Department of Economics
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Item Sustainable Development of the Agricultural Sector in lndia(Gender, environment and sustainable development, 2016) D’Souza, John XavierItem A Case Study of the Economic Impact of Mining in Goa: Perceptions of the Reserved and General Population of a Mining Dependent Locality(International Journal of Research in Social Sciences 2016 vol 6, 2016) Falleiro, SavioMining has been an important industry in Goa for years. Operations of the industry were suspended due to orders of the Hon. Supreme Court of India. Much has been documented on the positive and negative effects of mining-the same often done by extreme pro and anti mining activists. The present paper is based on a field-based study involving households of a locality substantially dependent on mining being in close proximity to mining centres. Considering that the locality has a large number of people from ‘reserved’ backgrounds, the paper attempts to find if there was any significant association between the economic issues related to mining and the SC/ST, OBC and General backgrounds of the residents. The study which makes use of chi-square analysis, lists very significant findings, including those concerning the ‘reserved’ sections of population, and involving issues related to net economic effect of mining, health problems, government assistance for SC/ST and OBC sections etc.Item An Analysis of LED Ban in Fishing Industry – Case Study of Cutbona Jetty (Goa)(ACTA SCIENTIFIC AGRICULTURE (ISSN: 2581-365X) 3.3 (2019): 04-10., 2018) Colaco, VemblyEconomics of marine fishery depends upon the profitability of the trawler fishery, a recent technological up gradation in marine fishery is the introduction of LED lights. There are various studies put forth on the usage of LED –lights, some believe that usage of LED lights can have harmful effect on the marine fish population, while some perceive to be highly good and profitable. There are several technological institutions and researchers all over the world trying to analyze the technical aspect of light fishery. Countries that use led lights have shown a considerable increase in marine fish production, for eg led lights is highly used is Japan and Korea. The following will analyze the usage of LED and the link it has to profitability. As per the results, we found that respondents opposing LED-ban earned a larger profit compared to respondents supporting the Led-Ban. Thus, it can be said that, LED fishing is one factor contributing to increase in revenue. But care should be taken, that with the desire to earn high profits in the short-run, long term consequences should not be neglected. Thus, there is a need for strong policy framework, to have a sustainable fishing in futureItem Redefining Entrepreneurship in India–Women as Their Own Bosses(SSRN 29 Oct 2018, 2018) Colaco, VemblyThe theme of the global Entrepreneurship Summit–‘Women First, Prosperity for All’, highlighted that if women do better, countries do better. According to the Women’s Financial Network, women start businesses at two times the rate of men. Traditional cultural perception perceived the roles of women to be confined within the four walls of the house, but in recent times, with economic reforms there is a transitional trend that is observed in terms of women’s participation in economic growth and women participation in business entities has been remarkable. The percentage of US adults preferring a male boss is now 23%, 10 percentage points lower than the last reading in 2014 and 43 points lower than the initial 1953 reading.Item WOMEN ENTREPRENEURSHIP IN INDIA – CHANGES AND CHALLENGES(Sahyadri journal of management Volume 2, Issue 2, December 2018, 2018) Colaco, VemblyTraditional cultural perception perceived the roles of women to be confined within the four walls of the house, but in modern times, with economic reforms there is a transitional trend that is observed in terms of women’s participation in economic growth and women participation in business entities has been remarkable. India being termed as the second largest startup ecosystem in the world is expected to grow at around 10-12percent. It is observed that 48 percent of the country’s population comprises of women, and it is impossible to think about economic growth without women as a fundamental driver. This paper therefore, emphasizes the role and challenges of women entrepreneurs, particularly in urban India. Recognition, reputation, resource regeneration are some of the advantages of women entrepreneurship besides monetary gains and financial inclusion. However any drastic changes in a cultural diverse environ like India is never easy. Perception of weakness, exploitation by middlemen etc. put barriers on the mobility and risk-taking ability of entrepreneurs in general and women in particular. Our study looks at new dimensions of entrepreneurship theoretically and empirically, the impact of changes in business environment on female entrepreneurship prospects and challenges. The paper also explores alternative policies and strategies to raise women entrepreneurs from the so called secondary status.Item A study of consumer behaviour with respect to online shopping(2018) Pires, AverylItem Sustainable agriculture and economic growth(Journal of Emerging Technologies and Innovative Research, 2019) Colaco, VemblyGlobally now, economic growth is directed towards sustainable development goals (SDGs). Agriculture being the primary economic activity can be a natural model in this regard. Agriculture – even in the high tech era – should not be at the cost of the environment. Farm and farmers lives should be nurtured and supported with ecological balance. Taking into consideration the slogan, “think globally and act locally”, we examine the philosophy and practice of sustainable agriculture in India, We also briefly touch upon Goa, a state that is finally taking agriculture seriously. The paper discusses crucial problems and critical policy imperatives for sustainable agriculture such as organic farming and other possible actions. We emphasize on the term “RUrban” to highlight how some places in Goa require a sustainable integration of rural and urban communities too. Presently the state’s agriculture in being increasingly threatened by lopsided development of other activities, chiefly, tourism. It is necessary, therefore to execute policies and programmes that are not only financially viable and technically feasible, but also ecologically sustainable. On the basis of the findings of our study we suggest an integrated farming system (micro, innovative and inclusive) approach for the state’s agricultural sectorItem A study on health insurance of hoseholds in Varca(Gyana, 2019) Mendonca, FarahItem Impact analysis of e-learning on students of higher education institutions during COVID-19: A structural equation modelling approach(Journal of Computers, Mechanical and Management, 2022) Vaz, SoniaStaff members use tried-and-true procedures when completing workplace visits, delivering services, and completing client tasks. However, the COVID-19 pandemic compelled employers to change the work styles of individual employees to ensure good communication, work-life balance, and flexibility for employees while maintaining optimal work productivity levels. In addition, the World Health Organization established social separation guidelines to combat COVID-19. Thus, the pandemic challenged the work culture and resulted in employees being quarantined in their homes. As a result of this transformation, employees were encouraged to use digital tools to facilitate work-from-home opportunities. The current study analyzes employees' psychological and productive effects of work-from home culture. It also looks for coworker bonding threatened by this transformation and suggests a way to keep it intact. Through a thorough literature review, the authors developed a comprehensive model to assess the pandemic's impact on employees' lifestyles. The conceptual model was empirically tested by applying the model to data collected from 233 employees from various backgrounds. The model result was validated using Partial Least Squares Methods-Structural Equation Modeling. The inferences highlight the factors influencing employee morale and work culture and the parameters closely related to employee functioning in the organization that should not be affected.Item Internal migration: A study of migrant fish vendors in South Goa(Rabindra bharti university journal of economics, 2023) D’Souza, John XavierItem A study of service quality in Indian public sector banks using modified SERVQUAL model(Cogent Business & Management, 2023) Vaz, SoniaAssessment of service quality has been widely utilized in the service sector, especially in the banking industry. The present study aims to understand the influence of service quality on customer loyalty in Indian public sector banks. The service quality is quantified with the help of a modified SERVQUAL model using dimensions Reliability, Assurance, Tangibles, Empathy, Responsiveness, Charges, and Convenience. Structural equation modelling (SEM) indicated that among all the dimensions, Assurance, Empathy, Responsiveness, and Tangible were found to have a significant relationship with service quality. The banks must focus on bringing in innovation in these parameters to maintain a high quality of service and achieve higher satisfaction, which subsequently develops customer trust towards the company. By bringing innovative changes to improve the service quality, the banks can also increase their competitive advantage and customer retention as service quality has a significant relationship with customer loyalty.Item Impact analysis of e-learning on students of higher education institutions during COVID-19: A structural equation modelling approach(RECENT ADVANCES IN SCIENCES, ENGINEERING, INFORMATION TECHNOLOGY & MANAGEMENT 2782.1 (2023): 020198, 2023) Vaz, SoniaClassroom-based, face-to-face interactive teaching has been a conventional system for decades in higher education. Due to the spread of COVID-19, universities were forced to halt their educational programmes. As a result of integrating technology and education, e-learning has become a vital learning medium. As e-learning becomes progressively essential in education, there has been a significant increase in e-learning courses and programmes. E-learning systems play a critical role in today’s educational landscape and must be evaluated to ensure decisive delivery, pragmatic use, and a positive impact on learners. As a result of this extensive review of the existing literature and the development of a comprehensive model, different rates of success can be linked to different factors. The Technology Acceptance Model (TAM) and the User Satisfaction Model (USM) were both used to support our findings. PLS-SEM (Partial Least Squares–Structural Equation Modelling) was used to analyze data from 352 students who were participating in an e-learning course. Using this model, the study describes how learners’ self-regulation mechanisms and attitudes, variations in temperament, and extrinsic considerations such as technical assistance, development preparation, and usability of facilities influence the perceived ease of use and perceived value of electronic learning programmesItem A study on the gender allocation of the household resources among the employed married couples in Goa(Education and Society, 2023) Colaco, VemblyItem Impact of consumer behaviour and core competency on brand attributes with respect to marketing mix(South Indian Journal of Social Science, 2023) Colaco, VemblyItem The Economic Condition of Older Adults in Goa(Arthshastra Indian Journal of Economics & Research, 2024) Falleiro, SavioItem A Cross-National Empirical Analysis of the Contribution of Fertility, Life Expectancy and Net Migration in Driving Contemporary and Future Population Ageing(Population and Economics 8(4): 64–91, 2024) Falleiro, SavioPopulation ageing is an unprecedented phenomenon witnessed by nations globally. Given contradictory findings in the literature regarding the major drivers behind this phenomenon, this study presents a robust cross-national empirical analysis of the contributions of fertility, life expectancy, and net migration to driving contemporary and future population ageing. The study addresses endogeneity and serial correlation by employing dynamic cointegrating regressions, specifically Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS), based on data extracted from the United Nations Population Division for 72 nations spanning two periods: 1960-2020 and 2020-2050. The results indicate that nations in advanced ageing transitions, primarily developed nations, experienced comparatively lower fertility rates and higher life expectancy rates than those in early stages, with fluctuations observed in net migration. A statistically significant longrun dynamic cointegrating relationship is found among the three major drivers and population ageing. Declining fertility has been the primary driver of global population ageing from 1960 to 2020, followed by increasing life expectancy and, lastly, net migration. These results remain robust across the four sub-panels of nations based on age-transition categories. Projections suggest that population ageing will persist as a reality. However, regression estimates indicate that life expectancy will surpass fertility to become the primary driver of ageing in the future. The study raises doubt about the rejuvenating role of migration as a solution to population ageing and underscores the importance of further research in this area.Item Redefining Workspaces: Young Entrepreneurs Thriving in the Metaverse’s Remote Realm(Engineering Proceedings, 2024) Vaz, SoniaThis research paper explores the intersection of the Metaverse and remote working, specifically concerning young entrepreneurs. Its primary objective is to examine the opportunities and challenges presented by the Metaverse for this demographic engaged in remote work, providing actionable insights for both practitioners and policymakers. The methodology employed involves an extensive literature review that delves into the concept of the Metaverse, its evolution, and the implications it holds for remote working. This foundational exploration is supplemented by in-depth analyses of case studies and examples, offering real-life illustrations of how young entrepreneurs leverage the Metaverse for remote work. The findings of this investigation reveal a landscape ripe with potential for young entrepreneurs operating within the Metaverse. This study highlights the benefits of enhanced collaboration, expanded global market access, and the emergence of innovative augmented and virtual reality applications. However, these opportunities are accompanied by notable challenges, including issues related to technological infrastructure readiness, security concerns, and potential societal impacts. Acknowledging the evolving nature of the Metaverse concept and potential biases in sample selection are critical research limitations. Practically, this paper translates its findings into actionable recommendations for young entrepreneurs seeking to maximize their utilization of the Metaverse for remote work. It emphasizes the importance of skill acquisition, adaptability to the changing work environment, and the implementation of robust security measures. Furthermore, it advocates for policymakers to develop supportive regulations and policies that recognize and accommodate the intricacies of virtual contracts, data protection, and cross-border collaborations. Strengthening intellectual property laws and tailoring taxation policies for this digital domain are also crucial aspects. In essence, this research contributes significantly by synthesizing the existing literature, presenting real-world examples, and offering practical insights tailored to the unique space where the Metaverse and remote work intersect. Its value lies in bridging gaps in understanding, providing actionable guidance, and contributing to the evolving discourse on this emerging field.Item Leveraging ChatGPT for Empowering MSMEs: A Paradigm Shift in Problem Solving(Engineering Proceedings, 2024) Vaz, SoniaThis paper delves into the potential of harnessing ChatGPT, an AI-driven language model, to empower micro, small, and medium enterprises (MSMEs) by revolutionising their approach to problem solving. The research aims to explore the integration of ChatGPT into MSME operations and evaluate its impact on enhancing their problem-solving efficiency. By scrutinising the literature and reviewing several case studies, a comprehensive framework emerges, detailing the utilisation of ChatGPT as a problem-solving tool for MSMEs. This involves training the model with industry-specific data and incorporating it into MSME communication channels, enabling intelligent responses to queries. The results highlight the substantial improvement in problem-solving capabilities, with the model’s real-time assistance diminishing response time, elevating accuracy, and furnishing tailored solutions to intricate challenges. However, limitations arise from the model’s reliance on existing data, potentially introducing biases. Significantly, this research offers practical implications for both MSMEs and policymakers. ChatGPT’s integration holds promise in terms of heightened efficiency, productivity, and competitiveness for MSMEs, counteracting resource constraints, and fostering growth. Policymakers can aid this transition by formulating ethical guidelines to ensure the equitable and transparent application of AI in the MSME sector. This study’s novelty lies in its focus on MSME empowerment through ChatGPT integration, bridging a research gap. Its value emanates from the actionable insights provided, offering guidance to MSMEs, policymakers, and practitioners keen on leveraging AI-driven solutions to amplify problem-solving capacities within the realm of MSMEs.