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Bribery Environment and Firm Performance: Evidence from Central and Eastern European Countries
Hanousek, Jan; Kochanova, Anna - C.E.P.R. Discussion Papers - 2015
We examine the relation between bureaucratic corruption and firm performance in CEE countries. While previous research uses data from BEEPS, which suffers from excessive non-reporting of corporate performance, we combine reliable firm financials from the Amadeus database with information on...
Persistent link: https://www.econbiz.de/10011207394
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Volatility, Financial Development and the Natural Resource Curse
Poelhekke, Steven; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2007
investment share, initial human capital, trade openness, the national income share of natural resource exports and population …
Persistent link: https://www.econbiz.de/10005123919
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Natural disasters and the effect of trade on income: A new panel IV approach
Felbermayr, Gabriel; Gröschl, Jasmin - In: European Economic Review 58 (2013) C, pp. 18-30
and Romer (1999) to a panel setup. This allows revisiting an old question: Does openness cause per capita GDP? We work … openness of a country. Controlling for constant determinants of income (history, geography) by means of fixed effects, we find …
Persistent link: https://www.econbiz.de/10011048553
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Trade openness and economic growth: Bayesian model averaging estimate of cross-country growth regressions
Eriṣ, Mehmet N.; Ulaṣan, Bülent - In: Economic Modelling 33 (2013) C, pp. 867-883
In this paper, we investigate the robustness of the relationship between trade openness and long-run economic growth … a systematic manner. We find no evidence that trade openness is directly and robustly correlated with economic growth in … the long run. We further check the robustness of this finding by employing a battery of proxies for trade openness, namely …
Persistent link: https://www.econbiz.de/10011048896
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Monetary and fiscal institutional designs
Dimakou, Ourania - In: Journal of Comparative Economics 41 (2013) 4, pp. 1141-1166
Two investment decisions in economic institutions are feasible; investments in monetary institutions in the form of delegation of monetary policy to a more conservative or independent central bank, and investments in fiscal capacity, in the form of combating bureaucratic corruption and its...
Persistent link: https://www.econbiz.de/10010719609
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"Growth and Adjustment in East Asia and Latin America"
Gregorio, José de; Lee, Jong-Wha - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2004)
, macroeconomic stability and the degree of trade openness. We also discuss the role of quality of education and differences in …
Persistent link: https://www.econbiz.de/10009021354
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The government spending multiplier in Latin American countries : does the institutional environment matter?
Acevedo, Rafael; Mora, Jose U.; Young, Andrew T. - In: Journal of financial economic policy 14 (2022) 4, pp. 476-490
Persistent link: https://www.econbiz.de/10013287850
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Openness, economic uncertainty, government responses, and international financial market performance during the coronavirus pandemic
Nhan Huynh; Dao Anh; Dat Nguyen - In: Journal of behavioral and experimental finance 31 (2021), pp. 1-8
Persistent link: https://www.econbiz.de/10012815661
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Ongoing Changes in the Business Cycle : Evidence and Causes
Dalsgaard, Thomas - 2002
This paper first reviews a number of stylised facts concerning OECD country business cycles over the past four decades. In general, the amplitude of business cycles has fallen, driven mainly by declining fluctuations of domestic demand. As a result, international divergencies of cyclical...
Persistent link: https://www.econbiz.de/10012445279
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Can austerity work?
Calcagno, Alfredo - In: Review of Keynesian Economics 1 (2012), pp. 24-36
Economic policies in several major countries have shifted from fiscal stimulus to austerity in the last few years. They seek to reduce fiscal deficits and reverse the increasing trend of public debt mainly through immediate spending cuts. The fact that fiscal austerity is applied simultaneously...
Persistent link: https://www.econbiz.de/10010711807