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This study examines the role of trade openness and foreign direct investment in influencing economic growth in Malaysia during 1975-2005, using the Bounds testing approach suggested by Pesaran et al. (2001). The empirical results demonstrate that trade openness is positively associated and...
Persistent link: https://www.econbiz.de/10005619827
This paper empirically investigates the impact of trade and financial liberalization on economic growth in Pakistan using annual observations over the period 1961-2005. The analysis is based on the bound testing approach of cointegration advanced by Pesaran et al (2001). The empirical findings...
Persistent link: https://www.econbiz.de/10005835821
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
Inward FDI to the middle-income countries has the evidence as a major stimulus to the economic growth; conventionally … capital formation, foreign reserve, infrastructure etc. accelerates the FDI inflows. This study reviews the long-run trend on … the time scale of FDI to Bangladesh over the period 1975- 2006 and major factors determining foreign companies' decisions …
Persistent link: https://www.econbiz.de/10008498499
the growth dynamics. This study intends to see whether the growth in FDI has any significant impact on the service sector … a significant positive impact of the FDI on services sector and this service sector growth has in turn a significant … sector. Therefore FDI can be truly be used as a propagator of economic growth, via its favourable effect on the growth in the …
Persistent link: https://www.econbiz.de/10009004060
The relationship among remittances, foreign direct investments (FDI), exports and economic growth is known to have an …. FMOLS and DOLS estimation analysis reveals a positive impact of capital, remittances, exports, and FDI on economic growth … Granger cause growth and FDI Granger cause exports. Feedback causality is also confirmed between remittances and capital in …
Persistent link: https://www.econbiz.de/10011109180
This study analyzes the cross-country effects of monetary policy on innovation and international technology transfer. We consider a scale-invariant North-South quality-ladder model that features innovative R&D in the North and adaptive R&D in the South. To model money demand, we impose...
Persistent link: https://www.econbiz.de/10011112137
A model that merges the monetary approach to the balance of payments and a neoclassical growth model into a unified framework in which inflation, growth, and the balance of payments are simultaneously determined and estimated. The tradeoff between the simplifying assumtions of the model and its...
Persistent link: https://www.econbiz.de/10005619504
This study aims to investigate the role of economic growth and inflation in explaining the prevalence of poverty in Pakistan. ARDL bound testing approach to co-integration confirms the existence of long run relationship among the variables of poverty, economic growth, inflation, investment and...
Persistent link: https://www.econbiz.de/10009360276
developing economies is that FDI positively affects total factor productivity in both cases. … types of capital inflows) stimulate economic growth. In particular, the results indicate that higher levels of FDI inflows … economies, I find that higher levels of both FDI and Portfolio-type inflows improve GDP per worker growth, but that only the …
Persistent link: https://www.econbiz.de/10008543498