Pub Date : 2024-04-23DOI: 10.28934/ea.24.57.1.pp53-60
Jelena Minović, S. Stevanović
Untreated industrial and municipal wastewater is the key factor that leads to water pollution in Serbia. The aim of the paper is to examine the impact of environmental performance (using eco-intensity indicators) of enterprises on their profitability in the period 2011-2020 in Serbia in the area of wastewater. Apart from using the panel data technique in the paper, the Generalized Method of Moments (GMM) is also used to estimate the parameters in the model. The results demonstrate that if the eco-intensity indicator increases, the profitability of an enterprise increases significantly, whereas the profitability of an enterprise decreases with the increase in the size of an enterprise. According to the results of the evaluated model, the capital intensity variable has no influence on the profitability of an enterprise. Additionally, it has been determined that the coefficient with the eco-intensity indicator is quite large, indicating the poor eco-efficiency of Serbian enterprises in the area of wastewater.
{"title":"Enterprises’ Emissions Intensity and Financial Performance in Serbia: The Case Study of Wastewater","authors":"Jelena Minović, S. Stevanović","doi":"10.28934/ea.24.57.1.pp53-60","DOIUrl":"https://doi.org/10.28934/ea.24.57.1.pp53-60","url":null,"abstract":"Untreated industrial and municipal wastewater is the key factor that leads to water pollution in Serbia. The aim of the paper is to examine the impact of environmental performance (using eco-intensity indicators) of enterprises on their profitability in the period 2011-2020 in Serbia in the area of wastewater. Apart from using the panel data technique in the paper, the Generalized Method of Moments (GMM) is also used to estimate the parameters in the model. The results demonstrate that if the eco-intensity indicator increases, the profitability of an enterprise increases significantly, whereas the profitability of an enterprise decreases with the increase in the size of an enterprise. According to the results of the evaluated model, the capital intensity variable has no influence on the profitability of an enterprise. Additionally, it has been determined that the coefficient with the eco-intensity indicator is quite large, indicating the poor eco-efficiency of Serbian enterprises in the area of wastewater.","PeriodicalId":32245,"journal":{"name":"Economic Analysis","volume":"60 15","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140666644","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}
Pub Date : 2024-04-23DOI: 10.28934/ea.24.57.1.pp61-70
Azra Branković, Sahrudin Sarajčić
The study aims to examine the causality link between Greenfield Investments, Regulatory Quality, and Economic Growth by using seven Western Balkan countries between 2003 and 2022. Johansen cointegration tests, the VECM model, and multiple empirical unit root tests are the foundation of the empirical analysis. The study's findings indicate that, in the short run, GFI-led growth in Albania and North Macedonia is supported. In the long run, the analysis backs the growth driven by GFI in Serbia and Montenegro and the growth driven by regulatory quality in Albania, Bosnia and Herzegovina, North Macedonia, Serbia, Montenegro, and Bulgaria. The findings support the growth driven by regulatory quality in most Western Balkan countries, reassuring national policymakers that encouraging improvements in regulatory quality and GFI inflows is warranted and will ultimately spur economic growth.
{"title":"Causality between Greenfield Investments, Regulatory Quality, and Economic growth: Is the Western Balkans different?","authors":"Azra Branković, Sahrudin Sarajčić","doi":"10.28934/ea.24.57.1.pp61-70","DOIUrl":"https://doi.org/10.28934/ea.24.57.1.pp61-70","url":null,"abstract":"The study aims to examine the causality link between Greenfield Investments, Regulatory Quality, and Economic Growth by using seven Western Balkan countries between 2003 and 2022. Johansen cointegration tests, the VECM model, and multiple empirical unit root tests are the foundation of the empirical analysis. The study's findings indicate that, in the short run, GFI-led growth in Albania and North Macedonia is supported. In the long run, the analysis backs the growth driven by GFI in Serbia and Montenegro and the growth driven by regulatory quality in Albania, Bosnia and Herzegovina, North Macedonia, Serbia, Montenegro, and Bulgaria. The findings support the growth driven by regulatory quality in most Western Balkan countries, reassuring national policymakers that encouraging improvements in regulatory quality and GFI inflows is warranted and will ultimately spur economic growth.","PeriodicalId":32245,"journal":{"name":"Economic Analysis","volume":"128 30","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140668903","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}
Pub Date : 2024-04-18DOI: 10.28934/ea.24.57.1.pp36-52
Elisa Aprilia, A. Hidayat, I. Asngari
The primary objective of this study is to examine the causal relationships among exchange rates, economic growth, and inflation in Indonesia. The data used in this research is secondary data with time series data for the period 2000 to 2019, obtained from the Bank Indonesia, Indonesia Central Bureau of Statistics, and World Bank. The method used in this research is Granger Causality. The outcomes of the analysis reveal a bidirectional causal relationship between economic growth and the exchange rate in the short term, as well as between inflation and the exchange rate. An appreciation of a country's exchange rate of one percent has an impact on changes in the overall price of goods, while an increase in the inflation rate causes a depreciation of the exchange rate. The relationship between inflation and economic growth shows that there is a one-way causal relationship, namely that inflation affects economic growth but not vice versa. These findings have significant policy implications, indicating that the Indonesian government needs to prioritize efforts to control inflation to support sustainable economic growth. Therefore, it is necessary to implement appropriate monetary and fiscal policies to maintain price stability and encourage balanced economic growth in Indonesia.
{"title":"Causality Between Exchange Rates, Economic Growth and Inflation in Indonesia","authors":"Elisa Aprilia, A. Hidayat, I. Asngari","doi":"10.28934/ea.24.57.1.pp36-52","DOIUrl":"https://doi.org/10.28934/ea.24.57.1.pp36-52","url":null,"abstract":"The primary objective of this study is to examine the causal relationships among exchange rates, economic growth, and inflation in Indonesia. The data used in this research is secondary data with time series data for the period 2000 to 2019, obtained from the Bank Indonesia, Indonesia Central Bureau of Statistics, and World Bank. The method used in this research is Granger Causality. The outcomes of the analysis reveal a bidirectional causal relationship between economic growth and the exchange rate in the short term, as well as between inflation and the exchange rate. An appreciation of a country's exchange rate of one percent has an impact on changes in the overall price of goods, while an increase in the inflation rate causes a depreciation of the exchange rate. The relationship between inflation and economic growth shows that there is a one-way causal relationship, namely that inflation affects economic growth but not vice versa. These findings have significant policy implications, indicating that the Indonesian government needs to prioritize efforts to control inflation to support sustainable economic growth. Therefore, it is necessary to implement appropriate monetary and fiscal policies to maintain price stability and encourage balanced economic growth in Indonesia.","PeriodicalId":32245,"journal":{"name":"Economic Analysis","volume":" 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140686983","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}
Pub Date : 2024-01-17DOI: 10.28934/ea.24.57.1.pp1-19
M. Paunović, Dijana Štrbac, Lazar Živković
This study presents and evaluates the development of research on intellectual capital (IC) using bibliometric analysis of highly cited research papers. It also uses social network analysis (SNA) to decipher the complex patterns of collaboration, influence, and knowledge diffusion in the field of IC research. Data for the SNA were extracted from the top 1% of highly cited papers identified through bibliometric analysis. The extracted data were processed using BibExcel, which allowed for the extraction of important metadata, statistical calculations, and an in-depth examination of the selected documents. Pajek, a network analysis tool, was used to visualize and understand the complex network of these influential articles. Our analysis shows the evolution of intellectual capital from a niche interest in the mid-20th century to a dynamically growing field of study. The number of publications increased from double digits in the early 1990s to over a hundred publications per year in the early 2000s. From the mid-2000s to the present, the field experienced almost exponential growth, peaking in 2022 with 796 publications. Analysis of the 103 most cited papers in intellectual capital identified a total of 212 authors. Remarkably, 92% of these authors contributed to only one publication each. The co-authorship analysis unveils a decentralized structure characterized by several smaller research clusters embedded within the broader network. The results of this study enhance our comprehension of intellectual capital research by identifying influential authors, highly cited journals, and co-publication networks, thereby providing valuable insights into the field's dynamics.
{"title":"The Evolution of Intellectual Capital Research – a Bibliometric Analysis of Highly-cited Papers","authors":"M. Paunović, Dijana Štrbac, Lazar Živković","doi":"10.28934/ea.24.57.1.pp1-19","DOIUrl":"https://doi.org/10.28934/ea.24.57.1.pp1-19","url":null,"abstract":"This study presents and evaluates the development of research on intellectual capital (IC) using bibliometric analysis of highly cited research papers. It also uses social network analysis (SNA) to decipher the complex patterns of collaboration, influence, and knowledge diffusion in the field of IC research. Data for the SNA were extracted from the top 1% of highly cited papers identified through bibliometric analysis. The extracted data were processed using BibExcel, which allowed for the extraction of important metadata, statistical calculations, and an in-depth examination of the selected documents. Pajek, a network analysis tool, was used to visualize and understand the complex network of these influential articles. Our analysis shows the evolution of intellectual capital from a niche interest in the mid-20th century to a dynamically growing field of study. The number of publications increased from double digits in the early 1990s to over a hundred publications per year in the early 2000s. From the mid-2000s to the present, the field experienced almost exponential growth, peaking in 2022 with 796 publications. Analysis of the 103 most cited papers in intellectual capital identified a total of 212 authors. Remarkably, 92% of these authors contributed to only one publication each. The co-authorship analysis unveils a decentralized structure characterized by several smaller research clusters embedded within the broader network. The results of this study enhance our comprehension of intellectual capital research by identifying influential authors, highly cited journals, and co-publication networks, thereby providing valuable insights into the field's dynamics.","PeriodicalId":32245,"journal":{"name":"Economic Analysis","volume":"13 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139527444","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}
Pub Date : 2023-12-18DOI: 10.28934/ea.23.56.2.pp84-100
Mrdjan Mladjan, Dušan Marković
Moral capital is of great importance for both the economic and non-economic well-being of a society. However, moral capital is likely to erode during transitions, especially economic ones. The aim of the work is to determine the mechanisms through which the economic and political transition contributes to the erosion of moral capital, but also which measures can affect the rebuilding of moral capital. Analyzing individual cases, especially in Serbia, we draw general conclusions about the impact of economic and political transition on the decline of moral capital in transition countries. In this paper, we argue that the processes put in motion during economic and political transitions that lead to loss of moral capital are likely to result in a new equilibrium state. This state is characterized by the migration of the bearers of moral capital both to the margins of society and out of society and is highly unlikely to be reversed without a focused intervention by the state and society. We further argue that economic theory could both offer a justification for such an intervention and inform on the most effective way to conduct it. This is because the loss of moral capital can be seen as an instance of market failure in transition, one in which parts of the transitional elite are imposing a negative externality on the rest of society. Internalizing this externality -by making the culprits responsible could make the transition more successful; it would benefit justice and prosperity not only in the current economic transition but also in the future restructuring of the national economy and society. We argue that measures to restore moral capital ought to combine monetary transfers, improvement of institutional framework, and immaterial incentives with the aim of initiating processes that could benefit the whole society. Legally required monetary transfers should repair direct damage caused by corrupt actions, but should not benefit any particular individual, while immaterial incentives should be initiated both by the state and the wider society. We found out that activities of transition elites contribute to negative externalities, such as deterioration of moral capital, which results in less social and economic well-being. Additionally, we propose measures which can contribute to the internalization of these externalities.
{"title":"Moral Capital as an Element of Successful Transitions","authors":"Mrdjan Mladjan, Dušan Marković","doi":"10.28934/ea.23.56.2.pp84-100","DOIUrl":"https://doi.org/10.28934/ea.23.56.2.pp84-100","url":null,"abstract":"Moral capital is of great importance for both the economic and non-economic well-being of a society. However, moral capital is likely to erode during transitions, especially economic ones. The aim of the work is to determine the mechanisms through which the economic and political transition contributes to the erosion of moral capital, but also which measures can affect the rebuilding of moral capital. Analyzing individual cases, especially in Serbia, we draw general conclusions about the impact of economic and political transition on the decline of moral capital in transition countries. In this paper, we argue that the processes put in motion during economic and political transitions that lead to loss of moral capital are likely to result in a new equilibrium state. This state is characterized by the migration of the bearers of moral capital both to the margins of society and out of society and is highly unlikely to be reversed without a focused intervention by the state and society. We further argue that economic theory could both offer a justification for such an intervention and inform on the most effective way to conduct it. This is because the loss of moral capital can be seen as an instance of market failure in transition, one in which parts of the transitional elite are imposing a negative externality on the rest of society. Internalizing this externality -by making the culprits responsible could make the transition more successful; it would benefit justice and prosperity not only in the current economic transition but also in the future restructuring of the national economy and society. We argue that measures to restore moral capital ought to combine monetary transfers, improvement of institutional framework, and immaterial incentives with the aim of initiating processes that could benefit the whole society. Legally required monetary transfers should repair direct damage caused by corrupt actions, but should not benefit any particular individual, while immaterial incentives should be initiated both by the state and the wider society. We found out that activities of transition elites contribute to negative externalities, such as deterioration of moral capital, which results in less social and economic well-being. Additionally, we propose measures which can contribute to the internalization of these externalities.","PeriodicalId":32245,"journal":{"name":"Economic Analysis","volume":"99 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139174469","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}
Pub Date : 2023-12-12DOI: 10.28934/ea.23.56.2.pp68-83
Rosa Mehrabi
The idea of sustainable development as a whole gave rise to the concept of sustainable finance in recent decades. It illustrates how financial markets address the current and upcoming economic, social, and environmental issues. This study reviews the literature on sustainable finance and how it relates to venture capital and entrepreneurial finance research topics. As part of the research process, a Systematic and methodical assessment and analysis of the literature was carried out. The results present comprehensive summaries of the main themes and frameworks, as well as the opportunities, challenges, strengths, and weaknesses of the fields. It also highlights the interaction between sustainable finance and venture capital in supporting innovation and sustainability in entrepreneurship. The main paper's contribution is to identify sustainable finance as a process that operates at multiple levels. It indicates that a shift in the financial paradigm from profit maximization to sustainability facilitation is required to attain sustainable development at the level of private financial markets and sustainable entrepreneurship. According to the findings, venture capital funds are major participants in the private financial sector, supporting entrepreneurial startups and playing a key role in sustainable finance by promoting a culture of innovation, resource efficiency, and sustainability among entrepreneurial ventures. The paper cites critical review as the source of these arguments. Finally, through applying this comprehensive critical analysis, several gaps in the existing literature have been identified and discussed.
{"title":"Systematic Literature Review of Sustainable Finance: Implications for Entrepreneurial Finance through Venture Capitals (VC)","authors":"Rosa Mehrabi","doi":"10.28934/ea.23.56.2.pp68-83","DOIUrl":"https://doi.org/10.28934/ea.23.56.2.pp68-83","url":null,"abstract":"The idea of sustainable development as a whole gave rise to the concept of sustainable finance in recent decades. It illustrates how financial markets address the current and upcoming economic, social, and environmental issues. This study reviews the literature on sustainable finance and how it relates to venture capital and entrepreneurial finance research topics. As part of the research process, a Systematic and methodical assessment and analysis of the literature was carried out. The results present comprehensive summaries of the main themes and frameworks, as well as the opportunities, challenges, strengths, and weaknesses of the fields. It also highlights the interaction between sustainable finance and venture capital in supporting innovation and sustainability in entrepreneurship. The main paper's contribution is to identify sustainable finance as a process that operates at multiple levels. It indicates that a shift in the financial paradigm from profit maximization to sustainability facilitation is required to attain sustainable development at the level of private financial markets and sustainable entrepreneurship. According to the findings, venture capital funds are major participants in the private financial sector, supporting entrepreneurial startups and playing a key role in sustainable finance by promoting a culture of innovation, resource efficiency, and sustainability among entrepreneurial ventures. The paper cites critical review as the source of these arguments. Finally, through applying this comprehensive critical analysis, several gaps in the existing literature have been identified and discussed. \u0000 ","PeriodicalId":32245,"journal":{"name":"Economic Analysis","volume":"7 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139007793","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}
Pub Date : 2023-12-07DOI: 10.28934/ea.23.56.2.pp54-67
Valentina Vukmirović, Boban Nedeljković
This paper investigates the impact of Covid-19 on labor income changes of employees in Serbia. The research was conducted on a representative sample of 3,044 individuals using the CATI method in Serbia. Employees' labor income was recorded by collecting data on wages before and nine months after the onset of the Covid-19 pandemic. To obtain the difference, we calculated the percentage change in labor income. There was no significant gender difference in the percentage change of income, while there was a difference regarding education level. Employees with primary education experienced an average percentage increase in salary of 7.6%. The analysis revealed a significant interaction between gender and education, indicating that men with primary education had an average increase of 12.8%. Our results showed that employees who could not perform their job from home had an average percentage increase of 2.9% in labor income. The employment sector also had an effect on percentage changes in salary. The construction and agriculture, forestry, and fishery sectors had an average percentage labor income increase of 12.6% and 11.5%, respectively, while employees in the sector of other service activities experienced an average percentage decrease of 7.9%. In conclusion, this study sheds light on the diverse effects of the Covid-19 pandemic on labor income, emphasizing the importance of considering gender, education, remote work possibilities, and the employment sector.
{"title":"How Covid-19 affected labor income in Serbia? An exploration of gender, education, the possibility to work from home, and the employment sector differences","authors":"Valentina Vukmirović, Boban Nedeljković","doi":"10.28934/ea.23.56.2.pp54-67","DOIUrl":"https://doi.org/10.28934/ea.23.56.2.pp54-67","url":null,"abstract":"This paper investigates the impact of Covid-19 on labor income changes of employees in Serbia. The research was conducted on a representative sample of 3,044 individuals using the CATI method in Serbia. Employees' labor income was recorded by collecting data on wages before and nine months after the onset of the Covid-19 pandemic. To obtain the difference, we calculated the percentage change in labor income. There was no significant gender difference in the percentage change of income, while there was a difference regarding education level. Employees with primary education experienced an average percentage increase in salary of 7.6%. The analysis revealed a significant interaction between gender and education, indicating that men with primary education had an average increase of 12.8%. Our results showed that employees who could not perform their job from home had an average percentage increase of 2.9% in labor income. The employment sector also had an effect on percentage changes in salary. The construction and agriculture, forestry, and fishery sectors had an average percentage labor income increase of 12.6% and 11.5%, respectively, while employees in the sector of other service activities experienced an average percentage decrease of 7.9%. In conclusion, this study sheds light on the diverse effects of the Covid-19 pandemic on labor income, emphasizing the importance of considering gender, education, remote work possibilities, and the employment sector.","PeriodicalId":32245,"journal":{"name":"Economic Analysis","volume":"56 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138983765","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}
Pub Date : 2023-10-31DOI: 10.28934/ea.23.56.2.pp39-53
Marija Lazarević, Marija Mosurović Ružičić
The innovative capacity of an organisation is determined by numerous factors which operate in the external and internal environment. Without diminishing the role and importance of external environment factors, the focus of this paper is the analysis of the impact of the organisational structure and culture, which are the elements of the internal environment, on the innovative behaviour of organisations. The paper starts from the assumption that business innovation is under a strong influence of the abovementioned elements, bearing in mind that the influence can be both positive and negative depending on the dimensions of the organisational structure and the values promoted by the organisational culture. The findings in the paper can contribute to the existing literature to interpret the nature of the relationship between the organisational structure and culture and the innovative ability of a company; as well as to find the way how to improve the existing business innovation practice based on the creation of the organisational design that encourages workplace creativity and innovation.
{"title":"Organizational Structure and Organizational Culture","authors":"Marija Lazarević, Marija Mosurović Ružičić","doi":"10.28934/ea.23.56.2.pp39-53","DOIUrl":"https://doi.org/10.28934/ea.23.56.2.pp39-53","url":null,"abstract":"The innovative capacity of an organisation is determined by numerous factors which operate in the external and internal environment. Without diminishing the role and importance of external environment factors, the focus of this paper is the analysis of the impact of the organisational structure and culture, which are the elements of the internal environment, on the innovative behaviour of organisations. The paper starts from the assumption that business innovation is under a strong influence of the abovementioned elements, bearing in mind that the influence can be both positive and negative depending on the dimensions of the organisational structure and the values promoted by the organisational culture. The findings in the paper can contribute to the existing literature to interpret the nature of the relationship between the organisational structure and culture and the innovative ability of a company; as well as to find the way how to improve the existing business innovation practice based on the creation of the organisational design that encourages workplace creativity and innovation.","PeriodicalId":32245,"journal":{"name":"Economic Analysis","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135977577","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}
Pub Date : 2023-10-13DOI: 10.28934/ea.23.56.2.pp28-38
Marcelle De la Roche, Vladimir Simović
This research represents one of the first literature reviews of remote work opportunities for persons with disabilities. Given the fact that persons with disabilities represent almost 15% of the total world population and that this category of people is facing huge challenges in terms of employment inclusion and risk of poverty, it is obvious that remote work arrangements provide excellent employment opportunities for persons with disabilities. This argument in combination with enormous growth of the remote work platforms and digital entrepreneurship, represents a key reason for the rising interest of the research community in this topic. The aim of this research was to identify the current state of the academic literature in the area of remote work opportunities and persons with disabilities and to identify gaps in our current understanding of this field, as a basis for some future research recommendations. Insight, critique and transformative redefinition of the current academic literature on remote work and persons with disabilities was applied to analyze and synthesize the literature. In total, around 80 articles were analyzed by theoretical focus, methodology, time, and geography. Google Scholar search was conducted during December 2022 using a comprehensive search strategy built around the following major topics: 1. persons with disabilities in the labor market, 2. remote work and the persons with disabilities, and 3. remote work capacity of the persons with disabilities. The results of this research show that the research on remote work capacity of the persons with disabilities is fragmented and that more studies, covering different aspects of remote work opportunities for persons with disabilities are needed, especially those which will be quantitative in their nature and more integrative. This research has contributed towards better understanding of the literature gaps in regards to remote work opportunities for the persons with disabilities and pointing to some future research directions such as skills and competences of the persons with disabilities for remote work, the challenges of remote work for persons with disabilities, and the requirements of the remote work platforms and other remote work opportunities.
{"title":"Remote Work Opportunities for the Persons with Disabilities","authors":"Marcelle De la Roche, Vladimir Simović","doi":"10.28934/ea.23.56.2.pp28-38","DOIUrl":"https://doi.org/10.28934/ea.23.56.2.pp28-38","url":null,"abstract":"This research represents one of the first literature reviews of remote work opportunities for persons with disabilities. Given the fact that persons with disabilities represent almost 15% of the total world population and that this category of people is facing huge challenges in terms of employment inclusion and risk of poverty, it is obvious that remote work arrangements provide excellent employment opportunities for persons with disabilities. This argument in combination with enormous growth of the remote work platforms and digital entrepreneurship, represents a key reason for the rising interest of the research community in this topic. The aim of this research was to identify the current state of the academic literature in the area of remote work opportunities and persons with disabilities and to identify gaps in our current understanding of this field, as a basis for some future research recommendations. Insight, critique and transformative redefinition of the current academic literature on remote work and persons with disabilities was applied to analyze and synthesize the literature. In total, around 80 articles were analyzed by theoretical focus, methodology, time, and geography. Google Scholar search was conducted during December 2022 using a comprehensive search strategy built around the following major topics: 1. persons with disabilities in the labor market, 2. remote work and the persons with disabilities, and 3. remote work capacity of the persons with disabilities. The results of this research show that the research on remote work capacity of the persons with disabilities is fragmented and that more studies, covering different aspects of remote work opportunities for persons with disabilities are needed, especially those which will be quantitative in their nature and more integrative. This research has contributed towards better understanding of the literature gaps in regards to remote work opportunities for the persons with disabilities and pointing to some future research directions such as skills and competences of the persons with disabilities for remote work, the challenges of remote work for persons with disabilities, and the requirements of the remote work platforms and other remote work opportunities.","PeriodicalId":32245,"journal":{"name":"Economic Analysis","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135923252","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}
Pub Date : 2023-10-10DOI: 10.28934/ea.23.56.2.pp19-27
Miloš Pjanić, Miloš Đaković, Branimir Kalaš
Indebtedness and its level are one of the most important indicators of the healthy operation of every company. In this study, the authors deal with the analysis of the influence of certain selected internal factors on the level of indebtedness of agricultural enterprises in Serbia. Only large agricultural enterprises were taken as a sample, and the sample itself includes 5702 observations and 87 companies. The subject of the analysis is the annual panel data of large agricultural companies, and the analysis period covers from 2015 to 2021. In the analysis, the authors used the debt-to-asset indicator as a representative of the company's indebtedness, and it represents the only dependent variable. As independent variables, the authors used indicators of general liquidity, return on capital, return on assets, EBIT level, and equity level. The authors used several diagnostic tests to establish the validity of the regression model. To obtain the results, the authors used the POLS model, the fixed effects model, and the random effects model to determine the influence of independent variables on indebtedness. The results indicated the statistical significance and negative impact of indicators of general liquidity, return on capital, and the level of own capital on the level of indebtedness. The contribution of this paper is that it provides an insight into the relationship of certain internal factors to indebtedness, as well as helps in determining the best level of the relationship between the use of debt and own funds in the financing of the company.
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