In this study, the ordered probit model with marginal effect was applied to examine the key elements that influence changes in the Gini levels. The empirical results indicated that export incentives and poverty have a positive impact on the Gini levels. Moreover, the marginal effect revealed...

Using the Exponentially Generalized AutoRegressive Conditional Heteroscedasticity-AutoRegressive Moving Average (EGARCH-ARMA) model, there are no differences in terms of the spillover of returns from volatilities and leverage effects between ethical and non-ethical Exchange Traded Funds (ETFs)...

This study deals with the emergence of different regional crises and the comparison of early warning indicators to check for the accuracy of pace of exits. It was found that trade factors and monetary conditions clearly play a pivotal role in affecting the probability of existing time to...

This paper provides evidence on the determinants of foreign direct investment (FDI) inflows from multinationals across the twenty-one host countries over the period 1980 to 1993. We examine the role that fiscal incentives and macroeconomic factors play in explaining FDI inflows. It is shown that...

The primary purpose of this study is to examine the impact of high-tech and non-high-tech mergers and acquisitions (M&A) on the credit rating changes in Taiwan. We utilized the ordered probit model with random effect for the empirical works. A variety of econometric tests were conducted using...

This study measured the impacts of the industrial characteristics and the fiscal incentives that influenced foreign direct investment. We used the fixed effect model with a 2SLS simultaneous equation for the period of rapid economic growth from 1980 to 1996 across nine industries is Taiwan. We...