The objective of this research is to examine the relationship between human capital and output in Ecuador through cointegration techniques. We use data compiled by the World Bank in the World Development Indicators (2017) and by Barro and Lee (2013) of the period 1982-2015. Despite the...

The objective of this research is to examine empirically the relationship between the current account balance and the real exchange rate for economies with different levels of development. We use data from the annual time series of the period 1980-2015 from the Development Indicators (2017) of...

Military spending can have positive or negative impact on economies. In the empirical literature, there is evidence for both hypotheses. In practice, the effect of military spending on the economy will depend on the geographic context and the type of military spending. The Middle East and North...

Globally, energy is considered a backbone for any country's sustainable growth. However, Pakistan has still encountered a massive energy crisis that affects its society economically. Therefore, policymakers keenly focused on distinguishing factors contributing to Pakistan's sustainable energy...