This study examines causal relationship between foreign direct investment (FDI) inflows and economic growth in Tanzania during 1990-2020. As financial development and trade were not incorporated in extant studies, we included them as intermediate variables because of their intermediation role in...

This paper investigates the impact of long-run government expenditure and economic growth in different states in South Africa. Economic growth has been below the policy target of 5% stipulated in the National Development Plan Vision 2030, while government expenditure growth has been volatile but...

Even though the Paris Agreement and the Sustainable Development Goals say that low-carbon economic growth is essential, more research must be done to determine how the tourism sector affects carbon productivity. So, to see if increased energy usage, tourism, and economic growth jointly raise...

Democracy is an essential aspect in national-level governance to safeguard human rights and provide equal distribution of wealth among citizens that are also expected to bolster more rapid economic growth. However, the extant literatures show mixed result in providing evidence of how democracy...

In Indonesia, fiscal decentralisation has been implemented for two decades, and it is expected that the regions will have a sufficient level of independence to increase economic growth and welfare. This study investigates the influence of fiscal decentralisation and human development on regional...

The recent twin crises of the COVID-19 pandemic and the Russia-Ukraine war have caused global economic effects, with gross variation, across countries. Evidently, higher self-sufficient economies with more effective economic performances faired relatively better with these shocks. This calls for...

Using the happiness survey data, a robust body of literature has supported that people's subjective well-being is related to economic growth, employment, and inflation. Motivated by "Happiness Economics," this paper focuses on financial satisfaction, a proxy of subjective well-being. It examines...

Ghana has a lengthy history of accumulating public debt, primarily driven by the expansion of fiscal deficits. This has resulted in a persistent increase in the public debt ratio, as the country borrowed both externally and internally to stimulate economic growth and augment its capital stock....

The main objective of this study is to empirically investigate the impact of foreign direct investment on economic growth of Ethiopia by using a time series data for the period 1992-2019. Other explanatory variables like trade openness, human capital, national saving and gross capital formation...

This research aims to identify the impact of agriculture, forest and fishing value-added on international business, capital flow, and economic growth for India from 2000 to 2022, by examining short-term and long-term equilibrium using the Auto Regressive Distributive lag (ARDL) approach....