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Economies, Volume 11, Issue 7

July 2023 - 28 articles

Cover Story: Wage inequality implies that a few employees earn high salaries compared to many others earning low salaries. An argument for wage inequality is that high-earners, e.g., managers, align their interests with the owners, which induces the managers to increase revenues. High wages, moreover, attract competent employees in key positions. Research has nonetheless indicated weak or absent performance effects from offering high wages to few employees, and in our paper, we show that wage inequality decreases enterprise operating revenues. An argument for the negative association is that wage inequality implies that many employees earn low wages, which precludes value creation. View this paper
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Articles (28)

  • Article
  • Open Access
3 Citations
8,704 Views
15 Pages

The Impact of COVID-19 on the Volatility of Copper Futures

  • Oscar Melo-Vega-Angeles and
  • Bryan Chuquillanqui-Lichardo

The COVID-19 pandemic has introduced significant uncertainty across various economic sectors, most notably in the industrial sector due to the high volatility in copper futures markets. These markets play a crucial role in the construction, electrica...

  • Article
  • Open Access
2 Citations
4,391 Views
24 Pages

Linking Brazilian Regions to Value Chains: Is There a Potential for Regional Development?

  • Eduardo Rodrigues Sanguinet,
  • Miguel Atienza,
  • Carlos Roberto Azzoni and
  • Augusto Mussi Alvim

This paper examines the subnational dimension of regional value-added transfers in multiscalar value chains in Brazil by analyzing the local content embedded in trade. This study reveals distinct spatial-based connectivity patterns within subnational...

  • Article
  • Open Access
6 Citations
8,674 Views
22 Pages

The labor market can be a daunting place for young graduates; this paper aims to shed light on how they navigate it. By examining the ways in which they enter the workforce and the impact of individual and socioeconomic factors on their career paths,...

  • Article
  • Open Access
5 Citations
4,350 Views
17 Pages

Do Energy Prices Put the Tourism Sector at Risk?

  • Georgia Poutakidou and
  • Angeliki N. Menegaki

This paper studies the effect of a shock in the hospitality sector, namely the energy price increase, with stated preference methods and performs the subsequent analysis with a mixture of quantitative and qualitative tools. The hospitality sector is...

  • Article
  • Open Access
11 Citations
5,041 Views
18 Pages

Air Pollution and Health in Africa: The Burden Falls on Children

  • Courage Mlambo,
  • Phillip Ngonisa,
  • Bhekabantu Ntshangase,
  • Nomusa Ndlovu and
  • Bongekile Mvuyana

This study sought to examine the impact of air pollution on health in Africa. Air pollution is a major public health concern around the world. Exposure to air pollution has been linked to a slew of negative health consequences, ranging from subclinic...

  • Article
  • Open Access
5 Citations
4,270 Views
27 Pages

This paper investigates the macroeconomic determinants of global bilateral remittance flows. Unlike existing studies, which have been often hampered by the lack of comprehensive and large-enough datasets, we use data originally covering 214 countries...

  • Article
  • Open Access
49 Citations
6,151 Views
18 Pages

The Role of Greener Innovations in Promoting Financial Inclusion to Achieve Carbon Neutrality: An Integrative Review

  • Mohsen Brahmi,
  • Luca Esposito,
  • Anna Parziale,
  • Karambir Singh Dhayal,
  • Shruti Agrawal,
  • Arun Kumar Giri and
  • Nguyen Thi Loan

In recent times, the green transition, by promoting carbon neutrality, has become highly imperative to meet environmental challenges. The present literature review study seeks to explore the intersecting role of greener innovations in facilitating fi...

  • Article
  • Open Access
3 Citations
8,226 Views
22 Pages

In recent decades, the wage gap between higher- and lower-skilled workers has steadily widened around the world, and this gap is widening. There are several approaches in the literature to understand the causes of this steady increase, with Skill-Bia...

  • Article
  • Open Access
6 Citations
4,071 Views
16 Pages

Research has shown that innovativeness is a key factor in business performance. However, the link between innovativeness and organisational performance and the role of environmental dynamism are still being debated. This study thus sought to analyse...

  • Article
  • Open Access
3,334 Views
17 Pages

Our study uses 24 waves of the survey Establishments in the COVID-19 crisis (BeCOVID), a high-frequency dataset collected at monthly intervals by the Institute for Employment Research during the COVID-19 pandemic, to investigate the behaviour of esta...

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Economies - ISSN 2227-7099