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Journal of Economic Science Research

ISSN: 2630-5240 (Online)

  • Article

    Impacts of Foreign Direct Investment on Economic Growth in the East African Community (EAC): Empirical Evidence from Burundi

    Eric Irakoze, Baorong Yu

    Article ID: 107956    DOI:https://doi.org/10.30564/jesr.v3i4.1937
    1647  (Abstract) 247  (Download)

    Abstract: This study analyzes how Foreign Direct Investment affects the rate of economic development among nations in the EAC with the empirical evidence of Burundi. The paper indicates that there is a link between foreign direct investment(FDI), gross domestic product(GDP), human capital, and openness with support of yearly time-series data from 1989 to 2017. The results from the Vector Error Correction Model (VECM) analysis technics discover that all... More

  • Article

    Review of Financial Pressure

    Jianping Sun, Zhengjun Wang, Tran Thi Ngat

    Article ID: 108094    DOI:https://doi.org/10.30564/jesr.v3i4.2120
    1152  (Abstract) 205  (Download)

    Abstract: Different from foreign capital markets, china’s domestic capital markets are special, which also determines that the research on financial pressure starts from the reform of state-owned enterprises, and draws lessons from the relevant theories of financial risk and financial fraud, thus gradually forming a more diversified research results. More

  • Article

    Research on the Development Path of Zigong Salt Culture and Creative Industry in the Era of Digital New Media

    Bingjie Zhang

    Article ID: 108096    DOI:https://doi.org/10.30564/jesr.v3i4.2122
    1121  (Abstract) 180  (Download)

    Abstract: Salt culture is the main component of traditional culture in Zigong,Sichuan.With centuries of history, it has accumulated rich cultural connotations. At present, Zigong salt culture, as a precious traditional cultural wealth, has taken cultural and creative industries as a new carrier of communication in the rapid development of digital new media technology, giving full play to the resource advantages of its traditional culture. This article... More

  • Article

    Predicting on Chinese Consumers’ Organic Wine Purchase Intention

    Xueying Liu

    Article ID: 108196    DOI:https://doi.org/10.30564/jesr.v3i4.2267
    638  (Abstract) 117  (Download)

    Abstract: There is very little research on the perception and willingness of Chinese consumers to purchase organic wine.The research aims to understand the factors which influence Chinese consumers’ willingness on organic wine purchase. Based on the TRA and TPB, combine with SCT, a conceptual model is established to solve research problems. More

  • Article

    Option Pricing beyond Black-Scholes Model: Quantum Mechanics Approach

    Pengpeng Li, Shidong LiangORCID

    Article ID: 108227    DOI:https://doi.org/10.30564/jesr.v3i4.2311
    1016  (Abstract) 195  (Download)

    Abstract: Based on the analog between the stochastic dynamics and quantum harmonic oscillator, we propose a market force driving model to generalize the Black-Scholes model in finance market. We give new schemes of option pricing, in which we can take various unexpected market behaviors into account to modify the option pricing. As examples, we present several market forces to analyze their effects on the option pricing. These results provide us two... More

  • Article

    Economic Policy Uncertainty and Corporate Mergers and Acquisitions

    Xun Han, Kexin Chen, Xianjing Huang

    Article ID: 108308    DOI:https://doi.org/10.30564/jesr.v3i4.2413
    1641  (Abstract) 385  (Download)

    Abstract: In recent years, the frequent adjustment of the government’s economic policies and the uncertainty of foreign economic situations have made the degree of uncertainty of China’s economic policies rise continuously. The increasing degree of policy uncertainty will inevitably affect the investment and financing decisions of micro enterprises. Then, how does economic policy uncertainty (EPU) affect mergers and acquisitions (M&A) behavior? What’s... More

  • Article

    Research on Teaching Innovation of Property Insurance Course: Based on the Perspective of Big Data Development

    Jiangyu Huang, Ning Xue

    Article ID: 108327    DOI:https://doi.org/10.30564/jesr.v3i4.2433
    1070  (Abstract) 119  (Download)

    Abstract: The development of big data has brought unprecedented challenges and opportunities to the teaching reform of higher education. Property insurance course is the core course of economics and management, and it is the guarantee for the supply of talents in the health financial market. Big data technology and data economy put forward innovative requirements for its teaching objectives, teaching content, and teaching system. In China’s new round of... More

  • Article

    Opportunities, Challenges and Countermeasures proposed for the new retail industry in The COVID-19

    Changli Lu, Yingdong Xiang

    Article ID: 108328    DOI:https://doi.org/10.30564/jesr.v3i4.2434
    1051  (Abstract) 686  (Download)

    Abstract: It has been four years since the concept of “new retail” was proposed, and the layout of “new retail” of several major domestic enterprises has been intensified, which has a “unique landscape” compared to the foreign retail landscape. The trend, however, the sudden outbreak and continued spread of the COVID-19 has dealt a serious blow to the global economic development, from the domestic point of view, the epidemic caused by the decline in GDP,... More