To survive in the ceaseless cycle of competition, businesses have developed strategies to become sustainable. These strategies include reusing products, which can lead not only to the creation of economic benefits but also to improvements in a corporation’s social and environmental responsibility. Product reuse can also increase the profit earned on new products by compensating customers who br...

In most gravity model applications, general equilibrium effects are disregarded altogether or ”controlled for” by country or country-time fixed effects, and the parameter estimates on observable trade cost variables are falsely interpreted as reduced-form marginal effects rather than only direct effects of such variables on trade. This paper proposes an empirical approach which employs panel da...

There has been a recent resurgence of interest in the relationship between income inequality and growth. We use the WIDER/UNDP World Income Inequality Database to investigate the effects of inequality and trade liberalisation on growth in a sample of exclusively developing countries. Cross-section (long-run) and panel (short run) techniques are used to test for the effect of inequality on growt...

Trade openness plays a vital role in boosting the production of manufacturing sector. Two opposing perspectives identify trade-growth nexus. One posits that trade will stifle industrial productivity while view believes can be enhanced by liberalization regime. This study investigates instantaneous and jointly dynamic effect along with macroeconomic variables (i.e., Malaysian exchange rate avera...

Global plant trait studies have revealed fundamental trade-offs in plant resource economics. We evaluated such trait trade-offs during secondary succession in two species-rich tropical ecosystems that contrast in precipitation: dry deciduous and wet evergreen forests of Mexico. Species turnover with succession in dry forest largely relates to increasing water availability and in wet forest to d...

In this paper we suggest a methodology to formulate a dynamic regression with variables observed at different time intervals. This methodology is applicable if the explanatory variables are observed more frequently than the dependent variable. We demonstrate this procedure by developing a forecasting model for Singapore’s quarterly GDP based on monthly external trade. Apart from forecasts, the ...