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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…
Joses Muthuri Kirigia, Germano Mwiga Mwabu
The East African Community (EAC) member states (Burundi, Kenya, Rwanda, Tanzania and Uganda) incur annually a huge loss of disability-adjusted life years (DALY) from communicable and non-communicable diseases and injuries annually. This study estimated the mo…
Jianxin Wu, Jingjing Qian
This paper analyzes the panel data of 60 countries during the period 1990-2014. It employs non-radial and non-angled slack-based measure (SBM) method to count the economic growth efficiency and inefficiency sources under government debt constraints. The resul…
Alexandros M. Goulielmos, 1 1
“Returns to scale”, as a methodology, goes back to Adam Smith (1776). Economists after Marshall (1842-1924), with certain exceptions , confined their interests exclusively to “Constant returns to scale ”. As a return they secured for their analysis a single e…
Xiaolin Yang
We control the investor and investment-specific factors to test how macro factors affect the exit of venture capital. After using a sample of 28668 VC investments in China, we discover that macro factors such as legal rights and GDP growth have a positive imp…
Han Li
The current income gap situation between urban and rural areas is still one of the important problems on the road of China’s economic development ; based on the panel data of 272 prefecture-level cities in China from 2003 to 2012 and the theory of labor mobil…
Jean-Charles Marin, Bryan Trudel, Kazimierz Zaras
The objective of this article is to expose the results of a research using Dominance-based Rough Set Approach (DRSA) to help African countries and international organizations (both non-governmental organizations and governmental organizations), to identify ec…
Mieczysław Dobija
Euro zone is created along with theory of optimal currency area. This theory is not the only solution that indicates how to integrate countries in the common currency area. The euro area requires that labor productivity is at a similar level. Central European…
Jean Roméo Félix Kouika Bouanza, Ted Cléophane Ngassa, Mathias Marie Adrien Ndinga
This article aims to analyze the effects of the regulatory quality on fiscal pro-cyclicality in CAEMC member countries based on the annual panel data for the years 1996 to 2016. To achieve that, we used, on the one hand, the fiscal policy reaction function (T…
Kangkang Li
In recent years, bilateral relations between China and India are the focus of international attention. Despite the constant friction between China and India, the fact that China is the largest trade partner in India is not changed, and the bilateral trade vol…
Alexandros M. Goulielmos
We showed analytically the legal framework, which Greek flag administration established since 01/01/1953 with the long celebrated law of 2687/1953 for ships greater than 1500 GRT. All Greeks believe that this institutional framework contributed a lot to the e…
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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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