scholarly journals Country innovative development: impact of the shadow economy

Author(s):  
Alina Vysochyna ◽  
Olena Kryklii ◽  
Mariia Minchenko ◽  
Aygun Akbar Aliyeva ◽  
Kateryna Demchuk

This article generalizes arguments and counterarguments within the scientific discussion regarding the determination of the influence of illegal economic activity and expansion of the shadow economy on innovative country development. The systematization of the scientific works on the above problems proves that there is no one no complexity and unity in the above-mentioned scientific findings, which, in turn, demonstrates the necessity of further theoretical and empirical search in this sphere. Thus, it was developed a scientific hypothesis about the negative influence of the shadow economy on innovative country development. In order to test this hypothesis it was developed a scientific and methodological approach that consists of several stages: 1) correlation analysis in order to eliminate multicollinearity problem between control variables; 2) analysis of dataset descriptive statistics; 3) running Hausman test in order to clarify specification of the regression model (fixed or random effects model); 4) realization of the panel data regression analysis for the whole country sample and separately for Ukraine, characteristics of its results. Technically all stages of the research are realized with the help of Stata 12/S.E. software. The country sample consists of 9 countries (Azerbaijan, Estonia, Hungary, Latvia, Lithuania, Poland, Slovak Republic, Slovenia, and Ukraine). Time horizon – 2008-2018. Running of the panel data regression analysis (model specification – with fixed effects) allow confirming research hypothesis for the whole country sample (an increase of shadow economy negatively affected innovative country development: an increase of shadow economy to GDP ratio in 1 % leads to the decrease of the Global Innovation Index in 0.5 points). However, it was not proved for Ukraine separately. It leads to the conclusion that innovative development in Ukraine does not highly dependent on the shadow economy scale because of more significant obstacles on the way to innovation adoption (institutional inefficiency, regulatory drawbacks, etc.). Keywords: innovative economic growth, innovative state management, panel data analysis, shadow economy.

2018 ◽  
Vol 6 (1) ◽  
pp. 6 ◽  
Author(s):  
Siti Sarah Mat Isa ◽  
Masturah Ma’in ◽  
Azlina Hanif

One of the non-operating income in Islamic banking operation, which is fee income has become progressively vital in expanding their income to counter decreasing net earnings due to rivalry from other financial competitors. However, it is important for Islamic banks to find out any potential risk that will distress their performance due to this activity. This is because, mixed results on this issue derived from the previous studies especially in the Western context such as in the US, Germany and other European countries. Using Indonesian Islamic bank’s quarter data between 2009 and 2013, this study adopts the panel data regression analysis to examine the relationship between Indonesian Islamic banks fee income and risk. The empirical results signified that fee income activities able to reduce Indonesian Islamic bank’s risk.  


2020 ◽  
pp. 304-311
Author(s):  
Liudmyla Starchenko

This article generalizes arguments and counter-arguments within the scientific discussion regarding the determination of the influence of gender proxies of sustainable entrepreneurship on country's innovative development. Systematization of the scientific findings on the above-mentioned problems proves that there is a lack of empirical studies aimed at familiar issues, which, in turn, proves the necessity of further theoretical and empirical search in this sphere. Thus, it was developed a scientific and methodical approach based on the combination of correlation and panel data regression analysis in order to test the hypothesis about gender determinants' influence on a country's innovative development. In order to test this hypothesis it was developed a scientific and methodological approach that consists of several stages: 1) correlation analysis in order to eliminate multicollinearity problem between control variables; 2) analysis of dataset descriptive statistics; 3) realization of the panel data regression analysis and characteristics of its results. This research is realized within the Stata 12/SE software. The country sample consists of 9 countries (Czech Republic Estonia, Hungary, Latvia, Lithuania, Poland, Slovak Republic, Slovenia, and Ukraine). Period of observation – 2008-2018. Panel data regression analysis results help to reveal that there are no significant relationships between gender proxies of sustainable entrepreneurship and country innovative development. Specifically, it was revealed that an increase in 1 % of female labor force participation leads to 0.9 points increase of Global Innovation Index with 99 % confidence probability; an increase of GINI Index in 1 % results in an increase of Global Innovation Index in approximately 0.5 points with 90 % confidence probability, while female labor force basic education and female unemployment have no statistically significant impact on it. This leads us to the conclusion that the gender perspective of sustainable entrepreneurship should be developed in a more rapid manner in order to transform it into a vital mechanism of a country's innovative and sustainable development. Keywords: gender aspects, innovative economic growth, innovative state management, panel data analysis, sustainable entrepreneurship.


Author(s):  
Laura Magazzini ◽  
Randolph Luca Bruno ◽  
Marco Stampini

In this article, we describe the xtfesing command. The command implements a generalized method of moments estimator that allows exploiting singleton information in fixed-effects panel-data regression as in Bruno, Magazzini, and Stampini (2020, Economics Letters 186: Article 108519).


2016 ◽  
Vol 12 (1) ◽  
pp. 61-80 ◽  
Author(s):  
Asri Maharani ◽  
Gindo Tampubolon

AbstractHoping to improve their health system performance, many countries have corporatised their hospitals in the past 20 years. What this means for hospital performance remains as yet largely unknown. This study looks into the association of corporatisation and hospital performance in Indonesia. We apply panel data regression analysis to survey data on 54 public hospitals in East Java province. Our analysis suggests that corporatisation is associated with higher hospital income and expenditure, but fails to improve efficiency and equity. These findings suggest that hospital corporatisation policy in Indonesia should increase emphasis on efficiency and equity rather than on financial performance alone.


Author(s):  
Boye AYANTOYINBO ◽  
Adeolu GBADEGESIN

The contributions of logistics functions to the performance of an organization have been the subject of research over the years. Thus, this present study further examined the effect of outbound logistics functions on financial performance of quoted manufacturing companies in Nigeria. Panel data regression analysis was employed to test the effect of logistics functions on financial performance of the selected companies over a period of five years (2015-2019). Logistic functions costs and financial performance indicators were extracted from secondary data.  The findings of the study showed that logistics function has a positive and significant effect on financial performance of manufacturing companies in Nigeria. Therefore, the companies are implored to pay more attention to logistics functions when aiming at a better financial performance.


2020 ◽  
Vol 7 (6) ◽  
pp. 1128
Author(s):  
Wheni Yeisa ◽  
Lina Nugraha Rani

Economic growth is an indicator that plays an important role in determining the prosperity of a country. This study aims to analyze the effect of labour force, international trade, and inflation towards economic growth in OIC countries over the period 2007 to 2018. Panel data regression analysis approach was adopted to analyze the effect of independent variables on the dependent variable. The results of the fixed effect estimation model found that all variables simultaneously had a significant effect on economic growth. Partially, labour force and internasional trade have a significant effect, while inflation has no significant effect on economic growth. The results of this study can be used as a reference and evaluation materials for policy makers.Keywords: Labour Force, International Trade, Inflation, Economic Growth, Organizations of Islamic Cooperation


2015 ◽  
Vol 11 (27) ◽  
pp. 18
Author(s):  
Sapto Jumono ◽  
Noer A. Achsani ◽  
Dedi B. Hakim ◽  
Muhamad Fidaus

<p>The objective of this research is to examine the influence of market structure on Indonesian commercial banking performance by using concentration ratio and individual market share through deposits market channel and credits market channel. There were 101 banks chosen from 120 banks in a period of 2001-2012 as sampling of research by using purposive sampling. This research uses data panel that combines data cross section and data time series, therefore panel data regression is used in this research. The result of panel data analysis has allowed us to conclude that concentration ratio of deposits market has a significant and positive influence on ROA, meanwhile concentration ratio of credits market, individual market share of deposits, and individual market share of credits market have no significant effects on ROA.</p>


Akuntabilitas ◽  
2021 ◽  
Vol 14 (1) ◽  
pp. 13-26
Author(s):  
Anita DeGrave ◽  
Raja Vanaldo Boang Manalu ◽  
Rein J Wekan

This study aims to test and analyze the effect of local revenue and flypaper effect on the opportunistic behavior of budget makers. The data used in this research is panel data from eleven districts/cities in Maluku province from 2014 to 2020. The analysis method used is panel data regression analysis. The results showed that: (1) Local Own Revenue has a positive and significant effect on the Opportunistic Behavior of Regency/City Budget Formers in Maluku. This means that the higher the District/City Original Revenue, the higher the Opportunistic Behavior of Budget Compilers; (2) The Flypaper Effect has a positive and significant effect on the Opportunistic Behavior of Regency/City Budget Formers in Maluku. This means that the higher the occurrence of flypaper effect in regencies/cities in Maluku, the higher the opportunistic behavior of budget makers; and (3) Simultaneously the Regional Original Income and the Flypaper Effect influence the Opportunistic Behavior of Regency/City Budget Formers in Maluku. 


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