Education is a powerful catalyst for the change of a society and plays a crucial role in the development of a nation. In recent years, education has been included as a key component of Human Development Index. As a result, social and regional disparities in educational achievement drag back...

The causal relationship of FDI inflow and GDP growth has pros and cons in several studies. A Positive relationship between these two variables is conventionally supported by some empirical studies though there are still conflicting view of causality of FDI inflow and economic growth. This study...

The main aim of this contribution is an analysis of the causal relationship between the total energy consumption in the Polish economy and GDP. In order to assure the correctness of computations a third variable – employment – was included in the dataset. Calculations performed for the...

This paper investigates the impact of urban agglomeration on urban economic growth, using static and dynamic panel data approach, based on data of 52 large cities in India for the period 2000 to 2009. The results shows that agglomeration has a strong positive effect on urban economic growth and...

This study investigates the relationship between foreign direct investment and economic growth by using seven years average annual data of 129 countries from the period of 2003 to 2009. Results indicate the significant positive relationships between foreign direct investment and economic growth...

This paper measures the overall inclusive growth of a city by considering changing trends in the key economic variables based on ‘Borda ranking’ and establishes a relationship between city economic growth and overall city inclusive growth. By using data of 52 large cities in India, this...

Nelson Mandela said, “During my lifetime I have dedicated myself to this struggle of the African people. I have fought against White domination, and I have fought against Black domination. I have cherished the ideal of a democratic and free society in which all persons live together in harmony...

The study of the link between debt and growth has been full of debates, both in theory and empirics. However, there is a growing consensus that the relationship is sensitive to the level of debt. Our paper tries to address the question of non linearity in the long term relationship between...

This paper deals with the empirical investigation of causal relationship between financial deepening, economic growth and poverty reduction using quarter frequency data in case of Pakistan over the period of 1972-2011. We applied the ARDL bounds testing approach by incorporating structural...

In this study, we analyze the effects of labor shortage in China on the direction of innovation in the US by incorporating production offshoring into a North-South model of directed technical change. We �find that if offshoring is present (absent) in equilibrium, then a decrease (an increase)...