Post-Communist Economies最新文献

{"title":"Captured institutions and permeated business – the longevity of Hungarian autocracy","authors":"Andrea Éltető, József Péter Martin","doi":"10.1080/14631377.2024.2306423","DOIUrl":"https://doi.org/10.1080/14631377.2024.2306423","url":null,"abstract":"The aim of the article is to show how modern autocracies can distort traditional institutions’ principles of functioning and form state–business relations for their own benefit. Our case study is H...","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139769447","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Uncertainty in Central and Eastern European markets. Evidence from Twitter-based uncertainty measures","authors":"Paweł Kropiński","doi":"10.1080/14631377.2023.2288737","DOIUrl":"https://doi.org/10.1080/14631377.2023.2288737","url":null,"abstract":"Increasing uncertainty has frequently been associated with alterations in investor behaviour in scientific discourse. Central and Eastern Europe (CEE) despite generating 10% of the EU’s GDP, has la...","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139769647","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A\u0000 thickened\u0000 demand for populism: comparison of voters’ attitudes in CEE and Western Europe","authors":"Paulina Lenik","doi":"10.1080/14631377.2023.2287767","DOIUrl":"https://doi.org/10.1080/14631377.2023.2287767","url":null,"abstract":"","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139595474","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Research and development expenditures, technology spillovers, and green productivity in agriculture: an empirical analysis","authors":"Haiyan Deng, Boqun Lyu, Zhiyang Shen, Michael Vardanyan","doi":"10.1080/14631377.2023.2287769","DOIUrl":"https://doi.org/10.1080/14631377.2023.2287769","url":null,"abstract":"We study the relationship between technology spillovers from trade, domestic research and development (R&D) spending, and the growth in green total factor productivity within the agricultural secto...","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139475007","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Drivers of household saving in East Central European countries. A push and pull model perspective","authors":"Viktória Endrődi-Kovács, Vivien Czeczeli, Gábor Kutasi","doi":"10.1080/14631377.2023.2287764","DOIUrl":"https://doi.org/10.1080/14631377.2023.2287764","url":null,"abstract":"There is no consensus in the economics theory about the determinants of household saving. The article composes vector error correction (VEC) models to identify the determinants of household saving ...","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139469021","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"What drives the hidden side of Uzbekistan’s shadow economy?","authors":"M. Ishaq Bhatti, Nicolas Hamelin, Temurbek Saidov","doi":"10.1080/14631377.2023.2287757","DOIUrl":"https://doi.org/10.1080/14631377.2023.2287757","url":null,"abstract":"This study examines factors influencing Uzbekistan’s shadow economy rate, with a focus on GDP, corruption index, tax rate (TR), and the unemployment rate. Using a quantitative approach, we analyse ...","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139475244","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Return of activist state in a former transition star: the curious case of Hungary","authors":"Péter Ákos Bod","doi":"10.1080/14631377.2023.2273694","DOIUrl":"https://doi.org/10.1080/14631377.2023.2273694","url":null,"abstract":"European governments have become more active in economic affairs since the great financial crisis of 2008; the Covid-19 epidemic and Russia’s war in Ukraine have triggered a variety of government i...","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2023-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138819756","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Trade unions and workers’ welfare in Vietnam","authors":"Dung Kieu Nguyen, Thi Bich Tran, Mai Thi Xuan Nguyen, Anh Thi Mai Pham","doi":"10.1080/14631377.2023.2262670","DOIUrl":"https://doi.org/10.1080/14631377.2023.2262670","url":null,"abstract":"ABSTRACTThe role of trade unions in the labour market is currently a hot topic in Vietnam as there is a plan to transition from a single state-led union system to a new system that allows the participation of some types of independent unions. This study provides the first evidence on the links between union coverage and workers’ welfare utilising a Vietnamese national representative dataset. An instrument variable technique is applied for estimation. Using cross-sectional data, the study finds that union coverage negatively affects both sexes in terms of earnings and labour supply while positively affecting their participation in social insurance. However, the effects disappear for women in terms of earnings and for both sexes in terms of labour supply when investigating the non-state sector. The study also shows some important results using panel data.KEYWORDS: Trade unionworkerwelfareincomework hourssocial insurance Disclosure statementNo potential conflict of interest was reported by the authors.Notes1. In this study, we use the commands IVREG2 and XTIVREG2 of STATA for IV estimations and IV-FE estimations, respectively. For binary outcome (e.g. social insurance participation), we also use these commands because the IVPROBIT command works with continuous endogenous covariates only and a command like IVLOGIT does not exist.2. For each wave, VLFS is designed on a 2-2-2 rotation basis. A household is surveyed for two consecutive quarters. It is then temporarily excluded from the survey for another two consecutive quarters. It is surveyed again in the next two quarters. Therefore, we can construct a short-panel data sample with two periods from the 2018 wave of VLFS. Each worker in the sample was observed twice. The first observation of the worker conducted in the first half of that year is considered to be made in the first period. The second observation of the same worker conducted in the second half of that year is considered to be made in the second period (i.e. a part of the sample were observed twice, the first observed in Quarter II and the second observed in Quarter III of that year. The rest of the sample were also observed twice, the first observed in Quarter I and the second observed in Quarter IV of that year).3. For quantile fixed effect estimation, we cannot use XTQREG command of STATA because it works only with a large number of periods while we has only a short panel of data with two periods. Therefore, we use QREGPD for the estimations.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135819323","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Social trust and risky financial market participation: Evidence from China","authors":"Xinxin Ma","doi":"10.1080/14631377.2023.2262672","DOIUrl":"https://doi.org/10.1080/14631377.2023.2262672","url":null,"abstract":"ABSTRACTThe Chinese government has promoted the development of risky financial markets under the market-oriented reform period. Meanwhile, social trust has changed with institutional transitions. This study investigates the influence of social trust on risky financial market participation in China based on the national longitudinal data of 2014–2018. It also estimates the effects of social trust by education, age, urban/rural hukou resident groups, and periods. The empirical results indicate that social trust positively affects the probability of holding risky financial assets and their shares. However, these effects turn insignificant when accounting for unobservable individual heterogeneity. The positive effect of social trust is more pronounced among the younger generation, highly educated groups, women, and urban hukou residents compared to their counterparts. Additionally, the positive impact of social trust is observed to be stronger in the period following the 2015 stock market crash shock than in the period before 2015.KEYWORDS: Social trustrisky financial marketrisky financial assetChina Disclosure statementNo potential conflict of interest was reported by the author.Notes1. In 2015, stock prices, which had been rising since the beginning of the year, collapsed on June 12. Within a month, A-shares on the Shanghai Stock Exchange lost one-third of their total stock market capitalisation. An unprecedented situation emerged in the Shanghai A-share market, with nearly half of the stocks suspended from trading. The government implemented financial market bailout policies, including massive funds, and the stock market returned to its starting point in October. This event is known as the 2015 stock market crash shock.2. The options for each question ranged from 0 (do not trust) to 10 (completely trust). I calculated the total value of these two questions. I also performed the estimations using the trust in a stranger or trust in a foreigner separately; the results were approximately similar to those that used the total score of these two indicators. Hence, I only presented the results using these two indicators in this study. The other results are available upon request.3. There are thirteen options for the question, ‘Which organisations are you a member of?’ They are as follows: (1) Communist Party of China; (2) Democratic party; (3) People’s Congresses (representatives) at the county/district level and above the county/district level; (4) County/district and above county/district Political Consultative Conference (Member); (5) Trade union; (6) Communist Youth League; (7) Women’s Federation; (8) Federation of Industry and Commerce; (9) Informal networking organisations (communities, networks, salons, etc.); (10) religious/belief group; (11) Association of private business owners; (12) Self-employed workers association; (13) Others. The dummy variable for Communist Party of China membership is set to 1 if a respondent selected option (1) and 0 i","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136067424","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Windfall revenues and structural balance in the Czech Republic","authors":"Jan Pavel, Jana Tepperová, Markéta Arltová","doi":"10.1080/14631377.2023.2262626","DOIUrl":"https://doi.org/10.1080/14631377.2023.2262626","url":null,"abstract":"ABSTRACTAnalysis of the structural balance is a crucial element for assessing the character of fiscal policy. However, this approach entails potential shortcomings, where some tax revenues may be affected by the development of variables other than the economic cycle. This can lead to skewed assessments of the fiscal effort because of the existence of windfall revenues/losses. We address this issue and identify windfall revenues in the Czech Republic. First, we calculate the elasticities of individual taxes on relevant macroeconomic variables. Then we test these variables for sensitivity to the economic cycle. The absence of such sensitivity suggests the possibility of windfall revenue. Further, we quantify the volume of the windfall revenue for 2007–2019. We found that the development of the rental market is the main factor influencing windfall revenue in the Czech Republic. The windfall revenue range is around 0.15% of GDP per year.KEYWORDS: Windfall revenuestax elasticitiesstructural balancefiscal effort AcknowledgmentsThe present paper was supported by the long-term institutional scientific research funding scheme in the Faculty of Finance and Accounting, Prague University of Economics and Business (IP 100040).Disclosure statementNo potential conflict of interest was reported by the author(s).Notes1. A typical example is the MTO (Medium Term Objective) rule in the EU. If a member state does not reach the MTO value, it must show a fiscal effort of at least 0.5% of GDP per year.2. A detailed description of the estimation methodology is available at https://www.mfcr.cz/cs/legislativa/metodiky/2020/metodika-odvozeni-vydajovych-ramcu-statn-39442/. The results, including the data used, are available at https://www.mfcr.cz/cs/verejny-sektor/makroekonomika/makroekonomicka-predikce/2022/makroekonomicka-predikce-listopad-2022–492723. Income from the sale of real estate is exempt in the case of holding by the taxpayer for more than ten years; until 2020, the time test was five years. If the real estate is used for the living of the taxpayer or the living of his family members, the time test for exemption of the income is two years. The time test can be even shorter if the money received from selling the real estate is used for the own living of the taxpayer or his family again. The closeness of the relationship of the family members is specified within the law. If taxable, the purchase price can be considered as a taxable expense up to the amount of taxable income, similar to selling shares.Additional informationFundingThe work was supported by the Prague University of Economics and Business.","PeriodicalId":46517,"journal":{"name":"Post-Communist Economies","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136235846","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}