The economic development and growth literature contains extensive discussions on relationships between exports and economic growth. One debate centers on whether countries should promote the export sector to obtain economic growth. An abundant empirical literature on this export-led growth (ELG)...

Over the years, there has been extensive research on the relationship between a country’s export and economic growth with ambiguous and mixed results. The mixed results are due to bi-variate approach used in the analysis and periodisation (combining both import substitution and export...

This paper investigates the impact of foreign aid on economic growth in member countries of the Economic Community of West African States using panel data for 1990-2009 and a three equation simultaneous-equations model. The effect of foreign aid on economic growth among these ECOWAS countries...

The objective of this paper is to investigate the empirical relationship between capital account liberalization and economic growth in three Maghreb countries (Algeria, Mo- rocco, and Tunisia) using the GMM technique. The study of this relationship has al- ways been of particular interest...

To the question of what lessons can be drawn from the relationship between migrant remittances and economic growth, this article provides an answer based on econometric evidence, using data from a sample of six countries belonging to the CEMAC zone, over the period 1990-2018. Using the PSTR2 and...

Purpose: The purpose of this research paper is to empirically analyse the effects of tourism on economic growth in Western Balkan countries (Albania, Bosnia and Herzegovina, Croatia, FYROM, Montenegro and Serbia). Design/Methodology/Approach: The empirical analysis consists of 17- year panel...

This paper examines the evolution of the EU's trade in services over the 2004-2008 period in comparison with its trade in goods. It aims to disentangle the main trends shaping the EU's services trade flows under the impact of increasing globalisation and the last two waves of EU enlargement....

In this paper we theoretically derive an international Rybczynski matrix. Its elements indicate the aggregate output change in a country when endowment with one or more factors in the same or another country is increased. This allows us to characterize theproduction structure in 11 countries of...

Die deutschen Unternehmen erwarteten im Vorfeld der EU-Osterweiterung im Jahr 2004 einen höheren Konkurrenzdruck durch Importe und durch mehr Firmen aus Mittel- und Osteuropa. Mehr als ein Drittel der westdeutschen und ein Viertel der ostdeutschen Unternehmen gingen in einem hohen Maß von...

This paper analyses trade policies in the European Union. The common commercial policy is based on equal principles, particularly for changes in tariff rates, the conclusion of tariff and trade agreements, equal measures of liberalization, export policy and measures to protect trade with those...