| 21. |
- Byusa, Vincent
(author)
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Money demand, real effective exchange rates, and uncertainty
- 2024
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Doctoral thesis (other academic/artistic)abstract
- This PhD thesis consists of three distinct but interrelated research papers that collectively explore critical aspects of money demand, real effective exchange rates behavior, and uncertainty in different contexts. The first paper examines the nature of money demand in Rwanda and the rationale for the country’s monetary policy shift to inflation targeting in 2019, providing evidence of long-run money demand stability despite uncertainties affecting the global economy, and challenging the view that monetary aggregates should have no role in Rwanda’s monetary policy. The second paper investigates the complex effects of grant revenues on real effective exchange rates in Sub-Saharan African countries, revealing the outcomes of short-run depreciation and long-run appreciation. The last paper assesses how exchange rate regime choice affects the degree and persistence of real effective exchange rate misalignments, showing that, relative to a floating exchange rate regime, fixed and intermediate regimes effectively limit misalignment size, although with higher persistence. Together, these papers offer nuanced insights into the interaction between the money market, uncertainty, external grants, and exchange rate regime, underscoring the need for careful policy consideration to ensure economic stability and competitive currency values.
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| 22. |
- Chae, S., et al.
(author)
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The effects of lifetime work experience on incidence and severity of elderly poverty in Korea
- 2023
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In: Journal of Social and Economic Development. - : Springer. - 0972-5792.
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Journal article (peer-reviewed)abstract
- This study investigates the characteristics that contribute to elderly poverty, mainly focusing on individuals’ lifetime work experience. It adopts the heterogeneous relative poverty line. It calculates the work experience and obtains demographic variables using the Korean Labor and Income Panel Study’s survey data for 2006, 2009, 2012 and 2015. The objective is to estimate poverty among elderly and explain its variations in relation to individual characteristics and lifetime work experience. Poverty is measured in terms of the head count, poverty gap and the poverty severity indices based on monetary dimensions, namely income and consumption. The methodology used in this study is a logit model to explain the incidence of poverty and a sample selection model to analyze the depth and severity of poverty. The results show that an increase in the total work years and a decrease in the gap years between jobs reduce incidence and depth of poverty.
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| 23. |
- Cho, Sungwook, et al.
(author)
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What if you had been less fortunate : The effects of poor family background on current labor market outcomes
- 2015
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In: Journal of economic studies. - 0144-3585 .- 1758-7387. ; 42:1, s. 20-33
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Journal article (peer-reviewed)abstract
- Purpose– The purpose of this paper is to examine the correlation between childhood poverty and its influence on adulthood wage distribution, where childhood poverty refers to the experience of poverty or poor family background during one’s childhood.Design/methodology/approach– With data from the Korean Labor and Income Panel Study, a quantile regression technique and a decomposition method are conducted to identify and decompose the wage gap between low (poor) and middle class income groups along the whole current wage distribution, based on a simulated counterfactual distribution.Findings– The results show that those who had been less fortunate during their childhood were also less likely to have the opportunity to gain labor market favored characteristics, such as a higher level of education, and even earn lower returns to their labor market characteristics in the current labor market. This leads to a discount of about 15 percentage points in the wage, on average, in total for those with underprivileged backgrounds during childhood compared to those with a middle class background. This disadvantage is observed heterogeneously, with a greater effect at the lower quantiles compared to the higher quantiles of the current wage distribution.Originality/value– This research contributes to the literature by providing a partial understanding of poverty in Korea along with possible causes, including poor family background or childhood poverty, with which the implication of an intergenerational effect is considered.
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| 24. |
- Chung, Yeimin, et al.
(author)
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Measurement of environmentally sensitive productivity growth in Korean industries
- 2015
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In: Journal of Cleaner Production. - : Elsevier BV. - 0959-6526 .- 1879-1786. ; 104, s. 380-391
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Journal article (peer-reviewed)abstract
- In this study we will attempt to measure productivity growth at the industrial level using the Metafrontier Malmquist-Luenberger (MML) productivity growth index and dissect/analyze this index to reveal further information. The results will be compared with those obtained from the conventional Malmquist-Luenberger (ML) productivity growth index. Utilizing the MML-index has two advantages when compared with the ML-index: the first is that it is able to consider undesirable output as a by-product of production; and the second is that it can account for producer group heterogeneities such as production technology. Noting such advantages, we will model this study to achieve three objectives related to productivity, technology and policy effects. To separate the results of the productivity index, we estimate the changes in the technological gap between regional and global frontier technologies. The proposed index presents productivity growth and dissects its components into 14 Korean industrial sectors from 1981 to 2010. For the purpose of detailed analysis, we have divided the relevant period into three decades. The results show that technology innovation can be regarded as an important component of productivity growth, rather than merely efficiency change. Chemical and petrochemical, iron and steel and machinery are all treated as global innovators throughout the entire period. It is also inferred that the groups with higher labor productivity obtain a higher productivity growth rate as compared with their low labor productivity counterparts. Considering the heterogeneity of production technology and the time that policy is introduced, the policy implications of the results will affect the circumstances regarding investment in environmental technology.
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| 25. |
- Demir, Ahmet, et al.
(author)
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Antecedents of trust, corporate image, and switching costs : A case in telecommunication services in the Kurdistan region of Iraq
- 2021
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In: International Journal of Mobile Communications. - : InderScience Publishers. - 1470-949X .- 1741-5217. ; 19:1, s. 53-74
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Journal article (peer-reviewed)abstract
- This study elaborates on the direct effects of the antecedents of customer trust, corporate image, and the cost of switching service providers. It also examines the indirect effects of these antecedents on customer loyalty and satisfaction through trust, improved corporate image, and lower switching costs. The results of our analysis, which covered a sample of 514 customers in the Kurdistan region of Iraq, show that all the four antecedents studied had both direct and indirect effects on trust, corporate image, switching costs, satisfaction, and loyalty. We also observe that satisfaction is an important mediator between loyalty and the other variables. However, conflict handling has very strong direct and indirect impacts on the other dependent variables. There are some differences between our findings and those of previous research on countries like Turkey, China, and western cultures.
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| 26. |
- Demir, Ahmet, et al.
(author)
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Elaborating on the links between declarative knowledge, procedural knowledge, and employee performance
- 2022
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In: SN Business & Economics. - : Springer. - 2662-9399. ; 3:1
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Journal article (peer-reviewed)abstract
- The purpose of this study is to elucidate the links between declarative knowledge, procedural knowledge, and performance in the context of ISO 9001:2015 certification. It develops a model which tests the impact of training and rewarding on employees’ declarative knowledge, procedural knowledge, and motivation. It tests the effects of declarative knowledge, procedural knowledge, and motivation on employees’ contextual and task performance. The study is conducted in Turkey using data collected from 423 employees working in various firms operating in the textiles, food production, and mining sectors. Our results show that although training and rewarding are important antecedents of knowledge and motivation, ISO 9001:2015 certified firms had difficulties in converting these benefits into better employee performance.
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| 27. |
- Demir, Ahmet, et al.
(author)
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Links between knowledge management and organisational sustainability : Does the ISO 9001 certification have an effect?
- 2023
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In: Knowledge Management Research & Practice. - : Taylor & Francis. - 1477-8238 .- 1477-8246. ; 21:1, s. 183-196
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Journal article (peer-reviewed)abstract
- This study’s aim is investigating the impacts of the determinants of knowledge management on organisational sustainability. It investigates the differences in performance among ISO 9001 certified and non-certified firms. The study uses data collected from 156 employees of various private firms in the Kurdistan Region of Iraq. It uses the partial least squares method to test the hypothesised model and the independent samples t-test toelaborate on the differences between ISO 9001 certified and non-certified firms. The results show that knowledge storage plays a key role in knowledge generation, sharing, and utilisation. It is also observed that knowledge management has a significant impact on organisational sustainability. Firms in the Kurdistan Region of Iraq fail to generate management knowledge due to their weak document storage capacities. This paper discusses the theoretical and practical implications of their weak document storage capacities and makes some suggestions for improving this situation.
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| 28. |
-
Determinants of economic growth in Africa
- 2018
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Editorial collection (other academic/artistic)abstract
- This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole. This edited book is authored by African experts in the field who employ diverse up-to-date data and methods to provide robust empirical results based on representative firms, household surveys and secondary country level data covering individuals or multiple countries on the continent. It contains a wealth of empirical evidence, deep analyses and sound recommendations for policymakers and researchers for designing and implementing effective social and national policies and strategies to prevent and to reduce poverty and its negative effects on poor households and in poor regions. The volume will be a useful resource for policymakers and researchers involved in promoting economic growth and fighting poverty. It will also appeal to a broader audience interested in economic development, resource economics, policies, economic welfare and inclusive growth.
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| 29. |
- Di, Zeyu, et al.
(author)
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Relationship between the Real Estate Sector and the Stock Market in Chinese Provinces
- 2022
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Reports (other academic/artistic)abstract
- In China, real estate and the stock market are the two main markets favored by both individual and institutional investors. There is a significant economic link between the two. Therefore, their relationship and long-term and short-term causality can provide good guidance for investors. This paper studies the causality and correlation relationship between the stock market and real estate sector's trading volumes in 31 provinces of China. Its empirical results are based on panel data from 2000 to 2016. Various panel unit root, co-integration, and model specification and estimation tests are carried out. The panel mean group is found to be the most suitable method for the analysis. The study finds that the main industries in different provinces may affect the short-term causal relationship between the real estate sector and the stock market. But in the long-run, the causal relationship between the two is 2-way and stable.
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| 30. |
-
Economic Growth and Development in Ethiopia
- 2018
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Editorial collection (other academic/artistic)abstract
- This volume is a collection of selected empirical studies on determinants of economic growth and development in Ethiopia.The core argument for editing this book is to provide an up-to-date picture of the state and patterns of growth and development in Ethiopia. Ethiopia has been under focus in the past due to draughts, war, famine, development changes and the effects of global economic crisis in the country. A main contribution of this volume is that it helps identify selected important determinants of growth and development in Ethiopia and provides an estimation of their effects using up-to-date data, modelling and methods. Taken together the studies provide a comprehensive picture of the state of growth and development, their measurements, causal relationships and evaluation of efficient policies and practices in achieving progress in Ethiopia. The issues covered represent major challenges to the government and development organizations who are aiming at achieving higher growth and alleviating poverty in the country. The studies cover transition from rural agriculture to urban industry and the development of services.
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