By considering a counting-type argument on Brownian sample paths, we prove
a result similar to that of Orey and Taylor on the exact Hausdorff dimension of the rapid
points of Brownian motion. Because of the nature of the ...
In this paper, we have examined the validity of the PPP hypothesis for two Southern African countries, namely: Lesotho and Zambia. We have utilized four econometric tests to examine the existence of the PPP hypothesis in ...
This study examined the effect of real exchange rate misalignments on economic growth in
sub-Saharan Africa (SSA) by employing 15 countries. The sample is subdivided into 7 lowincome
countries and 8 middle-income countries. ...
This study focuses on the Ricardian model of comparative advantage with one factor of production and two countries, but in a multi-goods dimension. This is used to explain the pattern of trade that exists between South ...
The impetus for regional integration draws its rationale from the standard international trade theory, which states that free trade is beneficial to all. Free trade among two or more countries or preferential trade will ...
The increasing level of government debt continues to be one of the most contestable topics since the great recession due to its effect on growth; however, a consensus is yet to be achieved on the topic. The current study ...
While state-owned enterprises play an instrumental role in economic development,
they are a significant fiscal risk to the state. This occurs through state-guaranteed
loans that have more lax credit monitoring, and soft ...
The main purpose of this study is to empirically assess the relationship between inflation
and economic growth in Ethiopia using quarterly dataset from 1992Q1 to 2010Q4. In
doing so, an interesting policy issue arises. ...
This thesis examines the relationship of monetary policy and investment in a theoretical framework in which monetary and real economic forces are intrinsically interlinked. The full shift from a money, real dichotomy in ...
Foreign direct investment (FDI) is crucial for developing countries in order to boost economic growth. Therefore, maintaining a favourable investment climate should be a priority goal for governments in these economies, ...
This paper investigates the nexus between public debt and economic growth by testing both the impact of aggregate public debt on economic growth, as well as the relative impact of domestic and foreign public debt on economic ...
This paper investigates the debt-growth nexus by testing both the impact of aggregate public debt on economic growth, and the relative impact of domestic and foreign public debt on economic growth using South Africa as the ...
The study has empirically examined the relative impact of public and private investment on economic growth and has also tested the crowding in or crowding out effect of public investment on private investment in four ...
This study investigates the causal relationship between remittance and poverty in Botswana using time series data from 1980-2017. To improve the robustness of the results, two poverty proxies are used, namely: household ...
This study investigated the impact of remittances on the nominal exchange rate in Kenya, using annual time series data from 1980 to 2020. The study was motivated by the need to find out how remittances affect the exchange ...
In this study, we investigate the impact of remittance inflows on poverty reduction in South Africa, using
time series data from 1980 to 2017. The main objective of this study is to establish if South Africa can
harness ...
This study investigates the causal relationship between remittances (remittance inflows) and poverty in Botswana. Time series data is utilised from 1980-2017. To improve the robustness of the results, two poverty proxies ...
The study examined the causal flow between economic growth, poverty, and remittances in Tanzania, using annual data from 1990 to 2020. Tanzania is working to achieve the policy targets set in its Vision 2025, and the ...
In this paper, we have empirically examined the impact of remittances on economic growth in South Africa over the period from 1970-2017. The study was motivated by the conflicting empirical findings that have emerged in ...
This research assesses the relevance of enhancing remittances on value added across economic sectors in sub-Saharan Africa for the period 1980 to 2014 using the Generalised Method of Moments. First, no significant net ...