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Economies, Volume 8, Issue 3

2020 September - 25 articles

Cover Story: The article presents the use of the ARDL model to identify military expenditure determinants of the Baltic States. Factors influencing military expenditure include the variables characterizing the economic and the security environment. Conclusions about the analysis of relationships between military expenditure and selected economics and security determinants were confirmed in the cases of government deficit/surplus, GDP per capita, and inflation. The results, therefore, indicate that the military expenditure of Estonia and Lithuania depended on the budget deficit where military expenditure tended to go down in relation to an increasing deficit within the assessed period. As far as Estonia is concerned, the findings about the relationship between the economic position and military expenditure were validated as an increasing economic performance tended to increase military expenditure. View this paper.
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Articles (25)

  • Article
  • Open Access
26 Citations
6,821 Views
30 Pages

Does Trade Openness Affect Bank Risk-Taking Behavior? Evidence from BRICS Countries

  • Mohammed Mizanur Rahman,
  • Munni Begum,
  • Badar Nadeem Ashraf and
  • Md. Abdul Kaium Masud

14 September 2020

In this paper, we examine the impact of trade openness on bank risk-taking behavior employing a panel dataset of 899 banks from the BRICS (i.e., Brazil, Russia, India, China, and South Africa) countries over the period 2000–2017. We find that h...

(This article belongs to the Special Issue International Trade and Its Intersection with Development, Labor, and Public Economics)
  • Commentary
  • Open Access
43 Citations
12,138 Views
20 Pages

Revisiting the Environmental Kuznets Curve: The Spatial Interaction between Economy and Territory

  • Enrico Maria Mosconi,
  • Andrea Colantoni,
  • Filippo Gambella,
  • Eva Cudlinová,
  • Luca Salvati and
  • Jesús Rodrigo-Comino

14 September 2020

A complex interplay of socio-ecological drivers of change exists at the different spatiotemporal scales affecting environmental degradation. This is a key issue worldwide and needs to be understood to develop efficient management solutions. One of th...

(This article belongs to the Special Issue Current Issues in Natural Resource and Environmental Economics)
  • Article
  • Open Access
2 Citations
3,681 Views
13 Pages

11 September 2020

The article examines in detail the main areas and methodological features of a comprehensive analysis of movement and use of fixed capital of machine building enterprises. The fixed capital of enterprises is particularly important in the process of e...

  • Article
  • Open Access
6 Citations
6,748 Views
15 Pages

7 September 2020

In the implementation of decentralization, the Special Allocation Fund (DAK) for health is given to certain areas of Indonesia to support health financing. The performance of this financing, along with national health development priorities’ ac...

  • Article
  • Open Access
19 Citations
13,891 Views
15 Pages

1 September 2020

This study sheds new light on the relationship between monetary policy and private investment using Vietnam’s provincial data and a system generalized method of moment (GMM) framework. To capture monetary policy’s effect, different indica...

(This article belongs to the Special Issue The Application of Time Series Analysis in Economic Growth)
  • Article
  • Open Access
3 Citations
4,783 Views
12 Pages

1 September 2020

This paper uses auction theory to explain the unique design of the 1998–2013 posting system agreed to between Major League Baseball and the Japanese Nippon Professional Baseball League that allowed for the transfer of baseball players from Japa...

(This article belongs to the Special Issue Advances in Sports Economics)
  • Article
  • Open Access
8 Citations
16,431 Views
20 Pages

Two of the most common measures adopted by the government to stimulate the economy are increasing government borrowings and implementing tax cuts. These tax cuts are financed through increased debt. According to the Ricardian equivalence theory, the...

(This article belongs to the Special Issue The Application of Time Series Analysis in Economic Growth)
  • Review
  • Open Access
15 Citations
14,339 Views
16 Pages

This paper provides an overview of a wide array of research investigating the effects of pension information on different individuals’ economic outcomes. While many studies show that information provision increases knowledge, the evidence is mi...

  • Article
  • Open Access
9 Citations
8,763 Views
18 Pages

Development of Military Spending Determinants in Baltic Countries—Empirical Analysis

  • Jakub Odehnal,
  • Jiří Neubauer,
  • Lukáš Dyčka and
  • Tereza Ambler

The article presents the use of the ARDL model to identify military expenditure determinants of the Baltic States (Lithuania, Latvia, and Estonia). Factors influencing military expenditure include the variables characterizing the economic environment...

  • Article
  • Open Access
17 Citations
3,584 Views
13 Pages

Perverse incentives are ubiquitous in different economic settings. In sports, they often take the form of temptation to deliberately lose matches (the phenomenon known as tanking or sandbagging). In practice, there were even such pathological situati...

(This article belongs to the Special Issue Advances in Sports Economics)
  • Article
  • Open Access
14 Citations
6,040 Views
18 Pages

China is a fascinating country in Asia, the second-largest economy in the world, with incredible economic growth and development in the last two decades. In addition, China has dramatically enjoyed a disciplined and successful financial integration w...

  • Article
  • Open Access
23 Citations
5,754 Views
24 Pages

Sectoral gender segregation in labor markets is a fact. This paper examines the female distribution of employment by sectors in the EU 28, thereby contributing to the literature on the effects of the recession and subsequent austerity measures on fem...

  • Article
  • Open Access
22 Citations
18,889 Views
18 Pages

Poverty Alleviation and Microfinance for the Economy of Pakistan: A Case Study of Khushhali Bank in Sargodha

  • Stylianou Tasos,
  • Muhammad Ijaz Amjad,
  • Masood Sarwar Awan and
  • Muhammad Waqas

Poverty is a universal reality, and no one can deny the omnipresence of it all over the world. It is considered as the most harmful economic and social problem of human beings since their creation. It affects individuals as well as society as a whole...

(This article belongs to the Special Issue The Theory Applications of Finance and Macroeconomics)
  • Article
  • Open Access
12 Citations
7,612 Views
21 Pages

The Impact of Russia’s Import Embargo on the EU Countries’ Exports

  • Viktorija Skvarciany,
  • Daiva Jurevičienė and
  • Silvija Vidžiūnaitė

Political unrest inevitably has consequences for a national economy. International trade in a globalised world has great importance for countries. Unfortunately, due to various political events, countries apply some restrictions to each other. In 201...

  • Article
  • Open Access
16 Citations
7,308 Views
24 Pages

Increasing agricultural production is essential to improving food availability and farm household incomes in developing economies. This study investigated the dynamic supply responses of major cereal crops to price and nonprice factors in Ethiopia us...

(This article belongs to the Special Issue Current Issues in Natural Resource and Environmental Economics)
  • Article
  • Open Access
34 Citations
13,610 Views
19 Pages

The motive behind this article is investigating alternative indicator measures for the effectiveness of public health expenditure on pandemic preparedness, to explain the reasons behind country variations in containing crises such as Coronavirus dise...

(This article belongs to the Special Issue The Economics of Health Outbreaks and Epidemics)
  • Article
  • Open Access
5 Citations
7,169 Views
15 Pages

The Vietnamese economy has increased at high speed over the transformation decades; however, most recent studies on the economic growth of this country used the Cobb-Douglas or CES (Constant Elasticity of Substitution) production functions, which are...

(This article belongs to the Special Issue The Application of Time Series Analysis in Economic Growth)
  • Feature Paper
  • Article
  • Open Access
11 Citations
7,459 Views
19 Pages

This study examines the determinants of internal migration of working-age population among provinces in Spain in the aftermath of the economic crisis. It pays special attention to two features of migration that have not been sufficiently studied so f...

  • Article
  • Open Access
6 Citations
6,384 Views
25 Pages

One of the remaining challenges in explaining differences in total factor productivity is heterogeneity between sectors and within a specific sector in terms of labor and capital. This paper employs the generalized method of moments (GMM) to identify...

(This article belongs to the Special Issue The Application of Time Series Analysis in Economic Growth)
  • Article
  • Open Access
6 Citations
9,614 Views
19 Pages

Trade-Offs in Competitive Transport Operations

  • Usman Akbar,
  • Akash Kumar,
  • Hameed Khan,
  • Muhammad Asif Khan,
  • Khansa Parvaiz and
  • Judit Oláh

One of the goals of developing a transport corridor is to promote socio-economic development by improving connectivity and sustainable transport operations, which largely depends on the operational strategy. Trade-off policies can be important tools...

(This article belongs to the Special Issue Asset Pricing, Investment, and Trading Strategies)
  • Article
  • Open Access
45 Citations
34,205 Views
15 Pages

Trade Balance Effects on Economic Growth: Evidence from European Union Countries

  • Deimante Blavasciunaite,
  • Lina Garsviene and
  • Kristina Matuzeviciute

A growing number of recent research analyse the trade balance impact on economic growth. However, ambiguous results of studies imply the need for the research as the deteriorating trade balance hinders economic growth. This research aims to investiga...

(This article belongs to the Special Issue The Theory Applications of Finance and Macroeconomics)
  • Feature Paper
  • Article
  • Open Access
18 Citations
9,304 Views
24 Pages

Although the EU structural funds aim to alleviate disparities through supporting regional development, their impact on local economies and societies is considered as uneven. As existing studies explore the absorption rate of the EU share of contribut...

  • Article
  • Open Access
51 Citations
26,970 Views
20 Pages

While there is a consensus on the expanding importance of the China–Africa economic relationship, there is much more debate on how to portray the relationship. Thus, this study is aimed to examine the impacts of the China–Africa trade and...

  • Article
  • Open Access
25 Citations
7,155 Views
20 Pages

The Regional Unit of Kastoria is a rural area in Northwestern Greece, located on the borderline with Albania. Kastoria city, the capital and the largest city of the Kastoria Regional Unit, is known for the production of high-quality fur products. The...

  • Article
  • Open Access
6 Citations
6,343 Views
14 Pages

Herbal-Based Cosmeceuticals and Economic Sustainability among Women in South African Rural Communities

  • Peter Tshepiso Ndhlovu,
  • Abiodun Olusola Omotayo,
  • Adeyemi Oladapo Aremu and
  • Wilfred Otang-Mbeng

Access to natural resources in the immediate environment is an essential factor that contributes to livelihood in many rural areas. In the current study, we explored the economic potential(s) of the natural herbal-based cosmetic and cosmeceutical ent...

(This article belongs to the Special Issue Current Issues in Natural Resource and Environmental Economics)
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Economies - ISSN 2227-7099