The Economics of Sustainable Transformation最新文献

Circular economy calls for a tax system restructuring 循环经济要求税制改革

The Economics of Sustainable Transformation Pub Date : 2021-10-12 DOI: 10.4324/9781003219958-11

Katarzyna Kimla-Walenda

引用次数: 0

The impact of artificial intelligence on allocative efficiency 人工智能对配置效率的影响

The Economics of Sustainable Transformation Pub Date : 2021-10-12 DOI: 10.4324/9781003219958-17

Anna Grygiel-Tomaszewska, Lech Kurkliński

{"title":"The impact of artificial intelligence on allocative efficiency","authors":"Anna Grygiel-Tomaszewska, Lech Kurkliński","doi":"10.4324/9781003219958-17","DOIUrl":"https://doi.org/10.4324/9781003219958-17","url":null,"abstract":"Artificial intelligence (AI) became one of the constitutional factors of the fifth industrial revolution in the global economy. It influences the use of resources (environmental impact), reshapes the labour market, dehumanises work (social impact), and diminishes the role of human management (governance impact). This chapter investigates the impact of AI-supported high-frequency trading (HFT) on the efficiency of capital allocation in global financial markets and its consequences for the sustainability of economies. This issue has become ever more important during the COVID-19 pandemic because low interest rates and quantitative easing provoke large transfers of savings and investments into the capital markets. The aim of the chapter was fulfilled with the citations count regression model and theoretically informed analysis of the leveraged research papers. Data for the research were derived from the Web of Science Core Collection, for the timeframe of 2016-2020. The research confirms and presents the impact of HFT on price discovery, liquidity, transactional costs, bid/ask spreads, volatility, and vulnerability to flash crash emergence, all contributing to the financial market allocative efficiency and thus - to the sustainable development of economies. The last would however also require legal protection of latent traders and the requirement to use ESG criteria by HFT algorithms. © 2021 selection and editorial matter, Anna Szelagowska and Aneta Pluta-Zaremba;individual chapters, the contributors.","PeriodicalId":328849,"journal":{"name":"The Economics of Sustainable Transformation","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129648140","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 role of stock exchanges in the transmission of Sustainable Development Goals to enterprises 证券交易所在向企业传递可持续发展目标方面的作用

The Economics of Sustainable Transformation Pub Date : 2021-10-12 DOI: 10.4324/9781003219958-16

A. Adamska, Tomasz J. Dąbrowski

引用次数: 0

Anti-abuse and anti-evasion measures in the VAT system of European countries as a key factor of sustainable development 欧洲国家增值税制度中的反滥用和反逃税措施是可持续发展的关键因素

The Economics of Sustainable Transformation Pub Date : 2021-10-12 DOI: 10.4324/9781003219958-13

P. Karwat

引用次数: 0

Eco-innovations in the circular economy 循环经济中的生态创新

The Economics of Sustainable Transformation Pub Date : 2021-10-12 DOI: 10.4324/9781003219958-06

P. Bartoszczuk

引用次数: 0

Circular economy values perspectives on digital supply chain business models 循环经济重视数字供应链商业模式的观点

The Economics of Sustainable Transformation Pub Date : 2021-10-12 DOI: 10.4324/9781003219958-07

K. Nowicka

引用次数: 0

Transformation of the economy 经济转型

The Economics of Sustainable Transformation Pub Date : 2021-10-12 DOI: 10.4324/9781003219958-03

A. Pluta-Zaremba, A. Szelągowska

引用次数: 0

The energy security trap 能源安全陷阱

The Economics of Sustainable Transformation Pub Date : 2021-10-12 DOI: 10.4324/9781003219958-04

M. Mróz

引用次数: 0

Index of national SRI practices 国家SRI实践指数

The Economics of Sustainable Transformation Pub Date : 2021-10-12 DOI: 10.4324/9781003219958-15

Magdalena Mikołajek-Gocejna

{"title":"Index of national SRI practices","authors":"Magdalena Mikołajek-Gocejna","doi":"10.4324/9781003219958-15","DOIUrl":"https://doi.org/10.4324/9781003219958-15","url":null,"abstract":"Corporate Social Responsibility (CSR) and its influence on companies’ financial performance have changed the investment landscape. As a result, next to the traditional market indices, Socially Responsible Investing (SRI) indices are created to combine the environmental, social, and governance criteria. Even though the literature on SRI and the measuring of CSR activities is evolving rapidly, there is still no generally established method which can serve as a basis for a comparative study on a national level. Usually, all comparative research covers only a few countries. Thus, the aim of this chapter is to try to construct a National SRI Index, based on the formative measurement model reflecting the degree to which companies of certain countries are represented in the major Global SRI Indices. Proposed index can be reliable point of reference for analysts and investors and be right foundation for comparing the results of the countries and companies. The increase in uncertainty that prolonged periods of lockdown due to COVID-19 has seen investors moving to safer assets. As coronavirus infects markets, sustainable funds prove their mettle, thus the search for methods of assessing the effectiveness of investments from the environmental, social, and government point of view gains so much importance. © 2021 selection and editorial matter, Anna Szelagowska and Aneta Pluta-Zaremba;individual chapters, the contributors.","PeriodicalId":328849,"journal":{"name":"The Economics of Sustainable Transformation","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123280091","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

Public–private partnerships in e-car sharing 电动汽车共享领域的公私合作

The Economics of Sustainable Transformation Pub Date : 2021-10-12 DOI: 10.4324/9781003219958-05

Katarzyna G. Sobiech-Grabka

引用次数: 0