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Are listed banks only pretending to be more social? 上市银行只是在假装更加社会化吗?
IF 6.2 2区 经济学 Q1 Decision Sciences Pub Date : 2024-06-19 DOI: 10.1016/j.seps.2024.101997
Jose Torres-Pruñonosa , Leire San-Jose , Jose Antonio Clemente-Almendros , Jose-Luis Retolaza

It is widely accepted that listed organizations have potential to achieve greater economic results. In return, they are expected to provide reliable information on its economic and financial activity in a timely and accurate manner; and also, non-financial or sustainability information since 2018. Nowadays, organizations demonstrate not only their economic performance, but also their social commitment. Therefore, financial institutions attempt to be both economically and socially efficient. This paper tries to resolve this specific issue: determining whether listed financial institutions are more economically and socially efficient, due to the fact that, as they are listed and bigger, they can spend more resources in communication. But we do not know whether they truly are more socially efficient or simply have a reputation as such. To give an answer to this question a three-stage Data Envelopment Analysis has been used, which includes Spanish financial institutions Panel Data from 2014 to 2019.

人们普遍认为,上市组织有潜力取得更大的经济成果。作为回报,它们应及时、准确地提供有关其经济和财务活动的可靠信息;自 2018 年起,还应提供非财务或可持续发展信息。如今,各组织不仅要展示其经济业绩,还要展示其社会承诺。因此,金融机构试图做到既有经济效益又有社会效益。本文试图解决这一具体问题:确定上市金融机构是否更具有经济和社会效益,因为上市金融机构规模更大,可以花费更多资源进行沟通。但我们不知道它们是否真的更具社会效率,或者仅仅是声名在外而已。为了回答这个问题,我们采用了三阶段数据包络分析法,其中包括 2014 年至 2019 年的西班牙金融机构面板数据。
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引用次数: 0
Can cycling compensate the distributional inequity of public service facilities? Evidence from Shenzhen, China 自行车能否弥补公共服务设施的分配不公?来自中国深圳的证据
IF 6.2 2区 经济学 Q1 Decision Sciences Pub Date : 2024-06-18 DOI: 10.1016/j.seps.2024.101999
Conghui Zhou, Jiangyan Chen

Most traditional studies measure accessible equity of public service facilities (PSFs) statically, and tend to neglect travelling scope disparities among people with different travelling abilities and conditions. This study offers a new perspective for dynamically assessing the actual occupancy of PSFs from both the provision and demand sides. Taking Shenzhen as an example, and employing big data on shared-bike orders, we explored the compensation mechanism of cycling for the distributional inequity of PSFs, with a two-phase measurement framework. First, the Gini index and Lorenz curve were adopted to compare the distributional equality of the grids’ originally-allocated PSFs (based on the division of block-scale grids) and their cycling-accessed PSFs (based on delineation of the cycling scope with shared-bike orders). Second, a spatial lag model was established to reveal the exact factors affecting the ability to improve the PSF occupancy through cycling. The results showed that cycling compensated the distributional inequity of PSFs. This compensation effect varied among groups of different ages, genders, and incomes. Moreover, mixed land use and the low density of trunk roads promoted this compensation. These findings can provide decision-makers with references for future PSF planning in Shenzhen, and other similar cities worldwide.

传统研究多以静态方式衡量公共服务设施的无障碍公平性,往往忽略了不同出行能力和条件人群的出行范围差异。本研究提供了一个新的视角,从供给和需求两方面动态评估公共服务设施的实际占用率。以深圳为例,利用共享单车订单大数据,我们采用两阶段测量框架,探索了单车对 "私人空间 "分配不公的补偿机制。首先,采用基尼系数和洛伦兹曲线,比较网格原分配(基于街区规模的网格划分)和骑行获取(基于共享单车订单的骑行范围划定)的公共空间分布平等性。其次,建立了空间滞后模型,以揭示影响通过骑行提高 PSF 占用率的确切因素。结果表明,骑行可以弥补公共空间的分布不均。这种补偿效应在不同年龄、性别和收入的群体中各不相同。此外,土地的混合使用和主干道的低密度也促进了这种补偿。这些研究结果可为深圳以及全球其他类似城市未来的私人小区内公共服务设施规划提供决策参考。
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引用次数: 0
The robustification of distance-based linear models: Some proposals 基于距离的线性模型的稳健性:一些建议
IF 6.2 2区 经济学 Q1 Decision Sciences Pub Date : 2024-06-18 DOI: 10.1016/j.seps.2024.101992
Eva Boj , Aurea Grané

In this work tailor robust metrics are proposed to be used in the predictors’ space of distance-based predictive models. The first proposal is a robust version of Gower’s distance, which takes into account the correlation structure of the data. The second one is a rather complex metric, constructed via Related Metric Scaling, which is able to discard redundant information coming from different sources. Another novelty is the proposal of a distance-based trimming statistic to robustify the metrics. The performance of the models based on new robust metrics is evaluated through a simulation study and compared to those based on Euclidean, Gower’s and generalized Gower’s metrics in the presence of outliers in several datasets of multivariate heterogeneous data. Mean squared error (also median and standard deviation) are used to evaluate the effectiveness in the prediction of responses. Finally, two applications in the areas of sustainable transport and finance and banking are provided in order to illustrate the predictive power of these models. Computations are made using the dbstats package for R.

在这项工作中,我们提出了量身定制的稳健度量标准,用于基于距离的预测模型的预测因子空间。第一个建议是高尔距离的稳健版本,它考虑到了数据的相关结构。第二种是通过相关度量缩放构建的一种相当复杂的度量,能够摒弃来自不同来源的冗余信息。另一个新颖之处是提出了一种基于距离的修剪统计量,以增强度量的稳健性。通过模拟研究评估了基于新稳健度量的模型的性能,并将其与基于欧氏、高尔和广义高尔度量的模型进行了比较。平均平方误差(也包括中位数和标准偏差)用于评估预测响应的有效性。最后,为了说明这些模型的预测能力,提供了可持续交通和金融银行领域的两个应用。计算使用 R 的 dbstats 软件包。
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引用次数: 0
Outbreak and integration of social media in public health surveillance systems: A policy review through BERT embedding technique 公共卫生监测系统中社交媒体的爆发与整合:通过 BERT 嵌入技术进行政策审查
IF 6.2 2区 经济学 Q1 ECONOMICS Pub Date : 2024-06-18 DOI: 10.1016/j.seps.2024.101995
Milena Lopreite , Michelangelo Misuraca , Michelangelo Puliga

The COVID-19 pandemic posed significant challenges for statesmen and policymakers, especially in healthcare crisis management. During the spread of emerging infectious diseases, proactive governments’ responses and real-time implementation of precautionary measures may help countries to better manage the emergency and gradually return to normality, reducing an excessive resource waste as well as safeguarding citizens’ well-being. In this context, social media platforms represents a useful tool in predicting and early detecting outbreaks, with the potential of counteracting the rapid sequence of pre-pandemic events. This paper aims to present a bibliometric study based on a BERT embedding technique to overview the literature themes on the relation between social media alerts and infectious disease spread. Our findings underline the key role of social media platforms and the urgency of setting up an integrated digital surveillance system in which social media data can help to geo-localize chains of contagion and, in general, improve the effectiveness of public health interventions.

COVID-19 大流行给政治家和决策者带来了重大挑战,尤其是在医疗危机管理方面。在新发传染病蔓延期间,政府积极应对并实时实施预防措施,可帮助各国更好地管理紧急情况并逐步恢复正常,减少过度的资源浪费并保障公民福祉。在这种情况下,社交媒体平台是预测和早期发现疫情的有用工具,有可能抵消疫情爆发前的一系列快速反应。本文旨在介绍一项基于 BERT 嵌入技术的文献计量学研究,概述社交媒体警报与传染病传播之间关系的文献主题。我们的研究结果强调了社交媒体平台的关键作用,以及建立综合数字监控系统的紧迫性,在该系统中,社交媒体数据可帮助确定传染链的地理位置,并从总体上提高公共卫生干预措施的有效性。
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引用次数: 0
Drivers of inflationary shocks and spillovers between Europe and the United States 欧洲与美国之间通胀冲击和溢出效应的驱动因素
IF 6.2 2区 经济学 Q1 Decision Sciences Pub Date : 2024-06-14 DOI: 10.1016/j.seps.2024.101977
Javier Sánchez García , Emilio Galdeano Gómez , Salvador Cruz Rambaud

This paper builds a structural econometric model to measure the impact on inflation of three shocks: a shock of disequilibrium in the energy markets, a money growth shock, and a global stochastic shock, which covers factors such as inflationary expectations and uncertainty. It is found that for the economies of Europe and the United States, the current inflationary period is dominated by the global component closely followed by energy markets in the short term and by monetary growth in the medium term. The dynamics of the model further show that the recent exponential inflationary surge of 2021 onward is mainly headed by other factors rather than energy markets or money growth, such as expectations or uncertainty. Further analysis of the spillover effects between the inflation of Europe and the United States based on endogeneity-robust econometric estimations shows that this relationship is unidirectional from the USA to Europe. In essence, this work shows that a coordinated strategy between fiscal and monetary policies is the best response to recent inflationary shocks.

本文建立了一个结构计量经济学模型来衡量三种冲击对通货膨胀的影响:能源市场失衡冲击、货币增长冲击和全球随机冲击,其中包括通货膨胀预期和不确定性等因素。研究发现,对于欧洲和美国的经济而言,当前的通胀期是由全球因素主导的,短期内紧随其后的是能源市场,中期内则是货币增长。模型的动态进一步表明,近期 2021 年以后的指数式通胀激增主要是由其他因素而非能源市场或货币增长(如预期或不确定性)主导的。基于内生性稳健计量经济学估计对欧洲和美国通胀之间溢出效应的进一步分析表明,从美国到欧洲的这种关系是单向的。从本质上讲,这项研究表明,财政政策和货币政策之间的协调策略是应对近期通胀冲击的最佳对策。
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引用次数: 0
A stochastic programming model for free-floating shared bike redistribution considering bike gathering 考虑自行车聚集的自由浮动共享自行车再分配随机编程模型
IF 6.1 2区 经济学 Q1 Decision Sciences Pub Date : 2024-06-13 DOI: 10.1016/j.seps.2024.101993
Xiaozhou He , Qingyi Wang

We study a stochastic free-floating shared bike redistribution problem, which first gathers bikes randomly scattered around the hotspots of a city and then transships the gathered bikes among the hotspots to achieve a better supply–demand balance. In the literature, the bike gathering operation and the associated stochasticity, although significant for shared bike redistribution practice, are rarely considered. To fill the gap, we propose a two-stage stochastic programming model that explicitly incorporates the bike-gathering cost with two formulations. In the planning stage, the deployment of gathering sites and the allocation of gathering staff are determined. In the operation stage, the gathering, transshipment and replenishment of shared bikes are optimized based on the decisions of the planning stage and the realization of the uncertain supply and demand of free-floating shared bikes in space. With a case study based on real data from the Mobike company in Beijing, China, we illustrate the real-world applications of our proposed model, highlight the importance of considering the cost of bike gathering when planning free-floating shared bike redistribution, and gain managerial insights for better field practices.

我们研究的是一个随机自由浮动共享单车再分配问题,首先将随机分散在城市热点地区的单车聚集起来,然后将聚集起来的单车在热点地区之间转运,以实现更好的供需平衡。在文献中,自行车聚集操作和相关的随机性虽然对共享单车再分配实践很重要,但却很少被考虑。为了填补这一空白,我们提出了一个两阶段随机编程模型,该模型明确地将单车收集成本纳入两个公式中。在规划阶段,确定收集站点的部署和收集人员的分配。在运营阶段,根据规划阶段的决策和空间自由浮动共享单车不确定供需的实现情况,对共享单车的收集、转运和补充进行优化。通过基于摩拜单车公司在中国北京的真实数据的案例研究,我们说明了所提模型在现实世界中的应用,强调了在规划自由浮动共享单车再分配时考虑单车收集成本的重要性,并为更好的现场实践获得了管理启示。
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引用次数: 0
Environmental performance of countries. Examining the effect of diverse institutional factors in a metafrontier approach 各国的环境绩效。用元疆界方法研究各种制度因素的影响
IF 6.2 2区 经济学 Q1 Decision Sciences Pub Date : 2024-06-13 DOI: 10.1016/j.seps.2024.101972
Cristian Barra , Pasquale Marcello Falcone

This study employs an innovative metafrontier methodology, inspired by Huang et al. (2014) [10], to investigate the combined impact of economic policy uncertainty, political orientation, and institutional quality on the environmental performance of 136 emergent and non-emerging countries from 1990 to 2018. Using such a parametric approach, the research evaluates countries’ efficiency both within specific geographical contexts and on an individual basis. The empirical findings reveal that North America and the Middle East & North Africa are more efficient at implementing environmental pollution-reduction technology. Furthermore, in a metafrontier scenario, economic policy uncertainty, institutional quality, and political orientation significantly affect regional environmental inefficiencies. Notably, economic policy uncertainty reduces environmental inefficiency in South Asia but improves it elsewhere, while better institutions are associated with reduced CO2 emissions and enhanced efficiency. Additionally, a left-leaning approach demonstrates a positive impact on reducing environmental inefficiencies in South Asia and Latin America & Caribbean. By shedding light on the intricate interplay between economic policies, environmental outcomes, and global disparities, this study advances our understanding and poses key research inquiries while offering potential policy implications.

受 Huang 等人(2014 年)[10] 的启发,本研究采用创新的元疆界方法,研究 1990 年至 2018 年期间经济政策不确定性、政治取向和制度质量对 136 个新兴和非新兴国家环境绩效的综合影响。利用这种参数方法,研究评估了特定地理环境下和单个国家的效率。实证研究结果表明,北美和中东及北非在实施环境污染减排技术方面效率更高。此外,在元疆界情景中,经济政策的不确定性、制度质量和政治取向对区域环境效率低下有显著影响。值得注意的是,经济政策的不确定性降低了南亚的环境低效率,但却改善了其他地区的环境低效率,而更好的制度则与减少二氧化碳排放和提高效率相关。此外,在南亚和拉丁美洲及加勒比海地区,左倾政策对降低环境效率低下有积极影响。通过揭示经济政策、环境结果和全球差距之间错综复杂的相互作用,本研究加深了我们的理解,并提出了关键的研究问题,同时提供了潜在的政策影响。
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引用次数: 0
On the road to sustainability: The role of board characteristics in driving ESG performance in Africa 可持续发展之路:董事会特征在推动非洲环境、社会和公司治理绩效方面的作用
IF 6.1 2区 经济学 Q1 Decision Sciences Pub Date : 2024-06-13 DOI: 10.1016/j.seps.2024.101994
Paolo Agnese , Francesca Romana Arduino , Emma Bruno , Gianfranco Antonio Vento

This paper investigates the relationship between board characteristics and environmental, social, and governance (ESG) performance by analyzing 109 firms listed in the African Stock Exchanges from 2016 to 2022. Our findings indicate that board independence, as well as board gender diversity and specific skills, are associated with higher levels of ESG performance. In contrast, larger boards tend to diminish ESG performance in Africa. We also found that the presence of a sustainability committee and a corporate governance committee contributes to driving positive ESG outcomes. This study provides relevant insights and yields significant implications for policymakers and companies, suggesting the need to increase sustainability concerns in their agendas to foster sustainable economic growth in Africa.

本文通过分析 2016 年至 2022 年在非洲证券交易所上市的 109 家公司,研究了董事会特征与环境、社会和治理(ESG)绩效之间的关系。我们的研究结果表明,董事会的独立性以及董事会的性别多样性和特定技能与更高水平的环境、社会和治理绩效相关。相反,在非洲,规模较大的董事会往往会降低企业的环境、社会和治理绩效。我们还发现,可持续发展委员会和公司治理委员会的存在有助于推动积极的环境、社会和公司治理成果。这项研究为政策制定者和公司提供了相关见解并产生了重要影响,表明有必要在他们的议程中增加对可持续发展的关注,以促进非洲的可持续经济增长。
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引用次数: 0
DEA-driven risk management framework for oil supply chains 尼日利亚石油业优化供应链战略的 DEA 驱动型风险管理框架
IF 6.2 2区 经济学 Q1 ECONOMICS Pub Date : 2024-06-13 DOI: 10.1016/j.seps.2024.101996

This paper develops a comprehensive risk management framework to optimise the Nigerian oil supply chain risk mitigation strategies. Given the complexities of the oil supply chain, this framework aids researchers and decision-makers in navigating innovative risk management approaches and considering the implementation of associated challenges. Data Envelopment Analysis (DEA) is initially employed to prioritise risk factors, and based on obtained results, optimal response strategies are determined. The study's findings reveal that criminality and terrorist attacks are the paramount Nigerian oil supply chain risk factors. Additionally, the research identifies practical mitigation strategies, such as risk transfer, safety planning, alternative energy carriers, improved energy efficiency, emergency rescue plans, expected shortages, and diplomatic relations. This research contributes valuable insights to both academia and industry, fostering a deeper understanding of risk dynamics in the Nigerian oil sector. The framework presented offers a powerful approach to risk management, providing a foundation for informed decision-making and strategic planning in the ever-evolving landscape of supply chain dynamics.

本文制定了一个全面的风险管理框架,以优化尼日利亚石油供应链的风险缓解战略。鉴于石油供应链的复杂性,该框架有助于研究人员和决策者探索创新的风险管理方法,并考虑实施相关的挑战。首先采用数据包络分析法(DEA)对风险因素进行优先排序,然后根据获得的结果确定最佳应对策略。研究结果表明,犯罪和恐怖袭击是尼日利亚石油供应链的首要风险因素。此外,研究还确定了切实可行的缓解策略,如风险转移、安全规划、替代能源载体、提高能源效率、应急救援计划、预期短缺和外交关系。这项研究为学术界和工业界提供了宝贵的见解,有助于加深对尼日利亚石油行业风险动态的理解。所提出的框架为风险管理提供了强有力的方法,为在不断变化的供应链动态环境中做出明智决策和战略规划奠定了基础。
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引用次数: 0
Towards net zero healthcare transport operations in Indonesia: A total cost of ownership approach 在印度尼西亚实现净零医疗运输业务:总体拥有成本法
IF 6.1 2区 经济学 Q1 Decision Sciences Pub Date : 2024-06-12 DOI: 10.1016/j.seps.2024.101985
Luluk Lusiantoro , Setyo Tri Windras Mara , Achmad Pratama Rifai

Managing transport is key to support the achievement of net zero healthcare. This study aims to assess transport options (single vs. multi-modal; electric vs. combustion) considering sustainability, efficiency, and responsiveness of the healthcare operations. To achieve the aim, we develop a mathematical model and conduct numerical experiment using a total cost of ownership (TCO) approach and a case study of blood supply chain in Yogyakarta, Indonesia. We find that electric vehicle slightly outperforms combustion vehicle both in the single and multi-modal scenarios within optimised routes. We contribute by proposing the first TCO-based transport model and simulation for multivehicle operations within the healthcare sector. This study could help hospitals and blood centres conduct scenario planning to help achieve net zero targets, which is in line with the current trend set by the government to use more electric vehicles and the scarce use of electric vehicles in healthcare operations.

交通管理是支持实现净零医疗的关键。本研究旨在评估运输方案(单式运输与多式运输;电动运输与燃烧运输),同时考虑医疗运营的可持续性、效率和响应性。为实现这一目标,我们利用总拥有成本(TCO)方法和印尼日惹血液供应链案例研究,建立了一个数学模型并进行了数值实验。我们发现,在优化路线内的单模式和多模式场景中,电动汽车的性能略优于内燃汽车。我们首次提出了基于总拥有成本的运输模型,并对医疗保健行业的多车运营进行了模拟。这项研究可以帮助医院和血液中心进行情景规划,以帮助实现净零排放目标,这与当前政府制定的使用更多电动汽车的趋势以及在医疗保健业务中使用电动汽车的稀缺性是一致的。
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引用次数: 0
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Socio-economic Planning Sciences
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