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Topic Review
Social/Economic Value in Emerging Decentralized Energy Business Models
Emerging business models, including business models for demand side management, peer-to-peer (P2P) trading, transactive energy (TE) markets and microgrids which involve community self-consumption (CSC). 
  • 909
  • 12 Jan 2022
Topic Review
Social Sustainable Urban Air Mobility in Europe
The first step to steer passenger Urban Air Mobility (pUAM) towards the necessity of sustainability is to understand its impact on urban transportation systems. The introduction of pUAM will have a rather negative impact on the social sustainability assessment of European urban mobility systems. The short- to mid-term affordability of pUAM for broad parts of the population cannot be expected without public subsidies. For this engagement, however, local community must first demand clear prospects for added value. Similarly, the overall inclusivity evaluation of urban transportation systems must be expected to decline if planning authorities will not demand certain standards for mobility-impaired groups. Vertiport operation in already developed urban locations might not improve accessibility, however, cross-financed and open access mobility hubs in suburbs and rural areas might include pUAM and thus contribute positively to the access indicator. A high level of satisfaction with pUAM among the public is not expected due to target-group specific business modelling. Last but not least, an impairment of the overall quality of urban public spaces is likely but might be minimised through the allocation of legal competences for urban airspace planning and civil society participation on the local level.
  • 894
  • 05 Aug 2022
Topic Review
Precautionary demand for cash
       We have recently seen two conflicting trends in the use of cash. The share of e-payments in retail transactions is steadily increasing, but the same upward trend is true for the share of cash in circulation or at least the cash share remained unchanged. This paper shows the significance of perceived risk for consumers’ precautionary demand for cash after they make a decision to use e-payments. We use data from a study involving Polish consumers. The main conclusions are as follows: surveyed consumers perceive a level of risk associated with card and mobile payments and continue to carry cash for precautionary reasons. Factors such as the consumer’s mental state, lack of trust in e-payments, and attitude to risk influence the decision to maintain cash reserves, while the consumer’s income and age may be considered the main determinants of the value of the cash reserve. Consequently, the decision to use e-payments does not necessarily mean that the demand for cash drops to zero. A degree of difficult-to-reduce, autonomous demand for cash may exist independent of the traditionally studied determinants, in particular, those related to the transaction demand.
  • 892
  • 29 Oct 2020
Topic Review
Exploring Trend of Commodity Prices
As the supply of commodities forms essential lifelines for modern society, commodity price fluctuations can significantly impact the operation and sustainable development of macroeconomics, production activities, and people’s security and well-being. The commodity trading market also plays a pivotal role in the competition of the international industrial chain and the sustainable development of the industry. 
  • 888
  • 23 Aug 2022
Topic Review
Transaction Network Structural Shift under Crisis
In 2008, the Lehman Brothers’ bankruptcy, accumulated from the global financial crisis, proved a unique role of the highly interconnected financial entities. Shocks in a bank might trigger loss, induce spillovers, provoke a contagion shock spreading to other entities, trigger the whole banking system to collapse, and ultimately unsettle the worldwide economy. The global financial market was stressed as worldwide investors tried to sell simultaneously, while banks were having trouble finding other financing sources. Banks’ liquidity problems, spread over the whole system, triggered the world financial market panic. The continuous failures spread in a short time, proving that the entities incorporated in the financial system are highly interdependent to each other. 
  • 887
  • 15 Apr 2022
Topic Review
Renewable and Non-Renewable Energy Consumption
There are numerous discussions on China’s environmental sustainability. However, few scholars have considered renewable energy consumption and trade policy simultaneously to debate environmental sustainability. Therefore, researchers examined how renewable and non-renewable energy consumption, bio-capacity, economic growth, and trade policy dynamically affect the ecological footprint (a proxy for environmental sustainability). Researchers suggest a two-way causal relationship between renewable energy consumption and ecological footprint, non-renewable energy consumption and ecological footprint, and economic growth and ecological footprint.
  • 875
  • 23 May 2022
Topic Review
Regional Resilience in the Southern African Development Community
The Southern African Development Community (SADC) and its member countries are potentially vulnerable to external disturbances, including environmental, economic, and social shocks. Regional policy emphasizes interventions to ensure long-term growth and development in the face of potential disturbance. It is important to investigate the extent to which existing research supports regional resilience policymaking. Objectives include investigating available research on resilience in the SADC, identifying potential limitations, and delineating areas of future research to be considered by researchers that contribute to knowledge and evidence creation. 
  • 875
  • 11 Aug 2022
Topic Review
Economic Policy Uncertainty and Energy Prices in Russia
Crude oil and natural gas are crucial to the Russian economy. Even though Russia is a crucial player in both the natural gas and the crude oil markets, there is higher co-movement of the economic policy uncertainty with gas price than oil price. This demonstrates the importance of natural gas in the Russian economy. Russia is the highest exporter of natural gas and second-largest producer; hence, it is plausible that the natural gas price correlates more closely with economic policy uncertainty than the crude oil price. It is important to add that the correlations between gas price and economic policy uncertainty and the correlation between crude oil price and economic policy uncertainty have similar patterns. Each declined in almost the same period and, equally, increased concurrently. Additionally, significant global events and crises, such as the global financial crisis, the Russian financial crisis, the 9/11 terrorist attack, and the Russo–Ukrainian war, have an influence on the interconnections between the energy prices and Russian economic policy uncertainty. Several policy prescriptions for the Russian energy markets and their diverse responses to their volatility or the dwindling oil price should be pursued by appropriate quarters to stabilize both energy prices and minimize economic policies accordingly.
  • 874
  • 17 Jun 2022
Topic Review
Sustainable Economic Recovery Post Natural Disaster with Insurance
Insurance as a form of disaster risk management has developed continually throughout the world. Disaster insurance has also received good responses from communities and governments, as indicated by the demand for disaster insurance both by the community (individuals) and by governments in the form of national disaster insurance.
  • 868
  • 27 Apr 2022
Topic Review
Universities Entrepreneurial Ecosystem in Russian Regions Innovative Activity
The entrepreneurial ecosystem of universities is frequently recognized to have a key influence on the innovative activity of the related regions. It is extremely important to strengthen the impact of university entrepreneurial activity on the innovative activity of regions by building the interactions between education, science, and business.
  • 860
  • 21 Jul 2023
Topic Review
Data Centre Industry
The data centre industry (DCI) has grown from zero in the 1980s, to enabling 60% of the global population to be connected in 2021 via 7.2 million data centres. The DCI is based on a linear economy and there is an urgent need to transform to a Circular Economy to establish a secure supply chain and ensure an economically stable and uninterrupted service, which is particularly difficult in an industry that is comprised of ten insular subsectors.
  • 856
  • 03 Jun 2021
Topic Review
Socioeconomic Impacts of University–Industry Collaborations
University–industry collaborations create socioeconomic impacts for the areas where they are undertaken. Although these collaborations have recognized importance and a high potential to generate economic and social benefits, there is no consensus in the literature on a consolidated conceptual model for assessing their socioeconomic impacts.
  • 855
  • 29 Jul 2021
Topic Review
What Does Vietnam Gain When Its Currency Depreciates?
A depreciating currency theoretically supports exports. A weak currency means that domestic goods are cheaper abroad. Therefore, it increases both exports and stock prices, as more businesses raise their capital through the securities market, pushing up the stock price.   
  • 855
  • 09 Dec 2021
Topic Review
Inclusive Economic Growth
The ambitious goal of the European Union (EU) countries is to achieve carbon neutrality by providing inclusive economic growth, which requires the development of relevant incentives and initiatives. Furthermore, such incentives and initiatives should guarantee the achievement of the declared goals. 
  • 851
  • 11 Jan 2024
Topic Review
Climate Economic Models in Malaysia
The concept of externalities in the production of goods and services by Arthur Pigou became part of economics with the publication of “The Economics of welfare”. GHG emissions became a negative global externality from production activities causing global warming and climate change. Society needs to adapt to the catastrophic consequences if governments across the globe delay in taking any unprecedented policy corrections.A price on GHG emissions determined from climate economic modelling is called Social Cost of Carbon (SCC) or carbon price. SCC is defined as the net present value of climate damages from one more tonne of carbon dioxide (CO2) or equivalent, conditional on a global emissions trajectory over time . Among others, setting a price on greenhouse gas emissions is one of the effective policy instruments to address the negative externalities of anthropogenic greenhouse gas emissions. Carbon pricing is implemented in almost 61 jurisdictions around the world covering 22% of global GHG emissions based on a report by the World Bank in 2020. According to this report, the range of carbon prices starts from 1 USD/tCO2e to 119 USD/tCO2e. However, the percentage coverage of global GHG emissions has almost doubled from 13% in 2016 with only 40 jurisdictions . The year 2016 was selected to compare the state of the global carbon pricing in the post-Paris Agreement in 2015. This is evidence by the adoption of carbon pricing which is expected to build its pace following this growing trend.
  • 850
  • 19 May 2021
Topic Review
Unlocking the Green Economy in African Countries
The Fourth Industrial Revolution, marked by transformative technological advancements, has ushered in a promising avenue for green economic growth. This transition towards a low-carbon, environmentally sustainable economy has gained momentum across both developed and developing nations, driven by the urgent need to address impending climate change and its far-reaching consequences. Amid this context, the synergy between financial technology (FinTech) and the green economy emerges as a potential solution to the ecological challenge.
  • 848
  • 14 Aug 2023
Topic Review
Forecasting Industrial Production Using Aggregated and Disaggregated Series
Researchers whether using a disaggregated series or combining an aggregated and disaggregated series improves the forecasting of the aggregated series compared to using the aggregated series alone. Researchers used econometric techniques, such as the weighted lag adaptive least absolute shrinkage and selection operator, and Exponential Triple Smoothing (ETS), as well as the Autometrics algorithm to forecast industrial production in Brazil one to twelve months ahead.
  • 847
  • 29 Jul 2022
Topic Review
Evolution of Digital Economy in Europe
The wide use of telecommunications, computers and the internet, especially over the last four decades, has formed a new economic phenomenon, the “Digital Economy”. As a matter of facts, the development of digitalization has raised questions about its contribution to official economic indicators. This research examines the evolution of the information and communication industry (ICI) and its contribution to the national Gross Domestic Product (GDP) of six European entities. Time series and auto-ARIMA models are employed to process the data. Moreover, this study forecasts the development of the ICI in the future. The results demonstrate a clear stable growth in the variable under examination over time, showing an increasingly greater contribution of the ICI to the national GDP in most cases with the exception of Greece, which has a high provisional risk.
  • 845
  • 23 Oct 2024
Topic Review
Iconic Cast of "Home Improvement"
"Home Improvement," a beloved American sitcom that aired from 1991 to 1999, has remained a staple of television nostalgia. Central to its enduring appeal are its unforgettable characters, brought to life by a talented cast that contributed significantly to the show's success. This article delves into the cast of "Home Improvement," examining their roles and impact on the series.
  • 842
  • 04 Sep 2024
Topic Review
The Shadow Economy in Earlier Researches
Information and communication technology (ICT) development is vital to the shadow economy. Mainly, internet usage is robust and negatively associated with the shadow economy. Furthermore, inflation and poverty emerge as key determining factors of the shadow economy. The research findings will aid in the development of recommendations for potential strategies to minimize the international extent of the shadow economy. 
  • 838
  • 01 Jul 2022
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