Showing 1 - 10 of 147
This paper empirically investigates the impact of trade and financial liberalisation on economic growth in Pakistan … using annual observations over the period 1961-2005. The analysis is based on the bound testing approach of cointegration … advanced by Pesaran, et al. (2001). The empirical findings suggest that both trade and financial policies play an important …
Persistent link: https://www.econbiz.de/10009365136
In spite of being the second largest recipient of FDI in the world, China shows limited evidence of considerable FDI benefits on growth (Fan and Hu 2007; Luo 2007; Ran et al. 2007). Motivated by Alfaro et al.s (2003) model, this study tests whether poor financial market development might be responsible...
Persistent link: https://www.econbiz.de/10009365250
The economics-literature, drawing on endogenous growth theory, suggests that the level of financial sector development may influence foreign direct investment and its impact on the diffusion of technology in the host country, thereby increasing the rate of economic growth. Little attention,...
Persistent link: https://www.econbiz.de/10009365430
rest of the world. We have a long history of producing research into trade liberalisation and globalisation. As the global … between trade flows and the movement of people across borders. This research was funded by NZIER in celebration of our 50th … investigate the links between trade, migration and New Zealands diaspora. It clearly shows that inwards and outwards migration has …
Persistent link: https://www.econbiz.de/10009365128
Previous work has shown that the results of both China and Mexicos export-led market reforms over the past quarter century have been strikingly different. In contrast to China, Mexico has not managed to increase the value added of its exports of manufactured goods and has subsequently had a...
Persistent link: https://www.econbiz.de/10009365144
This paper looks at the issue of reforming financial regulatory structures from the New Institutional Economics perspective. In particular, it examines how the broader institutional environment prevailing in developing countries like the Philippines may affect the institutional arrangements for...
Persistent link: https://www.econbiz.de/10009363800
The complex interaction between trade and politics is analysed for the JapanChina relationship using Granger causality … tests. The purpose is to determine the presence and direction of causation between trade and political events, both positive … and negative, and to gauge an idea of the lag length of causality. Trade is growing quickly between Japan and China …
Persistent link: https://www.econbiz.de/10009363382
cointegration, which is more appropriate for estimating small sample studies. The data span for the study is from 1975 to 2006. The … results indicate that foreign capital (FDI), domestic capital, and trade are statistically significant in both the long …
Persistent link: https://www.econbiz.de/10009363557
This study investigates how the patterns of productivity growth have changed over the past few decades for the Asian economies in comparison with the advanced economies. The findings indicate that the Asian economies are in the process of transition in terms of pattern of growth. It seems that...
Persistent link: https://www.econbiz.de/10011268110
This study investigates how the patterns of productivity growth have changed over the past few decades for the Asian economies in comparison with the advanced economies. The findings indicate that the Asian economies are in the process of transition in terms of pattern of growth. It seems that...
Persistent link: https://www.econbiz.de/10011268111