The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…
AbstractThis study examines the impact of exports, imports, and trade openness on Namibia’s economic growth using the ARDL cointegration method. The results reveal a significant negative relationship between imports and economic growth, while…
This paper investigates the impact of investment climate on FDI in Africa using a dataset that spans 2000 to 2018. It also hypothesised that the relationship between investment climate and FDI could vary by country classification as a landlocked,…