Wyniki wyszukiwania dla: uncertainty, speculative asset, geopolitical risk, global economic policy, cryptocurrency
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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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The forecasts-based instrument rule and decision making. How closely interlinked? The case of Sweden
PublikacjaResearch background: The Central Bank of Sweden declared in years 1999–2006 the implementation of the Svensson’s concept of inflation forecast targeting (IFT). It means that the repo rate decision-making process depends on the inflation forecasts. The concept evolved from the strict IFT with the decision-making algorithm called ‘the rule of thumb’ to the flexible IFT. Purpose of the article: The aim of...
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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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Sensitivity analysis as a tool to optimise Human Development Index
PublikacjaResearch background: Composite indicators are commonly used as an approximation tool to measure economic development, the standard of living, competitiveness, fairness, effectiveness, and many others being willingly implemented into many different research disciplines. However, it seems that in most cases, the variable weighting procedure is avoided or erroneous since, in most cases, the so-called...
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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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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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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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Determinants of trade balance in Polish and Czech manufacturing sectors
PublikacjaResearch background: A strong industrial base is essential for achieving long-term sustainable economic growth and export competitiveness. In that sense, manufacturing remains a significant contributor to exports in the CEE countries. However, its role and its influence vary between CEE economies and change over time. Purpose of the article: The main objective of this paper is to compare the determinants of the international competitiveness,...
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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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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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Financial markets diffusion patterns. The case of Mexican investment funds
PublikacjaExchange traded funds (ETFs) are one of the most influential financial innovations, reshaping the investment funds market in many countries, including Mexico. Due to their similar investment objectives, ETFs are considered substitutes for mutual funds. The aim of the article is to provide an in-depth insight into the issues associated with the development of financial markets in Mexico...
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Estimating the parameter of inequality aversion on the basis of a parametric distribution of incomes
PublikacjaResearch background: In applied welfare economics, the constant relative inequality aversion function is routinely used as the model of a social decisionmaker’s or a society’s preferences over income distributions. This function is entirely determined by the parameter, ε, of inequality aversion. However, there is no authoritative answer to the question of what the range of ε an analyst should select for empirical work. Purpose...
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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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Structural Heterogeneity Between EU15 and 12 New EU Members – the Obstacle to Lisbon Strategy Implementation
PublikacjaThe aim of this article is to identify diversity between the EU-15 and the New Members in their implementation of the Lisbon Strategy in the period 2000-2010. By analyzing a set of structural indicators, we aim to fill a gap in the literature: a lack of publications providing complex evaluation of the implementation of the Lisbon Strategy using measurable indicators. Given their suitability for international comparisons, we use...
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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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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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Controling w zarządzaniu bezpieczeństwem pracy
PublikacjaW artykule przedstawiono możliwość wykorzystania controllingu do badania zagrożeń w procesie pracy. Dla oceny rozwiązań usprawniających wprowadzono pojęcie oszczędności zasobu typu praca i typu materiał, zużywanych w procesie realizacji zadań wytwórczych. Artykuł podkreśla możliwość osiągania efektów ekonomicznych (ograniczenia kosztów) w wyniku poprawy warunków pracy.CONTROLLING IN WORK SAFETY MANAGEMENTThe article presents the...
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Historical carpentry corner log joints—Numerical analysis within stochastic framework
PublikacjaThe paper presents the results of numerical analysis performed on historical, traditional carpentry corner logjoints of two basic topologies: the short-corner dovetail connection and the saddle notch connection. These types of carpentry joints are commonly used in currently preserved objects of wooden architecture. All connections have been modelled in pinewood, which has been defined in the Finite Element software MSC.Marc/Mentat...
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Integration and verification of meteorological observations and NWP model data for the local GNSS tomography
PublikacjaGNSS meteorology applies the Global Navigation Satellite Systems (GNSS) to derive information about the state of the atmosphere (particularly troposphere). The tomography is one of the methods used in GNSS meteorology. The input data of GNSS tomography are the signal troposphere delays, results of GNSS data processing and additionally meteorological observations and Numerical Weather Prediction (NWP) models data. Different types...
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Improving the procedure of probabilistic load testing design of typical bridges based on structural response similarities
PublikacjaThis paper concerns load testing of typical bridge structures performed prior to operation. In-situ tests of a two-span post-tensioned bridge loaded with three vehicles of 38-ton mass each formed the input of this study. On the basis of the results of these measurements, an advanced FEM model of the structure was developed for which the sensitivity analysis was performed for chosen uncertainty sources. Three uncorrelated random...
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Development of trolleybus public transport in Gdynia as part of sustainable mobility strategy
PublikacjaIn many EU cities trolleybuses are experiencing a period of revitalization. New lines, new and modern trolley-buses, the use of auxiliary propulsion battery, eco-logical values and others, create great opportunities for that kind of public transport as an effective tool to shape transport policy in accordance with the principles of sustainable mobility. Gdynia is one of three cities in Poland with trolleybuses public transport...
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Landscape as the tool of coherence in the land management of rural communes
PublikacjaEconomic and social transformation of rural areas in Poland after 1990 reveals itself through disintegration of previous spatial order. Building a new pattern requires a vision, which would counteract complex causes of disintegration. The latter belong to institutional domain of planning strategies and the area of common practices. Therefore, agreement on aims and means between spatial policy strategies and tactics of space users...
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Ocena wpływu polityki zdrowotnej na jakość życia starzejącego się społeczeństwa w krajach UE
PublikacjaStarzenie się społeczeństw w Europie powoduje wiele problemów społecznych i ekonomicznych. Polityka zdrowotna i jakość opieki zdrowotnej wpływają na stan zdrowia osób starszych, a tym samym na jakość ich życia. Artykuł jest próbą oceny polityki zdro-wotnej w krajach Unii Europejskiej w kontekście jakości życia. Wykorzystano metodę Data Envelopment Analysis i koncepcję helmsmana, powszechnie stosowane do oceny różnych rodzajów polityki....
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Free trade with the former COMECON Countries as Unequal Exchange
PublikacjaTwo authors of this chapter were born to the East of what was once The Iron Curtain and two to the West. From both angles, the two systems – capitalism and communism – seemed to be as contrary to each other as possible. Few people are aware that in terms of industrial and trade policy, both classical capitalism and communism had a common root in the theories of German economist Friedrich List (1789-1846) (List, 1841). In fact,...
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Changing patterns in export of goods versus international competitiveness. A comparative analysis for Central-East European countries in the period 2000-2011.
PublikacjaThis paper discusses the existing links between changing patterns in the export of goods, broken down by technology-intensity, versus intrenational competitiveness. The study covers nine Central-East European (CEE) economies: Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania and the Slovak Republic, in the time span 2000-2011. We examine the hypothesis of a strong, positive and statistically significant...
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Machine Learning Assisted Interactive Multi-objectives Optimization Framework: A Proposed Formulation and Method for Overtime Planning in Software Development Projects
PublikacjaMachine Learning Assisted Interactive Multi-objectives Optimization Framework: A Proposed Formulation and Method for Overtime Planning in Software Development Projects Hammed A. Mojeed & Rafal Szlapczynski Conference paper First Online: 14 September 2023 161 Accesses Part of the Lecture Notes in Computer Science book series (LNAI,volume 14125) Abstract Software development project requires proper planning to mitigate risk and...
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Tomasz Korol dr hab. inż.
OsobyWykształcenie Politechnika Gdańska, Wydział Zarządzania i Ekonomii (2001) University of Applied Sciences Stralsund (1999) Stopień naukowy Doktor habilitowany – Politechnika Gdańska, Wydział Zarządzania i Ekonomii (2015) Doktor – Politechnika Gdańska, Wydział Zarządzania i Ekonomii (2004) Zatrudnienie Politechnika Gdańska: profesor uczelni (od 2019); profesor nadzwyczajny (2017-2019); adiunkt (2004-2016); asystent (2001-2004) I-Shou...
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Udział pracy w dochodzie narodowym w Polsce z uwzględnieniem województw
PublikacjaW literaturze przedmiotu wskazuje się na liczne przyczyny występowania zmian udziału pracy w dochodzie narodowym. Zróżnicowanie udziału pracy w dochodzie narodowym można badać nie tylko w skali światowej, ale również odnosząc się do poszczególnych gospodarek i regionów. Celem niniejszego artykułu jest zbadanie zróżnicowania udziału czynnika pracy w dochodzie narodowym w poszczególnych województwach w Polsce. Zakres opracowania...
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Cost Analysis of Prefabricated Elements of the Ordinary and Lightweight Concrete Walls in Residential Construction
PublikacjaGlobal economic growth causes an increase in natural resources exploitation, particularly in construction branch. The growing use of electricity contributes to climate change. Therefore, it is necessary to search the solutions, which will allow for reducing natural resources exploitation. One of the many opportunities to do that is the application of the recycled materials. The authors of the given article have analyzed three variants...
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Complex Predictive Solution for Computerized Processes in Tire Industry
PublikacjaFollowing increasing market needs of productivity, cost reduction and safety requirements, computerized industry are faced to finding optimum between economic aspects of business and safety-related risk management. Modern factories equipped with computerized processes and extended diagnostic tools to support operator do not often use of all information’s which comes from the equipment. Some of the relations between the events are...
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Dynamic Bankruptcy Prediction Models for European Enterprises
PublikacjaThis manuscript is devoted to the issue of forecasting corporate bankruptcy. Determining a firm’s bankruptcy risk is one of the most interesting topics for investors and decision-makers. The aim of the paper is to develop and to evaluate dynamic bankruptcy prediction models for European enterprises. To conduct this objective, four forecasting models are developed with the use of four different methods—fuzzy sets, recurrent and...
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To i-vote or not to i-vote: Drivers and barriers to the implementation of internet voting
PublikacjaThis paper investigates the drivers and barriers of internet voting and the implications of a global pandemic for the development of the respective technology. In contrast to the expected uptake in the early 2000s of internet voting, the technology is still rather seldomly used in election systems around the world. The paper at hand explores the different forces that drive or impede internet voting adoption from a political, social,...
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Consumer Bankruptcy Prediction Using Balanced and Imbalanced Data
PublikacjaThis paper examines the usefulness of logit regression in forecasting the consumer bankruptcy of households using an imbalanced dataset. The research on consumer bankruptcy prediction is of paramount importance as it aims to build statistical models that can identify consumers in a difficult financial situation that may lead to consumer bankruptcy. In the face of the current global pandemic crisis, the future of household finances...
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Dynamic GNSS Mission Planning Using DTM for Precise Navigation of Autonomous Vehicles
PublikacjaNowadays, the most widely used method for estimating location of autonomous vehicles in real time is the use of Global Navigation Satellite Systems (GNSS). However, positioning in urban environments using GNSS is hampered by poor satellite geometry due to signal obstruction created by both man-made and natural features of the urban environment. The presence of obstacles is the reason for the decreased number of observed satellites...
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Strategic aspects in spatial planning - theory and practice in largest cities of Poland
PublikacjaThe rate of changes and the growing uncertainty rise to the need for a strategic approach to development planning, which is active and flexible in relation to the changing reality. Strategic planning, occurring in companies, was adapted by the social-economic development planning of self-government units. However, there are difficulties in applying the strategic planning in the spatial planning and integration of the two forms...
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Krzysztof Malik prof. dr hab.
OsobyKrzysztof Malik, professor of economics, heads the Department of Economics, Finance, Regional and International Research at the Faculty of Economics and Management of the Opole University of Technology. Prof. Malik conducts research on the regional economy, development strategy, knowledge transfer and specialization of regional development, economic evaluation of regional public programmes and policies. He is the author and co-author...
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Implementing artificial intelligence in forecasting the risk of personal bankruptcies in Poland and Taiwan
PublikacjaResearch background: The global financial crisis from 2007 to 2012, the COVID-19 pandemic, and the current war in Ukraine have dramatically increased the risk of consumer bankruptcies worldwide. All three crises negatively impact the financial situation of households due to increased interest rates, inflation rates, volatile exchange rates, and other significant macroeconomic factors. Financial difficulties may arise when the...
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Visegrád countries' scientific productivity in the European context: a 10-year perspective using Web of Science and Scopus
PublikacjaMeasuring the growth of research productivity is a core element of performance in the higher education sector. This paper aims to analyse the scientific productivity of the Visegrád Group countries (2010-2019) based on data from the WoS and Scopus databases as well as data from secondary sources (demographic and socio-economic factors). Quantitatively, although Poland has the highest output, this is due to its comparative size,...
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The Application of a Multi-Criteria Decision-Making for Indication of Directions of the Development of Renewable Energy Sources in the Context of Energy Policy
PublikacjaThis paper presents the application of multi-criteria decision-making (MCDM) for evaluating what technologies using renewable energy sources (RES) for electricity production have the chance to develop in Poland under the current socio-economic conditions. First, the Analytical Hierarchy Process (AHP) method was used to determine the weights of the optimization criteria. Five main criteria and 30 sub-criteria were identified. Next,...
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THE AGRI-HOOD AND SLOW-SUBURB CONCEPT IN THE CONTEXT OF AN IN-BETWEEN CITY (ZWISCHENSTADT)
PublikacjaThe concept of an “in-between-city” (Zwischenstadt) interprets the urban sprawl in Europe as a new, evolving model of urban development, taking the form of urbanized landscapes, which does not correspond with the traditional understanding of urban design. The actual shape of an in-between-city reflects the today’s technology and economy generating new lifestyles: global trends coexist with the locality in a strong relation. The...
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Sustainability reporting in the airline industry: Current literature and future research avenues
PublikacjaSustainability reporting (SR) allows organisations to communicate their non-financial impacts to stakeholders. It has also become a widespread business practice in aviation, a transport sector that contributes significantly to global warming. Academia has begun to examine SR in the context of airlines surprisingly late, and no comprehensive reviews of its respective developments have been made so far. Consequently, a systematic...
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Intellectual brain drain and economic growth in developing countries: A theoretical solution of strategic compensation
PublikacjaBrain drain is a real problem for the developing countries like Pakistan. It not only impacts theworkforce, but its effect eventually translates to economic growth as well. The most severe form of braindrain is intellectual as top tier skilled employees’ move out of the country. This study explores the issue ofintellectual brain drain in Pakistan moreover analyzes its severity to the economic growth. Finally,...
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Technological solutions for boosting hydrogen role in decarbonization strategies and net-zero goals of world shipping: Challenges and perspectives
PublikacjaFacing the problems concerning greenhouse gas (GHG) emissions from international ocean shipping has meant that the latest regulations of the International Maritime Organization, issued on 1st January 2023, have come into force, with the aim of reducing GHG emissions from maritime activities. Hydrogen has been suggested as an alternative fuel to achieve decarbonization ambitions in the near future. Although hydrogen has been investigated...
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Application of probabilistic tools to extend load test design of bridges prior to opening
PublikacjaLoad tests of bridges are widely performed in a large number of countries. Deterministic comparison of measurement results to the theoretical, FEM (finite element method)-based outcomes with possible further calibration is mostly applied. Sometimes, the data collected in the tests are also used to calibrate the reliability factors of bridge structures or their components. This work proposes to complement the stage of the load test...
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Mercury in the Polish part of the Baltic Sea: A response to decreased atmospheric deposition and changing environment
PublikacjaOur review of the literature showed that since the beginning of the socio-economic transformation in Poland in the 1990s, the downward trend in Hg emissions and its deposition in the southern Baltic Sea was followed by a simultaneous decrease in Hg levels in water and marine plants and animals. Hg concentrations in the biota lowered to values that pose no or low risk to wildlife and seafood consumers. However, in the first decade...