This article examines the loss in “metered” aggregate income that could occur if Malaysia surrendered the lumber value of its tropical forest resources to nonlumber uses. We estimate these losses under a variety of assumptions about what “business as usual” and “conservation” might entail. We also consider the sensitivity of income losses to variations in our model’s parameter values and to som...

Generally, international flows of capital and foreign direct investment attraction are challengeable issues in the literature of economic growth and development in emerging market countries. However, the fluctuations in foreign direct investment, including sudden flood and stop, will affect emerging markets' output and macroeconomic variables. Using an econometric model with unbalanced panel da...

â â â  given companies’ dynamic responses to expected exchange rate changes, this article improves on current methods of measuring exposure to foreign exchange rate changes by breaking down the spot exchange rate changes into expected changes and unexpected changes. the currency risk exposure coefficients resulting from an empirical analysis of shanghai stock exchange a share listed companies...

Abstract The study examines the growth effects of foreign direct investment on environmental quality in Nigeria between 1970 and 2013. Variables like per capita income, environmental degradation, foreign direct investment, human capital, inflation, trade openness, interest rate, and the interaction term between foreign direct investment and carbon emission were employed in the study. A long r...

 Given companies’ dynamic responses to expected exchange rate changes, this article improves on current methods of measuring exposure to foreign exchange rate changes by breaking down the spot exchange rate changes into expected changes and unexpected changes. The currency risk exposure coefficients resulting from an empirical analysis of Shanghai Stock Exchange A share listed companies on wh...

This study investigates the effects of  macroeconomic variables and their role in development of foreign exchange market. The foreign exchange market is the mechanism by which a person of firm transfers purchasing power form one country to another, obtains or provides credit for international trade transactions, and minimizes exposure to foreign exchange risk. The foreign exchange transaction i...

This paper studies the role of the host country’s market size in the determination of foreign direct investment (FDI) and trade flows in a general equilibrium model. We propose a simple model with non-homothetic consumer behavior where the distribution of income in the host country implies market segmentation. Facing a proximity-concentration trade-off, in equilibrium ex-ante identical firms ch...