Fixprice-flexprice industries among Malaysian agrobased manufacturing: An input-output approach

Industries can be classified into fixprice sectors according to their pricing behaviour. Although Hicks and Morishima have broadly classified manufacturing industries into fixprice and the rest of the economy into flexprice, using cost-based input-output models, the present paper reclassifies Malaysian agrobased manufacturing into flexprice and nonagrobased manufacturing into fixprice categories. By compiling annual sectoral price indices, both for intermediate and primary inputs, the model estimates sectoral residual profits of 1978 and 1983 vintage technologies.     

Data integration in IoT ecosystem: Information linkage as a privacy threat

Internet of things (IoT) is changing the way data is collected and processed. The scale and variety of devices, communication networks, and protocols involved in data collection present critical challenges for data processing and analyses. Newer and more sophisticated methods for data integration and aggregation are required to enhance the value of real-time and historical IoT data. Moreover, the pervasive nature of IoT data presents a number of privacy threats because of intermediate data processing steps, including data acquisition, data aggregation, fusion and integration. User profiling and record linkage are well studied topics in online social networks (OSNs); however, these have become more critical in IoT applications where different systems share and integrate data and information. The proposed study aims to discuss the privacy threat of information linkage, technical and legal approaches to address it in a heterogeneous IoT ecosystem. The paper illustrates and explains information linkage during the process of data integration in a smart neighbourhood scenario. Through this work, the authors aim to enable a technical and legal framework to ensure stakeholders awareness and protection of subjects about privacy breaches due to information linkage.     

What you sell is what you lend? Revealing complexity of <Emphasis Type="Italic">riba</Emphasis> in loan contract

The purpose of this paper is to resolve and examine the possible modus operandi of riba on selling and loan contract according to the Sharia’s precepts. This paper investigate the Qur’an, hadith, and juristic views on such relevant issues based on the survey done on the several sources, i.e., previous studies, Al-Qur’an and Al-Hadith and juristic views and deviate from the existing studies in two aspects, i.e., the selling and buying of goods do not involve riba and also the banks provide loan without riba. The findings of this paper are: First, the concept of interest in lending is widely accepted both in theory and practice. Second, riba exists in selling and lending. Third, the categorization and application of extensive and complex subjects of riba in economic life bring all speculative and usurious transactions under the rubric of riba prohibition. This paper important because express and disclosure riba in both exchange of goods and loans, also the social and economic developments. This is an original undertaking of this paper.     

Impact of the Stand Your Ground law on gun deaths: evidence of a rural urban dichotomy

We explore the impact of the Stand Your Ground (SYG) law on gun deaths by degree of urbanization. Unlike firearm homicides the definition of firearm deaths does not depend on the broadening of the self-defense provision that the SYG law represents. Using a difference-in-difference design, we find that the SYG law had no impact on gun deaths at the state level. However, once the U.S. states are disaggregated into portions by degree of urbanization—central city, suburb, small urban area and rural area—we find that the law increased gun deaths in the central cities and the suburbs, and had no impact in smaller urban areas and rural areas. These findings are consistent with the fact that there is a great divide between urban and rural areas in terms of ownership and usage of guns, attitudes towards guns, and the implications thereof. The finding of increased violence in the suburbs is of particular interest in the historical backdrop whereby the growth of the suburbs, to a large extent, may have been motivated by a desire to escape crime and violence.