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Nigeria, Ghana and Cote d'Ivoire for periods between 1970 and 2010. The threshold value of inflation that could ensure … with estimates that suggest that the threshold level of inflation is between 5% and 10% per annum for Ghana, and 15% per …
Persistent link: https://www.econbiz.de/10011266439
Ghana is presently confronted with persistent budget deficits and burgeoning public debt in excess of 52% of GDP and …'s long term growth and debt sustainability. Though the persistent deficit is a common knowledge, the driving force behind the … and output fluctuations in Ghana. With cyclical component of annual real GDP and fiscal deficit to GDP ratio time series …
Persistent link: https://www.econbiz.de/10011266441
This paper analyses the causal relationship between housing activity and growth in nine provinces of South Africa for the period 1995-2011, using panel causality analysis, which accounts for cross-section dependency and heterogeneity across provinces. Our empirical results support unidirectional...
Persistent link: https://www.econbiz.de/10010944792
The aims of this paper are firstly to access the contribution of foreign direct investment (FDI) to economic growth in countries of the countries CEMAC region, and secondly to show how these foreign investments contribute to the growth of the CEMAC. The basic theory is that of endogenous growth....
Persistent link: https://www.econbiz.de/10010944793
Compared with the previous researches giving scattered and qualitative discussions about the exchange rate expectation China's foreign exchange reserves (FER), this paper conducted an empirical research by adding the exchange rate expectation. Starting from the evolution path of RMB exchange...
Persistent link: https://www.econbiz.de/10010944794
Employing and adjusting conventional productivity measures to represent the (mis)use of natural capital in production processes has recently generated increased interest. However, the literature relating to natural capital and productivity is highly fragmented, at times uses different...
Persistent link: https://www.econbiz.de/10010944796
In this paper, we develop a comprehensive framework to obtain a 'broad definition' of overall public debt stock accumulation in Turkey. To do this first, we identify 'invisible balance' of public sector incurred from politically backed (informal) off-budget debt-creating transactions among...
Persistent link: https://www.econbiz.de/10010944797
Despite the sector's role of sustaining economic growth, there is considerable loss in rose cut flower production due to improper postharvest handling. This study's survey was conducted from first week of February to last week of April, 2011 in three districts of East Shoa Zone, Ethiopia for...
Persistent link: https://www.econbiz.de/10011015112
In response to the growing body of literature on the relationship between the environment and institutions, this study investigates how the rule of law influences the turning point of the environmental Kuznets curve (EKC). Using Bradford et al.'s (2005) and Leitão's (2010) alternative...
Persistent link: https://www.econbiz.de/10011015113
performance of a company and its financial performance measured by stock market value. Belonging to the Dow Jones Sustainability … Index, disclosing a Global Reporting Initiative Sustainability Report and Sustainable Ratings are used as proxies for … sustainability. This article is based on sustainability as a multivariate issue, and exploratory factor analysis is used to model the …
Persistent link: https://www.econbiz.de/10005078515