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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…
María Jesús Freire-Serén, Judith Panadés
In this survey, we try to summarize what economists know about how increasing tax rate affects both tax evasion and the willingness to pay taxes. We show how this apparently trivial question presents puzzling results. This paper introduces the main contributi…
Chibamba Mwansakilwa, Gelson Tembo, Johnny Mugisha
This study investigates the determinants of growth and competitiveness of Zambia’s flower exports to three main export destinations —the Netherlands, the UK and Germany—using annual time series data from 1990 to 2010. Acknowledging that time series data are o…
Nnenna Ekpereka Ibezim, Chiaka Augusta Obi
The role of information technology in any environment is simp le to support the short and long term goals of the organization. In the academic world it means supporting the institution’s mission, vision, and goals articulated in its strategic plan. The final…
Yasuhiko Nakamura
This paper conducts a welfare analysis in a duopoly with differentiated and substitutable goods composed of one consumer-friendly firm and one absolute profit maximizing firm. We suppose that the consumer-friendly firm maximizes the weighted sum of its absolu…
Giovanni Bella
This paper innovates the literature on endogenous discounting in environmental economics, by studying the global properties of the equilibrium outside the small neighborhood of the steady state. The internalization of individual consumption in the social disc…
Andrea Pannone
In this paper I attempt to give theoretical foundation to the concept of undesired excess capacity that I define as an unwilling , persistent mismatch between productive capacity and final demand. Undesired excess capacity has traditional room only in oligopo…
Sanjay Dasari, Anindya Kumar Biswas
In this article, we would like to find the laws of electrodynamics in simple economic systems. We identify the chief economic variables and parameters, scalar and vector. We find laws of economics interms of these variables and parameters. The laws are simila…
Jin Yong Yang, Sang-Heon Lee
This study analyzes the empirical relationship between the vKOSPI, which is the Korean VIX (implied volatility index), and the housing market (rent 1 -to-house price ratio) based on monthly data from January 2003 to November 2012. The data were divided into t…
Minh Quang Dao
This paper examines the role of policy fundamentals in fostering economic growth in developing countries. Based on data from the World Bank for the 2000-2011 period and a sample of sixty-two developing economies we find that the growth rate of per capita GDP…
Daniel Komlan Fiodendji, Kodjo Evlo
Since the influential paper of [1], the issue relating to the conditions in recipient countries has become central in the foreign aid debate. Scholars and policymakers alike are interested in identifying the conditions which make foreign aid more effective. T…
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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.
Authors submit their manuscript, metadata, and declarations through the portal. There is no submission fee.
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At least two independent reviewers evaluate the manuscript under single-blind review. Where revisions are required, authors respond point by point.
On acceptance the article processing charge is invoiced and the CC BY 4.0 copyright handover is signed.
The article is copyedited, typeset, and given a DOI, then publishes open access with a permanent link.
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.
Use the journal's numbered (Vancouver) reference style. Cite sources consecutively in the order they appear, and ensure every reference is complete and retrievable.
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