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Full-Text Articles in International Economics

The Effects Of Imf's Lending And Conditionalities On Economic Growth: Case Of Sadc Countries, Lutete Celina Carlos Jan 2021

The Effects Of Imf's Lending And Conditionalities On Economic Growth: Case Of Sadc Countries, Lutete Celina Carlos

Masters Theses

I examine the impact of IMF credit use and its conditions on economic growth performance in 12 South African countries over a period of 1999-2019. The work adopts an empirical and quantitative approach to analyzing the relationship between the GDP per Capita, the use of IMF Credit, Government Final Consumption Expenditure, Net Domestic Credit and Current Account balance. These variables are the most recommended in the IMF conditionalities during the lending arrangements with SADC members. The study uses Fixed-effect approach to evaluate how the use of IMF program and the conditions imposed directly affects economic growth. A dummy variable is …


A Comparative Analysis On Output Gap - Inflation Relation: The New Keynesian Approach, Oladimeji Tomiwa Shodipe Jan 2019

A Comparative Analysis On Output Gap - Inflation Relation: The New Keynesian Approach, Oladimeji Tomiwa Shodipe

Masters Theses

The thrust of this research paper is to examine the inflation information that is contained in the output gap using the New Keynesian Phillips Curve framework. As informed by the model, the study also sets to investigate inflation persistence and the influence of forward inertia on the current inflation. This paper follows the Gali and Monacelli (2005) of the small open-economy type of model. However, the current study differs by introducing external factors (trade and real exchange rate) not only on the hybrid model, also on the backward, forward and the hybrid restricted models for time-series data (1971-2017) of all …


From Trade Deficit In Goods To Trade Surplus In Services: An Eclectic And Extended Gravity Model Approach In Analyzing The Determinants Of Service Trade Of The United States, Tofayel Ahmmad Jan 2015

From Trade Deficit In Goods To Trade Surplus In Services: An Eclectic And Extended Gravity Model Approach In Analyzing The Determinants Of Service Trade Of The United States, Tofayel Ahmmad

Masters Theses

This paper employs an eclectic and extended gravity model of trade to assess the most important determinants of real export and import of services of the United States by analyzing US service trade with its 33 partner countries for 15 years. Distance affects US real export of services negatively, but has no influence on US real import of services. A devaluation of the US dollar increases service export of the United States. We find a positive relationship between US goods trade and US service exports. US outward FDI has a positive impact on US real export of services, but has …


Modeling The Effects Of Distance And Spatial Dependence In International Trade, Jesse Oakes Piburn May 2013

Modeling The Effects Of Distance And Spatial Dependence In International Trade, Jesse Oakes Piburn

Masters Theses

The gravity model has been widely used estimate the effect that distance has in international trade; however, two important areas have seen little attention in the literature, namely, the influence of using a more accurate measure of distance and how distance effect estimates change when controlling for spatial dependence in observed trade flows. Using transportation networks to measure distance and estimating both a spatial lag and spatial error gravity model, Canadian provincial exports to the lower 48 states in the United States were analyzed to address these previously ignored issues. It was found that the traditional distance measure of great …