Climate change poses an urgent threat, necessitating the implementation of measures to actively reduce carbon emissions. The development of effective carbon emission reduction policies requires accurate estimation of the costs involved. In situations where actual prices of commodities are not available in the market, shadow pricing provides a useful method to calculate relative prices between commodities with and without price information.
Authors:dr. Tomas BaležentisIERDYunlong Zhang Jingyu Zhuo Zhiyang Shen
The interactions between financial development, productivity nd growth have been studied in the literature. However, their nature, directions and magnitudes remain unclear, and no consensus has been reached, notably in the agricultural sector. We conduct a state-of-the-art review of this topic and also present alternative environmental determinants (climate change and extreme event issues; water, soil and land management practices; waste management and circular economy) of agricultural productivity. In doing so, we show where this domain has fallen short on methodological approaches, while emphasizing the relevant feature characterizing this empirical debate. Moreover, we emphasize the heterogeneity of the linkages between financial development, productivity and growth across income groups. Along with prospects for future research, some policy recommendations are offered.
Authors:dr. Fabio Gaetano SanteramoIERDCosimo Magazzino Nicolas Schneider
Exploring the factors that affect agricultural environmental performance enriches our understanding of the nvironmental implications of agricultural practices. Using panel data for 79 prefecture-level cities in the middle and lower reaches of the Yangtze River in China from 2003 to 2020, this study theoretically determines and mpirically tests the relations environmental performance.
he book aims to contribute to the scarce literature on the role of servitization in farming and rural development. It offers a conceptual and empirical understanding of the ways of servitization in agriculture and rural development, examined through the prism of an evolutionary approach based on the theory of qualitative structure. The method of qualitative structure explains why and how a switch from product-oriented business logic to service-oriented business logic happens and helps to find many new insights useful for improving farm management and socio-economic development of rural regions. It combines a systematic and evolutionary analysis of literature on servitization and agricultural production strategies with case studies of farming and territorial servitization projects implemented in Lithuania. It will be of great interest to researchers and students in the field of rural development studies, servitization and business model innovation.
This monograph addresses the methodological and empirical issues relevant for the development of sustainable agriculture, with a particular focus on Eastern Europe. It relates economic growth to the other dimensions of sustainability by applying integrated methods. The book comprises five chapters dedicated to the theoretical approaches towards sustainable rural development, productivity analysis, structural change analysis and environmental footprint.
In its efforts to achieve carbon peak and carbon neutrality, China has focused on new energy as a key driver, with significant implications for China’s new energy and stock markets. However, few studies have examined the relationship between the two markets. Based on multivariate generalized autoregressive conditional heteroskedasticity models, we investigate the volatility spillovers and dynamic correlations between China’s new energy and stock markets using daily data from 2009 to 2023.
Authors:dr. Zhiyang ShenIERDGuangchen Li Malin Song Weixian Wei
Scientists, politicians, and practitioners are debating the current structure of pig farms in Lithuania, as medium and small farms have almost disappeared over the past decade. The debated problem is whether the revitalization of medium and small pig farms would sustainably contribute to self-sufficiency in pork production.
To examine the intricate relationship between digitalization development and sustainable development, this study commences its analysis by employing the entropy method to establish an integrated indicator of digitalization development among advanced nations. Subsequently, we utilize a panel dataset spanning a decade from 2010 to 2020, encompassing 36 developed countries, to estimate Green Total Factor Productivity (GTFP) growth.
Responding to disruptive events is important to maintain supply chain viability. It is of the utmost importance to maintain functioning of agrifood supply chains as they provide essential goods for maintaining the population. However, there is a diverse pool of possible strategies to ensure the viability of agribusiness and agrifood supply chains. This paper seeks to identify the most relevant strategies for ensuring agrifood supply chain viability amid disruptive events.
Personnel risk is one of the significant factors in improving financial performance. Comparing the subjective perception of sources of personnel risk between companies by the company's country of operation can be useful information for companies and national policymakers. The article aims to identify and quantify disparities and common characteristics in evaluating personnel risk sources between small and medium-sized enterprises (SMEs) in the Czech Republic and other V4 countries.
Authors:dr. Justas ŠtreimikisIERDZora Petrakova Katarina Frajtova Michalikova Vendula Fialova
Industry is one of the key sectors of Slovakia's economy and accounts for approximately 22% of GDP. Industrial production accounts for an average of 85% of the industry's contribution to GDP. The period of 2020 and 2021 was a crisis for all sectors of the economy due to the announcement of the global COVID-19 pandemic. Regarding the importance of industrial production in Slovakia's economy, we examine the impact of the coronavirus crisis on a sample of companies operating in this sector. Changes in the operational activity of enterprises are directly reflected in the volume of their net working capital.
Authors:dr. Justas ŠtreimikisIERDJanka Grofčíková Hussam Musa
When compared to traditional indicators, text information can capture market sentiment, investor confidence, and public opinion more effectively. Meanwhile, the mixed-frequency dynamic factor model (MF-DFM) can capture current changes.
Authors:dr. Tomas BaležentisIERDPeijin Li Xinyi Peng Chonghui Zhang