Sustainable Economic Development Research Group (SED)

The Sustainable Economic Development Research Group (SED) research group aims to conduct cutting-edge research that contributes to our understanding of achieving Sustainable Development Goals (SDGs). To this end, members are concerned with bringing together government, businesses, non-governmental organizations, and local communities to address sustainability issues at local, national and international levels. Additionally, the group provides a forum for university academics to exchange ideas about sustainable development issues facing our world today and encourages interdisciplinary research.

The Role of Manufacturing and Services in Economic Growth

The manufacturing and services sectors are key drivers of economic growth, contributing significantly to productivity, employment, and overall development. This research examines the effects of manufacturing and services exports on economic growth for a broad sample of developing and developed countries for more than 30 years. By disaggregating total exports into primary, manufacturing, and services exports, this research provides a comprehensive analysis of their distinct growth impacts. These findings will offer valuable insights for policymakers to develop targeted export strategies that enhance economic performance across different income groups and growth levels.

Financial Literacy and Economic Growth

Financial literacy is a crucial determinant of economic growth and financial stability, influencing individual decision-making, investment behavior, and overall economic development. This study examines the relationship between financial literacy, financial development, and economic growth, addressing gaps in the macroeconomic understanding of this linkage. The findings will provide valuable insights for policymakers, highlighting the role of financial literacy in sustaining economic growth and mitigating the diminishing returns of financial development.

Labour Markets, Policies and Gender Inequalities

Labour market policies play a crucial role in shaping employment outcomes, workforce stability, and overall economic resilience. This research analyses the impact of both active and passive labour market policies using retrospective data from EU countries to assess their effectiveness in facilitating re-employment and ensuring job stability, among others. By exploring key labour market outcomes such as re-employment probability and re-employment duration, this study provides insights into how different policy interventions influence labor market dynamics. Additionally, it examines gender disparities, recognising that labor market policies affect men and women differently. The findings will contribute to a deeper understanding of how tailored labor market policies can enhance employment prospects and reduce gender inequalities across different labour market contexts.

• Panagiotidis, T., Mussoni, M. and Voucharas, G., 2024. How important is tourism for growth?. International Journal of Finance & Economics, 29(4), pp.4704-4720.

• Yerrabati, S. 2024. Path to achieving SDG 8: do worker remittances reduce vulnerable employment? Journal of Economic Studies, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JES-11-2023-0674

• Yerrabati, S. 2023. Does vulnerable employment narrow income inequality? Evidence from developing countries. Journal of Income Distribution. Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.25071/1874-6322.40538

• Yerrabati, S., 2023. When does self-employment equalise income? Evidence from developing countries. Journal of Economic Studies, 50(8), pp.1847-1865.

• Andreu, L., Drouard, J. and Karoubi, B., 2022. Étude sur la réussite au concours d’agrégation externe et le recrutement des enseignants-chercheurs dans les matières juridiques. Revue d'économie politique, 132(4), pp.551-582.

• Karoubi, B., 2022. Do surcharges influence our choice of payment instrument? Theory and evidence. Bankers, Markets & Investors, 169(2), pp.13-23.

• Lykopoulos, E., Voucharas, G. and Xefteris, D., 2022. Pandora’s rules in the laboratory. Experimental Economics, 25(5), pp.1492-1514.

• Boikos, S., Panagiotidis, T. and Voucharas, G., 2022. Financial development, reforms and growth. Economic Modelling, 108, 105734.

• Yerrabati, S., 2022. Corruption and Growth in Developing Countries: Does Self-Employment Matter?. The Journal of Developing Areas, 56(3), pp.131-146.

• Yerrabati, S., 2022. Does vulnerable employment alleviate poverty in developing countries?. Economic Modelling, 116, 106043.

• Yerrabati, S., 2022. Self-employment: a means to reduce poverty in developing countries?. Journal of Economic Studies, 50(2), pp.129-146.

• Janson, N. and Karoubi, B., 2021. The Bitcoin: to be or not to be a Real Currency?. The Quarterly Review of Economics and Finance, 82, pp.312-319.

• Chenavaz, R., Drouard, J., Escobar, O.R. and Karoubi, B., 2018. Convenience pricing in online retailing: Evidence from Amazon.com. Economic Modelling, 70, pp.127-139.

• Karoubi, B. and Chenavaz, R., 2015. Does crime influence the payment decisions of consumers?. Journal of Applied Business Research, 31(5), pp.1709-1718.

• Karoubi, B. and Chenavaz, R., 2015. Prices for cash and cash for prices? Theory and evidence on convenient pricing. Applied Economics, 47(38), pp.4102-4115.