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Seeing disparity: Marketization and perceived inequality in North Korea 看到差距:朝鲜的市场化和感知不平等
IF 4.8 1区 经济学
World Development Pub Date : 2025-09-09 DOI: 10.1016/j.worlddev.2025.107179
Yongshin Cho , Taekbin Kim
{"title":"Seeing disparity: Marketization and perceived inequality in North Korea","authors":"Yongshin Cho ,&nbsp;Taekbin Kim","doi":"10.1016/j.worlddev.2025.107179","DOIUrl":"10.1016/j.worlddev.2025.107179","url":null,"abstract":"<div><div>This study explores how market participation is associated with perceptions of economic inequality in North Korea, a tightly controlled authoritarian state. Since the near-collapse of the Public Distribution System in the late 1990 s, informal markets have emerged as a primary source of income for many North Koreans, operating alongside the state-controlled economy. Drawing on survey data from 1,241 North Korean defectors, this research examines the relationship between market participation, perceived inequality, and perceptions of leadership accountability. The findings suggest that individuals engaged in market activities are more likely to perceive economic inequality, possibly because markets provide alternative channels of information through social comparison. Additionally, those who recognize greater inequality tend to attribute economic hardship to the Supreme Leader. These results indicate that marketization, beyond its economic role, may contribute to heightened social awareness and perceptions that challenge the regime’s ideological control. This study contributes to broader discussions on authoritarian resilience, showing that even limited forms of economic liberalization may be associated with declining ideological conformity and increasing demands for accountability.</div></div>","PeriodicalId":48463,"journal":{"name":"World Development","volume":"196 ","pages":"Article 107179"},"PeriodicalIF":4.8,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145018928","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}
引用次数: 0
Urban management professions through a gendered lens: Women’s participation in Saudi Arabia’s urban planning sector 性别视角下的城市管理专业:妇女参与沙特阿拉伯城市规划部门
IF 6.6 1区 经济学
Cities Pub Date : 2025-09-09 DOI: 10.1016/j.cities.2025.106442
Salem I. Aljoaib , Abdulaziz I. Almulhim
{"title":"Urban management professions through a gendered lens: Women’s participation in Saudi Arabia’s urban planning sector","authors":"Salem I. Aljoaib ,&nbsp;Abdulaziz I. Almulhim","doi":"10.1016/j.cities.2025.106442","DOIUrl":"10.1016/j.cities.2025.106442","url":null,"abstract":"<div><div>The ongoing lack of normalization of women's participation in male-dominated professions represents a significant barrier to their full and effective engagement in the global workforce. The limited inclusion of women in decision-making roles and the exclusion of their knowledge and lived experiences further reinforce systemic inequalities —particularly in the Middle East. In response, this study is grounded in literature that underscores the importance of mainstreaming gender into urban management as a critical pathway to achieving socio-spatial justice and building sustainable cities. Focusing on the urban planning sector in Saudi Arabia, the study examines women's representation and decision-making capacity. It aims to investigate the extent of women's participation in urban management, identify key challenges, and offer practical recommendations for improvement. Data were collected using a snowball sampling method through an online survey administered to 111 respondents and analyzed using descriptive statistics. Findings indicate that women's involvement in urban planning decision-making processes remains limited. Consequently, the study highlights the need for strong policy, legal, and regulatory measures to advance gender equality in urban management. Additionally, it recommends investing in education and training, promoting gender sensitivity and awareness, and cultivating inclusive organizational cultures-factors that are equally vital and often yield more sustainable, long-term results.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"168 ","pages":"Article 106442"},"PeriodicalIF":6.6,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145019583","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}
引用次数: 0
The systemic nature of European uncertainty 欧洲不确定性的系统性本质
IF 1.8 4区 经济学
Economics Letters Pub Date : 2025-09-09 DOI: 10.1016/j.econlet.2025.112610
Daniel Pastorek, Svatopluk Kapounek, Peter Albrecht
{"title":"The systemic nature of European uncertainty","authors":"Daniel Pastorek,&nbsp;Svatopluk Kapounek,&nbsp;Peter Albrecht","doi":"10.1016/j.econlet.2025.112610","DOIUrl":"10.1016/j.econlet.2025.112610","url":null,"abstract":"<div><div>Our paper explores the structural nature of Economic Policy Uncertainty (EPU) in the EU, showing it is shaped by European integration rather than purely country-specific factors. Using a new European Integration Uncertainty Index, we find strong institutional and financial interdependence among member states. Uncertainty connectedness is persistently high (50–60%), with France, Germany, and the UK as key transmitters. We also identify both persistent and episodic transmitters, reflecting structural vulnerabilities and institutional linkages within the EU. These findings highlight the systemic nature of uncertainty propagation across EU countries.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"256 ","pages":"Article 112610"},"PeriodicalIF":1.8,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145046918","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Geopolitical risks and resilience strategies in driving investment in clean energy infrastructure along the Belt and Road Initiative 推动“一带一路”清洁能源基础设施投资的地缘政治风险与韧性战略
IF 5.6 2区 经济学
International Review of Economics & Finance Pub Date : 2025-09-09 DOI: 10.1016/j.iref.2025.104611
Xiaomei Su , Shangmei Zhao , Wei Li , Wei Fan
{"title":"Geopolitical risks and resilience strategies in driving investment in clean energy infrastructure along the Belt and Road Initiative","authors":"Xiaomei Su ,&nbsp;Shangmei Zhao ,&nbsp;Wei Li ,&nbsp;Wei Fan","doi":"10.1016/j.iref.2025.104611","DOIUrl":"10.1016/j.iref.2025.104611","url":null,"abstract":"<div><div>The Belt and Road Initiative is one of the major crucial projects for global economic integration, sustainable growth, and fostering trade across Asia, Europe and Africa. One of the major initiatives for the success of the BRI project is the investment in clean energy infrastructure (IREI). This study examines the factors of clean energy infrastructure investments across Belt and Road Initiative countries from 2000 to 2023 with a focus on the impact of geopolitical risk, resilience strategies and other control variables. The study employs the advanced econometric approach of the Method of Moments Quantile Regression (MMQR). The outcomes of the study revealed that geopolitical risk significantly deters IREI, while resilience strategies mitigate the adverse effects of external shocks and boost IREI. The positive impact of interaction terms of geopolitical risk and resilience strategies further highlights the moderating role of resilience strategies to offset geopolitical uncertainties in high investment-oriented countries. The fixed effect and random effects techniques further endorse the reliability of the MMQR estimates. Further, the Dumitrescu-Hurlin panel causality test exhibited a bidirectional association between geopolitical risk and IREI. The outcomes of the study highlight the need to prioritize resilience strategies, such as the adoption of environmental policies and mitigation of geopolitical risk through regional cooperation and other economic dynamics in BRI countries.</div></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":"104 ","pages":"Article 104611"},"PeriodicalIF":5.6,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145048084","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}
引用次数: 0
Does party organization construction improve chinese banks' stability? Evidence from a new textual index 党组织建设对银行稳定性有促进作用吗?来自新文本索引的证据
IF 5.5 1区 经济学
中国经济评论 Pub Date : 2025-09-09 DOI: 10.1016/j.chieco.2025.102541
Lu Wei , Mingye Wei , Yifei Wu , Zhongbo Jing
{"title":"Does party organization construction improve chinese banks' stability? Evidence from a new textual index","authors":"Lu Wei ,&nbsp;Mingye Wei ,&nbsp;Yifei Wu ,&nbsp;Zhongbo Jing","doi":"10.1016/j.chieco.2025.102541","DOIUrl":"10.1016/j.chieco.2025.102541","url":null,"abstract":"<div><div>According to China's newly revised Company Law (2024), companies are required to establish Communist Party of China (CPC; also, Party) organizations because Party-related activities are crucial for banks' stability. This study innovatively constructs a textual indicator to measure the development, governance, and education of the CPC organization based on annual reports. Then, we investigate the impact of Party organization construction on bankruptcy risk in 16 publicly listed banks from 2017 to 2022. Statistical analysis reveals that banks are gradually making efforts to enhance and improve internal Party organization construction. Moreover, overall Party organization construction reduces bank failure risk by inhibiting banks from engaging in high-risk business, such as interbank and shadow banking business. Compared with the Party organization construction dimensions of development and governance, the education of Party organization can better reduce bankruptcy risk. Furthermore, this reduction effect is more pronounced for state-owned banks, bigger banks, banks with profitability pressures and under financial distress, and during the pandemic period. This study expands the study of bank failure risk from the corporate governance perspective, showing that the Party organization construction contributes to safeguarding financial stability.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"94 ","pages":"Article 102541"},"PeriodicalIF":5.5,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145048843","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}
引用次数: 0
A smooth bounded choice model: Formulation and application in three large-scale case studies 光滑有界选择模型:在三个大规模案例研究中的表述和应用
IF 2.4 3区 经济学
Journal of Choice Modelling Pub Date : 2025-09-09 DOI: 10.1016/j.jocm.2025.100574
Laurent Cazor , Lawrence Christopher Duncan , David Paul Watling , Otto Anker Nielsen , Thomas Kjær Rasmussen
{"title":"A smooth bounded choice model: Formulation and application in three large-scale case studies","authors":"Laurent Cazor ,&nbsp;Lawrence Christopher Duncan ,&nbsp;David Paul Watling ,&nbsp;Otto Anker Nielsen ,&nbsp;Thomas Kjær Rasmussen","doi":"10.1016/j.jocm.2025.100574","DOIUrl":"10.1016/j.jocm.2025.100574","url":null,"abstract":"<div><div>One-stage (implicit) choice set formation models offer a computationally efficient way to model how individuals consider alternatives. Among these, the Bounded Choice Model (BCM) stands out for its consistent, utility-based cutoffs. However, the BCM is non-differentiable, which limits its usefulness: key outputs such as elasticities and standard errors cannot be computed analytically. To overcome this, we introduce the Smooth Bounded Choice Model (SBCM). This model assumes a new smooth truncated logistic distribution for the error terms and applies a smooth approximation to the maximum function used in defining the reference utility. As a result, the SBCM is infinitely differentiable, while preserving core features of the BCM, such as bounding, continuity, and the ability to collapse to the Multinomial Logit (MNL) model under specific conditions. Importantly, the SBCM is not just a smoother version of the BCM. Its more flexible distributional assumptions can better capture actual choice behaviour and allow for meaningful differences in predicted probabilities. We derive closed-form expressions for choice probabilities, gradients, Hessians, elasticities, and standard errors, and present a practical estimation method. The SBCM is tested in three case studies: one mode choice and two route choice settings (bicycle and public transport). In all cases, it outperforms both the BCM and MNL in terms of model fit and interpretability. While the BCM has so far been limited to car route choice, we show that the SBCM is widely applicable across various discrete choice contexts.</div></div>","PeriodicalId":46863,"journal":{"name":"Journal of Choice Modelling","volume":"57 ","pages":"Article 100574"},"PeriodicalIF":2.4,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145020935","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}
引用次数: 0
Contests with endogenous claims: Conflict dissipation 与内生主张的竞争:冲突消散
IF 1.8 4区 经济学
Economics Letters Pub Date : 2025-09-09 DOI: 10.1016/j.econlet.2025.112572
Daniel Cardona , Marc Claveria-Mayol , Clara Ponsatí
{"title":"Contests with endogenous claims: Conflict dissipation","authors":"Daniel Cardona ,&nbsp;Marc Claveria-Mayol ,&nbsp;Clara Ponsatí","doi":"10.1016/j.econlet.2025.112572","DOIUrl":"10.1016/j.econlet.2025.112572","url":null,"abstract":"<div><div>We examine a one-dimensional policy contest between two agents that takes place in two steps: first, agents choose policy proposals; then, they engage in a Tullock contest in which one of the proposals prevails. We show that there is a unique subgame perfect equilibrium (in undominated strategies), in which both contestants moderate their claims equally. When the contest is sufficiently competitive, proposals converge to the center, and conflict dissipates. Expected payoffs increase with the degree of competitiveness (up to an upper bound), while aggregate effort increases to a maximum and then decreases.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"256 ","pages":"Article 112572"},"PeriodicalIF":1.8,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145046781","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Baumol’s migrants: Productive and unproductive entrepreneurship and between-MSA migration 鲍莫尔的移民:生产性和非生产性企业家精神以及msa之间的移民
IF 2.4 3区 经济学
European Journal of Political Economy Pub Date : 2025-09-09 DOI: 10.1016/j.ejpoleco.2025.102733
Justin T. Callais , Vincent Geloso , Alicia Plemmons , Gary A. Wagner
{"title":"Baumol’s migrants: Productive and unproductive entrepreneurship and between-MSA migration","authors":"Justin T. Callais ,&nbsp;Vincent Geloso ,&nbsp;Alicia Plemmons ,&nbsp;Gary A. Wagner","doi":"10.1016/j.ejpoleco.2025.102733","DOIUrl":"10.1016/j.ejpoleco.2025.102733","url":null,"abstract":"<div><div>William Baumol proposes that there are two types of entrepreneurship: productive or unproductive. Productive entrepreneurship, characterized by innovation and efficient resource allocation, fosters economic growth and can act as a potent magnet for migration. Conversely, unproductive entrepreneurship, which often involves rent-seeking and regulatory circumvention, deters migration and potentially provokes out-migration. To test this link from the types of entrepreneurship and migration, we use a new index of entrepreneurship (productive and unproductive) in conjunction with a dataset covering migration to and from Metropolitan Statistical Areas (MSA) from 2005 to 2019. Our analysis reveals that regions high in productive entrepreneurship experience significant net in-migration, while those dominated by unproductive entrepreneurship see the opposite effect.</div></div>","PeriodicalId":51439,"journal":{"name":"European Journal of Political Economy","volume":"90 ","pages":"Article 102733"},"PeriodicalIF":2.4,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145020212","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}
引用次数: 0
Aid in the Age of Amazon: Imperial Logics, Pacific Resistance and an Alternate Paradigm 亚马逊时代的援助:帝国逻辑、太平洋抵抗和另一种范式
IF 1.4 3区 经济学
Development Policy Review Pub Date : 2025-09-09 DOI: 10.1111/dpr.70030
Dame Meg Taylor, Solstice Middleby, Suli Vunibola
{"title":"Aid in the Age of Amazon: Imperial Logics, Pacific Resistance and an Alternate Paradigm","authors":"Dame Meg Taylor,&nbsp;Solstice Middleby,&nbsp;Suli Vunibola","doi":"10.1111/dpr.70030","DOIUrl":"https://doi.org/10.1111/dpr.70030","url":null,"abstract":"<p>Recent disruptions in international aid, including geopolitics, technological innovation, and budget cuts, have prompted debate about paradigm shift. Drawing on critical Pacific scholarship and regional experience, we argue these changes represent consolidation rather than transformation, intensifying imperial logics that have long defined aid relationships. Donor dominance persists, private actors proliferate, and Pacific agency remains constrained with the aid sector. Yet an alternative paradigm already exists. Through resistance, recalibration, and pragmatic diplomacy, Pacific states and societies have long asserted development as relational, sovereign, and self-determined. We argue real transformation will not come from within the system, but from joining those pushing beyond it.</p>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"43 5","pages":""},"PeriodicalIF":1.4,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dpr.70030","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145021788","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}
引用次数: 0
Issue Information: European Financial Management 04/2025 发行信息:《欧洲财务管理》2025年4月号
IF 3.1 3区 经济学
European Financial Management Pub Date : 2025-09-09 DOI: 10.1111/eufm.12502
{"title":"Issue Information: European Financial Management 04/2025","authors":"","doi":"10.1111/eufm.12502","DOIUrl":"https://doi.org/10.1111/eufm.12502","url":null,"abstract":"","PeriodicalId":47815,"journal":{"name":"European Financial Management","volume":"31 4","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/eufm.12502","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145013009","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}
引用次数: 0
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