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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod…
Rebecca Abraham, Charles W. Harrington
This study examines the consumption decisions of baby boomers (40 - 64 year-old age cohort) with $75,000 - $140,000 in household income in the immediate aftermath of the financial crisis of 2007-2008 using the Consumer Expenditure Survey data of Bureau of Lab…
Micah Samuel Gaalya
The study uses fixed and random effects models to establish the determinants of tax revenue performance. The data cover the period 1994 to 2012, with the results suggesting that exchange rates, trade openness and share of industry to GDP positively influence…
Xixi Hu
This paper analyzes the balance of interests in scenic spots development by using the Game theory model. Based on the balancing process of decision-making behavior and interests of both parties, this paper builds a game model of balance of interests in touris…
Ezra Davar
The main achievement of modern General Equilibrium Theory (GET) is the proof of equilibrium’s existence. “The proof of general equilibrium is the crowning achievement of mathematical economics” [1] [2] . One of the authors of “Finding Equilibrium”, Weintraub…
Waleed Mahmoud Soliman, 1 1, Xiurong He
Jatropha curcas L. is one of the recently planted trees that utilizes wastewater in Egypt. It is not just because of its features, such as drought tolerance, rapid growth, and easy propagation, higher oil content than other oil crops, but also because of the…
Miguel Angel Perez Benedito
The measure of management risk has been a constant in Economy in the recent past. This issue is present on any kind of economic or financial activity. The solution adopted for international authorities, increasing liquidity of financial market and generating…
John F. McDonald, Houston H. Stokes
The paper employs monthly data to test alternative hypotheses for the causes of the large increase and subsequent decline in U.S. housing prices during the 2000-2010 decade. The empirical evidence using VAR modeling is consistent with the hypothesis that Fede…
Carmen Berné, María Gómez-Campillo, Víctor Orive
Information and Communication Technologies (ICTs) and the development of the online channel have transformed the competitive environment of the tourism industry within a brief span of time. However, our knowledge about the details of the evolving trend of the…
Orley M. Amos Jr., Tim C. Ireland
This paper investigates recent trends of per capita personal income in the state of Oklahoma to ascertain what if any long-run trends are exhibited. Standard theoretical analysis suggests that per capita incomes are expected to converge, especially across reg…
Roberto J. Santillán-Salgado
During the last years of the decade of the 1980s, the Mexican government reduced its participation as an owner of productive facilities. After privatizing the national railway system, airlines, mining companies, etc., in 1990 it was time to fully privatize th…
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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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