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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…
Michael E. Barnes, Timothy Palmer
McNenny State Fish Hatchery, rural Spearfish, South Dakota, USA produces trout and salmon for stocking into public recreational fishing waters in South Dakota. Hatchery operations at McNenny are funded solely by the sale of hunting and fishing licenses and an…
Ting Guo
Based on Chinese traditional Confucianism and under the policy background of “salary limit order”, this paper uses tournament theory and social comparison theory to research and analyze the relationship between regional social fairness and the executive-emplo…
Juan Carlos Márquez Ortiz, Selene Jiménez Bautista
The objective of the current document is to analyze the macroeconomic determinants of real wages in Mexico, an economy with a high degree of integration with the US, under the Hypotheses of Rational Expectations, through the Generalized Method of Moments (GMM…
Hayat Khan, Itbar Khan, M. Shabir Jan, Arif Hussain Jandan, Sher Khan
Is there a relationship between governance and Foreign Direct Investment (FDI) adept in a presumed country? What is the importance of institutional set-up or governance in stimulating growth in a developing country? To answer this query, this study explores t…
Xin Li, Peiai Zhang
This paper studies a high order moments portfolio optimization model with transaction costs. The model takes kurtosis as objective function and takes the skewness, variance, mean and transaction costs as constraints conditions. Since the optimization problem…
Gautam Vora
Age of firms is used with an alarming regularity in various studies in the fields of organizational behavioral, accounting and corporate finance/law/governance, industrial economics and the like. The variable “firm age” is typically called a control variable.…
Lu Lu, Yuhua Sheng
On October 10, 2016, Fushun Special Steel issued a notice announcing that its controlling shareholder, Northeast Special Steel, entered the bankruptcy reorganization process due to nine consecutive defaults and nearly 5.8 billion RMB in liabilities. Bankruptc…
Hilaire Nkengfack, Hervé Kaffo Fotio, Serge Temkeng Djoudji
The objective of this paper is to decompose the effects of economic growth on carbon emissions into scale, composition and technique effects in a panel of 23 Sub-Saharan African countries between 1996 and 2014. We combine static and dynamic panel estimation t…
Chenyuan Zhao, Qiumin Yu
With the development and expansion of financial holding companies in recent years, due to the lack of clear guidance of legislation, financial holding companies currently have various irregular behaviors, and they also have financial risks while seeking the m…
Sebastian Goers, Friedrich Schneider
In the present study, we explore an environmental tax reform for Austria as an instrument to achieve the main objectives of the current Austrian Climate and Energy Strategy # mission 2030. Our concept aims at a dual objective of reducing CO 2 -eq emissions, w…
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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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