scholarly journals The Impact of Economic Complexity on the Formation of Environmental Culture

2021 ◽  
Vol 13 (2) ◽  
pp. 870
Author(s):  
Athanasios Lapatinas ◽  
Anastasia Litina ◽  
Skerdilajda Zanaj

This paper establishes economic complexity as a powerful predictor of environmental attitudes. While the economic complexity index (ECI) has been associated with a series of economic outcomes, yet there has not been a link in the literature between ECI and environmental attitudes. This research pushes forward the hypothesis that economic complexity shapes cultural values and beliefs. The research method used is a multilevel empirical analysis that associates aggregate values of the ECI, at the country level, with individual responses related to attitudes towards the environment. Our findings suggest that a marginal increase of the ECI, increases by 0.191 the probability to be a member of environmental organisations and an increase by 0.259 in the probability to engage in voluntary work for the environment. To further reinforce our findings by ensuring identification we replicate the benchmark analysis using as a proxy of a country’s level of economic complexity, the average ECI of the neighbouring countries (weighted by population and/or volume of trade). With a similar intention, i.e., to mitigate endogeneity concerns as well as to further frame our findings as “the cultural implications of ECI” we replicate our analysis with a sample of second generation immigrants. The immigrant analysis, suggests that the level of economic complexity of the parents’ country of origin, has a long-lasting effect on second generation immigrants’ attitudes related to the environment. Because humankind’s attitudes and actions are of key importance for a sustainable future, a better understanding as to what drives environmental attitudes appears critical both for researchers and policy makers.

Author(s):  
Martina Formichini ◽  
Giulio Cimini ◽  
Emanuele Pugliese ◽  
Andrea Gabrielli

In this work we identify combinations of technological activities that signal the presence local capabilities in a country to successfully export a product. We use country-level patent and trade data to generate a multi-layer network, and we apply maximization of entropy to generate synthetic data to effectively divide signal from noise. We show that in several sectors the signal far exceed the noise. Our exercise provides robust evidence of the presence of synergies between technologies to explain trade performances in specific markets. This can be highly useful for policy makers, to inform industrial and innovation policies.


Author(s):  
Jayoung James Goo ◽  
Joo-Yeun Heo

As the fintech industry grows around the world, regulatory issues continue to be a hot topic within the industry. To overcome regulatory barriers of the fintech industry, regulatory sandboxes have been adopted. The regulatory sandboxes are beneficial to create a fintech ecosystem, but their effectiveness has not been empirically supported. This study aims to find the expected effects of regulatory sandboxes on fintech venture investments empirically. We conducted an analysis using a country-level comparative research method. To analyze it, we selected nine forerunning countries which have initially adopted regulatory sandboxes. For the purpose of validations, a comparative analysis and a regression analysis were conducted. In the results, we found that the adoption of regulatory sandboxes had very positive influences on the growth of the fintech venture investment. The results implied that regulatory sandboxes may play a vital role in increasing the influx of venture capital into the fintech venture ecosystem by removing regulatory uncertainty. The findings of this research contribute to providing the empirical evidences to policy makers in interpretations of the positive impact of regulatory sandboxes.


2019 ◽  
Vol 21 (1) ◽  
pp. 42-56
Author(s):  
Hoa Thi Nguyen ◽  
Dung Thi Nguyet Nguyen

Purpose The purpose of this paper is to examine the determinants of mutual funds’ performance at both a country level and a fund level in Vietnam. Design/methodology/approach The different types of funds with more than three-year operation are selected to remove outliers of the stock market boom from 2015 to 2018. The data set includes 54 mutual funds operating during the period from 2008 until November 2018. Findings The research finds that there is a positive relationship between macroeconomics and mutual funds’ performance. Furthermore, country-level governance such as regulation effectiveness, political stability, economic growth and financial development has a positive correlation with mutual funds’ performance. However, the impact of fund-level factors is diverse with the no significant impact of board size on mutual fund’s performance, while passive funds perform better than active funds in Vietnam. Practical implications The research results suggest that investors should pay attention to the types of funds and operating expense when making an investment decision in mutual funds. There are some recommendations for both government policy-makers and the mutual fund industry that are likely to facilitate the development of this field in Vietnam. Originality/value The research contributes to the understanding of what are the factors that should be considered when investing in mutual funds.


2016 ◽  
Vol 6 (4) ◽  
pp. 457-464
Author(s):  
Ujunwa Augustine ◽  
Chinwe Okoyeuzu ◽  
Anthony Igwe ◽  
Wilfred Isioma Ukpere

Large investment in African land has generated serious interest among academicians, policy makers, international and local development agencies as well as civil organization. The debates centre on the phenomenal trajectory and the drivers of this investment in Africa. The inaccuracy or ambiguities in number of deals and institutional specificities has brought in the main, the need to undertake country by country study of foreign land deals in agricultural investment. To suggest vital information that will aid policy formulation and deliberation at country level, the study is on Congo-Brazzaville. This paper explores the factors that influenced foreign land acquisition in Congo, the impact of such investment on the host communities, and faults the decision of the government to make the attraction of foreign investment in agriculture a priority without fashioning out institutional framework that will regulate the investors and promote market discipline. Based on the above, the paper recommends strategies the government should earnestly pursue to mitigate the negativities of the investment and leverage on the benefits of commercial farming in the country, especially, in the area of skill transfer.


2021 ◽  
Vol 51 (2) ◽  
pp. 157-172
Author(s):  
Alycia Pirmohamed

This article examines literatures written largely within the last three years by poets Kazim Ali, Fatimah Asghar, and Tarfia Faizullah. It illustrates how Muslim second-generation immigrant writers construct figurative homelands that reclaim or reject their Western/ancestral identities by interrogating “them” versus “us” binaries and/or crafting notions of the “we” on which they belong. This research is guided by studies on the perceptions and mis-recognitions of Muslims since 11 September 2001 by Sadia Abbas, Naseem L. Aumeerally, and Arjun Appadurai. Overall, it examines the profound impact of 9/11 on Muslim second-generation immigrants’ sense of homeland, belonging, and security in America.


2016 ◽  
Vol 17 (1) ◽  
pp. 61-91 ◽  
Author(s):  
Johannes S. Kunz

Abstract In this study, I provide evidence that the educational achievement of second- generation immigrants in German-speaking Switzerland is greater than in Germany. The impact of the first-generation immigrants’ destination decision on their offspring’s educational achievement seems to be much more important than has been recognized by the existing literature. I identify the test score gap between these students that cannot be explained by differences in individual and family characteristics. Moreover, I show how this gap evolves over the test score distribution and how the least favorably endowed students fare. My results suggest that the educational system of Switzerland, relative to the German system, enhances the performance of immigrants’ children substantially. This disparity is largest when conditioning on the language spoken at home, and prevails even when comparing only students whose parents migrated from the same country of origin.


Author(s):  
Shahbaz Khan ◽  
Razzi Abbas Jafri ◽  
Nida Baig ◽  
Muhammad Shaique ◽  
Muhammad Usman

The purpose of this study is to find out the impact of political general elections of Pakistan on KSE-100 index. We employed Event study methodology on closing prices of KSE-100 index over the time period January, 1998 to May, 2013. During our sample period, 3 events of political general Elections occurred i.e., Event1 in 2002, Event2 in 2008, and recently Event3 in 2013. We construct an Event window of 11 days consisting of 5 pre-event days, 1 on-event day, and 5 post-event days. Results of this study show that Events 1 -and 2 put significant negative impact on stock returns, while Event3 demonstrates a significant positive impact on stock returns. This study also revealed the pre -and post-event comparison for all of the three events and, suggested that as soon as the political situation of the country changes, behavior of investors towards political general election also changes. Manipulation in stock index has always been remained an inconclusive phenomenon for investors and policy makers. So, further evidence on an individual country level might suggest fruitful guidelines to both investors and policy makers.


Author(s):  
Jeremy D. Wortzel ◽  
Douglas J. Wiebe ◽  
Shabnam Elahi ◽  
Atu Agawu ◽  
Frances K. Barg ◽  
...  

This paper describes follow-up for a cohort of 4530 residents living in the asbestos manufacturing community of Ambler, PA, U.S. in 1930. Using re-identified census data, cause and date of death data obtained from the genealogic website Ancestry.com, along with geospatial analysis, we explored relationships among demographic characteristics, occupational, paraoccupational and environmental asbestos exposures. We identified death data for 2430/4530 individuals. Exposure differed significantly according to race, gender, age, and recency of immigration to the U.S. Notably, there was a significant difference in the availability of year of death information for non-white vs. white individuals (odds ratio (OR) = 0.62 p-value < 0.001), females (OR = 0.53, p-value < 0.001), first-generation immigrants (OR = 0.67, p-value = 0.001), second-generation immigrants (OR = 0.31, p-value < 0.001) vs. non-immigrants, individuals aged less than 20 (OR = 0.31 p-value < 0.001) and individuals aged 20 to 59 (OR = 0.63, p-value < 0.001) vs. older individuals. Similarly, the cause of death was less often available for non-white individuals (OR = 0.42, p-value <0.001), first-generation immigrants and (OR = 0.71, p-value = 0.009), second-generation immigrants (OR = 0.49, p-value < 0.001), individuals aged less than 20 (OR = 0.028 p-value < 0.001), and individuals aged 20 to 59 (OR = 0.26, p-value < 0.001). These results identified ascertainment bias that is important to consider in analyses that investigate occupational, para-occupational and environmental asbestos exposure as risk factors for mortality in this historic cohort. While this study attempts to describe methods for assessing itemized asbestos exposure profiles for a community in 1930 using Ancestry.com and other publicly accessible databases, it also highlights how historic cohort studies likely underestimate the impact of asbestos exposure on vulnerable populations. Future work will aim to assess mortality patterns in this cohort.


2021 ◽  
Author(s):  
Serron Thomas ◽  
Vappu Tyyskä

This study researches the impact that cultural transnationalism has on the identity of second generation Jamaicans in the Greater Toronto Area. Through a focus group interview, five participants provided responses to questions which identified (i) the components of cultural transnationalism in the Jamaican community, and (ii) how second generation Jamaicans create their identity between their Jamaican ancestry and Canadian nationality. The participants were asked about their relationship to Jamaican culture, Canadian identity, and their sense of belonging to both societies. Other themes which emerged from the data such as cultural values, exclusion and survival in Canadian society were also discussed. The results showed that the second generation is prone to developing a hybrid identity which includes aspects of their national and cultural identity. To explain this phenomenon, I applied the research of Tajfel (1974) and Stryker (1980) which discuss the identity theory and social identity theory, respectively.


2021 ◽  
Vol 108 (Supplement_6) ◽  
Author(s):  
S Anwar ◽  
V Jha

Abstract Aim There are a disproportionately higher number of fitness to practise issues reported to the GMC within the BAME medic group than that any other ethnic group. This research seeks to compare differences in cultural nuances, if any, between second generation BAME medical students and whether there is an opportunity to address these within medical training. Method We conducted 4 qualitative one to one interviews of second generation medics (Those whose parents were not from the UK, but were themselves brought up in the UK) and medics who were both from the UK and whose parents had been brought up in the UK. An exploratory interview was conducted of what values were most important to the interviewees and how this affected their decision-making process. The interviewees were medical students from the University of Liverpool all of whom were in their clinical years between year 3-5. The interviewees were randomly chosen after expressing an interest in the research. A literature search across Pubmed and Scopus were conducted to help direct interview questions. Results The main themes interviewees reported impacting on decision making included difficulty of balancing cultures, the impact of religion on cultural values and personal professional values. When compared to the GMC guidelines, these values mostly aligned however there were some differences, mainly in communication and whistleblowing. Conclusions With an increasingly diverse workforce, there should be some further research conducted to address how the differences in culture affects decision making processes with the consideration of incorporation into medical training.


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