This paper empirically examines the effect of house price changes on economic growth across provinces in South Africa. The economic impact of house prices is estimated using a panel data set that covers all nine provinces in South Africa from 1996 to 2010. We find that when heterogeneity,...

The paper studies the effect of High Yielding Variety (HYV) of seeds on agricultural yield for the state of West Bengal and, in turn, goes ahead and prepares a postmortem of why, if so, the Òmiracle seedsÓ failed to deliver in West Bengal, as is so often claimed. The results indicate that the...

This paper examines the dynamic relationship between fiscal decentralisation and poverty in South Africa within a panel data framework. The data used covers the period 2005 to 2011 for the eight metropolitan municipalities making a total of 56 observations. We use household consumption...

The paper assesses the existence of the Environmental Kuznets Curve (EKC) hypothesis, across 48 contiguous states of the US, using recent advances in panel data techniques, given the existence of cross-sectional dependence, which in turn, makes reliance on time-series evidence biased. The Common...

The aim of this paper is to analyse the relationship between tourism activity and economic performance for G-7 countries. This paper attempts to answer two questions. Firstly, it will look at whether economic growth causes increased tourism activity for Italy, Canada, Japan, France, the UK, the...

This study applies the recently developed bootstrap panel causality test proposed by Kónya (2006) to investigate the causal link between happiness and smoking using per capita cigarette consumption and happiness index for 5 countries (i.e. Japan, France, Germany, the UK, and the US) over the...

This paper analyses the empirical relationship between inflation and growth using a panel data estimation technique, Multiple Regime Panel Smooth Transition Regression (MR-PSTR), which takes into account the nonlinearities in the data. By using a panel data set for 10 African countries that...

This study applies the bootstrap panel causality test proposed by Kónya (2006), which accounts for both dependency and heterogeneity across countries, to test the causal link between population growth and economic growth in 21 countries over the period of 1870-2013. With regards to the...

This paper investigates the effect of remittance inflows on the real exchange rate in Sub-Saharan Africa (SSA) using annual data from 1980 to 2008 for 34 SSA countries, generalised method of moments by Arellano and Bover (1995) and feasible generalised least squares by Parks (1967) and Kmenta...