📈 Category

econ

386 papers

📈 economics

Quantile Connectedness Between African Stock Markets and Quadruple Policy Uncertainty: Regime-Dependent Spillovers Across Geopolitical, Oil, Energy, and Climate Risks

This study utilizes Quantile Vector Autoregression and R²-based connectedness models to demonstrate that seven major African stock markets are deeply integrated with global geopolitical, oil, energy, and climate policy uncertainties, revealing that these spillovers are asymmetric and regime-dependent, with geopolitical and oil risks acting as dominant shock transmitters while specific African markets like NSE, DSE, and CSE serve as net transmitters amidst varying market conditions.

David Korsah, Seth Kwadwo Danso2026-07-23✓ Author reviewed ⓘ
📈 economics

Scale Meets Networks: Interactions and Multi-path Transmission Mechanisms between Urban Economic Scale and Innovation Networks in China

Using patent data from 296 Chinese cities and a generalized structural equation model, this study reveals a converging superlinear relationship and positive feedback cycle between urban economic scale and innovation networks, where economic scale drives network formation more strongly through labor matching, while industrial agglomeration creates negative lock-in effects and policy pathways remain context-dependent.

Ying Zhou, Wensheng Zheng2026-07-23
📈 economics

International used electric vehicle trade: Enabling conditions and justice considerations

By combining quantitative trade analysis with qualitative interviews, this paper reveals that the emerging global market for used electric vehicles is driven by five distinct enabling conditions that currently foster an inequitable "trickle-down" transition favoring wealthier nations, thereby necessitating urgent policy interventions to address environmental justice and sustainability concerns.

Nathaniel Dolton-Thornton, Hengrui Liu2026-07-23
📈 economics

The Politics of Reservation Utilisation: SC/ST College Seats and Government Jobs by Ruling Party in India, 2012–2022

This study finds that while cross-sectional data initially suggests a negative association between BJP governance and SC/ST reservation utilization, rigorous panel analysis and event studies reveal that this correlation is driven by regional confounding factors—specifically lower baseline literacy and administrative capacity in North and Central India—rather than the ruling party's identity, with state-level human capital and fiscal strength emerging as the true determinants of quota fulfillment.

Kunal Dhanda2026-07-23
📈 economics

The Exaggerated Death of the East India Company: India's License Raj

This paper argues that India's post-1947 License Raj was not a genuine break from colonial rule but rather a structural continuation of the British East India Company's monopoly logic, where state licensing merely replaced foreign colonialists with a domestic political elite to allocate economic rights, thereby sustaining inefficiency until the 1991 reforms dismantled these colonial-style controls.

Abir Mandal2026-07-23
📈 economics

Does Global Value Chain Participation Stabilize or Destabilize Sectoral Growth? A Panel Evidence from 44 Countries

Using panel data from 44 countries, this study reveals that Global Value Chain participation has heterogeneous effects on sectoral growth volatility depending on the direction of linkage (backward vs. forward), the specific economic sector, and the country's income level, suggesting that policymakers should prioritize sector-specific resilience measures over blanket GVC integration goals.

Hüseyin Alperen Özer2026-07-23
📈 economics

Do Aligned States Deliver for SC/ST? Central Welfare Transfers, Partisan Alignment, and Reservation Utilisation in India, 2000–2022

This paper analyzes Indian state-level data from 2000–2022 to find that while partisan alignment between state and central governments increases SC/ST-targeted welfare transfers, the "alignment premium" for these specific funds is significantly smaller than for general transfers and fails to translate into proportional improvements in reservation outcomes due to binding demand-side and administrative constraints.

Kunal Dhanda2026-07-23
📈 economics

Banking Fragility, Credit Allocation, and Private Sector Development in Algeria: Evidence from a Stock-Flow Consistent Financial Model

This paper employs a Stock-Flow Consistent macroeconomic model to demonstrate that Algeria's private sector underdevelopment stems from banking fragility and credit misallocation driven by state-directed lending, showing that credit liberalization and interest-rate reforms could significantly boost private investment and financial stability compared to maintaining current fiscal dominance.

Sid Ahmed ZENAGUI2026-07-23