Search

This study explores how smart irrigation systems can be improved by introducing advanced technologies and reducing water consumption to fight climate change. This study aims to identify the factors affecting the success of smart irrigation systems based on the Internet of Things with the mediation of optimal consumption management. This is an applied research employing mixed methodologies (qualitative-quantitative). Initially, the semi-structured interviews were carried out to obtain the effective success factors of the smart irrigation system. Analysis in the qualitative section has been conducted using the Maxqda software. For the quantitative study, a 25-statement questionnaire was applied according to the selected codes obtained with a fivepoint Likert scale to validate the obtained model. The questionnaire was distributed online in January 2023, and analysis was conducted using SmartPLS3 software. The technical aspects of the questionnaire were assessed using validity and reliability criteria, which can guarantee the precision of the research findings. Construct and content validity were employed in this study to examine the questionnaire's validity. The researchers employed Cronbach's alpha coefficient to evaluate the reliability of the measurement instrument. Besides, it can be said that the research instrument has acceptable reliability because obtained Cronbach's alpha for all variables was greater than 0.70 and the questionnaire's overall alpha was determined to be 0.810. Furthermore, the t-statistics for all research hypotheses is higher than 1.96 at the 95% confidence level. In this sense, the hypotheses of the research were confirmed. The Internet of Things and will change the nature of activities and services in the market. In fact, for emerging markets, the untapped and growing investment opportunities and the economic leap against the Internet of Things are so enticing and facilitating that it is impossible to resist. and neglecting it will cause irreparable damage to agility. Therefore, the success of the Internet of Things for emerging markets depends on the preconditions of integration of activities carried out by decision-making organizations, facilitation of regulations, and communication and interaction between relevant sectors, which should be considered a priority through cross-sectoral research. [ABSTRACT FROM AUTHOR]

This paper analyzes the effects of capital inflows on domestic investment in the Economic and Monetary Union of West Africa (WAEMU). The WAEMU countries are Benin, Burkina Faso, Cote d'Ivoire, Guinea Bissau, Mali, Niger, Senegal, and Togo. Several studies have examined the conditions of attracting foreign capitals and their contributions to economic growth in sub-Saharan economies of WAEMU. However, very few studies have examined the effects of capital on domestic investment in national economies. In this respect, there are three types of foreign capital to be taken into account namely Foreign Direct Investment (FDI), Official development Assistance (ODA) and Migrants Remittances (MR). FDI, ODA and MR are major sources of external capital flows in developing countries. The current empirical study is based on the theoretical model of Agosin and Mayer (2000) to test the hypothesis of crowding-out and crowding-in of domestic investments by different types of foreign capitals considered. The econometric estimates are based on the GMM method of Arellano and Bond (1991) applied to a panel of WAEMU countries over the period 1996-2011. The results of the study show that FDI crowds-out domestic firms in both the short and long term. Similarly, ODA have a lasting crowding-out effects on local investment. As for migrants' remittances, the econometric results show that they do not have a significant effect on domestic investment in the countries of the union. These findings imply that the host countries of the WAEMU should invest more on developing their absorptive capability to attract technology transfer oriented FDI, channel the ODA to develop vital infrastructure for rapid economic development and create conducive environment for the MR to divert towards productive investments to create more crowding-in effects in lieu of the crowding-out effects. Practically, the results of this study show that multinationals have a lasting crowding-out businesses in the WAEMU region. This is mainly due to the low technological absorption capacity of local firms and the lack of complementarity between local enterprises and multinational companies. Several future research on capital flows will better appreciate the impact of foreign investment on the economies of developing countries especially those in Africa. JEL Classifications: R1.D74 Keywords: investment, crowding-out, crowding-in, WAEMU, INTRODUCTION Developing countries, particularly African countries face the problem of financing their economies, often with insufficient domestic resources Rodriguez, 2013. To overcome this deficiency and to promote long-term development, economic [...]