This articles emphasizes the important role of human capital, manufacturing and imports to increase real income per inhabitant and non-agrarian employment. Some researchers specialized in economic growth analyse the export-led growth in many countries and insist upon the importance of openness...

To achieve the United Nations MDGs (Millennium Development Goals) in less developed Asian countries it is required to increase international cooperation to reach higher educational level of population and investment per head. In this article we analyze the evolution of economic development and...

We analyse the evolution of economic development of countries of Asia and Pacific for the period 2000-2010, and present the estimation of a cross-section model of 30 countries in year 2010, in order to relate economic development with manufacturing and investment. We compare the results of...

This paper investigates the possibility of export-led growth and growth-driven export by testing for Granger causality between the logarithms of real exports and real GDP in twenty-five OECD countries. Two complementary testing strategies are applied. First, depending on the time series...

We compare the economic development of Asia-Pacific countries in the 20th century with world average, and analyse the evolution of education, fertility, population and economic growth in Asia-Pacific countries at the end of the 20th century, showing that, after centuries of slow economic...

We analyse the evolution of Private Consumption on Health, having into account that there are substitution effects between public and private expenditure in OECD countries. From the analysis of the evolution of these variables our main conclusion is that the increase of expenditure on Health,...

We analyze the main positive effects of human capital on economic development, having into account direct and indirect relationships between the educational level of population and real Gdp per inhabitant through the production function, demographic evolution, industrial development, foreign...

We analyze economic development in Philippines for the period 1990-2006, with special focus on inter-sectoral relationships and the role of foreign trade. We analyze the evolution of real value added of Agriculture, Manufacturing, Industry and Services, and we present an econometric model which...

This study analyses inflation, money supply and output growth in Indonesia during 1950-2002. We develop a monetary model of inflation and uses it as a theoretical basis for this study, by the estimation of the cointegration-and error-correction models of inflation.

Using multivariate cointegration analysis, this paper investigates the long run and short-run relationships between the agriculture, industry and service sectors for Barbados over the past five decades. Sectoral real output is analysed in two sub-periods: 1946 to 1969 and the years 1970-2003....