Economic Performance and Inflation Targeting in Developing Economies
Issue:
Volume 3, Issue 1, February 2014
Pages:
1-7
Received:
17 January 2014
Published:
20 February 2014
Abstract: This paper investigates the effect of inflation targeting (IT) on inflation, output growth and interest rates. Based on panel data of 53 developing countries, of which 20 that have adopted IT by the end of 2007. In this study we use the differences-in-differences approach of Ball and Sheridan (2005) to analyze the relationship between IT and economic performance over the period 1980-2012. The results show that the empirical analysis confirms that the effect of inflation targeting in developing economies will contribute effectively to achieve economic performance.
Abstract: This paper investigates the effect of inflation targeting (IT) on inflation, output growth and interest rates. Based on panel data of 53 developing countries, of which 20 that have adopted IT by the end of 2007. In this study we use the differences-in-differences approach of Ball and Sheridan (2005) to analyze the relationship between IT and econom...
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Econometric Assessment of a European and Indian Free Trade Agreement
Bodo Herzog,
Preeta George
Issue:
Volume 3, Issue 1, February 2014
Pages:
8-14
Received:
27 March 2014
Accepted:
11 April 2014
Published:
20 April 2014
Abstract: This article focuses on potential economic implications of a free trade agreement (FTA) between the European Union (EU) and the Indian Federation. The economic implications are evaluated by estimating an extended gravity model for all existing FTAs with the Indian Federation. Moreover, we control for the trade contribution of EU member countries in our econometric model during the period from 1990 until 2008. The results show a significant increase in trade, if there is a free trade agreement between India and another country. Interestingly, we find that India has the largest positive impact from FTAs with more advanced economies. Thus, we reaffirm the potential benefits of trade relationships between the EU and India
Abstract: This article focuses on potential economic implications of a free trade agreement (FTA) between the European Union (EU) and the Indian Federation. The economic implications are evaluated by estimating an extended gravity model for all existing FTAs with the Indian Federation. Moreover, we control for the trade contribution of EU member countries in...
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