Background: One of the principal goals of monetary policy pursued by Central Banks worldwide is virtually price stability. Understanding inflationary dispositions and its determinants is therefore a critical issue from the monetary authorities, scholars and the policy makers viewpoint. The...

Ratifying the Paris Climate Change Agreement of 2015, which is the new framework for global environmental measures for change after 2020 onward, Japan is proposing to reduce its greenhouse gas emissions by 26% by 2030 from 2013 levels. To achieve this target, it is indispensable to transcend the...

Literature on the choice of model for deriving an input-output table (IOT) from a pair of supply-use tables (SUTs) has focused on the consequences for the IOT and the Leontief inverse. Analyzing the technology and fixed sales structure transformation models and their applications involving...

The objective of this study is to endorse the driving factors behind total factor productivity (TFP) and economic growth in Pakistan. Pakistan's average growth rate is 5% for last few decades, and although this growth level is satisfactory, Pakistan faced several formidable challenges yet. The...

Firm size is increasingly acknowledged as an important factor for (macro-)economic policy. It is known that the overall importance of small- and medium-sized enterprises (SMEs) is different relative to large multinationals in terms of their impact on economic growth, exports and innovation. Yet...

Using input-output data from Symmetric Input-Output Tables for the year 2010 and relevant price models, this paper provides empirical estimations of medium- and long-run effects of wage and currency devaluations on international price competitiveness and income distribution for two 'PIIGS...

Farming in India is experiencing a structural change leading to a crisis. The growth rate of agricultural output is steadily declining in recent years. The relative contribution of the farming sector to the total GDP has been decreasing over time increasingly. The present study was conducted in...

This paper analyzes the spatial and temporal distribution of CO2 emissions intensity and energy intensity in China by using spatial measuring method from 2000 to 2013 and estimates the potential for CO2 emissions reduction. The results obtained in this study include: (1) Both CO2 emissions...

The role of external demand in determining economic growth has undoubtedly increased as a result of globalisation. However, the conventional approach used to assess the contribution to growth of exports diminishes the positive influence of higher foreign demand by attributing to it the entire...

This paper studies the birth of the market for Japanese black tea, its decline, and its rebirth. Currently, the black tea consumed in Japan is mostly imported. But the production of Japanese black tea has gradually increased, and more than 200 tons was produced in 2016. We investigate the...