Showing 1 - 10 of 440
This paper investigates the feasibility of creating a common-currency union consisting of 16 countries in Southern Africa. We estimate an augmented-gravity model that includes public deficit, public debt, public expenditure, inflation, and the foreign reserves position. We also integrate...
Persistent link: https://www.econbiz.de/10003879350
This study examines the dual impact of Foreign Direct Investment (FDI) on sustainable economic growth in Asia, focusing … while FDI positively influences Green GDP growth, it concurrently exacerbates GHG emissions and reduces EPI scores. These … results underscore the paradoxical role of FDI in fostering economic growth while posing environmental challenges. The study …
Persistent link: https://www.econbiz.de/10015402660
returns to foreign investment at very high level of corruption, giving rise to negative or even an insignificant relationship …
Persistent link: https://www.econbiz.de/10010195528
We exploit time and spatial variation generated by the commodities boom to measure the effect of natural resources on human capital formation in Peru, a country with low governance indicators. Combining test scores from over two million students and district-level administrative data on mining...
Persistent link: https://www.econbiz.de/10011704263
This paper analyzes the role of networks in the spatial diffusion of local economic shocks in Africa. We show that road and ethnic connectivity are particularly important factors for diffusing economic spillovers over longer distances. We then determine the key players, i.e., which districts are...
Persistent link: https://www.econbiz.de/10012194175
The creation of job opportunities for the increasingly educated youth population is a major current policy challenge in sub-Saharan Africa, even though very little is known about the extent to which young workers in the region are satisfied with the employment they currently have. This paper...
Persistent link: https://www.econbiz.de/10011810162
The Southern African Development Community (SADC) countries are rich in natural resources and in most of them their … indirect impacts that the extractive industries in the SADC countries have on their economic growth. The study also examines … the hypothesis of economic convergence. Its empirical results are based on data from the 11 founding SADC countries …
Persistent link: https://www.econbiz.de/10012266066
Production of commodities based on open-access renewable natural resources (NR) has usually been examined under "low" congestion (LC) - where MC AC and both increase with output. I identify two additional congestion categories, "high" (HC) and "super" (SC) congestion - where AC is...
Persistent link: https://www.econbiz.de/10012286195
Numerous developing economies depend vitally on renewable natural-resource (NR)-based commodities. This study develops a general equilibrium model to examine the steady-state impact of changes in a small economy's NR congestion under open access and optimal regulation. This issue has often been...
Persistent link: https://www.econbiz.de/10012509173
Many developing countries depend crucially on open-access renewable natural resources (NR). Trade is generally viewed as hurting the long-term health of NR in commodity-exporting countries. I examine whether trade might be beneficial in the case of population growth. Dynamic general equilibrium...
Persistent link: https://www.econbiz.de/10015044989