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Global imbalances: an unconventional view
Popov, Vladimir - Volkswirtschaftliche Fakultät, … - 2010
Maintaining today’s global imbalances would help to overcome the major disproportion of our times – income gap between developed and developing countries. This gap was widening for 500 years and only now, in the recent 50 years, there are some signs that this gap is starting to decrease. The...
Persistent link: https://www.econbiz.de/10008805852
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Effects of Terms of Trade and its Volatility on Economic Growth: A Cross Country Empirical Investigation
Syed tehseen, jawaid; Abdul, waheed - Volkswirtschaftliche Fakultät, … - 2011
This study examines the effects of terms of trade and its volatility on economic growth for a sample of 94 developed … estimation results indicate significant positive effect of terms of trade on economic growth. Furthermore, volatility of terms of … has been performed using different additional variables, sample size and various proxies of volatility variable. The …
Persistent link: https://www.econbiz.de/10009203631
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Does Black’s Hypothesis for Output Variability Hold for Mexico?
Macri, Joseph; Sinha, Dipendra - Volkswirtschaftliche Fakultät, … - 2007
Using two data series, namely GDP and the index of industrial production, we study the relationship between output variability and the growth rate of output. Ng-Perron unit root test shows that the growth rate of GDP is non-stationary but the growth rate of industrial output is stationary. Thus,...
Persistent link: https://www.econbiz.de/10005835862
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Intergenerational complementarities in education, endogenous public policy, and the relation between growth and volatility
Palivos, Theodore; Varvarigos, Dimitrios - Volkswirtschaftliche Fakultät, … - 2011
, growth volatility emerge. This indeterminacy can be eliminated by an institutional mechanism that commits to a minimum level … growth path, we argue that such structural differences can account for the negative correlation between volatility and growth. …
Persistent link: https://www.econbiz.de/10009132733
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Terms of Trade Volatility and Economic Growth in Sub-Saharan Africa
Awel, Ahmed Mohammed - Volkswirtschaftliche Fakultät, … - 2012
This paper investigated the effect of terms of trade growth and its volatility on economic growth in Sub-Saharan Africa … effect on economic growth. Furthermore, the result proved that volatility of net barter terms of trade and income terms of … volatility measures. …
Persistent link: https://www.econbiz.de/10011107298
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Effects of terms of trade and its volatility on economic growth in India
Jawaid, Syed Tehseen; Raza, Syed Ali - Volkswirtschaftliche Fakultät, … - 2012
This study investigates the effect of terms of trade and its volatility on economic growth in India by using the annual … between terms of trade and economic growth. On the other hand, volatility of terms of trade has negative and significant … exports to minimize the volatility in terms of trade to ensure economic growth in the country. …
Persistent link: https://www.econbiz.de/10011111036
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Growth volatility and trade: evidence from the 1967-1975 closure of the Suez Canal
Parinduri, Rasyad - Volkswirtschaftliche Fakultät, … - 2012
This paper examines the effects of trade on economic growth and growth volatility. Using the 1967-1975 closure of the … recession or economic slowdown. There is no evidence that trade reduces growth volatility, however. …
Persistent link: https://www.econbiz.de/10011112311
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Assessing the Impact of Ease of Doing Business and Corruption on Economic Growth for Africa Free Trade Zone (AFTZ) Member States
Bonga, Wellington Garikai - 2018
A positive economic growth is one crucial macroeconomic objective of every nation. Many countries have formed regional as well as international trading blocs in an attempt to enhance economic growth and maximise welfare of each member state, the AFTZ member states are not an exception. This...
Persistent link: https://www.econbiz.de/10012910879
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Do Sufficient Institutions Alter the Relationship between Natural Resources and Economic Growth?
Zeynalov, Ayaz - 2014
The purpose of this paper is to test whether institutional governance and its performance is a main driving force to achieve a positive relationship between natural resources and economic growth in the long run. The main objective is to ascertain what kind of institutional governance would be...
Persistent link: https://www.econbiz.de/10013056564
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Revisiting the Relationships Between Non-Renewable Energy Consumption, CO2 Emissions and Economic Growth in Iran
Nasre Esfahani, Mohammad - 2016
Exploring the short-run and long-run relationships between consumption of various sources of non-renewable energy, economic growth and carbon dioxide (CO2) emissions would be considered as a golden key to provide rational energy policies of Iran in the post sanctions era. The aim of this paper...
Persistent link: https://www.econbiz.de/10012992709