Sistema Regional de Información
en línea para Revistas Científicas de América Latina,
el Caribe, España y Portugal

This research deals with a particular business organisation model, such as manufacturing cooperatives. The general aim is to analyse the relationship between cooperatives’ export behaviour and their size. The specific objectives are twofold: i) to determine whether size is positively related to the cooperatives’ export status (exporters versus non-exporters) and ii) to analyse the relevance of size on cooperatives’ export intensity.  We use data at the Spanish firm-level that covers the period 1991 to 2016. The research confirms that cooperatives’ behaviour with respect to exports is similar to that highlighted in the literature for capitalist companies. We have reached an empirical basis for affirming that cooperatives' size significantly influences the decision to export or not to export, but once that step has been taken, the intensity of the exports responds to a plurality of causes, among which the size of the cooperative is not the most important. The results reveal that higher levels of export intensity are positively linked to higher levels of productivity, wages and innovation.

The circular economy (CE) arose in response to growing environmental awareness, environmental legislation, and the requirement for social responsibility. However, knowledge of CE is lower than expected in Egypt, and practices fall behind expectations, due in part to a dearth of research on the subject. Therefore, this study examined the current state of CE awareness and practices among university students. The study's primary purpose was to increase public awareness and comprehension of CE promotion performance in Egypt. The data and information for this study were gathered through the distribution of questionnaires and interviews with 130 students from ten Cairo University colleges and other Egyptian universities. The findings revealed that students were unaware of the CE program and had a poor knowledge of it. They did, however, have good attitudes toward garbage sorting, even though most of the time they just categorised garbage into categories for sale, reuse, or exchange for a new thing. Students’ awareness of the CE program correlated positively with educational level, age, and gender, whereas their pro-environmental and resource conservation behavior correlated positively with age.

This paper examines the relationship between employee effort and earnings management. Data on working hours and discretionary cumulations of 29 non-financial companies listed in Tunisia are used. With an increased activity of employees, we find less profit management in Tunisian companies. This result evolves more critical when incomes are more predictable and persist after controlling for delayed endogeneity. However, we also find that increasing employee effort increases the likelihood of positive gains being realized for non-financial businesses. Our findings have important implications for investors and regulators looking to restrict earnings management.

Tourism is widely regarded as one of the largest and fastest growing industries on the world. However, the outbreak of the COVID-19 pandemic has had a significant impact on international visitor arrivals and receipts for countries worldwide. Recognizing the need for tourism destinations to develop entirely new marketing strategies in the post-COVID-19 era, the establishment of travel brands for tourism destinations is critical to facilitating more effective marketing campaigns. As a result, social media marketing has been recognized as a viable marketing technique for promoting products, services, and information via social networking sites (SNSs). This is perhaps the first study to use the stimulus-organism-response (S-O-R) model to examine how SMMA affect tourism destination marketing and, subsequently, revisit intention for rural tourism destinations in Sarawak, Malaysia. A total of 239 valid questionnaires were used to assess the fitness of the measurement (inner) and structural (outer) models. Interestingly, the empirical findings indicate that SMMA (i.e., entertainment, interaction, trendiness, customization, and word-of-mouth) all contribute significantly to the success of rural tourism destination marketing efforts. Additionally, it was discovered that a well-developed tourism destination marketing strategy is critical for increasing tourists' intention to revisit, particularly to rural tourism destinations in Sarawak.

Most developing countries are making frantic efforts to curtail illicit outflows of investible funds. Unfortunately, these efforts seem not to have produced the expected results. Meanwhile, existing empirical investigations have failed to explain emphatically, the channels through which this economic sabotage is being perpetuated. In this context, this study scrutinizes whether geopolitical risk factors (GPR) and economic policy uncertainty (EPU) stimulate the outflows of illicit capital from South Africa over 1985 – 2018 while controlling for the influence of national income, trade openness, foreign direct investments (FDI) and population. Preliminary investigations confirmed co-integration among the series. Furthermore, it is established that capital flight is a systemic problem considering its significant short-run autoregressive effect. Further evidence from the ARDL model indicates that GPR and EPU exert significant positive impacts on capital flight only within the short-run, whereas FDI produces a positive and significant influence on capital outflows at all times. The influence of FDI on illicit capital outflow is also consistent when the Kernel Regularised Least Squares (KRLS) model was applied, such that its positive and significant influence was also observed both on the average and across all quantiles of the distributions of capital migrations. Therefore, to curtail capital flight, policymakers must keep an eye on the inflows and outflows of FDI. Meanwhile, GPR and EPU are not long-term predictors of capital migrations from South Africa. The findings of this investigation could be equally beneficial to other countries battling with capital flight.     

This study aims to investigate and measure the impact of liquidity on profitability management in an emerging market. The panel data used for the study is collected from the audited financial statements of companies trading in the fertilizer industry traded on the Vietnamese stock market for the period from 2010 to 2019. The study compares the regression results between Pooled OLS, Fix Effect Model and Random Effect Model estimates with the Hausman test and Lagrange multiplier test to select a suitable regression model. Research results reveal that Quick Ratio and Days Inventory Outstanding factors positively affect Return On Equity but not Return On Assets; factors Days Sales Outstanding and Days Payable Outstanding have a negative impact on Return On Assets but not on Return On Equity. Particularly, the Current Ratio factor has a positive effect on Return On Assets but has a negative effect on Return On Equity. The research results can be applied to many different economic sectors as well as help policymakers and regulators in examining and regulating the relationship between liquidity and business profitability

This paper examines the gender wage gap in the Argentinian tourism sector. We use microdata from the Permanent Household Survey 2018-2019 and implement the Machado and Mata quantile decomposition method with an innovative sample selection correction. We find that the gender wage gap in tourism sector and its subsectors is not constant throughout the wage distribution. In the whole tourism sector, the gap is greater at the bottom of the wage distribution and is explained by discrimination against women. In hospitality, the gap increases over the distribution suggesting a glass ceiling effect explained by discrimination. In restaurants, however, the gap is greater at the bottom of the distribution, which provides evidence of a sticky floor effect due to differences in individuals’ endowments. Finally, the gap in travel agencies, cultural, sports and entertainment services remain relatively constant across the wage distribution.

An almazara (oil mill) is an essential piece in the production of olive oil since it is the place where the olive is milled and the olive oil is obtained. They are usually linked to producer cooperatives. They are structures that require specialized machinery and that on multiple occasions are underutilised, given the presence of several of them at very close distances. In addition, they characterise the mainly olive grove municipalities and their study provides a valuable information of economic interest. From a statistical point of view, the “number of oil mills per municipality” is a count data variable that exhibits overdispersion. In this study, we focus on the oil mills found in municipalities of Andalusia. First, we make a descriptive study of the variable. Second, we model this data according to the most suitable probabilistic model. Finally, several generalized linear regression models based on different geographic and socioeconomic variables are proposed and the best one (using the Akaike information criterion) is selected.

This paper aims to study the development of inflation in the Algerian economy through monetary policy in addressing this phenomenon, and the data includes annual data covering the period from 1970 to 2019., based on macroeconomic variables which expose the relationship between the inflation and  monetary policy instruments , the econometric study based on structural break cointegration ,  using  a structural break tests such as  Zivot and Andrews(1992) and  Gregory-Hansen(1996) to estimate this relationship we used the cointegration methods “ FMOLS, DOLS, CCR” these estimation methods  had allowed us to note that the treatment of inflation in Algeria is not based not  only on monetary tools

Smoking is a global public health problem, so its solution requires the development of prevention strategies based on empirical evidence and targeted to specific groups. This paper addresses this issue by proposing the analysis of the decision of smokers, based on their probability of choice, as a basis for proposing these preventive plans. Among the main results is the verification of sociodemographic variables, such as gender, age or educational level, which are key when it comes to properly orienting these strategies.