We analyze the behavior of inflation in the era of fast pace information thanks to technological advances, especially internet. Owing to readily available information, prices/inflation should quickly converge under perfect competition. To this end, we explore the possibility of price convergence in regional inflation in the USA including the perman...
Sustainable supplier selection (SSS) has become an essential task for decision-makers in competitive environments. We construct a new decision-making framework for SSS. First, classical SSS usually includes fixed factors in environmental, social and economic dimensions. Differently, we adopt new social factors from credit perspective with corporate...
In the Chinese stock market, the unique special treatment (ST) warning mechanism can signal financial distress for listed companies. In existing studies, classification model has been developed to differentiate the two general listing states. However, this classification model cannot explain the internal changes of each listing state. Considering t...
Poverty is a challenge faced by all countries worldwide. This paper focuses on a factor that has been less well documented: the consumption loss of farmer households caused by the fluctuation of rural public expenditure. Based on large-scale micro household data and climate data, the instrumental variable estimation results show that every 1% fluct...
The positive impact of the tourism industry on economic growth, revenues, infrastructure, employment, social inclusion and poverty reduction, although widely recognised, has been lately weighted against the appearance and exacerbation of several problems, such as: environmental footprint, increase of income inequality, cost increases related to sol...
When we mention social inclusion, most of us think of political participation, social rights, civil liberties, equal access to race, ethnicity and gender, access to social services and the labour market, basically to a broader concept than social development. Social inclusion is a concept that can actually be defined, which means it can probably be...
Today, the innovative activities of companies in new service development (NSD) have an undeniable contribution to the economic development of countries. Given the recent advances in the healthcare industry, the issue of NSD and performance management of firms operating in this industry has received special attention of researchers and decision make...
This study investigates the effects of different subsidy use patterns on economic performance, the effect mechanisms, and differences among enterprises with heterogeneous economic performance. A theoretical model is built to analyze the factors influencing subsidy use. Applying ordinary least squares and panel quantile regressions on panel data of ...
A growing interest in the circular economy, which is seen in the intensification of public discourse, could lead to a danger of blurring the concept and introducing inefficiency in implementing circular economy-based solutions. This study explores the trend in concomitant or accompanying concepts of the discussion about the circular economy themes ...
In this paper, the quantitative analysis is implemented on the relationship between strategy deviation of listed firms and institutional investors’ recognition. For research methodology, financial complex networks and clustering techniques are employed to measure the de-gree of recognition by creating links to the common stockholding behaviour of i...
