Showing 1 - 10 of 1,786
This paper aims at uncovering the different channels through which de facto financial openness affects economic growth and its components. The results herein indicate that de facto measures of financial openness (as proxied by different types of capital inflows) stimulate economic growth. In...
Persistent link: https://www.econbiz.de/10008543498
. This paper discusses two unfavourable scenarios – negative terms of trade shock due to the decline in cotton, gas and gold …
Persistent link: https://www.econbiz.de/10011108993
– negative terms of trade shock due to the decline in cotton, gas and gold prices (a deterioration of the current account balance …
Persistent link: https://www.econbiz.de/10011112422
This study examines the role of trade openness and foreign direct investment in influencing economic growth in Malaysia … that trade openness is positively associated and statistically significant determinant of growth, both in short run and the …
Persistent link: https://www.econbiz.de/10005619827
This paper investigated the effect of terms of trade growth and its volatility on economic growth in Sub-Saharan Africa … terms of trade and income terms of trade as a measure of terms of trade for the entire analysis of this paper. Using data … from 1985 to 2010, I found that the net barter terms of trade and income terms of trade growth has positive and significant …
Persistent link: https://www.econbiz.de/10011107298
We investigate, both theoretically and empirically, how the negative effects of government corruption on economic growth are magnified or reduced by capital account liberalization. Our model shows that highly corrupt countries impose higher tax rates than do less corrupt countries, thereby,...
Persistent link: https://www.econbiz.de/10009386702
difference is caused by a cross-country spillover effect of monetary policy arising from trade in intermediate goods. Under the …
Persistent link: https://www.econbiz.de/10011170142
This paper aims to investigate the relationship between physical infrastructure and economic development of Pakistan. A composite index of physical infrastructure has been constructed through Principal Component Analysis. This has been done by taking into account three different dimensions of...
Persistent link: https://www.econbiz.de/10011107814
This article remark that the activities of the international capital flows and the foreign direct investment increase on the growth process of countries. The economies attach more importance to these two factors in each passing day. On the other hand, the exposure degrees of host countries...
Persistent link: https://www.econbiz.de/10011112303
This study aims to examine the absolute and conditional convergence across the 27 EU Member States. To examine the absolute β convergence was used Baumol model (1986) estimated by OLS and Panel Data, and to examine the absolute σ convergence the Quah model (1993) by graphical analysis....
Persistent link: https://www.econbiz.de/10011167233