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1 – 10 of over 7000Yu Li and Xiaoyang Zhu
The degree of development and the way to identify a fiscal shock matter in evaluating the effects of the fiscal policy. This paper contributes to the debate on the effects of a…
Abstract
Purpose
The degree of development and the way to identify a fiscal shock matter in evaluating the effects of the fiscal policy. This paper contributes to the debate on the effects of a fiscal expansion on private consumption and the real effective exchange rate.
Design/methodology/approach
This paper uses a sign-restriction method to identify a fiscal shock in the panel structural VAR analysis in the context of both developed and developing countries.
Findings
The authors’ find that (1) private consumption increases in response to a positive government spending shock in both groups, yet such consumption effect is greater in developing than industrial countries; (2) the response of real effective exchange rate to the government spending shock varies across groups: it depreciates in developed countries and appreciates in developing countries; (3) trade balance improves in both groups.
Originality/value
This study sheds light on the differential effects of fiscal shock on consumption and real exchange rate in both developed and developing economies.
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Mark Kunawotor, Godson Ahiabor and Eric Yobo
Most African countries operate large government sizes but with little corresponding economic outcomes. Institutional economics however, show that strong institution is fundamental…
Abstract
Purpose
Most African countries operate large government sizes but with little corresponding economic outcomes. Institutional economics however, show that strong institution is fundamental in promoting economic growth. This study examines the linkages between government size, institutional quality and economic welfare in Africa.
Design/methodology/approach
This study deploys the System Generalized Method of Moments estimation strategy on panel data of 52 African economies from 2000–2018.
Findings
The result shows that government size has a negative impact on economic welfare, while institutional quality has a positive impact on economic welfare. The interaction of government size and institutional quality shows a positive impact on economic welfare, signifying synergy and complementarity. Thus, strong institutions counteract the adverse effects of large government size on economic welfare.
Practical implications
To promote human development and economic welfare, and attain key Sustainable Development Goals such as good health and well-being, quality education, decent work and economic growth, African policy makers need to keep their government sizes at optimal levels and promote strong institutions.
Originality/value
This paper provides first-hand empirical evidence of the relevance of institutional quality in counteracting the adverse influence of large government size in Africa. It determines the thresholds of government size and uses a composite index as proxy for same. In addition, this study uses the World Governance Indicators and the Fraser Institute Economic Freedom Index as alternative measures of institutional quality and Gross Domestic Product per capita and Human Development Index as proxies for economic welfare.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-01-2024-0075
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Serhii Nazarovets and Olesya Mryglod
This article presents the results of a quantitative analysis of Ukrainian arts and humanities (A&H) research from 2012 to 2021, as observed in Scopus. The overall publication…
Abstract
Purpose
This article presents the results of a quantitative analysis of Ukrainian arts and humanities (A&H) research from 2012 to 2021, as observed in Scopus. The overall publication activity and the relative share of A&H publications in relation to Ukraine's total research output, comparing them with other countries. The study analyzes the diversity and total number of sources, as well as the geographic distribution of authors and citing authors, to provide insights into the internationalization level of Ukrainian A&H research. Additionally, the topical spectrum and language usage are considered to complete the overall picture.
Design/methodology/approach
This study uses the Scopus database as the primary data source for analyzing the general bibliometric characteristics of Ukrainian A&H research. All document types, except Erratum, were considered. A language filter was applied to compare the bibliometric characteristics of English versus non-English publications. In addition to directly imported data from Scopus, the study employs the ready-to-use SciVal tools to operate with A&H subcategories and calculate additional bibliometric characteristics, such as Citations per Publication (CPP), Field-Weighted Citation Impact (FWCI) and journal quartiles. Information on the country of journal publishers and details on delisted journals from Scopus were obtained from the official Source Title List available on the Elsevier website and the SCImago Journal and Country Rank Portal.
Findings
According to the results obtained, the publication patterns for Ukrainian A&H research exhibit dynamics comparable to those of other countries, with a gradual increase in the total number of papers and sources. However, the citedness is lower than expected, and the share of publications in top-quartile sources is lower for 2020–2021 period compared to the previous years. The impact of internationally collaborative papers, especially those in English, is higher. Nevertheless, over half of all works remain uncited, probably due to the limited readership of the journals selected for publication.
Originality/value
This study provides original insights into the bibliometric characteristics of Ukrainian A&H publications between 2012 and 2021, as assessed using the Scopus database. The authors’ findings reveal that Ukraine's A&H publications have higher visibility than some Asian countries with similar population sizes. However, in comparison to other countries of similar size, Ukraine's research output is smaller. The authors also discovered that cultural and historical similarities with neighboring countries play a more significant role in publication activity than population size. This study highlights the low integration of Ukrainian A&H research into the global academic community, evident through a decline in papers published in influential journals and poor citedness. These findings underscore the importance for authors to prioritize disseminating research in influential journals, rather than solely focusing on indexing in particular databases.
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Xueting Gong, Dinkneh Gebre Borojo and Jiang Yushi
Due to their limited capacity for adaptation and dependence on natural resources for economic growth, developing countries (DCs) tend to be more prone to climate change. It is…
Abstract
Purpose
Due to their limited capacity for adaptation and dependence on natural resources for economic growth, developing countries (DCs) tend to be more prone to climate change. It is argued that climate finance (CF) is a significant financial innovation to mitigate the negative effects of climate variation. However, the heterogeneous impacts of CF on environmental sustainability (ES) and social welfare (SW) have been masked. Thus, this study aims to investigate the heterogeneous effects of CF on ES and SW in 80 CF receipt DCs from 2002 to 2018. This study also aims to investigate the effects of CF on ES and SW based on population size, income heterogeneity and the type of CF.
Design/methodology/approach
The method of moments quantile regression (MMQR) with fixed effects is utilized. Alternatively, the fully modified least square (FMOLS) and dynamic least square (DOLS) estimators are used for the robustness test.
Findings
The findings revealed that DCs with the lowest and middle quantiles of EF, carbon dioxide (CO2) emissions and human development exhibit large beneficial impacts of CF on ES and SW. In contrast, the positive effects of CF on ES breakdown for countries with the largest distributions of EF and CO2 emissions. Besides, the impacts of CF on ES and SW depend on income heterogeneity, population size and the type of CF.
Practical implications
This study calls for a framework to integrate CF into all economic development decisions to strengthen climate-resilient SW and ES in DCs.
Originality/value
To the best of the authors’ knowledge, this is the first study to investigate the effects of CF on ES and SW in a wide range of DCs. Thus, it complements existing related literature focusing on the effects of CF on ES and SW.
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Chengxi Yan, Yuchen Pan, Shaojian Li and Fuqian Zhang
National collaboration is an important topic for the development of digital humanities (DH). However, the collaboration patterns of DH have not been well studied in terms of…
Abstract
Purpose
National collaboration is an important topic for the development of digital humanities (DH). However, the collaboration patterns of DH have not been well studied in terms of development stages and collaboration characteristics. This paper aims to reveal the typical patterns of country-level collaboration in the global environment of DH based on research capacity, network features and influence indicators.
Design/methodology/approach
We systematically designed a pipeline procedure based on the methods of bibliometrics and altmetrics to analyze global DH-related publications from two popular databases. The process includes the division of development stages, the identification of typical characteristics, the analysis of collaboration networks and the correlation test for different influences across countries.
Findings
The findings show that the collaboration in DH has certain characteristics and evolutionary patterns – with 2007 as the turning point that presents a gradual alteration from the strong competition of nation giants and the dominance of domestic collaboration to diversified international cooperation within regional alliances and a clear positive effect on national influence (both academic and social levels) by international collaboration. Some relevant suggestions are also put forward.
Originality/value
The study demonstrates not only the evidence of distinct patterns of country-level collaboration for DH during its evolutionary period as well as collaboration types and structures but also the positive effect of international collaboration on the enhancement of both academic influence and social attention. Moreover, the proposed analytical procedure provides insightful ideas around DH development from both the bibliometric and altmetric views, which can be an extensible framework for other scholarly collaboration research.
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Domingo Valero, Ariane Froidevaux, Chunyu Zhang and María José González-López
This study explores the differences and similarities of work value profiles in samples of business students from four countries with markedly different cultures and labor markets.
Abstract
Purpose
This study explores the differences and similarities of work value profiles in samples of business students from four countries with markedly different cultures and labor markets.
Design/methodology/approach
We used multiple-group latent profile analysis (LPA) to explore the differences and similarities in work value profiles across cultures (n = 317 from Switzerland, n = 313 from Spain, n = 326 from the United States and n = 327 from China).
Findings
The latent profiles mostly show similarities across countries: the largest profiles are a want it all and a humble profile with overall high and intermediate levels in all work values. An overall low work value levels profile and one stressing high security and pay emerged in all countries except Switzerland. In the Swiss sample, two unique profiles emerged: the no status and freelancers profiles.
Practical implications
This study has implications for employee attraction, relations and career counseling with culturally diverse populations.
Originality/value
Studies on work values across cultures most often make direct comparisons between samples, which can lead to excessive emphasis on sometimes small differences. By first studying within-culture differences before comparing the results across cultures, we find that there may be more similarities than differences in work values across cultures and that cross-cultural differences may have often been overstated.
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Kanan Elumalai and Anjani Kumar
This paper aims to analyze relative contribution of intensive margin (IM) and extensive margin (EM) to growth in India's agricultural exports for the period 2001 to 2020. It also…
Abstract
Purpose
This paper aims to analyze relative contribution of intensive margin (IM) and extensive margin (EM) to growth in India's agricultural exports for the period 2001 to 2020. It also analyses the determinants of IM and EMs through a standard gravity model.
Design/methodology/approach
The study uses export data from United Nations Comtrade, which is accessed through World Integrated Trade Solution (WITS) software. Data for the period 2001 to 2020 were compiled for analysis using the Harmonized System (HS) of commodity classification system at the six-digit level. This study decomposed the contribution of IM and EM in the growth of Indian agricultural trade by using Hummels and Klenow's approach. After performing the export decomposition analysis, the authors analyze the factors influencing IM and EM by using the Tobit regression model and Poisson pseudo-maximum-likelihood (PPML) method of estimation.
Findings
The EM grew at 1.24% per annum, while the intensive margin (IM) increased by 0.23%. The contribution of growth at the EM increased from 58.8% in 2001 to 70.2% in 2020. Export growth along the IM was relatively high for animal products and agricultural raw materials, while growth at the EM was an important contributor to the export growth of horticultural and processed agricultural products. There was a positive and significant effect of the free trade agreement (FTA) on export margins.
Research limitations/implications
More disaggregated commodity-specific studies on value chain analysis would provide valuable insights into the issues hindering exports and realizing the untapped export potential.
Originality/value
There is a scarcity of holistic and recent studies illustrating the role of IM and EMs in agricultural trade growth, covering a large number of commodities and geographies associated with Indian agricultural trade. The study would be helpful to the stakeholders in facilitating informed policy decisions.
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Maria Del Carmen Ramos-Herrera
The purpose of this study is to provide empirical evidence on the impact of deviations from the long-run sustainable real exchange rate (RER) equilibrium on real economic growth…
Abstract
Purpose
The purpose of this study is to provide empirical evidence on the impact of deviations from the long-run sustainable real exchange rate (RER) equilibrium on real economic growth rate applying panel autoregressive distributed lag model (ARDL) (Pooled Mean Group, Mean Group and Dynamic Fixed Effects estimators) in a dynamic heterogeneous panel setting and panel NARDL for the largest database covering 104 countries during 1995–2022 period developed by Couharde et al. (2017).
Design/methodology/approach
The EQCHANGE database makes available not only the equilibrium RER but also misalignments according to the Behavioral Equilibrium Exchange Rate approach for each country. One of the main objectives is to examine whether undervaluation or overvaluation RER can imply different responses on economic performance trying to differentiate between short and long run effects. Additionally, the authors consider the World Bank (WB)’s income classifications to compare the asymmetries attending to high-income, upper-middle-income, lower-middle-income and low-income levels.
Findings
Applying the panel ARDL technique, the results suggest that the RER misalignments have a negative but not significant effect on the short-run, nevertheless a negative and highly significant impact on real economic growth rate is detected on the long-run. Considering the panel NARDL, the asymmetric relationship between RER misalignment and economic growth rate is supported considering all countries in the long-run (in the short-term is not significant). In the long run is detected that undervaluation can promote economic growth rate, rather than overvaluation which can harm the economic performance. Additionally, the WB and the International Monetary Fund (IMF) income’s classifications have been applied and the long-run symmetry test is strongly rejected regardless of income group.
Originality/value
To the best of the author knowledge, this is the first time the non-linear panel ARDL methodology has been applied for analyzing the impact of deviations from the long-run sustainable RER equilibrium on real economic growth. This allows us to see the asymmetric effect not seen before. The panel ARDL estimation can efficiently performed regardless of the integration level of the variables, additionally, it is consistent even in the presence of endogeneity. Besides, another advantage of this method is that it is possible to reflect not only the short but also the long-run dynamics. Moreover, this analysis offers a comparison between linear panel ARDL and non-linear to compare the advantages from the former. Additionally, this study covers the largest database, in particular, 104 countries during the 1995–2022 period implemented with the Couharde et al. (2017) EQCHANGE database. Finally, it is compared the asymmetries attending to different income classifications.
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Novica Supic, Kosta Josifidis and Sladjana Bodor
The aim of this paper is to shed more light on the foreign direct investment (FDI) - income inequality nexus in the post-communist EU countries. Special attention is paid to the…
Abstract
Purpose
The aim of this paper is to shed more light on the foreign direct investment (FDI) - income inequality nexus in the post-communist EU countries. Special attention is paid to the emergence of a new meritocratic elite related to foreign capital that tends to replace the old elite inherited from the transition period at the top end of the income distribution.
Design/methodology/approach
The macroeconomic model of the relationship between income inequality and FDI is estimated by using the generalized method of moments (GMM) technique. The sample includes 10 post-communist EU member states during the period 1993 to 2020.
Findings
The results suggest that the concentration of the highest level of human capital in foreign-owned enterprises, in the institutional environment under which foreign-owned enterprises are less numerous and pay a higher wage than domestic ones, contributes to the change of the effect of FDI and human capital on income distribution from an initial decrease to a later increase in income inequality.
Originality/value
This paper adds to the existing literature by exploring the distributive impacts of sectoral reallocation of FDI inflows from manufacturing to service sectors from the perspective of heterodox economics. It specifically examines how this shift has facilitated the emergence of a new meritocratic elite associated with foreign capital, which in turn diminishes the overall anti-inequality effect of FDI in the post-communist new EU countries.
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Naihao Li, Zijie Li, Banruo Zhang and Yan Wang
Information transparency is an important factor in enhancing trust and promoting interfirm cooperation. By combining transaction cost theory and institutional theory, this study…
Abstract
Purpose
Information transparency is an important factor in enhancing trust and promoting interfirm cooperation. By combining transaction cost theory and institutional theory, this study aims to examines whether host-country firms’ information transparency prompt multinational enterprises’ (MNEs) to choose the joint venture entry mode for outward foreign direct investment (OFDI).
Design/methodology/approach
Using Heckman two-stage estimation method, this study examines Chinese listed manufacturing firms for the period 2014–2019.
Findings
The findings indicate that the higher the information transparency of host-country firms, the higher the possibility of MNEs choosing the joint venture entry mode for OFDI. This study further finds that the positive relationship between host country firms’ information transparency and the possibility of choosing the joint venture entry mode is enhanced by institutional distance, but weakened by MNEs’ host-country experience.
Originality/value
How to choose the appropriate entry mode of OFDI in the internationalization strategy is an important issue for MNEs to consider. As the postpandemic world is characterized by increased global risks, decoupling of economies, disruption of global value chains and the retreat of globalization (Contractor and Cantwell, 2022), how to further strengthen cooperation, reduce the cost and risk of MNEs and truly realize common construction and sharing is one of the hot issues in both practice and research.
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