scholarly journals Evaluation of the impacts of the COVID-19 pandemic on the development of the unemployment rate in Slovakia: counterfactual before-after comparison

Equilibrium ◽  
2021 ◽  
Vol 16 (2) ◽  
pp. 261-284
Author(s):  
Lucia Svabova ◽  
Eva Nahalkova Tesarova ◽  
Marek Durica ◽  
Lenka Strakova
Keyword(s):  
Unemployment Rate ◽  
Value Added ◽  
Real Data ◽  
Published Data ◽  
Manufacturing Companies ◽  
Monthly Basis ◽  
Study Results ◽  
Long Time ◽  
Almost All ◽  
The Impact

Research background: The COVID-19 pandemic, which hit the world in the first quarter of 2020, has impacted almost every area of people's lives. Many states have introduced varying degrees of measures to prevent its spread. Most of these measures were, or still are, aimed at reducing or completely stopping the operation of shops and services, or in some cases, also the large manufacturing companies. However, as many companies have failed to cope with these restrictions, unemployment has risen in almost all EU countries. A similar situation was also observed in Slovakia, where the mentioned measures also had a significant impact on unemployment. Purpose of the article: In this study, we deal with the quantification of the impact of a pandemic, or more precisely, anti-pandemic measures, on the development of the registered unemployment rate in Slovakia. Methods: This quantification is based on the counterfactual method of before-after comparison, which is one of the most widely used methods in the field of impact assessments and brings very accurate results, based on real data. In the analysis, we use officially published data on the unemployment rate in Slovakia during the years 2013?2020 on a monthly basis. Such a long time series, using statistical methods of its decomposition and modelling of its trend, will allow predicting the development of the unemployment rate in Slovakia, assuming a counterfactual situation of no pandemic, and compare this development with the actual situation that occurred during 2020. Findings & Value added: The study results indicate an increase in the unemployment rate in Slovakia during 2020 by 2?3% compared to the trend of its development, which would have occurred without a pandemic. Given the counterfactual method used, this difference can be described as the impact of the COVID-19 pandemic. The results of the study can be used in practice in the design and implementation of measures introduced to mitigate the impacts of the pandemic on unemployment and, in the long-term perspective, also to eliminate these effects as much as possible. It can also be used as a theoretical tool in conducting impact assessments, which have so far been carried out very rarely in Slovakia.

scholarly journals The Impact of COVID-19 on the Romanian Hospitals’ Expenses. A Case Study Toward the Financial Resilience after the Pandemic

2021 ◽  
pp. 22-36
Author(s):  
Attila GYÖRGY ◽  
◽  
Liliana SIMIONESCU ◽  
Keyword(s):  
Human Resources ◽  
Slow Growth ◽  
Growth Potential ◽  
High Scale ◽  
Monthly Basis ◽  
Goods And Services ◽  
Almost All ◽  
Medical Infrastructure ◽  
The Impact

The Coronavirus disease 2019 (COVID-19) affect­ed almost all activities worldwide. The medical sec­tor was one of those which were most significantly impacted because the medical infrastructure was not sized for such a high scale shock, specialized human resources and medical infrastructure prov­ing to be much undersized and with slow growth potential. Many changes were required, important financial resources being mobilized in order to mo­tivate medical staff, offer treatments for the most severely affected patients, but also to create new fa­cilities where the increasing number of sick persons could be cured. In our research we want to offer a hospital cost perspective based on empirical analysis of the COVID-19 impact on different categories of expens­es made by Romanian hospitals that treated patients with COVID-19 in different stages of their disease. The period analyzed was January 2019 to December 2020 on a monthly basis. Our results showed that expenses with goods and services, drugs, reagents and human resources are influenced by COVID-19 in a significant manner.

scholarly journals CHANGE IN COMMUNICATION MANAGEMENT ROLES DUE TO GLOBALIZATION: A CASE OF COMMUNICATION MANAGEMENT COMPETENCIES MAPPED BY INTERNATIONAL PROFESSIONAL PUBLIC RELATIONS ASSOCIATIONS (2015–2020)

2021 ◽  
Vol 15 (2) ◽  
pp. 65-86
Author(s):  
Renata Matkevičienė ◽  
Lina Jakučionienė
Keyword(s):  
Public Relations ◽  
Value Added ◽  
Management Competencies ◽  
Communication Management ◽  
Study Results ◽  
Managerial Training ◽  
Management Roles ◽  
The Impact ◽  
Constant Improvement

Research background: The role of communication has now become much more critical than during previous periods, not only to compete with other organisations in the stream of communicating messages but also to develop and implement organisational strategies and support the organisation’s top-level managers and decision-makers. The goal of public relations (PR) associations is to develop PR professionals’ competencies. Comprehensive research at the European level signals the need for constant improvement of competencies, especially business development and technologies (Zerfass et al., 2020; Adi, 2019). A vast majority of practitioners across Europe highlight the importance of digitalising stakeholder communications and building a digital infrastructure to support internal workflows (Zerfass et al., 2021). However, instead of technical and managerial training, PR practitioners continue to overwhelmingly offer communication training and development opportunities (Tench et al., 2013; Zerfass et al., 2018; MacNamara et al., 2017; Feldman, 2017; The USC Annenberg Centre for Public Relations, 2017; Communicating AI, 2019). There are discrepancies between the perceived importance of competencies and the current qualifications of professionals due to digital transformation and changes impacted by globalisation. Purpose: To identify changes in PR specialists' competencies due to the impact of globalisation. Methods: Content analysis of information provided in the webpages of international professional PR associations for the period 2015–2020. Findings and value added: The study results show that professional PR associations do not respond to the challenges of the changing environment in a timely manner by providing training, but present and discuss relevant topics with the help of specialists from other fields while encouraging the sharing of good practices. Such a functioning position occupied by professional PR associations in developing the model of competence for PR specialists reveals that PR associations are engaged in strengthening or maintaining competencies, but not developing them.

scholarly journals The Impact of Intellectual Capital Efficiency in Business Reengineering: An Empirical Study on the Industrial Companies Listed on the ASE

2019 ◽  
Vol 14 (2) ◽  
pp. 187
Author(s):  
Omar Fareed Shaqqour
Keyword(s):  
Intellectual Capital ◽  
Stock Exchange ◽  
Value Added ◽  
Intellectual Ability ◽  
Industrial Firms ◽  
Engineering Approach ◽  
Industrial Companies ◽  
Study Results ◽  
Capital Efficiency ◽  
The Impact

The redesign of administrative strategic processes and polices from the root to realize the value added in the organization is called re-engineering approach, where the employees who have the knowledge, intellectual ability and skills that give them the ability to innovate and achieve the objectives of the organization, is called intellectual capital efficiency.     Knowing the importance of an intellectual capital efficiency of the company and its contribution to provide the requirements of applying re-engineering in the company and its ability to motivate the company to implement this approach, Is important and vital. This study aims to identify the impact of intellectual capital efficiency in re-engineering on industrial firms listed on the Amman Stock Exchange ASE. To achieve this goal, the researcher measured the intellectual capital efficiency by Pulic model, and the business re-engineering through a questionnaire to measure three themes related to re-engineering, the business, extent of support the company's management to apply the business re-engineering approach, the availability of the requirements of re-engineering, and the extent of applying the reengineering approach. The study sample consisted from 50 industrial companies listed on the ASE, during the study period (2014- 2017), the study used SPSS and Excel to identify the descriptive characteristics of the variables of the study, and analysis the data, and it was also used regression analysis to test the hypotheses of the study. Study results concluded that intellectual capital efficiency positively impact in supporting the company's management to apply the business re-engineering approach in the industrial companies listed on ASE, and the results also showed that the intellectual capital efficiency positively impact in the providing of the business re-engineering requirements in these companies, finally, the study finds that intellectual capital efficiency positively impact in the applying the business reengineering approach in these companies. The study recommended to increase the interest for intellectual capital and business reengineering, and the study also recommended to increase awareness among workers in the accounting departments of the importance of the subject of intellectual capital efficiency and business reengineering.

scholarly journals Impact of the COVID-19 Pandemic on the Education of Plastic Surgery Trainees in the United States (Preprint)

2020 ◽  
Author(s):  
Alireza Hamidian Jahromi ◽  
Alisa Arnautovic ◽  
Petros Konofaos
Keyword(s):  
United States ◽  
Plastic Surgery ◽  
Training Programs ◽  
The United States ◽  
Fellowship Training ◽  
Educational Activities ◽  
Journal Clubs ◽  
Long Time ◽  
Almost All ◽  
The Impact

UNSTRUCTURED The current COVID-19 pandemic has vastly impacted the health care system in the United States, and it is continuing to dictate its unprecedented influence on the education systems, especially the residency and fellowship training programs. The impact of COVID-19 on these training programs has not been uniform across the board, with plastic surgery residency and fellowship programs among the hardest hit specialties. Implementation of social distancing regulations has affected departmental educational activities, including preoperative, morbidity and mortality conferences and journal clubs; operating room educational activities; as well as the overall education of plastic surgery trainees in the United States. Almost all elective and semielective surgeries across the United States were suspended for a few months during the COVID-19 pandemic; this constitutes a significant portion of plastic surgery cases. Considering the current staged reopening policies, it may be a long time, if ever, before restrictions are completely lifted. In this paper, we review the multidimensional impact of the current COVID-19 pandemic on the training programs of plastic surgery residents and fellows in the United States and worldwide, along with some potential solutions on how to address existing challenges.

scholarly journals Spatial diversity of effectiveness of forms of professional activisation in Poland in years 2008–2014 by poviats

2019 ◽  
Vol 10 (1) ◽  
pp. 113-130
Author(s):  
Beata Bieszk-Stolorz ◽  
Krzysztof Dmytrów
Keyword(s):  
Unemployment Rate ◽  
Value Added ◽  
Spatial Diversity ◽  
Active Labour Market Policy ◽  
North East ◽  
The North ◽  
Active Labour ◽  
The Impact ◽  
Fold Cross Validation

Research background: Because the active labour market policy requires high resources, it is important to analyse the effectiveness of its instruments. For the unemployment, it is essential to identify the groups of persons threatened by the long-term unemployment, to assess the impact of programmes on exit from unemployment and monitoring the disbursement of funds. Purpose of the article: The goal of the article was identification of clusters of poviats in Poland with respect to cost and employment effectiveness of basic forms of professional activisation in the years 2008–2014. Methods: The poviats were clustered by means of the k-means method. Variables were standardised and the number of clusters was determined by means of the v-fold cross-validation. Findings & Value added: The analysis did not allow to unambiguously specify areas in Poland with better use of funds allocated in the activisation programmes. The poviats in the middle-east Poland were generally characterized by worse values of effectiveness. However, the unemployment rate in these areas was relatively small. On the contrary, the poviats in the north-east Poland had high unemployment rate and the funds were used effectively. Assessment of effectiveness of forms of professional activisation is very important because the activities of poviat labour offices influence the counteraction to unemployment.

The impact of inflation on Islamic banks’ home financing risk: Before and during the COVID-19 outbreak

2021 ◽  
Vol 16 (2) ◽  
pp. 78-90
Author(s):  
Faaza Fakhrunnas ◽  
Yunice Karina Tumewang ◽  
M. B. Hendrie Anto
Keyword(s):  
Islamic Banks ◽  
Dynamic Panel ◽  
Response Factors ◽  
Monthly Basis ◽  
Macroeconomic Risk ◽  
Study Results ◽  
Financing Risk ◽  
Variance Decompositions ◽  
The Impact ◽  
Research Grant

The COVID-19 outbreak has had a severe impact on nearly all industries, including Islamic banking, which plays a significant role but is exposed to higher risk. This study aims to evaluate the credit risk that Islamic banks in Indonesia have been exposed to related to home financing before and during the COVID-19 outbreak. Panel data are employed covering the period January 2016 to September 2020 on a monthly basis. The data were analyzed using a dynamic panel approach to present a distinct picture of Sharia-compliant property financing before and during the COVID-19 outbreak. In general, the findings show that the macroeconomic variable reflected by regional inflation has had a different influence in the two periods, with Islamic banks having had much more exposure to macroeconomic risk, specifically in home financing, during the epidemic. In addition, the different influences are also shown by the study results, which show that provinces on Java Island face less risk exposure than those outside Java. In terms of impulse response factors and variance decompositions’ result, before the outbreak, the response of home financing risk to inflation tended to be more stable. However, during the outbreak, the movement has tended to fluctuate more, especially outside Java Island. The same result for variance decompositions shows a similar trend, with inflation tending to have a larger impact during the outbreak. AcknowledgmentsWe are grateful to the Direktorat Penelitian dan Pengabdian Masyarakat (DPPM) Universitas Islam Indonesia No. 001/Dir/DPPM/70/Pen.Unggulan/XII/2020 for support and providing a research grant for the study.

scholarly journals Modelling gastrointestinal parasitism infection in a sheep flock over two reproductive seasons:in silicoexploration and sensitivity analysis

Parasitology ◽  
2016 ◽  
Vol 143 (12) ◽  
pp. 1509-1531 ◽  
Author(s):  
M. SACCAREAU ◽  
C. R. MORENO ◽  
I. KYRIAZAKIS ◽  
R. FAIVRE ◽  
S. C. BISHOP
Keyword(s):  
Sensitivity Analysis ◽  
Control Strategies ◽  
Real Data ◽  
Published Data ◽  
Model Parameters ◽  
Sheep Flock ◽  
Source Of Infection ◽  
Teladorsagia Circumcincta ◽  
Host Nutrition ◽  
The Impact

SUMMARYIn reproducing ewes, a periparturient breakdown of immunity is often observed to result in increased fecal egg excretion, making them the main source of infection for their immunologically naive lambs. In this study, we expanded a simulation model previously developed for growing lambs to explore the impact of the genotype (performance and resistance traits) and host nutrition on the performance and parasitism of both growing lambs and reproducing ewes naturally infected withTeladorsagia circumcincta. Our model accounted for nutrient-demanding phases, such as gestation and lactation, and included a supplementary module to manage the age structure of the ewe flock. The model was validated by comparison with published data. Because model parameters were unknown or poorly estimated, detailed sensitivity analysis of the model was performed for the sheep mortality and the level of infection, following a preliminary screening step. The parameters with the greatest effect on parasite-related outputs were those driving animal growth and milk yield. Our model enables different parasite-control strategies (host nutrition, breeding for resistance and anthelmintic treatments) to be assessed on the long term in a sheep flock. To optimizein silicoexploration, the parameters highlighted by the sensitivity analysis should be refined with real data.

scholarly journals Opportunities for the integration of the Ukrainian industry into global value chains

2018 ◽  
pp. 65-74 ◽  
Author(s):  
Оksana Kushnirenko ◽  
Olga Zarudna
Keyword(s):  
Production Systems ◽  
Negative Impact ◽  
Value Added ◽  
Global Value Chains ◽  
Value Chains ◽  
Manufacturing Companies ◽  
Production Networks ◽  
Processing Industry ◽  
Pass Through ◽  
The Impact

Relevance of the research topic is due to the impact of globalization which had brought an increasing number of more and more products pass through global value-added chains to reach the end users. That  has led to new forms of transnational production,  that gives new opportunities for Ukrainian producers. Formulation of the problem. The utilizing the opportunities and mitigating the negative impact of the liberalization of foreign trade makes new requirements  for production oriented businesses in a more open and competitive international environment. The development of global production systems provides opportunities for participating in global value chains, that opens up new opportunities for the industry of Ukraine and requires further scientific researches. Analysis of recent research and publications. There are various dimensions to the development of global value chains of industry that need to be taken into account. The most important of these are P.Marsh, R.Kaplinski and Morris, K.Schwab, R.Rajk, D.Rodrik, E.Rajnert, S.Veber, P Labasta, G. Dzerffi, Geets VM, Vishnevsky AS, Deineko LV, Kizim NA, Kvasha TK, Lyashenko VI, Musina LA, Pyatnitsky VT, Sidenko V.R. and others. Selection of unexplored parts of the general problem. In the context of increasing influence of integration processes on the development of international trade and production, the problem of choosing the most effective ways of integration into global value chains for the processing industry of Ukraine as a reliable supplier of products with a higher degree of processing remains insufficiently studied. Setting the task, the purpose of the study. The objective of the article is to analyze the features of the formation of value added chains and ways of integrating them into the processing industry of Ukraine as a reliable supplier of products with a higher degree of processing. The purpose of the study is developing the proposals for possible constructive ways of promoting the integration of Ukrainian processing industry into global value-added chains. Method or methodology for conducting research. This paper used of general scientific: abstract-logical, induction and deduction, systemic approach; analysis, and synthesis and special scientific research methods: statistical comparisons, grouping, sampling; structure-functional analysis, expert judgments. Presentation of the main material (results of work).The existing approaches to the definition of the notion of value added chains are disclosed and their grouping is carried out on significant grounds; The features and modern trends in the development of global value chains in the processing industry are explored; The opportunities and the existing risks have been identified in the chain of value added for the developing countries; and substantiated practical recommendations for choosing the most effective ways of integration into global value chains for the processing industry of Ukraine as a reliable supplier of products with a higher degree of processing. The field of application of results. The results of this research can be applied in the process of formation and implementation of Ukraine's integration industrial policy. Conclusions according to the article. In the article authors was made in  assessment of the integration of Ukrainian manufacturing companies into global value chains. The adoption of effective tools and instruments for encouraging the entry of Ukraine's processing industry into global value chains provides for the creation of effective policies and institutions, aimed at eliminating restrictions in the the Ukrainian producers integration into international production networks. 

scholarly journals Desarrollo rural y actores locales. Los interrogantes de una Organización Institucional de Competencia Económica Dinámica en crisis: El caso SanCor en la provincia de Santa Fe, Argentina

2019 ◽  
pp. 11-28
Author(s):  
Mario Lattuada ◽  
Juan Mauricio Renold
Keyword(s):  
Value Chain ◽  
Buenos Aires ◽  
Local Development ◽  
Santa Fe ◽  
Territorial Development ◽  
Cooperative Society ◽  
Long Time ◽  
Organisational Process ◽  
Almost All ◽  
The Impact

El estudio de caso de SanCor Cooperativas Unidas Limitada es relevante por varios motivos. El primero, por la importancia económica y social que tiene en el sector lácteo nacional y en las localidades del interior donde radican sus plantas en las tres provincias más importantes de la Argentina: Santa Fe, Córdoba y Buenos Aires. En segundo lugar, constituye un ejemplo de un proceso organizacional evolutivo que atraviesa distintos estadios, nace como cooperativa de segundo grado y, luego de casi un siglo de existencia, se reconvierte en una cooperativa de primer grado, para terminar finalmente enajenando la casi totalidad de sus activos y gerenciamiento a otras empresas del sector. Tercero, su evolución comprueba una hipótesis planteada hace tiempo sobre el resultado de una de las dos opciones posibles de evolución que presentaban los tipos de Organizaciones Institucionales en Mutación en las tipologías cooperativas propuestas por Lattuada y Renold (2004). Finalmente, como actor destacado del desarrollo territorial local y regional que culmina en un escenario de crisis irreversible, y dada la envergadura alcanzada por la organización, el impacto de su desmembramiento, enajenación y cambio de naturaleza cooperativa, deja enseñanzas y abre numerosos interrogantes sobre sus efectos en la cadena de valor láctea y en el desarrollo de las comunidades donde se encuentra inserta. The case study of SanCor Cooperativas Unidas Limitada is relevant due to several reasons. First of all, SanCor Cooperativas Unidas Limitada has got a big economic and social importance in the national milk production sector as well as in provincial towns located in the three major Argentine provinces: Santa Fe, Córdoba and Buenos Aires. Secondly, it is an example of an evolving organisational process going through different degrees: emerging as a second-degree co-operative society, a century after, it becomes a first-degree co-operative society, and finally, it disposes of almost all of its assets as well as its management to other companies of the dairy sector. Thirdly, its evolution verifies a hyothesis that had been stated long time ago about the results of one of the two possible evolution choices which could be carried out by the types of Everchanging Institutional Organisations, according to the co-operative societies typologies proposed by Lattuada and Renold (2004). Lastly, as a leading actor of territorial development, it ends up with an irreversible crisis scenario. Due to the big size reached by this organisation, the impact of its breakup, its disposal and its change in its cooperative society nature, it teaches us some lessons, and poses numerous questions about its effects on the dairy value chain as well as on the local development of those communities where it is inserted.

scholarly journals Evaluating Labour Market Flexibility Using the TOPSIS Method: Sustainable Industrial Relations

2022 ◽  
Vol 14 (1) ◽  
pp. 526
Author(s):  
Anna Galik ◽  
Monika Bąk ◽  
Katarzyna Bałandynowicz-Panfil ◽  
Giuseppe T. Cirella
Keyword(s):  
Labour Market ◽  
Industrial Relations ◽  
National Level ◽  
Published Data ◽  
Topsis Method ◽  
Employment Policies ◽  
Labour Market Flexibility ◽  
Long Time ◽  
The Impact ◽  
European Union Member States

This study evaluates labour market flexibility using the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS), a multi-criteria decision analysis (MCDA) method. TOPSIS is employed by comparing spatial (i.e., different countries) and temporal (i.e., long-time horizon) terms. Sustainable industrial relations processes are considered in shaping the flexibility of the labour market in 15 European Union Member States from 2009 to 2018. Countries are grouped into classes to provide a basis for benchmarking results against social and employment policies implemented at the national level. A five-step quantitative MCDA method is formulated using published data from the Organisation for Economic Co-operation and Development. The results indicate that the TOPSIS method is an appropriate approach for measuring labour market flexibility internationally. Moreover, in relation to workforce phenomena, the findings show that the method offers the possibility of examining the impact of particular factors related to social and employment policies of a country in terms of sustainable development and socioeconomic growth. The lack of precision tools to forecast the development of national and transnational labour markets—particularly during the COVID-19 era—highlights the importance of such a method for workforce planners and policymakers. Developing sustainable industrial relations in terms of associated national externalities is the motivation of the research.

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