scholarly journals GOVERNMENT MEASURES AND ECONOMIC ACTIVITY DURING THE COVID-19 OUTBREAK: SOME PRELIMINARY SHORT-TERM EVIDENCE FROM EUROPE

2021 ◽  
pp. 18-41
Author(s):  
Maria Daniela GIAMMANCO ◽  
Lara GITTO
Keyword(s):  
Control Variable ◽  
Consumer Confidence ◽  
Percentage Change ◽  
Retail Sale ◽  
Present Contribution ◽  
Explanatory Variables ◽  
Government Response ◽  
Economic Support ◽  
The Government ◽  
The Impact

The present contribution is aimed at offering evidence of the impact of antiCOVID government actions on trade. Using monthly Eurostat data, it investigates the relationship between the turnover of sales and the adoption of governmental measures. Explanatory variables encompass three indexes measuring the government response, namely, a stringency, a health containment and an economic support index. A consumer confidence index is used as control variable. It has been estimated through a generalised least squares model with heteroskedasticity and autocorrelation. The results outline that the percentage change of the index of deflated turnover of retail sale of food, beverages and tobacco is positively correlated with consumer confidence and negatively correlated with restrictive governmental measures. It is also determined that the percentage change of the index of deflated turnover of retail sale via internet is positively correlated with stringency governmental measures, this confirms the growing importance of internet as channel for trade.

scholarly journals The Innovation of Government Bonds in the Growth of an Emergent Capital Market

2021 ◽  
Vol 7 (1) ◽  
pp. 103
Author(s):  
Cordelia Onyinyechi Omodero ◽  
Philip Olasupo Alege
Keyword(s):  
Capital Market ◽  
Research Work ◽  
Government Bonds ◽  
Market Capitalization ◽  
Market Growth ◽  
Explanatory Variables ◽  
The Government ◽  
The Impact ◽  
Total Market ◽  
The Capital Market

The growth of an emerging capital market is necessary and requires all available resources and inputs from various sources to realize this objective. Several debates on government bonds’ contribution to Nigeria’s capital market developmental growth have ensued but have not triggered comprehensive studies in this area. The present research work seeks to close the breach by probing the impact of government bonds on developing the capital market in Nigeria from 2003–2019. We employ total market capitalization as the response variable to proxy the capital market, while various government bonds serve as the independent variables. The inflation rate moderates the predictor components. The research uses multiple regression technique to assess the explanatory variables’ impact on the total market capitalization. At the same time, diagnostic tests help guarantee the normality of the regression model’s data distribution and appropriateness. The findings reveal that the Federal Government of Nigeria’s (FGN) bond is statistically significant and positive in influencing Nigeria’s capital market growth. The other predictor variables are not found significant in this study. The study suggests that the Government should improve on the government bonds’ coupon, while still upholding the none default norm in paying interest and refunding principal to investors when due.

scholarly journals Children in prison during COVID-19: the new “double jeopardy”

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Anne-Marie Day
Keyword(s):  
Design Methodology ◽  
Young Offender ◽  
Double Jeopardy ◽  
England And Wales ◽  
Content Type ◽  
Government Response ◽  
Opinion Piece ◽  
The Government ◽  
The Impact

Purpose The purpose of the paper is to consider the impact on children in custody of the government response to COVID-19 in England and Wales. As the majority of children are held in young offender institutions, this forms the focus of the piece. Design/methodology/approach A review and opinion piece on the government response and the impact of decisions about the juvenile custodial estate on incarcerated children. Findings No specific findings as this is an opinion piece. Originality/value This paper offers a viewpoint on the government response to COVID-19 and its impact on children in custody. It considers key publications that have cited concerns since the lockdown and seeks to identify key themes emerging from the publications.

Human Capital Impact on Economic Growth in Nigeria

2021 ◽  
Vol 7 (18) ◽  
pp. 15-22
Author(s):  
Chuwuemeka Ogugua AGBO ◽  
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Time Series Data ◽  
Capital Expenditure ◽  
Private Investment ◽  
Series Data ◽  
Tertiary Institutions ◽  
Explanatory Variables ◽  
The Government ◽  
The Impact

This study aims to examine the impact of human capital on economic growth in Nigeria. Despite all effort to improve education condition in Nigeria, there hasn’t been much encouraging improvement. This has caused a large number of the population to move abroad for studies. Most conducive tertiary institutions are owned by private individuals, the government owned universities have been overlooked and recklessly abandoned. In this study OLS multiple regression was adopted to analyze the time series data for the period of 1985-2018 to test if Average Year of Schooling (AVYS), Private Investment in Telecommunication (PIT), Capital Expenditure on Education (CEE), and Recurrent Expenditure on Education (REE) have an impact on growth in Nigeria or not. The data was derived from CBN statistical Bulletin (2018). Result showed that all the four explanatory variables have significant impact on Economic growth. However, it is therefore important for government to increase education budget annually.

Role of E-Government and Open Data to Enhance Transparency Practices

2020 ◽  
pp. 47-54
Author(s):  
Kim Young ◽  
Mew Leng Yin
Keyword(s):  
Control Variable ◽  
Open Data ◽  
Literacy Rate ◽  
Review Section ◽  
Open Government Data ◽  
Other Information ◽  
Government Data ◽  
Asean Countries ◽  
The Government ◽  
The Impact

E-government involves the use of latest skills by the government while providing the services and other information management systems to its citizens. Open data refers to the openness of all the data related to government to its citizens so that the government becomes more and more transparent and to decrease negative activities. Transparency refers to the clear and clean image of a government towards its people, which increases the trust of people on their government. The motive of this study is to analyze the impact of e-government adoption and open government data on transparency in ASEAN countries. Two control variables i.e. literacy rate and corruption have also been used in the study. The past literature has also been discussed in literature review section of this study. In order to conduct research, data about the concerned variables of the study has been collected from ASEAN countries consisting of 29 years. After applying several tests and approaches for research purpose, the two major hypotheses of this study are accepted along with the impact of a control variable, corruption. However, the impact of other control variable i.e. literacy rate has been rejected. There are various theoretical, practical and policy making benefits that will increase the transparency.

E-Government Adoption and Agricultural Extension Services Facilitate and Growth in ASEAN Region

2020 ◽  
pp. 39-46
Author(s):  
Karuna moorthy ◽  
Andreas Kalman
Keyword(s):  
Agricultural Sector ◽  
Control Variable ◽  
Agricultural Extension ◽  
Extension Services ◽  
Literacy Rate ◽  
Review Section ◽  
Agricultural Growth ◽  
Asean Countries ◽  
The Government ◽  
The Impact

E-government is the employment of latest technologies and innovative practices in the services offered by the government and other information management systems to increase transparency and efficiency of these services. Agricultural extension services involve all the new and latest technologies related to the agricultural sector of a country. Agricultural sector is important for any country as most of the people are associated with this sector. This research studies the impact of e-government adoption and agricultural extension services on agricultural growth in ASEAN countries. In addition to these variables, two control variables i.e. literacy rate and population have also been used. The studies from the past research have been discussed in literature review section of this paper. To conduct research, data about the above-mentioned variables has been collected from ASEAN countries consisting of 28 years. After using several techniques and approaches, one of the two major hypotheses of this study is accepted along with the impact of a control variable, literacy rate. However, the other major hypothesis and the impact of other control variable i.e. population is rejected. This study has various theoretical, practical and policy making implications to increase agricultural growth.

The Impact of the Global Crisis on Cuba's Economy and Social Welfare

2010 ◽  
Vol 42 (4) ◽  
pp. 689-717 ◽  
Author(s):  
CARMELO MESA-LAGO ◽  
PAVEL VIDAL-ALEJANDRO
Keyword(s):  
Social Services ◽  
Open Economy ◽  
Developing Economies ◽  
Socialist Economy ◽  
Economic Policies ◽  
Government Response ◽  
Transmission Mechanisms ◽  
World Economic ◽  
The Government ◽  
The Impact

AbstractThe mechanisms by which the world economic crisis has been transmitted from developed to developing economies are conditioned by domestic factors that may attenuate or accentuate external economic shocks and their adverse social effects. Cuba is a special case: it is an open economy and hence vulnerable to trade-growth transmission mechanisms, but at the same time, it is a socialist economy with universal social services. This article reviews the literature, summarises Cuba's domestic socio-economic strengths and weaknesses prior to the crisis, evaluates the effects of the crisis on the macro-economic and social services indicators, assesses the government response and suggests alternative socio-economic policies.

scholarly journals Italy on COVID-19: Response and Strategy

2020 ◽  
Vol 14 (2) ◽  
pp. 389
Author(s):  
Fadhila Inas Pratiwi ◽  
Lilik Salamah
Keyword(s):  
Mortality Rate ◽  
Literature Review ◽  
News Media ◽  
Academic Journals ◽  
Think Tank ◽  
Government Response ◽  
The Third ◽  
Government Measure ◽  
The Government ◽  
The Impact

Coronavirus Diseases (COVID-19) in Italy was remarkably immense, with more than two hundred thousand infected cases, and more than thirty thousand people had died because of the virus as of 27th July 2020. The high number of mortality rate makes the Italy case is essential to be further explored. This article aims to elaborate on government response and strategy in handling COVID-19 that spread within the country. This article unfolds in four sections; the first part discusses how COVID-19 could spread massively in Italy and cause death for a thousand people. The second part explains the government measure and its effectivity in containing the virus. The third part elaborates on the impact of COVID-19 along with the government response in the socio-economic aspect. The last part explores the future of Italy after COVID-19. The article employs a literature review that analyzes information from various sources such as academic journals, research reports from the think tank, and news media outlets. Keywords: Coronavirus, Italy, Government, Response Kasus coronavirus di Italia sangat tinggi dan massif dengan lebih dari dua ratus ribu orang terinfeksi dan lebih dari lima puluh ribu orang meninggal pertanggal 27 Juli 2020. Tingginya jumlah orang yang terinfeksi dan jumlah orang yang meninggal membuat Italia menjadi kasus yang menarik untuk dibahas. Tujuan dari artikel ini untuk mengelaborasi tentang bagaimana respon dan strategi pemerintah Italia dalam menangani virus yang sudah menyebar di Italia. Artikel ini terdiri dari empat bahasan, pertama membahas tentang awal mula COVID-19 bisa menyebar secara masif di Italia dan mengakibatkan puluhan ribu orang meninggal. Kedua, membahas tentang bagaimana respon dari pemerintah Italia dan juga efektifitasnya dalam menangani penyebaran virus ini. Ketiga, membahas tentang dampak yang diakibatkan dari COVID-19 beserta respon pemerintah terhadap aspek sosio-ekonomi di Italia. Keempat, mendiskusikan bagaimana masa depan Italia setelah COVID-19. Artikel ini menggunakan tinjauan pustaka untuk melakukan analisis terkait dengan topik artikel yang berasal dari banyak sumber seperti jurnal akademis, laporan peneltian, artikel berita dan lain sebagainya.  Kata-kata Kunci: Coronavirus, Italia, Pemerintah, Respons 

scholarly journals An interaction effect of perceived government response on COVID-19 and government agency’s use of ICT in building trust among citizens of Pakistan

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mahnaz Mansoor
Keyword(s):  
Social Media ◽  
Government Agency ◽  
The Body ◽  
Quality Information ◽  
Content Type ◽  
Government Response ◽  
The Government ◽  
The Impact ◽  
Moderating Role

Purpose Among the digital age players, one of the fastest-growing digital channels is social media. In the past few years, developing nations’ government entities and political parties started using social media platforms to broadcast important information regarding decisions made at the state level. Pakistan is among those countries. Therefore, this study aims to empirically investigate the impact of the government agency’s provision of quality information on social media in establishing trust among citizens of Pakistan in a government agency with an underlying mechanism of citizens’ perception about agency’s transparency and responsiveness along with moderating role of perceived government response on COVID-19. Design/methodology/approach Data was collected from 542 social media followers of the Associated Press of Pakistan (a government news agency) and was analysed using measurement and structural models by using SmartPLS 3.3.0. Findings Results revealed that the interactive effect of government response on COVID-19 and government agency’s provision of quality information on social media strengthens the association of government presence on social media with citizens’ perception of the agency’s transparency and responsiveness and their trust in the agency. Practical implications Furthermore, the current study will contribute to the body of knowledge regarding the government agency’s use of information and communication technology and the government’s resultant response on COVID-19. Originality/value An extensive study of the literature revealed a gap available regarding the mediatory role of the citizens’ perception about agency’s transparency and responsiveness in between the association of government agency’s provision of quality information on social media and citizens’ trust in the government agency. Also, to the best of the author’s knowledge, no study to date has investigated the moderating role of government response on COVID-19 in between the relationship of government agency’s provision of quality on social media and citizens’ trust in the government agency and their perception about agency’s transparency and responsiveness. Thus, the current study aimed to address these existing gaps in the literature.

Geographical Determinants of Quantity and Rating of Online Hotel Reviews in Central Poland

2019 ◽  
Vol 53 ◽  
pp. 5-5 ◽  
Author(s):  
Tomasz Napierała ◽  
Katarzyna Leśniewska-Napierała
Keyword(s):  
Social Media ◽  
Control Variable ◽  
Media Management ◽  
Factors Affecting ◽  
Explanatory Variables ◽  
Average Value ◽  
Media Type ◽  
Central Poland ◽  
Geographical Factors ◽  
The Impact

Purpose. The aim of this enquiry is to determine the impact of various geographical factors on the rating and popularity of hotels in selected social media. Method. Research was conducted for all 193 star-ranked hotels operating in July 2017, in central Poland. However, analysis covered only those establishments which used all considered online review sources (118 star-ranked hotels). The criteria for the selection of social media were their popularity and the ability to rate the hotel by the guests. The analysed social media channels include: Booking.com, GoogleMaps, Facebook, TripAdvisor and Trivago. To achieve the research objective, 15 semi-logarithmic models were estimated to explain the variability of: 1) number of hotel reviews posted on social media sites, 2) average hotel ratings in social media, and 3) multiplied effect of quantity and average value of online hotel ratings; separately for each type of analysed social media. The following geographical explanatory variables were considered: 1) type of location (urban or rural), 2) distance from closest transport modes (road, rail and air), 3) distance to the nearest tourist attractions, 4) distance from the closest administrative centre, 5) distance from the nearest competing hotels. The hotel star-rank was a control variable included in the study. Findings. Among the analysed explanatory variables, the most important geographical factor conditioning the number of hotel service quality assessments in central Poland on social media sties was communication accessibility, and then, the closeness of competing hotels. Regardless of the type of social media, no significant influence of practically any of the analysed geographical determinants on the average value of ratings in social media was identified. Research and conclusions limitations: The models explained the observed variability of variables, finding hotel ratings in social media to be at an insignificant level, between 8% and 33%. Practical implications. Social media management is currently one of the key areas of marketing communication run by hotel enterprises. This article should make those who are responsible for managing social media in business practice more focused on geographical context. Originality. The article is the first known attempt to the authors to assess geographical factors affecting the rating and popularity of hotels in social media. Type of paper. The article presents findings from empirical research.

scholarly journals The Impact of Technological Innovation on Corporate Performance: Evidence From the Communication and Cultural Industry in China

2018 ◽  
Vol 9 (4) ◽  
pp. 78
Author(s):  
Maoguo Wu ◽  
Nan Gu
Keyword(s):  
Technological Innovation ◽  
Corporate Performance ◽  
Positive Impact ◽  
Strong Support ◽  
Listed Companies ◽  
Cultural Industry ◽  
Explanatory Variables ◽  
The Government ◽  
Increasing Demand ◽  
The Impact

China’s communication and cultural industry is an emerging industry at the primary stage of its development. Nowadays, the public’s increasing demand for cultural products, coupled with the strong support from the state and the government for the communication and cultural industry, have provided huge room for the development of this industry. However, some listed companies in the communication and cultural industry have not kept up with the constantly changing market and have not invested heavily in R&D and technological innovation, resulting in widespread product homogeneity and poor corporate performance. This paper empirically tests the impact of technological innovation on corporate performance of 56 listed companies from 2007 to 2016 in the communication and cultural industry. Along with variables that proxy technological innovation, variables that proxy solvency, profitability, operational capability, development capability, social responsibility, and shareholder indicators are included in the regression as explanatory variables. Empirical results show that technological innovation has a positive impact on the corporate performance of listed companies in the communication and cultural industry.

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