With the growing attention being paid to environmental issues by the public, environmental information disclosure (EID) has become a vital means for firms to convey their social responsibility and an important information source for lending institutions to assess firm credit risk. Based on the...

This paper evaluates Colombia's debt sustainability for the period 1980-2021, using a nonlinear fiscal reaction function approach. We employ a Markov-Switching model with annual data to identify sustainable and unsustainable fiscal regimes. According to this model, we identified an unsustainable...

This study examines the impact of trade and environmental agreements on trade in the Andean Community (CAN) and the Southern Common Market (MERCOSUR) during the period 2001-2019. Using a panel data methodology, the study analyses the effects of ratifying a number of agreements (the Paris...

Transmission channels from monetary shocks might be identified by studying the features of the production network. The main aim of this paper is to provide insights about the role of production network into the propagation of monetary policy shocks in G7 economies. Time-varying Bayesian...

This study measures and analyzes the spatial characteristics of the relevant indices by constructing an evaluation index system. The SBM-DEA model and Tobit regression model were used to empirically test the influence relationship between digital economy, industrial agglomeration, and green...

This study examines the contribution of absorptive capacity to the relationship between FDI spillover effects and firm-level green total factor productivity (GTFP) using the Malmquist-Luenberger productivity index approach combined with a threshold regression model. Using firm-level data from...

The prevalence of overweight and obesity has been increasing in Central Asia. Among numerous potential dietary determinants of overweight and obesity, sugar-sweetened beverages (SSBs) have received a great deal of attention because they are a significant source of calories and added sugars in...

We estimate the effects of the Comprehensive Medical Reform (CMR), a large-scale and comprehensive health care system reform in China, on medical burden and health status. Leveraging a time-varying difference-in-differences methodology and utilizing microdata from the Chinese Family Panel Study...

The strong negative correlation between divorce and a wide range of outcomes in terms of well-being, health, education and labour market performance has been well documented in the literature. Economic conditions have been found to affect marital stability. Shared gains from marriage also depend...

This paper examines the role of export destinations on firm upgrading. I exploit the real effective exchange rate devaluation in Spain during the Great Recession to identify the unusual export performance of manufacturing firms. Using directly observable measures of firm upgrading, I find that...