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This paper investigates the causality interactions between potential financing sources of investment and economic growth in North African countries. For each one of them, trivariate vector autoregressive (VAR) models were estimated. We find that domestic saving follows their economic growth. We...
Persistent link: https://www.econbiz.de/10010608434
This article considers savings, investment and economic growth for India using annual time series data for the period 1950/51 to 2003/04. The analysis uses Perron's innovational outlier model to conduct unit root tests which endogenously determines structural break. The empirical results show...
Persistent link: https://www.econbiz.de/10010784316
-existing development gaps in data economies on each country's production and international trade. Raw data as byproducts of consumption can …
Persistent link: https://www.econbiz.de/10014322803
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10014023765
What is the connection between different forms of globalization, economic growth, and welfare? International trade, cross-border capital flows, and labor movements are three areas in which economic historians have focused their research. I critically summarize various measures of international...
Persistent link: https://www.econbiz.de/10014025589
global economic woes is a ¡°consumption driven growth model¡± (which China advocates but has yet to fully implement) because … when there is insufficient consumption, excess savings will remain idle, seek a return from rent or deception, or fund …>Fiscal Policy</li> <li>Trade Policy</li> <li>Currency Policy</li> <li>China and Export Versus Consumption-Driven Growth</li> <li …
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This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and exports, and exploiting...
Persistent link: https://www.econbiz.de/10010229958