the major challenge facing iranian economy is its overwhelming dependence on the oil exports. however, the world oil price has been subject to a lot of shocks, which have destabilized the iranian terms of trade. hence, this paper empirically examines the effect of terms of trade volatility on iran’s economic growth over 1967-2006. for this purpose, based on a garch model, a proxy for the terms ...

Abstract: Over the last twenty years, there has been a growing fascination about the livelihood of islands with small populations and territories which overwhelmingly rely on tourism as a source of exports. The Small Island Tourism Economies profiled in this paper were colonised, and had depended heavily on financial aid from their former colonists for infrastructure development that has declin...

this paper examines the short- and long-run effects of domestic research and development (r&d;) and foreign r&d; (throw the channels of capital goods import and foreign direct investment) on iranian economic growth using of endogenous growth models and bounds test approach to level relationship over the period of 1351-1386. bounds test approach results confirm the existence of long-run relation...

The present study examined the impact of foreign direct investment, trade, final consumption expenditures, exports and imports goods services on Romanian economic growth. used yearly data ranging from 1990 to 2020, stationarity was checked using unit root testing. An asymmetric (non-linear autoregressive distributed lag) technique employed examine relationship between variables with estimation ...

This paper embarks to analyse the role of exports and investment supposed to be major sources of economic growth in Asia Pacific. Therefore at first, the cointegration properties of exports, capital formation and GDP are examined in vector error correction models (VECMs). The results confirm the crucial role of exports and investment in the Asian growth dynamics. In a second stage, the structur...

this paper investigates the effect of foreign trade and human capital on economic growth using pooling data for the oic member countries over the period 1980-2003. for this purpose, the soderbom-teal (2003) growth model is re-specified with the variables such as growth of manufacturing exports, manufacturing imports, human capital, labor force and physical capital. the empirical results indicat...

he East African Community (EAC) was revived in July 2000. Since then, there has been some progress registered in expansion of trade between the five member countries, especially with the Customs Union that brought together Kenya, Tanzania and Uganda in 2004, with Rwanda and Burundi joining in 2008. According to the EAC Development Strategy for 2011/12 to 2015/16, intra-EAC trade grew by 40 perc...