There has been a recent resurgence of interest in the relationship between income inequality and growth. We use the WIDER/UNDP World Income Inequality Database to investigate the effects of inequality and trade liberalisation on growth in a sample of exclusively developing countries. Cross-section (long-run) and panel (short run) techniques are used to test for the effect of inequality on growt...

This paper is concerned with the saddle-path stability of monetary growth rules in a two-country two-sector dynamic stochastic general equilibrium model. Alongside standard features of emerging economies, such as a combination of producer and local currency pricing for exports, fiscal dominance and oil exports, this model also incorporates informal labour and production sectors and examines how...

Over the last three decades, membership in regional trade arrangements has become one of the most important tools of trade diplomacy. Regional agreements bring a lot of benefits for the member countries through reducing barriers and restrictions. Considering the signing of the Interim PTA Agreement between Iran and Eurasia and its effects, this study aimed to investigate the economic effects of...

By incorporating human capital accumulation into a dynamic trade model, we examine the relationship between the growth rate and the specialization pattern of a growing economy. We found that as long as its autarky price differs from the world price, a small open-economy eventually specializes completely. Furthermore, the impact of the terms of trade on the growth rate depends on the trade patte...

in this study an attempt has been made to empirically examine the relationship between biodiversity and economic growth using indicators of species diversity and income per capita as proxies for biodiversity and economic growth, respectively.also the effects of agricultural value added as a percentage of gdp, trade freedom index, exchange rate, population, percantage of land developed for agric...

Usahawan asnaf dapat diklasifikasikan sebagai fakir dan miskin yang didedahkan dengan kemahiran kecenderungan dalam bidang keusahawanan. Bantuan modal diterima oleh institusi zakat membolehkan mereka berkecimpung perniagaan, sekaligus bertujuan untuk menjadikan pengeluar zakat. Justeru, artikel ini membincangkan aspek diteladani usahawan berpandukan perjalanan sirah Nabi Muhammad SAW peniaga pe...