Negative Economic Consequences Research Articles

Evaluating the economic and climate adaptation benefits of land conservation strategies in urban coastal regions of the U.S. and China

Land conservation has been recognized as a multifunctional adaptive strategy to tackle climate change as it includes the ability to mitigate risk and enhance biodiversity. However, limited empirical studies focus on the climatic adaptive functions of land conservation. Employing various geospatial and statistical techniques, including remote sensing, logistic regression, and landscape metrics, we investigate the effects of land conservation’s spatial characteristics. These characteristics affect the functional efficacy of climate adaptation in urban coastal regions, influencing regional economic vitality in the United States and China. Empirical results indicate that regional economic vitality is positively affected by parks and grassland, patch growth patterns, higher urban density, and closer proximities to coastlines and major roads. In contrast, the core growth form of land conservation has a negative economic effect. Among the estimated variables, we find that the patch growth form of land conservation and closer proximity to higher urban density have the largest positive effects on economic vitality across the study sites. Our findings contribute to both land conservation policy and the climate change literature by uncovering the spatially explicit effects of land conservation related to climate change adaptation.

Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading System

Abstract In theory, market-based regulatory instruments correct market failures at least cost. However, evidence on their efficacy remains scarce. Using administrative data, we estimate that, on average, the European Union Emissions Trading System (EU ETS)—the world’s first and largest market-based climate policy—induced regulated manufacturing firms to reduce carbon dioxide emissions by 14–16% with no detectable contractions in economic activity. We find no evidence of outsourcing to unregulated firms or markets; instead, firms made targeted investments, reducing the emissions intensity of production. These results indicate that the EU ETS induced global emissions reductions, a necessary and sufficient condition for mitigating climate change. We show that the absence of any negative economic effects can be rationalized in a model where pricing the externality induces firms to make fixed-cost investments in energy-saving capital that reduce marginal variable costs.

Some Environmental Factors Causing First Calving Difficulties in Holstein Friesian Cattle

Calving efficiency, an important target in cattle breeding, has been negatively affected by some environmental factors. Therefore, calving difficulty creates negative economic consequences. In this study, it was aimed to investigate the relationship between the first calving difficulty in Holstein Friesian (HF) cows in terms of management and origin factors. The material of the research consists of 1475 calving difficulty records from 5 different enterprises engaged in HF breeding, located in the Central Anatolia Region of Turkey, covering the years from 2013 to 2019. The scoring system used to determine calving difficulty: normal without intervention (ND), normal with intervention (MND), difficult/intervention with equipment (ZD), and abnormal birth (AD). Chi-square tests were performed. In the calving difficulty analysis, the management factor is classified as 1-2-3-4-5 and the origin of the cow is classified as 1 (foreign origin) and 2 (native origin). No findings were observed for MND scores. Total ND, ZD, and AD scores were 1250 (84.74%), 192 (13.01), and 33 (2.25%), respectively. Chi-square test was performed to test the differences among farms. Among the enterprises, the highest ND rate was observed in the 5th enterprise with 90.07%, the minimum ZD rate was observed in the 5th enterprise with 8.45%, and the AD rate was at least 0.66% in the 1st enterprise. The difference between farms was significant for calving difficulty (P

Value creation or political trick? An event study on anti-ESG regulations

This paper examines the effect of the anti-ESG regulations approved in 18 states from 2021 to 2023. Focusing on the fuel energy sector, we find that the regulatory intervention leads to 0.8 % to 3.5 % cumulative abnormal stock returns (CARs) around the regulation approval dates. The market reactions are found to be more positive and pronounced when the firm has poor previous ESG performance, when the firm is financially more constrained, and when the regulation is less controversial. Meanwhile, although fuel energy firms have more institutional ownership afterwards, their carbon emission also increases, indicating potential negative economic effects of anti-ESG policies.

Description and Cross-Sectional Analyses of 25,880 Adults and Children in the UK National Registry of Rare Kidney Diseases Cohort

IntroductionThe National Registry of Rare Kidney Diseases (RaDaR) collects data from people living with rare kidney diseases across the UK, and is the world’s largest rare kidney disease registry. We present the clinical demographics and renal function of 25,880 prevalent patients and sought evidence of bias in recruitment to RaDaR. MethodsRaDaR is linked with the UK Renal Registry (UKRR, with which all UK patients receiving Kidney Replacement Therapy (KRT) are registered). We assessed ethnicity and socioeconomic status in: 1) prevalent RaDaR patients receiving KRT compared with patients with eligible rare disease diagnoses receiving KRT in the UKRR; 2) patients recruited to RaDaR compared with all eligible unrecruited patients at two renal centres; 3) the age-stratified ethnicity distribution of RaDaR patients with Autosomal Dominant Polycystic Kidney Disease was compared to that of the English Census. ResultsWe found evidence of disparities in ethnicity and social deprivation in recruitment to RaDaR, however these were not consistent across comparisons. Compared with either adults recruited to RaDaR or the English population, children recruited to RaDaR were more likely to be of Asian ethnicity (17.3% vs 7.5% , p-value < 0.0001) and live in more socially deprived areas (30.3% vs 17.3% in the most deprived IMD quintile, p-value < 0.0001). ConclusionWe observed no evidence of systematic biases in recruitment of patients into RaDaR but the data provide empirical evidence of negative economic and social consequences (across all ethnicities) experienced by families with children affected by rare kidney diseases.

Environmental impact assessments should include rigorous scientific peer review

Twenty USA states or jurisdictions and 125 nations have modeled national environmental policies after the National Environmental Policy Act. That act mandates that federal agencies initiate environmental impact statements (EISs) when substantive environmental or human health consequences are likely because of an agency action related to proposed development projects. The science used to inform the EIS process, however, does not require independent scientific peer review (ISPR) in the USA or most other nations. But ISPR is needed for governments to accurately inform the EIS decision-making and public reporting processes. Instead, science is routinely manipulated during EIS reviews to generate expedient project outcomes with substantially negative ecological, political, and long-term economic consequences. We provide four examples of EISs that lack ISPR, as well as four examples where reviews by independent scientists were helpful to improve agency decisions. We also recommend that independent scientists (no affiliation with the project proponents or agencies overseeing projects) be used to help assess potential environmental and socio-economic impacts, as well as offer appropriate risk assessments, study designs, and monitoring timeframes. We conclude that nations should convene formal reviews using independent scientists as a form of peer review in the EIS process.

Socio-economic determinants of public healthcare

The main socio-economic mission of the healthcare system is to participate in the formation of workforce, strengthen the labor potential of society, and promote economic growth. The national health serves as an important economic resource. The COVID-19 pandemic has proven that losses due to illness and absence of employees from the workplace have negative economic consequences. The bibliometric study conducted via the VOSViewer bibliometric analysis of Scopus publications in 2014-2024 for the query “socio-economic determinants of public healthcare” allowed to structure the scientific work within 8 clusters. The latter showed leading researchers from the USA, the UK, India, Australia, Canada, Germany, Italy and Spain. In 2020-2023, due to the pandemic, publication activity in this area increased significantly. The article conducts a regression analysis of the impact of socio-economic determinants on the level of public healthcare. The public healthcare index is the population life expectancy. Among socio-economic determinants, there are nine components as factor attributes: current healthcare expenditures per capita; income shares of the richest and poorest – 10% and 20%; mortality rates up to 5 years and from suicide; number of people using at least basic sanitation and safe drinking water services, etc. The data for Ukraine from the World Bank statistical base for 2002-2019 were used as an information fundament. The multiple regression generation by the method of stepwise exclusion of variables was implemented using the MS Excel software. The article formulates a list of recommendations for increasing life expectancy. It includes measures to ensure the sanitary and epidemiological well-being of the population, development of healthcare infrastructure. The research also ensures availability of medical services to the population. The study educates and informs the population about the hygiene importance, proper use of sanitation and the consequences of inadequate sanitary conditions for health. Relevance of affordable sanitation improvement programmes for the poor is discussed.

Low back pain- Algorithm of diagnosis and management

Abstract: Introduction: Low back pain is a frequent condition, associated as a symptom with a multitude of organic or non-organic pathologies, resulting in the appearance of disability gener-ating negative economic and soc-professional consequences. Being a relatively common symptom among patients, we created this paper with the aim to high-light the importance of the clinical examination along with the correct direction of the patient to a profile depart-ment, the review of differential diagnoses, as well as the establishment of a particular recovery plan adapted to each case. Materials and Methods: We analyzed a series of recent articles using the PubMed and the Cochrane Library data-bases ,using the keywords words “low back pain” and “rehabilitation”, to obtain data on the clinical and paraclinical examination, positive and differential diagnosis of chronic low back pain, as well as on rehabilitation management. Results: Low back pain may appear due to vertebral conditions (inflammatory, infectious, trau-matic, neoplastic, degenerative, metabolic), or due to extravertebral causes. Along with the an-amnesis, clinical examination and im-agistic investigations, we establish the positive diagnosis and create an individualised rehabilitation plan. The reha-bilitation protocol is divided into stages , the final goal is to minimize the ischemia-pain-contracture chain. Conclusion: The pathology of the lumbosacral spine can be characterized by the word "diversity", being one of the causes of early disability of the population in the field of work. Our work highlights the importance of the clinical and paraclinical examination in outlining the differential diagnosis of chronic lumbar pain, as well as the role of the multidisciplinary team in complex individualized rehabilitation treatment.

Is Generation Z more Inclined than Generation Y to Purchase Sustainable Clothing?

AbstractIncreasing clothing (over)consumption, supported by the fast fashion industry, has caused a significant reduction in clothing costs, raised major sustainability challenges, and highlighted the need for engaging in more sustainable consumption behaviour to mitigate the negative environmental, social, and economic consequences. Although green purchase behaviour is now well understood, extant literature still lacks a comprehensive approach to explain consumers behaviour (especially that of the younger generations) with respect to sustainable clothing. Using survey data collected through a structured questionnaire, this study aims to assess whether Generation Z is more inclined to buy sustainable or eco-friendly clothing than Generation Y. Given the non-random selection of respondents, analysis was conducted using propensity score matching to correct for potential bias based on a set of observable confounders. The results show that Generation Z is more likely to buy second-hand clothing, whereas Generation Y is more interested in clothes made of organic and eco-sustainable fabrics.

Estimating the economic effects of US state and local fiscal policy: A synthetic control method matching‐regression approach

AbstractIn this paper, we advance the empirical literature on US state and local fiscal policymaking by using the synthetic control method (SCM) to create pairwise matches for states in subsequent regression analysis of the relationships between state and local fiscal policies and several state economic outcomes. Additional contributions include the use of principal component analysis to construct broader narratives of state economic performance and to reduce the dimensionality of the characteristics used in SCM matching, while the regressions also include variables to control for post‐matching economic shocks. Compared to conventional regression analysis, the SCM matching‐regression approach better addresses potential endogeneity, reduces interpolation bias, and creates fiscal policy measures that better reflect policy differences. The SCM‐matched regressions produce more statistically significant relationships between state and local fiscal variables and economic outcomes than do the conventional unmatched regressions, suggesting improved identification of state and local fiscal policy effects on economic outcomes. Robust relationships found include negative economic effects of the own‐source revenue burden and property taxes. Consistent with the existing literature, the estimated fiscal policy effects are quantitatively small and unlikely to drive differences in state economic performance.

The Politics of Covid-19 Vaccination Hesitancy in Southeastern Europe.

The execution of Covid-19 vaccination drives in former Yugoslavia's successor states has been disappointing. The rapidly evolving literature on the Covid-19 pandemic suggests the levels of support for vaccination are correlated with education, trust in public-health institutions, and exposure to the negative economic and health effects of the pandemic. The explanations of the political foundations of vaccination hesitancy, however, need better empirical grounding. We shed light on this subject by analyzing the results of a survey conducted on more than six thousand respondents from Bosnia-Herzegovina, Croatia, and Serbia, as well as a combination of public-health, economic, and sociodemographic data across more than five hundred municipalities in Croatia. Most notably, we find the political sources of vaccination hesitancy to be strongly related to people's support for the ideas of political parties committed to nationalist populism.

Political costs and investors’ site visits: evidence from the section 301 investigation

ABSTRACT We explore the relationship between political costs and investors’ site visits. We find that the Section 301 investigation launched by the United States government in 2017 increased Chinese high-tech companies’ resistance to site visits. This effect was more pronounced for companies receiving government subsidies and companies with political connections. We further find that high-tech companies underwent fewer site visits with independent institutions (i.e. securities firms, fund companies) but more site visits with security underwriters (non-independent institutions), depending on different investors’ ability to disseminate corporate information. Moreover, high-tech firms selectively avoided certain topics from discussion during site visits. Additionally, the corporate shareholder structure also changed with the adjustments of visiting investors. High-tech companies reduced their site visits to avoid negative economic consequences. Overall, our study provides evidence that political costs influence the information communication behaviour of companies in the country being investigated.

The development of the North–South International Multimodal Transport Corridor and the measures to integrate the regional transport infrastructure

The problems of the North–South Transport Corridor development are directly interrelated with the integration of the regional infrastructure of the countries participating in this project. The importance of this corridor currently affects not only the economic sphere, but also the geopolitics of the world community as a whole, as the power balancing issues in the world economy are engaged. Based on the results of the statistical data study from open sources, the analysis of extensive periodical literature, the pros and cons of the North–South Multimodal Transport Corridor (MTC) project are substantiated, and the promising ways of implementing and improving its effectiveness are identified. Political pressure on a number of participating countries and an asymmetry of interests are highlighted as factors that hinder the active implementation of the project (the most interested participants are Iran and Russia, other parties may have negative geopolitical and economic consequences from participating in the project). There are major challenges concerning the infrastructure development and the insufficient degree of harmonization of the institutional conditions within which the transport corridor operates. On the other hand, the greatest advantages of the North–South Transport Corridor are reducing dependence on other transport routes, including those passing through competitive countries, increasing national security and sovereignty of Russia, consolidating Eurasian integration, improving foreign policy links with the countries in Asia and Africa. In order to maximize the potential of the North–South MTC and increase its competitiveness in comparison with other transport hubs, the following ways are proposed: 1. One-time solution to a set of tasks: modernization of infrastructure, primarily, port infrastructure in Russia, railway infrastructure in Iran; full digitalization of the transport and logistics sphere in all the participating countries; harmonization of institutional conditions for the project implementation in the domain of legislation, customs procedures, business processes, management. 2. More active use of free economic zones and special economic zones. 3. Formation of a special supranational organizational structure that will directly deal with the development of the North– South International Transport Corridor.

Victims of Corruption Suffer Personal and Collective Loss: A Qualitative Study of Public Perceptions

This study aimed to identify citizens’ perceptions of the effects of administrative corruption on their lives. Data were gathered using semi-structured interviews with 15 citizens living in Tehran, Iran, recruited through the convenience sampling method. Two main themes emerged from the data: Negative individual consequences (including “negative emotional consequences”, “negative motivational consequences”, “negative moral and behavioural consequences” and “negative economic consequences”) and Negative collective consequences (including “negative consequences related to family formation and stability” and “negative social consequences”). The study reveals that participants have experienced or perceived adverse effects in the personal, family and social spheres as a result of administrative corruption. The impacts of corruption on people's lives can be taken into consideration when explaining the importance and necessity of designing and implementing preventive measures and policies aimed at reducing corrupt behaviours in public agents.

Effects of Reynolds number and blockage ratio on the turbulence characteristics of open channel flow passing through trash rack

Trash racks are extensively used to prevent debris from being transported to down-stream reaches of waterways. However, debris accumulation at the screens can significantly affect their hydraulic performance, resulting in negative economic and environmental consequences. Basic research related to the mechanism of these physical processes is still rather limited. In this experimental study, the flow fields, including the turbulence intensities, Reynolds stresses, and turbulent kinetic energy near a trash rack in a fixed-bed open channel for subcritical flow conditions are investigated for two Reynolds numbers and two blockage ratios. The experimental study investigates the important physical mechanisms relating to turbulence generation and possible sediment deposition induced by the vertical trash rack. Reynolds number effect on time mean streamwise velocity is predominant in the trash rack’s downstream free surface layer as a higher Reynolds number flow has higher normalized streamwise velocity in the free surface layer and lower in the inner layer. In both the Reynolds number effect case and the blockage ratio effect case peak normalized turbulent kinetic energy was observed immediately downstream of the trash rack and with the increment of longitudinal distance downstream of the trash rack, normalized Turbulent kinetic energy is decreased.

An evaluation of the impact of China's green credit policy on different pathways using a CGE model.

The objective of the study was to quantitatively analyze the heterogeneous effects of different green credit implementation methods on energy, environmental, and economic systems by developing a computable general equilibrium model. The specific green credit implementation methods are divided into interest-penalty policy for energy-intensive industries andinterest preferential policy for green industries. Various approaches to implementing green credit can lead to distinct impacts on energy consumption, environmental outcomes, and economic performance. Green credit policy experiments are carried out utilizing short-, medium-, and long-term scenarios to investigate how the consequences of green credit policies evolve. The findings demonstrate that (1) implementing a penalty interest policy for energy-intensive industries can have substantial short-term environmental effects, cutting total demand for fossil energy and lowering carbon dioxide emissions significantly. As the cycle progresses, this effect will progressively fade and have a negative economic impact. (2) The interest preferential policy for the green industry has a significant promoting effect on green technology, and its energy and environmental effects will be reflected in the long term, and the effect will continue to increase, which has a positive promoting effect on the economy. (3) There are significant differences in the policy effects brought about by the different implementation methods of green credit policies. Both policies can positively affect social energy and the environment, but the effect cycles are different. When two types of interest policies are implemented in the economy, the negative economic effect of the penalty interest policy is greater than the positive effect of the preferential interest policy, which harms the macroeconomy. These conclusions will provide theoretical and practical references for the government and banks to choose a better green credit implementation path.

An evaluation of the impact of mitigation policies on health and the economy by managing social distancing during outbreaks

The COVID-19 pandemic has necessitated various unavoidable social restrictions, leading to questions about the effectiveness of public emergency interventions and their impact economic growth. Block et al. (2020) conducted a notably study using an agent-based model to evaluate policies for reducing contact and demonstrated how choices in contact behavior can influence the rate and spread of the virus. However, their approach did not consider the economic consequences of these social restrictions. In response, we propose a set of strategies for governments to plan and evaluate policies during emergencies, aiming to contain infections while minimizing negative economic consequences. Our results indicate that there is no trade-off between containment strategies and economic output loss, making containment measures necessary policy instruments. However, potential trade-offs do emerge when selecting the most effective strategy. In this context, we propose and evaluate various policy alternatives to extreme "social distancing" measures, which can partially restore essential social interactions while preventing economic disasters induced by productivity losses.

Integrated solid waste management for closed community: an experiment on university campus

This study addresses challenges regarding integrated solid waste management (ISWM) faced by Jahangirnagar University. These challenges have resulted in negative social, environmental, and economic consequences. This study aims to identify barriers to community engagement in ISWM and provide actionable recommendations for improvement. The study adopts a mixed-methods approach, involving surveys of 397 respondents selected through cluster random sampling from the university’s population of around 20,000. The findings underscore a range of impediments to community participation, including limited empowerment, mobilisation, organisation and resource coordination within the community. Alarmingly, only 30% of respondents practice household waste segregation. However, an encouraging 74% express their willingness to oversee door-to-door waste collection and ensure proper disposal at designated locations, with this inclination influenced by various socioeconomic factors. Notably, non-compliance with ISWM regulations is prevalent in 26% of respondents, while 12% exhibit a dearth of knowledge about ISWM, indicating a need for heightened organisational efforts. Furthermore, certain university authorities rely on outdated methods, resulting in weak enforcement of environmental regulations. The study proposes a collaborative approach between university authorities and the community, along with revised regulations and waste generator responsibility. Addressing these challenges has the potential to significantly improve waste management system at Jahangirnagar University (JU Campus).

Russia-Ukraine War's Effects on the World Economy

The persisting Russia-Ukraine tension has emerged as a pivotal disruptor within the global economic landscape. This protracted conflict has triggered far-reaching repercussions, casting its shadow across the entire international stage. Numerous countries have enacted a flurry of sanctions in reaction to the ongoing war between Russia and Ukraine, most notably the United States and the European Union. In the end, the conflict between Russia and Ukraine has changed energy prices, disrupted traditional trade routes, and generated widespread uncertainty in international markets. The underlying significance of this research lies in its exploration of the critical importance of stability and collaboration in an increasingly interconnected world economy. This article primarily discusses the start of the conflict and how the damage the conflict has produced on a local and global scale may be used to explain why trade routes have been disrupted and energy prices have increased. According to the report, the war has affected the energy system, commercial routes, and international markets, leading to general insecurity and negative economic effects.

Analyzing arguments on tobacco tax increases. Focus on French parliamentary questions and responses, 2000-2020.

Tax increases are the most effective but still the least-used tobacco control measure. The tobacco industry (TI) employs lobbying strategies to oppose the implementation of tax policies on its products. Over the past two decades, French tobacco tax policies have been characterized by a relative inconsistency. This research aims to understand why, by analyzing the arguments of French policymakers (MPs and government) between 2000 and 2020 in favor or against tax increases. To capture parliamentary debates, we performed an advanced term search on the French National Assembly website, using the keyword 'tobacco'. The search returned 5126 available documents out of which 1106 (12.6%, 645 questions, 461 responses) covered price and taxation and were included. They were analyzed using descriptive statistics and thematic content analysis (NVivo) and were compared, when relevant, to arguments raised in the international literature on TI lobbying against taxation increases. We found 3176 arguments on tobacco taxation: 77.2% were against tobacco tax increases and 22.7% were in favor of tax policies. Arguments varied depending on the source: 92.4% of MPs' arguments were against tax increases, while 52.1% of arguments from government responses were in favor. The anti-tax arguments were similar to those identified in the international literature that singled out negative economic and social consequences (illicit trade, penalizing tobacconists). Other arguments that were more specific to the French context, highlighted the key economic and social role played by tobacconists in France. Pro-tax arguments highlighted the health, economic and social benefits of tax policies. This is the first French tobacco research on parliamentary documents, although Parliament is a place of direct TI lobbying. It will enable public health actors to better understand the arguments used by the TI in order to counter them in front of MPs, and to better monitor debates in Parliament.