This article measures the overall inclusive growth of a city by considering changing trends in key economic variables (that is, poverty, inequality, economic growth, education, employment, unemployment and the standard of living index) based on the ‘Borda ranking’ and establishes a...

This article examines the interactions of the import and export markets through cross-prices. The idea is that import demand is affected by export prices, because imports and exports are likely substitutes in consumption. Additionally, import supply is also affected by export prices as exports...

How important is trade openness as a vehicle for driving productivity in developing countries? We offer a sector-specific analysis with focus on the manufacturing sector for meaningful policy insights. Using a modern econometric technique—the autoregressive distributed lag approach to...

A frequent empirical approach toward examining the impact of health on economic growth has been to focus on data for a cross-section of countries and to regress the income indicator on the health indicator controlling for the initial level of income and for other factors believed to influence...

Tourism is one of the largest and fastest growing industries in the world, which makes it a potential strategic factor for economic growth. This adds to the strong interest in the role of tourism in Malaysia’s economic growth as it is the second-largest contributor to foreign exchange...

The basic objective of this article is to evaluate the pricing implications of market-wide investor sentiment risk for cross-sectional return variations of Indian listed companies across industry groups. A multivariate time-series regression approach has been used to examine the impact of...

Japan imports rather than exports forestry products even though it has ample forestry resources. Moreover, the leading exporters of forest products often have strong market power in the trade market of forestry products. The possibility of incomplete competition in the Japanese wood import...

The main purpose of this study is to re-investigate the long-run Japanese M2 money demand function and its stability over the period of 1970:Q1 to 2010:Q4. This study uses the bounds testing approach to cointegration within the autoregressive distributed lag (ARDL) framework to examine the...

To make directed policy for different categories of identified rural poor in India, the current focus on static income poverty as a measure is insufficient. This article uses the asset-based approach to quantify poverty dynamics for the years 1992, 1998 and 2005, for the entire country and for...

This article analyses the effects of government expenditures on German business cycle fluctuations by means of an estimated DSGE model based on low frequency oscillations. The results highlight that fiscal policy has a strong impact on the amplitude of fluctuations while hardly any on the...