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Jagotra, Shukrant
- Enabling Sustainable Road Transportation through Electric Vehicles:Implications for Governments and Buyers
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1 School of Management Studies, Punjabi University, Patiala, Punjab, IN
2 Dev Samaj College for Women, Chandigarh, IN
1 School of Management Studies, Punjabi University, Patiala, Punjab, IN
2 Dev Samaj College for Women, Chandigarh, IN
Source
Indian Journal of Sustainable Development, Vol 3, No 2 (2017), Pagination: 11-17Abstract
The study discusses the role of Governments and Buyers to enable sustainable road transportation by facilitating mass adoption of electric vehicles (EVs). EV sales have witnessed strong growth in the last few years to reach 753,000 units in new registrations in 2016 (compared to just 48,000 in 2011). Although EVs possess several social, operational and environment benefits, the study reviews existing literature to highlight certain attitudinal and socio-technical barriers including low range and less matured charging infrastructure along with others. To expedite EVs penetration, the study explores certain practical considerations for Governments as well as current and prospective Buyers. The considerations listed in the study holds implications for Buyers and Governments to limit certain attitudinal, economic and technical barriers thererby accelerating EVs adoption.Keywords
Sustainable Transportation, Electric Vehicles, Strategy, Drivers, Barriers, Considerations.References
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- Hannan, M. A., Azidin, F. A., & Mohamed. A. (2014). Hybrid electric vehicles and their challenges: A review. Renewable and Sustainable Energy Reviews, 29, 135-150. DOI: 10.1016/j.rser.2013.08.097
- Hao, H., Cheng, X., Liu, Z., Zhao, F. (2017). Electric vehicles for greenhouse gas reduction in China: A cost-effectiveness analysis. Transportation Research Part D: Transport and Environment, 56, 68-84. DOI: 10.1016/j.trd.2017.07.025
- Hardman, S., Chandan, A., Tal, G., & Turrentine, T. (2017). The effectiveness of financial purchase incentives for battery electric vehicles: A review of the evidence. Renewable and Sustainable Energy Reviews, 80, 1100-1111. DOI: 10.1016/j.rser.2017.05.255
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- Knupfer, S. M., Hensley, R., Hertzke, P., & Schaufuss, P. (2017, February 28). Electrifying insights: How automakers can drive electrified vehicle sales and profitability. Retrieved from http://www.mckinsey.com/industries/automotive-and-assembly/our-insights/electrifying-insights-how-automakers-can-drive-electrified-vehicle-sales-and-profitability
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- MacDonald, J. (2016, February 25). Electric vehicles to be 35% of global new car sales by 2040. Retrieved from https://about.bnef.com/blog/electric-vehicles-to-be-35-of-global-new-car-sales-by-2040/
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- Notice on Adjusting the Policy of Financial Subsidy for Promoting and Applying New Energy Vehicles. (29 December 2016). Retrieved from http://jjs.mof.gov.cn/zhengwuxinxi/tongzhigonggao/201612/t20161229_2508628.html
- Overcoming Barriers to Electric-Vehicle Deployment: Interim Report (2014, January 2). Retrieved from http://gabrielse.physics.harvard.edu/gabrielse/papers/2013/OvercomingBarriers ToElectric Vehicle Deployment.pdf
- Poullikkas, A. (2015). Sustainable options for electric vehicle technologies. Renewable and Sustainable Energy Reviews, 41, 1277-1287. DOI: 10.1016/j.rser.2014.09.016
- Randall, T. (2016, February 25). Here’s How Electric Cars Will Cause the Next Oil Crisis. Retrieved from https://www.bloomberg.com/features/2016-ev-oil-crisis/
- Tseng, H. K., Wu, J. S., & Liu, X. (2013). Affordability of electric vehicles for a sustainable transport system: An economic and environmental analysis. Energy Policy, 61, 441-447. DOI: 10.1016/j.enpol.2013.06.026
- Wang, N., Pan, H., & Zheng, W. (2017). Assessment of the incentives on electric vehicle promotion in China. Transportation Research Part A: Policy and Practice, 101, 177-189. DOI: 10.1016/j.tra.2017.04.037
- Identifying Financial & Operating Issues and Measuring Systematic & Unsystematic Risks:A Study of Indian Banking Sector
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Authors
Affiliations
1 School of Management Studies, Punjabi University, Patiala, Punjab, IN
1 School of Management Studies, Punjabi University, Patiala, Punjab, IN
Source
International Journal of Banking, Risk and Insurance, Vol 6, No 2 (2018), Pagination: 46-53Abstract
The Indian banking sector has acted as a crucial determinant in shaping the current Indian economy. The research paper attempts to identify certain financial and operating issues prevailing in the Indian banking sector. These issues include rise in cyber-attacks, money laundering cases, non-performing assets of public sector banks, inability to implement Basel III due to weak capital position, and challenges in financial inclusion along with low profitability of public sector banks about their massive asset base. The research paper also measures the volatility, risk (comprising systematic and unsystematic) associated with 10 banks that are constituents of the S&P BSE banking index (BANKEX) based on their daily returns.Keywords
Banking, Beta, Issues, Risk, Systematic Risk, Unsystematic Risk, Volatility.References
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- Co-integration among Stock Prices and Macroeconomic Variables in India–A Banking Sector Perspective
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Authors
Affiliations
1 School of Management Studies, Punjabi University, Patiala, Punjab, IN
1 School of Management Studies, Punjabi University, Patiala, Punjab, IN
Source
Journal of Commerce and Accounting Research, Vol 8, No 2 (2019), Pagination: 1-8Abstract
The study attempts to establish the relationship between banking stock prices in India (S&P BSE BANKEX) and macroeconomic variables namely index of inflation, foreign exchange rate, industrial production, interest rate and money supply over the period of 9 years from April 2009 to March 2018. The study applies unit ischolar_main tests and finds all variables to be non-stationary at level but integrated of the first order. It then employs Johansen’s co-integration test in order to estimate the presence and number of co-integrating vectors and vector error correction model (VECM) to identify relationships. While the study finds that macroeconomic variables are co-integrated with banking stocks in India, short-run dynamics to establish equilibrium were absent among them. It is observed that banking stocks relates positively to industrial growth and negatively to money supply. While banking stock prices were positively linked with inflation & foreign exchange rate and negatively linked with interest rates, their relationship was not statistically significant.Keywords
Stock Prices, Macroeconomic Variables, Unit-Root Tests, Johansen’s Co-integration, VECM.References
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