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Determinants and sustainability of international reserves accumulation in Nigeria
Shuaibu, Mohammed Isa; Mohammed, Ibrahim Taofik - In: International Journal of Sustainable Economy 6 (2014) 3, pp. 243-260
to determining its sustainability. The three major dimensions of sustainable development (social, economic and … cointegration. Findings suggest that variability of export earnings and the one period lagged value of international reserves had a …
Persistent link: https://www.econbiz.de/10010816424
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Does the Balassa-Samuelson hypothesis still work? Evidence from OECD countries
Tintin, Cem - In: International Journal of Sustainable Economy 6 (2014) 1, pp. 1-18
productivity differences, for ten OECD countries between 1975 and 2007 by using the Johansen cointegration approach. The study … further tests the effect of the terms of trade variable by adding it into a standard BS model. The cointegration analysis … confirms the existence of cointegration among real effective exchange rate, relative productivity and terms of trade. The study …
Persistent link: https://www.econbiz.de/10010816428
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Determining the causality relationships among FDI determinants: evidence from Jordan
Bekhet, Hussain Ali; Al-Smadi, Raed Walid - In: International Journal of Sustainable Economy 6 (2014) 3, pp. 261-274
Economic theory suggests that FDI reinforced economic growth leading to economic development. The present paper analyses four macroeconomic factors that are affecting FDI inflows in Jordan. However, it examines the long-run and short-run causality relationships among inflation rate (INF), gross...
Persistent link: https://www.econbiz.de/10010816420
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The causal relationship between house prices and growth in the nine provinces of South Africa: evidence from panel - Granger causality tests
Chang, Tsangyao; Simo-Kengne, Beatrice D.; Gupta, Rangan - In: International Journal of Sustainable Economy 6 (2014) 4, pp. 345-358
This paper analyses the causal relationship between housing activity and growth in nine provinces of South Africa for the period 1995-2011, using panel causality analysis, which accounts for cross-section dependency and heterogeneity across provinces. Our empirical results support unidirectional...
Persistent link: https://www.econbiz.de/10010944792
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Impact of foreign direct investment on economic growth in CEMAC region: an analysis of transmission mechanisms
Nkoa, Bruno Emmanuel Ongo - In: International Journal of Sustainable Economy 6 (2014) 4, pp. 303-326
The aims of this paper are firstly to access the contribution of foreign direct investment (FDI) to economic growth in countries of the countries CEMAC region, and secondly to show how these foreign investments contribute to the growth of the CEMAC. The basic theory is that of endogenous growth....
Persistent link: https://www.econbiz.de/10010944793
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Impact of renminbi exchange rate expectation on China's foreign exchange reserves: an empirical analysis
Du, Jiancheng; Ge, Jiaoju; Qiao, Jin - In: International Journal of Sustainable Economy 6 (2014) 4, pp. 327-344
Compared with the previous researches giving scattered and qualitative discussions about the exchange rate expectation China's foreign exchange reserves (FER), this paper conducted an empirical research by adding the exchange rate expectation. Starting from the evolution path of RMB exchange...
Persistent link: https://www.econbiz.de/10010944794
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Green productivity: clarifying terminology and concepts
Besco, Laurel - In: International Journal of Sustainable Economy 6 (2014) 4, pp. 406-425
Employing and adjusting conventional productivity measures to represent the (mis)use of natural capital in production processes has recently generated increased interest. However, the literature relating to natural capital and productivity is highly fragmented, at times uses different...
Persistent link: https://www.econbiz.de/10010944796
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Surreptitious structure of the Turkish financial crisis 2000-2001
Ozkaya, Ata - In: International Journal of Sustainable Economy 6 (2014) 4, pp. 359-380
In this paper, we develop a comprehensive framework to obtain a 'broad definition' of overall public debt stock accumulation in Turkey. To do this first, we identify 'invisible balance' of public sector incurred from politically backed (informal) off-budget debt-creating transactions among...
Persistent link: https://www.econbiz.de/10010944797
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Postharvest loss estimation of cut rose (Rosa hybrida) flower farms: economic analysis in East Shoa Zone, Ethiopia
Aman, Mohammed - In: International Journal of Sustainable Economy 6 (2014) 1, pp. 82-95
Despite the sector's role of sustaining economic growth, there is considerable loss in rose cut flower production due to improper postharvest handling. This study's survey was conducted from first week of February to last week of April, 2011 in three districts of East Shoa Zone, Ethiopia for...
Persistent link: https://www.econbiz.de/10011015112
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Rule of law and the environmental Kuznets curve: evidence for carbon emissions
Castiglione, Concetta; Infante, Davide; Smirnova, Janna - In: International Journal of Sustainable Economy 4 (2012) 3, pp. 254-269
In response to the growing body of literature on the relationship between the environment and institutions, this study investigates how the rule of law influences the turning point of the environmental Kuznets curve (EKC). Using Bradford et al.'s (2005) and Leitão's (2010) alternative...
Persistent link: https://www.econbiz.de/10011015113