This paper provides a framework to study how lobby-government interactions affect environmental R&D programs, government' green policies, firms' profitability, and environmental quality when a Northern country and a Southern country are engaged in trade. In our model, the motivation for an...

This paper provides a framework to study how lobby-government interactions affect environmental R&D programs, government' green policies, firms' profitability, and environmental quality when a Northern country and a Southern country are engaged in trade. In our model, the motivation for an...

Some Muslim researchers argue that a no-interest financial system better achieves the goal of price stability. Using a GARCH model, this article examines the effect of an interest-free banking system on level and volatility of inflation in a country with a full-fledged no-interest financial...

This paper pursues two goals. First, it uses an unrestricted error correction model and the bounds testing approach proposed by Pesaran, Shin, and Smith (2001) to study the short- and long-run effects of bank credit on inflation in Iran, a country with some history of interest-free banking...

Using the common correlated effects mean group (CCEMG) technique to a set of balanced panel error correction model, we examine the effects of the Asian financial crisis of 1997, and the global financial crisis of 2008 on the behavior of saving and investment in East Asian countries. Our results...

The main objective of this paper is to investigate the relationship between openness to trade and saving-investment behaviour in Asia during the period 1990-2006. We use this relationship to examine whether those Asian countries that are more open to trade and enjoy less trade barriers have also...