|
on Transition Economics |
| By: | Niftiyev, Ibrahim; Bagirzadeh, Elshan |
| Abstract: | The energy sector is critical to economic growth and development, and the everchanging world order requires a new review of past and current trends in this area. This paper focuses on the members of the Organization of Turkic States (OTS) that share a common history, similar cultural and political perspectives, and similar national interests. While some OTS countries are net exporters of electricity energy (e.g., Azerbaijan, Kazakhstan, and Turkmenistan), others are net importers of it (e.g., Türkiye, and Hungary), and cooperation among member and observer states is growing rapidly. This paper documents the similarities and differences in energy sector variability among OTS members using a principal component analysis (PCA) of data between 1991 and 2021. Our study shows that all OTS countries are similar in terms of primary energy consumption per capita, but in terms of electricity consumption and renewable electricity per capita, Hungary and Kyrgyzstan differ from the rest of the sample. Additionally, carbon intensity varies to the same extent in Hungary, Kyrgyzstan, Turkmenistan, and Türkiye. Finally, Hungary and Kyrgyzstan have not changed their fossil fuel-based electricity generation, while Azerbaijan, Kazakhstan, and Turkmenistan show the same positive trend in electricity energy trade. The results of this study provide an integrated and methodological overview of the energy sector of the OTS countries and shed light on possible future cooperation between the member and observer countries. |
| Keywords: | Dimension Reduction, Energy Sector, Energy Economics, Energy Transition, Organization of Turkic States (OTS), Principal Component Analysis (PCA) |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:esconf:313417 |
| By: | , Le Thanh Tung |
| Abstract: | In recent times, the notion of relationship quality has attracted a lot of interest in the domains of consumer behavior and marketing. This research aims to investigate the influence of service quality, intimacy, and ethics as antecedents on the elements of relationship quality (satisfaction, trust, and commitment) and loyalty in the Vietnamese banking business. Utilizing the mediating function of relationship quality, this research seeks to enhance the understanding of the factors influencing customer loyalty. A survey of 302 bank customers in Vietnam was conducted. The findings show that service quality and ethics have a substantial impact on customer trust, satisfaction, and commitment, resulting in greater loyalty. Furthermore, the study provides managerial implications for Vietnamese banks to improve their service quality and ethical standards to develop customer trust and commitment, resulting in increased customer loyalty in Vietnam's banking industry. |
| Date: | 2024–02–08 |
| URL: | https://d.repec.org/n?u=RePEc:osf:osfxxx:qzpxk_v1 |
| By: | Hung, Dang Ngoc |
| Abstract: | This paper investigates the impact of capital structure on business performance of Vietnamese enterprises during the Covid-19 pandemic. The study focuses on key performance indicators such as return on total assets (ROA), return on equity (ROE), and earnings per share (EPS). The analysis employs the table data regression method using a dataset comprising 5747 enterprise observations for the period of 2019 to 2022. The findings indicate that capital structure has a significant negative influence on the business performance of Vietnamese enterprises. Moreover, the study highlights the substantial effect of capital structure on business performance when considering different aspects and debt structures, particularly within the framework of the Covid-19 pandemic. Based on these research findings, the article recommends that business administrators carefully consider the optimal capital structure to enhance business efficiency, especially given the unpredictable nature of the Covid-19 pandemic |
| Date: | 2024–01–05 |
| URL: | https://d.repec.org/n?u=RePEc:osf:osfxxx:84dae_v1 |
| By: | M. Schack; T. B. Muthee; I. Volovei; Y. N. Rupasinghe |
| Keywords: | Health, Nutrition and Population-Disease Control & Prevention Health, Nutrition and Population-Health Monitoring & Evaluation Health, Nutrition and Population-Health Policy and Management Health, Nutrition and Population-Health Service Management and Delivery Health, Nutrition and Population-Health Systems Development & Reform Information and Communication Technologies-ICT Applications |
| Date: | 2024–05 |
| URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:41633 |
| By: | Temurbek Boymirzaev (Central Bank of Uzbekistan) |
| Abstract: | This study investigates the application of Factor-Augmented Vector Autoregression (FAVAR) and Bayesian Vector Autoregression (BVAR) models for inflation forecasting. FAVAR models deal with high-dimensional data by extracting latent factors from extensive macroeconomic indicators, while BVAR models incorporate prior distributions to enhance forecast stability and precision in data-limited environments. Employing a comprehensive dataset of Uzbekistan-specific inflation determinants, we conduct an empirical assessment of both models, examining their predictive accuracy. Findings from this research aim to optimize inflation forecasting methodologies, providing the Central Bank of Uzbekistan with robust, data-driven insights for improved policy formulation. |
| Keywords: | FAVAR; BVAR; inflation forecast; forecast combination |
| JEL: | E30 E31 E37 |
| Date: | 2025–02–27 |
| URL: | https://d.repec.org/n?u=RePEc:gii:giihei:heidwp06-2025 |
| By: | World Bank |
| Keywords: | Urban Development-Urban Water & Waste Management Water Supply and Sanitation-Urban Solid Waste Management Environment-Pollution Management & Control Environment-Environmental Governance |
| Date: | 2024–11 |
| URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42467 |
| By: | Andrén, Daniela (Örebro University School of Business); Andrén, Thomas (Sveriges akademikers centralorganisation); Kahanec, Martin (Central European University (CEU)) |
| Abstract: | When economic crises destabilize labor markets, they offer unique opportunities to explore welfare dynamics and the interplay between partnership formation and social assistance. Using data from Sweden's 1990s economic crisis, characterized by high unemployment, expanding budget deficit, and a large inflow of war refugees from the former Yugoslavia, we examine state dependence in social assistance, which refers to the increased likelihood that households will receive benefits in the future if they have previously received them. Because Swedish social assistance eligibility depends on household-level resources and that partnership formation may correlate with unobserved factors, we focus on individuals who were single in 1990, prior to the recession, tracking their social assistance receipt and household composition over the subsequent decade. This approach allows us to compare individuals who remain single throughout the decade with those who form partnerships, assessing how gender, country of birth, and partnership choices affect state dependence in social assistance. Using a dynamic discrete choice model that addresses both unobserved heterogeneity and initial conditions, we found differences in structural state dependence both between and within the samples of Swedish-born (SB) and foreign-born (FB) individuals. Among singles, SB women exhibit lower structural state dependence than SB men, whereas FB women display slightly higher structural state dependence than FB men but lower than SB men. For FB individuals, the structural state dependence decreases when they partner with a SB individual but increases when they partner with another FB individual, suggesting that partnering with an SB individual may reduce the structural impact of prior welfare dependency, while partnering with an FB individual may reinforce it. |
| Keywords: | welfare persistence; social assistance; structural state dependence; unobserved heterogeneity; dynamic discrete choice model; GHK simulator |
| JEL: | I30 I38 J18 |
| Date: | 2025–03–03 |
| URL: | https://d.repec.org/n?u=RePEc:hhs:oruesi:2025_005 |
| By: | Jose Garcia-Louzao (Lietuvos Bankas; Vilniaus Universitetas; CESifo); Linas Tarasonis (Lietuvos Bankas; Vilniaus Universitetas) |
| Abstract: | Using Social Security records between 2000 and 2020, we provide a comprehensive analysis of labor earnings inequality and its dynamics over the course of Lithuania’s economic development. Since 2000, there has been a substantial decline in earnings inequality, largely driven by the rapid growth of earnings at the bottom of the distribution, while earnings volatility has hardly changed. Importantly, we estimate a relatively high sensitivity of earnings growth to changes in real GDP, which declines with the level of permanent income. Additionally, we find that the idiosyncratic earnings risk of individuals at the bottom of the permanent income distribution is less sensitive to aggregate growth than that of individuals in the top half. Taken together, our findings underscore that analyzing earnings risk is critical to properly understanding the dynamics of inequality and designing effective policies to address it |
| Keywords: | Income inequality, income risk, income mobility, administrative data |
| JEL: | D31 E24 J31 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:fme:wpaper:105 |