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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…
Erkki K. Laitinen
This study examines the determinants of financial risk using both a binary bankruptcy indicator and an ordinal credit rating measure. The empirical analysis is based on a large sample of Finnish firms and employs linear regression combined with commonality an…
Erkki K. Laitinen
This study investigates the determinants of long-term (up to ten years) venture success in the Dragons’ Den context using regression analysis on a sample of 46 Finnish firms. The results indicate that success is multidimensional and nonlinear. Business idea r…
Kando Serge Gbagbeu
The aim of this study is to investigate the validity of the sectoral shift hypothesis in African countries for the period 1991-2023. It analyses the long-run relationship between unemployment and sectoral shift of labour for the countries using the panel dyna…
Longlong Duan, Yu Gan
Industrial chain resilience is a key factor in ensuring stable industrial supply and promoting high-quality industrial development in complex environments. With the convergence of global shifts and domestic transformation issues since 2018, the research and p…
Yasunori Fujita
This paper examines irreversible market entry under uncertainty in a Cournot oligopoly framework. While standard static Cournot models imply that increased competition monotonically reduces deadweight loss, this paper shows that intensified competition can am…
Chiu-Hui Li, Jen-Yao Lee
This paper studies profit-raising entry with heterogeneous incumbent firms. In a homogeneous-product Stackelberg model with two incumbent leaders and a follower entrant, entry always increases total output. However, profit effects depend on incumbent cost asy…
Marco Gambaro, Tong Wang, Yingchao Zhang
This paper investigates the relationship between advertising and consumption with panel data at the industry level for some European countries. At the macroeconomic level, consumption can increase only if saving decreases. However, the competition effect of a…
Fred Fortuné Itaddy
After more than decades of existence, the gambling market (JHA) in the Republic of the Congo, initially operating as a monopoly and then opening up in the 2000s, underwent substantial reform in 2024 with the adoption of Law 37-2024 of 11 October 2024 regulati…
Anand Subhash Waghmare
In 2022, the Inflation Reduction Act (IRA) marked a pivotal shift in U.S. healthcare reform, particularly targeting the escalating costs of prescription drugs. The IRA aims to reduce prescription drug costs, expand benefits, and improve federal healthcare’s s…
Martin Christy Abiaya’a, Tatiana Gaelle Timba, Jean Hugues Nlom, Marcellin Ndong Ntah
The objective of this research is to analyze the effect of fiscal decentralization on the provision of health services at the level of Decentralized Territorial Collectivities (CTDs) in Cameroon. To this end, econometric modeling using generalized least squar…
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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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