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Articles ( Showing 41-60 of 138 items)
Searched for: [ Keywords: "Policy Regime" ] clear all
Journal Article
Regime Change Operation in Pakistan: Examining Yield as a Behavioral Pattern of Microblogging rumors during the Political-Obsessed Period
by Jawad Saleemi
Abstract
In the behavioral domain, this study discloses the pattern between microblogging-opinionated information and yields on the investment. This phenomenon is particularly related to the political instability in the Pakistan’s economy through the multivariate techniques. Pre-political crisis, the pessimistic sentiments were priced in yields on the investment. In environments o [...] Read more

Journal Article
The Impact of Financial Liberalization Policies on Income Inequality
by Fateh Saci
Abstract
This paper examines impacts of China’s financial liberalization policy on income inequality, through three channels: financial scale, financial structure and financial efficiency, an empirical analysis based on panel data of 30 provinces in China from 1996 to 2013 is conducted. The results confirm the Kuznets effect between financial scale, financial structure and income [...] Read more

Journal Article
An AI-Enhanced Forecasting Framework: Integrating LSTM and Transformer-Based Sentiment for Stock Price Prediction
by Diego Vallarino
Abstract
Forecasting stock prices remains a fundamental yet complex challenge in financial economics due to the nonlinearity, volatility, and exogenous shocks characterizing market behavior. This paper proposes a hybrid deep learning framework that integrates Long Short-Term Memory (LSTM) networks for time-series modeling with Transformer-based architectures for textual sentiment extrac [...] Read more

Journal Article
Economic Policies and Balance of Payments Across Global Income Groups
by Ayesha Iqbal , Min Bai  and  Abhishek Mukherjee
Abstract
This research paper investigates the policy impact of tariff, interest rate, and political stability on balance of payments among three income groups classified by the World Bank. The global panel data is taken from the World Bank from 2002 to 2022 and divided into three groups based on the classification on per capita income into High Income, Upper middle income, and Lower mid [...] Read more

Journal Article
The U.S. Broadband Tribal Gap: An Empirical Evaluation
by George S. Ford
Abstract
Broadband availability is generally lower in the Tribal areas of the United States than in other areas and several policies implemented over the years aim to close that gap. Using data on broadband deployment over the years 2014-2020, progress in closing the Tribal Gap is evaluated. Unmatched and matched sample are used, and a sample of census tracts within 30 miles of a Tribal [...] Read more
Hit Affiliation:
Chief Economist, Phoenix Center for Advanced Legal & Economic Public Policy Studies, Washington, US

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
Unlocking the Potential of Chinese Urban Innovation: The Role of Support Policies for New R&D Institutions from an Innovation Chain Management Perspective
by mingyang Zhang
Abstract
The enactment of policies that bolster new research and development (R&D) institutions stands as a pivotal strategy to catalyze urban innovation and development. Adopting a strategic lens of innovation chain management and employing the Differences-in-Differences (DID) method to scrutinize panel data from 43 Chinese cities spanning 2008 to 2019, this study probes the effica [...] Read more

Journal Article
Keynesian Without the Policy: Why the Business Cycle is all about Business Confidence and Finance
by Karl Johan Bergstrӧ m
Abstract
Many of Keynes´s ideas and concepts are proven correct in this paper. The demand side, mainly business investments, drives the economy. Business firms steer the business cycle via profit expectations and animal spirits. Injections to and withdrawals from the circular flow of income are multiplied throughout the economy in accordance with Keynes´s multiplier. A sudde [...] Read more

Journal Article
The Impact of Digital Infrastructure on China's Green Total Factor Productivity: A Quasi-Natural Experiment Based on the “Broadband China” Pilot Policy
by Xudong Hu , Sen Wang , Jinpei Cao  and  Pu Hao
Abstract
The digital economy has emerged as a crucial driving force for promoting China’s green transformation in the new development phase. The “Broadband China” initiative, a key policy aimed at fostering the digital economy, plays a significant role in enhancing green total factor productivity (GTFP). This paper, based on the "Broadband China" policy and panel data [...] 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
Public Diplomacy and Chinese OFDI: Empirical Evidence from the Africa
by Xinjian Ye , Zhuolin Wu , Shuocong Gu  and  Shikuan Zhao
Abstract
Public diplomacy is a significant factor in promoting policy communication, people-to-people bonds, and the protection of foreign assets between two nations, but there is little research on the economic worth of public diplomacy. Python was used to crawl the daily search frequency of "China", "African countries", and related terms to construct the heat index of China-Africa pub [...] Read more
Hit Affiliation:
School of Public Policy and Administration, Chongqing University, Chongqing, China

Journal Article
Digital Currency and Financial Markets in Nigeria: Impact and Policy Implications
by Chioma Nwosu Peace , Bosha Ernest Oryiman  and  Abubakar Ibrahim Sani
Abstract
The rise of privately issued digital currencies, which primarily serve as alternative investment assets poses a challenge to the traditional financial instruments traded in the financial market. This study examines the dynamic relationship between the major privately issued digital currency (Bitcoin) and two financial market securities in Nigeria. The paper employed Vector Auto [...] Read more

Journal Article
The Impact of Automobile Purchase Restriction on Urban Air Quality: Experimental Evidence from Beijing, China
by Fengyu Cheng , Jianping Liao , Kenichiro Soyano  and  Feiling Lu
Abstract
It's critical for environmental governance to understand the effectiveness of policy interventions as well as their working mechanisms. This paper focuses on the vehicle license plate-based management, a sort of policy intervention understudied in environmental governance literature. Specifically, we study the automobile purchase restriction (APR), a major method of license man [...] Read more
Hit Affiliation:
Department of Law and Public Policy, Takaoka University of Law, Toyama-ken, Japan

Journal Article
The Impact of Climate Change on Actual Output in Some Selected Countries in Africa: A Specific Focus on Greenhouse Gas Emission
by Richard Umeokwobi , John Owusu-Afriye  and  John Abu
Abstract
This study seeks to investigate how climate change affects actual output in African countries, using greenhouse gas emission as a case study. This paper uses the actual output of Nigeria, Ghana, Liberia, The Gambia, Cabo Verde, and Sierra Leone for the analysis. Climate change is proxied by greenhouse gas emission, which are extracted from the International Monetary Fund (IMF) [...] Read more
Hit Affiliation:
Monetary Policy Department, Central Bank of Nigeria, Abuja, Nigeria

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
Hit Affiliation:
Department of Economic Policy Analysis, University of Dschang,Dschang,Cameroon

Journal Article
External Reserve and the Elasticity of Substitution between Domestic and Foreign Investment in Africa
by Richard Umeokwobi , Victor Ocheni  and  Isah Auwal
Abstract
The Paper investigates the elasticity of substitution between foreign direct investment (FDI) and private domestic investment on the external reserves of some selected 14 African countries. To achieve the objective of the best substitutability of investment suitable for Africa, using data on gross fixed capital formation as a proxy for private domestic investment, inflatio [...] Read more
Hit Affiliation:
Monetary Policy Department, Central Bank of Nigeria, Abuja, Nigeria

Journal Article
Spatial dynamic evolution of environmental infrastructure governance in China
by Ke Guo
Abstract
The implementation of environmental protection strategy necessarily requires mapping the amount of capital stock of environmental infrastructure. Through the Weibull distribution function and hyperbolic age-decreasing efficiency model, the provincial environmental infrastructure capital stock in China from 1980 to 2018 is measured cautiously, and its spatial dynamics with the g [...] Read more
Hit Affiliation:
School of Public Policy and Administration, Chongqing University, Chongqing, China

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
Financial Inclusion and Environmental Sustainability in Emerging and Developing Countries: Do control of corruption and trade openness matter?
by Emna Trabelsi  and  Thouraya Fhima
Abstract
This study investigates the impact of financial inclusion on environmental sustainability in 178 emerging and developing countries from 1996 to 2022. Employing a composite index derived through Principal Component Analysis (PCA) as a measure of financial inclusion and covering four aspects (access, depth, efficiency, stability), our analysis reveals negative outcomes. The findi [...] Read more
Hit Affiliation:
Department of Quantitative Methods, Higher Institute of Management of Tunis, Social and Economic Policy Analysis Laboratory, Bouchoucha City, Tunis, Tunisia

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
Hit Affiliation:
Department of Economics, Policy and International Business, Manchester Metropolitan University, Manchester, UK