The aim of this paper is to assess the sign and magnitude of the nonlinear effects of main socio-economic variables as well as the financial development index(measured by private credit to GDP ratio) on the environmental pollution. Specifically, the interaction of the socio-economic variables with financial development as a threshold variable in affecting CO2 emission is studied. In this respec...

The objective of this paper is to analyse the influence monetary policy on credit supply in WAEMU zone over period 1996-2017. study focuses countries, except for Guinea-Bissau, due unavailability sufficient data. We apply Panel Smooth Transition Regression (PSTR) model Gonzalez et al. (2005). results reveal non-linearity link between and supply. There a threshold risk exposure 8.726% above whic...

The household energy consumption has been a hot field in the study of recent years. With increase residents’ income level and pushing urbanization, there is complex nonlinear relationship between price consumption. purpose this paper to investigate scenario effect per capita regional differences urbanization development on electricity sales urban To direction, based characteristics economic Chi...

We use a Panel Smooth Transition Regression model (PSTR) to investigate the nonlinear dynamic relationship between financial variables and REITs 1 of Japan and U.S with 3-month interest rate change as threshold variable. We discuss the relationship between explained variable of REITs return and explanatory variables (10 year bond interest rate, real estate return and stock return) within two re...

Purpose: This research aims to determine the correlation between financial integration and stability whether increasing leads increased stability. Theoretical framework: The study investigates effect of growing integrity on causal association two variables. Design/methodology/approach: uses an Autoregressive-Distributed Lag (ARDL) regression model with help least squares (OLS) evaluate relation...

Abstract Achieving economic growth, as one of the essential purposes in each country, needs appropriate tracing of government as one of the important and effective sections in that economy. Nowadays, unlike the 80s, economists concentrate on objectives such as explanation of the relationship between size of the government and economic growth and delineation of optimum size of the government w...

This paper tests empirically the Dutch disease macroeconomic dynamics in a set of oil exporting countries. Accordingly, this study was put forth to provide an assessment of the Dutch disease symptoms, by focusing on the link between macroeconomic instability indicators and economic growth. To this end, we assess the risk to real exchange rate, government spending and price stability from the oi...

There is evidence for mixed effects of corporate social responsibility (CSR) on financial performance. In particular, reported to be positive, negative, and insignificant. These controversies are generally explained by two opposing schools thought, which the impact hypothesis shift focus hypothesis. This paper attempts contribute ongoing debate investigating whether relationship between CSR fir...