📈 Category

econ

1072 papers

📈 economics

Financial Inclusion across Muslim- and Non-Muslim-Majority Economies: Evidence on Account Ownership, Access Pathways, and Digital Enablement

Using Global Findex 2024 data from 38 lower-middle-income economies, this study reveals that Muslim-majority countries exhibit significantly lower financial inclusion than their non-Muslim counterparts across account ownership, a stronger reliance on bank-only access pathways, and reduced digital enablement among account holders, highlighting the need for ecosystem-specific policy interventions.

Waqas Shair, Ahmad Salman, Fiaz Ahmad, Aamir Hayat, Anusuyah Subbarao2026-09-03
📈 economics

Macroeconomic Burden of Six Major Metabolic Diseases in Low- and Middle-Income Countries: A Value of Lost Welfare Analysis Based on the Global Burden of Disease Study 2023

This study quantifies the substantial and growing macroeconomic welfare burden of six major metabolic diseases across 120 low- and middle-income countries, revealing that these conditions cost 35.74% of total GDP in 2023, with hypertension currently dominating losses but obesity projected to drive the fastest future increase, thereby highlighting urgent needs for integrated prevention and equitable resource allocation.

Juan Wang, Yan Zhao, Zhaoyu Guo, Xiaoming Wu, Jie Xu, Hang Guo2026-09-03
📈 economics

Generative Artificial Intelligence and the Pricing of Complex Earnings Information: Evidence from the Release of ChatGPT

This paper provides evidence that the release of Generative AI, specifically ChatGPT, reduced investors' processing costs for complex financial disclosures, thereby attenuating the post-earnings-announcement drift primarily for firms with high information complexity and low institutional ownership, which supports the costly processing explanation over competing risk or arbitrage-limit theories.

XiaoXi Ma2026-09-03
📈 economics

Renewable Energy Foreign Direct Investment and Global Power Sector Green Transition: Micro-Level Evidence for Sustainable Development

Using a unique firm-project-level dataset spanning 185 countries from 2003 to 2023, this study demonstrates that renewable energy foreign direct investment significantly accelerates the global power sector's green transition by increasing renewable electricity generation and employment, with effects that are strongest for wind and solar projects in high-income economies and through expansion initiatives rather than new investments.

Gan Lin, Yongwei Yu, Yinuo Zhang, Yoshifumi Takahashi2026-09-03
📈 economics

Does Confucian culture affect corporate cash dividend policy? Evidence from Chinese listed firms

Using data from Chinese listed firms (2007–2022), this study demonstrates that Confucian culture positively influences corporate cash dividend payouts by enhancing altruism, alleviating financing constraints, and reducing agency costs, with these effects being particularly pronounced in non-state-owned firms, competitive industries, and regions with fewer foreign cultural shocks.

Chuanzhen Li, Youliang Yan, Yidong Li2026-09-03
📈 economics

The Value of Persistence in Regional Trade Accounts: When Is New Information Worth Collecting?

This paper demonstrates that for regional trade accounts, where economic structures change slowly, the value of new data collection is often low compared to leveraging existing benchmarks, as old direct observations frequently outperform sophisticated estimators using current data and much of the apparent decay in aged benchmarks stems from measurement regime shifts rather than actual economic changes.

Michael L. Lahr2026-09-03