Technological and Economic Development of Economy最新文献_第4页

SMART STRUCTURING AND MONITORING OF CAUSAL DYNAMICS BETWEEN GUIDELINES AND PRIORITIES OF BANCO DE PORTUGAL UNDER THE 2021-25 STRATEGIC PLAN 根据2021-25年战略计划，智能构建和监测葡萄牙央行的指导方针和优先事项之间的因果动态

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-07-19 DOI: 10.3846/tede.2023.19319

Madalena M. Travisco, Fernando A. F. Ferreira, Alexandra Milici, Nerija Banaitienė, A. Banaitis

{"title":"SMART STRUCTURING AND MONITORING OF CAUSAL DYNAMICS BETWEEN GUIDELINES AND PRIORITIES OF BANCO DE PORTUGAL UNDER THE 2021-25 STRATEGIC PLAN","authors":"Madalena M. Travisco, Fernando A. F. Ferreira, Alexandra Milici, Nerija Banaitienė, A. Banaitis","doi":"10.3846/tede.2023.19319","DOIUrl":"https://doi.org/10.3846/tede.2023.19319","url":null,"abstract":"In 2021, Banco de Portugal started a new cycle of strategic planning. The Banco de Portugal’s fourth strategic plan (i.e., PE21-25) was published at the institutional website, and defines 35 priorities/objectives grouped into five strategic guidelines. The interrelationships and causal dynamics of those guidelines and priorities are the core of the current research. The main purpose is to develop a set of actions aiming at producing recommendations for prioritizing the 35 strategic objectives using the Decision MAking Trial and Evaluation Laboratory (DEMATEL) method. The objective is to develop a constructivist procedure that, with the direct collaboration of a panel of relevant decision makers, grants the analysis objectivity and empirical substance for making recommendations at the strategic level. Contributing to the literature on central banking strategic planning is an additional objective. The results of the DEMATEL application include the identification of three priorities as central factors (i.e., high prominence and high relationship), and a hierarchical list of the PE21-25 strategic priorities analyzed, including their cause-and-effect relationships.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"327 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78019295","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: 1

TIME SERIES FORECASTING WITH THE CIR# MODEL: FROM HECTIC MARKETS SENTIMENTS TO REGULAR SEASONAL TOURISM cir #模型的时间序列预测:从繁忙的市场情绪到常规的季节性旅游

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-07-14 DOI: 10.3846/tede.2023.19294

G. Orlando, Michele Bufalo

{"title":"TIME SERIES FORECASTING WITH THE CIR# MODEL: FROM HECTIC MARKETS SENTIMENTS TO REGULAR SEASONAL TOURISM","authors":"G. Orlando, Michele Bufalo","doi":"10.3846/tede.2023.19294","DOIUrl":"https://doi.org/10.3846/tede.2023.19294","url":null,"abstract":"This research aims to propose the so-called CIR#, which takes its cue from the well- known Cox-Ingersoll-Ross (CIR) model originally devised for pricing, as a general econometric model. To this end, we present the results on two very different time series such as Polish interest rates (subject to market sentiments) and seasonal tourism (subject to pandemic lock-down measures). For interest rates, as reference models, we consider an improved version of the CIR model (denoted CIRadj), the Hull and White model, the exponentially weighted moving average (EWMA) which is often adopted whenever no structure is assumed in the data and a popular machine learning model such as the short-term memory network (LSTM). For tourism, as a benchmark, we consider seasonal autoregressive integrated moving average (SARIMA) complemented by the generalized autoregressive conditional heteroskedasticity (GARCH) for modelling the variance, the classic Holt-Winters model and the aforementioned LSTM. Results support the claim that the CIR# performs better than the other models in all considered cases being able to deal with erratic behaviour in data.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"38 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73023647","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: 1

INTRODUCING ALTERNATIVES RANKING WITH ELECTED NOMINEE (ARWEN) METHOD: A CASE STUDY OF SUPPLIER SELECTION 引入arwen法对备选方案进行排序:以供应商选择为例

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-06-16 DOI: 10.3846/tede.2023.18789

Shervin Zakeri, Prasenjit Chatterjee, Dimitris Konstantas, Ali Shojaei Farr

{"title":"INTRODUCING ALTERNATIVES RANKING WITH ELECTED NOMINEE (ARWEN) METHOD: A CASE STUDY OF SUPPLIER SELECTION","authors":"Shervin Zakeri, Prasenjit Chatterjee, Dimitris Konstantas, Ali Shojaei Farr","doi":"10.3846/tede.2023.18789","DOIUrl":"https://doi.org/10.3846/tede.2023.18789","url":null,"abstract":"Supply chain management (SCM) has gradually evolved beyond the straightforward logic of benefits and economic viewpoints. Supplier selection and performance evaluation are the crucial strategic components of any SCM system with a substantial economic impact and risk reduction. Several conflicting factors make supplier selection a challenging multi-criteria decision-making problem. This paper introduces a method called alternative ranking with the elected nominee (ARWEN) to select suppliers in Iran’s dairy product chain store. The primary principle of ARWEN is to choose the best alternative based on the lowest change rate rather than the elected nominee. Four extensions of the ARWEN method are proposed depending upon the nature and level of information available to the decision-makers. A fifth extended version termed E-ARWEN is also recommended to consider the negative form of the elected nominee. Two novel statistical tools, the ranking performance index and the Zakeri-Konstantas distance product correlation coefficient, are also put forth to validate the ARWEN extensions’ outcomes. The results and verification of this new method are carried out through two supplier selection case examples. Comprehensive comparisons were carried out to explore the new methods’ behaviors, indicating ARWEN III and E-ARWEN have similar behavior to VIKOR, SAW, and EDAS in generating rankings.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"12 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75267249","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: 1

NONLINEAR EFFECTS OF DIGITALIZATION ON EXPORT ACTIVITIES: AN EMPIRICAL INVESTIGATION IN EUROPEAN COUNTRIES 数字化对出口活动的非线性影响:欧洲国家的实证研究

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-05-24 DOI: 10.3846/tede.2023.17061

Nguyen Thi Hong Nham, N. Bảo, Leavitt Ha

{"title":"NONLINEAR EFFECTS OF DIGITALIZATION ON EXPORT ACTIVITIES: AN EMPIRICAL INVESTIGATION IN EUROPEAN COUNTRIES","authors":"Nguyen Thi Hong Nham, N. Bảo, Leavitt Ha","doi":"10.3846/tede.2023.17061","DOIUrl":"https://doi.org/10.3846/tede.2023.17061","url":null,"abstract":"Our study is the first to empirically analyze the nonlinear relationship between digitalization and export value and diversification. This paper measures the digital transformation process in terms of digital connectivity, uses of the internet, e-business, e-commerce, and e-government. The various econometrics techniques are applied for the database of 23 European countries during the period 2015–2020. The vital findings should be conveyed here. First, the bottlenecks of export values could be resolved by promoting digital transformation. However, the non-linear reverted U-shaped relationship between digitalization and export diversification suggests that positive effects only appear when the digital activities, especially in digital connectivity, humans with digital skills, use of internet services, or digital public services reaches a certain threshold. Second, the positive influence of digitalization on exports stems from a reduction in export cost and export time to deal with documentary and border compliance as well as improvements in competence and quality of logistic services and quality of trade and transport-related infrastructure, thus enhancing exports. Third, the role of digital connectivity and the integration of digital technology into business and commerce become especially important for export diversification.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"8 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73905359","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

THE IMPACTS OF ENERGY SUPPLY AND ENVIRONMENTAL TAXATION ON CARBON INTENSITY 能源供给和环境税收对碳强度的影响

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-05-17 DOI: 10.3846/tede.2023.18871

D. Máté, L. Török, J. Kiss

{"title":"THE IMPACTS OF ENERGY SUPPLY AND ENVIRONMENTAL TAXATION ON CARBON INTENSITY","authors":"D. Máté, L. Török, J. Kiss","doi":"10.3846/tede.2023.18871","DOIUrl":"https://doi.org/10.3846/tede.2023.18871","url":null,"abstract":"Carbon dioxide (CO2) is a significant source of Greenhouse Gas (GHG) emissions and plays a crucial role in climate change and global warming. This study aims to explain the effects of primary and renewable energy supplies and environmental taxation and to analyse how taxation can alter their direct effects on carbon intensity. The research was conducted using a generalized method of moments model that uses instrumental variables with two-stage (2SGMM) estimators to calculate the direct and moderating effects of environmental taxes on carbon intensity. This study confirms the EKC theorem, and results have shown that primary energy supply and environmental-related taxation positively contribute to carbon intensity. The second finding indicates that a major increase in the proportion of renewable energy will greatly slow the rate of carbon dioxide emissions. The study provides additional evidence concerning the moderating role of taxation in amplifying the impacts of primary and renewable energy supply. The empirical findings suggest that the taxation impact is more fiscal than an incentive. In addition to the current energy and economic crisis, considerable funding and fiscal policies are needed to achieve more sustainable development paths towards carbon neutrality and energy security.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"1 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89413348","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: 1

ANALYSIS STRATEGY CONFIGURATIONS IN RISK TAKING USING FUZZY SET QUALITATIVE COMPARATIVE ANALYSIS MODEL 运用模糊集定性比较分析模型分析风险承担中的策略配置

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-04-26 DOI: 10.3846/tede.2023.18779

Gang Yang, Xueyan Bai, Shiyu Yang

引用次数: 1

INNOVATION UNDER AN UMBRELLA: HOW CAN BLOCKCHAIN CONTRIBUTE TO CORPORATE INNOVATION IN THE AGE OF GLOBALIZATION 伞下创新:全球化时代区块链如何促进企业创新

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-04-26 DOI: 10.3846/tede.2023.18967

Runze Zhang, X. Chen, Zhijun Li, Peiyang Qiu

{"title":"INNOVATION UNDER AN UMBRELLA: HOW CAN BLOCKCHAIN CONTRIBUTE TO CORPORATE INNOVATION IN THE AGE OF GLOBALIZATION","authors":"Runze Zhang, X. Chen, Zhijun Li, Peiyang Qiu","doi":"10.3846/tede.2023.18967","DOIUrl":"https://doi.org/10.3846/tede.2023.18967","url":null,"abstract":"In the age of globalization, enterprises have faced new challenges and opportunities for innovative behavior. Increasing cultural exchanges provide enterprises with a wealth of information and knowledge, but also exacerbate the risk of information loss. Therefore, information security has become an increasingly critical issue. Blockchain technology is an effective guarantee for the success of enterprise innovation in such circumstances. Enterprises can access information across national boundaries and avoid the risk of a cultural clash or a leak of information due to the security and traceability of blockchain technology. In the era of globalization, blockchain technology has become an umbrella for enterprises to exploit cultural diversity. This study presents a DDD model that illustrates how blockchain firms can benefit from cultural diversity to produce innovative products. Specifically, firms that utilize blockchain increase their innovation output by 36.17% compared to those that do not. Additionally, it explores how firms can benefit from the spillover of external knowledge and how traditional models of R&D through equipment purchases give way to new models of bringing in talent for knowledge exchange using blockchain. The model presented in this study provides a novel theoretical perspective on how emerging technologies affect corporate innovation, emphasizing the importance of blockchain technology to corporate innovation in an era of globalization with increasing cultural exchanges. It also provides a new perspective on the application of emerging technologies.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"13 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82108089","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

NEW SMART CITY CLUSTERS’ CONSTRUCTION LEVEL EVALUATION UNDER ECONOMIC CIRCLES: THE CASE OF SHANDONG, CHINA 经济圈下新型智慧城市群建设水平评价——以山东为例

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-04-21 DOI: 10.3846/tede.2023.18792

Xuhui Cong, Sai Wang, Liang Wang, Zhipeng Qi, M. Skibniewski

{"title":"NEW SMART CITY CLUSTERS’ CONSTRUCTION LEVEL EVALUATION UNDER ECONOMIC CIRCLES: THE CASE OF SHANDONG, CHINA","authors":"Xuhui Cong, Sai Wang, Liang Wang, Zhipeng Qi, M. Skibniewski","doi":"10.3846/tede.2023.18792","DOIUrl":"https://doi.org/10.3846/tede.2023.18792","url":null,"abstract":"China’s Shandong Province plans to create a new smart city cluster that is developmentfocused, demand-led, people-oriented, and data-driven. This entails the scientific assessment of construction levels, analysis of potential hurdles, and formulation of upgraded strategies. However, existing research has mainly focused on measuring single or multiple traditional smart cities, therein overlooking the construction level of new smart city clusters. Thus, this study takes the new smart city clusters in Shandong Province and uses both entropy method and the Moran index to analyze the construction level and spatial differences in the four dimensions of social livelihood, economic production, innovation-driven development, and safeguard measures. Results show that the construction level of the provincial capital economic circle is uneven and has polarization issues. Meanwhile, the construction level of Jiaodong economic circle is relatively good, although the economic driving capacity needs further improvement. The low urbanization rate of the Lunan economic circle occupies a gathering zone with low construction levels, making the construction of digital villages necessary. Targeted suggestions in improving the radiationdriven capacity of core cities, improving digital infrastructure, and developing smart industries are then forwarded to promote the establishment of new smart city clusters and achieve top-notch economic growth.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"30 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81899878","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

HOW CAN DIGITAL ECONOMY DEVELOPMENT EMPOWER HIGH-QUALITY ECONOMIC DEVELOPMENT? 数字经济发展如何助力经济高质量发展?

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-04-17 DOI: 10.3846/tede.2023.18784

Wen Chen, Xiaoyu Du, Wei Lan, Weifeng Wu, M. Zhao

引用次数: 1

NONPARAMETRIC NUMERICAL APPROACHES TO PROBABILITY WEIGHTING FUNCTION CONSTRUCT FOR MANIFESTATION AND PREDICTION OF RISK PREFERENCES 非参数数值方法的概率加权函数构造的表现和预测风险偏好

IF 5.9 2区经济学

Technological and Economic Development of Economy Pub Date : 2023-04-17 DOI: 10.3846/tede.2023.18551

Sheng Wu, Zhen-Song Chen, W. Pedrycz, K. Govindan, K. Chin

{"title":"NONPARAMETRIC NUMERICAL APPROACHES TO PROBABILITY WEIGHTING FUNCTION CONSTRUCT FOR MANIFESTATION AND PREDICTION OF RISK PREFERENCES","authors":"Sheng Wu, Zhen-Song Chen, W. Pedrycz, K. Govindan, K. Chin","doi":"10.3846/tede.2023.18551","DOIUrl":"https://doi.org/10.3846/tede.2023.18551","url":null,"abstract":"Probability weighting function (PWF) is the psychological probability of a decision-maker for objective probability, which reflects and predicts the risk preferences of decision-maker in behavioral decisionmaking. The existing approaches to PWF estimation generally include parametric methodologies to PWF construction and nonparametric elicitation of PWF. However, few of them explores the combination of parametric and nonparametric elicitation approaches to approximate PWF. To describe quantitatively risk preferences, the Newton interpolation, as a well-established mathematical approximation approach, is introduced to task-specifically match PWF under the frameworks of prospect theory and cumulative prospect theory with descriptive psychological analyses. The Newton interpolation serves as a nonparametric numerical approach to the estimation of PWF by fitting experimental preference points without imposing any specific parametric form assumptions. The elaborated nonparametric PWF model varies in accordance with the number of the experimental preference points elicitation in terms of its functional form. The introduction of Newton interpolation to PWF estimation into decision-making under risk will benefit to reflect and predict the risk preferences of decision-makers both at the aggregate and individual levels. The Newton interpolation-based nonparametric PWF model exhibits an inverse S-shaped PWF and obeys the fourfold pattern of decision-makers’ risk preferences as suggested by previous empirical analyses.","PeriodicalId":51460,"journal":{"name":"Technological and Economic Development of Economy","volume":"1 1","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91142726","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