Re-Examining the Mean Reversion of Inflation Rate in ECOWAS

Hervé, Drama Bédi Guy

doi:10.18488/journal.aefr.2018.85.653.668

Cited by 3 publications

(2 citation statements)

References 50 publications

(73 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Current servitisation research suggests that transitioning to a broader servitisation model for a firm that operates a traditional product model requires a significant amount of assets (Kinnunen & Turunes, 2012;Herve, 2018). However, many SMEs do not have an expendable amount of resources to refit their firms for a progressive servitisation model.…”

Section: Resultsmentioning

confidence: 99%

Theorizing Servitisation for SME Performance

Ahmad¹,

Shafaruddin²,

Masri³

et al. 2019

IJFR

View full text Add to dashboard Cite

Introduction: Over the last three decades, servitisation has progressively become a key strategic choice for manufacturing companies. Recognizing the increased emphasis on services with traditional product offerings, the term servitisation refers to the innovative increase in value a company can achieve by creating a viable amalgamation of products and services. Furthermore, their reasons to pursue servitisation could be similar to those of large firms. As such, understanding how servitisation works in SMEs is of tremendous economic importance.Methodology: This paper is a qualitative in nature and aiming to understand the practice of integrating services into products via added value and its importance to SMEs in Malaysia by theorizing the concept of servitisation for SME performance. The clear understanding of the concept could contribute to better development of SME sector in Malaysia. Careful analyses of fifty articles with different themes on servitisation yields some insights on issues prevalent in the matter.Results: Current servitisation research suggests that transitioning to a broader servitisation model for a firm that operates a traditional product model requires a significant amount of assets. However, many SMEs do not have an expendable amount of resources to refit their firms for a progressive servitisation model. Additional elements that act as barriers in SME servitising strategies involve overwhelming competition from wealthier and better-known organizations and an inherently diminished range of influence on the market.Conclusion/- and Recommendations: Absence of servitisation research in SMEs establishes an important area for extended study as SMEs represent the largest margin of all firms. Additionally, SME organizations’ servitisation efforts warrant examination because their access (or lack thereof) to important organizational resources manifest in manners distinct from larger firms.

show abstract

Section: Resultsmentioning

confidence: 99%

Theorizing Servitisation for SME Performance

Ahmad¹,

Shafaruddin²,

Masri³

et al. 2019

IJFR

View full text Add to dashboard Cite

show abstract

“…In contrast, if it is described as a stationarity process, it implies that these shocks' impact is temporary (Dias & Marques, 2010). Naturally, a stationary inflation rate brings low costs for monetary authorities in the conduct of monetary policies (Hervé, 2018). Thus, the knowledge about inflation reverting to its mean after a disturbance provides valuable information.…”

Section: Introductionmentioning

confidence: 99%

Euro area inflation in the era of COVID‐19: A permanent or a transitory phenomenon?

Apergis

2024

The Manchester School

View full text Add to dashboard Cite

The goal of this paper is to test the mean reversion process of the inflation rate in the Eurozone during the COVID‐19 pandemic crisis. The study uses weekly data on consumer prices (measured through the Harmonized Consumer Price Index), spanning the period from 2020 to the mid of 2022. The findings document that euro area inflation follows a mean non‐reverting process, with most of its components following a similar pattern. Moreover, sub‐period analysis illustrates that the vaccination process against the pandemic gives a transitory character to euro area inflation, which, however, is dominated by the lockdown and the Omicron mutation periods. Finally, comparative analysis illustrated the differences of inflation persistence during the Global Financial Crisis of 2007–2009.

show abstract