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This paper examines the empirical relationships between exports growth and economic performance for western Africa countries using a non-linear Markov Switching VAR model in contrast with previous linear time series studies. We could not find causality from exports to GDP and vice versa in...
Persistent link: https://www.econbiz.de/10012751108
his article investigates the impact of education on economic growth in Guatemala for the 1951-2002 period. An error-correction model shows that a better-educated labor force has a positive and significant impact on economic growth. A growth-accounting framework demonstrates that human capital...
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The study investigated the dynamic interaction between savings, investment and economic growth in Nigeria within the …, should ensure that the savings with deposit money banks are properly channelled to long-term investment. The study further … revealed that GDI do not result to GDP, to resolve this, government should ensures that all investment are properly channelled …
Persistent link: https://www.econbiz.de/10012845749
the long run and sectoral per worker savings to investment links in both the short and long run. This implies the need to …The present paper empirically analyses the relationship between Saving, Investment and Growth rate in India. During the … period of Financial Liberalization, the popular view that increases in savings are a necessary condition for economic growth …
Persistent link: https://www.econbiz.de/10013056622
This paper studies the relationship between saving and investment rates in Japan and other 11 Asian countries. Most …-Perron unit root tests indicate that for most of the 12 Asian countries, both saving and investment rates have unit roots. However …, Johansen multivariate cointegration tests indicate that only for Japan, Indonesia and Thailand, the two rates have a long run …
Persistent link: https://www.econbiz.de/10014208699
This paper investigates the impact of human capital on economic growth in Guatemala through the application of an error-correction methodology. Two channels are analyzed, by which human capital is expected to influence growth. A better-educated labor force appears to have a positive and...
Persistent link: https://www.econbiz.de/10014089191
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