Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 308
Book Description
Special Issue: Recent Developments in Applied Economics and Finance
Author: Contemporary Issues in Business and Economics
Author: Chia-Lin ChangPublisher: MDPI
ISBN: 3039360949
Category : Business & Economics
Languages : en
Pages : 246
Book Description
This book is a collection of high-impact papers accepted and presented at the 2019 Vietnam’s Business and Economics Research Conference (VBER2019) organised by Ho Chi Minh City Open University held on 18th–20th July 2019. The Special Issue is associated with a broad coverage of the contemporary issues in Business and Economics in Vietnam and other emerging markets reflecting a key theme of VBER2019: Vietnam’s Place in the Asia Pacific Region. A total of 14 papers were published from more than the 120 submissions to the VBER2019 Conference. Published papers had been undergone a rigorous reviewing process conducted by the Journal of Risk and Financial Management. The papers incorporated in this book address contemporary issues in business and economics from Vietnam and other emerging markets in the Asian region from various angles such as economics, finance, and statistics to management science. At the time of writing this note, some of the papers have attracted more than 1000 downloads in 3 months. In particular, a paper on “Foreign Direct Investment and Economic Growth from Developing Countries in the Short Run and Long Run” by Trang Thi-Huyen Dinh and her team has attracted almost 6000 downloads in 3 months. These statistics indicate that the papers published in this Special Issue have attracted the wide interest of readers. Among these 14 published papers, three main areas of important contemporary issues in Business and Economics in the Asian region can be identified. First, a block of papers deals with various important and fundamental issues in the emerging markets the Asian region, from exchange rate regime, financial inclusion, and financial development to energy consumption and environmental degradation. On the issue of CO2 emissions, energy consumption and economic growth in the ASEAN, Vo, Vo, and Le utilized various time series econometrics approaches. Key findings from this paper indicate that there are no long-run relationships among carbon dioxide (CO2) emissions, energy consumption, renewable energy, population growth, and economic growth in the Philippines and Thailand, but a relationship does exist in Indonesia, Myanmar, and Malaysia. Loo, in his paper on financial inclusion for the ASEAN, concluded that advancing internet capability and availability present investors an opportunity to offer financial technology or Fintech to meet the need for financial services in this digital era. Second, a challenge in quantitative studies for a single country, such as Vietnam, with limited data is generally noted. However, various empirical studies on Vietnam’s business and economics issues have been conducted. Nguyen, Quan, and Pham examined the cultural distance and entry mode of foreign direct investment in Vietnam. A key finding from their paper is that when there is a great cultural difference between Vietnam and their home country, foreign-invested firms prefer wholly owned subsidiaries over equity joint ventures. Within the Vietnamese market, Pham, Vo, Ho, and McAleer conducted a study on the issue of corporate financial distress. The authors conclude that the corporate financial distress prediction model, which includes accounting factors with macroeconomic indicators, performs much better than alternative models. In addition, the evidence confirms that the global financial crisis (GFC) had a damaging impact on each sector, with the Health & Education sector demonstrating the most impressive recovery post-GFC, and the utilities sector recording a dramatic increase in bankruptcies post-GFC. At another extreme of the spectrum, Van and Nguyen considered that competitive context, social influences, the understanding of managers about corporate social responsibility (CSR), and the internal environment of companies are the four drivers of CSR. The authors also argued that in the four drivers, competitive context has the strongest impact on adopting CSR. Third, last but not least, various papers focus on an important aspect of public finance. For an example, Pham, Pham, and Ly documented the effect of double taxation treaties on the bilateral trade of Vietnam with ASEAN member states, thereby making an extensive comparison with its EU partner countries. Their findings indicate the significant contributions of the tax treaties to Vietnam’s trade performance, not exclusively with ASEAN but also with EU partner countries. In addition, regarding public finance for Vietnam, Nguyen, Vo, Ho, and Vo investigated the contribution of fiscal decentralisation to economic growth across provinces in Vietnam. For the first time in Vietnam, the fiscal decentralisation index together its two subcomponents, including fiscal importance and fiscal autonomy, are developed. Findings from this paper indicate that while fiscal importance and an overall level of fiscal decentralisation have provided negative impact on provincial economic growth, fiscal autonomy has a positive impact on economic growth across provinces in Vietnam.
Advances in Finance & Applied Economics
Author: N.R. BhanumurthyPublisher: Springer
ISBN: 9811316961
Category : Business & Economics
Languages : en
Pages : 307
Book Description
Discussing a wide range of topics of contemporary relevance from the domain of finance and economics, this book presents a collection of twenty-four research papers, which were selected on the basis of their topicality, the novelty of their methods, and the importance of their subject matter. All papers pursue an empirical approach to address key research issues, and are categorized into three major parts. Part one includes papers related to development economics and environmental economics. The second part focuses on monetary economics, public economics, and behavioral economics, while the third tackles issues concerning corporate finance and financial risk management. Bringing together works of scholars from around the world, the book presents a truly global perspective, and not only serves as an essential guide on the topic for researchers, but also has a distinctive role to play in policymaking.
Contemporary Issues in Applied Economics
Author: Graham BirdPublisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Attempts to show how even the most basic elementary economic analysis can shed new light on some of the principle economic problems which face the world today. The non-technical nature of its approach means that the book may be of interest to non-specialists as well as economics students.
Special Issue: Finance and Development
Author: Philip ArestisUrban food prices under lockdown: Evidence from Myanmar’s traditional food retail sector during COVID-19
Author: Goeb, JosephPublisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 23
Book Description
Many governments imposed stringent lockdowns during the COVID-19 pandemic as a public health measure to suppress the spread of the disease. With consumer incomes already depressed, the potential impacts of these measures on urban food prices are of particular concern. This working paper examines the changes in Myanmar’s urban food prices during lockdown using detailed food price data collected from a panel of phone surveys conducted in August and September 2020 of 431 family-owned retail shops in Myanmar’s two largest cities, Yangon and Mandalay. We find that the supply side of Myanmar’s food retail sector was largely resilient to the shocks and lockdowns throughout the first six months of the COVID-19 pandemic. Estimates from a fixed effects differencein-differences model reveal that food prices were 3 percent higher in townships under lockdown compared to those not under lockdown, a statistically significant but modest effect. Lockdowns had smaller effects on prices for highly processed food items sourced directly from companies, but larger effects on prices for raw or lightly processed commodities sourced through wholesale markets, which comprise a larger share of urban consumer’s diets. Retailer margins did not change significantly under lockdown restrictions, suggesting no evidence of price gouging. Overall, our findings of a modest impact of the lockdown on urban food prices underscore the importance of keeping the food supply chain–including wholesale markets and retail shops–functioning as completely and as safely as possible during times of crisis, as was mostly the case early in the crisis for the two cities in this study.
Special Issue: Recent Developments in Financial Time Series Econometrics
Author: Michael McAleerResearch on Pandemics
Author: Yezhou ShaPublisher: Taylor & Francis
ISBN: 1000483584
Category : Business & Economics
Languages : en
Pages : 336
Book Description
The lasting turmoil associated with the unprecedented pandemic, triggered by the novel corona virus COVID-19, has dragged the world into a mud of uncertainty. Fiscal stimulation, interest rate cuts, global supply-chain redeployment, "pandemic bond" and circuit breakers kicked in and the world is responding to this great challenge. But how can finance and economic research help the world under such circumstances? This book dwells on this new area of research and tries to understand how pandemics impact the economic and financial ecosystem of both emerging and advanced economies. Lessons learnt from the experience of previous pandemics maybe presented and discussed through drawing on policy lessons to date. By gathering research on political economy, geopolitical issues, behavioral finance, international institutional responses and medical and health issues resulting from pandemics, the chapters in this edited volume help in expanding the knowledge of social and economic consequences of the pandemic as well as set the foundation for future research. This book would benefit scholars, policy makers and entrepreneurs worldwide as a valuable archive of research on pandemics. The chapters in this book were originally published as a special issue of Emerging Markets Finance and Trade.
Economics of Betting Markets
Author: David PeelPublisher: Routledge
ISBN: 1317988221
Category : Business & Economics
Languages : en
Pages : 261
Book Description
During the last few decades, commercial gambling has increased substantially throughout the Western world. More people than ever before have access to sources of legalised gambling, leading to bumper revenues for the institutions involved. Naturally enough, this has led to an increased interest in the area of the economics of betting. This book addresses the issues raised by the continued growth of the gambling sector. How can we model the behaviour of people who seemingly act irrationally? What are the implications of different tax policies with regard to gambling? Are casinos capable of taking money away from state-run lotteries and the causes they fund? Can bookmakers’ odds be influenced in such a way as to make the gambling market inefficient? The authors in this volume provide insights based on data from many different countries, including England, the USA, Australia, Spain and Cyprus. This volume brings together work which addresses the economic impact of the huge growth of commercial gambling in the Western world, as well as trying to model the cognitive processes which can explain why individuals are prepared to behave in such apparently irrational ways. This book was published as a special issue of Applied Economics. The academic editor of this journal is Mark P. Taylor.
Author: Neil Kellard