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Economies, Volume 9, Issue 1

2021 March - 41 articles

Cover Story: Previous studies have found that firms where women have greater influence are less likely to pay bribes than other firms. In this study, we ask how these firms avoid paying bribes. Using data from the World Bank’s Enterprise Surveys, we find that firms run by women avoid meeting and interacting with government officials when they can. Female-managed firms, for example, are less likely to apply for construction and import licenses, less likely to meet with tax officials, and less likely to bid for government contracts than male-managed firms. However, female-managed firms are no less likely to say that officials sought bribes when they met with them than male-managed firms. This suggests the main way that firms with women in positions of power avoid paying bribes is by avoiding situations where officials might seek them. View this paper
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Articles (41)

  • Article
  • Open Access
30 Citations
7,178 Views
25 Pages

Dissemination of Social Accounting Information: A Bibliometric Review

  • Margarida Rodrigues,
  • Maria do Céu Alves,
  • Cidália Oliveira,
  • Vera Vale,
  • José Vale and
  • Rui Silva

The discussion in recent decades about sustainable development issues has given rise to a new accounting dimension: social accounting. Currently, this issue remains an emerging theme. Although there are some studies and literature reviews, none inclu...

  • Article
  • Open Access
11 Citations
6,998 Views
22 Pages

This study mainly examines the relationship between generalized/horizontal/social trust and economic growth in countries in the Middle East and North Africa (MENA) region, considering the substantial decline in their trust values since 2005. The stud...

  • Article
  • Open Access
7 Citations
7,872 Views
19 Pages

Idiosyncrasies of Money: 21st Century Evolution of Money

  • Daniel Ogachi,
  • Paul Mugambi,
  • Lydia Bares and
  • Zoltan Zeman

This paper examines the question of what kind of money will govern the 21st century by examining the developments which characterise this landscape. On the basis of a review of the available literature and evidence, it is clear that certain technolog...

  • Article
  • Open Access
61 Citations
11,433 Views
13 Pages

Banks’ Performance and Economic Growth in India: A Panel Cointegration Analysis

  • Md. Shabbir Alam,
  • Mustafa Raza Rabbani,
  • Mohammad Rumzi Tausif and
  • Joji Abey

The banking sector plays a crucial role in the economic growth of a nation. The purpose of this study is to examine the long-term association between banks’ performance and the economic growth of a developing economy: India. The study used a panel of...

  • Article
  • Open Access
1 Citations
3,447 Views
22 Pages

The purpose of this paper is to determine the liquidity spillover effects of trades executed in European sovereign bond markets and to assess the driving factors behind the magnitude of the spill-overs between different markets. The one minute-freque...

  • Article
  • Open Access
4 Citations
6,763 Views
26 Pages

COVID-19 Pandemic and Lockdown Fine Optimality

  • Spyros Niavis,
  • Dimitris Kallioras,
  • George Vlontzos and
  • Marie-Noelle Duquenne

The first stream of economic studies on public policy responses during the COVID-19 pandemic focused on the stringency, the effectiveness, and the impact of the countries’ interventions and paid rather little attention to the corresponding means used...

  • Article
  • Open Access
2,965 Views
21 Pages

Regional Heterogeneity of Preferences and Intergovernmental Transfers

  • Raúl Alberto Ponce Rodríguez and
  • Benito Alan Ponce Rodríguez

We develop a model with optimal shares of intergovernmental transfers, and we apply a simulation analysis of our model for the case of Mexico. The main outcomes of this paper are as follows: First, we provide optimal shares of intergovernmental funds...

  • Article
  • Open Access
6 Citations
4,877 Views
9 Pages

Movement of Inflation and New Keynesian Phillips Curve in ASEAN

  • Adhitya Wardhono,
  • M. Abd. Nasir,
  • Ciplis Gema Qori’ah and
  • Yulia Indrawati

The development of the theory of dynamic inflation begins by linking wage inflation and unemployment. In further developments, factor of expectation is classified into inflation model. The study used inflation data is important for ASEAN, because ASE...

  • Article
  • Open Access
33 Citations
9,089 Views
15 Pages

Digitalization in leadership practice requires broader research. Today’s economic leaders must be in line with the global mindset in supporting a culture of innovation. The purpose of this study is to investigate the digital leadership capabilities o...

  • Article
  • Open Access
3 Citations
3,226 Views
10 Pages

Bayesian extreme value analysis was used to forecast the optimal point in agricultural commodity futures prices in the United States for cocoa, coffee, corn, soybeans and wheat. Data were collected daily between 2000 and 2020. The estimation of extre...

  • Review
  • Open Access
21 Citations
8,230 Views
18 Pages

The present research aims to identify the main peculiar economics of professional team sports, reflect on whether they apply to esports, and derive some implications. To achieve this aim, two sequential snowballing literature reviews were conducted....

  • Article
  • Open Access
35 Citations
6,363 Views
21 Pages

The certification of Malaga and Ronda wine route, within the model of certified wine routes in Spain, has given a new boost to wine tourism in Malaga. The study focuses on La Axarquía, located on the Eastern Costa del Sol in Southern Spain, which has...

  • Article
  • Open Access
6 Citations
6,196 Views
23 Pages

The international investment agreements (IIAs) are a strategic policy instrument that member countries could use to achieve win-win cooperation. Meanwhile, the extension of the Association of Southeast Asian Nations (ASEAN) membership toward the Regi...

  • Feature Paper
  • Article
  • Open Access
11 Citations
4,220 Views
16 Pages

A common conclusion in the literature is that both corruption and taxation hamper economic growth. It is also plausible that both affect total factor productivity, which, by the famous Solow residual, is a vital driver of economic progress. Moreover,...

  • Article
  • Open Access
48 Citations
21,685 Views
15 Pages

The Impact of Foreign Direct Investment on Income Inequality in Vietnam

  • Quoc Hoi Le,
  • Quynh Anh Do,
  • Hong Chuong Pham and
  • Thanh Duong Nguyen

Foreign direct investments (FDI) is an important determinant of economic growth. FDI does not only contribute to the growth and economic development but also affects income through contributing to economic development and the impact on employment and...

  • Article
  • Open Access
9 Citations
6,229 Views
17 Pages

The Policy Framework of Natural Resource Management in Oil-Dependence Countries

  • Basem Ertimi,
  • Tamat Sarmidi,
  • Norlin Khalid and
  • Mohd Helmi Ali

23 February 2021

A variety of critical empirical studies are interested in and focused on complex issues related to natural resource management and resource curse, whilst less can be found combining diverse factors that affect the dynamics of this curse and mitigate...

  • Article
  • Open Access
11 Citations
6,976 Views
19 Pages

Generation Y’s Perception of Servant Leadership and Job Satisfaction

  • Hurriyet Bilge,
  • Florina Oana Virlanuta,
  • Deniz Zungun,
  • Nicoleta Barbuta-Misu,
  • Pinar Comuk and
  • Emine Turkan Ayvaz Guven

20 February 2021

Generation Y wants to know the reason for everything in their lives, they are curious and most importantly, their characteristic of questioning everything makes them stand out. At the same time, it is hard to influence their characteristic features s...

  • Article
  • Open Access
6 Citations
7,500 Views
13 Pages

The Effect of Education and Macroeconomic Variables on Corruption Index in G20 Member Countries

  • Nugroho S. B. Maria,
  • Indah Susilowati,
  • Salman Fathoni and
  • Izza Mafruhah

16 February 2021

The purpose of this study was to analyze the effect of several macroeconomic variables consisting of gross domestic products (GDP) per capita, economic openness, government effectiveness index, inflation, and the level of education on the corruption...

  • Article
  • Open Access
39 Citations
4,228 Views
15 Pages

15 February 2021

This article considers the relationship between trade intensity, energy consumption, income per capita, and carbon dioxide emissions from 1970–2016 for the Portuguese economy. Considering the arguments of monopolistic competition, the article tests t...

  • Article
  • Open Access
1 Citations
5,132 Views
16 Pages

8 February 2021

This paper seeks to assess the effectiveness of customs policies in increasing the resources devoted to controlling and inspection. Specifically, it seeks to analyze whether an increase in the administrative cost of collecting taxes on foreign trade...

  • Article
  • Open Access
11 Citations
14,920 Views
16 Pages

Tolerance, Cultural Diversity and Economic Growth: Evidence from Dynamic Panel Data Analysis

  • Osama Alhendi,
  • József Tóth,
  • Péter Lengyel and
  • Péter Balogh

5 February 2021

This study aims to examine the impact of social tolerance of cultural diversity, and the ability to speak widely spoken languages, on economic performance. Based on the literature, the evidence is still controversial and unclear. Therefore, the study...

  • Article
  • Open Access
22 Citations
7,135 Views
25 Pages

4 February 2021

Since the beginning of the 21st century, the European Union tourism policy has been increasingly focused on initiatives in the field of social tourism, which are one of the ways of achieving sustainable development in the European tourism economy. Mo...

  • Article
  • Open Access
10 Citations
4,112 Views
19 Pages

4 February 2021

We analyse whether differences in earnings management practices in frontier countries can be explained by institutional settings, considering their diverse corporate governance environments, legal regimes, and accounting standards. Across 22 frontier...

  • Article
  • Open Access
23 Citations
8,945 Views
16 Pages

Corruption, Taxation and the Impact on the Shadow Economy

  • Daniel Němec,
  • Eva Kotlánová,
  • Igor Kotlán and
  • Zuzana Machová

4 February 2021

While assessing the economic impacts of corruption, the corruption-related transmission channels which influence taxation as such have to be duly considered. Taking the example of the Czech Republic, this article aims to evaluate the impacts corrupti...

  • Article
  • Open Access
5 Citations
4,249 Views
14 Pages

3 February 2021

The advantage of quantum mechanics to shift up the ability to econometrically understand extreme tail losses in financial data has become more desirable, especially in cases of Value at Risk (VaR) and Expected Shortfall (ES) predictions. Behind the n...

  • Article
  • Open Access
20 Citations
4,858 Views
12 Pages

3 February 2021

The present work analyzes the impact of foreign direct investment (FDI) and corruption on the quality of the environment in the MENA region. Indeed, the magnitude of corruption and the quality of institutions are often cited as the main factors affec...

  • Article
  • Open Access
11 Citations
7,094 Views
24 Pages

3 February 2021

In the last decade, leaders’ behaviour in performance management has been gaining increasing attention, arguing that it is beneficial in terms of improved employee attitudes, behaviour, and performance in the public sector. However, empirical support...

  • Article
  • Open Access
11 Citations
5,624 Views
25 Pages

2 February 2021

Standard trade theory suggests that the profile of exporting firms is characterized by large firms which dominate domestic productivity distribution. Large manufacturing multinationals have increased their productivity by participating, creating and...

  • Article
  • Open Access
14 Citations
4,200 Views
10 Pages

1 February 2021

Previous application of the stochastic frontier model and subsequent measurement of the performance of the crop sector can be criticized for the estimated production function relying on the assumption that the underlying technology is the same for di...

  • Article
  • Open Access
8 Citations
2,976 Views
12 Pages

1 February 2021

Based on β and σ convergence analysis, we find a high persistence of innovation gaps for international innovation indices reported by the European Commission. Our research confirms the diverging scientific potential across the analyzed economies. Est...

  • Article
  • Open Access
4 Citations
2,636 Views
15 Pages

Gender equality has been one of the goals of the European Union since 1957. Article 157 of the Treaty on the Functioning of the European Union authorizes the European Parliament and the Council to adopt all those measures that guarantee the applicati...

  • Article
  • Open Access
16 Citations
5,205 Views
16 Pages

The aim of this paper was to determine the economic impact of the transportation sector on the Croatian economy by using input–output analysis. According to the input–output tables for the Croatian economy for 2004, 2010, 2013, and 2015,...

  • Article
  • Open Access
42 Citations
9,112 Views
22 Pages

This paper is focused on the concise review of the specific applications of genetic algorithms in forecasting commodity prices. Genetic algorithms seem relevant in this field for many reasons. For instance, they lack the necessity to assume a certain...

  • Article
  • Open Access
14 Citations
5,961 Views
13 Pages

Brand and Firm Value: Evidence from Arab Emerging Markets

  • Musaab Mousa,
  • Judit Sági and
  • Zoltán Zéman

This study aims to estimate the impact of brand as the most important intangible marketing asset on firm value, measured by share return in some Arab emerging market, as well analyze the moderating role of agency costs in the relationship between sha...

  • Article
  • Open Access
19 Citations
6,348 Views
16 Pages

Conceptual and applied studies assessing the linkage between economic freedom and corruption expect that economic freedom boosts economic growth, improves income, and reduces levels of corruption. However, most of them have concentrated on developed...

  • Article
  • Open Access
39 Citations
9,213 Views
19 Pages

Albania has experienced a rapid transition from a centrally planned economy to a mixed economy since the fall of communism in 1989. Policy changes, trade liberalization, and privatization have come about at a rapid pace, allowing foreign direct inves...

  • Article
  • Open Access
8 Citations
3,706 Views
15 Pages

In this paper, we seek to establish ‘sequencing economics’ in an architectural theory on agglomerations that are comprised of various segments, such as infrastructure, institutions and human resources. The sequencing of such segments is b...

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Economies - ISSN 2227-7099