Finance & Economics: Recent submissions
Now showing items 301-320 of 419
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Sources of Economic Growth in MENA Countries: Technological Progress, Physical or Human Capital Accumulations?
( Palgrave Macmillan , 2016 , Book chapter)Economic growth is an increase in the productive capacity of an economy. The productive capacity can be increased by an increase in factors of production, such as capital, labor, or the level of technology. Economic growth ... -
Breaks or long range dependence in the energy futures volatility: Out-of-sample forecasting and VaR analysis
( Elsevier B.V. , 2016 , Article)The aim of this paper is to propose an empirical strategy that allows the discrimination between true and spurious long memory behaviors. That strategy is based on the comparison between the estimated long memory parameter ... -
Time varying market efficiency of the GCC stock markets
( Elsevier B.V. , 2016 , Article)This paper investigates the time-varying levels of weak-form market efficiency for the GCC stock markets over the period spanning from May 2005 to September 2013. We use two empirical approaches: (1) the generalized ... -
Financial development and environmental quality in UAE: Cointegration with structural breaks
( Elsevier Ltd , 2016 , Article Review)This study extends the recent work of Shahbaz et al. (2014) by implementing recent unit root tests with multiple structural breaks and regime-switching cointegration techniques considering for one and two unknown regime ... -
Remittances, institutions and economic growth: A closer look at some proxies for institutions
( Economics Bulletin , 2016 , Article)This paper re-examines the relationship between remittances and economic growth by giving a closer look at the role of institutions. Using data on 55 developing countries over the period 1991-2011 and estimates from empirical ... -
Further evidence on the rationality of interest rate expectations: A comprehensive study of developed and emerging economies
( Elsevier , 2016 , Article)This study performs unbiasedness and efficiency tests of three-month and twelve-month ahead interest rate forecasts of one short-term and one long-term security of 10 developed and 20 emerging economies by exploiting a new ... -
IT outsourcing intent in academic institutions in GCC countries: An empirical investigation and multi-criteria decision model for vendor selection
( Emerald Group Publishing Ltd. , 2016 , Article)Purpose - The purpose of this paper is to understand the reasons behind the intent for information technology (IT) outsourcing in academic institutions in GCC countries. It also aims to develop a multi-criteria decision ... -
Do financial crises alter the dynamics of corporate capital structure? Evidence from GCC countries
( Elsevier B.V. , 2017 , Article)We study the impact of the 2008 financial crisis on the capital structure of GCC firms. We employ a dataset covering a 10-year period from eight sectors to investigate patterns in corporate leverage before and after the ... -
The Determinants of Sukuk Market Development
( Routledge , 2017 , Article)The objective of this article is to empirically investigate the structural, financial, developmental, institutional, and macroeconomic determinants of Sukuk market development for a sample of 13 countries over the period ... -
Cost-efficiency and financial and geographical characteristics of banking sectors in the MENA countries
( Routledge , 2017 , Article)We utilize the translog stochastic frontier model to estimate the cost-efficiency levels for conventional and Islamic, Cooperation Council (GCC) and non-GCC banks in the Middle East and North African (MENA) countries. The ... -
Spillovers between food and energy prices and structural breaks
( Elsevier B.V. , 2017 , Article)This paper estimates a bivariate VAR-GARCH(1,1) model to examine linkages between food and energy prices. The adopted framework is suitable to analyse both mean and volatility spillovers, and also allows for possible ... -
Corruption in Africa: What role does ICT diffusion play
( Elsevier Ltd , 2017 , Article)This paper assesses the determinants of corruption in Africa and focuses on the effect of ICT diffusion on corruption. Using a sample of 47 African countries over the period from 1996 to 2014, empirical findings provide ... -
The Politics of Sovereign Credit Spreads
( Routledge , 2017 , Article Review)Using a large sample of 35 developing countries for the period 1993-2009, we provide strong and robust evidence that the political institutions in place play a significant role in explaining sovereign spreads. In particular, ... -
Asymmetric responses of money demand to oil price shocks in Saudi Arabia: a non-linear ARDL approach
( Routledge , 2017 , Article)Saudi Arabia is an open oil-based economy with fixed exchange rates; therefore, it has limited monetary policy autonomy. Using non-linear autoregressive distributed lag approach, this article investigates the asymmetric ... -
Diversification potential of Asian frontier, BRIC emerging and major developed stock markets: A wavelet-based value at risk approach
( Elsevier B.V. , 2017 , Article)This study examines the portfolio risk and the co-movements between each of the BRIC emerging and South Asian frontier stock markets and each of the major developed stock markets (U.S., UK and Japan), using the wavelet ... -
The Determinants of Bond Market Development: Further Evidence from Emerging and Developed Countries
( Elsevier B.V. , 2017 , Article)The objective of this paper is to empirically investigate the structural, financial, developmental, institutional, and macroeconomic determinants of bond market development for a sample of 22 emerging and developing countries ... -
Dynamic risk spillovers between gold, oil prices and conventional, sustainability and Islamic equity aggregates and sectors with portfolio implications
( Elsevier B.V. , 2017 , Article)This paper investigates the time-varying equicorrelations and risk spillovers between crude oil, gold and the Dow Jones conventional, sustainability and Islamic stock index aggregates and 10 associated disaggregated Islamic ... -
Performance Of Tourism Destinations: Evidence From Tunisia
( SAGE Publications Inc. , 2017 , Article)This study uses data envelopment analysis and a two-stage procedure to compare the performance of Tunisian tourism destinations and to examine the impact of investment (public and private), economic circumstances, workers ... -
Corporate governance, bank concentration and economic growth
( Elsevier B.V. , 2017 , Article)We examine the effects of bank concentration and corporate governance among firms in terms of economic growth using panel data for 34 countries and 29 manufacturing sectors over the period 1980-2010. We show the following ... -
Workers’ Remittances and Economic Growth in MENA Countries: The Role of Financial Development
( Springer , 2020 , Book chapter)In this article, we examine the role of financial development as a channel through which migrants’ remittances could affect economic growth in selected countries of the MENA region.
