This paper aims to study the effect of currency depreciation on economic growth in Nigeria. The impetus for this study stems from the paradoxical observation that, although Nigeria cannot operate a fixed exchange rate system (currency devaluation) because of its low reserves. But can still...

This paper presents the first empirical test of coherence (i.e., consistency of policies within a framework), efficiency (i.e., ability of policies to meet their objectives), and independence (i.e., logical priority of objectives over policies) of the overall EU environmental policy system. To...

This paper proposes strategies to detect time reversibility in stationary stochastic processes by using the properties of mixed causal and noncausal models. It shows that they can also be used for non-stationary processes when the trend component is computed with the Hodrick-Prescott filter...

Corruption defined as the misuse of public power for personal gains is a forefront issue around the world, especially in developing countries. This paper mainly assumes that corruption has negative effects on government revenues both in the short-run and the long-run. In order to test this...

This paper presents a trend analysis of the Sustainable National Income (SNI) indicator for the Netherlands over the period 1990-2000. The SNI indicator, first proposed by Hueting, corrects net national income (NNI) for the costs to bring back environmental resource use to a 'sustainable' level....

Can green growth policies help protect the environment while keeping the industry growing and infrastructure expanding? This study applies Auto-Regressive Distributed Lag (ARDL) method on the 50-years' time series data, from 1967 to 2015, of Kitakyushu City, Japan, and found mixed evidence for...