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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…
Elsadig Musa Ahmed
This paper has included the exports and imports per unit of labour (trade intensity) in the intensive growth model beside the traditional factors of production such as capital deepening to find out the contribution of total factor productivity per unit of lab…
Alessandro Marra, Vittorio Carlei, Alessandro Crociata
Economic diversity is crucial to explain how geographic areas grow and evolve: economic diversity facilitates the transmission of ideas (through knowledge spillovers) and the outsourcing of activities (city-nurseries). In this paper we focus on these theoreti…
Yongchen Zou, Runqi Hu
In this paper we argue that a couple of taken-for-granted methods employed in studying behavioral facts of human risk preference are mistakable. We call for within-subjects experiment design and propose a simple statistical method that might be used to test t…
Alessio D’Ignazio, Emanuele Giovannetti
We study the effects of proximity in the interconnections between Internet providers participating at the three main Italian Internet Exchange Points. We find that geographical proximity plays a role in driving Internet Providers’ interconnection, positively…
Roberto Kozulj - Fundación Bariloche
For the last two decades the study of technical innovation systems has been a regular practice. It has thus become a specific field in which different approaches are constantly emerging. Its importance derives not only from the needs of the productive sector…
Tito Belchior Silva Moreira, Geraldo da Silva e Souza, Fernando Antônio Ribeiro Soares
This paper aims to investigate the impact of government debt on economic growth for a balanced panel of G7 countries over the period 1990-2008. We found empirical evidence that Ricardian Equivalence does not holds in general. The analysis indicates that only…
Marie-Christine Thaize Challier
This paper presents a simple framework for understanding the prevalence of basic piecewise linear wages in the real world. It extends the analysis of individual piecewise linear wages to environments in which the participation constraint is reinforced by intr…
Maria Grazia Pittau, Roberto Zelli, Riccardo Massari
This paper examines how spatial price differentials affect income distribution in Italy. Established results concerning disparities between the Northern and Southern regions of Italy hold up when adjusting incomes for the regional purchasing power. Poverty is…
Shihong Zeng
At the end of 2010 China’s foreign exchange reserve reached $2847.34 billion, the author designs the maximum government utility function when consider the China government buys a part foreign exchange if company earns, it means that the China government will…
Jan Tin
Past aggregate time-series studies, conducted under the assumption of a representative economic agent, frequently show that the demand for narrowly defined M1, especially non-interest-yielding demand deposit, is unstable during periods of financial innovation…
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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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