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Economies, Volume 12, Issue 5

May 2024 - 28 articles

Cover Story: Within an optimal currency area, the synchronization of fuel prices is crucial as it supports the effective implementation of policies and promotes macroeconomic stability. Our study examines the correlation between the price paths in the gasoline and diesel markets at the national level in the EU. Using data from 2017 to 2022, we construct networks in which the nodes represent EU member states, and the edges denote significant temporal correlations in fuel prices between these states. Empirical evidence suggests that diesel markets exhibit a more distinctive pattern of price co-movements than gasoline markets. Furthermore, the implementation of fuel taxation policies appears to have a negative impact on fuel price co-movements. View this paper
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Articles (28)

  • Article
  • Open Access
37 Citations
6,135 Views
21 Pages

Empowering Pakistan’s Economy: The Role of Health and Education in Shaping Labor Force Participation and Economic Growth

  • Muhammad Umair,
  • Waqar Ahmad,
  • Babar Hussain,
  • Costinela Fortea,
  • Monica Laura Zlati and
  • Valentin Marian Antohi

The labor force is a crucial factor in conducting economic activities, especially in labor-surplus countries like Pakistan. In this study, we explore the impact of labor force participation (LF) on economic growth (EG), with an emphasis on how this i...

  • Article
  • Open Access
4 Citations
3,587 Views
37 Pages

This study examines the impact of the COVID-19 pandemic on sector volatility in sub-Saharan Africa by drawing evidence from two large and two small stock exchanges in the region. The analysis included stock-specific data, COVID-19 metrics, and macroe...

  • Article
  • Open Access
4 Citations
2,892 Views
17 Pages

Analyzing Fiscal Sustainability in Latin American Countries: A Time–Frequency Perspective

  • Nini Johana Marín-Rodríguez,
  • Juan David Gonzalez-Ruiz and
  • Alejandro Peña

This study examines fiscal sustainability in Latin American countries from a unique time–frequency perspective, focusing on Brazil, Chile, Colombia, Peru, and Mexico from 1997 to 2022. Using wavelet coherence analysis, it uncovers dynamic relat...

  • Article
  • Open Access
3 Citations
2,018 Views
16 Pages

Following the global financial crisis, an increasing amount of attention has been directed towards examining the Beveridge curve (BC), which indicates the relationship between unemployment and vacancy rates. This research analyzes the unemployment&nd...

  • Article
  • Open Access
5 Citations
5,151 Views
25 Pages

Is There a Link between Remittances, Capital Formation, Structural Transformation and Economic Growth? A Dynamic Panel Analysis for Latin America under the PVAR Approach

  • Eduardo Germán Zurita Moreano,
  • María Gabriela González Bautista,
  • Juan Pablo Vallejo Mata and
  • Víctor Dante Ayaviri-Nina

The literature has mainly focused on analyzing the relationship of remittances with economic growth and social welfare, neglecting more complex aspects where remittances can have relevant implications. To contribute to the literature, the objective o...

  • Article
  • Open Access
9,234 Views
25 Pages

The Impact of the Stimulus Packages on the Economy during COVID-19 in Bangladesh: A Mixed-Method Approach

  • Ruhul Amin,
  • Nahian Rahman,
  • Samira Tasnim,
  • Sima Rani Dey and
  • Mohammad Tareque

With the unexpected onset of COVID-19, governments across the world responded with a range of preventive measures, including the imposition of lockdowns. To mitigate the adverse effects of lockdowns arising from supply chain shocks and employment los...

  • Article
  • Open Access
2 Citations
14,322 Views
14 Pages

Water For Food in Euphrates–Tigris River

  • Abdelmoneim Bahyeldin Mohamed Metwally,
  • Mai M. Yasser and
  • Merna Ahmed

Water scarcity is an important threat to food security in the Euphrates–Tigris river. Water scarcity is a huge worldwide problem that results from the rapid increase in water demand, which exceeds the amount of available water. The most signifi...

  • Article
  • Open Access
7 Citations
5,249 Views
32 Pages

Efficiency in stock markets is essential for economic stability and growth. This study investigates the efficiency and herding behavior of the stock markets from the top economies of the world (known as G20 countries). We classify stock market indice...

  • Article
  • Open Access
4 Citations
3,936 Views
16 Pages

The energy revolution in Saudi Arabia has accelerated significantly since 2016, driven by the National Vision 2030. Significant changes to energy subsidies took place, and the renewable energy sector has seen rapid growth. The paper presents an empir...

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Economies - ISSN 2227-7099