Search results for "talous"
showing 10 items of 874 documents
Benefits of the European Agri-Environment Schemes for Wintering Lapwings : A Case Study from Rice Fields in the Mediterranean Region
2020
Mediterranean European rice fields provide important habitats for migrating waterbirds. In winter. one waterbird species that particularly benefits from rice fields is the Northern Lapwing (VaneIlus vanellas), a species threatened in Europe. To assess the effect of agii-environmental measures on rice field selection and use by wintering lapwings, bird counts were conducted in northeastern Spain during two consecutive winters (2005-2006 and 2006-2007). Information on two mandatory post-harvest management prescriptions of the agri-environment schemes was collected, namely winter flooding (percent ground surface covered by water) and whether fields were rolled or not. The number of lapwings in…
Drivers, barriers and impacts of digitalisation in rural areas from the viewpoint of experts
2022
Abstract Context: The domain of rural areas, including rural communities, agriculture, and forestry, is going through a process of deep digital transformation. Digitalisation can have positive impacts on sustainability in terms of greater environmental control, and community prosperity. At the same time, it can also have disruptive effects, with the marginalisation of actors that cannot cope with the change. When developing a novel system for rural areas, requirements engineers should carefully consider the specific socio-economic characteristics of the domain, so that potential positive effects can be maximised, while mitigating negative impacts. Objective: The goal of this paper is to sup…
Economic Degrowth and the Collapse of Institutional Order: Theory and Propositions
2022
Integrating insights from new institutional economics and studies on the collapse of past empires, we sketch a process model that links economic degrowth to the collapse of institutional orders. Our thought experiment starts from emphasizing the importance of institutions and enforcement mechanisms in maintaining a sufficient level of economic activity to sustain public costs. We flip this established logic and elucidate the negative role of economic degrowth in the weakening of the public sector’s ability to enforce institutional rules. Internal and external shocks further shake the stability of the institutional order and, at some point, individuals’ belief in institutional rules and nor…
Early modern trade flows between smaller states : the Portuguese-Swedish trade in the eighteenth century as an example
2015
The eighteenth century was a period of many great power wars and competition for colonies. However, despite the turmoil, smaller nations were able to carve their niches in the international trade of the period. Examination of new sources, used in a comparative fashion, indicates that bilateral trade still has much to offer for the analysis of international trade history. The pattern of bilateral trade between Sweden and Portugal indicates that they were not equally dependent on that trade, and that the products traded varied over time. Usually bulk commodities dominated this trade, as each country focused on its core competencies. Overall, the volume of trade and the number of ships travell…
Integrated capital shares
2019
In empirical macroeconomics, inter-dependencies between countries are often analysed using cross-country correlations or graphical investigation of time series. This study shows that applying an alternative methodological approach - identification of common unobservable factors and using them as explanatory variables for country-specific time series - indicates a stronger cross-country integration of functional income distributions than the standard methods. The results vary only little between different samples, where both the country and year coverage change. Moreover, the main findings are not sensitive to the way capital depreciation is taken into account. The primary driving factor see…
Multidimensional financial development, exporter behavior and export diversification
2020
Financial development shapes export sector performance because exporters need external finance and face credit constraints. Previous empirical research has relied largely on single-country studies. The Exporter Dynamics Database (EDD), which features firm-level exports from over 60 countries, reveals differences in the microstructure of the export sector across countries. In this paper, we first provide new evidence that these differences are related to cross-country variation in financial development and structure. Second, we combine the EDD and multidimensional data on financial development with a global database on export diversification. This study is the first to examine how macrolevel…
A new approach to modelling the input-output structure of regional economies using non-survey methods
2021
AbstractThis paper proposes a new approach to the regionalization of national input–output tables where suitable regional data are scarce and analysts are considering using location quotients (LQs). We focus on the FLQ formula, which frequently yields the best results of the pure LQ-based methods, and develop an enhanced way of implementing this approach. We use a modified cross-entropy (MCE) method, along with a regression model, to estimate values of the unknown parameter δ in the FLQ formula, specific to both region and country. An analysis of survey-based data for 16 South Korean regions reveals that the proposed FLQ+ approach yields more accurate estimates of both input coefficients an…
Speculation and lottery-like demand in cryptocurrency markets
2021
Abstract This is the first paper that explores lottery-like demand in cryptocurrency markets. Since recent research provides evidence that cryptocurrency returns appear to be short-memory processes, we modify Bali, Cakici and Whitelaw’s (2011) and Bali, Brown, Murray, and Tang’s (2017) MAX measure and employ a weekly forecast horizon and daily log-returns from the previous week to calculate the metric for our portfolio sorts. From an econometric point of view, this study proposes statistical tests that are robust to unknown dynamic dependency structures in the cryptocurrency data. Our results show that average raw and risk-adjusted return differences between cryptocurrencies in the lowest a…
Finnish forest-based companies in transition to the circular bioeconomy : drivers, organizational resources and innovations
2020
Abstract Forest-based businesses are the center of the transition to the sustainable and competitive circular bioeconomy in Finland. This study explores the transition of Finnish FBS firms to new business models, with a focus on the organizational resources and capabilities needed for transition. It also identifies the important elements in the business environment and the role of innovations in this process. The study uses thematic interviews with managers from various FBS firms and companies from interfacing sectors, all of which have operations in Finland. Despite the differences between firms, the study finds many common drivers and resources that FBS companies highlight as significant …
Technological change and wage premiums amongst high-skilled labour
2019
This study examines the impact of the steam engine, which produced wide and long-lasting economic growth from the 19th century to the early 20th century, on the wages of high-skilled seamen in the Swedish merchant maritime shipping industry. The analysis focuses on the years 1869–1914, which was a transition period during which traditional sailing ships were replaced by steam-powered vessels. The study shows that all high-skilled occupations received wage gains under steam technology. The evidence on wage polarization amongst the high-skill occupations remains subtle, although there is certain evidence that wage premiums vary by occupation. peerReviewed