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Journal articles on the topic 'Lithuanian economy'
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1
Mezhevich, Nikolay M., and Nikita M. Senik. "MIGRATION ATTITUDES OF THE LITHUANIAN POPULATION DURING THE COVID-19 PANDEMIC." Scientific Review. Series 2: Human Science, no. 3 (2021): 72–79. http://dx.doi.org/10.26653/2076-4685-2021-3-07.
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The article analyzes some results of the international migration of the Lithuanian population in the context of European integration. During the post-Soviet period, irreversible transformations of the country's economic system have taken place. With the accession to the EU, a significant part of the population is oriented towards work in other EU countries, as a result, the quality of labor potential in modern Lithuania is decreasing. Young people do not see any special career prospects in their country. The slowdown in European integration processes, compounded by the restrictions of the coronavirus pandemic, triggered the return of a significant part of previously emigrated Lithuanian citizens to their homeland in 2020. Stopping the flow of money from EU funds to reform the economy and support public institutions in Lithuania will significantly exacerbate the systemic problems of the Lithuanian economy that accumulated during the post-Soviet period of development. It is highly likely that returning Lithuanians will not be able to fulfill their expectations in the labor and social sphere, which will provoke tension in Lithuanian society. In this situation, Russia's constructive policy towards Lithuania could create an alternative to the European vector of development, reorienting the migration preferences of the younger generation of Lithuanians from the West to the East.
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Binkauskas, Gintaras. "INTERNAL AND EXTERNAL FACTORS THAT DETERMINED INNOVATION DIFFUSION CHANNELS IN LITHUANIA." Ekonomika 88 (January 1, 2009): 90–105. http://dx.doi.org/10.15388/ekon.2009.0.1033.
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The prevailing opinion in Lithuania is that the country‘s economic growth was determined by the inflow of foreign direct investments (FDI). Their influence on the Lithuanian economy remains unquestionable, however, there is a tendency to overestimate their impact, while otherfactors are under-estimated or ignored completely when conclusions on their influence on the country‘s economy are drawn. Based on the data of the Department of Statistics of Lithuania, Eurostat, other agencies and the analysis of the research of Lithuanian and foreign academics on FDI, and the impact of the innovations on the country‘s economy, the given study presents the analysis of the three main channels for the technological and innovation diffusion, which have exercised a decisive influence on the economic development in Lithuania over the last decade. They are foreign direct investments, international trade, and the country‘s knowledge capital. These diffusion channels were considerably important in the transition period, however, the creation of original knowledge and innovations, or the creative application of the technology created in other countries and application of the knowledge gained abroad was utilised least. In Lithuania,, the creation and adoption of extended modifying innovations and technologies was dominant in terms of innovation modes, while the strategic innovations were created by only 1 percent of Lithuanian enterprises . A comparative analysis of surveys, statistical data, and academic studies was conducted and lead to the conclusion that the main technology and innovation diffusion channel, as well as the main driving force behind Lithuania‘s economy during the transitional period of 1996–2007 was neithert FDI nor the scientific potential of the country, but rather the international trade. In addition, the data suggests that the country‘s scientific potential was ill-prepared for the changes brought on by globalisation and had a very weak impact on the growth of the Lithuanian economy and the economy‘s technological and innovational reorientation, which led to the enterprises searching for other possible sources of innovation. The model for the creation of innovation eacompassing state institutions, the science community and enterprises was not functional during the said period in Lithuania.
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Vaiciukevičiūtė, Agnė, Jelena Stankevičienė, and Nomeda Bratčikovienė. "HIGHER EDUCATION INSTITUTIONS’ IMPACT ON THE ECONOMY." Journal of Business Economics and Management 20, no. 3 (April 26, 2019): 507–25. http://dx.doi.org/10.3846/jbem.2019.10156.
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Despite the strong public interest in the accountability and efficiency in education spending on higher education institutions (HEIs) in Lithuania, there are currently no existing studies which have examined the impact of HEIs on the country’s economy. In the present study, we have used a disaggregated input-output table for Lithuania’s tertiary education institutions in order to determine the output value added to the local economy by the presence of HEIs. The results of the study have revealed that HEIs contribute to the Lithuanian economy in the period of (2010–2016), with the average of gross domestic output (GDP) of 298.48 mln. euros. The present study is the first of its kind to use input-output table evaluate the impact of HEIs on Lithuania’s economy, and its results could be of significant value to the current policy debates regarding the status of higher education in Lithuania.
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Černikovaitė, Miglė, and Žaneta Karazijienė. "Social-economic effects of the COVID-19 pandemic in Lithuania." SHS Web of Conferences 92 (2021): 01006. http://dx.doi.org/10.1051/shsconf/20219201006.
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Research background: COVID-19 pandemic became the global issue in today’s world. Due to the globalized world, the virus had a possibility to spread across the globe and infect people from different nations and continents. However, COVID-19 pandemic is the consequence of globalization that has tremendous social-economic outcomes around the globe. COVID-19 also induced the panic in mass media and governments adopted new policies and precautions in order to minimize the damage and spread of this virus. However, due to the government restrictions, the consumer behavior also had a drastic change and influenced the economy as a whole. Purpose of the article: To investigate the social-economic effects of COVID-19 pandemic in Lithuania. Methods: scientific literature analysis, statistical analysis of secondary data and comparative analysis. Findings & Value added: People are well informed about the COVID-19 pandemics in Lithuania. Thread of COVID-19 was seen as real and Lithuanians were in panic that affected their behaviour on purchasing consumer goods and services. Lithuanian economic sectors were affected differently. However, Lithuania has a mild social-economic effects of COVID-19, were more concerned about global issues related to the virus (spreading globally and in Europe, impact on economy and etc.) and less about personal, local and national issues (closure of Lithuanian borders, closure of schools and universities, crisis in tourism and other sectors).
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Viederyte, Rasa. "Lithuanian Maritime Sector's Economic Impact to the Whole Lithuanian Economy." Procedia - Social and Behavioral Sciences 143 (August 2014): 892–96. http://dx.doi.org/10.1016/j.sbspro.2014.07.512.
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Grublienė, Violeta. "LITHUANIAN CLUSTER OF SEA ECONOMICS – INSTRUMENT OF SUSTAINABLE REGIONAL DEVELOPMENT." Business, Management and Education 8, no. 1 (December 20, 2010): 66–78. http://dx.doi.org/10.3846/bme.2010.05.
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The article analyses problems of cluster’s formation in Lithuania. The reasons why clusters in Lithuania are evolving slowly are described in this article. Also cluster’s development process in a logical sequence is submitted. The article accented that the Lithuanian cluster’s policy principles should assess the specific Lithuanian conditions, the positive foreign experience and strategic objectives of competitiveness.Lithuanian status of fisheries sector is estimated. Also the main problems in this sector are named: complexity of management, decreasing of fishing quota, shorter season of cod fishing, economic problems. The article made assumptions that the clustering process should ensure more sustainable development of the sector, a new operational quality creating the ability to compete at lower prices and innovation. Also it was emphasized that clustering processes should assess such factors as: sector’s culture, competitive opportunities and sustainable development of the region.During formation of this cluster it is recommended to assess the fisheries sector as the component of Lithuanian maritime economy. Lithuanian maritime cluster should be developed allowing for common features inherent in clusters, assessing sustainable development principles of the sector. In this way Lithuanian maritime cluster combines not only the fisheries sector but also the activities characterized by Lithuanian maritime economy.
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Morkūnas, Mangirdas. "Exploring the potential for enhancing export of agricultural products of Lithuanian origin." Contemporary Research on Organization Management and Administration 6, no. 1 (June 30, 2018): 13–22. http://dx.doi.org/10.33605/croma-012018-002.
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Purpose – the main purpose of this scientific paper is to reveal the potential of agricultural products of Lithuanian origin to compete in ever-growing international market for Western style food. Design/methodology/approach –The methods of research employed are as follows: analysis of a scientific literature, analysis of a statistical data, correlation analysis and small sample interview. Findings – International trade in agricultural products is one of the most competitive sectors of national economy providing a substantial surplus to foreign payments balance. One of potential export facilitators of agricultural products of Lithuanian origin are businessman, engaged in re-export of agricultural products from Lithuania. The ability of Lithuanina agricultural producers to sell their production in the World market is lower than in other similar EU countries. Research limitations/implications – the research provides insights, on how it could be possible to facilitate export of agricultural products of Lithuanian origin. In order to get clear directions what steps should be taken, there is a need for further researches. Practical implications - new approach of increasing export of agricultural products of Lithuanian origin is presented. Originality/Value – The paper provides new insights on Lithuanian international trade in agricultural products. Keywords: intra-industry trade, export, agricultural products, Lithuania. Research type: viewpoint. JEL classification: F14 - Empirical Studies of Trade.
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Narbuntaitė, Emilija, and Agnė Ramanauskaitė. "The assessment of shadow economy in Lithuania." Buhalterinės apskaitos teorija ir praktika, no. 15A (July 9, 2014): 149–61. http://dx.doi.org/10.15388/batp.2014.15a.12.
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In the scientific literature the shadow economy is defined as complex phenomena. The existence of it is determined by various causes and factors and the main purpose of this paper is to describe the meaning of shadow economy and estimate the size of it in Lithuania. The main tasks of this paper are to analyse the main conception of shadow economy, to present alternative methodologies for measuring the shadow economy, to analyse the level of shadow economy in Lithuania and disclose the main causes of it. The first part of the paper analyses the main conception of shadow economy. There are various points of view describing the definition of shadow economy and it depends on the main point of research. In this paper it is used the economical point of view. The second part of the paper presents the alternative methodologies for measuring shadow economy. There are various methods assigned to direct, indirect and factorial groups. Finally, in the third part of the paper it is presented the results of other authors’ researches of Lithuanian shadow economy. According to them, the rate of Lithuanian shadow economy fluctuates between 17-33.8% of gross domestic product. The most important Lithuanian shadow economy causes are too big tax burden, gaps in legislation, distrust and dissatisfaction of government.
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Galiniene, Birute, Albinas Marčinskas, and Steponas Deveikis. "THE PROFESSIONAL AND ETHICAL POTENTIAL OF LITHUANIAN PROPERTY VALUERS." International Journal of Strategic Property Management 9, no. 1 (March 31, 2005): 43–50. http://dx.doi.org/10.3846/1648715x.2005.9637525.
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Lithuania is a small developing market economy which inherited the specific soviet economic structure and so‐called “homus sovieticus” mentality which excluded a possibility for business of property valuation. Within a historically short period of time Lithuania moved from the closed soviet economic area into the area of global economy, which presented different business valuation criteria. Taking the above into account, let us evaluate the professional and ethical potential of Lithuanian property valuers, who have played and will be playing a significant role in the country's economic development, and see whether this potential will enable them to become full‐fledged members of the Western property valuers’ community.
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Tvaronavičiene, Manuela, and Romualdas Ginevičius. "ANALYSIS OF FOREIGN DIRECT INVESTMENTS AND ITS’ IMPACT ON RESTRUCTURING OF LITHUANIAN ECONOMY." Journal of Business Economics and Management 4, no. 3 (September 30, 2003): 184–97. http://dx.doi.org/10.3846/16111699.2003.9636053.
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The paper deals with foreign direct investments (FDI) in Lithuania. An issue of priority is to determine if inflow of foreign capital in all cases contributes sufficiently to development of national economy. Investigation of controversial impact of FDI on Lithuania is based on theories presented by concise review of the literature examining the role of FDI in transition economies. The detailed analysis of FDI directed to different sectors of Lithuanian economy let to determine cases when globalization retards economic development of host country.
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Giedraitis, Vincentas R., Tom Notten, and Aušra Rastenienė. "BUSINESS CLUSTERS AND THE POTENTIAL OF THE BIOTECHNOLOGY SECTOR IN LITHUANIA." Ekonomika 87 (January 1, 2009): 81–89. http://dx.doi.org/10.15388/ekon.2009.0.1044.
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What are the unique circumstances that allow innovations in an economy to take hold and mature into productive business sectors? We pose the given question in our discussion of the uncommonly favorable circumstances surrounding the biotechnology sector in Lithuania. The purpose of this paper is to analyze Lithuania’s ability to expand its economy during a time of crisis, focusing on its unique ability to innovate in such sectors as biotechnology.Our primary hypothesis is as follows: Lithuanian biotechnology sector is expanding because business clusters have been established. Drawing upon Schumpeter’s ideas of innovation and Porter’s business cluster theory, we argue that Lithuania is “at the right place and the right time” to make itself a regional leader in biotechnology. We draw upon the world-systems theory to argue that biotechnology is one means whereby Lithuania can rise in the global core-periphery hierarchy.
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Srovnalíková, Paulína, Evelina Semionovaitė, Edita Baranskaitė, and Daiva Labanauskaitė. "Evaluation of the Impact of Sharing Economy on Hotel Business." Journal of Tourism and Services 11, no. 20 (June 30, 2020): 150–69. http://dx.doi.org/10.29036/jots.v11i20.145.
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The sharing economy is growing in the hotel industry very fast. The study is important for the hotel’s management - strategy formulation. The aim of this research is to evaluate the sharing economy effect on hotels in Lithuania. Correlation and regression analysis methods were used for achieving the aim. The study analyses if the sharing economy has caused any impact on accommodating tourists at hotels, hotels income from accommodation services, and room occupancy rate. Results reveal a positive relationship between the sharing economy and all investigated indicators of hotel activities, thus indicating that the hotel business is growing together with the sharing economy. The hotels' sector in Lithuania has continued to grow while more and more hosts and consumers joined the sharing economy. Results imply that the sharing economy is not a competitor for the Lithuanian hotels business as the sharing economy targets different tourist segment, moreover the market is capacious for both segments. Sharing economy in the accommodation sector – a niche with its own customer group. The research results are important for making correct decisions in the Lithuanian tourism industry as other researches in other countries show a negative impact on the sharing economy on the hotels' sector. The rapid growth of the sharing economy in Lithuania may oblige hotels to focus on the sharing economy and consider further actions.
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Baužytė, Inga, and Karina Kučaidze. "THE IMPORTANCE OF COMPETITION POLICY IMPLEMENTATION IN A SMALL ECONOMY: THE CASE OF THE LITHUANIAN FUEL TRADE MARKET." Ekonomika 90, no. 1 (January 1, 2011): 53–72. http://dx.doi.org/10.15388/ekon.2011.0.956.
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The paper deals with the importance of competition policy implementation in a small market economy. The Lithuanian fuel trade market has been chosen for the analysis. To ensure that the fuel trade market is working efficiently and is fairly priced is one of the key priorities for the government of Lithuania. Competition policy plays an essential part in the country’s economy. Therefore, in order to understand the characteristics of small market economy and how competition policy is working in such market conditions, it is neassary to realize the complexity of the analysis. The paper offers a brief theoretical overview of the specifications of competition policy in a small market economy, together with a thorough interpretation, empirical research and discussion of the Lithuanian fuel trade market.
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Gylys, Povilas. "THE MACROECONOMIC POLICY TRAP: LITHUANIAN CASE." Ekonomika 88 (January 1, 2009): 33–51. http://dx.doi.org/10.15388/ekon.2009.0.1037.
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Macroeconomic policy is a major factor of country’s wellbeing. It could be a catalist of the economic growth and could have detrimental impact on the economy. In other words, it may be both public good and public evil. The gist of the given article is to show how cognitive, fiscal and monetary factors influenced Lithuanian economy in both pre-crisis and crisis periods.p>
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Urbšienė, Laimutė, Rūta Monkevičiūtė, and Urtė Navikaitė. "ANALYSIS OF THE ATTRACTIVENESS AND COMPETITIVENESS OF THE SECURITIES MARKET IN LITHUANIA." Ekonomika 93, no. 3 (January 1, 2014): 116–40. http://dx.doi.org/10.15388/ekon.2014.0.3880.
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The importance of attractiveness and competitiveness of the Lithuanian stock market has significantly increased in the recent years due to its influence on the capital market as well as on its participants and the economy of the whole country. This article aims to evaluate the attractiveness and competitiveness of Lithuania’s securities market by using a quantitative analysis. It has aimed to define the statistically significant relationship between market attractiveness and competitiveness and the number of listed companies, cross listing, liquidity and trade volumes. The quantitative analysis has provided arguments to conclude that securities market in Lithuania currently is not attractive either from the point of capital supply or from the point of capital demand. In addition, the securities market in Lithuania lacks competitiveness among other markets.
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Dudzevičiūtė, Gitana, Alminas Mačiulis, and Manuela Tvaronavičienė. "STRUCTURAL CHANGES OF ECONOMIES: LITHUANIA IN THE GLOBAL CONTEXT." Technological and Economic Development of Economy 20, no. 2 (June 27, 2014): 353–70. http://dx.doi.org/10.3846/20294913.2014.915597.
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Structural economic change theory focuses on the process through which economic structures have been transformed from traditional agriculture economy to more modern and industrially diverse manufacturing and service ones. The purpose of this paper is to detect the pattern of structural changes of the Lithuanian economy and to evaluate it in the global context. Structural economic statistics of the countries provide a view of a particular year delivered by indicator of the level of output in a considered sector of selected country’s economy. Research methodology is based on the classic three-sector model, which involves structural changes’ assessment methods and comparative analysis of statistical data on economic structures. The main findings reveal peculiarities of the structural change tendencies of the Lithuanian economy in the global context. First of all, the economies of selected countries are being analyzed from the point of view of three-sectoral divisions, such as agriculture, industry and services; the authors highlight the main tendencies of global economy taken by regions. After further in-depth analysis of the Lithuanian economic structural changes’ assessment in the context of the other countries (regions) has been carried out and new evidence on patterns of structural change has been provided, concluding remarks have been formulated. Authors provide insights about peculiarities of Lithuanian economy’s structural changes, which could potentially lead to respective policy implications, ultimately aiming acceleration of economic development.
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Rudžinskienė, Rasa, and Lina Paulauskaitė. "Lietuvos gyventojų emigracijos priežastys ir padariniai šalies ekonomikai." Socialinė teorija, empirija, politika ir praktika 8 (January 1, 2014): 62–78. http://dx.doi.org/10.15388/stepp.2014.0.2661.
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Šiaulių universitetas,Vilniaus g. 88, ŠiauliaiEl. paštas: linapaulauskaite89@gmail.com Straipsnyje teoriniu ir praktiniu aspektu analizuojami Lietuvos gyventojų emigracijos procesai, priežastys ir padariniai Lietuvos ekonomikai. Pateiktos migracijos, emigracijos, reemigracijos, transmigracijos sąvokos. Įvardyti veiksniai, lemiantys sprendimą emigruoti. Atlikta emigracijos masto analizė. Ji atskleidė, kad 2001–2012 m. (įvertinus ir nedeklaruotos emigracijos mastus) iš Lietuvos išvyko beveik 500 tūkst. asmenų. Nurodytos pagrindinės Europos emigracijos tikslo šalys: Jungtinė Karalystė, Airija, Vokietija, Norvegija, Ispanija. Atlikta anketinė apklausa leido įvardyti pagrindinius motyvus, lėmusius sprendimą išvykti iš Lietuvos, sudarytas hipotetinis Lietuvos emigranto portretas, kuris atskleidžia pagrindinius išvykstančio asmens bruožus.Pagrindiniai žodžiai: emigracija, Lietuvos gyventojai, padariniai, ekonomikaReasons for Emigration and Its Consequences for Lithuanian Economy Rasa Rudžinskienė, Lina Paulauskaitė Summary The international emigration process, its reasons and consequences for the Lithuanian economy are analyzed in this article. The concepts of migration, emigration, transmigration have been identified in this article. An analysis of the migration extent has also been done. This analysis has revealed that almost 500 thousand people (evaluated as emigrants who have and have not declared their departure) have gone out from Lithuania during the period 2001–2012. The main emigration destination countries are named in the article. These countries are the United Kingdom, Ireland, Germany, Norway, and Spain. The quantitative research of emigrants is presented in the article in order to characterize the most important reasons for emigration as well as to create the hypothetical portrait of Lithuanian emigrants, which helps to identify the main features of Lithuanian emigrants. Key wors: emigration, Lithuanian people, consequences, economy
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Tendziagolskytė, Dalia, and Rimantas Rudzkis. "Econometric Modelling of Lithuanian Labour Market." Lietuvos statistikos darbai 53, no. 1 (December 20, 2014): 40–52. http://dx.doi.org/10.15388/ljs.2014.13893.
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Lithuanian labour market indicators, such as the total number of employees, the number of employees in the private and public sectors, the number of the unemployed, labour force, employment and unemployment rates, the relative number of employees, average monthly gross income are analysed in the paper. The experience of foreign countries and Lithuania in creating labour market models and econometric methodology has been examined. As a result, a new model of the Lithuanian labour market is produced, comprising five regressive equations, which are part of the recursive SVAR model, and four identities, which are part of balance equations. According to the logic of economic and other research, relevant connections in the economy have been specified, unknown parameters of equations have been estimated. Finally, forecasts of endogenous indicators for 2014 have been provided, and results have been compared with the projections of the main labour market indicators for 2014−2017, published by the Ministry of Finance. Calculations have been made using a statistical package Gretl.
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Bankauskaitė, Gabija. "Respectus Philologicus, 2009 Nr. 15 (20)." Respectus Philologicus, no. 20-25 (April 25, 2009): 1–283. http://dx.doi.org/10.15388/respectus.2009.20.
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CONTENTS
I. PROBLEMS AND SOLUTIONSJoanna Korzeniewska-Berczyńska (Poland). The Communicational Aspect of Polish Political Discourse...11Oleg N. Grinbaum (Russia). The Plot Heralds or Harmony and Metaphor in the Development of the Novel Evgenij Onegin by Pushkin...20Virginija Jurėnienė (Lithuania). Lithuanian Women’s Aspirations for Presidency ... 34
II. FACTS AND REFLECTIONSIosif Sternin (Russia). The Basic Types of Speech Cultures in Modern Society ...44Hanna Mijas (Poland). A New Approach to Translating Culture in Subtitling ...53Audronė Rimkutė (Lithuania). Cultural Industries and Cultural Policy: Traditional Relation and New Challenges ...62Pavel Solovyov (Belarus). Language Picture of the World in Adjectival Figurative Comparisons ...76Natalia V. Kovtun (Russia). Russia of the “Post Square” Epoch. (On the Issue of Poetics in the Novel Kish by T. Tolstoy) ...85Izolda Gabrielė Geniušienė (Lithuania). Indeterminacy and the Search for Meaning in Geoffrey Hill’s Poetry ...99Jerzy Szczepański (Poland). The Poet and the Period – Some Aspects of the Life and Work of Franciszek Karpiński (1741–1825) ...109Natalia V. Yudina (Russia). On the Reflection of the Ethnic Stereotypes in the Mirror of the Russian Language ...121Michał Łuczyński (Poland). Czech in the Pole’s Eyes – About the Reconstruction of the Stereotype ...134Liudmila Arcimavičienė (Lithuania). ECONOMY Metaphors: What Associated Conceptions Underlie Lithuanian Business? ...143Dorota Połowniak-Wawrzonek (Poland). Interpretation of THE METAPHOR PROCESSES RELATED TO HUMAN ORGANISM AS (ARMED) FIGHT, which Appears in Modern Polish Phraseology ...154Daiva Aliūkaitė (Lithuania). Perceptual Analysis of the Dialectal Discourse: Mental Map ...164Indrė Brokartaitė-Pladienė (Lithuania). Rendering German Coinages in the Newspaper „Naujasis Tilžės Keleivis“ (1924–1940) ... 180Jūratė Čirūnaitė (Lithuania). Names of the Volyne Nobility in the 16th Century ...192Danutė Balšaitytė (Lithuania). Vowel [ы] in Russian Speech of Lithuanians ...202
III. OPINIONOlga V. Zernetskaja (Ukraine). Global Satellite News Networks: The Beginning of the 21st Century ...210
IV. OUR TRANSLATIONS
Brigitte Peucker (USA). The Castrato’s Voice: Fassbinder’s In a Year of Thirteen Moons. Translated by Natalija Arlauskaitė ...220
V. SCIENTIFIC LIFE CHRONICLEConferences, eventsAnatolij Kruglashov (Ukraine, Lithuania). Ukraine-Belarus-Poland-Lithuania: Recultivation of the Intellectual Space ...230Viktorija Makarova (Lithuania). Patrick Seriot’s Lectures in Vilnius ...238Books reviewsGabija Bankauskaitė-Sereikienė (Lithuania). Tekstai ir kontekstai: transformacijų sklaida. 1 volume. 2008...241Saulutė Juzelėnienė, Daiva Aliūkaitė (Lithuania). Tekstai ir kontekstai: transformacijų sklaida. 2 volume. 2008...244Oleg Perov (Lithuania). Lithuanian non Lithuanian – Evgenij Shkliar. ЛАВРИНЕЦ, Павел, 2008. Евгений Шкляр. Жизненный путь скитальца ...246Skirmantė Biržietienė (Lithuania). BANKAUSKAITĖ-SEREIKIENĖ, Gabija, 2008. Oratorystės menas. Mokomoji knyga humanitarinių ir socialinių mokslų studentams ...250Vilnius University Kaunas Faculty of Humanities: journal of scientific lifeJūratė Svičiulienė (Lithuania). Cultural Industries: Challenges and Perspectives ...253Daiva Aliūkaitė, Jadvyga Krūminienė (Lithuania). “Texts and Contexts: Interactive Perspectives“ or the Days of the Humanities at VU KHF ...255Vytautė Pasvenskienė (Lithuania). TEXT Interface ...258Daiva Aliūkaitė, Gabija Bankauskaitė-Sereikienė (Lithuania). Seminars on Literature and Linguistics at VU KHF ...261Letters to the Editorial Board ...265
Announce...266
VI. REQUIREMENTS FOR PUBLICATION...268VII. OUR AUTHORS...276
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Remeikienė, Rita, and Ligita Gasparėnienė. "Assessment of the impact of emigration on the origin economy." Business: Theory and Practice 20 (April 4, 2019): 187–95. http://dx.doi.org/10.3846/btp.2019.18.
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Our article concentrates to the main aim – to assess the impact of emigration on an origin economy. This topic was chosen because the theoretical research has disclosed that the positive impact of emigration usually manifests through monetary transfers to a native country while the negative impact mainly emerges as a reduction in the labour force, which, in its turn, causes deterioration of a country’s demographic and economic situation. It has been found that the growing flows of emigration significantly reduce Lithuanian population and cause “brain drain”. High emigration rates also have a negative impact on Lithuanian national economy, in particular, its unemployment rate (the opposite effect). To reduce the rates of emigration from the country, Lithuania must develop and improve such ALPM’s elements as combination of work and dual vocational training, targeted selection of the industries for arrangement of an apprenticeship, manual training, dual vocational training and workplace training, segmentation of the unemployed by the indications of employment impediment, individual work with the unemployed to restore their basic skills (motivation, practice, health improvement), vocational guidance of young people (students) and early involvement of students into the labour market by combining studies and work.
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Spruogis, Ernestas. "THE COMPARATIVE ANALYSIS OF THE EU AND LITHUANIAN LEGAL TRANSPORT REGULATIONS." TRANSPORT 20, no. 1 (February 28, 2005): 45–50. http://dx.doi.org/10.3846/16484142.2005.9637994.
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The significance of the transport economy determines such a fact that the State and its institutions have a duty to look over this economic branch very narrowly. This duty is especially important while guaranteeing conditions for the fair competition in the transport sector. The author presents the analysis of the EU and Lithuanian legal transport competition regulations. The conclusion is drawn that the national legal competition regulation complies with the EU legal competition regulation; the EU legal transport competition regulation is much more detailed than national legal transport competition regulation in Lithuania.
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Valkauskas, R. "FLUCTUATIONS OF LITHUANIAN ECONOMY: IDENTIFICATION RULES AND FEATURES." Ekonomika 91, no. 1 (January 1, 2012): 24–40. http://dx.doi.org/10.15388/ekon.2012.0.909.
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This article is focussed on the problem of economic-statistical calculations and includes an economic-statistical research of economic fluctuations. The author also discusses the rules for statistical identification of economic welfare, economic development features of Lithuania after it became a member of the European Union. The notion of specific economic indicators, their classification issues, and the role and place of economic indicators presenting a systemic view of the country’s economy through identification of economic activities and their development are also discussed.The article deals also with the methodologies based on various statistical methods and offers a methodology for revealing the components of economic fluctuations. A common notion is that the methodologies using analytical time series smoothed with the least squares method for revealing economic fluctuation components are best. The author proposes a methodology for calculating and evaluating the components of economic fluctuations, based on gross domestic product data.
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Kalantaitė, Jovita, and Rasa Subačienė. "Impact of Lithuanian tax reform to companies results." Buhalterinės apskaitos teorija ir praktika, no. 15A (July 9, 2014): 162–77. http://dx.doi.org/10.15388/batp.2014.15a.13.
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Global economic crisis reached Lithuania in 2008, as a response to ongoing economic downturn, the government of the Republic of Lithuania introduced tax reform. Analysis of factors determined by the tax reform will be presented in the article. However, main arguments will concentrate on evaluation of companies activities and results as business is one of the key pillars on which Lithuanian economy is built on: taxes form a significant part of individual company’s expenses and on the other side – taxes are a main stream of revenue for the national budget.
The most significant taxes in overall national budget composition could be named as the following: personal income tax, social insurance taxes, value added tax, corporate income tax, excise tax and others. In relation to the global crisis tax income has decreased significantly in year 2009 and at the end of year 2012 has still not reached the level of year 2008. However, from the company’s perspective, employees related taxes are considered as most significant as they form almost a half of total taxes paid by companies. Decrease of taxes related to payroll (personal income tax, social insurance taxes) was followed by growth of unemployment, decrease on average salary and growth of the shadow economy. Drop in GDP, inflation and decline in sales made impact on decrease of tax revenue of value added tax, as shadow economy and reduced consumption of excisable goods influenced the value of excise tax revenue. The tax revenue of corporate income tax was influenced by decline of net profit and profitability, increased number of bankruptcy.
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Indrišionis, Darius. "The Images of Illegal Economical Activities and the Fight against Them in Lithuanian Press in 1938–1940." Lietuvos istorijos studijos 46 (December 28, 2020): 82–99. http://dx.doi.org/10.15388/lis.2020.46.5.
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Various illegal economical activities such as speculation, moonshine production, etc. were popular subjects in the Lithuanian press of 1938–1940. Economic problems were important for the Lithuanian society during those harsh years, so these publications did their part to influence public opinion. This article focuses on the most popular narratives of illegal economical activities in the Lithuanian press of 1938–1940: 1) the Price Control Officer and his struggle against speculation; 2) propaganda methods in solving the problem of moonshine (illegal breweries); 3) other illegal economical activities (illegal medical or law practice, prostitution, etc.). In conclusion, Lithuanian authorities used mild methods against the illegal part of the economy. The Price Control Officer, one of the most popular authority figures in 1938–1940 Lithuania, used to bribe businessmen who were mixed up in speculation and to publish lists of those so called “speculators” periodically. This policy was morally doubtful because it influenced some antisemitic thoughts (as the majority of those bribed “speculators” were of Jewish descent). Police methods were not enough to reach victory against widespread moonshiners. In the summer of 1938, a high-scale propaganda campaign against moonshine was launched. Fighting other illegal economical activities was problematic due to a lack of jurisprudence and legal alternatives.
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Kundelis, Egidijus, Renata Legenzova, and Julijonas Kartanas. "Assessing Profit Shifting in Lithuanian Firms." SHS Web of Conferences 92 (2021): 02037. http://dx.doi.org/10.1051/shsconf/20219202037.
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Research background: Multinational enterprises (MNEs) employ tax avoidance by ability to use differences in tax systems of various countries to successfully incur effective tax rate that is lower than the statutory one. Literature analysis revealed that previous research rarely concentrated on profit shifting practices in small economies. It mostly covered large countries (USA, Germany) or regions (e.g. Europe). Research on Lithuania, as a small open economy characterized by lower corporate income tax rates, is a relevant case for the analysis. Purpose of the article: The purpose of the article is to assess profit shifting via transfer mispricing in Lithuanian companies. Methods: Regression analysis with fixed effects was applied to a sample of 3,563 Lithuanian companies for the period of 2010–2018. The data was retrieved from Amadeus database. Findings & Value added: The results of testing profit shifting channel – transfer mispricing – showed that tax incentives significantly affect earnings of MNEs in the sample while results of domestic firms are puzzling. Earnings of multinationals in the sample are strongly affected by statutory tax rate difference between the subsidiary operating in Lithuania and the parent company in a foreign country. Such results may imply that in small economies like Lithuania (characterized by lower tax rates and lower tax avoidance costs) profit shifting via transfer mispricing is used by MNEs as a channel of corporate tax avoidance.
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Bareikaitė, Erika, and Raimonda Martinkutė-Kaulienė. "LIQUIDITY RISK AND ITS MANAGEMENT IN LITHUANIAN BANKING SYSTEM / LLIKVIDUMO RIZIKA IR JOS VALDYMAS LIETUVOS BANKŲ SISTEMOJE." Mokslas – Lietuvos ateitis 6, no. 1 (February 20, 2014): 64–71. http://dx.doi.org/10.3846/mla.2014.09.
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Banks are the main part of financial sector in each economy and strength of banking system becomes vital for ensuringfavourable economic stability and growth. Recent failure of two commercial banks in Lithuania showed that managershaven’t evaluated liquidity risk or haven’t dealt with it properly. The tasks of the paper are to investigate Lithuanian banksposition towards liquidity risk, analyse what kind of management tools banks use for ensuring favourable position towardsliquidity and to explore the liquidity influence to profitability in Lithuanian banking sector. The article examines liquidity andits management processes in Lithuanian banking sector. Description of liquidity importance is presented. Liquidity risk and itsmeasurement as well as the ways of managing the above mentioned risk is analysed in the article. In order to analyse the relationshipbetween liquidity risk and profitability of banks, analysis of scientific literature, research synthesis and generalizationshave been made. Išanalizuota likvidumo svarba ir jo įtaka Lietuvos bankų veiklai.Išnagrinėti ir pateikti likvidumo vadybos bei valdymo Lietuvosbankininkystės sektoriuje principai. Likvidumo svarbos analizėpateikta ir apibendrintai, remiantis istoriniais įvykiais bei mokslinėsliteratūros apžvalga. Išnagrinėtos skirtinguose šaltiniuosevartojamos likvidumo sąvokos. Pateikta likvidumo rizikos irjos valdymo būdų apžvalga, aprašyti likvidumo vertinimo komponentai.Iškeltos ir aprašytos hipotezės ryšiui tarp likvidumoir pelningumo nustatyti bei pateikta siūlymų tolesniam tyrimui.
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KOZLOVA, Anžela, and Algita MIEČINSKIENĖ. "THE RESEARCH ON INTERFACE BETWEEN LITHUANIAN DIRECT INVESTMENT ABROAD AND FOREIGN TRADE FLOWS." Business, Management and Education 14, no. 1 (June 23, 2016): 136–51. http://dx.doi.org/10.3846/bme.2016.321.
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The scientific research results related to foreign trade and direct investment abroad (DIA) are discussed in the article. The relation of the direct investment abroad and foreign trade is still under the discussion as there is no clear answer whether foreign trade is supplemented or replaced by the direct investment abroad. Since 1997 the flows of the direct investment abroad increased greately in Lithuania. Consequently, it is important to define the link between the DIA and foreign trade considering each country separately. Direct investment abroad and trade links in Lithuania in 1997–2014 are analyzed in the article. The research analysis involves Lithuanian direct investments in the developed countries except some countries, such as Belorus, Russia and Ukraine. It is defined that there is a positive bilateral link between Lithuanian direct investment abroad and foreign trade. It is also observed the impact of general development of Lithuanian direct investment abroad (considering certain countries) on the countries economy itself – imports can exceed exports. Engle-Granger causality test is applied in the research paper for the purpose of defining the impact of the DIA on the import and export range.
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Maknickienė, Nijolė, Indrė Lapinskaitė, Algita Miečinskienė, and Ilona Skačkauskienė. "PATTERNS OF INEQUALITY OF LITHUANIAN REGIONS." Journal of Business Economics and Management 19, no. 2 (September 25, 2018): 323–42. http://dx.doi.org/10.3846/jbem.2018.5574.
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Though a country᾽s economy is growing, separate regional development disparities could be even more significant. This paper aims to identify the situation of inequality of Lithuania᾽s regions, taking into consideration the most important factors of regional economic growth and investments. Evaluation of regions by 15 criteria is carried out by a ranking method. Results show a big disparity between regions. Significant Spearman correlation is found between FDI and total investment with all investigated group of factors of economic growth in the group of City Municipalities, but in the group of District Municipalities, it differs. Four scenarios for regional policy formation were distinguished.
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Bivainis, Juozas. "COMPARATIVE EVALUATION OF THE LITHUANIAN PUBLIC EXPENDITURE SCALE AND STRUCTURE." Technological and Economic Development of Economy 11, no. 2 (June 30, 2005): 71–77. http://dx.doi.org/10.3846/13928619.2005.9637684.
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Since the restoration of independence (1990) significant changes were made in all aspects of Lithuania's economy. The achievements of the country in the area of economic development are obvious ‐ the essential preconditions for faster economic growth and approaching to the social‐economical life standards of advanced countries were created during a transition period. The exceptional role between different factors of social‐economical development of the country is ascribed to public finance. The statistics shows persuasive common world tendency of public expenditure growth. It can be explained in relation to historical changes of the sense, role and principles of management. The comparison of 1995–2001 year indicators, describing the public expenditure of Lithuania with the other countries including four new residents of the EU (Czech Republic, Estonia, Latvia, Poland), five old ones (Austria, Belgium, Denmark, Germany, United Kingdom) and two representatives of CIS (Belorus and Rusia) is resulted by certain main conclusions. The Republic of Lithuania occupies one from below place in a diminution row between twelve countries which were selected for the investigation. It is a characteristic feature of the last investigated year (2001) as well as an average of three investigated years (1995, 1998, 2001). The structure of public expenditure on function section of our country is similar to one of other new members of the EU, Lithuania made steps during 1995–2001 towards the structure of public expenditure on function and economic classifications the countries ‐ old residents. The relative changes of Lithuanian public expenditure in function section were the largest between all the investigated countries, while the change of total public expenditure (% of GDP) was the smallest. The disclosed comparative estimates of public expenditure on these scale and structure and its tendencies can be used as a reference point for creating the fiscal policy, improving public sector management and implementation of national budget reforms. These estimates may also serve as arguments for tax reforms what is a topical issue for the present time.
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Kropienė, Rūta, and Gžegož Jurgo. "Weather Derivatives: Usage Possibilities for the Lithuanian Economy." Lietuvos statistikos darbai 49, no. 1 (December 20, 2010): 62–68. http://dx.doi.org/10.15388/ljs.2010.13949.
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The impact of weather on many commercial and recreational activities is significant and varies both geographically and seasonally. Many industries, including agriculture, energy, utility, construction, tourism and other businesses, are either favourably or adversely affected by “bad” weather. For this reason, financial markets have devised a relatively new class of instruments, the so-called “weather derivatives”, the first of which were launched in 1996 in the United States. There is a number of factors behind the growth in the weather derivatives market. One of these is the deregulation of energy markets. Another one is that capital and insurance markets have come closer to each other. A weather derivative is the newest product of the financial derivatives market. It allows a market participant to minimise a risk from daily weather fluctuations, while insurance companies sell insurance against catastrophic events.
The main aim of this article is to explore possibilities to use weather derivatives for the Lithuanian economy. To reach the aim, the following goals were set: to describe products of weather derivatives and their features and to present the possibilities to use these derivatives in the Lithuanian economy on the basis of an example of temperature derivatives. A hypothesis is made that Lithuanian companies could discover new possibilities for business management through the use of weather derivatives.
The methods used in the paper are as follows: comparative analysis, indexes, regression and correlation analysis.
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Filatovaitė, Daina, and Nomeda Bratčikovienė. "Modelling of Production Relations in the Lithuanian Economy." Lietuvos statistikos darbai 54, no. 1 (December 20, 2015): 52–60. http://dx.doi.org/10.15388/ljs.2015.13880.
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This paper presents a method for the analysis of price index changes in each branch of thecountry’s economy given changes in production factors. Cobb–Douglas production functions were evaluated foreach sector separately enabling the forecasting of production quantities. The country’s total production functionwas estimated using conditional regression. Later, an inter-branch balance problem of price and productionvolume relationship evaluation was solved using a Lithuanian input–output table. Finally, combining the estimatedproduction functions and estimated price–output relationship, Lithuanian economy-relevant scenarios ofre-emigration and retail chain Lidl investment were analysed.
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Sekliuckiene, Jurgita. "Factors leading to early internationalization in emerging Central and Eastern European economies." European Business Review 29, no. 2 (March 13, 2017): 219–42. http://dx.doi.org/10.1108/ebr-12-2015-0158.
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Purpose The purpose of this paper is to explore factors leading to the early internationalization of international new ventures (INVs) in Lithuania – a transition economy in Central and Eastern Europe (CEE). The determinants of early internationalization were grouped into three categories: entrepreneurial, firm-related and contextual determinants, and their impact on high-tech INVs that operate in emerging economies was investigated. Design/methodology/approach The research design is a case study approach. Case studies are presented of six Lithuanian entrepreneurial firms that demonstrated successful internationalization and rapidly expanded into foreign markets during the preceding year. Findings Region-specific theoretical propositions are provided for new ventures in CEE emerging economies. The results reveal that essential factors leading to the early internationalization of INVs operating in Lithuania, a transition economy, are entrepreneurial factors. Internationalization of INVs from CEE emerging economies is driven by push factors related to domestic market specifics; however, institutional factors do not seem to have a significant impact on INVs’ internationalization. Research limitations/implications The results of the analysis of the case studies are not generalizable to the entire population of INVs in Lithuania. However, the results are substantial considering the success of high-tech Lithuanian firms that started their international activities shortly after their inception. Future research can contribute to the literature by seeking to apply international new venture theory in the context of emerging economies with larger samples and a focus on distinct patterns of internationalization. Originality/value The findings contribute to the literature on international entrepreneurship by exploring early internationalization of INVs in the context of transition economies in CEE. This study’s contribution is based on theory building, especially in understanding the driving factors related to the early internationalization of new ventures founded by Lithuanian entrepreneurs. International entrepreneurship studies in the CEE, as well as Baltic countries, are limited, and this research contributes to filling this gap.
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Rutkauskas, Aleksandras Vytautas, and Gitana Dudzevičiūte. "FOREIGN CAPITAL AND CREDIT MARKET DEVELOPMENT: THE CASE OF LITHUANIA." Journal of Business Economics and Management 6, no. 4 (December 31, 2005): 219–24. http://dx.doi.org/10.3846/16111699.2005.9636111.
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There have been wide-ranging discussions on whether the investments of foreign banks into the banking sector of the Central and Eastern Europe countries (CEE) lead to greater competition and increase of the loan portfolio of the banks. Several empirical works have shown that a high proportion of foreign capital in the banking sector of CEE countries has generally positive effects on the quality and amount of loan portfolio of the banking sector, but there may also be some adverse effects. Lithuania has an open economy and the credit market is open to international banking competition. The loan portfolio of the banks in Lithuania was growing very rapidly during the last year. A drop in the loan interest rates was significant and banks offered credits under favourable conditions. At the same time, the Lithuanian banking sector is largely foreign‐owned. Foreign investors currently own approx. 87 % of the share capital of banks in Lithuania. The aim of this paper is to investigate the link between the Lithuanian credit market development and the entry of foreign banks
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ČIUTIENĖ, Rūta, Evelina MEILIENĖ, Asta SAVANEVIČIENĖ, and Sigitas VAITKEVIČIUS. "INTERDEPENDENCE BETWEEN HUMAN CAPITAL AND THE POWER OF A SHADOW ECONOMY: LITHUANIAN CASE STUDY." Technological and Economic Development of Economy 21, no. 3 (May 26, 2015): 460–82. http://dx.doi.org/10.3846/20294913.2015.1017864.
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According to economic theory, economic growth is related to Human Capital (HC). Lithuania is associated with countries where a high level of shadow economy exists. This paper examines the issues of human capital development under conditions of shadow economy. The aim of this paper is to evaluate the power and effects of the Lithuanian shadow economy in the context of human capital and to assess the inter-dependence between the power of the shadow economy and human capital. The theoretical justification for research on the inter-dependence between the power of the shadow economy and human capital is based on the analysis of how changes in the human capital structure and indicators reflect the power of the shadow economy and vice versa. Theoretical analysis has been made on the main features and factors of shadow economy and possible tools of human capital evaluation. On the basis of theoretical findings, the model of shadow economy power has been created and using the linear regression method, the dependence of shadow economy power on human capital has been evaluated. The power of the shadow economy has been calculated as a function of population, GDP, trade, unemployment and the labor force. Variables of social development, such as demographic changes and risk of poverty, indicators of HC economic development and indicators of HC economic potential have been used for the research. For the evaluation of the interdependence of the variables, the years 2005–2012 were used. In evaluating human capital under the conditions of the shadow economy, a few periods have been identified and distinguished. Firstly, the results showed that the level of human capital education and unemployment can be described as the most important indicators that reflect the economic environment and shadow economy. Secondly, the increasing level of the shadow economy increases shadow unemployment, and this in turn influences the attraction of direct foreign investment. And finally, research on the influence of separate factors of the shadow economy on variables of human capital could disclose a deeper understanding of the impact of the shadow economy on human capital.
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Šlapkauskas, Vytautas. "Features of Modern Lithuanian Society’s Legal Identity Development: from Closed to Holed Society." Security Dimensions 26, no. 26 (June 29, 2018): 62–99. http://dx.doi.org/10.5604/01.3001.0012.7241.
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During the last three decades, few essential transformations of Lithuanian society took place – from a closed (according to the terminology of H. Bergman and K. Popper) soviet society during a short period of open society functioning it evolved into a holed (according to P. Aleksandravičius) society. The Republic of Lithuania becoming the rule of law and creation of liberal democracy was a favourable context of the transformations mentioned. These transformations were ensured not only by establishment of free market economy but also by corresponding legislation and implementation of legal norms. The article analyses inter-directional methodological possibilities to reveal a legal identity of Lithuanian society. Creation of such possibilities is based on three ideas of Western civilisation: 1. The idea of compliance with the rules of common or social (now – public) behaviour. 2. The idea of legitimate powers of sovereign to create common (social or public) behaviour rules and to organize and control their implementation. It evolved into the idea of the rule of law. 3. The idea of natural rights and freedom. It evolved into the protection of human rights and freedom. Based on these ideas and analysis of peculiarities of the process of the Republic of Lithuania becoming the rule of law, there are justified five stages of Lithuanian society’s legal identity development.
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Juozapaviciene, Aldona, and Agne Montvidaite. "Peculiarities of Economics Recovery After Worldwide Economic Crisis in 2008–2009." Equilibrium 7, no. 2 (June 30, 2012): 35–55. http://dx.doi.org/10.12775/equil.2012.010.
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Variation analysis of several main procyclic indicators (leading and coincident) was carried out in this article. The results of the analysis showed that the economies of Lithuania and the European Union are slowly recovering. The attempts of European countries to struggle against deep recession caused by the world economic crisis have led to a new - sovereign debt crisis. It manifested in increasing differences between government bond yields and premiums of Credit Default Swap (CDS) between PIIGS countries and other EU members, notably Germany. Accordingly to this, CDS was examined as the leading indicator of the economic cycle. During the period of the economic crisis, the government of Lithuania borrowed in international markets very expensively and the accumulated debt can become a heavy burden on the country's future economy. The situation of public finance in Lithuania was analyzed by adopting the mathematical model of Zamkov. The performed simulation showed that the debt of Lithuanian public sector will press the country for a long period of time.
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Prentkovskis, Olegas, Romualdas Kliukas, Aidas Vasilis Vasiliauskas, Alfonsas Daniūnas, Valerija Marina, Kristina Ledauskaitė, and Vaida Zemlickienė. "TRANSPORT MANAGEMENT: THE POPULARITY OF STUDY PROGRAMMES AMONG THE APPLICANTS TO LITHUANIAN UNIVERSITIES EVALUATING THE QUALIFICATIONS OF GRADUATES IN THE LABOUR‐MARKET." TRANSPORT 24, no. 2 (June 30, 2009): 154–69. http://dx.doi.org/10.3846/1648-4142.2009.24.154-169.
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The accession of Lithuania to the European Union made transport one of the most important branches of national economy. Presently, economic development is hardly possible without an efficient transport system (providing both local and international transportation). The operation of industrial, construction and agricultural enterprises as well as work efficiency and a public opinion largely depend on the reliability and effective performance of transport systems which is not possible without qualified transport managers. The paper presents requirements raised for controlling the abilities and level of educating specialists in Transport Management and introduces employee assesment at student skills. Specialists in Transport Management are trained at vocational and higher schools of Lithuania. Experts in the field of Transport Management are trained at two university‐level higher schools in Lithuania (Bachelors, Masters and Doctors) including Vilnius Gediminas Technical University and The General Jonas Žemaitis Military Academy of Lithuania (the introduced higher schools are located in Vilnius, the capital of Lithuania). Although both study programmes taught at the above mentioned higher schools cover the area of Transport Management, they have some differences discussed in the paper. A brief survey of admission to Lithuanian higher schools is analyzed in the article. Some statistical data on the popularity of study programmes chosen by the applicants participating in the joint admission programme to Lithuanian higher schools is presented in the article. Also the popularity of the study programmes of Transport Management (competition, competitiveness indices and average competitive marks and motivation indices) available at two higher schools of Lithuania is described.
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LIOBIKIENĖ, Genovaitė, Justina MANDRAVICKAITĖ, Danguolė KREPŠTULIENĖ, Jurga BERNATONIENĖ, and Arūnas SAVICKAS. "LITHUANIAN ACHIEVEMENTS IN TERMS OF CO2 EMISSIONS BASED ON PRODUCTION SIDE IN THE CONTEXT OF THE EU-27." Technological and Economic Development of Economy 23, no. 3 (September 11, 2015): 483–503. http://dx.doi.org/10.3846/20294913.2015.1056278.
Full textAbstract:
The production perspective is actual seeking regarding the CO2 emissions management policy; however, there is a lack of studies taking the latter approach. Thus referring to air emissions accounts, the aim of this analysis is to evaluate changes in CO2 equivalent emissions from the production-based perspective in Lithuania and the EU-27 and their determinants during 2000– 2012. Using the coefficient of elasticity, it was observed that in Lithuanian the economy grew three times faster than emissions of greenhouse gases (GHG). Meanwhile in the EU-27, GHG decreased with economic growth. In the EU-27 absolute decoupling was observed for agriculture, forestry and fishing, public administration, defence economic activities, real estate activities, and education. Meanwhile, in Lithuania for these activities a relative or negative decoupling occurred. With regard to technological contributions to changes in CO2 equivalent emissions, the most problematic economic activities in Lithuania are financial and insurance activities, education, post and telecommunications, other service activities. In the EU-27 members the most problematic sectors are mining and quarrying, construction, transport and storage sector. Thus, the successful implementation of GHG emissions management policy is very important in Lithuania and in all the EU countries.
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Ciburiene, Jadvyga, Dalia Bernatonyte, Zaneta Simanaviciene, and Grazina Startiene. "Higher education as factor for economic development: Lithuanian case." Contemporary Educational Researches Journal 9, no. 2 (May 31, 2019): 1–11. http://dx.doi.org/10.18844/cerj.v9i2.3820.
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Authors of the article aim to show what role higher education play in economic development. They argue that modernization and transformation of the economy mostly depend on knowledge-based economy. Smart, sustainable, and inclusive economic growth are based and strongly related to higher education. When analyzing higher education, the share of the population with tertiary education (in the total population aged 15–64 years) was chosen to study. For the evaluation of these relations in Lithuania and the EU-28 the period of 2005–2013 was analyzed, and the year 2005 was chosen as the base year. The research results and calculated Pearson correlation coefficient revealed that the share of the population with tertiary education (in the total population aged 15–64 years) has a significant impact on the share of human resources in science and technology, research and development expenditure and real adjusted gross disposable income of households per capita in Lithuania and most other countries of the EU-28..
Keywords: Economic development, economic modernization, higher education, research and development expenditure;
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Garškaitė-Milvydienė, Kristina. "THE RISK OF DEVELOPMENT OF LITHUANIAN DERIVATIVES MARKETS." Journal of Business Economics and Management 22, no. 2 (February 3, 2021): 346–68. http://dx.doi.org/10.3846/jbem.2021.13894.
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Derivative financial instruments play a very important role in financial markets, but they are seen as rather contradictory and their impact on financial markets and the stability of these markets has not been comprehensively examined. Therefore, the aim of this article is to systematise the potential risks of derivatives in the context of the past global financial crisis, and the recent situation in Lithuania. In particular, growing international tension and deteriorating economic situation, make it necessary to re-analyse the recent crisis, its causes and consequences. The 2007–2008 global financial crisis revealed the challenges and risks of derivatives and showed the tremendous impact that their imprudent use may have on the stability of a financial system. The Lithuanian economy recently joined the euro, but its macroeconomic fundamentals show certain risks. Infrastructures of the derivatives market, liquidity and an adequate supervisory framework are necessary to maintain stability.
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Popov, Grigoriy. "Reconstruction of Demographic Consequences of the Time of Troubles for Russian Cities According to Statistical Documents of the Moscow State." Izvestia of Smolensk State University, no. 4 (52) (December 16, 2020): 148–63. http://dx.doi.org/10.35785/2072-9464-2020-52-4-148-163.
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The article contains attempts to reconstruct the demographic losses of Russian cities affected by the fighting during the Time of Troubles. The attempts are based on a comparison of statistical materials created by contemporaries of those events. The author proves that the Troubles included, among other conflicts, the war between the Moscow State and the Grand Duchy of Lithuania, this war brought the greatest destruction and losses to Russia, probably even greater than the Mongol
invasion in the 13th century. Lithuanian troops acted quite independently preferring to conduct operations outside of Moscow and its environs in the 1611–1612s, these actions of the Lithuanian troops were accompanied by the genocide of the Russian population and led to a severe protracted crisis in the economy of
the Russian city.
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Bazaras, Darius, and Ramūnas Palšaitis. "MULTIMODAL APPROACH TO THE INTERNATIONAL TRANSIT TRANSPORT." TRANSPORT 18, no. 6 (December 31, 2003): 248–54. http://dx.doi.org/10.3846/16483840.2003.10414106.
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In the article not only the problems of multi-modal and inter-modal conveyances in Lithuania and the concept of transit and the transit system stimulating factors are analysed, but also the modelling of transit transport and the flows of the loads are given. The main part of the article comes to the analysis of resent situation of Lithuania. In this part the place of transport sector in the market of transit services is analysed and the transit profit for Lithuanian economy is evaluated. The conclusions and proposals are given at the end of the article.
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Misiūnas, Algimantas. "FINANCIAL RATIOS OF THE COUNTRY’S ENTERPRISES IN THE FACE OF ECONOMIC GROWTH AND DECLINE." Ekonomika 89, no. 1 (January 1, 2010): 32–48. http://dx.doi.org/10.15388/ekon.2010.0.995.
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The author analyses financial ratios of Lithuanian enterprises by economic sectors in the period from 1998 to 2008. During the period in question, which was selected consciously and purposefully, Lithuanian economy experienced two recessions: the first one took place after the Russian crisis 1998 and the second started in 2008, together with the global financial crisis. In the period between the two crises, a rapid economic development was observed.In the paper, the efficiency of the sectors of Lithuanian economy is assessed using various financial ratios, reflecting various aspects of performance of an economic entity: its capability to secure income, to perform profitably, to properly manage liabilities, to make proper use of available potential, to avoid jeopardising its further performance. Since no common methodology for the assessment of economic efficiency has been developed, it is offered to form an integral aggregate ratio to make possible the intercomparison of economic sectors and to determine the level of efficiency based on a set of financial ratios but not on each of them separately. The experiments and calculations performed showed that most suitable is the weighted arithmetic mean method.
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Šalčiūtė-Čivilienė, Gabrielė. "Strands in literary English-to-Lithuanian translation criticizm in Lithuania since 1990." Lietuvių kalba, no. 5 (December 28, 2011): 1–37. http://dx.doi.org/10.15388/lk.2011.22805.
Full textAbstract:
The current article surveys the scope and the major assumptions of domestic critical discourse on literary translation from English into Lithuanian since 1990. The market conditions have changed enormously since Lithuania moved to a market-free economy and chose a democratic ruling system, thus affecting all the spheres of culture, including literary and translation production. Critical evaluation of quality, adequacy, norms and other related issues of literary translation does not seem to keep pace with a rapid production of literary translation. Since the publication of a textbook on translation by Armalytė and Pažūsis (1990), no other fundamental work has been published in this area. The current review of critical discourse on literary translation includes two major sources of periodical literature – that is, academic papers in scholarly magazines and critical reviews in newspapers and magazines targeting wider readership. The major aim of this review is to identify the potentials and limits of national critical discourse by examining topic areas, critical standards applied to the evaluation of actual translations, and some metadiscoursal issues.
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Krumplytė, Jolita. "THE SHADOW ECONOMY FACTORS AND CAUSES ANALYSIS BY EXPERT EVALUATION METHOD: CASE OF LITHUANIA." Business, Management and Education 8, no. 1 (December 20, 2010): 122–38. http://dx.doi.org/10.3846/bme.2010.09.
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In the scientific literature the shadow economy is defined as a complex multifaceted set of phenomena, whose existence is determined by various factors and causes. The article examines the shadow economy through tax administration perspective. The author’s chosen object of the research encompasses economic activities, results of which such as tax evasion or concealment are not included in the official records. The shadow economy factors and reasons are economic, legal-administrative and social- psychological. Most of the time scientific research analyses the following shadow economy factors and causes: ▪ burden and rise of direct and indirect taxes and compulsory social insurance contribution; ▪ too stringent (or insufficient) legal and administrative regulation; ▪ weak government and a high level of corruption in the governmental sector; ▪ the income inequality (a high poverty level); ▪ the legislative gaps; ▪ the tax administration system deficiencies; ▪ irrational country’s economic policy; ▪ tax morale; ▪ insufficient government attention to social policy or irrational its development. The article presents the empirical study results about Lithuanian shadow economy factors and causes. The survey was carried out by experts – Lithuanian State Tax Inspection staff which has experience in inspecting taxpayers and conducting tax investigations. 702 experts took part in the research. According to experts’ estimations, companies and individuals enter into shadow economic activity mainly because they do not have any other way out (otherwise they won’t be able to stand up to competition, individuals won’t be able to make a living, etc.) as well as because other economy players pull them in. Experts also estimate that the most important Lithuanian shadow economy causes are the following: too big tax burden (in the case of illegal work – significant gross and net wage gap), gaps in legislation, frequent law changes, distrust of country’s government, dissatisfaction with the quality of work of governmental institutions. The main causes of the sprawl of the shadow economy – the inability to compete without being involved in the shadow economy, the lack of unified declaration of income and insufficient control of state institutions.
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Latvytė, Ernesta, and Raimonda Martinkutė-Kaulienė. "APPLICATION OF AIR DERIVATIVE FINANCIAL INSTRUMENTS IN LITHUANIAN ECONOMY." Mokslas - Lietuvos ateitis 12 (August 13, 2020): 1–9. http://dx.doi.org/10.3846/mla.2020.12510.
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The paper explores the concept of weather derivatives: what it is, what its features are, and in what areas they can be applied. It has been established that there can be several types of weather derivative instruments – options and swaps. The use of weather derivatives has also been found to be very broad and attractive for tourism, construction, agriculture and heating companies. Companies operating in Lithuania do not use weather derivatives, although they do provide insurance against the risks associated with adverse weather conditions. The paper is conducting a study to determine which heating companies should apply weather derivatives to improve their performance. The study is conducted using multi-criteria assessment methods – SAW and TOPSIS. The multi-criteria assessment showed that AB Šiaulių energija and UAB Varėnos šiluma could use the opportunity to apply weather derivatives in their activities.
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Reklaitė, Agnė. "Coincident, leading and recession indexes for the Lithuanian economy." Baltic Journal of Economics 11, no. 1 (March 2011): 91–107. http://dx.doi.org/10.1080/1406099x.2011.10840492.
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Simonyan, Renald. "Lithuanian Economy from the Soviet to the New Period." Contemporary Europe 96, no. 3 (June 1, 2020): 72–82. http://dx.doi.org/10.15211/soveurope320207282.
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Mačiulis, Alminas, Aidas Vasilis Vasiliauskas, and Gražvydas Jakubauskas. "THE IMPACT OF TRANSPORT ON THE COMPETITIVENESS OF NATIONAL ECONOMY." TRANSPORT 24, no. 2 (June 30, 2009): 93–99. http://dx.doi.org/10.3846/1648-4142.2009.24.93-99.
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Transport has always been and remained one of the main driving forces in the economical development of any country including Lithuania. The paper assesses a positive impact of transport on Lithuanian economy in the light of the analysis of the main indicators measuring the success of the transport sector: the share of transport and warehousing sectors to national GDP (%) and the share of the export of transport services in GDP (%). It is also widely acknowledged that transport is going to play a crucial role in economic development in the future, especially in transit‐related transport like the Baltic States. On the other hand, the growth of transport, particularly in road transport, has had a significant impact on congestion, safety and pollution. Therefore, the task of transport decision makers is to find the key for sustainable transport development and reduction of a negative transport impact to sustain the transport sector as the engine of economy. The paper analyses both the positive and negative impacts of transport on economy and evaluates the possible ways developing the sustainable transport system.
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Jurevičienė, Daiva, and Augustė Biekšaitė. "Valuation of Lithuanian Cities’ Smartness." Economics and Culture 17, no. 1 (June 1, 2020): 104–15. http://dx.doi.org/10.2478/jec-2020-0010.
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AbstractResearch purpose. To assess the level of smartness of Lithuanian cities. The article systematizes the theoretical background of a smart city and its criteria, develops the methodology for measuring the level of smart cities and assesses the level of smartness of Lithuanian cities.Design/Methodology/Approach. Methods used for the study: systematization, comparison, generalization, multi-criteria methods (COPRAS, EDAS and TOPSIS). The criteria for the assessment of smartness of cities were distinguished from the analysed scientific literature. Multi-criteria methods are used to determine the smartest city in Lithuania since they allow you to rank alternatives according to various criteria that are rendered dimensionless.Findings. A multi-criteria assessment of the level of smartness of Lithuanian cities has shown that the capital city is leading. However, different results were obtained using different multi-criteria assessment methods in ranking the remaining cities.Originality/Value/Practical implications. Usually, the smartness is analysed for major cities of the world, and Lithuanian cities were not assessed to the knowledge of the authors. The selected criteria for the assessment of the smartness of the cities represent the most often used (foreign direct investment; emission of the pollutant; the number of international immigrants; the ratio of people registered as unemployed to the working-age population; the number of crimes; the number of specialists trained at universities; the number of universities; the number of bus routes; the number of road traffic accidents; the number of IT companies and forest cover). The results could help for policy creators to make decisions on increasing the intelligence of Lithuanian cities, which would help to develop the economy not only in the capital but also in other important cities of the country and raise the quality of life of the inhabitants of those cities.