This study examines the adoption of cotton combine services and its impact on farm technical efficiency in Kazakhstan and Uzbekistan. The research aims to determine whether mechanisation influences productivity and economic output at the farm level. Using farm-level data from 511 cotton growers...

This article advances a new perspective on corporate purpose, grounded in the institutional conditions under which corporate privileges are granted. Using a novel dataset of historical UK royal charters and a mixed-methods empirical strategy, the study shows that early corporations articulated...

This study aims to identify the macroeconomic factors influencing the likelihood of a banking crisis in Iran, with a particular focus on macroprudential policy. We employed a discrete econometric model (Logit/Probit) using data from 2011 to 2023. The independent variables include the...

The relationship between Credit Default Swaps (CDS) and cash bonds plays a pivotal role in providing market participants with important information which directly affects investment and risk management strategies. Particularly relevant is the CDS-Bond basis, defined as the difference in basis...

This article investigates the dynamic interrelationships between the shadow economy, inflation, and economic growth in 15 countries of the Middle East and North Africa (MENA) region over the period 1991-2017. The study employs a simultaneous equations framework estimated through the Three-Stage...

• In March 2026, the Strait of Hormuz is closed. The shutdown blocks roughly one-fifth of the world's oil and one-quarter of its liquefied natural gas, triggering severe welfare losses in energy-dependent developing countries worldwide. • Standard trade models underestimate the impact...

The Danish housing sector, which most closely resembles "social housing" in other countries, is the "public housing" sector (although it is privately owned). It is open to anyone who signs up for a waiting list - regardless of income and family circumstances. The sector is also called...

Why did enduring socio-economic inequality emerge between the 4th and 3rd millennium BCE, after millennia of substantial egalitarianism? We test the hypothesis of inequality being a by-product of state formation in an archeological panel covering Southern Iraq between 3900 and 1900 BCE. We...