Value or Growth Strategy? Empirical Evidence in Brazil

Climate change effects on economic growth: mixed empirical evidence

West Africa is vulnerable to the effects of climate change. This paper analyzed the impacts of climate change on economic growth in Anglophone West Africa with similar background, during the periods 1969-2016. Five growth model equations have been developed to incorporate climate change variables into the model. Panel data estimations such as the fixed effect model, random effect model and Haus...

Empirical Evidence on the Value of Pharmaceuticals

The relative value of empirical evidence.

Arguments between adherents of different therapeutic models are often based on the assumption that empirical evidence is ultimately the judge of the merits of the respective approaches. The gathering of empirical evidence, however, is programmed by epistemological premises that in turn are not tested by "objective" demonstration but rather by their congruence with prevailing sociocultural value...

Impact of Buyback of Shares on Firm Value: An Empirical Evidence from India

The present study examines the impact of capital employed in buyback of shares on firm value for 180 firms listed in the Bombay Stock Exchange of India. The issue of buyback of shares in the period from 2006 to 2016 was examined. The firm value is measured by a proxy, enterprise value, as a substitute of share price. The results suggest that the firm value differs from pre and post buyback of s...

Sherwood’s Plot: Fundamental or Empirical?

There are several examples of heuristic rules first proposed from empirical observation, which eventually earned physicochemical validity after the fundamental derivation of a posteriori. This may be the case of Sherwood’s plot – for which a sound rationalization from first principles, entailing enthalpy and mass balances, is provided here; it applies to (fine) chemicals undergoing concentr...