World Journal of Applied Economics最新文献_第3页

The Impacts of Oil Prices, Exchange Rate and COVID-19 Pandemic on BIST Petrochemical Market 油价、汇率及新冠疫情对北京石化市场的影响

World Journal of Applied Economics Pub Date : 2021-06-21 DOI: 10.22440/wjae.7.1.2

Seval Mutlu Çamoğlu

引用次数: 0

Who Pays for Renewables? Increasing Renewable Subsidisation due to Increased Datacentre Demand in Ireland 谁为可再生能源买单?由于爱尔兰数据中心需求增加，可再生能源补贴增加

World Journal of Applied Economics Pub Date : 2019-05-28 DOI: 10.22440/WJAE.5.1.2

M. Lynch, M. Devine

引用次数: 0

Wavelet Leader and Multifractal Detrended Fluctuation Analysis of Market Efficiency: Evidence from the WAEMU Market Index 市场效率的小波前导与多重分形趋势波动分析:来自WAEMU市场指数的证据

World Journal of Applied Economics Pub Date : 2019-05-28 DOI: 10.22440/WJAE.5.1.1

Oumou Kalsoum Diallo, P. Mendy

引用次数: 3

Credit, Capital Flows and Monetary Policy: A Post-Keynesian Analysis 信贷、资本流动与货币政策:后凯恩斯主义分析

World Journal of Applied Economics Pub Date : 2018-11-30 DOI: 10.22440/WJAE.4.2.1

N. Ekinci

{"title":"Credit, Capital Flows and Monetary Policy: A Post-Keynesian Analysis","authors":"N. Ekinci","doi":"10.22440/WJAE.4.2.1","DOIUrl":"https://doi.org/10.22440/WJAE.4.2.1","url":null,"abstract":"The credit channel literature implicitly relies on the fact that capital spending requires and depends on financing and that credit is the main form of financing. The mainstream model tries to avoid this implication by recourse to artificial concepts and variables such as the “external finance” premium. We, by contrast, explicitly model capital expenditures as a function of the credit volume along with other relevant variables. This formulation has roots in the Post-Keynesian logico-temporal ordering of production and the realization of income. The inclusion of credit in expenditure functions result in a simple income determination model making the roles of credit and monetary policy transparent. A financial block is added to the model to determine the interest rates and credit aggregates. Principles of consistent macro modelling on Post-Keynesian principles are carefully delineated. In particular, the principle of Keynesian dichotomy and necessity of an appropriate lead-lag structure in simultaneous equation models compatible with the logico-temporal ordering of production is stressed. A comparative static/dynamic example based on the model demonstrates the ability of the model in generating a reasonable account of possible outcomes in response to changes to underlying conditions.","PeriodicalId":447082,"journal":{"name":"World Journal of Applied Economics","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132869344","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

Wage Gap and Employment Status in Indian Labour Market: Quantile Based Counterfactual Analysis 印度劳动力市场的工资差距与就业状况:基于分位数的反事实分析

World Journal of Applied Economics Pub Date : 2018-11-30 DOI: 10.22440/WJAE.4.2.4

Panchanan Das

引用次数: 3

The Effect of Military Expenditure on Profit Rates: Evidence from Major Countries 军费开支对利润率的影响:来自主要国家的证据

World Journal of Applied Economics Pub Date : 2018-11-30 DOI: 10.22440/WJAE.4.2.2

A. Elveren, Sara Hsu

引用次数: 4

Post-Crisis Growth and Development Slowdown of Central Eastern European Countries from the Middle-Income Trap Perspective 中等收入陷阱视角下的中东欧国家危机后增长与发展放缓

World Journal of Applied Economics Pub Date : 2018-06-01 DOI: 10.22440/WJAE.4.1.1

Krisztina Sőreg

{"title":"Post-Crisis Growth and Development Slowdown of Central Eastern European Countries from the Middle-Income Trap Perspective","authors":"Krisztina Sőreg","doi":"10.22440/WJAE.4.1.1","DOIUrl":"https://doi.org/10.22440/WJAE.4.1.1","url":null,"abstract":"There seems to be no compelling reason to argue that the financial crisis of 2007-08 has significantly contributed to the deepening of centre-periphery based development issues in the European Union. In current paper the post-crisis increase and development slowdown of Central Eastern European Countries - and from a broader perspective - the post-transition growth path of the region is examined. One of our main hypotheses is that the process of accession to the EU - by stimulating foreign investment to the region - has strongly contributed to the signifcant pre-crisis development and to the post-crisis persistent growth slowdown in Central Eastern European Countries. During the recent crisis, the above-mentioned nation states have been dealing with several socio-economic difficulties raising considerable financing needs towards the IMF. It can be assumed that the long-standing structural problems of the post-Soviet countries combined with the latest protracted recession have created a middle-income trap related situation in the examined region. In this paper, we are providing a brief review of the CEECs' development from central planning towards market economies state followed by a global economic outlook of the post-2008 growth. We are also analysing some middle-income trap episodes of the region focusing on the special case of Hungary's post-transition development path.","PeriodicalId":447082,"journal":{"name":"World Journal of Applied Economics","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125332585","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 Portuguese Manufacturing Sector during 2013-2016 after the Troika Austerity Measures 三驾马车紧缩措施后2013-2016年葡萄牙制造业

World Journal of Applied Economics Pub Date : 2018-06-01 DOI: 10.22440/WJAE.4.1.2

K. Murillo, E. Rocha

{"title":"The Portuguese Manufacturing Sector during 2013-2016 after the Troika Austerity Measures","authors":"K. Murillo, E. Rocha","doi":"10.22440/WJAE.4.1.2","DOIUrl":"https://doi.org/10.22440/WJAE.4.1.2","url":null,"abstract":"This work studies the effects of the Troika austerity measures on the Portuguese manufacturing firms in terms of efficiency scores. We adopted a non-parametric approach, which combines multidirectional efficiency analysis with other techniques, to examine two empirical hypotheses after the financial crisis and corresponding intervention of the Troika measures: (a) the performance of firms in the manufacturing sector has improved; (b) the manufacturing sector significantly acquired long-term debt but use it in an efficient way. Our results show that validation of the first hypothesis heavily depends on the firm size, and the second hypothesis is correct only with respect to long-term debt acquiring. In fact, some sectors have managed to maintain an acceptable level of efficiency, according to the circumstances, however, most of them have showed some inefficiency in the management of resources and less than 10% have been able to overcome the difficulties emerged after the intervention of the Troika. A common tool to overcome a crisis is the acquisition of long-term debts, which was done by 77% of firms; but with a lower gain, since it was the most efficient input resourced used. On the contrary, our results show that the number of employees and total assets are better leverage to maintain efficiency.","PeriodicalId":447082,"journal":{"name":"World Journal of Applied Economics","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133107134","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: 2

Institutions and Resource-driven Development 制度与资源驱动型发展

World Journal of Applied Economics Pub Date : 2018-05-18 DOI: 10.22440/WJAE.4.1.3

L. Szalai

引用次数: 4