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Ayokunle Olubunmi Olanipekun, Najimu Saka
The construction sector (CS) is an economic barometer that mirrors the state of the economy. Therefore, the construction sector is susceptible to economic impacts. This study investigated the impact of economic shocks (measured with the Gross Domestic Pr...
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Leseko Makhetha,Joel Rantaoleng
AbstractThis paper examines the long-run relationship among FDI, trade openness and growth in Lesotho for the period 1980-2011. The results show a long-run relationship between output, FDI and trade openness. The VAR Granger causality shows a unidirectio...
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Omolola Adeola,Meshach Aziakpono
AbstractThe need for external capital flows to developing countries to supplement domestic savings for investment and growth cannot be over-emphasised, especially in Africa, where there are high levels of poverty and low domestic capacity to save. To ach...
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Abdus Samad,Mohammad Ashraful Ferdous Chowdhury
Pág. 432 - 439
The critiques of the Islamic bank allege that the depositors? return and the return on loans of the Islamic bank is nothing but the interest rate of the conventional banks and they simply follow the conventional banks interest rate. This paper empiricall...
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Luigi Aldieri and Concetto Paolo Vinci
The objective of this paper is to analyze the effects of technology externalities stemming from different technological sectors for international firms engaged both in water pollution abatement and in dirty activities. We present a theoretical framework ...
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Zahra Naoar Masih
Pág. 169 - 177
Identifying the proper links toward stimulating economic growth has been a debate among economists for years. To analyse potential variables, this paper utilizes the Granger Causality Test between economic growth and defense spending. Unlike previous stu...
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Jauhari Dahalan,Mohammed Umar,Hussin Abdullah
Pág. 1665 - 1676
To evaluate the existence of possible over and under valuation of exchange rate for Malaysia, the study examines the nature of misalignment in the equilibrium real exchange rate and its systemic and structural changes in the fundamentals. We account for ...
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Gao Lu Zou and Kwong Wing Chau
Recent housing policies include measures for home purchase control and shanty town redevelopment. This study proposes sustainable pricing, in that the long-run equilibrium price is determined by the fundamentals of house prices. We argue that changes in ...
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Viviana Sarmiento Guzmán
Pág. 113 - 126
This paper presents empirical evidence on the relationship between public expenditure and economic growth, in Colombia for the period (1905- 2010) under the methodology know as times series, addressing two major approaches: endogeneity and exogeneity. Th...
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Eugenio Figueroa
Pág. pp. 5 - 32
Cross-country estimations of the Environmental Kuznets Curve (EKC) to empiricallyanalyze the relationship between income and pollution have generallyassumed a common structure for all countries. Since this latter feature is notsupported by economic theor...
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