Estimating Elasticity Function of Jordanian Aggregate Import Demand

This article estimates aggregate import demand function for Jordan using three fully co-integrating regressions over the (1980−2015) period. The bounds testing approach has been employed to test co-integration, while ARDL approach is used to analyze long-run elasticities. The results show a co-integration phenomenon among variables when import volume is dependent variable. In addition, the estimated long-run elasticities of import demand with respect to income and relative prices are 1.16 and -1.03, respectively. The understanding of import demand behavior is crucial for significant import forecasts, international trade planning, and exchange rate policy design

Reviewing the Framework of Risk Management: Policy and Hedging

Purpose: The main purpose of this study is to evaluate different policies for managing the business risks in an effective manner.   Theoretical framework: In order to identify the hazards within the organization and evaluate several risk factors, risk management is necessary. This is a method of “analysing and evaluating” the risks, which are associated with the hazard. After making identification the risks need to analyse properly. Evaluation of the risks is based on the position and activities of the firms. Hazard identification is a process of finding out the hazards, then making a list of those hazards and after that characterizing.   Design/methodology/approach: The deductive approach is the best approach to understand the structure of the study. The deductive approach focuses on the evaluation of different theoretical views for finding out the pattern related to the generic views of a particular research topic.   Findings: It is identified that the risk management is one of the major parts of business companies, which creating specific policies. The usage of hedging can lead to an effective risk management process.   Research, Practical & Social implications: Businesses can benefit more from a strong foundation for managing risks. Risk assessment is applicable to all industries and is not just related to businesses or companies.   Originality/value: This study is different from the previous studies because it examined the risk management framework (policy and hedging) in detailed way

Optimizing energy sector performance: Modeling and parameter calculation for IT infrastructure with a focus on server systems and networks

In the era of digital transformation, IT services determine the operational activities of all divisions of companies in the energy sector. In modern conditions, the level of management of IT infrastructure, data, applications and systems has a direct and measurable impact on the success of companies, which is relevant for detailed study. Regardless of the size of the business, it is always necessary to ensure high quality of IT services, their availability and continuity. The key goal of the study is to highlight the main aspects of optimizing the efficiency of the energy sector. To achieve the goal, mathematical modeling and calculation tools were used to calculate the parameters of server computer systems and networks. To achieve the set goals and objectives, a mathematical model was developed for calculating the main parameters of server computing systems and networks, which makes it possible to increase the efficiency of using the resources of server computers in the energy industry. The efficiency of managing the IT infrastructure of energy companies ensures fault tolerance, availability and competitiveness of services in the market. The results presented can be applied in practice when planning and managing the IT infrastructure of a company in the energy sector

Macroeconomic Indicators and the Malaysian Capital Market: Time-Series Analysis

Abstract The paper assesses the long-run and short-run equilibrium relationships between six macroeconomic variables namely; industrial production index (IP

Impact of inclusive leadership on adaptive performance: The role of innovative work behaviour

As an organizational behaviour, job performance can be described from two perspectives, namely organizational citizenship behaviour and task performance. To enhance the concept of job performance, especially in servicing jobs (e.g., nursing), recent literature has considered the construct of adaptive performance. Thus, the major purpose of this research is to analyze the nexus between inclusive leadership (IL) and adaptive performance (AP) among private hospital nurses in Jordan using innovative work behaviour (IWB) as a mediating variable. Our study uses questionnaires to collect data from 169 nurses who work in different private hospitals in Jordan. The nature of the study is quantitative and cross-sectional, with individuals as the unit of analysis. The survey questionnaires, which consist of measures of IL, AP, and IWB, were distributed to the full-time nurses in the hospitals. The empirical outcomes show that IL has a direct and significant predictive effect on AP, and an indirect predictive effect through innovative work behaviour. This study discusses the practical and theoretical implications of the empirical results. The outcomes of this study could help practitioners and policy makers to create effective IL and IWB that can enhance employees' adaptability towards their organization with a view to boosting their AP

Формування науково-методологічних аспектів оцінки трансформації цілей економічного розвитку країн

The main purpose of the study is to develop scientific and methodological aspects of assessing the transformation of the target indicators of the economic development of countries, the argumentation of the impact of information technology on the economic growth of countries using the tools of multidimensional cluster analysis. The object of the study is the models of economic development of countries and the assessment of the impact of ICT on them. The relevance and necessity of studying this issue lies in the development of scientific and methodological aspects for assessing the transformation of the target indicators of the economic development of countries. The main results of the study are characterized by the following: the main types of modern economic models are systematized, which made it possible to highlight their features and specifics of application in different countries of the world, depending on the political and socio-economic directions of development; it is substantiated that the key factor of sustainable development of the country is economic growth; for the first time, the specifics of the transformation of the main indicators of the economic development of countries under the influence of innovative information technologies are argued. The presented results made it possible to form the scientific and methodological aspects of conducting a multidimensional cluster analysis of the transformation of the target indicators of the economic development of countries, which ensured the identification of homogeneous groups of clusters of countries by the level of economic development (global indices of economic development of countries), taking into account the peculiarities of their functioning and development strategies. The practical application of the research results will ensure the effectiveness of the formation of economic policies and strategies for the economic development of countries, taking into account the application of the developed scientific and methodological aspectsОсновною метою дослідження є розробка науково-методичних аспектів оцінки трансформації цільових показників економічного розвитку країн, аргументація впливу інформаційних технологій на економічне зростання країн із використанням інструментів багатовимірного кластерного аналізу. Об'єктом дослідження є моделі економічного розвитку країн та оцінка впливу на них ІКТ. Актуальність та необхідність вивчення цього питання полягає у розробці науково-методичних аспектів оцінки трансформації цільових показників економічного розвитку країн. Основні результати дослідження характеризуються таким: систематизовано основні види сучасних економічних моделей, що дозволило виділити їх особливості та специфіку застосування у різних країнах світу залежно від політичних та соціально-економічних напрямів розвитку; обґрунтовано, що ключовим чинником сталого розвитку є економічне зростання; вперше аргументується специфіка трансформації основних показників економічного розвитку країн під впливом інноваційних інформаційних технологій. Наведені результати дозволили сформувати науково-методичні аспекти проведення багатовимірного кластерного аналізу трансформації цільових показників економічного розвитку країн, що забезпечило виділення однорідних груп кластерів країн за рівнем економічного розвитку. (Глобальні індекси економічного розвитку країн) з урахуванням особливостей їх функціонування та стратегій розвитку. Практичне застосування результатів дослідження забезпечить ефективність формування економічної політики та стратегії економічного розвитку країн з урахуванням застосування розроблених науково-методичних аспекті