📈 economics

Evaluation of Policy-Relevant Forecasting Advantage of Machine and Deep Learning Models over Classical Econometrics: Evidence from Ghanaian Headline Inflation

This study demonstrates that for forecasting Ghana's headline inflation during a period of structural volatility, a simple ARIMA model outperforms complex machine learning and deep learning approaches, suggesting that exploiting inflation's high persistence is more effective than relying on functional flexibility when facing regime shifts.

Isaac Nyame, Baffour Osei, Abigail Boatemaa, Gabriel Osei Forkuo2026-07-28
📈 economics

Institutionally conditioned green bond architecture: A framework for cotton processing in Uzbekistan

This paper proposes an Institutionally Conditioned Green Bond Architecture (ICGBA) framework to finance Uzbekistan's water- and energy-intensive cotton processing sector, demonstrating through multi-method analysis that while commercial financing is unviable, a blended concessional structure can render cluster-level investments profitable while addressing critical institutional and verification gaps.

Nomozali Kholmirzayevich Khaydarov2026-07-28
📈 economics

Finite substitution capacity and the limits of diversification: a multi-agent model of U.S. seafood trade-corridor resilience

This paper employs a multi-agent model of U.S. seafood trade to demonstrate that while diversifying supply corridors effectively restores resilience during isolated bilateral shocks, it fails under simultaneous multilateral disruptions due to the exhaustion of finite shared substitution capacity, thereby highlighting the critical limits of diversification strategies.

Peter Wui2026-07-28
📈 economics

Regime Failure and Workaround Formation: A Theory of Economic Transition

This paper presents a theory of economic transition where regimes persist as the least-maintenance viable architecture until a "stabiliser-transmitter reversal" forces agents to adopt costly workarounds that, upon scaling, eventually replace the incumbent system, a process characterized by inefficient persistence, endogenous transition, and a tradeoff between adoption delays and the informational value of high-friction adoption.

Ashika Mendis2026-07-28
📈 economics

Critical Mineral and Material Supply Availability and Energy System Development: A Multisector Analysis and Implications

This study utilizes an enhanced Global Change Analysis Model to demonstrate that constraints on both bulk and specialty critical mineral supplies create significant cross-sector interdependencies, substantially increasing electricity prices and electric vehicle costs while underscoring the necessity of integrated, economy-wide approaches to managing energy-material supply risks.

Yang Qiu, Brinda Yarlagadda, Neal Graham, Matthew Binsted, Pralit Patel, Marshall Wise, Allen Fawcett, Maggie Liu, Sidda (…)2026-07-28
📈 economics

A Systematic Review of the Economic Feasibility of Implementing Renewable Energy Systems in European Buildings

This systematic review critically examines the economic feasibility of renewable energy systems in European buildings, revealing that while technologies like solar PV and heat pumps can be profitable under specific conditions, their success is heavily dependent on context-specific factors such as system sizing, regional climate, and hybrid policy support, rather than universal viability.

Amir Darabi, Shayan Shamsi2026-07-28