New Articles – Economics

The welfare effects of digital infrastructure: Micro-level evidence from China

Yuan-Qi Xie, Hui Liu

Over the past 40 years of reform and opening-up, China has achieved remarkable progress in rural infrastructure development. Although some empirical studies have demonstrated a positive relationship between the provision of digital infrastructure and increases in agricultural output and farmer income in various developing countries, research exploring the impact of digital infrastructure on rural households’ welfare is rare. This gap represents a significant issue for policymakers and academic…

DOI (& full text): doi.org/10.15240/tul/001/2024-5-020 more

How does digital transformation affect innovation quality?

Tingqian Pu, Abdul Hadi Zulkafli

In the digital era, digital transformation is disrupting traditional business models and innovation activities. Numerous firms have expedited their endeavors in digital transformation to augment their manufacturing capabilities, operational efficiency, and competitive standing. Despite the increasing scholarly attention on the pivotal role of digital transformation in economic progress, there exists a paucity of research delving into the intricate nexus between digital transformation and…

DOI (& full text): doi.org/10.15240/tul/001/2024-5-021 more

A policy-oriented framework for social cost analysis of gambling: Evidence from the Czech Republic

Jakub Zofcak, Dominik Stroukal, Josef Sima

This paper introduces a new framework for calculating the social costs of gambling, distinguishing between private costs, externalities, and public expenditures. By focusing only on externalities and public expenditures, which are relevant to policy-making, this approach aligns with economic theory and allows for a more targeted political response. The practical application of this framework is demonstrated by calculating the social cost of gambling in the Czech Republic in 2022 using the best…

DOI (& full text): doi.org/10.15240/tul/001/2024-5-019 more

Socio-demographic factors’ influence on the energy-saving behaviour of residential consumers: Evidence from Romania

Stelian Stancu, Anca Maria Hristea, Camelia Kailani, Denisa Elena Bala, Andreea Pernici

In the context of various attempts to regulate energy consumption and educate consumers in the spirit of sustainable behavior, this paper aims to identify the role of the main socio-demographic factors on the decision to adopt measures to reduce consumption and save energy. Many studies have approached similar topics, but correlating their conclusions, it can be deduced that psycho-socio-demographic factors interact differently from one country to another, depending on the economic and…

DOI (& full text): doi.org/10.15240/tul/001/2024-5-012 more

Assessing the impact of exchange rates on international trade in the manufacturing sector of CEE countries: A specific focus on SMEs

Jana Simakova, Tomas Prazak

This paper aims to analyze the impact of exchange rates on international trade in the manufacturing sector in selected Central and Eastern European (CEE) countries. To accomplish this, a distinctive combination of econometric techniques is employed, enabling an assessment of both macro- and micro-level perspectives concerning the mutual relationship between foreign exchange rates and international trade. At the macroeconomic level, the examination employs the J-curve methodology, utilizing…

DOI (& full text): doi.org/10.15240/tul/001/2024-3-007 more