This paper attempts to quantify the significance of the domestic saving effort for investment rates in a group of 25 emerging economies over the 1985-2006 period using a varying-coefficients, error-correction model. The model is also used to empirically examine how that significance is...

Although stronger health systems and socioeconomic factors are considered to improve health status of children in developing countries, there is no consistent cross-country evidence to support this claim. Because the past studies do not properly treat with endogeneity bias, this paper aims to...

This paper investigated the causality relationship between electricity consumption and output performance in Nigeria and Ghana. We used annual data series from 1970 to 2006 to examine the causal relationship between output per worker, electricity consumption per worker, primary exports per...

The study examines the impact of monetary policy along with relevant macro economic factors on the construction sector activities? growth and housing prices in Indian context. The empirical result indicates that it is mainly commercial bank credit from supply side and rise in income in demand...

We analyze women participation, in economic and social activities, in Europe for the period 2000-2007, and the positive effects of education, quality of government and economic development on quality of life and female participation. We estimate some econometric models which have into account...

We analyze the evolution of the exchange rate with Dollar, real output and foreign trade balance in Spain, during the period 1970-2009. We present the estimation of en econometric model that related output growth and real exchange rate with other variables. Applying the monetary policy reaction...

The concept of social capital may be approached from a variety of disciplines such as sociology, political science, economics, etc. Definitions of social capital use terms like networks, trust and shared action. The object of this work is to move towards a quantification of social capital and,...

A number of economists have stated, and two recent empirical studies have suggested, that financial globalization should exert a positive effect on macroeconomic outcomes in general and inflation in particular. We re-examine the impact of such openness on inflation by exploiting a recent index...

The question of causal relationship between energy consumption and economic growth has significant importance in energy economics. This study aims at investigating ?does energy consumption cause economic growth or economic growth leads to more energy consumption?? For this purpose, departing...

This paper examines the major economic and institutional factors underlying the surge in foreign direct investment (FDI) flows to Chile during recent decades. It presents econometric evidence for the 1960-2003 period which indicates that market-based economic reforms and major changes in the...