Narrow search
Showing 1 - 10 of 90
Cover Image
TESTING THE FINANCE-GROWTH LINK: IS THERE A DIFFERENCE BETWEEN DEVELOPED AND DEVELOPING COUNTRIES?
Dufrénot, Gilles; Mignon, Valérie; Peguin-Feissolle, Anne - HAL - 2008
We revisit the evidence of the existence of a long-run link between financial intermediation and economic growth, by testing of cointegration between the growth rate of real GDP, control variables and three series reflecting financial intermediation. We consider a model with a factor structure...
Persistent link: https://www.econbiz.de/10008794722
Cover Image
Exchange Rate Dynamics and Fundamental Equilibrium Exchange Rates
Saadaoui, Jamel - HAL - 2011
The paper investigates if the most popular alternative to the purchasing parity power approach (PPP) to estimate equilibrium exchange rates, the fundamental equilibrium exchange rate (FEER) influences exchange rate dynamics in the long run. For a large panel of industrialized and emerging...
Persistent link: https://www.econbiz.de/10009226837
Cover Image
Using panel unit root tests to evaluate the income convergence hypothesis in middle East and North Africa countries
Guetat, Imène; Serranito, Francisco - HAL - 2005
This article aims at testing the convergence hypothesis in MENA region using new tests of a unit root in panel data. Quah (1994, 1998), Evans & Karras (1996) and Bertrand & Jones (1996) recommend this technique to evaluate the income convergence hypothesis. According to them it avoids...
Persistent link: https://www.econbiz.de/10010750695
Cover Image
A RE-EXAMINATION OF REAL INTEREST PARITY IN CEECs USING OLD AND NEW GENERATIONS OF PANEL UNIT ROOT TESTS
Albulescu, Claudiu Tiberiu; Pepin, Dominique; Tiwari, … - HAL - 2014
This study applies old and new generations of panel unit root tests to test the validity of long-run real interest rate parity (RIP) hypothesis for ten Central and Eastern European Countries (CEECs) with respect to the Euro area and an average of the CEECs' real interest rates, respectively....
Persistent link: https://www.econbiz.de/10010821461
Cover Image
What would Nelson and Plosser find had they used panel unit root tests?
Hurlin, Christophe - HAL - 2007
In this study, we systemically apply nine recent panel unit root tests to the same fourteen macroeconomic and financial series as those considered in the seminal paper by Nelson and Plosser (1982). The data cover OECD countries from 1950 to 2003. Our results clearly point out the difficulty that...
Persistent link: https://www.econbiz.de/10008793632
Cover Image
Strategic Interactions in Environmental Regulation Enforcement: Evidence from Chinese Provinces
Renard, Mary-Françoise; Xiong, Hang - HAL - 2012
towards China's decentralization of environment policy implementation as well as its fiscal arrangements. …
Persistent link: https://www.econbiz.de/10009651572
Cover Image
Determinants of FDI into China and Vietnam: A comparative study
Pham, Thi-Hong-Hanh - HAL - 2012
Since the inception of economic reforms, China in 1978 and Vietnam in 1986, both countries have become successful … between China and Vietnam?" through a comparative study of the FDI determinants. In other words, this paper revisits the … determinants of FDI into China and Vietnam by employing an augmented gravity model and using a panel dataset containing information …
Persistent link: https://www.econbiz.de/10009651580
Cover Image
The world upside down
Fabre, Guilhem; Grumbach, Stephane - HAL - 2012
R&D and innovation have become much more strategic than ever before for the growth of China as well as for its global … perspective explaining the legacy of the past in today's choices. In the second part, we illustrate China's catching up strategy …
Persistent link: https://www.econbiz.de/10009654257
Cover Image
Return migrants : The rise of new entrepreneurs in rural China
Démurger, Sylvie; Xu, Hui - HAL - 2011
rural household survey conducted in Wuwei county (Anhui province, China) in 2008. We apply two complementary approaches : a …
Persistent link: https://www.econbiz.de/10009323941
Cover Image
Earnings Differentials between the Public and Private Sectors in China: Exploring Changes for Urban Local Residents in the 2000s
Démurger, Sylvie; Li, Shi; Yang, Juan - HAL - 2012
This paper analyzes the changes in public-private sector earnings differentials for local residents in urban China …
Persistent link: https://www.econbiz.de/10009323945