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There are various studies on the role of institutional and non-institutional factors in developing the level and nature (or types) of entrepreneurship. In these studies, there have been no attention to the causal relationship between these variables, and the direction of the causality are...
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Purpose – This paper investigates the twin deficit hypothesis for Ghana in view of the persistent co-movement between the budget deficit (BD) and current account deficit (CAD) over the past three decades. Design/methodology/approach – The paper uses annual data for the period 1980-2014 and...
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The main objective of the research is to examine the dynamic relationship between energy consumption, CO2 emissions and economic output in ASEAN for the period 1971-2015 using cointegration and causality models. The empirical results from the models suggest that there is a long-run relationship...
Persistent link: https://www.econbiz.de/10012177640
This paper aims at contributing to the international portfolio investment decisions among the emerging BRICS countries where individual and institutional investors seek diversification benefits and to help in advocating policy changes and implementation as a response to the changing dynamics in...
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