This article extends the recent findings of Liu (2005), Ang (2007), Apergis et al. (2009) and Payne (2010) by implementing recent bootstrap panel unit root tests and cointegration techniques to investigate the relationship between carbon dioxide emissions, energy consumption, and real GDP for 12...

We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa. However, African countries are heterogeneous and there is...

Urbanization and poverty have a two-way relationship. Using fixed-effects regression andpanel data from household surveys, we estimate the effect of urbanization on welfare andpoverty of rural households in Vietnam. We find that urbanization tends to increaselandlessness of rural households and...

The objective of this paper is to investigate the impacts of urbanization on human capital andeconomic growth in Africa. It seeks to contribute to the urbanization-growth debate byinvestigating how urbanization is linked to human capital accumulation and economic growth.More precisely, compared...

Cette contribution à l'étude des modes d'allocation des facteurs en Technologies de l'information et de la communication (TIC) au sein des firmes dans les économies émergentes sort de l'approche duale concentrée sur le manque d'équipements et ses conséquences. Les auteurs se focalisent...

The aim of this paper is twofold: first, we want to explore the intra-firm diffusion of information and communication technologies (ICT) within the Tunisian firms and to characterize its general trends of adoption and usage. Second, we want to emphasize the rank and epidemic effects stressed by...

The objective of this article1 is to contribute to the debate on the effectiveness of Technoparks (TP) in developing and emerging economies using the example of Tunisia. This article is based on a thorough desk review and informal interviews with TP entrepreneurs and managers in Tunisia. Setting...

We contribute to the finance literature in two main ways. First, we present a theoretical capital asset pricing model (CAPM) to price assets in different market structures. Second, we use our model to analyze whether when markets are partially segmented using the local or the global CAPM yields...

This article contributes to the literature on stock market integration by developing and estimating a capital asset pricing model with segmentation effects in order to assess stock market segmentation and its effects on risk premia at the regional level. We show that the estimated degrees of...

Ce travail utilise les techniques récentes de cointegration en panel et la méthode d'estimation SUR pour tester l'existence d'une relation de long terme entre le prix du pétrole et le cours des actions dans les pays du Conseil de Coopération du Golfe (CCG). Ces pays étant des acteurs...