Few studies in the literature have dealt with the causality between fixed investment and economic growth. This study investigates the causal nexus of fixed investment and economic growth for a number of industrialized countries by constructing a vector autoregression (VAR) model for each...

In this paper we use the Johansen and Juselius cointegration technique t examine the long-run convergenCe between the trade balance and the terms o trade, using quarterly data from Sweden. The results show that the trade balance and the terms of trade are cointegrated in the long run and the...