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Corruption and Economic Growth: The Case of EMCCA
(Scientific Research, 2017-08)
This article analyzes the relationship between corruption and economic
growth in the countries of the Economic and Monetary Community of Central
Africa (EMCCA). To our knowledge, there are no works dealing with the
direct ...
Sovereign Marketing: A New Strategy of Marketing
(Scientific Research, 2017-08)
The importance of “sovereign” consumerism is well established in business
and marketing theory. It is a familiar business saying that the consumer is the
king of the market or market king, which is truer in theory rather ...
Bank Capitalisation and Stock Market Liquidity: Assessing the Evidence
(Scientific Research, 2017-10)
This paper provides both theoretical and empirical evidence for assessing the
relationship between bank capitalisation and stock market liquidity. It estimates
a bivariate VAR-GARCH (1.1) model to examine the linkage ...
The Sustainability of Japan’s Government Debt: A Review
(Scientific Research, 2017-10)
This paper reviews the literature on the sustainability of Japanese government
debt/deficit. First, we offer an overview of the approaches and the key findings
on the sustainability analysis. Second, we introduce the ...
Justification of the Coexistence of Formal and Informal Reciprocal Loans in Developing Countries
(Scientific Research, 2017-10)
This paper provides a new justification for the coexistence of formal and informal
reciprocal loans in developing countries. We develop an investment
model capable of comparing the financing costs of different financing ...
Implementability by a Canonical Indirect Mechanism of an Optimal Two-Dimensional Direct Mechanism
(Scientific Research, 2017-02)
The present paper investigates the multi-dimensional mechanism design in
which buyers have taste and budget as their private information. The paper
shows an easy proof of a two-dimensional optimal direct mechanism by ...
Human Dimensions Approach towards Integrating Sustainable Transportation and Urban Planning Policies: A Decision Support System (DSS) Based on Stated Preferences Data
(Scientific Research, 2017-06)
While a lot of progress has been made in Germany to reduce CO2 emissions in
the past years in almost all sectors of economy, however, the sector of transportation
shows increasing CO2 emissions in the same period of time. ...
Effect of Financial Development on the Transmission of Monetary Policy
(Scientific Research, 2017-06)
This paper looks at the effect of financial development on output and bank
liquidity by doing a cross-country analysis of 119 countries across 18 years
from 1997-2014. We develop three hypotheses by combining multiple ...
Savings-Growth Nexus in Ghana: Cointegration and Causal Relationship Analyses
(Scientific Research, 2017-02)
The wide range of controversies surrounding the direction of causality between
savings and economic growth necessitated this study. The study was
intended to investigate the relationship between gross domestic savings ...
Revenue and Knowledge Cooperation Mechanisms between Business Incubators and Venture Capitalists for Collaborative Start-Ups
(Scientific Research, 2017-08)
Business incubators and venture capital are effective instruments for supporting
the development of new firms. The purpose of this paper is to explore cooperation
mechanisms between business incubators and venture ...