In this paper we develop and apply a stochastic multistage dynamic cooperative game for managing transboundary water resources, within the water-food-energy nexus framework, under climate uncertainty. The mathematical model is solved for the non-cooperative and cooperative (Stackelberg...

Entrepreneurship in developing countries plays a pivotal role in fostering economic growth, reducing poverty, and creating jobs. However, the process of establishing and sustaining businesses in these regions is fraught with numerous challenges, including limited access to capital, inadequate...

This research manuscript evaluates the effectiveness of local policies and regulations aimed at fostering environmental sustainability and technological innovation. The research investigates key policies governing green and digital transitions, assesses their alignment with national and...

The paper investigates the causes of rising inequality among Indian states in terms of per capita State Domestic Product (GDP) in recent decades by examining the convergence/divergence between 20 major Indian states from 2000 to 2019. The paper adds to the existing literature by including the...

Why are most products in retail stores designed, packaged, and decorated attractively? In this paper, I present a model of how consumers obtain utility from a “sense of play” with the designs and decorations of products that are separate from their practical usefulness. Here, “play” has...

Forecasting GDP is crucial for economic planning and policymaking. This study compares the performance of three widely-used econometric models—ARIMA, VAR, and Linear Regression—using GDP data from the UAE. Employing a rolling forecast approach, we analyze the models’ accuracy over...

This study examined the impact of exchange rate on disaggregated components of balance of payment in Nigeria for the period 2005-2020, using quarterly time series data generated from Central Bank of Nigeria Statistical bulletin, 2020. The Autoregressive distributed lag (ARDL) approach to...

This contribution is, first and foremost, a reflection on the theme of political economy and the historical evolution of its ideas. It highlights some salient moments in the history of political economy and remembers the main protagonists who have contributed to the development of the discipline...

The premise of this paper is that globalization faces a endogenously generated crisis which has both economic and political dimensions, a result of the specific combination of continuity and change that has marked its historical trajectory. While western dominance, financialization, and the...

This paper presents two synthetic estimations of the Gini coefficient at a municipality level for Colombia in the years 2000-2020. The methodology relies on several machine learning models to select the best model for imputation of the data. This derives in two Random Forest models were the...