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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…
Irene Tzouramani, Angelos Liontakis, Alexandra Sintori, George Alexopoulos
Organic farming has experienced a vast increase within the EU. Especially in Greece, the rapid growth of the organic sector, since the early ‘90s, was accompanied by the introduction of various organic crops. Among them, organic fruit crops have been graduall…
Mieczysław Dobija
An integrative currency area that is able to unify countries with different levels of labor productivity leads to a global currency area with only one currency. In such a scenario, the reserve money system would obviously disappear. This concept, linked with…
Hirak Ray, Joy Sarkar
The present paper attempts to investigate the dynamic relation between the stock market and the select macroeconomic variables at log-levels, in India, for the period 1991:01 to 2008:04. Findings of the study show that the long-run stock market behavior is po…
Li Choy Chong, Luisella Balestra
Time is a difficult topic for the scientist. This paper investigates how this particular subject is considered in economics today and what the implications are. We demonstrate that today orthodoxy has avoided to treat the temporal element, creating a dangerou…
Tavera Cortes María Elena, Escamilla García Pablo Emilio, Alvarado Raya Horacio, Salinas Callejas Edmar, Galicia Villanueva Silvia
The compost production has been poorly explored in the agricultural areas of Mexico City. Farmers tend to use fresh manure as fertilizer on soil cultivation. The borough of Milpa Alta, as the main nopal producer in Mexico, requires a high amount of fertilizer…
Tameur Nachef, Muhamad Bin Jantan, Abdelmalek Boularas
This paper aims to present an overview of the framework and methodology that might help Qatari decision makers understand and identify factors affecting the transition towards a knowledge-based economy in a non-static fast-changing real-world setting, with a…
Raufhon Salahodjaev, Sergey Chepel
The purpose of this paper is to empirically analyze the effects of the quality of institutions on inflation. Using panel data from 1991 to 2007, we find that increase in institutional development which is measured by the ratio of domestic credit to private se…
Luca Salvati, Agostino Ferrara, Margherita Carlucci
The present study analyzes the spatial distribution of 881 forest fires recorded during four recent years (2009-2012) in 59 municipalities of a Mediterranean region (Attica, Greece) characterized by high fire risk and relevant human pressure due to uneven urb…
Jinpeng Ma
The modern Phillips curve is about the relationship between the average rates of inflation and unemployment. We will provide additional empirical evidence in the US economy from 1948:01 to 2013:03 that helps demonstrate why such a relationship has been built…
Yessengali Oskenbayev, Gani Turabayev
Vertical price transmission between wheat and flour markets in Kazakhstan has been analyzed using monthly data during the period 2000-2010. We found evidence of global market price spikes and government policies as a response leading to the divergence of pric…
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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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Manuscripts must be original and not under consideration elsewhere. Submit in Microsoft Word or LaTeX with figures at 300 dpi minimum. Structure research articles as Abstract, Introduction, Methods, Results, Discussion, and References.
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