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a long-term perspective of almost 170 years. Exports seem to have played a positive, though modest, role in promoting … sector. The contribution of exports to growth, however, seems to have been stronger in the final years of the 19th century …
Persistent link: https://www.econbiz.de/10012155352
This study analyses the growth effects of financial market instruments in Ghana between 1991 and 2017. We use the ARDL bounds testing approach to analyse data on real GDP per capita, monetary policy rate, treasury bill rate, stocks traded, bank credits, stock turnover, market capitalisation,...
Persistent link: https://www.econbiz.de/10012389145
We study the role of productivity convergence and financial conditions in the recent growth experience of Hungary. We build a stochastic, small-open economy growth model with productivity convergence, capital accumulation and external borrowing. Using empirically identified processes for...
Persistent link: https://www.econbiz.de/10012290297
Tourism is vital to the success of many economies worldwide and has been a widely researched area for many years. Unfortunately, an insufficient number of studies have been conducted on this subject in the context of Saudi Arabia. Therefore, this research investigates the role of tourism in...
Persistent link: https://www.econbiz.de/10013199855
before and after the start of the Second World War. To this end, we perform Granger-causality tests between exports and GDP …, and between imports and GDP, following the novel methodology of Juodis et al. (2021) for panel data models with large …
Persistent link: https://www.econbiz.de/10014438994
This study examines the time series behavior of investment in physical capital, human capital (comprising education and health) and output in a co-integration framework, taking growth of primary gross enrolment rate and a dummy for structural adjustment programme (openness which has been...
Persistent link: https://www.econbiz.de/10010289391
The recent slowdown of the People's Republic of China (PRC) has led to question to what extent the PRC demand of commodities can have an impact on commodity prices. We take into account the fact that commodity prices are characterized by structural breaks, and to this end we make use of novel...
Persistent link: https://www.econbiz.de/10011725566
liberalisation involved in the North American Free Trade Agreement (NAFTA) on exports, imports and the balance of payments in Mexico …. The main empirical results suggest that the trade reforms during the mid-1980s had a significant impact of trade, exports … and imports; however, the effects of NAFTA are negligible. Since the mid-1980s, the propensity to import has exceeded the …
Persistent link: https://www.econbiz.de/10010290694
growth. Except for the use of exports to measure trade openness, using openness index and imports to proxy for trade openness …, more openness, exports and imports lead to increased economic growth. This implies that a significant proportion of … economic growth in Uganda has been due to short-run increase in the country's openness, more exports and imports. This paper …
Persistent link: https://www.econbiz.de/10014001578
dependence of carbon dioxide emissions on macroeconomic indicators such as gross domestic product, exports, imports, inflation … focus on conducting a multi-econometric study of the impact of macroeconomic factors (gross domestic product, exports …, imports, inflation, and unemployment) on CO2 emissions in the EU region. Systematization, empirical comparative analysis, and …
Persistent link: https://www.econbiz.de/10014461876