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Theoretical Economics Letters (TEL) is an openly accessible journal published bimonthly. 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 theoretical economics. All manuscripts m…
KiHoon Jimmy Hong
This paper investigates the impact of the international equity market integration to the international nonsynchronous trading effects (INTE). The paper finds that the financial market integration would increase INTE, in general, and the impact monotonically d…
Libo Xu, Kam Yu
We derive two forms of Roy’s identity for a dynamic consumption model. The results are potentially useful in theoretical and empirical studies.
Paolo Delle Site
We consider the classical micro-economic foundation of discrete choice, additive random utility models, with conditional utilities depending on expenditure on the numéraire. We show that signs of own- and cross-price effects are identified on the basis of the…
Hernando Zuleta, Luiza Pogorelova
The standard Hecksher-Ohlin model predicts that trade liberalization leads to a decline in the rate of return of the scarce factor of production. However, the empirical evidence of the falling labor share in some developing countries contrasts with the theory…
Michael Fast, Frederik Hertel, Woodrow W. Clark II
In understanding economics and the organisation of economics, the questions are what constitute economics and the thinking behind economics today? In short what is the field of economics? And in what ways can we connect to and understand this field of study?…
Ngakoli Esther Victorie
Using a posterior approach from 2005 to 2011, this article seeks to answer the question: does economic growth benefit the poor or not in the Republic of Congo? The study found that across the country, the index of pro-poor growth has been positive and superio…
Yoshio Kamijo
We consider a situation where agents have to choose one project among the set of multiple alternatives and at the same time they have to agree with the way of sharing the cost of the project that is actually developed. We propose a multi-bidding cost sharing…
Qiyan Ong, Euston Quah
Increasing research shows that income growth has a less than substantial impact on people’s well-being. In contrast, environmental factors are found to have non-negligible impact on people’s well-being. The research raises the question of whether more can be…
Jiangjuan Shan, Tianqing Miao
The coordination of industry structure and employment structure is a sign and the guarantee of healthy development of the national economy. This paper analyzes the industry structure and employment structure coordination degree’s evolution and spatial pattern…
Kieron J. Meagher, Ernie G. S. Teo, Taojun Xie
Advances in the theoretical literature have extended the Hotelling model of spatial competition from a uniform distribution of consumers to the family of log-concave distributions. While a closed form has been found for the equilibrium locations for symmetric…
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Theoretical Economics Letters (TEL) is an openly accessible journal published bimonthly. 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 theoretical economics. All manuscripts m… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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