Do service sectors need core sectors to improve their productivity?

Kazekami, Sachiko

doi:10.1007/s40822-017-0073-1

Cited by 4 publications

(3 citation statements)

References 16 publications

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“…One important variable that could be included in such a model is geopolitical risk, due to its capacity to affect trade flows and other relationships among the concerned countries (Gupta et al , 2019). Several researchers examine the superiority of national economies over the rest of the world in services’ trade (Nath and Goswami, 2018) and the cross-sector complementarity for overall productivity improvement purposes (Kazekami, 2017). Similar to these inquiries, it would be relevant to uncover the specific contribution of other service industries to the establishment of UAE as an international leisure and entertainment hub.…”

Section: Discussionmentioning

confidence: 99%

Innovative leadership in leisure and entertainment industry

Bodolica

Spraggon

Saleh³

2020

IMEFM

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Purpose Innovative undertakings play a critical role in the economic value creation and wealth generation of a nation. This paper aims to contribute to the literature that positions innovation at the core of the tourism industry in the context of emerging markets. Design/methodology/approach The authors adopt a case study approach and draw on secondary sources of data to examine how the UAE is reaping the benefits of innovation to transform itself into a leading international leisure and entertainment hub. Findings The strategy of significant financial investment in complex mega-projects and major infrastructure development have offered the UAE a relative advantage over other industry giants worldwide. Nonetheless, the local government should continue tapping into the multiple and diverse opportunities that product/service and process innovation has to offer if the UAE ambitions to enhance its competitiveness and acquire the status of a global tourism hub. Originality/value While most research efforts to date focused on Western markets, this study contributes to the development of a knowledge base about the role of innovation in the tourism industry in emerging market settings.

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Section: Discussionmentioning

confidence: 99%

Innovative leadership in leisure and entertainment industry

Bodolica

Spraggon

Saleh³

2020

IMEFM

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“…She focused on the evolution of the distribution of the value added across firms and across countries, namely, the movement of the essential share of the value added to China, in favor of local producers, even for branded products. Kazekami [4] explore process of creating added value in Japan. Velez-Pareja [5] and Biddle et al [6] focused attention on the concept "Economic Value Added" (EVA).…”

Section: Literature Reviewmentioning

confidence: 99%

Value added distribution in Russian corporations: case of Gazprom

Pletnev

2020

E3S Web Conf.

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The modern Russian economy is basically the economy of corporations, both public and private. For this reason, the peculiarities of economic relations between the main centers of power in corporations and outside them, affect the results and efficiency of the economy. Corporations are becoming instruments of geopolitical influence, establishing economic ties with neighboring countries even under conditions of external pressure. One of the typical Russian corporations today is Gazprom, the largest gas producer. It combines the strengths of both the state and private corporations. The article considers in detail the distribution of value added to Gazprom according to the consolidated financial statements for 2012-2017. It reveals trends and patterns that allow to determine the strengths and weaknesses of this corporation as a driver of the development of the Russian economy. The main stakeholders (state, employees, top management and creditors) are identified. The research uses methods of synthesizing the partial indicators of various forms of reporting, data from Gazprom’s official website and open sources. The uniqueness of the research consists in the author’s method of calculating the amounts of value added received by each stakeholder. The role of the State as the main stakeholder of the corporation Gazprom is justified.

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“…The literature on examining the inter-sectoral linkages suggests mixed conclusions on the impact of productivity and growth of one sector on that of another sector. For intance, Kazekami (2017) finds a significant impact of feedback from manufacturing to services sectors of the Japanese economy over the period 1995-2014. On the other hand, Balakrishnan et al (2017) find significant evidence of existence of mutual feedback mechanism between manufacturing and services sectors of the Indian economy over the period 1965-1966 to 2009-2010, although the feedback is found to be stronger from services to manufacturing than the other way around.…”

Section: The Modelmentioning

confidence: 99%

Sectoral analysis of productivity in the developing and developed economies of Asia-Pacific

Dua

Garg

2019

IGDR

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Purpose The study aims to empirically investigate the trends and determinants of labour productivity of the two broad sectors –industry and services – and their components, namely, manufacturing and market services sectors, in the case of major developing and developed economies of Asia-Pacific over the period 1980-2014 and make a comparison thereof. Design/methodology/approach The study uses econometric methodology of panel unit root tests, panel cointegration and group-mean full modified ordinary least squares (FMOLS). Findings The study finds that while capital deepening, government size, institutional quality, productivity of the other sector and financial openness affect productivity of all the sectors significantly, the impact of human capital and trade openness varies across sectors in the case of developing economies. Furthermore, the impact of technological progress becomes significant in the post-liberalization reforms period in the developing economies. The study further finds that capital deepening, human capital, government size, institutional quality, productivity of the other sector, government size and trade openness are significant determinants of productivity of all sectors of developed economies under consideration. However, the impact of technological progress is stronger for manufacturing sector than services and its components. Furthermore, while both equity and debt liabilities (as measures of financial openness) influence sectoral productivity of industry and manufacturing sectors positively and significantly in case of developed economies, only equity liabilities have a significant influence on the productivity of developing economies. This may indicate existence of more developed financial markets in the case of developed economies. Originality/value The study identifies important structural differences in determinants of productivity both across sectors and across developing and developed economies of Asia-Pacific.

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Do service sectors need core sectors to improve their productivity?

Cited by 4 publications

References 16 publications

Innovative leadership in leisure and entertainment industry

Innovative leadership in leisure and entertainment industry

Value added distribution in Russian corporations: case of Gazprom

Sectoral analysis of productivity in the developing and developed economies of Asia-Pacific

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