📈 economics

Lifecycle Financing and Key-Rate-Duration Risk for Small Modular Reactor Infrastructure

This study employs a hybrid framework combining empirical key-rate-duration analysis of amortizing debt and calibrated lifecycle cost-overrun distributions to demonstrate that Small Modular Reactor projects, even at their disclosed target prices, face severe funding gaps and high default risks due to the dual pressures of construction cost escalation and interest-rate curve volatility.

Ahmed Kandil2026-09-19
📈 economics

Common Traits, Different Roles: Structural Position and Nonlinear Dynamics in Three-Party Bargaining

This paper demonstrates that in three-party bargaining, a party's institutional role fundamentally shapes negotiation outcomes and the accessibility of stable settlements by altering how fixed actor traits—such as leverage, moderation, and vulnerability—interact through nonlinear dynamics, often creating multiple long-run paths from the same initial conditions.

George Lymperis, Lambros B. Drossos2026-09-19
📈 economics

From Horizontal to Vertical Differentiation: Global Markov Equilibria and Regime Transitions

This paper develops a dynamic model of quality competition to characterize global Markov-perfect equilibria, demonstrating how endogenous quality investments drive regime transitions between horizontal, vertical, and intermediate competition forms, with the intermediate regime potentially emerging as a stable long-run outcome under specific transportation cost conditions.

Didier Laussel2026-09-18
📈 economics

Assessing the Role of Murabaha Financing in the Development of Small and Medium Enterprises in Mogadishu,Somalia.

This quantitative study of 352 SMEs in Mogadishu demonstrates that Murabaha financing significantly drives enterprise development, with customer satisfaction and financing amounts emerging as the strongest predictors, thereby highlighting the critical need for Islamic banks to prioritize customer-centric services and flexible terms while urging policymakers to strengthen regulatory frameworks for financial inclusion in Somalia's post-conflict economy.

Mohamed Ismail Mohamed, Abas Omar Hassan2026-09-18
📈 economics

The impact of climate policy uncertainty on commodity futures markets: a geopolitical perspective on climate change

This study employs a NARDL model to demonstrate that U.S. and China's climate policy uncertainties differentially impact Chinese commodity futures through trade and financialization channels, revealing that such uncertainty has evolved into an implicit geopolitical tool where China's policy shifts boost domestic markets while U.S. uncertainty creates short-term downturns, with non-ferrous metals emerging as superior safe assets compared to precious metals.

Zhike Lv, Huimin Deng, Keyuan Chen, Li Yu, Congcong Liang2026-09-18
📈 economics

The Impact of New Quality Productivity on High-quality Development of New Urbanization: An Empirical Analysis Based on Panel Data of Five Provinces and Regions in Northwest China

Based on panel data from 31 prefecture-level cities in Northwest China (2010–2024), this study empirically demonstrates that new quality productivity significantly promotes high-quality new urbanization through entrepreneurial mediation and business environment moderation, while exhibiting a nonlinear impact across the region.

Chongling Wang, Fuling Zheng, Liying Wang, Hongping Hao2026-09-18
📈 economics

Corporate social responsibility boosts employee performance through informal peer coaching and servant leadership in the hospitality industry

Grounded in Social Exchange and Implicit Person Theories, this study of Vietnamese hotel employees reveals that while Corporate Social Responsibility directly boosts performance and peer coaching, servant leadership creates a paradoxical effect by strengthening the link between CSR and in-role performance while simultaneously weakening the CSR-peer coaching connection due to bystander effects and role overload.

Minh Tran Hoang, Thuy Duong Le Cam, Dung Luu Tien2026-09-18
📈 economics

Household Solar Photovoltaic Adoption in Rural China: Feasibility, Affordability, and Institutional Dimensions of Energy Transitions

This study analyzes survey data from 568 rural Chinese households using an integrated theoretical framework to reveal that perceived behavioral control and affordability are the primary drivers of solar photovoltaic adoption, highlighting the critical need for institutional support and financial clarity to bridge the gap between policy ambitions and actual household energy access.

Minjue Wu, David Dauda Lansana, Decai Tang, Dinah Boyetey, Williams Siaw2026-09-18
📈 economics

Market orientation and perceived risk among smallholder farmers in Kamrup district of Assam in North Eastern India

This study of 300 smallholder farmers in Kamrup district, Assam, reveals that while market orientation varies significantly by location and farmer category, it remains decoupled from household income due to structural barriers like inadequate storage and intermediary dependence, resulting in necessity-driven, risk-averse marketing behaviors.

Krishnakhi Choudhury2026-09-18