Articles
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An Asymmetrical Relationship Between Oil Price Fluctuations And Geopolitical Tensions Between China And The United States
Abstract: Oil remains a strategic asset at the heart of contemporary geopolitical rivalries. China’s rise to become the world’s largest importer and the United States’ transformation into a major producer and exporter have profoundly altered the energy balance of power, reinforcing the interdependence between oil markets and bilateral geopolitical tensions. This article examines the existence and nature of an asymmetric relationship between oil price... [...] Read more
Technological Innovation, Governance Institutions, Infrastructure Development, and Economic Complexity in Africa: Evidence from Dynamic Panel Data
Abstract: Africa continues to face persistent development challenges, including poverty, income inequality, limited access to healthcare services, and disparities in education. These challenges contradict the objectives of the Sustainable Development Goals (SDGs), which emphasize the importance of innovation, infrastructure development, and strong institutions. Technological innovation has increasingly been recognized as a key channel for promoting... [...] Read more
When Green Accounting Fails to Drive Green Energy: Institutional Quality and China’s Renewable Energy Transition
Abstract: This study examines how institutional quality, government R&D expenditure, and SEEA-aligned environmental asset indicators are associated with renewable energy adoption in China from 1999 to 2023. It addresses the puzzle that environmental accounting signals and innovation investment do not automatically translate into renewable energy use. Annual data from the World Development Indicators and Worldwide Governance Indicators were analyzed... [...] Read more
Financial Development, Globalization, and Economic Growth in The Next-11 Countries: Evidence from a Panel ARDL Model
Abstract: Given the growing importance of financial development and globalization in shaping economic growth over recent decades, particularly in the context of the Next-11 countries, policymakers need to carefully assess both the individual and joint effects of these factors to design policies that maximize their growth-enhancing potential. Accordingly, this study investigates the short-run and long-run effects of financial development and... [...] Read more