Journal of Economic Surveys最新文献_第2页

Correlation networks in economics and finance: A review of methodologies and bibliometric analysis 经济学和金融学中的相关网络：方法论和文献计量分析综述

IF 5.9 2区经济学

Journal of Economic Surveys Pub Date : 2024-07-23 DOI: 10.1111/joes.12655

Hamidreza Esmalifalak, Amir Moradi-Motlagh

{"title":"Correlation networks in economics and finance: A review of methodologies and bibliometric analysis","authors":"Hamidreza Esmalifalak, Amir Moradi-Motlagh","doi":"10.1111/joes.12655","DOIUrl":"10.1111/joes.12655","url":null,"abstract":"This paper presents an in-depth review of the methodologies and innovations in the study of correlation networks in economics and finance. We explore the development of filtering algorithms and distance measures, emphasizing their critical role in extracting meaningful financial interconnections. Our study underscores the relevance of the minimum spanning tree, planar maximally filtered graph, and other advanced tools in interpreting financial dynamics. Empirical insights emphasize the increasing interconnectedness of global financial markets, underscoring the necessity of grasping correlation levels, market structures, and time-varying dynamics. A notable observation is the marked increase in studies focusing on econometrics, economics, and finance post-2015, indicating a paradigm shift in research emphasis. Through bibliometric analysis of 1200 publications, we highlight key authorship clusters, the instrumental contributions of individual researchers, trending keywords, and the growing influence of countries like Italy and China. We conclude with an overview of the software tools essential for both academic research and practical applications in financial network analysis.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"39 3","pages":"1252-1286"},"PeriodicalIF":5.9,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joes.12655","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141811025","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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

Financial crimes in Africa and economic growth: Implications for achieving sustainable development goals (SDGs) 非洲的金融犯罪与经济增长：对实现可持续发展目标（SDGs）的影响

IF 5.9 2区经济学

Journal of Economic Surveys Pub Date : 2024-07-16 DOI: 10.1111/joes.12652

Kingsley K. Arthur, Simplice A. Asongu, Peter Darko, Marvin O. Ansah, Sampson Adom, Omega Hlortu

{"title":"Financial crimes in Africa and economic growth: Implications for achieving sustainable development goals (SDGs)","authors":"Kingsley K. Arthur, Simplice A. Asongu, Peter Darko, Marvin O. Ansah, Sampson Adom, Omega Hlortu","doi":"10.1111/joes.12652","DOIUrl":"10.1111/joes.12652","url":null,"abstract":"The current review systematically synthesizes existing literature to provide a comprehensive overview of the nature of financial crimes in Africa and their impact on economic growth. We adopted the PRISMA protocol to identify 128 papers from the Scopus database, which were analyzed using MS Excel, VOSviewer, and R-packages (Bibliometrix). The survey reveals that financial crimes are on the rise in Africa and have gained increasing concern over the years on the part of scholars, governments, and NGOs. The survey also demonstrates that most of the financial crime in Africa emanates from illicit activities such as credit card fraud, cybercrime, mobile money fraud, financial statement fraud, Ponzi scheme, bribery and corruption, public fund mismanagement, terror financing, piracy, identity fraud, tax invasion, drug trafficking, product based-fraud, burglary, trade-based money laundering, sex marketing, and gambling; with the majority occurring in specific regions like Western Africa, Southern Africa, and Eastern Africa. Sociopolitical marginalization, poverty, and unemployment, weak institutional and financial regulatory systems and individual selfish interests were the major causes. Overall, the content analysis of the studies indicates that financial crimes have significant negative impacts on the economic growth of the African continent. Implications for future research and practices have been discussed.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"39 3","pages":"1212-1251"},"PeriodicalIF":5.9,"publicationDate":"2024-07-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joes.12652","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141643705","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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

Parametric and non-parametric measurement of efficiency in hotel industry: A systematic literature review 酒店业效率的参数和非参数测量：系统文献综述

IF 5.9 2区经济学

Journal of Economic Surveys Pub Date : 2024-07-14 DOI: 10.1111/joes.12653

Mara E. Vidali, Angeliki N. Menegaki, Nisar Ahmad

{"title":"Parametric and non-parametric measurement of efficiency in hotel industry: A systematic literature review","authors":"Mara E. Vidali, Angeliki N. Menegaki, Nisar Ahmad","doi":"10.1111/joes.12653","DOIUrl":"10.1111/joes.12653","url":null,"abstract":"This paper conducts an extensive systematic literature review on the measurement of efficiency in the hotel sector, which is the cornerstone of tourism. Thus, scrutinizing its performance measurement is vital for the advancement and strategic development of the sector. Exploiting the Scopus database, the paper offers a unique methodology for documenting sample transparency and selection objectivity and can constitute an example for future literature reviews. A range of articles is assessed to discern prevailing trends, key authors, and influential journals. A division of parametric and non-parametric nature, various efficiency measurement methodologies, the input and output variables, geographical covering as well as various other metrics and benchmarks have been included. The study reveals a predominant focus on technical efficiency and commonly employed input variables such as the number of hotel rooms and employees. The paper suggests future research directions, advocating for a broader exploration of efficiency dimensions, including profit and cost aspects, the integration of emerging variables like digitalization and environmental factors and the use of larger samples. This study provides a comprehensive overview beneficial for academics, industry practitioners, and policymakers, synthesizing a clear orientation in the subject and indicating critical research routes for advancing the field's understanding and practical applications.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"39 3","pages":"1185-1211"},"PeriodicalIF":5.9,"publicationDate":"2024-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141649774","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Feeling the heat: Extreme temperatures and housing prices in China 感受高温：中国的极端气温与房价

IF 5.9 2区经济学

Journal of Economic Surveys Pub Date : 2024-07-10 DOI: 10.1111/joes.12651

Yankun Kang, Dongxiao Niu, Jie Song, Weizeng Sun

{"title":"Feeling the heat: Extreme temperatures and housing prices in China","authors":"Yankun Kang, Dongxiao Niu, Jie Song, Weizeng Sun","doi":"10.1111/joes.12651","DOIUrl":"10.1111/joes.12651","url":null,"abstract":"Climate change-driven extreme heat events pose a major threat to urban expansion globally. This study evaluates the relationship between extreme heat and housing prices utilizing panel data from Chinese cities between 2009 and 2019. Our findings indicate a significant negative correlation between housing prices and extreme temperatures. Specifically, we observe a 0.1% reduction in housing prices for each additional day per year with temperatures surpassing 35°C. This research evaluates two primary mechanisms underpinning this finding. Firstly, our analysis demonstrates a decline in labor inflows to cities experiencing extreme heat, with a particularly significant effect on the influx of high-skilled workers. In addition, existing residents in these hotter urban environments exhibit reduced home-buying intentions and reduced proclivity for long-term residency, coupled with higher living costs. Secondly, our findings indicate that extreme heat acts as a deterrent to firm entry, thereby further suppressing housing demand. This study contributes valuable empirical insights into the capitalization of climate risk in housing markets, with a specific emphasis on the effect of extreme heat. Moreover, it highlights the urgent necessity for the development and implementation of sustainable adaptation strategies to reduce the negative effects of evolving climatic conditions.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"38 5","pages":"1956-1982"},"PeriodicalIF":5.9,"publicationDate":"2024-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141659401","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Climate change in Europe and international portfolio allocation: Micro-level evidence from global funds 欧洲气候变化与国际投资组合分配：来自全球基金的微观证据

IF 5.9 2区经济学

Journal of Economic Surveys Pub Date : 2024-06-21 DOI: 10.1111/joes.12649

Xiao Li, Xingyu Lu, Wenjing Xie

{"title":"Climate change in Europe and international portfolio allocation: Micro-level evidence from global funds","authors":"Xiao Li, Xingyu Lu, Wenjing Xie","doi":"10.1111/joes.12649","DOIUrl":"10.1111/joes.12649","url":null,"abstract":"This paper investigates the impact of climate change on international portfolio allocations of global funds. We select the heat wave disasters in Europe in 2018 as a quasi-natural experiment and employ the DID framework. Our findings indicate that global funds would reduce their holdings in the affected country after heat wave disasters. The congestion of inland waterways and electricity shortages during the heatwave have resulted in production delays, thereby transmit risks to the financial sector. Countries with higher foreign exposure experience a larger scale of capital outflow after heat waves; while countries with great institutional quality and resilience demonstrate greater capacity to withstand heat wave disasters. The funds with lower risk tolerance are more sensitive to climate change. Additionally, domestic funds will remain in their home countries post-heatwave when foreign capitals flow away. These findings have important policy implications, and countries with high climate risks should carefully monitor the capital flows. In order to reduce the impact of climate risks, it is crucial to improve the quality of institution and efficiency of government as well as to implement effective disaster prevention and mitigation measures.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"38 5","pages":"1928-1955"},"PeriodicalIF":5.9,"publicationDate":"2024-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141502259","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Trade and the environment, trade policies and environmental policies—How do they interact? 贸易与环境、贸易政策与环境政策——它们是如何相互作用的？

IF 5.9 2区经济学

Journal of Economic Surveys Pub Date : 2024-06-19 DOI: 10.1111/joes.12628

Gabriel Felbermayr, Sonja Peterson, Joschka Wanner

{"title":"Trade and the environment, trade policies and environmental policies—How do they interact?","authors":"Gabriel Felbermayr, Sonja Peterson, Joschka Wanner","doi":"10.1111/joes.12628","DOIUrl":"https://doi.org/10.1111/joes.12628","url":null,"abstract":"While international trade can offer gains from specialization and access to a wider range of products, it is also closely interlinked with global environmental problems, above all, anthropogenic climate change. This survey provides a structured overview of the economic literature on the interaction between environmental outcomes, trade, environmental policy and trade policy. In this endeavor, it covers approaches reaching from descriptive data analysis based on input-output tables, over quantitative trade models and econometric studies to game-theoretic analyses. Addressed issues are in particular the emission content of trade and emissions along value chains, the relocation of dirty firms and environmental impacts abroad, impacts of specific trade policies (such as trade agreements or tariffs) or environmental policies (such as border carbon adjustment), transportation emissions, as well as the role of firms. Across the different topics covered, the paper also tries to identify avenues for future research, with a particular focus on extending quantitative trade and environment models.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"39 3","pages":"1148-1184"},"PeriodicalIF":5.9,"publicationDate":"2024-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joes.12628","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144213844","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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

Understanding market sentiment analysis: A survey 理解市场情绪分析：一项调查

IF 5.9 2区经济学

Journal of Economic Surveys Pub Date : 2024-06-18 DOI: 10.1111/joes.12645

Peyman Heydarian, Albert Bifet, Shaen Corbet

引用次数: 0

Within- and across-province agglomeration of LEED certifications in China 中国 LEED 认证的省内和跨省集聚效应

IF 5.9 2区经济学

Journal of Economic Surveys Pub Date : 2024-06-07 DOI: 10.1111/joes.12648

Guanzu Ding, Wei Lin, Yanfei Wang

引用次数: 0

Global poverty: A Review of Measurement, Levels, and Trends in a Historical Perspective 全球贫困：从历史角度回顾贫困的衡量、水平和趋势

IF 5.9 2区经济学

Journal of Economic Surveys Pub Date : 2024-06-07 DOI: 10.1111/joes.12644

Michail Moatsos

{"title":"Global poverty: A Review of Measurement, Levels, and Trends in a Historical Perspective","authors":"Michail Moatsos","doi":"10.1111/joes.12644","DOIUrl":"10.1111/joes.12644","url":null,"abstract":"Global poverty both in terms of conceptualization and measurement has been the point of a long-standing debate for at least the last 20 years. The debate mostly evolves around the appropriateness of the dominant dollar-a-day approach—conceptualized and popularized by the World Bank since the early 1990s—and the quest for (better) alternatives. The most prominent alternatives are the cost of basic needs method and the capabilities/multidimensional. However, the later lacks medium and long run global reach due to data limitations. In addition, global poverty estimates across the literature resist meaningful direct comparison due to the substantial methodological differences between each attempt, even using the same broad methodological framework. More welfare demanding definitions of cost of basic needs implementation, building upon the EAT-Lancet healthy reference diet, indicate that global poverty has reduced at a much lower rate, and its estimates diverge at an increasing rate from the dollar-a-day definition of extreme poverty. This review compares the two main approaches on the definition and measurement of global poverty and contrasts available results with a focus in the long run implementations.","PeriodicalId":51374,"journal":{"name":"Journal of Economic Surveys","volume":"39 2","pages":"706-766"},"PeriodicalIF":5.9,"publicationDate":"2024-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joes.12644","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141373729","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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

Spatial and spatiotemporal volatility models: A review 时空波动模型：综述

IF 5.9 2区经济学

Journal of Economic Surveys Pub Date : 2024-06-05 DOI: 10.1111/joes.12643

Philipp Otto, Osman Doğan, Süleyman Taşpınar, Wolfgang Schmid, Anil K. Bera

引用次数: 0