The role of capital formation in the process of economic development has been critically appraised by economists and policy-makers. 1 Identifying sources of capital and regulating the rate of capital growth are essential tasks of economic planning in developing nations. Economic growth models,...

The article deals with measuring poverty whereas poverty is considered to be a multidimensional phenomenon and is represented by various dimensions. It aims to propose a methodical instrument for complex evaluation of poverty and the differences in poverty among the EU Member States. This...

NAREA Outstanding Master's Thesis Award, NAREA Master's Thesis Award of Merit, NAREA Distinguished Member Awards, NAREA Award for Outstanding Public Service Through Economics, and NAREA's Journal Article of the Year for 2008

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This paper analyzes the relationships between bilateral trade and economic growth in the U.S. and Korean economies. Using quarterly data from 1990 to 2008, the theoretical procedures utilize Ordinary Least Square (OLS) and Seemingly Unrelated Regression (SUR) models under the static model...