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Economies, Volume 5, Issue 2

2017 June - 11 articles

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Articles (11)

  • Article
  • Open Access
45 Citations
21,877 Views
15 Pages

Willingness to Pay for Tourist Tax in Destinations: Empirical Evidence from Istanbul

  • Gurel Cetin,
  • Zaid Alrawadieh,
  • Mithat Zeki Dincer,
  • Fusun Istanbullu Dincer and
  • Dimitri Ioannides

Revenue generated from tourism taxes constitutes an important financial resource for local governments and tourism authorities to both ensure tourism sustainability and enhance the quality of tourist experiences. In order for tourism policy makers to...

  • Article
  • Open Access
32 Citations
13,809 Views
9 Pages

The main contribution of this article is to examine the productivity spillover effects from India’s inward foreign direct investment (FDI), controlling for trade, in the framework of the cointegrated vector autoregression (CVAR). For this purpose, us...

  • Article
  • Open Access
12 Citations
11,624 Views
20 Pages

Management of Oil Revenues: Has That of Azerbaijan Been Prudent?

  • Sarvar Gurbanov,
  • Jeffrey B. Nugent and
  • Jeyhun Mikayilov

To help explain the common failure of oil or other natural resource exporting countries to diversify into industry, it has been common to trace this failure to real exchange rate appreciation. This has also been done in Azerbaijan. However, because A...

  • Article
  • Open Access
29 Citations
11,472 Views
28 Pages

There is a growing literature studying the effects of economic freedom and democracy on income inequality; nevertheless, the inequality-effects of both factors are apparently studied separately. This paper revisits the income inequality-economic free...

  • Article
  • Open Access
77 Citations
15,911 Views
10 Pages

In this paper, we revisit the relation between institutional factors and foreign direct investment (FDI) inflows in developing countries by employing a dynamic panel methodology, which enables us to deal with the persistency of FDI flows and endogene...

  • Article
  • Open Access
53 Citations
17,237 Views
17 Pages

This paper examines the effect of remittances on household expenditure patterns applying propensity score matching methods that allow designing and analyzing observational data and enable reducing selection bias. We use data from the Nepal Living Sta...

  • Article
  • Open Access
12 Citations
16,495 Views
23 Pages

Most empirical work on sources of economic growth for different countries lack country-specific empirical evidence to guide policy choices in individual developing countries and previous studies of factor productivity tend to focus on the entire econ...

  • Article
  • Open Access
2 Citations
8,764 Views
19 Pages

The official data in relation to salaries paid in Spain from 1999 to 2014 has been analyzed. The inadequate data format does not reflect the whole salary distribution. Fréchet distributions have been fitted to the data. This simple distribution has s...

  • Article
  • Open Access
20 Citations
14,126 Views
18 Pages

The Role of Oil Prices in Exchange Rate Movements: The CIS Oil Exporters

  • Fakhri Hasanov,
  • Jeyhun Mikayilov,
  • Cihan Bulut,
  • Elchin Suleymanov and
  • Fuzuli Aliyev

Undoubtedly, oil prices play a crucial role in the macroeconomic performances of oil-exporting developing countries. In this regard, the exchange rate is one of the key macroeconomic indicators worthy of investigation. Existing literature shows that...

  • Article
  • Open Access
49 Citations
15,736 Views
14 Pages

Household’s Perception of Water Quality and Willingness to Pay for Clean Water in Mexico City

  • Lilia Rodríguez-Tapia,
  • Daniel A. Revollo-Fernández and
  • Jorge A. Morales-Novelo

A 2011 survey of Mexico City’s households revealed that families prefer alternative sources of drinking water instead of relying in the city’s quality supply services. These include the purchase of bottled water, installation of filtration devices, a...

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Economies - ISSN 2227-7099