Abbreviation: J. Econ. Int. Finance
Start Year: 2009
Page 1 of 14, showing 20 records out of 270 total, starting on record 1, ending on 20
DOI: 10.5897/JEIF2017.0846[Article Number: 10A08C464822]
There seem to be inconclusive results regarding the interactions between bank efficiency, default risk and bank capital. This study tries to assess the dynamic interactions between efficiency estimates, default risk and bank capital in the Ghanaian banking industry, using bank specific panel data for 20 Ghanaian banks from 2007 to 2015. We employ panel vector autoregressive models (VAR) models which are estimated using... Read more.
DOI: 10.5897/JEIF2017.0847[Article Number: 0E68ED864824]
This paper examines the relationship among capital flight, domestic investment and economic growth in the small resource based economy of Trinidad and Tobago. The study utilized capital flight estimates from previous work. A Vector Error Correction Model (VECM) combing short run and long run analysis is presented. The results confirm the a priori expectation that the financial haemorrhage of capital flight is a... Read more.
DOI: 10.5897/JEIF2017.0828[Article Number: 1BBBD4464406]
Within the last decade, the Kingdom of Saudi Arabia (KSA) achieved a high economic rate of growth of about 5.5% per year. Consequently, the number of immigrants grew rapidly reaching 9 million, which resulted in an increase in worker remittances out of the Kingdom. Since then, the KSA has become one of the first countries of the world in terms of remittances outflows and coming third worldwide after the USA and Russia... Read more.
DOI: 10.5897/JEIF2017.0835[Article Number: 280C7C063723]
Adopting the descriptive approach, this study examined the performance of 2013 capital budget in Nigeria in line with attainment of the transformation agenda in the country. The findings suggest that the level of capital budget implementation is insufficient to foster the desired development. This poor performance is attributable to inadequacy in the budget implementation plans, non-release or late release of budgeted... Read more.
DOI: 10.5897/JEIF2017.0832[Article Number: AAC4EA663588]
The pursuit of high and sustained economic growth is one of the major concerns of States, especially those in the process of developing their economic development. Thus, in the pursuit of economic growth, several studies have often been conducted on a number of macroeconomic policies for the determination of sources of growth. The objective of this paper is to evaluate the impact of exports on the growth of the Togolese... Read more.
DOI: 10.5897/JEIF2016.0805[Article Number: 53B522262661]
Increased competition and globalization have made it imperative for banks to achieve high efficiency in order to generate required returns. This paper investigates the relationship between bank efficiency estimates, derived from both Stochastic Frontier Approach (SFA) and Data Envelopment Analysis (DEA) and share prices of banks listed on the Ghana stock exchange. The results give an indication that changes in cost and... Read more.
DOI: 10.5897/JEIF2016.0808[Article Number: 6A2935762437]
This study aims to analyze the relationship between changes in the real effective exchange rate and economic growth in Côte d'Ivoire. The autoregressive distributed lag (ARDL) approach and the Toda-Yamamoto causality test were used. The data cover the period 1980 to 2012. The results conclude the existence of a long-term relationship between economic growth and variation in the real effective exchange rate and... Read more.
DOI: 10.5897/JEIF2016.0801[Article Number: BC39C6A61873]
Cameroon is among the African countries aspiring to become an emerging economy by the year 2035. Therefore, projecting into the future by policy makers in order to know the right course of action is imperative. The objective of this study is to identify a good forecasting model that can predict Cameroon’s future economic growth rate and to ascertain whether policy makers could maintain a steady and sustainable... Read more.
DOI: 10.5897/JEIF2016.0796[Article Number: 1B1304561875]
Nigeria as one of the oil producing and resource rich nations in sub-Sahara Africa, with her considerable contribution to the world total oil output still maintained high level of poverty among her teeming population. The present development in the oil industry has demanded for an empirical investigation into why despite the endowed petroleum resources, the Nigeria’s poverty level has not positively improved. The... Read more.
DOI: 10.5897/JEIF2016.0798[Article Number: B6382B261356]
Entrepreneurship and new business creation drive economic growth and employment generation. In this study we have developed a new way to evaluate entrepreneurial intention by looking at the respondents’ opinion towards entrepreneurs and their own self-reported abilities. We have coined this methodology as the entrepreneurial distance. This study is based in an international sample of 264 respondents gathered... Read more.
DOI: 10.5897/JEIF2016.0786[Article Number: 489842F61358]
The purpose of this study is to determine the effects of the major macroeconomic indicators on U.S. current account deficit. Using the quarterly data from January 1973 to April 2013, this study attempts to examine whether those factors are truly the cause of massive current account deficit in the United States. We have considered a range of variables such as inflation rate, interest rate, exchange rate, and the gross... Read more.
DOI: 10.5897/JEIF2015.0715[Article Number: 4A0F08C61306]
The main purpose of this paper is to examine the main role of liquidity in stock pricing on African emerging stock markets. The study applies portfolios panel data analysis to modify and adapt the existing estimation process. Using three different procedures, six portfolios have been constructed base on the 32 most active stocks on the so called BRVM; the measures of liquidity considered are the turnover and the... Read more.
DOI: 10.5897/JEIF2015.0684[Article Number: C98BF4059876]
Based on simulations of implied values for credit worthiness over a period of 5 years for 1000 consumers, the study shows robustness of the Semi-Markovian models in forecasting Probabilities of Default and Loss Given Default for a portfolio of consumer loans. The study models credit risk as a reliability problem on the basis of which we generate credit risk indicators and quantify prospective capital holding based on... Read more.
DOI: 10.5897/JEIF2016.0743[Article Number: C1AE2FD59878]
This article seeks to fill the gap of severe data limitations on the link between macroeconomic variables and stock market performance. A panel data of 41 emerging countries for the period 1996 to 2011 was used to estimate the results. The model used by Sangmi and Mubasher (2013) was adopted and modified to determine the effect of macroeconomic variables on stock market capitalization. The four techniques to investigate... Read more.
DOI: 10.5897/JEIF2015.0693[Article Number: BE47BF159242]
Economic policies in every nation strive to attain basic macroeconomic goals, one of which is poverty reduction. The paper examines empirically whether or not financial deepening has played a significant role in poverty alleviation effort in Nigeria for the period 1990 to 2013. Utilizing both quantitative and descriptive analyses, the paper estimated three models in which poverty rates for the rural areas, urban areas... Read more.
DOI: 10.5897/JEIF2016.0759[Article Number: 377B3FB59244]
In spite of the reforms undertook during the 1980s and 1990s in favour of financial deepening, the spread between the lending rate and the deposit rate is still high in the member countries of the Central African Economic and Monetary Community (CAEMC). Thus, the aim of this study is to investigate the determinants of banking spread in those countries. In that vein, the study employs two-step regression proposed by Ho... Read more.
DOI: 10.5897/JEIF2016.0754[Article Number: 89A1BF859246]
The purpose of this paper is to investigate empirical evidence on capital structure determinants in Nigeria. This research has been performed using a sample of 50 companies listed on the Nigeria Stock Exchange from 2001 to 2010. The relationship between the short-term and long-term debt and four explanatory variables were observed. The results of the cross-sectional OLS regression revealed that the static trade-off... Read more.
DOI: 10.5897/JEIF2016.0770[Article Number: 767CF8359248]
For the proponents of the “greasing the wheel” position, in the context of market imperfections, corruption helps in alleviating distortions in the credit market, facilitates access to bank credit and promotes the financing of the economy. The aim of this paper was to interrogate the impact of corruption on bank lending behavior in CEMAC countries, not only ranked among the most corrupt economies in the... Read more.
DOI: 10.5897/JEIF2015.0675[Article Number: 10076DE59098]
This study aims to investigate the relationship between corruption and growth in the context of the Arab world. By controlling the different variables that affect growth, the study tries to focus on how corruption could have affected growth and in which way. The literature leans towards corruption having a negative impact on growth and development, however such view is not pervasive as there are some arguments... Read more.
DOI: 10.5897/JEIF2016.0758[Article Number: BF0909258833]
The objective of this study is to measure the productive efficiency of the external debt of the Togo economy. To do this, the technique of stochastic production frontier used by Drine and Nabi was used to assess the contribution of different factors, especially external debt to the productivity performance over the period from 1980 to 2012. The study results confirm the non-linear effect of external indebtedness on... Read more.
Page 1 of 14, showing 20 records out of 270 total, starting on record 1, ending on 20