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and the Pacific's past experience in dealing with shocks show that focusing on economic growth alone is not enough. Rising …
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This paper analyses the short- and long-run effects of trade openness on financial development in a panel including data on 35 European countries over the period 2001-2019. For this purpose, it uses the PMG (pooled mean group) estimator for dynamic panels developed by Pesaran et al. (1999). The...
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innovation and thereby economic growth. Theoretically, dismissal laws make it costly for firms to arbitrarily discharge employees … discontinuity tests to provide this evidence. Building on endogenous growth theory, which posits that economic growth stems from … innovation, I also show that dismissal laws correlate positively with economic growth. However, other forms of labor laws …
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Even though the impacts of the globalization on economic growth and structural changes are inevitable, many developing …-run relationship in sectoral growth. The empirical investigations revealed an existence of unidirectional causality toward agricultural … effect of Gregory-Hansen co-integration affirmed a long-run nexus in agricultural growth positively with industrial and …
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