From NATO Article 5 to regional R&D, government spending is deeply interdependent. @economicsgamer.bsky.social and coauthors model these fiscal externalities with an extended Barro growth model. Data from 30 nations shows how these spillovers drive under-investment. tinyurl.com/dyxhbr6c #econsky

🔔 Delighted to see our paper finally published in Economic Inquiry (ABS3) after 14 months’ review: Interdependence of government expenditure among European countries: Productivity spillover and strategic interaction. doi.org/10.1111/ecin...

Interdependence of government expenditure among European countries: Productivity spillover and strategic interaction

We build an endogenous growth model that distinguishes productive and welfare government expenditures and embeds fiscal externalities. The model yields three testable hypotheses: (i) productive expen....

doi.org

Our new paper published in IRFA finds that #cryptocurrencies have six segments in risk transmission. Using the #LUNA event as a case study, we analyze the directed path of #risks and the systemic resilience of #investments. doi.org/10.1016/j.ir...

🔥 Delighted to share that our new textbook “Applied Economics in Globalised Economies: Problems and Policies” is now out by Palgrave Macmillan (Springer Nature). Welcome to use it for teaching your modules—we have ready-to-use lecture slides and test banks! link.springer.com/book/10.1007...

Applied Economics in Globalised Economies

This textbook provides an introduction to the key issues facing the global economy and demonstrates how economic theory is applied in real-world scenarios.

link.springer.com

Pleased to see a Japanese translation of my article on #AI and #inequality originally published in The Conversation. archive4ones.online/254505jp/

If your name is “Mohamad”, you are less likely to get a callback for job interviews than if your name is “John”. Yet fresh evidence suggests that #ethnic #discrimination lurks at the elite corner of the labour market: academic research. See my brief for The Conversation.

Chinese research isn’t taken as seriously as papers from elsewhere – my new study

A study of over 8,000 articles in top economics journals finds that authors with Chinese surnames are 14% less likely to be cited.

theconversation.com

In our recent paper published in Labour Economics, we find that Chinese first-authored papers are 14% less cited (after controlling for paper quality and other confounding factors) due to taste-based #discrimination. Coauthoring with non-Chinese does not help! doi.org/10.1016/j.la...

Check out our new publication on #DeFi "Major Conundrums and Possible Solutions in DeFi Insurance" in International Journal of Finance & Economics. doi.org/10.1002/ijfe...

Major Conundrums and Possible Solutions in DeFi Insurance

This paper empirically explores the early development of insurance projects in the decentralised finance (DeFi) industry, which is based on disruptive technologies like blockchain and smart contracts....

doi.org

I am glad to see our new article published in Applied Economics. Our article stands at the cross road between the digital economy (#AI) and the sustainable economy (#emission). We identified differences in effects for firms in different lifecycle stages. doi.org/10.1080/0003...

How does artificial intelligence change carbon emission intensity? A firm lifecycle perspective

Artificial intelligence (AI) is crucial in achieving the carbon peak and neutrality goals and mitigating climate change. Although previous studies have explored cross-sectional differences in corpo...

doi.org

Check out my article for The Conversation on #technology and #inequality based on the history of 2000 years in China, 200 years in the UK, and the 20 years in the US. What we fear is never #AI but the capitalists owning #AI. theconversation.com/what-2-000-y...

What 2,000 years of Chinese history reveals about today’s AI-driven technology panic – and the future of inequality

China’s long-unified identity and language has enabled academics to track cycles of growth and inequality in thousand-year-old economic records. This is what they reveal.

theconversation.com

The history of #inequality is also the history of #entrepreneurship. Check out our recent paper in Macroeconomic Dynamics on long-term inequality in the UK (1870-2015). doi.org/10.1017/S136...

We all know that #housing price is determined by #land value, but what is land value determined? Check out my recent Systematic Literature Review on determination of urban land value published in Journal of Accounting Literature. We summarised all known factors of land value.

Interview by #BBC on why and how China becomes a leader in the high-tech industry despite restrictions and #sanctions by the west. “Life always finds its own way out.” Environment can change the route but not the direction.

Latest RePEC IDEAS ranking of global economists.

Check out my new paper on long-term #inequality, collaborated with Yale University. We summarised the history of inequality in imperial #China over 2000 years, and synthesised a general theory of inequality: the TIPS (Technology, Institution, Politics, Social) mechanism.

Check our recent review “Open #Innovation and #Entrepreneurship: A Review from the Perspective of #Sustainable Business Models” mdpi.com/3151776 in #Sustainability

Open Innovation and Entrepreneurship: A Review from the Perspective of Sustainable Business Models

Open innovation serves as a critical pathway for aligning Sustainable Business Models (SBMs) with the dual imperatives of sustainability and the digital economy. This editorial review synthesizes insi...

mdpi.com

Breakfast Briefing on 2025 Welsh government budget at Cardiff Business School.

Given the success of our special issue "Entrepreneurship and Open Innovation from the Perspective of Sustainable Business Models" in #sustainability, the journal decides to start a second volume. Welcome to submit your paper before 16 Dec 2025! www.mdpi.com/journal/sust...