Category: Economics, Econometrics and Finance
Hometown-return entrepreneurship boosts agricultural resilience
Study evaluates China’s hometown-return entrepreneurship policy impact on agricultural economic resilience using panel data from 2005 counties, finding stronger policy effects in western regions.
Positive CBDC stance linked to higher bank net interest margin
Study shows CBDC development leads banks to widen interest margins by raising both deposit and lending rates to counter increased competition from digital currencies.
Price bubbles found in most examined DeFi and NFT assets
Analysis of speculative bubbles in DeFi and NFT markets using GSADF testing reveals bubble presence in eight of nine examined blockchain assets.
Equity concentration lowered firm value in China’s high-tech manufacturing
Study examines how equity concentration affects firm value in China’s high-tech manufacturing sector during 2019-2023, accounting for COVID-19 pandemic impacts using instrumental variable.
Lack of allocative efficiency improvement explains much of the slowdown
Analysis shows allocative efficiency deterioration, driven partly by sectoral volatility, explains most US productivity slowdown in the 1970s and 2000s.
Most favored nation drug pricing may lower industry research revenue
Analysis of most favored nation drug pricing as policy mechanism to reduce international price disparities and effects on pharmaceutical research investment and innovation.
Task content explains most within-occupation inequality growth
General equilibrium model shows task content changes within occupations drove most of the within-occupation wage inequality growth from 1980 to 2000.
Airfare variation in South Africa is shaped more by distance and airline type
Analyze airfare volatility across South Africa’s domestic airline market. Study reveals low-cost carriers charge less per km than full-service carriers; route distance matters more than booking.
FinTech and board characteristics are linked to higher cash holdings in Jordanian banks
Study of 14 Jordanian banks (2009–2024) reveals significant positive associations between FinTech adoption, board characteristics, and cash holdings, supporting agency and consumer theory.
Digital economy is linked to better rural economy–environment coordination in China
Analysis of how digital economy expansion impacts coordinated rural economic and environmental development across Chinese provinces, revealing threshold effects and regional spillovers.
