Less Developed Countries – Publications

  1. Bahmani-Oskooee, M., “Devaluation and the J-Curve: Some Evidence from LDCs”, Review of Economics and Statistics, Vol. 67 (August 1985), pp. 500-504.
  2. Bahmani-Oskooee, M., “Determinants of International Trade Flows: Case of Developing Countries”, Journal of Development Economics, Vol. 20 (Jan.-Feb. 1986), pp. 107-123.
  3. Bahmani-Oskooee, M., “Effects of Rising Price of Gold on the LDCs Demand for International Reserves”, International Economic Journal, Vol. 1 (Winter 1987), pp. 35-44.
  4. Bahmani-Oskooee, M. “Deterioration in the Terms of Trade Improves the Balance of Payments even if not the Trade Balance: Some Evidence from LDCs”, Quarterly Review of Economics and Business, Vol. 30 (Autumn 1990), pp. 73-84.
  5. Bahmani-Oskooee, M., “Exchange Rate Uncertainty and Trade Flows of Developing Countries”, Journal of Developing Areas, Vol. 25 (July 1991), pp. 497-508.
  6. Bahmani-Oskooee, M. and M. Malixi, “Exchange Rate Sensitivity of the Demand for Money in LDCs”, Applied Economics, Vol. 23 (August 1991), pp. 1377-1384.
  7. Bahmani-Oskooee, M., “Is there a Long-Run Relation Between the Trade Balance and the Real Effective Exchange Rate of LDCs?”, Economic Letters, Vol. 36 (August 1991), pp. 403-407.
  8. Bahmani-Oskooee, M. and M. Malixi, “Effects of Devaluation on the LDcs Demand for International eserves”, Journal of Economic Development, Vol. 16 (December 1991), pp. 75-86.
  9. Bahmani-Oskooee, M., H. Mohtadi; and G. Shabsigh, “Exports, Growth and Causality in LDCs”, Journal of Development Economics, Vol. 36 (October 1991), pp. 405-415.
  10. Mohtadi, H. and A. Savvides, “Export Instability and Export Diversification: Case of South East Asian and Latin American Countries”, International Economic Journal, 1991, pp. 15-33.
  11. Bahmani-Oskooee, M. and M. Malixi, “More Evidence on the J-Curve from LDCs”, Journal of Policy Modeling, Vol. 14 (October 1992), pp. 641-653.
  12. Bahmani-Oskooee, M. “PPP Based on Effective Exchange Rate and Cointegration: LDCs Experience with its Absolute Formulation”, World Development, Vol. 21 (June 1993), pp. 1023-1031.
  13. Bahmani-Oskooee, M. and J. Alse, “Export Growth and Economic Growth: An Application of Cointegration and Error-Correction Modeling”, Journal of Developing Areas, Vol. 27 (July 1993), pp. 535-542.
  14. Bahmani-Oskooee, M. and S. Payesteh, “Does Exchange Rate Volatility Deter Trade Flows of LDCs?”, Journal of Economic Development, Vol. 18 (December 1993), pp. 189-205.
  15. Bahmani-Oskooee, M., “Real and Nominal Effective Exchange Rates for 22 LDCs: 1971I-1990IV”, Applied Economics, Vol. 27 (1995), pp. 591-604.
  16. Bahmani-Oskooee, M., “Exchange Rate Uncertainty and Trade Flows of LDCs: Evidence from Johansen’s Cointegration Analysis”, Journal of Economic Development, Vol. 21 (June 1996), pp. 23-35.
  17. Bahmani-Oskooee, M., “Are Devaluations Contractionary in LDCs?”, Journal of Economic Development, Vol. 23 (June 1998), pp. 131-144.
  18. Bahmani-Oskooee, M., “Cointegration Approach to Estimate the Long-Run Trade Elasticities in LDCs”, International Economic Journal, Vol. 12 (Autumn 1998), pp. 89-96.
  19. Bahmani-Oskooee, M. and A. Mirzaie, “Real and Nominal Effective Exchange Rates in Developing Countries: 1971I-1997III”, Applied Economics, Vol. 32 (2000), pp. 411-428.
  20. Bahmani-Oskooee, M. “Real and Nominal Effective Exchange Rates of Middle Easyern Countries and Their Trade Performance”, Applied Economics, Vol. 33 (2001), pp. 103-111.
  21. Bahmani-Oskooee, M. and I. Miteza, “Do Nominal Devaluations Lead to Real Devaluations in LDCs?”, Economics Letters, Vol. 74 (2002), pp. 385-391.
  22. Bahmani-Oskooee, M., S. Chomsisengphet and M. Kandil, “Are Devaluations Contractionary in Asia?”, Journal of Post Keynesian Economics, Vol. 25 (Fall 2002), pp. 67-81.
  23. Bahmani-Oskooee, M., I. Miteza and ABM Nasir, “The Long-Run Relation Between Black Market and Official Exchange Rates: Evidence from Panel Cointegration”, Economics Letters, Vol. 76 (August 2002), pp. 397-404.
  24. Arora, S., Bahmani-Oskooee, M. and G. Goswami, “Bilateral J-Curve Between India and her Trading Partners”, Applied Economics, Vol. 35 (June 2003), pp. 1037-1041.
  25. Bahmani-Oskooee, M. and G. Goswami, “Smuggling as Another Cause of Failure of the PPP”, Journal of Economic Development, Vol. 28 (December 2003), pp. 23-38.
  26. Bahmani-Oskooee, M. and A. Ratha, “Dynamics of the U.S. Trade with Developing Countries”, Journal of Developing Areas, Vol. 37 (Spring 2004), pp. 1-11.
  27. Bahmani-Oskooee, M. and G. Goswami, “Long-Run Nature of the Relationship between the Black Market and the Official Exchange Rates”, Economic Systems, Vol. 28, Issue 3 (Sept. 2004), pp. 319-327.
  28. Bahmani-Oskooee, M. and G. Goswami,”The Impact of Corruption on the Black Market Premium”, Southern Economic Journal, Vol. 71, No. 3 (January 2005), pp. 483-493.
  29. Bahmani-Oskooee, M. and H. Rehman,”Stability of the Money Demand Function in Asian Developing Countries”, Applied Economics, Vol. 37 (2005), pp. 773-792.
  30. Bahmani-Oskooee, M. and G. Goswami, “Black Market Exchange Rate and the PPP in Emerging Economies”, Emerging Markets Finance and Trade, Vol. 41 (May-June 2005), pp. 37-52.
  31. Bahmani-Oskooee, M. and G. Goswami, “Military Spending as another Cause of Failure of the PPP in LDCs”, Applied Economics Letters, Vol. 12 (Sept. 2005), pp. 663-667.
  32. Bahmani-Oskooee, M. and G. Goswami, “Political Rights, Civil liberties and Black Market Premium in Developing Countries”, Review of Political Economy, Vol. 18, January 2006, pp. 91-104.
  33. Bahmani-Oskooee, M. and G. Goswami, “Military Spending and the Black Market Premium in Developing Countries”, Review of Social Economy, Vol. 64, No. 1, March 2006, pp. 77-91.
  34. Bahmani-Oskooee, M. and I. Miteza, “Are Devaluations Contractionary? Evidence from Panel Cointegration” Economic Issues, Vol. 10 (2006), pp. 49-64.
  35. Bahmani-Oskooee, M., G. Goswami and S. Mebratu, “Black Market Premium and Income Distribution”, Journal of Developing Areas, Vol. 39 (2006), pp. 17-28.
  36. Bahmani-Oskooee, M. and A. Gelan, “Black Market Exchange Rate and the Productivity Bias Hypothesis”, Economics Letters, Vol. 91 (2006), pp. 243-249.
  37. Bahmani-Oskooee, M. and A. Tanku, “Do the Black Market and the Official Exchange Rates Converge in the Long Run?”, Journal of Economics and Finance, Vol. 30 (Spring 2006), pp. 57-69.
  38. Bahmani-Oskooee, M. and A. Tanku, “Black Market Exchange Rate, Currency Substitution and the Demand for Money in LDCs”, Economic Systems, Vol. 30 (2006), pp. 249-263.
  39. Bahmani-Oskooee, M. and M. Oyolola, “Export Growth and Output Growth: An Application of Bounds Testing Approach”, Journal of Economics and Finance, Vol. 31, Number 1, Spring 2007, pp. 1-11.
  40. Bahmani-Oskooee, M. and H. Harvey, “Real and Nominal Effective Exchange Rates for LDCs : 1971I-2004IV”, International Trade Journal, Vol. 21 (Winter 2007), pp. 385-416.
  41. Bahmani-Oskooee, M. and A. Tanku, “Black Market Exchange Rate vs. the Official Exchange Rate in Testing the PPP: An Application of a Non-Linear Test”, Comparative Economic Studies, Vol. 49 (2007), pp. 632-641.
  42. Bahmani-Oskooee, M., G. Goswami, and I. Miteza, “Could Changes in Black Market Exchange Rates be Expansionary in LDCs?”, Economics Bulletin, Vol. 6, No. 13, 2008, pp. 1-9.
  43. Bahmani-Oskooee, M. and A. Tanku, “The Black Market Exchange Rate vs. the Official Rate in Testing PPP: Which Rate Fosters the Adjustment Process”, Economics Letters, Vol. 99 (2008), pp. 40-43.
  44. Bahmani-Oskooee, M., A. Kutan, and S. Zhou, “Do Real Exchange Rates Follow a Non-Linear Mean Reverting Process in Developing Countries?”, Southern Economic Journal, Vol. 74 (2008), pp. 1049-1062.
  45. Bahmani-Oskooee, M. and O. Kara, “Relative Responsiveness of Trade Flows to a Change in Prices and Exchange Rate in Developing Countries”, Journal of Economic Development, Vol. 33 (2008), pp. 147-163.
  46. Bahmani-Oskooee, M., S. Hegerty and A. Kutan, “Do Nominal Devaluations Lead to Real Devaluations? Evidence from 89 Countries”, International Review of Economics and Finance, Vol. 17 (2008), pp. 644-670.
  47. Bahmani-Oskooee, M. and C. Economidou, “Export Led Growth vs. Growth Led Exports: LDCs Experience”, Journal of Developing Areas, Vol. 42 (2009), pp. 179-212.
  48. Bahmani-Oskooee, M. and M. Oyolola, “Poverty Reduction and Aid: Cross-Country Evidence”, International Journal of Sociology and Social Policy, Vol. 29 (2009), pp. 264-273.
  49. Bahmani-Oskooee, M. and S. Hegerty, “Purchasing Power Parity in Less Developed and Transition Economies: A Review Article”, Journal of Economic Surveys, Vol. 23 (2009), pp.  617-658.
  50. Bahmani-Oskooee, M. and E. Ebadi, “Impulse Response Analysis and Orcutt’s Hypothesis in Trade: Evidence from Developing Countries”, Applied Economics, Vol. 47 (2015), pp. 5739-5747.
  51. Bahmani-Oskooee, M., T. Chang, and K-C Lee, “Purchasing Power Parity in Emerging Markets: Panel Stationary Test with both Sharp and Smooth Breaks”, Economic Systems, Vol. 40 (2016), pp. 453-460.
  52. Bahmani-Oskooee, M., T. Chang, T-H Chen, and H-W Tzeng, “Revisiting the Efficient Market Hypothesis in Transition Countries using Quantile Unit Root Test”, Economics Bulletin, Vol. 36 (Issue 4, 2016), pp. 2171-2182.
  53. Bahmani-Oskooee, M.and A. Mohammadian, “Asymmetry Effects of Exchange Rate Changes on Domestic Production in Emerging Countries”, Emerging Markets Finance and Trade, Vol. 54 (2018), pp. 1442-1459.
  54. Bahmani-Oskooee, M. and H. Harvey, The U.S. Trade Balance with Partners from Developing World: An Asymmetry Analysis of the J-Curve Effect”, Journal of Economic Development, Vol. 43 (2018, No. 2), pp. 29-43.
  55. Bahmani-Oskooee, M., F. Halicioglu and R. Neumann,Domestic Investment Responses to Changes in the Real Exchange Rate: Asymmetries of Appreciation versus Depreciations”, International Journal of Finance and Economics, Vol. 23 (2018), pp. 362-375.
  56. Bahmani-Oskooee, M., A. Kutan, D. Xi, and S. Bahmani, “On the Asymmetric Effects of Exchange Rate Changes on the Demand for Money: Evidence from Emerging Economies”, Journal of Emerging Market Finance, Vol. 18 (2019), pp. 1-22.
  57. Bahmani-Oskooee, M., M. Rahman, and A. Kashem, “Bangladesh’s Trade Partners and the J-Curve: An Asymmetry Analysis”, Macroeconomics and Finance in Emerging Economies, Vol. 12 (2019, No.2), pp. 174-189.
  58. Bahmani-Oskooee, M., A. Hosny, and H. Harvey, “Kazakhstan Trade with its Partners and the Role of Tenge: An Asymmetric Analysis”, Eurasian Economic Review, Vol. 9 (2019), pp. 493-513.
  59. Bahmani-Oskooee, M., T. Haj Amor, R. Nouira, and C. Rault, “Political Risk and Real Exchange Rate: What can we learn from Recent Developments in Panel Data Econometrics for Emerging and Developing Countries?” Journal of Quantitative Economics, Vol. 17 (2019), pp. 741-762.
  60. Bahmani-Oskooee, M., I. Miteza, and A. Tanku, “Exchange Rate Changes and Money Demand in Albania: A Nonlinear ARDL Analysis”, Economic Change and Restructuring, Vol. 53 (2020, No. 4), pp. 619-623.