scholarly journals An Enabling Mechanism for Subsidiary Autonomy

2019 ◽  
Vol 12 (1) ◽  
pp. 1
Author(s):  
Lu-Jui Chen ◽  
Hung-Tai Tsou ◽  
Chun-Chung Chen
Keyword(s):  
Vertical Integration ◽  
Multinational Enterprises ◽  
Spillover Effect ◽  
Spillover Effects ◽  
Mediating Effect ◽  
Management Theory ◽  
Investment Strategies ◽  
Market Conditions ◽  
Subsidiary Management ◽  
Knowledge Absorption

Most studies discuss the mechanisms through which multinational enterprises (MNEs) empower their autonomy to their subsidiaries. However, how giving autonomy can promote one’s absorptive capability is less investigated. In addition, the linked relationship is important for subsidiaries, but it also has a spillover effect. Based on this idea, this study analyzes the market conditions and springboard intentions as the reasons for subsidiary autonomy. We use data from subsidiaries that are located in Taiwan to test our contention. Our findings indicated that market conditions have positive impacts on empowering autonomy, and autonomy would allow subsidiaries to improve their knowledge absorption capacities. This study also verified the mediating effect of autonomy and the moderating effect of vertical integration quality. In general, our findings contribute to international enterprise and subsidiary management theory and have practical referential value for spillover effects and investment strategies.

scholarly journals Direct Effect and Spillover Effect of ICT on Electricity Consumption in China: Evidence from a Spatial Panel Analysis

2021 ◽  
Vol 2021 ◽  
pp. 1-13
Author(s):  
Jianjun Xu ◽  
Xiaowei Yang
Keyword(s):  
Information And Communication Technologies ◽  
Direct Effect ◽  
Industrial Structure ◽  
Spillover Effect ◽  
Electricity Consumption ◽  
Spillover Effects ◽  
Mediating Effect ◽  
Information And Communication ◽  
Positive Direct ◽  
Negative Spillover

The extensive use of information and communication technologies (ICT) has facilitated people’s lives and promoted the improvement of productivity. In the meantime, ICT has a profound effect on the efficiency of electricity utilization and the demand for electricity. The existing studies consider the direct effect of ICT on electricity consumption (EC) but neglect the spillover effect of ICT on EC and their action channels. Under the assumption of cross-section dependence, this paper introduces spatial modeling techniques to confirm the positive direct effect and negative spillover effect of ICT on EC. The positive direct effects and negative spillover effects of information technology on EC are similar to those of the communication technology, and the absolute value of the former is also greater than the latter. Additionally, the results of meditation effect modeling also confirm that there exists an incomplete mediating effect in the process of the ICT affecting EC through the channels of economic growth and the adjustment of the industrial structure. This study provides freshly empirical evidence for people to better understand the role of ICT in EC and opens fresh insights for policymakers to make corresponding policy adjustments.

scholarly journals Will Low-Carbon Purchasing Behavior Make Residents’ Behaviors Greener? Research Based on Spillover Effects

2021 ◽  
Vol 9 ◽  
Author(s):  
Ting Yue ◽  
Lan Zhang ◽  
Ruyin Long ◽  
Hong Chen ◽  
Chenchen Gao ◽  
...  
Keyword(s):  
Self Efficacy ◽  
Bootstrap Method ◽  
Spillover Effect ◽  
Spillover Effects ◽  
Mediating Effect ◽  
Low Carbon ◽  
Purchasing Behavior ◽  
Self Identity ◽  
Use Behavior ◽  
Recycling Behavior

Low-carbon purchasing behavior is the core part of low-carbon consumption behavior. Its impact on low-carbon use behavior, recycling behavior, and garbage sorting behavior needs to be further clarified. Based on self-perception theory and cognitive dissonance theory, this paper constructs a theoretical model of the spillover effect of low-carbon purchasing behavior on low-carbon use behavior, recycling behavior and garbage sorting behavior through self-efficacy and environmental self-identity. This paper uses the Bootstrap method to analyze 494 valid questionnaires empirically. The results show that: low-carbon purchasing behavior has a significantly positive effect on low-carbon use behavior, recycling behavior, and garbage sorting behavior. Self-efficacy and environmental self-identity play partially parallel mediating roles in the spillover effect. The mediating effect of environmental self-efficacy is stronger than environmental self-identity between low-carbon purchasing behavior and low-carbon use behavior. The mediating effect of self-efficacy is weaker than environmental self-identity between low-carbon purchasing behavior and recycling behavior or garbage sorting behavior. The spillover effects are different in demographic variables. The spillover effect of men is more substantial than women. The spillover effect of residents in 18–44 years old is more significant than residents in other age groups. The spillover effect of married residents is the largest. Residents with a bachelor’s degree have the most significant spillover effects on recycling behavior and garbage sorting behavior than residents with other educational levels. Professional and technical personnel have the most considerable spillover effect than other occupation types. The spillover effect is the largest when the family have three members. The spillover effect of residents with a monthly household income of 6,000–8,000 yuan is the largest between low-carbon purchasing behavior and low-carbon use behavior.

scholarly journals Financial Insecurity During the COVID-19 Pandemic: Spillover Effects on Burnout–Disengagement Relationships and Performance of Employees Who Moonlight

2021 ◽  
Vol 12 ◽  
Author(s):  
Roziah Mohd Rasdi ◽  
Zeinab Zaremohzzabieh ◽  
Seyedali Ahrari
Keyword(s):  
Organizational Performance ◽  
Structural Equation ◽  
Spillover Effect ◽  
Spillover Effects ◽  
Partial Least Square ◽  
Least Square ◽  
Mediating Effect ◽  
Equation Modeling ◽  
Moderation Effect ◽  
Novel Coronavirus

The novel Coronavirus disease (COVID-19) has magnified the issue of financial insecurity. However, its effect on individual-organizational relations and, consequently, on organizational performance remains understudied. Thus, the purpose of this study was to explore the spillover effect of financial insecurity on the burnout–disengagement relationship during the pandemic. The authors investigate in particular whether the spillover effect influences the performance of moonlighting employees and also explore the mediating effect of disengagement on the relationship between financial insecurity and burnout interaction effect and the performance (i.e., mediated-moderation). This study collected responses from 162 public and private sector employees who are engaged in moonlighting activities in Malaysia. The results from the partial least square structural equation modeling (PLS-SEM) revealed greater levels of financial insecurity and burnout associated with greater levels of work disengagement. The analysis of the interaction-moderation effect showed that when financial insecurity rises, the burnout effect on work disengagement increases among moonlighters. Using the PROCESS macro model, the results displayed burnout as a predictor of extra-role performance via a moderated (financial insecurity) mediation (work disengagement) relationship. Going forward, this study not only opens new avenues for research into the financial consequences of COVID-19 but also calls on managers to take proactive steps to mitigate the negative effect of the pandemic on the performance of moonlighting employees to keep them in the profession.

Investments by Emerging-Market Multinationals in Other Emerging Markets

2018 ◽  
pp. 630-656
Author(s):  
Jing Li ◽  
Daniel Shapiro
Keyword(s):  
Sustainable Development ◽  
Corporate Governance ◽  
Emerging Economies ◽  
Multinational Enterprises ◽  
Emerging Market ◽  
Institutional Development ◽  
Spillover Effects ◽  
Investment Strategy ◽  
Future Research ◽  
Foreign Direct Investments

This chapter reviews the literature on foreign direct investments among emerging economies (E-E FDI), focusing on the motivations behind E-E FDI, country-specific advantages and firm-specific advantages associated with emerging-economy multinational enterprises (EMNEs), and spillover effects of E-E FDI on host-country economic and institutional development. We identify the following topics as posing important questions for future research: EMNEs’ ability to leverage home-government resources and diplomatic connections to promote investment in other emerging economies; nonmarket strategies of EMNEs in emerging economies; ownership and corporate governance affecting investment strategy and performance of EMNEs; E-E FDI contributions to sustainable development in host countries. Future studies should also consider potential heterogeneity among EMNEs by integrating insights from institutional theory, network theory, political science, corporate governance, corporate social responsibility, and sustainable-development research.

Effects of tourism development on economic growth: An empirical study of China based on both static and dynamic spatial Durbin models

2021 ◽  
pp. 135481662110211
Author(s):  
Honghong Liu ◽  
Ye Xiao ◽  
Bin Wang ◽  
Dianting Wu
Keyword(s):  
Economic Growth ◽  
Spillover Effect ◽  
Tourism Development ◽  
Spillover Effects ◽  
Policy Implications ◽  
Long Term Effects ◽  
Spatial Spillover ◽  
Domestic Tourism ◽  
Inbound Tourism ◽  
Spatial Spillover Effect

This study applies the dynamic spatial Durbin model (SDM) to explore the direct and spillover effects of tourism development on economic growth from the perspective of domestic and inbound tourism. The results are compared with those from the static SDM. The results support the tourism-led-economic-growth hypothesis in China. Specifically, domestic tourism and inbound tourism play a significant role in stimulating local economic growth. However, the spatial spillover effect is limited to domestic tourism, and the spatial spillover effect of inbound tourism is not significant. Furthermore, the long-term effects are much greater than the short-term impact for both domestic and inbound tourism. Plausible explanations of these results are provided and policy implications are drawn.

scholarly journals Regional Disparity and Patients Mobility: Benefits and Spillover Effects of the Spatial Network Structure of the Health Services in China

2021 ◽  
Vol 18 (3) ◽  
pp. 1096
Author(s):  
Liping Fu ◽  
Kaibo Xu ◽  
Feng Liu ◽  
Lu Liang ◽  
Zhengmin Wang
Keyword(s):  
Health Economic ◽  
Health Services ◽  
Network Structure ◽  
Spillover Effect ◽  
Spillover Effects ◽  
Health Economy ◽  
Spatial Network ◽  
Spatial Effects ◽  
Medical Resource ◽  
Medical Resources

Background: The distribution of medical resources in China is seriously imbalanced due to imbalanced economic development in the country; unbalanced distribution of medical resources makes patients try to seek better health services. Against this backdrop, this study aims to analyze the spatial network characteristics and spatial effects of China’s health economy, and then find evidence that affects patient mobility. Methods: Data for this study were drawn from the China Health Statistical Yearbooks and China Statistical Books. The gravitational value of China’s health spatial network was calculated to establish a network of gravitational relationships. The social network analysis method was used for centrality analysis and spillover effect analysis. Results: A gravity correlation matrix was constructed among provinces by calculating the gravitational value, indicating the spatial relationships of different provinces in the health economic network. Economically developed provinces, such as Shanghai and Jiangsu, are at the center of the health economic network (centrality degree = 93.333). These provinces also play a strong intermediary role in the network and have connections with other provinces. In the CONCOR analysis, 31 provinces are divided into four blocks. The spillover effect of the blocks indicates provinces with medical resource centers have beneficial effects, while provinces with insufficient resources have obvious spillover effects. Conclusion: There is a significant gap in the geographical distribution of medical resources, and the health economic spatial network structure needs to be improved. Most medical resources are concentrated in economically developed provinces, and these provinces’ positions in the health economic spatial network are becoming more centralized. By contrast, economically underdeveloped regions are at the edge of the network, causing patients to move to provinces with medical resource centers. There are health risks of the increasing pressure to seek medical treatment in developed provinces with abundant medical resources.

scholarly journals Spatial Spillover Effect and Influencing Factors of Information Flow in Urban Agglomerations—Case Study of China Based on Baidu Search Index

2021 ◽  
Vol 13 (14) ◽  
pp. 8032
Author(s):  
Chengzhuo Wu ◽  
Li Zhuo ◽  
Zhuo Chen ◽  
Haiyan Tao
Keyword(s):  
Influencing Factors ◽  
Information Flow ◽  
Spillover Effect ◽  
Spillover Effects ◽  
Urban Agglomeration ◽  
Coordinated Development ◽  
Spatial Spillover ◽  
Urban Agglomerations ◽  
Search Index ◽  
Spatial Spillover Effect

Cities in an urban agglomeration closely interact with each other through various flows. Information flow, as one of the important forms of urban interactions, is now increasingly indispensable with the fast development of informatics technology. Thanks to its timely, convenient, and spatially unconstrained transmission ability, information flow has obvious spillover effects, which may strengthen urban interaction and further promote urban coordinated development. Therefore, it is crucial to quantify the spatial spillover effect and influencing factors of information flows, especially at the urban agglomeration scale. However, the academic research on this topic is insufficient. We, therefore, developed a spatial interaction model of information flow (SIM-IF) based on the Baidu Search Index and used it to analyze the spillover effects and influencing factors of information flow in the three major urban agglomerations in China, namely Beijing–Tianjin–Hebei (BTH), the Yangtze River Delta (YRD), and the Pearl River Delta (PRD) in the period of 2014–2019. The results showed that the SIM-IF performed well in all three agglomerations. Quantitative analysis indicated that the BTH had the strongest spillover effect of information flow, followed by the YRD and the PRD. It was also found that the hierarchy of cities had the greatest impact on the spillover effects of information flow. This study may provide scientific basis for the information flow construction in urban agglomerations and benefit the coordinated development of cities.

scholarly journals An Empirical Study on Green Innovation Strategy and Sustainable Competitive Advantages: Path and Boundary

2018 ◽  
Vol 10 (10) ◽  
pp. 3631 ◽  
Author(s):  
Baoshan Ge ◽  
Yibing Yang ◽  
Dake Jiang ◽  
Yang Gao ◽  
Xiaomin Du ◽  
...  
Keyword(s):  
Dynamic Capabilities ◽  
Environmental Uncertainty ◽  
Reference Value ◽  
Mediating Effect ◽  
Management Theory ◽  
Innovation Strategy ◽  
Competitive Advantages ◽  
Green Innovation ◽  
Sustainable Competitive Advantages ◽  
The Impact

Although green innovation strategy (GIS) is the driving force for the sustainable development of enterprises, while the strategy is implemented, an increased cost and a change in organizational routines will cause an organization to become fragile, and even affect the sustainable competitive advantages. So, the purpose of this paper is to explore the impact path of GIS on sustainable competitive advantages and the implementation boundary of GIS. To explain the impact path, we consider the concept of dynamic capabilities to be the mediator variable. To explain the implementation boundary of GIS, we systematically explore the relationships among GIS, dynamic capabilities and sustainable competitive advantages under different levels of environmental uncertainty. Based on 241 new Chinese green firms, the empirical results find that GIS helps enterprises to gain sustainable competitive advantages. However, in the process of strategy implementation, enterprises should choose appropriate methods according to different degrees of environmental uncertainty. In a low environmental uncertainty, dynamic capabilities play a full intermediary role between GIS and sustainable competitive advantages. However, in a high environmental uncertainty, dynamic capabilities have no mediating effect between GIS and sustainable competitive advantages. This study not only integrates green management theory and strategic management theory but also makes up for the deficiencies in research on these theories and has important reference value for enterprises that seek to carry out green innovation activities.

scholarly journals Spatial Interaction Spillover Effects between Digital Financial Technology and Urban Ecological Efficiency in China: An Empirical Study Based on Spatial Simultaneous Equations

2021 ◽  
Vol 18 (16) ◽  
pp. 8535
Author(s):  
Yaya Su ◽  
Zhenghui Li ◽  
Cunyi Yang
Keyword(s):  
Economic Growth ◽  
Spatial Interaction ◽  
Spillover Effect ◽  
Spillover Effects ◽  
Simultaneous Equations ◽  
Ecological Efficiency ◽  
Core Component ◽  
Coordinated Development ◽  
Three Stage Least Squares ◽  
Financial Technology

As a core component of the digital economy, digital financial technology has a complex interactive and interdependent relationship with ecological efficiency. From the holistic spatial interaction perspective, this paper uses spatial simultaneous equations and generalized spatial three-stage least squares (GS3SLS) to analyze the spatial interaction spillovers between digital financial technology and urban ecological efficiency based on data from 284 Cities in China from 2008 to 2018. The results show that: (1) Digital financial technology and urban ecological efficiency promote each other, and the latter is relatively dominant. (2) Both digital financial technology and urban ecological efficiency have significant spatial spillover effects. (3) Digital financial technology in surrounding cities has a restraining effect on local ecological efficiency, and the improvement of ecological efficiency in surrounding cities has a siphon effect on local digital financial technology. (4) There is spatial and period heterogeneity in the intensity of the spatial interaction spillover effect between the two. With resources and environment increasingly becoming rigid constraints on economic growth, these findings help identify new drivers of regional ecological efficiency and promote the coordinated development of digital finance and green ecology.

scholarly journals The Effects from The U.S. and Japan to Emerging Stock Markets in Asia and Vietnam

2021 ◽  
Author(s):  
SDAG Lab
Keyword(s):  
Emerging Markets ◽  
Stock Prices ◽  
Stock Markets ◽  
Spillover Effect ◽  
Spillover Effects ◽  
The Philippines ◽  
Volatility Spillovers ◽  
Return Effect ◽  
Asian Emerging Markets ◽  
The U.S

The subprime mortgage crisis in the U.S. in mid-2008 suggests that stock prices volatility do spillover from one market to another after international stock markets downturn. The purpose of this paper is to examine the magnitude of return and volatility spillovers from developed markets (the U.S. and Japan) to eight emerging equity markets (India, China, Indonesia, Korea, Malaysia, the Philippines, Taiwan, Thailand) and Vietnam. Employing a mean and volatility spillover model that deals with the U.S. and Japan shocks and day effects as exogenous variables in ARMA(1,1), GARCH(1,1) for Asian emerging markets, the study finds some interesting findings. Firstly, the day effect is present on six out of nine studied markets, except for the Indian, Taiwanese and Philippine. Secondly, the results of return spillover confirm significant spillover effects across the markets with different magnitudes. Specifically, the U.S. exerts a stronger influence on the Malaysian, Philippine and Vietnamese market compared with Japan. In contrast, Japan has a higher spillover effect on the Chinese, Indian, Korea, and Thailand than the U.S. For the Indonesian market, the the return effect is equal. Finally, there is no evidence of a volatility effect of the U.S. and Japanese markets on the Asian emerging markets in this study.

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