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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…
Hongbing Li, Ronghua Ju
This paper analyzes main legal requirements for thermal power plants in China, which is intended to save energy and reduce discharge by restricting coal consumption for power generation. However, based on our four cases of the selec- tion of thermal power pla…
Adam Honig
This paper presents a simple modification to the standard IS curve used, at least implicitly, by policymakers that allows capital flight to have a contractionary effect in emerging market economies. In the standard model, capital flight leads to an expansiona…
Chikashi Tsuji
This paper aims to clarify the characteristics of stock return dynamics when investor sentiment is deteriorated in equity markets. Further, prior to our empirical analysis, we newly develop the measures of return conjunction and the exponentially weighted cor…
Xiaobo Wen, Hui Wang, Zongfang Zhou, Hua Zhang
In this paper, we compare the portfolio allocation model of multifractal detrended Fluctuation approach with the modern efficient frontier model and the asset allocation model from Chinese institution fund, the risk-return performance of the multifractal detr…
George Geronikolaou, George Papachristou
In this paper we search for evidence signifying whether VC activity is demand or supply stimulated. Namely, we examine whether innovation and entrepreneurship are fostered by Venture Capital (VC) investments or whether innovative entrepreneurship is a precond…
Elsadig Musa Ahmed
This study attempts to fill the gap in existing research on the drivers of total factor productivity growth (TFPG) in Malaysian food industries by employing a parametric statistical method and applying it to the country’s food-manufactur- ing sector. Based on…
Jinghua Han, Zhihui Zhang
Based on the statistics of 1993-2010, this paper analyzes the changing trend and causes of terms of trade in China and studies the overall movement in China’s national wealth by introducing the GDI index under SNA accounting framework. This paper analyzes the…
Ling Hu
Different types of knowledge such as R&D, marketing, and manufacturing knowledge have been focused in the past researches, while few scholars paid attention to strategic management knowledge. This paper focuses on the attainment of strategic objective of MNCs…
Hans W. Gottinger
The article has been retracted due to the investigation of complaints received against it. The Editorial Board found that substantial portions of the text came from other published papers. The scientific community takes a very strong view on this matter, and…
Meirong Guo
The number of electronic commerce (e-commerce) transactions has grown extraordinarily with widespread Internet usage. The right to privacy is particularly important in e-commerce. Recently, the privacy protection for consumer transactions has become more and…
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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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