This paper aims at proving empirically the superiority of an explanation for recent financial crises in emerging countries which combines endogenous and exogenous factors rather than focusing only on one of these two kinds of factors. To this end, we built our empirical analysis on estimations...

This paper aims to provide a specification of the demand system for the agro-alimentary products of Tunisia. The difference between the market structure of these products will make us consider the estimation of three different demand systems: the mixed system, the classical system and the...

During the 90s emerging markets have been hit by recurrent exchange rate crises. Almost all these countries shared a common characteristic: they adopted in previous years soft pegs, the so-called intermediate exchange rate regimes. International institutions and academic economists interpreted...

This paper studies the choice of the exchange rate regime in emerging and developing countries. The literature on exchange rate regimes is often based either on theoretical models or on empirical analysis. Our paper presents a different perspective by developing a theoretical model which is...

The object of this article, applied to the case of Korean currency crisis of 1997-1998, is to identify the contagion through an empirical study of the investor anticipations dynamics which is freed from the pseudo explanation hiding place misery by ‘sunspot’. To this end, we develop a,...

This paper presents a methodological extension of Deaton's (1990) model for estimating price elasticities, by pooling Tunisian data from several surveys to improve the inter-cluster variability of unit values which is one of the key elements used in the derivation of these elasticities. Since...

We analyze in this article main determinants of technology dynamics in Tunisian manufacturing sectors. The data from the industrial survey provided by Ministry of Scientific Research, Technology and Competency Development (MSRTCD) for the period 2002-2004 is explored using regression trees and...

In this paper, we examine the pattern of spatial concentration of manufacturing industries observed in Tunisia and explore the factors driving firms. choices of location at the provincial level. We consider specialization and competition indicators as the