Showing 1 - 10 of 91
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using … is evidence of bidirectional causality between CO2 emissions and economic growth. Economic growth and trade openness are … financial development to economic growth and from trade openness to CO2 emissions is identified. Our empirical results also …
Persistent link: https://www.econbiz.de/10011195814
Demand for air quality depends on health impacts and defensive investments that improve health, but little research assesses the empirical importance of defenses. We study an important cap-and-trade market, which dramatically reduced NOx emissions, a key ingredient in ozone formation. A rich...
Persistent link: https://www.econbiz.de/10011207670
for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the … presumed growth benefits of financial integration. Indeed, a new literature proposes that the indirect benefits of financial …
Persistent link: https://www.econbiz.de/10005070416
remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in …-constructed dataset for remittances covering about 100 developing countries, we find that remittances boost growth in countries with less …
Persistent link: https://www.econbiz.de/10005566488
economic growth, increases the income of the poor, and reduces inequality. This paper studies the effects of financial …
Persistent link: https://www.econbiz.de/10005233762
successful. Both private credit and stock market capitalization are important for promoting entry and post entry growth of firms … entry of new (especially small) firms and the post-entry growth of successful young businesses. …
Persistent link: https://www.econbiz.de/10005233782
income growth. Tracing cohorts over time indicates a virtual absence of consumption smoothing over the life cycle. The age …
Persistent link: https://www.econbiz.de/10005247694
This paper investigates the effects of financial development and political instability on economic growth in a power … instability (e.g., guerrilla warfare) has a direct negative impact on growth; (ii) formal or anticipated instability (e ….g., cabinet changes) has an indirect (through volatility) impact on growth; (iii) the effect of financial development is positive …
Persistent link: https://www.econbiz.de/10005703824
In this paper we investigate the effect of local banking development on firms’ innovative activities, using a rich data set on innovation for a large number of Italian firms over the 1990’s. There is evidence that banking development affects the probability of process innovation,...
Persistent link: https://www.econbiz.de/10005822124
This paper provides an overview of the complex conceptual and practical challenges that emerging market economies face as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest for financial stability with the imperatives of financial...
Persistent link: https://www.econbiz.de/10008682959