This paper contributes to the empirical literature on Islamic finance by investigating the feature of Islamic and conventional banks in Gulf Cooperation Council (GCC) countries over the period 2003-2010. We use parametric and non-parametric classification models (Linear discriminant analysis,...

The objective of this paper is to study the oil prices-macroeconomy relationship by the analysis of the role of subsidy policy. The vector autoregression (VAR) method was employed to analyze the data over the period 1993 Q1 2007 Q3. The results of the model using both linear and non-linear...

The purpose of this research is to investigate the implications of policy uncertainty on sectoral GHG emissions in Saudi Arabia. The research performs a battery of advanced quantile-based methodologies, namely the quantile unit root test (QAR), causality-in-quantiles (CiQ) test, and the...

This paper uses the panel data of energy consumption, electricity, oil and economic activity for 20 countries from 1990 to 2010. The empirical results of this study are as follows: there is a long relationship between energy consumption and economic activity. The panel causality test results...