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real per output growth, excess credit, foreign direct investment (FDI) and the current account balance, in the Central and … rate volatility is associated with higher growth, higher stocks of FDI, higher current account deficits, and higher excess …
Persistent link: https://www.econbiz.de/10008792016
Our work contributes to the literature relating output structure and economic development by showing that growth gains … capabilities available to domestic _rms operating in ordinary trade is an important driver of economic growth. However, no direct … technology adoption to be growth enhancing. …
Persistent link: https://www.econbiz.de/10010898392
This paper investigates the effect of FDI on economic growth conditional on the institutional quality of host countries … develop several arguments to show that institutional quality modulates the intensity of FDI impact on growth. Using a … threshold of institutional quality that influence the FDI growth effect. These results have significant implications for policy …
Persistent link: https://www.econbiz.de/10010899872
This paper analyses the monetary consequences of the Latin-American trade integration process. We consider a sample of five countries -Argentina, Brazil, Chile, Mexico and Uruguay- spanning the period 1991-2007. The main question raised pertains to the feasibility of a monetary union between...
Persistent link: https://www.econbiz.de/10008790825
This paper analyses the monetary consequences of the Latin-American trade integration process. We consider a sample of five countries –Argentina, Brazil, Chile, Mexico and Uruguay- spanning the period 1991-2007. The main question raised pertains to the feasibility of a monetary union between...
Persistent link: https://www.econbiz.de/10008792452
This paper assesses the monetary consequences of the Latin-American integration process. Over the period 1991-2007, we analyze a sample of five Latin-Americancountries focusing on the feasibility of a monetary union between L.A. economies. To this end, we study the issue of business cycle...
Persistent link: https://www.econbiz.de/10008793178
used in the abatement sector determines the existence and the direction of the growth-effect. A tighter environmental tax …
Persistent link: https://www.econbiz.de/10008855841
innovative firms facing random investment opportunities in research and development (R&D) and determine the growth of their … and firms savings determines a leveraged growth of innovations which increasing when legal reforms reduce the imperfection …
Persistent link: https://www.econbiz.de/10009021740
). Indeed, after WWII, thinking on development was focused on growth. A major shift occurred in the late 1990s, which has … consisted in the replacement of 'growth' or 'development' as a goal of policymakers and international institutions and a central …-à-vis the previous one of growth and development, and the acceptance that development is no longer the priority goal of public …
Persistent link: https://www.econbiz.de/10009372663
Recently, many contributions have focused on the relationship between capital accumulation, growth and population … environmental concerns. One can therefore explain a simultaneous increase of capital intensity, population growth and pollution … capital intensity, population growth and pollution. …
Persistent link: https://www.econbiz.de/10009325714