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Fiscal Policy of Economic Development: Comparative Characteristics of Ukraine and Poland 经济发展的财政政策:乌克兰与波兰的比较特征
IF 0.8 Q3 ECONOMICS Pub Date : 2021-11-02 DOI: 10.15408/etk.v20i2.22013
I. Petrunenko, R. Lavrov, V. Kuybida, Maksym Slatvinskyi, A. Zelenskyi, S. Oneshko
In order to achieve the purpose outlined, this research uses the following methods: analysis and synthesis; economic and statistical analysis and comparison; economic and mathematical; generalization. The result shows that Poland's fiscal policy aims at developing economic infrastructure and building an economic model of the state based on the manufacture of products with a high share of value-added. However, the fiscal policy of Ukraine does not have significant effects on economic development due to the use of such instruments as public debt and capital expenditures. However, the external debt dependence of the state is relatively high. Nevertheless, it proves that the fiscal policy of Ukraine does not increase the level of economic complexity and development of the processing industry through the implementation of tax benefits. It proposes to increase the efficiency of tax authorities in Ukraine in terms of combating the shadow economy, boost the share of capital expenditures and raise the level of conversion of public debt into economic growth.JEL Classification: E62, F63, H21How to Cite:Petrunenko, I., Lavrov, R., Kuybida, V., Slatvinskyi, M., & Zelenskyi, A. (2021). Fiscal Policy of Economic Development: Comparative Characteristics of Ukraine and Poland. Etikonomi, 20(2), xx– xx. https://doi.org/10.15408/etk.v20i2.22013.
为了达到所概述的目的,本研究采用了以下方法:分析与综合;经济和统计分析与比较;经济和数学;泛化。结果表明,波兰的财政政策旨在发展经济基础设施,建立以高附加值产品制造为基础的国家经济模式。然而,由于使用公共债务和资本支出等工具,乌克兰的财政政策对经济发展没有重大影响。然而,国家的外债依赖度相对较高。然而,这证明乌克兰的财政政策并没有通过实施税收优惠来提高经济的复杂程度和加工业的发展水平。它建议提高乌克兰税务机关在打击影子经济方面的效率,提高资本支出的份额,提高公共债务转化为经济增长的水平。JEL分类:E62, F63, h21如何引用:Petrunenko, I., Lavrov, R., Kuybida, V., Slatvinskyi, M., & Zelenskyi, A.(2021)。经济发展的财政政策:乌克兰与波兰的比较特征。生物工程学报,20(2),xx - xx。https://doi.org/10.15408/etk.v20i2.22013。
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引用次数: 0
The Role of Technology Usage in Mediating Intellectual Capital on SMEs Performance During the Covid-19 Era 新冠肺炎时期技术使用在智力资本对中小企业绩效的中介作用
IF 0.8 Q3 ECONOMICS Pub Date : 2021-11-02 DOI: 10.15408/etk.v20i2.20172
Faisol Faisol, Puji Astuti, Sigit Puji Winarko
This study examines technology in mediating human capital, customer capital, and organizational capital on SMEs' performance during Covid-19. To test the hypothesis, the PLS-SEM method was applied. Data collection was conducted by sharing questionnaiers to 150 owners of small industrial cluster in East Java, Indonesia.The empirical results show that human capital and technology usage directly affect significantly on SMEs' performance. Furthermore, technology usage has a significant influence in mediating human capital on firms' performance. We provide implications for using technology for practice and using a socio-technical approach by SMEs to face challenges related to their work organization in response to COVID-19 while maintaining their activities. We hope that our reflection will be a source of thought for scholars and practitioners to explore further using technology for SMEs to secure business continuity during COVID-19.JEL Classification: O2, O34, M21How to Cite:Faisol, Astuti, P., Winarko, S. P. (2021). The Role of Technology Usage in Mediating Intellectual Capital on SMEs Performance During the Covid-19 Era. Etikonomi, 20(2), xx – xx. https://doi.org/10.15408/etk.v20i2.20172.
本研究考察了新冠肺炎期间人力资本、客户资本和组织资本对中小企业绩效的中介技术。为了验证这一假设,采用了PLS-SEM方法。通过对印度尼西亚东爪哇省150个小型产业集群所有者进行问卷调查,实证结果表明,人力资本和技术使用直接影响中小企业的绩效。此外,技术使用在人力资本对企业绩效的中介作用中具有重要影响。我们为中小企业在应对新冠肺炎的同时,利用技术实践和社会技术方法应对与工作组织相关的挑战,同时保持其活动提供了启示。我们希望,我们的反思将成为学者和从业者探索在COVID-19期间进一步利用中小企业技术确保业务连续性的思想来源。JEL分类:O2,O34,M21如何引用:Faisol,Astuti,P.,Winarko,S.P.(2021)。新冠肺炎时代技术使用在中介知识资本对中小企业绩效的作用。Etikonomi,20(2),xx–xx。https://doi.org/10.15408/etk.v20i2.20172.
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引用次数: 6
The Reviews on Sustainable and Responsible Investment (SRIs) Practices According to Maqasid Shariah and Maslahah Perspectives 基于Maqasid Shariah和Maslahah视角的可持续和负责任投资(SRIs)实践综述
IF 0.8 Q3 ECONOMICS Pub Date : 2021-11-02 DOI: 10.15408/etk.v20i2.18053
Muhammad Zarunnaim HAJI WAHAB, A. Naim
The present study aims to explore SRIs practices based on Maqasid Shariah and Maslahah's points of view. A qualitative method via content analysis document was advocated to address the link between all concepts. The analysis revealed that SRIs, Maqasid Shariah and Maslahah share similar aims and goals to promote better environmental practices and social and governance issues. Thus, the paper concludes that the concept of SRIs does not contradict Maqasid Shariah and Maslahah in Islamic perspectives. However, a few criteria in the Environmental, Social and Governance (ESG) concept that govern the SRIs practices like promoting human rights, freedom of expression, and censorship need further clarification to align with Shariah principles. The paper can enlighten the reader, especially in terms of the capabilities of SRIs practices (which is from West philosophy) to suit Maqasid Shariah and Maslahah in Islamic perspectives.JEL Classification: G2, G4, I13, N2How to Cite:Wahab, M. Z. H., & Naim, A. M. (2021). The Reviews on Sustainable and Responsible Investment (SRIs) Practices According to Maqasid Shariah and Maslahah Perspectives. Etikonomi, 20(2), xx – xx. https://doi.org/10.15408/etk.v20i2.18053.
本研究旨在探讨基于Maqasid Shariah和Maslahah观点的SRI实践。提倡通过内容分析文件的定性方法来解决所有概念之间的联系。分析显示,SRI、Maqasid Shariah和Maslahah在促进更好的环境实践以及社会和治理问题方面有着相似的目标和目的。因此,本文得出的结论是,SRIs的概念与伊斯兰视角中的Maqasid Shariah和Maslahah并不矛盾。然而,环境、社会和治理(ESG)概念中管理SRI实践的一些标准,如促进人权、言论自由和审查,需要进一步澄清,以符合伊斯兰教法原则。本文可以启发读者,特别是SRI实践(来自西方哲学)在伊斯兰视角下适合Maqasid Shariah和Maslahah的能力。JEL分类:G2、G4、I13、N2如何引用:Wahab,M.Z.H和Naim,A.M.(2021)。根据Maqasid Shariah和Maslahah的观点对可持续和负责任投资(SRI)实践的审查。Etikonomi,20(2),xx–xx。https://doi.org/10.15408/etk.v20i2.18053.
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引用次数: 5
The Heterogeneous Effects of COVID-19 Outbreak on Stock Market Returns and Volatility: Evidence from Panel Quantile Regression Model 新冠肺炎疫情对股市收益率和波动性的异质性影响:来自面板分位数回归模型的证据
IF 0.8 Q3 ECONOMICS Pub Date : 2021-11-02 DOI: 10.15408/etk.v20i2.20587
Noreen Khalid, Raja Fawad Zafar, Q. Syed, Roni Bhowmik
The purpose of this study is to probe the impact of the novel coronavirus (COVID-19) outbreak on stock market returns and volatility in developed markets. We employ a panel quantile regression model to capture unobserved individual heterogeneity and distributional heterogeneity. The study's findings reveal that there is a heterogeneous impact of COVID-19 on stock market returns and volatility. More specifically, there is a negative impact of COVID-19 on stock returns in the bearish stock market; however, there is an insignificant impact of COVID-19 on stock returns in the bullish stock market. Furthermore, COVID-19 has a positive impact on stock market volatility across all quantiles.JEL Classification: G24, G30, O16How to Cite:Khalid, N., Zafar, R. F., Syed, Q. R., Bhowmik, R., & Jamil, M. (2021). The Heterogeneous Effects of COVID-19 Outbreak on Stock Market Returns and Volatility: Evidence from Panel Quantile Regression Model. Etikonomi, 20(2), xx – xx. https://doi.org/10.15408/etk.v20i2.20587.
本研究的目的是探讨新型冠状病毒(新冠肺炎)疫情对发达市场股票市场回报和波动的影响。我们采用面板分位数回归模型来捕捉未观察到的个体异质性和分布异质性。研究结果表明,新冠肺炎对股市回报和波动性的影响是异质的。更具体地说,新冠肺炎对看跌股票市场的股票回报产生了负面影响;然而,在牛市中,新冠肺炎对股票回报的影响微乎其微。此外,新冠肺炎对所有分位数的股票市场波动都有积极影响。JEL分类:G24、G30、O16如何引用:Khalid,N.、Zafar,R.F.、Syed,Q.R.、Bhowmik,R.和Jamil,M.(2021)。新冠肺炎疫情对股市收益和波动的异质性影响:来自面板分位数回归模型的证据。Etikonomi,20(2),xx–xx。https://doi.org/10.15408/etk.v20i2.20587.
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引用次数: 3
The Inductiveness of Agricultural Village-Type Cluster Creation in Developing Countries 发展中国家农业村级集群创建的诱导性
IF 0.8 Q3 ECONOMICS Pub Date : 2021-11-02 DOI: 10.15408/etk.v20i2.22014
L. Petrova, N. Glubokova, R. Akhmadeev, O. Bykanova, E. Artemova, R. Gabdulkhakov
The assessment of emerging risks is substantial risk in implementing and creating various types of clusters used in the agricultural sector of the economy. In this regard, the goal is to develop practical measures to ensure the creation of a cluster of an agricultural settlement at the regional level, taking into account various types of risk that directly affect its creation and development. The study revealed that within the framework of the policy of substitution for domestic production and marketing of agricultural products during the formation of a cluster, it would allow combining more into a standard established system from production, processing to the sale of finished agricultural products both at the local level and at the federal level. This approach will significantly harmonize the interests of all participants of the agroindustry, as well as significantly simplify and expand access to external export markets, thereby reducing the cost of marketing research. At the same time, clustering will increase the overall economic impact on individual farmers, which will have a more significant impact on the development of non-resource zonal territories employed to produce agricultural products. Therefore, it will affect the increase in jobs in small villages.JEL Classification: F63, O13, Q18How to Cite:Petrova, L. I., Glubokova, N. Y., Akhmadeev, R. G., Bykanova, O. A., Artemova, E. I., & Gabdulkhakov, R. B. (2021). The Inductiveness of Agricultural Village-Type Cluster Creation in Developing Countries. Etikonomi, 20(2), xx– xx. https://doi.org/10.15408/etk.v20i2.22014
对新出现的风险进行评估是实施和创建农业经济部门使用的各类集群的重大风险。在这方面,目标是制订切实可行的措施,确保在区域一级建立一组农业住区,同时考虑到直接影响其建立和发展的各种风险。研究表明,在形成集群期间,在替代国内生产和销售农产品的政策框架内,它将允许在地方一级和联邦一级将从生产、加工到成品农产品销售的更多内容合并为一个标准的既定系统。这一办法将大大协调农业工业所有参与者的利益,并大大简化和扩大进入外部出口市场的机会,从而减少销售研究的费用。同时,集群化会增加个体农户的整体经济影响,对非资源地带性农产品生产用地的发展影响更为显著。因此,它将影响小村庄就业的增加。JEL Classification: F63, O13, q18如何引用:Petrova, l.i, Glubokova, n.y., Akhmadeev, r.g ., Bykanova, o.a, Artemova, e.i, & Gabdulkhakov, r.b.(2021)。发展中国家农业村村式集群创建的诱导效应。生物工程学报,20(2),xx - xx。https://doi.org/10.15408/etk.v20i2.22014
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引用次数: 0
How Hotel Industry Cope up with the COVID-19: An SME Perspective 酒店行业如何应对新冠肺炎:中小企业视角
IF 0.8 Q3 ECONOMICS Pub Date : 2021-11-02 DOI: 10.15408/etk.v20i2.19172
Muhammad Nawaz Tunio, Lenny Yusrini, Z. Shah, Naveeda Katper, M. Jariko
This study aims to determine the plans and strategies adopted by the hotel industry during the COVID-19 crisis. In order to conduct this study, a qualitative research methodology was used where semi-structured interviews were conducted from three countries: Austria, Pakistan, and Indonesia. Interviews were conducted online with the help of applications such as Skype, WhatsApp, and Zoom. A thematic analysis was conducted in which codes, categories, and final themes were generated. The final themes are the study's findings, which are strategies for employees, strategies for customers, strategies for SME hotels, and strategies for the staff. Strategies for employees indicate the planning and programs of the SME Hotels. The study's findings show that strategies adopted by the hotel industries vary from country to country while depending on the contextual factors and role of the government. Most Small and Medium Enterprises (SMEs) hotels in developing countries are less familiar with how to react and survive in the conditions of the crises. Thus, this study can benefit the different stakeholders in the developed and developing countries for adopting strategies and maintain their business during the crises of the COVID-19.JEL Classification: B17, B27, F30, L83How to Cite:Tunio, M. N., Yusrini, L., Shah, Z. A., Katper, N., & Jariko, M. A. (2021). How Hotel Industry Cope Up With The Covid-19: An SME Perspective. Etikonomi, 20(2), 213 – xx. https://doi.org/10.15408/etk.v20i2.19172.
本研究旨在确定新冠肺炎危机期间酒店业采取的计划和策略。为了进行这项研究,采用了定性研究方法,对奥地利、巴基斯坦和印度尼西亚三个国家进行了半结构化访谈。面试是在Skype、WhatsApp和Zoom等应用程序的帮助下在线进行的。进行了主题分析,生成了代码、类别和最终主题。最后的主题是研究结果,包括员工策略、客户策略、中小企业酒店策略和员工策略。针对员工的策略表明了中小企业酒店的规划和计划。研究结果表明,酒店业采取的策略因国家而异,这取决于环境因素和政府的作用。发展中国家的大多数中小企业酒店不太熟悉如何在危机中做出反应和生存。因此,本研究有利于发达国家和发展中国家的不同利益相关者在新冠肺炎危机期间采取战略并维持其业务。JEL分类:B17、B27、F30、L83如何引用:Tunio,M.N.、Yusrini,L.、Shah,Z.A、Katper,N.和Jariko,M.A.(2021)。酒店业如何应对新冠肺炎:中小企业视角。Etikonomi,20(2),213–xx。https://doi.org/10.15408/etk.v20i2.19172.
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引用次数: 5
The Impact of Special Economic Zones (SEZs) on Economic Growth: Where the Absorption Capacity of Domestic Labor Stands? 经济特区对经济增长的影响:国内劳动力的吸收能力在哪里?
IF 0.8 Q3 ECONOMICS Pub Date : 2021-11-02 DOI: 10.15408/etk.v20i2.19386
Shujaa Waqar, Iftikhar Badshah, Marium Sara Minhas Bandeali, S. Ahmed
This study designs to assess and infer the effect of Special Economic Zones under China-Pakistan Economic Corridor on the economic growth of Pakistan through technological spillovers and the absorption capacity of domestic laborers. The present study develops a theoretical model and an empirical panel model to test whether the intervention of Special Economic Zones in the Asian developing countries has affected their economic growth through domestic Human Capital. For relevant results, we have employed the GMM model for the panel data set. The results indicate that the technological enhancement accumulates the economy through various other selected indicators rather than domestic labor productivity. The human capital remains inconsequent in this nexus. This condition gives us guidelines to follow pro-human capital policies to accumulate domestic human capital before the intervention from the foreign firms on our soil. Subsequently, much waited for dynamic or long-run benefits in terms of human capital can be attained rather than static effects.JEL Classification: C23, D24, J24How to Cite:Waqar, S., Badshah, I., Bandeali, M. S. M., & Ahmed, S. (2021). The Impact of Special Economic Zones (SEZs) on Economic Growth: Where the Absorption Capacity of Domestic Labor Stands?. Etikonomi, 20(2), xx – xx. https://doi.org/10.15408/etk.v20i2.19386.
本研究旨在通过技术溢出和吸收国内劳动力的能力来评估和推断中巴经济走廊下的经济特区对巴基斯坦经济增长的影响。本研究建立了理论模型和实证面板模型来检验经济特区的干预是否通过国内人力资本影响亚洲发展中国家的经济增长。对于相关结果,我们对面板数据集采用了GMM模型。结果表明,技术提升通过各种其他选定指标而不是国内劳动生产率积累经济。在这种关系中,人力资本仍然是无关紧要的。这为我国在外资企业介入之前,遵循有利于人力资本的政策积累国内人力资本提供了指导。随后,在人力资本方面可以获得许多期待已久的动态或长期利益,而不是静态效应。JEL分类:C23, D24, j24如何引用:Waqar, S., Badshah, I., Bandeali, m.s.m., & Ahmed, S.(2021)。经济特区对经济增长的影响:国内劳动力的吸收能力在哪里?生物工程学报,20(2),xx - xx。https://doi.org/10.15408/etk.v20i2.19386。
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引用次数: 0
Role of the ICT in Women Empowerment and Achieving SDGs: A Case Study of Women Labor Force in Developing Countries 信息和通信技术在增强妇女权能和实现可持续发展目标中的作用——以发展中国家女性劳动力为例
IF 0.8 Q3 ECONOMICS Pub Date : 2021-11-02 DOI: 10.15408/etk.v20i2.22045
Amna Noor, Zahid B Asghar, Haroon Sarwar, I. Arfeen
The aim of the study is to analyze the ways women are empowered through information and communication technology (ICT) and fostering the process of achieving the Sustainable Development Goals (SDGs). Women in developing countries are facing economic and social hardships and have limited access to ICT, which in turn translate into their lack of skills, lower literacy rate and restricted social engagement. Therefore, present study explores the role of ICT on women empowerment in 51 developing countries by conducting panel data modeling over the period of 2000-17. The study finds that ICT has significant and positive contribution on female labor force participation rate by Generalized Method of Moment (GMM). Control variables like GDP growth and government expenditure on education have positive and statistically significant role to enhance women empowerment. Findings of the study imply that the ICT has an impact on women empowerment and which helps in fostering the process of achieving SDGs 2030.
该研究的目的是分析通过信息通信技术(ICT)赋予妇女权力的方式,并促进实现可持续发展目标(sdg)的进程。发展中国家的妇女面临着经济和社会困难,获得信息通信技术的机会有限,这反过来又导致她们缺乏技能,识字率较低,社会参与受到限制。因此,本研究通过2000- 2017年期间的面板数据建模,探讨了信息通信技术对51个发展中国家妇女赋权的作用。通过广义矩量法(Generalized Method of Moment, GMM)研究发现,ICT对女性劳动力参与率有显著的正贡献。GDP增长和政府教育支出等控制变量对增强妇女赋权具有正的、统计显著的作用。研究结果表明,信息通信技术对增强妇女权能产生影响,有助于促进实现2030年可持续发展目标的进程。
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引用次数: 2
Industry 4.0 and Business Policy Development: Strategic Imperatives for SME Performance 工业4.0与商业政策发展:中小企业绩效的战略要求
IF 0.8 Q3 ECONOMICS Pub Date : 2021-11-02 DOI: 10.15408/etk.v20i2.20143
Normala S. Govindarajo, D. Kumar M., Erum Shaikh, Mukesh Kumar, P. Kumar
Industry 4.0 presents companies with new prospects to renovate industrial manufacturing processes and increase value creation, has promised several optimizing strategies for improved business performance. The purpose of this research is to examine the relationship between innovation capability and employee capability on organizational performance among Small and Medium Scale industries entrepreneurs. Following a positivist research philosophy with a quantitative, cross-sectional descriptive study design, the study addressed three direct and two indirect relationships in the model. The research followed the expectation Resource-Based View Theory to test the theoretical model. Following stratified random sampling, this research using 384 SME entrepreneurs from the Selangor state of Malaysia. The study applied Smart PLS-SEM to analyze the data. The results show that SME firms' innovation capability and employee capability positively correlate with business performance. The study also shows the partial mediation effect of technology change on innovation capability and business performance and employee capability and business performance. Research extends practical and theoretical implications to the stakeholders of SMEs and businesses.JEL Classification: L25, L26, L29How to Cite:Govindarajo, N. S., Kumar M, D., Shaikh, E., Kumar, M., & Kumar, P. (2021). Industry 4.0 and Business Policy Development: Strategic Imperatives for SME Performance. Etikonomi, 20(2), 213 – xx. https://doi.org/10.15408/etk.v20i2.20143.
工业4.0为企业提供了更新工业制造流程和增加价值创造的新前景,并承诺采取多项优化战略来提高业务绩效。本研究的目的是检验中小企业企业家的创新能力和员工能力对组织绩效的影响。本研究遵循实证研究哲学,采用定量、横断面描述性研究设计,探讨了模型中的三种直接关系和两种间接关系。本研究采用期望资源观理论对理论模型进行检验。本研究以马来西亚雪兰莪州384名中小企业企业家为研究对象,采用分层随机抽样方法。本研究采用智能PLS-SEM对数据进行分析。结果表明,中小企业的创新能力和员工能力与企业绩效呈正相关。研究还显示了技术变革对创新能力和经营绩效以及员工能力和经营业绩的部分中介作用。研究将实际和理论意义扩展到中小企业和企业的利益相关者。JEL分类:L25、L26、L29如何引用:Govindarajo,N.S.、Kumar M,D.、Shaikh,E.、Kumar,M.和Kumar,P.(2021)。工业4.0与商业政策制定:中小企业绩效的战略要求。Etikonomi,20(2),213–xx。https://doi.org/10.15408/etk.v20i2.20143.
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引用次数: 3
The Impact of Tax and Expenditures Policies on Income Distribution: Evidence from Pakistan 税收和支出政策对收入分配的影响:来自巴基斯坦的证据
IF 0.8 Q3 ECONOMICS Pub Date : 2021-11-02 DOI: 10.15408/etk.v20i2.18121
Suhrab Khan, Ihtisham ul Haq Padda
Tax and social expenditure policies have a crucial role in income distribution. This study explores the potential role of taxation and social expenditure policies in income redistribution in South Asia. For this purpose, empirical analysis is conducted by Fixed Effect (FE) and Instrumental Variable (IV) FE models. The analysis suggests that both taxation and social expenditures policies effectively reduce income inequality in South Asia. These findings indicate that social spending and taxation can be used as a policy tool to redistribute income in developing countries. The results also indicate that higher social spending, increased direct taxes, and more reliance on foreign debts can ameliorate the income distribution. Based on the results, it can be suggested that for this region, with the low level of taxes, direct taxes, a large informal economy, and other weak features of tax administration, more reliance on direct taxes and social expenditure policies should be the primary tool for income redistribution.JEL Classification: H2, H5, I3How to Cite:Khan, S., & Padda, I. U. H. (2021). The Impact of Tax and Social Expenditure Policies on Income Distribution: Evidence from South Asia. Etikonomi, 20(2), xx – xx. https://doi.org/10.15408/etk.v20i2.18121.
税收和社会支出政策在收入分配中起着关键作用。本研究探讨了南亚地区税收和社会支出政策在收入再分配中的潜在作用。为此,本文采用固定效应(Fixed Effect, FE)模型和工具变量(Instrumental Variable, IV)模型进行实证分析。分析表明,税收和社会支出政策都有效地减少了南亚的收入不平等。这些发现表明,社会支出和税收可以作为发展中国家收入再分配的政策工具。研究结果还表明,增加社会支出、增加直接税和更多地依赖外债可以改善收入分配。基于研究结果,该地区税收水平低、直接税、非正规经济规模大、税收管理薄弱等特点,应更多地依赖直接税和社会支出政策作为收入再分配的主要工具。JEL分类:H2, H5, i3如何引用:Khan, S., & Padda, i.u.(2021)。税收和社会支出政策对收入分配的影响:来自南亚的证据。生物工程学报,20(2),xx - xx。https://doi.org/10.15408/etk.v20i2.18121。
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引用次数: 3
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