📈 economics

Disaggregating ESG Effects on Financial Performance for Financial Institutions on the London, New York and Shanghai Stock Exchanges

Based on a 19-year panel study of 114 financial firms across the LSE, NYSE, and SSE, this paper demonstrates that disaggregated ESG practices, particularly environmental and social dimensions, are significantly and positively associated with financial performance metrics like ROE, suggesting that ESG integration offers strategic competitive advantages beyond mere compliance.

Raminta Vaitiekuniene, Alfreda Sapkauskiene, Javier Giner, Sandra Morini Marrero, Rytis Krusinskas2026-09-10
📈 economics

Configurational Pathways of High Quality Development in China's Rural Tourism Economy Under the New Development Philosophy

Guided by the new development philosophy, this study employs fuzzy-set Qualitative Comparative Analysis (fsQCA) to identify five distinct configurational pathways through which the synergistic interaction of innovation, coordination, green practices, openness, and sharing drives high-quality development in China's rural tourism economy, while highlighting that isolated factors or imbalanced approaches lead to suboptimal outcomes.

Wumaieraili Aimaitikali, Yi Jie Wang2026-09-09
📈 economics

Structural Conditions for Collusion Generation: The “Coordinateable Space” Hypothesis and EU Manufacturing Evidence

This paper proposes the "Coordinateable Space" hypothesis, arguing that collusion depends on the number of effective competitors rather than just market concentration, and validates this through EU manufacturing data showing that a specific range of large firms (approximately 400 to 1,300) is a necessary structural condition for cartel generation.

Shidong Li2026-09-09
📈 economics

Capitalization of urban visual morphology: a world-model perspective from the housing market of the Taiwan region

This study analyzes 544,000 housing transactions in the Taiwan region to demonstrate that urban visual morphology significantly capitalizes into property prices with distinct, income-dependent patterns that exacerbate spatial inequality, while revealing that current visual conditions drive valuations more than anticipated future changes.

Juliana Pin-Jen Tseng, Kuo-Kun Tseng, Regina Fang-Ying Lin2026-09-09
📈 economics

Explaining the Gap between Farmers' Risk Perception, Intention, and Adoption Behavior of Risk Management Strategies

This study of Iranian farmers reveals that despite high risk perception and strong intentions to adopt risk management strategies, actual adoption remains critically low due to significant financial and institutional barriers, indicating that psychological interventions alone are insufficient without concurrent structural support in credit access, infrastructure, and government services.

Hassan Taheri, Abas Abdeshahi, Abbas Mirzaei, Mostafa Mardani Najafabadi2026-09-09
📈 economics

Internet Use and Consumption Structure Upgrading in Rural China: Adoption Dynamics and Distributional Effects from a Five-Wave Household Panel

Using five waves of household panel data from 2014 to 2022, this study demonstrates that internet adoption in rural China significantly upgrades consumption structures by increasing development and enjoyment spending, with effects that are most pronounced among women, less-educated users, and residents of western regions, driven primarily by reduced search costs, income growth, and online shopping participation.

Haotian Wu, Ziwei Gu, Ziqiang Zhang2026-09-09