This paper analyzes the effectiveness of government subsidies in promoting product diversity when a downstream firm has buyer power. Using an extension of the Dixit-Stiglitz model of monopolistic competition, we compare the effects of subsidies on the equilibrium number of differentiated...

Existing research has only placed stress on the one-way effect of banking competition on regional carbon emissions. However, the emissions-increasing and emissions-reducing effects of banking competition are examined in this study. On that basis, the relevant theoretical framework on the...

Expanding the income sources of migrant workers and improving their income level with rural land property rights represent a factor distribution path to achieve common prosperity from the perspective of economic income distribution. In this paper, based on the data of the dynamic monitoring...

This paper develops and tests a Neoclassical growth model with the institution effect of government size in the framework of a dynamic panel data model, using two Generalized method of moments (GMM) estimators to address endogeneity of explanatory variables in estimation. I find a robust...

Faced with the imperfection of econometrics in terms of potential endogeneity bias, there are generally three options in research methodology for empirical test in economics. The most scientific option should be based on a comparison of all possible analysis methods and a choice of the optimal...

Using a Dynamic Panel Model and two estimators: Arellano-Bond Estimator and Arellano-Bover/Blundell-Bond System Estimator, this paper provides empirical evidence to support the hypothesis that expenditure on entitlement programs increases voluntary and involuntary unemployment, and decreases...