University of Professional Studies
Accra, Ghana
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Amuakwa-Mensah F.,Swedish University of Agricultural Sciences | Adom P.K.,University of Professional Studies
Environmental Science and Pollution Research | Year: 2017

The current share of sub-Saharan Africa in global carbon dioxide emissions is negligible compared to major contributors like Asia, Americas, and Europe. This trend is, however, likely to change given that both economic growth and rate of urbanization in the region are projected to be robust in the future. The current study contributes to the literature by examining both the direct and the indirect impacts of quality of institution on the environment. Specifically, we investigate whether the institutional setting in the region provides some sort of a complementary role in the environment-FEG relationships. We use the panel two-step system generalized method of moments (GMM) technique to deal with the simultaneity problem. Data consists of 43 sub-Saharan African countries. The result shows that energy inefficiency compromises environmental standards. However, the quality of the institutional setting helps moderate this negative consequences; countries with good institutions show greater prospects than countries with poor institutions. On the other hand, globalization of the region and increased forest size generate positive environmental outcomes in the region. Their impacts are, however, independent of the quality of institution. Afforestation programs, promotion of other clean energy types, and investment in energy efficiency, basic city infrastructure, and regulatory and institutional structures, are desirable policies to pursue to safeguard the environment. © 2017 The Author(s)

Ravichandra T.,University of Professional Studies | Thingom C.,Bangalore University
IEEE International Conference on Innovative Mechanisms for Industry Applications, ICIMIA 2017 - Proceedings | Year: 2017

In this paper, an attempt has been made to predict the movement of the stock price for the next day using Cumulative Distribution Function (CDF). For the purpose of the research, three companies from the Bearings Industry, namely - ABC Bearings Ltd, SNL Bearings Ltd and Austin Engineering Company Ltd, and two companies from the chemical industry, namely-Nocil ltd and Manali Petrochemicals Ltd were chosen. Historical prices of these companies were analyzed and by using Cumulative Distribution Function (CDF) the movement of the stock price for the next day is predicted. © 2017 IEEE.

Tarannum S.,University of Professional Studies
JP Journal of Heat and Mass Transfer | Year: 2017

The nonlinear stability of triple diffusive convection in Boussinesq-Stokes suspension is analysed by using Ginzburg-Landau model. Using the Bernoulli equation obtained from Ginzburg-Landau model, Nusselt number and Sherwood numbers of different solutes are studied to quantify the heat and mass transfer. It is found that the effect of couple stress parameter is to stabilize the system. © 2017 Pushpa Publishing House, Allahabad, India.

Ravichandra T.,University of Professional Studies | Thingom C.,Bangalore University
IEEE International Conference on Innovative Mechanisms for Industry Applications, ICIMIA 2017 - Proceedings | Year: 2017

This paper makes an attempt to predict the movement of the stock price for the following day using Artificial Neural Network (ANN). For the purpose of this research, two companies from each industry have been chosen that is, TATA Motors and Honda Motors from the Automobile industry and Cadila Pharmaceuticals Ltd. and Glenmark Pharmaceuticals from the Pharmaceutical industry. The historical prices of these companies were collected and by using Artificial Neural Network (ANN), the movement of the stock price for the next day is predicted. © 2017 IEEE.

Adom P.K.,University of Professional Studies | Adams S.,Ghana Institute of Management and Public Administration
Renewable and Sustainable Energy Reviews | Year: 2017

This study estimates the transition probabilities for different energy-use states in Nigeria, using the Markov Switching Regression technique. According to the results, both energy-efficient and energy-inefficient states are less persistent, but comparatively, the energy-inefficient state is more persistent. Thus, in Nigeria, it is much difficult to escape from the energy-inefficient state than the energy-efficient state. Several reasons may explain this phenomenon, and they include: inefficient regulatory system; poor institutional structure; high corruption; proliferation of second-hand goods; undeveloped markets; high incidence of poverty, and inefficient pricing in the energy sector. Pricing policies should be combined with institutional improvement and infrastructural development if Nigeria wants to achieve a sustainable energy-efficient state, in the long-term. © 2017 Elsevier Ltd.

Adom P.K.,University of Professional Studies | Kwakwa P.A.,Presbyterian University College
Renewable and Sustainable Energy Reviews | Year: 2014

This study examined the effects of changing trade structure and changing technical characteristics of the manufacturing sector alongside the effects of foreign direct investment and urbanization on energy intensity in Ghana. In order to produce a result that is not biased towards non-rejection, the Zivot-Andrews unit root test with structural break was used. The study applied the Phillip-Hansen, Park, and Stock-Watson cointegration models, which are more robust to serial correlation and exogeneity problems. Preliminary findings showed evidence of cointegration. The study concludes that the changing technical characteristics of the manufacturing sector after the reform and changing production mix in favor of less energy intensive improved energy efficiency. However, energy consumption via exports which outweighed the energy saving via imports of capital goods after the reform in 1983 worsened energy efficiency. Growing urbanization significantly increases energy intensity. In all, technological diffusion via trade exerts significant influence on energy intensity than technological diffusion via foreign direct investment. These results are robust to the Cholesky variance decomposition analysis. © 2014 Elsevier Ltd.

Adom P.K.,Swedish University of Agricultural Sciences | Adom P.K.,University of Professional Studies
Energy Economics | Year: 2016

I use a two-state (energy efficient/inefficient) Markov-switching dynamic model to study energy efficiency in Cameroon in a novel manner, employing yearly data covering 1971 to 2012. I find that the duration of an energy inefficient state is about twice as long as an energy efficient state, mainly due to fuel subsidies, low income, high corruption, regulatory inefficiencies, poorly developed infrastructure and undeveloped markets. To escape from an energy inefficient state a broad policy overhaul is needed. Trade liberalization and related growth policies together with the removal of fuel subsidies are useful, but insufficient policy measures; the results suggest that they should be combined with structural policies, aiming at institutional structure and investment in infrastructure. © 2015 Elsevier B.V..

Adom P.K.,Swedish University of Agricultural Sciences | Adom P.K.,University of Professional Studies
Energy Economics | Year: 2015

This study analysed the problem of energy intensity determinants in Nigeria based on the fully modified OLS and canonical cointegration regressions. These methods were preferred since they are able to deal effectively with the second-order bias problems, an often characteristics of time series data. The impacts of price of crude oil, FDI, trade openness and industry structure are asymmetric which suggests the presence of structural effects in parameters. The impact of crude oil price is negative but becomes stronger post-1989 saving .126% more in energy consumption relative to pre-1989. Also, the impacts of FDI and trade openness are negative and significant but become stronger post-1989 saving 11.2% and 0.8% more in energy consumption relative to the baseline, respectively for every one percentage point increase in FDI and trade openness. The impact of industry value-added is positive and significant but weakens after 1989 consuming 1.8% less in energy for every one percentage point increase in industry value-added relative to the baseline. The energy reducing effect of industry value-added post-1989 reflects improvements in the technical characteristics of industrial sector in Nigeria. Last, the result showed that the absorptive capability and industry characteristics of Nigeria are important determinants of how FDI affects energy intensity. This implies that a more integrated FDI programme (considering the country characteristics) rather than a 'one-fit-all' programme is preferable. © 2015 Elsevier B.V.

Adom P.K.,Swedish University of Agricultural Sciences | Adom P.K.,University of Professional Studies
Energy | Year: 2015

Despite the prevalence of voluntary and involuntary energy conservation policies, developing countries in Africa continue to struggle to achieve energy efficiency targets. Consequently, energy intensity levels have risen threatening the security of the energy system. This raises the important question: is there an economic state that induces agents to be energy conscious? In this study, we study the case of Algeria's energy intensity from 1971 to 2010. First, the paper argues that there is a certain economic state that economic agents find investing in energy conservation a viable option. Any state different from that would mean not investing in energy conservation. Second, the paper argues that the economy can do better even with an infinitesimal reduction in fuel subsidy, and that the gains in revenue from the policy can compensate for the negative socio-economic and equity impacts associated with such a policy. Third, the paper argues that, so long as, industrial expansion in the country move parallel with investment in technological innovation, long-term sustainable growth and energy conservation targets are jointly feasible. Fourth, the paper shows that income elasticity evolves with the business cycle, and the absorptive capability of the host country affects how FDI (foreign direct inflows) impact energy intensity. © 2015 Elsevier Ltd.

Bondas T.,University of Professional Studies
Journal of Nursing Management | Year: 2010

Aim: Increase understanding of nursing leadership in group clinical supervision (CS). Background: Leadership in CS has received little interest besides the theories in use and administrative CS. Method: Hermeneutic interpretation of written narratives of 24 clinical nurse supervisors. Results: Continuity in structuring, story and mission and reflection in group and leadership processes and theories of nursing and caring characterize leadership in CS. Leadership by inhibiting and creating fear, inapproachability and indistinctiveness were patterns in content brought to CS. Supervision when leadership was involved illuminated a reflexive change in focus from leadership to nursing care, from particular experiences to nursing and caring science, and from the unfamiliar to the well known and the well known to the unknown. Conclusions: Continuity and reflective changes using nursing and caring theories seem to be core ideas of nursing leadership from the perspective of CS. The poles of separation and communion show opposites of nursing leadership as it is illuminated in CS. The findings add knowledge to Bondas' theory of caritative leadership. Implications for nursing management: CS is a reflexive practice of support and guidance that seems to have an impact on the trajectory of nursing care and staff development using nursing and caring theories. © 2010 The Author. Journal compilation © 2010 Blackwell Publishing Ltd.

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