Internationalization is a complex process, in which firms face various challenges that may lead to opportunities or threads. One of these challenges is export compliance. The objective of this paper is to disentangle the nature of export compliance and its function in international...

We test the bank lending channel of monetary policy in Africa and examine the role of bank cost efficiency in this relationship. We use the stochastic metafrontier approach to estimate cost efficiency scores of 447 commercial banks in Africa. The Fixed Effect (FE) estimator is used as the...

While existing literature points to a positive impact of FDI on host countries’ growth, little is known about how inward FDI contributes to economic volatility in the host country. In this paper, we investigate the FDI-output growth volatility nexus focusing on manufacturing sectors of OECD...

The volatility in the crude oil price in the international market has risen much interest into the investigation of its price swing. In this project, we examine the dynamics of the monthly Brent oil price for the last two decades using the Box Jenkins ARIMA techniques and show that such model is...

This paper examines the macroeconomic effects of fiscal policy on retail interest rate in Ghana using the Autoregressive Distributed Lags model. A database of annual data on fiscal variables and lending rates for the period 1970 – 2013 are constructed largely from the World Bank Indicators and...

Internationalization is a complex process, in which firms face various challenges that may lead to opportunities or threads. One of these challenges is export compliance. The objective of this paper is to disentangle the nature of export compliance and its function in international...