The present study aims to model systematic risk using financial and accounting variables. Accordingly, the data for 174 companies in Tehran Stock Exchange are extracted for the period of 2006 to 2016. First, the systematic risk index is estimated using the ARFIMA-FIGARCH model. Then, based on the research background, 35 affective financial and accounting variables are simultaneously used with t...

In this paper we analyse productivity spillovers from foreign direct investment using firm level panel data UK manufacturing industries from 1992 to 1999. We investigate spillovers through horizontal, backward and forward linkages, distinguish spillovers from export oriented vs domestic market oriented FDI, and allow for differing effects depending on domestic firms’ export activities. The resu...

Against the Economy in East Java (Input Output Approach). Along with rapid development of industrialization, manufacturing sector has increased and shifted agricultural sector. This article aims to examine relationship between other sectors Province impact multiplier. Analysis input output secondary data Input Output. The results show that sector; service agriculture, forestry fisheries have fo...

this paper, i have focused on the tax side of the fiscal policy to  investigate the past and future behavior of fiscal sustainability in iran. to do so, i have employed two different forward-looking and backward-looking approaches. first, the backward-looking approach is the fiscal policy rule proposed by daving & leeper (2011). precisely, this rule determines that whether the fiscal policy is ...

Multinational Companies, Backward Linkages and Labour Demand Elasticities This paper investigates the link between nationality of ownership and wage elasticities of labour demand at the level of the plant. In particular, we examine whether labour demand in multinationals becomes less elastic with respect to the wage if the plant has backward linkages with the local economy. Our empirical eviden...

During the last two decades, bilingual research has adopted the masked translation priming paradigm as a tool to investigate the architecture of the bilingual language system. Although there is now a consensus about the existence of forward translation priming (from native language primes [L1] to second language [L2] translation equivalent targets), the backward translation priming effect (from...

Constraint Handling Rules (CHR) is a general-purpose rulebased programming language. This paper studies the forward and backward propagation of rules, and explores the combination of both execution strategies. Forward propagation transforms input to output, while backward propagation uncovers input from output. This work includes a source-to-source transformation capable of implementing a backw...

The Graphplan planner has enjoyed considerable success as a planning algorithm for classical STRIPS domains In this paper we explore the extent to which its representation can be used for probabilistic planning In particular we consider an MDP style framework in which the state of the world is known but actions are probabilistic and the objective is to produce a nite horizon contingent plan wit...

The technique of forward/backward simulations has been applied successfuly in many distributed and concurrent applications. In this paper, however, we claim that the technique can actually have more genericity and mathematical clarity. We do so by identifying forward/backward simulations as lax/oplax morphisms of coalgebras. Starting from this observation, we present a systematic study of this ...