Economic Exposure and Crisis Resilience in Exogenous Shock : The Short-Term Economic Impact of the Covid-19 Pandemic in the EU

Czeczeli, Vivien; Kolozsi, Pál Péter; Kutasi, Gábor; Marton, Ádám

doi:10.35551/pfq_2020_3_1

Cited by 9 publications

(5 citation statements)

References 6 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Comparative studies have also been carried out at the European level (Czeczeli et al, 2020;GiannakisMamuneas, 2022), comparing the labor markets and economies of different countries using different methodologies. There have also been quantitative, questionnaire-based comparative studies of European business executives (Lengyel et al, 2017).…”

Section: Resilience In Practicementioning

confidence: 99%

Green and Digital Transitions

2024

View full text Add to dashboard Cite

In our study, we review the framework of questionnaire research methods suitable for analyzing the consumer acceptance of vehicle industry innovations, more specifically, of autonomous vehicles. Our aim is to identify the most widely used research models and examine which variables affect consumer acceptance of self-driving technologies to the greatest extent. The various modified versions of the TAM and UTAUT models are the most commonly used models to address the topic in the literature. Both models are characterized by the attempt to predict a consumer's behavioral intention based on the specificities of a technology. Due to the difficulties of prior testing of self-driving technologies, it is worth reviewing these methods from the aspect of how suitable they are for capturing the consumer acceptance of this technology and through what adaptation measures. We do not aim to question the validity of researching the topic by questionnaire surveys, but we find it important to emphasize the significance of cautious adaptation. In the present paper, we intend to provide a methodological basis for future research related to autonomous technology by revising the TAM and UTAUT methods.

show abstract

Section: Resilience In Practicementioning

confidence: 99%

Green and Digital Transitions

2024

View full text Add to dashboard Cite

show abstract

“…In turn, Hassan et al [10] study the impact of macroeconomic shocks in light of the coronavirus pandemic on the banking system of Middle East countries. In the context of this problem, Czeczeli et al [11] consider the problem of ensuring the stability of the financial system to exogenous shocks in the context of the coronavirus pandemic in the EU countries. The findings in this area were used in this research when studying the factor of macroeconomic stability in the context of the work of public authorities in Ukraine in the direction of stabilizing the banking sector during the war.…”

Section: Literature Reviewmentioning

confidence: 99%

State Regulator’s Role in the Country’s Banking System During Wartime

Sokrovolska¹,

Korbutiak²,

Oleksyn³

et al. 2023

ФКДПТП

View full text Add to dashboard Cite

Armed aggression and its negative impact on the exogenous and endogenous environment of economic agents aggravate the problems of the sectors of the national economy, in particular, the banking sector. In this context, the state acquires a key role in managing the processes of the banking sector at both the micro and macro levels. The aim of the article is to determine the key characteristics of the state’s influence on the banking sector in Ukraine during the active phase of the war. The method of synthesis, the method of economic and statistical analysis, and the case method were applied for the analysis. The methodological framework of the research is the method of strategic analysis. The key task of balancing the operational work of the banking sector, maintaining a stable macroeconomic condition and state security is emphasized. As a result, emphasis is placed on the need to define a system of key indicators for management by the regulator and central authorities during the war. Accordingly, the analysis of these indicators showed that the banking sector of Ukraine did not experience catastrophic losses in 2022, which indicates the success of the state in this area. In particular, the number of operating banks in Ukraine slightly decreased by -5.7% in 2022 to 67 banks. Moreover, it was recorded that the banking sector of Ukraine maintained a positive financial result at the level of UAH 12 billion net profit in Q3 2022. Prospects for future research consist of an in-depth study of factors influencing the complex of state actions at the micro- and macro-levels in terms of meeting the needs of the main groups of stakeholders.

show abstract

“…The current aim is to explore phenomena helping the EU economies from the perspective of exposure and effective policy. The idea and structure of the study are based on Czeczeli et al (2020) focusing on the short-term preparedness for the COVID-19 crisis.…”

Section: Introductionmentioning

confidence: 99%

Exposure and preparedness for wartime inflation in the EU: Retrospective cluster analysis

Czeczeli,

Kolozsi,

Kutasi

et al. 2024

SocEc

View full text Add to dashboard Cite

The impact of the Russian-Ukrainian war on energy prices contributed significantly to European price increases in 2022. The study aims to find a linkage between the performance of 24 EU countries during the energy inflation crisis and their preparedness, vulnerability or exposure. The verified hypotheses reflect on the role of initial conditions of countries and the one-year impact of energy inflation on their economic performance. The two-step analysis first creates six clusters of countries based on their energy, trade, financial and political vulnerability, and preparedness indicators. The second step is to explore the shifts of clusters in expectations on macroeconomic indicators. Specific patterns of country groups are explored in the value and evolution of wartime indicators of inflation, GDP growth, consumer and business confidence, as well as FX volatility. The exploration concludes that the entry variables of clustering are relevant, and the EU countries can be segmented by dependency, energy, financial, and political aspects. Thus, it is possible to verify the distance in risk and exposure among EU economies. The impact variables demonstrated that the extent of the inflationary effect depended on the initial conditions. In addition, the research identified protective short-term factors against energy inflation originating in a trade and war context.

show abstract

Economic Exposure and Crisis Resilience in Exogenous Shock : The Short-Term Economic Impact of the Covid-19 Pandemic in the EU

Cited by 9 publications

References 6 publications

Green and Digital Transitions

Green and Digital Transitions

State Regulator’s Role in the Country’s Banking System During Wartime

Exposure and preparedness for wartime inflation in the EU: Retrospective cluster analysis

Contact Info

Product

Resources

About