This paper examines dynamic interactions between foreign direct investment (FDI) and economic growth using panel-data cointegration and causality tests. We present our results for 34 Eurasian countries for which previous research on this subject has not hitherto been performed. We find that that...

This paper examines the linkages between the development of telecommunications infrastructure (DTI), economic growth, and four key indicators of operation of a modern economy: gross capital formation, foreign direct investment inflows, urbanization rates, and trade openness. By studying the G-20...

Many studies investigate relationships between economic growth in specific economies and the development of its banking sector or between its growth rate and its rate of inflation. Advancing on earlier work, this article uses panel cointegration and causality tests applied to 34 OECD countries...

This paper investigates statistical relationships between economic growth, foreign direct investment (FDI) and trade openness, using panel-VAR methods in relation to ten significant OECD countries: Austria, Canada, Finland, Iceland, Ireland, Japan, Norway, Spain, Switzerland and the USA, between...

This paper examines the relationship between banking sector development, stock market development, economic growth, and four other macroeconomic variables in ASEAN countries for the period 1961–2012. Using principal component analysis for the construction of the development indices and a panel...

Empirical macroeconomists have investigated the possible link between the development of stock markets, economic growth, and inflation separately. Unlike earlier work, this paper investigates the nature of causal relations between these variables using a panel Granger causality test on a sample...

The paper investigates the determinants of Foreign Direct Investment (FDI) in India, with particular reference to infrastructure. Covering the period from 1970 to 2004, the empirical investigation confirmed that infrastructure has a significant negative impact on FDI inflows in India. This is...

The paper explores the long run equilibrium nexus between financial deepening, foreign direct investment (FDI) and economic growth in India during 1970-2007. Using Johansen¡¯s cointegration technique, the paper finds that financial deepening; foreign direct investment and economic growth are...

The paper investigates the random walk properties of foreign trade. The data used in the empirical test correspond to monthly exports and imports of India in the globalization era of 1990s. The test of random walk employed in this study is the variance ratio test, developed by Lo and Mackinlay....

The paper primarily focuses the procedures of poverty alleviation in rural India. It has been discussed under two heads such as direct and indirect measures. Indirect measures mostly focus the achievement of economic growth and thus, alleviate rural poverty indirectly. The factors that have been...