Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Results found: 2

first rewind previous Page / 1 next fast forward last

Search results

Search:
in the keywords:  HUMAN DEVELOPMENT INDEX
help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1

CULTURAL IMPACT ON ECONOMIC FREEDOM IN OECD MEMBER COUNTRIES

100%
Steinhauser D.
Ekonomický časopis (Journal of Economics)
|
2022
|
vol. 70
|
issue 1
57 – 75
EN
The new institutional economic theory working with the concept of transaction costs assumes a quality setting of formal and informal institutions for an effectively functioning economic system. In an economic freely environment, we can assume a lower level of transaction costs. The main aim of the presented article is to identify Hofstede’s cultural dimensions that have a combined impact with the Human Development Index on economic freedom measured by The Heritage Foundation Index of Economic Freedom in OECD member countries. We used instruments of quantitative analysis, namely correlation and multiple regression analysis. We confirmed a negative impact of power distance and uncertainty avoidance on The Heritage Foundation Index of Economic Freedom. Countries with higher values of the Human Development Index achieve better score in The Index of Economic Freedom. In literature review and discussion we open the question of cancel culture in context of economic freedom for further research and we recommend the application of the concept of economic freedom in accordance with the principle of subsidiarity. However, the importance of economic freedom appears differently for diverse groups of countries.
2

ANALYSIS OF THE RELATIONSHIP BETWEEN THE SIZE AND THE STRUCTURE OF PUBLIC EXPENDITURE AND SOCIO-ECONOMIC DEVELOPMENT

75%
Mikušová Meričková B., Nemec J., Murray Svidroňová M., Pischko V.
Ekonomický časopis (Journal of Economics)
|
2017
|
vol. 65
|
issue 4
320 – 333
EN
The relation between the levels of public expenditure and their impact on economic growth and socio-economic development is long-term issue investigated by the public finance theory. Relevant answers to it are also of great importance for economic practice. The aim of the present study is to analyse the relation between the levels and structures of public expenditures and the Human Development Index. The study uses the Data Envelopment Analysis (DEA) to identify countries that effectively use public spending to achieve the highest socio-economic development of society. The findings indicate that the total amount of public expenditure does not have significant impact on the socio-economic development; however public expenditures in “productive” sectors of public services (especially education, health and social services) have the potential of positive impact on the socio-economic development.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.