Economies, Volume 14, Issue 1

This study examines the dynamics of economic freedom in nine advanced democracies in comparison to China over the 1970–2022 period. Using data from the Fraser Institute and the Manifesto Project Database, we apply a Bayesian time-series methodo...

Vietnam’s wooden forest products industry is an important export sector, contributing to industrial growth and employment. However, it is facing increasing pressures related to challenges such as forest and export sustainability. Despite its po...

Domestic and foreign capital and consumption goods are imperfect substitutes in production and demand functions of the growth model by Bardhan–Lewis. We extend the model by introducing exogenous technical progress and allow for foreign debt dyn...

This study aims to examine the impacts of AI investment on economic growth, while controlling for labor force participation and gross fixed capital formation in Germany. The analysis is based on data collected on the state of economic development in...

This paper examines Mexico’s integration into Global Value Chains (GVCs) and its implications for structural change over the period 1995–2020. Using a multiregional input–output framework, the analysis decomposes gross exports into...

This study provides new evidence on how production digitalization investment affects firm financial performance across diverse European regions. A panel of 14,935 firm-year observations from 30 countries (2012–2022), including a focused Baltic...

The main purpose of this study is to assess the effect of current public expenditure on education and human capital on economic growth in Central America between 1992 and 2021. In this context, data on education spending and human capital for Guatema...

This study examines the influence of social capital, intellectual capital, resource rents, and investment capital on the economic performance of the 18 member states of the European Union from 2005 to 2022. Principal component analysis and factor ana...

This paper examines whether monetary policy shocks affect CO₂ emissions over time in Brazil. We show that CO₂ emissions decline persistently following contractionary monetary policy shocks. The relationship between monetary policy and CO₂ emissions i...

The debate over CEO compensation persists despite extensive efforts by academics and technocrats to understand its determinants. Most research has focused on how firm-specific characteristics and CEO-specific traits influence CEO compensation. Howeve...