Showing 1 - 10 of 51
We construct comprehensive and comparable indices on the most relevant components of economic infrastructure. An unobserved components model is employed to cover the largest possible number of developing and developed countries over the period 1990-2010. We map major findings from the new...
Persistent link: https://www.econbiz.de/10010886848
financial spheres. The monetary profit inducing capitalist production, emanates from the sphere of finance. In a world of …
Persistent link: https://www.econbiz.de/10008479049
The present contribution tests whether countries can be pooled when studying the financegrowth nexus. Overall, our results point toward a ‘pragmatic’ positive answer, though considerable heterogeneity is present among developing countries.
Persistent link: https://www.econbiz.de/10005755203
The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence … countries. The results for this application support the view that finance leads growth, reject its possible endogeneity and …
Persistent link: https://www.econbiz.de/10005818797
recent firm level database. We pay particular attention to the impact of domestic access to finance. Our results show that … engage in own R&D or if they have good access to domestic finance. However, access to finance only plays a role for private … little significance for SOEs and is also independent of their access to finance. By contrast, it is an important channel …
Persistent link: https://www.econbiz.de/10005818806
We analyze the link between firms’ access to finance and their decisions to enter and exit the export market. We employ … contrast, there is no relationship between the decision of firms to enter or exit export markets and their access to finance …. This may suggest that internal finance plays a greater role in Eastern European and CIS countries than in developed …
Persistent link: https://www.econbiz.de/10010886834
Using firm-level data for the UK, we investigate the link between firms’ financial health, borrowing ratio and export exit, paying special attention to the recent financial crisis. Our results show that deterioration in the financial position of firms has increased the hazard of export exit...
Persistent link: https://www.econbiz.de/10010886863
Using a large panel of UK manufacturing firms over the period 2000—2009, we consider how firms responded during the most recent financial crisis, estimating models for export market participation decisions and firm growth and survival. The results indicate that financial variables are highly...
Persistent link: https://www.econbiz.de/10010886868
This paper provides new evidence on the long-run relationship between exports and imports of the Iranian economy by … between imports and exports over the sample period, 1960-2007. This result confirms the finding of Arize (Imports and Exports …
Persistent link: https://www.econbiz.de/10010956087
/2009. Almost all of the decline in exports was due to negative changes of exports in firms that continue to export (i.e. at the so …-called intensive margin) while the decrease of exports due to export stoppers (at the so-called extensive margin) was tiny. It is shown …
Persistent link: https://www.econbiz.de/10010956149