📈 economics

Renewable Capacity, Coal Spillovers, and Grid Reliability: Spatial Durbin and LeSage-Pace Panel Evidence from Indian States Under SDG 7

Despite India's near-universal electrification and significant renewable capacity additions, this study of 35 states from 2020 to 2023 reveals that coal generation remains the primary driver of energy deficits while renewable capacity shows no measurable impact on reliability, suggesting that current capacity-based SDG 7 monitoring overstates the operational maturity of the energy transition.

Prakash Gurumurti Vhankade2026-07-21
📈 economics

Monetary Policy, Exchange Rate Shocks, and Asset Prices in a Small Open Frontier Economy: An Integrated Multi-Horizon Distributional Analysis

This study utilizes an integrated multi-horizon distributional analysis of Ghana's equity market from 2014 to 2024 to reveal that domestic monetary policy shocks have a weak and inconsistent impact on stock returns, whereas global oil prices and short-term funding costs play a more significant, state-dependent role in driving market dynamics.

Isaac Nyame, Gabriel Osei Forkuo2026-07-21
📈 economics

Beyond Account Ownership: Digital Payments and Formal Savings as Robust Correlates of Financial Inclusion, 2011–2024

Analyzing six waves of the World Bank Global Findex Database from 2011 to 2024, this study reveals that while global account ownership has significantly increased, digital payment usage and formal savings behavior are the most robust correlates of financial inclusion, suggesting that policy efforts should prioritize these usage dimensions over mere account ownership or credit access.

Isaac Nyame, Baffour Osei, Abigail Boatemaa, Gabriel Osei Forkuo2026-07-21
📈 economics

Reflexive Digital Twin Marketing Theory: Governing Algorithmic Marketing Agents Through Reinforcement Learning

This paper proposes Reflexive Digital Twin Marketing Theory (RDTMT), a framework developed through a scoping review of 742 records and formalized via reinforcement learning equations, which redefines algorithmic marketing as a co-evolving sociotechnical system governed by constructs like Digital Reflexivity and Ethical Feedback Elasticity to better evaluate and audit the ethical responsiveness of marketing agents toward consumers.

Atantra Dasgupta, Prof Kirti Sharma2026-07-21
📈 economics

Helium Shortages Persist Through Geopolitical Tensions and Supply Chain Disruptions: Effects on the Semiconductor Industry

Geopolitical tensions, specifically the closure of the Strait of Hormuz in February 2026, have exacerbated global helium shortages by disrupting the supply of high-purity 6N-grade helium from Qatar to major Northeast Asian semiconductor manufacturers, thereby threatening chip production and driving up costs despite emerging reserve projects.

Sabah Al Rawahi2026-07-21