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capitalization causes economic growth while an increase in trade openness decreases it and vice versa. Furthermore, there exist short …-run bidirectional negative causations between economic growth and trade openness. However, the short-run phenomena are temporary. Based … capitalization and trade openness if the long-run target is to achieve high economic growth rate. …
Persistent link: https://www.econbiz.de/10011108181
not causes economic growth while trade openness negatively cause it. Furthermore, there exist short-run bidirectional … negative causations between economic growth and trade openness. However, the short-run phenomena are temporary. The long … and trade openness if the long-run target is to achieve high economic growth rate. …
Persistent link: https://www.econbiz.de/10011111383
openness, national income growth and total investment. Furthermore, empirical results of Granger causality confirm that there … exists unidirectional causality between economic growth and investment; between trade openness and economic growth; and … between economic growth and investment; and between trade openness and economic growth while contradicts with that between …
Persistent link: https://www.econbiz.de/10009401344
This paper examines the dynamic causal linkages between electricity consumption and economic growth in Nigeria within a … consumption to economic growth: both in the short run and in the long run. This finding supports the electricity-led growth … hypothesis, as documented in the literature. The paper urges policy-makers in Nigeria to implement policies which enhance the …
Persistent link: https://www.econbiz.de/10011114051
it to the countries with the same conditions of market growth, particularly, it is useful to compare the Ukrainian …, Lithuania, Estonia, and Latvia. The growth rates of the market capitalization volume in the said countries and the index …
Persistent link: https://www.econbiz.de/10011259981
This study investigates the impact of foreign capital inflows and economic growth on stock market capitalization in … Pakistan by using the annual time series data from the period of 1976 to 2011. The ARDL bound testing cointegration approach …’ remittances and economic growth have significant positive relationship with the stock market capitalization in long run as well as …
Persistent link: https://www.econbiz.de/10011259536
growth as it “opens up” is contingent upon its own peculiarities …
Persistent link: https://www.econbiz.de/10008869269
This paper investigates the linkages between trade policy openness and economic growth for Pakistan for the period 1973 … to 2008. The paper tests the hypothesis that trade policy does not affect economic growth directly rather it affects … through some growth determining economic variables, which then effect economic growth. For this purpose a simultaneous system …
Persistent link: https://www.econbiz.de/10008531927
on economic growth is affected by wealth inequality. The results suggest (a) that opening to trade tends to accelerate … growth but (b) that the addition to growth depends inversely on the level of wealth inequality prior to opening. These … findings confirm the general importance for rapid growth in developing countries of reducing inequalities of opportunity. …
Persistent link: https://www.econbiz.de/10005034586
This paper investigates the determinants of FDI in Nigeria, which is poor in terms of income but rich in natural … resources. This study is an extension of our earlier work (Dinda 2012). Incorporating emerging trade partners of Nigeria in VECM … this paper re-examine the factors determining FDI inflow to Nigeria in this globalized era. The economic activity of the …
Persistent link: https://www.econbiz.de/10011107412