Purpose – The purpose of this paper is to determine the relationship between inflation, inflation uncertainty, growth … and growth uncertainty for Australia. Design/methodology/approach – Multivariate EGARCH models has been used to estimate … the relationship between inflation, inflation uncertainty, growth and growth uncertainty for Australia. Findings – Using …

endogenous growth retains its relevance for the contemporary problems facing developing countries today. Also, seen from the …

estimation showed that productivity growth and inflation are an econometrically endogenous variable and this suggests that bi …-directional causality from inflation to productivity growth and vice versa exists. …

growth in mainland China over the period 1950-1991. The results show that defence spending is not cointegrated with the real … economic growth rate, implying the lack of any long-run equilibrium relationship between the two variables. In addition …

This paper reviews one of the crucial issues in the recent growth literature concerning the hypothesis of cross country … convergence of levels and growth rates of income per capita implied by the neo-classical growth model, both in the Solow-Swan and … Rampsey-Cass-Koopmans versions. The alternative endogenous growth models, consistent with permanent income inequality, are …

Uses parametric Granger causality techniques to test whether trade acted as an engine of growth during the period 1971 …. Superexogeneity tests were applied to the conditional growth and the marginal trade policy models derived by the application of … trading regime in the mid-1980s undermined the structure of Australian trade growth dynamics as foreshadowed in the Lucas …

Proposes to re-examine empirically the causal relationship between defence spending and economic growth in mainland … defence spending to economic growth. Second, by evaluating a dynamic vector error-correction model, variance decomposition and … and economic growth. The results broadly indicate that defence spending and economic growth did share a common trend over …

growth determinant. Public capital, it is argued, has a positive effect on private sector output, productivity and capital …

(TFP) growth, thereby reflecting limited potential for long-term growth. Examines the validity of this statement for the … services sector, which is an important engine of growth for Singapore. This is done using panel data with a stochastic frontier … model, which, unlike the conventional growth accounting model used by previous studies, not only decomposes output growth …

confirm the Bundesbank’s claim that monetary growth runs ahead of fluctuations in nominal income in Germany. That is, the …