📈 economics

Green Customs and Sustainable Development in Indonesia: A Systematic Literature Review of Environmental Governance, Green Trade, Digital Transformation, and Green Economic Transformation

This systematic literature review identifies that while Green Customs offers a vital pathway for Indonesia's sustainable development through environmental governance and green trade, its effectiveness is currently hindered by regulatory fragmentation and weak policy implementation, necessitating a shift toward coordinated, data-driven, and digitally enabled customs practices.

Satria Yudha Fibianto2026-09-01
📈 economics

Big Push and the Spectral Radius of Development Complementarities: A Decentralised General-Equilibrium Theory

This paper presents a decentralized general-equilibrium model of the big push where sectoral growth depends on the growth rates of other sectors, demonstrating that the spectral radius of the complementarity matrix governs balanced growth and identifying a specific subset of "Perron-critical" sectors that must be activated to escape a development trap, while highlighting that market failures can still prevent equilibrium even when a viable configuration exists.

Taoufik Rajhi2026-09-01
📈 economics

Uncertainty in discount rates and relative price changes of nature suggest higher than expected social costs of tropical deforestation

By developing a dynamic approach that accounts for uncertainties in future discount rates and the relative price changes of ecosystem services, this study reveals that the social costs of tropical deforestation in the Brazilian Legal Amazon are more than double previous estimates, thereby strengthening the economic argument for forest conservation.

Thomas Knoke, Maritz Drupp, Martin Hänsel, Johannes S. Mohr, Lukas Baumbach, Clemens Blattert, Dominik Holzer, Isabelle (…)2026-09-01
📈 economics

India's Sugarflation Paradox: Production, Inventories, Ethanol, Global Prices and the Economics of the 2026 Sugar Shock

This paper analyzes India's 2026 sugar price surge using structural models to conclude that the volatility stems from a complex interplay of tighter future fundamentals, global price transmission, and inventory expectations rather than speculation alone, prompting a proposal for a new Sugar Pressure Index and dynamic remuneration framework to enhance policy coordination.

RONAK MEHTA, Garv Nijhara2026-09-01
📈 economics

Conditions and pathways for a climate club to reach an ambitious global treaty

Using an empirically calibrated agent-based model, this study demonstrates that a climate club initiated by major economies like the EU, China, or the US can expand into a global treaty if it implements sufficiently stringent border carbon tariffs and strategically allocates tariff revenues to mitigate trade retaliation and incentivize membership.

Pablo Núñez-Yebra, Jeroen van den Bergh, Ivan Savin, Jozsef Zsiros2026-09-01
📈 economics

Administrative Monopoly Regulation, Greenwashing and ESG Performance: Evidence from China Fair Competition Review System

This study demonstrates that China's Fair Competition Review System significantly enhances corporate ESG performance and reduces greenwashing by strengthening market competition, with these positive effects being particularly pronounced among state-owned enterprises and firms in monopolistic industries, ultimately leading to improved financing and market outcomes.

Hui Xie, Feifei Han, Daoping Jiang, Qi Dong2026-09-01
📈 economics

Li as an Endogenous Focal Point: Ritual Propriety and Coordination Equilibrium Selectionin Chinese Civilization

This paper employs a game-theoretic framework to demonstrate that Li (ritual propriety) in Chinese civilization functions as an endogenous focal point by systematically restricting the strategy space to eliminate non-compliant actions, thereby resolving coordination problems and selecting a unique equilibrium without relying on traditional payoff or risk dominance criteria.

MENGLIN NI, Chao Ma2026-09-01