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The causality between energy consumption and real income in developed countries has been a very vital research topic in recent years. Raising concerns about climate change and global warming increase the pressure on policy makers to take action against energy depletion. Unfortunately these...
Persistent link: https://www.econbiz.de/10010886612
Corruption undermines economic development and therefore it is one of the major factors hindering economic growth and political stability, especially in the developing countries. Studies in recent years show that countries with rich natural resources have the potential to shape corruption....
Persistent link: https://www.econbiz.de/10010933195
considered while the index related to Turkey is higher compare with Iran and Pakistan. See above See above … compare the results with two ECO members, i.e. Turkey and Pakistan. For the estimation of aggregate financial liberalization … show that Ira and Pakistan have started financial reforms since the mid 1990s, while Turkey has started a decade earlier …
Persistent link: https://www.econbiz.de/10010887925
To estimate potentials for economic integration among selective ECO countries Several Trade indexes, Partial EquilibriumThrough indexes, i will demonstrate (1) whether trade relations between countries improving as good as their relations with other world countries, (2) in which sectors...
Persistent link: https://www.econbiz.de/10010933237
The purpose of this paper is to evaluate the impact of trade cost reduction on the Asian economy by employing a sub-national level model based on New Economic Geography. Our model comprises seven sectors, including manufacturing and non-manufacturing sectors, and 1,715 regions in 18...
Persistent link: https://www.econbiz.de/10010902751
consistently among the top importers of primary fossil fuels (oil, gas, and coal). Conversely, the CSA countries of Iran …
Persistent link: https://www.econbiz.de/10010933242
In this paper, we investigate business cycle regularities in oil exporting countries. We ask the question whether oil exporting countries are all alike or whether economic fluctuations and the response dynamics of macroeconomic variables are similar. Besides we also test for the possible sources...
Persistent link: https://www.econbiz.de/10010933260
explaining the theft from electric utilities in Pakistan. We obtained elasticity of electricity theft with respect to different …
Persistent link: https://www.econbiz.de/10010886665
The standard vector error correction (VEC) model assumes the iid normal distribution of disturbance term in the model. This paper extends this assumption to include GARCH process. We call this model as VEC-GARCH model. However as the number of parameters in a VEC-GARCH model is large, the...
Persistent link: https://www.econbiz.de/10010886654
motivating farmers to insure crops in Hamadan province, Iran. The required data has been collected from 165 farmers through face …
Persistent link: https://www.econbiz.de/10010886668