This study examines the effect of trade liberalization on poverty in India through regression analysis by using data for the period from 1980-81 to 2007-08. In 1991, India adopted trade reform policy to overcome the balance of payment crisis and achieve a stable and sustainable development....

This study examines the dual long memory properties in Malaysian stock market during bull and bear periods for the period 1993:10 to 2009:12. Both semi-parametric and ARFIMA-FIGARCH models are applied for the diagnosis of long memory. The study finds no evidence of long memory for stock returns....

In spite of the consistent growth in GDP in Nigeria over the past two decades, and given the fact that the country is the richest in Africa in terms of its natural resources and the second richest in terms of GDP, the country still battles with chronic unemployment. This study investigates both...

This study empirically tests the applicability of the debt overhang hypothesis in Zimbabwe using time series data covering the period 1980 to 2009 by analyzing the relationship between economic growth and external debt (termed as direct debt hypothesis), using cointegration analysis as well as...

This paper examines the relationship between merchandise exports and non-export sector GDP both at aggregate and disaggregate levels in the Indian context for the period 1988-2012. The findings of the study indicate that there exists a long-run relationship between non-export GDP and capital,...

This study examines the relation between equity returns and fundamental variables by utilizing multifactor asset pricing models. Specifically, it incorporates several variables from prior empirical research to examine the impact of systematic risk on equity returns in the financial sector. The...

This study examines the long-run relationship between the financial development, investment and economic growth for the Indian economy during the period from 1971-72 to 2010-11 by applying Lee and Strazicich (2003 and 2004) unit root test that allows for endogenously determined structural breaks...

The paper examines how relative price shocks can affect the price level and then inflation. Using Indian data, it is observed that: (1) Price increases exceed price decreases. Aggregate inflation depends on the distribution of relative price changes—inflation rises when the distribution is...