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Pacific Economic Review

Subject Areas: Economics and Econometrics
Publisher: Wiley Subscription Services, Inc., A Wiley Company - Wiley
ISSN: 1361-374X
SJR: 34

Available

Journal Article

Does using social media increase or decrease happiness? An empirical study of Facebook users in Taiwan

Lee, Ming‐Hsuan; Liu, Ya‐Ming; Yu, Clarence

2023 Pacific Economic Review

doi:10.1111/1468-0106.12429

In 2022, approximately 90% of the entire population in Taiwan actively used social media. Although several studies have examined emotional changes among social media users in Taiwan, the endogeneity problem stemming from reverse causality has not been recognized and properly addressed. Therefore,...
Available

Journal Article

Benefits of foreign direct investment subsidies: The role of funding sources

Han, Wontae; Wang, Jian; Wang, Xiao

2023 Pacific Economic Review

doi:10.1111/1468-0106.12421

Using a two‐country model with heterogeneous firms, we show that the optimal level and welfare gains of foreign direct investment (FDI) subsidies critically depend on how they are funded. In a setting that resembles tax distortions in emerging markets, we compare the effects of distortionary...

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