The paper analyses the role of food price movements in inflation within the Lesotho's economy. The results reveal that food inflation has generally not only been more volatile and higher than non-food inflation, but also more persistent than the inflation of non-food products. Furthermore, food...

In this paper, we examine the causal relationship between export growth and economic growth. The causal relationship between exports and economic growth has been a subject of extensive debate in recent years. There are currently three dominant views regarding the relationship between exports and...

In this study, we examine the causal relationship between government expenditure and economic growth - using the recently developed ARDL-bounds testing approach. The causal relationship between government expenditure and economic growth has been a subject of extensive debate in recent years....

In this study we examine the dynamic causal relationship between foreign direct investment (FDI) and economic growth in Zimbabwe using the modern time-series techniques. Specifically, we employ the ARDL-bounds testing approach to examine the FDI-growth linkage. We also employ the...