scholarly journals Firms’ Innovation in Waste Management and Land Fertilizers within the Triad

2017 ◽  
Vol 12 (8) ◽  
pp. 120
Author(s):  
Concetto Paolo Vinci ◽  
Luigi Aldieri
Keyword(s):  
Waste Management ◽  
Knowledge Spillovers ◽  
Positive Impact ◽  
Policy Implications ◽  
Firm Level ◽  
Explanatory Variables ◽  
Management Efficiency ◽  
Econometric Methods ◽  
The Usa

In this paper we investigate agricultural innovation in three economic areas: the USA, Japan and Europe, taking into account simultaneously both the spatial and technological dimensions.In particular, we introduce a theoretical framework and an empirical analysis based upon a dataset composed of worldwide R&D-intensive firms to discuss the role of spillover components in the waste management efficiency at firm level. The technological relatedness between the firms is computed through an original Mahalanobis Environmental industry weight matrix, based on the construction of technological vectors for each firm. Methodologically, from one hand, we explore the extent to which knowledge spillovers are important through spatial analysis procedure and from the other hand, we measure the effects of technology spillovers on firms’ productivity through econometric methods to handle heterogeneity and endogenous explanatory variables. The findings show a positive impact of Jacobian R&D spillovers on firms’ productivity and environmental performance and this result can be relevant repercussions in terms of policy implications.

Relatedness economies, absorptive capacity, and economic catch-up: firm-level evidence from China

2019 ◽  
Author(s):  
Anthony Howell
Keyword(s):  
Absorptive Capacity ◽  
Knowledge Spillovers ◽  
Policy Implications ◽  
Firm Level ◽  
Sources Of Knowledge ◽  
Market Competitiveness ◽  
External Sources ◽  
Catch Up ◽  
External Sources Of Knowledge

Abstract This paper examines the effect of agglomeration economies on firm productivity and the role of absorptive capacity in China. Taking into account the transitioning economy context, I further exploit the gradual and spatially uneven implementation of market-oriented reforms to track the relative importance of firms’ absorptive capacity for economic catch-up. The three main results are as follows. First, firms exhibit higher productivity when located in an area with a denser network of related activities, particularly for firms with higher absorptive capacity. Second, the sources of the productivity gains are driven by externalities that arise from better access to inputs, similar workers and technological-related knowledge spillovers. Third, the role of absorptive capacity becomes more important for boosting productivity following more versus less intensive market-oriented economic reforms. These findings have important policy implications for transitioning economies and suggest that market reforms promote efficiency improvements related to performing actual R&D as well as encourage firms to seek out external sources of knowledge in order to attain market competitiveness.

The Impact of the Business Environment on the Formalization of Informal Firms. The Case of Kosovo

Südosteuropa ◽  
2020 ◽  
Vol 68 (4) ◽  
pp. 505-529
Author(s):  
Kujtim Zylfijaj ◽  
Dimitar Nikoloski ◽  
Nadine Tournois
Keyword(s):  
Negative Impact ◽  
Positive Impact ◽  
Business Environment ◽  
Positive Influence ◽  
Policy Implications ◽  
Tax Reforms ◽  
Firm Level ◽  
Characteristics Analysis ◽  
Significant Negative Impact ◽  
The Impact

AbstractThe research presented here investigates the impact of the business environment on the formalization of informal firms, using firm-level data for 243 informal firms in Kosovo. The findings indicate that business-environment variables such as limited access to financing, the cost of financing, the unavailability of subsidies, tax rates, and corruption have a significant negative impact on the formalization of informal firms. In addition, firm-level characteristics analysis suggests that the age of the firm also exercises a significant negative impact, whereas sales volume exerts a significant positive impact on the formalization of informal firms. These findings have important policy implications and suggest that the abolition of barriers preventing access to financing, as well as tax reforms and a consistent struggle against corruption may have a positive influence on the formalization of informal firms. On the other hand, firm owners should consider formalization to be a means to help them have greater opportunities for survival and growth.

scholarly journals The Hypothesis of Jobless Economic Growth in the Global Triad Countries

Equilibrium ◽  
2014 ◽  
Vol 9 (3) ◽  
pp. 109-129
Author(s):  
Piotr Misztal
Keyword(s):  
Economic Growth ◽  
International Finance ◽  
Positive Impact ◽  
Ordinary Least Squares ◽  
Research Association ◽  
Literature Study ◽  
Econometric Methods ◽  
The Usa ◽  
Annual Frequency ◽  
The Eu

The aim of the study is to analyze the hypothesis of jobless economic growth in economic theory and in the Global Triad countries (U.S. , EU-15, Japan, China , India). In the article the research method based on the literature study in the field of macroeconomics and international finance were used, as well as econometric methods (Ordinary Least Squares). All the statistics used in the study had an annual frequency and covered the period from 1990 to 2012. These data came from the statistical database of the Business Membership and Research Association – The Conference Board Total Economy Database. On the basis of the study the phenomenon of jobless economic growth in China and India was revealed. However, in the case of the USA, the EU-15 and Japan the positive impact of economic growth on changes in employment was confirmed.

scholarly journals The Role of Technical Innovation and Development of Industrial Sector in Korean International Business

2021 ◽  
Vol 22 (1) ◽  
pp. 55-73
Author(s):  
Ali Mohammed Khalel Al-Shawaf ◽  
Tahira Yasmin
Keyword(s):  
Time Series Data ◽  
Positive Impact ◽  
Generalized Method Of Moments ◽  
Value Added ◽  
Industrial Sector ◽  
Least Square ◽  
Policy Implications ◽  
Series Data ◽  
Significance Level

With the pace of development and competitiveness, innovation plays an important role to capture the market share. Various countries have effective strategies to enhance Research and Development (R&D) and exchange value added products in international market. So, based on this the aim of this research is to examine the role of R&D, industrial design and charges for intellectual property in innovative exports in South Korean economy. Time series data for the period 1998 to 2017, Ordinary Least Square (OLS) and Generalized Method of Moments (GMM) models are used to determine the dynamic interrelationship among the study variables. In summary, the overall results show that there is co-integration rank of in both trace test and value test at 1% significance level. Moreover, OLS and GMM findings depict that there is significant and positive coefficient for ID & RD which represent that they have positive impact on HT. Whereas, the IP displays a negative and significant relationship with high technology exports accordingly. Lastly, the diagnostic tests show that model is stable for the study time period and result is reliable. The current study also suggests some policy implications which can enhance innovative export products of South Korea while enhancing R&D.

Capital Account Liberalization and Firm Innovation: Worldwide Evidence

2021 ◽  
pp. 0148558X2110594
Author(s):  
Fangfang Hou ◽  
Xinpeng Xu
Keyword(s):  
Positive Impact ◽  
Set Covering ◽  
Capital Account ◽  
Legal Environment ◽  
Firm Level ◽  
Firm Innovation ◽  
Capital Account Liberalization ◽  
Data Set ◽  
Innovation Output

This study investigates whether capital account liberalization, a leading characteristic of globalization, is associated with firms’ future innovation output. Employing a novel firm-level panel data set covering 41 countries over two decades, we show that capital account liberalization is significantly associated with higher corporate patenting activities, particularly for firms from innovation-intensive industries. Further analyses show that the effect is stronger among firms from economies in a better legal environment, signifying the important role of good institutional quality in facilitating the positive impact of liberalization. The effect is also stronger among firms with higher initial productivity, consistent with the “productivity” hypothesis, according to which bigger and more productive firms generate more innovation after liberalization. Our findings are robust to the use of various measurements, subsamples, and estimation models. This study provides global firm-level evidence of the real economic impact of financial globalization.

ENVIRONMENTAL REGULATION IMPROVES THE FIRM PERFORMANCE IN THE PAPER INDUSTRY IN CHINA

2021 ◽  
pp. 1-32
Author(s):  
YONGLIANG YANG ◽  
LILI DING ◽  
YI LI
Keyword(s):  
Firm Performance ◽  
Positive Impact ◽  
Paper Industry ◽  
Average Treatment Effect ◽  
Small Scale ◽  
Positive Role ◽  
Firm Level ◽  
Innovation Ability ◽  
The Relationship

This research develops a difference-in-differences (DID) model to explore the relationship between environmental policy (The Measures for the Administration of Permits for the Discharge of Key Water Pollutants in the Huaihe and Taihu River Basins, MAPD) and the performance of firms involved in the paper and paper products industry (MPP) in China. Cost and innovation are introduced as mediators to explore the mediating effects. A firm-level dataset from 1998 to 2007 is adopted for empirical study. The findings support the positive role of the MAPD, and the average treatment effect is 0.016.The heterogeneity analysis shows that the MAPD exerts a positive impact on non-state-owned and small-scale enterprises, with coefficients of 0.018 and 0.021, respectively. Moreover, MAPD increases enterprise costs harming firm performance. On the other hand, it can promote firm performance by improving innovation ability.

The role of collective bargaining in addressing flexibility and security

2017 ◽  
Vol 23 (4) ◽  
pp. 329-346 ◽  
Author(s):  
Valentina Paolucci
Keyword(s):  
Collective Bargaining ◽  
Industrial Relations ◽  
Organizational Characteristics ◽  
Considerable Degree ◽  
Firm Level ◽  
Explanatory Variables ◽  
Institutional Structures ◽  
Union Representation ◽  
Multi Level

This article examines the role of collective bargaining in addressing flexibility and security in the chemical and pharmaceutical sector in Italy and Denmark. My multi-level and comparative focus on collective bargaining highlights that sector-level industrial relations institutions account for a considerable degree of within-country homogeneity in the content of company agreements over issues of flexibility and security. Moreover, it shows that the degree of company-level heterogeneity is conditioned primarily by firm-level contingencies: union representation and organizational characteristics. This means that at company level, both institutional and non-institutional structures are important explanatory variables.

scholarly journals State business relations and the dynamics of job flows in Egypt and Turkey

2020 ◽  
Vol 10 (4) ◽  
pp. 519-558
Author(s):  
Oznur Ozdamar ◽  
Eleftherios Giovanis ◽  
Sahizer Samuk
Keyword(s):  
Least Squares ◽  
Political Instability ◽  
Job Creation ◽  
Ordinary Least Squares ◽  
Policy Implications ◽  
Reverse Causality ◽  
Mena Region ◽  
Firm Level ◽  
Business Relations

Abstract Long-standing challenges concerning unemployment and the role of government have been the dominant underlying themes in the countries of the Middle East and North Africa (MENA) region. Effective State-Business Relations (SBRs) comprise a set of highly responsive and public interactions between the state and the business sector. The aim of this study is to explore the dynamics of net job creation rates in Egypt and Turkey, and the role of the SBRs, including various firm characteristics. The analysis relies on firm-level data derived from the World Bank Enterprise Surveys over the period 2008–2013. We implement the weighted ordinary least squares (OLS). Furthermore, we apply an Instrumental Variables (IV) Approach and the Two-Stage Least Squares (2SLS) method for robustness check, to deal with the potential endogeneity issues coming from the self-reported statements and the possible degree of reverse causality between SBRs and the main outcomes of interest. Our findings suggest four major obstacles to SBRs, with constraints of access to finance and credit and political instability being the common major obstacles in the two countries explored. Corruption and lack of proper infrastructure in electricity in Egypt are found to be the next two main obstacles in SBRs, while tax rates and competition from the informal sector are identified as the other two main obstacles in Turkey. The results show that obstacles in SBRs contribute negatively to the net job creation. According to these findings, policy implications include the need to make SBRs operate more efficiently, investments on proper infrastructure and policies that minimize corruption and political instability.

scholarly journals Regional Multiplier Analysis: A Demometric Approach

1978 ◽  
Vol 10 (5) ◽  
pp. 537-560 ◽  
Author(s):  
J Ledent
Keyword(s):  
Policy Implications ◽  
Metropolitan Statistical Area ◽  
Economic Base ◽  
Economic Activities ◽  
Aggregate Model ◽  
Econometric Methods ◽  
Multiplier Analysis ◽  
Design And Testing ◽  
Statistical Area

This paper reports on the design and testing of an adequate framework for conducting regional multiplier studies in areas experiencing rapid population growth. It puts forward the demometric approach, one that applies econometric methods to the analysis of demoeconomic growth. Two alternative models are proposed here. The first is an aggregate model presenting a demometric revision of the traditional economic-base model. The second model, an enlarged version of the first, is characterized by a breakdown of economic activities into nine major sectors. Both models are fitted to data for the rapidly growing metropolitan area of Tucson, Arizona, USA. They are then used to derive tentative impact and dynamic multipliers which substantiate the role of households as consumers and suppliers of labor in the development of the Tucson Standard Metropolitan Statistical Area (SMSA). The major finding is that, for the same level of resources, the second model yields better policy implications than the modified (and therefore also than the traditional) economic-base model.

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