Journal of Economic Studies: Volume 43 Issue 1

Financial integration via panel cointegration approaches in ASEAN+5

Najla Shafighi, Abu Hassan Shaari, Behrooz Gharleghi, Tamat Sarmidi, Khairuddin Omar

The purpose of this paper is to identify whether any financial integration exists among ASEAN+5 members and some East Asian countries, including China, Japan, Korea, Hong Kong…

Financial integration, global liquidity and global macroeconomic linkages

Ansgar Belke, Jonas Keil

– The purpose of this paper is to analyse the effect of financial integration on several macroeconomic variables from a global perspective.

On the relationship between implied volatility index and equity index returns

Imlak Shaikh, Puja Padhi

The purpose of this paper is to analyze the asymmetric contemporaneous relationship between implied volatility index (India VIX) and Equity Index (S & P CNX Nifty Index)…

Can Black Africa afford to be Green Africa?

Gregory N. Price, Juliet U. Elu

The purpose of this paper is to use a neoclassical factor pricing approach to carbon emissions, and consider whether the productivity of carbon emissions differs in Sub-Saharan…

Estimating nutrition-income elasticities in sub-Saharan Africa: implications on health

Kolawole Ogundari, Shoichi Ito, Victor O Okoruwa

– The purpose of this paper is to examine how the intakes of calories, proteins, and fats vary with income in sub-Saharan Africa (SSA).

Trade openness and structural vulnerability in developing countries

Sena Kimm Gnangnon

The purpose of this paper is to investigate how trade openness affects the structural vulnerability of developing countries. The analysis is conducted on both the entire sample of…

Internal and external determinants of banks’ profitability: The Portuguese case

Maria Teresa Medeiros Garcia, João Pedro Silva Martins Guerreiro

– The purpose of this paper is to analyze the profitability of 27 universal banks in Portugal over the period from 2002 to 2011.

The dynamic response of the rand real exchange rate to fundamental shocks

Mehmet Balcilar, Rangan Gupta, Charl Jooste

The authors analyse the relationship between the South African real exchange rate and economic fundamentals – demand, supply and nominal shocks. The paper aims to discuss these…

The economic consequences of crime in Italy

Oliviero A. Carboni, Claudio Detotto

The purpose of this paper is to employ provincial data to study the relationship between several crime typologies, namely murder, robbery, extortion and fraud and economic output…

The role of lifelong learning on political stability and non violence: evidence from Africa

Simplice A. Asongu, Jacinta C. Nwachukwu

Education as a weapon in the fight against conflict and violence remains widely debated in policy and academic circles. Against the background of growing political instability in…