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Economies, Volume 14, Issue 1

2026 January - 34 articles

Cover Story: Renewable energy sources are frequently marketed as a clean alternative to oil and gas, but what if they just follow the same rules? This article traces Azerbaijan’s transition from hydrocarbons to renewable energy, demonstrating how green energy can slip into well-known patterns of export-led growth, foreign dependence, and centralized control. Renewables face the risk of becoming the next resource enclave rather than promoting diversification. It offers an important examination of when energy transition changes economies and when they subtly strengthen incumbent institutional arrangements. View this paper
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Articles (34)

  • Article
  • Open Access
302 Views
23 Pages

15 January 2026

This paper examines how logistics performance conditions the relationship between trade openness, economic growth and per capita CO2 emissions in Mediterranean economies. Using an unbalanced panel of 20 countries over the period 2007–2022, we c...

  • Review
  • Open Access
262 Views
33 Pages

Human Capital and Economic Growth in Colombia: Review

  • María Valentina Rondón-Castillo,
  • Hugo Alexander Rondón-Quintana and
  • Juan Gabriel Bastidas-Martínez

14 January 2026

Globally, human capital is recognized as a structural determinant of economic growth, with evidence of a positive, bidirectional, and significant relationship between both variables. However, in Colombia, few studies have directly measured the influe...

  • Article
  • Open Access
301 Views
16 Pages

13 January 2026

This paper focuses on an empirical analysis of the relationship between investing and saving, taking into account various economic regions. The economic aggregates are selected following the International Monetary Fund (IMF) standard classification....

  • Article
  • Open Access
226 Views
21 Pages

13 January 2026

In a worldwide context marked by increasing attention to financial literacy as a factor of financial inclusion, Morocco take part of this dynamic, seeking to improve the financial skills of its population. This article does not measure financial lite...

  • Article
  • Open Access
241 Views
14 Pages

Precautionary Money Demand in the Economy’s Demand Curve and in the Fiscal and Monetary Multipliers: An Extension

  • Carlos Pateiro-Rodríguez,
  • Federico Martín-Bermúdez,
  • Esther Barros-Campello,
  • Carlos Pateiro-López and
  • María Mercedes Teijeiro-Álvarez

13 January 2026

This paper examines, through a modified aggregate demand curve, the reduction in equilibrium income caused by the presence of precautionary demand in the money demand function. Specifically, this paper rigorously analyses the transformation of the we...

  • Article
  • Open Access
447 Views
28 Pages

Recent studies have focused on the detrimental effects of global economic policy uncertainty (EPU) on firm profitability. Nevertheless, none of these studies has focused on a developing economy like Nigeria. To understand this, the study conducted a...

  • Article
  • Open Access
201 Views
19 Pages

In this article, we examine the dynamic interdependencies among components of Japan’s consumer price index (CPI) using a two-lag time-varying loading factor (TLTVLF) model. Whereas previous studies have typically decomposed CPI series into long...

  • Article
  • Open Access
332 Views
38 Pages

This study examines global econo-environmental capability for 118 countries over 1995 to 2024 using a five-lens framework covering productive capacity (PC), developmental momentum (DM), resource efficiency (RE), degradation and depletion ratio (DDR),...

  • Article
  • Open Access
228 Views
15 Pages

This paper extends the gravity model to financial markets by examining how distance and bilateral linkages influence stock market correlations between the United States and selected emerging economies. To this end, the Poisson Pseudo Maximum Likeliho...

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Economies - ISSN 2227-7099