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This paper aims to develop a construction and operation cost model of wastewater treatment for the paper industry in China and explores the main factors that determine these costs. Previous models mainly involved factors relating to the treatment scale and efficiency of treatment facilities for deriving the cost function. We considered the factors more comprehensively by adding a regional variable to represent the economic development level, a corporate ownership factor to represent the plant characteristics, a subsector variable to capture pollutant characteristics, and a detailed-classification technology variable. We applied a unique data set from a national pollution source census for the model simulation. The major findings include the following: (l) Wastewater treatment costs in the paper industry are determined by scale, technology, degree of treatment, ownership, and regional factors; (2) Wastewater treatment costs show a large decreasing scale effect; (3) The current level of pollutant discharge fees is far lower than the marginal treatment costs for meeting the wastewater discharge standard. Key implications are as follows: (l) Cost characteristics and impact factors should be fully recognized when planning or making policies relating to wastewater treatment projects or technology development; (2) There is potential to reduce treatment costs by centralizing wastewater treatment via industrial parks; (3) Wastewater discharge fee rates should be increased; (4) Energy efficient technology should become the future focus of wastewater treatment. [ABSTRACT FROM AUTHOR]

The international recovered paper trade serves two important functions: increasing raw material availability in the paper and board industry and providing economic incentives to recycle. The purpose of this paper is to shed further light on emerging patterns in this trade by empirically analysing the changes in the bilateral trade flows of recycled paper between 1992 and 2008. According to our estimations, two important changes occurred in the 1990s and 2000s. First, the growing importance of developing economies in global recycled paper trade plays a significant role in import demand as a determinant of trade flows. Second, the changes in global trade patterns necessitate investigating the transportation cost measures used in applied research. [ABSTRACT FROM AUTHOR]

The economics of Recycled Paper Sludge conversion into ethanol was here assessed with emphasis on integrating a cellulase recycling system. Without cellulases recycling this process presented positive economic outputs (payback period of 7.85 years; 10.90 Million US$ of accumulated NPV) despite the modest ethanol titers. Recycling both free and solid-bound enzymes allowed considerable savings of enzyme but also an increase on annual costs (0.88%), resulting on a superior economic output: payback period decreased to 7.25 years; accumulated NPV increased to 14.44 Million US$. Recycling exclusively the liquid fraction enabled a clear costs reduction, however, also total ethanol decreased, attenuating the abovementioned benefits. Targeting higher ethanol concentrations, superior solids consistencies were also evaluated. Despite a costs reduction, total ethanol decreased due to a higher ethanol retention on the solid. A sensitivity analysis further revealed that the cost of enzymes and ultrafiltration membrane may be critical on enzyme recycling economic feasibility. [ABSTRACT FROM AUTHOR]

This paper argues that urban-regional income development depends on a larger fabric of economic relations at the national and international levels. Focusing on Core-Based Statistical Areas (CBSAs) in the US, the paper identifies firms' subsidiary networks across space and their changes over time. These networks form a basic architecture through which important growth impulses in production and innovation are transmitted that impact urban income levels. Using a balanced panel of U.S. CBSAs with LexisNexis Corporate Affiliations data from 1993 until 2017, we develop a model that examines the relationship between national and international connectivity and urban income levels, differentiated by origin/destination of ties, industrial sectors, and various interaction effects. Our results strongly support that linkages at both the national and international scale (particularly linkages with European locations) are significantly related to urban-regional income development. [ABSTRACT FROM AUTHOR]

Purpose: Differences in annual publication counts may reflect the dynamic of scientific progress. Declining annual numbers of publications may be interpreted as missing progress in field-specific knowledge. Design/methodology/approach: In this paper, we present empirical results on dynamics of progress in economic fields (defined by Journal of Economic Literature (JEL), codes) based on a methodological approach introduced by Bornmann and Haunschild (2022). We focused on publications that have been published between 2012 and 2021 and identified those fields in economics with the highest dynamics (largest rates of change in paper counts). Findings: We found that the field with the largest paper output across the years is "Economic Development". The results reveal that the field-specific rates of changes are mostly similar. However, the two fields "Production and Organizations" and "Health" show point estimators which are clearly higher than the estimators for the other fields. We investigated the publications in "Production and Organizations" and "Health" in more detail. Originality/value: Understanding how a discipline evolves over time is interesting both from a historical and a recent perspective. This study presents results on the dynamics in economic fields using a new methodological approach. [ABSTRACT FROM AUTHOR]

International soft law is not legally binding, but nevertheless it embodies mainstream values and influences the formation of hard law in global governance. Marine fisheries have become important arenas of global governance, in which developing states are crucial participants. The interactions between soft law and hard law in global marine fisheries can be mainly summarized as follows: soft law can be the precursor for hard law and be implicitly introduced into hard law to enhance normativity; hard law can also be incorporated into soft law. This paper explores the IUU fishing case to illustrate the significant role of soft law on international fisheries law and identify gaps in global marine fisheries governance. The development of international instruments to combat IUU fishing within FAO undergoes a process from voluntary to legally binding with the engagement and promotion of some developed states for their benefits. But IUU fishing concept is defective in its drafting as well as in practical application and indicates the value of emphasizing conservation over economic and social development, which is contrary to the principle of sustainable development and fails to meet the requirements of the developing states. The paper suggests to fill this gap by converting existing values in soft law to foster fishing rules that benefit all states and provide some insights towards this direction. [ABSTRACT FROM AUTHOR]

The paper investigates the determinants of corruption in Russia based on an original survey of 1,376 businesspeople in 39 regions. Regression analysis reveals economically and statistically significant correlations between bribes, development, and state intervention in the economy. Using the instrumental variable of geographical location, this paper provides supportive evidence for a causal (negative) relationship between prosperity and bribes. It finds a positive correlation between regional corruption and state ownership and a negative one between corruption and the size of the bureaucracy. These results hold for both perceived and experiential corruption. This paper contributes to the investigation of corruption in Russia and post-communist countries. It illustrates the importance of economic development, effective bureaucracy, and the reduction of state property for mitigating corruption. [ABSTRACT FROM AUTHOR]

Researches on the Porter hypothesis have paid more attention to the effect of the external constraint force of environmental regulation on green total factor productivity (GTFP), while ignoring the effect of internal force of market competition on GTFP. Using the panel data of Chinese manufacturing industries, this paper measures China's GTFP with the global frontier MML index which is based on the EBM model. The paper then studies the effect of environmental regulation and market competition on GTFP. The combined effect of environmental regulation and market competition on enhancing GTFP is further investigated. The results are as follows: 1) The GTFP of the manufacturing industry has progressed during the study period and the progress of green technology plays a crucial role in promoting GTFP improvement. 2) The environmental regulation and market competition both have an obvious nonlinear effect of U-type on GTFP. Relying solely on the external constraint force of environmental regulation or the internal force of market competition does not promote the improvement of GTFP quickly. 3) As for the combined effect, improving market competition is beneficial to the positive effect of environmental regulation on GTFP. Market competition and environmental regulation show a significant combined positive effect, accelerating the arrival of environmental regulation inflection point. Thus the rapid improvement of GTFP requires the combined effect to be effectively exerted. However, only when the level of environmental regulation is strong or the level of market competition is high can a combined positive effect appear. The conclusion provides China with a meaningful reference for better implementing the policy of environmental regulation and market-oriented reforms to promote green economic transformation. [ABSTRACT FROM AUTHOR]

Urbanization and the release of carbon emission are two significant features of contemporary economic and social progress in China. However, there are few studies that consider how urbanization policy goals affect carbon emission. This paper aims to study the nonlinear effects of urbanization policy goals on carbon emission in 13 cities of the Beijing-Tianjin-Hebei region. In this paper, a multi-dimensional spatial disturbance grey model is proposed. Based on matrix perturbation theory, this paper explores the spatial perturbation bounds of the novel model and verifies that the spatial property of the model is consistent with the viewpoint of the First Law of Geography. Then, the novel model is used to predict the urban carbon emission under different urbanization policy goal scenarios. The results showed that the novel model has spatial regional correlation in spatial region prediction. With the development of urbanization level, carbon emissions show a downward trend in more than 50% of cities from 2022 to 2025. In addition, the improvement of urbanization policy goals will promote the carbon peak time of most cities. The carbon emission intensity will exhibit an inverted U-shaped trend distribution in space. The research results are conducive to providing scientific guidance for the formulation of new-type urbanization policies and helping to achieve the dual carbon goals. • A multi-dimensional spatial disturbance grey model is proposed. • The novel grey model is consistent with the viewpoint of the First Law of Geography. • The spatial distribution of carbon intensity showed an inverted U-shaped pattern. [ABSTRACT FROM AUTHOR]

Economic historians researching other countries, Australian economic historians employed outside Australia (but retaining links with home), and well-known non-Australian economic historians, who spent some of their careers in Australia, are afforded comparatively little attention. I Australian Economic History i is very much an appeal to universities and policy-makers - not to mention historians and economists - to recognise the role that economic history can play in solving the big challenges of our time. A somewhat peculiar dimension of Wright's account is its emphasis on Australian-based economic historians working primarily on Australian economic history. [Extracted from the article]

This article explores the role of the Spanish legal ecology in maintaining social cohesion, bolstering the popular legitimacy of the imperial project, and setting the boundaries of economic development. Drawing the connections between Hapsburg and Bourbon governance through two (inconclusive) legal cases, the first lasting throughout the Spanish War of Succession (1700-1713), and the second occurring during the Seven Years’ War (1756-1763). The ambiguity of missing appeals and references to previous legal actions corresponds to the reality for Africans and their descendants in the Spanish Indies for whom there was rarely a clear endpoint in their dealings with the courts. The first case follows two sisters, Maria Josefa Copete and Lorenza Elena, as they defend their freedom against their half-brother. In the second case Nicolás Quintana, an African slave, fights to avoid being sent to the gold mines and separated from his family. [ABSTRACT FROM AUTHOR]

This study examined whether the contribution of social capital to household economic outputs was greater than that of other types of capital, whether different dimensions of social capital contribute equally to household income, and whether the role of social capital varies among different categories of house- holds. We developed a reduced-form model of the household production function, in which social capital is treated as a production factor similar to other conventional factors such as physical capital, labor, and human capital, with household income and expenditure as dependent variables. The results show that social capital has a strong and positive contribution to household income, and the positive contribution of social capital to the general (the poor) house- hold's income is greater than that of the paper-recycling (the rich) household's income. In contrast to other studies, the number of memberships in associations does not have an impact on household income. [ABSTRACT FROM AUTHOR]

The paper explores the complex interplay between economic development and environmental sustainability in the context of India's pursuit of the Sustainable Development Goals (SDGs). It examines the inherent contradictions and trade-offs involved, particularly in agriculture, industrialisation, and infrastructure sectors. The paper highlights how economic growth, essential for improving living standards, often conflicts with environmental objectives. The paper underscores the importance of integrating economic, environmental, and social objectives to achieve a sustainable and inclusive future for India. [ABSTRACT FROM AUTHOR]

This paper proposes and probes the plausibility of a framework to explain how business associations position themselves politically as trade-related sustainability obligations get stronger. An analysis of the submissions of EU business associations during a consultation on trade and sustainability indicates that firm-level and organisational characteristics explain well trade associations' political cleavages. The paper can provide new insights to help understand a major development in the EU and beyond. The EU is passing through an unprecedented shift in its approach to trade and sustainability as it is likely to rely on legal sanctions to enforce sustainability commitments in trade agreements. Understanding the position of EU business interests in that process is relevant to project the consequences of such shift. Besides, as sustainability provisions in trade agreements get stronger, associations may play an ever-important role in promoting their members collectively or in shielding them from reputational costs. Understanding their political positioning is thus key to understanding the very politics of trade and sustainable development. [ABSTRACT FROM AUTHOR]

The land question is an emotive issue across the world. At independence, erstwhile colonies adopted land reforms to address colonial imbalances in landholding. South Africa is one such country that has embarked on land reforms with the view to correcting economic imbalances created by the apartheid past. However, land reform in South Africa has not only been slow but has failed to deal with the twin challenges of poverty and inequality. Using qualitative research design and neoclassical theory, this paper investigates South Africa's land reforms under the auspices of radical economic transformation. The paper argues that the wholesale expropriation of land without compensation does not fit into the obtaining (neoliberal) economic blueprint that has dominated the country over the years. The call for a radical transformation of landholding rights in the country without structural changes in macroeconomic management remains political rhetoric. [ABSTRACT FROM AUTHOR]

Ecological civilization construction is an important dimension to achieve high-quality economic development. This paper evaluates the eco-efficiency improvement effect of China's ecological civilization pilot zone policy utilizing the synthetic control method (SCM) differences-in-differences method (DID) and examines the influence mechanism of ecological civilization pilot zones on eco-efficiency in the light of the environmental pollution penalty, green technological innovation, and environmental publicity and education. The study results indicate that the construction of the ecological civilization pilot zone policy has substantially boosted eco-efficiency in the pilot areas, with the strongest boosting effect on eco-efficiency in Fujian province, followed by Guizhou province, and not significantly on eco-efficiency in Jiangxi province. Further, this paper also reveals that the construction of ecological civilization pilot zones has effectively contributed to eco-efficiency through channels such as strengthening the environmental pollution penalty, stimulating green technological innovation, and broadening environmental publicity and education. [ABSTRACT FROM AUTHOR]

Most of the literature on the politics of industrial policy describes a policy realm that is dominated by business–state relations. This paper goes beyond this and proposes that, in democratic settings, political competition and civil society actors also play a vital role in industrial policy. Through a lens focused on Brazil during the 2000s, the study delves into the dynamics between the election of a centre-left party and the subsequent industrial policy, highlighting the interplay of democratic mandates, entrenched economic interests, and supportive developmental alliances. Notably, the continuation of a centre-left coalition and consistent institutional frameworks witnessed considerable shifts in industrial policy outcomes, which allows for an in-depth evaluation of interest group influence on policy formation and implementation. By triangulating data from 23 interviews with actors in the industrial policy process, data from the Brazilian National Development Bank (BNDES), and an analysis of industrial policy plans, this paper posits that the prevalence of economic issues in the electoral debate and the participation of societal actors in the policymaking process are enablers of innovation-focused industrial policies; this allows governments to countervail the power of incumbent sectors and undertake policies that are not favoured by the prevailing business interest. [ABSTRACT FROM AUTHOR]

Under the background of rapid global economic transformation, the influence of economic policy uncertainty (EPU) has penetrated all fields of production and life. It is significant to study how it affects the regional carbon emission intensity for regional sustainable development. Based on the data from 30 provinces from 2004 to 2017, this paper takes a complete account of spatial heterogeneity and the dynamic impact of economic policy uncertainty on carbon emission intensity using a spatial econometric model. The main conclusions are as follows: (1) For more than ten years, there have been significant differences and instabilities in economic policy uncertainty and carbon emission intensity in different regions of China. (2) China's local carbon emission intensity shows an objective spatial aggregation effect, which is significant, spatially auto-correlated and clustered. (3) Based on the national level, economic policy uncertainty will significantly increase the regional carbon emission intensity. Additionally, economic policy uncertainty has a significant positive spatial spillover effect, which may increase carbon emission intensity in neighboring provinces. (4) Based on the provincial level, the impact of economic policy uncertainty on carbon emission intensity in various regions is significantly positive, with the most significant impact on the western region. Based on the above conclusions, the paper proposes policy suggestions to stabilize the regional carbon emission intensity in all directions. [ABSTRACT FROM AUTHOR]

• A system of indicators has been established for the high-quality economic development index developed by the Chinese government. • High-quality economic development is divided into five dimensions. • Reliance on the resource industry has significantly reduced the level of high-quality economic development. • The theoretical mechanisms of the impact of resource industry dependence on high-quality development are analyzed. • Government governance capacity weakens the impact of resource industry dependence on high-quality economic development. In resource-dependent regions, the meaning of high-quality economic development has yet to be clarified by published research, despite substantial scholarly interest in the topic. With the help of the economic development index developed by the Chinese government, this paper accurately measures high-quality economic development in 30 provinces in China and investigates how resource dependence and government governance capability affect regional high-quality economic development. Research has found that resource industry dependence has a significant inhibitory effect on high-quality economic development. Additionally, the analysis of the mechanisms revealed that resource industry dependence reduces high-quality economic development through a series of effects including crowding out innovation, weakening coordination, lagging green development, hindering global openness, and sharing in weakening. Further research has revealed that government governance capacity weakens the impact of resource industry dependence on high-quality economic development. A detailed analysis of three subsystem indicators of government governance capacity, namely policy planning, capability commitment, and performance assessment, indicates that they all have a weakening effect. To this end, the paper proposes policy recommendations, including increasing innovation inputs, advancing industrial restructuring, promoting green development, enhancing marketization levels, and constructing a diversified employment system. These measures aim to transform resource disadvantages into resource advantages and facilitate high-quality economic development. [ABSTRACT FROM AUTHOR]

The paper explores the historical and philosophical roots of economic thought, drawing connections between the entrepreneurial mindset and the scholastic traditions that have shaped the conceptual landscape of free markets. Through a multidisciplinary approach, the paper examines how religious and scholastic influences have contributed to the development of economic ideas, providing a nuanced understanding of the ethical dimensions inherent in entrepreneurial endeavors. By unraveling the threads that connect entrepreneurship, prayer, and scholasticism, this paper also seeks to illuminate the symbiotic relationship between faith, intellectual heritage, and the principles that underpin free-market economies. [ABSTRACT FROM AUTHOR]

Against the backdrop of the current political developments in Central and Eastern European (CEE) countries, such as Ukraine, Poland, and Romania, the question arises as to the role played by economic transformation and the resulting innovation linkages in these countries over the last 20 years. The main purpose of this paper is to explore the impact of economic and institutional dimensions on the development of CEE countries, explicitly distinguishing between European Union (EU) members and non‐members, and thus reflecting the differences in institutions and path dependency. Furthermore, the paper contrasts the performance of CEE countries with that of Western European countries. To achieve these objectives, the impact of factors such as innovation, institutions, and political practices on the economic development of 37 European countries from 2000 until 2020 is followed using fixed effects regression and Ordinary least squares (OLS) regression. The results of the analysis show the importance of institutional factors such as low levels of corruption, political freedoms, and intellectual property. The effect of institutional variables was particularly pronounced in the case of non‐EU countries, which indicates the particular importance of the development of stable institutions for achieving higher levels of economic development for this category of countries. [ABSTRACT FROM AUTHOR]

This paper compares immigration reforms across democratic and autocratic states. Mobilising two large-scale datasets, it first challenges the prevailing notion that political regime types inherently dictate immigration policy outputs. The analysis shows that although immigration is central to political debates worldwide, reforms are not that frequent and, when enacted, their restrictiveness does not consistently differ by regime type. Instead, restrictions focus on border controls and openings on entry and integration policies regardless of the political regime in place. The paper then mobilises case studies from around the globe to delve into the policy dynamics underpinning immigration reforms across regimes. It shows that while all migration states grapple with the multifaceted challenges that immigration raises, autocratic politics offers a broader toolkit to resolve the trade-offs between cultural, rights-based, economic and security issues. This creates unexpected opportunities for open immigration reforms under autocratic politics, a dynamic I call the 'illiberal paradox' as a counterpart to the 'liberal paradox' observed under democratic politics. To advance theory-building across the democracy/autocracy divide, the paper concludes by arguing that the liberal and illiberal paradox concepts are not exclusive to democratic or autocratic regimes, respectively, but are valuable analytical tools to understand immigration politics across the political regime spectrum. [ABSTRACT FROM AUTHOR]

Context and background: The existence, survival and continuity of a number of income-generating activities (farming, mining, etc.) depend on land, making it an important lever for a country's development. However, if land is not properly managed and governed, this can leave the door wide open to various forms of embezzlement, including corruption. Corruption is well known to have a deleterious effect on its victims, and when it affects land tenure and access to land, it can affect more than just a country's economy. It can at the first time undermines a country's ability to trade properly with its neighbors, and hindering the continent's ability to fully harness the benefits of free trade agreements as well. Goal and objectives: In the context of Africa's commitment to promoting industrial development through the development of agriculture and food security, it is vital to talk about issues that could hinder these developments, and more specifically the reaching of the Acceleration of the African Continental Free Trade Area implementation. In this instance, the aim is to talk about land corruption. Readers will be led to reflect into the critical role of addressing and eradicating land corruption as a fundamental prerequisite for the successful implementation of free trade initiatives in Africa, but also to facilitate sustainable economic growth and harmonious regional integration. Methodology: This paper offers a broad panorama of negative impacts of land corruption in Africa, and will be based on the experience and lessons of anti-corruption strategies deployed on the land sector in Madagascar. Through an in-depth analysis of the existing challenges, far-reaching consequences, and potential solutions, this work elucidates the paramount importance of curbing land corruption to foster sustainable economic growth, regional integration across the continent and African Continental Free Trade Area’s swift and sustainable implementation. Results: How does corruption affect the land tenure system? What impact does it have? Why and how is it incompatible with the objectives of the African continental free trade area? What can be done to tackle it, based on experience from Madagascar and extended to the African context? This paper gives inputs to those burning questions [ABSTRACT FROM AUTHOR]

This paper uses knowledge base as an intermediary variable and takes Chinese A-share manufacturing listed companies from 2010 to 2018 as the research object to examine the impact of technological mergers and acquisitions on corporate innovation performance. The study found that: (1) Technology acquisition plays a significant role in promoting the innovation performance of enterprises, indicating that for every 1% increase, the technological innovation of manufacturing enterprises will increase significantly by about 0.44%. Using different core variable metrics, different regression samples, and different estimation methods, the results still exist, indicating that this finding is robust. (2) The nature of enterprise property rights, the level of economic development, and the level of technological development have led to the heterogeneity of technological mergers and acquisitions in driving enterprise innovation. (3) The scale of the knowledge base is the key intermediary variable. The findings of this paper are helpful to understand the internal dynamic mechanism of Chinese innovation-driven strategy, and pro-vide policy inspiration for the transformation of high-quality economic development. [ABSTRACT FROM AUTHOR]

Renewable energy sources (RESs) offer key transformative potential from a societal point of view due to their modularity and ability to generate energy at the local level, allowing for the development of grassroots democratic and participatory initiatives. The paper aims to share insights into the processes of creating RES cooperatives in Poland. One of the first cooperatives to be established in the Upper Silesian region in Poland was the energy cooperative (EC) "Our Energy". This study presents an in-depth empirical analysis of a community-based renewable energy cooperative. The study employed a case study methodology, including a SWOT analysis framework, to describe the research subject and identify its strengths, weaknesses, opportunities, and threats. Key findings indicate that members benefit from stable energy prices and full recovery of the energy produced, and the cooperative is at the forefront of energy-sharing practices that minimize costs through direct transactions with the local municipality. The strategic goals of the EC focus on expanding membership, increasing the number of photovoltaic installations, implementing energy balancing, combating energy poverty, and reducing emissions. Challenges such as financial constraints and a lack of real-time monitoring of energy distribution are acknowledged, and carbon footprint reduction innovations and stakeholder engagement are highlighted as forward-looking approaches. The study highlights the role of cooperatives as a model for community-led sustainable energy initiatives. However, the study acknowledges the limitations of its small sample size, suggesting the need for broader research to understand the impact of collaborative energy on decarbonization. Future research directions are proposed, focusing on the long-term sustainability and socioeconomic impacts of energy cooperatives. This study contributes to the scholarly discourse on renewable energy cooperatives by offering insight into their potential to bridge the gap between energy producers and consumers and support sustainable community development. The main novelty of this paper lies in its detailed examination of a specific renewable energy cooperative, incorporating SWOT analysis, stakeholder perspectives, quantitative assessments, and a forward-thinking approach. This multifaceted analysis contributes to the existing literature on renewable energy initiatives, providing a valuable reference for researchers, policymakers, and practitioners in the field. [ABSTRACT FROM AUTHOR]

A previous paper on RIS3 assessed its potential to influence growth strategies and their delivery. It held that significant further investment work was needed in tools and techniques, data and intelligence, and innovation in leadership capacity and capabilities. It further asserted that such investment was needed to be part of a commitment to a long-run learning and evaluation process. This paper considers synergies and dissonances between these national approaches to development in England. In particular, it explores how far RIS represents a step change from previous approaches to innovation-led growth. Alternatively, is it more accurately an incremental facelift and rebranding of previous orthodoxies? Does it add value to or detract from national policy for England? What roles might the approach play in the so-called ‘devolution revolution’? Can the (small scale, ‘light touch’) Advisory Hub approach support and promote those roles? What, if anything, might the England experience have for other nations and regions of Europe? [ABSTRACT FROM AUTHOR]

This study examines how the competing concerns of environmental effects and economic development were used to frame the news coverage of mountaintop coal mining in community and metro papers in Kentucky and West Virginia, regions heavily dependent on the coal-mining industry. [ABSTRACT FROM AUTHOR]

Improving energy efficiency is an effective way to address the issues of economic development, energy saving and emissions reduction. For any important industries it is therefore necessary to measure energy efficiency and set a practical target for it. In this paper, we use CCR, SBM and energy intensity to measure the energy efficiency of the paper industries of 22 EU countries. Results indicate that the SBM and CCR efficiency value is more meaningful for policy makers than that of energy intensity, as measurement results of energy intensity deviate from reality and economic efficiency. The CCR and SBM have roughly the same fluctuation trends and the average SBM energy efficiency value is 0.71, always 10 percent lower than CCR model, as it takes simultaneous account of both the optimal input-output and has more discriminatory power in efficiency measurement. Furthermore, EU policy makers could improve energy efficiency by raising energy prices. As for the 2030 EU target of energy saving and emission reduction, the EU should pay more attention to five major paper producers: Finland, Sweden, Germany, the United Kingdom and Italy. [ABSTRACT FROM AUTHOR]

This paper contributes to the debate on the role of technical change and industrial policy in Indonesian economic growth using the pulp and paper industry as a case study. The analysis indicates that industry and trade policies had a positive influence on growth and capital accumulation, but gave Indonesian pulp and paper companies few incentives to create or deepen their technological capabilities, resulting in fragmented and limited technology assimilation. The findings also raise questions about common interpretations of total factor productivity growth in Indonesia in terms of inspiration versus perspiration. [ABSTRACT FROM AUTHOR]

As the processes of market liberalization and globalization increase the confidence of international actors involved in national third sectors, there exists a cosmopolitan tension between 'mobile elites' and 'locked in' nationals. This paper explores the impact of these tensions on the social enterprise ecosystem in the Republic of Poland and the Socialist Republic of Vietnam. Focused on the internationalized mechanisms of support, the relationship between the social enterprise incubators and international stakeholders, and power distance inherent to the global versus local debate, the findings suggest that normative isomorphic pressures are causing a fundamental ecosystem shift. The monopolization of support and terms of reference have led to entrepreneurs detrimentally being treated as 'organizational heroes' risking burnout, the primacy of international voices within the local context, and the transference of nationals from being 'locked in' to national processes to being 'locked out' of national support. The research suggests the cosmopolitan‐led transformation of activists into entrepreneurs needs to be more carefully considered, to ensure that enforced alignment to international system does not alienate them from other sources and means of sustainability. [ABSTRACT FROM AUTHOR]

In this paper, the STIRPAT model was developed to study the role of financial development in urban low-carbon economic transformation. The statistical analysis used data from 281 prefecture-level cities in China from 2009 to 2019. The results show that: (1) there is a positive U-shaped nonlinear relationship between financial development and urban low-carbon economic transformation. (2) Financial development not only directly affects the transformation of the low-carbon economy, but also indirectly affects it through three transmission channels: environmental regulation, industrial structure, and urbanization. (3) The financial development itself and the level of urbanization have a threshold effect on the transformation of the low-carbon economy. Under the threshold effect of environmental regulation and industrial structure, the role of financial development in the transformation of low-carbon economies presents a process of 'first decrease and then increase'. Therefore, improving the intensity of environmental regulation, implementing differentiated financial and industrial development policies, and controlling the urbanization process are effective measures to promote the transformation of low-carbon economies. [ABSTRACT FROM AUTHOR]

With the rise of China’s economy and the expansion of China’s foreign trade scale, the carbon emissions generated by China’s trade are attracting extensive attention from political and academic circles. In the context of global ‘decarbonization’, this paper focuses on the new trade model of digital trade and uses China's provincial panel data from 2013 to 2021 to deeply explore the effect of digital trade development on carbon emissions and its transmission mechanism. We find that digital trade development can reduce regional carbon emissions through structural and technological effects; specifically, industrial structure upgrading, consumption upgrading, and green technology innovation play a crucial intermediary role in this process. Subsequent investigation reveals a nonlinear, diminishing trend in the marginal impact of digital trade on emission reduction. Furthermore, once digital trade surpasses the threshold of environmental regulation its marginal effect on emission reduction becomes more pronounced. Additionally, employing a spatial econometric model has revealed that the advancement of digital trade can also contribute to reducing carbon emissions in neighboring regions. Heterogeneity analysis results demonstrate that the eastern region exhibits the most significant emission reduction effect in relation to digital trade, followed by the western and central regions. [ABSTRACT FROM AUTHOR]

Ports are essential and strategic nodes of international trade and economic activities. The integration of port resources helps enhance the optimal division of port functions to further promote economic development. This paper explores the evolutionary trends of port integration policy from 2011 to 2021 in China through a text-mining approach. We first used the Latent Dirichlet Allocation (LDA) topic analysis method to analyze the port integration policies and summarize the evolutionary trends of port policies. In addition, an association analysis was conducted to explore port integration policies' impacts by examining their relationships among the environmental protection, digitalization level, and port development scale. Our findings suggested that China's port integration policy has evolved from specific and simple to abstract and complicated at the managerial level. Port development has enriched from infrastructure construction to the ideology of economic development. Our findings show that China's port integration is gradually improving the port operation. The findings of the study contribute to the extant literature by analyzing the port integration policy evolution in China and can be referred to by other countries. • Text mining method was used to explore the port integration policy evolution. • Port integration policy evolved from specific and simple to abstract and complicated. • Port development enriched from basic infrastructure to the governance model. • The evolution of port integration policy was related to reducing carbon emissions in the port sector. • The evolution of port integration policy made the ports intelligent in association with digital technology such as big data and AI. [ABSTRACT FROM AUTHOR]

Purpose: This study aims to shed light on the experience of the United Arab Emirates (UAE) in balancing three main pillars: the environmental criteria, the reduction of CO2 emissions and the economic growth. Based on the environmental Kuznets curve (EKC) framework, it will assess the causal relationship between economic indicators such as gross domestic product (GDP) per capita, trade openness and energy use and environmental indicators such as CO2 emissions. Design/methodology/approach: The analysis relies on a period of 40 years (1981–2020) where data is extracted from the World Bank database. This study uses the unit root test for time series stationarity, the optimal lag length test, the "Johansen" test for co-integration and the vector error correction model. Findings: The paper concludes to two major findings. On a short-term basis, CO2 emissions and economic indicators are negatively correlated, whereas on a long-term basis, there is no association between CO2 emissions and economic indicators in the UAE. Research limitations/implications: The research ends with important recommendations. It illustrates the importance of rationalizing the use of primary resources and the necessity to embrace successful and efficient policies in the energy production. Practical implications: More specifically, UAE is urged to address the problem of CO2 emissions in the electricity sector and increase awareness of the use of environmentally friendly processes in the transport and industrial sectors. While setting their economic agendas, UAE are encouraged to meet environmental criteria and invest in renewable energy projects such as "Shams 1", the largest solar power plant outside of Spain and the USA. Originality/value: The current study is significant in its research on the environmental impact of economic development, trade openness and energy use policies in the UAE. It uses CO2 emissions as an environmental proxy and evaluates the environmental policies adopted in the UAE to reduce its impact. [ABSTRACT FROM AUTHOR]

This paper analyzes the role of networks in the spatial diffusion of local economic shocks in Africa. We show that geographic connectivity, along with road and ethnic connectivity, are important for diffusing economic spillovers over longer distances. We then determine the key players, that is, which districts are key in propagating local economic shocks across Africa. Using these results, we conduct counterfactual policy exercises to evaluate the potential gains from policies that increase economic activity in specific districts or improve road connectivity between districts. [ABSTRACT FROM AUTHOR]

How do capital controls and banking concentration affect economic development? This paper develops a general equilibrium model to study these important issues. To do so, we construct a framework with heterogeneous agents and imperfectly competitive financial intermediaries who help depositors manage liquidity risk. Importantly, higher levels of concentration raise the cost of domestic borrowing which increase the reliance on international capital markets. Finally, once the rate of money growth is sufficiently high, capital controls bind and the effects of monetary policy on capital formation are more pronounced. [ABSTRACT FROM AUTHOR]

Using the multi-product dual revenue function framework, this paper examines the nature and extent of technical and economic interactions among five demersal species of Al-Batinah demersal fishery, Oman during the 2010-2016 period. The parameters of the system of output supply functions are estimated using Zellner's seemingly unrelated regressions (SUR) technique. The likelihood ratio test in relation to the structure of the multi-output production technology rejects the null-hypothesis of input-output separability and non-jointness in inputs. These results suggest that the underlying production technology is non-separable between the outputs and the quasi-fixed input, and the harvesting level of one species is likely to have spill-over economic effects on the harvesting levels of others. The own-price elasticities of output supply are found to be positive, inelastic, and statistically significant in four out of five cases suggesting that, other things being equal, fishers' supply decisions are influenced by the prevailing market prices of outputs. The estimated values of the cross-price elasticity of supply are negative, inelastic and statistically significant at the 5% level for eight output pairs. The calculated values of the Morishima elasticity of substitution (MES) indicate the presence of substitutability between ten output pairs. The cross-price elasticity estimates are in the range of - 0.001 (between Emperor and Catfish) to - 0.275 (between Seabream and Grouper) which is lower (in absolute value) than that of the MES estimates. The magnitudes of the cross-price elasticity and the MES estimates indicate the extent of spill-over effects of one species on the other and signal the extent of species targeting by fishers. A statistically significant spatial, seasonal, and inter-annual variability is observed in all species cases. Finally, the implications of the findings are discussed from the perspective of developing effective management approaches, achieving sustainability of fisheries resources and improving fishers' socio-economic conditions stipulated in the Five-Year development plans for the sector. [ABSTRACT FROM AUTHOR]

This paper examines how the worship of ancient wisdom affects economic progress in historical China, where the learned class embraced classical wisdom for millennia but encountered the shock of Western industrial influence in the mid-nineteenth century. Using the number of sage temples to measure the strength of classical worship in 269 prefectures, I find that classical worship discouraged intellectuals from appreciating modern learning and thus inhibited industrialization between 1858 and 1927. By contrast, industrialization grew faster in regions less constrained by classicism. This finding implies the importance of cultural entrepreneurship, or the lack thereof, in shaping modern economic growth. "The humor of blaming the present, and admiring the past, is strongly rooted in human nature, and has an influence even on persons endued with the profoundest judgment and most extensive learning." —David Hume (1754, p. 464). [ABSTRACT FROM AUTHOR]

• New panel dataset of Marxist variables for 43 countries from 2000 to 2014. • Dataset includes rates of surplus value, composition of capital, shares of productive activity, and profit rates for the global economy. • The paper tests Marx's hypotheses on economic development at the world level. • Marx was right at the global level: capital intensity rises faster than exploitation rate, and the global profit rate declines. • Productive capital relocated to China, and unproductive activity increased in developed countries. We assess Marx's hypotheses about capitalist development on a global scale by constructing a new dataset of Marxist variables (profit rates, exploitation rates, composition of capital, and shares of productive activity) for 43 major economies, derived from world input-output data and national accounts in the 2000–2014 period. Consistent with Marx's hypotheses, the average profit rate declines at the world level, between countries, and within countries. The global rate of exploitation increases until 2008 but stagnates after the financial crisis, while capital intensity continued to increase. At the cross-country level, rich countries became increasingly dominated by unproductive activity. China absorbed much of the world's productive activity and kept the labor share of value added roughly constant at the world level. [ABSTRACT FROM AUTHOR]

A growing body of literature addresses the implications of the ongoing rapid state-led, exportoriented industrialisation in African cities for a range of development concerns -- e.g. labour relations, value chain development, gender relations and China's involvement in infrastructural development. This study focuses on another important implication of Africa's rapid industrialisation that has not been sufficiently explored -- urban--industrial integration. Recent scholarship that looks at the interaction of urban and industrial development in Africa identifies challenges emerging at the nexus caused by lack of policy integration (PI). However, this literature does not address why this disconnect between the policy spheres arises or why it continues to persist. Based on thematic analysis of over a hundred qualitative interviews with key policy actors in the urban--industrial sphere, I argue policy fragmentation in the African urban--industrial nexus is driven by processes of 'authoritarian centralisation' that foster adverse political conditions for PI -- more specifically conceptual integration, policy coordination and infrastructural integration. The study illustrates the relationship between authoritarian centralisation and PI and discusses the ways in which authoritarianism has shaped urban policy, planning and development and its integration into industrial and economic development strategies. The paper contributes to the nascent literature on the politics of urban--industrialisation in a broader range of developmental authoritarian African states. [ABSTRACT FROM AUTHOR]

Modern communication technologies make information more easily and quickly accessible, leading to more transparent and competitive markets. Based on a theoretical model, this paper provides new empirical evidence on the potential impact of online search intensity on asymmetric cost pass‐through. Prices often move as 'rockets and feathers': they rise quickly in response to cost increases and they fall slowly in response to cost reductions. A panel threshold error correction model is applied to weekly producer and retail prices of chicken and mutton in Iran. The results suggest that the volume of online searches is associated with a more complete and less asymmetric cost pass‐through from farmgate to retail prices. Thus, online platforms and search engines have the potential to increase competition by bringing prices closer together and reducing profit margins. [ABSTRACT FROM AUTHOR]

This paper investigates the determinants of eXtensible Business Reporting Language (XBRL) adoption using the Technology-Organizational-Environment framework. This framework explains how the process of adopting and implementing XBRL is influenced by the technological context (country's firm-level technology absorption and technological capacity), organizational context (education) and environmental context (level of economic development; degree of external economic openness; investor protection; accounting system and the burden of government regulation). Using a sample of 78 countries during the period 2009–2017, we find that countries with high levels of technology absorption, higher levels of economic development and strong investor protection are more likely to adopt XBRL. [ABSTRACT FROM AUTHOR]

Since the early 2000s, plant closures have been a significant concern in Ontario, Canada. Scholars and policymakers alike aim to investigate the causes of plant closures and determine how to mitigate their impacts. Despite the large body of literature on plant closures, local economic development practitioners' perspectives and experiences have been neglected. To fill this gap, this paper interviewed twenty-two practitioners from various cities in Ontario to understand how practitioners perceive and respond to plant closures. The findings provide a comprehensive overview of the various dynamics of plant closures. Also, based on the findings, seven policy recommendations are presented. [ABSTRACT FROM AUTHOR]

Population aging has become a social issue of concern to the whole world, and as the world's most populous country, how to cope with population aging will be a hot issue that all sectors of Chinese society must think about. This paper uses provincial panel data from 30 provinces in China from 2000 to 2021 to study the relationship between population aging and economic development based on the perspective of health expenditure. The DIFF-GMM model, the fixed effect model (FE), and fixed effect instrumental variable model (FE-IV) are used to test this study. The following two conclusions are drawn from the empirical study: (1) population aging has a significant inhibitory effect on economic development, while health expenditures have a significant promotional effect on economic development; and (2) increased health expenditures help to alleviate the negative impact of population aging on economic development. However, the deepening of population aging will likewise inhibit the positive effect of health expenditure on economic growth. Based on the conclusions of the study, it is recommended that the government and society should continue to increase spending in the field of health protection, encourage and guide residents to carry out self-care, and moderately increase personal health expenditure, to promote economic development with healthy bodies and realize the goal of "Healthy China". [ABSTRACT FROM AUTHOR]

With the development of China's economy entering a new stage, the quality of life, which centers on the well-being of residents, provides an essential hand in promoting the transformation of the regional economy from high-speed development to high-quality development. Based on a panel threshold regression model, we examine in this paper whether quality of life helps regional economies realize developmental convergence. The research shows that: (1) The quality of life overall can promote regional economic development and passes the series test with relatively robust results. (2) The quality of life has a non-linear effect on regional economic growth, which is mainly manifested in the fact that the impact is more significant in regions with higher levels of quality of life and weaker in regions with lagging quality of life and may widen the gap between regions at the same time. (3) We categorize the study regions to test further regional heterogeneity based on regional location and development status. At the Quality of Life Level-I regions, their influence on economic development has a more substantial pulling effect. Therefore, each region should seize the strategic opportunity to improve the quality of life, focus on the balanced development of the quality of life, strengthen policy support and social security, and strive to promote the coordinated development of China's regional economy. [ABSTRACT FROM AUTHOR]

To stimulate economic growth, China has launched multiple economic stimulus plans in recent years, intensifying corporate debt financing and subsequently elevating the leverage levels. Addressing and effectively reducing the leverage levels of our country's enterprises has emerged as a pressing issue in the trajectory of our economic development. This paper primarily investigates the drivers, pathways, and mechanisms for reversing the over-leveraged values of enterprises. Key findings include: (1) Excessive indebtedness exerts a negative impact on corporate value, with the suppressing effect intensifying as the degree of over-leverage increases; (2) Over-leveraged enterprises can effectively decrease their debt levels and enhance their value through private placement. Further research suggests that this mechanism operates by amplifying the operational leverage of over-leveraged enterprises post private placement and alleviating financing constraints, thereby elevating corporate value. (3) Compared to non-state-owned enterprises, state-owned enterprises exhibit higher levels of indebtedness. Among over-leveraged firms, enhancements in corporate governance and increased investment efficiency can positively transform corporate value. This study offers valuable insights for the ongoing supply-side structural reforms and governance guidance from the regulatory bodies. [ABSTRACT FROM AUTHOR]

Traditional literature on Economic Growth highlights the role of the manufacturing sector in fostering economic growth. This sector, characterized by increasing returns, plays a fundamental role in both static and dynamic scale gains within the economy. Recently, an increasing number of studies have suggested that the increased share of the modern services sector also significantly contributes to innovation, productivity, and increased output. The aim of this paper is to reevaluate growth theories in light of the emerging prominence of the services sector and to outline key components of a research agenda that encompasses this sector as a crucial area of investigation. To substantiate this argument, we apply a GMM (Generalized Method of Moments) model to a dataset spanning from 1990 to 2018, encompassing fifty-one (51) countries, in order to evaluate the impact of modern services on manufacturing performance. An interaction variable is employed to test whether a symbiotic relationship between industry and services is the driving force behind economic growth. The results demonstrate the relevance of the services sector. Finally, we suggest possible research lines to be developed. [ABSTRACT FROM AUTHOR]

Frankish customs regulations recorded in the tenth‐century 'Inquest on the tolls of Raffelstetten' have long formed a cornerstone of traditional arguments about slavery's role in the early medieval European economic revival. This paper experiments with the application of a more‐than‐human lens to the Raffelstetten record and other evidence to generate new insights into the intimate experience of enslavement and the interspecies networks of relations that shaped the slave trade and slave markets in early medieval Europe. Human and animal entanglements, as revealed in the Raffelstetten record, determined how enslaved people experienced capture, transport, and sale. [ABSTRACT FROM AUTHOR]

What we propose in this paper is to elaborate on what it means to consider 'migration' as part of an oikonomia. This is not an 'economic perspective on migration' but a genealogy of migration as a way of managing people in light of both colonial divides and questions of labor and race. First, we argue that 'migration' is constituted as an effect of accounting, of the registration of comings and goings and of belonging within a reference space of governed territories. We illustrate how migration is born out of the specific accounting inventions made by Ernst Ravenstein. Second, we argue that the accounting of a singular thing called migration only starts to take off when nineteenth-century empire reaches its tipping point. Third, we illustrate how this accounting constitutes a form of double bookkeeping. To record or register migration is to make a record of what the nation would be if the people marked as migrants were not present, and it is to simultaneously record what it costs the nation now that they are. In this oikonomia, migration is enacted as a form of debt. [ABSTRACT FROM AUTHOR]