Journal of Economic Studies: Volume 44 Issue 1

Doctoring the ball: The political economy of tax incentives for investment in the Dominican Republic

Christian Daude, Hamlet Gutierrez, Angel Melguizo

Tax incentives can be a useful tool to stimulate investment in developing countries. However, interest groups often are able to exert considerable influence in its management, if…

Contagion across exchange rates: New evidence on the role of information spillovers and eight major exchange rates

Nicholas Apergis, Christina Christou

The purpose of this paper is to investigate contagion across eight major exchange rates by providing more information on the role of information spillovers.

Determinants of the global financial crisis recovery: an empirical assessment

Minh Quang Dao

The purpose of this paper is to empirically assess the effect of the factors contributing to the recovery from this crisis in terms of national GDP growth among the G7, Asian7…

Military spending, armed conflict and economic growth in developing countries in the post-Cold War era

Nusrate Aziz, M. Niaz Asadullah

While the relationship between military expenditure and economic growth during the Cold War period is well-researched, relatively less is known on the issue for the post-Cold War…

Financial development – does it lessen poverty?

Abdul Rashid, Maurizio Intartaglia

The purpose of this paper is to empirically examine the impact of financial development on poverty reduction in developing countries. The paper also investigates whether financial…

Stock market development and income inequality

Athanasios Tsagkanos

The purpose of this paper, in contrast to other studies, is to examine an indirect relationship in terms of the effect of income inequality with stock market development in…

Exchange-rate volatility and Malaysian-Thai bilateral industry trade flows

Muhammad Aftab, Karim Bux Shah Syed, Naveed Akhter Katper

After the fall of fix exchange rate regime in early 1970s, the nexus between the exchange rate volatility and trade flows has been of a great interest to the policy makers and…

Relative institutional quality and FDI inflows in ASEAN countries

Tajul Ariffin Masron

Foreign direct investment (FDI) inflows into any country, especially ASEAN countries, is affected by any improvement in the institutional quality (IQ) of competitors such as…

Status-quo vs new strategy in intangibles

Elena Shakina, Angel Barajas, Petr Parshakov, Aleksei Chadov

This study explores company strategies for intangibles. The authors investigate whether it is reasonable for companies to intensify intangibles when the current strategy is not…

The influence of political regime vs political instability on real output: Evidence from the MENA region

Osama D. Sweidan

The purpose of this paper is to empirically compare and contrast the effect of the nature of the political regime vs the political instability (PI) on real output in a group of…