194 real negative results, null findings, and replication failures in Economics, Econometrics and Finance · Negative / Null Result Report. Search the index →
WASTE indexes published research — it does not host or republish full papers. Each entry is a metadata record compiled from open scholarly databases; the abstract is shown in full only where the paper is openly licensed, otherwise a short excerpt under fair use. Classifications are automated and approximate.
Anna Cieślak, Annette Vissing‐Jørgensen · 2020 · Review of Financial Studies
Abstract Since the mid-1990s, negative stock returns comove with downgrades to the Fed’s growth expectations and predict policy accommodations. Textual analysis of FOMC documents reveals that policy makers pay attention to the stock…
View details →James H. Love, Stephen Roper, Priit Vahter · 2014 · Research Policy
Using a panel of Irish manufacturing plants over the period 1991–2008 we test for dynamic complementarities in the joint use of internal R&D and external knowledge sources. We find little evidence, either from considering successive cross-sectional waves of comparable surveys, or in terms of the strategy switch choices of specific plants, that there has been a systematic move towards the joint use of internal and external knowledge in innovation. We then test formally for the presence of complementarities in the joint use of internal R&D and external innovation linkages. In static terms we fin
View details →Eze Simpson Osuagwu, Eseoghene Olaifa · 2018 · PLoS ONE
The Niger Delta region is the oil producing area of Nigeria, which consists of highly diverse ecosystems that are supportive of numerous species of terrestrial and aquatic fauna and flora. Crude oil spills endanger fish hatcheries in coastal water and also contaminate valuable fish. This study examines the effects of oil spills on fish production in the Niger Delta of Nigeria from 1981-2015 using an estimable Cobb Douglas production function. The findings suggest that oil production and spills negatively affect fish production, while farm labour has a positive effect on fish production. On the
View details →Acel Jardón, O.J. Kuik, Richard S.J. Tol · 2017 · Atmósfera
En este trabajo se analiza la relacin emprica entre las emisiones de dixido de carbono (CO 2 ) per cpita y el crecimiento econmico en un panel de 20 pases de Amrica Latina y el Caribe durante el periodo 1971-2011. Dicha relacin emprica,…
View details →Roberta De Santis, Tatiana Cesaroni · 2016 · World Economy
Abstract Current account ( CA ) dispersion within European Union ( EU ) Member States has been increasing progressively since the 1990s. Interestingly, the persistent deficits in many peripheral countries have not been accompanied by a…
View details →Amy Finkelstein, James M. Poterba · 2014 · Journal of Risk & Insurance
Abstract This article tests for asymmetric information in the U.K. annuity market of the 1990s by trying to identify “unused observables,” attributes of individual insurance buyers that are correlated both with subsequent claims experience…
View details →Cosimo Magazzino · 2016 · Cogent Economics & Finance
This paper examines the relationship among real GDP, CO2 emissions, and energy use in the six Gulf Cooperation Council (GCC) countries. Using annual data for the years 1960–2013, stationarity, structural breaks, and cointegration tests have been conducted. The empirical evidence strongly supports the presence of unit roots. Cointegration tests reveal the existence of a clear long-run relationship only for Oman. Granger causality analysis shows that for three GCC countries (Kuwait, Oman, and Qatar) the predominance of the “growth hypothesis” emerges, since energy use drives the real GDP. Moreov
View details →Chipote Precious · 2014 · Mediterranean Journal of Social Sciences
This paper explores the role played by monetary policy in promoting economic growth in the South African economy over the period 2000-2010. The study employs the Augmented Dickey-Fuller and Phillips Perron unit root tests to test for…
View details →Duc Hong Vo, Anh The Vo · 2021 · Energy Sustainability and Society
Abstract The energy–environment–growth nexus has been examined for the Association of Southeast Asian Nations (ASEAN) region, mainly using time series data. However, the important role of renewable energy and population has largely been ignored in previous studies. As such, this study is conducted to investigate a causal link between renewable energy usage, population, carbon dioxide emissions, and economic growth. In addition, a relatively new and advanced panel vector autoregressive model and the Granger non-causality test for heterogeneous panels are utilized with a sample of seven ASEAN co
View details →Santiago Acosta Ormaechea, Jiae Yoo, SAcosta Ormaechea@imf.org et al. · 2012 · IMF Working Paper
We investigate the relation between changes in tax composition and long-run economic growth using a new dataset covering a broad cross-section of countries with different income levels. We specifically consider 69 countries with at least…
View details →Jean‐Frédéric Morin, Sikina Jinnah · 2018 · Environmental Politics
The regulatory contribution that preferential trade agreements (PTAs) make to global climate governance is assessed through an analysis of climate-related provisions found in 688 PTAs signed between 1947 and 2016. Provisions are analyzed…
View details →Ngô Thái Hưng · 2019 · Journal of Economics Finance and Administrative Science
Purpose This paper aims to study the daily returns and volatility spillover effects in common stock prices between China and four countries in Southeast Asia (Vietnam, Thailand, Singapore and Malaysia). Design/methodology/approach The analysis uses a vector autoregression with a bivariate GARCH-BEKK model to capture return linkage and volatility transmission spanning the period including the pre- and post-2008 Global Financial Crisis. Findings The main empirical result is that the volatility of the Chinese market has had a significant impact on the other markets in the data sample. For the sto
View details →Sebastian Karcher, David A. Steinberg · 2012 · International Studies Quarterly
Why do countries open their economies to global capital markets? A number of recent articles have found that two types of factors encourage politicians to liberalize their capital accounts: strong macroeconomic fundamentals and political…
View details →Ergün Doğan, Tuck Cheong Tang · 2011 · International Business & Economics Research Journal (IBER)
This study aims to determine the direction of causality between national income and government expenditures for Indonesia, Malaysia, Philippines, Singapore, and Thailand. Granger causality tests are used to investigate the causal links…
View details →Daniel Kwabena Twerefou, Frank Adusah‐Poku, William Bekoe · 2016 · Environmental & Socio-economic Studies
Abstract The Environmental Kuznets Curve (EKC) hypothesis postulates an inverted U-shaped relationship between different pollutants and economic growth. In Ghana, as in many other developing countries, there exist scanty studies that confirm or otherwise the EKC hypothesis with regards to CO 2 emissions as well as the factors that drive CO 2 emissions. This work aims to bridge this knowledge gap by addressing these two major questions using data from 1970 to 2010 and the Auto Regressive Distributed Lag (ARDL) Bounds Testing approach. The results rather suggest a U-shaped relationship between p
View details →John M. Griffin, Richard Lowery, Alessio Saretto · 2014 · Review of Financial Studies
Conventional wisdom suggests that high-reputation banks will generally produce good securities to maintain their long-run reputation. We show with a simple model that, when securities are complex a high-reputation bank may produce assets…
View details →Takeshi Ueno, Yasuko Asahina, Akio Tanaka et al. · 2013 · Clinical Pharmacology & Therapeutics
Although the number of global clinical trials (GCTs) conducted in multiple countries including Japan has increased recently, it is not clear how much these GCTs help in reducing the lag in drug development (LDD: difference between the…
View details →Manamba Epaphra · 2017 · Journal of Mathematical Finance
Policy makers need accurate forecasts about future values of exchange rates. This is due to the fact that exchange rate volatility is a useful measure of uncertainty about the economic environment of a country. This paper applies univariate nonlinear time series analysis to the daily (TZS/USD) exchange rate data spanning from January 4, 2009 to July 27, 2015 to examine the behavior of exchange rate in Tanzania. To capture the symmetry effect in exchange rate data, the paper applies both ARCH and GARCH models. Also, the paper employs exponential GARCH (EGARCH) model to capture the asymmetry in
View details →Salome Musau, Stephen Muathe, Lucy Wamugo · 2017 · International Journal of Financial Research
This paper provides an empirical analysis of the synergies and trade-offs between financial inclusion and credit risk of commercial banks in Kenya. The paper analyzed the effect of financial inclusion on credit risk and the mediation effect of bank competitiveness of commercial banks in Kenya. Financial inclusion was measured using three dimensions of bank availability, bank accessibility and bank usage, bank competitiveness used (HHI) while credit risk was represented by the non performing loans ratio. The study was anchored on financial intermediation theory supported by finance growth theor
View details →Athula Naranpanawa · 2011 · Griffith Research Online (Griffith University, Queensland, Australia)
Abstract: The link between trade openness and environmental quality has become one of the most debated topics in recent years. Yet, limited empirical investigations have been carried out in this area. This paper examines the relationship…
View details →Muhammad Shahbaz, Mehmet Balcılar, Mantu Kumar Mahalik et al. · 2021 · International Journal of Finance & Economics
Abstract By using quarterly data over the period 1970Q1‐2017Q4, this paper examines the dynamic causal relationship between globalization and energy consumption by using rolling and recursive rolling Granger causality methods. This study…
View details →Mohammad R. Jahan‐Parvar, Hassan Mohammadi · 2011 · The Journal of developing areas
We test the validity of the Dutch disease hypothesis by examining the relationship between real oil prices and real exchange rates in a sample of fourteen oil exporting countries. Autoregressive distributed lag (ARDL) bounds tests of…
View details →Batsirai Winmore Mazviona, T Sakahuhwa, M Dube · 2017 · RePEc: Research Papers in Economics
The study sought to examine factors affecting the performance of insurance companies in Zimbabwe. We utilized secondary data from twenty short-term insurance companies. The data was for the period from 2010 to 2014. We used factor analysis and multiple linear regression models to determine the factors affecting performance and identifying their impact. Our findings revealed that expense ratio, claims ratio and the size of a company significantly affect insurance companies’ performance negatively. Whilst leverage and liquidity affect performance positively. We recommend that insurance companies
View details →Oleg Badunenko, Diego Romero‐Ávila · 2013 · International Economic Review
We extend the deterministic, nonparametric production frontier framework by incorporating financial development. Our analysis convincingly shows that (1) failure to account for financial development overstates the role of physical capital…
View details →Hassan Mohammadi, Yuting Tan · 2015 · Econometrics
Examinations of the dynamics of daily returns and volatility in stock markets of the U.S., Hong Kong and mainland China (Shanghai and Shenzhen) over 2 January 2001 to 8 February 2013 suggest: (1) evidence of unidirectional return spillovers from the U.S. to the other three markets; but no spillover between Hong Kong and either of the two mainland China markets; (2) evidence of unidirectional ARCH and GARCH effects from the U.S. to the other three markets; (3) correlations of returns vary across markets, with the highest correlation of 93.5% between the two Chinese markets, medium correlation o
View details →Anvar Khosravi · 2010 · American Journal of Applied Sciences
Problem statement: It is important for policy makers to find affect of monetary and fiscal policy on economic growth and to know how those impacts on growth to present a effective policies. Approach: We apply the bounds testing (ARDL) approach and to cointegration which is more appropriate for estimation in small sample studies. The data span for the study is from 1960-2006, the empirical results found a cointegration relations between Growth, monetary policy and fiscal policy in Iran. Results: The results indicated the impact of Exchange rate and inflation on growth was negative, government e
View details →Jordan Ngu Chuan Yong, Sayyed Mahdi Ziaei, Kenneth Szulczyk · 2021 · Asian Economic and Financial Review
In this study, the volatility of two Asian stock markets, Bursa Malaysia and Singapore Exchange, is estimated. The analysis used data on daily closing prices of the indices of the respective stock markets between July 1, 2019 and August…
View details →Mark J. Flannery · 2026
Many bank managers and owners have long complained that they are over-regulated by a plethora of government agencies. The thrust of their complaint is that they could do a better job - i.e. become more profitable or increase their bank’s…
View details →Jinke Li, Zhongxue Li · 2011 · Natural Resources
China and India are the two countries with the strongest economic growth in the world. Meanwhile they consume much of the global coal to fuel their economic development. With coal burning as a major factor contributing to global greenhouse gas emissions, China and India are confronted with a dilemma of economic growth and environment protection. Will coal consumption reduction cause economic shocks? Is there a causal relationship between coal consumption and economic growth in China and India? In this paper Granger causality tests were used to examine the relationship between coal consumption
View details →Salim Khan, Wang Yahong · 2021 · Frontiers in Environmental Science
Several researchers have studied the relationship between poverty and environmental degradation, as these concerns are remained at top priority in achieving Sustainable Development Goals (SDGs). However, the symmetric and asymmetric impact of poverty and income inequality along with population and economic growth on carbon emissions (CO 2 e) has not been studied in the case of Pakistan. For this purpose, the short and long-run impact of poverty, income inequality, population, and GDP per capita on CO 2 e investigated by applying the Autoregressive Distributive Lag (ARDL) along with Non-linear
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