<scp>Internationalization–Industrial</scp> output nexus: Evidence from 15 <scp>late‐industrialized</scp> economies

Evidence from African Economies

The paper explores the impact of a binding external debt-servicing constraint on the sectoral composition of government expenditures in the economies of Africa, where this constraint has traditionally been most prevalent. Applying seemingly unrelated regression (SUR) to 1975-94 five-year panel data for 35 countries, the paper finds that the implied debt service burden adversely affects the shar...

Evidence from the Transition Economies

Over the past few years, many commentators have suggested that the Internet is one of the forces driving globalization. This paper tries to assess one aspect of these claims, looking at whether Internet access appears to affect the export performance of enterprises in lowand middle-income economies in Eastern Europe and Central Asia. The papers finds that even after controlling for self-selecti...

The Co-movement between Output and Prices: Evidence from Iran

This paper employs a multivariate dynamic conditional correlation GARCH model, which is developed by Engle (2001, 2002), to detect the timing and nature of changes in the comovement between Iranian output and prices for the periods after Iran–Iraq war , known as imposed war . The results showed that there is a weak correlation between output and prices after imposed war and  varies periodically...

Stabilisation in Output Growth Rates: Evidence from the G-7 Economies

This paper forms part of the ESRC funded project (Award No. L1382511013) " Business Cycle Volatility and Economic Growth: A Comparative Time Series Study " , which itself is part of the Understanding the Evolving Macroeconomy Research programme.

“Heterogeneity in the debt-growth nexus: Evidence from EMU