Economy

Additive manufacturing has recently gained attention in international business due to its disruptive potential. This paper explores its challenges and opportunities, offering a broader perspective on global value chains and internalization theory. Using thematic and content analysis of academic and professional sources, the study aims to bridge the gap between industry and academia. It highlights the benefits of additive manufacturing, …

Many governments use carbon pricing, such as carbon tax and cap-and-trade, to mitigate greenhouse gas emissions. Critics argue these policies increase food prices, but this study examines their impact in Canadian provinces. Using a staggered difference-in-difference approach, it finds that carbon pricing leads to a 2% to 4% decrease in food prices over time. The deflationary effect is attributed to …

With the continuous advancement of artificial intelligence, using machine learning to predict market trends is becoming more feasible. Recently, AI has gained significant attention in academia and is widely applied in areas like image recognition and natural language processing. Its impact on quantitative investment, which uses data analysis, model construction, and algorithmic trading to achieve stable returns, is profound. Financial …

Green development is a key aspect of China’s new development strategy, with Pilot Free Trade Zones (PFTZs) serving as critical areas for promoting reforms and openness. This study uses PFTZs as quasi-natural experiments in the Yangtze River Economic Belt, analyzing urban data from 2006 to 2020. The findings reveal that PFTZs significantly enhance urban green development, though effects vary by …

Bioindustrial manufacturing is rapidly growing and is crucial for economic development. It’s urgent to ensure that its expansion benefits society. We’ve explored the ethical aspects of this growth, focusing on safety, security, social responsibility, and sustainability, suggesting policy actions to maximize societal benefits. Biomanufacturing, which encompasses the production of goods through biological processes, is a vital component of the bioeconomy, …

This pioneering study analyzes herding and reverse herding in US housing markets using Zillow ZIP-level house price indices. It discovers that reverse herding is more prevalent than herding, a contrast to equity markets and less detailed house price indices. The findings propose that the interplay of price appreciation and overconfidence may fuel reverse herding, with their occurrence heavily influenced by …

This paper examines the long-term effects of mega sports events, addressing challenges in measuring and forecasting their legacy. It introduces a bottom-up approach to identify event legacies, encompassing changes in infrastructure, knowledge, image, emotions, networks, and culture, which alter the host city’s location factors. The study emphasizes the significance of tourism legacy among the benefits and costs associated with the …

The COVID-19 pandemic sparked significant digital transformation in supply chain management, though sustainability remains a challenge. This editorial presents scholarly research on digital transformation in logistics and proposes a novel framework to help the industry navigate disruptions caused by the pandemic and aid in recovery. The logistics industry is rapidly advancing due to the adoption of new digital technologies and …

This study examines the link between mobile game addiction and in-app purchase intention in PUBg Mobile, with a focus on the moderating role of loyalty, negative electronic word-of-mouth, and perceived risk. Conducted with 347 PUBg mobile players in Indonesia, the research utilized Partial Least Squares-Structural Equation Modeling. Results show that game addiction influences loyalty, negative word-of-mouth, perceived risk, and in-app …

This qualitative study explores how 15 international graduates from Chinese universities negotiated employability in China. Employing Bourdieu’s cultural theory, Tomlinson’s graduate capital model, and Pham’s employability agency framework, the study reveals that these graduates strategically developed various forms of capital to navigate the Chinese labor market. The findings emphasize the need for collaborative support from stakeholders to help international students …