📈 economics

Interest-Rate Regimes, Credit Distortion, and Capital Misallocation: Evidence from the Offshore Drilling Rig Market, 2005–2025

This paper provides conditional corroboration for the Austrian business-cycle hypothesis that artificially low interest rates distort capital allocation in the offshore drilling rig market, evidenced by significantly higher capital expenditure during the 2010–2014 zero-rate period compared to the 2022–2025 tightening era, while explicitly acknowledging limitations in establishing definitive causal proof.

lixued kang2026-09-09
📈 economics

Examining the Impact of Commercial Banks’ Credit, Government Expenditure, Insecurity, Inflation, and Interest Rate on Food Security in Nigeria: Evidence from Food Production Dynamics

Using annual data from 1981 to 2024 and an ARDL approach, this study finds that while agricultural credit, government spending, and insecurity significantly influence Nigeria's food production, achieving sustainable food security requires coordinated policies that expand affordable financing, improve public expenditure efficiency, and address rural insecurity.

Sani Adamu, Aisha Adamu Hassan2026-09-09
📈 economics

The Economic Value of Water-Saving Irrigation Technologies: Evidence from the Texas High Plains

This study analyzes 2003–2024 panel data from the Texas High Plains to demonstrate that while temperature significantly drives irrigation intensity and highlights the economic potential of water-saving technologies, the lack of direct adoption data limits the findings to characterizing the economic and climatic context of water-use efficiency rather than providing causal estimates of technology impacts.

Patrick Nyenkan2026-09-09
📈 economics

Methanol shipping compliance under FuelEU Maritime and EU ETS

This paper develops a multi-regulatory accounting framework to evaluate methanol's compliance under FuelEU Maritime, EU ETS, and IMO CII using 2024 MRV data, revealing that while fossil grey methanol is an economically and environmentally inferior pathway, low-GHG e-methanol can significantly improve compliance outcomes depending on specific strategy and regulatory thresholds.

Georgios Makridis, Maria Margarita Separdani2026-09-08
📈 economics

Toward an ethical food business model: Lean waste management practices of home-based food microenterprises in Calbayog City, Samar, Philippines

This study proposes an ethical business model for home-based food microenterprises in Calbayog City, Philippines, by identifying overproduction as the primary waste and recommending cost-effective interventions like sales tracking and workspace reorganization to enhance sustainability without requiring formal certification or external capital.

Herbert Fabillar, Allan Dela Rosa2026-09-08
📈 economics

Foreign Direct Investment and Carbon Emissions in Belt and Road Initiative Countries Moderated by Governance Quality and Energy Efficiency

This study of 119 Belt and Road Initiative countries from 2000 to 2024 reveals that while foreign direct investment's direct link to carbon emissions is confounded by income and population, the environmental impact of FDI is significantly mitigated when strong governance quality and high energy efficiency operate jointly, suggesting that institutional strengthening must accompany, rather than replace, energy efficiency improvements to foster sustainable development.

Riaz Uddin, Juind Ahmad, Kausar Bibi, Barakat ElFarra, Muhammad Abbas, Aamir Daud2026-09-08
📈 economics

NPL Resolution and Credit Channel Recovery in Azerbaijan: An ARDL Benchmarking Analysis Against the KAMCO Model

This paper employs an ARDL framework to quantify the long-run negative elasticity between non-performing loans and credit volume in Azerbaijan following the 2015 currency devaluation, revealing a slower recovery trajectory than the South Korean KAMCO model and proposing a three-pillar policy strategy involving a contingent asset management company, legal reforms for faster collateral enforcement, and a structured link between NPL disposal and SME lending.

Sahil Murtuzayev, Umidvar Aliyev, Asiman İlyasov, Aynur Orujlu, Surac Bayram, Ulvi Rustemli2026-09-08
📈 economics

Unravelling Gender Dimensions of Financial Inclusion in India: An Evidence from Decomposition Analysis

Using 2020–21 NSS data and Fairlie decomposition, this study reveals a 5.66% gender gap in India's financial inclusion driven by socioeconomic factors like education and mobile access, while highlighting that unexplained disparities in regions like the north-east point to the critical role of cultural norms and discrimination, necessitating targeted policy interventions for vulnerable groups.

Sumit Kumar, Kalandi Charan Pradhan2026-09-08