Despite the fact that previous studies have extensively investigated the foreign direct investment (FDI)-growth nexus, those studies have not considered the role of terms of trade as a proxy for international competitiveness and structural changes. This paper investigates the causal nexus...

We present an analytical approach to institutional analysis that draws inspiration from control process engineering in the physical sciences. We characterize smart institutions as having three foundational features. First, smart institutions are context sensitive and expressly allow for a...

Since the 1990s, the clothing and textile (C&T)-industry has been tremendously affected by changes in technology, trade costs, and the institutional environment. This paper studies the restructuring of C&T-trade from the perspective of Europe's two most prominent C&T-goods producing...

In the context of the transformation toward a "green economy," issues related to natural resource use have rapidly increased in importance in European and international policy debates. The large number of studies applying economy-wide material flow analysis so far mostly produced aggregated...

In this article, we assume a union of countries where each national economy interacts with the others. We propose a new model where (a) delayed variables are incorporated into the system of equations and (b) the interaction element is restricted into the annual governmental expenditure that is...

Many structural changes have occurred in the European Union countries, for example, there have been changes in sectoral employment share, in the demand of goods due to technology, in trade patterns and in technology. These structural changes may affect the process of convergence. Most of the...

We examine the causal relationship between electricity consumption and sectoral output growth in Uganda. First, we use vector error correction techniques to estimate the long-run relationship between electricity consumption and GDP growth. Second, we apply Granger causality tests to determine...

The aim of this research is to introduce a multiregional social accounting matrix (SAM) in Japan evaluating the regional and interregional spillover effects of economic impacts and to show the impact flows of economic linkages based on SAM. While research on national and regional SAM has become...

This study simultaneously analyzed the carbon and material footprints for three critical metals (neodymium, cobalt, and platinum) in Japanese households with different income levels. These metals are critical for new energy technologies, such as electric vehicles and rechargeable batteries, and...

This paper examines the impact of adoption of power factor correction technology on electricity peak demand in Uganda. Specifically, the paper examines the variability of peak electricity demand in the periods before and after the implementation of power factor improvement schemes and assesses...