International Journal of Economics and Finance Studies最新文献

Payment Market and Pricing: A Bibliometric Review 支付市场与定价:文献计量学综述

International Journal of Economics and Finance Studies Pub Date : 2023-11-13 DOI: 10.5539/ijef.v15n12p77

Breno C. Sena, Flávio L. Carvalho, Andrei A. Albuquerque

引用次数: 0

Why is Technological Innovation Locally Concentrated? A Theoretical Review 技术创新为何集中于地方?理论综述

International Journal of Economics and Finance Studies Pub Date : 2023-11-10 DOI: 10.5539/ijef.v15n12p53

Bi Goli Jean Jacques Iritié

引用次数: 0

Present Bias and Quality Reduction on Daily Deal Platforms 当前日交易平台的偏差与质量降低

International Journal of Economics and Finance Studies Pub Date : 2023-11-10 DOI: 10.5539/ijef.v15n12p39

Stefano Galavotti, Gioele Massaro

{"title":"Present Bias and Quality Reduction on Daily Deal Platforms","authors":"Stefano Galavotti, Gioele Massaro","doi":"10.5539/ijef.v15n12p39","DOIUrl":"https://doi.org/10.5539/ijef.v15n12p39","url":null,"abstract":"We study daily deal markets, i.e. platforms where sellers, called merchants, offer coupons for their products at a heavily discounted price for a short time window. Inspired by the evidence that both merchants and customers are often unsatisfied with their experiences with daily deals, we setup a two-period model that reconciles such evidence. In the first period, the merchant sells the coupons at the (low) price imposed by the platform and can choose the quality of its product, which is unobserved by the consumers. In the second period, when the deal period has expired and the merchant is free to set the selling price, first-period customers purchase again only if they were satisfied with the quality of the product. Our crucial result is that, if the merchant has present biased preferences, the daily deal market exacerbates the risk that the merchant provides a low quality product, even though, at the beginning of the daily deal campaign, the merchant was fully aware that only a high quality product would have made the campaign profitable. We also show that it might be in the interest of the platform to set a higher price for the coupons, as this would reduce the risk of having low quality products sold on the platform, avoiding negative reputational effects.","PeriodicalId":37166,"journal":{"name":"International Journal of Economics and Finance Studies","volume":" 481","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135186507","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

Capital Structure and Macroeconomic Determinants in Emerging Country: A Panel Quantile Regression Approach 新兴国家的资本结构和宏观经济决定因素:面板分位数回归方法

International Journal of Economics and Finance Studies Pub Date : 2023-11-10 DOI: 10.5539/ijef.v15n12p68

Ibtissem Missaoui, Yaqoub Alduraywish

引用次数: 0

Fiscal Pedal: Fraud or Creative Accounting? A Theoretical Understanding of the Dangerous Fiscal Cycles that Affected the Brazilian Economy 财政踏板:欺诈还是虚构的会计?对影响巴西经济的危险财政周期的理论理解

International Journal of Economics and Finance Studies Pub Date : 2023-11-05 DOI: 10.5539/ijef.v15n12p16

Jeremias Pereira da Silva Arraes, José Matias-Pereira, João Abreu Faria Bilhim

{"title":"Fiscal Pedal: Fraud or Creative Accounting? A Theoretical Understanding of the Dangerous Fiscal Cycles that Affected the Brazilian Economy","authors":"Jeremias Pereira da Silva Arraes, José Matias-Pereira, João Abreu Faria Bilhim","doi":"10.5539/ijef.v15n12p16","DOIUrl":"https://doi.org/10.5539/ijef.v15n12p16","url":null,"abstract":"This essay aims to discuss, in a theoretical way, how creative accounting is presented in Brazil in the years 2014 and 2015, which resulted in an impeachment process and affected the Brazilian economy. The methodology is qualitative with the application of content and document analysis techniques. The basis of the accounting information is taken from the analyzes of the special impeachment commission and the Federal Court of Auditors in relation to the accusation of a crime of fiscal responsibility to the detriment of the president of the republic. The research discusses the accounting operations carried out by the government and which resulted in the famous expression &ldquo;fiscal pedaling&rdquo;. In light of accounting theory Hendriksen and Van Breda (2018), there is a complexity in the analysis that has led to frequent divergences regarding the objectives of accounting and the nature of the economic environment in which it operates. Thus, as research results, it is possible to observe that the concepts given to creative accounting and fraud are close, but they are not similar, where characteristics such as intentional error and the transit of accounting operations, outside the accounting regulations and principles, end up elucidating the particularities of each phenomenon.","PeriodicalId":37166,"journal":{"name":"International Journal of Economics and Finance Studies","volume":"7 7","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135726336","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 VIX Index and the Volatility of the Latin American and G7 Stock Exchanges before and during the COVID-19 Pandemic 波动率指数与拉丁美洲和七国集团证券交易所在2019冠状病毒病大流行之前和期间的波动性

International Journal of Economics and Finance Studies Pub Date : 2023-11-05 DOI: 10.5539/ijef.v15n12p25

Pedro Raffy Vartanian, Roberto Simioni Neto

{"title":"The VIX Index and the Volatility of the Latin American and G7 Stock Exchanges before and during the COVID-19 Pandemic","authors":"Pedro Raffy Vartanian, Roberto Simioni Neto","doi":"10.5539/ijef.v15n12p25","DOIUrl":"https://doi.org/10.5539/ijef.v15n12p25","url":null,"abstract":"This study analyzes and compares the influence of the VIX index, known as the &ldquo;fear index,&rdquo; on the volatility of the stock exchanges of the main Latin American countries (Brazil, Chile, and Mexico) and on some of the main international exchanges of the member countries of the G7 (the United States, Germany, France, and the United Kingdom) from January 2017 to December 2021. Through the application of the univariate and multivariate econometric GARCH models of volatility, the research hypothesizes the existence of a negative conditional correlation between the VIX index and the other stock exchange indices, with emphasis on the Brazilian stock exchange. However, except for the pandemic period, it is not possible to identify the presence of a negative conditional correlation between the VIX and the stock exchange indices selected throughout the analyzed period, contrary to expectations, highlighting the need to advance investigations with studies that analyze the VIX index with the respective effects on the stock market as well as investor behavior and the macroeconomic and particular influences of the country of each of the stock exchanges considered.","PeriodicalId":37166,"journal":{"name":"International Journal of Economics and Finance Studies","volume":"7 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135726337","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

FDI and Economic Growth in Côte d’Ivoire: An Empirical Analysis Based on the Service Sector 外国直接投资与Côte科特迪瓦经济增长:基于服务业的实证分析

International Journal of Economics and Finance Studies Pub Date : 2023-11-02 DOI: 10.5539/ijef.v15n12p1

Jean Baptiste Tiémélé, Bi Goli Jean Jacques Iritié

{"title":"FDI and Economic Growth in Côte d’Ivoire: An Empirical Analysis Based on the Service Sector","authors":"Jean Baptiste Tiémélé, Bi Goli Jean Jacques Iritié","doi":"10.5539/ijef.v15n12p1","DOIUrl":"https://doi.org/10.5539/ijef.v15n12p1","url":null,"abstract":"This paper analyzes the contribution of FDI to service sector growth in C&ocirc;te d&rsquo;Ivoire over the period 1980-2021. The data are extracted from World Development Indicators (World Bank). The econometric test based on the ARDL cointegration approach is used. The results show that FDI has a negative and significant effect on growth in the service sector. These results could be explained by the insufficiency of inward FDI in C&ocirc;te d&rsquo;Ivoire in recent years, compared to other sub-Saharan African countries, by the sectoral allocation of inward FDI, which does not take into account the growth sector of the economy, and finally, by the unbalanced geographical distribution of FDI, most of which is heavily concentrated in Abidjan. Our results highlight the importance of boosting investment in the service sector, in order to stimulate activities in this sector in C&ocirc;te d&rsquo;Ivoire. Besides aiming at creating a solid national economy and improving living standards, we suggest the mobilization of sufficient domestic savings and raising the level of education, developing infrastructure in sufficient quantity and quality and increasing internal and external trade flows, and finally, preserving the population&rsquo;s purchasing power. We have also proposed measures to improve FDI to promote economic growth in C&ocirc;te d&rsquo;Ivoire&rsquo;s service sector.","PeriodicalId":37166,"journal":{"name":"International Journal of Economics and Finance Studies","volume":"30 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135876151","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

Effect of Psychological Factors on Investment Decisions of Millennial Investors in an Emerging Country 心理因素对新兴国家千禧一代投资者投资决策的影响

International Journal of Economics and Finance Studies Pub Date : 2023-10-30 DOI: 10.5539/ijef.v15n11p83

Prabarani Palma Pramita, Tuning Rahayu, Chindira Kusvirgianie Diono, Evelyn Hendriana

引用次数: 0

Plural Forms of Governance: Evidence from a Poultry Cooperative in Southern Brazil 治理的多元形式:来自巴西南部家禽合作社的证据

International Journal of Economics and Finance Studies Pub Date : 2023-10-25 DOI: 10.5539/ijef.v15n11p54

Cleunice Zanella, Andre L. S. Leite, Nei A. Nunes, Sandro V. Soares, Ivone Junges

{"title":"Plural Forms of Governance: Evidence from a Poultry Cooperative in Southern Brazil","authors":"Cleunice Zanella, Andre L. S. Leite, Nei A. Nunes, Sandro V. Soares, Ivone Junges","doi":"10.5539/ijef.v15n11p54","DOIUrl":"https://doi.org/10.5539/ijef.v15n11p54","url":null,"abstract":"The existence of plural forms of governance in the same production chain poses challenges to theories on vertical boundaries of companies. The goal of this article is to analyse the plural forms of governance in an agro-industrial cooperative located in southern Brazil. This is a case study with a descriptive, qualitative approach for assessment of the governance structure in the six main links of the poultry production chain, namely: matrix, hatchery, feeding, poultry farmers, slaughterhouses and distributors. Data collection was performed through interviews with managers involved in the production chain. Plural and singular forms of governance can coexist, tending towards a vertical integration. In the distribution process, the plural form tends to remain stable as the different governance structures used to coordinate the same activity also serve different markets. In addition, the need to control and reduce the production costs is pointed out as the main reason for establishing a hierarchical structure for governance. This study sought to contribute to the theoretical analysis of plural and single forms of governance by demonstrating that both can coexist within a company.","PeriodicalId":37166,"journal":{"name":"International Journal of Economics and Finance Studies","volume":"8 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135168203","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

Analysis: Why Short-Term Financial Products Lack in Hong Kong 分析:香港缺乏短期金融产品的原因

International Journal of Economics and Finance Studies Pub Date : 2023-10-25 DOI: 10.5539/ijef.v15n11p49

Zecheng Lin

引用次数: 0