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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…
Yanjing Chen
In this paper, we use panel data from 2002 to 2008 on China’s 31 provinces to analyze the effect of processing trade on regional employment. The results give evidence that processing trade has a significant and positive skill-bias effect on regional employmen…
Subarna K. Samanta, Ali H. M. Zadeh
This paper examines the comovements of several macro-variables in the world economy over a period of more than twenty years. Long-term co movements are examined by tracking the cointegration, common trend factor and the spiller index over these variables (gol…
Rosetta Lombardo, Giovanni D’Orio
Companies have caught the changes in consumer perceptions and have developed corporate social responsibility (CSR) as long run survival strategy. The CSR signals that companies are overcoming the logic of the short term. The question is whether an evolution t…
Jordi Moreno, José Luis Gallizo, Manuel Salvador
The aim of this study is to analyze how banking ownership affects banking efficiency in countries which have recently experienced the European integration process more intensely. Using a Bayesian Stochastic Frontier Approach (SFA) applied to panel data, we ha…
Yunfei Li, Zongfang Zhou
In view of the allocation of cash flow rights and control rights in venture capital firms, a financing contract model is set up by introducing the entrepreneur’s self-owned capital in this paper. This paper analyzes the affecting factors and mechanism to the…
Sachiyo Asahi, Akira Yakita
We find an inverted U-shape relationship between local income and SO X emissions, i.e., the so-called environmental Kuznets curve, in the Yokkaichi area. It is then shown (1) that the income level at the peak of the curve is fairly low relative to those repor…
Irawan Febianto
The low level of participation of the Islamic banks in profit and loss sharing (mudharabah and musharakah) financing models has become one of the problems in the development of the industry. These arrangements are unique to Islamic banking and account for its…
Xiaowen Zhu, Zhihong Zhang, Mingliang Zhang
Labor relation is an important relationship of the modern market economy, and harmonious labor relation is not only conducive to promote social harmony, but also the reflection of the core competitiveness of enterprises, which is also important to the value a…
Aysu Insel, Fazıl Kayikci
Sustainability of the current account deficits in Turkey was evaluated according to the macroeconomic fundamentals together with discussing the composition of current account deficit and the way of financing to have insights about the future path of current a…
Rudy Rahmaddi, Masaru Ichihashi
This paper explores the impacts of foreign and domestic demand on Indonesia’s exports within demand and supply frameworks using aggregate data of 1971 - 2007. In contrast to many previous studies employing a single equation model, the paper investigates such…
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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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