The objective of this paper is to analyze the external sector on Cuban tobacco from the export demand perspective towards the euro area. A tobacco-specific exchange rate is built to better capture the distinctions of this sector when competing overseas. We apply cointegration in the...

This study analyses the foreign exchange market disequilibrium in Pakistan. A monetary model of exchange market pressure has been developed and estimated using a VAR model. Employing Granger causality and impulse response analysis, it is shown that monetary authorities in Pakistan have only...

This paper puts forward a theoretical framework for regional classifications and rankings based on the development of environmental indices. This framework can be used to classify European Union countries according to the extent to which they are influenced by supply-side (producer) and...

Poverty being multi-dimensional in nature is the product of various interactive socioeconomic factors. Some of the factors shaping economic status of the household may be cited as widowhood, disability, illiteracy, ageing, household size, household status, dependency, low wages of the female...

This paper addresses the question of how greater equality by gender and race/ethnicity in the distribution of earnings would affect earnings inequality in Sri Lanka. The decomposition exercise of male-female earnings indicates the significant extent to which the gender disparity in earnings...

This paper set out to examine the relevance of the African Traditional Medicine in Health Care Delivery Services in Nigeria. This has become necessary for three main reasons: Firstly, African Traditional Medicine Practitioners provided the earliest medical care in Nigeria. Secondly, the World...

This paper analyzes the effect of regulation of firm entry on the variety of manufactured goods exported by developing countries. Using panel regressions, I find robust evidence that an increase in entry regulation significantly reduces the variety of manufactured goods that developing countries...

We extend the methods developed by Hausmann and Klinger (2006) to measure and compare the dynamics of a country’s structural transformation and apply the methods to China, Malaysia, and Ghana over the period 1962–2000. The results show that the rate of structural transformation is...

This paper examines the issue of monetary policy convergence for members of the Southern African Development Community (SADC) using the Markov Switching unit root procedure. The results from the conventional unit root tests including the Dickey-Fuller and the modified Dickey-Fuller reveal that...

This article investigates the causal relationship between export composition and economic growth, among others, in the case of a strongly outward-oriented country, i.e. Korea. The cointegration tests show that cointegrating vectors exist among the concerned variables. Also, the error correction...