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estimated effects strongly depends on the choice of the variables. Furthermore, an investigation of a recursive estimation …
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The present paper examine the nexus between road traffic accident (RTA) and some relevant variables in Saudi Arabia over the period 1971-2012, using the autoregressive distributed lag ARDL model (Pesaran and Shin, 1999) for co-integration in Saudi Arabia, with the co-integration test. Results...
Persistent link: https://www.econbiz.de/10014156511
Conventional monetary theory suggests that a closed system banking regime may lead to in-concert overexpansions of circulation by its banks. However, Selgin (2001, 2010) argues that this is unlikely as long as there are enough banks to ensure (i) routine interbank settlement and (ii) no...
Persistent link: https://www.econbiz.de/10013094133
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Studies on corporate social responsibility (CSR) across the world mainly focus on the impact of CSR on a firm’s financial performance. However, there are hardly enough empirical evidences on the firm’s financial determinants of CSR expenditure. Therefore working with panel data from...
Persistent link: https://www.econbiz.de/10009755506
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The influx of shipping receipts from the world's leading fleet has been critical for the development of the Greek economy. Following the disastrous September of 2008, the range and speed of the shift in direction of the freight rates, combined with the general economic and credit climate, have...
Persistent link: https://www.econbiz.de/10011442823
The aim of this study was to examine the extent to which crime affects the components of aggregate demand and vice versa for the case of Mexico, using quarterly data for the number of homicides and the components of aggregate demand for the period from 1990 to 2010. We estimated a Vector Error...
Persistent link: https://www.econbiz.de/10013024623
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