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Economies, Volume 12, Issue 1

2024 January - 25 articles

Cover Story: The euro was launched on 1 January 1999 as a common currency for members of the European Union under the Maastricht Treaty. The Maastricht Treaty calls for the coordination of major macroeconomic policies. This paper empirically tests the impact of the euro on the degree of market integration by looking at the co-movement of the European equity markets and a sample of OECD equity markets. The results show that cross-country divergences in stock markets continued after the introduction of the euro. There is no evidence of co-integration after the adoption of the euro. Cross-country portfolio diversification continues to be beneficial even among euro countries. View this paper
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Articles (25)

  • Article
  • Open Access
3 Citations
5,105 Views
15 Pages

How Far Are NEET Youth Falling Behind in Their Non-Cognitive Skills? An Econometric Analysis of Disparities

  • Garen Avanesian,
  • Marina Borovskaya,
  • Marina Masych,
  • Ludmila Dikaya,
  • Victoria Ryzhova and
  • Valeria Egorova

19 January 2024

Youth not in education, employment, or training (NEET) refers to the most vulnerable group in the transition from school to work. While much research focuses on institutional factors behind the NEET incidence, the current study approaches the problem...

  • Article
  • Open Access
7 Citations
7,269 Views
21 Pages

Agricultural Produce Supply Chain Network of Capsicum: Empirical Evidence from India

  • Pankaj Thakur,
  • Piyush Mehta,
  • Priyanka Lal,
  • Rashmi Chaudhary,
  • Saswat Kumar Pani,
  • Akash Gaurav Singh,
  • Chhaya Devi,
  • Kamlesh Verma and
  • Prashant Sharma

18 January 2024

Vegetables are important for both nutritional and economic stability and contribute significantly to the agricultural landscape of India. The demand for vegetables is rising, driven by population growth and increased awareness of their benefits. This...

  • Article
  • Open Access
17 Citations
64,511 Views
16 Pages

Globalization and Income Inequality in Developing Economies: A Comprehensive Analysis

  • Mosab I. Tabash,
  • Yasmeen Elsantil,
  • Abdullah Hamadi and
  • Krzysztof Drachal

18 January 2024

Around the world, people are becoming more and more worried about how globalization will affect their standard of living. According to the literature, globalization has resulted in the marginalization of the impoverished populations in developing eco...

  • Article
  • Open Access
7 Citations
3,803 Views
17 Pages

The Impact of Interest Rate Spillover on Output Gap: A Dynamic Spatial Durbin Model

  • Josephine Wuri,
  • Yuliana Rini Hardanti,
  • Laurentius Bambang Harnoto,
  • Caecilia Wahyu Estining Rahayu and
  • Christina Heti Tri Rahmawati

17 January 2024

The recent multidimensional crisis has harmed the global economy because countries are currently integrated. In this study, we examine the spillover effect of the United States (US) interest rate on the output gap of ASEAN+3 countries using the dynam...

  • Article
  • Open Access
5 Citations
5,918 Views
25 Pages

On the Asymmetric Relation between Inflation and Growth in Mexico: A NARDL Approach

  • José Carlos Trejo-García,
  • Ramón Valencia-Romero,
  • María De Lourdes Soto-Rosales and
  • Francisco Venegas-Martínez

17 January 2024

The effects of various geopolitical tensions, conflicts between countries and the global post-pandemic COVID-19 have caused an acceleration in the price level in many countries around the world. This research focuses on Mexico since its monetary poli...

  • Article
  • Open Access
3,671 Views
22 Pages

15 January 2024

This paper investigates the intergovernmental transfer systems in South Africa, more specifically, the underlying determinants and formula of the unconditional grants of the education component of the Provincial Equitable Share (PES). The PES formula...

  • Article
  • Open Access
3 Citations
4,855 Views
21 Pages

When and for Whom Does Growth Becomes Jobless?

  • Mindaugas Butkus,
  • Laura Dargenytė-Kacilevičienė,
  • Kristina Matuzevičiūtė,
  • Dovilė Ruplienė and
  • Janina Šeputienė

15 January 2024

The results of previous research suggest that the elasticity of employment with respect to output is not constant within each phase of the business cycle and might depend on the maturity of that phase. Nevertheless, empirical evidence is almost non-e...

  • Article
  • Open Access
5 Citations
3,852 Views
20 Pages

15 January 2024

This paper augments the sparse literature on the inflationary impact of foreign debt in Brazil while addressing methodological caveats in previous studies. We depart from the linearity assumption and employ two nonlinear techniques: the nonlinear aut...

  • Review
  • Open Access
3 Citations
4,930 Views
26 Pages

12 January 2024

The objective of the paper is to analyse and compare the consequences of the coronacrisis on the entrepreneurship of small and medium-sized enterprises (SMEs) in Slovakia and the Czech Republic with the aim of identifying the determinants of changes...

  • Article
  • Open Access
18 Citations
4,478 Views
19 Pages

Predicting the Productivity of Municipality Workers: A Comparison of Six Machine Learning Algorithms

  • Priya Bijalwan,
  • Ashulekha Gupta,
  • Anubhav Mendiratta,
  • Amar Johri and
  • Mohammad Asif

12 January 2024

One of the most significant areas of local government in the world is the municipality sector. It provides various services to the residents and businesses in their areas, such as water supply, sewage disposal, healthcare, education, housing, and tra...

  • Article
  • Open Access
1 Citations
3,464 Views
13 Pages

Over the last two decades, the regulators of the financial services sector in Saudi Arabia have aimed to develop a level of fair competition in the provision of banking services across the country. This paper utilizes non-structural approaches, the H...

  • Article
  • Open Access
1 Citations
3,415 Views
22 Pages

Economic Shocks and Perceptions of Efficiency Changes: The Cases of Lithuania and Latvia

  • Rasa Subačienė,
  • Ramunė Budrionytė,
  • Jolanta Žemgulienė,
  • Ivita Faituša and
  • Kristina Rudžionienė

In recent years, economic uncertainty has been heightened, including as a result of the economic shocks generated by the COVID-19 pandemic, the Russia–Ukraine War, and the unstable international political situation. These had a global impact on...

  • Communication
  • Open Access
1 Citations
2,764 Views
9 Pages

This paper primarily studies how wages predict long-term absenteeism in enterprises. In addition, it studies who disappears from the workforce when downsizing. Analyzing Norwegian enterprise data using dynamic unconditional quasi-maximum likelihood f...

  • Article
  • Open Access
2 Citations
4,300 Views
14 Pages

31 December 2023

This paper explores the impact of COVID-19-induced disruptions on supply chains, specifically focusing on the interconnectedness of supply chains and the transmission effects they cause. The gravity model framework, together with difference-in-differ...

  • Article
  • Open Access
5 Citations
5,131 Views
20 Pages

Predicting Food Consumption to Reduce the Risk of Food Insecurity in Kazakhstan

  • Aigerim Duisenbekova,
  • Monika Kulisz,
  • Alina Danilowska,
  • Arkadiusz Gola and
  • Madina Ryspekova

29 December 2023

In modern times, the risk of food insecurity is a concern for policymakers at the global and national levels, as the issue of hunger and malnutrition still exists. Food security is vulnerable to any crises. The main goal of this paper is to create a...

  • Article
  • Open Access
1 Citations
5,207 Views
17 Pages

27 December 2023

The European Union aims for territorial cohesion, with human capital as a key factor. Assessing how investment in regional human capital enhances this cohesion is therefore essential. This study assesses the impact of the EU Structural Funds (ESFs) i...

  • Article
  • Open Access
8 Citations
15,169 Views
15 Pages

27 December 2023

Household consumption expenditure is an important measure of economic activity as it reflects the spending behavior of households and their purchasing power. The measurement of household consumption expenditure is critical for analyzing economic grow...

  • Article
  • Open Access
3,391 Views
21 Pages

27 December 2023

The euro was launched, on 1 January 1999, as a common currency for members of the European Union that complied with the Maastricht Treaty. The Maastricht Treaty calls for the coordination of major macroeconomic policies, such as inflation, budget bal...

  • Article
  • Open Access
6 Citations
7,630 Views
17 Pages

26 December 2023

Developing nations have the task of effectively managing their external debt. The government is urged to comprehend the decisive component in managing its external debt, despite the varying viewpoints among economists. In addition, the world sees the...

  • Article
  • Open Access
3,236 Views
16 Pages

Educational Mismatch and Gender: A Comparison between Industry and Services in Spain

  • Elena Lasso-Dela-Vega,
  • José Luis Sánchez-Ollero and
  • Alejandro García-Pozo

25 December 2023

This study analysed the presence and influence of educational mismatch in the service and industry sectors in Spain, due to the lack of studies of this phenomenon in the latter sector. We also analyse its effect on wages and its role in creating a ge...

  • Article
  • Open Access
2 Citations
4,853 Views
13 Pages

25 December 2023

This paper analyzes the effects of the revolving door, concentrating not only on the dynamics between regulators and firms but also on whether regulating the revolving door is optimal from the point of view of society. The study explores the trade-of...

  • Article
  • Open Access
2 Citations
4,539 Views
20 Pages

The Effects of Oil Price Volatility on South African Stock Market Returns

  • Kongolo Musampa,
  • Joel Hinaunye Eita and
  • Christelle Meniago

22 December 2023

The aim of this study is to assess the response of the South African stock market returns to oil price volatility, based on the daily South African stock market index, using the GARCH-Copula modelling technique. The results of the analysis show evide...

  • Article
  • Open Access
5 Citations
3,621 Views
25 Pages

Prioritizing Public Policy Implementation for Rural Development in a Developing Country via Multicriteria Classification

  • Diego León Peña-Orozco,
  • María Eugenia Londoño-Escobar,
  • Andrés Mauricio Paredes Rodríguez,
  • Jesús Gonzalez-Feliu and
  • Gonzalo Navarrete Meneses

22 December 2023

Despite the growing global interest in promoting rural development as a strategy to guarantee food security, in developing countries there are large gaps to achieve a sustainable countryside, mainly in rural areas. This research work delves into a me...

  • Article
  • Open Access
2,426 Views
14 Pages

21 December 2023

(1) Background: Labor market outcomes can be directly or indirectly influenced by the health behavior patterns of the labor force. This study assesses the association between patterns of physical activity and smoking behavior maintenance (and their t...

  • Article
  • Open Access
12 Citations
10,300 Views
19 Pages

19 December 2023

Economic growth is deemed to be a conducive factor in attracting foreign direct investment (FDI) as it often confers location advantage to host countries and fosters business confidence. This paper examines the short-run and the long-run effects of e...

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Economies - ISSN 2227-7099