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JOINT ANALYSIS OF NATIONAL ECO-EFFICIENCY, ECO-INNOVATION AND SDGS IN EUROPE: DEA APPROACH
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Technology convergence and digital divides. A country-level evidence for the period 2000–2010
PublikacjaThe paper, mostly empirical in nature, investigates issues on cross-national new information and communication technologies (ICTs) adoption patterns and growth directions. In the period of 2000–2010, a great number of countries underwent substantial changes on the field of ICTs implementation. Many of them made a great “jump” starting with almost “zero level” of ICTs adoption in the year 2000 and during the ten- year period were...
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Trade diversity and stages of development - evidence on EU countries.
PublikacjaThe paper presents the dynamics of trade diversification with respect to stages of development in the European context. The analysis focuses on EU27 countries observed across the years 1988–2010 and compared to a sample of 136 international economies at all levels of income per capita. We will use product level statistics (six digit HS0) and confront export and import patterns of absolute diversification/concentration. The results...
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Sektor usług wiedzochłonnych oraz jego dynamika i struktura zatrudnienia w krajach Unii Europejskiej
PublikacjaNiniejszy artykuł dotyczy sektora usług wiedzochłonnych oraz jego dynamiki i struktury zatrudnienia. W części teoretycznej opracowania przedstawiono zagadnienia definicyjne oraz klasyfikacyjne związane z sektorem usług wiedzochłonnych, a także omówiono kwestie wiedzochłonności tego sektora. W części badawczej zaprezentowano analizę dynamiki i struktury zatrudnienia w sektorach usług wiedzochłonnych krajów należących do Unii Europejskiej....
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The mechanisms of technological innovation in SMEs: a Bayesian Network Analysis of EU regional policy impact on Polish firms.
PublikacjaWe study the underlying mechanisms of technological innovation in SMEs in the context of ex-post evaluation of European Union’s regional policy. Our aim is to explain the observed change in firms’ innovativeness after receiving EU support for technological investment. To do so, we take an approach that is novel in innovation studies: a Bayesian Network Analysis to assess the effectiveness of EU policy instrument for technological...
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Inflation Forecast or Forecast(s) Targeting?
PublikacjaThe paper refers to L.E.O. Svensson’s concept of inflation forecast targeting (IFT) and its implementation by central banks of Sweden, Norway and the Czech Republic. The study focuses on (1) inflation forecasts published by selected central banks, i.e.headline inflation and core or monetary policy-relevant (MPR) inflation, which are made on the assumption of endogenous instrument rate, (2) one-year consumer...
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An evaluation of effectiveness of fuzzy logic model in predicting the business bankruptcy
PublikacjaW artykule sprawdzono skuteczność pojedynczego modelu logiki rozmytej w prognozowaniu ryzyka upadłości przedsiębiorstw w Polsce. W badaniach wykorzystano wartości 14 wskaźników finansowych oraz ich dynamikę zmiany między pierwszym a drugim, drugim a trzecim oraz trzecim a czwartym rokiem objętymi analizą. We wnioskach omówiono różnicę w skutecznościach modelu uzyskanego na wartościach statycznych oraz dynamicznych wskaźników finansowych....
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PUBLIC GOODS VERSUS THE FARM PRICE-COST SQUEEZE: SHAPING THE SUSTAINABILITY OF THE EU’S COMMON AGRICULTURAL POLICY
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ONLINE DISTRIBUTION OF INSURANCE OF CIVIL LIABILITY OF OWNERS OF VEHICLES, THE EXPERIENCE OF POLAND, OPPORTUNITIES OF UKRAINE
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Joint Analysis of National Eco-Efficiency, Eco-Innovation and SDGs in Europe: DEA Approach
PublikacjaThe growing complexity and intertwining of different socio-economic issues both in individual countries and internationally mean that single-theme analyses do not consider all the relationships and thus have cognitive limitations. Therefore, studies that combine several research areas are increasingly common in the literature to clarify the connections and relationships. In this study, considering the sequential nature of the...
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Financial performance under influence of credit risk in non-financial firms: evidence from Pakistan
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EFFECTIVENESS OF FDI, TECHNOLOGICAL GAP AND SECTORAL LEVEL PRODUCTIVITY IN THE VISEGRAD GROUP
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The ice phenomena dynamics of small anthropogenic water bodies in the Silesian Upland, Poland
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Anthropogenic transformations of the Bytom area relief in the period of 1883-1994
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Methods for Measuring the Intellectual Capital of the Region: Approaches and Assessments
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Consumer willingness to pay a price premium for ecological goods: a case study from Ukraine
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Warner, Malcolm (Ed.) (2013), The Sociology of the Workplace. Abingdon: Routledge.
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Interest rate changes and the cross-section of global equity returns
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Trade competitiveness and the aggregate returns in global stock markets
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Machine learning goes global: Cross-sectional return predictability in international stock markets
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THE IMPORTANCE OF CULTURAL DIFFERENCES IN THE ERA OF INTERNATIONALISATION OF SERVICE ENTERPRISES
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Assessment of TFP in European and American higher education institutions – application of Malmquist indices
PublikacjaIn this study we apply Malmquist methodology, based on the estimation of distance measures through Data Envelopment Analysis (DEA), to a sample of 500 universities (in 10 European countries and the U.S.) over the period 2000 to 2010 in order to assess and compare their productivity. On average, a rise in TFP is registered for the whole European sample (strongest for Dutch and Italian HEIs), while the productivity of American HEIs...
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Analiza efektywności działalności uczelni europejskich i amerykańskich - podejście nieparametryczne
PublikacjaW artykule przedstawiono analizę efektywności naukowej i dydaktycznej 505 uczelni z 10 krajów europejskich oraz z USA w okresie 2000– 2012. W celu obliczenia wskaźników efektywności przyjęto metodę nieparametryczną Data Envelopment Analysis (DEA). Za nakłady uznano: wartość przychodów uczelni, liczbę pracowników naukowych oraz studentów, za wyniki działalności naukowej – liczbę publikacji, a działalności dydaktycznej – liczbę absolwentów....
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CONDITIONS OF THE GREEN TRANSFORMATION. THE CASE OF THE EUROPEAN UNION
PublikacjaThe main purpose of the paper is to identify the factors that determine the course of green transformation and to assess the current stage and possible directions of change in subsequent years in EU countries. The literature lacks comprehensive studies that show the impact of diverse types of factors on the course of green transformation. For this purpose, two perspectives of the research – economic and environmental – are usually...
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ASSESSMENT OF GOLD AND/OR CRUDE OIL AS INVESTMENTS FOR PORTFOLIO DIVERSIFICATION. A WARSAW STOCK EXCHANGE CASE STUDY
PublikacjaThe purpose of the study is to assess whether the inclusion of investments in gold and/or crude oil improves an investment portfolio consisting of shares of enterprises included in the WIG20 index (traditional invest-ments). All possible combinations of investment portfolios with minimal risk and maximum efficiency were tested. The portfolios were determined based on Markowitz’s portfolio theory. All results were compared...
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VALUATION OF EMBEDDED OPTIONS IN NON-MARKETABLE CALLABLE BONDS: A NEW NUMERICAL APPROACH
PublikacjaThe issue of how to price options embedded in callable bonds has attracted a lot of interest over the years. The usual bond valuation methods rely on yield curves, risk premium, and other parameters to estimate interest rates used in discounted cash flow calculations. The option to retire the bond is, however, neglected in the standard pricing models, causing a systematic overvaluation of callable bonds. In the event of a decline...
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Relative Productivity, Country Size and Export Diversification
PublikacjaThis paper analyses the effects of productivity and country size on the extent of trade structure diversification. Using a testable version of the Ricardian model, we show that relative export variety is an outcome of two forces: a relative productivity change (technological progress) and a relative country size change (labour force growth). The model predictions are validated empirically using product-level trade data for a sample...
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Merton-type default risk and financial performance: the dynamic panel moderation of firm size
PublikacjaPurpose – The main purpose of this study is to evaluate the probability of default and examine the relationship between default risk and financial performance, with dynamic panel moderation of firm size. Design/methodology/approach – This study utilizes a total of 1,500 firm-year observations from 2013 to 2018 using dynamic panel data approach of generalized method of moments to test the relationship between default risk and financial...
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GVC involvement and the gender wage gap: Micro -evidence on European countries
PublikacjaWe examine linkages between involvement in global value chains (GVCs) and gender wage inequalities. We use merged data from Structure of Earnings Survey and the World Input Output Database covering 18 European countries. We employ information on employees’ personal and company characteristics and a sectoral involvement in GVCs. In general, the wages of workers from sectors more involved in GVCs are lower. However, the relationship...
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The impact of institutions on innovation networks: empirical evidence from Poland
PublikacjaInnovation networks may accelerate and improve the innovation process, while institutional pathologies may hamper it. This study employs the Kruskal-Wallis H test and regression analysis to determine if the relationship between institutions and innovation networks does exist among the investigated variables. The purpose of the study was to find out whether cooperation with special local institutions influences the innovative behaviour...
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Exploring the relationship between investment choices, cognitive abilities risk attitudes and financial literacy
PublikacjaPurpose The main purpose of this study is to investigate the investment choices' relationship with cognitive abilities, risk aversion, risky investment intentions, subjective financial literacy and objective financial literacy. Design/methodology/approach To examine the relationship, two investment choices were given to 256 subjects from Pakistan. Questionnaire had total 20 questions for measuring five variables. To review this...
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Linkages between services and manufacturing as a new channel for GVC development: Evidence from CEE countries
PublikacjaThe goal of the paper is to verify a causal relationship between forward linkages from domestic services to manufacturing and the participation/position of a country in global value chains (GVCs) in selected Central and Eastern European economies. We observed a strong polarisation pattern: the Baltic countries along with the Czech Republic strengthen their positions and participation in GVCs by having a strong relationship between...
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The Opening of Central and Eastern European Countries to Free Trade: A Critical Assessment
PublikacjaThree decades after the fall of the Berlin wall and one and a half decades after the Big Bang enlargement of the European Union (2004-2007), we revisit contrasting narratives about the benefit of both free trade and the EU enlargement for Central and Eastern European (CEE) countries. We distinguish old, pre-2004 EU countries from CEE countries that joined the EU in 2004-2007, as well as from the CEE countries that have not become...
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The Belt and Road Initiative and export variety: 1996–2019
PublikacjaThis study examines the association between the Belt and Road Initiative (BRI) and export variety (EV). We propose three hypotheses on how BRI may foster export markets (destinations) or export product lines. The estimates are based on a dataset constructed specifically for this analysis, covering 183 countries and linked with trade data from 1996 to 2019. We apply the instrumental variable (IV) approach in regressions for covering the...
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Factors hindering and boosting SDG7 implementation in EU countries
PublikacjaOne of the sustainable development goals (SDG7) is to ensure access to clean and affordable energy, which is related to most other SDGs and plays a crucial role in eco - nomic development and human well-being. The aim of the article is to identify factors that enhance and delay one of the most crucial goals of sustainable development, SDG7. The study’s originality lies in the spatiotemporal approach to analysing the impact of...
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What drives sustainable investing? Adoption determinants of sustainable investing exchange-traded funds in Europe
PublikacjaDespite the growing interest in various topics related to sustainable (ESG) investing, some issues remain understudied, such as the determinants of their utilization at the macro level. This paper contributes to the state of knowledge two-directionally. First, it shows the development of sustainable investing exchange-traded funds (ETFs) in European countries. Second, it traces the significant determinants of adopting sustainable...
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Global value chains, wages, employment and labour production in China: A regional approach
PublikacjaIn this study we analyse the relationship of trade and global value chains (GVCs) to the labour market in 31 Chinese provinces for 25 sectors, by means of a system of structural equations. We firstly distinguish between provincial value chains (PVCs) and interprovincial value chains (PRVCs) in order to outline their distribution and evolution over time. Then, we investigate to what extent participation in GVCs, PVCs and PRVCs –...
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Exploring the approaches towards support of academic entrepreneurship: evidence from an emerging market
PublikacjaOver the past three decades, an exponentially growing body on elements and actors of the concept of an entrepreneurial university has emerged. Compared to its western European counterparts, however, the idea of the third role of the university has only recently been implemented in Central and Eastern European countries, and thus both research and entrepreneurial practice grapple with empirical results. In this paper, we attempt...
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Energy Efficiency Analysis of Railway Turnout Heating With a Simplified Snow Model Using Classical and Contactless Heating Method
PublikacjaElectrical heating of railway turnouts is a considerable technical and economic challenge, hence the need to conduct research for optimisation of a railway turnouts heating system. This paper presents results of a numerical analysis and experimental research on heating systems mounted on rail turnouts in line with the classical method and including a heater thermally insulated from the base of a rail. The numerical calculations...
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Selected issues of women's participation in labour market and on boards of family entreprises
PublikacjaThe chapter presents cultural determinants of roles attributed to women, as well as their situation in the labour market and in family businesses. The main aim of the study is to trace the changes in the social image of women’s roles in the labour market. The observations made are based on the changes in the value of the economic activity rate among women in the Baltic Sea Region (BSR) countries, as well as on the feminisation...
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Uwarunkowania polityczne rozwoju regionalnego w Polsce na przykładzie województwa pomorskiego
PublikacjaTreść opracowania dotyczy decyzji i zachowań politycznych w kwestiach rozwoju regionalnego w Polsce, tak na poziomie władzy centralnej, jak i wojewódzkiej.
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Wdrożenie ICTs a rozwój społeczeństwa informacyjnego w warunkach gospodarki rynkowej
PublikacjaArtykuł dotyczy zagadnień związanych z rozwojem społeczeństwa informacyjnego w poszczególnych krajach. Pokazano różne typy społeczeństwa informacyjnego ze względu na stadium jego rozwoju w kraju. Ponadto dokonano prostej analizy statystycznej zależności pomiędzy stopniem rozwoju społeczestwa informacyjnego a stopnień swobody prowadzenia działalności gospodarczej.
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Funkcje sektora bankowego w gospodarce: przypadek Indii
PublikacjaCelem artykułu jest zbadanie wpływu sektora bankowego na sferę realną gospodarki w Indiach i określenie, w jakim stopniu oddziałuje pozytywnie, a w jakim stanowi barierę rozwojową. W pierwszej części tekstu omówione zostały teoretyczne propozycje dotyczące zależności między działalnością banków a sferą realną. Cztery podstawowe funkcje banków to zwiększanie efektywności alokacji zasobów, mobilizacja oszczędności, ograniczanie ryzyka...
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ZMIANA STRUKTURY DOCHODÓW W POLSCE W RELACJI KAPITAŁ–PRACA Z UWZGLĘDNIENIEM SEKTORÓW GOSPODARKI NARODOWEJ
PublikacjaStreszczenie w języku polskim: Dynamiczne zmiany strukturalne dokonujące się w gospodarce polskiej, dążącej do osiągnięcia rozwoju zbliżonego do gospodarek najbardziej rozwiniętych UE i związana z tym zmiana w zatrudnieniu oraz zaangażowaniu kapitału w poszczególnych sektorach gospodarki narodowej, skłaniają do podjęcia badań dotyczących zmian relacji dochodowych w układzie kapitał-praca w poszczególnych sektorach gospodarki i...
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Elektro-magnetyczna metoda badania procesu degradacji stali austenitycznych
PublikacjaBadano próbki ze stali A304 oraz A347 po eksploatacji oraz próbki poddane deformacji plastycznej. Przyjęto założenie, że degradacja prowadzi do wzrostu zawartości fazy ferrytycznej w tych stalach, co może być wykorzystane do oceny stopnia degradacji. Artykuł prezentuje wyniki wstępnych badań nad możliwością wykrycia relatywnie niewielkich koncentracji fazy ferrytycznej. Próbki w początkowym stadium procesu degradacji (wycięte z...
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Diagnosing wind turbine condition employing a neural network to the analysis of vibroacoustic signals
PublikacjaIt is important from the economic point of view to detect damage early in the wind turbines before failures occur. For this purpose, a monitoring device was built that analyzes both acoustic signals acquired from the built-in non-contact acoustic intensity probe, as well as from the accelerometers, mounted on the internal devices in the nacelle. The signals collected in this way are used for long-term training of the autoencoder...
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CURRENT SITUATION ON THE POLAND REAL ESTATE MARKET
PublikacjaIn recent years the polish real estate market has been characterised by a significant increase in supply and demand. This was facilitated by a number of macroeconomic factors. In recent years, housing has been commissioned as 30 years ago. Therefore, the depth analysis issue of the causes and consequences for the Polish economy of these trends is now relevant. Among the reasons are significant economic growth, low interest rates...
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Politiceskaja pressa o rosijsko-ukrainskich otnoszenijach i sobytiach w Krymu = Polish press covering russian- ukrainian relations and events in Crimea
PublikacjaThe paper made a review of opinions expressed by the most widely read Polish newpapers on the issue of Ukraine-Russian relations and events in Crimea in the period from early December 2013 till late March 2014. The author has brought to light attitudes to the events in Ukraine perceived while having in mind preserving security of Poland in political, economic and societal aspects. The EC policy towards the Russian Federation and...
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Kompetencje pracowników 55+ w opinii pracowników z młodszych grup wiekowych
PublikacjaCelem artykułu jest próba pokazania, że istotne znaczenie w kształtowaniu konkurencyjności przedsiębiorstw mają kompetencje pracowników w wieku 55+. Opracowanie polemizuje z przekonaniem niektórych pracodawców, że pracownicy w starszym wieku są mniej wydajni, gorzej przygotowani do wykonywania pracy, czy wreszcie z trudem akceptowani przez klientów i pracowników w młodszym wieku . W artykule zaprezentowano wyniki badań zrealizowanych...
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Metodologiczne aspekty opisowego modelowania w naukach ekonomicznych
PublikacjaPrzedmiot badań ekonomicznych, jako system złożony, podlega modelowaniu. Etapy dekompozycji i jakościowego opisu modelowanego systemu, w tym systemu gospodarczego, są nieodzowne w prawidłowym prowadzeniu badań naukowych. Z drugiej strony modelowanie w ekonomii nie powinno być pozbawione matematycznego języka opisu, ponieważ konstruując model wyjaśniający, należy posługiwać się zarówno modelem opisowym, jak i sformalizowanym. Tak...