International Journal of Economic Sciences最新文献

An Error in the Theory of Seigniorage 铸币税理论中的一个错误

International Journal of Economic Sciences Pub Date : 2023-11-13 DOI: 10.52950/es.2023.12.2.005

Petr Mach

引用次数: 0

Findings from the first wave of Covid-19 on the different impacts of lockdown on public health and economic growth 第一波新冠肺炎疫情对封锁对公共卫生和经济增长的不同影响的研究结果

International Journal of Economic Sciences Pub Date : 2023-11-13 DOI: 10.52950/es.2023.12.2.002

Bilal Kargı, Mario Coccia, Bekir Cihan Uçkaç

{"title":"Findings from the first wave of Covid-19 on the different impacts of lockdown on public health and economic growth","authors":"Bilal Kargı, Mario Coccia, Bekir Cihan Uçkaç","doi":"10.52950/es.2023.12.2.002","DOIUrl":"https://doi.org/10.52950/es.2023.12.2.002","url":null,"abstract":"This paper examines the impact of different durations of national lockdown measures during the first wave of the COVID-19 pandemic on the public health and economic conditions of nations. Results indicate that a) countries with shorter lockdown periods, approximately 15 days, experience a higher variation of confirmed cases/population (%) compared to countries with longer lockdowns, lasting for over one month; b) countries with shorter lockdown periods experience lower average fatality rates compared to countries with longer lockdown periods, while the variation in fatality rates indicates that countries with longer periods of lockdown achieved a more substantial reduction in fatality rates. Nevertheless, the findings of the study indicate that while longer durations of national lockdowns, implemented as a government response to the COVID-19 pandemic, appear to produce somewhat uncertain outcomes in terms of public health, they exhibit a more substantial adverse effect on a country’s economic growth, resulting in a contraction in gross domestic product growth. Extracting key lessons from this study can prove invaluable in crafting effective public responses for future COVID-19 waves and epidemics that resemble the characteristics of COVID-19.","PeriodicalId":42415,"journal":{"name":"International Journal of Economic Sciences","volume":"48 8","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136347519","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 Treynor Ratio as a Risk-adjusted Return of Croatian Listed Firms 克罗地亚上市公司风险调整收益的Treynor比率

International Journal of Economic Sciences Pub Date : 2023-11-13 DOI: 10.52950/es.2023.12.2.006

Tomislava Pavic Kramaric, Marko Miletic, Petar Pepur

{"title":"The Treynor Ratio as a Risk-adjusted Return of Croatian Listed Firms","authors":"Tomislava Pavic Kramaric, Marko Miletic, Petar Pepur","doi":"10.52950/es.2023.12.2.006","DOIUrl":"https://doi.org/10.52950/es.2023.12.2.006","url":null,"abstract":"Motivated by the importance of determinants of firm performance, especially in terms of risk-adjusted performance that considers underlying risks, this paper explores the effects of firm-specific determinants on risk-adjusted returns such as the Treynor ratio. Specifically, the authors explore whether firm size, capital expenditures, capital intensity, equity ratio, leverage, profitability, listing age, and liquidity affect the performance of Croatian non-financial listed companies that form the CROBEXplus equity index in the period 2014 – 2021. Utilizing dynamic panel analysis, several key deterministic factors of risk-adjusted performance are identified including firm size, capital intensity, equity ratio, leverage, profitability, and listing age. In other words, larger firms tend to experience greater risk adjusted returns than their smaller counterparts as well as firms with higher equity ratios, i.e. those not overly indebted. Results also show that capital intensity, which is viewed as a source of entry barrier, is positively related to risk adjusted-performance which is also true for profitability. Furthermore, companies that have a longer presence in the market in terms of being listed on the stock exchange document enhanced risk-adjusted returns. These findings have significant policy and practical implications.","PeriodicalId":42415,"journal":{"name":"International Journal of Economic Sciences","volume":"48 10","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136347518","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

Is the Eurozone an Optimum Currency Area? 欧元区是最优货币区吗?

International Journal of Economic Sciences Pub Date : 2023-11-13 DOI: 10.52950/es.2023.12.2.004

Marek Louzek

引用次数: 0

Nexus Between Foreign Direct Investment and Employment in Manufacturing and Services Sectors in Tunisia: An ARDL Approach 突尼斯制造业和服务业外国直接投资与就业之间的关系:ARDL方法

International Journal of Economic Sciences Pub Date : 2023-11-13 DOI: 10.52950/es.2023.12.2.001

Mouldi Ben Amor

引用次数: 0

Public funding in R&D and R&D outcome sustainable development: Analysis of Member States EU 公共研发资助与研发成果可持续发展:欧盟成员国分析

International Journal of Economic Sciences Pub Date : 2023-11-13 DOI: 10.52950/es.2023.12.2.003

Lucie Kurekova, Klara Cermakova, Eduard Hromada, Bozena Kaderabkova

{"title":"Public funding in R&D and R&D outcome sustainable development: Analysis of Member States EU","authors":"Lucie Kurekova, Klara Cermakova, Eduard Hromada, Bozena Kaderabkova","doi":"10.52950/es.2023.12.2.003","DOIUrl":"https://doi.org/10.52950/es.2023.12.2.003","url":null,"abstract":"This paper examines the relationship between public funding in research and development (R&D) and the sustainable development outcomes within the European Union (EU) member states from 2000 to 2022. It investigates the allocation and effectiveness of public funding towards R&D in sustainable technologies and its alignment with the EU's strategic growth and sustainability goals. Through a mixed-method approach, including descriptive analysis, econometric modelling, and a review of pa-tents and scientific publications, the study addresses three core research questions: the extent of public R&D funding, the R&D outcomes in sustainable development, and the efficacy of recent EU public research funding in fostering innovation in sustainable technologies. The analysis reveals that while there is a positive correlation between targeted public expenditures and R&D outcomes, disparities exist among member states in terms of investment levels and innovation outputs. The paper also dis-cusses the implications of these findings in the context of the EU's broader sustainability objectives, including the European Green Deal, and suggests pathways for future research to enhance the impact of public R&D funding on sustainable development.","PeriodicalId":42415,"journal":{"name":"International Journal of Economic Sciences","volume":"48 11","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136347517","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

Twin Deficits Revisited: The Role of Fiscal Institutions in Pakistan 重新审视双赤字:巴基斯坦财政机构的作用

IF 2.4

International Journal of Economic Sciences Pub Date : 2023-06-30 DOI: 10.55603/jes.v2i1.a6

Sana Waheed, M. Akram

引用次数: 0

China-Pakistan Economic Corridor: A Comprehensive Guide to Enhancing Economic and National Security, Stability, and Sustainability 《中巴经济走廊:加强经济和国家安全、稳定和可持续性的综合指南》

IF 2.4

International Journal of Economic Sciences Pub Date : 2023-06-30 DOI: 10.55603/jes.v2i1.a2

Jana Awez, Tayyaba Khan, Areeba Falak

{"title":"China-Pakistan Economic Corridor: A Comprehensive Guide to Enhancing Economic and National Security, Stability, and Sustainability","authors":"Jana Awez, Tayyaba Khan, Areeba Falak","doi":"10.55603/jes.v2i1.a2","DOIUrl":"https://doi.org/10.55603/jes.v2i1.a2","url":null,"abstract":"A strong economy is the backbone of a strong nation. Pakistan has experienced security challenges since the beginning that has shifted its attention to defense, which diverted its focus from economic stability. And from the standpoint of independence, Pakistan has territorial disputes with neighboring countries such as Afghanistan and India. This has made it difficult for the country to maintain strong trade relations with them and has hindered diplomatic relations with Pakistan. Programs like China Pakistan Economic Corridor (CPEC) have provided the country with an opportunity to improve its economic conditions. The CPEC can be a game changer for Pakistan. It is a project of regional connectivity, a part of China's Belt and Road initiative (BRI) This would assist not just Pakistan but also Iran, Afghanistan, and Central Asian countries and in some way Middle Eastern states. Under this program, these countries will have improved roads, railways, air transportation, and the frequent and free exchange of goods so that they will have open borders like European countries as a result of which Pakistan will have less security issues and more economic opportunities. Pakistan's current budget (2022-23) allocates 58 percent of its budget to loan repayment and defense, the remaining 42%(News, 2022) is very less for making the country stable or sustainable. The CPEC is a long-term program that will help Pakistan achieve economic and national stability and sustainability. The CPEC model is a win scenario that will result in a linked and integrated area that shares harmony and growth.","PeriodicalId":42415,"journal":{"name":"International Journal of Economic Sciences","volume":"1 1","pages":""},"PeriodicalIF":2.4,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83113685","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

Job Search, Spatial Constraints, and Unemployment Duration: An Empirical Analysis of the Cameroonian Case 求职、空间约束与失业持续时间:喀麦隆案例的实证分析

IF 2.4

International Journal of Economic Sciences Pub Date : 2023-06-30 DOI: 10.55603/jes.v2i1.a4

Jean Bernard Awono Mono, M. Ngadena, Jean Cedric Oyono, Alice Brondinne Singui Ndombi, Awah Manga Armel

{"title":"Job Search, Spatial Constraints, and Unemployment Duration: An Empirical Analysis of the Cameroonian Case","authors":"Jean Bernard Awono Mono, M. Ngadena, Jean Cedric Oyono, Alice Brondinne Singui Ndombi, Awah Manga Armel","doi":"10.55603/jes.v2i1.a4","DOIUrl":"https://doi.org/10.55603/jes.v2i1.a4","url":null,"abstract":"The individual transition from unemployment to employment is conditioned by various elements. If some of them concern directly the individual characteristics of workers, while others implicate indeed their environment when searching for a job. The residential location, housing status, and high travel distances to each labor market area are factors that can influence the exit rate of unemployment. This paper aims to integrate, in a job search model with endogenous intensity, the spatial horizon of prospecting. This horizon is introduced through the prospecting distance, which influences both the arrival rate of offers and the search costs. The equilibrium properties of the model lead to an indeterminate effect of the prospecting distance on the unemployment duration. The micro econometric estimation of the structural model allows us to deal with this ambiguity. The method adopted takes into account not only the selection rule on access to employment but also the endogeneity of the choice of spatial mobility. Results highlight that the exit from unemployment is shorter as the prospecting distance increases, but the increase in this prospecting distance does not lead to a decrease in the reserve wage.","PeriodicalId":42415,"journal":{"name":"International Journal of Economic Sciences","volume":"37 1","pages":""},"PeriodicalIF":2.4,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74441013","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

Unlocking the Secret to Business Success: Analysing the Impact of Personnel Knowledge through Structural Equation Model 揭开企业成功的秘密:用结构方程模型分析人员知识的影响

IF 2.4

International Journal of Economic Sciences Pub Date : 2023-06-30 DOI: 10.55603/jes.v2i1.a3

A. Hameed, T. Ali

{"title":"Unlocking the Secret to Business Success: Analysing the Impact of Personnel Knowledge through Structural Equation Model","authors":"A. Hameed, T. Ali","doi":"10.55603/jes.v2i1.a3","DOIUrl":"https://doi.org/10.55603/jes.v2i1.a3","url":null,"abstract":"The purpose of this paper is to investigate the perceptions of business managers in the furniture sector regarding the relationship between business success and personnel knowledge. To achieve this goal, the study will use a quantities research approach to collect data from business managers working in different furniture sector in District Chiniot, Lahore, and Gujrat. The study used a measurement technique called Likert scale and included a variable that cannot be directly observed, called a latent variable that’s why used statistical model called Structural Equation Modeling (SEM). According to the findings of the study, certain factors have a significant impact on both personnel knowledge and business success. Specifically, the results indicated that management practices related to safety regulations, regulation laws, motivation of personnel, total quality management, product certification, and competitive positioning are highly correlated with personnel knowledge. This suggests that when these management practices are implemented effectively, employees are more likely to have the knowledge and skills necessary to perform their job duties efficiently, which can ultimately contribute to the success of the business. On the other hand, the study also found that factors such as new product development, sales abilities, total quality management, competitive positioning, and product pricing are highly associated with changes in business success. This means that when business focus on improving these areas, they are more likely to see positive changes in their overall success and performance. To begin an effort focused on enhancing skills, it is essential to first concentrate on owners by offering them excellent training services. These services should produce concrete improvements in productivity and illustrate the significance of skill improvement.","PeriodicalId":42415,"journal":{"name":"International Journal of Economic Sciences","volume":"131 1","pages":""},"PeriodicalIF":2.4,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77418283","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