首页 > 最新文献

Montenegrin Journal of Economics最新文献

英文 中文
Do Political Connections and Bank Funding Diversity Increase Non-Performing Loans: New Evidence from the Bayesian Approach 政治联系和银行融资多样性是否会增加不良贷款:来自贝叶斯方法的新证据
IF 1.5 Q1 Economics, Econometrics and Finance Pub Date : 2022-09-15 DOI: 10.14254/1800-5845/2022.18-4.8
Khoa Dang Duong
Our study aims to fill the gap in estimating the impacts of political connections and bank funding diversity on the risk-taking behaviors of Vietnamese commercial banks. By employing the Bayesian methodology, our paper can overcome the small sample issues to reduce the bias in estimation results. We construct a data sample that includes 38 commercial banks in Vietnam from 2003 to 2020. Our results suggest several findings in the Vietnamese banking sector. Firstly, our findings suggest that politically connected banks have 0.4% non-performing loans higher than unconnected peers. Secondly, we find a positive relationship between funding diversity and non-performing loans of commercial banks in Vietnam. Interestingly, our findings report that the commercial banks, especially the politically connected banks, reduced non-performing loans by 0.2% and 0.4% for a year before the recent two National Congress of the Communist Party of Vietnam, respectively. It could be due to the notion that the bank managers secure their job and political promotions by reducing non-performing loans before the National Congress of the Communist Party of Vietnam. Finally, our study argues that the commercial bank had a lower level of non-performing loans during the Covid19 pandemic because the government offered stimulus supports to the local economy. Our study has substantial implications for bank managers and authorities in emerging markets. © 2022, Economic Laboratory for Transition Research. All rights reserved.
本研究旨在填补政治关系和银行融资多样性对越南商业银行风险承担行为影响评估的空白。本文采用贝叶斯方法克服了小样本问题,减少了估计结果的偏差。本文构建了一个包含越南38家商业银行2003 - 2020年的数据样本。我们的研究结果表明了越南银行业的几个发现。首先,我们的研究结果表明,有政治关系的银行的不良贷款率比没有政治关系的银行高0.4%。其次,我们发现越南商业银行的资金多样性与不良贷款之间存在正相关关系。有趣的是,我们的研究结果表明,商业银行,特别是有政治关系的银行,在最近两次越南共产党全国代表大会之前的一年里,不良贷款分别减少了0.2%和0.4%。这可能是因为,在越南共产党全国代表大会召开之前,银行经理们通过减少不良贷款来确保自己的职位和政治晋升。最后,我们的研究认为,在新冠疫情期间,商业银行的不良贷款水平较低,因为政府对当地经济提供了刺激支持。我们的研究对新兴市场的银行经理和当局具有重大意义。©2022,转型研究经济实验室。版权所有。
{"title":"Do Political Connections and Bank Funding Diversity Increase Non-Performing Loans: New Evidence from the Bayesian Approach","authors":"Khoa Dang Duong","doi":"10.14254/1800-5845/2022.18-4.8","DOIUrl":"https://doi.org/10.14254/1800-5845/2022.18-4.8","url":null,"abstract":"Our study aims to fill the gap in estimating the impacts of political connections and bank funding diversity on the risk-taking behaviors of Vietnamese commercial banks. By employing the Bayesian methodology, our paper can overcome the small sample issues to reduce the bias in estimation results. We construct a data sample that includes 38 commercial banks in Vietnam from 2003 to 2020. Our results suggest several findings in the Vietnamese banking sector. Firstly, our findings suggest that politically connected banks have 0.4% non-performing loans higher than unconnected peers. Secondly, we find a positive relationship between funding diversity and non-performing loans of commercial banks in Vietnam. Interestingly, our findings report that the commercial banks, especially the politically connected banks, reduced non-performing loans by 0.2% and 0.4% for a year before the recent two National Congress of the Communist Party of Vietnam, respectively. It could be due to the notion that the bank managers secure their job and political promotions by reducing non-performing loans before the National Congress of the Communist Party of Vietnam. Finally, our study argues that the commercial bank had a lower level of non-performing loans during the Covid19 pandemic because the government offered stimulus supports to the local economy. Our study has substantial implications for bank managers and authorities in emerging markets. © 2022, Economic Laboratory for Transition Research. All rights reserved.","PeriodicalId":45544,"journal":{"name":"Montenegrin Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47505377","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}
引用次数: 6
The Impact of Performance Improvement of the Tax System on the Economic Growth of Developing Countries Based on the Experience of the European Union 基于欧盟经验的税收制度绩效改善对发展中国家经济增长的影响
IF 1.5 Q1 Economics, Econometrics and Finance Pub Date : 2022-09-15 DOI: 10.14254/1800-5845/2022.18-4.17
M. Serikova
{"title":"The Impact of Performance Improvement of the Tax System on the Economic Growth of Developing Countries Based on the Experience of the European Union","authors":"M. Serikova","doi":"10.14254/1800-5845/2022.18-4.17","DOIUrl":"https://doi.org/10.14254/1800-5845/2022.18-4.17","url":null,"abstract":"","PeriodicalId":45544,"journal":{"name":"Montenegrin Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49555809","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}
引用次数: 1
Bank Specific and Macroeconomic Determinants of Commercial Bank Profitability: in Jordan from 2009 -2019 商业银行盈利能力的银行特定因素和宏观经济因素:2009 -2019年在约旦
IF 1.5 Q1 Economics, Econometrics and Finance Pub Date : 2022-09-15 DOI: 10.14254/1800-5845/2022.18-4.13
Hossam Haddad
{"title":"Bank Specific and Macroeconomic Determinants of Commercial Bank Profitability: in Jordan from 2009 -2019","authors":"Hossam Haddad","doi":"10.14254/1800-5845/2022.18-4.13","DOIUrl":"https://doi.org/10.14254/1800-5845/2022.18-4.13","url":null,"abstract":"","PeriodicalId":45544,"journal":{"name":"Montenegrin Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41791117","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}
引用次数: 4
COVID-19 Crisis and Supply Side Bottlenecks in the EU. Shorter and Longer Term Prospects 新冠肺炎危机与欧盟供应瓶颈短期和长期前景
IF 1.5 Q1 Economics, Econometrics and Finance Pub Date : 2022-09-15 DOI: 10.14254/1800-5845/2022.18-4.2
P. Halmai
The COVID-19 shock affected the global economy mainly through the col-lapse of demand, labour supply and industrial output, supply chains, commodity prices, international trade and capital flows. From the second half of 2020, various bottlenecks (logistical disruptions;shortages of raw materials and parts) in the EU economy have had a growing impact on growth. Following the recurrent pandemic shocks, the war shock has caused further severe supply-side disruptions from February 2022 onwards, in particular in raw materials markets (including energy sources and agricultural raw materials) and international logistics. Supply shortages in the EU have not only a one-off but also a ripple effect throughout the economy. Spill-over effects across Member States are of great importance. Together, the shortages of production inputs can have a significant negative impact on output and the recovery of the economy. At the same time, supply-side shocks can have a significant impact on the restructuring of supply chains, the deepening of green and digital transformation, and productivity growth. © 2022, Economic Laboratory for Transition Research. All rights reserved.
2019冠状病毒病冲击对全球经济的影响主要表现为需求、劳动力供应和工业产出、供应链、大宗商品价格、国际贸易和资本流动的崩溃。从2020年下半年开始,欧盟经济中的各种瓶颈(物流中断、原材料和零部件短缺)对经济增长的影响越来越大。在反复出现的大流行病冲击之后,从2022年2月起,战争冲击造成了进一步严重的供应中断,特别是在原材料市场(包括能源和农业原材料)和国际物流方面。欧盟的供应短缺不仅是一次性的,而且会在整个经济中产生连锁反应。对会员国的溢出效应非常重要。总之,生产投入的短缺可能对产出和经济复苏产生重大的负面影响。与此同时,供给侧冲击可能对供应链重组、绿色和数字化转型的深化以及生产率增长产生重大影响。©2022,转型研究经济实验室。版权所有。
{"title":"COVID-19 Crisis and Supply Side Bottlenecks in the EU. Shorter and Longer Term Prospects","authors":"P. Halmai","doi":"10.14254/1800-5845/2022.18-4.2","DOIUrl":"https://doi.org/10.14254/1800-5845/2022.18-4.2","url":null,"abstract":"The COVID-19 shock affected the global economy mainly through the col-lapse of demand, labour supply and industrial output, supply chains, commodity prices, international trade and capital flows. From the second half of 2020, various bottlenecks (logistical disruptions;shortages of raw materials and parts) in the EU economy have had a growing impact on growth. Following the recurrent pandemic shocks, the war shock has caused further severe supply-side disruptions from February 2022 onwards, in particular in raw materials markets (including energy sources and agricultural raw materials) and international logistics. Supply shortages in the EU have not only a one-off but also a ripple effect throughout the economy. Spill-over effects across Member States are of great importance. Together, the shortages of production inputs can have a significant negative impact on output and the recovery of the economy. At the same time, supply-side shocks can have a significant impact on the restructuring of supply chains, the deepening of green and digital transformation, and productivity growth. © 2022, Economic Laboratory for Transition Research. All rights reserved.","PeriodicalId":45544,"journal":{"name":"Montenegrin Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42706183","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}
引用次数: 3
Asymmetries in the Labor Demand in Pakistan: Estimating Own and Cross Wage Elasticities Using Frictional Probit Model 巴基斯坦劳动力需求的不对称性:用摩擦Probit模型估计自身和交叉工资弹性
IF 1.5 Q1 Economics, Econometrics and Finance Pub Date : 2022-09-15 DOI: 10.14254/1800-5845/2022.18-4.3
Muhammad Zaheer-ud-Din Khan, R. Said, A. Hafeez, Naila Maqsood, Farheen Qadir
{"title":"Asymmetries in the Labor Demand in Pakistan: Estimating Own and Cross Wage Elasticities Using Frictional Probit Model","authors":"Muhammad Zaheer-ud-Din Khan, R. Said, A. Hafeez, Naila Maqsood, Farheen Qadir","doi":"10.14254/1800-5845/2022.18-4.3","DOIUrl":"https://doi.org/10.14254/1800-5845/2022.18-4.3","url":null,"abstract":"","PeriodicalId":45544,"journal":{"name":"Montenegrin Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2022-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41321308","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}
引用次数: 0
Medium and High-Tech Enterprises of Kazakhstan: Factors of Organization and Development of Innovation 哈萨克斯坦中高技术企业:创新的组织和发展因素
IF 1.5 Q1 Economics, Econometrics and Finance Pub Date : 2022-06-21 DOI: 10.14254/1800-5845/2022.18-3.1
N. Kurmanov
{"title":"Medium and High-Tech Enterprises of Kazakhstan: Factors of Organization and Development of Innovation","authors":"N. Kurmanov","doi":"10.14254/1800-5845/2022.18-3.1","DOIUrl":"https://doi.org/10.14254/1800-5845/2022.18-3.1","url":null,"abstract":"","PeriodicalId":45544,"journal":{"name":"Montenegrin Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41267987","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}
引用次数: 4
Mathematical Aspects of Synergy 协同的数学方面
IF 1.5 Q1 Economics, Econometrics and Finance Pub Date : 2022-06-21 DOI: 10.14254/1800-5845/2022.18-3.16
B. Yerznkyan, Sergey Gataullin, T. Gataullin
{"title":"Mathematical Aspects of Synergy","authors":"B. Yerznkyan, Sergey Gataullin, T. Gataullin","doi":"10.14254/1800-5845/2022.18-3.16","DOIUrl":"https://doi.org/10.14254/1800-5845/2022.18-3.16","url":null,"abstract":"","PeriodicalId":45544,"journal":{"name":"Montenegrin Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42554842","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}
引用次数: 3
Active Strategy and Other Key Factors of Mutual Funds’ Performance 积极策略与共同基金业绩的其他关键因素
IF 1.5 Q1 Economics, Econometrics and Finance Pub Date : 2022-06-21 DOI: 10.14254/1800-5845/2022.18-3.8
A. Kurbatskiĭ
{"title":"Active Strategy and Other Key Factors of Mutual Funds’ Performance","authors":"A. Kurbatskiĭ","doi":"10.14254/1800-5845/2022.18-3.8","DOIUrl":"https://doi.org/10.14254/1800-5845/2022.18-3.8","url":null,"abstract":"","PeriodicalId":45544,"journal":{"name":"Montenegrin Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44374575","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}
引用次数: 1
Economic Growth, Domestic Savings and Fixed Capital Investments: Analysis for Caucasus and Central Asian Countries 经济增长、国内储蓄和固定资本投资:高加索和中亚国家分析
IF 1.5 Q1 Economics, Econometrics and Finance Pub Date : 2022-06-21 DOI: 10.14254/1800-5845/2022.18-3.12
Tuncer Govdeli
{"title":"Economic Growth, Domestic Savings and Fixed Capital Investments: Analysis for Caucasus and Central Asian Countries","authors":"Tuncer Govdeli","doi":"10.14254/1800-5845/2022.18-3.12","DOIUrl":"https://doi.org/10.14254/1800-5845/2022.18-3.12","url":null,"abstract":"","PeriodicalId":45544,"journal":{"name":"Montenegrin Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44670593","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}
引用次数: 5
Spatial Analysis of Regional Productivity Based on Β-convergence Models 基于Β-convergence模型的区域生产力空间分析
IF 1.5 Q1 Economics, Econometrics and Finance Pub Date : 2022-06-21 DOI: 10.14254/1800-5845/2022.18-3.11
E. Kadochnikova, Y. Varlamova, J. Kolesnikova
{"title":"Spatial Analysis of Regional Productivity Based on Β-convergence Models","authors":"E. Kadochnikova, Y. Varlamova, J. Kolesnikova","doi":"10.14254/1800-5845/2022.18-3.11","DOIUrl":"https://doi.org/10.14254/1800-5845/2022.18-3.11","url":null,"abstract":"","PeriodicalId":45544,"journal":{"name":"Montenegrin Journal of Economics","volume":null,"pages":null},"PeriodicalIF":1.5,"publicationDate":"2022-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41952097","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}
引用次数: 0
期刊
Montenegrin Journal of Economics
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1