Since the early 1970s, there has been a worldwide upsurge in the price of energy and in particular of gasoline. Therefore, demand functions for energy and its components like gasoline have received much attention. However, since confidence in the estimated demand functions is important for use...

This paper examines how energy-output ratios (EYRs) in Fiji have responded to the major energy crises and in particular if these ratios have declined after the energy shocks. The expectation is that energy efficiency should improve after an energy crisis. For this purpose we have used at first a...

Several studies have examined the relationship between environmental degradation and economic growth. However, most of them did not take into account financial developments and institutional quality. Moreover, Stern [Stern, D., 2004. The rise and fall of the environmental Kuznets curve. World...

This article develops a framework to analyse the determinants of the long term growth rate of Bangladesh. It is based on the Solow (1956) growth model and its extension by Mankiw <italic>et al</italic>. (1992) and follows Senhadji's (2000) growth accounting procedure to estimate Total Factor Productivity (TFP)....

This article estimates the forward looking, backward looking and an extended version of the New Keynesian IS curve for Australia. The validity of these models is investigated by imposing the constraint on real rate of interest as well as when the constraint is relaxed. Two measures of output...

Many studies have estimated the growth effects of globalization where globalization was measured with a few economic variables, ignoring its social and political dimensions. Recently, Dreher (2006) has developed a comprehensive measure of globalization with several variables from the economic,...