We study the export performance of firms from developing countries based on the resource based view (RBV) of a firm. Drawing on the extant literature review, we found firm size, research and development (R&D) expenditure, advertising expenditure and business group affiliation to be important...

This study attempts to explore the causal relationship between renewable and nonrenewable electricity consumption, output and carbon dioxide (CO2) emissions for 10 Middle East and North Africa (MENA) countries over the period of 1980–2009. The results from panel Fully Modified Ordinary Least...

The relationship between financial development and economic growth is not conclusive in existing economics literature. The aim of this paper is to test two hypotheses: ‘supply-leading’ hypothesis and ‘demand-following’ hypothesis, using Laos time series data. The ARDL bounds testing...

The aim of this paper is to study the degree of interdependence between oil price and stock market

This paper analyzes the time-varying integration of the Greek stock market from a regional

The current paper shows that CAC 40 index options (namely PXA) display some illiquidity problems. We examine daily data on PXA trades between May 2005 and August 2012. The study evidences the presence of a considerable number of outstanding PXA contracts: most of these options are long-term...

Over recent years, several emerging market regions have actively taken part in globalisation movements and world market integration. However, the financial integration processes appear to vary over time, and differ considerably from one region to another. This paper investigates intraregional...

Transmission of price shocks from one market to another one has long been investigated in the economic literature. However, studies have namely dealt with the relationship between financial and energy markets. With the recent changes in market conditions, investors, policy-makers and interest...

In a highly competitive context with low interest rates and a low level of trust in the institutions from the customer's perspective, the current advice is to profit from the change in this balance of power to negotiate or re-negotiate with banks that are desperate to find new and profitable...

This paper aims to investigate the relationship between Foreign Direct Investment (FDI) inflows and their determinants in six major countries in the South Asian Association for Regional Cooperation (SAARC) over the period from 1998 to 2010. Using panel data techniques, we account for the...