â â â  â â â â â  the main purpose of present study is to analyze the relationship between stock and exchange markets in two asian countries, iran and south korea. a monthly time series of stock price and exchange rate are used over the period 2002: 05 - 2012: 03. the data is collected from the central bank of each country and wdi. the calculated stock return and real exchange rate change are u...

THE OVERLAPPING-GENERATIONS (OLG) model, introduced first by Allais (1947) and Samuelson (1958), is one of the two major workhorses for macroeconomic and financial modeling of open-ended dynamic economies. Following developments in the study of two-period economies, the OLG model has been extended to cover stochastic economies with production and possibly incomplete financial markets. As is the...

Nowadays, the assessment of environmental performance has received considerable attention by environmental strategy advocators and decision makers. In recent years, increased emission of CO2 into the air, water pollution, and global warming are universal problems all over the world. Therefore, development of firms with less CO2 emission is an important issue of attention in every area of produc...

one of the topics after two decades of applying import substitution policy in iran manufacturing sector is the importance of industrial export expansion and foreign relations. the main impetus to this policy transfer is the market expansion and potential gains of exploiting the economies of scale and technical upgrades. based on this argument this research estimates the efficient scale and gain...

There have been extensive studies exploring the relationship between agglomeration economies and economic growth. However, far less attention is paid to the nonlinear relationship of urbanization economies–firm productivity nexus, especially in developing countries. This paper aims to explore how urbanization economies impact the total factor productivity (TFP) of research and development (R&D)...

Taiwan economy has always been export-oriented, creating tightly-linked industrial chains between cross-straits companies tightly. Understanding the influence of transforming industrial patterns of major economic entities would be critical for long-term cooperative small economic entities (countries or regions) in the periphery. The author of this paper has thus analyzed the influences and ...