econ papers | Gist.Science

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

📈 economics

Bridging the Carbon Trust Deficit: Strategic Signaling and Regulatory Retrenchment in Supply Chains

This study employs a four-player evolutionary game theory framework to demonstrate how strategic trust repair by focal firms and a critical reputation threshold can drive the transition from coercive government regulation to an autonomous, market-based carbon governance equilibrium in multi-tier supply chains.

Jiguang Wang, Kexin Wang2026-07-23

📈 economics

Intangible capital and urban innovation capability: Evidence from China

Drawing on the Corrado–Hulten–Sichel framework and utilizing a two-way fixed effects model, this study provides evidence that intangible capital significantly enhances urban innovation capability in China, partly by increasing R&D investment intensity, with implications for innovation-driven development in emerging economies.

Juanfeng Zhang, Xiaoyi Xiang, Rui Han, Danxia Zhang, Yi Han2026-07-23

📈 economics

The Impact of Converting Fossil Fuel Taxes to Pure Carbon Tax on Household Expenditure in Japan

This study demonstrates that converting Japan's existing fossil fuel taxes into a high-rate upstream carbon tax, when paired with targeted consumption tax exemptions on essential goods, effectively mitigates the policy's inherent regressivity and regional disparities while maintaining fiscal revenue and supporting equitable decarbonization.

Koki Yada2026-07-23

📈 economics

Breaking the Center-Periphery Trap? Return Migration Entrepreneurship and Intra-County Spatial Restructuring in China

This paper utilizes a quasi-natural experiment in China to demonstrate that the National Return Migration Entrepreneurship Pilot Program breaks the core-periphery trap by simultaneously boosting aggregate economic growth and reducing intra-county spatial inequality through mechanisms like urban-rural income convergence and digital infrastructure amplification.

BO XU, Yingde Hu, Kunpeng Xu, Gang Zou2026-07-22

📈 economics

Quranic Balance for Environmental Sustainability in Islamic Economics

This study establishes a Quranic framework for environmental sustainability in Islamic economics by analyzing the chronological evolution of key concepts like *al-Mīzān* and *fasād* to propose a Maqāṣid-based model that integrates stewardship with practical mechanisms such as the Islamic Circular Economy, Environmental Waqf, and Green Zakāt.

Abdelghni el amoumri, Madani Ahmiddouch2026-07-22

📈 economics

Dynamic Carbon-Budget Black--Litterman Portfolio Optimization under ETS Transition Risk: EU and UK Historical Learning Cases and a Thai Pre-ETS Application

This paper proposes a dynamic carbon-budget Black-Litterman framework that integrates market priors with carbon-transition views and EUA futures hedging to effectively manage transition risk for investors in both established EU/UK markets and pre-ETS environments like Thailand, demonstrating that such a risk-control overlay improves portfolio resilience during carbon tightening while acknowledging potential costs during policy relaxation.

Wanyok Atisattapong, Pasin Marupanthorn2026-07-22

📈 economics

Dynamic Effects of Prefecture-Level Industrial Structure on Labor Migration: Evidence from Chinese Census Data

Using Chinese census data and a conditional logit model, this study reveals that while prefecture-level nonagricultural industrial structure has historically driven labor migration through wage and employment opportunities, its influence followed an inverted-U pattern from 1996 to 2015, peaking before 2010 and subsequently weakening due to rising living costs and diminishing marginal wage gains.

Xiaolan Yang, Xingzhi Yao, Xuankai Zhao, Xinyue Zhu2026-07-22

📈 economics

Digital Financial Inclusion and Urban Household Consumption: Spatial Spillovers and City Heterogeneity in the Yangtze River Delta, China

This study analyzes panel data from 41 cities in China's Yangtze River Delta (2011–2023) to demonstrate that digital financial inclusion significantly boosts urban household consumption, with effects being stronger in non-core and smaller cities and exhibiting geographically localized spatial spillovers that support the need for differentiated, place-sensitive policy interventions.

Youzhou Wei, Rongdong Huang, Kunlin Tang2026-07-22

← Previous Next →