Economic Research-Ekonomska Istrazivanja最新文献

The influence of entrepreneurship on economic growth in BRICS economies 创业对金砖国家经济增长的影响

3区经济学

Economic Research-Ekonomska Istrazivanja Pub Date : 2023-11-08 DOI: 10.1080/1331677x.2023.2275582

Frank Ranganai Matenda, Mabutho Sibanda

{"title":"The influence of entrepreneurship on economic growth in BRICS economies","authors":"Frank Ranganai Matenda, Mabutho Sibanda","doi":"10.1080/1331677x.2023.2275582","DOIUrl":"https://doi.org/10.1080/1331677x.2023.2275582","url":null,"abstract":"This study employs correlation analysis and a fixed effects model premised on indexes extracted through principal component analysis to assess the effects of entrepreneurial attitudes and behaviour, and entrepreneurial framework conditions (EFCs) on economic growth in BRICS economies. For purposes of effectiveness, a panel dataset for entrepreneurial attitudes and behaviour, and EFCs indicators is pooled from the Global Entrepreneurship Monitor website, and one for gross domestic product (GDP) per capita, a proxy for economic growth, is sourced from the World Bank website over the period 2001-2021. The study reveals that there are statistically significant negative correlations between GDP per capita and ‘entrepreneurial intentions rate’, ‘perceived capabilities rate’, ‘perceived opportunities rate’, ‘governmental support and policies’, ‘taxes and bureaucracy’, ‘governmental programmes’, ‘internal market openness’, ‘physical and services infrastructure’ and ‘cultural and social norms’. Furthermore, entrepreneurial attitudes and behaviour positively impact GDP per capita, whereas EFCs have no significant influence on GDP per capita in BRICS economies.","PeriodicalId":51450,"journal":{"name":"Economic Research-Ekonomska Istrazivanja","volume":"29 11","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135392177","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Does tertiary education promote technological innovation sustainability? The role of national intellectual capital. An empirical evidence 高等教育能促进技术创新的可持续性吗?国家智力资本的作用。经验证据

3区经济学

Economic Research-Ekonomska Istrazivanja Pub Date : 2023-10-30 DOI: 10.1080/1331677x.2023.2264374

Chukwuemeka Valentine Okolo, Jun Wen, Juliet Oluchi Eze

{"title":"Does tertiary education promote technological innovation sustainability? The role of national intellectual capital. An empirical evidence","authors":"Chukwuemeka Valentine Okolo, Jun Wen, Juliet Oluchi Eze","doi":"10.1080/1331677x.2023.2264374","DOIUrl":"https://doi.org/10.1080/1331677x.2023.2264374","url":null,"abstract":"Tertiary education redefines its role in research and innovation, acting as a proponent of the research and innovation culture, creating real-world solutions, and bridging the gap between decision-making, governance, and innovation. We empirically explore tertiary education’s effect on innovation and national intellectual capital’s role. The empirical findings of the 2SLS and instrumental variable fixed effect model with Driscoll-Kraay robust standard errors, based on panel evidence from 79 economies from 1995 to 2017, show that tertiary education has a positive and substantial effect on innovation performance as determined by patent and trademark applications. Comparable results are obtained using instrumental variable panel quantile regression as robustness tests to support the findings. Also, theoretically, the result shows that national intellectual capital reinforces the impact of tertiary education as a catalyst for technological progress. The findings support R&D data policies that support specific digital innovation, skills, knowledge creation, and diffusion. Proactive policy frameworks should be adopted to promote national intellectual capital through internet infrastructure for economic inclusion that fosters innovativeness; tertiary education using digital technology redefines creativity, stimulates cooperation, and aids in forming innovative ecosystems; boosting government and private grants to university academics allows for identifying ideas with the greatest long-term potential.","PeriodicalId":51450,"journal":{"name":"Economic Research-Ekonomska Istrazivanja","volume":"139 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136067686","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Does global economic reform accentuate technological innovation? A comparative evidence around the world 全球经济改革是否强化了技术创新?世界各地的比较证据

3区经济学

Economic Research-Ekonomska Istrazivanja Pub Date : 2023-10-30 DOI: 10.1080/1331677x.2023.2264371

Jun Wen, Chukwuemeka Valentine Okolo

引用次数: 0

The impact of digital finance on energy total factor productivity 数字金融对能源全要素生产率的影响

3区经济学

Economic Research-Ekonomska Istrazivanja Pub Date : 2023-10-30 DOI: 10.1080/1331677x.2023.2263535

Yanling Li, Mengxin Wang, Gaoke Liao, Ran Gu

{"title":"The impact of digital finance on energy total factor productivity","authors":"Yanling Li, Mengxin Wang, Gaoke Liao, Ran Gu","doi":"10.1080/1331677x.2023.2263535","DOIUrl":"https://doi.org/10.1080/1331677x.2023.2263535","url":null,"abstract":"In the context of modern scientific and technological revolution and industrial transformation, the development of digital finance is conducive to improving the ecological environment and the energy total factor productivity (TFP). In this paper, DEA cross-efficiency model is used to measure the energy TFP, and moment estimation method is used to empirically test the influence and heterogeneity of digital finance on energy TFP, and then the intermediary model is constructed to study and analyze the influence mechanism based on the sample data of 30 provinces in the Chinese Mainland from 2011 to 2018. The following research findings are obtained. First, the development of digital finance has played a significant role in improving energy TFP. Second, spatial heterogeneity exists in the process of digital finance affecting energy TFP improvement, that is, digital finance has a more obvious improvement effect on the energy TFP in central and western China than in eastern China. Third, digital finance can affect energy TFP through technological innovation; that is, the improvement of regional technological innovation is an important transmission mechanism for digital finance to affect energy TFP.","PeriodicalId":51450,"journal":{"name":"Economic Research-Ekonomska Istrazivanja","volume":"87 ","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136067535","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Research on the impact of digital economy on industrial green total factor productivity—analysis based on Chinese provinces 数字经济对工业绿色全要素生产率的影响研究——基于中国省份的分析

3区经济学

Economic Research-Ekonomska Istrazivanja Pub Date : 2023-10-24 DOI: 10.1080/1331677x.2023.2271033

Qingxin Lan, Wan Tang

引用次数: 1

Can environmental taxes decrease final energy consumption in the old and new EU countries? 环境税能降低新老欧盟国家的最终能源消耗吗?

3区经济学

Economic Research-Ekonomska Istrazivanja Pub Date : 2023-10-23 DOI: 10.1080/1331677x.2023.2271968

Tanja Fatur Šikić, Sabina Hodžić

{"title":"Can environmental taxes decrease final energy consumption in the old and new EU countries?","authors":"Tanja Fatur Šikić, Sabina Hodžić","doi":"10.1080/1331677x.2023.2271968","DOIUrl":"https://doi.org/10.1080/1331677x.2023.2271968","url":null,"abstract":"Despite the harmonisation process within the EU area, there are many economic and political differences among European countries in promoting energy policies. Moreover, the status of implementation of environmental tax reforms in the new EU countries is very different from that in the old EU countries, and the economic and environmental impacts of such taxation are diverse. The objective of this paper was therefore to investigate whether the role of environmental taxes in reducing final energy consumption is the same in old and new EU countries. The analysis was conducted for 16 old and 11 new EU member states over the period 1995–2020 using Pooled Mean Group (PMG) and Mean Group (MG) estimators. The results indicate that environmental taxes have a negative long-term impact on final energy consumption in both groups of countries. However, this impact is much smaller in the new EU countries. Moreover, economic growth and greenhouse gas emissions increase final energy consumption. These results also suggest that in order to achieve climate neutrality by 2050, the new EU countries need to apply some stringent regulations and introduce further institutional and environmental reforms that support increasing the share of clean energy sources in the energy mix.","PeriodicalId":51450,"journal":{"name":"Economic Research-Ekonomska Istrazivanja","volume":"51 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135367080","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Covid-19 on stock market performance: evidence from Italy Covid-19对股市表现的影响:来自意大利的证据

3区经济学

Economic Research-Ekonomska Istrazivanja Pub Date : 2023-10-13 DOI: 10.1080/1331677x.2023.2264369

Marianna Mauro, Monica Giancotti, Vito Pipitone, Riccardo Tiscini

{"title":"Covid-19 on stock market performance: evidence from Italy","authors":"Marianna Mauro, Monica Giancotti, Vito Pipitone, Riccardo Tiscini","doi":"10.1080/1331677x.2023.2264369","DOIUrl":"https://doi.org/10.1080/1331677x.2023.2264369","url":null,"abstract":"This paper has explored the impact of the Covid-19 pandemic on the Italian stock market at an industry level, analysing companies listed in the two major stock indexes: MIB 30 and STAR. Using daily firm-level stock prices (from December 2019, until October 31, 2020), we employed an event-study approach to analyse short-term stock market reactions, considering different pandemic windows period. Results showed that stocks reacted negatively to the announcement of the first case in the country, with deep reversal effects when the country was locked down. Monetary policy measures showed potential to ease stock markets: the announcement of Next Generation Agreement highlights the reversed role of Market Capitalization. Firm-specific variables were included in order to make inferences about firm characteristics that emerged as value drivers during the pandemic: in the first lockdown period, a greater company’s capitalization ensured a greater resilience to the Covid-19 shock. Reversals at both an industry and a company level are observed. Results allow to understand how an outbreak of contagious disease affects stock returns in various sectors, helping investors to develop trading strategies to protect their wealth from future epidemics and providing inputs into the assessment of economic vulnerability to pandemic crises.","PeriodicalId":51450,"journal":{"name":"Economic Research-Ekonomska Istrazivanja","volume":"87 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135917779","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Possible changes over time: poverty among migrants in the European Union 随着时间的推移可能发生的变化:欧盟移民的贫困

3区经济学

Economic Research-Ekonomska Istrazivanja Pub Date : 2023-10-10 DOI: 10.1080/1331677x.2023.2264377

Mykhaylo Kunychka, Martin Grešš, Leonid Raneta, Boris Dziura, Dean Sinković

{"title":"Possible changes over time: poverty among migrants in the European Union","authors":"Mykhaylo Kunychka, Martin Grešš, Leonid Raneta, Boris Dziura, Dean Sinković","doi":"10.1080/1331677x.2023.2264377","DOIUrl":"https://doi.org/10.1080/1331677x.2023.2264377","url":null,"abstract":"Over the past decade, the countries of the European Union have faced an increase in immigration flows from less developed and politically stable countries. The movement of migrants created new socio-economic challenges that affected their well-being. Thus, it is fair to ask: what influences the income level of migrants? The aim of the article is to study the influence of the selected determinants on the probability of poverty among migrants in the European Union. Using EU-SILC data for 2014 and 2018, we also explore possible changes in the strength of the determinants of poverty, depending on the pre-crisis and post-crisis periods associated with an increase in immigration. We report that immigrant status expressed by the birth outside the EU or holding other than EU citizenship increases the likelihood of being poor. The applied logistic model show that migrant poverty is associated with the level of education achieved, marital status, occupation, and housing ownership. Using macroeconomic variables, we find that the ratio of migrants to population, population size, and social-democratic welfare regime reduce the likelihood of poverty among migrants.","PeriodicalId":51450,"journal":{"name":"Economic Research-Ekonomska Istrazivanja","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136352453","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

Are emerging Islamic equity markets immune from contagion effects during the COVID-19 pandemic crisis? Evidence from the higher-order comoment-based contagion tests 新兴的伊斯兰股票市场在新冠疫情危机中是否不受传染效应的影响?来自高阶评论传染测试的证据

3区经济学

Economic Research-Ekonomska Istrazivanja Pub Date : 2023-10-09 DOI: 10.1080/1331677x.2023.2263524

Nour El Houda Benzarti, Zouheir Mighri

{"title":"Are emerging Islamic equity markets immune from contagion effects during the COVID-19 pandemic crisis? Evidence from the higher-order comoment-based contagion tests","authors":"Nour El Houda Benzarti, Zouheir Mighri","doi":"10.1080/1331677x.2023.2263524","DOIUrl":"https://doi.org/10.1080/1331677x.2023.2263524","url":null,"abstract":"In this paper, we investigate the possible contagion effects of the COVID-19 pandemic on twenty-four emerging Islamic equity markets. To test for contagion, we use statistical tests based on changes in correlation and higher-order comoments. We also split the full sample into three sub-periods while identifying two phases of the COVID-19 crisis. Our main empirical findings indicate significant evidence of contagion during the two COVID-19 phases, especially through the coskewness, cokurtosis, and covolatility channels. Interestingly, we find that most emerging Islamic equity markets are not immune from the contagious effects of the COVID-19 pandemic. Furthermore, we draw on six behavioural indicators and construct a new index entitled ‘Feverish sentiment’ to examine the causal relationships between investor sentiment and emerging Islamic equity index returns during the COVID-19 pandemic. Using both traditional and frequency-domain Granger causality tests, we find significant causal linkages between investor sentiment and some emerging Islamic equity markets in low, medium, and high frequencies. In particular, the results highlight an increase in the predictive power of investor sentiment during the second phase of the COVID-19 pandemic.","PeriodicalId":51450,"journal":{"name":"Economic Research-Ekonomska Istrazivanja","volume":"1229 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135093729","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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

An augmentation for innovation: psycho-Tech innovative work behavior model through an intellectual risk-taking pathway 创新的增强:通过智力冒险途径的心理-技术创新工作行为模型

3区经济学

Economic Research-Ekonomska Istrazivanja Pub Date : 2023-10-09 DOI: 10.1080/1331677x.2023.2256830

Majid Riaz, Umar Safdar, Muhammad Qasim, Naeem Akhtar

{"title":"An augmentation for innovation: psycho-Tech innovative work behavior model through an intellectual risk-taking pathway","authors":"Majid Riaz, Umar Safdar, Muhammad Qasim, Naeem Akhtar","doi":"10.1080/1331677x.2023.2256830","DOIUrl":"https://doi.org/10.1080/1331677x.2023.2256830","url":null,"abstract":"Organizations require a dynamic and variant work environment to cope with the ever-changing high-tech global challenges, acute competition, and psychological issues. In addition, the covid-19 pandemic has caused devastation across the world. Lockdowns and government measures to restrict the spread of Covid-19 have far-reaching effects on the health and education sectors. Employees in the health and education sectors were surprised by the sudden crisis, which undermined conventional working procedures. Therefore, this study addresses two global issues: high-tech global challenges and covid-19 devastating effects on the health and education sectors. In the context of self-determination theory and theory of planned behavior, the psychological factors (e.g., psychological empowerment, Grit, paradox mindset, and harmonious Passion) and technological factors (for instance, Information and digital handling skills, Communication and collaboration skills and problem-solving skills) have been explored to augment the individual’s innovative work behavior through a novel intellectual risk-taking pathway. Consequently, data comprising1611 responses collected through cross-sectional two-time lag from health and education sectors as well as multisource data obtained from their immediate seniors, reduce biases and provide practitioners and policymakers a new ‘psycho-tech innovative work behavior model with the help of intellectual risk-taking pathway’, which ultimately addresses the high tech global challenges and mitigates the effects of pandemics like Covid-19 and Omicron.","PeriodicalId":51450,"journal":{"name":"Economic Research-Ekonomska Istrazivanja","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135093741","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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