Pub Date : 2024-06-07DOI: 10.1142/s2810943024500082
Goran M. Muhamad
{"title":"The technological effects of renewable and non-renewable energy on agricultural productivity in developed countries","authors":"Goran M. Muhamad","doi":"10.1142/s2810943024500082","DOIUrl":"https://doi.org/10.1142/s2810943024500082","url":null,"abstract":"","PeriodicalId":484202,"journal":{"name":"International Journal of Empirical Economics","volume":" 40","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141375282","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}
Pub Date : 2024-01-26DOI: 10.1142/s2810943024500033
Ayodele Idowu, Munem Ahmad Chowdhury, Hafsa Rahman Nijhum, Bello Mistura Eniola
{"title":"Exploring the Dynamics of Economic Instability: An Analysis of the Interplay between Consumer Spending, Consumer Confidence, and Macroeconomic Factors","authors":"Ayodele Idowu, Munem Ahmad Chowdhury, Hafsa Rahman Nijhum, Bello Mistura Eniola","doi":"10.1142/s2810943024500033","DOIUrl":"https://doi.org/10.1142/s2810943024500033","url":null,"abstract":"","PeriodicalId":484202,"journal":{"name":"International Journal of Empirical Economics","volume":"14 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140494317","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}
Pub Date : 2024-01-26DOI: 10.1142/s281094302450001x
A. Jibir, Michael Omeke, Md Aslam Mia, Sunil Sangwan
{"title":"Determinants of Liquidity in Microfinance Institutions: Evidence from Developing Economies","authors":"A. Jibir, Michael Omeke, Md Aslam Mia, Sunil Sangwan","doi":"10.1142/s281094302450001x","DOIUrl":"https://doi.org/10.1142/s281094302450001x","url":null,"abstract":"","PeriodicalId":484202,"journal":{"name":"International Journal of Empirical Economics","volume":"98 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140493759","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}
Pub Date : 2023-12-01DOI: 10.1142/s2810943023500117
Jin Lee
{"title":"Heterogeneity of International Productivity Spillover Through the Channel of Import Flow","authors":"Jin Lee","doi":"10.1142/s2810943023500117","DOIUrl":"https://doi.org/10.1142/s2810943023500117","url":null,"abstract":"","PeriodicalId":484202,"journal":{"name":"International Journal of Empirical Economics","volume":"164 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138621415","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}
Pub Date : 2023-09-01DOI: 10.1142/s2810943023500105
Xiang Li, Zonglu He
Business cycles and economic growth have long been studied separately, hindering understanding of the nature and causes of economic fluctuations and growth. Here, we present an economic model that incorporates both deterministic trends and persistent fluctuations, derived from a general economic data generation process obtained using the dimensionless nonlinear autoregressive integrated (NLARI) process. To explore the nature and causes of economic fluctuations and growth, we develop a unified test to identify whether the economic data generation mechanism is stable fixed points, unit roots, cyclical oscillations, or chaos. Empirical studies show that as the economic resilience coefficient changes from strong to weak, the data-generating mechanism for U.S. economic indicators shifts from a stable fixed point (dynamic equilibrium) in the supply-side economy to an unstable unit root (divergence) in the demand-side economy involving income distribution. Therefore, the U.S. economy is in partial dynamic equilibrium of the supply-side economy. The low resilience of the demand-side economy allows for the accumulation of noise from exogenous shocks, leading to persistent fluctuations. We find that the economic deterministic trend is ([Formula: see text]/[Formula: see text])[Formula: see text], i.e., time [Formula: see text] multiplied by the ratio of the mean of exogenous supply, demand, and technological progress investment shocks to the economic resistance coefficient. A general dynamic equilibrium economy maximizes growth from investment by avoiding [Formula: see text] growth losses from permanently persistent fluctuations. Thus, ([Formula: see text]/[Formula: see text])[Formula: see text] is the maximum value obtained along the maximum profit growth at the von Neumann equilibrium price. The investment path that creates the maximum ratio [Formula: see text]/[Formula: see text] is the optimal growth path.
{"title":"Nature and Causes of Economic Fluctuations: Evidence from the U.S. Based on a Nonlinear Autoregressive Integrated Process","authors":"Xiang Li, Zonglu He","doi":"10.1142/s2810943023500105","DOIUrl":"https://doi.org/10.1142/s2810943023500105","url":null,"abstract":"Business cycles and economic growth have long been studied separately, hindering understanding of the nature and causes of economic fluctuations and growth. Here, we present an economic model that incorporates both deterministic trends and persistent fluctuations, derived from a general economic data generation process obtained using the dimensionless nonlinear autoregressive integrated (NLARI) process. To explore the nature and causes of economic fluctuations and growth, we develop a unified test to identify whether the economic data generation mechanism is stable fixed points, unit roots, cyclical oscillations, or chaos. Empirical studies show that as the economic resilience coefficient changes from strong to weak, the data-generating mechanism for U.S. economic indicators shifts from a stable fixed point (dynamic equilibrium) in the supply-side economy to an unstable unit root (divergence) in the demand-side economy involving income distribution. Therefore, the U.S. economy is in partial dynamic equilibrium of the supply-side economy. The low resilience of the demand-side economy allows for the accumulation of noise from exogenous shocks, leading to persistent fluctuations. We find that the economic deterministic trend is ([Formula: see text]/[Formula: see text])[Formula: see text], i.e., time [Formula: see text] multiplied by the ratio of the mean of exogenous supply, demand, and technological progress investment shocks to the economic resistance coefficient. A general dynamic equilibrium economy maximizes growth from investment by avoiding [Formula: see text] growth losses from permanently persistent fluctuations. Thus, ([Formula: see text]/[Formula: see text])[Formula: see text] is the maximum value obtained along the maximum profit growth at the von Neumann equilibrium price. The investment path that creates the maximum ratio [Formula: see text]/[Formula: see text] is the optimal growth path.","PeriodicalId":484202,"journal":{"name":"International Journal of Empirical Economics","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135298225","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}
Pub Date : 2023-08-19DOI: 10.1142/s2810943023500087
Brad R. Humphreys, Josh Matti
A growing literature employs distance-based measures of localization to assess the spatial distribution of firms with a focus on manufacturing across a country. We analyse the spatial concentration of a variety of consumer services firms in the Phoenix, AZ area using geo-referenced Yelp data from over 29,000 establishments. Results from a K-density approach indicate substantial localization and service differentiation among localised firms. Firm concentration varies across service cost and quality; higher quality/cost establishments tend to cluster. Our results further understanding of the modern urban landscape as cities are increasingly centres of consumption.
{"title":"The Spatial Distribution of Urban Consumer Service Firms: Evidence from Yelp Reviews","authors":"Brad R. Humphreys, Josh Matti","doi":"10.1142/s2810943023500087","DOIUrl":"https://doi.org/10.1142/s2810943023500087","url":null,"abstract":"A growing literature employs distance-based measures of localization to assess the spatial distribution of firms with a focus on manufacturing across a country. We analyse the spatial concentration of a variety of consumer services firms in the Phoenix, AZ area using geo-referenced Yelp data from over 29,000 establishments. Results from a K-density approach indicate substantial localization and service differentiation among localised firms. Firm concentration varies across service cost and quality; higher quality/cost establishments tend to cluster. Our results further understanding of the modern urban landscape as cities are increasingly centres of consumption.","PeriodicalId":484202,"journal":{"name":"International Journal of Empirical Economics","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135936744","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}