The Experts below are selected from a list of 44079 Experts worldwide ranked by ideXlab platform
John S Zdanowicz - One of the best experts on this subject based on the ideXlab platform.
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estimating the magnitude of Capital flight due to abnormal pricing in international trade the russia usa case
Accounting Forum, 2005Co-Authors: Maria E De Boyrie, Simon J Pak, John S ZdanowiczAbstract:Governmental and international lending agencies, as well as private sector firms, who engage in international trade, have long been concerned with detecting and determining the magnitude of abnormal pricing in international trade. To detect such abnormal pricings, we present a framework analyzing millions of import/export transactions between the U.S. and Russia. The objectives of this study are to estimate the economic impact of over-invoiced/under-invoiced Russian imports/exports from/to the U.S. and to determine if Capital Movement/Capital flight through trade is due to money laundering, tax evasion or some sort of portfolio consideration. Our results lead us to conclude that Capital Movement through trade in this case can be attributed to either money laundering and/or tax evasion.
Syed Anees Haider Zaidi - One of the best experts on this subject based on the ideXlab platform.
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the impact of globalization natural resources abundance and human Capital on financial development evidence from thirty one oecd countries
Resources Policy, 2019Co-Authors: Syed Anees Haider Zaidi, Ayfer Gedikli, Muhammad Wasif Zafar, Yaser IftikharAbstract:Abstract Financial development is considered the backbone of a country's economic development. It usually acts as a moderator of the effects of economic variables and impacts economic development accordingly. This study examines the impact of globalization, natural resources, and human Capital on financial development by controlling the effect of economic growth and Capital in the Organization of Economic Cooperation and Development (OECD) countries. The study covers data from 1990 to 2016 and employs a set of second-generation econometric techniques to control the issues of cross-sectional dependence and heterogeneity in the panel data. The cointegration method's results indicate a long-run relationship between the study's variables. The empirical results of Continuously Updated Fully Modified (Cup-FM) ordinary least squares method suggest a positive and significant impact of globalization, natural resources, and human Capital on financial development. Economic growth and gross fixed Capital formation also positively impact financial development. The results of a Dumitrescu and Hurlin causality analysis confirm the feedback effects of globalization, economic growth, and gross fixed Capital formation on the dependent variable i.e, financial development. Natural resources (Granger-) cause financial development in a positive way, and financial development (Granger-) causes human Capital. Policies to avoid protectionism against globalization and human Capital Movement, development of more financial institutions through a globalized culture, and effective use of natural resources are recommended.
Yaser Iftikhar - One of the best experts on this subject based on the ideXlab platform.
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the impact of globalization natural resources abundance and human Capital on financial development evidence from thirty one oecd countries
Resources Policy, 2019Co-Authors: Syed Anees Haider Zaidi, Ayfer Gedikli, Muhammad Wasif Zafar, Yaser IftikharAbstract:Abstract Financial development is considered the backbone of a country's economic development. It usually acts as a moderator of the effects of economic variables and impacts economic development accordingly. This study examines the impact of globalization, natural resources, and human Capital on financial development by controlling the effect of economic growth and Capital in the Organization of Economic Cooperation and Development (OECD) countries. The study covers data from 1990 to 2016 and employs a set of second-generation econometric techniques to control the issues of cross-sectional dependence and heterogeneity in the panel data. The cointegration method's results indicate a long-run relationship between the study's variables. The empirical results of Continuously Updated Fully Modified (Cup-FM) ordinary least squares method suggest a positive and significant impact of globalization, natural resources, and human Capital on financial development. Economic growth and gross fixed Capital formation also positively impact financial development. The results of a Dumitrescu and Hurlin causality analysis confirm the feedback effects of globalization, economic growth, and gross fixed Capital formation on the dependent variable i.e, financial development. Natural resources (Granger-) cause financial development in a positive way, and financial development (Granger-) causes human Capital. Policies to avoid protectionism against globalization and human Capital Movement, development of more financial institutions through a globalized culture, and effective use of natural resources are recommended.
Muhammad Wasif Zafar - One of the best experts on this subject based on the ideXlab platform.
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the impact of globalization natural resources abundance and human Capital on financial development evidence from thirty one oecd countries
Resources Policy, 2019Co-Authors: Syed Anees Haider Zaidi, Ayfer Gedikli, Muhammad Wasif Zafar, Yaser IftikharAbstract:Abstract Financial development is considered the backbone of a country's economic development. It usually acts as a moderator of the effects of economic variables and impacts economic development accordingly. This study examines the impact of globalization, natural resources, and human Capital on financial development by controlling the effect of economic growth and Capital in the Organization of Economic Cooperation and Development (OECD) countries. The study covers data from 1990 to 2016 and employs a set of second-generation econometric techniques to control the issues of cross-sectional dependence and heterogeneity in the panel data. The cointegration method's results indicate a long-run relationship between the study's variables. The empirical results of Continuously Updated Fully Modified (Cup-FM) ordinary least squares method suggest a positive and significant impact of globalization, natural resources, and human Capital on financial development. Economic growth and gross fixed Capital formation also positively impact financial development. The results of a Dumitrescu and Hurlin causality analysis confirm the feedback effects of globalization, economic growth, and gross fixed Capital formation on the dependent variable i.e, financial development. Natural resources (Granger-) cause financial development in a positive way, and financial development (Granger-) causes human Capital. Policies to avoid protectionism against globalization and human Capital Movement, development of more financial institutions through a globalized culture, and effective use of natural resources are recommended.
Maria E De Boyrie - One of the best experts on this subject based on the ideXlab platform.
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estimating the magnitude of Capital flight due to abnormal pricing in international trade the russia usa case
Accounting Forum, 2005Co-Authors: Maria E De Boyrie, Simon J Pak, John S ZdanowiczAbstract:Governmental and international lending agencies, as well as private sector firms, who engage in international trade, have long been concerned with detecting and determining the magnitude of abnormal pricing in international trade. To detect such abnormal pricings, we present a framework analyzing millions of import/export transactions between the U.S. and Russia. The objectives of this study are to estimate the economic impact of over-invoiced/under-invoiced Russian imports/exports from/to the U.S. and to determine if Capital Movement/Capital flight through trade is due to money laundering, tax evasion or some sort of portfolio consideration. Our results lead us to conclude that Capital Movement through trade in this case can be attributed to either money laundering and/or tax evasion.
