scholarly journals Trade Openness and Economic Growth: Empirical Evidence from Transition Economies

2018 ◽  
Author(s):  
Sabina Silajdzic ◽  
Eldin Mehic
Keyword(s):  
Economic Growth ◽  
Empirical Evidence ◽  
Transition Economies ◽  
Trade Openness

scholarly journals Trade openness and economic growth: empirical evidence from Pakistan

2017 ◽  
Vol 4 (1) ◽  
pp. 1-3
Author(s):  
Waqas Ahmad ◽  
Sadia Mir ◽  
Maria Siddique ◽  
Hafiz Ur Rehman
Keyword(s):  
Economic Growth ◽  
Empirical Evidence ◽  
Empirical Studies ◽  
Aggregate Demand ◽  
Trade Openness ◽  
Output Growth ◽  
Least Square ◽  
Ordinary Least Square ◽  
Model Sample ◽  
Data Period

This study examines the effects of increasing trade openness on Pakistan’s economic growth. A four variable macro model based on the textbook type familiar aggregate demand – aggregate supply framework is specified. And a simple ordinary least square (OLS) technique is used for the estimation. For Pakistan, shocks to trade openness have negative (but insignificant) effects on output growth. The significance of the results depends on the specification of the model, sample size and the length of the data period. The results seem to be consistent with the findings of some empirical studies in which a country may suffer a loss due to increase openness of an economy.

Bribery and Its Implications on Entrepreneurship in the Informal Economy

2018 ◽  
pp. 200-218
Author(s):  
Phan Anh Tu
Keyword(s):  
Economic Growth ◽  
Empirical Evidence ◽  
Transition Economies ◽  
Informal Sector ◽  
Informal Economy ◽  
Firm Level ◽  
Key Concepts ◽  
Informal Entrepreneurship ◽  
Propensity To Pay ◽  
Official Status

This chapter argues that while informal entrepreneurship is important in transition economies (for economic growth, job generation, and welfare improvement), it opens informal entrepreneurs to bribery requests because of their non-official status. With empirical evidence from Vietnam, this chapter demonstrates that the likelihood of bribery is determined by a firm's attributes. Building on a unique dataset of 352 entrepreneurs in informal firms in Vietnam, this chapter is able to quantify bribery at the firm level and measure key concepts. The empirical findings confirm the key assumption that entrepreneurs operating in the informal sector of the same country may vary in their propensity to pay bribes due to pressure resulting from (a) factors that are specific to the firms, or (b) factors specific to their perceptions of the environment.

scholarly journals Relationship between Financial Development and Economic Growth: Empirical Evidence in Indonesia

2018 ◽  
Vol 10 (12) ◽  
pp. 37 ◽  
Author(s):  
Hafnida Hasan
Keyword(s):  
Economic Growth ◽  
Empirical Evidence ◽  
Granger Causality ◽  
Financial Development ◽  
Trade Openness ◽  
Government Expenditure ◽  
Long Run ◽  
Push Forward ◽  
Using Data ◽  
The Relationship

The aim of this paper to examine the relationship between financial development and economic growth in Indonesia by using data from 1986 until 2014. Johansen co-integration and Granger causality are utilized to analyze the data. The financial development is measured by the ratio of broad money and other control variables such as trade openness and government expenditure. The finding indicates that there is long run relationship between financial development and economic growth. Meanwhile, a unidirectional relationship had been found, it come from economic growth to financial development. Therefore, a policy to increase economic growth will push forward in proper to improve financial development in Indonesia.

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