The main aim of this paper is to know if infrastructures/technology and Foreign Direct Investment (FDI) can be consider like a cause of sub Saharan African export’s dependence against raw materials, and, for this purpose, we have assessed, in panel data, the effect of...

This paper empirically examines developments in price and inflation in China from 1991 to 2005. Unlike most previous studies, their determinants were investigated in the panel data context, and our findings are as follows. First, using the panel cointegration method, we confirm a long-run...

Financial liberalization in various forms affects economic growth and activity. While cross country and time series observations underline the benefits of financial liberalization on growth, recent regional studies try to deepen the observation by distinguishing economic growth and economic...

In credit default prediction models, the need to deal with time-varying covariates often arises. For instance, in the context of corporate default prediction a typical approach is to estimate a hazard model by regressing the hazard rate on time-varying covariates like balance sheet or stock...

This paper incorporates recent developments in the literature to quantify the amount of interprovincial risk-sharing in Canada. We find that 29% of shocks to gross provincial product are smoothed by capital markets, 27% are smoothed by the federal tax-transfer systems, and about 24% are smoothed...

The cleanup of the Mediterranean region constitutes one of the main chapters carried by the cooperation between both north and south banks within the framework of the Union for the Mediterranean (UfM). The subject of this paper is to study the relationship between CO2 emissions and economic...

This paper uses the generalized method of moments (GMM) estimation to a panel data error correction model (ECM) in order to measure the asymmetries in the transmission of shocks to input prices and exchange rate onto the wholesale and retail gasoline price respectively. For this purpose, we use...

This study considers the relationship between immigration and Portuguese tourism demand for the period 1995-2008, using a dynamic panel data approach. The findings indicate that Portuguese tourism increased significantly during the period in accordance with the values expected for a developed...

Youth voter registration is a worldwide phenomenon that exhibits a marked decline over the last two decades. On this basis, this article presents evidence regarding those factors that determine the voter registration of Chilean youth, in particular, the inhabitants of Bio Bio region. The...

Student achievement has been identified as important contributor to economic growth. This paper investigates the relationship between redistributive government activities and investment in human capital measured by student performance in international comparative tests in Mathematics and Science...