Vous êtes sur la page 1sur 3

Faculty : Tehseen Javed

Course : Research Method

Literature Review

Research Paper: The Impact of Macroeconomic Variables on Gross Domestic Product:


Empirical Evidence from Ghana.

Agalega and Antwi examine the Gross Domestic Product (GDP) using time series data from 1980 to
2010 in Ghana. Macroeconomic variables such as interest rate, inflation rates and exchange rates
have been used. Multiple Linear Regression has been employed to get the results. Results show that
there exist a strong and positive relationship of 66% between GDP, interest and inflation rate over
the period under study and there is an influence on GDP because of the behavior pattern of interest
and inflation rates. Furthermore, the study revealed that GDP and inflation rate moved in the same
direction having positive relationship. It also shows that there is an inverse relationship between the
interest rat and GDP. It is suggested that government along with the bank of Ghana should develop
prudent policies that would help at reducing the inflation and interest rates to boast the growth of
the economy.

Research Paper : Effects of Income tax changes on Economic growth

Gale and Samwick (2014) examine how changes to the individual income tax affect long term
economic growth. Variable analysed are changes in the revenue and structure of the tax.
Result shows that not all tax changes will have the same impact on growth. They also presented one
strong finding from all of the analysis is that not all tax changes will have the same impact on
growth. Reforms that improve incentives, reduce existing subsidies, avoid windfall gains, and avoid
deficit financing will have more auspicious effects on the long-term size of the economy, but in
some cases may also create trade-offs between equity and efficiency.

Faculty : Tehseen Javed

Course : Research Method

Research Paper: Impact of National Income on Government Development And NonDevelopment Expenditure in India

Saiyed attempts to examine the impact of National Income (GDP) on Government Development
and Non development expenditure by using time series data from 1980 to 2011 in India. Two
Variable Regressions models have been employed to get the results. Results show that there is a
positive and strong impact of National Income (GDP) on Government development and Non
development expenditure in India. Furthermore this study also revealed that the National Income
(GDP) is statistically significant and positive influence on the determination of Total Government
expenditure (TGE). This analysis leads that the rate of Government development and Non
development expenditure is related to the National Income (GDP).

Research Paper:

(Mahmood & Dinniah, 2009) worked on relationship between FOREX, Inflation rate, GDP and
Stock prices of six (06) Asia-Pacific region Countries. By applying Granger causality test and
Johansen and Juselius co-integration test, they suggest that there is a long-run relation between
selected variables and stock prices in all chosen countries except for Malaysia. He also used ECM
[Error Correcting Model] to find the short-run relation between selected variables and share prices
and found that there is no short-run relation between selected variables in all selected countries
except between output and stock prices in Thailand and between share prices and exchange rate in
Hong Kong. The basic implication for their study was to provide a thankful knowledge to investors
that there exists no major impact on the volatility of stock prices in relation with macro-economic
variables in all selected countries except for Thailand and Hong Kong.

Research Paper:

Faculty : Tehseen Javed

Course : Research Method

Robert examines by using 100 Countries data from 1960 to 1990 in order to assess the effect of FDI
on economic growth an empirical analysis has been used and the results shows that total FDI exerts
an ambiguous effect on growth.FDI has however negative effect in primary market while
investment in secondary are positive.