T his paper investigates the impact of monetary policies on the exchange rate of selected developing countries during the period 2001-2010. For this purpose, in addition to the theoretical explanation, dynamic panel data based on the generalized method of moments (GMM) have been used to estimate the model. Our findings indicate that the lag of exchange rate variable has a positive and signific...

management of the forest resources and related activities has significant effects on the environment. applying the environmental impact assessment (eia) provides a basis for improving forest management plans. however, in the developing countries such as iran, there have been so far no serious endeavors and research to undertake the eia of the various practices affecting the forest resources, de...

The relationship between democracy and environment has always been controversial. Some scientists found that democracy had a positive impact on reducing environmental disruption. Other scholars claimed that democracy tends to accelerate environmental degradation. Ther are many studies focusing on main determinants of environmental degradation. More recently, democracy is considered to be one of...

abstracta number of economists argue that the capital expenditure has a positive impact and the current expenditure has negative impact on output while others believe that the government expenditure, regardless of being current or capital spending, has a negative impact on the economy. in this direction, this paper tries to investigate the impact of current and capital government expenditure on...

This study examines the impact of the Internet, firm-specific characteristics, market characteristics, and export marketing strategy on export marketing performance. The unit of analysis was an individual product/market export venture. Data were gathered via a self-administered mail survey of 315 Australian firms involved in exporting. The findings indicate that when the Internet was used for c...

This article argues that trade in services has a specific feature that does not apply to trade in goods. As the traded service is partly produced where it is consumed (i.e. in the importing country), we propose that it must use interactively inputs from both the exporting and importing countries. The modelling of the specificity of traded services is inspired from the O-ring production function...

Abstract I n this paper, we investigate the existence and the nature of real exchange rate misalignment in Organization of the Petroleum Exporting Countries (OPEC). To do this we estimated a cross country basic real exchange rate determination model for 1990-2012 and extracted historic trend of misalignment. The results imply that all OPEC countries have had misalignment -...