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Articles ( Showing 1-20 of 22 items)
Searched for: [ Keywords: "State Level" ] clear all
Journal Article
USA – Innovation Index: A State - Level Proposal
by Rafael Acevedo , Jose U. Mora  and  Jorge Romero-Habeych
Abstract
We propose an open-access innovation index for the U.S. states. This index was built by classifying into four core areas the twelve more important indicators, inputs, and outputs, that are widely accepted in the literature as the most relevant for measuring innovation. We consider the indicators aggregated in the areas of human capital and business environment as the inputs tha [...] Read more
Hit Affiliation:
Department of Business Administration, Sul Ross State University, Alpine, TX, USA

Journal Article
COVID-19 and non-communicable diseases: GMM/IV Panel VAR evidence from US states
by Lotanna E. Emediegwu
Abstract
This paper estimates panel vector autoregressions to analyze the endogenous connection between COVID-19 and non-communicable diseases (NCDs). Using weekly, US state-level data, the study finds evidence of a significant positive effect of NCD-related mortality on deaths due to COVID-19. I find this effect to be higher for males than females. Results are robust to several sensiti [...] Read more

Journal Article
A simulation study on the insurance claims distribution using Weibull distribution
by Hamza Abubakar  and  Muhammad Lawal Danrimi
Abstract
The Weibull distribution is extensively useful in the field of finance, insurance and natural disasters. Recently, It has been considered as one of the most frequently used statistical distributions in modelling and analyzing stock pricing movement and uncertain prediction in financial and investment data sets, such as insurance claims distribution. It is well known that the Ba [...] Read more
Hit Affiliation:
Department of Mathematics, Isa Kaita College of Education, Katsina State, Nigeria
Department of Accounting, Umaru Musa Yar’adua University, Katsina State, Nigeria

Journal Article
How Does FDI-Led Growth Strategy Work? Some Lessons from China for Developing Countries
by Kevin H. Zhang
Abstract
Foreign direct investment (FDI) is widely viewed as a key driving force behind China’s exceptional growth performance in the last four decades. This paper investigates several questions posed by China’s success in capturing gains from FDI. What explains that success? Can other countries replicate it, or is it unique to China? What lessons are from China for other co [...] Read more
Hit Affiliation:
Department of Economics, Illinois State University Normal, IL 61790-4200, US

Journal Article
An Examination of Ramsey's Critique: The Lack of Support in Dismissing Keynes's Logical Theory of Probability
by Michael Emmett Brady
Abstract
In his 1922 review for Cambridge Magazine of Keynes's A Treatise on Probability, and again in his 1926 review "Truth and Probability" (published in 1931 and republished in Kyburg and Smokler's 1980 edition), Ramsey provided examples critiquing Keynes's logical theory of probability. However, these examples do not disprove Keynes's theory as all of them are flawed. The flaws ari [...] Read more
Hit Affiliation:
College of Business Administration and Public Policy, California State University, Dominguez Hills, USA

Journal Article
Corporate financialization matters trade credit financing: Evidence from China’s non-financial listed companies
by Xiaohua Huang , Benhuan Nie  and  Zhehao Huang
Abstract
This study empirically examines the influence of corporate financialization on trade credit financing, focusing on non-financial companies listed in China's A-share market from 2010 to 2022. The results indicate that as corporate financialization increases, companies will obtain less trade credit financing. Further incorporating moderating factors like market position and finan [...] Read more

Journal Article
Is democracy affecting the economic policy responses to COVID-19? A cross-country analysis
by João Ricardo Costa Filho  and  António Neto
Abstract
How does democracy relate to the initial economic policy responses to Covid-19? Using a cross country analysis, we find that countries with a higher degree of democracy have stronger economic policy responses than their peers. However, when we separate monetary and financial policies from fiscal policy, democracy is not associated with the latter when we control for the income [...] Read more

Journal Article
Spatial Effect of Green Finance Development on Regional Green Innovation Efficiency
by Shuo Luo  and  Yuchen Shen
Abstract
Green finance is an important driving force to promote green innovation and achieve green development. In order to deeply explore the internal relationship between green finance and green innovation efficiency, this paper selects China's provincial panel data from 2012 to 2023, uses the entropy method and super efficiency SBM model to measure the green finance development index [...] Read more

Journal Article
Globalization and innovation: Evidence from Vietnamese small and medium sized enterprises
by Ba Hoang Nguyen , Ho Hoang Gia Bao , Hoang Phong Le , Tram B.T. Tran  and  Thanh An Vu
Abstract
The purpose of this research is to investigate how globalization affects innovation in Vietnam’s small and medium sized enterprises (SMEs). Utilizing Probit model and the data from Vietnam’s SMEs Survey during the period 2005-2015, the research examines the micro and macro effects of globalization on the innovation of these businesses. The main results show that at [...] Read more

Journal Article
Impact of Carbon Emission Trading Market on Regional Urbanization: an Empirical Study Based on a Difference-In-Differences Model
by Haoyuan Cheng , Xiaoqian Liu  and  Zhenlong Xu
Abstract
China's carbon emission trading market has been formally established, but few studies have been conducted to analyze the impact of this policy on the regional urbanization level. Therefore, this paper evaluates whether the carbon trading pilot policy can enhance the regional urbanization level in China through the difference-in-differences method and analyzes the mediating role [...] Read more

Journal Article
Regional Disparities in Inflation Persistence: Unpacking the Dynamics of Price Growth in Portugal
by Eleonora Santos
Abstract
This paper investigates the degree of inflation persistence across regions in Portugal by analyzing the Consumer Price Index (CPI) growth rates for NUTS II regions. The study employs the Augmented Dickey-Fuller (ADF) test to determine whether the CPI data for Portugal is stationary or non-stationary. The results of the ADF test reveal that the IPC data for Portugal is non-stati [...] Read more

Journal Article
The dynamics of traditions and women’s employment: Evidence from a developing country
by Safdar Ullah Khan , Arthur H. Goldsmith  and  Gulasekaran Rajaguru
Abstract
The workforce participation rate, and hence the level of employment, for women in Pakistan is among the lowest in South Asia – standing at 25 percent in 2023. Conventional explanations attribute this to poor skills and cultural norms of families and society at large. Empirical work has established that low levels of education, and community attitudes regarding gender role [...] Read more

Journal Article
Access to and use of financial services in ECOWAS countries: Is mobile money closing the gender gap?
by Aristide Bonsdaouêndé Valea
Abstract
This paper deals with the gender gap in accessing and using financial services provided by mobile money and financial institutions. Using data from ECOWAS member countries, we applied the Fairlie decomposition method to estimate and decompose the gender gap. The results show that mobile money contributes to improving of the use of services compared to financial institutions. Ho [...] Read more

Journal Article
Reasonableness and Correctness for Operational Value-at-Risk
by Peter Mitic
Abstract
Calculating the amount of regulatory capital to cover unexpected losses due to operational events in the upcoming year has caused problems because of difficulties in fitting probability distributions to data. It is consequently difficult to judge an appropriate level of capital that reflects the risk profile of a financial institution. We provide theoretical and empirical analy [...] Read more

Journal Article
Dynamic Competitiveness of Foreign and Domestic Price: Evidence from an Autoregressive Dynamic Model
by Mustapha M. Abdullahi , Mansur Abdullahi  and  Maryam Bala Adamu
Abstract
Nigeria, as an import-dependent economy, has seen its inflation rate rise over the years, which might be ascribed to structural causes and imported consumer products. The Autoregressive distributed lag model was used to determine the competitiveness of domestic and foreign prices. In the short run, domestic and international pricing complement each other, but in the long run, t [...] Read more

Journal Article
Navigating the Confluence of Inequality and STEM Equity: An Australian Perspective
by Alicia Liu , Safdar Khan  and  Alexandra Bec
Abstract
This study underscores the chronic issue of gender pay disparity that prevails across different STEM fields and educational qualification levels in Australia. Despite instances where women's incomes may align or even surpass men's, the broader pattern of inequality remains undeniable. The study advocates for targeted strategies to address gender pay gaps, particularly in fields [...] Read more

Journal Article
Confrontation between shareholders and local residents over safety investments in high-risk industries
by Nicolas Piluso
Abstract
The aim of this article is to model a negotiation between shareholders in high-technology-risk industries and local residents on the safety investments to be implemented. The methodology used is a Nash bargaining model, with a DE curve representing shareholders' dividend demands and an NS curve representing the safety demands of local residents' associations. The model is used [...] Read more

Journal Article
Informality as a Driving Force for Corruption in Economy: A Neoclassical Simulation
by Emerson Abraham Jackson
Abstract
This paper examines the link between informality and corruption, two interlinked phenomena that have negative impacts on economic development. The paper presents a neoclassical model simulation that illustrates how informality can drive corruption in the economy, emphasizing the incentives for corruption in an economy with informal and formal sectors. The model provides insight [...] Read more

Journal Article
Labour Market Flexibility and Long-Run Growth in Developed Economies
by Raffaella Belloni , W. Robert J. Alexander  and  Sajid Anwar
Abstract
We examine the relationship between labour market flexibility, as measured by employment protection legislation (EPL), and long-term economic growth in developed economies from 1995 to 2022. We consider conflicting viewpoints on whether rigid labour market regulations hinder or promote economic growth. Employing a cross-country regression model, controlling for factors includin [...] Read more

Journal Article
Protection in DRM and pricing strategies for digital products considering quality degradation
by Linlan Zhang  and  Yu Zhang
Abstract
In this paper, we develop a model in which a monopolistic firm manufactures and sells a digital product, by incorporating digital rights management (DRM), quality degradation of pirated products, and government copyright enforcement into the consumer’s utility function. We determine the monopolist’s optimal pricing strategies and the appropriate DRM protection level [...] Read more