This paper looks into the determinants of national innovation performance from the perspective of policy regime and establishes a theoretical model on how a country’s dual Science, Technology, and Innovation (STI) policy regimes, democratic and...
Landscape patterns and composition were identified as key drivers of fire risk and fire regimes. However, few studies have focused on effective policymaking aimed at encouraging landowners to diversify the landscape and make it more fire-resilient. W...
This paper is an interpretive reanalysis of 17 in-depth case studies of community-based climate adaptation sponsored by the Kresge Foundation between 2014–2016. Drawing from the political science and international relations literature, we use t...
21 February 2022
This paper aims to examine the influence of Economic Policy Uncertainty (EPU) on environmental performance, as well as the moderating effect of social development and the political regimes in EPU’s influence on environmental performance. To inv...
This paper conducts a comprehensive empirical evaluation of macroeconomic outcomes under two competing policy paradigms that have governed the United States since the end of World War II: the Keynesian-inflected New Deal Order (1946–1980), root...
Although a large number of scholars have studied the policy preferences and monetary policy rules of China’s central bank, most have found no evidence that China’s central bank has adjusted the nominal interest rates against the output ga...
Biogas technology to support rural livelihoods and low-carbon development has been developed in different projects and programs in the Global South over the last few decades. However, the existence of multiple projects, actors and designs involved ma...
Forests are governed by a combination of sub-national and national as well as global and regional regimes. Comparing the institutional variation of regional regimes, including their degrees of formalization, is gaining attention of studies on regiona...
China’s transition from strict fertility control toward a pronatalist regime raises important questions regarding how institutional regime changes are associated with wage outcomes across different policy stages. While previous studies primaril...
Regime theory has been used superficially to understand variation in socio-ecological transitions in industrialized countries. The broad array of concepts developed in recent decades to explain greater than expected regime dynamism is largely unused....
This study investigates the structural evolution and projected trajectory of greenhouse gas (GHG) emissions across the EU27 from 1990 to 2030, with a particular focus on their implications for the effectiveness of European climate policy. Drawing on...
Purpose: This study investigates how South Africa’s sectoral stock market performance responds to monetary and fiscal policy shifts across two macroeconomic regimes: the pre-inflation targeting (Pre-IT) and the inflation targeting (IT) periods....
This paper examines the resilience of deforestation control policies across land tenure regimes in the Brazilian Legal Amazon, using Brazil’s post-2019 shift in environmental governance policies as a quasi-natural experiment. Combining high-res...
Voluntary certification policies channel fiscal, financial, and regulatory support, but their evaluation is complicated by self-selection and staged policy exposure. We therefore ask why certified firms display a performance premium, and whether it r...
This study examines the transmission of monetary policy shocks across euro area economies using a Bayesian Panel Vector Autoregressive (PVAR) framework over the period 2010Q1–2024Q4. The analysis focuses on three country groups—Core, Peri...
This paper revisits the international finance trilemma by analyzing how different monetary policy objectives and exchange rate regimes shape the transmission of global risk shocks. Using a structural vector autoregressive model with exogenous variabl...
We evaluated the effectiveness and sustainability of the grain price support policies in China using the structural break regime switching model. Based on the rice, wheat, and corn monthly price data from 1987 to 2017, we provide strong evidence that...
This study examines the association between supply chain innovation support policies and the dynamic interdependence between firms’ digitalization and greening. Using a panel of 320 A-share listed firms from 11 provinces in the Yangtze River Ba...
This study investigates whether government spending stimulates economic growth by applying the Keynesian theoretical framework across varying economic conditions. The analysis uses annual data from 1980 to 2024 to explore how fiscal dynamics change o...
We introduce PhASE-RTAQC, a phase-aware multi-scale encoding framework for risk-aware twin-actor quadcopter control with Proximal Policy Optimization (PPO). A Gated Recurrent Unit (GRU) summarizes recent state history to infer a bounded continuous co...
Oases regime shifts in the context of integrated water resource management have a significant impact on ecosystem functions and services and affect regional sustainable development and human wellbeing. Taking the Linze Oasis in the middle reaches of...
Mussel farming has been suggested as a low-cost option for reducing nutrient content in eutrophied waters. This study examines whether mussel farming contributes to reductions in total nutrient abatement cost and increases in equity for achieving nut...
Amid Europe’s demographic decline and the intensifying global “war for talent,” migration is increasingly viewed as a critical source of human capital capable of sustaining economic growth and welfare systems. Nevertheless, the lite...
The endogenous money creation paradigm posits that banks generate money through lending, with deposits serving as a byproduct. This study investigates the mechanism driving the “credit–deposit paradox” during Poland’s high-int...
In the state of Israel wastewater management (WWM), the legal responsibility of municipalities, was neglected for decades, resulting in pollution of the scarce water resources and the environment. This trend was reversed during the 1990s. This paper...
Land-tenure security is integral to local communities’ socioeconomic development. It has been a center of debate in academia and for legislators and advocates to implement reforms to enhance efficient and sustainable development in land managem...
This study examines the impact of flare tariff adjustments on gas-flaring volumes in Nigeria. Utilising a 52-year dataset, this analysis demonstrates that the effectiveness of flare tariffs in reducing gas flaring depends on the stringency of imposed...
As the European population ages, the sustainability of pension systems faces a trilemma: the structural conflict between achieving benefit adequacy, fiscal stability, and labor market flexibility. This study investigates the primary research hypothes...
We consider an insurer who faces an external jump-diffusion risk that is negatively correlated with the capital returns in a multidimensional regime switching model. The insurer selects investment and liability ratio policies continuously to maximize...
Combined Heat and Power (CHP) has been identified by the EU as a powerful resource capable of making substantial contributions to energy savings and reducing GHG emissions. Spain’s effort to promote CHP has been prolific since the 1980s. In thi...
We view the history of the Columbia River Basin through a resilience lens from the point of view of salmonids, as keystone species for the river basin ecosystems and social systems. We rely on the concept of multiple stable states as depicted in a st...
This study aims to analyze the sustainability of fiscal and monetary policies and the relationship between them under a fixed exchange regime that is characterized by high budget deficit and public debt in the past four decades. This study is critica...
This study analyses the nonlinear dynamic impact of economic development on income inequality in a prudential policy regime in a panel of 15 emerging markets from 1985–2019. More importantly, we seek to extend the existing debate on this subjec...
The need for an integrated approach to disaster risk reduction (DRR) is widely promoted across the contemporary disaster literature and policy discourse. In Australia, the importance of integrating bushfire management and land use planning systems is...
A panel data analysis of nonlinear financial growth dynamics in a macroprudential policy regime was conducted in a panel of 10 African emerging countries from 1983–2020, where it had been a non-prudential regime from 1983–1999 and a prude...
A panel data analysis of nonlinear financial growth dynamics in a macroprudential policy regime was conducted on a panel of 10 African emerging countries from 1985–2021, where there had been a non-prudential regime from 1985–1999 and a pr...
An increasing number of emerging and developing countries have adopted or are transitioning towards full-fledged inflation targeting (FFIT) as the main monetary policy framework to anchor inflation. In this paper, we explore the FFIT regime as a mean...
This study proposes a novel Deep Reinforcement Learning (DRL) policy network structure for portfolio management called PortRSMs. PortRSMs employs stacked State-Space Models (SSMs) for the modeling of multi-scale continuous regime shifts in financial...
We develop a new conceptual framework to analyze the evolution of the relationship between cultural production and different forms of economic and social value creation in terms of three alternative socio-technical regimes that have emerged over time...
Because of its environmental damage and now often being the most expensive source for electricity production, coal use is declining throughout the United States. Michigan has no active coal mining and seemingly supportive legislation for distributed...
Accurate tail-risk measurement in carbon markets is challenging because carbon allowance prices are shaped not only by heavy-tailed return dynamics, but also by policy changes that can alter the underlying risk dynamics. Models that ignore such struc...
This article places the topic of “social innovation” in the context of the paradigm shift of the 1980s. This shift from Fordism to post-Fordism has led to a weakening of the model of the European welfare state. Social innovation has become an instrum...
Inland fisheries management in Cambodia has undergone two major policy reforms over the last two decades. These reforms led to the abolishment of a century-old commercial fishing lot system in 2012 and the establishment of new fish sanctuary and comm...
This paper improves a standard Structural Panel Bayesian Vector Autoregression model in order to jointly deal with issues of endogeneity, because of omitted factors and unobserved heterogeneity, and volatility, because of policy regime shifts and str...
In the VW diesel scandal, automakers were found to be cheating with emission data, by e.g., tampering with on-board detection systems. We have calculated changes in the energy use and emissions of carbon dioxide equivalents that would arise through s...
Land systems are characterised by many feedbacks that can result in complex system behaviour. We defined feedbacks as the two-way influences between the land use system and a related system (e.g., climate, soils and markets), both of which are encomp...
27 September 2020
A common argument is that the comprehensive implementation of the river chief system (RCS) is a clear indication of the Chinese government’s strong commitment to overcoming the problem of water pollution. Scant attention, nonetheless, has been...
This paper provides a discrete-time approach for evaluating financial and actuarial products characterized by path-dependent features in a regime-switching risk model. In each regime, a binomial discretization of the asset value is obtained by modify...
For the last decade, urban actors around the globe have been struggling to adapt to a post-crisis and austerity context through increasing social mobilization and experimentation, calling for an urban democracy renewal and challenging established neo...
The efficient market hypothesis, which holds that prices completely reflect available information, is commonly used in financial market analysis. However, emerging empirical evidence shows that market efficiency develops with time, as posited by the...
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