New Articles – Economics

Driving economic inclusion: Analyzing the participation of individuals with disabilities

Joanna Malecka, Dominik Czerkawski, Jarmila Duhacek Sebestova

The population with disabilities constitutes the largest minority group in the labour market, facing social and organizational barriers. The ambiguous nature of employment support provisions and the lack of unified vocational activation systems hinder their economic participation. This study reviews existing literature and examines the effectiveness of support programmes, and discusses the employment challenges faced by disabled individuals. The research emphasizes the need for coordinated…

DOI (& full text): doi.org/10.15240/tul/001/2024-5-013 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

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

Impulse response of auction price by practicing auction scheme for solar PV generation to generation quantity, investment and Brent crude oil price

Tanvir Alam Shahi Md., Sarolta Somosi

Energy is crucial for economic progress worldwide, regardless of a country’s development status. However, the negative impacts of traditional energy sources have prompted global policymakers to reconsider fossil fuel consumption patterns. In addition to these harmful effects, regional conflicts such as the Russia-Ukraine war and tensions involving Israel, Palestine, and Iran are contributing to instability in the global energy market, which in turn affects general market stability. Consequently…

DOI (& full text): doi.org/10.15240/tul/001/2024-4-005 more