This article investigates whether there are Granger causal relationships between broadband penetration, degree of urbanization, foreign direct investment and economic growth using a panel data set covering the G-20 countries for the period 1998-2011. Using our multivariate framework, we first...

Energy poverty is one of the major deprivations that has direct effect on the well-being of a household at micro level. At macro level, it also has significant effect and hinders the sustainable development of a nation. The binary measurement, commonly used to identify the energy poor...

This paper presents an application of Artificial Neural Network (ANN) to forecast inflation in India during the period 1994-2009. The study presents four different ANN models on the basis of inflation (WPI), economic growth (IIP), and money supply (MS). The first model is a univariate model...

The export-led growth hypothesis (ELGH) is an interesting field of research in applied economics. The paper investigates the role of education on the ELGH in India during 1951-2009. Using cointegration and error correction model technique, it finds the feedback effect between education and...

The study examines the nexus between government spending and economic growth in the seven SAARC countries, namely Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka, for the period 1970-2007. Using panel cointegration and panel causality, the paper finds that government spending...

The paper examines the long run relationship between financial development and growth in India in a trivariate framework by incorporating stock market development. It finds that stock market development has substantial impact on finance- growth nexus. While financial development and economic...

This paper examines the effect of transportation (road and rail) infrastructure on economic growth in India over the period 1970–2010. Using Vector Error Correction Model (VECM), the paper finds bidirectional causality between road transportation and economic growth. It also finds...

This paper investigates statistical relationships between economic growth, foreign direct investment (FDI) and trade openness, using panel-VAR methods in relation to ten significant OECD countries: Austria, Canada, Finland, Iceland, Ireland, Japan, Norway, Spain, Switzerland and the USA, between...

The paper investigates the casual relationship between government expenditure, GDP and exports for Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka for the period between 1960 and 2010. Using cointegration and Granger causality, the results suggest that there exists...