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1.
In investigating the causal relation between government revenue and spending, our empirical results support the tax-and-spend
hypothesis for Egypt and the fiscal synchronization hypothesis for Jordan. Breaking away from these historical trends is essential
for both countries to eliminate the budget deficit and therefore ensure the availability of domestic saving for private investment.
To cope with unemployment and poverty, continuing privatization is recommended for both countries to improve productivity
and efficiency in the domestic economy. Privatization should lead to higher domestic saving and investment and at the same
time eliminate the budget deficit by enhancing revenue and curbing spending. (JEL H62, H63) 相似文献
2.
The last thirty years have witnessed the appearance and rapid expansion of Islamic banking both inside and outside the Islamic world. Islamic banks provide financial products that do not violate Sharia , the Islamic law of human conduct. The Islamic principles upon which the banks claim to operate give an important role to social issues. Applying these principles, we develop a benchmark set of social disclosures appropriate to Islamic banks. These are then compared, using a disclosure index approach, the actual social disclosures contained in the annual reports of twenty-nine Islamic banks (located in sixteen countries) to this benchmark. In addition, content analysis is undertaken to measure the volume of social disclosures. Our analysis suggests that social reporting by Islamic banks falls significantly short of our expectations. The results of the analysis also suggest that banks required to pay the Islamic religious tax Zakah provide more social disclosures than banks not subject to Zakah . 相似文献
3.
Ali Bassam Mahmoud 《Journal of Promotion Management》2015,21(6):649-665
The present study aimed at assessing Syrian consumers' beliefs regarding, attitude, and behavioral responses toward e-mail advertising and investigating the relationships among those variables. A cross-sectional survey was conducted and it yielded 273 valid responses. The proposed model was analyzed and tested using a structural equation modelling approach. Our findings showed that both informativeness and entertainment beliefs positively predicted Syrian consumers' attitudes toward e-mail advertising. Additionally, attitude was found to fully mediate the relationship between beliefs regarding and behavioral responses toward e-mail advertising. 相似文献
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5.
Alessandrini Michele; Fattouh Bassam; Scaramozzino Pasquale 《Oxford Review of Economic Policy》2007,23(2):270-291
This paper examines the pattern of international trade specializationin Indian manufacturing since the mid-1980s by using data ontrade flows. Low-technology sectors still dominate the categoriesfor which India exhibits the largest degree of trade specialization.By contrast, high-technology sectors are prevalent among thecategories for which India is import-dependent. Significantly,India has experienced an improvement in the degree of specializationin some of the most dynamic sectors of world trade. 相似文献
6.
Michele Alessandrini Bassam Fattouh Benno Ferrarini Pasquale Scaramozzino 《Journal of Comparative Economics》2011,39(4):499-513
This paper analyzes the effects of policy reform on the structure of India’s trade in manufactures, from 1990 to 2006. It computes comparative advantage indicators on the basis of disaggregated trade flow data and assesses the effects of trade liberalization on the evolution of India’s pattern of trade specialization. Industries where import tariffs have been reduced the most have experienced the highest increase in specialization. Moreover, trade liberalization has helped India improve its comparative advantage in industries with medium- to high-technology content, as well as in some of the industries enjoying the most robust growth in global demand. Liberalization policies have been instrumental in enhancing the international competitiveness of industries. 相似文献
7.
M. Reza Hosseini Jian Zuo Nicholas Chileshe Bassam Baroudi 《Technology Analysis & Strategic Management》2013,25(4):385-404
Major parts of teams deployed in contemporary organisations to some extent possess the attributes of virtuality. In this context, at high levels of virtuality, team requirements become quite different from those of face-to-face teams. Thus, evaluating virtuality in teams is a key prerequisite for assessing its requirements and defining the applicable managerial policies. Nonetheless, the concept of virtuality in teams has remained elusive within the extant literature. To address this, this paper deploys a qualitative meta-analysis to synthesise the relevant findings drawing upon an exhaustive review of the literature. The study conceptualises the phenomenon of virtuality through proposing a conceptual framework for evaluating the level of virtuality in teams. This paper contributes to the field by offering further insight into the concept of virtuality and directs future investigations by providing the ground for validating the presented conceptual model. 相似文献
8.
A number of studies have looked at the financial characteristics of problem or failed savings and loans but none have used data taken exclusively from the post-deregulation period. In this paper, the financial characteristics of savings and loan associations that failed during the period 1984-II to 1985-I are analyzed, using both univariate difference in means tests and multivariate logistic regression. Both the known unequal population prior probabilities and the estimated unequal misclassification costs are taken into account in the logistic regression. The empirical results are compared to those of recent studies by Benston [7] and Barth, Brumbaugh, Sauerhaft and Wang [5] . The financial ratios that significantly affect the probability of failure are different in the three studies. 相似文献
9.
We demonstrate that, by exploiting more fully the distribution of leverage, conditional quantile regression methods yield
new insights into the choice of leverage ratio. For UK listed companies we find that not only is the estimated effect of the
explanatory variables different at different quantiles of the distribution, but also that the effect of a variable changes
sign between low leveraged and high leveraged firms.
相似文献
10.
Bassam Fattouh 《Empirical Economics》2005,30(1):245-253
We propose an empirical framework that allows us to jointly test for the sustainability of the current account deficit and evaluate the capital mobility thesis by examining the time series properties of the current account. We argue that this approach is more useful than the Feldstein-Horioka (1980) cross-section regression because of its firm basis on the long run inter-temporal budget constraint and of its richer dynamics that allow for a more useful method to evaluate the capital mobility thesis. Based on a century and half of U.S. current account data, we find evidence of current account sustainability and major breaks in the current account dynamics such that adjustment in the current account switches off allowing the current account to accumulate at a non-stationary rate. We assess whether periods in which the current account accumulates in a non-stationary way correspond to historical periods believed to have witnessed high degree of capital mobility.First version received: June 2003/ Final version received: January 2004 相似文献