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This paper focuses on volatility interactions between energy, agricultural, and environmental risk (proxy variable, DJSI) and exchange rate volatility surprise. Using five MGARCH models, our empirical results present significant own short-term and long-term persistence effects and also...
This paper explores the correlations of the short- and long-term interest rates through time in South Africa. Two time series techniques are utilised: the Kapetanios et al. (2003) nonlinear STAR unit root test and the asymmetric cointegration with threshold adjustment test of Enders and Siklos...
This paper examines the impact of bank-based financial development on economic growth in Ghana during the period from 1970 to 2014. Unlike some previous studies, the current study uses four proxies to measure bank-based financial development. In addition to these proxies, the study uses a...
A global increase in the occurrence of natural disasters is documented. In the management of such events, waste and debris removal and treatment methods are important. Indeed, a sustainable management of the event's aftermath should include whether and how these materials can be recyclable or...
The study focuses on the emerging tourism industry in four communities in the Eastern Slovenia at different level of tourism development. Using social exchange theory, the research explores rural residents' perceptions of the economic, socio-cultural and environmental impacts of tourism. The...
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