Showing 1 - 10 of 177
This paper studies whether and how capital investment and economic freedom jointly endogenize economic growth. The … the crucial role of both domestic and foreign capital investment and economic freedom for rapid growth. Countries that … improve economic freedom and that bolster capital investment tend to experience faster growth. The domestic investment rate …
Persistent link: https://www.econbiz.de/10005125031
- income countries for the period 1980-2002 and then project investment needs in these sectors until 2010. Our projections …
Persistent link: https://www.econbiz.de/10005125863
In this paper we empirically analyse the linkages among growth, investment and reforms in the South East Asian … capital and structural reforms for the growth prospects of the economies. These factors have shown a strong effect on growth … and have contributed greatly to the growth process for north Africa countries and the non CFA sub Sahara African countries …
Persistent link: https://www.econbiz.de/10005556730
investment performance of each state. The main focus is on the analysis of the legislation related to the promotion and …
Persistent link: https://www.econbiz.de/10005118790
This paper examines the empirical validity of purchasing power parity (PPP) hypothesis in a Sri Lankan context using exchange rates for six foreign currencies during the period January 1986 to November 2000. Both graphical and econometric methods are used in the analysis. Graphical analysis...
Persistent link: https://www.econbiz.de/10005124911
By applying the newly developed nonlinear stationary test advanced by Kapetanois et al. [Journal of Econometrics 112 (2003) 359 - 379] in examining the stationary property of 11 Asian real exchange rates, this paper rejects unit root in 8 US dollar based and 6 Japanese yen based rates, whereas...
Persistent link: https://www.econbiz.de/10005125552
We apply BEER and PEER approaches to calculate real equilibrium exchange rates for five EU accession countries in central and east Europe. Bilateral nominal equilibrium exchange rates against the euro are obtained through algebraic transformation of the results. Panel cointegration techniques...
Persistent link: https://www.econbiz.de/10005126284
The object of the paper is to explain Latin America’s growth slowdown experienced in 1998/99. To do so we used two …
Persistent link: https://www.econbiz.de/10005126407
This paper tests the PPP hypothesis using improved unit root tests. Tests for mean-reversion in real exchange rates for India during the recent (managed) float period yield evidence of mean-reversion in the real exchange rate series constructed with the consumer price index as deflator as well...
Persistent link: https://www.econbiz.de/10005062698
Purchasing power parity (PPP) hypothesis has attracted a lot of attention from academics and policy-makers particularly, during the recent float. Most previous studies used data from the developed world. This study examines the validity of the PPP hypothesis using data during the recent float...
Persistent link: https://www.econbiz.de/10005408175