This study attempts to examine the price discovery process and volatility spillovers in Gold futures and spot markets of National Commodity Derivatives Exchange (NCDEX) by employing Johansen’s Vector Error Correction Model (VECM) and the Bivariate ECM-EGARCH(1,1) model. The empirical result...

The purpose of this study is to develop a methodology in measuring productivity growth by decomposing it into technical change and technical efficiency change in India's paper industry. The prime objective of this article is to assess the impact of liberalization on productivity growth of...

The causal relationship between government revenue and government expenditure is an important subject in public economics especially to the control of budget deficit. The purpose of this study is to investigate the relationship between government revenue and government expenditure in Iran by...

This research is designed to help government and tourism policy-makers evaluate the efficiency and consequences of the Greek taxation system on maritime tourism. The tax revenues generated by the taxes and dues imposed by the state are measured using the Tourism Satellite Account (TSA). Tax...

As it is emphasized in marketing, management, and strategic management literature, "market orientation", "learning orientation", and "innovativeness" are regarded together as having a significant impact on a firm's performance. The objective of this study is to find out the interrelationships of...

Research on social science graduates' employment prospects reaches contradictor conclusions intensifying the scepticism on the value of these disciplines in the labour market. The paper examines two important labour market outcomes of these graduates, employment status and job-studies relevance...

This paper evaluates the economic development of China using the New Economic Geography (NEG) as a framework of analysis. The NEG addresses the formation of agglomeration economies accruing to physical linkages in one location leading to the formation of a coreperiphery pattern between the...

Our paper assesses the accuracy of individuals' tax perceptions. Based on personal interviews, we aim to find out how tax complexity affects the capability of respondents to calculate income tax liability. Tax complexity is measured by interacting multiple tax rates, applied to one or more tax...

This study investigates the pro-poorness of income growth in Nigeria. Using nationally representative data for 1996 and 2004, overall income growth in Nigeria was found not to be pro-poor. The richer segments of the population appropriate greater share of benefits from economic growth. Household...

In present study, I explore intraday behavior of stock prices. In particular, I try to shed light on the dynamics of stock price reversals and namely, on the short-term character the latter may possess. For each of the stocks currently making up the Dow Jones Industrial Index, I calculate...