Research in Applied Economics最新文献_第8页

Economic Implications of Fethullahist Terrorist Organization and Parallel State Constitution on Turkish Economy Fethullahist恐怖组织与平行国家宪法对土耳其经济的经济影响

Research in Applied Economics Pub Date : 2017-09-07 DOI: 10.5296/RAE.V9I3.11677

L. Aydın

引用次数: 0

Economic and Institutional Determinants of FDI in the Chilean Case: An Empirical Analysis, 1960-2014 智利外商直接投资的经济和制度决定因素:1960-2014年的实证分析

Research in Applied Economics Pub Date : 2017-08-26 DOI: 10.5296/RAE.V9I3.11435

Miguel Ramírez

{"title":"Economic and Institutional Determinants of FDI in the Chilean Case: An Empirical Analysis, 1960-2014","authors":"Miguel Ramírez","doi":"10.5296/RAE.V9I3.11435","DOIUrl":"https://doi.org/10.5296/RAE.V9I3.11435","url":null,"abstract":"This paper examines some of the major economic and institutional factors underlying the surge in foreign direct investment (FDI) flows to Chile during the more recent 1990-2014 period. It reports econometric results which suggest that standard economic variables and major changes in the institutional-legal status of foreign capital are, in large measure, responsible for the rapid increase in net FDI inflows to leading sectors of the Chilean economy. Cointegration analysis and error-correction modeling suggest that market size, the real exchange rate, the debt-service ratio, education, physical infrastructure, and the Fraser Institute’s economic freedom index are economically significant in explaining the variation in net FDI inflows to the country. Dummy variables, designed to capture qualitative factors such as the impact of economic crises and institutional reforms, are also included and they have their anticipated signs and are statistically significant. The paper also addresses the long-term negative effects of rapidly growing profit and dividend remittances on the financing of capital formation and the Chilean balance of payments in recent years.","PeriodicalId":225665,"journal":{"name":"Research in Applied Economics","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114932026","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

Is the Club Convergence Hypothesis Validy for Turkey Tourism Market 俱乐部收敛假说对土耳其旅游市场是否有效

Research in Applied Economics Pub Date : 2017-08-26 DOI: 10.5296/RAE.V9I3.11334

Fatih Kaplan, E. Öztürk, Şule Güngör

引用次数: 4

About Opportunity of Fiscal Relaxation and Wage Increase in Romania or What is Like to be Caught on the Wrong Foot 关于罗马尼亚财政放松和工资增长的机会，或者什么是措手不及

Research in Applied Economics Pub Date : 2017-06-24 DOI: 10.5296/RAE.V9I2.11289

C. Barbu

引用次数: 1

Impact of Gender Inequality on Economic Growth in the Arab Region 性别不平等对阿拉伯地区经济增长的影响

Research in Applied Economics Pub Date : 2017-06-20 DOI: 10.5296/RAE.V9I2.10297

Nayef Alshammari, Monira Al Rakhis

引用次数: 11

Urban Concentration, Agglomeration Economies and the Spatial Structure of Italian Local Labor Market Areas 城市集中、集聚经济与意大利地方劳动力市场区域的空间结构

Research in Applied Economics Pub Date : 2017-06-20 DOI: 10.5296/rae.v9i2.11426

L. Salvati, M. Zitti

{"title":"Urban Concentration, Agglomeration Economies and the Spatial Structure of Italian Local Labor Market Areas","authors":"L. Salvati, M. Zitti","doi":"10.5296/rae.v9i2.11426","DOIUrl":"https://doi.org/10.5296/rae.v9i2.11426","url":null,"abstract":"This study investigates the evolution of local labor systems (1996-2005) in Italy by introducing an indicator of economic agglomeration (per-land value added) with the aim to identify changes in urban hierarchy. Factors promoting local competitiveness in a traditionally-divided country such as Italy were also identified based on a joint analysis of economic growth and population increase over time. The spatial distribution of per-land value added standardized by population density was studied using a Moran's index of spatial autocorrelation identifying urban clusters and economically-dynamic rural districts. An index of economic competitiveness based on the ratio of changes over time of per-land value added to population density was proposed with the aim to evaluate direction and intensity of variation in the Italian urban hierarchy. This index was finally contrasted with background socioeconomic variables characterizing local labor systems with the objective to propose a multivariate analysis of urban concentration and hierarchy based on multiple criteria and territorial attributes. The proposed index was found correlated with variables assessing the economic structure of labor markets during 1996-2000 and with territorial variables assessing socio-spatial issues, accessibility and settlement characteristics during 2001-2005. Per-land value added could differentiate local labor systems along urban-rural gradients, evidencing a marked north-south divide when standardized to population density. Results of this study candidate per-land value added as a reliable proxy of the (changing) urban hierarchy in a given country or region.","PeriodicalId":225665,"journal":{"name":"Research in Applied Economics","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131032638","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

The Impact of Exchange Rate on Market Fundamentals: A Case Study of J-curve Effect in Vietnam 汇率对市场基本面的影响:以越南j曲线效应为例

Research in Applied Economics Pub Date : 2017-03-30 DOI: 10.5296/RAE.V9I1.11019

Nguyễn Quang Mỹ, Mustafa Sayim, Hamid Rahman

引用次数: 4

Who Really Benefits from Mandatory Adoption of IFRS? A Closer Look at Preparers and Users of Financial Information 谁真正受益于强制采用国际财务报告准则?仔细观察财务信息的编制者和使用者

Research in Applied Economics Pub Date : 2017-03-30 DOI: 10.5296/RAE.V9I1.10900

Michel Sayumwe, Claude Francoeur

{"title":"Who Really Benefits from Mandatory Adoption of IFRS? A Closer Look at Preparers and Users of Financial Information","authors":"Michel Sayumwe, Claude Francoeur","doi":"10.5296/RAE.V9I1.10900","DOIUrl":"https://doi.org/10.5296/RAE.V9I1.10900","url":null,"abstract":"Since 1 January 2005, the European Union (EU) has mandated implementation of International Financial Reporting Standards (IFRS) for preparation of consolidated financial statements for EU-listed firms. This paper analyzes the economic impact of mandatory adoption of IFRS on firms, investors, and creditors. Relying on the positive accounting theory, we study the economic impact of the new conceptual framework of financial information from IASB (2010), especially in paragraph OB2, where investors and creditors are designated as the main users of financial information, and QC 38, which assesses whether the benefits of financial information justify the costs associated with its production and use. Our sample is composed of 2,926 European firms that adopted IFRS in 2005. Results show that firm’s cost of capital declines when comparing data before and after IFRS adoption. For creditors, our results suggest that credit rating improves after IFRS adoption. However, we do not notice any significant difference in the quality of accounting earnings for investors. We also test if these results hold in the presence of asymmetric information, financial dependence and family ownership structure. Our results confirm the above trend. We conclude that the market anticipates the content of accounting data, and that mandatory adoption of IFRS has no impact on investors.","PeriodicalId":225665,"journal":{"name":"Research in Applied Economics","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128521711","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

The Effects of Inward and Outward Foreign Direct Investments on Economic Growth: Evidence from the G-7 and Selected Emerging Market Economies (1994-2015) 内外直接投资对经济增长的影响:来自七国集团和部分新兴市场经济体的证据(1994-2015)

Research in Applied Economics Pub Date : 2017-03-30 DOI: 10.5296/RAE.V9I1.10986

Omer Yalcinkaya, Halil İbrahim Aydin

{"title":"The Effects of Inward and Outward Foreign Direct Investments on Economic Growth: Evidence from the G-7 and Selected Emerging Market Economies (1994-2015)","authors":"Omer Yalcinkaya, Halil İbrahim Aydin","doi":"10.5296/RAE.V9I1.10986","DOIUrl":"https://doi.org/10.5296/RAE.V9I1.10986","url":null,"abstract":"In this study, the long termed effects of foreign direct (capital) investments inflows and outflows on the economic growth of the economies of developed G-7 countries where the capital mobility is intense and selected emerging market economies (Brazil, China, India, Mexico, Russia, South Africa and Turkey (EME-7)) are empirically analyzed for the period of 1994-2015 within the scope of the new generation panel data methodology. From this aspect, it is also aimed to economically analyze whether the foreign direct investments inflows and outflows in countries of G-7 and EME-7 have an effect on the economic growth as is seen in the theoretical framework by being considered the capital exporter/importer positions of these countries. Determined in consequence of the study that foreign direct investments inflows/outflows in the countries of G-7 have a positive and statistically significant effect on economic growth in the long term. Also determined that the foreign direct investments inflows have a positive and statistically significant effect on economic growth in countries of EME-7; while the foreign direct investments outflows have not the same effect on the economic growth. These results which are consonant with the theoretical and empirical literature show that just both foreign direct investments inflows and outflows have a significant role in economic growth on G-7 countries; just foreign direct investments inflows have an important role in economic growth on EME-7 countries at the same time.","PeriodicalId":225665,"journal":{"name":"Research in Applied Economics","volume":"78 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-03-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123553862","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

The Sustainable Development Goals and Agenda 2063: Implications for Economic Integration in Africa 可持续发展目标和《2063年议程》:对非洲经济一体化的影响

Research in Applied Economics Pub Date : 2016-12-04 DOI: 10.5296/RAE.V8I4.10194

D. Sparks

{"title":"The Sustainable Development Goals and Agenda 2063: Implications for Economic Integration in Africa","authors":"D. Sparks","doi":"10.5296/RAE.V8I4.10194","DOIUrl":"https://doi.org/10.5296/RAE.V8I4.10194","url":null,"abstract":"This paper examines how Africai¯s recent efforts to promote economic integration, specifically the Regional Economic Communities (RECs) and the proposed Continental Free Trade Area (CFTA) are supported by and in harmony with the Post 2015 Development Agenda and the African Unioni¯s Agenda 2063 initiative. The World Banki¯s Global Economic Prospects projects for the period 2014-2017 that five of the worldi¯s 13 top growing economies will be in Africa. However, it is distressing and puzzling that such growth has not been accompanied by reduced poverty, income inequality and unemployment. It is also unsettling that few states met all of the Millennium Development Goals (MDGs) which expired at the end of last year. Furthermore, Africa will likely be confronted by daunting challenges in the near term. This ominous situation is enhanced by the nature of Africai¯s trade, both within the continent and in the global economy. To counter some of these constraints, especially the tariff barriers, the RECs and the CFTA will be critical in stimulating trade growth. Increased economic integration, either on a regional level or on a continent-wide level under the general guidelines of the Sustainable Development Goals (SDGs) and Agenda 2063 will result in increased trade which will, in the long term, increase incomes, reduce poverty, increase employment, provide greater consumer choice, and will offer shelter from exogenous external shocks. However, at least in the short term, such gains are also typically accompanied by loses. This paper calls for a continental Integration Compensation Funding Mechanism (ICFM) to balance some of these loses. The ICFM would be developed and managed by the African Development Bank, the United Nations Economic Commission for Africa and the African Union.","PeriodicalId":225665,"journal":{"name":"Research in Applied Economics","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-12-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129977673","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