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Economics in Search of a Moral Philosophy (Keynote Paper)

Corresponding Author : Wahiduddin Mahmud (wahiduddin.mahmud@gmail.com)

Abstract :

Moral philosophy as a discipline is not regarded as a strong point of academic economists. Oscar Wilde defined a cynic as someone who knows the price of everything and the value of nothing; and it is widely believed that he was pointing towards economists. Carlyle held a similar dim view of economics as a discipline when he termed it as a dismal science. Economists, in their turn, feel wrongly accused, for they are usually not the cause of dismal…

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The Determinants of Job Turnover in Bangladesh

Corresponding Author : Mohammad Abdul Munim Joarder (munim-eco@sust.edu)

Abstract :

This study investigated the determinants of job turnover in a developing economy like Bangladesh where skilled workers are relatively sparse, but unemployment is pervasive. Data pertaining to wage, demographic characteristics, organizational commitment, career opportunity, job satisfaction, job security, turnover intention and actual turnover of 453 employees of banking, telecommunication and university faculties were examined. All the determinants of turnover variables were found to have the expected sign, but the level of significance varies significantly among different professionals. Wage rises…

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Seasonal Variation in Agricultural Wages: Evidence from Rice Sector in Bangladesh

Corresponding Author : M. Ismail Hossain (ismail.hossain@northsouth.edu)

Abstract :

The paper examines the seasonal pattern and the determinants of variation in rice sector wage addressing the issues how supply of and demand for labour shape the nature of seasonality in rice sector. Using data pertaining to the rice producing households from three villages of Bangladesh, the study finds how rice producing households take part in labour market by engaging themselves either as supplier of labour or employer or both. In Boro season, the coefficient of excess demand variable…

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Three Policy Puzzles with Sustainable Energy Technologies – A Discussion

Corresponding Author : A. K. Enamul Haque (akehaque@ewubd.edu)

Abstract :

Ethical considerations in the market has mostly been ignored in positive economic analysis. The basic argument is that market is a mechanism to facilitate ‘voluntary exchange’ and so under full information and no coercion or imperfection in the market the market equilibrium reflects a ‘win-win’ solution to the process of bargain. This theoretical underpinning has been upheld in most of the economic literature. However, economists have been also debating that despite being a win-win solution, markets often lead to…

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To Ban or not to Ban the Child Labor: An Investigation from Urban Slums in Bangladesh

Corresponding Author : Syed Hasanuzzaman (shzaman-eco@sust.edu)

Abstract :

Too much emphasis on household income might have blurred the role of market incentives and household vulnerability in determining child labor that can provide important implications to the debate over child labor ban. Child labor ban may not be costless, especially, for households suffering extreme poverty. Again, motivations for market returns to child labor cannot be ignored. For the urban slum areas of Sylhet district our study reveals that household demand for child labor is not only generated by…

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Consumption Curtailing or Brand Switching? Exploring the Adaptation Strategy of Tobacco Smokers in the face of Taxation in Sylhet Metropolitan Area

Corresponding Author : Monir Uddin Ahmed (monir-eco@sust.edu)

Abstract :

This study estimates the effect of tobacco taxes on cigarette consumption in the Sylhet Metropolitan Area given the smokers’ choice set of either reducing the quantity of cigarette consumption or sacrificing quality of tastes by switching into low price cigarette brands or both. To examine these preferences, we contemplate three different scenarios of consumer responses. Imprimis, we investigate whether the association between cigarette consumption curtailing decision and brand switching behaviour are simultaneous or sequential when facing a tax hike…

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Morality in Economics

Corresponding Author : Mustafa K. Mujeri (mujeri48@gmail.com)

Abstract :

Since the beginning, economics and morality had a troubled relationship. Morality is a body of standards or principles that a person believes should be universal; and is synonymous with ‘goodness’ or ‘rightness’ (Dworkin, 2000; Elster, 1983; Elster and Roemer, 1991). On the other hand, economics is about translating individual ‘selfishness’ into general wealth (Marshall, 1920). Both moral and economic analyses quickly become complex and the key is to identify the linking variables for integrating the two fields. In reality,…

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Education and Food Consumption Patterns: Quasi-Experimental Evidence from Indonesia

Corresponding Author : Mohammad Rafiqul Islam (rafiqieco@gmail.com)

Abstract :

How does education induce to cousume healthy food bundles is an important policy issue for developing countries. Applying the Indonesian Family Life Survey (IFLS) 2014, we estimate the returns of food consumption to education and investigate if more educated individuals tend to consume healthier bundles than less-educated individuals do. We implement the Expected Outcome Methodology, which is similar to Average Treatment on The Treated (ATT) conceptualized by Angrist and Pischke (2009). We find that education tends to tilt consumption…

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Policy Impact on Food Price in South Asian Countries

Corresponding Author : Nazmunnesa Bakth (sumisust2002@gmail.com)

Abstract :

Food price fluctuations pose grave danger to developing countries with people having high responsiveness of food demand to income, with consistent supply bottlenecks in food industry hampering food security, with governments fearing political unrest, and with trade restrictions threatening quick solutions to food crisis. The risk of endangering already vulnerable people to lower food consumption, the will to smooth tenure of the ruling party and the lack of capability to handle any food crisis force governments of such countries…

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How Road Connectivity affects Access to Healthcare in Rural Meghalaya?

Corresponding Author : Utpal Kumar De (utpalkde@gmail.com)

Abstract :

This paper addressed the impact of road connectivity on the accessibility to healthcare services by people of remote villages of Meghalaya, India. Primary data were collected from the rural areas of Meghalaya where scattered villagers face varied connectivity to different desired destinations, particularly to health and education centres. Then various health indicators are related with the road development index across the villages. The results revealed that households in villages with good road network have better access to healthcare centres…

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Social Protection Floor for the Elderly in Bangladesh: A Needs Assessment for Old Age Allowance Beneficiaries

Corresponding Author : Mohammad Abdul Hannan Pradhan (hannan-eco@sust.edu)

Abstract :

The objective of the study is to estimate the financial capacity and needs of the Old Age Allowance (OAL) beneficiaries in Sylhet district of Bangladesh and to identify potential financial care providers employing a quantitative method based on primary data. Data was collected randomly surveying more than six hundred beneficiaries with structured questionnaire during allowance receiving time.The financial capacity of the grant is explained by the ratio of the international and local poverty line using Cost of Basic Need…

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Energy Intensity, Sectoral Growth, and Sustainable Development: Bangladesh Perspective

Corresponding Author : M. Zakir Saadullah Khan (zskbd@yahoo.com)

Abstract :

The central goal of sustainable development is to increase the material standards of living in the nations, and it is likely to be accompanied by a substantial increase in their energy use. Use of more energy resources to support high development activities negatively affects the environment. With the increasing use of energy for an increase in GDP, efficient use of energy will help energy conservation and reduce environmental degradation. This paper attempts to examine changes in sectoral patterns of…

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