Issue 3 (September)

Vol. 3 (2024), EAL

2 articles

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Open Access Journal Article
Observable and Unobservable Investment Information in Multiple Markets
by Yoshikazu Ishinagi  and  Joonghwa Oh
EAL  2024 3(3):60; 10.58567/eal03030001 - 15 September 2024
Abstract
This study considers the effects of disclosure conditions on firms' investment decisions when facing an identical competitor in multiple markets. Assuming that there are congestion costs between multiple investments to reduce marginal cost for each market, this study focuses on the cases where the disclosure conditions may differ by market. Like previous studies on single Courn [...] Read more

Open Access Journal Article
Contribution of the Strategic Economic Plan to Singapore’s Long-term Growth: A Synthetic Control Approach
by Júlia Gallego Ziero Uhr , Felipe Weizenmann , Daniel de Abreu Pereira Uhr , Mariana Fialho Ferreira  and  Igor Serpa Moraes
EAL  2024 3(3):61; 10.58567/eal03030002 - 15 September 2024
Abstract
We assess the impact of the Strategic Economic Plan on Singapore’s long-term GDP per capita. To our knowledge, we are the first to evaluate the effect of the 1991 plan on Singapore’s successful growth trajectory using methodologies aimed at causal identification. In other words, this article applies the Synthetic Control method and World Bank data from 1970 to 2018. [...] Read more
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