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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…
Wei-Bin Zhang
The purpose of this study is to build a two-regional growth model with capital accumulation, endogenous time distribution between leisure and labor, and regional public goods with fiscal policies. We emphasize dynamic interactions among capital accumulation,…
Xiangrong Li
Currently, that individual use housing mortgage loans to buy houses has become a hot topic, and residents are very concerned about the debt repayment ways of individual housing mortgage loans. In this paper, using the time value of money principle, we establi…
Tulus T. H. Tambunan
This paper aims to examine the Indonesian experience with two big economic crises in the past 12 years, namely the 1997/98 Asian financial crisis and the 2008/09 global economic crisis. The paper is based on secondary data analysis and a review of key literat…
Teguh Dartanto, Nurkholis .
Farmers in most developing countries usually face vulnerability in consumption due to income shocks caused by crop loss, price falls, disaster, sickness and death and unexpected expenditure. They will respond differently to income shocks depending on their as…
Dimitris Hatzinikolaou
By modifying slightly a standard neoclassical-synthesis macroeconomic model, this paper investigates the effects of an adverse supply or demand shock on output, employment, investment, prices, interest rates, and the exchange rate. The paper focuses on the po…
Assem Abu Hatab, Eirik Romstad, Xuexi Huo
In this paper, a gravity model approach was employed to analyze the main factors influencing Egypt’s agricultural exports to its major trading partners for the period 1994 to 2008. Our findings are that a one percent increase in Egypt’s GDP results in roughly…
Le Duc Niem, Taegi Kim
This paper provides a simple theoretical model to investigate determinants of the vertical IIT based on Bertrand price competition. We find that the volume of trade is higher among countries where R&D investments are larger. In addition, the vertical IIT shar…
Liang Sun, Derong Tan, Yuqi Nie
A double forecasting model based on conditional expectation was proposed through probability distribution of demand of automobile loan. The demand of automobile loan is the sum of all compound variables which indicated that automobile loan was credited to cus…
Yuhong Li, Zhongwen Chen, Changjian San
In open economy, development of foreign trade greatly impacts GDP growth. Adopt modern testing methods like unit root, timeseries cointegration analysis and error correction model for researching the causalities between foreign trade including total export an…
Gonglin Yuan, Xiangrong Li
It is well known that the Consumer Price Index (CPI), as a Laspeyrestype index, attempts to measure the average change in the prices paid by urban consumers for a fixed market of goods and services, and new samples for most item categories are routinely intro…
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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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