Data Envelopment Analysis (DEA) is a well-established relative efficiency measurement technique, which has been widely applied to evaluate the technical efficiency of agricultural units in different countries by focusing on different aspects of agricultural production. This rese…
The resource based view of firms suggests that they should invest into intangible assets such as absorptive capacity, R&D, networks, human capital and internationalisation. In particular, SMEs require more investment in knowledge based assets (e.g., R&D, networks) for higher lab…
The aim of this thesis is to assess the role of the state in economic development in the GCC countries. Three aspects of this subject are investigated. An Indirect role of the state is analyzed through the effect of financial development on the economic growth. And direct roles …
This thesis attempts to address the need for a clear strategy for the supply side in the Egyptian mortgage market. The thesis focuses for the first time on the issues in relation to the role of the bank and non-bank financial institutions in the creation of an effective and sust…
This thesis which compromise of three essays focuses on the theme of valuation, value premium anomaly, financing behaviour and emerging markets. The first essay studies the value growth puzzle in the context of conflict of interest between taxable and institutional investors. We…
This thesis aims to contribute to monetary policy studies by conducting fundamental research and gathering empirical evidence on the effectiveness of monetary policy in the U.S., U.K., Germany and Japan. The financial crisis in 2007/08 highlighted the weakness of using nominal i…
The thesis examines advertising behaviour and quality-setting behaviour at the firm level. In both cases economic theory is used to discover theoretically optimal behaviour patterns which may then be compared with the behaviour patterns exhibited by firms operating in the real w…
The first paper, "Interest rate pass-through and financial crises: do switching regimes matter? The case of Argentina", analyses the dynamic relationship between a money market (interbank) rate and different short-term lending rates by measuring their passthrough. Neither linear…
The last two decades have seen an evolution of Information and Communication Technology (ICT) capabilities in the public sector which facilitates the adoption of several IT innovations. Electronic government is one of these strategic innovations that many government agencies hav…
How do financial reforms affect the allocation of production within an economy and its long-run macroeconomic performance? How does the impact of financial reforms interact with the effects of other policy reforms or the influence of an economy’s structural characteristics? These a…
The thesis focuses on valuation and hedging problems when the market is incomplete. The Örst essay considers the quadratic hedging strategy. We propose a generalized quadratic hedging strategy which can balance a short-term risk (additional cost) with a long-term risk (hedging e…
Econometric modelling and statistical inference are considerably complicated by the possibility of correlation across data data recorded at different locations in space. A major branch of the spatial econometrics literature has focused on testing the null hypothesis of spatial i…
This thesis contains three essays on the macroeconomics of inequality. The first chapter analyses the effects of minimum wages on inequality. While there has been intense debate in the empirical literature about the effects of minimum wages on inequality in the US, its general e…
This thesis contributes to the theoretical literature that analyses the link between international asset trade and international risk sharing. Despite the massive increase in cross-border asset trade since the 1990's, consumption risk sharing across countries remains limited. In…
This thesis aims to investigate and study a variety of dimensions of the relationship between foreign direct investment (FDI), domestic investment (DI) and economic growth in the host countries. The main purpose of this thesis is to empirically examine the implications of the re…
The extant literature has been very effective in identifying different types of identity projects, running the gamut from assimilative, integrationist, to rejectionist; where the individual migrants either accept, combine or reject the ‘home’ and ‘host’ national cultures. Howeve…
In this thesis, by employing VAR/VECM approach and Bayesian Dynamic Stochastic General Equilibrium (DSGE) Model we have studied and tested the transmission mechanisms of China’s monetary policy and measured the effects of the monetary policy shocks and other exogenous macro shoc…
The thesis focuses on empirical modelling and estimation of the role of exchange rate in international trade adjustment, trade prices and domestic inflation in the context of developing countries. Although the study‘s prime focus is to estimate empirically, using Bangladesh as t…
The multinational corporation (MNC) to a large extent, determines its sustainable economic success through the effective management of knowledge flows within and across its boundaries. Based on the business network theory, the thesis applies a micro-perspective by drawing on an …