Transport capital is, theoretically, a key ingredient in the process of economic advancement. However it has, arguably, not benefited from the due attention of policy makers. In particular, the empirical literature has hardly dealt with small developing economies like Mauritius. The present...

This paper analyses the role of infrastructure availability, particularly with respect to transportation, in determining the attractiveness of Foreign Direct Investment (FDI) inflows for the case of thirty-three African economies. Using both the static and dynamic panel data approach, available...

Using a dynamic vector error correction model, catering for dynamic, endogeneity and causality issues, the present study addresses the important question of whether foreign direct investment in the manufacturing sector enhances the productivity of the sector in Mauritius using time series data...

Using growth accounting framework and panel data analysis, while accounting for dynamics and endogeneity issues in growth modelling, this paper analyses the sources of growth in selected COMESA member countries. The growth accounting suggests a moderate level of TFP and that the contribution of...

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Purpose – The purpose of this paper is to test the hypothesis that there exists a positive link between financial development and economic growth in island economies. Design/methodology/approach – To study this relationship both static and dynamic panel data techniques (GMM) are used for a...

The existing literature has dealt inadequately with the link between education and economic growth in developing countries, particularly for Africa which has experienced a massive growth of enrolment at all levels of education during the second half of the 20th century. Moreover, the issues of...

This study attempts to examine the risk-adjusted returns of listed mutual funds over a ten-year period from January 1996 to December 2005 using daily, weekly and monthly data on the Stock Exchange of Mauritius (SEM). Using daily data, the Jensen’s Alpha, the modified Jensen alpha, the...

The article investigates the dynamic empirical link between financial development and economic performance for the case of the developing small island state of Mauritius using a unique time-series data set over the period 1952 to 2004. The analysis was performed using two different proxies for...