, imports, and per capita GDP growth to a “global” aid shock. We find that a global aid shock can affect exports, imports, and … ambiguous results in the existing literature. For most countries in the sample, when aid reduces exports and imports, it also … reduces growth; and, when aid increases exports and imports, it also increases growth. This evidence is consistent with a DD …

lower investment and exports compared with other small island states, but greater political stability, catch-up effects from …

would also facilitate a reduction in inflation, which would moderate gold imports and favorably impact real exchange rate …

trade, the panel analysis employs cointegration techniques to obtain reliable point estimates of EMU trade effects. Cross …