Price Trends, Economic Growth, and the Canadian Balance of Trade: A Three-Country Model

1971 ◽  
Vol 79 (3) ◽  
pp. 596-613
Author(s):  
Roger A. Sedjo
1968 ◽  
Vol 76 (6) ◽  
pp. 1209-1223 ◽  
Author(s):  
John E. Floyd ◽  
Allan Hynes

Author(s):  
Comfort Akinwolere Bukola ◽  

This study examined the impact of exchange rate volatility on economic growth in Nigeria. The study covers the period of 1986 to 2019. Using time series data, the methodology adopted is the Vector Error Correction Mechanism to explore the impact of exchange rate volatility on the selected macroeconomic variables. The result indicated that exchange rate volatility has a significant impact on economic growth, specifically it has a positive impact on inflation, unemployment and balance of trade. On the other hand it has a negative impact on economic growth and investment. The recommendations made include; that relevant authorities should try to avoid systematic currency devaluations in order to maintain exchange rate volatility at a rate that allows adjustment of the balance of payments.


2018 ◽  
Vol 16 (1) ◽  
pp. 45
Author(s):  
Happy Febrina Hariyani

Tourism is believed to be a booster for economic growth in developing countries. The tourism sector in Indonesia is one of the sectors that has the highest contribution in foreign exchange to the economy. Tourism activity in the form of export trade in services is the only sector that constantly make a positive contribution in the balance of trade in services in Indonesia. This study aims to analyze the influence of tourism consumption, tourism investment and government spending to economic growth. The results of this study indicate that, in the long run, those variables affect economic growth. While in the short run, they do not influence economic growth.


1997 ◽  
Vol 28 (1) ◽  
pp. 103-119
Author(s):  
Ken-ichi SEMBA ◽  
Masayuki MIYASAKA

Author(s):  
Dat Tho Tran ◽  
Van Thi Cam Nguyen

This study aims at investigating the impact of globalization on economic growth in the case of Vietnam. Empirical analysis is done by using time series data for the period from 1995 to 2014. The paper tested the stationary cointegration of time series data and utilized the error correction modeling technique to determine the short run relationships among economic growth, globalization, foreign direct investment, balance of trade and exchange rate variables. Then, the long run relationship between economic growth and the variables representing economic integration were estimated by ordinary least square. The results show that globalization, measured by the KOF index, promotes economic growth and Vietnam has gained from integrating into the global economy. The overall index of globalization had positively and significantly impacted the economic growth in Vietnam. The results also indicated that economic globalization had a significantly positive effect on economic growth in the period examined. The study further revealed that foreign direct investment and the exchange rate affect economic growth positively whereas balance of trade affects economic growth negatively.


2021 ◽  
Vol 19 (2) ◽  
pp. 115-123
Author(s):  
Maria Pia Paganelli

How do we measure economic growth? In the eighteenth century, well before the birth of Gross Domestic Product commonly used today, looking at the sign of the balance of trade was a way to take the pulse of a nation's economy. Adam Smith rejects this measure and instead suggests that we should look at population growth. Nations that are able to produce enough to support the life of a growing population have growing economies, nations with constant population have stagnant economies, and nations that face a declining population have contracting economies. Thus, population for Adam Smith is a proxy for our Gross Domestic Product, indicating the changes in production in a country over time.


Author(s):  
Agustina Rayes

AbstractHistoriography has payed less attention to imports than exports from the last quarter of the nineteenth century to the beginning of World War I. On the one hand, this is explained by the crucial and more visible part that exports played in fostering economic growth. On the other, the reason why imports have been less studied is the high level of disaggregation of the data available. In this paper, we analyse the official Argentine statistics as the main source for a reconstruction of imports. Then, we recalculate the balance of trade using our corrected export series. Additionally, we propose a research agenda based on gaps in the specialised literature and the possibilities given by the use of the official statistics.


2020 ◽  
Author(s):  
T.N. Tran ◽  
Thu Thuy Nguyen ◽  
V.C. Nguyen ◽  
T.T.H. Vu

The purpose of this work is to study the effects energy consumption, economic growth and trade balance in the East Asian countries. Using a panel data analysis in the period over 1996-2015, the study analyzes based on the methods of fixed, random effects, and pooled ordinary least squares. The data were collected from World Development Indicators, Department of Statistics in relevant countries used in the study. Our results demonstrate that energy consumption has negatively affected trade balance while economic growth that can negatively affect the balance of trade but insignificant. Further, the prime factors that can significantly impact trade balance are exports, exchange rates and development level. Both exports and exchange rates have positive and significant impacted on trade balance. Finally, a country with a higher level of domestic income will certainly perform a higher level of trade balance.


Sign in / Sign up

Export Citation Format

Share Document