Australian Economic Papers最新文献_第5页

Fintech development and environmental sustainability: Does income inequality matter? 金融科技发展与环境可持续性：收入不平等是否重要？

IF 1.2 4区经济学

Australian Economic Papers Pub Date : 2023-11-07 DOI: 10.1111/1467-8454.12328

Nam Thanh Vu, Hung Quang Bui, Tuan Anh Pham, Duc Hong Vo

引用次数: 0

Employment and technology: Creative creation or creative destruction? An asymmetric analysis 就业与技术：创造性的创造还是创造性的毁灭？不对称分析

IF 1.2 4区经济学

Australian Economic Papers Pub Date : 2023-10-30 DOI: 10.1111/1467-8454.12327

Manuchehr Irandoust

引用次数: 0

Labour market rigidity and firm innovation 劳动力市场刚性和企业创新

IF 1.2 4区经济学

Australian Economic Papers Pub Date : 2023-10-26 DOI: 10.1111/1467-8454.12326

Limin Gao, Sajid Anwar

引用次数: 0

What sorts of public value are Thai public business schools aiming to realise? 泰国公立商学院旨在实现什么样的公共价值？

IF 1.2 4区经济学

Australian Economic Papers Pub Date : 2023-10-23 DOI: 10.1111/1467-8454.12325

Nattawoot Koowattanatianchai, Michael B. Charles, Michael A. Kortt

{"title":"What sorts of public value are Thai public business schools aiming to realise?","authors":"Nattawoot Koowattanatianchai, Michael B. Charles, Michael A. Kortt","doi":"10.1111/1467-8454.12325","DOIUrl":"10.1111/1467-8454.12325","url":null,"abstract":"This study examines the types of public value that Thai public business schools aim to realise. The study draws on publicly available data relating to the mission statements of these schools and follows a recognised research approach for analysing data from mission statements. It also compared these results to those found in Thai private universities, as well as in Australian universities, where a similar study has recently been undertaken. Our results indicate that there are currently four distinct types of public business schools in Thailand based on their public value propositions: Society-oriented Schools, Graduate-producing Schools, Socially-responsible Leadership Schools, and Internationally-oriented Schools. While the first two concentrate on creating value for Thai society and businesses, the latter two concentrate on more holistic outcomes, have less of a Thailand-centric focus, and are more likely to be members of international accreditation bodies. An analysis of the private schools provided broadly similar outcomes, likely because both public and private universities are subjected to the same political and cultural expectations. In an increasingly competitive business education market, some Thai public business schools may shift from simply supplying graduates to Thai businesses to embracing more globally relevant public value propositions, especially if they wish to pursue international accreditation. A greater emphasis on engagement and working with professional bodies will also likely be essential.","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"63 2","pages":"370-402"},"PeriodicalIF":1.2,"publicationDate":"2023-10-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8454.12325","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135365909","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Community banks' capital requirements and regional housing tenure 社区银行的资本要求和区域住房使用权

IF 1.9 4区经济学

Australian Economic Papers Pub Date : 2023-10-02 DOI: 10.1111/1467-8454.12324

Chenzi Yang, Fernando Moreira, Thomas Welsh Archibald

{"title":"Community banks' capital requirements and regional housing tenure","authors":"Chenzi Yang, Fernando Moreira, Thomas Welsh Archibald","doi":"10.1111/1467-8454.12324","DOIUrl":"10.1111/1467-8454.12324","url":null,"abstract":"Bank capital requirements aim at reducing the likelihood of banks' failure. However, these policies may generate externalities on the overall economy. By investigating the pathways from capital requirements to housing tenure using structural equation modelling, we show that community banks' capital requirements increase the gap between the regional real estate loans-based and non-real estate loans-based housing purchase rate and act as driving factors of housing market imbalance. The drop in residential real estate loans caused by the increase in capital requirements has two opposite effects: the direct effect motivates residents to rent properties, while the indirect effect motivates residents to purchase them due to the fall in housing prices. When both effects exist in housing purchases with real estate loans, the former effect is more influential than the latter one. Our findings suggest that the impact of capital requirements on housing tenure will depend on residents' reliance on real estate loans. If a housing purchase requires real estate loans, capital requirements will have a negative impact on the housing purchase, and vice versa.","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"62 4","pages":"723-746"},"PeriodicalIF":1.9,"publicationDate":"2023-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8454.12324","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135899573","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Asymmetric volatility transmission and hedging strategies among REIT, stock, and oil markets 房地产投资信托基金、股票和石油市场之间的不对称波动传导和对冲策略

IF 1.9 4区经济学

Australian Economic Papers Pub Date : 2023-09-22 DOI: 10.1111/1467-8454.12323

Walid Mensi, Zhuhua Jiang, Xuan Vinh Vo, Seong-Min Yoon

引用次数: 0

A panel data method towards the effectiveness of sources of finance in stimulating the realisation of renewable energy technologies: Empirical evidence for Asia-Pacific 针对刺激可再生能源技术实现的融资来源有效性的面板数据方法:亚太地区的经验证据

IF 1.9 4区经济学

Australian Economic Papers Pub Date : 2023-09-06 DOI: 10.1111/1467-8454.12321

Farah Roslan, Borhan Abdullah, Mohd Khairul Amri Kamarudin

{"title":"A panel data method towards the effectiveness of sources of finance in stimulating the realisation of renewable energy technologies: Empirical evidence for Asia-Pacific","authors":"Farah Roslan, Borhan Abdullah, Mohd Khairul Amri Kamarudin","doi":"10.1111/1467-8454.12321","DOIUrl":"10.1111/1467-8454.12321","url":null,"abstract":"Many nations have taken steps to encourage renewables through environmental policy frameworks; however, they still account for a small portion of global power output. This fact suggests that there are still some gaps between the potential advantages of renewables and their implementation, and these gaps must be investigated. Thus, the present study examines the effect of finance for the expansion of renewable energy technologies (RETs) by empirically assessing the sources of finance in facilitating the expansion of RETs on four renewable energy sectors; hydroelectric, biomass, solar photovoltaic and wind. This study applies a fixed effects estimator with Driscoll–Kraay standard errors on private and public sources of finance (financial market, banking sector and public debt) in selected Asia-Pacific countries between 1998 and 2016. This study has shown that not all sources of finance have the same effect on the clean-energy sector. The financial market plays a critical role in supplying financial capital for risky and uncertain technologies that require a high degree of financing, which could be particularly helpful for technology deployment in high-tech industries. Investigations into the effectiveness of source of finance for RETs also indicate that banks discourage their deployment of RETs in the Asia-Pacific.","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"62 4","pages":"693-722"},"PeriodicalIF":1.9,"publicationDate":"2023-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8454.12321","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48921055","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Does good governance and trade openness contribute to poverty reduction in BRICS? An empirical analysis 善治和贸易开放是否有助于金砖国家减贫?实证分析

IF 1.9 4区经济学

Australian Economic Papers Pub Date : 2023-08-28 DOI: 10.1111/1467-8454.12322

Megha Chhabra, Arun Kumar Giri, Arya Kumar

{"title":"Does good governance and trade openness contribute to poverty reduction in BRICS? An empirical analysis","authors":"Megha Chhabra, Arun Kumar Giri, Arya Kumar","doi":"10.1111/1467-8454.12322","DOIUrl":"10.1111/1467-8454.12322","url":null,"abstract":"Institutions are critical economic pillars that influence not only growth but also the distributional outcomes that affect the speed of poverty reduction. High variability in the extent of policy and trade benefits creates large disparities and makes the role of institutions more pervasive. In this light, this study aims to investigate the impact of governance and trade openness on poverty reduction in BRICS countries from 1991 to 2019. For this purpose, the study uses the dynamic common correlated effect method with a recursive mean adjustment approach to analyse the relationship among the heterogeneous panel variables with cross-sectional dependence. The system generalised method of moments (GMM) instrument variable approach confirms the consistency of the results. Further, the study applies the Dumitrescu–Hurlin causality test to determine the causal relationship between variables. The findings show that trade openness and economic growth effectively reduce poverty in BRICS. Trade benefits the poor by raising their income. However, the negative effects of governance on poverty reduction dilute these benefits through a weakened trickle-down effect. In addition, income inequality creates a negative impact on poverty reduction, which widens the poverty gap in the BRICS countries even further. The consistency of the results is confirmed by the system GMM instrument variable approach. As a result, it is recommended to ensure better regulatory practices that improve the quality of governance and address any structural inequalities directly.","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"62 4","pages":"650-667"},"PeriodicalIF":1.9,"publicationDate":"2023-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8454.12322","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44550600","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Spillover effects of FDI inflows on output growth: An analysis of aggregate and disaggregated FDI inflows of 13 MENA economies 外国直接投资流入对产出增长的溢出效应:13个中东和北非经济体的总体和分类外国直接投资流入分析

IF 1.9 4区经济学

Australian Economic Papers Pub Date : 2023-08-13 DOI: 10.1111/1467-8454.12320

Brahim Bergougui, Syed Mansoob Murshed

{"title":"Spillover effects of FDI inflows on output growth: An analysis of aggregate and disaggregated FDI inflows of 13 MENA economies","authors":"Brahim Bergougui, Syed Mansoob Murshed","doi":"10.1111/1467-8454.12320","DOIUrl":"10.1111/1467-8454.12320","url":null,"abstract":"This paper examines the effect of foreign direct investment (FDI) inflows on overall growth, as well as its sector-specific spillovers in the Middle Eastern and North African region during the period from 2000 to 2020. Our major innovation is our ability to disaggregate FDI into primary, secondary and tertiary and examine their individual impact on growth, as well as their sector-specific spillovers by using dynamic panel GMM methodology. We find prima facie evidence that total FDI significantly stimulates growth. However, when we turn to the disaggregated FDI data, primary sector FDI adversely affects the gross domestic product (GDP) growth in the service sector and overall GDP growth. On the other hand, secondary FDI has a ‘double-edged’ effect, benefiting its own sector (the service sector's GDP growth), but not other sectors. In contrast, service sector FDI stimulates GDP growth in mining, manufacturing and service sectors, thereby enhancing overall economic growth. Our findings have important policy implications regarding the incentives provided by governments to encourage FDI, which need to be fine-tuned to attract certain types of FDI (tertiary), with less focus on the primary sector","PeriodicalId":46169,"journal":{"name":"Australian Economic Papers","volume":"62 4","pages":"668-692"},"PeriodicalIF":1.9,"publicationDate":"2023-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8454.12320","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"62651557","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

The causal effect of political risk on the stock market: Evidence from a natural experiment 政治风险对股市的因果效应:来自自然实验的证据

IF 1.9 4区经济学

Australian Economic Papers Pub Date : 2023-07-31 DOI: 10.1111/1467-8454.12319

Zhibing Li, Jia Liu, Jie Liu, Xiaoyu Liu, Yinglun Zhu

引用次数: 0