📈 economics

When Disclosure Reveals and Conceals: Differential Effects of Environmental, Social, and Governance Pillars on Earnings Management in Saudi Arabia's Vision 2030 Era

This study of Saudi Arabian firms reveals that ESG pillars exert divergent effects on earnings management—where governance constrains, environmental disclosure acts as camouflage for unprofitable firms but constrains profitable ones, and social disclosure remains neutral—highlighting how firm profitability and mandatory regulation critically reshape these relationships beyond aggregate ESG measures.

Fawwaz Alrwabdah, Ahmad Alomari, Awatif Alsheikh, Warda Alsheikh2026-06-29
📈 economics

Endogenous Spatial Deformation and Agglomeration Shadows: A One-Dimensional Model with Infrastructure-Induced Metric Change

This paper develops a continuous-space New Economic Geography model on a unit circle to demonstrate how endogenous infrastructure-induced metric deformation creates "agglomeration shadows" and establishes a critical trade-cost threshold beyond which concentrated, low-frequency investment strictly outperforms uniform investment in maximizing welfare.

Luoluo Gu, Qi Xiao2026-06-29✓ Author reviewed
📈 economics

AI Adoption as Technology Transfer: A Framework for Governance, Validation and Knowledge Preservation

This paper proposes the AI Technology Transfer Framework (AITTF), a seven-stage governance model that reframes AI adoption as a technology-transfer challenge—drawing on principles from regulated industries to ensure reproducibility, traceability, and knowledge preservation—thereby addressing the critical gap in capturing organizational expertise and maintaining accountability during the transition to AI-enabled systems.

Musarat Kabir-Chisty2026-06-28
📈 economics

AI-driven Technological Innovation and Climate Finance as Catalysts for Green Growth in Africa’s Carbon-Intensive Economies

This study demonstrates that in five major carbon-intensive African economies, climate finance and AI-driven technological innovation act as complementary catalysts for inclusive green growth, with climate finance showing immediate robust effects and AI innovation contributing cumulatively over time to support the transition away from fossil fuel dependence.

Kingsley Imandojemu, Samson Alika, Romanus Osabohien, Michael Oyedele Oyenuga, Beatrice Desiree Simo-Kengne, Nnaemeka V. (…)2026-06-26
📈 economics

Anticipatory Responses to U.S. EV Mandates and Global Energy Markets

This paper finds that while U.S. states generally showed no immediate anticipatory response to upcoming EV mandates, later-adopting states experienced a significant increase in EV stock due to policy credibility, a shift that ultimately reduces global petroleum dependence and improves welfare for importing economies through terms-of-trade adjustments similar to those caused by oil supply disruptions.

Wasiu Akintunde, Hassan Odugbemi2026-06-26
📈 economics

Institutionalized R&D, Patent Output and the Domestic Core–Periphery of Innovation: Evidence from Türkiye’s NUTS-2 Regions

This study analyzes Türkiye's NUTS-2 regions to demonstrate that the conversion of institutionalized R&D capacity into patent output is highly concentrated in a domestic innovation core, driven by cumulative interactions between regional welfare, absorptive capacity, and technology specialization rather than by isolated inputs.

Kamil Taşcı2026-06-26
📈 economics

Why Growth Does Not Always Strengthen Financial Markets? The Role of Institutions in the Association of Southeast Asian Nations

This study of nine ASEAN economies from 1997 to 2021 reveals that institutional quality acts as a critical conditioning factor in the growth–finance nexus, where economic growth significantly expands credit availability in economies with weaker institutions but yields diminishing returns in those with stronger, more developed financial systems.

Tennyson Pangambam2026-06-26