Journal of
Economics and International Finance

  • Abbreviation: J. Econ. Int. Finance
  • Language: English
  • ISSN: 2006-9812
  • DOI: 10.5897/JEIF
  • Start Year: 2009
  • Published Articles: 356

Table of Content: April 2011; 3(4)

April 2011

Dynamics of short selling: An empirical investigation

  We examine short selling activities on the New York Stock Exchange (NYSE) from July to October 2007, a period during which the uptick rule was permanently removed by theSecurities and Exchange Commission (SEC). Short sellers have a tendency to increase their trading following negative market returns and positive individual stock returns. Short sellers target stocks with positive returns and...

Author(s): Kevin M. Zhao and Ghassem A. Homaifar

April 2011

Recognition of good prediction of gold price between MLFF and GMDH neural network

  Studies show neural networks have better results in predicting of financial time series in comparison to any linear or non-linear functional form to model the price movement. Neural networks have the advantage of simulating the non-linear models when little a priori knowledge of the structure of problem domains exist or the number of immeasurable input variables are great and system has a chaotic...

Author(s): Vida Varahrami

April 2011

Technical efficiency of maize production in Oyo state

  Using a cross sectional data obtained through a multistage sampling technique this study estimates the technical efficiency of maize producing-farmers in Oyo State, Nigeria and further examined the factors that determines the differential in efficiency index. A multistage sampling technique was used to select 120 maize farmers in the study area. Data were collected and subjected to inferential statistics;...

Author(s): Oyewo, Isaac. O

April 2011

Macroeconomic factors and stock returns: Evidence from Taiwan

  Increasing attention is being paid to the relationship between share prices and the macroeconomic variables by both economists and finance specialists. In the present-day scenario, where there is an increasing integration of the financial markets and implementation of various stock market reforms, the activities in the stock markets and their relationships with the macro economy have assumed significant...

Author(s): Tarika Singh, Seema Mehta and M. S. Varsha

April 2011

Causality analysis among electricity consumption, consumer expenditure, gross domestic product (GDP) and foreign direct investment (FDI): Case study of Malaysia

  The current paper attempts to examine the causal relationship between electricity consumption (EC), consumer price index (CPI), gross domestic product (GDP) and foreign direct investment (FDI). Time series data were used for these variables for 1971 to 2009 period. The vector error correction model (VECM) was employed to estimate the causal relationship between electricity consumption with respective...

Author(s): Hussain Ali Bekhet and Nor Salwati bt Othman

April 2011

Analysis of fiscal deficits and interest rates in Nigeria

  This study investigates the effect of fiscal deficits on nominal interest rate in Nigeria. Cointegration techniques and structural analysis were adopted for the study. Empirical evidence emerges that the coefficient of fiscal deficit variable is positive and statistically significant. This indicates that the elasticity of fiscal deficit with respect to income is 0.114, an indication that large deficit causes...

Author(s): Vincent N. Ezeabasili and Joseph N. Mojekwu

April 2011

An integrated analytic hierarchy process- linear programming (AHP-LP) model for capital budgeting

  Capital budgeting is the planning process used to determine the best long-term investment options for an organization. Usually, projects compete for limited available capital and hence the problem is to find the best way of prioritizing the projects in accordance with the organization objectives and then allocating available capital in an optimal manner that will maximize profit. The commonly used methods are...

Author(s): Joseph, Innocent Gandpa, Oyatoye Emmanuel Olateju and Ike Ehie