This paper aims to test the relationship between export and economic growth in the Malaysian economy from 1960 to 2005. Combining production function, and international trade and development theories, a five variable model is specified and estimated by using cointegration tests and error...

We hypothesized that corruption could contribute to deforestation. The present study, therefore, try to identify such a relation between corruption and deforestation. By using three different corruption indices, we found a statistically significant strong positive relation between corruption and...

This paper examines how issues of trade facilitation continue to discourage the export of manufactured goods from Africa. Pooled, cross-country, annual time series data for the period 1995 – 2004 for 20 African countries were used to examine nature of the relationship between some selected...

We compare samples of textiles and garments producers across groups of countries to find that, in general, productivity is far lower in Sub-Saharan Africa than it is in India. Indian manufacturers in turn are significantly less productive than their counterparts in Morocco, while producers in...

After clarifying the widespread terminological confusion regarding ‘import-substitution’, ‘export-promotion’ and ‘free trade’, this article focuses on an interesting debate about their complementarities. Particular attention will be paid to whether the simultaneous implementation of...

This paper examines the impact of interest rate reforms on financial deepening and economic growth in Kenya, using two models: the financial deepening model and the dynamic Granger causality model. The study attempts to answer two critical questions: Does interest rate liberalization in Kenya...

The rapid growth of international migration and remittances has led to a wealth of research examining these trends. One of these lines of research attempts to determine the relationship between migration, remittances and the adoption of “Green Revolution” high yield variety (HYV) seeds. This...

Savings and growth are often strongly correlated. Thus, it is important to study the determinants of savings and the direction of causality between savings and growth as these have important implications for development policy. Yet, careful empirical studies on savings behavior are missing for...

Using cointegration and error correction mechanism, this paper investigates the effectiveness of aid in Nepal during the period 1983-2002. Specifically, it examines the long-run relationship between aid and per capita real GDP. To address the current debate on whether aid works only in a good...