经济学最新文献

{"title":"Coupling coordination evolution of the settlements-farming system and its optimization path: Keys to sustainable rural development in the Three Gorges Reservoir Area of China","authors":"Lulu Qu ,&nbsp;Zhiquan Tu ,&nbsp;Jilai Liu ,&nbsp;Yurui Li","doi":"10.1016/j.habitatint.2025.103456","DOIUrl":"10.1016/j.habitatint.2025.103456","url":null,"abstract":"<div><div>The stability and coordinated development of the settlements–farming system (SFS) in mountainous regions are vital for ensuring food security and ecological sustainability, particularly in complex terrain zones such as the Three Gorges Reservoir Area (TGRA) of China. Existing studies have largely overlooked the nonlinear feedback mechanisms and spatiotemporal dynamics underpinning rural settlements–farming interactions in mountainous contexts. To address this gap, this study integrates system dynamics modeling—with implementation in Vensim—and the entropy weight method for indicator weighting to evaluate the coupling coordination of the SFS in the mountainous areas of Chongqing within the TGRA. Through multi-scenario simulations, the research investigates how endogenous and exogenous drivers influence the evolution and optimization of the SFS over the period 2005–2020. The findings reveal that: ①Under the status quo development mode, the coupling coordination of the SFS in the TGRA exhibits a favorable trend, with an average annual growth rate of 2.5 % during 2005–2020. ②Endogenous dynamics, such as farmland utilization efficiency, mainly drive the coupling evolution of the SFS by enhancing land development in the reservoir area and responding to technological innovations and policy reforms. ③Exogenous dynamics, such as the degree of government expectation fulfillment, also influence the system by limiting excessive government interventions. However, endogenous dynamics have a significantly stronger effect than exogenous dynamics on the system's evolution. Therefore, it is essential to balance policy support with the improvement of endogenous dynamics to promote the region's sustainable development. This study contributes theoretical and methodological innovation by embedding dynamic feedback analysis into SFS evaluation and identifying key leverage points for rural revitalization. It also offers targeted policy recommendations to support the sustainable rural development of mountainous territorial systems, emphasizing a human–land systems perspective that aligns land structure optimization with ecological restoration and rural well-being.</div></div>","PeriodicalId":48376,"journal":{"name":"Habitat International","volume":"163 ","pages":"Article 103456"},"PeriodicalIF":6.5,"publicationDate":"2025-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144288750","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Binary Self-Selective Voting Rules","authors":"Héctor Hermida-Rivera,&nbsp;Toygar T. Kerman","doi":"10.1111/jpet.70039","DOIUrl":"https://doi.org/10.1111/jpet.70039","url":null,"abstract":"<p>This paper introduces a novel binary stability property for voting rules—called binary self-selectivity—by which a society considering whether to replace its voting rule using itself in pairwise elections will choose not to do so. In Theorem 1, we show that a neutral voting rule is binary self-selective if and only if it is universally self-selective. We then use this equivalence to show, in Corollary 1, that under the unrestricted strict preference domain, a unanimous and neutral voting rule is binary self-selective if and only if it is dictatorial. In Theorem 2 and Corollary 2, we show that whenever there is a strong Condorcet winner; a unanimous, neutral, and anonymous voting rule is binary self-selective (or universally self-selective) if and only if it is the Condorcet voting rule.</p>","PeriodicalId":47024,"journal":{"name":"Journal of Public Economic Theory","volume":"27 3","pages":""},"PeriodicalIF":1.1,"publicationDate":"2025-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jpet.70039","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144281433","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Estimates of earnings returns by field of study for-profit schools and community colleges","authors":"Christopher Jepsen ,&nbsp;Peter Mueser ,&nbsp;Kenneth Troske ,&nbsp;Kyung-Seong Jeon","doi":"10.1016/j.econedurev.2025.102675","DOIUrl":"10.1016/j.econedurev.2025.102675","url":null,"abstract":"<div><div>We estimate labor-market returns for students pursuing certificates or associate’s degrees in eight broad fields of study at for-profit institutions and community colleges. The data contain 400,000 students beginning their studies between 2005 and 2012 in one state. We estimate two-step models to address recent econometric concerns with two-way fixed-effects models. Our analyses show important differences in return by field, with similar patterns for for-profit schools and community colleges. Apart from those studying in health fields, returns are generally greater for those attending for-profit schools than those attending community colleges. Higher estimated overall returns for for-profit schools are not primarily due to differences in areas of study.</div></div>","PeriodicalId":48261,"journal":{"name":"Economics of Education Review","volume":"107 ","pages":"Article 102675"},"PeriodicalIF":1.8,"publicationDate":"2025-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144280369","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Climate risks and financial stability: Evidence on the effectiveness of climate-related financial policies","authors":"Paola D’Orazio","doi":"10.1016/j.irfa.2025.104304","DOIUrl":"10.1016/j.irfa.2025.104304","url":null,"abstract":"<div><div>This paper investigates the impact of climate-related risks on financial stability, focusing on the role of climate-related financial policies. Using a panel dataset of 88 countries from 2000 to 2020, the study examines how physical and transition risks, proxied by CO<span><math><msub><mrow></mrow><mrow><mn>2</mn></mrow></msub></math></span> emissions, climate vulnerability indices, and the Global Climate Risk Index, affect key financial stability indicators, including the Bank Z-score, non-performing loans (NPL) ratio, and liquidity ratio. By incorporating the Climate-Related Financial Policy Index (CRFPI), the analysis contributes to the literature by quantifying the effectiveness of climate-related financial policies in mitigating financial risks. The findings reveal that climate risks increase financial instability. However, countries with stronger climate-related financial policies exhibit greater financial resilience, particularly through lower NPL ratios and improved liquidity conditions. Overall, the results suggest that while CRFPI mitigates financial instability, its impact on solvency risk is less pronounced. Moreover, the effectiveness of these policies shows diminishing returns at higher levels of regulatory intensity. These findings underscore the importance of integrating climate considerations into financial regulatory frameworks while ensuring a balanced approach to policy design.</div></div>","PeriodicalId":48226,"journal":{"name":"International Review of Financial Analysis","volume":"105 ","pages":"Article 104304"},"PeriodicalIF":7.5,"publicationDate":"2025-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144280821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Exchange rate pass-through and importers’ credit constraints: Evidence from China","authors":"Yao Amber Li ,&nbsp;Lingfei Lu ,&nbsp;Tengyu Zhao","doi":"10.1016/j.jebo.2025.107044","DOIUrl":"10.1016/j.jebo.2025.107044","url":null,"abstract":"<div><div>This paper examines the patterns of exchange rate pass-through (ERPT) into import prices among Chinese firms, and investigate the role played by credit constraints as well as sourcing diversity in shaping the degree of ERPT. Using highly dis-aggregated firm-product-country-level transaction data from 2000 to 2007, we find that (1) the average level of ERPT into import prices in China is around 73%; (2) for importers in financially more constrained sectors, ERPT tends to be more complete; (3) a higher extent of firms’ import sourcing diversity leads to a less complete pass-through and partially offsets the effects of credit constraints. Our findings provide convincing evidence of the significance of credit constraints in affecting ERPT into import prices. Furthermore, a more diversified import sourcing network can enhance the ability of importers to cope with exchange rate shocks and help alleviate the impact of financial constraints on exchange rate fluctuations. Finally, we provide theoretical explanations for the findings.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"236 ","pages":"Article 107044"},"PeriodicalIF":2.3,"publicationDate":"2025-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144281026","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Limits to degrowth? Exploring patterns of support for and resistance against degrowth policies","authors":"Kristian Kongshøj,&nbsp;Troels Fage Hedegaard","doi":"10.1016/j.ecolecon.2025.108699","DOIUrl":"10.1016/j.ecolecon.2025.108699","url":null,"abstract":"<div><div>Degrowth policies seek to ensure that well-being and human needs are met while simultaneously reducing resource use and environmental impacts to bring them within planetary boundaries. While much scholarly interest has focused on developing political paths towards degrowth and their associated policies, we know less about public support for such policies. Given that the suggested policies are usually quite radical or transformative, public reactions are important to determine whether the policies are politically viable. This study extends the literature by examining both support for and resistance against nine degrowth policies: reduced working hours, banning advertisements for harmful consumption, a jobs guarantee, minimum and maximum incomes, higher taxes on capital gains, alternative forms of housing, public transportation and reduced livestock production. The analysis is based on a 2024 survey performed in Denmark. While support is relatively evenly distributed among policies, resistance is concentrated on radically redistributive policies (minimum income, maximum income and capital gains) and reducing animal production. Results show that support and resistance are shaped by well-known predictors of attitudes to eco-social and environmental policies, including climate attitudes, environmental values, ideology, income and age, but these predictors also vary across policies.</div></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"237 ","pages":"Article 108699"},"PeriodicalIF":6.6,"publicationDate":"2025-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144288888","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Renewable energy investment in China's new demonstration cities: A quasi-natural experiment","authors":"Jiazhen Ren ,&nbsp;Ying Liu ,&nbsp;Yida Ren ,&nbsp;Ping Zhang","doi":"10.1016/j.jup.2025.101996","DOIUrl":"10.1016/j.jup.2025.101996","url":null,"abstract":"<div><div>Renewable energy investment (REI) plays a vital role in the country's transition toward a cleaner energy mix. To optimize environmental policy and enhance energy supply stability, China has implemented the New Energy Demonstration Cities (NEDC) initiative. This analysis utilizes panel data from China's A-share listed companies, spanning 2000 to 2023, and conducts a quasi-natural experiment on the NEDC initiative—viewed as a comprehensive policy intervention—to evaluate its impact on REI and explore the underlying mechanisms. The results show that NEDC policies significantly stimulate REI, leading to a 57.44 % increase in investment. Mechanism analysis reveals that these policies promote REI mainly by easing financing constraints, increasing government subsidies, and reducing information asymmetry. Heterogeneity analysis further indicates that the positive effects of NEDC policies on REI are more pronounced in non-state-owned enterprises and large firms. The findings offer important policy implications for advancing China's green, low-carbon, and sustainable development goals.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"96 ","pages":"Article 101996"},"PeriodicalIF":3.8,"publicationDate":"2025-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144288900","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Powering through the storm: Assessing the resilience of electricity sociotechnical systems in typhoon-impacted coastal communities","authors":"Eireka Orlido Meregillano ,&nbsp;Laurence L. Delina","doi":"10.1016/j.erss.2025.104172","DOIUrl":"10.1016/j.erss.2025.104172","url":null,"abstract":"<div><div>The increasing frequency and severity of extreme weather events pose significant challenges for coastal communities in typhoon-prone regions of the Philippines, particularly in maintaining reliable electricity systems. This paper investigates the interactions among hazards, vulnerabilities, and risks that characterise the sociotechnical frameworks of electricity systems in the Calamianes Islands of Palawan. We employed qualitative research methods, including interviews and focus group discussions, to illustrate how typhoons exacerbate existing vulnerabilities, resulting in heightened risks to electricity infrastructure. Our key findings indicate that additional hazards like storm surges and landslides cause substantial damage to electrical assets. Concurrently, technical vulnerabilities—such as ageing infrastructure and limitations within the workforce—intensify these impacts. Moreover, social vulnerabilities, which include household socioeconomic status and communication barriers, further complicate the resilience of these systems. Disruptions to electricity supply originate from physical damage and the interconnectedness of essential services, leading to cascading effects on community well-being. We underscore the necessity of adopting an integrated approach to disaster risk management that considers the sociotechnical dimensions of electricity systems. These insights are crucial for enhancing the resilience of electricity systems in the face of climate change and emerging challenges.</div></div>","PeriodicalId":48384,"journal":{"name":"Energy Research & Social Science","volume":"126 ","pages":"Article 104172"},"PeriodicalIF":6.9,"publicationDate":"2025-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144279405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Factors That Influence Willingness to Commit Insurance Fraud","authors":"Brenda J. Cude,&nbsp;Hanchun Zhang","doi":"10.1111/joca.70015","DOIUrl":"https://doi.org/10.1111/joca.70015","url":null,"abstract":"<p>Insurance fraud increases premiums for all U.S. households and undermines the insurer/insured relationship. This article examines willingness to commit insurance fraud using data from an online survey completed by 1505 U.S. adults and analyzed using multiple linear regression analysis. Roughly one-half of the sample would never commit any of the nine types of insurance fraud in the survey. Fewer than 20% (17.2%) of the respondents said they had committed at least one of the types of fraud. Both of the moral intensity variables were significant, but the signs were opposite. Moral Intensity PC1 (Magnitude of Consequences, Probability of Effect, Temporal Immediacy, and Concentration of Effect) was negatively related to willingness to commit insurance fraud, while Moral Intensity PC2 (Social Consensus and Proximity) was positively related. Peer acceptance was significantly and positively related to willingness to commit insurance fraud, while the relationship with the belief that insurance fraud is a crime was negative. Several control variables were significant, including age; older respondents were significantly less likely to be willing to commit insurance fraud than younger respondents. The article concludes by discussing future directions for research and practical implications for consumer educators.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":"59 2","pages":""},"PeriodicalIF":2.5,"publicationDate":"2025-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joca.70015","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144281586","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Social license to operate: an institutional critique and research framework","authors":"Johannes Glückler,&nbsp;Denise Gutiérrez","doi":"10.1016/j.resourpol.2025.105657","DOIUrl":"10.1016/j.resourpol.2025.105657","url":null,"abstract":"<div><div>The concept of Social License to Operate (SLO) addresses the need for mutual acceptance among governments, civil society, and private actors of what is considered as legitimate resource development. We identify two key shortcomings in current understandings of SLO: a dominant managerial lens that fails to account for the collective and institutional dimensions of an SLO, and the flawed belief that the mere absence of conflict signifies the presence of a social license. To address these gaps, we conceptualize SLO as a social institution, introduce a heuristic framework for empirical analysis, and explore the role of governance in fostering and sustaining an SLO. A reconstruction of the arduous evolution of a mining project in Chile illustrates how this framework helps assess institutional alignment, trace the governance process, and understand place-specific SLO dynamics. We conclude by emphasizing how this perspective offers practical insights for achieving inclusive development in resource-dependent regions.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"107 ","pages":"Article 105657"},"PeriodicalIF":10.2,"publicationDate":"2025-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144279771","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}