This paper examines the relationship between foreign direct investment, openness and economic growth in Sudan during the period 1972-2011 using Granger causality and Johansen co-integration techniques to analyze the relationship and direction of causality between the variables. The study used autoregressive distributed lag (ARDL) approach to cointegration analysis proposed by Pesaran and Shin (...

This paper formulates a two-country economic geography model of trade and the environment, in which “entrepreneurs” who own capital are internationally mobile under monopolistic competition. When the environmental policy is predetermined, the model follows the traditional economic geography prediction where industries agglomerate in one country above certain level of trade openness. Moreover, w...

This paper presents a model of governmental support and openness, business and technology investment, and socio-economic factors that influence technological utilization for 110 countries. The conceptual framework is based on prior research showing that these factors impact the usage of technology and vice versa. Structural equation modeling is applied to conceptualize and test the model. This ...

The effects of increasing openness on economic growth and inflation are examined for the South Korean economy before the economic crisis of 1997/98. The framework of analysis is a seven-variable vector autoregressive model. The impulse response functions indicate that a shock to openness has negative effects on the growth rates of output and of the price level, but no longer-run effects. The va...