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Open Access Journal Article
Does High-Speed Rail Really Have a Positive Effect on City Consumption? A PSM-DID Approach With China Case
by Xinshuo Hou , Dongyang Li  and  Jianghuan Peng
Abstract
This paper evaluates the treatment effect of high-speed rail (HSR) operation on city consumption using the dataset of Chinese cities from 2003 to 2019. Firstly, the applicability of observations is discussed; secondly, observations with no appropriate contrast samples are dropped for more precise empirical results. Then, propensity score matching (PSM) is implied to have the da [...] Read more

Open Access Journal Article
The reasons that younger homeowners are less likely to become entrepreneurs: The role of capital constraints
by Mingzhi Hu  and  Xiaoshuang Li
Abstract
Considering that housing is the single biggest asset for most households, owning a home may create barriers to entrepreneurship for young people who generally accumulate relatively little wealth due to a short-term career and low income. Using longitudinal data from the China Family Panel Studies (CFPS) survey, our empirical work suggests that homeowners are associated with sig [...] Read more

Open Access Journal Article
Sustainable development with city, industry, economic and environment: The role of city-industry integration on green economic growth
by Xiaoli Hao , Yuhong Li  and  Ume Lail
Abstract
In order to avoid the real economy development lags behind and the deterioration of ecological problems in the process of traditional urbanization, China has been promoting city-industry deep integration, but the connection between city-industry integration and green economic growth, especially the spatial effect, has not been systematically explained. Based on the panel data f [...] Read more

Open Access Journal Article
Research on The Intermediary Effect of Innovation Ability on The Internationalization and Competitiveness of Western Central-cities
by Ying Zhang  and  Qianxiao Zhang
Abstract
Based on the panel data of western central-cities from 2002 to 2021, this paper uses the intermediary effect model to analyze the relationship between urban internationalization, innovation ability and urban competitiveness. It is found that: (1) The internationalization of western central-cities has a positive and direct impact on the promotion of urban competitiveness, which [...] Read more

Open Access Journal Article
The realization path and effect measurement of ecological value transformation to promote the common prosperity of urban and rural areas
by Zhe Tao , Simeng Liu  and  Jingyi Li
Abstract
On the basis of the background of the global green development wave, this paper studies the mechanism between ecological value transformation and urban-rural common prosperity as well as selects 24 data indicators in relation to ecological value transformation, i.e., green development level from 2008 to 2017, calculate the comprehensive score of China's green development level [...] Read more

Open Access Journal Article
The role of economic development in improvements of Cambodian housing conditions
by Florian Gerth  and  Karol S. Sikora
Abstract
In the past, investing in housing has served as an engine of growth for many economies as it is widely recognized that poor housing conditions can have significant negative impacts on human health, education, and economic opportunities. To assess the housing-related quality of life, indicators such as housing quality, housing environment, and cost burdens can be applied. Howeve [...] Read more

Open Access Journal Article
Underlining issues of emerging economies: a case of East and Southeast Asian Countries
by Mohammad Rezaul Karim  and  Md. Mizanur Rahman
Abstract
Overall development of a country largely depends on the economic policy instruments particularly fiscal and monetary policy to streamline the development and continue the developmental progress. These two policies have significant effects on long-term growth. It is noticed that policy adoption and reforms in both fiscal and monetary policies undertaken by Southeast Asian nation [...] Read more

Open Access Journal Article
Access to Electricity and Primary Education Nexus in Central Africa
by Arsene Mouongue Kelly , Beatrice Laure Toukap Yimele , Nidel Lolita Wassou Tchieu  and  Pascal Ndyanabo Rutazihana
Abstract
Access to electricity, a fundamental element of contemporary life, is essential for economic success. Its impact extends to the fundamental foundations of industrial development and has the power to improve a wide range of industries, including healthcare, transportation, utilities, and education. This article aims to analyse the effect of electricity access on primary educatio [...] Read more

Open Access Journal Article
Does Rocky Mountain Credit Union Competition still Affect Commercial Bank Interest Rates?
by Thomas M. Fullerton , Robert J. Tokle , Bryce Jones  and  Steven L. Fullerton
Abstract
Historically, increased credit union competition in Idaho and Montana has caused commercial banks to offer higher deposit rates to savers and lower loan rates to borrowers. Data are collected for the second quarter of 2018 to examine whether that pattern still holds true. Unlike prior studies, empirical results indicate that credit union competition no longer exerts statistical [...] Read more

Open Access Journal Article
Portfolio Allocation with Medical Expenditure Risk-A Life Cycle Model and Machine Learning Analysis
by You Du  and  Weige Huang
Abstract
This paper explores how the medical expenditure risk affects the households’ portfolio choice across health status theoretically in a life cycle model and empirically using machine learning methods. Medical expenditure risk, as a background risk, has the potential to influence households’ financial decisions. A higher medical expenditure risk leads to a larger fluct [...] Read more

Open Access Journal Article
Regional Economic Development in the AI Era: Methods, Opportunities, and Challenges
by Robertas Damaševičius
Abstract
The dawn of the Artificial Intelligence (AI) era presents a plethora of new possibilities for analyzing regional economic development. The present article provides an in-depth exploration of the methods employed in this field, highlighting the immense opportunities that AI offers while also addressing potential challenges. The role of AI is crucial in complex data handling, ena [...] Read more

Open Access Journal Article
Spatiotemporal pattern evolution and influencing factors of population spatial distribution in Changsha-Zhuzhou-Xiangtan urban agglomeration, China
by Weiping Wu , Wenhua Xie  and  Yuwei Sun
Abstract
Population, as a fundamental element in urban development, often reflects a city's economic development pattern through its spatial distribution and dynamic changes. Studying population spatial distribution is pivotal for bolstering the economic activity capacity in urban agglomerations and guiding regional economic health. Using the Changsha-Zhuzhou-Xiangtan urban agglomeratio [...] Read more