Month: December 2022

INTERRELATIONSHIPS BETWEEN HUMAN CAPITAL AND INTELLECTUAL CAPITAL: EVIDENCE FROM THE PANEL OF HIGH-INCOME AND LOW AND MIDDLE-INCOME GROUPS OF THE WORLD

Imran HUSSAIN

Department of Economics, Vidyasagar University, Midnapore, India,

imranhussaingrp@gmail.com

Ramesh CHANDRA DAS

Department of Economics, Vidyasagar University, Midnapore, India,

ramesh051073@gmail.com

(corresponding)

Aloka NAYAK

Department of Economics, Vidyasagar University, Midnapore, India

aloka.nayak21@gmail.com

Abstract

The competitiveness in production sector is increasing significantly due to the openness of the economies in the world. Importance of intellectual capital (IC) thus has been mounting continuously and human capital formation (HCF) is considered as the main source of it. IC, an advanced version of human capital, is formed by the efforts upon research and development (RD) activities. It is a natural question whether HCF helps in the formation of intellectual capital in the countries of different status. Under the backdrop, the study examines the long-term relationship between intellectual capital and HCF in case of some countries from the high-income group (HIG) and low and middle-income group (LMIG) during the period of 1998 to 2018. It employs panel unit root, panel cointegration and panel causality techniques for examining the long run associations and short run dynamics between human capital and intellectual capital for the two groups of the economies. The findings of the study show that long-term association exists between these two forms of capital for both the panels of high and low and middle-income nations. But the short-run causal interplay works in high-income group only where human capital formation is making a cause to the intellectual capital formation. A one-unit increase in the change of HCF at period t-1 results in a 0.05 unit rise in the change of current year intellectual capital in the high-income group. The governments of the countries are suggested to make more human capital formation via increasing expenditures on both education and health sector to assure more intellectual capital.

Keywords: Human capital, intellectual capital, growth, panel cointegration, panel causality, high and middle income countries

JEL classification: R10, R11, O30, C33

 pp. 107-122

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THE LOGISTIC DRIVERS AS A POWERFUL PERFORMANCE INDICATOR IN THE DEVELOPMENT OF REGIONAL COMPANIES OF KOSOVO

Filipos RUXHO

Professor Ass. Dr. , Department of Business and Management, Universum College, Kosovo,

filip.ruxho@universum-ks.org

Christos Ap. LADIAS

Professor, Regional Science Inquiry Journal

Ladias@rsijournal.eu

Abstract

Regional companies in Kosovo operate in challenging economic conditions that hinder their ability to survive and develop. However, the management of logistics supply chain managers can increase their performance and help in their further development. The main purpose of this research is to investigate whether the management of logistics supply chain drivers can serve as a formal predictor and driver of the development of regional companies in Kosovo. The study aims to help Kosovo’s regional companies in a formal and independent way to integrate with supply chains, increasing their performance and development amid the difficult economic conditions in which they operate. The research approach and method is based on a quantitative survey conducted among 103 regional companies of Kosovo. Data was analyzed using descriptive statistics and hypotheses are tested using Pearson Correlation Coefficient. The results of the statistical analysis showed that the management of the six logistics drivers of the supply chain affects the increase in the performance of regional companies. It is mainly influenced by the information logistic driver, compared to other drivers, it turns out that over fifty percent of the respondents believe that the information logistic driver is the most important, followed by the next driver with sixteen percent transport, twelve percent facilities, nine percent resources, seven percent inventory and only one percent price. From the analysis of the questionnaire data, the importance and quality of road transport in the performance of regional companies was clearly highlighted. Implications and managerial practices of this research will serve as an aid to policy makers and institutions when designing development initiatives for regional infrastructure, economic zones and locations.

Keywords: logistic drivers, regional development, inventory, transportation, information

JEL classification: R10, R11, R40, R58, M10

 pp. 95-106

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ARE THE REGIONS WITH MORE GENDER EQUALITY THE MORE RESILIENT ONES? AN ANALYSIS OF THE ITALIAN REGIONS

Barbara MARTINI

Researcher of Policy Economics, University of Rome Tor Vergata (Italy)

barbara.martini@uniroma2.it

Marco PLATANIA

Researcher of Applied Economics, University of Catania (IT), Visiting Research Fellowship, University of Winchester (UK)

 marco.platania@unict.it

Abstract

The paper aims to investigate the relationship between gender equality and regional resilience. Literature, primarily regional literature, has shown limited interest in gender. Nevertheless, females and males are employed in different industries, so when a shock hits, it can have a different employment impact in terms of gender and, consequently, in terms of resilience. Regions are specialized in some industries. Regional specialization results from historical, cultural, natural endowments, and social elements. Also, the uneven distribution between females and males within industries involves social, cultural, and economic components. As a result, regional specialization determines an employment distribution that can be unequal regarding gender. This employment distribution is captured by the Dissimilarity Index, which measures the sum of the absolute difference in females’ and males’ distribution over occupations. Therefore, the dissimilarity index emerges as a consequence of regional specialization. This dissimilarity, in turn, could have an impact on resilience. Our results put several significant results forwards. First, there is a relationship between gender segregation and regional specialization. The higher the regional specialization in sectors where the females’ share is low, the higher the dissimilarity. Second, there was a positive relationship between resilience and gender equality from 2008 to 2013. The more gender equality regions are also the more resilient ones. Taking a sectoral occupation is not easy, including social values, cultural components, welfare, education, and soft skill. Policies should also address their efforts to enhance the welfare and social dimensions and break gender stereotypes.

Keywords: Gender, Regional specialization, Dissimilarity, Resilience, Italy

JEL classification: R10, R11, R19, O18

 pp. 71-94

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