{"title":"Debt as a US defence spending consideration since the end of World War II. Part One: Truman to Johnson","authors":"David Tier","doi":"10.1111/ecaf.70003","DOIUrl":"https://doi.org/10.1111/ecaf.70003","url":null,"abstract":"<p>US presidents have explicitly addressed trade-offs between adequate military budgets and accruing national debt. Presidents have deliberately considered reductions to defence spending as part of a plan to shrink deficits, but they have also found there is a level of defence spending beneath which they dare not fall. This study reports the results of an examination of primary source documents, speeches, and other records seeking to determine the extent to which presidential administrations considered fiscal balances when making defence spending decisions. Part One addresses the administrations of Presidents Truman through Johnson. Part Two covers Presidents Nixon through Biden. These results inform debates over the US national debt, deficit spending, and the mixtures of spending cuts and revenue increases which are practical to achieve a balanced budget.</p>","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 3","pages":"368-394"},"PeriodicalIF":1.8,"publicationDate":"2025-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145327727","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"China's 2024 economic stimulus","authors":"Kerry Liu","doi":"10.1111/ecaf.70009","DOIUrl":"https://doi.org/10.1111/ecaf.70009","url":null,"abstract":"<p>This study reviews China's largest post-COVID economic stimulus, launched in September–October 2024, examining its background, policy contents, early effects, and broader implications. Specifically, triggered by worsening economic conditions, the package aimed to stabilise stock and real estate markets, support consumption, and ease local financial stress while continuing strategic hi-tech development. By March 2025, results were mixed – weak demand persisted, but favoured sectors showed gains. This episode illustrates China's balancing act between short-term fixes and long-term ambitions, development and security, and reflects growing state intervention in the economy. It offers insights for understanding China's evolving policy logic and navigating debates on its future trajectory, including the ‘Peak China’ discourse.</p>","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 3","pages":"440-460"},"PeriodicalIF":1.8,"publicationDate":"2025-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145327800","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"An economic evaluation of renewable energy development in Russia's Arctic region","authors":"Oleg Dubinskii","doi":"10.1111/ecaf.70008","DOIUrl":"https://doi.org/10.1111/ecaf.70008","url":null,"abstract":"<p>This study examines the anticipated socio-ecological and economic impacts of a mechanism to promote renewable energy development in Russia. The proposed mechanism supports the government's objective of increasing renewable energy share to 2.5 per cent of total energy production and consumption in the wholesale electricity and capacity market by 2030. A quantitative analysis of these effects within Russia's Arctic zone indicates an estimated impact valued at RUB 11.34 billion in 2030. The findings highlight the potential for renewable energy to contribute significantly to the sustainable development of regions with harsh environmental conditions, by reducing carbon emissions and diversifying energy sources. The study also underscores the importance of targeted policies and financial incentives for renewable energy development. The research provides important insights for stakeholders and policymakers aiming to balance economic growth with environmental sustainability. It also identifies specific policy recommendations for fostering a robust and sustainable renewable energy sector in Russia's Arctic Zone.</p>","PeriodicalId":44825,"journal":{"name":"ECONOMIC AFFAIRS","volume":"45 3","pages":"522-544"},"PeriodicalIF":1.8,"publicationDate":"2025-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145327804","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Bo Yang, Hong Jiao, Qingqing Fan, Jiawen Chen, Jiaxue Liu
{"title":"Does reusing scientific datasets reduce the impact of the papers?","authors":"Bo Yang, Hong Jiao, Qingqing Fan, Jiawen Chen, Jiaxue Liu","doi":"10.1016/j.joi.2025.101737","DOIUrl":"10.1016/j.joi.2025.101737","url":null,"abstract":"<div><div>Data reuse is increasingly advocated as a strategy to enhance research reproducibility, accelerate project progress, and reduce research costs. Although few dispute the principle of data reuse, its effect on citation performance in experiment-based or data-intensive studies remains uncertain. To dispel concerns about the impact of data reuse on research, researchers require clear evidence of its benefits. This study employs informetric analysis, analysis of variance, and multiple linear regression to conduct a large-scale investigation of scientists’ dataset (re)use behavior, providing direct evidence of the citation performance of their research. The results show that: (i) The volume of released data in biomedical and life sciences continues to grow steadily; however, tracking the (re)use of Gene Expression Omnibus datasets over time shows that actual utilization and reuse have not kept pace with; (ii) Papers that declare the reuse of released datasets, especially those reusing their own data (self-reuse), garner more citations, indicating that dataset reuse does not negatively impact citation performance and may even enhance it; (iii) Our co-citation model predicts that, owing to the “sheep flock effect,” data reuse could increase the exposure of reusers’ related works and subsequently enhance the citation performance of their other publications.</div></div>","PeriodicalId":48662,"journal":{"name":"Journal of Informetrics","volume":"19 4","pages":"Article 101737"},"PeriodicalIF":3.5,"publicationDate":"2025-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145320001","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Understanding Traveler Behavior Before, During, and Post COVID-19","authors":"Xiaoxu Wang, James F. Petrick","doi":"10.1002/jtr.70137","DOIUrl":"https://doi.org/10.1002/jtr.70137","url":null,"abstract":"<p>While much research has been conducted related to COVID-19's impact on travel, little research has examined the underlying determinants of changes in behavior and how it shifted across time. Grounded by the Theory of Planned Behavior (TPB) and the concept of constraint negotiation, this qualitative study simulates a longitudinal method to understand traveler behavior changes before, during, and after the COVID-19 pandemic. In-depth interviews revealed that behavioral changes were and will be influenced by travelers' attitudes, subjective norms, and perceived behavioral control. Furthermore, the results suggest that each dimension of the TPB interacts with the others during the travel decision-making process. Travelers' ability to negotiate constraints was also found to play an important role in influencing participants' behaviors, suggesting it to be a strong addition to the TPB. Practical implications include important directions for destinations to better understand visitors' attitudes, the roles of others, and how to aid in reducing constraints.</p>","PeriodicalId":51375,"journal":{"name":"International Journal of Tourism Research","volume":"27 5","pages":""},"PeriodicalIF":5.7,"publicationDate":"2025-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/jtr.70137","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145317723","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Mohammad Rajib Uddin, Shahriar Akter, Wai Jin (Thomas) Lee, Shlomo Y. Tarba
{"title":"Data Breaches: Fight AI with AI","authors":"Mohammad Rajib Uddin, Shahriar Akter, Wai Jin (Thomas) Lee, Shlomo Y. Tarba","doi":"10.1177/00081256251377346","DOIUrl":"https://doi.org/10.1177/00081256251377346","url":null,"abstract":"Artificial intelligence (AI)-driven data breaches have emerged as one of the biggest challenges for corporations. New threats emerge daily in the form of personalized spear phishing messages, deceptive emails, deepfake voice or video, and disinformation. Research in this domain has so far focused primarily on what measures should be taken after a data breach; however, it remains unclear what capabilities are required to defend a company. To address the unknown and unknowable threats, this study presents how firms can develop AI-powered dynamic capabilities to tackle the next level of AI-generated threats.","PeriodicalId":9605,"journal":{"name":"California Management Review","volume":"48 1","pages":""},"PeriodicalIF":10.0,"publicationDate":"2025-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145314521","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Seieun Kim, Aura Lydia Riswanto, Sonam Sherpa, Hak-Seon Kim
{"title":"Generation Z's Michelin Choices: Survey and Big Data Insights Into Thailand's Michelin-Starred Restaurants","authors":"Seieun Kim, Aura Lydia Riswanto, Sonam Sherpa, Hak-Seon Kim","doi":"10.1002/jtr.70135","DOIUrl":"https://doi.org/10.1002/jtr.70135","url":null,"abstract":"<p>This study explored factors influencing customer satisfaction and visiting intention at Michelin-starred restaurants in Thailand, key attractions for visitors. Using 11,887 Google Maps reviews, frequency and co-occurrence analyses via KH Coder identified four clusters: Food Quality, Service and Ambiance, Value for Money, and Time Risk. EFA and linear regression with SPSS revealed that Food Quality positively affected satisfaction, while Service and Ambiance, Value for Money, and Time Risk had negative impacts. A survey of 291 Generation Z respondents showed Food Quality (<i>β</i> = 0.201, <i>p</i> < 0.001), Service and Ambiance (<i>β</i> = 0.331, <i>p</i> < 0.001), and Value for Money (<i>β</i> = 0.317, <i>p</i> = 0.007) positively influenced attitudes, which strongly affected visiting intentions (<i>β</i> = 0.802, <i>p</i> < 0.001). These findings highlight Food Quality as central to satisfaction and preference formation, urging Michelin-starred restaurants to prioritize culinary excellence to attract and retain customers in a competitive market.</p>","PeriodicalId":51375,"journal":{"name":"International Journal of Tourism Research","volume":"27 5","pages":""},"PeriodicalIF":5.7,"publicationDate":"2025-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/jtr.70135","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145317724","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The ESG-productivity paradox: how ESG performance expectation gaps impede total factor productivity","authors":"Xiaonan Dong","doi":"10.1016/j.jbusres.2025.115775","DOIUrl":"10.1016/j.jbusres.2025.115775","url":null,"abstract":"<div><div>Despite extensive studies on expectation gaps in financial performance, the impact of ESG performance expectation gaps (ESGNGAP) remains underexplored. Based on data from Chinese listed manufacturers (2011–2023), this study examines how ESGNGAP affect firms’ total factor productivity (TFP), offering novel insights into the non-financial drivers of productivity. The findings demonstrate that larger ESGNGAP significantly reduce TFP by intensifying hidden executive corruption (exemplified by excessive on-the-job consumption) and weakening green innovation. This negative effect is mitigated by firms’ digital transformation, executives’ environmental backgrounds, and regional fintech development. Additional analysis reveals that the impact of ESGNGAP on productivity varies across ownership structures and industries. This study enriches the ESG performance feedback literature by revealing the effects of ESGNGAP on productivity.</div></div>","PeriodicalId":15123,"journal":{"name":"Journal of Business Research","volume":"202 ","pages":"Article 115775"},"PeriodicalIF":9.8,"publicationDate":"2025-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145322646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Clint Antonius Hubertus Maria Wolfs , Mădălina Elena Ursache , Evelien Vlijm , Amy Kitchiner , Martijn Zoet
{"title":"Time and space: The missing context in hotel ESG communication","authors":"Clint Antonius Hubertus Maria Wolfs , Mădălina Elena Ursache , Evelien Vlijm , Amy Kitchiner , Martijn Zoet","doi":"10.1016/j.ijhm.2025.104479","DOIUrl":"10.1016/j.ijhm.2025.104479","url":null,"abstract":"<div><div>This study examines the concreteness of environmental, social, and governance (ESG) communication in the hotel sector by applying a spacetime configuration framework alongside the European Sustainability Reporting Standards (ESRS). As stakeholder pressure on ESG practices grows, the clarity and concreteness of disclosures become increasingly important. The study analyzes 1383 statements from annual ESG reports published in English by the top 100 hotel chains ranked by the number of rooms available. Each statement is coded on three dimensions: temporal concreteness, spatial concreteness, and alignment with ESRS categories. Findings indicate that hotels tend to use abstract language in ESG narratives, particularly in social and governance domains, while environmental statements are more likely to include concrete temporal references. Compared to existing literature, these results provide insights into the discourse architecture of ESG sentences rather than their substantive content. Hotel chains should take this into account to enhance the credibility of their ESG reporting.</div></div>","PeriodicalId":48444,"journal":{"name":"International Journal of Hospitality Management","volume":"133 ","pages":"Article 104479"},"PeriodicalIF":8.3,"publicationDate":"2025-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145320402","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}