Journal of World Economic Research

Volume 4, Issue 4, August 2015

  • Impact of Ethiopian Trade Balance: Bound Testing Approach to Cointegration

    Gebe Yemataw Gzaw

    Issue: Volume 4, Issue 4, August 2015
    Pages: 92-98
    Received: Jul. 03, 2015
    Accepted: Jul. 14, 2015
    Published: Jul. 25, 2015
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    Abstract: This study is an attempt to examine the short and long-run relationship between the trade balance, income, money supply, and real exchange rate in the case of Ethiopian economy. The bounds testing approach to co integration and error correction models, developed within an autoregressive distributed lag (ARDL) framework is applied to annual data for... Show More
  • Fiscal Variables and Economic Growth in Oil-rich Developing Countries (1981-2013)

    Olusi Janet, Dada Matthew Abiodun

    Issue: Volume 4, Issue 4, August 2015
    Pages: 99-108
    Received: Jun. 23, 2015
    Accepted: Jul. 16, 2015
    Published: Aug. 10, 2015
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    Abstract: This study examined the growth effect of fiscal variable specifically government expenditure in the oil-rich developing countries of Nigeria, Indonesia and Saudi Arabia. The study covered the period 1981 to 2013. The secondary data used for the study were fetched from World Development Indicators (WDIs) 2014 edition and Pen World Tables version 8.1... Show More