scholarly journals Analysis of tobacco industry attractiveness

2020 ◽  
Vol 1 (1) ◽  
pp. 1-16
Author(s):  
Bojan Moric Milovanovic ◽  
Darko Solaja
Keyword(s):  
Tobacco Industry ◽  
Steady Increase ◽  
Eu Accession ◽  
Revenue Sources ◽  
Global Demand ◽  
Before And After ◽  
Market Consolidation ◽  
The Impact ◽  
Excise Duties ◽  
The Eu

Tobacco industry is one of the most profitable global industries with the steady increase in global demand for tobacco and tobacco related products. Tobacco industry in Croatia has a centuries-old tradition and tobacco is one of the most important non-food agricultural crops produced in Croatia. Moreover, tobacco industry in Croatia is one of the major revenue sources of the government’s budget. The aim of this paper is to determine whether tobacco industry in Croatia is attractive enough for a new player willing to enter the market. Paper provides brief overview of the tobacco industry and the impact it has on Croatian economy. Furthermore, paper explains how excise duties and product prices changed over time, shows market consolidation and concentration before and after the EU accession, and in detail depicts forces which determine industry’s profitability, i.e. its attractiveness.

scholarly journals What Happened to Transitional Justice in Croatia After the EU Accession?

Politologija ◽  
2021 ◽  
Vol 101 (1) ◽  
pp. 8-51
Author(s):  
Lina Strupinskienė ◽  
Simona Vaškevičiūtė
Keyword(s):  
Transitional Justice ◽  
Minority Rights ◽  
The European Union ◽  
Eu Accession ◽  
Societal Issues ◽  
International Pressure ◽  
Before And After ◽  
The Government ◽  
The One ◽  
The Eu

This paper proposes to see Croatia’s becoming a member state of the European Union in 2013 as a particular critical juncture that created uncertainty over the type of decisions the government would take in the field of transitional justice once international pressure had stopped. It compares the period before and after the accession by looking into the three elements of transitional justice policy that were given priority by the EU conditionality framework – fighting impunity for war crimes, fostering reconciliation and respect for and protection of minority rights. It finds that all three have deteriorated in the post-accession period. On the one hand, the findings illustrate the power of international pressure, but on the other hand, they question the overall effectiveness of the conditionality policy, as it seems to not have affected deeper societal issues at stake and has not resulted in true transformation.

scholarly journals Czech agriculture after the accession to the European Union – impacts on the development of its multifunctionality

2008 ◽  
Vol 54 (No. 4) ◽  
pp. 150-157 ◽  
Author(s):  
T. Doucha ◽  
I. Foltýn
Keyword(s):  
European Union ◽  
Rural Development ◽  
Economic Efficiency ◽  
The European Union ◽  
Eu Accession ◽  
Before And After ◽  
Individual Farm ◽  
The Eu ◽  
Collective Farms

The article presents the evaluation of multifunctionality of Czech agriculture and its individual farm categories in the period of 2003–2005. It compares the situation before and after the EU accession. The assessment is based on the set of indicators for the three elementary axes of multifunctionality: economic efficiency, relations to environment and relations to rural development. Applying the presented method of multi-criterion evaluation and during the period of 2003–2005 on average, the highest level of multifunctionality is found in the category of farms of physical persons with 101–300 ha (score 174) and the lowest level in the category of collective farms – cooperatives and joint stock companies (score about 115). However, compared with the pre-accession period, the collective farms show the highest growth of the score (by 17%) after the EU accession.

scholarly journals Analysis of tobacco industry pricing strategies in 23 European Union countries using commercial pricing data

2019 ◽  
Vol 28 (e2) ◽  
pp. e102-e109 ◽  
Author(s):  
May C I van Schalkwyk ◽  
Martin McKee ◽  
Jasper V Been ◽  
Christopher Millett ◽  
Filippos T Filippidis
Keyword(s):  
European Union ◽  
Fixed Effects ◽  
Tobacco Industry ◽  
Pricing Strategies ◽  
The European Union ◽  
Cigarette Price ◽  
Tobacco Tax ◽  
Net Revenue ◽  
The Impact ◽  
The Eu

BackgroundThe tobacco industry (TI) can act to undermine the impact of tobacco tax increases by adopting various pricing strategies. Little is known about strategies used across the European Union (EU), except for the UK.AimTo examine pricing strategies adopted by the TI in the EU, and whether they differ by cigarette price segment, or between manufactured and roll-your-own (RYO) cigarettes.MethodsThis is a longitudinal analysis of commercial pricing data for manufactured and RYO cigarettes from 23 EU countries in 2006–2017. Price and revenue trends were explored. Linear regression estimated the average annual change in revenue, and linear fixed-effects panel regression models were used to explore the association between changes in median revenue (net of tax and adjusted for inflation) and tax increases in different price segments of manufactured cigarettes.ResultsOver the 11-year period price gaps were observed in all countries. The average annual adjusted median net revenue per pack increased in 19 of 23 countries for manufactured and RYO cigarettes. A tax increase was associated with a significant decrease of −€0.09 in adjusted median net revenue per pack (95% CI −0.16 to −0.03) in the cheap cigarette price segment, while no change was detected in the expensive cigarette price segment (−€0.05, 95% CI −0.11 to 0.01).ConclusionAcross the EU, pricing strategies adopted by the TI maintained or increased price gaps and retained cheaper tobacco products in the market, diminishing the impact of tobacco tax increases. Further strengthening of tobacco taxation policy is needed to maximise public health impact.

scholarly journals  Macedonian livestock, dairy and grain sectors and the EU accession impact

2013 ◽  
Vol 59 (No. 3) ◽  
pp. 125-133
Author(s):  
A. Kotevska ◽  
D. Dimitrievski ◽  
E. Erjavec
Keyword(s):  
Model Simulation ◽  
Positive Development ◽  
Complex Nature ◽  
Baseline Scenario ◽  
The European Union ◽  
Eu Accession ◽  
The Republic ◽  
Almost All ◽  
The Impact ◽  
The Eu

The Republic of Macedonia is in the process of integrating into the European Union (EU) and adjusting its policies through reforms in policy, regulations and institutions. This paper attempts to provide an answer to the question: what would be the impact on the Macedonian livestock, dairy and grain sectors of Macedonia integrating into the EU. In order to forecast the impact of the EU accession, the research uses the partial equilibrium model as a comprehensive tool for modelling the complex nature of the agricultural markets. The model simulation foresees the changes of the modelled sub-sectors in production, net-trade and income. The baseline scenario predicts a positive development for almost all selected commodities, with the exception of the beef sector, which is highly uncompetitive prior to the accession. Three EU accession scenarios foresee positive developments in the beef, lamb and cow’s milk markets, while a negative development is expected in the pig meat and grains markets.  

scholarly journals Was Poland the next Spain? Parallel analysis of regional convergence patterns after accession to the European Union

Equilibrium ◽  
2017 ◽  
Vol 12 (4) ◽  
pp. 593-611 ◽  
Author(s):  
Piotr Wójcik
Keyword(s):  
Value Added ◽  
Economic Transformation ◽  
Regional Level ◽  
Regional Convergence ◽  
Income Convergence ◽  
Eu Accession ◽  
Historical Experience ◽  
Sigma Convergence ◽  
The Impact ◽  
The Eu

Research background: Poland and Spain share many common features resulting both from similarities of historical experience, and also cultural, political, socio-demographic factors. Both countries have a similar area, population and GDP structure. They also share historical experience related to political and economic transformation after a long period of non-democratic, centralized governments. Therefore, the experience of Spanish membership in the EU is often considered as a model for Poland. Purpose of the article: The purpose of this research is to perform a comparative empirical analysis of income convergence processes in Poland and Spain on a regional level. We aim to verify if and how these processes are related to one an-other (show similar paths). Special attention is paid to the periods after accession of these countries to the EU. Convergence patterns in both countries are compared with several tools. Methods: Spatial econometric model for absolute beta convergence, sigma convergence indicators and the analysis of distribution dynamics — transition matrices and kernel density estimation. Findings & Value added: The impact on EU accession on income convergence in Spain was positive both at the national and regional level. Regional convergence processes sped-up and interregional disparities decreased. The poorest subregions had relatively high probability to increase their income and catch-up with initially more developed regions. In the first decade after accession to the EU Poland has also achieved a significant improvement of income indicators at the national level. However, empirical analyses of GDP per capita distribution and its dynamics at the regional level in Poland show that the above mentioned progress does not spread out proportionally on all regions. Neither beta nor sigma convergence is observed. Instead, relatively fastest growth of initially richest regions (mostly large cities) introduces convergence of clubs leading to polarization. EU accession has accelerated divergence processes in Poland.

Tax evasion and public governance before and after the European “big bang”: a red flag for policymakers

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ahmed Emadeldin Yamen ◽  
Hounaida Mersni ◽  
Abdulhadi Ramadan
Keyword(s):  
Tax Evasion ◽  
Eu Enlargement ◽  
Public Governance ◽  
Content Type ◽  
The Public ◽  
Before And After ◽  
Governance Quality ◽  
Evasion Behavior ◽  
The Impact ◽  
The Eu

Purpose The purpose of this study is to examine the impact of public governance quality on tax evasion levels in old (pre-2004) and new (post-2004) European Union (EU) members before and after the 2004 EU-enlargement. Design/methodology/approach This study uses panel data of 28 EU countries over the period 1996-2015. Tax evasion is measured using an updated version of the shadow economy size based on the light intensity, as calculated by (Medina and Schneider, 2018). The World Bank’s worldwide governance indicators are used as a measure of public governance. Findings The results indicate that new EU members have higher tax evasion levels compared to the old ones before and after the 2004 EU enlargement. The findings also report that the public governance quality is superior in old members throughout the 1996-2015 period. Furthermore, the authors found that after the EU enlargement, tax evasion levels decreased in both EU groups; however, the authors noticed an improvement in the public governance quality in new members and a deterioration in old ones. Additional analysis confirms the impact of public governance quality as an effective tool for reducing tax evasion behavior in both EU groups before and after the EU enlargement. Practical implications The findings are potentially useful for EU policymakers in identifying the most effective tools that can minimize tax evasion levels in EU countries. Additionally, the results are alarming as they show the negative consequences of the EU enlargement in old EU members. Thus, policymakers should consider them when setting their rules and regulations to reduce the significant differences between both EU groups to prevent member states from potentially exiting the EU. Originality/value To the best of the knowledge, this is the first study that examines the tax evasion behavior and public governance quality in the EU before and after the EU enlargement.

Regulating non-financial reporting: evidence from European firms’ environmental, social and governance disclosures and earnings risk

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Arif ◽  
Christohper Gan ◽  
Muhammad Nadeem
Keyword(s):  
Financial Reporting ◽  
Positive Impact ◽  
Content Type ◽  
Eu Directive ◽  
Before And After ◽  
The Difference ◽  
Earnings Risk ◽  
The Impact ◽  
The Eu

Purpose Motivated by the enactment of non-financial reporting regulations by the European Parliament, this paper aims to investigate the impact of European Union (EU) directive 2014/95/EU on the quantity of environmental, social and governance (ESG) disclosures by the S&P Europe 350 index firms. This study also investigates whether the implementation of the non-financial information (NFI) reporting regulations influences the association between ESG disclosures and firms’ earnings risk. Design/methodology/approach To measure the impact of mandatory regulations on the quantity of ESG disclosures, this study estimates the average treatment effects using a propensity weighted sample. Then this study uses the difference-in-differences method to estimate the differences in the association between ESG disclosures and earning risk before and after implementation of the EU directive. Findings The results show a significant positive impact of the EU directive on the quantity of ESG disclosures for the sample European public-interest entities, which indicates that the mandatory NFI reporting requirements could boost the availability of increasingly demanded ESG related information. The enhanced association between the ESG disclosures and firms’ earnings risk during the post-directive period reveals that mandating NFI reporting also increases the quality of ESG disclosures. Originality/value Using the legitimacy and decision-usefulness theories, this study provides novel evidence concerning the impact of the EU directive on the quantity and quality of ESG disclosures.

scholarly journals Northern Cyprus as an ‘inner neighbour’: A critical analysis of European Union enlargement in Cyprus

2018 ◽  
Vol 26 (1) ◽  
pp. 37-49 ◽  
Author(s):  
Anna Casaglia
Keyword(s):  
European Union ◽  
Eu Enlargement ◽  
Negotiation Process ◽  
The European Union ◽  
European Union Enlargement ◽  
Northern Cyprus ◽  
Before And After ◽  
Turkish Cypriot ◽  
The Impact ◽  
The Eu

This article analyses the impact of Cyprus’s accession to the European Union (EU) on the northern part of the island, and tackles the political actorness of the EU with regard to the enduring Cypriot conflict. Much literature has critically analysed the EU enlargement process, underlining its imperialistic features and its problematic nature. At the same time, scholars have highlighted the EU’s difficulties in acting as a political actor and its impact on situations of ethno-national conflict. This article brings together these critical aspects by analysing them in the peculiar context of Cyprus. It retraces the negotiation process and the Turkish Cypriots’ in/visibility throughout it, and presents research conducted following Cyprus’s accession in three different periods between 2008 and 2015. We propose an interpretation of Northern Cyprus as an ‘inner neighbour’ of the EU, because of its anomalous and liminal status, the suspended application of the acquis communautaire, the unresolved conflict and the ambiguity of the border management of the Green Line, the line of partition between north and south. All these problematic features of Northern Cyprus’s situation are examined in detail to identify the unique position of this entity within the EU. In addition to this, and supporting the importance of a bottom-up understanding of the EU’s normative and symbolic projection, the article presents the opinions of Turkish Cypriot citizens about their expectations before and after 2004, and how their ideas and imaginaries related to the EU have evolved and interacted with the process of Europeanisation.

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