Information technology has transformed the traditional economy into digital economy during this century. Yet there has been debate of Solow’s Paradox in theoretical and empirical literature. Considering its importance, this research examines its impact on Capital Market Activity by using 47...

This paper develops an innovative model to explain the labor productivity in Asian countries, most of which are labor surplus and are endowed with substantial human capital. Such encouraging demographic traits are considered as complementary factors to use of Information and Communication...

Energy consumption is a key factor in economic activity. To ascertain its role in economic growth, this study empirically investigates its role for Asian countries. Price index is also included in analysis as factor of economic growth. We examine and quantify this long run relationship for a...

Since its inception, Wagner’s law has gained the attention of researchers and is well-documented in literature. It deals with the relationship between the increase of government expenditure and improved macroeconomic performance over time. On the contrary, Keynesian theory purports an opposite...

During last two decades, broadband gained an integral stature in digital infrastructure of countries around the globe. The investigation of broadband and economic growth nexus has been scarce for Asian countries, Mehmood and Mustafa (2014). This paper re-examines the broadband-growth nexus for...

Non-performing loans has been a limiting factor in smooth growth of commercial banking. To augment the literature in this dimension, this paper subjects the findings of Mehmood et al. (2013) to rigorous statistical treatment and reexamines the relationship found therein. It empirically tests the...

Traditional convergence empirics overlook the role of knowledge as a contributor to economic convergence. This paper incorporates knowledge as a factor contributing towards economic convergence in Asian countries. In addition to knowledge, capital formation, interaction effects of tertiary...

Conventional Convergence models usually oversee the role of information and communications technology (ICT) as a determinant of convergence. This paper introduces ICT as a factor contributing towards economic convergence in Asian countries. In addition to ICT, other factors like demographic...

This paper advances a model to explain the total factor productivity in Asian countries, most of which are labor surplus and are endowed with substantial human capital. Such promising demographic potentials are considered as complementary factors to use of Information and Communication...

This paper develops an innovative model to explain the labor productivity in Asian countries, most of which are labor surplus and are endowed with substantial human capital. Such encouraging demographic traits are considered as complementary factors to use of Information and Communication...