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The present study estimates the long run private investment function for the period from 1972 to 2011 by using Johansen cointegration approach. The results suggest debt servicing, inflation and private investment to be negatively associated. The study concludes positive impact of GDP growth...
Persistent link: https://www.econbiz.de/10011259941
The recent discussions that focused on the problems of the Uruguay Round of the General Agreement on Tariffs and Trade [GATT] together with the emergence of strengthened and expanded free trade areas [such as NAFTA, European Union and MERCOSUL/MERCOSUR] have created the need for careful analysis...
Persistent link: https://www.econbiz.de/10011108159
This paper uses a set of international input-output tables constructed for selected Asian countries (and the USA) for the years of 1975 and 1985 to compare sectoral and intercountry changes over this decade. The analysis makes use of a framework developed by Guilhoto, Hewings, and Sonis (1996)...
Persistent link: https://www.econbiz.de/10011111475