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The Impact of Institutions on Economic and Environmental Performance: Evidence From Europe 制度对经济和环境绩效的影响:来自欧洲的证据
IF 1 Q2 Economics, Econometrics and Finance Pub Date : 2022-12-01 DOI: 10.2478/jeb-2022-0019
Maria Panteli, Sofia Delipalla
Abstract Within the Environmental Kuznets Curve framework, we investigate whether the effect of institutions on environmental quality differs among the Western Balkans, the other European post-socialist states, and Western Europe. We estimate both direct and indirect effects of institutions on air pollution for each respective sub-sample and for the whole European region (45 countries during 1996-2014). The negative direct effect is greater for non-post-socialist states, compared to post-socialist ones. Regarding the indirect effect, improving the quality of economic institutions induces an increase in the scale of economic activity, leading to an increase in CO2 emissions per capita. Estimated elasticities of CO2 emissions with respect to institutions, for all sub-groups, uncover a total positive effect, which is larger for Central-eastern and South-eastern European states. Improving the quality of institutions should go hand in hand with stricter formation and implementation of policies designed to decouple economic growth from CO2 emissions.
在环境库兹涅茨曲线框架内,我们研究了制度对环境质量的影响在西巴尔干、其他欧洲后社会主义国家和西欧之间是否存在差异。我们估计了制度对每个子样本和整个欧洲地区(1996-2014年期间的45个国家)空气污染的直接和间接影响。与后社会主义国家相比,非后社会主义国家的直接负面影响更大。在间接效应方面,经济制度质量的提高导致经济活动规模的增加,从而导致人均二氧化碳排放量的增加。对于所有亚组而言,相对于机构的二氧化碳排放弹性估计揭示了总体的积极影响,对中东部和东南欧国家的影响更大。在提高制度质量的同时,应更严格地制定和实施旨在使经济增长与二氧化碳排放脱钩的政策。
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引用次数: 1
Profile and Financial Behaviour of Crypto Adopters – Evidence from Macedonian Population Survey 加密货币使用者的概况和财务行为——来自马其顿人口调查的证据
IF 1 Q2 Economics, Econometrics and Finance Pub Date : 2022-12-01 DOI: 10.2478/jeb-2022-0022
Nikola Levkov, Irena Bogoevska-Gavrilova, Milica Trajkovska
Abstract Regulators and policymakers in many developing countries are facing challenges on how to create opportunities for the crypto industry to grow, but at the same time protect investors and consumers. This study aims to better understand the demographic and socio-economic characteristics of crypto adopters and their financial behavior. Our study advances the knowledge within an array of recent contributions to the token economy and covers the geographical and contextual research gaps through survey data from a developing country in South Eastern Europe. We use descriptive statistics and chi-square analysis and we find that Macedonian crypto-adopters are more men of younger age, employed, with higher education and living in their own apartments in an urban area, and are mainly passive investors. We compare the findings with studies from other countries to provide valuable insights for policymakers and regulators.
许多发展中国家的监管机构和政策制定者正面临着如何为加密行业创造发展机会,同时保护投资者和消费者的挑战。本研究旨在更好地了解加密货币采用者的人口和社会经济特征及其金融行为。我们的研究在最近对代币经济的一系列贡献中推进了知识,并通过来自东南欧一个发展中国家的调查数据涵盖了地理和背景研究差距。我们使用描述性统计和卡方分析发现,马其顿的加密货币采用者更多是年龄较小、有工作、受过高等教育、在城市地区住在自己的公寓里的男性,主要是被动投资者。我们将研究结果与其他国家的研究结果进行比较,为政策制定者和监管者提供有价值的见解。
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引用次数: 0
The Impact of Knowledge Management on the Economic Indicators of the Companies 知识管理对企业经济指标的影响
IF 1 Q2 Economics, Econometrics and Finance Pub Date : 2022-12-01 DOI: 10.2478/jeb-2022-0013
M. Markič, Željko Požega, B. Crnković
Abstract This paper analyzes the impact of knowledge management on the organizational performance of companies measured through previously defined economic indicators. Knowledge management in the company is observed through the factors that make up a knowledge management system, namely: business processes, people (employees), and information technology, while the same has been done for economic indicators through indicators of liquidity, indebtedness, activity, economic efficiency, and profitability. Knowledge management as a variable is described by ordinal data, while the business indicator variable is described by quantitative, real data. Research shows that most large companies have built-in elements of knowledge management, some medium-sized companies are involved in this process, and most small companies have not developed management strategies in which knowledge management exists as an important factor. The research also proves that there is a positive correlation between knowledge management and economic indicators, i.e., in other words, the research shows that knowledge management has a positive impact on reducing indebtedness and increasing liquidity, activity, economic efficiency, and profitability.
摘要本文分析了知识管理对通过先前定义的经济指标衡量的公司组织绩效的影响。公司的知识管理是通过构成知识管理系统的因素来观察的,即:业务流程、人员(员工)和信息技术,而经济指标也通过流动性、负债、活动、经济效率和盈利能力等指标来观察。知识管理作为一个变量用有序数据来描述,而业务指标变量用定量的真实数据来描述。研究表明,大多数大公司都有内置的知识管理元素,一些中型公司也参与了这一过程,而大多数小公司还没有制定出将知识管理作为重要因素存在的管理策略。研究还证明,知识管理与经济指标之间存在正相关关系,也就是说,研究表明,知识管理对减少负债和增加流动性、活动、经济效率和盈利能力具有积极影响。
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引用次数: 2
An Up-to-Date Overview of The Motivation-Performance Relationship: A Study on the Bosnian Banking Sector 激励-绩效关系的最新综述——对波斯尼亚银行业的研究
IF 1 Q2 Economics, Econometrics and Finance Pub Date : 2022-12-01 DOI: 10.2478/jeb-2022-0017
Fahri Dede, S. Kuşakcı
Abstract This study aimed to examine the effect of motivation on work performance. A quantitative research was conducted with the participation of 188 employees working at Ziraat Bank of Bosnia-Herzegovina through a questionnaire consisting of demographic information form, performance, and motivation scales. The study concluded that gender, age, and duration of service in the current institution did not significantly affect performance and motivation. However, education level, marital status, income level, and total work experience made a significant difference in task performance, motivation, intrinsic motivation, and extrinsic motivation, respectively. Moreover, while a moderately positive relationship was found between task performance and intrinsic motivation, contextual performance was determined to be associated with intrinsic and extrinsic motivation moderately and weakly, respectively. On the other hand, work performance had a moderate positive relationship with job motivation. According to the result of regression analysis, job performance is affected positively by intrinsic and negatively by extrinsic motivation.
摘要本研究旨在检验动机对工作绩效的影响。通过一份由人口统计信息表、绩效和动机量表组成的问卷,对波斯尼亚和黑塞哥维那Ziraat银行的188名员工进行了定量研究。该研究得出的结论是,性别、年龄和在当前机构的服务时间对绩效和动机没有显著影响。然而,教育水平、婚姻状况、收入水平和总工作经验分别在任务表现、动机、内在动机和外在动机方面存在显著差异。此外,虽然任务表现和内在动机之间存在适度的正相关关系,但情境表现分别与内在动机和外在动机适度和微弱相关。另一方面,工作表现与工作动机呈中度正相关。回归分析结果表明,工作绩效受到内在动机的正向影响,而受到外在动机的负向影响。
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引用次数: 1
Perceptions of Corruption and Informality Among Businesspeople 商人对腐败和非正规的认识
IF 1 Q2 Economics, Econometrics and Finance Pub Date : 2022-12-01 DOI: 10.2478/jeb-2022-0014
B. Frey, B. Škrinjarić, Jelena Budak
Abstract This research assesses perception of corruption in business-to-business and business-to-government interactions by using empirical evidence from Serbia. Based on the survey data, it captures the perceptions of corruption of business owners and managers of small and medium enterprises (SMEs) and examines their attitudes towards informal, licit, or illicit, business practices. The typology of SMEs according to their opinion on corruption- and institutional-related obstacles resulted in three different clusters, based on several variables. Moreover, empirical findings show that business is not much hindered by regulations but with a common lack of trust in institutions, crime, and perceived corruption. SMEs are perceived as particularly affected by a negative corrupt environment where large companies are seen as the source of corruption. The findings allow for the creation of lawful and incorruptible business policies, as well as ideas on preventing the common practice of illicit trading with job positions in the public sector.
本研究通过使用来自塞尔维亚的经验证据,评估了企业对企业和企业对政府互动中的腐败感知。根据调查数据,它捕捉了中小企业(sme)企业主和管理人员对腐败的看法,并调查了他们对非正式、合法或非法商业行为的态度。根据中小企业对腐败和制度相关障碍的看法,中小企业的类型基于几个变量导致了三种不同的集群。此外,实证研究结果表明,监管对商业的阻碍并不大,但对机构、犯罪和腐败普遍缺乏信任。中小企业被认为特别受到负面腐败环境的影响,大公司被视为腐败之源。调查结果有助于制定合法和廉洁的商业政策,以及防止利用公共部门职位进行非法交易的常见做法的想法。
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引用次数: 1
Formal Institutional Failings and Informal Employment: Evidence from the Western Balkans 正式制度的失败和非正式就业:来自西巴尔干的证据
IF 1 Q2 Economics, Econometrics and Finance Pub Date : 2022-12-01 DOI: 10.2478/jeb-2022-0016
C. Williams, Ardiana Gashi
Abstract Institutional theory has explained informal employment to result from formal institutional failings. The aim of this paper is to identify the formal institutional failings associated with informal employment so that action can be taken by governments. Using the Tobit model for econometric analysis and reporting conditional and unconditional marginal effects of the 2021 Balkans Business Barometer survey conducted in six Western Balkan economies (Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Montenegro and Serbia), the contribution of this paper is to reveal that the perceived incidence and share of informal employment is significantly associated with businesses perceiving governance, public integrity and corruption as very negative or negative, the perception that the government does not consider business concerns and business dissatisfaction with public services. However, the perceived incidence and share of informal employment is not significantly associated with the views of business on tax rates and tax administration, or the perceived instability and lack of predictability of government. The theoretical and policy implications are then discussed.
摘要制度理论解释了非正规就业是由正规制度缺陷引起的。本文的目的是找出与非正规就业相关的正式制度缺陷,以便政府采取行动。使用Tobit模型进行计量经济学分析,并报告在六个西巴尔干经济体(阿尔巴尼亚、波斯尼亚和黑塞哥维那、科索沃、北马其顿、黑山和塞尔维亚)进行的2021年巴尔干商业晴雨表调查的有条件和无条件边际效应,本文的贡献在于揭示了非正规就业的感知发生率和份额与企业将治理、公共诚信和腐败感知为非常负面或消极,即政府不考虑企业关切和企业对公共服务的不满显著相关。然而,非正规就业的发生率和份额与企业对税率和税收管理的看法,或与政府的不稳定和缺乏可预测性的看法没有显著联系。然后讨论了理论和政策含义。
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引用次数: 2
The Linkage Between Fiscal Policy and Non-Performing Household Loans in Turkey 土耳其财政政策与不良家庭贷款的关系
IF 1 Q2 Economics, Econometrics and Finance Pub Date : 2022-12-01 DOI: 10.2478/jeb-2022-0018
Ercan Özen, S. Hodžić, A. E. Yıldırım
Abstract Frequent changes in fiscal policies are the main cause of credit risk. To prevent households from increasing their non-performing loans, the government can use various policies and instruments. One of these tools is tax regulations, with a particular focus on the value-added tax. This paper examines whether tax policies have affected non-performing household loans in Turkey over the period from 2017 to 2021. To acquire meaningful empirical results, the Autoregressive Distributed Lag (ARDL) cointegration model have been applied. The results of analysis indicated that the effect of tax regulations on non-performing household loans is quite strong. It can be demonstrated that the strength of the income effect generated by tax cuts might be robust.
财政政策的频繁变化是造成信贷风险的主要原因。为了防止家庭不良贷款增加,政府可以使用各种政策和工具。其中一个工具是税收法规,特别关注增值税。本文研究了2017年至2021年期间,土耳其的税收政策是否影响了家庭不良贷款。为了获得有意义的实证结果,应用了自回归分布滞后协整模型。分析结果表明,税收调控对家庭不良贷款的影响是相当大的。可以证明,减税产生的收入效应可能是强大的。
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引用次数: 0
The Users’ Behavioral Intention to use Mobile Health-Tech Application to Prevent the Spreading of Coronavirus 用户使用移动健康技术应用程序预防冠状病毒传播的行为意愿
IF 1 Q2 Economics, Econometrics and Finance Pub Date : 2022-12-01 DOI: 10.2478/jeb-2022-0012
Ammar Almasri
Abstract The emergence of mobile health applications (MH-Apps) has enhanced the healthcare field’s services, particularly in the treatment, diagnosis, and follow-up. AMAN Mobile Health Application (AMAN MH-App) is one of the health-tech solutions used to fight the Coronavirus pandemic. It has a built-in feature to track users’ activities to protect users from contacting an infected person. However, the acceptance of AMAN MH-App in Jordan is still in an early stage, and the number of users has reached 15% of the country’s population. Therefore, this study aims to assess the use of AMAN MH-App among young people using the quantitative method. A total of (450) valid samples participated in the study after removing 33 invalid samples. Smart-PLS 3.2.7 was used for data analysis. The findings showed that all independent variables (Perceived usefulness, Perceived ease of use value, Subjective norms, Perceived behavioral control, Information Credibility, and Optimism) positively impact on the dependent variable (Behavioural Intention to use AMAN MH-App). We believe that AMAN MH-App’s information’s credibility (i.e. providing up-to-date, authoritative, accurate, and trustworthy information) will increase the number of the App’s users. The results of this research can be applied to similar context and applications in different countries.
摘要移动健康应用程序的出现增强了医疗保健领域的服务,特别是在治疗、诊断和随访方面。AMAN移动健康应用程序(AMAN MH应用程序)是用于抗击冠状病毒大流行的健康技术解决方案之一。它有一个内置功能来跟踪用户的活动,以保护用户不接触感染者。然而,AMAN MH应用程序在约旦的接受度仍处于早期阶段,用户数量已达到该国人口的15%。因此,本研究旨在采用定量方法评估AMAN MH App在年轻人中的使用情况。在去除33个无效样本后,共有(450)个有效样本参与了研究。Smart PLS 3.2.7用于数据分析。研究结果表明,所有自变量(感知有用性、感知易用价值、主观规范、感知行为控制、信息可信度和乐观主义)都对因变量(使用AMAN MH App的行为意向)产生积极影响。我们相信AMAN MH应用程序的信息可信度(即提供最新、权威、准确和值得信赖的信息)将增加应用程序的用户数量。这项研究的结果可以应用于类似的背景和不同国家的应用。
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引用次数: 0
Euro Area Product Market Integration 欧元区产品市场一体化
IF 1 Q2 Economics, Econometrics and Finance Pub Date : 2022-12-01 DOI: 10.2478/jeb-2022-0020
I. Krištić, Lucija Rogić Dumančić
Abstract The goal of this paper is to determine if there is product market integration in the euro area (EA). The paper employs LM and RALS-LM unit root tests with two breaks on the relative price series, constructed using the seasonally adjusted monthly Harmonized Index of Consumer Prices (HICP), from 1996:01 to 2017:05. The analysis shows EA-accession related breaks in price series for most of the EA11 countries, but, apart from Malta, no such breaks for the later-EA-joiners. However, there are breaks in both EA and non-EA countries at the time of EA formation. There is also evidence of greater product market integration and less adverse effects after negative shocks in the EA12. However, unit root analysis points to a conclusion that EA membership is not a sufficient condition for product market integration and integration is not necessarily related to being an EA member.
摘要本文的目的是确定欧元区是否存在产品市场一体化。本文采用LM和RALS-LM单位根检验,在1996:01至2017:05期间,使用经季节性调整的月度消费者价格协调指数(HICP)构建的相对价格序列上有两个中断。分析显示,大多数EA11国家的价格序列与加入EA相关,但除马耳他外,后来加入EA的国家没有此类中断。然而,在EA形成时,EA和非EA国家都有中断。也有证据表明,EA12的负面冲击后,产品市场整合程度更高,不良影响更小。然而,单位根分析指出,EA成员资格不是产品市场整合的充分条件,整合与成为EA成员不一定相关。
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引用次数: 0
Does Digitalization Widen Income Inequality? A Comparative Assessment for Advanced and Developing Economies 数字化会扩大收入不平等吗?发达经济体和发展中经济体的比较评估
IF 1 Q2 Economics, Econometrics and Finance Pub Date : 2022-12-01 DOI: 10.2478/jeb-2022-0021
Van Nguyen
Abstract The paper raises two questions: (1) Does digitalization contribute to wealth and income inequality? (2) Does it affect inequality differently between advanced and developing economies? For the answers, the paper investigates the impact of digitalization on inequality for a balanced panel dataset of advanced economies and a balanced panel dataset of developing economies from 2002 through 2020. It applies the system-GMM and PMG estimators for estimation and robustness check. Some exciting results it provides. First, digitalization narrows inequality in developed economies and widens in developing economies. Second, the economic growth – income inequality relationship is U-shaped as real GDP per capita increases from low (developing economies) to high (advanced economies). Third, unemployment enhances inequality in two groups. The results note some necessary implications to develop digital technology and reduce income inequality in these economies.
本文提出了两个问题:(1)数字化是否导致了财富和收入的不平等?(2)发达经济体和发展中经济体对不平等的影响是否不同?为了寻找答案,本文利用发达经济体的平衡面板数据集和发展中经济体的平衡面板数据集,从2002年到2020年,研究了数字化对不平等的影响。应用系统- gmm和PMG估计器进行估计和鲁棒性检查。它提供了一些令人兴奋的结果。首先,数字化缩小了发达经济体的不平等,扩大了发展中经济体的不平等。其次,随着实际人均GDP从低水平(发展中经济体)向高水平(发达经济体)增长,经济增长与收入不平等的关系呈u型。第三,失业加剧了两个群体的不平等。研究结果指出了这些经济体发展数字技术和减少收入不平等的一些必要影响。
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引用次数: 1
期刊
South East European Journal of Economics and Business
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