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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…
Mei He, Xun Ge
Recently, National Bureau of Statistics of China has released macro-economic climate index of China from 2009-02 to 2010-05.Based on these indices, we establish an information system.In this information system, monitoring signal is taken as a decision attribu…
Brajesh Kumar, Ajay Pandey
This paper investigates the cross market linkages of Indian commodity futures for nine commodities with futures markets outside India. These commodities range from highly tradable commodities to less tradable agricultural commodities. We analyze the cross mar…
Chu-Ping Lo
Zeira (2007) presents a two-country model of endogenous technology and trade, illustrating that trade liberalization reduces wage inequality in developing countries. The result contrasts the current outsourcing trade literature; the conflict is due to the cri…
Marilena Locatelli, Steinar Strøm
To evaluate a tax reform in terms of change in household welfare one possibility is to estimate the compen-sating variation using a suitable model to assess the change in the household utility. When a random utility model is used, the computation of compensat…
Nobuyoshi Yamori
This paper, using Japanese market data, finds that although the correlation between equity markets and commodity market used to be negative or almost zero before around 2006, it has increased significantly after the global financial crisis in Autumn of 2008.…
Ville Isoherranen, Pekka Kess
The focus on this research is to evaluate the characteristics of technology orientation (technology push), market orientation (market pull), customer focus and product focus in the case business strategy. In addition to plotting the dynamics of these four str…
Xinjian Liu
This paper has established a new kind of AS-AD models with input-output techniques. The models take the standard input-output tables as its starting points. We analyze the change effects of government consumption, direct consumption coefficient, labor product…
P.E. Petrakis
This paper examines the relationship between cultural background and economic development. We focus on the example of Greece in order to analyze the cultural disparities between the Mediterranean and the North-ern European countries. We find that there is a c…
Philip E. Graves
An informal model is described that leads to multiple macroeconomic equilibria as a consequence of random variation in the relative amounts of technological change for new and existing goods. The novel observation is that the rate of introduction and market p…
Jalil Khodaparast Shirazi, Mehrzad Ebrahimi, Mazda Moatari
Homogeneous development and decreasing of inequalities is a logical link between local and national program in macro level. Recognizing inequalities in the process of sustainable development play the major role for programmers. In this study, regarding the co…
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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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