The notion that international trade is the foundation of economic growth dates long back, and even now, an irresistible body of literature confirms a strong and positive link between trade openness and economic growth. However, most of these studies are focused on developed countries. Indeed...

Given the importance of international trade and export performance in economic growth, this study attempts to examine the determinants of exports in SAARC Countries, using a pooled time-series and cross-section data over the period 2005-2018. The methodology employed is the export demand model...

This article considers savings, investment and economic growth for India using annual time series data for the period 1950/51 to 2003/04. The analysis uses Perron's innovational outlier model to conduct unit root tests which endogenously determines structural break. The empirical results show...

Increase in industrial output is an important indicator to identify the socio-economic development of a nation. India is one of the fastest-growing economies in the world; using its comparative advantage and capitalizing its educated youths, it tries to be as a hub of manufacturing in the world...

We study the effects of international monetary, income and prices shocks on domestic income through the external trade channel in 16 African countries between 1970 and 2012, using a SVAR Model. The results emphasize that domestic income is exposed to international shocks through the impacts of...

The study investigates the relationship between the foreign direct investment (FDI) and Gross Domestic Product (GDP) over the period 1975-2013. Granger causality test & Johansen's co-integration test have been applied to explore the direction of causality & long run relationship between the...

Bangladesh’s growing foreign aid has sparked controversy over whether it affects the country’s economic performance. This review assesses foreign aid’s influence on the country’s economic growth with annual data covering the 1989–2018 period. The Autoregressive Distributed Lag (ARDL)...

Bangladesh’s growing foreign aid has sparked controversy over whether it affects the country’s economic performance. This review assesses foreign aid’s influence on the country’s economic growth with annual data covering the 1989–2018 period. The Autoregressive Distributed Lag (ARDL)...

A standard argument of the advocates of unrestricted capital flows is that they boost a small country’s growth by increasing the efficiency of the allocated capital. In this paper I examine the nexus between capital flows and real growth for the Greek economy during the period 1980-2000. Such...

The objective of this paper is to verify the assumption of decoupling or re-coupling African economic condition and international economic shocks. This assumption is tested in 15 African countries using a SVAR model for the period 1970-2007 and the results suggest that there is re-coupling. In...