Research ArticleOpen accessIn the keywordsA Random Walk Model for Stock Market PricesS. O.N. Agwuegbo, A. P. Adewole, A. N. MaduegbunaProblem statement: The stock exchange market has been one of the most popular investments in the recent past due to its high returns. The market has become an integral part of the global economy to the extent that any fluctuation in this market influences personal and corporate financial lives and the economic health of a country. The daily behavior of … …Journal of Mathematics and Statistics, Vol. 6, Issue 3 · 30 Sep 2010 · 8,678 accessesView PDFCite
Research ArticleOpen accessIn the keywordsAdults' Demand for the Internet use in the USA: An Empirical ApproachIsmail H. Genc, Hasan Sahin, Robert W. StoneAcademic literature regarding the factors influencing Internet use is presented. Based on this literature, a theoretical model of the demand for the use of the Internet is developed. The estimation of the demand for Internet use in the U.S. is performed using logit and probit. The model includes explanatory variables such as gender, race, income, age, educational level, marital status, … …Journal of Mathematics and Statistics, Vol. 2, Issue 1 · 31 Mar 2006 · 6,853 accessesView PDFCite
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 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 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