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Endogenous directed technical change for energy transition
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…
Economic Globalisation and Public Debt: What Implications Does an Integrated South African Economy Hold for Fiscal Policymakers?
AbstractGlobalisation is a deep-rooted phenomenon that has significantly shaped developed and developing economies alike. Characterised by its controversial past, South Africa provides a unique case when considering how global integration has…
Effect of Public Debt on the twin deficits using a Threshold time series model: Case Study of Jordan 1980-2020
This study examines the Effect of Public Debt on the twin deficits using the threshold time series model of the Jordanian economy from 1980-2020. The independent variables were relied upon: private saving, production gap, economic growth, trade…
Testing the Impact of Exports, Imports, and Trade Openness on Economic Growth in Namibia: Assessment Using the ARDL Cointegration Method
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…