This paper reassesses the dynamic links between trade and growth in India during the post-independence period. The main result is a short-run bi-directional relationship between exports and output growth. This finding is supported both by standard Granger causality tests, and by an alternative...

The study analyses the long run equilibrium and short run dynamic relationship among real exports, real imports and real income in India for the period 1951-52 to 1995-96. The long run relationship is examined using both the Engle-Granger (1987) two-step and the Johansen (1991)...

The objective of this study is to examine the impact of exchange rate on Nigeria’s trade balance. Time series data on trade balance, external reserves, exchange rate, money supply and real GDP were used in the analysis and the data were subjected to unit root tests to determine their time...

The trend toward privatization has been an issue of a long debate. Some reflecting ideological overtones, some having a more pragmatic concern that the private sector can deliver goods and services more efficiently and effectively. From the standpoint of reducing poverty and promoting economic...

Among the 14 Pacifi c island countries, (PICs) Fiji, with its relatively better endowments in land and human resources as well as physical infrastructure, has been one of the ten favourite destinations of foreign direct investment (FDI) in Asia-Pacifi c. The gains from FDI include not only...

This study attempted to quantify the relationship between international trade and overall economic performance in Nigeria. Specifically, this study examined the correlation between economic growth and each of export performance and import penetration, as well as the effect of export performance,...

Maizels (1968) hypothesizes that exports contribute more to savings than the non-export part of GDP. In this paper, we study the Maizels’ hypothesis for 17 African countries using time series data. The study finds general support for the Maizels’ hypothesis.

This study empirically investigates the impacts of central government budget deficits and economic freedom on per capita real economic growth in OECD nations over the period 2006-2012. Economic growth is measured by the percentage growth rate of purchasing-power-parity adjusted real per capita...

The implications of exchange rate regimes on economic growth have received renewed attention in the aftermath of the recent global financial crisis. Creating both bivariate and tripartite regime classifications the present study examines their impact on growth for 156 nations spanning the period...

Lots of studies were produced in the past decade on the importance of the quality of the institutions for economic development. Several authors focused on the indicators provided by Doing Business (World Bank) to highlight the main factors favouring or rather limiting the economic development....