JOURNAL OF ECONOMIC STUDIES最新文献_第8页

Fiscal adjustments and TFP dynamics: addressing reverse causality within a heterogeneous panel framework with global shocks 财政调整和全要素生产率动态:在具有全球冲击的异质性面板框架内解决反向因果关系

IF 1.7 Q2 ECONOMICS

JOURNAL OF ECONOMIC STUDIES

Pub Date : 2023-12-01 DOI: 10.1108/jes-08-2023-0447

Gianni Carvelli

Purpose

The purpose of this study is to provide new insights into the relationship between fiscal policy and total factor productivity (TFP) while accounting for several economic and econometric issues of the phenomenon like non-stationarity, fiscal feedback effects, persistence in productivity, country heterogeneity and unobserved global shocks and local spillovers affecting heterogeneously the countries in the sample.

Design/methodology/approach

The paper is empirical. It builds an Error Correction Model (ECM) specification within a dynamic heterogeneous framework with common correlated effects and models both reverse causality and feedback effects.

Findings

The results of this study highlight some new findings relative to the existing related literature. The outcomes suggest some relevant evidence at both the academic and policy levels: (1) the causal effects going from fiscal deficit/surplus to TFP are heterogeneous across countries; (2) the effects depend on the time horizon considered; (3) the long-run dynamics of TFP are positively impacted by improvements in fiscal budget, but only if the austerity measures do not exert slowdowns in aggregate growth.

Originality/value

The main originality of this study is methodological, with possible extensions to related phenomena. Relative to the existing literature, the gains of this study rely on the way econometric techniques, recently proposed in the literature, are adapted to the economic relationship of interest. The endogeneity due to the existence of reverse causality is modelled without implying relevant performance losses of the models. Moreover, this is the first article that questions whether the effects of fiscal budget on productivity depend on the impact of the former on aggregate output growth, thus emphasising the importance of the quality of fiscal adjustments.

本研究的目的是为财政政策与全要素生产率(TFP)之间的关系提供新的见解，同时考虑到非平定性、财政反馈效应、生产率持续性、国家异质性、未观察到的全球冲击和地方溢出效应等现象的几个经济和计量经济学问题。这篇论文是经验性的。它在一个具有共同相关效应的动态异构框架内构建了一个误差校正模型(ECM)规范，并对反向因果关系和反馈效应进行了建模。研究结果本研究的结果突出了一些新的发现相对于现有的相关文献。研究结果在学术和政策层面提供了一些相关证据:(1)财政赤字/盈余对全要素生产率的因果效应在各国之间存在差异;(2)影响取决于所考虑的时间范围;(3)财政预算的改善对TFP的长期动态有积极影响，但前提是紧缩措施没有导致总增长放缓。独创性/价值本研究的主要独创性在于方法论，并可能延伸到相关现象。相对于现有文献，本研究的成果依赖于最近在文献中提出的计量经济学技术适应经济利益关系的方式。由于反向因果关系的存在而产生的内生性在建模时没有暗示模型的相关性能损失。此外，这是第一篇质疑财政预算对生产率的影响是否取决于前者对总产出增长的影响的文章，从而强调了财政调整质量的重要性。

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引用次数: 0

The nonlinear relationship between financial constraints and R&D investment: the mediating role of executive stock options 财务约束与研发投资的非线性关系:高管股票期权的中介作用

IF 1.7 Q2 ECONOMICS

JOURNAL OF ECONOMIC STUDIES

Pub Date : 2023-11-29 DOI: 10.1108/jes-08-2023-0424

Sedki Zaiane, Halim Dabbou

Purpose

The current study aims to investigate the mediating role of executive stock options in the nonlinear relationship between financial constraints and research and development (R&D) investment through two measures of financial constraints.

Design/methodology/approach

This study is based on a sample of 90 French firms for the period extending from 2008 to 2020. The authors employ a panel threshold method to analyze whether the impact of financial constraints on R&D investment depends on the level of financial constraints or not.

Findings

Using SA index (Hadlock and Pierce, 2010) and FCP index (Schauer et al., 2019) as measures of financial constraints, the authors demonstrate that the relationship between financial constraints and R&D investment is nonlinear. Moreover, the authors find that executive stock options mediate partially the relationship between financial constraints and R&D investment. More specifically, the authors show that stock options could play two roles depending on the level of the financial constraints; inconsistent mediation for firms with low/medium level of financial constraints and partial mediation for highly constrained firms.

Originality/value

This paper is the first to the best of the authors' knowledge to investigate the nonlinear relationship between financial constraints and R&D investment as well as the mediating role of executive stock option using dynamic panel threshold models.

目的本研究旨在通过财务约束的两个度量，考察高管股票期权在财务约束与研发投资非线性关系中的中介作用。设计/方法/方法本研究基于2008年至2020年期间90家法国公司的样本。本文采用面板阈值法分析了财务约束对r&d投资的影响是否依赖于财务约束的程度。使用SA指数(Hadlock and Pierce, 2010)和FCP指数(Schauer et al.， 2019)作为财务约束的度量，作者证明了财务约束与研发投资之间的关系是非线性的。此外，作者还发现，高管股票期权在财务约束与研发投资之间起到了部分中介作用。更具体地说，作者表明股票期权可以发挥两种作用，这取决于财务约束的程度;低/中等财务约束企业的不一致调解和高度约束企业的部分调解。创新/价值本文首次利用动态面板阈值模型研究了财务约束与研发投资之间的非线性关系以及高管股票期权的中介作用。

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引用次数: 0

Economic policy uncertainty and the Greek economic crisis 经济政策的不确定性和希腊经济危机

IF 1.7 Q2 ECONOMICS

JOURNAL OF ECONOMIC STUDIES

Pub Date : 2023-11-27 DOI: 10.1108/jes-06-2023-0327

Gikas Hardouvelis, Georgios Karalas, Dimitrios Karanastasis, Panagiotis Samartzis

Purpose

The authors construct an index of economic policy uncertainty (EPU) for Greece using textual analysis and analyze its role in the 10-year Greek economic crisis.

Design/methodology/approach

To identify the causal relationship between various measures of economic activity and EPU in Greece, the authors use a sophisticated “shock-based” structural vector autoregressive identification scheme. Additionally, the authors use two additional models to ensure the robustness of the results.

Findings

EPU is negatively associated with domestic economic activity and economic sentiment, and positively with bond credit spreads. EPU is also estimated to have prolonged the crisis even in periods when macroeconomic imbalances were cured. The results are robust across various model specifications and different proxies of economic activity.

Originality/value

Brunnermeier (2017) observed that uncertainty may be central to understanding the evolution of the Greek crisis. Yet little attention has been paid to policy uncertainty in the existing long and growing literature on the Greek crisis. The authors attempt to fill this gap.

目的运用文本分析法构建希腊经济政策不确定性指数(EPU)，并分析其在10年希腊经济危机中的作用。设计/方法/方法为了确定希腊各种经济活动指标与EPU之间的因果关系，作者使用了一种复杂的“基于冲击”的结构向量自回归识别方案。此外，作者还使用了两个额外的模型来确保结果的稳健性。研究发现，EPU与国内经济活动和经济情绪呈负相关，与债券信用利差呈正相关。据估计，即使在宏观经济失衡得到解决的时期，货币政策也延长了危机。结果在各种模型规格和不同的经济活动代理中都是稳健的。Brunnermeier(2017)观察到，不确定性可能是理解希腊危机演变的核心。然而，在现有的关于希腊危机的冗长且不断增多的文献中，很少有人关注政策的不确定性。作者试图填补这一空白。

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引用次数: 0

Investigating the financial efficiencies and productivities of the banking sector 调查银行部门的财务效率和生产力

IF 1.7 Q2 ECONOMICS

JOURNAL OF ECONOMIC STUDIES

Pub Date : 2023-11-24 DOI: 10.1108/jes-07-2023-0338

Fazıl Gökgöz, Engin Yalçın, Noor Ayoob Salahaldeen

Purpose

The banking industry, which is one of the most significant industries when taking into account both deposit sizes and employment statistics in Turkey, is one of the country's primary economic drivers. In this regard, it is highly important to evaluate banks as it is necessary to present to what extent they use their resources efficiently. The main purpose of the study is to analyze the efficiencies of Turkish banks by the two-stage data envelopment analysis (DEA) and Malmquist productivity index (MPI).

Design/methodology/approach

The authors aim to analyze both the efficiency and productivity of Turkish banks by two-stage DEA and the MPI, which enable decomposing into sub-sections of production processes. Hence, more detailed insight into the Turkish banking system can be presented through two-stage efficiency and production approaches.

Findings

DEA results indicate that two out of three state-owned banks achieved resource efficiency while none of the investigated banks performed profit efficiency throughout the investigated period. Besides, average resource efficiency is found higher than average profit efficiency in Turkish banks. MPI results reveal that both technological and technical improvement prospects exist for Turkish banks.

Originality/value

The original contribution of this paper is to employ two-stage DEA and the MPI, which reflect both the static and dynamic performance of the Turkish banking sector. In this regard, this study aims to be a pioneer by both reflecting the static and dynamic performance analysis of Turkish banks.

考虑到土耳其的存款规模和就业统计数据，银行业是土耳其最重要的行业之一，是该国主要的经济驱动力之一。在这方面，评估银行是非常重要的，因为有必要展示它们有效利用资源的程度。本研究的主要目的是通过两阶段数据包络分析(DEA)和马尔姆奎斯特生产率指数(MPI)来分析土耳其银行的效率。设计/方法/方法作者旨在通过两阶段DEA和MPI分析土耳其银行的效率和生产率，这可以分解为生产过程的子部分。因此，可以通过两阶段效率和生产方法来更详细地了解土耳其银行体系。dea结果表明，三分之二的国有银行在整个调查期间实现了资源效率，而没有一家银行实现了利润效率。此外，土耳其银行的平均资源效率高于平均利润效率。MPI结果显示，土耳其银行存在技术和技术改进的前景。原创性/价值本文的原创性贡献在于采用了两阶段DEA和MPI，它们反映了土耳其银行业的静态和动态绩效。在这方面，本研究旨在通过同时反映土耳其银行的静态和动态绩效分析，成为一个先驱。

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引用次数: 0

US unemployment rate: Federal Reserve versus private information 美国失业率:美联储与私人信息

IF 1.7 Q2 ECONOMICS

JOURNAL OF ECONOMIC STUDIES

Pub Date : 2023-11-22 DOI: 10.1108/jes-05-2023-0273

Hamid Baghestani, Bassam M. AbuAl-Foul

Purpose

This study evaluates the Federal Reserve (Fed) initial and final forecasts of the unemployment rate for 1983Q1-2018Q4. The Fed initial forecasts in a typical quarter are made in the first month (or immediately after), and the final forecasts are made in the third month of the quarter. The analysis also includes the private forecasts, which are made close to the end of the second month of the quarter.

Design/methodology/approach

In evaluating the multi-period forecasts, the study tests for systematic bias, directional accuracy, symmetric loss, equal forecast accuracy, encompassing and orthogonality. For every test equation, it employs the Newey–West procedure in order to obtain the standard errors corrected for both heteroscedasticity and inherent serial correlation.

Findings

Both Fed and private forecasts beat the naïve benchmark and predict directional change under symmetric loss. Fed final forecasts are more accurate than initial forecasts, meaning that predictive accuracy improves as more information becomes available. The private and Fed final forecasts contain distinct predictive information, but the latter produces significantly lower mean squared errors. The results are mixed when the study compares the private with the Fed initial forecasts. Additional results indicate that Fed (private) forecast errors are (are not) orthogonal to changes in consumer expectations about future unemployment. As such, consumer expectations can potentially help improve the accuracy of private forecasts.

Originality/value

Unlike many other studies, this study focuses on the unemployment rate, since it is an important indicator of the social cost of business cycles, and thus its forecasts are of special interest to policymakers, politicians and social scientists. Accurate unemployment rate forecasts, in particular, are essential for policymakers to design an optimal macroeconomic policy.

本研究评估了美联储(Fed)对1983Q1-2018Q4失业率的初步和最终预测。美联储通常在一个季度的第一个月(或紧接其后)做出初步预测，最终预测在该季度的第三个月做出。该分析还包括私人预测，这些预测是在第二季度接近尾声时做出的。在评估多周期预测时，研究测试了系统偏差、方向精度、对称损失、等预测精度、包涵性和正交性。对于每一个检验方程，采用纽西法，得到异方差和固有序列相关校正后的标准误差。美联储和民间预测均优于naïve基准，并预测了对称损失下的方向性变化。美联储的最终预测比初始预测更准确，这意味着随着信息的增多，预测的准确性会提高。私人和美联储的最终预测包含不同的预测信息，但后者产生的均方误差要低得多。当研究将私人机构和美联储的初步预测进行比较时，结果喜忧参半。其他结果表明，美联储(私人)预测误差与消费者对未来失业预期的变化是(不是)正交的。因此，消费者的预期可能有助于提高私人预测的准确性。独创性/价值与许多其他研究不同，本研究侧重于失业率，因为它是商业周期社会成本的重要指标，因此其预测对政策制定者，政治家和社会科学家特别感兴趣。准确的失业率预测对于决策者制定最优宏观经济政策尤为重要。

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引用次数: 0

Mayday! Mayday! The airlines stock returns are failing. Analysis of the impact of Russia–Ukraine war 五月天!五月天!航空公司的股票回报率正在下降。俄乌战争的影响分析

IF 1.7 Q2 ECONOMICS

JOURNAL OF ECONOMIC STUDIES

Pub Date : 2023-11-21 DOI: 10.1108/jes-08-2023-0390

António Miguel Martins, Susana Cró

Purpose

This paper investigates the short-term market impact of the beginning of the military conflict between Russia and Ukraine (February 24, 2022) on a set of airline stocks listed.

Design/methodology/approach

This study uses an event study methodology, cross-section analyses and interaction effects to study the effect of the war on airline stock prices and firm-specific characteristics that explain the cumulative abnormal return.

Findings

The authors observe a negative and statistically significant stock price reaction at and around the beginning of the military conflict between Russia and Ukraine, for 74 listed airlines. These results are consistent with investment portfolio rebalancing and asset pricing perspective. Moreover, this study's results show a higher negative stock market reaction for airlines based in Europe. Empirical evidence suggests the existence of a “proximity penalty” for European companies. Finally, this study's results provide insights into which airline-specific characteristics emerge as value drivers. Larger, well-capitalized (high liquidity and low debt) and profitable airlines firms with less institutional ownership have superior stock market returns and show more able to handle with the losses resulting from the war.

Originality/value

This paper fills a gap in the literature about the impact of the Russia–Ukraine war on the airline industry.

本文研究俄罗斯与乌克兰军事冲突开始(2022年2月24日)对一组航空公司上市股票的短期市场影响。设计/方法/方法本研究采用事件研究方法、横截面分析和交互效应来研究战争对航空公司股价的影响以及解释累积异常收益的公司特定特征。研究结果:作者观察到，在俄罗斯和乌克兰军事冲突开始前后，74家上市航空公司的股价出现了负面的、统计学上显著的反应。这些结果与投资组合再平衡和资产定价观点一致。此外，本研究的结果显示，总部设在欧洲的航空公司在股市的负面反应更高。经验证据表明，欧洲企业存在“邻近惩罚”。最后，本研究的结果提供了关于哪些航空公司的特定特征成为价值驱动因素的见解。规模更大、资本充足(高流动性和低债务)且盈利的航空公司拥有较少的机构所有权，它们的股票市场回报更高，而且更有能力应对战争造成的损失。本文填补了关于俄乌战争对航空业影响的文献空白。

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引用次数: 0

Trade potential in European Union manufacturing 欧盟制造业的贸易潜力

IF 1.7 Q2 ECONOMICS

JOURNAL OF ECONOMIC STUDIES

Pub Date : 2023-11-21 DOI: 10.1108/jes-06-2023-0292

Lazaros Antonios Chatzilazarou, Dimitrios Dadakas

Purpose

This study deals with changes in European Union's (EU's) trade potential in Machinery (HS 84–85) and Transportation (HS86-89) products.

Design/methodology/approach

The study uses a Structural Gravity model, Poisson Pseudo Maximum Likelihood (PPML) estimation together with panel data for the years 2002–2018 and a two-step procedure that employs predicted values of bilateral trade to compare potential to actual trade.

Findings

Results for Machinery products suggest a potential to expand trade with existing Regional Trade Agreements (RTAs) in the American continent, and countries of the IGAD region in Africa. In Transportation, a high trade potential with RTAs is found in the Americas, Africa and the Middle East. Policy suggestions concentrate on opportunities for enhancing trade relations through trade liberalization and agreement proliferation.

Originality/value

There are no studies to date, that examine “collective” measure of EU trade potential, that treats the EU as a single country. Changes in existing opportunities to expand trade, common for EU members, are of special interest for policy formulation, especially after the recent turmoil presented by the Global Financial Crisis (GFC) and the Greek Economic Crisis (GEC). Treating the EU as a single entity, is necessary for the formulation of an effective, common, EU trade policy. This study concentrates on the manufacturing sector to examine existing opportunities for the EU to expand trade, after the GFC and the GEC. This article deals with Machinery (HS 84 and 85) and Transportation (HS 86 through 89) products as they comprise a significant part of total EU exports, reaching 41% of total exports in 2016. Finally, this study offers a unique illustration of results through trade potential heat maps.

目的研究欧盟机械(HS 84-85)和交通(HS86-89)产品贸易潜力的变化。该研究使用了结构重力模型、泊松伪最大似然(PPML)估计以及2002-2018年的面板数据，并采用两步程序，利用双边贸易的预测值来比较潜在贸易和实际贸易。机械产品的研究结果表明，有可能扩大与美洲大陆现有区域贸易协定(rta)和非洲伊加特地区国家的贸易。在运输方面，美洲、非洲和中东与区域贸易协定的贸易潜力很大。政策建议集中于通过贸易自由化和协定扩散加强贸易关系的机会。原创性/价值迄今为止，还没有研究将欧盟作为一个单一国家来审视欧盟贸易潜力的“集体”衡量标准。扩大贸易的现有机会的变化是欧盟成员国共同的，对政策制定特别感兴趣，特别是在最近全球金融危机(GFC)和希腊经济危机(GEC)带来的动荡之后。将欧盟视为一个单一的实体，对于制定有效、共同的欧盟贸易政策是必要的。本研究的重点是制造业，以考察欧盟在全球金融危机和全球经济危机之后扩大贸易的现有机会。本文涉及机械(HS 84和85)和运输(HS 86至89)产品，因为它们占欧盟出口总额的很大一部分，2016年占出口总额的41%。最后，本研究通过贸易潜力热图提供了一个独特的结果说明。

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引用次数: 0

Fast-food consumption and individual time preferences in Russia: evidence for the social policy 俄罗斯的快餐消费和个人时间偏好:社会政策的证据

Q2 ECONOMICS

JOURNAL OF ECONOMIC STUDIES

Pub Date : 2023-11-15 DOI: 10.1108/jes-06-2023-0282

Tatiana Kossova, Maria Sheluntcova

Purpose This article aims to investigate the role of socioeconomic factors and individual time preferences in the demand for fast-food in Russia. An individual discount rate shows the ability of a person to postpone utility from consumption to future periods. Design/methodology/approach An individual discount rate is measured through a hypothetical money experiment. The database is the special survey of the Levada analytical center conducted in 2017. Multivariate probit model enables the authors to consider the possible endogeneity of individual discount rate and reveal the relationship between socioeconomic factors and frequent fast-food consumption. Findings Results show that a higher individual discount rate is related to frequent consumption of fast-food. At the same time, there are factors that provoke both a higher individual discount rate and the refusal of frequent consumption of fast-food. Findings advise the prioritization of measures highlighting the short-term benefits of healthy eating and the short-term costs of avoiding it. Originality/value To the authors' knowledge, this article is the first one which presents comprehensive investigation of microeconomic factors of fast-food consumption in Russia including individual time preferences of consumers.

本研究旨在探讨社会经济因素和个人时间偏好在俄罗斯快餐需求中的作用。个人贴现率显示了一个人将效用从消费推迟到未来时期的能力。个人贴现率是通过假设的货币实验来衡量的。该数据库是勒瓦达分析中心在2017年进行的专项调查。多元概率模型可以考虑个体折现率可能的内生性，揭示社会经济因素与频繁快餐消费之间的关系。研究结果表明，较高的个人折扣率与频繁食用快餐有关。与此同时，也有一些因素引发了更高的个人折扣率和拒绝频繁消费快餐。研究结果建议优先采取措施，突出健康饮食的短期效益和避免健康饮食的短期成本。据作者所知，这篇文章是第一次全面调查俄罗斯快餐消费的微观经济因素，包括消费者的个人时间偏好。

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引用次数: 0

Assessing the resilience of the US banking sector under a macroeconomic stress testing 在宏观经济压力测试中评估美国银行业的弹性

Q2 ECONOMICS

JOURNAL OF ECONOMIC STUDIES

Pub Date : 2023-11-14 DOI: 10.1108/jes-03-2023-0116

Mohamed Lachaab

Purpose The increased capital requirements and the implementation of new liquidity standards under Basel III sparked various concerns among researchers, academics and other stakeholders. The question is whether Basel III regulation is ideal, that is, adequate to deal with a crisis, such as the 2007–2009 global financial crisis? The purpose of this paper is threefold: First, perform a stress testing exercise on the US banking sector, while examining liquidity and solvency risk indicators jointly under the Basel III regulatory framework. Second, allow the study to cover the post-crisis period, while referring to key Basel III regulatory requirements. And third, focus on the resilience of domestic systemically important banks (D-SIBs), which are supposed to support the US financial system in times of stress and therefore whose failure causes the entire financial system to fail. Design/methodology/approach The authors used a sample of the 24 largest US banks observed over the period Q1-2015 to Q1-2021 and a scenario-based vector autoregressive conditional forecasting approach. Findings The authors found that the model successfully produces accurate forecasts and simulates the responses of the solvency and liquidity indicators to different real and historical macroeconomic shocks. The authors also found that the US banking sector is resilient and can withstand both historical and hypothetical macroeconomic shocks because of its compliance with the Basel III capital and liquidity regulations, which consist of encouraging banks to hold high-quality liquid assets and stable funding resources and to strengthen their capital, which absorbs the losses incurred in a crisis. Originality/value The authors developed a framework for testing the resilience of the US banking sector under macroeconomic shocks, while examining liquidity and solvency risk indicators jointly under Basel III regulatory framework, a point not yet well studied elsewhere, and most studies on this subject are based on precrisis data. The authors also focused on the resilience of D-SIBs, whose failure causes the failure of the entire financial system, which previous studies have failed to examine.

在巴塞尔协议III下，资本要求的提高和新的流动性标准的实施引发了研究人员、学者和其他利益相关者的各种担忧。问题是，巴塞尔协议III的监管是否理想，即是否足以应对危机，比如2007-2009年的全球金融危机?本文的目的有三个:首先，对美国银行业进行压力测试，同时在巴塞尔协议III监管框架下联合检查流动性和偿付能力风险指标。其次，让研究涵盖危机后时期，同时参考《巴塞尔协议III》(Basel III)的关键监管要求。第三，关注国内具有系统重要性的银行(d - sib)的弹性，这些银行本应在压力时期支持美国金融体系，因此，它们的失败会导致整个金融体系崩溃。设计/方法/方法作者使用了2015年第一季度至2021年第一季度期间观察到的美国24家最大银行的样本，并采用了基于场景的矢量自回归条件预测方法。结果表明，该模型能够准确地预测并模拟偿付能力和流动性指标对不同现实和历史宏观经济冲击的反应。作者还发现，美国银行业具有弹性，能够承受历史和假设的宏观经济冲击，因为它遵守了《巴塞尔协议III》(Basel III)的资本和流动性监管规定，其中包括鼓励银行持有高质量的流动资产和稳定的融资资源，并加强其资本，以吸收危机中发生的损失。作者开发了一个框架，用于测试美国银行业在宏观经济冲击下的弹性，同时在巴塞尔III监管框架下联合检查流动性和偿付能力风险指标，这一点在其他地方尚未得到很好的研究，关于这一主题的大多数研究都是基于危机前的数据。作者还关注了d - sib的弹性，它们的失败会导致整个金融体系的失败，这是之前的研究未能检验的。

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引用次数: 0

Abortion stigma, government regulation and religiosity: findings from the case of Iran 堕胎耻辱、政府管制和宗教信仰:来自伊朗案例的调查结果

Q2 ECONOMICS

JOURNAL OF ECONOMIC STUDIES

Pub Date : 2023-11-10 DOI: 10.1108/jes-06-2023-0310

Farzin Rasoulyan, Seyed Reza Mirnezami, Arash Khalili Nasr, Bahar Morshed-Behbahani

Purpose Experiencing stigma after abortion may decelerate the accumulation of human capital. Despite the importance of studying the relationship between religiosity and abortion stigma, the topic is understudied, especially in Islamic contexts. Abortion was legalized in Iran in 2005. Under the new law, far more cases are allowed for abortion. This change provided an opportunity to explore the interplay of abortion stigma, legalization and religiosity in Iran. Design/methodology/approach Using regression analysis based on 291 completed questionnaires from two cities in Iran, this study analyzes the relation between abortion stigma level and religiosity in Iran, controlling for contextual and individual variables. The time trend is also identified. The authors use different manifestations of abortion stigma as dependent variables. Findings The authors found that abortion stigma and its two manifestations decreased after the new law, suggesting that its legalization might have caused abortion stigma to decrease gradually. Another finding of this study is that the correlations between abortion stigma (internalized stigma) and individual religiosity level are meaningful and positive; religious people feel higher levels of abortion stigma. Originality/value The study supports the idea that effective health regulations (in the specific case of abortion) would result in less cost/risk of social issues like stigma. Policymakers in religious societies must pay more attention to the specific case of abortion stigma since it is very important for the mental health of women who think of abortion and/or select it.

流产后经历耻辱可能会减缓人力资本的积累。尽管研究宗教信仰和堕胎耻辱之间的关系很重要，但这个话题还没有得到充分的研究，尤其是在伊斯兰背景下。2005年，伊朗将堕胎合法化。根据新法律，允许堕胎的案例要多得多。这一变化为探索伊朗堕胎的耻辱、合法化和宗教信仰之间的相互作用提供了机会。设计/方法/方法本研究基于伊朗两个城市291份已完成的问卷，在控制环境变量和个体变量的基础上，分析了伊朗堕胎污名水平与宗教信仰的关系。还确定了时间趋势。作者使用堕胎耻辱的不同表现作为因变量。研究发现，新法律实施后，堕胎病耻感及其两种表现有所下降，可能是堕胎合法化导致堕胎病耻感逐渐减少的原因。本研究的另一个发现是堕胎污名(内化污名)与个人宗教信仰水平之间存在显著的正相关;宗教人士对堕胎的耻辱感更高。独创性/价值该研究支持这样一种观点，即有效的卫生法规(在堕胎的具体情况下)将导致更低的成本/社会问题风险，如耻辱。宗教社会的政策制定者必须更多地关注堕胎耻辱的具体情况，因为这对考虑堕胎和/或选择堕胎的妇女的心理健康非常重要。

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引用次数: 0