This thesis analyses how trade liberalisation and Foreign Direct Investment (FDI) have impacted on Mexico’s economy. Time series econometric estimations techniques and estimations of a dynamic simultaneous equations system were conducted using quarterly data (from 1980 to 2002).…
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This thesis is comprised of three pieces of research on moral hazard, reputation and market structure. In particular, following an opening discussion of previous literature, I explore the dynamic interaction between moral hazard and market structure in two distinct game theoreti…
This thesis is structured in two parts: the first part investigates topics in economics of education and the second part topics in commodity tax competition. The common thread in the first part is the English 2004 HE reform,we present both theoretical and empirical models that c…
It is a requirement of the Doctor of Business Administration (DBA) award of the University of Glasgow that the candidate undertakes a research which is relevant to the strategic development of his employing organisation.The overall aim of the DBA thesis is to conduct a critical …
In this thesis, the relationship between some aspects of industrial market structure and industry price-cost margins or profit-revenue ratios is investigated. This is done mainly by building mathematical models based upon the tenet of profit maximisation. Empirical tests of the …
In the aftermath of the financial crisis of 2008, economies and governments across the world have progressively recognised the importance of 'technology' and 'entrepreneurship' as the driving forces for creation of economic value and wealth. In the context of microenterprises, f…
Government debt management, as a distinct policy, with a clear objective of managing risks and cost minimisation first started among the industrialised economies in the late 1980s. The need to improve government debt management arose with rising debt levels, caused by macro-econ…
Most of the literature on skill-biased technological change views both skilled and unskilled labour as variable inputs. In contrast, this study focuses on the role of skilled workers comprising overhead labour in the recent increase in skill demand. The fi�rst chapter focuses on…
This study investigates the sensitivity of the relationship between oil industrial inventories and oil supply at national, international and global levels to developments in monetary policy in the UK. More specifically, it provides evidence for the UK about the two-way relations…
The objective of this study is to empirically examine the effects of monetary policy on macroeconomic performance in Nigeria. The study uses Quarterly data between 1970 Q1 to 2011Q4, being a sample period of forty one years. The study further, introduces structural break to inve…
This study initially aimed to evaluate dynamic capability theory using a longitudinal empirical case of a highly successful FTSE-100 company operating within a volatile market. Using a range of rich qualitative data to open the “black box”, dynamic capabilities theory is extende…
This thesis responds to the development policy debate on whether the popular Beijing Consensus is an alternative, especially for developing countries, to the Washington Consensus of market-friendly policies. The advocates of the Beijing Consensus have overlooked the facts that C…
Although Argentina does not rank badly in democratic indexes, actual levels of institutional quality in subnational units do not always scale down evenly. Some Argentinian provinces and municipalities are truly obscure places in terms of law enforcement, bureaucratic effectivene…
This thesis consists of three main chapters. Its first and second chapters are concerned with univariate distributions modelling of financial data, while the third chapter has more applied and pragmatic financial scope of the Value-at-Risk estimations. First chapter targets deve…
This thesis consists of three essays that investigate inequality within the household with a particular focus on the effects of intra-household resource allocation and informal child fostering on the welfare of children. The first essay estimates individual resource shares withi…
This thesis consists of three chapters, in which I examine recent developments in the area of international finance. In Chapter 2, I introduce a new class of hybrid exchange rate models that combine macroeconomic variables with information from a foreign exchange interdealer tra…
This study calls into question the use of sovereign bond yield differentials (spread) as an indicator of fear of default during the euro crisis. The spread between the German bund and other euro area sovereign bonds has been widely employed by academics and regulators primarily …
A computational valuation model is developed to predict discrepancies between choices and valuations in economic experiments. The model is based on Boundedly Rational Expected Utility Theory (Navarro-Martinez et al., 2017) and predicts average certainty equivalents for monetary …