Showing 1 - 10 of 10
This paper uses annual aggregate data for 36 low or middle income countries covering the period 1995-2001 to investigate the effect of FDI on private investment. It also explores if the relationship between FDI and private investment is influenced by the nature of the political regime, using...
Persistent link: https://www.econbiz.de/10010273460
financing source matters for firm growth is greater for small firms than big firms. Self-raised finance appears to be most … size, finance and growth also depends on ownership. In addition, there exist strong complementarities between formal and … informal finance, as well as between indigenous and foreign finance. …
Persistent link: https://www.econbiz.de/10010273480
Micro- and small-scale enterprises (MSEs) have become important players in the Kenyan economy, but at the same time they continue to face constraints that limit their development. Lack of access to financial services is one of the main constraints, and a number of factors have been identified to...
Persistent link: https://www.econbiz.de/10010273501
The role of foreign direct investment (FDI) in small island developing states (SIDS) is an issue that has been neglected until relatively recently. The reasons for this lack of interest are unsurprising, given both the low absolute volume of capital flows involved and the general neglect of...
Persistent link: https://www.econbiz.de/10010284664
In this paper we focus on the relationship between remittance inflows and financial inclusion in developing countries. We present single equation estimates on remittances and financial inclusion, and system estimates in which economic growth is explained by e.g., financial inclusion, and...
Persistent link: https://www.econbiz.de/10010284894
Traditionally, firms in India have shown a low preference towards debt financing, despite its advantages. Using panel data from 450 firms during 1992-93 and 2003-04, we attempt to identify factors which could explain the pattern of financing of manufacturing firms in India and the key...
Persistent link: https://www.econbiz.de/10010331078
We analyse the Granger causal relationships between foreign direct investment (FDI) and GDP in a sample of 31 developing countries covering 31 years. Using estimators for heterogeneous panel data we find bi-directional causality between the FDI-to-GDP ratio and the level of GDP. FDI has a...
Persistent link: https://www.econbiz.de/10010284580
This paper investigates the dynamic relationship between terms of trade shocks and the current account in selected small islands developing states. The findings show that the terms of trade explain a significant proportion of the variation in the current account balances. Also, the current...
Persistent link: https://www.econbiz.de/10010284624
This study econometrically evaluates the short-run impact of aid in small developing countries (SDCs) by applying a VAR model to study aid's impact on 'absorption' (increasing import demand) and 'spending' (increased domestic demand) across countries. Whilst our approach allows parameters to...
Persistent link: https://www.econbiz.de/10010284813
This paper examines the impact of changes in poverty and public health spending on inter-temporal variations in longevity using a unique regional-level dataset that covers 77 regions of Russia over the period 1994-2000. The dynamic panel data model is used as a tool for the empirical analysis....
Persistent link: https://www.econbiz.de/10010284857