: (Determinants of Economic Growth in Transition Economies: Their Implications for North Korea)

2014 ◽  
Author(s):  
Hyung-Gon Jeong ◽  
Byung-Yeon Kim ◽  
Jae Wan Lee ◽  
Ho-Kyung Bang ◽  
Yi Kyung Hong
Keyword(s):  
Economic Growth ◽  
Transition Economies ◽  
North Korea ◽  
Determinants Of Economic Growth

Determinants of Economic Growth in Transition Economies: Implications for Economic Reform in North Korea

2015 ◽  
Author(s):  
Hyung-Gon Jeong ◽  
Byung-Yeon Kim ◽  
Jae Wan Lee ◽  
Ho-Kyung Bang ◽  
Yi Kyung Hong
Keyword(s):  
Economic Growth ◽  
Transition Economies ◽  
Economic Reform ◽  
North Korea ◽  
Determinants Of Economic Growth

Economic Growth and Macro Variables in India: An Empirical Study

2015 ◽  
pp. 42-59
Author(s):  
Saba Ismail ◽  
Shahid Ahmed
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Trade Openness ◽  
Capital Formation ◽  
Gdp Growth ◽  
Fdi Inflows ◽  
Domestic Capital ◽  
The Government ◽  
Macro Variables ◽  
Determinants Of Economic Growth

The research objective of this paper is to explore the empirical linkages between economic growth and foreign direct investment (FDI), gross fixed capital formation (GFCF) and trade openness in India (TOP) over the period 1980 to 2013. The study reveals a positive relationship between economic growth and FDI, GFCF and TOP. This study establishes a strong unidirectional causal flow from changes in FDI, trade openness and capital formation to the economic growth rates of India. The impulse response function traces the positive influence of these macro variables on the GDP growth rates of India. The study also reveals that the volatility of GDP growth rates in India is mainly attributed to the variation in the level of GFCF and FDI. The study concludes that the FDI inflows and the size of capital formation are the main determinants of economic growth. In view of this, it is expected that the government of India should provide more policy focus on promoting FDI inflows and domestic capital formations to increase its economic growth in the long-term.

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