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Articles ( Showing 21-40 of 225 items)
Searched for: [ Keywords: "Policy Analysis" ] clear all
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

Journal Article
Navigating Economic and Climate Uncertainties on Output: A Case Study of Nigeria
by Dalhatu Bello
Abstract
This is the first study to examine how Nigerian output is affected by the news-based Economic Policy Uncertainty Index by Tumala et al. (2023) and Climate Uncertainty Index by Salisu et al. (2023). Using ARDL and Granger causality on quarterly data from 2016Q2 to 2024Q1, the findings show that increased economic and climate uncertainties result in decreased output. Additionally [...] Read more
Hit Affiliation:
Monetary Policy Department, Central Bank of Nigeria, Garki Abuja, Nigeria

Journal Article
Probability of Achieving NDC and Implications for Climate Policy: CO-STIRPAT Approach
by Ick Jin
Abstract
This paper presents an analytical framework to assess the probability of achieving nationally determined contributions (NDC). The prediction model based on the Kaya identity is used to simulate the pathway of carbon emission until the target year. Applying the modified STIRPAT framework (named CO-STIRPAT) to data observed in South Korea shows that the probability that the predi [...] Read more
Hit Affiliation:
Director General, Economic Analysis Department of the National Assembly Budget Office, Seoul, Korea

Journal Article
A pipeline between producer and consumer prices in Ghana: A Policy Issue
by Johnson Worlanyo Ahiadorme  and  Linda Akoto
Abstract
As prices have grown at their fastest pace in recent times, inflation has become a key concern for the macro-policy environment. In many jurisdictions, consumer prices have typically formed the basis for price stability policies. Notwithstanding, producer prices remain an important channel and must be closely watched. We utilise data on Ghana and investigate the causal links be [...] Read more

Letter
The impact of economic policy uncertainty on the profitability of China’s listed export enterprises
by Liping Zheng
Abstract
Based on the empirical data of 6110 listed export companies in China from 2010 to 2019, this paper studies the impact of China's economic policy uncertainty (EPU) index on the profitability of listed companies from the specific perspective of export companies, and analyzes the moderating effects of different factors on this impact. The results show that China's EPU index has a [...] Read more

Journal Article
Innovation in creative industries: Bibliometrix analysis and research agenda
by Paulin Gohoungodji
Abstract
Innovation has received a great attention in the creative industries literature. We propose in this study a bibliometric method to examine the literature on innovation in creative industries (ICI). A file of 656 manuscripts published on ICI between 1998 and 2022 was retrieved from the Web of Science Core Collection for analysis. The results highlight the evolution of study volu [...] Read more

Journal Article
Dilemma for fiscal policies: supporting economic activity, or ensuring public debt sustainability?
by Séverine Menguy
Abstract
We study analytically the conflict of goals between stabilizing economic activity and public debt sustainability, for the fiscal authorities. In the short run, an active and expansionary fiscal policy, increasing public investment or reducing the labor taxation rate, is growth enhancing. However, as these short term fiscal policies also decrease government revenue and increase [...] Read more

Journal Article
Does the ‘Double Reduction’ Policy Reduce ‘Rat Race’? A Natural Experimental Study in China
by Philip Arestis , Mianshan Lai , Jiale Yang  and  Yuexun Zhong
Abstract
This paper investigates the effects of an unprecedented education policy called ‘double reduction’ (DR) on students’ performance, with evidence from China. One of the significant changes brought about by this policy is the transition of examination scores from a numerical system to a grading system. We found a junior middle school in a small town in Guangzhou [...] Read more

Journal Article
Green Credit Policy, Institution Supply and Enterprise Green Innovation
by Chunji Zheng , Feng Deng , Chengfeng Zhuo  and  Weiheng Sun
Abstract
Green credit policy (GCP) relies on financial means to promote environmental governance. Whether it can achieve the goals of economic development and environmental protection, especially in the context of different institutional supplies, remains to be scientifically tested. Based on the implementation of China’s Green Credit Guidelines in 2012, this study uses panel data [...] Read more

Journal Article
The impact and mechanism of the relaxation of fertility policy on income distribution: Evidence from China's Selective Two Children Policy
by Qian Huang , Shoulin Fang , Dongmei Wang , Weiheng Sun , Youcheng Zhou  and  Feiling Lu
Abstract
Numerous studies have explored the impact of family planning policies on income distribution, but the impact of policy relaxation remains largely unexplored. To address this gap, we investigate the effects of China's selective two-child policy, which was implemented in 2013, using provincial panel data from 2011 to 2016. Specifically, we employ a generalized difference-in-diffe [...] Read more

Journal Article
Convexity of the Phillips Curve and Difficulty of Monetary Policy to Fight against Inflation
by Séverine Menguy
Abstract
We propose a theoretical model that underlines the implications of a non-linear Phillips curve for the difficulty of monetary policy to fight against inflationary tensions similar to those encountered in 2021 and 2022 at a worldwide level, due to the resumption of demand after the COVID crisis and to the war in Ukraine. In such non-linearities, the interest rate becomes an asym [...] Read more

Journal Article
Sources of Productivity Growth in the Indonesian Manufacturing Industries
by Martha Primanthi  and  Kaliappa Kalirajan
Abstract
Generating output growth by adding more inputs into the production process may not be sustainable in the long run for any economy, given the limited resources. On the other hand, if productivity growth dominates the production process, it will generate more output without excessive increase in input use. Hence, this paper examines whether the output growth in Indonesia’s [...] Read more
Hit Affiliation:
Arndt Corden Department of Economics, Crawford School of Public Policy, Australian National University, Canberra, Australia

Journal Article
Evaluating Classical and Artificial Intelligence Methods for Credit Risk Analysis
by Bruno Reis  and  António Quintino
Abstract
Credit scoring remains one of the most important subjects in financial risk management. Although the methods in this field have grown in sophistication, further improvements are necessary. These advances could translate in major gains for financial institutions and other companies that extend credit by diminishing the potential for losses in this process. This research seeks to [...] Read more

Journal Article
An Empirical Study of the Policy of Low-Carbon City Pilot on the Level of Green Technological Innovation
by Xiaojun Liu , Hongyuan Bi  and  Yu Teng
Abstract
The low-carbon city pilot is an important policy for promoting sustainable development and addressing climate change. The level of green technological innovation is a significant driving force for China's transition to high-quality development and the realization of carbon peaking and carbon neutrality goals. This essay takes the panel data of 30 provinces in China from 2008 to [...] Read more

Journal Article
Has the development of the digital economy increased corporate financial asset holdings? --A quasi-natural experiment based on the "Broadband China" policy
by Xiuhai Huang  and  Zhenyu Xu
Abstract
A differences-in-differences (DID) model and financial data from Chinese listed firms from 2011 to 2019 are used to empirically investigate the effects of the digital economy on corporate financial asset holdings using the "Broadband China" policy as a quasi-natural experiment. After robustness testing and heterogeneity effects are disposed of, the digital economy dramatically [...] Read more

Journal Article
The role of financial drivers on regional economic resilience: Does information technology level matter?
by Xiaoli Hao  and  Junhong Qu
Abstract
Economic globalization has intensified economic volatility around the world, and the importance of economic resilience has become increasingly prominent in the face of rising uncertainty due to frequent domestic and foreign shocks. Based on provincial panel data in China from 2008-2019, a comprehensive indicator system is constructed to measure regional economic resilience (RER [...] Read more

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

Journal Article
The Impact of Economic Policy Uncertainty on Systemic Risk in the Fintech Industry: Evidence from Crisis Events and the COVID-19 Pandemic
by Aktham Maghyereh  and  Jinxin Cui
Abstract
This paper investigates the effect of economic policy uncertainty (EPU) on the systemic risk of the fintech industry. To achieve this goal, we first estimate the evolution of system-wide systemic risk using the CatFin method. We further examine whether EPU significantly affects systemic risk. Our findings demonstrate that the systemic risk of the fintech industry is time-varian [...] Read more

Journal Article
Macro-level insurance for financing post-disaster recovery: The case of National Disaster Insurance Policy in Sri Lanka
by Gayan Wedawatta , Nadeeshani Wanigarathna , Anuruddha Vijekumara  and  Maheshi Tennakoon
Abstract
This paper evaluates the use of macro-level insurance to finance post-disaster recovery and reinstatement by investigating the case of the National Disaster Insurance policy implemented by Sri Lanka. The national scheme provided cover for all properties in the country against hazards such as flooding and provided compensation for those affected. Analysis of secondary data obtai [...] Read more

Journal Article
Welfare fragmented information effects: The cost-benefit analysis and Trade-offs
by Emna Trabelsi
Abstract
We offer an extensive analysis of the significance of information within the realm of Gaussian quadratic economies. We build upon the seminal papers of Morris and Shin (2002, 2007) and consider a signal game of incomplete information. Particularly, we question the suitability of partial transparency portrayed by fragmented information in addition to the private signal in terms [...] Read more
Hit Affiliation:
University of Tunis, Higher Institute of Management of Tunis, Social and Economic Policy Analysis Laboratory. Tunisia.