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The causality between energy consumption and real income in developed countries has been a very vital research topic in recent years. Raising concerns about climate change and global warming increase the pressure on policy makers to take action against energy depletion. Unfortunately these...
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Corruption undermines economic development and therefore it is one of the major factors hindering economic growth and political stability, especially in the developing countries. Studies in recent years show that countries with rich natural resources have the potential to shape corruption....
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This paper examines the J-curve hypothesis for Australia, Canada, New Zealand and the UK. Applying the vector error … depreciation in several different patterns in the short run. There is lack of support for a J-curve for Australia, Canada, and the … UK. In the long run, real depreciation improves the trade balance for Australia, Canada, and New Zealand and does not …
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The compensation hypothesis predicts a positive causation from international economic openness to the size of the public sector, as governments step in to perform a risk mitigating role to counterbalance the increasing exposure to external risk and the economic dislocations caused by growing...
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that have relatively similar backgrounds and tax systems: Australia, Canada, New Zealand, the UK, and the US. The first …
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