scholarly journals Impact of Globalization and Internationalization Processes on Added Value in EU Countries

2021 ◽  
Vol 92 ◽  
pp. 09008
Author(s):  
Yaroslava Kostiuk ◽  
Eva Kalinová ◽  
Jiří Kučera
Keyword(s):  
Value Added ◽  
Conclusive Evidence ◽  
Eastern Bloc ◽  
Added Value ◽  
The European Union ◽  
Level Of Involvement ◽  
Eu Countries ◽  
The Impact ◽  
Enterprise Size ◽  
The Eu

Research Background: The paper focuses on the specification of categories of the globalization and internationalization process in terms of origin, development, definition and content. Using European Commission statistics for the period 2013-2017, the EU28 countries are divided into countries that started the EU (Germany, France, Italy, Belgium, the Netherlands, Luxembourg) and countries that joined the EU before 2000 (Denmark, Norway, Finland, Portugal, Austria, Greece, Spain, Sweden, Great Britain), and other countries of the so-called former Eastern bloc (Czech Republic, Slovakia, Hungary, Poland). For such defined EU countries, a different level of involvement in the globalizing common economy of the European Union as well as a different level of involvement in foreign markets, depending on the level of national economies, can be expected. Purpose of the Article: A test set of 338,788 companies from across the EU was used to analyse value added associated with each indicator (value added at factor cost, gross (average) value added per person employed, number of workers, enterprise size classes and selected industries, namely manufacturing, construction, engineering, transportation and logistics). The membership of the countries in the European Monetary Union was also taken into account. Methods: Mathematical and statistical methods of correlation analysis and paired T-test were used for value added analysis. Findings & Value Added: The outputs of the analysis indicated a high level of statistical conclusive evidence in terms of the impact of value added on each enterprise size class across the sectors concerned as well as on the structure of production and the number of active workers.

scholarly journals MACROECONOMIC ANALYSIS OF THE EFFECTIVENESS OF TAX ECONOMIC REFORMS IN EU COUNTRIES

2019 ◽  
pp. 36-45
Author(s):  
I. Marekha ◽  
V. Myrhorodska
Keyword(s):  
European Union ◽  
Correlation Analysis ◽  
Environmental Taxes ◽  
Environmental Tax ◽  
The European Union ◽  
Macroeconomic Factors ◽  
Eu Countries ◽  
European Union Countries ◽  
The Impact ◽  
The Eu

The article substantiates the necessity to introduce systematic and effective tax eco-reforms in the context of resource-oriented economic development by the European Union countries. The performance and effectiveness of the reforms are estimated in relation to the main four groups of environmental taxes: energy taxes, pollution taxes, resource taxes and transport taxes. The macroecological policy of the European Union countries is the object of the undertaken analysis. The article examines the impact of macroeconomic factors on environmental taxes across the EU, using a correlation analysis toolkit. Four groups of macroeconomic parameters were selected for analysis: internal macroeconomic factors (nominal GDP, real GDP, inflation, business cycle stage, budget deficit, energy consumption level); external macroeconomic factors (government debt, exports, foreign direct investments); institutional macroparameters (environmental culture, shadow economy, trust in government) and fiscal macroparameters (tax culture and fiscal freedom). The economic interpretation of the obtained correlates is given. Based on the correlation analysis, stimulators and de-stimulators of tax environmental reforms across the EU were identified. It is established that the factors that positively influence on the tax environmental reforms are the overwhelming majority of the analyzed factors. The formation of indicators of the effectiveness of tax environmental reforms is undertaken for six countries of the Community. In particular, the analysis covers three economic leaders (Germany, the United Kingdom and France) and three leading EU countries in the field of environmental tax collection (Latvia, Greece and Slovenia). The article presents approaches to improving the assessment of the effectiveness of tax environmental reforms based on the consideration of fiscal (budget-filling) and reproductive (multiplicative) functions of environmental taxes. In this regard, the environmental tax multiplier and accelerator, as well as the GDP elasticity coefficient for environmental taxes, were calculated for the analyzed group of countries. The criteria of economic efficiency of tax eco-reforms are proposed. Keywords: environmental taxes, macroeconomic effect, macro-environmental policy, multiplier, accelerator, elasticity

scholarly journals The Use of Artificial Neural Networks to Analyze Greenhouse Gas and Air Pollutant Emissions from the Mining and Quarrying Sector in the European Union

Energies ◽  
2020 ◽  
Vol 13 (8) ◽  
pp. 1925 ◽  
Author(s):  
Jarosław Brodny ◽  
Magdalena Tutak
Keyword(s):  
Neural Networks ◽  
European Union ◽  
Greenhouse Gas ◽  
Value Added ◽  
Air Pollutant ◽  
Pollutant Emissions ◽  
Mining Activities ◽  
The European Union ◽  
Eu Countries ◽  
The Eu

The European Union (EU) is considered one of the most economically developed regions worldwide. It was driven by the mining industry for several decades. Despite certain changes in this area, a number of mineral and energy resources are still being mined in the EU. Nevertheless, mining activities are accompanied by many unfavorable phenomena, especially for the environment, such as greenhouse gas and air pollutant emissions. The great diversity of the EU countries in terms of the size of the “mining and quarrying” sector means that both the volume and structure of these emissions in individual countries varies. In order to assess the current state of affairs, research was conducted to look at the structure and volume of these emissions in individual EU countries. The aim of the study was to divide these countries into homogenous groups by structure and volume of studied emissions. In order to reflect both the specificity and diversity of the EU countries, this division was based on the seven most important gases (CO2, CH4, N2O, NH3, NMVOC, CO, NOx) and two types of particulate matter (PM 2.5, PM 10) emitted into the atmosphere from the sector in question. The volume of studied emissions was also compared to the number of inhabitants of each EU country and the gross value added (GVA) by the mining and quarrying sector. This approach enabled a new and broader view on the issue of gas and air pollutant emissions associated with mining activities. The artificial Kohonen’s neural networks were used for the analysis. The developed method, the analyses and the results constitute a new approach to studying such emissions in the EU. Research that looks only at the emission of harmful substances into the environment in relation to their absolute values fail to fully reflect the complexity of this problem in individual EU countries. The presented approach and the results should broaden the knowledge in the field of harmful substance emissions from the mining and quarrying sector, which should be utilized in the process of implementing the new European climate strategy referred to as “The European Green Deal”.

scholarly journals The Relationship of Agricultural and Non-Agricultural Income and Its Variability in Regard to Farms in the European Union Countries

Agriculture ◽  
2021 ◽  
Vol 11 (3) ◽  
pp. 196
Author(s):  
Katarzyna Smędzik-Ambroży ◽  
Anna Matuszczak ◽  
Ryszard Kata ◽  
Piotr Kułyk
Keyword(s):  
Agricultural Sector ◽  
Added Value ◽  
Production Volume ◽  
The European Union ◽  
Family Farms ◽  
Eu Countries ◽  
Agricultural Income ◽  
Production Values ◽  
Farm Accountancy Data Network ◽  
The Impact

Many authors emphasize that reducing the income deprivation of the agricultural sector in relation to the non-agricultural sectors is a prerequisite to the growth of sustainability of agriculture. Thus, this raises the question: despite the impact of the Common Agricultural Policy (CAP) on the value of agricultural income in EU countries, is there still income deprivation for agriculture in relation to non-agricultural sectors? If so, is its depth comparable among farms with a different scale of production from the same EU country or among farms with the same scale of production from different countries? The answers to these questions constitute the added value of the article. The aim of the paper is to compare the ratio of agricultural income to non-agricultural income in regard to family farms in EU countries. Results show that the CAP solutions do limit the agricultural income disparities but that there are significant differences in the income deprivation of farms with different production values in the same country. These differences also apply to farms with a similar production volume in different countries. This publication includes critical analysis of literature, spatial-analysis and panel regression. The time scale of the research is 2004–2017, the spatial scope is individual EU countries and the subjective scope is representative EU Farm Accountancy Data Network (FADN) farms.

scholarly journals AN OVERVIEW OF FISCAL CONSOLIDATION PROCESS IN THE EUROPEAN UNION

2014 ◽  
Author(s):  
Iulia Andreea Bucur ◽  
Mircea Muntean
Keyword(s):  
Sovereign Debt ◽  
The European Union ◽  
Fiscal Consolidation ◽  
Consolidation Process ◽  
Fiscal Effort ◽  
Eu Countries ◽  
Eu Member States ◽  
The Impact ◽  
The Eu

This paper aims to explore, based on theoretical and empirical research in the field and on data available on Eurostat and European Commission, in the context of financial significant imbalances and thus of the financial stress in the EU countries and especially in the Euro area, the main developments in the fiscal consolidation process given the fiscal effort of each country towards fiscal union. Since the financial crisis started in 2008, many EU Member States demonstrates an obvious macroeconomic imbalance which requires increased responsibility regarding fiscal developments. The impact of the crisis and the causes of sovereign debt high levels trends varied between EU countries as well as the budget deficit levels. Thus, the main priority for EU members must be the continuation of differentiated fiscal consolidation, given the specificities of each economy, favoring growth. The medium-term fiscal policy needs to focus on consolidating public finances along with restoring long-term sustainability.

scholarly journals Multidimensional comparative analysis of the competitive capacity of the European Union countries and geographical regions

2017 ◽  
Vol 8 (4) ◽  
pp. 487-504 ◽  
Author(s):  
Katarzyna Cheba ◽  
Katarzyna Szopik-Depczyńska
Keyword(s):  
European Union ◽  
Comparative Analysis ◽  
International Comparisons ◽  
Value Added ◽  
Basic Question ◽  
The European Union ◽  
Eu Countries ◽  
Geographical Regions ◽  
European Union Countries ◽  
The Eu

Research background: The basic question we ask is whether is it possible to talk in today’s globalizing world about the uniform of the competitiveness of the economies? Posing such questions is particularly important in the case of political and economic structures such as the European Union. The competitiveness of the economies is now one of the most frequently discussed topics. In this work, due to the context of the conducted research (international comparisons of the EU countries’ economies) the competitiveness of international economies will be considered in terms of international competitive capacity. In addition to the problems associated with defining this concept, there are also important dilemmas concerned with the measurement of the competitiveness. In the performed comparative analyses of European economies the research results presented within reports of „Global Competitiveness Index” will be used. Purpose of the article: The main purpose of the paper is to conduct a multidimensional comparative analysis of the competitive capacity of the European Union countries and geo-graphical regions of Europe. Methods: In the paper, to study the spatial differentiation of the EU countries and geograph-ical regions of Europe in the context of their competitive capacity, the taxonomic measure of development based on median vector Weber was used. Findings & Value added: As a result, the classification and the typological groups of EU countries and geographical regions of Europe calculated on the basis of the features describing their competitive capacity arises. The value added of these research is the analysis of competitive capacity conducted not only for EU countries, but also for geographical regions of Europe. In the paper, the verification of criteria using by World Economic Forum to assess the competitive capacity of EU economies was also conducted. In this area of the research, because of high level of correlation, many features from initial database were deleted.

scholarly journals Evaluation of cultural sphere development in the European Union countries as a factor of forming social capital and creative industries: experience for Ukraine

2020 ◽  
Vol 184 (7-8) ◽  
pp. 68-78
Author(s):  
Marianna Kichurchak ◽  
Keyword(s):  
Social Capital ◽  
European Union ◽  
National Economy ◽  
Value Added ◽  
Creative Industries ◽  
The European Union ◽  
Eu Countries ◽  
Spatial Differences ◽  
Cultural Sphere ◽  
The Eu

Taking into account the European integration course of Ukraine, it is necessary to evaluate the socio-economic conditions of cultural sphere development in the countries of the European Union, because it is an integral part of creative industries and improvement of social capital. The purpose of this research is to identify the factors of cultural sphere development in the EU countries due to its importance for the system of creative industries and the process of social capital accumulation, outlining the possibilities of European experience adaptation in this sphere for Ukraine. The scientific and methodology approaches were developed to the definition of cultural sphere development factors in the EU countries from the point of view of its influence on the formation of social capital and creative industries. A comparative analysis of socio-economic development of cultural sphere in 2011-2019 was realized, including evaluation of spatial differences in its functioning on the base of variation indicators calculating and tracking their dynamics. The specification of multiple regression models was done, in which the explained variables became employment in cultural sphere (Y1) and the value of its gross value added (Y2). It is found out that the place and significance of the cultural sphere for the national economy of each EU country differ, whereas the environment of its functioning is relatively stable, which contributes to the formation of proper conditions for the accumulation of social capital and the development of creative industries. It is substantiated that spatial differences in cultural sphere development have been intensified in the EU countries due to the different intensity of social capital and creative industries network formation. The multiple regression analysis revealed that a number of explanatory variables (demographic situation, tourism activity, unemployment rate, and education index) influence employment and gross value added of the cultural sphere. It is determined that for the cultural sphere of Ukraine, taking into account the European integration and experience of the EU countries, it is important to ensure the stability of cultural sphere, minimize the effects of the demographic crisis, promote tourism development, and regulate the employment policy, which, due to synergy, will influence the social capital and the positions of creative industries in the national economy.

scholarly journals Comparative advantages in Polish export to the European Union — food products vs selected groups of non-food products

2018 ◽  
Vol 9 (2) ◽  
pp. 287-308
Author(s):  
Iwona Szczepaniak
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Value Added ◽  
Food Products ◽  
The European Union ◽  
Food Sector ◽  
Eu Countries ◽  
Comparative Advantages ◽  
Research Period ◽  
The Eu

Research background: Globalisation and economic integration are the reasons for which the competitiveness of economic entities is analysed more and more often in the context of their relations with the international market. One of the ways to assess the competitiveness of the Polish food sector is an analysis of comparative (relative) advantages in the export of this sector’s products. Purpose of the article: The objective of this paper is to assess comparative advantages in Polish export of food products to the European Union against a background of selected groups of non-food products. Methods: The study used the B. Balassa’s revealed comparative advantage (RCA) index. The study is preceded by a brief review of foreign trade results. The source of data was the WITS-Comtrade commercial database. The analysis was carried out at the level of the HS sections (in commodity terms). The research period covered the years 2003–2015. Findings & Value added: In the years 2003–2015, export of food increased nearly six times and its import — more than 4.5 times. The major partners of Poland as regards trade in food were the EU countries. The food sector was one of few sectors of the economy with the positive trade balance. Polish export to the EU was characterised by a diversified level of comparative advantages. From among 20 HS sections, in 2015 Poland had comparative advantages in export to the EU countries for products from 10 sections (2 food and 8 non-food). Those products accounted for 11% and 70% of Polish export to the EU, respectively. The development of Polish foreign trade in food products during the Polish membership in the EU as well as fairly high comparative advantages in the export of these products to the EU indicate the competitiveness and significant importance of the Polish food sector for the national economy.

THE EUROPEAN UNION MIGRATION POLICY IN TERMS OF COVID-19 PANDEMIC

2021 ◽  
pp. 80-92
Author(s):  
Maxim V. Fomenko ◽  
◽  
Anfisa E. Kriuchkova ◽  
Keyword(s):  
European Union ◽  
Migration Policy ◽  
The European Union ◽  
Open Door Policy ◽  
Key Factors ◽  
Eu Countries ◽  
Migration Crisis ◽  
The Impact ◽  
European Migration ◽  
The Eu

The article is devoted to the impact of the epidemiological situation in the countries of the European Union in connection with the coronavirus COVID-19 pandemic on the migration policy of the integration association. Based on the analysis of documents and statistical materials, the author identified the key factors that determine the transformation of European migration policy at the present stage. In addition to that the author put forward the idea of the EU maintaining the course for the implementation of a set of measures taken in this area before the beginning of the pandemic. The article analyzes some of the consequences of the migration crisis of 2015-2016. Some documents adopted in the EU during and after the migration crisis are cited. A critical understanding of the "open door policy" is given. After the outbreak of the COVID-19 pandemic, the EU countries faced a new challenge. The global lockdown put tens of thousands of migrants in a vulnerable position in EU countries awaiting status. Despite the fact that the primary tasks of accommodating and helping migrants at the beginning of the pandemic were solved, it is worth noting that the European Union did not show proper coordination of actions. For example, a comprehensive approach to the formation of a unified migration policy has not yet been developed.

scholarly journals THE IMPACT OF OFFSHORING ON THE EUROPEAN LABOUR MARKET

2017 ◽  
Vol 16 (3) ◽  
pp. 35-42
Author(s):  
Jakub Kraciuk
Keyword(s):  
European Union ◽  
Eastern Europe ◽  
Labour Market ◽  
Central And Eastern Europe ◽  
Wage Gap ◽  
The European Union ◽  
Skilled Workers ◽  
Eu Countries ◽  
The Impact ◽  
The Eu

This study shows the differences in wages of workers from the EU countries according to various levels of education. It also shows the level of offshoring in the analysed countries and its impact on the salaries. It was found that the largest wage gap between the high-skilled and the low-skilled workers exists both in the countries of Central and Eastern Europe and in the countries such as Germany and Portugal. Results of the analysis show that offshoring contributes to a decrease in wages of workers in the countries of the European Union. Nonetheless, the highest decrease in wages is visible among workers with the lowest skills, and the lowest decrease can be seen among workers with the highest skills.

scholarly journals The role of independent fiscal councils in improving fiscal performance of the European Union countries

Equilibrium ◽  
2019 ◽  
Vol 14 (4) ◽  
pp. 611-630
Author(s):  
Anna Wildowicz-Giegiel
Keyword(s):  
Public Finance ◽  
Global Financial Crisis ◽  
Value Added ◽  
Political Support ◽  
Fiscal Discipline ◽  
Eu Countries ◽  
Fiscal Performance ◽  
The Impact ◽  
The Eu

Research background: Independent fiscal councils are an example of new fiscal institutions, the number of which has rapidly increased around the world, including the EU countries since the global financial crisis of 2008–09. A further deterioration of public finance has provoked many economists to intensify disputes regarding the optimal shape, functions and effectiveness of fiscal councils responsible for promoting sound fiscal policy. Given this, a research focus on independent fiscal councils, active in the public debate in Europe, seems intellectually attractive. Purpose of the article: This article aims to explore the impact of Independent Fiscal Councils on fiscal performance, paying particular attention to their mandate, tasks and institutional models which can strengthen the achievement of fiscal discipline in the EU countries. In connection with this, the question arises about the effectiveness of fiscal councils, especially in the case of institutions that were compulsorily created under the external pressure (at the European level) and found no strong political support in national parliaments. Methods: Descriptive analysis along with panel data analysis were implemented to show the role of fiscal councils in enhancing fiscal discipline in the EU countries in years 2006–17 on the basis of data collected by the European Commission. Findings & Value added: The improvement in fiscal performance and better macroeconomic and budgetary forecasts can be achieved thanks to well-designed fiscal councils supported by appropriate fiscal rules. The conducted analysis confirms that independent fiscal councils are the useful mechanism introducing indirect social control over government revenues and expenditures. This means greater fiscal transparency and lower fiscal illusion between the government and the electorate. Due to the increase in the transparency of public finance, it is possible to reduce the ‘partisan’ deficit bias that contributes to public debt growth. The empirical research extends the existing knowledge on the role of fiscal councils and their impact on fiscal performance.

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