In general, women empowerment summons women folk to overcome the existing hindrances and hurdles to emerge themselves as a successful in economic, finance and mentally stable person in society. This study aims in exploring the role and participation of Self Help Groups- SHG in Ludhiana towards empowering women. This study is performed by analysing the data gathered from 373 respondents obtained from social media. To make the study more reliable, descriptive and conclusive, the study has performed a rigorous analysis using the statistical tool SPSS. The outcomes prove that SHGs and banks are playing certain crucial role in empowering women by making them empowered in factors like socially, economically, politically and psychologically.
{"title":"Empirical Study on Self Help Groups Active Participation in Empowering Women, Punjab, India","authors":"Tanushree Singh, Sarveshwar Pande","doi":"10.25115/eea.v40i2.7094","DOIUrl":"https://doi.org/10.25115/eea.v40i2.7094","url":null,"abstract":"In general, women empowerment summons women folk to overcome the existing hindrances and hurdles to emerge themselves as a successful in economic, finance and mentally stable person in society. This study aims in exploring the role and participation of Self Help Groups- SHG in Ludhiana towards empowering women. This study is performed by analysing the data gathered from 373 respondents obtained from social media. To make the study more reliable, descriptive and conclusive, the study has performed a rigorous analysis using the statistical tool SPSS. The outcomes prove that SHGs and banks are playing certain crucial role in empowering women by making them empowered in factors like socially, economically, politically and psychologically.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":"62 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128378545","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Research studies and policies have stressed the impact of private vehicles on the air quality and the significance of the public transportation. But, such studies have rarely proved the quantitative impact of the same. The present paper has established a long-run relationship between vehicular population and the air quality deterioration using time series data from one of the major metropolitan city of India, Bengaluru. Adopting the cointegration method: ARDL, the paper has provided quantitative impact of public transportation in improving the air quality of the city. The result is found to have significant impact on the transportation policies which can direct the urban planners in improving the public transportation in order to have positive impact on the air quality.
{"title":"Assessing the long-run impact of vehicular movement on air quality: An ARDL Approach","authors":"D. S.","doi":"10.25115/sae.v41i1.9020","DOIUrl":"https://doi.org/10.25115/sae.v41i1.9020","url":null,"abstract":"Research studies and policies have stressed the impact of private vehicles on the air quality and the significance of the public transportation. But, such studies have rarely proved the quantitative impact of the same. The present paper has established a long-run relationship between vehicular population and the air quality deterioration using time series data from one of the major metropolitan city of India, Bengaluru. Adopting the cointegration method: ARDL, the paper has provided quantitative impact of public transportation in improving the air quality of the city. The result is found to have significant impact on the transportation policies which can direct the urban planners in improving the public transportation in order to have positive impact on the air quality.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123337715","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
En este documento se analiza la persistencia de la hipótesis del Miedo a la flotación, desarrollada por Guillermo Calvo y Carmen Reinhart, en México durante dos crisis: la crisis financiera del 2008-2009 y la más reciente denominada crisis del Gran Confinamiento, 2020-2021 (Reinhart, 2000; Calvo y Reinhart, 2000; 2002). Con base en esta hipótesis se demuestra que México a la postre de la inestabilidad generada por estas crisis experimenta un caso endémico de Miedo a flotar.
{"title":"Miedo a flotar en México durante el Gran Confinamiento, 2020-2021","authors":"Laura Lisset Montiel Orozco","doi":"10.25115/sae.v41i1.9066","DOIUrl":"https://doi.org/10.25115/sae.v41i1.9066","url":null,"abstract":"En este documento se analiza la persistencia de la hipótesis del Miedo a la flotación, desarrollada por Guillermo Calvo y Carmen Reinhart, en México durante dos crisis: la crisis financiera del 2008-2009 y la más reciente denominada crisis del Gran Confinamiento, 2020-2021 (Reinhart, 2000; Calvo y Reinhart, 2000; 2002). Con base en esta hipótesis se demuestra que México a la postre de la inestabilidad generada por estas crisis experimenta un caso endémico de Miedo a flotar.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133850122","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
En un momento histórico en el que el feminismo está a la orden del día, la conciliación masculina es un tema de vital importancia para poder alcanzar la igualdad de género. Tras un repaso de la legislación en España respecto a la conciliación, se utilizará el path modeling como herramienta estadística para analizar los factores que pueden influir a los hombres para no conciliar en España a pesar de tener las facilidades para ello.
{"title":"Conciliación en España: desarrollo legislativo y análisis de su escasa incidencia en los hombres","authors":"Ana Sofía Crespo Jiménez, Alicia Pérez-Alonso","doi":"10.25115/sae.v41i1.9080","DOIUrl":"https://doi.org/10.25115/sae.v41i1.9080","url":null,"abstract":"En un momento histórico en el que el feminismo está a la orden del día, la conciliación masculina es un tema de vital importancia para poder alcanzar la igualdad de género. \u0000Tras un repaso de la legislación en España respecto a la conciliación, se utilizará el path modeling como herramienta estadística para analizar los factores que pueden influir a los hombres para no conciliar en España a pesar de tener las facilidades para ello.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134268126","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study attempts to assess the Merit Order Effect (MOE) in Spain during the last decade 2011-2021, this is, the impact of renewable energy sources (RES) in electricity prices. Moreover, it analyses the effects of market concentration on prices and the interaction between the MOE and market power. The topic is significantly relevant at the time of writing for a number of reasons, including the expected growth of RES in Spain, the spectacular recent rise in electricity prices and the oligopolistic nature of the Spanish electricity sector. This study finds that there exists a MOE in the Spanish electricity market that reduces the price of electricity by 0.0029€/MWh for an additional solar MWh and by 0.0023€/MWh for an additional wind MWh. Moreover, it is found that market power increases electricity prices substantially. As the crucial result of this study, it is shown that the MOE can be limited and reduced by market concentration. This last point is particularly relevant because it demonstrates that the MOE does not only depend on RES supply itself, but also on the competitiveness of the market. Consequently, policymakers and competition regulators should strive to make the electricity market more competitive if the economic benefits of the energy transition are to be fully realised by the general public.
{"title":"The Merit Order Effect and market power in the Spanish electricity market","authors":"Francisco Rueda Guerrero","doi":"10.25115/sae.v41i1.9077","DOIUrl":"https://doi.org/10.25115/sae.v41i1.9077","url":null,"abstract":"This study attempts to assess the Merit Order Effect (MOE) in Spain during the last decade 2011-2021, this is, the impact of renewable energy sources (RES) in electricity prices. Moreover, it analyses the effects of market concentration on prices and the interaction between the MOE and market power. The topic is significantly relevant at the time of writing for a number of reasons, including the expected growth of RES in Spain, the spectacular recent rise in electricity prices and the oligopolistic nature of the Spanish electricity sector. This study finds that there exists a MOE in the Spanish electricity market that reduces the price of electricity by 0.0029€/MWh for an additional solar MWh and by 0.0023€/MWh for an additional wind MWh. Moreover, it is found that market power increases electricity prices substantially. As the crucial result of this study, it is shown that the MOE can be limited and reduced by market concentration. This last point is particularly relevant because it demonstrates that the MOE does not only depend on RES supply itself, but also on the competitiveness of the market. Consequently, policymakers and competition regulators should strive to make the electricity market more competitive if the economic benefits of the energy transition are to be fully realised by the general public.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":"11629 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121987140","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Kenedy Pedro Alva Chavez, Lorenzo Escot, José Andrés Fernández Cornejo
Tras la crisis del 2008, la reducción del desempleo se ha convertido en uno de los objetivos prioritarios de la política económica en España. La búsqueda de empleo y su duración depende de multitud de factores. Desde el punto de vista del individuo, el método de búsqueda de empleo utilizado es un factor fundamental que aumenta o reduce la probabilidad de encontrar trabajo. Por ello, conocer la eficacia de dichos métodos resulta crucial, no sólo a nivel del individuo, sino también a nivel macroeconómico, como consecuencia del efecto que esa eficacia tiene sobre el desempleo friccional. En este trabajo, a partir de una encuesta realizada en la Comunidad de Madrid durante la crisis económica, y utilizando modelos semiparamétricos de duración del desempleo en meses, se hará un análisis para medir cómo influyen los diferentes métodos de búsqueda en la probabilidad de encontrar un empleo.
{"title":"La importancia de los métodos de búsqueda en la duración del desempleo: evidencia durante la crisis económica en la región de Madrid","authors":"Kenedy Pedro Alva Chavez, Lorenzo Escot, José Andrés Fernández Cornejo","doi":"10.25115/sae.v41i1.9085","DOIUrl":"https://doi.org/10.25115/sae.v41i1.9085","url":null,"abstract":"Tras la crisis del 2008, la reducción del desempleo se ha convertido en uno de los objetivos prioritarios de la política económica en España. La búsqueda de empleo y su duración depende de multitud de factores. Desde el punto de vista del individuo, el método de búsqueda de empleo utilizado es un factor fundamental que aumenta o reduce la probabilidad de encontrar trabajo. Por ello, conocer la eficacia de dichos métodos resulta crucial, no sólo a nivel del individuo, sino también a nivel macroeconómico, como consecuencia del efecto que esa eficacia tiene sobre el desempleo friccional. En este trabajo, a partir de una encuesta realizada en la Comunidad de Madrid durante la crisis económica, y utilizando modelos semiparamétricos de duración del desempleo en meses, se hará un análisis para medir cómo influyen los diferentes métodos de búsqueda en la probabilidad de encontrar un empleo.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117230493","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Azahara Gil-Corbacho, María del Mar Miralles-Quirós, José Luis Miralles‐Quirós
Nowadays, Fintech firms are making the most of new technologies to expand and improve financial services, displacing traditional financial companies in some cases. These Fintech firms are playing an increasingly relevant role, not only in the economic and financial sphere, but also in the stock markets, as they have become an attractive investment alternative. However, our knowledge of these companies’ stock performance is still limited. In this context, the aim of this study is to analyse the return and risk associated to investing in the FinTech companies comprising the Nasdaq Financial Technology index as well as the return and risk associated to investing in traditional financial companies comprising the Standard & Poor’s 500 Financials index. The study is completed by analysing the results of a zero-cost investment strategy based on buying shares in FinTech companies and selling shares in traditional financial companies. This allows us to analyse whether there are significant differences between the two types of investment. Our overall results show that the risk-adjusted return, as well as the systematic risk, are conditioned by the state of the economy in both types of investment and that the significant differences in investment style boil down to the fact that traditional companies are value firms. Meanwhile, fintech firms have greater capacity for growth in the stock market. These findings provide relevant information for current research on Fintech firms in comparison to traditional financial firms. Moreover, these findings can be used by investors for their trading strategies
{"title":"Stock market performance differences between fintech and traditional financial firms","authors":"Azahara Gil-Corbacho, María del Mar Miralles-Quirós, José Luis Miralles‐Quirós","doi":"10.25115/sae.v41i1.9078","DOIUrl":"https://doi.org/10.25115/sae.v41i1.9078","url":null,"abstract":"Nowadays, Fintech firms are making the most of new technologies to expand and improve financial services, displacing traditional financial companies in some cases. These Fintech firms are playing an increasingly relevant role, not only in the economic and financial sphere, but also in the stock markets, as they have become an attractive investment alternative. However, our knowledge of these companies’ stock performance is still limited. In this context, the aim of this study is to analyse the return and risk associated to investing in the FinTech companies comprising the Nasdaq Financial Technology index as well as the return and risk associated to investing in traditional financial companies comprising the Standard & Poor’s 500 Financials index. The study is completed by analysing the results of a zero-cost investment strategy based on buying shares in FinTech companies and selling shares in traditional financial companies. This allows us to analyse whether there are significant differences between the two types of investment. Our overall results show that the risk-adjusted return, as well as the systematic risk, are conditioned by the state of the economy in both types of investment and that the significant differences in investment style boil down to the fact that traditional companies are value firms. Meanwhile, fintech firms have greater capacity for growth in the stock market. These findings provide relevant information for current research on Fintech firms in comparison to traditional financial firms. Moreover, these findings can be used by investors for their trading strategies","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124842449","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Nagham Hameed Abdulkhudhur Alyaseri, Ali Al-Hadi Rasheed Abboud Al-Yasiri, Ahmed Albakry
In this study , governments in oil-producing countries rely heavily on oil income to fund their budgets and exert political influence. Increases in government expenditure are a direct result of a surplus of funds, as would be expected from standard economic theory. This is precisely why Extremely high oil prices in 2010and 2020 caused tremendous budgets in the Iraqi economy. Investment, which would have been the primary beneficiary of the government expenditure process, was ignored. They missed a chance to diversify their economies and industries by concentrating solely on leisure and consumption. The progress of the Iraqi economy is unimpeded by a shortage of resources or money. Oil earnings and governmental spending are the primary factors studied due to their close relationship. The sample size was organized , and the data collected was quarterly, which is more timely than annual data. Keeping an eye on it all the way from 2010 till 2020. A quiet test was performed on the series to see if those two factors were present, and the results showed that they were not. As soon as they take the first difference and the graph examination, they find their footing and are able to continue on with the rest of the exams with ease. The right model was chosen, and an autoregressive distributed-lag (ARDL) technique was used..
{"title":"Investigate the Effect Oil Price Volatility for The Period (2010 -2020) on the Economic Situation Based ARDL Approach","authors":"Nagham Hameed Abdulkhudhur Alyaseri, Ali Al-Hadi Rasheed Abboud Al-Yasiri, Ahmed Albakry","doi":"10.25115/sae.v41i1.7120","DOIUrl":"https://doi.org/10.25115/sae.v41i1.7120","url":null,"abstract":"In this study , governments in oil-producing countries rely heavily on oil income to fund their budgets and exert political influence. Increases in government expenditure are a direct result of a surplus of funds, as would be expected from standard economic theory. This is precisely why Extremely high oil prices in 2010and 2020 caused tremendous budgets in the Iraqi economy. Investment, which would have been the primary beneficiary of the government expenditure process, was ignored. They missed a chance to diversify their economies and industries by concentrating solely on leisure and consumption. The progress of the Iraqi economy is unimpeded by a shortage of resources or money. Oil earnings and governmental spending are the primary factors studied due to their close relationship. The sample size was organized , and the data collected was quarterly, which is more timely than annual data. Keeping an eye on it all the way from 2010 till 2020. A quiet test was performed on the series to see if those two factors were present, and the results showed that they were not. As soon as they take the first difference and the graph examination, they find their footing and are able to continue on with the rest of the exams with ease. The right model was chosen, and an autoregressive distributed-lag (ARDL) technique was used..","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129511640","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The main purpose of this research paper was to empirically analyze the impact of the agricultural sector on economic growth in the Middle East and North Africa region during the period (2000-2019) based on panel co-integration approach and Fully modified OLS and Dynamic ordinary least squares estimators. The results showed a long run relationship between the variables used. As for the results of estimating the study model in the long run using the FMOLS and DOLS estimators, it was found that the agriculture value added had a significant positive impact on economic growth, while the food production index, employment in the agriculture sector and arable land had a negative impact on economic growth.
{"title":"Impact of Agricultural Sector on Economic Growth in MENA Countries: Evidence from Panel FMOLS and DOLS Estimators","authors":"Wafa Sebki","doi":"10.25115/sae.v41i1.8347","DOIUrl":"https://doi.org/10.25115/sae.v41i1.8347","url":null,"abstract":"The main purpose of this research paper was to empirically analyze the impact of the agricultural sector on economic growth in the Middle East and North Africa region during the period (2000-2019) based on panel co-integration approach and Fully modified OLS and Dynamic ordinary least squares estimators. The results showed a long run relationship between the variables used. As for the results of estimating the study model in the long run using the FMOLS and DOLS estimators, it was found that the agriculture value added had a significant positive impact on economic growth, while the food production index, employment in the agriculture sector and arable land had a negative impact on economic growth.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":"98 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127555847","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The paper presents a new approach for price dynamic assessment on the Ukrainian stock market based on a qualitative modification of the Black-Scholes-Merton model for estimating unknown parameters with a stochastic trend. The mean-reverting Ornstein-Uhlenbeck process was chosen as the time-dependent trend parameter since it is both mathematically convenient and has a natural economic interpretation. In order to estimate the parameters of the corresponding stochastic diffusion, the trajectory-fitting technique based on the Kalman-Bucy filter was used. The proposed approach was then tested on UX-index assets.
{"title":"Estimation of Stochastic Trend on Ukrainian Stock Market","authors":"M. Iurchenko, O. Rozhenko, Vytautas Juščius","doi":"10.25115/sae.v41i1.8904","DOIUrl":"https://doi.org/10.25115/sae.v41i1.8904","url":null,"abstract":"The paper presents a new approach for price dynamic assessment on the Ukrainian stock market based on a qualitative modification of the Black-Scholes-Merton model for estimating unknown parameters with a stochastic trend. The mean-reverting Ornstein-Uhlenbeck process was chosen as the time-dependent trend parameter since it is both mathematically convenient and has a natural economic interpretation. In order to estimate the parameters of the corresponding stochastic diffusion, the trajectory-fitting technique based on the Kalman-Bucy filter was used. The proposed approach was then tested on UX-index assets.","PeriodicalId":210068,"journal":{"name":"Studies of Applied Economics","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122570392","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}