Pub Date : 2023-09-01DOI: 10.14254/2071-789x.2023/16-3/14
Goranka Knežević, Vladan Pavlović, Radica Bojičić
This study aims to investigate the effect of gender diversity in board of directors in banks on environmental, economic, social, and governance (CSR) reporting. The sample comprises 85 banks operating in the Central and West Balkan region. Research results suggest that gender diversity in a two-tier board system in bank boards does not affect CSR reporting as measured by the constructed EESG index with statistical significance. However, taking into consideration specific elements of this index, we found that gender diversity on the supervisory board had a positive effect on variables that compose this index. This is the first study to provide insight into gender and the CSR reporting nexus in the Central and West Balkan region. This study contributes to the discussions on those issues in a global scale and in terms of the banking sector in particular.
{"title":"Does gender diversity improve CSR reporting? Evidence from the Central and West Balkan banking sector","authors":"Goranka Knežević, Vladan Pavlović, Radica Bojičić","doi":"10.14254/2071-789x.2023/16-3/14","DOIUrl":"https://doi.org/10.14254/2071-789x.2023/16-3/14","url":null,"abstract":"This study aims to investigate the effect of gender diversity in board of directors in banks on environmental, economic, social, and governance (CSR) reporting. The sample comprises 85 banks operating in the Central and West Balkan region. Research results suggest that gender diversity in a two-tier board system in bank boards does not affect CSR reporting as measured by the constructed EESG index with statistical significance. However, taking into consideration specific elements of this index, we found that gender diversity on the supervisory board had a positive effect on variables that compose this index. This is the first study to provide insight into gender and the CSR reporting nexus in the Central and West Balkan region. This study contributes to the discussions on those issues in a global scale and in terms of the banking sector in particular.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135686985","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}
Pub Date : 2023-09-01DOI: 10.14254/2071-789x.2023/16-3/1
Anna Shostya, Moshe Banai, Julieth Saenz-Molina
This study is an addition to the body of research about the relationship between culture, governance, and national economic performance. Specifically, it focuses on the mediating role of government in the relationship between national culture and Gross Domestic Product growth. We utilize the GLOBE study’s eight cultural dimensions and the World Economic Forum’s Government Adaptability Index to conduct a cross-sectional analysis in fifty-seven countries. Our results indicate that institutionally collectivist and future oriented societies are more likely to have governments that are adaptable to economic and technological changes and, thus, have a greater capacity to stimulate the output per capita growth. Additionally, the results suggest that cultural dimensions are related to each other, and these relationships may improve national economic performance. The findings provide valuable insights into policy decision-making and leadership.
{"title":"The role of culture and government adaptability in determining countries‘ economic performance","authors":"Anna Shostya, Moshe Banai, Julieth Saenz-Molina","doi":"10.14254/2071-789x.2023/16-3/1","DOIUrl":"https://doi.org/10.14254/2071-789x.2023/16-3/1","url":null,"abstract":"This study is an addition to the body of research about the relationship between culture, governance, and national economic performance. Specifically, it focuses on the mediating role of government in the relationship between national culture and Gross Domestic Product growth. We utilize the GLOBE study’s eight cultural dimensions and the World Economic Forum’s Government Adaptability Index to conduct a cross-sectional analysis in fifty-seven countries. Our results indicate that institutionally collectivist and future oriented societies are more likely to have governments that are adaptable to economic and technological changes and, thus, have a greater capacity to stimulate the output per capita growth. Additionally, the results suggest that cultural dimensions are related to each other, and these relationships may improve national economic performance. The findings provide valuable insights into policy decision-making and leadership.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135688172","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}
Pub Date : 2023-09-01DOI: 10.14254/2071-789x.2023/16-3/16
Gulbakhyt Olzhebayeva, Timur Buldybayev, Dainius Pavalkis, Anel A. Kireyeva, Astrida Miceikienė
Research activities play a critical role in facilitating growth and promoting sustainable development. However, the scientific interest level in the European Green Deal in Central Asia remains uncertain. Therefore, this research paper aims to define the interest of Central Asian researchers in the Green Deal. A literature review was conducted using the bibliographic analysis method for Web of Science publications published over 2018-2023 and originating from Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan. Co-occurrence analysis of keywords and co-authorship analysis were performed using the VosViewer 1.6.19 software. The co-occurrence analysis revealed that the Green Deal is a complex and interdisciplinary issue that highlights the importance of collaboration among stakeholders and researchers from different sectors. The co-authorship analysis identified the patterns of collaboration among authors, with many working with international partners. The distribution of publications and citations varied across different countries and keywords related to environmental and sustainability topics. It was also found that the number of publications has been increasing. Finally, correlation and regression analysis were applied to identify the factors that influence publication activity about the Green Deal.
研究活动在促进增长和促进可持续发展方面发挥着关键作用。然而，科学对《欧洲绿色协议》在中亚的兴趣程度仍然不确定。因此，本文旨在界定中亚研究人员对绿色协议的兴趣。采用文献分析方法对2018-2023年发表的来自哈萨克斯坦、吉尔吉斯斯坦、塔吉克斯坦和乌兹别克斯坦的Web of Science出版物进行文献综述。使用VosViewer 1.6.19软件进行关键词共现分析和合著分析。共现分析表明，绿色协议是一个复杂的跨学科问题，强调了不同部门的利益相关者和研究人员之间合作的重要性。共同作者分析确定了作者之间的合作模式，其中许多人与国际伙伴合作。与环境和可持续性主题有关的出版物和引文在不同国家和关键词的分布情况各不相同。还发现出版物的数量一直在增加。最后，运用相关和回归分析找出影响绿色协议出版活动的因素。
{"title":"Is there interest in green deal research in Central Asia?","authors":"Gulbakhyt Olzhebayeva, Timur Buldybayev, Dainius Pavalkis, Anel A. Kireyeva, Astrida Miceikienė","doi":"10.14254/2071-789x.2023/16-3/16","DOIUrl":"https://doi.org/10.14254/2071-789x.2023/16-3/16","url":null,"abstract":"Research activities play a critical role in facilitating growth and promoting sustainable development. However, the scientific interest level in the European Green Deal in Central Asia remains uncertain. Therefore, this research paper aims to define the interest of Central Asian researchers in the Green Deal. A literature review was conducted using the bibliographic analysis method for Web of Science publications published over 2018-2023 and originating from Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan. Co-occurrence analysis of keywords and co-authorship analysis were performed using the VosViewer 1.6.19 software. The co-occurrence analysis revealed that the Green Deal is a complex and interdisciplinary issue that highlights the importance of collaboration among stakeholders and researchers from different sectors. The co-authorship analysis identified the patterns of collaboration among authors, with many working with international partners. The distribution of publications and citations varied across different countries and keywords related to environmental and sustainability topics. It was also found that the number of publications has been increasing. Finally, correlation and regression analysis were applied to identify the factors that influence publication activity about the Green Deal.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135688176","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}
Pub Date : 2023-09-01DOI: 10.14254/2071-789x.2023/16-3/12
Krishna Dhakal, Piotr Baczar, Niranjan Devkota, Udaya Raj Paudel, Szilvia Szabó
Awareness of the significance of adapting e-recruitment and applying various management strategies has increased in private corporate organizations. This study aims to investigate the institutional perception of e-recruitment adoption in Kathmandu valley, Nepal by employing the notion of Technology Acceptance Model (TAM) and Self-Disclosure Theory (SDT). Structural Equation Modeling (SEM) and AMOS softwares are used to analyze data gathered from 286 Nepalese private organizations in Kathmandu valley between February 13 and March 10, 2022. The results indicate that private organizations in the Kathmandu valley are wary of completely embracing e-recruitment due to trust and privacy issues. This paper can be seen as an important message to Nepalese Human Resources sector, policymakers, the government and customers. Moreover, it has important theoretical implications explained from the standpoint of TAM and SDT theories. Practically, this is one of the latest attempts to assess and report on the breadth of e-recruitment adoption in Nepal’s private sector.
{"title":"Institutional perception of e-recruitment adoption in Nepal: Evidence from structural equation modeling","authors":"Krishna Dhakal, Piotr Baczar, Niranjan Devkota, Udaya Raj Paudel, Szilvia Szabó","doi":"10.14254/2071-789x.2023/16-3/12","DOIUrl":"https://doi.org/10.14254/2071-789x.2023/16-3/12","url":null,"abstract":"Awareness of the significance of adapting e-recruitment and applying various management strategies has increased in private corporate organizations. This study aims to investigate the institutional perception of e-recruitment adoption in Kathmandu valley, Nepal by employing the notion of Technology Acceptance Model (TAM) and Self-Disclosure Theory (SDT). Structural Equation Modeling (SEM) and AMOS softwares are used to analyze data gathered from 286 Nepalese private organizations in Kathmandu valley between February 13 and March 10, 2022. The results indicate that private organizations in the Kathmandu valley are wary of completely embracing e-recruitment due to trust and privacy issues. This paper can be seen as an important message to Nepalese Human Resources sector, policymakers, the government and customers. Moreover, it has important theoretical implications explained from the standpoint of TAM and SDT theories. Practically, this is one of the latest attempts to assess and report on the breadth of e-recruitment adoption in Nepal’s private sector.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135686986","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}
Pub Date : 2023-09-01DOI: 10.14254/2071-789x.2023/16-3/9
Didem Rodoplu Şahin, Mustafa Aslan, Kübra Cingöz
Due to the novel COVID-19, millions of workers in the aviation industry have lost their jobs, and most of the remaining employees experience unemployment anxiety. This study aims to investigate the effects of job insecurity on both managerial and organizational trust and the mediating role of unemployment anxiety in hopes of improving employees’ well-being and promoting business continuity. In this cross-sectional study, the convenient sampling method was adopted. The research was conducted with the participation of aviation sector employees (n=210) of ground handling companies located in Turkiye. The Partial Least Squares Structural Equation Modeling (PLS-SEM) was performed on the collected data for hypothesis testing. As per the results obtained from the study, quantitative job insecurity increases pessimism and adversely affects managerial trust and organizational trust (through managerial trust). Moreover, qualitative insecurity increases optimism, which adversely affects managerial trust. Managerial trust affects organizational trust positively. This study reveals that qualitative job insecurity led the employees to retain optimism but damaged both management and organizational trust during the COVID-19 pandemic. Quantitative job insecurity, on the other hand, caused pessimism and, as a result, affected managerial trust negatively.
{"title":"The effect of job insecurity on organizational trust during the COVID-19 pandemic: Evidence from the aviation sector","authors":"Didem Rodoplu Şahin, Mustafa Aslan, Kübra Cingöz","doi":"10.14254/2071-789x.2023/16-3/9","DOIUrl":"https://doi.org/10.14254/2071-789x.2023/16-3/9","url":null,"abstract":"Due to the novel COVID-19, millions of workers in the aviation industry have lost their jobs, and most of the remaining employees experience unemployment anxiety. This study aims to investigate the effects of job insecurity on both managerial and organizational trust and the mediating role of unemployment anxiety in hopes of improving employees’ well-being and promoting business continuity. In this cross-sectional study, the convenient sampling method was adopted. The research was conducted with the participation of aviation sector employees (n=210) of ground handling companies located in Turkiye. The Partial Least Squares Structural Equation Modeling (PLS-SEM) was performed on the collected data for hypothesis testing. As per the results obtained from the study, quantitative job insecurity increases pessimism and adversely affects managerial trust and organizational trust (through managerial trust). Moreover, qualitative insecurity increases optimism, which adversely affects managerial trust. Managerial trust affects organizational trust positively. This study reveals that qualitative job insecurity led the employees to retain optimism but damaged both management and organizational trust during the COVID-19 pandemic. Quantitative job insecurity, on the other hand, caused pessimism and, as a result, affected managerial trust negatively.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135686864","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}
Pub Date : 2023-09-01DOI: 10.14254/2071-789x.2023/16-3/5
Borbála Szüle
There are several factors that contribute to the success of a society. Economic and demographic developments are known as important drivers, while the role of parental employment as a key component is sometimes overlooked. This paper focuses on the effects of childcare availability on female and male employment in the European Union regions. Regional differences may be significant, therefore separate panel regression models (with economic and demographic control variables) are established for regions in old and new member states, and the results are compared across different levels of male and female educational attainment. The findings suggest that there is a considerable difference between old and new members states. The availability of early childhood educational development significantly increases employment both for female and male employees with higher education levels in new members states, while this effect is not significant in old member states. For male employees with relatively low education levels, the availability of early childhood educational development does have a significant effect on employment both in old and new member states but this does not hold for female employees with lower education levels.
{"title":"Employment effects of childcare availability: Evidence from European Union","authors":"Borbála Szüle","doi":"10.14254/2071-789x.2023/16-3/5","DOIUrl":"https://doi.org/10.14254/2071-789x.2023/16-3/5","url":null,"abstract":"There are several factors that contribute to the success of a society. Economic and demographic developments are known as important drivers, while the role of parental employment as a key component is sometimes overlooked. This paper focuses on the effects of childcare availability on female and male employment in the European Union regions. Regional differences may be significant, therefore separate panel regression models (with economic and demographic control variables) are established for regions in old and new member states, and the results are compared across different levels of male and female educational attainment. The findings suggest that there is a considerable difference between old and new members states. The availability of early childhood educational development significantly increases employment both for female and male employees with higher education levels in new members states, while this effect is not significant in old member states. For male employees with relatively low education levels, the availability of early childhood educational development does have a significant effect on employment both in old and new member states but this does not hold for female employees with lower education levels.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135688178","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}
Pub Date : 2023-09-01DOI: 10.14254/2071-789x.2023/16-3/3
Lyubomira Spasova
This investigation has three aims: (1) to adapt and modify the STPS questionnaire - developed by Kaptein, Markopoulos, Ruyter and Aarts, (2009) as a basic instrument for measuring achieved social influence; (2) to establish susceptibility to Cialdini's persuasion strategies among different age groups; and (3) to determine the advertising effectiveness achieved through advertising messages- based on persuasion principles. The paper used the adapted and modified STPS questionnaire, measured respondents' individual susceptibility to persuasion strategies relative to their age. The results of the univariate analyses of variance show achieved social influence among different age groups in terms of the principles. For respondents aged 46-55, the principle of social proof and commitment and consistency, are relevant; scarcity is significant for 36-45-years old, while authority is dominant for the 56-65 age groups. Positive correlations were found between the persuasion strategies present in advertising: the presence of the reciprocity principle enhanced the influence of the liking and consistency principles to the greatest extent, while the presence of the scarcity principle enhanced the influence of the authority and reciprocity principles. The consumers’ susceptibility to advertising is greatest when consumers’ willingness to purchase is measured against the principle of reciprocity, authority and social proof. On the other hand, offering a stimulus in advertising is most successful when the principles of scarcity, authority, and commitment /consistency are present, and least successful when the principle of liking is present. In older age groups, different consumer sensitivity to persuasion in advertising can be achieved with different combinations of persuasion strategies. These research findings are useful for organizations that offer products and services through advertising.
{"title":"Age differences in adaption of persuasion strategies in advertising","authors":"Lyubomira Spasova","doi":"10.14254/2071-789x.2023/16-3/3","DOIUrl":"https://doi.org/10.14254/2071-789x.2023/16-3/3","url":null,"abstract":"This investigation has three aims: (1) to adapt and modify the STPS questionnaire - developed by Kaptein, Markopoulos, Ruyter and Aarts, (2009) as a basic instrument for measuring achieved social influence; (2) to establish susceptibility to Cialdini's persuasion strategies among different age groups; and (3) to determine the advertising effectiveness achieved through advertising messages- based on persuasion principles. The paper used the adapted and modified STPS questionnaire, measured respondents' individual susceptibility to persuasion strategies relative to their age. The results of the univariate analyses of variance show achieved social influence among different age groups in terms of the principles. For respondents aged 46-55, the principle of social proof and commitment and consistency, are relevant; scarcity is significant for 36-45-years old, while authority is dominant for the 56-65 age groups. Positive correlations were found between the persuasion strategies present in advertising: the presence of the reciprocity principle enhanced the influence of the liking and consistency principles to the greatest extent, while the presence of the scarcity principle enhanced the influence of the authority and reciprocity principles. The consumers’ susceptibility to advertising is greatest when consumers’ willingness to purchase is measured against the principle of reciprocity, authority and social proof. On the other hand, offering a stimulus in advertising is most successful when the principles of scarcity, authority, and commitment /consistency are present, and least successful when the principle of liking is present. In older age groups, different consumer sensitivity to persuasion in advertising can be achieved with different combinations of persuasion strategies. These research findings are useful for organizations that offer products and services through advertising.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135688289","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}
Pub Date : 2023-09-01DOI: 10.14254/2071-789x.2023/16-3/15
Francisco Javier Maza-Avila, María del Carmen Pérez-González, Juan Carlos Vergara-Schmalbach
The aim of this article is to analyse the impact of knowledge of Venezuelan migration and of the perceived socioeconomic effects of this migration on the perceptions held by Colombians engaging in informal commercial activities in Cartagena de Indias, Colombia, and on the strategies that they adopt to ensure the survival of their informal businesses. A structural equation model was developed based on data from a questionnaire administered to a representative sample of 301 informal traders in the historic centre and beach area in Cartagena de Indias, Colombia. The application of a causal theoretical model allowed the main factors affecting perceptions of migration from Venezuela among Colombian-born informal traders to be assessed. The research results indicated that the variables Knowledge of Venezuelan migration (COM), Social effects of migration (ESM) and Economic effects of migration (EEM) have significant correlation with Perceptions of Venezuelan migration (PHM). Moreover, Economic effects of migration (EEM) correlate significantly with Strategies and actions implemented by informal traders to ensure the survival of their businesses (EAI). The obtained results can be used to develop targeted action plans to contribute to improving these perceptions.
本文的目的是分析委内瑞拉移民知识的影响，以及这种移民对在哥伦比亚卡塔赫纳德印第斯从事非正式商业活动的哥伦比亚人的看法所产生的社会经济影响，以及他们为确保其非正式企业的生存而采取的策略。根据对哥伦比亚卡塔赫纳德印第亚斯历史中心和海滩地区301名非正式商人的代表性样本进行问卷调查的数据，开发了结构方程模型。因果理论模型的应用可以评估影响哥伦比亚出生的非正式贸易商对委内瑞拉移民看法的主要因素。研究结果表明，委内瑞拉移民知识(Knowledge of venezuela migration, COM)、移民社会效应(Social effects of migration, ESM)和移民经济效应(Economic effects of migration, EEM)与委内瑞拉移民认知(Perceptions of venezuela migration, PHM)存在显著相关。此外，移民的经济影响(EEM)与非正规贸易商为确保其业务生存(EAI)而实施的战略和行动显著相关。获得的结果可用于制定有针对性的行动计划，以有助于改善这些看法。
{"title":"Perceptions of the socioeconomic effects of Venezuelan migration among informal traders in Cartagena de Indias (Colombia)","authors":"Francisco Javier Maza-Avila, María del Carmen Pérez-González, Juan Carlos Vergara-Schmalbach","doi":"10.14254/2071-789x.2023/16-3/15","DOIUrl":"https://doi.org/10.14254/2071-789x.2023/16-3/15","url":null,"abstract":"The aim of this article is to analyse the impact of knowledge of Venezuelan migration and of the perceived socioeconomic effects of this migration on the perceptions held by Colombians engaging in informal commercial activities in Cartagena de Indias, Colombia, and on the strategies that they adopt to ensure the survival of their informal businesses. A structural equation model was developed based on data from a questionnaire administered to a representative sample of 301 informal traders in the historic centre and beach area in Cartagena de Indias, Colombia. The application of a causal theoretical model allowed the main factors affecting perceptions of migration from Venezuela among Colombian-born informal traders to be assessed. The research results indicated that the variables Knowledge of Venezuelan migration (COM), Social effects of migration (ESM) and Economic effects of migration (EEM) have significant correlation with Perceptions of Venezuelan migration (PHM). Moreover, Economic effects of migration (EEM) correlate significantly with Strategies and actions implemented by informal traders to ensure the survival of their businesses (EAI). The obtained results can be used to develop targeted action plans to contribute to improving these perceptions.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135686863","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}
Pub Date : 2023-09-01DOI: 10.14254/2071-789x.2023/16-3/2
Zun Yuan Wong, Suhal Kusairi, Zairihan Abdul Halim
Recently, household debt has been steadily increasing across the globe. Household consumption is an essential factor in household debt, along with households' characteristics, such as their location, the gender of the household head, and their income group. Therefore, this research investigates the disparities in the impacts of households' characteristics on their indebtedness and consumption. The study utilizes the Household Expenditure and Income Survey conducted in 2019 by the Department of Statistics of Malaysia, which included a simple random sample of 4,730 households. A simultaneous equations model is the employed method of analysis, and the results reveal that the gender of the household head, residential areas, and income groups have differential effects on household consumption and indebtedness through predetermined variables. Specifically, results show that indebtedness has a negative effect on household consumption for the middle-income group (M40); savings are negatively associated with consumption for households living in rural areas and the M40 group. Furthermore, income is positively associated with consumption for rural households and when the household head is female. Finally, household size also has a positive effect on consumption.
{"title":"Household consumption and indebtedness: Are there disparities between genders, rural–urban areas, and among income groups?","authors":"Zun Yuan Wong, Suhal Kusairi, Zairihan Abdul Halim","doi":"10.14254/2071-789x.2023/16-3/2","DOIUrl":"https://doi.org/10.14254/2071-789x.2023/16-3/2","url":null,"abstract":"Recently, household debt has been steadily increasing across the globe. Household consumption is an essential factor in household debt, along with households' characteristics, such as their location, the gender of the household head, and their income group. Therefore, this research investigates the disparities in the impacts of households' characteristics on their indebtedness and consumption. The study utilizes the Household Expenditure and Income Survey conducted in 2019 by the Department of Statistics of Malaysia, which included a simple random sample of 4,730 households. A simultaneous equations model is the employed method of analysis, and the results reveal that the gender of the household head, residential areas, and income groups have differential effects on household consumption and indebtedness through predetermined variables. Specifically, results show that indebtedness has a negative effect on household consumption for the middle-income group (M40); savings are negatively associated with consumption for households living in rural areas and the M40 group. Furthermore, income is positively associated with consumption for rural households and when the household head is female. Finally, household size also has a positive effect on consumption.","PeriodicalId":51663,"journal":{"name":"Economics & Sociology","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135688173","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}
Pub Date : 2023-09-01DOI: 10.14254/2071-789x.2023/16-3/17
Laura Ashirbekova, Khalima Sansyzbayeva, Aknur Zhidebekkyzy, Anna Janus
The COVID-19 pandemic, a global crisis of unprecedented scale, has profoundly affected societies worldwide, transcending political, economic, cultural, and social boundaries. Kazakhstan, like many countries in the world, faced multifaceted challenges stemming from the pandemic, which revealed vulnerabilities in its governance systems. This study explores the impact of the pandemic on income levels and employment in Kazakhstan and evaluates the effectiveness of government support measures in enhancing the population's well-being. Methodologically, the study employs a population survey conducted over two quarters in 2021, encompassing 7,475 respondents. The survey data were analyzed in the Statistical Package for Social Sciences (SPSS), version 25. Utilizing both qualitative and quantitative analyses, the research is based on statistical estimations, correlation assessments, and visual representations. The results offer significant insights into the pandemic's effect on the income and employment levels of citizens and their assessment of the government's policy actions in Kazakhstan. A notable proportion of respondents reported an income decrease, while employment changes varied across regions and sectors. Furthermore, the study assesses the impact of government support measures, revealing a varied awareness of these measures among the population. The effectiveness of these measures in improving well-being is examined, highlighting the need for enhanced public awareness and implementation strategies. In conclusion, this research contributes valuable insights into the socioeconomic consequences of the COVID-19 pandemic in Kazakhstan for evidence-based policymaking in the future.
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