This paper provides new evidence on the long-run relationship between exports and imports of the Iranian economy by employing bounds test approach to level relationship. In Iran, there have been many unusual policy changes and/or external shocks to the economy which resulted in the occurrence of...

The purpose of this paper investigates the direction of causality between the monthly stock returns and the monthly net foreign investor flows, and the existence of feedback trading by foreign investors for the "blue chip" stocks of the Istanbul Stock Exchange (ISE), an emerging stock market....

Purpose - This paper aims to investigate the possible co-integration and the direction of causality between financial development, international trade and economic growth in India.Design/methodology/approach - Annual data covering the 1965-2004 period have been used to investigate co-integration...

Purpose - To analyze and compare service quality in the commercial banking sector of a small island economy - Cyprus - and to investigate the relationship between overall bank customer satisfaction in the Turkish- and Greek-speaking areas of Cyprus and positive word-of-mouth about their...

Purpose - To measure the size of underground economy and the amount of tax evasion in Cyprus by employing monetary and non-monetary approaches over the period 1960-2003 and to compare the Cyprus figures with some European experience existing in the literature.Design/methodology/approach - Annual...

North Cyprus, experiencing the disadvantages of being small, based its development on services sector. In recent years, higher education sector has developed rapidly and contributed to the growth of the economy significantly. In this study, using the 1990 input-output tables and the input-output...

Purpose of this paper:To analyze the impact of agricultural sector on the economy of North Cyprus, which suffers from political problems and drought over the years,Design/methodology/approach:Annual data covering 1975-2002 period has been used to find the direction of causality in Granger sense...

This study examines the oil price risk exposure of U.S. financial and non-financial industries over the period of January 1983 to March 2015. We include the oil price risk factor into the Fama and French five-factor asset pricing model and identify the structural breaks in the equity returns...

This study investigated the effects of terrorist attacks on the stock performance of tourism, travel, and leisure industries. The major tourist countries have been selected for this purpose. The novelty of this research is that not only it focuses on the relationship between terrorism and...

<title>Abstract</title>This paper investigates the relationship between inflation, economic growth and their respective uncertainties in Iran for the period of 1988-2008 by using quarterly data. We employ a Bivariate Generalized Autoregressive Conditional Heteroskedasticity-in-Mean (BGARCH-M) model to examine...