The purpose of this study was to investigate the impact of the human capital index (HCI) on economic growth (EG). Despite a consistent pattern between human capital capabilities and economic growth, there was no significant correlation between HCI an...
The Revealed Comparative Advantage (RCA) index is an important metric for evaluating competitiveness of a country in exporting certain commodity. While it is desirable to have a normally distributed RCA index, the opposite is often found in empirical...
In this work, we integrate the conventional unsupervised machine learning algorithm—the Principal Component Analysis (PCA) with the Random Matrix Theory to propose a novel global economic policy uncertainty (GPEU) index that accommodates global...
This study empirically analyzes the impact of the financial structure and misery index on economic growth in Pakistan. We adopted Autoregressive-Distributed Lag (ARDL) for a co-integration approach to the data analysis and used time series data from...
Process operational safety plays an important role in designing control systems for chemical processes. Motivated by this, in this work, we develop a process Safeness Index-based economic model predictive control system for a broad class of stochasti...
As global food demand grows, the limited availability of natural resources exacerbates environmental and food security challenges. Household food waste is a major yet underexplored issue, contributing to inefficiencies, economic losses, and environme...
Due to the wide range of waterway engineering strategies, the government often has the view that investment in hardware (such as construction, equipment renewal, etc.) is more important than that in software (such as information systems, service conc...
Over the years, high levels of corruption in Sub-Saharan Africa have diverted resources from social welfare, weakened institutional effectiveness, and deepened economic inequalities. This study explores the misery index’s effects on economic in...
This study develops a biennial Malmquist–Luenberger productivity index that is used to measure the sources of economic growth by utilizing data envelopment analysis and the directional distance function. Taking restrictions on resources and the envi...
Economics suffers from a blurred view of the economy due to the delay in the official publication of macroeconomic variables and, essentially, of the most important variable of real GDP. Therefore, this paper aimed at nowcasting GDP in India based on...
In light of China’s ambitious goals to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, this study uniquely explores the decoupling dynamics between economic growth and carbon emissions in Xinjiang using panel data from 2006...
22 May 2020
Economic disadvantage is related to a higher risk of adulthood obesity, but few studies have considered whether changes in economic circumstances depend on a person’s body mass index (BMI) trajectory. We identified latent BMI trajectories among...
19 July 2021
Although many countries around the world, especially China, highlight the strategy of green development, there has been little research evaluating the effectiveness of green development policies in local area. This study explores 16 policy texts with...
The environmental performance index was developed to protect public health, and to sustain and manage the ecological vitality that is a crucial factor in countries’ social and economic development. The increase in CO2 emissions has been threatening e...
The purpose of this study is to analyze the possible relationship between industrial structure and economic development in rural areas in South Korea. Accordingly, this study uses the Herfindahl–Hirschman Index and a two-step cluster analysis m...
The eco-environmental protection policy of the Yangtze River Economic Belt (YREB) is paramount in upholding biodiversity and fostering sustainable development within the Yangtze River Basin. To assess the effectiveness of this policy, an evaluation s...
The present study intends to scrutinize the asymmetrical influence of economic growth, industrial production, CPI (consumer price index) and oil price on the trade deficit for the People’s Republic of China’s economy. The Toda–Yamam...
Determining differences in regional carbon emissions and the factors that affect these differences is important in the realization of differentiated emissions mitigation policies. This paper adopts the Theil index and the partial least square-variabl...
Background/Objectives: This study introduces the Multi Group Cost Malmquist Index (
In the first part of this work, combined heat and power (CHP) criteria pertaining to energy, exergy, environmental (pollutant emission) and economic aspects, have been investigated and compared. Although the constraints in legislation usually refer t...
The present study analyses the relationship between economic growth and tourism growth at the level of Central and East European countries, using the spillover indices approach. Based on the monthly data obtained for the period 2000–2019, the a...
Debate on tourism-led growth and growth-led tourism is still ongoing today, with much research done for developed countries and those which are popular tourist destinations over the world. Surprisingly, the research is scarce for the Central and East...
This article examines the effects of economic policy uncertainty (EPU) on the implied volatility index. The implied volatility index of various markets has been analyzed in relation to scheduled macroeconomic announcements, such as EPU and equity mar...
In this paper, the regional Index of Sustainable Economic Welfare (ISEW) is compiled for Flanders for the period 1990–2009. The ISEW is a measure of economic welfare in that it measures the contribution of a country’s or region’s economy to the overa...
In conditions of uncertainty, social protection issues are of paramount importance, and supporting measures are needed for the vulnerable population with an impact on social costs. Those costs have to be included in the state budget, and they generat...
The present study aims to shed some light on the causal link between the Service Sector Index in the Turkish stock market and economic growth using a wavelet coherence approach. Thus, the present study determines whether the Service Sector Index lead...
In view of the increasing environmental challenges and the growing demand for sustainable energy solutions, the optimization of microgrid systems with regard to economic efficiency and environmental compatibility is becoming ever more important. This...
Subnational jurisdictions, compared to the apparatuses of countries and large institutions, have less resources and human capital available to carry out an updated conjunctural follow-up of the economy (nowcasting) and for generating economic predict...
The Volatility Index (VIX) is a real-time index that has been used as the first measure to quantify market expectations for volatility, which affects the financial market as a main actor of the overall economy that is sensitive to the environmental a...
To supply stable and high-quality power according to the advancement of industrial growth, electric power companies have performed maintenance of power facilities using various methods. In the case of domestic power distribution facilities, there are...
This study analyzes the thermodynamic, economic, and regulatory aspects of boil-off hydrogen (BOH) in liquid hydrogen (LH2) carriers that can be re-liquefied using a proposed re-liquefaction system or used as fuel in a fuel cell stack. Five LH2 carri...
The global construction industry has encountered record growth, especially following the COVID-19 pandemic period, during which the construction industry almost entirely ceased. However, the prices of building materials used by the construction secto...
Economic globalization is developing more rapidly than ever before. At the same time, economic growth is accompanied by energy consumption and carbon emissions, so it is particularly important to estimate, analyze and evaluate the economy accurately....
The relationship between income and subjective well-being (SWB) has been widely studied. While previous research has shown that the correlation between income and SWB is not always strong, there is limited research examining how the choice of SWB ind...
Countries that achieve economic complexity in a holistic way are well-prepared to respond to external shocks through internal processes that may also improve their resilience. This article suggests that the Economic Complexity Index (ECI) can capture...
Rapid economic growth in Northwest China has been accompanied by a dramatic increase in carbon emissions. Based on the two-level Logarithmic Mean Divisia Index (LMDI) method, this study decomposes changes in energy-related carbon emissions in Northwe...
Rapid economic development has resulted in a significant increase in energy consumption and pollution such as carbon dioxide (CO2), particulate matter (PM2.5), particulate matter 10 (PM10), SO2, and NO2 emissions, which can cause cardiovascular and r...
As cyber events have virtually no geographical limitations and can result in economic losses on a global scale, the assessment of return periods for such economic losses is currently debated among experts. The potential accumulation of consequential...
Ore mining has served as a predictor of economic wellbeing since it brought development to countries. However, these benefits do not always extend to all localities that comprised the center of this industry. This paper examined the contribution of m...
Assessing tourism sustainability has become of paramount importance to researchers and policymakers in regard to better protecting tourism destinations, particularly with the continued increase in the number of tourists and visitors who alter the nat...
8 December 2025
The regulation of new medicine prices must balance financial sustainability with equitable access to innovation. Value-Based Pricing (VBP) strategies seek to align drug prices with their clinical and societal impact. The Pharmaceutical Innovativeness...
Tourism has become one of the most important sectors in many countries, significantly contributing to their economic growth and development. However, the expansion of tourism has also brought about various environmental and social challenges. The rel...
The United States of America is not only an important energy consuming country, but also in the dominant position of energy for many years. As one of the two largest emitters, the US has always been trying to register a decline in energy-related CO2....
New vaccination programs measure economic success through cost-effectiveness analysis (CEA) based on an outcome evaluated over a certain time frame. The reimbursement price of the newly approved vaccine is then often reliant on a simulated ideal effe...
The mesic grasslands of the Molinio-Arrhenatheretea Tx. 1937 in Vojvodina could play a crucial role in biodiversity conservation, but also in local economies, providing essential ecosystem services, such as habitats for diverse species and resources...
This study examines the relationship between CO2 emissions, labor force participation, foreign direct investment (FDI), and trade openness on the Consumer Price Index (CPI) in Saudi Arabia, within the context of Vision 2030’s economic reforms. Vision...
The progress of financial markets depends on the way world investors foresee the market potential of the country of choice. Countries that are associated with favorable economic incentives are able to motivate investments in their respective stock ma...
The purpose of this work is twofold: first, it aims to derive an exact analytical form of the Pareto index based on the already developed model of the economy as a scale-free network comprising a given amount of either wealth or income (total number...
We explore the directional spillover network among economic sentiment indicators and the economic policy uncertainty (EPU) index from Europe. We derive our results by fitting the directional spillover index approach to the monthly frequency data of e...
The Index of Sustainable Economic Welfare (ISEW) has been calculated in various ways for various countries and for various time spans. Based on the degree of objectivity, the Basic, Solid, and Site-specific ISEW are separated, whose sum constitutes t...
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