Water deficiency is a major concern in several arid and semi-arid countries, affecting public utilities, sustainable development, and economic welfare. This paper aims to empirically investigate the structure of water demand in residential, industrial, and tourism sectors in Tunisia by using...

Ce papier s'efforce, sous le signe du courant managerialiste de l'agence, de montrer si les formules d'intéressement managériales sont propices à des pratiques de gestion des résultats. Il aborde également les déterminants institutionnels de telles pratiques relativement aux modèles...

The objective of the paper is to develop deeper insight into how the firm¡¯s incentive systems are designed and, whether the CEOs compensation pay-to-performance schemes really align the incentives of executives and shareholders. Logit and Stepwise regressions on executive compensation data of...

This paper focuses on the pay level of the highest paid executive directors, which we label as “Executive Director’s Organizational Level” (henceforth EDOL), to raise the question if highest paid CEOs invest heavily in innovative projects. Two-stage least squares (2SLS) regressions show...

This study examines the short-run and long-run dynamics binding energy consumption to GDP using a structural vector error correction (SVECM) model during the period 1971-2009. In addition, a comparative study between Tunisia,the USA and Sweden is conducted. Results spread over two axes....

This paper studies the dynamic effect of oil rents on the industrial added value in a sample of countries with different development levels. Using a structural vector autoregressive (SVAR) model, we tested the effect of a real shock and a nominal shock on the variables of the model. The main...

Liberals and libertarians believe that justice is deeply embodied in liberalism. The famous physiocratic maxim "let them do business, let people and goods move: the world works by itself" relegated to second place some virtues such as justice and equity by considering them as mechanical outputs...

This paper shows through a Monte Carlo analysis the effect of neglecting seasonal deterministics on the seasonal KPSS test. We found that the test is most of the time heavily oversized and not convergent in this case. In addition, Bartlett-type non-parametric correction of error variances did...

The main objective of our study is to provide some answers to the following questions: What are the determinants of the expertise of the internet for the Tunisian teenager? What is the degree of influence of teenager, who is assumed an expert of the internet, in the process of family...

Although economic growth is considered one of topics the most discussed and studied by economists, some questions are hitherto unexplored. In this article we will try to address one of these issues by studying the effect of growth shocks of hegemonic countries on the growth of peripheral...