Trading activities represent the flow of market information to the investors. This paper examines the effect of trading activities, i.e., trading volume and open interest, on the volatility of return for Malaysian Crude Palm Oil Futures. The GARCH model is applied by adding the expected and...

Fuel subsidies are widespread and debated extensively. The issues with these subsidies are fully acknowledged by many energy economists; however, the total subsidy level remains high. This is because energy subsidies are often closely related to the political economy viewpoint. Moreover, the...

Education is a cornerstone in promoting the overall welfare of individuals and plays a pivotal role in shaping their lives. As the developing world grapples with the multifaceted challenges of poverty, there is a growing emphasis on evaluating poverty from a multidimensional perspective....

This paper examines whether small Islamic firms' returns stochastically dominate (outperform) the returns of large Islamic firms using Ascending and Descending Stochastic Dominance (ASD and DSD) approaches. In other words, we investigate the size anomaly in Islamic equity indices. We use global,...

This study aims to investigate the mediating effect of economic factors including Gross Domestic Product (GDP), and Foreign Direct Investment (FDI) and the energy factor represented by Energy Consumption (EC) on tourism, for which the International Tourism Receipts (ITR) and the carbon emissions...