Showing 1 - 10 of 19
The objective of this study is to investigate the nexus between financial development (FD) in economic growth (GROWTH) in developing countries. The study uses panel data from 138 developing countries during the period 1980-2018. The relationship between financial development and economic growth...
Persistent link: https://www.econbiz.de/10013201173
The objective of this study is to investigate the nexus between financial development (FD) in economic growth (GROWTH) in developing countries. The study uses panel data from 138 developing countries during the period 1980-2018. The relationship between financial development and economic growth...
Persistent link: https://www.econbiz.de/10012792392
In this study, we explore the hypotheses that (a) workers' remittances enhance economic growth in Latin American countries, and (b) workers' remittances help reduce poverty in Latin American countries. In recent decades, workers' remittances have become an important source of income for many...
Persistent link: https://www.econbiz.de/10013199664
This paper analyzes the effects of real exchange rate volatility on the United States' exports to BRICS. It focuses on the top 20 export products (defined by the 2-digit Harmonized System codes) from the United States to Brazil, Russia, India, China, and South Africa, and uses quarterly data for...
Persistent link: https://www.econbiz.de/10013201376
Persistent link: https://www.econbiz.de/10011291576
It is well-known that financial markets respond quickly to the announcements of changes in the Federal Funds target rate. This paper examines the stock price reaction of individual stocks listed under the Dow Jones Industrial Average to Federal Funds target rate change announcements using daily...
Persistent link: https://www.econbiz.de/10013133955
This paper estimates South Africa's disaggregated import demand function with Nigeria from 1992 to 2010 utilizing the bounds testing approach to co-integration and the unrestricted error-correction model. We further estimate South Africa's short-run and long-run import elasticities. Our results...
Persistent link: https://www.econbiz.de/10013113734
The objective of this study is to investigate the relationships between tourism development and economic growth in developing countries using the newly developed heterogeneous panel co-integration technique. This study examines the causal relationship between tourism development and economic...
Persistent link: https://www.econbiz.de/10013113743
This study investigates the effects of exchange rate volatility on the top ten categories of exports by the United States to South Africa over a 20-year period from January 1990 to December 2009. The paper uses several measures of volatility to generate a measure of exchange rate volatility,...
Persistent link: https://www.econbiz.de/10013122846
This paper analyzes the effects of foreign direct investment on the economic growth of developing countries. The study uses annual data on a group of 85 developing countries covering Asia, Africa, and Latin America and the Caribbean for the period 1980-2007. We explore the hypothesis that...
Persistent link: https://www.econbiz.de/10013123117