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Economies, Volume 12, Issue 2

2024 February - 25 articles

Cover Story: Globalization can be interpreted as a worldwide process of socio-economic interaction, interdependence and integration able to promote economic growth and convergence. Usually, the economic convergence literature establishes whether catching-up processes have been successful. However, interesting information can be obtained from the analysis of the similarity of growth patterns identifying clusters of countries that grow at a similar pace. The comparative analysis of the GDP per capita in 79 economies from 1970 to 2019 allowed us to identify clusters that, coherently with globalization pressures, have become fewer and larger. However, despite regional integration processes such as the EU, growth path divergences persist, suggesting a cluster-based convergence coherent with varieties of capitalism theory. View this paper
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Articles (25)

  • Article
  • Open Access
32 Citations
4,835 Views
29 Pages

16 February 2024

Since the reform and opening-up, China has developed into the world’s number one manufacturing country. Meanwhile, China’s environmental protection efforts continue to strengthen. So, will changes in the intensity of environmental regulat...

  • Article
  • Open Access
1 Citations
4,996 Views
18 Pages

16 February 2024

This study shows that demand for money is a function not only of interest rate, real exchange rate, and personal consumption but also of fiscal variables like deficit, debt, and foreign-financed debt. It is stable over the short and long run. This st...

  • Article
  • Open Access
3,031 Views
16 Pages

Exploring Distributions of House Prices and House Price Indices

  • Jiong Liu,
  • Hamed Farahani and
  • R. A. Serota

14 February 2024

We use house prices (HP) and house price indices (HPI) as a proxy to income distribution. Specifically, we analyze distribution of sale prices in the 1970–2010 window of over 116,000 single-family homes in Hamilton County, Ohio, including Cinci...

  • Article
  • Open Access
13 Citations
8,449 Views
24 Pages

14 February 2024

Mechanisms for sectoral change in the economy are being used to move towards a circular economy. Trade in recycled raw materials could contribute to circular economy development and is treated as the main circular indicator used to monitor progress t...

  • Article
  • Open Access
3 Citations
4,265 Views
18 Pages

13 February 2024

Charcoal is a dominant energy source in urban areas of Uganda, and increases in retail prices in the past have led to social unrest. This paper assesses the relationship between charcoal and fuel prices to determine whether fuel prices influence the...

  • Article
  • Open Access
1 Citations
8,424 Views
28 Pages

12 February 2024

This study quantitatively investigates the collaborative framework and competitive landscape of Thailand’s evolving music industry, driven by technological progress and changing consumer preferences. By examining data obtained from Thailand&rsq...

  • Article
  • Open Access
3 Citations
6,718 Views
21 Pages

8 February 2024

The United Nations has promoted and supported the UNCTAD Creative Economy Programme since 2004 to help countries around the world understand how to promote economic development through creativity in industries. This research article aims to determine...

  • Article
  • Open Access
1 Citations
3,257 Views
22 Pages

8 February 2024

The paper examines a paradigmatic example of post-conflict economic development of Vukovar, Croatia. It represents a pertinent case study for localities encountering analogous challenges, most notably urban areas in Ukraine in the near future. The wa...

  • Article
  • Open Access
3 Citations
4,514 Views
27 Pages

6 February 2024

This research compares the global debt trends in the aftermath of the COVID-19 pandemic, focusing on economies that frame the North and South divide. The research centers on debt ratios, which serve as indicators of countries’ ability to financ...

  • Article
  • Open Access
6 Citations
6,577 Views
27 Pages

On the Dynamic Changes in the Global Stock Markets’ Network during the Russia–Ukraine War

  • Kashif Zaheer,
  • Faheem Aslam,
  • Yasir Tariq Mohmand and
  • Paulo Ferreira

4 February 2024

Analysis of the relationships among global stock markets is crucial for international investors, regulators, and policymakers, particularly during a crisis. Complex network theory was applied to analyze the relationship between global stock markets d...

  • Article
  • Open Access
7 Citations
5,076 Views
26 Pages

How Do Remittances Influence the Mitigation of Energy Poverty in Latin America? An Empirical Analysis Using a Panel Data Approach

  • María Gabriela González Bautista,
  • Eduardo Germán Zurita Moreano,
  • Juan Pablo Vallejo Mata and
  • Magda Francisca Cejas Martinez

2 February 2024

Energy poverty represents a critical challenge in Latin America today, given the social disparities the region faces. In this context, this study focuses on exploring the effects of remittances on the energy poverty of 13 Latin American countries dur...

  • Article
  • Open Access
5 Citations
9,361 Views
16 Pages

2 February 2024

This study investigates the impact of South Africa’s current account balance on its economic growth from Q1 2015 to Q4 2022 using Auto Regressive Distributed Lags (ARDL) technique. This study incorporates qualitative variables like COVID-19 to...

  • Article
  • Open Access
2 Citations
6,042 Views
25 Pages

Impact of Venezuelan Migration on the Informal Workforce of Native Workers in Colombia

  • William Prieto Bustos,
  • Cristian Darío Castillo Robayo,
  • Jacobo Campo Robledo and
  • Juliana Molina Dominguez

2 February 2024

Colombia experienced a substantial increase in annual migration flow from Venezuela from 2013 to 2019, accumulating 1.7 million migrants by the end of 2019. According to migration data, 2016 was a breaking point in migration growth, with an increase...

  • Article
  • Open Access
13 Citations
5,382 Views
18 Pages

1 February 2024

This comprehensive study explored the efficiency landscape of the Jordanian banking industry from 2006 to 2021, utilizing a dual-pronged approach. First, we assessed the efficiency scores of 15 commercial banks, comprising 13 conventional and 2 Islam...

  • Article
  • Open Access
3 Citations
9,211 Views
25 Pages

31 January 2024

This study investigates the impact of various economic sectors on household income in Thailand. It is conducted in light of the substantial “digital wallet” scheme initiated by the Thai government, with the goal of providing empirical evi...

  • Review
  • Open Access
19 Citations
12,425 Views
24 Pages

31 January 2024

The purpose of this study is to systematically analyze the impact of Industry 4.0 technologies on workforce employability and skills in the South Asian region. The study investigates the driving success factors, challenges, and needed skills by analy...

  • Article
  • Open Access
7 Citations
3,069 Views
16 Pages

30 January 2024

Since their origins, rural development programs have considered the county level as the axis on which to implement their development strategies. Taking Tajo-Salor County (Extremadura, Spain) as a reference, this research analyzes the assessment that...

  • Article
  • Open Access
4 Citations
5,350 Views
15 Pages

The Effect of Burnout Experienced by Nurses in Retirement Homes on Human Resources Economics

  • Ljiljana Leskovic,
  • Sergej Gričar,
  • Raffaella Folgieri,
  • Violeta Šugar and
  • Štefan Bojnec

30 January 2024

The human resources economic implications of nursing burnout amongst nurses working in retirement homes have become a critical concern within the healthcare industry. As the backbone of care provision in these settings, it is crucial to understand th...

  • Article
  • Open Access
4 Citations
4,930 Views
22 Pages

29 January 2024

Economic integration and globalization are expected to promote economic growth and convergence. This article offers a comparative analysis of the pace of development in terms of GDP per capita in 79 economies from 1970 to 2019. Usually, economic conv...

  • Article
  • Open Access
2 Citations
3,901 Views
28 Pages

Modelling the Impact of VAT Fiscality on Branch-Level Performance in the Construction Industry—Evidence from Romania

  • Cristina Elena Badiu (Cazacu),
  • Nicoleta Bărbuță-Mișu,
  • Mioara Chirita,
  • Ionica Soare,
  • Monica Laura Zlati,
  • Costinela Fortea and
  • Valentin Marian Antohi

27 January 2024

Fiscal policy stands as a crucial pillar of economic development through its economic financing function. The regulatory effects of fiscality have been shown to reduce the ripple effects of uncertainties on economic growth within the EU. Unlike the a...

  • Article
  • Open Access
7 Citations
5,018 Views
19 Pages

26 January 2024

Sustainable Development Goal 13 echoes the fact that all countries must make urgent and stringent efforts to mitigate against and adapt to climate change and its associated impacts. Climate financing is one of the key mechanisms used to enable countr...

  • Article
  • Open Access
8 Citations
5,245 Views
25 Pages

24 January 2024

This study challenges the traditional reliance on GDP as the sole indicator of the success of the EU’s cohesion policy, aligning with the evolving academic discourse that calls for a broader spectrum of metrics incorporating social factors. The...

  • Article
  • Open Access
3 Citations
5,041 Views
15 Pages

The Impact of the COVID-19 Pandemic on the Economy of the Slovak Republic

  • Anna Tomková,
  • Jaroslav Gonos,
  • Katarína Čulková and
  • Martin Rovňák

23 January 2024

The main goal of this contribution is to assess the development of the economic condition of the Slovak Republic in the context of the impacts of the COVID-19 pandemic. The situation regarding the development of and changes in the economic condition...

  • Communication
  • Open Access
1 Citations
4,007 Views
14 Pages

23 January 2024

The global financial crisis (2008–2009) represents a notable example of a generally unpredicted crisis in economic history. Nevertheless, it presented features comparable to almost any previous (monetarily related) crisis episode. For instance,...

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Economies - ISSN 2227-7099