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The Combined Effects of Public and Private Investments on Economic Growth in the CEMAC Zone
Article ID: 1066
991 (Abstract)
119 (Download)
Abstract:
This study evaluates the simultaneous impact of public and private investments on economic growth in the CEMAC zone between 1984 and 2017.To attain this aim, we use the Vector Error Correction Model (VECM) to test the direction of causality between the three variables above at the level of each country. We find that the direction... More
2019-12-31 -
The Impact of Money Supply on the Economy: A Panel Study on Selected Countries
Article ID: 3782
844 (Abstract)
351 (Download)
Abstract:
This study investigates the impact of money supply on economic growth rate, inflation rate, exchange rate and real interest rate. We used a panel of 217 countries from 1960 to 2020 and four different models to address these questions. The empirical results support the quantity theory of money. In addition, the study found evidence... More
2021-10-30 -
Nexus Between Financial Liberalization, Balance Of Payment And Economic Growth In Nigeria
Article ID: 1611
1024 (Abstract)
89 (Download)
Abstract: The objectives of this paper are to examine the nexus between financial liberalization, balance of payment and economic growth in Nigeria. The scope of this study due to data availability, especially on measures of balance of payment, covers the period of 1986-2017. This study adopts econometrics techniques of analysis by using Panel Unit Root Tests... More
2020-04-30 -
Economic Growth, Industrialization, Trade, Electricity Production and Carbon Dioxide Emissions: Evidence from Ghana
Article ID: 2716
445 (Abstract)
96 (Download)
Abstract:
The study scrutinized correlation between electricity production, trade, economic growth, industrialization and carbon dioxide emissions in Ghana. Our study disaggregated trade into export and import to spell out distinctive and individual variable contribution to emissions in Ghana. In an attempt to investigate, the study used time-series data set of World Development Indicators from 1971 to... More
2021-03-04 -
The Big Eurasian Partnership as a Model of a New World Order: from the American to the Asian World Economic Paradigm
Article ID: 676
824 (Abstract)
83 (Download)
Abstract:
The paper applies the conception of world economic and technological modes’ changing in order to justify the emergence of a new model of global economic order. The research is focused on the justification of the Big Eurasian Partnership (BEP) as such kind of pattern. We’ve started to form the basis and create a Road Map for... More
2019-08-09 -
Domestic Savings, Investment, and Economic Growth: an Empirical Evidence from Nepal using VEC Model
Article ID: 3359
928 (Abstract)
212 (Download)
Abstract: This study examines the relationship between domestic savings, investment, and economic growth in Nepal by using time series data covering from the period 1975 to 2019. The vector error correction model (VECM) has been used to investigate the long-run and short-run causal relationship between the variables. The Johansen cointegration test results confirmed that there is... More
2021-07-19 -
Inflation and Unemployment Trade-off: Is Phillips Curve True for African Developing Countries? Evidence from Sudan
Article ID: 3243
605 (Abstract)
194 (Download)
Abstract:
The relationship between wage inflation and unemployment (Phillips Curve) is controversial in economic thought, and the controversy is centered around whether there is always a trade-off or not. If this relationship is negative it is called The short-run Fillips Curve. However, in the long run, this relationship may probable not exist. The matter of how... More
2021-07-19
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