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There has been controversy amongst economists regarding the nature of the relationship between trade openness and economic growth. The standard neoclassical model of exogenous growth postulates that changes in trade openness can only affect the pattern of product specialization but not the long...

This study empirically investigates the effects of real exchange rate volatility on tobacco export growth in Zambia. The study employs annual time series data for the period 1992 to 2014 and uses the Exponential Generalised Autoregressive Conditional Heteroskedasticity (EGARCH) to measure...

This study investigated the empirical evidence on the effect of exchange volatility on private capital inflows in Zambia. The investigation used monthly time series data for the period 1992-2012 relating to exchange rate, gross domestic product, foreign direct investment and foreign portfolio...