Journal of World Economic Research

Volume 4, Issue 5, September 2015

  • Global Capital Mobility: Some New Empirical Evidence

    Anisul M. Islam, Muhammad Mustafa, Matiur Rahman

    Issue: Volume 4, Issue 5-1, September 2015
    Pages: 1-7
    Received: Jul. 01, 2015
    Accepted: Jul. 02, 2015
    Published: Aug. 13, 2015
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    This article belongs to the Special Issue The Globalization and Economic Structure Changes
    Abstract: Using Saving-Investment relationship as indirect evidence of global capital mobility, this paper empirically examines the capital mobility hypothesis using new data for forty developing countries. The paper utilizes annual data over 1960-2013 period, the longest time period of 54 years for as many developing countries ever used with a panel sample ... Show More
  • China’s Path to Sustainable, Stable and Rapid Economic Development: From the Largest to the Strongest Manufacturing Country

    Yueyun (Bill) Chen

    Issue: Volume 4, Issue 5-1, September 2015
    Pages: 8-19
    Received: Jun. 29, 2015
    Accepted: Jun. 30, 2015
    Published: Aug. 13, 2015
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    This article belongs to the Special Issue The Globalization and Economic Structure Changes
    Abstract: The global manufacturing trade comprises 70% of the total trade, and the manufacturing export from China comprises 93% of the country’s total export. This paper explores the importance of continuously maintaining a strong manufacturing industry for China’s future economic development. It emphasizes that in order to be a world economic leader, China... Show More
  • Globalization: Some Controversies and Its Humanization

    Matiur Rahman, Prashanta K. Banerjee

    Issue: Volume 4, Issue 5-1, September 2015
    Pages: 20-26
    Received: Jun. 30, 2015
    Accepted: Jul. 02, 2015
    Published: Aug. 13, 2015
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    This article belongs to the Special Issue The Globalization and Economic Structure Changes
    Abstract: This paper studies the issue of interactive reinforcements among per capita real GDP, literacy rate and life expectancy invoking pooled OLS. Annual data from 2000 through 2013 are employed for selected twenty Asian countries. The results reveal strong interactions among the above three variables underscoring the importance of human capital and long... Show More
  • The Challenges Faced Across South-south Cooperation

    Shailly Nigam

    Issue: Volume 4, Issue 5-1, September 2015
    Pages: 27-32
    Received: Jul. 09, 2015
    Accepted: Jul. 17, 2015
    Published: Aug. 13, 2015
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    This article belongs to the Special Issue The Globalization and Economic Structure Changes
    Abstract: South-South cooperation (SSC) elucidates the cooperation made by developing countries to find mutual solutions for common constraints faced by development of the state. Connected by likenesses in their development settings and challenges, the nations of the South have been ever more vigorous in cooperating with each other in terms knowledge sharing... Show More
  • The Causality between Economic Growth and the Environmental Quality: Implementing the Hsiao Causality Test Using Regression Model and Artificial Neural Network (ANN)

    Morteza Hasanshahi, Majid Zare

    Issue: Volume 4, Issue 5-1, September 2015
    Pages: 33-39
    Received: Jun. 21, 2015
    Accepted: Jun. 26, 2015
    Published: Aug. 13, 2015
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    This article belongs to the Special Issue The Globalization and Economic Structure Changes
    Abstract: The aim of the present study was to determine the causality between economic growth and environmental quality. The variables under study were economic growth, government expenditure, openness degree of the economy, capital stock, population, average export of contaminants, and carbon dioxide (CO2) emissions during the time period from 1977 to 2010 ... Show More
  • Higher Education for Economic Progress in a Global Framework with Special Reference to Bangladesh

    Muhammad Mahboob Ali, Vichayanan Rattanawiboonsom, Sudhir K. S. Yadav

    Issue: Volume 4, Issue 5-1, September 2015
    Pages: 40-52
    Received: Jul. 01, 2015
    Accepted: Jul. 08, 2015
    Published: Aug. 13, 2015
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    This article belongs to the Special Issue The Globalization and Economic Structure Changes
    Abstract: Globally education is the important factor to access in the market driven force which changes economic benefits. Higher education is adding value in the process of economic advancement of a country. The study raised the question to examine the impact of higher education of Bangladesh in the process of raising economic productivity. This study also ... Show More
  • The Wage Effect of Informal Sector in Developing Countries

    Tchakounté Njoda Mathurin, Abdoul Karim

    Issue: Volume 4, Issue 5-1, September 2015
    Pages: 53-62
    Received: May 30, 2015
    Accepted: Jun. 24, 2015
    Published: Aug. 13, 2015
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    This article belongs to the Special Issue The Globalization and Economic Structure Changes
    Abstract: A theoretical model of wage effect of informal sector has been developed with special reference of informal sector. The implication of the theory in the context of a model of a competitive labour market where the wage impact of informal employment is influenced by such factors as the elasticity of product demand, the rate at which the consumer base... Show More