Working Papers
ERF Working papers are a quick and efficient way of sharing research work to disseminate knowledge, receive feedback, obtain preliminary recognition, and ultimately, to prepare publications.
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Tourism, Capital Good Imports and Long-Run Growth
Abstract This paper presents a theoretical growth model that attempts to identify one of the mechanisms... Read More
Do Capital Inflows Cause Currency Black Markets in MENA? Causality Tests for Heterogeneous Panels
Abstract This paper examines feedback causality between capital inflow components and currency black market premiums (BMP)... Read More
Normative Approach of Upstream-Downstream Relationships in the Tourism Sector: Implication for the Tourism Policy of the South Mediterranean Countries
Abstract The paper proposes a model of a vertical relationship between Hotel owners (HOWs) and Tours... Read More
Market Discipline and Deposit Insurance: Evidence from Some Middle Eastern Banks
Abstract Financial development, which involves the establishment and expansion of institutions, instruments and markets, plays an... Read More
The Role of Governance Institutions in Private Investment Decisions: The Case of Middle East and North Africa
Abstract This paper investigates the link between private investment decisions and various governance institutions in the... Read More
Cost Benefit Analysis of Desert Locusts Control: A Multicountry Perspective
Abstract During the campaigns of the fifties through the nineties, spraying desert locust (DL) was considered... Read More
Trade Liberalization, Agricultural Productivity and Poverty in the Mediterranean Region
Abstract A widely held view in the economic literature is that productivity growth is an... Read More
Is Corruption “Greasing” Or “Sanding” The Wheels of Innovation of Firms in MENA?
In a region with a tradition and abundance of rent-seeking behavior, innovation in MENA countries... Read More
Understanding The Dynamics of Household Enterprises in Egypt: Birth, Death, Growth and Transformation
Micro and small household enterprises play an enormous role in growth and employment in developing... Read More