When evaluating entrepreneurship at the national level, the influence of small and mediumsized enterprises (SMEs) on the state economic development is analyzed. Also, the impact of significant factors (goods and services competitiveness, innovations, diversification, clusterization, creating...

This research was undertaken to develop a user-friendly, systematic management tool to understand and assess the key risks specific to PPP power station project with the ultimate goal of improving project performance. The study develops a conceptual risk assessment system (RAS) using combined...

Transportation infrastructure is an exciting topic for public policy, private sector and the connection between them. This study deals with the impact of railways as hard type of transportation infrastructure on economic growth and population density. The purpose of this study is to search for...

The aim of this paper is to empirically investigate the in sample and out of sample forecasting performance of several GARCH-type models such as GARCH, EGARCH and APARCH model with Gaussian, student-t, Generalized error distribution (GED), student-t with fixed DOF 10 and GED with fixed parameter...

This research examines problems surrounding procedures of fiscal policy and their influence on economic growth in Nigeria from 1970 - 2009. Theory envisage that fiscal policy can impinge on economic growth by changing motivation for investment and labour as well as by altering after-tax proceeds...

By estimating the correlation coefficients values we compare in this study the diversification potential of the different foreign equity markets and commodities. We present the findings that reflect the perspective of Polish investor. Our results are following: we identify a significant...

"Grüne" Investitionen können in einem europäischen Wachstumspaket eine zentrale Rolle einnehmen, da sie kurzfristig spürbare Beschäftigungsimpulse und mittel- bis langfristig positive fiskalische Effekte auslösen können. Die Summe der zusätzlichen "grünen" Investitionen könnte die...

The ongoing globalisation process has not put an end to international financial crises. On the contrary, it seems to have contributed to their appearance and to accentuating their degrees of unpredictability. In this context, the main objective of the present study is to establish whether the...

In the context of capital market integration, a sample of 64 US firms is examined for any evidence of changes in stock risk as a result of international listings. Several risk measures are tested. Although we are not able to reject the hypothesis that domestic market betas do not change as a...

This article examines the behavior of Treasury bond rates in Asia-Pacific Economic Cooperation’s countries. Granger causality tests based on the vector error correction model (VECM) suggest bidirectional Granger causalities between changes in (i) the Canadian and Malaysian Treasury bond rates,...