Comparative Economic Research. Central and Eastern Europe: Recent submissions
Now showing items 301-320 of 694
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The Zombie Phenomenon in Banking and Business: a Comparative Analysis and the Origin of the Institutional Problem
(Wydawnictwo Uniwersytetu Łódzkiego, 2019-12-30)The research presents an investigation of the zombie phenomenon in banking and business. The main goals are as follows: to reveal the consequences of the threatening dynamics of nonperforming loans for the states of Central ... -
Do Remittances Enhance Financial Development in Transitional Markets?
(Wydawnictwo Uniwersytetu Łódzkiego, 2019-12-30)The paper explored (1) the impact of remittances on financial development and (2) whether the interaction between remittances and human capital development had an influence on financial development in transitional economies ... -
Regional Aspects of the Development of Clustering in the Dairy Branch
(Wydawnictwo Uniwersytetu Łódzkiego, 2019-12-30)In this paper, we study the classical and modern approaches to the formation of regional agro‑industrial clusters. In the current market conditions, the creation of a cluster based on the existing regional infrastructure ... -
The Role of China’s Exchange Rate on the Trade Balance of Sub‑Saharan Africa: a Gravity Model Approach
(Wydawnictwo Uniwersytetu Łódzkiego, 2019-12-30)This study seeks to investigate theimpactof China’sexchange rate onthe trade balance of 41 Sub‑aharan African countries for the period from 1994 to 2016. Using an augmented gravity model, the grouped and ungrouped results ... -
Is It the Natural Rate Hypothesis or the Hysteresis Hypothesis for Unemployment Rates in Newly Industrialized Economies?
(Wydawnictwo Uniwersytetu Łódzkiego, 2019-12-30)The focus of our study is on determining whether unemployment rates in 8 New Industrialized Economies conform to the natural rate hypothesis or the hysteresis hypothesis. To this end, we employ a variety of unit of unit ... -
A Gravity Model Approach towards Pakistan’s Bilateral Trade with SAARC Countries
(Wydawnictwo Uniwersytetu Łódzkiego, 2019-12-30)This research paper attempts to estimate the bilateral trade of Pakistan with SAARC countries using a gravity model of trade. This panel study covers the period from 2003 to 2016. The empirical results are obtained through ... -
Productivity Performance of the Service Sectors in European Union Countries
(Wydawnictwo Uniwersytetu Łódzkiego, 2019-12-30)Economic development has resulted in structural transformation towards economies based on services, which has raised some concerns about the limited opportunities for sustaining productivity growth. The aim of this paper ... -
The Adaptive Market Hypothesis and the Day‑of‑the‑Week Effect in African Stock Markets: the Markov Switching Model
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)In line with the Adaptive Market Hypothesis (AMH), the objective of this study is to investigate how the day‑of‑the‑week (DOW) effect behaves under different bull and bear market conditions in African stock markets, and ... -
The Role of Exchange Rates in the Stock Price Development of Chemical Companies in the Visegrad Four Countries
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)The aim of the paper is to evaluate the effect of exchange rates on the stock prices of companies in the chemical industry listed on the stock exchanges in the Visegrad Four countries. The empirical analysis was performed ... -
A Comparative Analysis of Fiscal Policy Changes in Selected European Union Countries outside the Eurozone
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)The aim of this article is to investigate the fiscal policy changes in six Central and Eastern European countries outside the Eurozone: Bulgaria, the Czech Republic, Croatia, Hungary, Poland and Romania. The analysis covers ... -
The Attitudes of the European Union and China Towards Foreign Direct Investment: Implications for Bilateral Relations
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)The aim of this paper is to discuss new trends that have occurred in the policies of the EU and China towards foreign direct investment (FDI), to examine some implications of the EU‑China Comprehensive Agreement on Investment ... -
Bank Capital and Profitability: An Empirical Study of South African Commercial Banks
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)Bank capital is a principal aspect of regulation and will determine how long a bank remains in business from a regulatory point of view. Prior research on the relationship between capital and profitability has largely ... -
Reserve Currency Status as a Safe Asset Determinant. Empirical Evidence from Main Public Issuers in the Period 2005–2017
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)Safe assets are recognized as being the cornerstone of contemporary financial systems. Due to financial globalization and massive international capital flows, they transformed into global safe assets, meaning that both ... -
Regulations for Returning Labour Migrants to Ukraine: International Background and National Limitations
; ; ; Klapkiv, Yuriy
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)
The current situation on the Ukrainian labour market is not only characterised by a high rate of unemployment, but also by low‑wage jobs with relatively severe requirements from potential employers. The intensive labour ... -
Balkan Candidate Countries Running for Fiscal Consolidation: Legal Frameworks vs. Economic Results
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)The subject of this paper is four Balkan countries (Albania, Serbia, Macedonia, and Montenegro) that are determined to join the European Union. More particularly, it looks at their work towards accomplishing the political, ... -
The Effects of Selected Macroeconomic Variables on Tourism Demand for the South Moravian Region of the Czech Republic from Germany, Poland, Austria, and Slovakia
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)International tourism is one of the most important sectors of the open economy. The aim of this paper is to investigate the effects that income as gross domestic product, tourism price as the real exchange rate, and travel ... -
The Three Seas Initiative and its Economic and Geopolitical Effect on the European Union and Central and Eastern Europe
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)The objective of this paper is a presentation of results of an analysis of the Three Seas Initiative (TSI), whose participating countries (except Austria) treat it as a method of: a) reducing their dependence on crude oil ... -
The Effectiveness of Investing in Stock Exchange Markets in Central and Eastern European Countries with Regard to NYSE2‑LSE‑HKSE2. a Comparative Risk Analysis
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)The aim of this paper is to assess the effectiveness and risk in the stock exchange market in Central and Eastern Europe countries (CEE) in view of the largest stock exchanges: NYSE2‑LSE‑HKSE2. The implementation of this ... -
Human Capital and Intellectual Capital in Modern International Business – Based on Studies of the Strategies of Transnational Corporations
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)The main objective of the article is to discuss the direction of changes in the strategies of the most powerful transnational corporations as a result of adjustments to the new challenges created by the growing role of ... -
The Effects of Export Expansion Policy in Poland in the Context of Recommendations of Global Organizations
(Wydawnictwo Uniwersytetu Łódzkiego, 2019)The aim of this paper is to present the results of an analysis and evaluation of the implementation of one of the tasks of the Strategy for Responsible Development (SRD) until 2020 (with a perspective up to 2030), adopted ...