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Economies, Volume 13, Issue 3

March 2025 - 28 articles

Cover Story: This paper empirically investigates the short- and long-term impact of public expenditure on economic growth. We use annual data from 28 European Union (EU) countries for the 1995–2022 period and estimate a growth model augmented for public expenditure, employing the Autoregressive Distributed Lag (ARDL) panel data approach. Our results support the view that different categories of public expenditure have dissimilar long- and short-term effects on the economic performance of EU countries. View this paper
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Articles (28)

  • Article
  • Open Access
2,246 Views
25 Pages

This research aims to explain the role of food processing in improving the sustainability of food security under the framework of ‘Goal 2’ associated with the Sustainable Development Goals (SDGs). The research methodology relied on descri...

  • Article
  • Open Access
1,198 Views
16 Pages

The paper aims to analyze the effect of geopolitical uncertainties on growth in the countries of selected Turkic republics and neighboring states which are experiencing geopolitical uncertainty, especially regarding their position in the global econo...

  • Article
  • Open Access
2,116 Views
15 Pages

Monetary Policy Adjustments in Mexico During COVID-19: Fear of Floating and Macroeconomic Volatility

  • Jesús Eduardo López-Mares,
  • Juan Manuel Ocegueda-Hernández and
  • Rogelio Varela-Llamas

The aim of this paper is to investigate how the central bank of Mexico—a prototypical emerging market economy (EME)—adjusted its reaction coefficients according to an estimated Taylor-type rule in response to the COVID-19 pandemic and the...

  • Article
  • Open Access
1,804 Views
42 Pages

This article presents a game-theoretic model analyzing the strategic competition between hard and fiat money, involving a representative player and a consolidated bank (including the central bank). The findings reveal counterintuitive interactions be...

  • Article
  • Open Access
1,779 Views
22 Pages

As countries worldwide endeavor to fulfill the United Nations Sustainable Development Goal (SDG) 10, which emphasizes reducing inequality, there is a growing imperative to utilize tax policy and institutions to accomplish this objective. Hence, this...

  • Article
  • Open Access
2 Citations
1,444 Views
28 Pages

This study investigates the interrelationships between institutional frameworks, innovation ecosystems, and stakeholder coordination in enhancing the global competitiveness of Ethiopia’s Integrated Agro-Industrial Parks (IAIPs) in Yirgalem and...

  • Article
  • Open Access
2 Citations
2,280 Views
19 Pages

Economic growth and development are key to societal well-being, yet emerging economies in Central Asia and the Caucasus face challenges such as labor market inefficiencies, uneven capital distribution, and weak institutions. This study examines the i...

  • Article
  • Open Access
1,148 Views
15 Pages

Couchsurfing, a non-commercial form of accommodation, has become a way of life for travellers who want to open to other cultures and exchange with the inhabitants of the countries or regions they are visiting in a more active and authentic way. Despi...

  • Review
  • Open Access
2 Citations
6,848 Views
36 Pages

Household debt plays a crucial role in influencing the performance of the economy and its vulnerability to shocks. This study synthesises studies on this topic. We used the systematic literature review technique to analyse 97 studies from the EBSCO,...

  • Article
  • Open Access
1 Citations
1,302 Views
20 Pages

The integration or resettlement efforts aimed at self-reliance of refugees are requisite for their adaptation to social and economic shocks and consequently to their human development and contribution to economic growth. This study analyses the drive...

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Economies - ISSN 2227-7099