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"Using a unique sample of net domestic product data for districts in India, I investigate the connection between banking sector development, human capital, and economic growth at the sub-national level. Using disaggregate data avoids many of the omitted variable problems that plague...
Persistent link: https://www.econbiz.de/10011394132
Persistent link: https://www.econbiz.de/10010521340
political equilibrium level of financial system development. This may be perturbed by the effect of trade liberalization in the … strength of each group. Using a sample of 41 trade liberalizers Braun and Raddatz conduct an event study and show that the … not driven by changes in demand for external funds, or by the success of the trade policy. The relationship is mediated by …
Persistent link: https://www.econbiz.de/10010522682
"The authors examine whether financial development boosts the growth of small firms more than large firms and hence provides information on the mechanisms through which financial development fosters aggregate economic growth. They define an industry's technological firm size as the firm size...
Persistent link: https://www.econbiz.de/10010522713
"The relationships among competition in the financial sector, access of firms to external financing, and associated economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper Claessens and Laeven first estimate for 16 countries...
Persistent link: https://www.econbiz.de/10010522717
"Loayza and Rancire study the apparent contradiction between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of financial depth as measured by, for instance, private domestic...
Persistent link: https://www.econbiz.de/10010522903
Cover -- Contents -- Foreword -- Acknowledgments -- Abbreviations and Glossary -- Overview -- 1 Conceptual Framework, Stylized Facts, and the Role of the Government -- 2 The Use of Long-Term Finance by Firms and Households: Determinants and Impact -- 3 The Use of Markets for Long-Term Finance --...
Persistent link: https://www.econbiz.de/10013041682
"Studies use different conceptual and operational definitions of crises. The different crisis identifications can lead to inconsistent conclusions and policy formulation even if the same analytical framework is applied. Also, most studies focus on only a few types of crises. This narrow focus on...
Persistent link: https://www.econbiz.de/10010522602
potential for interconnection and electricity trade among Yemen and the countries of the Gulf Cooperation Council (GCC). The … or to the rest of the world; and b) there are no benefits to interconnecting Yemen and Saudi Arabia's networks for trade …
Persistent link: https://www.econbiz.de/10012550936
The main objective of the Water Sector Review in the member countries the Cooperation Council of the Arab States of the Gulf (GCC) is to (1) conduct a diagnosis of the current situation of the water sector, identify issues in the GCC region, evaluate the GCC governments' current water policies,...
Persistent link: https://www.econbiz.de/10012553629