发布求助
文献互助 智能选刊 最新文献

Research in Economics最新文献

筛选
英文 中文
Asymmetric connectedness among the G7 REITs market: How important are oil returns, climate policy uncertainty, and geopolitical risks? 七国集团房地产投资信托基金市场之间的不对称联系：石油回报、气候政策不确定性和地缘政治风险有多重要？
IF 1.2
Research in Economics Pub Date : 2025-01-27 DOI: 10.1016/j.rie.2025.101043
Obaika M. Ohikhuare, Oluwatomisin J. Oyewole
{"title":"Asymmetric connectedness among the G7 REITs market: How important are oil returns, climate policy uncertainty, and geopolitical risks?","authors":"Obaika M. Ohikhuare,&nbsp;Oluwatomisin J. Oyewole","doi":"10.1016/j.rie.2025.101043","DOIUrl":"10.1016/j.rie.2025.101043","url":null,"abstract":"<div><div>This paper examines how global factors influence the asymmetric connectedness among G7 REITs markets. It hypothesizes that bearish markets may exhibit higher connectedness than bullish markets because people react more to losses than gains. Using the extended TVP-VAR model, the study estimates connectedness indexes under three market conditions across three samples: pre-crisis, crisis, and full sample. The findings reveal that REIT markets are more connected in bearish conditions than in bullish ones, even when connectedness was heightened during crises. Additionally, the study reveals that market conditions can alter risk and opportunity spillover structures among G7 REITs, making assets considered safe in one market risky in another, especially during crises. We further explain how geopolitical risks and climate policy uncertainty drive crude oil returns and how they collectively influence G7 REITs' connectedness. To achieve this, we employed both causality-in-quantile and quantile regression techniques. We found that these factors have a heterogeneous impact on total connectedness across market conditions, samples, and quantiles, offering valuable insights for policymakers and investors.</div></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"79 2","pages":"Article 101043"},"PeriodicalIF":1.2,"publicationDate":"2025-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143403184","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}
引用次数: 0
The effect of a skilled workforce on price levels 熟练劳动力对价格水平的影响
IF 1.2
Research in Economics Pub Date : 2025-01-27 DOI: 10.1016/j.rie.2025.101035
Roni Frish
{"title":"The effect of a skilled workforce on price levels","authors":"Roni Frish","doi":"10.1016/j.rie.2025.101035","DOIUrl":"10.1016/j.rie.2025.101035","url":null,"abstract":"<div><div>This paper builds on Clague's argument that countries with skilled workers have lower costs for producing nontradable services, leading to a lower price level. It formalizes this idea in a model and validates it empirically using data from 95 countries over five decades. The analysis shows a significant negative effect of workforce education on the price level, confirming the Clague effect. However, this effect has diminished in the last two decades, likely due to skill-intensive services becoming more tradable through international e-commerce. The study highlights omitted variable bias in Balassa-Samuelson hypothesis tests, as they often exclude workforce skill level, which affects price level and productivity.</div></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"79 1","pages":"Article 101035"},"PeriodicalIF":1.2,"publicationDate":"2025-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143103981","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}
引用次数: 0
The intergenerational transmission of health during childhood 童年期健康的代际传递
IF 1.2
Research in Economics Pub Date : 2025-01-27 DOI: 10.1016/j.rie.2025.101029
Kunz Modeste Mbenga Bindop, Benjamin Fomba Kamga
{"title":"The intergenerational transmission of health during childhood","authors":"Kunz Modeste Mbenga Bindop,&nbsp;Benjamin Fomba Kamga","doi":"10.1016/j.rie.2025.101029","DOIUrl":"10.1016/j.rie.2025.101029","url":null,"abstract":"<div><div>Health during childhood is a key determinant of future outcomes. However, some children start life in an unfavourable situation just because of their family inheritance. This study analyses mother's health effect on their offspring's health aged 0–12 years, and the interaction between mothers’ health and education in the child's health production. By using an original instrument and applying an endogenous multivariate probit to the last two “Enquêtes Camerounaises Auprès des Ménages” (ECAM 3 and 4), the study reveals an intergenerational transmission of health during childhood life and the complementarity of mothers' health and educational capital in the production of health for their children. Although inequalities in health decrease with the mother's educational level, there are thresholds beyond which this effect fade due to the potential excessive participation of women in the labour market. The fall in this phenomenon in the older cohort (6 to 12 years) reveals the importance for the most educated mothers to make a more altruistic trade-off between economic work and childcare in the first five years of their offspring's lives. However, the self-assessed use of healthcare by children reported by parents could be a limitation inherent to the quality of the data used in the Cameroonian context.</div></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"79 2","pages":"Article 101029"},"PeriodicalIF":1.2,"publicationDate":"2025-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143387362","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}
引用次数: 0
Examining the role of environmental tax, green innovation, and digital financial inclusion for energy transition: Evidence from OECD countries 考察环境税、绿色创新和数字普惠金融在能源转型中的作用：来自经合组织国家的证据
IF 1.2
Research in Economics Pub Date : 2025-01-26 DOI: 10.1016/j.rie.2025.101034
Thai Hong Le, Minh Lam Mai, Mai Quynh Thi Nguyen, Anh Phuong Nguyen, Chi Phuong Do
{"title":"Examining the role of environmental tax, green innovation, and digital financial inclusion for energy transition: Evidence from OECD countries","authors":"Thai Hong Le,&nbsp;Minh Lam Mai,&nbsp;Mai Quynh Thi Nguyen,&nbsp;Anh Phuong Nguyen,&nbsp;Chi Phuong Do","doi":"10.1016/j.rie.2025.101034","DOIUrl":"10.1016/j.rie.2025.101034","url":null,"abstract":"<div><div>This research aims to examine the influence of environmental tax, green innovation, and digital financial inclusion on energy transition in OECD countries during the period from 1994 to 2020. Results from the panel quantile regression analysis reveal that environmental tax positively influences the energy transition at the lower and middle quantiles whilst financial inclusion is positively associated with energy transition across all quantiles. Our results also show a positive relationship between green innovation and energy transition, though the lack of significant coefficients across all quantiles suggests a disparity between green innovation and immediate energy transition outcomes. Our findings highlight the need for regulatory agencies to design a flexible and fair environmental tax system, particularly in applying taxes according to the pollution intensity of different energy sources.</div></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"79 1","pages":"Article 101034"},"PeriodicalIF":1.2,"publicationDate":"2025-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143103977","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}
引用次数: 0
Re-assessment of sustainability of current account deficit in India: Insights from threshold cointegration and NARDL analysis 印度经常账户赤字可持续性的再评估：来自阈值协整和NARDL分析的见解
IF 1.2
Research in Economics Pub Date : 2025-01-25 DOI: 10.1016/j.rie.2025.101039
Lingaraj Mallick
{"title":"Re-assessment of sustainability of current account deficit in India: Insights from threshold cointegration and NARDL analysis","authors":"Lingaraj Mallick","doi":"10.1016/j.rie.2025.101039","DOIUrl":"10.1016/j.rie.2025.101039","url":null,"abstract":"<div><div>I examine the sustainability of CAD by employing both linear and threshold cointegration (<span><span>Enders and Siklos, 2001</span></span>) and <span><span>Engle-Granger (1987)</span></span> from the period 1960 to 2019. Results of the threshold and Engle-Granger cointegration confirm long-run equilibrium association between exports and imports indicating strong presence of sustainability of CAD in India. This reveals that after certain threshold level of current account deficit i.e., 3%, both export and import have different speed of adjustment towards long-run and their adjustment is asymmetric in nature. These results reveal that after certain threshold level of current account deficit, there should be systematic policy to adjust short-run behaviour of imports to bring back to the long-run for sustainability of current account deficit in India. The policy makers should consider the nonlinear behaviour of current account deficit while formulating any policy prescription towards sustainability of current account deficit in India. The export sector has to be encouraged and the import sector has to be restricted by implementing tight import restricted policies. Further, based on the threshold cointegration and asymmetric error correction mechanism, after estimated threshold, both exports and imports react differently to short-run positive and negative shocks. However, sufficient condition of intertemporal budget constraint is not satisfied by NARDL method. Overall findings conclude that CAD in India is weakly sustainable. Following the empirical results some policy suggestions are suggested.</div></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"79 2","pages":"Article 101039"},"PeriodicalIF":1.2,"publicationDate":"2025-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143264545","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}
引用次数: 0
Does free pre-kindergarten increase birth rates? Preliminary evidence from Vermont 免费的学前教育能提高出生率吗？来自佛蒙特州的初步证据
IF 1.2
Research in Economics Pub Date : 2025-01-25 DOI: 10.1016/j.rie.2025.101040
Masanori Kuroki
{"title":"Does free pre-kindergarten increase birth rates? Preliminary evidence from Vermont","authors":"Masanori Kuroki","doi":"10.1016/j.rie.2025.101040","DOIUrl":"10.1016/j.rie.2025.101040","url":null,"abstract":"<div><div>This study investigates the impact of Vermont's Act 166 of 2014, which established universal pre-kindergarten, on birth rates among women aged 20–44. Contrary to the expectation of increased fertility, no meaningful increase in total, first, or subsequent birth rates was observed after program implementation. This aligns with existing research suggesting limited effectiveness of pronatalist policies. However, subsequent birth rates in Vermont declined at a slower rate than first birth rates compared to a synthetic control group, hinting at a potential positive influence on existing parents' decisions to have additional children.</div></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"79 1","pages":"Article 101040"},"PeriodicalIF":1.2,"publicationDate":"2025-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143103978","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}
引用次数: 0
Natural resources abundance and Income Inequality: Time series evidence from India 自然资源丰富与收入不平等：来自印度的时间序列证据
IF 1.2
Research in Economics Pub Date : 2025-01-13 DOI: 10.1016/j.rie.2025.101027
Nitish Kumar , Kundan Kumar
{"title":"Natural resources abundance and Income Inequality: Time series evidence from India","authors":"Nitish Kumar ,&nbsp;Kundan Kumar","doi":"10.1016/j.rie.2025.101027","DOIUrl":"10.1016/j.rie.2025.101027","url":null,"abstract":"<div><div>This study examines how the abundance of natural resources influences income inequality in India for the period 1971 to 2020. The study employs the Lee and Strazicich unit root test to identify structural break in the data, the Bayer-Hanck test of Co-integration and, methods for example FMOLS, DOLS and CRR to estimate long run coefficient. Further, to determine the direction of causality among the variables, Pairwise Granger Causality Tests is used. The results of Bayer-Hanck test for Co-integration confirms the presence of long-run association among variables. Empirical results show that income inequality is positively and significantly related with natural resources, urbanization, digitalization and physical capital, while it is negatively associated with human capital. The Granger Causality test reveals a bidirectional causal relation between natural resources and digitalization, whereas a unidirectional causal relationship is observed from human capital and physical capital to income inequality. The result of this study recommends policymakers, addressing income inequality in India requires effective and equitable allocation of resources, ensuring digital inclusion of its citizens, economic integration, promoting sustainable urban development and investment in both human and physical capital.</div></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"79 1","pages":"Article 101027"},"PeriodicalIF":1.2,"publicationDate":"2025-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143170457","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}
引用次数: 0
From globalization to glocalization: Cultural interdependence as a source of FDI motivation 从全球化到全球本土化：文化相互依存是FDI动因的来源
IF 1.2
Research in Economics Pub Date : 2025-01-12 DOI: 10.1016/j.rie.2025.101024
Suparna Chakraborty , Miao Grace Wang , M. C. Sunny Wong
{"title":"From globalization to glocalization: Cultural interdependence as a source of FDI motivation","authors":"Suparna Chakraborty ,&nbsp;Miao Grace Wang ,&nbsp;M. C. Sunny Wong","doi":"10.1016/j.rie.2025.101024","DOIUrl":"10.1016/j.rie.2025.101024","url":null,"abstract":"<div><div>In this paper, we explore the agglomeration effect of culture on foreign direct investment (FDI). Using data on US FDI to 74 host countries from 1984 to 2017, our analysis shows a negative effect of bilateral cultural distance on US FDI to a host, consistent with previous studies. Central to our research is the application of a higher-order spatial model, which enables us to examine correlations of FDI across various hosts along both geographical and cultural dimensions. We find that US FDI across culturally similar host nations move together. Specifically, our results show that US FDI in a host may rise by 0.25% with every 1% increase in US FDI in other hosts that are culturally similar to the host of interest. Such results are robust to a battery of sensitivity checks, such as controlling for spatial correlation of geographically proximate hosts. Further, the agglomeration effects also display significant variations across industries.</div></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"79 1","pages":"Article 101024"},"PeriodicalIF":1.2,"publicationDate":"2025-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143103975","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}
引用次数: 0
On the return distributions of a basket of cryptocurrencies and subsequent implications 关于一篮子加密货币的回报分布及其影响
IF 1.2
Research in Economics Pub Date : 2025-01-11 DOI: 10.1016/j.rie.2025.101028
Christoph J. Börner, Ingo Hoffmann, Lars M. Kürzinger, Tim Schmitz
{"title":"On the return distributions of a basket of cryptocurrencies and subsequent implications","authors":"Christoph J. Börner,&nbsp;Ingo Hoffmann,&nbsp;Lars M. Kürzinger,&nbsp;Tim Schmitz","doi":"10.1016/j.rie.2025.101028","DOIUrl":"10.1016/j.rie.2025.101028","url":null,"abstract":"<div><div>This study evaluates the risk associated with capital allocation in cryptocurrencies (CCs) using a basket of 27 CCs and the CC index EWCI-. We apply basic statistical tests to model the body distribution of CC returns. Consistent with prior research, the stable distribution (SDI) is the most suitable model for the body distribution. However, due to less favorable properties in the tail area for high quantiles, the generalized Pareto distribution is employed. A combination of both distributions is utilized to calculate Value at Risk and Conditional Value at Risk, revealing distinct risk characteristics in two subgroups of CCs.</div></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"79 1","pages":"Article 101028"},"PeriodicalIF":1.2,"publicationDate":"2025-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143103979","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Application of the estimation of multiple effect size to frontier efficiency meta-regression of agriculture in Ghana 多重效应量估计在加纳农业前沿效率元回归中的应用
IF 1.2
Research in Economics Pub Date : 2025-01-11 DOI: 10.1016/j.rie.2025.101026
Justice G. Djokoto , Akua Agyeiwaa-Afrane , Charlotte Badu-Prah , Ferguson K. Gidiglo , Francis Y. Srofenyoh , Kofi Aaron A-O. Agyei-Henaku
{"title":"Application of the estimation of multiple effect size to frontier efficiency meta-regression of agriculture in Ghana","authors":"Justice G. Djokoto ,&nbsp;Akua Agyeiwaa-Afrane ,&nbsp;Charlotte Badu-Prah ,&nbsp;Ferguson K. Gidiglo ,&nbsp;Francis Y. Srofenyoh ,&nbsp;Kofi Aaron A-O. Agyei-Henaku","doi":"10.1016/j.rie.2025.101026","DOIUrl":"10.1016/j.rie.2025.101026","url":null,"abstract":"<div><div>We applied a method of estimating multiple effect sizes to agricultural efficiency data in Ghana. We used multi-efficiency data from 195 publications and 345 observations and fitted it to ordinary least squares regression to illustrate how the model works. The data is unique in the meta-regression efficiency space, containing all efficiency measures. We depart from existing frontier efficiency meta-regression by estimating the combined effect sizes of technical efficiency and other dimensions of frontier efficiency. We extended the single effect size estimation model to a multiple effect size estimation model. The application of the data showed that the strongest differences related to profit efficiency, the meta-regression of which has never been published. The average of the arithmetic means should not be considered as the overall efficiency, rather, the combined effect size in frontier efficiency meta-regression models.</div></div>","PeriodicalId":46094,"journal":{"name":"Research in Economics","volume":"79 1","pages":"Article 101026"},"PeriodicalIF":1.2,"publicationDate":"2025-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143103976","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}
引用次数: 0
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术官方微信