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Falling behind, forging ahead and falling behind again : Thailand from 1870 to 2014

Booth, Anne - In: Economies : open access journal 4 (2016) 1, pp. 1-17

The paper argues that Thailand's economic and social development from the late 19th century to the early 21st century presents a puzzle. For much of the period from 1870 to 1940, the country's economic growth was slow, and the economy remained agricultural, with little diversification into...

Persistent link: https://www.econbiz.de/10011447970

Foreign direct investment, trade, and economic growth : an empirical analysis of Bangladesh

Hussain, Mohammed Ershad; Haque, Mahfuzul - In: Economies : open access journal 4 (2016) 2, pp. 1-14

The study reveals that there is a relationship between foreign direct investments, trade, and growth rate of per capita GDP for Bangladesh with the help of annual time series data for 1973 to 2014. The Vector Error Correction Model (VECM) analysis shows that there is a long-term relationship...

Persistent link: https://www.econbiz.de/10011499650

The role of tourism in economic growth : empirical evidence from Saudi Arabia

Naseem, Sana - In: Economies : open access journal 9 (2021) 3, pp. 1-12

Tourism is vital to the success of many economies worldwide and has been a widely researched area for many years. Unfortunately, an insufficient number of studies have been conducted on this subject in the context of Saudi Arabia. Therefore, this research investigates the role of tourism in...

Persistent link: https://www.econbiz.de/10012618903

Public spending, income inequality and economic growth in Asian countries : a panel GMM approach

Gnangoin, Yobouet Thierry Bienvenu; Du, Liangsheng; … - In: Economies : open access journal 7 (2019) 4/115, pp. 1-15

This paper offers an empirical examination of the relationship between government spending’s, income inequality, and economic growth by using the case of 19 Asian countries from 2002 to 2017. For this purpose, the paper uses robust difference-GMM estimation and panel granger causality test. We...

Persistent link: https://www.econbiz.de/10012132204

Japan's productivity and GDP growth : the role of private, public and foreign R&D 1967-2017

Ziesemer, Thomas - In: Economies : open access journal 8 (2020) 4/77, pp. 1-25

We analyze the dynamic interaction of Japan's total factor productivity, gross domestic product (GDP) domestic and foreign private and public research and development (R&D) in vector-error-correction models (VECMs) for Japan with data from 1963-2017. Extensive testing leads to favoring a model...

Persistent link: https://www.econbiz.de/10012296324

Investigating how exchange rates impact Japan's machinery exports since 1990

Thorbecke, Willem - In: Economies : open access journal 12 (2024) 6, pp. 1-11

Japan exports sophisticated capital goods. Since the Global Financial Crisis (GFC), Japanese companies have offshored … that a weaker yen no longer stimulates machinery exports much because an increase in Japanese exports increases parts and … Japanese machinery exports to Asia but continues to stimulate exports outside of Asia. Thus, the weaker yen since 2020 does not …

Persistent link: https://www.econbiz.de/10014636078

Export-output growth nexus using threshold VAR and VEC models : empirical evidence from Thailand

Arisara Romyen; Liu, Jianxu; Songsak Sriboonchitta - In: Economies : open access journal 7 (2019) 2/60, pp. 1-16

This paper explores the relationship between export, import, and output for Thailand over the period from 1990 to 2017. The threshold vector autoregressive (VAR) and threshold vector error correction (VEC) models were applied. The empirical evidence confirms that the export-led growth hypothesis...

Persistent link: https://www.econbiz.de/10012021578

Trade openness and economic growth in Turkey : a rolling frequency domain analysis

Çevik, Emrah İ.; Atukeren, Erdal; Korkmaz, Turhan - In: Economies : open access journal 7 (2019) 2/41, pp. 1-16

Taking Turkey's experience as a case study, this study provides further insights into the evaluation of time-varying Granger-causal relationships in the trade openness and economic performance nexus. We reinvestigated the Granger-causal relationships between trade openness and real economic...

Persistent link: https://www.econbiz.de/10012021661

The impacts of domestic and foreign direct investments on economic growth in Saudi Arabia

Belloumi, Mounir; Alshehry, Atef Saad - In: Economies : open access journal 6 (2018) 1, pp. 1-17

This paper investigates the causal links between domestic capital investment, foreign direct investment (FDI), and economic growth in Saudi Arabia over the period 1970–2015 by using the autoregressive distributed lag (ARDL) bounds testing to cointegration approach. The fully modified ordinary...

Persistent link: https://www.econbiz.de/10011853654

Does FDI really matter to economic growth in India?

Choi, Yoon Jung; Baek, Jungho - In: Economies : open access journal 5 (2017) 2, pp. 1-9

The main contribution of this article is to examine the productivity spillover effects from India’s inward foreign direct investment (FDI), controlling for trade, in the framework of the cointegrated vector autoregression (CVAR). For this purpose, using the Solow residual approach the...

Persistent link: https://www.econbiz.de/10011754019

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