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Economies, Volume 13, Issue 8

2025 August - 37 articles

Cover Story: This article investigates the macroeconomic and labor market conditions that shape the adoption of artificial intelligence (AI) technologies among large firms in Europe. Based on panel data econometrics and supervised machine learning techniques, we estimate how public health spending, access to credit, export activity, gross capital formation, inflation, openness to trade, and labor market structure influence the share of firms that adopt at least one AI technology. The research covers all 28 EU members between 2018 and 2023. We employ a set of robustness checks using a combination of fixed-effect, random-effect, and dynamic panel data specifications supported by clustering and supervised learning techniques. Targeted policy measures can accelerate the equitable adoption of AI technologies within the European industrial economy. View this paper
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Articles (37)

  • Systematic Review
  • Open Access
1,560 Views
23 Pages

21 August 2025

The collaborative economy is experiencing a remarkable surge, offering vast potential for growth. Consequently, this burgeoning movement has become a focal point of interest in the realm of entrepreneurship. However, numerous unexplored or inadequate...

  • Article
  • Open Access
2,477 Views
17 Pages

21 August 2025

Government debt can potentially enhance high-quality economic development, yet its effects and risks diverge substantially under the interplay of scale economies and diseconomies. Against the backdrop of the 20th CPC Central Committee’s Third P...

  • Article
  • Open Access
2 Citations
6,589 Views
13 Pages

21 August 2025

This study examines the dynamic interplay between interest rates, inflation, and GDP growth in Southeast Asian economies from 2000 to 2023, employing the Panel ARDL framework with the Pooled Mean Group (PMG) model. The findings confirm a robust long-...

  • Article
  • Open Access
2,282 Views
27 Pages

Global Shocks and Local Fragilities: A Financial Stress Index Approach to Pakistan’s Monetary and Asset Market Dynamics

  • Kinza Yousfani,
  • Hasnain Iftikhar,
  • Paulo Canas Rodrigues,
  • Elías A. Torres Armas and
  • Javier Linkolk López-Gonzales

19 August 2025

Economic stability in emerging market economies is increasingly shaped by the interplay between global financial integration, domestic monetary dynamics, and asset price fluctuations. Yet, early detection of financial market disruptions remains a per...

  • Article
  • Open Access
1 Citations
1,705 Views
18 Pages

19 August 2025

The analysis of household health financing vulnerability and its impact on health service utilization during the COVID-19 pandemic remains inadequately explored in Kenya. This study was designed to examine the impact of health financing vulnerability...

  • Article
  • Open Access
1,951 Views
48 Pages

16 August 2025

Background: By 30 June 2021, the 54 African sovereign nations had reported 5,465,790 laboratory-confirmed COVID-19 cases (including 142,171 deaths). This study aimed to estimate the monetary value of human life losses, indirect and direct costs, and...

  • Article
  • Open Access
3 Citations
4,380 Views
19 Pages

Gendered Dimensions of Poverty in Indonesia: A Study of Financial Inclusion and the Influence of Female-Headed Households

  • Retno Agustina Ekaputri,
  • Ketut Sukiyono,
  • Yefriza Yefriza,
  • Ratu Eva Febriani and
  • Ririn Nopiah

16 August 2025

This study examines the feminization of poverty in Indonesia, focusing on the distinct vulnerabilities faced by female-headed households. Utilizing data from the 2023 National Socio-Economic Survey (SUSENAS) involving 291,231 households, this study a...

  • Article
  • Open Access
4,278 Views
25 Pages

16 August 2025

This paper analyzes the macroeconomic evolution of the European Union member states that have adopted the Euro, compared to those that continue to use national currencies, with a specific focus on the Central and Eastern European countries during the...

  • Article
  • Open Access
906 Views
15 Pages

Economies of Scale and Scope for Canadian Universities

  • Stephen Easton and
  • Duane Wesley Rockerbie

16 August 2025

We estimate measures of economies of scale and scope for a sample of 48 Canadian universities that produce multiple outputs. Estimates have not been previously attempted for Canadian universities to our knowledge. Declining financial support from pro...

  • Article
  • Open Access
3,252 Views
18 Pages

15 August 2025

This paper investigates how democracy influences economic growth through innovation and institutional quality. Using an augmented Solow growth model and panel-data mediation analysis across 123 countries (2011–2022), we quantify democracy&rsquo...

  • Article
  • Open Access
1 Citations
2,146 Views
35 Pages

15 August 2025

Amplifying corporate environmental investments is a pivotal strategy for achieving the “carbon peak and carbon neutral” objectives of China’s green development initiative. The digital transformation has the potential to generate new...

  • Article
  • Open Access
1 Citations
5,526 Views
26 Pages

14 August 2025

Sustainable economic growth is possible not only with physical investments but also with strong human capital that enables the training of qualified, productive, and innovative individuals. The relationship between the number of university students (...

  • Article
  • Open Access
1,391 Views
23 Pages

11 August 2025

Government policies and market forces have created new possibilities for wage growth in the logistics industry, which can reshape the development direction and labor reward of enterprises. The inclusive financial policy implemented by the Chinese gov...

  • Article
  • Open Access
2 Citations
1,676 Views
25 Pages

The Southern African Customs Union (SACU), as a bloc, is compelled to commit to trade in environmentally friendly goods. This study investigated the short-run and long-run relationships between trade openness and environmental quality in the SACU. Th...

  • Article
  • Open Access
2 Citations
1,980 Views
33 Pages

This paper investigates the dynamics of volatility spillovers in the South African foreign exchange market across calm and crisis periods, with particular attention paid to the pre- and post-COVID-19 eras. Employing daily exchange rate returns from 2...

  • Article
  • Open Access
912 Views
19 Pages

Handwashing and Household Health Expenditures Under COVID-19: Evidence from Cameroon

  • Michèle Estelle Ndonou Tchoumdop,
  • Rodrigue Nda’chi Deffo,
  • André Dumas Tsambou and
  • Benjamin Fomba Kamga

Handwashing is one of the recommended measures during the COVID-19 period to limit the spread of the disease and also contributes to the prevention of WASH-related illnesses. The objective of this study is to analyze the impact of using a handwashing...

  • Article
  • Open Access
1 Citations
2,723 Views
33 Pages

In the context of both domestic and international economic landscapes, regional policy has emerged as an increasingly influential factor shaping the developmental trajectories of Chinese enterprises. Despite its growing significance, the extant liter...

  • Article
  • Open Access
1,686 Views
20 Pages

Hyperloop ultra-high-speed transport presents a transformative opportunity for future mobility systems in smart cities. However, assessing its socio-economic impact remains challenging due to Hyperloop’s unique technological, modal, and operati...

  • Article
  • Open Access
1,542 Views
21 Pages

The Role of Solidarity Finance in Sustainable Local Development in Ecuador

  • Pablo Dávila Pinto,
  • Sigfredo Ortuño-Pérez,
  • Diego Mantilla Garcés and
  • Víctor Albuja Centeno

This study explores the role of solidarity finance in promoting local development and the empowerment of marginalized communities through financial inclusion and access to community credits. It focuses on how solidarity-based financial mechanisms pro...

  • Article
  • Open Access
1 Citations
4,842 Views
62 Pages

This article investigates the macroeconomic and labor market conditions that shape the adoption of artificial intelligence (AI) technologies among large firms in Europe. Based on panel data econometrics and supervised machine learning techniques, we...

  • Article
  • Open Access
3,917 Views
26 Pages

Measuring the Digital Economy in Kazakhstan: From Global Indices to a Contextual Composite Index (IDED)

  • Oxana Denissova,
  • Zhadyra Konurbayeva,
  • Monika Kulisz,
  • Madina Yussubaliyeva and
  • Saltanat Suieubayeva

This study examines the development of the digital economy and society in the Republic of Kazakhstan by combining international benchmarking with a context-specific national framework. It highlights the limitations of existing global indices such as...

  • Article
  • Open Access
1 Citations
1,504 Views
13 Pages

This study evaluates the socio-economic impact of rural electrification through photovoltaic (PV) systems in Morocco. As part of the country’s broader energy transition strategy, decentralized renewable energy solutions like PV kits have been d...

  • Article
  • Open Access
2 Citations
2,986 Views
27 Pages

Given the compromising effect of energy rebound on energy conservation efforts and environmental sustainability, plentiful research has focused on evaluating its size and scope in the past; however, there is a scarcity in the exploration of its poten...

  • Article
  • Open Access
1,391 Views
27 Pages

This study assesses the effects of the COVID-19 pandemic on catastrophic health expenditures and income inequality in Benin. A microsimulation was calibrated to estimate the impact of the pandemic under three different shock scenarios: low, moderate,...

  • Article
  • Open Access
2 Citations
1,198 Views
45 Pages

Human Capital, Household Prosperity, and Social Inequalities in Sub-Saharan Africa

  • Boniface Ngah Epo,
  • Francis Menjo Baye,
  • Germano Mwabu,
  • Damiano K. Manda,
  • Olu Ajakaiye and
  • Samuel Kipruto

This article examines the relationship between human capital accumulation, household income, and shared prosperity using 2005–2018 household surveys in Cameroon, Ethiopia, Kenya, Nigeria, and Uganda. Human capital is found to be positively and...

  • Article
  • Open Access
1,124 Views
23 Pages

Dualism of the Health System for Sustainable Health System Financing in Benin: Collaboration or Competition?

  • Calixe Bidossessi Alakonon,
  • Josette Rosine Aniwuvi Gbeto,
  • Nassibou Bassongui and
  • Alastaire Sèna Alinsato

This study analyses the conditions under which co-opetition improves the supply of healthcare services in Benin. Using non-centralised administrative data from a sample of public and private health centres, we apply network theory and negative binomi...

  • Article
  • Open Access
2,960 Views
25 Pages

Short-Term Forecasting of the JSE All-Share Index Using Gradient Boosting Machines

  • Mueletshedzi Mukhaninga,
  • Thakhani Ravele and
  • Caston Sigauke

This study applies Gradient Boosting Machines (GBMs) and principal component regression (PCR) to forecast the closing price of the Johannesburg Stock Exchange (JSE) All-Share Index (ALSI), using daily data from 2009 to 2024, sourced from the Wall Str...

  • Article
  • Open Access
1,948 Views
41 Pages

This paper applies a multi-level social network analysis to examine Aragón’s innovation ecosystem, focusing on a decade of competitive public projects (2014–2023) aligned with the region’s Smart Specialisation Strategy (S3) 2...

  • Article
  • Open Access
1 Citations
5,627 Views
19 Pages

An Analysis of the Effects of Traditional Exports on Peru’s Economic Growth: A Case Study of an Emerging Economy

  • Cristian Alexander García-López,
  • Franklin Cordova-Buiza and
  • Wilder Oswaldo Jiménez-Rivera

Economically, all countries seek sustained growth driven by domestic demand, investment, and exports; however, COVID-19 revealed the vulnerability of interconnected economic systems and a sharp contraction in global trade. The objective of this resea...

  • Article
  • Open Access
2,176 Views
17 Pages

The relationship between trade openness and economic performance has been widely debated and researched during the last several decades. However, the specific influence of trade openness from the perspective of controlling the inflation rate is rarel...

  • Article
  • Open Access
1,247 Views
20 Pages

This study focuses on the impact of China’s digital economy on sustainable modernization from 2011 to 2021, using provincial panel data for empirical analysis. By applying threshold and mediation models, we find that the digital economy promote...

  • Article
  • Open Access
11,498 Views
21 Pages

Meta-Analysis: The Impact of Immigration on the Economic Performance of the Host Country

  • Alexandre Luz,
  • Pedro Cunha Neves,
  • Oscar Afonso and
  • Elena Sochirca

Growing global migration flows highlight the importance of understanding their economic impact. While many studies have explored how immigration affects host countries’ macroeconomic indicators, the results are mixed. In this work, we develop a...

  • Article
  • Open Access
1,372 Views
17 Pages

This paper analyzes how two major economic downturns—a recession and a stagflation—affected convergence in the European Union (EU). Absolute and conditional convergence rates are estimated using ordinary least squares (OLS) semilog regres...

  • Article
  • Open Access
1 Citations
2,217 Views
32 Pages

This study investigates the impact and mechanisms of digital inclusive finance (DIF) on high-quality economic development in China. Drawing on panel data from 281 prefecture-level cities between 2011 and 2021, we employ a Spatial Durbin Model (SDM) t...

  • Article
  • Open Access
736 Views
20 Pages

Immigrant households frequently face liquidity constraints upon arrival, which potentially hinders their long-term economic integration. The Family Investment Hypothesis (FIH) suggests that couples may respond to these constraints by coordinating the...

  • Article
  • Open Access
1 Citations
3,354 Views
29 Pages

This study investigates how Chinese ownership in European ports affects trade flows between China and Eurozone countries, set against the backdrop of recent global economic disruptions that have emphasized the crucial role of maritime trade and port...

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Economies - ISSN 2227-7099