The study examines the long-run relationship between remittances and household consumption in Lesotho for the period 1991-2019 using the Johansen cointegration technique and the Engle-Granger Residual Approach. Despite remittances in Lesotho representing over 20% of GDP which is highly...

South Africa's heavy reliance on fossil fuels has posed significant challenges to environmental sustainability, primarily due to the associated climate change concerns. To combat these issues, the South African government has turned to technological innovation. However, research examining the...

In this article I have analysed the long-term relationship between US M2 money supply and the price of gold per troy ounce using Engle-Granger cointegration. The analysis shows the existence of long-term price dependency of gold in relation to US M2 money supply. M2 was used in two variants,...

The relationship between external debt and agriculture productivity is a topic of significant importance in developing economies. Agriculture is a fundamental sector in these economies, often providing livelihoods for a substantial portion of the population. External debt, on the other hand, is...

Purpose - In this paper we examine the validity of the J-curve hypothesis in four Southeast Asian economies (Indonesia, Malaysia, the Philippines and Thailand) over the 1980-2017 period. Design/methodology/approach - We employ the linear autoregressive distributed lags (ARDL) model that captures...

Purpose - The purpose of this paper is to show the effect of Turkey's geopolitical risk on the number of international tourist arrivals to the country. When Turkish economy in 2019 is analyzed, it is seen that the share of tourism in national income is 11%. For this reason, national economy is...

This research tackles a gap in existing literature by offering empirical insights into the effectiveness of utilizing the Gold and Foreign Exchange Contingency Reserve Account (GFECRA) in overseeing total domestic debt, thereby enhancing our comprehension of fiscal policy implications and debt...

The study applied the newly developed Non-linear Autoregressive Distributed Lag (NARDL) model by Shin et al. on annual data for Ghana from 1970 to 2019. Evidence of a long-run asymmetric cointegration relationship exists between cashew nuts exports, cocoa beans exports, and economic growth....

This study delves into the complex relationship between government sectorial expenditure and economic growth in Ethiopia from 1980 to 2021. Utilizing a modified endogenous growth model and the ARDL bound test model approach to co-integration, the research uncovers a long-run co-integrating...

We propose a high-frequency rebalancing algorithm (HFRA) and compare its performance with periodic rebalancing (PR) and threshold rebalancing (TR) strategies. PR refers to the process of adjusting the relative weight of assets within portfolios at regular time intervals, whereas TR is a process...