Non-economic Determinants Research Articles

Retraction Note: The influence of economic and non-economic determinants on the sustainable energy consumption: evidence from Vietnam economy.

Retraction Note: The influence of economic and non-economic determinants on the sustainable energy consumption: evidence from Vietnam economy.

Economic and non-economic determinants of renewable energy consumption (REC): evidence from BRICS nations

Purpose This study aims to identify the various economic and non-economic determinants of renewable energy consumption (REC) in Brazil, Russia, India, China and South Africa (BRICS). Due to the adverse effect of carbon emission on the environment, every country is trying for a transition from fossil fuel towards renewable energy. Renewable energy plays a crucial role in reducing carbon emission and combating climate change. Understanding the determinants that influence REC helps to promote this transition. Design/methodology/approach The study is based on an unbalanced panel data over the period 2002–2019 for all five BRICS nations. The panel corrected standard error (PCSE) method has been adopted to examine the determinants of REC. Findings Industrialization, population growth and foreign direct investment (FDI) are found to be significant economic determinants of REC while patent on environmental technologies, political instability and industrial design are significant non-economic determinants of REC in the BRICS nations. Research limitations/implications The findings imply that to increase REC in BRICS nations, policymakers should incentivize industries for investments in renewable energy, attract FDI aligned with environmental regulations, raise population awareness through training, enforce industrial design standards, establish fair technology transfer frameworks to overcome patent barriers and create stable, long-term renewable energy policies with risk mitigation instruments to address political instability. Originality/value The study captures the effect of patents on environmental technologies and industrial design on the consumption of renewable energy. Thus, the novelty lies in investigating unexplored variables in the previous literature likely to affect REC.

Beyond economic considerations: The role of socioemotional wealth in family firm foreign exit decisions

Previous research has delved into both economic and non-economic determinants influencing foreign exits, yet the role of socioemotional wealth (SEW) in this strategic decision of family firms has been underexplored. Our study addresses this oversight by examining three principal dimensions from the FIBER SEW framework: family control (F), binding social ties (B), and the renewal of family bonds (R). We utilise a probit model to analyse data from Chinese listed family multinational corporations spanning 2008 to 2019. Our analysis yields two primary insights. Firstly, the presence of family directors and international experience collectively diminish the probability of foreign exits. Secondly, our findings do not indicate gender differences among successors as influencing foreign exits. Notably, the association between poor performance and foreign exits becomes attenuated with an increase in the number of family directors and their international experience, and in scenarios involving male successors. These insights significantly enrich our theoretical comprehension of how SEW dimensions inform strategic decision-making regarding foreign exits in family enterprises.

Non-economic determinants of social and labor development – 21st

The article contains scientific argumentation of social and labor development of the first half of the 21ST century, which is increasingly acquiring features of instability and human(non)centricity. The quintessence of the presented theoretical and applied discourse is the substantiation of the need to overcome economic centrism, increase the role and importance of uneconomic factors of sustainable social progress in ensuring balanced social and labor development in the new socio-economic reality; The authors' construct of moral, ethical, spiritual, cultural dimension of competitive advantages in the context of dialectical unity of the economic and non-economic. The article is aimed at promoting a fundamental rethinking of the philosophy of sustainable social and labor development, which is centered on the priority of attitudes, values, beliefs of a moral, spiritual, ethical, solidarity, socially responsible, socio-cultural nature, which are conventionally called uneconomic and should become the leading pillars of the new digital world of economy and the world of the people themselves. The methodological research platform is an organic combination of systemic and interdisciplinary approaches using general scientific and special research methods. The worldview failures in understanding the non-economic aspects of human life in digital age are highlighted; the emphasis is placed on the distorted view of the role, place, and mission of the non-economic in ensuring sustainable development. The necessity of using a new conceptology, a new development strategy based on the principles of human-centrism is substantiated; the potential of solidarity and consolidation in network forms of interaction between subjects of social relations is proven. The range of phenomena and processes that act as "clots" on the way to sustainable social and labor development based on trust, inclusion, cohesion, solidarity, consolidation, responsibility, culture in its broadest sense is outlined, and, on the contrary, the factors that increase the role of the non-economic in ensuring sustainable social and labor development and overcoming the deepest crisis of our time are identified. The authors argue that the "new science", the new economic theory of social progress, facilitated by published foundations, must offer a different philosophy, different principles, and drivers of sustainable social and labor development, which are almost the exact opposite of the dominant postulates of growth, which is often not accompanied by development.

THE IMPACT OF ECONOMIC AND NON-ECONOMIC DETERMINANTS ON CIRCULAR ECONOMY IN VIETNAM: A PERSPECTIVE OF SUSTAINABLE SUPPLY CHAIN MANAGEMENT

The projections of UN indicate that by the year 2030, natural resource demand will become threefold as of today. This for sure surpasses existing capacity due to which many countries are facing depletion issue or might face depletion issue in coming years. Realizing this challenge, economies all over the globe are shifting towards circular economy development in order to address the environmental sustainability issue. In Vietnam, economic activities are normally based on the principle of linear economy. However, this traditional approach not only creates shortage of natural resources but also becomes the reason of environmental destruction. Thus, the study is an attempt to find out the harmonious relationship of economic and non-economic determinants with circular economy in the presence of sustainable supply chain management as a moderator. By employing structural equation modelling, findings indicate that circular economy is the right direction as it ensures job security and bring quality education and political stability. Results also confirm that sustainable supply chain management increases the strength of positive relationship of said variables. In the light of the evidences, the paper proposes few suggestions and implications to promote the development of circular economy so that economic growth and environmental quality can be achieved at the same time.

Appraising the Impact of Rule of Law, Control of Corruption, and Govt. Effectiveness on Inflation: An Empirical Case of Bangladesh

This study is an effective initiative to find out the impact of noneconomic determinants as well as the importance of noneconomic determinants on inflation in Bangladesh. Time series data was used from 1996 to 2020. The unit root test, on the other hand, indicates that the stationary at the first difference of all variables indicates I(1). Cointegration results ensure long-run associations among variables. The econometric methods apply the Generalized Linear Model (GLM) technique for measuring the importance of noneconomic determinants for controlling inflation. Findings show the importance of noneconomic determinants to controlling inflation, where the controls of corruption, the rule of law, and government effectiveness have influenced the reduction of inflation in Bangladesh. It should be focused on improving the quality of noneconomic performances and emphasizing the significance of those factors through the implications of rules and regulations, digitalization, and ensuring open-door services and accessible information for all consumers of goods and services. Further study may consider the other noneconomic as well as macroeconomic determinants that have a large contribution to determining inflation in Bangladesh.

The influence of economic and non-economic determinants on the sustainable energy consumption: evidence from Vietnam economy.

Maintaining ecological quality of energy use without compromising on economic growth has become the key research agenda of existing literature. Emerging economies are particularly facing this dual problem where they need to look in to the factors which impact sustainable energy consumption. The article, thus, aims to examine impact of economic and non-economic determinants on sustainable energy consumption in Vietnamese context. Factors such as industrialization, population growth, inflation, and employment rate are being considered as economic indicators and eco-innovation and political instability are being used as non-economic indicators. The study has taken secondary data from secondary sources such as Organization for Economic Co-operation and Development (OECD), the global economy, and World Development Indicators (WDI) from 1986 to 2020. The study has applied the Bayesian auto-regressive distributed lags (BARDL) model and the non-linear autoregressive distributed lag (NARDL) technique to check the association among variables. The results revealed that industrialization, population growth, inflation, employment rate, and eco-innovation have a positive linkage with SEC in Vietnam. The results also indicated that political instability has a negative association with SEC in Vietnam. In the light of results, it is obvious that government fiscal and monetary policies must be favorable to inflation so that sustainable energy can be introduced and started to consume. The study also conveys that the policymakers must take care of employment rate growth, for it can encourage sustaining energy consumption.

Economic and Non-economic Determinants of the Lowest-Low Fertility Rate in Korea: An Analysis of Survey Experiments

Economic and Non-economic Determinants of the Lowest-Low Fertility Rate in Korea: An Analysis of Survey Experiments

Economic and Non-economic Determinants of Environmental Sustainability in the Long Run: Evidence from G20 Economies

Economic and Non-economic Determinants of Environmental Sustainability in the Long Run: Evidence from G20 Economies

Factors affecting the family development index in Indonesia: a cross-sectional survey in Aceh, a region with a 30 year armed conflict experience

Background: Family development index needs to be measured to ensure that the government has made optimal efforts to provide happiness to the families and to develop strategies in family development in a region with unique conditions. The objective of this study was to assess the family development index and its associated determinants in Aceh province, a region implementing Syariah Law in Indonesia with 30 years of armed conflict experience. Methods: A cross-sectional survey was conducted in all regencies in Aceh. The study was a part of the Indonesian National Population and Family Planning Board project. The survey included one individual from each household that was selected randomly. Family development index was measured using a questionnaire consisting of 15 questions. The plausible determinants were collected and assessed through a face-to-face interview. The family development index was dichotomized using 85% cut-off into good and poor. A two-step logistic regression was used to determine the associated determinants. Results: A total of 10,000 households were included in the final analysis. 86.6% had a good family development index, with the highest in Sabang (97.6%) and the lowest index in Aceh Singkil (76.6%), respectively. A multivariate analysis indicated that the regency, marital status, educational qualification, ownership of health insurance, ownership of childbirth certificate, quality of the house (the type of floor, the source of electricity, the source of drinking water and the type of toilet facility) were associated with the family development index. Conclusion: Despite Aceh being one of the less developed provinces in Indonesia with long armed conflict experience, our data suggest that the family development index is relatively high and the index is influenced both by economic and non-economic determinants. To further improve the family development index, it is critical to develop both economic and non-economic components in the region and in the country.

Key determinants of corruption in the Middle East and North Africa

This study examines the effect of some economic and non-economic factors on corruption. It tests a number of hypotheses formulated around the impact of specific dimensions on increasing or reducing corruption in the Middle East and North Africa Region over a time series from 2008 to 2018. The objective of this study is to illuminate the impact of several independent factors (average income, economic freedom, education, income distribution and globalization) on corruption increase or decrease in the MENA region taking a few countries as a sample case. To reach this end, secondary data is employed and retrieved from secondary sources using published reports and indexes and official websites and databases maintained by various research institutions. The results are tested using panel data regression analysis as a statistical tool for data analysis and hypotheses testing. Findings indicate a significant effect of the presented economic and non-economic determinants on corruption in these sample countries except income distribution which shows an insignificance effect.

Pro-environmental attitudes, local environmental conditions and recycling behavior

The paper uses Italian official survey data collected in 2012 from more than 20 thousand households to shed light on the determinants of people’s pro-environmental behavior, more specifically the differentiation of domestic waste disposal. A rich interdisciplinary literature has developed to explain why people may make eco-friendly choices, which come at a personal cost and provide benefits accruing largely to other people. The paper contributes to this investigation by jointly considering non-economic (a declared general interest in environmental issues), economic (easy access to recycling bins) and contextual (the perceived condition of the local environment) determinants of recycling. The results show that a higher general interest in environmental issues is associated with an increase in recycling of 7.5 percentage points, while easy access to facilities is associated with an increase in recycling of 5.3 percentage points. More educated households are also more inclined to behave pro-environmentally: a university degree or a Ph.D. is associated with an increase in the probability of recycling of 5.2 percentage points. Finally, the paper provides evidence that locally perceiving environmental degradation is associated with a 5.8 percentage points decrease in the likelihood of recycling. This last result may be explained by bounded rationality and/or conditional social cooperation, which both may lead to an environmental poverty trap. The final message is that the evidence gathered is difficult to reconcile with the “homo oeconomicus” hypothesis still prevailing in standard economic theory and that non-economic determinants have to be properly considered in the formulation of effective environmental policies.

Non-economic determinants of the behavior of the Kaliningrad oblast residents on the Polish border market

Dynamic changes in international relations as well as political, economic and social conditions make it necessary to study the behavior of inhabitants of border regions. The article aims to present non-economic determinants of the behavior of the inhabitants of the Kaliningrad Oblast on the Polish border market. The article describes the specificity of the market behavior of Russians, the causes and effects of changes in these behaviors. Selected political and economic, socio-cultural and psychological factors as well as situational factors such as local border traffic are described. The analysis of bibliographic materials was used to achieve the goal. The behavior of Russians is influenced by the decisions of the authorities and the social, emotional and existential values created in l, but geopolitical factors seem to take precedence over socio-cultural and psychological factors.

The impact of economic and non-economic determinants on the natural resources commodity prices volatility in China

Recently, the economic and non-economic factors significantly influenced the natural resources commodity prices that need the attention of researchers and regulators. Therefore, this study examined the impact of economic factors (inflation and gross domestic product (GDP) growth) and non-economic factors (social contribution and human capital) on the natural resources’ commodity prices in China. The secondary data from 1986 to 2019 was gathered and analyzed by E-views. The variance inflation factor (VIF) was run to examine the multicollinearity, Augmented Dickey-Fuller Test (ADF) to investigate the unit root, and autoregressive distributed lag (ARDL) model to test the linkage among variables. The results indicated that inflation, GDP growth, social contribution, and human capital positively link with natural resources commodity prices in China. This research provides the guidelines to the policymakers while developing policies regarding economic and non-economic factors and natural resources prices.

Push or Pull: What Drives Emigration from Lithuania?

This article investigates the main economic and non-economic determinants of population emigration from Lithuania. Our study offers a new approach for modelling the push and pull factors considering the push–pull link. We construct the relative variables and deploy mixed models for the macro data of Lithuania and 24 European destinations over 2010–2019. Our findings reveal that such economic variables as relative economic welfare, unemployment and income inequality are the key push–pull factors. The study results indicate that changes in relative welfare have the highest power to change Lithuanian emigration with the main impact recorded the same year, while changes in relative income inequality and unemployment affect fewer emigrants, and it takes one year for the effect to materialise. The obtained higher importance of relative welfare compared to the average wage suggests that the goods and services provided by the state play a role in the personal cost–benefit calculation of prospective emigrants. This study addresses the research gap on the quantitative push–pull factor evaluation, the timing of their impact, connectivity of the push–pull factors and structural changes, providing a foundation for future research on the root causes of emigration.

Economic and non-economic determinants of economic growth in Bangladesh: multivariate regression analysis

This study focuses on the scenario of the economic development of Bangladesh. The major objective of the study is to examine the economic and non-economic determinants of the economic growth of the country. This study employs the Multivariate OLS regression and GLM technique to explore the influences of those variables to the economic growth and development of the country. The empirical results show that agriculture, industry, and service sector contribution to real GDP are positive where industry and service sectors are statistically significant. The results of the economic determinant model illustrate that the capital, labor forces, imports, and total reserve of the country positively influence the economic development of the country which are significant also. The OLS estimation shows that coefficients of non-economic determinants such as control of corruption and bureaucratic quality are positively significant to influence the economy. The results also present that internal conflict, democratic accountability, and rule and order situation negatively affect the economic growth in Bangladesh. The GLM estimation shows the control of corruption, rule, and order also a positive effect on economic growth. These empirical findings are consistent with the exploratory analysis and practices.

Economic and Non-economic Determinants of Environmental Sustainability in the Long Run: Evidence from G20 Economies

Economic and Non-economic Determinants of Environmental Sustainability in the Long Run: Evidence from G20 Economies* 의 이용 수, 등재여부, 발행기관, 저자, 초록, 목차, 참고문헌 등 논문에 관한 다양한 정보 및 관련논문 목록과 논문의 분야별 BEST, NEW 논문 목록을 확인 하실 수 있습니다.

The cultural origins of institutional trust: The case of the European Central Bank

Does culture have a causal effect on institutional trust? We answer this question by assessing the non-economic determinants of public trust in the European Central Bank. To analyse institutional trust, we employ a novel dataset of citizen perceptions and knowledge about the European Central Bank. Cultural traits are measured by indicators of social trust at the level of Euro area sub-national regions. We show that individuals living in regions with lower social trust systematically exhibit less trust in the European Central Bank. An instrumental variable approach based on historical variables of education and political institutions supports a causal interpretation of our findings. These results are robust across different model specifications and measures of trust.

The Antidemocratic Drift in the Early 21st Century: Some Thoughts on its Roots, Dynamics and Prospects

In the first two decades of the 21st century, the previous democratization progress was partly reversed. It is well seen in the former Soviet Union and Central and Eastern Europe but also in other geographic regions. In search for causes of this warning trend, many authors point out economic factors such as economic stagnation, unemployment, inequality, consequences of the global financial crisis of 2007-2009 and side-effects of globalization. Not negating the role of economic factors, it is important, however, to see noneconomic determinants such as immature political institutions and their dysfunctionality, nationalism and cultural prejudices, and side-effects of the ICT revolution, which destroyed traditional media and public debate. The antidemocratic drift is dangerous not only for political and civil freedom but also has a negative impact on economic governance, making economies less open and competitive and easy victims of oligarchic predation (‘crony’ capitalism).

Impact of Economic and Noneconomic Factors on Inflow of Remittances into Bangladesh

Purpose: Remittance plays an important role in the economy of Bangladesh. It also contributes to the change in the social structure and standard of living. The purpose of the study is to identify the economic and non-economic determinants of the remittance inflow into Bangladesh. 
 Methodology: The study considered two types of variables as the determinants of the remittance inflow: economic and non-economic. Economic determinants of remittances inflows included exchange rate, education, economic growth rate, and market interest rate. The non-economic determinants covered control of corruption, government effectiveness, and political stability. Monthly data were used for the case of economic determinants from 2014 to 2020 and annual data were used in the case of non-economic determinants from 1996 to 2018. The marginal effect of each variable has been analyzed by using the Robust Least Squares (RLS) method. 
 Results: The estimated results of this study state that, economic determinants like capital formation and education factors have a positive and significant impact on remittances inflows in both static and dynamic cases. However, the exchange rate does not create a positive impact due to volatility. The RLS estimation shows the control of corruption has a positive impact on remittances inflows whereas government effectiveness and political stability hurt remittances inflows in Bangladesh. 
 Implications: The current study identified the significant determinates of remittances inflows in Bangladesh. The findings have implications for policy formulation as regard remittances and non-resident Bangladeshis.