IJBEP.V8.N2.2013

FISCAL POLICIES AND EQUITY: THE CASE OF EGYPT’S POST-REVOLUTION BUDGET

Salah El-Sabaa Ali A. Soliman British University, Egypt ABSTRACT For many decades, the Egyptian budget has suffered from chronic deficit. On the one hand, expenditures were growing at very high rates. On the other hand, growth of revenues was sluggish and did not reflect new sources of wealth or income in the economy. Government policy […]

By Iabpad | IJBEP.V8.N2.2013
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PAIRS TRADING AND VALUE INVESTING STRATEGIES

Kamphol Panyagometh NIDA Business School, Bangkok, Thailand ABSTRACT This research is the study using Stock Exchange of Thailand (SET) information from 2002- 2012 in order to test for the application of Pairs Trading and Value Investing strategies on creation of investment portfolio by investing in low price to earnings ratio (P/E) and price to book […]

By Iabpad | IJBEP.V8.N2.2013
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US-CHINA TRADE PATTERNS AND DETERMINANTS: NATION, STATES, AND KANSAS FOCUS

Bienvenido S. Cortes Pittsburg State University ABSTRACT This study evaluates the importance of China as a destination country for U.S. exports, examines trends and product diversity in U.S. national and state-level exports to China, and identifies the factors (local and external) which determine the variations in a specific state’s (Kansas) exports to China. The study […]

By Iabpad | IJBEP.V8.N2.2013
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THE CREDIT CARD ACCOUNTABILITY RESPONSIBILITY AND DISCLOSURE ACT OF 2009: PROVIDING CONSUMER PROTECTION OR FINANCIAL BUREAUCRACY?

S. Keith Lowe Jacksonville State University ABSTRACT Signed into law by President Barack Obama on May 22, 2009, the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 ushered in a new era of reform to the credit card industry. Essentially the first major overhaul of the credit industry since the Truth in Lending […]

By Iabpad | IJBEP.V8.N2.2013
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EXCHANGE-TRADED EQUITY DERIVATIVES PRODUCTS: WHAT DETERMINES THEIR SUCCESS?

Freshia Mugo-Waweru Strathmore University, Nairobi, Kenya Kim Yu-Kyung Dongbei University of Finance and Economics, Liaoning, China ABSTRACT Derivatives exchanges introduce derivatives products which may end up recording high trading volume (successful products) or not (unsuccessful products). The key question is, what determines derivatives products successful and why are some products unsuccessful? This paper empirically analyzes […]

By Iabpad | IJBEP.V8.N2.2013
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AN EMPIRICAL INVESTIGATION OF THE PHILLIPS CURVE RELATIONSHIP FOR THE ALBANIAN ECONOMY

Agim Kukeli University of New York Tirana ABSTRACT This study uses the basic Phillips curve together with the Augmented Phillips Curve (APC) methodological frameworks to empirically investigate the short-run relationship between inflation and unemployment in the Albanian economy. Using quarterly data on inflation during 1999–2011, it estimates six different models using the Cochrane–Orcutt econometric method. […]

By Iabpad | IJBEP.V8.N2.2013
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THE ECONOMIC VALUE OF A NEW TECHNOLOGY IN GROWING POTATOES: THE HILLING METHOD

Guangsen Han Shanxi Institute of Science and Technology of Farming Machinery, China Howard Qi Michigan Technological University, USA ABSTRACT Combining finance knowledge, agricultural and farm machinery, this study analyzes the economic value of a new technology of growing potatoes–the hilling method compared to the traditional method without hilling. The authors find that this environmentally friendly […]

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UTILIZING DATA ENVELOPMENT ANALYSIS (DEA) FOR ANALIZYNG TECHNICAL EFFICIENCY OF SELECTED EGYPTIAN MANUFACTURING INDUSTRIES

Hany Elshamy Tanta University, Egypt ABSTRACT This study investigates the technical efficiency of Egyptian manufacturing sector. A nonparametric technique, Data Envelopment Analysis (DEA) is used in finding estimates of technical efficiency in the manufacturing sector in Egypt during a period of ten years (2000- 2010). Utilizing a sample of seventeen (17) Egyptian manufacturing industries in […]

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THE IMPACT OF OIL PRICE FLUCTUATIONS ON THE AUTOMOBILE INDUSTRY

Ahmad Ahmadian Aun Hassan Hailu Regassa Colorado State University – Pueblo ABSTRACT Lately, several macro variables have been a cause of concern for major economies around the world and have been the focus of research studies. This is especially true for oil prices mainly because of the strong dependence of the global economy on oil. […]

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UNEMPLOYMENT AND NEW FIRM FORMATION DURING THE GREAT RECESSION: THE IMPACT OF PRIOR LEVELS OF ENTREPRENEURSHIP

Jeffrey S. Sugheir C. Christopher Baughn Kent E. Neupert Boise State University ABSTRACT This study examines the relationships between levels of new business activity in the states of the U.S. and the high levels of unemployment arising from the Great Recession of 2007-2009. The findings indicate an interaction effect between prior levels of entrepreneurship and […]

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