Záznam přidán/aktualizován: 7. dubna 2025 v 12.22 hod.
Receiving Assistance in Material Need versus Active Participation in the Labour market: Who Will Win?
Brian König, Gabriela Dováĺová, Ján Košta
Politická ekonomie 2025, 73(1):1-30 | DOI: 10.18267/j.polek.1451
The paper focuses on identifying the main factors affecting the motivation of labour market participation in connection to the system of assistance in material need and the subsistence minimum. The results of the analysis show that (i) assistance in material need itself lowers the motivation to work, but in Slovakia, the difference between net household income from work after finding a job and the net social income during unemployment is increasing in time; (ii) house-holds with incomes below the subsistence minimum react to these changes most sensitively; and (iii) increases in the assistance in material need negatively affect the motivation to work,...
Effect of Resource Rent on Infrastructural Development in Africa: Moderating Role of Governance Institutions
Jonathan E. Ogbuabor, Ekene ThankGod Emeka, Anthony Orji
Politická ekonomie 2025, 73(1):31-57 | DOI: 10.18267/j.polek.1450
This study investigates the effect of resource rent on infrastructural development in Africa and how governance institutions moderate this relationship. The pooled OLS and the dynamic system GMM estimation techniques are adopted with a panel of 52 African economies over the period 2005-2022. We find that resource rent significantly hampers infrastructural development in Africa, thereby reflecting the prevalence of the "natural resource curse" phenomenon. We also find that the unconditional effects of governance institutions are mainly negative and significant, which aptly reflects the presence of weak institutions in Africa. Interestingly, our results...
Political Economy of Mitigating Carbon Emissions with Mild Constraints: An Empirical Study on Employment Based on Low-Carbon City Pilot Policy
Yang Chen, Wenge Liu
Politická ekonomie 2025, 73(1):58-87 | DOI: 10.18267/j.polek.1449
The interaction between socioeconomic disparities and environmental degradation, which is highly pertinent to the issue of climate change, has garnered significant scholarly attention globally. Despite the critical importance of climate change in political economy, research into labour markets and environmental policies remains limited in the current literature. Therefore, the present study discusses the implementation of China's low-carbon city pilot policy (LCCPP) as an exogenous policy shock. Utilizing A-share data from listed companies on the Shanghai and Shenzhen stock exchanges spanning the period 2007-2020, we employ a multiperiod difference-in-differences...
Examining the Impacts of GDP, Trade Openness, Freedom Index and the Internet on FDI: Comparison of Countries with Panel ARDL
Tuğba Güz, Coşkun Parim, Erhan Çene
Politická ekonomie 2025, 73(1):88-124 | DOI: 10.18267/j.polek.1445
The main purpose of this study is to examine the impacts of GDP, trade openness, the freedom index and the internet on FDI in 54 countries, including developing, transition and developed countries, over the period 1995-2021. First, the variables affecting FDI are determined. Then, first- and second-generation unit root tests are conducted for panel data to investigate stationarity. Finally, long- and short-run relationships between variables that have an effect on FDI are exhibited with panel cointegration tests and panel ARDL analysis. Among 17 candidate variables, internet, GDP, the freedom index and trade openness are determined to affect FDI. GDP,...
Does Monetary Policy Affect Income Distribution? Local Projection Evidence from Turkey
Ayşegül Şahin, Ilyas Siklar
Politická ekonomie 2025, 73(1):125-151 | DOI: 10.18267/j.polek.1453
The relationship between monetary policy and inequality has received limited attention in the economics literature. This study aims to contribute to the literature by examining the relationship between monetary policy and income inequality in developing countries, specifically by analysing the results of the Turkish experiment. The local projection method was used to determine the relationship between monetary policy shocks, obtained through the VAR model, and the calculated inequality measures. The main findings of the study suggest that monetary policy can potentially influence the distribution of total income, particularly when the monetary policy...
Book reviews
Radovan Richta's legacy is also inspiring for economists
Zuzana Džbánková
Politická ekonomie 2025, 73(1):152-156 | DOI: 10.18267/j.polek.1471