We analyze the effect of fisheries subsidy negotiations on financial markets and aggregate demand in developed and developing countries. We examine the plausible scenarios that are likely to emerge in the event of elimination or reduction of subsidies, and the subsequent effect on the financial...

In this study, we explore the contribution from sectoral share towards per worker income in the Sub-Saharan Africa (SSA) region over the years, 1980 to 2009. Within the last three decades, agriculture and services did not contribute positively towards growth in per worker income. Manufacturing...

We explore the contributions of trade openness, remittance inflows and expansion in tourism towards improving income in Vanuatu over the periods 1983-2009 using the augmented Solow approach and the ARDL bounds test. The results show trade openness and remittances have a positive and...

The paper investigates the long-run cointegration relationship and energy elasticities for Kenya and South Africa over the periods 1978–2009 and 1971–2009, respectively, using the ARDL procedure developed by Pesaran et al. (2001) with recomputed critical bounds from Narayan (2005) and the...