Abbreviation: J. Econ. Int. Finance
Start Year: 2009
Page 1 of 14, showing 20 records out of 265 total, starting on record 1, ending on 20
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.
DOI: 10.5897/JEIF2016.0750[Article Number: 797C3B058656]
Micro-hydro plants (MHPs) have been identified as a proven and promising opportunity to alleviate energy poverty in rural areas of Sub-Saharan Africa. However, the absence of “lowest-cost, long-term financing models” is found to be one of the major barriers to wide-spread adoption of this technology in the region. This paper presents a review of the factors underlying this absence and using the van Egmond... Read more.
DOI: 10.5897/JEIF2015.0711[Article Number: E5BA4C357479]
Savings as a tool for domestic capital accumulation in developing countries has come under serious consideration in economic and financial development. However, savings in Ghana is characterized by very low tendencies, irregular trend and unenthusiastic attitudes of citizens towards it at the micro and macro levels. This study examined the effect of economic factors, election spending and health financing scheme on... Read more.
DOI: 10.5897/JEIF2015.0729[Article Number: 769485857153]
Since 2000, large numbers of water reuse systems have been constructed to solve the water scarcity in Beijing. However, the operations of these systems are not well as expected. The paper will conduct an analysis of economic and social impacts of water reuse systems in Beijing. The aim is to find out whether the systems have positive economic and social impacts or not. If the systems bring negative economic and social... Read more.
DOI: 10.5897/JEIF2015.0708[Article Number: 304DDD255745]
This paper empirically examines the relationship among saving, investment and economic growth in Lesotho for the period 1970 to 2012, with a view to contributing to the body of literature on this topic and informing economic policy design in Lesotho. Using autoregressive distributed lag (ARDL) bounds testing approach to cointegration and vector error correction model (VECM) based Granger causality test; the paper finds... Read more.
DOI: 10.5897/JEIF2015.0671[Article Number: 0E3C49055385]
This study used extreme value theory to establish if the volatility witnessed in the exchange rate of the Kenya Shilling against the U.S. dollar in the period 1999 to 2013 could have been predicted and also determine if the long-term stability in the exchange rate was violated in the period. The peak over threshold model is applied to the tail of the volatility process of exchange rate returns of the Kenya Shilling... Read more.
Page 1 of 14, showing 20 records out of 265 total, starting on record 1, ending on 20