{"title":"The determinants of gender spillovers in FDI: An analysis of Namibia","authors":"","doi":"10.1016/j.tncr.2024.200094","DOIUrl":"10.1016/j.tncr.2024.200094","url":null,"abstract":"<div><div>This paper examines the effect of foreign firm characteristics on FDI spillovers in Namibia, with a specific focus on gender spillover, as an additional measure to total labour spillover. Also, the possible differing spillovers in the manufacturing and services firms are investigated. Using data from the World Bank Enterprise Survey for 2006 and 2014, the paper finds that the gender spillover is significantly influenced by four variables; sector, firm age, transport challenges, and supply-chain finance. Relative to the services sector, firms in the manufacturing sector are found to significantly drive gender spillovers due to a probable preference for females “nimble fingers”, perceived obedience, and lower wages. However, the paper documents that older firms, especially those in the manufacturing sector, negatively impact gender spillovers. Also, transport challenges are shown to drive gender spillovers. This result arises from the possibility that they impose an opportunity cost, whereby, firms may defer investing in female labour due to lower perceived wages to compensate for high transport costs. Finally, we document a negative influence of supply-chain finance on gender spillovers, arising from possible labour cuts as MNCs outsource jobs in the supply chain.</div></div>","PeriodicalId":45011,"journal":{"name":"Transnational Corporations Review","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142446803","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The role of institutions in logistics performance as a new road toward GVC participation","authors":"","doi":"10.1016/j.tncr.2024.200092","DOIUrl":"10.1016/j.tncr.2024.200092","url":null,"abstract":"<div><div>Participation in global value chains (GVC) is increasingly seen in recent years as the new development challenge by policymakers in many countries. The COVID-19 pandemic recently revealed to the public eye that logistics capabilities are the backbone of the country's competitiveness within the GVC. Nevertheless, studies on logistics performance and GVC are still lacking until today. This paper aims to investigate the role of national institutional quality in the logistics performance-GVC participation nexus, using 68 countries covering 2005 through 2021. The findings of the present study reveal that (a) logistics performance has a positive and significant impact on GVC participation, (b) improving the overall level of governance has a positive impact on GVC participation, (c) the quality of national institutions plays a significant moderating role in logistics performance and GVC participation nexus, (d) the impact of logistics performance on forward linkage, under high governance countries is greater than under low governance countries and (e) the backward linkage is much more sensitive to the time and cost control related to cross boarder and document compliance in countries with poor governance than in countries with good governance.</div></div>","PeriodicalId":45011,"journal":{"name":"Transnational Corporations Review","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-09-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1925209924006181/pdfft?md5=250c6c60509bac428a51300bf681053c&pid=1-s2.0-S1925209924006181-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142314136","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Enhancing economic growth through digital financial inclusion: An examination of India","authors":"","doi":"10.1016/j.tncr.2024.200091","DOIUrl":"10.1016/j.tncr.2024.200091","url":null,"abstract":"<div><p>Financial technology has propelled India's financial sector to international acclaim. The rise of the digital economy has played a crucial role in fueling the nation's ongoing economic growth and prosperity. Using the CRITIC approach, this report thoroughly analyses FinTech and digital economy metrics in all 28 states of India from 2010 to 2022. A thorough analysis of this data uncovers the complex relationships and interactions between FinTech and the digital economy. The findings clearly demonstrate the significant impact of FinTech on India's digital economy. One important result of this impact is the progress of technological advancements, along with a decrease in the financial independence of local governments. In addition, the study reveals a fascinating finding: the influence of FinTech on the growth of the digital economy is enhanced by the existence of local financial regulatory mechanisms. By strengthening regulatory resources, FinTech plays a crucial role in promoting the development of the digital economy, especially in economically advanced regions. This research utilizes a cutting-edge methodology to unravel these intricate phenomena, providing new perspectives on the interaction between FinTech and the digital economy.</p></div>","PeriodicalId":45011,"journal":{"name":"Transnational Corporations Review","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S192520992400617X/pdfft?md5=12c72893b371b072082779a1157f23e6&pid=1-s2.0-S192520992400617X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142040684","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Intra-Africa trade and the need to rethink the neo-liberal approach","authors":"","doi":"10.1016/j.tncr.2024.200090","DOIUrl":"10.1016/j.tncr.2024.200090","url":null,"abstract":"<div><p>Notwithstanding past trade reforms, trade in Africa and particularly intra-Africa trade, remain dismal. Africa has even created economic communities, fitted with monetary, fiscal, and socio-political anchors, by way of various Regional Economic Communities (RECs) – now reflected by the African Continental Free Trade Area (AfCFTA). Whilst these have yielded marginal benefits, the persistence of low intra-Africa trade calls into question their suitability. Focused on the realities of institutions targeted by these reforms and Africa's context – i.e., weak linkages between institutions, high informality, and low social capital – we posit that reforms have not elicited the hoped-for high intra-Africa trade because of their near total reliance on the neo-liberal approach, which neglects Africa's context. Drawing on Africa's sociology and new institutional economics, we use a conceptual institutional analysis to evolve a political economy based framework that suggests potential solutions: Linking the formal sector that currently underpins economic/trade policies to the informal institutions that are reflective of Africa's norms, values, cultures and expectations (the informal sector), and scaling up production; via the cooperatives production model, strategic procurement mandates, and effectuation of continental transportation infrastructure network, are our recommended pathways to reversing the current dismal intra-continental trade.</p></div>","PeriodicalId":45011,"journal":{"name":"Transnational Corporations Review","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1925209924006168/pdfft?md5=33ed7205d9a052b15b820b524c3f8ebb&pid=1-s2.0-S1925209924006168-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141963194","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The adaptation and transformation of Yiwu's foreign trade enterprises amid major changes unseen in a century (2001–2021)","authors":"","doi":"10.1016/j.tncr.2024.200080","DOIUrl":"10.1016/j.tncr.2024.200080","url":null,"abstract":"<div><p>The world is undergoing major changes unseen in a century. The profound and complex changes in the international trade landscape since China's accession to the WTO have put China's foreign trade enterprises to the test as they have embarked on a path of transformation and upgrade. As a barometer of China's foreign trade sector, Yiwu has progressed through three stages of development: rapid development after China's WTO accession, adaptation and innovation following the global financial crisis, and coordinated development amid deepening reforms. This paper explores such an evolutionary journey from the perspectives of foreign trade, market development, logistics infrastructure, export modalities, policy support, and the trade environment.</p></div>","PeriodicalId":45011,"journal":{"name":"Transnational Corporations Review","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1925209924006065/pdfft?md5=3355d976bd109243eaf0cfe37952dfb0&pid=1-s2.0-S1925209924006065-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141711670","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Macroeconomic determinants of foreign direct investment in emerging economies in turbulent times – A case of COVID’19 pandemic","authors":"","doi":"10.1016/j.tncr.2024.200079","DOIUrl":"10.1016/j.tncr.2024.200079","url":null,"abstract":"<div><p>The study investigates the macroeconomic determinants of foreign direct investment (FDI) in emerging economies in turbulent times, taking the case of COVID’19 pandemic. Fifteen (15) countries were included for empirical investigations and the period of investigation spans 2019q1–2023q2 and the analytical framework is the Wang and Wong (2007) model. With recourse to various data stability tests, the panel system generalized method of moment is adopted as the technique of analysis to obtain optimal identification solution and address inherent problems of endogeneity and heterogeneity in estimations. For robustness, the sample was decomposed into two; emerging economies with history of high and low FDI receipts respectively. The results obtained show the sensitivity of macroeconomic determinants to these disaggregation and that lag counterparts of these variables play significant roles. The results further suggests that FDI is a substitute for real gross domestic product in emerging economies with history of high FDI receipts.</p></div>","PeriodicalId":45011,"journal":{"name":"Transnational Corporations Review","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1925209924006053/pdfft?md5=d03e9d47237faf537840d08e70382d1d&pid=1-s2.0-S1925209924006053-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141636793","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Digital economy and the electronic payment behavior: An empirical analysis","authors":"Doan Van Dinh","doi":"10.1016/j.tncr.2024.200078","DOIUrl":"10.1016/j.tncr.2024.200078","url":null,"abstract":"<div><p>This study aims to investigate the factors that affect the electronic payment behavior of Vietnamese consumers. The primary focus is on identifying the challenges that consumers encounter when using e-payment methods.</p><p>The research employed multivariate regression models and conducted various data reliability tests, such as exploratory factor analysis, Cronbach's alpha coefficient, analysis of variance, rotation matrix, and correlation coefficient tests. A total of 318 respondents completed a self-report questionnaire after disqualifying 10 invalid responses. Subsequently, the collected data were subjected to further statistical analysis.</p><p>The study's findings revealed a strong correlation between various factors and electronic payment behavior, with correlation percentages at a 1% significance level of 74.3%, 56.9%, 47.2%, 54.6%, and 82.4%. The data showed high reliability, with a Cronbach's alpha of 0.893.</p><p>The practical results of this research will assist micro- and macro-managers in comprehending e-payment behavior and devising effective strategies to entice customers.</p></div>","PeriodicalId":45011,"journal":{"name":"Transnational Corporations Review","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1925209924006041/pdfft?md5=ac0edb8c5ca84f61cbaaab9327b2c692&pid=1-s2.0-S1925209924006041-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141573208","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Adjustment of supply chain investment by transnational corporations in the Ukrainian crisis and geopolitical risks – Taking the three levels as the analytical framework","authors":"Bo Gao , Zhengze Xu","doi":"10.1016/j.tncr.2024.200076","DOIUrl":"https://doi.org/10.1016/j.tncr.2024.200076","url":null,"abstract":"<div><p>This paper studies how the Ukrainian Crisis and Geopolitical Risk impact the trade and investment of Transnational Corporations (TNCs). This impact includes three levels. The first level is the direct impact of geopolitical risks on TNCs, including TNCs' market response to Russia and the trend of supply chain adjustment. The second level is the impact of geopolitical risks on national governments, including the response of developed countries such as the United States and Europe, as well as emerging economies such as India; countries formulate policies and measures to deal with the challenges of geopolitical risks and further promote national economic and social development, seeking channels and ways to improve the level of national security. The third level is the impact of geopolitical risks on international organizations, especially the WTO.</p></div>","PeriodicalId":45011,"journal":{"name":"Transnational Corporations Review","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1925209924006028/pdfft?md5=9ec4c0e981e0e1ff4b2a2cb854c148a2&pid=1-s2.0-S1925209924006028-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141594422","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Marouane Zouine, Mohamed Jallal El Adnani, Salah Eddine Salhi, El Mustapha El Anouar
{"title":"Does higher education lead to lower environmental pollution? New evidence from MENA countries using econometric panel data","authors":"Marouane Zouine, Mohamed Jallal El Adnani, Salah Eddine Salhi, El Mustapha El Anouar","doi":"10.1016/j.tncr.2024.200077","DOIUrl":"https://doi.org/10.1016/j.tncr.2024.200077","url":null,"abstract":"<div><p>Recognizing the critical significance of environmental preservation, this paper investigates the intricate relationship between higher education and environmental pollution in MENA countries from 2000 to 2018. The analysis incorporates three control variables: the globalization index, population, and gross domestic product (GDP). Employing a comprehensive methodology that includes panel unit root tests, Kao cointegration test, fixed effect GLS, fully modified ordinary least squares (FMOLS), and dynamic ordinary least squares (DOLS). As main results, we first found using GLS that higher education, globalization, and GDP per capita positively impact CO<sub>2</sub> emissions in the MENA region. Subsequently, using FMOLS and DOLS, we found that except for GDP per capita, all other variables play a key role in mitigating CO<sub>2</sub> emissions in the long run, thus validating the KURZNETS curve hypothesis for education and challenging it for economic growth in the MENA countries. Given the existing results, this study provides significant recommendations for policymakers and governments to reduce CO<sub>2</sub> emissions.</p></div>","PeriodicalId":45011,"journal":{"name":"Transnational Corporations Review","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-06-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S192520992400603X/pdfft?md5=6e42f7587f7421eda47c124a4d1abad2&pid=1-s2.0-S192520992400603X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141540686","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}