Purpose Various barriers discourage small and medium-sized enterprises (SMEs) from entering or expanding their export activities in the international markets, especially SMEs emerging markets. The purpose of this study is to look at capacity building accelerate SMEs’ performance. Design/methodology/approach This draws on contingency theory takes a resource-based market-based view provide holistic understanding issue. uses primary data collected via extensive surveys active three main...

Using a seemingly unrelated regression (SUR) model, this paper examines the impact of domestic and transnational terrorism on tourism demand (as measured by visitor arrivals) to Lebanon, Turkey Israel. The distinguishing feature is that we use dynamic framework takes into account (i) intensity (ii) associated spillover effects. empirical results, based monthly data from 1995 2007, reveal in one country affects arrivals not only but also other countries. We find tourists view Lebanese Turkish...

Purpose – The purpose of this paper is to investigate the effects financial leverage on firm’s performance in Gulf Cooperation Council (GCC) countries. Additionally, investigates impact recent crisis GCC firms. Design/methodology/approach authors argue that has a dynamic relationship cannot be measured cross-sectional data. Hence, use panel data examine effect using Generalised Method Moments (GMM) estimator. Findings results from GMM estimator show companies’ significant determinant also...

Abstract This study empirically tests the traditional trade‐off model against pecking order of capital structure using data from Japanese listed companies on Tokyo Stock Exchange. A pooled sample 1,362 publicly nonfinancial 1991 to 2015 is used establish relationship between leverage and its determinants by generalized methods moments econometric framework. The results show that financing pattern firms consistent with basic model, which predicts external debt driven internal financial deficit.

This study examines the effects of an unfavorable political event or environmental hostility, namely, a blockade affecting international tourist inflows, and how tourism market diversification (TMD) could mitigate adverse in case Qatar. To quantify these effects, we adopted standard tourism-demand model augmented it with Herfindahl index (HI) for geographical exports, dummy variable blockade, interaction variable. We further analyzed inflows from various regions using regional dummies their...

The relationship between budget deficits and macroeconomic variables (such as growth, interest rates, trade deficit, exchange rate, among others) represents one of the most widely debated topics economists policy makers in both developed developing countries. However, purpose this paper is to review extensive literature such a relationship, concentrating on theoretical debates empirical studies, order derive substantive conclusions, which can be beneficial macroeconomics area; analysis; or...

Purpose This paper aims to investigate the financial performance of listed firms on Australian Securities Exchange (ASX) over two sample periods (1998-2007 and 2008-2010) before during global crisis periods. Design/methodology/approach The generalized method moments (GMM) has been used examine relationship between family ownership a firm’s period, reflecting higher risk exposure associated with capital markets. Findings Applying firm-based measures (ROA ROE), empirical results show that...

Abstract This paper examines the contribution of tourism industry to GDP three selected destinations in Middle East region: Bahrain, Jordan and Saudi Arabia. We introduce a quadratic functional form apply advanced panel cointegration dynamic model with robust estimation test our hypothesis. Our analysis is based on comprehensive set data receipts, education investment, foreign direct investment fixed capital formation over period 1981–2008. The results show long‐run relationship between...

Purpose This study aims to examine a conceptual integrated framework for small- and medium-sized enterprises’ (SMEs) export performance that comprises all potential determinants inhibitors. also incorporates examines the mediators of proactiveness (business strategy), innovativeness (innovation strategy) marketing strategy. Design/methodology/approach His research is based on contingency theory, resource-based market-based view, it provides an model about problem. The primary data are...

Many economists have argued that prolonged fiscal expansions contribute to current account imbalances. The purpose of this paper is explore phenomenon in the case Sri Lanka during period 1970 2003. In study, autoregressive distributed lag (ARDL) model and bounds test for cointegration (Pesaran et al. 2001) were used assess long-run dynamics between twin deficits Lanka. empirical analysis supports Keynesian view there a relationship imbalances budget deficit. results also show direction...

This study re‐examines both pure technical and scale efficiency of Australian banks using bootstrap data envelopment analysis ( DEA ). The aim is to improve the choice variables core profit model which commonly used in earlier banking studies. After we introduce “interest income” over “net interest variable model, proportion fully efficient decreased 23% significantly lower than 81% was reported a recent study. research argues that main issue has contributed this difference improving...

The purpose of this article is threefold. First, we measure both technical and scale efficiency major Australian banks during the period 2006 to 2012 using data envelopment analysis (DEA). Second, robustness sensitivity scores are tested based on a bootstrap approach. Third, results employed examine by how much different scenarios improving can result in cost savings for individual banks. indicate notable difference between original estimates. While conventional DEA show that more than half...

Over the past few decades brisk development of information and communication technologies (ICT) has had a phenomenal impact on economic stability many countries. Empirical studies show that most developed economies have gained significant payoffs (in terms growth) from their ICT investments. This study investigates hypothesis ICT-based investment paid off for Australia ASEAN-5 countries (Malaysia, Singapore, Indonesia, Thailand Philippines) between 1992 2006. Applying new cointegration...

Given the number and frequency of external shocks encountered by Thailand in last two decades, this study identifies location breaks tests to determine whether have a transitory or permanent effect on international tourist arrivals for its top 10 source countries using both univariate panel unit root with structural breaks. The findings suggest that break dates coincide Asian financial crisis, September 11 attack, SARS bird flu outbreaks. reject null hypothesis nonstationarity from all...