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Persistent link: https://www.econbiz.de/10009504822
revenues have no effect on the growth of the economy. The result of the impact of monetary policies shows that interest rate … impels growth of the economy while money supply deters growth of Nigeria's economy; lastly, the trade policies maintain her … negative influence on the economy in both the long run and short run. Sequel to the findings, the study recommends the …
Persistent link: https://www.econbiz.de/10012668349
This study empirically examines the effect of monetary, fiscal and trade policy on economic growth in Pakistan using annual time series data from 1981 to 2009. Money supply, government expenditure and trade openness are used as proxies of monetary, fiscal and trade policy respectively....
Persistent link: https://www.econbiz.de/10014178777
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In this paper we consider whether the effects of trade liberalisation on GDP growth are offset by changes in other policy variables, namely changes in fiscal policy. Governments increase welfare spending as a response to greater exposure to international trade. We find for a sample of developing...
Persistent link: https://www.econbiz.de/10014083411
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012238489
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This paper provides an assessment of the potential economic impacts of the Vietnam-Korea free trade agreement on … Vietnam, by using general equilibrium modeling. The results show that Vietnam-Korea FTA will increase aggregate welfare for … that Vietnam‟s agriculture exports to Korea would especially rise in the long run. However, there will be strong …
Persistent link: https://www.econbiz.de/10011764940
Vietnam has been following China's path closely and very successfully for the last two decades, since the adoption of … the World Trade Organization (WTO). This paper addresses this question with regard to Vietnam, who joined the WTO at the … beginning of 2007: we study Vietnam's potential for sustainable growth and international integration. We start by briefly …
Persistent link: https://www.econbiz.de/10003793463