April 2012

Does economic growth and financial development spur energy consumption in Tunisia?

  This study investigates the link between energy consumption, financial development and growth in Tunisia. The causal relationship between energy consumption growth (ENC), per capita GDP growth (GDP) and credit to the private sector as a proxy of financial development (CSPV) during the 1972 to 2010 period was examined using the cointegration and vector error correction models for Granger causality...

Author(s):   Slim Chtioui  

April 2012

Tax policy developments, donor inflows and economic growth in Malawi

  Government continuously operates with revenues below expenditures and taxation is increasingly becoming a sensitive political and economic tool to be relied upon as an instrument for revenue generation and economic growth. This study seeks to examine the impact of tax policy and donor inflows on economic growth in Malawi from 1970 to 2010 using data envelope analysis (DEA) and transcendental logarithm...

Author(s):   Austin Chiumia and Kisu Simwaka