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Testing Trade-led-Growth Hypothesis for Romania

Pop-Silaghi, Monica Ioana - 2006

This paper tests the relationship between trade and economic growth for the case of Romania, during 1998-2004. We employed cointegration and Granger-causality tests on stochastic systems composed of exports, imports and GDP. In order to have some degree of significance, we performed our tests on...

Persistent link: https://www.econbiz.de/10015215526

National symbols, globalization, and the well-being of nations

Amavilah, Voxi Heinrich - 2009

I estimate the effects of national symbols and globalization on the well-being of 88 countries. I find that conventional determinants of production affect national well-being, measured as human development index (HDI). The effects on HDI of national symbols like national flag colors are...

Persistent link: https://www.econbiz.de/10015216644

National identity, globalization, and the well-being of nations

Amavilah, Voxi Heinrich - 2009

Using a simple production function approach I show that conventional factors and forces of production, national identity, and globalization are important to national well-being, but in varying ways. Whereas investment in capital and globalization, especially social globalization, affect national...

Persistent link: https://www.econbiz.de/10015216686

Volatility of short term capital flows, financial anarchy and private investment in emerging markets

Demir, Firat - 2006

Using micro-level panel data, the paper analyses the impacts of short-term capital flow volatility on new fixed investment spending of publicly traded real sector firms in three major emerging markets that are Argentina, Mexico and Turkey. The empirical results including comprehensive...

Persistent link: https://www.econbiz.de/10015226833

The balance of payments constrained growth rate and the natural rate of growth: new empirical evidence

Lanzafame, Matteo - 2011

This paper implements a panel approach to investigate the empirical relevance of ‘Thirlwall’s Law’, which states that long-run growth must be consistent with balance of payments (BOP) equilibrium and is, thus, determined on the demand side. Building on ARDL modelling, mean-group and pooled...

Persistent link: https://www.econbiz.de/10015228365

The balance of payments constrained growth rate and the natural rate of growth: new empirical evidence

Lanzafame, Matteo - 2011

Persistent link: https://www.econbiz.de/10015228547

The relationship between international tourism and economic growth: the case of Morocco and Tunisia

Bouzahzah, Mohamed; El Menyari, Younesse - 2013

This study proposes to examine the impact of tourism activity on the economic growth of Morocco and Tunisia. We … contribute here to the empirical literature on the tourism-led growth (TLG) hypothesis, by adopting the error correction model … framework, the cointegration and Granger Causality tests between real tourism receipts, real effective exchange rate and …

Persistent link: https://www.econbiz.de/10015235536

Culture, Diffusion, and Economic Development: The Problem of Observational Equivalence

Harutyunyan, Ani; Özak, Ömer - 2016

This research explores the direct and barrier effects of culture on economic development. It shows both theoretically and empirically that whenever the technological frontier is at the top or bottom of the world distribution of a cultural value, there exists an observational equivalence between...

Persistent link: https://www.econbiz.de/10015256724

Trade Liberalization and Fight Against Poverty

Trabelsi, Mohamed Ali; Liouane, Naoufel - 2013

The struggle against poverty and social inequality is one of the biggest challenges for developing countries. These countries should adapt themselves to a new economic world order characterized by trade liberalization and based on a desire to make globalization work for poorer people. Most...

Persistent link: https://www.econbiz.de/10015257375

How Fast are Small Tourism Countries Growing? Evidence from the Data for 1980–2003

Brau, Rinaldo; Lanza, Alessandro; Pigliaru, Francesco - 2007

We analyze the empirical relationship between growth, country size and tourism specialization by using a dataset … covering the period 1980-2003. We find that tourism countries are small and grow significantly faster than all the other sub …-groups considered in our analysis. Tourism appears to be an independent determining factor for growth: controlling for initial per …

Persistent link: https://www.econbiz.de/10015258314