scholarly journals The Impact of Government Efficiency, Corruption, and Inflation on Public Debt: Empirical Evidence from Advanced and Emerging Economies

2021 ◽  
Vol 29 (3) ◽  
Author(s):  
Wei Ni Soh ◽  
Haslinah Muhamad ◽  
Ong Tze San
Keyword(s):  
Emerging Economies ◽  
Public Debt ◽  
Positive Impact ◽  
Empirical Relationship ◽  
Inflation Rates ◽  
Advanced Economies ◽  
Government Efficiency ◽  
Relationship Of ◽  
The Impact ◽  
Positive Effect

This research investigates the empirical relationship of government efficiency, corruption, and inflation regarding public debt between advanced and emerging economies. Random effects estimation is used to analyse a sample of 40 countries. The analysis results show that corruption and inflation in advanced economies have a significant and positive effect on public debt. Corruption affects public debt to increase, but on the flip side, inflation affects public debt to decrease. In emerging economies, the results show a positive impact of government efficiency on public debt. Hence, government efficiency will be considered an obstacle when a policy initiated to reduce public debt. Meanwhile, policymakers should take note countries’ corruption and inflation rates when formulating policies to reduce public debt in advanced economies.

Government Financial Assets and Debt Sustainability

2017 ◽  
Vol 17 (173) ◽  
Author(s):  
Camila Henao Arbelaez ◽  
Nelson Sobrinho
Keyword(s):  
Emerging Economies ◽  
Public Debt ◽  
Emerging Market ◽  
Financial Assets ◽  
Multiple Sources ◽  
Debt Sustainability ◽  
Sovereign Spreads ◽  
Advanced Economies ◽  
Key Dimensions ◽  
The Impact

Do government financial assets help improve public debt sustainability? To answer this question, we assemble a comprehensive dataset on government assets using multiple sources and covering 110 advanced and emerging market economies since the late 1980s. We then use this rich database to estimate the impact of assets on two key dimensions of debt sustainability: borrowing costs and the probability of debt distress. Government financial assets significantly reduce sovereign spreads and the probability of debt crises in emerging economies but not in advanced economies, and the effect varies with asset characteristics, notably liquidity. Government finacial assets also help discriminate countries across the distribution of sovereign spreads, thus signaling information about emerging economies’ creditworthiness.

IMPACT OF GOVERNMENT DEBT ON FINANCIAL SECURITY OF UKRAINE

2017 ◽  
Author(s):  
Olena Pikaliuk ◽  
◽  
Dmitry Kovalenko ◽  
Keyword(s):  
Economic Development ◽  
Public Debt ◽  
Positive Impact ◽  
The State ◽  
Financial Security ◽  
State Budget ◽  
The Public ◽  
Debt Security ◽  
The Stability ◽  
The Impact

One of the main criteria for economic development is the size of the public debt and its dynamics. The article considers the impact of public debt on the financial security of Ukraine. The views of scientists on the essence of public debt and financial security of the state are substantiated. An analysis of the dynamics and structure of public debt of Ukraine for 2014-2019. It is proved that one of the main criteria for economic development is the size of public debt and its dynamics. State budget deficit, attracting and using loans to cover it have led to the formation and significant growth of public debt in Ukraine. The volume of public debt indicates an increase in the debt security of the state, which is a component of financial security. Therefore, the issue of the impact of public debt on the financial security of Ukraine is becoming increasingly relevant. The constant growth and large amounts of debt make it necessary to study it, which will have a positive impact on economic processes that will ensure the stability of the financial system and enhance its security.

How Does Public Debt Affect the Indian Macroeconomy? A Structural VAR Approach

2020 ◽  
Vol 14 (3) ◽  
pp. 253-284
Author(s):  
Ranjan Kumar Mohanty ◽  
Sidheswar Panda
Keyword(s):  
Economic Growth ◽  
Interest Rate ◽  
Public Debt ◽  
Positive Impact ◽  
Decomposition Analysis ◽  
Structural Var ◽  
Adverse Impact ◽  
Mixed Effect ◽  
Domestic Debt ◽  
The Impact

The study investigates the macroeconomic effects of public debt in India during 1980–2017 using a structural vector autoregression framework. The objective is to examine the impact of public debt on the interest rate, investment, inflation and economic growth in India. The results of the impulse response functions show that public debt has an adverse impact on economic growth but a positive impact on the long-term interest rate in the short run and a mixed effect (both negative and positive) on investment and inflation. We also find that domestic debt has a more adverse impact on the economy than external debt. The estimated variance decomposition analysis finds that much of the variation in selected macro variables are explained by public debt and growth in India. This study suggests that public debt especially domestic debt should be controlled and channelled productively to have a favourable impact on the economy. JEL Classification: H63, O40, C40

scholarly journals Impact of Authoritative and Laissez-Faire Leadership on Thriving at Work: The Moderating Role of Conscientiousness

2021 ◽  
Vol 11 (3) ◽  
pp. 667-685
Author(s):  
Zulfiqar Ahmed Iqbal ◽  
Ghulam Abid ◽  
Muhammad Arshad ◽  
Fouzia Ashfaq ◽  
Muhammad Ahsan Athar ◽  
...  
Keyword(s):  
Leadership Style ◽  
Positive Impact ◽  
Work Relationship ◽  
Laissez Faire ◽  
Relationship Of ◽  
The Impact ◽  
The Relationship ◽  
Moderating Role ◽  
Thriving At Work

This study empirically investigates the less discussed catalytic effect of personality in the relationship of leadership style and employee thriving at work. The growth and sustainability of the organization is linked with the association of leadership style and employee thriving at the worplace. The objectives of this study are to explore the impact of authoritative and laissez-faire leadership styles and the moderating role of the personality trait of conscientiousness on thriving in the workplace. A sample of 312 participants was taken from a leading school system with its branches in Lahore and Islamabad, Pakistan. The participants either worked as managers, teachers in headquarters, or school campuses, respectively. The regression results of the study show that authoritative leadership and conscientiousness have a significantly positive impact on thriving at work. Furthermore, conscientiousness moderates the relationship between laissez-faire style of leadership and thriving at work relationship. The findings of this study have theoretical implications for authoritative and laissez-faire leadership, employee conscientiousness, and managerial applications for the practitioners.

scholarly journals The Impact of Accounting Conservatism on Corporate Performance Indicators in Egypt

2019 ◽  
Vol 14 (10) ◽  
pp. 1
Author(s):  
Hanaa A. El-Habashy
Keyword(s):  
Performance Indicators ◽  
Corporate Performance ◽  
Positive Impact ◽  
Accounting Conservatism ◽  
Return On Assets ◽  
Return On Equity ◽  
Accounting Performance ◽  
Conservative Accounting ◽  
The Impact ◽  
Positive Effect

This study aims to investigate the impact of conservative accounting on corporate performance indicators of Egyptian firms. A sample of balanced data for the 40 most active non-financial companies was collected in the period 2009-2014 to test hypotheses. Panel regression models were used for data analysis. Givoly & Hayn (2000) indicator is used as a benchmark for measuring accounting conservatism. The corporate performance indicators used in this study are return-on-assets (ROA) and return on equity (ROE) representing accounting performance measures, as well as Tobin’s Q which measures market performance. The results of the research show that accounting conservatism has a significant positive impact on corporate performance indicators. This reflects the positive effect of corporate performance on shareholders that leads to a strong corporate financial position. To the best of our knowledge, no study has been conducted in Egypt as an emerging economy.

scholarly journals Diabetes mellitus and chronic liver diseases. Literature review (part 2): treatment features

2019 ◽  
Vol 91 (12) ◽  
pp. 115-121
Author(s):  
Z A Kalmykova ◽  
I V Kononenko ◽  
A Yu Mayorov
Keyword(s):  
Diabetes Mellitus ◽  
Carbohydrate Metabolism ◽  
Drug Effects ◽  
Chronic Liver ◽  
Impaired Liver Function ◽  
Pathological Conditions ◽  
Impaired Liver ◽  
Relationship Of ◽  
The Impact ◽  
Positive Effect

Diabetes mellitus (DM) and chronic liver disease (CLD) are pathological conditions associated with each other and reaching epidemic proportions. There is a strong pathogenetic relationship of carbohydrate metabolism disorders and a number of CLD. Common mechanisms that provoke metabolic and autoimmune disorders in the development of various CLD, leading to steatosis, insulin resistance (IR), impaired glucose tolerance and the development of DM are described. Effective glycemic control can have a beneficial effect on the treatment of these patients, and, conversely, there is evidence of a positive effect of CLD therapy on carbohydrate metabolism. This review discusses the correction of carbohydrate metabolism in patients with CLD, the main groups of modern hypoglycemic drugs, mechanisms of their action, the impact on the physiology of the liver, the possibility of using each of these pharmacological groups in patients with impaired liver function. The modern approaches and possibilities of drug effects on the process of fibrogenesis in CLD, the effect of these drugs on carbohydrate metabolism are listed.

scholarly journals Перспективы применения гуминового комплекса на виноградниках Крыма

2019 ◽  
pp. 122-127
Author(s):  
Magometsaigit Beibulatov ◽  
Nadezhda Tikhomirova ◽  
Natalia Urdenko ◽  
Roman Buival ◽  
Yana Radionovskaya
Keyword(s):  
Positive Impact ◽  
Cabernet Sauvignon ◽  
Wine Grapes ◽  
Total Sugars ◽  
Table Grapes ◽  
New Generation ◽  
The Impact ◽  
Positive Effect ◽  
Average Cluster

В статье представлены результаты двухлетних исследований по изучению влияния внекорневых подкормок гуминовым препаратом нового поколения GSN-2004 HUMILIFEтм (ОСН-2004) на урожай и качество винограда столового сорта Мускат янтарный и технического сорта Каберне-Совиньон в условиях Южного берега Крыма. По результатам исследований 2017-2018 гг. установлено, что внекорневые подкормки изучаемым препаратом разработанной нормой 4 л/га, способствуют увеличению урожайности винограда сорта Мускат янтарный в среднем на 23,9%, при этом повышение урожайности составляет 2,7 т/га. Урожайность винограда сорта Каберне-Совиньон увеличивается на 26,5%, при этом повышение урожайности составляет 2,2 т/га. Подтверждено положительное влияние внекорневых подкормок на показатели качества винограда сорта Мускат янтарный, которое выразилось в увеличении средней массы грозди у изучаемого сорта на 40,3%, увеличении массовой концентрации сахаров в соке ягод на 5,4% и увеличении значений глюкоацидометрического показателя (ГАП) на 15,6%. Положительное влияние внекорневых подкормок на показатели качества винограда сорта Каберне-Совиньон выразилось в увеличении средней массы грозди на 23,0% и увеличении массовой концентрации сахаров в соке ягод на 7,1%.The paper summarizes findings of a two-year study on the impact of foliar fertilizing with a new generation humic preparation GSN-2004 HUMILIFEтм (ОСН-2004) on the harvest and quality of ‘Muscat Yantarniy’ table grapes and ‘Cabernet Sauvignon’ wine grapes in the conditions of the southern coast of Crimea. The data of the 2017-2018 study established that foliar dressing with the preparation under study in the ratio of 4 l/ha increases the harvest of ‘Muscat Yantarniy’ grapes on average by 23.9%, or by 2 t/ha. The yield of ‘Cabernet Sauvignon’ grapes was increased by 26.5%, thus increasing the harvest by 2.2 t/ha. The positive impact of foliar dressing on quality indicators of ‘Muscat Yantarniy’ grapes was confirmed. Thus, the average cluster weight increased by 40.3%, total sugars in the berry juice increased by 5.4 %, and gluco-acidometric index increased by 158.06 %. The study confirmed the positive effect of foliar dressing on quality characteristics of ‘Cabernet Sauvignon’ grapes, as demonstrated by a 23% increase in the average cluster weight and a 7.1 % increase in the total sugars in the berry juice.

The Impact of Ownership on Corporate Performance: The Case of the UAE

2018 ◽  
Vol 13 (3) ◽  
Author(s):  
Magda Elsayed Kandil ◽  
Minko Markovski
Keyword(s):  
Corporate Performance ◽  
Positive Impact ◽  
Listed Companies ◽  
State Ownership ◽  
Control Measures ◽  
Government Ownership ◽  
Strong Trend ◽  
Two Samples ◽  
The Impact ◽  
Positive Effect

AbstractThis study attempts to identify whether government ownership has an effect on corporate performance, such as Return on Assets (ROA), Price to Book value, and Profits for a sample of 102 listed companies on the UAE stock exchanges and a subsample of 17 banks listed on the same bourses over a period of 31 quarters. In the case of the sample of 102 companies, government ownership has a positive impact on some of the corporate performance indicators, as well in the banking subsample. In addition, the analysis evaluates the impact of state ownership on debt accumulated across the two samples. The results indicate that state ownership reduced the need to accumulate debt in general across the larger sample. However, focusing on banks, state ownership facilitates borrowing and accumulating debt. The results point to the positive effect of state ownership on corporate performance. Further, state ownership eases constraints on banks’ borrowing as it boosts confidence in the outlook, facilitating higher ratings and cheaper sources of funding. In the case of the UAE, similar to some other countries, where there is a strong trend toward government ownership in listed companies and banks, it has a positive effect on their performance for the period 2008–2016, i. e., there is a positive relationship between the block-holder ownership and firms’ performance, subject to efficiency control measures.

The Impact of Big Data Capability on Enterprise Performance—theMediating Effect of Supply Chain Flexibility

2021 ◽  
Vol 7 (6) ◽  
pp. 5641-5655
Author(s):  
Ji Feng ◽  
Cheng Guiqing ◽  
Jia Xuedi ◽  
Luo Qubo ◽  
Wu Fan
Keyword(s):  
Big Data ◽  
Supply Chain ◽  
Positive Impact ◽  
Mediating Effect ◽  
Enterprise Performance ◽  
Chain Flexibility ◽  
Supply Chain Flexibility ◽  
The Impact ◽  
Positive Effect ◽  
Development Capability

Based on 234 survey data of 35 pilot demonstration enterprises in intelligent manufacturing, this paper tested the mediating role of supply chain flexibility in the process of big data capability affecting enterprise performance. The empirical results show that the foundation capability, application capability, and development capability all have a significant positive impact on enterprises performance. Big data foundation capability has a significant positive effect on the supply chain flexibility in terms of product flexibility, logistics flexibility and production flexibility, and it has no significant effect on purchasing flexibility and information flexibility. Both big data application capability and big data development capability have a positive effect on supply chain flexibility. In addition to purchasing flexibility, the other dimensions of supply chain flexibility and supply chain flexibility comprehensive factors all have a mediating effect on the relationship between big data capabilities and firm performance. The conclusions of this study have a positive enlightenment role for enterprises to develop big data capabilities and create a flexible supply chain to meet the needs of the market and customers.

Chimborazo Rural Investment Project: Rural Roads Component Impact Evaluation

2021 ◽  
Author(s):  
Leonardo Corral ◽  
Giulia Zane
Keyword(s):  
Household Income ◽  
Impact Evaluation ◽  
Positive Impact ◽  
Investment Project ◽  
Indigenous Communities ◽  
Rural Roads ◽  
Self Employment ◽  
Household Members ◽  
The Impact ◽  
Positive Effect

This paper evaluates the impact of rural roads improvement works to benefit indigenous communities in the highlands of Ecuador, largely dependent on agriculture for their livelihoods. The findings suggest that the program had a positive impact on health and that it increased enrollment in secondary education. We find no evidence that treated households increased their investment in plot improvements and agricultural inputs. However, household members are more likely to report self-employment in agriculture as their main occupation. The effect on agricultural output and sales was positive but not statistically significant. Finally, there is no evidence that the program had any positive effect on overall household income, female empowerment and food security.

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