| Topic title |
Possible scientific supervisors |
Source of funding |
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Valuation of labor market transformation
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doc. dr. Alina STUNDŽIENĖ |
state-funded |
Research Topic Summary.
The labor market is constantly changing and depends on various factors: economic situation, technological developments, political events, various unforeseen shocks, and so on. The impact of Industry 4 on the labor market has been analyzed for several years. Industry 4.0 is expected to change the structure of the workforce, increase unemployment and cause other employment-related problems. The Covid-19 pandemic made the confusion in the labor market even more. Strict restrictions and quarantine have become a challenge for both employers and employees. One of the most significant changes in the labor market that has taken place as a result of this pandemic has been the change in the nature of work for many workers from contact to remote. The issue of reducing working hours is also becoming relevant, which may have an impact on employment, production volumes, working conditions, employee satisfaction and social activity. These developments are exacerbating labor market imbalances. The number of vacancies in Lithuania has risen sharply in recent years, but the unemployment rate has also increased. So, the scientific problem is how to reduce labor market imbalances. The aim of the study is to develop a model for evaluation of the transformation of the labor market, which, taking into account the factors causing changes in the labor market, would warn of possible imbalances in the market.
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| Technology-driven Restructuring of Manufacturing Industry in the Context of 4.0 Industry |
doc. dr. Asta Baliutė |
state-funded |
| Economic Evaluation of Renewable Energy Sources |
prof. dr. Daiva DUMČIUVIENĖ |
state-funded |
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The impact of EU climate policy and Green Deal on regional convergence: a framework for future solutions
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prof. dr. Jurgita BRUNECKIENĖ |
state-funded |
Research Topic Summary.
The Treaty on European Union seeks to promote balanced economic growth, regional convergence and the sustainable development of all regions. The compatibility of economic growth with the neutral effects of climate change was emphasized in the European Commission of the EU Circular Economy Action (2015), in Green Deal (2019) and in the new circular economy action plan (2020). However, economic disparities between countries and groups of countries remain: Western, Central and Eastern Europe, despite their declining rates.
Such political context forms a common goal for Europe's economic development: ensuring territorial cohesion while moving towards a climate-neutral economy. This combination of the two themes is becoming a new context for the transformation of regional economies, requiring new knowledge and understanding of 'what's going on', 'how it works' and 'how to manage it'. In this new period of economic transformation, location becomes particularly important, as the level of progress of the green (including circular) economy has a direct impact on the competitiveness and development of regional economies, which has a direct impact on whole EU competitiveness and territorial cohesion.
The main challenges arise in the absence of a clear compromise between economic development and the environment (WEF, 2019) or ambiguous research results on the impact of market regulation and economic freedom on the development of an environmentally friendly economy (Rapsikevičius, Bruneckienė, 2021). In a plethora of ambiguous studies, there is a group of studies that argues that higher levels of economic freedom lead to faster economic development, but negatively affect environmental aspects that need to be protected by regulation.
The scientific issue is how EU climate policy and the European Green Course affect regional convergence. It is important to model the conditions and level of progress of the green (including circular) economy to achieve a level of regional convergence that will ensure the territorial cohesion of the European Union and become a climate-neutral economy.
The aim of the study is to develop a model based on the research to model the impact of the level of progress of the green economy (and the conditions under which it can be achieved) on regional convergence while maintaining the condition of a climate-neutral EU economy.
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| Sectoral digitalization - risk and investment return potential valuation (Fintech, Insurtech, Govtech or other) |
prof. dr. Rytis KRUŠINSKAS |
state-funded |
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Evaluation of economic stimulus measures to stabilize the economy in shock conditions
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prof. dr. Vaida PILINKIENĖ |
state-funded |
Research Topic Summary.
The economic shock of the COVID-19 pandemic had an impact on the countries economies in numerous ways. National governments initiated and implemented a series of economic stimulus measures making different effects on the protection and recovery of national economies and their industries. The economic stimulus measures introduced by the countries were designed to mitigate the consequences of economic shock, reduce the probability of bankruptcy of businesses by maintaining the fiscal stability and sustainable social dimensions of the country's economy, however, the impact and intensity of the measures were different.
A cross-country analysis of economic stimulus for the COVID-19 pandemic would focus on evaluating the impact of economic stimulus measures by modeling and analyzing the behavior and economic performance of countries' economies and/or selected sectors. The results of the study would provide an empirical study of the behavior of countries 'economies in stabilizing their shocks and research-based insights on how to mitigate the negative effects of the COVID-19 pandemic on countries' economies.
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Clustering processes impact on competitiveness and economic growth
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prof. dr. Valentinas NAVICKAS |
state-funded |
Research Topic Summary.
The fluctuation of economics’ activities forces enterprises to change their traditional management and operational techniques and impels to seek new methods, knowledge, competences, resources, at the same time maintaining their stance and their competitiveness.
Clustering processes has settled worldwide. Participation in a clustering process have become beneficial not only for clustered enterprises aspect, but also for the whole countries aspect. Clusters are important, because enterprises, by working together, can create new high quality products or services and better satisfy customer’s needs. When analysing clusters it is essential to define, that clusters stimulate responsible business planning, innovation development and so on.
Clustering processes often include various enterprises, therefore their activities supplement each other and their services or products acquire higher quality and recognition. Enterprises by cooperating increase their competitiveness, expand their activities beyond national borders. Clustered enterprises achieve these benefits much easier.
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The impact of international trade on the European Green Economy
|
prof. dr. Vytautas SNIEŠKA |
state-funded |
Research Topic Summary.
Europe's green course is becoming an inevitable imperative to halt climate change due to greenhouse gas emissions. States' international obligations in this area call for account to be taken of the impact of international trade on greenhouse gas emissions in various countries. There is a practice of more greenhouse gas emitting industries and other businesses moving from the EU to countries with less stringent environmental requirements and cheaper energy and other resources. Such practices distort the assessment and management of irrationally high levels of environmentally hazardous consumption within the EU in terms of climate change. Quantitative multiregional MRIO sectoral and econometric OLS methods can be applied to the study of complex multinational environmental issues. Current environmental regulatory policies are misleading and may be ineffective in meeting global CO2 reduction targets because they do not take into account the high CO2 emissions of EU imports. The aim of the study is to develop an econometric model of the impact of international trade on the European Green Economy, which would allow a more accurate assessment of existing processes and propose sound economic policy measures to prevent and address emerging problems and ensure stable and sustainable economic growth.
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