60853 research outputs found
Sort by
Claudio Napoleoni e la critica del presente
Full text linkThis note draws inspiration from Riccardo Bellofiore’s recent monograph dedicated to Claudio Napoleoni. It examines Napoleoni’s reflections on key issues within Marxist theory, including the theory of value, alienation and exploitation, rent within the Italian economy, the status of economic science, and the pathways to human emancipation. The interpretative framework proposed by Bellofiore is also analyzed, along with his attempt to reconstruct Marx’s approach
Can women's literacy and education spending serve as robust pillars of development in Madagascar?
Full text linkThe economic inclusion of women constitutes a pivotal catalyst for sustainable development. In Madagascar, notwithstanding women’s substantial engagement in economic activities, persistent disparities in access to education, formal employment, and productive resources continue to constrain the full realization of female human capital. Employing an econometric framework spanning the period 1990 to 2023, this study quantifies the influence of female literacy rates and educational expenditures on per capita GDP. The findings indicate that a one-percentage-point increase in female literacy corresponds, on average, to an augmentation of approximately 7.9 USD in per capita GDP. These results underscore the statistically significant and positive role of women’s education in fostering economic growth. However, a paradox remains evident: despite considerable female economic participation, their skills remain markedly underutilized. Accordingly, the study advocates for nuanced policy interventions centered on enhancing girls’ education, promoting the formalization of women’s labor, and expanding financial inclusion to unlock and sustain this latent developmental potentia
Artificial intelligence application and research in accounting, finance, economics, business, and management
Full text linkArtificial intelligence is a branch of computer science that develop intelligent machines to perform human tasks. Recently, there is growing interest in AI applications in professions that have many processes that can be easily automated. There is widespread optimism that AI systems can lead to new innovations or improve existing processes. This study focuses on some applications of artificial intelligence in the accounting, finance, economics, business, and management profession. The study provides a basic understanding of how AI will be useful in the accounting, finance, economics, business and management professions. The study also offered some insights into the risks posed by the use of artificial intelligence
The Economic Cost of Nationalism
Full text linkWe identify the negative influence of nationalist sentiment on economic growth. Our cross-country evidence confirms the growth-depressing effect of nationalism, projecting that economic growth has been constrained by roughly 12 percent over thirty years. This conclusion is robust across various tests. Paradoxically, nationalism helps reduce environmental damage, lowering overall emissions and intensity, especially in the building, industry, and transportation sectors. We observe that the effect of nationalism in cutting carbon emissions weakens slightly as GDP per capita rises. However, in poorer countries, this environmental impact remains steady regardless of changes in income, suggesting nationalism’s role in reducing emissions stays stable despite economic growth
Ekonomická a finančná analýza prechodu chovu brojlerov na štandardy ECC v Slovenskej republike
Full text linkThe economic and financial analysis examines the impacts of transitioning from conventional broiler farming to the standards of the European Chicken Commitment (ECC), focusing on economic viability, market dynamics, and sectoral health.
Costs
We expect the transition to ECC will lead to increased costs for producers currently using conventional farming methods due to reduced stocking density, slower growth cycles, and infrastructure requirements.
We estimate the cost increase to range between 12–25%, which corresponds to an increase of 0.30 - 0.67 EUR per chicken, or 5–11% of the retail price. Historical market data for the Slovak Republic suggests relatively low price sensitivity for chicken meat, with previous price increases having had no significant impact on demand.
Financial Health of the Sector
Predictive models indicate that approximately two-thirds of businesses may face possible financial difficulties in the coming years. Although larger producers are 6.67 times more likely to remain financially stable than smaller ones, size alone was not a reliable predictor of bankruptcy risk.
Investment Requirements
Maintaining current production levels after the transition to ECC will require significant investment, estimated at 36.4 - 65.8 million EUR.
Conclusion
It appears that some producers will need support mechanisms, whether in the form of guarantees or subsidies. These mechanisms should be implemented in a way that does not destabilize the sector and should carefully consider the form of assistance to avoid penalizing financially stable businesses
Modern Universal Growth Theory (MUGT): A comprehensive upgrade to Solow
Full text linkFor several decades, it has been recognized that the implementation of capital and labor augmented technical progress, as is done to date, leads to a theoretical paradox: either the CES production function has to be Cobb-Douglas or there exists labor augmented technical progress only. This so-called “Cobb-Douglas or labor augmented technical progress only paradox” continues to appear in economic models despite its inconsistency. In this paper, we reject the conventional approach, i.e., all kind of neutral and non-neutral capital and labor augmented technical progress and propose a revised implementation of technical progress that resolves the paradox. Economic growth is modeled as partly exogenous, driven by technical change, and partly endogenous, driven by capital accumulation. We provide formulas to translate total factor productivity (TFP) into economic growth to show the connection, thereby clarifying the link between TFP and output dynamics. This approach offers a new perspective on the Solow model and opens alternative paths for investigating endogenous growth mechanisms
Evaluación del método de corriente de bienes frente a un enfoque de demanda para estimar el gasto mensual de los hogares en Argentina
Full text linkThe paper evaluates the validity of the "flow of goods" method for estimating monthly household expenditure in Argentina, comparing it with an approach based on a demand function. Four retail time series (wholesale and retail supermarkets, shopping centers, and appliances) are analyzed from January 2017 to March 2025. Two VARX models are fitted: one based on the Industrial Production Index (IPI, flow of goods) and another on the relationship between the Consumer Price Index (CPI) deflated by the Wage Index (ISAL) and the Monthly Economic Activity Estimator (EMAE, demand function). The results indicate that the IPI only explains sales in malls and household appliances, while the CPI/ISAL ratio explains sales in all four types of stores, and the EMAE explains sales in malls and household appliances. This result suggests that monthly household expenditures adjust to prices, relative to wages, and in certain cases to income, independently of the flow of production. It is concluded that the flow of goods method is inadequate for monthly expenditure estimates, as it does not capture short-term consumer behavior. A mixed estimation strategy for aggregate consumption based on sales surveys and demand functions is proposed for those items whose sales are not recorded in the statistical system
Principles of Economics in the Maritime Industry: Market Forces, Elasticity, Consumer Demand, and Production Theory in the Context of Rapid Technological Advancements
Full text linkThis paper explores the application of core economic principles—market forces of supply and demand, elasticity, consumer demand theory, and production theory—in the maritime, shipping, and logistics industry. It emphasizes the critical role of rapid technological advancements in sustaining competitiveness within this sector. As technology becomes inseparable from operations, firms must adopt the latest innovations to optimize efficiency, reduce costs, and meet evolving consumer demands. The paper analyzes how these economic principles interact with technological integration, using examples from the maritime industry to illustrate their practical implications.
The maritime industry, a cornerstone of global trade and connectivity, is undergoing a profound transformation driven by rapid technological advancements. This paper explores the fundamental principles of economics—market forces, elasticity, consumer demand, and production theory—within this evolving maritime landscape. It examines how digitalization, automation, artificial intelligence, and green technologies are reshaping supply and demand dynamics, influencing pricing strategies, altering consumer expectations in sectors like cruise tourism, and revolutionizing shipbuilding and operational efficiencies. Through theoretical analysis and illustrative case studies, this research highlights the intricate interplay between economic principles and technological innovation, identifies key research gaps, and provides insights into future research directions for a sustainable and efficient maritime future
Financial Ratio Analysis: A Research Note on Post-Pandemic Lessons Across Sectors
Full text linkThis research note explores the evolving role of financial ratio analysis as a strategic tool for enhancing firms’ resilience and adaptability in crisis-prone environments. Drawing on recent contributions, it highlights how liquidity, solvency, and profitability ratios must be interpreted dynamically rather than statically to capture emerging risks and opportunities. The note emphasizes the growing importance of cross-sector benchmarking, real-time dashboards, and the integration of environmental, social, and governance (ESG) indicators into traditional ratio frameworks. It also stresses the behavioral and governance challenges associated with ratio interpretation, including biases and selective disclosure. By synthesizing these insights, this paper argues for a more adaptive, technology-enabled approach to ratio analysis that aligns with the demands of a volatile global economy. The findings offer practical implications for managers, regulators, and scholars aiming to strengthen firms’ crisis preparedness and long-term financial sustainability
The Perils of Speed: Branch Expansion and Bank Performance
Full text linkWe explore the limits of organizational expansion in the financial sector, highlighting how branch network growth impacts bank performance. Employing data from small and medium banks in China, we reveal that branch expansion at breakneck speed results in poor performance. We identify agency problems arising from poor governance, hindered information collecting, and heightened moral hazard that can intensify the costs associated with rapid growth. Our findings emphasize the dangers of ambitious expansion, offering critical insights for policymakers and bankers in managing the intertwined challenges of agency costs and the pace of growth, suggesting more balanced future bank branching strategies