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under the framework of Granger causality and panel cointegration for Pakistan over the period 1981-2008. The result supports … result also supports the evidence of long-run causality running from GDP to FDI, while in the short run, the evidence of two …-way causality between FDI and GDP is identified. At the sectoral level, the effects of FDI on growth vary significantly across …
Persistent link: https://www.econbiz.de/10009393985
The paper aims to enhance the existing literature on the debt-growth nexus by analysing the relationship in two separate country groups using the extreme bounds analysis for sensitivity tests and the mixed, fixed, and random coefficient approach that allows for heterogeneity in the causal...
Persistent link: https://www.econbiz.de/10008691809
This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and foreign direct investment (FDI), with reference to its implications on economic growth. For the empirical analysis we use data from 23 major countries with...
Persistent link: https://www.econbiz.de/10008725987
using VAR, Granger causality, variance decomposition (VD) and impulse response function (IRF) are examined. Mixture of …
Persistent link: https://www.econbiz.de/10008543098
National Food Authority's (NFA) twin mandate of price stabilization and food security has cost the government billions of pesos in losses over the past few decades. As such, there is a need to reexamine the NFA to determine whether the benefits gained from its continued operation justifies the...
Persistent link: https://www.econbiz.de/10009651098
The FRBM Act was reflective of the shared commitment across political parties towards fiscal conservatism. A decade later, the picture, as reflected in the Union Budget, is yet to change for the better. And given the interests that the current Government represents, a real departure from the...
Persistent link: https://www.econbiz.de/10010945244
The PAISA exercise uses planning and budgeting systems as the entry point, it is an attempt to build an empirical understanding of current governance processes at the grassroots to push for a larger debate on state capacity and administrative capability for building an education delivery...
Persistent link: https://www.econbiz.de/10010945413
A review and extended discussion is presented of The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice and Lives by Deirdre McCloskey and Stephen Ziliak, a work that raises important issues related to the practice of statistics and that has been widely commented...
Persistent link: https://www.econbiz.de/10010945474
The paper lays out a consistent frame work for monetary management in the context of excess capital inflows. There is …
Persistent link: https://www.econbiz.de/10005341786
natural resource management. It calls for building on the existing governance instruments that are diverse from regulation to …
Persistent link: https://www.econbiz.de/10005341827