Research ArticleOpen accessIn the abstractEstimation under Multicollinearity: A Comparative Approach Using Monte Carlo MethodsD. A. Agunbiade, J. O. IyaniwuraProblem statement: A comparative investigation was done experimentally for 6 different Estimation Techniques of a just-identified simultaneous three-equation econometric model with three multi-collinear exogenous variables. Approach: The aim is to explore in depth the effects of the problems of multicollinearity and examine the sensitivity of findings to increasing sample sizes and increasing number of replications using the mean and total … …Journal of Mathematics and Statistics, Vol. 6, Issue 2 · 30 Jun 2010 · 7,531 accessesView PDFCite
Research ArticleOpen accessIn the abstractTechnical Efficiency of Chili ProductionA. S.M. Anwarul Huq, Fatimah Mohamed ArshadProblem statement: Scarcity of resources has led to production economists to think about the reallocation of existing resources to produce a prescribed level of output with the minimum cost without changing the production technology. But there is a lack of information about the efficient use of inputs in chili production. Except for a few descriptive studies, econometric analysis has yet … …American Journal of Applied Sciences, Vol. 7, Issue 2 · 28 Feb 2010 · 8,596 accessesView PDFCite
Research ArticleOpen accessIn the abstractRegionalism and Its Effects on Iranian Agricultural Exports: The Case of Economic Cooperation OrganizationMandana Toosi, Reza Moghaddasi, Saeed Yazdani, Majid AhmadianProblem statement: World economy has become increasingly integrated. There is an underlying assumption that integration into the world economy provides more opportunities for trade. The evidence shows that integration at the regional levels can help developing countries to prepare for the international economic integration. It will be important to outline and analyze past efforts at regional integration (regionalism) to have … …American Journal of Applied Sciences, Vol. 6, Issue 7 · 31 Jul 2009 · 6,926 accessesView PDFCite
Research ArticleOpen accessIn the abstractDeterminants of Non-farm Income Diversification in Developed Villages of BangladeshMohammad Abdul Malek, Koichi UsamiProblem statement: Though the Non-Farm Sector (NFS) has been prioritized in the national policy documents, empirical evidences based on the broader definition of the sector seem to be insufficient about its role both in income diversification and income distribution especially in segmented area of rural Bangladesh. Approach: We use income inequality Gini decomposition method for exploring the role of Non-Farm … …American Journal of Economics and Business Administration, Vol. 1, Issue 2 · 30 Jun 2009 · 8,356 accessesView PDFCite
Research ArticleOpen accessIn the abstractCausal Relationships between Financial Development, Trade Openness and Economic Growth: The Case of TurkeyFatih YucelProblem statement: The main objective of this study was to examine the causality relations between financial development, trade openness and economic growth (GDP) for the Turkish economy. Approach: In time series context, recently developed econometric techniques were used: namely the Augmented Dickey-Fuller (ADF) for unit root, Johansen and Juselius (JJ) for cointegration and Granger causality test for causal relationships. Results: … …Journal of Social Sciences, Vol. 5, Issue 1 · 31 Mar 2009 · 9,048 accessesView PDFCite
Research ArticleOpen accessIn the abstractPolitical Stability and Balance of Payment: An Empirical Study in AsiaArfan Ali, Tan Shukui, Santhirasegaram Selvarathnam et al.This study analyze that influences of political stability on balance of payment and relative importance of political stability and economic freedom for healthy of balance of payment and exchange rate stability. Political stability has an important role in determination of healthy of balance of payment than economic freedom. This study focus on selected 10 Asian countries of various income levels … …American Journal of Applied Sciences, Vol. 5, Issue 9 · 30 Sep 2008 · 7,405 accessesView PDFCite
Research ArticleOpen accessIn the abstractSociopolitical Instability and Capital Accumulation in Developing Countries: Cross Country pooled data EvidenceAbdul Haque, Selvarathinam Santhirasegaram, Muhammad YounisThis study shows that sociopolitical conflicts measured by peace building capacity in developing countries affect physical and human capital accumulation in selected 70 developing countries from all regions of the world during 2000-2004 by using econometric models. We conclude that sociopolitical instability negatively and significantly effect both physical and human capital accumulation in selected countries. Sociopolitical stability in developing countries … …Journal of Social Sciences, Vol. 3, Issue 4 · 31 Dec 2007 · 7,871 accessesView PDFCite
Research ArticleOpen accessIn the abstractSociopolitical Instability and Economic Growth Empirical Evidence from Sri LankaChangsheng Xu, Santhirasegaram Selvarathinam, Wen Xing LiSociopolitical instability severely affects economic growth in short and long run. This study analyzes that sociopolitical instability measured by proxy measure; annual growth rate of tourist arrivals in Sri Lanka during 1960-2005 adversely affects economic growth. Our empirical findings based on ordinary lease square econometric estimation, show that sociopolitical instability negatively and significantly affect economic growth. Reduction of economic growth … …American Journal of Applied Sciences, Vol. 4, Issue 12 · 31 Dec 2007 · 6,879 accessesView PDFCite
Research ArticleOpen accessIn the abstractEmpirical Analysis: Business Cycles and Inward FDI in ChinaQiyun Fang, Yao LiuIt is well-known that the current speeding-up of globalization has been, on one hand, spreading macro economic effects around the world, while, on the other, fueling firms' activities of crossing national borders. Then, are there any links between these two influences? In this paper, we chose China as our subject, to try to clarify it. A set of models for … …American Journal of Applied Sciences, Vol. 4, Issue 10 · 31 Oct 2007 · 6,834 accessesView PDFCite
Research ArticleOpen accessIn the abstractThe Determinants of Deprivation in Jordan: Empirical StudyMohammed Issa ShahateetThe objective of this study was to determine and explain the factors that affect deprivation in Jordan. To do so, this study constructs and tests a model that determines the factors, which affect deprivation. It employs an econometric analysis to examine the relationship between some main socioeconomic variables and the status of deprivation in Jordan. It looks at how changes … …Journal of Social Sciences, Vol. 3, Issue 1 · 31 Mar 2007 · 7,594 accessesView PDFCite