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        <title>Acta Universitatis Sapientiae, Economics and Business Feed</title>
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            <title><![CDATA[Demand for Kerala’s International Tourism by the Top Three Source Markets: A Comparative Analysis]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0010</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[The study examines the role of economy, the environment, and the source country’s tourism seasonality in driving the inflow of tourists into Kerala from the top three source countries, viz. the United Kingdom (UK), the United States (US), and France. The methodology employed is the double-log regression technique. It was found that the income of the source countries was merely moderately and selectively related to the predicted variable, while environmental factors, viz. rainfall of the origin countries and the relative temperature, play a decisive role in shaping Kerala’s international tourism. At the same time, relative prices were relevant in explaining Kerala’s international tourism demand. We conclude that Kerala receives more foreign tourists (especially from the advanced economies in Europe and North America) not because the nominal income of the source markets rises but because Kerala’s destinations remain competitive for the tourists from the top three source markets. While climatic factors provide a background for tourism seasonality, it is argued that lower relative prices remain the primary and active force of tourist arrivals.]]></description>
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            <title><![CDATA[Revisiting the Financial Development and Income Inequality Nexus: Evidence from Hungary]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0011</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[The finance–inequality nexus has been a major topic of discussion since the 1990s and became even more so after the financial crisis of 2007–08. This paper aims to empirically investigate whether financial development and/or financial openness increased or decreased income inequality in Hungary over the period of 1971–2019. An empirical analysis of an autoregressive distributed lag (ARDL) model suggests the existence of long-run co-integration between the analysed variables. Financial openness contributes to reducing Hungarian income inequality in the short run but fuels greater income inequality in the long run. Whereas the effects of financial development on inequality vary according to the indicators, the domestic credit by banks has a significant negative effect on inequality in the short and long run, while the impact of the credit to the private sector from all the sectors on inequality is insignificant.]]></description>
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            <title><![CDATA[Catalysts of Economic Welfare in Africa: A Cross-Sectional Autoregressive Distributed Lag Approach]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0002</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[This study provides empirical perspectives on the catalysts of economic welfare in Africa, drawing inference from macroeconomic and non-macroeconomic factors. Leveraging a sample of a balanced panel dataset of 35 countries across Africa, this study provides novel applications of the cross-sectional autoregressive distributed lag methodology to economic welfare analysis in Africa. Issues of cross-sectional dependence and slope homogeneity were accounted for whilst establishing causal relationships between economic welfare proxied by the Human Development Index and macroeconomic and non-macroeconomic drivers of welfare. Based on cross-sectional autoregressive distributed lag estimation results, a 1% increase in economic growth was shown to account for a 0.233 percent and 0.253 percent increase in economic welfare in the long run and short run respectively. In addition, technology accounted for a 1.81 percent increase in economic welfare in the long run. The outcome of the Dumitrescu–Hurlin causality test demonstrated causality between trade openness, government effectiveness, economic growth, and economic welfare.]]></description>
            <category>ARTICLE</category>
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        <item>
            <title><![CDATA[Work–Life Balance, Supervisor Support, and Life Satisfaction in the Higher Education Sector]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0004</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[The study explores the relationship between work–life balance and supervisor support in the Indian higher education sector. More specifically, the study explores the effects of supervisor support on the work–life balance of female employees working in academia. We used online panel data comprised of 300 employees working in various universities, which we analysed by employing structural equation modelling. Results reveal that supervisor support is positively related to employee work–life balance and ultimately their life satisfaction. The findings also stress the importance of supervisor support for female employees, as its presence is a major boost in helping women reach the desired work–life balance. With the objective to augment work–life balance of women academicians, the work would guide managers as well as decision makers involved in the academic sector to implement women-friendly policies and programmes.]]></description>
            <category>ARTICLE</category>
        </item>
        <item>
            <title><![CDATA[Towards Sustainability on a Sea of Eco-Labels. Leading or Misleading?]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0009</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[Eco-labels help consumers navigate and promote environmental initiatives and curb greenwashing. The paper presents the eco-labels used in Romania by the government, companies, and consumers. The paper finds that Romania’s activities related to eco-labels, especially EU eco-labels, are lagging behind other developed countries. This is evidenced by the government’s inadequate communication, the online communication of economic players related to the topic, and consumers’ inadequate knowledge of eco-labels.]]></description>
            <category>ARTICLE</category>
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        <item>
            <title><![CDATA[Corporate Spin-Offs and Shareholders’ Wealth: A Systematic Review and Future Research Agenda]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0003</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[The spin-off has become a common mode of restructuring in the corporate world for the last few decades and has thus attracted the interest of researchers to investigate how this form of divestiture creates value for shareholders. While there is an agreement among researchers about the wealth creation of spin-offs around the announcement of the event, the sources of this wealth generation remain controversial. Moreover, the long-run stock performance of the spin-offs invites debates, as there are varied shreds of evidence in this regard. The present study endeavours to provide an overview of the existing literature by systematically reviewing 89 theoretical and empirical works published between 1976 and 2021 on short-term and long-term wealth effects separately to provide state-of-the-art research on the topic concerned. Based on the findings of existing literature, certain suggestions for future research have been made.]]></description>
            <category>ARTICLE</category>
        </item>
        <item>
            <title><![CDATA[Intergovernmental Fiscal Transfers and Tax Collection of Indian States: Estimation from Panel Data Models]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0012</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[This study tries to empirically estimate the effects of the composition of intergovernmental transfers on tax collection across the Indian states by using panel regression model. As intergovernmental transfers constitute almost 47 per cent in total revenue of the states, it could play a vital role in states’ own tax collection. The impact of different channels of federal transfers on tax capacities is examined among 25 Indian states over the period from 1991-92 to 2017-18. The study also attempted to capture the asymmetric effect of various forms of transfers, but findings reveal that only state plan grant has a significant effect on its own tax collection. The empirical evidence suggests that the composition of intergovernmental transfers has a dampening effect on states’ own tax revenue. Apart from transfers’ variables, the study incorporates socio-economic and certain political variables to estimate states’ own tax collections.]]></description>
            <category>ARTICLE</category>
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        <item>
            <title><![CDATA[Does Gender Wage Gap Exist among Farm Workers in Nigeria? Evidence from Decomposition-Matching Analysis]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0006</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[Using a cross-sectional survey data of agricultural farms, we investigate gender-based differences in farm wages among farm workers by randomly allocating farm workers into treatment (female) and control (male) groups with a simple random sampling technique. We used the Blinder–Oaxaca decomposition method to establish the gender wage gap and Propensity Score Matching to address assumptions and heterogeneity difficulties that plague the decomposition technique. Results show that female farm workers earn ₦ 9,170.83 less compared to their male counterparts, which indicates an unadjusted gender gap. This gender gap in farm wages is explained by the specific factors included in our model, so upgrading these variables could reduce gender inequalities in farm wages. Matching results indicate that the gender gaps estimated with nearest neighbour matching and kernel-based matching are 9.8% and 21.6% higher, respectively, than the gaps measured by the decomposition technique. Thus, the matching procedure was successful in identifying a sizeable proportion of gender gaps that are unexplained due to discrimination between male and female farm workers.]]></description>
            <category>ARTICLE</category>
        </item>
        <item>
            <title><![CDATA[Deciphering Financial Health and Risk: Hierarchical Relationships and Interdependencies among Key Factors]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0008</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[This study examines the hierarchical relationships and inter dependencies of financial factors impacting companies’ health, using Total Interpretive Structural Modelling and Matrice d’Impacts Croisés Multiplication Appliquée à un Classement analyses. It identifies key financial factors and their influences. Findings reveal credit risk as a pivotal factor with substantial impact on other parameters. Solvency, capital adequacy, and Tier 1 capital ratios are also key determinants of financial health. The study further categorizes factors into independent, linkage, autonomous, and dependent categories. This research offers valuable insights for managers, policymakers, and investors aiding decision-making.]]></description>
            <category>ARTICLE</category>
        </item>
        <item>
            <title><![CDATA[Financial Well-Being and Financial Stress: Examining the Moderating Effect of Gender]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0001</link>
            <guid isPermaLink="false">/article/10.2478/auseb-2023-0001</guid>
            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[The study aims to investigate the relationship between financial well-being and financial stress while examining the moderating role of gender. The study uses a survey method, and data were collected in Kashmir Province of Jammu and Kashmir, northern India, from 168 respondents selected on a convenience sampling basis. The results strongly supported the hypothesised model and have put forth evidence that financial well-being has a negative impact on financial stress and that this relationship is moderated by gender. The study has important implications for academia, future researchers, governments, and policymakers aiming at improving their citizens’ quality of life, health, and well-being, a key sustainable development goal, and the ultimate goal of the Transformative Consumer Research Agenda.]]></description>
            <category>ARTICLE</category>
        </item>
        <item>
            <title><![CDATA[Effect of Crude Oil Revenue on the Oil and Non-oil Sectors in Nigeria]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0007</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[The debate for oil-rich economies to plough their oil windfalls into real economic activities to spur diversification has become intense due to the deficit fiscal crisis and poor socio-economic profile of resource-abundant nations. Therefore, we use secondary data from the period between 1981 and 2020 to assess the impact of crude oil revenue on the oil and non-oil sector output performance in Nigeria. The study adopts the ARDL (i.e. autoregressive distributed lag) and the augmented Granger causality techniques to analyse the data. The ARDL regressions show that crude oil positively impacts oil sector performance, but the impact is only substantial in the short run. Crude oil revenue exerts a positive and insignificant effect on the short-run non-oil sector output, whereas, over the long run, it has a negative but significant effect. To propel growth, the study recommends using the excess crude oil earnings to develop non-oil sectors such as agriculture, services, and manufacturing.]]></description>
            <category>ARTICLE</category>
        </item>
        <item>
            <title><![CDATA[Beyond the Big Five: How Dynamic Personality Traits Predict Financial Risk Tolerance?]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2023-0005</link>
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            <pubDate>Thu, 19 Oct 2023 00:00:00 GMT</pubDate>
            <description><![CDATA[The present study examines the impact of dynamic personality traits (emotions, financial self-efficacy, trait anger, resilience, and intolerance of uncertainty) on the financial risk tolerance of an investor. To that end, the study uses data collected from 486 stock market investors adopting a structured questionnaire, and the hypothesised relationships are evaluated through structural equation modelling. Results indicate that financial self-efficacy, positive emotion, and resilience improve the investor’s financial risk tolerance, whereas intolerance of uncertainty, trait anger, and negative emotions bear a negative influence on financial risk tolerance. These findings are novel to the financial risk tolerance literature and deepen our understanding of the precursors of risky investment behaviour. Further, this study entails several practical implications for financial advisors and wealth managers.]]></description>
            <category>ARTICLE</category>
        </item>
        <item>
            <title><![CDATA[Supplier Selection during the COVID-19 Pandemic Situation by Applying Fuzzy TOPSIS: A Case Study]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2022-0006</link>
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            <pubDate>Thu, 13 Oct 2022 00:00:00 GMT</pubDate>
            <description><![CDATA[During the COVID-19 pandemic situation, many factories, companies, and organizations faced difficulties supplying raw materials. Multi-criteria decision-making techniques (MCDM) could be a proper solution that helps managers to make an appropriate and fast decision in supplier selection in such unusual situation. The goal of my research is not only to employ the technique for order of preference by similarity to ideal solution (TOPSIS) in a fuzzy environment but also to use a new criterion, namely “number of employees”, for evaluating suppliers during the COVID-19 pandemic situation. Applying fuzzy logic during unstable conditions helps decision makers to make a logical and more precise decision. In this study, five criteria, that is, quality, delivery, price, number of employees, and lead time, are considered to compare and select an appropriate supplier. The results show that “number of employees” is an essential criterion in supplier selection during abnormal conditions like the COVID-19 pandemic situation.]]></description>
            <category>ARTICLE</category>
        </item>
        <item>
            <title><![CDATA[Differences in Capital Market Network Structures under COVID-19]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2022-0002</link>
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            <pubDate>Thu, 13 Oct 2022 00:00:00 GMT</pubDate>
            <description><![CDATA[This paper analyses the structural changes of the underlying stock and currency markets as well as the industrial productions by using a minimum spanning tree graph on a Central and East European sample. The aim is to point out the similarities and differences of the COVID-19 pandemic compared to previous recessions, namely the Dot-com crisis in the early 2000s and the Subprime crisis around 2008. Focusing on the incidence, closeness, and betweenness properties of the graph, we are looking for the emergence of a shock-propagating hub. We identify such a hub during the Subprime crisis but not during the COVID-19 pandemic, which points to the higher efficiency of the economic policy to absorb the worst effects of the crisis.]]></description>
            <category>ARTICLE</category>
        </item>
        <item>
            <title><![CDATA[The Impact of Oil Price on Economic Growth in Middle-Income Oil-Importing Countries: A Non-Linear Panel ARDL Approach]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2022-0003</link>
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            <pubDate>Thu, 13 Oct 2022 00:00:00 GMT</pubDate>
            <description><![CDATA[In this study, the impact of the crude oil price on economic growth is investigated in seven middle-income oil-importing countries in sub-Saharan Africa (SSA), namely Botswana, Kenya, Mauritania, Mauritius, Namibia, South Africa, and Zambia. The estimation is based on both linear and non-linear panel autoregressive distributive lag (panel ARDL) models. The real oil price is decomposed into negative oil price shock and positive oil price shock in order to examine the non-linear impact of oil price on economic growth. Using an annual dataset from 1990 to 2018, it was found that in the symmetric model the oil price has a positive and significant impact on economic growth in the long run. The short-run estimates, however, show that the oil price has no significant impact on economic growth. The overall results from the asymmetric model also show that there is a non-linear relationship between oil price and economic growth in the studied countries.]]></description>
            <category>ARTICLE</category>
        </item>
        <item>
            <title><![CDATA[Indian and Chinese Metal Futures Markets: A Linkage Analysis]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2022-0001</link>
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            <pubDate>Thu, 13 Oct 2022 00:00:00 GMT</pubDate>
            <description><![CDATA[This paper aims to test the long-run and short-run relationships between the Indian and Chinese metal futures markets using the weekly closing prices of three nonferrous metals, that is, copper, aluminium, and zinc, for the period of 2009–2020. The empirical results show no cointegration for any of the three metals. The Granger causality test suggests a unidirectional relationship from India to China for copper futures and bidirectional causality for aluminium and zinc futures markets. This paper contributes to the literature by studying the relationship between the mentioned two emerging markets, which are top producers and consumers in commodities and have growing futures markets. The results have important implications for investors, portfolio makers, and policymakers of emerging economies.]]></description>
            <category>ARTICLE</category>
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        <item>
            <title><![CDATA[Topic Classification of Central Bank Monetary Policy Statements: Evidence from Latent Dirichlet Allocation in Lesotho]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2022-0012</link>
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            <pubDate>Thu, 13 Oct 2022 00:00:00 GMT</pubDate>
            <description><![CDATA[This article develops a baseline on how to analyse the statements of monetary policy from Lesotho’s Central Bank using a method of topic classification that utilizes a machine learning algorithm known as Latent Dirichlet Allocation. To evaluate the changes in the policy distribution, the classification of topics is performed on a sample of policy statements spanning from February 2017 to January 2021. The three-topic Latent Dirichlet Allocation model extracted topics that remained prominent throughout the sample period and were most closely reflective of the functions of the Central Bank of Lesotho Monetary Policy Committee. The topics identified are: (i) International Monetary and Financial Market Conditions; (ii) Monetary Policy Committee and International Reserves; (iii) Regional and International Economic Policy Conditions. The three-topic Latent Dirichlet Allocation model was determined as the most appropriate model through which a consistent analysis of topic evolution in Central Bank of Lesotho Monetary Policy Statements can be performed.]]></description>
            <category>ARTICLE</category>
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        <item>
            <title><![CDATA[The Impact of Tourism Development and Economic Growth on Poverty Reduction in Kazakhstan]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2022-0005</link>
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            <pubDate>Thu, 13 Oct 2022 00:00:00 GMT</pubDate>
            <description><![CDATA[The paper examines the long-run relationship between poverty reduction, economic growth, and tourism development in Kazakhstan during the period of 2001–2017. We expand the basic model by including other poverty determinants such as inequality, unemployment, and spending on health. We use the Autoregressive Distributed Lag (ARDL) approach to test the co-integration of variables, as the ARDL bound test of co-integration is less restrictive and provides more reliable coefficients than other time series econometric models. The ARDL bound test results show that there exists a long-run relationship between the said variables. The coefficients of all variables have the expected signs in the long run.]]></description>
            <category>ARTICLE</category>
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            <title><![CDATA[Global Economic Uncertainties and Exchange Rate Management in Africa: A Panel Study]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2022-0010</link>
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            <pubDate>Thu, 13 Oct 2022 00:00:00 GMT</pubDate>
            <description><![CDATA[This study investigates the effects of global economic uncertainties on exchange rate management in Africa from 1990 to 2021. Employing the quantile regression technique, findings show that both global and domestic economic uncertainties have significant influence on exchange rate management in Africa. The intensity of global economic uncertainty rises during the bearish and transitional markets, but dependence declines during the bullish markets. Moreover, the relationship between domestic uncertainty and African exchange rate management shows that the structure of dependence improves around the upper tails but declines around the lower tails. African countries should pay attention to global economy in order to combat any impending negative effects of global economic uncertainties. Also, attention should be paid to other uncertainties such as political, social, or other factors that may aggravate domestic economic uncertainties.]]></description>
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            <title><![CDATA[SAFE: The New-Age Service Marketing Mix for the New-Age Internet-Based Services]]></title>
            <link>https://reference-global.com/article/10.2478/auseb-2022-0007</link>
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            <pubDate>Thu, 13 Oct 2022 00:00:00 GMT</pubDate>
            <description><![CDATA[Internet-based services have emerged at a fast pace, but the literature thereon has not kept pace with it. Researchers and marketers still refer to the traditional marketing frameworks to define and manage these services. This paper argues that this approach is detrimental both to the academicians and the practitioners. The paper attempts to establish that Internet-based services are significantly different from the traditional services and require contemporary marketing frameworks. Further, a new-age marketing mix, SAFE, is proposed, which is expected to help marketers manage Internet-based service more efficiently.]]></description>
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