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Purpose The purpose of this paper is to decompose total factor productivity (TFP) changes of the agriculture sector in ten African countries. Design/methodology/approach A fixed-effects estimation is applied to estimate the translog production function. Findings The study results are consistent...
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Purpose – The purpose of this paper is to investigate the significant factors determining foreign direct investment (FDI) in Cambodia, Laos, and Vietnam (ASEAN3) and Indonesia, Malaysia, the Philippines, Thailand, and Singapore (ASEAN5). Design/methodology/approach – This paper applies the...
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This article extends the theory of generalized purchasing power parity (G-PPP) by developing a model including foreign variables such as the real money supply, output and interest rate. A cointegration rank test with two structural breaks in the deterministic trend was adopted to selected Asian...
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