In this study we apply the Elliott's Wave theory to the index S&P 500 for a period of three years, starting from the October 2008 and until December 31, 2011. An analytical forecast for the first half of 2012 has been carried out. Our principle empirical findings underline that the evolution of...

The health care expenditure in Italian regions is examined, applying the model selection procedure and panel methodologies to identify the determinants of health expenditure at the state level. After a brief introduction and a survey of the economic literature on this issue, we discuss the data...

Wagner's Law is the first model of public expenditure in the history of public finance. It suggests that during the process of economic development the share of public spending in national income tends to expand (Wagner, 1883). Nevertheless, Peacock and Scott in 2000 wrote a paper entitled...

This paper aims to explore the impact of transportation infrastructure on economic growth in China at different levels: aggregate and regional. Using a time series approach and panel data for 28 regions (where there are provinces also) over the time 1990–2017, the experimental findings...

While Germany and Japan are going through major energy reforms, natural gas consumption is taking a growing share in their energy supply. This paper adopts a Machine Learning approach to assess the causal link between natural gas consumption and economic growth for both economies. A Causal...

Municipal solid waste (MSW) is one of the most urgent issues associated with economic growth and urban population. When untreated, it generates harmful and toxic substances spreading out into the soils. When treated, they produce an important amount of Greenhouse Gas (GHG) emissions directly...