Showing 1 - 10 of 42
This paper studies recent developments in tourism in the East Caribbean countries (ECC) and reviews government policies to support tourism. The paper also presents a model to explain the movements of tourist arrivals to the region during 1970-86. The estimated model is used to project future...
Persistent link: https://www.econbiz.de/10014396008
The present paper investigates whether tourism specialization is a viable strategy for development. We estimate standard growth equations augmented with a variable measuring tourism specialization using instrumental variables techniques for a large cross-section of countries for the period...
Persistent link: https://www.econbiz.de/10014402466
Persistent link: https://www.econbiz.de/10009424816
Persistent link: https://www.econbiz.de/10009488213
Persistent link: https://www.econbiz.de/10011282762
What attracts conventional investors to Islamic financial instruments? We answer this question by comparing Malaysian Islamic and conventional security prices and their response to macrofinancial factors. Our analysis suggests that Islamic and conventional bond and equity prices are driven by...
Persistent link: https://www.econbiz.de/10009618564
Persistent link: https://www.econbiz.de/10010389478
. Empirical results based on macro and firm-level data from Indonesia, Malaysia, and Thailand (ASEAN-3) support this hypothesis …
Persistent link: https://www.econbiz.de/10012670992
, however, was not uniform. Even in a relatively homogenous group of countries such as ASEAN-4 (Indonesia, Malaysia, the … impact on more open economies (Malaysia and Thailand). Second, countercyclical fiscal stimulus in Indonesia and the …
Persistent link: https://www.econbiz.de/10012667433
Malaysia's local currency debt market is one of the most liquid public debt markets in the world. In recent years, the …-stage model to estimate the main drivers of debt capital flows to Malaysia. Finally, it uses a GARCH model to test the hypothesis … Malaysia responds adequately to both pull and push factors and find no firm evidence that nonresident flows cause volatility in …
Persistent link: https://www.econbiz.de/10012001596