Military expenditures and economic growth: allowing structural breaks in time series analysis in the case of India and Pakistan

2015 ◽  
Vol 50 (4) ◽  
pp. 1487-1505 ◽  
Author(s):  
Abdul Jalil ◽  
Hafiz Khuram Nadeem Abbasi ◽  
Nazia Bibi
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Time Series Analysis ◽  
Structural Breaks ◽  
Series Analysis ◽  
Military Expenditures

The Contribution of Foreign Direct Investment for Economic Growth of Ethiopia: Time Series Analysis

2018 ◽  
Vol 9 (02) ◽  
Author(s):  
Addissie Melak
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Foreign Direct Investment ◽  
Time Series Analysis ◽  
Direct Investment ◽  
Policy Framework ◽  
Annual Growth Rate ◽  
African Countries ◽  
Series Analysis ◽  
Integration Test

Economic growth of countries is one of the fundamental questions in economics. Most African countries are opening their economies for welcoming of foreign investors. As such Ethiopia, like many African countries took measures to attract and improve foreign direct investment. The purpose of this study is to examine the contribution of foreign direct investment (FDI) for economic growth of Ethiopia over the period of 1981-2013. The study shows an overview of Ethiopian economy and investment environment by the help of descriptive and econometric methods of analysis to establish empirical investigation for the contribution of FDI on Ethiopian economy. OLS method of time series analysis is employed to analyse the data. The stationary of the variables have been checked by using Augmented Dickey Fuller (ADF) Unit Root test and hence they are stationery at first difference. The co- integration test also shows that there is a long run relationship between the dependent and independent variables. Accordingly, the finding of the study shows that FDI, GDP per capita, exchange rate, total investment as percentage of GDP, inflow of FDI stock, trade as percentage of GDP, annual growth rate of GDP and liberalization of the economy have positive impact on Ethiopian GDP. Whereas Gross fixed domestic investment, inflows of FDI and Gross capital formation influence economic growth of Ethiopia negatively. This finding suggests that there should be better policy framework to attract and improve the volume of FDI through creating conducive environment for investment.

Does Political Stability Accelerate Economic Growth in Tanzania? A Time Series Analysis

2016 ◽  
Vol 17 (5) ◽  
pp. 1026-1036 ◽  
Author(s):  
Abeid Ahmed Ramadhan ◽  
Zhi Hong Jian ◽  
Kyissima Kelvin Henry ◽  
Yapatake Kossele Thales Pacific
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Time Series Analysis ◽  
Political Stability ◽  
Series Analysis
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