Search

Your search keyword '"Dutta, Meghna"' showing total 37 results
Start Over Author "Dutta, Meghna"
37 results on '"Dutta, Meghna"'

11. Can borrowing constraints enhance environmental sustainability? An alternative parametric approach.

Author

Dutta, Abhishek, Ghosh, Debarati, and Dutta, Meghna

Subjects
FINANCIAL performance, SUSTAINABILITY, EXPORT trading companies
Abstract

The paper explores how restrictions of credit affect the turning point of the non‐linear relationship between financial performance and the environmental sustainability of manufacturing firms in India. Our results are in support of the inverted U‐shaped relationship between financial performance and environmental sustainability. The study builds upon an alternative long‐run specification, which avoids the non‐linear transformations of potentially non‐stationary regressors in panel estimation and finds evidence that the higher the firm's degree of credit constraints, the lower is its financial performance at the turning point, indicating the different finance‐sustainability paths across firms due to credit frictions. We also investigate the aforementioned relationship by considering the exporting potential of the firms. [ABSTRACT FROM AUTHOR]

Published
2024
Full Text
View/download PDF

23. Role of Finance in Dixit-Stiglitz-Krugman Model of International Trade

Author

Marjit, Sugata, Dutta, Meghna, and Roy, Moushakhi

Subjects
unemployment, F16, product variety, factor mobility, ddc:330, finance, J31, trade, F20
Abstract

This paper introduces finance or credit in the Dixit-Stiglitz-Krugman (DSK) model of international trade. It identifies mechanisms by which finance can affect the main results of the conventional model. The key results are as follows. Perfect credit market does not affect number of varieties or output per variety, but it affects wage and interest rate, thus affecting income distribution. With a minimum wage and unemployment availability of credit affects number of varieties. With imperfect credit market, wealthier firms face lower cost of credit and produce greater number of varieties and given labour force less output per variety. Thus, availability of finance will determine a specific trade pattern between richer and poorer nations both with unemployment and imperfect credit market , a result in stark contrast with the conventional model with indeterminate pattern of trade.

Published
2022

Catalog

Books, media, physical & digital resources
See catalog results