Developing economies as well as developed economies recognized appropriate tourism policies will be an important factor in promoting economic growth. BIMP-EAGA (Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area) was conceived with the objective to speed up economic development among...

A rapid export growth in East Asia was once identified as a source of the sustainable economic development that the region enjoyed. However, the current global recession has turned exports from an economic virtue to a vice. There is a growing awareness that a heavy reliance on exports has caused...

This study employed a threshold regression analysis (Hansen, 2000) to examine the relationship between per capita Gross Domestic Product (GDP) and total fertility rate (TFR) in the United States. The United States is the only developed country where the declining fertility rate was reversed and...

In their article published in the “Nature†journal, Myrskylä et al. (2009) claimed that in highly developed countries development-fertility relationship becomes J-shaped. This means that further advances in economic and social development can reverse declining fertility rates. The...

This paper chooses three Asian countries (Japan, South Korea and Malaysia) as case studies to examine the relationship between the Phillips curve and openness. The justification for the choice of these countries is that Japan is a moderately open economy while Malaysia is a highly open economy....

A rapid export growth in East Asia was once identified as a source of the sustainable economic development that the region enjoyed. However, the current global recession has turned exports from an economic virtue to a vice. There is a growing awareness that a heavy reliance on exports has caused...

Population growth has a substantial impact on economic development. There are two schools of thought regarding this issue. Some researchers maintain that population has a negative impact on economic development while others are convinced that the effect is positive. This paper aims to provide...

This study employs Hansen's (2000) threshold regression analysis to examine the relationship between population growth and per capita GDP in 117 countries. Threshold regression analysis allows controlling the quality of population when examining the relationship between the quantity of...

This paper examines an intricate relationship between inflation rate and unemployment rate in the Philippines by employing several economic methods, including the dynamic ordinary least squares (DOLS) (Stock and Watson, 1993) and the Hodrick-Prescott filter (Hodrick and Prescott, 1997). The...

For decades, the conventional wisdom for a developing nation striving to achieve an impressive economic growth has been to carve a niche in the global marketplace. However, empirical findings of various research studies on the “export-led growth” hypothesis do not provide a solid evidence to...