This study complements existing literature by examining the nexus between energy consumption (EC), CO2 emissions (CE) and economic growth (GDP) in 24 African countries using a panel ARDL approach. The following findings are established. First, there is a long run relationship between EC, CE and...

This study examines the short-run and long-run dynamics binding energy consumption to GDP using a structural vector error correction (SVECM) model during the period 1971-2009. In addition, a comparative study between Tunisia,the USA and Sweden is conducted. Results spread over two axes....

Liberals and libertarians believe that justice is deeply embodied in liberalism. The famous physiocratic maxim "let them do business, let people and goods move: the world works by itself" relegated to second place some virtues such as justice and equity by considering them as mechanical outputs...

In this paper, we examine the relationship between renewable energy and economic growth taking into account institutional measures. Using panel cointegration tests, we found that these two variables and any institutional measure, of all considered in this study, are co-integrated. Furthermore,...

This paper aims to study the similarities between Islamic and conventional banks in the Gulf Cooperation Council (GCC) countries by assigning them to different clusters. We perform such clustering by employing the k-means algorithm with dynamic time warping barycenter averaging. More...

The literature distinguishes finite sample studies of seasonal stationarity quite less intensely than it shows for seasonal unit root tests. Therefore, the use of both types of tests for better exploring time series dynamics is seldom noticed in the relative studies on such a topic. Recently,...

Liberals and libertarians believe that justice is deeply embodied in liberalism. The famous physiocratic maxim "let them do business, let people and goods move: the world works by itself" relegated to second place some virtues such as justice and equity by considering them as mechanical outputs...

This paper shows through a Monte Carlo analysis the effect of neglecting seasonal deterministics on the seasonal KPSS test. We found that the test is most of the time heavily oversized and not convergent in this case. In addition, Bartlett-type non-parametric correction of error variances did...

The literature distinguishes finite sample studies of seasonal stationarity quite less intensely than it shows for seasonal unit root tests. Therefore, the use of both types of tests for better exploring time series dynamics is seldom noticed in the relative studies on such a topic. Recently,...

This work presents a forecasting inflation model using a monthly database. Conventional models for forecasting inflation use a small number of macroeconomic variables. In the context of globalization and dependent economic world, models have to account a large number of information. This model...