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Bank deregulation, competition and economic growth : the US free banking experience

Ager, Philipp; Spargoli, Fabrizio - 2013

removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic … stability in this period, we are able to isolate the effects of bank competition from those of state implicit guarantees. We … find that the introduction of free banking laws stimulated the creation of new banks and led to more bank failures. Our …

Persistent link: https://www.econbiz.de/10010227307

Hysteresis in a model of cycles and growth

Ewijk, Casper van - 1994

Persistent link: https://www.econbiz.de/10000151688

Forecasting aggregate productivity using information from firm-level data

Bartelsman, Eric J.; Wolf, Zoltán - 2009

Persistent link: https://www.econbiz.de/10003851120

Variable selection and functional form uncertainty in cross-country growth regressions

Salimans, Tim - 2011

Persistent link: https://www.econbiz.de/10008824707

Structural differences in economic growth

Basturk, Nalan; Paap, Richard; Dijk, Dick van - 2008

This paper addresses heterogeneity in determinants of economic growth in a data-driven way. Instead of defining groups of countries with different growth characteristics a priori, based on, for example, geographical location, we use a finite mixture panel model and endogenous clustering to...

Persistent link: https://www.econbiz.de/10011377062

Forecasting aggregate productivity using information from firm-level data

Bartelsman, Eric J.; Wolf, Zoltán - 2009

This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...

Persistent link: https://www.econbiz.de/10011378362

Economic growth and the volatility of foreign aid

Chervin, Michal; Wijnbergen, Sweder van - 2009

Foreign aid’s effectiveness in promoting economic growth remains mired in controversy.We examine the impact of the volatility of aid on economic growth, controlling for the level of aid. A four-year panel analysis is conducted encompassing 155 countries over the period 1966-2001. We find that...

Persistent link: https://www.econbiz.de/10011379530

How important are institutions for growth in transition countries?

Moers, Luc - 1999

Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment (FDI), the latter in turnbeing important for the...

Persistent link: https://www.econbiz.de/10011300556

Growth empirics with institutional measures and its application to transition countries : a survey

Moers, Luc - 1998

Institutions are strikingly absent from most economic theory, certainly from growth theory.In standard theory it is …

Persistent link: https://www.econbiz.de/10011300567

Growth effects of fiscal policies : a comparative analysis in a multi-country context

Brons, Martijn; Groot, Henri L. F. de; Nijkamp, Peter - 1999

The potential interactions among fiscal policies, investments and economicgrowth are complex and manifold.In this paper, we will perform a systematic comparative analysis of the variouseconomic insights that arecurrently available on these complex relationships, both theoretically (by aselective...

Persistent link: https://www.econbiz.de/10011301152