New Articles – Economics

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

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

Natural resources and the underground economy: A cross-country study in ASEAN using Bayesian approach

Thach Ngoc Nguyen, My Ha Tien Duong, Diep Van Nguyen

The development of the underground economy can significantly affect a country’s economic indicators. Although there have been different studies on this phenomenon, many aspects of underground activities remain incompletely defined. Therefore, the current research aims to supplement the existing literature by analyzing the link between abundant natural resources and the scope of the underground economy. To accomplish this objective, we collected panel data from ten Association of Southeast Asian…

DOI (& full text): doi.org/10.15240/tul/001/2024-2-001 more

Decision-making on the job choice in the condition of Slovak households

Jan Kollar, Marian Kika, Barbora Mazurova

Getting, keeping as well as changing jobs are the moments in a person’s life associated with not only the search and evaluation of the options but also with selection and decision-making. The article is one of the few in the Slovak Republic that deals with the issue of decision-making on the job choice in households, thus bringing new point of view into the knowledge about the Slovak labor market. The aim of the article is to analyse the decision-making process on the job choice of members of…

DOI (& full text): doi.org/10.15240/tul/001/2024-2-002 more