{"title":"A climate stress testing exercise on loans to European small and medium enterprises","authors":"Yujia Chen, Zhenghong Ding, Luca Barbaglia, Raffaella Calabrese, Serena Fatica","doi":"10.1016/j.eneco.2026.109177","DOIUrl":"https://doi.org/10.1016/j.eneco.2026.109177","url":null,"abstract":"","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"107 1","pages":""},"PeriodicalIF":12.8,"publicationDate":"2026-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146135459","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}
Radical Ecological Economics is a more appropriate way for collaboration with communities in the Global South. It transcends the conceptual and methodological premises of Ecological Economics, integrating realities that are not commonly considered, but exist and actively resist throughout the world. The text addresses three major areas: 1) the broadening of the understanding of the social, not only as “the human” but as the encounter of complex structures of organization, of biological and cultural reproduction, of identity reaffirmation and even the search for autonomy in the face of historical oppressions whose leadership is entrusted to a Revolutionary Communitarian Subject; 2) the understanding that, within this social complexity, there are realities that are not generally considered, in which the natural endowment and goods for consumption and enjoyment are not allocated by market mechanisms; where production is organized as part of the social fabric; in which surpluses take multiple material and non-material forms, and are distributed for the common good (human and non-human); and in which socioecological metabolic configurations are nourished by historical cosmovisions that respect the biophysical limits of ecosystems; 3) REE has clear ontological, epistemological, methodological, and political foundations, taking into account a diversity of realities. This formulation offers a comprehensive method to understand the multiple worlds and approaches of millenarian societies that now are forging worlds outside the capitalist model by communities committed to alleviating the multi-scale crisis that afflicts them.
{"title":"Radical ecological economics: A paradigm from the global south","authors":"David Barkin , Erika Carcaño , Claudia Camacho , Alejandra Sánchez","doi":"10.1016/j.ecolecon.2026.108939","DOIUrl":"10.1016/j.ecolecon.2026.108939","url":null,"abstract":"<div><div>Radical Ecological Economics is a more appropriate way for collaboration with communities in the Global South. It transcends the conceptual and methodological premises of Ecological Economics, integrating realities that are not commonly considered, but exist and actively resist throughout the world. The text addresses three major areas: 1) the broadening of the understanding of the social, not only as “the human” but as the encounter of complex structures of organization, of biological and cultural reproduction, of identity reaffirmation and even the search for autonomy in the face of historical oppressions whose leadership is entrusted to a Revolutionary Communitarian Subject; 2) the understanding that, within this social complexity, there are realities that are not generally considered, in which the natural endowment and goods for consumption and enjoyment are not allocated by market mechanisms; where production is organized as part of the social fabric; in which surpluses take multiple material and non-material forms, and are distributed for the common good (human and non-human); and in which socioecological metabolic configurations are nourished by historical cosmovisions that respect the biophysical limits of ecosystems; 3) REE has clear ontological, epistemological, methodological, and political foundations, taking into account a diversity of realities. This formulation offers a comprehensive method to understand the multiple worlds and approaches of millenarian societies that now are forging worlds outside the capitalist model by communities committed to alleviating the multi-scale crisis that afflicts them.</div></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"244 ","pages":"Article 108939"},"PeriodicalIF":6.3,"publicationDate":"2026-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146102559","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}
Pub Date : 2026-02-04DOI: 10.1007/s11187-025-01168-2
Baoxi Li, Xiyue Yang
{"title":"The impacts of public attention to artificial intelligence on innovation","authors":"Baoxi Li, Xiyue Yang","doi":"10.1007/s11187-025-01168-2","DOIUrl":"https://doi.org/10.1007/s11187-025-01168-2","url":null,"abstract":"","PeriodicalId":21803,"journal":{"name":"Small Business Economics","volume":"22 1","pages":""},"PeriodicalIF":6.4,"publicationDate":"2026-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146138657","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}
Pub Date : 2026-02-04DOI: 10.1016/j.joep.2026.102889
Marta Favara , Joanna Mihaylova , Alan Sánchez
This paper investigates the role of precommitment in making healthy food choices, using a lab-in-the-field experiment embedded in the Young Lives longitudinal study in Peru. Leveraging the fact that participants were scheduled for a blood test and would therefore require a snack afterwards, we elicited participants’ snack choice from a predefined set. Participants were asked whether they wished to pre-commit to their preferred snack choice (either healthy or unhealthy) to be consumed the following day, following their blood test, or to choose the snack on the spot. A randomised subsample was informed about the rationale for precommitment (information treatment) prior to their decision. After deciding whether they would like to pre-commit their snack choice or not, participants were again randomised into two groups: the first group had their preferred choice (either pre-commit or choose on the spot) implemented; in contrast, the second group’s choice was overridden (‘choice override’ treatment). Our findings suggest that: first, there is a high demand for precommitment, with 68.5% of participants wanting to pre-commit their preferred snack choice. Second, the information treatment had no significant effect on participants’ willingness to pre-commit. Third, overriding participants’ precommitment decision leads to asymmetric effects on desired behaviour: for those who had pre-committed to a healthy snack, being forced to choose on the spot decreases healthy food choice; conversely, those who pre-committed to an unhealthy snack were more likely to choose a healthy one. These findings highlight the need to carefully target commitment devices, given their potential asymmetric effects on desired behaviours.
{"title":"When choice matters: The asymmetric effects of precommitment implementation on healthy food choice","authors":"Marta Favara , Joanna Mihaylova , Alan Sánchez","doi":"10.1016/j.joep.2026.102889","DOIUrl":"10.1016/j.joep.2026.102889","url":null,"abstract":"<div><div>This paper investigates the role of precommitment in making healthy food choices, using a lab-in-the-field experiment embedded in the Young Lives longitudinal study in Peru. Leveraging the fact that participants were scheduled for a blood test and would therefore require a snack afterwards, we elicited participants’ snack choice from a predefined set. Participants were asked whether they wished to pre-commit to their preferred snack choice (either healthy or unhealthy) to be consumed the following day, following their blood test, or to choose the snack on the spot. A randomised subsample was informed about the rationale for precommitment (information treatment) prior to their decision. After deciding whether they would like to pre-commit their snack choice or not, participants were again randomised into two groups: the first group had their preferred choice (either pre-commit or choose on the spot) implemented; in contrast, the second group’s choice was overridden (‘choice override’ treatment). Our findings suggest that: first, there is a high demand for precommitment, with 68.5% of participants wanting to pre-commit their preferred snack choice. Second, the information treatment had no significant effect on participants’ willingness to pre-commit. Third, overriding participants’ precommitment decision leads to asymmetric effects on desired behaviour: for those who had pre-committed to a healthy snack, being forced to choose on the spot decreases healthy food choice; conversely, those who pre-committed to an unhealthy snack were more likely to choose a healthy one. These findings highlight the need to carefully target commitment devices, given their potential asymmetric effects on desired behaviours.</div></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":"114 ","pages":"Article 102889"},"PeriodicalIF":2.3,"publicationDate":"2026-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146122683","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}
Pub Date : 2026-02-04DOI: 10.1016/j.econmod.2026.107524
Mudan Lan , Yuhong Huang
Amid rising global economic uncertainty, firms' international expansion faces mounting challenges, while the convergence of digital and real industries offers fresh strategic opportunities for high-level openness. Using data from Chinese listed firms, this study examines how such convergence shapes outward foreign direct investment (OFDI). Empirical results show that convergence significantly boosts both the probability and scale of OFDI, with this effect being greater in regions with strict intellectual property protection, high-technology industries, and export-oriented enterprises. Mechanism tests indicate that improvements in total factor productivity and easing of financing constraints are key drivers. Further evidence suggests convergence stimulates cross-border mergers and acquisitions and enhances overseas revenues. This research enriches understanding of the nexus between technology convergence and internationalization, offering policy insights for emerging economies to leverage the digital economy to strengthen global competitiveness. More broadly, the integration of digital and real industries will remain a vital catalyst for firms’ international growth.
{"title":"Can industrial technology convergence facilitate firms' international expansion? Firm-level empirical evidence from China","authors":"Mudan Lan , Yuhong Huang","doi":"10.1016/j.econmod.2026.107524","DOIUrl":"10.1016/j.econmod.2026.107524","url":null,"abstract":"<div><div>Amid rising global economic uncertainty, firms' international expansion faces mounting challenges, while the convergence of digital and real industries offers fresh strategic opportunities for high-level openness. Using data from Chinese listed firms, this study examines how such convergence shapes outward foreign direct investment (OFDI). Empirical results show that convergence significantly boosts both the probability and scale of OFDI, with this effect being greater in regions with strict intellectual property protection, high-technology industries, and export-oriented enterprises. Mechanism tests indicate that improvements in total factor productivity and easing of financing constraints are key drivers. Further evidence suggests convergence stimulates cross-border mergers and acquisitions and enhances overseas revenues. This research enriches understanding of the nexus between technology convergence and internationalization, offering policy insights for emerging economies to leverage the digital economy to strengthen global competitiveness. More broadly, the integration of digital and real industries will remain a vital catalyst for firms’ international growth.</div></div>","PeriodicalId":48419,"journal":{"name":"Economic Modelling","volume":"158 ","pages":"Article 107524"},"PeriodicalIF":4.7,"publicationDate":"2026-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146135739","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}
Pub Date : 2026-02-04DOI: 10.1016/j.jhealeco.2026.103118
Ailun Shui, Gerard J van den Berg, Jochen O Mierau, Laura Viluma
A large body of literature demonstrates that exposure to major adverse events such as natural disasters affects physical and mental health. Less is known about health consequences of long-term exposure to smaller, recurring shocks such as mining-induced earthquakes. Leveraging data from the Dutch Lifelines Cohort Study and Biobank and the Royal Netherlands Meteorological Institute, we examine mental health effects of frequent earthquakes generated by the extraction of natural gas, which was a major source of economic revenue for the Netherlands. Long-term exposure is captured by the accumulated peak ground acceleration. We employ individual-level fixed effects models to deal with selective exposure. We find that exposure increases depression and anxiety symptoms. Our results are robust to selective migration and to varying the exposure indicator. The results support a reassessment of the societal costs of the mining of natural gas.
{"title":"The impact of mining-induced earthquakes on mental health: Evidence from the Dutch Lifelines Cohort Study and Biobank.","authors":"Ailun Shui, Gerard J van den Berg, Jochen O Mierau, Laura Viluma","doi":"10.1016/j.jhealeco.2026.103118","DOIUrl":"https://doi.org/10.1016/j.jhealeco.2026.103118","url":null,"abstract":"<p><p>A large body of literature demonstrates that exposure to major adverse events such as natural disasters affects physical and mental health. Less is known about health consequences of long-term exposure to smaller, recurring shocks such as mining-induced earthquakes. Leveraging data from the Dutch Lifelines Cohort Study and Biobank and the Royal Netherlands Meteorological Institute, we examine mental health effects of frequent earthquakes generated by the extraction of natural gas, which was a major source of economic revenue for the Netherlands. Long-term exposure is captured by the accumulated peak ground acceleration. We employ individual-level fixed effects models to deal with selective exposure. We find that exposure increases depression and anxiety symptoms. Our results are robust to selective migration and to varying the exposure indicator. The results support a reassessment of the societal costs of the mining of natural gas.</p>","PeriodicalId":50186,"journal":{"name":"Journal of Health Economics","volume":"106 ","pages":"103118"},"PeriodicalIF":3.6,"publicationDate":"2026-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146137990","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}
Pub Date : 2026-02-03DOI: 10.1016/j.eneco.2026.109159
Alexandra Serebriakova, Friedemann Polzin, Mark Sanders
{"title":"Monetary policy and energy installation: Implications for the European green transition","authors":"Alexandra Serebriakova, Friedemann Polzin, Mark Sanders","doi":"10.1016/j.eneco.2026.109159","DOIUrl":"https://doi.org/10.1016/j.eneco.2026.109159","url":null,"abstract":"","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"33 1","pages":"109159"},"PeriodicalIF":12.8,"publicationDate":"2026-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146111041","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}
Pub Date : 2026-02-03DOI: 10.1177/00420980251405782
Allaeddine Fenchouch
While academic research on the mechanisms of production of the built environment has often focused on large-scale real estate projects in alliance with public authorities, the nature and scale of micro-projects and small-scale investors are rarely explored. This article proposes to examine the ‘ordinary fabric of the city’ through these micro real estate projects, which oscillate between formal and informal practices, based on a qualitative study conducted with mainly resident investors and small-scale developers in a peripheral municipality of the Algerian capital, Algiers. Our starting point is the hypothesis that urban production is increasingly moving towards more insecure and unpredictable cities as a result of private initiatives that are less visible, but nonetheless decisive in urban transformation. The study examines the conditions under which these investments emerge, in undervalued urban spaces and in a partially or wholly informal context. It also focuses on the bricolage of the ordinary fabric, analyses forms of ‘tactics’ used by actors to mimic legality, takes into account the conflictual aspects of emerging projects and bears witness to the emergence of a quasi-informal property market. The findings point to a strong potential for policy to formalise informal practices. The results also indicate that a significant part of the city depends on free market mechanisms that are partially free of constraints, where non-conforming transactions and constructions shape a mixed urbanisation.
{"title":"Real estate dynamics and ordinary urban fabric in Algiers: Tactical adaptation, anticipation and land transformations","authors":"Allaeddine Fenchouch","doi":"10.1177/00420980251405782","DOIUrl":"https://doi.org/10.1177/00420980251405782","url":null,"abstract":"While academic research on the mechanisms of production of the built environment has often focused on large-scale real estate projects in alliance with public authorities, the nature and scale of micro-projects and small-scale investors are rarely explored. This article proposes to examine the ‘ordinary fabric of the city’ through these micro real estate projects, which oscillate between formal and informal practices, based on a qualitative study conducted with mainly resident investors and small-scale developers in a peripheral municipality of the Algerian capital, Algiers. Our starting point is the hypothesis that urban production is increasingly moving towards more insecure and unpredictable cities as a result of private initiatives that are less visible, but nonetheless decisive in urban transformation. The study examines the conditions under which these investments emerge, in undervalued urban spaces and in a partially or wholly informal context. It also focuses on the bricolage of the ordinary fabric, analyses forms of ‘tactics’ used by actors to mimic legality, takes into account the conflictual aspects of emerging projects and bears witness to the emergence of a quasi-informal property market. The findings point to a strong potential for policy to formalise informal practices. The results also indicate that a significant part of the city depends on free market mechanisms that are partially free of constraints, where non-conforming transactions and constructions shape a mixed urbanisation.","PeriodicalId":51350,"journal":{"name":"Urban Studies","volume":"108 1","pages":""},"PeriodicalIF":4.7,"publicationDate":"2026-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146115666","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}
Pub Date : 2026-02-03DOI: 10.1016/j.ecolecon.2026.108944
Babette Never , Alexander Stoecker , Aime Tsinda , Eric Mujanama , Roger Mugisha
Green, circular buildings are crucial for climate change mitigation and resource efficiency, yet their employment impact in Sub-Saharan Africa remains unclear. This paper explores green job potential in Kigali, Rwanda—an urbanizing city with strong policy commitments and urgent housing needs. Employing a sequential mixed-methods design, we conducted 33 expert interviews and surveyed 546 firms across five construction value chain segments. We find that (1) many green jobs already exist, with 5.1% highly green and about 58% partly green based on practices performed; (2) green and circular practices are emerging through both policy support and grassroots innovation, (3) greening is positively, significantly correlated with employment growth for highly green firms, and (4) greening is significantly associated with improved job quality for all firms. Targeted support for firms in critical greening phases could boost job creation and quality. A mix of interventions is required to tackle cost competitiveness, skills and attitudes.
{"title":"Green jobs and green economic development in Kigali's construction value chain: Evidence from a firm survey","authors":"Babette Never , Alexander Stoecker , Aime Tsinda , Eric Mujanama , Roger Mugisha","doi":"10.1016/j.ecolecon.2026.108944","DOIUrl":"10.1016/j.ecolecon.2026.108944","url":null,"abstract":"<div><div>Green, circular buildings are crucial for climate change mitigation and resource efficiency, yet their employment impact in Sub-Saharan Africa remains unclear. This paper explores green job potential in Kigali, Rwanda—an urbanizing city with strong policy commitments and urgent housing needs. Employing a sequential mixed-methods design, we conducted 33 expert interviews and surveyed 546 firms across five construction value chain segments. We find that (1) many green jobs already exist, with 5.1% highly green and about 58% partly green based on practices performed; (2) green and circular practices are emerging through both policy support and grassroots innovation, (3) greening is positively, significantly correlated with employment growth for highly green firms, and (4) greening is significantly associated with improved job quality for all firms. Targeted support for firms in critical greening phases could boost job creation and quality. A mix of interventions is required to tackle cost competitiveness, skills and attitudes.</div></div>","PeriodicalId":51021,"journal":{"name":"Ecological Economics","volume":"244 ","pages":"Article 108944"},"PeriodicalIF":6.3,"publicationDate":"2026-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146102560","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}
Pub Date : 2026-02-03DOI: 10.1016/j.jfineco.2026.104240
John W. Barry, Bruce I. Carlin, Alan D. Crane, John R. Graham
{"title":"Hurdle rate buffers and bargaining power in asset acquisition","authors":"John W. Barry, Bruce I. Carlin, Alan D. Crane, John R. Graham","doi":"10.1016/j.jfineco.2026.104240","DOIUrl":"https://doi.org/10.1016/j.jfineco.2026.104240","url":null,"abstract":"","PeriodicalId":51346,"journal":{"name":"Journal of Financial Economics","volume":"1 1","pages":"104240"},"PeriodicalIF":8.9,"publicationDate":"2026-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146111046","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}