In this paper, the interrelations between PPP and UIP are modified and tested for South Asian economies using multivariate cointegration approach. The study uses monthly data and sample period varies cross-country according to floating exchange rate regime. The results obtained are highly...

This paper empirically investigates the effects of 2008 financial crisis on exchange rate determination in PPP-UIP framework for four emerging countries, using monthly date over the period 1981-2012. The results suggest that the recent financial crisis led to change the role of exchange rate...

The purpose of this paper is to determine whether destinations in Croatia follow the trend of the modern market by ensuring first impression quality through an online campaign. The World Tourist Organisation (UNWTO: 2008) takes into consideration categories of web page quality evaluation such...

This paper analyzes regulatory measures affecting cross-border labor movement (mode 4 of services trade) in Information Technology (IT) services for selected developed countries (Australia, Canada, UK and US). It contributes to the existing literature by developing a template for quantifying the...

This paper analyzes how firms decide where to patent in a heterogeneous firm model of trade with endogenous rival entry. In the model, innovating firms compete with rival firms on price, where rivals force the innovating firm to reduce markups and lower the innovating firm's probability of...

Uprisings, which started in Tunisia, Egypt and Libya, demanding freedom and democracy against dictatorships began to affect Syria in March 2011. Soon after, this uprisings created a crisis which media have shown a lot of interest. There have been many studies examining the attitudes of European...

Vast amounts of information result from business and consumer search, communication, and transactions. All this information can enhance market efficiency and consumer surplus as firms tailor products to buyers. But, there is increased risk of information loss. What issues should be on the...

The future of the transport sector is fraught with uncertainties, as the system is influenced by many factors. The aim of this paper is to offer insight into the future of this sector, seen from a European perspective, by applying a scenario approach and designing four possible paths of...

Diversified firms trade at a discount relative to similar single-segment firms. We argue in this paper that this observed discount is not per se evidence that diversification destroys value. Firms choose to diversify. Firm characteristics, which make firms diversify might also cause them to be...

This deals with the technological development implications of the substantial and long-dated presence of foreign-owned affiliates in the Argentinean manufacturing industry. It put forward the argument that the learning process of foreign-owned firms should be central in the analysis of the...