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Bribery-export nexus under the firm's growth obstacles
Trang Hoai Phan; Stachuletz, Rainer - In: Economies : open access journal 10 (2022) 2, pp. 1-26
Business bribery is a particularly serious problem in the integration era. First, this article investigates the effects of institutional obstacles on firms' bribery in 131 countries classified by nation income groups. Through the appropriate proposal of fitting functions, the relationship...
Persistent link: https://www.econbiz.de/10012800924
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Empirical analysis of the impact of education on economic growth
Ziberi, Besime Fekri; Rexha, Donat; Ibraimi, Xhemazie; … - In: Economies : open access journal 10 (2022) 4, pp. 1-10
Education is a crucial factor for sustainable economic growth. Therefore, public expenditures on education are of great … the model is Gross Domestic Product and the independent variables in the model are public expenditures on education, labor … expenditures on education will positively affect economic growth in the North Macedonia. The study also shows that a one …
Persistent link: https://www.econbiz.de/10013199127
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Causal interaction between FDI, corruption and environmental quality in the MENA region
Bardi, Wajdi; Hfaiedh, Mohamed Ali - In: Economies : open access journal 9 (2021) 1/14, pp. 1-12
The present work analyzes the impact of foreign direct investment (FDI) and corruption on the quality of the environment in the MENA region. Indeed, the magnitude of corruption and the quality of institutions are often cited as the main factors affecting the FDI inflow. Here, the Autoregressive...
Persistent link: https://www.econbiz.de/10012483270
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Growth effect of public debt : the role of government effectiveness and trade balance
Butkus, Mindaugas; Seputiene, Janina - In: Economies : open access journal 6 (2018) 4/62, pp. 1-27
A growing number of recent works support the idea of debt threshold level (turning point), above which debt starts reducing economic growth. However, estimated threshold varies sharply across studies and gives a little insight into what the optimal level of debt is. The point is that there is no...
Persistent link: https://www.econbiz.de/10011956426
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Foreign direct investment and exports stimulate economic growth? : evidence of equilibrium relationship in Peru
Bazán Navarro, Ciro Eduardo; Álvarez-Quiroz, Víctor … - In: Economies : open access journal 10 (2022) 10, pp. 1-16
The purpose of this research is to estimate the dynamic impacts of foreign direct investments (FDI) and exports on economic growth in Peru (1970-2020) using annual series. Starting with the theoretical Mundell-Fleming static model with assumptions, we find that the change in exports does not...
Persistent link: https://www.econbiz.de/10013499178
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On the asymmetric relation between inflation and growth in Mexico : a NARDL approach
Trejo-García, José Carlos; Valencia-Romero, Ramón; … - In: Economies : open access journal 12 (2024) 1, pp. 1-25
The effects of various geopolitical tensions, conflicts between countries and the global post-pandemic COVID-19 have caused an acceleration in the price level in many countries around the world. This research focuses on Mexico since its monetary policy has created intricate interactions between...
Persistent link: https://www.econbiz.de/10014496507
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External shocks, trade margins, and macroeconomic dynamics
D'Addona, Stefano; Cavallari, Lilia - In: Economies : open access journal 8 (2020) 1/6, pp. 1-26
This paper studies the role of the exchange rate regime for trade of new products. It first provides VAR evidence that a rise in external productivity shifts trade away from new products and more so in fixed regimes. Then, it presents a model with firm dynamics in line with this evidence. We...
Persistent link: https://www.econbiz.de/10012168776
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The Long-Run Effects of Tradeon Income and Income Growth
Brunner, Allan D. - 2003
This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate of the economy. Using a dynamic panel data model,...
Persistent link: https://www.econbiz.de/10014404012
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Deposit Insurance Regulatory forbearance and Economic Growth : Implications for the Japanese Banking Crisis
Kletzer, Kenneth - 2005
An endogenous growth model with financial intermediation demonstrates how deposit insurance and prudential regulatory forbearance lead to banking crises and growth declines. The model assumptions are based on features of the Japanese financial system and regulation. The model demonstrates how...
Persistent link: https://www.econbiz.de/10014404180
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Corruption, Public Investment, and Growth
Tanzi, Vito - 1997
expenditures on operations and maintenance; and (iv) lower quality of public infrastructure. The evidence also shows that …
Persistent link: https://www.econbiz.de/10014401205