This paper investigates the impact of historical crude oil-price fluctuation on diverse economies. It employs the use of structural vector autoregressive (SVAR) and panel VAR methodologies as innovative paths of investigating oil-shock association. While evidence of linear and non-linear shock...

La respuesta que emerge de un análisis comparativo entre América Latina y Asia del Este a la pregunta de si la globalización ha cambiado los motores del crecimiento es, a pesar de las extraordinarias posibilidades de desarrollo abiertas por este proceso, un no cualificado: la inversión,...

Risk factors and systematic factor strategies are fast becoming an integral part of the global asset management landscape. In this report, we provide an introduction to, and critique of, the factor investing paradigm in a South African setting. We initially discuss the general factor...

Although it is a relative old concept, having ruts in the writings of the late „60s, globalization has become in current times a cliché, being used in many parts of the world and in many languages but not having a specific definition. Financial globalization is considered to be the core...

Cryptocurrencies have left the dark side of the finance universe and become an object of study for asset and portfolio management. Since they have a low liquidity compared to traditional assets, one needs to take into account liquidity issues when adding them to the same portfolio. We propose a...

The study investigated the dynamic interaction between savings, investment and economic growth in Nigeria within the period 1981 to 2014, using annual time series data obtained from the World Bank Development Indicator (WDI). The study employed the impulse response function (IRF) and the...

The study empirically examined the impact of governance on domestic investment in 16 African countries with a balanced panel data set, between the years 2002 and 2015. The study employed six unbundled governance indicators from the World Bank, World Governance Indicators and constructed three...

Modeling aggregate supply response of agriculture in developing economies may be effectively pursued both at micro and meso-levels in a profit maximizing framework, choice of technique and household decision theoretical system of neo-classical tradition. The system of equations consisting of...

The motives that firms have for investing in energy efficiency have been widely analysed in the literature. Particularly, there is a huge literature on barriers to energy efficiency investment and adoption. This paper reviews the econometric analyses carried out in this field. The main objective...

The scale of distribution network construction is huge and the differences in construction areas are significant. The accuracy of investment strategies would directly affect the effectiveness of upgrading distribution networks. In response to the current subjectivity and lack of precision in the...