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1 – 10 of 40Introduction: Contrary to the past when we used to pick among destinations based on our personal preferences, we have had to ignore our preferences due to the COVID-19 pandemic…
Abstract
Introduction: Contrary to the past when we used to pick among destinations based on our personal preferences, we have had to ignore our preferences due to the COVID-19 pandemic. Tourists’ buying behaviour and patterns may differ in the pandemic conditions.
Purpose: During the early pandemic period, filled with panic and fear, consumers shopped for pasta and toilet paper so much so that stores ran out of these consumables, and people started a fight for survival. It was extremely difficult to answer the question of when these consumers, who were shopping as if they would never get out of their homes ever again, would go on vacation as tourists again. In this chapter, it is aimed to reveal how much tourists’ choices of destination affect the number of cases and deaths caused by the pandemic.
Methodology: To understand the effects of the COVID-19 pandemic on tourist destination choices, correlations between the numbers of cases and deaths in 2020 and the changes in tourist arrival numbers for the previous year were analysed.
Findings: Based on the results of the analyses, consumers generally want to participate in tourism even in pandemic conditions. Therefore, at the end of the chapter, precautions and recommendations are put forward to adapt to the pandemic process and enable the dynamism in the tourism sector to be maintained.
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Marcos Dieste, Guido Orzes, Giovanna Culot, Marco Sartor and Guido Nassimbeni
A positive outlook on the impact of Industry 4.0 (I4.0) on sustainability prevails in the literature. However, some studies have highlighted potential areas of concern that have…
Abstract
Purpose
A positive outlook on the impact of Industry 4.0 (I4.0) on sustainability prevails in the literature. However, some studies have highlighted potential areas of concern that have not yet been systematically addressed. The goal of this study is to challenge the assumption of a sustainable Fourth Industrial Revolution by (1) identifying the possible unintended negative impacts of I4.0 technologies on sustainability; (2) highlighting the underlying motivations and potential actions to mitigate such impacts; and (3) developing and evaluating alternative assumptions on the impacts of I4.0 technologies on sustainability.
Design/methodology/approach
Building on a problematization approach, a systematic literature review was conducted to develop potential alternative assumptions about the negative impacts of I4.0 on sustainability. Then, a Delphi study was carried out with 43 experts from academia and practice to evaluate the alternative assumptions. Two rounds of data collection were performed until reaching the convergence or stability of the responses.
Findings
The results highlight various unintended negative effects on environmental and social aspects that challenge the literature. The reasons behind the high/low probability of occurrence, the severity of each impact in the next five years and corrective actions are also identified. Unintended negative environmental effects are less controversial than social effects and are therefore more likely to generate widely accepted theoretical propositions. Finally, the alternative hypothesis ground is partially accepted by the panel, indicating that the problematization process has effectively opened up new perspectives for analysis.
Originality/value
This study is one of the few to systematically problematize the assumptions of the I4.0 and sustainability literature, generating research propositions that reveal several avenues for future research.
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Seoung-Wook Whang, Kenneth Sungho Park and Sangyong Kim
The purpose of this paper is to identify the critical success factors (CSFs) to implement integrated project delivery (IPD) systems in the Korean construction industry.
Abstract
Purpose
The purpose of this paper is to identify the critical success factors (CSFs) to implement integrated project delivery (IPD) systems in the Korean construction industry.
Design/methodology/approach
This study categorized potential CSFs and analyzed them using factor analysis and multiple regression analysis to choose the best ones based on responses from Korean construction experts.
Findings
In total, 29 potential factors were selected and categorized into 7 CSFs using factor analysis.
Originality/value
The outcomes of the study are useful as a reference for applying the IPD system in different developing countries and mid-sized construction industries.
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Alfonso Camba-Crespo, José García-Solanes and Fernando Torrejón-Flores
This study aims to identify structural breaks in the current account and the periods between these breaks, which the authors name stability spells, and study their characteristics…
Abstract
Purpose
This study aims to identify structural breaks in the current account and the periods between these breaks, which the authors name stability spells, and study their characteristics and determinants.
Design/methodology/approach
Using data from the IMF and the World Bank, this study applies the Lee and Strazicich test to endogenously identify breaks and the Heckman selection model to simultaneously study the determinants of structural breaks and current-account changes after breaks.
Findings
This study identifies 212 significant structural breaks and 341 stability spells. These spells become shorter and more volatile the further they are from equilibrium, and half of them last 10 years or less. The results show that economic growth and foreign-exchange piling are particularly useful to prevent breaks, while lower per capita income increases exposure to break risks.
Originality/value
This study introduces the concept of current-account stability spells to refer to the periods between structural breaks. These spells are then studied to determine their main characteristics. The authors also apply a global perspective in their analysis, using a wide sample of 181 economies between 1980 and 2018 and considering positive and negative breaks in both level and trend.
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The materials included in this column were selected on the basis of an item by item review of all government publications received at a major depository library. Emphasis is…
Abstract
The materials included in this column were selected on the basis of an item by item review of all government publications received at a major depository library. Emphasis is placed on tools of a reference format, although much else that the Federal government publishes is otherwise of high referral value. Publications not in a reference format, in the strictest sense, are included when their potential value dictates; brief entries for “how to” items and informative pamphlets are also given if deemed potentially useful, particularly for school and public libraries and wherever the identification of vertical file materials is the responsibility of the public service librarian.
The materials included in this column were selected on the basis of an item by item review of all government publications received at a major depository library. Emphasis is…
Abstract
The materials included in this column were selected on the basis of an item by item review of all government publications received at a major depository library. Emphasis is placed on tools of a reference format, although much else that the Federal government publishes is otherwise of high referral value. Publications not in a reference format, in the strictest sense, are included when their potential value dictates; brief entries for “how to” items and informative pamphlets are also given if deemed potentially useful, particularly for school and public libraries and wherever the identification of vertical file materials is the responsibility of the public service librarian. Documents librarian's shorthand has been used in the bibliographical citations. Wherever possible, “United States” has been understood rather than stated in the corporate entries; also, the GPO imprint and place have been dropped. All items unless otherwise indicated are available from the Superintendent of Documents at the prices given. Prices which do not appear were not available at the date of review.
Business cycle theory is normally described as having evolved out of a previous tradition of writers focusing exclusively on crises. In this account, the turning point is seen as…
Abstract
Business cycle theory is normally described as having evolved out of a previous tradition of writers focusing exclusively on crises. In this account, the turning point is seen as residing in Clément Juglar's contribution on commercial crises and their periodicity. It is well known that the champion of this view is Schumpeter, who propagated it on several occasions. The same author, however, pointed to a number of other writers who, before and at the same time as Juglar, stressed one or another of the aspects for which Juglar is credited primacy, including the recognition of periodicity and the identification of endogenous elements enabling the recognition of crises as a self-generating phenomenon. There is indeed a vast literature, both primary and secondary, relating to the debates on crises and fluctuations around the middle of the nineteenth century, from which it is apparent that Juglar's book Des Crises Commerciales et de leur Retour Périodique en France, en Angleterre et aux États-Unis (originally published in 1862 and very much revised and enlarged in 1889) did not come out of the blue but was one of the products of an intellectual climate inducing the thinking of crises not as unrelated events but as part of a more complex phenomenon consisting of recurring crises related to the development of the commercial world – an interpretation corroborated by the almost regular occurrence of crises at about 10-year intervals.
Sabina Alkire and Yangyang Shen
Most poverty research has explored monetary poverty. This chapter presents and analyzes the global multidimensional poverty index (MPI) estimations for China. Using China Family…
Abstract
Most poverty research has explored monetary poverty. This chapter presents and analyzes the global multidimensional poverty index (MPI) estimations for China. Using China Family Panel Studies (CFPS), we find China’s global MPI was 0.035 in 2010 and decreased significantly to 0.017 in 2014. The dimensional composition of MPI suggests that nutrition, education, safe drinking water, and cooking fuel contribute most to overall non-monetary poverty in China. Such analysis is also applied to subgroups, including geographic areas (rural/urban, east/central/west, provinces), as well as social characteristics such as gender of the household heads, age, education level, marital status, household size, migration status, ethnicity, and religion. We find the level and composition of poverty differs significantly across certain subgroups. We also find high levels of mismatch between monetary and multidimensional poverty at the household level, which highlights the importance of using both complementary measures to track progress in eradicating poverty.
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Yixuan Li, Scott L. Zeger, Angelo Elmi, Marcee E. Wilder and Melissa L. McCarthy
Few have studied the relationship between employment and health in the Medicaid population. The purpose of this study is to estimate the impact of job loss on the mental health of…
Abstract
Purpose
Few have studied the relationship between employment and health in the Medicaid population. The purpose of this study is to estimate the impact of job loss on the mental health of working Medicaid beneficiaries.
Design/methodology/approach
This study conducted a post hoc analysis of 1,538 adult Medicaid beneficiaries enrolled in a prospective cohort study. The authors matched participants who lost their job to participants who remained employed based on demographics, illness severity and social determinants of health. The authors estimated the effect of job loss on the odds of a diagnosis of depression and/or anxiety and self-reported mental health during a one-year follow-up period, stratified by prior history of depression and/or anxiety as documented in the Medicaid claims.
Findings
Among participants with no preexisting depression or anxiety, the incidence of depression or anxiety was 17% versus 7% (aOR = 2.85; 95% confidence interval (CI): 1.88 to 4.34) between those who lost versus kept their job, respectively, and the mean difference in self-reported mental health was −4.3 (95% CI: −6.02 to −2.58). Self-reported mental health was also poorer between those who lost versus kept their job among participants with preexisting depression and/or anxiety (x = −4.78 (95% CI: −8.90 to −0.66).
Research limitations/implications
Limitations of this study are as follows: we may not have matched on all factors that influence retaining a job; we do not distinguish between involuntary and voluntary job loss; generalizability is limited; and employment information is based on self-report.
Practical implications
Our society should invest more resources into supporting low-wage workers such as Medicaid beneficiaries.
Social implications
Active labor policies that connect people to jobs, help them retain their job and support skills training to secure a better quality job, could reduce health disparities in the Medicaid population.
Originality/value
Use of both claims and self-reported mental health information to evaluate the impact of job loss on working Medicaid beneficiaries.
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Martin Ruef, Colin Birkhead and Howard Aldrich
Studies of unicorns and gazelles can offer detailed information about the process of enterprise development but are unrepresentative as examples of entrepreneurial success. In…
Abstract
Purpose
Studies of unicorns and gazelles can offer detailed information about the process of enterprise development but are unrepresentative as examples of entrepreneurial success. In presenting a novel method for outlier analysis, this article combines insights from case studies of unusual organizations with explanatory frameworks that management scholars have applied to broader samples of firms, irrespective of their survival.
Design/methodology/approach
The authors illustrate the approach to outlier analysis using a prominent case from economic history: the House of Rothschild, founded during the 18th century, which became the most famous investment bank in Europe. Following the iterative refinement of mechanisms using comparison data on Jewish enclave firms, this analysis sheds light on the sources of dissimilarity in outcomes between Rothschild and the comparison group.
Findings
The study results suggest that the House of Rothschild's longevity can be explained via the mechanisms of risk sequencing, intergenerational transfers and spatial brokerage. The authors show that these mechanisms are not idiosyncratic to one enterprise but instead generalize to other family firms.
Originality/value
Outlier analysis encourages a rapprochement between case study and large-N research. The high failure rate of new organizations means that those yielding a large amount of information to researchers tend to be exceptional. By obtaining data on a comparison group of startups founded by similar entrepreneurs, analysts can probe the mechanisms of success identified for unicorns or gazelles.
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