Various concerns have been expressed about the ability of the world economy to sustain the ever-expanding world population. This paper aims to provide additional empirical evidence to the ongoing debate about the impact of population growth on economic development with the Philippines as a case...

This paper employs several econometric methods to test the validity of the "export-led growth" hypothesis in three BIMP-EAGA countries, i.e., the Philippines, Indonesia, and Malaysia. Firstly, the study uses Johansen cointegration test and Granger causality test to examine the relationship...

This article empirically analyzes the relationship between unemployment rate and inflation rate in the Philippines over the period 1980-2006. The negative association between unemployment and inflation is known as the Phillips Curve because the trade-off relationship between these two variables...

This paper employs several econometric methods to test the validity of the "export-led growth" hypothesis in three BIMP-EAGA countries, i.e., the Philippines, Indonesia, and Malaysia. Firstly, the study uses Johansen cointegration test and Granger causality test to examine the relationship...

This paper uses four ADF-type unit root tests and four KPSS-type stationarity tests to examine whether the gender unemployment gap would converge to zero in Africa. Among these different tests, the two most restricted models, namely the ADF test and the KPSS test, indicate no convergence in the...

At the end of the 1990s, the Japanese government distributed annually more than US$10 billion as foreign aid directly or indirectly to developing countries. Japan’s ODA can be divided into the following four groups: 1) Bilateral Grants, 2) Technical Co-operation, 3) Multilateral Aid, and 4)...

West African countries have long advocated efforts to promote economic integration and income convergence. In recent trends, Nigeria records the highest GDP in nominal value, yet its neighbouring countries are yet to catch up in terms of both GDP growth rate and GDP per capita growth rate. The...

This paper proposes a new causality test or a Fisher-type causality test to examine empirically the export-growth nexus. To empirically demonstrate this new causality test procedure, the Fisher causality test is used to examine the exports-growth nexus in four Asian economies, namely Indonesia,...

This paper proposes a nonlinear unit root test based on the artificial neural network-augmented Dickey-Fuller (ANN-ADF) test for testing hysteresis in unemployment. In this new unit root test, the linear, quadratic and cubic components of the neural network process are used to capture the...