classmates. Findings suggest that children's disconnection from previous formal and informal networks significantly affected their well-being. The findings are discussed and interpreted in light of selected key concepts of Bronfenbrenner's bioecological model. The limitations of this study are discussed, along with implications for future research, as well as highlights for future intervention.     

Nexus Between Globalization,Income Inequality and Human Development in Indonesian Economy: Evidence from Application of Partial and Multiple Wavelet Coherence

Social Indicators Research - This paper aims at understanding the vigorous connection between globalization, income inequality and human development in Indonesian economy. This study employs...     

Integrating welfare economics in social work curriculum: a Malaysian case

This paper makes a case for why welfare economics should be integrated and taught in social work courses, taking Malaysia a case in point. This is mainly a conceptual paper and secondary data are used to further support the arguments. Commencement of professional social work in Malaysia dates to 1946, to address the socio-economic problems of the Malaysians and migrants at that time. Social workers need a multi-pronged approach that is crucial to address the human problems that includes psychological, social, political, cultural and economic at micro and macro levels. Most of the problems referred to the social workers stem from poverty, unemployment, low access to material resources and corrupt governance practices coupled with unjust economic policies. Keeping in view the diverse economic needs and strengths of the clients referred to social workers, it is necessary that social workers are equipped with appropriate skills that include broader understanding about political economy. This paper argued that integration of welfare economics in the social work curricula is an urgent need considering the Malaysian economic development, austerity measures and the proactive role that social work as a human rights profession could play in the Malaysian society.