{"title":"Does economic freedom push people into suicide? New evidence from developing and developed societies, 1980–2019","authors":"Minea Rutar, Tibor Rutar","doi":"10.1111/ajes.12602","DOIUrl":"https://doi.org/10.1111/ajes.12602","url":null,"abstract":"<p>This research paper investigates the impact of market liberalization on country-level suicide rates using a sample of 96 developing and developed countries from 1980 to 2019. We estimate fixed-effects panel regression models with robust standard errors clustered at the country level and conduct a variety of robustness checks, including using different estimators and disaggregating the data. We consistently find that the aggregate Economic Freedom of the World (EFW) measure is not statistically significantly related to within-country variations in age-standardized suicide rates, but some individual components are. Freedom to trade internationally weakly predicts increases in suicide rates, while sound money is associated with decreased suicide rates. The former result is highly vulnerable to different specifications. This study underscores the existence of a complex, non-intuitive relationship between market liberalization and suicide rates, suggesting that both critics and defenders of liberalization might be mistaken in making any unequivocal judgments about the process.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"84 2","pages":"253-272"},"PeriodicalIF":0.9,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ajes.12602","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143530293","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}
{"title":"Policy uncertainty and non-performing loans in Greece","authors":"Stephanos Papadamou, Konstantinos Pitsilkas","doi":"10.1111/ajes.12601","DOIUrl":"https://doi.org/10.1111/ajes.12601","url":null,"abstract":"<p>Based on the growing interest in understanding the impact of uncertainty on various aspects of the economy, this study investigates the long-run relationship between economic policy uncertainty (EPU), its components, unemployment, capital adequacy, liquidity risk, and non-performing loans (NPLs) in Greece. Our findings indicate several key results: (1) There exists a negative, long-term co-integrating relationship between EPU and its components with financial stability. (2) Unemployment and capital adequacy also exert long-term negative effects on financial stability. (3) These results hold robustly even after decomposing the total NPL ratio into mortgage, consumer, and business NPLs. (4) Consumer NPLs exhibit the slowest adjustment to long-run equilibrium among the NPL sub-categories, with mortgages presenting the fastest rate of adjustment. The findings underscore important policy implications: initiatives aimed at reducing fiscal and banking policy uncertainties and fostering a stable environment for businesses and households could effectively manage NPLs more efficiently, as uncertainty influences NPLs not only in the short run but also in the long run.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"84 2","pages":"231-252"},"PeriodicalIF":0.9,"publicationDate":"2024-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ajes.12601","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143530706","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}
{"title":"Political democracy, economy, and cancer risk: A comparative analysis of 170 countries","authors":"Andrew C. Patterson","doi":"10.1111/ajes.12600","DOIUrl":"10.1111/ajes.12600","url":null,"abstract":"<p>Much literature acknowledges the importance of political systems for population health. People living in democratic countries tend to have higher life expectancies and lower rates of infant mortality compared to those in other countries. However, few quantitative comparative studies explore the political origins of chronic disease. To address this gap, this study examines the impact of political democracy on cancer risk. Using data from the Global Cancer Observatory (GLOBOCAN), regression models test differences in age-adjusted cancer rates across 170 countries. Counter to study hypotheses, overall incidence of cancer is not any lower in democratic countries. This is evident even when removing the confounding influence of economic and several other factors. However, among children and adolescents, cancer mortality rates and leukemia incidence are exceptions since these are lower in democratic countries in some models. Results otherwise do not support the view that political regime type alone prevents cancer. Overall findings appear robust to threats of endogeneity, higher average age in developed countries, comparative differences in the ability to diagnose cases, and several other threats. The broader literature indicates that democratic countries have better health overall. However, findings are that democratic countries have higher cancer incidence on average, which is likely due to having higher levels of economic prosperity compared to more autocratic countries. Economic policy is likely to be an important consideration for preventing cancer. Longitudinal analysis was not possible for these data, which is reason for caution when interpreting these findings.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"84 2","pages":"213-230"},"PeriodicalIF":0.9,"publicationDate":"2024-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ajes.12600","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141920956","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}
{"title":"A cross-cultural study on countries' environmental performance: The influence of religion","authors":"Francesca Di Pillo, Fabrizio Rossi","doi":"10.1111/ajes.12599","DOIUrl":"https://doi.org/10.1111/ajes.12599","url":null,"abstract":"<p>Although numerous scientific studies have extensively analyzed religion's impact on environmental performance at the firm level, the literature on environmental effects at a country level is relatively poor. This paper aims to fill this gap by studying how the dimensions of national culture, including religion, impact a country's sustainability performance in 96 countries. We apply Geert Hofstede's cross-cultural dimensions and evaluate countries' sustainability performance using the EPI indicator, which provides a comprehensive environmental overview, including indicators such as climate change, environmental health, and ecosystem vitality. Additionally, to provide a more comprehensive framework for the sustainability performance of countries, we conducted a comparative analysis using the SDG index scores encompassing 1056 country-year observations. Our findings suggest that the impact on a country's environmental performance varies according to the cultural dimension, mainly, the Christian religion positively influences national sustainability performance.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"84 1","pages":"179-204"},"PeriodicalIF":0.9,"publicationDate":"2024-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143431064","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Tax revenue instability in Sub-Saharan Africa: Does institutional quality matter?","authors":"Roukiatou Nikiema, Mahamoudou Zore","doi":"10.1111/ajes.12598","DOIUrl":"10.1111/ajes.12598","url":null,"abstract":"<p>Sub-Saharan African (SSA) nations face a dual fiscal challenge: the need to increase tax revenue mobilization and to manage revenue instability. This paper examines the causal impact of institutional quality on tax revenue stability in SSA from 2000 to 2020. Using UNU-WIDER data and the System GMM technique, the study finds that institutional quality reduces tax revenue instability, with a stronger effect on indirect tax revenues than on direct taxes. This result is robust to changes in the measure of tax revenue instability, the measure of quality of institutions, the sample, and the time horizon. The effect is particularly pronounced in resource-rich countries and in countries experiencing economic growth. The article's results are relevant to tax policy, specifically the necessary adjustments to improve tax revenue stability through institutional quality.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"84 1","pages":"153-177"},"PeriodicalIF":0.9,"publicationDate":"2024-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ajes.12598","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141644447","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}
{"title":"Family strategies: Labor migration, multigenerational households, and children's schooling in Nepal","authors":"Mark Schafer, Krishna P. Paudel, Kamal Upadhyaya","doi":"10.1111/ajes.12597","DOIUrl":"10.1111/ajes.12597","url":null,"abstract":"<p>Temporary migration to international destinations has many implications for the family members left behind. This paper discusses family economic theoretical perspectives and the family strategies that are adopted in Chitwan, Nepal. The family strategies include single united, split-single generation, multigenerational, and split-multigenerational households that are linked to the presence or absence of fathers and grandfathers. We examined how family strategies impact school outcomes, that is, school investment and school progress. We obtained three critical findings about family migration and structure strategies and school investment. First, multigenerational family strategies mitigated the negative association between siblings on educational investments. Second, split-household strategies mitigated the negative associations between age and private school and between remittance dependency and top school fees. Third, family strategies shaped how ethnicity and caste influence educational investments as split-household, multigenerational (and both) mitigated negative connection between the least powerful castes and ethnicities and school investment. Our findings did not show significant associations between family strategies and children's educational progress in Chitwan. Families in rural Nepal are responding to macrostructural changes, and there is a need for more research to better understand shifting family migration and household structure strategies, in all their complexities, and their implications for children in rural Nepal or other rural locations with a high temporary migration rate.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"84 1","pages":"135-152"},"PeriodicalIF":0.9,"publicationDate":"2024-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141652084","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Supply chain digitalization and corporate ESG performance","authors":"Siqian Chen, Xin Leng, Kun Luo","doi":"10.1111/ajes.12596","DOIUrl":"10.1111/ajes.12596","url":null,"abstract":"<p>In the wave of the digital economy, supply chain digitalization is a visual manifestation of businesses integrating digital technology into their production and operations. It helps companies enhance operational efficiency and competitiveness, gradually becoming a key driver for corporate sustainable development. This study selects Chinese A-share listed companies from 2012 to 2021 as research samples and empirically tests the impact of supply chain digitalization on corporate environment (E), social responsibility (S), and corporate governance (G) (ESG) performance. We find that supply chain digitalization significantly promotes corporate ESG performance, which is achieved by reducing information asymmetry and easing financing constraints. The positive effect of supply chain digitalization on corporate ESG performance varies significantly among different enterprises, with more prominent effects in mature enterprises, those at both ends of the industrial chain, and those located in regions with lower degree of marketization. Further analysis reveals that supply chain digitalization brings about an innovation effect for enterprises. These findings enrich the research on supply chain digitalization and corporate ESG performance, providing valuable insights for promoting supply-side structural reforms and corporate sustainable development.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 4","pages":"855-881"},"PeriodicalIF":0.9,"publicationDate":"2024-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141686213","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Configurational paths of entrepreneurial activity: An analysis based on the technology–organization–environment framework","authors":"Xiuyuan Gong, Lu Li, Nengzhi Yao, Qiaozhe Guo","doi":"10.1111/ajes.12595","DOIUrl":"https://doi.org/10.1111/ajes.12595","url":null,"abstract":"<p>Entrepreneurial activity is crucial for economic progress and resolving societal issues. Utilizing the technology–organization–environment (TOE) theoretical framework, this study builds a systematic model to investigate the trajectories of entrepreneurial activities across 31 provinces in China from 2019 to 2021. We employ the fuzzy set qualitative comparative analysis (fsQCA) method. Our analyses indicate that (1) multiple factors impact both high entrepreneurial activity and non-high entrepreneurial activity; entrepreneurial activity is significantly different between advanced and catching-up regions; (2) there are two types of paths that lead to high entrepreneurial activity, namely technology driven and technology–institution driven. These paths are dynamic, gradually transitioning from technology driven and technology–institution driven to industry–resource driven; and (3) non-high entrepreneurial activity may result from poor technological infrastructure and lack of human capital. These findings elucidate the different routes through which entrepreneurial activity is generated in China and offer valuable theoretical and practical insights.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 4","pages":"831-854"},"PeriodicalIF":0.9,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142130354","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Digital financial inclusion, rural consumption and economic growth in China","authors":"Zepu Zhang, Jing Wang, Chen Sun","doi":"10.1111/ajes.12587","DOIUrl":"https://doi.org/10.1111/ajes.12587","url":null,"abstract":"<p>In recent years, the continuous development of China's digital inclusive finance has provided favorable conditions for improving the consumption level of domestic residents and stimulating national economic growth. Based on the theory of financial development and deepening, this paper studies the mechanism and effect of digital inclusive finance on rural residents’ consumption and economic growth. The results show that (1) the development of digital inclusive finance can directly promote economic growth. Specifically, the breadth of coverage, the depth of use and the degree of digitization of digital inclusive finance all contribute to economic growth. (2) Digital inclusive finance significantly promotes rural residents’ consumption, and rural residents’ consumption significantly promotes economic growth, that is, digital inclusive finance can indirectly promote economic growth by promoting rural residents’ consumption. (3) When digital inclusive finance is at different levels of development, rural residents’ consumption has different effects on economic growth. The higher the development level of digital inclusive finance, the better the promotion effect of rural residents’ consumption on economic growth. Therefore, we should continue to promote the development of digital inclusive finance, give full play to the inclusiveness and convenience of digital inclusive finance, and contribute to the promotion of rural residents’ consumption and economic growth.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 4","pages":"809-829"},"PeriodicalIF":0.9,"publicationDate":"2024-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142130355","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Too cool for school: Participatory shirking and U.S. House passage of proxy voting","authors":"Franklin G. Mixon Jr., Benno Torgler","doi":"10.1111/ajes.12594","DOIUrl":"10.1111/ajes.12594","url":null,"abstract":"<p>A large portion of the American electorate holds contempt for elected representatives who skip floor votes. As a result, political challengers, and the national political media in the U.S., rarely miss a chance to inform the electorate of the shirking behavior of its representatives. New research suggests that, in 2020, the leadership of the U.S. House of Representatives may have developed protection, albeit temporary, to legislators who engage in shirking behavior. That protection came via passage of <i>House Resolution 965</i>, which authorized “remote voting by proxy” in the U.S. House of Representatives due to the COVID-19 pandemic. This study extends the literature on proxy voting by empirically examining the factors that influenced the tendency of members of the U.S. House of Representatives to either shirk (i.e., skip) the vote on proxy voting (i.e., <i>HR 965</i>) or to vote in favor of the resolution (i.e., <i>HR 965</i>) allowing for the proxy vote. Econometric results suggest that Representatives' gender, age, legislative tenure, and past penchant for participatory shirking worked to determine parliamentary participation, and the direction of one's vote, on <i>HR 965</i>.</p>","PeriodicalId":47133,"journal":{"name":"American Journal of Economics and Sociology","volume":"83 4","pages":"793-807"},"PeriodicalIF":0.9,"publicationDate":"2024-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141340712","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}