The impact of price on Potato consumption in the USA

Salma Akter; Mohammad Raijul  Islam; Fakhrul Hasan

doi:10.55942/jebl.v2i4.154

Authors

Salma Akter Feni University, Bangladesh
Mohammad Raijul Islam Nottingham Trent University, UK
Fakhrul Hasan Liverpool Hope University

DOI:

https://doi.org/10.55942/jebl.v2i4.154

Keywords:

Potato, Consumption, Price, Econometrical

Abstract

In this research paper we conduct our research using an econometrical analysis. In this research paper we mainly use previous economic theory, where we can find that if price increase then the demand of the good will declined automatically. This theory is more or less true for all kind of price and demand equation, it’s not different in this paper as well, but in this paper using USA potato consumption data we show that when price increase consumers always tend to reduce their potato consumptions as well, even though potato is one of the main stable sources of carbohydrate for US population. To conduct this research paper, we use data starting from 1970 till 2019.

Author Biographies

Salma Akter, Feni University, Bangladesh

Assistant Professor

Feni university business school .

Feni university. Bangladesh

Mohammad Raijul Islam, Nottingham Trent University, UK

Nottingham Business School

Nottingham Trent University

Nottingham, UK

Fakhrul Hasan, Liverpool Hope University

Curriculum Vitae

DR FAKHRUL HASAN

Home: Apartment-45, Heysmoor Heights

14 Greenheys Road, Liverpool

L8 0PY. UK

Phone: +44(0)7533619285

Email: hasanf@hope.ac.uk

fakhrulhasan87@gmail.com

fakhrul.hassan@york.ac.uk

Citizenship: U.K.

Work: Department of Accounting and

Finance

Eden-129, Eden Building

Liverpool Hope Business School,

Liverpool Hope University, Liverpool. L16 9JD

Tele: 0151 291 3581

Research Interest and Activities

My research interest covers

Behavioural Finance
Corporate Finance
Merger and acquisition
Dividend policy
Banking
Public Finance

Academic Qualifications

PhD (Economics), Keele University, 2013-2018
BA (Accounting), University of Hertfordshire, 2011-2012
HND (Accounting), City College Glasgow, 2007-2009

Professional Qualifications

Association of Chartered Certified Accountants (ACCA) (Part-Qualified), 2013

Associate Teaching Fellow in HEA, 2020
Keele University, Excel Visual Basic for Applications (VBA), 2018
Imperial College, STATA (Software), 2015
Keele University, Introduction to Teaching at Keele, 2015
De Montfort University, Effective Learning and Teaching in HE, 2019

Current and Previous Teaching Positions

Lecturer in Accounting and Finance (September 2021-Present)

Liverpool Hope University, Liverpool

Modules Included

Financial Management (Level-6)
Performance Management (Level-6)
Contemporary Research (Level-5)
Strategic Finance Ethics and Marketing (IMBA)

Part time Lecturer in Accounting and Finance (April 2021-August 2021)

York University

Postgraduate Supervisor

Associate Lecturer in Accounting and Finance (October 2019- August 2021)

De Montfort University, Leicester

Modules Included

Financial Decision Making
Financial Accounting
Decision Management
Management Accounting
Liquidity and Financial Risk Management
Taxation

Lecturer in Finance (August 2018- August 2019)

University of Cumbria, Lancaster

Module Included

Management Accounting for Decision Making
Management Accounting for Managing Performance
Corporate Financial Management
Business Case Development
Management Accounting
Business Valuation and Financial Risk
Business Finance

Teaching Assistant (January 2014- May 2017)

Keele University, Stoke-on-Trent.

Module Included

Economics of Financial Markets
Accounting Principles

Research Assistant Experiences

In 2015-2016 I worked as a research assistant on a research project titled “Investigating the Disclosure of the Environmental Targets in the UK FTSE-100”. This project was led by Dr. Akrum Helfaya (Keele University) and Dr. Tantawy Moussa (Westminster University).
In 2017-2018 I worked as a research assistant on a research project titled “Investigating the Disclosure of the Environmental Targets in the Global Most 100 Sustainable Companies”. This project was led by Dr. Akrum Helfaya (Keele University) and Dr. Tantawy Moussa (Westminster University).

Selected Publication and Conferences

Conferences

Hasan F (2017). The effect of dividend announcements on stock market returns. Social Sciences Postgraduate Conference, Keele University, Keele, 17^th May 2017.

Published Papers

Hasan, F., Islam, M. R., and Siddique, M. (2022) “Management challenges analyses and information system redevelopment in SMEs due to Covid 19 fallout: Prescriptive case study”. International Journal of Critical Accounting. (ABS-1* Rated)

Hasan, F., and Islam, M.R. (2022) “New energy vehicles from the perspective of market and environment”. Journal of Business Strategy, Finance and Management. 4(1),

Hasan, F., Hasan, Md. Z., and Islam, M. R. (2022) “COVID-19 movement control effect on the socio-economy: evidence from Bangladesh manufacture industry”. International Journal of Critical Accounting. 12(6), (ABS-1* Rated).

Hasan, F. (2022) “Using UK Data to Study the Effects of Dividends Announcements on Stock Market Returns”. The Journal of Prediction Markets. 16(1). (ABS-1* Rated).

Hasan, F. (2021) “Corporate social responsibility and agency cost: Evidence from the UK retail industry". International Journal of Research in Finance and Management. 4(2), 105-115. (ABS-1* Rated).

Hasan, F., (2021) “Relationship between orthodox finance and dividend policy: a literature review”. Indian-Pacific Journal of Accounting and Finance. 5(1), 13-40. (ABS-1* Rated).

Hasan, F., Hossen, R. and Ahmed, S. A. (2021) “How Steel Industry has been Affected Due to Trade War Between the USA and China.” International Journal of Critical Accounting. 12(4), 348-368. (ABS-1* Rated).

Hasan, F., and Ahmed, S. A. (2021) “COVID-19 and Two different Stock Markets: An Event Study Analysis”. The Journal of Prediction Markets. 15(2), 3-18. (ABS-1* Rated).

Hasan, F. (2021) “Dividend changes as predictors of future profitability”. The Journal of Prediction Markets. 15(1), 37-66. (ABS- 1* Rated).

Hasan, F. (2020). How sustainability reporting has changed over the years for companies listed in oil and gas sector. International Journal of Critical Accounting. 11 (6), 520-557. (ABS- 1* Rated).

Owusu-Agyei, S., Okafor, G., Chijoke-Mgbame, M., Ohalehi, P., and Hasan, F. (2020). Internet Adoption and Financial development in Sub-Saharan Africa. Technology Forecasting and Social Change. 161 (C), 1-13. (ABS -3* Rated)

Review and Resubmit

Hasan, F., Shafique, S., and Das, B.C. “R&D intensity and the effect of dividend announcements on stock return: an even study analysis.” (Journal of Applied Accounting Research. ABS- 2* Rated).

Papers Under Review

Hasan, F., “Consumer confidence and the effect of dividend announcements on stock returns: an event study analysis.” (British Accounting Review). (ABS- 3* Rated).

Hasan, F., and Islam, M.R. “Virtual working technology during the COVID-19 pandemic: a quantitative study using European data” (Technology Forecasting and Social Change). (ABS -3* Rated)

Hasan, F., “In Pursuit of Complexity in Competitive Dynamics: An Agent-Based Modelling Approach” (Journal of Organization Design). (ABS- 2* Rated).

Hasan, F., Lepori, G., and Uddin, M. “Investor sentiment and the effect of dividend announcements on stock returns: a study on UK data”. International Review of Financial Analysis. (ABS-3* Rated).

Hasan, F.; Shafique, S. and Hassan, Y., “Prospect theory and dividend changes: a behavioural risk seeking adventure.” Journal of Applied Accounting Research. (ABS- 2* Rated).

Hasan, F, and Uddin, M., “Calendar anomalies and the effect of dividend announcements on stock returns: a study on UK data”. Journal of Behavioral Finance. (ABS- 2* Rated).

Hasan, F. and Uddin, M., “Big Sports Events and the Effect of Dividend Announcements on Stock Return.” Tourism Management. (ABS-4* Rated).

Hasan, F. “Using Econometric Model Analysis, the Impact of Price on Potato Consumption in the USA”. International Journal of Critical Accounting. (ABS-1* Rated)

Hasan, F. “Economic and legal action(s) that should governments take in response to the increased likelihood of annual severe losses from western U.S. Forest fires”. International Journal of Financial, Accounting, and Management. Hasan, F., and Islam, M. R. “The relationship between behavioural finance and dividend policy: A literature review”. International Journal of Financial, Accounting, and Management.

Hasan, F. “Corporate social responsibility and firm performance”. Accounting, Finance and Governance Review. (ABS-1* Rated)

Hasan, F., and Islam, M. R. “Gender diversity and corporate governance”. The Journal of Prediction Markets. (ABS- 1* Rated).

Hasan, F. “The Impact of Climate Change on Dividend Policy in the UK Stock Market”. International Journal of Managerial and Financial Accounting. (ABS- 2* Rated).

Hasan, F, “January, Monday and the effect of dividend announcements on stock returns”. Journal of Risk. (ABS- 2* Rated).

Hasan, F., and Islam, M. R. “Corporate governance and firm performance: Evidence from Chinese real estate companies”. Accounting, Finance and Governance Review. (ABS-1* Rated)

Work in Progress Papers

Hasan, F. and Uddin, M., “Gender diversity and stock market reaction.” (Journal of Business Research. 3* ABS).

Hasan, F. and Jaris, S. S., “Interest rate changes and dividend announcements effect on stock returns: Evidence from Bangladesh banking industry.” (Financial Markets and Portfolio Management. ABS- 2* Rated).

Hasan, F. and Uddin, M., “COVID-19 effect on World tourism industry”. (Tourism Management, 4* ABS).

Hasan, F., and Uddin, M. “Monitoring mechanisms, managerial incentives, investment distortion cost and dividend payment.” (International Review of Financial Analysis, 3* ABS).

Hasan, F. and Uddin, M., “Dividend and share price effect on capitalist market”. (International Review of Financial Analysis, 3* ABS).

Hasan, F. and Aslam, A. “Dividend announcements effect on stock market volatility on Islamic countries stock market”. (Asian Review of Accounting, 2* ABS).

Research Institute Member