Abstract Purpose – The purpose of this paper is to investigate whether the Australian equity market is informationally efficient in the semi-strong form with regard to interest rates and the exchange rate shocks during the period 1994-2006. Design/methodology/approach – There is evidence...

Due to increasing globalization and its potential benefits, many emerging markets have introduced capital liberalization policies to attract much needed foreign direct investment. The objective of this article is to empirically investigate whether the conducted deregulation policies resulted in...

Neoclassical economic theory suggests there is a positive relationship between economic growth and growth in exports. An increase in exports leads to an increase in income due to the multiplier effect of production. This paper examines whether the Export-Led Growth (ELG) hypothesis is valid for...