Template-Type: ReDIF-Paper 1.0 Author-Name: Shada Almuwallad Author-Name-First: Shada Author-Name-Last: Almuwallad Author-Email: 190214883@aston.ac.uk Author-Workplace-Name: Aston university Title: Exploring the Dynamics: Granger Causality Between Macroeconomic Variables and Sectoral Stock Prices Before and After the 2008 Financial Crisis: Evidence From The FTSE All-Share Index Abstract: This study provides a quantitative analysis of the causal association between macroeconomic factors and stock share prices at the sectoral level in the UK, with a specific emphasis on the periods prior and after the global financial crisis of 2008. Employing both conventional and quantile Granger causality analysis, we examine the causality between GDP, interest rates, money supply, inflation, exchange rates, and the sectors of the FTSE All-Share index covering the period from 1999 to 2022 by dividing the sample to prior the financial crisis from 1999 to 2007 and after the crisis from 2008 to 2022. Our results present complex and dynamic causation, which varies among different sectors and economic circumstances. The conventional Granger causality test revealed limited findings, whereas the quantile technique reveals deeper bidirectional causality in particular quantiles, implying that the impact of economic factors on stock prices is reliant upon the current economic circumstances. For instance, before the financial crisis of 2008, the standard Granger causality test revealed that GDP causes only the consumer staples and energy sectors, but there were no causation effects from stocks to GDP. However, the Granger causality test for quantiles suggested a bidirectional effect between GDP and stock prices across various distributional quantiles, which indicates that stock prices also cause changes in the GDP, particularly in the upper and middle quantiles of the distribution. However, After the financial crisis from 2008 to 2022, the traditional Granger causality analysis indicates that GDP do not predict the FTSE All-Share index or any of its sector indices. However, the index and its sectors (except the materials sector) caused significant changes in GDP. The more in-depth analysis of the quantile Granger causality tests revealed a significant causality from the FTSE All-Share index and its sectors to GDP in the majority of quantiles, in addition to causality from GDP to stock prices, but in fewer quantiles. The two tests agreed on the extreme effect of stock prices on GDP after the crisis, but they were dissimilar regarding causality in the other direction. These findings emphasise the significance of involving distributional elements in economic examination and present valuable implications for investors, policymakers, and economic analysts, emphasising the importance of customised strategies that meet distinct market situations and sectors. Length: 53 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 1-53 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=001&rid=16316 File-Function: First version, 0000 Number: 14416316 Classification-JEL: E44, B26, C22 Keywords: Macroeconomic, Stock, Sectoral, Granger, Quantile Handle: RePEc:sek:iefpro:14416316 Template-Type: ReDIF-Paper 1.0 Author-Name: Rustam Azimov Author-Name-First: Rustam Author-Name-Last: Azimov Author-Email: raykhona@uzbekinvest.uz Author-Workplace-Name: JSC EIIC Author-Name: Abdulaziz Abdullaev Author-Name-First: Abdulaziz Author-Name-Last: Abdullaev Author-Email: ramatullayeva.raykhona@mail.ru Author-Workplace-Name: JSC EIIC Title: Problems and prospects of insurance risks of investment projects in Uzbekistan Abstract: An important priority, which is crucial for the growth of the potential and competitiveness of the economy of independent Uzbekistan, is the implementation of an active investment policy for the introduction of strategically significant projects aimed at modernization, technical and technological renewal of the leading basic industries, development of a powerful modern network of transport and infrastructure communications. The reasons that determine the need for investment in the transforming economy of the country are: renewal of the existing material and technical base, increase in production volumes, development of new types of activities. Any of the above-mentioned directions implies the investment of significant funds and a certain time between the decision to implement the activity, the moment of investment of funds and the moment of their return upon achievement of the set goals. Therefore, the risk factor of financial losses, damage and reduction of the overall economic efficiency of entrepreneurial activity under the influence of external and internal factors is of significant importance in investment activity. The occurrence of a direct correlation between the efficiency of investment activity and the level of risks implies the need to use effective risk management mechanisms, one of which is insurance. It should be mentioned that Uzbekistan was one of the first post-Soviet countries to insure risks of investment projects. Effective insurance of investment project risks is possible in the presence of either sufficient capital and experience of insurers and developed infrastructure of the insurance market, providing high-quality pre-insurance expertise of investment project risks, or the state policy of support of such insurance. The system approach to insurance of risks of investment projects, professional activity of domestic insurers allowed to provide optimal protection of insurance interests of private entrepreneurs and small business entities during realization of their projects in different branches of economy of our republic. Length: 7 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 54-60 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=002&rid=16326 File-Function: First version, 0000 Number: 14416326 Classification-JEL: A12 Keywords: Investment, Insurance, Investment project risks, Risk management Handle: RePEc:sek:iefpro:14416326 Template-Type: ReDIF-Paper 1.0 Author-Name: Eduard Hromada Author-Name-First: Eduard Author-Name-Last: Hromada Author-Email: eduard.hromada@vci.cz Author-Workplace-Name: Vysoká ?kola CEVRO Author-Name: Klara Cermakova Author-Name-First: Klara Author-Name-Last: Cermakova Author-Email: klara.cermakova@vsci.cz Author-Workplace-Name: Vysoká ?kola CEVRO Author-Name: Lucie Kurekova Author-Name-First: Lucie Author-Name-Last: Kurekova Author-Email: lucie.kurekova@vsci.cz Author-Workplace-Name: Vysoká ?kola CEVRO Author-Name: Bozena Kaderabkova Author-Name-First: Bozena Author-Name-Last: Kaderabkova Author-Email: bozena.kaderabkova@vsci.cz Author-Workplace-Name: Vysoká ?kola CEVRO Title: ANALYSIS OF THE DYNAMICS OF THE CZECH PROPERTY MARKET: TRENDS IN PRICING, ENERGY EFFICIENCY AND OWNERSHIP Abstract: This paper examines the evolving landscape of the real estate market in the Czech Republic from 2018 to 2023, focusing on apartment pricing trends, the impact of socio-economic factors, apartment sizes and layouts, energy efficiency in residential buildings, and distinctions between ownership types. The study categorises Czech cities into different price tiers and discusses the implications of these categories for potential investors, homebuyers and policymakers. It also examines the standardisation of apartment layouts across cities, the gradual improvement in energy efficiency ratings, and the shift from co-operative and state-owned/community owned to private ownership. The results show a general upward trend in house prices, interrupted by a slight decline in 2023 due to higher mortgage rates triggered by the Czech National Bank's anti-inflationary measures. The expected future easing of these rates should stimulate the market's recovery. This comprehensive analysis helps to delineate key trends and offers a deeper understanding of the factors shaping the Czech Republic's real estate market, providing valuable insights for stakeholders in the sector. Length: 11 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 61-71 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=003&rid=16303 File-Function: First version, 0000 Number: 14416303 Classification-JEL: O18, R31, R21 Keywords: Real estate market, pricing trends, apartment layouts, energy efficiency, property ownership, socio-economic factors, market analysis, housing affordability, investment opportunities. Handle: RePEc:sek:iefpro:14416303 Template-Type: ReDIF-Paper 1.0 Author-Name: Neviana Krasteva Author-Name-First: Neviana Author-Name-Last: Krasteva Author-Email: nevianak@feb.uni-sofia.bg Author-Workplace-Name: Sofia University ?St.Kl.Ohridski? Author-Name: Dessislava Alexova Author-Name-First: Dessislava Author-Name-Last: Alexova Author-Email: dalexova@ibsedu.bg Author-Workplace-Name: IBS Title: "Festina lente" - Hurry slowly for travelers Abstract: AbstractTh? study aims to investigate the "manifestation" of "slow tourism", its economic importance and consequences for the sustainable development of regions. A field study was used with managers working in the field of tourism. The analysis of conducted surveys aims to reveal the presence and manifestation of "slow" tourism in Bulgaria, the connection with the sustainable development of the regions. The method is not exhaustive, but it shows some of the essential problems - the lack of sufficient control over the circumstances and consequences of "slow" tourism. The results show statistically significant differences between the average results for the attitude towards the "mainstream" tourist stream and the participants in "slow" tourism, which requires that this group of users be addressed as a separate marketing segment and offer the appropriate tools for this. Exemplary approaches have been developed. The study concludes the importance of the theme of "slow" tourism not only in the context of the sustainable development of tourist regions, but also as a potential solution to labor market problems. The study recommends encouraging tourism business managers, local authorities and the public to take advantage of the findings related to the trends and findings. It is also recommended that when implementing a strategy to interact with "slow tourists", the program should be designed in accordance with the theories and design principles of this type of business. Length: 9 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 72-80 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=004&rid=16238 File-Function: First version, 0000 Number: 14416238 Classification-JEL: M31 Keywords: "slow" tourism, sustainable development, tourism marketing Handle: RePEc:sek:iefpro:14416238 Template-Type: ReDIF-Paper 1.0 Author-Name: Neviana Krasteva Author-Name-First: Neviana Author-Name-Last: Krasteva Author-Email: nevianak@feb.uni-sofia.bg Author-Workplace-Name: Sofia University ?St.Kl.Ohridski? Author-Name: Aleksey Potebnia Author-Name-First: Aleksey Author-Name-Last: Potebnia Author-Email: aleksey.potebnia@feb.uni-sofia.bg Author-Workplace-Name: Sofia University ?St.Kl.Ohridski? Title: How Marketing Can Increase the Purchase of Unattractive ("Ugly") Agricultural Products? Abstract: In our increasingly visually-oriented society, appearance often dictates consumer preferences, particularly when it comes to food products. Annually, over 50 million tons of fruits and vegetables are discarded in Europe simply because they do not meet the stringent aesthetic standards for shape, size, and color. This leads not only to vast amounts of food waste but also to significant environmental consequences, comparable to the carbon emissions of hundreds of thousands of cars. Research indicates that the main culprits for this waste are not only government regulations and high supermarket standards but also consumer expectations for the perfect appearance of fruits and vegetables. Nevertheless, the growing movement towards sustainable consumption and increased consumer awareness of these issues open new opportunities for marketing strategies that can significantly alter attitudes. This article examines how marketing strategies can overcome the perceived shortcomings of 'ugly' branded fruits and vegetables, encouraging consumers to make more ethical and sustainable choices. Through the analysis of successful campaigns and initiatives, the different approaches that can be applied to overcome beauty stereotypes in food products and to promote greater consumer acceptance of these products are explored. Length: 10 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 81-90 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=005&rid=16249 File-Function: First version, 0000 Number: 14416249 Classification-JEL: M31, M37 Keywords: marketing, ugly fruits, beauty stereotypes Handle: RePEc:sek:iefpro:14416249 Template-Type: ReDIF-Paper 1.0 Author-Name: Yating Liu Author-Name-First: Yating Author-Name-Last: Liu Author-Email: lyt11211999@163.com Author-Workplace-Name: Nanjing University of Aeronautics and Astronautics Author-Name: Zhang Qing Author-Name-First: Zhang Author-Name-Last: Qing Author-Email: karlnuaa@nuaa.edu.cn Author-Workplace-Name: Nanjing University of Aeronautics and Astronautics Author-Name: Xiao Qiuying Author-Name-First: Xiao Author-Name-Last: Qiuying Author-Email: xqynuaa@nuaa.edu.cn Author-Workplace-Name: Nanjing University of Aeronautics and Astronautics Title: Dynamic Pricing Strategies for Dual-Channel Supply Chain of nearly Expired Foods under Different Power Structures Abstract: With the change of consumers' concepts, the popularity of online shopping and the strong publicity of online platforms, nearly expired food is more and more accepted by consumers. Since nearly expired food is featured with lower selling price as it approaches the shelf life, this paper investigates the dynamic pricing strategy of expired food in two stages. At the same time, considering that different supply chain power structures also have different impacts on the pricing of nearly expired food, this paper will explore the dual-channel dynamic pricing strategies under different power structures. In this paper, the dynamic pricing model of the two-channel supply chain of nearly expired food is constructed under manufacturers' dominance and mixed dominance of manufacturers and network platforms respectively, and the two-stage optimal pricing and optimal profit are solved according to the game theory. It is found that there exists a two-stage optimal pricing strategy to maximize supply chain profits. The two-stage pricing of nearly expired food in the dual-channel under the mixed dominance is smaller than that under the manufacturer's dominance. The total manufacturer profit and total retailer profit of both stages are larger in the manufacturer-dominated dual-channel supply chain model, but the manufacturer's profit from online channel sales is higher in the mixed-power-dominated model than in the manufacturer-power-dominated model. Suppliers of nearly expired food can choose the appropriate channel to sell according to the product characteristics. Finally, by solving the centralized decision-making model for the dual-channel supply chain of nearly expired food, it is obtained that under the centralized decision-making, although the pricing in both stages is lower than the decentralized decision-making mentioned above, the total profit of the supply chain is the highest, which indicates that manufacturers and retailers can achieve higher profits by developing revenue-sharing contracts, reducing channel competition, and adopting cooperative pricing. Length: 15 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 91-105 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=006&rid=16201 File-Function: First version, 0000 Number: 14416201 Classification-JEL: Keywords: nearly expired food; dynamic pricing; dual-channel supply chain; power structures Handle: RePEc:sek:iefpro:14416201 Template-Type: ReDIF-Paper 1.0 Author-Name: Matea Mati? ?o?i? Author-Name-First: Matea Author-Name-Last: Mati? ?o?i? Author-Email: matea.matic@unidu.hr Author-Workplace-Name: University of Dubrovnik Author-Name: Marija Be?i? Author-Name-First: Marija Author-Name-Last: Be?i? Author-Email: marija.becic@unidu.hr Author-Workplace-Name: University of Dubrovnik Author-Name: Perica Vojini? Author-Name-First: Perica Author-Name-Last: Vojini? Author-Email: perica.vojinic@unidu.hr Author-Workplace-Name: University of Dubrovnik Title: Do Social Media Reviews Matter? Social Media Marketing Activities Empirical Study Abstract: In recent years, social media platforms have been increasingly utilised and have become an indispensable communication tool for companies and users. Nowadays, user-generated content is rapidly increasing and users are becoming the main actors by creating and uploading reviews of products and services. The aim of this study is to identify differences between users? motives in relation to their attitudes towards reviews on social media. The data was collected using a questionnaire with a sample of 207 respondents. The questionnaire was created using the Google Forms tool and distributed via social media, Facebook and Instagram. The study was conducted in April and May 2022. Multivariate statistics, factor analysis and analysis of variance (ANOVA) were used. In the factor analysis of the SMMA measurement scale, three factors were extracted: the interactivity factor, the informativeness factor and the experiential factor. The analysis of variance showed that there are significant differences between the factors and review intention and the number of reviews posted on social media, which are expected between the informativeness factor and the number of reviews. The results show the influence of reviews and the number of reviews on consumers? purchasing decisions. Further recommendations and implications are discussed. Length: 13 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 106-118 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=007&rid=16294 File-Function: First version, 0000 Number: 14416294 Classification-JEL: Keywords: social media, SMMA scale, purchase behaviour, intention to review Handle: RePEc:sek:iefpro:14416294 Template-Type: ReDIF-Paper 1.0 Author-Name: Aristides Papathomas Author-Name-First: Aristides Author-Name-Last: Papathomas Author-Email: aristpapathomas@gmail.com Author-Workplace-Name: Department of Business Administration, University of Western Macedonia, Title: Key Inhibitors of Artificial Intelligence implementation in Greek Systemic Banking Abstract: Artificial Intelligence (AI) is fast becoming an integral determinant of digital transformation in banking. Its successful implementation can influence overall progress or stagnation for the institution?s technological advancement. This paper presents a TOE structured assessment framework for key inhibitors that determine the AI implementation potential on Greek banking institutions. Despite facing various pressures, the Greek banking system is progressing in its digital transformation and AI implementation, although still at early stages. The study utilized empirical case study approach, literature review and market observations. The paper identified and reviewed seven inhibitors within technical, organizational and extremal environments that shape and influence AI pace of implementation. The practical implications of this study can assist bank leaders in assessing their current position in the AI digital journey and planning for the future. SEM or similar research will help strengthen the belief in the findings Length: 11 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 119-129 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=008&rid=16321 File-Function: First version, 0000 Number: 14416321 Classification-JEL: M10, L21, O32 Keywords: Artificial Intelligence, TOE framework, inhibitors, banking Handle: RePEc:sek:iefpro:14416321 Template-Type: ReDIF-Paper 1.0 Author-Name: Slavko ?odan Author-Name-First: Slavko Author-Name-Last: ?odan Author-Email: ssodan@efst.hr Author-Workplace-Name: Faculty of Economics, Business and Tourism, University of Split Title: Can Accrual-based Metrics Indicate Material Accounting Misstatements? Evidence on Audit Adjustments Abstract: This paper analyses the usefulness of various accrual-based measures in detecting material accounting misstatements. Predicting financial misstatements has been of great interest not only to researchers but also to investors, auditors, financial analysts and regulators. However, since pre-audit financial statements are usually not available, prior research is mainly based only on samples of Securities and Exchange Commission (SEC) enforcement actions. We exploit almost unique institutional framework in which Croatian listed companies are required to publish both pre-audit and audited annual financial statements. Therefore, we are able to investigate which pre-audit financial indicators are significantly related to accounting misstatements detected by independent statutory audit, i.e. audit adjustments. Using a sample of 437 pairs of pre-audit and audited financial statements during 2009-2018, we find that financial statements with high value of absolute residuals from the Dechow-Dichev accrual model modified by McNichols (2002) are more likely to contain material misstatements of net income, working capital or fixed assets.Funding: This work has been partially supported by Croatian Science Foundation under the project IP-2020-02-9372 ?Disentangling Financial Reporting Quality?. Length: 10 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 130-139 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=009&rid=16288 File-Function: First version, 0000 Number: 14416287 Classification-JEL: M41, M42 Keywords: Audit adjustments; Pre-audit financial statements; Earnings quality; Accounting misstatements Handle: RePEc:sek:iefpro:14416287 Template-Type: ReDIF-Paper 1.0 Author-Name: Julia Taferner Author-Name-First: Julia Author-Name-Last: Taferner Author-Email: julia.taferner@uni-graz.at Author-Workplace-Name: University of Graz Title: AI-Based Business Models: Leveraging Artificial Intelligence for Organizational Growth Abstract: This research paper addresses the use of artificial intelligence (AI) in startup ecosystems, focusing on the impact on growth strategies as well as clarifying expansion opportunities and barriers. Utilizing a qualitative methodology, the study conducts an in-depth analysis of diverse startup scenarios to unravel the complexities of AI integration. It categorically differentiates between 'purist' and 'pragmatist' paradigms of AI application.The empirical results of this investigation underscore the central role of AI in fostering sustainable corporate advancement. Specifically, AI is found to catalyze growth opportunities, with a significant increase in productivity and operational efficiency, while providing better opportunities to secure financing through private equity and public funding mechanisms. However, the advantageous impacts of AI are moderated by several challenges, most notably the substantial resource allocation required for its implementation.This contribution is significant to the scholarly discourse by articulating the distinct methodologies of 'purist' versus 'pragmatist' AI implementation in the context of startups, providing a holistic perspective on the ensuing opportunities for growth and the associated challenges. This nuanced exploration extends the existing academic discourse by shedding light on the strategic incorporation of AI within startup environments.However, the applicability of the study's conclusions is acknowledged to be confined to certain startup settings, suggesting a potential limitation in their generalizability across broader business landscapes. The study points a way forward for future research to assess the relevance of these insights in varied organizational contexts.From a practical perspective, the findings from this research endeavor can serve as a strategic guide for startups considering the integration of AI, enabling a calibrated approach to leveraging growth opportunities while navigating the attendant challenges. Furthermore, this study highlights the transformative impact of AI on venture growth strategies, implies extensive implications for economic proliferation and job creation within the technological sector. Length: 9 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 140-148 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=010&rid=16262 File-Function: First version, 0000 Number: 14416262 Classification-JEL: L26, O32, M13 Keywords: Artificial Intelligence (AI); Startup Ecosystems; Growth Strategies Handle: RePEc:sek:iefpro:14416262 Template-Type: ReDIF-Paper 1.0 Author-Name: Victor Vasnetsov Author-Name-First: Victor Author-Name-Last: Vasnetsov Author-Email: v.v@cambridge-research.org.uk Author-Workplace-Name: EnviroJusticePR Research Center, Puerto Rico / Cambridge Center for International Research Author-Name: Siona Pramoda Author-Name-First: Siona Author-Name-Last: Pramoda Author-Email: s.pramoda@envirojusticepr.org Author-Workplace-Name: EnviroJusticePR Research Center Author-Name: Isabella Muradyan Author-Name-First: Isabella Author-Name-Last: Muradyan Author-Email: Isabella.m@envirojusticepr.org Author-Workplace-Name: EnviroJusticePR Research Center Author-Name: Meghna Pramoda Author-Name-First: Meghna Author-Name-Last: Pramoda Author-Email: meghna_pramoda@harvard.edu Author-Workplace-Name: Harvard University Author-Name: Catherine Vasnetsov Author-Name-First: Catherine Author-Name-Last: Vasnetsov Author-Email: k.vasnetsov@envirojusticepr.org Author-Workplace-Name: EnviroJusticePR Research Center Author-Name: Mariam Muradyan Author-Name-First: Mariam Author-Name-Last: Muradyan Author-Email: v.v@cambridge-research.org.uk Author-Workplace-Name: George Washington University, Washington D.C. Author-Name: Constantine Svoronos Author-Name-First: Constantine Author-Name-Last: Svoronos Author-Email: v.v@cambridge-research.org.uk Author-Workplace-Name: EnviroJusticePR Research Center Author-Name: Ksenia Romanov Author-Name-First: Ksenia Author-Name-Last: Romanov Author-Email: v.v@cambridge-research.org.uk Author-Workplace-Name: Florida State University Title: Comparative Analysis of Environmental Justice in US Hispanic Communities of Puerto Rico and New Mexico State Abstract: Environmental Justice (EJ) seeks to uncover the disproportionate distribution of environmental harm among ethnic/racial minorities and low-income groups. This paper compares the state of EJ in the Commonwealth of Puerto Rico (PR) to the state of New Mexico (NM). The two states have similar populations (3.2 and 2.1 million residents, respectively) and the USA's highest percentage of Hispanic-origin residents (49.9% in NM and 98% in PR).Previous economic research has found links between ethnicity and exposure to toxic environmental factors that harm human health. However, no studies were conducted to compare PR to other US states with a large Hispanic population. PR is a unique subject for EJ analysis for several reasons: it is large, ethnically homogeneous (98% Hispanic), geographically autonomous, and has a high level of poverty. Although PR is subject to strict environmental compliance regulations in the United States, enforcement may be less effective. Our analysis reveals that the Puerto Rican population has been more adversely impacted by environmental pollution than the majority of Hispanic districts in the southern United States, with a greater impact on Health Equity. Overall, the findings confirm that geospatial factors (rural residence) and socioeconomic status challenges have a greater negative impact on majority-Hispanic communities. The majority of Hispanic areas in New Mexico suffer from high median diabetes prevalence and socioeconomic challenges that are significantly higher than the US average. Length: 12 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 149-160 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=011&rid=16261 File-Function: First version, 0000 Number: 14316261 Classification-JEL: Q53, Q56 Keywords: Environmental justice; Health disparities, Hispanics, Race/Ethnicity Handle: RePEc:sek:iefpro:14316261 Template-Type: ReDIF-Paper 1.0 Author-Name: Fengqi Xie Author-Name-First: Fengqi Author-Name-Last: Xie Author-Email: fengqi.xie.bsu@gmail.com Author-Workplace-Name: Tomsk State University Author-Name: Marina V. Ryzhkova Author-Name-First: Marina V. Author-Name-Last: Ryzhkova Author-Email: marybox@inbox.ru Author-Workplace-Name: Tomsk State University / Tomsk Polytechnic University Title: Central Bank Digital Currency and Cash: Choice Based on Baumol's Theory Abstract: With the rapid growth of the digital economy, digital currency has emerged as a prominent area of research. Central Bank Digital Currency (CBDC), issued by the central bank and backed by its liability, has garnered significant attention. This article builds upon Baumol's money demand theory to conduct an extensive analysis of the factors influencing the choice between cash and CBDC, as well as the selection of currency usage. It finds that the decision to adopt either cash or CBDC is often driven by the lower holding costs associated with the latter. Additionally, various factors such as public perception, government policies, and social acceptance contribute to the prolonged coexistence of cash and CBDC. Although CBDC in their current state may not completely replace traditional currencies, they are projected to have a substantial impact on the future of financial transactions. Length: 12 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 161-172 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=012&rid=16317 File-Function: First version, 0000 Number: 14416317 Classification-JEL: Keywords: Digitalization, central bank digital currency, CBDC, cash, Baumol's money demand theory Handle: RePEc:sek:iefpro:14416317 Template-Type: ReDIF-Paper 1.0 Author-Name: M Yamin Author-Name-First: M Author-Name-Last: Yamin Author-Email: yamin@unsri.ac.id Author-Workplace-Name: Universitas Sriwijaya Author-Name: Eka Mulyana Author-Name-First: Eka Author-Name-Last: Mulyana Author-Email: emulyana@unsri.ac.id Author-Workplace-Name: Universitas Sriwijaya Author-Name: Dini Damayanthy Author-Name-First: Dini Author-Name-Last: Damayanthy Author-Email: damayanthy@fp.unsri.ac.id Author-Workplace-Name: Universitas Sriwijaya Author-Name: Amin Rejo Author-Name-First: Amin Author-Name-Last: Rejo Author-Email: aminrejo@unsri.ac.id Author-Workplace-Name: Universitas Sriwijaya Author-Name: Shendy Y. Heartiana Author-Name-First: Shendy Y. Author-Name-Last: Heartiana Author-Email: shendyyh@gmail.com Author-Workplace-Name: Universitas Sriwijaya Title: ADOPTION LEVEL OF RICE FARMING TECHNOLOGY ON SWAMP LAND IN INDONESIA Abstract: Improved agricultural technology adoption has the potential to increase the productivity of rice and maximize profit farming. However, the farmers who cultivate swamp land have many limitations to adopting all of the rice technology. The aims of this study were (1) to analyze, and its impact on productivity and (2) to analyze the influence of socio-economic characteristics on the level of technology adoption of rice farming in swampy land. The sampling method used was the simple random sampling method, and data was collected through direct interviews with 90 rice farmers. The collection of data used includes primary and secondary data. Processing data using simple linear regression and multiple regression. The results showed that farmers had adopted technology in the form of tractors, organic fertilizers, inorganic fertilizers, pesticides, combined harvesters, superior varieties of seeds, and rice threshing machines. The level of technology adoption is in the high category. There is Pattern A (tractor, organic fertilizer, chemical fertilizer, insecticide, HYV, combine harvester) which has a proportion of farmers of 62.2% and a productivity of 3,187 kg/ha. The variables age, education level, land area, experience, income, interaction with extension workers, availability of facilities and infrastructure, and institutional roles all affect the adoption rate. Farmers should own or raise livestock such as goats or cows. To be able to adopt organic fertilizer technology that can increase productivity by Pattern C (tractor, organic fertilizer, chemical fertilizer, insecticide) with low variable costs. Length: 16 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 173-188 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=013&rid=16219 File-Function: First version, 0000 Number: 14416219 Classification-JEL: A10, A14, A19 Keywords: rice farming, productivity, swamp land, technology, adoption. Handle: RePEc:sek:iefpro:14416219 Template-Type: ReDIF-Paper 1.0 Author-Name: Mikulá? Zeman Author-Name-First: Mikulá? Author-Name-Last: Zeman Author-Email: mikulas.zeman@vse.cz Author-Workplace-Name: Prague University of Economics and Business Title: The Analysis of Macroeconomic Development of the United Kingdom before Brexit Abstract: The paper analyzes strengths, weaknesses, opportunities, and threats of the UK's economy from 2000 to 2018 - in the period before Brexit. The method of research is the comparison with the average of OECD, Eurozone members and with other countries. Results of the analysis are stated in SWOT matrix. As the strong sides of the UK's economy were identified: stable and attractive currency, high final consumption of households an NPISH's, low unemployment rate, macroeconomic stability, large market size, low corruption rate, responsive fiscal and monetary policy, effectiveness in collecting taxes, growth in labor productivity exceeds growth in real wages. As the weak sides of the UK's economy were identified: low security rate, quality of road infrastructure, low number of innovative companies, high tax on personal income, high tax on property, slow growth in labor productivity, large government debt. Length: 15 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 189-203 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=014&rid=16215 File-Function: First version, 0000 Number: 14416215 Classification-JEL: E00, F01, H00 Keywords: competitiveness; Brexit; SWOT analysis; United Kingdom; European Union Handle: RePEc:sek:iefpro:14416215 Template-Type: ReDIF-Paper 1.0 Author-Name: Hongjuan Zhang Author-Name-First: Hongjuan Author-Name-Last: Zhang Author-Email: zhanghongjuan@nuaa.edu.cn Author-Workplace-Name: Nanjing University of Aeronautics and Astronautics Title: Assessing agro-food waste valorization challenges and solutions considering smart technologies: an integrated Fermatean fuzzy multi-criteria decision-making approach Abstract: With the growth of worldwide population and depletion of natural resources, the sustainable development of food system can?t be ignored. The demand for agri-food waste valorization practices like high-value compounds production has received widespread attention; however, numerous challenges still exist. The present study aims to identify those challenges of agri-food waste valorization and propose effective solutions based on smart technologies. Based on a systematic literature review, the study combs existing challenges of agri-food waste valorization and constructs a six-dimension conceptual model of agri-food waste valorization challenges. Moreover, the study integrates Fermatean fuzzy set (FFS) with multi-criteria decision-making (MCDM) methods including Stepwise Weight Assessment Ratio Analysis (SWARA), Decision-making Trial and Evaluation Laboratory-Interpretative Structural Modeling Method (DEMATEL-ISM), and Quality Function Deployment (QFD) to evaluate the weights of each dimension, find causal interrelationships among the challenges and fundamental ones, and rank the potential smart solutions. Finally, the results indicate the "Government" dimension is the severest challenge and point out five primary challenges in agri-food waste valorization. Besides, the most potential smart solution is the ?Facilitating connectivity and information sharing between supply chain members(S8)?, which may help government and related practitioners manage agri-food waste efficiently and also facilitate circular economy. Length: 37 pages Creation-Date: 0000-00 Publication-Status: Published in Proceedings of the Proceedings of the International Conference on Economics, Finance & Business, Paris, Nov -0001, pages 204-240 File-URL: https://iises.net/proceedings/international-conference-on-economics-finance-business-paris-2024/table-of-content/detail?cid=144&iid=015&rid=16198 File-Function: First version, 0000 Number: 14416198 Classification-JEL: Keywords: agri-food waste valorization; smart technology; Fermatean fuzzy set; SWRAR; DEMATEL-ISM; QFD Handle: RePEc:sek:iefpro:14416198