The paper analyzes the phenomenon of income inequality in ten countries from Eastern and Central Europe (ECE), by highlighting two aspects: (1) the link between growth and income inequality; (2) the effects of trade openess and other key factors on income inequality, such as: foreign direct...

We present a simple model of international trade (IT) and growth. The model yields a unique equilibrium path in which the relationship between exogenous and endogenous variables does not resemble the equations estimated by the empirical literature: Ours are not linear, despite the fact that...

It is generally argued that open trade is crucial for economic growth and development. The economic literature also argues that growth is an important option for reducing poverty in developing countries. The paper analyzed the causality between the trade, growth and poverty for Pakistan using...

This paper examines the relationship between trade openness and economic growth in Bangladesh. Contrary to the previous studies we use the data only for the period after the trade liberalization in the early 1990s. Both cointegration and Granger causality analysis are used to find the short-run...

This paper examines the process of trade liberalisation in Mexico, particularly since the mid-1980s and the signing of the NAFTA agreement, and its impact on economic performance. The average growth of GDP of the Mexican economy since liberalisation has been only one-half the rate...

This study examines trade openness, hydroelectric power production, and foreign direct investment (FDI) nexus on economic growth in Nigeria. Despite efforts toward trade liberalisation, Nigeria's growth remains constrained due to heavy reliance on oil and minerals exports. Furthermore,...

This research aims to identify the impact of agriculture, forest and fishing value-added on international business, capital flow, and economic growth for India from 2000 to 2022, by examining short-term and long-term equilibrium using the Auto Regressive Distributive lag (ARDL) approach....

This paper revisits the argument on the contentious causality relationship between net FDI inflows and GDP among the pioneering Association of Southeast Asian Nations (ASEAN-5) members using data from 1970 till 2013. Although two-way correlations exist between these two variables in these...

The disappointing economic performance of Sub-Saharan African (SSA) economies in the late 1980s prompted reforms in foreign trade and Foreign Direct Investment (FDI) in the early 1990s. Using the Autoregressive Distributed Lag (ARDL) approach and Pedroni panel estimation procedures that allow...

Trade and investment are considered as the crucial determining factors of economic growth, especially in developing countries. Foreign Direct Investment (FDI) has recently become more crucial especially in developing countries which strive for the modernization of their industries and support...