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Economies, Volume 13, Issue 7

July 2025 - 29 articles

Cover Story: This research analyzes the effect of comprehensive income and consumption taxes on human capital, economic growth, and income distribution. First, it must be noted that consumption tax does not directly suppress economic growth. Instead, it promotes physical capital accumulation, which causes favorable income distribution effects for capital income earners. Second, comprehensive income tax has the direct effects of suppressing economic growth, restraining physical capital accumulation, and increasing labor supply. Third, comprehensive income tax promotes human capital accumulation, which causes a more favorable income distribution for workers. Finally, by conducting an empirical study using international panel data, we show the growth effects of human capital and educational investment and the differentiated growth effects of income and consumption taxes. View this paper
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Articles (29)

  • Article
  • Open Access
2 Citations
4,330 Views
28 Pages

In the era of the digital economy, how digital transformation (DT) contributes to economic development has become a topic of growing interest. This study focuses on business model innovation (BMI) driven by DT in the manufacturing sector. From this p...

  • Article
  • Open Access
1,090 Views
19 Pages

This study develops a dynamic IS-LM macroeconomic model that incorporates delayed taxation and a memory-dependent income effect, and calibrates it to quarterly data for Romania (2000–2023). Within this framework, fiscal policy lags are modelled...

  • Article
  • Open Access
893 Views
46 Pages

Housing prices have recently risen sharply in many countries, primarily linked to the global credit cycle. Although various factors play a role, the ability of developing countries to navigate this cycle and maintain autonomous monetary policies is c...

  • Article
  • Open Access
743 Views
21 Pages

Enhancing innovation capability can effectively promote the development of traditional industries. Based on Lewin’s behavioral model theory, this study investigated the relationship between industrial support policies and innovation behavior wi...

  • Article
  • Open Access
2,839 Views
33 Pages

This article investigates the political cost of poverty in democracies marked by deep social divisions. We develop a probabilistic voting model that incorporates clientelism as a strategic tool employed by elite political parties to secure electoral...

  • Article
  • Open Access
816 Views
25 Pages

In this paper, we present the concept of “sequencing economics”, consisting of (A) segmentation, (B) construction sequencing, and (C) functions. An agglomeration is organized into segments, and sequencing economics examines the sequential...

  • Article
  • Open Access
1 Citations
1,600 Views
21 Pages

The international trade in agricultural products is complex and diverse. Global buyers must diversify their import sources, while sellers must explore new market opportunities. In the past, there has been no analysis on how second-tier exporters, wit...

  • Article
  • Open Access
898 Views
16 Pages

The paper analyses the relationship between human capital formation and income growth in Burkina Faso using data from household surveys conducted in 2009 and 2018. By combining estimates from multiple linear regressions of the impact of human capital...

  • Article
  • Open Access
1,550 Views
17 Pages

This research conducts a comparative study of the economic growth and income distribution effects of consumption and comprehensive income taxes by introducing them into an endogenous economic growth model with human capital formation. We obtained the...

  • Article
  • Open Access
1,031 Views
20 Pages

The study examines changes in household food security and identifies their key determinants in Zambia by comparing the pre-pandemic period to the COVID-19 pandemic period. Using nationally representative surveys from 2015 and 2021 and the coarsened e...

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Economies - ISSN 2227-7099