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This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990-2011. Our results indicate that there is evidence of bidirectional causality between...
Persistent link: https://www.econbiz.de/10010488272
member states from 1998 to 2007. We find that (a) the marginal impact of ICT capital is higher when it is complemented with …
Persistent link: https://www.econbiz.de/10010374120
This paper reviews the main features of the banking and financial sector in ten new EU members, and then examines the relationship between financial development and economic growth in these countries by estimating a dynamic panel model over the period 1994-2007. The evidence suggests that the...
Persistent link: https://www.econbiz.de/10010398778
Despite the increasing importance of remittances in total international capital flows, the relationship between remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in particular how local financial sector development...
Persistent link: https://www.econbiz.de/10003333108
India's state assemblies, leveraging close elections to isolate causal effects. We find significantly higher growth in …
Persistent link: https://www.econbiz.de/10011872787
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level (Rawski and Perkins, 2008; Bosworth and Collins, 2008) suggest an...
Persistent link: https://www.econbiz.de/10003940472
This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...
Persistent link: https://www.econbiz.de/10003762132
the forefront of tertiary education in colonial India, but they established many high quality colleges following Indian …
Persistent link: https://www.econbiz.de/10011375978
countries in the south have younger population. India for example, has 60% of its population in the age group of 15-59, with the … physical infrastructure are conducive to rapid economic growth commensurate with the projected demographic dividends for India …
Persistent link: https://www.econbiz.de/10011452232
In the past twenty years, India's economy has grown at increasing rates and now belongs to the fastest …-growing economies in the world. This paper examines drivers of female labor force participation in urban India between 1987 and 2004 … minority of India's women. So despite India's economic boom, it appears that for all but the very well educated, labor market …
Persistent link: https://www.econbiz.de/10009533351