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1 – 10 of over 3000The role institutional quality plays in the rising pace of globalization and its associated health effects remain unclear in the literature. This study, therefore, empirically…
Abstract
Purpose
The role institutional quality plays in the rising pace of globalization and its associated health effects remain unclear in the literature. This study, therefore, empirically examined the moderating role of institutional quality on the globalization-health outcomes nexus in Nigeria, a country with a relatively weak health system.
Design/methodology/approach
The study employed Dynamic Ordinary Least Square (DOLS) to estimate the empirical models. The Fully Modified Ordinary Least Square (FMOLS) and Canonical Cointegration Regression (CCR) techniques were thereafter used to check the consistency and robustness of our results. Annual time-series data spanning from 1984 to 2020 were sourced from the World Development Indicator, KOF Globalization Index, International Countries Risk Guide (ICRG) and Central Bank of Nigeria Statistical Bulletin databases.
Findings
The results revealed that overall globalization and its three dimensional components (economic, political and social globalization) adversely affect life expectancy in their separate models, but increased life expectancy significantly after their interaction with government effectiveness. Also, real GDP, health aids, government recurrent health expenditure are other determinants of life expectancy in Nigeria.
Practical implications
The Nigerian government should put in place appropriate mechanisms directed toward building and sustaining government effectiveness. This will help mitigate the negative effects of globalization and utilize its net positive benefits to improve life expectancy in Nigeria.
Originality/value
The research is the first to comprehensively examine the moderating impact of institutional quality on the nexus between overall globalization as well as its three dimensional components (economic, political and social) on health outcomes in Nigeria.
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Hermann Ndoya and Simplice A. Asongu
This study aims to analyse the impact of digital divide (DD) on income inequality in sub-Saharan Africa over the period 2004–2016.
Abstract
Purpose
This study aims to analyse the impact of digital divide (DD) on income inequality in sub-Saharan Africa over the period 2004–2016.
Design/methodology/approach
In applying a finite mixture model (FMM) to a sample of 35 sub-Saharan African (SSA) countries, this study posits that DD affects income inequality differently.
Findings
The findings show that the effect of DD on income inequality varies across two distinct groups of countries, which differ according to their level of globalization. In addition, the study shows that most globalized countries are more inclined to be in the group where the effect of DD on income inequality is negative. The results are consistent with several robustness checks, including alternative measures of income inequality and additional control variables.
Originality/value
This study complements that extant literature by assessing linkages among the DD, globalization and income inequality in sub-Saharan African countries contingent on cross-country heterogeneity.
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Folorunsho M. Ajide and James T. Dada
The study's objective is to examine the relevance of globalization in affecting the size of the shadow economy in selected African nations.
Abstract
Purpose
The study's objective is to examine the relevance of globalization in affecting the size of the shadow economy in selected African nations.
Design/methodology/approach
To do this, the authors employ the KOF globalization index and implement both static and dynamic common correlated mean group estimators on a panel of 24 African nations from 1995–2017. This technique accommodates the issue of cross-sectional dependence, sample bias and endogenous regressors. Panel threshold analysis is also conducted to establish the nonlinearity between globalization and the shadow economy. To examine the causality between the variables, the study employs Dumitrescu and Hurlin's panel causality test.
Findings
The results show that globalization reduces the size of the shadow economy. The results of the nonlinear analysis suggest a U-shaped relationship. Overall globalization has a threshold impact of 48.837%, economic globalization has 45.615% and political globalization has 66.661% while social globalization has a threshold value of 35.744%. The results of the panel causality show that there is a bidirectional causality between the two variables.
Practical implications
The results suggest that the government and other relevant authorities need to introduce capital controls and other policy measures to moderate the degree of social, political and cultural diffusion. Appropriate policies should be formulated to monitor the extent of African economic openness to other continents to maximize the gains from globalization.
Originality/value
Apart from being the first study in the African region that evaluates the relevance of globalization in controlling the shadow economy, it also analyzes the dynamics and threshold analysis between the two variables using advanced panel econometrics which makes the study unique. The study suggests that globalization tools are useful for affecting the size of the shadow economy in Africa. This study provides fresh empirical evidence on the impact of globalization on the shadow economy in the case of Africa.
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Karikari Amoa-Gyarteng and Shepherd Dhliwayo
This study clarifies the intricate nature of globalization's impact on unemployment rates in South Africa. Given the heterogeneous views on globalization's effect on economic…
Abstract
Purpose
This study clarifies the intricate nature of globalization's impact on unemployment rates in South Africa. Given the heterogeneous views on globalization's effect on economic development, this study aims to offer a nuanced perspective. Furthermore, it aims to explore the mediating role of entrepreneurial development in shaping the complex relationship between globalization and unemployment.
Design/methodology/approach
The study employs four key indicators to measure entrepreneurial development, globalization and unemployment rates in South Africa. Hierarchical regression is used to evaluate the relationship between globalization and unemployment rates, and how entrepreneurial development mediates this relationship. Additionally, both the Sobel test and bootstrapping analyses were employed to verify and validate the mediating relationship.
Findings
The study demonstrates that globalization constitutes a crucial determinant of (un)employment rates in South Africa. The study shows that entrepreneurial development, specifically in the context of established business ownership, but not total early-stage entrepreneurial activity, exhibits an inverse relationship with unemployment rates. Moreover, it was observed that the positive impact of globalization on entrepreneurial development in South Africa becomes evident as SMEs advance to the established stage.
Research limitations/implications
The study's concentration on South Africa constrains the applicability of the results to other nations.
Practical implications
Based on the findings of this study, it is essential for emerging economies, such as South Africa, to take measures to foster a robust entrepreneurial ecosystem that can aid in the growth and international competitiveness of young SMEs.
Originality/value
To the best of the authors' knowledge, this study represents the first endeavor to analyze the potential impact of entrepreneurial development, as measured by both nascent and mature SMEs, on the correlation between globalization and unemployment.
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Hazwan Haini and Wei Loon Pang
This study examines whether the gains from export sophistication is conditional on the level of globalisation. Previous studies have shown that the impact of export sophistication…
Abstract
Purpose
This study examines whether the gains from export sophistication is conditional on the level of globalisation. Previous studies have shown that the impact of export sophistication on growth varies depending on the level of a country's economic development. The authors argue that globalisation plays an important role in influencing the gains from export sophistication, mainly through the competition and scale effects. The competition effect disincentivises domestic firms to engage in export markets, while the scale effect incentivises knowledge accumulation and innovation.
Design/methodology/approach
The authors employ data from 163 economies from 1995 to 2018. The authors re-estimate values for export sophistication using ordinary goods from 1995 to 2018 and estimate a growth model using the generalised method of moments (GMM) to control for endogeneity and simultaneity issues.
Findings
The results show that the gains from export sophistication and globalisation is greater for economies with higher levels of economic development compared to economies with low levels of economic development. Moreover, the authors find that the gains from export sophistication are conditional on the level of globalisation. The authors’ results show that the marginal impact of export sophistication diminishes as developing economies become more globalised, while advanced economies gain more from export sophistication when globalisation precedes at a higher level.
Originality/value
Previous studies have generally examined the conditional growth effects of export sophistication on trade, economic development and other structural factors. To the best of the authors’ knowledge, this is the first study to examine the impact of globalisation, and the authors exploit the multidimensional concept of globalisation to test the hypothesis.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-01-2023-0001.
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Hacer Simay Karaalp-Orhan, Nurgül Evcim and Fatih Deyneli
The aim of this study is to analyze which socioeconomic factors (economic, demographic, and political) most commonly affect the social expenditure of the European Union (EU) and…
Abstract
Purpose
The aim of this study is to analyze which socioeconomic factors (economic, demographic, and political) most commonly affect the social expenditure of the European Union (EU) and Organization for Economic Co-operation and Development (OECD) countries.
Design/methodology/approach
A panel data fixed-effects model is employed for 34 OECD and 23 EU countries between 2000 and 2020.
Findings
Results indicate that, in all country groups, economic factors have the most significant influence on social expenditures, with income being the primary determinant, particularly in EU countries. The negative impacts of unemployment and inflation underscore the importance of counter-cyclical measures adopted by countries to maintain stability in their social expenditures. The most influential demographic factor is found as the old-age-dependency ratio. While the rule of law affects social expenditure positively, government effectiveness and female labor force participation affect it negatively. The positive effect of Konjunkturforschungsstelle (KOF) indexes shows the globalization effect, which can be attributable to the compensation hypothesis.
Practical implications
Governments enforce inclusive and sustainable policies to boost economic activities and GDP, thus combating inflation and unemployment and regulating the labor market and socioeconomic problems about aging populations and women’s economic participation to control social expenditures. The rule of law and institutional quality will also boost economic growth.
Originality/value
This study focuses on the effects of social expenditures in a broader view within the framework of the three main factors (economic, demographic, political) and attempts to determine the key factors that account for the differences in social expenditure between the OECD and EU countries.
Peer review
The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-05-2023-0384
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Planetary sociology starts out from the supposition that sociology as a discipline emerged in the context and out of an interest in the fate of modern “national” societies. Yet…
Abstract
Planetary sociology starts out from the supposition that sociology as a discipline emerged in the context and out of an interest in the fate of modern “national” societies. Yet, as a discipline, it emerged with tools designed to identify, track, and analyze processes and forms of organization which today are playing out and observable at the planetary level. For sociology to be in the position to make important contributions to the challenges modern societies are facing in the twenty-first century, it must apply the tools it developed over the course of more than a century, to processes and phenomena that are transforming and applying to planetary civilization and Earth's ecosystem. The necessary starting point is the critical investigation of the interconnected structuring principles that have been shaping both societies and individual identities, and how they reinforce patterns which thwart both sociology's ability to make increasingly necessary contributions, and modern societies' ability to embrace qualitative rather than quantitative forms of progress. A reinvigorated enlightenment will be necessary to increase the probability that sociology will be well-positioned to provide decision-makers and actors with the insights, tools, and knowledge needed to confront impending challenges and crises constructively.
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This chapter explores how identity formation in Appalachia is impacted by globalized processes. Residents of the region are often understood as inhabiting space belated which…
Abstract
This chapter explores how identity formation in Appalachia is impacted by globalized processes. Residents of the region are often understood as inhabiting space belated which ignores the ways that global processes of extraction, exploitation, colonialism, and national politics come to impact the region and its inhabitants. Rooted in narratives of time, death, and belonging, personal identity formation in Appalachia is as rich and complex, while often unseen, as the region is itself. By understanding the way selective hegemonies and colonial narratives have impacted the region, we can begin to explore how these same concepts have begun to impact personal development.
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Minh Ngoc Le and Hoang Long Chu
The authors investigate the impact of standards compliance on the participation in the global value chain and labour value-added of Vietnam’s small and medium-sized enterprises…
Abstract
Purpose
The authors investigate the impact of standards compliance on the participation in the global value chain and labour value-added of Vietnam’s small and medium-sized enterprises (SMEs).
Design/methodology/approach
The authors use a three-period panel dataset of SMEs combined with Vietnam’s Provincial Competitiveness Index. The authors also use multiple econometric models; and with each model, the authors include all independent variables that are available from the study's data and that are suggested by the literature.
Findings
The authors find that standards compliance by Vietnam’s SMEs improved their participation in the global value chain via subcontracts with FDI multinational firms. The authors also find that standards compliance improved the value-added of labour in Vietnam’s SMEs, which is robust to the choice of econometric models.
Practical implications
The study's results suggest that better outcomes for firms and society will be possible if standards are recognised and respected.
Originality/value
This paper complements scant literature on the impact of standards compliance on global value chain participation via subcontracting work and labour value-added, especially in developing countries.
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Frances A. Stott and David M. Stott
The chapter explores the possibilities related to using ChapGPT in tax education. Specifically, we address how tax has historically been taught in higher education and how the use…
Abstract
The chapter explores the possibilities related to using ChapGPT in tax education. Specifically, we address how tax has historically been taught in higher education and how the use of new and developing artificial intelligence (AI) tools such as ChatGPT can enhance this process going forward. The key takeaway is that AI tools are just that – tools. While tools can be effective in the problem-solving process, they are not a substitute for natural intelligence. Some basic level of subject matter knowledge is necessary to formulate the appropriate question or prompt at the beginning of the process. Additionally, a certain level of subject matter knowledge is needed to ensure that the response ultimately generated by the technology is logical, makes sense, and most importantly, provides the information necessary to appropriately address the problem at hand.
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