Economic Systems最新文献_第9页

Inflation aversion in Turkey 土耳其的通货膨胀厌恶情绪

IF 3.1 2区经济学

Economic Systems Pub Date : 2023-12-01 DOI: 10.1016/j.ecosys.2023.101147

Deniz Nebioğlu , Barış Soybilgen

引用次数: 1

Gender differences in intergenerational effects of laid-off parents 下岗父母代际效应的性别差异

IF 3.1 2区经济学

Economic Systems Pub Date : 2023-12-01 DOI: 10.1016/j.ecosys.2023.101120

Wentao Fu , Feng Zhu , Yao Cheng

引用次数: 0

Optimal R&D disclosure in network industries 网络产业的最佳研发信息披露

IF 3.1 2区经济学

Economic Systems Pub Date : 2023-12-01 DOI: 10.1016/j.ecosys.2023.101144

Domenico Buccella , Luciano Fanti , Luca Gori

引用次数: 0

Understanding R&D transitions: From bottom to top? 了解研发过渡：从底层到高层？

IF 3.1 2区经济学

Economic Systems Pub Date : 2023-12-01 DOI: 10.1016/j.ecosys.2023.101143

Roberto Alvarez , Claudio Bravo-Ortega , Dan Poniachik

{"title":"Understanding R&D transitions: From bottom to top?","authors":"Roberto Alvarez , Claudio Bravo-Ortega , Dan Poniachik","doi":"10.1016/j.ecosys.2023.101143","DOIUrl":"10.1016/j.ecosys.2023.101143","url":null,"abstract":"<div><p><span>Over the last five decades a growing number of governments in developed and developing countries have implemented targeted policies to increase the R&D to GDP ratio. However, there is little evidence regarding the feasibility of achieving large and permanent changes in R&D investment. We study the incidence and effects of episodes of substantial acceleration in R&D expenditure, using a sample of 62 countries with data from 1960 to 2007. Among other exercises, we use propensity score matching, synthetic cohorts, and panel VAR, in order to elucidate the determinants and effects of important increases in R&D intensity. We find that transitions to higher levels of R&</span><span>D</span>-intensity are a relatively infrequent phenomenon which occurs at relatively high levels of R&D intensity. Looking at long-run changes in R&D, we corroborate that few countries have been able to raise their R&D intensity from the bottom quintile to the top quintile of the global distribution. Our findings indicate that income, physical investment, education, and the size of the manufacturing sector increase the likelihood of transition, whereas country size and FDI decrease it. We find that transitions are positively correlated with subsequent greater income levels, and weakly to TFP growth. Finally, in our Granger tests with panel VAR estimates, we find that R&D acceleration Granger causes GDP growth, the level of patents, high-tech exports, and private and public R&D. In the case of private R&D, there is evidence of bidirectional causality with R&D acceleration.</p></div>","PeriodicalId":51505,"journal":{"name":"Economic Systems","volume":"47 4","pages":"Article 101143"},"PeriodicalIF":3.1,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135428512","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

Regional convergence in Russia: Estimating an augmented Solow model 俄罗斯的区域收敛：估计一个增强Solow模型

IF 3.1 2区经济学

Economic Systems Pub Date : 2023-12-01 DOI: 10.1016/j.ecosys.2023.101128

Aleksey Oshchepkov , Hartmut Lehmann , Maria Giulia Silvagni

引用次数: 0

Does inflation worsen income inequality? A meta-analysis 通货膨胀会加剧收入不平等吗?一个荟萃分析

IF 3.1 2区经济学

Economic Systems Pub Date : 2023-12-01 DOI: 10.1016/j.ecosys.2023.101146

Andreas Sintos

{"title":"Does inflation worsen income inequality? A meta-analysis","authors":"Andreas Sintos","doi":"10.1016/j.ecosys.2023.101146","DOIUrl":"10.1016/j.ecosys.2023.101146","url":null,"abstract":"<div><p>Despite extensive econometric<span> evidence, the research literature has been unable to draw firm conclusions regarding the effect of inflation<span> on income inequality. In this paper, we apply meta-regression methods to a novel data set of 1767 estimates reported in 124 published studies that investigate the effect of inflation on income inequality. We distinguish between estimates that examine the effect of inflation on levels of income inequality and those that examine the effect of inflation on differences of income inequality. For level estimates, not controlling for moderator variables points to mild publication bias in favor of positive estimates (i.e., the current literature favors publishing studies that find that inflation increases income inequality), but publication selectivity does not hold once we control for a set of moderator variables. For difference estimates, mild publication bias in favor of negative estimates is found only once we control for moderator variables. In addition, our results suggest that inflation has a (small-to-moderate) inequality increasing effect for both level and difference estimates. Furthermore, we show that several factors influence reported estimates, including researcher choices concerning the measurement of inflation and inequality, the characteristics of data and estimation methods, and controlling for other components of inequality.</span></span></p></div>","PeriodicalId":51505,"journal":{"name":"Economic Systems","volume":"47 4","pages":"Article 101146"},"PeriodicalIF":3.1,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44775451","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

Mixed-frequency Growth-at-Risk with the MIDAS-QR method: Evidence from China 使用MIDAS-QR方法进行混合频率的风险增长:来自中国的证据

IF 3.1 2区经济学

Economic Systems Pub Date : 2023-12-01 DOI: 10.1016/j.ecosys.2023.101131

Qifa Xu , Mengnan Xu , Cuixia Jiang , Weizhong Fu

引用次数: 0

The effect of economic incentives on corporate environmental investment: Evidence from Chinese manufacturing listed firms 经济激励对企业环境投资的影响——来自中国制造业上市公司的证据

IF 3.1 2区经济学

Economic Systems Pub Date : 2023-12-01 DOI: 10.1016/j.ecosys.2023.101124

Fei Peng , Shibiao Zhou , Langchuan Peng , Defeng Mao

引用次数: 1

Long-term economic implications of Demeny voting: A theoretical analysis 德梅尼投票的长期经济影响：理论分析

IF 3.1 2区经济学

Economic Systems Pub Date : 2023-12-01 DOI: 10.1016/j.ecosys.2023.101151

Luigi Bonatti , Lorenza Alexandra Lorenzetti

{"title":"Long-term economic implications of Demeny voting: A theoretical analysis","authors":"Luigi Bonatti , Lorenza Alexandra Lorenzetti","doi":"10.1016/j.ecosys.2023.101151","DOIUrl":"10.1016/j.ecosys.2023.101151","url":null,"abstract":"<div><p>Despite the intense debate over possible correctives to the propensity of contemporary democracies experiencing population aging to favor the elderly, a formal analysis of the long-term economic implications of introducing such correctives is lacking. This paper bridges the gap by modeling <em>intergenerational redistribution</em> policies by the government through a simple overlapping-generations framework with endogenous fertility. An original feature of our model is that the government policy rule is also endogenized because the weight assigned by the government to the well-being of each living cohort in its objective function changes with both the demographic composition of the voting population and the possibility for young adults to exercise their minor children’s voting rights (called Demeny voting). Within this setup, we study the long-term effects of the introduction of Demeny voting on population growth, capital accumulation, output and consumption per capita, and individuals’ lifetime well-being.</p></div>","PeriodicalId":51505,"journal":{"name":"Economic Systems","volume":"47 4","pages":"Article 101151"},"PeriodicalIF":3.1,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0939362523000900/pdfft?md5=1f3380538312159775af779c3803e6b5&pid=1-s2.0-S0939362523000900-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135762190","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

An empirical analysis of economic growth in countries exposed to coastal risks: Implications for their ecosystems 沿海风险国家经济增长的实证分析:对其生态系统的影响

IF 3.1 2区经济学

Economic Systems Pub Date : 2023-12-01 DOI: 10.1016/j.ecosys.2023.101130

Farid Gasmi , Laura Recuero Virto , Denis Couvet

{"title":"An empirical analysis of economic growth in countries exposed to coastal risks: Implications for their ecosystems","authors":"Farid Gasmi , Laura Recuero Virto , Denis Couvet","doi":"10.1016/j.ecosys.2023.101130","DOIUrl":"10.1016/j.ecosys.2023.101130","url":null,"abstract":"<div><p>Using a novel database on countries exposed to coastal risks (CR), this paper estimates an augmented neoclassical growth model<span> that encompasses eight other new growth models. To account for uncertainty related to the number of models and choice of growth determinant proxies, we use a Bayesian<span><span><span> averaging of classical estimates (BACE) approach. A preliminary examination of the data reveals that a country that faces coastal risks is likely to be a former British colony characterized by a common law legal framework, a parliamentary political system, a high degree of international trade openness, little language and ethnic fractionalization, a low level of public sector </span>corruption, and a high rate of fertility. The BACE-based model selection procedure shows that, in CR countries, the growth determinant proxies typically used in the neoclassical, macroeconomic policy, natural resources, and institutions theories are significantly correlated with growth. These results suggest two implications related to these countries’ coastal ecosystems. First, because they are heavily dependent on natural resources and have high </span>fertility rates, these countries might seek short-term economic gains at the expense of deterioration in their ecosystems. Second, these countries’ good institutions and low levels of ethnic division might be conducive to sustainable management of these ecosystems.</span></span></p></div>","PeriodicalId":51505,"journal":{"name":"Economic Systems","volume":"47 4","pages":"Article 101130"},"PeriodicalIF":3.1,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44211296","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