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Identifying Structural Breaks In The Lebanese Economy 1970-2003: An Application Of The Zivot And Andrews Test, Charles Harvie, Mosayeb Pahlavani, Ali S. Saleh
Identifying Structural Breaks In The Lebanese Economy 1970-2003: An Application Of The Zivot And Andrews Test, Charles Harvie, Mosayeb Pahlavani, Ali S. Saleh
Charles Harvie
During the 1960s and early 1970s the Lebanese economy was characterized by low inflation, high growth, sizeable balance of payments surpluses and small public sector deficits, which made it a highly attractive business centre. During this period the country was described as the Switzerland or Paris of the East. This macroeconomic stability did not last long, however, as the economy subsequently underwent fundamental structural changes during most years after the mid 1970s. The aim of this paper is to identify the timing of major structural breaks in the Lebanese economy by applying the Zivot and Andrews (ZA) (1992) procedure, using …
An Extensible Framework For Selecting Incremental Innovations, Arcot Desai Narasimhalu
An Extensible Framework For Selecting Incremental Innovations, Arcot Desai Narasimhalu
Arcot Desai NARASIMHALU
There are several innovation methodologies reported in the literature starting from simple concepts such as technology push and market pull all the way to Disruptive innovation. Almost all these methods do not provide for customizability and extensibility. The method described in this paper is called Quick and Dirty Innovation Method or QaDIM in short to represent the fact that the method can be used rather easily to identify incremental innovation opportunities. The paper will first describe the basic concept, and then proceed to give a sample framework before proceeding to describe the extensibility. The method allows firms and individuals to …