This paper attempts to provide a probable answer to a longstanding resource curse puzzle; i.e., why resource-rich nations grow at a slower rate compared with less fortunate ones. Using an innovative threshold estimation technique, the empirical results reveal that there is a threshold effect in...

This paper attempts to provide a probable answer to a longstanding resource curse puzzle; i.e., why resource-rich nations grow at a slower rate compared to less fortunate ones. Using an innovative threshold estimation technique, the empirical results reveal that there is a threshold effect in the...

Turkey has experienced a significant increase in energy consumption and carbon emissions in recent decades. The country is a candidate for full membership to the European Union and likely to face significant pressures to decrease her emission of carbon dioxide. This paper examines the long run...

This article estimates the benefits of potable water quality improvements in Kajang Municipality in the state of Selangor, Malaysia, using the avertive cost method. Households were willing to pay MYR 322 annually to improve potable water quality. This represents about 80% of their average annual...

This paper examines the long run Granger causality relationship between economic growth, carbon dioxide emissions and energy consumption from 1971 to 2007 in Indonesia, controlling for capital stock and urban population. Using Toda–Yamamoto (TY) procedure, it has been found that there was no...

This paper provides an assessment of the changes in the availability of oil and gas resources in Malaysia. The physical and monetary balance sheets for crude oil and natural gas for the period 2000- 2007 was constructed. The net present value of expected future incomes to reflect the value of...

This paper provides an assessment of the changes in the availability of oil and gas resources in Malaysia. The physical and monetary balance sheets for crude oil and natural gas for the period 2000- 2007 was constructed. The net present value of expected future incomes to reflect the value of...

The Developing 8 (D-8) comprises of eight developing countries (Turkey, Malaysia, Indonesia, Bangladesh, Pakistan, Iran, Egypt and Nigeria), all of which are OIC members with large Muslim populations. The D-8 has formed a freer trade alliance with the objectives to create new opportunities and...

Several studies examine the UNDP's 1996 hypothesis regarding the existence of a two-way relationship between economic growth and human development. This implies that improving human development could enhance economic growth opportunities and vice versa. Using Sudan time series data (1960-2012),...

The main objective of this study is to re-investigates the exchange rates predictability puzzle using monetary model. It is hypothesised that the performance of exchange rate predictability is better off in countries with monetary instability. We employ bootstrap technique as proposed by Kilian...