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Economies, Volume 12, Issue 5

2024 May - 28 articles

Cover Story: Within an optimal currency area, the synchronization of fuel prices is crucial as it supports the effective implementation of policies and promotes macroeconomic stability. Our study examines the correlation between the price paths in the gasoline and diesel markets at the national level in the EU. Using data from 2017 to 2022, we construct networks in which the nodes represent EU member states, and the edges denote significant temporal correlations in fuel prices between these states. Empirical evidence suggests that diesel markets exhibit a more distinctive pattern of price co-movements than gasoline markets. Furthermore, the implementation of fuel taxation policies appears to have a negative impact on fuel price co-movements. View this paper
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Articles (28)

  • Article
  • Open Access
7 Citations
3,606 Views
20 Pages

Comparative Analysis between Quality of Life and Human Labor in Countries Belonging to G7 and BRICS Blocks: Proposition of Discriminant Analysis Model

  • Gustavo Carolino Girardi,
  • Priscila Rubbo,
  • Evandro Eduardo Broday,
  • Maik Arnold and
  • Claudia Tania Picinin

The aim of the present research is to identify and analyze the variables which help to effectively differentiate Quality of Life (QoL) and human labor in the G7 (Germany, France, Italy, Canada, Japan, United Kingdom, and United States of America&mdas...

  • Article
  • Open Access
2 Citations
3,700 Views
14 Pages

The development of ports for the sake of tourism is one of the key strategies in developing and strengthening a solid foundation in the tourism industry. The integration of a supply chain into port management for the purposes of tourism that is susta...

  • Article
  • Open Access
2,092 Views
21 Pages

We analyze various determinants of the average price level using a strictly mathematical approach. Starting with the microeconomic perspective, we review the effect of demand shifters such as consumer income and the level of advertising on the averag...

  • Article
  • Open Access
4 Citations
3,719 Views
20 Pages

Under the new development model, the digital economy has become a new engine to promote the green development of the economy and realize the goal of “double carbon”. Based on the panel data of 30 provinces in China from 2010 to 2020, this...

  • Article
  • Open Access
2 Citations
2,408 Views
16 Pages

Due to the present worldwide economic development, there is an increasing need to follow the financial health of companies in individual sectors to avoid possible decline and bankruptcy. The goal of this contribution is to find out the influence of t...

  • Article
  • Open Access
1 Citations
2,860 Views
18 Pages

This research contributes to the ongoing discourse concerning the efficiency of public capital and its influence on the productivity of private capital and total factor productivity within African economies. Employing the standard production approach...

  • Article
  • Open Access
4 Citations
2,972 Views
28 Pages

This paper endeavors to construct an evaluative framework to assess the level of development in advanced manufacturing across the 31 provinces in China from 2003 to 2021. Additionally, it aims to investigate the impact of industrial synergy agglomera...

  • Article
  • Open Access
2,495 Views
20 Pages

Unemployment presents a significant challenge requiring attention not only in developing countries but also in economically developed ones. Active labour market policies offer a potential solution to address this issue. This study focuses on assessin...

  • Article
  • Open Access
2,826 Views
17 Pages

To evaluate variations in the well-being dimensions of European citizens, we rely upon Principal Component Analysis methodology, whereby a large set of interrelated indicators are reduced to a small number of aggregate synthetic variables. We find th...

  • Article
  • Open Access
38 Citations
6,522 Views
21 Pages

Empowering Pakistan’s Economy: The Role of Health and Education in Shaping Labor Force Participation and Economic Growth

  • Muhammad Umair,
  • Waqar Ahmad,
  • Babar Hussain,
  • Costinela Fortea,
  • Monica Laura Zlati and
  • Valentin Marian Antohi

The labor force is a crucial factor in conducting economic activities, especially in labor-surplus countries like Pakistan. In this study, we explore the impact of labor force participation (LF) on economic growth (EG), with an emphasis on how this i...

  • Article
  • Open Access
4 Citations
3,826 Views
37 Pages

This study examines the impact of the COVID-19 pandemic on sector volatility in sub-Saharan Africa by drawing evidence from two large and two small stock exchanges in the region. The analysis included stock-specific data, COVID-19 metrics, and macroe...

  • Article
  • Open Access
5 Citations
3,113 Views
17 Pages

Analyzing Fiscal Sustainability in Latin American Countries: A Time–Frequency Perspective

  • Nini Johana Marín-Rodríguez,
  • Juan David Gonzalez-Ruiz and
  • Alejandro Peña

This study examines fiscal sustainability in Latin American countries from a unique time–frequency perspective, focusing on Brazil, Chile, Colombia, Peru, and Mexico from 1997 to 2022. Using wavelet coherence analysis, it uncovers dynamic relat...

  • Article
  • Open Access
3 Citations
2,148 Views
16 Pages

Following the global financial crisis, an increasing amount of attention has been directed towards examining the Beveridge curve (BC), which indicates the relationship between unemployment and vacancy rates. This research analyzes the unemployment&nd...

  • Article
  • Open Access
5 Citations
5,509 Views
25 Pages

Is There a Link between Remittances, Capital Formation, Structural Transformation and Economic Growth? A Dynamic Panel Analysis for Latin America under the PVAR Approach

  • Eduardo Germán Zurita Moreano,
  • María Gabriela González Bautista,
  • Juan Pablo Vallejo Mata and
  • Víctor Dante Ayaviri-Nina

The literature has mainly focused on analyzing the relationship of remittances with economic growth and social welfare, neglecting more complex aspects where remittances can have relevant implications. To contribute to the literature, the objective o...

  • Article
  • Open Access
9,634 Views
25 Pages

The Impact of the Stimulus Packages on the Economy during COVID-19 in Bangladesh: A Mixed-Method Approach

  • Ruhul Amin,
  • Nahian Rahman,
  • Samira Tasnim,
  • Sima Rani Dey and
  • Mohammad Tareque

With the unexpected onset of COVID-19, governments across the world responded with a range of preventive measures, including the imposition of lockdowns. To mitigate the adverse effects of lockdowns arising from supply chain shocks and employment los...

  • Article
  • Open Access
2 Citations
14,962 Views
14 Pages

Water For Food in Euphrates–Tigris River

  • Abdelmoneim Bahyeldin Mohamed Metwally,
  • Mai M. Yasser and
  • Merna Ahmed

Water scarcity is an important threat to food security in the Euphrates–Tigris river. Water scarcity is a huge worldwide problem that results from the rapid increase in water demand, which exceeds the amount of available water. The most signifi...

  • Article
  • Open Access
8 Citations
5,544 Views
32 Pages

Efficiency in stock markets is essential for economic stability and growth. This study investigates the efficiency and herding behavior of the stock markets from the top economies of the world (known as G20 countries). We classify stock market indice...

  • Article
  • Open Access
4 Citations
4,602 Views
16 Pages

The energy revolution in Saudi Arabia has accelerated significantly since 2016, driven by the National Vision 2030. Significant changes to energy subsidies took place, and the renewable energy sector has seen rapid growth. The paper presents an empir...

  • Article
  • Open Access
6 Citations
3,574 Views
19 Pages

Navigating Kazakhstan’s Sustainable Economic Future: A Study of Tech Innovation, Infrastructure, and Resource Management

  • Gani Rakhymzhan,
  • Nazym Esbergenovna Dabyltayeva,
  • Gaukhar Sakhanova,
  • Elvira Abdulmitovna Ruziyeva and
  • Assemgul Bauirzhanovna Bekmukhametova

In a quest to illuminate Kazakhstan’s economic horizon within a sustainable context, this study delved into the complex interplay of sustainable tech innovation, investment in sustainable infrastructure, and natural resource management. The stu...

  • Article
  • Open Access
9 Citations
5,854 Views
18 Pages

This study seeks to investigate the potential effects of the recent pandemic (COVID-19) on capital structure dynamics. The Gulf Cooperation Council (GCC) is a fascinating topic for this study because of its distinct economic characteristics. The anal...

  • Article
  • Open Access
2 Citations
7,827 Views
24 Pages

Fuel Price Networks in the EU

  • Fotios Gkatzoglou,
  • Theophilos Papadimitriou and
  • Periklis Gogas

This study deals with the evolution of fuels’ prices over time in the EU. The central research inquiry revolves around whether there exists any correlation among the trajectories followed by national prices in the gasoline and diesel markets. T...

  • Article
  • Open Access
6 Citations
12,663 Views
19 Pages

For several decades, multinational enterprises (MNEs) have offshored their manufacturing activities to low-cost countries to achieve significant productivity gains. However, changes in the relative competitiveness of countries, social effects of dein...

  • Article
  • Open Access
1 Citations
4,637 Views
16 Pages

Exploring the Macroeconomic Effects of Renewable Energy in Tajikistan: An Empirical Analysis

  • Mirzosaid Sultonov,
  • Behruz Hasanov,
  • Pirumsho Valizoda and
  • Fumiaki Inagaki

Tajikistan holds the eighth position globally in terms of hydropower potential, estimated at 527 terawatt-hours (TWh), with a technically exploitable capacity of 317 TWh. Only 4–6 percent of this immense potential is currently utilized. In this...

  • Article
  • Open Access
1 Citations
2,411 Views
17 Pages

This study advances the understanding of the Preferred Habitat Model’s capacity to shed light on the inter-market transfer of mean returns and the diffusion of price volatility in Pakistani investment markets. It examines the extent to which re...

  • Article
  • Open Access
11 Citations
16,521 Views
36 Pages

Tax Complexity and Firm Tax Evasion: A Cross-Country Investigation

  • Prianto Budi Saptono,
  • Gustofan Mahmud,
  • Fauzilah Salleh,
  • Intan Pratiwi,
  • Dwi Purwanto and
  • Ismail Khozen

This paper endeavours to investigate whether a complex tax system influences firms’ propensity toward tax evasion across countries. To achieve the objectives of this study, we utilised the World Bank Enterprise Survey and the World Bank’s...

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Economies - ISSN 2227-7099