This paper examines whether official aid (Aid) and Foreign Direct Investment (FDI), defined here as shares of recipients' gross domestic product, are substitutes, complements or neither. We hypothesise that there is no direct relationship between the two flows. We explain how we address...

This paper presents the results for the familiar activity level of the agricultural agribusiness in the Brazilian economy for the period from 1995 to 2003. Using input-output models it was possible to estimate the importance of the Gross Domestic Product of the familiar agribusiness in the...

The article discloses the peculiarities of forming the forming the contribution of the region’s insurance sector in the gross regional product (GRP). The algorithm and the stages of transformation of cash flows in the system of insurance services reproduction and forming the GRP have been...

Trade and the services sector represent the essential infrastructure necessary for the operation of any national economy, either developed or developing. Currently, ,framing in time and space the role that trade plays in a changing society, acquires a special meaning as a result of changes...

This study seeks to examine the role of financial intermediaries and to find out whether financial intermediaries impact on economic growth in Nigeria. The study adopts the Harrod-Domar growth model which states that economic growth will proceed at the rate which society can mobilize domestic...

Studies on the evolution projection of installed energy capacity are often based on projections from mathematical models. These models should be considered when studying the influence of the Gross Domestic Product (GDP) growth on the increase in the installed capacity of energy. In this sense,...

Issues related to the standard of living are key aspects of regional policy and social development strategies. The standard of living is synonymous with the terms being, quality of life and well-being. For many years, the basic measure of the standard of living was GDP per capita. In 2012,...

The Caribbean share of the global tourism market has been declining. This study examines what is driving tourism flows. It estimates the determinants of tourism and explores variations based on sample differences, and also constructs a static nominal price comparison index. The paper finds that:...

This study aims to assess the Cost Efficiency (CE) of the Greek cooperative banks over the period 2000–2005. We first use Data Envelopment Analysis (DEA) to estimate the technical, allocative and cost efficiency for each bank in sample. Then, we use a bootstrapping censored (Tobit)...

This paper examines the determinants of intra-industry trade (IIT) in the Romanian automobile parts and accessories sector. The trade in this sector between Romania and 12 countries (Austria, Belgium, Bulgaria, Croatia, Czech Republic, France, Germany, Hungary, Italy, Netherlands, Poland and...