Showing 1 - 10 of 64
This paper investigates the relationship between private and public investment in R&D, while taking into account the effect of several instruments policies such as subsidies and taxes. We design a new look of knowledge spillovers and R&D cooperation to explain the contribution of public and...
Persistent link: https://www.econbiz.de/10008791563
Zambia was a middle-income country when it achieved independence from Great Britain in 1964. After decades of … international aid Zambia has become a low-income country, and its per capita GDP is only now returning to the levels it had reached … over forty years ago. While aid is far from the only variable at work in Zambia's development, its impact has been …
Persistent link: https://www.econbiz.de/10011025870
Zambia was economically prosperous at independence (1964), due to the thriving copper industry. Zambia has the … economy. Zambia is one of the countries in the southern Africa sub-region faced with a food crisis attributed to a complex …
Persistent link: https://www.econbiz.de/10010618120
This paper investigates hot money inflows in China. The financial liberalization comes into effect and the effectiveness of capital controls tends to diminish over time. As a result, China is fuelled by hot money inflows. The US interest rate cut since 2001 and expectations of exchange rate...
Persistent link: https://www.econbiz.de/10010750509
cointegration without pretesting for ntegration nor for the dimension of the cointegration space. Moreover the latter method is also …
Persistent link: https://www.econbiz.de/10011026173
This paper examines the causality relationship between immigration, unemployment and economic growth of the host country. We employ the panel Granger causality testing approach of Kónya (2006) that is based on SUR systems and Wald tests with country specific bootstrap critical values. This...
Persistent link: https://www.econbiz.de/10010634994
This paper examines the causality relationship between immigration, unemployment and economic growth of the host country. We employ the panel Granger causality testing approach of Konya (2006) that is based on SUR systems and Wald tests with country specific bootstrap critical values. This...
Persistent link: https://www.econbiz.de/10010899864
This paper examines the causality relationship between immigration, unemployment and economic growth of the host country. We employ the panel Granger causality testing approach of Konya (2006) that is based on SUR systems and Wald tests with country specific bootstrap critical values. This...
Persistent link: https://www.econbiz.de/10010899889
The aim of this paper is to study the performance of residual-based tests for cointegration in the presence of multiple … Westerlund and Edgerton (2007). This exercise allow us to cover a wide set of single-equation cointegration estimators. Monte …
Persistent link: https://www.econbiz.de/10010738963
We analyze, in a unified theoretical framework, the two main models for equilibrium exchange rate, namely, the BEER and the FEER approaches. In order to understand the interactions between them, we study in detail the temporal links between these two measures. Our results show that, in average,...
Persistent link: https://www.econbiz.de/10009645460