Showing 1 - 10 of 17
-run Granger causality are employed. Usage of optimally specified econometric methods in contradiction to purely discretionary …
Persistent link: https://www.econbiz.de/10010696004
This paper uses a production function to examine the channels through which remittances affect output per worker in 31 … Sub-Saharan Africa (SSA) countries from 1980-2010. We find that remittances directly increase output per worker if … remittances have increased human capital among the low-income nations, among the upper-middle-income nations, they have mostly …
Persistent link: https://www.econbiz.de/10011103382
corresponding short-run Granger causality analysis and the long-run ‘physical capital led investment’ nexus are consistent with the …
Persistent link: https://www.econbiz.de/10010862088
perspectives of vector error correction and short-run Granger causality are used. Findings – In the long-run population growth will …
Persistent link: https://www.econbiz.de/10010862104
This paper examines how regionalization in the face of globalization has affected financial development in the context of banking system efficiency in Africa. Results which are robust to financial system efficiency and growth-led-finance nexus reveal that in the post-regionalization era: (1)...
Persistent link: https://www.econbiz.de/10010862103
The goal of this paper is to assess how knowledge economy (KE) plays out in financial sector competition. It suggests a practicable way to disentangle the effects of different components of KE on various financial sectors. The variables identified under the World Bank’s four knowledge economy...
Persistent link: https://www.econbiz.de/10010887039
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10010775520
The contribution of this paper to complement theoretical and qualitative mobile penetration literature with empirical evidence is twofold: firstly, we assess the income-redistributive effect of mobile phone penetration and; secondly, the instrumentality of financial development dynamics in this...
Persistent link: https://www.econbiz.de/10010775523
In this paper, we dissect with great acuteness contemporary insufficiencies of the IFS (2008) definition of the financial system and conclude from sound theoretical underpinnings and empirical justifications that the foundation, on which it is based, while solid for developed countries, holds...
Persistent link: https://www.econbiz.de/10011079385
We assess the correlations between intelligence and financial development in 123 countries using data averages from 2000-2010. Human capital is measured in terms of IQ, cognitive ability & cognitive skills, while financial development is appreciated both from financial intermediary and stock...
Persistent link: https://www.econbiz.de/10011166592