📈 economics

Agent-Based Model of IPR and Innovation]{An Agent-Based Model of Intellectual Property Rights Regimes and Innovation: A Comparative Study of Namibia and South Africa

This study employs an agent-based model integrated with Markov chain regime switching and advanced sensitivity analyses to demonstrate that while South Africa's intellectual property rights regime fosters stable, persistent innovation outcomes, Namibia's regime leads to faster convergence but higher volatility.

Albert Shikongo2026-08-07
📈 economics

Asymmetric price transmission and market integration in South Africa’s maize and wheat value chains: evidence from a Nonlinear ARDL approach

Using a Nonlinear ARDL approach on data from 2005 to 2026, this study reveals that South Africa's maize and wheat value chains exhibit asymmetric price transmission where retail prices respond more rapidly to producer price increases than decreases, a phenomenon driven by market concentration and lack of transparency that necessitates stronger regulatory oversight to protect consumer welfare.

Thulani Ningi, Saul Ngarava, Moses H Lubinga, Jabulile Z Manyike2026-08-07
📈 economics

The Labour Liability Ratio: Demographic Ageing, Artificial Intelligence and the Transformation of Labour-Centred Capitalism

This paper introduces the "Labour Liability Ratio" framework to argue that the convergence of demographic ageing and artificial intelligence is destabilizing labour-centred capitalism by simultaneously increasing the costs of sustaining a workforce while diminishing labour's relative contribution to output, thereby necessitating a fundamental reconfiguration of ownership, distribution, and political economy.

philipp humm2026-08-06
📈 economics

Reformulating the Budget Allocation Model in Decentralised Indonesia: A Performance-Based Framework Built through Stakeholder Deliberation

This article presents a stakeholder-deliberated, performance-based budgeting framework in Pontianak, Indonesia, which successfully replaces input-oriented allocations with a composite ecological and non-ecological performance index to address the limitations of fiscal decentralization through a context-specific, replicable model.

Firdaus Firdaus, Hasymi Rinaldi, Wirda Andani2026-08-06
📈 economics

Benchmarking Migrant Talent Integration in Southern Europe: An Exploratory PROMETHEE II Analysis

This exploratory study employs a PROMETHEE II multi-criteria analysis to benchmark the migrant talent integration capacities of six Southern European countries, revealing that while Portugal and Malta perform best, there is a significant divergence between formal policy inclusiveness and actual socio-economic outcomes, with overqualification and asylum pressure emerging as critical differentiating factors.

Kiriakos Tsaousiotis, Konstantinos Panitsidis, Konstantinos Spinthiropoulos, Eleni Zafeiriou, Paschalina Mikie2026-08-06
📈 economics

Consumer Mortgage Choice in Spatially Differentiated Housing Markets: An Agent-Based Model of Default and Refinancing

This paper employs a spatially explicit agent-based model calibrated with Ankara housing data to demonstrate how the interplay between household heterogeneity, urban market segmentation, and institutional constraints like full-recourse lending shapes the non-uniform distribution of mortgage default and refinancing risks in emerging economies.

Bilgi Yilmaz, Berna N. Yilmaz2026-08-06
📈 economics

Digital Transformation, Productivity and Growth: Effects of AI and Broadband Infrastructure Adoption in the European Union

This study reveals that while broadband infrastructure universally drives labour productivity across the EU, AI adoption initially creates a "productivity paradox" in lower-income states that is only resolved when supported by robust broadband connectivity, highlighting the critical need for integrated digital strategies to prevent economic divergence.

MICHAEL GROECHENIG, PETER HAISS, BERNHARD MAHLBERG2026-08-06
📈 economics

Underquoting and the Dual Role of Price Guides: Evidence from Housing Sales

This paper argues that advertised price guides serve distinct roles in auctions versus private-treaty sales, finding that auction guides are significantly more distorted and less informative, with a novel geographically weighted regression benchmark revealing that approximately 44% of auction transactions involve underquoting compared to 14% of private-treaty sales.

Adeleh Farzadfar, Peyman Khezr, Armin Pourkhanali2026-08-06