This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take …. Using foreign direct investment (FDI) as a measure for capital flows, we present empirical evidence which largely confirms … thereby fosters economic growth. We apply a structural estimation approach to fully track the endogenous mechanisms of the …

This paper examines the economic consequences of terror attacks and the channels through which terrorism affects local … randomness in the success or failure of terror attacks to identify the economic impacts of terrorism. The findings suggest that …

policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …

Zimbabwe faces growth and external competitiveness challenges, as indicated by its low trend growth and investment … 2008 economic collapse and under the current multicurrency regime. While overvaluation hampers GDP growth, as well as … growth and employment in export sectors, we have not found that undervaluation would raise it. Replacing the multicurrency …

trade induced real income gains while the FDI related and innovation induced benefits have been largely neglected, although … the EU and the US are leading FDI host countries and FDI source countries. Moreover, from a theoretical perspective a … knowledge production function has to be considered in order to analyze FDI and innovation dynamics - and this can then be linked …

productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …

If society's goal is to increase people's feelings of well-being, economic growth in itself will not do the job. Full …. -- happiness ; life satisfaction ; subjective well-being ; economic growth ; safety net policies ; developed countries ; transition …