This study examined the impact of exchange rate volatility on the performance of manufacturing sector in Nigeria from 1981 to 2020 using ARCH/GARCH model and Autoregressive Distributed Lag Model (ARDL). The ARCH/GARCH model confirms that there is a high exchange rate volatility which was...

The Czech Republic has been a successful recipient of foreign direct investment over recent years. Therefore, it is important to understand the decisions made by foreign investors where to place their investments and how to decide about their location between alternative industries. The aim of...

Economic theories explain the economic growth affected by accumulation of production factors and increase in productivity and efficiency. Traditional growth theories focus on the first factor where in developing countries, and especially due to the low input of capital, serious problems arise in...

This study investigates the impact of the macroeconomic environment on South African industrial sector returns. Using standardized coefficients, we find that global influences are the most important drivers of returns and that industrial sectors are highly integrated with the global economy. We...

This article investigated the service sector linkages with agriculture and industrial sectors with the purpose of ascertaining if forward and backward causal-chain exists, and the direction of causation among these sectors. The study was prompted by obvious evidence that sectoral contributions...

The aggregate production function approach is one way to forecast future energy demand (a step in forecasting carbon dioxide emissions, for example) and to analyze the aggregate economic effects of measures such as the increase of taxes on energy use. The results of such an approach tend to...

In this paper, we evaluate the spatial location patterns of Spanish manufacturing firms and we assess the different tendencies to cluster in each industry relative to the whole of manufacturing. To do this, we use a distance-based method (Marcon and Puech, 2003; Duranton and Overman, 2005), more...

This paper examines whether patenting increases the private incentives to innovate in manufacturing. To study this issue, we build a model in which the value of an innovation depends both on the type of innovation implemented (product, process) and on the existence of a patent protection or not....

We study how air pollution affects firm dynamics: entry, exit, innovation, and (aggregate) productivity. Using an instrumental variable strategy, we find that air pollution significantly reduces entry and innovation and raises exit. Moreover, air pollution leaves firms with higher productivity...

We study how the extreme temperature affects firm dynamics in Chinese manufacturing sector, including entry, exit, and (aggregate) productivity. While existing literature mostly focus the effects of the extreme temperature on incumbent firms (intensive margin), we contribute the literature by...