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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Basel Accord and Lending Behavior: Evidence from MENA Region
Abstract In 1988, an agreement was reached in Basel to set common requirements of bank... Read More
Vertical Integration and Institutional Constraints on Firm Behavior: The Case of the Garment Industry in Egypt
Abstract Empirical analysis of vertical integration has mostly been restricted to developed countries. But since the... Read More
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