Showing 1 - 10 of 128
This paper investigates the causal link between foreign direct investment and tourism in India by employing the Granger … causality test under a VAR framework. A one-way causality link is found from foreign direct investment to tourism in India. This … evidence once again adds to the need for appropriate policies and plans to further expand and develop tourism given that FDI …
Persistent link: https://www.econbiz.de/10009363831
With the growing recognition of tourism as a source of employment generating growth in the country, improved … understanding of what tourism is, its role in the economy and its relationship to other parts of the economy is important. The … Tourism Satellite Account (TSA) is a new framework recently adopted by the United Nations Statistical Commission that provides …
Persistent link: https://www.econbiz.de/10009365257
In this study the relationship between corporate governance and corporate valuation, ownership structure and need of external financing for the Karachi Stock Market is examined for the period 2003 to 2008. To measure the firm- level governance a rating system is used to evaluate the stringency...
Persistent link: https://www.econbiz.de/10009363300
This paper examines the impact of R&D and FDI on firm growth for a panel data of Indian manufacturing firms. We argue that besides age and size, FDI and R&D are essential determinants of firm growth. We use GMM estimation for fixed effects panel data models to control for endogenity of R&D and...
Persistent link: https://www.econbiz.de/10009363643
FDI by firms in developing countries is a recent phenomenon and demands a study of relationship between firm productivity and different modes of globalisation activities. This paper attempts to understand this relationship through ordered probit models, examining two key hypotheses using firm...
Persistent link: https://www.econbiz.de/10009363839
This paper estimates production functions of child cognitive and social development using a panel data of nine-year old children each with over two hundred home and school inputs as well as family background variables. A tree regression method is used to conduct estimation under various...
Persistent link: https://www.econbiz.de/10009365077
We investigate whether TV watching at ages 6-7 and 8-9 affects cognitive development measured by math and reading scores at ages 8-9 using a rich childhood longitudinal sample from NLSY79. Dynamic panel data models are estimated to handle the unobserved child-specific factor, endogeneity of TV...
Persistent link: https://www.econbiz.de/10009365268
Trade policy has been a very contentious issue in the discourse on African development. Using panel data for 33 African countries spanning the period 1986-2000, we examine the relationship between trade liberalization and macroeconomic instability in Africa. We focus on instabilities in output,...
Persistent link: https://www.econbiz.de/10009365283
East Asian countries. This study evaluates the degrees of currency misalignment of Korea, China, Malaysia, Thailand, the …
Persistent link: https://www.econbiz.de/10009365503
Does financial health shore up firm productivity? This paper empirically investigates this question and presents productivity as another driving factor in translating financial development into real economic progress. Our empirical framework employs Levinsohn and Petrin’s (2003)...
Persistent link: https://www.econbiz.de/10011134329