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Wyniki wyszukiwania dla: international economics
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Effect of the integration into Global Value Chains on the employment contract in Central and Eastern European countries
PublikacjaResearch background: In the era of globalization, there is a need to address decent work deficits in Global Value Chains (GVCs). The forms of working conditions reveal a broad dispersion of contents. The literature review exposes hardly any Europe-focused research assessing the socioeconomic impact of global production links and going beyond their pure economic effects assessed in terms of employment, productivity or wages. Purpose...
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Fertility rebound and economic growth. New evidence for 18 countries over the period 1970-2011.
PublikacjaLong-run impact of economic growth on fertility trends is ambiguous and sensitive for in-time variations. Noticeably, over last decades, economic growth has led in many countries to significant falls in total fertility rates. However, recently, in high-income economies a kind of ‘fertility rebound’ emerged (Goldstein, 2009; Luci and Thevenon, 2011; Day, 2012), which supports the hypothesis that reversal trends in total fertility...
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Systems of General Grants for Local Governments in Selected EU Countries Against the Background of the General Theory of Fiscal Policy
PublikacjaFiscal policy, including its expenditure aspect, is often discussed and analysed from a variety of angles in the literature on public finances, undoubtedly due to the major importance of this topic. However, not all areas of the expenditure part of fiscal policy have been subjected to in-depth analysis. One of the less discussed tools of fiscal policy consists of general purpose transfers, which are a certain type of expenditure...
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Measuring the Efficiency of Polish Municipalities – Data Envelopment Analysis Approach
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Labour share and income inequalities in the European Union, taking into account the level of development of economies
Publikacjaesearch background: The relationship between labour share and income inequality is a complex and multifaceted problem. Despite ongoing discussions among economists, there is still no consensus on the direction of the relationship between labour share and income ine-quality. Purpose of the article: The article aims to assess the impact of labour share on income inequal-ity, which is measured in three ways: the Gini index...
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Equivalence scales for continuous distributions of expenditure
PublikacjaResearch background: In the actual sizable populations of households, the standard microeconomic concept of equivalence scales is intractable since its necessary condition of equality of household welfare levels is unlikely to be fulfilled. Purpose of the article: This paper aims to develop a concept of an equivalence scale, which can be suitable for continuous distributions of expenditures in the population. Methods: Using household...
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Global energy transition: From the main determinants to economic challenges regions
PublikacjaDynamic global energy transition has been accelerating for the last decade. Interestingly, the energy transition is multidimensional and concerns both the dimensions of technique/ technology and the economic, social, institu-tional, and legal spheres (Shuguang et al., 2022; Tzeremes et al., 2022; Ram-zan et al., 2022; Tzeremes et al., 2022). The literature also points to the signif-icant impact of the digitization of the global...
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Redefining The Modifiable Areal Unit Problem Within Spatial Econometrics, The Case of the Scale Problem
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Interpretation of Structural Parameters for Models with Spatial Autoregression
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The Modifiable Areal Unit Problem – Analysis of Correlation and Regression
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Redefining the Modifiable Areal Unit Problem Within Spatial Econometrics, the Case of the Aggregation Problem
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Can Inflation Forecast and Monetary Policy Path be Really Useful? The Case of the Czech Republic
PublikacjaProducing and revealing inflation forecast is belie ved to be the best way of implementing a forward-looking monetary policy. The article focuses on inflation forecast targeting (IFT) at the Czech National Bank (CNB) in terms of its efficiency in shaping consumers’ inflation expectations. The goal of the study is to verify the accuracy of the inflation forecasts, and their influence on inflation...
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Global Competitiveness and Economic Growth: A One-Way or Two-Way Relationship?
PublikacjaThe Global Competitiveness Index is treated as a standard to measure the competitiveness of countries. Leaders look at it to make policy and resource allocation decisions because global competitiveness is expected to be related to economic growth. However, studies which analyze the empirical relationship between these two economic categories are very rare. It is still an open question in the literature whether economic growth can...
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Catching-up and club convergence from cross-national perspective. A statistical study for the period 1980-2010
PublikacjaArtykuł o charakterze empirycznym, w którym podjęto analizę konwergencji 101 gospodarek świata pod względem poziomu PKB per capita. Analizę przeprowadzono dla lat 1980-2010. Dodatkowo, w ramach analizy empirycznej, zidentyfikowano tzw. kluby konwergencji ekonomicznej, tj. grupy krajów, które ''zbliżały się'' do siebie pod względem poziomu rozwoju gospodarczego w latach 1980-2010.
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Is There any Demand for the Workers Aged 50+ in Poland?
PublikacjaThe process of ageing affects all the European Union Member States, including Poland. According to forecasts by the Central Statistical Office, in 2035, the population of Poland will decrease in relation to 2010 by more than 2 million, and the share of people aged 50+ in the total population will increase from 34.8% to 46.6% (Prognoza ludności 2009). In the context of current and projected demographic changes, a discussion is taking...
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The impact of gender wage gap on sectoral economic growth – cross-country approach
PublikacjaWe propose an empirical analysis of testing the relationship between gender wage gap and economic growth. The study takes into account 12 manufacturing sectors in 18 OECD countries for the period between 1970 and 2005.We use industrial statistics (EU KLEMS, 2008) on female and male wages that distinguish between wages paid to different groups of workers classified according to skill level: high, medium and low. We estimate augmented...
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New Technologies Adoption and Diffusion Patterns in Developing Countries. An Empirical Study for the Period 2000-2011
PublikacjaIn recent years, enormous changes are noted worldwide when broad adoption of Information and Communication Technologies (ICT). These unique technologies – often perceived as economic development incentives – have a great ability to spread at high pace and low cost in world countries, bringing to people opportunities to contribute to economic development and growth. New Technologies play a special role in developing countries, where...
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Demographic Changes in Poland – The Regional Dimension
PublikacjaThe article notes that the ageing process does not occur uniformly across all Polish regions, i.e. at the same pace and with the same intensity. The results of studies indicating the regions being most vulnerable to the ageing of the regional community and the negative consequences of this process in the next two decades are presented.
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Estimating inequality aversion from subjective assessments of the just noticeable differences in welfare
PublikacjaResearch background: In Economics, the concept of inequality aversion corresponds with the concept of risk aversion in the literature on making decision under uncertainty. The risk aversion is estimated on the basis of subjective reactions of people to various lottery prospects. In Economics, however, an efficient method of estimating inequality aversion has not been developed yet. Purpose of the article: The main aim of this paper...
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The condition of economies. Do most valuable global brands matter?
PublikacjaResearch background: Brands are considered to be the most valuable asset of a company. Some of them achieve spectacular global results. The significance of global brands is proved by the fact that their value is often greater than the sum of all company’s net assets. Purpose of the article: The aim of this article is to highlight that brand value does not only create company’s value, but also leverages economies. The Authors claim...
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Exchange-traded products in Germany: development and substitution of exchange-traded funds, exchange-traded commodities and exchange-traded notes.
PublikacjaResearch background: Exchange-traded products (ETPs) are one of the most rapidly growing categories of financial products. Their fast development has been boosted by innovative features. Three main categories of ETPs are exchange-traded funds (ETFs), exchange-traded commodities (ETCs) and exchange-traded notes (ETNs). ETCs and ETNs remain least known, even though their number on some stock exchanges is high. In Europe, Germany...
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The atlas of inequality aversion: theory and empirical evidence on 55 countries from the Luxembourg Income Study database
PublikacjaResearch background: In the distributive analysis, the constant relative inequality aversion utility function is a standard tool for ethical judgements of income distributions. The sole parameter ε of this function expresses a society’s aversion to inequality. However, the profession has not committed to the range of ε. When assessing inequality and other welfare characteristics, analysts assume an arbitrary level of ε, common...
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A Simulation Model for Risk and Pricing Competition in the Retail Lending Market
PublikacjaWe propose a simulation model of the retail lending market with two types of agents: borrowers searching for low interest rates and lenders competing through risk-based pricing. We show that individual banks observe adverse selection, even if every lender applies the same pricing strategy and a credit scoring model of comparable discrimination power. Additionally, the model justifies the reverse-S shape of the response rate curve....
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The structure of demand and its economic consequences for urban transport
PublikacjaThe structure of demand for urban transport services, determined by the share of passengers entitled to free and reduced fares, is an important factor influencing its economic condition. The aim of this article is to present the results of research into the structure of demand for urban transport as well as its economic consequences. The article begins by considering the nature of the determinants and consequences of the public...
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Woman in cultural and civilization reality
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Sources and reasons for applying the violence in the family: experience of Poland
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