This paper undertakes an empirical investigation of factors that contributed to economic growth in Indonesia for the period 1966 to 2003. A Cobb-Douglas production function is estimated with a time trend to capture the rate of technological progress within a cointegral and error-correction...

Investment rates across the Caribbean tend to be high and have been rising, reflecting increased public investment and FDI. Domestic investors have been less prominent. This may be one reason why such high investment has delivered Caribbean growth rates below the middle-income average. This...

This paper measures the magnitude of money and interest rate shocks in explaining the price and output movement in the post financial liberalization era of India. The objective is achieved through technique termed historical decomposition within the framework of Vector autoregressive Model....

This paper empirically investigates into the long-run equilibrium relationship and short-run dynamic linkage between the Indian stock market indices and the stock markets of seven developed countries namely, Switzerland, France, Germany, Japan, UK, USA and South Korea and seven developing...

This paper seeks to test empirically some of the major economic reasons for Latin America(s poor investment performance since the onset and aftermath of the debt crisis. In so doing, it attempts to uncover those economic relationships and policies that need to be promoted in order to raise and...

This note tries to look at the responsiveness of employment to the changes in Output during pre and post economic reform periods by estimating a derived demand function for employment with an interaction variable. The empirical results of the present note based on the time series data from...