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This paper analyzes the impact of economic freedom along with traditional economic factors on economic growth for a panel of European countries. The growth of the gross domestic product was observed over a twenty-year time period on a sample of 43 developing and developed countries. Based on a...
Persistent link: https://www.econbiz.de/10012173941
We develop a rational expectations model of financial bubbles and study ways in which a generic risk-return interplay is incorporated into prices. We retain the interpretation of the leading Johansen-Ledoit-Sornette model, namely, that the price must rise prior to a crash in order to compensate...
Persistent link: https://www.econbiz.de/10011523683
of corruption, solid political and economic stability determine significant effects on most financial variables … factors the main results hold, in that monitoring corruption, maintaining political stability and designing sound economic …
Persistent link: https://www.econbiz.de/10012505359
Corruption is widely believed to negatively affect economic growth. However, many East and Southeast Asia countries … either achieved or currently are achieving impressively rapid economic growth despite widespread corruption - the 'East Asian … of political institutions in mediating the corruption-growth relationship using panel data over one hundred countries for …
Persistent link: https://www.econbiz.de/10012102930
This paper investigates the human capital and economic growth nexus in the presence of corruption for a disaggregated … affects economic growth even though for some groups of economies, corruption boost up economic growth while for some others …
Persistent link: https://www.econbiz.de/10012030482
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Distributed Lag (ARDL) estimation. Empirical results infer that the moderating role of corruption is crucial in measuring the …The destructive role of institutional quality such as corruption has been considered an important factor for economic …. This research examines the institutional role in controlling corruption within the preview of CO2 emissions-economic growth …
Persistent link: https://www.econbiz.de/10014464356
The nexus between corruption and economic growth has been examined for a long time. Many empirical studies measured … corruption by the reversed Transparency International’s Perception of Corruption Index (CPI) and ignored that the CPI was not … 2012-2018 and re-examine the nexus between corruption and economic growth. The cumulative long-run effect of corruption on …
Persistent link: https://www.econbiz.de/10012064480
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