Economies, Vol. 12, Pages 178: Multi-Criteria Evaluation of the Institutional and Tax Environment for Business in the EU Economies
MDPI » Economies
by Charalampos Kalligosfyris, Zacharias Dermatis, Eleni Kalamara, Athanasios Anastasiou
5d ago
Economies, Vol. 12, Pages 178: Multi-Criteria Evaluation of the Institutional and Tax Environment for Business in the EU Economies Economies doi: 10.3390/economies12070178 Authors: Charalampos Kalligosfyris Zacharias Dermatis Eleni Kalamara Athanasios Anastasiou The purpose of this study is to evaluate the institutional and tax environment for businesses in 21 countries of the European Union (EU), using a multi-criteria analysis and, in particular, the PROMETHEE II method, based on thirteen evaluation criteria and the ranking of the European economies. Through the research, the importance of f ..read more
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Economies, Vol. 12, Pages 180: The Impact of Gastronomic Tourism on the Regional Economy of Thailand: Examined by the Dynamic I-O Model after the Decline of COVID-19
MDPI » Economies
by Banjaponn Thongkaw, Nattapan Kongbuamai, Warattaya Chinnakum, Chukiat Chaiboonsri
5d ago
Economies, Vol. 12, Pages 180: The Impact of Gastronomic Tourism on the Regional Economy of Thailand: Examined by the Dynamic I-O Model after the Decline of COVID-19 Economies doi: 10.3390/economies12070180 Authors: Banjaponn Thongkaw Nattapan Kongbuamai Warattaya Chinnakum Chukiat Chaiboonsri It is reasonable to state that gastronomic tourism is an efficient tool that has the potential to refresh Thailand’s macroeconomic viability. With the aim of becoming a hub of tourism in Southeast Asia, Thailand’s tourism industry must urgently address and sustainably integrat ..read more
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Economies, Vol. 12, Pages 179: Granular Cities
MDPI » Economies
by Leon Esquierro, Sergio Da Silva
5d ago
Economies, Vol. 12, Pages 179: Granular Cities Economies doi: 10.3390/economies12070179 Authors: Leon Esquierro Sergio Da Silva This study extends the concept of granularity from firms to cities, examining how large cities influence national economic dynamics beyond their relative size. By applying Zipf’s law, which describes the power law distribution of city sizes, we investigate the interplay between granularity and business cycles. Our aim is to test the granular hypothesis that large cities have a significant impact on the business cycle beyond their relative size. We analyz ..read more
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Economies, Vol. 12, Pages 176: Analysis of Albania’s Trade Direction: Is the Open Balkan a New Center of Gravity?
MDPI » Economies
by Glediana Zeneli (Foto), Arsen Benga, Altin Hoti
6d ago
Economies, Vol. 12, Pages 176: Analysis of Albania’s Trade Direction: Is the Open Balkan a New Center of Gravity? Economies doi: 10.3390/economies12070176 Authors: Glediana Zeneli (Foto) Arsen Benga Altin Hoti Trade is considered one of the main drivers of a country’s economic growth and development. Therefore, a successful analysis that identifies the bilateral trade flows, their determinants, and the regional integration costs and benefits opens new horizons for international trade perspectives. This study examines the effects of new and existing regional agreements o ..read more
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Economies, Vol. 12, Pages 177: ‘Unlock the Complexity’: Understanding the Economic and Political Pathways Underlying the Transition to Climate-Smart Smallholder Forage-Livestock Systems: A Case Study in Rwanda
MDPI » Economies
by Chiara Perelli, Luca Cacchiarelli, Mutimura Mupenzi, Giacomo Branca, Alessandro Sorrentino
6d ago
Economies, Vol. 12, Pages 177: ‘Unlock the Complexity’: Understanding the Economic and Political Pathways Underlying the Transition to Climate-Smart Smallholder Forage-Livestock Systems: A Case Study in Rwanda Economies doi: 10.3390/economies12070177 Authors: Chiara Perelli Luca Cacchiarelli Mutimura Mupenzi Giacomo Branca Alessandro Sorrentino The livestock-dairy sector in Sub-Saharan Africa, particularly in Rwanda, is experiencing rapid growth due to population expansion, urbanisation, and changing food preferences. The unmet local production demands are causing soil and ..read more
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Economies, Vol. 12, Pages 174: The Determinants of Decent Work in Moroccan Cooperatives and Implications for Public Action: Toward Public Action through Determinants
MDPI » Economies
by Badr El Azhari, Mohammed Bougroum, Lahcen Ait Daoud, Houmam Lotfi
1w ago
Economies, Vol. 12, Pages 174: The Determinants of Decent Work in Moroccan Cooperatives and Implications for Public Action: Toward Public Action through Determinants Economies doi: 10.3390/economies12070174 Authors: Badr El Azhari Mohammed Bougroum Lahcen Ait Daoud Houmam Lotfi In a context marked by growing inequalities and sustainable development challenges, Moroccan cooperatives represent an opportunity to reconcile economic objectives with social issues. Rooted in principles of solidarity and democratic participation, these entities play a significant role in promoting decent work in align ..read more
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Economies, Vol. 12, Pages 175: Persistent and Long-Term Co-Movements between Gender Equality and Global Prices
MDPI » Economies
by Juan Infante, Marta del Rio, Luis Alberiko Gil-Alana
1w ago
Economies, Vol. 12, Pages 175: Persistent and Long-Term Co-Movements between Gender Equality and Global Prices Economies doi: 10.3390/economies12070175 Authors: Juan Infante Marta del Rio Luis Alberiko Gil-Alana This paper investigates the relationships of the Bloomberg Gender Equality Index and the MSCI World Index in global financial markets. The main objective is to analyze the degree of integration of each index from a fractional perspective for the years 2014–2021. The methodology involves fractional integration to assess the consistency and integration levels of both indice ..read more
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Economies, Vol. 12, Pages 171: Stock Markets and Stress Test Announcements: Evidence from European Banks
MDPI » Economies
by Christos Floros, Efstathios Karpouzis, Nikolaos Daskalakis
1w ago
Economies, Vol. 12, Pages 171: Stock Markets and Stress Test Announcements: Evidence from European Banks Economies doi: 10.3390/economies12070171 Authors: Christos Floros Efstathios Karpouzis Nikolaos Daskalakis This paper examines the market reaction to the European bank stress test announcement and results release events. Using event study methodology (calculating abnormal returns on a three-day period around the event dates), we find that the market reacts differently between the announcement event and the results release event. We also show that the market seems to positively overreact one ..read more
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Economies, Vol. 12, Pages 172: Post-Acquisition Operating Performance of Acquiring Firms following Cross-Border Mergers and Acquisitions
MDPI » Economies
by Aamir Khan, David Kalisz
1w ago
Economies, Vol. 12, Pages 172: Post-Acquisition Operating Performance of Acquiring Firms following Cross-Border Mergers and Acquisitions Economies doi: 10.3390/economies12070172 Authors: Aamir Khan David Kalisz This study investigates the firms’ performance following cross-border mergers and acquisitions (M&As) from 2000 to 2022, employing the generalized method of moments (GMM) technique within the French context. Grounded in the theories of organizational learning and the institutional-based view, the empirical findings reveal that acquiring firms exhibit an improve ..read more
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Economies, Vol. 12, Pages 173: Constant Value Added Share Analysis: A Novel Trade Decomposition Technique with an Application to the Philippines
MDPI » Economies
by Peter A.G. van Bergeijk, Gina M. Ledda
1w ago
Economies, Vol. 12, Pages 173: Constant Value Added Share Analysis: A Novel Trade Decomposition Technique with an Application to the Philippines Economies doi: 10.3390/economies12070173 Authors: Peter A.G. van Bergeijk Gina M. Ledda This article provides a novel approach to the traditional constant market share (CMS) analysis recognizing the importance of global production networks and fragmentation that necessitate using trade in value added (TiVA) rather than gross trade. We discuss how the components of a CMS analysis need to be (re)interpreted and apply our Constant Value Added Share (CVAS ..read more
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