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Unleashing entrepreneurial potential in transition economies: a comparative analysis of the impact of macro and micro policies 释放转型经济体的创业潜力:宏观和微观政策影响的比较分析
Q3 Social Sciences Pub Date : 2023-12-05 DOI: 10.17979/ejge.2023.12.2.9600
Fadil Sahiti
This study investigates the relationship between macroeconomic and microeconomic policies and entrepreneurial dynamics in two economies transitioning from planned economies to free markets, comparing them to a developed economy. Macroeconomic policies, despite not directly targeting entrepreneurship, significantly impact entrepreneurial dynamics. Conversely, microeconomic policies specifically aim to promote and enhance entrepreneurial activity. The analysis links policy quality to key entrepreneurial indicators: new firm creation, incumbent firm survival, and overall firm stock. Findings reveal that while transition economies often adopt entrepreneurship policies similar to developed nations, some remain country-specific. These policy variations manifest in distinct entrepreneurial dynamics across the economies.
本研究将两个从计划经济向自由市场转型的经济体与一个发达经济体进行比较,探讨宏观经济政策和微观经济政策与创业动态之间的关系。尽管宏观经济政策并不直接针对创业,但却对创业动态产生了重大影响。相反,微观经济政策的具体目标是促进和加强创业活动。分析将政策质量与关键的创业指标联系起来:新企业创建、在职企业存活以及企业总体存量。研究结果表明,尽管转型经济体通常采取与发达国家类似的创业政策,但有些政策仍具有国家特殊性。这些政策差异表现为各经济体之间截然不同的创业动态。
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引用次数: 0
Panel data analysis of internal conflict and income inequality 内部冲突与收入不平等的面板数据分析
Q3 Social Sciences Pub Date : 2023-06-14 DOI: 10.17979/ejge.2023.12.1.9283
Brandon Parsons, Shahdad Naghshpour
The study determines how worsening internal and external conflict affects income inequality. The paper accounts for contributing variables and analyzes panel data in an unbalanced panel of 106 countries from 1988 to 2018—the panel data model groups by development status. The econometric model uses Driscoll and Kraay standard errors to account for heteroscedasticity, cross-sectional dependence, and autocorrelation. Worsening internal conflict increases income inequality in developing countries but not in developed countries. Worsening of internal conflict by one standard deviation increases income inequality by 0.068 in developing counties. External conflict does not noticeably affect income inequality in developed or developing panels. 
这项研究确定了日益恶化的内部和外部冲突如何影响收入不平等。该论文解释了贡献变量,并分析了1988年至2018年由106个国家组成的不平衡面板的面板数据——面板数据模型按发展状况分组。计量经济学模型使用Driscoll和Kraay标准误差来解释异方差、横截面相关性和自相关。日益恶化的内部冲突加剧了发展中国家的收入不平等,但发达国家却没有。内部冲突恶化一个标准差会使发展中国家的收入不平等增加0.068。外部冲突对发达或发展中小组的收入不平等没有明显影响。
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引用次数: 3
Wagner’s hypothesis in Europe: a causality analysis with disaggregated data 瓦格纳在欧洲的假设:基于分类数据的因果分析
Q3 Social Sciences Pub Date : 2023-06-14 DOI: 10.17979/ejge.2023.12.1.9146
Ivan D. Trofimov
This paper examines Wagner hypothesis of the growth of public expenditure alongside the growth of economic activity for a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit root and Westerlund (2007) cointegration tests that account for cross-sectional dependence in the series, and three panel causality tests (Toda-Yamamoto, Dumitrescu-Hurlin and Juodis-Karavias-Sarafidis) that are suitable for mixed order of series’ integration, heterogeneous balanced panels and cases of limited evidence of cointegration. The empirical results suggested that expenditure and output variables were non-stationary in levels and stationary in the first differences; the cointegration among the variables was present; the causality was principally uni-directional (from output to public expenditure), in line with Wagner’s hypothesis, or bi-directional; the causality from public expenditure to output along Keynesian lines was limited.
本文研究了1995-2018年期间由28个欧洲经济体组成的小组的公共支出增长与经济活动增长的瓦格纳假说。使用Pesaran(2007)面板单位根和Westerlund(2007)协整检验和三个面板因果检验(Toda Yamamoto、Dumitrescu Hurlin和Juodis Karavias Sarafidis)验证了这一假设,这两个检验解释了序列中的横截面依赖性,异质均衡面板和协整证据有限的情况。实证结果表明,支出和产出变量在水平上是非平稳的,在第一差异上是平稳的;变量之间存在协整关系;因果关系主要是单向的(从产出到公共支出),符合瓦格纳的假设,或者是双向的;按照凯恩斯主义的思路,从公共支出到产出的因果关系是有限的。
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引用次数: 0
Assessing the fairness of the EU Council qualified majority voting. A voting power critical perspective of the liberal intergovernmentalist accounts 评估欧盟理事会合格多数投票的公平性。自由主义政府间主义的投票权批判视角
Q3 Social Sciences Pub Date : 2023-06-14 DOI: 10.17979/ejge.2023.12.1.9335
Oana-Andreea Ion
The Qualified Majority Voting (QMV) used by the Council of the European Union developed to a high degree of complexity from one modifying treaty to another, until the latest definition stipulated in the Treaty of Lisbon. This paper analyses this EU intra-institutional voting method using a rational choice approach and emphasizes that there are situations when not even the institutions, as rational actors, can avoid a collective irrational outcome even when they are addressing subjects such as voting power distribution. It also addresses several shortcomings of the Liberal Intergovernmentalist explanatory framework focusing on the insufficiently developed level of credible institutional commitments. The core part of the article consists in investigating several types of EU Council internal decision-making options, proposing how they can be designed to be considered in the same time fair and efficient, and in analysing how close this voting power ideal type configuration is to the current decisional system.
欧盟理事会使用的限定多数投票(QMV)从一个修改条约到另一个修改条约发展到高度复杂,直到里斯本条约规定的最新定义。本文用理性选择的方法分析了这种欧盟机构内投票方法,并强调在某些情况下,即使是作为理性行为者的机构,也无法避免集体非理性的结果,即使是在处理投票权分配等问题时。它还解决了自由主义政府间主义解释框架的几个缺点,其重点是可信的体制承诺水平不够发达。本文的核心部分包括调查几种类型的欧盟理事会内部决策选择,提出如何设计它们以同时考虑公平和高效,并分析这种投票权理想类型配置与当前决策系统的接近程度。
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引用次数: 0
Territorial diagnostics and citizen perception of municipal public management, towards an efficient reform of Local Administration 地域诊断和市民对市政公共管理的看法,促进地方行政的有效改革
Q3 Social Sciences Pub Date : 2023-06-14 DOI: 10.17979/ejge.2023.12.1.9345
Manuel Octavio Del Campo Villares, Francisco Jesús Ferreiro Seoane, Eladio Jardón Ferreiro, Miguel Molina Picazo
Spain has a population distribution dispersed in small population centres where 60% of municipalities have less than 1,000 inhabitants. This situation generates a financial and functional incapacity to guarantee the successful and efficient provision of local public services. In order to fulfil its competences and improve services, a territorial diagnosis of the investigated area is necessary to adapt the size and structure of its administration. However, the social superstructure is reluctant to change the form of administrative action, despite being perceived as slow and bureaucratic by citizens.  For this reason, this work proposes a reform to improve local economic and financial management by redesigning its administrative structure, thus achieving citizen recognition of the advantages of change. The proposal is developed through a computerised reporting model for public decision-making, the result of which is a systematic spatial report of administrative-financial decisions, which optimises decision-making and makes public management more visible.
西班牙的人口分布分散在小型人口中心,其中60%的城市人口不足1000人。这种情况造成财政和职能上的无能,无法保证成功和有效地提供地方公共服务。为了履行其职能和改善服务,必须对所调查地区进行地域性诊断,以调整其行政管理的规模和结构。然而,社会上层建筑不愿意改变行政行为的形式,尽管被公民认为是缓慢和官僚主义的。为此,本研究提出了一种改革,通过重新设计地方经济财政管理的行政结构来改善地方经济财政管理,从而使公民认识到变革的好处。该提案是通过计算机化的公共决策报告模型开发的,其结果是行政财务决策的系统空间报告,从而优化决策并使公共管理更加可见。
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引用次数: 0
Multilevel governance and Smart Specialization in EU regions: an evidence-based critical review 欧盟地区的多层次治理与智能专业化:基于证据的批判性评价
Q3 Social Sciences Pub Date : 2022-12-01 DOI: 10.17979/ejge.2022.11.2.9004
Eristian Wibisono
This paper critically reviews the literature on multilevel governance issues in support of implementing Smart Specialization policies in EU regions. Using an evidence-based critical review approach, key literature that draws on three critical concepts is explored: multilevel governance, regional innovation policy, and Smart Specialization in various governance conditions and diverse regional resources. The evidence reviewed points to the critical role of multilevel governance in implementing Smart Specialization. Effective coordination mechanisms are essential building blocks to encounter the challenges of multilevel governance for Smart Specialization. More consequential, however, are substantial synergies that are solid, harmonious, and balanced among multi-stakeholders within institutions and across levels of government. This paper contributes to the limited literature on multilevel governance in support of the Smart Specialization policy. Further studies considering different types of regions are recommended to enrich future literature.
本文批判性地回顾了支持欧盟地区实施智能专业化政策的多层次治理问题的文献。采用基于证据的批判性综述方法,探索了借鉴三个关键概念的关键文献:在不同治理条件和不同区域资源下的多级治理、区域创新政策和智能专业化。审查的证据表明,多级治理在实施智能专业化方面发挥着关键作用。有效的协调机制是应对智能专业化多层次治理挑战的重要组成部分。然而,更重要的是,在机构内和各级政府的多利益相关者之间实现稳固、和谐和平衡的实质性协同作用。本文对支持智能专业化政策的多层次治理的有限文献做出了贡献。建议对不同类型的地区进行进一步的研究,以丰富未来的文献。
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引用次数: 0
The impact of gender inequality on economic growth: an explanatory sequential mixed methods study of female labour participation in the civil service 性别不平等对经济增长的影响:公务员制度中女性劳动参与的解释性顺序混合方法研究
Q3 Social Sciences Pub Date : 2022-12-01 DOI: 10.17979/ejge.2022.11.2.8951
A. Kam, Jerry Sankay Oboh, Z. Othman, Jusoh Sufian
Gender inequality is recognised as an impediment to economic growth and development. In Nigeria, several policies have been enacted to eliminate gender inequality. However, studies show that women are grossly marginalised, exploited, and discriminated against in their socioeconomic life. This paper examines the impact of gender inequality and female labour participation in the Nigerian civil service on the economic growth of Nigeria using mix-methods. First, an estimation of the impact of gender inequality on economic growth using panel data regression, followed by content- and consistency-based analysis that examines the factors responsible for gender inequality and discrimination issues women experience in the Nigerian civil service using content- and consistency-based analysis. The findings suggest that gender inequality negatively impacts economic growth and distorts the pool of human capital available to the Nigerian civil service and recommends the use of education and outsourcing of some employment functions to eliminate it effectively.
性别不平等被认为是经济增长和发展的障碍。在尼日利亚,已经制定了一些政策来消除性别不平等。然而,研究表明,妇女在社会经济生活中被严重边缘化、剥削和歧视。本文采用混合方法研究了尼日利亚公务员队伍中的性别不平等和女性劳动力参与对尼日利亚经济增长的影响。首先,使用面板数据回归来估计性别不平等对经济增长的影响,然后是基于内容和一致性的分析,使用基于内容和连贯性的分析来检查尼日利亚公务员中女性所经历的性别不平等和歧视问题的原因。调查结果表明,性别不平等对经济增长产生了负面影响,扭曲了尼日利亚公务员可用的人力资本库,并建议利用教育和外包一些就业职能来有效消除这种现象。
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引用次数: 1
Determinants of bilateral current account balance between the Eurozone and the United States 欧元区和美国双边经常账户余额的决定因素
Q3 Social Sciences Pub Date : 2022-12-01 DOI: 10.17979/ejge.2022.11.2.8925
G. Bertsatos
Long- and short-run current account balance (CAB) determinants of the nineteen Eurozone (EZ) member states vis-a-vis the United States (US) are examined. Particularly, the competitiveness of the EZ vs the US, the relationship between the current account deficit and the budget deficit (twin deficit), and other factors determining the current account balance are studied. Quarterly data was used in a sample of the nineteen EZ member states with the US as a trading partner over the period 2008 - 2018. It is found that the CAB in the long run has a positive relationship with the real interest rate, real exchange rate, Gross Domestic Product (GDP) per capita, and exchange rate volatility, but a negative relationship with the fiscal balance. In the short run, it is notable that only the real exchange rate affects the current account balance. Finally, policy implications are discussed regarding the determinants of the current account.
研究了19个欧元区(EZ)成员国与美国(US)的长期和短期经常账户余额(CAB)决定因素。特别是,研究了EZ对美国的竞争力,经常账户赤字和预算赤字(双重赤字)之间的关系,以及决定经常账户余额的其他因素。季度数据用于2008-2018年期间以美国为贸易伙伴的19个EZ成员国的样本。研究发现,从长期来看,CAB与实际利率、实际汇率、人均国内生产总值和汇率波动率呈正相关,但与财政平衡呈负相关。从短期来看,值得注意的是,只有实际汇率才会影响经常账户余额。最后,讨论了关于经常账户决定因素的政策影响。
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引用次数: 0
Does real interest rate reduce income inequality in India? Evidence from multivariate framework analysis. 实际利率降低了印度的收入不平等吗?多变量框架分析证据。
Q3 Social Sciences Pub Date : 2022-12-01 DOI: 10.17979/ejge.2022.11.2.8652
Muhammed Ashiq Villanthenkodath, M. Mahalik
This study empirically examines the impact of real interest rate on income inequality in India within a Kuznets Curve framework considering the role of economic growth, trade openness and technological innovation as the control variables. This study employs the ARDL bounds test for validating the long-run relationship over the annual data period 1995 to 2019. The results reveal the long-run relationship between the series in India. The findings suggest that the initial increase in interest rate significantly reduces income inequality. But, in a later stage, a threshold exists for such an increased interest rate to revert the prior beneficial impact. This finding further shows that Kuznets’ inverted U-shaped hypothesis is not valid for the relationship between income inequality and real interest rate in India. It shows that the real interest rate impedes income distribution in the long run. These findings are also found to be robust using FMOLS and DOLS estimators. We find that economic growth significantly reduces income inequality, whereas trade openness promotes it. Surprisingly, technological innovation enhances income inequality, but this effect vanishes in the long-run. However, these findings suggest that policymakers in India should not ignore the impeding role of real interest rates while aiming at achieving effective income distribution between haves and have-nots in the long run.
本文以经济增长、贸易开放和技术创新为控制变量,在库兹涅茨曲线框架下实证考察了实际利率对印度收入不平等的影响。本研究采用ARDL界限检验来验证1995年至2019年年度数据期间的长期关系。结果揭示了该系列在印度的长期关系。研究结果表明,最初利率的上升显著降低了收入不平等。但是,在较晚阶段,这种加息要恢复先前的有利影响,存在一个门槛。这一发现进一步表明,库兹涅茨的倒u型假设对于印度收入不平等与实际利率之间的关系并不成立。从长期来看,实际利率阻碍了收入分配。使用FMOLS和DOLS估计器也发现这些发现是稳健的。我们发现,经济增长显著降低了收入不平等,而贸易开放则促进了收入不平等。令人惊讶的是,技术创新加剧了收入不平等,但从长期来看,这种影响会消失。然而,这些发现表明,印度的政策制定者不应忽视实际利率的阻碍作用,同时致力于实现长期有效的贫富收入分配。
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引用次数: 0
Social spending as a development tool: evidence from developing countries 社会支出作为发展工具:来自发展中国家的证据
Q3 Social Sciences Pub Date : 2022-06-28 DOI: 10.17979/ejge.2022.11.1.7385
D. Ahuja, Deepak Pandit
In this paper, we aim to study the interrelationship between social spending, economic growth, and income inequality in developing countries from the year 1990 to 2013. We observed that all the categories of social spending produced a significant reduction in income inequality. Further, the impact of health and education spending on economic growth is significant, and that of social protection is insignificant. This indicates that both health and education spending can break the trade-off between equity and efficiency, that is, it can lead to both growth and progressive distributional change. However, given the importance of social welfare measures in reducing income inequality, developing countries need to focus on active social spending like labor market reforms that can increase gross domestic product growth rate and simultaneously reduce income inequality.
在本文中,我们旨在研究1990年至2013年发展中国家的社会支出、经济增长和收入不平等之间的相互关系。我们观察到,所有类别的社会支出都显著减少了收入不平等。此外,卫生和教育支出对经济增长的影响是显著的,而社会保护的影响是微不足道的。这表明,卫生和教育支出都可以打破公平和效率之间的权衡,也就是说,它可以导致增长和渐进的分配变化。然而,鉴于社会福利措施在减少收入不平等方面的重要性,发展中国家需要专注于积极的社会支出,如劳动力市场改革,以提高国内生产总值增长率,同时减少收入不公平。
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引用次数: 1
期刊
European Journal of Government and Economics
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