scholarly journals INFLUENCE OF MACROECONOMIC INDICES ON EUROPEAN PRIVATE LABELS

2016 ◽  
Vol 17 (6) ◽  
pp. 1237-1251 ◽  
Author(s):  
Eloy GIL CORDERO ◽  
Francisco Javier RONDAN CATALUÑA ◽  
Manuel REY MORENO
Keyword(s):  
Panel Data Analysis ◽  
Positive Influence ◽  
European Countries ◽  
Private Label ◽  
Private Labels ◽  
Macroeconomic Variables ◽  
Private Brands ◽  
Opposite Trend ◽  
The Impact ◽  
Commercial Distribution

In this study, we have analysed the impact and evolution of some of the most important macroeconomic indices on market share and value of private labels. The originality of this paper is the linkage of macroeconomic variables of European countries and the evolution of private labels in these nations. This relationship may show the development of commercial distribution with regard to macroeconomic indices. A sample of 13 European countries and a period of 14 years have been collected, including data of private brands and macroeconomic indices. Panel Data analysis has been applied using SAS software. The percentage of female unemployment negatively affects the volume and value of private label, unlike male unemployment, which affects them positively. The GDP influences positively and slightly both the volume and the value of store brands. In addition, the fact that the percentage of urban population has a positive influence on the value of private brands but not on their volume is noteworthy. Last but not least, only the estimation of value of private label in Spain shows a significant positive increase in following years. Eight countries of the sample indicate the opposite trend.

scholarly journals Private Label and Macroeconomic Indicators: Europe and USA

2020 ◽  
Vol 10 (4) ◽  
pp. 91
Author(s):  
Eloy Gil-Cordero ◽  
Francisco Javier Rondán-Cataluña ◽  
Daniel Sigüenza-Morales
Keyword(s):  
Market Share ◽  
European Countries ◽  
Private Label ◽  
Private Labels ◽  
National Brand ◽  
Business Decisions ◽  
The Us ◽  
Macroeconomic Indicators ◽  
The Usa ◽  
The Impact

In this study, we have analyzed the impact and evolution of some of the most important macroeconomic indices on the market share and value of private brands. The originality and objective of this work is the linkage of macroeconomic variables in European countries and the USA with the evolution of private labels in these countries. A sample of 19 European countries and all states within the USA has been collected over a 10-year period, including data on private labels and macroeconomic indices. The analysis of the panel data has been applied using the SPSS software through the Ljung–Box test. The most significant data from the sample study is that for GDP; we advised national brand managers to make a special communication effort in nations that offer a lower GDP within Europe for their volume and in value for the US. On the other hand, it was found that when the unemployment rate increases, the value of private label market share decreases for the US, but increases for Europe, in addition to other findings that will help organizations make different business decisions.

scholarly journals The impact of adopting the euro on the Croatian economy

Notitia ◽  
2019 ◽  
Vol 5 (1) ◽  
pp. 73-89
Author(s):  
Zlatko Čehulić ◽  
Rajka Hrbić
Keyword(s):  
Positive Influence ◽  
European Countries ◽  
Economic Indicators ◽  
The Past ◽  
The Future ◽  
Term Basis ◽  
The One ◽  
The Impact

In this paper the impact of adopting the euro in Croatia is analysed using experiences of other countries which have passed through this process in the last decade and which are comparable with Croatia in many aspects. The process of adopting a currency different from the one that has been used for more than twenty years presents a very important economic question for each country. In this period preceding to adopting the euro, there is an opportunity to analyse this process in the countries which went through it in the past. The result of this paper shows the impacts of adopting the euro in the European countries. The selected countries, which are adequate for analysing the effects of adopting the euro, are: Portugal, Ireland, Greece, Spain, Slovenia, Slovakia, Estonia, Lithuania and Latvia. These countries have been selected for different reasons. The majority of these countries have some similarities with Croatia, which are shown in this paper via relevant economic indicators. These results are significant for Croatia and show a positive influence on the Croatian market on a long-term basis. This paper is relevant and has a practical basis both for Croatia and other countries which will go through this process in the future.

scholarly journals What Drives Bank Profitability? A Panel Data Analysis of Commercial Banks in Bangladesh

2021 ◽  
Vol 10 (2) ◽  
pp. 96-110
Author(s):  
Rana-Al-Mosharrafa ◽  
Md. Shahidul Islam
Keyword(s):  
Negative Impact ◽  
Positive Impact ◽  
Panel Data Analysis ◽  
Mediation Effect ◽  
Industry Concentration ◽  
Equation Modeling ◽  
Bank Profitability ◽  
Macroeconomic Variables ◽  
Significant Negative Impact ◽  
The Impact

Bank profitability plays a significant role in the growth and development of an emerging economy. The purpose of the study was to examine the impact of bank characteristics, industry concentration and macroeconomics variables on commercial bank profitability in Bangladesh from 2007-2017. Bank profitability is proxied by return on assets (ROA), return on equity (ROE) and net interest margin (NIM). The study is based on secondary data and Hausman test has been performed using STATA software in favor of fixed effect modeling. Panel regressions shows that cost efficiency has significant negative impact on ROA and NIM. The positive impact of loan to deposit ratio with ROA suggests that efficient fund management including investment and assessed expenditure should be emphasized. Bank size has significant negative impact on all the measures of profitability, which indicates that monopolistic competition will reduce banking profit. Credit risk has significant positive impacts on ROE. Industry concentration measured by CR3 is positively related with ROE and has significant negative relation with bank profitability (ROA). Among macroeconomic variables inflation has significant positive and bank spread has significant negative impact on ROE. The coefficients of all the macroeconomic variables have been found to be significantly related to bank profitability while measured by NIM. Our study recommends further research with other explanatory variables such as, corporate governance, corporate social responsibility (CSR) and deposit insurance to accelerate the model and construct the econometric model by using structural equation modeling, mediation effect modeling etc.

R&D STRATEGIES AND FIRM INNOVATIVE PERFORMANCE: A PANEL DATA ANALYSIS

2010 ◽  
Vol 14 (06) ◽  
pp. 1013-1045 ◽  
Author(s):  
CLAUDIO CRUZ-CÁZARES ◽  
CRISTINA BAYONA-SÁEZ ◽  
TERESA GARCÍA-MARCO
Keyword(s):  
Panel Data ◽  
Panel Data Analysis ◽  
Empirical Support ◽  
Positive Influence ◽  
Intensity Level ◽  
Innovative Performance ◽  
Process Innovations ◽  
One Year ◽  
Technological Intensity ◽  
The Impact

The aim of this research is to ascertain the effects of the different R&D strategies (RDSs) — defined as make, buy and make-buy — on firm innovative performance. In order to evaluate RDSs effects in a broader sense, and looking for robust results, we consider different measures of product and/or process innovations as indicators of firm innovative performance. Using panel data models for a sample of 1478 Spanish manufacturing firms during the period 1992–2005, we observe that all RDSs produce a positive influence over all innovation outputs, although the impact is greater for the make-buy strategy and lower for the buy strategy. These effects are conditional on temporality since the greatest impact occurs one year later and that in the second year is reduced to half. Results show that the buy strategy seems to have only short-term effects, whereas the make-buy effects are greater and last longer. In addition, we find empirical support for our proposed argument that RDS effects on firm innovativeness are moderated by technological intensity level.

Are European sovereign bond spreads in concordance with macroeconomic variables evolution?

Kybernetes ◽  
2017 ◽  
Vol 46 (1) ◽  
pp. 85-101 ◽  
Author(s):  
M. Teresa Sorrosal-Forradellas ◽  
Lisana B. Martinez ◽  
Antonio Terceño
Keyword(s):  
Financial Crisis ◽  
European Countries ◽  
Economic Variables ◽  
Self Organizing Maps ◽  
Content Type ◽  
Macroeconomic Variables ◽  
Sovereign Bond ◽  
The Usa ◽  
Bond Spreads ◽  
The Impact

Purpose The last great financial crisis which arose in the middle of 2007 in the USA produced contagion effects over others economies. The purpose of this paper is focused on analyzing the evolution of a set of economic variables of 17 European countries since 1991 until 2013. Sovereign bond spreads are also considered to compare the incidence of the financial crisis over the economies considering macroeconomics fundamentals and fixed bonds. Design/methodology/approach Self-organizing maps (SOMs) are used to achieve the purpose of the research. With this methodology, it is possible to analyze the evolution of the macroeconomic fundamentals of each country, obtaining particular and general conclusions according to the position of each country in the SOM. Moreover, the countries are compared between them and with its respective sovereign bond spreads level for each year of analysis. Findings The impact of the crisis is different between the countries was analyzed. Belonging to the European Monetary Union is an interesting characteristic of some of the most affect economies. Research limitations/implications This research presents wide implications for the economies to control the most vulnerable economic variables in front of financial crisis to prevent the contagion effect. The inclusion of more economic variables and countries could enhance the study. Originality/value This research analyzes the relationship between macroeconomic variables and sovereign bond spreads using an infrequent methodology. The results obtained are valuable because they highlight how the present crisis has differently affected the European countries.

scholarly journals Les Déterminants Idiosyncratiques De La Performance Bancaire Au Maroc : Analyse Sur Données De Panel

2017 ◽  
Vol 13 (13) ◽  
pp. 57
Author(s):  
Salwa Bahyaoui
Keyword(s):  
Financial Crisis ◽  
Panel Data Analysis ◽  
Banking System ◽  
Point Of View ◽  
Real Economy ◽  
Macroeconomic Variables ◽  
Developed Economies ◽  
Données De Panel ◽  
The Impact ◽  
Do So

If the financial crisis of 2008 raised the interest in analyzing the impact of the financial system, particularly the banking one, on the real economy ; studies were focused on macroeconomic variables given the crisis fallout. However, in spite of its propagation to the international scale, the financial crisis has impacted more severely some developed economies. Rightly, the Moroccan banking system was slightly affected. This suggests a specificity of the Moroccan context. The aim of this study is, therefore, to apprehend the banking performance in Morocco from a microeconomic point of view. To do so, a panel data analysis relative to eight banks was conducted over the period 2004-2015. The results allowed to identify the determinants of banking performance in the Moroccan context while confirming certain specificities of the banking system in Morocco.

Disclosure on Sustainability Reports, Foreign Board, Foreign Ownership, Indonesia Sustainability Reporting Awards and Firm Value

2020 ◽  
Vol 3 (1) ◽  
pp. 33-51
Author(s):  
Ismul Aksan ◽  
Evi Gantyowati
Keyword(s):  
Firm Value ◽  
Positive Impact ◽  
Panel Data Analysis ◽  
Sustainability Reporting ◽  
Foreign Ownership ◽  
Positive Influence ◽  
Sustainability Reports ◽  
The Impact ◽  
Positive Effect ◽  
Sustainability Report

This study aims to investigate how disclosure on sustainability reports, foreign on boards, and foreign ownership affect firm value. Indonesia Sustainability Reporting Award (ISRA) is used to moderate the impact of the disclosure on the sustainability report on the firm value from 2013 to 2017. This study uses 37 firms as a sample with 159 observations and using panel data analysis. Subgroup analysis is used to test the existence or absence of homologizer moderation. The result showed that only the disclosure of sustainability has a positive impact on firm value. Foreign board and foreign ownership have been shown to not affect firm value. Additional testing is performed by splitting types of companies that have become state-owned enterprises (SOEs) and non-SOE, as well as kinds of services & finance and Manufacturing & others. We found that foreign commissioners in the service and finance sectors category have a positive effect on firm value, and foreign ownership in State-Owned Enterprises (SOEs) has a positive influence on firm value. Therefore, it is suggested that the organization of ISRA should disclose their winning criteria since it can be used as information in decision-making

scholarly journals Does financial literacy make the difference in non-life insurance demand among European countries?

2020 ◽  
Vol 71 (4) ◽  
pp. 359-382
Author(s):  
Marijana Ćurak ◽  
Sandra Pepur ◽  
Dujam Kovač
Keyword(s):  
Risk Aversion ◽  
Life Insurance ◽  
Financial Literacy ◽  
Panel Data Analysis ◽  
European Countries ◽  
General Level ◽  
Insurance Demand ◽  
Life Insurance Demand ◽  
The Difference ◽  
The Impact

While risk aversion and affordability of insurance are considered as the most important determinants of non-life insurance demand, understanding and knowledge of complex non-life insurance products are less researched. Studies on insurance demand conducted at the cross-section level, which include education, usually use it as a proxy for risk aversion and to a limited extent as a measure of financial literacy. Moreover, the general level of education does not accurately reflect the level of understanding of sophisticated insurance instruments. Consequently, the main aim of this research is to analyse the impact of financial literacy on the demand for non-life insurance by applying a more precise measure of financial literacy. The empirical analysis is based on the dataset of 38 European countries in the period from 2010 to 2016 and is done using the panel data analysis technique. Research findings confirm that financial literacy makes the difference in non-life insurance demand among European countries, while controlling for other economic, social/cultural, market structure and institutional determinants of non-life insurance demand. The paper contributes to the literature on non-life insurance demand, especially the one on the relationship between financial literacy and the demand for non-life insurance.

scholarly journals The impact of demographic factors on numbers of COVID-19 cases and deaths in Europe and the regions of Ukraine

2022 ◽  
Author(s):  
Igor Nesteruk ◽  
Oleksii Rodionov
Keyword(s):  
Statistical Analysis ◽  
Demographic Factors ◽  
European Countries ◽  
Urbanization Level ◽  
Opposite Trend ◽  
Per Capita ◽  
The Impact

The accumulated numbers of COVID-19 cases and deaths per capita are important characteristics of the pandemic dynamics that may also indicate the effectiveness of quarantine, testing, vaccination, and treatment. The statistical analysis based on the number of cases per capita accumulated to the end of June 2021 showed no correlations with the volume of population, its density, and the urbanization level both in European countries and regions of Ukraine. The same result was obtained with the use of fresher datasets (as of December 23, 2021). The number of deaths per capita and per case may depend on the urbanization level. For European countries these relative characteristics decrease with the increase of the urbanization level. Opposite trend was revealed for the number of deaths per capita in Ukrainian regions.

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