under the framework of Granger causality and panel cointegration for Pakistan over the period 1981-2008. The result supports …-way causality between FDI and GDP is identified. At the sectoral level, the effects of FDI on growth vary significantly across … th e evidence of panel cointegration between FDI and output. FDI has a positive effect on output in the long run. The …

The paper aims to enhance the existing literature on the debt-growth nexus by analysing the relationship in two … approach that allows for heterogeneity in the causal relationship between debt and growth. Irrespective of the debt measure … procedures. The extreme bounds analysis shows that the relationship between a debt measure and economic growth is robust to …

paper, limiting our focus to the Southeast Asian economies (viz. Indonesia, Malaysia, Thailand and the Philippines), we …

is also placed in the context in East Asia, noticeably, Thailand. …

The Philippine domestic economy shrunk to 3.7 percent in 2011, after a growth of 7.6 per cent in 2010. Outlook for 2012 … spending. However, downside risks to growth persist with the global recovery poised to remain slow and uncertain. [ER-12 …

and results. The focus is on the ASEAN–5 plus 3 or APT economic group (i.e. Indonesia, Thailand, Malaysia, Philippines …

the Granger causality test, it is found that the price in one region either causes or affects prices in another region …. The cointegration test suggest that regional markets are integrated. Long-run relationships are also shown to be …